News for 'Department of Economics'

'Drones And Missiles Can't Deliver A Decisive Military Victory'

'Drones And Missiles Can't Deliver A Decisive Military Victory'

Rediff.com15 May 2025

'Unfortunately, India and Pakistan could learn a 'lesson' from this conflict that will make them more likely to use these weapons against each other in the future.' 'Rounds of missile and drone attacks could be more routine features of their hostility, just like artillery fire has become a familiar fact of life along the Line of Control.'

Manmohan Singh's last rites to be performed with full State honours

Manmohan Singh's last rites to be performed with full State honours

Rediff.com27 Dec 2024

Former Indian Prime Minister Manmohan Singh passed away at the age of 92 on Thursday. He will be given a state funeral with full state honors at Nigambodh Ghat on Saturday. Singh served as Prime Minister from 2004 to 2014 and was known for his role in India's economic reforms. Leaders from across the political spectrum paid their respects to the departed leader, highlighting his contributions to the nation.

Survey on how India can build quality infrastructure

Survey on how India can build quality infrastructure

Rediff.com22 Jul 2024

A higher level of private sector financing and resource mobilisation from new sources will be crucial for India to build quality infrastructure, according to the Economic Survey 2023-24. The Economic Survey 2023-24 was tabled in Parliament by Finance Minister Nirmala Sitharaman on Monday.

'Elon Musk was fascinated about Kumbh Mela'

'Elon Musk was fascinated about Kumbh Mela'

Rediff.com18 Jan 2025

Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.

Waqf Bill vote: BJD leaders seeks action own MP

Waqf Bill vote: BJD leaders seeks action own MP

Rediff.com5 Apr 2025

Senior leaders of the Biju Janata Dal (BJD) in India are calling for action against Rajya Sabha MP and national spokesperson Sasmit Patra for allegedly creating confusion among lawmakers regarding the Waqf (Amendment) Bill. The controversy arose after Patra, despite the party's announced opposition to the Bill, revealed he had voted in favor of it and stated that MPs could vote according to their conscience. The situation has led to accusations of a possible "deal" between the BJD and the Bharatiya Janata Party (BJP).

H-1B visa: Musk, Ramaswamy face Trump supporter's wrath

H-1B visa: Musk, Ramaswamy face Trump supporter's wrath

Rediff.com28 Dec 2024

A major divide has emerged within Donald Trump's MAGA team in the United States, as Elon Musk and Vivek Ramaswamy who advocated for the expansion of the visa program for 'highly skilled workers' faced heavy backlash from within President-elect's base, CNN reported.

'Dr Chidambaram Felt India Should Do Better And Better'

'Dr Chidambaram Felt India Should Do Better And Better'

Rediff.com13 Jan 2025

'The very fact that his autobiography is called India Rising is a correct example of his wish for India to be a developed country and do as best as possible by science reaching to the common people.'

Concerning: Jaishankar on $21 million USAID row

Concerning: Jaishankar on $21 million USAID row

Rediff.com23 Feb 2025

India's External Affairs Minister S Jaishankar has expressed concern over information regarding USAID funding in India, calling it "concerning" and hinting at potential "bad faith" activities. Jaishankar asserted that India is looking into the matter and that the country should know who is involved in such activities. He also emphasized the need to expand India's security definition in the digital age, highlighting the influence of technology and narratives on public perception. The statements come amid controversy surrounding USAID funding for certain activities in India, with the US President Donald Trump questioning the agency's funding of voter turnout efforts.

Dr Singh's final journey to begin tomorrow at 9.30 am

Dr Singh's final journey to begin tomorrow at 9.30 am

Rediff.com27 Dec 2024

Prime Minister Narendra Modi and Congress leaders Sonia Gandhi and Mallikarjun Kharge were among the top leaders who paid homage to former prime minister Manmohan Singh at his home in New Delhi on Friday.

How Dr Manmohan Singh became India's 'reforms' man

How Dr Manmohan Singh became India's 'reforms' man

Rediff.com27 Dec 2024

He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even its gold reserve was pledged.

