News for 'Department of Economics'

Why This 2-Time MP Won't Contest Polls

Why This 2-Time MP Won't Contest Polls

Rediff.com2 Feb 2024

'If businessmen should be included in the political process -- which is essential in my opinion -- they need to have the freedom to express themselves and to take stands against the government of the day, without fear of reprisals and attacks on their business.'

Israel sends new Ambassador to India

Israel sends new Ambassador to India

Rediff.com18 Dec 2023

The Israeli government on Sunday approved the appointment of Reuven Azar as the new Ambassador to India.

Lok Sabha elections as good as rigged: Jean Dreze

Lok Sabha elections as good as rigged: Jean Dreze

Rediff.com14 Apr 2024

Development economist Jean Dreze said the Indian democracy is currently navigating a crisis that is not only limited to the 'recent wave of authoritarianism' but also suppression of opposition voices by the ruling Bharatiya Janata Party.

Nipah alert in Kerala's Kozhikode after 2 'unnatural' deaths

Nipah alert in Kerala's Kozhikode after 2 'unnatural' deaths

Rediff.com12 Sep 2023

Deaths due to Nipah virus infection were reported in Kozhikode district in 2018 and 2021.

How world media reported Lok Sabha election results

How world media reported Lok Sabha election results

Rediff.com5 Jun 2024

The 'aura of invincibility' around Prime Minister Narendra Modi has been 'shattered' by the Indian voters who gave the Opposition a new lease on life, this is how the international media described the outcome of India's general elections.

BJP likely to keep big 4 portfolios, culture, education

BJP likely to keep big 4 portfolios, culture, education

Rediff.com8 Jun 2024

There is a view that heavyweight portfolios like home, finance, defence and external affairs besides education and culture, two ministries with strong ideological hues, will be kept by the BJP, while its allies can get anywhere between five to eight cabinet berths.

Bibek Debroy may take over as PM's economic advisor

Bibek Debroy may take over as PM's economic advisor

Rediff.com22 Sep 2017

Debroy is expected to have a role and responsibility similar to the erstwhile chairman of the Prime Minister's Economic Advisory Council

On February 1, Sitharaman will equal Morarji Desai's record

On February 1, Sitharaman will equal Morarji Desai's record

Rediff.com26 Jan 2024

Finance Minister Nirmala Sitharaman will set a record by presenting the sixth Budget in a row -- 5 annual Budgets and one interim -- a feat achieved so far only by former Prime Minister Morarji Desai. With the presentation of interim Budget on February 1, Sitharaman will surpass the records of her predecessors like Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, who had presented five budgets in a row. Desai, as Finance Minister, had presented five annual Budgets and one interim Budget between 1959-1964. The interim Budget 2024-25 to be presented by Sitharaman on February 1, will be a vote-on-account that will give the government authority to spend certain sums of money till a new government comes to office after the April-May general elections.

Upbeat Delhi Capitals take on struggling Mumbai Indians

Upbeat Delhi Capitals take on struggling Mumbai Indians

Rediff.com26 Apr 2024

An upbeat Delhi Capitals will look to keep the winning momentum going against an inconsistent Mumbai Indians when the two sides square off in the IPL in New Delhi on Saturday.

Moody's ups India's growth forecast to 6.7% for 2023

Moody's ups India's growth forecast to 6.7% for 2023

Rediff.com1 Sep 2023

Moody's Investors Service on Friday raised India's growth projection for 2023 calendar year to 6.7 per cent on account of robust economic momentum. "Strong services expansion and capital expenditures propelled India's 7.8 per cent real GDP growth in the second (April-June) quarter from a year ago. "We have accordingly raised our 2023 calendar year growth forecast for India from 5.5 per cent to 6.7 per cent," Moody's said in its Global Macro Outlook. - el nino

UCC Can Wait, Personal Law Reforms Can't

UCC Can Wait, Personal Law Reforms Can't

Rediff.com8 Aug 2024

Crucial reforms in Muslim personal law, especially laws related to inheritance and adoption, need to be initiated forthwith; historically speaking, without the State's backing, hardly has any reform taken place or allowed to prevail, asserts Mohammad Sajjad.

PM now resorting to hate speech, lies: Cong hits back

PM now resorting to hate speech, lies: Cong hits back

Rediff.com22 Apr 2024

The Congress on Sunday hit back at Prime Minister Narendra Modi over his 'redistribution of wealth' remarks targeting the party, saying after facing 'disappointment' in the first phase of Lok Sabha polls, the PM has now resorted to 'lies' and 'hate speech' to divert people from the real issues.

'Middlemen' part of Shinde's Davos delegation: Aaditya

'Middlemen' part of Shinde's Davos delegation: Aaditya

Rediff.com15 Jan 2024

Former Maharashtra minister and Shiv Sena-Uddhav Balasaheb Thackeray leader Aaditya Thackeray on Monday claimed nearly '50 people', including 'some middlemen' and personal assistants, will be part of the delegation that will travel with Chief Minister Eknath Shinde for the World Economic Forum (WEF) gathering in Davos, Switzerland.

Charan Singh opposed Nehru's socialist economy

Charan Singh opposed Nehru's socialist economy

Rediff.com9 Feb 2024

Chaudhary Charan Singh, who on Friday was conferred with India's highest civilian award Bharat Ratna, is popularly known as a champion of farmers.

Banks are catalysts of economic revival: Sitharaman

Banks are catalysts of economic revival: Sitharaman

Rediff.com9 Sep 2020

The finance minister said easy access and efficiency in providing banking services will help in revival of businesses which are restarting operations after the lockdown.

Free Divestment From Finance Ministry

Free Divestment From Finance Ministry

Rediff.com21 Mar 2024

The new government that presents the full Budget for 2024-2025 in July should be ready to restructure the way divestment is managed and implemented, proposes A K Bhattacharya.

Will launch 55-day hunger strike outside EC office if..., warns Mamata

Will launch 55-day hunger strike outside EC office if..., warns Mamata

Rediff.com15 Apr 2024

While addressing a rally at Alipurduar, Banerjee accused the Election Commission of removing the deputy inspector general of police of Murshidabad at the behest of the BJP.

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

Rediff.com17 Dec 2023

In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.

How The Heat Wave Will Affect Your Kitchen

How The Heat Wave Will Affect Your Kitchen

Rediff.com2 May 2024

Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.

Neighbourhood First At Modi's Swearing-In

Neighbourhood First At Modi's Swearing-In

Rediff.com9 Jun 2024

Engagement with neighbours is a strategic imperative, and not an option, asserts Rup Narayan Das.

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.

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.

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.

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.

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?

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.

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.

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.'

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.

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.

'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.

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.

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.

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.

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.

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.'