RBI Governor Urjit Patel, who had recently gone public with the legal limitations faced by the central bank in regulating state-owned lenders in the light of over Rs 13,000-crore scam at PNB, reiterated that there is an "asymmetry" in its powers between government and private banks
The Economic Survey on Monday suggested that the government should complete Air India disinvestment within the next financial year
The Economic Survey for 2017-18 was tabled by Finance Minister Arun Jaitley in Parliament on Monday
Lack of reliable jobs data has thrown up big challenges before the central government to solve unemployment problem
The meeting's outcome tomorrow is being keenly awaited by all stakeholders including industry and stock markets.
The WPI figure is at the lowest level in at least eight months -- since the availability of data for the new 2011-12 base year series
In the past, the MPC has shown who the boss is when it comes to deciding the course of interest rates by refusing to meet the finance ministry officials before the monetary policy decision
Already, the graph of employment generation under the Narendra Modi government is on the declining course; the economy may not be able to take another round of job losses
Talking to reporters after RBI released its statement, Subramanian said there is a plausible alternative macro-economic assessment
Sisodia said many politicians "invest their black money" in real estate business.
The absence of data prevents scholars and analysts from evaluating the gains or losses the economy has suffered over the years.
The point is competition has actually improved Air India's performance, Subramanian said
The Survey wants the government to focus on apparel and footwear sectors to boost job creation
Highlighting the short term pain in the economy, Subramanian is holding a mirror to finance Minister Arun Jaitley, who is set to present the Union Budget on Wednesday
The survey is candid in pointing out that there will be a slowdown in growth this year too which will be between 25 to 50 bps lower than their baseline projection of 7%
The GST Council's decision to peg the tax rate on items of mass consumption at 5 percent will bring down prices and soften inflation, Chief Economic Advisor Arvind Subramanian said today.
In a bid to boost pulse output and check prices, the Chief Economic Advisor-led panel today asked the government to immediately announce higher MSP of gram (chana) to Rs 4,000 a quintal for rabi 2016 and Rs 6,000 a quintal for both urad and tur for kharif season 2017.