News for 'Department of Economic Services'

Jaitley to sell 'Make in India' at Davos summit

Jaitley to sell 'Make in India' at Davos summit

Rediff.com21 Jan 2015

The Confederation of Indian Industry will organise a round table on investment.

Why Mudra Bank is a major landmark in our growth process

Why Mudra Bank is a major landmark in our growth process

Rediff.com24 Mar 2015

For the first time in our economic history a government has thought about more than 50 per cent of our economic activity instead of the five per cent represented by the Sensex companies, observes IIM-B professor R Vaidyanathan.

Industry lauds govt's move to promote e-auction

Industry lauds govt's move to promote e-auction

Rediff.com30 May 2014

E-auction or e-tendering moves the process of bidding for government contracts completely online, removing most manual procedures and, therefore, creating an accountability trail.

Why RBI should have cut rates

Why RBI should have cut rates

Rediff.com6 Oct 2017

A cut in rates would have encouraged the banks to lend aggressively on the retail front.

Free Basics: A few important questions

Free Basics: A few important questions

Rediff.com6 Jan 2016

In India, the angsting over net neutrality has been loud.

US economy nearly stalls in Q1 as energy prices bite

US economy nearly stalls in Q1 as energy prices bite

Rediff.com29 Apr 2015

U.S. economic growth braked more sharply than expected in the first quarter.

Telecom operators can't make rules for the Internet

Telecom operators can't make rules for the Internet

Rediff.com14 Apr 2015

The Internet is too important to let a few private telecom players decide what the rules will be for consumers, says Rajeev Chandrasekhar, independent member of Parliament who was one of the key petitioners seeking the scrapping of Section 66A of the Information Technology Act.

Save lives, fight air pollution

Save lives, fight air pollution

Rediff.com25 Feb 2015

Air that people breathe in Indian cities is among the worst in the world.

Three things the new RBI governor must focus on

Three things the new RBI governor must focus on

Rediff.com31 Aug 2016

Janmejaya Sinha lays down Urjit Patel's agenda - cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services.

Corporate tax structure needs to be reformed

Corporate tax structure needs to be reformed

Rediff.com19 Feb 2016

Clarity on the roadmap necessary to assess its likely impact on near-term fiscal health and investment.

The only purpose note ban served

The only purpose note ban served

Rediff.com4 Sep 2017

With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?

Modi launches Jan Dhan scheme, 1.5 cr bank accounts opened

Modi launches Jan Dhan scheme, 1.5 cr bank accounts opened

Rediff.com28 Aug 2014

Prime Minister Narendra Modi on Thursday launched his government's mega scheme ' Pradhan Mantri Jan Dhan Yojana', declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor.

MPs raised issues over Jet-Etihad deal with PMO

MPs raised issues over Jet-Etihad deal with PMO

Rediff.com3 Jul 2013

Members of Parliament (MPs) across the political spectrum have written to the Prime Minister's Office (PMO) and the Central Vigilance Commission (CVC), seeking a probe into a stake sale deal between Jet Airways (India) Ltd and Gulf-based carrier Etihad Airways.

Make In India: Expect Rs 12,92,000 crore in actual investment

Make In India: Expect Rs 12,92,000 crore in actual investment

Rediff.com19 Feb 2016

It rained investments on India as the Make In India programme, envisioned by Prime Minister Narendra Modi with a focus on the manufacturing sector, raked in Rs 15,20,000 crore in committed investments.

State of economy: Glass half-empty or half-full?

State of economy: Glass half-empty or half-full?

Rediff.com14 Nov 2017

While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.

US hiring accelerates, jobless rate hits six-year low

US hiring accelerates, jobless rate hits six-year low

Rediff.com4 Oct 2014

The decline bolstered bets that the Federal Reserve will hike interest rates in mid-2015

Sensex slumps 661 points on inflation, growth concerns

Sensex slumps 661 points on inflation, growth concerns

Rediff.com2 Jun 2015

Sensex sinks into red at close on growth concerns.

It's tea with Modi again, this time for bureaucrats

It's tea with Modi again, this time for bureaucrats

Rediff.com1 Nov 2014

The setting is expected to be less structured than the prime minister's introductory mega meeting with top bureaucrats soon after taking charge as PM

The Huge Bihar Scam: Rs 1,000 crore and counting

The Huge Bihar Scam: Rs 1,000 crore and counting

Rediff.com3 Sep 2017

The scam has offered Lalu Prasad an opportunity to point fingers at Nitish Kumar and Sushil Kumar Modi.

