News for 'Economics and Research Department'

No change in US' policy on J-K: Biden administration

No change in US' policy on J-K: Biden administration

Rediff.com12 Feb 2021

According to a 2019 Congressional Research Service report of August 2019, a longstanding goal of US policy in South Asia has been to prevent the India-Pakistan conflict from escalating to interstate war.

In US, Jaishankar replies to questions on Russian oil import

In US, Jaishankar replies to questions on Russian oil import

Rediff.com12 Apr 2022

India's total purchase of oil from Russia in a month is probably less than what Europe does in an afternoon, External Affairs Minister S Jaishankar said.

Prez to lead nation in celebrating R-Day; 6 Agniveers to take part in parade

Prez to lead nation in celebrating R-Day; 6 Agniveers to take part in parade

Rediff.com26 Jan 2023

President Droupadi Murmu will lead the nation in celebrating the Republic Day, and Egypt's President Abdel Fattah al-Sisi will be the chief guest at the ceremonial event.

Goldman Sachs says Modi good for markets; govt rebuffs report

Goldman Sachs says Modi good for markets; govt rebuffs report

Rediff.com9 Nov 2013

Despite criticism, the investment bank said that it stands by its research.

Modi Trapped In World Of Complex Relationships

Modi Trapped In World Of Complex Relationships

Rediff.com22 Mar 2023

The Modi government finds itself in a contradiction of its own making. It has encouraged pro-Russian, Westophobic public sentiment while setting strategic policy that's exactly the opposite, points out Shekhar Gupta.

OneWeb inks pact with ISRO commercial arm for launching satellites

OneWeb inks pact with ISRO commercial arm for launching satellites

Rediff.com21 Apr 2022

Bharti group-backed OneWeb and New Space India Limited, the commercial arm of the Indian Space Research Organisation, have entered into an agreement that will help ensure OneWeb completes its satellite launch programme. The first launch with New Space India is expected in 2022 from the Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota. The launches will add to Low Earth Orbit (LEO) satellite communications firm OneWeb's total in-orbit constellation of 428 satellites -- 66 per cent of the planned total fleet -- to build a global network that will deliver high-speed, low-latency connectivity.

Monsoon Session: 14 bills ready to be tabled, govt promises discussion

Monsoon Session: 14 bills ready to be tabled, govt promises discussion

Rediff.com17 Jul 2022

After an all-party meeting in New Delhi, Parliamentary Affairs Minister Pralhad Joshi also said that some of these 32 bills have already been discussed by standing committees of Parliament.

Tamil Nadu rakes in Rs 19,083 cr investment in 10 months

Tamil Nadu rakes in Rs 19,083 cr investment in 10 months

Rediff.com16 Dec 2019

At a time when investors are taking a "wait and watch" approach on fresh investment, Tamil Nadu in the past 10 months has signed 63 MoUs, enabling investment worth Rs 19,083 crore. After Palaniswami took over as chief minister in February 2017, cumulative FDI rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion by June this year. Thanks to the Tamil Nadu Business Facilitation Act, 2018, and the single window for applying and getting clearance for doing business, the ease of business issue has been addressed.

No definite date to bring back black money: Govt

No definite date to bring back black money: Govt

Rediff.com3 Mar 2015

India has joined global efforts to combat global tax evasion.

Cabinet okays private participation in space sector

Cabinet okays private participation in space sector

Rediff.com24 Jun 2020

The Union Cabinet on Wednesday approved the participation of the private sector in the entire range of space activities, including planetary exploration missions, Union minister Jitendra Singh said. The newly-created Indian National Space Promotion and Authorisation Centre (IN-SPACe) will provide a level playing field for private companies to use Indian space infrastructure, Singh, who is the minister of state in the Prime Minister's Office, said.

India's growth rate to surpass China's in 2016: IMF

India's growth rate to surpass China's in 2016: IMF

Rediff.com20 Jan 2015

India is projected to grow at 6.3 per cent in 2015 and 6.5 per cent in 2016, when it is likely to cross China's projected growth rate of 6.3 per cent, the IMF said.

Nobel Laureate Raghuram Rajan? We will know on Monday

Nobel Laureate Raghuram Rajan? We will know on Monday

Rediff.com8 Oct 2017

Though Nobel Prize nominations have been a secret for 50 years, speculation abounds over the contenders for this year's prize in economics.

