News for 'austerity'

In Congress, no austerity for ticket-seekers

In Congress, no austerity for ticket-seekers

Rediff.com15 Sep 2009

With political activity hotting up for the assembly elections in Haryana and Maharashtra, where the Congress is currently in power, ticket aspirants are making a beeline for all the important addresses in the capital.

'Who knows, the war would have taken a different turn, maybe!'

'Who knows, the war would have taken a different turn, maybe!'

Rediff.com15 Jul 2022

'The simultaneous fire from so many guns rained down on the enemy and pulverised them, a sight I can never forget till my last breath.'

Rahul Gandhi's expectations from wife: 'A loving person who is intelligent'

Rahul Gandhi's expectations from wife: 'A loving person who is intelligent'

Rediff.com23 Jan 2023

Viewed as India's most eligible bachelor by some, Congress leader Rahul Gandhi says he'll get married when the right girl comes along and part of the problem is that his parents' "really lovely marriage" has set the bar very high.

To trim finances, govt goes on austerity drive

To trim finances, govt goes on austerity drive

Rediff.com12 Jul 2011

The ministry asked all departments to cut avoidable expenditure, including seminars and conferences at five-star hotels and abroad, purchase of new vehicles, foreign travel and appointment of consultants.

In Messi's hometown, hope builds ahead of World Cup final

In Messi's hometown, hope builds ahead of World Cup final

Rediff.com17 Dec 2022

Messi's image is everywhere, adorning the sides of buildings.

Imran seeks better ties with US, retracts 'American plot behind ouster' claim

Imran seeks better ties with US, retracts 'American plot behind ouster' claim

Rediff.com14 Nov 2022

In an interview with the Financial Times following an assassination attempt this month, Khan said he no longer 'blamed' the US and wants a 'dignified' relationship if re-elected.

Countries need to focus on growth now, austerity next

Countries need to focus on growth now, austerity next

Rediff.com22 Feb 2013

The latest G20 communique prescribes falling back on fiscal policy to hasten the global economic recovery.

Chhath celebrated in Bihar amid Covid-19 pandemic

Chhath celebrated in Bihar amid Covid-19 pandemic

Rediff.com20 Nov 2020

Effects of the pandemic were all too stark as the rituals were performed with face masks on.

Govt calls for austerity steps to fight drought

Govt calls for austerity steps to fight drought

Rediff.com8 Sep 2009

Asks ministries to cut certain non-Plan expenditure by 10%.

American Louise Gluck wins Nobel Prize for Literature

American Louise Gluck wins Nobel Prize for Literature

Rediff.com8 Oct 2020

She is the first American to win the prestigious award since Bob Dylan was honored in 2016. Toni Morrison was the last American to receive the prize before him, winning in 1993.

Firms' austerity steps to hit event mgmt industry

Firms' austerity steps to hit event mgmt industry

Rediff.com2 Jan 2009

Big-ticket events are likely to witness a 50 per cent drop in 2009 as corporates have cut down on sponsorships and marketing spends.

The Lord of the Rings: The Rings of Power Review

The Lord of the Rings: The Rings of Power Review

Rediff.com5 Sep 2022

The Rings of Power has a visual distinction and vibe entirely of its own, observes Sukanya Verma.

Murthy's advice for start-ups: 'Be trustees of outsiders' money'

Murthy's advice for start-ups: 'Be trustees of outsiders' money'

Rediff.com4 Jun 2022

'Think of the poorest retail investor before you decide to go for an IPO'

PM inaugurates underground museum of freedom fighters in Mumbai

PM inaugurates underground museum of freedom fighters in Mumbai

Rediff.com14 Jun 2022

The gallery has come up in a British-era bunker, discovered in the Raj Bhavan campus in south Mumbai in August 2016 during the tenure of the then-Governor C Vidyasagar Rao.

When Modi Met The Pope

When Modi Met The Pope

Rediff.com30 Oct 2021

Prime Minister Narendra Modi meet Pope Francis, the head of the Catholic Church. for the first time. Although the meeting was scheduled for only 20 minutes, it went on for nearly an hour.

