News for 'Department of Economic'

Lok Sabha elections as good as rigged: Jean Dreze

Lok Sabha elections as good as rigged: Jean Dreze

Rediff.com14 Apr 2024

Development economist Jean Dreze said the Indian democracy is currently navigating a crisis that is not only limited to the 'recent wave of authoritarianism' but also suppression of opposition voices by the ruling Bharatiya Janata Party.

What changes new Telecom Bill will bring

What changes new Telecom Bill will bring

Rediff.com22 Dec 2023

Officials said the bill has provided a clear legal basis for spectrum allocation, which till now was allocated or auctioned by the government based on the interpretation of various laws and judgements.

Rs 900 Crores Cyber Scams Prevented!

Rs 900 Crores Cyber Scams Prevented!

Rediff.com6 Dec 2023

...benefiting 350,000 persons. Also, Trai detected and blocked seven million mobile phone connections involved in cyber fraud and suspicious activities.

Upbeat Delhi Capitals take on struggling Mumbai Indians

Upbeat Delhi Capitals take on struggling Mumbai Indians

Rediff.com26 Apr 2024

An upbeat Delhi Capitals will look to keep the winning momentum going against an inconsistent Mumbai Indians when the two sides square off in the IPL in New Delhi on Saturday.

Stimulus package for economic revival 'inadequate': Par panel

Stimulus package for economic revival 'inadequate': Par panel

Rediff.com28 Jul 2021

The stimulus package announced by the government for the revival of the pandemic-hit economy has been found to be "inadequate", according to a Parliamentary panel report. The report of the department-related Parliamentary Standing Committee on Industry on the impact of COVID-19 pandemic on micro, small and medium enterprises (MSME) sector has noted that in the process of economic recovery post-first wave of the pandemic, the second wave has even more vigorously ripped the economy particularly the MSME sector. "The committee observes that the stimulus package announced by the government for the economic revival from the pandemic hit economy has been found to be inadequate as the measures adopted were more of loan offering and long-term measures instead of improving the cash flow to generate demand as immediate relief," it said.

Tax raids find Rs 225 cr, Modi vows to return money 'looted from public'

Tax raids find Rs 225 cr, Modi vows to return money 'looted from public'

Rediff.com9 Dec 2023

With the Income Tax department recovering over Rs 225 crore cash during a series of raids on an Odisha-based distillery group on charges of tax evasion, Prime Minister Narendra Modi on Friday assured the people that the money looted from the public will be returned.

Why This 2-Time MP Won't Contest Polls

Why This 2-Time MP Won't Contest Polls

Rediff.com2 Feb 2024

'If businessmen should be included in the political process -- which is essential in my opinion -- they need to have the freedom to express themselves and to take stands against the government of the day, without fear of reprisals and attacks on their business.'

PM now resorting to hate speech, lies: Cong hits back

PM now resorting to hate speech, lies: Cong hits back

Rediff.com22 Apr 2024

The Congress on Sunday hit back at Prime Minister Narendra Modi over his 'redistribution of wealth' remarks targeting the party, saying after facing 'disappointment' in the first phase of Lok Sabha polls, the PM has now resorted to 'lies' and 'hate speech' to divert people from the real issues.

Cooperate fully with Canadian probe into Nijjar killing, Blinken urges India

Cooperate fully with Canadian probe into Nijjar killing, Blinken urges India

Rediff.com29 Sep 2023

External Affairs Minister S Jaishankar on Friday said that the Canadian allegations with regard to the death of a Khalistani separatist was discussed during his meeting with the Secretary of State Tony Blinken a day earlier and noted that the two delegations came out better informed after the meeting.

Neighbourhood First At Modi's Swearing-In

Neighbourhood First At Modi's Swearing-In

Rediff.com9 Jun 2024

Engagement with neighbours is a strategic imperative, and not an option, asserts Rup Narayan Das.

Chinese FM to visit US from Oct 26 to 28 ahead of Biden-Xi meet next month

Chinese FM to visit US from Oct 26 to 28 ahead of Biden-Xi meet next month

Rediff.com24 Oct 2023

Blinken will host his Chinese counterpart in Washington from October 26-28, the state department said in a press release on Monday.

Israel sends new Ambassador to India

Israel sends new Ambassador to India

Rediff.com18 Dec 2023

The Israeli government on Sunday approved the appointment of Reuven Azar as the new Ambassador to India.