Nokia unit may make phones for Microsoft

Nokia unit may make phones for Microsoft

Rediff.com5 Dec 2013

Unions will 'fight to death' if company 'decides' to shut Chennai factory.

Trump outs White House strategist Bannon

Trump outs White House strategist Bannon

Rediff.com18 Aug 2017

Friday is the last day for White House Chief strategist Steve Bannon, a presidential spokesperson said on Friday.

Budget brings tax worries for foreign portfolio investments

Budget brings tax worries for foreign portfolio investments

Rediff.com15 Jul 2014

Portfolio investors based out of the US and other countries with which India does not have favourable tax treaties will have to pay a 15 per cent tax on their derivative transactions, after the Budget decided to classify income from all foreign portfolio investment as capital gains.

Will the market rally sustain?

Will the market rally sustain?

Rediff.com12 May 2015

There are a few factors that can spoil the party

India-US spat: Long journeys are not terminated midway

India-US spat: Long journeys are not terminated midway

Rediff.com20 Dec 2013

'If the Americans believed that India is as strong as China or Russia, would they have shown this scant respect for us,' asks Tarun Vijay, MP. 'An economically strong and militarily powerful India would never have had this experience. Not just the Americans, everyone in this world respects might. China receives respect, India gets the law book.'

The most powerful PMO in India's history

The most powerful PMO in India's history

Rediff.com10 Oct 2017

From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.

The Power of Assured Indian Innovation

The Power of Assured Indian Innovation

Rediff.com25 May 2018

Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.

'Railways will petition regulator for fare changes'

'Railways will petition regulator for fare changes'

Rediff.com19 May 2016

'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'

Corporate espionage: CBI arrests Mumbai-based CA, 2 govt officials

Corporate espionage: CBI arrests Mumbai-based CA, 2 govt officials

Rediff.com13 Mar 2015

The Central Bureau of Investigation on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries in New Delhi and in Mumbai.

Final verdict in Satyam case on April 9

Final verdict in Satyam case on April 9

Rediff.com9 Mar 2015

n February 2009, the CBI took over the investigation.

4 trusted Gujarat babus to join Team Modi

4 trusted Gujarat babus to join Team Modi

Rediff.com2 Apr 2015

All the Gujarat cadre officers have one thing in common. They do not need Modi's 'informal interactions' and advice because they are from the so-called 'Modi school of governance.' They know Modi well enough to perform their assigned roles.

One Rank, One Pension comes at a high cost

One Rank, One Pension comes at a high cost

Rediff.com17 Aug 2015

The full grant of OROP would raise annual military pensions to Rs 75,000 crore, only slightly less than the salary bill of Rs 93,216 crore.

BJP wrestles with populism vs pragmatism debate in K'taka

BJP wrestles with populism vs pragmatism debate in K'taka

Rediff.com23 Nov 2017

Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.

How Railways can pave the way for a Digital India

How Railways can pave the way for a Digital India

Rediff.com5 Mar 2015

Railway Budget is the first indicator of possibly better days

IT cos nervous as Trump gets ready to sign outsourcing killer

IT cos nervous as Trump gets ready to sign outsourcing killer

Rediff.com18 Apr 2017

Trump to sign an executive order aimed at achieving a more skills-based and merit-based immigration system.

Poll debacle: Why Modi needs to worry

Poll debacle: Why Modi needs to worry

Rediff.com13 Dec 2018

'It seemed it was more than an anti-incumbency vote; it was an outright rejection of the BJP by the people after due deliberation and an expression of their disillusionment with Modi's leadership,' says B S Raghavan.

Budget is populist, aims to transform lives of the masses

Budget is populist, aims to transform lives of the masses

Rediff.com2 Mar 2015

Budget is a populist one, wil lbeneift common people

Decision to enhance Abu Dhabi traffic rights in India's interest: Ajit Singh

Decision to enhance Abu Dhabi traffic rights in India's interest: Ajit Singh

Rediff.com4 Jul 2013

Govt gave 36,000 seats per week more than inter-ministerial group's recommendations.

Key changes the new Plan Panel must look into

Key changes the new Plan Panel must look into

Rediff.com30 Sep 2014

The ability and quality of implementation of development initiatives remains India's Achilles' heel.

India, Vietnam sign nuclear-pact, 3 other agreements

India, Vietnam sign nuclear-pact, 3 other agreements

Rediff.com9 Dec 2016

The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.

Retailers rattled by I-Day online sales, plan to petition government

Retailers rattled by I-Day online sales, plan to petition government

Rediff.com10 Aug 2016

Retailer bodies to demand govt action against I-Day sales offers, threaten legal action for breach of FDI rules.