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Subhomoy Bhattacharjee is an author and Contributing Editor at the Business Standard. He works on public policy, primarily finance, maritime and energy issues. He comments on current economic issues at On Point with Subhomoy Bhattacharjee. He is also a Professor of Practice and Director, Centre for Regulatory Governance at Jindal Global Law School at OP Jindal Global University. He has read Economics at Delhi School of Economics and Shri Ram College of Commerce. He has worked in Govt of India as part of Indian Information Service & has since moved to The Economic Times, Indian Express & Financial Express newspapers.
Subhomoy Bhattacharjee is an author and Contributing Editor at the Business Standard. He works on public policy, primarily finance, maritime and energy issues. He comments on current economic issues at On Point with Subhomoy Bhattacharjee. He is also a Professor of Practice and Director, Centre for Regulatory Governance at Jindal Global Law School at OP Jindal Global University. He has read Economics at Delhi School of Economics and Shri Ram College of Commerce. He has worked in Govt of India as part of Indian Information Service & has since moved to The Economic Times, Indian Express & Financial Express newspapers.
Gujarat has the highest percentage of private oil pumps at 24%, followed by Rajasthan at 14.5%; the former will elect a new legislative assembly by this December, the latter, a year later
More than oil, as the demand for coal shoots up even further in the economy, it has become the new pressure point in the import basket of India
The war has cleaved the group, stalling much of the preparatory work on more substantive issues
Quite low in the pecking order of inbound consignments at one point, the fossil fuel today accounts for a third of the value of crude entering the country
Inflation, as measured by the consumer price index (CPI), has remained above 6 per cent, the upper limit of the tolerance band, since January this year
The country's largest domestic supplier has been appointed a quasi-canalising agency for sourcing overseas supplies
The Railways' experience with its half-century-old apprenticeship programme offers a view of the problems that could occur with the armed forces' new recruitment scheme
The overwhelming number of officers in the CSS cadres are an indication of the clout it wields on key policy decisions across ministries
While it will be called the fertiliser pool with a corpus of Rs 500 crore, it can be used to cover the risks of oil and gas imports too
The regulator hints at relaxing the FDI cap still further but it is unclear yet whether doing so would spread insurance to the bottom of the pyramid
The pan-India fascination about central govt jobs is the context of PM Modi's new plan to recruit one million staffers within less than two years
There is no agency equipped to handle such a large hiring target and governments don't have a clear picture on the number of people they employ
The lack of market reform in electricity pricing has limited states' ability to expand capital expenditure on the critical transition to clean energy
The Centre's comments are significant as the G7 countries have criticised India's ban on wheat exports
The exception is energy, which isn't dictated by liquidity conditions, but by decisions of the Opec-plus cartel, where plenty of other factors come into play
What's changed now is that the UIDAI will offer users the option of updating their address
The central government plans to tweak letters-of-credit rule
Demand destruction led by Covid-19 and the EV push, cutback in retail prices could end up making the business of running fuel stations unviable
The Railways' decision to stick with steel wagons may have contributed to the shortage of rakes to haul coal to generating plants
Unlike in the past, the Centre isn't restricting movement within the economy, but has only imposed export curbs. Consequently, there is no rush to use the Essential Commodities Act