News for 'Economic Constitution of India'

Challenges To Opposition Unity Continue

Challenges To Opposition Unity Continue

Rediff.com24 Apr 2023

The Congress is planning to call a meeting of Opposition parties in May. It is possible to keep all possibilities open in case Karnataka yields a hung House, leading to a recalibrated Opposition.

'This is governance by fear'

'This is governance by fear'

Rediff.com22 Aug 2023

'The Emergency was a temporary affair. It was withdrawn after 20 months.' 'But we are in this situation for the last 10 years.' 'If the Emergency was jhatka, this is halal, slow killing.'

SC stays Kerala HC proceedings on plea against 10% EWS quota

SC stays Kerala HC proceedings on plea against 10% EWS quota

Rediff.com24 Sep 2021

A bench comprising Chief Justice N V Ramana and Justices Surya Kant and Hima Kohli also issued notice on the plea filed by the Centre seeking transfer of the case from the high court to the apex court which had earlier referred to the similar case for adjudication to a five-judge Constitution bench.

NITI pegs India's gig workforce at 2.35 cr by FY30

NITI pegs India's gig workforce at 2.35 cr by FY30

Rediff.com27 Jun 2022

India's gig workforce is expected to expand to 2.35 crore by 2029-30 from 77 lakh in 2020-21, a NITI Aayog report said on Monday, and recommended extending social security measures for such workers and their families in partnership mode as envisaged in Code on Social Security. The report titled 'India's Booming Gig and Platform Economy' further said gig workers are expected to form 6.7 per cent of the non-agricultural workforce or 4.1 per cent of the total livelihood in India by 2029-30. Gig workers can be broadly classified into platform and non-platform workers.

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Rediff.com26 Apr 2022

Thousands of demonstrators have hit the streets since April 9, as the government ran out of money for vital imports; prices of essential commodities have skyrocketed and there are acute shortages in fuel, medicines and electricity supply.

'Nobody in India will be saved'

'Nobody in India will be saved'

Rediff.com23 Apr 2022

'Nobody will be saved if you don't stop this ideological and political-strategic bulldozer.'

Justice Chandrachud ruled on Ayodhya dispute, right to privacy, adultery

Justice Chandrachud ruled on Ayodhya dispute, right to privacy, adultery

Rediff.com17 Oct 2022

Dhananjaya Y Chandrachud, however, had no qualms about overturning the judgements of father Y V Chandrachud on hot- button issues like adultery and the right to privacy.

When Narasimha Rao Agreed To A JPC

When Narasimha Rao Agreed To A JPC

Rediff.com14 Apr 2023

There is, between Rao's tenure as PM and the current Modi regime, a powerful resonance of how transition can be managed. Rao's tenure saw many scams -- one where he was supposedly approached by Harshad Mehta with a bribe for making the securities scam go away. The Opposition insisted on a JPC. Despite knowing a JPC report would undermine him politically, Rao agreed to one, saying he had 'nothing to hide'.

10 economic commandments for Modi

10 economic commandments for Modi

Rediff.com29 Sep 2017

Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.

Maruti to roll out first EV next fiscal, five more by FY30

Maruti to roll out first EV next fiscal, five more by FY30

Rediff.com27 Jan 2023

Maruti will launch its first electric vehicle (EV) in the next financial year (FY24), and will roll out six EVs in the country by FY30, the automaker's parent firm Suzuki said on Thursday.

Rebalancing India-China, The Sri Lanka Way

Rebalancing India-China, The Sri Lanka Way

Rediff.com14 Feb 2022

Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.

Is Nehru Responsible For Indian Muslims' Plight?

Is Nehru Responsible For Indian Muslims' Plight?

Rediff.com28 Sep 2023

Pratinav Anil is able to foresee some agency and assertion on the part of India's Muslims. His hope emanates from the citizenship rights movement of Muslims in 2019-2020, notes Mohammad Sajjad.

Bharat Jodo Yatra is no one's Man ki Baat: Jairam Ramesh

Bharat Jodo Yatra is no one's Man ki Baat: Jairam Ramesh

Rediff.com21 Dec 2022

Reiterating the need for 'Bharat Jodo Yatra', Congress MP and party general secretary (communications) Jairam Ramesh said there's lurking danger of breaking 'Bharat' due to the discriminative policies of the Modi government and therefore there is a need of Bharat Jodo led by Rahul Gandhi.

'Rajapaksa didn't trust India, tilted towards China'

'Rajapaksa didn't trust India, tilted towards China'

Rediff.com15 Jul 2022

'A fragile Sri Lanka will have a serious impact on the security of India.'

