News for 'Delhi Economics'

Trump 2.0: Tough Navigation Lies Ahead For India

Trump 2.0: Tough Navigation Lies Ahead For India

Rediff.com12 Feb 2025

'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.

Roshni Nadar Malhotra, 3rd Richest Indian

Roshni Nadar Malhotra, 3rd Richest Indian

Rediff.com10 Mar 2025

Only Mukesh Ambani and Gautam Adani are ahead of her.

How Dr Singh Changed Finance Minister's Role

How Dr Singh Changed Finance Minister's Role

Rediff.com1 Feb 2025

'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.' 'Along with this, finance ministers became crucial in molding the perception and reputation of Union Cabinets.' 'Governments couldn't afford a wrong person in that portfolio,' asserts Shyam G Menon.

IndusInd Bank Officials Face Insider Trading Probe

IndusInd Bank Officials Face Insider Trading Probe

Rediff.com28 Mar 2025

The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure.

India's N-E landlocked, B'desh only...: Yunus pitch to China

India's N-E landlocked, B'desh only...: Yunus pitch to China

Rediff.com1 Apr 2025

Bangladesh's Chief Adviser Muhammad Yunus has called upon China to expand its economic influence in Bangladesh, controversially mentioning that India's northeastern states being landlocked could present an opportunity. Yunus, who recently visited China and met with President Xi Jinping, highlighted Bangladesh's role as the "only guardian of the ocean " in the region, suggesting it could be a pathway for Chinese economic expansion. This statement has sparked debate, with Sanjeev Sanyal, a member of Prime Minister Narendra Modi's economic advisory council, questioning the relevance of India's landlocked states in Yunus' appeal to China. Yunus, however, emphasized the importance of a strong friendship with China, viewing it as a counterbalance to India. During his visit, Yunus signed nine agreements with Beijing and secured USD 2.1 billion in investments, loans, and grants from the Chinese government and companies.

Restaurants can't levy mandatory service charge on food bills: HC

Restaurants can't levy mandatory service charge on food bills: HC

Rediff.com29 Mar 2025

The court upheld the guidelines and imposed Rs 1 lakh cost each on the petitioners to be deposited with the CCPA towards consumer welfare.

FTA talks may figure in Sitharaman's London meetings

FTA talks may figure in Sitharaman's London meetings

Rediff.com31 Mar 2025

Issues related to the proposed free trade agreement (FTA) and bilateral investment treaty between India and the UK are expected to figure during the three-day visit of Finance Minister Nirmala Sitharaman to London from April 8-10, official sources said. The minister will attend a host of meetings, including the India-United Kingdom Economic and Financial Dialogue, in London.

India, China draw closer amid Trump's tariff war

India, China draw closer amid Trump's tariff war

Rediff.com9 Apr 2025

Chinese President Xi Jinping on Wednesday pledged to strengthen the strategic relationships with neighbouring countries by 'appropriately' managing differences and enhancing supply chain ties as China's tariff war with the United States escalated.

IPL 2025 PIX: Clinical Gujarat Titans rout KKR to stay top of IPL

IPL 2025 PIX: Clinical Gujarat Titans rout KKR to stay top of IPL

Rediff.com22 Apr 2025

Gujarat Titans handed defending champions Kolkata Knight Riders an emphatic 39-run loss in the IPL 2025 match in Kolkata on Monday.

Manmohan called note ban 'biggest scam of India'

Manmohan called note ban 'biggest scam of India'

Rediff.com27 Dec 2024

Hailed as the architect of India's economic reforms, former prime minister Manmohan Singh in one his last interviews had said in 2019 that the country's economy was 'over-regulated', the government exerted control and interferences were aplenty with even regulators having 'morphed into controllers'.

Why The South Is Worried About Delimitation

Why The South Is Worried About Delimitation

Rediff.com28 Feb 2025

'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.

Why Are Indians Migrating Illegally To US?

Why Are Indians Migrating Illegally To US?

Rediff.com12 Feb 2025

Many unauthorised migrants originate from Punjab and Gujarat, states known for high migration aspirations rather than political instability.

Trump expects India to lower tariffs, 'but from April 2...'

Trump expects India to lower tariffs, 'but from April 2...'

Rediff.com20 Mar 2025

"India and everybody would think of them as an ally. I can say the same for others. But this is a group of wonderful nations that is countering other countries that look to hurt us on trade," he added.

Modi raises anti-India activities in NZ with visiting PM

Modi raises anti-India activities in NZ with visiting PM

Rediff.com17 Mar 2025

India and New Zealand have signed a pact to institutionalize their defence ties and vowed to boost cooperation in the Indo-Pacific. Prime Minister Narendra Modi raised concerns about anti-India activities by some illegal elements in New Zealand with his Kiwi counterpart Christopher Luxon. The two sides also signed six agreements to enhance cooperation in areas including education, sports, agriculture, and climate change. They also agreed to prepare a roadmap for cooperation in the defence industry sector and explore early implementation of cooperation in the digital payments sector.

