The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for vegetables.
Prime Minister Narendra Modi who inducted 19 new ministers into his Cabinet on Tuesday has carried out major changes in the portfolios of his top ministers.
Karnataka Governor H R Bhardwaj, who is gunning for the removal of Reddy brothers from the state ministry on the issue of illegal mining, met Prime Minister Manmohan Singh and Home Minister P Chidambaram and is understood to have discussed the issue.
The Union government has threatened to cancel coal block allocations of as many as 17 companies for failure to develop those allotted to them years before. These include big companies such as Tata Iron and Steel, Sterlite Energy, GMR Energy, ArcelorMittal India, Reliance Energy, GVK Power, Lanco Group and Rungta Mines.
P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.
The only fuel that showed growth was LPG as the government dole of free cooking gas cylinders to poor households fired up consumption by 21 per cent during April 1 to 15.
Karnataka Chief Minister B S Yeddyurappa on Friday called on Governor H R Bhardwaj, who is gunning for the removal of Reddy brothers from the state ministry, and conveyed the government's stand against a CBI inquiry into the illegal mining scam at this stage.
The Central Bureau of Investigation on Monday filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts and making "fraudulent" claims to "embellish" its applications to get allotments between 2006 and 2009.
Karnataka Governor H R Bhardwaj on Tuesday asked for removal of the controversial Reddy brothers from the state ministry on allegations of "illegal mining", a demand that riled the BJP which hit back at him saying he was acting as a "rank agent" of the Congress.
India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections released on Thursday. Amid overall decline in economic activities, some respite was provided by the agriculture sector and utility services like power and gas supply, which have been projected to post positive growth during the current fiscal ending March 2021.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
After defence, the Commerce and Industry ministry has started the exercise to relax foreign investment norms in the railways sector by permitting 100 per cent FDI in high-speed train systems and dedicated freight lines.
Industry observers were anticipating further divestment in the two public sector companies. The government has already divested about 13 per cent of its stake in aluminum producer Nalco and 0.41 per cent in the copper firm Hindustan Copper. Both, the companies are listed on the bourses.
China on Wednesday rejected a $2.4bn Coca-Cola deal that would have been the country's biggest foreign takeover, stoking fears of protectionism and warnings the decision could scupper Beijing's push to invest in overseas mining companies.
Ambassador Natarajan Krishnan and Ambassador Shankar Bajpai helped shape Indian foreign policy at a glorious, but difficult, time in history, recalls Ambassador T P Sreenivasan.
The government may claim planted trees compensate for forests lost, but that does not mean complex flora and fauna destroyed have been restored, points out Himadri Ghosh.
A senior state BJP leader had said earlier in the day that Sawant would induct BJP MLA and Deputy Speaker of Goa Assembly Michael Lobo, and three of the ten MLAs who have switched over from the Congress.
'Defaulters like Mallya can't be offloaded, but activists like me are. And that too for raising questions.' 'Today, what is the meaning of development?' 'Take over land, water and forest from the Adivasis and hand it over to corporates.' 'I am surprised how a minister who is supposed to protect the forests and the environment is happy reaching out to investors for more and more clearances.'
Home Minister also said CDs of Naik's speeches are being examined and asserted that the government will not compromise on the issue of terrorism.
Zama, however, said the unions would keep resisting any move that could undermine the position of Coal India.
The President may not have agreed with the government on many occasions. Not once was this ever made public -- though he told off ministers in private.
The government is likely to take a call on the much-talked about divestment in Hindustan Copper next week.
Prime Minister Narendra Modi's decision to open commercial coal mining to private players is a key step towards bringing order to the country's chaotic power industry and ending the chronic blackouts that impede its economic rise.
Speaking at a seminar in New Delhi, Madhav stressed that culture and religion have been the major aspect of ties between India and Southeast Asia
'The Naxalite strategy is to periodically attack police forces to provoke a reaction.' 'Once the security forces over-react and cause suffering to innocents by high-handed actions, the people will be alienated and support the revolution.' 'This appears to be the Naxalites' strategy and hence, their recent brutal killings of policemen,' says Colonel Anil A Athale (retd).
Official sources say that the finance ministry is aware of the possible spike in smuggling activity and has already asked intelligence agencies to tighten their vigilance and come down on the unofficial entry of gold into India.
'We need uranium to fuel our reactors. Our scientists and engineers have been handling uranium safely since 1967. They must not feel disheartened by the activities of well motivated local or foreign agencies.'
Some 74 projects from Odisha and another 51 projects from Chhattisgarh have lined up before the Project Monitoring Group.
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But critics caution that over-centralisation can lead to new bottlenecks
Following are the names of some high-profile people who have been put behind the bars
The government has threatened to cancel the coal block alloted jointly to ArcelorMittal and GVK Power in Jharkhand for the inordinate delay in developing the property.
As it wants to put a sizeable number of shares in the market and also offer them to employees and farmers displaced by its mines.
'China is concerned about its impact within Tibet.'
With big data analyses, your investments, spends and big purchases are being tracked more closely now by the income tax department.
The Finance Ministry expects the economic growth in the current fiscal to improve to 5.5 per cent from 5 per cent last year on back of likely pick up in agricultural output on account of good monsoon rains.
'Suspect all, fix all.' 'It is this mindset that begins at the very top of an establishment and then trickles down and across,' notes Shekhar Gupta.
Sitharaman exhorted the states to work together with the Centre, stating that while the Union government sets the direction of economic growth, it is for the states to ensure effective implementation on the ground.
Key sectors of the Indian economy shed half a million jobs in the final three months of last year as the global slowdown took its toll on one of the world's fastest growing big economies.
Main opposition Bharatiya Janata Party on Monday once again targeted Prime Minister Manmohan Singh in Rajya Sabha on missing files pertaining to coal mines allocation saying the scam is "monumental" and demanded that he clarify on it.
