The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high crude oil prices and increased uncertainty due climate changes, NITI Aayog member Arvind Virmani said on Thursday. Virmani also asserted that the gross household savings ratio in India has consistently gone up. In an interview with PTI, he said: "My growth projection (of India's GDP growth) is 6.5 per cent plus minus 0.5 per cent... because my experience is that the fluctuations in global GDP more or less has balanced out for us, assuming normal changes."
The day-long conference will be chaired by Finance Minister Arun Jaitely and presided over by both Food Minister Ram Vilas Paswan and Agriculture Minister Radha Mohan Singh.
The petitioner's lawyer interjected the rules are being framed for the last 5-6 years but nothing concrete has been done yet.
The ATRs have been sought on a range of matters within four weeks, the officials said.
Israel's ministry of defence and the Israel defence forces on Sunday said they are planning to evacuate another 14 communities close to the Lebanese border, The Times of Israel reported.
Lambasting the government for multiplicity of laws and regulations on food safety standards, the Joint Parliamentary Committee report on pesticide residues in soft drinks has asked it to quickly finalise the draft Modern Integrated Food Law.
India's economic growth will be above 6 per cent in the current fiscal as the country has managed to strengthen its macroeconomic stability and performance even in a period of large global shocks, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Monday. Goyal further said that a global slowdown reducing India's export growth, geopolitics fueling oil and food prices, and erratic weather are some of the continuing risks that the country faces. "India has managed to strengthen its macroeconomic stability and performance even in a period of large global shocks.
States have been told to prepare in advance to counter any impact of an adverse southwest monsoon.
In his second term in office, UP Chief Minister Yogi Adityanath has retained 34 portfolios.
The massive explosion at the Al-Ahli Baptist Hospital late on Tuesday night killed 471 people and injured 314 others, the Palestinian Health Ministry has said.
Also, the monsoon this year may end up being the driest since 2015, which recorded a rainfall deficit of 13 per cent, they said.
Improved monsoon, solid fiscal performance, and capex push by the public and private sectors augurs well for India's macroeconomic stability and growth, the finance ministry's monthly economic review for June 2023 said. But the report said that while India's domestic fundamentals remain strong, negative cross-border spillovers and adverse global developments could act as a deterrent in achieving the high growth path this financial year. "An improved matching of aggregate supply and aggregate demand in the Indian economy underpins the progress made in the control of domestic inflation and the consequent strengthening of macroeconomic stability," the review said.
Sonia aid the Congress has been consistent over the years in its strong belief that both the Palestinians and Israelis have the right to live in a just peace.
Concerned over the existence of fake and adulterated food products that do not conform to the norms, the Food Safety and Standards Authority with the ministry of health is coming up with suitable quality parameters to force a recall of contaminated items. The authority will also raise the alarm bells about a product on its own if the item does not conform to the guidelines.
Government's cheap food distribution covers 68 per cent of the population.
Exports declined for the fourth-consecutive month by 10.3 per cent year-on-year to $34.98 billion in May, while the trade deficit widened to a five-month high of $22.12 billion. According to the data released by the commerce ministry on Thursday, key export sectors recording negative growth include petroleum products, gems and jewellery, engineering goods, ready-made garments of all textiles and chemicals. Imports also declined 6.6 per cent, six-month in a row, to $57.1 billion against $61.13 billion in the same month last year, the data showed.
It also directed the BSF to produce before it the investigation report and the steps it has taken with regard to allegations levelled by Yadav.
India's foodgrain requirement is expected to rise to around 61.2 million tonnes against the average procurement of last five years at 51.4 million tonnes.
A high performance drilling machine was brought in Uttarkashi from Indore on Saturday to pierce through the rubble of the collapsed tunnel on the Char Dham route and was being assembled before it is deployed to resume drilling, officials at the site said.
A 5 per cent GST rate kicked in on Monday on pre-packed and labelled food items such as cereals, pulses and flour weighing less than 25 kg.
The state government was informed about the Rs 500 crore bill by the Union home ministry through a letter dated February 6.
Even as foreign investors land in Delhi to attend the first major food processing trade fair, Delhiites queue up to satisfy their tastebuds
As controversy plagues foods again, brandification will bridge the trust deficit, critical for stakeholders.
'I've never seen such cooperation before. Problem solving. Everyone working together. And truthful.' 'Someone from the prime minister's office was there the entire time, at the table, one of the team.' 'Now you have to figure out how to get them out. And I'm just gonna sit here patiently.' 'But if you annoy me, I could actually ruin the whole game for you and for the people in here, which is the avalanche'.
The retail prices of essential food items have fallen by up to 11 per cent in Mumbai and Delhi in the first fortnight of April, much to the relief of millions in these metros who had to shell out 40 per cent more in the last one year.The rates have come down within two weeks of government's price control measures, reversing the trend of spiralling prices.
The food subsidy is likely to touch a record Rs 50,000 crore (Rs 500 billion) in the current fiscal, nearly Rs 18,454 crore (Rs 184.54 billion) higher than Rs 31,546 crore (Rs 315.46 billion) in 2007-08.
Critics have slammed a bloated subsidy that has been proposed for the food security bill, but officials in the government strongly believe that the resultant additional burden will not be above Rs 27,000 crore to meet the commitments under the proposed legislation.
On the brink of capturing the entire rebel-held territory, Sri Lankan troops killed at least 150 Liberation Tigers of Tamil Eelam cadres in the island's embattled north, where a ship carrying biggest-ever food supplies for displaced civilians was ambushed by suspected guerrillas, officials said on Sunday.
Rail travellers will have to wait for a few more days to get branded, ready-to-eat eals on their journeys as Railways and packaged food manufacturers are busy sorting out pricing issues.
As food inflation surged to 18.32 per cent, a top adviser in the finance ministry on Thursday agreed with Home Minister P Chidambaram that the government does not have all the tools to control food prices since it is an enabling body.
In Amman, Biden will meet with King Abdullah of Jordan, Egyptian President Abdel Fattah El-Sisi, and Palestinian Authority President Mahmoud Abbas.
If he is mentally-ill, then why was he sent to the border and was put on duty? asks jawan's kin.
The bill, considered by many in the Congress as a gamechanger which could boost its prospects in the Lok Sabha election, was tabled in the Budget Session but could not be taken up for discussion as Opposition stalled Parliament over a rash of scams under United Progressive Alliance.
The location of the bust of Gandhi has been chosen as a mark of solidarity for peace and non-violence.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances