News for 'State for Economic Affairs'

Lanka Opposition rejects President's invitation to join unity govt

Lanka Opposition rejects President's invitation to join unity govt

Rediff.com4 Apr 2022

President Gotabaya Rajapaksa on Monday fired Basil Rajapaksa from his post and invited the Opposition parties to join a unity Cabinet to tackle the raging public anger against the hardships caused by the economic crisis.

No plan to release 2011 caste census data at this stage: Govt

No plan to release 2011 caste census data at this stage: Govt

Rediff.com26 Jul 2022

Union Minister of State for Home Nityanand Rai also said that the central government has not enumerated caste-wise population other than SCs and STs in census since Independence.

Budget 2022: India Inc pitches for more reforms and tax stability

Budget 2022: India Inc pitches for more reforms and tax stability

Rediff.com16 Dec 2021

India Inc on Thursday pitched for continuation of reforms while ensuring tax and policy stability in the forthcoming Budget to prop up the economy hit hard by the COVID-19 pandemic. In the virtual pre-Budget consultation held with Finance Minister Nirmala Sitharaman, industry chambers said that government measures will help firmly entrench the nascent signs of recovery being currently seen in private investment. Capital expenditure by the government through enhanced infrastructure spending should in the meantime continue to support growth, CII president TV Narendran said.

Why Statehood Needs To Be Restored In J&K

Why Statehood Needs To Be Restored In J&K

Rediff.com25 Jul 2023

The best, wisest, and fairest next step in strengthening our own cause is to restore statehood to Jammu & Kashmir and allow the resumption of robust political activity. That's a box that remains unchecked on the Modi government's report card as we approach the fourth anniversary of Kashmir's Constitutional shift, notes Shekhar Gupta.

Act against corrupt, however powerful, without fear, Modi tells CBI

Act against corrupt, however powerful, without fear, Modi tells CBI

Rediff.com3 Apr 2023

There is no dearth of political will today to act against corruption and officers should take action against the corrupt, however powerful, without any hesitation, Prime Minister Narendra Modi said on Monday.

IIIT-B and Bavarian institute sign MoU

IIIT-B and Bavarian institute sign MoU

Rediff.com3 Nov 2006

Both the institutions will take up common academic programmes, initiate joint research and exchange students.

Bavarian Minister woos Indian traders

Bavarian Minister woos Indian traders

Rediff.com2 Nov 2006

Indian businessmen would succeed in the European market due to the region's high per capita income and purchasing capacity, Bavarian Minister for Economic Affairs, Infrastructure, Transport and Technology, Erwin Huber said on Thursday. \n

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

Rediff.com2 May 2022

Prime Minister Narendra Modi said on Monday that the partnership between India and Germany could serve as an example of success in a complex world as the two sides inked several agreements focused on sustainable development under which India would receive USD 10.5 billion assistance by 2030 to boost the use of clean energy.

Few things that affected China's economic growth so far

Few things that affected China's economic growth so far

Rediff.com28 Oct 2015

China's major economic problem has been that its heartland is an agricultural region with about one-third of the arable land per person as the rest of the world.

New crypto Bill to be introduced after Cabinet nod: Sitharaman

New crypto Bill to be introduced after Cabinet nod: Sitharaman

Rediff.com30 Nov 2021

Finance Minister Nirmala Sitharaman on Tuesday said the government is working out a new Bill on cryptocurrency which will be placed in the ongoing session of Parliament after approval of the Union Cabinet. The ongoing winter session is scheduled to end on December 23. Replying to a series of questions in the Rajya Sabha, she said the new Bill takes into account the rapidly changing dimensions in virtual currency space, and incorporate features of the earlier Bill that could not be taken up.

India first, citizen first, says Modi ahead of Budget Session

India first, citizen first, says Modi ahead of Budget Session

Rediff.com31 Jan 2023

"The ray of hope being seen by the world will glow brighter -- for this, I firmly believe the finance minister will make all efforts to meet these aspirations," Modi said.

Govt nod to OVL buying UK co

Govt nod to OVL buying UK co

Rediff.com9 Dec 2008

A meeting of the Cabinet Committee on Economic Affairs was specially convened this morning to consider OVL's Imperial bid, as Tuesday is the last date for making the offer to the target company's shareholders. Prime Minister Manmohan Singh chaired the meeting that had just one agenda and lasted one-and-half hours, but no official word was available.

