News for 'Department for International Trade'

Taiwan: A Thorn In China-US Relations

Taiwan: A Thorn In China-US Relations

Rediff.com12 Jan 2024

Any miscalculation and miscommunication are fraught with the risk of a major catastrophe, warns Rup Narayan Das.

Algo trading will soon be under Sebi scanner

Algo trading will soon be under Sebi scanner

Rediff.com1 Sep 2017

Market regulator is trying to build a large team of software experts for efficient monitoring and surveillance

Insider trading relatively high in India: Survey

Insider trading relatively high in India: Survey

Rediff.com17 Jun 2003

Insider trading -- a punishable offence in the United States -- which increases stock market volatility, is relatively high in India, China, Russia, Venezuela and Mexico, according to a study done for the International Monetary Fund.

Biden proposes over $25 bn spend in Indo-Pacific to out-compete China

Biden proposes over $25 bn spend in Indo-Pacific to out-compete China

Rediff.com10 Mar 2023

This includes over $15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and $9 billion for shoring up American defence in the region.

NRI to be Dy US Trade Representative

NRI to be Dy US Trade Representative

Rediff.com14 Sep 2005

US President George W Bush has announced that he intends to nominate an Indian American, Karan K Bhatia, of Maryland, as Deputy US Trade Representative, with the rank of Ambassador.

US says it favours thorough probe into Trudeau's allegations

US says it favours thorough probe into Trudeau's allegations

Rediff.com20 Sep 2023

The US on Wednesday favoured a thorough investigation into killing of a Khalistani separatist in Canada in June, two days after Canadian Prime Minister Justin Trudeau's allegations of a "potential" involvement of Indian government agents in the case kicked up a major diplomatic row between New Delhi and Ottawa.

When ISI Alerted India About Terror Plot!

When ISI Alerted India About Terror Plot!

Rediff.com2 Feb 2024

The ISI was taking no chances and wanted no repeat of Pulwama; it wanted to make it clear at a political level it was not involved with the revenge attack being planned, but was only giving India a friendly tip-off. A stunning excerpt from Ambassador Ajay Bisaria's Anger Management: The Troubled Diplomatic Relationship between India and Pakistan.

Gaping holes in trade data

Gaping holes in trade data

Rediff.com25 Aug 2005

'Ill-informed': India rejects criticism in US religious freedom report

'Ill-informed': India rejects criticism in US religious freedom report

Rediff.com3 Jun 2022

External Affairs Ministry Spokesperson Arindam Bagchi said the observation on India in the report is based on 'motivated inputs and biased views'.

Trump ends preferential trade privileges for India

Trump ends preferential trade privileges for India

Rediff.com1 Jun 2019

Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.

FDI rises 15% during Apr-Sep to $26 bn

FDI rises 15% during Apr-Sep to $26 bn

Rediff.com1 Jan 2020

Singapore continued to be the largest source of FDI in India followed by Mauritius, the US, the Netherlands and Japan.

Online gold trading will soon be a reality

Online gold trading will soon be a reality

Rediff.com6 Feb 2018

BSE proposes two models for making gold trading and investment transparent

Canada withdraws 41 diplomats from India amid row

Canada withdraws 41 diplomats from India amid row

Rediff.com20 Oct 2023

Canada will be pausing all in-person services at the consulates in Chandigarh, Mumbai and Bengaluru and is now directing all Canadians in India to the High Commission in New Delhi.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

Did poverty and inequality spike during Covid?

Did poverty and inequality spike during Covid?

Rediff.com20 Mar 2023

Claims of a spike in poverty and inequality in India during the Covid-19 pandemic are patently false as such claims are based on uncomparable different surveys, according to a paper co-authored by eminent economist Arvind Panagariya. The paper also noted that inequality fell in the country during Covid years, both in rural and urban areas as well as nationally. Panagariya, Columbia University Professor and former vice chairman of NITI Aayog and Vishal More of Intelink Advisors, New Delhi have co-authored a detailed paper 'Poverty and Inequality in India: Before and After Covid-19'.

