News for 'Department of Economic Services'

Chinese Premier Li Keqiang to step down in sweeping leadership change

Chinese Premier Li Keqiang to step down in sweeping leadership change

Rediff.com11 Mar 2022

Chinese Premier Li Keqiang, who is at the helm of managing the country's economy for a decade, said that he will be stepping down this year, setting in motion the once-in-a-decade sweeping leadership change in the Communist country.

Do we need so many income tax staffers?

Do we need so many income tax staffers?

Rediff.com11 Aug 2021

The preliminary processing of tax returns is already undertaken with the help of technology. There is now greater scope of using more technology to reduce the human interface even further, notes A K Bhattacharya.

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Rediff.com25 Dec 2019

The new board will have a leaner structure on functional lines headed by the chairman and four members - covering infrastructure, operations and business development, rolling stock, and finance.

Ahead of election, Trump imposes new curbs on H-1B visas

Ahead of election, Trump imposes new curbs on H-1B visas

Rediff.com7 Oct 2020

The Trump administration has announced new restrictions on H-1B non-immigrant visa programme which it said is aimed at protecting American workers, restoring integrity and to better guarantee that H-1B petitions are approved only for qualified beneficiaries and petitioners, a move which is likely to affect thousands of Indian IT professionals.

Indian-Americans taking over US, says Biden

Indian-Americans taking over US, says Biden

Rediff.com5 Mar 2021

Indian-Americans are taking over the country, United States President Joe Biden said on Thursday, referring to the high number of people from the community getting a place in his administration.

Modi, Blinken draw China ire for greeting Dalai Lama on birthday

Modi, Blinken draw China ire for greeting Dalai Lama on birthday

Rediff.com7 Jul 2022

Chinese foreign ministry spokesman Zhao Lijian told a media briefing that "the Indian side should fully recognise the anti-China separatist nature of the 14th Dalai Lama."

Economic issues key to Modi's US visit

Economic issues key to Modi's US visit

Rediff.com25 Sep 2014

'Political meetings will be a mere side show; the main show is economic investment and the business partnership. The success of Modi's US visit will be judged on the basis of India's ability to attract American investment and setting up of manufacturing in India to give jobs to millions,' says Colonel Anil A Athale (retd).

IPL: Desperate Delhi face must-win game vs Royals

IPL: Desperate Delhi face must-win game vs Royals

Rediff.com10 May 2022

Delhi Capitals need to win all their remaining three matches to keep their hopes alive of making it to the IPL 2022 play-offs.

Does Monsoon Impact Market Returns?

Does Monsoon Impact Market Returns?

Rediff.com6 May 2022

Many years during which monsoons were poor saw high returns, while normal or excess rainfall has also coincided with poor calendar year gains.

How Adani Saga Affects Indian Banks

How Adani Saga Affects Indian Banks

Rediff.com27 Feb 2023

While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much exposure to the entity, explains Tamal Bandyopadhyay.

Budget 2022: India Inc pitches for more reforms and tax stability

Budget 2022: India Inc pitches for more reforms and tax stability

Rediff.com16 Dec 2021

India Inc on Thursday pitched for continuation of reforms while ensuring tax and policy stability in the forthcoming Budget to prop up the economy hit hard by the COVID-19 pandemic. In the virtual pre-Budget consultation held with Finance Minister Nirmala Sitharaman, industry chambers said that government measures will help firmly entrench the nascent signs of recovery being currently seen in private investment. Capital expenditure by the government through enhanced infrastructure spending should in the meantime continue to support growth, CII president TV Narendran said.

What you will see at the Republic Day 2023 parade

What you will see at the Republic Day 2023 parade

Rediff.com25 Jan 2023

The Republic Day parade, which will begin at around 1030 am, will be a unique mix of the country's military prowess and cultural diversity, depicting the country's growing indigenous capabilities, Nari Shakti and emergence of a 'New India'.

What does 5G spectrum auction delay mean for India?

What does 5G spectrum auction delay mean for India?