'The only hope is Uniform Civil Code'

'The only hope is Uniform Civil Code'

Rediff.com24 Jul 2023

'UCC should be across India and legally applicable to every Indian citizen.'

'Modi government will favour caste census if...'

'Modi government will favour caste census if...'

Rediff.com31 Jan 2023

'...it gets a survey report that they are going to lose elections.' 'The fear of losing elections will make them immediately conduct a caste census.'

No plan to release 2011 caste census data at this stage: Govt

No plan to release 2011 caste census data at this stage: Govt

Rediff.com26 Jul 2022

Union Minister of State for Home Nityanand Rai also said that the central government has not enumerated caste-wise population other than SCs and STs in census since Independence.

Defence stocks firing on all cylinders this year

Defence stocks firing on all cylinders this year

Rediff.com24 Aug 2023

Stocks of defence-related companies have been firing on all cylinders on the bourses in calendar year 2023 (CY23). Shares of Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Bharat Dynamics (BDL), Data Patterns, MTAR Tech, Cochin Shipyard and GRSE have rallied in the range of 21-96 per cent so far this year. By comparison, the BSE Sensex is up 8 per cent. The gains have been sustained on the back of robust export opportunities, a healthy project pipeline and the government's continued push for local manufacturing and indigenisation of defence equipment.

Indians remitted $6 bn in Q1FY23 under LRS scheme

Indians remitted $6 bn in Q1FY23 under LRS scheme

Rediff.com22 Aug 2022

Outward remittances under the Reserve Bank of India's (RBI's) liberalised remittance scheme (LRS) made a strong comeback in the first quarter of FY23 as Indians increased spending on international travel, maintenance of close relatives, and gifts. The latest data for Q1FY23 released by the RBI shows that remittance by Indians under the scheme jumped 64.75 per cent to over $6.04 billion from $3.67 billion in Q1FY22. The amount remitted in Q1FY23 is even higher than that in Q4FY22, where outward remittance under LRS was to the tune of $5.8 billion. In April, about $2.02 billion was remitted, followed by $2.03 billion in May, and $1.98 billion in June, data released by RBI in the August bulletin shows.

Justice Chandrachud set to become 50th CJI on Wednesday

Justice Chandrachud set to become 50th CJI on Wednesday

Rediff.com8 Nov 2022

Justice Chandrachud will serve as the CJI for two years till November 10, 2024.

Act against corrupt, however powerful, without fear, Modi tells CBI

Act against corrupt, however powerful, without fear, Modi tells CBI

Rediff.com3 Apr 2023

There is no dearth of political will today to act against corruption and officers should take action against the corrupt, however powerful, without any hesitation, Prime Minister Narendra Modi said on Monday.

Big win for Modi govt as SC approves DeMo process with 4:1 majority

Big win for Modi govt as SC approves DeMo process with 4:1 majority

Rediff.com2 Jan 2023

In a big win for the Narendra Modi government, the Supreme Court in a 4:1 majority verdict on Monday gave its stamp of approval to the Centre's 2016 decision to demonetise the Rs 1,000 and Rs 500 denomination currency notes, saying the decision-making process was neither flawed nor hasty.

Is It Time To Invest In Silver?

Is It Time To Invest In Silver?

Rediff.com17 May 2023

The rally in silver may continue if the global economic recovery remains on course.

India Is Beating China At Its Own Game

India Is Beating China At Its Own Game

Rediff.com21 Dec 2021

Whether it is Sri Lanka, Maldives, or Nepal, quietly but steadily, India has been reclaiming some of the ground it had lost to China, observes Aditi Phadnis.

'If BJP Is Not Re-Elected, Foreign Investors May Sell'

'If BJP Is Not Re-Elected, Foreign Investors May Sell'

Rediff.com15 Jun 2023

'The biggest risk to the Indian markets from a 12-18-month view is that the current government does not get re-elected, or loses in a way that is not represented at all in the next central government.'

'Amrut Kaal is not an instant noodle'

'Amrut Kaal is not an instant noodle'

Rediff.com6 Feb 2023

'Modi has sowed the seeds of a transformational change.' 'For the sake of the nation and our children I hope he succeeds.'

'Biren Singh's BJP government is playing with fire in Manipur'

'Biren Singh's BJP government is playing with fire in Manipur'

Rediff.com18 May 2023

'Had it not been for the complicity of the state and Biren Singh's leadership, these riots would not have spread this far and for so long.'

SC asks states, UTs to clear salary, dues of lower court judges

SC asks states, UTs to clear salary, dues of lower court judges

Rediff.com19 May 2023

The SNJPC recommendations cover pay structure, pension and family pension and allowances besides dealing with the issue of establishing a permanent mechanism to determine subjects of service conditions of district judiciary.

