News for 'Indian Economic Association'

'General Zia was real startled'

'General Zia was real startled'

Rediff.com21 Mar 2024

'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'

Indian economy has recovered 'handsomely': Panagariya

Indian economy has recovered 'handsomely': Panagariya

Rediff.com25 Jan 2022

The Indian economy has recovered 'handsomely' from the pandemic-induced disruptions, former Niti Aayog vice chairman Arvind Panagariya said on Tuesday, while expressing hope that the recovery will be sustained and the growth rate of 7 to 8 per cent will be restored. Panagariya suggested that the government must now signal its intention to wind down fiscal deficit by cutting it by half-to-one percentage point in 2022-23. "The Indian economy has recovered handsomely, returning to its pre-COVID GDP... "Only private consumption is still below its pre-COVID-19 level," the eminent economist told PTI in an interview.

Neeraj to spearhead 22-member Indian team at World Athletics

Neeraj to spearhead 22-member Indian team at World Athletics

Rediff.com1 Jul 2022

Jeswin Aldrin, who had already qualified for the championships, however missed the cut.

No One Hears A Woman's Silent Screams

No One Hears A Woman's Silent Screams

Rediff.com15 Dec 2023

The most common abuse happens in marriages in the confines of one's own home. Be it raising a hand on one's spouse without the slightest provocation, or abusing them without their consent, notes Aarti David.

Art 370 verdict upheld sovereignty and integrity of India: Modi

Art 370 verdict upheld sovereignty and integrity of India: Modi

Rediff.com12 Dec 2023

With its verdict, the Supreme Court has strengthened the spirit of 'Ek Bharat, Shreshtha Bharat' and has reminded us that what define us are bonds of unity and a shared commitment to good governance.

India-US joint statement puts trade at heart of enhanced ties

India-US joint statement puts trade at heart of enhanced ties

Rediff.com23 Jun 2023

India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.

The Complete Hotelier And Host Extraordinaire

The Complete Hotelier And Host Extraordinaire

Rediff.com17 Nov 2023

Shreekant Sambrani remembers P R S 'Biki' Oberoi, personal friend and hospitality icon, who passed into the ages this week.

India's services sector activities ease in March on COVID woes

India's services sector activities ease in March on COVID woes

Rediff.com7 Apr 2021

India's services sector activities eased in March as growth was hit by the detrimental impact of the coronavirus pandemic and input costs remained elevated, a monthly survey said on Wednesday. The seasonally-adjusted India Services Business Activity Index fell from 55.3 in February to 54.6 in March. Though the rates of expansion softened, it indicated growth for the sixth consecutive month. In PMI parlance, a print above 50 means expansion while a score below 50 denotes contraction.

NRIs: Pop Nationalism To Identity Supremacy

NRIs: Pop Nationalism To Identity Supremacy

Rediff.com21 Oct 2023

Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.

'Trust can only be earned over long periods of time'

'Trust can only be earned over long periods of time'

Rediff.com26 Jun 2023

'This is still a relatively immature defense and high-tech relationship.'

20 Indian-Americans in Biden administration, 17 at key WH positions

20 Indian-Americans in Biden administration, 17 at key WH positions

Rediff.com17 Jan 2021

It is also for the first time ever that so many Indian-Americans have been roped into a presidential administration ever before the inauguration. Biden, a Democrat, is still quite far away from filling all the positions in his administration.

What Are RBI's Challenges In 2024?

What Are RBI's Challenges In 2024?

Rediff.com9 Feb 2024

The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.

Working on target to become $5-10 trillion economy: Modi

Working on target to become $5-10 trillion economy: Modi

Rediff.com17 Dec 2023

The government has also set targets for the next 25 years. We are working on the target of becoming a $5-10 trillion economy as well as taking exports to a record high, he said.

The brightest Indian-American stars in the US

The brightest Indian-American stars in the US

Rediff.com18 Sep 2018

Indian Americans are not just shining in the fields of technology, education and management. You can now spot them every where... in politics, in research, in the movies and even on YouTube, says Ignatius Chithelen.Indian Americans are not just shining in the fields of technology, education and management. You can now spot them every where... in politics, in research, in the movies and even on YouTube, says Ignatius Chithelen.

