News for 'Institute of Economic Affairs'

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.

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.

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.

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.

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.

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.

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.

At current rate, all Indians will be vaccinated by Sept 2022

At current rate, all Indians will be vaccinated by Sept 2022

Rediff.com28 Jun 2021

865 million Indian adults require vaccination.

Global economy grim, it's hurting India's exports: Jaitley

Global economy grim, it's hurting India's exports: Jaitley

Rediff.com19 Apr 2016

Jaitley said each of the regions in the world is trying to do its best.

PM's fear of Congress showed in Parliament: Rahul hits back

PM's fear of Congress showed in Parliament: Rahul hits back

Rediff.com9 Feb 2022

He also said if the prime minister likes abusing the Congress and his great-grandfather Jawaharlal Nehru, 'be my guest, but do your job'.

Sensex soars 630 points, Nifty reclaims 10,700-mark

Sensex soars 630 points, Nifty reclaims 10,700-mark

Rediff.com12 Dec 2018

Major gainers in the Sensex pack were Hero Motocorp, which rallied 7.01 per cent, followed by Bharti Airtel (6.69 per cent), Yes Bank (5.30 per cent), Adani Ports (4.90 per cent), Tata Steel (3.75 per cent) and Bajaj Auto (3.70 per cent).

All well between RBI and FinMin?

All well between RBI and FinMin?

Rediff.com7 Jun 2017

Relations between the Mint Road and North Block have often been frosty, with the former's calls for lowering rates being the biggest point of difference

Vaccine procurement to be the focus of Jaishankar's 5-day US visit

Vaccine procurement to be the focus of Jaishankar's 5-day US visit

Rediff.com21 May 2021

Procurement of coronavirus vaccines and raw materials to boost domestic production is set to be a major focus area of External Affairs Minister S Jaishankar's five-day visit to the United States beginning Monday.

How many firms are giving online app-based loans? Govt has no data

How many firms are giving online app-based loans? Govt has no data

Rediff.com9 Feb 2021

The Reserve Bank of India has issued several warnings that the public should not fall prey to such unscrupulous activities and verify the companies offering loans online and through apps.

Centre opens 10 joint secy level posts for 'outstanding individuals'

Centre opens 10 joint secy level posts for 'outstanding individuals'

Rediff.com10 Jun 2018

The initiative is being called lateral recruitment to senior positions in the government.

FCRA challenge for foreign think tanks in India

FCRA challenge for foreign think tanks in India

Rediff.com28 Sep 2020

Funding challenges are not limited to just one think tank. Several scholars say that access for conducting research and getting foreign funds has become a major hurdle for think tanks, with the government raising many questions regarding such inflows. As a result, many think tanks are keeping a low profile and becoming less prolific.

Who should the next RBI Governor be? Vote now!

Who should the next RBI Governor be? Vote now!

Rediff.com17 Aug 2016

Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?

Is Peace in Ukraine Possible?

Is Peace in Ukraine Possible?

Rediff.com10 Apr 2023

The responsibility for peace in Ukraine now rests in the hands of the two principal belligerents, Russia and the US, and the prime victim of this great power rivalry, Ukraine, points out Nitin Desai.

'Modi has been scrupulously honest. Indira Gandhi institutionalised corruption'

'Modi has been scrupulously honest. Indira Gandhi institutionalised corruption'

Rediff.com21 Jul 2018

'Modi has shown political courage by instituting several economic reforms which include demonetisation, ushering in GST, eradication of benami transactions...'

Sachin Pilot on how India can curb ponzi schemes

Sachin Pilot on how India can curb ponzi schemes

Rediff.com2 Jul 2013

According to him, there are enough laws but their implementation is important.

Terrorism should not be linked to any religion, says Amit Shah

Terrorism should not be linked to any religion, says Amit Shah

Rediff.com18 Nov 2022

He also said that terrorists are constantly finding new ways to carry out violence, radicalise youth and raise financial resources and the darknet is being used by terrorists to spread radical content and conceal their identities.

