In its mid-quarter review of monetary policy, RBI on Wednesday kept all key interest rates unchanged notwithstanding persistent high inflationary pressure.
International economic diplomacy will be a major focus for the new government.
Deputy Chairman of the Planning Commission Montek Singh Ahluwalia on Monday admitted that there was concern across the country about the implementation of development schemes without any leakage.
This is more than double the money that the state got during the Xth plan.
In the October-December quarter, India's economy grew below expectations at 4.7 per cent on falling output in the manufacturing sector.
Ahluwalia said the government has taken steps to push the infrastructure sector and there are signs of improvement in the core sector production performance of steel, power, coal and cement during July and August.
Deputy chairman of the Planning Commission Montek Singh Ahluwalia has been awarded the honorary degree of Doctor of Civil law at the University of Oxford.
Planning Commission Deputy Chairman Montek Singh Ahluwalia has said agriculture growth in the country cannot double without the involvement of the corporate sector.
India's gross domestic product grew at a decade low of 5 per cent last fiscal.
Planning Commission Deputy Chairman Montek Singh Ahluwalia says Commerce Minister Kamal Nath had warned him in advance that he was going to criticise the apex planning body in public.
Montek welcomes investment in infrastructure; deals worth over $5 billion signed at the 2nd India-China Strategic Economic Dialogue.
His statement came against the backdrop of a controversy kicked off by his email to Ahluwalia.
Reserve Bank, in its mid term review of the monetary policy on Friday, decided to hike short term policy rate by 0.25 per cent after a gap of two years and ease liquidity by reducing the marginal standing facility rate for banks.
Holding their first comprehensive Strategic Economic Dialogue (SED) in Beijing on Monday, India and China have reached an understanding to deepen bilateral investment cooperation, further open up markets to each other and improve the investment environment.
Aviation Minister Praful Patel's outburst against Planning Commission Deputy Chairman Montek Singh Ahluwalia is perhaps not difficult to understand since most people think it was actually Patel who should have been keeping an eye on the delays at the Delhi airport.
This was announced at the Indo-US Economic Cooperation conference held on Friday.
The government, which had set a reserve price of Rs 14,000 crore for pan-India spectrum broadly drawing from the basis used by Comptroller and Auditor General in calculating the loss in the previous sale in 2008, managed a meagre Rs 9,407.64 crore (Rs 94.07 billion) in the auction that lasted barely two days.
Rodrigo de Rato, Managing Director of the International Monetary Fund, on Monday congratulated Montek Singh Ahluwalia on his appointment as Deputy Chairman of India's Planning Commission.
Eminent economist Montek Singh Ahluwalia was on Wednesday appointed deputy chairman of the Planning Commission.
Addressing the fourth India Investment Forum in New York, Montek Singh Ahluwalia highlighted the steps the government was taking to attract investments in the infrastructure sector, saying it is open to suggestions which they might have to offer.
Ahluwalia was married to former deputy chairperson of Planning Commission Montek Singh Ahluwalia and is survived by her husband and two sons.
The economy had grown at 5.4 per cent in the corresponding quarter of April-June last fiscal.
There are wide spread speculations in corridors of power in the Capital that Deputy Chairman of Planning Commission Montek Singh Ahluwalia may take over as the next finance minister of India.
A report by a senior official in the Planning Commission has said the National Highways Authority of India (NHAI) is heading towards bankruptcy, as its debt is set to increase five times in the next three years.
Montek Singh Ahluwalia is the new deputy chairman of the Planning Commission.
Says tradability will ensure greater economic efficiency & higher revenues for the government.
Dudley, on a stop-over visit on way to Shanghai, along with Ambani drove to Planning Commission Deputy Chairman Montek Singh Ahluwalia's residence for a breakfast meeting this morning and had sought a meeting with Law Minister Ashwani Kumar.
Besides Parikh, Singh sent letters of appreciation to V L Chopra, B Mungekar and Anwarul Hoda indicating that they may not find a place in the reconstituted body.
Broad convergence on GST rollout in NDC meet.
Costlier food items, including vegetables, pushed the October wholesale inflation to 7 per cent, the highest in the current financial year.
The committee is expected to submit its report soon.
It has emerged that a senior US government functionary offered to help India garner greater funding from the World Bank in return for protecting Dow Chemicals from possible legal fallout from the gas tragedy.
Finance Minister Pranab Mukherjee is leading a high-powered team of policymakers, including Commerce Minister Anand Sharma and Planning Commission Deputy Chairman Montek Singh Ahluwalia at the India-US CEOs Forum.
High profile economist Montek Singh Ahluwalia on Monday assumed charge as the deputy chairman of Planning Commission.
To defuse the crisis over appointment of 'foreign' experts in the Planning Commission, its Deputy Chairman Montek Singh Ahluwalia said he would meet Prime Minister Manmohan Singh and find a solution shortly.
The weapon carrying security personnel pushed journalists, who retaliated with more pushes and shoves.
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