News for 'State for Economic Affairs'

Union Budget, 6 bills to be tabled during monsoon session

Union Budget, 6 bills to be tabled during monsoon session

Rediff.com20 Jul 2024

Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday as the Monsoon Session of Parliament gets underway next week with the united opposition set to corner the National Democratic Alliance government on issues ranging from the NEET paper leak case and railway safety.

If we were more Bharat...: Jaishankar on India-China ties

If we were more Bharat...: Jaishankar on India-China ties

Rediff.com4 Jan 2024

The external affairs minister also recalled how Pandit Nehru was hesitant in taking assistance from the United States following the 1962 war with China as he was unsure how it would be seen.

7,200 km of state roads to be turned into highways soon!

7,200 km of state roads to be turned into highways soon!

Rediff.com20 Feb 2014

About 10,000 km of state highways were declared national highways during the last 10 years.

State must end sexual violence by mobs: SC on Manipur

State must end sexual violence by mobs: SC on Manipur

Rediff.com11 Aug 2023

Expressing anguish over the manner in which women were subjected to grave atrocities in Manipur, the Supreme Court has said that mobs use sexual violence to send a message of subordination to the other community and the state is bound to stop this.

Modi meets Meloni in Italy, here's what they discussed

Modi meets Meloni in Italy, here's what they discussed

Rediff.com15 Jun 2024

Prime Minister Narendra Modi on Friday held bilateral talks with Italian counterpart Giorgia Meloni in Bari during which they discussed defence and security cooperation and hoped for further enhancing the defence industrial collaboration.

Indian Biz Sees Hope After Bangladesh SC Order

Indian Biz Sees Hope After Bangladesh SC Order

Rediff.com22 Jul 2024

'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'

Govt posts Manipur cadre officer as aviation secretary, rejigs bureaucracy

Govt posts Manipur cadre officer as aviation secretary, rejigs bureaucracy

Rediff.com1 Sep 2023

The Centre has appointed senior IAS officers Vumlunmang Vualnam and Neeraj Mittal as new secretaries in the ministry of civil aviation and the department of telecommunications respectively in a major secretary-level bureaucratic reshuffle, a government order stated.

Budget 2024: What India Inc wants from Nirmalaji

Budget 2024: What India Inc wants from Nirmalaji

Rediff.com20 Jun 2024

India Inc on Thursday pitched for lowering income tax burden on common man, increase in capital expenditure, and firm steps to contain food inflation in their nearly two-hour long interaction with finance minister Nirmala Shitharaman ahead of the Union Budget. During pre-Budget consultation with Sitharaman, the industry leaders and associations also urged the government to focus more on infrastructure development with a view to maintaining the economic growth momentum. The industry leaders also laid stress on boosting the MSME (micro, small, and medium enterprises) sector, considered a backbone of the Indian economy and main employment generator.

LPG price cut by Rs 100/cylinder

LPG price cut by Rs 100/cylinder

Rediff.com8 Mar 2024

Prime Minister Narendra Modi on Friday announced a Rs 100 per cylinder cut in cooking gas LPG price to ease financial burden on households. Non-subsidised cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national capital with effect from midnight of Friday/Saturday, official sources said. Prices vary from state to state depending on the incidence on local taxes.

Over 6,900 corruption cases probed by CBI pending

Over 6,900 corruption cases probed by CBI pending

Rediff.com2 Sep 2024

Over 6,900 corruption cases probed by the Central Bureau of Investigation were pending trials in different courts, 361 for more than 20 years, according to the latest annual report of the Central Vigilance Commission (CVC). Besides, as many as 658 corruption cases were pending CBI investigation, 48 for more than five years.

Protect our CPEC workers from terror attacks, China tells Pak

Protect our CPEC workers from terror attacks, China tells Pak

Rediff.com16 May 2024

Pakistan's deputy Prime Minister and Foreign Minister Ishaq Dar, who is in China on a four-day visit, and Chinese Foreign Minister Wang Yi co-chaired the fifth round of the foreign minister-level China-Pakistan Strategic Dialogue.

Govt lifts expenditure curbs linked to Covid-19

Govt lifts expenditure curbs linked to Covid-19

Rediff.com24 Sep 2021

The finance ministry on Friday withdrew expenditure curbs on various departments and ministries imposed in June in the wake of the COVID-19 second wave, reflecting improvement in public finances and the urgency to step up growth.

Centre plans power debt recast but states yet to decide

Centre plans power debt recast but states yet to decide

Rediff.com24 Sep 2012

Mandatory pvt participation, annual tariff hikes, conforming to FRBM limits seen difficult.

'Shocking That PM Gave Investing Advice'

'Shocking That PM Gave Investing Advice'

Rediff.com7 Jun 2024

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'

Is The World Spinning Out Of Control?

Is The World Spinning Out Of Control?

Rediff.com30 May 2024

The current instability in the world is a result of long term systemic and socio-politico problems, points out Colonel Anil A Athale (retd).

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

Kerala defiant, likely to teach NCERT's dropped lessons in state schools

Kerala defiant, likely to teach NCERT's dropped lessons in state schools

Rediff.com26 Apr 2023

The SERT, an autonomous body of the general education department, is considering a decision by its curriculum steering committee to include these deleted portions in the state syllabus.

4 Indian medical students drown in Russia, embassy issues advisory

4 Indian medical students drown in Russia, embassy issues advisory

Rediff.com8 Jun 2024

The four students -- two boys and two girls aged 18-20 -- were studying at the nearby Novgorod State University in Veliky Novgorod city.

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

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.