Meet Urjit Patel, RBI's 24th Governor

Meet Urjit Patel, RBI's 24th Governor

Rediff.com20 Aug 2016

As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank

Covid cases with variants of concern rose from 10% in May to 51% till June 20

Covid cases with variants of concern rose from 10% in May to 51% till June 20

Rediff.com28 Jun 2021

The panel was informed that the economic impact of the second wave of viral infection was "asynchronous in its onset and wider in its spread particularly in rural hinterland", a source said.

Won't renounce use of force to unify Taiwan: Xi at CPC

Won't renounce use of force to unify Taiwan: Xi at CPC

Rediff.com16 Oct 2022

Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.

'US Won't Pressure India On Russia'

'US Won't Pressure India On Russia'

Rediff.com27 Oct 2022

'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'

Assam Accord: Govt forms 8-member panel for implementation

Assam Accord: Govt forms 8-member panel for implementation

Rediff.com2 Oct 2021

The Assam government has set up an eight-member committee to prepare a framework for implementation of all clauses of the 36-year-old Assam Accord, especially the Clause-6 report prepared by a central panel pertaining to protecting the cultural, social and linguistic identity and heritage of the indigenous people, officials said on Saturday.

Delhi court grants bail to Zubair, extols Hindu tolerance

Delhi court grants bail to Zubair, extols Hindu tolerance

Rediff.com15 Jul 2022

A magisterial court had on July 2 dismissed his bail plea and sent him to 14-day judicial custody (JC) in the case, citing the nature and gravity of the offences against the accused and observing that the matter was at an initial stage of investigation.

India ranks 19th among world's top exporters

India ranks 19th among world's top exporters

Rediff.com14 Apr 2015

China continues to hold the top slot.

Pakistan always first in our neighbourhood policy, says China

Pakistan always first in our neighbourhood policy, says China

Rediff.com14 Apr 2022

China on Thursday told Pakistan's new Prime Minister Shehbaz Sharif that it will always put its "all-weather ally" as a priority in its neighbourhood diplomacy as it praised his commitment to promote the USD 60 billion CPEC initiative.

China sanctions Pompeo, 27 other Americans

China sanctions Pompeo, 27 other Americans

Rediff.com21 Jan 2021

The sanctioned individuals and their immediate family members are prohibited from entering the mainland, Hong Kong and Macao of China. They and companies and institutions associated with them are also restricted from doing business with China, according to the statement by the Chinese foreign ministry.

5 FDI proposals worth Rs 6,050 crore get cleared

5 FDI proposals worth Rs 6,050 crore get cleared

Rediff.com14 Jan 2016

The FIPB rejected two proposals -- Nigeria's Mokeme Chiwetal Izuchukwu and Lanarth Developers Pvt Ltd.

India hopes to be 3rd largest economy by 2030, behind US and China

India hopes to be 3rd largest economy by 2030, behind US and China

Rediff.com15 Jul 2018

However, if the rupee depreciates much, the economy in dollar terms would be that much smaller.

Is it expensive to study in Germany?

Is it expensive to study in Germany?

Rediff.com11 Mar 2020

If you have pursued your bachelor's degree from elsewhere, studying a master's programme in public universities in Germany is easier as 80% of the universities are free, says Sushil Sukhwani.

China capable of launching cyber attacks on India: CDS

China capable of launching cyber attacks on India: CDS

Rediff.com7 Apr 2021

He said the aim has been to create firewalls to deal with the cyber attacks and that the issue is being addressed in a "serious way".

US Wants To Be Friends With Taliban?

US Wants To Be Friends With Taliban?

Rediff.com4 Feb 2022

Regional States will be worried that the US's nascent engagement with the Taliban behind the fig leaf of humanitarian aid enables the return of US intelligence personnel to Afghanistan, observes Ambassador M K Bhadrakumar.

Economist Surjit S Bhalla appointed as executive director for India at IMF

Economist Surjit S Bhalla appointed as executive director for India at IMF

Rediff.com1 Oct 2019

Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness.