GST is intended to create a single market and boost commerce in India's $2 trillion economy
Clouding the inflation outlook is the recommendation of the 7th pay panel for an average 24 per cent pay hike for millions of its employees, which would lift demand-driven price pressures.
Trade ministers from 162 WTO countries will gather in Kenya's capital from Dec. 15-18 to work on an agreement to liberalise global trade.
RBI's tricky strategy to ease market's pre-Fed jitters.
India's overall retail inflation eased to 4.41 per cent in September, helped by falling commodity prices, but rural inflation was at 5.05 per cent
Encouragingly, the recovery also appears to be becoming broad-based
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
Although the RBI is not statutorily independent from the government, Rajan, like previous RBI Governors, has long valued his independence.
RBI Governor Raghuram Rajan is expected to express that cautiousness as he looks to manage expectations.
Raghuram Rajan remains focused on a long-term inflation target of 4 percent.
The government is aiming for an 8-10 per cent annual economic growth.
The rapid deceleration in prices has ignited a debate in New Delhi whether Asia's third-largest economy is heading towards deflation.
The new hire, Gangadhar Darbha, joined as a consultant
Many officials had been talking of taking the baton of global growth.
Fifteen months after taking power, Modi's credibility as an economic manager is on the line.
Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.
Local businesses are fretting over reform setbacks.
Opposition politicians on Wednesday stalled a last minute attempt by Prime Minister Narendra Modi's government to pass the Goods and Service Tax bill.
GST is the biggest revenue shake-up since independence
RBI takes steps to control inflation but the masses are not convinced.
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