News for 'Department of Economic Services'

Modi replaces top finance mandarin Mayaram in 1st major shake up

Modi replaces top finance mandarin Mayaram in 1st major shake up

Rediff.com16 Oct 2014

Over the past six months Rajasthan has introduced some of India's most radical free-market labour, land and welfare reform.

What Every Indian Must Know About PM-CARES

What Every Indian Must Know About PM-CARES

Rediff.com5 Oct 2021

Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.

Mumbai power outage may have been handiwork of China: Report

Mumbai power outage may have been handiwork of China: Report

Rediff.com1 Mar 2021

A report details the campaign conducted by a China-linked threat activity group RedEcho targeting the Indian power sector.

Nitish Kumar's biggest challenge at the moment

Nitish Kumar's biggest challenge at the moment

Rediff.com25 May 2020

Around 275,000 migrant labourers and their family members have returned to the state. According to the state government, this number could exceed 1 million by the end of this month. As the NDA government in Bihar is scheduled to face polls at the end of this year, providing livelihoods to these people is on the top Chief Minister Nitish Kumar's agenda.

Ratan Watal is new finance secretary

Ratan Watal is new finance secretary

Rediff.com31 Aug 2015

Watal a 1978-batch Andhra Pradesh cadre IAS officer.

TCS bags UP data centre project

TCS bags UP data centre project

Rediff.com24 Sep 2010

India's largest software exporter Tata Consultancy Services has been selected to set up the State Data Centre in Uttar Pradesh for the e-delivery of government services.

'What honesty can you talk about when you openly buy MLAs?'

'What honesty can you talk about when you openly buy MLAs?'

Rediff.com14 Dec 2020

'What steps have the higher level of political leadership taken to remove corruption from the system and bring in honest governance?'

India owns $121.6 bn worth US govt securities

India owns $121.6 bn worth US govt securities

Rediff.com26 Jun 2016

This marks a steep rise from level seen in April 2015 when country held US govt securities to the tune of $110.3 bn

China Connection and India-US Ties

China Connection and India-US Ties

Rediff.com2 Feb 2021

'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.

Despite pandemic, investors are flocking to Tamil Nadu

Despite pandemic, investors are flocking to Tamil Nadu

Rediff.com17 Aug 2020

Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.

Tech Mahindra seeks transfer of Satyam SEZs

Tech Mahindra seeks transfer of Satyam SEZs

Rediff.com21 Aug 2013

According to a department notification, Tech Mahindra has approached the Board of Approvals under the Department of Commerce for transferring rights of three SEZs (one in Tamil Nadu and two in Andhra Pradesh) and the proposal will come up for a discussion before the BoA on August 30.

US may be banning TikTok, says Trump

US may be banning TikTok, says Trump

Rediff.com1 Aug 2020

India has banned as many as 106 Chinese apps, including TikTok, a move welcomed by both the Trump administration and the US lawmakers.

Modi Has Enormous Curiosity About The World

Modi Has Enormous Curiosity About The World

Rediff.com24 May 2022

'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.

PLA Unrest: Why Xi Is Worried

PLA Unrest: Why Xi Is Worried

Rediff.com22 Sep 2021

Protests at this time when efforts are underway to strengthen the PLA and keep morale high would be worrying for the military leadership, observes Jayadeva Ranade, the retired senior RA&W officer and distinguished China expert.

Invest India sets up cell to facilitate Make in India campaign

Invest India sets up cell to facilitate Make in India campaign

Rediff.com26 Sep 2014

The queries can now be addressed to and their responses accessed from the makeinindia.com website that was unveiled along with the campaign aimed at making India a manufacturing hub by Modi at a mega event in New Delhi on Thursday.

Oppn expresses 'serious misgivings' over lateral entry to jt secy post

Oppn expresses 'serious misgivings' over lateral entry to jt secy post

Rediff.com11 Jun 2018

Rashtriya Janata Dal's Manoj Jha saw the move as an attempt to have a 'committed bureaucracy'.

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.

Govt to bring in legislation to regulate crypto currency

Govt to bring in legislation to regulate crypto currency

Rediff.com17 Feb 2021

Operationalising the ban is being fleshed out: it will entail which cryptocurrencies will be banned and how.

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.

Kolkata bridge collapse: Toll hits 2; railway had issued warning in July

Kolkata bridge collapse: Toll hits 2; railway had issued warning in July

Rediff.com5 Sep 2018

The police lodged a suo motu case against unknown persons in connection with their involvement in the mishap, a police officer said.

Budget ignores women and children

Budget ignores women and children

Rediff.com5 Feb 2021

Women and children have been given short shrift with these crucial sectors facing substantive budgetary cuts, discovers Rashme Sehgal.

