Onions had the highest inflation rate among all major commodities.
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
Apart from Smriti, Ravi Shankar Prasad and Ananth Kumar took over as law and parliamentary affairs ministers respectively.
The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.
The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.
Virtual currencies don't have any intrinsic value and are not backed by any kind of assets.
Deputy CM Manish Sisodia says it's the 'biggest failure of our system'.
Bengal Finance Minister Amit Mitra expressed confidence in GST.
The government will announce minimum support prices for kharif.
North Block and Mint Road seem likely to now stick to the earlier convention of the RBI governor coming to Delhi and being the only MPC member meeting the finance minister and senior bureaucrats on pre-policy meetings
Liquor shops reopened across the country in the non-containment zones after 40 days from Monday with people queuing up in large numbers, giving social distancing norms a toss at some places.
India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.
Chary also says some government officials have played an important role in favouring organisations that MCX competes with.
'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'
A cut in rates would have encouraged the banks to lend aggressively on the retail front.
"Fish is a good source of protein and it can overcome malnutrition in areas where fish is available in abundance," she said.
Punishing brand ambassadors shows that the government is only interested in going after the low hanging fruit, says Tanmaya Nanda.
Eggs will not be part of the meals served at anganwadi centres in Madhya Pradesh with Chief Minister Shivraj Singh Chouhan, a vegetarian himself, rejecting a proposal in this regard.
'I am hopeful that you will see more focused attention on this relationship,' former US assistant secretary of state Nisha Desai Biswal tells Alokananda Chakraborty.
The RBI expects the assessment to show if the systemic failure was only in PNB or in the overall banking universe
Here is some background on the candidates seen as potential successors to Rajan at the RBI
Benchmark indices finished higher on hopes of economic reforms
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
In view of Prime Minister Narendra Modi observing the Navratri fast during his United States visit, the White House on Wednesday said this is unlikely to be an issue as they respectfully accommodate the practices of visitors.
Pompeo will travel to India, Sri Lanka, Japan and South Korea from June 24 to 30. His four-nation is aimed at deepening US partnerships in the strategic Indo-Pacific region.
More than 1,400 people have signed an e-petition on the UK government website calling to 'Reverse Mango Import Ban.'
The 2016 flagship from LG is no pushover and can give the Galaxy S7 handsets a tough fight, says Himanshu Juneja
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
The country had imported 5.5 million tonnes of pulses last year.
As Chinese gadget-maker Xiaomi, the world's third largest smartphone seller after Apple and Samsung, turns five today, it will seek to intensify its India push. But there are miles to go before it can claim true success in India, as a harrowing experience of one of its smartphone users suggests.
The report said South Asia is expected to be the fastest-growing region.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
Amidst Finance Ministry raising prospects of forcing Reliance Industries to sell gas at old price of $4.2, Oil Minister M Veerapa Moily on Thursday said there was no rethinking in the government on the decision to double gas rates from April 1, 2014.
So, how does Pompeo's check list look like? In a broad sense, he is coming here 'to make sure that we have economic openness'; to ensure that 'we have to deliver'; to understand that 'we have to execute' what we promised to do; and, to 'broach some tough topics', points out Ambassador M K Bhadrakumar.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
Nalin Kohli, who is in-charge of the party's affairs in Meghalaya, said the state governments can decide on cow slaughter ban keeping in view the local food habits.
Economic Affairs secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.
More lucrative routinely prescribed drugs are at higher risk of failing quality standards
Ashish Narsale asks if you will be able to hold this bezel-less flagship phone on the road or juggle it in a train, like you do with other phones, or share memory-heavy 4k videos?
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