If confirmed, Subramanian's appointment will bring a second economist of international renown after Rajan.
Finance minister Arun Jaitley on Thursday made a strong case for lower taxes.
The 69th round of NSSO shows 66% of rural households had a pucca structure in 2012.
The decision of the government is reduction in diesel subsidy by 50 paise per month.
FDI is banned in multi-brand retail and the same applies to e-commerce also,” Nirmala Sitharaman said.
Between fiscals 2009 and 2014, India's energy import bill surged at an average 14 per cent annually.
In its annual report for 2013-14, RBI said monsoon will not have a debilitating impact on the economy.
Prime Minister Narendra Modi gifted a clutch of infrastructure projects including a metro for Nagpur.
Arun Jaitley's comments follow launch of an investigation into Syndicate Bank MD bribery case.
Currently, the state VAT applies to traders with a turnover above Rs 10 lakh in the case of most states
West Bengal, Jharkhand, Chhattisgarh and MP have slashed the value-added tax on ATF.
A July 23 notification has taken away Delhi ACB's power to prove central govt employees in graft cases.
Finance Minister says current situation has to be reversed to achieve sustainable GDP expansion.
While unveiling his vision for economy, PM Narendra Modi promised to take through many of...
Rajan, specifically cited policy changes like the quantitative easing by the US.
In June, wholesale prices rose 5.43 per cent year-on-year, their slowest pace in four months.
Projecting a better growth outlook for India, global rating agency Moody's...
Jitendra Singh said there was no scientific evidence of a drought this year.
India's industrial output is expected to expand for a third straight month in June.
Prime Minister Narendra Modi is scheduled visit to Washington in late September.
Sources said the ministry has listed out the changes in PSC norms for pre-NELP & NELP blocks in a note.
Economists also predict that July inflation would be almost unchanged from a month earlier.
GAARs are intended to prevent businesses from reducing tax liability through legal loopholes.
Some of the changes to the SEZ scheme may be announced in the forthcoming foreign trade policy.
The Reserve Bank of India is planning to relax the restrictions under FEMA.
In December 2013, under Sharma, former commerce and industry minister, the Bali package was negotiated.
Lengthy registration processes and burdensome stamp duties could hinder the establishment of I-REITs.
Just like his predecessor, PM Modi has imposed export curbs and cracked down on hoarding.
Chances are poor monsoon will not affect food inflation levels in any serious manner.
Rice levels at -2.9%, wheat -10.3%; Article 18.4 allows inflation-adjustment.
According to FY15 Budget, a total of Rs 7.8 lakh crore is to be transferred to states from the Centre.
Ratan Tata had said on Wednesday there were no signs of industrial development in West Bengal.
Finance ministry is set to immediately release about Rs 25,000 crore to the states to make good their past losses on central sales tax (CST) revenue.
Still not much sign of industrial development in West Bengal, says Ratan Tata.
HSBC Emerging Markets Index, a monthly indicator derived from PMI surveys, stood at 51.7 in July.
Road ministry wants green clearances for road construction in areas up to 100 kms to be automatic.