News for 'Ministry of Economic Development'

Jaitley releases Socio-Economic Caste Census, but no caste based data

Jaitley releases Socio-Economic Caste Census, but no caste based data

Rediff.com3 Jul 2015

The government on Friday refrained from releasing the caste-based data in its first Socio Economic and Caste Census released in eight decades and maintained that it was concerned with economic data which will help in effective implementation of its programmes.

Developers rush to get rid of SEZs in 2009

Developers rush to get rid of SEZs in 2009

Rediff.com28 Dec 2009

Rentals for commercial complexes fell sharply and the land, developers felt, could be employed for other purposes.

India to host key SCO conclave of defence ministers, Pak to attend virtually

India to host key SCO conclave of defence ministers, Pak to attend virtually

Rediff.com27 Apr 2023

Pakistan Defence Minister Khawaja Asif will attend the SCO defence ministers' meeting in New Delhi on Friday through virtual mode, according to an official readout.

'No second thoughts on Great Nicobar Port'

'No second thoughts on Great Nicobar Port'

Rediff.com11 Apr 2023

'An area of land has already been earmarked for their protected habitation.' 'There are also steps being taken to take care of the coral zone and mangroves.'

India, Lanka to double trade to $10 billion by 2016

India, Lanka to double trade to $10 billion by 2016

Rediff.com22 Jan 2013

The decision was taken during the eighth meeting of the India-Sri Lanka Joint Commission in New Delhi on Tuesday. The meeting was co-chaired by External Affairs Minister Salman Khurshid and his Sri Lankan counterpart Prof. GL Peiris.

Will the brand-new Jal Shakti ministry keep India's head above water?

Will the brand-new Jal Shakti ministry keep India's head above water?

Rediff.com27 Jul 2019

Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.

Bhupendra Patel to be sworn-in for 2nd term as Gujarat CM on Dec 12

Bhupendra Patel to be sworn-in for 2nd term as Gujarat CM on Dec 12

Rediff.com8 Dec 2022

A dedicated party worker, who made his way up in the state politics from the municipality level, Patel was a surprise choice for the top post when the BJP decided to effect a regime change, replacing the entire ministry a year before the elections.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Is Rahul Dividing India To Rule?

Is Rahul Dividing India To Rule?

Rediff.com3 Jul 2024

Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.

Confident of meeting fiscal deficit, nominal GDP targets: DEA secy

Confident of meeting fiscal deficit, nominal GDP targets: DEA secy

Rediff.com4 Sep 2023

The government is confident of meeting the fiscal deficit target of 5.9 per cent of gross domestic product (GDP) and the nominal GDP target of 10.5 per cent despite pressure in the initial months of FY24, Economic Affairs secretary Ajay Seth told Business Standard. Normally the initial months of any financial year see proportionally a higher fiscal deficit because the expenditure is evenly paced while revenue picks up in the later months, he said. "This year the proportional fiscal deficit so far is much closer to the target than in most other years.

Aviation Ministry seeks Rs 4,650 crore to revive 50 airports

Aviation Ministry seeks Rs 4,650 crore to revive 50 airports

Rediff.com19 Jul 2016

There are 394 unserved and 16 under-served airports in the country.

India closely monitoring Chinese vessel's visit to Sri Lankan port

India closely monitoring Chinese vessel's visit to Sri Lankan port

Rediff.com2 Aug 2022

There are apprehensions about the possibility of the vessel's tracking systems attempting to snoop on Indian installations while being on its way to the Sri Lankan port.

FinMin returns Oil Ministry's gas price premium proposal

FinMin returns Oil Ministry's gas price premium proposal

Rediff.com9 Jun 2015

The current price is among the lowest in Asia Pacific.

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Rediff.com27 Jan 2023

Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.

Nirmalji Goes Cautious On Fiscal Deficit Target

Nirmalji Goes Cautious On Fiscal Deficit Target

Rediff.com15 Dec 2023

But the government will present a second tranche of Supplementary Demands for Grants during the Budget session of Parliament in February, when it can seek additional spending.