Space Industry Thrilled With FM Plans

Space Industry Thrilled With FM Plans

Rediff.com1 Feb 2025

'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'

Officers with Ardh Kumbh experience to handle Maha Kumbh post stampede

Officers with Ardh Kumbh experience to handle Maha Kumbh post stampede

Rediff.com1 Feb 2025

The Uttar Pradesh government has deployed two senior IAS officers, who were part of the team that successfully conducted the 2019 Ardh Kumbh, to oversee the smooth conduct of the Maha Kumbh Mela in the wake of the recent stampede that left at least 30 pilgrims dead. The officers, Ashish Goyal and Bhanu Chandra Goswami, have extensive experience in administration in Prayagraj, including crowd management and inter-agency coordination. They will join Mela Adhikari Vijay Kiran Anand, forming a trio that was part of the mega fair six years ago. The government has also deployed additional senior police officers to strengthen security and crowd management ahead of Basant Panchami, one of the key bathing days of the festival, on February 3.

Modi, Vance welcome progress on Indo-US bilateral trade pact

Modi, Vance welcome progress on Indo-US bilateral trade pact

Rediff.com22 Apr 2025

Prime Minister Narendra Modi and US Vice President JD Vance have expressed satisfaction with the progress made in negotiations for a bilateral trade agreement. The two leaders met in New Delhi and discussed a range of bilateral issues, including cooperation in energy, defense, strategic technologies, and other areas. They also exchanged views on regional and global issues of mutual interest.

After Delhi's sign-in, Bengal only state to hold out on Ayushman Bharat

After Delhi's sign-in, Bengal only state to hold out on Ayushman Bharat

Rediff.com28 Feb 2025

According to a parliamentary response by the Union health ministry in 2023, around 654,000 families in Delhi are eligible to enrol under the scheme.

2nd US flight with 119 deportees to arrive in Punjab today

2nd US flight with 119 deportees to arrive in Punjab today

Rediff.com15 Feb 2025

The deportation of 104 Indian nationals from the US, followed by another 119 set to arrive in Amritsar on Saturday night, has sparked controversy in India over the treatment of returnees. The US government's intensified crackdown on undocumented immigrants has led to criticism of the use of handcuffs and shackles for deportees, even those who have committed no crimes beyond immigration violations. The issue has led to heated debates in the Indian Parliament, with opposition leaders demanding an inquiry into the deportation process. The Indian government is engaging with US officials to ensure the humane treatment of deportees, while also facing the challenge of reintegrating returnees into Indian society. The deportations highlight the ongoing tension between border control and human rights, and the complexities of US-India relations.

IPL PIX: LSG outclass MI as Pandya fiver goes in vain

IPL PIX: LSG outclass MI as Pandya fiver goes in vain

Rediff.com5 Apr 2025

Hardik Pandya's maiden five-wicket haul in T20 cricket and star batter Suryakumar Yadav's fluent 67 went in vain as Lucknow Super Giants beat Mumbai Indians by 12 runs in an Indian Premier League match in Lucknow on Friday.

'Dr Singh wanted to be treated in India, not abroad'

'Dr Singh wanted to be treated in India, not abroad'

Rediff.com28 Dec 2024

"Dr Manmohan Singh, soon after becoming the prime minister, had himself carried a small table for us to have tea comfortably at his Safdarjung Lane residence instead of asking his house help," Dr Srinath Reddy, who was the chairperson of the PM's medical panel, recalled.

Govt May Save Over Rs 70K Cr In FY25

Govt May Save Over Rs 70K Cr In FY25

Rediff.com20 Jan 2025

The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.

Govt appoints three new external RBI MPC members

Govt appoints three new external RBI MPC members

Rediff.com1 Oct 2024

The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.

How Will Trump's Tariff Threat Affect India?

How Will Trump's Tariff Threat Affect India?

Rediff.com19 Mar 2025

Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Rediff.com10 Dec 2024

Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues at the central bank.

Civil services, armed forces must unite against cyberattacks: President Murmu

Civil services, armed forces must unite against cyberattacks: President Murmu

Rediff.com1 Oct 2024

President Droupadi Murmu on Tuesday said cyberattacks have emerged as a major threat to national security and the civil services and armed forces must join hands to create a secure nationwide system capable of thwarting them.

