News for 'Department of Economic Affairs'

What makes this loss-making steel co so attractive?

What makes this loss-making steel co so attractive?

Rediff.com14 Apr 2021

India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.

FinMin not in favour of tightening FDI norms in pharma

FinMin not in favour of tightening FDI norms in pharma

Rediff.com15 Oct 2013

The Department of Industrial Policy and Promotion in its draft Cabinet has proposed to further tighten the rules for foreign direct investment in brownfield pharmaceutical sector.

The babu who planned demonetisation

The babu who planned demonetisation

Rediff.com20 Nov 2017

'GST had to come close on the heels of demonetisation as part of the same package.'

Jaitley: Cong peddling lies on Rafale to save 'sinking dynasty'

Jaitley: Cong peddling lies on Rafale to save 'sinking dynasty'

Rediff.com12 Feb 2019

"How many more lies will be peddled to sustain a sinking dynast? India, certainly deserves better," Jaitley said.

Card data breach: Govt promises prompt action

Card data breach: Govt promises prompt action

Rediff.com21 Oct 2016

As many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data

NEW! Generals involved in national security talks

NEW! Generals involved in national security talks

Rediff.com26 Oct 2020

The future can only get better if we continue to break silos and work as integrated teams focussed on promoting national interests, recommends Sanjeev Nayyar.

Sebi to get sweeping powers while probing insider trading cases

Sebi to get sweeping powers while probing insider trading cases

Rediff.com12 Jun 2013

Sebi's plea for such powers has been endorsed by the finance ministry.

Govt creates 'Japan Plus' to fast track Japanese investments

Govt creates 'Japan Plus' to fast track Japanese investments

Rediff.com10 Oct 2014

The commitment by Japan to invest $35 billion or 3.5 trillion YEN is for infrastructure sector over five years.

'Modi has been scrupulously honest. Indira Gandhi institutionalised corruption'

'Modi has been scrupulously honest. Indira Gandhi institutionalised corruption'

Rediff.com21 Jul 2018

'Modi has shown political courage by instituting several economic reforms which include demonetisation, ushering in GST, eradication of benami transactions...'

'Don't Expect US Help In A War With China'

'Don't Expect US Help In A War With China'

Rediff.com20 May 2022

'The US will not want to tangle with China landwards.' 'Nor will the US confront the Chinese navy seawards on India's account.'

Plea in SC against ban on Rs 500, Rs 1,000 notes

Plea in SC against ban on Rs 500, Rs 1,000 notes

Rediff.com9 Nov 2016

The PIL, which could be listed for hearing during the week, termed Tuesday's notification of department of economic affairs and the finance ministry as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes to legitimate notes to avoid "large scale mayhem, life-threating difficulties".

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.'

Chidambaram for mobilising resources from insurance, pension sectors

Chidambaram for mobilising resources from insurance, pension sectors

Rediff.com18 Jun 2013

The finance minister was speaking after launching the maiden IDF scheme of IIFCL Mutual Fund in New Delhi on Tuesday.

Decision on FDI cap soon: FM

Decision on FDI cap soon: FM

Rediff.com2 Jul 2013

Seeking to spur foreign investments, Finance Minister P Chidambaram has said the Union Cabinet will decide on raising FDI caps in different sectors in the third week of this month.

Goyal runs finance ministry, but Jaitley's watching

Goyal runs finance ministry, but Jaitley's watching

Rediff.com26 Jun 2018

While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.

'I told them India was like a giant jumbo jet. It would take off slowly and be unstoppable'

'I told them India was like a giant jumbo jet. It would take off slowly and be unstoppable'

Rediff.com10 Jan 2023

This doctor couple put their faith in India. And in return India has put faith in them.

NIA to probe Kerala gold smuggling case

NIA to probe Kerala gold smuggling case

Rediff.com10 Jul 2020

The gold, weighing over 30 kg, was seized from the "diplomatic baggage" that had landed by air cargo at the Thiruvananthapuram international airport recently from the Gulf.

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.

China invites India to join its ambitious Silk Road projects

China invites India to join its ambitious Silk Road projects

Rediff.com10 Aug 2014

Giving final touches to its most ambitious plan to build a wide network of new silk roads on land and seas to enhance global connectivity, China has invited India to join President Xi Jinping's pet project that would revive the ancient trade route and benefit the region.

Hardik Patel fallout: Home Secy Goyal gets the boot

Hardik Patel fallout: Home Secy Goyal gets the boot

Rediff.com31 Aug 2015

The Narendra Modi government on Monday sprang a surprise when it appointed senior IAS officer Rajiv Mehrishi as Union home secretary in place of incumbent L C Goyal, who sought voluntary retirement after taking over the charge seven months ago.

