News for 'Ministry of Economic Development'

First phase of Iran's Chabahar port, developed by India, opened

First phase of Iran's Chabahar port, developed by India, opened

Rediff.com3 Dec 2017

The port is likely to ramp up trade between India, Afghanistan and Iran in the wake of Pakistan denying transit access to New Delhi for trade with the two countries.

Pak parties strike deal to form govt; Shehbaz Sharif to be PM, Zardari Prez

Pak parties strike deal to form govt; Shehbaz Sharif to be PM, Zardari Prez

Rediff.com21 Feb 2024

In a breakthrough that could end the political uncertainty in Pakistan, the Pakistan Muslim League-Nawaz and the Pakistan Peoples Party have agreed on a power-sharing deal to form a new coalition government after intense negotiations following a fractured poll verdict.

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Rediff.com10 Oct 2023

The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

'Rahul Gandhi should abandon his yatra'

'Rahul Gandhi should abandon his yatra'

Rediff.com1 Feb 2024

'Rahul Gandhi should have prevented Nitish Kumar from going.' 'He must pacify Mamata Banerjee if he has a cause of Mohabbat Ki Dukaan.' 'He should bring this Mohabbat Ki Dukaan on the political canvas.'

Defence budget hiked by Rs 69,000 cr to Rs 5.94 lakh crore

Defence budget hiked by Rs 69,000 cr to Rs 5.94 lakh crore

Rediff.com1 Feb 2023

The defence budget was increased to Rs 5.94 lakh crore for 2023-24, up from last year's allocation of Rs 5.25 lakh crore.

Ontario plans 'India desk' to boost trade

Ontario plans 'India desk' to boost trade

Rediff.com24 Mar 2006

Ontario, a leading province in Canada has evinced interest in building economic bridges with India and encouraging investments from the emerging south Asian superpower in different sectors including diamond mining.

Arun Jaitley to attend annual IMF-World Bank meeting in April

Arun Jaitley to attend annual IMF-World Bank meeting in April

Rediff.com2 Apr 2019

RBI Governor Shaktikanta Das and Finance Secretary Subhash Chandra Garg are also expected to attend the meetings.

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

Rediff.com2 May 2022

Prime Minister Narendra Modi said on Monday that the partnership between India and Germany could serve as an example of success in a complex world as the two sides inked several agreements focused on sustainable development under which India would receive USD 10.5 billion assistance by 2030 to boost the use of clean energy.

Modi Or Manmohan? Who Travelled More?

Modi Or Manmohan? Who Travelled More?

Rediff.com27 Feb 2024

While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.

Govt reshuffles bureaucrats, Air India chairman is aviation secretary

Govt reshuffles bureaucrats, Air India chairman is aviation secretary

Rediff.com22 Sep 2021

Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.

What Will Modi's Scientific Advisor Do?

What Will Modi's Scientific Advisor Do?

Rediff.com13 May 2022

Dr Ajay Kumar Sood will have to complete a task his predecessor started: Getting the government to sign off on a new Science, Technology, and Innovation Policy on which work was begun in 2020.

SEZs: Ministry may deny tax sops

SEZs: Ministry may deny tax sops

Rediff.com29 May 2007

The developers of special economic zones may not get tax benefits for the money spent on meeting the contiguity norms.

PM pitches for Rs 1 lakh cr investment for port development

PM pitches for Rs 1 lakh cr investment for port development

Rediff.com14 Apr 2016

Pitching for making the country's 7,500-km long coastline an "engine of growth", Prime Minister Narendra Modi on Thursday said India wants to mobilise Rs 1 lakh crore investment to enable port development and invited global community to invest.

China slams India's decision to ban 54 mobile apps

China slams India's decision to ban 54 mobile apps

Rediff.com17 Feb 2022

China on Thursday criticised India's latest decision to block access to 54 more Chinese mobile apps over security and privacy concerns, saying that the move has damaged the legitimate interests of companies from China. India on Monday blocked 54 more apps with Chinese links, including Tencent Xriver, Nice Video baidu, Viva Video Editor, and gaming app Garena Free Fire Illuminate. The Chinese apps allegedly obtain various critical permissions and collect sensitive user data. The collected real-time data are being misused and transmitted to servers located in a hostile country, sources in India said, adding that the IT ministry has issued interim directions for the blocking of 54 apps.

