India's main inflation measure, the Consumer Price Index (CPI), is set for another major update, even though it has been in its current form for only about 15 years.
Smriti Mandhana stroked a brilliant 41-ball 87 in the final against Delhi Capitals as RCB chased down a record 204 -- the highest successful chase in the history of WPL.
In absence of Pooja, RCB handed the responsibility of bowling to new recruits -- England left-arm spinner Linsey Smith, Arundhati Reddy and de Klerk as they managed to keep the opponents to 154-6.
RCB appoint Malolan Rangarajan as women's team head coach
Defending champions RCB bolstered their squad by securing Iyer, Jacob Duffy and Mangesh Yadav, among others during the auction held on December 16 in Abu Dhabi.
Krunal Pandya has been the nucleus behind RCB's excellent showing in the middle overs throughout the season.
RCB spin bowling coach Malolan Rangarajan has praised Virat Kohli's improved strike rate against spinners in the Indian Premier League (IPL).
A case was registered against Infosys co-founder Senapathy Kris Gopalakrishnan, former IISc Director Balaram and 16 others under the Prevention of SC/ST Atrocities Act. The case was filed based on the directions of the 71st city civil and session court (CCH). The complainant, Durgappa, who belongs to the tribal Bovi community, alleged that he was falsely implicated in a honey trap case and dismissed from service in 2014. He further claimed he was subjected to casteist abuse and threats.
Former Prime Minister Manmohan Singh was a brilliant economist with a visionary outlook on India's potential, combined with a fine sense of political feasibility, former RBI Governor Raghuram Rajan said on Friday. Singh, the architect of India's economic reforms, passed away here late on Thursday at the age of 92.
T Nanda Kumar, former food and agriculture secretary, shared his memories of working with former prime minister Manmohan Singh during some of India's most challenging times, highlighting Singh's compassionate leadership and commitment to ensuring food security for all Indians. Kumar recalled Singh's steadfast support during the 2008 global food crisis, where he championed a ban on non-basmati rice exports to secure domestic supplies. Singh's leadership, characterized by intellect and humility, left a lasting impression on Kumar, who considered him a mentor and guiding light.
State Bank of India (SBI), in a report on Friday, claimed a significant decline in the headline poverty ratio in rural areas on account of enhanced physical infrastructure, higher consumption growth in the bottom fractile and direct benefit transfers (DBTs).
Former Prime Minister Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund (IMF) Gita Gopinath said on Friday.
Chairman of the Economic Advisory Council to the Prime Minister (PMEAC) Chakravarthi Rangarajan has resigned following the defeat of the Congress-led UPA in the general elections.
RCB next takes on Gujarat Titans in Ahmedabad on Sunday before returning home against the same side on May 4.
On the impact of declining industrial production on economic growth, he said "the growth rate for the current fiscal will be between 5.5 per cent or 6 per cent. Perhaps 5.7 per cent is the likelihood".
The Reserve Bank of India has been actively doing OMOs or buyback of government bonds to manage liquidity in the system over the last few months.
C Rangarajan, former governor of Reserve Bank of India, was speaking on the topic `the growth path and some concernson the way' at a function at Federation of Gujarat Industries on Monday.
C Rangarajan, chairman of the economic advisory council to the prime minister, has called for revisiting subsidies, dividend distribution tax and tax exemptions.
With the dissolution of former chief statistician Pronab Sen-led Standing Committee on Statistics (SCoS) by the Ministry of Statistics and Programme Implementation (MoSPI), the National Statistical Commission (NSC) has regained prominence as the primary statistical body to address issues regarding results, methodology and questionnaire, among others. A MoSPI official in an email informed the 16-member SCoS about the decision to dissolve it, citing that its work was "overlapping" with that of the Steering Committee for National Sample Surveys (NSS), which was set up in June this year.
The Reserve Bank's decision to cut interest rates will stimulate investment and help in anchoring inflationary expectations, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan said.
The Prime Minister's EAC is expected to give its outlook on economy for the current fiscal in a week's time.
Rangarajan, 77, who will replace Suresh Tendulkar, gave his resignation to Rajya Sabha chairman Hamid Ansari, who has accepted it.
Banks should neither be timid nor adventurous while lending as the loans of today should not become NPAs of tomorrow, he said.
Rangarajan's reaction came after the release of the latest data, which showed headline inflation going up to 9.06 per cent in May from 8.66 per cent in April on the back of rising prices of manufactured products and petrol.
Rangarajan says there was no need to change the inflation comfort level from four-five per cent.
'So far as supervision is concerned, there are enough powers but to take action on public sector banks, consultation with the government is needed.'
On Tuesday, the partially convertible rupee, the worst performing currency among the major global economies, dropped as much as 3.1 percent to 68.12 per dollar.
The government should act quickly to raise diesel rates to bring them in line with global prices in order to reduce its subsidy bill, Prime Minister's Economic Advisory Council Chairman C Ranagarajan has said.
According to data released on Thursday, Wholesale Price Index-based inflation rose to seven per cent in October from 6.46 per cent in September.
On the present government's 'Make in India' campaign, C Rangarajan, former chairman of the Prime Minister's Economic Advisory Council, says it is important to first ask for whom it is being made.
He said the government would not go in for providing stimulus across the board and that only specific sectors would be considered for the measure.
The Reserve Bank in its first mid-quarter policy review on Monday kept the key interest rates unchanged because of elevated food inflation, rupee depreciation and uncertainty over foreign fund inflows.
Inflation can drop below 8 per cent if confluence of factors like fall in global crude oil followed by a good monsoon work, Prime Minister's Economic Advisory Council chairman C Rangarajan said.
Prime Minister's economic advisory panel chief C Rangarajan has described the dip in factory output in September as 'disappointing' and said industry may grow by just 6 per cent in the current fiscal, as against the earlier projection of 7 per cent.
He helped contain the policy of blindly financing large deficits by printing more money but this may not be enough to contain the current inflationary spiral.
Earlier in his address, he said with over 500 million bank accounts in the country, it is estimated that the Indian banking system produces over one billion transactions a day.
Rangarajan also called for improvement in the country's corporate-bond market saying that this will help even small companies to raise adequate funds.
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