El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.
Fresh investments are constrained by tepid demand.
It is worrisome that salaries are consuming as much expenditure as equipment.
The government on Monday announced a one-time Rs 10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy.
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
India is not so worried about meeting fiscal deficit target.
We should work in unison to boost growth: FM
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
Uddhav Thackeray dared PM Modi to fulfil Savarkar's dream of "akhand Bharat"
The Reserve Bank is likely to cut the repo rate by 25 basis points (bps) after the Budget.
The monetary authority said it was worried on three fronts with regard to inflation as well as the economy.
Analysts at Bank of America Merill Lynch said that fears of inflation getting "generalised" are overdone, as only two sub-categories of fuel and light and housing (accounting for 22 per cent of the basket) have seen a price-rise above the headline 5.2 per cent.
India moving in right direction on GST, says Panagariya.
China's deteriorating economy is a serious concern. Xi Jinping and China's new premier will have a difficult task ahead of them after the 20th party congress, notes Jayadeva Ranade, the retired senior RA&W officer and China expert.
As the virus continued to spread its tentacles across India, several parts, including Kashmir valley headed towards a virtual lockdown with the administration restricting movement of people in several parts and banning all public transport in Srinagar city.
The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.
The RBI said there is an upward bias on inflation projection.
Bhaichung Bhutia, India's iconic former football captain, is set to try his political luck again, this time in his native state of Sikkim, as he plans to contest the assembly elections due this year.
Lakhs of students appear for it every year. How are you preparing for it?
Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.
Trade unions said Jaitley's minimum wage announcement is completely inadequate
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
Bayern's Mazraoui suffers heart complications due to COVID
In his address after more than 75,000 people were given appointment letters for various government jobs in the first tranche, Modi acknowledged the challenges facing the economy the world over with many countries hit by a record inflation and unemployment and said India is making every effort to come out of the situation unscathed.
Amid China's economic slowdown, the country's economic challenges may increase manifold and its economy may be hit harder in the wake of the Ukraine-Russia crisis.
Shah said a BJP government would protect and promote the cultural heritage and values of tribals.
Trade union leaders claimed that the strike would be even bigger than the one last year as the number of striking workers is expected to swell to 18 crore
The April-June quarter GDP slipped to 7 per cent from 7.5 per cent.
An exclusive white paper by the Jamestown Foundation claims that the powerful figures arraigned against the President include former Vice-President Zeng Qinghong and current Vice-President Wang Qishan, The Hong Kong Post reported.
RBI is expected to discuss about the impact of GST in its monetary policy.
"A solution has been put on the table. It is for Andhra Pradesh to decide whether they want the resources or they want to make an issue (out of it)," he said.
The finance minister said the economy had been slowing.
Though largely seen as an official visit, with less than a year for elections, Shah during this trip is likely to meet senior party leaders including Chief Minister Basavaraj Bommai, veteran leader B S Yediyurappa among others
It shows that states would require a compensation to the tune of at least Rs 1.67 trillion in 2024-25, as none of them would be able to achieve a 14 per cent growth every year.
'If you were to say today that the government should appoint judges to the high courts and Supreme Court, then I think that even those few good judges that we are getting today we would not get them.'
Is it just the glamour?
The NRA will have representatives of IBPS, SSC and Indian Railways.
The Left unions want concrete action and not just 'assurances'.
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
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