News for 'Department of Economics'

'Dhoni may play another IPL season'

'Dhoni may play another IPL season'

Rediff.com2 Jan 2024

'I don't think anyone can take a call on Mahendra Singh Dhoni, whether this is going to be his last year.'

Dept of Public Enterprises now part of FinMin

Dept of Public Enterprises now part of FinMin

Rediff.com7 Jul 2021

The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).

Taiwan: A Thorn In China-US Relations

Taiwan: A Thorn In China-US Relations

Rediff.com12 Jan 2024

Any miscalculation and miscommunication are fraught with the risk of a major catastrophe, warns Rup Narayan Das.

US to help India serve as a 'regional economic anchor'

US to help India serve as a 'regional economic anchor'

Rediff.com11 Apr 2013

As the United States under the Barack Obama administration re-balances its defence posture in the Asia Pacific region, the Pentagon has told the Congress that it is investing in a "long-term" strategic partnership with India.

Time To Establish Diplomatic Relations With Taliban

Time To Establish Diplomatic Relations With Taliban

Rediff.com25 Jan 2024

The Taliban government in Afghanistan is not going anywhere. That being the case, why is the hesitation to establish formal diplomatic relations with the Taliban? asks Lieutenant General Prakash Katoch (Retd).

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

Biden imposes new sanctions on Russia for annexing Ukrainian regions

Biden imposes new sanctions on Russia for annexing Ukrainian regions

Rediff.com1 Oct 2022

Meanwhile, US President Joe Biden condemned Russia's annexation of Ukrainian territory on Friday.

PowerMin nudges states, gencos to take up insolvent assets

PowerMin nudges states, gencos to take up insolvent assets

Rediff.com12 Nov 2023

To tackle increasing demand, the Union Ministry of Power has urged central and state public-sector power-generating companies (gencos) and state power and energy departments to pick projects that are undergoing insolvency proceedings. The power ministry is looking at a quicker turnaround of these stressed power plants and enhancing power supply. Increasing demand is pushing states to scout for more power sources. "It is requested that state-owned gencos may be encouraged to participate in the corporate insolvency resolution process (CIRP) of stressed power assets, which are of strategic and commercial significance to the capacity addition plans of the states concerned.

Himachal Rain Havoc Devastates Business

Himachal Rain Havoc Devastates Business

Rediff.com25 Aug 2023

Tourism is badly affected. Entire apple orchards have been washed away. 2 million people are threatened with loss of livelihood.

PG programmes at the Delhi School of Economics

PG programmes at the Delhi School of Economics

Rediff.com16 Oct 2003

Postgraduate Diploma in Management at the Kirloskar Institute.

Tax dept issues notice to Anil Ambani for Rs 814 cr in 2 Swiss bank accounts

Tax dept issues notice to Anil Ambani for Rs 814 cr in 2 Swiss bank accounts

Rediff.com23 Aug 2022

The income tax department has sought to prosecute Reliance Group chairman Anil Ambani under the Black Money Act for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts.

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Rediff.com25 Sep 2022

Kumar, a 1992-batch Indian Administrative Service officer of Tamil Nadu cadre, is currently an additional secretary in the ministry of electronics and Information Technology.

Ranji Trophy: Jackson, bowlers put Saurashtra in control

Ranji Trophy: Jackson, bowlers put Saurashtra in control

Rediff.com10 Feb 2024

Saurashtra's middle-order batter Sheldon Jackson followed in senior teammate Cheteshwar Pujara's footsteps, completing his century on day two of their Ranji Trophy Group A tie against Rajasthan to guide the defending champions to a 300-plus total in Jaipur on Saturday.

Govt lifts expenditure curbs linked to Covid-19

Govt lifts expenditure curbs linked to Covid-19

Rediff.com24 Sep 2021

The finance ministry on Friday withdrew expenditure curbs on various departments and ministries imposed in June in the wake of the COVID-19 second wave, reflecting improvement in public finances and the urgency to step up growth.

