News for 'Economic Affairs'

Afghanistan joins CPEC amid strengthening India-Kabul ties

Afghanistan joins CPEC amid strengthening India-Kabul ties

Rediff.com21 May 2025

The announcement on expansion of CPEC was made following a meeting among Chinese Foreign Minister Wang Yi, his Pakistani counterpart Ishaq Dar and Afghanistan's Acting Foreign Minister Amir Khan Muttaqi in Beijing, according to a Pakistani readout.

Shaktikanta Das appointed principal secretary to PM

Shaktikanta Das appointed principal secretary to PM

Rediff.com22 Feb 2025

P K Mishra, a retired IAS officer of the Gujarat cadre, is currently serving as the principal secretary to the prime minister.

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.

CBI repatriation rate doubles, brings back 134 over 5 years

CBI repatriation rate doubles, brings back 134 over 5 years

Rediff.com17 Jul 2025

The CBI has significantly increased the rate of fugitive repatriation, bringing back 134 individuals in the last five years, doubling the number from the previous decade. This success is attributed to enhanced diplomatic efforts, technological advancements, and improved coordination with Interpol.

Walmart to add 1 lakh MSMEs in next 3 years

Walmart to add 1 lakh MSMEs in next 3 years

Rediff.com19 Jun 2025

US-based retail giant Walmart will connect one lakh more MSMEs in the next three years to its supplier development programme in India, a company official said here on Thursday. The programme, Walmart Vriddhi, has partnered with Ideas to Impact Foundation (i2i), which will enable more MSMEs to expand their access to both national and international markets, helped by the combined strengths of Walmart's global supply chain and Flipkart's e-commerce capabilities.

Will never...: Jaishankar on bid to hyphenate India, Pakistan

Will never...: Jaishankar on bid to hyphenate India, Pakistan

Rediff.com7 Jun 2025

India expects partners to understand its policy of 'zero tolerance' against terrorism, and it will never countenance 'perpetrators of evil' being put on par with its victims, External Affairs Minister S Jaishankar said on Saturday during extensive talks with his British counterpart David Lammy.

Zero tolerance for terror, no nuclear blackmail: Jaishankar in Germany

Zero tolerance for terror, no nuclear blackmail: Jaishankar in Germany

Rediff.com24 May 2025

External Affairs Minister S Jaishankar has asserted that India has zero tolerance for terrorism and will never give in to nuclear blackmail, emphasizing that New Delhi will deal with Pakistan purely bilaterally. He made these remarks during a joint press conference with his German counterpart in Berlin, where he also highlighted the importance of the strategic partnership between India and Germany, emphasizing the need for a free trade agreement between the two nations.

What The Next Census Will Discover

What The Next Census Will Discover

Rediff.com5 Jun 2025

The next Census' findings will help identify the extent of India's ageing population and vulnerability levels.

Rare Earth Magnet Shortage: Will China Play Ball?

Rare Earth Magnet Shortage: Will China Play Ball?

Rediff.com25 Jun 2025

The 17 rare earth elements that are at the centre of the current crisis are critical components of everyday products -- from cars to jet engines to electronics like smartphones and flat-screen TVs.

Modi arrives in Canada for G7 Summit amid Israel-Iran conflict

Modi arrives in Canada for G7 Summit amid Israel-Iran conflict

Rediff.com17 Jun 2025

The Kananaskis gathering on June 16-17 is the Prime Minister's 6th consecutive participation in the G7 Summit.

India's Census 2027 to include caste count; exercise to cost Rs 13K cr

India's Census 2027 to include caste count; exercise to cost Rs 13K cr

Rediff.com16 Jun 2025

The census will be carried out with a reference date of October 1, 2026 in snow-bound areas like Ladakh and March 1, 2027 in the rest of the country, the notification said.

We saw a very different China during Indo-Pak conflict: Tharoor

We saw a very different China during Indo-Pak conflict: Tharoor

Rediff.com6 Jun 2025

"China is an absolutely impossible factor to ignore in what has been our confrontation with Pakistan," Tharoor said.

Dialogue, not battlefields, key to global peace: Modi in Croatia

Dialogue, not battlefields, key to global peace: Modi in Croatia

Rediff.com19 Jun 2025

In his media statement following talks with his Croatian counterpart Andrej Plenkovic, Modi said both leaders agree that "terrorism is an enemy of humanity" and is inimical to forces that believe in democracy.

Centre expects US to consider visa applications of Indian students

Centre expects US to consider visa applications of Indian students

Rediff.com29 May 2025

India on Thursday said it expects the United States to consider visa applications of Indian students on merit amid growing concerns over the Trump administration halting new student visa interviews.

