Pranab Mukherjee takes pride in being cautious.
In this interview, Rakesh Mohan spoke on a range of issues about the challenges he faced during his stint at the central bank and the journey from handling the real economy sectors to monetary economics
Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.
A 12-year-old girl was killed after she came in contact with a dangling live wire that got torn during the squall in Botanical Garden area in Howrah city, the police said.
Women politicians bring to politics and policy a sensitivity that most of their male counterparts, at least until a generation back, lacked.
Minister of state for home affairs Sri Prakash Jaiswal said that the centre would help Rajasthan goverment to ensure that the IPL matches go on without hindrance.
Bankers on Wednesday asserted that interest rates were unlikely to go up in the immediate future. They said this on the eve of a crucial meeting of state-owned bank chiefs with Finance Minister P Chidambaram, where the government is expected to signal a bias towards a soft interest rate regime.
Several major cyclones have hit various parts of India over the last 10 years. Here is a look at the notable among them.
Chidambaram to meet ministries' financial advisors, PM's economic council.
A senior police officer said adequate security arrangements have been made on the campus to maintain peace and tranquillity in the area.
Protests against remarks on Prophet Mohammad by two suspended BJP functionaries had turned violent in a few districts of the state, including Howrah and Murshidabad
The finance ministry is likely to float a discussion paper next month on the proposed new income tax law, which aims to simplify the existing law and phase out tax exemptions.
The roll-out of 3G or third-generation mobile telephony services, scheduled for this year-end, may be delayed after the Ministry of Finance strongly criticised the Department of Telecommunications for announcing 3G guidelines without consulting it. In a communication with the DoT earlier this week, the finance ministry said the move was inappropriate and contrary to a 2003 cabinet decision.
From the drones show to projection mapping show, this year's ceremony also presented quite a few firsts.
In his opening remarks at the virtual summit of the Shanghai Cooperation Organisation (SCO), Modi also said that some countries use cross-border terrorism as an instrument of their policy and the grouping must not hesitate to criticise them.
When the Monopolies and Restrictive Trade Practices Commission shot off notices to 14 cement producers on July 25 for allegedly colluding to raise prices, it was New Delhi's latest flank against the industry.
IPS officers from 1993 to 1996 batches can now start polishing their resume as Home Minister P Chidambaram is on a hunt for a trusted lieutenant.
The newly appointed Union Finance Minister Pranab Mukherjee took charge of his new office in north block, returning to it after a gap of 24 years. The Finance Ministry office, which has been sealed off to outsiders and particularly prying journalists with the vote-on-account preparations in full swing, was on Thursday opened up at 4 p.m. when the media was invited in to cover the taking over ceremony.
Images from the English Premier League matches played on Saturday
All FIPB records will now be digitised; old and unnecessary files will be weeded out
The Finance Ministry may introduce a proposal in Budget 2008-09 to allow urban cooperative banks to get tax deductions up to a specified limit for the amount they set aside as provisions for bad loans.
Relations between the Mint Road and North Block have often been frosty, with the former's calls for lowering rates being the biggest point of difference
Under this scheme, North Block may waive both interest and penalty for defaulters and an announcement to this effect is expected in Budget 2008-09 due next month, according to a senior finance ministry source.
The finance ministry is expected to announce the abolition of tax deducted at source (TDS) on corporate bonds in Budget 2008-09, official sources told Business Standard.
7/11: Home secy given evidence of Pak hand
The Reserve Bank of India may soon be given the job of both collecting and processing inflation data.
The implementation of the commodities transaction tax is likely to be delayed to the end of the year or even next year, thanks to the spiralling inflation and its political fallout.
A round-up of Wednesday's action in the UEFA Champions League
There will be no second term for President Kovind and no elevation for Vice President Naidu.
Unlike the finance ministry which takes a larger view, the commerce ministry only looks at exporters' interests.
On Saturday, the quake measured 4.4 on the Richter scale in Vijayapura bordering Maharashtra, and there was another tremor of 1.8 this morning in south Karnataka.
Among those killed were eight from TMC, and one worker each of the BJP, the CPI-M, the Congress and the ISF.
If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.
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