News for 'government spending'

Blue Economy Needs Strong Navy Protection

Blue Economy Needs Strong Navy Protection

Rediff.com7 Jan 2025

Naval assets take years to build, and therefore, not only is futuristic force planning essential, but indigenous projects must also be put into the pipeline, technologies developed and contracts for assets signed regularly so that the Indian Navy always remains a future-focussed force, asserts Vice Admiral Biswajit Dasgupta (retd).

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.

Sena MP makes dean clean toilet of Nanded hospital where 31 died in 48 hrs

Sena MP makes dean clean toilet of Nanded hospital where 31 died in 48 hrs

Rediff.com3 Oct 2023

The video shows Patil handing a broom to the acting dean, S R Wakode, and making him clean a toilet and wall-mounted urinals.

Modi keeps promises: PM assures Kashmiris on statehood

Modi keeps promises: PM assures Kashmiris on statehood

Rediff.com13 Jan 2025

Prime Minister Narendra Modi on Monday asserted that he would keep promises he had made to the people of Jammu and Kashmir, a statement seen as an oblique reference to the demand for restoration of statehood voiced strongly by Chief Minister Omar Abdullah.

Rural spending has skyrocketed but defence hit badly

Rural spending has skyrocketed but defence hit badly

Rediff.com10 Jul 2020

Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.

Funeral of 12 Kuki-Zo youths to be held in Manipur amid shutdown call

Funeral of 12 Kuki-Zo youths to be held in Manipur amid shutdown call

Rediff.com4 Dec 2024

The funeral of 12 Kuki-Zo youths, including 10 killed in a gunfight with the CRPF in Jiribam district, will take place in Churachandpur on Thursday. The Indigenous Tribal Leaders' Forum (ITLF) has called for a complete shutdown in Churachandpur in honour of the deceased men. The funeral will be attended by Mizoram Chief Minister's Adviser H Ginzalala.

Boost Consumption Of The Poorest 80 Crores And Not The Richest Eight Crores

Boost Consumption Of The Poorest 80 Crores And Not The Richest Eight Crores

Rediff.com15 Jul 2024

There are reports that the government will soon cut income taxes by about Rs 50,000 crore to boost consumption.
Prime Minister Modi, I suggest that, instead, you distribute about one lakh crore rupees per year to the 80 crore poor, which will boost both consumption and economic growth, suggests Kalyan Singhal, McCurdy Professor of Business at the University of Baltimore.

'Focus Is To Maintain The Casa Ratio'

'Focus Is To Maintain The Casa Ratio'

Rediff.com8 Nov 2024

'It has remained around 38 per cent over the past four to five quarters.'

Rijiju interacts with Chinese soldiers near Tawang

Rijiju interacts with Chinese soldiers near Tawang

Rediff.com1 Nov 2024

Union minister Kiren Rijiju on Friday said he interacted with soldiers of China's People's Liberation Army along the Sino-Indian border near Tawang during a visit to an Indian Army post on Diwali.

CAG picks holes in Gujarat government's financial practices

CAG picks holes in Gujarat government's financial practices

Rediff.com29 Mar 2023

The Comptroller and Auditor General of India (CAG) has pointed out several flaws in the financial practices of the Gujarat government and said there was a need to formulate a realistic budget based on the needs of the departments.

Jharkhand power couple proves influence over tribal votes

Jharkhand power couple proves influence over tribal votes

Rediff.com23 Nov 2024

Call it a charismatic show by the power couple -- Hemant Soren and Kalpana Soren -- whom the Bharatiya Janata Party had dubbed as 'Bunty aur Babli', Jharkhand's Jharkhand Mukti Morcha is on track to secure a second consecutive term as part of the Indian National Developmental Inclusive Alliance (INDIA).

Poll Schemes Threaten Maharashtra's Finances

Poll Schemes Threaten Maharashtra's Finances

Rediff.com4 Nov 2024

Schemes like the Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items.

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

Have Indian regulators made the system more transparent?

Have Indian regulators made the system more transparent?

Rediff.com8 Oct 2024

Union Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a "world-class job" and bringing greater transparency into the system. Underlining that she is not against questioning or critiquing regulators, Sitharaman said there is a need to be "extremely conscious" about contributions made by them as well. Speaking at the Financial Express Best Banks Awards, the finance minister said, "I strongly recommend that facts are taken on board before we discuss anything to do with the regulators, strictly speaking."