Census with caste enumeration to begin from Oct 1, 2026

Census with caste enumeration to begin from Oct 1, 2026

Rediff.com5 Jun 2025

Census exercise with caste enumeration will be carried out with the reference date of October 1, 2026, in snow-bound areas like Ladakh and of March 1, 2027, in the rest of the country, the Home Ministry announced on Wednesday.

Govt May Cut Small Savings Rates

Govt May Cut Small Savings Rates

Rediff.com17 Feb 2025

The interest rate on these schemes have remained unchanged for over a year now.

Op Sindoor: Diplomatic missions push for decisive anti-terror action

Op Sindoor: Diplomatic missions push for decisive anti-terror action

Rediff.com30 May 2025

All-party parliamentary delegations on Friday met leaders and diplomats from several countries to galvanise international action against terrorists and decisively counter the tactics of those who perpetrate, support and sponsor cross-border terror activities against India.

Centre announces caste census; BJP, allies hail move

Centre announces caste census; BJP, allies hail move

Rediff.com1 May 2025

In a significant move, the Centre on Wednesday announced that caste enumeration will be part of the next population census, with the inclusion of caste details for the first time since independence hailed by the Bharatiya Janata Party and its allies as a historic step to help design truly equitable and focused policies.

Stalin Can Win 2026 Poll If...

Stalin Can Win 2026 Poll If...

Rediff.com18 Jul 2025

...the DMK chief minister's campaign -- which includes criticism of the BJP's 'pro-Hindutva, anti-Tamil, anti-federal' policies and building on his own government's social welfare programmes targeting especially women and youth -- appeals to Tamil Nadu's voters in next year's assembly election, explains N Sathiya Moorthy.

India Wants Pakistan Back On FATF 'Grey List'

India Wants Pakistan Back On FATF 'Grey List'

Rediff.com26 May 2025

Re-entry into the list could have far-reaching consequences for Pakistan, including diminished foreign investment, increased borrowing costs, and tighter scrutiny from global financial institutions.

Iran shutting Hormuz Strait will impact Indian economy: Experts

Iran shutting Hormuz Strait will impact Indian economy: Experts

Rediff.com22 Jun 2025

The Israel-Iran conflict has entered a 'decisive phase' after the United States bombed three major Iranian nuclear sites Sunday morning, feel strategic affairs experts with some of them arguing it was Washington, DC's 'responsibility' to not get involved in the military standoff.

NGOs getting foreign funds can't publish newsletters

NGOs getting foreign funds can't publish newsletters

Rediff.com27 May 2025

The Indian government has announced new rules for non-governmental organizations (NGOs) receiving foreign contributions under the Foreign Contribution (Regulation) Act (FCRA). These rules include requiring NGOs to obtain a "Not a Newspaper" certificate from the Registrar of Newspapers for India if they engage in publication-related activities, as well as submitting financial statements and audit reports for the past three years. Additionally, NGOs must submit a commitment letter from the donor, a project report detailing proposed expenses, and a declaration that administrative expenses will not exceed 20% of the foreign contribution.

Dubai Crown Prince to visit India on April 8-9

Dubai Crown Prince to visit India on April 8-9

Rediff.com7 Apr 2025

The Crown Prince of Dubai, Sheikh Hamdan bin Mohammed Al Maktoum, will visit India on April 8-9, during which he will meet Prime Minister Narendra Modi, hold talks with External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh, and participate in a business roundtable seeking to bolster India-United Arab Emirates ties.

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.

Why India Is Angry with Turkiye

Why India Is Angry with Turkiye

Rediff.com28 May 2025

India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.

'I've No Desire To Be Prime Minister'

'I've No Desire To Be Prime Minister'

Rediff.com4 Jul 2025

'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'

Apologise for 1971 atrocities: Bangladesh to Pakistan

Apologise for 1971 atrocities: Bangladesh to Pakistan

Rediff.com18 Apr 2025

Bangladesh has demanded a public apology and compensation from Pakistan for the 1971 atrocities, raising "historically unresolved issues" during the first foreign secretary-level talks between the two countries in 15 years. Dhaka also asked Islamabad to pay USD 4.3 billion as its share from the combined assets at the time of East Pakistan's split from West Pakistan in 1971 to form an independent Bangladesh.

'India's Response Will Be Big'

'India's Response Will Be Big'

Rediff.com28 Apr 2025

'Diplomatic and economic responses are first announced and then implemented. A military response is announced only after it is done.'

Trump, Xi hold talks, agree to resume trade negotiations

Trump, Xi hold talks, agree to resume trade negotiations

Rediff.com6 Jun 2025

The call lasted approximately one and a half hours, and resulted in a very positive conclusion for both countries.

