News for 'Foreign Commercial Service'

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.

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.

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.

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.

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 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

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.

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.

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.

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.

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

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.

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.

Stay tuned to Moscow!

Stay tuned to Moscow!

Rediff.com1 Sep 2015

India must develop structured multilateralism to its defence buys

Three issues for Modi and Xi to consider

Three issues for Modi and Xi to consider

Rediff.com10 Oct 2019

'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei

Govt's sops for realty sector good, but not enough

Govt's sops for realty sector good, but not enough

Rediff.com14 Sep 2019

'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'

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.

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.

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.

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.

Time is ripe for up to 1% rate cut by RBI: Panagariya

Time is ripe for up to 1% rate cut by RBI: Panagariya

Rediff.com10 Sep 2015

At its last policy review, the central bank left policy repo rates on hold at 7.25 percent, tying future cuts to inflation outlook.

India's automakers hit the fast lane in overseas markets

India's automakers hit the fast lane in overseas markets

Rediff.com10 Oct 2019

Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.

US recognises India as 'major defence partner'

US recognises India as 'major defence partner'

Rediff.com8 Jun 2016

Under the 'Major Defence Partner' recognition, the US will continue to work toward facilitating technology sharing with India to a level commensurate with that of its closest allies and partners.

Why are our passports so shabby?

Why are our passports so shabby?

Rediff.com9 Feb 2019

'Why can't a country that builds and manages airports of acknowledged excellence at home and abroad produce passports of durable quality for its citizens?' asks Sunil Sethi.

FCNR deposits: A safe bet for NRIs

FCNR deposits: A safe bet for NRIs

Rediff.com8 Jan 2014

Here's how NRIs can protect their overseas earnings from exchange rate risk.

Power sectors hopes for reforms in the upcoming Budget

Power sectors hopes for reforms in the upcoming Budget

Rediff.com27 Jun 2014

Santosh Kamath, partner (infrastructure and government services), KPMG in India, expects an extension of a tax holiday for the sector.

Rupee loses ground for the third day, ends 18 paise down

Rupee loses ground for the third day, ends 18 paise down

Rediff.com28 Jan 2016

The rupee has dropped by 60 paise or 0.89 per cent in the last three trading days.

In Oman, PM Modi slams Congress for misgovernance

In Oman, PM Modi slams Congress for misgovernance

Rediff.com12 Feb 2018

The PM held wide-ranging talks with the Sultan of Oman and signed eight agreements, including pacts on cooperation in the field of defence, health and tourism.

Dassault says Reliance their choice; Not involved, says French govt

Dassault says Reliance their choice; Not involved, says French govt

Rediff.com22 Sep 2018

French government said French companies have the full freedom to select Indian firms for the deal.

India proposed Reliance Defence as partner in Rafale: Ex-French Prez

India proposed Reliance Defence as partner in Rafale: Ex-French Prez

Rediff.com21 Sep 2018

Defence Ministry says the report is being verified, maintaining that neither Indian nor French government had any say in the decision.

Russia keen to sell MiG-35 to India, says top official

Russia keen to sell MiG-35 to India, says top official

Rediff.com23 Jul 2017

The MiG-35 is Russia's most advanced 4++ generation multipurpose fighter jet developed on the basis of the serial-produced MiG-29K/KUB and MiG-29M/M2 combat aircraft.

A look at Jaitley's successes and failures in the past one year

A look at Jaitley's successes and failures in the past one year

Rediff.com26 May 2015

Finance minister Arun Jaitley has few feathers in his cap for taking serious eff

IPR: US trade body bats for India despite tough resistance

IPR: US trade body bats for India despite tough resistance

Rediff.com14 Mar 2014

The council resisted intense pressure from the powerful manufacturing, pharma and other trade lobbies that have urged the Obama administration to enact punitive measures against India for a laundry list of alleged intellectual property and patent violations.

The A to Z of 2020

The A to Z of 2020

Rediff.com31 Dec 2020

We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.

Achhe din is here! India 39th most competitive economy in the world

Achhe din is here! India 39th most competitive economy in the world

Rediff.com28 Sep 2016

On the index, India has a score of 4.52 while that of Switzerland is 5.81

'India and China are likely to grow at over 5%'

'India and China are likely to grow at over 5%'

Rediff.com17 Nov 2017

Daniel Wu, chairman of the Asian Bankers Association (ABA), says there is merit in merging some of the less efficient public sector banks in the country.

Moody's cautions against curbing RBI autonomy on policy rates

Moody's cautions against curbing RBI autonomy on policy rates

Rediff.com30 Jul 2015

India's political infighting is denting business confidence.

Why FY19 is likely to be a volatile year for Indian equities

Why FY19 is likely to be a volatile year for Indian equities

Rediff.com1 Apr 2018

It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.