Mr FM: While you focus on austerity don't ignore these

Mr FM: While you focus on austerity don't ignore these

Rediff.com27 Feb 2013

Expectations that various sectors and the common man is eyeing in this budget.

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.

Chhattisgarh scraps tenders for new assembly building

Chhattisgarh scraps tenders for new assembly building

Rediff.com13 May 2021

In view of a surge in COVID-19 cases, the Chhattisgarh government on Thursday cancelled tenders for the construction of the new assembly building and also stopped work on major projects in the state.

India's economy projected to record stronger recovery in 2021: UNCTAD

India's economy projected to record stronger recovery in 2021: UNCTAD

Rediff.com18 Mar 2021

India's economy, estimated to contract by 6.9 per cent in 2020 due to the coronavirus pandemic, is forecast to record a "stronger recovery" in 2021 and grow by 5 per cent, according to a UN report which said the country's current fiscal year budget points to a shift towards demand-side stimulus, with an uptick in public investment. The report, 'Out of the frying pan ...Into the fire?' published Thursday as an update to the Trade and Development Report 2020 by UN Conference on Trade and Development (UNCTAD) said the global economy is set to grow by 4.7 per cent this year, faster than the 4.3 per cent predicted in September 2020, thanks in part to a stronger recovery in the US, where progress in distributing vaccines and a fresh fiscal stimulus of $1.9 trillion are expected to boost consumer spending.

Budget a booster shot for India, has ambition, resolution and innovation

Budget a booster shot for India, has ambition, resolution and innovation

Rediff.com2 Feb 2021

It was one of the toughest times in history to announce a budget, says Harsh Goenka, chairman of RPG Enterprises.

FMCG, consumer durables and auto sector may see fall in demand

FMCG, consumer durables and auto sector may see fall in demand

Rediff.com14 Feb 2022

The biggest headwind to the consumption story in FY23 is a sharp decline in government subsidies on food, fertiliser and fuel, and overall decline in revenue expenditure net of interest payments. This, analysts say, will adversely impact purchasing power of households at the lower end of the income pyramid, translating into lower spending on consumer goods and services.

Austerity steps to help Future Group save Rs 165cr

Austerity steps to help Future Group save Rs 165cr

Rediff.com1 Sep 2008

The group, which employs nearly 26,000 employees, plans to cut employee costs by one per cent, or Rs 65 crore (Rs 650 million), in the current year by redeploying people in its various businesses and reducing new hirings. "Instead of external hiring, we have redeployed a part of our people resources from our mature businesses to the new ventures," Future Group CEO Kishore Biyani said.

Imran Khan opts for simple oath ceremony, not to invite foreign leaders

Imran Khan opts for simple oath ceremony, not to invite foreign leaders

Rediff.com2 Aug 2018

The cricketer-turned-politician has opted against a fancy ceremony and will take his oath in a simple ceremony at Aiwan-e-Sadr (President House).

Prez takes 30% salary cut, puts off buying limo

Prez takes 30% salary cut, puts off buying limo

Rediff.com14 May 2020

Kovind has also decided to defer purchase of the Presidential Limousine which was to be used for ceremonial occasions. 'The existing resources of the Rashtrapati Bhavan and the government will be shared and used for such occasions,' a communique said.

Rorschach, Mammootty and the Unfeeling Indian Hero

Rorschach, Mammootty and the Unfeeling Indian Hero

Rediff.com10 Nov 2022

After a lifetime of showing us what it means to 'act at the top of one's bent and never hit a false note', Mammootty had the good sense, in the third act of his career, to pare down his style, become less mannered, draw directly from life. And getting a performer like that to play characters who seem 'completely dead inside', is, in my view, a betrayal of his legacy, his still-burning ambition, and his still-sharp feelers, observes Sreehari Nair.

NZC deputy CEO resigns amid 15 percent cut in workforce

NZC deputy CEO resigns amid 15 percent cut in workforce

Rediff.com3 Jun 2020

NZC chief executive David White had said it is looking to shed around 10 to 15 percent of its staff and save NZD 6 million in operation costs as it copes with the 'challenges' posed by the health crisis.

Cut spending: Pranab's recipe to stabilise economy

Cut spending: Pranab's recipe to stabilise economy

Rediff.com18 May 2012

Government may slash spending on foreign travel by ministers and officials and on meetings in five-star hotels as part of austerity measures to cut down on budget deficit in view of the tight economic situation.

