News for 'Foreign Service'

Bajaj Finserv completes Allianz's stake buyout in its insurance arms

Bajaj Finserv completes Allianz's stake buyout in its insurance arms

Rediff.com9 Jan 2026

Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment and Jamnalal Sons, acquired the foreign insurer's 23 per cent stake in the businesses, marking the largest transaction in the Indian insurance sector.

'My Enemy's Enemy Is My Friend' Is Bangladesh's Dictum'

'My Enemy's Enemy Is My Friend' Is Bangladesh's Dictum'

Rediff.com5 Jan 2026

'Pakistan's role in Bangladesh will always be negative, since it's a one-point agenda is hostility against India.'

Sensex down 376 points on selling in RIL, HDFC Bank

Sensex down 376 points on selling in RIL, HDFC Bank

Rediff.com6 Jan 2026

Reliance Industries cracked 4.42 per cent, while ITC, Kotak Mahindra Bank, InterGlobe Aviation, and HDFC Bank were also among the laggards. However, ICICI Bank, Sun Pharma, Hindustan Unilever, and State Bank of India were among the gainers.

25-year-old Hindu youth burnt to death in Bangladesh

25-year-old Hindu youth burnt to death in Bangladesh

Rediff.com25 Jan 2026

He was sleeping in a garage when the fire broke out, and CCTV footage suggests foul play.

'Large Part Of Capital Needs To Be Met Via GIFT City'

'Large Part Of Capital Needs To Be Met Via GIFT City'

Rediff.com8 Dec 2025

'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'

Delcy Rodriguez Takes Charge Of Venezuela

Delcy Rodriguez Takes Charge Of Venezuela

Rediff.com5 Jan 2026

Acting Venezuelan President Delcy Rodriguez has shared images on social media of her attending emergency meetings with a large group of officials.

Industry confidence hits five-qtr high in Oct-Dec: CII survey

Industry confidence hits five-qtr high in Oct-Dec: CII survey

Rediff.com19 Jan 2026

Business confidence in India Inc rose to a five-quarter high in December quarter of FY26, amid further reform expectations and steady domestic demand, a survey by industry body Confederation of Indian Industry (CII) showed. The CII Business Confidence Index (BCI) rose for the third consecutive quarter to 66.5 in the December quarter from 66 in the preceding September quarter.

2025 Marks India's Arrival As A Great Power

2025 Marks India's Arrival As A Great Power

Rediff.com26 Jan 2026

In a world fractured by uncertainty, India stands out for its policy consistency, paired with sustained ambition, points out Pritam Banerjee.

Trump invites India to join Gaza Board of Peace?

Trump invites India to join Gaza Board of Peace?

Rediff.com18 Jan 2026

The invitation comes as the US administration moves forward with formalising the "Board of Peace" structure linked to Trump's broader Gaza roadmap.

Sensex down 322 points on selling in blue-chips

Sensex down 322 points on selling in blue-chips

Rediff.com5 Jan 2026

From the 30-Sensex firms, HDFC Bank, Infosys, HCL Tech, Bajaj Finance, Tata Consultancy Services and Reliance Industries were among the biggest laggards. In contrast, Bharat Electronics, Hindustan Unilever, Tata Steel and UltraTech Cement were among the gainers.

IPO Market Shows No Sign Of Slowing

IPO Market Shows No Sign Of Slowing

Rediff.com2 Jan 2026

'The first time India has seen two consecutive blockbuster IPO years.'

NCW steps in as foreign secy, daughter trolled after India-Pak truce

NCW steps in as foreign secy, daughter trolled after India-Pak truce

Rediff.com13 May 2025

Foreign Secretary Vikram Misri, who faced trolling on social media in the wake of India and Pakistan reaching an understanding on May 10 to halt all military actions, has received support from veteran diplomat Nirupama Menon Rao, a body of Indian diplomats and a host of politicians from several parties.

Factors that will guide the stock markets this week

Factors that will guide the stock markets this week

Rediff.com28 Dec 2025

A host of macroeconomic data announcements, global trends and trading activity of foreign investors would dictate investors' sentiment in the stock market this week, analysts said. Besides, auto sales data will be closely tracked, experts noted.

Stock markets surge nearly 1% on last trading session of 2025

Stock markets surge nearly 1% on last trading session of 2025

Rediff.com31 Dec 2025

From the 30-Sensex firms, Tata Steel, Kotak Mahindra Bank, Reliance Industries, Axis Bank, Titan and Trent were among the biggest gainers. However, Tata Consultancy Services, Tech Mahindra, Infosys, Bajaj Finance and Sun Pharma, were the laggards.

'Upset' Tharoor meets Kharge, Rahul; says 'all is good'

'Upset' Tharoor meets Kharge, Rahul; says 'all is good'

Rediff.com29 Jan 2026

Senior Congress leader Shashi Tharoor met with party president Mallikarjun Kharge and Rahul Gandhi amid reports of discontent, stating that he is on the 'same page' with the leadership.

'Pressure from...': Chidambaram's big 26/11 admission

'Pressure from...': Chidambaram's big 26/11 admission

Rediff.com30 Sep 2025

Attacking the Congress, Union Minister Kiren Rijiju said that India has "paid a heavy price" for the sins committed by the Congress while Union Minister Pralhad Joshi has accused the Oppostion party of "mishandling" the situation after the 2011 terror attacks in Mumbai in under foreign pressure.

Why Budget 2026 Deserves 8.5/10

Why Budget 2026 Deserves 8.5/10

Rediff.com2 Feb 2026

This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.

Markets fall on selling in IT shares, foreign fund outflows

Markets fall on selling in IT shares, foreign fund outflows

Rediff.com14 Jul 2025

Benchmark stock indices Sensex and Nifty declined on Monday, extending the losing run to the fourth day amid selling in IT shares and foreign fund outflows. The 30-share BSE Sensex dropped by 247.01 points or 0.30 per cent to settle at 82,253.46. During the day, it fell 490.09 points or 0.59 per cent to 82,010.38 but recovered some of the losses towards the close.

IFS was upper caste service, more democratic now: Aiyar

IFS was upper caste service, more democratic now: Aiyar

Rediff.com29 May 2024

Congress leader and former diplomat Mani Shankar Aiyar called the Indian Foreign Service (IFS) of yore an "upper caste" service, which he claimed is becoming more democratic now with the flavour of the country getting into it.

Indian men boxers get new coach

Indian men boxers get new coach

Rediff.com13 Jan 2026

The change at the helm comes in the wake of an underwhelming couple of years for Indian men's boxing.

Modi, Merz set for Ahmedabad talks amid rising global tensions

Modi, Merz set for Ahmedabad talks amid rising global tensions

Rediff.com11 Jan 2026

In their talks, Modi and Merz are likely to deliberate on trade and investment ties as New Delhi is looking at deepening economic engagement with Europe against the backdrop of Washington's 50 percent tariff on Indian goods, people familiar with the matter said.

Modi flags off India's 1st Vande Bharat sleeper train

Modi flags off India's 1st Vande Bharat sleeper train

Rediff.com17 Jan 2026

Developed to meet the growing transportation needs of modern India, the fully AC Vande Bharat sleeper train would offer passengers an "airline-like travel experience at economical fares," a statement issued by the PMO stated.

Mark Tully Was India's Voice To The World

Mark Tully Was India's Voice To The World

Rediff.com27 Jan 2026

'Mark had such a profound understanding of India, which was, of course, the land of his birth as well as of his death... He loved India, and lived two-thirds of his life here.'

H-1B Visa: The Hardest Hit Will Be...

H-1B Visa: The Hardest Hit Will Be...

Rediff.com26 Dec 2025

The US has replaced random H-1B selection with a wage-weighted lottery and a new $100,000 fee for applications, raising uncertainty for students and junior hires.

India calls B'desh envoy, seeks thorough probe into Hadi's murder

India calls B'desh envoy, seeks thorough probe into Hadi's murder

Rediff.com24 Dec 2025

India has called on Bangladesh to conduct a thorough investigation into the death of Bangladeshi student leader Sharif Osman Hadi, amid rising tensions between the two countries following protests and incidents at diplomatic missions.

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

First-time luxury buyers power BMW to record sales

First-time luxury buyers power BMW to record sales

Rediff.com19 Jan 2026

The share of first-time luxury customers in BMW's portfolio has risen sharply -- from around 43 per cent in 2024 to nearly 49 per cent in 2025. In some models, the figure is even higher.

