The government also announced creation of a special open forum on the website mygov.nic.in for suggestions on the new institution.
According to sources, Finance Ministry favours a meagre hike of around 6 per cent in the Plan expenditure for next fiscal over budget estimate of the current financial year.
The Reserve Bank of India is slated to announce its monetary policy review on January 29, amid industry demand for lowering of interest rates to spur growth.
'Our vision for the future includes the creation of an active ecosystem, human space flight, a human space station.'
The CCI has asked the companies to explain within 30 days why an investigation should not be ordered.
In addition, the government also plans to float power bonds -- Vidyut Vikas Patra to mobilise Rs 50,000 crore (Rs 500 billion) to finance various projects in the sector under the Eleventh Plan period. The VKP to be floated on the lines of the Kisan Vikas Patra will have a lock-in period of five years.
The mutual fund industry's QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25). The equity segment grew 55 per cent Y-o-Y and equity formed 56 per cent of total AUM, up 49 per cent in Q1FY24. Sequentially, AUM grew by Rs 5 trillion.
Observing that working conditions have made doctors and health professionals susceptible to violence, the Supreme Court on Tuesday constituted a 10-member task force to formulate a national protocol for ensuring safety and facilities for them in the wake of the rape and murder of a medic in Kolkata.
In a relief for foreign firms giving loans to Indian subsidiaries, tax authorities have said goods and services tax (GST) will not be imposed on them, subject to some caveats. Additional fees, commissions, or related payments - over and above the amount charged as interest - on these loans will attract GST at 18 per cent, the Central Board of Indirect Taxes and Customs (CBIC) has said.
Govt is likely to find it hard to meet deficit target next year.
An order was issued to terminate 223 contractual employees of the Delhi Commission of Women after Lieutenant Governor V K Saxena gave his nod to a proposal on it, officials said on Thursday.
He also said that the BJP's defeat in Faizabad seat of Ayodhya, where the Ram temple has been built, shows the wisdom of voters.
Delhi's 24-hour average air quality index (AQI) stood at 248 on Saturday.
"Indian travellers would be aware of recent disturbances in some parts of the United Kingdom. The High Commission of India in London is closely monitoring the situation," reads the message entitled 'Advisory for Indian Citizens Visiting the UK.'
Assessment note says panel acts as control commission, especially in fund allocations to states.
The newest entrant to the Rs 46-trillion mutual fund (MF) space - Zerodha - plans to focus strictly on the low-cost passive segment and offer its products solely through the commission-free digital route, as it aims to replicate its broking success in the MF space. "We will offer an array of exchange-traded funds (ETFs) and index funds that would help investors take varied exposures and build portfolios based on their financial needs and risk tolerance. "Zerodha Fund House (FH) products will be exclusively distributed online and available as direct plans to engage directly with individual investors and consumers, taking advantage of the pronounced shift from physical to digital interactions," said Vishal Jain, chief executive officer, Zerodha FH.
For Yoginder, it is a release from pain. But for us, his friends, it is the loss of a warm and generous life companion, says Nitin Desai of his 50-year association with the eminent economist who passed into the ages on December 6, 2022.
'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'
New body to replace Plan panel might retain 40% of existing staff
'Today we know of many X, Y, and Z persons as urban Naxals but can we call these people as such?' 'No, we cannot because we don't have a legal framework for doing that.'
The Navy Chief issued directions to make INS Brahmaputra seaworthy and combat ready.
Banerjee expressed skepticism about the BJP's ambitious target of achieving 400 seats in the Lok Sabha elections.
According to the Approach Paper to the 12th Plan, the Commission has pegged a plan expenditure of Rs 5.83 lakh crore (Rs 5.83 trillion) for 2013-14, which is around 12 per cent more than the budgeted plan expenditure for the current fiscal.
Eleven states and Union territories -- Bihar, Uttar Pradesh, Delhi, Maharashtra, Uttarakhand, Telangana, Gujarat, Punjab, Rajasthan, Jammu and Kashmir and Jharkhand -- had a voter turnout lower than the national average of 67.40 percent in the 2019 Lok Sabha polls.
Political parties and leaders wait with bated breath for the Haryana and Jammu-Kashmir assembly poll results on Tuesday.
The Competition Commission of India (CCI) has flagged possible anti-competitive concerns with respect to the proposed USD 8.5-billion Viacom18-Star India merger and has sought detailed responses from the parties concerned, sources said.
Planning has not lost relevance in India, but the Planning Commission has to reinvent itself.
Even as the flagship National Rural Employment Guarantee Act scheme continues to face problems at the implementation level, Rural Development Minister Raghuvansh Prasad Singh, ignoring suggestions by Planning Commission Deputy Chairperson Montek Singh Ahluwalia and other economists, has refused to bring any major change in the scheme.
Launching a strong campaign over Prime Minister Narendra Modi's remarks against its manifesto, the Congress said on Monday that party chief Mallikarjun Kharge has sought an appointment with Narendra Modi to "educate him" about its poll promise document.
The Aayog has been mandated to serve as a policy think-tank for the central as well as state governments
The Planning Commission is interacting with grassroot-level health workers to invite specific suggestions and incorporate the same in policies to tackle malnutrition in India.
Delvin's post-mortem was conducted on Monday and his body handed over to his family. His uncle will take the body to his village in Thiruvananthapuram.
It may be recalled that recently differences flared up between the Planning Commission and the road transport ministry after the latter's minister Kamal Nath questioned the quality of reports produced by the Plan panel.
The commission in its recent assessment of the economy also expects economic growth to go up to nine per cent in 2011-12, and further to 10 per cent in 2014-15.
Khedkar allegedly misrepresented information in her application for the UPSC Civil Services Examination, 2022 to get reservation benefits.
Departing from convention, the Planning Commission has sent the draft Approach Paper of the 11th Five Year Plan to Prime Minister Manmohan Singh first for approval.
In July, the Planning Commission said that the number of people living below poverty line has come down both in rural as well as urban areas.
Besides Parikh, Singh sent letters of appreciation to V L Chopra, B Mungekar and Anwarul Hoda indicating that they may not find a place in the reconstituted body.
Adani group saw a 55 per cent profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a $90 billion capex over the next decade. Emerging from a damning report of a US short seller, which hit market value of its listed companies, Adani group in 2023-24 (April 2023 to March 2024) fiscal focused on containing debt, reducing founder share pledge and consolidating business in core competencies.
When asked about the Uniform Civil Code, Gandhi said he would comment on it only after he knows what is BJP's proposal.
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