(FE) Under governor Urjit Patel, India’s central bank will target inflation of 4 percent, three officials familiar with its thinking said, adopting a narrower reading of its mandate than markets in a bid to stamp out rampant price rises of the past. The differing interpretations of amendments to last year’s Reserve Bank of India (RBI) Act reflect sometimes strained relations between the market and the central bank, and are proving a test for Patel some eight months into his tenure. The amendments were part of landmark changes to India’s monetary policy pushed by Patel, then deputy governor, and his predecessor…
Author: Aruna Sharma
(Tribune) Union Minister of State for Power (Independent Charge) Piyush Goel today said the Centre and state had decided to set up a hospitality university in Uttarakhand taking into account the contribution of Uttarakhandi people in hospitality sector in the country and abroad. Addressing a press conference here today shortly after his meeting with Chief Minister Trivendra Rawat, the Central minister said while 75 per cent of the total cost towards setting up of this university would be borne by Centre government’s various public sector undertakings, including Tehri Hydro Power Development Corporation (THDC), the rest of the 25 per cent would…
(BS) Union Finance Minister Arun Jaitley has urged the Asian Development Bank (ADB) to set up a regional hub in New Delhi for the South Asia region in order to keep pace with the growing aspirations of the people and expedite the process of project preparation and delivery for India and other countries in the region. Addressing the 50th Annual meeting of the ADB at Yokohama in Japan, he said that the bank should adopt a country system for procurement, social and environmental safeguards expeditiously. Lauding the efforts of the ADB in eliminating poverty in the region through development of physical…
(TNIE) Stung by the unprecedented protests across Tamil Nadu over the hydrocarbon project in Neduvasal, oil major ONGC has sought to do away with conducting public hearing meetings for its next project of drilling 21 exploratory wells in Ariyalur, Thanjavur, Tiruvarur, and Nagapattinam districts. According to documents accessed by Express, the oil major sought exemption with the Expert Appraisal Committee (EAC) in New Delhi on April 17 this year which in turn recommended that the Ministry of Environment and Forests (MoEF) grant environmental clearance and exemption from conducting public hearing meetings for drilling 21 exploratory wells.Prior to making this recommendation,…
(AU) नक्सलियों से निपटने के लिए नए तरीके अपनाने पर विचार करने के लिए नक्सल प्रभावित राज्यों के मुख्यमंत्री सोमवार को दिल्ली में शीर्ष प्रशासनिक एवं पुलिस अधिकारियों के साथ बैठक करेंगे। गृह मंत्री राजनाथ सिंह बैठक की अध्यक्षता करेंगे। छत्तीसगढ़ में माओवादी हमले में अर्धसैनिक बल के 25 जवानों के शहीद होने की घटना के दो सप्ताह बाद यह बैठक आयोजित हो रही है। गृह मंत्रालय के एक अधिकारी ने बताया कि अनुमान है कि इस बैठक से आगामी दिनों में छत्तीसगढ़ एवं अन्य राज्यों में अपने ठिकाने में छिपे नक्सलियों से लड़ने के लिए नक्सल रोधी रणनीति को…
(FE) TIGHTENING THE screws on state-run companies, Petroleum Minister Dharmendra Pradhan is examining their spending on fringe benefits, such as perks, facilities and foreign travel, for senior officials of public sector undertakings in the oil and gas sector. In a letter dated March 14, Pradhan’s ministry asked all PSUs to submit a report on the perks and facilities being provided to board-level directors, highlighting their monetary implications on the company’s balance sheet and red-flagging if they did not fall within official guidelines. Pradhan’s move follows complaints received from the Central Vigilance Commission and the Cabinet Secretariat, which indicated that PSUs…
(Tribune) Governor Dr KK Paul today laid the foundation stone of a building and stadium of Sanskrit Sansthan on the Raghunath Keerti Adarsh Sanskrit Mahavidyalaya campus at Devprayag in Rudraprayag district. Addressing a gathering, he said in the coming years, this institution would have great significance. Devprayag would be known due to this institute.He said the institute would become the most effective medium for Sanskrit education and propagation of Sanskrit in the state. It would help the youth gain perfection in the language and check migration from hill areas.He said Sanskrit was the root language of Indian civilization and had been…
(DNA) Union Finance Minister Arun Jaitley, while highlighting the initiatives under ‘Make in India,’ called upon Japanese companies to set up facilities in India for manufacture of rolling stock for the metro rail projects, during the bilateral discussion with the Finance Minister of Japan, Taro Aso. During his three-day official visit to Japan to participate in the Annual Meeting of the Board of Governors of Asian Development Bank (ADB), Jaitley and Aso noted the growing synergy between India and Japan and committed themselves towards expanding India-Japan bilateral economic cooperation. Jaitley also had a meeting with the ADB President Takehiko Nakao…
(AU) मंत्रीपद से बर्खास्त होने के बाद आज दिल्ली के पूर्व जल मंत्री कपिल मिश्रा ने सीधेतौर पर आप के मुखिया और दिल्ली के मुख्यमंत्री अरविंद केजरीवाल पर गलत तरीके से जमीन डील के लिए 2 करोड़ रुपए देने का आरोप लगाया है। इस पर अब लगातार सभी दलों से प्रतिक्रिया आ रही है जानिए किसने क्या किया-केजरीवाल पर उनके ही मंत्री द्वारा आरोप लगाए जाने के बाद भाजपा ने प्रेस कांफ्रेंस कर केजरीवाल के इस्तीफे की मांग की। मनोज तिवारी ने पत्रकारों को संबोधित करते हुए कहा कि कपिल मिश्रा ने पहले मामला सीएम के सामने रखा और उनसे…
(First Post) Mango lovers will get to relish a “slender” and “beautiful” mango this summer – a “Yogi mango” named after Chief Minister Yogi Adityanath. The mango variety has been developed by the city’s famous mango grower Padamshri Haji Kalimullah. Kalimullaha, 74, who had earlier named mangoes after Prime Minister Narendra Modi and actresses, has developed the “Yogi mango” in his orchard in the Dussehri mango belt in Malihabad area. The “Yogi mango”, he says, is grown naturally, is slender and beautiful and is a hybrid of the famous Dussehri mango variety. “However, as the mango is still not ripe, nothing can be said about its taste but I hope it will…