US Senate Panel Set To Needle China

US Senate Panel Set To Needle China

Rediff.com21 Jun 2023

A powerful senatorial committee on Wednesday is set to consider a bipartisan resolution to recognise Arunachal Pradesh as an integral part of India, pushing back against China's military aggression to change the status quo along the Line of Actual Control.

Indian-American physician named co-chair of Biden's Covid task-force

Indian-American physician named co-chair of Biden's Covid task-force

Rediff.com9 Nov 2020

Dr Murthy, 43, a former United States Surgeon General, along with two other co-chairs -- Dr David Kessler and Dr Marcella Nunez-Smith -- would lead a team of leading public health experts who will advise Biden and Vice President-elect Kamala Harris on the deadly virus.

Services sector registers growth in Oct, 1st time since Feb

Services sector registers growth in Oct, 1st time since Feb

Rediff.com4 Nov 2020

Services companies reported an increase in new work intakes, which they attributed to successful marketing efforts and strengthening demand.

Gold May Touch Rs 62,000 In 2023

Gold May Touch Rs 62,000 In 2023

Rediff.com10 Jan 2023

In 2022, gold emerged as the top performer among all conventional asset classes with over 14 per cent returns mainly owing to the depreciation of the rupee.

Tracing the journey of auto industry pioneer Keshub Mahindra

Tracing the journey of auto industry pioneer Keshub Mahindra

Rediff.com12 Apr 2023

Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.

Services sector expands at fastest pace in 10.5 years in Oct

Services sector expands at fastest pace in 10.5 years in Oct

Rediff.com3 Nov 2021

India's services sector activity expanded at the strongest pace in ten-and-a-half years in October, driven by a substantial upturn in business activity amid favourable demand conditions, a monthly survey said on Wednesday. Companies indicated that a notable pick-up in new business led to the fastest expansion in output in over a decade and as a result more jobs were created, even though business confidence remained subdued due to growing inflationary concerns. The seasonally adjusted India Services Business Activity Index rose from 55.2 in September to 58.4 in October, signalling the strongest rate of growth in ten-and-a-half years.

India's services sector expands at fastest rate in a year

India's services sector expands at fastest rate in a year

Rediff.com3 Mar 2021

India's services activity expanded at the fastest rate in a year during February, while employment fell further and companies noted the sharpest rise in overall expenses, a monthly survey said on Wednesday. The seasonally adjusted India Services Business Activity Index rose from 52.8 in January to 55.3 in February, pointing to the sharpest rate of expansion in output in a year amid improved demand and more favourable market conditions. The index was above the critical 50 mark that separates growth from contraction for the fifth month in a row during February as the roll-out of COVID-19 vaccines led to an improvement in business confidence towards growth prospects.

Services sector activities eased to 3-month low in April

Services sector activities eased to 3-month low in April

Rediff.com5 May 2021

India's services sector activities eased to a three-month low in April, as the rise in business activity was constrained by the pandemic and sentiment towards growth prospects faded, a monthly survey said on Wednesday. The seasonally adjusted India Services Business Activity Index fell to 54 in April from 54.6 in March, the slowest increase in output in three months. In PMI parlance, a print above 50 means expansion while a score below 50 denotes contraction.

Covid blues: Manufacturing activities moderate in Aug

Covid blues: Manufacturing activities moderate in Aug

Rediff.com1 Sep 2021

India's manufacturing sector activities moderated in August, as business orders and production rose at softer rates due to the pandemic and rising input costs, a monthly survey said on Wednesday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) stood at 52.3 in August, down from 55.3 in July, indicating a softer rate of growth that was subdued and below its long-run average. The August PMI data pointed to an improvement in overall operating conditions for the second straight month.

Factory orders, production rise at slowest rates in 8 months

Factory orders, production rise at slowest rates in 8 months

Rediff.com3 May 2021

India's manufacturing sector activity was largely flat in April, as rates of growth for new orders and output eased to eight-month lows amid the intensification of the COVID-19 crisis, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) was at 55.5 in April, little changed from March's reading of 55.4. In PMI parlance, a print above 50 means expansion while a score below 50 denotes contraction.

