News for 'Institute of Economic Affairs'

China's population declines for first time since 1961

China's population declines for first time since 1961

Rediff.com17 Jan 2023

China's population in 2022 -- 1.4118 billion -- fell by 850,000 from 2021, the National Bureau of Statistics (NBS) said.

UN warns of 'similar episodes' as second Covid wave in India

UN warns of 'similar episodes' as second Covid wave in India

Rediff.com13 Jan 2022

'In India, a deadly wave of infection with the Delta variant stole 240,000 lives between April and June and disrupted economic recovery. Similar episodes could take place in the near term,' said the report.

Blinken visits Beijing in a bid to ease tension with China

Blinken visits Beijing in a bid to ease tension with China

Rediff.com18 Jun 2023

On a mission to cool soaring bilateral tensions, United States Secretary of State Antony Blinken on Sunday held extensive talks with his Chinese counterpart Qin Gang on a range of issues, including the Taiwan issue and the Ukraine war.

The men behind Sitharaman's 2nd Budget

The men behind Sitharaman's 2nd Budget

Rediff.com30 Dec 2019

Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.

Even NITI Aayog members are clueless about its role

Even NITI Aayog members are clueless about its role

Rediff.com6 Jan 2015

Bibek Debroy raised seven questions about the new institution.

Algo traders find relief as volumes stabilise

Algo traders find relief as volumes stabilise

Rediff.com28 May 2020

The volume of shares traded in the stock market had fallen 28 per cent in April. Turnover, or the value of securities changing hands, fell 12.6 per cent. This trend of falling volumes seems to have stabilised in May.

'It's a vindication': Govt officials upbeat over Moody's upgrade

'It's a vindication': Govt officials upbeat over Moody's upgrade

Rediff.com17 Nov 2017

"It's a welcome development, but we also feel it was long overdue... It's a recognition of the actions that the government has undertaken like GST, bankruptcy. We also need to keep all these things in perspective," Chief Economic Adviser Arvind Subramanian said.

Ukraine varsities discouraged students from leaving country: Jaishankar

Ukraine varsities discouraged students from leaving country: Jaishankar

Rediff.com15 Mar 2022

In his statement on the situation in the war-torn country, he said that 22,500 Indian citizens have returned safely from Ukraine.

Act against corrupt, however powerful, without fear, Modi tells CBI

Act against corrupt, however powerful, without fear, Modi tells CBI

Rediff.com3 Apr 2023

There is no dearth of political will today to act against corruption and officers should take action against the corrupt, however powerful, without any hesitation, Prime Minister Narendra Modi said on Monday.

G20 Summit: Dream Come True For India

G20 Summit: Dream Come True For India

Rediff.com11 Sep 2023

India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.

'India has not blinked'

'India has not blinked'

Rediff.com20 Oct 2023

'The world is watching carefully. The choices India makes today have consequences beyond its borders.'

FinMin's new A-team to unveil a big bang Budget?

FinMin's new A-team to unveil a big bang Budget?

Rediff.com20 Oct 2014

The shift was sudden, quite unlike Shukla's departure from North Block, which had been anticipated for some months even before Singh''s first Budget.

Why Jaitley is upbeat about Sino-Indian ties

Why Jaitley is upbeat about Sino-Indian ties

Rediff.com19 Apr 2016

'Economy is leading the way as far as the relationship between the two countries is concerned'.

India, Australia decide to expand military engagements

India, Australia decide to expand military engagements

Rediff.com12 Sep 2021

India and Australia on Saturday decided to expand military engagements across services and facilitate greater sharing of critical information in line with their resolve to significantly expand strategic ties.

At UNSC, Jaishankar's veiled attack on China, Pak

At UNSC, Jaishankar's veiled attack on China, Pak

Rediff.com14 Dec 2022

Multilateral platforms are being misused to justify and protect perpetrators of terrorism, External Affairs Minister S Jaishankar said

Many challenges await new FinMin secretary

Many challenges await new FinMin secretary

Rediff.com2 May 2020

The finance minister is ready to present a second financial package. The Centre has ruled out a mega stimulus and will rely on targeted, incremental packages. Industry is clamouring for a bailout, the liquidity upheaval in capital markets is nowhere close to being sorted out, and all budgetary forecasts now stand irrelevant, reports Arup Roychoudhury.

FIPB nod to Air Asia proposal not valid: Swamy

FIPB nod to Air Asia proposal not valid: Swamy

Rediff.com19 Jun 2013

After attacking the Jet-Etihad deal, Janata Party President Subramanian Swamy on Wednesday trained his guns on the Air Asia proposal to set up an Indian carrier, saying the FIPB clearance to it was "not legally valid".

'It was an outstanding vegetarian meal'

'It was an outstanding vegetarian meal'

Rediff.com30 Jun 2023

'I was amazed at how tasty it was.' 'They did a good job with millets and lentils, which Mr Modi liked.'

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.

RBI asked to maintain inflation target of 4% till March 2026

RBI asked to maintain inflation target of 4% till March 2026

Rediff.com31 Mar 2021

The government on Wednesday asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five-year period ending March 2026. To control the price rise, the government in 2016 gave a mandate to the RBI to keep the retail inflation at 4 per cent with a margin of 2 per cent on either side for a five-year period ending March 31, 2021.

