India's industrial output unexpectedly contracted 3.5 per cent in March from a year earlier, government data showed on Friday. ...
12:04 PM, May 11, 2012
New Delhi: Prime Minister's Economic Advisory Council Chairman C Rangarajan said that the government should consider decontrolling diesel prices to keep petroleum subsides at the budgetary level. "I think some action will be required on diesel deregulation in order to keep petroleum subsides at the budgetary level," said PMEAC chairman Rangarajan. "Some policy decisions will be required, I think finance minister Pranab Mukherjee must be referring to that (diesel deregulation)...,"...
09:01 AM, Mar 28, 2012
New Delhi: The Prime Minister's economic advisory panel on Wednesday projected 7.5 - 8 per cent growth rate for the next fiscal and said the country can achieve a higher economic expansion if the global environment turns favourable. "We might be able to achieve 8 per cent growth on our esteem... if the world environment is favourable, we will be able to achieve high growth rate," the Chairman of the...
12:16 PM, Feb 22, 2012
Washington: Indian American lawyer Preeta Bansal, who was an adviser to Barack Obama's presidential campaign before serving in the administration, has been appointed to a key administration post. Preeta Bansal has been appointed Member of the Advisory Council of the Administrative Conference of the United States, the White House said in a statement, which also announced the appointment of Boris Bershteyn to the same position. "I am proud to appoint...
10:16 AM, Dec 08, 2011
Yet again, in 2011, Sonia Gandhi features in the top 20 of the Forbes Power list. How did a girl, born in a small town in northern Italy, rise to the position of being one of the most influential people in the world - and stay there, year after year? Having established an unassailable position in the Indian National Congress Party, she is now empowering her son Rahul with more...
02:38 PM, Nov 29, 2011
London: A leading organisation espousing the cause of Indian and non-EU professionals has strongly opposed the recommendation of a key committee that the salary threshold for professionals seeking to permanently settle in the UK be raised considerably. Raising the threshold as recommended by the Migration Advisory Committee (MAC) will make thousands of Indian and non-EU professionals working here ineligible for permanent settlement, which is called the Indefinite Leave to Remain...
05:36 PM, Nov 07, 2011
New Delhi: National Advisory Council (NAC) Member NC Saxena has defended the petrol price hike by saying it will not have any major impact on inflation. However, some experts are of the opinion that it was unwarranted. "The impact of hike in petrol prices on inflation will be marginal. Our transport system entirely depends on diesel. Petrol is consumed by 5 per cent of India's population. They are the people...
03:11 PM, Nov 06, 2011
New Delhi: After five countries, including Australia had asked its citizens to avoid travelling to India, the Central Government has stepped in, after the Tourism Ministry asked the Ministry of External Affairs (MoEA) to take up the issue. Raising the travel advisory issue with Australia, Minister of External Affairs SM Krishna has asked his Australian counterpart Kevin Rudd to withdraw the advisory and noted that the language could cause panic...
11:34 AM, Oct 26, 2011
New Delhi: The Government has decided to protest after five countries - The US, UK, Canada, Australia and New Zealand - have issued advisories against travel to India during the festive season for security reasons. The Government has protested saying such advisories are done to defame India. Minister of State for Tourism Subodh Kant Sahay said the matter will be taken up with appropriate authorities. The ostensible reason for the...
09:13 AM, Oct 25, 2011
New Delhi: The National Advisory Council, led by UPA chairperson Sonia Gandhi, is set to meet on Friday to discuss the pre-legislative process for making law on a proposed program for urban poor. The meet is also likely to discuss some issues concerning child labour and the denotification of tribals. This will be the first meeting of the NAC since Sonia's recovery from ill-health. ...
07:27 AM, Oct 21, 2011
Chennai: In an apparent criticism of social activist Anna Hazare and his protest for passage of Jan Lokpal bill, National Advisory Committee member Aruna Roy on Thursday said "people cannot make a law" and it had to be done by a drafting committee. "Law has to be looked at in detail. If you change one comma or one fullstop a right becomes no right. People can demand a law, people...
05:54 PM, Sep 08, 2011
New Delhi: Amid a raging controversy over land acquisition norms, Government has firmed up the draft of a new bill which makes consent of 80 per cent of land owners mandatory before purchase of land. The new draft Acquisition Bill, which is expected to be unveiled in the next few days, includes recommendations of Sonia Gandhi-led National Advisory Council (NAC) and goes even a step further. "In many ways it...
06:13 PM, Jul 24, 2011
New Delhi: Rejecting the recommendations of the Forest Advisory Committee, Environment Ministry on Thursday gave its approval to open up Tara, Parsa East and Kante Basan coal-blocks in the Hasdeo-Arand forest region of Chhattisgarh. In an order, Environment Minister Jairam Ramesh said he "disagrees with the final recommendations" of the FAC, which advised him to reject the proposals made by the Chhattisgarh government to open up the coal-blocks, and "decided...
05:01 PM, Jun 23, 2011
New Delhi: India on Friday asked all its nationals living in Yemen to leave that country through whatever commercial means available in view of the increased violence in which at least 150 people have been killed so far. "Keeping in view the evolving situation and the increase in violent incidents in Yemen, all Indian nationals living in the country are advised to exit the country through whatever commercial means available,"...
03:11 PM, May 27, 2011
Tokyo: The reconstruction of Japanese towns and cities devastated by a deadly earthquake and tsunami last month could take a decade, an advisory panel to the government said on Tuesday. "The first three years would be needed for tasks like rebuilding roads and constructing temporary housing," said Jun Iio of Japan's Reconstruction Design Council, formed after the quake to advise the government's rebuilding efforts. Iio, a political scientist, told reporters...
02:55 PM, Apr 26, 2011
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