News for 'Cabinet and Cabinet Committee on Economic Affairs'

'Don't sell Air India, BPCL at a loss'

'Don't sell Air India, BPCL at a loss'

Rediff.com4 Dec 2019

'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'

Modi govt's puzzling divestment strategy

Modi govt's puzzling divestment strategy

Rediff.com18 Apr 2016

Doubts over implementation of a Cabinet-approved strategic sale policy are puzzling.

Jaya slams Centre for raising FDI cap in different sectors

Jaya slams Centre for raising FDI cap in different sectors

Rediff.com23 Jul 2013

Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.

Sitharaman becomes India's first full-time woman defence minister

Sitharaman becomes India's first full-time woman defence minister

Rediff.com3 Sep 2017

The 58-year-old Rajya Sabha MP will face several challenges, including strengthening of the combat capabilities of the army, navy and the air force due to changing regional security matrix and geo-political dynamics.

EXPLAINED: What's this row over now-retired Bengal Chief Secretary

EXPLAINED: What's this row over now-retired Bengal Chief Secretary

Rediff.com1 Jun 2021

Following is the gist of the controversy over sudden transfer of West Bengal Chief Secretary Alapan Bandyopadhyay, who retired on Monday, to Delhi and related rules.

Jaishankar 'endeavours' to expand vaccine production with US help

Jaishankar 'endeavours' to expand vaccine production with US help

Rediff.com29 May 2021

Calling COVID-19 pandemic and vaccines as one of the most important aspects of his discussions with top officials of the Biden administration, External Affairs Minister S Jaishankar has said the endeavour is to expand production of vaccines in India with assistance from the US.

Rishi Sunak extends lead in UK PM race

Rishi Sunak extends lead in UK PM race

Rediff.com19 Jul 2022

Sunak, 42, has consistently topped the shortlist since voting began last week and on Monday he bagged 115 votes in the third round, which leaves only four candidates in the race.

Finance ministry rules out COO appointment in RBI

Finance ministry rules out COO appointment in RBI

Rediff.com14 Aug 2014

The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.

Protection from arrest to PC, son in Aircel-Maxis case extended

Protection from arrest to PC, son in Aircel-Maxis case extended

Rediff.com23 Aug 2019

Special Judge O P Saini took strong objection to the agencies seeking repeated adjournments.

Policy for strategic sale in place; PSUs to sell idle assets

Policy for strategic sale in place; PSUs to sell idle assets

Rediff.com29 Feb 2016

For next fiscal, the minority stake sale target has been kept at Rs 36,000 crore.

MSP hike may hit India's farm exports

MSP hike may hit India's farm exports

Rediff.com16 Jul 2018

'Obviously, MSP hike raises chances of a reduction in exports. Even without an MSP hike, India's exports of a number of agri-commodities, like sugar, were unviable in the overseas markets.'

Govt cannot set price, supply of gas: ministry

Govt cannot set price, supply of gas: ministry

Rediff.com27 Aug 2007

Petroleum ministry rejects conclusions of two reports ahead of EGoM.

Gas price to be hiked from April 2014

Gas price to be hiked from April 2014

Rediff.com27 Jun 2013

The Cabinet Committee of Economic Affairs has approved a hike in gas prices from April 2014.

Shah gets Home, Rajnath Defence; Finance with Nirmala

Shah gets Home, Rajnath Defence; Finance with Nirmala

Rediff.com1 Jun 2019

Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.

Pranab, Modi, Demonetisation

Pranab, Modi, Demonetisation

Rediff.com8 Nov 2022

'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.

How Babus did during the Pandemic: A report card

How Babus did during the Pandemic: A report card

Rediff.com18 Jan 2021

The Covid pandemic has left a question mark on how the central government manages its staff.

Should you rush to buy oil & gas, real estate stocks?

Should you rush to buy oil & gas, real estate stocks?

Rediff.com15 Mar 2016

Though the developments are positive, analysts say the benefits will accrue only in the long run

Divestment plan faces many red lights

Divestment plan faces many red lights

Rediff.com11 Apr 2016

Govt bosses in no hurry to exit from PSUs; many agencies, long process likely hurdles.

Massive IT project for Hyderabad fuels Telangana doubts

Massive IT project for Hyderabad fuels Telangana doubts

Rediff.com20 Sep 2013

Taking the supporters of Telangana supporters by surprise the Union government has given its nod to the ambitious Information Technology Investment Region proposal for Hyderabad which envisions an investment of Rs 2.19 lakh crore in and around the city over the next 25 years.

Corporate espionage is not new to India Inc: CEOs

Corporate espionage is not new to India Inc: CEOs

Rediff.com21 Feb 2015

Govt depts, banks prone to information leakage.

Divestment gets a boost with three big PSU stake sales

Divestment gets a boost with three big PSU stake sales

Rediff.com11 Sep 2014

Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.