What you will see at the Republic Day 2023 parade

What you will see at the Republic Day 2023 parade

Rediff.com25 Jan 2023

The Republic Day parade, which will begin at around 1030 am, will be a unique mix of the country's military prowess and cultural diversity, depicting the country's growing indigenous capabilities, Nari Shakti and emergence of a 'New India'.

Aatmanirbharta, Nari Shakti dominate 74th Republic Day parade

Aatmanirbharta, Nari Shakti dominate 74th Republic Day parade

Rediff.com26 Jan 2023

All equipment from the Army which were part of the Republic Day celebrations are made-in-India, Chief of Staff Delhi Area Maj Gen Bhavnish Kumar had earlier said.

RCEP can be particularly beneficial for India, says report

RCEP can be particularly beneficial for India, says report

Rediff.com31 Oct 2019

The report by the High Level Advisory Group said India stands to benefit even more when the US and China are locked in a global trade war.

Is India's economy crashing?

Is India's economy crashing?

Rediff.com3 Jan 2020

'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.

Why Aryan Khan's Case Must Worry Us All

Why Aryan Khan's Case Must Worry Us All

Rediff.com9 Jun 2022

Why did the department and his colleagues not stop this 'rogue' officer from implicating an innocent man while the entire nation was watching for weeks? The answer is they either approved, or disapproved and refused to intervene or they didn't care, notes Aakar Patel.

Rajan gets his way on RBI's restructuring plan

Rajan gets his way on RBI's restructuring plan

Rediff.com22 Oct 2014

RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.

India's spending on space tripled in 10 years

India's spending on space tripled in 10 years

Rediff.com28 Mar 2019

India's spending on space research almost tripled from Rs 4,163 crore in 2009-2010 to Rs 11,538 crore in 2018-2019.

Modi wave: Services sector growth surges in June

Modi wave: Services sector growth surges in June

Rediff.com3 Jul 2014

The headline HSBC Services Business Activity Index was at a 17-month peak of 54.4 in June rising from a modest 50.2 in May, HSBC said adding that 'the Modi wave has struck the service sector'.

How Adani Saga Affects Indian Banks

How Adani Saga Affects Indian Banks

Rediff.com27 Feb 2023

While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much exposure to the entity, explains Tamal Bandyopadhyay.

Bureaucratic rejig at Centre: New secys appointed

Bureaucratic rejig at Centre: New secys appointed

Rediff.com13 Dec 2019

The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.

Budget 2022: India Inc pitches for more reforms and tax stability

Budget 2022: India Inc pitches for more reforms and tax stability

Rediff.com16 Dec 2021

India Inc on Thursday pitched for continuation of reforms while ensuring tax and policy stability in the forthcoming Budget to prop up the economy hit hard by the COVID-19 pandemic. In the virtual pre-Budget consultation held with Finance Minister Nirmala Sitharaman, industry chambers said that government measures will help firmly entrench the nascent signs of recovery being currently seen in private investment. Capital expenditure by the government through enhanced infrastructure spending should in the meantime continue to support growth, CII president TV Narendran said.

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Rediff.com12 Sep 2021

"Had corona (COVID-19) not been there, the prime minister would have dedicated NATGRID to the country. I am hopeful that the prime minister will dedicate NATGRID to the country in some time," Union home minister Amit Shah said during the 51st Foundation Day event of the Bureau of Police Research and Development (BPRD) here on September 4.

Heat wave hurting farmers' income as yields drop across several crops

Heat wave hurting farmers' income as yields drop across several crops

Rediff.com11 May 2022

Santosh Patkar of Devgadh Taluka Sindhudurg district of Maharashtra is a worried man these days. Devgadh, which is known as the home to world famous Alphonso variety of mangoes, has seen an unusual drop in yields which is affecting farmers' income. Being one of the primary agricultural produce from the area, Santosh is not untouched by this somewhat rare phenomenon. He said in his own mango garden, yields have come down by a third from most trees.

Factbox: Potential successors to RBI chief Rajan

Factbox: Potential successors to RBI chief Rajan

Rediff.com28 Jun 2016

Here is some background on the candidates seen as potential successors to Rajan at the RBI

There Is More To India Than Delhi Or Gujarat!

There Is More To India Than Delhi Or Gujarat!

Rediff.com2 Jun 2022

The Modi government has to embrace the history of Tamil conquests in South East Asia and stop obsessing about Babar/Humayun, argues Colonel Anil A Athale (retd).

