Search results for 'Economic Affairs'

We Are In An Era Of Puppets And Puppeteers

We Are In An Era Of Puppets And Puppeteers

Rediff.com31 Dec 2024

'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.

Jaishankar cautions against 'mind game' by China

Jaishankar cautions against 'mind game' by China

Rediff.com23 Feb 2024

Jaishankar said India should be confident enough to "leverage" the international system to create the "best possible outcome".

Finance Secretary TV Somanathan is new Cabinet Secy

Finance Secretary TV Somanathan is new Cabinet Secy

Rediff.com10 Aug 2024

He will succeed incumbent Rajiv Gauba, who completes his unprecedented five-year term in the top bureaucratic post this month-end.

'Won't Date A Girl From A Slum'

'Won't Date A Girl From A Slum'

Rediff.com26 Aug 2024

Religion and economic barriers continue to define love in modern India, discovers Preshth Bhardwaj.

70 lakh mobile numbers involved in financial frauds disconnected

70 lakh mobile numbers involved in financial frauds disconnected

Rediff.com28 Nov 2023

To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.

If we were more Bharat...: Jaishankar on India-China ties

If we were more Bharat...: Jaishankar on India-China ties

Rediff.com4 Jan 2024

The external affairs minister also recalled how Pandit Nehru was hesitant in taking assistance from the United States following the 1962 war with China as he was unsure how it would be seen.

AMCs' contribution to backstop fund for debt MFs tops target

AMCs' contribution to backstop fund for debt MFs tops target

Rediff.com29 Nov 2023

The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.

How To Prepare For XAT 2025

How To Prepare For XAT 2025

Rediff.com22 Oct 2024

Preparing for the XAT requires a balanced approach, focusing on conceptual understanding, regular practice, and strategic planning, says Rahul K Shukla, convenor, XAT and admissions, XLRI-Xavier School of Management.

ED's scope of probe under PMLA increased 2.5 times in six years

ED's scope of probe under PMLA increased 2.5 times in six years

Rediff.com29 Apr 2022

Recently, Enforcement Directorate (ED) attached assets worth Rs 757.8 crore of Amway India Enterprises in connection with an alleged marketing scam. It claimed that Amway was running a multi-level marketing scam. The ED provisionally attached immovable and movable properties worth Rs 411.83 crore and bank balances of Rs 345.94 crore from 36 different accounts belonging to Amway. Data from the Department of Economic Affairs shows that in 2021-22 (until December 2021), ED had provisionally attached Rs 8,989.3 crore worth of assets.

A tool used...: China blows hot and cold over Quad summit

A tool used...: China blows hot and cold over Quad summit

Rediff.com23 Sep 2024

Ever since the Quad started taking shape in 2007, China has been saying that the four-member grouping will be bound to fail. But much to the chagrin of Beijing, it picked up pace in the recent years emerging as a premier strategic group especially challenging China's assertiveness in the disputed South China Sea.

Sitharaman to ensure 'Ease of Living' during Modi 3.0

Sitharaman to ensure 'Ease of Living' during Modi 3.0

Rediff.com12 Jun 2024

Nirmala Sitharaman on Wednesday assumed charge as the Finance and Corporate Affairs Minister for the second consecutive term and is slated to soon present the final Budget for FY '25 that is going to set the tone for the Modi 3.0 government's priorities and direction for Viksit Bharat. Upon her reaching the North Block office, Sitharaman was greeted by Finance Secretary T V Somanathan and other top officials. Minister of State for Finance Pankaj Chaudhary was also present. Chaudhary assumed charge on Tuesday evening.

Here's what Modi will tell Zelenskyy 'as a friend'

Here's what Modi will tell Zelenskyy 'as a friend'

Rediff.com21 Aug 2024

Two days ahead of his crucial visit to Ukrainian capital Kyiv, Prime Minister Narendra Modi on Wednesday said he was looking forward to sharing perspectives with President Volodymyr Zelenskyy on a peaceful resolution of the Ukraine conflict.

Bimal Jalan to head expert panel on RBI reserves

Bimal Jalan to head expert panel on RBI reserves

Rediff.com26 Dec 2018

The panel will include Economic Affairs Secretary Subhash Chandra Garg and RBI Deputy Governor N S Vishwanathan.

