Just when did Dr Raghuram Rajan’s equations with the new government start going downhill? In hindsight, there will be many remarks and decisions that will fit the bill. A speech at IIT Delhi on October 31 last year seems a good candidate too
The Indian government is negotiating with countries like Mozambique, Malawe, Canada and Myanmar, to buy pulses to end the chronic and recurring price rise, said Nirmala Sithraman, commerce and industry minister.
Commerce minister Nirmala Sitharaman on Monday tried to play down the controversy regarding RBI governor Raghuraman Rajan
Amidst the speculations and debate over serving a second term as Reserve Bank of India (RBI) governor, Raghuram Rajan declared that he would return to academia after his term finished in September. Rajan is known for witty and honest views on econ
Ever since the Narendra Modi-led BJP has come to power at the Centre, it has been highlighting creation of jobs as one of its major objectives. In an action plan, the NITI Aayog has strongly pitched for mega coastal economic zones to drive India`s
It is half past noon. Dozens of eager men are at one of the Tamil Nadu State Marketing Corporation (TASMAC)-run liquor shops in Mullimanagar, a fishing hamlet along the Marina beach in Chennai. The shutter of the shop opened just half-an-hour back
A five-member committee was set up last year to draft the new education policy. The committee, in the report submitted last month but yet to be made public, has recommended that pre-school education for children in the age group of 4 to
The proposed coal-fired Rampal power plant in southwest Bangladesh is no longer economically viable as it would “drive up electricity rates, cost far more than its promoters say, and put investors and consumers at a myriad of risks”. T
India’s first three women fighter pilots were formally commissioned in the Indian Air Force (IAF) at a ceremony presided over by defence minister Manohar Parrikar. The three fight cadets, in their early 20’s – Avan
My husband has lost everything to liquor. Whatever we inherited from our ancestors is gone. On top of that, he would turn harsh to us after drinking. But now he is fighting for his life after he met with an accident. We are getting him treat
That time of the year has come again when basic commodities try to shrug off their ‘basic’ tag. Providing sudden unrest to the public’s budget, this trend is invariably seen every year, and so has it now as prices of pulses reach
Prohibition in Gujarat is of course a joke. There are days – national holidays, religious festivals – when a regular consumer would have a hard time buying it in Delhi or Mumbai, but his Ahmedabadi counterpart faces no such problems on
The New Education Policy draft, submitted to the HRD ministry last month, has recommended following changes in the teacher management system: The centre and state should jointly formulate transparent and merit based norms and gu
Even after a month of the supreme court order on implementing National Food Security Act (NFSA), Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and crop loss compensation in drought affected areas, the Centre and state gove
The draft for the eagerly awaited new Education Policy recommends amendments in the right to free and compulsory education Act 2009. Among its specific recommendations are: The no detention policy must be continued
A five-member committee was set up last year to draft the new education policy. The committee, in the report submitted last month but yet to be made public, has recommended that pre-school education for children in the age group of 4 to 5 years sh
The Reserve Bank of India (RBI) has granted in-principle license to common service centers (CSCs), operating across rural India, to operate as Bharat Bill Payment System Operating Units (BBPOUs) under the Bharat Bill Payment System (BBPS), a
The union cabinet has approved the new National Civil Aviation Policy 2016 that aims to make flying more affordable and increase air connectivity. Hailing the new policy as a “game changer”, civil aviation minister Ashok Gajapathi Raju
Not even a single candidate turned up for the scheduled interview for the post of chairman and managing director of Electronics Corporation of India Limited (ECIL). The public enterprises selection board (PESB), which is tasked to advise the gover
As the Cabinet approves the merger of State Bank of India and its five subsidiaries, and also the Bharatiya Mahila Bank (BMB), the largest public sector lender may soon see its name in the list of top 50 banks of the world. The five subsidiaries t
