Krishnamoorthi, 43, won the Chicago-area US House of Representatives seat, the 8th Congressional District, vacated by Tammy Duckworth who won Illinois's US Senate seat.
She would be the first Indian to be occupying the coveted post at IMF after former RBI governor Raghuram Rajan
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
RBI Governor Raghuram Rajan is regarded as credible by global financiers.
'We are not able to manufacture even low-end products as cheaply as China.' 'We are not buying Chinese goods today out of any love for China.'
'While they were respectful of the PM, it was clear that as ministers, they owed their positions as much, if not more, to Mrs Gandhi.' 'When attacks were mounted on the PM, there was very little coordinated effort by the Congress, UPA ministers or other politicians to speak up in his favour and strongly defend him.' B K Chaturvedi, Cabinet Secretary during the early years of UPA1, reveals how the Manmohan Singh-Sonia Gandhi equation worked. A riveting excerpt from Chaturvedi's memoir, Challenges Of Governance: An Insider's View
The introduction of this arrangement is justified because internal or homeland security requires a kind of expertise different from external policy making and the ability to co-ordinate the internal security functions of not only all the federal departments, but also of the states. A person with a purely academic or diplomatic experience may not be able to do justice to this.
Menon has somehow come to symbolise the 'Sharm-el-Sheikh' line of India's neighbourhood policy -- unlike his hard-line predecessor who instinctively trusts crisis management to problem-solving. A 'greening' of the national security establishment is overdue and it will be in sync with the spirit of our times.
The group will be in a better position to now scale up most of its segments irrespective of government policy, but the bad news others add is its growing debt.
Risk aversion is currently a dominant depressant to economic recovery, points out Shankar Acharya, former chief economic advisor to the Government of India.
Prices of food articles contracted by 3.47 per cent in June on a yearly basis. Vegetable inflation stood at (-)21.16 per cent.
The US president, who has expressed disappointment over China's handling of the COVID-19 pandemic, claimed that it was the "incompetence" of Beijing that led to the mass killing across the globe.
Sinha said there has been an increase in terror... not only the incident in Udhampur and Gurdaspur there has been a spate of terror attacks and even today there have been terror attacks in which policemen have been killed.
Reciprocity of tariff restrictions will help fair trade, but a country's trade policy should be driven by national interest.
In what could have repercussions for the country's exports, the finance ministry has sounded a word of caution on world trade recovery, even as global recession appears to be on its way out.
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
Online retail in the country is expected to grow to $200 billion by 2026, up from $15 billion in 2016.
Various global and domestic factors had a sizable impact on the performance of the Indian markets
According to latest figures, food inflation stood at 19.83 per cent during the third week of December.
Keeping patience while making a financial decision is one thing millennials need to learn, says Naval Goel.
"The world is in general equilibrium. A small change in one parameter effects changes in all variables. So Krishna advised: Sukh Dukhe...," Subramanian Swamy tweeted.
As the border standoff entered the sixth month, an early resolution to the row appeared dim with close to 100,000 Indian and Chinese troops remaining deployed in the high-altitude region and showing readiness for a long-haul. There is no official word on the talks yet but sources said the agenda was to finalise a roadmap for disengagement of troops from all the friction points.
Prof Nirvikar Singh discusses rediscovering India, the country's progress so far and the global economy in general in his interview with rediff.com.
There has been criticism of the official statistics ever since MoSPI came out with new methodology to estimate the GDP on the base year of 2011-12 compared to earlier 2004-05.
Kamala Harris, Pramila Jayapal, Ro Khanna and Raja Krishnamoorthi make their way to the Congress.
This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.
Indian-Americans are "very concerned" about the rhetoric from Donald Trump who has "poisoned" the political dialogue with his insults to immigrants and women, US House of Representatives contender Raja Krishnamoorthi has said.
Kejriwal called Thackeray on Sunday to apprised him about the situation in the national capital.
For Prime Minister Narendra Modi to dig up the perceived past of the DMK rival, now under a new leader in M K Stalin, may not gel with the voters, both old and new. If they are still going to vote for the AIADMK-BJP combine, it will be for entirely different reasons, and despite Modi's poll speeches, says N Sathiya Moorthy.
GST will now apply to mutual funds, loan instalments and credit card dues.
Trump, 74, in his acceptance speech from the South Lawns of the White House amidst cheers from his supporters on Thursday night, said: "My fellow Americans, tonight, with a heart full of gratitude and boundless optimism, I proudly accept this nomination for President of the United States".
The corporate health policy ceases under following circumstances: The company winds up; you resign or you are terminated from the company; you retire from the services at the age of 60; the company decides to withdraw the health policy benefit to employees, i.e. there is no law that the company should provide health policy to employee; most corporate policies also have restrictive covers.
Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.
Invest in liquid funds if you have a horizon of three months, ultra-short-term for six months, and low-duration funds for one year.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
Restrict investment to Rs 50,000 for tax benefits, experts tell Sanjay Kumar Singh, but caution that taxation at maturity and compulsory annuities are dampers.
'New Delhi showed itself willing -- at least for a period -- to tolerate the risk of conflict and to withstand Beijing's implicit and explicit threats.' 'But it also continued to try to cut some kind of deal with China to reduce tensions.'
New York Mayor Bill de Blasio has announced the appointment of Nisha Agarwal, one of the leading advocates in the city for the immigrant communities, as commissioner of the Mayor's Office of Immigrant Affairs.
A senior source involved with the Government of India's policy-making machinery told rediff.com: "If, for some reason, the military reaction was not successful, then it would have been a greater humiliation than Mumbai. These so-called surgical strikes are not easy."
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