News for 'Fiscal Responsibility'

How governments can overcome land acquisition woes

How governments can overcome land acquisition woes

Rediff.com20 Mar 2017

The problem can be met, according to Shubhashis Gangopadhyay, research director of India Development Foundation, by the government tapping into its own land holdings.

'Economic growth is the means to deliver social justice'

'Economic growth is the means to deliver social justice'

Rediff.com6 Sep 2016

We have brought about a slew of reforms that would help improve governance and also facilitate industrial growth, Rajasthan Chief Minister Vasundhara Raje tells Sahil Makkar.

I-T sends letters to 35,000 assessees for not filing returns

I-T sends letters to 35,000 assessees for not filing returns

Rediff.com25 Jul 2013

With this batch, the department has now issued letters in 210,000 high priority cases.

India in sweet spot as commodity prices are on uptick

India in sweet spot as commodity prices are on uptick

Rediff.com26 Jan 2021

The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.

Govt has drawn list of PSUs for strategic sale: Jaitley

Govt has drawn list of PSUs for strategic sale: Jaitley

Rediff.com25 Mar 2015

Govt has drawn list of PSUs for strategic sale: Jaitley

India's 2nd largest PSB is finally born

India's 2nd largest PSB is finally born

Rediff.com1 Apr 2019

BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.

Not decided yet on introducing a smaller car than Brio: Honda

Not decided yet on introducing a smaller car than Brio: Honda

Rediff.com4 Aug 2014

Honda aims to sell 3 lakh units by 2017 from 1.34 lakh units achieved in 2013-14.

Budget gets a thumbs-up from the industry

Budget gets a thumbs-up from the industry

Rediff.com10 Jul 2014

The captains of Indian industry described Narendra Modi government's maiden budget as one with "the right intent and in the right direction".

'Great risk to nations from undermining independence of central bank'

'Great risk to nations from undermining independence of central bank'

Rediff.com28 Oct 2018

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.

People's expectations are high, much more to be done, says Modi

People's expectations are high, much more to be done, says Modi

Rediff.com26 May 2015

There's lot more to be done for the masses, says Modi.

Fall in new orders hobbles manufacturing sector in August

Fall in new orders hobbles manufacturing sector in August

Rediff.com3 Sep 2018

On the price front, Indian manufacturing companies continued to face higher input costs during August.

Tax collection beats expectation, up 18%

Tax collection beats expectation, up 18%

Rediff.com6 Apr 2017

Government gets Rs 17.1 lakh crore in its kitty

India looking to store oil in US, other commercially viable locations

India looking to store oil in US, other commercially viable locations

Rediff.com29 Sep 2020

India and the US had on July 17 signed a preliminary agreement for cooperating on emergency crude oil reserves, including the possibility of India storing oil in the US emergency stockpile.

Companies line up IPOs worth Rs 15,000 crore

Companies line up IPOs worth Rs 15,000 crore

Rediff.com17 Apr 2016

Eye business expansion, fulfil working capital requirements and making loan repayments

Pinarayi Aims For The Stars

Pinarayi Aims For The Stars

Rediff.com3 May 2021

Pinarayi is exploring the potentials of 'socialism with Indian characteristics'. The next five years under Pinarayi's watch will be a transformative period for Kerala's development, observes M K Bhadrakumar.

Jaitley pitches for interest rate cut ahead of RBI policy

Jaitley pitches for interest rate cut ahead of RBI policy

Rediff.com4 Apr 2016

Reserve Bank will hold its first bi-monthly monetary policy review for 2016-17 on Tuesday.

Does Modi Mean Business?

Does Modi Mean Business?

Rediff.com25 Jun 2020

'Anyone can string together a few alliterative words, but are they a substitute for serious thought?' 'And do they make for a strategy or plan for coherent action?' asks T N Ninan.

Chabahar project won't be impacted by Iran sanctions: US

Chabahar project won't be impacted by Iran sanctions: US

Rediff.com24 Apr 2019

President Trump, in a move that could have implications on India's energy security, on Monday decided not to grant sanctions exemptions to any oil customers of Iran, further squeezing Tehran's top export commodity.

Why governments fail in delivering what they promise

Why governments fail in delivering what they promise

Rediff.com4 Sep 2015

Poor predictability, credibility and effectiveness of fiscal performance have been key reasons for successive governments failing to deliver on their promises.

Modi's influence on making a pro-poor Budget

Modi's influence on making a pro-poor Budget

Rediff.com8 Mar 2016

The impact the Economic Survey had on the Budget proposals and the influence the Prime Minister wielded on them deserve close attention.

Disinvestment target at Rs 72,500 cr; 3 Rail PSUs to be listed

Disinvestment target at Rs 72,500 cr; 3 Rail PSUs to be listed

Rediff.com1 Feb 2017

The government on Wednesday said it will raise Rs 72,500 crore through disinvestment of PSUs, including listing of three railway PSUs IRCTC, IRFC and IRCON, and proposed merger and consolidation to create globally competitive public sector units.

India seeing pronounced economic slowdown, says new IMF chief

India seeing pronounced economic slowdown, says new IMF chief

Rediff.com9 Oct 2019

"Now is the time for countries with room in their budgets to deploy -- or get ready to deploy -- fiscal firepower. In fact, low interest rates may give some policymakers additional money to spend," new IMF chief Kristalina Georgieva said.

