News for 'State for Economic Affairs'

US Secretary of State Antony Blinken calls on Modi

US Secretary of State Antony Blinken calls on Modi

Rediff.com28 Jul 2021

'Good to meet US Secretary of State @SecBlinken today. I welcome President Biden's strong commitment to strengthen the India-US Strategic Partnership, which is anchored in our shared democratic values and is a force for global good,' Modi tweeted.

Has Joe Biden Lost Interest In India?

Has Joe Biden Lost Interest In India?

Rediff.com7 May 2024

Had it not been for the slow but sure emergence of China as a threat to the western order, would India have been accepted as a near-equal partner by individual western nations, jointly and severally, questions N Sathiya Moorthy.

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.

Budget 2022: Industry groups want Sitharaman to rationalise I-T slabs

Budget 2022: Industry groups want Sitharaman to rationalise I-T slabs

Rediff.com22 Dec 2021

Rationalisation of income tax slabs, infrastructure status for digital services and incentives to hydrogen storage as well as fuel cell development were some of the suggestions made by various stakeholders at the pre-Budget consultation meeting convened by Finance Minister Nirmala Sitharaman. The customary pre-Budget consultation meetings were held with the finance minister virtually between December 15 and December 22, as per the finance ministry statement. More than 120 invitees representing seven stakeholder groups participated in eight meetings, scheduled during this period, it said.

Time To Establish Diplomatic Relations With Taliban

Time To Establish Diplomatic Relations With Taliban

Rediff.com25 Jan 2024

The Taliban government in Afghanistan is not going anywhere. That being the case, why is the hesitation to establish formal diplomatic relations with the Taliban? asks Lieutenant General Prakash Katoch (Retd).

I have no personal ambitions: Chidambaram on Cong polls

I have no personal ambitions: Chidambaram on Cong polls

Rediff.com20 Feb 2023

The former Union minister asserted that an objective analysis of the political situation will lead to the conclusion that the Congress has to be the "pole" around which Opposition unity in the 2024 Lok Sabha election can be built.

Bihar cabinet approves raising quota cap to 75%

Bihar cabinet approves raising quota cap to 75%

Rediff.com8 Nov 2023

A bill will be brought in the assembly during the ongoing session, possibly this week according to sources in the cabinet.

States can mine, sell coal

States can mine, sell coal

Rediff.com17 Dec 2015

The coal-bearing states shall be getting additional revenue from such coal mines.

Why BJP Is More Guilty Than Sam Pitroda

Why BJP Is More Guilty Than Sam Pitroda

Rediff.com15 May 2024

If Pitroda's blunder cost him his office, what should the BJP's unrepentant attitude cost it?, asks Shyam G Menon.

Russia's Unease Over India-US Proximity

Russia's Unease Over India-US Proximity

Rediff.com5 Mar 2024

The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.

Bandh Karo Yeh Electoral Bonds!

Bandh Karo Yeh Electoral Bonds!

Rediff.com14 Nov 2023

Despite the objections raised by Reserve Bank of India and Election Commission, India's politics has been funded anonymously and it is time to end this, asserts Aakar Patel.

Back from China, Maldives Prez takes veiled dig at India

Back from China, Maldives Prez takes veiled dig at India

Rediff.com13 Jan 2024

Returning home after a five-day high-profile state visit to China, Maldives President Mohamed Muizzu on Saturday struck a defiant note saying that his country may be small but 'doesn't give them the license to bully us'.

'If its basic industry is terrorism': Jaishankar on helping Pak

'If its basic industry is terrorism': Jaishankar on helping Pak

Rediff.com23 Feb 2023

Jaishankar also made it clear that it is in nobody's interest to see a country get into severe economic difficulties, and that too a neighbour.

Infra Brushstrokes For The Budget

Infra Brushstrokes For The Budget

Rediff.com30 Jan 2023

7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.

