News for 'economic-affairs'

Govt all set to introduce Rs 20 coins

Govt all set to introduce Rs 20 coins

Rediff.com7 Mar 2019

The face of the new Rs 20 coin shall bear the 'Lion Capitol of Ashoka Pillar' with 'Satyameva Jayate' inscribed below.

Why Urjit Patel met PM Modi

Why Urjit Patel met PM Modi

Rediff.com12 Nov 2018

The meeting came amid a face-off between the central bank and the finance ministry over issues ranging from appropriate size of reserves that RBI must maintain to ease of lending norms to step up growth in an election year.

Is it expensive to study in Germany?

Is it expensive to study in Germany?

Rediff.com11 Mar 2020

If you have pursued your bachelor's degree from elsewhere, studying a master's programme in public universities in Germany is easier as 80% of the universities are free, says Sushil Sukhwani.

2G scam: Some JPC members seek FM note documents

2G scam: Some JPC members seek FM note documents

Rediff.com31 Oct 2011

Dissatisfied with the reply about non-submission of the controversial March 25 note on 2G spectrum allocation before the panel examining the issue, non-United Progressive Alliance members of the Joint Parliamentary Committee on Monday asked the finance ministry to provide input documents that helped its compilation.

Govt to bypass telcos to tap calls

Govt to bypass telcos to tap calls

Rediff.com25 Jul 2011

This will enable security agencies to tap any call, real-time chat and data without help from the operators.

'Pranab aware of contents of controversial 2G note'

'Pranab aware of contents of controversial 2G note'

Rediff.com12 Jan 2012

Finance Minister Pranab Mukherjee was aware of the contents of the controversial 2G note which was issued as an office memorandum at the insistence of the Prime Minister's Office, a top official told the Joint Parliamentary Committee on Thursday.

IL&FS case: Deloitte, KPMG's plea dismissed

IL&FS case: Deloitte, KPMG's plea dismissed

Rediff.com4 Mar 2020

Rejecting the contention of the auditors and others that they cannot be treated as part of the management, which is responsible for managing the affairs of the company and therefore should not be charged as per the said section, the NCLAT said that rules of natural justice are to be followed.

Gold imports may be 750 tonnes in 2013/14: FinMin

Gold imports may be 750 tonnes in 2013/14: FinMin

Rediff.com18 Sep 2013

Indian government has hiked the import duty on refined gold three times since January 1 and it now is at a record 10 per cent.

'Mayaram would be of great help to Tourism ministry'

'Mayaram would be of great help to Tourism ministry'

Rediff.com17 Oct 2014

Union Tourism Minister Shripad Naik on Friday said that having Arvind Mayaram as the new secretary in the ministry would be of great help.

Govt approves 6 road proposals worth Rs 9,774 cr

Govt approves 6 road proposals worth Rs 9,774 cr

Rediff.com13 Jul 2011

The Public Private Partnership Approval Committee (PPPAC), chaired by Economic Affairs Secretary R Gopalan, had granted approval to the six proposals of the ministry of road transport and highways spread across five states, an official statement said.

Why Budget 2012 is not bad for the Indian economy

Why Budget 2012 is not bad for the Indian economy

Rediff.com21 Mar 2012

In an exclusive interview with rediff.com Gopalan replies back to the critics of the Budget presented by Finance Minister Pranab Mukherjee.

Pradeep Singh Kharola is new Air India CMD

Pradeep Singh Kharola is new Air India CMD

Rediff.com28 Nov 2017

A 1985-batch Karnataka cadre officer, Kharola would be steering the national airline at a time when the government has started the process for its strategic divestment.

Road, housing projects worth Rs 14,500 cr cleared

Road, housing projects worth Rs 14,500 cr cleared

Rediff.com16 Sep 2011

The government has approved 20 new highway and housing projects at a total investment of Rs 14,538 crore (Rs 145.38 billion).

Gokarn, Patel, Mohan: Who will be the next RBI chief?

Gokarn, Patel, Mohan: Who will be the next RBI chief?

Rediff.com5 Jul 2016

A committee headed by Patel recommended retail inflation targeting and a monetary policy committee.

Downturn? No, economy is much better off, says FinMin

Downturn? No, economy is much better off, says FinMin

Rediff.com21 Aug 2013

Economic Affairs Secretary Arvind Mayaram said India had brought its fiscal deficit down more sharply and quickly than any other country, but managing the current account deficit was more complicated because the government had less control of it.

FinMin arms fight over tax refunds

FinMin arms fight over tax refunds

Rediff.com30 May 2011

The Income-Tax Department has turned down a proposal by the Department of Economic Affairs to go slow on refunds to taxpayers.

'It's a vindication': Govt officials upbeat over Moody's upgrade

'It's a vindication': Govt officials upbeat over Moody's upgrade

Rediff.com17 Nov 2017

"It's a welcome development, but we also feel it was long overdue... It's a recognition of the actions that the government has undertaken like GST, bankruptcy. We also need to keep all these things in perspective," Chief Economic Adviser Arvind Subramanian said.

Day after PM's snub, Swamy invokes Lord Krishna

Day after PM's snub, Swamy invokes Lord Krishna

Rediff.com28 Jun 2016

"The world is in general equilibrium. A small change in one parameter effects changes in all variables. So Krishna advised: Sukh Dukhe...," Subramanian Swamy tweeted.

Swamy issues veiled threat of 'bloodbath' to Finance Ministry

Swamy issues veiled threat of 'bloodbath' to Finance Ministry

Rediff.com24 Jun 2016

People giving me unasked for advice of discipline and restraint don't realise that if I disregard discipline there would be a bloodbath.

