News for 'Institute of Economic Affairs'

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

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.

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.

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.

'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.'

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.

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).

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.

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.

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.

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.

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.

'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.'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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).

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.

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.

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.

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.

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'.

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?

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.

'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.

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.

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.

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.

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.

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.