News for 'Department of Economic Services'

Maha to ease Covid curbs from June 7 as per positivity rate

Maha to ease Covid curbs from June 7 as per positivity rate

Rediff.com5 Jun 2021

The Maharashtra government has announced a five-level plan to relax the coronavirus-induced restrictions in the state, based on the weekly positivity rate and the occupancy of oxygen beds.

Covid impact: Imports of digital thermometers rise 2,410%

Covid impact: Imports of digital thermometers rise 2,410%

Rediff.com27 Jul 2021

From Covid-19 essentials, such as Vitamin C supplements and thermometers, to bicycles, laptops, and personal weighing scales, demand for certain items galloped during last financial year as the pandemic altered what Indians used on a day-to-day basis. Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted. With outdoor activities coming to a halt last year and schools functioning virtually, imports of sports goods witnessed a decline, while inbound shipments of laptops and battery chargers saw a sharp uptick, according to the import data for the financial year 2020-21.

20 Indian-Americans in Biden administration, 17 at key WH positions

20 Indian-Americans in Biden administration, 17 at key WH positions

Rediff.com17 Jan 2021

It is also for the first time ever that so many Indian-Americans have been roped into a presidential administration ever before the inauguration. Biden, a Democrat, is still quite far away from filling all the positions in his administration.

Government gets moving on insurance cover for job loss

Government gets moving on insurance cover for job loss

Rediff.com5 Jun 2020

Following suggestion from Minister for Roads Nitin Gadkari, Centre seeks ideas from IRDAI and General Insurance Council on feasibility of providing insurance cover for retrenchment.

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.

NIA to probe Kerala gold smuggling case

NIA to probe Kerala gold smuggling case

Rediff.com10 Jul 2020

The gold, weighing over 30 kg, was seized from the "diplomatic baggage" that had landed by air cargo at the Thiruvananthapuram international airport recently from the Gulf.

Pak failed to stop LeT, JeM funds, recruiting: US

Pak failed to stop LeT, JeM funds, recruiting: US

Rediff.com2 Nov 2019

The US State Department, in its Congressional mandated annual Country Reports on Terrorism for the year 2018, on Friday said even though the Pakistani government voiced support for political reconciliation between the Afghan government and the Taliban, it did not restrict the terror group and the Haqqani Network from operating in Pakistan-based safe havens and threatening the US and Afghan forces in Afghanistan.

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.

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.

UN blacklists Osama bin Laden's son, seen as successor of Al Qaeda

UN blacklists Osama bin Laden's son, seen as successor of Al Qaeda

Rediff.com2 Mar 2019

The sanctions list subjected him to a travel ban, assets freeze and an arms embargo.

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

India is in a financial mess

India is in a financial mess

Rediff.com19 Aug 2020

'In a serious fiscal situation like this, an ostrich-like focus on annual budgeting, event management and defensive rhetoric will only make matters worse,' warns Rathin Roy.

Google tax contributes merely 1% of direct tax kitty

Google tax contributes merely 1% of direct tax kitty

Rediff.com26 Aug 2020

A total of Rs 396 crore has been mopped up, as on August 20 against Rs 407 crore collected in the same period last year. This was despite the expansion of the levy to online e-commerce players from this financial year.

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.

What will open up in Kolkata after lockdown

What will open up in Kolkata after lockdown

Rediff.com30 Apr 2020

The state has decided that from Monday it will allow the plying of private buses along with the opening of electronics, stationery, tea stalls, and paint and hardware stores, reports Avishek Rakshit

Govt to take Rs 6500 cr hit for interest waiver on loans

Govt to take Rs 6500 cr hit for interest waiver on loans

Rediff.com24 Oct 2020

In a festival gift to borrowers, the finance ministry on Wednesday approved guidelines for a scheme for grant of ex-gratia payment of the difference between compound interest and simple interest for six months of loans up to Rs 2 crore.

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.

Normal monsoon to boost stocks of agri-related companies

Normal monsoon to boost stocks of agri-related companies

Rediff.com27 Apr 2021

Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22.

Why LIC IPO is unlikely this fiscal

Why LIC IPO is unlikely this fiscal

Rediff.com22 Sep 2020

A lot of work is needed to be done on the part of the insurance sector behemoth, and the government, before it is ready for its market debut.

Joe Biden's Many Challenges

Joe Biden's Many Challenges

Rediff.com23 Jan 2021

'India should be aware that China will take full advantage of US domestic turmoil and reduced international prestige,' warns Colonel Anil A Athale (retd).

Biden reiterates US support for India's permanent seat in UNSC

Biden reiterates US support for India's permanent seat in UNSC

Rediff.com25 Sep 2021

Biden has reiterated America's support for India's permanent membership on a reformed UNSC and its entry into the NSG during his first in-person bilateral meeting with Modi at the White House.

What Modi must do to boost growth

What Modi must do to boost growth

Rediff.com30 Sep 2020

'The answer for a quicker boost to growth is simple -- run a much larger deficit, use the resulting public resources to ensure adequate price support for agriculture, subsidise wage costs of MSMEs and accelerate public sector construction-intensive activities,' advises Nitin Desai.

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.

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.

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.

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.

'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?'

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.

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'.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.