Policy

  • India's ratings to depend on next governement economy, fiscal policies: S~~amp;amp;P 17-04-2014 02:29 PM

    Standard and Poor's may upgrade India's outlook if the government that is elected next month addresses some of the country's fiscal and economic challenges through steps such as passing a goods and services tax. "If in the future they implement policies that effectively addresses some of the credit weaknesses that...
  • India's 'no first use' nuclear policy may change under BJP-led NDA rule 07-04-2014 10:21 PM

    New Delhi: The opposition Bharatiya Janata Party (BJP), widely tipped to form the next government, pledged on Monday to revise India's nuclear doctrine, whose central principle is that New Delhi would not be first to use atomic weapons in a conflict. Unveiling its election manifesto, the party gave no details,...
  • Change India: How can we ensure a robust foreign policy? 05-04-2014 02:47 PM

    In the 14th and final edition of the 'Change India: An agenda for the next PM' series, panel of experts discuss ten policy initiatives that will enable the next Prime Minister to frame a more robust foreign policy which promotes and protects India's interests in the world. ...
  • Full text: First 2014-15 bi-monthly Monetary Policy Statement 01-04-2014 11:12 AM

    The Reserve Bank of India on Tuesday released it bi-monthly monetary statement keeping the repo rate unchanged at 8 per cent. The CRR has been kept at 4 per cent. Here is the full text of first bi-monthly Monetary Policy Statement: Monetary and Liquidity Measures On the basis of an...
  • Sensex at fresh record high as RBI keeps rates unchanged 01-04-2014 09:26 AM

    Mumbai: Beginning the new fiscal year on a high note, the BSE benchmark Sensex on Tuesday rose by 60.17 points to all-time closing high of 22,446.44 in a volatile session after the RBI kept key policy rates unchanged. The 30-share index continued its record setting spree for the seventh session...
  • RBI set to announce annual monetary policy today, no changes likely 01-04-2014 09:04 AM

    The Reserve Bank will come out with annual monetary policy on Tuesday amid expectations that it will maintain status quo because retail inflation, especially in food items, is yet to show definite signs of moderation. ...
  • RBI likely to maintain status quo in monetary policy on Tuesday 31-03-2014 03:41 PM

    New Delhi: The Reserve Bank will come out with annual monetary policy on Tuesday amid expectations that it will maintain status quo because retail inflation, especially in food items, is yet to show definite signs of moderation. "It would be quite a tough call for the RBI in the given...
  • Women and minority communities bear the burnt of layoff at workplace more, study says 29-03-2014 12:21 PM

    New York: Current corporate layoff practices focusing on positions and tenure, rather than worker performance are inimical to maintaining workplace equality, a new research has found. Women and people from minority communities bear the burnt of such downsizing polices -- reducing diversity at workplace, the study said. "Downsizing is increasingly...
  • Medicine shops closed in protests against new drug policy 28-03-2014 10:56 AM

    Medical stores and pharmacies in Lucknow were closed on Friday to protest the central government's new drug policy. All wholesaler shops have also joined the one-day token protest, an office bearer of the striking drug association told IANS. Only drug stores inside the King George's Medical University will be open...
  • Modi government counters Kejriwal's claims on Gujarat farmers 26-03-2014 10:19 AM

    Ahmedabad: The battle between Aam Aadmi Party chief Arvind Kejriwal and Bharatiya Janata Party Prime Ministerial candidate and Gujarat Chief Minister Narendra Modi is intensifying by the day. The Modi government in Gujarat has rebutted Kejriwal's allegations against the state's land acquisition policy. The Gujarat government has said that its...
  • Taliban not serious about talks: Sartaj Aziz 27-02-2014 05:18 PM

    Pakistan's targeted military action against militants in Waziristan will be beneficial in the long run as the Taliban are not serious about peace talks, Advisor to Prime Minister on Foreign Affairs and National Security Sartaj Aziz said on Thursday. His remarks came amid speculation that the government is on the...
  • Ruling, Opposition members urge government to announce 'Local Policy' 27-02-2014 07:55 AM

    Ruling JMM MLAs and opposition members on Wednesday demanded that the Jharkhand government announce its 'Local Policy' as per the commitment it made in the winter session of the Assembly. Raised by opposition BJP leader CP Singh during the question hour, BJP MLA Raghuvar Das, Jharkhand Vikas Morcha (Prajatantrik) MLA...
  • India to block US trade probes, ready for fight at WTO 25-02-2014 06:00 PM

    India has decided to block investigations by the United States into its trade policies and patent laws, and prepare for a battle at the World Trade Organization (WTO), a move that could escalate already-strained tension between the two countries. New Delhi is furious about a threat of trade sanctions made...
  • CPI-ML shutdown hits transport in Bihar 23-02-2014 04:42 PM

    Road and train traffic in Bihar was partly hit on Sunday during a shutdown called by the CPI-ML to protest against the power tariff and licensing policy for alcohol shops. Activists of the Communist Party of India-Marxist Leninist squatted on rail tracks, halting several trains, officials said. Thousands of CPI-ML...
  • RBI will need to keep raising policy interest rate: IMF 22-02-2014 09:41 AM

    Mumbai: The Reserve Bank of India will need to continue raising its policy interest rate given the sticky nature of inflation, the International Monetary Fund said on Thursday. "The ingrained nature of inflation and inflation expectations mean that reducing inflation - even over a protracted horizon - will require significant...
  • Beijing eases one child norm as China adopts new policy 21-02-2014 05:35 PM

