News for 'Department of Economic'

'If Manipur's unity is affected, India's unity gets affected'

'If Manipur's unity is affected, India's unity gets affected'

Rediff.com5 Jun 2023

'If Manipur is divided on ethnic lines, similar demands will come in other states also.'

Modi leaves for Tokyo to attend Abe Shinzo's state funeral

Modi leaves for Tokyo to attend Abe Shinzo's state funeral

Rediff.com26 Sep 2022

Prime Minister Narendra Modi will join several global leaders to pay tributes to Japan's slain former prime minister Shinzo Abe at his state funeral in Tokyo on Tuesday.

MCD polls: BJP promises houses for slum dwellers

MCD polls: BJP promises houses for slum dwellers

Rediff.com10 Nov 2022

Polling for the municipal elections in Delhi will be held on December 4 and votes will be counted on December 7.

'Biren Singh's BJP government is playing with fire in Manipur'

'Biren Singh's BJP government is playing with fire in Manipur'

Rediff.com18 May 2023

'Had it not been for the complicity of the state and Biren Singh's leadership, these riots would not have spread this far and for so long.'

'GST is not the only remedy for all economic ills'

'GST is not the only remedy for all economic ills'

Rediff.com21 Mar 2016

'It is important to improve the quality of spending.'

Lankan police under pressure to arrest Rajapaksa loyalist

Lankan police under pressure to arrest Rajapaksa loyalist

Rediff.com16 May 2022

Sri Lankan police on Monday came under pressure to arrest the Rajapaksa family loyalists involved in attacks on peaceful protesters last week, even as it arrested over 200 people on various charges following the violence that left nine people dead.

The Perils Of Democracy In Pakistan

The Perils Of Democracy In Pakistan

Rediff.com26 May 2023

Pakistan still has to acquire the patience you need in a democracy. The patience to accept that even if I do not like the government I have, I must wait till the next election to change it, explains Shekhar Gupta.

Rs 62,000 Crore GST Evasion Detected

Rs 62,000 Crore GST Evasion Detected

Rediff.com26 Dec 2022

'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'

'Deeply concerned' about security of Chinese in Pakistan, Xi tells Sharif

'Deeply concerned' about security of Chinese in Pakistan, Xi tells Sharif

Rediff.com2 Nov 2022

On his maiden visit to Beijing, Pakistan Prime Minister Shehbaz Sharif held talks with Chinese President Xi Jinping during which the two leaders agreed to strengthen the all-weather friendship and the USD 60 billion China-Pakistan Economic Corridor (CPEC).

Why the global economic slump refuses to end

Why the global economic slump refuses to end

Rediff.com19 Feb 2016

'Chinese real GDP growth is 7.1% and India's is 7.4%'.

Airtel to launch 5G services by end-August

Airtel to launch 5G services by end-August

Rediff.com4 Aug 2022

Telecom operator Bharti Airtel will start rolling out 5G services later this month as it signed requisite agreements with Ericsson, Nokia and Samsung. At the recently held much-awaited spectrum auction for 5G services by the Department of Telecom, Airtel bid for and acquired 19867.8 MHZ spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz, and 26 GHz frequencies. "We are delighted to announce that Airtel will commence roll out of 5G services in August.

Joshimath Tourism Industry Stares At Sinking Fortunes

Joshimath Tourism Industry Stares At Sinking Fortunes

Rediff.com11 Jan 2023

The tourism industry plays a vital role in the town, accounting for 70 per cent of its economy, according to experts.

Worried About Losing Your Job?

Worried About Losing Your Job?

Rediff.com20 Dec 2022

The first step to keeping your job safe, experts tell Rediff.com's Divya Nair, is understanding why layoffs happen.

Govt reshuffles bureaucrats, Air India chairman is aviation secretary

Govt reshuffles bureaucrats, Air India chairman is aviation secretary

Rediff.com22 Sep 2021

Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.

Why Is Fadnavis Targeting Sharad Pawar?

Why Is Fadnavis Targeting Sharad Pawar?

Rediff.com27 Feb 2023

Friendship with Ajit Pawar and the eventual destruction of the NCP can only strengthen him and the BJP.

