News for 'economic concerns'

Population rise not religion-linked, Muslim fertility rate lowest: NGO

Population rise not religion-linked, Muslim fertility rate lowest: NGO

Rediff.com9 May 2024

In a statement, the Population Foundation of India said it is deeply concerned about recent media reports "misreporting" the findings from the study to spread alarm regarding the growth of the Muslim population in the country.

A Neat Tragedy Called NEET

A Neat Tragedy Called NEET

Rediff.com25 Jul 2024

NEET is a court-ordered examination, supposedly aimed at meritocracy. However, over the past years when the incumbent Narendra Modi government at the Centre began implementing it, it took on political and casteist colours, observes N Sathiya Moorthy.

Modi flags concerns over high food, fuel and fertiliser prices; says unsure when crisis will end

Modi flags concerns over high food, fuel and fertiliser prices; says unsure when crisis will end

Rediff.com12 Jan 2023

The world is in a state of crisis and it is difficult to predict how long this state of instability will last, Prime Minister Narendra Modi said on Thursday referring to various global challenges arising out of conflict, war and terrorism among others. In his opening remarks at the Voice of Global South virtual summit, Modi flagged concerns over rising prices of food, fuel and fertilisers, economic impact of the COVID-19 pandemic as well as natural disasters driven by climate change. "We are meeting as a new year dawns and brings new hopes and new energy," Modi said.

'Anti-India Sentiment Was Extremely High'

'Anti-India Sentiment Was Extremely High'

Rediff.com6 Aug 2024

'In the interim, India will be confronted with anti-India feeling because Sheikh Hasina had India's support.' 'We will have to deal with it, but it will not be a permanent phenomenon.' 'There is substantial goodwill towards India which will stand us in good stead.'

UP sub-station fire leaves Delhi 'powerless' for 1 hour, homes of LG, CM hit

UP sub-station fire leaves Delhi 'powerless' for 1 hour, homes of LG, CM hit

Rediff.com11 Jun 2024

Power distribution company officials said several areas, largely in central and east Delhi, were affected due to the failure. Some areas in north Delhi also faced outages.

'Divisive agenda': Oppn slams Modi's 'communal civil code' remark

'Divisive agenda': Oppn slams Modi's 'communal civil code' remark

Rediff.com15 Aug 2024

'The non-biological PM's capacity for malice, mischief, and maligning of history knows no bounds. It was on full display today from the Red Fort'

Budget: SBI chief pitches for tax relief on interest income

Budget: SBI chief pitches for tax relief on interest income

Rediff.com19 Jun 2024

State Bank of India chairman Dinesh Kumar Khara has pitched for tax relief on interest income, saying it would help banks to garner savings that could be used for funding long-term infra projects. Currently, banks are required to deduct tax when interest income from deposits held in all the bank branches put together is more than Rs 40,000 in a year. With regard to savings accounts, interest earned up to Rs 10,000 is exempt from tax.

'Halwa' ceremony over; stage set for Nirmalaji's 7th Budget

'Halwa' ceremony over; stage set for Nirmalaji's 7th Budget

Rediff.com16 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday participated in a traditional 'halwa' ceremony, marking the final stage for preparation of Union Budget 2024-25 to be unveiled on July 23 in Lok Sabha. The ceremony is a ritual in which traditional dessert 'halwa' is prepared and served to officials and staff members of the finance ministry who are involved in the preparation of the Budget.

Will STT Curb F&O Trading?

Will STT Curb F&O Trading?

Rediff.com24 Jul 2024

Brokers believe that the higher charges may not completely deter investors from taking bets in F&O but could help cool down some activity, as the threshold to break even rises.

Defence gets Rs 6.21 lakh cr, 4.79% hike from previous allocation

Defence gets Rs 6.21 lakh cr, 4.79% hike from previous allocation

Rediff.com23 Jul 2024

The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.

4 Pak cops face action for negligence in suicide attack on Chinese nationals

4 Pak cops face action for negligence in suicide attack on Chinese nationals

Rediff.com6 Apr 2024

Prime Minister Shehbaz is himself overseeing the security of the Chinese projects and engineers.

Xi meets Putin, raises concerns over war in Ukraine

Xi meets Putin, raises concerns over war in Ukraine

Rediff.com16 Sep 2022

In what is seen as the first sign of China's exasperation over Russia's Ukraine war, Chinese President Xi Jinping on Thursday raised 'questions and concerns' over the conflict in his meeting in Samarkand with Russian President Vladimir Putin who thanked Beijing for its 'balanced position' on the crisis.

PIX: Here is how states celebrate 78th Independence Day

PIX: Here is how states celebrate 78th Independence Day

Rediff.com15 Aug 2024

Independence Day was celebrated across states and Union territories on Thursday, as several chief ministers announced job schemes while some others vowed their support for Prime Minister Narendra Modi's vision of a Viksit Bharat by 2047.