IMF trims India's GDP to 7.4% for 2016-17

IMF trims India's GDP to 7.4% for 2016-17

Rediff.com19 Jul 2016

The global lending agency also said that Brexit has resulted in global economic uncertainty.

COVID-19 cases in India to peak between June 21-28: Study

COVID-19 cases in India to peak between June 21-28: Study

Rediff.com22 May 2020

The study has predicted that confirmed COVID-19 cases reported daily will show a rising graph till the end of June. "A clear downward trend in the confirmed cases is likely to be observed each day from the second week of July," Nandadulal Bairagi, a senior professor of Jadavpur University who was involved in the project told PTI.

'Degree not sole proof of education'

'Degree not sole proof of education'

Rediff.com30 Dec 2020

'A mother, a farmer and cattle owner, all have valuable knowledge, but academia has failed to acknowledge their wisdom.'

Cost of Trump order on H-1B, L1 visas to US? $100 bn

Cost of Trump order on H-1B, L1 visas to US? $100 bn

Rediff.com23 Oct 2020

President Donald Trump's executive order restricting entry of skilled foreign workers into the US, mainly on H-1B and L1 visas, has resulted in an estimated loss of $100 billion to companies in the US, a top American think-tank claimed. The executive order signed by Trump on June 22, that had temporarily banned issuing fresh H-1B and L-1 visas till December 31, caused a negative impact to the valuation of Fortune 500 firms equivalent to over $100 billion in losses, Brookings Institute said in a report released this week.

RBI: Downward revision to FY16 GDP estimates likely

RBI: Downward revision to FY16 GDP estimates likely

Rediff.com8 Apr 2015

RBI projects GDP growth in FY16 at 7.8 per cent, 30 bps higher than FY15. However, this comes with a downward bias.

Districts in MP, Bihar, Telangana most vulnerable to Covid: Study

Districts in MP, Bihar, Telangana most vulnerable to Covid: Study

Rediff.com17 Jul 2020

The study noted that nine of 30 large states -- Madhya Pradesh, Bihar and Telangana, Jharkhand, Uttar Pradesh, Maharashtra, West Bengal, Odisha, and Gujarat -- have high vulnerability to be impacted by the COVID-19 pandemic.

India's FY22 GDP growth forecast revised down to 10.1%

India's FY22 GDP growth forecast revised down to 10.1%

Rediff.com23 Apr 2021

India Ratings and Research on Friday revised down India's FY22 real GDP growth forecast to 10.1 per cent, from earlier projection of 10.4 per cent, citing the second wave of COVID-19 infections and slower pace of vaccination. At a time when large parts of the country are experiencing tremendous pressure on medical infrastructure, the agency said it expects the second wave to start subsiding by mid-May. Earlier this month, the Reserve Bank maintained its 10.5 per cent GDP growth estimate, but Governor Shaktikanta Das has flagged the rising cases as the biggest impediment to recovery.

China's aggressive behaviour can spark crisis: US

China's aggressive behaviour can spark crisis: US

Rediff.com11 Jun 2021

US Defence Secretary Llyod Austin described China as a pacing challenge for the United States.

OBC quota in medical education is Modi's masterstroke

OBC quota in medical education is Modi's masterstroke

Rediff.com14 Aug 2021

This step by the Modi government is in the right direction and will go a long way in safeguarding the interests of socially and economically backward communities, asserts Professor T V Kattimani, Vice-Chancellor, Central Tribal University, Andhra Pradesh, Vizianagaram.

Normal monsoon to boost stocks of agri-related companies

Normal monsoon to boost stocks of agri-related companies

Rediff.com27 Apr 2021

Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22.

Modi reconstitutes Niti Aayog; Shah ex-officio member

Modi reconstitutes Niti Aayog; Shah ex-officio member

Rediff.com6 Jun 2019

Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.

Drop in health expenditure amid pandemic surprises experts

Drop in health expenditure amid pandemic surprises experts

Rediff.com18 Jul 2020

The ministry of health and family welfare spent Rs 3,948 crore in May this year compared to Rs 7,816 crore in the corresponding month of the previous year. On the other hand, at Rs 12,930 crore, the expenditure had risen almost 200 per cent in April against Rs 4,327 crore in the corresponding month of 2019-20.

Who should the next RBI Governor be? Vote now!

Who should the next RBI Governor be? Vote now!

Rediff.com17 Aug 2016

Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?