Policy

  • Government, RBI to devise modern monetary policy framework 10-07-2014 09:34 PM

    New Delhi/Chennai: With prices staying at stubbornly high level, the government and the RBI on Thursday agreed to devise a modern monetary policy framework with clear inflation targeting. The tone for inflation targeting was set by Finance Minister Arun Jaitley in his budget speech when he stressed on a modern...
  • Germany to tighten asylum policy 04-07-2014 08:31 AM

    Berlin: German parliament on Thursday voted to tighten Germany's asylum law to contain the flow of asylum seekers from Balkan countries, media reports said. The new law declares Serbia, Macedonia and Bosnia-Herzegovina "safer countries of origin", where no political persecution is to be feared, Xinhua quoted German television ARD as...
  • Afghanistan hails India for easing visa policy 02-07-2014 05:07 PM

    New Delhi: Afghanistan has welcomed easing of visa regime by India for Afghan travellers and thanked the Narendra Modi government for acting upon its repeated requests to further facilitate people-to-people contacts between the two countries under the key provisions of the Strategic Partnership Agreement signed in 2011. "We are delighted...
  • 'Iran may return to former nuclear policies if talks fail' 23-06-2014 09:44 AM

    Tehran: Iran may return to its nuclear policies before the interim deal last November if nuclear talks between Iran and the world powers fail to end in "proper results," Iranian Foreign Minister Mohammad-Javad Zarif said here ON Sunday. "It is very likely that the talks will bear results, if the...
  • Pursuing 'inclusive agenda' critical to Iraq's success: US 21-06-2014 08:58 AM

    Washington: The US has said pursuing an "inclusive political agenda" is critical to Iraq's success, as it prepared to send the first batch of an advisory mission to Baghdad to help the Iraqi security forces against advancing Islamist militants. "Pursuing an inclusive political agenda is critical to the success of...
  • Government working on national marketing policy: Ram Vilas Paswan 21-06-2014 08:38 AM

    Union Consumer Affairs, Food and Public Distribution Minister Ram Vilas Paswan on Friday hinted at introducing a national marketing policy to contain price rise. Talking to reporters in Jaipur during his two-day visit to the state, Paswan said, "To contain price rise there is need for a national marketing police...
  • Kerala HC criticises government on Abkari policy 18-06-2014 08:03 AM

    Kochi: Kerela High court on Wednesday came down on the state government for deviating from the Abkari policy (Excise policy) in the matter of granting new licenses. Criticising the government, a division bench comprising Justice Harun-Al Rashid and Justice Anil K Narendran orally observed that if the policy of government...
  • Modi follows neo-liberal policies, don't expect economic changes: CPI 15-06-2014 09:40 AM

    New Delhi: Senior CPI leader D Raja on Sunday said that he does not foresee any big change in the economy as the Narendra Modi government also follows the neo-liberal policies that the previous government followed. The remarks came in the backdrop of Prime Minister Narendra Modi saying that the...
  • China's Taiwan policy chief to make first visit to island 12-06-2014 08:05 PM

    Beijing: The head of China's Taiwan affairs office is to make his first-ever visit to the island, Taiwanese officials announced on Thursday, in a further sign of warming ties between the mainland and its former bitter rival. Zhang Zhijun, director of China's State Council Taiwan Affairs Office, will visit Taiwan...
  • Consumer Unity and Trust Society suggets reforms to contain inflation 05-06-2014 07:14 PM

    The Consumer Unity and Trust Society (CUTS), an NGO, on Thursday suggested Minister of Finance and Corporate Affairs Arun Jaitley there was a need to introduce competition and transparency reforms to contain inflation and achieve high growth. The new government at Centre has obtained clear and sustainable majority in Lok...
  • Narendra Modi meets secretaries to outline his policy priorities 04-06-2014 07:47 PM

    In another first, Prime Minister Narendra Modi on Wednesday met the secretaries of all government departments to outline his agenda of governance and his expectations from them. The meeting, which was originally scheduled on Tuesday and postponed by a day because of the sudden demise of Rural Development Minister Gopinath...
  • RBI keeps key policy rates unchanged; slashes SLR by 0.5 per cent 03-06-2014 11:12 AM

