Patra, as executive director of the central bank, was the principal advisor to the Monetary Policy Department since July 2012.
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.
Technical Experts Committee comprising Dr C D Thatte, ex-chairman, Central Water Commission and Dr MS Reddy, ex-chairman, CWC set up by the Planning Commission for comprehensive review of Subansiri Lower Project submitted its report to Planning Commission.
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a five-year-long reform-based result-linked power distribution scheme worth Rs 3.03 lakh crore, for strengthening system of utilities to improve efficiency. Briefing after the CCEA meet here, Power and New & Renewable Energy Minister R K Singh said, "We have done a lot for power distribution reforms. It needs to be strengthened. Today, the Cabinet has approved the new scheme worth Rs 3.03 lakh crore, including Rs 97,000 crore central outlay." He said the funds would be given to power distribution companies (discoms) to strengthen their system.
Indian comic book character Chacha Chaudhary has been declared as the mascot of the government's Namami Gange Programme with an aim of bringing behavioural change among children towards the Ganga and other rivers.
'This is probably why the late General Bipin Rawat, who hails from the Garhwal Himalaya, said that the existing roads are fine with the army.'
So far, CBI's investigations into the coal scam are highly superficial and limited to small fishes. It is unlikely to go deeper in the political connections, a source tells rediff.com
Indian Railways is in talks with Reliance Jio Infocomm to allow the Mukesh Ambani-led telecom major's use of its towers. The aim is seamless mobile and internet connectivity for passengers along the 67,368-km of tracks. The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio. The Jio tie-up is expected to bring down its telecom bill by at least 35 per cent from this financial year.
The decision wasn't surprising as almost all the senior players in unison, had made it clear that the contracts offered by the Sri Lanka Cricket wasn't to their liking
The bill also makes it mandatory for the Delhi government to take the opinion of the L-G before any executive action.
The outgoing Obama Administration has hit out at China for blocking India's entry into the elite NSG by describing the communist giant an "outlier".
'The military officers at China's National People's Congress reflect Xi Jinping's preference for elevating politically reliable, younger, officers with good professional qualifications,' says former RAW officer and China expert Jayadeva Ranade.
'If the Congress wants to keep the ship afloat, it will have to bury the differences.'
Currently, the reserve forces are under the dual leadership of military organs and local Communist Party committees and they would be brought under the control of the ruling party and the CMC from July 1, the state-run Xinhua news agency reported.
The data was not available for a couple of days and it created panic in the public, mostly among the people excluded from the list as the rejection certificates were yet to be issued.
"We understand Tamil Nadu's difficulty of not getting water. We will resolve the issue," the bench said.
'Normally, the system is geared towards counting notes -- it is equipped to do x amount of work and one day you are asking them to do 20 x.' 'The processes involved are very complex.'
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.
The Tejas Mark 1A outperforms the Sino-Pakistan JF-17 Thunder in avionics and weaponry, but the finance ministry's tax burden makes the Indian LCA costlier and hurts it in the export market.
The most common complaint of financial consumers is cumbersome processes, complicated products, usurious charges, and mis-selling of products, which finally don't deliver what is promised or as expect, notes Debashis Basu.
Responding to another question, Choubey said that the phase-I of clinical trials have revealed excellent safety of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd, and now their immunogenicity testing is in progress. Their phase II clinical trials are ongoing.
The meeting of Central Board of Trustees is likely to be stormy on Thursday with both right and left wing trade unions making up plans to demand at least 9.5 per cent EPF rate
The Congress picked Charanjit Singh Channi as the next chief minister of Punjab, making him the first Dailt to hold the post in the state, a day after Amarinder Singh resigned following a bitter power tussle in the party.
'Bring Mossad and KGB too. There is nothing to hide. We are not opposing the CBI. When the Mumbai Police is already on the job, what will the CBI do?'
'The people who were assigned the role to look after the affairs of the Congress in Maharashtra have failed.'
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
China, a veto-wielding member of the United Nations Security Council and a close ally of Pakistan, has repeatedly foiled India's bid to list Azhar as a global terrorist, saying there is no consensus in the top organ of the world body on this issue.
The Supreme Court and its committees, the two states and the central government must become objective and take the present and not just the past in mind.
The Union health ministry on Tuesday said that aid received from other countries has been distributed in different states to help deal with the rising number of COVID-19 cases.
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
'Trust your new governor,' Omkar Goswami advises RBI Deputy Governor Viral Acharya. 'Just because he is from the IAS and doesn't carry a PhD from a US university does not make him unsuitable for the task.' 'If anything, Das will pour oil on troubled waters, and save the RBI's reputation.'
'Government intervention in agricultural trade is a problem for farmers.'
The Covid pandemic has left a question mark on how the central government manages its staff.
'If the RBI board forces the management's hand on all the key issues, it should be prepared for resignations by the governor and the key deputy governor, Viral Acharya,' warns T N Ninan.
Indian elections are won and lost on 'negative' imageries and campaigns - but not certainly on 'negativity' as a political trait and electoral creed, asserts N Sathiya Moorthy.
Do India's laws governing the Internet need revolutionary change, asks Ajit Balakrishnan.
The UIDAI, set up in 2009, will manage the generation and authentication of Aadhaar numbers.
Balance is needed in selecting members for the proposed monetary policy committee, says Abheek Barua.
Chinese astronauts Jing Haipeng, 50, and Chen Dong, 37, were blasted off into space by Shenzhou-11 (heavenly vessel) spacecraft.
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