News for 'austerity'

1971 War: A brave Dakota pilot's contribution

1971 War: A brave Dakota pilot's contribution

Rediff.com14 Jun 2021

'We flew all missions in the first part of the war at low levels; that is at 300 to 500 feet above the ground.' 'These sorties were no doubt stressful since the pilots and crew had to look out for birds and obstructions as well as enemy gunfire.'

Spain's football success helps erase economic woes

Spain's football success helps erase economic woes

Rediff.com10 Jul 2010

Spain's unprecedented success at the World Cup finals is helping people forget the country's economic woes, captain Iker Casillas said on Friday.

Greece to get a 110-billion euro bailout package

Greece to get a 110-billion euro bailout package

Rediff.com3 May 2010

The finance ministers of 16 nations that use the euro Sunday night sealed a 110-billion euro bailout package for heavily indebted Greece over three years after the country's government agreed to a new round of tough austerity measures.

The Kerala minister who's fighting for states in GST Council

The Kerala minister who's fighting for states in GST Council

Rediff.com23 Oct 2020

Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.

Air travel on entitlement basis now: FinMin

Air travel on entitlement basis now: FinMin

Rediff.com23 Mar 2010

On September 7, 2009, the government had instructed all its departments not to travel first class within or outside the country on government account.

10 things about Jeremy Corbyn that will surprise you

10 things about Jeremy Corbyn that will surprise you

Rediff.com9 Jun 2017

Jeremy Corbyn is a most unusual politician in these times.

Special: Pay control will corrupt corporates

Special: Pay control will corrupt corporates

Rediff.com12 Oct 2009

Affluent politicians in India are obviously upset with what the affluent corporate Indian is permitted to legitimately take home as a pay package.

Downturn: Only slight dip in CEOs' salary

Downturn: Only slight dip in CEOs' salary

Rediff.com29 Sep 2009

Exorbitant executive pay packets have come under fire from different quarters internationally, with many even blaming the practice for the ongoing financial turmoil.

From raja to praja:Jyotiraditya's likely role in BJP

From raja to praja:Jyotiraditya's likely role in BJP

Rediff.com29 Mar 2020

They will fawn over a prize catch who has brought a rich dowry of Gwalior-Chambal politicians. But in the end, all BJP members are prajas of Amit Shah and Narendra Modi, notes Sunanda K Datta-Ray.

Remembering Sunder Navalkar

Remembering Sunder Navalkar

Rediff.com14 Apr 2021

Sunder Navalkar devoted her whole life to the cause of workers' rights, remembers Sanober Keashwaar.

Spotted an extravagant politician? Snap him!

Spotted an extravagant politician? Snap him!

Rediff.com11 Sep 2009

If you spot a politician or civil servant seen to be violating the austerity guidelines, why don't you shoot a photograph and/or video and send it to us? We shall post the best images and videos on rediff.com

CBI chief among VIPs at diamond merchant's wedding

CBI chief among VIPs at diamond merchant's wedding

Rediff.com8 Dec 2009

Congress president Sonia Gandhi may advocate austerity in these tough times but not everyone shares her enthusiasm for tightening the belt, it seems.Certainly not Ashwini Kumar, director of the Central Bureau of Investigation, who was flown in a chartered flight to Surat for the November 29 wedding of Shreyansh Govind Dholakia.The Dholakias are well-known diamond brokers from Surat with offices all over the world.

Govt officials are grumbling over foreign travel memo

Govt officials are grumbling over foreign travel memo

Rediff.com17 Aug 2016

Many argue there's a mismatch between Prime Minister Narendra Modi's focus on international exposure and his government's diktat to officials on limiting travel.

An interview with Shashi Tharoor

An interview with Shashi Tharoor

Rediff.com17 Oct 2009

Minister of State for External Affairs Shashi Tharoor has learnt that humour has no place in Indian politics. George Joseph meets the newly-cautious Tharoor, and finds out why the satirical novelist enjoys being part of the Indian government.

How deleveraging affects economy

How deleveraging affects economy

Rediff.com23 Apr 2014

During deleveraging the income falls more than reduction in debt due to the austerity measures.

