News for 'Economics and Research Department'

The Star Gazer Stars At TIME Gala

The Star Gazer Stars At TIME Gala

Rediff.com26 Apr 2024

At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.

RBI rate hike a 'win-win' situation for markets, banks, says SBI report

RBI rate hike a 'win-win' situation for markets, banks, says SBI report

Rediff.com3 Aug 2018

The SBI report ruled out a October rate hike

'India, China are locked in a boxing match'

'India, China are locked in a boxing match'

Rediff.com9 Jun 2023

'The 2017 Doklam stand-off in Bhutan, the 2018 Maldives crisis, and the 2020 Nepal Kalapani border dispute shows how Beijing has shot off these countries' shoulders to target India.'

Govt plans to make India self-reliant in edible oils

Govt plans to make India self-reliant in edible oils

Rediff.com1 Feb 2024

The government will formulate a strategy to make India self-reliant in edible oils by boosting domestic output of oilseeds and launch a comprehensive programme to support dairy farmers, Finance Minister Nirmala Sitharaman announced on Thursday. India imports a large quantity of edible oils to meet the domestic demand. During the 2022-23 marketing year (November-October), the country imported nearly 165 lakh tonnes of cooking oils, valuing a whopping Rs 1.38 lakh crore.

Bhujbal wants Maratha quota panel scrapped, issuing Kunbi certificates stayed

Bhujbal wants Maratha quota panel scrapped, issuing Kunbi certificates stayed

Rediff.com27 Nov 2023

Maharashtra cabinet minister Chhagan Bhujbal has demanded a stay on the Kunbi caste certificates issued to Marathas following their latest agitation for reservation and scrapping of the Justice (retired) Sandeep Shinde committee formed over the quota issue.

Indian-American gets $1.4 million grant for stem cell research

Indian-American gets $1.4 million grant for stem cell research

Rediff.com2 Sep 2014

Dr Prashanth Rangan was among the 22 outstanding early-career researchers who were named Pew Scholars in the Biomedical Sciences. Rediff.com's George Joseph reports

'Free thought within Indian universities is in crisis today'

'Free thought within Indian universities is in crisis today'

Rediff.com17 Aug 2023

A group of faculty members of Ashoka University has written to its vice chancellor claiming that free thought within universities in India is in crisis today and demanded that all decisions on matters related to academic freedom should be put on hold till the promised committee for academic freedom is in place.

'Ambedkar's contribution is bigger than Gandhi's'

'Ambedkar's contribution is bigger than Gandhi's'

Rediff.com10 Nov 2023

'For no other leader of India do so many people turn up for an event every year without invitation.'

'Gita is one of the world's outstanding economists'

'Gita is one of the world's outstanding economists'

Rediff.com19 Oct 2018

Although the first woman to hold the position of chief economist at IMF, it would be wrong to see her appointment through the lens of gender

Economist Kalpana Kochhar to retire from IMF in July

Economist Kalpana Kochhar to retire from IMF in July

Rediff.com2 Jun 2021

Indian economist Kalpana Kochhar, who heads the Human Resources Department of the International Monetary Fund, is leaving the organisation to join the Bill and Melinda Gates Foundation, the IMF announced on Wednesday. Kochhar, who served in various senior positions during her three decades at the IMF, will retire on July 30, it said.

Think-tanks to submit report on blackmoney by Dec: FinMin

Think-tanks to submit report on blackmoney by Dec: FinMin

Rediff.com6 Sep 2012

The three leading think-tanks-- NCAER, NIFM and NIPFP-- conducting a joint study on the quantum of blackmoney, are likely to submit the report to government by December 2012, Parliament was informed on Thursday.

