News for 'Department of Economic Affairs'

Chidambaram conspired with son, says CBI charge sheet

Chidambaram conspired with son, says CBI charge sheet

Rediff.com19 Oct 2019

The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.

Biden on course to mend fences with China

Biden on course to mend fences with China

Rediff.com12 Feb 2021

'Chinese experts estimate that the new US administration is 'at the crossroads of how to re-manage and control' Sino-American differences and strategic divergences and Biden's bottom line is that the US would have 'extreme competition with China, but won't allow competition to develop into conflict',' notes Ambassador M K Bhadrakumar.

What can we next expect from Xi?

What can we next expect from Xi?

Rediff.com1 Mar 2021

It will be interesting to see whether India-China border tensions figure during the deliberations of PLA deputies to the NPC and CPPCC, notes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.

Modi, team to start pre-Budget consultations next week

Modi, team to start pre-Budget consultations next week

Rediff.com14 Dec 2019

In the 2020-21 Budget, the prime minister and the finance minister are keen to stamp their narrative, after various rollbacks following the previous Budget, said top government sources. Besides the scheduled meetings, the sources said, the Prime Minister's Office is expected to hold several meetings with top secretaries and officials on various ongoing schemes, their performance and also how some of them could be tweaked for better results.

Rate-cut hopes drive markets higher; bluechips gain

Rate-cut hopes drive markets higher; bluechips gain

Rediff.com15 May 2015

Benchmark indices finished higher on hopes of economic reforms

Stability returns to North Block

Stability returns to North Block

Rediff.com7 Oct 2013

The rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.

I carry my Indianness with me: Shashi Tharoor

I carry my Indianness with me: Shashi Tharoor

Rediff.com4 Feb 2003

‘I have lived in Switzerland without feeling Swiss, I have lived in Singapore without feeling Singaporean,’ he told an Australian daily

Modi meets Suu Kyi, Vietnamese PM; discusses bilateral, regional issues

Modi meets Suu Kyi, Vietnamese PM; discusses bilateral, regional issues

Rediff.com25 Jan 2018

The PM held bilateral meetings with three ASEAN leaders, including his Vietnamese counterpart Nguyen Xuan Phuc and Myanmar's State Counsellor Aung San Suu Kyi, and discussed key bilateral and regional issues.

Prices of tomatoes, onions and potatoes to remain benign

Prices of tomatoes, onions and potatoes to remain benign

Rediff.com24 Aug 2021

Several experts are of the view that inflationary pressure, including that in food items, may build from October with economic activity gathering steam. However, the price movement in three key items of tomato, onions and potatoes, commonly known as TOP, may give some solace in the months to come. Traders and market watchers said the price movement in all the three will remain within the band sans any unusual spikes.

Massive IT project for Hyderabad fuels Telangana doubts

Massive IT project for Hyderabad fuels Telangana doubts

Rediff.com20 Sep 2013

Taking the supporters of Telangana supporters by surprise the Union government has given its nod to the ambitious Information Technology Investment Region proposal for Hyderabad which envisions an investment of Rs 2.19 lakh crore in and around the city over the next 25 years.

Indian govt's some actions inconsistent with democratic values: Top US official

Indian govt's some actions inconsistent with democratic values: Top US official

Rediff.com12 Jun 2021

'This includes increasing restrictions on freedom of expression and the detention of human rights activists and journalists'

China's 'gross aggression' against neighbours a matter of concern: US

China's 'gross aggression' against neighbours a matter of concern: US

Rediff.com7 Oct 2020

'They talk about their 2021 centenary goal, their 2035 goal, and their 2049 goal. They're accelerating. There's also been this unfortunately bashing of nationalism inside the People's Republic of China by the government'

Experts caution govt on trade deals with US

Experts caution govt on trade deals with US

Rediff.com29 Jul 2020

Existing trade deals, especially the 2009 pact with the Asean bloc, have been panned by the Centre for not boosting exports but flooding the domestic market with cheap imports. Subsequently, New Delhi has called for reviewing FTAs with Japan and South Korea. Going by that, a trade deal with the US is unlikely to be beneficial, say experts.