No one is taking action on hate speech despite our orders, says SC

No one is taking action on hate speech despite our orders, says SC

Rediff.com2 Feb 2023

The Supreme Court on Thursday lamented that nobody was taking action against hate speeches despite its orders, and observed that the top court will be left "embarrassed again and again" if it is asked to give further directions to curb such statements.

When Pakistan Was Keen On A Kashmir Solution

When Pakistan Was Keen On A Kashmir Solution

Rediff.com3 May 2023

Manmohan Singh and Musharraf felt that what they were embarking upon, if successful, could lead to a future of boundless potential for the two countries and for the relationship that was hard to foresee from the prism of the existing situation and the historical position and orthodox ideas on both sides.

Kharge extends hand to parties to defeat BJP, says ready for sacrifices

Kharge extends hand to parties to defeat BJP, says ready for sacrifices

Rediff.com25 Feb 2023

In the prevailing difficult circumstances, the Congress is the only party that can provide capable and decisive leadership to the country, Kharge asserted.

Is It Time For 5 Regional RBIs?

Is It Time For 5 Regional RBIs?

Rediff.com7 Feb 2023

Despite its admirable competence and proven track record, the RBI doesn't have the capacity to supervise an economy that's growing so fast and becoming larger by the year, points out T C A Srinivasa Raghavan.

Centre should privatise all PSBs, except State Bank of India: NCAER

Centre should privatise all PSBs, except State Bank of India: NCAER

Rediff.com12 Jul 2022

The Centre should privatise all public sector banks (PSBs), except the State Bank of India (SBI). This is because private banks have emerged as a credible alternative to PSBs with substantial market share. Also, government ownership hinders the ability of the Reserve Bank of India (RBI) to regulate the sector, according to a report by the National Council of Applied Economic Research (NCAER).

How India can counter China

How India can counter China

Rediff.com28 Jul 2020

'If Asia does become a Chinese dominated space, it will not only be because India failed to get its economic act together but also because it did not stand up for its democratic credentials,' warns Shyam Saran, the former foreign secretary.

As India watches, China grows powerful in Sri Lanka

As India watches, China grows powerful in Sri Lanka

Rediff.com8 Jun 2021

Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).

Sebi proposes enhanced disclosure requirements for high-risk FPIs

Sebi proposes enhanced disclosure requirements for high-risk FPIs

Rediff.com1 Jun 2023

The Securities and Exchange Board of India (Sebi) has proposed stricter disclosure norms for certain foreign portfolio investors (FPIs) to bring in more transparency and trust against the backdrop of the Adani-Hindenburg Research saga. Under the new norms, FPIs with an exposure of more than 50 per cent to a single group or with assets of over Rs 25,000 crore will be tagged as 'high risk' and will be required to provide additional information such as full identification of their ownership, economic interests, and control rights. A failure to provide these disclosures will lead to invalidation of the FPI registration.

'Make caste discrimination in schools and colleges a crime'

'Make caste discrimination in schools and colleges a crime'

Rediff.com1 Jun 2023

'The government should immediately enact an Act to make caste discrimination a criminal offence and lay down a procedure similar to that of the Anti-Ragging Act.' 'Ragging has nearly been eliminated because it is treated as a criminal offence.' 'Similar procedure should be used in case of caste discrimination.'

Why Deloitte resigned as Adani Ports' auditor

Why Deloitte resigned as Adani Ports' auditor

Rediff.com13 Aug 2023

Before resigning as an auditor of an Adani Group firm, Deloitte had sought an independent external examination of allegations made by a US short-seller but the company said the allegations had no effect on financial statements and the reasons cited for quitting were not convincing to warrant such a move. In a 163-page filing with stock exchanges relating to Deloitte Haskins & Sells LLP's resignation, Adani Ports and Special Economic Zone (APSEZ) said that in meetings with its leadership, Deloitte indicated concern over a lack of a wider audit role as auditors of other listed Adani companies. However, the firm conveyed to the auditor that it was not within its remit to recommend such appointments as other entities are "completely independent".

Produce 2016 note ban records: SC to Centre, RBI

Produce 2016 note ban records: SC to Centre, RBI

Rediff.com7 Dec 2022

"Heard. Judgement reserved. Learned counsels of the Union of India and Reserve Bank of India are directed to produce the relevant records," the bench, also comprising Justices B R Gavai, A S Bopanna, V Ramasubramanian, and B V Nagarathna, said.

Row over Rahul 'dodging question' over Congress's economic policies

Row over Rahul 'dodging question' over Congress's economic policies

Rediff.com10 Mar 2018

The controversial interaction took place on Thursday when Rahul began taking questions from the audience.