Researchers from US, Germany win 2013 Nobel Medicine Prize

Researchers from US, Germany win 2013 Nobel Medicine Prize

Rediff.com7 Oct 2013

James Rothman, Randy Schekman and Thomas Suedhof won the 2013 Nobel Medicine Prize 2013 on Monday for solving the mystery of how the cell organises its transport system. The winners will share equally the prize sum of eight million Swedish kronor (USD 1.25 million), reduced because of the economic crisis last year from the 10 million kronor awarded since 2001.

7 PSUs in red may turn around

7 PSUs in red may turn around

Rediff.com22 Apr 2006

Joshimath Tourism Industry Stares At Sinking Fortunes

Joshimath Tourism Industry Stares At Sinking Fortunes

Rediff.com11 Jan 2023

The tourism industry plays a vital role in the town, accounting for 70 per cent of its economy, according to experts.

10 things to know about Gita Gopinath, IMF's new chief economist

10 things to know about Gita Gopinath, IMF's new chief economist

Rediff.com6 Oct 2018

Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".

India can grow at 7%: IMF

India can grow at 7%: IMF

Rediff.com30 Jul 2004

Kerala defiant, likely to teach NCERT's dropped lessons in state schools

Kerala defiant, likely to teach NCERT's dropped lessons in state schools

Rediff.com26 Apr 2023

The SERT, an autonomous body of the general education department, is considering a decision by its curriculum steering committee to include these deleted portions in the state syllabus.

RBI likely to keep rates unchanged in August

RBI likely to keep rates unchanged in August

Rediff.com24 Jul 2018

This is contrary to the expectations of a majority of analysts predicting for another hike given the rise in inflation lately, including domestic ratings agency Icra

Chinese spy ship leaves Sri Lankan port after 6 days

Chinese spy ship leaves Sri Lankan port after 6 days

Rediff.com22 Aug 2022

A high-tech Chinese research ship docked at the strategically important Hambantota port departed from Sri Lankan waters on Monday after a controversial six-day visit.

'Public AI infrastructure we create would help startups'

'Public AI infrastructure we create would help startups'

Rediff.com9 Jan 2024

'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'

SBI downplays 'debt mountain' of India Inc

SBI downplays 'debt mountain' of India Inc

Rediff.com9 May 2016

Say their aggregate borrowings were "well within the norms"

Bibek Debroy joins as full time member of NITI Aayog

Bibek Debroy joins as full time member of NITI Aayog

Rediff.com21 Jan 2015

Debroy worked as a consultant in the Department of Economic Affairs in Finance Ministry.

Cyclone Biparjoy won't impact advance of monsoon: IMD

Cyclone Biparjoy won't impact advance of monsoon: IMD

Rediff.com13 Jun 2023

Scientists had earlier said the cyclone pulled the moisture and convection, impacting the intensity of the monsoon and delaying its onset over Kerala.

Bangladesh keen to revise Adani Power deal; cites high coal price

Bangladesh keen to revise Adani Power deal; cites high coal price

Rediff.com2 Feb 2023

Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, officials said in Dhaka on Thursday. "We have communicated with the Indian company seeking revision of the agreement," an official of the state-run Bangladesh Power Development Board (BPDC) told PTI on the condition of anonymity and without elaborating on the matter. Media reports suggested that the "high coal price" to be purchased for the Adani plant at India's Jharkhand emerged as the key factor for the dispute.

Has India's 'Bad Bank' Worked Or Not?

Has India's 'Bad Bank' Worked Or Not?

Rediff.com26 Sep 2023

The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank, by 2021-2022. Only 10 per cent of this has been executed.

Dalai Lama successor must be from within China, needs govt nod: Beijing

Dalai Lama successor must be from within China, needs govt nod: Beijing

Rediff.com10 Nov 2023

Though Beijing asserts the Dalai Lama's successor needs its approval, observers say it remains concerned as the present Panchen Lama, the number two spiritual leader who was appointed by it after unseating the boy nominated by the Dalai Lama, has not gained much traction in Tibet.

