News for 'Business Council'

India holds out olive branch to Arab League to deepen trade

India holds out olive branch to Arab League to deepen trade

Rediff.com30 Oct 2017

Why should India buy olives from Europe when it could do so from the world's largest producers?

Modi to chair virtual BRICS Summit on Sep 9

Modi to chair virtual BRICS Summit on Sep 9

Rediff.com6 Sep 2021

The meeting will be attended by Russian President Vladimir Putin, Chinese President Xi Jinping, South African President Cyril Ramaphosa and Brazil's Jair Bolsonaro, according to the MEA.

Modi to visit US on June 22, Biden to host state dinner

Modi to visit US on June 22, Biden to host state dinner

Rediff.com10 May 2023

White House Press Secretary Karine Jean-Pierre said the upcoming visit will affirm the deep and close partnership between the United States and India.

National Innovation Council to set up $1-bn fund

National Innovation Council to set up $1-bn fund

Rediff.com15 Sep 2010

The newly constituted National Innovation Council (NIC) headed by Sam Pitroda, aims to have a $1-billion (around Rs 4,600 crore) fund to promote new ideas for inclusive development and innovation in the country.

WFI to seek suspension revocation through dialogue, puts legal challenge on hold

WFI to seek suspension revocation through dialogue, puts legal challenge on hold

Rediff.com16 Jan 2024

WFI decided that it will seek a dialogue with the Sports Ministry for revocation of its suspension, saying it does not want a clash with the government and the legal options will be explored only if talks fail.

Hope ICC suspending SLC doesn't affect our schedule: Mendis

Hope ICC suspending SLC doesn't affect our schedule: Mendis

Rediff.com12 Nov 2023

A concerned Sri Lanka skipper Kusal Mendis on Sunday hoped the ICC's suspension of the nation's cricket body will not affect the upcoming fixtures of the national team and the preparations for the men's U19 World Cup in Colombo early next year.

Nooyi bids farewell to USIBC

Nooyi bids farewell to USIBC

Rediff.com3 Jun 2010

Indra Nooyi, the outgoing chairman of the US-India Business Council, said that the two of the major achievements during her tenure were the signing of the US-India civilian nuclear deal - where the USIBC played a catalytic role in garnering support on Capitol Hill - and the univocal support extended by the members following the 26/11 Mumbai terror attacks.

'Absolutely unacceptable': US condemns attack on Indian consulate

'Absolutely unacceptable': US condemns attack on Indian consulate

Rediff.com21 Mar 2023

Raising pro-Khalistan slogans, the protesters on Sunday broke open the makeshift security barriers raised by the city police and installed two so-called Khalistan flags inside the Consulate premises. Two consulate personnel soon removed these flags.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

Biden appoints 2 Indian-Americans to advisory panel for trade policy

Biden appoints 2 Indian-Americans to advisory panel for trade policy

Rediff.com11 Mar 2023

On Friday, Biden announced his intent to appoint 14 people to the advisory committee, which provides overall policy advice to the United States trade representative on matters of development, implementation, and administration of the US trade policy.

What Puja Is Nirmalaji Performing?

What Puja Is Nirmalaji Performing?

Rediff.com19 Dec 2022

The FM flew to Chennai on Sunday to inaugurate Nandavanam, the central revenue quarters of the Central Board of Direct Taxes and Central Board of Indirect Taxes and Customs at Anna Nagar in Chennai.

'No One Can Escape If They Are Critical Of The Government'

'No One Can Escape If They Are Critical Of The Government'

Rediff.com4 Oct 2023

'This action sends out a very nasty message in a very strong way -- that nobody is exempt.' 'It is also an attempt to extend the definition of who is an anti-national, who's a terrorist, a definition that's becoming looser under this regime.' 'The sad part is that by the time the courts acquit those arrested, they would've spent years in jail and been taught a lesson.'

India's jewellery business has lost its lustre

India's jewellery business has lost its lustre

Rediff.com14 Nov 2018

There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.

Modi promises to make India the easiest place to do business

Modi promises to make India the easiest place to do business

Rediff.com26 Jan 2015

PM promised a tax regime that is predictable and competitive

'Ajit has choked Pawar politically'

'Ajit has choked Pawar politically'

Rediff.com21 Feb 2024

'Pawar is a fighter. He will fight back.'

