Corona lockdown extension live updates: Centre extends coronavirus lockdown till May 17; Home Ministry issues guidelines for restrictions and relaxations in different zones across India

IAS officer Kshatrapati Shivaji is also said to be in the running for the RBI's deputy governor post

Union Budget 2019: India's total imports have zoomed up 75 per cent in the past decade, hitting a 15-year peak of $637 billion in the last fiscal. But while the services component has more than doubled in this period, goods imports have gone up by around 70 cent

The revival plan may include measures like salary cuts, and accountability of staff, in which employees have to either perform or perish.  In addition to  this, staff-cost is also in the list

The first wave of import curbs will include items like luxury cars, high-end mobiles, steel, aluminum, electronic items and furniture. Other items added to the list are dry fruits and imported fruits like almonds, and alcoholic beverages.

The Empowered Committee of Secretaries will hold a meeting this week that could have a bearing on the salary hike of central government employees under the 7th pay commission.

Later, the committee of secretaries will consolidate the recommendations before sending to Union Cabinet for approval.

Cabinet Secretary PK Sinha will preside over the E-CoS meet,as per reports. Officials from Home Affairs, Finance, Health and FamilyWelfare, Railways, Personnel and Training and Post will also take part in themeeting.

The government will buy pulses from farmers if domestic prices fall below the minimum support prices (MSP) using the Price Stabilisation Fund, the Minister said.

Aides to Prime Minister Narendra Modi have sought to show that the search and selection process has been deliberate and controlled, that the nation's leader and the Finance Minister Arun Jaitley were closely involved.

Several factors are driving this flourishing trade in bad assets. But the biggest trigger came in November 2013 when RBI Governor Raghuram Rajan, in a strongly worded exhortation, asked the banking system to clean up its act.

Pawan Munjal, who took over as Chairman, MD and CEO of Hero MotoCorp, has big shoes to fill. He is taking over from Brijmohan Lall Munjal who turned the company into the world's largest two-wheeler maker.

Arvind Kejriwal paves the way for the professional politician, if such a thing can exist.

Power secretary PK Sinha reckons that coal mine auctions will galvanise activity in the sector.

According to sources, gas producers said as many as 10 trillion cubic feet of gas could not be developed at current below market rate of US $4.2 per million British thermal unit.