News for 'Indian Economic Association'

Sodhi has no qualms about packed schedule

Sodhi has no qualms about packed schedule

Rediff.com18 Nov 2022

'As a cricketer, in the last few years, we lost out on a few games which we could have potentially played. Yes, if we could sneak in a few matches, it would be great.'

Rupee at 80: Little relief on the cards from high trade deficit

Rupee at 80: Little relief on the cards from high trade deficit

Rediff.com21 Jul 2022

A depreciating rupee, which briefly hit 80 to the dollar on Tuesday, may boost India's exports but price-inelastic imports of crude oil and gold would mean limited relief on the trade deficit, which clocked a record $26.2 billion in June. Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee. And, with other currencies depreciating, India's comparative advantage in this respect may be limited.

Who Stoked Migrant Labour 'Exodus' From Tamil Nadu?

Who Stoked Migrant Labour 'Exodus' From Tamil Nadu?

Rediff.com6 Mar 2023

Unless controlled and contained, given the untested belief that the north Indian labour support and follow the Hindutva kind of political ideology, there is a potential in terms of ideological clashes with their Dravidian brethren in the local neighbourhoods, and it all escalating into violence, especially during election time, predicts N Sathiya Moorthy.

Entry-level jobs no more easy to come by in formal sector

Entry-level jobs no more easy to come by in formal sector

Rediff.com11 Jul 2022

It is a trend that economists and researchers say might continue. The data shows the share of this age group in the net EPF accounts created - a proxy for net new formal jobs created - fell from 37.9 per cent in 2018-19 to 24.1 per cent in 2021-22.

'Khalistan is a business'

'Khalistan is a business'

Rediff.com12 Apr 2023

'Khalistanis can be divided into three categories: Firstly, hardcore ideological people. They are microscopic, not even 1%.' 'Secondly, those who consider Khalistan a business.' 'The third category that has built the narrative of Khalistan are those who gain from polarisation.'

Grim reality 'sinks in' for sacked Twitter India staff

Grim reality 'sinks in' for sacked Twitter India staff

Rediff.com7 Nov 2022

Humiliation and uncertainty are the words to describe the situation, says one of the many Twitter India staff who was handed a pink slip on Friday. That the laying off was perhaps on expected lines or that the microblogging platform itself erupted in support from 'Tweeple' or emphatic outsiders did not make things less painful, says another ex-employee. For scores of Twitter India staff, the grim reality of large scale firings -- that also coincides with the dreaded layoff winter -- is just about 'sinking in', days after popular platform was taken over by the world's richest man Elon Musk.

India on cusp of major changes in capital account convertibility: RBI

India on cusp of major changes in capital account convertibility: RBI

Rediff.com14 Oct 2021

Hinting at further relaxation in the capital account convertibility norms, RBI Deputy Governor T Rabi Sankar on Thursday said the country is on the cusp of some fundamental shifts with regard to currency management. India has come a long way in achieving increasing levels of convertibility on the capital account and has broadly achieved the desired outcome for the policy choices in terms of achieving a stable composition of foreign capital inflow, Sankar said while addressing the Foreign Exchange Dealers' Association of India's (FEDAI) annual day meeting. Convertibility refers to the ability to convert domestic currency into foreign currencies and vice versa to make payments for balance of payments transactions.

What Went Wrong For Cyrus Mistry At Tatas

What Went Wrong For Cyrus Mistry At Tatas

Rediff.com16 Jun 2023

If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.

'The cultural base of 9 ASEAN States is Indian'

'The cultural base of 9 ASEAN States is Indian'

Rediff.com26 Jan 2018

'What India needs to do is to re-build those cultural links in a way it didn't.' 'Clearly, India needs to wake up and spend more time on ASEAN.'

Indian American doctors' meet hit by downturn

Indian American doctors' meet hit by downturn

Rediff.com12 Jun 2009

The annual convention of American Association of Physicians of Indian Origin, which normally is abuzz with activity with participants coming to the event from across the country and corporate companies scrambling to get a spot in the exhibition hall experienced a relatively thin attendance this year, according to regular visitors. Of the 900 doctors registered for the conference, about 460 are alone from Florida, the State in which Orlando is located.

Indian economy on a downhill slide?

Indian economy on a downhill slide?

Rediff.com12 Mar 2008

For the first time in three years, India will register lower growth rate, but some economists believe all is not lost.

Tokyo Olympics: Yen for Losing Money

Tokyo Olympics: Yen for Losing Money

Rediff.com28 Jul 2021

Atanu Biswas explains the economics behind hosting a Games in pandemic times.

Want To Be An Investment Banker?

Want To Be An Investment Banker?

Rediff.com7 Apr 2022

2022 is shaping up as the year brimming with job opportunities for people who possess relevant skillsets. Therefore, it is crucial for fresh graduates and young professionals to enroll in relevant certification courses to add more feathers to their introductory portfolio

Needed: A new policy for the Indian Diaspora

Needed: A new policy for the Indian Diaspora

Rediff.com20 Jan 2020

On matters relating to the Diaspora, the Centre needs to call the shots, suggests Ambassador T P S Sreenivasan.

