Finance Minister Nirmala Sitharaman previously served as India's first full-time woman defence minister. Amid constant rumours of being shunted out, she presented her third Budget this week.
RBI Governor Shaktikanta Das says the MPC is of the view that it is important to revive growth on a durable basis while ensuring inflation remains within the targeted levels.
If govt puts its weight behind privatisation and does not allow unions, bureaucracy or opposition to derail its plan, this will be a game-changing Budget.
Finance Secretary A.B. Pandey says the cut on customs duty shrinks the price difference of gold in the international and the domestic market, and helps enforce a simple and compliant regime.
The hospitals, to be set up through new PM health fund, will be stationed in Delhi & Chennai and moved during disasters or disease outbreaks to buttress India's health infrastructure.
Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management, says the government's exit from many sectors will help it to neutrally administer its policy-making role.
It could mark the turning point for Sitharaman to be taken more seriously, after all the negative criticism she has faced as defence and finance minister.
T.V. Somanathan, expenditure secretary in finance ministry, says there's nothing hidden in Budget; it accounts for all spending by govt departments in 2021-22.
Mamdani’s politics feels unusual compared to India’s current climate. He unapologetically foregrounds Muslim identity at a time when doing so in India invites scrutiny.
While the move could free up grid capacity struggling to keep up with rapid renewable rollout, it would be a major setback for green ambitions. India aims to double clean power capacity to 500 gigawatts by the end of the decade.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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