World Bank president nominee Ajay Banga tests Covid positive; India meetings cancelled

World Bank president nominee Ajay Banga tests Covid positive; India meetings cancelled

Rediff.com24 Mar 2023

US nominee for World Bank president, Ajay Banga, has tested positive for COVID-19 following which the meetings scheduled during his two-day visit to India have been cancelled. According to a Finance Ministry statement, Banga's meeting with Nirmala Sitharaman would not happen as he is in quarantine. "During routine testing, Ajay Banga tested positive for COVID-19 but remains asymptomatic.

The Battle For Satellite Spectrum

The Battle For Satellite Spectrum

Rediff.com27 Dec 2023

While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.

Ruling MNF holds edge in Mizoram, but rise of new party is a challenge

Ruling MNF holds edge in Mizoram, but rise of new party is a challenge

Rediff.com9 Oct 2023

The ruling Mizo National Front led by Zoramthanga is looking for a second straight term in the 2023 assembly polls.

Bhujbal wants Maratha quota panel scrapped, issuing Kunbi certificates stayed

Bhujbal wants Maratha quota panel scrapped, issuing Kunbi certificates stayed

Rediff.com27 Nov 2023

Maharashtra cabinet minister Chhagan Bhujbal has demanded a stay on the Kunbi caste certificates issued to Marathas following their latest agitation for reservation and scrapping of the Justice (retired) Sandeep Shinde committee formed over the quota issue.

Centre gives nod to Delhi minister Atishi for UK visit

Centre gives nod to Delhi minister Atishi for UK visit

Rediff.com7 Jun 2023

The counsel for the Centre said the proposal has been sent to the economic affairs department for further approvals, which would also be processed and the petitioner can apply for requisite visa permits.

Mumbai police book Uddhav MLA Waikar in luxury hotel scam

Mumbai police book Uddhav MLA Waikar in luxury hotel scam

Rediff.com15 Sep 2023

The Economic Offences Wing (EOW) of Mumbai police has registered a case against Shiv Sena (UBT) legislator Ravindra Waikar and five others in connection with the construction of a luxury hotel in a western suburb, an official said on Friday.

IIT Delhi in Gulf, trade in local currencies: Modi concludes 'productive' UAE visit

IIT Delhi in Gulf, trade in local currencies: Modi concludes 'productive' UAE visit

Rediff.com15 Jul 2023

Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award, in 2019 as a mark of appreciation for his efforts to boost bilateral ties between the two nations.

Gehlot's Dilemma: 1,813,302 Jobless Workers

Gehlot's Dilemma: 1,813,302 Jobless Workers

Rediff.com25 Nov 2023

The state's joblessness is three times higher than the national average of 7.8 per cent.

Indian support was crucial during our crisis, says Sri Lankan minister

Indian support was crucial during our crisis, says Sri Lankan minister

Rediff.com25 Jun 2023

The minister further said the Sri Lankan government is holding continuous interactions with the Tamil diaspora and people and leaders living in different parts of the world.

Economic slump over, GDP will continue to rise in coming quarters

Economic slump over, GDP will continue to rise in coming quarters

Rediff.com1 Dec 2017

Chief statistician T C A Anant says growth figure might go up once indirect tax data is fully in, however, he agrees that private expenditure is yet to pick up

The Star Gazer Stars At TIME Gala

The Star Gazer Stars At TIME Gala

Rediff.com26 Apr 2024

At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.

India can learn from China economic reforms: Sonia

India can learn from China economic reforms: Sonia

Rediff.com27 Oct 2007

Describing the pace of change in China as truly astounding and outstanding, Congress president Sonia Gandhi on Saturday said that India had much to learn from the way the Communist nation had approached economic reforms and liberalisation. Gandhi said the world today recognised the reality of an Asian renaissance and the re-emergence of China and India. She said that the two countries must work and prosper together as the world is big enough to accommodate the growth of both.

Electoral Bonds: 'No Setback For BJP'

Electoral Bonds: 'No Setback For BJP'

Rediff.com15 Feb 2024

'It's not really going to bring about purity in the election process.'

NITI Aayog's Dynamic New CEO

NITI Aayog's Dynamic New CEO

Rediff.com7 Mar 2023

Go-getter, ambitious, dynamic, workaholic are some of the adjectives that officials who worked closely with B V R Subrahmanyam use to describe him.

Spouses of H-1B visa holders can work here, says US judge

Spouses of H-1B visa holders can work here, says US judge

Rediff.com30 Mar 2023

The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.