'Commercial pact with Etihad not to override Jet board powers'

'Commercial pact with Etihad not to override Jet board powers'

Rediff.com25 Sep 2013

Naresh Goyal-led Jet has also changed the shareholders agreement and amended the investment agreement and the articles of association, as suggested by the Foreign Investment Promotion Board, headed by DEA Secretary Arvind Mayaram, official sources said.

Biden picks Kashmiri-origin Sameera Fazili in WH team

Biden picks Kashmiri-origin Sameera Fazili in WH team

Rediff.com16 Jan 2021

In December, Aisha Shah was named as Partnerships Manager at the White House Office of Digital Strategy.

RBI to fine tune gold monetisation scheme

RBI to fine tune gold monetisation scheme

Rediff.com27 Nov 2015

There are 350,000 jewellers, of which 13,000 are BIS-certified.

What Sitharaman did after becoming the finance minister

What Sitharaman did after becoming the finance minister

Rediff.com3 Jun 2019

This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.

Lankan Oppn to move no-trust motion against Gotabaya govt

Lankan Oppn to move no-trust motion against Gotabaya govt

Rediff.com8 Apr 2022

The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.

Chinese incursions into India strategically planned: Study

Chinese incursions into India strategically planned: Study

Rediff.com11 Nov 2022

In the 15-year dataset, the researchers noted an average of 7.8 incursions per year even though the Indian government's estimates are much higher.

Lanka Opposition rejects President's invitation to join unity govt

Lanka Opposition rejects President's invitation to join unity govt

Rediff.com4 Apr 2022

President Gotabaya Rajapaksa on Monday fired Basil Rajapaksa from his post and invited the Opposition parties to join a unity Cabinet to tackle the raging public anger against the hardships caused by the economic crisis.

Dept of Public Enterprises now part of FinMin

Dept of Public Enterprises now part of FinMin

Rediff.com7 Jul 2021

The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).

Is India A Better Target For China Than Taiwan?

Is India A Better Target For China Than Taiwan?

Rediff.com6 Sep 2022

The Xi Jinping regime might try to quell internal distress by directing nationalism and militarism against India, warn Ajay Shah and Gautam Bambawale.

Kharge extends hand to parties to defeat BJP, says ready for sacrifices

Kharge extends hand to parties to defeat BJP, says ready for sacrifices

Rediff.com25 Feb 2023

In the prevailing difficult circumstances, the Congress is the only party that can provide capable and decisive leadership to the country, Kharge asserted.

Gotabaya retains Mahinda, drops 3 Rajapaksas in new cabinet

Gotabaya retains Mahinda, drops 3 Rajapaksas in new cabinet

Rediff.com19 Apr 2022

Prime Minister Mahinda Rajapaksa became the only member of the family to retain a cabinet position in his younger brother Gotabaya Rajapaksa's new cabinet of 17 ministers appointed on Monday, as the island nation was facing the worst economic crisis.

New-look FRDI bill to offer higher deposit insurance

New-look FRDI bill to offer higher deposit insurance

Rediff.com17 Oct 2019

The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.

Plan for a Commonwealth centre in Delhi junked

Plan for a Commonwealth centre in Delhi junked

Rediff.com5 Apr 2018

According to sources the proposal has been scuppered by the British commerce ministry, which was not consulted, and which is the sectoral ministry for trade and investment.

Ukraine war an important point of discussion at G20 FMs' meet: India

Ukraine war an important point of discussion at G20 FMs' meet: India

Rediff.com1 Mar 2023

Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.

Police raids home of Karachi suicide bomber's father

Police raids home of Karachi suicide bomber's father

Rediff.com28 Apr 2022

Pakistani security forces on Thursday raided the house of the father of the woman suicide bomber from Baloch Liberation Army (BLA) who blew herself up in Karachi University that killed three Chinese teachers and injured another.

India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

Rediff.com31 Mar 2023

The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime. Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed, said Director General of Foreign Trade (DGFT) Santosh Sarangi while briefing media about FTP 2023. Earlier, Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023.

Economists tell Sitharaman to focus on reviving growth

Economists tell Sitharaman to focus on reviving growth

Rediff.com21 Dec 2019

At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.

India pitches for rating upgrade with S&P, cites macro stability

India pitches for rating upgrade with S&P, cites macro stability

Rediff.com30 Aug 2018

Credit rating agencies have been raising red flag over high debt to GDP ratio of India.

Centre not seeking Rs 3.6 lakh cr from RBI, says official

Centre not seeking Rs 3.6 lakh cr from RBI, says official

Rediff.com9 Nov 2018

"Lot of misinformed speculation is going around in media. Government's fiscal math is completely on track. There is no proposal to ask RBI to transfer Rs 3.6 or 1 lakh crore, as speculated," Economic Affairs Secretary Subhash Chandra Garg tweeted.

Sensex zooms 305 points on value-buying

Sensex zooms 305 points on value-buying

Rediff.com12 Sep 2018

The broader NSE Nifty, in a volatile session, recaptured the key 11,300-mark. It ended at 11,369.90, up 82.40 points or 0.73 per cent.