News for 'State for Economic Affairs'

India will do...: Trump discusses migrant row with Modi

India will do...: Trump discusses migrant row with Modi

Rediff.com28 Jan 2025

President Trump made these remarks on Monday while talking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida.

Kumbh stampede to rock Parliament's Budget session

Kumbh stampede to rock Parliament's Budget session

Rediff.com30 Jan 2025

India's Parliament is set to begin its Budget session on Friday, with opposition parties poised to demand a discussion on the alleged mismanagement of the Maha Kumbh festival in Prayagraj, where 30 pilgrims died in a stampede. The opposition also accused the government of politicising parliamentary committees and pushing its agenda through its majority. The session will start with President Droupadi Murmu addressing both houses of Parliament. Finance Minister Nirmala Sitharaman will present the Union Budget on Saturday for the eighth consecutive time.

'Dr Singh Was The Best PM In Modern Times'

'Dr Singh Was The Best PM In Modern Times'

Rediff.com2 Jan 2025

'All the big things happening today in economic development have their beginning in Dr Manmohan Singh's ideas.'

India, China to resume Mansarovar Yatra, direct flights

India, China to resume Mansarovar Yatra, direct flights

Rediff.com28 Jan 2025

India and China on Monday decided to resume the Kailash Mansarovar Yatra as the two sides agreed to take certain people-centric steps to 'stabilise and rebuild' ties.

The landmark 1991 budget was Manmohan's trial by fire

The landmark 1991 budget was Manmohan's trial by fire

Rediff.com27 Dec 2024

Dr Manmohan Singh, the architect of India's economic reforms, had to literally face a trial-by-fire to ensure widespread acceptance of his path-breaking Union Budget of 1991 that saw the nation rise from its darkest financial crises.

Modi's Media Triumph With Uncertain Returns

Modi's Media Triumph With Uncertain Returns

Rediff.com20 Mar 2025

'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.

Trump picks anti-vaccine activist as health secretary

Trump picks anti-vaccine activist as health secretary

Rediff.com15 Nov 2024

President-elect Donald Trump announced a slate of key Cabinet nominations, including tapping former Democratic presidential candidate Robert F. Kennedy Jr. as his Secretary of Health and Human Services and former Congressman Doug Collins of Georgia as Secretary for Veterans Affairs. Trump also named Jay Clayton as US Attorney for the Southern District of New York, Todd Blanche as Deputy Attorney General, and Dean John Sauer as Solicitor General of the United States.

'Halwa' ceremony over; stage set for Nirmalaji's 7th Budget

'Halwa' ceremony over; stage set for Nirmalaji's 7th Budget

Rediff.com16 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday participated in a traditional 'halwa' ceremony, marking the final stage for preparation of Union Budget 2024-25 to be unveiled on July 23 in Lok Sabha. The ceremony is a ritual in which traditional dessert 'halwa' is prepared and served to officials and staff members of the finance ministry who are involved in the preparation of the Budget.

'Trump Has Very Positive View Of Modi'

'Trump Has Very Positive View Of Modi'

Rediff.com17 Feb 2025

'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'

45 specialists to join Modi govt in major lateral entry push

45 specialists to join Modi govt in major lateral entry push

Rediff.com17 Aug 2024

Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.

India, Canada diplomatic row: Will it hurt bilateral trade?

India, Canada diplomatic row: Will it hurt bilateral trade?

Rediff.com15 Oct 2024

The escalation in the diplomatic row between India and Canada will not have an impact on the bilateral trade and investment ties between the two countries, government sources said on Tuesday. They also said that the bilateral trade value is not significant and Canadian funds can route their investments through Singapore, the UAE and the US. "India is a preferred investment destination," they said.

Budget Prepares For Rise In Cancer Cases

Budget Prepares For Rise In Cancer Cases

Rediff.com3 Feb 2025

Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?

TMC distances itself from Hakim's Muslim population remark amid backlash

TMC distances itself from Hakim's Muslim population remark amid backlash

Rediff.com16 Dec 2024

The Trinamool Congress (TMC) has distanced itself from controversial remarks made by its senior leader and West Bengal minister Firhad Hakim regarding the Muslim percentage in the population. Hakim, in a speech, had claimed that Muslims constitute 33 per cent of the population in West Bengal and 17 per cent nationwide, adding that they could become a numerical majority if they empower themselves. The party issued a statement on Monday condemning Hakim's remarks, asserting that they do not reflect its ideology and commitment to communal harmony. The remarks have sparked a political storm, with the opposition BJP accusing Hakim of attempting to stir communal sentiments. Hakim later clarified that his remarks were misinterpreted and that he was advocating for the empowerment of minorities through education and skill development. However, the controversy has caused ripples within the TMC and complicated the party's messaging.

