For July-September, it pegged CPI-based retail inflation at 4.2 per cent which it saw firming up to 4.8 per cent in the second half of the current fiscal.
Retail inflation inches up to 3.77%; IIP growth dips to 3-month low
Farm loan waiver has been presumed to be inflationary. But the short-term consequences are likely to be quite deflationary.
The Indian National Lok Dal had split following differences between Ajay Singh Chautala and his younger brother Abhay Chautala.
The Swaraj India chief alleged that the raid was conducted at his sisters' hospital-cum-nursing home premises with an intent to "intimidate" and "silence" him as he had launched an agitation for fair crop price for farmers and against liquor shops in that city in Haryana.
'In the final analysis, all Budgets everywhere are like the schemes hatched by A A Milne's lovable Winnie-the-Pooh.' 'They may be well-intended, but often go awry.' 'Although Pooh and his friends agree that he 'has very little brain', he is occasionally acknowledged to have a clever idea, usually driven by common sense.' 'This Budget at a first glance does not appear to belong to that latter category,' says economist Shreekant Sambrani.
Average delinquency rate for close to 12 months seasoned loans was 9% during 2009.
Gandhi accused Odisha CM Naveen Patnaik of being remote-controlled by Modi
RBI may go for a 25-basis point cut at its February policy meet.
For the first time in the history of Budget-making in India, a single Budget will touch 65 crore Indians, says Shailesh Haribhakti.
Rahul said Modi cannot speak on corruption as the party's chief ministerial candidate Yeddyurappa faced graft allegations.
'The middle class is already alienated.' 'If the stockmarket is destabilised, the BJP is finished; the party will lose in every town.' 'And if the stockmarket crash happens now, the BJP will not cross the 150 mark in 2019.'
If the Indian government insults them, then they will will ensure its removal, Gandhi said.
The April-June quarter GDP slipped to 7 per cent from 7.5 per cent.
'The non-implementation of the Seventh Pay Commission, almost a year after it was implemented for civilians, is gradually beginning to hurt morale in the armed forces,' says Brigadier Gurmeet Kanwal (retd).
The govt said Rs 30,729 crore was required for waiving loans of small and marginal farmers.
If you are bullish on the consumption theme, consider specialised mutual funds that focus on this theme. Remember that such sectoral mutual funds should not make up more than 5% to 10% of your equity portfolio.
Currently, the Department of Agriculture runs two crop insurance schemes, one of which is weather-based.
Bihar Chief Minister Nitish Kumar on Monday said Mumbai and Amritsar will witness "fireworks" if BJP loses Bihar assembly polls, alluding to its strains with allies.
The repo rate could be reduced by 50 bps in the current year.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
The Congress vice president accused the Akalis of trying to set the film 'Udta Punjab', which highlights the drugs problem in the state, banned and said they are not ready to admit the truth as they are "benefiting" from drugs and lawlessness.
It is domestic policy distortions and inaction to correct them that lie behind the large CADs.
Congress on Sunday ridiculed Prime Minister Narendra Modi's assurances to the farmers.
'He is not looking at the interest of farmers. He only wants to do the politics of elections.' 'This Budget is for the new super India. It is exploiting the villages of Bharat.'
The kisan is as integral a part of the BJP's master plan for the 2019 polls as the Dalit because it surmised that the farmers and Dalits were as restive in UP as in much of the country, and if it had to cut its losses, its reflexes must kick in fast. Radhika Ramaseshan reports.
'I want to ask Modiji is the support price announced by him good enough to make a farmer's sons to start farming in their villages?' 'Can he swear by Bharat Mata and say that is true?'
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
Chief minister Shivraj Singh Chouhan's task is to live down the hype and address the nitty-gritty, reports Radhika Ramaseshan.
'Urjit Patel was not quite the picture of courage, but even he turned, he had to turn.' 'Perhaps there is something that is far more sinister than what we are aware of, which is the reason for his resigation.'
According to the report by the global financial services major, the FY2013-14 CAD is expected to be within $36 billion or 2 per cent of GDP, and this fiscal year CAD is likely to be slightly higher but contained at 2.3 per cent of GDP.
'If the money we spend on importing pulses reach our farmers, there won't be any suicides'
Rahul Gandhi on Monday sharpened his attack on Prime Minister Narendra Modi, accusing his "suit-boot" government of being pro-industrialists while ignoring the plight of farmers and farm labour
"Will anybody want a servant that who is on vacation when needed at home? And nobody knows where he is," he continued.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.
The fact that everyone but Agriculture Minister Radha Mohan Singh is speaking on the issue only gives credence to the specious fears of farmers that this government is out to get them. Aditi Phadnis reports
Gandhi said for the first time he has seen that all sections of the society in the state were 'protesting', whether it was the Patidars, Dalits, anganwadi workers or farmers.
Telangana's Rythu Bandhu policy is an embryonic UBI, or rather embryonic QUBI (a quasi-universal basic income, pronounced Kyoo-Bee). And it could potentially also be the future of agricultural policy in India, says Arvind Subramanian.
Online platforms can help buyers and sellers get a fair price and assurance on the car's health.
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