News for 'Department of Economic Services'

How Modi's SVAMITVA scheme aims to help rural property holders

How Modi's SVAMITVA scheme aims to help rural property holders

Rediff.com21 Oct 2020

SVAMITVA is a new government project that primarily aims to demarcate abadi areas that includes inhabitant land, inhabited areas contiguous to abadi and wadis/basties in rural areas, using drone surveying technology.

Financial Intelligence Unit detects over Rs 7,800 cr blackmoney

Financial Intelligence Unit detects over Rs 7,800 cr blackmoney

Rediff.com26 Apr 2015

Financial Intelligence Unit detects over Rs 7,800 cr blackmoney.

Will Jaitley present his 6th full Budget next year?

Will Jaitley present his 6th full Budget next year?

Rediff.com6 Dec 2018

A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will most likely present a full Budget on February 1, 2019.

Will private cryptocurrencies be finally banned?

Will private cryptocurrencies be finally banned?

Rediff.com23 Jul 2019

A government panel said policymakers and regulators should have an open mind regarding the introduction of an official digital currency in India.

ITD freezes Cognizant's bank accounts on a Rs 2,500-crore dispute

ITD freezes Cognizant's bank accounts on a Rs 2,500-crore dispute

Rediff.com28 Mar 2018

The allegations of DDT evasion is connected to some transactions the Indian entity has made while buying shares of the company from the Mauritius and US companies of Cognizant.

Prolonged lockdown to make India's water crisis worse

Prolonged lockdown to make India's water crisis worse

Rediff.com4 May 2020

Making water available is always a serious challenge in the summer for all public authorities. This year, the challenge is higher when hand-washing at every opportunity has become a necessity. So keeping potable water lines running without a glitch has become most necessary.

IMF welcomes passage of GST by Indian Parliament

IMF welcomes passage of GST by Indian Parliament

Rediff.com7 May 2015

The GST will subsume excise, service tax, value added tax, octroi etc.

Hitachi appoints first Indian as country MD

Hitachi appoints first Indian as country MD

Rediff.com28 Apr 2017

An alumnus of St Stephen's College, Delhi, his professional career began in the early 1990s. He completed a Master's degree in international affairs from Columbia University during 1996-98. And an MBA from Northeastern University, Boston.

Trump ends preferential trade privileges for India

Trump ends preferential trade privileges for India

Rediff.com1 Jun 2019

Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.

Economy strong, will keep on taking 'important decisions': PM

Economy strong, will keep on taking 'important decisions': PM

Rediff.com22 Oct 2017

Modi also reached out to traders, saying their past records will not be checked by the income tax department if they join the formal economy by getting themselves registered under the GST regime.

New rules to tax Facebook, Google from June 1

New rules to tax Facebook, Google from June 1

Rediff.com31 May 2016

The income tax department on Monday released rules for equalisation levy - a tax on online advertisements that would come into effect from June 1.

Foreign powers want to 'defame' Indian tea, Modi says in Assam

Foreign powers want to 'defame' Indian tea, Modi says in Assam

Rediff.com7 Feb 2021

The prime minister was apparently referring to Swedish environmentalist Greta Thunberg's controversial 'toolkit', which she tweeted and then deleted, outlining ways in which people can participate in the farmers protest.

H-1B visas: Biden administration says lottery system to continue till Dec 31

H-1B visas: Biden administration says lottery system to continue till Dec 31

Rediff.com5 Feb 2021

The Biden administration has announced that it is delaying the H-1B policy of the previous Trump administration on allocation of the popular foreign work visas by continuing with the lottery system until December 31, 2021, to give the immigration agency more time to develop, test and implement the modifications to the registration system. On January 7, the US Citizenship and Immigration Services (USCIS) announced to do away with the traditional lottery system in deciding the successful applicants for the H-1B visas. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in specialty occupations that require theoretical or technical expertise.

Railway Budget to be history

Railway Budget to be history

Rediff.com22 Aug 2016

The Union Budget for 2017 is likely to be presented on February 1. An approval for merging the Railway Budget with the General Budget was accorded by Finance Minister Arun Jaitley on Monday.

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.

India among Dubai's most important export markets

India among Dubai's most important export markets

Rediff.com25 Oct 2010

The DED survey also revealed that firms in the South Asian region have been trading with Dubai companies for many decades and their proximity makes them the first foreign market for exports.

'Shramik Special' trains to ferry migrants, students

'Shramik Special' trains to ferry migrants, students

Rediff.com1 May 2020

Each train is likely to carry around 1,000-1,200 passengers, keeping in mind the social-distancing protocol.

TCS, Infosys say they are fully compliant with visa rules

TCS, Infosys say they are fully compliant with visa rules

Rediff.com12 Jun 2015

H-1B visa is a non-immigrant visa, which allows US employers to temporarily employ foreign workers in speciality occupations

Fire at bio-diesel plant in Visakhapatnam SEZ put out

Fire at bio-diesel plant in Visakhapatnam SEZ put out

Rediff.com28 Apr 2016

No casualties were reported.

