News for 'Foreign Commercial Service'

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.

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.'

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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

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.

'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.

Govt to make air travel cheaper on short routes, boost connectivity

Govt to make air travel cheaper on short routes, boost connectivity

Rediff.com30 Oct 2015

Overseas airlines can operate unlimited number of flights into and out of India.

RBI for stringent entry norms for new banks

RBI for stringent entry norms for new banks

Rediff.com27 Aug 2013

The discussion paper is released at a time when the central bank is sifting through 26 applications seeking an entry into the fray.

Budget sets a vision for Indian Railways

Budget sets a vision for Indian Railways

Rediff.com26 Feb 2015

Govt wants to up investment in Railways

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.

Make Indian, buy Indian: Defence Minister's mantra

Make Indian, buy Indian: Defence Minister's mantra

Rediff.com13 Jan 2016

At least 40% of a product must be manufactured in India for it to qualify for the Indian Designed, Developed and Manufactured category.

Twice shy Tata ticks all SIA boxes

Twice shy Tata ticks all SIA boxes

Rediff.com7 Apr 2014

Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.

India accelerates Iranian port project after US-Iran thaw

India accelerates Iranian port project after US-Iran thaw

Rediff.com29 Nov 2013

India's involvement in the port development was not strictly under the international sanctions that had been imposed on Iran.

Why Nehru is worth remembering this Republic Day

Why Nehru is worth remembering this Republic Day

Rediff.com26 Jan 2019

'India's first and longest-serving prime minister created -- or at the very least imagined -- a modern, democratic nation-State of the 20th century,' says Sunil Sethi.

Pak expects $50 bln investment on Xi's maiden visit

Pak expects $50 bln investment on Xi's maiden visit

Rediff.com19 Apr 2015

A fleet of eight JF-17 Thunder fighter jets -- jointly made by the two countries -- will escort the Chinese president once his plane enters the Pakistani airspace.

President seeks bigger Chinese market for Indian products

President seeks bigger Chinese market for Indian products

Rediff.com25 May 2016

India's exports to China stood at $7.56 billion during the period whereas the imports have jumped to $52.26 billion in April-January

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.

A year of Chandra, Tata Sons' lucky mascot

A year of Chandra, Tata Sons' lucky mascot

Rediff.com21 Feb 2018

A financial turnaround in Tata Steel and Tata Motors has come as a shot in the arm for Chandra.

Why many Indians won't be able to afford air travel

Why many Indians won't be able to afford air travel

Rediff.com29 Mar 2019

'Earlier, when they were selling tickets at Rs 1,000, a family of five could travel by flight.' 'When it comes to realistic pricing and the price becomes Rs 5,000, a family of five will have shell out Rs 25,000.' 'How many will be able to afford that?' 'You will see people switching back to train travel which is more realistic.'

For HNIs, EB-5 investor visa better than F-1 student visa: Experts

For HNIs, EB-5 investor visa better than F-1 student visa: Experts

Rediff.com28 Dec 2014

The EB-5 Programme has been in effect since 1990 as an opportunity for the immigrant and their family to obtain permanent residency to the US.

What the Supreme Court told us this year

What the Supreme Court told us this year

Rediff.com31 Dec 2018

From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.

How Sanjiv Bajaj changed Indian finance

How Sanjiv Bajaj changed Indian finance

Rediff.com21 Nov 2018

'Research shows that customers want their loans instantly.' 'So the team asked can we reduce the time for approval from 5 days to 30 seconds?' 'It took the company two years of hard work to tear apart our operations and processes and rebuild them through fresh ideas and by leveraging technology.' 'We reduced the time of loan approval to 3 hours and another year to get it down to 30 seconds,' Sanjiv Bajaj tells Surajeet Das Gupta.

Credit growth slows to 12.6% in July; corp demand falls to 10%

Credit growth slows to 12.6% in July; corp demand falls to 10%

Rediff.com31 Aug 2014

Increase in non-food credit was a tad lower than the 13 per cent growth in the previous two months, according to the Reserve Bank data.

PNB scam + NPAs = Long-term bear market?

PNB scam + NPAs = Long-term bear market?

Rediff.com6 Mar 2018

'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.

Global factors can play truant to the Indian economy

Global factors can play truant to the Indian economy

Rediff.com20 Oct 2014

Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.

What Modi Sarkar should ideally do to strengthen economic framework

What Modi Sarkar should ideally do to strengthen economic framework

Rediff.com29 Mar 2015

Clearly, LoCs are becoming a key arrow in India's economic diplomacy quiver.

How the NSA is using Google, Facebook to spy on you

How the NSA is using Google, Facebook to spy on you

Rediff.com13 Dec 2013

The Intelligence Bureau has said that out of the billions of information that has been collected from India by the National Security Agency, a meagre 20 per cent is connected to terror activities. Vick Nanjappa reports

Air India makes history, lands in Israel using Saudi airspace

Air India makes history, lands in Israel using Saudi airspace

Rediff.com23 Mar 2018

The flight will operate every Tuesday, Thursday and Sunday. While the inaugural flight AI 139 left at 6 pm (Indian time) on Thursday, the scheduled departure will be 4.50 pm (Indian time) from March 25 when the summer schedule comes into operation.