News for 'Economic Affairs'

BJP likely to keep big 4 portfolios, culture, education

BJP likely to keep big 4 portfolios, culture, education

Rediff.com8 Jun 2024

There is a view that heavyweight portfolios like home, finance, defence and external affairs besides education and culture, two ministries with strong ideological hues, will be kept by the BJP, while its allies can get anywhere between five to eight cabinet berths.

All about the Infrastructure Finance Secretariat

All about the Infrastructure Finance Secretariat

Rediff.com13 Jul 2022

During his first Union Budget in July 2014, former finance minister Arun Jaitley announced the setting up of an institution called 3P India, with an allocation of Rs 500 crore. The intention was to mainstream public-private partnerships (PPPs) in India. The plan was to bring together the capacities of the government and private sector to push PPP projects.

Unsettled borders with China, its rise pose challenge to India: CDS

Unsettled borders with China, its rise pose challenge to India: CDS

Rediff.com18 Mar 2024

General Chauhan emphasised the need for astute handling of the PLA (People's Liberation Army) at all friction points concerning the disputed borders.

Xi, Putin hint at political settlement to end Ukraine war

Xi, Putin hint at political settlement to end Ukraine war

Rediff.com16 May 2024

"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.

Pre-Budget Consultations To Begin Soon

Pre-Budget Consultations To Begin Soon

Rediff.com16 Nov 2022

Seven of the meetings will be held in late November or early December at the finance ministry, as is the norm.

We shouldn't be scared of China, be ready to compete, says Jaishankar

We shouldn't be scared of China, be ready to compete, says Jaishankar

Rediff.com30 Jan 2024

External Affairs Minister S Jaishankar on Tuesday said it was necessary to acknowledge that China will influence India's neighbouring countries, and India must not be scared of such "competitive politics".

Big decisions soon by MHA on PM security lapse: Thakur

Big decisions soon by MHA on PM security lapse: Thakur

Rediff.com6 Jan 2022

Union minister Anurag Thakur on Thursday said the Ministry of Home Affairs (MHA) is gathering information on the security breach during Prime Minister Narendra Modi's visit to Punjab and "big and tough decisions" will be taken.

4 Indian medical students drown in Russia, embassy issues advisory

4 Indian medical students drown in Russia, embassy issues advisory

Rediff.com8 Jun 2024

The four students -- two boys and two girls aged 18-20 -- were studying at the nearby Novgorod State University in Veliky Novgorod city.

Rajiv Mehrishi appointed Finance Secretary

Rajiv Mehrishi appointed Finance Secretary

Rediff.com11 Nov 2014

He was last month appointed as Secretary in Department of Economic Affairs in place of his batchmate Arvind Mayaram, who was first shifted to Tourism and then to Minority Affairs Ministry.

Muted spectrum auction sees telcos placing bids worth Rs 11,000 cr

Muted spectrum auction sees telcos placing bids worth Rs 11,000 cr

Rediff.com26 Jun 2024

The auction of radio waves used for mobile services saw a muted opening on Tuesday, with five rounds attracting bids worth about Rs 11,000 crore from telecom companies. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.

Next round of G20 meetings in Gujarat from March 27

Next round of G20 meetings in Gujarat from March 27

Rediff.com22 Mar 2023

Gujarat will host the next round of G20 meetings from March 27 to April 4, during which three conclaves will be held in the state on a range of issues, where delegates from different countries will converge for participation, an official said.

Unemployment: Disease Lies In Education

Unemployment: Disease Lies In Education

Rediff.com24 Jun 2024

In tackling India's unemployment problem, look beyond the finance minister and focus on the education minister, points out Gurbachan Singh.

Pakistan-China sign pacts to strengthen 'iron-clad friendship'

Pakistan-China sign pacts to strengthen 'iron-clad friendship'

Rediff.com22 Mar 2022

Pakistan's Foreign Minister Shah Mahmood Qureshi and his Chinese counterpart Wang Yi discussed ways to further strengthen the "iron-clad friendship" between the two countries as the two sides signed five agreements to deepen their bilateral cooperation in various fields, the foreign office said on Tuesday.

Prime Minister Modi scraps 4 Cabinet Committees

Prime Minister Modi scraps 4 Cabinet Committees

Rediff.com10 Jun 2014

In the second major decision to end the UPA government's legacy, Prime Minister Narendra Modi on Tuesday scrapped four cabinet committees, including one on Unique Identification Authority, as part of his efforts to minimise decision-making processes.

Russia, Ukraine view Modi as peacemaker? Putin, Zelenskyy invite PM

Russia, Ukraine view Modi as peacemaker? Putin, Zelenskyy invite PM

Rediff.com21 Mar 2024

Both Putin and Zelenskyy have invited the prime minister to visit Russia and Ukraine respectively after the Lok Sabha elections, sources said, adding they see Modi as a "peacemaker".

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

Garg leaves without signing off on Jalan panel report

Garg leaves without signing off on Jalan panel report

Rediff.com26 Jul 2019

Garg had refused to sign on the report finalised by the former Reserve Bank of India governor Bimal Jalan-led committee reviewing the central bank's economic capital framework (ECF).

Will be glad to see friend Modi in Russia: Putin to Jaishankar

Will be glad to see friend Modi in Russia: Putin to Jaishankar

Rediff.com28 Dec 2023

Jaishankar said he was confident that Prime Minister Modi and President Putin will meet for an annual summit next year.

Will this Budget pull India out of economic slump?

Will this Budget pull India out of economic slump?

Rediff.com1 Feb 2020

The actual expenditure will only be marginally higher and hence, the multiplier effect will be muted.

