'Has the time come to devise Version 2 of ad hoc T-bills?' 'In return, the government must agree to privatise all but five or six banks.' 'If something like this is not done, we will have governments going on the rampage, with increasing frequency,' says T C A Srinivasa Raghavan.
The Budget may see new rural schemes and stepping up of funding towards existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.
Defending Champions Ranchi Rays completed a hat-trick of wins after eking out a 3-2 win over table toppers Kalinga Lancers in a round robin match of the fourth Hockey India League, in Ranchi, on Thursday.
'The RBI is something like a seat belt. As a driver, the driver being the government, it has the possibility of not putting on a seat belt but of course if you do not put on your seat belt you get into an accident and the accident can be quite severe,' Raghuram Rajan told CNBC TV18. 'The aim of the board is to be Rahul Dravid -- sensible, thoughtful and not, with due respect, Navjot Sidhu,' he added.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
FC Goa returned the favour just four minutes later when Seriton Fernandes and Alberto Noguera played a quick one-two, before sending the former free on the right flank.
Swadeshi economist, columnist and chartered accountant S Gurumurthy speaks to Shobha Warrier about one year of Modi Sarkar.
Paris St Germain buried the ghosts of their embarrassing 2017 exit as they drew 1-1 at home with Barcelona on Wednesday to complete a 5-2 aggregate victory that sent them into the Champions League quarter-finals.
Ahead of the general elections, a slew of states and also the Centre had doled out sops to the marginalised sections, including the farmers and the poor.
All the results from the I-League and ISL matches played on Sunday
Economic growth in the last two years has stayed above seven per cent.
Trump is demanding China to reduce the $375 billion trade deficit and protection of Intellectual Property Rights, technology transfer and more access to American goods to Chinese markets.
The Petroleum Ministry has allocated additional natural gas from Reliance Industries' eastern offshore gas fields to three power plants to meet electricity deficit in northern states reeling under drought.
Top seed and defending champion Roger Federer battled past in-form Russian Daniil Medvedev 6-4, 4-6, 6-4 to reach the last-16 at the Shanghai Masters on Wednesday.
Currently, 23 power units with a cumulative capacity of 30,000 MW have super critical coal stock situation A lack of synchronised approach between the concerned ministries and power plants, has led to this crisis, says Shreya Jai.
In his first interview since becoming the chief economic advisor, Arvind Subramanian agrees the Narendra Modi government has taken some initial steps to revive private investments but says many more measures would be required to restore macroeconomic stability - reining in inflation and fiscal deficit - and bring the economy back on high-growth path. Subramanian, who has earlier worked in the research department of the International Monetary Fund, tells IMF Survey, an online magazine of IMF, that the Gujarat model is to be replicated across India but there also are macroeconomic problems at the national level that need to be addressed.
'There is little appetite in the Democratic foreign policy establishment to pick a fight with India.'
'A buoyant market economy is one which is led by the innovation and imagination of private persons,' notes Ajay Shah.
Paris St Germain reached the Champions League semi-finals despite a 1-0 home defeat by holders Bayern Munich as they progressed on away goals
P V Sindhu caused the biggest upset in the women's singles of the badminton tournament at the Rio Games, shocking China's world No 2 Wang Yihan 22-20, 21-19 to enter the semi-finals on Tuesday night.
The NSE Nifty ended up 19.65 points, or 0.20 per cent, at 9,788.60 after shuttling between 9,854 and 9,775.35 during the day.
Army Chief Gen Bikram Singh on Monday opposed any dilution of the Armed Forces Special Powers Act in Jammu and Kashmir, saying any decision to revoke it from any part should be taken only after getting inputs from security agencies and stakeholders.
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.
Need of the hour is to spend to grow more, the study said.
The government's fiscal deficits have reduced over the last five years.
Hitting GDP growth of more than six per cent will require substantial foreign direct investment, especially if household savings largely continue to remain locked.
The government had no option but to cut spending to meet its borrowing targets.
Chennaiyin FC went through to the final 6-5 on aggregate, thanks to their 4-1 victory at home in the first leg.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
Whatever its apprehensions and concerns about the regime of the Rajapaksa clan, India must be ready with unconditional assistance when Colombo asks for it. Because it will, observes Aditi Phadnis.
A government that confuses PowerPoints for policy is delaying structural change too much.
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
The agency attributed the sharp revision to various high-frequency indicators showing a softness and partly blamed the same to reforms like GST, real estate regulation, and the bankruptcy code which are still a "drag" on the economy.
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
Until last week the government's divestment plan was struggling, but it got a boost from a $1.1 billion offering of miner NMDC.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
NorthEast United got the better of Mumbai City yet again, doing a double over the Islanders with a 2-1 win in the Hero Indian Super League
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
The losses in state elections in Rajasthan, Madhya Pradesh, and Chhattisgarh have put the ruling party under pressure to announce swift measures aimed at addressing rural distress and lack of employment.
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