Chief Economic Advisor V Anantha Nageswaran on Thursday said he expects that a solution to the tariff issues with the US is likely to be arrived in the next eight to ten weeks.
'I do believe there will be a resolution in the next couple of months on the penal tariff and hopefully on the reciprocal tariff also.'
State-owned mining giant, Coal India, is hoping to recover around 75-80 per cent of its liabilities from customers with whom it has long-term fuel supply agreements (FSAs) after the Supreme Court (SC) allowed states to recover dues retrospectively. A legal recourse, however, is underway. "We are impacted in two states - Jharkhand and Odisha.
The CPI-M leader was the chief minister of the state from 2000 to 2011.
He said in order to have a thriving democracy, one must have an independent judiciary because it is through dispute resolution that society is assured of governance by the rule of law.
It is equally essential to recognise the judiciary's role in the constitutional dialogue as it acts like a safety valve for fostering our democratic values, she said.
The banking sector in the country is stable, capital is available and credit offtake is poised to take off, he said at a webinar organised by Bharat Chamber of Commerce. "We are not unique to the phenomenon of uncertain growth and high inflation due to the pandemic.
RBI director S Gurumurthy the package of more than Rs 20 lakh crore announced by the central government can be described as an interim measure.
Industrialists were reportedly in two minds about attending Modi's address lest it should draw the ire of the Mamata Banerjee-led government
Economic growth in the second quarter will be lower than the 8.8 per cent expansion witnessed in the first quarter, Chief Economic Advisor Kaushik Basu said on Monday.
'The Arunachal border is not demarcated in that way, so there can be differing perceptions (between two sides)'
According to him, the rural economy will play a critical role in the revival process.
The much-awaited introduction of value added tax regime from April one this year will be delayed by a few days because of some "unavoidable procedural tangles".
The value-added tax system proposed to be introduced from April 1, 2005 replacing the sales tax system, would be fine-tuned over time to free it from distortions, advisor to the finance ministry Parthasarathi Shome said on Monday.
He said that land, a state subject, was a big destination of black money while reform in political funding was also important
Birla was the chairman of Century Textiles and Industries and had been active in business since the age of 15. He was instrumental in a slew of business initiatives, starting with his stint as the chairman of Kesoram Industries.
Mamata woos industry with boat ride to Gangasagar, Sundarbans
Narendra Modi, says T V R Shenoy, is 'busy trying to woo back two constituencies that were crucial when the BJP won power in the elections of 1998 and of 1999, namely UP (and the Hindi belt in general) and educated youth.'
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