News for 'Economic Affairs'

How diplomatic row with Canada will test Indo-US ties

How diplomatic row with Canada will test Indo-US ties

Rediff.com19 Sep 2023

Experts say Canada's allegations regarding the Indian government's involvement in the fatal shooting of Khalistan Tiger Force chief Hardeep Singh Nijjar in Canada 'could be most significant test of strength of US-India partnership since early 2000s'.

In Colombo Jaishankar stresses on devolution of power to Tamils under 13A

In Colombo Jaishankar stresses on devolution of power to Tamils under 13A

Rediff.com20 Jan 2023

India considers the full implementation of the 13th Amendment in Sri Lanka "critical" for achieving reconciliation with the minority Tamil community, External Affairs Minister S Jaishankar said on Friday, underlining that New Delhi has always supported both the political and economic stability in the island nation.

Is The BJP Stung By Rahul's Walk?

Is The BJP Stung By Rahul's Walk?

Rediff.com23 Dec 2022

Nowadays, our politics is habituated to sitting on a high pedestal, hobnobbing with world leaders, generating impressions of a superpower and returning to earth for the purpose of winning elections. In contrast, the yatra never left earth, observes Shyam G Menon.

Is India's love affair with gold over?

Is India's love affair with gold over?

Rediff.com22 Aug 2016

Imports in 2016 expected to be lowest in 7 years but experts don't rule out a revival in demand if the yellow metal's price falls

Centre keen to boost economic intelligence body

Centre keen to boost economic intelligence body

Rediff.com12 Apr 2012

To capitalise on the proposed changes in the Budget and the information on black money available with the government, the government is revitalising the economic intelligence council (EIC) headed by finance minister Pranab Mukherjee.

India facing 'very complicated challenge' from China: Jaishankar

India facing 'very complicated challenge' from China: Jaishankar

Rediff.com28 May 2023

External Affairs Minister S Jaishankar has said India faces a 'very complicated challenge' from China, and the Narendra Modi government has taken steps to ensure no attempts are made to change the status quo in the border areas unilaterally.

Xi, Sharif to attend virtual SCO meet hosted by India

Xi, Sharif to attend virtual SCO meet hosted by India

Rediff.com30 Jun 2023

At the invitation of Prime Minister Narendra Modi, President Xi Jinping and PM Shehbaz Sharif will attend via video conference, the 23rd meeting of the Council of Heads meeting of the SCO on July 4.

Jaishankar to hold talks with Chinese FM, meet with Bilawal unlikely

Jaishankar to hold talks with Chinese FM, meet with Bilawal unlikely

Rediff.com4 May 2023

External Affairs Minister S Jaishankar is set to hold separate bilateral talks with his Chinese counterpart Qin Gang and Russia's Sergey Lavrov at a beach resort in Goa on Thursday on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) amid rapidly evolving regional security situation.

Who will be India's new oil regulator?

Who will be India's new oil regulator?

Rediff.com16 Dec 2021

Former oil secretary Tarun Kapoor, present and former chairmen of ONGC and a former director of IOC, are among over a dozen people who have applied for the top job at the oil and gas regulator, PNGRB, sources said. Kapoor, who superannuated as Secretary to the Ministry of Petroleum and Natural Gas last month, is the most prominent name in the list of 13 persons who have applied to become the chairman of Petroleum and Natural Gas Regulatory Board (PNGRB). Oil and Natural Gas Corporation (ONGC) chairman and managing director Subhash Kumar and his predecessor Shashi Shanker are also in the race and so is G K Satish, who superannuated as Director for Planning and Business Development from Indian Oil Corporation (IOC) a couple of months back.

NEET, Vishwakarma Scheme, And Tamil Angst

NEET, Vishwakarma Scheme, And Tamil Angst

Rediff.com28 Sep 2023

Medical seats for under-graduates and post-graduates remaining vacant in the NEET era, together with the Centre 'freezing' the number of medical colleges and seats in (Dravidian) Tamil Nadu and the launch of the PM's 'Vishwakarma Scheme' for the nation's craftsmen, are all seen as a bid to further reverse the state's progressive socio-economic agenda of and its achievements of the past hundred-plus years, argues N Sathiya Moorthy.

At all-party meet, Oppn seeks discussion on Adani group in Parliament

At all-party meet, Oppn seeks discussion on Adani group in Parliament

Rediff.com30 Jan 2023

The government on Monday said it was willing to discuss every issue under rules during the Budget session of Parliament and sought the support of the Opposition in running the proceedings smoothly.

India a global economic powerhouse: Iran

India a global economic powerhouse: Iran

Rediff.com18 May 2010

Iranian President Mahmoud Ahamadinejad on Tuesday described India as a global leader and an economic powerhouse during a 30-minute interaction with visiting Indian Foreign Minister S M Krishna.

