News for 'Department of Economic Services'

Coronavirus cases in India cross 1,000-mark; 27 dead

Coronavirus cases in India cross 1,000-mark; 27 dead

Rediff.com29 Mar 2020

The total number of positive cases has increased by 106 in the last 24 hours to reach 1,024.

ASK MAYANK: I've a new job offer, should I take it?

ASK MAYANK: I've a new job offer, should I take it?

Rediff.com7 Apr 2021

How do you decide if you should take up a new job in these difficult times? HR guru Mayank Rautela has some tips that could help you decide.

How the 'mother of all tax reforms' actually evolved

How the 'mother of all tax reforms' actually evolved

Rediff.com20 Jul 2017

In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.

Budget 2020: What Nirmalaji must focus on

Budget 2020: What Nirmalaji must focus on

Rediff.com23 Jan 2020

'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.

Why this JNU professor quit the Modi government panel

Why this JNU professor quit the Modi government panel

Rediff.com7 Jan 2020

A day after masked goons entered Jawaharlal Nehru University and ran riot, injuring over 36 people with sticks, lathis and hammers, noted economist and professor C P Chandrasekhar resigned from a Narendra Modi government-appointed committee on statistics. The committee was set to hold its first meeting to review India's economic data. In his resignation letter, Professor Chandrasekhar wrote, "I regret to inform you that because of the situation in JNU where I stay, I will be unable to attend tomorrow's meeting." He was also quoted as saying, "The JNU's incident on Sunday has further undermined the faith in the system. It shows that we are now living in a different world and it's hard to work with a government in which you have lost faith."

How to fix the PMC Bank crisis

How to fix the PMC Bank crisis

Rediff.com23 Oct 2019

'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.

Was RBI's June meet the last straw for Acharya?

Was RBI's June meet the last straw for Acharya?

Rediff.com24 Jun 2019

While Governor Das was sanguine on government walking the fiscal prudence path--which was missed three out of the five budgets of the Modi government--Acharya pointed to the fiscal slippages as a worry.

Modi bracing for tough RCEP meet in Singapore

Modi bracing for tough RCEP meet in Singapore

Rediff.com12 Nov 2018

Modi will have limited choice other than stressing upon a request for more time to decide on tariff rates, especially with elections in 2019.

Why the neglect of exports must end soon

Why the neglect of exports must end soon

Rediff.com31 Aug 2017

It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.

PMO sets up 10 panels to deal with post lockdown situation

PMO sets up 10 panels to deal with post lockdown situation

Rediff.com29 Mar 2020

The panel is expected to suggest various relief measures to put economy back on track as soon as possible, the sources said.

Meet Urjit Patel, RBI's 24th Governor

Meet Urjit Patel, RBI's 24th Governor

Rediff.com20 Aug 2016

As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank

Has note ban boosted tax base? Answer is in the detail

Has note ban boosted tax base? Answer is in the detail

Rediff.com22 Jun 2017

On the face of it, there could be a bump up in tax filings, but its impact on tax collections is not that straightforward

Govt officials are grumbling over foreign travel memo

Govt officials are grumbling over foreign travel memo

Rediff.com17 Aug 2016

Many argue there's a mismatch between Prime Minister Narendra Modi's focus on international exposure and his government's diktat to officials on limiting travel.

What Swadeshi Jaagran Manch wants changed in Modi's farm laws

What Swadeshi Jaagran Manch wants changed in Modi's farm laws

Rediff.com7 Oct 2020

'The SJM has requested the government to bring a change in the law which will ensure MSP as the floor price for all farmers below which nobody should buy anything from them.'

Treat visa of IT professionals as a trade issue: India to US

Treat visa of IT professionals as a trade issue: India to US

Rediff.com23 Jan 2015

India has asked the US to treat the issue of visa for IT professionals as a trade-related one rather than an immigration issue.

The daunting tasks facing Suresh Prabhu

The daunting tasks facing Suresh Prabhu

Rediff.com15 Sep 2017

Mr Prabhu has a big challenge ahead in implementing trade reforms to regain the lost export momentum, says Jayanta Roy.

NSA Doval, US Defense Secy vow to boost Indo-US security ties

NSA Doval, US Defense Secy vow to boost Indo-US security ties

Rediff.com25 Mar 2017

Mattis applauded India's efforts to promote stability in the South Asia region, said Pentagon Spokesperson

How India can run its PSUs profitably

How India can run its PSUs profitably

Rediff.com31 May 2016

A better system of operating central and state PSEs, and indeed all commercial activities of the government, would require eliminating the current system that oversees them.

India eyes $900 billion exports by 2020; sops for exporters

India eyes $900 billion exports by 2020; sops for exporters

Rediff.com1 Apr 2015

The government announced several incentives in the five-year Foreign Trade Policy.

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.

5G will be rolled out by 2020

5G will be rolled out by 2020

Rediff.com27 Sep 2017

India is looking at 5G technology as a major opportunity in terms of offering services tailored for rural India like telehealth, tele-education and bandwidth-heavy applications

Vodafone's ownership in Indian arm may be probed

Vodafone's ownership in Indian arm may be probed

Rediff.com10 Mar 2014

The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).