Rediff.com29 Nov 2021

Discussing the prospect of more reform earlier this month, telecom minister Ashwini Vaishnaw announced a delay in the 5G spectrum auction. India's telecom sector regulation has to be benchmarked with the global best, he said. It's another matter that many countries have either introduced or are about to roll out 5G services that will enable cutting-edge tech in diverse areas. For India, too, it will mean a lot for healthcare, robotics and unleashing a new chapter in Digital India perhaps.

Why Aryan Khan's Case Must Worry Us All

Why Aryan Khan's Case Must Worry Us All

Rediff.com9 Jun 2022

Why did the department and his colleagues not stop this 'rogue' officer from implicating an innocent man while the entire nation was watching for weeks? The answer is they either approved, or disapproved and refused to intervene or they didn't care, notes Aakar Patel.

Prez to lead nation in celebrating R-Day; 6 Agniveers to take part in parade

Prez to lead nation in celebrating R-Day; 6 Agniveers to take part in parade

Rediff.com26 Jan 2023

President Droupadi Murmu will lead the nation in celebrating the Republic Day, and Egypt's President Abdel Fattah al-Sisi will be the chief guest at the ceremonial event.

IT: Provide relief from service tax and VAT double taxation

IT: Provide relief from service tax and VAT double taxation

Rediff.com24 Feb 2016

The industry employs about 10 million workforce.

A charitable way: NGO sponsors civil service aspirants from minority community

A charitable way: NGO sponsors civil service aspirants from minority community

Rediff.com15 Jul 2015

The Zakat Foundation of India runs welfare initiatives for the destitute and helps with the education of poor students. Upasna Pandey/ Rediff.com discover the origins of this organisation

Census unlikely to take place before 2024 Lok Sabha elections

Census unlikely to take place before 2024 Lok Sabha elections

Rediff.com16 Dec 2022

Although the Disaster Management Act for Covid containment measures, considered a hindrance in conducting the census, was withdrawn in March this year the Centre has not taken any further action on conducting the much-delayed population enumeration.

Janet Yellen becomes US' 1st woman treasury secretary

Janet Yellen becomes US' 1st woman treasury secretary

Rediff.com26 Jan 2021

Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.

EXPLAINED: What's this row over now-retired Bengal Chief Secretary

EXPLAINED: What's this row over now-retired Bengal Chief Secretary

Rediff.com1 Jun 2021

Following is the gist of the controversy over sudden transfer of West Bengal Chief Secretary Alapan Bandyopadhyay, who retired on Monday, to Delhi and related rules.

Indian-origin Rishi Sunak says he is running for British PM

Indian-origin Rishi Sunak says he is running for British PM

Rediff.com8 Jul 2022

Rishi Sunak, the former UK chancellor of the exchequer, on Friday formally launched his leadership bid to succeed Boris Johnson as the new Conservative Party leader and future British prime minister.

7 simple tips to cut expenses and save money

7 simple tips to cut expenses and save money

Rediff.com26 May 2020

Cut down on non-essential expenses like outside food, travel expenses.

The men behind Sitharaman's 2nd Budget

The men behind Sitharaman's 2nd Budget

Rediff.com30 Dec 2019

Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.

UK's PM-in-waiting Liz Truss remains committed to India ties

UK's PM-in-waiting Liz Truss remains committed to India ties

Rediff.com5 Sep 2022

Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.

US to invest $150 million to train H-1B One Workforce

US to invest $150 million to train H-1B One Workforce

Rediff.com25 Sep 2020

In sectors like IT, cybersecurity, advanced manufacturing, and transportation, the H-1B One Workforce grant programme would be used to upskill the present workforce and train a new generation of workers.

India's bond slump worse than others, issuance value down 10.1%

India's bond slump worse than others, issuance value down 10.1%

Rediff.com19 Apr 2022

Indian issuers are borrowing lesser through bonds compared to their global peers. The total value of bond issuances was down 10.1 per cent on a rolling 4-quarter basis in March 2022, compared to a similar period in March 2019, shows an analysis of data from tracker Refinitiv, a London Stock Exchange Group (LSEG) business. The four quarters ended March 2019 marked the last full financial year before the pandemic took hold.

There Is More To India Than Delhi Or Gujarat!

