News for 'State for Economic Affairs'

Bangladesh keen to revise Adani Power deal; cites high coal price

Bangladesh keen to revise Adani Power deal; cites high coal price

Rediff.com2 Feb 2023

Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, officials said in Dhaka on Thursday. "We have communicated with the Indian company seeking revision of the agreement," an official of the state-run Bangladesh Power Development Board (BPDC) told PTI on the condition of anonymity and without elaborating on the matter. Media reports suggested that the "high coal price" to be purchased for the Adani plant at India's Jharkhand emerged as the key factor for the dispute.

G20 Summit: Dream Come True For India

G20 Summit: Dream Come True For India

Rediff.com11 Sep 2023

India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Rediff.com28 Feb 2023

Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.

Congress demands 'white paper' from govt on LAC row

Congress demands 'white paper' from govt on LAC row

Rediff.com30 May 2023

'The performance of any government is benchmarked on five parameters -- India's external security, the state of the economy, social cohesion, internal security, and India's relations with the world or its foreign policy. On each of the benchmarks in the past nine years, the NDA-BJP government has come up completely short'

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.

Rajnath to hold meet with visiting Chinese counterpart

Rajnath to hold meet with visiting Chinese counterpart

Rediff.com26 Apr 2023

Defence Minister Rajnath Singh is likely to hold bilateral talks with his Chinese counterpart Li Shangfu on the sidelines of the SCO defence ministerial conclave in Delhi, people familiar with the matter said.

Social media platforms now toolkits of terror groups: Jaishankar

Social media platforms now toolkits of terror groups: Jaishankar

Rediff.com29 Oct 2022

He said despite efforts by the UN, the threat of terrorism is only growing and expanding, particularly in Asia and Africa.

Oil Min proposes gas price hike to $6.7

Oil Min proposes gas price hike to $6.7

Rediff.com20 May 2013

In a note for the Cabinet Committee on Economic Affairs, the ministry has proposed raising gas price for state-run firms immediately and that for RIL from April 2014, sources privy to the development said.

Why Punjab Needs A Leader Like Mayawati

Why Punjab Needs A Leader Like Mayawati

Rediff.com26 Apr 2023

Unless Punjab has a chief minister who is able to look beyond community/vote bank politics, carry all sections of society, stop appeasing while addressing genuine concerns and break the stranglehold of the SGPC over Sikh affairs, my beloved home state is bound to die and conversions will be rampant, warns Sanjeev Nayaar.

Modi, Biden to hold virtual meet, talks on Ukraine likely

Modi, Biden to hold virtual meet, talks on Ukraine likely

Rediff.com11 Apr 2022

During the virtual meet, Biden and Modi will discuss cooperation on a range of issues, including ending the COVID-19 pandemic, countering the climate crisis, strengthening the global economy, and upholding a free, open, rules-based international order to bolster security, democracy, and prosperity in the Indo-Pacific, White House Press Secretary Jen Psaki said.

Centre scraps FIPB to 'further liberalise' FDI regime

Centre scraps FIPB to 'further liberalise' FDI regime

Rediff.com24 May 2017

The approvals would be handled independently by administrative ministries of different sectors.

'India has not blinked'

'India has not blinked'

Rediff.com20 Oct 2023

'The world is watching carefully. The choices India makes today have consequences beyond its borders.'

Modi in Washington; to receive ceremonial welcome at White House

Modi in Washington; to receive ceremonial welcome at White House

Rediff.com22 Jun 2023

The prime minister, who is visiting the US at the invitation of President Biden and First Lady Jill Biden, will join them for the state banquet along with a number of dignitaries on Thursday.

Modi 2.0: Sushma out, Gadkari may get defence

Modi 2.0: Sushma out, Gadkari may get defence

Rediff.com18 Apr 2019

There is buzz that the PM, confident of an election victory, will introduce 25 new ministers.

Vietnam PM's India visit to focus on increased economic activities

Vietnam PM's India visit to focus on increased economic activities

Rediff.com24 Oct 2014

China and Vietnam have an acrimonious relationship due to their standoff over the South China Sea, a huge source of hydrocarbons.

