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E-petition demands 2nd term for Raghuram Rajan

RBI governor Raghuram Rajan delivers 27th Harekrushna Mahtab memorial lecture " The Global Economy and India". (Photo: PTI)

BJP MP Subramanian Swamy’s ranting against RBI governor Raghuram Rajan is now being countered in cyberspace.

Jolt to Make-in-India in automobile sector

Dealing a severe blow to Prime Minister Narendra Modi’s “Make in India” programme in the automobile sector, German luxury car maker Mercedes-Benz said on Wednesday that it has put on hold investments

Amnesty scheme for black money to start in June

The Centre on Saturday announced that its amnesty scheme for declaring domestic black money would start from June 1.

From 2017, capital gains tax on Mauritius funds

In a major step to prevent tax avoidance and “treaty shopping” by investors, India will start imposing capital gains taxes on investments coming from Mauritius starting next year.

All cigarette factories to shut in protest, lose Rs 350 crore a day

Upping the ante, all major Indian cigarette manufacturers, including ITC, Godfrey Philips and VST, in a drastic step, decided to shut down their factories from Friday over the controversial issue of p

Warnings will direly affect livelihood: TII

The Tobacco Institute of India claimed that the “extreme” 85 per cent warnings on cigarette packets will “promote illegal cigarette trade and  adversely affect the livelihood of 45.7 million people wh

Nod to 100 per cent FDI in e-commerce

In a big boost to Flipkart, Snapdeal, Amazon and Paytm, the Modi government on Tuesday allowed 100 per cent FDI through automatic route in the marketplace format of e-commerce retailing.

6 telecom companies lied about income, says CAG

Comptroller and Auditor General of India (CAG) on Friday said that six private telecom companies — Bharti Airtel, Vodafone, Idea, Reliance Communications, Tata Teleservices, and Aircel — have underst

Arun Jaitley rolls back move to tax EPF

Finance minister Arun Jaitley during the Budget Session at Parliament in New Delhi Tuesday. (Photo: PTI)

Under pressure and facing severe criticism, finance minister Arun Jaitley on Tuesday announced a rollback of the proposal in the Union Budget to tax Employees’ Provident Fund (EPF) withdrawals.

When he became Prime Minister, Jawaharl-al Nehru famously said that his aspiration for India was to build “a just society by just means”.

On the first anniversary of the NDA government, I had written a piece underscoring the budding scepticism of the people with the BJP-led government.