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
Revenue buoyancy of GST will be key to improve the resource position of both central and state governments.
The centre's promise of a new deal for the states is a welcome development.
"Grassroots democracy must get precedence than any other considerations, including security," the functionary said.
Modi govt must bring about reforms to kick-start big-ticket infra projects.
'This country today is demonstrating to the world the true meaning of federalism, the true meaning of working in partnership between the central government and the state governments.'
There has been criticism of the official statistics ever since MoSPI came out with new methodology to estimate the GDP on the base year of 2011-12 compared to earlier 2004-05.
Six players -- Dubov, Nakamura, Aronian, Carlsen, Radjabov and So -- share the lead with 4.5 points after eight rounds.
The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.
On the sidelines of the NITI Aayog governing council meeting, CMs of West Bengal, Andhra Pradesh, Karnataka and Kerala met PM Modi.
Responding to Shagh, National Conference leader Omar Abdullah said the country was suffering from too much "ODOMOS- overdose of only Modi only Shah".
The reform priorities are clear: enhance savings, improve productivity. Just 25 basis points of moving interest rate up or down would not boost investment: Former RBI Governor Y V Reddy.
YSR Congress chief Jagan Mohan Reddy has written to leaders of various parties seeking their support for the motion.
Experts say the party is undoing what it achieved through MNREGA by targeting beneficiaries
'We will not compromise on it. We will not make any deferred payments or cuts.'
The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.
The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.
Maharashtra Chief Minister Uddhav Thackeray met Prime Minister Narendra Modi on Tuesday and discussed issues related to the Maratha reservation, pending GST compensation and the proposed Metro car shed in Kanjur.
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
If Modi wants to leave a real legacy, breaking India's strategic triangulation would be the real gift, notes Shekhar Gupta.
All GST anti-profiteering complaints would be dealt with by the Competition Commission of India (CCI) from December 1 as the extended tenure of National Anti-profiteering Authority ends this month, an official said on Tuesday. A notification in this regard is expected to be issued by the finance ministry later this month, the official added. The National Anti-profiteering Authority (NAA) was set up in November 2017 under Section 171A of Goods and Services Tax (GST) law to check unfair profiteering activities by registered suppliers.
'We wanted the PM to speak, and he just refused to -- now we have the opportunity, not just in the Lok Sabha, but also in the Rajya Sabha, to lay the government on the mat.'
The government on Wednesday approved Rs 10,000 crore (Rs 100 billion) 'Fund of Funds for Startups' to support them with an aim to generate employment for 18 lakh persons.
Kumar also questioned the prime minister on various promises made by his government including return of black money, enhanced MSP to farmers and special status to Bihar among others.
Tina Dabi, who topped the 2016 Union Public Service Commission exam, married fellow IAS officer Dr Pradeep Gawande in Jaipur last week.
Shah said, "Rahul baba cannot see development as he sports Italian spectacles."
GSTN said those who do not want to give their Aadhaar numbers would have to undergo physical verification.
Telugu film star and Jana Sena Party chief Pawan Kalyan has launched a vitriolic attack on the Centre for denying special category state status to Andhra Pradesh.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
Once more women assume leadership roles and join the nation-building process, he said, adding they will become a guarantee of the country's bright future.
The PM spoke about financial inclusion.
It was better to first build a single-rate GST with a low rate, achieve full mastery of this, and then consider more complex possibilities such as high rates and multiple rates.
80-85 per cent of about 700 major infrastructure projects within the Centre's domain have been delayed.
The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
The Budget has stuck to annual increases in agri credit targets.
There are various estimates of India's debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year.
False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.
The mega campaign, to start on Mahatma Gandhi's birth anniversary, will be conducted just before the elections in three major Bharatiya Janata Party-ruled states and also before the 2019 general elections.
He also alleged that the Bharatiya Janata Party wanted to create a Delhi-like situation in Puducherry and take power away from an elected government.
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
