The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.
The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.
The main difference of opinion between RBI and FinMin is over the transfer of the RBI's 'excess' capital reserves. The Jalan panel seeks to convince finance secretary Subhash Garg to soften his dissent note language. The move is aimed at maintaining the now-cordial relations between the RBI and the finance ministry.
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.
'What do the moves towards protectionism suggest?' 'That we do not have Aatmavishwas.' 'If you have self-confidence, confidence in your ability to compete with the best in the world, why do you need protectionism?'
Samajwadi Party patriarch Mulayam Singh Yadav is among six personalities chosen for this year's Padma Vibhushan.
Corporatisation of NHAI was one of the achievements of the NDA govt.
The man who ran Mohan Meakin for over four decades was a teetotaller.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
So what is keeping movie folk busy during the lockdown?
'We still need a certain number of large public sector banks for financial inclusion and stability purposes.'
How do we get back to higher trend growth? The heart of the problem lies in private corporate investment, recommends Ajay Shah.
A bench, comprising Justices Rakesh Kumar and J Uma Devi, directed the CBI to register a first information report and submit a report in eight weeks.
'One wishes that today's 'take no prisoners' brand of politics would give way to an understanding of the national interest that is shared by both government and Opposition.'
In 2013, the government awarded less than 1,500 km of road projects under the EPC mode after it found no takers for PPP projects.
The director and warden of a private children home in Chhattisgarh's Durg district were arrested on Saturday on the charges of sodomising at least six minor inmates, police said.
A round-up of Day 2 of the Ranji Trophy matches played on Wednesday.
While Mahipal's family is blaming the death on vaccination, the authorities cited an autopsy report to say that he suffered from a cardiac disease.
The actor conducted an elaborate pooja in a temple in Panvel, near Mumbai.
Rakesh Meena, Umesh Kumar, Prem Vikas,Anees Mohan and Sanjiv Kumar, are worried engineering students of Patna-based National Institute of Technology.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
Given the controversy over Uttar Pradesh's population control moves, Hemant Shivsaran/Rediff.com digs deep to find out how many children BJP MLAs in UP have.
With things looking bright for the crisis-hit Commonwealth Games, a song was released in New Delhi on Wednesday encouraging the youth of India to create a positive atmosphere around the Games.
A look at Telugu releases this Christmas!
The deceased personnel, Bhailal (30) and Jairam (30), were in the bomb disposal squad vehicle of the Gujarat Police had taken a halt near Nathgram Ashram on Malkhanpur road under Sirsaganj area, when a speeding truck rammed into their vehicle, Superintendent of Police Rakesh Singh said.
Noted Hindi writer Nirmal Verma dead.
Following is the schedule of Indian contingent on the sixth day of the Asian Games.
The ethanol blended with petrol needs to be of 99.99 per cent purity.
The panchayat polls will be seen as a kind of verdict from the hinterland for Yogi Adityanath ahead of the crucial 2022 Uttar Pradesh elections.
The Central Bureau of Investigation has booked 16 individuals for posting alleged defamatory material against Supreme Court and Andhra Pradesh high court judges on social media, taking over investigations from the state CID, officials said on Monday.
Emotions and brilliant special effects set the film apart from other blockbusters.
Non-BJP chief ministers are retaliating. If the Centre can use its agencies to threaten, intimidate and jail its rivals, so can they. The fightback will get more intense, observes Shekhar Gupta.
Union Railway Minister Suresh Prabhu aligns priorities, funding and organisation to shape a transformation agenda.
The friction with the political class is not only about interest rates and monetary policy. While the government often spoke freely about its discomfiture, the RBI had to be careful even in its response to the government as any loose statement would affect the markets.
Modi and Shah have finalised names for the Rashtrapati's post, which the BJP boss has discussed with the RSS chief.
The new ministers include 20 of cabinet rank and eight ministers of state. The Chouhan ministry strength is now 34. Chouhan took oath as chief minister for a record fourth term on March 23, after Nath resigned from the post following rebellion by 22 MLAs of the Congress.
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
'Every family in UP has been deeply affected in this second wave.' 'It has only been denial, denial, and denial by the incumbent CM.'
To involve workers in various social campaigns initiated by Prime Minister Narendra Modi, Bharatiya Janata Party president Amit Shah has formed nine separate committees of senior leaders.
Uttar Pradesh government on Monday transferred 41 senior IPS officers, posting a senior superintendent of police in Firozabad, where two police constables have been shot dead by unidentified assailants leading to violent protests.
