News for 'Department for Economic Development'

What Are The Aims Of India's Indo-Pacific Policy?

What Are The Aims Of India's Indo-Pacific Policy?

Rediff.com26 Jun 2023

India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.

Joshimath Tourism Industry Stares At Sinking Fortunes

Joshimath Tourism Industry Stares At Sinking Fortunes

Rediff.com11 Jan 2023

The tourism industry plays a vital role in the town, accounting for 70 per cent of its economy, according to experts.

Manipur: A Distant Outpost Full Of Promise

Manipur: A Distant Outpost Full Of Promise

Rediff.com9 Jun 2023

A lesson we have not learnt from China is the urgent need to knit the vast country together to keep it from falling apart at the seams. While there is considerable dent in poverty, sadly, the North East remains as distant today as it always was, points out Shreekant Sambrani.

'Deeply concerned' about security of Chinese in Pakistan, Xi tells Sharif

'Deeply concerned' about security of Chinese in Pakistan, Xi tells Sharif

Rediff.com2 Nov 2022

On his maiden visit to Beijing, Pakistan Prime Minister Shehbaz Sharif held talks with Chinese President Xi Jinping during which the two leaders agreed to strengthen the all-weather friendship and the USD 60 billion China-Pakistan Economic Corridor (CPEC).

Support Art 370 move, but concerned about Kashmir: US

Support Art 370 move, but concerned about Kashmir: US

Rediff.com22 Oct 2019

"We have urged Indian authorities to respect human rights and restore full access to services, including internet and mobile networks," she said.

Govt extends Foreign Trade Policy by 6 months

Govt extends Foreign Trade Policy by 6 months

Rediff.com26 Sep 2022

The government has decided to postpone the release of the new Foreign Trade Policy (FTP) and extend the existing one by six months on account of global uncertainties and currency fluctuations. The government was scheduled to announce the new FTP by the end of September. The current policy was to end on September 30.

CBI takes over probe into BJP leader Sonali Phogat's death

CBI takes over probe into BJP leader Sonali Phogat's death

Rediff.com15 Sep 2022

The central probe agency re-registered the first information report (FIR) of Goa Police on a reference from the Ministry of Home Affairs which was routed to it through the Department of Personnel and Training, officials said.

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

Rediff.com2 May 2022

Prime Minister Narendra Modi said on Monday that the partnership between India and Germany could serve as an example of success in a complex world as the two sides inked several agreements focused on sustainable development under which India would receive USD 10.5 billion assistance by 2030 to boost the use of clean energy.

Single ITR form with focus on cryptos likely

Single ITR form with focus on cryptos likely

Rediff.com2 Nov 2022

The Central Board of Direct Taxes (CBDT) has proposed a new common income-tax return (ITR), with greater focus on disclosing income from virtual digital assets or crypto assets and foreign equity and debt instruments held by resident Indians. For non-resident Indians, the draft ITR seeks exhaustive details ranging from nature of business, permanent establishment (PE), business connection, whether the entity has significant economic presence (SEP) in India, along with the number of users in India. The ITR protocol for NRIs could widen the scope of the SEP principle that was introduced in the Finance Bill 2018-19, and the explicitly defined 'business connection' to include provision of download of data or software, if aggregate payments from such transactions exceed a prescribed amount, or if a multinational's interaction is with a prescribed number of users.

Tarun Bajaj posted as revenue secretary in IAS reshuffle

Tarun Bajaj posted as revenue secretary in IAS reshuffle

Rediff.com6 Apr 2021

Senior bureaucrat Tarun Bajaj was appointed revenue secretary as part of a top-level bureaucratic reshuffle by the Centre on Tuesday.

Adani Ports junks Myanmar plans

Adani Ports junks Myanmar plans

Rediff.com27 Oct 2021

Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has decided to exit its investment in Myanmar by June next year. APSEZ, the largest port developer in India, is part of the globally diversified Adani Group. "The Board has decided to actively work on a plan on exiting Company's investment in Myanmar including divestment opportunities (expected to be concluded by March - June 2022)," APSEZ said in notes to its second quarter results.

10 economic commandments for Modi

10 economic commandments for Modi

Rediff.com29 Sep 2017

Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.

Nithyananda's Kailasa cons 30 US cities with 'sister city' pact

Nithyananda's Kailasa cons 30 US cities with 'sister city' pact

Rediff.com17 Mar 2023

Self-proclaimed godman and fugitive Nithyananda's 'United States of Kailasa' has signed a 'cultural partnership' with over 30 American cities, a media report has said, days after the city of Newark in the United States state of New Jersey said it rescinded a 'sister-city' agreement with the fictional country.

