We should work in unison to boost growth: FM
India is not so worried about meeting fiscal deficit target.
Uddhav Thackeray dared PM Modi to fulfil Savarkar's dream of "akhand Bharat"
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
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.
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.
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.
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.
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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.
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.
Lakhs of students appear for it every year. How are you preparing for it?
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.
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.
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
Trade unions said Jaitley's minimum wage announcement is completely inadequate
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.
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.
"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.
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
RBI is expected to discuss about the impact of GST in its monetary policy.
'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.'
The finance minister said the economy had been slowing.
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.
Is it just the glamour?
The NRA will have representatives of IBPS, SSC and Indian Railways.
Consumers are paying an exorbitant 180 per cent tax on petrol, and 140 per cent on diesel in Delhi and in most other towns in India. Little wonder then that the central government expects a staggering Rs 3.46 trillion by levying excise duties on retail sale of the two fuels this year, and Rs 3.2 trillion the next. States would generally have had reason to cheer, as they command a 41 per cent share in Centre's tax revenues. But as the Centre has raised excise duties in the form of "cess," the revenue proceeds are by nature not shareable with states.
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.
The Left unions want concrete action and not just 'assurances'.
Jeet Singh, the constable, talks about how his colleagues in the force work in the absence of medical facilities or pensions.
RBI Governor Raghuram Rajan on Tuesday kept the repo rate unchanged 6.50 per cent.
'I want to ask Modiji is the support price announced by him good enough to make a farmer's sons to start farming in their villages?' 'Can he swear by Bharat Mata and say that is true?'
The Economic Survey states that the rationalisation and reprioritisation of subsidies through better targeting would play a vital role in fiscal consolidation and in targeting expenditure more towards inclusive development.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
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