News for 'Global Prime Finance Group'

'Emergency was the darkest phase of India,' says Jaitley

'Emergency was the darkest phase of India,' says Jaitley

Rediff.com24 Jun 2015

According to Finance Minister Arun Jaitley, who spent 19 months in prison during the 1975 Emergency imposed by the then prime minister Indira Gandhi, it is not possible for anybody to convert a democratic India into a "dictatorship" in this day and age.

Rafale jet deal with France delayed once more`

Rafale jet deal with France delayed once more`

Rediff.com25 Jan 2016

India and France on Monday inked an Inter-Governmental Agreement on the sale of 36 French fighter jets, Rafale, but were unable to sign the final deal due to some "financial" aspects, which are expected to be sorted out in "couple of days".

India to block US trade probes, ready for fight at WTO

India to block US trade probes, ready for fight at WTO

Rediff.com25 Feb 2014

A Priority Foreign Country is a status reserved for those nations that are the most egregious violators of intellectual property rights and have the most negative impact on US competitiveness abroad.

Modi, RBI must take key steps to rescue the economy

Modi, RBI must take key steps to rescue the economy

Rediff.com29 Sep 2015

It's crucial for Modi to make India an easier place to do business.

It's growth vs fiscal deficit once again

It's growth vs fiscal deficit once again

Rediff.com17 Sep 2017

The government has spent a little less than one-third of the Budget estimate of capital expenditure, it can still spend about Rs 20,000 crore this year without disturbing its fiscal deficit target.

Understanding Modi government's economic priorities

Understanding Modi government's economic priorities

Rediff.com20 Aug 2014

The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.

Trick or treat? India's strong GDP figures mask economic reality

Trick or treat? India's strong GDP figures mask economic reality

Rediff.com11 Feb 2015

India's latest GDP numbers do not signal robust economic growth in near term.

Can Modi, Abe completely rework the India-Japan ties?

Can Modi, Abe completely rework the India-Japan ties?

Rediff.com31 Aug 2014

Prime Minister Narendra Modi enjoys a close relationship with Shinzo Abe. For Abe, "a strong India is in the best interest of Japan, and a strong Japan is in the best interest of India."

Paralysis in ore mining renders 1,00,000 jobless: Vedanta chief

Paralysis in ore mining renders 1,00,000 jobless: Vedanta chief

Rediff.com11 Dec 2013

The government has already said it is keen on starting ore mining and exports.

What Modi Sarkar should ideally do to strengthen economic framework

What Modi Sarkar should ideally do to strengthen economic framework

Rediff.com29 Mar 2015

Clearly, LoCs are becoming a key arrow in India's economic diplomacy quiver.

The man who will advise Modi on economic affairs

The man who will advise Modi on economic affairs

Rediff.com17 Oct 2014

oreign Policy magazine named him as one of the world's top 100 global thinkers in 2011.

Of Welspun, Cyprus and the FEMA conundrum

Of Welspun, Cyprus and the FEMA conundrum

Rediff.com9 Mar 2015

The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.

India's billionaires' success mantras

India's billionaires' success mantras

Rediff.com24 Mar 2017

Three businessmen disclose their success mantras: One belongs to an old Marwari family, another is a second generation industrialist whose father scripted an amazing rags-to-riches story and the third was a professional till one day he succumbed to the charms of entrepreneurship.

Modi is prepared to stake his personal reputation when national interests so dictate

Modi is prepared to stake his personal reputation when national interests so dictate

Rediff.com15 Sep 2016

'The book has immense value because it reveals the inner workings of the think-tank which appears to provide facts and insights to Modi, though he himself takes the final decisions and articulates them in his characteristic rhetorical style,' says Ambassador T P Sreenivasan.

A billion Indians on Pichai's homecoming radar

A billion Indians on Pichai's homecoming radar

Rediff.com13 Dec 2015

Pichai will visit India accompanied by the heads of various Google business units

America won't stop India from more such strikes

America won't stop India from more such strikes

Rediff.com30 Sep 2016

'The interests of the United States and India are sharply aligned on the issue of Pakistan-based terrorism.'

Markets end lower amid volatile trading session

Markets end lower amid volatile trading session

Rediff.com6 Jun 2013

BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.

How BRICS bank can affect world economics and politics

How BRICS bank can affect world economics and politics

Rediff.com18 Jul 2014

Borrowing from BRICS bank will help India avoid other kinds of politics emanating from the West. Overall, the BRICS institutions will necessarily adopt alternative ways of doing things based on their own cultural and socio economic needs, says M K Venu.

Despite anger against Pakistan, US Senate delivers blow to India

Despite anger against Pakistan, US Senate delivers blow to India

Rediff.com11 Mar 2016

'The Senators were playing safe, not angering either the pro-India lobby or the pro-Pakistan lobby, but perhaps more importantly, the military-industrial complex -- the most powerful lobby of all -- which the majority of Senators are beholden to in terms of largesse to their campaign coffers.'

The case of missing women in the boardroom

The case of missing women in the boardroom

Rediff.com16 Mar 2015

In September, Sebi had given a six-month extension to companies.

