The Finance Ministry expects GDP growth to be 8-8.5 per cent in 2015-16.
PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation
'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.
The RBI Governor also reiterated his reservation against repeated loan waivers by various state governments, saying the move distorts credit pricing, thereby also disrupting the credit market.
Electricity tariffs to go up as coal cess is doubled.
Tirthak Saha is living the American dream, but his work has a typically Indian context.
Kavitha Kuruganti has been fighting for decades to ensure farmers are respected and get their due from the Indian nation. In order to ensure they don't struggle for a living, she works to ensure sustainable farm livelihoods and farmers' rights.
Let all the stakeholders, especially the government, remember that if the Make in India lion needs to roar and rise again, it won't happen unless India Inc rises too, points out Shekaar Subramanian.
Gold monetisation scheme will help unlock value of gold.
Soft oil prices are expected to persist in 2015 and will be accompanied by significant real income shifts from oil-exporting to oil-importing countries.
The measures to reduce the current account deficit should have focused far more on narrowing the trade imbalance, principally through export facilitation and linked FDI, says Nitin Desai.
The supply-side driven inflationary pressures, from food or fuel prices, would be mitigated by a neutral stance and a prolonged pause on rates, says Gaurav Kapur.
According to the 2011 census, 67 per cent of rural households and 13 per cent of urban households defecate in the open.
The Duke and Duchess of Sussex are planning to work towards becoming 'financially independent'.
'But I understand the need for this government move.' 'I completely support Mr Modi.'
The amendment Act provides for the elimination of the exemption as it relates to compensation and resettlement and rehabilitation of families.
The remarks came amid reports of mounting tension between the finance ministry and the RBI over the autonomy of monetary policy makers.
'Vajpayee used to consult the Opposition; Indira Gandhi used to consult the Opposition. Which khet ki mooli is Modi?'
The research found that 50% of the people were receiving either nothing or less cash than they were entitled in lieu of the subsidised grains that were stopped under the pilots starting from September 2015 till May 2016.
He expressed his concern over recent reports of sexual abuse of children across the country and said that there was an urgent need to have in place an effective deterrent regime.
'The government has failed to understand the seriousness of the situation, and that's why they are underestimating the problem.' 'They think some tinkering here and there will fix the economy automatically.'
He claimed the people of Delhi were facing "injustice and humiliation" since independence because the government elected by them lacked power to work for them.
'Without bold action to deal with our banking crisis, count on the economy's doldrums to continue for much longer than most of us anticipate,' says Rahul Jacob.
Pitching for a non-adversarial tax environment, India Inc on Tuesday suggested reduction in tax rates on corporate as well as individuals to boost economic growth.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
There are good reasons to believe that India is at the start of a long period of growth for equities.
AAP demanded that BJP leaders Parvesh Verma and Manoj Tiwari be barred from campaigning for their remarks against the Delhi CM. The EC later issued a notice to Verma for calling Kejriwal a 'terrorist'.
It is important to know the right details about your insurance policies while avoiding these mistakes, says Harjot Singh Narula.
If new goals have emerged, this is the time to make fresh investments.
Growth, said HSBC, would be helped by higher public investment, bankruptcy code and direct transfer of subsidies
How a bus conductor named Shivaji Gaekwad became the mega-phenomenon called Rajinikanth.
The current situation offers an opportunity for farmers to reinvest in agriculture.
Pushpal Shinde now earns some Rs 50,000 a month.
Under this service, SBI will give services in person or through remote mode.
People can deposit idle gold with authorised agencies and take advantage of the price escalation of gold as well as earn interest on the deposit.
Weak monsoon rains could have a negative impact on India's automobile sector which is seeing early signs of improvement with the sale of passenger cars and utility vehicles rising in May.
Since the Saradha group of companies went bust with its owner Sudipta Sen in police custody from 2013, its agents have been left penniless, homeless and have lost all hope of living a peaceful life. They are out on the streets, crying themselves hoarse for compensation. One of them writes an open letter to West Bengal Chief Minister Mamata Banerjee for help.
In case MGNREGA is expanded, officials said the total expenditure on farming-related works could reach up to 80 per cent of MGNREGA budget, as against the current 67 per cent.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances