News for 'Monetary Policy Department'

Goyal runs finance ministry, but Jaitley's watching

Goyal runs finance ministry, but Jaitley's watching

Rediff.com26 Jun 2018

While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.

No amnesty for bank deposits linked to money laundering: CBDT

No amnesty for bank deposits linked to money laundering: CBDT

Rediff.com21 Feb 2017

Any bank account suspected to have been "misused" for money laundering or shell company operations won't be exempted from probe under 'Operation Clean Money' despite having low deposits, the CBDT said on Tuesday.

'The next 15 to 20 years are India's decades'

'The next 15 to 20 years are India's decades'

Rediff.com3 Feb 2017

'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'

How the military can get a bang for every buck

How the military can get a bang for every buck

Rediff.com28 May 2020

The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).

FAQs: How to combat sexual harassment at workplace

FAQs: How to combat sexual harassment at workplace

Rediff.com22 Oct 2018

Trial by the media can be avoided if the industry itself devises effective mechanisms to bring this to an end

Will govt go the China way to replace PlanCom?

Will govt go the China way to replace PlanCom?

Rediff.com19 Aug 2014

India's Planning Commission has 31 divisions and seven attached offices, which include the Unique Identification Authority of India and Independent Evaluation Office.

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.

India's growth rate to surpass China's in 2016: IMF

India's growth rate to surpass China's in 2016: IMF

Rediff.com20 Jan 2015

India is projected to grow at 6.3 per cent in 2015 and 6.5 per cent in 2016, when it is likely to cross China's projected growth rate of 6.3 per cent, the IMF said.

'Insiders' vs 'outsiders' at RBI

'Insiders' vs 'outsiders' at RBI

Rediff.com3 Sep 2014

The more competent junior or the outsider with experience in the field should get the higher post.

Beware! Reserve Bank does not give lottery prizes

Beware! Reserve Bank does not give lottery prizes

Rediff.com10 Dec 2014

Fraudulent emails exhorting people to deposit cash for reward are on the rise.

Strong reforms must to pull economy out of morass

Strong reforms must to pull economy out of morass

Rediff.com28 Apr 2014

The agency has kept its FY15 growth forecast unchanged at 5.6 per cent.

Former US envoy: 'Pakistan is a State sponsor of terror'

Former US envoy: 'Pakistan is a State sponsor of terror'

Rediff.com14 Jul 2016

'Pakistanis are very clever in manipulating us,' former Bush administration official tells US lawmakers.

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.

Modi backed, Rajan, RBI in turf war with finance ministry

Modi backed, Rajan, RBI in turf war with finance ministry

Rediff.com7 May 2015

New Delhi was reluctant to spook investors by clipping the bank's wings

SC favours green Diwali; restricts bursting of crackers to 2 hours

SC favours green Diwali; restricts bursting of crackers to 2 hours

Rediff.com23 Oct 2018

The apex court also restrained e-commerce websites like Flipkart and Amazon from selling firecrackers which are beyond the permissible limit.

The babu who planned demonetisation

The babu who planned demonetisation

Rediff.com20 Nov 2017

'GST had to come close on the heels of demonetisation as part of the same package.'

Jaitley meets US commerce secretary, bats for H-1B

Jaitley meets US commerce secretary, bats for H-1B

Rediff.com21 Apr 2017

Taking up the case of Indian IT companies and professionals, Jaitley told Ross about the contribution of highly-skilled Indians in the economic development of the United States and India and stressed that they should continue to do so, which is in the best interest of the two countries, officials said.

Database State to Surveillance State

Database State to Surveillance State

Rediff.com31 Jan 2017

The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.

Govt paves way for Rs 50k-cr projects to set up chip fabs

Govt paves way for Rs 50k-cr projects to set up chip fabs

Rediff.com13 Sep 2013

For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.

What happens to the money you deposited?

What happens to the money you deposited?

Rediff.com23 Nov 2016

If currency controls are maintained indefinitely, popular support for Narendra Modi's demonetisation will turn into dislike, warns Devangshu Datta.

'The real farmer doesn't go out to agitate'

'The real farmer doesn't go out to agitate'

Rediff.com3 Oct 2018

'Most of the agitations are staged by the Opposition to disturb the peace of the state.'

'FDI drains India's resources'

'FDI drains India's resources'

Rediff.com10 Aug 2016

'We are allowing FDI on the terms of the investors, multinationals.' 'We bow down to whatever they say.' 'When they say you open this sector, we open that sector.'

Skilling India 2.0: Challenges aplenty

Skilling India 2.0: Challenges aplenty

Rediff.com15 Jul 2015

Only 2.3% of the Indian workforce has undergone formal skill training, as compared to 68% in UK and 52% in the US

US ready to stop all funding to Pakistan: Haley

US ready to stop all funding to Pakistan: Haley

Rediff.com3 Jan 2018

The State Department and the White House too said that the US expects Pakistan to take decisive action against terrorists operating from its soil.

Brexit woes ease; Nifty reclaims 8,200 on 7th Pay Commission approval

Brexit woes ease; Nifty reclaims 8,200 on 7th Pay Commission approval

Rediff.com29 Jun 2016

Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.

Lehman crisis@10: Has the financial world changed for the better?

Lehman crisis@10: Has the financial world changed for the better?

Rediff.com17 Sep 2018

On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.

Divestment plan faces many red lights

Divestment plan faces many red lights

Rediff.com11 Apr 2016

Govt bosses in no hurry to exit from PSUs; many agencies, long process likely hurdles.

Punishment for corruption just got stricter

Punishment for corruption just got stricter

Rediff.com29 Apr 2015

Bringing corruption into the heinous crime category, the Union Cabinet on Wednesday approved official amendments to an anti-graft legislation enhancing the penalty under it to a maximum of seven years imprisonment from the present five years.

Compensation for call drops not an answer, say telcos

Compensation for call drops not an answer, say telcos

Rediff.com18 Sep 2015

On September 4, Trai issued a consultation paper on call drops.

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

Govt, BJP to counter anti-demonetisation campaign

Govt, BJP to counter anti-demonetisation campaign

Rediff.com12 Nov 2016

Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.

Why Modi could have a long-ish ride

Why Modi could have a long-ish ride

Rediff.com10 Jan 2017

'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.

Transformation of India? It's much more than numbers

Transformation of India? It's much more than numbers

Rediff.com27 Apr 2016

There is no clarity yet on how an estimated 10.9 million new jobs would be created every year.

'India has to catch a train that left 25 years ago'

'India has to catch a train that left 25 years ago'

Rediff.com2 May 2017

'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'

Gulf migrant workers will be biggest victims of oil shock

Gulf migrant workers will be biggest victims of oil shock

Rediff.com23 Mar 2016

Saudi Arabia relies more heavily on migrant labour than any other large country.

'Reforms to transform India is a marathon, not a sprint'

'Reforms to transform India is a marathon, not a sprint'

Rediff.com6 Nov 2015

'India is doing better than when we took office 17 months ago'.

Markets end flat; Infosys slumps 5% on downgrade

Markets end flat; Infosys slumps 5% on downgrade

Rediff.com8 Oct 2014

Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.

GSTN: The solution to India's tax problems

GSTN: The solution to India's tax problems

Rediff.com30 Jan 2016

'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.

Gambling to be legal? Maharashtra to take a call

Gambling to be legal? Maharashtra to take a call

Rediff.com23 May 2016

The present legislative framework on betting and gambling in India is sketchy, at best.

Bullish predictions on India's growth story

Bullish predictions on India's growth story

Rediff.com28 Apr 2016

The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.