Ranya Rao case: ED raids institutions linked to K'taka home minister

Ranya Rao case: ED raids institutions linked to K'taka home minister

Rediff.com21 May 2025

The Enforcement Directorate (ED) on Wednesday searched locations in Karnataka, including educational institutions linked to state Home Minister G Parameshwara, as part of a probe into alleged gold smuggling-linked money laundering case against Kannada actor Ranya Rao and others. The ED sources said an educational trust is suspected to have "diverted" funds and made a payment of Rs 40 lakh towards the credit card bill of Rao, allegedly on the instructions of an influential individual. The sources claimed the trust is linked to Parameshwara and the "influential" individual is a politically exposed person. The searches found there were no supporting vouchers or documentation to "substantiate" this payment (for credit card bill payment), they said.

JD, Usha Vance to visit India next week amid tariff war

JD, Usha Vance to visit India next week amid tariff war

Rediff.com16 Apr 2025

US Vice President JD Vance and his wife Usha, the first Indian-American Second Lady, are set to visit India early next week. Vance will hold talks with Prime Minister Narendra Modi during his visit. The visit comes amid global concerns over President Donald Trump's policy on tariffs. Vance's visit is likely to be more of a private trip though it will have official components.

No off-season: Modi bats for round-the-year tourism in U'khand

No off-season: Modi bats for round-the-year tourism in U'khand

Rediff.com6 Mar 2025

Prime Minister Narendra Modi visited the Mukhwa temple in Uttarakhand, the winter abode of Goddess Ganga, and offered prayers. The visit is expected to boost winter pilgrimage and tourism in the state. Modi also flagged off a trek and bike rally and addressed a public meeting in Harshil. This comes a day after the Cabinet Committee on Economic Affairs approved two major ropeway projects to Kedarnath and Hemkund Sahib worth over Rs 6,000 crore.

Nehru-Gandhi family surrendered Indian interests: BJP slams Rahul

Nehru-Gandhi family surrendered Indian interests: BJP slams Rahul

Rediff.com4 Jun 2025

The Bharatiya Janata Party on Wednesday slammed Rahul Gandhi for his 'surrender' barb at Prime Minister Narendra Modi, saying it is not only a grave insult to the armed forces and country but also no less than treason.

Operation Sindoor Outreach What Did Panda & Co Achieve In West Asia?

Operation Sindoor Outreach What Did Panda & Co Achieve In West Asia?

Rediff.com5 Jun 2025

'It is high time that the 'war on terror' is removed from our diplomatic toolbox.' 'Certainly, our parliamentarians have no role in it,' asserts Ambassador M K Bhadrakumar.

Don't Blame Tax Rate For Market Volatility

Don't Blame Tax Rate For Market Volatility

Rediff.com7 Mar 2025

'Tax rate and stock markets are entirely two different things.'

What effect will US Fed's rate cut have on India?

What effect will US Fed's rate cut have on India?

Rediff.com19 Sep 2024

The impact of the US Federal Reserve's move to cut the benchmark interest rate will be muted for India as it was mostly priced in, Chief Economic Advisor V Anantha Nageswaran said on Thursday. He said that the Indian stock market is already attracting investor interest and overall the rate cut is positive for emerging markets.

Sonia constitutes committees on economy, foreign affairs, security

Sonia constitutes committees on economy, foreign affairs, security

Rediff.com20 Nov 2020

Former Prime Minister Dr Manmohan Singh will head all the three committees.

Engaged with US to deal with tariff situation: Jaishankar

Engaged with US to deal with tariff situation: Jaishankar

Rediff.com9 Apr 2025

The impact of United States President Donald Trump's reciprocal tariffs is not yet known and New Delhi's strategy to deal with the situation is to firm up a bilateral trade pact with Washington, DC by fall of this year, External Affairs Minister S Jaishankar said on Wednesday.

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.

Modi reaffirms 'unwavering' support to Lankan Tamils

Modi reaffirms 'unwavering' support to Lankan Tamils

Rediff.com5 Apr 2025

Prime Minister Narendra Modi has conveyed India's expectation to Sri Lankan President Anura Kumara Dissanayake that Colombo will fulfill the aspirations of the Tamil community in the island nation and conduct provincial council elections. The issue was discussed during wide-ranging talks between Modi and Dissanayake. Modi also met with Tamil leaders from Northern and Eastern Sri Lanka, reaffirming India's commitment to supporting the community's well-being. The Tamil community has been advocating for the implementation of the 13th Amendment, which provides for devolution of power. Modi expressed hope that Sri Lanka will fully implement its constitution and conduct provincial council elections.