(PTI) Urjit Patel will appear before a parliamentary panel on July 6 during which he is expected to be questioned about total deposits made in banks post government’s demonetisation move. This is the fourth time Patel has been summoned by the Parliamentary Standing Committee (PSC) on Finance, headed by Congress MP and former Union Minister Veerappa Moily. Patel had appeared before the panel on January 18, but sought exemption from appearance on two subsequent occasions, saying he was busy with the monetary policy review. The RBI’s Monetary Policy Committee held its two-day policy meet on June 6-7. Patel has been…
Author: Aruna Sharma
(FE) Over 4.9 million central government employees will likely start receiving revised allowances, including for house rents (HRA), from July, 18 months after their pays were hiked as per the Seventh Pay Commission’s (SPC) award. While the payout will help consumption — private consumption growth had decelerated a bit in the final quarter of last fiscal and analysts see an incipient pick-up in spending — as the Reserve Bank of India observed in its second bimonthly monetary policy statement for FY18 on Wednesday, it could pose an upside risk to inflation. The RBI has projected retail inflation to be 2-3.5%…
(PTI) किसानों के हिंसक विरोध प्रदर्शनों से प्रभावित मंदसौर शहर और पिपलिया मंडी के हालात में सुधार होने पर प्रशासन ने इन इलाकों में आज दिनभर के लिए कफ्र्यू में ढील दे दी है। पुलिस अधीक्षक मनोज कुमार सिंह ने कहा कि अधिकारियों ने हालात में सुधार होने पर सुबह 10 बजे से शाम छह बजे तक कफ्र्यू में ढील देने का फैसला किया है। पुलिस ने कहा कि कफ्र्यू में दी गई ढील की अवधि में किसी प्रदर्शन, रैली या धरने की इजाजत नहीं होगी। कलेक्टर ओ पी श्रीवास्तव ने कहा कि जिले में किसी अप्रिय घटना की सूचना नहीं मिलने…
(ET) Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan in presence of chief minister Virbhadra Singh today laid the foundation stone of Rs 507 crore Indian Oil Terminal at Pekhubella in Una assembly constituency in Himachal Pradesh. The Una terminal would be strategic storage point for Indian defence to meet annual winter fuel stocking in Leh and Ladakh and enroute Pathankot to Srinagar besides for Indian defence at Karu, Nima, Upshi, Kyari through the mighty Rohtang. It would cater to 224 retail outlet, 22 superior Kerosene Oil agencies, 125 consumer pumps meeting requirement of 580,000 KL annually…
(PTI) Government think-tank NITI Aayog will pick three states out of the 16 that made a presentation to the Aayog for development support to transform their health sector. NITI Aayog CEO Amitabh Kant chaired the meeting convened to help states give their health sector a makeover over the next 3 years. “Today, 16 states make a presentation to NITI for development support to transform their health sector! 3 states to be selected #CompetitiveFederalism,” the Aayog said in a tweet.
(PTI) प्रधानमंत्री नरेंद्र मोदी ने अस्ताना में आयोजित शंघाई सहयोग संगठन शिखर सम्मेलन से इतर आज चीनी राष्ट्रपति शी चिनफिंग से मुलाकात की। दोनों नेताओं ने चीन-पाकिस्तान आर्थिक गलियारे और परमाणु आपूर्तिकर्ता समूह :एनएसजी: में भारत की सदस्यता के मुद्दे पर बढ़ते मतभेदों के बीच दोनों देशों के द्विपक्षीय संबंधों को सुधारने के तरीकों पर चर्चा की। भारत द्वारा बेल्ट एंड रोड फोरम का बहिष्कार किए जाने के बाद दोनों नेताओं के बीच की यह पहली मुलाकात है। पिछले माह बीजिंग में आयोजित इस फोरम का भारत ने बहिष्कार किया था। इसमें विश्व के 29 नेताओं ने हिस्सा लिया था।…
The Union Minister of Shipping, Road Transport & Highways Shri Nitin Gadkari has said that an investment of Rs 2 lakh 50000 crore is being made in Tamil Nadu under Sagarmala. Of this Rs.39,000 crore will be for port modernization, Rs.55,000 crore for port connectivity and Rs.1,50,000 crore for port led industrialization. The minister said this at Kamarajar Port in Chennai today, where he inaugurated several new projects. The projects include a New Container Terminal worth Rs.1270 crore, a new multi cargo terminal worth Rs.151 crores, Railway line to Container and Multi cargo terminal worth Rs. 60 crore, and RFID…
The Prime Minister, Shri Narendra Modi, held bilateral meetings with the leaders of Kazakhstan, China and Uzbekistan, on the sidelines of the SCO meeting in Astana. In his meeting with President Nursultan Nazarbayev of Kazakhstan on Thursday, the Prime Minister congratulated Kazakhstan for membership of the UN Security Council in 2017-18. President Nazarbayev received the Prime Minister warmly and recalled his earlier visit to Kazakhstan in 2015. Both leaders reviewed progress on decisions and agreements made during that visit. Kazakhstan is currently the largest supplier of uranium to India, and both sides agreed to maintain the partnership. Cooperation in this area…
(Tribune) The 13-day budget session of the Uttarakhand Assembly will commence here on Thursday.Parliamentary Affairs Minister Prakash Pant, who also holds the Finance portfolio, would present the budget for 2017-2018 on the opening day of the house, which would then come up for discussion on the following days.Speaker Prem Chand Agarwal convened an all-party meeting today ahead of the session and called upon the representatives of the political parties to cooperate so that the House can work smoothly. “I have asked the representatives of both the Opposition and the treasury benches to cooperate for the smooth functioning of the House.…
(AT) राष्ट्रपति प्रणब मुखर्जी ने बुधवार को आगाह किया कि हर वर्ष रोजगार बाजार में प्रवेश करने वाले एक करोड़ लोगों के लिए पर्याप्त मात्रा में रोजगार सृजन नहीं हो रहे हैं जो देश के जनांकिकीय लाभांश का सही लाभ उठाने के रास्ते में बाधा की तरह है. ऑल इंडिया मैनेजमेंट एसोसिएशन के हीरक जयंती साल पर विशेष कार्यक्रम में प्रणब मुखर्जी ने कहा कि देश में उद्यमिता के लिए पूर्ण प्रशिक्षण देने वाली प्रबंधन शिक्षा की तत्काल जरूरत है. उन्होंने कहा, हर वर्ष एक करोड़ लोग रोजगार बाजार में आते हैं लेकिन उनके लिए पर्याप्त मात्रा में रोजगार सृजित नहीं…