In his attempt to revive a beleaguered Congress, Rahul Gandhi is trying to bring in new leadership in the form of Rajeev Gowda and BK Hari Prasad, whose names have been nominated for the Rajya Sabha, says Renu Mittal.
The Plan Panel was set up by a simple government resolution in March 1950 had withstood many political and economic upheavals.
As cricketing ability goes, there is no comparison between Sanjay Manjrekar and Sachin Tendulkar. But while the former has produced a wonderful autobiography, the latter's book is deadly dull. In batting, they were the exact opposite: Manjrekar was a bore and Sachin an absolute marvel, says T C A Srinivasa-Raghavan.
Planning Commission on Friday said it will revisit annual average GDP growth target of 8 per cent for the 12th Plan (2012-17) in view of dismal performance in first two years of policy period, while saying the economy is likely to expand by over 5 per cent this fiscal.
As the country faces the possibility of a fractured mandate after the 2014 general elections, Planning Commission Deputy Chairman Montek Singh Ahluwalia is of the view that in an era of coalition governments, special steps are needed to build consensus around policies or else, India will not be able to grow at its full potential.
A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.
A cut in government spending would come at the cost of growth.
For a bunch that fancies itself so greatly and does not hesitate to express an opinion on everything, this is very odd behaviour, says T C A Srinivasa-Raghavan.
While its widely being publicised that Environment Minister Jayanthi Natarajan resigned from the council of ministers to work for the Congress party ahead of the crucial Lok Sabha polls, political observers point out that 'growing unhappiness' over her performance during her ministership could have possibly led to the move. Renu Mittal reports.
The economy expanded at a decade-low rate of 5 per cent in the first year of the 12th Plan
Subbarao's remarks come against the backdrop of Finance Minister P Chidambaram's assertions in recent weeks that RBI should not focus solely on containing inflation but also look at the larger mandate of growth and job creation.
Taking note of large-scale deaths because of the heat wave in various parts of country, Prime Minister Manmohan Singh has asked a Group of Ministers to discuss and decide on its inclusion as natural calamity.
It's a clear signal that Indian economy is not out of woods.
US urges New Delhi to align its nuclear liability law with the international convention
'One wishes that today's 'take no prisoners' brand of politics would give way to an understanding of the national interest that is shared by both government and Opposition.'
According to a study, the change in frequency for transmitting mobile signals could cost the telcos over Rs 1 lakh crore (Rs 1 trillion) cumulatively.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
Former Prime Minister Manmohan Singh has to make up his mind whether or not he wants to write his autobiography, his daughter Daman Singh has said.
The RBI has enough "fire power" to deal with the rupee volatility and will intervene in the forex market as and when required, said Planning Commission Deputy Chairman Montek Singh Ahluwalia.
Huge gold imports have put pressure on the country's CAD, which in turn is affecting the value of rupee.
Since 2004, Montek Singh Ahluwalia, one of the commission's longest serving deputy chairmen, has been trying to mould it to fit into the new economic order, without much to show for his efforts.
Presenting the Top 20 of 100 science colleges as per India Today's findings.
Presenting the Top 20 of 100 science colleges as per India Today's findings.
Set up by India's first Prime Minister Jawaharlal Nehru, the Planning Commission brought 12 five-year plans and six annual plans involving fund outlays of over Rs 200 lakh crore in its nearly 65-year-history.
There were reports that some Commission officials were against the Rajan panel's suggestion to replace Gadgil- Mukherjee formula with Rajan Committee's Multi Dimensial Index for allocation funds to states.
The Prime Minister directed that a special cell be created immediately in the Cabinet Secretariat.
Status to enable Arvind Panagariya to attend Cabinet meetings.
Anil Swarup, who conceived the Rashtriya Swasthya Bima Yojana -- a scheme the United Nations Development Programme and the International Labour Organisation recognised as among the finest -- speaks to Anjuli Bhargava.
Economists who get too close to prime ministers eventually come to grief after their boss is defeated
'A lot will depend on the first Aayog and the power it derives.'
'If anyone is able to understand the importance of Modi's endeavours to revive the economy -- even against opposition from sections of his own saffron brotherhood -- it is the former prime minister,' says Amulya Ganguli.
Assessment note says panel acts as control commission, especially in fund allocations to states.
The original idea was to replace the existing schemes for scheduled castes and tribes.
If the EC decides to put on hold a gas price revision for RIL, it would set a precedent for pricing decisions of the government and policy decisions taken but undergoing procedural delays.
'Similarly, he is against Dalits forgetting that the only way to get rid of poverty is to empower poor people.'
Prime Minister Manmohan Singh has said that whatever action is required in Syria should be under the UN framework, amid growing pressure on US President Barack Obama from his Russian counterpart and other world leaders not to attack the Arab country.
During the Congress regime, India did witnessa slew of reforms which are now taken up by the Modi government too.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
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