Realty sector turns cautious as equity market tumbles

Realty sector turns cautious as equity market tumbles

Rediff.com14 Apr 2025

'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'

Manmohan Singh's last rites to be performed with full State honours

Manmohan Singh's last rites to be performed with full State honours

Rediff.com27 Dec 2024

Former Indian Prime Minister Manmohan Singh passed away at the age of 92 on Thursday. He will be given a state funeral with full state honors at Nigambodh Ghat on Saturday. Singh served as Prime Minister from 2004 to 2014 and was known for his role in India's economic reforms. Leaders from across the political spectrum paid their respects to the departed leader, highlighting his contributions to the nation.

Dr Singh's final journey to begin tomorrow at 9.30 am

Dr Singh's final journey to begin tomorrow at 9.30 am

Rediff.com27 Dec 2024

Prime Minister Narendra Modi and Congress leaders Sonia Gandhi and Mallikarjun Kharge were among the top leaders who paid homage to former prime minister Manmohan Singh at his home in New Delhi on Friday.

Budget 2025: Defence Must Be The Priority

Budget 2025: Defence Must Be The Priority

Rediff.com31 Jan 2025

'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.

'The house where young Manmohan lived is now...'

'The house where young Manmohan lived is now...'

Rediff.com27 Dec 2024

Recalling Singh as a very humble person, Kumar said, "Dr Singh used to live here. I was a child when his family shifted out. It was a very nice family." The house where the Singh family lived is in a dilapidated state now as no one stays there since they moved out a long time ago, Kumar said.

Why Kerala Opposes Sand Sea Mining

Why Kerala Opposes Sand Sea Mining

Rediff.com19 Apr 2025

If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.

How Manmohan Singh safeguarded environment and tribal rights

How Manmohan Singh safeguarded environment and tribal rights

Rediff.com27 Dec 2024

Under his leadership, India launched the National Action Plan on Climate Change, passed the landmark Forest Rights Act to protect the rights of tribal communities and established the National Green Tribunal to safeguard the environment through swift legal action.

Elon Musk Wants You!

Elon Musk Wants You!

Rediff.com19 Feb 2025

The Tesla careers page reveals there are 14 staff vacancies, of which 13 are based in Mumbai.

Why BJP Still Hasn't Named Nadda's Successor

Why BJP Still Hasn't Named Nadda's Successor

Rediff.com18 Apr 2025

The prolonged delay over electing J P Nadda's successor possibly stems from the RSS leadership wanting a person who is at least equidistant from the Sangh as well as the Modi/BJP edifice, observes BJP-RSS watcher Nilanjan Mukhopadhyay.

Concerning: Jaishankar on $21 million USAID row

Concerning: Jaishankar on $21 million USAID row

Rediff.com23 Feb 2025

India's External Affairs Minister S Jaishankar has expressed concern over information regarding USAID funding in India, calling it "concerning" and hinting at potential "bad faith" activities. Jaishankar asserted that India is looking into the matter and that the country should know who is involved in such activities. He also emphasized the need to expand India's security definition in the digital age, highlighting the influence of technology and narratives on public perception. The statements come amid controversy surrounding USAID funding for certain activities in India, with the US President Donald Trump questioning the agency's funding of voter turnout efforts.

FPIs' incessant selling continues; withdraw Rs 7,300 cr

FPIs' incessant selling continues; withdraw Rs 7,300 cr

Rediff.com9 Feb 2025

The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore in the entire January. Before that, they invested Rs 15,446 crore in December, data with the depositories showed.

Flexible office space growth set to trigger IPO wave

Flexible office space growth set to trigger IPO wave

Rediff.com9 Apr 2025

India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.

Gyanesh Kumar appointed as next CEC

Gyanesh Kumar appointed as next CEC

Rediff.com18 Feb 2025

Gyanesh Kumar, a 1988-batch Kerala Cadre IAS officer, has been appointed as the next Chief Election Commissioner (CEC) of India. Kumar, who was previously an Election Commissioner, will serve until January 26, 2029. His appointment comes amidst controversy as the Congress party demanded the government defer its decision until the Supreme Court concludes its hearing on a petition challenging the composition of the selection panel. Kumar's tenure will see him oversee several state assembly elections, including Bihar, Kerala, Puducherry, Tamil Nadu, and West Bengal.

Enemies Beware! Indian Army Set To Boost Long-Range Firepower

Enemies Beware! Indian Army Set To Boost Long-Range Firepower

Rediff.com26 Mar 2025

The ATAGS has a range of 35-45 kilometres, depending on the ammunition used, and achieved a 47-km firing range during trials.

