News for 'Department of Economic Affairs'

Vijay Gokhale to be new foreign secy

Vijay Gokhale to be new foreign secy

Rediff.com1 Jan 2018

He is at present secretary (economic relations) in the Ministry of External Affairs.

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.

Biden nominates LA Mayor Eric Garcetti as envoy to India

Biden nominates LA Mayor Eric Garcetti as envoy to India

Rediff.com10 Jul 2021

If confirmed by the Senate, Garcetti, 50, would replace Kenneth Juster, who served as India's Ambassador to the US during the Trump administration.

Prolonged lockdown to make India's water crisis worse

Prolonged lockdown to make India's water crisis worse

Rediff.com4 May 2020

Making water available is always a serious challenge in the summer for all public authorities. This year, the challenge is higher when hand-washing at every opportunity has become a necessity. So keeping potable water lines running without a glitch has become most necessary.

Why Is The Taliban Angry With Pakistan?

Why Is The Taliban Angry With Pakistan?

Rediff.com4 Jan 2022

The Taliban is showing its strong discontent as the high hopes given to it by the Pakistani military have been dashed, observes Ambassador M K Bhadrakumar.

PFRDA chief Yogesh Agarwal quits

PFRDA chief Yogesh Agarwal quits

Rediff.com13 Nov 2013

Following his resignation, the Finance Ministry has appointed Joint Secretary Anup Wadhawan as Chairman of the PFRDA.

Faceless scheme: Changes that revenue officers want

Faceless scheme: Changes that revenue officers want

Rediff.com2 Sep 2020

Some of the proposals include redrafting transfer and placement policy for IRS officers, strengthening the cadre restructuring, rebranding of IRS, robust deputation policy and creation of encadred post in other ministries and government department.

PM's principal secy Nripendra Misra to step down

PM's principal secy Nripendra Misra to step down

Rediff.com31 Aug 2019

Modi has appointed P K Sinha, who superannuated as cabinet secretary on Friday, as Officer on Special Duty (OSD) in the Prime Minister's Office (PMO), he said.

'Sharp drop in gold import can help contain CAD'

'Sharp drop in gold import can help contain CAD'

Rediff.com1 Oct 2013

Gold imports had totalled 335.1 tonne in the April-June quarter, but have declined to 58.37 in the second quarter (up to September 25).

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.

Factbox: Potential successors to RBI chief Rajan

Factbox: Potential successors to RBI chief Rajan

Rediff.com28 Jun 2016

Here is some background on the candidates seen as potential successors to Rajan at the RBI

India still eyes World Bank loans

India still eyes World Bank loans

Rediff.com19 Aug 2013

Diplomatic channels activated to keep India eligible for soft loans from World Bank affiliate, though rules show it's probably time we made way for the needier others.

India projected to surpass China as most populous country by 2023: UN report

India projected to surpass China as most populous country by 2023: UN report

Rediff.com11 Jul 2022

Th report predicted that the world population is to reach eight billion by mid-November 2022.

It's tea with Modi again, this time for bureaucrats

It's tea with Modi again, this time for bureaucrats

Rediff.com1 Nov 2014

The setting is expected to be less structured than the prime minister's introductory mega meeting with top bureaucrats soon after taking charge as PM

Global economy could shrink by almost 1% in 2020: UN

Global economy could shrink by almost 1% in 2020: UN

Rediff.com2 Apr 2020

With nearly 100 countries closing national borders during the past month, the movement of people and tourism flows have come to a screeching halt. The contraction could be even higher if governments fail to provide income support and help boost consumer spending.

Biden's Taiwan Threat Rattles China

Biden's Taiwan Threat Rattles China

Rediff.com24 May 2022

Key to China's decision regarding Taiwan will be its leadership's assessment whether the US will come to Taiwan's defence, explains Jayadeva Ranade, the former senior RA&W officer and China expert.

Govt clears 7.64% NFL stake sale; to bring in over Rs 130 cr

Govt clears 7.64% NFL stake sale; to bring in over Rs 130 cr

Rediff.com28 Jun 2013

As per Sebi norms, a public sector listed company should have 10 per cent public float by August 08, 2013.

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.

