The rate hike in the future is set to be 'calibrated and cautious'.
It is understood that the agency wanted to put a fresh set of questions to him regarding the deal and hence had asked him to appear.
Parliament's PAC rejects BJP MP Kirit Somaiya's plea that the briefing be postponed.
The government on Thursday gave its nod to a foreign direct investment of $150 million (Rs 675 crore) in Maran family-run Sun TV's ambitious direct to home service project.
The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
'The committee has all the right to call anybody involved in the matter. But that will depend on the outcome of the January 20 meeting. We can call the PM on demonetisation if the members unanimously decide so.'
Likely to select from 3 shortlisted; follows Sanjeev Kaushik's refusal to take the job if made to retire from IAS
'Urjit Patel's appointment is a right decision and in the interest of the country.'
Sugar sector has welcomed the central government's decision to hike the buffer stock to 5 million tonnes.
Provided talks on the matter are fruitful, the dividend payout will made during the current RBI financial year ending June 30, 2018.
Both industrial and domestic consumers will have to shell out more money for electricity following a hefty 14 per cent hike in the royalty that states charge on coal, the major input for power generation.
The additional cash will now give the Centre more headroom for stimulating the economy.
MCA is a legal contract, which prescribes the terms and conditions for executing a road project.
By the time vital decisions, such as importing foodgrain, get implemented, it is often too late.
The rural co-operative credit sector in the country is set to get a boost with $1 billion loan from the Asian Development Bank to the centre.
The Indo-Italian Chamber of Commerce is organising a road show, Invest Your Talent in Italy, a unique programme offering 60 Post-graduate Scholarships to students at prestigious Italian universities.
There are contradictions in that relationship too.
RBI has maintained the stock of currency through advance as well as current printing level
The government will sign contracts on Tuesday for exploitation of gas trapped below coal seams in nine areas with three consortia, including one led by Anil Ambani Group companies.\n
Ahead of the Budget exercise scheduled to begin in the first week of November, Finance Minister P Chidambaram will have a new team of bureaucrats with Economic Affairs Secretary Ashok Jha appointed as the new Finance Secretary. \n
With India joining the project, it would be called TAPI (Turkmenistan-Afghanistan-Pakistan-India) pipeline.
'From the investor's point of view, a real change would happen only when business environment in all our states qualitatively improves,' says NITI Aayog Vice-Chairman Rajiv Kumar.
The Cabinet Committee on Economic Affairs approved on Thursday a weather insurance scheme as a risk management support for coffee growers.
Market volatility has prompted the government to postpone the disinvestment of its residual 10.27 per cent stake in Maruti Udyog Ltd to the next financial year.
Apart from this, the Cabinet Committee on Economic Affairs also gave its approval for starting work on the fifth phase of the National Highway Development Programme.
The IT modernisation project with this outlay was approved by Cabinet Committee of Economic Affairs in November 2012.
The Cabinet Committee on Economic Affairs on Friday approved the Eastern and Western Freight Corridor proposals of the railway ministry.
India and the Netherlands on Tuesday signed a memorandum of understanding for cooperation in biotechnology with an aim to find solutions to problems in agricultural and health
Economic Affairs secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.
The government on Friday gave its nod to ONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corp, to acquire Royal Dutch/Shell's 33 per cent stake in a deepsea gas field off Egypt.
Government has targeted to garner about Rs 56,500 crore through selling its stake in PSUs.
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
The country's security agency, BVD, had also asked the ministry of economic affairs in 1975, then headed by him, not to act against Khan.
Traditionally, Prime Minister picks the RBI Governor after consultation with the finance minister.
Indian economy is doing well and the performance of domestic stock markets is not as bad as that of other nations.
The government has approved livestock insurance scheme for implementation in 100 districts on pilot basis during 2005-06 and 2006-07 while its extension in eleventh five-year plan depends on the performance in the two years.
India-born billionaire Lakshmi N Mittal's proposed Rs 3,365 crore investment in Hindustan Petroleum Corp Ltd's Bhatinda refinery in Punjab will have to wait for government approval as the Cabinet did not take up the issue on May 24.