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Rediff.com25 Sep 2022

Kumar, a 1992-batch Indian Administrative Service officer of Tamil Nadu cadre, is currently an additional secretary in the ministry of electronics and Information Technology.

Sri Lanka allows Chinese research vessel to dock, India monitoring situation

Sri Lanka allows Chinese research vessel to dock, India monitoring situation

Rediff.com31 Jul 2022

The southern deep-sea port of Hambantota is considered strategically important for its location.

Challenges before NITI Aayog's Suman Bery

Challenges before NITI Aayog's Suman Bery

Rediff.com14 Jun 2022

The most immediate challenge for growth is the disruption of the global economy brought about by the Ukraine war and related sanctions, the Covid shutdowns in China and the rising tide of inflation, points out Nitin Desai.

Charge sheet filed against Vivo India in money laundering case

Charge sheet filed against Vivo India in money laundering case

Rediff.com7 Dec 2023

The Enforcement Directorate has filed its first charge sheet in connection with its money laundering probe against Chinese smartphone maker Vivo-India and some others, official sources said on Thursday. The prosecution complaint was filed before the court of Special Judge Kiran Gupta in New Delhi on Wednesday under the criminal sections of the Prevention of Money Laundering Act and Vivo-India has been named an accused apart from those arrested in this case, the sources told PTI. The judge posted the matter for consideration on December 13.

Sri Lanka wants amicable settlement of Chinese ship issue, says minister

Sri Lanka wants amicable settlement of Chinese ship issue, says minister

Rediff.com2 Aug 2022

Foreign minister Ali Sabry told the cabinet that the Chinese vessel had only asked for a refuelling visit.

Meagre hike in MEA budget; Rs 990 cr allocated towards G20 presidency

Meagre hike in MEA budget; Rs 990 cr allocated towards G20 presidency

Rediff.com1 Feb 2023

The Ministry of External Affairs (MEA) has been allocated a total of Rs 18,050 crore in the Union Budget for 2023-24 which is an increase of around 4.64 per cent over last year's allocation of Rs 17,250 crore.

Modi, Blinken draw China ire for greeting Dalai Lama on birthday

Modi, Blinken draw China ire for greeting Dalai Lama on birthday

Rediff.com7 Jul 2022

Chinese foreign ministry spokesman Zhao Lijian told a media briefing that "the Indian side should fully recognise the anti-China separatist nature of the 14th Dalai Lama."

India successfully test-fires Pinaka missile systems

India successfully test-fires Pinaka missile systems

Rediff.com9 Apr 2022

The ministry said the rocket system has been upgraded with advanced technologies enhancing the range to meet the emerging requirements.

India-US joint statement puts trade at heart of enhanced ties

India-US joint statement puts trade at heart of enhanced ties

Rediff.com23 Jun 2023

India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.

It's time India scores on economic diplomacy

It's time India scores on economic diplomacy

Rediff.com3 Feb 2015

Opportunity for India to take leadership in economic diplomacy.

The Theme Of Budget 2023 Will Be....

The Theme Of Budget 2023 Will Be....

Rediff.com13 Jan 2023

'It has been an ongoing process, talking to the relevant ministries about eliminating leakages and curbing non-core expenditure in various schemes.'

What Modi said to Neil deGrasse Tyson

What Modi said to Neil deGrasse Tyson

Rediff.com21 Jun 2023

They discussed at length India's rapid progress in the space sector, including various space exploration missions being undertaken by India, the Ministry of External Affairs said in a press release.

