News for 'Federal Partners'

Covid originated from Wuhan lab, 'confirms' FBI chief

Covid originated from Wuhan lab, 'confirms' FBI chief

Rediff.com1 Mar 2023

'FBI Director Christopher Wray confirmed that the Bureau has assessed that the origins of the COVID-19 pandemic likely originated from a lab incident in Wuhan, China,' tweeted the FBI.

US Sanctions Unlikely For India Buying Russian S-400 Missiles

US Sanctions Unlikely For India Buying Russian S-400 Missiles

Rediff.com24 Mar 2022

Russia has already begun delivery of the first S-400 systems, and the question of sanctions, or of a waiver to sanctions, preoccupies New Delhi.

'Hum Bharatiya INDIA ke saath'

'Hum Bharatiya INDIA ke saath'

Rediff.com31 Aug 2023

The contrast between the two meetings couldn't have been more stark, yet, both were organically linked, the latter a show of support for the former.

Federation Cup: Mohun Bagan held by Pune FC in group stage

Federation Cup: Mohun Bagan held by Pune FC in group stage

Rediff.com1 Jan 2015

Mohun Bagan's chances of making it to the semi-finals hit a roadblock when they were held to a 1-1 draw by gritty Pune FC in their second group league encounter of the Federation Cup football tournament, in Vasco, Goa on Tuesday.

United Opposition can defeat Centre's ordinance: Kejriwal

United Opposition can defeat Centre's ordinance: Kejriwal

Rediff.com25 May 2023

Delhi Chief Minister Arvind Kejriwal on Thursday urged the non-Bharatiya Janata Party entities to unite and defeat in the Rajya Sabha the bill related to the Centre's ordinance on control of services in the national capital.

'Trust can only be earned over long periods of time'

'Trust can only be earned over long periods of time'

Rediff.com26 Jun 2023

'This is still a relatively immature defense and high-tech relationship.'

RBI announces measures for international trade settlement in rupees

RBI announces measures for international trade settlement in rupees

Rediff.com11 Jul 2022

The Reserve Bank on Monday asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency. Before putting in place this mechanism, banks will require prior approval from the Foreign Exchange Department of the Reserve Bank of India (RBI), the central bank said in a circular. "In order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community in INR, it has been decided to put in place an additional arrangement for invoicing, payment, and settlement of exports / imports in INR," it said.

Enticing Federer vs Nadal awaits in second season of IPTL

Enticing Federer vs Nadal awaits in second season of IPTL

Rediff.com2 Aug 2015

The apprehensions attached with a new tennis concept have disappeared as the top international players have embraced IPTL, feels Mahesh Bhupathi, whose league will feature a marquee match between Rafael Nadal and Roger Federer in the capital this season.

Serena's brand will stay strong post-retirement

Serena's brand will stay strong post-retirement

Rediff.com3 Sep 2022

Serena Williams appeared to suggest last month that she would end her playing career at the U.S. Ope

OYO asks govt to probe FHRAI's 'illegally-run' executive committee

OYO asks govt to probe FHRAI's 'illegally-run' executive committee

Rediff.com27 Feb 2023

IPO-bound hospitality major OYO has written to the Ministry of Tourism (MoT) requesting it to intervene and investigate the running of the Federation of Hotel and Restaurant Associations of India (FHRAI) and order eviction of erring executive committee members. The hotel aggregator urged the MoT to take necessary action against FHRAI's "illegally run" Executive Committee and its members who are working for self-interest instead of that of small hotel owners. The representation by OYO alleged that FHRAI's actions are detrimental to small hotel owners.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

In the green lane after 2 years: BMW India turns the corner, logs profit

In the green lane after 2 years: BMW India turns the corner, logs profit

Rediff.com16 Nov 2022

After incurring losses for two years on the trot, German luxury automotive company Bayerische Motoren Werke AG (abbreviated as BMW) has posted net profit in India in 2021-22 (FY22), primarily due to high demand of its top-end vehicles, cost optimisation, and price hikes, Business Standard has learnt. BMW India said in its FY22 financial statement that the company is focusing on growth and achieving profitability through induction of new products in the market, strengthening its dealership network, and improving customer satisfaction while reducing costs. The company posted its highest-ever revenue in India in FY22 at Rs 4,365.8 crore.

Why Indian football is in a big crisis

Why Indian football is in a big crisis

Rediff.com19 Jul 2022

Indian football being hit with a FIFA ban looked a real possibility on Tuesday after the commercial partners of the sport's governing body in the country approached the Supreme Court over contentious clauses in the draft constitution.

Why Uday Kotak Will Step Down In December

Why Uday Kotak Will Step Down In December

Rediff.com7 Aug 2023

Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.

Can Navy Counter China In Indian Ocean?

Can Navy Counter China In Indian Ocean?

Rediff.com17 Sep 2022

New Delhi's regional partners in restraining a belligerent China -- primarily the US, Japan, Australia and Singapore -- would like the Indian Navy to lock down the Indian Ocean Region, while the other partners can focus on deterring the PLA (navy) in the South China Sea, explains Ajai Shukla.

'Modi is almost certain to be re-elected...'

