The Ministry of Finance or Commerce would certainly need a larger hospitality budget than the Ministry of Agriculture.
The government wants the RBI to part with most of its profit as dividend.
Studying at these foreign destinations will not burn a hole in your pocket.
India has opposed a proposal on ad-hoc increase of quota of some countries in IMF, saying the redistribution of quota based on flawed formula cannot provide a durable solution to reform IMF.
'A separate 'Investigation Agency (Other Offences)' or IA(OO), can be created under the state governments, with the expertise and resources required for investigating non-violent offences,' recommends Alok Tiwari, a Cabinet Secretariat officer.
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
BRICS countries may reach consensus at next month's G20 summit on creating a $100 billion currency reserve fund to help ease short-term liquidity pressure and safeguard financial stability of major emerging economies, a senior Chinese central bank official said.
It is not clear whether the drop in offers is a fallout of demonetisation.
The momentum created by the landslide victory of the ruling party should be utilised to carry forward reforms in the legal field, says M J Antony.
The RBI is considering permitting FII and commercial banks to trade on Indian commodity exchanges.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Market players said a big upmove by the market will depend on policy action by the government to revive economic growth and corporate earnings revival.
In a pre-budget meeting with Finance Minister Arun Jaitley, the experts suggested timely implementation of the BJP's election manifesto promises to fix higher support prices. They also favoured a Kissan TV channel, an efficient procurement policy, priority for farm mechanisation and the linking of rivers.
'The virus of trust deficit seems to be taking a toll of the friendship built over the years by succeeding leaderships of the two countries,' notes Rup Narayan Das.
Noted economist Arvind Subramanian is favoured as the choice for the government's Chief Economic Advisor (CEA).
'We are all in a tizzy about NBFCs in the aftermath of the IL&FS default.' 'We tend to jump to the notion that an NBFC is like a bank. But banks make a promise that deposits are liquid and have an assured return.' 'NBFCs make no such promises,' points out Ajay Shah.
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
India's rank in the World Bank's ease of doing business index cannot get better unless more attention is paid to bringing about procedural reforms in the way states run their governments and provide various approvals for trade and industry, says A K Bhattacharya.
According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate.
13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to resort to populist tricks.
The economy and society have changed 'hugely' over the years, he said.
'India's economic fundamentals are much too strong to be affected by his resignation,' says B S Raghavan.
Lekh is an international competition conducted by XLRI, Jamshedpur.
Finance Minister Arun Jaitley hints at a world class tax regime.
Law Minister H R Bhardwaj told delegates that the Centre also plans to introduce a bill in Parliament to set up mobile rural courts known as 'Gram Nyayalayas' to make justice available at doorsteps to people in villages.
Kharola leads from the front. As a team player, he also uses technology to improve processes whether it is training or assessing metrics, a key trait that would help to improve service quality of the national carrier.
GST reform has been hanging fire since 2006-07.
Reserve Bank Governor Raghuram Rajan on Friday said banking sector will see major changes in the coming years.
The searches are linked to suspected movement of hawala money during the ongoing polls season and tax evasion.
The Prime Minister said there is a need to have a relook at the structure of the Planning Commission and give it a new shape.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
The ongoing Greece economic crisis poses a little threat to the rest of the world as the global economy has withstood the stress tests of the last two weeks fairly well.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
Their research paper on aid by rich nations got leaked
They expressed concern on taxation issues, the high fiscal and current account deficits, and sought removal of capital gains tax.
His 7-day long trip to the United States starts on June 17.
India has still a long way to go to meet the Millennium Development Goals such as elimination of poverty by 2015, Finance Minister P Chidambaram said.
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