News for 'Economic Policy Institute'

Some foreign universities acting as centres of anti-India activities: Dhankhar

Some foreign universities acting as centres of anti-India activities: Dhankhar

Rediff.com20 Apr 2023

Vice President Jagdeep Dhankhar on Thursday said "dangers are emanating from outfits", including some foreign universities, doubling up as centres of subversive anti-India activities out to demolish the country's civilisation ethos and sully and muddy its growth.

No dramatic reforms in Modi's foreign policy: Chinese media

No dramatic reforms in Modi's foreign policy: Chinese media

Rediff.com29 May 2015

An article said Modi's decision to provide e-visas for Chinese nationals is inadequate and it should be extended to business and work visas.

Policy reform to support India's growth potential: Moody's

Policy reform to support India's growth potential: Moody's

Rediff.com8 Dec 2014

The outlook for India's rating would improve if fiscal, inflation and infrastructure metrics get better, a global report said.

Urjit Patel's resignation highlights risks to RBI's policy priorities: Fitch

Urjit Patel's resignation highlights risks to RBI's policy priorities: Fitch

Rediff.com12 Dec 2018

Fitch said the full implications of Patel's resignation will only become clearer once there is some indication of the RBI's policy approach under his replacement, Shaktikanta Das

'No wish for revenge': Nawaz Sharif returns to Pak after 4 yrs

'No wish for revenge': Nawaz Sharif returns to Pak after 4 yrs

Rediff.com21 Oct 2023

When I was leaving Pakistan and going abroad I had no feeling of happiness but today I am happy, Sharif said.

India's growth journey will shape world's future: Chandrasekaran

India's growth journey will shape world's future: Chandrasekaran

Rediff.com25 Aug 2023

India is well positioned to lead the global transitions of digital and artificial intelligence, energy, value supply chains, and the country's growth journey will shape the world's future, B20 India chair N Chandrasekaran said on Friday. In his address to the B20 Summit India 2023, Chandrasekaran, who is also the chairman of Tata Sons, asserted that India stands as a beacon of growth and positively stands out in the global economy, which is facing strong headwinds, tightest rate cycle in decades and record levels of public debt. "The world is currently navigating through three important fundamental transitions.

Pak troops to receive training at Russian military institutes

Pak troops to receive training at Russian military institutes

Rediff.com8 Aug 2018

Russia has over the past three years provided four Mi-35M combat and cargo helicopters to Pakistan and the militaries of the two countries also held joint drills codenamed 'Friendship'.

Pannun 'Plot': 'Biden has received a wake up call'

Pannun 'Plot': 'Biden has received a wake up call'

Rediff.com4 Dec 2023

'US officials must grapple with the possibility that one of its closest partners attempted an extrajudicial killing on its soil.' 'This is not something that friends typically do to friends.'

'Lacklustre Market Is Good Time To Invest'

'Lacklustre Market Is Good Time To Invest'

Rediff.com1 Nov 2023

'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'

Russia's Unease Over India-US Proximity

Russia's Unease Over India-US Proximity

Rediff.com5 Mar 2024

The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.

SC strikes down electoral bonds as 'unconstitutional', orders disclosure of donors

SC strikes down electoral bonds as 'unconstitutional', orders disclosure of donors

Rediff.com16 Feb 2024

In a landmark judgment that delivered a big blow to the government, the Supreme Court on Thursday annulled the electoral bonds scheme, saying it violates the constitutional right to freedom of speech and expression as well as the right to information.

Rajan warns of risks from yuan devaluation

Rajan warns of risks from yuan devaluation

Rediff.com20 Aug 2015

An unexpected devaluation of yuan saw it plunge the most in 20 years.

Time to worry about India's economic future

Time to worry about India's economic future

Rediff.com18 Jan 2017

'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.

All you need to know about National Rare Disease Policy

All you need to know about National Rare Disease Policy

Rediff.com9 Mar 2018

Rs 100 crore funds have been allocated towards genetic disorders.