'Modi is almost certain to be re-elected...'

Rediff.com3 Jul 2023

'Although perhaps not with a greater majority, and maybe even a slightly reduced majority in the Lok Sabha.'

Encouraging Indian leaders to stand up against Russian invasion: US

Encouraging Indian leaders to stand up against Russian invasion: US

Rediff.com17 Mar 2022

At her daily news conference on Wednesday, White House Press Secretary Jen Psaki was asked how the world's largest and oldest democracies are working together to bring peace in the region amidst the war in Ukraine.

Facing defeat in parliament, Pak PM Imran Khan calls special cabinet meet

Facing defeat in parliament, Pak PM Imran Khan calls special cabinet meet

Rediff.com30 Mar 2022

Pakistan's embattled Prime Minister Imran Khan on Wednesday summoned a special session of the federal cabinet amidst reports that two ministers belonging to the ruling coalition partner Muttahida Qaumi Movement-Pakistan have resigned after their party announced that it will support Opposition's no-confidence motion.

SBI authorised to promote rupee trade with Russia

SBI authorised to promote rupee trade with Russia

Rediff.com14 Sep 2022

India has decided to authorise the country's biggest lender SBI to promote rupee trade with Russia and soon Moscow will name its bank to operationalise the mechanism, exporters' body FIEO said on Wednesday. The RBI in July issued a detailed circular asking banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency. Currently, a large part of bilateral trade between India and Russia is getting settled in rupee due to sanctions imposed by the US and Europe following Moscow's attack on Ukraine.

SVB crisis: Start-ups seek govt's help to bring money to India

SVB crisis: Start-ups seek govt's help to bring money to India

Rediff.com22 Mar 2023

Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for preferential access to credit, in a meeting with the government over the fallout of Silicon Valley Bank's collapse. Rajeev Chandrasekhar, minister of state for electronics and information technology, held a virtual meeting with over 450 members from start-ups, venture capitalists, and investors who have been directly affected by the closure of SVB. He assured them that the IT ministry would put together a list of suggestions and give it to the finance minister on behalf of start-ups.

COVID-19 hits India Open badminton tournament

COVID-19 hits India Open badminton tournament

Rediff.com13 Jan 2022

Besides Srikanth, the other players withdrawn are Ashwini Ponnappa, Ritika Rahul Thkar, Treesa Jolly, Mithun Manjunath, Simran Aman Singh and Khushi Gupta.

Niemann files $100m defamation lawsuit against Carlsen

Niemann files $100m defamation lawsuit against Carlsen

Rediff.com21 Oct 2022

Hans Niemann, the teenage American grandmaster at the centre of an alleged cheating scandal, sued world champion Magnus Carlsen, online platform Chess.com and others for slander and libel on Thursday and is seeking at least $100 million in damages.

Indo-Australia trade pact: Over 6000 products to get free access

Indo-Australia trade pact: Over 6000 products to get free access

Rediff.com28 Dec 2022

The interim free trade agreement between India and Australia will come into force on Thursday, providing duty-free access to thousands of domestic goods such as textiles, and leather in the Australian market. The agreement will help almost double the bilateral commerce to $45-50 billion in around five years, according to exporters and industry players. The Economic Cooperation and Trade Agreement (ECTA), which was signed on April 2, would provide duty-free access to Indian exporters of over 6,000 broad sectors, including textiles, leather, furniture, jewellery and machinery in the Australian market.

FPIs pull out nearly Rs 40,000-cr from equities in May

FPIs pull out nearly Rs 40,000-cr from equities in May

Rediff.com5 Jun 2022

Continuing its heavy selling spree for the eighth consecutive month, foreign investors pulled out nearly Rs 40,000 crore from the Indian equity market in May on fears of an aggressive rate hike by US Federal Reserve that dented investor sentiments. With this, net outflow by foreign portfolio investors (FPIs) from equities reached at Rs 1.69 lakh crore so far in 2022, data with depositories showed. Going ahead, FPI flows will remain volatile in the emerging markets on account of rising geo-political risk, rising inflation, tightening of monetary policy by central banks, among others, Shrikant Chouhan, Head - Equity Research (Retail), Kotak Securities said.

Nithyananda's Kailasa cons 30 US cities with 'sister city' pact

Nithyananda's Kailasa cons 30 US cities with 'sister city' pact

Rediff.com17 Mar 2023

Self-proclaimed godman and fugitive Nithyananda's 'United States of Kailasa' has signed a 'cultural partnership' with over 30 American cities, a media report has said, days after the city of Newark in the United States state of New Jersey said it rescinded a 'sister-city' agreement with the fictional country.

MSMEs caught between a rock and a hard place

MSMEs caught between a rock and a hard place

Rediff.com3 Apr 2023

Politicians and Twitter warriors around the globe have a new buzzword among them: Net zero. Everyone appears to be keen to state their commitment to net zero, with India providing an outlay of Rs 35,000 crore to achieve energy transition and net-zero objectives in its Budget for FY24, even as the latest and final report by the United Nations' Intergovernmental Panel on Climate Change (IPCC) warned that current efforts are not enough to curb global warming. A number of small factory owners and businesses, however, have pointed out that the transition to net-zero emissions will cost them hugely.

