News for 'State for Micro'

Amid farmers' stir, Modi flags off 100th 'Kisan Rail' service

Amid farmers' stir, Modi flags off 100th 'Kisan Rail' service

Rediff.com28 Dec 2020

During his address after flagging off the train via video-conferencing, Modi said his government's policies are clear and intentions transparent in reforming the agriculture sector.

'Man mission to space to have 3 members; will be in space for 5-7 days'

'Man mission to space to have 3 members; will be in space for 5-7 days'

Rediff.com28 Aug 2018

India will be the fourth country after the United States, Russia and China to send humans to space.

Millions of job at stake, apparel exporters hit panic button

Millions of job at stake, apparel exporters hit panic button

Rediff.com4 Apr 2020

Even as the industrial cycle has ground to a halt during the 21-day lockdown, the industry has been hit hard by foreign orders from major clients in the US and Europe being cancelled. Also, a sudden lack of labour has crippled the sector because of a mass exodus of workers from industrial units to the hinterland.

Maharashtra reels under Rs 60,000 cr watershed failure

Maharashtra reels under Rs 60,000 cr watershed failure

Rediff.com21 Mar 2013

A large part of Maharashtra has been declared drought-hit. The government has failed to deal with the crisis, report Aparna Pallavi and Akshay Deshmane.

PM Modi to address nation on Tuesday, last day of 3-week lockdown

PM Modi to address nation on Tuesday, last day of 3-week lockdown

Rediff.com13 Apr 2020

The prime minister is likely to talk about its possible extension.

Modi's 5-year vision: What's it all about

Modi's 5-year vision: What's it all about

Rediff.com13 Jan 2020

Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.

FDI in retail would help farmers: Ravi

FDI in retail would help farmers: Ravi

Rediff.com17 Sep 2012

The minister gave an example of how in Kochi, the commercial capital of Kerala, there are shopping complexes and retail stores, but the blooming of such stores had no negative impact on the farmers and traders.

How Banerjee-Duflo's economic theory is relevant for India

How Banerjee-Duflo's economic theory is relevant for India

Rediff.com15 Oct 2019

For Duflo and Banerjee, an important part of their work has been ensuring that the agency of the "beneficiaries" -- usually, in developing countries like India, poorer individuals -- is put at the centre of any policy design. This is a crucial way in which experimental results are often better than large scale data-based inference, says Mihir S Sharma.

What CMs told PM Modi during video meet on COVID-19

What CMs told PM Modi during video meet on COVID-19

Rediff.com12 May 2020

While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy

RBI urges PSBs to take steps to increase credit growth

RBI urges PSBs to take steps to increase credit growth

Rediff.com3 Mar 2020

Bank credit growth declined to 8.5 per cent in January from 13.5 per cent in the year-ago period.

'Swadeshi' goods: Paramilitary canteens put procurement on hold '

'Swadeshi' goods: Paramilitary canteens put procurement on hold '

Rediff.com20 May 2020

The Union home ministry on May 13 had declared that these canteens will only sell indigenous or "swadeshi" products from June 1 in a bid to give fillip to domestic industries.

China's battle against COVID-19 major strategic achievement: Xi

China's battle against COVID-19 major strategic achievement: Xi

Rediff.com30 Apr 2020

China's National Health Commission on Thursday said the country reported only four new confirmed COVID-19 cases on Wednesday, taking the total number to 82,862, while no death due to the disease was registered. The virus has claimed 4,633 lives in the country.

Highlights of Union Budget 2021-22

Highlights of Union Budget 2021-22

Rediff.com1 Feb 2021

Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.

Mamata Banerjee turns saree designer to revive ailing 'Tantuja'

Mamata Banerjee turns saree designer to revive ailing 'Tantuja'

Rediff.com31 Oct 2013

Bengal's ailing handloom brand 'Tantuja' is all set to get the personal touch of West Bengal Chief Minister Mamata Banerjee who will design the six yard wonder.

FM to meet all bank heads on Monday to discuss NBFC crisis

FM to meet all bank heads on Monday to discuss NBFC crisis

Rediff.com3 Aug 2019

Credit to priority sectors as well as small and medium industries will be discussed to find ways to accelerate economic growth.

When an American professor worked at the RBI...

When an American professor worked at the RBI...

Rediff.com10 Aug 2020

'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.

'Amazon has an outsize impact on India'

'Amazon has an outsize impact on India'

Rediff.com3 Jul 2021

'We are having an outsize impact not only on the lives of the customers and livelihood, but also the economy of India.'

How GST 'killed' Tirupur, once a vibrant textile town

How GST 'killed' Tirupur, once a vibrant textile town

Rediff.com3 Jul 2018

Most industry players in Tirupur feel that though the idea of GST is good, the problems are largely due to its poor implementation. Refund delays, withdrawal of incentive schemes make Made-in-Tirupur products costlier by 10-15 per cent, say entrepreneurs.

Is anyone using the loan moratorium?

Is anyone using the loan moratorium?

Rediff.com22 Jun 2020

'Banks have to be braver, willing to take more risks and give confidence to the customer,' observes Joydeep Ghosh.

What Modi needs to do about jobs

What Modi needs to do about jobs

Rediff.com18 Jul 2016

If the country is to meet its jobs and income challenge, there has to be a parallel focus on jobs in the formal sector.

