RBI has allowed banks to dip further into statutory liquidity reserves to help them meet their liquidity coverage ratio needs after Modi govt raised custom duties.
RSS chief Mohan Bhagwat has backtracked on his retirement rules. The ‘75-year rule’ was applied selectively to sideline some leaders, but it doesn’t apply to the top brass.
A public meeting, where the women voiced their protest, took place this month in Delhi, grounded on the findings of an AIDWA survey, covering 9,000 women borrowers.
Joint submarine patrol ‘covered more than 2,000 nautical miles’ and was joined by Russian support vessels. Beijing maintains exercise ‘not directed against any third party’.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
A wonderful anslysis of events judging the outcome of 2019 elections. The BJP will win more seats provided
First and Foremost They Should Not to Act as though they have the chirag of Allahdin with them and make Promises which can NEVER Be Achieved. Total Immaturity shown at the time of making promises in 2014. At least now they should refrain from making such false promises
2. It’s leaders should exercise restraint over the comments of the Congress leaders w.r.t the comments made as regards our Prime Minister Any act of rebuttal is making BJP further go down the dungeon. If the BJP maturely handles such atrocious comments , I think they will be able to score over the immutarity showed
2. The inflation factor is the second aspect
3. The fuelling of the Banks to come out of the red and the partisan attitude towards the defaulting industrialists who have swelled the NPA of the commercial banks will cost them dearly.
4.They should stop the blame game of financial Scams instead come up with mechanisms and results to show the country that they mean business in bringing the scamsters to book
5. The issue of Black money is like searching a way out in a maze. If they have the list and they have nothing to fear then they should publicise the same. Unless bringing this in the print media may cost them from being ousted.
I think their spokes persons must behave maturely in any debate in a disciplined manner rather than shouting like school children.
They should understand that even though we are having a low literacy rate , yet the no.of such prople who get swayed by fire statements is dwindling and today even such people are now understanding the gimmicks involved. In the long run exercising restraint, making a point of view more maturely and stating with facts will be better accepted rather than the cacophonic statements.
There is another way of looking at fuel prices from a political – economic prism. When oil was surging to $ 140 a barrel, UPA II, already facing headwinds, was reluctant to raise fuel prices. It asked ONGC to share the subsidy burden, hollowed out the finances of the Oil Marketing Companies, issued oil bonds which were a total accounting fudge. This could be called bad economics trumping politics. 2. The situation today is different. 1.50 from GoI ( actually out of a divisible pool ), 1.00 from the OMCs, 2.50 from BJP ruled states, the relief of five rupees cannot be dismissed as fiscally irresponsible populism. The welter of duties and taxes has been continuously raised, by both Centre and states, in a rare burst of cooperative federalism, to mop up the windfall gain from falling crude prices, all the way down to about $ 30. Instead of households burning cheaper imported fossil fuel with abandon, let us keep prices high and use the money for all the wonderful work we are doing, which does not include any creation of capital assets. Had this bonanza not materialised, the government(s) would have either found other sources of revenue or cut back on less essential expenditure. Now that prices have risen to about $ 80, it is equitable for government to shed this temporary gain and get back to alternate resource mobilisation. 3. Simple test. Compare the tax element included in the retail prices of diesel and petrol with other developed and developing countries, even ignoring vast differential in per capita income, to figure if Indian consumers are or are not being gouged.
A wonderful anslysis of events judging the outcome of 2019 elections. The BJP will win more seats provided
First and Foremost They Should Not to Act as though they have the chirag of Allahdin with them and make Promises which can NEVER Be Achieved. Total Immaturity shown at the time of making promises in 2014. At least now they should refrain from making such false promises
2. It’s leaders should exercise restraint over the comments of the Congress leaders w.r.t the comments made as regards our Prime Minister Any act of rebuttal is making BJP further go down the dungeon. If the BJP maturely handles such atrocious comments , I think they will be able to score over the immutarity showed
2. The inflation factor is the second aspect
3. The fuelling of the Banks to come out of the red and the partisan attitude towards the defaulting industrialists who have swelled the NPA of the commercial banks will cost them dearly.
4.They should stop the blame game of financial Scams instead come up with mechanisms and results to show the country that they mean business in bringing the scamsters to book
5. The issue of Black money is like searching a way out in a maze. If they have the list and they have nothing to fear then they should publicise the same. Unless bringing this in the print media may cost them from being ousted.
I think their spokes persons must behave maturely in any debate in a disciplined manner rather than shouting like school children.
They should understand that even though we are having a low literacy rate , yet the no.of such prople who get swayed by fire statements is dwindling and today even such people are now understanding the gimmicks involved. In the long run exercising restraint, making a point of view more maturely and stating with facts will be better accepted rather than the cacophonic statements.
There is another way of looking at fuel prices from a political – economic prism. When oil was surging to $ 140 a barrel, UPA II, already facing headwinds, was reluctant to raise fuel prices. It asked ONGC to share the subsidy burden, hollowed out the finances of the Oil Marketing Companies, issued oil bonds which were a total accounting fudge. This could be called bad economics trumping politics. 2. The situation today is different. 1.50 from GoI ( actually out of a divisible pool ), 1.00 from the OMCs, 2.50 from BJP ruled states, the relief of five rupees cannot be dismissed as fiscally irresponsible populism. The welter of duties and taxes has been continuously raised, by both Centre and states, in a rare burst of cooperative federalism, to mop up the windfall gain from falling crude prices, all the way down to about $ 30. Instead of households burning cheaper imported fossil fuel with abandon, let us keep prices high and use the money for all the wonderful work we are doing, which does not include any creation of capital assets. Had this bonanza not materialised, the government(s) would have either found other sources of revenue or cut back on less essential expenditure. Now that prices have risen to about $ 80, it is equitable for government to shed this temporary gain and get back to alternate resource mobilisation. 3. Simple test. Compare the tax element included in the retail prices of diesel and petrol with other developed and developing countries, even ignoring vast differential in per capita income, to figure if Indian consumers are or are not being gouged.