News for 'Department for Economic Development'

Delhi's COVID-19 cases cross 92K mark

Delhi's COVID-19 cases cross 92K mark

Rediff.com2 Jul 2020

The capital recorded 2,373 fresh coronavirus cases taking the tally to 92,175. With 61 deaths, the fatalities now stand at 2,864.

Have minimised COVID-19 spread, cut transmission: Govt

Have minimised COVID-19 spread, cut transmission: Govt

Rediff.com23 Apr 2020

While asserting that the growth of coronavirus cases in the country has been more or less linear and not exponential, it also said testing has been ramped up consistently.

WB, ADB assure Odisha of $313-million aid for cyclone

WB, ADB assure Odisha of $313-million aid for cyclone

Rediff.com14 Nov 2013

Accepting Odisha's proposal of constructing an additional 162 cyclone shelter houses as they helped in providing safe stay for people after evacuation from the coast, WB team agreed to provide assistance of $55 million for the purpose, the sources said.

Digital currency race: China leads. India must catch up

Digital currency race: China leads. India must catch up

Rediff.com23 Oct 2020

India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.

How NOT to celebrate Environment Day

How NOT to celebrate Environment Day

Rediff.com12 Jun 2017

Growing and harvesting trees for productive and economic uses are once again dead in the water, says Sunita Narain.

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Rediff.com19 Jan 2019

'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'

PM pitches for N-power, says require energy to sustain growth

PM pitches for N-power, says require energy to sustain growth

Rediff.com13 Jan 2014

Pitching for greater use of "clean" and "dependable" nuclear power, Prime Minister Manmohan Singh on Monday made it clear that India will need large amount of energy to maintain the tempo of growth which averaged 7.9 per cent during the last 10 years despite two bouts of global recession.

Andhra CM returns 50 acres of land to waqf board

Andhra CM returns 50 acres of land to waqf board

Rediff.com12 Feb 2009

The Muslim leadership striving for the recovery of the encroached Waqf property in Andhra Pradesh achieved a major success on Wednesday as the Andhra Pradesh Chief Minister Y S Rajasekhara Reddy returned 50 acres of prime land to the state Waqf board.

'2019 election will be about arithmetic'

'2019 election will be about arithmetic'

Rediff.com9 Jun 2018

'This coming general election is not going to be about manifestoes.'

Global economy grim, it's hurting India's exports: Jaitley

Global economy grim, it's hurting India's exports: Jaitley

Rediff.com19 Apr 2016

Jaitley said each of the regions in the world is trying to do its best.

'Budget would have done a wonderful job, if...'

'Budget would have done a wonderful job, if...'

Rediff.com29 Jan 2021

'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'

New regulator to monitor crowdfunding likely

New regulator to monitor crowdfunding likely

Rediff.com29 May 2018

Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.

Why Ashok Chawla quit as NSE chairman

Why Ashok Chawla quit as NSE chairman

Rediff.com11 Jan 2019

The move comes after CBI gets sanction to prosecute him in Aircel-Maxis case

FinMin-RBI differences come to the fore again

FinMin-RBI differences come to the fore again

Rediff.com31 Oct 2018

The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.

5G will be rolled out by 2020

5G will be rolled out by 2020

Rediff.com27 Sep 2017

India is looking at 5G technology as a major opportunity in terms of offering services tailored for rural India like telehealth, tele-education and bandwidth-heavy applications

India, China on US trafficking watchlist

India, China on US trafficking watchlist

Rediff.com5 Jun 2008

The Indian government does not fully comply with the minimum standards for elimination of trafficking, it said but conceded that New Delhi is making "significant efforts" to fight bonded labour.

Human trafficking: US puts watch on India, China

Human trafficking: US puts watch on India, China

Rediff.com5 Jun 2008

The Indian government does not fully comply with the minimum standards for elimination of trafficking, it said but conceded that New Delhi is making 'significant efforts' to fight bonded labour. Equally dismal was the record of Sudan, Syria, Myanmar, Cuba, Fiji, Moldova and Papua New Guinea, according to grading done by the annual report.

Lack of agri investment led to food crisis: UN

Lack of agri investment led to food crisis: UN

Rediff.com7 May 2008

Senior United Nations experts have said that lack of investment in agriculture over a long period of time and the use of precious natural resources for bio-fuel production have also contributed to the current food crisis. The use of crops for bio-fuel production had also contributed to the worldwide rise in food prices, since it meant that a part of our natural resources had to be diverted away from the production of food crops. The experts were talking in a conference in NY.

Congress manifesto to focus on jobs, farm and banking reforms

Congress manifesto to focus on jobs, farm and banking reforms

Rediff.com13 Mar 2019

The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.

Protests greet Nitish during Muzaffarpur hospital visit

Protests greet Nitish during Muzaffarpur hospital visit

Rediff.com18 Jun 2019

Kumar, who had been away in New Delhi since Saturday, returned to the state capital on Monday evening and held an emergency review meeting on the AES situation with officials.

FDI up 8% in FY'14 at $24.3 bln

FDI up 8% in FY'14 at $24.3 bln

Rediff.com22 May 2014

In 2012-13, FDI aggregated at $ 22.4 billion.

Fully uphold rights of minorities, vulnerable people: US to India

Fully uphold rights of minorities, vulnerable people: US to India

Rediff.com22 Oct 2019

India is the birthplace of four major world religions -- Hinduism, Sikhism, Buddhism, and Jainism. It is home to the world's third largest Muslim population, a diverse community of sects that includes Sufis, Shia, and Bohra. Roughly three per cent of India's citizens are Christian, and notably, Christians are the religious majority in three of India's 29 states, she said.

Now, big realty projects under Mayawati scanner

Now, big realty projects under Mayawati scanner

Rediff.com13 Jun 2007

After Anil Ambani's proposed special economic zone and land allotments in Noida, all big-ticket real estate projects are being reviewed by the Mayawati government in Uttar Pradesh.

Are rasogollas really worth the fight?

Are rasogollas really worth the fight?

Rediff.com8 Dec 2017

'Having consumed thousands of the sickly sweet chenna globes of varying textures over the years, I must demur,' says Uttaran Das Gupta.

Rajapaksa assumes charge as new Lankan PM amid 'bloodbath' warnings by speaker

Rajapaksa assumes charge as new Lankan PM amid 'bloodbath' warnings by speaker

Rediff.com29 Oct 2018

President Maithripala Sirisena's new Cabinet was also sworn in and Rajapaksa was named the new minister of finance and economic affairs.

Bankers agree to review lending rates

Bankers agree to review lending rates

Rediff.com5 Aug 2019

Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.

Economy: Why Modi must be on guard

Economy: Why Modi must be on guard

Rediff.com20 Jul 2020

'The road ahead for the government's fiscal management will be full of many new challenges,' warns A K Bhattacharya.

'Long fight': PM asks ministers to plan 'slow' exit from lockdown

'Long fight': PM asks ministers to plan 'slow' exit from lockdown

Rediff.com7 Apr 2020

Addressing his council of ministers in a video conference, Modi asked them to prepare business continuity plans to fight the economic impact of COVID-19 on a war footing, but also asserted that this crisis is an opportunity to boost the 'Make-in-India' initiative and reduce dependence on other countries.

SEZs may get more service tax respite

SEZs may get more service tax respite

Rediff.com26 Oct 2007

Analysts point out that exporters outside SEZs enjoy Cenvat credit against service tax paid on a host of services subscribed to while engaging in export-related activities. In addition, the department of revenue recently permitted service tax exemption on seven services used by exporters.

China, world's third largest investor after US and Japan

China, world's third largest investor after US and Japan

Rediff.com10 Sep 2013

China has emerged as the world's third largest investor as Foreign Direct Investment (FDI) from the Communist giant jumped by 17.6 per cent last year defying a global pattern.

Thaw in icy ties? Senior US official meets Indian envoy

Thaw in icy ties? Senior US official meets Indian envoy

Rediff.com15 Jan 2014

India and the United States have affirmed their shared commitment to continue their work on a broad range of bilateral issues and move forward post the Devyani episode.

Kris Kolluri to oversee ops at New Jersey's top public universities

Kris Kolluri to oversee ops at New Jersey's top public universities

Rediff.com4 Jul 2014

Kris Kolluri, a former New Jersey senior government official, was recently appointed the new chief executive officer of the Rowan University/Rutgers-Camden board of governors.

Goyal focuses on exports, industry growth

Goyal focuses on exports, industry growth

Rediff.com8 Jun 2019

Work on a dozen decisions to start by next week.

Good news! IMD forecasts normal rainfall this year

Good news! IMD forecasts normal rainfall this year

Rediff.com15 Apr 2020

India will receive normal monsoon this season, country's meteorological department said on Wednesday in its forecast for the Southwest monsoon that covers 75 per cent of the country, and thereby may bring much-needed respite to the economy, which is reeling under the catastrophic effect of the Covid-19 pandemic.

Biggest challenge facing India's financial sector

Biggest challenge facing India's financial sector

Rediff.com6 Feb 2018

The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system

Honoured to be appointed by PM to NITI Aayog: Panagariya

Honoured to be appointed by PM to NITI Aayog: Panagariya

Rediff.com6 Jan 2015

Indian-American economist Arvind Panagariya has said that he is "honoured" to be appointed by Prime Minister Narendra Modi as the first Vice Chairman of the newly created NITI Aayog, which replaces the 65-year-old Planning Commission.

US not seeking regime change in N Korea: Tillerson

US not seeking regime change in N Korea: Tillerson

Rediff.com2 Aug 2017

Tillerson said he hoped that at some point the North Koreans will begin to understand that the US would like to sit and have a dialogue with them.

Investors queue up to rescue highway projects

Investors queue up to rescue highway projects

Rediff.com21 Jul 2016

Govt to chalk out entry of sovereign funds from Abu Dhabi, Qatar into such projects.

'At least 100 tonnes of gold can be mined a year in India'

'At least 100 tonnes of gold can be mined a year in India'

Rediff.com8 Feb 2018

While the gold policy covers every aspect, from sourcing gold to trading and investing in it, experts assert that the policy is incomplete if mining of gold in India isn't promoted.

Article 370 is Jammu-Kashmir's strength, says Mehbooba

Article 370 is Jammu-Kashmir's strength, says Mehbooba

Rediff.com9 Jun 2016

At the same time, the chief minister added, "We have decided to review the policy to remove any misconceptions in this regard."