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Govt hopes to cut subsidy bill by Rs 23,400 cr; sets up high-level panel for FCI revamp

Aug 21, 2014

Govt hopes to cut subsidy bill by Rs 23,400 cr; sets up high-level panel for FCI revamp

The terms of reference of the panel are to study various models of restructuring or unbundling of the FCI and suggest the best-suited model to improve its operational efficiency and financial management. #India #Wheat #Agriculture #MSP #minimum support price #farmer #Subsidy #Himachal Pradesh #Food Corporation of India #FCI #food grain #Restructure #Panel
Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Aug 05, 2014

Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Noting that rise in non-performing assets of PSBs was a matter of concern, the junior finance minister said that "although the gross NPAs have increased at system level, the gross NPAs ratios of banks do not indicate any systemic vulnerability". #NewsTracker #SBI #Canara Bank #Nirmala Sitharaman #Bank of Baroda #Corporate Debt Restructuring #Financial Stability Report #PNB #non performing assets
Monsoon and markets: Sensex will continue its upward journey despite bad news

Jun 27, 2014

Monsoon and markets: Sensex will continue its upward journey despite bad news

Historical evidence prove that the impact of a drought-like situation on the markets may not be as deep as it has been made out to be #restructuring #Investment #Indian Railways #Growth #Railway Budget
Modi's restructuring sees 17 ministries clubbed under 7 ministers

May 27, 2014

Modi's restructuring sees 17 ministries clubbed under 7 ministers

In a restructuring of his Cabinet, Prime Minister Narendra Modi today combined 17 related ministries into seven different groups, including some infrastructure departments, in an apparent bid to ensure synergy and better results. #restructuring #Narendra Modi #NewsTracker #Modi #Narendra Modi as PM #Modi's cabinet #Modi PM Cabinet
Rahul effect? Gujarat Congress suspends 23 absentee leaders

Jan 30, 2014

Rahul effect? Gujarat Congress suspends 23 absentee leaders

The Gujarat Congress on Wednesday removed 23 members of its state executive including a vice-president and two general secretaries, because they had skipped two meetings in a row without obtaining prior permission. #Politics #restructuring #India #BJP #NewsTracker #Rahul Gandhi #Gujarat state Congress #Party indiscipline #Congress state level meetings