News for 'Department of Economics'

Siddaramaiah Goes Backfoot On Local Quota Bill

Siddaramaiah Goes Backfoot On Local Quota Bill

Rediff.com18 Jul 2024

Sources within the Congress, including those who have been members of the teams that drafted its 2019 and 2024 Lok Sabha poll manifestos, said the Karnataka government decision lacked any empirical basis.

After UP, Uttarakhand implements kanwar route eatery order

After UP, Uttarakhand implements kanwar route eatery order

Rediff.com19 Jul 2024

An Uttar Pradesh government spokesperson said a formal order for all eateries along the Kanwar Yatra route in the state was likely to be issued soon.

5 more held in Bihar over NEET-UG irregularities; total arrests rise to 18

5 more held in Bihar over NEET-UG irregularities; total arrests rise to 18

Rediff.com23 Jun 2024

The statement implicated members of the Mukhiya gang, accused of orchestrating multiple interstate paper leaks, as the source of the leaked answer sheet.

NEET row: NTA DG shunted out; Centre orders CBI probe

NEET row: NTA DG shunted out; Centre orders CBI probe

Rediff.com23 Jun 2024

The Centre on Saturday night announced that the probe into alleged irregularities in the medical entrance exam NEET will be handed over to the CBI for a comprehensive investigation.

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.

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.

Rs 15 Trillion In Direct Taxes Comes Via Automatic Route

Rs 15 Trillion In Direct Taxes Comes Via Automatic Route

Rediff.com14 Feb 2024

96 per cent is being collected through TDS, advance tax, self-assessment tax, and other receipts.

Saurabh Netravalkar And The H-1B Dream

Saurabh Netravalkar And The H-1B Dream

Rediff.com11 Jul 2024

The US needs to understand that it could potentially lose out on attracting several Netravalkars in the future if it curbs the influx of such industrious Indian immigrants, argues Vishal Menon.

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.

Women employees may now nominate children for family pension

Women employees may now nominate children for family pension

Rediff.com29 Jan 2024

In a path-breaking decision with far-reaching socio-economic impact, the Centre has allowed woman employees to nominate her son or daughter for family pension, instead of her husband, according to an official statement issued on Monday.

Family pension: Major decision for women employees

Family pension: Major decision for women employees

Rediff.com29 Jan 2024

In a path-breaking decision with far-reaching socio-economic impact, the Centre has allowed woman employees to nominate her son or daughter for family pension, instead of her husband, according to an official statement issued on Monday. Previously, family pension was granted to the spouse of a deceased government servant or pensioner, while other family members became eligible only after the spouse's ineligibility or demise, the statement said. Union Minister of State for Personnel Jitendra Singh said that the Department of Pensions and Pensioners' Welfare (DoPPW) has introduced an amendment to the Central Civil Services (Pension) Rules, 2021, allowing female government employees or pensioners to grant family pension to their eligible child/children after their own demise, in place of of their spouse.

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

CBI files FIR over NEET-UG irregularities, to take over Bihar, Gujarat cases

CBI files FIR over NEET-UG irregularities, to take over Bihar, Gujarat cases

Rediff.com23 Jun 2024

They said the agency is also taking steps to bring under its ambit cases registered in various states by the police.

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.

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.

India takes first steps to meet 2070 net-zero goal, Niti Aayog forms panels

India takes first steps to meet 2070 net-zero goal, Niti Aayog forms panels

Rediff.com1 Jul 2024

Three years after India declared its goal to become a net-zero economy by 2070, the policy design for achieving the target has begun, with the NITI Aayog forming dedicated multi-sectoral committees to prepare a transition plan. In 2021, India joined a select group of nations that set a target year for becoming net-zero carbon economy. At COP26 in Glasgow, Prime Minister Narendra Modi outlined a five-pronged 'Panchamitra' climate action target for India and committed to a net-zero target by 2070, joining nations like the US, the UK, and China.

Faculty backs Ashoka Univ prof who quit over paper on BJP's 2019 win

Faculty backs Ashoka Univ prof who quit over paper on BJP's 2019 win

Rediff.com16 Aug 2023

Das had claimed that the alleged electoral manipulation by the BJP also appeared to have taken the form of targeted electoral discrimination against Muslims, "partly facilitated by weak monitoring by election observers."