Solution To Real Estate Insolvencies Soon

Solution To Real Estate Insolvencies Soon

Rediff.com18 May 2023

'In real estate project insolvency, no one size can fit all.'

Unruffled By Pitch, RBI Governor Bats Like Dravid

Unruffled By Pitch, RBI Governor Bats Like Dravid

Rediff.com19 Dec 2023

While the economy seems to be on a firm growth path, the fight against inflation is not over yet. Shaktikanta Das seems to be in no hurry. After playing well through a five-year Test match, he doesn't want to get out hit wicket, observes Tamal Bandyopadhyay.

India, Greece elevate ties to strategic level; vow to double bilateral trade

India, Greece elevate ties to strategic level; vow to double bilateral trade

Rediff.com25 Aug 2023

In reflection of their growing congruence in areas of defence and security, the two sides, following the Modi-Mitsotakis talks, agreed to set up an institutional dialogue at the level of national security advisors, and boost defence industrial cooperation.

It's official, govt will divest stake in LIC

It's official, govt will divest stake in LIC

Rediff.com12 Jul 2021

The Union Cabinet has cleared disinvestment of the country's largest insurer LIC and a panel headed by the finance minister will now decide on the quantum of stake dilution, a senior official said on Monday. The Department of Investment and Public Asset Management (DIPAM) had in January appointed actuarial firm Milliman Advisors LLP India to assess the embedded value of LIC ahead of the IPO (initial public offering), which is touted to be the biggest public issue in Indian corporate history. The Budget amendments to the LIC Act has been notified and the actuarial firm is expected to finalise the embedded value of the life insurer. Under the embedded value method, the insurance company's present value of future profit is also included in its present net asset value.

Modi to visit mosque in Egypt renovated by Bohri Muslims

Modi to visit mosque in Egypt renovated by Bohri Muslims

Rediff.com19 Jun 2023

Prime Minister Narendra Modi, during his first tour of Egypt, will visit the 11th century Al-Hakim mosque and will also pay tribute to the Indian soldiers who died fighting for Egypt during the First World War, said Foreign Secretary Vinay Mohan Kwatra on Monday.

Will Rakesh Mohan be the new RBI Governor?

Will Rakesh Mohan be the new RBI Governor?

Rediff.com22 Jun 2016

The appointment will be made by Prime Minister Narendra Modi in consultation with Finance Minister Arun Jaitley.

In order not to alienate majority...: Tharoor's message to Cong

In order not to alienate majority...: Tharoor's message to Cong

Rediff.com26 Feb 2023

Tharoor said the Congress should stand up for its foundational principles.

No One Hears A Woman's Silent Screams

No One Hears A Woman's Silent Screams

Rediff.com15 Dec 2023

The most common abuse happens in marriages in the confines of one's own home. Be it raising a hand on one's spouse without the slightest provocation, or abusing them without their consent, notes Aarti David.

Economic crisis India fared better, says Preneet

Economic crisis India fared better, says Preneet

Rediff.com26 Jun 2009

Though affected by the current global economic meltdown, India has fared much better than other countries of the world, Minister of State for External Affairs Preneet Kaur said on Friday.

SCO vows to prevent spread of terror, eliminate sleeper cells

SCO vows to prevent spread of terror, eliminate sleeper cells

Rediff.com4 Jul 2023

The declaration said the SCO leaders reaffirmed their commitment to peaceful settlement of disagreements and disputes between countries through dialogue and consultations.

In India, Saudi deals, a message for Pak on terror

In India, Saudi deals, a message for Pak on terror

Rediff.com11 Sep 2023

India and Saudi Arabia on Monday called on states to reject the use of terrorism against other countries and prevent access to weapons, including missiles and drones, to commit acts of terror.

GST: Success And The Way Forward

GST: Success And The Way Forward

Rediff.com12 Jul 2023

No longer a discretion of the tax administrator, the audit of returns filed by taxpayers is now based on a selection by algorithms, notes Tarun Bajaj.

Is inflation GOOD for growth?

Is inflation GOOD for growth?

Rediff.com21 Sep 2012

"Historically, all possible combinations have occurred: inflation with and without [economic] development, no inflation with and without [economic] development".

PM 'blaming' Pranab for economic slowdown: BJP

PM 'blaming' Pranab for economic slowdown: BJP

Rediff.com6 Jul 2012

The Bharatiya Janata Party on Friday alleged Prime Minister Manmohan Singh is "directly and openly" trying to put all the blame for the economic slowdown on former Finance Minister Pranab Mukherjee and charged that he was equally responsible for the state of affairs.

