News for 'Economic Advisory Committee'

Has India's unemployment rate jumped to 45-year high?

Has India's unemployment rate jumped to 45-year high?

Rediff.com7 Mar 2019

Most economists were of the view that the NSSO should release the data, as any move to withhold it will dent the image of country's statistical system.

Jaitley's comments 'cheap': Yashwant Sinha

Jaitley's comments 'cheap': Yashwant Sinha

Rediff.com29 Sep 2017

It appears the row over the article penned by senior Bharatiya Janata Party leader Yashwant Sinha refuses to die down.

New rules may allow confiscation of absconder's assets

New rules may allow confiscation of absconder's assets

Rediff.com3 Feb 2017

The department of economic affairs is said to be in discussions with various probe agencies, including the income tax department and the Enforcement Directorate, and bankers in drafting the final rules.

Rajan favours removing RBI Guv's veto power on deciding rates

Rajan favours removing RBI Guv's veto power on deciding rates

Rediff.com4 Aug 2015

The central bank and Indian government has reached a "broad consensus" on the composition of a rate-setting panel.

PlanCom struggles with the big picture

PlanCom struggles with the big picture

Rediff.com15 May 2014

Since 2004, Montek Singh Ahluwalia, one of the commission's longest serving deputy chairmen, has been trying to mould it to fit into the new economic order, without much to show for his efforts.

Census unlikely to take place before 2024 Lok Sabha elections

Census unlikely to take place before 2024 Lok Sabha elections

Rediff.com16 Dec 2022

Although the Disaster Management Act for Covid containment measures, considered a hindrance in conducting the census, was withdrawn in March this year the Centre has not taken any further action on conducting the much-delayed population enumeration.

Second thoughts on highway rescue

Second thoughts on highway rescue

Rediff.com12 Dec 2013

Road developers hoping for early relief from the government will have to wait longer.

Will Nachiket Mor be the next RBI Governor?

Will Nachiket Mor be the next RBI Governor?

Rediff.com4 Nov 2013

Raghuram Rajan has appointed him as head of several committees soon after taking charge.

India Inc bats for a rate cut in RBI's next policy

India Inc bats for a rate cut in RBI's next policy

Rediff.com6 Nov 2014

It is the six per cent target RBI is more concerned about.

Lok Sabha approves Pension Bill

Lok Sabha approves Pension Bill

Rediff.com4 Sep 2013

The Pension Fund Regulatory and Development Authority Bill, 2011, provides for market based returns and wide coverage based on several investment options in the pension sector with an aim to building confidence in the subscribers.

CPI(M) slams Planning Commission's estimates on poverty

CPI(M) slams Planning Commission's estimates on poverty

Rediff.com25 Jul 2013

The CPI(M) on Thursday slammed the Planning Commission estimates on poverty levels in the country, saying these made "a mockery of life and death struggles" of the people, amidst continuous rise in prices and "massive" slashing of subsidies for the poor.

At 50, can AIADMK reinvent itself?

At 50, can AIADMK reinvent itself?

Rediff.com15 Oct 2021

The AIADMK's staying power is not in question, but it has to regain the winning streak. That will require its leaders and leadership to re-wire themselves, to be able to re-think situations in ways different from what they had been accustomed to, suggests Sathiya Moorthy.

Peace with Pak will give India direct access to Central Asia: Imran

Peace with Pak will give India direct access to Central Asia: Imran

Rediff.com17 Mar 2021

Pakistan Prime Minister Imran Khan on Wednesday said India will be benefitted economically by having peace with his country as it will enable New Delhi to directly access the resource-rich Central Asia region through Pakistani territory.

Arvind Subramanian, RBI advisor make case for rate cut

Arvind Subramanian, RBI advisor make case for rate cut

Rediff.com18 Jun 2015

RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.

'Jaitley is lying about labour reforms'

'Jaitley is lying about labour reforms'

Rediff.com31 Aug 2016

'You cannot treat workers like beggars.'

Mangalore Refinery faces massive protest from villagers for causing 'pollution'

Mangalore Refinery faces massive protest from villagers for causing 'pollution'

Rediff.com14 Oct 2014

Hundreds of Jokatte villagers adjacent to MRPL refinery near Mangalore have complained of air, noise, water pollution from plant.

'Scrapping centres will be an industry'

'Scrapping centres will be an industry'

Rediff.com20 Apr 2021

'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'

RBI may grant licences for payment banks by April

RBI may grant licences for payment banks by April

Rediff.com11 Dec 2014

The RBI may grant licences for setting up small finance and payment banks by April 2015.

Budget dilemma: Strict fiscal discipline or fund rural growth?

Budget dilemma: Strict fiscal discipline or fund rural growth?

Rediff.com20 Dec 2017

BJP's reversals in rural Gujarat has prompted many policy watchers to predict that the Budget would have incentives for the agriculture sector and the rural economy.

Reliance may not get new gas price from April 1

Reliance may not get new gas price from April 1

Rediff.com26 Apr 2014

Earlier this week, the ministry had come out with a clarification, saying domestic gas producers had to stick to the earlier price of $4.2 a unit until a further notification from the new government.