Harsh Vardhan Shringla appointed as new foreign secy

Harsh Vardhan Shringla appointed as new foreign secy

Rediff.com24 Dec 2019

Shringla, a 1984 batch officer of the Indian Foreign Service, is considered an expert on India's neighbourhood and is currently serving as envoy to the US.

Govt officials are grumbling over foreign travel memo

Govt officials are grumbling over foreign travel memo

Rediff.com17 Aug 2016

Many argue there's a mismatch between Prime Minister Narendra Modi's focus on international exposure and his government's diktat to officials on limiting travel.

Bitter pill for India's sugar market

Bitter pill for India's sugar market

Rediff.com2 Aug 2018

UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season

India's bullet train to travel 21 km under sea

India's bullet train to travel 21 km under sea

Rediff.com20 Apr 2016

The bullet train is expected to cover 508 km between Mumbai and Ahmedabad in about two hours.

Chidambaram granted protection from arrest till Aug 7

Chidambaram granted protection from arrest till Aug 7

Rediff.com23 Jul 2018

Chidambaram and his son Karti Chidambaram were named in the chargesheet filed by the CBI in the case on July 19.

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.

Modi govt reshuffles top secretaries; Ajay Bhalla to be new home secy

Modi govt reshuffles top secretaries; Ajay Bhalla to be new home secy

Rediff.com24 Jul 2019

The appointments committee of the Cabinet headed by Prime Minister Narendra Modi cleared Bhalla's appointment as OSD in the ministry with immediate effect.

Rate-cut hopes drive markets higher; bluechips gain

Rate-cut hopes drive markets higher; bluechips gain

Rediff.com15 May 2015

Benchmark indices finished higher on hopes of economic reforms

What makes this loss-making steel co so attractive?

What makes this loss-making steel co so attractive?

Rediff.com14 Apr 2021

India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.

Aircel-Maxis case: Chidambaram appears before ED, grilled for 6 hours

Aircel-Maxis case: Chidambaram appears before ED, grilled for 6 hours

Rediff.com5 Jun 2018

The agency recorded his statement under the Prevention of Money Laundering Act with some specific queries on the circumstances and procedures adopted by the now-defunct Foreign Investment Promotion Board while giving approval to the Aircel-Maxis deal during his tenure.

Chidambaram granted protection from arrest till July 10

Chidambaram granted protection from arrest till July 10

Rediff.com5 Jun 2018

This is the second time the former finance minister has got relief from arrest.

CBI probing Chidambaram's role in Aircel-Maxis deal

CBI probing Chidambaram's role in Aircel-Maxis deal

Rediff.com22 Sep 2014

Chidambaram was competent to give approval of upto Rs 600 crore but he gave the approval which was worth approximately Rs 3,500 crore

A long legal battle awaits Chidambarams

A long legal battle awaits Chidambarams

Rediff.com1 Mar 2018

The father-son duo are in the radar of the probe agencies in another case concerning the Aircel-Maxis deal.

Markets dive for second straight day; Sensex falls 115 points, Midcaps drop 0.6%

Markets dive for second straight day; Sensex falls 115 points, Midcaps drop 0.6%

Rediff.com6 Oct 2016

Broader markets broke the winning streak and ended lower, underperforming the benchmark indices

PMO sets up 10 panels to deal with post lockdown situation

PMO sets up 10 panels to deal with post lockdown situation

Rediff.com29 Mar 2020

The panel is expected to suggest various relief measures to put economy back on track as soon as possible, the sources said.

Why Modi-Shah don't need NDA anymore

Why Modi-Shah don't need NDA anymore

Rediff.com26 Oct 2020

In its sway over national politics now, the Modi-Shah BJP is what the Congress was under Indira Gandhi. Why would they indulge coalition partners, their greed and egos now, asks Shekhar Gupta.

Jet-Etihad deal gets CCI clearance; moves closer to finality

Jet-Etihad deal gets CCI clearance; moves closer to finality

Rediff.com12 Nov 2013

Paving way for closure of long-pending Jet-Etihad deal, fair trade regulator CCI on Tuesday approved the proposed acquisition of 24 per cent stake in the Naresh Goyal-led Indian carrier by Abu Dhabi-based airline.

Moily approves taking away 5 gas discoveries from RIL

Moily approves taking away 5 gas discoveries from RIL

Rediff.com28 Oct 2013

The five discoveries -- D4, D7, D8, D16 and D23 - hold 0.805 trillion cubic feet of reserves, or about one-fourth of the restated reserves in the currently producing Dhirubhai-1 and 3 (D1&D3) fields in KG-D6 block, and are worth $10 billion.

Getting private funding will be an uphill task for Railways

Getting private funding will be an uphill task for Railways

Rediff.com26 Jul 2019

Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.