News for 'Department of Economic'

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.

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.

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?

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.

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.

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

Economics Nobel for India-born Abhijit Banerjee, Esther Duflo, M Kremer

Economics Nobel for India-born Abhijit Banerjee, Esther Duflo, M Kremer

Rediff.com14 Oct 2019

Banerjee, 58, was educated at the University of Calcutta, Jawaharlal Nehru University and Harvard University, where he received his Ph.D in 1988. He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology.

Momentum of economic reforms will continue: Sitharaman

Momentum of economic reforms will continue: Sitharaman

Rediff.com23 Nov 2020

Finance Minister Nirmala Sitharaman on Monday assured the industry that momentum of economic reforms will continue to make India a hotspot of global investment. India has turned the crisis created by COVID-19 pandemic into an opportunity to push the economic reforms, which remained pending for decades, she said while addressing the National MNC's Conference 2020 organised by industry chamber CII.

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.

Rollout of new PLIs unlikely as govt eyes 'course correction'

Rollout of new PLIs unlikely as govt eyes 'course correction'

Rediff.com14 Oct 2023

The government has decided to hold off introducing the production-linked incentive (PLI) scheme for additional sectors until it verifies the efficacy of existing initiatives. Top government officials have received mixed feedback on the scheme, including insights from the Economic Advisory Council to the Prime Minister, people aware of the matter said. "There are no new PLI schemes in the offing.

'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.'

70 lakh mobile numbers involved in financial frauds disconnected

70 lakh mobile numbers involved in financial frauds disconnected

Rediff.com28 Nov 2023

To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.

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.

'Absolutely believe it was a success': US on G20 Summit in Delhi

'Absolutely believe it was a success': US on G20 Summit in Delhi

Rediff.com12 Sep 2023

The US hails the landmark 'India-Middle East-Europe Economic Corridor' which will usher in a new era of connectivity from Europe to Asia and will stimulate economic growth across the two continents.

Why is the colour of Economic Survey's cover sky blue?

Why is the colour of Economic Survey's cover sky blue?

Rediff.com4 Jul 2019

The Survey adopts an unfettered approach in thinking about the appropriate economic model for India. This endeavour is reflected in the sky blue cover of the Survey, Chief Economic Adviser Krishnamurthy V Subramanian said.

132,497 Indians Have Income Of 1 Crore Plus

132,497 Indians Have Income Of 1 Crore Plus

Rediff.com6 Nov 2023

7 states account for over 80 per cent of the total direct tax collections by the Union government.

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?

3 redrafted criminal law bills moved in Parl, here's what changed

3 redrafted criminal law bills moved in Parl, here's what changed

Rediff.com12 Dec 2023

The government on Tuesday introduced in Parliament three redrafted bills to replace the existing criminal laws by including various recommendations made by a parliamentary panel.

'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.'

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.

India set to launch first-ever offshore mineral auction in Q1 FY24

India set to launch first-ever offshore mineral auction in Q1 FY24

Rediff.com28 Dec 2023

In a step towards diversifying its resource base and securing green energy minerals, India is poised to launch its first-ever offshore mineral auction in the first quarter of 2024, announced Union Minister of Mines Pralhad Joshi during the launch event of the National Geoscience Data Repository portal. The government plans to hold auctions in March, offering 10-15 blocks for bidding. Meanwhile, the ministry of mines is currently developing rules and regulations for offshore mining.

DU to drop Pak poet Mohammed Iqbal who penned 'saare jahan se achha'

DU to drop Pak poet Mohammed Iqbal who penned 'saare jahan se achha'

Rediff.com27 May 2023

The university's academic council in a meeting on Friday had passed a motion for the removal of the chapter titled Modern Indian Political Thought.

Bibek Debroy retained as chairman of PM's economic council

Bibek Debroy retained as chairman of PM's economic council

Rediff.com26 Sep 2019

Sajjid Chenoy, India economist at JP Morgan is the new part-time member.

Maharashtra passes 10% quota bill for Marathas, leaves OBCs untouched

Maharashtra passes 10% quota bill for Marathas, leaves OBCs untouched

Rediff.com20 Feb 2024

A substantial number of castes and groups are already placed in the reserved category, getting about 52 per cent of reservations altogether. It would be completely inequitable to place the Maratha community in the Other Backward Class (OBC) category, it said.

Economic surveys: A case of hits and misses on GDP numbers

Economic surveys: A case of hits and misses on GDP numbers

Rediff.com5 Feb 2021

Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.

