Adani group saw a 55 per cent profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a $90 billion capex over the next decade. Emerging from a damning report of a US short seller, which hit market value of its listed companies, Adani group in 2023-24 (April 2023 to March 2024) fiscal focused on containing debt, reducing founder share pledge and consolidating business in core competencies.
The Planning Commission in May 2012 had constituted the expert group under the then Prime Minister's Economic Advisory Council Chairman C Rangarajan to review the Tendulkar Committee methodology for estimating poverty, following an uproar over the number of poor in the country.
Though it still has only a single-digit share in total electricity production, India has been looking to tap nuclear power faster.
The Competition Commission of India (CCI) has flagged possible anti-competitive concerns with respect to the proposed USD 8.5-billion Viacom18-Star India merger and has sought detailed responses from the parties concerned, sources said.
Delvin's post-mortem was conducted on Monday and his body handed over to his family. His uncle will take the body to his village in Thiruvananthapuram.
The government is trying to promote infrastructure development through PPP projects and has suggested the state should pick projects under this mode in a big way.
The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.
Coinciding with the 3-day traders stir against the implementation of value added tax, the Mid-term Appraisal of the 10th plan has pointed to "serious design flaws" in the tax even as Planning Commission Deputy Chairman Montek Singh
From florists in Ghazipur's phool mandi to sweet shop owners in Old Delhi's Chandni Chowk, the preparations, if not the sales, have already begun.
Health and education sectors will get just 61 and 60 per cent of the funds earmarked in the 11th Plan period, according to estimates prepared by the Planning Commission.
The Planning Commission has scaled down the growth rate for the Eleventh Plan ending 2012 to 8.1 per cent from 9 per cent in the wake of the global financial crisis that slowed the pace of economic expansion.
The initial draft of the approach paper to the 12th Plan had set a target of 9-9.5 per cent growth, depending on the global economic scenario.
On a daily basis, AMCs are required to disclose the Total Expense Ratio of all mutual fund schemes except infrastructure debt fund schemes on their respective websites.
CCI decided to pursue investigation on two issues - these relate to "exclusivity regarding the mode of payment for the purchase of apps and in-app purchases" and "pre-installation and prominence of Google Pay on Android smartphones".
"The IAF played a vital role in five of the seven phases of the general elections, flying over 1,000 hours in over 1,750 sorties," it said.
With over half the Plan funds that Parliament approves being spent through non-government channels, to cite the figure in CAG Vinod Rai's presentation to the Planning Commission, members of the Parliament have no way of knowing whether the money is properly spent.
Planning Commission to ask Prime Minister's Office to intervene.
Document to talk about social unrest, energy shortages, global factors.
The planning commission has begun work on the approach paper for the eleventh Five-Year Plan (2007-12) and would soon set up steering committees and working groups for the purpose but is yet to fix the growth target for the next plan period.
Delhi may become the first state to move to direct cash pay-outs of subsidies on kerosene sold through the public distribution system (PDS). The petroleum ministry said it has "welcomed" a proposal to this effect from the Planning Commission, which acted on a plan suggested by Delhi Chief Minister Sheila Dikshit.
"The performance of the public part of the (PPP) project should be subject to proper scrutiny but obviously where the private sector (is given) flexibility ... you cannot subject that to CAG scrutiny," Montek Singh, Planning Commission Deputy Chairman said when asked whether there is case for CAG scrutiny of PPP projects.
The National Human Rights Commission, in its report, also observed that the "pervasive fear of reprisal, coupled with the power dynamics at play, acted as a formidable barrier", preventing individuals from voicing their grievances.
The implementation of their recommendations means that an adequate apparatus to change this is at the disposal of the government.
Clouded by the global economic meltdown that began in 2008, the current Plan (2007-12) needed a lot of scaling down of the targets and the mid-term review was quite straight about it.
The others who will be joining the commission as members are Narendra Jadhav, honorary vice-chancellor of Pune University and Mihir Shah, secretary of Samaj Pragati Sahayog. The government has also retained Abhijit Sen, Syeda Hameed and B K Chaturvedi as members in the reconstituted commission, sources in the Prime Minister's Office said.
Aiming to improve the living standards in the country, the 11th Plan draft document has set ambitious targets of per capita income growth of 7.6 per cent each year and an overall average economic growth of nine per cent. The Plan aims at an average growth rate of 9 per cent, accelerating it from 8 per cent in the first year of the Plan (2007) to 10 per cent by the end of the Plan period (2011-12).
Political parties and leaders wait with bated breath for the Haryana and Jammu-Kashmir assembly poll results on Tuesday.
The Full Planning Commission is all set to approve the 12th Plan document that seeks to raise the average annual economic growth during the five-year period ending March 2017 to 8.2 per cent from 7.9 per cent achieved in the previous Plan on Saturday.
Khedkar allegedly misrepresented information in her application for the UPSC Civil Services Examination, 2022 to get reservation benefits.
A joint statement issued at the end of an India-Japan energy dialogue said both the countries would explore ways and means to further cooperation in the field of new and renewable energy sources.
"Pawar said April 4 in the afternoon will be convenient for him as Parliament session would be over by then. Accordingly, the Commission has summoned him on April 4," Malik told reporters at the state secretariat in Mumbai.
Updated new base years for national accounts and other macro-indicators are expected to come into effect from January-February 2026, coinciding with the first and second advance estimates of national income for FY26, senior official sources aware of the development told Business Standard. "The statistics ministry set up the Advisory Committee on National Accounts Statistics (ACNAS) earlier this week. "It will advise on the base year for GDP (gross domestic product) and its alignment with other macro-indicators.
Gen Dwivedi, who has vast operational experience along the frontiers with China and Pakistan, was serving as the Vice Chief of the Army.
As the country grapples with a string of corruption issues, the approach paper to the 12th Five-Year Plan, which is in final stages of preparation by the Planning Commission, will focus prominently on governance issues.
Renowned economist Arjun Sengupta and Congress Economic Affairs Secretary Jairam Ramesh are among the front-runners for the post of Deputy Chairman, Planning Commission, which fell vacant following the resignation of K C Pant.
Embarrassed by the debate on whether its suggestion that a human being can live on Rs 32 a day in urban India, the Plan panel has said those who are not really poor should be excluded from being enumerated as being poor.