India's Sea Vigil mega exercise to cover 7516 km of coastline

India's Sea Vigil mega exercise to cover 7516 km of coastline

Rediff.com14 Nov 2022

India will kickstart on Tuesday a two-day multi-agency military exercise covering the country's 7,516 km-long coastline and exclusive economic zone with the twin aim of checking the preparedness of various agencies to deal with any eventualities and bolster overall maritime security, officials said.

As Budget session convenes, Oppn seeks debate on Adani row, govt to go by rules

As Budget session convenes, Oppn seeks debate on Adani row, govt to go by rules

Rediff.com30 Jan 2023

The session will commence with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlights the government's achievements and policy priorities.

India denies reports of sending troops to Sri Lanka

India denies reports of sending troops to Sri Lanka

Rediff.com11 May 2022

'The High Commission would like to categorically deny speculative reports in sections of media and social media about #India sending her troops to Sri Lanka. These reports and such views are also not in keeping with the position of the Government of #India,' the Indian mission said on Twitter.

Speed up divestment process, FM to officials

Speed up divestment process, FM to officials

Rediff.com20 Aug 2012

The Department of Disinvestment proposes to begin the stake sale process in September.

No public access to 2G files till probe gets over: CIC

No public access to 2G files till probe gets over: CIC

Rediff.com27 Jan 2013

Documents related to 2G spectrum allocation cannot be accessed by the public till the Joint Parliamentary Committee completes its probe and submits its report, the Central Information Commission has stated. The JPC, which is probing the high-profile scam, has directed the finance ministry not to reveal any information till it completes the probe.

India's trade deficit with Russia grows seven-fold to $34.79 billion

India's trade deficit with Russia grows seven-fold to $34.79 billion

Rediff.com26 Apr 2023

The rising dependence on discounted crude oil has resulted in India's trade deficit with Russia hitting the second-highest place last year, after China, reveals Department of Commerce data. From April through January 2022-23 (FY23), India's maximum trade deficit was with China, at $71.58 billion. This was followed by Russia, where the deficit expanded sevenfold - from $4.86 billion in April-January of 2021-22 (FY22) to $34.79 billion during the same period in FY23.

'Disillusioned' by Congress, ex-Punjab minister joins BJP

'Disillusioned' by Congress, ex-Punjab minister joins BJP

Rediff.com18 Jan 2023

Badal, who served as the finance minister in the previous Congress government, said, "Seven years ago, I merged the People's Party of Punjab with your party. I did so with immense hope and an expectation of being integrated into an organisation with a rich history that would allow me to serve both the people of Punjab and its interests to the best of my ability."

How PM Modi Became Saint Modi

How PM Modi Became Saint Modi

Rediff.com27 Nov 2023

The transmogrification of Prime Minister Modi to Saint Modi began with the ground-breaking ceremony of the Ram temple in Ayodhya. By identifying himself with Lord Ram, Modi raised himself in popular imagination to a saintly person.

Fabregas leaving Barcelona? No, insists coach Martino

Fabregas leaving Barcelona? No, insists coach Martino

Rediff.com26 Jul 2013

If we have to go by what Barcelona's new coach Gerardo Martino says, then that is the way things are going to be for Cesc Fabregas.

Modi replaces top finance mandarin Mayaram in 1st major shake up

Modi replaces top finance mandarin Mayaram in 1st major shake up

Rediff.com16 Oct 2014

Over the past six months Rajasthan has introduced some of India's most radical free-market labour, land and welfare reform.

Low-cost houses to be set up in PPP mode

Low-cost houses to be set up in PPP mode

Rediff.com27 Feb 2009

The scheme is expected to activate the measures announced for the housing construction sector under the economic stimulus packages. It will increase the stock of houses ranging from 300 sq ft to 1,200 sq ft plinth area built at affordable rates on land provided by state governments.

India offers $1 trillion investment opportunities

India offers $1 trillion investment opportunities

Rediff.com29 Jun 2011

India's infrastructure financing requirements and the new manufacturing policy being finalised will open up $1 trillion opportunities for global investors over the next five years.

