News for 'Department for Economic Development'

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.

Govt clears Infosys proposal to set up SEZ in Bengaluru

Govt clears Infosys proposal to set up SEZ in Bengaluru

Rediff.com5 May 2016

The decision was taken by an inter-ministerial Board of Approval.

Maharashtra dithers over SEZ referendum results

Maharashtra dithers over SEZ referendum results

Rediff.com3 Jan 2009

Three months have passed, but the Maharashtra government has not been able to finalise its report on the results of the September 22 referendum it had organised in 22 villages of Raigad district that form part of the 10,000-hectare Mumbai Special Economic Zone developed by Jai Corp, a company promoted by Reliance Industries chairman Mukesh Ambani's close associate Anand Jain.

Meet Indian American community's first 'power couple'

Meet Indian American community's first 'power couple'

Rediff.com21 Dec 2009

United States President Barack Obama recently elevated Dr Rajiv Shah, who currently serves as Under Secretary for Research, Education and Economics and Chief Scientist at the United States Department of Agriculture, as administrator for the United States Agency for International Development. Earlier, the Obama administration had named Shah's wife, Shivam Mallick Shah as Director of Special Initiatives, Office of Innovation and Improvement at the Department of Education.

Cabinet nods Rs 1,877-cr plans of India Post

Cabinet nods Rs 1,877-cr plans of India Post

Rediff.com27 Aug 2010

The postal department would be floating tenders for procurement of hardware and development of software. Pilots will be held in rural and urban post offices and the final roll out will be completed by September 2012.

'Corporate tax cuts will affect tax collection'

'Corporate tax cuts will affect tax collection'

Rediff.com13 Dec 2019

'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.

Bill Gates on how to tackle climate change challenges

Bill Gates on how to tackle climate change challenges

Rediff.com18 Nov 2019

Gates, who is also co-chair in the Bill & Melinda Gates Foundation, further said since the issue of climate change is "complicated", different interventions are required to be taken including developing new variety of seeds and their distribution to farmers.

Reliance to conclude Aramco deal this year: Ambani

Reliance to conclude Aramco deal this year: Ambani

Rediff.com24 Jun 2021

Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15 billion deal. Reliance chairman and Asia's richest man Mukesh Ambani, who had two years back disclosed the talks to sell a 20 per cent stake in the company's oil-to-chemical unit to Saudi Aramco, announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders. Harvard educated Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed a desire to retire, Ambani said. On the sale of a 20 per cent stake in the O2C business, he said the deal is likely to conclude this year.

PM Modi has a jam-packed schedule in Singapore

PM Modi has a jam-packed schedule in Singapore

Rediff.com13 Nov 2018

Modi will have a number of high-profile multilateral and bilateral meetings with global leaders including United States Vice President Mike Pence and Singapore premier Lee Hsein Loong.

Govt may take more steps to curb gold import: FinMin

Govt may take more steps to curb gold import: FinMin

Rediff.com3 Jun 2013

Gold and silver imports during April, 2013 jumped by 138 per cent to $7.5 billion against $3.1 billion in the year-ago period.

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.

How Biden's trade team could influence relations between the two countries

How Biden's trade team could influence relations between the two countries

Rediff.com7 Jan 2021

India will have to show more willingness to import, and since Biden will not encourage sale of oil and gas to bridge the gap, it means there has to be more meaningful duty reduction in other areas even if Delhi baulks at a Free Trade Agreement so soon after walking out of RCEP.

Assam to have Research and Analysis Centre

Assam to have Research and Analysis Centre

Rediff.com16 Oct 2014

Assam government has decided to create the Special Branch of police department as a separate autonomous body and form a Research and Analysis Centre for socio-economic and cultural developments in the state.

India's tweaking of FDI norms aimed at only China

India's tweaking of FDI norms aimed at only China

Rediff.com28 Apr 2020

'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.

China, Iran cosy up: India is the loser

China, Iran cosy up: India is the loser

Rediff.com18 Jul 2020

Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.

Who will get COVID-19 vaccine first? Vardhan explains

Who will get COVID-19 vaccine first? Vardhan explains

Rediff.com11 Oct 2020

'The prioritisation of groups for COVID-19 vaccine shall be based on two key considerations -- occupational hazard and risk of exposure to infection, and the risk of developing severe disease and increased mortality'

India's spending on space tripled in 10 years

India's spending on space tripled in 10 years

Rediff.com28 Mar 2019

India's spending on space research almost tripled from Rs 4,163 crore in 2009-2010 to Rs 11,538 crore in 2018-2019.

PM Modi to address nation on Tuesday, last day of 3-week lockdown

PM Modi to address nation on Tuesday, last day of 3-week lockdown

Rediff.com13 Apr 2020

The prime minister is likely to talk about its possible extension.

10 traits every hiring manager wants in a new hire

10 traits every hiring manager wants in a new hire

Rediff.com3 May 2016

These qualities will put you on top of the game.

India's ban on apps not beneficial to anyone: China

India's ban on apps not beneficial to anyone: China

Rediff.com3 Sep 2020

India on Wednesday banned 118 more mobile apps with Chinese links, including the popular game PUBG, citing data privacy concerns and a threat to national security, taking the total count of Chinese-linked mobile apps banned by New Delhi to 224.

