News for 'government spending'

India's Shubhanshu Shukla to pilot space mission on June 8 after delay

India's Shubhanshu Shukla to pilot space mission on June 8 after delay

Rediff.com15 May 2025

Axiom-4 mission to the International Space Station, piloted by Indian astronaut Group Captain Shubhanshu Shukla with three other crew members, has been delayed and will now be launched from the Kennedy Space Centre in Florida on June 8 at 6:41 pm IST.

Bihar's Liquor Ban Faces Heat Ahead Of Elections

Bihar's Liquor Ban Faces Heat Ahead Of Elections

Rediff.com11 Jun 2025

As the election nears, political positions on prohibition are shifting.

Trade war may fuel inflation: RBI bulletin

Trade war may fuel inflation: RBI bulletin

Rediff.com20 Mar 2025

Escalating trade tensions amid a tariff war after Donald Trump took over as President of the United States (US) could adversely impact global growth and fuel inflation, an article on the "State of the Economy" in the Reserve Bank of India (RBI) monthly bulletin said.

Working hours to increase from 70 or 90 hrs per week? Govt says...

Working hours to increase from 70 or 90 hrs per week? Govt says...

Rediff.com3 Feb 2025

The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.

Kejriwal says he won't go to Rajya Sabha, hails AAP victories

Kejriwal says he won't go to Rajya Sabha, hails AAP victories

Rediff.com24 Jun 2025

Aam Aadmi Party (AAP) chief Arvind Kejriwal on Monday hailed the party's performance in the Gujarat and Punjab bypolls, calling them a 'semi-final to 2027' and a clear sign that voters would reject both the Bharatiya Janata Party and the Congress.

Don't Want IT Notice? Read This NOW!

Don't Want IT Notice? Read This NOW!

Rediff.com10 Jun 2025

Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.

Govt fixes capex at Rs 11.21 lakh cr for FY26

Govt fixes capex at Rs 11.21 lakh cr for FY26

Rediff.com2 Feb 2025

Having missed the target for the current financial year, Finance Minister Nirmala Sitharaman on Saturday proposed to spend Rs 11.21 lakh crore towards capital expenditure (capex) for FY26. However, the capex target is going to be missed by about 93,000 crore for the current financial year.

How do you eat, sleep in space? Schoolchildren ask Shuks

How do you eat, sleep in space? Schoolchildren ask Shuks

Rediff.com3 Jul 2025

Astronaut Shubhanshu Shukla, aboard the International Space Station, interacted with students in Lucknow, answering questions about life in space, the challenges of readjusting to Earth, and the benefits of space exploration.

Pakistan's Evil Designs: What India Must Do!

Pakistan's Evil Designs: What India Must Do!

Rediff.com26 May 2025

'Will this near-war, India's strongest military response so far, buy India another seven years of deterrence?' asks Shekhar Gupta.

Budget 2025: Nirmalaji May Set Fiscal Deficit At 4.4%

Budget 2025: Nirmalaji May Set Fiscal Deficit At 4.4%

Rediff.com19 Dec 2024

'We have to retain some fiscal headroom without compromising on the promised fiscal consolidation roadmap.'

India's Shubhanshu Shukla set to fly to ISS on June 25

India's Shubhanshu Shukla set to fly to ISS on June 25

Rediff.com24 Jun 2025

The mission was originally scheduled for lift-off on May 29 but was put off multiple times when engineers detected a liquid oxygen leak in the boosters of the Falcon-9 rocket and NASA also detected leaks in the ageing Russian module of the ISS.

Study Abroad Without Falling Into A Debt Trap

Study Abroad Without Falling Into A Debt Trap

Rediff.com20 May 2025

By choosing your study destination carefully, leveraging government schemes, comparing loan options, and adopting frugal living practices, Indian students can acquire global credentials without mortgaging their futures.

Forces launch major op to clear J-K border villages of Pak shells

Forces launch major op to clear J-K border villages of Pak shells

Rediff.com13 May 2025

The officials said dozens of unexploded explosives were destroyed by the experts along the Line of Control in Rajouri and Poonch districts and along the International Border in Jammu and Samba which witnessed intense cross-border shelling and drone attacks from May 7 to May 10.

Shubhanshu Shukla's space mission postponed to Wednesday

Shubhanshu Shukla's space mission postponed to Wednesday

Rediff.com9 Jun 2025

SpaceX's Falcon-9 rocket was scheduled to blast off from the Kennedy Space Centre in Florida on Tuesday evening.

