A new committee chaired by former Chief Economic Advisor Shankar Acharya will examine the feasibility of having a 'new financial year' to coincide with the calendar year.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
References to Balochistan, Gilgit and Pakistan-occupied Kashmir by Prime Minister Narendra Modi signals a change in India's Pakistan policy, top American experts on South Asia have said as they sought more clarity on New Delhi's new approach towards disturbed areas in Pakistan.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.
Punita is the founder and managing partner, Pacific Paradigm Advisors
India's fiscal policy is not supportive of monetary measures that the country's central bank is employing to fight rampant inflation, the prime minister's honorary economic advisor and former International Monetary Fund chief economist Raghuram Rajan said, while singling out the proposed Food Security Bill as a particular cause for concern.
'The border has stayed the way it was for over 30 years, and they are now trying to change it'
Blame stubborn procurement policy as the root of all evil.
Finance Commission has got new team who are committed to growth initiatives.
'There will be significant political traction for him. But how much, we don't know yet'
Inflation is awfully close to 10 per cent, double digits. The main concern is that it has persisted at that level for a long time. The RBI would have to take that persistence into account, suggesting that it is still a problem and vigilance is still required on inflation.
Inflation is awfully close to 10 per cent, double digits. The main concern is that it has persisted at that level for a long time. The RBI would have to take that persistence into account, suggesting that it is still a problem and vigilance is still required on inflation.
For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came down to 3.4 per cent by 2018-19, with two slippages from the budgeted targets, in 2017-18 and 2018-19, the former due to introduction of the GST, says Arup Roychoudhury.
Some US prominent lawmakers have urged the American government to follow suit as it is believed that the short video-sharing app is a major security risk to the country.
The reform priorities are clear: enhance savings, improve productivity. Just 25 basis points of moving interest rate up or down would not boost investment: Former RBI Governor Y V Reddy.
Moeed Yusuf, South Asia advisor at the United States Institute of Peace and one of the rising stars among South Asia policy wonks in the country, who has done extensive field research on the youth of Pakistan, has said they are virulently anti-extremist. He said that 67.1 percent of the Pakistani population is below the age of 30 and "So, wherever this particular demographic decides to take Pakistan, is going to be the destiny of this country."
India's ongoing inflation-related worries must not be seen in isolation. Instead, it is a challenge being faced by several emerging economies, the finance ministry's chief economic advisor Kaushik Basu said on Tuesday, while also calling for concerted international action to deal with the issue.
"The President very much welcomes India's Look East approach. We believe that just as the United States, as a Pacific Ocean power, is going to be deeply engaged in the future of East Asia, so should India as an Indian Ocean power and as an Asian nation," Deputy National Security Advisor for Strategic Communication Ben Rhodes said.
The Reserve Bank of India is widely expected to lower interest rates for a third time this year.
Moreover, it will take some pressure off Indian negotiators in the different investment and trade negotiating forums where the country is routinely castigated for its restrictive policies in key economic sectors.
A scene of a play and a conversation between two key characters were snipped from the first episode Tanashah, a day after the cast and crew of the nine-part starry political saga on Amazon Prime Video once again apologised and said they had decided to implement changes to address the concerns raised.
'India's biggest loss is that we will not have anyone as principled and as courageous as Rajan.'
His comments followed release of latest data showing food inflation at nearly four-year low of 4.35 per cent during the week ended December 3, reflecting a decline in prices of essential items like vegetables, onions, potatoes and wheat.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Ajit Doval is now India's all-powerful security boss. This concentration of power disrupts our layered security system. Will it not weaken whatever remains of the power and authority of the home, defence and finance ministers? asks Shekhar Gupta.
The Congress leader asked the government to not resort to further unorthodox, short-term economic measures that can cause any more uncertainty in the economy.
'Imran Khan would only have spoken with the full awareness of Modi's complex political personality.' 'He has the great advantage of being privy to the confidential exchanges between then Pakistan prime minister Nawaz Sharif and Modi during the latter's celebrated surprise visit to Lahore in December 2015 as well as the 'back channel' conversations between the national security advisors of the two countries,' says Ambassador M K Bhadrakumar.
The former finance minister was in Mumbai to address Congress party's poll rallies.
'Is the appointment of a CDS likely to achieve the creation of battle-ready, tri-service military commands, from the current 17 single-service commands?', asks Ajai Shukla.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
What needs to be understood is that not one, but three cancers afflict Pakistan
Although the first woman to hold the position of chief economist at IMF, it would be wrong to see her appointment through the lens of gender
The 70-year-old reality TV star has strongly refuted reports of any relationship with Putin and has said he has never met the Russian president.
Foreign policy expert Dr Ashley J Tellis believes there are three fundamental objectives that Prime Minister Manmohan Singh's visit to the United States can accomplish.
'Vijay Gokhale's appointment as foreign secretary can be regarded as a certain 'adjustment' that could make a difference to the poor climate of India-China relations,' says Ambassdor M K Bhadrakumar.
Foreign Policy, a global magazine on politics and economic, has chalked out a list of top thinkers of 2010. Nine Indians or those of Indian-origin make the cut. Here's a list.
A first-of-its-kind anti-terror academy will come up in New Delhi to keep detectives ahead of the terrorists.
The agenda of the talks will be to firm up a roadmap for disengagement of troops from all the friction points in eastern Ladakh, the sources said.