Modi discusses India's growth story with top American thought leaders

Modi discusses India's growth story with top American thought leaders

Rediff.com21 Jun 2023

Prime Minister Narendra Modi has met leading American economist Paul Romer, investor and co-founder of hedge fund, Bridgewater Associates Ray Dalio, and other eminent thought leaders and exchanged views with them and briefed them about the reform trajectory of his government to foster economic growth. Prime Minister Modi is in New York on the first leg of his maiden state visit to the US at the invitation of President Joe Biden. Modi and Romer held discussions on India's digital journey, including the use of Aadhaar and innovative tools like Digilocker.

'Challenges from Indian govt': Afghan embassy in Delhi shuts down

'Challenges from Indian govt': Afghan embassy in Delhi shuts down

Rediff.com25 Nov 2023

The embassy said it was 'cognisant' that some may attempt to characterise this move as an internal conflict, allegedly involving diplomats who switched allegiance to the Taliban, adding "that this decision is a result of broader changes in policy and interests".

Lanka allows docking of Chinese ship at port amid India's concern

Lanka allows docking of Chinese ship at port amid India's concern

Rediff.com13 Aug 2022

The ship will now arrive on August 16 and remain at the Hambantota port till August 22, they said.

India rejects 'unwarranted' references to J-K in China-Pak statement

India rejects 'unwarranted' references to J-K in China-Pak statement

Rediff.com3 Nov 2022

The Union territories of Jammu and Kashmir, and Ladakh are and will always remain an integral and inalienable part of India, the MEA said.

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.

SEZ:10 developers want to pull out, RIL seeks time

SEZ:10 developers want to pull out, RIL seeks time

Rediff.com16 Sep 2009

The applications for seeking withdrawal of approvals and extension of validity of clearances will be considered by the board of approvals in the commerce ministry in its meeting on October 5. Those seeking extension of time include Mumbai SEZ, promoted by Reliance Industries' Chairman Mukesh Ambani and his close aide Anand Jain, Gitanjali Gems, Jubliant Infrastructure and L&T Hitech City, an official said.

Club Railways and plan panel with FinMin: BJP

Club Railways and plan panel with FinMin: BJP

Rediff.com24 Jul 2009

Initiating the debate on the Finance Bill in the Lok Sabha, BJP leader Jaswant Singh said the finance minister should not spend his time in 'accountancy' but 'apply his mind to the reality of economic management of the country." Terming the Finance Bill as the 'child' of the Union Budget, he said it (Finance Bill) should be abolished and if not, then the government should 'break it up'.

India to head BRICS' $100 billion development bank

India to head BRICS' $100 billion development bank

Rediff.com16 Jul 2014

The BRICS Summit tonight decided to establish the new development bank with an initial authorised capital of $100 billion.

It's high time Modi govt shows us good economic growth

It's high time Modi govt shows us good economic growth

Rediff.com27 Jul 2015

The Indian stock markets may turn bearish after the US Fed decides to raise interest rates.

The new face of economic team at North Block

The new face of economic team at North Block

Rediff.com6 Jan 2015

Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

If China wants to play spoiler at G20 meet, it's up to them: US

If China wants to play spoiler at G20 meet, it's up to them: US

Rediff.com6 Sep 2023

It is for China to decide what role it plays at the G20 summit in New Delhi, a top US official has said, asserting that if Beijing wants to come in and be a "spoiler", that option is available to it.

Clarity needed on tax framework for IT industry: Nasscom

Clarity needed on tax framework for IT industry: Nasscom

Rediff.com1 Feb 2021

The government has created a comprehensive budget with sharp focus on sustaining economic activity and investment but more clarity is needed on areas like taxation framework for adopting remote working on a long-term basis, IT body Nasscom said on Monday. The industry association noted that the IT/ITeS (Information Technology-enabled Services) industry has been a key driver of growth and jobs in 2020 and there is an opportunity to significantly accelerate it further. "For the IT sector, one of the biggest needs ahead of us is the development of future business models, with hybrid working becoming a reality. "We look forward for the government to provide clarity on providing a framework in direct taxes and indirect taxes for the industry to adopt WFH/remote working on a long-term basis," Nasscom said in a statement.