Discuss democracy, rights regularly with India, says Blinken in Davos

Discuss democracy, rights regularly with India, says Blinken in Davos

Rediff.com17 Jan 2024

At the same time, a regular part of the conversation between the two countries has been about democracy and rights, Blinken said.

Half of top economists expect world economy to weaken in '24

Half of top economists expect world economy to weaken in '24

Rediff.com16 Jan 2024

More than half (56 per cent) of chief economists expect the global economy to weaken in 2024, with most saying the pace of geo-economic fragmentation will accelerate, according to the latest "Chief Economists Outlook" released on Monday at the World Economic Forum (WEF). The report indicates that the global economic prospects remain subdued and uncertain. Challenges include tight financial conditions, geopolitical rifts, and the rapid development of generative artificial intelligence (AI).

Unemployment: One of the BIG problems facing Modi 3.0

Unemployment: One of the BIG problems facing Modi 3.0

Rediff.com10 Jun 2024

Prime Minister Narendra Modi led-NDA government in its third term must tackle the problem of unemployment in the country, especially in the unorganised sector and in small and medium enterprises, former NITI Aayog Vice Chairman Rajiv Kumar said on Monday. Kumar also emphasised that the government now must finalise the four labour codes as it has been delayed beyond expectations. "We must recognise that post-COVID economic recovery has been a K-shaped recovery.

Study Abroad: The Best Countries to Pursue PhD

Study Abroad: The Best Countries to Pursue PhD

Rediff.com12 Jun 2024

rediffGURU Sushil Sukhwani offers expert advice about pursuing higher education abroad.

Old Tax Regime May Soon Be History

Old Tax Regime May Soon Be History

Rediff.com24 Jul 2024

There are a number of steps taken that will leave more money in the hands of the taxpayers.
These include the reduction in tax rates under the new tax regime, increase in standard deduction, allowing tax collected at source to be adjusted against tax deducted at source from salaries, notes Harsh Roongta.

Budget 2024: Gold prices crash by Rs 3,350

Budget 2024: Gold prices crash by Rs 3,350

Rediff.com23 Jul 2024

Gold prices tumbled by Rs 3,350 to Rs 72,300 per 10 grams in the local market in New Delhi on Tuesday amid subdued demand by jewellers after the government announced the customs duty cut on the yellow metal and silver to 6 per cent.

'Deeply concerned' about security of Chinese in Pakistan, Xi tells Sharif

'Deeply concerned' about security of Chinese in Pakistan, Xi tells Sharif

Rediff.com2 Nov 2022

On his maiden visit to Beijing, Pakistan Prime Minister Shehbaz Sharif held talks with Chinese President Xi Jinping during which the two leaders agreed to strengthen the all-weather friendship and the USD 60 billion China-Pakistan Economic Corridor (CPEC).

Sensex sinks 353 points on profit booking

Sensex sinks 353 points on profit booking

Rediff.com26 Feb 2024

Selling in index heavyweights, including Infosys, TCS, ICICI Bank and Reliance Industries, dragged the benchmark indices into the negative for the second straight session, analysts said. Among the Sensex shares, Asian Paints fell the most by 3.9 per cent as analysts expressed concerns over rising competition in the domestic paints market following the entry of Aditya Birla group company Grasim Industries into the paints segment. IT shares Infosys, TCS, HCL Tech, Wipro and Tech Mahindra continued to slide amid inflation concerns in the US market.

Bihar cops obtain reference NEET papers, ED likely to join probe

Bihar cops obtain reference NEET papers, ED likely to join probe

Rediff.com22 Jun 2024

The Bihar Police's Economic Offences Unit, which is probing the alleged National Eligibility-cum-Entrance Test (Undergraduate) (NEET-UG) paper leak case, on Saturday claimed to have obtained reference question papers of the test conducted by National Testing Agency (NTA) and planned to compare these with documents recovered from a flat in Patna during a search operation last month.

'The impact of El Nino is always a matter of concern'

'The impact of El Nino is always a matter of concern'

Rediff.com6 Jun 2023

'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'

Almost fell asleep: Biden on debate debacle against Trump

Almost fell asleep: Biden on debate debacle against Trump

Rediff.com3 Jul 2024

The White House acknowledged that Biden did not have a "great (debate) night,", but asserted that he knew how to get things done and is ready to run the country for the next four years.

Will Macron retain power? France votes in first round of snap polls

Will Macron retain power? France votes in first round of snap polls

Rediff.com30 Jun 2024

The outcome may determine whether Macron's centrist coalition retains power or if France faces a period of political cohabitation with the far-right National Rally, led by Marine Le Pen.

Getting future-ready: Govt may tweak IBC to factor in climate change

Getting future-ready: Govt may tweak IBC to factor in climate change

Rediff.com7 May 2024

The government is contemplating changes to the Insolvency and Bankruptcy Code (IBC) to deal with environmental claims and liabilities of defaulting companies to make the law future-ready and meet climate action goals, sources told Business Standard. Currently, the IBC has various categories of claims and creditors, including those related to environmental liabilities.

