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Don't dilute UPA's MNREGA, it provides economic security: Economists to PM

The letter argues that capping it to 200 districts and restricting state spending will dilute MNREGA's benefits.

For the PM, FY14 is 1991 minus optimism

When Manmohan Singh read out his maiden Budget speech as finance minister in February 1991, the economy was similar to what it is at present, marred by challenges of rising current account deficit, a high fiscal deficit, rising inflation and slowing growth. But, in what is likely the last Budget under Prime Minister Manmohan Singh […]

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Global stocks,dollar fall on second day of US shutdown

Investors are also looking for an indication of how negotiations play out over the looming need to raise the government’s debt ceiling.

Panagariya,Gopinath among top contenders for CEA job

Economists Gita Gopinath and Arvind Panagariya are the likely front runners for the post of the finance ministry’s chief economic adviser (CEA).

‘Re pain may force RBI to maintain status quo’

A rate cut to prop up sagging growth is unlikely when the Reserve Bank of India (RBI) unveils the first quarter monetary policy review on July 30 as focus will be more on supporting the battered rupee,said bankers and economists

US jobless rate rises to 7.6%

American employers added 175,000 jobs in May,almost exactly the average monthly job growth over the last year,the Labor Department

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Economists predict 4.8% GDP growth in quarter 4

Overall economic expansion in FY13 might hit a decadal low of around 5%.

Sandy left $50 bn hole in US pocket

New estimate shows steep rise,$30-bn assets lost

NSS data: Better wait for final figures

The provisional data on household consumption expenditure from NSS,has generated a lot of debate:

Dip in core inflation for 4th month may embolden RBI

A gradual but steady softening in the non-food manufactured inflation or core inflation coupled with muted industrial output may force the Reserve Bank of India to loosen its grip on the tight monetary stance

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