The Survey estimated that a UBI that reduces poverty to 0.5 per cent would cost 4-5 per cent of GDP, assuming that those in the top 25 per cent income bracket are not part of the loop.
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Following adverse media reaction to the June 27 decision of the Cabinet Committee on Economic Affairs, the finance ministry had issued an office memorandum asking the petroleum ministry to see if there was a way to make RIL clear its gas supply backlog at the existing price.
The Karnataka government on Monday cleared IT major Tata Consultancy Services' proposal for special economic zones at four locations in the state with a combined investment of Rs 1,150 crore.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
News of all that's transpired on and off the football field
The estimates of national income and growth do not pass the 'smell test'.
Remunerations dominated former India coach Anil Kumble's 19-page proposal on restructuring of contracts to the Board of Control for Cricket in India in which he had demanded that the 'chief coach should earn 60 percent of the captains' estimated earnings'.
Slowdown in industrial production notwithstanding, a marginal increase in inflation raised the clamour for another round of rate cut by the Reserve Bank on April 4 to boost economic activity.
The railways ministry has a capex target of Rs 1 lakh crore for the financial year.
'Although the Election Commission remains convinced about the EVM's integrity, as a fair umpire of the game it was necessary to travel the last mile to convince political players that the entire process was not only fair but transparently so.' A fascinating excerpt from former Chief Election Commissioner Navin Chawla's new book, Excerpted from Every Vote Counts: The Story Of India's Elections.
On Friday, Colombian President Juan Manuel Santos won the Nobel Peace Prize for "his resolute efforts to bring the country's more than 50-year-long civil war to an end, a war that has cost the lives of at least 2,20,000 Colombians and displaced close to six million people". For those who don't know about the situation in Colombia, here's a simple explainer.
As part of the fund mobilisation move, the cabinet decided to seek financial aid from abroad through non-resident Keralites, from major cities in the country and also from educational institutions in Kerala.
His statement assumes significance in the wake of a row over the Centre's refusal to accept the United Arab Emirates' reported offer of Rs 700 crore to the flood-hit state.
Prince of Qatar, Hamad Bin Nasser A A Al-Thani, is looking at investing Rs one trillion in India.
'Russian diplomacy is presumably at work.' 'The ground is slippery, because "territorial sovereignty" is a hugely sensitive issue,' says Ambassador M K Bhadrakumar.
The Cabinet Committee on Economic Affairs may this week decide to price all domestically produced natural gas as per a formula suggested by a panel headed by Prime Minister's economic advisor C Rangarajan.
One hopes that the government will act on the Kelkar panel recommendations.
GST reform has been hanging fire since 2006-07.
Estimated to cost Rs 125 crore, the centre, will be set up in Hyderabad.
Government has targeted to garner about Rs 56,500 crore through selling its stake in PSUs.
Gujarat has around 3,000 licensees for allopathic drug manufacturing, apart from around seven homeopathic licensees, 500 ayuvedic and 600-700 cosmetics licensees
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
The fiscal deficit in current fiscal has been estimated at 3.9%.
The markets are in bubble territory.
An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.
Sports Minister Jitendra Singh was far from impressed as he took stock of India's preparations for next year's Commonwealth and Asian Games in a meeting with SAI officials here and expressed dissatisfaction with the progress made so far.
It is a national economic problem and one that requires a political solution hand in hand with a clear government commitment to stand behind core national assets, says Vinayak Chatterjee.
Ministers and Congress MLAs from Rayalaseema raised a demand that the new capital of Andhra Pradesh be located in Rayalaseema region, implying Kurnool town.
''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.
Finance Minister Arun Jaitley appealed to parties to rise above partisan considerations to support it.
The Bill neither plans to make the Aadhar mandatory or limit its issuance to citizens.
The NGT, however, refused to impose any further environment compensation on the AoL.
In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
For two-and-half weeks, as Kanhaiya Kumar's Jan Gan Man Yatra opposing the CAA-NPR-NRC makes its way through Bihar, it has come under sustained violent attack. Archana Masih/Rediff.com discovers that the yatris, who include teenagers wanting to save the Constitution and the Nation, are unfazed by the threats and loathing.
'A lack of strategic trust and the 'persistent security dilemma' prevails between India and China,' points out Dr Rup Narayan Das.
The committee said whatever benefit RIL received in terms of the migrated gas is liable to be returned to the government.
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