At a meeting to review India's sovereign ratings, the global ratings agency Moody's raised concerns about the food security bill, derailing the government's subsidy math. However, the finance ministry asserts that the red lines will not be crossed.
Leader of the Opposition in the Lok Sabha Sushma Swaraj slams the government and holds it responsible for a string of corruption cases, "each bigger than the other". She contended that if the 15th Lok Sabha had gained the dubious distinction of being the worst...
The Finance Bill is likely to be passed in the Parliament today as the Opposition has agreed to allow passage of the bill in the all-party meet summoned by Speaker. Opposition has been continually cornering the government and stalling Parliament over several i...
The deadlock between the government and the Opposition may keep the Parliament paralysed. However, the Opposition has relented just enough to allow the Finance Bill to pass today.
After five days of all ruckus and no work, the Parliament will finally get down to work tomorrow morning, when the key Finance Bill will be passed in Lok Sabha. The Opposition has agreed to take up the Finance Bill in the Lok Sabha tomorrow.
Both houses of the Parliament were disrupted following uproar over coal block allocation scam and 2G scam. The Opposition kept the heat on the government, calling for PM's resignation. However, there seems to be consensus on the Finance bill, which will be tak...
The meeting at the Speaker's chamber has ended. The deadlock has broken to let the financial Bills to be passed tomorrow. The BJP has agreed to let the Railway Budget, the Finance Bill and the demand for grants to be passed tomorrow.
The union cabinet is set to take up the Criminal Law (Amendment) Bill for discussion today after the Group of Ministers led by Finance Minister Chidambaram gave its nod to the bill. One of the key proposals in the bill is lowering the age for consensual sex fr...
Following the union cabinet's failure to arrive at a consensus over the Criminal Law (Amendment) Bill, the Group of Ministers (GoM), headed by Finance Minister P Chidambaram is set to meet to frame the required changes in the bill for cabinet approval.
These are the things that will cost more post the announcements made today in Budget 2013. Here is a sample: SUVs are going to cost more, as also foreign-made bikes, mobiles phones to cost more, as also cigarettes.
In this part of Finance Minister P Chidambaram's Budget 2013 speech, he speaks on funds allocation for rural and urban housing sector, for the national housing bank, reforms in the insurance sector and regulations for insurance companies wanting to open branch...
As expected, UPA has won the vote on FDI in retail in the Upper House too with the assistance of SP that abstained voting and BSP that voted for the government. Reacting to the victory of UPA in the Rajya Sabha, Finance Minister P Chidambaram says that the gov...
The Union Cabinet has approved 49 per cent FDI in insurance and 26 per cent in pension sector. The Cabinet has cleared proposals including the new Companies Bill, amendments to Competition Act and Forward Contracts (Regulation)Act. Finance Minister P Chidambar...
Market Hour brings reactions from the insurance sector after the Cabinet clears bills and raises FDI in the insurance sector to 49 percent. The FDI in pension fund is also on par with insurance now. Finance Minister P Chidambaram says these reforms will influe...
The top stories on Market Hour are: Montek Singh Ahluwalia explains how the FDI in insurance will help attract investors; Deepak Parekh stresses the importance of rehauling the regulatory framework and environmental clearances; Subir Gokarn on inflationary imp...
While Mamata Banerjee claims FDI in retail as a topic wasn't broached, the US Embassy on the other hand says that Hillary Clinton discussed FDI with the leader.
Newshour | Are Congress ministers expressing their loyalty to the party or are there any hidden agendas in their willingness to quit the cabinet and work for the party?
Following the debacle in the UP polls, Congress leaders reportedly express their willingness to quit the cabinet and work towards strengthening the party in the state.
Following the party's poor performance in the UP polls, senior Congress leaders reportedly express their readiness to quit their posts and work towards strengthening of the party in UP.
While food subsidies and funds for the Food Security Act will be fully provided for, other subsidies could be cut down if they compromise the macro-economic fundamentals.