During his South Africa visit, Modi will meet President Jacob Zuma and also Cyril Ramaphosa, the deputy president.
India is expected to harvest bumper crop this year based on estimates of higher food grains production in Kharif (summer sown) and hopes of better Rabi (winter) crop with enough water in reservoirs, Finance Minister P Chidambaram said.
India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand. The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter of the 2020-21 fiscal (April 2020 to March 2021) as the coronavirus lockdown pummelled economic activity.
The Indian government has asked the United States Administration to ensure that American millers meet strict quality norms to the wheat to be imported to India.
Usually, the annual monsoon forecast is released around mid-April.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
Concerned over possible fall in pulses production due to poor monsoon so far, the government is considering reintroducing its scheme to sell subsidised pulses through ration shops to give relief to common man from price rise.
Asked for China's comments on India not joining the RCEP deal over concern of cheap Chinese products potentially harming its domestic industry, Chinese foreign ministry spokesman Geng Shuang told the media in Beijing on Tuesday that China welcomes India joining the deal.
The decision was taken at a meeting of Sanyukt Kisan Morcha, an umbrella body of 40 farmer unions protesting at various Delhi border points against three farm laws.
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
He said the Ayush ministry would ensure that there was a good Ayurveda hospital in each district.
25-year-old Pallavi Purkayastha was found molested and murdered today in her Mumbai flat. We are asking you, our readers, to offer tips on how young women can stay safe.
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
Most of the extra spending in the Budget is in fact an accounting entry that shifts the cost of an interest subsidy to the agriculture Budget that was previously borne by the finance ministry
Food companies would not need to seek product approval from FSSAI if they meet these norms
We had prepared a contingency plan for 580 districts, the minister said.
The court was informed that the commission for air quality management will start functioning from today.
Prime Minister Narendra Modi's landslide election in 2014 raised hopes he would draw a line under India's socialist past, cut welfare and reduce the government's role in business.
'It is almost certain that in the absence of note-bandi, the party would have lost in Rajasthan and Madhya Pradesh,' points out Amulya Ganguli.
'Tiger reserves were created to protect areas from developmental activities.' 'If we go ahead with these projects, then it is a complete mockery of our institutions and our laws, it is against everything we have stood for, our Forest Conservation Act, our Wildlife Biodiversity Act.'
The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago
Trading for long around Rs 75 a kg in Himachal Pradesh, they have risen in a week to Rs 90 a kg. In Jammu & Kashmir, it has gone from Rs 45 a kg a week before to Rs 55 a kg
The inflation rate inched closer to 7%. the government has started pulling out all stops to boost domestic supply situation by withdrawing incentives on export of at least 40 items, including steel, cement and non-basmati rice. The Commerce Ministry withdrew or temporarily suspended the tax refund scheme - Duty Entitlement Pass Book. Besides measures to discourage exports, the government is considering more fiscal steps to improve supplies and rein in inflation, he indicated.
The panel suggests family head must be valued at skilled wage rates.
A group of ministers, headed by Agriculture Minister Sharad Pawar, has been formed to resolve inter-ministerial differences stalling the national manufacturing policy which aims at giving a boost to the sector.
Critics have slammed a bloated subsidy that has been proposed for the food security bill, but officials in the government strongly believe that the resultant additional burden will not be above Rs 27,000 crore to meet the commitments under the proposed legislation.
Pensioners, India Inc may get tax breaks in Budget
India is currently under the 21-day lockdown since March 25, with only essential services exempted to contain the fast-spreading virus.
RBI kept all key rates unchanged in its policy review on Tuesday.
The total direct tax collection stands at a little over Rs 9 trillion, giving the taxman just few days to reach the 2018-19 revised target of Rs 12 trillion., reports Shrimi Choudhary.
Food inflation has entered negative territory but consumers have had no respite on cost of living.
There is not much that the RBI can do to address India's inflation. Solutions to the problem lie with Pranab Mukherjee and Sharad Pawar, who run the ministries of finance and agriculture, respectively.
Prime Minister Narendra Modi will be on an official visit to Switzerland and Mexico next week, the External Affairs Ministry announced on Monday.
The average land given to the rural landless is small and falling, from 0.95 acres in 2002 to 0.88 acres in 2015 - a 7.4 per cent drop over 13 years-and a slowdown is evident in the process of taking land away from rich landlords, the RTI data reveal.
Top sources in the government told Business Standard the Congress managers wanted the rise in prices to be a collective decision of the United Progressive Alliance and also make sure allies could not wriggle out of the exercise to take harsh economic decisions.
Agriculture Minister Sharad Pawar on Friday said it will be difficult to decontrol sugar industry as many state governments, including the country's second largest producer Uttar Pradesh, are against freeing this sector.