Govt considers de-notification rules for SEZs

Govt considers de-notification rules for SEZs

Rediff.com9 Jun 2009

However, the ministry of law opined that though there is no specific provision in the SEZ Act and Rules, the power to notify includes power to de-notify also, sources said. Industry experts said that the SEZs which are finding it difficult to continue should be allowed to quit.

Watch out for Michael Patra at RBI!

Watch out for Michael Patra at RBI!

Rediff.com5 Feb 2020

'I am sure Dr Patra will get the fullest cooperation from the finance minister who needs workhorses, not prima donnas constantly looking to improve their CVs,' says T C A Srinivasa-Raghavan.

UP govt notifies land for Rs 16,000 cr Noida's Jewar airport

UP govt notifies land for Rs 16,000 cr Noida's Jewar airport

Rediff.com21 Jan 2019

The airport would comprise two runways and handle 70 million passengers and 3 million tonnes cargo annually when fully developed.

Investors not keen on SEZs; 57 to surrender zones

Investors not keen on SEZs; 57 to surrender zones

Rediff.com10 Feb 2015

The board would take a decision on these applications on February 20.

Remembering Homi Bhabha

Remembering Homi Bhabha

Rediff.com31 Oct 2019

On Dr Homi J Bhabha's 110th birth anniversary, Dr K S Parthasarathy shares some personal memories of the legendary nuclear scientist.

Your Apple iPhone XR is now 'Made in Chennai'

Your Apple iPhone XR is now 'Made in Chennai'

Rediff.com23 Oct 2019

The development comes at a time when growing tension in US-China trade ties is forcing companies to explore alternative manufacturing sites in order to derisk operations.

Is govt's $60 billion agri exports target feasible?

Is govt's $60 billion agri exports target feasible?

Rediff.com7 Dec 2018

Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office

Is India's economy crashing?

Is India's economy crashing?

Rediff.com3 Jan 2020

'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.

Why Rane's slap remark will help Shiv Sena more than BJP

Why Rane's slap remark will help Shiv Sena more than BJP

Rediff.com6 Sep 2021

With Narayan Rane, the BJP looks to expand its footprint in Mumbai and Konkan. But a perceived self-goal by him may have galvanised the restive Shiv Sena cadre and voters to coalesce around their party. Dhaval Kulkarni reports

Centre's nod for Kozhikode SEZ

Centre's nod for Kozhikode SEZ

Rediff.com11 Jun 2010

The decision was taken at a meeting of the Board of Approvals held at New Delhi.

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.

'India has to catch a train that left 25 years ago'

'India has to catch a train that left 25 years ago'

Rediff.com2 May 2017

'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'

Sitharaman tells PSU bank chiefs to quicken loans to MSMEs

Sitharaman tells PSU bank chiefs to quicken loans to MSMEs

Rediff.com9 Jun 2020

Finance Minister Nirmala Sitharaman on Tuesday held a review meeting on credit guarantee scheme with heads of public sector banks, and asked them to expedite loan disbursement under the Rs 3-lakh crore ECLGS for MSME sector, hit hard by coronavirus-induced lockdown. The meeting on Emergency Credit Line Guarantee Scheme (ECLGS) was held through video conference, and the minister appreciated the efforts of banks in execution of the scheme.

Air travel cost from Delhi to increase from Tuesday

Air travel cost from Delhi to increase from Tuesday

Rediff.com9 May 2012

The Airports Economic Regulatory Authority on April 25 decided to raise airport charges, including UDF, by a whopping 346 per cent for two years, with airlines protesting the move and saying they and the passengers would have to face the brunt of the massive hike.

What can we next expect from Xi?

What can we next expect from Xi?

Rediff.com1 Mar 2021

It will be interesting to see whether India-China border tensions figure during the deliberations of PLA deputies to the NPC and CPPCC, notes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.

Lakshadweep administrator has Modi's ear, and trust

Lakshadweep administrator has Modi's ear, and trust

Rediff.com16 Jun 2021

Given Narendra Modi's trust in him, Praful Khoda Patel is unlikely to back down in Lakshadweep.

'Wonder what they are trying to hide'

'Wonder what they are trying to hide'

Rediff.com21 Mar 2016

'The Indian government has accepted and is a party to international agreements, standards and conventions on religious freedom.' 'We did not force it on them. We are not trying to impose something on them that they haven't already agreed to...' 'India has never allowed us to visit, which is very disappointing for such a wonderful country with such a rich democratic tradition. They seem to be afraid to let us in.'

In a first, RBI releases minutes of its October central board meeting

In a first, RBI releases minutes of its October central board meeting

Rediff.com21 Jan 2020

Such minutes will be available within two weeks from the date of its confirmation in the next meeting of the central board and on being signed by the chairman in the same meeting, the RBI said in a statement on its website.

Natural calamities wreak havoc on spices and coffee plantations

Natural calamities wreak havoc on spices and coffee plantations

Rediff.com22 Nov 2019

Karnataka suffered a crop loss in around 97,365 hectares out of the total bearing area of 2,26,244 hectares of coffee and spices plantations.

RITES begins ground survey for monorail in Patna

RITES begins ground survey for monorail in Patna

Rediff.com21 Oct 2011

Officials in the state urban development department said that RITES has started soil testing at four places in Patna to conduct techno-economic feasibility study for a monorail here.