How The Heat Wave Will Affect Your Kitchen

How The Heat Wave Will Affect Your Kitchen

Rediff.com2 May 2024

Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.

Day after caste survey, Bihar announces 10 pc EWS quota in legal services

Day after caste survey, Bihar announces 10 pc EWS quota in legal services

Rediff.com3 Oct 2023

The Nitish Kumar government in Bihar on Tuesday announced 10 per cent reservation for economically weaker sections (EWS) in the judicial services, and the state-run law colleges and universities.

Abe Shinzo: A giant departs Japanese politics

Abe Shinzo: A giant departs Japanese politics

Rediff.com29 Aug 2020

'There shall be no change in India-Japan ties,' predicts Rajaram Panda.

Will launch 55-day hunger strike outside EC office if..., warns Mamata

Will launch 55-day hunger strike outside EC office if..., warns Mamata

Rediff.com15 Apr 2024

While addressing a rally at Alipurduar, Banerjee accused the Election Commission of removing the deputy inspector general of police of Murshidabad at the behest of the BJP.

Govt seeks India Inc's view on economic revival

Govt seeks India Inc's view on economic revival

Rediff.com22 Apr 2020

Officers across departments and ministries have been asked to speak to people across sectors for 'SWOT' analysis of issues for revival of the economy.

On February 1, Sitharaman will equal Morarji Desai's record

On February 1, Sitharaman will equal Morarji Desai's record

Rediff.com26 Jan 2024

Finance Minister Nirmala Sitharaman will set a record by presenting the sixth Budget in a row -- 5 annual Budgets and one interim -- a feat achieved so far only by former Prime Minister Morarji Desai. With the presentation of interim Budget on February 1, Sitharaman will surpass the records of her predecessors like Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, who had presented five budgets in a row. Desai, as Finance Minister, had presented five annual Budgets and one interim Budget between 1959-1964. The interim Budget 2024-25 to be presented by Sitharaman on February 1, will be a vote-on-account that will give the government authority to spend certain sums of money till a new government comes to office after the April-May general elections.

Free Divestment From Finance Ministry

Free Divestment From Finance Ministry

Rediff.com21 Mar 2024

The new government that presents the full Budget for 2024-2025 in July should be ready to restructure the way divestment is managed and implemented, proposes A K Bhattacharya.

Charan Singh opposed Nehru's socialist economy

Charan Singh opposed Nehru's socialist economy

Rediff.com9 Feb 2024

Chaudhary Charan Singh, who on Friday was conferred with India's highest civilian award Bharat Ratna, is popularly known as a champion of farmers.

Nipah alert in Kerala's Kozhikode after 2 'unnatural' deaths

Nipah alert in Kerala's Kozhikode after 2 'unnatural' deaths

Rediff.com12 Sep 2023

Deaths due to Nipah virus infection were reported in Kozhikode district in 2018 and 2021.

'Middlemen' part of Shinde's Davos delegation: Aaditya

'Middlemen' part of Shinde's Davos delegation: Aaditya

Rediff.com15 Jan 2024

Former Maharashtra minister and Shiv Sena-Uddhav Balasaheb Thackeray leader Aaditya Thackeray on Monday claimed nearly '50 people', including 'some middlemen' and personal assistants, will be part of the delegation that will travel with Chief Minister Eknath Shinde for the World Economic Forum (WEF) gathering in Davos, Switzerland.

Govt likely to tweak SEZ rules for better land use

Govt likely to tweak SEZ rules for better land use

Rediff.com4 May 2023

With the fate of the Development Enterprise and Services Hub (DESH) Bill in limbo, the commerce department is working towards tweaking some rules under the existing special economic zone (SEZ) law to allow use of unutilised spaces in IT/ITES for non-SEZ purposes. The move, when implemented, will free-up the land area that is not in demand through partial de-notification of certain floors or buildings, thereby allowing easier exit. "The department of commerce is discussing the matter with the revenue department before making changes in the Special Economic Zone Act, 2005," a person aware of the matter

Rat miner rejects another house offered in Delhi

Rat miner rejects another house offered in Delhi

Rediff.com2 Mar 2024

"On Friday night, four government officers, including an SDM, came and offered me a house in Dilshad Garden but I refused to accept it as they wanted me to shift on a temporary basis," Hassan said.