Investors budget for growth on Feb 1; tax sops for salaried expected

Investors budget for growth on Feb 1; tax sops for salaried expected

Rediff.com24 Jan 2023

Reminiscent of the past two years, the market has made positive strides ahead of the Union Budget 2023-24 (FY24). The benchmark National Stock Exchange Nifty has gained 1.8 per cent in the last month. Typically, markets tend to gain ahead of the Budget as investors build in optimism.

'Narasimha Rao was a prime minister with an open mind'

'Narasimha Rao was a prime minister with an open mind'

Rediff.com2 May 2023

'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'

The State Has Rolled The Dice Of Growth

The State Has Rolled The Dice Of Growth

Rediff.com25 Sep 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

Rajan flays easy monetary policy; wants global crisis 'safety net'

Rajan flays easy monetary policy; wants global crisis 'safety net'

Rediff.com11 Apr 2014

RBI Governor flayed easy monetary policy of central banks in advanced economies saying it is "more cause than medicine".

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Rediff.com23 Feb 2023

At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

Indian markets have limited upside in the near-term; buy the dips: Nomura

Indian markets have limited upside in the near-term; buy the dips: Nomura

Rediff.com13 Jun 2023

Indian equity markets have a limited upside potential in the near-term as they negotiate the ensuing cyclical slowdown, wrote analysts at Nomura in a recent coauthored report led by Saion Mukherjee, their managing director and head of equity research for India. He, however, believes that the foundations are in place for sustainable growth over the medium-to-long term, and hence suggests a 'buy on dips' strategy to equity investors. As an investment strategy, Nomura prefers domestic-oriented sectors and companies over exporters, and prefers stocks that provide valuation comfort. Industrials and banks are their overweight sectors, while IT services and consumer discretionary are their underweight sectors.

Budget content would be decided by economic realities: Jaitley

Budget content would be decided by economic realities: Jaitley

Rediff.com18 Jan 2019

Jaitley also hinted that these very economic realities could decide whether the government sticks to a fiscal consolidation roadmap or not.

IIT Delhi in Gulf, trade in local currencies: Modi concludes 'productive' UAE visit

IIT Delhi in Gulf, trade in local currencies: Modi concludes 'productive' UAE visit

Rediff.com15 Jul 2023

Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award, in 2019 as a mark of appreciation for his efforts to boost bilateral ties between the two nations.

Strong FPI flows, buoyant retail sentiment to keep bulls snorting

Strong FPI flows, buoyant retail sentiment to keep bulls snorting

Rediff.com3 Jul 2023

Indices across Indian equity markets have edged towards new record highs before undergoing a small correction in the past few sessions. The National Stock Exchange Nifty has gained 20 per cent in the past year; mid-caps (up 33 per cent), small-caps (up 31 per cent), and micro-caps (up 44 per cent) have done better. Several factors have precipitated this rally.

UPA brought fundamental reset in foreign policy: PM

UPA brought fundamental reset in foreign policy: PM

Rediff.com4 Nov 2013

We present the highlights of Prime Minister Manmohan Singh's address at the annual conclave of Indian ambassadors/high commissioners abroad in New Delhi on Monday.

A Modi-fied foreign policy: Change with continuity

A Modi-fied foreign policy: Change with continuity

Rediff.com17 May 2014

The major driver of Mod's foreign policy can be gauged from his economic priorities such as creating employment opportunities for the youth bulge. Related to this is emphasis on manufacturing, and infrastructure development, which in turn raises the issue of FDI. He has already articulated his views on all these issues, says Rup Narayan Das.

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga becomes first Indian-American to head World Bank

Rediff.com3 May 2023

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."

BJP delivers 'Panchamrit' for India's foreign policy

BJP delivers 'Panchamrit' for India's foreign policy

Rediff.com3 Apr 2015

In the first-ever separate resolution on foreign policy brought in its National Executive in Bengaluru, BJP attacked the previous Congress-led Government, saying "a cursory glance at the 'lost decade' of the UPA, reveals retreat and a loss of direction in engaging with neighbours, ham-handed diplomacy vis--vis Pakistan and a blind-spot in our foreign policy to the Indian Ocean island states."

