Montek Singh Ahluwalia

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Why Indian economy could see a turnaround this year

May 17, 2013 at 16:00 | Source: NDTV Profit

New Delhi: Terming the 5 per cent economic growth in the fiscal gone by an "aberration", Planning Commission Deputy Chairman Montek Singh Ahluwalia today told NDTV that the economy is back on the growth trajectory and he sees 2013-1...

It's a Maharashtra annual plan: Rs 80,500 crore

May 17, 2013 at 09:42 | Source: DNA India

The Planning Commission on Thursday allocated Rs49,000 crore to Maharashtra for its annual plan. An additional Rs31,500 crore has been allocated as public sector enterprises (PSE) plan to the state. The state has been performing fairly well. We appr...

Gold duty may go up, banks slow coin sales

May 17, 2013 at 00:32 | Source: Financial Express

With gold imports spiking 138% year-on-year in April, driving up the import bill to $7.5 billion, an anxious government may be looking to raise import duty on the precious metal by two percentage points to 8%. The trade deficit for April widened to ...

Maharashtra Plan size for current fiscal fixed at Rs 48,500 crore

May 16, 2013 at 21:50 | Source: The Hindu BusinessLine

Mumbai, May 16: The Maharashtra Government’s annual plan for fiscal 2013-14 is Rs 48,500 crore. The Planning Commission gave its approval to the plan on Thursday. Over the previous fiscal, Rs 3,500 crore additional funds have been authorised b...

GDP estimates: Why it's now looking worse than astrology

May 16, 2013 at 19:38 | Source: FirstPost

One would have thought the governments stats guys would believe their own numbers. But with Pronab Sen, Chairman of the National Statistics Commission, you cant be sure.Thus, even while the Central Statistics Office (CSO) said in its advance estimate...

Congress dumps RJD to test waters

May 16, 2013 at 09:12 | Source: DNA India

As the Congress on Wednesday dumped its oldest ally Lalu Prasad Yadav for the upcominga bypolls in Bihar on Wednesday, planning commission gave a sympathetic ear to his rival Bihar chief minister Nitish Kumar, triggering speculations of a new politi...

Bihar gets 34% higher Plan allocation at Rs 34,000 cr

May 16, 2013 at 00:41 | Source: The Hindu BusinessLine

New Delhi, May 15: With the UPA ready to lend extra, the annual Plan for Bihar for 2013-14 has been fixed at Rs 34,000 crore, which is 34 per cent higher than the previous fiscal. This was finalised at a meeting between the Deputy Chairman of the Pl...

Did Indira abolish bonded labour or Sonia? NREGA's tall claims

May 15, 2013 at 11:17 | Source: FirstPost

Success, they claim, has many fathers. It seems, success also spawns multiple motherhood claims.In 1975, Indira Gandhi "abolished" bonded labour. Full page advertisements were released and sections of the pliant print media were packed off ...

Gold duty may go up; banks slow coin sales

May 15, 2013 at 10:02 | Source: Financial Express

With gold imports spiking 138% year-on-year in April, driving up the import bill to $7.5 billion, an anxious government may be looking to raise import duty on the precious metal by two percentage points to 8%. The trade deficit for April widened to ...

Economy to see turnaround this fiscal: Montek Singh Ahluwalia

May 14, 2013 at 18:12 | Source: Financial Express

The sagging economy will see a turnaround this fiscal on the back of accelerating industrial production, improvement in global conditions and likelihood of good monsoon, the Planning Commission said today. "All around the world the focus right now i...

Economy to see turnaround this fiscal, says Planning Commission

May 14, 2013 at 17:54 | Source: FirstPost

New Delhi: The sagging economy will see a turnaround this fiscal on the back of accelerating industrial production, improvement in global conditions and likelihood of good monsoon, the Planning Commission said today."All around the world the foc...

Inflation returns to RBI's comfort zone after Nov 2009

May 14, 2013 at 16:26 | Source: Business Today

Providing relief to common man as well as policymakers, inflation in India declined to over three year low of 4.89 per cent in April on softening food prices, giving RBI space to further ease interest rates .Declining for the third straight month, i...

Slowing GDP growth, a barrier to road development

May 12, 2013 at 22:37 | Source: The Hindu BusinessLine

May 12, 2013: Developers of highways, who offered huge premium to bag large projects, are now seeking ways to ease their financial burden. Many of them have approached the National Highways Authority of India to reschedule the payment of premium ...

GoM meet on BSNL, MTNL revival cancelled

May 10, 2013 at 18:46 | Source: The Hindu BusinessLine

New Delhi, May 10: The Group of Ministers, to look in to revival strategy for state-run telecom operators BSNL and MTNL, cancelled its meeting today becuase of some changes in the schedule of Finance Minister P Chidambaram. “Finance Minister w...

COAI calls for auctioning entire spectrum, questions delay

May 10, 2013 at 17:21 | Source: Economic Times

NEW DELHI: Telecom industry body COAI today said the government should auction the entire spectrum available with it at a realistic reserve price as early as possible for quick roll-out of broadband services. "Trai has said that we will need at least...

Assam govt first to refer Saradha group case to CBI: Tarun Gogoi

May 07, 2013 at 22:45 | Source: FirstPost

New Delhi: Assam government was the first to take action against Saradha group chit fund company and recommended CBI probe into the scam, the state chief minister Tarun Gogoi said today."Government of Assam is the first where we initiated action...

Haryana gets Plan size of Rs 27,072 cr

May 07, 2013 at 20:47 | Source: The Hindu BusinessLine

New Delhi, May 7: The annual Plan outlay for Haryana for 2013-14 has been finalised at Rs 27,072 crore, after a meeting between the Plan panel Deputy Chairman Montek Singh Ahluwalia and Haryana Chief Minister Bhupinder Singh Hooda. Ahluwalia said Ha...

GoM recommendations on coal regulator soon: Jaiswal

May 06, 2013 at 16:14 | Source: FirstPost

New Delhi: The government today said the recommendations of Group of Ministers (GoM) on setting up independent regulatory authority for the coal sector are expected shortly."The recommendations of the GoM (on coal regulator) are expected shortly...

Recommendations of GoM on coal regulator expected shortly: Govt

May 06, 2013 at 15:21 | Source: Economic Times

NEW DELHI: The government today said the recommendations of Group of Ministers (GoM) on setting up independent regulatory authority for the coal sector are expected shortly. "The recommendations of the GoM (on coal regulator) are expected shortly," ...

GoM to take up revival of BSNL, MTNL on May 10

May 06, 2013 at 14:11 | Source: Economic Times

NEW DELHI: The Group of Ministers (GoM) on BSNL and MTNL is likely to hold its first meeting on May 10 to discuss ways to revive the two loss-making public sector telecom companies. "The meeting is scheduled for May 10. The GoM will decide on the fu...

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