News for 'Department of Economic Services'

Greece: Conservatives rise to power as Tsipras concedes defeat

Greece: Conservatives rise to power as Tsipras concedes defeat

Rediff.com8 Jul 2019

With 75 per cent of votes counted, the ND party was leading with 39.6 per cent of total votes heading towards a majority in the 300-member Greek Parliament, while Tsipras' leftist Syriza was behind with 31.6 per cent of total votes, CNN reported.

These COVID-19 warriors are an inspiration for India

These COVID-19 warriors are an inspiration for India

Rediff.com2 May 2020

'We got so many calls after the attack.' 'Loved ones told us forget all this, nothing was more valuable than our lives.' 'But we said, 'No, this wasn't the way forward -- the people, society, the country needs us at this time.'

Sumit Bose likely to head PFRDA

Sumit Bose likely to head PFRDA

Rediff.com3 Dec 2013

The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.

Jaitley meets US commerce secretary, bats for H-1B

Jaitley meets US commerce secretary, bats for H-1B

Rediff.com21 Apr 2017

Taking up the case of Indian IT companies and professionals, Jaitley told Ross about the contribution of highly-skilled Indians in the economic development of the United States and India and stressed that they should continue to do so, which is in the best interest of the two countries, officials said.

Slowdown no issue, India to be fastest growing economy in 2016

Slowdown no issue, India to be fastest growing economy in 2016

Rediff.com22 Jan 2016

The report said South Asia is expected to be the fastest-growing region.

The rift between Chidambaram, Pranab Mukherjee grows wider

The rift between Chidambaram, Pranab Mukherjee grows wider

Rediff.com3 Sep 2013

Congress MPs approach PM to protest against Chidambaram's public remarks on blaming Mukherjee for economic crisis.

'The change from pessimism to confidence is a major achievement'

'The change from pessimism to confidence is a major achievement'

Rediff.com5 Jul 2016

'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'

Why is govt taking pangas with RBI, CBI etc?

Why is govt taking pangas with RBI, CBI etc?

Rediff.com23 Nov 2018

Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.

ONGC highest profit-making PSU, BSNL worst performer

ONGC highest profit-making PSU, BSNL worst performer

Rediff.com9 Jul 2014

Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.

Demographic dividend or impending catastrophe?

Demographic dividend or impending catastrophe?

Rediff.com26 Aug 2016

No country has grown without educating its people. India's shameful lag in primary and secondary education has persisted for several decades, and the crisis in higher education is now threatening a social and political calamity, says Ashoka Mody.

Trump impact: Net worth of India's tech billionaires eroded

Trump impact: Net worth of India's tech billionaires eroded

Rediff.com13 Apr 2017

IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.

Can Shaktikanta Das be a peacemaker between RBI, govt?

Can Shaktikanta Das be a peacemaker between RBI, govt?

Rediff.com27 Dec 2018

If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.

Internal report on SBI graft case misses deadline

Internal report on SBI graft case misses deadline

Rediff.com2 Dec 2013

As per the bank sources, senior-most MDs -- A Krishna kumar and Hemant Contractor -- are part of the committee.

Modi to announce new initiatives for SC/ST entrepreneurs next week

Modi to announce new initiatives for SC/ST entrepreneurs next week

Rediff.com13 Oct 2016

The National SC/ST Hub, under the micro, small and medium enterprises ministry, with an initial outlay of Rs 490 crore, will work towards strengthening market access/linkage, monitoring, capacity building, leveraging financial support schemes and sharing industry-best practices.

Biden's secretary of state will be...

Biden's secretary of state will be...

Rediff.com16 Nov 2020

'Biden's promise of returning to 'normalcy' after Trump appears to mean that the same old politicians, who are responsible for the 'endless wars' in Afghanistan, Iraq and Syria, are being brought out of the woodwork after four years,' notes Ambassador M K Bhadrakumar.

The race to adopt artificial intelligence

The race to adopt artificial intelligence

Rediff.com4 Jul 2017

Engineering product firms were among the first to embrace AI and machine learning. And the early adopters are reaping gains.

Economy on a strong wicket; fundamentals sound: Jaitley

Economy on a strong wicket; fundamentals sound: Jaitley

Rediff.com24 Oct 2017

Economic Affairs secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.

Why some things work in India, and some don't

Why some things work in India, and some don't

Rediff.com24 Jul 2017

'The two-word answer is: Proper oversight,' says T N Ninan.

Biggest challenge facing Modi 2.0

Biggest challenge facing Modi 2.0

Rediff.com24 May 2019

The incoming government will have to encourage private investments, bring down cost of capital

FIPB to take call on Tata-Singapore Airlines deal on Oct 18

FIPB to take call on Tata-Singapore Airlines deal on Oct 18

Rediff.com8 Oct 2013

As per the FIPB agenda, the proposal will be taken up on October 18.

