News for 'Foreign Commercial Service'

SPECIAL: Why current account deficit may fall in FY14

SPECIAL: Why current account deficit may fall in FY14

Rediff.com2 Jul 2013

Anand Rathi recently carried out a research on the behaviour of the economy and CAD.

Devas-Antrix Deal: International Tribunal asks India to pay damages

Devas-Antrix Deal: International Tribunal asks India to pay damages

Rediff.com28 Jul 2016

An international tribunal has ruled that the Indian government had acted "unfairly" and "inequitably" in annulling a contract between Devas and ISRO's commercial arm Antrix.

How 23 new banks will make an impact in India

How 23 new banks will make an impact in India

Rediff.com18 Sep 2015

The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.

Nifty ends above 8,550 on GST hopes, monsoon

Nifty ends above 8,550 on GST hopes, monsoon

Rediff.com14 Jul 2016

ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.

General Rawat hints at a major change in India's defence thinking

General Rawat hints at a major change in India's defence thinking

Rediff.com13 May 2020

'It is crucial today to realise where we have reached in this 15 year-period in order to fully and properly assess the profundity of what General Rawat has said,' points out Ambassador M K Bhadrakumar.

After outrage, govt exempts WhatsApp, social media from new encryption policy

After outrage, govt exempts WhatsApp, social media from new encryption policy

Rediff.com22 Sep 2015

Shortly after a controversy erupted over government's plans to snoop on every message sent through WhatsApp, SMS, e-mail or any such service, the Department of Electronics and Information Technology clarified that social media websites and applications will be exempted from the purview of the draft National Encryption Policy.

'GST is stuck because of politicking'

'GST is stuck because of politicking'

Rediff.com4 Jan 2016

'The role reversal of those in favour of GST and those opposing it is troubling.'

India is a land of emerging opportunities: Ajit Singh

India is a land of emerging opportunities: Ajit Singh

Rediff.com31 Oct 2013

Civil Aviation Minister Ajit Singh has said that India is a land of emerging opportunities and the aviation scenario in the country is fast changing and poised for breaking boundaries and scaling new heights.

SL defence secy quits; PM says more attacks possible

SL defence secy quits; PM says more attacks possible

Rediff.com25 Apr 2019

Authorities also released photographs of six suspects, including three women, wanted for their involvement in the attacks and sought information regarding them from the public.

Will the Supreme Court declare the Aadhaar Act a black law?

Will the Supreme Court declare the Aadhaar Act a black law?

Rediff.com11 Jun 2018

Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.

What the rise in China's defence budget really means

What the rise in China's defence budget really means

Rediff.com24 May 2020

'China's opaque defence allocation processes are shrouded in mystery and have triggered security dilemmas among its neighbours and others,' notes China expert Srikanth Kondapalli.

The man behind Vande Bharat Express

The man behind Vande Bharat Express

Rediff.com19 Feb 2019

'This is not just Make in India; this is much more than that. Right from design to delivery, everything was done in India.'

Before China sends cheap lethal drones over the border

Before China sends cheap lethal drones over the border

Rediff.com15 Sep 2017

What must India do now?

Wanted! A National Security Strategy

Wanted! A National Security Strategy

Rediff.com31 May 2021

India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).

NRIs ahoy! You need to shift to financial savings

NRIs ahoy! You need to shift to financial savings

Rediff.com7 Jan 2019

With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.

India may be entering a Goldilocks period

India may be entering a Goldilocks period

Rediff.com3 Apr 2019

'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.

Has navy inducted INS Khanderi with several defects?

Has navy inducted INS Khanderi with several defects?

Rediff.com1 Oct 2019

There were 35 defects that still remained to be resolved. Of these, 29 could not have been resolved during the monsoon since they required testing in absolutely calm seas. Nor is the Khanderi being commissioned with a full complement of its primary weapon, the torpedo.

How India can return to higher growth rate

How India can return to higher growth rate

Rediff.com28 Jan 2020

'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.

FAQ: What the big Iran deal is all about

FAQ: What the big Iran deal is all about

Rediff.com14 Jul 2015

After 20 months of hectic negotiations, Iran and six major powers have reached a historic deal to limit Teheran's nuclear programme in return for lifting of sanctions. Let's understand closely what the deal is all about.

RBI's 0.25% interest rate cut may lead to lower EMIs

RBI's 0.25% interest rate cut may lead to lower EMIs

Rediff.com7 Feb 2019

With Deputy Governor Viral Acharya and another member Chetan Ghate voting for a status quo, RBI governor Shaktikanta Das and three others outvoted them for reduction in repo rate to 6.25 per cent from the existing 6.50 per cent.

Govt for discussion paper on royalty payment ceiling

Govt for discussion paper on royalty payment ceiling

Rediff.com29 Apr 2014

The paper will invite comments on whether or not the royalty ceiling applicable till 2009 should be re-imposed.

