News for 'Director General of Foreign Trade'

Pak attacks: Imran can't escape responsibility

Pak attacks: Imran can't escape responsibility

Rediff.com7 Mar 2019

'Imran cannot escape responsibility for providing a mask to the Pakistan army to engage in unlawful activities and to wage aggression after India retaliated to the terrorist attack,' says Ambassador T P Sreenivasan.

Anti-FDI traders to sell on eBay, to start with

Anti-FDI traders to sell on eBay, to start with

Rediff.com27 Mar 2014

Bharatiya Janata Party's prime ministerial candidate, Narendra Modi, last month urged small traders to compete with foreign retail chains through e-commerce.

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Rediff.com28 Apr 2016

With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.

Nationwide protest planned against Walmart-Flipkart deal

Nationwide protest planned against Walmart-Flipkart deal

Rediff.com28 Jun 2018

Ever since the deal was announced of Walmart spending over $16 bn for a 77 per cent stake in Flipkart, the road to the takeover of India's biggest online marketplace has been quite bumpy

US vs Huawei: What is the controversy all about?

US vs Huawei: What is the controversy all about?

Rediff.com29 Jan 2019

One indictment accuses Huawei of trying to steal trade secrets from T-Mobile, and of promising bonuses to employees who collected confidential information on competitors. A second indictment claims the company worked to skirt US sanctions on Iran.

Indian-Americans gear up to welcome PM Modi

Indian-Americans gear up to welcome PM Modi

Rediff.com23 Jun 2017

The community is planning to welcome Modi at every possible location where he could be available during his three-day stay.

Top FPIs' assets more than double in 5 years

Top FPIs' assets more than double in 5 years

Rediff.com8 Mar 2019

While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.

Of Welspun, Cyprus and the FEMA conundrum

Of Welspun, Cyprus and the FEMA conundrum

Rediff.com9 Mar 2015

The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.

How Modi can thwart Xi

How Modi can thwart Xi

Rediff.com24 Oct 2020

'The world does not care about the tension on our border.' 'India has to emerge as a strong economic power.' 'Respect comes when the world sees a country with a direction and leadership that has a vision,' points out Ramesh Menon.

July exports euphoria a statistical illusion

July exports euphoria a statistical illusion

Rediff.com29 Aug 2013

Many economists say only a substantial rise from October would point to a real recovery.

Better ties with Pak depends on this Sharif, not the other one

Better ties with Pak depends on this Sharif, not the other one

Rediff.com10 Dec 2015

'We will have to wait till the snows melt in June/July 2016 before we can get a clearer idea of whether Pakistan intends to get serious about ending support for cross-border terrorism,' says G Parthasarathy, India's former high commissioner to Pakistan.

After Modi, Jaitley now orders black money holders to come clean

After Modi, Jaitley now orders black money holders to come clean

Rediff.com28 Jun 2016

The minister said any declaration made under the law will be protected

Why our history and culture are so important

Why our history and culture are so important

Rediff.com17 Oct 2017

'Culture is our asset. Culture is our identity.' 'Wherever you go in India, every millimetre can be measured with culture.' 'There is so much to see that even one life is not enough.'

China defends projects in PoK, objects to India's South China Sea exploration

China defends projects in PoK, objects to India's South China Sea exploration

Rediff.com4 Jun 2015

China is opposed to India's oil exploration in the South China Sea because it is a disputed area, but regards its ambitious US $46 billion (Rs 2.9 lakh crore) economic corridor through Pakistan-occupied Kashmir a "livelihood project" with issues left over from history.

Manmohan plans Pakistan visit

Manmohan plans Pakistan visit

Rediff.com28 Jan 2014

Composite dialogue likely to be formally revived; PM visit might also be marked with grant of trade MFN status. Nayanima Basu reports

Hyderabad drug racket: Telugu filmmaker quizzed for 10 hrs

Hyderabad drug racket: Telugu filmmaker quizzed for 10 hrs

Rediff.com20 Jul 2017

Puri Jagannadh also gave his blood sample.

Terror attack on Chinese consulate in Karachi foiled; 7 killed

Terror attack on Chinese consulate in Karachi foiled; 7 killed

Rediff.com23 Nov 2018

The attack was claimed by the outlawed Baloch Liberation Army (BLA) which said it would not tolerate 'any Chinese military expansionist endeavours on Baloch soil'.

Bihar's liquor problems: Far from over

Bihar's liquor problems: Far from over

Rediff.com13 Sep 2016

Prohibition is resulting in prisons getting overcrowded.

Rupee at 11-month high as BJP sweeps election

Rupee at 11-month high as BJP sweeps election

Rediff.com16 May 2014

The rupee hit a near 10-month high as an alliance led by pro-reform and business friendly Hindu nationalist Narendra was on course for an absolute majority.

President okays Rajasthan's labour reforms

President okays Rajasthan's labour reforms

Rediff.com9 Nov 2014

Paving the way for the first set of labour reforms in the country, President Pranab Mukherjee has given his assent to Rajasthan's amendments to three laws.