GDP grows 7.7% in Q4, remains ahead of China as fastest growing economy

GDP grows 7.7% in Q4, remains ahead of China as fastest growing economy

Rediff.com31 May 2018

The previous high GDP growth of 8.1 per cent was recorded in April-June quarter of 2016-17.

'It is a no-brainer that there will be a very sharp rebound next year'

'It is a no-brainer that there will be a very sharp rebound next year'

Rediff.com29 Sep 2020

'The CEA suggested that could be as high as 19 per cent.'

Indian green economist wins 'environment Nobel'

Indian green economist wins 'environment Nobel'

Rediff.com28 Jan 2020

Renowned Indian environmental economist and UN Environment Programme (UNEP) goodwill ambassador Pavan Sukhdev has won the 2020 Tyler Prize, regarded as the 'Nobel Prize for the Environment', for his ground-breaking "green economy" work. Sukhdev, 59, who will receive the award alongside conservation biologist Gretchen Daily, has been acknowledged for his work on bringing the economic consequences of environmental degradation and loss to the attention of corporate and political decision-makers.

Why onion prices are so high, Rangarajan explains

Why onion prices are so high, Rangarajan explains

Rediff.com24 Oct 2013

Rangarajan, who was answering questions on onion prices touching Rs 100 per kg in some cities, said the impact on inflation would not last long.

Why Rajan's rate cut decision surprised top RBI officials

Why Rajan's rate cut decision surprised top RBI officials

Rediff.com13 Mar 2015

Reserve Bank of India (RBI) Governor Raghuram Rajan's decision to cut rates last week surprised even top officials.

Don't pay workers wages during calamities, says House panel

Don't pay workers wages during calamities, says House panel

Rediff.com25 Apr 2020

Parliamentary standing committee on labour, led by Biju Janata Dal MP Bhartruhari Mahtab, has said in its report that it is unjustifiable for owners to pay workers' wages during natural calamities.

RBI expects 5 to 5.5% growth in current fiscal

RBI expects 5 to 5.5% growth in current fiscal

Rediff.com4 Oct 2013

The Reserve Bank on Friday said the economy would grow by 5 to 5.5 per cent in the current fiscal, pinning its hopes on good farm output and improved exports.

'2017-18 was a defining year for Indian economy'

'2017-18 was a defining year for Indian economy'

Rediff.com31 Mar 2018

Businesses are still taking time to adjust in the new tax regime, which would weigh on growth rates for the financial year closing today.

What the economy needs: Painful medium-term steps

What the economy needs: Painful medium-term steps

Rediff.com4 Mar 2020

''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.

'RBI won't allow any cooperative bank to collapse'

'RBI won't allow any cooperative bank to collapse'

Rediff.com5 Oct 2019

One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.

EPFO will not revise interest rate downward: Government

EPFO will not revise interest rate downward: Government

Rediff.com19 Feb 2016

Trade unions' had demanded 8.9 per cent interest rate.

MSP to now reflect transport, marketing charges

MSP to now reflect transport, marketing charges

Rediff.com16 Jan 2009

According to a decision taken by the Cabinet Committee on Economic Affairs, the Commission on Agricultural Costs and Prices will consider the above elements while recommending the MSP. The CACP, an advisory body under the agriculture ministry, recommends MSPs of over 20 crops, including wheat and rice.

RBI Governor Raghuram Rajan's interest rate dilemma

RBI Governor Raghuram Rajan's interest rate dilemma

Rediff.com19 Nov 2014

It would be beneficial for the economy to hold on to high interest rates till inflation numbers are under control.

Remembering Homi Bhabha

Remembering Homi Bhabha

Rediff.com31 Oct 2019

On Dr Homi J Bhabha's 110th birth anniversary, Dr K S Parthasarathy shares some personal memories of the legendary nuclear scientist.

What can we next expect from Xi?

What can we next expect from Xi?

Rediff.com1 Mar 2021

It will be interesting to see whether India-China border tensions figure during the deliberations of PLA deputies to the NPC and CPPCC, notes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.

Bibek Debroy joins as full time member of NITI Aayog

Bibek Debroy joins as full time member of NITI Aayog

Rediff.com21 Jan 2015

Debroy worked as a consultant in the Department of Economic Affairs in Finance Ministry.

What the rupee and bond markets will watch for

What the rupee and bond markets will watch for

Rediff.com27 Dec 2014

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

Modi's plans to make ministers redundant

Modi's plans to make ministers redundant

Rediff.com11 Jun 2014

The prime minister's office will play the principal role in decision-making.

Trump disbands business councils after CEOs quit over Charlottesville remarks

Trump disbands business councils after CEOs quit over Charlottesville remarks

Rediff.com17 Aug 2017

"Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!" Trump said in a tweet.

Wheat MSP hiked by Rs 105/quintal

Wheat MSP hiked by Rs 105/quintal

Rediff.com3 Oct 2018

The decision will help farmers earn an additional income of Rs 62,635 crore