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.'

Jaishankar meets Russian FM Lavrov ahead of G20 meet

Jaishankar meets Russian FM Lavrov ahead of G20 meet

Rediff.com1 Mar 2023

External Affairs Minister S Jaishankar on Wednesday held wide-ranging talks with his Russian counterpart Sergey Lavrov focusing on the Ukraine conflict, bilateral ties and issues relating to the G20 foreign ministers' meeting.

India-China Tensions Move To Global Arena

India-China Tensions Move To Global Arena

Rediff.com23 Aug 2023

'The future of BRICS is under stress as Chinese attempts to expand the platform are being resisted by India and Brazil.' 'Beijing is focused on a quick expansion with the aim of giving the platform a distinctly anti-Western orientation, which New Delhi and Brasilia seem to have no interest in,' notes Harsh V Pant.

War against inflation has not yet been won: RBI

War against inflation has not yet been won: RBI

Rediff.com20 Apr 2023

The RBI's Monetary Policy Committee brainstormed the impact of any future shocks on the inflation trajectory and stressed monitoring the cumulative effect of monetary policy actions over the past one year, which is still unfolding, revealed minutes of the rate-setting panel released on Thursday. The minutes of the meeting of the Monetary Policy Committee (MPC), headed by Reserve Bank Governor Shaktikanta Das, also indicated it would be premature to declare an end to the monetary tightening cycle, which started in May 2022 to check high inflation following the outbreak of the Russia-Ukraine war. The central bank, which effected six back-to-back hikes in the key short-term lending rate (repo) since May 2022 to check high inflation, decided to take a pause early this month.

What are the key triggers for the Indian markets?

What are the key triggers for the Indian markets?

Rediff.com4 Jul 2023

Equity and oil markets can breathe easy for now, as the developments in Russia are unlikely to trigger a runaway rally in crude oil prices, said analysts. India, which imports nearly 80 per cent of its crude oil requirement, has been dependent on cheap Russian oil over the past few months to keep inflation - a sore point for the equity markets - in check. For the Indian markets that are expected to remain volatile amid these developments, analysts believe, the progress of monsoon, fund flows - both foreign institutional investor (FII) and domestic - and the upcoming corporate earnings season back home remain key.

Columbia University to study India's economy

Columbia University to study India's economy

Rediff.com13 Nov 2009

'The Indian economy is at a crossroads,' says Professor Jagdish Bhagwati, a University Professor at Columbia University and senior adviser to the Institute.

What's different about Urjit Patel's first monetary policy

What's different about Urjit Patel's first monetary policy

Rediff.com30 Sep 2016

This time the all-powerful interest-rate setting panel, whose constitution was notified by the government on Thursday, will take call on interest rate. But that's not the only change. The Reserve Bank of India has also decided to change the timing of announcement of its policy review, due next Tuesday, to mid-afternoon.

'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.'

Economic breakthrough? 15 questions and a plea

Economic breakthrough? 15 questions and a plea

Rediff.com17 Jun 2016

Over 15 years, with seven per cent growth, the Indian economy will be three times bigger.

Economic Survey may bear Arvind Virmani's mark

Economic Survey may bear Arvind Virmani's mark

Rediff.com4 Jun 2014

Principal economic advisor, Ila Patnaik, is coordinating the work on Economic Survey 2013-14.

It's time India scores on economic diplomacy

It's time India scores on economic diplomacy

Rediff.com3 Feb 2015

Opportunity for India to take leadership in economic diplomacy.

'The story of inflation is not yet over'

'The story of inflation is not yet over'

Rediff.com6 Jun 2023

'The actions of Indian monetary authorities will depend on how quickly they want the inflation to come down to 4 per cent.'