When a typo saved Climate Change summit from the brink of collapse

When a typo saved Climate Change summit from the brink of collapse

Rediff.com14 Dec 2015

And the US won the evening

'China is investing in Modi's ego'

'China is investing in Modi's ego'

Rediff.com15 Sep 2014

'The Modi-Xi and Modi-Obama meetings, with an interval of just 12 days, are juxtaposed superbly at a crucial point in the prime minister's life. Can Modi carve out a win-win situation with the superpower and the emerging superpower at the same time?'

How crony capitalism is killing the Indian economy

How crony capitalism is killing the Indian economy

Rediff.com15 Aug 2014

Mr Modi, it came across, did not want to be seen as favouring any one business group.

Panama papers: Govt sets up multi-agency probe team on money stashed abroad

Panama papers: Govt sets up multi-agency probe team on money stashed abroad

Rediff.com4 Apr 2016

Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.

'Developed nations are backtracking on climate change commitments'

'Developed nations are backtracking on climate change commitments'

Rediff.com30 Nov 2015

Developed and developing countries are very different and they are different from variety of reasons on climate change.

RATE Rahul Gandhi's speech in Parliament

RATE Rahul Gandhi's speech in Parliament

Rediff.com3 Mar 2016

Congress Vice President Rahul Gandhi on Wednesday launched a stinging attack in the Lok Sabha on Prime Minister Narendra Modi accusing him of releasing Pakistan from a small "cage" in which it was put after the 26/11 attacks by his sudden visit to Lahore and bringing a "fair and lovely" scheme to launder 'black' money.

India, Indonesia ties elevated to Comprehensive Strategic Partnership

India, Indonesia ties elevated to Comprehensive Strategic Partnership

Rediff.com30 May 2018

The 2 countries signed 15 agreements including one on defence cooperation after Prime Minister Narendra Modi held 'productive discussions' with President Joko Widodo.

Modi played his cards well in Washington

Modi played his cards well in Washington

Rediff.com30 Jun 2017

'This is the first time that the Americans have agreed to refer to "cross-border terrorist attacks" in a joint statement.' 'No wonder Pakistan has called the joint statement "singularly unhelpful" and has blasted it, and its all-weather friend China has applauded Pakistan's frontline role in combating terrorism,' points out former foreign secretary Ambassador Kanwal Sibal.

In big boost, India jumps 30 places to 100 on ease of doing business

In big boost, India jumps 30 places to 100 on ease of doing business

Rediff.com1 Nov 2017

Prime Minister Narendra Modi hailed as "historic" the jump.

Britain has a cure for India's ailing banks, Mr Rajan are you listening?

Britain has a cure for India's ailing banks, Mr Rajan are you listening?

Rediff.com18 Aug 2015

The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.

Modi, Indira Gandhi and bad economics

Modi, Indira Gandhi and bad economics

Rediff.com30 Dec 2016

'All of Indira Gandhi's bad economic ideas are being strengthened, from nationalised banks to anti-poverty, handout yojanas,' says Shekhar Gupta.

India Inc's big vote of confidence for Modi

India Inc's big vote of confidence for Modi

Rediff.com29 Aug 2014

Sentiment has improved but no progress on GST & ending 'tax terrorism' disappoints.

What Modi told Xi in Ahmedabad

What Modi told Xi in Ahmedabad

Rediff.com7 Jul 2017

'Xi Jinping got a dose of Modi's medicine inside the tent where he was being hosted on the banks of the Sabarmati river.' 'Modi reportedly told him, looking deep into his eyes: "This was not expected of your country. Can you tell me when the troops are withdrawing?".'

Uncle Sam and the Elephant

Uncle Sam and the Elephant

Rediff.com11 Dec 2015

If Paris really meant to serve as a landmark in recognising equity in climate negotiations, it should have heralded the second phase of the Kyoto protocol. Instead we have all countries, India and China included, all signing up with voluntary commitments in what can only be seen as a race to the bottom, reports Darryl D'Monte.

Honestly, does India need a stimulus package?

Honestly, does India need a stimulus package?

Rediff.com6 Oct 2017

You have to really bungle to produce 5.7 per cent growth under the conditions this government is currently facing, says Mihir S Sharma.

Raghuram Rajan's mantras for growth

Raghuram Rajan's mantras for growth

Rediff.com23 Sep 2015

In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.

India is proficient in making laws but lax in enforcing them

India is proficient in making laws but lax in enforcing them

Rediff.com21 May 2015

Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.

US aid to Pakistan is no panacea, but neither are sanctions

US aid to Pakistan is no panacea, but neither are sanctions

Rediff.com9 Sep 2016

After weighing all the costs and benefits, the next administration is likely to reduce and restructure assistance to Pakistan but not to end it altogether, says Daniel S Markey.

India's homoeopathic state of mind

India's homoeopathic state of mind

Rediff.com11 Oct 2017

A homoeopathic state of mind pervades our thinking in governance and infrastructure-building. Do it in small, harmless doses, but nothing bitter, sharp, or bloody, says Shekhar Gupta.

CPEC: How Pakistan is losing out to China

CPEC: How Pakistan is losing out to China

Rediff.com10 Apr 2017

'The accusation that Pakistan risks losing sovereignty to China is emotive and has the potential to spread.' 'China will, however, remain intent on achieving its strategic ambitions of acquiring Gwadar port and securing a large chunk of Pakistan occupied Kashmir,' says former RA&W officer Jayadeva Ranade.