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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



Businesses face digital ceiling in transformation progress: Infosys study

Digital marketing is a particularly strong capability for Indian companies, according to the new global study by Infosys Knowledge Institute. The Infosys Digital Radar 2020, which measured companies' progress against 22 digital initiatives, this year found that India ranks the highest in the Digital Maturity Index at 71.4, whereas the overall digital maturity, stands at 62.3.

Uco Bank to on board fintech firms for borrowers' input

The Kolkata-based lender will soon migrate to a new loan origination platform for ret...

DPIIT launches paperless licensing process for petroleum service stations

Paperless application and grant of licence process for road tankers...

ET Prime Distribution
  • The system has been commissioned through the Centre for Railway Information System, under the technical guidance of Space Applications Centre at ISRO. RTIS provides real-time positional information of locomotives to the Railways. It facilitates automatic acquisition of train movement data, including that of arrival, departure and run-through timings, at the stations en route.

    The BCCI brass led by Sourav Ganguly has adhered to specifications given in the new constitution where qualification for applying for senior selector's post requires a candidate to play either seven Tests and 30 first-class games or 10 ODIs and 20 first-class matches. The person needs to be retired from all forms of cricket for at least five years.

    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.

    Both Vodafone Idea and Airtel have submitted their applications with Ericsson, Nokia, Huawei and ZTE, while Reliance Jio has submitted an application for trial with Korea’s Samsung, which is also the sole gear vendor for its pan-India 4G network. State-run telco BSNL, on the other hand, has submitted the application with ZTE only for trials.

    A Schengen visa is needed for 26 European countries, including Austria, Denmark, France, Germany, Greece, Switzerland & Spain. The increase in the visa fee comes as an updated Schengen Visa Code will apply from Feb 2, 2020. Children aged 6 to 12 will have to pay Euro 40 instead of Euro 35, as it is currently.

    An eight-member evaluation committee headed by IIIT Bangalore director S Sadagopan was in charge of scrutinizing these applications. ET had earlier reported that the rejection rates for these applications would be on the higher side due to the high-risk factor of testing these products on a live audience.

    Rural development ministry has invited applications for the post of director general of the National Institute of Rural Development and Panchayati Raj (NIRD&PR) to be done directly or through deputation for w term of five years from the date of assuming charge or until the age of 60 years, whichever is earlier.

    The application includes a 'love diagnostic test' for entrants to test their compatibility with Maezawa.

    PACL, which had raised money from the public in the name of agriculture and real estate businesses, was found by Sebi to have collected more than Rs 60,000 crore through illegal collective investment schemes (CIS) over a period of 18 years.

    Last month, Telecom Minister Ravi Shankar Prasad had said the government will allocate airwaves to all telecom service providers for conducting trials of super-fast speed 5G network. India will not bar any equipment suppliers in the upcoming trials for 5G.

    According to a banking source, more than 100 proposals have already been submitted to SBICAP Ventures by December 31. A source said that seeing the urgency of the matter, banks are working overtime to clear the applications.

    For onboarding central departments and states, the government is looking at two single point of contacts, one each from central department and state; list of licences and documents; detailed processes; timelines for each approval /deemed approvals; and support for IT systems integration from all departments, an official said.

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