India's population to peak in 2060s at 1.7bn before declining: UN

India's population to peak in 2060s at 1.7bn before declining: UN

Rediff.com12 Jul 2024

India's population is projected to peak in the early 2060s at about 1.7 billion and then decline by 12 per cent, but the country will remain the world's most populous throughout the century, the United Nations has said.

'Shocking That PM Gave Investing Advice'

'Shocking That PM Gave Investing Advice'

Rediff.com7 Jun 2024

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'

Israel sends new Ambassador to India

Israel sends new Ambassador to India

Rediff.com18 Dec 2023

The Israeli government on Sunday approved the appointment of Reuven Azar as the new Ambassador to India.

Who Will Win Sri Lanka's Presidential Poll?

Who Will Win Sri Lanka's Presidential Poll?

Rediff.com20 Sep 2024

'The Indian government is better prepared this time and has reached out to all contenders and not putting all eggs in one basket.'

India The Diplomatic Ambassador In Global Crises

India The Diplomatic Ambassador In Global Crises

Rediff.com16 Sep 2024

Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.

Modi Knows How To Deal With Dissanayake

Modi Knows How To Deal With Dissanayake

Rediff.com23 Sep 2024

For India to view the new Sri Lankan leadership only through the prism of the past or through their narrow view on China, is fraught with possibilities that should be avoided, asserts N Sathiya Moorthy.

Ex-finance secy booked for corruption in currency security thread supply

Ex-finance secy booked for corruption in currency security thread supply

Rediff.com12 Jan 2023

The CBI, in its FIR, alleged that Mayaram, the UK-based company De La Rue International Ltd and unidentified officials of the finance ministry and RBI hatched a criminal conspiracy to extend undue favour to the firm.

US-India: A Chicken And Egg Situation

US-India: A Chicken And Egg Situation

Rediff.com20 Sep 2024

Delhi's appeasement strategy may now translate as more mega arms deals with the US, generating substantial business and job creation in the American economy. Make no mistake, Americans will use it to pressure India, predicts Ambassador M K Bhadrakumar.

Canada didn't act on Bishnoi gang despite info: India

Canada didn't act on Bishnoi gang despite info: India

Rediff.com17 Oct 2024

During the briefing, Jaiswal reiterated that so far no evidence has been shared by Canada.

The new face of economic team at North Block

The new face of economic team at North Block

Rediff.com6 Jan 2015

Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats

We don't...: Jaishankar on US Prez election outcome

We don't...: Jaishankar on US Prez election outcome

Rediff.com13 Aug 2024

The EAM when asked about his view of the world at present, said it would be "very grim forecast, for the next five years".

Will Macron retain power? France votes in first round of snap polls

Will Macron retain power? France votes in first round of snap polls

Rediff.com30 Jun 2024

The outcome may determine whether Macron's centrist coalition retains power or if France faces a period of political cohabitation with the far-right National Rally, led by Marine Le Pen.

'India's influence in Bangladesh will remain strong'

'India's influence in Bangladesh will remain strong'

Rediff.com8 Aug 2024

BJP leader and India Foundation founder Shaurya Doval said there may be certain perceptions that need to be set right initially as India "went long on relations with Sheikh Hasina".

Growth Question Looms Large Over Chandigarh

Growth Question Looms Large Over Chandigarh

Rediff.com28 May 2024

As Chandigarh braces for a fierce contest between Congress candidate Manish Tewari and the BJP's Sanjay Tandon, its industry leaders harbour a fervent wish: Replicate the success of the National Capital Region model in this Union Territory.

Pawan Kalyan to be Andhra dy CM; Naidu's son gets IT

Pawan Kalyan to be Andhra dy CM; Naidu's son gets IT

Rediff.com15 Jun 2024

The actor-turned-politician has been allotted Panchayat Raj and Rural Development, Environment, Forests, and Science and Technology portfolios.

It's All About Job Creation, Nirmalaji

It's All About Job Creation, Nirmalaji

Rediff.com1 Aug 2024

'Is the Agniveer scheme or their post-retirement re-employment in paramilitary forces or in the state governments the BJP's answer to the crying need on the job front?' 'Or, even Finance Minister Sitharaman's one-year internship scheme in the public and private sector, is it a permanent solution, either?', asks N Sathiya Moorthy.