Snowfall, rain hit normal life in Himachal; 720 roads blocked

Snowfall, rain hit normal life in Himachal; 720 roads blocked

Rediff.com2 Feb 2024

As many as 720 roads, including four national highways, in Himachal Pradesh are blocked following snow while 2,243 transformers are disrupted.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

GT Vs LSG: Who Bowled Best? Vote!

GT Vs LSG: Who Bowled Best? Vote!

Rediff.com8 Apr 2024

The packed Ekana stadium may not have witnessed massive sixes, but the home fans saw some brilliant bowling.

Govt posts Manipur cadre officer as aviation secretary, rejigs bureaucracy

Govt posts Manipur cadre officer as aviation secretary, rejigs bureaucracy

Rediff.com1 Sep 2023

The Centre has appointed senior IAS officers Vumlunmang Vualnam and Neeraj Mittal as new secretaries in the ministry of civil aviation and the department of telecommunications respectively in a major secretary-level bureaucratic reshuffle, a government order stated.

IPL PIX: Jadeja's all-round show powers CSK to win

IPL PIX: Jadeja's all-round show powers CSK to win

Rediff.com5 May 2024

Ravindra Jadeja's superb all-rounder show powered Chennai Super Kings to a thumping 28-run victory against Punjab Kings.

Abhijit Banerjee, 2nd Presidency alumni to win Nobel in Economics

Abhijit Banerjee, 2nd Presidency alumni to win Nobel in Economics

Rediff.com14 Oct 2019

Amartya Sen was the other Presidency alumni to win the Economics Nobel. Banerjee won the 2019 Nobel Economics Prize along with two others - his wife Esther Duflo and Michael Kremer on Monday "for their experimental approach to alleviating global poverty."

AMCs' contribution to backstop fund for debt MFs tops target

AMCs' contribution to backstop fund for debt MFs tops target

Rediff.com29 Nov 2023

The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.

Nirmalaji Makes Her Point To The US

Nirmalaji Makes Her Point To The US

Rediff.com12 Apr 2023

Finance Minister Nirmala Sitharaman on Tuesday, April 11, 2023, met with US Treasury Secretary Janet Yellen in Washington, DC.

Demonetisation: Why Did RBI Protect Modi?

Demonetisation: Why Did RBI Protect Modi?

Rediff.com17 Nov 2023

Events proved that on every count the RBI had accurately predicted both the damage and the lack of benefit. What the RBI was hiding was the fact that Modi had ignored its concerns -- all of which turned out to be true -- and gone ahead anyway, asserts Aakar Patel.

Delhi Police gave us no FIR, neither reveal offences: NewsClick

Delhi Police gave us no FIR, neither reveal offences: NewsClick

Rediff.com4 Oct 2023

"What we have been able to gather is that Newsclick stands accused of offences under the Unlawful Activities Prevention Act (UAPA), for purportedly carrying Chinese propaganda on its website. All devices, laptops, gadgets, phones, etc have been seized in the past. All emails and communications have been analysed under the microscope," the statement by NewsClick read.

Divestment department gets a fancy name 'Dipam' but wings clipped

Divestment department gets a fancy name 'Dipam' but wings clipped

Rediff.com2 Mar 2016

The guidelines for strategic disinvestment were issued on Monday itself when Finance Minister Arun Jaitley presented the Union Budget for 2016-17.

'Many Indian unicorns have set up businesses in Dubai'

'Many Indian unicorns have set up businesses in Dubai'

Rediff.com16 Sep 2023

'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'

Beware! The Yellow Dragon Is Awake!

Beware! The Yellow Dragon Is Awake!

Rediff.com2 Nov 2023

Throughout 2022, China turned to the PLA as an increasingly capable instrument of Statecraft, strengthening its ability to 'fight and win wars' against a 'strong enemy', points out Ajai Shukla.

Tax Collections May Exceed Budget Estimates

Tax Collections May Exceed Budget Estimates

Rediff.com15 Nov 2023

Taking both direct and indirect taxes, the gross collection is expected to grow 10.45 per cent to Rs 33.61 trillion in 2023-2024.

'You can never write off Arvind Kejriwal'

'You can never write off Arvind Kejriwal'

Rediff.com26 Mar 2024

'This is the biggest crisis Kejriwal is facing in his life.' 'If he is able to come out of this, then he will have a great future.'