Rajnath performs 'shastra puja' in Arunachal, visits LAC

Rajnath performs 'shastra puja' in Arunachal, visits LAC

Rediff.com24 Oct 2023

Singh, accompanied by Army Chief Gen Manoj Pande, also carried out a comprehensive review of India's military preparedness along the Line of Actual Control (LAC) in Arunachal Pradesh and lauded the troops for guarding the border with "unwavering commitment and unparalleled courage."

Pakistan-China sign pacts to strengthen 'iron-clad friendship'

Pakistan-China sign pacts to strengthen 'iron-clad friendship'

Rediff.com22 Mar 2022

Pakistan's Foreign Minister Shah Mahmood Qureshi and his Chinese counterpart Wang Yi discussed ways to further strengthen the "iron-clad friendship" between the two countries as the two sides signed five agreements to deepen their bilateral cooperation in various fields, the foreign office said on Tuesday.

Parliament completes Budgetary exercise amid ruckus

Parliament completes Budgetary exercise amid ruckus

Rediff.com27 Mar 2023

First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.

Sitharaman meets IMF chief in Washington, highlights growth measures

Sitharaman meets IMF chief in Washington, highlights growth measures

Rediff.com19 Apr 2022

Finance Minister Nirmala Sitharaman on Tuesday met IMF managing director Kristalina Georgieva and discussed a range of issues, including impact of geopolitical situation on global growth.

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.

India joins 11 nations in another US-led China-centric group

India joins 11 nations in another US-led China-centric group

Rediff.com23 May 2022

India on Monday joined a US-led initiative to set up an Indo-Pacific Economic Framework to bind partner countries to achieve common goals, with Prime Minister Narendra Modi asserting that New Delhi will work with the stakeholders to make it an "inclusive and flexible" structure to pave the way for development, peace and prosperity in the region.

India's Big Guns Firing On Capex Front

India's Big Guns Firing On Capex Front

Rediff.com13 Feb 2024

'Interim Budget has ignited the entrepreneurial spirit.'

Govt releases socio-economic caste census that identifies causes of poverty

Govt releases socio-economic caste census that identifies causes of poverty

Rediff.com3 Jul 2015

Just 4.6 per cent of all rural households in the country pay income tax while such households with salaried income are close to 10 per cent, the first socio economic and caste census released in eight decades said.

Why Deepfakes Are A MENACE

Why Deepfakes Are A MENACE

Rediff.com7 Dec 2023

'With free software on the Internet and apps, creating a deepfake video can take 3 to 5 minutes. Anyone can make these videos.'

Why I Support Narayana Murthy

Why I Support Narayana Murthy

Rediff.com12 Dec 2023

If 4,000 workers could work round the clock for the construction of the new Parliament building, then there is no reason why all infrastructure projects too cannot follow that model, asserts Dr Sudhir Bisht.

India braces for driest August in 122 years

India braces for driest August in 122 years

Rediff.com29 Aug 2023

Also, the monsoon this year may end up being the driest since 2015, which recorded a rainfall deficit of 13 per cent, they said.

Trump ends preferential trade privileges for India

Trump ends preferential trade privileges for India

Rediff.com1 Jun 2019

Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.

Modi, Biden to hold virtual meet, talks on Ukraine likely

Modi, Biden to hold virtual meet, talks on Ukraine likely

Rediff.com11 Apr 2022

During the virtual meet, Biden and Modi will discuss cooperation on a range of issues, including ending the COVID-19 pandemic, countering the climate crisis, strengthening the global economy, and upholding a free, open, rules-based international order to bolster security, democracy, and prosperity in the Indo-Pacific, White House Press Secretary Jen Psaki said.

India has established mechanism to resolve 'friction' on LAC: Lt Gen Kalita

India has established mechanism to resolve 'friction' on LAC: Lt Gen Kalita

Rediff.com21 Aug 2022

'The Arunachal border is not demarcated in that way, so there can be differing perceptions (between two sides)'

India aims for defence hardware production, not assembly workshop: Rajnath

India aims for defence hardware production, not assembly workshop: Rajnath

Rediff.com13 Feb 2023

Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.