Railways in talks with Reliance Jio on tower use

Railways in talks with Reliance Jio on tower use

Rediff.com23 Dec 2019

Indian Railways is in talks with Reliance Jio Infocomm to allow the Mukesh Ambani-led telecom major's use of its towers. The aim is seamless mobile and internet connectivity for passengers along the 67,368-km of tracks. The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio. The Jio tie-up is expected to bring down its telecom bill by at least 35 per cent from this financial year.

Budget 2020: Centre, Sebi spar over transfer of surplus funds to exchequer

Budget 2020: Centre, Sebi spar over transfer of surplus funds to exchequer

Rediff.com28 Dec 2019

In 2009, FinMin proposed to move regulators' reserves into public account. These accounts were finally opened in 2013-14. However, no funds have been deposited in it so far.

The Armed Forces's COVID-19 Challenge

The Armed Forces's COVID-19 Challenge

Rediff.com1 May 2020

'The COVID-19 pandemic must push the military into a long-term reconsideration of its primary challenges.' 'There must be greater emphasis on humanitarian aid and disaster relief including the management of contagious illnesses and impending crises caused by climate change,' notes Ajai Shukla.

Defence equipment: To lease or not to lease?

Defence equipment: To lease or not to lease?

Rediff.com30 Nov 2020

Admiral describes it as 'a path-breaking change'; defence ministry official disagrees.

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.

After revoking MFN status, India mulls suspending trade with Pak

After revoking MFN status, India mulls suspending trade with Pak

Rediff.com16 Feb 2019

While India does not figure in the top 10 export destinations for Pakistani goods, it serves as a crucial channel for select goods such as leather hides and cheaper variants of fertilisers that are generally procured by importers at short notice.

India's ban on apps not beneficial to anyone: China

India's ban on apps not beneficial to anyone: China

Rediff.com3 Sep 2020

India on Wednesday banned 118 more mobile apps with Chinese links, including the popular game PUBG, citing data privacy concerns and a threat to national security, taking the total count of Chinese-linked mobile apps banned by New Delhi to 224.

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

Rediff.com8 Nov 2021

I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.

E-com policy, data localisation figure in Indo-US trade talks

E-com policy, data localisation figure in Indo-US trade talks

Rediff.com6 May 2019

However, the countries did not take up the issue of proposed withdrawal of export incentives by the US to Indian exporters under Generalized System of Preference.

Lakshadweep administrator has Modi's ear, and trust

Lakshadweep administrator has Modi's ear, and trust

Rediff.com16 Jun 2021

Given Narendra Modi's trust in him, Praful Khoda Patel is unlikely to back down in Lakshadweep.

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.

Pentagon urges India, China to reduce tension 'through direct dialogue'

Pentagon urges India, China to reduce tension 'through direct dialogue'

Rediff.com22 Jul 2017

Pentagon has sought direct dialogue between India and China 'free of any coercive aspects'.

Panel to examine fiscal, debt situation likely

Panel to examine fiscal, debt situation likely

Rediff.com7 Feb 2020

The panel may include or seek inputs from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian, Sajjid Chinoy of the PM-EAC, Rathin Roy, among others.

I-T dept shouldn't lose sight of domestic black money: Jaitley

I-T dept shouldn't lose sight of domestic black money: Jaitley

Rediff.com30 Oct 2014

The minister was speaking at a review meeting of Principal Chief Commissioners, Principal Directors General, Chief Commissioners of I-T in New Delhi on Thursday in order to assess the revenue collection target for 2014-15 fiscal.

FDI boosters on cards

FDI boosters on cards

Rediff.com6 Apr 2013

As part of it, the govt may permit 26% FDI in insurance broking through the automatic route.

A powerful advisory council can work wonders for the govt

A powerful advisory council can work wonders for the govt

Rediff.com10 Dec 2014

The Modi govt is keen to replace the Planning Commission with a more powerful body.

America Inc still finds India a difficult market to crack

America Inc still finds India a difficult market to crack

Rediff.com20 May 2019

Though the US has got together a number of vetted and potential Indian business partners, most of these companies say they haven't had much luck in stitching up deals to tap into India as an export market for their goods.

Bankers agree to review lending rates

Bankers agree to review lending rates

Rediff.com5 Aug 2019

Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.

'Lockdown prevented US or Europe-like situation but...'

'Lockdown prevented US or Europe-like situation but...'

Rediff.com24 Apr 2020

'Lifting of lockdown should be very gradual. Some facilities should remain closed through the month of May like schools, colleges, malls, cinema halls, religious places and markets'