News for 'government spending'

'Came here as Didi not CM': Mamata's surprise visit to doctors' protest site

'Came here as Didi not CM': Mamata's surprise visit to doctors' protest site

Rediff.com14 Sep 2024

"I came to meet you as your 'didi' not as the chief minister," she said.

36 killed as overcrowded bus falls into gorge in Almora

36 killed as overcrowded bus falls into gorge in Almora

Rediff.com5 Nov 2024

A packed beyond capacity bus carrying passengers returning to work after Diwali fell into a deep gorge in Uttarakhand's Almora district on Monday, killing at least 36 of the over 60 people on board.

BJP States Go All Out With Populist Schemes

BJP States Go All Out With Populist Schemes

Rediff.com20 Jul 2024

Several BJP-backed state governments have unveiled schemes targeting the poor, women, farmers and students, following the party's setback in the Lok Sabha polls.

'Budget Hasn't Addressed Real Economy Issues'

'Budget Hasn't Addressed Real Economy Issues'

Rediff.com30 Jul 2024

'Generating employment requires a shift in policy.' 'If not, the country will face economic, social and political challenges in the coming years.'

Political uncertainty is main risk to GDP growth in 2024

Political uncertainty is main risk to GDP growth in 2024

Rediff.com20 Nov 2023

India's real GDP growth will decline marginally to 6.3 per cent in 2024 from the 6.4 per cent estimated for 2023, an American brokerage firm said on Monday. The next calendar year will be of two halves, wherein the government spending before the upcoming General Elections will be the key driver for growth, while after the elections, it will be the re-acceleration in investment growth, especially from the private sector, Goldman Sachs said in a report. From a fiscal year perspective, the brokerage said it expects growth to accelerate to 6.5 per cent for FY25 from the 6.2 per cent it has projected for the ongoing FY24, it added.

'After the devastation of Covid, I had expected a higher budget for health'

'After the devastation of Covid, I had expected a higher budget for health'

Rediff.com9 Feb 2023

'...to address the serious faultlines that had got exposed during the pandemic.' 'If the economy is looking up this year, we could have been allocated an increase of at least 20%.'

Will expose Rs 40k-cr scam under Yediyurappa govt if ...: BJP MLA

Will expose Rs 40k-cr scam under Yediyurappa govt if ...: BJP MLA

Rediff.com27 Dec 2023

Yatnal, who has launched a tirade against Yediyurappa and his family, especially after his second son BY Vijayendra was made the BJP state president, said there was large-scale corruption in coronavirus management during the BJP government.

CMs of 10 states skip Niti meet, Nitish busy with...., says CEO

CMs of 10 states skip Niti meet, Nitish busy with...., says CEO

Rediff.com27 Jul 2024

The meeting was attended by 26 participants including Chief Ministers and Lt Governors of UTs, he said while briefing the media.

2024 LS polls to be costliest ever at Rs 1.35 lakh cr

2024 LS polls to be costliest ever at Rs 1.35 lakh cr

Rediff.com25 Apr 2024

'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'

Goodbye Skipper!

Goodbye Skipper!

Rediff.com29 Nov 2024

'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'. 'He went on to explain to his perplexed, blue chip B-School audience that MBB stood for "Marwadi by birth"!' Shivanand Kanavi salutes Shashi Ruia, co-founder of the Essar group who passed into the ages on November 25, 2024 in Mumbai.

CEA Subramanian asks NSC to make junked consumer spending report public

CEA Subramanian asks NSC to make junked consumer spending report public

Rediff.com7 Dec 2020

The findings of the report showed consumer spending falling for the first time in over four decades in 2017-18.

Finmin reimposes spending curbs on ministries, depts for Q2

Finmin reimposes spending curbs on ministries, depts for Q2

Rediff.com1 Jul 2021

The finance ministry on Wednesday reimposed expenditure curbs on ministries and government departments for July-September quarter. There will be no spending restrictions on the ministries of health, rural development, agriculture, MSME (micro, small and medium enterprises) and railways as part of a two-pronged strategy. "The existing guidelines for expenditure control have been reviewed. "Keeping in view the evolving situation arising out of Covid-19 and anticipated cash position of the government, it is felt essential to regulate Quarterly Expenditure Plan (QEP)/Monthly Expenditure Plan (MEP) of specific ministries/departments for July-September, 2021," the Department of Economic Affairs in the finance ministry said in a notification.

Ratan Tata, The Rishi India Trusted Most

Ratan Tata, The Rishi India Trusted Most

Rediff.com12 Oct 2024

To me he always symbolised the sincere, confident, face of a Bharat whose rise is unstoppable. Ratan Tata was a Rishi who was unquestioningly trusted by people who never saw him and never met him, asserts Tarun Vijay, the former BJP MP.