Govt seeks Parl nod for additional Rs 2 lakh cr spend

Govt seeks Parl nod for additional Rs 2 lakh cr spend

Rediff.com5 Feb 2024

The supplementary demands for grants include a gross additional spending of over Rs 2 lakh crore, which would be matched by savings of over Rs 1.21 lakh crore.

Muted spectrum auction sees telcos placing bids worth Rs 11,000 cr

Muted spectrum auction sees telcos placing bids worth Rs 11,000 cr

Rediff.com26 Jun 2024

The auction of radio waves used for mobile services saw a muted opening on Tuesday, with five rounds attracting bids worth about Rs 11,000 crore from telecom companies. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.

Several unauthorised entities stopped from giving PAN card services

Several unauthorised entities stopped from giving PAN card services

Rediff.com18 Jan 2024

The Bombay high court has passed an ex-parte interim order restraining several entities from operating websites etc claiming to provide PAN card services on behalf of the government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) and noted such an act poses a "national level threat". A single bench of Justice Bharati Dangre, in its order of January 12, said the Union government has made it mandatory for PAN card holders to link the same to their Aadhar Card, which is an acceptable proof of identification. Therefore, any potential misuse of the licence/ authorization to issue PAN cards would be highly detrimental not only to the interest of the company but also to national interest, the HC said.

Apple Sales In India Up to 67,000 Cr

Apple Sales In India Up to 67,000 Cr

Rediff.com16 Jul 2024

Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.

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

'Risk Of Such Disasters Has Increased In The Last 10 Years'

'Risk Of Such Disasters Has Increased In The Last 10 Years'

Rediff.com1 Aug 2024

'Heavy rains are not the primary reason for landslides in Wayanad.' 'There are all sorts of (human) intervention going on in that area.'

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

Women candidates constitute only 8% in first two phases of LS polls

Women candidates constitute only 8% in first two phases of LS polls

Rediff.com28 Apr 2024

In the first phase of the Lok Sabha polls, there were 135 women candidates while in the second phase, there were 100 women candidates, bringing the combined total for the first two phases to 235 women candidates.

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.

What prompts Chinese workers to consider leaving Pakistan?

What prompts Chinese workers to consider leaving Pakistan?

Rediff.com31 Mar 2024

The recent incident has eroded trust and Chinese social media reflects growing anxiety, with calls for stricter security measures to protect Chinese lives.

'No Kashmiri Pandit Returned After Article 370 Repeal'

'No Kashmiri Pandit Returned After Article 370 Repeal'

Rediff.com18 Jun 2024

'There was a statement by a minister that 30,000 Kashmiri Pandits have come back to the Kashmir Valley after the abrogation of Article 370, it is all b.......t and a white lie.' 'Nobody has come back.'

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.

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.

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.

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

US Treasuries drive RBI's bumper surplus to Centre

US Treasuries drive RBI's bumper surplus to Centre

Rediff.com31 May 2024

A combination of factors, including heavy investments in US Treasury bonds and dollar sales at a healthy profit, facilitated the Indian central bank in transferring a record surplus of Rs 2.11 trillion to the government for 2023-24 (FY24). The RBI's dollar purchases increased in FY24, supported by robust capital inflows endorsing the economy's health.

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.

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.

Gujarat Titans Vs Mumbai Indians: The Best Bowlers!

Gujarat Titans Vs Mumbai Indians: The Best Bowlers!

Rediff.com25 Mar 2024

Umesh Yadav or Mohit Sharma? Who had the most impact on the Gujarat Titans-Mumbai Indians game?

'Doubts About Longevity Of Modi Govt'

'Doubts About Longevity Of Modi Govt'

Rediff.com24 Jun 2024

'I have serious doubts about the longevity of the NDA government and the longevity of the 18th Lok Sabha itself.'

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

'If I Was Trump, I'd Be Scared Of Kamala'

'If I Was Trump, I'd Be Scared Of Kamala'

Rediff.com30 Jul 2024

'I hope that Macho Man agrees to debate her, because I think she will do spectacularly well in the debate.'