7 MUST WATCH FILMS of 2021

7 MUST WATCH FILMS of 2021

Rediff.com25 Dec 2021

Some movies of 2021 excelled in content but yet, they did not do well.

No VIP protocol to 'influential people' at Pak airports

No VIP protocol to 'influential people' at Pak airports

Rediff.com27 Aug 2018

The interior ministry has directed the Federal Investigation Agency that no government official or other VIPs would be given protocol at airports.

COVID-19: Rajasthan defers salary of CM, ministers

COVID-19: Rajasthan defers salary of CM, ministers

Rediff.com1 Apr 2020

Functioning in several departments related to revenue collection has also been affected. Revenue collection has reduced by Rs 17,000 crore in March.

All you need to know about the Greek crisis

All you need to know about the Greek crisis

Rediff.com30 Jun 2015

Will Greece manage to pay euro 1.5 billion to IMF?

Modiji, A Sure Shot Way To Win 2024

Modiji, A Sure Shot Way To Win 2024

Rediff.com12 May 2022

Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.

Air India pilots warn of 'industrial action' over wage cut

Air India pilots warn of 'industrial action' over wage cut

Rediff.com24 Dec 2020

Divestment-bound Air India's pilot unions have rejected the paltry five per cent rollback in their salary cuts and warned of "industrial action" if there is no "substantial" reversal in their paycuts. In a joint letter to Air India chairman and managing director Rajiv Bansal on Thursday, the Indian Pilots' Guild (IPG) and the Indian Commercial Pilots Association (ICPA) said, "(The) pittance in the form of a five per cent decrease in the current wage cut is an outright insult, its sting magnified in light of our unwavering support and trust in this company." They said this "generosity" amounts to a reduction of about 3 per cent in the current gross pay cut for pilots. In April, Air India had reduced its pilots' salary by up to 70 per cent to partially offset the impact of the coronavirus pandemic on its finances.

PHOTOS: How Greece is fighting the financial crisis

PHOTOS: How Greece is fighting the financial crisis

Rediff.com19 Jun 2015

Euro zone leaders will hold an emergency summit on Monday.

The Many Faces of a Sanjay Leela Bhansali Heroine

The Many Faces of a Sanjay Leela Bhansali Heroine

Rediff.com24 Feb 2022

Gentle, fiery, magnanimous or disadvantaged, there are many faces of the Bhansali heroine. Sukanya Verma looks at every single one.

7 tips for achieving financial security

7 tips for achieving financial security

Rediff.com30 Aug 2010

Every cloud has a silver lining. The recent global economic slowdown too has reinforced the virtues of austerity. But you don't have to wait for that big stock market crash or the next big bank to go kaput to strengthen your financial immunity. Here are some tips to help you ensure your finances stay strong come hail or high waters...

'Saira was more beautiful than I thought'

'Saira was more beautiful than I thought'

Rediff.com12 Jul 2021

'She had indeed grown to full womanhood and was in reality more beautiful than I thought she was.'

Tharoor's statement was a joke, says PM

Tharoor's statement was a joke, says PM

Rediff.com18 Sep 2009

Prime Minister Manmohan Singh sought to downplay the comments of Minister of State for External Affairs Shashi Tharoor on austerity on Twitter saying "it was a joke".

Drought: Sonia asks MPs, MLAs to take a salary cut

Drought: Sonia asks MPs, MLAs to take a salary cut

Rediff.com19 Aug 2009

In the backdrop of the drought situation across India, the Congress and the United Progressive Alliance government on Wednesday planned to go on an austerity mode, with party chief Sonia Gandhi asking her Members of Parliament and Members of Legislative Assembly to accept a 20 per cent cut in salaries for a year. During the meeting of the Congress Working Committee, Sonia Gandhi asked partymen and the government to observe austerity measures.

No 'vulgar' salaries please, Khurshid to India Inc

No 'vulgar' salaries please, Khurshid to India Inc

Rediff.com5 Oct 2009

The issue regarding remuneration of company CEOs will be debated by the parliamentary standing committee.