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RBI-govt deal on monetary policy cuts both ways; FM also has to deliver

Mar 03, 2015

RBI-govt deal on monetary policy cuts both ways; FM also has to deliver

Contrary to the general assumption, the monetary policy framework that assigns the task of management to the RBI is not one-sided. It implicitly commits the government too to a sensible fiscal policy, though this is not stated. #Economy #HowThisWorks #Inflation #RBI #Arun Jaitley #RBI Governor #FSLRC #monetary policy framework
CBI faces court anger after saying it can't file report due to lack of approval

Mar 03, 2015

CBI faces court anger after saying it can't file report due to lack of approval

The CBI today faced the ire of a special court for its delay in getting the necessary approval to file the final report of its probe in a coal blocks allocation scam case #HowThisWorks #India #Supreme Court #CBI #Coalgate #Special court #coal block allocation scam
Brace for higher vegetable prices in Maharashtra as unseasonal rains damage crops

Mar 03, 2015

Brace for higher vegetable prices in Maharashtra as unseasonal rains damage crops

As per the preliminary assessment by government officials, while a total area of 17,000 hectares has been damaged due to rains, it has caused a total loss of around Rs 1,000 crore. #Politics #HowThisWorks #India #rain #Congress #BJP #Maharashtra #Crop #damage #Devendra Fadnavis
PDP-BJP government in Kashmir hits a pothole: Mufti credits militants for smooth elections

Mar 02, 2015

PDP-BJP government in Kashmir hits a pothole: Mufti credits militants for smooth elections

At a press conference shortly after he was sworn in, in the presence of Prime Minister Narendra Modi himself, Mufti appeared to thank Pakistan sponsored separatist militants for 'allowing' the state to hold peaceful elections. #Politics #HowThisWorks #India #BJP #Pakistan #Omar Abdullah #AFSPA #Jammu Kashmir #Mufti Mohammed Sayeed #PDP #Article 370 #militants #Hurriyat #J&K Elections
More yawn than firestorm:  Essar 'scandal' is hardly a Radiagate

Feb 27, 2015

More yawn than firestorm: Essar 'scandal' is hardly a Radiagate

But more than anything else the current reaction to the Essar scam shows us how inured we have become to scams. #Politics #HowThisWorks #India #Digvijaya Singh #Niira Radia #Essar #Indian Express #BJP Chief Nitin Gadkari #Essargate
Here we go again: Four damning signs that Pachauri learnt nothing from Tejpal case

Feb 26, 2015

Here we go again: Four damning signs that Pachauri learnt nothing from Tejpal case

After the sensational sexual assault case against journalist Tarun Tejpal that banished him from public space as a suspected sexual offender, the ignominy faced by global climate change crusader Rajendra Pachauri for his alleged sexual harassment of a young colleague proves yet again that power is an easy weapon against women at workplace. #HowThisWorks #Tarun Tejpal #Sexual Harrasment #RK pachauri #TERI #Pachauri
Saarc battles: India has to engage with Sri Lanka, Maldives as it aims to sideline Pakistan

Feb 26, 2015

Saarc battles: India has to engage with Sri Lanka, Maldives as it aims to sideline Pakistan

India can't take the support of Bangladesh, Bhutan and Nepal for granted. All the three countries have a common factor to reckon with China. #HowThisWorks #India #China #Sri Lanka #Pakistan #Afghanistan #Maldives
SBI taking over Kingfisher House shows public banks are finally taking on influential defaulters

Feb 25, 2015

SBI taking over Kingfisher House shows public banks are finally taking on influential defaulters

SBI claimed the property, spread over 17,000 square feet and which houses some of Kingfisher's key offices, after securing a favorable ruling from the Chief Metropolitan Court in Mumbai. #HowThisWorks #RBI #SBI #Bank of India #Canara Bank #Axis Bank #Raghuram Rajan #Kingfisher #public banks #bad loans #Public loan defaulters #Kingfisher Act
Finance Commission upbeat on GST roll out, moots fund to compensate states

Feb 25, 2015

Finance Commission upbeat on GST roll out, moots fund to compensate states

The government tabled the GST bill in the Lok Sabha in December and is hopeful to pass the landmark legislation in the budget session. #Economy #HowThisWorks #Lok Sabha #Goods and Services Tax #GST #Finance Commission #Budget2015
Budget session: Coal bill may pass, but land bill may be beaten out of shape

Feb 23, 2015

Budget session: Coal bill may pass, but land bill may be beaten out of shape

Despite strenuous efforts by the Modi government to keep lines of communication open to the opposition and help it passing crucial reform bills, the chances are the land acquisition law will be mangled out of shape before being passed. #Politics #HowThisWorks #Sonia Gandhi #Congress #Land Acquisition Bill #Budget Session #Insurance Bill #Coal Mines Bill
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