Uproar in Parliament over Vadra's land deals, SL war crimes Both the Houses of Parliament had to be adjourned twice on Tuesday after the Opposition took on the government over Congress President Sonia Gandhi's son-in-law Robert Vadra's land deals. Questions have earlier been raised over Vadra's land deals in Haryana and Rajasthan. ...  
12:17 PM, Mar 12, 2013

Opposition must co-operate in the budget session, says Chavan Opposition must keep their political differences aside and co-operate during the budget session commencing on Monday, Maharashtra Chief Minister Prithviraj Chavan said on Sunday. "The debate on drought and other important issues will be held during the session. Therefore, they (opposition) should co-operate," Chavan told reporters. ...  
06:25 AM, Mar 11, 2013

US: Obama pokes fun at self, reporters at dinner
by
President Barack Obama poked fun at himself, Bob Woodward and Washington reporters on Saturday at a dinner that brought together the country's press and political elites. ...  
01:53 PM, Mar 10, 2013

Hopeful of 19 percent tax revenue growth in 2013-14, says Shome
by IANS
On the back of higher economic growth and the additional revenue measures of the budget, the central government hopes tax collections will increase 19 per cent in 2013-14, the finance minister's adviser Parthasarathi Shome said on Saturday. ...  
06:53 AM, Mar 10, 2013

DTC bill will be introduced in Budget session: FM Finance Minister P Chidambaram on Saturday said the government wants to introduce the Direct Tax Code (DTC) bill in the Budget session of Parliament. He also said that Goods and Service Tax (GST) would become a reality within 2013, if all state governments come on board. ...  
10:59 PM, Mar 09, 2013

Committee to prepare blueprint for women's bank
by IANS
The government on Friday set up a committee headed by former chairman and managing director of Canara Bank MBN Rao to prepare the blueprint for the country's first women's bank. ...  
04:28 AM, Mar 09, 2013

Budget 2013: CNBC TV18 beats the rest CNBC TV18 has emerged as the clear winner as far as the race for the leadership position for business channels coverage of the Union Budget is concerned. Despite its bevy of competitors, CNBC TV18 has managed to stay ahead and remain the head of the pack. ...  
04:34 PM, Mar 08, 2013

Key political risks to watch in India India's slowest economic growth in a decade could be even worse than anticipated, as preliminary data released in February showed the economy appears to have grown 5.0 per cent in the fiscal year that ends this month - lower than both the RBI and finance minister's forecasts - underscoring the urgent need for reforms to boost growth. ...  
12:15 PM, Mar 07, 2013

CAG report on farm loan waiver to be discussed in LS today The Lok Sabha is likely to discuss the CAG report on the farm loan waiver scheme on Thursday. On Wednesday, the House was adjourned after repeated ruckus by the Opposition. Prime Minister Manmohan Singh had promised stringent action against defaulters. ...  
10:34 AM, Mar 07, 2013

Anti-rape law: Sharp divide over proposed amendments to Bill After the brutal Delhi gangrape incident, the government faced pressure to come up with stringent anti-rape laws to curb sexual violence against women. The Justice JS Verma committee proposed certain amendments in the existing rape laws. The Home Ministry now has proposed a few changes in the ordinance. ...  
09:06 AM, Mar 07, 2013

White House rolls back its welcome carpet for tourists You are not welcome to tour the White House anymore! US President Barack Obama's administration announced on Tuesday that all public tours of the White House will be cancelled after Friday because of budget cuts hitting all areas of the federal government. The cancellation likely will disappoint thousands of tourists who had planned to take a tour while visiting Washington. ...  
05:14 PM, Mar 06, 2013

Rajesh Kumar

Life As It Is |

The best of political debates in Kerala, and perhaps India, happen not in television studios or our legislature, but in Karunan's barber shop and Kuttan's ...
01:45 PM, Mar 06, 2013

PM assures action if irregularities are found in farm loan waiver Prime Minister Manmohan Singh on Wednesday assured that action will be taken if irregularities are found in the farm loan waiver scheme. The Prime Minister's statement in the Rajya Sabha came after loud protests by the Opposition in the House. The Lok Sabha, too, witnessed a demand from the Opposition to discuss the CAG report on farm loan waiver scheme. ...  
12:38 PM, Mar 06, 2013

Rs 25,628 cr of UP budget unutilised, says CAG report The CAG report for the year ending March 31, 2012 tabled in the UP Assembly on Tuesday shows that Rs 25,628 crore of 34 departments remained unutilised. ...  
03:47 AM, Mar 06, 2013

China hikes defence budget, spends three times more than India China on Tuesday hiked its defence budget by a whopping 10.7 per cent to $ 115.7 billion, well above India's current defence spending of $ 37.4 billion, underlining Beijing's military ambitions amid territorial disputes with neighbours. The double-digit rise in defence budget for 2013-14 was announced by Premier Wen Jiabao at the Chinese Parliament, the National People's Congress (NPC), which opened its annual session on Tuesday morning which will also...  
12:37 PM, Mar 05, 2013

'Nothing can stop India from becoming 3rd largest economy' Finance Minister P Chidambaram answered questions about Budget 2013 using Google Hangout, a multi-person online video chat, on Monday. Chidambaram joined the camp of other personalities like Barack Obama to use Google Hangout to reach out to people. ...  
11:21 AM, Mar 05, 2013

Read transcript of Chidambaram's Google  Hangout Finance Minister P Chidambaram answered questions about Budget 2013 using Google Hangout, a multi-person online video chat, at 8:00 pm on Monday. Chidambaram joined the camp of other personalities like Barack Obama to use Google Hangout to reach out to people. ...  
10:15 AM, Mar 05, 2013

Watch: P Chidambaram in a Google  Hangout on Budget 2013 Union Finance Minister P Chidambaram joined a Google Hangout to field questions on Budget 2013-14. ...  
07:56 PM, Mar 04, 2013

China defends hefty defence budget as key to Asian stability China on Monday said that its defensive military policies played a "core role" in maintaining peace and stability in Asia, playing down speculation of a hefty rise in its defence spending amid standoff with Japan and others over disputed islands. ...  
04:51 PM, Mar 04, 2013

Moody's gives thumbs up to Budget 2013 India's 2013/14 budget unveiled last week offers a "realistic" plan to meet the country's fiscal deficit target, and should be a credit positive for its sovereign ratings, Moody's Investors Service said in a report on Monday. ...  
11:35 AM, Mar 04, 2013