News for 'Ministry of Economic Development'

India condemns terror attack on Karachi airport

India condemns terror attack on Karachi airport

Rediff.com9 Jun 2014

Condemning the terror attack on Karachi International Airport, India on Monday said the strike underlines the magnitude of danger posed by terrorism, which must be fought urgently and comprehensively, without making any exception.

'Economic growth is the means to deliver social justice'

'Economic growth is the means to deliver social justice'

Rediff.com6 Sep 2016

We have brought about a slew of reforms that would help improve governance and also facilitate industrial growth, Rajasthan Chief Minister Vasundhara Raje tells Sahil Makkar.

Amid Covid spurt, China to reopen for foreign travellers from Jan 8

Amid Covid spurt, China to reopen for foreign travellers from Jan 8

Rediff.com28 Dec 2022

Days after it faced nationwide anti-government protests against its stringent zero-Covid policy, China in a major shift of its coronavirus response policies has announced that it will scrap quarantine for international travellers from January 8 as it reopens its borders and comes out of international isolation after nearly three years.

Joshimath Tourism Industry Stares At Sinking Fortunes

Joshimath Tourism Industry Stares At Sinking Fortunes

Rediff.com11 Jan 2023

The tourism industry plays a vital role in the town, accounting for 70 per cent of its economy, according to experts.

Rajapaksa emails resignation from Singapore, formal announcement on Friday

Rajapaksa emails resignation from Singapore, formal announcement on Friday

Rediff.com14 Jul 2022

Speaker's media secretary Indunil Abeywardena said a resignation letter from President Rajapaksa has been received through the Sri Lanka high commission in Singapore.

Taiwan getting ready for war with China: Report

Taiwan getting ready for war with China: Report

Rediff.com17 Nov 2022

Taiwan had shifted its purchases of large military platforms and systems, like fighter jets and naval vessels, to smaller lethal anti-ship and surface-to-air-missiles, reported The Singapore Post citing local media.

No politics on nation's economics, urges Chidambaram

No politics on nation's economics, urges Chidambaram

Rediff.com3 Feb 2014

India needs a place where all regulators could gather and function as in a war room.

China against India's plan to hold G20 meeting in J-K

China against India's plan to hold G20 meeting in J-K

Rediff.com30 Jun 2022

China on Thursday voiced its opposition to India's reported plans to hold the next year's meeting of G-20 leaders in Jammu and Kashmir.

China mum on talks with Lanka as its spy ship set to reach Hambantota

China mum on talks with Lanka as its spy ship set to reach Hambantota

Rediff.com15 Aug 2022

China on Monday said Sri Lanka has allowed its satellite and missile tracking ship to berth at the Hambantota port on Tuesday, but declined to reveal details of talks with Colombo leading to the bankrupt island's government reversing its earlier stand to defer the high-tech vessel's entry.

FinMin to kick-start Budget exercise from October 10

FinMin to kick-start Budget exercise from October 10

Rediff.com8 Sep 2022

The finance ministry will kick-start the exercise to prepare the annual Budget for 2023-24 from October 10, in the backdrop of revival of the Indian economy and fears of recession in developed countries. The budget for the next year will have to address critical issues of high inflation, job creation, boosting demand, and putting the economy on a sustained 8 per cent-plus growth path. On Wednesday, finance minister Nirmala Sitharaman said inflation is no longer "red-lettered" and the priority for the government now is job creation and boosting growth.

India-Australia relations enter T-20 mode, says Modi on strengthening ties

India-Australia relations enter T-20 mode, says Modi on strengthening ties

Rediff.com24 May 2023

Modi and Albanese also reiterated their shared ambition for an early conclusion of the ambitious Comprehensive Economic Cooperation Agreement (CECA) that is expected to significantly expand bilateral trade ties.

Modi meets Suu Kyi, Vietnamese PM; discusses bilateral, regional issues

Modi meets Suu Kyi, Vietnamese PM; discusses bilateral, regional issues

Rediff.com25 Jan 2018

The PM held bilateral meetings with three ASEAN leaders, including his Vietnamese counterpart Nguyen Xuan Phuc and Myanmar's State Counsellor Aung San Suu Kyi, and discussed key bilateral and regional issues.

Modi must oversee India's trade policy

Modi must oversee India's trade policy

Rediff.com22 Nov 2019

India needs a National Trade Policy Council, chaired by a minister who reports directly to the PM, says Jayanta Roy, former economic advisor to the Union commerce ministry.

