News for 'austerity'

Don't leave finance to the financiers

Don't leave finance to the financiers

Rediff.com9 Sep 2014

A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.

The conflicts that rocked the world

The conflicts that rocked the world

Rediff.com26 Dec 2018

From the political maelstrom in Washington to the humanitarian disaster in Yemen to the deadly unrest along the Israel-Gaza border, photographers captured a world in turbulent transition.

Rupee extends losses for 2nd day vs USD, down 10 paise

Rupee extends losses for 2nd day vs USD, down 10 paise

Rediff.com16 Jul 2015

Rupee is under pressure against the dollar say currency watchers.

'Indian IT firms to see marginal impact of Greek crisis'

'Indian IT firms to see marginal impact of Greek crisis'

Rediff.com1 Jul 2015

Greece's financial crisis has intensified.

PlanComm advises states to maintain fiscal discipline

PlanComm advises states to maintain fiscal discipline

Rediff.com3 Oct 2013

There has been no discussion so far on cutting Plan expenditure, the Planning Commission said on Thursday even as it asked states to maintain fiscal discipline.

Theresa May wins confidence vote in UK Parliament

Theresa May wins confidence vote in UK Parliament

Rediff.com30 Jun 2017

The MPs voted in favour of the Queen's Speech by 323 votes to 309 with a majority of 14.

Finance ministry starts Budget preparations

Finance ministry starts Budget preparations

Rediff.com1 Oct 2013

The Finance Ministry has started preparations for Budget 2014-15 by asking different central ministries and departments to come out with their estimates of receipts as well as expenditure for the next financial year.

Greeks defy Europe with overwhelming referendum 'No'

Greeks defy Europe with overwhelming referendum 'No'

Rediff.com6 Jul 2015

The vote leaves Greece in uncharted waters: risking a banking collapse that could force it out of the euro.

UK's opposition leader loses no-confidence motion, refuses to resign

UK's opposition leader loses no-confidence motion, refuses to resign

Rediff.com28 Jun 2016

The United Kingdom's embattled opposition leader, Jeremy Corbyn, on Tuesday lost a no-confidence motion brought against him by his Labour party MPs in the wake of UK's shock Brexit vote.

Fiscal deficit nears 83% of Budget estimates in end Sep

Fiscal deficit nears 83% of Budget estimates in end Sep

Rediff.com31 Oct 2014

Net tax receipts in the first half of the fiscal stood at Rs 3.23 lakh crore (Rs 3.23 trillion), or 33.1 per cent of BE, the data released by the Controller General of Accounts today showed.

Defence of India with Made in India

Defence of India with Made in India

Rediff.com23 Jan 2019

'No country can ever be free to make its choices and remain independent if it continues to wear borrowed plumes,' warn Lieutenant General Ashok Joshi (retd) and Colonel Anil A Athale (retd).

Sheena Bora case: Why did her lawyers give Indrani a drubbing?

Sheena Bora case: Why did her lawyers give Indrani a drubbing?

Rediff.com28 Feb 2020

Indrani dressed in a short purple kurta and leggings, with a bandhini green-purple chunni, sindhoor glowing in her mang, was receiving a drubbing from her lawyers for the facts she had revealed before the court on Tuesday while arguing the rejoinder to her bail application. She was insisting: "But he asked me for a motive!"

Afghan cricket: Swapping Kalashnikovs for cricket bats

Afghan cricket: Swapping Kalashnikovs for cricket bats

Rediff.com3 Apr 2019

Unlike football, which offends the sensibilities of some very conservative Muslims because it is normally played in shorts, cricket is played in long sleeves and trousers, in line with traditional dress codes. It also bears some resemblance to traditional Afghan children's games involving throwing and using sticks to hit smaller sticks or balls.

Greece submits new bailout plan to avoid euro exit

Greece submits new bailout plan to avoid euro exit

Rediff.com10 Jul 2015

Athens bowed to demands to phase out tax breaks for its islands.

Tonga's flag bearer goes shirtless again at Winter Olympics

Tonga's flag bearer goes shirtless again at Winter Olympics

Rediff.com9 Feb 2018

When the North Korean athletes took over, it became a more austere affair.

This is how Euro zone plans to counter the Greek crisis

This is how Euro zone plans to counter the Greek crisis

Rediff.com19 Jun 2015

The IMF dashed any hope that Athens could avert default.

Mother's Day Special: Fashion Rewind, from Aishwarya to Achla Sachdev

Mother's Day Special: Fashion Rewind, from Aishwarya to Achla Sachdev

Rediff.com11 May 2017

With Mother's Day around the corner, we thought of looking at how Bollywood's mommy fashion has evolved from Achala Sachdev to Aishwarya Rai Bachchan.