SBI Q3 net dips 4.2%; confident of higher loan growth

SBI Q3 net dips 4.2%; confident of higher loan growth

Rediff.com4 Feb 2021

The country's largest lender SBI on Thursday reported a 4.20 per cent decline in consolidated December quarter net at Rs 6,257.55 crore, largely because of a higher base in the year-ago period where it had benefitted from a Rs 4,500 crore one-off income. On a standalone basis, the city-headquartered lender's net profit came in at Rs 5,196.22 crore as against Rs 5,583.36 crore in the year-ago period and Rs 4,574.16 crore in the preceding September quarter. SBI chairman Dinesh Kumar Khara told reporters that the year-ago period had seen the resolution of the Essar Steel loans, resulting in an over Rs 4,000 crore interest income and Rs 500 crore other income benefit.

Global meltdown, oil woes drag Sensex 239 points lower; FOMC eyed

Global meltdown, oil woes drag Sensex 239 points lower; FOMC eyed

Rediff.com13 Jun 2016

Sharp fall in capital goods production and manufacturing activity also dented sentiments.

'Modi buttered Trump up big time'

'Modi buttered Trump up big time'

Rediff.com25 Sep 2019

'Modi skillfully navigated Trump's ego and pushed the right buttons.' 'Critics assailed Modi's speech for its personalism, but in the Trump era this is par for the course.'

Modi's efforts to get India NSG seat FAIL in Seoul

Modi's efforts to get India NSG seat FAIL in Seoul

Rediff.com24 Jun 2016

Chinese chief negotiator Ambassador Wang Qun told ANI on Friday, "NSG will not take up India's case as of now. There are differences on admitting non-Nuclear Non-Proliferation Treaty members. Signing the NPT first is one of five criteria (for membership). These have not been set by China, but by group as a whole."

Banking services hit by day-long strike

Banking services hit by day-long strike

Rediff.com2 Sep 2015

Banking services across the country were hit on Wednesday by the day-long strike by 10 central trade unions and 14 bank unions, but workers of largest lender SBI and a few other banks stayed off the agitation.

'FDI policy should be seen in light of Make in India'

'FDI policy should be seen in light of Make in India'

Rediff.com15 Jul 2016

With EU, it is part of the FTA that we will need to negotiate.

'Blood trail showed killers returned across LoC'

'Blood trail showed killers returned across LoC'

Rediff.com3 May 2017

Basit was called in by Foreign Secretary S Jaishankar to convey India's strong views on the incident, the external affairs ministry said.

'Taliban won't pursue the Kashmir cause'

'Taliban won't pursue the Kashmir cause'

Rediff.com13 Aug 2021

'But an overthrow of the Afghan government would really embolden regional militant groups in a big way.' 'LeT and JeM could be emboldened, and prompted to replicate in Kashmir what the Taliban did in Afghanistan.'

Why no one has gone to jail for money laundering

Why no one has gone to jail for money laundering

Rediff.com13 Jun 2016

The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.

'Govt banks rarely take note of RBI directives'

'Govt banks rarely take note of RBI directives'

Rediff.com20 Jun 2018

'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'

Why home loans have started heading north

Why home loans have started heading north

Rediff.com16 Apr 2018

As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.

An agenda for India's Hillary Clinton

An agenda for India's Hillary Clinton

Rediff.com2 Jun 2014

Sushma Swaraj, like Clinton, has a strong political base in her own party and is likely to have her imprint on foreign policy, says Ambassador T P Sreenivasan.

Under siege, Nitish plans to tweak Bihar's prohibition law

Under siege, Nitish plans to tweak Bihar's prohibition law

Rediff.com2 Jul 2018

Under siege, Nitish plans to tweak Bihar's anti-booze law

Can India crack the Russian market?

Can India crack the Russian market?

Rediff.com28 Dec 2014

Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport

Markets crash: Is P-note crackdown the reason?

Markets crash: Is P-note crackdown the reason?

Rediff.com27 Jul 2015

This route accounts for Rs 2.75 lakh crore of FPI holdings.

Meet Trump's Cabinet and Inner Circle

Meet Trump's Cabinet and Inner Circle

Rediff.com20 Jan 2017

Incoming US President Donald Trump has assembled a core team that is -- not surprisingly -- overwhelmingly white and male.

No more unsteady and unsafe airlines please

No more unsteady and unsafe airlines please

Rediff.com29 Jan 2015

The only two truly successful private airlines in India - Jet Airways and IndiGo - have been set up and run by people who knew the ins and outs of the trade well before they took to the skies.

India, China agree to continue 'peaceful negotiations' over border dispute

India, China agree to continue 'peaceful negotiations' over border dispute

Rediff.com21 Apr 2016

The decision was taken during the annual 19th round of boundary talks in Beijing between National Security Advisor Ajit Doval and his Chinese counterpart Yang Jiechi.

Nikki Haley likely to be Secretary of State in Trump's cabinet

Nikki Haley likely to be Secretary of State in Trump's cabinet

Rediff.com17 Nov 2016

Trump's transition team spokesman Sean Spicer listed Haley as one of the candidates.

100 days of Donald Trump: The method in his madness

100 days of Donald Trump: The method in his madness

Rediff.com17 Apr 2017

The world is still figuring out the man as he continues his enigmatic journey towards the first 100 days of his presidency.