Economy: Russian Prez paints a grim picture

Economy: Russian Prez paints a grim picture

Rediff.com25 May 2009

Presenting his first budget policy before the government of Prime Minister Vladimir Putin, Medvedev said for the first time in a decade Russia would be spending more than its revenue.

Open Source can help India save Rs 10,000 crore

Open Source can help India save Rs 10,000 crore

Rediff.com22 Sep 2009

By replacing just 50 per cent of proprietary software with open source in desktops and servers in 2010, India can save close to Rs 10,000 crore.

Should Tharoor sign out of Twitter? Tell us

Should Tharoor sign out of Twitter? Tell us

Rediff.com18 Sep 2009

Tharoor has nearly 175,000 followers on Twitter. An account that he started when he launched his election campaign now may now cost him dear as voices urging him to log off Twitter keep getting louder by the day.

FM seeks up to 10% cut in expenses

FM seeks up to 10% cut in expenses

Rediff.com16 Sep 2009

Determined to imbibe austerity in its policies, the government has asked various departments to scrap or downsize expenses on insignificant activities by up to 10 per cent when they submit proposals for Budget 2010-11.

Maran flies economy, frequent flier Raja upgraded

Maran flies economy, frequent flier Raja upgraded

Rediff.com16 Sep 2009

The Dravida Munnetra Kazhagam, partner in the United Progressive Alliance government, has also adopted austerity as its slogan with its Union minister Dayanidhi Maran on Wednesday travelling by economy class of an Air India flight from Chennai to New Delhi

A minister's travel expense? It's Rs 2 crore

A minister's travel expense? It's Rs 2 crore

Rediff.com15 Sep 2009

A relevant question that needs to be answered is what actually triggered the Manmohan Singh government's austerity move?

Krishna not to use private plane for visits abroad

Krishna not to use private plane for visits abroad

Rediff.com13 Sep 2009

In view of the government's austerity drive, Union External Affairs Minister S M Krishna on Sunday decided to forego travel by private aircraft which he is entitled to use on visits abroad and said he will go by commercial flights.

Perks cut for babus: Pranab clarifies

Perks cut for babus: Pranab clarifies

Rediff.com11 Sep 2009

Finance Minister Pranab Mukherjee on Friday sought to downplay the controversy over austerity measures that had kicked up a row in the cabinet meeting on Thursday saying it could be due to some misunderstanding.

I can't travel economy class: Pawar

I can't travel economy class: Pawar

Rediff.com11 Sep 2009

The UPA government's drive has come under some questioning from an ally with a mind of its own.

Krishna, Tharoor to give up five-star comforts

Krishna, Tharoor to give up five-star comforts

Rediff.com8 Sep 2009

External Affairs Minister S M Krishna and his deputy Shashi Tharoor are ready to vacate their luxury hotel rooms following Finance Minister Pranab Mukherjee's call for austerity.

Don't blame the government for Ram Rahim Singh

Don't blame the government for Ram Rahim Singh

Rediff.com28 Aug 2017

'Insulting the law, instigating violence, living ostentatiously and preaching godliness?' 'This vulgar hypocrisy needs peoples' rejection and a revolt.' 'If people can't speak out, then it will be a hypocrisy that they expect the government to act and speak for them,' says Tarun Vijay.

Gold inches up on jewellers buying, global cues

Gold inches up on jewellers buying, global cues

Rediff.com6 Jul 2015

Silver met with resistance and fell by Rs 200 to Rs 36,000 per kg.

Greek assets sell off after 'No' vote

Greek assets sell off after 'No' vote

Rediff.com6 Jul 2015

The Greek stock market has been shut since last week.

African cricket's decade of mismanagement and missed opportunities

African cricket's decade of mismanagement and missed opportunities

Rediff.com6 Dec 2019

For Africa's Test-playing nations, administrative turmoil has defined the dying days of the 2010s.