Monsoon covers Delhi, Mumbai together, breaks 62-year-old record

Monsoon covers Delhi, Mumbai together, breaks 62-year-old record

Rediff.com25 Jun 2023

While it hit the national capital two days before schedule, its entry into the financial capital is two weeks late, the Met office said.

Bureaucratic rejig: Health secy gets 3-month extension

Bureaucratic rejig: Health secy gets 3-month extension

Rediff.com26 Apr 2020

The Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, has approved a three-month extension in Sudan's service, beyond the date of her superannuation, i.e. April 30, a personnel ministry order said. She will continue to function as the secretary of the Department of Health and Family Welfare during the period, it said.

Modi to attend 3 key sessions at G20 summit in Bali

Modi to attend 3 key sessions at G20 summit in Bali

Rediff.com13 Nov 2022

The prime minister will leave for the Indonesian city of Bali on Monday on a three-day visit to attend the summit that is expected to deliberate extensively on pressing global challenges including the Ukraine conflict and its implications.

How the US Lost the Opium War in Afghanistan

How the US Lost the Opium War in Afghanistan

Rediff.com20 Sep 2021

The US spent $1.5 million a day since 2001 fighting the opium war in Afghanistan. After hundreds of airstrikes failed to curtail the Taliban's $200-million-a-year opium trade, the US military quietly ended the campaign when the Trump administration officials engaged in direct peace talks with the Taliban, notes Atanu Biswas.

All about the Infrastructure Finance Secretariat

All about the Infrastructure Finance Secretariat

Rediff.com13 Jul 2022

During his first Union Budget in July 2014, former finance minister Arun Jaitley announced the setting up of an institution called 3P India, with an allocation of Rs 500 crore. The intention was to mainstream public-private partnerships (PPPs) in India. The plan was to bring together the capacities of the government and private sector to push PPP projects.

How a tortoise made due diligence process NPA-free

How a tortoise made due diligence process NPA-free

Rediff.com28 Dec 2022

Only NIIF has stayed the course as a viable infrastructure financing institution.

On Yogi's direction, UP ministers tour districts for feedback on governance

On Yogi's direction, UP ministers tour districts for feedback on governance

Rediff.com29 Apr 2022

The ministers fanned out to different districts and interacted with officials and people to take stock of the implementation of government schemes at the grassroots level.

MCD polls: BJP promises houses for slum dwellers

MCD polls: BJP promises houses for slum dwellers

Rediff.com10 Nov 2022

Polling for the municipal elections in Delhi will be held on December 4 and votes will be counted on December 7.

Why Is Fadnavis Targeting Sharad Pawar?

Why Is Fadnavis Targeting Sharad Pawar?

Rediff.com27 Feb 2023

Friendship with Ajit Pawar and the eventual destruction of the NCP can only strengthen him and the BJP.

Bihar polls: Major issues affecting the electorate

Bihar polls: Major issues affecting the electorate

Rediff.com28 Oct 2020

As voting begins in Bihar in the first phase of assembly elections on Wednesday, the fate of political leaders depends on how the electorate perceives they can solve ground-level issues from reverse migration to tackling the COVID-19 pandemic.

The Perils Of Democracy In Pakistan

The Perils Of Democracy In Pakistan

Rediff.com26 May 2023

Pakistan still has to acquire the patience you need in a democracy. The patience to accept that even if I do not like the government I have, I must wait till the next election to change it, explains Shekhar Gupta.

Rs 62,000 Crore GST Evasion Detected

Rs 62,000 Crore GST Evasion Detected

Rediff.com26 Dec 2022

'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'

Manipur: 'The basic issue is land'

Manipur: 'The basic issue is land'

Rediff.com5 Jul 2023

'Meiteis started feeling insecure stating that the illegal immigrant population is growing in the valley, and that the majority community would become a minority.'

China asks US to respect Nepal's sovereignty as Kathmandu gives nod to MCC

China asks US to respect Nepal's sovereignty as Kathmandu gives nod to MCC

Rediff.com28 Feb 2022

Much to the surprise of Beijing, Nepal's Parliament on Sunday ratified the contentious US-funded $500 million Millennium Challenge Corporation compact along with an interpretive declaration a day ahead of the February 28 deadline set by Washington.

