The Union government on Thursday announced a hike in minimum wage rates for workers up to Rs 1,035 a day by revising variable dearness allowance. Image used for representational purpose only.......
Former President A P J Abdul Kalam, who passed into the ages on Monday, had spoken to Rediff.com in 2008. We republish the feature. Former President A P J Abdul Kalam kindly......
The finance ministry expects a broad-based moderation in inflationary pressures on the back of an anticipated reduction in food prices as a result of the uptick in summer sowing. Photograph: PTI......
'Revision of the base year for both CPI and GDP are long overdue.''The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.''We have since seen the......
'When you need to revive the economy, when you need to revive aggregate demand, you cut taxes.''But what's this government doing?''It's increasing taxes for the middle class and the vast majority......
Inflation has reappeared as a global issue in both advanced and emerging economies and India needs to be wary of "imported inflation", especially due to high oil prices, according to the Economic......
'There will always be a challenge to maintain a fine balance to ensure that growth keeps happening and inflation is contained.' Illustration: Dominic Xavier/Rediff.com Sanjiv Mehta, chairman and......