News for 'Directorate General of Foreign Trade'

Govt may tweak FDI clause in draft e-commerce policy

Govt may tweak FDI clause in draft e-commerce policy

Rediff.com29 Aug 2018

The draft favoured up to 49 per cent foreign equity in inventory model in the case of 100 per cent made in India products sold through Indian management-controlled platforms with resident Indian founders/promoters.

125-member Indian delegation heads for Davos

125-member Indian delegation heads for Davos

Rediff.com19 Jan 2014

The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.

Mr Modi, why this change of heart about Pakistan?

Mr Modi, why this change of heart about Pakistan?

Rediff.com13 Jul 2015

'There is nothing that Pakistan has done which deserves a resumption of dialogue. The assurances made in Ufa contain no commitment except a whole range of talks, which could take place without the paraphernalia associated with a joint statement of prime ministers.'

'China will recover faster than many countries'

'China will recover faster than many countries'

Rediff.com31 May 2020

'COVID-19 will not stop the expansion of China's 'infrastructure power'.'

Looking forward to Modi's visit to take ties further: Aus MP

Looking forward to Modi's visit to take ties further: Aus MP

Rediff.com30 Jun 2014

In a bid to further deepen ties with India, Australia is looking forward to welcome Prime Minister Narendra Modi when he is expected to attend the G20 Summit in Brisbane.

Sensex drops over 150 pts on weak IIP data

Sensex drops over 150 pts on weak IIP data

Rediff.com14 Jan 2019

The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.

Rupee weakness to persist: CII survey

Rupee weakness to persist: CII survey

Rediff.com8 Jul 2013

The large current account deficit and the growing vulnerability on the external front have largely contributed towards the secular decline and the current volatility of the rupee.

Is Modi's China policy going Nehru's way?

Is Modi's China policy going Nehru's way?

Rediff.com23 Jul 2020

'Like Nehru, too, Modi has found dealing with Beijing more and more difficult and has adopted an increasingly assertive approach towards managing India's northern neighbour.'

Dental problems? Blame your hormones, ladies

Dental problems? Blame your hormones, ladies

Rediff.com23 May 2017

The increased levels of female hormones can cause dental problems, warns Lt Gen Dr Vimal Arora.

Indian-American attorney Preet Bharara asked to quit by Trump admin

Indian-American attorney Preet Bharara asked to quit by Trump admin

Rediff.com11 Mar 2017

Bharara, 48, has made a national and international mark for himself with many high-profile cases and investigations including foreign countries, insider trading and those involving US politicians.

Why India's automobile business is like Bollywood

Why India's automobile business is like Bollywood

Rediff.com20 Oct 2020

What worked for Hyundai in India when so many other auto manufacturers have had to eat humble pie? Pavan Lall finds out.

Markets may stay choppy in holiday-shortened week ahead

Markets may stay choppy in holiday-shortened week ahead

Rediff.com20 Sep 2015

In the case of Indian equities specifically, all eyes will now be on the next RBI monetary policy scheduled for September 29.

The Mystery of Narayana Murthy's Retail Biz

The Mystery of Narayana Murthy's Retail Biz

Rediff.com2 Sep 2021

In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.

Modi's 'achhe din' is still not here!

Modi's 'achhe din' is still not here!

Rediff.com21 Dec 2015

Turnover on exchanges dips to pre-Modi levels

What Biden's Quad summit means for India

What Biden's Quad summit means for India

Rediff.com10 Mar 2021

The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.

Count of coronavirus patients in India rises to 114

Count of coronavirus patients in India rises to 114

Rediff.com16 Mar 2020

The tally of 114 includes two fatalities and 17 foreigners as well as 13 people who were discharged after they recovered from the infection.

India to lay out red carpet for Netanyahu

India to lay out red carpet for Netanyahu

Rediff.com12 Jan 2018

Prime Minister Narendra Modi will be reciprocating the reception he received from the Israeli PM during his visit last July, report Archis Mohan & PTI.

Does India's gloomy exports scenario have a silver lining?

Does India's gloomy exports scenario have a silver lining?

Rediff.com15 Jun 2016

The growth has slowed down with exports at $6.7 billion last year.

Will Gujarat election results impact the market?

Will Gujarat election results impact the market?

Rediff.com27 Oct 2017

Between now and the general elections (likely in May 2019) there are 12 assembly polls, which analysts say, in a way will also be interpreted as a referendum on the Modi-led government's key reforms

Walmart, Tesco seek assurance on non-reversal of FDI policy

Walmart, Tesco seek assurance on non-reversal of FDI policy

Rediff.com20 Jun 2013

Bentonville-based Walmart has also raised apprehensions about the ongoing probe by investigating agency Enforcement Directorate, said an internal note of the Department of Industrial Policy and Promotion.

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.

Gujarat, an investment hotspot for China, Japan

Gujarat, an investment hotspot for China, Japan

Rediff.com13 Nov 2014

In a few years there may be 100 Japanese companies in Gujarat, while Chinese firms may commit investments of over Rs 6,000 crore.

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.

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

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.

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.

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%.

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.

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.

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.

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.

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.

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.'

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.

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.

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'.

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.

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

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.