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Why it’s time for India to rethink its inflation target regime

Is inflation targeting right for India, and does it focus on the right target?
The Economic Times

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INDIAN INSTITUTE OF MANAGEMENT

Letter from Wall Street: Dear PM Modi, your politics can wait, but the economy cannot

Use the mandate to implement policies that will make their lives better in the short, medium and long term.

In talks with Indian firms to issue green bonds: Luxembourg Stock Exchange CEO

Green bonds are debt instruments issued to fund green projects...

Bharat Electronics commissions real time train information system for Indian Railways

The system has been commissioned through the Centre for...

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  • ‘The main purpose of the MoU is to review the existing ‘beat policing system’ of the state police and make recommendations for further strengthening of the system. We would also aim at strengthening the law and order and exchange research personnel and technical expertise’, said OP Singh, Director General of Police (DGP), UP in a statement.

    While the proposed legislation garnered support from all other departments and ministries but the home ministry, during inter-ministerial consultation, stated that there was no need for a separate legislation to check violence against members of a specific profession. It also said that IPC and CrPC have enough provisions to deal with such cases.

    The fellowship is designed to enhance awareness and interest in high-quality academic research among young engineering, management, sciences and humanities students through a goal-oriented summer mini-project undertaken at IIT Madras.

    “We will transfer 50 more people from the board,” an official in the know of the matter told ET. These officials will be moved to other divisions. “Around 200 senior officers will also be moved out from Northern Railways,” the official said. The downsizing is likely to happen across all 18 zones of the Indian Railways, the official said.

    Indian Oil and National Petroleum Authority of Ghana signed an initial agreement in the presence of Oil Minister Dharmendra Pradhan on Wednesday that would set-off cooperation between the two countries on increasing cooking gas penetration in the African nation.

    Asset quality remained stable with gross NPA ratio at 0.9% and net NPA ratio at 0.4%.

    SER is now poised to achieve 170 million tonne (mt) of originating freight loading in this financial year surpassing the target of 164 mt set by the Railway Board, the statement added. In step with this objective, a Freight Customer Meet was organized at SER Headquarters, Garden Reach on January 21 to assess the growth projections for the remaining two months of this financial year.

    Addressing the inaugural session of a symposium on "Human Spaceflight and Exploration - Present Challenges and Future Trends," Sivan said the Gaganyaan mission not only aims at India's maiden human flight to the space but also setting up a new space station for 'continuous space human presence'.

    A team of researchers at the premier engineering institute’s Department of Computer Science and Engineering used a novel method to automate the reading of a legal document by using a more evolved Machine Learning technique.

    Manufacturing of sports goods has seen a 25% increase this year in Jalandhar — the sports city of India compared with 10% growth last year. Manufacturers and importers have attributed this growth to improved health consciousness among Indians, higher number of gymnasiums and an increase in sporting activities in schools.

    "I want to ask them all, was any new solution found during your 50-60 years rule to provide employment to the youth of this country having 130 crore population...you did not do anything new and are now seeking answers from us (Hisaab maang rahe hain?)," Amit Shah said, without naming any particular political party.

    How well do organisations in India truly understand their workforce? And as a corollary, how genuinely invested are they in employee engagement and well-being? The questions at this present juncture may sound regrettably rhetorical — but they are the ones HR leaders in companies across India need to be asking themselves urgently.

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