Duflo, Rajan, Dreze on TN economic panel to advise CM

Duflo, Rajan, Dreze on TN economic panel to advise CM

Rediff.com21 Jun 2021

The Tamil Nadu government will constitute an 'economic advisory council' to the chief minister comprising Nobel laureates, former Reserve Bank of India governor and other economic experts from around the globe to advise the state on how to reverse the economic slowdown.

FTAs, reviving exports to be commerce ministry's focus

FTAs, reviving exports to be commerce ministry's focus

Rediff.com18 Jun 2024

Another priority in the first 100 days could be the launch of an e-platform -- Trade Connect -- to help exporters connect with stakeholders of international trade.

India The Diplomatic Ambassador In Global Crises

India The Diplomatic Ambassador In Global Crises

Rediff.com16 Sep 2024

Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.

Byju's may move NCLAT against insolvency order

Byju's may move NCLAT against insolvency order

Rediff.com18 Jul 2024

Edtech company Byju's parent Think & Learn will challenge the National Company Law Tribunal's (NCLT's) order on insolvency proceedings and may approach the National Company Law Appellate Tribunal (NCLAT) in the next few days, a source claimed. With the NCLT appointing Pankaj Srivastava as the interim resolution professional (IRP), time is running out for Byju's as the committee of creditors (CoC) begins to be formed.

Centre in a huddle to understand impact of the Iran-Israel tensions

Centre in a huddle to understand impact of the Iran-Israel tensions

Rediff.com16 Apr 2024

Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.

'There Is No Modi Wave'

'There Is No Modi Wave'

Rediff.com3 May 2024

'I am shocked that the BJP makes so many commitments. What did they deliver as the NDA?'

Omicron adds new uncertainties to global economic outlook: Moody's

Omicron adds new uncertainties to global economic outlook: Moody's

Rediff.com29 Nov 2021

The Omicron variant of Covid-19 adds new uncertainties to the global economic outlook but much will depend on its speed of transmission, hospitalisation and death rates, and also the effectiveness of vaccines, Moody's Analytics said on Monday. In its commentary titled 'Much to Learn About Omicronast', Moody's Analytics said although the variant appears to spread "remarkably quickly", it will be at least two more weeks before more will be known about this new variant. "The Omicron variant of COVID-19 adds new measures of uncertainty to the outlook for the global economy, although it is too soon to adequately quantify that risk.

'No worry': Punjab National Bank allays concerns about Adani group exposure

'No worry': Punjab National Bank allays concerns about Adani group exposure

Rediff.com31 Jan 2023

Punjab National Bank on Monday allayed concerns about its exposure to Adani companies and noted that its loans to the group are diversified into 8-9 companies, which are generating sufficient cash. Atul Kumar Goel, the bank's MD & CEO, in a post-earnings call said total exposure to Adani group, so far, stands at Rs 7,000 crore, of which Rs 2,500 crore is in the airport sector. He further said there is "no worry as the exposure is not very big" and that the bank is keeping an eye on the development that is taking place.

KKR Vs PBKS: Who Bowled Best Spell? Vote!

KKR Vs PBKS: Who Bowled Best Spell? Vote!

Rediff.com27 Apr 2024

Chahar or Narine? Who bowled best?

MFs Pump Rs 1.8 Trillion Into Markets

MFs Pump Rs 1.8 Trillion Into Markets

Rediff.com29 Jun 2024

Domestic institutional investors pumped Rs 2.3 trillion into equities during H1 CY24. Of this, mutual funds contributed 80%.

Street cheers auto volume data amid interest rate, chip crunch concerns

Street cheers auto volume data amid interest rate, chip crunch concerns

Rediff.com11 Apr 2023

The automobile sector is considered a good indicator of economic health. It has a very long value chain, from primary materials, like metals, glass and plastic, to value-added high-end electronic components, specialised alloys, and software.

Rising prices, lack of jobs key issues, shows voter survey

Rising prices, lack of jobs key issues, shows voter survey

Rediff.com13 Apr 2024

62 per cent of respondents across various demographics, including villages, towns, and cities, perceived a greater difficulty in securing employment compared to the previous five years, shows pre-poll survey by Centre for Study of Developing Societies.

Biden not stepping down from poll race: White House

Biden not stepping down from poll race: White House

Rediff.com4 Jul 2024

Biden, 81, is increasingly receiving calls from Democratic Party leaders and editorial boards of mainstream American media to step down from the presidential race and let others from the party lead them in the November 5 elections. So far, he has resisted these calls.

Next NDA Meeting May Propose Bihar Package

Next NDA Meeting May Propose Bihar Package

Rediff.com6 Jun 2024

'There is also a possibility that Andhra Pradesh may demand a similar package. But as of now, we are only working on a package for Bihar.'