News for 'Department of Economic'

Govt extends ED director S K Mishra's tenure by a year

Govt extends ED director S K Mishra's tenure by a year

Rediff.com17 Nov 2021

The government on Wednesday extended the tenure of Enforcement Directorate Director Sanjay Kumar Mishra by a year till November 18, 2022, days after the Centre brought ordinances to allow ED and Central Bureau of Investigation directors to occupy the office for up to five years.

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

Rediff.com2 May 2022

Prime Minister Narendra Modi said on Monday that the partnership between India and Germany could serve as an example of success in a complex world as the two sides inked several agreements focused on sustainable development under which India would receive USD 10.5 billion assistance by 2030 to boost the use of clean energy.

There Is More To India Than Delhi Or Gujarat!

There Is More To India Than Delhi Or Gujarat!

Rediff.com2 Jun 2022

The Modi government has to embrace the history of Tamil conquests in South East Asia and stop obsessing about Babar/Humayun, argues Colonel Anil A Athale (retd).

UP's Ram temple model gets best R-Day tableau award

UP's Ram temple model gets best R-Day tableau award

Rediff.com28 Jan 2021

Uttar Pradesh's tableau at this year's Republic Day parade was adjudged the best and awarded by Union Minister Kiren Rijiju on Thursday, said the Defence Ministry.

International gang held with 218 kg heroin off Lakshadweep coast

International gang held with 218 kg heroin off Lakshadweep coast

Rediff.com20 May 2022

The operation was jointly carried out by the Indian Coast Guard (ICG) and the Department of Revenue Intelligence (DRI) off Agatti coast in Lakshadweep, sources told PTI.

Govt pins hope on festive months for growth push

Govt pins hope on festive months for growth push

Rediff.com5 Oct 2020

The department of economic affairs, in its Monthly Economic Review for September, said critical reforms undertaken by the government will put India to a strong and sustainable growth path in the long run.

Why Amit Mitra is important to Mamata

Why Amit Mitra is important to Mamata

Rediff.com27 Nov 2021

No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.

Delhi Capitals must overcome batting woes against LSG

Delhi Capitals must overcome batting woes against LSG

Rediff.com30 Apr 2022

Delhi Capitals will expect more from their batters after an underwhelming display in their previous outing, while Lucknow Super Giants are eager to shrug off overdependence on skipper KL Rahul when the teams clash in the IPL match in Mumbai on Sunday.

Blood of Chinese can't be shed in vain: Beijing on Pak blast

Blood of Chinese can't be shed in vain: Beijing on Pak blast

Rediff.com27 Apr 2022

China demanded that the Pakistan should apprehend and punish the perpetrators to the full extent of the law.

One Needs Courage To Do What Prannoy Roy Did

One Needs Courage To Do What Prannoy Roy Did

Rediff.com1 Dec 2022

Even today when news organisations and their owners have stooped before the powers that be when they were only asked to bend, Prannoy is still standing tall, asserts Sanjay Ahirwal, , former managing editor, NDTV Worldwide.

Why Aryan Khan's Case Must Worry Us All

Why Aryan Khan's Case Must Worry Us All

Rediff.com9 Jun 2022

Why did the department and his colleagues not stop this 'rogue' officer from implicating an innocent man while the entire nation was watching for weeks? The answer is they either approved, or disapproved and refused to intervene or they didn't care, notes Aakar Patel.

'Imran has divided the Pakistan army'

'Imran has divided the Pakistan army'

Rediff.com1 Dec 2022

'Many senior officers are unhappy with him, but many lower level officers are still supportive.' 'This is also not something that has happened for a long time. So this is certainly a milestone.'

'Life will always be difficult'

'Life will always be difficult'

Rediff.com28 Dec 2022

'And it always should be.' 'I believe nothing should come easily to anyone because then there is no thrill in it.'

Tejashwi meets Sonia, Left in Delhi, says Bihar model to go all-India

Tejashwi meets Sonia, Left in Delhi, says Bihar model to go all-India

Rediff.com12 Aug 2022

Yadav said all parties have joined hands against the BJP in the Bihar assembly, and added "now this is going to be replicated across the whole country".

