The economy had grown at 5.4 per cent in the corresponding quarter of April-June last fiscal.
The IT modernisation project with this outlay was approved by Cabinet Committee of Economic Affairs in November 2012.
Will RBI chief have the final say, in the form of a veto
Finance Minister Arun Jaitley will pitch for quota and governance reforms in the annual meeting of the International Monetary Fund.
The World Meteorological Organisation/Economic and Social Commission for Asia and the Pacific Panel on Tropical Cyclones, at its twenty-seventh session held in 2000 in Muscat, Oman, agreed to assign names to the tropical cyclones in the Bay of Bengal and Arabian Sea.
'Rather than 'consolidate' the Hindu majority votes, as the BJP-RSS combine has been known and wont to try, this time round PM Modi has himself taken the party to the next step, by seeking to create a new divide within the majority community, a la V P Singh in his time.'
India on Thursday strongly condemned the Taliban attack on a guesthouse in the Afghan capital that killed 14 people, including four Indians.
The finance ministry official may have claimed that the ministry does not have information on the loans sanctioned by different banks to Mallya or the details of the guarantee given by Mallya against those loans, but the ministry had responded to questions in this regard in Parliament in the past.
The Indian consumer goods industry holds huge potential for growth as affordability is increasing and size of the low income segment is shrinking, according to R K Shukla of National Council for Applied Economic Research.
The data profiles the country's rural households.
Stung by the low 4.4 per cent growth projection for this fiscal, the pre-Budget Economic Survey on Thursday endorsed Kelkar Panel recommendations on tax reforms besides a cut in subsidies and interest rates to deal with mounting and worrying fiscal d
Experts hail Obama's India trip as a big step towards signing of imp trade agreements.
The study, 'Trade and trade diversion effects of United States tariffs on China', shows that the ongoing US-China trade war has resulted in a sharp decline in bilateral trade, higher prices for consumers and trade diversion effects -- increased imports from countries not directly involved in the trade war.
Obama joked comfortably with the eccentric founder and executive chairman of Alibaba Group.
Worse still, the cities ranked second, third and fourth for their poor air quality are also in India.
Amidst fracas over the launch of his book in Mumbai, former Pakistan Foreign Minister Khurshid Mahmud Kasuri has said that he is optimistic about peace between India and Pakistan and called for Prime Minister Narendra Modi to take forward Atal Bihari Vajpayee's work towards that end.
A panel has recommended that the RBI should bring down CPI inflation to 4 per cent.
Finance Minister Jaswant Singh has decided to communicate with MPs and VVIPs through e-mail to reduce time and improve efficiency.\n\n\n\n
RBI Governor Raghuram Rajan is regarded as credible by global financiers.
T C A Anant, former chief statistician to the government, will soon be heading a panel to decide whether the monthly payroll data released by EPFO, ESIC and PFRDA could replace the quarterly enterprises-based survey on job creation by the labour bureau, the prime minister's office decided last week.
Planning Commission had got into a big controversy on this issue.
Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end.
On the lines of the Sachar Committee for Muslims, Prime Minister Manmohan Singh has set up a panel to assess the status of Scheduled Tribes, to ensure their progress in socio-economic, health and education fields.
RBI Governor Raghuram Rajan on Tuesday kept the repo rate unchanged 6.50 per cent.
Kerry is scheduled to head to India later this month for the fourth annual US-India Strategic Dialogue.
The resentment against the government has increased.
Faced with allegations that included bribery and violation of sovereignty, Park was accused of colluding with Choi to secure millions of dollars in bribes from the country's biggest enterprises and allowing Choi, a civilian, to interfere in state affairs. Park had apologized, but denied any wrongdoing.
Heavy dollar selling by banks and exporters alongside debt-related inflows largely supported the rupee
'This is a historic juncture when the US is in great need of an alliance with India to strengthen its hands in the fierce struggle with China in the Asian theatre,' points out Ambassador M K Bhadrakumar.
In their new venture, Tata SIA Airlines Ltd, Tata Sons would hold 51 per cent stake and Singapore Airlines 49 per cent.
He will be the eighth Deputy Governor to be made Governor at RBI
India's existing web of federal and state sales taxes is levied at different stages of the supply chain and often results in double taxation, while forcing trucks to spend nearly a quarter of their road time in border checks or other inspections.
RBI has kept interest rate unchanged at 8 per cent since January
N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report to the National Statistical Commission, explains to Abhishek Waghmare various aspects of the methodology.
'Surprised by the absence of any sloganeering or even mild protest in an ambience so free and self-regulated, I asked a friend from Delhi whether he too, with sharp political antenna, was surprised at how smooth and easy going everything was,' notes Ambassador B S Prakash.
"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.
Says impact of crisis in China won't be as big here as in some other countries
The government is learnt to have described the Union Budget as an annual constitutional exercise covering the entire country and not just a few states.