E-tailers face tough times as states tighten tax noose

E-tailers face tough times as states tighten tax noose

Rediff.com25 Jan 2015

Kerala's tax authorities are also reviewing other e-commerce companies for similar discrepancies, and might fine more defaulters.

Indo-US row a blow for trade ties

Indo-US row a blow for trade ties

Rediff.com27 Dec 2013

Flaring of tempers comes atop much simmering trouble on clashing views; these stands might now get frozen.

India must overcome 'tremendous' challenges to realise potential, says top Indian-American diplomat

India must overcome 'tremendous' challenges to realise potential, says top Indian-American diplomat

Rediff.com11 May 2016

The US wants its trade with India to grow multi-fold, Assistant Secretary of State for South and Central Asia Nisha Desai Biswal told lawmakers.

India launches six Singapore satellites onboard PSLV-C29

India launches six Singapore satellites onboard PSLV-C29

Rediff.com16 Dec 2015

PSLV C-29 blasted off from the Satish Dhawan Space Centre, about 110 km from Chennai, at 6 pm and released the six satellites one by one into a 550 km circular orbit.

Bank licence norms not discriminatory: Birla

Bank licence norms not discriminatory: Birla

Rediff.com26 Jun 2013

A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory towards large corporate houses.

Wall Street, Silicon Valley excited about India: Michael Schlein

Wall Street, Silicon Valley excited about India: Michael Schlein

Rediff.com8 Mar 2016

Enthused by India's financial inclusion drive, US-based Accion, one of the biggest micro finance organisations in the world, has renewed its focus in India. Michael Schlein, bottom, left, chief executive officer of Accicon, tells Namrata Acharya in an email interview the Wall Street and Silicon Valley are eager to participate in opportunities presented by the issuance of the small finance and payment bank licences, the expanded banking correspondent opportunities, and the Jan-Dhan Yojna.

FAA downgrade puts Jet into tailspin

FAA downgrade puts Jet into tailspin

Rediff.com3 Feb 2014

United, American snap code share deals, in compliance with US regulator's ruling

Sensex hits seven-month high on positive GDP data

Sensex hits seven-month high on positive GDP data

Rediff.com1 Jun 2016

Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.

India's external debt stands at $426 bn in December

India's external debt stands at $426 bn in December

Rediff.com28 Mar 2014

The total external debt of $426 billion showed an increase of $21.1 billion over the March-end level.

Stay tuned to Moscow!

Stay tuned to Moscow!

Rediff.com1 Sep 2015

India must develop structured multilateralism to its defence buys

India lost Rs 90K cr to false trade invoicing, says US think-tank

India lost Rs 90K cr to false trade invoicing, says US think-tank

Rediff.com6 Jun 2019

In 2016, almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from just one country, China, which was by far India's largest source of imports in that year

The 2 Raj Shahs America is talking about

The 2 Raj Shahs America is talking about

Rediff.com6 Jan 2017

One Raj Shah has been the top Indian American in the Obama administration; the other Raj Shah is poised to play a key role in the Trump administration.

Why India is running short of pilots

Why India is running short of pilots

Rediff.com27 Dec 2016

'People have been flying for years on the basis of a police clearance and an airport entry pass.' 'Then they came out with a convoluted thing -- that your police clearance must be from your place of residence.' 'Now if a pilot is sitting in Delhi but is from Timbuktoo, the papers will have to come from there.' 'So at any point, you have a certain number of pilots sitting on the ground because his AEP has expired and the papers haven't come.' Revealed: India's bizarre processes to get pilots to fly planes.

Looking for investment with a difference? Buy yourself an ATM

Looking for investment with a difference? Buy yourself an ATM

Rediff.com7 Oct 2013

Because of corrections in property prices and oversupply in the office segment, the rich are investing in hospitals, warehouses, ATMs and other alternatives to traditional investment options.

Spicejet, Tigerair sign connectivity agreement

Spicejet, Tigerair sign connectivity agreement

Rediff.com16 Dec 2013

SpiceJet is the first Indian low fare airline to establish such an arrangement with a foreign airline.

Four key points to build a strong Indo-US economic relationship

Four key points to build a strong Indo-US economic relationship

Rediff.com20 Jan 2015

When President Obama lands in New Delhi later this week, this spirit of accommodation must reignite a strategic economic relationship between the two countries.

N Chandrasekaran: Tata Son's lucky mascot

N Chandrasekaran: Tata Son's lucky mascot

Rediff.com20 Feb 2018

After years of losing money on two of the group's biggest bets - global steel business and domestic passenger cars - there are strong signs of a revival in both businesses.

Trump admin announces tough steps to detect H-1B visa fraud

Trump admin announces tough steps to detect H-1B visa fraud

Rediff.com4 Apr 2017

The USCIS announcement indicated that the US government is going to be tough and stringent in approval of H-1B visas this year.