The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
For next fiscal, the minority stake sale target has been kept at Rs 36,000 crore.
India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.
Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness.
Govt bosses in no hurry to exit from PSUs; many agencies, long process likely hurdles.
Though the developments are positive, analysts say the benefits will accrue only in the long run
The 58-year-old Rajya Sabha MP will face several challenges, including strengthening of the combat capabilities of the army, navy and the air force due to changing regional security matrix and geo-political dynamics.
'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.
RIL has more than half a dozen undeveloped discoveries.
Taking the supporters of Telangana supporters by surprise the Union government has given its nod to the ambitious Information Technology Investment Region proposal for Hyderabad which envisions an investment of Rs 2.19 lakh crore in and around the city over the next 25 years.
UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season
Chidambaram and his son Karti Chidambaram were named in the chargesheet filed by the CBI in the case on July 19.
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
Calling COVID-19 pandemic and vaccines as one of the most important aspects of his discussions with top officials of the Biden administration, External Affairs Minister S Jaishankar has said the endeavour is to expand production of vaccines in India with assistance from the US.
The agency recorded his statement under the Prevention of Money Laundering Act with some specific queries on the circumstances and procedures adopted by the now-defunct Foreign Investment Promotion Board while giving approval to the Aircel-Maxis deal during his tenure.
This is the second time the former finance minister has got relief from arrest.
Benchmark indices finished higher on hopes of economic reforms
Doubts over implementation of a Cabinet-approved strategic sale policy are puzzling.
The Department of Industrial Policy and Promotion in its draft Cabinet has proposed to further tighten the rules for foreign direct investment in brownfield pharmaceutical sector.
Against the backdrop of objections by some MPs, Civil Aviation Minister Ajit Singh on Tuesday strongly defended the Rs 2,058 crore (Rs 20.58 billion) Jet-Etihad deal, saying those opposing it were "long on politics and short on facts".
The father-son duo are in the radar of the probe agencies in another case concerning the Aircel-Maxis deal.
The appointments committee of the Cabinet headed by Prime Minister Narendra Modi cleared Bhalla's appointment as OSD in the ministry with immediate effect.
The panel is expected to suggest various relief measures to put economy back on track as soon as possible, the sources said.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
Chidambaram was competent to give approval of upto Rs 600 crore but he gave the approval which was worth approximately Rs 3,500 crore
The bullet train is expected to cover 508 km between Mumbai and Ahmedabad in about two hours.
Paving way for closure of long-pending Jet-Etihad deal, fair trade regulator CCI on Tuesday approved the proposed acquisition of 24 per cent stake in the Naresh Goyal-led Indian carrier by Abu Dhabi-based airline.
Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.
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The five discoveries -- D4, D7, D8, D16 and D23 - hold 0.805 trillion cubic feet of reserves, or about one-fourth of the restated reserves in the currently producing Dhirubhai-1 and 3 (D1&D3) fields in KG-D6 block, and are worth $10 billion.
Shringla, a 1984 batch officer of the Indian Foreign Service, is considered an expert on India's neighbourhood and is currently serving as envoy to the US.
Govt depts, banks prone to information leakage.
Rishi Sunak, the former UK chancellor of the exchequer, on Friday formally launched his leadership bid to succeed Boris Johnson as the new Conservative Party leader and future British prime minister.
The Covid pandemic has left a question mark on how the central government manages its staff.
The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.
The Railway Budget will be presented on February 25 while the Union Budget will be presented on February 29.
National security, consolidation of border defences and border security highlights China's Tibet policy, points out Jayadeva Ranade, the former senior RA&W officer and China expert.
When big offers hit the market, broader indices corrected 2-4%
The government says MPs will be busy campaigning in Gujarat. The Opposition counters this, saying campaigning for elections in 5 states was held in the midst of the Budget session earlier this year.
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