Should You Invest In SME IPOs?

Should You Invest In SME IPOs?

Rediff.com4 Oct 2024

'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'

Modi meets Meloni in Italy, here's what they discussed

Modi meets Meloni in Italy, here's what they discussed

Rediff.com15 Jun 2024

Prime Minister Narendra Modi on Friday held bilateral talks with Italian counterpart Giorgia Meloni in Bari during which they discussed defence and security cooperation and hoped for further enhancing the defence industrial collaboration.

Union Budget, 6 bills to be tabled during monsoon session

Union Budget, 6 bills to be tabled during monsoon session

Rediff.com20 Jul 2024

Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday as the Monsoon Session of Parliament gets underway next week with the united opposition set to corner the National Democratic Alliance government on issues ranging from the NEET paper leak case and railway safety.

The Political Mystique Of Sitaram Yechury

The Political Mystique Of Sitaram Yechury

Rediff.com13 Sep 2024

Sitaram Yechury strived to have the country's Left movement shed its doctrinaire approach to India's socio-cultural complexities and stitch electoral and social alliances to fight the Sangh Parivar.

India's Neighbourhood First Policy Crumbling

India's Neighbourhood First Policy Crumbling

Rediff.com26 Aug 2024

The fundamental construct of India's neighbourhood policy still needs to be what Vajpayee postulated, Manmohan Singh embraced, and Modi energised. It's just that we need to junk domestic politics and excessive religiosity, while acquiring much humility and a renewed respectfulness towards our neighbours, recommends Shekhar Gupta.

Protect our CPEC workers from terror attacks, China tells Pak

Protect our CPEC workers from terror attacks, China tells Pak

Rediff.com16 May 2024

Pakistan's deputy Prime Minister and Foreign Minister Ishaq Dar, who is in China on a four-day visit, and Chinese Foreign Minister Wang Yi co-chaired the fifth round of the foreign minister-level China-Pakistan Strategic Dialogue.

Govt posts Manipur cadre officer as aviation secretary, rejigs bureaucracy

Govt posts Manipur cadre officer as aviation secretary, rejigs bureaucracy

Rediff.com1 Sep 2023

The Centre has appointed senior IAS officers Vumlunmang Vualnam and Neeraj Mittal as new secretaries in the ministry of civil aviation and the department of telecommunications respectively in a major secretary-level bureaucratic reshuffle, a government order stated.

China Threat Leads India Japan To Boost Defence Ties

China Threat Leads India Japan To Boost Defence Ties

Rediff.com22 Aug 2024

The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.

Can't name all states, says FM as Opposition walks out

Can't name all states, says FM as Opposition walks out

Rediff.com24 Jul 2024

The Indian National Developmental Inclusive Alliance (INDIA) parties, led by the Congress, staged a walkout from both Houses of Parliament on Wednesday, in protest against all states except two being 'ignored' in the budget, an allegation termed 'outrageous' by Finance Minister Nirmala Sitharamanm, who said all the states never found a mention in any of the previous budgets, including those presented by the Congress.

JD-U sticks to demand for special status for Bihar

JD-U sticks to demand for special status for Bihar

Rediff.com6 Jun 2024

Granting SCS to the state has been a long-pending demand of the JD-U supremo and Bihar chief minister Nitish Kumar, whose Bihar cabinet had even passed a resolution last year requesting the Centre to grant SCS to the state.

Budget 2024: What India Inc wants from Nirmalaji

Budget 2024: What India Inc wants from Nirmalaji

Rediff.com20 Jun 2024

India Inc on Thursday pitched for lowering income tax burden on common man, increase in capital expenditure, and firm steps to contain food inflation in their nearly two-hour long interaction with finance minister Nirmala Shitharaman ahead of the Union Budget. During pre-Budget consultation with Sitharaman, the industry leaders and associations also urged the government to focus more on infrastructure development with a view to maintaining the economic growth momentum. The industry leaders also laid stress on boosting the MSME (micro, small, and medium enterprises) sector, considered a backbone of the Indian economy and main employment generator.