Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
Experts said the rate hike would improve working capital position of the manufactures as it would correct the inverted duty structure but may lead to increase in price of the finished goods.
Finance Minister Pranab Mukherjee on Wednesday said the proposed Direct Taxes Code would give an edge to the country while dealing with international taxation issues.
Producers and consumers showed a rare harmony when they at the end of two-day International Energy Forum in Cancun made stability in oil prices their common goal.
RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.
Blinken and Indian leaders on Wednesday will discuss a plethora of pressing issues such as the fluid situation in Afghanistan, regional security concerns, COVID-19 response and ways to boost Indo-Pacific engagement, people familiar with the agenda of talks said.
Is the Budget sufficiently prudent? It probably is but at the cost of substantial under-provisioning for the many grand sounding schemes announced in it, says Nitin Desai.
Weighed down by a weak rupee, the Reserve Bank on Tuesday chose to keep all key interest rates unchanged and asked the government to take urgent steps to reign in the high current account deficit.
RBI Governor cautioned against more volatility.
The report said efforts to stabilise the economy through monetary policy interventions need to be complemented by appropriate fiscal policy measures.
BJP's total silence on Delhi statehood is intriguing.
The Union Cabinet on Wednesday approved revision in guidelines for providing direct to home (DTH) services in the country under which licenses would be issued for 20 years, Union minister Prakash Javadekar said. The Union Cabinet has also approved 100 per cent FDI in the DTH broadcasting services sector, Javadekar said, adding that while the commerce ministry had spoken of 100 per cent FDI in the DTH sector, the guidelines of the information and broadcasting ministry needed to be changed.
Alibaba's pervasive economic and social influence in China is seen as a threat to the authority of the Chinese Communist party, notes Shyam Saran.
Fact that RIL will get the much required support from another segment like shale gas is a big positive for the stock.
While the situation Sitharaman finds herself in may not be that good, how does it stack up against her three immediate predecessors Pranab Mukherjee, P Chidambaram and the late Arun Jaitley?
Opt for the top-spec trims, you get four additional airbags, Hill Start Assist and Vehicle Stability Management as well.
Congress President Sonia Gandhi held consultations with party leaders as the 72-hour deadline set by Trinamool Congress for rollback of diesel price hike, LPG subsidy cap and FDI in retail ended on Monday amid indications a worst case situation could be a pull out of union ministers by the key ally.
Food prices, which have contributed to a large part of inflation over recent years, have remained benign, despite unseasonal rain.
'We are hoping by March, the government allows us to export and give it to the private market.'
Chief Economic Advisor Arvind Subramanian said the government has "enough ammunition" to deal with volatility in the currency market.
We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.
The new Elantra is 40 mm longer and 25 mm wider than the outgoing model
There is growing acceptance of the idea in the international community that engaging the Taliban government is a far better approach than ostracising it, observes Ambassador M K Bhadrakumar.
Determination of rates will no longer be an exercise behind veils where the Railways and the users could only peep covertly at what was happening on the other side.
In a surprise move, the Reserve Bank on Wednesday left the repo rate unchanged at 7.75 per cent, while the cash reserve ratio too is retained at 4 per cent.
The stock markets, which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.
The holy grail of all motorcycles, the M V Agusta Turismo Veloce 800, finds its way to India.
The Reserve Bank on Thursday said Indian companies may find it difficult to repay loans as rising input cost is putting pressure on their profit margins.
