News for 'austerity'

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.'

Fiscal deficit touches 74.6% of budget estimate

Fiscal deficit touches 74.6% of budget estimate

Rediff.com30 Sep 2013

Showing signs of financial strain, the government's fiscal deficit in the first five months of the ongoing financial year has already touched 74.6 per cent of the budget estimate.

PHOTOS: This is the world's biggest water fight

PHOTOS: This is the world's biggest water fight

Rediff.com19 Apr 2016

Over the years though the ritual has evolved into the massive water fight that dominates streets all over the country.

Big challenges before Urjit Patel

Big challenges before Urjit Patel

Rediff.com2 Sep 2016

Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.

Brexit: A big blow for the UK economy

Brexit: A big blow for the UK economy

Rediff.com7 Jul 2016

Brexit will likely put brakes on the UK's growth prospects.

Greece faces recession warning as bailout talks set to open

Greece faces recession warning as bailout talks set to open

Rediff.com23 Jul 2015

Formal negotiations are due to start in Athens on Friday.

Govt not considering shutting petrol pumps at night: Moily

Govt not considering shutting petrol pumps at night: Moily

Rediff.com2 Sep 2013

Amidst a storm over proposal to shut petrol pumps during night to taper fuel demand, Oil Minister M Veerappa Moily on Monday said the government had not made any such proposal and the idea had come from public.

Greece: A financial slave state

Greece: A financial slave state

Rediff.com5 Jul 2015

The crushing of this tiny entity by demanding creditors should be a lesson for all countries, warns T N Ninan.

Greek crisis: An opportunity for Indian investors?

Greek crisis: An opportunity for Indian investors?

Rediff.com30 Jun 2015

Neither India nor China will be badly affected by Grexit.

Germany, France press Greece to make fast, credible proposals

Germany, France press Greece to make fast, credible proposals

Rediff.com7 Jul 2015

The crisis remains acute with the country's banks already closed.

It's a double whammy for liquor industry

It's a double whammy for liquor industry

Rediff.com19 Jun 2017

The rush for prohibition and the Supreme Court's decision to ban liquor sales within 500 metres from highways have hurt companies.

How India must respond to growing Chinese military might

How India must respond to growing Chinese military might

Rediff.com28 Apr 2016

As China begins rejuvenation of its military power, there is an urgent need for transformation of the Indian military, says Lieutenant General Anil Chait (retd).

Modi effect: State FMs' foreign junket cut short

Modi effect: State FMs' foreign junket cut short

Rediff.com2 Sep 2014

Prime Minister Narendra Modi's leash on foreign junkets of his ministers and bureaucrats seems to have trickled down to states as well.

'No founder will retire and walk out'

'No founder will retire and walk out'

Rediff.com1 Sep 2017

'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'

Markets snap 7-day winning streak; RIL dips 3%

Markets snap 7-day winning streak; RIL dips 3%

Rediff.com20 Feb 2015

Caution prevailed across the bourses ahead of the Union Budget.

Row over Article 35A nears flash point in Kashmir

Row over Article 35A nears flash point in Kashmir

Rediff.com23 Aug 2017

'Underestimating its potential implications, in the event of an 'adverse' verdict, could turn out to be a huge political blunder,' says Mohammad Sayeed Malik, the distinguished commentator on Kashmir.

Lessons from Tripura

Lessons from Tripura

Rediff.com6 Mar 2018

'The Communist rule in Tripura was exceptional while it lasted for a quarter century in giving good governance.' 'The chief minister himself was the paragon of virtues in his dedication in public life.' 'But all that still didn't add up when the BJP's dream merchants came up with their famous 'development agenda'.' 'One thing that emerges indisputably in the Tripura election results is that needs and aspirations more or less narrow down to one little word -- jobs,' says M K Bhadrakumar.

China risk story is far more dangerous than Grexit

China risk story is far more dangerous than Grexit

Rediff.com6 Jul 2015

Consequences of China's efforts to stabilise its equity markets after three weeks of declines, which wiped out some 30 per cent of the value is far more importance to the world, says Clyde Russell.

'Europe is dying', EU opponents say, as Greek 'No' brings delight

'Europe is dying', EU opponents say, as Greek 'No' brings delight

Rediff.com6 Jul 2015

Eurosceptics lined up to laud Greek democracy for disowning what some cast as the oligarchy

The mystery of how the Islamic State makes its millions

The mystery of how the Islamic State makes its millions

Rediff.com28 Nov 2015

Not with standing the Western nations' zeal to wage a war against the group, unless its source of funding is known and curbed, its rampage will likely continue.