Jaishankar holds talks with US NSA, reviews ties

Jaishankar holds talks with US NSA, reviews ties

Rediff.com28 May 2021

'Sullivan and Jaishankar welcomed the cooperation in recent weeks that resulted in deliveries of over USD 500 million in COVID-19 relief supplies from the US federal and state governments, US companies and private citizens across America for the people of India'

Beware of Xi's secret army!

Beware of Xi's secret army!

Rediff.com22 Jan 2021

India, Taiwan and countries with large numbers of Tibetans, Uyghurs and overseas Chinese will be prominent among those that witness elevated United Front activity, notes Jayadeva Ranade, the distinguished China expert and retired RAW officer.

India focuses on BIMSTEC rather than SAARC: Jaishankar

India focuses on BIMSTEC rather than SAARC: Jaishankar

Rediff.com6 Jun 2019

He underlined that Lok Sabha election results in India show that the Modi government kept alive and strengthened the 'expectation of change' in the country.

After 12 years, govt decides to privatise 6 more airports

After 12 years, govt decides to privatise 6 more airports

Rediff.com9 Nov 2018

The ones chosen for operation, management and development through a public-private partnership model are Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.

India-US ties sailing in choppy waters

India-US ties sailing in choppy waters

Rediff.com10 Jan 2020

'2020 will show whether India's troubled domestic economic and political house reveals a mismatch in their strategic association or whether closer strategic ties are yet possible,' says Anita Inder Singh.

Banks in talks with temple trusts to push gold scheme

Banks in talks with temple trusts to push gold scheme

Rediff.com3 Dec 2015

Banks in talks with temple trusts to push gold scheme

If Jaishankar's diagnosis is correct, what stops him from correcting it?

If Jaishankar's diagnosis is correct, what stops him from correcting it?

Rediff.com14 Sep 2020

'What Jaishankar says is simplistic.' 'The past does not matter that much.' 'If we think that it does it is because we are not good enough at running the nation competently today and are searching for excuses why,' argues Aakar Patel.

Oppn expresses 'serious misgivings' over lateral entry to jt secy post

Oppn expresses 'serious misgivings' over lateral entry to jt secy post

Rediff.com11 Jun 2018

Rashtriya Janata Dal's Manoj Jha saw the move as an attempt to have a 'committed bureaucracy'.

Virtual currencies are like Ponzi schemes: Finmin warns investors

Virtual currencies are like Ponzi schemes: Finmin warns investors

Rediff.com29 Dec 2017

Virtual currencies don't have any intrinsic value and are not backed by any kind of assets.

Time For RBI To Change Penalty Rules

Time For RBI To Change Penalty Rules

Rediff.com11 Nov 2021

Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.

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.

'Economy is touching pre-Covid levels'

'Economy is touching pre-Covid levels'

Rediff.com11 Nov 2020

'It is entering growth territory on a month-on-month basis.'

What ministers are doing to control soaring food prices

What ministers are doing to control soaring food prices

Rediff.com16 Jun 2016

The country had imported 5.5 million tonnes of pulses last year.

FM offers interest, penalty waiver to Vodafone, Cairn

FM offers interest, penalty waiver to Vodafone, Cairn

Rediff.com29 Feb 2016

Vodafone is facing tax liability over its $11 billion acquisition of a 67 per cent stake in the mobile-phone business owned by Hutchison Whampoa in 2007.

SC terms filing of sedition cases as disturbing trend

SC terms filing of sedition cases as disturbing trend

Rediff.com26 Aug 2021

The bench expressed displeasure over the trend of filing of sedition cases just after senior advocate F S Nariman made opening submissions on behalf of Singh, saying 'the gentleman has served as the Additional Director General of Police (ADGP) and was acting as the Director of the Police Academy and now the proceedings under section 124A (sedition) of the IPC have been initiated against him'.

Fitch satisfied with overall macroeconomic situation: Mayaram

Fitch satisfied with overall macroeconomic situation: Mayaram

Rediff.com3 Feb 2014

The rating agency official did raise concern about the banks' non-performing assets.

The Rajapaksas You Did Not Know

The Rajapaksas You Did Not Know

Rediff.com7 Apr 2022

From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.

Over Rs 80,00,00,00,000 blackmoney brought under tax ambit: Centre to SC

Over Rs 80,00,00,00,000 blackmoney brought under tax ambit: Centre to SC

Rediff.com3 Oct 2016

About Rs 1,282 crore has been levied as tax in 159 cases pertaining to concealment of tax due to the government

Pegasus Project: Why I am hesitant to defend the government but must

Pegasus Project: Why I am hesitant to defend the government but must

Rediff.com22 Jul 2021

Snooping is one of the oldest peccadilloes of man, observes Ambassador M K Bhadrakumar.

FinMin wants cap on gas price, RIL to sell gas at $4.2

FinMin wants cap on gas price, RIL to sell gas at $4.2

Rediff.com10 Jul 2013

Days after the Cabinet approved doubling of natural gas price from April next year, the Finance Ministry has written to Oil Ministry suggesting setting of a ceiling or an upper limit for the rates.