News for 'Department of Economic Services'

Stop! Tales of a village telegraphist

Stop! Tales of a village telegraphist

Rediff.com15 Jul 2013

P Murugesan has been sending telegrams for 33 years in rural Tamil Nadu. He remembers hectic marriage seasons, many moons ago, when everyone sent telegrams. And days when even 15 Morse machines could not handle the load...

Jaitley explains why RBI rate cut will benefit the economy

Jaitley explains why RBI rate cut will benefit the economy

Rediff.com18 Nov 2014

Delivering the key mote address at the Citi's Investor Summit, Jaitley hoped that as a professional organisation the Reserve Bank will take 'the best decision'.

Rate-cut hopes drive markets higher; bluechips gain

Rate-cut hopes drive markets higher; bluechips gain

Rediff.com15 May 2015

Benchmark indices finished higher on hopes of economic reforms

Reviving Air India: How Rohit Nandan is doing it

Reviving Air India: How Rohit Nandan is doing it

Rediff.com8 Oct 2014

The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up

Capital infusion won't fix PSBs

Capital infusion won't fix PSBs

Rediff.com1 Feb 2019

Those behind recapitalisation are neither aware nor do they care. After all, they have no skin in this game. And the Lok Sabha elections are round the corner. That's what they care about, points out Debashis Basu.

New 'secrets' emerge in PNB scam

New 'secrets' emerge in PNB scam

Rediff.com28 Jan 2019

FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'

'India's best strategy is to stay invested in domestic growth stories'

'India's best strategy is to stay invested in domestic growth stories'

Rediff.com27 Apr 2017

In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.

CBI examines Chidambaram in Aircel-Maxis case

CBI examines Chidambaram in Aircel-Maxis case

Rediff.com16 Dec 2014

The sources said the matter should have been referred to the Cabinet Committee on Economic Affairs as foreign investments above Rs 600 crore (Rs 6 billion) can only be cleared by Cabinet Committee on Economic Affairs headed by the Prime Minister.

'GST is going to be tax jihadism'

'GST is going to be tax jihadism'

Rediff.com30 Jun 2017

'If my understanding is correct, one has to file not less than 37 returns per year for every ordinary business, and that too per state.' 'If you are doing businesses in Chennai, Bangalore and Hyderabad, you have to file 37x3 returns every year!' 'The consequence of GST will be chaos, confusion and possibly economic crisis.'

How E and V bands can solve connectivity issues

How E and V bands can solve connectivity issues

Rediff.com2 Feb 2018

They can carry huge amounts of data, have a lot of bandwidth, but operate at short ranges, between 200 metres and 2-3 km reports Surajeet Das Gupta

Finmin to form company to take over bad loans

Finmin to form company to take over bad loans

Rediff.com4 Jun 2014

The Finance Ministry is considering a proposal to set up a National Asset Management Company that may act as a nodal agency for taking over bad loans of banks and help revive sick units.

Hardik Patel fallout: Home Secy Goyal gets the boot

Hardik Patel fallout: Home Secy Goyal gets the boot

Rediff.com31 Aug 2015

The Narendra Modi government on Monday sprang a surprise when it appointed senior IAS officer Rajiv Mehrishi as Union home secretary in place of incumbent L C Goyal, who sought voluntary retirement after taking over the charge seven months ago.

Chinese brokers woken from global dreams by market emergency

Chinese brokers woken from global dreams by market emergency

Rediff.com9 Jul 2015

Chinese brokers had been looking to use some of the cash they raised this year to expand their global reach

More states to replicate Kerala's all-women taxi

More states to replicate Kerala's all-women taxi

Rediff.com16 Dec 2014

Kerala's she-taxi to reach other cities as well.

The babu who planned demonetisation

The babu who planned demonetisation

Rediff.com20 Nov 2017

'GST had to come close on the heels of demonetisation as part of the same package.'

A Qute option for Indian roads

A Qute option for Indian roads

Rediff.com17 Jun 2018

The Qute infant of the four-wheel world is Bajaj Auto's quadricycle. The Qute infant of the four-wheel world is Bajaj Auto's quadricycle. It is finally set to hit the India roads but the challenge of creating a new category in the competitive automobile market has only just begun.

India, Thailand to forge close ties in defence, cyber security, economy

India, Thailand to forge close ties in defence, cyber security, economy

Rediff.com17 Jun 2016

Thailand expressed interest in the Indian defence industry and its experience and expertise in the field of defence R&D and production. Modi welcomed Thai investments in India in the potential areas under the 'Make in India' initiative, especially in the manufacturing sector, infrastructure development, tourism and hospitality facilities.

Want a Central government job?

Want a Central government job?

Rediff.com21 Jul 2016

Here are some tips to help you crack the Staff Selection Commission Combined Graduate Level Examination.

Sebi to get sweeping powers while probing insider trading cases

Sebi to get sweeping powers while probing insider trading cases

Rediff.com12 Jun 2013

Sebi's plea for such powers has been endorsed by the finance ministry.