GDP growth slows to 2-year low of 5.4% in Q2

GDP growth slows to 2-year low of 5.4% in Q2

Rediff.com29 Nov 2024

India's economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy, data showed on Friday. The gross domestic product (GDP) had expanded by 8.1 per cent in the July-September quarter of 2023-24 fiscal. The previous low level of GDP growth at 4.3 per cent was recorded in the third quarter (October-December 2022) of financial year 2022-23.

Budget: Nirmalaji's Huge Rural Sector Challenge

Budget: Nirmalaji's Huge Rural Sector Challenge

Rediff.com20 Jul 2024

Alloting more funds for MNREGA and PM-KISAN could wipe out the entire additional money that the Centre may have for FY25.

Indian youth tricked into Ukraine war recalls horror

Indian youth tricked into Ukraine war recalls horror

Rediff.com14 Sep 2024

The youth said he was taken close to the frontline but his health deteriorated after spending sleepless nights as the war raged on.

'No Doctor Opens A Hospital These Days'

'No Doctor Opens A Hospital These Days'

Rediff.com25 Oct 2024

'Healthcare is not an industry.' 'The government is only encouraging insurance as they are not able to provide healthcare to people.' 'Opening new medical colleges is not what is needed.' 'You have to invest in public sector hospitals.' 'You cannot hand over healthcare to the private industry.'

Jagdish Bhagwati eyes role in Modi government

Jagdish Bhagwati eyes role in Modi government

Rediff.com25 Apr 2014

Eminent Indian-born economist Jagdish Bhagwati, who is positioning himself to advise Narendra Modi if the opposition leader becomes India's next prime minister, would urge him to allow more foreign investment and trade to spur slow growth and curtail government spending.

Air India to Spend $400 Million On...

Air India to Spend $400 Million On...

Rediff.com12 Jun 2023

... changing seats and in-flight entertainment on its older aircraft.

Wrestlers spend night on footpath; seek national backing

Wrestlers spend night on footpath; seek national backing

Rediff.com25 Apr 2023

Wrestlers threaten Supreme COurt action over sexual harassment allegations against WFI President

upGrad Course Free For 100,000 Learners

upGrad Course Free For 100,000 Learners

Rediff.com18 Oct 2024

Intern-Zip will teach 'technical savviness', soft skills and professional development. It would skill individuals in Microsoft Office and ChatGPT. It will include communication, problem-solving, time management, professional grooming, and networking.

Fitch retains India rating with stable outlook on strong growth, fiscal credibility

Fitch retains India rating with stable outlook on strong growth, fiscal credibility

Rediff.com29 Aug 2024

Global rating agency Fitch on Thursday affirmed India's 'BBB-' rating with a stable outlook on strong growth outlook and fiscal credibility. Fitch said India is set to remain among the fastest-growing sovereigns globally with GDP growth of 7.2 per cent in the current fiscal year and 6.5 per cent in FY26, down from 8.2 per cent in FY24. "Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," the global rating agency said in a statement.

Former vice chief of army staff is Prashant Kishor's bypoll pick

Former vice chief of army staff is Prashant Kishor's bypoll pick

Rediff.com16 Oct 2024

Prashant Kishor's Jan Suraaj Party on Wednesday named former vice chief of army staff, Lieutenant General Krishna Singh, as its candidate for the bypoll to Tarari assembly seat in Bihar.

'Growth will happen only with higher govt spending'

'Growth will happen only with higher govt spending'

Rediff.com27 Jan 2020

'Slowing down of the economy was mainly due to the demonetisation shock...' 'If you cut off the oxygen supply to a patient in the ICU and the patient dies, the patient does not come alive again when you restore the oxygen supply.'

Those born with a silver spoon in mouth....: Ajit Pawar slams Oppn

Those born with a silver spoon in mouth....: Ajit Pawar slams Oppn

Rediff.com29 Aug 2024

Pawar urged people not to fall prey to the Opposition's "fake campaigns", highlighting government schemes for the youth, women, Warkaris (followers of Lord Vithoba) and others.

'Our India centre is a hub for global innovation'

'Our India centre is a hub for global innovation'

Rediff.com8 Jan 2025

'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'

In Saheb vs Dada battle in Baramati, people are king

In Saheb vs Dada battle in Baramati, people are king

Rediff.com16 Nov 2024

The respect for the four-time former chief minister, often referred to as Saheb, in his stronghold of western Maharashtra is palpable in much of the region. But his estranged nephew also appears to enjoy a stature of his own in Baramati, a constituency represented by the senior Pawar for six terms before he passed the baton to Ajit Pawar in 1991.