Tech Savvy IS chief recruiter in India named global terrorist by US

Tech Savvy IS chief recruiter in India named global terrorist by US

Rediff.com16 Jun 2017

This is for the first time that the US has slammed sanctions against an ISIS leader in India.

Tax defaulters to get a second chance

Tax defaulters to get a second chance

Rediff.com10 Jun 2013

The government has decided to provide the tax defaulters another chance to prove their loyalty to the IT department, by implementing a single time amnesty scheme.

IT professionals: The new face of labour unions

IT professionals: The new face of labour unions

Rediff.com6 Jun 2017

The past few weeks have seen several hundred people let go of by IT services firms joining unions claiming to represent tech workers fighting for their rights.

Defence in 2019: Balakot strikes, CDS & modernisation

Defence in 2019: Balakot strikes, CDS & modernisation

Rediff.com31 Dec 2019

India's doctrinal policy shift in combating terror by carrying out the Balakot air strikes inside Pakistan, appointment of a Chief of Defence Staff and hastening work on military modernisation marked a new beginning in 2019 in dealing with complex security challenges.

Work can wait, family can't, say stranded migrants

Work can wait, family can't, say stranded migrants

Rediff.com16 Apr 2020

Daily wagers are running out of resources, including ration and cash, and the state governments might not be able to sustain their needs for a longer period of time, given the lockdown has already been extended until May 3.

Post-note ban disruption, India to grow at 7.2%: IMF

Post-note ban disruption, India to grow at 7.2%: IMF

Rediff.com9 May 2017

The temporary disruptions (primarily to private consumption) caused by cash shortages accompanying the currency exchange initiative are expected to gradually dissipate in 2017 as cash shortages ease, the International Monetary Fund said in its regional economic outlook.

Centre's lockdown plan: Red, Orange and Green zones

Centre's lockdown plan: Red, Orange and Green zones

Rediff.com13 Apr 2020

It is likely the government will divide the country into different zones during the proposed extended period of lockdown and might permit a few services to function in safe zones.

The brightest Indian-American stars in the US

The brightest Indian-American stars in the US

Rediff.com18 Sep 2018

Indian Americans are not just shining in the fields of technology, education and management. You can now spot them every where... in politics, in research, in the movies and even on YouTube, says Ignatius Chithelen.Indian Americans are not just shining in the fields of technology, education and management. You can now spot them every where... in politics, in research, in the movies and even on YouTube, says Ignatius Chithelen.

'Long fight': PM asks ministers to plan 'slow' exit from lockdown

'Long fight': PM asks ministers to plan 'slow' exit from lockdown

Rediff.com7 Apr 2020

Addressing his council of ministers in a video conference, Modi asked them to prepare business continuity plans to fight the economic impact of COVID-19 on a war footing, but also asserted that this crisis is an opportunity to boost the 'Make-in-India' initiative and reduce dependence on other countries.

Karti Chidambaram's office searched by ED

Karti Chidambaram's office searched by ED

Rediff.com16 Dec 2015

The Enforcement Directorate on Wednesday searched the office of Karti Chidambaram, son of former Finance Minister P Chidambaram, in connection with its probe against firms owned by his friends.

Chidambaram conspired with son, says CBI charge sheet

Chidambaram conspired with son, says CBI charge sheet

Rediff.com19 Oct 2019

The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.

'Modi has been scrupulously honest. Indira Gandhi institutionalised corruption'

'Modi has been scrupulously honest. Indira Gandhi institutionalised corruption'

Rediff.com21 Jul 2018

'Modi has shown political courage by instituting several economic reforms which include demonetisation, ushering in GST, eradication of benami transactions...'

Now, fixed two-year tenure for civil servants

Now, fixed two-year tenure for civil servants

Rediff.com30 Jan 2014

Officers of the three premier services -- Indian Administrative Services, Indian Police Service and Indian Foreign Service -- will now spend a minimum of two years at each posting and any exception in the form of transfers or new appointments will only be done upon the recommendation of a civil services board, according to new rules aimed at checking political interference.

Hope to get nod for airline joint venture with SIA: Tata Sons

Hope to get nod for airline joint venture with SIA: Tata Sons

Rediff.com7 Oct 2013

The proposal of Tatas and Singapore Airlines for a new joint venture, entailing foreign investment of $49 million, is likely to come up before the Foreign Investment Promotion Board for approval on October 18.

It's the govt that is NOT ready to implement GST!

It's the govt that is NOT ready to implement GST!

Rediff.com29 Aug 2017

The confidence that GST Network is capable of handling the returns, payments, reconciliation, refunds, etc., has been badly shaken.

US imposes tough sanctions on Russia

US imposes tough sanctions on Russia

Rediff.com17 Jul 2014

The US has slapped additional tough sanctions on Russia's financial services and energy sectors for the failure of Moscow to taken enough steps to address the volatile political situation in Ukraine.

How cash-starved Modi govt plans to prune expenditure

How cash-starved Modi govt plans to prune expenditure

Rediff.com28 Aug 2019

'If the current mood in North Block, headquarters of the finance ministry, is anything to go by, the government will now keep a closer watch on all kinds of schemes and projects undertaken by different central ministries. 'The next six months will determine which central schemes will have to be wound up and which ones will survive the axe,' says A K Bhattacharya.