Centre to induct more private sector specialists in govt departments

Centre to induct more private sector specialists in govt departments

Rediff.com5 Feb 2021

Candidates will be short-listed for interview on the basis of the information provided by them in their online application, the statement said.

'A Sea Of Opportunities, An Ocean Of Challenges'

'A Sea Of Opportunities, An Ocean Of Challenges'

Rediff.com21 Feb 2025

'We have not even used 0.1% of the available resources.'

Why Cong didn't attend Manmohan Singh's 'Asthi Visarjan'

Why Cong didn't attend Manmohan Singh's 'Asthi Visarjan'

Rediff.com30 Dec 2024

The Congress party on Monday defended its decision not to accompany the family of former Prime Minister Manmohan Singh during the immersion of his ashes in the Yamuna, stating it was to ensure their privacy. Congress leader Pawan Khera said senior leaders did not accompany the family to gather and immerse the ashes of Dr Singh "out of our deference to the privacy of the family."

Modi, Macron fly together to Marseille, open new Indian consulate

Modi, Macron fly together to Marseille, open new Indian consulate

Rediff.com12 Feb 2025

Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.

Meet Nirmalaji's Core Budget Team

Meet Nirmalaji's Core Budget Team

Rediff.com23 Jul 2024

The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

Rediff.com5 Feb 2025

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.

PIX: Rabada shines as MI Cape Town win maiden SA20 crown

PIX: Rabada shines as MI Cape Town win maiden SA20 crown

Rediff.com9 Feb 2025

Pace spearhead Kagiso Rabada produced an inspired bowling performance to lead MI Cape Town to their maiden SA20 title with a comfortable 76 runs victory over two-time champions Sunrisers Eastern Cape in the final at the Wanderers in Johannesburg on Saturday.

SRH Vs RR: Who Played The Best Knock? Vote!

SRH Vs RR: Who Played The Best Knock? Vote!

Rediff.com24 Mar 2025

Ishan Kishan made a dream start at his new IPL franchise Sunrisers Hyderabad with a match-winning century against Rajasthan Royals.

Russia now global economic pariah: US after sanctions

Russia now global economic pariah: US after sanctions

Rediff.com9 Mar 2022

'The Ruble is now down 50 per cent and worth less than one American penny since Putin announced his war'

Over 2,000 cases of attack against Hindus in Bangladesh: Report

Over 2,000 cases of attack against Hindus in Bangladesh: Report

Rediff.com13 Dec 2024

The Centre for Democracy, Pluralism and Human Rights (CDPHR) on Friday presented a report on the state of minorities in Bangladesh following the ouster of Prime Minister Sheikh Hasina in August 2024.

Will budget for agri research get a big boost this year?

Will budget for agri research get a big boost this year?

Rediff.com28 Jan 2025

Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.

'Tata, Mahindra Will Not Allow Tesla to Dominate'

'Tata, Mahindra Will Not Allow Tesla to Dominate'

Rediff.com28 Feb 2025

'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'

Colombia agrees to take back migrants, Trump pauses tariffs

Colombia agrees to take back migrants, Trump pauses tariffs

Rediff.com27 Jan 2025

US President Donald Trump has imposed tariffs and a travel ban on Colombia after the South American nation refused to accept two American military planes deporting undocumented Colombians. The move comes after President Trump announced mass deportations of illegal immigrants and warned countries of consequences if they refuse to accept them. Colombian President Gustavo Petro, in a post on X, said that the US cannot treat Colombian migrants as criminals and denied the entry of American planes carrying Colombian migrants into Colombian territory. Trump responded by imposing a 25% tariff on all goods coming into the US, a travel ban and immediate visa revocations on Colombian government officials, and visa sanctions on all party members, family members and supporters of the Colombian government. The US also announced enhanced customs and border protection inspections of all Colombian nationals and cargo on national security grounds. In retaliation, Colombia announced a 25% import tariff on American products.

'Easing US-China Tension May Benefit India'

'Easing US-China Tension May Benefit India'

Rediff.com19 Feb 2025

'A less tense US-China relationship would make Beijing less likely to provoke India -- including on the border -- in retaliation for its close defence ties with the US.'

Why Kerala Opposes Sand Sea Mining

Why Kerala Opposes Sand Sea Mining

Rediff.com19 Apr 2025

If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.