Reservations expressed by the Reserve Bank of India (RBI) notwithstanding, North Block, the finance ministry headquarters, is going ahead with its plans to set up a full-fledged Debt Management Office (DMO) to manage the government debt.
In what was perhaps the most critical meeting before full-scale war broke out, Shastri defined India's immediate war objectives to his defence minister, army, and air force chiefs: 'To defend against Pakistan's attempts to grab Kashmir by force and to make it abundantly clear that Pakistan would never be allowed to wrest Kashmir from India; To destroy the offensive power of Pakistan's armed forces...' A fascinating excerpt from Shiv Kunal Verma's must-read 1965: A Western Sunrise India's War With Pakistan.
It was on January 30, 2020 that the third year medical student from Wuhan university tested positive for coronavirus, becoming the country's first COVID-19 patient, days after she had returned home following semester holidays.
The strongest reasons for creating an independent debt management office (DMO) are also the ones for not doing it now, says Rajeev Malik.
The sources said the ministry had agreed with the RBI's views that at a time when the country had a high fiscal deficit, the move might not be appropriate.
Visiting the Rezang La Memorial, one has a feeling of super-humans defending the Indian territory against the Chinese onslaught, says Claude Arpi on the 60th anniversary of the heroic battle of the 1962 War.
More than 1,30,000 cases of the novel coronavirus have been recorded in 116 countries and territories, killing at least 4,900 people.
The finance ministry is working on a Cabinet note for establishing a full-fledged Public Debt Management Office, officials told Business Standard.
On the title page of the Top Secret Report, Henderson-Brooks quotes the Chinese tactician Sun Tzu: 'Know yourself, know your enemy: A hundred battles, a hundred victories', says Claude Arpi, highlighting where the Indian Army and government failed to counter the Chinese attack in 1962.
The corporate sector does not care from where the money is coming.
Lieutenant General J F R Jacob, Chief of Staff, Eastern Army Command during the 1971 war, revealed how, armed with only a draft surrender document and an aide, he made the Pakistani army led by Lieutenant General A A K Niazi surrender.
Lieutenant General J F R Jacob, Chief of Staff, Eastern Army Command during the 1971 war, revealed how, armed with only a draft surrender document and an aide, he made the Pakistani army led by Lieutenant General A A K Niazi surrender.
Lieutenant General J F R Jacob, Chief of Staff, Eastern Army Command during the 1971 war, revealed how, armed with only a draft surrender document and an aide, he made the Pakistani army led by Lieutenant General A A K Niazi surrender.
Lieutenant General J F R Jacob, Chief of Staff, Eastern Army Command during the 1971 war, revealed how, armed with only a draft surrender document and an aide, he made the Pakistani army led by Lieutenant General A A K Niazi surrender.
Lieutenant General J F R Jacob, Chief of Staff, Eastern Army Command during the 1971 war, reveals how, armed with only a draft surrender document and an aide, he made the Pakistani army led by Lieutenant General A A K Niazi surrender.
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