News for 'Department of Economics'

Nirmala Sitharaman and her team decode the fine prints of Budget 2024

Nirmala Sitharaman and her team decode the fine prints of Budget 2024

Rediff.com24 Jul 2024

Union Finance Minister Nirmala Sitharaman, along with her team of bureaucrats, delved into the fine print of the 2024-25 Budget documents in a press conference, detailing the government's road map on bringing down the debt-to-GDP ratio and bold tax measures.

Modi-Putin summit: 'No solution on battlefield'

Modi-Putin summit: 'No solution on battlefield'

Rediff.com9 Jul 2024

Ahead of Modi-Putin talks, the US called upon India to make it clear to Russia that any resolution of the Ukraine conflict must respect the United Nations charter and Ukraine's territorial integrity and sovereignty.

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.

Money Courses To Help Earn Up To Rs 2 Cr

Money Courses To Help Earn Up To Rs 2 Cr

Rediff.com13 Sep 2024

Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.

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."

Modi 3.0: Focus Shifts To Governance

Modi 3.0: Focus Shifts To Governance

Rediff.com7 Oct 2024

'It would be reasonable to assume that Modi 3.0 would be more focused on projects and schemes which do not require any legislative change or which have the support of its coalition partners,' asserts A K Bhattacharya.

Over 6,900 corruption cases probed by CBI pending

Over 6,900 corruption cases probed by CBI pending

Rediff.com2 Sep 2024

Over 6,900 corruption cases probed by the Central Bureau of Investigation were pending trials in different courts, 361 for more than 20 years, according to the latest annual report of the Central Vigilance Commission (CVC). Besides, as many as 658 corruption cases were pending CBI investigation, 48 for more than five years.

Meet The *Real* Stars Of Sholay

Meet The *Real* Stars Of Sholay

Rediff.com21 Aug 2024

Salim-Javed became the first Hindi film writers who could be considered brands, and they are still boldface names, celebrities in their own right, chronicles Dinesh Raheja.

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.

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.

Day 2: South Africa fight back after India's record total

Day 2: South Africa fight back after India's record total

Rediff.com29 Jun 2024

The Proteas began on a convincing note with the bat and remained safe at 29 for no loss at the lunch break.

Foxconn Betting Big on South India

Foxconn Betting Big on South India

Rediff.com19 Aug 2024

Foxconn's business in India has grown to over $10 billion till 2024.

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.

Why is Wayanad Quiet About Tragedy?

Why is Wayanad Quiet About Tragedy?

Rediff.com13 Nov 2024

There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.

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.

BSc Math Or BTech: Which Is Better?

BSc Math Or BTech: Which Is Better?

Rediff.com7 Aug 2024

Dr Dipankar Dutta will answer your questions related to preparing for a career in engineering or technology.

J&K First-Time Voters Will Be Deciding Factor

J&K First-Time Voters Will Be Deciding Factor

Rediff.com17 Sep 2024

'The lack of opportunities here remains the biggest worry.' 'We have seen investment summits, but if you look around, much of it is only on paper and not on the ground.'

India's population to peak in 2060s at 1.7bn before declining: UN

India's population to peak in 2060s at 1.7bn before declining: UN

Rediff.com12 Jul 2024

India's population is projected to peak in the early 2060s at about 1.7 billion and then decline by 12 per cent, but the country will remain the world's most populous throughout the century, the United Nations has said.

China Threat Leads India Japan To Boost Defence Ties

China Threat Leads India Japan To Boost Defence Ties

Rediff.com22 Aug 2024

The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.

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.

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.

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

Lal Salaam, Comrade Buddhadeb

Lal Salaam, Comrade Buddhadeb

Rediff.com9 Aug 2024

He was reviled by critics in his party as a neo-liberal in disguise but till the end, he retained his belief in secularism and the humanity of Communism.

Over 7,200 Indian students return home post Bangladesh unrest: Govt

Over 7,200 Indian students return home post Bangladesh unrest: Govt

Rediff.com9 Aug 2024

The high commission of India in Dhaka and the assistant high commissions in Chittagong, Rajshahi, Sylhet and Khulna have been assisting in the voluntary return of Indian nationals, he said.

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.

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.

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.

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.

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.

Divestment department gets a fancy name 'Dipam' but wings clipped

Divestment department gets a fancy name 'Dipam' but wings clipped

Rediff.com2 Mar 2016

The guidelines for strategic disinvestment were issued on Monday itself when Finance Minister Arun Jaitley presented the Union Budget for 2016-17.

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.

Subbarao is economic affairs secy

Subbarao is economic affairs secy

Rediff.com1 May 2007

Duvvuri Subbarao on Monday joined as secretary, department of economic affairs, Ministry of Finance. He belongs to the 1972 batch of the Indian Administrative Service (Andhra Pradesh cadre).

Economic surveys: A case of hits and misses on GDP numbers

Economic surveys: A case of hits and misses on GDP numbers

Rediff.com5 Feb 2021

Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.

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.

Abhijit Banerjee, 2nd Presidency alumni to win Nobel in Economics

Abhijit Banerjee, 2nd Presidency alumni to win Nobel in Economics

Rediff.com14 Oct 2019

Amartya Sen was the other Presidency alumni to win the Economics Nobel. Banerjee won the 2019 Nobel Economics Prize along with two others - his wife Esther Duflo and Michael Kremer on Monday "for their experimental approach to alleviating global poverty."

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.

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.

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.

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.