Online gold trading will soon be a reality

Online gold trading will soon be a reality

Rediff.com6 Feb 2018

BSE proposes two models for making gold trading and investment transparent

The A to Z of 2020

The A to Z of 2020

Rediff.com31 Dec 2020

We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.

Fast-forward Modi govt leaves babus huffing & puffing

Fast-forward Modi govt leaves babus huffing & puffing

Rediff.com22 Sep 2014

Bureaucrats are finding it difficult to keep pace with Modi's working style -- from long work hours to faster clearance of files -- it is a telling tale in the corridors of power. Vrishti Beniwal finds out

'Aadhaar is empowerment, not Big Brother'

'Aadhaar is empowerment, not Big Brother'

Rediff.com20 Apr 2018

In order for somebody to do Big Brother kind of a job, one has to collect lots of data. Aadhaar collects very minimal data whether at the time of enrollment or at the time of authentication.

Aircel-Maxis case: Chidambaram appears before ED, grilled for 6 hours

Aircel-Maxis case: Chidambaram appears before ED, grilled for 6 hours

Rediff.com5 Jun 2018

The agency recorded his statement under the Prevention of Money Laundering Act with some specific queries on the circumstances and procedures adopted by the now-defunct Foreign Investment Promotion Board while giving approval to the Aircel-Maxis deal during his tenure.

5 key challenges that Shaktikanta Das faces as RBI guv

5 key challenges that Shaktikanta Das faces as RBI guv

Rediff.com12 Dec 2018

A staunch defender of demonetisation, it would be interesting to see how he handles the government's increasing demand for more cash from the RBI, and letting some weak banks get out of prompt corrective action.

The 'C' word India needs (and it's not cashless)

The 'C' word India needs (and it's not cashless)

Rediff.com13 Jan 2017

Cashless transactions need ubiquitous connectivity, which we don't have. And connectivity needs political and administrative convergence, says Shyam Ponappa.

Why our fiscal maths could go awry

Why our fiscal maths could go awry

Rediff.com3 Oct 2017

Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.

Cabinet note on Abu Dhabi bilateral to be amended

Cabinet note on Abu Dhabi bilateral to be amended

Rediff.com4 Jul 2013

UAE's promise of $50-bn investment in Indian infra won't be included.

The carrot for tax compliance

The carrot for tax compliance

Rediff.com21 Oct 2013

Experts say only three per cent individuals pay taxes.

Govt may cut excise duty on petrol, diesel soon

Govt may cut excise duty on petrol, diesel soon

Rediff.com10 May 2018

India is the second largest buyer of Iranian crude, after China.

How India can boost infrastructure projects

How India can boost infrastructure projects

Rediff.com12 Jul 2016

To attract capital into infrastructure projects, the ratings system needs a fresh look.

SEZs: IT majors wait for Mamata's change of heart

SEZs: IT majors wait for Mamata's change of heart

Rediff.com28 Jun 2016

In 2011, the Trinamool manifesto had said, the government would not allow SEZs in West Bengal, to protect multi-crop lands.

After OROP, another demand taking shape within armed forces

After OROP, another demand taking shape within armed forces

Rediff.com15 Sep 2015

The military will now demand further pay and promotion parity with civilians

Who will bell the Ponzi schemes?

Who will bell the Ponzi schemes?

Rediff.com16 Nov 2015

Even Delhi does not have a full-time registrar of chits.

What a future India-Pakistan war may look like

What a future India-Pakistan war may look like

Rediff.com14 Nov 2019

'Any conventional conflict could trigger a nuclear war with results that neither India nor Pakistan could survive easily.' >A revealing excerpt from Shuja Nawaz's The Battle For Pakistan: The Bitter US Friendship And A Tough Neighbourhood.

Plea in SC against ban on Rs 500, Rs 1,000 notes

Plea in SC against ban on Rs 500, Rs 1,000 notes

Rediff.com9 Nov 2016

The PIL, which could be listed for hearing during the week, termed Tuesday's notification of department of economic affairs and the finance ministry as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes to legitimate notes to avoid "large scale mayhem, life-threating difficulties".

'IT employees are scared to join a trade union'

'IT employees are scared to join a trade union'

Rediff.com30 May 2017

'They feel if they join a union, it will have a negative impact on their appraisals.'

Modi@1: Running out of luck on the economy

Modi@1: Running out of luck on the economy

Rediff.com21 May 2015

After one year in power, Prime Minister Narendra Modi is pretty much on the back foot, even if he continues to display bravado in his public pronouncements. He knows within his heart that he has wasted a lot of his political capital without getting much in return, says M K Venu.

RBI likely to cut rates in September, GDP growth steady, says a poll

RBI likely to cut rates in September, GDP growth steady, says a poll

Rediff.com28 Aug 2015

Twelve of the 21 economists polled doubted whether the government could roll out the tax before the next fiscal year begins in April.

Land acquisition law may be eased for PPP projects

Land acquisition law may be eased for PPP projects

Rediff.com5 Nov 2014

Need for consent of affected families and social-impact assessment could go.