Full Text: PM Modi's address to US Congress

Full Text: PM Modi's address to US Congress

Rediff.com23 Jun 2023

Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.

Rupee to remain under pressure, may test new levels

Rupee to remain under pressure, may test new levels

Rediff.com31 Aug 2022

Indian rupee, which earlier this week touched an all-time low, is likely to remain under pressure and may test new levels as a fallout of the US Federal Reserve indicating more interest rate hikes, experts said. The aggressive rate hikes will dampen demand and increase the possibility of a recession in the US. This could accelerate the pace of capital outflows, weaken the rupee and raise the threat of imported inflation.

Sisodia, Jain are today's Bhagat Singh: Kejriwal on CBI summons

Sisodia, Jain are today's Bhagat Singh: Kejriwal on CBI summons

Rediff.com16 Oct 2022

The Aam Aadmi Party (AAP) claimed that Sisodia would be arrested on Monday and alleged the move was initiated in view of the forthcoming assembly elections in Gujarat where it is in a direct contest with the Bharatiya Janata Party.

Why Brands Prefer Kohli To Ashwin/Jadeja

Why Brands Prefer Kohli To Ashwin/Jadeja

Rediff.com30 Mar 2023

'When people look at Kohli, they see a boy from Delhi who is taking on the Aussies in their own backyard and aspire to be like him.' 'Players like Jadeja and Ashwin lack this quotient.'

Colgate India meets distributors' body to sort out issue of price parity

Colgate India meets distributors' body to sort out issue of price parity

Rediff.com6 Jan 2022

Colgate-Palmolive India (Colgate India) on Wednesday met distributors' body to sort out the issue of price parity between the traditional trade and organised distributors, which are present offline as well as online. These companies include Jiomart, Booker, Udaan and Elastic Run. Colgate India's meeting with distributors comes after the traditional channel stopped supplying its Colgate MaxFresh range of products in Maharashtra.

Asian Rowing: Arjun Lal-Ravi win gold; Parminder bags silver

Asian Rowing: Arjun Lal-Ravi win gold; Parminder bags silver

Rediff.com11 Dec 2021

Tokyo Olympian Arjun and his partner Ravi completed the race in 6:57.883s while the Chinese duo clocked 7:02.374s. The Uzbeks finished with a timing of 7:07.734s.

Rupee trade: Two Russian banks get RBI nod for special vostro account

Rupee trade: Two Russian banks get RBI nod for special vostro account

Rediff.com29 Sep 2022

The Reserve Bank of India (RBI) has given its approval to two Russian banks for opening special vostro account for rupee trade. Sberbank, JSC VTB - the largest and second largest bank of Russia - are the first foreign lenders to receive this approval after the central bank announced the norms on INR trade in July. Both lenders have branch presence in India. Earlier this month, state-run UCO Bank received the RBI's approval to open a special Vostro account with Gazprombank of Russia. While the Kolkata-based lender is in the process of opening the account, the bank has received requests from various foreign lenders for opening such an account.

Theranos founder Elizabeth Holmes given 11-year jail for duping investors

Theranos founder Elizabeth Holmes given 11-year jail for duping investors

Rediff.com19 Nov 2022

She was found guilty in January of duping investors and lying about the technology after a three-month trial.

WFI cancels camp for Olympic-bound wrestlers

WFI cancels camp for Olympic-bound wrestlers

Rediff.com15 May 2021

'We had planned a camp in Bahalgarh but since they would not be allowed to train for 14 days due to hard quarantine, we thought it is better they for the time being they train at their respective akhadas and then travel to Poland'.

Injured Nadal pulls out of Laver Cup

Injured Nadal pulls out of Laver Cup

Rediff.com22 Sep 2019

Team Europe's Nadal was scheduled to take on Team World's Nick Kyrgios in his singles clash before partnering Swiss Federer to face John Isner and Jack Sock.

Indian legal system a hurdle for aircraft lessors: Air India to govt

Indian legal system a hurdle for aircraft lessors: Air India to govt

Rediff.com12 Dec 2022

Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.

In the name of humanity bring your troops back, Guterres tells Russia

In the name of humanity bring your troops back, Guterres tells Russia

Rediff.com24 Feb 2022

UN Secretary General Antonio Guterres has termed Russian President Vladimir Putin announcement of a special military operation in Ukraine as the "saddest moment in my tenure", while Security Council members blasted the Russian leader for the "unprovoked and unjustified' action and for delivering a "message of war".

Settling trade in rupee: FTP tweaks may allow traders export benefits

Settling trade in rupee: FTP tweaks may allow traders export benefits

Rediff.com15 Jul 2022

The Union government will soon make amendments to the foreign trade policy (FTP) to enable exporters to claim export benefits for settling trade in rupees. These benefits are, so far, available for export payments received in foreign currencies. After the Reserve Bank of India (RBI) unveiled a mechanism to settle international trade transactions in the local currency on Monday, exporters have been demanding that the Ministry of Commerce and Industry come up with a clarification on the matter.