News for 'Economic Intelligence Unit'

Why Is India Not In The Innovation Race?

Why Is India Not In The Innovation Race?

Rediff.com16 Jan 2025

India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.

'India Must Not Support Nepal's Ex-King'

'India Must Not Support Nepal's Ex-King'

Rediff.com17 Apr 2025

'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'

'BJP Won't Be Able To Form Government In Bengal in 2026'

'BJP Won't Be Able To Form Government In Bengal in 2026'

Rediff.com21 Apr 2025

'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'

Prices of industrial commodities to cool off

Prices of industrial commodities to cool off

Rediff.com19 Jul 2007

Prices of almost all industrial commodities, barring cotton, are likely to cool down in 2008, after handsome gains in 2007, when a supply glut is expected to supersede demand.

Why 64% MTech Seats Are Vacant in Indian Colleges

Why 64% MTech Seats Are Vacant in Indian Colleges

Rediff.com23 Jan 2025

The growing decline of MTech applicants in Indian colleges is due to multiple factors, including outdated curricula, poor return on investment and lucrative non-engineering alternatives, say experts.

Modi's Media Triumph With Uncertain Returns

Modi's Media Triumph With Uncertain Returns

Rediff.com20 Mar 2025

'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.

FinMin detects Rs 2,280 cr black money routed through PPP

FinMin detects Rs 2,280 cr black money routed through PPP

Rediff.com25 Sep 2013

About Rs 2,280 crore (Rs 22.80 billion) unaccounted income being allegedly routed through Private Placement Programme (PPP) has been detected by economic intelligence sleuths.

'Zepto Is India's Fastest-Growing Internet Company'

'Zepto Is India's Fastest-Growing Internet Company'

Rediff.com2 Dec 2024

'Domestic investors are opening up to the idea of high-growth Internet companies as a pool of value creation.' 'They like the execution that they see with Zepto, and for us, that is the most important factor.'

Panel to check trade-based money laundering

Panel to check trade-based money laundering

Rediff.com4 Dec 2014

To curb the menace of illicit fund flows, the government has set up a high level panel that will look into trade-based money laundering activities which particularly involve manipulation of invoices.

After LAC tension, now China helps Pak boost military infra along LoC

After LAC tension, now China helps Pak boost military infra along LoC

Rediff.com29 May 2024

This move is seen as part of efforts to strengthen China's ties with Pakistan and safeguard Chinese investments in Pakistan-occupied Kashmir, particularly related to the China-Pakistan Economic Corridor.

Warning! Trump 2.0 Will Be Very Different

Warning! Trump 2.0 Will Be Very Different

Rediff.com8 Jan 2025

'Trump has no more elections to fight and his soaring ambition, which is no secret, will be to carve out a presidential legacy that outshines by far all his mediocre predecessors.' 'Trump's turnaround on the H-1B visa debate shows that he can take tough decisions and there are no holy cows in his domain,' asserts Ambassador M K Bhadrakumar.

Black money: SIT brings new intel agency on board

Black money: SIT brings new intel agency on board

Rediff.com15 Feb 2015

The SIT was created by Supreme Court and notified by the government last year to curb black money.

'Modi will win with largest majority ever recorded'

'Modi will win with largest majority ever recorded'

Rediff.com25 May 2024

Ron Somers, founder and CEO of India First Group and the former President of leading business advocacy group US-India Business Council said that when Lok Sabha election results are declared on June 4, "I believe that Narendra Modi will win Parliament by the largest majority ever recorded in the country's history.

''Baloch Are Humiliated As Indian Agents'

''Baloch Are Humiliated As Indian Agents'

Rediff.com9 Sep 2024

'It has been 14 years since I began living in exile and it's shocking that the situation in Balochistan has only worsened rather than improved.'

After extended winter, signs of thaw in Indian edtech sector

After extended winter, signs of thaw in Indian edtech sector

Rediff.com10 Dec 2024

After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far - 153 per cent more than the $240.9 million across 106 deals during the same period last year - according to data from market intelligence platform Tracxn.

Trump 47: Disruptor Or Savvy Dealmaker?

Trump 47: Disruptor Or Savvy Dealmaker?

Rediff.com21 Jan 2025

Donald Trump's exaggerated opinion of his dealmaking capacity can get him into trouble, observes R Sriram.

Black money: 600 Indians under lens

Black money: 600 Indians under lens

Rediff.com14 Aug 2014

This is the first time that this important nodal national agency for economic intelligence has obtained data on suspected offshore stash of Indians as, till now, such information was only received by the exclusive wing of the Central Board of Direct Taxes.

Crude imports from US rebound as Russia sanctions get tighter

Crude imports from US rebound as Russia sanctions get tighter

Rediff.com12 Sep 2024

Even as Russia and West Asia have been slugging it out for market share in India to sell their crude oil, the US is quietly making its moves on the sidelines. The US has doubled its share of the Indian crude market in the past few months, according to industry sources and ship-tracking data. Some of the increase in America's market share may have come at the expense of Russia, India's biggest crude oil supplier, said industry sources.

EVs and beyond: Auto industry's journey for 2025

EVs and beyond: Auto industry's journey for 2025

Rediff.com24 Dec 2024

Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.

Why 38% of IIT Graduates Are Unemployed

Why 38% of IIT Graduates Are Unemployed

Rediff.com28 Nov 2024

Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.