Covid-19 leads to India's only quinine factory being revived

Covid-19 leads to India's only quinine factory being revived

Rediff.com17 Apr 2020

Perched in the hills of Darjeeling, the factory was set up in 1874, but has remained shut since 2001. Efforts to reopen the colonial era establishment are now on a war footing.

No caviar, costly biscuits on PM's jet

No caviar, costly biscuits on PM's jet

Rediff.com24 Sep 2009

Staff on Air India One, the Prime Minister's official aircraft, was reportedly given advance instructions to trim the contents on offer in the official menu.

No caviar, costly biscuits on Air India One

No caviar, costly biscuits on Air India One

Rediff.com23 Sep 2009

News is already out that the Prime Minister Manmohan Singh's delegation has been pruned for his trip to Pittsburgh. The staff on Air India One, the prime minister's official aircraft, were reportedly given advance instructions to trim the contents on offer in the official menu. The staff did not serve expensive biscuits and eliminated caviar, but in a concession to the media accompanying the delegation, served all those on board the choicest of liquor en route to Frankfurt.

Centre spent Rs 93 crore for renovating MPs' homes

Centre spent Rs 93 crore for renovating MPs' homes

Rediff.com20 Sep 2009

While austerity is the current fad, the United Progressive Alliance government has splurged over Rs 93 crore in the last five years on renovation and maintenance of the sprawling bungalows of ministers and Members of Parliament, in the posh Lutyen's zone. In reply to a Right To Information query filed by a resident of Mumbai, Chetan Kothari, it was revealed by the government that in the last five years, an expenditure of Rs 93.53 crore has been incurred.

Exclusive Interview/Minister of State for External Affairs Shashi Tharoor

Exclusive Interview/Minister of State for External Affairs Shashi Tharoor

Rediff.com10 Sep 2009

'It's a rare privilege, within a matter of months, I have changed my residence, my profession, my daily thrust of work, and it's in some ways quite invigorating,' Shashi Tharoor, minister of state for external affairs, tells Aziz Haniffa in an exclusive interview.

Ramadoss will attend say AAPI leaders

Ramadoss will attend say AAPI leaders

Rediff.com19 Jun 2008

On tap to keynote the 26th annual Convention of the American Association of Physicians of Indian Originarguably the largest and most influential ethnic professional organization in the United Statesin Las Vegas next week, is Indian Health Minister Dr Anbumani Ramadoss, who AAPI leaders say has confirmed he will attend despite rumors to the contrary because of Prime Minister Manmohan Singh's austerity drive discouraging his ministers from foreign travel.

Greek 'no': Losses but no panic for euro zone shares

Greek 'no': Losses but no panic for euro zone shares

Rediff.com6 Jul 2015

Banks bore the brunt of the sell-off.

CPM objects to minister staying in 5-star hotel

CPM objects to minister staying in 5-star hotel

Rediff.com4 Dec 2009

The Communist Party of India-Marxist on Friday raised in the Lok Sabha the issue of Minister of State for Tourism Sultan Ahmed staying in a five-star hotel for six months and questioned who would foot the bill of Rs 37 lakh.

India is in a financial mess

India is in a financial mess

Rediff.com19 Aug 2020

'In a serious fiscal situation like this, an ostrich-like focus on annual budgeting, event management and defensive rhetoric will only make matters worse,' warns Rathin Roy.

Cricket Boards brace for losses in the time of coronavirus

Cricket Boards brace for losses in the time of coronavirus

Rediff.com20 Mar 2020

A shorter tournament will mean a smaller share from the shrunken central pool of revenues for the eight IPL franchises, not to mention a reduction in gate receipts. Cricket Australia stands to lose some A$300 million ($174 million) should the coronavirus outbreak derail their high-profile home test series against India later this year.

Why bankers are cold to Modi's Main Bhi Chowkidar campaign

Why bankers are cold to Modi's Main Bhi Chowkidar campaign

Rediff.com27 Mar 2019

AIBOC in a letter to the Prime Minister, has said the government should not expect the banking fraternity to "join the political campaign of #MainBhiChowkidar" unless issues related to merger of banks, salary revision and staff recruitment, among others, are addressed.