News for 'Department of Economic Affairs'

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.

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.

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'

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

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.

'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.'

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.

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.

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.

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.

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.

Govt to consider all views on gas price hike: FM

Govt to consider all views on gas price hike: FM

Rediff.com13 Jun 2013

The Oil Ministry has proposed raising natural gas prices by at least 60 per cent, a move that will result in rise in urea as well as power costs.

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.

India to record 7.9% growth this fiscal: UN

India to record 7.9% growth this fiscal: UN

Rediff.com27 May 2010

The United Nations has projected a growth of 7.9 per cent for India in the current fiscal as it hailed the country along with China for leading developing nations to recovery from the worst economic downturn since World War II.

The most powerful PMO in India's history

The most powerful PMO in India's history

Rediff.com10 Oct 2017

From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.

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.

'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.'

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.

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'.

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.

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.

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.

Desi diplomat to assist US secretary Nisha Desai Biswal

Desi diplomat to assist US secretary Nisha Desai Biswal

Rediff.com18 Nov 2013

Atul Keshap, a senior Indian American career diplomat and one of the rising stars in the United States foreign service, has been picked by Nisha Desai Biswal, the newly appointed assistant secretary of state for South and Central Asian affairs, to be her deputy.

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.

Union Budget 2016: Who are the 'Jaitley Babus'?

Union Budget 2016: Who are the 'Jaitley Babus'?

Rediff.com19 Feb 2016

Senior New Delhi-based journalist R Rajagopalan, who has been closely following the Union Budget preparations since 1977, lifts the veil off India's most secretive operation.

Winter session of Parliament may be scrapped

Winter session of Parliament may be scrapped

Rediff.com15 Oct 2020

Alternatively, the government may go in for a five-day session to blunt criticism that it was running away from debates.

Govt plans committee to check frauds in India

Govt plans committee to check frauds in India

Rediff.com30 Nov 2012

With an aim to safeguard the investors from possible frauds involving collective investment schemes, the government has proposed a high-level committee of members from Reserve Bank, Sebi, Corporate Affairs Ministry and Economic Office Wing of state police departments.

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.

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.

Economists in India: Endangered species?

Economists in India: Endangered species?

Rediff.com21 Jul 2016

The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.

BJP asks members to not use party's name in US prez poll

BJP asks members to not use party's name in US prez poll

Rediff.com10 Sep 2020

India and the US have "deep strategic relations" which have bipartisan support in the US and enjoys "overwhelming public support" in India.

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.

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.

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.

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.

5 proposals govt will discuss with RBI on November 19

5 proposals govt will discuss with RBI on November 19

Rediff.com12 Nov 2018

There is as yet no clarity on how the process of consulting with the RBI Governor, initiated under Section 7 of the RBI Act, would unfold in the coming days. The government is keen that its suggestions made in the public interest should be heeded by the central bank, says A K Bhattacharya.

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

'Bangladesh becoming East Pakistan again'

'Bangladesh becoming East Pakistan again'

Rediff.com28 Oct 2021

'Prime Minister Sheikh Hasina is sincere about maintaining religious harmony in the country.' 'But for mysterious reasons, it does not reach the grassroots activists of her party.'

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.