By C Rangarajan The Budget focuses on maintaining a high level of public expenditure to push up demand and kick-start the economy. At the same time, it has stood by its commitment to contain the fiscal deficit at 3.5% of GDP. This is indeed the ... Economic Times, 2 months ago
For the former deputy governor of the central bank, the RBI was not just another economic institution; it was the final frontier that kept fiscal policy in some sort of check, says T C A Srinivasa-Raghavan. Few people born after 1980 would know of S S Tarapore. He retired from the Reserve Bank of India (RBI) as deputy governor at the end of September 1996. When his last day at RBI ended, he refused the official car. He took the lift down, walked out of the gate, hailed a passing cab, and ...Rediff.com, 2 months ago
New Delhi : The government is on the lookout for the next boss of Reserve Bank of India after incumbent D Subbarao expressed his desire to "move on". Dr Subbarao, due to retire in September, was initially appointed for three years in 2008. ...NDTV Profit, 1 week ago
News reports last week indicated that the Niti Aayog prefers the Tendulkar poverty line to map the extent of poverty in the country. This is a recommendation in a draft report of the Aayog's task force on elimination of poverty in India and the ...DNA India, 1 month ago
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