Modi cuts short Saudi trip, returns to India after J-K terror attack

Modi cuts short Saudi trip, returns to India after J-K terror attack

Rediff.com23 Apr 2025

Prime Minister Narendra Modi cut short his two-day visit to Saudi Arabia and returned to New Delhi on Tuesday night following a deadly terrorist attack in Jammu and Kashmir. Modi, who held bilateral talks with Saudi Crown Prince Mohammed bin Salman in Jeddah, skipped an official dinner hosted on Tuesday to address the crisis. He was originally scheduled to return to India on Wednesday night. The attack, claimed by The Resistance Front (TRF), a proxy of the Pakistan-based Lashkar-e-Taiba (LeT) terrorist group, prompted an urgent internal meeting at the Ritz Carlton hotel in Jeddah, attended by Modi, National Security Adviser Ajit Doval, and other senior officials.

BJP asks Rahul Gandhi to explain 'frequent' Vietnam visits

BJP asks Rahul Gandhi to explain 'frequent' Vietnam visits

Rediff.com15 Mar 2025

The BJP has launched a fresh attack on Rahul Gandhi, questioning his frequent visits to Vietnam. The party's leaders have accused him of spending more time in the Southeast Asian country than his constituency and have demanded an explanation for his "extraordinary fondness" for Vietnam. Gandhi's foreign trips have been a target of the BJP's criticism in the past, with the party portraying him as unserious and unfit for domestic politics.

K'taka ex-minister Janardhana Reddy gets 7-year jail in mining case

K'taka ex-minister Janardhana Reddy gets 7-year jail in mining case

Rediff.com6 May 2025

A special CBI court in Hyderabad convicted former Karnataka minister and MLA Gali Janardhana Reddy and three others in the Obulapuram Mining Company (OMC) illegal iron ore mining case after a prolonged trial spanning nearly 14 years. The court sentenced them to seven years' imprisonment and imposed a fine of Rs 10,000 on each. Reddy was named accused number two. The court imposed a Rs 1 lakh fine on the company. The CBI took Reddy and others into custody soon after the judgment.

'Bull Market Has Ended'

'Bull Market Has Ended'

Rediff.com6 Mar 2025

'The bull market cycle ran for five years. It's the end of that cycle.' 'The next cycle is a down cycle, and in that down cycle, you will see the Sensex falling from their highs of around 68,000 to maybe 40,000-50,000 at the bottom of the cycle.'

Economy recovering from Q2 slowdown, says RBI bulletin

Economy recovering from Q2 slowdown, says RBI bulletin

Rediff.com24 Dec 2024

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. An article on the 'State of the Economy' in the December bulletin noted that the global economy continues to exhibit resilience with steady growth and moderating inflation.

How AI Will Disrupt The Job Market: Should India Worry?

How AI Will Disrupt The Job Market: Should India Worry?

Rediff.com25 Jun 2025

Despite the alarming figures on job displacement, AI is expected to generate millions of new roles, echoing historical trends of technological transformation.

'If You're Chewing Gum, That's Plastic'

'If You're Chewing Gum, That's Plastic'

Rediff.com5 Jun 2025

'At least 25 Olympic-sized swimming pools worth of plastic chewing gum gets dumped.' 'And because the way people spit it out, there's no possible way this plastic can be recycled.'

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.

Kejriwal spent Rs 31 lakh per month on Sheesh Mahal: BJP

Kejriwal spent Rs 31 lakh per month on Sheesh Mahal: BJP

Rediff.com5 Apr 2025

The BJP has accused AAP national convener Arvind Kejriwal of an "extravagant lifestyle" after an RTI reply revealed that Rs 3.69 crore was spent annually on maintaining his former bungalow. Delhi BJP president Virendra Sachdeva cited the RTI response, claiming that Kejriwal, who came to power on promises of serving the common man, is contradicting his promises with his lavish spending. The BJP is demanding an explanation from Kejriwal on the excessive maintenance costs.

BSF jawan detained after accidentally crossing into Pak; release talks on

BSF jawan detained after accidentally crossing into Pak; release talks on

Rediff.com24 Apr 2025

A Border Security Force (BSF) jawan was detained by Pakistan Rangers after accidentally crossing the Punjab border. Constable PK Sahu of the 182nd battalion was apprehended by the Rangers across the Ferozepur border. Sahu, a resident of West Bengal, was in uniform and carried his service rifle. A flag meeting is underway between the two forces to secure his release.

'By hosting 2036 Olympics, India will make a statement'

'By hosting 2036 Olympics, India will make a statement'

Rediff.com17 Jun 2025

India's bid to host the 2036 Olympics is not merely an attempt to make a statement internationally but also a well thought out plan to create world-class infrastructure, said Minister of State for Sports Raksha Khadse.