Andhra becomes second state to achieve 100% electrification

Andhra becomes second state to achieve 100% electrification

Rediff.com13 Sep 2016

About 35 per cent rural households in states like Uttar Pradesh, Madhya Pradesh, Bihar, Odisha and Assam still lacked access to power supply

OneWeb inks pact with ISRO commercial arm for launching satellites

OneWeb inks pact with ISRO commercial arm for launching satellites

Rediff.com21 Apr 2022

Bharti group-backed OneWeb and New Space India Limited, the commercial arm of the Indian Space Research Organisation, have entered into an agreement that will help ensure OneWeb completes its satellite launch programme. The first launch with New Space India is expected in 2022 from the Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota. The launches will add to Low Earth Orbit (LEO) satellite communications firm OneWeb's total in-orbit constellation of 428 satellites -- 66 per cent of the planned total fleet -- to build a global network that will deliver high-speed, low-latency connectivity.

Cricket Australia says to continue with tour of Sri Lanka

Cricket Australia says to continue with tour of Sri Lanka

Rediff.com12 May 2022

Cricket Australia continues to monitor the situation in Sri Lanka but has no plans to change the schedule of the upcoming tour of the island state despite continued violence, the governing body said on Thursday.

China accuses US of using democracy as 'WMD' to stoke confrontation

China accuses US of using democracy as 'WMD' to stoke confrontation

Rediff.com11 Dec 2021

While the US omitted China and Russia from the list of invitees, Beijing was furious over the invitation to the self-governing island Taiwan, which China said is a blatant violation of the 'One China' policy that considers Taipei as the integral part of the Chinese mainland.

Pompeo coming to India with American goodies

Pompeo coming to India with American goodies

Rediff.com14 Jun 2019

So, how does Pompeo's check list look like? In a broad sense, he is coming here 'to make sure that we have economic openness'; to ensure that 'we have to deliver'; to understand that 'we have to execute' what we promised to do; and, to 'broach some tough topics', points out Ambassador M K Bhadrakumar.

India's bond slump worse than others, issuance value down 10.1%

India's bond slump worse than others, issuance value down 10.1%

Rediff.com19 Apr 2022

Indian issuers are borrowing lesser through bonds compared to their global peers. The total value of bond issuances was down 10.1 per cent on a rolling 4-quarter basis in March 2022, compared to a similar period in March 2019, shows an analysis of data from tracker Refinitiv, a London Stock Exchange Group (LSEG) business. The four quarters ended March 2019 marked the last full financial year before the pandemic took hold.

US plans 280 mn aid to Pak to encourage counter-terrorism effort

US plans 280 mn aid to Pak to encourage counter-terrorism effort

Rediff.com5 Mar 2014

Arguing that Pakistan will remain a key player in counter terrorism post-2014, the United States has proposed $280 million in military assistance to the country, although it wants to cut civilian aid in an effort to acknowledge India's concerns about misuse of the funds.

BJP on verge of setting new election records in Gujarat, Himachal

BJP on verge of setting new election records in Gujarat, Himachal

Rediff.com8 Dec 2022

When the votes get counted for the assembly elections in Gujarat and Himachal Pradesh, the ruling Bharatiya Janata Party will be hoping to set a few new records.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

UN lowers India growth forecast to 4.8% for 2013

UN lowers India growth forecast to 4.8% for 2013

Rediff.com19 Dec 2013

India's economy is forecast to grow at 4.8 per cent in 2013, down 1.3 per cent from its earlier projection, the UN's World Economic Situation and Prospects 2014 report said.

'The impact of El Nino is always a matter of concern'

'The impact of El Nino is always a matter of concern'

Rediff.com6 Jun 2023

'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'

'Make caste discrimination in schools and colleges a crime'

'Make caste discrimination in schools and colleges a crime'

Rediff.com1 Jun 2023

'The government should immediately enact an Act to make caste discrimination a criminal offence and lay down a procedure similar to that of the Anti-Ragging Act.' 'Ragging has nearly been eliminated because it is treated as a criminal offence.' 'Similar procedure should be used in case of caste discrimination.'

Pak PM Imran Khan set to meet Putin within hours of Ukraine attack

Pak PM Imran Khan set to meet Putin within hours of Ukraine attack

Rediff.com24 Feb 2022

Pakistan Prime Minister Imran Khan on Thursday began his engagements in Moscow by laying a wreath at the Tomb of the Unknown Soldier, and is scheduled to meet Vladimir Putin, hours after the Russian president ordered a special military operation in eastern Ukraine, ignoring last-minute appeals and warnings from the West.