News for 'Department of Economic Affairs'

We will contain damage on debit card breach: Jaitley

We will contain damage on debit card breach: Jaitley

Rediff.com21 Oct 2016

Promising swift action on the debit card data compromise issue, Economic Affairs Secretary Shaktikanta Das on Friday said there was no need to panic over the feared security breach that affected over 32 lakh cards.

4 trusted Gujarat babus to join Team Modi

4 trusted Gujarat babus to join Team Modi

Rediff.com2 Apr 2015

All the Gujarat cadre officers have one thing in common. They do not need Modi's 'informal interactions' and advice because they are from the so-called 'Modi school of governance.' They know Modi well enough to perform their assigned roles.

Reebok fraud case: ED begins money-laundering probe

Reebok fraud case: ED begins money-laundering probe

Rediff.com5 Nov 2012

The ED is also probing alleged violations of foreign exchange rules by the company since 2006.

CBDT shelves proposal to tax India-dedicated funds

CBDT shelves proposal to tax India-dedicated funds

Rediff.com18 Jan 2017

CBDT circular issued last month had raised multiple taxation concerns.

US applauds India as a 'force of good': Blinken

US applauds India as a 'force of good': Blinken

Rediff.com29 Jul 2021

India and the US also made a strong push for the intra-Afghan peace process to end violence in Afghanistan and ensure that it does not become home to terrorism, and vowed to deepen cooperation in the Indo-Pacific and on COVID-19 response and economic recovery.

Reebok India case: Corporate mismanagement led to scam

Reebok India case: Corporate mismanagement led to scam

Rediff.com24 Sep 2012

Sources say bills were inflated by the company and not recorded correctly.

India is in a financial mess

India is in a financial mess

Rediff.com19 Aug 2020

'In a serious fiscal situation like this, an ostrich-like focus on annual budgeting, event management and defensive rhetoric will only make matters worse,' warns Rathin Roy.

Defence ministry report ignores Ladakh stand-off

Defence ministry report ignores Ladakh stand-off

Rediff.com14 Jan 2022

The ministry's year-end review is silent on the continued occupation by Chinese troops of territory that India has always claimed and patrolled.

MPs raised issues over Jet-Etihad deal with PMO

MPs raised issues over Jet-Etihad deal with PMO

Rediff.com3 Jul 2013

Members of Parliament (MPs) across the political spectrum have written to the Prime Minister's Office (PMO) and the Central Vigilance Commission (CVC), seeking a probe into a stake sale deal between Jet Airways (India) Ltd and Gulf-based carrier Etihad Airways.

26/11 attack mastermind Lakhvi gets 5-year jail term in terror financing case

26/11 attack mastermind Lakhvi gets 5-year jail term in terror financing case

Rediff.com8 Jan 2021

United Nations proscribed terrorist Lakhvi, 61, who was on bail since 2015 in the Mumbai attack case, was arrested by the Counter-Terrorism Department of Punjab province on Saturday.

UN lowers India growth forecast to 4.8% for 2013

UN lowers India growth forecast to 4.8% for 2013

Rediff.com19 Dec 2013

India's economy is forecast to grow at 4.8 per cent in 2013, down 1.3 per cent from its earlier projection, the UN's World Economic Situation and Prospects 2014 report said.

UPA's new year gift: FDI in Railways

UPA's new year gift: FDI in Railways

Rediff.com30 Dec 2013

DIPP had proposed 100% FDI in Railways, which it had to now scale down to 74% in certain areas

Tax ambiguity clouds new financial sector initiatives

Tax ambiguity clouds new financial sector initiatives

Rediff.com4 Nov 2015

Instruments such as Reits, InvITs, unsponsored GDR, GIFT find few takers.

Note ban objective was to squeeze out cash: Jaitley

Note ban objective was to squeeze out cash: Jaitley

Rediff.com30 Aug 2017

Jaitley said note ban has compelled people to deposit money into bank accounts.

Jaitley explains why RBI rate cut will benefit the economy

Jaitley explains why RBI rate cut will benefit the economy

Rediff.com18 Nov 2014

Delivering the key mote address at the Citi's Investor Summit, Jaitley hoped that as a professional organisation the Reserve Bank will take 'the best decision'.

Questions that linger over CDS Rawat

Questions that linger over CDS Rawat

Rediff.com2 Jan 2020

'Is the appointment of a CDS likely to achieve the creation of battle-ready, tri-service military commands, from the current 17 single-service commands?', asks Ajai Shukla.

Trump, Melania to visit India on Feb 24-25

Trump, Melania to visit India on Feb 24-25

Rediff.com11 Feb 2020

The president and First Lady Melania Trump will travel to New Delhi and Ahmedabad during the visit.

