News for 'Economic Affairs'

Lightning: India's Deadliest Hazard

Lightning: India's Deadliest Hazard

Rediff.com19 Aug 2025

Lightning claims more lives in India annually than any other extreme weather event. Between April and July this year alone, 1,621 people died due to lightning strikes.

Kubera Review: Dhanush Is Terrific

Kubera Review: Dhanush Is Terrific

Rediff.com20 Jun 2025

Kubera is a well-intentioned addition to Shekar Kammula's cinematic universe that drags on but never loses its prescient quality, notes Arjun Menon.

Budget 2024: What economists want from Nirmalaji

Budget 2024: What economists want from Nirmalaji

Rediff.com20 Jun 2024

The Budget for 2024-25 should focus on employment generation, besides promoting the manufacturing sector, economists attending the pre-Budget consultation meeting with Finance Minister Nirmala Sitharaman here on Wednesday said. The meeting was attended by National Co-convenor Swadeshi Jagran Manch Ashwani Mahajan, Director and Chief Executive of the Institute for Studies in Industrial Development (ISID) Nagesh Kumar, and TCA Anant among others.

India's imports of Russian oil under spotlight after Trump tariffs

India's imports of Russian oil under spotlight after Trump tariffs

Rediff.com31 Jul 2025

From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.

India-Pak clash is about terrorism, West will suffer too: Jaishankar

India-Pak clash is about terrorism, West will suffer too: Jaishankar

Rediff.com11 Jun 2025

External Affairs Minister S Jaishankar has said the recent confrontation between India and Pakistan was not just a mere conflict between two neighbours, but it was about combating terrorism, which will eventually come back to haunt the West.

When Voter ID Matters And When It Doesn't

When Voter ID Matters And When It Doesn't

Rediff.com23 Aug 2025

When the government chooses to either ignore or use identity documents only when it suits them, it shakes people's sense of stability, notes Shyam G Menon.

'Howdy Modi meant nothing': Oppn mocks PM after Trump's 25% tariff

'Howdy Modi meant nothing': Oppn mocks PM after Trump's 25% tariff

Rediff.com30 Jul 2025

Congress general secretary Jairam Ramesh said Modi should take inspiration from former prime minister Indira Gandhi and stand up to the president of the United States.

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.

Why Calcutta Remains A City Of Bhoy

Why Calcutta Remains A City Of Bhoy

Rediff.com8 Aug 2025

A year after the RG Kar rape-murder Swarupa Dutt/Rediff look at the city where it happened, Kolkata -- its study in dichotomy, at once the self-proclaimed cultural capital of India as also a petri dish for a peculiar rage that breeds crimes against women.

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.

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.

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.

Is Modi's 'Mr India' Image Fading?

Is Modi's 'Mr India' Image Fading?

Rediff.com20 Aug 2025

'The Election Commission's involvement in the avoidable SIR controversy has carried a message down to the last voter -- who just does not like it,' observes N Sathiya Moorthy.

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.

Govt appoints three new external RBI MPC members

Govt appoints three new external RBI MPC members

Rediff.com1 Oct 2024

The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.

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.

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.

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.

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.

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.

'Pakistan Could Be Planning Something Against India'

'Pakistan Could Be Planning Something Against India'

Rediff.com11 Aug 2025

'We need to be very vigilant as we are passing through some fraught times.'

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.

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.

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.

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.

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.

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.'

Manmohan Singh's reforms transformed India, unshackled economy: Economists

Manmohan Singh's reforms transformed India, unshackled economy: Economists

Rediff.com27 Dec 2024

Former Prime Minister Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund (IMF) Gita Gopinath said on Friday.

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.

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.

Govt invites applications for chief economic adviser post

Govt invites applications for chief economic adviser post

Rediff.com26 Oct 2021

The government has invited applications for the post of chief economic adviser (CEA) to replace K V Subramanian, who will complete his three-year tenure next month. Subramanian was appointed as CEA on December 7, 2018, while he assumed charge on December 24 in the same year. As per the public notice dated October 24, 2021 issued by Department of Economic Affairs, the Ministry of Finance, officer of central, state governments, RBI and public sector banks holding analogous post on regular basis in parent cadres or department are eligible to apply for the post.

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.

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.

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.

Govt May Save Over Rs 70K Cr In FY25

Govt May Save Over Rs 70K Cr In FY25

Rediff.com20 Jan 2025

The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.

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.

'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.'

'Waiting for return of stolen part of Kashmir': Jaishankar's sharp reply to Pak scribe

'Waiting for return of stolen part of Kashmir': Jaishankar's sharp reply to Pak scribe

Rediff.com6 Mar 2025

'I think the part we are waiting for is the return of the stolen part of Kashmir which is under illegal Pakistani occupation'

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.

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.