CCEA, Union Cabinet meetings scheduled for today cancelled

CCEA, Union Cabinet meetings scheduled for today cancelled

Rediff.com7 Jul 2021

This came amid the buzz of an imminent reshuffle in the Union Cabinet.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

Quotas: Band-Aids Not The Solution

Quotas: Band-Aids Not The Solution

Rediff.com13 Nov 2023

Our caste warriors will not even ask these questions, let alone explore better solutions to address the problems of inequality and skewed life outcomes, argues R Jagannathan.

Ukraine war poses upside risk to inflation: FinMin

Ukraine war poses upside risk to inflation: FinMin

Rediff.com16 Mar 2022

The finance ministry said on Tuesday that high energy and commodity prices due to the Russian invasion of Ukraine may provide an upside risk to inflation and continued vigil is required. "Going forward, elevated energy and commodity prices may act as an upside risk to the inflation outlook in the near-medium term. "Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with an increase in supplies outside the crisis zone," the department of economic affairs said in its latest monthly economic report for February.

Govt pins hope on festive months for growth push

Govt pins hope on festive months for growth push

Rediff.com5 Oct 2020

The department of economic affairs, in its Monthly Economic Review for September, said critical reforms undertaken by the government will put India to a strong and sustainable growth path in the long run.

Gehlot's Dilemma: 1,813,302 Jobless Workers

Gehlot's Dilemma: 1,813,302 Jobless Workers

Rediff.com25 Nov 2023

The state's joblessness is three times higher than the national average of 7.8 per cent.

Pakistan expels Iran's envoy after airstrike, recalls man in Teheran

Pakistan expels Iran's envoy after airstrike, recalls man in Teheran

Rediff.com17 Jan 2024

Pakistan's ministry of foreign affairs said that the violation of Pakistan's sovereignty is "completely unacceptable" and warned of serious consequences.

Lanka crisis: Gotabaya forms panel to manage finances

Lanka crisis: Gotabaya forms panel to manage finances

Rediff.com7 Apr 2022

The Sri Lankan government has appointed an advisory committee comprising eminent economic and fiscal experts to provide guidance on addressing the current debt crisis and engaging with the International Monetary Fund (IMF) and other lenders as the country struggles to combat the unprecedented shortage of foreign reserves.

Meet FM's A-team behind Budget 2022

Meet FM's A-team behind Budget 2022

Rediff.com31 Jan 2022

Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.

Covid: Centre allocates foreign aid to states, UTs

Covid: Centre allocates foreign aid to states, UTs

Rediff.com4 May 2021

The Union health ministry on Tuesday said that aid received from other countries has been distributed in different states to help deal with the rising number of COVID-19 cases.

India shouldn't be concerned: Iranian envoy on China-brokered deal

India shouldn't be concerned: Iranian envoy on China-brokered deal

Rediff.com17 Mar 2023

The China-brokered deal between Iran and Saudi Arabia to revive diplomatic ties should not be a matter of concern for India as the pact would provide regional stability and would be beneficial for New Delhi's interests as well, Iranian ambassador Iraj Elahi said on Friday.

Saudi Crown Prince to stay beyond G20 Summit for...

Saudi Crown Prince to stay beyond G20 Summit for...

Rediff.com9 Sep 2023

Saudi Arabian Crown Prince Mohammed bin Salman arrived in New Delhi on a three-day state visit during which he will hold a bilateral meeting and co-chair the first leaders' meeting of the Strategic Partnership Council with Prime Minister Narendra Modi.

Govt must be given leeway to save nation: SC on Sec 6A of citizenship law

Govt must be given leeway to save nation: SC on Sec 6A of citizenship law

Rediff.com7 Dec 2023

Referring to section 6A of the Citizenship Act applicable exclusively to Assam, a five-judge constitution bench headed by Chief Justice DY Chandrachud said governments have to make compromises for the overall well-being of the nation.

Modi cannot be intimidated or forced to act against Indian interests: Putin

Modi cannot be intimidated or forced to act against Indian interests: Putin

Rediff.com8 Dec 2023

Putin said the 'policy' pursued by Modi is the main 'guarantor' of relations between the two countries.

Modi strongly condemns civilian deaths in Israel-Hamas war

Modi strongly condemns civilian deaths in Israel-Hamas war

Rediff.com18 Nov 2023

Modi said New Delhi has emphasised on dialogue and diplomacy along with restraint to deal with the situation arising out of the Hamas-Israel conflict.