India stands with Sri Lankan people, says MEA amid political turmoil

India stands with Sri Lankan people, says MEA amid political turmoil

Rediff.com10 Jul 2022

MEA xpokesperson Arindam Bagchi said India continues to closely follow the developments in Sri Lanka and that it is aware of the many challenges that the country and its people have been facing.

Sitharaman meets FMs of UK, Singapore, Canada

Sitharaman meets FMs of UK, Singapore, Canada

Rediff.com29 Oct 2021

Finance Minister Nirmala Sitharman on Friday met her counterparts in Singapore and Canada and discussed various issues, including economy, health and opportunities for collaboration. Sitharaman met UK Chancellor of the Exchequer Rishi Sunak, Singapore Finance Minister Lawrence Wong and Canada's Deputy Prime Minister & Finance Minister Chrystia Freeland on the sidelines of the G-20 Joint Finance and Health Ministers' meeting. "Finance Minister Smt. @nsitharaman had an engaging discussion with @cafreeland Dy. Prime Minister & Finance Minister of Canada on the sidelines of #G20 Finance & Health Ministers Meeting in #Rome. The Ministers discussed various issues, including economic and health cooperation," a Finance Ministry tweet said.

China accuses US of using democracy as 'WMD' to stoke confrontation

China accuses US of using democracy as 'WMD' to stoke confrontation

Rediff.com11 Dec 2021

While the US omitted China and Russia from the list of invitees, Beijing was furious over the invitation to the self-governing island Taiwan, which China said is a blatant violation of the 'One China' policy that considers Taipei as the integral part of the Chinese mainland.

India shouldn't be concerned: Iranian envoy on China-brokered deal

India shouldn't be concerned: Iranian envoy on China-brokered deal

Rediff.com17 Mar 2023

The China-brokered deal between Iran and Saudi Arabia to revive diplomatic ties should not be a matter of concern for India as the pact would provide regional stability and would be beneficial for New Delhi's interests as well, Iranian ambassador Iraj Elahi said on Friday.

Lumbini as backdrop for Modi-Deuba meet, India-Nepal sign 6 MoUs

Lumbini as backdrop for Modi-Deuba meet, India-Nepal sign 6 MoUs

Rediff.com16 May 2022

Modi and Deuba discussed ways to strengthen ongoing cooperation and develop new areas in the multifaceted bilateral partnership.

India, Israel to expand defence ties; focus on futuristic technologies

India, Israel to expand defence ties; focus on futuristic technologies

Rediff.com2 Jun 2022

During the meeting, Gantz emphasised the opportunity to invest further in defence cooperation between the two countries.

ED searches 2 former IL&FS auditors in connection with money-laundering case

ED searches 2 former IL&FS auditors in connection with money-laundering case

Rediff.com10 May 2023

The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged financial irregularities at the infrastructure development and finance company, official sources said. The premises linked to the two auditors in Mumbai were searched under the provisions of the Prevention of Money Laundering Act (PMLA), they added. The action came a week after the Supreme Court set aside a Bombay High Court verdict that quashed an SFIO probe against the two companies, both former auditors of IL&FS Financial Services, paving the way for action against them under the Companies Act and allowing the National Company Law Tribunal (NCLT) to take forward its enquiry against them.

SC orders Centre, states to eradicate manual scavenging in phased manner

SC orders Centre, states to eradicate manual scavenging in phased manner

Rediff.com22 Oct 2023

Issuing a slew of directions, a bench of Justices S Ravindra Bhat (since retired) and Aravind Kumar asked the central and state governments to pay Rs 30 lakh as compensation to the next of kin of those who die while cleaning sewers.

Can You Send Email With An Attachment?

Can You Send Email With An Attachment?

Rediff.com22 May 2023

More than 70 per cent of Indian youth aged between 15 and 29 can't!

India refutes reports of sending troops to Sri Lanka

India refutes reports of sending troops to Sri Lanka

Rediff.com11 Jul 2022

India on Sunday said it stands with the Sri Lankan people in their aspirations for prosperity and progress through democratic means, established institutions and constitutional framework.

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Rediff.com28 Feb 2023

Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.