Rajan strongly defends RBI's decision to hold the key rates in the absence of any new data points.
Existing units stay operational; those approved may not be notified, land could be used for other purposes
The Modi government's array of economic policy has been impressive.
"It is a reflection of the bipartisan support in the US to the relationship with India. It is also a reflection of the value people attach to this relationship," Singh said.
Firms are still barred from holding board positions in the special purpose vehicle that will develop the airport.
The French government has rejected Indian negotiators' demand for a 50 per cent offset clause citing sharp cost escalation but offered to participate in 'Make in India' projects to carry forward the talks for 36 Rafale fighter jets that have hit turbulence.
A government can't just take away public money, and the RBI can't extinguish its liability. 'The RBI has to honour the value any time a person with legal and taxed money lays claim on the value.'
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
RBI Governor Raghuram Rajan has said falling oil prices act as a cushion for CAD, adding it is time India does away with restrictions on gold imports
The Sochi Winter Olympics are meant to be Vladimir Putin's crowning achievement as Russian leader but are in danger of becoming a symbol of his country's problems.
The approval was announced by Environment Minister Greg Hunt, who said "after undertaking a thorough assessment and consideration under national environment law, I have approved the Carmichael Coal Mine and Rail Infrastructure project, subject to 36 strict conditions".
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
The government has provided a long-term vision.
The Centre has accorded top priority for cost-effective, pollution-free transportation modes, such as waterways, which reduce logistic costs and increase road safety. Union minister of roads, highways, ports and shipping Nitin Gadkari speaks to Sanjay Jog about the government's strategy.
Monsanto has taken the government to court over the royalty.
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story
If a holiday, banks will have to report the details on the next working day.
The minister tells Subhomoy Bhattacharjee that he wants to set up a financing corporation for the road and shipping sectors, which will throw up a business opportunity of Rs 25 lakh crore!
The 89-year-old leader was expelled by the CPI-M after he refused to step down from his position as Speaker holding that the post is above any party politics.
"They support terror operations in India with terrorist organisations. They support the Haqqani network and the Taliban in conducting operations against the United States and NATO and Afghanistan. They've got blood all over their hands with the casualties," General (Retd) Jack Keane said.
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
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Prime Minister Narendra Modi, on his first trip to New York as leader of the world's most populous democracy, will draw perhaps the largest crowd ever by a foreign leader on US soil when he takes the stage on Sunday in Madison Square Garden before a crowd forecast to total more than 18,000 people.
Experts are betting big on the clause that talks of capital gains.
Chinese observers believe the Sino-US relationship will be impacted by issues in North Korea, Japan, India, Ukraine and Iran and that conflicts with these 'third parties' will without exception ultimately become conflicts between China and the US, points out former RA&W officer Jayadeva Ranade.
Following up on Finance Minister Arun Jaitley's Budget announcement of creating an integrated oil company, India's biggest oil and gas producer ONGC may buy all of the government's 51.11 per cent stake in Hindustan Petroleum Corporation Ltd.
'Some of the policies NITI Aayog has taken, we feel lean towards the corporates.' 'In a democracy, when you are making a policy decision, you are expected to take the views of all the stakeholders.'
The final guidelines should be there in 3-4 months.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
Lawmakers were not going to be in town on that particular day, and would be in their constituencies preparing for the mid-term elections in November. Rediff.com's Aziz Haniffa reports
'Let us hope that with Nandan, like Cincinnatus back on his farm, taking over the reins, Infosys will not only regain its vigour and momentum, but vastly improve upon its achievements as a global player,' says B S Raghavan, the distinguished civil servant.
United States Secretary of State John Kerry, heading a high-powered delegation of his cabinet colleagues and top military commanders, today left for India as part of his 10-day seven nation Asia trip.
Reflecting the strong bipartisan support to the India-US relationship, the lawmakers welcomed the decision of the House Speaker Paul Ryan to invite Modi to address the joint meeting.
Prime Minister Narendra Modi's address to a joint meeting of the United States Congress will be an opportunity to energise efforts to improve bilateral ties, top American lawmakers from across the political divide have said.
Several members of Congress are confirmed to be in attendance for the Prime Minister's address to a diverse crowd of 18,500 people.
It is possible that the final Budget architecture may be at variance with the comments.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
The party's research department is quietly collecting data, facts and figures to puncture the Modi government's claims on the note ban, the goods and services tax, and the economic growth.
The recovery was led by pharma majors led by Dr Reddy's Labs.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