No big-ticket changes in economic ministries

No big-ticket changes in economic ministries

Rediff.com12 Jul 2011

Without making big-ticket changes in the economic ministries, Prime Minister Manmohan Singh on Tuesday shifted Law Minister M Veerappa Moily to the ministry of corporate affairs and inducted young Milind Deora in his council of ministers.

US okays sale of 31 Predator drones to India in $4-bn deal

US okays sale of 31 Predator drones to India in $4-bn deal

Rediff.com1 Feb 2024

The Agency said it has delivered the required certification notifying Congress of this possible sale on Thursday.

US report flags 'downward trend of democratic values' in India

US report flags 'downward trend of democratic values' in India

Rediff.com10 Feb 2023

As the United States focuses on the Indo-Pacific, in particular the Quad, the Biden administration needs to address India's ties with Russia and its 'downward trend of democratic values and institutions', said a report by the Democratic Party of the Senate Foreign Affairs Committee.

Iranian Prez urges Modi to stop Israel action in Gaza

Iranian Prez urges Modi to stop Israel action in Gaza

Rediff.com7 Nov 2023

Iranian President Ebrahim Raisi during a call with Prime Minister Narendra Modi on Monday, urged India to use 'all its capacities' to end the Israeli actions in Gaza amid the ongoing conflict.

'They want to suffocate our voices'

'They want to suffocate our voices'

Rediff.com23 Feb 2024

'Farmers have been sent notices in which the government is threatening that if you will join the movement, then we will impound your ancestral properties.' 'We will seal your bank accounts.' 'We will revoke the passports of your kids.'

Trade settlement in rupee: Fearing sanctions by West, banks seek clarity

Trade settlement in rupee: Fearing sanctions by West, banks seek clarity

Rediff.com9 Aug 2022

Banks have raised concerns over the new international trade settlement in rupee, fearing that facilitation of such a mechanism could result in them facing the ire of economic sanctions by the West, people aware of the matter said. Large banks with overseas operations have sought clarity and assurance from the Reserve Bank of India (RBI) that they will not be targeted with sanctions for facilitating rupee trade with a sanction-hit country such as Russia. The present payment mechanism is a shift from earlier such arrangements, like the one with sanction-hit Iran, which involved banks facilitating settlement of international trade that did not have business in the sanctioned nation.

NHRC notices to Centre, 4 states over farmers' protest

NHRC notices to Centre, 4 states over farmers' protest

Rediff.com14 Sep 2021

The NHRC said that it has received several complaints regarding the ongoing farmers' protest.

SCO vows to prevent spread of terror, eliminate sleeper cells

SCO vows to prevent spread of terror, eliminate sleeper cells

Rediff.com4 Jul 2023

The declaration said the SCO leaders reaffirmed their commitment to peaceful settlement of disagreements and disputes between countries through dialogue and consultations.

States pitch for continuation of GST compensation for another 5 years

States pitch for continuation of GST compensation for another 5 years

Rediff.com30 Dec 2021

The demand for extension of the GST cess regime among others was made by several state finance ministers at a pre-budget consultation called by Union Finance Minister Nirmala Sitharaman in New Delhi. Besides, many states also demanded raising the share of the Union government in the Centrally Sponsored Schemes (CSS). Currently, the central government and state government share in some CSS is 60:40 while in others it is 75:25.

'Modi pips Xi in handling domestic, int'l affairs'

'Modi pips Xi in handling domestic, int'l affairs'

Rediff.com19 Mar 2015

Prime Minister Narendra Modi has pipped Chinese President Xi Jinping to secure the top rank in handling domestic and international affairs in a global survey conducted by a Chinese firm.

Russians Devise Ways To Outwit US, Help India

Russians Devise Ways To Outwit US, Help India

Rediff.com1 Mar 2024

Russian oil supplies to India will continue to flow unhindered and suppliers will come up with ways to sidestep secondary sanctions, a Russian official told Business Standard.