The finance ministry is working on a Cabinet note for establishing a full-fledged Public Debt Management Office, officials told Business Standard.
Arun Jaitley had proposed to set up a Public Debt and Management Agency.
Move to shift powers from RBI without discussions baffles many
Rajan said there was full understanding between him and the Finance Minister Arun Jaitley on setting up of the PDMA
India's economy is not like Western ones, and thus needs restrained fiscal policy even during a recession, says Ajay Shah.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
The National Democratic Alliance won 64 seats.
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
Raghuram Rajan speaks on the unscheduled rate cut.
Jaitley promised higher investment in roads and railways.
Finance Minister Arun Jaitley presented the Union Budget.
'All governments try owning the message, but the Modi-Shah BJP has developed it into a fine art.'
If you are running a sweetmeat shop, will you manage a dairy for milk supply or buy milk from the market? Banks are running a dairy (which has its cost for processing milk), while NBFCs are buying milk from the market, observes Tamal Bandyopadhyay.
The successful implementation of the new Act will depend on a much bigger involvement of the state through a huge new superstructure of registration, certification and supervision
Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.
NDA government has shunned populism.
Infra sector is neglected by the Modi govt.
Moody's listed six agenda on the list of pending reforms -- land acquisition Bill, labour law reforms, significant infrastructure investment, tangible benefit from Make in India initiative, tax administration and PSU bank reforms
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Modi placed a $12.6 billion bet in this year's budget on road building
The world seems to have caught severe pneumonia, or worse, as China had flu.
Chief Economic Advisor Arvind Subramanian's interview.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
Indian economy about to take-off
'You are beginning your professional life in a time of global turmoil, when economic systems and the earth's eco-systems are in deep crisis.' 'Societies across the world are struggling with the complexity of technological and social change happening at a speed that our species has never experienced before.' 'May you be more excited than frightened by the times we live in.' 'Precisely because the crises are so deep, there are also unprecedented opportunities for pioneering and brave work that can transform society, culture and economy to create a much better world for your children.'
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
The government has provided a long-term vision.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
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