There Is More To India Than Delhi Or Gujarat!

Rediff.com2 Jun 2022

The Modi government has to embrace the history of Tamil conquests in South East Asia and stop obsessing about Babar/Humayun, argues Colonel Anil A Athale (retd).

'New Pak army chief won't want trouble with India for now'

'New Pak army chief won't want trouble with India for now'

Rediff.com1 Dec 2022

'The last thing he would want is new tensions with India.'

Burqa-clad suicide bomber kills 3 Chinese nationals at Karachi varsity

Burqa-clad suicide bomber kills 3 Chinese nationals at Karachi varsity

Rediff.com26 Apr 2022

Initial information from a reliable police source said that the two women killed in the blast were Chinese nationals and may have been the target of the blast.

UAE Prez Sheikh Khalifa bin Zayed dies, India declares state mourning

UAE Prez Sheikh Khalifa bin Zayed dies, India declares state mourning

Rediff.com13 May 2022

Since becoming the president of the UAE, Sheikh Khalifa has presided over a major restructuring of both the Federal Government and the government of Abu Dhabi.

RBI okays transfer of Rs 99,122 cr surplus to govt

RBI okays transfer of Rs 99,122 cr surplus to govt

Rediff.com21 May 2021

The Reserve Bank on Friday approved the transfer of Rs 99,122 crore as surplus to the central government for the accounting period of nine months ended March 31.

Girish Chandra Murmu assumes office as CAG

Girish Chandra Murmu assumes office as CAG

Rediff.com8 Aug 2020

Murmu made and subscribed to the oath of office before President Ram Nath Kovind, according to a Rashtrapati Bhavan statement.

CBDT chargesheets 3 senior IRS officers over tax hike report

CBDT chargesheets 3 senior IRS officers over tax hike report

Rediff.com28 Apr 2020

These officers also have been divested of their current duties on charges of violating Rules 9 and 3(1)(xx) of the Central Civil Service Conduct Rules.

Why It's Best Not To Talk To Pakistan Now

Why It's Best Not To Talk To Pakistan Now

Rediff.com20 Feb 2023

The only thing that might justify a response is the desperate state of Pakistan's economy and how its people are suffering. But it's better to be heartless for now, argues Shekhar Gupta.

Ex-IAS Rajiv Aggarwal succeeds Ankhi Das as FB India policy head

Ex-IAS Rajiv Aggarwal succeeds Ankhi Das as FB India policy head

Rediff.com20 Sep 2021

Aggarwal, in this role, will define and lead important policy development initiatives for Facebook in India on an agenda that covers user safety, data protection and privacy, inclusion and internet governance, a statement said.

No change in US' policy on J-K: Biden administration

No change in US' policy on J-K: Biden administration

Rediff.com12 Feb 2021

According to a 2019 Congressional Research Service report of August 2019, a longstanding goal of US policy in South Asia has been to prevent the India-Pakistan conflict from escalating to interstate war.

US approves sale of $90 mn worth of military equipment to India

US approves sale of $90 mn worth of military equipment to India

Rediff.com4 Dec 2020

In a major move in 2016, the US had designated India a "Major Defence Partner" intending to elevate defence trade and technology sharing to a level commensurate with that of its closest allies and partners.

Revealed: 6-point plan to revive TN economy

Revealed: 6-point plan to revive TN economy

Rediff.com7 Sep 2020

The Palaniswami government is expected to utilise the Rangarajan Committee's recommendations before the 2021 assembly election.

Govt set to breach fiscal deficit target

Govt set to breach fiscal deficit target

Rediff.com8 Jan 2020

If the fiscal deficit for the year can be maintained at Rs 7.04 trillion, the deficit as a percentage of GDP will slip to 3.44 per cent

Railways, India Post not among PSUs to go on sale block

Railways, India Post not among PSUs to go on sale block

Rediff.com6 Feb 2021

The department of investment and public asset management (Dipam) can also seek in-principle approval from the Cabinet Committee on Economic Affairs (CCEA) for strategic divestment of PSUs on a case-to-case basis considering investor appetite and sectoral trends.