    There have been no changes in key policy rates by the Reserve Bank of India. While announcing the second bi-monthly monetary policy, 2014-15, in Mumbai on Tuesday, RBI Governor Raghuram G Rajan said that the apex bank has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged...
  • Nifty ends above 7400 for 1st time; BSE Metal surges 5 pc 03-06-2014 10:06 AM

    Mumbai: Equity benchmarks ended at record closing highs on Tuesday after the RBI credit policy review indicated huge amount of liquidity coming into the system and positive Chinese manufacturing data. The 50-share NSE Nifty closed above 7400-mark for the first time ever, up 53.35 points to 7415.85 while the 30-share...
  • Finance Minister Arun Jaitley calls for fiscal discipline to bring economy back on track 01-06-2014 03:36 PM

    New Delhi: Union Finance Minister Arun Jaitley on Sunday called for fiscal discipline to bring economy back on track. In his first blog after assuming office as the Finance Minister, Jaitley wrote in his blog titled 'From Celebration to Challenge', "We must move towards an era of fiscal discipline where...
  • Bruce Willis' daughter's topless tweets spark Instagram debate 30-05-2014 01:05 PM

    Reuters: Scout Willis, the daughter of Hollywood actors Bruce Willis and Demi Moore, said on Thursday she wanted to empower women with her topless social media protest against popular photo-sharing site Instagram's no-nudity policy. Willis, 22, sparked a debate on social media about Internet standards after posting photos of herself...
  • Nirmala Sitharaman briefed on challenges facing industry, exporters 28-05-2014 06:12 PM

    Challenges such as curbs on gold imports, imposition of MAT on special economic zones, the drop in manufacturing output and problems related to labour laws and land acquisition figured in presentations made to new Commerce and Industry Minister Nirmala Sitharaman on Wednesday. In separate presentations, the Commerce and Department Of...
  • New mining policy to be in place by next month: Manohar Parrikar 25-05-2014 02:27 PM

    Goa Government has said it will adopt a transparent mechanism to award mining leases in future and was studying the Supreme Court order lifting ban on iron ore extraction before taking a decision on vacating current mine operators whose fate hangs in balance. Chief Minister Manohar Parrikar told PTI the...
  • Omar hopes foreign policy issue dictated by national interest 22-05-2014 12:14 PM

    With the clout of regional parties reduced due to BJP's massive win in the Lok Sabha polls, Jammu and Kashmir Chief Minister Omar Abdullah on Thursday hoped that issues like foreign policy and water sharing agreements between states would now be dictated by national interest. "Hopefully foreign policy, water sharing...
  • MP approves policy for legal sanctity to e-mail correspondence 21-05-2014 08:52 PM

    Madhya Pradesh government on Wednesday approved its 'e-mail policy 2014' to give legal sanctity to such correspondences within departments and with the people. MP has become the first state in the country to approve such a policy, an official statement said in Bhopal. The 'e-mail policy 2014' was approved by...
  • Modi can revive 'rudderless' US-India relationship: US experts 16-05-2014 10:37 AM

    Two US foreign policy experts have suggested that Bharatiya Janata Party (BJP) leader Narendra Modi can "revive India's sputtering economy and give new lan to a disillusioned and rudderless US-India relationship." Noting that since 1991, India-US "bilateral relationship has gone through many stop-and-go cycles," James C. Clad and Brent Scowcroft...
  • April retail inflation rises to 3-month high of 8.59 pc 12-05-2014 06:38 PM

    New Delhi: Costlier vegetables, fruits and milk pushed up retail inflation to three-month high of 8.59 per cent in April, squeezing the space for the Reserve Bank to ease interest rates in the monetary policy review in June. The retail inflation, measured on consumer price index (CPI), was 8.31 per...
  • I decide monetary policy, govt can fire me if it wanted: Raghuram Rajan 09-05-2014 11:14 PM

    New Delhi: Asserting independence of the central bank, Reserve Bank Governor Raghuram Rajan on Friday said that it is he who determines the monetary policy and the government can fire him if it wanted. "I determine the monetary policy. I say what it is. The government can fire me, but...
  • 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,...
  • 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 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...