News for 'Department of Economic Affairs'

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.

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.

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.

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.

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.

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.

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.

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.

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'.

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.

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

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.

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.

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'

Tata's offer for DoCoMo buy-back gets RBI nod

Tata's offer for DoCoMo buy-back gets RBI nod

Rediff.com14 Jan 2015

The total valuation of Tata Teleservices, according to the valuer, was only Rs 11,000 crore (Rs 110 billion), against the pre-agreed valuation of Rs 27,000 crore (Rs 270 billion).

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.

'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.'

'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.'

Modi govt's puzzling divestment strategy

Modi govt's puzzling divestment strategy

Rediff.com18 Apr 2016

Doubts over implementation of a Cabinet-approved strategic sale policy are puzzling.

Modi govt has been slow to match its rhetoric in reforms: US

Modi govt has been slow to match its rhetoric in reforms: US

Rediff.com6 Jul 2016

US State Department's report said that this has resulted in many investors retreating slightly from their once forward-leaning support of the BJP-led government

Foreign missions seek lifting cap on cash withdrawal

Foreign missions seek lifting cap on cash withdrawal

Rediff.com8 Dec 2016

Citizens of many countries including Iran, Sudan and Cuba, who come in large numbers to India are facing severe problems as they do not have international credit cards

Halt austerity, avoid recession: UN to rich nations

Halt austerity, avoid recession: UN to rich nations

Rediff.com2 Dec 2011

While growth in India and China is likely to remain robust, the rest of the world risks falling back into recession if developed countries embark prematurely on fiscal austerity measures, says a United Nations report, released in New York on Thursday.

Chidambaram mocks Modi govt's sudden love for Moody's

Chidambaram mocks Modi govt's sudden love for Moody's

Rediff.com18 Nov 2017

The senior Congress leader also said over 90 per cent of jobs are in the SME sector which requires an urgent push to boost the economy.

Jet-Etihad deal: Finmin raises questions on effective control

Jet-Etihad deal: Finmin raises questions on effective control

Rediff.com10 Jul 2013

While the FIPB has sought more transparency on whether the rules concerning effective control would be followed once the deal fructifies, the Finance Ministry has also written to Sebi for a report on the Jet-Etihad deal, official sources said Wednesday.

Modi's 5-year vision: What's it all about

Modi's 5-year vision: What's it all about

Rediff.com13 Jan 2020

Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.

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'.

Centre introduces ease of living index in 114 cities

Centre introduces ease of living index in 114 cities

Rediff.com8 Feb 2020

Launched by the ministry of housing and urban affairs, the ease of living index (EoLI) is aimed at providing a holistic view of the country's cities. These will be done on parameters like services provided by local bodies, effectiveness of the administration, outcomes generated through those services in terms of liveability and citizens' perception of the outcomes.

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.

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.

Air India seeks government approval for Rs 200 crore asset sale

Air India seeks government approval for Rs 200 crore asset sale

Rediff.com26 Apr 2015

Air India is awaiting the Union civil aviation ministry's nod to sell its properties in Mumbai and Chennai

Will Jaitley present his 6th full Budget next year?

Will Jaitley present his 6th full Budget next year?

Rediff.com6 Dec 2018

A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will most likely present a full Budget on February 1, 2019.

PM leaves for Tashkent to secure India's place in SCO; will lobby for NSG membership

PM leaves for Tashkent to secure India's place in SCO; will lobby for NSG membership

Rediff.com23 Jun 2016

In the two-day summit, the SCO will kick off the process of India's accession to the grouping as a full-fledged member along with Pakistan.

Panel suggestions likely to lessen farmers' woes

Panel suggestions likely to lessen farmers' woes

Rediff.com24 Apr 2018

Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.

Who will bell the Ponzi schemes?

Who will bell the Ponzi schemes?

Rediff.com16 Nov 2015

Even Delhi does not have a full-time registrar of chits.

'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.

No policy change on Kashmir, urge India-Pak to maintain calm: US

No policy change on Kashmir, urge India-Pak to maintain calm: US

Rediff.com9 Aug 2019

The US said that it supports dialogue between India and Pakistan over Kashmir.

7 ways India can improve its investment climate

7 ways India can improve its investment climate

Rediff.com13 Nov 2019

'From the investor's point of view, a real change would happen only when business environment in all our states qualitatively improves,' says NITI Aayog Vice-Chairman Rajiv Kumar.

Divestment in IOC gets Cabinet nod

Divestment in IOC gets Cabinet nod

Rediff.com2 Aug 2013

The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.

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.