Indian-origin Banerjee lifts Wimbledon boys' singles title

Indian-origin Banerjee lifts Wimbledon boys' singles title

Rediff.com11 Jul 2021

Playing only his second junior Grand Slam, 17-year-old won 7-5, 6-3

India may get normal rainfall in Aug-Sept, El Nino influence likely: IMD

India may get normal rainfall in Aug-Sept, El Nino influence likely: IMD

Rediff.com1 Aug 2023

Rainfall in August is predicted to be below normal (less than 94 per cent of LPA), but the situation is expected to improve comparatively in September, the IMD said.

'India has a responsibility to Indians in South Africa'

'India has a responsibility to Indians in South Africa'

Rediff.com22 Jul 2021

'The Government of India could aggressively promote developmental projects that will alleviate poverty particularly in communities where South Africans of Indian origin and our black brothers and sisters live as neighbours.'

Personal Data Protection

Personal Data Protection

Rediff.com28 Aug 2023

Ajit Balakrishnan offers a thinking person's guide.

'India's cities highly segregated on the basis of caste and religion'

'India's cities highly segregated on the basis of caste and religion'

Rediff.com31 Jul 2023

'Government supplied public services are less likely to be found in neighbourhoods with high numbers of Scheduled Castes and Muslims.'

India braces for driest August in 122 years

India braces for driest August in 122 years

Rediff.com29 Aug 2023

Also, the monsoon this year may end up being the driest since 2015, which recorded a rainfall deficit of 13 per cent, they said.

Services sector activities touch 5-month high in April

Services sector activities touch 5-month high in April

Rediff.com5 May 2022

Services sector activities improved further and touched a five-month high in April driven by a surge in incoming new work orders that boosted business activity and supported a renewed increase in employment, according to a survey. The seasonally adjusted S&P Global India Services PMI Business Activity Index jumped to 57.9 in April, from 53.6 in March, highlighting a sharp rate of expansion that was the fastest since last November amid mounting price pressures. For the ninth straight month, the services sector witnessed an expansion in output.

Govt, Oppn spar over who did more for space mission

Govt, Oppn spar over who did more for space mission

Rediff.com21 Sep 2023

During the day-long debate, the lines between science and religion often got blurred with many invoking religious texts and the contribution of 'rishi munis' to highlight India's tryst with the extra-terrestrial world.

World lauds ISRO for Chandrayaan-3's success

World lauds ISRO for Chandrayaan-3's success

Rediff.com23 Aug 2023

India scripted history as the ambitious third Moon mission of the Indian Space Research Organisation (ISRO) touched down on the Moon's south pole, propelling the country to an exclusive club of four and making it the first nation to land on the uncharted surface.

The Battle For Satellite Spectrum

The Battle For Satellite Spectrum

Rediff.com27 Dec 2023

While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.

'Avoid Pausing SIPs'

'Avoid Pausing SIPs'

Rediff.com5 Apr 2023

'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'

Services sector activities slump to 11-month low in June

Services sector activities slump to 11-month low in June

Rediff.com5 Jul 2021

India's services sector activities contracted further in June as the intensification of the COVID-19 crisis and reintroduction of containment measures restricted demand, a monthly survey said on Monday. The seasonally adjusted India Services Business Activity Index fell from 46.4 in May to 41.2 in June, as new work intakes and output contracted at the fastest rates since July 2020, which prompted companies to reduce employment again. Subdued demand conditions resulted in a second successive monthly drop in new business received by services firms.

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.

Manufacturing activities gain further strength in Oct

Manufacturing activities gain further strength in Oct

Rediff.com1 Nov 2021

India's manufacturing sector activities gained further strength in October as companies scaled up production and stepped up input purchasing in anticipation of further improvements in demand, a monthly survey said on Monday. Robust gains in new work aided production growth in October as output and new orders expanded at fastest rates in seven months, while business optimism hit a six-month high, the survey said. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) rose from 53.7 in September to 55.9 in October, pointing to the strongest improvement in overall operating conditions since February.

Arunachal integral part of India, not China's: US

Arunachal integral part of India, not China's: US

Rediff.com15 Mar 2023

The resolution also pushes back against People's Republic of China (PRC) claims that Arunachal Pradesh is PRC territory, which is a part of the PRC's increasingly aggressive and expansionist policies.