'America Is In For A Period Of Extended Domestic Turmoil'

'America Is In For A Period Of Extended Domestic Turmoil'

Rediff.com15 Nov 2024

'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'

We Are In An Era Of Puppets And Puppeteers

We Are In An Era Of Puppets And Puppeteers

Rediff.com31 Dec 2024

'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.

Half of top economists expect world economy to weaken in '24

Half of top economists expect world economy to weaken in '24

Rediff.com16 Jan 2024

More than half (56 per cent) of chief economists expect the global economy to weaken in 2024, with most saying the pace of geo-economic fragmentation will accelerate, according to the latest "Chief Economists Outlook" released on Monday at the World Economic Forum (WEF). The report indicates that the global economic prospects remain subdued and uncertain. Challenges include tight financial conditions, geopolitical rifts, and the rapid development of generative artificial intelligence (AI).

Trump contradicts US intelligence on COVID-19 origin

Trump contradicts US intelligence on COVID-19 origin

Rediff.com1 May 2020

'It came out of China and it could have been stopped and I wish they had stopped it and so does the whole world wish they had stopped it'

Yogi Goes All Out For Flawless Mahakumbh

Yogi Goes All Out For Flawless Mahakumbh

Rediff.com24 Dec 2024

For Yogi Adityanath the successful management of the fair is a crucial part of building 'Brand UP' and making the state a $1 trillion economy.

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.

NITI Aayog's artificial intelligence proposal gets FinMin's nod

NITI Aayog's artificial intelligence proposal gets FinMin's nod

Rediff.com10 Sep 2019

NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework.

Success of humanity lies not on battlefield: Modi at UN

Success of humanity lies not on battlefield: Modi at UN

Rediff.com23 Sep 2024

'While on the one hand, terrorism continues to be a serious threat to global peace and security, on the other hand, areas such as cyber, maritime and space, are emerging as new theatres of conflict'

The Spy Who Became A Farmer

The Spy Who Became A Farmer

Rediff.com7 Nov 2024

'Everything about farming is enjoyable and relaxing.'

Happy and proud: Nobel Economics prize winner's mother

Happy and proud: Nobel Economics prize winner's mother

Rediff.com14 Oct 2019

"I am very happy and proud of his achievements. I am yet to speak to him. I think he must be sleeping as it's still night in the United States," she said.

How GenAI Will Impact Jobs

How GenAI Will Impact Jobs

Rediff.com23 Apr 2024

Jobs specialising in the creation and management of AI tools may witness rising salaries due to the niche expertise they require. Skills in AI research, development and the practical application of AI tools in business settings will also see strong demand.

India Has Lost The Way Economically

India Has Lost The Way Economically

Rediff.com1 Dec 2021

India has the lowest labour force participation rate in South Asia and one of the lowest in the world, points out Aakar Patel.

'Baloch Believe Pakistan Will Break Up'

'Baloch Believe Pakistan Will Break Up'

Rediff.com9 Sep 2024

'The struggle of insurgents and pro-independence political activists is fuelled by a deep conviction that not only is a free Balochistan possible, but they also believe that Pakistan will inevitably break apart, leading to Balochistan's independence.'

Qatar Reprieve Highlights India Diplomacy

Qatar Reprieve Highlights India Diplomacy

Rediff.com26 Feb 2024

The incident remains a reminder of the inherent fragilities of all geopolitical relationships.

CBIC steps up vigil over imports of unbranded gold jewellery

CBIC steps up vigil over imports of unbranded gold jewellery

Rediff.com10 Jun 2024

The Central Board of Indirect Taxes and Customs (CBIC) has stepped up its watch on the import of unbranded gold jewellery amid a spurt in seizures on international borders and from importers. During FY24, the CBIC and Directorate of Revenue Intelligence (DRI) jointly seized about 5 tonnes of gold, 30 per cent more than what they did in FY23. In FY23, 3.5 tonnes of gold was confiscated.

How The US Helps India Counter The China Threat

How The US Helps India Counter The China Threat

Rediff.com4 Nov 2024

Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion' into Tawang at the LAC in December 2022, helping India thwart China's expansionist designs, show how operationally effective the USA-India friendship has become on the ground. A engaging excerpt from Sreeram Chaulia's must-read new book, Friends: India's Closest Strategic Partners.

Poll effect: Suspected securities deals under scanner

Poll effect: Suspected securities deals under scanner

Rediff.com30 Mar 2014

The Central Economic Intelligence Bureau, lead agency under Finance Ministry to gather and disseminate intelligence related to financial crimes, has traced illegal flow of money through Private Placement Programme, which involves offering of securities to select individuals or groups, upto 50 in numbers, official sources said.

EC sets up special panel to curb cash distribution, with eye on TN

EC sets up special panel to curb cash distribution, with eye on TN

Rediff.com14 Mar 2019

CEC Sunil Arora will meet former heads of Central Board of Direct Taxes and Central Board of Indirect Taxes and Customs on Friday to discuss ways to keep a check on black money disbursements in South India, especially Tamil Nadu.

Valuations, access to capital spur fintechs' homecoming

Valuations, access to capital spur fintechs' homecoming

Rediff.com4 Jun 2024

Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?

India's diamond trade financing terror?

India's diamond trade financing terror?

Rediff.com17 Mar 2015

Trading of diamonds especially with a gulf country has come under the lens of intelligence agencies here for suspected terror financing and money laundering.