Oil prices tumble after Greece vote, China stock market turmoil

Oil prices tumble after Greece vote, China stock market turmoil

Rediff.com6 Jul 2015

The falls meant that both crude futures were at their lowest levels since mid-April

Review: Rage turns into beauty in Kadvi Hawa

Review: Rage turns into beauty in Kadvi Hawa

Rediff.com24 Nov 2017

'Don't let anybody tell you that Kadvi Hawa is a manifesto for the fight against climate change or that it's an austere, unforgiving movie.' 'This is an intensely felt, beautifully expressed piece of cinema,' says Sreehari Nair.

Why Jaitley must allocate more funds to states in the Budget

Why Jaitley must allocate more funds to states in the Budget

Rediff.com28 Jan 2015

The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.

Fiscal deficit breaches 84% of budget estimates in Apr-Oct

Fiscal deficit breaches 84% of budget estimates in Apr-Oct

Rediff.com29 Nov 2013

India's fiscal deficit touched Rs 4.57 lakh crore or 84.4 per cent of budget estimates in the first seven months of the current fiscal, reflecting signs of stress in government finances.

Plan spend may be axed again: Montek

Plan spend may be axed again: Montek

Rediff.com1 Sep 2013

A cut in government spending would come at the cost of growth.

Don't the babus need a phoren summer break?

Don't the babus need a phoren summer break?

Rediff.com26 May 2017

Growing foreign travel is one sign of the radical change in rising India's vacation dynamic.

Can PM Imran fix Pakistan?

Can PM Imran fix Pakistan?

Rediff.com18 Aug 2018

'Imran Khan hopes to fulfill the dreams of the founders of of Pakistan in establishing an Islamic Welfare State.' 'The grave situation of the economy makes realisation of this dream very difficult,' points out Colonel R N Ghosh Dastidar (retd).

Euro holds up in face of Greek 'No'

Euro holds up in face of Greek 'No'

Rediff.com6 Jul 2015

The euro skidded to a 6-week low of 133.700 yen in the early session.

Two deals but many lessons

Two deals but many lessons

Rediff.com24 Jul 2015

Both the Greek and Iranian deals are extremely imperfect and fraught with uncertainty, says Claude Smadja.

Euro zone clinches deal with Greece after all-night haggle

Euro zone clinches deal with Greece after all-night haggle

Rediff.com13 Jul 2015

Tough conditions imposed by global lenders could cause an outcry.

Euro zone gives Greece until Sunday for debt deal

Euro zone gives Greece until Sunday for debt deal

Rediff.com8 Jul 2015

The situation in Greece worsened with banks closed for a 2nd week.

Greece faces last chance to stay in euro as cash runs out

Greece faces last chance to stay in euro as cash runs out

Rediff.com7 Jul 2015

Without some firmer pledge of debt relief, neither Greece nor the IMF is likely to accept a deal

Greece defaults on IMF payment despite last-minute overtures to creditors

Greece defaults on IMF payment despite last-minute overtures to creditors

Rediff.com1 Jul 2015

11th-hour debt restructuring programme offered no concessions to creditors

Greece offers new proposals to avert default, creditors see hope

Greece offers new proposals to avert default, creditors see hope

Rediff.com23 Jun 2015

Greek proposals hailed as "a positive step forward".

Different by design

Different by design

Rediff.com7 Apr 2015

Tejas Mangeshkar tells us how he is creating waves in the realm of design.

Arun Jaitley: George as I knew him

Arun Jaitley: George as I knew him

Rediff.com30 Jan 2019

'George was a politician with a difference. He had the ability to stand alone, take a position, however extreme, and sustain that position,' remembers Arun Jaitley.

Bikaner House, Delhi's most elegant address

Bikaner House, Delhi's most elegant address

Rediff.com2 Jun 2018

When Rajasthan CM Vasundhara Raje Scindia decided to convert her government's capital outpost into a hub of culture, she transformed Bikaner House into Delhi's premier cultural space, notes Kishore Singh.

Witness to Freedom

Witness to Freedom

Rediff.com15 Aug 2017

India is free, certainly, and has been so for 70 years. But are Indians free-spirited? asks Shreekant Sambrani.

These are the first-time ministers in Modi Sarkar 2.0

These are the first-time ministers in Modi Sarkar 2.0

Rediff.com30 May 2019

Here's a list of the full first-time ministers in the second term of the Narendra Modi government.

India to be home to 4.37 lakh millionaires by 2018: Study

India to be home to 4.37 lakh millionaires by 2018: Study

Rediff.com8 Jul 2015

Mumbai is the only Indian city in the top 30 cities in the world for multi-millionaires.

IMF calls for Greece debt relief ahead of bailout vote

IMF calls for Greece debt relief ahead of bailout vote

Rediff.com15 Jul 2015

An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping austerity package demanded by their lenders.

There once was a pink Ambassador...

There once was a pink Ambassador...

Rediff.com3 Mar 2017

Most Indians have an Ambassador story. Avishek Rakshit chronicles what made this car such an indispensable part of India's cultural psyche.

'There will not be a messiah'

'There will not be a messiah'

Rediff.com1 Sep 2017

'There will only be an institutional solution between the board and the founders to take Infosys forward.'