What the new defence minister does with the Rafale fighter jet deal will decide if India wants to build genuine, long-term defence capability through an indigenous product that slashes life-cycle......
'The armed forces have been given clear indication that they have to give priority to Make in India and indigenisation and dependence on foreign source should be reduced.' 'Almost Rs 90,000 crores......
President Pratibha Patil on Monday addressed Parliament for the last time as President when she flagged off the Budget session. Here's the text of her speechHonourable Members I welcome you to this......
Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......
India's economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in......
Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures. Illustration: Dominic Xavier/Rediff.com Fundraising via IPOs in India hit......
The Union Finance Minister Pranab Mukherjee, while presenting the Union Budget 2012-13, announced introduction of amendments to the Fiscal Responsibility and Budget Management Act, 2003. The two......
Like 2017-18, govt will seek comments from the public at large, including Facebook and Twitter Illustration: Uttam Ghosh/Rediff.com The finance ministry on Wednesday issued an official circular to......
The outgo towards salary will further rise in 2017-18 to over Rs 1.28 lakh crore. Central government's salary expenditure will exceed Rs 1 lakh crore in the current fiscal and is projected to......