Tuesday, 18 December, 2018

Economy

Prime Minister Narendra Modi arrives in Buenos Aires for the G20 Summit | PTI

PM Modi’s foreign trips cost taxpayers more than Rs 2,000 crore

The cost of Modi's 84 foreign trips includes the maintenance of Air India One & setting up a secure hotline.
File photo Shaktikanta Das | PTI photo

Shaktikanta Das expected to play it safe at his first RBI board meeting tomorrow

RBI board is likely to sign off on terms of reference of the committee that will look into the issue of transfer of surplus RBI reserves.

Indian markets upbeat after dip in inflation, appointment of new RBI chief

Shaktikanta Das' views that inflation is benign has given economists hopes that the RBI may lower interest rates.
File photo Shaktikanta Das

The ‘palace intrigue’ RBI’s new chief Shaktikanta Das will have to watch over his shoulder

Subramanian Swamy had alleged in 2016 that Shaktikanta Das was involved in a shady land deal in Chennai.
An iPhone XR

Apple’s got a ‘Netflix for magazines’ now but publishers aren’t jumping with...

Apple is preparing to relaunch Texture, an app it agreed to buy in March that offers unlimited access to about 200 magazines.
Shaktikanta Da

Indian bonds rally amid hope of dovish monetary policy as new RBI chief takes charge

The new RBI chief Shaktikanta Das comes in at a time when inflation is trending lower in India amid an easing in food and energy costs.
Union Finance Minister Arun Jaitley addresses the media at his office, in New Delhi, Monday

Increased formalisation of economy can double the number of income tax payers: Jaitley

Arun Jaitley said that 6.86 crore I-T returns have been filed in 2018, it is expected to go up to 7.6 crore before the present government completes its term. 
Shaktikanta Das

Reading the mind of the new RBI Governor, one tweet at a time

Shaktikanta Das has served under the Modi government but civil servants appointed to the post of RBI governor don't always toe the line. 
File photo of Shaktikanta Das | Kiyoshi Ota/Bloomberg

RBI chief Shaktikanta Das faces a long to-do list in new job

Das’s first test comes on Friday when the RBI board is due to meet.
RBI building

China’s central bank is moving in the right direction. The same can’t be said about RBI

India can burn through as many central bankers as it wishes, but unless politicians let the Reserve Bank of India do its job, the economic setup will fall short of the nation's aspirations.
madhya pradesh

MP push for 70% industry jobs to locals: Valid regionalism or is Congress the new Shiv Sena?

Kamal Nath, on his first day as Madhya Pradesh chief minister, announced incentives for industries that hire 70 per cent local workers. When questioned about th...

Modi’s BJP is not just Congress + cow, but it is Congress + cow + Indira Gandhi

Young Indians bought new hope & optimism of Brand Modi in 2014. Now they're confused & angry as BJP government turns out to be Indira-era Congress, plus a cow.