Amid protests, 5 Kashmiri Pandit employees transferred to Jammu

Amid protests, 5 Kashmiri Pandit employees transferred to Jammu

Rediff.com30 Jul 2022

The Jammu and Kashmir administration has transferred five Kashmiri Pandit employees from Kashmir to Jammu, a step welcomed by the community members who have been on a strike for over two months in support of the demand for their relocation over safety concerns.

Finmin reimposes spending curbs on ministries, depts for Q2

Finmin reimposes spending curbs on ministries, depts for Q2

Rediff.com1 Jul 2021

The finance ministry on Wednesday reimposed expenditure curbs on ministries and government departments for July-September quarter. There will be no spending restrictions on the ministries of health, rural development, agriculture, MSME (micro, small and medium enterprises) and railways as part of a two-pronged strategy. "The existing guidelines for expenditure control have been reviewed. "Keeping in view the evolving situation arising out of Covid-19 and anticipated cash position of the government, it is felt essential to regulate Quarterly Expenditure Plan (QEP)/Monthly Expenditure Plan (MEP) of specific ministries/departments for July-September, 2021," the Department of Economic Affairs in the finance ministry said in a notification.

Egypt's strategic partnership for India, highest award for Modi

Egypt's strategic partnership for India, highest award for Modi

Rediff.com25 Jun 2023

El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

Modi to attend 3 key sessions at G20 summit in Bali

Modi to attend 3 key sessions at G20 summit in Bali

Rediff.com13 Nov 2022

The prime minister will leave for the Indonesian city of Bali on Monday on a three-day visit to attend the summit that is expected to deliberate extensively on pressing global challenges including the Ukraine conflict and its implications.

Love. Crime. Disaster: Your OTT Menu

Love. Crime. Disaster: Your OTT Menu

Rediff.com9 Dec 2022

Acclaimed movies, hit movies, social movies, star-studded movies, scary movies and shows galore, you certainly won't be starved for entertainment on OTT this week.

BJP on verge of setting new election records in Gujarat, Himachal

BJP on verge of setting new election records in Gujarat, Himachal

Rediff.com8 Dec 2022

When the votes get counted for the assembly elections in Gujarat and Himachal Pradesh, the ruling Bharatiya Janata Party will be hoping to set a few new records.

Who Will Admit To Committing Fraud?

Who Will Admit To Committing Fraud?

Rediff.com27 Apr 2023

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.

Now, taxpayers can file updated returns within 2 years

Now, taxpayers can file updated returns within 2 years

Rediff.com1 Feb 2022

Currently, if the IT department finds out that some income has been missed out by the assessee, it goes through a lengthy process of adjudication, and the new proposal would repose trust in the taxpayer.

Protesters clash inside Sri Lankan PM's residence, 10 hurt

Protesters clash inside Sri Lankan PM's residence, 10 hurt

Rediff.com12 Jul 2022

At least 10 persons were admitted to the National Hospital after the confrontation between protesters who have currently been staying inside the prime minister's official residence, the Colombo Post news portal reported.

Over 1000 killed, 1500 injured as powerful earthquake hits Afghanistan

Over 1000 killed, 1500 injured as powerful earthquake hits Afghanistan

Rediff.com22 Jun 2022

The US Geological Survey said the quake struck about 44 km (27 miles) from the city of Khost in southeastern Afghanistan and was at a depth of 51 km.

Rs 4315 cr provided for creating more seats, SC hearing on EWS quota told

Rs 4315 cr provided for creating more seats, SC hearing on EWS quota told

Rediff.com27 Sep 2022

The decision to grant 10 per cent EWS quota in admissions will not impact the availability of seats for the general and reserved categories as 2,13,766 additional seats will be added to those already existing in higher educational institutions, the Centre Tuesday told the Supreme Court while defending the 103rd constitution amendment.

Tarun Bajaj posted as revenue secretary in IAS reshuffle

Tarun Bajaj posted as revenue secretary in IAS reshuffle

Rediff.com6 Apr 2021

Senior bureaucrat Tarun Bajaj was appointed revenue secretary as part of a top-level bureaucratic reshuffle by the Centre on Tuesday.