Happy and proud: Nobel Economics prize winner's mother

Happy and proud: Nobel Economics prize winner's mother

Rediff.com14 Oct 2019

"I am very happy and proud of his achievements. I am yet to speak to him. I think he must be sleeping as it's still night in the United States," she said.

Delhi Capitals Vs Rajasthan Royals: Who Bowled The Best Spell?

Delhi Capitals Vs Rajasthan Royals: Who Bowled The Best Spell?

Rediff.com29 Mar 2024

Avesh or Chahal? Whose bowling impressed you most?

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

Rediff.com17 Dec 2023

In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.

PICS: CSK down RR to keep play-off hopes alive

PICS: CSK down RR to keep play-off hopes alive

Rediff.com12 May 2024

Images from the IPL match between Chennai Super Kings and Rajasthan Royals in Chennai on Sunday.

5 Mistakes First-Time Entrepreneurs Must Avoid

5 Mistakes First-Time Entrepreneurs Must Avoid

Rediff.com12 Mar 2024

To take the 'Idea to Enterprise' journey, you need to be open about your idea and articulate it to potential customers, existing entrepreneurs, experts in your industry and well-wishers.

Moody's ups India's growth forecast to 6.7% for 2023

Moody's ups India's growth forecast to 6.7% for 2023

Rediff.com1 Sep 2023

Moody's Investors Service on Friday raised India's growth projection for 2023 calendar year to 6.7 per cent on account of robust economic momentum. "Strong services expansion and capital expenditures propelled India's 7.8 per cent real GDP growth in the second (April-June) quarter from a year ago. "We have accordingly raised our 2023 calendar year growth forecast for India from 5.5 per cent to 6.7 per cent," Moody's said in its Global Macro Outlook. - el nino

Govt enhances financial powers of ministers, departments

Govt enhances financial powers of ministers, departments

Rediff.com28 Jun 2016

Projects worth Rs 500 crore and above and up to Rs 1,000 crore can be cleared by the Finance Minister.

CSK vs KKR: Who Bowled The Best Spell?

CSK vs KKR: Who Bowled The Best Spell?

Rediff.com9 Apr 2024

Jadeja, Deshpande, Fizz were CSK's stars on Monday.

Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

Rediff.com25 Dec 2023

With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales on stock exchanges over outright privatisation. The result -- the divestment target for current fiscal year is again likely to be missed. Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are already on the backburner and analysts feel meaningful privatisation can happen only after April/May general elections.

Modi's 'redistribution' charge against Cong gets Pitroda's booster

Modi's 'redistribution' charge against Cong gets Pitroda's booster

Rediff.com25 Apr 2024

In his poll rallies, Modi framed Pitroda's comments in his wider onslaught against the Congress, asserting that they have exposed its hidden agenda and that the party has become so removed from the country's social and family values that it wants to legally rob people of their assets and lifelong savings they want to bequeath to their children.

KKR Vs SRH: The Best Batters!

KKR Vs SRH: The Best Batters!

Rediff.com24 Mar 2024

Who do you think was the best batters of the KKR-SRH game?

Govt readying a real-time master list of economic offenders

Govt readying a real-time master list of economic offenders

Rediff.com1 Aug 2018

Officials say that such a list, to be updated on a real-time basis, will serve as a ready reckoner in identifying those committing multiple economic offences

Met the 'Department of Big Moves'?

Met the 'Department of Big Moves'?

Rediff.com22 Jan 2019

This whirlwind of activity only confirms that rushing around creating an impression of pompous busy-ness is not the same thing as solving problems, argues Mitali Saran.

Jaishankar-Blinken meet in DC, remain tight-lipped on Nijjar killing row

Jaishankar-Blinken meet in DC, remain tight-lipped on Nijjar killing row

Rediff.com29 Sep 2023

India and the US agreed to continue their cooperation in the areas of defence, space and clean energy as External Affairs Minister S Jaishankar met Secretary of State Antony Blinken here, amid a simmering diplomatic row between India and Canada over the killing of a Khalistani separatist.

'Ministers lost because of their arrogance'

'Ministers lost because of their arrogance'

Rediff.com5 Dec 2023

'Once elected, you have to act like people's representative for the full five years or else people show you your place.'

'There's a de-emphasis on divestment'

'There's a de-emphasis on divestment'

Rediff.com12 Feb 2024

'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.'