It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
Subbarao's remarks come against the backdrop of Finance Minister P Chidambaram's assertions in recent weeks that RBI should not focus solely on containing inflation but also look at the larger mandate of growth and job creation.
US urges New Delhi to align its nuclear liability law with the international convention
Taking note of large-scale deaths because of the heat wave in various parts of country, Prime Minister Manmohan Singh has asked a Group of Ministers to discuss and decide on its inclusion as natural calamity.
It's a clear signal that Indian economy is not out of woods.
According to a study, the change in frequency for transmitting mobile signals could cost the telcos over Rs 1 lakh crore (Rs 1 trillion) cumulatively.
Presenting the Top 20 of 100 science colleges as per India Today's findings.
Presenting the Top 20 of 100 science colleges as per India Today's findings.
Former Prime Minister Manmohan Singh has to make up his mind whether or not he wants to write his autobiography, his daughter Daman Singh has said.
Huge gold imports have put pressure on the country's CAD, which in turn is affecting the value of rupee.
Since 2004, Montek Singh Ahluwalia, one of the commission's longest serving deputy chairmen, has been trying to mould it to fit into the new economic order, without much to show for his efforts.
Set up by India's first Prime Minister Jawaharlal Nehru, the Planning Commission brought 12 five-year plans and six annual plans involving fund outlays of over Rs 200 lakh crore in its nearly 65-year-history.
The Prime Minister directed that a special cell be created immediately in the Cabinet Secretariat.
Anil Swarup, who conceived the Rashtriya Swasthya Bima Yojana -- a scheme the United Nations Development Programme and the International Labour Organisation recognised as among the finest -- speaks to Anjuli Bhargava.
Status to enable Arvind Panagariya to attend Cabinet meetings.
Economists who get too close to prime ministers eventually come to grief after their boss is defeated
'A lot will depend on the first Aayog and the power it derives.'
'If anyone is able to understand the importance of Modi's endeavours to revive the economy -- even against opposition from sections of his own saffron brotherhood -- it is the former prime minister,' says Amulya Ganguli.
The original idea was to replace the existing schemes for scheduled castes and tribes.
'Similarly, he is against Dalits forgetting that the only way to get rid of poverty is to empower poor people.'
The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.
Assessment note says panel acts as control commission, especially in fund allocations to states.
Hard and unpopular decisions are needed - not just another round of financial repackaging to sort out the discom mess.
If the EC decides to put on hold a gas price revision for RIL, it would set a precedent for pricing decisions of the government and policy decisions taken but undergoing procedural delays.
Modi has the ideas for a new, hopeful India, and an idiom in which to sell optimism to voters. But he doesn't yet have the team for it, and soon enough, questions will begin to be asked by an impatient, non-ideological, I-don't-owe-anybody-anything generation of Indian voters, says Shekar Gupta.
During the Congress regime, India did witnessa slew of reforms which are now taken up by the Modi government too.
'We are witnessing a spectacle of breathtakingly creative diplomacy at work, riveted on the firm foundations of the country's strategic autonomy,' says Ambassador M K Bhadrakumar.
Prime Minister Manmohan Singh has said that whatever action is required in Syria should be under the UN framework, amid growing pressure on US President Barack Obama from his Russian counterpart and other world leaders not to attack the Arab country.
'Karna is the greatest warrior in the Mahabharata -- in fact, Arjuna is a nobody in front of Karna.' 'But Arjuna had a better advisor in Krishna than Karna.' 'Karna failed because he listened to the wrong advice given by Salya.' 'It just shows wrong advisors can land even the mighty in trouble.'
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
Internal report, to be finalised in seven-10 days, may also suggest reduction in subsidies
A Ganesh Nadar listens in during Congress spokesperson Sanjay Jha's speech to the IMC in Mumbai.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
The G20 summit has failed to heal the rift over US plans for military action against the embattled Syrian regime, as American President Barack Obama and his Russian counterpart Vladimir Putin could not reach consensus on Friday during "candid and constructive" talks.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
When Prime Minister Narendra Modi recently extended a Rs 8,000-crore (Rs 80 billion) central support for building roads in Jammu & Kashmir, Union Cabinet's approval for the big-ticket announcement came in barely 48 hours.
The Planning Commission has not been central to the policy making process since the mid-1960s, says Nitin Desai.
I still believe that it is a good thing that think tanks are mushrooming in Delhi. They provide a platform for discussion, even if they shed more heat than light. With Parliament almost incapable of serious debate, informed discussion and civilised discourse, where does this nation get its intellectual churn, asks Mohan Guruswamy.