Winter Session: Opposition presses for debate on Adani

Winter Session: Opposition presses for debate on Adani

Rediff.com24 Nov 2024

The opposition on Sunday asked the Centre to allow discussions in the Parliament on the United States prosecutors' bribery charges against the Adani Group even as Union minister Kiren Rijiju made it clear that the matters to be taken up in the two Houses will be decided by their authorised committees with the consent of the respective Chair.

Diplomatic Expulsions: Games Nations Play

Diplomatic Expulsions: Games Nations Play

Rediff.com18 Oct 2024

India and Canada have mutually beneficial political and economic linkages. The two countries should get together and find a solution. The expulsion war should, in the meantime, be a guarantee against any deterioration of the situation, asserts Ambassador T P Sreenivasan, the first Indian head of mission to be ever expelled by any country.

Dharavi redevelopment: HC upholds award of tender to Adani Group

Dharavi redevelopment: HC upholds award of tender to Adani Group

Rediff.com20 Dec 2024

The Bombay high court on Friday upheld the tender awarded to an Adani Group firm by the Maharashtra government for the Dharavi slum redevelopment project in Mumbai, ruling there was no 'arbitrariness, unreasonableness or perversity' in the decision.

China to build world's largest dam near India border

China to build world's largest dam near India border

Rediff.com26 Dec 2024

China has approved the construction of the world's largest dam on the Brahmaputra River in Tibet, close to the Indian border. The USD 137 billion project, which is expected to dwarf even China's own Three Gorges Dam, has raised concerns in India and Bangladesh, the downstream riparian states. Concerns in India are centered around China's potential to control water flow, potentially enabling the release of large amounts of water to flood border areas in times of hostilities. The dam is part of China's 14th Five-Year Plan, and the Chinese government claims that the project is safe and prioritizes ecological protection.

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

Rediff.com17 Dec 2023

In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.

AAP + Cong Would Still Have Lost To BJP

AAP + Cong Would Still Have Lost To BJP

Rediff.com10 Feb 2025

Many were so disillusioned with AAP that they left it in droves. A 10% drop in AAP's vote share is a pointer to that. To assume that if AAP had teamed up with the Congress, the Congress' 6.3% vote share would have helped AAP retain control of Delhi is erroneous, argues Sudhir Bisht.

India Working on 30,000 cr Maritime Development Fund

India Working on 30,000 cr Maritime Development Fund

Rediff.com26 Sep 2024

The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.

Will L'affaire Adani Affect Modi's Image?

Will L'affaire Adani Affect Modi's Image?

Rediff.com21 Feb 2023

Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.

Warning! Trump 2.0 Will Be Very Different

Warning! Trump 2.0 Will Be Very Different

Rediff.com8 Jan 2025

'Trump has no more elections to fight and his soaring ambition, which is no secret, will be to carve out a presidential legacy that outshines by far all his mediocre predecessors.' 'Trump's turnaround on the H-1B visa debate shows that he can take tough decisions and there are no holy cows in his domain,' asserts Ambassador M K Bhadrakumar.

Jaishankar lands in Islamabad as India swears by SCO, but no bilaterals

Jaishankar lands in Islamabad as India swears by SCO, but no bilaterals

Rediff.com15 Oct 2024

It is the first time in nearly nine years that India's foreign minister travelled to Pakistan even as the ties between the two neighbours remained tense over the Kashmir issue and cross-border terrorism emanating from Pakistan.

Modi meets Israeli Prez in Dubai, says he supports two-state solution

Modi meets Israeli Prez in Dubai, says he supports two-state solution

Rediff.com2 Dec 2023

Prime Minister Narendra Modi on Friday met Israeli President Isaac Herzog and underscored India's support for an early and durable resolution of the Israel-Palestine issue through dialogue and diplomacy.

'NSA Mike Waltz would be good for India-US relationship'

'NSA Mike Waltz would be good for India-US relationship'

Rediff.com12 Nov 2024

Waltz after being elected as the Co-Chair of India Caucus in January last year had said that India is the world's largest democracy and an important strategic partner for the United States.

Jaishankar, Pak PM Sharif shake hands at SCO dinner; no hint of thaw in ties

Jaishankar, Pak PM Sharif shake hands at SCO dinner; no hint of thaw in ties

Rediff.com16 Oct 2024

The brief exchange and handshake between Jaishankar and Sharif took place at a banquet dinner hosted by the Pakistani prime minister at his residence in honour of the delegates attending a summit of the Shanghai Cooperation Organisation.

