Newsroom24x7 Network New Delhi: The summary action at the PMO level resulting in the premature repatriation of Gopal Krishan Gupta, Indian Railway Service of Mechanical Engineering (IRSME 1987), Joint Secretary, Ministry of New and Renewable Energy, Government of India since he had misused his official position to acquire complementary passes for the IPL match between
Newsroom24x7 Network New Delhi: Ahead of parliamentary elections, Union Cabinet today (7 January 2019) approved 10 per cent reservation for the economically weaker sections cutting across religious lines in government jobs and education. The General or the unreserved category of candidates from the economically backward or deprived sections will get the benefits of this reservation.
Newsroom24x7 Desk Mumbai : The Reserve Bank of India (RBI) has kept its policy rate on hold at 6.75 percent, as it announced so today, this Tuesday, and the announcement has come as no surprise as it has matched with the anticipation and expectations of such a move, in toto. The status quo raises hopes
Newsroom24x7 Staff New Delhi: Modi-led NDA Government at the Centre has opted for a major climb-down on the Land Acquisition Bill and efforts are now on to ensure the passage of a much diluted Bill at the fag end of the ongoing monsoon session of Lok Sabha. There are indications that the Government is ready
Newsroom24x7 Desk Hong Kong: Fitch Ratings has affirmed India’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB-‘. The issue ratings on India’s senior unsecured foreign and local currency bonds are also affirmed at ‘BBB-‘. The Outlooks on the Long-Term IDRs are Stable. The Country Ceiling is affirmed at ‘BBB-‘ and the Short-Term
Newsroom24x7 Desk The Indian budget released this past Saturday contains both positive and negative elements from a sovereign perspective. While the budget shows this government’s continued orientation on implementation of structural reforms, it could have been more ambitious on the fiscal front, especially given India’s high public debt burden. Making this observation Thomas Rookmaaker, Director
Newsroom24x7 Desk New Delhi: The Union Finance Ministry today released the Economic Survey 2014-15 which presents the economic outlook and the Modi Government’s Policy chhallenges. The Survey prepared by chief economic adviser Arvind Subramanian and released ahead of the Budget for 2015-16 shows that Macroeconomic fundamentals in 2014-15 have dramatically improved. The Survey highlights are:
Newsroom24x7 Desk New Delhi, Feb. 3: Prime Minister Narendra Modi, who heads as chairman the newly constituted National Institution for Transforming India (NITI Aayog), will be meeting eminent experts and economists here on February 6. Finance Minister Arun Jaitley will be conducting this meeting. Eminent experts and economists invited for the meeting include Ashok Gulati,
A Newsroom24x7 Analysis Prime Minister Narendra Modi came to power with the vision to make India a global manufacturing hub. He spelt out his priority in crystal clear terms when he invited global players from the ramparts of Red Fort on Independence Day by raising the slogan–“Come Make in India”. The Prime Minister has given himself the mandate
Newsroom24x7 Desk New Delhi, Jan. 9: Four months after the formation of the Modi Government at the Centre, India’s total external debt stock (at end-September 2014) was placed at US$ 455.9 billion, recording an increase of US$ 13.7 billion over its level at end-March 2014. According to data released for the quarter ending September 30,
