News for 'Department for International Development in India'

India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

Rediff.com31 Mar 2023

The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime. Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed, said Director General of Foreign Trade (DGFT) Santosh Sarangi while briefing media about FTP 2023. Earlier, Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023.

US eases travel advisory for India

US eases travel advisory for India

Rediff.com17 Aug 2021

The new travel advisory came in the wake of the significant improvement in Covid situation in India.

China violated sovereignty of several nations including India: US

China violated sovereignty of several nations including India: US

Rediff.com9 Feb 2023

China has 'violated the sovereignty' of not just the United States but of countries across five continents, Secretary of State Antony Blinken alleged Wednesday, days after US fighter jets shot down a Chinese surveillance balloon.

Biden, Modi likely to take forward GE jet engine deal

Biden, Modi likely to take forward GE jet engine deal

Rediff.com8 Sep 2023

United States President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report.

Delhi govt says G20 beautification work will continue

Delhi govt says G20 beautification work will continue

Rediff.com11 Sep 2023

The Delhi government will extend its beautification efforts to all parts of the national capital after G20 designated parts of the city witnessed a facelift for the international summit, cabinet ministers Atishi and Saurabh Bharadwaj announced on Monday.

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

Rediff.com17 Dec 2023

In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.

Emails show Air India top brass aware of 'peeing' incident

Emails show Air India top brass aware of 'peeing' incident

Rediff.com21 Jan 2023

According to e-mails accessed by ANI, the Air India cabin crew supervisor had reportedly sent out emails on November 27 at around 1 pm to the head of the Inflight Service Department (IFSD), base operations in India, Lead HR head of IFSD, and head of the northern region of IFSD and of complaints (customer care), informing them about the incident.

Bharat Biotech's nasal Covid vaccine iNCOVACC launched

Bharat Biotech's nasal Covid vaccine iNCOVACC launched

Rediff.com26 Jan 2023

'iNCOVACC' is priced at Rs 800 for private markets and at Rs 325 for supplies to the government of India and state governments.

Bilateral trade deal: India to import pork from US

Bilateral trade deal: India to import pork from US

Rediff.com12 Jan 2022

India has agreed to allow import of pork and pork products from the US as a part of a bilateral trade deal which will facilitate export of Indian mangoes and pomegranate to the US. The development comes months after the two governments renewed the India US Trade Policy Forum (TPF), after which both nations agreed to iron out thorny issues that included market access issues pertaining to the agriculture sector.

219 killed in Manipur violence, govt will ensure justice to women: Guv

219 killed in Manipur violence, govt will ensure justice to women: Guv

Rediff.com28 Feb 2024

Addressing the Manipur assembly during the commencement of the budget session, she said that 198 companies of central armed police forces and 140 army columns have been deployed along with state forces to maintain law and order.

'Technology' appears 44 times in Modi-Biden statement, up from 5 three years ago

'Technology' appears 44 times in Modi-Biden statement, up from 5 three years ago

Rediff.com24 Jun 2023

From the seas to the stars, this partnership will now be deepened by the defining role of technology, the statement said.

'First Congress Candidate To Get Vote From A Thackeray'

'First Congress Candidate To Get Vote From A Thackeray'

Rediff.com9 May 2024

While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.

Blinken announces $25 million for India's Covid vaccination drive

Blinken announces $25 million for India's Covid vaccination drive

Rediff.com28 Jul 2021

At a media briefing after talks with Blinken, External Affairs Minister S Jaishankar thanked the US for its 'truly exceptional' support to India during the second wave of the pandemic and for keeping the supply chain for raw material open for vaccine production in India.

IMF cuts India's growth to 6.1% for FY23

IMF cuts India's growth to 6.1% for FY23

Rediff.com31 Jan 2023

The International Monetary Fund (IMF) on Tuesday said it is expecting some slowdown in the Indian economy next fiscal year and projected the growth to 6.1 per cent from 6.8 per cent during the current fiscal ending March 31. The IMF on Tuesday released the January update of its World Economic Outlook, according to which the global growth is projected to fall from an estimated 3.4 per cent in 2022 to 2.9 per cent in 2023, then rise to 3.1 per cent in 2024. "Our growth projections actually for India are unchanged from our October Outlook.

'Pure offence': China fumes after US human rights official meets Dalai Lama in Delhi

'Pure offence': China fumes after US human rights official meets Dalai Lama in Delhi

Rediff.com10 Jul 2023

The Chinese reaction came after Zeya met with the Dalai Lama during her India visit, according to Central Tibetan administration, a non-profit political organisation, which works for the Tibetan government in exile.

