News for 'Business Council'

UK students eager to gain work experience in India

UK students eager to gain work experience in India

Rediff.com4 Aug 2009

Ten British students from various universities have begun their work experience with Indian companies on winning the UK-India Business Council Scholarship scheme 2009. The 10 students have secured paid work experience with a range of companies based in India from banks to social enterprises. The scholarship offers an opportunity to gain work experience in an emerging market and adds to their attractiveness as a potential employee.

Kerala floods: Businesses may have to return GST credit on destroyed goods

Kerala floods: Businesses may have to return GST credit on destroyed goods

Rediff.com31 Aug 2018

The business would also not be allowed to claim any un-availed input tax credit for "goods lost" or "destroyed".

12 Modi Myths Election Results Busted

12 Modi Myths Election Results Busted

Rediff.com11 Jun 2024

'Besides Ayodhya, the BJP lost in nine other constituencies with a Ramayana imprint; it tasted success only in Thrissur.' 'In Rameswaram, K Navaskani of the Indian Union Muslim League won with a 44% voteshare in a 84% Hindu constituency.' 'In the 21 seats in the Ayodhya and Varanasi regions, both crucial to the Hindutva project, the BJP won just 7.' 'It won just 3 out of 12 seats around Modi's constituency,' points out Krishna Prasad.

Indo-US 2+2 dialogue to be held in November: FS

Indo-US 2+2 dialogue to be held in November: FS

Rediff.com4 Sep 2021

The last meeting of the 2+2 was held in New Delhi and the next meeting is to be hosted by the US in Washington, DC.

Jamiat, 2 firms booked for issuing 'forged' halal certificates to boost sales

Jamiat, 2 firms booked for issuing 'forged' halal certificates to boost sales

Rediff.com18 Nov 2023

The case has been registered against entities such as the Halal India Private Limited Chennai, Jamiat Ulama-i-Hind Halal Trust Delhi, Halal Council of India Mumbai, Jamiat Ulama Maharashtra and others for allegedly exploiting religious sentiments to boost sales by providing halal certificates to customers of a specific religion, the UP government said in a statement on Saturday.

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga becomes first Indian-American to head World Bank

Rediff.com3 May 2023

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."

Gaming site MPL lays off 350 people after GST rate hike

Gaming site MPL lays off 350 people after GST rate hike

Rediff.com8 Aug 2023

Online sports platform Mobile Premier League has laid off around 350 people or about half of India team to cut down on expenses and bear the burden of increased GST of 28 per cent, according to an internal company email. The GST Council has decided to levy a 28 per cent GST on online gaming and casinos on the face value of bets at the entry level. The Centre will bring amendments to the Central GST law in the ongoing monsoon session of Parliament, following which states will pass the amendments in their respective assemblies to pave the way for the introduction of changes in the law by October 1.

Life insurance companies clock 25.28% drop in premiums

Life insurance companies clock 25.28% drop in premiums

Rediff.com8 Dec 2023

The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago. The fall in group premium and change in taxation norms for policies with a higher ticket size dragged the premiums of the state-run Life Insurance Corporation of India (LIC) and private insurers, respectively. According to the data released by the Life Insurance Council, the premium of private insurers slipped 9.33 per cent Y-o-Y to Rs 10,360.29 crore from Rs 11,426.73 crore as a result of a change in product mix due to the measures taken to counter the impact of tax imposed on the premiums of Rs 5 lakh.

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.

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?

Maruti India's gearshift to growth: Turbocharging the product portfolio

Maruti India's gearshift to growth: Turbocharging the product portfolio

Rediff.com1 Apr 2024

The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.

Loss At Byju's May Only Be Tip Of Iceberg

Loss At Byju's May Only Be Tip Of Iceberg

Rediff.com18 Nov 2023

'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'

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.

'This week can change history'

'This week can change history'

Rediff.com21 Jun 2023

Describing the state visit of Prime Minister Narendra Modi to America as a "watershed moment" in bilateral ties, US Ambassador to India Eric Garcetti has said that this week will be one of those moments that can change the course of history as the two democracies get together for peace and prosperity.