US may be banning TikTok, says Trump

US may be banning TikTok, says Trump

Rediff.com1 Aug 2020

India has banned as many as 106 Chinese apps, including TikTok, a move welcomed by both the Trump administration and the US lawmakers.

US, Asia must fight meltdown together: McCormick

US, Asia must fight meltdown together: McCormick

Rediff.com17 Dec 2008

David H McCormick, under secretary for international affairs at the US Department of Treasury, said on Tuesday that in an era of global trade and investment both the US and Asia need each other to maintain strong economic growth. McCormick was speaking at the Asia Society on 'US-Asia Economic Relations -- the Next Chapter,'.

Govt to borrow Rs 2.35 lakh cr in second half of this fiscal

Govt to borrow Rs 2.35 lakh cr in second half of this fiscal

Rediff.com23 Sep 2013

In the first half of the fiscal year, government had borrowed Rs 3.44 lakh crore.

Pak's support for terror groups obstacle in talks with India: US

Pak's support for terror groups obstacle in talks with India: US

Rediff.com22 Oct 2019

The United States has said it supports a direct dialogue between India and Pakistan as outlined in the Shimla Agreement

Is India investing enough in infrastructure?

Is India investing enough in infrastructure?

Rediff.com17 Apr 2017

Yes. Whilst public expenditure is kicking in, the key reason is the decline in private investment

What Every Indian Must Know About PM-CARES

What Every Indian Must Know About PM-CARES

Rediff.com5 Oct 2021

Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.

Online gold trading will soon be a reality

Online gold trading will soon be a reality

Rediff.com6 Feb 2018

BSE proposes two models for making gold trading and investment transparent

Ministries can now clear projects up to Rs 1,000 cr

Ministries can now clear projects up to Rs 1,000 cr

Rediff.com12 Sep 2014

Earlier, an inter-ministerial group used to take these decisions.

China Connection and India-US Ties

China Connection and India-US Ties

Rediff.com2 Feb 2021

'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.

Telecom fares poorly on the FDI front

Telecom fares poorly on the FDI front

Rediff.com15 Jan 2014

Since August 2013, FIPB has approved two FDI proposals in the telecom sector.

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.

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.

Biden appoints an all-women communications team

Biden appoints an all-women communications team

Rediff.com30 Nov 2020

US President-elect Biden has a history of advocating on behalf of women in the US and around the world and the new team announcement is a continuation of that work.

PLA Unrest: Why Xi Is Worried

PLA Unrest: Why Xi Is Worried

Rediff.com22 Sep 2021

Protests at this time when efforts are underway to strengthen the PLA and keep morale high would be worrying for the military leadership, observes Jayadeva Ranade, the retired senior RA&W officer and distinguished China expert.

FDI in defence: Investment of up to 49% may be allowed without tech transfer

FDI in defence: Investment of up to 49% may be allowed without tech transfer

Rediff.com4 Jun 2014

FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.

Bitter pill for India's sugar market

Bitter pill for India's sugar market

Rediff.com2 Aug 2018

UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season

How the United States views India

How the United States views India

Rediff.com15 Nov 2011

Calling India a 'growing world power', the United States has said that the country, which aspires to become a permanent member of the UNSC, remains a leader of developing nations and the Non-Aligned Movement in the post-Cold War era.

How India can boost infrastructure projects

How India can boost infrastructure projects

Rediff.com12 Jul 2016

To attract capital into infrastructure projects, the ratings system needs a fresh look.

Top US diplomat to visit India next week

Top US diplomat to visit India next week

Rediff.com1 Mar 2014

Assistant Secretary for South and Central Asian Affairs Nisha Biswal will travel to Bangalore and New Delhi from March 4 to 6

Govt not averse to giving Rajan a second term

Govt not averse to giving Rajan a second term

Rediff.com10 May 2016

There is also a lobby within the bureaucracy that wants to see Rajan's influence curtailed

Buying MFs through e-wallets to get Sebi nod

Buying MFs through e-wallets to get Sebi nod

Rediff.com16 Jan 2017

The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.

Corporate espionage: CBI arrests Mumbai-based CA, 2 govt officials

Corporate espionage: CBI arrests Mumbai-based CA, 2 govt officials

Rediff.com13 Mar 2015

The Central Bureau of Investigation on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries in New Delhi and in Mumbai.

Govt report card shows slow start to key projects

Govt report card shows slow start to key projects

Rediff.com3 Mar 2015

The 'Smart Cities' project is one that has faced many hurdles.