Govt calls all-party meet on Sri Lanka as Tamil parties seek intervention

Govt calls all-party meet on Sri Lanka as Tamil parties seek intervention

Rediff.com17 Jul 2022

During a meeting of parties convened on Sunday ahead of the Monsoon Session of Parliament, Tamil Nadu-based Dravida Munnetra Kazhagam and All India Anna Dravida Munnetra Kazhagam demanded India intervene in the neighbouring country which is facing a debilitating economic crisis.

Cash crunch: Suspected hoarding of Rs 2,000 notes to be probed

Cash crunch: Suspected hoarding of Rs 2,000 notes to be probed

Rediff.com19 Apr 2018

The rate of cash withdrawals over deposits was almost double in Uttar Pradesh, Andhra Pradesh and Telangana, according to the latest analysis submitted by the RBI to the finance ministry.

Hardliners, no women: Full list of new Taliban Cabinet

Hardliners, no women: Full list of new Taliban Cabinet

Rediff.com8 Sep 2021

Mullah Muhammad Hassan Akhund is appointed as Prime Minister with two deputies Mullah Abdul Ghani Baradar and Molavi Abdul Salam Hanafi.

Modi to visit US, Egypt from June 20-25. Details here

Modi to visit US, Egypt from June 20-25. Details here

Rediff.com16 Jun 2023

Modi's visit to the US will commence in New York, where he will lead the celebrations of the International Day of Yoga at the headquarters of the United Nations on June 21.

'How would America respond if China invades India?'

'How would America respond if China invades India?'

Rediff.com29 Jun 2023

'India will want a lot of help from the US, but it's not going to want US troops.'

Bill on crypto currencies likely in winter session of Parliament

Bill on crypto currencies likely in winter session of Parliament

Rediff.com15 Nov 2021

The government is likely to introduce a bill on crypto currencies during the winter session of Parliament beginning November 29, amid concerns over such currencies being allegedly used for luring investors with misleading claims and for funding terror activities, sources said on Monday. Currently, there are no particular regulations or any ban on use of crypto currencies in the country. Against this backdrop, Prime Minister Narendra Modi, on Saturday, held a meeting on the crypto currencies with senior officials and indications are that strong regulatory steps could be taken to deal with the issue.

Modi to visit Iran to boost economic ties

Modi to visit Iran to boost economic ties

Rediff.com17 May 2016

The visit will provide thrust to expand bilateral cooperation

Vodafone's India plan in limbo

Vodafone's India plan in limbo

Rediff.com13 Nov 2013

The Department of Telecom, Department of Industrial Policy and Promotion, Ministry of Home Affairs, Ministry of External Affairs and the Department of Economic Affairs had to give their comments on the proposal, sources said.

Sitharaman asks ministries to front-load their capital expenditure

Sitharaman asks ministries to front-load their capital expenditure

Rediff.com4 Jun 2021

Finance Minister Nirmala Sitharaman on Friday pitched for front loading of capital expenditure, saying it is critical for revitalisting the economy post the coronavirus pandemic. During a virtual meeting with senior government officials to discuss the infrastructure roadmap ahead, she also asked ministries to aim to achieve more than their capital expenditure (capex) targets. The Union Budget 2021-22 provided a capital outlay of Rs.5.54 lakh crore, a sharp increase of 34.5 per cent over the Budget Estimate of 2020-21.

China slams Quad meet, says talks should contribute to mutual trust, peace

China slams Quad meet, says talks should contribute to mutual trust, peace

Rediff.com3 Mar 2023

Chinese foreign ministry spokesperson Mao Ning said China believes that state-to-state interactions should be in line with the trend of the time which is peace and development rather than exclusivity.

Zelenskyy writes to Modi; seeks aid, medical supply

Zelenskyy writes to Modi; seeks aid, medical supply

Rediff.com12 Apr 2023

Ukraine's First Deputy Foreign Minister Emine Dzhaparova has conveyed to her Indian interlocutors Kyiv's desire to build a stronger and closer relationship with New Delhi.

'Today it's Canada, it could be something else tomorrow'

'Today it's Canada, it could be something else tomorrow'

Rediff.com21 Sep 2023

'You know the kind of force involved in all of this. They are not good for the country where all of this will happen.'

Balanced Budget to help Indian economic growth: Pilot

Balanced Budget to help Indian economic growth: Pilot

Rediff.com28 Feb 2013

The allocations for social sectors either have been maintained or increased.

Shaktikanta Das first RBI governor under Modi to get extension

Shaktikanta Das first RBI governor under Modi to get extension

Rediff.com29 Oct 2021

The government has extended the term of Reserve Bank of India Governor Shaktikanta Das by another three years upto December 2024, according to an official order.