All members of the Planning Commission have submitted their resignations to the Prime Minister's Office paying the way for reconstitution of the institution.
India should accelerate the pace of reduction of customs duty rather than merely carry on building up the foreign exchange reserves, according to Montek Singh Ahluwalia, former finance secretary and one of the authors of India's economic reforms.
Hours before Bharatiya Janata Party's Parliamentary Board meeting in New Delhi, senior party leader Murli Manohar Joshi had called Gujarat Chief Minister Narendra Modi as "chokh maal" (best product).
What the Indian economy looks like next January will influence her view on India, not her genetics, notes Shekhar Gupta.
China is willing to encourage Chinese companies to invest in Indian industrial parks to produce personal computers, Internet equipments, cell phones and televisions.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
'We first need to acknowledge the truth.' 'We are trying to diminish the problem and say, everything is okay and green shoots are emerging.' 'Imagine you are a doctor and not getting accurate medical reports, how do you diagnose and treat the illness?' 'We are not dealing with a terminal illness here, we are dealing with BP and cholesterol, which are imminently curable.'
In the mid-1980s, India and the US struggled to arrive at sufficient confidence for Washington to even sell a supercomputer to India for monsoon prospecting. Now, the most sensitive military technologies, data, and intelligence resources are being shared. This would not have happened without that one, big deal that changed the fundamentals of India-US relations, notes Shekhar Gupta.
Kamal Nath will need to watch his back because given the slender majority, there is no doubt that the BJP will try to topple his government.
Within hours of the government announcing a new body to replace Planning Commission, the Yojana Bhawan staff began hectic preparations to welcome new Vice-Chairman of Niti Aayog and other members who are likely to be appointed shortly.
Diversified business house Trident Group would become the first corporate to use Aadhaar Payment Bridge (APB) for disbursal of salaries to its employees.
Ace golfer Gaganjeet Bhullar has won the best pro award at the Take Solutions India Golf Awards held recently at a city hotel in Gurgaon.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
The assessment sent to the Prime Minister recommended that a new think-tank be set up with experts of domain knowledge to replace the plan body.
The term of the members of the Planning Commission is co-terminus with the Prime Minister and they would be submitting their resignations once the new government is formed after the ongoing general elections next month.
Irked over the notice sent to him by the National Commission for Women over his remarks on rape, Samajwadi Party supremo Mulayam Singh Yadav on Monday accused the NCW of insulting him.
Taking potshots at Congress, rival Bharatiya Janata Party on Friday claimed that the decision of Finance Minister P Chidambaram to opt out of the Lok Sabha poll race indicated the state of affairs in the party as it was "running away from the contest".
The shift was sudden, quite unlike Shukla's departure from North Block, which had been anticipated for some months even before Singh''s first Budget.
The quiet corridors of the Planning Commission were again agog with activity following talk that the central government would soon announce the former's much-awaited reconstitution.
The 64-year-old Planning Commission, a vestige of the socialist era, will soon become history.
The term of the Deputy Chairman and Members of the Commission is coterminous with that of the Prime Minister and all of them have resigned following the change of government last month after the general elections.
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The growth has not been very robust in the first two financial years of the 12th Plan.
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The cap on FDI in retail has been totally removed, while the limit in insurance sector has been enhanced to 46 per cent.
Prime Minister Manmohan Singh on Monday constituted a Cabinet committee to oversee reconstruction and rehabilitation in flood-ravaged Uttarakhand.
Tourist visa on arrival for 40 more countries including US, UK and Germany could become a reality soon.
Manmohan Singh, reveals the former President, was keen that either P Chidambaram or Montek Singh Ahluwalia be the finance minister.
A number of industrial countries are now resorting to populism and this has its own set of political implications.
Hectic preparations are on at the newly-formed Niti Aayog to welcome the first Vice-Chairman Arvind Panagariya and other members whose appointments were approved by Prime Minister Narendra Modi on Monday.
As cricketing ability goes, there is no comparison between Sanjay Manjrekar and Sachin Tendulkar. But while the former has produced a wonderful autobiography, the latter's book is deadly dull. In batting, they were the exact opposite: Manjrekar was a bore and Sachin an absolute marvel, says T C A Srinivasa-Raghavan.
The government had budgeted revenue realisation for 2012-13 fiscal at Rs 10.38 lakh crore (Rs 10.38 trillion).
Tourist visa on arrival for 40 more countries including the US, the UK, Brazil, Germany, Canada and Australia, would soon be a reality as the Home Ministry is expected to clear the proposal soon.
In his attempt to revive a beleaguered Congress, Rahul Gandhi is trying to bring in new leadership in the form of Rajeev Gowda and BK Hari Prasad, whose names have been nominated for the Rajya Sabha, says Renu Mittal.
The Plan Panel was set up by a simple government resolution in March 1950 had withstood many political and economic upheavals.
India and Japan on Friday decided to more than treble their currency swap arrangement from $15 billion to 50 billion in a move seen as sending an important signal for the rupee.
For a bunch that fancies itself so greatly and does not hesitate to express an opinion on everything, this is very odd behaviour, says T C A Srinivasa-Raghavan.
A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.
While its widely being publicised that Environment Minister Jayanthi Natarajan resigned from the council of ministers to work for the Congress party ahead of the crucial Lok Sabha polls, political observers point out that 'growing unhappiness' over her performance during her ministership could have possibly led to the move. Renu Mittal reports.
'One wishes that today's 'take no prisoners' brand of politics would give way to an understanding of the national interest that is shared by both government and Opposition.'