Nila Vikhe Patil, Swedish politics' Indian star

Nila Vikhe Patil, Swedish politics' Indian star

Rediff.com13 Mar 2019

Her great grandfather began sugar co-operatives in Maharashtra. Her grandfather was an eight time MP. Her uncle is currently leader of the Opposition in the Maharashtra assembly. Her cousin joined the BJP on Tuesday, March 12. Nila Vikhe Patil, who could one day become prime minister of Sweden, unravels her India connections in an e-mail interaction with Rediff.com's Vaihayasi Pande Daniel.

Pound tumbles to 30-year low as Brexit result agonisingly close

Pound tumbles to 30-year low as Brexit result agonisingly close

Rediff.com24 Jun 2016

Sterling was last at $1.4450, having carved out a massive range of $1.4000 to $1.5022.

Why renaming Aurangzeb Road is right

Why renaming Aurangzeb Road is right

Rediff.com4 Sep 2015

'I am happy that Aurangzeb will no longer dance before my eyes as I jog down A P J Abdul Kalam Road. Instead, the serene, saintly, smile of the late beloved President will bless me when I take an evening stroll there.'

How did Indrani get the hair dye?

How did Indrani get the hair dye?

Rediff.com21 Apr 2017

'People wondered aloud why she had given up on the aging, getting-day-by-day-more-infirm avatar. And was freshly blooming.'

Economy improving, RBI will take call on rate: FinMin

Economy improving, RBI will take call on rate: FinMin

Rediff.com1 Oct 2013

The economy grew at a four year low of 4.4 per cent in the April-June quarter of current year.

Markets at 3-month closing high on FDI reforms, Greece proposal

Markets at 3-month closing high on FDI reforms, Greece proposal

Rediff.com16 Jul 2015

Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.

Greeks defy Europe with overwhelming referendum 'No'

Greeks defy Europe with overwhelming referendum 'No'

Rediff.com5 Jul 2015

The result of the opinion polls would allow the government to move ahead quickly to reach a deal with creditors

The Hindi-speaking Aussie who loves India

The Hindi-speaking Aussie who loves India

Rediff.com15 Mar 2018

Charles 'Biharilal' Thomson, an Australian who speaks fluent Hindi, on how India has bewitched him.

How wise men in FinMin can ideally allocate budget to ministries

How wise men in FinMin can ideally allocate budget to ministries

Rediff.com1 Jun 2015

The Ministry of Finance or Commerce would certainly need a larger hospitality budget than the Ministry of Agriculture.

Beware of FOMO, the new-age epidemic

Beware of FOMO, the new-age epidemic

Rediff.com29 Jul 2016

Here's why it's dangerous.

Banks reopen, first repayments start as Greece aims for return to normal

Banks reopen, first repayments start as Greece aims for return to normal

Rediff.com20 Jul 2015

Their reopening followed Prime Minister Alexis Tsipras' reluctant acceptance of a tough package of bailout demands from European partners

Greek banks reopen as Tsipras eyes return to normal

Greek banks reopen as Tsipras eyes return to normal

Rediff.com20 Jul 2015

A second vote will be held on Wednesday, on measures including justice and banking reforms, when a similar outcome is expected.

Markets end at record highs; ITC, banks outperform

Markets end at record highs; ITC, banks outperform

Rediff.com27 Jan 2015

The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.

The Greece Crisis and its lessons for India

The Greece Crisis and its lessons for India

Rediff.com3 Jul 2015

'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.

Sensex slumps 855 points; 7th worst single-day fall in history

Sensex slumps 855 points; 7th worst single-day fall in history

Rediff.com6 Jan 2015

ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers

India Inc's sales, profit growth weakest in 2 years

India Inc's sales, profit growth weakest in 2 years

Rediff.com1 Jun 2015

This was even as the country's economy grew by 7.3%.

What India expects from its next President

What India expects from its next President

Rediff.com15 Jun 2017

'A President who is a living embodiment of high principles can tone up the entire national fabric,' says B S Raghavan, the distinguished civil servant.

Greek PM keeps lid on party rebellion to pass bailout vote

Greek PM keeps lid on party rebellion to pass bailout vote

Rediff.com23 Jul 2015

The legislation passed with 230 votes in the 300-seat chamber.

Why is the world economy being shaky?

Why is the world economy being shaky?

Rediff.com17 Feb 2016

One has to wonder what is so wrong with the European Union.