Ahead of talks, Jaishankar hosts reception for visiting ministers

Ahead of talks, Jaishankar hosts reception for visiting ministers

Rediff.com1 Mar 2023

A day ahead of a crucial G20 meeting, External Affairs Minister S Jaishankar on Wednesday evening hosted a welcome dinner for the foreign ministers attending the deliberations but the reception was missed by his counterparts from the US, China, Germany and France.

How the Union Budget is made

How the Union Budget is made

Rediff.com24 Feb 2016

The main responsibility for producing the Budget rests with the Budget Division of the Department of Economic Affairs in the finance ministry

Modi To Visit 2nd Muslim Nation In A Month

Modi To Visit 2nd Muslim Nation In A Month

Rediff.com12 Jul 2023

Prime Minister Narendra Modi will visit Abu Dhabi on July 15.

Cabinet clears Rs 12,000-cr package for Bihar

Cabinet clears Rs 12,000-cr package for Bihar

Rediff.com19 Apr 2013

Bihar Chief Minister Nitish Kumar has long been demanding special category status for his state.

Jaishankar hails Vajpayee's post-Pokhran diplomacy

Jaishankar hails Vajpayee's post-Pokhran diplomacy

Rediff.com24 Jan 2023

Presiding over the third Atal Bihari Vajpayee memorial lecture that was delivered by former Singaporean diplomat Bilahari Kausikan in New Delhi, Jaishankar also hailed Vajpayee's stint as an external affairs minister, and his role in strengthening India's ties with the United States and Russia.

Bhutanese PM arrives in India

Bhutanese PM arrives in India

Rediff.com14 Jul 2008

On his maiden foreign tour, Bhutan's first Prime Minister Lyonchen Jigmi Y Thinley arrived in New Delhi on Monday for a visit, during which the two sides will look at ways to boost their friendly relations further.Thinley will hold talks with Prime Minister Manmohan Singh on Tuesday on a wide range of issues, with particular focus on enhancing ties in economic and business fields.He will also meet President Pratibha Patil, Vice President Hamid Ansari.

RBI okays transfer of Rs 99,122 cr surplus to govt

RBI okays transfer of Rs 99,122 cr surplus to govt

Rediff.com21 May 2021

The Reserve Bank on Friday approved the transfer of Rs 99,122 crore as surplus to the central government for the accounting period of nine months ended March 31.

'Our economic nirvana is not through GST'

'Our economic nirvana is not through GST'

Rediff.com30 Nov 2015

Chartered accountant and commentator M R Venkatesh on why the GST Bill will cost the BJP dear.

Has Udhayanidhi Shot INDIA Alliance in the Foot?

Has Udhayanidhi Shot INDIA Alliance in the Foot?

Rediff.com4 Sep 2023

Udayanidhi has handed over to the BJP one real issue to draw the line between it and the INDIA alliance, predicts N Sathiya Moorthy.

China Will Never Get Ladakh!

China Will Never Get Ladakh!

Rediff.com31 Oct 2023

'It is flabbergasting to think that this heavenly region has, for decades, been coveted by India's aggressive neighbours,' says Claude Arpi after a recent visit to Ladakh. 'Wanting to use the newly created infrastructure to defend the borders after the clash of 2020 with China and the resulting standoffs, the home ministry is keen to boost border tourism to show that these areas are controlled by India.'

Winter Session: Opposition wants discussion on these issues

Winter Session: Opposition wants discussion on these issues

Rediff.com6 Dec 2022

In the all-party meeting on Tuesday, Opposition parties demanded discussions on price rise, unemployment and Economically Weaker Section (EWS) quota among other issues, sources said.

Failure to end Ukraine war shows UNSC's dysfunctional system: UNGA chief

Failure to end Ukraine war shows UNSC's dysfunctional system: UNGA chief

Rediff.com30 Jan 2023

On Monday, Korosi met Prime Minister Narendra Modi, External Affairs Minister S Jaishankar and Petroleum and Natural Gas Minister Hardeep Singh Puri with an overall focus on pressing global issues including those related to the UN.