The government plans to borrow Rs 4.17 lakh crore (Rs 4.17 trillion) from the market. Last year it had borrowed Rs 4.47 lakh crore (Rs 4.47 trillion).
While India's defensive concerns on special products are broadly taken on the board in the latest revised draft text on Doha agricultural modalities issued last Thursday, its demands in regard to the use of special safeguard mechanism remain to be adequately addressed, trade negotiators said.
'We will resist it.' 'Farmers will not let that happen.'
The Agricultural Produce Marketing Committee law allows mandis to remain in the grip of a middlemen cartel, with clear links to politicians who run the governments.
Following a go-ahead from the Court, the two entities have put in place a mechanism to auction these properties.
Here are the key decisions announced by the Reserve Bank of India on Thursday.
Procurement will be done through domestic purchases as well as imports.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
Sources said China was forcefully pushing for inking the deal during the RCEP summit later in the day, which was seen as an attempt to counter-balance the impact of its lingering trade war with the US as well as to project the region's economic might to the West.
Regardless of how the stalemate ends, the government needs to learn that regardless of its parliamentary strength it cannot take people for granted. A little bit of humility would do it a lot of good, recommends Virendra Kapoor.
Behind the movement are shock-workers functioning quietly to ensure that a seemingly spontaneous, apolitical, grassroots mobilisation sustains itself without dribbling into chaos or violence. Sai Manish lists some of them.
Younger party leaders are livid with the Murli Manohar Joshi-headed manifesto drafting committee for not taking their suggestions, reports Archis Mohan.
'We are very watchful about inflation and growth. But the main challenge is economic revival and growth.'
The BJP bagged 1,989 of the 4,371 panchayat samiti seats while the Congress won 1,852 with almost all results of the four-phase local government polls being declared.
Farm loan waivers should not be regarded as expenditure but as incentive and investment, argues B S Raghavan, the distinguished civil servant.
'It is because we treat them as our own people, and there is no difference between owners and workers here.'
A single market regulator clearly has its own advantages over multiple regulators. But it is more suitable for well-developed and mature markets which are smaller in size, like the UK.
While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.
At the reserve price, these auctions will take the total fund raising to at least Rs 3,100 crore (Rs 31 billion).
Though the government has been pushing for exports of high-value manufactured goods across major markets in place of raw materials and input goods, India's top exports to China remain in the raw materials category.
Not only primary vegetables, but also additives like garlic, ginger and chilly have recorded a sharp increase in prices
With this allocation of portfolios, the Sharad Pawar-led NCP has got most of the 'plum' ministries.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
Biksham Gujja contributed to major global initiatives such as the World Commission on Dams, World Water Commission and World Water Forum.
Adi Godrej, 75, will become chairman emeritus after leading the company for 17 years as Nisaba, currently executive director of the company, assumes the new role of executive chairperson at Godrej Consumer Products on May 10, 2017.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.
According to the Sebi circular, commodities that require price control measures will be less conducive for the derivatives market.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
Jaitley's Budget has the potential to change the face of Modi's Bharat
'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures; the attempt to game the system by showing lower non-performing assets,' notes Joydeep Ghosh.
According to Darjeeling Tea Association, in 1986 the Darjeeling logo was created and registered in the UK, the US, Japan, Canada and Egypt, and under the Madrid Agreement also covering Germany, Austria, Spain, France, Portugal, Italy, Switzerland and former Yugoslavia.
Onion has become costlier by over 33 per cent in the last one week and over 70 per cent in September so far, reports Dilip Kumar Jha.
13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to resort to populist tricks.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
Modi government is pushing GM food crops without adequate safety assessment and transparency, claim activists.
Sebi roped in HDFC Realty and SBI Cap after being asked by the Supreme Court to initiate the process of selling Sahara properties whose titles have been deposited with it by the group
It will be the first to go, in what has become an overcrowded segment since India first allowed futures trading in commodities in 2003.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
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