News for 'Department of Economic Affairs'

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.

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.

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.

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.

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.

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.

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.

'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.

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.

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.

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.

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.

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.

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.

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

'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.

Biden's 'mild shock' to Modi

Biden's 'mild shock' to Modi

Rediff.com29 Apr 2021

The trust some people in India had that the Biden-Harris administration would be friendly to India has been eroded already, observes Ambassador T P Sreenivasan.

How DMK's Bharat Mata temple flummoxed the BJP

How DMK's Bharat Mata temple flummoxed the BJP

Rediff.com6 Aug 2021

Chief Minister Stalin seems to have drawn a line between his personal beliefs and those of others in the family, beginning with wife Durga Stalin, observes N Sathiya Moorthy.

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.

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

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.

'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.'

Fully uphold rights of minorities, vulnerable people: US to India

Fully uphold rights of minorities, vulnerable people: US to India

Rediff.com22 Oct 2019

India is the birthplace of four major world religions -- Hinduism, Sikhism, Buddhism, and Jainism. It is home to the world's third largest Muslim population, a diverse community of sects that includes Sufis, Shia, and Bohra. Roughly three per cent of India's citizens are Christian, and notably, Christians are the religious majority in three of India's 29 states, she said.

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.

Have minimised COVID-19 spread, cut transmission: Govt

Have minimised COVID-19 spread, cut transmission: Govt

Rediff.com23 Apr 2020

While asserting that the growth of coronavirus cases in the country has been more or less linear and not exponential, it also said testing has been ramped up consistently.

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.'

PM Modi to visit Russia on Wednesday, talks on nuclear energy on agenda

PM Modi to visit Russia on Wednesday, talks on nuclear energy on agenda

Rediff.com23 Dec 2015

The Summit would begin on the second day with the prime minister interacting with Russian and Indian CEOs.

Key posts vacant at Centre, few takers

Key posts vacant at Centre, few takers

Rediff.com13 Jun 2016

In 2016, the Centre has been able to get only seven IAS officers from all states so far.

Davos: PM to meet 100 CEOs; FM to skip WEF

Davos: PM to meet 100 CEOs; FM to skip WEF

Rediff.com21 Jan 2018

Budget forces last minute change in finance minister's plans.

US lawmakers seek fair treatment for detained Indian students

US lawmakers seek fair treatment for detained Indian students

Rediff.com7 Feb 2019

Immigration attorneys claimed that they knew nothing about the varsity's illegal operation and were trapped.

Govt's stake sale plans set for a Diwali boost

Govt's stake sale plans set for a Diwali boost

Rediff.com24 Jul 2014

The government's disinvestment programme is set to get a boost this Diwali, with the finance ministry planning to hit the market to sell a five per cent stake in Steel Authority of India Ltd (SAIL) by October.

India, Vietnam sign nuclear-pact, 3 other agreements

India, Vietnam sign nuclear-pact, 3 other agreements

Rediff.com9 Dec 2016

The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.

Modi Hai to Vishvas Hai!

Modi Hai to Vishvas Hai!

Rediff.com19 Nov 2021

Modi is seen as exceptional not only on account of his acts but also owing to his style. He appears to sacrifice his life for the people -- like a fakir, a figure he came to epitomize even more in 2020 by growing a long white beard. Charisma is above accountability, and Modi has grasped these dynamics.

DCA to probe RIL on fraud charge

DCA to probe RIL on fraud charge

Rediff.com11 Jun 2003

The government has asked the Department of Company Affairs to make a detailed examination of allegations of economic frauds raised by Janata Party leader Subramanian Swamy against the Reliance group of industries.\n\n\n\n

Pompeo coming to India with American goodies

Pompeo coming to India with American goodies

Rediff.com14 Jun 2019

So, how does Pompeo's check list look like? In a broad sense, he is coming here 'to make sure that we have economic openness'; to ensure that 'we have to deliver'; to understand that 'we have to execute' what we promised to do; and, to 'broach some tough topics', points out Ambassador M K Bhadrakumar.

Indian cos bear brunt of H1B visa denial, shows study

Indian cos bear brunt of H1B visa denial, shows study

Rediff.com5 Mar 2020

While the denial rate has dropped slightly to 21 per cent in 2019 from 24 per cent in 2018, the National Foundation for American Policy has said it is much higher for Indian IT companies like Tata Consultancy Services (TCS) and Wipro and very low for American companies like Amazon and Google. For instance, the denial rate for TCS and Infosys in 2019 was 31 per cent and 35 per cent respectively, whereas for Wipro it was 47 per cent and 37 per cent for Tech Mahindra. On the other hand, the denial rate for the new H-1B petitions in 2019 was just four per cent each for Amazon and Google. The denial rate for Microsoft during the same period was six per cent, and Facebook along with Walmart was just three per cent each.

How will Biden deal with China?

How will Biden deal with China?

Rediff.com24 Aug 2020

It is premature to make the assumption that Biden's policy toward China will not be a break with Trump, observes Ambassador M K Bhadrakumar.

Pranab heads for Russia; to attend Victory Day celebrations

Pranab heads for Russia; to attend Victory Day celebrations

Rediff.com7 May 2015

During the trip, Mukherjee will hold bilateral talks with Russian President Vladimir Putin on civil nuclear cooperation, defence ties and partnership in higher education.

The US Nexus: India Must be Careful

The US Nexus: India Must be Careful

Rediff.com27 Oct 2020

Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.