CPI inflation will remain below the target of 6 per cent set for January 2016.
There have been several instances of traders dumping fruits and vegetables outside mandis. Or of farmers dumping produce outside their villages or feeding them to their animals.
The revision of the consumer price index and GDP base years from 2011-12 and 2012, respectively, were dependent on the outcomes of the consumer expenditure survey of 2017-18 that the government decided to junk recently.
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
The Public Private Partnership Approval Committee (PPPAC), chaired by Economic Affairs Secretary R Gopalan, had granted approval to the six proposals of the ministry of road transport and highways spread across five states, an official statement said.
India should take 'measured approach' with stimulus packages to deal with COVID-19 by limiting interventions to the provision of food, shelter and basic necessities of life for all; forbearance on payments of outstanding loans; and extra provision of working capital including what will be necessary to cover outstanding wages from lockdown period to enterprises.
The Supreme Court on Friday restrained the seven-member committee from opening vaults of the Sree Padmanabhaswamy Temple in Thiruvananthapuram, which according to various estimates contains wealth worth over Rs 1 lakh crore.
Poverty in the country fell 7.4 percentage points in the past five years.
The temples are concerned about the religious sentiments of the devotees who donate gold ornaments in the name of the deities
If imputed inflation for April and May is used, then you have inflation of over 6 per cent for two consecutive quarters, which is a worrying signal for the RBI.
The theatres will start functioning from Friday with the ticket prices set to go up from the present maximum of Rs 120 with the addition of 28 per cent of Goods and Services Tax.
While efforts are being mounted on a war footing to arrest its spread, COVID-19 will impact economic activity in India directly through domestic lockdown. The second-round effects, it said, would operate through a severe slowdown in global trade and growth.
Several opposition members, including from the Dravida Munnetra Kazagham and the Communist Party of India-Marxist, also pointed out that the government took almost two months to impose the lockdown after the first case came to light in January, and claimed the delay had proved costly.
Holding the 2024 Olympics in Hamburg would cost taxpayers a projected 7.4 billion euros ($8.4 billion) with a total overall budget for the world's biggest multi-sports event estimated at 11.2 billion, the candidate city's mayor said on Thursday.
Ninety percent mining in Bellary district of Karnataka is illegal which has converted the area of green scenic into a war ravaged zone with huge ugly scars, says the Supreme Court-appointed committee.
A likely easing in inflationary pressures in the forthcoming months will reopen the window for the RBI to once again prioritise growth and ease its interest rates.
The controversial Antrix-Devas deal will now come under the scrutiny of a Parliamentary panel. Parliament's Committee on Estimates has decided to examine the allocation of S-band spectrum by Indian Space Research Organisation (ISRO) with special reference to the Antrix-Devas deal, an official said.
'If you do quick back-of-the-envelope calculation, someone earning Rs 10 lakh can get a benefit of anywhere between Rs 35,000 and Rs 45,000, even if s/he is availing exemptions.' 'A large proportion of people do not avail full exemptions as they don't have money to invest in those schemes.'
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
Standing committee on finance to also focus on RBI autonomy and citizen's rights.
Cotton production in India is expected to rise to a record 4.7 million tones while the world cotton production is forecast at 25.2 million tonne for 2007-08.
Experts said the rate hike would improve working capital position of the manufactures as it would correct the inverted duty structure but may lead to increase in price of the finished goods.
With airfares spiralling, members of a Parliamentary panel grilled top officials of the Civil Aviation Ministry and demanded quick action to curb overpricing of air tickets.
As Unilever's COO, he is expected to take significant load off CEO Alan Jope, pushing growth across markets and driving go-to-market activities.
Naresh Goyal-owned group companies, including the airline's general sales agent in India and abroad, and a car rental firm, are among those who have filed claims.
The move is part of a larger initiative by the government to speed up work in the highway sector.
The recent amendments to the IBC practically barred promoters from re-acquiring their own assets, leaving only a small window to convert their non- performing assets into standard assets by paying the overdues.
Third of faculty positions vacant. One per cent seats empty. New institutes lag in infrastructure, research.
'This updated NPR database along with Aadhaar Number would become the mother database and can be used by various government departments...' the home ministry declared in July 2015. 'UID/Aadhaar has been used as a fish bait to ensnare and entrap present and future generations of citizens,' warns Gopal Krishna.
The fourth consecutive rate cut is expected to lower equated monthly instalments (EMIs) for home and auto buyers, and borrowing cost for corporate.
Top BCCI official Ratnakar Shetty has been summoned to attend the meeting of the Mumbai Cricket Association's (MCA) inquiry committee, probing the matter of unsold tickets during the 2011 World Cup final held at the Wankhede Stadium, in Mumbai on Wednesday.
The panel will be asked to give report by March-April next year.
Tokyo has mostly delivered on that hope, despite some early teething problems.
Dubai will not enter a bid for the 2020 Olympic Games, instead opting to enter the race to host the event four years later, a statement released by the Gulf Arab emirate's media office said on Friday.
'The Olympics postponement may not be a political body blow to Abe Shinzo, but it is no denying that the economic cost of the postponement of the Games will be heavy for Japan,' observes Dr Rajaram Panda.
If push comes to shove, Trump is probably planning to order the US army to clear his path for a second term. What if the armed forces refuse to obey their commander-in-chief?, asks Ambassador M K Bhadrakumar.
The catch is the need for a supportive framework in place that allows free and fair use of such technology.
Political Joint Action Committee chief Professor Kodanda Ram says that there is no way in which this agitation is going to stop.
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
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