News for 'Economic Affairs'

No topic off-limits for Modi, Putin when they meet soon: Kremlin

No topic off-limits for Modi, Putin when they meet soon: Kremlin

Rediff.com3 Jul 2024

Putin and Modi will discuss regional and global security, trade and all other topics on the agenda during their meeting, Peskov was quoted as saying by Russia's state-owned TASS news agency.

A tool used...: China blows hot and cold over Quad summit

A tool used...: China blows hot and cold over Quad summit

Rediff.com23 Sep 2024

Ever since the Quad started taking shape in 2007, China has been saying that the four-member grouping will be bound to fail. But much to the chagrin of Beijing, it picked up pace in the recent years emerging as a premier strategic group especially challenging China's assertiveness in the disputed South China Sea.

Canada didn't act on Bishnoi gang despite info: India

Canada didn't act on Bishnoi gang despite info: India

Rediff.com17 Oct 2024

During the briefing, Jaiswal reiterated that so far no evidence has been shared by Canada.

Finance Secretary TV Somanathan is new Cabinet Secy

Finance Secretary TV Somanathan is new Cabinet Secy

Rediff.com10 Aug 2024

He will succeed incumbent Rajiv Gauba, who completes his unprecedented five-year term in the top bureaucratic post this month-end.

'Won't Date A Girl From A Slum'

'Won't Date A Girl From A Slum'

Rediff.com26 Aug 2024

Religion and economic barriers continue to define love in modern India, discovers Preshth Bhardwaj.

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.

Who Will Win Sri Lanka's Presidential Poll?

Who Will Win Sri Lanka's Presidential Poll?

Rediff.com20 Sep 2024

'The Indian government is better prepared this time and has reached out to all contenders and not putting all eggs in one basket.'

Modi Knows How To Deal With Dissanayake

Modi Knows How To Deal With Dissanayake

Rediff.com23 Sep 2024

For India to view the new Sri Lankan leadership only through the prism of the past or through their narrow view on China, is fraught with possibilities that should be avoided, asserts N Sathiya Moorthy.

India The Diplomatic Ambassador In Global Crises

India The Diplomatic Ambassador In Global Crises

Rediff.com16 Sep 2024

Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.

US-India: A Chicken And Egg Situation

US-India: A Chicken And Egg Situation

Rediff.com20 Sep 2024

Delhi's appeasement strategy may now translate as more mega arms deals with the US, generating substantial business and job creation in the American economy. Make no mistake, Americans will use it to pressure India, predicts Ambassador M K Bhadrakumar.

Here's what Modi will tell Zelenskyy 'as a friend'

Here's what Modi will tell Zelenskyy 'as a friend'

Rediff.com21 Aug 2024

Two days ahead of his crucial visit to Ukrainian capital Kyiv, Prime Minister Narendra Modi on Wednesday said he was looking forward to sharing perspectives with President Volodymyr Zelenskyy on a peaceful resolution of the Ukraine conflict.

Should You Invest In SME IPOs?

Should You Invest In SME IPOs?

Rediff.com4 Oct 2024

'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'

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.

The Political Mystique Of Sitaram Yechury

The Political Mystique Of Sitaram Yechury

Rediff.com13 Sep 2024

Sitaram Yechury strived to have the country's Left movement shed its doctrinaire approach to India's socio-cultural complexities and stitch electoral and social alliances to fight the Sangh Parivar.

We don't...: Jaishankar on US Prez election outcome

We don't...: Jaishankar on US Prez election outcome

Rediff.com13 Aug 2024

The EAM when asked about his view of the world at present, said it would be "very grim forecast, for the next five years".

Sitharaman to ensure 'Ease of Living' during Modi 3.0

Sitharaman to ensure 'Ease of Living' during Modi 3.0

Rediff.com12 Jun 2024

Nirmala Sitharaman on Wednesday assumed charge as the Finance and Corporate Affairs Minister for the second consecutive term and is slated to soon present the final Budget for FY '25 that is going to set the tone for the Modi 3.0 government's priorities and direction for Viksit Bharat. Upon her reaching the North Block office, Sitharaman was greeted by Finance Secretary T V Somanathan and other top officials. Minister of State for Finance Pankaj Chaudhary was also present. Chaudhary assumed charge on Tuesday evening.

