NEW DELHI, Jan 27 (Reuters) – Indian Prime Minister Narendra Modi is pouring billions into ailing state-run firms after slowing ambitious divestment plans that were intended to reduce the role of the state in business, according to government sources and a document
Mumbai, Aug 26 (PTI) The Reserve Bank of India (RBI) is likely to rely on liquidity management to tackle a spike in vegetable prices which are more temporary in nature, but it could hike rates if cereal inflation begins to pick up,
NEW DELHI, Aug 25 (Reuters) – India’s finance minister on Friday said taming inflation was a priority, and that hiking interest rates was not the only tool available. “Obsession to use interest rates as the only tool to deal with inflation and
All the central government employees and pensioners are eagerly waiting for the July DA hike. The announcement is to be made in September. There is no official confirmation on the DA hike announcement date, but media reports are speculating that the decision
Kolkata, Aug 22 (PTI) Economic Advisory Council to the Prime Minister (EAC-PM) Chairman Bibek Debroy on Tuesday said the government was losing revenue due to the GST, which should be revenue neutral with a single rate. Speaking at an event organised by