India deploys S-400 missile units on China, Pakistan border

India deploys S-400 missile units on China, Pakistan border

Rediff.com30 Oct 2023

The Russian and Indian officials would be soon meeting again to discuss the final delivery schedule of the remaining two missile squadrons, sources said.

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

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.

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

High on G20 bonhomie, India readies 4th summit with African Union

High on G20 bonhomie, India readies 4th summit with African Union

Rediff.com3 Oct 2023

Keen to capitalise on the growing geopolitical support from African nations after the recently concluded G20 Summit, India is working with the African Union to hold the fourth India-Africa Forum Summit later this year in Kenya's Nairobi, sources said. Prime Minister Narendra Modi is expected to attend the mega meet along with as many as 50 African leaders, they added. First held in New Delhi in 2008, the India-Africa Forum Summit marked India's initial diplomatic efforts to seek a comprehensive partnership with the African bloc of nations as a whole, at a time when China had begun its own outreach.

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.

New Bill May Throttle OTT

New Bill May Throttle OTT

Rediff.com7 Dec 2023

'Subjecting each such creative content to scrutiny will impose burdens on the OTT platforms and impact user experience.'

Confused over UV definition, car companies await govt notification on cess

Confused over UV definition, car companies await govt notification on cess

Rediff.com20 Jul 2023

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Inspiring! These Women Followed Their Dreams!

Inspiring! These Women Followed Their Dreams!

Rediff.com7 Mar 2024

As we celebrate women achievers who are excelling in their careers, here are incredible tales of hard work and perseverance to inspire you this week.

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.

Uddhav Sena leader spotted with Dawood aide at dance party; probe ordered

Uddhav Sena leader spotted with Dawood aide at dance party; probe ordered

Rediff.com15 Dec 2023

Sudhakar Badgujar, the leader in question, denied the allegations while speaking at a news conference in Nashik.

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.'

'Rs 1.7 trillion may be GST average collection next FY'

'Rs 1.7 trillion may be GST average collection next FY'

Rediff.com18 Feb 2024

'We crossed Rs 1.7 trillion in three months this financial year.'

Spot-fixer Salman Butt in PCB's national selection panel

Spot-fixer Salman Butt in PCB's national selection panel

Rediff.com1 Dec 2023

Butt was suspended for five years for his role in spot-fixing during the Pakistan and England Test match in August, 2010.

Regulate Big Tech's AI Now!

Regulate Big Tech's AI Now!

Rediff.com21 Mar 2024

Regulators must learn from past mistakes and act swiftly to prevent Big Tech from monopolising the AI ecosystem, argue Payal Malik and Nikita Jain.

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

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.

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.

Bhujbal's resignation not accepted; CM can clarify: Fadnavis

Bhujbal's resignation not accepted; CM can clarify: Fadnavis

Rediff.com4 Feb 2024

The disclosure by Chhagan Bhujbal that he resigned as a minister last November has put a focus on the Maratha quota tightrope the Eknath Shinde-led government is walking amid restlessness in OBCs, with Shiv Sena-Uddhav Balasaheb Thackeray claiming Bhujbal and the Bharatiya Janata Party are hand in glove.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

The IPL's Pay Problem

The IPL's Pay Problem

Rediff.com1 Jan 2024

Lower-paid IPL players, domestic or foreign, should be able to try their luck in other T20 tournaments.

Rollout of new PLIs unlikely as govt eyes 'course correction'

Rollout of new PLIs unlikely as govt eyes 'course correction'

Rediff.com14 Oct 2023

The government has decided to hold off introducing the production-linked incentive (PLI) scheme for additional sectors until it verifies the efficacy of existing initiatives. Top government officials have received mixed feedback on the scheme, including insights from the Economic Advisory Council to the Prime Minister, people aware of the matter said. "There are no new PLI schemes in the offing.

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.

Maratha quota: Curfew in Beed as protests turn violent

Maratha quota: Curfew in Beed as protests turn violent

Rediff.com31 Oct 2023

A group of Maratha reservation activists torched the first floor of the Majalgaon Municipal Council building and vandalised it in Maharashtra's Beed district, soon after setting on fire the residence of local NCP MLA Prakash Solanke on Monday, the police said.

'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.