RG Kar: 'My Daughter Was Killed Elsewhere'

RG Kar: 'My Daughter Was Killed Elsewhere'

Rediff.com23 Jan 2025

'A murder has occurred in the room, but there were no signs of struggle.' 'RG Kar says the body was discovered at 9:30 am. But the media was informed at 8:30 am.' 'We realised that crucial evidence was being destroyed.' 'She had several bite marks on her neck, but no swab was collected.' 'My daughter had 28 injuries on her body. But there was no DNA of the assailant under her nails.' 'Are you saying she did not try to defend herself?'

Stock markets edge down on STT, LTCG hike

Stock markets edge down on STT, LTCG hike

Rediff.com23 Jul 2024

Adani Ports, NTPC, Infosys, Hindustan Unilever, HCL Technologies and Sun Pharma were among the other big gainers. However, Larsen & Toubro, Bajaj Finance, State Bank of India, Axis Bank and HDFC Bank were amonh the major laggards.

RBI conducts 4-day VRRR auction as overnight rates fall below repo

RBI conducts 4-day VRRR auction as overnight rates fall below repo

Rediff.com6 Feb 2024

The Reserve Bank of India (RBI) on Monday did a four-day variable rate reverse repo (VRRR) auction to reduce liquidity in the banking system as the overnight money market rates fell below the repo rate, said market participants. The repo rate is 6.50 per cent. Banks parked Rs 18,750 crore at the auction against a notified amount of Rs 50,000 crore at a weighted average rate of 6.49 per cent.

Nearly 28% urban Indians plan to spend on gold this Diwali

Nearly 28% urban Indians plan to spend on gold this Diwali

Rediff.com22 Sep 2021

Nearly 28 per cent of urban Indians are planning to spend on gold in the next three months, signalling a renewed appetite for the yellow metal amid the waning effects of second wave of COVID-19, as per a survey. The gems and jewellery industry, which was impacted by the COVID-induced disruptions in 2020, had shown signs of recovery in January-March this year. However, the second wave of the pandemic put a halt to it. Businesses are beginning to look up as state governments are slowly easing restrictions on movements, and organised retailers are hoping consumer demand to show positive sentiment during the festive season this year.

Have you been scammed by fake Kerala lottery online?

Have you been scammed by fake Kerala lottery online?

Rediff.com21 Aug 2024

The police took action after cyber patrolling revealed that 60 fake lottery apps, 25 fake Facebook profiles and 20 websites are connected to the scam, the SPMC release said.

Taxes comprise 63% in govt coffer: Budget documents

Taxes comprise 63% in govt coffer: Budget documents

Rediff.com23 Jul 2024

For every rupee in the government coffer, the biggest pie of 63 paise will come from direct and indirect taxes, according to the Union Budget 2024-25 documents.

Odisha crash: How much did Railways spend on safety

Odisha crash: How much did Railways spend on safety

Rediff.com5 Jun 2023

The railways has spent more than Rs 1 lakh crore on safety measures between 2017-2018 and 2021-22 with a steady growth in expenditure on track renewal, according to an official document.

The Swades State Of Mind

The Swades State Of Mind

Rediff.com19 Dec 2024

As Swades turns 20, Aseem Chhabra looks back at the film that spoke to him.

Agitating docs continue 'cease work', seek fresh meet with Mamata

Agitating docs continue 'cease work', seek fresh meet with Mamata

Rediff.com18 Sep 2024

The protestors called the state's administrative measures "only partial victory" of their movement.

10 Times Arvind Kejriwal Made Headlines

10 Times Arvind Kejriwal Made Headlines

Rediff.com18 Sep 2024

From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.

Jimmy Carter's India Connection

Jimmy Carter's India Connection

Rediff.com9 Jan 2025

Lillian Carter, a trained nurse and a Peace Corps worker, spent two years of her life, when she was in her late 60s, serving the poor in India, in the 1960s. She was posted as a volunteer to Vikhroli, then a village 30 km outside of Mumbai and a Godrej township, and was there from 1966 to 1968.

'Exhausted In This Long Fight For Justice'

'Exhausted In This Long Fight For Justice'

Rediff.com9 Oct 2024

Two months after a junior doctor was brutally raped and killed, the doctors' protest in Kolkata rages on.