Bibek Debroy may take over as PM's economic advisor

Bibek Debroy may take over as PM's economic advisor

Rediff.com22 Sep 2017

Debroy is expected to have a role and responsibility similar to the erstwhile chairman of the Prime Minister's Economic Advisory Council

Centre cancels UGC-NET amid NEET fiasco

Centre cancels UGC-NET amid NEET fiasco

Rediff.com20 Jun 2024

A fresh examination shall be conducted, for which information shall be shared separately, a senior Ministry of Education (MoE) official said.

Why India Is Buying 5 Argentine Lithium Mines

Why India Is Buying 5 Argentine Lithium Mines

Rediff.com2 Jan 2024

The Centre will invest around Rs 200 crore over five years for the exploration and development of these mines.

'There's a de-emphasis on divestment'

'There's a de-emphasis on divestment'

Rediff.com12 Feb 2024

'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.'

Beneficial ownership norms in focus as MNCs face scrutiny

Beneficial ownership norms in focus as MNCs face scrutiny

Rediff.com12 Jun 2024

The latest ruling by the Registrar of Companies (RoC) in the LinkedIn Technology Information case for violating significant beneficial ownership (SBO) norms has brought the amended rules into the spotlight. Experts suggest that more entities, particularly multinational companies (MNCs), are expected to face greater scrutiny. "Companies are closely watching this space.

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Rediff.com25 Sep 2022

Kumar, a 1992-batch Indian Administrative Service officer of Tamil Nadu cadre, is currently an additional secretary in the ministry of electronics and Information Technology.

'Farmers are our Annadata'

'Farmers are our Annadata'

Rediff.com15 Aug 2024

This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.

West Asia tensions stall India's plans to import crude oil from Iran

West Asia tensions stall India's plans to import crude oil from Iran

Rediff.com18 Apr 2024

The latest flashpoint in West Asia has derailed India's preliminary plans to resume crude oil imports from Iran, officials said. In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had been studying proposals for the same, given that India was trying to expand sources of imports. "We are always monitoring the situation when it comes to crude flows.

India in danger of becoming Hindu nationalist State: US Congressman

India in danger of becoming Hindu nationalist State: US Congressman

Rediff.com16 Dec 2022

'I am a lover of Hinduism, a lover of Jainism, Buddhism and other religions that were born in India, but we need to protect the rights of all people there. Whether they're Muslims, Hindus, Buddhists, Jews, Christians, Jains'

India's G20 Presidency Is Largest Ever

India's G20 Presidency Is Largest Ever

Rediff.com7 Sep 2023

The first summit in South Asia, it will host the largest delegation of 43 heads of State and government as well as the heads of international organisations.

Centre asks states not to restrict inter-state movement

Centre asks states not to restrict inter-state movement

Rediff.com22 Aug 2020

In a communication to chief secretaries of all states and Union Territories, Union Home Secretary Ajay Bhalla said there were reports that local level restrictions on movement were being imposed by various districts and states.

SAARC is in trouble basically because ...: Jaishankar in veiled attack on Pak

SAARC is in trouble basically because ...: Jaishankar in veiled attack on Pak

Rediff.com3 Mar 2024

The external affairs minister said the SAARC is in trouble as one of its members has been supporting terrorism.

Xi, Putin hint at political settlement to end Ukraine war

Xi, Putin hint at political settlement to end Ukraine war

Rediff.com16 May 2024

"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

Rediff.com29 Nov 2022

The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on Monday. Starting last week, Sitharaman had eight pre-Budget consultations this time. More than 110 invitees representing seven stakeholder groups participated in these meetings, the finance ministry said in a statement. The stakeholder groups included representatives and experts from agriculture and agro-processing industry; industry, infrastructure & climate change; financial sector and capital markets; services and trade; social sector; trade unions and labour organisations; and economists.

PIX: President Murmu confers Bharat Ratna awards

PIX: President Murmu confers Bharat Ratna awards

Rediff.com30 Mar 2024

President Droupadi Murmu on Saturday conferred Bharat Ratna, the country's highest civilian honour, on former prime ministers P V Narasimha Rao and Chaudhary Charan Singh, agriculture scientist M S Swaminathan and two-time former Bihar chief minister Karpoori Thakur, posthumously at a ceremony held at the Rashtrapati Bhavan in New Delhi.

India Gains Upper Hand In China Port Rivalry

India Gains Upper Hand In China Port Rivalry

Rediff.com15 Apr 2024

The Sittwe deal is more significant than Chabahar in Iran, where India has rights to operate only two terminals and not the port itself.

China 'firmly opposes external interference' in Maldives

China 'firmly opposes external interference' in Maldives

Rediff.com12 Jan 2024

'The two sides agree to continue firmly supporting each other in safeguarding their respective core interests,' a joint statement issued at the end of Muizzu's talks with Chinese leaders said.

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

More Freebies In The Interim Budget?

More Freebies In The Interim Budget?

Rediff.com15 Dec 2023

The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.

Confident of meeting fiscal deficit, nominal GDP targets: DEA secy

Confident of meeting fiscal deficit, nominal GDP targets: DEA secy

Rediff.com4 Sep 2023

The government is confident of meeting the fiscal deficit target of 5.9 per cent of gross domestic product (GDP) and the nominal GDP target of 10.5 per cent despite pressure in the initial months of FY24, Economic Affairs secretary Ajay Seth told Business Standard. Normally the initial months of any financial year see proportionally a higher fiscal deficit because the expenditure is evenly paced while revenue picks up in the later months, he said. "This year the proportional fiscal deficit so far is much closer to the target than in most other years.