Defence and foreign policy, not trade, on agenda for 2+2 dialogue

Defence and foreign policy, not trade, on agenda for 2+2 dialogue

Rediff.com5 Sep 2018

The issues around trade gaps, especially around steel and aluminium tariffs imposed by the US, will be addressed separately.

US Is Back In Business In Afghanistan

US Is Back In Business In Afghanistan

Rediff.com13 Oct 2021

Russia and China are tight-fisted and Iran is broke and none of them has the political will or capacity to bankroll the Afghan economy, which only the US can, points out Ambassador M K Bhadrakumar.

Commerce minister: 'There is no panic'

Commerce minister: 'There is no panic'

Rediff.com20 Nov 2016

'People are willing to face temporary inconvenience as they are determined to support PM Modi's crackdown on black money,' Commerce Minister Nirmala Sitharaman tells Archis Mohan.

World economy may shrink 2.6% in 2009: UN

World economy may shrink 2.6% in 2009: UN

Rediff.com28 May 2009

In January, the UN had forecast that the world economy would shrink 0.5 per cent this year. The report predicted that with a coordinated, development-oriented policy scenario, the world economy would recover to an annual growth of 4-5 per cent in 2010-2015, led by a robust growth of 7 per cent a year in developing nations.

How Vajpayee made India a nuclear superpower

How Vajpayee made India a nuclear superpower

Rediff.com24 Dec 2020

Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.

Lack of agri investment led to food crisis: UN

Lack of agri investment led to food crisis: UN

Rediff.com7 May 2008

Senior United Nations experts have said that lack of investment in agriculture over a long period of time and the use of precious natural resources for bio-fuel production have also contributed to the current food crisis. The use of crops for bio-fuel production had also contributed to the worldwide rise in food prices, since it meant that a part of our natural resources had to be diverted away from the production of food crops. The experts were talking in a conference in NY.

Reliance to conclude Aramco deal this year: Ambani

Reliance to conclude Aramco deal this year: Ambani

Rediff.com24 Jun 2021

Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15 billion deal. Reliance chairman and Asia's richest man Mukesh Ambani, who had two years back disclosed the talks to sell a 20 per cent stake in the company's oil-to-chemical unit to Saudi Aramco, announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders. Harvard educated Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed a desire to retire, Ambani said. On the sale of a 20 per cent stake in the O2C business, he said the deal is likely to conclude this year.

'Make in India' Facebook page adds 1 member every 3 seconds

'Make in India' Facebook page adds 1 member every 3 seconds

Rediff.com4 Jan 2015

Make in India has seen an overwhelming response on its digital platforms like Facebook and Twitter since its launch just 3 months ago.

How RBI can prevent PNB-like frauds

How RBI can prevent PNB-like frauds

Rediff.com15 Mar 2018

'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.

Quad nations vow better cooperation to check Chinese influence

Quad nations vow better cooperation to check Chinese influence

Rediff.com6 Oct 2020

In his opening remarks at a ministerial meeting in Tokyo of the Quadrilateral coalition, also known as 'Quad', External Affairs Minister S Jaishankar said India remained committed to a rules-based world order, respect for territorial integrity and sovereignty, and peaceful resolution of disputes.

COVID-19: Every life counts

COVID-19: Every life counts

Rediff.com21 Apr 2020

The benefits of modern medicine have led people to demand more from the State, and to value every life. Even a modest death toll caused by an epidemic today is unacceptable, says Dipankar Gupta.

Trade, defence, religious freedom to figure in Modi-Trump talks today

Trade, defence, religious freedom to figure in Modi-Trump talks today

Rediff.com25 Feb 2020

Tuesday's talks between Modi and Trump are likely to send across a clear message of growing congruence of interests between India and the US on major geopolitical developments in the region and beyond, particularly when China has been expanding its military and economic clout.