Ambedkar favoured smaller states; proposed MP, UP's division

Ambedkar favoured smaller states; proposed MP, UP's division

Rediff.com14 Apr 2025

Ambedkar argued that smaller states would allow citizens to have more control over public spending and governance.

Will BJP commit to 3% of GDP for defence spending?

Will BJP commit to 3% of GDP for defence spending?

Rediff.com12 Mar 2024

Neither the BJP, nor the Congress before it, made any manifesto commitments on defence spending, even though allocations have plummeted from 4 per cent of gross domestic product (GDP) in the late 1980s to less than 2 per cent today, points out Ajai Shukla.

Gensol promoters used firm like personal piggy bank: Sebi

Gensol promoters used firm like personal piggy bank: Sebi

Rediff.com17 Apr 2025

Gensol Engineering's promoters treated the listed company as a proprietary firm, diverting corporate funds to buy a high-end apartment in The Camellias, DLF Gurgaon, splurging on a luxury golf set, paying off credit cards, and transferring money to close relatives, Sebi revealed in its interim order.

GDP Growth Disappoints: Is There Hope?

GDP Growth Disappoints: Is There Hope?

Rediff.com8 Jan 2025

Headline growth was quite weak heading into the Covid period but averaged 6.4 per cent and 6.7 per cent in the five years between FY16 and FY20 for GVA and GDP respectively, points out Abhishek Upadhyay.

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

50 bps CRR cut will unlock Rs 1.16 lakh cr bank funds

50 bps CRR cut will unlock Rs 1.16 lakh cr bank funds

Rediff.com6 Dec 2024

To ease the potential liquidity stress, the Reserve Bank on Friday slashed Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, a move that would unlock Rs 1.16 lakh crore bank funds. The RBI on May 4, 2022 had raised CRR to 4.5 per cent from 4 per cent in an off-cycle Monetary Policy Committee (MPC) meeting, with effect from May 21 the same year.

Used-car Sales Likely To Outpace New Ones In FY26

Used-car Sales Likely To Outpace New Ones In FY26

Rediff.com4 Apr 2025

India's used car market, which has been growing steadily at 10-12 per cent over the last 2-3 years, is expected to reach $40 billion in FY26.

Improve Customer Service, Banks Told, Or Else!

Improve Customer Service, Banks Told, Or Else!

Rediff.com28 May 2025

In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.

If Kejriwal's Government Is Dismissed...

If Kejriwal's Government Is Dismissed...

Rediff.com9 Apr 2024

'Kejriwal could have easily deputed someone to step in as chief minister, but being the authoritative and self-centered personality that he is, he chose not to do it.' 'If the AAP loses Delhi, where it has a huge majority, the only one to blame would be Kejriwal,' asserts Ramesh Menon.

RBI lowers GDP growth projection to 6.5% for FY26

RBI lowers GDP growth projection to 6.5% for FY26

Rediff.com9 Apr 2025

Reserve Bank on Wednesday cut India's growth forecast to 6.5 per cent from 6.7 per cent estimated earlier for the current financial year on account of impact of global trade and policy uncertainties. Prospects of agriculture sector remain bright on the back of healthy reservoir levels and robust crop production in 2025-26, RBI Governor Sanjay Malhotra said while unveiling the outcome of the first bi-monthly Monetary Policy Committee meeting for the current financial year.

Can Modiji Fix The Economy's Problems?

Can Modiji Fix The Economy's Problems?

Rediff.com7 Jan 2025

'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.

Mid-tier IT firms outpaced larger peers' growth in FY25

Mid-tier IT firms outpaced larger peers' growth in FY25

Rediff.com22 May 2025

Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Most of these companies - such as Persistent Systems, Coforge, KPIT, and Mphasis - focus on niche businesses and industries that allow them to go deeper in terms of client mining and expanding wallet share from existing customers.

The Twins Who Scored Identical Marks In MBBS Exam

The Twins Who Scored Identical Marks In MBBS Exam

Rediff.com12 May 2025

Twins Rahin and Riba Hafezji chose books over social media and scored identical marks in their MBBS final exam.

'Deeply troubling': MEA on US funds for voting in India

'Deeply troubling': MEA on US funds for voting in India

Rediff.com21 Feb 2025

India on Friday said that the United States' administration's information regarding funding in India is 'deeply troubling' and has led to concerns regarding foreign interference in India's internal affairs.

Vibe Coding's Challenge For India's IT Cos

Vibe Coding's Challenge For India's IT Cos

Rediff.com14 May 2025

'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.