Noted economist Dr Isher Judge Ahluwalia passes away

Noted economist Dr Isher Judge Ahluwalia passes away

Rediff.com26 Sep 2020

Ahluwalia was married to former deputy chairperson of Planning Commission Montek Singh Ahluwalia and is survived by her husband and two sons.

GN Azad is 'Mir Jafar', 'vote-cutter' propped by BJP: Jairam Ramesh

GN Azad is 'Mir Jafar', 'vote-cutter' propped by BJP: Jairam Ramesh

Rediff.com28 Jan 2023

Jairam Ramesh said the Congress has to be the "fulcrum" of any Opposition alliance to take on the BJP in the 2024 general elections as it is the only political force with a pan-India presence.

Gandhi wasn't anti-business, anti-capitalist: Book

Gandhi wasn't anti-business, anti-capitalist: Book

Rediff.com2 Oct 2021

Economist Gandhi: The Roots and the Relevance of the Political Economy of the Mahatma by retired entrepreneur Jerry Rao provides insights into a hidden facet of Gandhi's personality -- his thoughts on economics and capitalism -- and also highlights some of his views on religion, ethics, human nature, education and society.

India better positioned to face external shocks: RBI's Patra

India better positioned to face external shocks: RBI's Patra

Rediff.com15 Nov 2021

India is better positioned to face external shocks emanating from increasing geopolitical tensions, the aftermath of the COVID pandemic and the inevitability of climate change, Reserve Bank Deputy Governor Michael Debabrata Patra said on Monday. Relative to macroeconomic configurations in 2013 when India was described as one of the fragile five countries, he said, "India is better positioned currently, as its macroeconomic fundamentals have improved significantly, and external sector indicators point to the availability of enough cushions to manage external shocks." He was speaking at a conference on 'Growth And Development in the BRICS Economies' organised by the Delhi School of Economics (DSE) and the Indian Statistical Institute (ISI).

Modi-Morrison stress on immediate end to Ukraine hostilities

Modi-Morrison stress on immediate end to Ukraine hostilities

Rediff.com22 Mar 2022

Expressing concern over the Russia-Ukraine conflict, India and Australia have underlined the need for an immediate cessation of hostilities and stressed that the contemporary global order has been built on UN Charter, international law and respect for States' sovereignty and territorial integrity.

Beware China's ability to strike beyond the battlefield

Beware China's ability to strike beyond the battlefield

Rediff.com8 Apr 2021

Future conflict will involve bypassing of frontiers to strike at critical vulnerabilities directly and in the hinterland at the appropriate time, explains Lieutenant General Anil Chait (retd), who served as chief of the Integrated Defence Staff and Central Army Commander.

Trinidad and Tobago woos Indian businessmen

Trinidad and Tobago woos Indian businessmen

Rediff.com2 Jul 2003

With the Free Trade Agreement of the Americas coming on stream soon, Trinidad and Tobago would be an ideal location for Indian businessmen, according to the country's manufacturing association.

Rahul's yatra a political gimmick to connect through hatred: RSS

Rahul's yatra a political gimmick to connect through hatred: RSS

Rediff.com12 Sep 2022

RSS joint general secretary Manmohan Vaidya, apparently referring to the Congress's Bharat Jodo Yatra, described it as a "political gimmick" that will not serve its stated purpose of uniting masses.

Indian software market logs highest growth among BRICS

Indian software market logs highest growth among BRICS

Rediff.com22 May 2015

The revenue of Indian software market was at $4 billion in 2014.

This is the best time to invest in India: Modi

This is the best time to invest in India: Modi

Rediff.com17 Jan 2022

Citing India's commitment to deep economic reforms and ease of doing business, Prime Minister Narendra Modi asserted on Monday that this is the best time to invest in the country as policy-making is focussed on the needs for the next 25 years for a 'clean and green' as well as 'sustainable and reliable' growth period. In his special address to the World Economic Forum's online Davos Agenda 2022 summit, Modi underlined a host of reform measures undertaken by his government to stress that it has worked to reduce the administration's interference in business by deregulating many sectors and to clear the way for free trade agreements with different countries. India was once associated with "license raaj", he noted and highlighted the measures, including reduction of corporate tax to boost business and doing away with over 25,000 compliance requirements.

India's textile and apparel exports outshine pre-Covid numbers

India's textile and apparel exports outshine pre-Covid numbers

Rediff.com27 Dec 2021

Backed by the China-plus-one policy, India's textile and apparel exports have seen a 53 per cent growth during the April-November period of the current fiscal year at around $26 billion. This compares to the figure of $17 billion during the same period in FY21. According to Wazir Textile Index, all major companies including Welspun, Vardhman, Trident, KPR Mills, Indo Count, RSWM, Filatex, Nahar Spg and Indorama have posted higher sales during the first half of the current fiscal year compared to the pre-pandemic year.

Covid, economy figure in President Murmu's maiden address to nation

Covid, economy figure in President Murmu's maiden address to nation

Rediff.com14 Aug 2022

India has helped the world discover the true potential of democracy and the keyword for the country today is compassion for the downtrodden, needy and those on the margins, President Droupadi Murmu said on Sunday.

