The inter-ministerial committee has discussed hiving off the pipeline and tower businesses of GAIL and BSNL, for second wave of asset monetisation respectively, and leasing them out to private players.
Lok Sabha elections 2019 results: How does the BJP triumph compare with the one in 2014, which it has bettered? Where does it leave the Congress and the Left, and what is its significance for the voter?
Even as Pakistan continues its brinkmanship with India, its sliding economy has required the International Monetary Fund to bail it out for the 13th time in 3 decades. How dire is its financial state, how did it get here?
The findings of the committee would be submitted to the President. If he is of the opinion there are reasonable grounds for inquiry, he would refer it to the Chief Justice of India, who may nominate a Supreme Court judge to conduct an inquiry.
The Indian Express has learnt that the proposal envisages setting up of two committees — one, to receive and decide on complaints against the CIC and a second one for complaints against Information Commissioners.
Economists are looking at signals such as drop in vehicle sales and production cut, drop in consumption of food items, slower growth in core industry segments. A look at the possible reasons, and the concerns
Gains from GST and insolvency code will begin to accrue, but may not immediately translate into higher growth rates. The impact of the new government’s decisions will take a while to show. Major worries remain at home and abroad. Expect volatility in the stock markets.
Then Chief Statistician T C A Anant confirmed that the release of data was withheld. “Niti Aayog had issues with a particular proxy we used for corporate sector growth estimates,” Anant told The Indian Express.
This story of a “joint family approach”, being shared in a small circle of past directors of the RBI Central Board, holds much relevance in the context of the current debate on the optimal level of reserves the Reserve Bank must hold.