NASA, ISRO to send joint space missions

NASA, ISRO to send joint space missions

Rediff.com22 Jun 2023

"On space, we will be able to announce that India is signing the Artemis Accords, which advance a common vision for space exploration for the benefit of all humankind," a senior administration official said hours before the meeting between Prime Minister Narendra Modi and President Joe Biden in the Oval Office.

'Ambedkar's contribution is bigger than Gandhi's'

'Ambedkar's contribution is bigger than Gandhi's'

Rediff.com10 Nov 2023

'For no other leader of India do so many people turn up for an event every year without invitation.'

No coercive action against Anil Ambani till Nov 17, HC tells I-T dept

No coercive action against Anil Ambani till Nov 17, HC tells I-T dept

Rediff.com26 Sep 2022

The Bombay high court on Monday directed the Income Tax department not to take any coercive action against Reliance Group chairman Anil Ambani till November 17 on a show cause notice issued to him seeking to prosecute him under the Black Money Act. The I-T department had issued the notice to Ambani on August 8, 2022 for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts. The department has charged Ambani (63) with "wilful" evasion, saying he "intentionally" did not disclose his foreign bank account details and financial interests to Indian tax authorities.

Is Xi Losing Control Over Power?

Is Xi Losing Control Over Power?

Rediff.com19 Sep 2023

Two of Xi Jinping's chosen officials have disappeared from view, an indication of turmoil in Xi's government, months after he installed a collection of loyalist leaders in his cabinet, observes Dr Rajaram Panda.

Direct tax collection grows 26% from April-Nov

Direct tax collection grows 26% from April-Nov

Rediff.com31 Jan 2023

The gross tax revenues have touched 65 per cent of the Budget estimates at Rs 17.81 lakh crore during the first eight months of the current fiscal till November, propelled by corporate and personal income tax mop-up, according to the Economic Survey 2022-23 presented in Parliament on Tuesday. The survey, authored by Chief Economic Advisor V Anantha Nageswaran, said the 'substantial reforms' in India's taxation ecosystem post-2014 and policy reforms have removed the distortionary incentives from the economy. Reforms like GST, reduction in corporate taxes, exemption of sovereign wealth funds and pension funds from taxes, and removing Dividend Distribution tax have reduced the tax burden on individuals and businesses.

Direct tax collection jumps 24% in first half of FY23

Direct tax collection jumps 24% in first half of FY23

Rediff.com9 Oct 2022

Gross collection of tax on corporate and individual earnings jumped nearly 24 per cent so far in the current fiscal year that started on April 1, the tax department said on Sunday. The gross collection of taxes on corporate earnings rose 16.74 per cent during April 1 to October 8, while personal income tax collection jumped 32.30 per cent, the tax department said in a statement. Direct tax collection came at Rs 8.98 lakh crore between April 1 to October 8, 2022, 23.8 per cent higher than the gross collection in the corresponding period a year ago.

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Rediff.com20 Apr 2023

The submissions were made by the CBI in a short written reply while opposing the senior Aam Aadmi Party leader's bail plea, which it said was devoid of any merit and was an attempt to misuse the intricacies of law to thwart the progress of investigation in the case.

DC, MI have work cut out as they look for first win

DC, MI have work cut out as they look for first win

Rediff.com10 Apr 2023

Getting the opportunity in the absence of Mitchell Marsh, who got married on Sunday, Manish Pandey lasted only one ball and the veteran batter will be keen to make an impact at Kotla.

Can China Win A War With US?

Can China Win A War With US?

Rediff.com14 Nov 2023

According to the Pentagon report, the PLA is creating options for dissuading, deterring, and defeating external intervention in the Indo-Pacific region.

19 deaths every hour in India due to road accident in 2022

19 deaths every hour in India due to road accident in 2022

Rediff.com31 Oct 2023

The report showed that 53 road accidents take place every hour in the country.

US report flags 'downward trend of democratic values' in India

US report flags 'downward trend of democratic values' in India

Rediff.com10 Feb 2023

As the United States focuses on the Indo-Pacific, in particular the Quad, the Biden administration needs to address India's ties with Russia and its 'downward trend of democratic values and institutions', said a report by the Democratic Party of the Senate Foreign Affairs Committee.