3 Indian-Americans charged in insider trading scheme

3 Indian-Americans charged in insider trading scheme

Rediff.com14 Jun 2014

The SEC's complaint charges Khan, Chaganlal, Mendonsa, and Akbari with violating the antifraud provisions of the federal securities laws.

Indian-origin MP gets UK parliament to debate Bhopal gas tragedy

Indian-origin MP gets UK parliament to debate Bhopal gas tragedy

Rediff.com16 Nov 2022

An Indian-origin Opposition Labour Party MP secured a debate in Westminster Hall of the UK parliament to call for justice for the victims of Bhopal gas tragedy, which will mark its 38th anniversary early next month.

Draft ecommerce policy to ensure goods sold online meet standards

Draft ecommerce policy to ensure goods sold online meet standards

Rediff.com15 Mar 2021

Conformity assessment procedures will be put in place to verify that goods and services sold on e-commerce platforms meet required standards and technical regulations, according to the draft e-commerce policy. The policy, which is under discussion, also stated that actions and things which cannot be done by the online platform entities "can also not be done" by any of its associates and related parties. Government may, from time to time, notify parties which fall in the definition of associates and related parties, it said.

Indian American gets top post in Commerce Dept

Indian American gets top post in Commerce Dept

Rediff.com8 Aug 2009

Ro Khanna, 32, has been appointed by President Barack Obama as the new deputy assistant secretary of commerce for domestic operations of the United States and Foreign Commercial Service, International Trade Administration at the US Department of Commerce.He is the first Indian American to be named for a senior position in the Department of Commerce in the Obama administration, whose portfolio will have a direct impact on US-India trade and commercial ties.

Ecommerce issues being followed up, improvement every day: Secretary

Ecommerce issues being followed up, improvement every day: Secretary

Rediff.com3 Apr 2020

The government has held several meetings with e-commerce players to resolve issues arising due to the lockdown, and now witnessing improvement on them daily, a top government official said on Friday. Secretary in the department for promotion of industry and internal trade (DPIIT) Guruprasad Mohapatra said that with lot of follow-ups on their issues, relaxations were given to them by the home ministry.

Govt rejects Walmart-Flipkart's bid to enter food retail sector

Govt rejects Walmart-Flipkart's bid to enter food retail sector

Rediff.com1 Jun 2020

The department for promotion of industry and internal trade has rejected Walmart-backed Flipkart's proposal seeking approval for entry to the food retail sector, citing a regulatory issue, an official said on Monday. The government permits 100 per cent foreign direct investment in food retail for food produced and manufactured in India.

Gujarat again tops NITI's Export Preparedness Index

Gujarat again tops NITI's Export Preparedness Index

Rediff.com25 Mar 2022

Gujarat, for the second consecutive year, has topped the Niti Aayog's Export Preparedness Index 2021 which is aimed at assessing the readiness of the states in terms of their export potential and performance. Gujarat was followed by Maharashtra, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Punjab, Andhra Pradesh and Telengana, according to the government think tank's report. Union territories and states like Lakshadweep, Arunachal Pradesh, Mizoram, Ladakh and Meghalaya were placed at the bottom.

'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.

Another Indian quits Obama administration

Another Indian quits Obama administration

Rediff.com7 Feb 2012

Before he came to the US, he also held senior positions internationally for Levi-Strauss & Co, Unilever and the Colgate-Palmolive Company.

More Indian Americans quit Obama administration

More Indian Americans quit Obama administration

Rediff.com12 Aug 2011

Two more senior Indian American Obama administration officials have flown the coop.

IPL Trading: Pragyan Ojha moves from Deccan to Mumbai

IPL Trading: Pragyan Ojha moves from Deccan to Mumbai

Rediff.com14 Jan 2012

Left-arm spinner Pragyan Ojha on Saturday became the sixth player to be transferred during the IPL trading window, moving from Deccan Chargers to Mumbai Indians.

Govt permits 100% FDI in oil PSUs approved for divestment

Govt permits 100% FDI in oil PSUs approved for divestment

Rediff.com29 Jul 2021

The government on Thursday permitted 100 per cent foreign investment under the automatic route in oil and gas PSUs which have received in-principle approval for strategic divestment. The move would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd (BPCL). The government is privatising BPCL and selling its entire 52.98 per cent stake in the company.