Pak warns of 'serious consequences' after Iran attacks terror bases

Pak warns of 'serious consequences' after Iran attacks terror bases

Rediff.com17 Jan 2024

Islamabad also summoned the Iranian charge d'affaires here and issued a strongly worded condemnation of Iran's "violation of its airspace", the Foreign Office said.

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.

Amid row, Maldives seeks info on Indian coast guard's activity

Amid row, Maldives seeks info on Indian coast guard's activity

Rediff.com3 Feb 2024

On January 31, the Indian Army intercepted a Maldivian fishing boat engaged in fishing activities within the Maldives' Special Economic Zone (EEZ), located 72 nautical miles northeast of Dhidhdhoo, Haa Alifu Atoll, the Maldives' defence ministry claimed in a statement on Friday.

'Anti-India Sentiment Was Extremely High'

'Anti-India Sentiment Was Extremely High'

Rediff.com6 Aug 2024

'In the interim, India will be confronted with anti-India feeling because Sheikh Hasina had India's support.' 'We will have to deal with it, but it will not be a permanent phenomenon.' 'There is substantial goodwill towards India which will stand us in good stead.'

Govt reconstitutes various cabinet panels, Shah in all of them

Govt reconstitutes various cabinet panels, Shah in all of them

Rediff.com6 Jun 2019

Among the panels announced on Thursday is the Appointments Committee of Cabinet (ACC) to be headed by the prime minister with Shah as the other member.

There are many 'difficult issues', but...: US on India ties amid Pannun row

There are many 'difficult issues', but...: US on India ties amid Pannun row

Rediff.com5 Dec 2023

US Principal Deputy NSA Jonathan Finer said the US and India have a "complicated history" and they have not always been "wholly aligned".

'Sharia Was Used To Deny Alimony'

'Sharia Was Used To Deny Alimony'

Rediff.com11 Jul 2024

'Who has seen what Sharia is? Who knows what actual Sharia is?'

India, Iran sign 10-year Chabahar pact

India, Iran sign 10-year Chabahar pact

Rediff.com13 May 2024

India and Iran on Monday signed a 10-year contract for the operation of a terminal at the strategically important Chabahar port in Iran, a move that will boost regional connectivity as well as trade ties. This is the first time India will take over the management of an overseas port that will also have a multiplier effect on trade among India, Iran and Afghanistan as efforts continue to directly tap the potential in Central Asia, bypassing neighbouring Pakistan.

India Gains Upper Hand In China Port Rivalry

India Gains Upper Hand In China Port Rivalry

Rediff.com15 Apr 2024

The Sittwe deal is more significant than Chabahar in Iran, where India has rights to operate only two terminals and not the port itself.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

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.

Gaza war: India firm on anti-terrorism, urges sustainable Palestinian solution

Gaza war: India firm on anti-terrorism, urges sustainable Palestinian solution

Rediff.com22 Nov 2023

External Affairs Minister S Jaishankar, who addressed the virtual meeting on behalf of Prime Minister Narendra Modi, also pointed out that in response to the crisis in Gaza, India has sent 70 tonnes of humanitarian assistance and will continue its relief assistance.

More Freebies In The Interim Budget?

More Freebies In The Interim Budget?

Rediff.com15 Dec 2023

The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.

BRICS doubles in size with 5 new members; Putin hints at further expansion

BRICS doubles in size with 5 new members; Putin hints at further expansion

Rediff.com3 Jan 2024

In August, the top BRICS leaders at the grouping's summit in Johannesburg approved a proposal to admit six countries, including Argentina, into the bloc with effect from January 1.

In a first, BJP meets SJM, others over joining RCEP

In a first, BJP meets SJM, others over joining RCEP

Rediff.com8 Oct 2019

The BJP's effort comes in the wake of Commerce and Industry Minister Piyush Goyal set to attend the eighth RCEP ministerial meeting in Bangkok from October 10 to 12.

'Pakistan Army Wants To Fix Imran Khan'

'Pakistan Army Wants To Fix Imran Khan'

Rediff.com22 Jul 2024

'Five months after the elections in February 2024, the Pakistan army has not been able to break Imran Khan's resolve and break his political party.'

Modi's economic ministers get cracking

Modi's economic ministers get cracking

Rediff.com28 May 2014

The ministers have begun the Herculean task of arresting price rise, reviving investor confidence and boosting growth.

How Much Did Govt Spend On Minorities?

How Much Did Govt Spend On Minorities?

Rediff.com4 Apr 2023

The ministry of minority affairs informed the Lok Sabha that in 2022-2023, it had been allotted Rs 5,020.5 crore (Rs 50.20 billion); in the Revised Estimates, it had got Rs 2,612.66 crore (Rs 26.12 billion); and had spent, until the end of March this year, Rs 712.5 crore (Rs 7,12 billion).

Probing plot to kill Pannun: US says India needs to hold guilty accountable

Probing plot to kill Pannun: US says India needs to hold guilty accountable

Rediff.com5 Dec 2023

As Finer wrapped up his high-profile visit to India, the White House said Finer 'acknowledged' India's establishment of a committee of enquiry to investigate the 'lethal plotting' and underlined the need for holding accountable those responsible.

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

'Middlemen' part of Shinde's Davos delegation: Aaditya

'Middlemen' part of Shinde's Davos delegation: Aaditya

Rediff.com15 Jan 2024

Former Maharashtra minister and Shiv Sena-Uddhav Balasaheb Thackeray leader Aaditya Thackeray on Monday claimed nearly '50 people', including 'some middlemen' and personal assistants, will be part of the delegation that will travel with Chief Minister Eknath Shinde for the World Economic Forum (WEF) gathering in Davos, Switzerland.