    Chinese capital Beijing relaxed its one-child per couple birth control policy on Friday, allowing them to have a second offspring if either parent is an only child. An amendment to Beijing's population and family planning regulations was approved at a meeting of the standing committee of the Beijing municipal people's...
  • PMO forms ministerial group on consolidated FDI policy, first meet tomorrow 19-02-2014 03:39 PM

    The Prime Minister's Office has set up an Inter Ministerial Group (IMG) headed by the Industry Secretary to simplify the language of the policy on foreign direct investment. The group, headed by Department of Industrial Policy and Promotion (DIPP) Secretary Saurabh Chandra, will hold its first meeting on Thursday, an...
  • Sebi clears new corporate governance norms, mutual fund policy 13-02-2014 06:15 PM

    To exhort listed companies and their top executives to follow 'good business practices', regulator Sebi on Thursday cleared new corporate governance norms that require them to justify CEO salaries, put in place whistle-blower policies and have orderly succession plans. The new norms were cleared by the Sebi board on Thursday...
  • No abrupt changes to US monetary police, Fed to keep trimming stimulus: Janet Yellen 12-02-2014 01:20 PM

    Janet Yellen, fresh from taking the helm of the Federal Reserve, made it clear on Tuesday she would not make any abrupt changes to US monetary policy, saying the central bank was on track to keep reducing its stimulus even though the labor market recovery was far from complete. In...
  • UPA's foreign policy a failure, says Mulayam Singh Yadav 10-02-2014 09:01 AM

    Samajwadi Party president Mulayam Singh Yadav on Sunday said that policies of Congress-led Central government have failed both at the national and international levels and alleged that the party does not follow any policy and its sole aim is gaining power. "Countries which had gained freedom with India are far...
  • Obama lays out go-it-alone approach in State of Union speech 29-01-2014 08:54 AM

    Washington: President Barack Obama on Wednesday gave his sixth State of the Union address saying that China is no longer world's number one place to invest, US is. He said that the US economy is poised for breakthrough. Obama urged Congress to work together on an overhaul, but he tempered...
  • RBI hikes repo rate by 25 bps, keeps CRR unchanged at 4 pc 28-01-2014 11:11 AM

    New Delhi: The Reserve Bank of India on Tuesday hiked repo rate by 25 basis points. Following the hike the lending rate is now 8 per cent. However, it has kept the cash reserve ratio (CRR) unchanged at 4 per cent. The announcement were made at the third quarter monetary...
  • RBI to announce 3rd quarter monetary policy review today 28-01-2014 09:20 AM

    New Delhi: The Reserve Bank of India is likely to announce the third quarter monetary policy on Tuesday. The experts have said that the RBI may retain the status quo despite the clamour to slash interest rates. Banks across the country have been insisting on rate cuts to help boost...
  • Indian economy may grow by 4.8 pc this fiscal: FICCI survey 27-01-2014 08:55 PM

    New Delhi: An industry survey has showed that economic growth for the current fiscal may slip to 4.8 per cent from 5 per cent estimated earlier. "Industrial sector has remained weak for the current fiscal owing to persistent weak demand and lackadaisical investments," the FICCI survey said. It also said...
  • RBI moves towards monetary policy overhaul 22-01-2014 10:08 AM

    The Reserve Bank of India should make managing inflation its main policy objective and set monetary policy by committee, a central bank panel has recommended, a shift that would bring its practices in line with many other central banks. The recommendations are widely expected to be accepted. They were issued...
  • Pakistan's Internal Security Policy to be presented before Cabinet 19-01-2014 07:12 AM

    Islamabad: Pakistan's Internal Security Policy, drafted by the PML-N government to effectively combat militancy and eradicating extremism, is ready and will be presented before the special cabinet committee meeting on Monday, Interior Minister Chaudhry Nisar Ali Khan said. He said the timeframe for the policy will be one year and...
  • Pakistan has resumed dialogue with militants: Minister 16-01-2014 10:06 PM

    Islamabad: Pakistan has resumed dialogue with militants to find a "durable solution" to the problem of terrorism after the process was disrupted by a US drone strike, Interior Minister Chaudhry Nisar Ali Khan said on Thursday. The government is also in the final stages of framing a National Security Policy...
  • Pakistan for relaxing visa regime to boost business ties 16-01-2014 09:01 PM

    Pakistan on Thursday made a strong case for relaxing visa regime, improving mobile connectivity and facilitating banking relationship to boost trade and business between the two neighbours. "The non-tariff barrier has nothing to do with trade at all... It is the visa regime (which is hampering movement of businessmen and...
  • AAP downplays Captain Gopinath's remarks against decision on FDI 16-01-2014 04:35 PM

    New Delhi: Aam Aadmi Party (AAP) today downplayed Air Deccan founder Captain Gopinath's comments against its government's decision to reject FDI in retail in Delhi, saying members can have different opinions. Senior party leader and member of the national executive committee Yogendra Yadav said that the party had over 1.5...
  • Rajan's report card in 2014 16-01-2014 02:18 PM

    There are four elements of the report card that we would write in December 2014. How much has year-on-year CPI inflation declined? Did the exchange rate hijack monetary policy? Has the bond-currency-derivatives nexus started thriving, with liquidity and market efficiency? Has substantial implementation of the Indian Financial Code taken place?...