US believes India's economic reforms are on right track

US believes India's economic reforms are on right track

Rediff.com14 Apr 2015

US trade body says, India's business climate is improving due to economic reforms.

Rajapaksa won't resign under 'any circumstances'

Rajapaksa won't resign under 'any circumstances'

Rediff.com6 Apr 2022

The Government also defended the President's decision to enforce a state of emergency, that had given him sweeping authority to act in the interests of public security and preserving public order, including suspending any laws, authorising detentions and seizing property, saying it was declared after attempts were made to attack the President's Office and other public property.

What Are The Aims Of India's Indo-Pacific Policy?

What Are The Aims Of India's Indo-Pacific Policy?

Rediff.com26 Jun 2023

India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.

Tarun Bajaj posted as revenue secretary in IAS reshuffle

Tarun Bajaj posted as revenue secretary in IAS reshuffle

Rediff.com6 Apr 2021

Senior bureaucrat Tarun Bajaj was appointed revenue secretary as part of a top-level bureaucratic reshuffle by the Centre on Tuesday.

PM Modi lands in Italy for G20 Summit; to meet Pope Francis

PM Modi lands in Italy for G20 Summit; to meet Pope Francis

Rediff.com29 Oct 2021

Prime Minister Narendra Modi on Friday arrived in Rome, Italy to participate in the G20 Summit where he will join other leaders in discussions on global economic and health recovery from COVID-19, sustainable development and climate change.

Army will give adequate response to ceasefire violations: Jaitley

Army will give adequate response to ceasefire violations: Jaitley

Rediff.com19 May 2017

Priority right now, the defence minister said, is to restore normalcy.

Inflation driven by external factors a BIG challenge for India, US

Inflation driven by external factors a BIG challenge for India, US

Rediff.com11 Nov 2022

India and the US on Friday expressed concern over high inflation which is being driven by external factors and has become a challenge for both the nations. Speaking at the US-India Businesses and Investment Opportunities, Finance Minister Nirmala Sitharaman said in India the inflation challenges are prompted more by external factors. "So while the number today is in a manageable range, the challenges are largely due to the import of crude.

J-K, Ladakh integral part of India: MEA rebuffs China

J-K, Ladakh integral part of India: MEA rebuffs China

Rediff.com15 Oct 2020

In a strong response to China's objection to development of infrastructure on the Indian side of the LAC, New Delhi also asserted that Beijing has no locus standi to comment on India's internal matters.

Sagarmala project: Poor planning on container traffic haunting shippers

Sagarmala project: Poor planning on container traffic haunting shippers

Rediff.com31 Mar 2022

Since January this year, Indian exporters have begun to dread the shipping news. That's because most of it would be about another lot of shipping companies deciding to avoid Indian ports on account of delays.

Lockdown: GoM reviews ways to ease hardships faced by the poor

Lockdown: GoM reviews ways to ease hardships faced by the poor

Rediff.com18 Apr 2020

Government sources said the GoM on coronavirus crisis also reviewed various measures being initiated by concerned ministries to allow partial economic activity in 'non-hotspot zones' from April 20.

Assess coronavirus in calm manner: Xi tells Trump

Assess coronavirus in calm manner: Xi tells Trump

Rediff.com7 Feb 2020

Another 3,143 new cases of infection were reported, which took to 31,161 the total number of confirmed cases of novel coronavirus infection from 31 provincial-level regions.

Mining an opportunity: Firm, transparent laws key to attract investments

Mining an opportunity: Firm, transparent laws key to attract investments

Rediff.com8 Aug 2023

Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.

Modi in Washington; to receive ceremonial welcome at White House

Modi in Washington; to receive ceremonial welcome at White House

Rediff.com22 Jun 2023

The prime minister, who is visiting the US at the invitation of President Biden and First Lady Jill Biden, will join them for the state banquet along with a number of dignitaries on Thursday.

Sri Lanka: 'Political stability must be restored'

Sri Lanka: 'Political stability must be restored'

Rediff.com7 May 2022

'For the common man, the economic conditions are not going to get better.'

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).