IMF's Raghuram Rajan to step down

IMF's Raghuram Rajan to step down

Rediff.com23 Aug 2006

Though the IMF wanted him to continue, his university said it won't extend Rajan's leave.

How Congress plans to defeat Modi in 2019

How Congress plans to defeat Modi in 2019

Rediff.com13 Nov 2017

The Congress's revival plan says it needs to bring back into its fold Hindus repelled by the Sangh Parivar, take its message to youth and women and sections upset at curbs on their personal freedoms.

ED conducts raids against Vivo in money laundering probe

ED conducts raids against Vivo in money laundering probe

Rediff.com5 Jul 2022

The Enforcement Directorate (ED) on Tuesday conducted searches at 44 places across the country in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said. The searches are being carried out under sections of the Prevention of Money Laundering Act (PMLA) at locations in several states including in Delhi, Uttar Pradesh, Meghalaya, Maharashtra and others. The agency is conducting searches at 44 places related to Vivo and associated companies, they said.

More boys diagnosed with cancer than girls in India: Lancet study

More boys diagnosed with cancer than girls in India: Lancet study

Rediff.com30 Nov 2022

More boys than girls with cancer in India are being diagnosed with the disease and the probable cause for this is gender bias in society, according to a study published in The Lancet Oncology.

Wholesale inflation surged to 8-month high in Dec

Wholesale inflation surged to 8-month high in Dec

Rediff.com14 Jan 2020

Among food articles, vegetable prices surged by 69.69 per cent mainly on account of onion, which witnessed 455.83 per cent jump in prices, followed by potato at 44.97 per cent.

Adani row: SC panel says SEBI couldn't find anything, but...

Adani row: SC panel says SEBI couldn't find anything, but...

Rediff.com19 May 2023

An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Securities and Exchange Board of India (SEBI) has 'drawn a blank' in its probe into alleged violations in money flows from offshore entities into the conglomerate.

Sebi probe into Adani drew blank: SC-appointed panel

Sebi probe into Adani drew blank: SC-appointed panel

Rediff.com19 May 2023

An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court.

Analysts welcome Rail Budget, but frown at missing details

Analysts welcome Rail Budget, but frown at missing details

Rediff.com9 Jul 2014

It is a Budget 'high on promises but low on design,' the agency said.

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

Rediff.com31 Dec 2022

Sharma was the president of the conference, the first since the Paris Agreement of COP21 that expected parties to make enhanced commitments towards mitigating climate change.

GDP above forecast, but risks in H2 on spending cut: Analysts

GDP above forecast, but risks in H2 on spending cut: Analysts

Rediff.com30 Nov 2013

Analysts welcomed the better Q2 GDP readings of 4.8 per cent, which came in above their expectations, but warned that the planned expenditure cuts by the government will be the key thing to watch out going forward.

China's 2nd railway line to Tibet comes close to Arunachal Pradesh

China's 2nd railway line to Tibet comes close to Arunachal Pradesh

Rediff.com26 Jun 2021

China on Friday operationalised its first fully electrified bullet train in the remote Himalayan region of Tibet, connecting the provincial capital Lhasa and Nyingchi, a strategically located Tibetan border town close to Arunachal Pradesh.

Tauktae to Fani: A look at India's deadliest cyclones

Tauktae to Fani: A look at India's deadliest cyclones

Rediff.com15 Jun 2023

Several major cyclones have hit various parts of India over the last 10 years. Here is a look at the notable among them.

FinMin flags El Nino risk for inflation, farm output

FinMin flags El Nino risk for inflation, farm output

Rediff.com24 Feb 2023

The finance ministry on Thursday raised concerns over the possible impact of El Nio conditions on India this year, saying if recent forecasts came true, the country could see lower agricultural output and higher inflation. "Some meteorological agencies predict the return of El Nio conditions in India this year. "If these predictions are accurate, then monsoon rains could be deficient, leading to lower agricultural output and higher prices," the ministry said in its monthly economic review.