'Small traders lost Rs 4-5 lakh crores in lockdown'

'Small traders lost Rs 4-5 lakh crores in lockdown'

Rediff.com7 Oct 2020

'You have come out with a package for the kisan.' 'You have a package for industry.' 'But has anyone addressed the issues concerning small traders?'

Trade war is Trump's bid to halt China's rise

Trade war is Trump's bid to halt China's rise

Rediff.com28 Sep 2018

Chinese observers believe the Sino-US relationship will be impacted by issues in North Korea, Japan, India, Ukraine and Iran and that conflicts with these 'third parties' will without exception ultimately become conflicts between China and the US, points out former RA&W officer Jayadeva Ranade.

FDI inflows seen to grow further in the New Year

FDI inflows seen to grow further in the New Year

Rediff.com21 Dec 2021

A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

Rediff.com31 Dec 2022

Sharma was the president of the conference, the first since the Paris Agreement of COP21 that expected parties to make enhanced commitments towards mitigating climate change.

'Absolutely believe it was a success': US on G20 Summit in Delhi

'Absolutely believe it was a success': US on G20 Summit in Delhi

Rediff.com12 Sep 2023

The US hails the landmark 'India-Middle East-Europe Economic Corridor' which will usher in a new era of connectivity from Europe to Asia and will stimulate economic growth across the two continents.

India's personal data protection bill may threaten innovation, growth: USTR

India's personal data protection bill may threaten innovation, growth: USTR

Rediff.com29 Apr 2022

The US on Thursday raised concerns over India's Personal Data Protection (PDP) Bill and draft non-personal data governance framework, claiming these could potentially threaten innovation and economic growth. In its latest 'Special 301' Report, the US Trade Representative (USTR) kept India on the priority watch list, maintaining the country remains one of the world's most challenging major economies with respect to protection and enforcement of intellectual property (IP). In December 2021, a joint parliamentary committee released a report recommending changes to the PDP Bill, 2019, that could undermine important IP protections in India.

Ministry recommends anti-dumping duty on Chinese chemical

Ministry recommends anti-dumping duty on Chinese chemical

Rediff.com5 May 2020

The commerce ministry has recommended the continuation of anti-dumping duty on a Chinese chemical used in food and pharma industry with a view to guard domestic players from cheap imports. In a notification, the ministry's investigation arm, the Directorate General of Trade Remedies (DGTR), has said there is a "positive" evidence of likelihood of dumping of Sodium Citrate and injury to the domestic industry if the existing anti-dumping duty were to be removed.

Tracing the journey of auto industry pioneer Keshub Mahindra

Tracing the journey of auto industry pioneer Keshub Mahindra

Rediff.com12 Apr 2023

Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.

Collateral-Free Debt Funding For Start-Ups

Collateral-Free Debt Funding For Start-Ups

Rediff.com25 Oct 2022

The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers).

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Rediff.com3 Aug 2023

Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.

'Forget trade or defence. Talk chemistry! Chemistry ab badhega!'

'Forget trade or defence. Talk chemistry! Chemistry ab badhega!'

Rediff.com23 Feb 2020

'It's the first-ever US presidential visit which is specially planned for India.' 'The standalone visit itself has achieved something already. Don't underestimate it.' Sheela Bhatt gives us an exclusive glimpse of what the Modi government hopes to achieve from Trump's visit.

At luncheon, Modi lauds Harris for strengthening Indo-US strategic ties

At luncheon, Modi lauds Harris for strengthening Indo-US strategic ties

Rediff.com24 Jun 2023

India and the US are working with renewed trust in areas of new and emerging technologies, Prime Minister Narendra Modi said on Friday as he thanked the American leadership for giving him a grand welcome.

States given 1.28 cr PPEs, 3 cr N95s, 10 cr HCQ tablets: Centre

States given 1.28 cr PPEs, 3 cr N95s, 10 cr HCQ tablets: Centre

Rediff.com13 Aug 2020

In addition, 22,533 'Make in India' ventilators have been delivered to various states, Union territories and central institutions, the ministry said, adding that the Centre is also ensuring the installation and commissioning of the machines.