Minimum wage revision will benefit 70 lakh workers: Dattatreya

Minimum wage revision will benefit 70 lakh workers: Dattatreya

Rediff.com16 Sep 2016

The government has also revised the minimum wages for unskilled non-farm workers upwards by 42 per cent to Rs 350 per day

CBSE cuts chapters on citizenship, DeMo, secularism to reduce syllabus

CBSE cuts chapters on citizenship, DeMo, secularism to reduce syllabus

Rediff.com8 Jul 2020

The Central Board of Secondary Education (CBSE) has rationalised by up to 30 per cent the syllabus for classes 9 to 12 for the academic year 2020-21 to reduce course load on students amid the COVID-19 crisis, Union Human Resource Development Minister Ramesh Pokhriyal 'Nishank' announced on Tuesday.

Modi to visit US on June 22, Biden to host state dinner

Modi to visit US on June 22, Biden to host state dinner

Rediff.com10 May 2023

White House Press Secretary Karine Jean-Pierre said the upcoming visit will affirm the deep and close partnership between the United States and India.

Who will be India's new oil regulator?

Who will be India's new oil regulator?

Rediff.com16 Dec 2021

Former oil secretary Tarun Kapoor, present and former chairmen of ONGC and a former director of IOC, are among over a dozen people who have applied for the top job at the oil and gas regulator, PNGRB, sources said. Kapoor, who superannuated as Secretary to the Ministry of Petroleum and Natural Gas last month, is the most prominent name in the list of 13 persons who have applied to become the chairman of Petroleum and Natural Gas Regulatory Board (PNGRB). Oil and Natural Gas Corporation (ONGC) chairman and managing director Subhash Kumar and his predecessor Shashi Shanker are also in the race and so is G K Satish, who superannuated as Director for Planning and Business Development from Indian Oil Corporation (IOC) a couple of months back.

Zero tolerance for terrorism in all its manifestations 'must': India at SCO

Zero tolerance for terrorism in all its manifestations 'must': India at SCO

Rediff.com29 Jul 2022

The external affairs minister reiterated India's position on Afghanistan and highlighted its humanitarian support to the war-torn country, including the supply of wheat, medicines, vaccines and clothing.

Bureaucratic rejig: Health secy gets 3-month extension

Bureaucratic rejig: Health secy gets 3-month extension

Rediff.com26 Apr 2020

The Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, has approved a three-month extension in Sudan's service, beyond the date of her superannuation, i.e. April 30, a personnel ministry order said. She will continue to function as the secretary of the Department of Health and Family Welfare during the period, it said.

Govt's new draft rules make it easier to fly drones

Govt's new draft rules make it easier to fly drones

Rediff.com15 Jul 2021

The number of forms to be filled to operate drones in the country have been reduced to six in draft 'Drone Rules, 2021' in comparison to 25 forms mentioned in the Unmanned Aircraft System (UAS) Rules, 2021, it said.

India to lead security pillar in Bay of Bengal grouping

India to lead security pillar in Bay of Bengal grouping

Rediff.com30 Mar 2022

Prime Minister Narendra Modi announced a $1 million ad-hoc grant for the operational budget for the BIMSTEC secretariat and another $3 million assistance to revive the grouping's centre for weather and climate.

Budget 2023: What tax experts want from Sitharaman

Budget 2023: What tax experts want from Sitharaman

Rediff.com22 Dec 2022

Widening of the tax base, doing away with cess and surcharge, improvement in compliance and moderation in tax for emerging sectors are some of the suggestions submitted to the Finance Ministry ahead of the Budget by Think Change Forum (TCF). Experts are of the opinion that there is a need to grow tax revenues for the government to drive economic growth and make investments in developmental activities, TCF, the think tank said in a statement. Towards this end, poor compliance was identified as a weak link in achieving targeted collections leading to complex issues like overtaxing, complicated tax structures, rising litigation, among others.

Modi hands out jobs to 70,000 youth, criticism for Oppn

Modi hands out jobs to 70,000 youth, criticism for Oppn

Rediff.com13 Jun 2023

The prime minister took no names but made an apparent reference to reports about "rate card" for different government jobs in the Trinamool Congress-ruled West Bengal and prevalence of "cut money" in the state.

Shah, Sitharaman stand tall among ministers

Shah, Sitharaman stand tall among ministers

Rediff.com22 Jul 2021

Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.

'People want only development now and not agitations'

'People want only development now and not agitations'

Rediff.com23 Jun 2014

Kerala Chief Minister Oommen Chandy tells rediff.com's Shobha Warrier why the UPA lost in the general elections, the decline of the Left and what he expects from the Centre.