Mamata Ready To Take On BJP For 2026

Mamata Ready To Take On BJP For 2026

Rediff.com27 Feb 2025

The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.

How Dr Manmohan Singh became India's 'reforms' man

How Dr Manmohan Singh became India's 'reforms' man

Rediff.com27 Dec 2024

He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even its gold reserve was pledged.

AAP + Cong Would Still Have Lost To BJP

AAP + Cong Would Still Have Lost To BJP

Rediff.com10 Feb 2025

Many were so disillusioned with AAP that they left it in droves. A 10% drop in AAP's vote share is a pointer to that. To assume that if AAP had teamed up with the Congress, the Congress' 6.3% vote share would have helped AAP retain control of Delhi is erroneous, argues Sudhir Bisht.

'Consumers should not pay higher taxes for clean technologies'

'Consumers should not pay higher taxes for clean technologies'

Rediff.com7 Apr 2025

'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'

Unconstitutional: Roll back 4% Muslim quota in contracts, BJP asks Sidda

Unconstitutional: Roll back 4% Muslim quota in contracts, BJP asks Sidda

Rediff.com17 Mar 2025

The BJP has vehemently criticized the Karnataka government's decision to provide four per cent reservation for Muslims in government contracts, labeling it an "unconstitutional misadventure." The party has pledged to challenge the move in court and has vowed to oppose it at all levels. Meanwhile, the ruling Congress party has defended the reservation, arguing that it aligns with constitutional provisions. The issue has led to heated exchanges in the Karnataka Assembly, with both parties accusing each other of engaging in appeasement politics.

'Without US, Saudis, UAE in loop, there will be no retaliation'

'Without US, Saudis, UAE in loop, there will be no retaliation'

Rediff.com24 Apr 2025

'If Pakistan's army wants to escalate violence in Kashmir, they have an unlimited supply of jihadis they can train and send. That's not an issue for them.'

'BJP Is Setting A Narrative That Gandhis Are Corrupt'

'BJP Is Setting A Narrative That Gandhis Are Corrupt'

Rediff.com17 Apr 2025

'They want to keep the pot boiling all the time.' 'The BJP wants to set a political narrative that the Gandhis are doing wrong things.'

India, Qatar to double trade in next 5 yrs; discuss Israel-Hamas issue

India, Qatar to double trade in next 5 yrs; discuss Israel-Hamas issue

Rediff.com19 Feb 2025

India and Qatar on Tuesday agreed to elevate their relationship to a strategic partnership and double bilateral trade to USD 28 billion over the next five years. Prime Minister Narendra Modi and Qatari Amir Sheikh Tamim Bin Hamad Al-Thani signed agreements and MoUs to strengthen economic cooperation, including a revised double taxation avoidance agreement. The strategic partnership will cover the "entire spectrum" of the bilateral relationship, including trade, energy security, and regional and international cooperation. Both leaders also discussed ways to further strengthen and broaden the energy partnership, including "exploring mutual investments." The Amir's visit provided an "excellent opportunity" for the top leadership of the two countries to discuss and "cement a strategic partnership for enhanced future cooperation."

Institutional investment in real estate jumps 31% to $1.3bn

Institutional investment in real estate jumps 31% to $1.3bn

Rediff.com5 Apr 2025

The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.

Parliament's Budget session to be held from Jan 31 to April 4

Parliament's Budget session to be held from Jan 31 to April 4

Rediff.com18 Jan 2025

Parliament's Budget Session will be held from January 31 to April 4, with Finance Minister Nirmala Sitharaman set to table her eighth straight budget on February 1. The session will begin with President Droupadi Murmu's address to a joint sitting of the Lok Sabha and Rajya Sabha on January 31, followed by the tabling of the economic survey. The first part of the Budget Session will have nine sittings from January 31 to February 13, after which Parliament will break for recess to examine the budget proposals. The session will reconvene on March 10 to discuss the demands for grants of various ministries and complete the budgetary process, concluding on April 4.

'Our Sardar': Cong asserts claim on Patel's legacy

'Our Sardar': Cong asserts claim on Patel's legacy

Rediff.com8 Apr 2025

Congress president Mallikarjun Kharge accused the BJP-RSS of carrying out a "well-planned conspiracy" against national heroes and said that Sardar Vallabhbhai Patel's ideology was contrary to the RSS' ideas. He defended the relationship between Sardar Patel and Jawaharlal Nehru, saying they were "two sides of the same coin". He also criticized the BJP-RSS for their alleged attempts to appropriate the legacy of Mahatma Gandhi and Sardar Patel.

'Murderers Are The Most Reliable People'

'Murderers Are The Most Reliable People'

Rediff.com19 Feb 2025

'It would be difficult for us to run jails if it wasn't for murderers.'