'China-India-US Triangle Will Be One Of The More Fascinating Geopolitical Storylines Of The Second Trump Administration'

'China-India-US Triangle Will Be One Of The More Fascinating Geopolitical Storylines Of The Second Trump Administration'

Rediff.com13 Nov 2024

'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'

Quad leaders' summit at Biden home, followed by dinner

Quad leaders' summit at Biden home, followed by dinner

Rediff.com21 Sep 2024

The announcement for the QUAD Caucus came from Congressman Ami Bera, Ranking Member of the House Foreign Affairs Indo-Pacific Subcommittee, Congressman Rob Wittman, and Senators Tammy Duckworth and Pete Ricketts, both members of the Senate Foreign Relations Committee.

Zelenskyy explains war situation, Modi says India willing to help

Zelenskyy explains war situation, Modi says India willing to help

Rediff.com24 Aug 2024

Ukraine and Russia need to engage with each other to find a solution to the ongoing conflict between them, India said on Friday after Prime Minister Narendra Modi held wide-ranging talks with President Volodymyr Zelenskyy in Kyiv under the shadow of the raging war.

Time For India To Revisit Western Alliances

Time For India To Revisit Western Alliances

Rediff.com4 Nov 2024

It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.

Tatas may choose Singapore as key partner for semiconductor play

Tatas may choose Singapore as key partner for semiconductor play

Rediff.com8 Nov 2024

Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.

'Musk, Vivek biggest threat for China'

'Musk, Vivek biggest threat for China'

Rediff.com24 Nov 2024

United States President-elect Donald Trump's plan to overhaul the government with a new department headed by tech billionaire Elon Musk and Indian-origin entrepreneur Vivek Ramaswamy will be a biggest threat for China as it has to compete with far more efficient US political system, a policy advisor to the Chinese government said.

China Remains Jaishankar's Main Problem

China Remains Jaishankar's Main Problem

Rediff.com15 Jun 2024

'China is India's primary strategic challenge, which will not go away.

Do You Need To Get A New PAN Card?

Do You Need To Get A New PAN Card?

Rediff.com29 Nov 2024

First things first: For those wondering if they need to reapply, the answer is no.

Sitharaman to meet CMs, state FMs on Monday

Sitharaman to meet CMs, state FMs on Monday

Rediff.com12 Nov 2021

Union Finance Minister Nirmala Sitharaman will on Monday meet chief ministers and state finance ministers to discuss measures to attract private investments to help boost the economy. Finance secretary T V Somanathan said the meeting comes in the backdrop of strong economic recovery post the two COVID waves, and the central government has made a big push in Capex. The focus of this interaction will be on state-level issues, opportunities and challenges, which will enable us to go to a higher trajectory of investment and growth, he said.

New Kolkata CP appointed, 2 health officials removed

New Kolkata CP appointed, 2 health officials removed

Rediff.com17 Sep 2024

Senior Indian Police Service officer Manoj Kumar Verma was appointed the new Kolkata Police commissioner, replacing Vineet Goyal, on Tuesday, a day after Chief Minister Mamata Banerjee held a meeting with agitating junior doctors and agreed to their demands in a bid to resolve the more than a month-long impasse over the RG Kar hospital incident.

Economic growth will only move upwards: Shaktikanta Das

Economic growth will only move upwards: Shaktikanta Das

Rediff.com5 Feb 2021

Stressing that economic growth will only move upwards, the Reserve Bank of India Governor Shaktikanta Das on Friday pegged the GDP growth rate for the next financial year at 10.5 per cent, though a tad lower than the government's projection of 11 per cent. The projection is in line with the estimates in the Union Budget 2021-22 presented in Parliament earlier this week. The Economic Survey, tabled by the government in Parliament recently, has projected that the economy will grow at 11 per cent, up from an estimated historic decline of 7.7 per cent in 2020-21, on account of the COVID-19 pandemic.

Why Latin America Loves India And Vice Versa

Why Latin America Loves India And Vice Versa

Rediff.com25 Dec 2024

The warmth and respect for India were evident wherever I went and noticed how most Latin Americans have Indian gurus either directly or online and yoga was very much in vogue, observes Ambassador T P Sreenivasan.

Over 7,200 Indian students return home post Bangladesh unrest: Govt

Over 7,200 Indian students return home post Bangladesh unrest: Govt

Rediff.com9 Aug 2024

The high commission of India in Dhaka and the assistant high commissions in Chittagong, Rajshahi, Sylhet and Khulna have been assisting in the voluntary return of Indian nationals, he said.

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.