'Election years tend to see high government expenditure on unproductive schemes, though that money sloshing around can boost private consumption.' 'Again, it can mean higher inflation,' explains Devangshu Datta.
The Standing Committee on Petroleum and Natural Gas in a report tabled in Parliament said the proposed formula is a simple average of two methodologies -- price of imports of LNG into India by different suppliers, and weighted average of prices of natural gas prevailing at Henry Hub in USA, National Balancing Point in London and netback import price at the well head of suppliers into Japan.
The EPFO is likely to decide soon the rate of interest on PF deposits for 2013-14, which is expected to be over 8.5 per cent.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
Drones are being used for carrying out a host of tasks like surveillance to ensure that people are maintaining social distancing, spreading awareness about COVID-19 in densely populated areas, spraying disinfectants and checking people's temperature
Potato, a daily consumable vegetable, witnessed maximum inflationary pressure at 60.58 per cent
The policy review observed that the moderation in inflation, excluding food and fuel, that was witnessed in the first quarter of 2017-18 has "by and large, reversed".
'Healthcare workers treating coronavirus have been among the hardest hit.' 'It is scary, but this is what we signed up for and became doctors.'
'Having consumed thousands of the sickly sweet chenna globes of varying textures over the years, I must demur,' says Uttaran Das Gupta.
The unions term the introduction of fixed-term employment as a 'modern labour slavery system' introduced through the 'back door'.
The World Bank said improved infrastructure, specifically rural electrification, has had far-ranging effects
'2020 will show whether India's troubled domestic economic and political house reveals a mismatch in their strategic association or whether closer strategic ties are yet possible,' says Anita Inder Singh.
'He consulted widely, both formally and informally and acted quickly on pragmatic suggestions.' 'To his credit, Parrikar took the initiative to reduce excessive litigation against armed forces veterans and widow over small sums of pensionary and disability benefits,' points out says Brigadier Gurmeet Kanwal (retd).
Dravida Munnetra Kazhagam on Monday alleged that use of money, muscle power and misuse of official machinery by the ruling All India Anna Dravida Munnetra Kazhagam were responsible for the party's worst-ever performance in the recent Lok Sabha polls in Tamil Nadu, where it drew a blank.
The Union cabinet on Wednesday approved the construction of National War Memorial and Museum near the famed India Gate in New Delhi.
'The Mumbai-Pune Olympics will be help shift the country's gaze to a region that denotes a new formula for sports, enterprise, and nation building,' argues Shashank Mani Tripathi.
The 'failure' to drill the committed 50 wells on the KG-D6 fields led to natural gas output dramatically falling over the past three years.
West Bengal Chief Minister Mamata Banerjee said on Thursday that at least 72 people have died due to Cyclone Amphan and urged Prime Minister Narendra Modi to visit the affected districts and provide help to 'rebuild those areas from scratch'
Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart from addressing stress in the NBFC sector.
Agitating ex-servicemen on Monday continued with their relay hunger strike over the 'One Rank One Pension' issue at Jantar Mantar in New Delhi as they prepared for a mega rally this weekend to press for removal of "anomalies" in the OROP announced by the government.
The Travancore Devaswom Board that governs the affairs of Sabarimala has been entrusted to form an expert committee to come up with a detailed project report for transforming Sabarimala into a national pilgrimage.
'How can you have massages on trains in the presence of other lady passengers?'
Pirates won't have it easy any more as the organised market gets savvy.
S&P expects India to grow at 7.4 per cent in 2015, similar to the central bank's forecast for the fiscal year ending in March.
In a bid to put an end to housing crisis faced by members of Parliament in national capital New Delhi, the government is mulling construction of multi-storeyed flats at an estimated cost of Rs 60 crore in the heritage site Lutyen's Zone.
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.
The Reserve Bank on Tuesday said growth is expected to fall below 5 per cent in 2013-14 in absence of pick-up in manufacturing sector, but likely to recover to 5.5 per cent in the next financial year.
The government has given the nod for the purchase of six C-130J Super Hercules transport aircraft at an estimated cost of Rs 4,000 crore from the US.
Gujarat Chief Minister Narendra Modi and other top central leaders of the Bharatiya Janata Party will address a conclave of the party's spokespersons, panelists and media cell office-bearers in New Delhi on Saturday and guide them on how to handle the propaganda ahead of next Lok Sabha elections.
The regulator budget is projected to have deficit of Rs 76.6 cr; fee hike will help turn this into a surplus of Rs 105.7 crore.
India's GDP is poised to accelerate to 5.5 per cent in 2014-15 on the back of improved performance in industry and services but it may take some time for the country to reach its potential growth rate, says an Asian Development Bank (ADB) report.
India will jointly develop and co-produce a new generation of medium range surface-to-air missiles with Israel to secure the country's strategic assests from growing threats posed by aerial attacks and the proliferation of missiles in the region.
The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.
Experts said the direction is meant to maintain party unity.
It was complained that the special financial assistance to the Haj pilgrims from the tax payers' money was discriminatory as no such similar facilities were being extended to Hindus, Christians, Buddhists, Sikhs and other communities.
'The air force has treated the Tejas like a step child.' 'The Tejas has grown in capability, but the IAF has preferred foreign fighters like the Rafale.'
The commission issued letter of intent to ECIL and BEL -- both PSUs -- on Friday, two days after the Union Cabinet cleared its proposal to buy 16,15000 voter verifiable paper audit trail units at an estimated cost of Rs 3,173.47 crore.
Revenues of Indian companies, excluding those engaged in banking and oil, are expected to grow marginally at 5-6 per cent in the first quarter of this fiscal.
In the policy banks, the government can have 100 per cent stake, McKinsey said.
Successors of those who migrated to Pakistan and China during Partition will have no claim over the properties left behind in India, with Parliament on Tuesday passing a bill to amend a 49-year-old law.
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