India’s growth of GDP has accelerated to 7.6 percent in the current financial year. Announcing this while presenting the general budget for 2016-17 in Lok Sabha, union finance minister Arun Jaitley said that this was achieved despite the con
Going purely by the number of times a keyword is mentioned (or not mentioned), it seems finance minister Arun Jaitley too has finally given up on the two big promises of the BJP: investment and growth.
* A comprehensive Code on Resolution of Financial Firms to be introduced. * Statutory basis for a Monetary Policy framework and a Monetary Policy Committee through the Finance Bill 2016.
While presenting the general Budget 2016-17 in Lok Sabha, finance minister Arun Jaitley said that the government has already accepted many recommendations of the Tax Administration Reform Committee. He further proposed to accept a number of recomm
In its bid to give a major push to improving the infrastructure in the country, finance minister Arun Jaitley, has announced a total outlay of Rs 2,18,000 crore as capital expenditure for roads and railways in 2016-17. The year’s budget also
The government has allocated Rs 2,059 crore for several ICT projects, including e-learning, e-panchayat and land record modernisation in its 2016-17 budget tabled in the parliament by finance minister Arun Jaitley.
* 100% deduction for profits to an undertaking in housing project for flats upto 30 sq. metres in four metro cities and 60 sq. metres in other cities, approved during June 2016 to March 2019 and completed in three years. MAT to apply.
* A Task Force has been constituted for rationalisation of human resources in various Ministries. * Comprehensive review and rationalisation of Autonomous Bodies.
More than the debate on who would take the Oscars home, it was a Twitter hashtag – ‘OscarsSoWhite’ – that acted as a prologue to the Academy Awards. The hashtag came as an insult to the awards ceremony which was heavily cri
(This article was written before the Budget 2016 was announced, which increased excise duty on all tobacco products by 10-15%) A report released in February says that tobacco products in the country have become more affordable tha
I first entered JNU in July 1997, weeks before India celebrated its fiftieth year of azaadi. Like most freshers, I was overawed by JNU’s sylvan sprawl, its honeycomb of red-brick buildings, its scruffy, jargon-spouting, jhola-toting students
2014 – ghar wapsi; 2015 – cow slaughtering; 2016 – anti-nationalism. This has been the year-wise growth in India under the slogan of ‘achche din’. With the trampling of spring, the capital witnessed lawyers and legisl
Going back in time by thousands of years holding on to the invisible strings of one’s DNA is a miracle of science. But geneticists studying the Indian genes are unable to trace the divisions that have marked India for a long time – fir
Economic survey 2015-16 finds uneven distribution of Rs 100,000 crore subsidies going to the better-off merely on account
In view of the sweeping changes made in the power sector in the last two years, 2014-15 witnessed the highest ever i
“Though India’s GDP growth has been impressive and the agricultural production has also increased over t
The country has witnessed a massive growth in horticulture produce – particularly fruits and vegetables – over
The economic survey 2015-16 shows that the prudent external debt policy of the government has resulted in external debt remaining within safe and comfortable limits and in containing its rise. India’s balance of payments (BoP) position remai
The Indian economy may grow in the range of 7 to 7.75 percent, according to economic survey 2015-16. The real gross
