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Why it’s time India should rethink the inflation target regime

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



Nepal Police arrest over 120 Chinese nationals for defying immigration law

Kathmandu (Nepal), Dec 25 (ANI): 122 Chinese nationals were arrest...

Law firm’s role in PNB case under lens

CBI had seized documents related to the estimated Rs 13,570-crore scam from Lower Parel office of Cyri...

India has 'isolated' itself through CAA: Former foreign secretary

Speaking at an event where a number of academicians discussed the adverse i...

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  • UCO Managing Director AK Goel said that recovery from four accounts, namely Ruchi Soya, Essar Steel, RattanIndia Power and Prayagraj Power, is complete. This may help the bank reduce net losses in the third quarter while the bank is expecting to be back in black in the fourth quarter.

    The draft National Statistical Commission (NSC) Bill 2019 proposes a statutory National Statistical Commission with an independent secretariat headed by a secretaryrank officer and comprising five whole-time members including a deputy governor of RBI, chief statistician of India, chief economic adviser and the CEO of Niti Aayog.

    Hailing the Prime Minister Narendra Modi led NDA government for enacting the Citizenship (Amendment) Act, BJP national vice president Shivraj Singh Chouhan on Monday said that Modi was like "God" for the migrants who faced religious persecution in Pakistan.

    On Tuesday, the IT behemoth made an out-of-court settlement for $800,000 (Rs 5.7 crore) with the California Attorney General on charges related to alleged violation of B-1 visa rules by it. The charges include employing about 500 Infosys staff in California on B-1 visas rather than H-1B visas between 2006 and 2017.

    The CAA goes against the constitutional vision. This classification is not a reasonable classification because, one, it does not cover all the neighbouring countries. Two, it does not cover all persecuted minorities. The CAA is neither based on a reasonable classification nor does it have a rational object or just object to achieve. Three, it is arbitrary.

    The BJP on Saturday announced a mass contact programme to expose opposition parties' "lies" and apprise people of the details of the amended citizenship law to assure them that it is not against existing citizens.

    According to Japan's Kyodo news agency, Ghosn was smuggled out with the help of two private security operatives who pretended to be part of a group of musicians for a Christmas party at his residence. The news comes a day after prosecutors raided the residence as part of an initial probe into his flight.

    Relatively unknown in Iran until the 2003 U.S. invasion of Iraq, Soleimani's popularity and mystique grew out American officials calling for his killing. By the time it came a decade and a half later, Soleimani had become Iran's most recognizable battlefield commander, ignoring calls to enter politics but becoming as powerful, if not more, than its civilian leadership.

    The national capital on Friday witnessed a wave of fresh protests with a car being set on fire during one of the several demonstrations by people in their thousands who took to the streets shouting anti-government slogans over the contentious citizenship law.

    DHFL, Reliance Home Finance, KKR-backed CCD and CG power could add to the woes of Indian banks .

    In March 2019, the Ahmedabad bench of the National Company Law Tribunal (NCLT) had approved the sole RIL-JM Financial ARC bid for Alok for Rs 5,050 crore. RIL wants to raise about Rs 4,550 crore through bank loans while infusing Rs 500-crore equity in the company.

    The state government has decided to make English the medium of instruction for classes 1 to 6 in all schools, replacing the native language Telugu, beginning from 2020-21 academic year, with Telugu or Urdu being a compulsory subject.

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