News for 'Institute of Economic Affairs'

'I assure you...': Modi meets Zelenskyy for first time since Ukraine war

'I assure you...': Modi meets Zelenskyy for first time since Ukraine war

Rediff.com20 May 2023

India has not yet condemned the Russian invasion of Ukraine and it has been maintaining that the crisis must be resolved through diplomacy and dialogue.

How diplomatic row with Canada will test Indo-US ties

How diplomatic row with Canada will test Indo-US ties

Rediff.com19 Sep 2023

Experts say Canada's allegations regarding the Indian government's involvement in the fatal shooting of Khalistan Tiger Force chief Hardeep Singh Nijjar in Canada 'could be most significant test of strength of US-India partnership since early 2000s'.

What does the future hold for NaBFID?

What does the future hold for NaBFID?

Rediff.com21 Dec 2021

This month, advertisements for managing directors and the senior management team for the National Bank for Financing Infrastructure and Development or NaBFID, should be out, signalling the start of a financial institution (FI) like no other the country has ever had. For this and other reasons government managers associated with the NaBFID project are convinced it should remain a 100 per cent government-owned entity. This is somewhat different from what former economic affairs secretary Tarun Bajaj said when the NaBFID Bill was being tabled in Parliament earlier this year: "To begin with, it will be 100 per cent government owned.

Biden's point person on Russian sanctions to visit India

Biden's point person on Russian sanctions to visit India

Rediff.com30 Mar 2022

In New Delhi, Singh will continue US administration's ongoing consultations with India, and advance a range of issues in the US-India economic relationship and strategic partnership.

Never Again A 26/11 Attack Via The Sea

Never Again A 26/11 Attack Via The Sea

Rediff.com15 Nov 2022

Sea Vigil-22 will cover the country's 7,516 km-long coastline and exclusive economic zone with the twin aim of checking preparedness of various agencies to deal with any eventualities and bolster overall maritime security.

Indian official assaulted in crisis-hit Sri Lanka, mission alerts citizens

Indian official assaulted in crisis-hit Sri Lanka, mission alerts citizens

Rediff.com19 Jul 2022

A senior Indian government official posted in Sri Lanka sustained grievous injuries in an unprovoked assault, the Indian high commission in Colombo said on Tuesday as it urged its nationals to remain aware of the latest developments in the island nation and plan their movements and activities accordingly.

Adani Crisis: No Harm To National Interest

Adani Crisis: No Harm To National Interest

Rediff.com22 Feb 2023

Those who worry that the Adani saga will turn the world off India are not looking at the entire picture, asserts Mihir S Sharma.

RBI okays transfer of Rs 99,122 cr surplus to govt

RBI okays transfer of Rs 99,122 cr surplus to govt

Rediff.com21 May 2021

The Reserve Bank on Friday approved the transfer of Rs 99,122 crore as surplus to the central government for the accounting period of nine months ended March 31.

Mid-Day Meal is now PM POSHAN, to cover pre-primary students

Mid-Day Meal is now PM POSHAN, to cover pre-primary students

Rediff.com30 Sep 2021

The Union cabinet on Wednesday approved the roll-out of the 'PM POSHAN in Schools' scheme that will provide hot cooked meal to students of elementary classes in government and government-aided schools across the country.

Bangladesh keen to revise Adani Power deal; cites high coal price

Bangladesh keen to revise Adani Power deal; cites high coal price

Rediff.com2 Feb 2023

Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, officials said in Dhaka on Thursday. "We have communicated with the Indian company seeking revision of the agreement," an official of the state-run Bangladesh Power Development Board (BPDC) told PTI on the condition of anonymity and without elaborating on the matter. Media reports suggested that the "high coal price" to be purchased for the Adani plant at India's Jharkhand emerged as the key factor for the dispute.

1001 Nunakal Review: When Confessions Go Wrong

1001 Nunakal Review: When Confessions Go Wrong

Rediff.com18 Aug 2023

Though the lies hardly go beyond extramarital affairs and conception problems, they are laid out by arresting storytellers who raise the stakes while speaking in tongues not wiped clean to make progressive points (No Made in Heaven-type diddling, here), notes Sreehari Nair.

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.

The Star Gazer Stars At TIME Gala

The Star Gazer Stars At TIME Gala

Rediff.com26 Apr 2024

At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.

Budget 2022: India Inc pitches for more reforms and tax stability

Budget 2022: India Inc pitches for more reforms and tax stability

Rediff.com16 Dec 2021

India Inc on Thursday pitched for continuation of reforms while ensuring tax and policy stability in the forthcoming Budget to prop up the economy hit hard by the COVID-19 pandemic. In the virtual pre-Budget consultation held with Finance Minister Nirmala Sitharaman, industry chambers said that government measures will help firmly entrench the nascent signs of recovery being currently seen in private investment. Capital expenditure by the government through enhanced infrastructure spending should in the meantime continue to support growth, CII president TV Narendran said.

'Modi and Trudeau will sacrifice our dreams'

'Modi and Trudeau will sacrifice our dreams'

Rediff.com9 Oct 2023

As India's diplomatic tensions with the Land of the Maple Leaf escalate, so do the anxieties of countless Punjabis.

'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.

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.

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.

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.

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's Sea Vigil mega exercise to cover 7516 km of coastline

India's Sea Vigil mega exercise to cover 7516 km of coastline

Rediff.com14 Nov 2022

India will kickstart on Tuesday a two-day multi-agency military exercise covering the country's 7,516 km-long coastline and exclusive economic zone with the twin aim of checking the preparedness of various agencies to deal with any eventualities and bolster overall maritime security, officials said.

Why Raghuram Rajan Raced At RBI

Why Raghuram Rajan Raced At RBI

Rediff.com13 Jan 2023

The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.

'How would America respond if China invades India?'

'How would America respond if China invades India?'

Rediff.com29 Jun 2023

'India will want a lot of help from the US, but it's not going to want US troops.'

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.

'Today it's Canada, it could be something else tomorrow'

'Today it's Canada, it could be something else tomorrow'

Rediff.com21 Sep 2023

'You know the kind of force involved in all of this. They are not good for the country where all of this will happen.'

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.

'US-India initiatives will face new scrutiny'

'US-India initiatives will face new scrutiny'

Rediff.com5 Dec 2023

'This incident offers ammunition to those inside the US government and elsewhere who question the wisdom of trusting India, so it will have a lasting consequence no matter how it is managed.'

Jaishankar hails Vajpayee's post-Pokhran diplomacy

Jaishankar hails Vajpayee's post-Pokhran diplomacy

Rediff.com24 Jan 2023

Presiding over the third Atal Bihari Vajpayee memorial lecture that was delivered by former Singaporean diplomat Bilahari Kausikan in New Delhi, Jaishankar also hailed Vajpayee's stint as an external affairs minister, and his role in strengthening India's ties with the United States and Russia.

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.

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".

'India can secure release of naval officers'

'India can secure release of naval officers'

Rediff.com2 Nov 2023

'There is a view that there is a Pakistan angle to this.' 'Pakistan has a large presence in Qatar and would want India to be blacklisted.'

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.

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.

'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.

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.

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.

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.

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.

'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.'

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.