US charges China's army officers with cyber theft

US charges China's army officers with cyber theft

Rediff.com20 May 2014

Reflecting concern about Internet security, the United States has said it won't tolerate government-sponsored cyber theft of trade secrets even as it brought cyber-espionage charges against China's five military officers for allegedly stealing classified corporate information.

Relief for tech firms as I-T revokes circular on transfer pricing

Relief for tech firms as I-T revokes circular on transfer pricing

Rediff.com30 Jun 2013

Clarifies 'profit-split' will not be only method to compute tax

50 lakh central govt employees to get pay hike, perks

50 lakh central govt employees to get pay hike, perks

Rediff.com28 Feb 2014

The Cabinet on Friday gave mandate to the 7th Pay Commission for revising salaries of over 50 lakh central government employees and remuneration of 30 lakh pensioners.

How to prepare for SSC CGL exam 2016

How to prepare for SSC CGL exam 2016

Rediff.com18 Feb 2016

Lakhs of students appear for it every year. How are you preparing for it?

FDI dips to $5.47 bn in Jan-March

FDI dips to $5.47 bn in Jan-March

Rediff.com19 Jun 2013

Foreign direct investment (FDI) in India has declined by six per cent to $5.47 billion during January-March quarter of the current calender year even as government is making efforts to promote the country as an investment destination.

GST impact: Gold import surge from South Korea alarms govt

GST impact: Gold import surge from South Korea alarms govt

Rediff.com9 Aug 2017

Steps such as safeguard duty in the works to plug the route

TRAI bars differential tariff for Internet access

TRAI bars differential tariff for Internet access

Rediff.com8 Feb 2016

TRAI said that Internet service providers would not be allowed to discriminate on pricing of data access for different web services.

Morgan Stanley keen to start proprietary trading in India

Morgan Stanley keen to start proprietary trading in India

Rediff.com25 Dec 2013

Indian brokerage arm of global investment banker Morgan Stanley has sought RBI's approval to start proprietary trading under which it will be able to buy and sell securities on its own account.

How the Web lost its innocence

How the Web lost its innocence

Rediff.com8 Jun 2018

Ajit Balakrishnan on how the Web could return to its original egalitarian goals.

Modi on how to track undeclared wealth

Modi on how to track undeclared wealth

Rediff.com1 Sep 2017

Modi said officers must fix clear targets to improve the country's tax administration by 2022, the 75th anniversary of Independence.

Inside DIPP, Japan Plus gets going on $33.5-bn dream

Inside DIPP, Japan Plus gets going on $33.5-bn dream

Rediff.com19 Feb 2015

Japan Plus to facilitate and fast-track investment proposals.

India Ratings downgrades GMR Hyd airport's project bank loan

India Ratings downgrades GMR Hyd airport's project bank loan

Rediff.com14 May 2014

It has been lowered to 'IND BBB+' from 'IND A-', besides placing the rating on 'Rating Watch Negative' (RWN).

Why BJP's landslide victory in UP will not spur reforms

Why BJP's landslide victory in UP will not spur reforms

Rediff.com23 Mar 2017

If the Modi government's approach to economic policy making is any indication, expectations of a sudden spurt in economic reforms after the assembly election results appear to be grossly misplaced.

Prabhu's new trade policy mum on achieving exports target

Prabhu's new trade policy mum on achieving exports target

Rediff.com6 Dec 2017

Foreign Trade Policy: More incentives for exports, focus on ease of trading

SBI downplays 'debt mountain' of India Inc

SBI downplays 'debt mountain' of India Inc

Rediff.com9 May 2016

Say their aggregate borrowings were "well within the norms"

The dud of a stink bomb

The dud of a stink bomb

Rediff.com3 Oct 2017

By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.

Pakistan's dangerous obsession with nuclear weapons

Pakistan's dangerous obsession with nuclear weapons

Rediff.com5 Feb 2018

For the world and India, one of the most enduring challenges of the times is for Pakistan's nukes to be neutralised, before they are ever used by the State, their sponsored non-State actors or any rogue elements from the many terror tanzeems dotting Pakistan's unstable landscape, says Lieutenant General Kamal Davar (retd).

El Nino may impact India's GDP by 1.75%: Assocham

El Nino may impact India's GDP by 1.75%: Assocham

Rediff.com8 May 2014

A rise in farm sector is estimated to raise demand for industrial goods and services, it added.

El Nino may impact India's GDP by 1.75%: Assocham

El Nino may impact India's GDP by 1.75%: Assocham

Rediff.com8 May 2014

About 60 per cent of net sown area of the country is rain-fed. With every one per cent deficit in rains, the country's gross domestic produce falls by 0.35 per cent.

We will contain damage on debit card breach: Jaitley

We will contain damage on debit card breach: Jaitley

Rediff.com21 Oct 2016

Promising swift action on the debit card data compromise issue, Economic Affairs Secretary Shaktikanta Das on Friday said there was no need to panic over the feared security breach that affected over 32 lakh cards.