News for 'Department of Economic Affairs'

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.

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.

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.

India to surpass China's population by 2022

India to surpass China's population by 2022

Rediff.com30 Jul 2015

India will surpass China to become the most populous nation in the world by 2022, six years sooner than previously forecast, and the country is projected to retain the top spot till 2100, the UN has said.

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 seeks clarification from India on Ford Foundation, Greenpeace issue

US seeks clarification from India on Ford Foundation, Greenpeace issue

Rediff.com25 Apr 2015

The United States on Friday expressed concern over India's crackdown on Ford Foundation and Greenpeace, and said it is seeking "clarification" on the action.

Honoured to be appointed by PM to NITI Aayog: Panagariya

Honoured to be appointed by PM to NITI Aayog: Panagariya

Rediff.com6 Jan 2015

Indian-American economist Arvind Panagariya has said that he is "honoured" to be appointed by Prime Minister Narendra Modi as the first Vice Chairman of the newly created NITI Aayog, which replaces the 65-year-old Planning Commission.

Sebi promises speedier actions with greater powers

Sebi promises speedier actions with greater powers

Rediff.com28 May 2013

The capital markets watchdog has asked the government to empower it to carry out search and seizure operations, to attach properties and to ask for information and records for all relevant entities.

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.

How babus battle over holidays

How babus battle over holidays

Rediff.com11 Apr 2015

Indian officialdom enjoys well over a week of Sundays every month

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.

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.

FDI in retail may not be allowed, hints Nirmala

FDI in retail may not be allowed, hints Nirmala

Rediff.com27 May 2014

The BJP-led government may not permit foreign retailers to open mega stores in the country as such a move may adversely impact small traders and farmers, new Commerce and Industry Minister Nirmala Sitharaman indicated.

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.

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.

No change on gas price hike decision: Moily

No change on gas price hike decision: Moily

Rediff.com11 Jul 2013

Amidst Finance Ministry raising prospects of forcing Reliance Industries to sell gas at old price of $4.2, Oil Minister M Veerapa Moily on Thursday said there was no rethinking in the government on the decision to double gas rates from April 1, 2014.

Modi keen to take lessons from Malaysia on reforms

Modi keen to take lessons from Malaysia on reforms

Rediff.com13 Nov 2014

As part of his endeavour to constantly evaluate the performance of his government, Prime Minister Narendra Modi is taking a cue from the Malaysian model, calling it an "excellent example".

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.

Beware of Chinese propaganda!

Beware of Chinese propaganda!

Rediff.com11 Jan 2019

China has been trying to build lobbies of influence and mould public opinion in India since at least 2017, and large sums have been invested in the effort, reveals former RA&W officer Jayadeva Ranade.

At G20 meet, PM will sell India as a hot investment destination

At G20 meet, PM will sell India as a hot investment destination

Rediff.com29 Nov 2018

The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.

PM Modi has a jam-packed schedule in Singapore

PM Modi has a jam-packed schedule in Singapore

Rediff.com13 Nov 2018

Modi will have a number of high-profile multilateral and bilateral meetings with global leaders including United States Vice President Mike Pence and Singapore premier Lee Hsein Loong.

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.

Need India to be a net security provider in Indo-Pacific: Trump admin

Need India to be a net security provider in Indo-Pacific: Trump admin

Rediff.com7 Sep 2017

The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.

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.

PM poses with Merkel at Brandenburg Gate before leaving Berlin

PM poses with Merkel at Brandenburg Gate before leaving Berlin

Rediff.com30 May 2017

The Gate has now come to represent German unity and freedom since the end of the Cold War and divided country.

Why are global retailers in wait-and-watch mode for India?

Why are global retailers in wait-and-watch mode for India?

Rediff.com24 Mar 2014

The Indian government has simplified FDI policy inorder to attract global retail chains.

India's growth to reach 6.3 per cent in 2016: UN report

India's growth to reach 6.3 per cent in 2016: UN report

Rediff.com19 Jan 2015

India will see a gradual growth acceleration with its GDP expected to reach 5.9 per cent this year.

Can Doval change defence planning in India?

Can Doval change defence planning in India?

Rediff.com22 Apr 2018

'Defence does not new 'planning commissions'; it needs an implementation commission.'

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.

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.

Govt releases guidelines for lockdown 2.0

Govt releases guidelines for lockdown 2.0

Rediff.com15 Apr 2020

Fresh guidelines were issued by the government on Wednesday for enforcing the second phase of the coronavirus lockdown, with the Union home ministry barring all kinds of public transport and prohibiting opening of public places during this period.

India records largest reduction in poverty in 10 yrs, says UN report

India records largest reduction in poverty in 10 yrs, says UN report

Rediff.com17 Jul 2020

The data, released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI), shows that 65 out of 75 countries studied significantly reduced their multidimensional poverty levels between 2000 and 2019.

RBI sees retail inflation falling below 4% by mid-FY21

RBI sees retail inflation falling below 4% by mid-FY21

Rediff.com17 Apr 2020

RBI Governor Shaktikanta Das on Friday said that inflation is on a declining trajectory, as it has fallen by 170 basis points from its January 2020 peak. Retail inflation fell to four-month low of 5.91 per cent in March over the previous month, mainly due to easing food prices.

Will go by national interest: Jaishankar to Pompeo on S-400

Will go by national interest: Jaishankar to Pompeo on S-400

Rediff.com26 Jun 2019

"We have many relationships...they have a history. We will do what is in our national interest and part of that strategic partnership is the ability of each country to comprehend and appreciate the national interest of the other," Jaishankar said.

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.

US IT cos seek action on discriminatory Indian policies

US IT cos seek action on discriminatory Indian policies

Rediff.com25 Sep 2013

The American influential IT and telecom industry sought intervention of the Obama Administration against what they alleged are "discriminatory" Indian policies, which they claimed has resulted in several hundred millions of dollars of losses in the last quarter.

India needn't match China bullet for bullet

India needn't match China bullet for bullet

Rediff.com16 Oct 2020

All that India must aim for is to match China's military prowess adjusted to equal Beijing's India-specific military capability, argues Vivek Gumaste.

Things you must know about the Land Acquisition Bill

Things you must know about the Land Acquisition Bill

Rediff.com9 Sep 2013

The definition of affected family includes farm labourers, tenants, sharecroppers and workers in the area for three years prior to acquisition.

How Economy Stalled Under Manmohan & Modi

How Economy Stalled Under Manmohan & Modi

Rediff.com11 Jul 2019

The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.

WTO talks on ITA-II collapse, India heaves sigh of relief

WTO talks on ITA-II collapse, India heaves sigh of relief

Rediff.com14 Dec 2014

India has been opposing the pact as ITA will only benefit the country when its domestic manufacturing is robust.