CCEA to discuss petro profit sharing on Thu

CCEA to discuss petro profit sharing on Thu

Rediff.com12 Mar 2003

Cabinet Committee on Economic Affairs would on Thursday discuss the proposals of the petroleum ministry on the states' claim to share profit on petroleum under production sharing contract signed under New Exploration Licence Policy.\n\n\n\n

Finmin pins hope on vaccine drive for robust recovery in services sector

Finmin pins hope on vaccine drive for robust recovery in services sector

Rediff.com11 Feb 2021

FY22 will be the year to rebuild with the IMF projecting output growth at 11.5 per cent, economic survey at 11.0 per cent and the RBI's Monetary Policy Committee at 10.5 per cent.

India led G20 very well to date, but...: US

India led G20 very well to date, but...: US

Rediff.com3 Mar 2023

India as the G20 host has a 'unique role' to play in bringing about an end to the war in Ukraine due to its 'longstanding historical' ties to Russia, the United States has said, expressing hope to work closely with New Delhi to find a way to stop the conflict.

Sharif meets US Secretary of State Kerry, talks counterterrorism

Sharif meets US Secretary of State Kerry, talks counterterrorism

Rediff.com21 Oct 2013

Visiting Pakistan Prime Minister Nawaz Sharif on Monday met United States Secretary of State John Kerry and discussed a wide range of bilateral and regional issues, the state department said.

Why Is The Congress Afraid?

Why Is The Congress Afraid?

Rediff.com22 May 2023

Why weren't the chief ministers of Andhra Pradesh, Goa, Kerala, Maharashtra and Telangana -- all of which have borders with Karnataka -- not invited to Saturday's swearing-in ceremony, asks Shyam G Menon.

Friendship can solve any problem: Bangladesh PM during India visit

Friendship can solve any problem: Bangladesh PM during India visit

Rediff.com6 Sep 2022

Hasina said her talks with Modi would focus on improving the condition of the people in their respective countries, poverty alleviation and economic development.

ICC's revenue distribution model is flawed: Atherton

ICC's revenue distribution model is flawed: Atherton

Rediff.com15 May 2023

Former England skipper Michael Atherton said that despite ICC's profit-sharing model being flawed, it wouldn't face any pushback.

President, VP & Governors get 300 pc pay hike

President, VP & Governors get 300 pc pay hike

Rediff.com11 Sep 2008

The government has enhanced the emoluments of the President, the Vice President and governors to Rs 1.5 lakh, Rs 1.25 lakh and Rs 1.10 lakh respectively. The Cabinet secretary and defence chiefs too have been given substantial increments.

Rajapaksa given entry on private visit, no asylum request: Singapore

Rajapaksa given entry on private visit, no asylum request: Singapore

Rediff.com14 Jul 2022

A Saudi airlines flight -- SV 788 -- carrying Rajapaksa landed at the Singapore Changi International Airport shortly after 7 pm (local time).

Why the team for Budget 2019 will be different

Why the team for Budget 2019 will be different

Rediff.com20 Nov 2018

Finance Secretary Hasmukh Adhia vacates his post on November 30 and Expenditure Secretary Ajay Narayan Jha, the second seniormost bureaucrat in the finance ministry, retires on January 31, the day before Jaitley presents the 2019-20 interim budget.

Taliban cleric Sheikh Rahimullah Haqqani killed in blast in Kabul

Taliban cleric Sheikh Rahimullah Haqqani killed in blast in Kabul

Rediff.com12 Aug 2022

Taliban cleric Sheikh Rahimullah Haqqani was killed in a blast which occured in Afghanistan's Kabul on Thursday, local media reported.

Major changes in finance ministry after Budget

Major changes in finance ministry after Budget

Rediff.com10 Jan 2017

Three key babus will make room for a new set of officers to carry the baton of Budget programmes.

US's 5th gen supersonic F-35 makes debut at Aero India

US's 5th gen supersonic F-35 makes debut at Aero India

Rediff.com13 Feb 2023

The US Air Force's (USAF) two newest fifth-generation supersonic multirole F-35A aircraft made a historic debut at Aero-India here on Monday, drawing strong interest and adding lustre to the five-day marquee event.

CIA asked Dutch govt not to act against A Q Khan

CIA asked Dutch govt not to act against A Q Khan

Rediff.com9 Sep 2005

The country's security agency, BVD, had also asked the ministry of economic affairs in 1975, then headed by him, not to act against Khan.