Meet Shah's minders tasked with ensuring BJP's victory

Meet Shah's minders tasked with ensuring BJP's victory

Rediff.com14 Jan 2019

After the BJP lost the recent assembly polls, one of Shah's first acts was to appoint new prabharis before the Lok Sabha election. Radhika Ramaseshan reports on the significance of this post that doesn't exist in the BJP's constitution.

India rejects Trump's Afghanistan library jibe at PM

India rejects Trump's Afghanistan library jibe at PM

Rediff.com3 Jan 2019

The sources said India may be building small libraries as part of the community development initiative, but most of its investments in Afghanistan were on mega infrastructure projects including the 218 km road from Zaranj to Delaram, the Salma Dam and the new Afghan Parliament building.

Sitharaman readies relief package for MSMEs, NBFCs

Sitharaman readies relief package for MSMEs, NBFCs

Rediff.com15 Oct 2019

PSBs have been requested to reach out to MSMEs to provide bill discounting to them against their dues since they suffer the most from shortage of cash.

WATCH: India's UN envoy extends 'hand of friendship' to Pak

WATCH: India's UN envoy extends 'hand of friendship' to Pak

Rediff.com17 Aug 2019

'Stop terror, start talks. Let us wait for a response on that from the Pakistani side'

Maharashtra, TN account for 50% of active COVID-19 cases: Govt

Maharashtra, TN account for 50% of active COVID-19 cases: Govt

Rediff.com15 Jul 2020

The health ministry said that 86 per cent of the total active cases were recorded in 10 states of the country.

The sour notes in Hillary's South Asia trip

The sour notes in Hillary's South Asia trip

Rediff.com11 May 2012

US Secretary of State Hillary Clinton ruffled a couple of sensitive feathers while on her otherwise successful South Asian tour.

Nuclear-capable Agni-IV missile successfully test-fired

Nuclear-capable Agni-IV missile successfully test-fired

Rediff.com23 Dec 2018

Describing the trial as a "complete success", they said all mission objectives were met during the test-fire. All radars, tracking systems and range stations tracked and monitored the flight performance of the missile, which was launched with support of a mobile launcher.

How NBFC-MFIs managed to raise 26,200 crore in securitisation deals in FY19

How NBFC-MFIs managed to raise 26,200 crore in securitisation deals in FY19

Rediff.com22 Apr 2019

One of the factors behind the rise in securitisation deals was State Bank of India's (SBI) decision to buy portfolio worth Rs 45,000 crore from NBFCs

Will gold loans lose sheen?

Will gold loans lose sheen?

Rediff.com5 Apr 2021

While taking gold out of the closet to borrow money is no longer taboo in Indian households, the sharp drop in gold prices is hitting the newest loan product on the banking turf hard, explains Tamal Bandyopadhyay.

'Detect every probable COVID-19 case'

'Detect every probable COVID-19 case'

Rediff.com26 Apr 2020

'If done well, the containment measures can help minimise the impact of the epidemic.'

Andhra governor meets Sonia in Delhi

Andhra governor meets Sonia in Delhi

Rediff.com30 Oct 2010

Andhra Pradesh Governor ESL Narasimhan met Congress president Sonia Gandhi on Friday evening to reportedly discuss the administrative and political situation in the state.The two discussed the expansion of the state cabinet, the ordinance on micro-finance institutions, trimming the administration and preparing for political developments after the Justice Sri Krishna Committee submits its report on the creation of Telangana state.

Modi needs to listen to good advice

Modi needs to listen to good advice

Rediff.com21 Jul 2020

Listening -- really listening -- to advisers in the government and outside would help. India has plenty of wise economists who have worked within the bureaucracy during previous crises, points out Rahul Jacob.

'BJP wants to treat labour like animals'

'BJP wants to treat labour like animals'

Rediff.com13 May 2020

'COVID-19 is just an excuse to pass anti-labour laws.'

With draft rules India takes first step to drone deliveries

With draft rules India takes first step to drone deliveries

Rediff.com6 Jun 2020

India took the first step towards legalising drones by officially publishing draft rules for drone operations in the Official Gazette on Friday. The rules, termed The Unmanned Aircraft System Rules, 2020, are open for public consultation for 30 days.

Many MPs not keen to donate funds to PM CARES

Many MPs not keen to donate funds to PM CARES

Rediff.com2 Apr 2020

Many feel that the money from their MPLADS should go directly to a district hospital in their respective constituencies rather than a central fund like PM CARES. Archis Mohan reports.

How India can realise its true potential

How India can realise its true potential

Rediff.com5 Jan 2021

Sanjeev Nayyar offers a roster of things to do to see the India of our dreams.

COVID-19 to accelerate digital adoption in India: Morgan Stanley

COVID-19 to accelerate digital adoption in India: Morgan Stanley

Rediff.com27 May 2020

India's total online shopper base at 30 per cent of its internet population is low when compared with 78 per cent in China and 70-plus per cent in the US.

G-20 announces $5 trillion to deal with Covid crisis

G-20 announces $5 trillion to deal with Covid crisis

Rediff.com27 Mar 2020

The G-20 leaders under the chairmanship of Saudi Arabia's King Salman held an extraordinary video conference in which they resolved to use all available policy tools to minimise the economic and social damage from the pandemic that has killed over 21,000 people and infected more than 470,000 globally.

OECD raises prospects for global GDP, cuts it for India

OECD raises prospects for global GDP, cuts it for India

Rediff.com17 Sep 2020

While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent.