The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased
The party plans elaborate year-long celebrations to commemorate his 125th birth anniversary next year. Kavita Chowdhury reports
Gas prices have fallen to $10 per million British thermal unit. But the fate of the power project, run by Ratnagiri Gas and Power Pvt Ltd, will hang in balance till the committee takes a decision on gas pooling, reduction in certain taxes and providing per unit subsidy.
According to the final recommendations of an expert committee, the weight of primary (unprocessed) food items will go down by 0.5-1.0 percentage points in the new series compared to the current one
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
In many cases, all that is required is a final letter from the ministry
'The AMs are a different beast and reflect the political play within the government.' 'Prime Minister Modi does not need to assuage any interest group to take the final call on any decision that belongs rightfully to the Cabinet,' points out Subhomoy Bhattacharjee.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
Iivo Niskanen put on a brilliant display of cross-country skiing to win gold for Finland at the Beijing Games
Hindalco has already bagged 4 mines in Jharkhand and Chhattisgarh
The ICICI board, which consists 12 members, is divided on whether Kochhar should be on leave during the internal enquiry
Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.
Hundreds of Jokatte villagers adjacent to MRPL refinery near Mangalore have complained of air, noise, water pollution from plant.
The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.
The return of Indian Readership Survey numbers has met with a silent response.
There is no substitute for hard work. I think the smartest people in life don't get ahead. It's the hard working people who do, says Rishad.
Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain
Perhaps the way forward could be the introduction of uniform rating standards - on the lines of accounting standards for the accounting profession - with a separate regulating authority for enforcing those standards, says Sudipto Dey.
A Delhi University alumnus with an MBA in finance and a doctorate, Vaish started his career as a banker in 1984, became an academician a few years later and joined the capital market in 1998.
Govt resists pay panel suggestion on scrapping allowances for acting, bad climate, family planning, funeral, robe maintenance and even hair cutting.
RBI Governor Raghuram Rajan is regarded as credible by global financiers.
DIPP had proposed 100% FDI in Railways, which it had to now scale down to 74% in certain areas
Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process.
Experts are betting big on the clause that talks of capital gains.
Consensus building is likely to be the biggest casualty.
A survey conducted by Business Standard reveals that a majority of the country's states are still firmly against the move, while a few are open to considering only conditionally.
Fadnavis rules out holding special session of legislature and instead assures of relief measures, says Sanjay Jog
IMF projected India's economic growth at 4.25% in 2013-14.
14-year-old Vinisha Umashankar has been creating a buzz with her solar-powered ironing cart. The youngest finalist of the Duke of Cambridge's The Earthshot Prize 2021, she is a shining example of why one is never too young to help the environment.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
The commission asks for notification to be deferred; RIL's KG-D6 pricing issue may return to Cabinet
In the third of a six-part series, Business Standard travels through diamond and textile units in Surat to assess the impact of demonetisation.
As part of its infrastructure development, the state may ask the Japanese government to develop infrastructure with a view to utilise Japan's public funds.
While they have restructured loans, there is still question mark over the success of such a work-out
If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.
RBI declines to accede to plea, upheld by Padmanabhan panel, for priority sector tag; feels move would dilute claims of those needing it more.
Vegetables account for 5.44 per cent of the Consumer Price Index.
UAE's promise of $50-bn investment in Indian infra won't be included.
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