'Russia Wants To Terrorise Ukraine'

'Russia Wants To Terrorise Ukraine'

Rediff.com21 Nov 2024

'Russia is aiming at demoralising Ukraine as a nation.' 'They want to bomb the infrastructure, the electric stations so that regular citizens will not to be able to live, to cook, to give comfort to their kids.'

Key numbers to watch out for in Sitharaman's 7th Budget

Key numbers to watch out for in Sitharaman's 7th Budget

Rediff.com23 Jul 2024

All eyes will be on whether Sitharaman provides the much-expected tax relief for the middle class, leaving more money in their hands, as there is tax buoyancy

'Vinesh deserved atleast a silver; this is injustice'

'Vinesh deserved atleast a silver; this is injustice'

Rediff.com15 Aug 2024

National Wrestling coach Virendra Dahiya believes that Vinesh Phogat at least deserved a silver medal after the Court of Arbitration for Sport (CAS) dismissed her appeal.

Anthony Quinn And The Kashmiri Anger

Anthony Quinn And The Kashmiri Anger

Rediff.com13 Sep 2024

'We called him Sher-e-Kashmir but we realised he was no lion but a pussycat who surrendered.'

'Rahul is more intellectual, better strategist than Rajiv'

'Rahul is more intellectual, better strategist than Rajiv'

Rediff.com5 Sep 2024

'I give a lot of credit to Rahul Gandhi for standing up and fighting it for a long time and surviving, nobody else would have been able to survive'

About time Modi spends money on military!

About time Modi spends money on military!

Rediff.com9 Jul 2021

The political-electoral calculus favours spending thousands of crores on vanity projects like Sardar Patel's statue and the Central Vista over building up our military to handle the confrontations and conflicts that loom large, points out Ajai Shukla.

The Spy Who Became A Farmer

The Spy Who Became A Farmer

Rediff.com7 Nov 2024

'Everything about farming is enjoyable and relaxing.'

Covid mutated 223 times, not that deadly anymore: Govt

Covid mutated 223 times, not that deadly anymore: Govt

Rediff.com9 Feb 2024

The COVID-19 virus got mutated 223 times in the world and its harmful effects have come down substantially over time, Union Health Minister Mansukh Mandaviya said in Lok Sabha on Friday.

'Bullet Trains Aren't An Issue For Polls'

'Bullet Trains Aren't An Issue For Polls'

Rediff.com18 May 2024

'When there are no good roads and no buses plying to villages, your spending on development is skewed.'

Google to spend $75 mn on women-led Indian startups

Google to spend $75 mn on women-led Indian startups

Rediff.com19 Dec 2022

Google is building voice and text search for over 100 Indian languages and will spend $75 million to support women-led startups in the country, said its CEO Sundar Pichai at the start of his visit to India - a nation that he saw as a big export economy. India, he said, will be a big export economy and it needs to create a balance between safeguarding citizens and enabling companies to innovate with its framework. Pichai first met Telecom and IT Minister Ashwini Vaishnaw and spoke at a Google for India 2022 event before calling on Prime Minister Narendra Modi.

Suu Kyi to spend 33 yrs in jail with fresh 7-yr sentence

Suu Kyi to spend 33 yrs in jail with fresh 7-yr sentence

Rediff.com30 Dec 2022

Myanmar's former democratically-elected leader has been under house arrest since a military ousted her government in a coup in February 2021.

Ease fiscal deficit, look at higher spend for future: Assocham president to FM

Ease fiscal deficit, look at higher spend for future: Assocham president to FM

Rediff.com18 Jan 2021

As spending on infrastructure has three times the desired impact, the government's Rs 111 trillion National Infrastructure Pipeline should be accelerated: Assocham president, Vineet Aggarwal

Cong's 1/3rd PM jibe ahead of Modi's visit to Varanasi

Cong's 1/3rd PM jibe ahead of Modi's visit to Varanasi

Rediff.com18 Jun 2024

Ramesh asked the PM why river Ganga is "dirtier than before" even after spending Rs 20,000 crore on the Namami Gange project.

Biden proposes over $25 bn spend in Indo-Pacific to out-compete China

Biden proposes over $25 bn spend in Indo-Pacific to out-compete China

Rediff.com10 Mar 2023

This includes over $15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and $9 billion for shoring up American defence in the region.

Gross tax revenue up 2.8% at rs 8.9 trillion so far in FY24

Gross tax revenue up 2.8% at rs 8.9 trillion so far in FY24

Rediff.com1 Sep 2023

India's gross tax revenue, comprising both direct and indirect taxes between April and July, reported a growth rate of merely 2.8 per cent to Rs 8.9 trillion compared to the same period a year ago, as shown by government data on Thursday. This growth was dampened by direct tax figures, offsetting the healthy growth in goods and services tax collections and Customs duties. While net tax revenue contracted by 12.6 per cent to Rs 5.8 trillion up to July, accounting for 25 per cent of the Rs 23.3 trillion full-year target, this could be attributed to the increased tax devolution to states during the period.

'Markets Could Crash 40-50% If...'

'Markets Could Crash 40-50% If...'

Rediff.com10 May 2024

'If the NDA comes to power with 320-330 plus seats, then we could see some correction. We could possibly see a level of 19,500 to 20,000.' 'If the NDA comes to power with a majority of 400-plus, we could see the markets going to about 23,500-24,000 levels.' 'And from there we could see some correction because markets are expensive at this point of time and a correction is overdue.'

AAP's Satyendar Jain gets bail after 2 yrs; party says BJP plot failed

AAP's Satyendar Jain gets bail after 2 yrs; party says BJP plot failed

Rediff.com19 Oct 2024

The AAP hailed a Delhi court granting bail to Satyendar Jain describing the decision as a victory of truth and the defeat of another BJP "conspiracy".

Abhishek won't be cowed down by Olympic-sized pressure

Abhishek won't be cowed down by Olympic-sized pressure

Rediff.com15 Jul 2024

Abhishek asserted that he is someone who doesn't buckle under pressure.

BSE-listed firms' m-cap touch record high of Rs 337.67 lakh crore

BSE-listed firms' m-cap touch record high of Rs 337.67 lakh crore

Rediff.com1 Dec 2023

The combined market capitalisation of BSE-listed companies hit an all-time high of Rs 337.67 lakh crore ($4 trillion) on Friday amid a rally in equities, mainly on account of favourable macroeconomic data and continuous foreign fund inflows. Rising for the fourth straight day, the 30-share BSE Sensex jumped 492.75 points or 0.74 per cent to settle at 67,481.19 points. During the day, it rallied 575.89 points or 0.85 per cent to 67,564.33 points.

Nifty hits life-time high, Sensex jumps 493 points

Nifty hits life-time high, Sensex jumps 493 points

Rediff.com1 Dec 2023

Among the Sensex firms, ITC, NTPC, Axis Bank, Larsen & Toubro, Bajaj Finance, Asian Paints and Tata Steel were the major gainers. Mahindra & Mahindra, Wipro, Maruti, IndusInd Bank, Kotak Mahindra Bank and HDFC Bank were among the laggards.

'We Are Voting For The Next Chief Minister'

'We Are Voting For The Next Chief Minister'

Rediff.com27 Sep 2024

A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.

Arrest warrant issued against Prajwal Revanna

Arrest warrant issued against Prajwal Revanna

Rediff.com19 May 2024

The court issued the warrant in connection with the sexual assault case registered against Prajwal on Saturday in which his father and Holenarasipura MLA H D Revanna is also an accused.

'Government is doing the right thing'

'Government is doing the right thing'

Rediff.com27 Jul 2022

'It is building the country's infrastructure, and delivering it very efficiently.'

Modi opens 3024 Delhi flats for poor, takes swipe at AAP's publicity spend

Modi opens 3024 Delhi flats for poor, takes swipe at AAP's publicity spend

Rediff.com2 Nov 2022

He said his government's goal is to make Delhi a grand city equipped with all the facilities as expected of the capital of the country.

Budget 2024: FM exhorts states to take up next-gen reforms agenda

Budget 2024: FM exhorts states to take up next-gen reforms agenda

Rediff.com24 Jul 2024

In her Budget speech, Finance Minister Nirmala Sitharaman on Tuesday underlined the need for collaboration between the Centre and states to take up the next-generation reforms covering land, labour, capital and entrepreneurship. As far as revenue share goes, the government has projected to give about 32.5 per cent of central taxes to states during FY25, against the 15th Finance Commission's recommendation of 41 per cent, according to the Union Budget estimate.

Tracking non-food retail inflation trends in India

Tracking non-food retail inflation trends in India

Rediff.com4 Sep 2024

Amid a debate on the basis of a monetary policy stance, one may be curious enough to know how non-food retail inflation has behaved over the years in India. Let the eager souls catch a glimpse of facts. In the past 10 years, non-food inflation came down below 4 per cent on two occasions - pre-Covid period of 2019-20 and now in the first four months of the current financial year (FY25).

Villages To Safeguard India's Borders

Villages To Safeguard India's Borders

Rediff.com26 Sep 2024

In underlining the role of border villages as custodians of India's frontiers, New Delhi is following China's example in Tibet.