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Private facelift for govt data08-NOV-09
US financial services major Citigroup and the Indian Planning Commission’s way of functioning may be as different as chalk and cheese, but the two may converge in the way economic data are presented.
India to grow at least 7% this fiscal: Suresh Tendulkar07-OCT-09
The Indian economy would grow at least 7 per cent in the current financial year, according to Suresh Tendulkar, former chairman of the Prime Minister's Economic Advisory Council (PMEAC).
Food security law can't cater to APL families25-AUG-09
The central pool of food grains is insufficient to provide for families above the poverty line (APL) who are covered by the Targetted Public Distribution System (TPDS), if they are to be all included in the proposed National Food Security Act, show data from the Planning Commission.
Govt should raise more resources to tackle drought: Rangarajan13-AUG-09
Warning that the farm sector distress could have serious consequences on the economy, Prime Minister’s Economic Advisory Council (PMEAC) Chairman C Rangarajan today asked the government to raise additional resources to provide relief to drought-hit people and increase import of essential commodities to check price rise.
India joins Russia, China in questioning dollar dominance05-JUL-09
Suresh Tendulkar, an economic adviser to Indian Prime Minister Manmohan Singh, said he is urging the government to diversify its $264.6 billion foreign-exchange reserves and hold fewer dollars.
Economy to grow 7% if rains normal: EAC chief30-JUN-09
The Indian economy is expected to grow at around 7 per cent in the current financial year (2009-10) if the monsoons do not suffer further delay, said Suresh Tendulkar, chairman of Prime Minister’s Economic Advisory Council.
PMEAC recommends creation of unemployment fund13-JUN-09
Prime Minster's Economic Advisory Council (PMEAC) has recommended creation of an unemployment fund, which will be financed by the industry, to take care of employees losing jobs during the downturn.
PM meets key economists13-MAY-09
Prime Minister Manmohan Singh today held discussions with key economists on a day the country’s industrial output contracted to a 16-year low amidst global economic downturn.
PM's eco panel pegs GDP growth at 6.5% in FY1001-MAY-09
"I expect the economy to grow by 6.5 per cent to 7 plus per cent in the current fiscal year," the Prime Minister's Economic Advisory Council (PMEAC) Chairman, Suresh Tendulkar, told PTI.
PM advisory panel raises doubts over S&P's move13-APR-09
After the Ministry of Finance, the Prime Minister’s Economic Advisory Council has raised questions over the global credit rating agency Standard and Poor’s move to downgrade the outlook on India’s long-term credit rating on the ground of rising fiscal deficit.
PM panel lowers GDP forecast to 6.5-7 per cent06-APR-09
“It (growth rate for 2008-09) may go somewhere around 6.5-7 (per cent), that is the current estimate... 7.1 per cent was earlier estimate, obviously it has to be lower.
One-year CD rates up05-MAR-09
Short-term money market instruments’ rates rose 10-15 basis points today as demand from mutual funds fell on caution ahead of advance tax payments, dealers said.
Room for RBI to cut rates: PM panel22-FEB-09
With the inflation falling below four per cent, the Prime Minister's advisory panel today said there is room for the Reserve Bank to signal further interest rate cuts to spur industrial growth, which turned negative for the second time in December this fiscal.
PM Advisor sees 7.1% GDP, lower interest rates20-FEB-09
Amid fears of slowdown in the Indian economy, a top economist today said the country's GDP is likely to grow by 7.1 per cent in the next fiscal, the same pace that has been forecast for the year 2008-09, and India is likely to see a lower interest rate regime.
PM panel for key rate cut as industrial production falls13-FEB-09
"I have favoured revising interest rates downwards," Prime Minister's Economic Advisory Council (PMEAC) Chairman Suresh Tendulkar said, however, added that the Reserve Bank would take a final call on lowering the rates.
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