Rahul visits Rajiv Gandhi memorial ahead of Bharat Jodo Yatra

Rahul visits Rajiv Gandhi memorial ahead of Bharat Jodo Yatra

Rediff.com7 Sep 2022

Ahead of starting the much-hyped 'Bharat Jodo Yatra', Congress leader Rahul Gandhi on Wednesday attended a prayer meeting at the Rajiv Gandhi Memorial in Sriperumbudur on Wednesday.

Indians to get big pay hikes in 2005

Indians to get big pay hikes in 2005

Rediff.com17 Dec 2004

Hewitt Associates, the global human resources services firm, says that Indians got the highest salary hikes in 2004 and the trend is likely to continue in 2005 too.

No Indian is outsider in Bengal, BJP CM will be son of soil: PM

No Indian is outsider in Bengal, BJP CM will be son of soil: PM

Rediff.com24 Mar 2021

When the BJP forms government in Bengal, the chief minister will be a son of the soil, he said at the rally amid loud cheers from his supporters.

Lanka protesters surround PM Mahinda's residence

Lanka protesters surround PM Mahinda's residence

Rediff.com24 Apr 2022

Thousands of Inter University Students' Federation (IUSF) students were seen sloganeering outside the Prime Minister's Residence in Wijerama Mawatha.

From Kargil To Peace Talks, Musharraf's Strange Legacy

From Kargil To Peace Talks, Musharraf's Strange Legacy

Rediff.com9 Feb 2023

Chastened by the Kargil conflict, Pervez Musharraf will be remembered for gradually lowering the profile of terrorism and seeking a realistically negotiated settlement to the issue of Jammu and Kashmir, notes Ambassador G Parthasarathy, who served as India's high commissioner to Pakistan when Musharraf seized power in a coup in October 1999.

Tamil Nadu bureaucrat K Rajaraman is new telecom secretary

Tamil Nadu bureaucrat K Rajaraman is new telecom secretary

Rediff.com1 Oct 2021

Tamil Nadu cadre IAS officer K Rajaraman on Friday took charge as the new telecom secretary. His joining comes following the superannuation of Anshu Prakash on September 30. "Shri K Rajaraman, IAS (TN:89) takes charge as Secretary, @DoT_India in presence of senior officials of the department," a PIB tweet said. He was serving as the additional secretary for investments at the Department of Economic Affairs before being promoted to the position of secretary, DoT.

Indian Ocean rim group hopes India can revive regional body

Indian Ocean rim group hopes India can revive regional body

Rediff.com8 Nov 2011

The Indian Ocean group hoped to reconnect the old linkages but it has not been easy to do so due to large difference in the economic development of member countries. Shubha Singh reports.

How BRICS Is Expanded Is Crucial

How BRICS Is Expanded Is Crucial

Rediff.com25 Jun 2022

With its political colour dominated by less than democratic trends, BRICS currently leaves some of us wondering -- where in this grouping is there an assurance that human freedom will be respected unconditionally? It would be nice to see the new members of BRICS drawn from the ranks of countries wedded to preserving and guarding human freedom, observes Shyam G Menon.

Akhil Gogoi walks free as court clears him of all charges

Akhil Gogoi walks free as court clears him of all charges

Rediff.com2 Jul 2021

Akhil Gogoi, member of the legislative assembly from Sivasagar in Assam, is likely to be released from jail on Thursday as a special NIA court cleared him and his three associates of all charges under the Unlawful Activities (Prevention) Act for their alleged role in the violent anti-Citizenship Amendment Act stir in Assam in December 2019.

ED begins probe against Raj Kundra in porn films case

ED begins probe against Raj Kundra in porn films case

Rediff.com19 May 2022

The federal agency has filed a complaint under the criminal sections of the Prevention of Money Laundering Act (PMLA) after studying at least two police first information reports (FIRs) and subsequent charge sheets before a court.

Faced with shortage, Tamil Brahmin grooms to scout for brides up north

Faced with shortage, Tamil Brahmin grooms to scout for brides up north

Rediff.com17 Nov 2021

Faced with a problem of suitable brides, Thamizhnadu Brahmin Association to cast net in UP and Bihar.

Rupee to remain under pressure, may test new levels

Rupee to remain under pressure, may test new levels

Rediff.com31 Aug 2022

Indian rupee, which earlier this week touched an all-time low, is likely to remain under pressure and may test new levels as a fallout of the US Federal Reserve indicating more interest rate hikes, experts said. The aggressive rate hikes will dampen demand and increase the possibility of a recession in the US. This could accelerate the pace of capital outflows, weaken the rupee and raise the threat of imported inflation.

'Rajapaksa will try everything to hold on to power'

'Rajapaksa will try everything to hold on to power'

Rediff.com13 Jul 2022

'The fact that he hasn't resigned so far shows that he is going to do everything to hold onto power.'

FPIs sold Indian stocks, bonds worth $ 7 bn since April

FPIs sold Indian stocks, bonds worth $ 7 bn since April

Rediff.com4 Jun 2018

While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively