As it signed its first oil trade deal with Nepal ending India's monopoly over fuel supplies, China on Wednesday expressed readiness for "friendly" talks with India to stabilise the landlocked country, reeling under acute fuel shortage due to a blockade of border points with India.
This announcement will widen the base of investors, especially mid-sized financial institutions.
Fuel cess, TDS on large cash payouts bid to destroy truckers and get foreign players in, says an industry body.
The Delhi high court will hear on Monday a plea by leading Bollywood producers seeking to restrain Republic TV and Times Now from making or publishing allegedly "irresponsible, derogatory and defamatory remarks" against the film industry and conducting media trials against its members on various issues. The lawsuit by four Bollywood industry associations and 34 leading producers, which was filed on October 12, will come up for hearing before Justice Rajiv Shakdher.
The military preparations underway show that the PLA may undertake operations this summer to achieve whatever objectives they could not achieve last May, asserts Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
This columnist cannot pretend to be an economic expert but can certainly point out that the statistics being reeled out on a daily basis now, have added to the economic burden of the people, says Seema Mustafa.
'India has an advantage because we produce more cotton and we have more workforce.'
'The Modi government's lack of foresight has compelled India to become an importer of vaccines today and even now, their "vaccine strategy is flawed and discriminatory'
India Inc on Friday said the hike in railway passenger and freight fares will help in resource mobilisation, hoping that the higher fares will lead to better quality and safety of services offered by the Indian Railways, while asking the government to allow FDI in Railways.
Two successive reports, one by Percy Mistry in 2007 and the other by Raghuram Rajan in 2008 had provided the RBI and the finance ministry with blueprints of what to do next. Both reports, unfortunately, was put on ice. The global meltdown saved the RBI. It also saved the finance ministry from having to work on the two reports.
All Sensex components ended in the red. SBI was the top loser, followed by ONGC, Axis Bank, ITC, Titan, Bajaj Auto, TCS and IndusInd Bank.
'You can see the essential contours of his new Pakistan strategy. Rather than keep engaging with or humouring them, he'd rather work on taking their four biggest supporters -- the US, China, the UAE and later Saudi Arabia -- away from them.' 'In his calculation,' says Shekhar Gupta, 'with the total support of all four of these, Pakistan will be forced to moderate its policies.'
After a long hiatus of more than 20 months, the government had on November 26 announced the resumption of scheduled international commercial flights from December 15.
Alert to the looming threat from the 'Omicron' variant, states began to re-tighten curbs and urgently trace people who arrived from abroad in the last one month while a demand to not allow flights from the affected countries was made by Delhi Chief Minister Arvind Kejriwal and Karnataka Chief Minister Basavaraj Bommai.
Despite the increase, at Rs 64.32 per litre ATF costs less than petrol and diesel.
The EU ambassador to India hoped the principle of equality will be upheld in the CAB. He also said that Pak must take action against terror groups.
'They need to be pro-active and take the pacers' challenge head on'
Strong month-end demand for the US currency mainly from oil importers along with currency futures expiry related purchases predominantly weighed heavily on the forex market and haunted investor sentiment.
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
Five people in the know narrate the sordid story that is fast exploding into a pornography scandal, allegedly involving businessman Raj Kundra.
'The killings are a worrisome escalation of tensions, but little is known about the immediate causes or results of the fight in Galwan and it is not possible, at this point, to assign blame'
The newspaper industry in the West may be reeling under the onslaught of the web but Steve Forbes, editor-in-chief, Forbes, and grandson of the founder of the magazine, believes there is a market for value-added content that people will pay for.
In his address at an extraordinary video conference of the G-20 leaders, Modi also urged the grouping to come out with a concrete action plan to fight the pandemic and said human beings rather than economic targets should be put at the centre of its vision for global prosperity and cooperation.
Reduction in fuel price was supposed to bring back good luck for Indian airlines. But with the global spread of coronavirus, airlines are being forced to rejig their network, cut flights, and delay launches.
At present 100% FDI is allowed, of which up to 49% investment in a company can be done through the automatic route
Sena criticised Modi's announcement of a credit line of $1 billion to Mongolia and asked why he can't show the same eagerness to help the distressed farmers of Maharashtra.
Several big budget movies, including one for Rs 300 crore on Karna and another Rs 1,000 crore movie based on Bhima, have been launched on the same model.
Higher levels could not be sustained as participants offloaded their long positions in view of September series expiry.
'It is no longer practical to expect parents to pay anywhere between $40,000 and $55,000 for the year or even half for the term if there is no clarity.'
The stubbornly high global crude oil prices are opening up a can of worms to heightened inflation risks and likely to disrupt government's fiscal maths along with deteriorating global financial conditions.
Photojournalist Chandu Mhatre, one of the first to reach Bhopal after India's worst industrial disaster ravaged the city, remembers his worst seven days, in a conversation with Vaihayasi Pande Daniel/Rediff.com.
.jpg)
The cap on FDI in retail has been totally removed, while the limit in insurance sector has been enhanced to 46 per cent.
The US side had pushed for removal of price caps on medical equipment such as coronary stents and a commitment by India to reduce trade imbalance
Pakistan played a 'key role' in fomenting the recent trouble in Kashmir, Home Minister Rajnath Singh has said.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
As news of explosions came in, the rupee initially plunged by over ten paise to Rs 45.97/99 from opening levels of Rs 45.8450/8600
Khan's visit evoked considerable interest in Beijing as it comes in the wake of his past criticism of the USD 50 billion China-Pakistan Economic Corridor projects and remarks by his ministers to cut down some of the projects over debt concern.
The measures to reduce the current account deficit should have focused far more on narrowing the trade imbalance, principally through export facilitation and linked FDI, says Nitin Desai.
'The history of Moody's India ratings tells its own story,' points out T N Ninan.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances