The 12th Plan document has already been approved by the full Planning Commission chaired by Prime Minister Manmohan Singh on September 15.
This is the second time that the Planning Commission will be scaling down the growth projection for the 12th Plan.
Akhilesh Yadav, president of the Uttar Pradesh unit of the Samajwadi Party, tells Aditi Phadnis what his party's agenda will be if it comes to power
Modi, addressing the National Development Council meeting in New Delhi, also highlighted the "widespread disenchantment" among the people who were becoming "increasingly impatient" with growing corruption.
Tamil Nadu Chief Minister Jayalalithaa on Saturday attacked the United Progressive Alliance government for "reducing states to glorified municipal corporations" by turning a deaf ear to their reasonable demands and described central proposals like the Communal Violence bill as "fascist".
Reacting to the embarrassing development, Khan chaired an emergency Cabinet meeting and took back the notification to extend services of General Bajwa.
Around 576,000 housing units, worth Rs 4.64 trillion, are delayed in seven major cities of the country
Banerjee, however, didn't clarify whether any other minister of her cabinet would attend the meeting on her behalf or not.
Like the previous two plans, the 12th five-year Plan (2012-17) also officially began without a final document in place.
An initial reading of the guidelines indicates two factors - potential rise in borrowing cost and lower returns on investment book - could hit the spread of NBFCs.
RBI unveiled a few weeks ago its discussion paper on the proposed holding company structure for financial conglomerates, there were no murmurs of protest from any of the other regulators.
His vision drove ITC to pursue business models that today support over 6 million livelihoods, many amongst the weakest in society.
S Ramadorai is now the vice-chairman of Tata Consultancy Services (TCS) after being its MD and CEO for a decade. He is also advisor to the Prime Minister on the National Skill Development Council (NSDC).
The government is considering a common appellate authority for insurance and all instruments traded on the stock or commodity exchanges. This comes after the formation of the Financial Stability Development Council, a statutory body to coordinate the functioning of financial market regulators.
The government has proposed a new regulatory architecture for large financial institutions, by establishing "a college of supervisors" comprising representatives from various regulatory agencies.
Amid decelerating manufacturing growth, the Reserve Bank wants the government to come out with measures in the Budget to give a boost to the sector, which can employ surplus labour from agriculture.
The government and financial sector regulators buried their differences on the proposed Financial Stability & Development Council (FSDC) after Finance Minister Pranab Mukherjee offered the Reserve Bank of India governor a sweetener.
Hotel infrastructure needs a big boost in the coming years.
Telangana Rashtra Samiti chief K Chandrasekhar Rao on Wednesday warned that Telangana would burn if the Centre chose to constitute a regional development council and did not keep its promise of carving out a separate state.
Fraud in Citibank's Gurgaon branch broke out in December involving nearly Rs. 400 crore being siphoned out from 20 accounts of high net-worth individuals.
Finance Minister Pranab Mukherjee on Friday discussed the economic situation with financial sector regulators, including Reserve Bank of India Governor and Sebi chief, and sought their inputs for the 2011-12 budget that will be unveiled on February 28.
The government on Wednesday favoured a levy of a minimum 6 per cent of the sale price of the vehicle as a lifetime tax by various states.
Thanks to the recapitalisation by the government and measures taken by the central bank, collapse of any large housing finance company won't pose as big a risk as it had six months ago.
The innovation universities are part of the ministry of human resource development's brain gain policy.
Real estate developers and home buyers will feel the pinch of higher interest rates, which could slow down home sales. Higher interest will push up monthly installments for home loans for existing as well as new home buyers.
Shah's resignation comes a day after CBI charged him with kidnapping and murder of alleged gangster Sohrabuddin Sheikh and his wife Kauser Bi in November 2005.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
Modi told the delegation that urgent action was needed against those supporting and sponsoring terrorism.
With the Centre showing readiness to spend on development to counter Left-wing insurgency, getting more of their districts declared Naxal-affected seemed to be a common idea across state chief ministers at today's National Development Council meet.
The nation's highest policymaking body, the National Development Council, will focus on five key areas, including the Naxal menace, power reforms and water crisis, at its meeting on Saturday.
Ahead of the July 24 National Development Council (NDC) meeting, the Planning Commission will come out with a report on the problems in the Naxal-hit areas and the issues being faced by tribals.
The government today said the proposed Financial Stability and Development Council, an inter-regulatory agency headed by the finance minister, would not act as a super regulator.
Drawing parallel with the Financial Stability Oversight Council in the US, the sources maintained that the proposed FSDC in India will not breach the autonomy of the regulators, a concern which has been voiced by the RBI.
The Ladakh Union Territory Front (LUFT) on Thursday merged with the BJP in a bid to bolster their long pending demand for declaring Ladakh as a Union Territory.
The parliamentary committee on HRD in its 221st report has said the states will not be able to meet their share for Right To Education Act.
Broad convergence on GST rollout in NDC meet.
With fresh reports of incursion in Ladakh, Nawang Norboo, Councillor of Ladakh Autonomous Hill Development Council on Tuesday said that Chinese troops frequently intrude into Indian territory and even threaten Indian shepherds.
The meeting is likely to be attended by a number of leading developers, including realty firms DLF and Unitech.
The MTA will now be placed before the National Development Council, highest policy making body in the country headed by Prime Minister Manmohan Singh.
The government should also introduce zero duty for gold imports so as the world trade shifts to India.
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