'India's influence in Bangladesh will remain strong'

'India's influence in Bangladesh will remain strong'

Rediff.com8 Aug 2024

BJP leader and India Foundation founder Shaurya Doval said there may be certain perceptions that need to be set right initially as India "went long on relations with Sheikh Hasina".

India's Neighbourhood First Policy Crumbling

India's Neighbourhood First Policy Crumbling

Rediff.com26 Aug 2024

The fundamental construct of India's neighbourhood policy still needs to be what Vajpayee postulated, Manmohan Singh embraced, and Modi energised. It's just that we need to junk domestic politics and excessive religiosity, while acquiring much humility and a renewed respectfulness towards our neighbours, recommends Shekhar Gupta.

It's All About Job Creation, Nirmalaji

It's All About Job Creation, Nirmalaji

Rediff.com1 Aug 2024

'Is the Agniveer scheme or their post-retirement re-employment in paramilitary forces or in the state governments the BJP's answer to the crying need on the job front?' 'Or, even Finance Minister Sitharaman's one-year internship scheme in the public and private sector, is it a permanent solution, either?', asks N Sathiya Moorthy.

Cabinet okays 32,500 cr for Railways' multi-tracking projects

Cabinet okays 32,500 cr for Railways' multi-tracking projects

Rediff.com16 Aug 2023

The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects of Indian Railways at an estimated cost of around Rs 32,500 crore, Union minister Ashwini Vaishnaw said. The proposed projects, which will be fully funded by the Centre, will help increase the existing line capacity, smoothen train operations, reduce congestion and facilitate ease of travelling and transportation. The projects covering 35 districts in nine states -- Uttar Pradesh, Bihar, Telangana, Andhra Pradesh, Maharashtra, Gujarat, Odisha, Jharkhand and West Bengal -- will increase the existing network of Indian Railways by 2,339 km and provide employment of an estimated 7.06 crore man-days to the people of the states.

'Shocking That PM Gave Investing Advice'

'Shocking That PM Gave Investing Advice'

Rediff.com7 Jun 2024

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'

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.

Jaishankar cautions against 'mind game' by China

Jaishankar cautions against 'mind game' by China

Rediff.com23 Feb 2024

Jaishankar said India should be confident enough to "leverage" the international system to create the "best possible outcome".

India Shining Under Modi In International Arena

India Shining Under Modi In International Arena

Rediff.com1 Oct 2024

PM Modi went to New York this time not to engage in polemics, but to find solutions to global problems. He made some progress on several matters, even on reform of the UN Security Council, when the US made a major concession for the first time that six permanent members without veto, including India, could be considered

Union Budget, 6 bills to be tabled during monsoon session

Union Budget, 6 bills to be tabled during monsoon session

Rediff.com20 Jul 2024

Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday as the Monsoon Session of Parliament gets underway next week with the united opposition set to corner the National Democratic Alliance government on issues ranging from the NEET paper leak case and railway safety.

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

Will Macron retain power? France votes in first round of snap polls

Will Macron retain power? France votes in first round of snap polls

Rediff.com30 Jun 2024

The outcome may determine whether Macron's centrist coalition retains power or if France faces a period of political cohabitation with the far-right National Rally, led by Marine Le Pen.

ED allowed to share information about economic offenders with 15 more agencies

ED allowed to share information about economic offenders with 15 more agencies

Rediff.com28 Nov 2022

The government has allowed the Enforcement Directorate to share information about economic offenders with 15 more agencies, including SFIO, CCI and NIA, a move that will expedite nailing of law-breakers. The finance ministry notified changes to the Prevention of Money Laundering Act (PMLA), 2002, on November 22. Through the notification, the Enforcement Directorate (ED), which deals primarily with cases of money laundering and violations of foreign exchange laws, would be able to share data with a total of 25 agencies, including the 10 specified earlier.

