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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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INTERNATIONAL RELATIONS

Trade setup: Nifty likely to stay muted; protect profit at higher levels

Monday’s session is likely to see 12,295 and 12,340 levels act as resistance.

Working with India on pact against unilateral US Sanctions: Sergey Lavrov, Russia’s foreign minister

Against the background of the increasing...

EU launches Iran Nuclear-deal dispute action

The three countries, which signed the international agreement in 2015 along with the US, Russia ...

ET Prime Distribution
  • The acts of a company’s internal management are normally not interfered by a judicial review, unless these acts were in conflict with the law, and were generally seen to be prejudicial to the interest of a large section of the company’s shareholders. Verdicts under company law have tilted in favour of the larger interest of the company, as opposed to individual interest.

    Iran announced Tuesday its first arrests over the shooting down of a Ukrainian airliner last week, as it struggles to contain the fallout from the disaster that sparked three days of protests.

    Admitting the petitions from the Indian Broadcasting Foundation (IBF), and top broadcasters, the two judge bench of justice SC Dharmadhikari and Justice RI Chagla issued notice to Trai asking to respond within a week. The court will hear the matter or January 22nd.

    The panel may want the POSCO Act to consider as an offence the act of “advocating or counselling sexual activity” to a minor, and may want an international cyber crime reporting portal to facilitate the reporting of sexual crimes against children from all over the world. The panel is learnt to have submitted its report to RS chairman Venkaiah Naidu.

    Just two days before President Donald Trump is set to sign a "phase one" trade agreement with China, the US Treasury said in its semi-annual report to Congress that the yuan has strengthened and Beijing is no longer considered a currency manipulator.

    The last date for providing comments on the draft model concession agreement has now been extended to February 10, 2020, it said. The earlier date was January 10, 2002. The Aayog is of the view that India has a dire shortage of qualified doctors and hence it is practically not possible for the central/state government to bridge the gap.

    "We understand from Mylan NV's press release dated January 8, 2020, that Mylan Pharmaceuticals has initiated a voluntary recall of three lots of Nizatidine Capsules, USP (150 mg and 300 mg strengths) due to detected trace amounts of impurity...," Solara Active Pharma Sciences in a filing to BSE.

    The S&P BSE Power index was trading 0.15 per cent up at 1975.78 .

    The consortium, consisting of 13 media organizations, says the "double criminality" portion of the proceedings will involve only a question of law, and that question will not directly engage Meng's fair trial rights since it does not pertain to her guilt or innocence.

    Maple Leaf Foods chief executive Michael McCain said late Sunday in a Twitter message that a colleague lost his wife and child to a "needless, irresponsible series of events in Iran."

    Maskin says solving climate change is not so easy because every country, though delighted if other nations reduce their carbon emissions, is reluctant to make those reductions itself as it is economically painful.

    Complaints to the National Financial Reporting Authority (NFRA), the regulator of CA firms, are likely to cite failures of Grant Thornton and PwC in spotting irregularities, market sources said. Investors have also demanded a copy of the forensic audit conducted by Grant Thornton. PwC was the statutory auditor of Reliance Home Finance.

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