How a tortoise made due diligence process NPA-free

How a tortoise made due diligence process NPA-free

Rediff.com28 Dec 2022

Only NIIF has stayed the course as a viable infrastructure financing institution.

Ukraine war poses upside risk to inflation: FinMin

Ukraine war poses upside risk to inflation: FinMin

Rediff.com16 Mar 2022

The finance ministry said on Tuesday that high energy and commodity prices due to the Russian invasion of Ukraine may provide an upside risk to inflation and continued vigil is required. "Going forward, elevated energy and commodity prices may act as an upside risk to the inflation outlook in the near-medium term. "Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with an increase in supplies outside the crisis zone," the department of economic affairs said in its latest monthly economic report for February.

Adani Ports junks Myanmar plans

Adani Ports junks Myanmar plans

Rediff.com27 Oct 2021

Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has decided to exit its investment in Myanmar by June next year. APSEZ, the largest port developer in India, is part of the globally diversified Adani Group. "The Board has decided to actively work on a plan on exiting Company's investment in Myanmar including divestment opportunities (expected to be concluded by March - June 2022)," APSEZ said in notes to its second quarter results.

Gujarat look to fix batting woes against MI

Gujarat look to fix batting woes against MI

Rediff.com5 May 2022

The likes of skipper Hardik Pandya, David Miller, Rahul Tewatia and Rashid Khan, who had produced stellar performances and played a key role in GT's success so far, have floundered against Punjab.

Landslide threat to Uttarakhand highway stretch increases: Scientists

Landslide threat to Uttarakhand highway stretch increases: Scientists

Rediff.com17 Jan 2023

The study conducted a systematic survey of landslides and derived a statistical model, aimed at quantifying landslide susceptibility along the NH-7 at a high spatial resolution, the findings said.

'We are closing loopholes exploited by highest level of taxpayers'

'We are closing loopholes exploited by highest level of taxpayers'

Rediff.com3 Feb 2023

'...Market-linked debentures, high-value insurance, exemptions from capital gains by investment in real estate, etc.' 'So, there are a number of measures directed at collecting a fair share from higher income individuals.'

As Israel erupts in protest, Netanyahu urges agitators to behave responsibly

As Israel erupts in protest, Netanyahu urges agitators to behave responsibly

Rediff.com27 Mar 2023

Israel's President Isaac Herzog on Monday appealed to Prime Minister Benjamin Netanyahu to immediately halt his controversial judicial overhaul, warning that the move has put the country's security, economy and society under threat.

Hijab row: K'taka schools reopen on Monday, CM confident of peace

Hijab row: K'taka schools reopen on Monday, CM confident of peace

Rediff.com13 Feb 2022

He also said that a decision regarding reopening of pre-university and degree colleges will be taken after assessing the situation.

Do we need so many income tax staffers?

Do we need so many income tax staffers?

Rediff.com11 Aug 2021

The preliminary processing of tax returns is already undertaken with the help of technology. There is now greater scope of using more technology to reduce the human interface even further, notes A K Bhattacharya.

Aviation majors in fray to operate copter taxis in Uttar Pradesh

Aviation majors in fray to operate copter taxis in Uttar Pradesh

Rediff.com9 Aug 2022

After launching expressway projects worth almost Rs 1 trillion, the Uttar Pradesh government is now betting big on the aviation sector to propel the state's economic growth. Air travel, comprising both business and leisure, is expected to give a fillip to the socioeconomic landscape by attracting fresh investment. It would also ramp up infrastructure and create jobs.

El Nino, Iraq crisis may hamper economic recovery: Survey

El Nino, Iraq crisis may hamper economic recovery: Survey

Rediff.com10 Jul 2014

Monetary Policy- Easing expected to happen later this financial year.

How drones can give wings to farmers

How drones can give wings to farmers

Rediff.com13 Nov 2022

So far, the drones that were considered important for the agriculture sector were nature-made winged-insects - a key component of the bee-based natural pollination cycle. The new-age drone is a whirring machine with rotors that can help farmers plan and grow and manage their crops. For the farm sector in India, which has had low levels of mechanisation, the impact of drones can be tremendous. The use of drones can help it leapfrog to modernisation in the same way that mobile phones helped India overcome its traditional lack of connectivity.