News for 'Office of Management and Budget'

Sensex crashes over 368 points; financial stocks a top drag

Sensex crashes over 368 points; financial stocks a top drag

Rediff.com28 Jan 2019

Among the Sensex losers, Yes Bank tumbled 5.46 per cent, followed by Bajaj Finance 5.40, ICICI Bank 3.82 per cent, IndusInd Bank 3.10 per cent and HeromotoCorp 2.55 per cent.

Nagarjuna shines in the first half of 2016

Nagarjuna shines in the first half of 2016

Rediff.com28 Jun 2016

Telugu films that got cash registers ringing in the first half of 2016!

Chief of Defence Staff will need to show tough love

Chief of Defence Staff will need to show tough love

Rediff.com30 Aug 2019

'Since each chief single-mindedly pursues his service's interests in the competition for turf and in core matters such as budget share. The CDS, therefore, must act as an "honest broker" whose decisions serve the broader national purpose, rather than narrow service interests,' says Ajai Shukla.

The visionary who made Indian IT industry global

The visionary who made Indian IT industry global

Rediff.com7 Dec 2020

One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.

India has 4th largest start-up hub in world

India has 4th largest start-up hub in world

Rediff.com27 Feb 2015

Indian IT-BPM industry raked in revenues of $119 bn in 2014-15.

SpiceJet loses second senior executive in a row

SpiceJet loses second senior executive in a row

Rediff.com5 Mar 2014

Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.

Corporatising OFBs: An idea whose time has come

Corporatising OFBs: An idea whose time has come

Rediff.com25 Aug 2020

'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.

US outsourcing seen at $17.6 bn

US outsourcing seen at $17.6 bn

Rediff.com14 Jan 2006

This increase in federal IT outsourcing, from the $12.2 billion spent in fiscal 2005, will be registered with the help of specific drivers.

Why Hasmukh Adhia is so wrong on LTCG tax

Why Hasmukh Adhia is so wrong on LTCG tax

Rediff.com14 Feb 2018

To say capital gains from stocks are effortless shows little understanding of the treacherous investing terrain, says Debashis Basu.

PoK-linked London Bridge attacker was 'ISIS fighter'

PoK-linked London Bridge attacker was 'ISIS fighter'

Rediff.com1 Dec 2019

'The person who carried out the London attack... was a fighter from the Islamic State, and did so in response to calls to target citizens of coalition countries,' the ISIS statement read.

Trump wants Republicans to exercise 'nuclear option' to end shutdown

Trump wants Republicans to exercise 'nuclear option' to end shutdown

Rediff.com22 Jan 2018

However, the Republicans are unlikely to opt for this, Senate Majority Leader Mitch McConnell said.

Panagariya favours China coastal model for Make in India

Panagariya favours China coastal model for Make in India

Rediff.com12 Feb 2016

The zones, says Panagariya, would have to be set up near deep-draft ports, capable of accommodating very large and heavily loaded ships

10 signs Amit Shah is 2nd only to Modi

10 signs Amit Shah is 2nd only to Modi

Rediff.com5 Jun 2019

Prime Minister Modi has entrusted Amit Shah with the task of coordinating all the agencies with their power to monitor movement and phone calls, says R Rajagopalan.

10 tough lessons I learned as an entrepreneur

10 tough lessons I learned as an entrepreneur

Rediff.com17 Apr 2019

Never be afraid to take decisions because you fear making mistakes. Mistakes are good, says Anu Prasad.

Another Indian-American appointed to Obama's team

Another Indian-American appointed to Obama's team

Rediff.com31 Jan 2009

United States President Barack Obama has appointed yet another top Indian American legal mind to a senior position in his administration. Rashad Hussain, 30, who recently served as a trial attorney at the US Department of Justice, was named by Obama as Deputy Associate Counsel to the President.Before his stint with the DOJ, Hussain was working as a law clerk to Damon K Keith on the US Court of Appeals for the Sixth Circuit in Detroit, Michigan.

Global vaccine supply hit due to Covid surge in India:

Global vaccine supply hit due to Covid surge in India:

Rediff.com28 May 2021

The 'terrible' surge of the coronavirus cases in India has severely impacted COVAX's vaccine supply in the second quarter of this year to the extent that there will be a shortfall of 190 million doses by the end of June, according to a joint statement by the WHO, UNICEF, GAVI and CEPI.

Beware of Xi's secret army!

Beware of Xi's secret army!

Rediff.com22 Jan 2021

India, Taiwan and countries with large numbers of Tibetans, Uyghurs and overseas Chinese will be prominent among those that witness elevated United Front activity, notes Jayadeva Ranade, the distinguished China expert and retired RAW officer.

Why Jaitley's fiscal deficit math is turning more difficult

Why Jaitley's fiscal deficit math is turning more difficult

Rediff.com9 Feb 2016

On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.

