IAC activist Arvind Kejrival yesterday claimed that Jaipal Reddy was shunted out of petroleum ministry due to his opposition to gas price revision.
As the MPC is mandated to target CPI inflation rate at 4 plus minus 2 per cent, any measurement error in CPI is likely to have grave consequences for monetary policy.
While auditors have come in for a lot of praise for their proactive stand against what they perceive to be dodgy practices followed by companies, there is still a long way to go, says Shyamal Majumdar.
The panel's recommendations will be aimed at making a predictable and non-adversarial tax regime in the economy.
Demands include clearing eight critical coal blocks attached to projects of big corporate houses.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
In a surprise move, the Ministry had on October 10 moved a note to the Empowered Group of Ministers opposing a hike in price of RIL's KG-D6 gas before April 2014 even though the company itself was not seeking a revision before that date.
We sought Rs 2,000 crore from government to revamp security infrastructure at bases and installations. But it is yet to give a single rupee: Armed forces. The armed forces will have to spend money on revamping security infrastructure from funds allocated in defence budget: Defence ministry.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Cameroon were suspended indefinitely by FIFA on Thursday because of government interference in the country's football federation.
Earlier this month, ECB managing director Ashley Giles had said that cricketers will be provided "mental health screening" before they commit to any further tours.
Ruchi Soya was admitted to the corporate insolvency resolution process (CIRP) in December 2017 and owes lenders Rs 12,000 crore.
India's Shashank Manohar elected unopposed as independent chairman of International Cricket Council (ICC).
At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation.
Indian Administrative Service officers working under the central government cannot be suspended without the nod of Prime Minister Narendra Modi, a move aimed at allowing bureaucrats to take decisions without any fear of political backlash.
Y H Malegam, 80, will head the panel that will look into non-performing bank assets and their relation to the Rs 114-bn PNB scam.
Government had proposed a revised investment plan for the main gas fields in the KG-D6 block.
"Make no mistake: this ban does not keep us safe. It puts American lives at risk while isolating the Muslim community at a time when we need to address the threat of homegrown extremism. No matter the changes, this executive action remains immoral and fundamentally un-American," California Senator Kamala Harris said.
Summary of sports events and persons who made news on Thursday
The US Federal Reserve has raised its benchmark interest rate by 0.25 per cent, only the second increase in a decade.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
Good monsoon is likely to create more jobs in the agriculture sector, which in turn could save the exchequer around Rs 10,000 crore
The Chairman of the Pakistan Cricket Board, Zaka Ashraf, has called an emergency meeting of the governing board on February 3 to discuss the watered down draft proposals put forward by India, Australia and England at the ICC meeting this week in Dubai.
The previous high GDP growth of 8.1 per cent was recorded in April-June quarter of 2016-17.
The Board of Control for Cricket in India, on Monday, decided to indefinitely defer the awarding of its global media rights -- broadcast and digital -- which was scheduled for Tuesday as the Justice RM Lodha Committee is yet to appoint an independent auditor to oversee the entire process.
NPPA suggests expanding the list of essential medicines whose prices are controlled
"He also gave verbal directions to make the necessary arrangements for the prevention of COVID-19 spread during the session," the spokesperson added.
The government is yet to decide on revising interest rate on small savings and linking it to inflation, as recommended by a committee headed by Securities and Exchange Board of India, chairman G N Bajpai.
The sample size of 8,100 farmers across 19 states has not changed in the last three decades, and the methodology of the sample survey too remains unchanged
The BCCI, which had rejected the revised Sports Bill last week, on Friday, wrote a letter to the Sports Ministry, conveying their strong reservations on various aspects of the controversial bill.
The pension reforms Bill is likely be passed with the Bharatiya Janata Party (BJP) deciding to support it in the parliamentary standing committee. The Bill has been pending since 2005. Its revised version was tabled in the Budget session of Parliament this year.
'IPOs not clicking is cause for worry,' says Sebi chairman.
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
The regulator is also planning to widen the ambit of 'deemed fraudulent activities'.
The majority of the International Cricket Council's Board members on Saturday voted in favour of restructured revenue sharing model including rollback of the Big 3 formula despite vehement opposition from Board of Control for Cricket in India's representative Vikram Limaye.
Under pressure to implement Lodha Committee Reforms as per Supreme Court Directives, the BCCI is relying that the revised National Sports Bill is tabled by the Budget Session of the Parliament in 2017 which will save them from undergoing structural changes. A very senior BCCI official said that some key changes are being made in the original Bill.
Highlights of the government's new Lokpal Bill
"Coming festivals (Chhat, Puja, Dussehra, Deepavali, Id, Xmas, New year) pose a huge challenge in the pandemic control. It has been seen that Onam in Kerala and Ganesh Chaturthi in Maharashtra escalated the pandemic seriously. This must not be allowed to happen in Delhi," the report stated.
Once the patients are identified, the government will decide on the quantum of compensation in each case and then approach J&J for claim settlement.
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