A 10-Point Wishlist For Modi's Third Term

A 10-Point Wishlist For Modi's Third Term

Rediff.com14 Mar 2024

If Modi wants to leave a real legacy, breaking India's strategic triangulation would be the real gift, notes Shekhar Gupta.

Board set up to boost India-UK trade

Board set up to boost India-UK trade

Rediff.com14 Jan 2008

UK India British Council has set up an advisory board to boost trade relations between the two nations.

Business gets a reprieve on filing GST returns

Business gets a reprieve on filing GST returns

Rediff.com11 Nov 2017

'Significant reductions in the compliance obligations mean businesses earlier struggling to comply will now have enough time to prepare and comply within the extended timelines.'

Wrong to assume that sacked H-1B staffers have to leave America within 60 days: USCIS

Wrong to assume that sacked H-1B staffers have to leave America within 60 days: USCIS

Rediff.com28 Mar 2023

Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days, asserting they have multiple options to stay in the US. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.

GST collections rise to Rs 1.65 lakh cr in July

GST collections rise to Rs 1.65 lakh cr in July

Rediff.com1 Aug 2023

GST collection rose 11 per cent to over Rs 1.65 lakh crore in July as a result of anti-evasion measures and higher consumer spending. This is the fifth time since the rollout of the Goods and Services Tax (GST) regime that monthly collections have crossed the Rs 1.60 lakh crore mark -- making it the new normal. "Gross GST revenue collected in July is Rs 1,65,105 crore of which CGST is Rs 29,773 crore, SGST is Rs 37,623 crore, IGST is Rs 85,930 crore (including Rs 41,239 crore collected on import of goods) and cess is Rs 11,779 crore (including Rs 840 crore collected on import of goods)," the finance ministry said in a statement.

Amid Maha drama, uncertainties remain over cabinet expansion

Amid Maha drama, uncertainties remain over cabinet expansion

Rediff.com7 Jul 2023

Sources in the BJP said the expansion of the cabinet was unlikely before the session though the allocation of portfolios to the NCP ministers might happen in the coming days.

'Compulsions with Russia behind India's abstention from UNSC vote'

'Compulsions with Russia behind India's abstention from UNSC vote'

Rediff.com8 Mar 2022

The diplomat made the remarks replying to lawmakers' questions on New Delhi abstaining from several UN vote on Russian aggression against Ukraine.

Maharashtra assembly okays bill making it easy to cut trees

Maharashtra assembly okays bill making it easy to cut trees

Rediff.com28 Jul 2023

The Maharashtra legislative assembly on Friday passed a bill empowering local tree authorities to allow the felling of all types of trees without referring matters to the State Tree Authority.

Caste-based discrimination is now banned in US city of Seattle

Caste-based discrimination is now banned in US city of Seattle

Rediff.com28 Mar 2023

Seattle is not only the first American city to ban caste discrimination but is the first jurisdiction at any level globally outside South Asia to do so.

GST bill a 'game-changer' for India's growth: US trade body

GST bill a 'game-changer' for India's growth: US trade body

Rediff.com4 Aug 2016

The USIBC has encouraged a streamlined implementation of the GST.

6 years of GST: Rs 1.5 trillion monthly tax revenues becomes 'new normal'

6 years of GST: Rs 1.5 trillion monthly tax revenues becomes 'new normal'

Rediff.com29 Jun 2023

Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of Rs 1.5 lakh crore every month has become a new normal and tax officers are focusing on dealing with fraudsters who are adopting newer modus operandi to game the system, causing loss to the exchequer. To apprehend black sheep, who operate as syndicates and create fake entities on the basis of forged documents to claim input tax credit (ITC), tax officers have started using data analytics, artifical intelligence and machine learning aiming to curb evasion, which was over Rs 3 lakh crore since inception of GST. It was over Rs 1 lakh crore in 2022-23. Thinktank Global Trade Research Initiative (GTRI) said the most critical pending GST reform is upgradation of GST Network to prevent fake supplies and fraudulent claims of Input Tax Credit (ITC).