'Steps to check gold import showing results'

'Steps to check gold import showing results'

Rediff.com11 Jun 2013

Gold prices on Tuesday rose by Rs 227 to Rs 28,418 per 10 gm in futures trade, largely on speculative positions created by participants amid a firming trend at the spot market.

Demonetisation: Centre files caveat, SC may hear plea on Nov 15

Demonetisation: Centre files caveat, SC may hear plea on Nov 15

Rediff.com10 Nov 2016

The PIL filed by Delhi-based lawyer Vivek Narayan Sharma has termed the notification of DEA as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes

'Getting rid of tax exemptions is a right move'

'Getting rid of tax exemptions is a right move'

Rediff.com13 Feb 2020

'If you do quick back-of-the-envelope calculation, someone earning Rs 10 lakh can get a benefit of anywhere between Rs 35,000 and Rs 45,000, even if s/he is availing exemptions.' 'A large proportion of people do not avail full exemptions as they don't have money to invest in those schemes.'

Any nation that supports Russia will be stained by association: Biden

Any nation that supports Russia will be stained by association: Biden

Rediff.com25 Feb 2022

Over the past few days, the Biden administration has been reaching out to its friends and allies to support it against Russian aggression in Ukraine.

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'.

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.

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.

As things turn sour, Jalan panel hopes to pacify FinMin

As things turn sour, Jalan panel hopes to pacify FinMin

Rediff.com2 Jul 2019

The main difference of opinion between RBI and FinMin is over the transfer of the RBI's 'excess' capital reserves. The Jalan panel seeks to convince finance secretary Subhash Garg to soften his dissent note language. The move is aimed at maintaining the now-cordial relations between the RBI and the finance ministry.

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.

New Fema rules stump foreign-owned MFs

New Fema rules stump foreign-owned MFs

Rediff.com5 Nov 2019

Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.

Three finance secretaries in 15 months!

Three finance secretaries in 15 months!

Rediff.com2 Sep 2015

The way the present government has dealt with appointments of civil servants remains to be a cause for concern.

Centre opposes EC's stand in SC on electoral bonds

Centre opposes EC's stand in SC on electoral bonds

Rediff.com3 Apr 2019

The government said that the massive amount of political donations were earlier made in cash by individuals or corporates using 'illicit means of funding'.

US introduces Russia benchmarks into India relations

US introduces Russia benchmarks into India relations

Rediff.com12 Apr 2022

The pressure on India to take a hostile attitude towards Russia and China was not subtle, but it was guarded, observes Ambassador T P Sreenivasan after Monday's 2+2 ministerial meeting in Washington, DC.

US approves sale of $1.9-bn Integrated Air Defence Weapon System to India

US approves sale of $1.9-bn Integrated Air Defence Weapon System to India

Rediff.com11 Feb 2020

It also comes ahead of a possible visit by President Donald Trump to India later this month. Trump is set to visit India on a two-day trip between February 23 and 26 and both sides are in the process of fine-tuning his schedule, according to sources in New Delhi.

India Is Beating China At Its Own Game

India Is Beating China At Its Own Game

Rediff.com21 Dec 2021

Whether it is Sri Lanka, Maldives, or Nepal, quietly but steadily, India has been reclaiming some of the ground it had lost to China, observes Aditi Phadnis.

Search on for new wholetime member at Sebi

Search on for new wholetime member at Sebi

Rediff.com5 Feb 2018

Likely to select from 3 shortlisted; follows Sanjeev Kaushik's refusal to take the job if made to retire from IAS

Is The Taliban Breaking Away From Pakistan?

Is The Taliban Breaking Away From Pakistan?

Rediff.com18 Jan 2022

The Taliban's main challenge comes on the financial and economic front and there Pakistan doesn't have the capacity to be of any meaningful help, observes Ambassador M K Bhadrakumar.

FDI cap tweak in print media, retail in the works

FDI cap tweak in print media, retail in the works

Rediff.com17 Mar 2017

This can mean companies like Apple, Zara can sell in India through wholly-owned subsidiaries

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.

'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.

'Budget is not the last word on PSU banks' recapitalisation'

'Budget is not the last word on PSU banks' recapitalisation'

Rediff.com1 Mar 2016

Arun Jaitley addressed a post-Budget press conference.

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.