'PM has no clear roadmap for $5 trillion economy'

'PM has no clear roadmap for $5 trillion economy'

Rediff.com11 Feb 2020

Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.

Govt flags deflation as new challenge for economy

Govt flags deflation as new challenge for economy

Rediff.com2 Sep 2015

The WPI has been in the negative zone since November.

State of economy: Glass half-empty or half-full?

State of economy: Glass half-empty or half-full?

Rediff.com14 Nov 2017

While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.

Govt asks states to set up relief camps for, give food to migrants

Govt asks states to set up relief camps for, give food to migrants

Rediff.com28 Mar 2020

With lakhs of these workers stranded on highways and inter-state bus terminus, the government stepped in and asked states and union territories to immediately set up relief camps for migrant workers and others who are returning to their home states or trying to do so during the nationwide lockdown period.

Y V Reddy: The man behind several economic reforms

Y V Reddy: The man behind several economic reforms

Rediff.com27 Feb 2015

Reddy has worked to reform the economy.

India's sovereign ratings may turn negative: Moody

India's sovereign ratings may turn negative: Moody

Rediff.com4 Aug 2008

The sovereign ratings outlook for India may turn negative, from stable currently, if the country's fiscal policy fails to check external shocks like crude prices or aggravates the inflation concerns, global rating agency Moody's warned on Monday.

Manufacturing sector growth falls to 4-mth low in Feb

Manufacturing sector growth falls to 4-mth low in Feb

Rediff.com28 Feb 2018

According to Japanese financial services major Nomura, India's manufacturing PMI remained in the expansion zone but suggested some consolidation after the rapid ramp up of activity in December.

'Hurried Lockdown has Created Havoc'

'Hurried Lockdown has Created Havoc'

Rediff.com12 Jun 2020

'Unless we get the health and economic situations right at the same time, we will not recover.'

Global vaccine supply hit due to Covid surge in India:

Global vaccine supply hit due to Covid surge in India:

Rediff.com28 May 2021

The 'terrible' surge of the coronavirus cases in India has severely impacted COVAX's vaccine supply in the second quarter of this year to the extent that there will be a shortfall of 190 million doses by the end of June, according to a joint statement by the WHO, UNICEF, GAVI and CEPI.

Apple clocks double-digit revenue growth in India

Apple clocks double-digit revenue growth in India

Rediff.com1 Aug 2019

Analysts tracking Apple said the India results were glimpses of what the company could achieve in emerging markets with a right pricing strategy for its products and local manufacturing.

Why Railways' transformation plan has gone off-track

Why Railways' transformation plan has gone off-track

Rediff.com1 Aug 2019

There was a plan to increase the Railways' revenue by augmenting carrying capacity. This target has, however, become the source of a bitter battle between two ministries - the railways and steel - and provoked serious arguments over the "Make in India" programme.

India to grow at 7.3% in 2018, 7.4% in 2018, says IMF

India to grow at 7.3% in 2018, 7.4% in 2018, says IMF

Rediff.com9 Oct 2018

If the projections come true, then India would regain the tag of the fastest growing major economy of the world, crossing China with more than 0.7 percentage point in 2018 and an impressive 1.2 percentage point growth lead in 2019.

Foreign brokerages expect upgrade in India's credit outlook

Foreign brokerages expect upgrade in India's credit outlook

Rediff.com11 Sep 2014

The budget has strong growth impulses and response of the economy is positive.

Race to White House: Nikki Haley endorses Marco Rubio

Race to White House: Nikki Haley endorses Marco Rubio

Rediff.com18 Feb 2016

Haley's endorsement is seen as a big boost for Rubio, but this does not guarantee him a win in South Carolina, despite the fact that the Indian-American is one of the most popular governor's in the state's history.

Barcelona pay HUGE fine to settle Neymar transfer case

Barcelona pay HUGE fine to settle Neymar transfer case

Rediff.com14 Jun 2016

Barcelona agreed to pay a fine of 5.5 million euros ($6.21 million) to the Spanish authorities to settle a tax fraud case over the transfer of Brazil international Neymar in 2013.

Japan says Olympics on track as Abe, Trump hold talks on coronavirus

Japan says Olympics on track as Abe, Trump hold talks on coronavirus

Rediff.com13 Mar 2020

Prime Minister Shinzo Abe and Donald Trump talked by phone for about 50 minutes Friday morning and agreed to 'strengthen cooperation' on fighting the novel coronavirus, but did not discuss postponing the Olympics or holding them without spectators, Japanese officials said.

Power Games in the Indian Ocean

Power Games in the Indian Ocean

Rediff.com17 Feb 2021

India cannot choose its geography and devise regional strategies to dovetail into the Western Indian Ocean hypothesis conceived in the Pentagon, argues Ambassador M K Bhadrakumar.

Can Chidambaram keep his Budget team together?

Can Chidambaram keep his Budget team together?

Rediff.com17 Dec 2012

In less than five months of resuming charge of the finance ministry, Palaniappan Chidambaram has put in place virtually a new team to take charge of the government's fiscal policy management in the remaining months of its tenure. Will the celebrated economists and IAS officers share the required equation remains to be seen.