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Finance Ministry And Reserve Bank Of India

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We Haven't Seen This In 39 Years!

Dr T V Somanathan is the first finance secretary to be appointed Cabinet secretary since 1985.His appointment at this juncture seems to carry much meaning for the forthcoming trajectory of reforms......

'Brand Stalin' Shows Annamalai His Place

If Tamil Nadu voters preferred the DMK combine, it owed to the Modi-Annamalai combo's ideological battle which often crossed the line of political decency and also challenged 'Tamil pride', argues......

What's Modi Up To?

No government in the past initiated the process of policy making for its next tenure even before going in for elections. Once the Model Code of Conduct is enforced by the Election Commission,......

Defence Budget Can't Beat Inflation!

India spends significantly less on defence than could be expected from a country that faces simultaneous armed threats from two hostile neighbours -- China and Pakistan. IMAGE: An Indian Army......

Coming! New Affordable Housing Scheme

The new scheme may be announced before the Lok Sabha elections. Illustration: Dominic Xavier/Rediff.com   The government is planning a new affordable housing scheme for households in urban......

Bumper kharif production to lower food inflation in coming months: FinMin

Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country’s inflation outlook benign, the Union Ministry of Finance (FinMin) said in......

How much gold do Indian households own?

The Reserve Bank of India (RBI) added another 102 metric tonnes to the domestically held gold in the April-September period, as per a disclosure made on Tuesday. Photograph: Kindly note the image......

Urban demand stress under watch, festivals may boost consumption: FinMin

Days before Diwali, the monthly economic review by the finance ministry has highlighted moderation in urban demand, softening consumer sentiments and limited footfall as areas that need to be......

Govt appoints three new external RBI MPC members

The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. Photograph:......

New Gold Bonds Depend On Market Conditions

The government does not seem keen on issuing fresh gold bonds given the overall cost and rising gold prices. IMAGE: Kindly note the image has been posted only for representational purposes.......

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