As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
Diesel prices should be immediately hiked by Rs 4-5 per litre, the Kirit Parikh Committee has recommended while favouring continuation of existing pricing principles for controlled petroleum products.
The number of poor in the country declined to 27 crore (270 million) in 2011-12, from 40.74 crore in 2004-05, Minister of State for Planning and Parliamentary Affairs Rajeev Shukla said on Wednesday.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
'When you start distributing wealth, you end up distributing poverty.'
The Telecom Regulatory Authority of India has constituted an expert group to explore the possibility of setting up an exchange to resolve interconnection issues between different operators, a move which could provide a solution to various problems in
The Irish government has said it will make a decision before the year-end about the country's tough abortion laws, weeks after Indian dentist Savita Halappanavar died after she was refused termination of her pregnancy despite miscarrying.
The expert group was tasked to suggest a methodology for pricing of diesel and cooking fuel.
With an Indian dentist's tragic death igniting protests over right to abortion in Ireland, Irish Prime Minister Enda Kenny has said he is awaiting a report by an expert group on the issue but will not be rushed into an immediate decision.
The food ministry has supported the suggestion of Rangarajan panel to allow export of 2 million tons of wheat from government stocks immediately to ease pressure on storages, the Rajya Sabha was informed on Monday.
Modi said a separate rating agency would help the economies of the member countries as well as other developing nations.
The three-member panel in its report said that no ECG tracings were done to check if the child was alive. The body was handed over without written instructions.
Health economist and advisor to the High-Level Expert Group on Universal Health Care, S Selvaraj says that tackling lack of doctors in India will take time to sort out, but providing free drugs can be done immediately.
Railway investment in the 12th Plan to be Rs 7.35 lakh crore
The Centre's announcement of setting up of an expert group to allay fears over Koodankulam nuclear plant has not been received favourably by anti-nuclear activists who have resumed their protests against the project.
There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street
The Planning Commission on Wednesday said that one of its expert groups has suggested rolling out of cashless health and portable universal health coverage (UHC) across the country by 2017.
Breaking the brief truce, more than 7,000 people on Sunday observed a token fast against the Koodankulam nuclear power plant and vowed to intensify the struggle if the government did not scrap it.
Currently 100 per cent FDI is allowed in the sector.
The government will soon set up of an expert group headed by environmental economist Partha Dasgupta to provide a road map for Green National Accounting system to evaluate impact of economic growth on environment by 2015, Environment Minister Jairam Ramesh told reporter in New Delhi on Monday.
Other measures being considered for 'geo-engineering' the Earth's climate include producing lighter coloured crops and using iron filings in the world's oceans, The Guardian reported, citing leaked papers from the UN science body.
Government's cheap food distribution covers 68 per cent of the population.
The government should have mentioned clearly the specific structural reforms that were responsible for the deviation from the fiscal deficit target by half a percentage point, says A K Bhattacharya.
The WADA investigation found that the sample analysis methods of the NDTL were not upto the mark. The NDTL can appeal to the Court of Arbitration for Sports (CAS) in Lausanne in the next 21 days.
"Sundar Committee has presented its report to us which speaks about various reforms required in the legislation governing the road sector. The Ministry will review it and soon take a decision as to whether we need a new Motor Vehicles Act," Transport Minister CP Joshi told reporters.
The key idea seems to be to move away from the discredited US model of private insurance based healthcare, and focus more on publicly-funded preventive, primary and secondary healthcare.
The mining ban has implications beyond just protecting the environment and tribal rights.
Maharashtra Chief Minister Ashok Chavan on Wednesday said he was hopeful of speedy clearance to the Navi Mumbai airport project but Environment Minister Jairam Ramesh feared it would destroy large swathe of mangroves at the proposed site.
Deora told Business Standard that a substantial volume of kerosene was also smuggled across the border, since the prices there were much higher. He added the government may have to rework various measures taken so far to curb the menace.
Following recommendations from the Deepak Parekh-headed Expert Group and taking into account comments from the public, PFRDA has categorised NPS investments into three asset classes -- E (equity), C (corporate paper) and G (government securities).
The group was constituted by the Planning Commission to achieve 20-25 per cent reduction in emission intensity by 2010 on 2005 levels as was announced by Prime Minister Manmohan Singh last year at Copenhagen climate meet.
Other members of the committee are Indian Council for Research on International Economic Relations chairperson Isher Judge Ahluwalia, National Council of Applied Economic Research director general Suman K Bery and the secretaries of yje ministries of finance and petroleum.
Currently, FDI up to 100 per cent is allowed in the drugs and pharmaceuticals on the automatic route.
The government is reviewing a proposal by an expert group to lower the weightage to financial parameters of central public sector enterprises while fixing their overall annual targets.
State-owned Indian Oil, Bharat Petroleum and Hindustan Petroleum currently lose Rs 180 crore per day.
The services sector contributes the highest of around 54 per cent to the country's gross domestic product. At present, the WPI, which is released every week, contains prices of primary articles, fuel and manufactured products. Data from banking and transport services would be the first sectors to be covered on an experimental basis. The plan is to initially build a separate services index, which would be integrated into the WPI later.
Price of petrol may go up by Rs 4.70 a litre and diesel by Rs 2.30 a litre.
The textile sector will get a major boost in terms of infrastructure in next 100 days with the government opening two integrated textile parks, pumping in additional resources of Rs 1,660 crore (Rs 16.60 billion) for cotton MSP and launching training programmes for 50,000 weavers.
'We are equally qualified and competent.'
PM Modi and Rouhani inked nine pacts including a lease contract for a part of Chabahar port's operation for 18 months.