Kissinger used racist, misogynist language for then PM Indira Gandhi

Kissinger used racist, misogynist language for then PM Indira Gandhi

Rediff.com30 Nov 2023

Speaking about the issue in India in March 2012 at a media conclave, Kissinger defended his use of unparliamentary language while referring to Prime Minister Indira Gandhi.

Buzz: Azam-led Pak squad depart for New Zealand tour

Buzz: Azam-led Pak squad depart for New Zealand tour

Rediff.com23 Nov 2020

Ahead of their departure, the skipper shared a picture on Twitter and captioned it as: "Next stop, New Zealand."

K'taka imposes 7-day home quarantine for flyers from high-risk nations

K'taka imposes 7-day home quarantine for flyers from high-risk nations

Rediff.com1 Jan 2023

The government decided to enhance surveillance and containment effort within the state by tracking and quarantining the primary and secondary contacts of the COVID-positive persons.

40-year-old fintech gurus need 60-year-olds to handhold them

40-year-old fintech gurus need 60-year-olds to handhold them

Rediff.com19 Mar 2024

The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.

Frontline Relive Pandemic Nightmare

Frontline Relive Pandemic Nightmare

Rediff.com1 Apr 2024

Battling the virus, enduring separation from loved ones, and working extended hours became part of the job.

Bowling a worry as India aim to seal ODI series vs NZ

Bowling a worry as India aim to seal ODI series vs NZ

Rediff.com20 Jan 2023

India will be expecting more runs from the middle order and discipline in the death overs as they look for a series sealing win against New Zealand in the second ODI in Raipur on Saturday.

UK agrees to support India's defence manufacturing

UK agrees to support India's defence manufacturing

Rediff.com23 Apr 2022

After his wide-ranging talks with Modi on the second and final day of his India visit, Johnson said the new defence and security partnership will enable India to strengthen its domestic defence industry as well as help the two countries protect vital shared interests in the Indo-Pacific.

Exports dip 10.3% in May; trade deficit at 5-month high

Exports dip 10.3% in May; trade deficit at 5-month high

Rediff.com15 Jun 2023

Exports declined for the fourth-consecutive month by 10.3 per cent year-on-year to $34.98 billion in May, while the trade deficit widened to a five-month high of $22.12 billion. According to the data released by the commerce ministry on Thursday, key export sectors recording negative growth include petroleum products, gems and jewellery, engineering goods, ready-made garments of all textiles and chemicals. Imports also declined 6.6 per cent, six-month in a row, to $57.1 billion against $61.13 billion in the same month last year, the data showed.

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

Festivities, polls prompt govt to keep tabs on food price movement

Festivities, polls prompt govt to keep tabs on food price movement

Rediff.com28 Sep 2023

Amid the ongoing festival season and ahead of the elections for five state assemblies, the Centre is closely monitoring inflation, particularly in food items, to enable it to take steps to increase their supplies. "There is a complete no-nonsense attitude when it comes to food inflation, and instructions have been issued at all levels to be very sensitive to any possible price movements in any commodity," a senior official explained. Sources have said that all departments dealing with food items have been instructed to keep a close eye on all commodities and maintain a weekly record of their price movements.

India to fly out citizens in Ukraine from neighbouring countries

India to fly out citizens in Ukraine from neighbouring countries

Rediff.com25 Feb 2022

The government is organising evacuation flights for Indians in Ukraine, the sources said, adding that the cost will be completely borne by the government.

Aditya-L1 fires up funding prospects for pvt space cos

Aditya-L1 fires up funding prospects for pvt space cos

Rediff.com4 Sep 2023

The successful launch of Aditya-L1 - the country's maiden mission to study the Sun - is expected to garner increased investor interest in the Indian space sector and trigger more funding for private players. Several private sector players, including Larsen & Toubro (L&T), MTAR Technologies, and Ananth Technologies, have played a pivotal role in the Indian Space Research Organisation's (Isro's) solar observatory mission. Aditya-L1 on Saturday set off on a 125-day journey on a PSLV-C57 rocket, in its attempt to study various elements relating to the nearest star from the halo orbit around Lagrange point 1 (L1) of the Sun-Earth system, which is about 1.5 million km from Earth.

UK preparing to end aid programme to India: Report

UK preparing to end aid programme to India: Report

Rediff.com18 Mar 2012

Britain is preparing to end its aid programme to a booming India and is unlikely to renew its commitment after 2015, a media report on Sunday said.

India may not get to play a major role in reconstruction of Ukraine

India may not get to play a major role in reconstruction of Ukraine

Rediff.com16 Mar 2022

Reconstruction efforts after the Russia-Ukraine war will be dominated by the heft of the membership of major nations across international organisations. India is hamstrung because it does not play host to any major global institution nor does it hold positions of significant influence in the ones in which it has membership. As a result, the world's sixth largest economy is obliged to follow the rules set by most of them.

3-day survey found many tax-linked irregularities at BBC, says I-T dept

3-day survey found many tax-linked irregularities at BBC, says I-T dept

Rediff.com17 Feb 2023

The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities, the income tax authorities said Friday, a day after they ended a three-day-long survey operation against the British media organisation.

India gets USDA nod to export mangoes to America

India gets USDA nod to export mangoes to America

Rediff.com11 Jan 2022

India has secured approval of the United States Department of Agriculture (USDA) for the export of domestic mangoes to America in the new season, the commerce ministry said on Tuesday. The export of Indian mangoes has been restricted by the US since 2020 as the USDA inspectors were unable to visit India for inspection of irradiation facilities due to restrictions imposed on international travel because of the COVID-19 pandemic. On November 23, 2021, the Department of Agriculture and Farmers Welfare and the USDA signed a framework agreement for implementing the "2 Vs 2" agri-market access issues.

'BJP will have no effect. Not even an iota'

'BJP will have no effect. Not even an iota'

Rediff.com18 Apr 2024

'The people of Tamil Nadu in particular Chennai know about the double standards of the BJP. Nothing will work for them here.'

AI ferry flight takes off for Russia to fly 216 stranded passengers to US

AI ferry flight takes off for Russia to fly 216 stranded passengers to US

Rediff.com7 Jun 2023

'A ferry flight is scheduled to operate to GDX (Magadan) from Mumbai, at 1300 hours IST on June 7, subject to necessary regulatory clearances, which would take passengers and crew of AI173 onward to San Francisco,' the airline said in the statement on Wednesday.

'Angel tax' provisions in Finance Bill will not impact startups

'Angel tax' provisions in Finance Bill will not impact startups

Rediff.com21 Feb 2023

The 'angel tax' provision in the Finance Bill will not impact startups in India, a senior government official said on Tuesday. Startups which are registered with the Department for Promotion of Industry and Internal Trade do not come under the purview, Anurag Jain, the secretary in the department said while speaking at the IVCA Conclave. "Let me put one thing very clearly. It doesn't affect startups in the least," he said, addressing the audience at the event organized by the venture capital industry lobby grouping.

AMCs' contribution to backstop fund for debt MFs tops target

AMCs' contribution to backstop fund for debt MFs tops target

Rediff.com29 Nov 2023

The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

Rediff.com2 May 2022

Prime Minister Narendra Modi said on Monday that the partnership between India and Germany could serve as an example of success in a complex world as the two sides inked several agreements focused on sustainable development under which India would receive USD 10.5 billion assistance by 2030 to boost the use of clean energy.

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

'BJP Has Several Big Ideas For 2024 Election'

'BJP Has Several Big Ideas For 2024 Election'

Rediff.com22 Dec 2023

'The allegations of government involvement in targeted assassinations abroad are likely to help, not hurt, the ruling party.' 'True or false, they convey a sense of muscularity and, in some quarters, are celebrated as a harbinger of 'great power' status.'

Pakistan's forgettable World Cup: Spinners' surrender, outdated batting

Pakistan's forgettable World Cup: Spinners' surrender, outdated batting

Rediff.com12 Nov 2023

An outdated batting approach, dismal performance of the spinners, lack of back-up options and selection blunders have led to another early World Cup exit for the forever unpredictable Pakistan unit.

The Blue Revolution: Indian Cricket's Success Story

The Blue Revolution: Indian Cricket's Success Story

Rediff.com30 Nov 2023

It is a tribute to a system so robustly meritocratic that this team represents India's diversity better than any other institution: The Union Cabinet, our chief ministers, the civil services, the leadership of our armed forces and security agencies, the judiciary and more than all of these, our typical newsroom. That is the biggest message from this breathless rise of Indian cricket, asserts Shekhar Gupta.