India's bid for permanent UN Security Council seat suffers blow

India's bid for permanent UN Security Council seat suffers blow

Rediff.com13 Aug 2015

United States, Russia and China oppose talks to reform the powerful United Nations body

'FICCI is focusing on start-ups'

'FICCI is focusing on start-ups'

Rediff.com19 May 2023

'For our traditional membership base, it would be an access to disruptive ideas,' FICCI President Subhrakant Panda tells Asit Mishra/Business Standard.

Bidens host largest-ever Diwali reception at White House

Bidens host largest-ever Diwali reception at White House

Rediff.com25 Oct 2022

United States President Joe Biden and First Lady Dr Jill Biden on Monday hosted a Diwali reception at the White House in what they called the largest since the People's House started celebrating the festival during the George Bush administration.

Mukesh Ambani, Adani to join Modi's business meetings in US

Mukesh Ambani, Adani to join Modi's business meetings in US

Rediff.com24 Sep 2014

Prime Minister Narendra Modi is not taking along an industry delegation to the US but top representatives of India Inc are likely to travel to New York and Washington to be part of the power-packed business meetings and receptions being hosted for him.

In historic rejig, Dhankhar inducts 50% women in RS panel

In historic rejig, Dhankhar inducts 50% women in RS panel

Rediff.com20 Jul 2023

Among the Rajya Sabha members who are the new vice-chairpersons are PT Usha, S Phangnon Konyak, Fauzia Khan, Sulata Deo, V Vijaysai Reddy, Ghanshyam Tiwari, L Hanumanthaiah and Sukhendu Sekhar Ray.

Big bonanza for BCCI's office bearers

Big bonanza for BCCI's office bearers

Rediff.com10 Apr 2023

An office bearer of the all-powerful BCCI will now be paid a daily allowance of US$ 1000 on foreign tours and will fly first-class.

Rajya Sabha Chairman orders probe into conduct of 12 Oppn MPs

Rajya Sabha Chairman orders probe into conduct of 12 Oppn MPs

Rediff.com21 Feb 2023

According to a Rajya Sabha bulletin, nine of the MPs are from the Congress and three from the AAP.

How To Prevent Terror On The High Seas

How To Prevent Terror On The High Seas

Rediff.com17 Apr 2024

The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).

'Xi didn't want to avoid Modi at G20'

'Xi didn't want to avoid Modi at G20'

Rediff.com27 Sep 2023

'We will likely never know why Xi decided not to travel to New Delhi. One possible explanation could be his desire to avoid a meeting with US President Joe Biden.'

Indian pharma exports to Iran decline thanks to its lower rupee reserves

Indian pharma exports to Iran decline thanks to its lower rupee reserves

Rediff.com3 Oct 2023

India's pharmaceutical exports to Iran have been hit owing to depleting rupee reserves in the West Asian country because of India stopping the import of crude oil from it in 2019 following US sanctions. Pharmaceutical exports dropped 71.25 per cent in April-August this year over the same period last year. The data from the Pharmaceutical Exports Promotion Council (Pharmexcil) showed exports to Iran had declined 31.29 per cent in 2022-23 as against the previous financial year.

GST: Success And The Way Forward

GST: Success And The Way Forward

Rediff.com12 Jul 2023

No longer a discretion of the tax administrator, the audit of returns filed by taxpayers is now based on a selection by algorithms, notes Tarun Bajaj.

Ron Somers is USIBC president

Ron Somers is USIBC president

Rediff.com21 Oct 2004

The US-India Business Council on Thursday announced the appointment of Ron Somers as the organisation's new president.

Apparel exports to Japan expected to grow by 20-25% annually

Apparel exports to Japan expected to grow by 20-25% annually

Rediff.com11 Feb 2023

Apparel exports to Japan are expected to grow by 20-25 per cent year on year from the current $220 million on account of rising opportunities for domestic exports, AEPC said on Saturday. Apparel Export Promotion Council (AEPC) said that rising opportunities due to changing geopolitical landscape, government supports like production linked incentive, mega park scheme, improving the quality standard, getting sustainable and utilising benefits of free trade agreements with major markets are the key growth drivers. To promote exports to Japan, the council is organising a two-day show in Gurugram.