Montek Singh Ahluwalia

Government-RBI rift: Forcing central bank to give Rs 3.6 lakh cr from cash reserves would jeopardise inflation story

Every year since 2014, the RBI has transferred all the profits it has made to the government

Arvind Panagariya dismisses dual power centres as reason for resigning from NITI Aayog

Panagariya is scheduled to leave Niti Aayog on 31 August and will be succeeded by well-known economist Rajiv Kumar.

Arvind Panagariya says working as NITI Aayog vice chairman was dream come true

"No previous leader has shown the courage to appoint 'an outsider' at this level in the government of India," Panagariya said.

RBI autonomy important, retain its special status, says Montek Singh Ahluwalia

Earlier, the issue of RBI's autonomy was raised by Nobel laureate Amartya Sen and former governors Y V Reddy and Bimal Jalan.

PlanCom proposes 12% hike in gross budgetary support for FY14

Planning Commission is believed to have proposed 12 percent increase in the plan expenditure or gross budgetary support (GBS), which include allocations for social sector schemes like mid-day meal, for 2013-14.

Arvind Panagariya takes charge as NITI Aayog Vice-Chairman

Noted economist Arvind Panagariya, who has been appointed as the first Vice-Chairman of the newly-created NITI Aayog, has taken charge of his office today.

Planning Commission: NITI Aayog brings down curtains drawn over 65-yr-old legacy body

The new institution, which would remain at its predecessor's address, a few blocks away from the Parliament, would also have a CEO, while prime minister would be the chairperson.

Modi shutting the Planning Commission: All you need to know about the central body

The 64-year-old Planning Commission, a vestige of the socialist era, will soon become history as Prime Minister Narendra Modi announced its abolition this past Independence Day. The body will be replace by a more relevant institution.<br />

India has potential to grow 6-7.5%, no need for alarm bells: Montek

Ahluwalia said that emerging markets would need to focus more on FDI and bonds among other measures to make up for the fall in bank credit.<br /><br />

Ambani, Bajaj, Mahindra among Indian execs skipping WEF

Despite these dropouts, Indian delegation still runs into about 125 business and political leaders, which makes India's presence fourth largest after the US, UK and the host country Switzerland.<br /><br />