Jaitley wants interest rates to be 'lot lower'

Jaitley wants interest rates to be 'lot lower'

Rediff.com14 Apr 2015

There is nothing wrong with government and RBI having conflicting opinions.

Rajiv Mehrishi's retirement to leave big shoes to fill

Rajiv Mehrishi's retirement to leave big shoes to fill

Rediff.com20 Jul 2015

Bureaucrats heading disinvestment and financial services usually don't get appointed as finance secretary.

Our new strategy is making its way into business: Vishal Sikka

Our new strategy is making its way into business: Vishal Sikka

Rediff.com10 Jan 2015

Infosys to adapt to new business strategies.

Outsourcing: Who is touching your data?

Outsourcing: Who is touching your data?

Rediff.com4 Oct 2008

Outsourcing IT processes overseas may save money, but...

Stalin declares war on Governor Ravi, but within the Constitution

Stalin declares war on Governor Ravi, but within the Constitution

Rediff.com7 Feb 2022

The ruling DMK in Tamil Nadu had begun seeing Governor Ravi's decisions and actions as a part of the state BJP's non-stop criticism of its government and directed from Delhi, a view strengthened by the governor's decision to return the NEET exemption bill, points out N Sathiya Moorthy.

Foreign investors cry foul over Indian tax surprise

Foreign investors cry foul over Indian tax surprise

Rediff.com2 Apr 2015

The exemption from MAT does not apply retroactively.

'RBI's move will help banks increase lending'

'RBI's move will help banks increase lending'

Rediff.com3 Feb 2015

'Policy was more in line with the expectations.'

Jet sacked 1,000 workers in Sept, quietly

Jet sacked 1,000 workers in Sept, quietly

Rediff.com10 Dec 2008

Much before its sack order to 1,900 employees turned into a publicity nightmare, Jet Airways had handed marching orders to 1,000 workers and even managed to keep it under wraps.

Oyo appoints ex-IndiGo chief Aditya Ghosh as new CEO

Oyo appoints ex-IndiGo chief Aditya Ghosh as new CEO

Rediff.com16 Nov 2018

Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.

Centre pays higher price to keep pensioners happy

Centre pays higher price to keep pensioners happy

Rediff.com15 Feb 2017

Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.

Why ICICI Bank chose Girish Chaturvedi as its chairman

Why ICICI Bank chose Girish Chaturvedi as its chairman

Rediff.com4 Jul 2018

The ICICI board is looking to the retired petroleum secretary to provide 'maturity and sagacity'.

Pawan Hans to Air India, 9 PSUs to be put on the block

Pawan Hans to Air India, 9 PSUs to be put on the block

Rediff.com21 Sep 2018

Sources said valuation of all these assets was an ongoing process, and the mode and manner of disposal would be decided on a case-by-case basis

US government shuts down after Senate rejects spending bill

US government shuts down after Senate rejects spending bill

Rediff.com20 Jan 2018

Donald Trump blamed the Democrats after the bill, which would have provided short-term funding for the Pentagon and other federal agencies, did not receive the required 60 votes.

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.

'Railways have a 5x multiplier effect on the economy'

'Railways have a 5x multiplier effect on the economy'

Rediff.com24 Feb 2016

'We hope there shall be more focus on existing projects and their completion rather than new projects.' 'Any new project announcements should be largely for decongesting the existing lines rather than new lines.'

Bankers say post-recapitalisation, PSBs 4-5 quarters from profitability

Bankers say post-recapitalisation, PSBs 4-5 quarters from profitability

Rediff.com23 Feb 2019

A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.

In LS, Opposition criticises Shah over Delhi riots

In LS, Opposition criticises Shah over Delhi riots

Rediff.com11 Mar 2020

As the government came under attack from the Opposition during the debate on the recent communal riots in the national capital that have claimed over 50 lives, the BJP members alleged that the violence was a pre-planned conspiracy and the home minister and authorities took pro-active steps to control the situation.

Stiff riders for buyers of Air India, BPCL

Stiff riders for buyers of Air India, BPCL

Rediff.com3 Feb 2020

The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.

How Corporate India tackled DeMo challenges

How Corporate India tackled DeMo challenges

Rediff.com25 Oct 2017

The corporate sector took production cuts, conducted inventory management and reduced staff to meet challenges following the govt's note ban decision

Bigg Boss 13: Asim-Shefali's friendship goes kaput!

Bigg Boss 13: Asim-Shefali's friendship goes kaput!

Rediff.com11 Dec 2019

During the captaincy task, Asim Riaz and Shefali Jariwala have a showdown after which the latter declares that she no longer wants to share an equation with him.

Work in the gig economy? Read this

Work in the gig economy? Read this

Rediff.com11 Jul 2018

Don't worry about volatile, erratic cash flows, freelancers. Vishal Dhawan explains how you can invest and achieve your financial goals despite irregular income.