Andhra becomes second state to achieve 100% electrification

Andhra becomes second state to achieve 100% electrification

Rediff.com13 Sep 2016

About 35 per cent rural households in states like Uttar Pradesh, Madhya Pradesh, Bihar, Odisha and Assam still lacked access to power supply

COVID: Pak bars international flights as cases up to 625

COVID: Pak bars international flights as cases up to 625

Rediff.com21 Mar 2020

The worst-affected Sindh province reported 90 new coronavirus cases, taking the provincial tally to 357. The new cases have been detected in pilgrims who returned from Iran and have been quarantined in Sukkur, according to a spokesperson for the Sindh health department.

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.

Desi diplomat to assist US secretary Nisha Desai Biswal

Desi diplomat to assist US secretary Nisha Desai Biswal

Rediff.com18 Nov 2013

Atul Keshap, a senior Indian American career diplomat and one of the rising stars in the United States foreign service, has been picked by Nisha Desai Biswal, the newly appointed assistant secretary of state for South and Central Asian affairs, to be her deputy.

The case that led to Chidambaram's downfall

The case that led to Chidambaram's downfall

Rediff.com22 Aug 2019

Chidambaram has not been named as an accused in the FIR and the CBI is yet to file a chargesheet in the matter.

New-look FRDI bill to offer higher deposit insurance

New-look FRDI bill to offer higher deposit insurance

Rediff.com17 Oct 2019

The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.

India's Dilemma in Sri Lanka

India's Dilemma in Sri Lanka

Rediff.com21 Sep 2020

Both Mahinda Rajapaksa and Modi have learnt from their past mistakes. Modi has understood that Rajapaksa is a 'forever politician' that India has to live with, observes Ambassador M K Bhadrakumar.

Who should the next RBI Governor be? Vote now!

Who should the next RBI Governor be? Vote now!

Rediff.com17 Aug 2016

Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?

Taxi apps Uber, Ola are useful for short distances

Taxi apps Uber, Ola are useful for short distances

Rediff.com8 Aug 2016

The competition between app-based taxi services has led to a drop in prices and more choices for customers.

FinMin prepares 100-day agenda for new govt

FinMin prepares 100-day agenda for new govt

Rediff.com22 May 2019

Among other things, the agenda is likely to focus on increasing private investment, employment generation and giving relief to the farm sector

'Indian Navy is confident of rising to any challenge'

'Indian Navy is confident of rising to any challenge'

Rediff.com21 Sep 2020

'The Indian Navy has sufficient combat power in areas of interest to India that can quickly scale up operations if the need arises.' 'This includes all the choke points leading into the Indian Ocean as also areas within.'

No one in govt questioned offshore bonds issue: Garg

No one in govt questioned offshore bonds issue: Garg

Rediff.com26 Jul 2019

Refusing to link his seeking voluntary retirement, a year before his superannuation, to his transfer to the relatively low profile power ministry, he said that he had conveyed his decision to the Prime Minister's Office on July 18.

IBM to move court against India's tax demand

IBM to move court against India's tax demand

Rediff.com2 Nov 2013

I-T dept has asked for Rs 5,357 crore ($865 million) alleging the company had suppressed its revenue for FY09 to evade taxes

REWIND: Best moments from the week gone by

REWIND: Best moments from the week gone by

Rediff.com17 Sep 2018

Hurricane Florence reaches the Carolinas, America pays tribute to 9/11 victims, Russia's Putin meets China's Xi Jinping and much more...

FDI surges after 'Make in India' at $62 billion

FDI surges after 'Make in India' at $62 billion

Rediff.com20 Jul 2016

Sectors that attracted maximum FDI include services, trading, automobile and power.

India may grow at 6% in 2014-15: Harvard professor

India may grow at 6% in 2014-15: Harvard professor

Rediff.com23 Jul 2014

As per the Economic Survey for 2013-14, India's gross domestic product growth rate will improve to 5.4-5.9 per cent in the current fiscal after remaining at sub-5 per cent level for past two years.

Ashok Chawla to be new finance secy

Ashok Chawla to be new finance secy

Rediff.com4 May 2009

A decision to this effect has been taken after Arun Ramanathan retired as finance secretary on Thursday. Currently, Chawla is the senior-most official in the finance ministry. In addition, G C Chaturvedi, currently serving as additional secretary in the ministry of health and family welfare, has been appointed as additional secretary in-charge of the financial services department.

E-com norms will affect Netflix, Hotstar, Amazon Prime

E-com norms will affect Netflix, Hotstar, Amazon Prime

Rediff.com27 Mar 2019

At the heart of the issue is the way e-commerce is defined in the current draft policy.

'Gehlot government is non-functional'

'Gehlot government is non-functional'

Rediff.com13 Aug 2020

'While the farmers are reeling under a huge debt burden, crop loss due to locust attacks and erratic rainfall, the state is also facing a COVID-19 challenge.' 'In this situation, you have Congress and BJP MLAs trying to outwit each other in a game of thrones'

FinMin asks RBI to ease infra funding norms

FinMin asks RBI to ease infra funding norms

Rediff.com4 Nov 2014

The ministry seeks to make lending requirements flexible for banks financing key stalled projects.

PM's principal secy Nripendra Misra to step down

PM's principal secy Nripendra Misra to step down

Rediff.com31 Aug 2019

Modi has appointed P K Sinha, who superannuated as cabinet secretary on Friday, as Officer on Special Duty (OSD) in the Prime Minister's Office (PMO), he said.