FinMin advances Budget preparation by over 2 months

FinMin advances Budget preparation by over 2 months

Rediff.com18 Aug 2015

Traditionally, the Budget making exercise begins from mid-October.

Jaishankar, Qin Gang discuss means to resolve border row in Goa meet

Jaishankar, Qin Gang discuss means to resolve border row in Goa meet

Rediff.com5 May 2023

The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.

From North Block to Mint Street, Shaktikanta Das has traversed a long way

From North Block to Mint Street, Shaktikanta Das has traversed a long way

Rediff.com11 Dec 2018

From defending the shock announcement of demonetisation to spearheading the remonetisation drive that included the cumbersome process of printing and supplying new Rs 500 and Rs 2,000 notes, his calm composure brought a sense of serenity to an otherwise chaotic situation.

India hits out at OIC's Kashmir remark, says it reeks of bigotry

India hits out at OIC's Kashmir remark, says it reeks of bigotry

Rediff.com5 Aug 2022

In a strong reaction, external affairs ministry spokesperson Arindam Bagchi said such statements only expose the OIC as an organization devoted to a "communal agenda being pursued through terrorism".

PSUs likely to invest in MFs

PSUs likely to invest in MFs

Rediff.com17 May 2007

The Cabinet Committee on Economic Affairs will discuss the proposal to lift the ban on state-owned companies from investing in mutual funds in its weekly meeting on Thursday.

CCEA defers decision on petro profit sharing

CCEA defers decision on petro profit sharing

Rediff.com13 Mar 2003

The Cabinet Committee on Economic Affairs deferred on Thursday a decision on sharing royalty earned from oil output with states.\n\n

Mid-Day Meal is now PM POSHAN, to cover pre-primary students

Mid-Day Meal is now PM POSHAN, to cover pre-primary students

Rediff.com30 Sep 2021

The Union cabinet on Wednesday approved the roll-out of the 'PM POSHAN in Schools' scheme that will provide hot cooked meal to students of elementary classes in government and government-aided schools across the country.

With 268 seats in non-BJP states, how will 2024 pan out?

With 268 seats in non-BJP states, how will 2024 pan out?

Rediff.com21 May 2021

Elections 2024 is not as open and shut as has been presumed. There is some life left in it, observes N Sathiya Moorthy.

The Remarkable Life And Legacy Of Oommen Chandy

The Remarkable Life And Legacy Of Oommen Chandy

Rediff.com22 Jul 2023

'Oommen Chandy always had time for his people and valued their voices.' 'There was no rest for him as long as the betterment of his fellow citizens was at stake.' Ambassador Venu Rajamony, who knew the former Kerala chief minister for half a century, salutes a beloved leader who worked tirelessly for the welfare of its people.

Sri Lanka plunges into 10-hour daily power cut as fuel crisis worsens

Sri Lanka plunges into 10-hour daily power cut as fuel crisis worsens

Rediff.com30 Mar 2022

All essentials are in short supply due to import restrictions forced by the forex crisis.

Trauma centres to dot Golden Quadrilateral

Trauma centres to dot Golden Quadrilateral

Rediff.com14 Dec 2007

Setting up of the network will ensure that each accident victim on these corridors is able to get medical assistance in time. In fact, the draft policy on road safety, which the Ministry for Road Transport and Highways is currently finalising, also carries a proposal on the same lines.

'Rahul Gandhi is a big reason for Congress debacle'

'Rahul Gandhi is a big reason for Congress debacle'

Rediff.com25 May 2023

'Somehow, Rahul Gandhi is not able to connect with the youth of the country.' 'While Modiji is 72, Rahul is only 52.' 'But the popularity of the prime minister among the young population is a lot more than Rahul's.'

When Pakistan Was Keen On A Kashmir Solution

When Pakistan Was Keen On A Kashmir Solution

Rediff.com3 May 2023

Manmohan Singh and Musharraf felt that what they were embarking upon, if successful, could lead to a future of boundless potential for the two countries and for the relationship that was hard to foresee from the prism of the existing situation and the historical position and orthodox ideas on both sides.

'China-Pak relations are not hunky-dory'

'China-Pak relations are not hunky-dory'

Rediff.com24 Nov 2006

There are contradictions in that relationship too.