Justice Chandrachud appointed Chief Justice of India, will serve 2-year term

Justice Chandrachud appointed Chief Justice of India, will serve 2-year term

Rediff.com17 Oct 2022

He will take oath on November 9, a day after incumbent CJI Justice Uday Umesh Lalit demits office on attaining the age of 65.

RBI okays transfer of Rs 99,122 cr surplus to govt

RBI okays transfer of Rs 99,122 cr surplus to govt

Rediff.com21 May 2021

The Reserve Bank on Friday approved the transfer of Rs 99,122 crore as surplus to the central government for the accounting period of nine months ended March 31.

PNB scam: Court allows confiscation of Nirav Modi's assets

PNB scam: Court allows confiscation of Nirav Modi's assets

Rediff.com8 Jun 2020

The special court, however, did not permit the ED to attach the paintings owned by Modi and seized by the Income Tax department as the Bombay high court had earlier directed for the artworks to be auctioned but the money to be deposited and not disbursed.

Economic growth slows to 5.3% in Sept quarter

Economic growth slows to 5.3% in Sept quarter

Rediff.com28 Nov 2014

Agriculture, which accounts for 14% of GDP grew at 3.2% in the quarter

What Sitharaman did after becoming the finance minister

What Sitharaman did after becoming the finance minister

Rediff.com3 Jun 2019

This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.

1 month of Bharat Jodo: Will Congress gain electorally?

1 month of Bharat Jodo: Will Congress gain electorally?

Rediff.com11 Oct 2022

Party leaders list three clear positive outcomes -- an activated Congress which has hit the ground running leaving the past inertia behind, an interactive top brass which is directly engaging the people, and a mobilised organisation which was dormant for many years.

LIC valuation delay may push IPO plan beyond FY22

LIC valuation delay may push IPO plan beyond FY22

Rediff.com19 Dec 2021

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and the preparatory work is still far from complete. There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official of one of the merchant bankers said. Even after the valuation, there are several regulatory processes that have concluded, the official said.

Budget session of Parliament from Jan 31 to Apr 8

Budget session of Parliament from Jan 31 to Apr 8

Rediff.com15 Jan 2022

The first part of the session will conclude on February 11. After a month-long recess, the part two of the session would begin from March 14 and conclude on April 8.

India's bond slump worse than others, issuance value down 10.1%

India's bond slump worse than others, issuance value down 10.1%

Rediff.com19 Apr 2022

Indian issuers are borrowing lesser through bonds compared to their global peers. The total value of bond issuances was down 10.1 per cent on a rolling 4-quarter basis in March 2022, compared to a similar period in March 2019, shows an analysis of data from tracker Refinitiv, a London Stock Exchange Group (LSEG) business. The four quarters ended March 2019 marked the last full financial year before the pandemic took hold.

Low-pressure system forming over Bay of Bengal may develop into Cyclone Yaas: IMD

Low-pressure system forming over Bay of Bengal may develop into Cyclone Yaas: IMD

Rediff.com20 May 2021

A low-pressure area, set to form over east central Bay of Bengal on May 22, is likely to intensify into a cyclonic storm and strike the Odisha-West Bengal coast on May 26, the Met department said on Thursday, sparking fears of another Amphan-like catastrophe.

Bureaucratic rejig: Health secy gets 3-month extension

Bureaucratic rejig: Health secy gets 3-month extension

Rediff.com26 Apr 2020

The Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, has approved a three-month extension in Sudan's service, beyond the date of her superannuation, i.e. April 30, a personnel ministry order said. She will continue to function as the secretary of the Department of Health and Family Welfare during the period, it said.

Shah, Sitharaman stand tall among ministers

Shah, Sitharaman stand tall among ministers

Rediff.com22 Jul 2021

Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.

The Two Faces of India's Democracy

The Two Faces of India's Democracy

Rediff.com22 Sep 2022

How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.

Assam Accord: Govt forms 8-member panel for implementation

Assam Accord: Govt forms 8-member panel for implementation

Rediff.com2 Oct 2021

The Assam government has set up an eight-member committee to prepare a framework for implementation of all clauses of the 36-year-old Assam Accord, especially the Clause-6 report prepared by a central panel pertaining to protecting the cultural, social and linguistic identity and heritage of the indigenous people, officials said on Saturday.