Sensex climbs 70 points on foreign fund inflows

Sensex climbs 70 points on foreign fund inflows

Rediff.com29 Apr 2025

From the Sensex firms, Reliance Industries, Tech Mahindra, Eternal, HCL Tech, Infosys, IndusInd Bank, Tata Consultancy Services and Bajaj Finserv were the biggest gainers. In contrast, UltraTech Cement, Sun Pharma, Power Grid, NTPC, Kotak Mahindra Bank and Mahindra & Mahindra were among the laggards.

Healthcare IPOs See A Surge In 2025

Healthcare IPOs See A Surge In 2025

Rediff.com8 Jan 2026

The surge has come alongside a decline in average issue sizes and more muted listing-day returns compared with last year.

'Keep protesting, help is on its way', Trump tells Iranians amid unrest

'Keep protesting, help is on its way', Trump tells Iranians amid unrest

Rediff.com13 Jan 2026

Trump's remarks came amid heightened US messaging about the Iran situation and a series of White House statements indicating that multiple options remain under review.

Sensex down 78 points on weak global trends

Sensex down 78 points on weak global trends

Rediff.com18 Dec 2025

Among Sensex firms, Sun Pharma, Tata Steel, Power Grid, Asian Paints, NTPC and Bharti Airtel were the biggest laggards. Tata Consultancy Services, Tech Mahindra, Infosys, Adani Ports, Axis Bank and HCL Tech were among the gainers.

AI Express flight makes 'precautionary' landing after tyre damage

AI Express flight makes 'precautionary' landing after tyre damage

Rediff.com18 Dec 2025

An Air India Express spokesperson said that the Jeddah-Kozhikode flight was diverted to the Cochin International Airport and "made a precautionary landing due to suspected damage to the aircraft's tyre likely caused by a foreign object on the runway at Jeddah airport".

GIFT City Raises A Glass to Global Business

GIFT City Raises A Glass to Global Business

Rediff.com24 Dec 2025

The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility.

FPIs resume selling in Nov; withdraw Rs 3,765 cr from equities

FPIs resume selling in Nov; withdraw Rs 3,765 cr from equities

Rediff.com30 Nov 2025

After a brief pause in October, foreign investors resumed selling, pulling out a net Rs 3,765 crore from Indian equities in November, driven by global risk-off sentiment, volatility in global tech stocks and selective preference for primary markets over secondary markets.

'Sensex Captures Changing Structure Of Economy'

'Sensex Captures Changing Structure Of Economy'

Rediff.com26 Dec 2025

'Only four or five original companies remain; the rest have been replaced every decade as sectors evolve or leadership shifts.' 'Companies that fail to adapt -- like many textile mills from the 1970s and shipping firms from the 1980s -- disappear.' 'Benchmark indices reward those who reinvent themselves in line with economic demands.'

Budget 2026: Next 5 Reforms Needed To Boost Growth

Budget 2026: Next 5 Reforms Needed To Boost Growth

Rediff.com28 Jan 2026

Sustaining 8 per cent-plus growth rates is necessary if we are to reach high-income status by 2047, points out Amitabh Kant.

Stricter safeguards on cards for life funds

Stricter safeguards on cards for life funds

Rediff.com16 Dec 2025

The government has circulated among members ofParliament a new draft of the Amendment of Insurance laws Bill, 2025, proposing stricter safeguards on the utilisation of life insurance funds and other specified insurance business funds, particularly for dividend payouts, bonuses, and servicing of debentures.

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rediff.com3 Dec 2025

The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.

Gold, silver rally to extend record run

Gold, silver rally to extend record run

Rediff.com14 Dec 2025

Gold and silver prices are poised to maintain their record-setting rally in the coming week as investors focus on global inflation data and key macroeconomic indicators that shape central bank policy paths, analysts said.

Mutual Fund Equity Purchases Hit Record High In 2025

Mutual Fund Equity Purchases Hit Record High In 2025

Rediff.com8 Dec 2025

The continued MF buying has pushed the equity holding of MFs to over Rs 50 trillion for the first time.