Lame duck Pompeo wants to shape US foreign policy

Lame duck Pompeo wants to shape US foreign policy

Rediff.com14 Nov 2020

China remains the elephant in the room and has to be tamed, which the United States alone is unable to do and therefore calls allies to come on board.

China's parliament approves controversial Hong Kong security bill

China's parliament approves controversial Hong Kong security bill

Rediff.com28 May 2020

The new law permits for the first time Chinese security agencies to open their establishments and operate in Hong Kong.

FinMin not stamping postal bank plan

FinMin not stamping postal bank plan

Rediff.com7 Apr 2014

Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.

Nisha Biswal to visit India to lay ground work for Obama trip

Nisha Biswal to visit India to lay ground work for Obama trip

Rediff.com22 Nov 2014

Just hours after the White House confirmed that United States President Barack Obama would be travelling to India in January, the State Department on Friday announced that it will send a top diplomat to India next week to lay the ground work for the historic presidential visit.

Why India must protest China's Hong Kong policy

Why India must protest China's Hong Kong policy

Rediff.com30 May 2020

'India need to look beyond the economic prism.' 'China had no qualms in taking the Kashmir issue to the UN Security Council last year -- not once, but thrice -- thus violating Indian sensitivities,' observes China expert Srikanth Kondapalli.

India pushing Iran to accept Rs for oil imports

India pushing Iran to accept Rs for oil imports

Rediff.com1 Oct 2013

Keeps open the option to make payments in yen or yuan in the face of sanctions

US On Diplomacy Road With Taliban?

US On Diplomacy Road With Taliban?

Rediff.com29 Sep 2021

There is growing acceptance of the idea in the international community that engaging the Taliban government is a far better approach than ostracising it, observes Ambassador M K Bhadrakumar.

Drones: Bleeding India Without War

Drones: Bleeding India Without War

Rediff.com28 Jun 2021

Unless each attack drone can be neutralised, India will be literally deploying elephants to stamp out ants -- and the ants may still survive! points out N Sathiya Moorthy.

'Modicare' likely to be launched on Aug 15 or Oct 2, to cost Rs 12,000cr pa

'Modicare' likely to be launched on Aug 15 or Oct 2, to cost Rs 12,000cr pa

Rediff.com2 Feb 2018

All the poor people identified by the Socio Economic and Caste Census 2011 will be eligible for the scheme, officials said, adding that it will be linked to Aadhar but will not be a mandatory condition for availing the benefit.

Oscar Fernandes vows increased outreach to NRIs

Oscar Fernandes vows increased outreach to NRIs

Rediff.com21 Nov 2005

Efforts will also be directed at creating a conducive environment for NRIs intending to reconnect to their heritage, Fernandes added.

Divestment plan faces many red lights

Divestment plan faces many red lights

Rediff.com11 Apr 2016

Govt bosses in no hurry to exit from PSUs; many agencies, long process likely hurdles.

Infosys faces NITI Aayog CEO's ire for MCA portal glitches

Infosys faces NITI Aayog CEO's ire for MCA portal glitches

Rediff.com24 Apr 2016

Company says faults, which were noticed soon after system upgrade on March 27, have been rectified

'India has to catch a train that left 25 years ago'

'India has to catch a train that left 25 years ago'

Rediff.com2 May 2017

'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'

Thaw in icy ties? Senior US official meets Indian envoy

Thaw in icy ties? Senior US official meets Indian envoy

Rediff.com15 Jan 2014

India and the United States have affirmed their shared commitment to continue their work on a broad range of bilateral issues and move forward post the Devyani episode.

Demonetisation: Who knew, who didn't

Demonetisation: Who knew, who didn't

Rediff.com22 Nov 2016

'A bit of foresight would have helped.' 'Isn't it common sense that this is sowing and wedding season?' 'The plan is indeed unquestionably revolutionary, but better preparedness could have avoided such teething troubles.'