WhatsApp builds system to store payments data in India

WhatsApp builds system to store payments data in India

Rediff.com9 Oct 2018

"In response to India's payments data circular, we've built a system that stores payments-related data locally in India," WhatsApp spokesperson said in a statement.

US Senate panel confirms Ken Juster as envoy to India

US Senate panel confirms Ken Juster as envoy to India

Rediff.com27 Oct 2017

Juster played a key role in the landmark Indo-US civil nuclear deal.

'FDI in retail needs broader consensus'

'FDI in retail needs broader consensus'

Rediff.com21 Mar 2011

Economic Affairs Secretary R Gopalan, who retains charge of financial services, has shown an ability to grasp ground realities in pushing critical reforms.

Centre doles out Rs 8,750 cr to humour Mamata

Centre doles out Rs 8,750 cr to humour Mamata

Rediff.com8 Dec 2011

To stay on the right side of the Trinamool Congress, the Centre has opened its coffers for West Bengal.

Cabinet empowers Sebi to deal with ponzi schemes

Cabinet empowers Sebi to deal with ponzi schemes

Rediff.com24 Jul 2014

The Bill seeks to give Sebi sweeping powers like attachment of properties and launch of recovery proceedings.

Kenneth Juster to be America's new ambassador to India: WH

Kenneth Juster to be America's new ambassador to India: WH

Rediff.com22 Jun 2017

Juster, who is the Deputy Assistant to the US president for International Economic Affairs and Deputy Director of his National Economic Council, would replace Richard Verma if nominated and confirmed by the Senate.

RBI's ability to intervene in forex market limited: Govt

RBI's ability to intervene in forex market limited: Govt

Rediff.com21 Nov 2011

The finance ministry on Monday said the ability of the Reserve Bank to intervene in the forex market to arrest the fall in rupee is limited, even as the Indian currency declined to a 32-month low of Rs 51.50 per US dollar in the early trade.

Decks cleared for Rs 25k cr infra bonds

Decks cleared for Rs 25k cr infra bonds

Rediff.com30 May 2011

Senior finance ministry official said the economic affairs department cleared the proposals on Friday.

Government mulls changes to FDI oversight

Government mulls changes to FDI oversight

Rediff.com18 Nov 2010

A committee of secretaries will be meeting soon to consider a draft proposal, which suggests that decision-making on all policy issues pertaining to FDI be transferred from the Department of Industrial Policy & Promotion (DIPP) in the Ministry of Commerce to the Department of Economic Affairs (DEA) in the Ministry of Finance.

Govt abolishes FIPB; more FDI policy easing on anvil

Govt abolishes FIPB; more FDI policy easing on anvil

Rediff.com1 Feb 2017

FDI into the country increased by 30 per cent to $21.62 billion during April-September this fiscal.

Check out the new Rs 500, 2,000 notes!

Check out the new Rs 500, 2,000 notes!

Rediff.com10 Nov 2016

Both the new designs, Rs 500 and Rs 2,000, will be very friendly towards the visually-impaired by having features which make it accessible for all sections

What Obama will tell Indian business

What Obama will tell Indian business

Rediff.com28 Oct 2010

'The major focus will be his message on economics, on increasing exports, supporting jobs back here, and including highlighting some commercial deals that we hope to have consummated by that time.'

 'Inflation to come down to 7% by March-end'

'Inflation to come down to 7% by March-end'

Rediff.com17 Oct 2011

Overall inflation increased to 9.72 per cent in September, 2011, from 8.98 per cent in the year-ago period, as prices of food and manufactured items continued to escalate.

Sebi seeks govt nod for phone tapping

Sebi seeks govt nod for phone tapping

Rediff.com11 Apr 2011

The latest request has been made by Sebi chairman U K Sinha after his predecessor C B Bhave failed at least twice in his attempts to secure an authorisation for Sebi to tap phone for its surveillance and investigative actions.

New rules may allow confiscation of absconder's assets

New rules may allow confiscation of absconder's assets

Rediff.com3 Feb 2017

The department of economic affairs is said to be in discussions with various probe agencies, including the income tax department and the Enforcement Directorate, and bankers in drafting the final rules.

Centre opposes EC's stand in SC on electoral bonds

Centre opposes EC's stand in SC on electoral bonds

Rediff.com3 Apr 2019

The government said that the massive amount of political donations were earlier made in cash by individuals or corporates using 'illicit means of funding'.

Oil Min seeks nod for Cairn-Vedanta deal

Oil Min seeks nod for Cairn-Vedanta deal

Rediff.com28 Mar 2011

A CCEA meeting is scheduled for tomorrow but the approval for the Cairn-Vedanta deal is not listed on its agenda so far.

India's Q3 GDP growth dips to 7-yr low of 4.7%

India's Q3 GDP growth dips to 7-yr low of 4.7%

Rediff.com28 Feb 2020

NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.

RBI has good policy of not interfering in forex market: Gopalan

RBI has good policy of not interfering in forex market: Gopalan

Rediff.com14 Sep 2011

"RBI has been following a good policy. These are the ways of correcting international imbalances," Department of Economic Affairs Secretary R Gopalan said on the sidelines of a seminar organised by ICRIER in New Delhi.

CBI leaking Aircel-Maxis chargesheet to media: Chidambaram

CBI leaking Aircel-Maxis chargesheet to media: Chidambaram

Rediff.com28 Aug 2018

Special Judge O P Saini issued notice to the agency and sought its response by October 8.

Protection from arrest to PC, son in Aircel-Maxis case extended

Protection from arrest to PC, son in Aircel-Maxis case extended

Rediff.com23 Aug 2019

Special Judge O P Saini took strong objection to the agencies seeking repeated adjournments.