Pawan Kalyan to be Andhra dy CM; Naidu's son gets IT

Pawan Kalyan to be Andhra dy CM; Naidu's son gets IT

Rediff.com15 Jun 2024

The actor-turned-politician has been allotted Panchayat Raj and Rural Development, Environment, Forests, and Science and Technology portfolios.

Can't name all states, says FM as Opposition walks out

Can't name all states, says FM as Opposition walks out

Rediff.com24 Jul 2024

The Indian National Developmental Inclusive Alliance (INDIA) parties, led by the Congress, staged a walkout from both Houses of Parliament on Wednesday, in protest against all states except two being 'ignored' in the budget, an allegation termed 'outrageous' by Finance Minister Nirmala Sitharamanm, who said all the states never found a mention in any of the previous budgets, including those presented by the Congress.

Growth Question Looms Large Over Chandigarh

Growth Question Looms Large Over Chandigarh

Rediff.com28 May 2024

As Chandigarh braces for a fierce contest between Congress candidate Manish Tewari and the BJP's Sanjay Tandon, its industry leaders harbour a fervent wish: Replicate the success of the National Capital Region model in this Union Territory.

Modi meets Meloni in Italy, here's what they discussed

Modi meets Meloni in Italy, here's what they discussed

Rediff.com15 Jun 2024

Prime Minister Narendra Modi on Friday held bilateral talks with Italian counterpart Giorgia Meloni in Bari during which they discussed defence and security cooperation and hoped for further enhancing the defence industrial collaboration.

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.

It is either jail or jahannum for terrorists: Minister

It is either jail or jahannum for terrorists: Minister

Rediff.com24 Jul 2024

Terrorists active in Jammu and Kashmir will either land in jail or be sent to jahannum (hell), Minister of State for Home Affairs Nityanand Rai said in the Rajya Sabha on Wednesday while asserting that the Modi government has zero tolerance for terrorism.

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.

If we were more Bharat...: Jaishankar on India-China ties

If we were more Bharat...: Jaishankar on India-China ties

Rediff.com4 Jan 2024

The external affairs minister also recalled how Pandit Nehru was hesitant in taking assistance from the United States following the 1962 war with China as he was unsure how it would be seen.

Ratan Tata, Dreamer And Ideas Executor

Ratan Tata, Dreamer And Ideas Executor

Rediff.com26 Oct 2024

There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.

Budget 2024: What India Inc wants from Nirmalaji

Budget 2024: What India Inc wants from Nirmalaji

Rediff.com20 Jun 2024

India Inc on Thursday pitched for lowering income tax burden on common man, increase in capital expenditure, and firm steps to contain food inflation in their nearly two-hour long interaction with finance minister Nirmala Shitharaman ahead of the Union Budget. During pre-Budget consultation with Sitharaman, the industry leaders and associations also urged the government to focus more on infrastructure development with a view to maintaining the economic growth momentum. The industry leaders also laid stress on boosting the MSME (micro, small, and medium enterprises) sector, considered a backbone of the Indian economy and main employment generator.

Protect our CPEC workers from terror attacks, China tells Pak

Protect our CPEC workers from terror attacks, China tells Pak

Rediff.com16 May 2024

Pakistan's deputy Prime Minister and Foreign Minister Ishaq Dar, who is in China on a four-day visit, and Chinese Foreign Minister Wang Yi co-chaired the fifth round of the foreign minister-level China-Pakistan Strategic Dialogue.

JD-U sticks to demand for special status for Bihar

JD-U sticks to demand for special status for Bihar

Rediff.com6 Jun 2024

Granting SCS to the state has been a long-pending demand of the JD-U supremo and Bihar chief minister Nitish Kumar, whose Bihar cabinet had even passed a resolution last year requesting the Centre to grant SCS to the state.