US toughens stand, slaps sanctions on Putin, other leaders in rare move

US toughens stand, slaps sanctions on Putin, other leaders in rare move

Rediff.com26 Feb 2022

The US, in coordination with allies and partners, continued to forcefully respond to Russia's "unjustified, unprovoked and premeditated" invasion of Ukraine by imposing sanctions on Putin and Lavrov.

Fear of the future provokes mental health crisis

Fear of the future provokes mental health crisis

Rediff.com14 Sep 2020

The young are most vulnerable to self-harm and suicidal ideas at this time.

Budget 2022: Centre may not target sharp fiscal correction

Budget 2022: Centre may not target sharp fiscal correction

Rediff.com28 Dec 2021

While presenting her 2021-22 Union Budget, Finance Minister Nirmala Sitharaman had set a fiscal deficit target of 6.8 per cent of nominal gross domestic product (GDP) against the 2020-21 Revised Estimate of 9.5 per cent. The fiscal correction in the upcoming 2022-23 Union Budget is unlikely to be that steep. Even as discussions among top Budget-makers are ongoing, the fiscal deficit target for 2022-23 may likely be in the range of 6.5-6.8 per cent.

'US Won't Pressure India On Russia'

'US Won't Pressure India On Russia'

Rediff.com27 Oct 2022

'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'

'Congrats Param, you just made sanitation sexy'

'Congrats Param, you just made sanitation sexy'

Rediff.com27 Jun 2022

No prizes for guessing what the BJP's election campaign is going to be, and who will provide important inputs for it.

Ukraine invasion: UK media watchdog revokes Russian channel RT's licence

Ukraine invasion: UK media watchdog revokes Russian channel RT's licence

Rediff.com18 Mar 2022

Ofcom ruled that it did not consider RT's licensee, ANO TV Novosti, 'fit and proper' to hold a UK broadcast licence.

OneWeb inks pact with ISRO commercial arm for launching satellites

OneWeb inks pact with ISRO commercial arm for launching satellites

Rediff.com21 Apr 2022

Bharti group-backed OneWeb and New Space India Limited, the commercial arm of the Indian Space Research Organisation, have entered into an agreement that will help ensure OneWeb completes its satellite launch programme. The first launch with New Space India is expected in 2022 from the Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota. The launches will add to Low Earth Orbit (LEO) satellite communications firm OneWeb's total in-orbit constellation of 428 satellites -- 66 per cent of the planned total fleet -- to build a global network that will deliver high-speed, low-latency connectivity.

Delhi's Covid surge no sign of 4th wave, say health experts

Delhi's Covid surge no sign of 4th wave, say health experts

Rediff.com19 Apr 2022

Though Covid cases are rising in Delhi and its satellite towns, the focus should be on hospital admissions that have remained the same or changed just marginally, say several scientists, underscoring that the uptick is not an indication of a fourth wave in the country at this point.

Railways, India Post not among PSUs to go on sale block

Railways, India Post not among PSUs to go on sale block

Rediff.com6 Feb 2021

The department of investment and public asset management (Dipam) can also seek in-principle approval from the Cabinet Committee on Economic Affairs (CCEA) for strategic divestment of PSUs on a case-to-case basis considering investor appetite and sectoral trends.

Iconic TVS group families start restructuring businesses

Iconic TVS group families start restructuring businesses

Rediff.com12 Feb 2022

As part of the exercise, each family will get complete ownership of the businesses it manages while scrapping the holding company.

UK's PM-in-waiting Liz Truss remains committed to India ties

UK's PM-in-waiting Liz Truss remains committed to India ties

Rediff.com5 Sep 2022

Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.

Jaishankar-Blinken talks focus on Covid relief, LAC situation

Jaishankar-Blinken talks focus on Covid relief, LAC situation

Rediff.com29 May 2021

United States Secretary of State Antony Blinken has said that he had a productive meeting with visiting External Affairs Minister S Jaishankar during which they discussed the bilateral ties, COVID-19 relief efforts, India-China border situation and Afghanistan and vowed to work together to address areas of shared concern.