News for 'Foreign Service'

PVL: Mumbai Meteors breeze past Delhi Toofans

PVL: Mumbai Meteors breeze past Delhi Toofans

Rediff.com8 Oct 2025

Mumbai Meteors registered a 3-0 win in the Prime Volleyball League, defeating Delhi Toofans 15-12, 15-10, 15-11, in Hyderabad, on Wednesday.

Srini Gopalan named new CEO of T-Mobile

Srini Gopalan named new CEO of T-Mobile

Rediff.com24 Sep 2025

Indian-American executive Srini Gopalan has been appointed chief executive officer of telecom operator T-Mobile, amid ongoing debates over H-1B visa policies. Gopalan's appointment, effective from November 1, 2025, comes as US President Donald Trump signed a proclamation imposing a staggering $100,000 fee on new H-1B visas, triggering widespread panic, concern and fear among Indian professionals on work visa.

Supreme Court: Pilot Not To Be Blamed For Air India Crash

Supreme Court: Pilot Not To Be Blamed For Air India Crash

Rediff.com7 Nov 2025

The Supreme Court on Friday said no one blamed the chief pilot of the Air India Dreamliner for the June 12 crash, which claimed 260 lives, and asked his 91-year-old father not to carry any emotional burden.

TCS likely to be hit hard by Trump's H-1B visa fee hike

TCS likely to be hit hard by Trump's H-1B visa fee hike

Rediff.com20 Sep 2025

According to the US Citizenship and Immigration Services (USCIS), Amazon had 10,044 workers using H-1B visas as of June, 2025. Coming in at the second spot was TCS with 5,505 H-1B visas approved.

3 key drivers for the markets this week

3 key drivers for the markets this week

Rediff.com21 Sep 2025

The decision to hike US H-1B visa application fee to $100,000, trade talks and the GST rate cut will be the key drivers for stock market movement this week, analysts said.

Harvard is not Harvard...: Varsity sues Trump admin over foreign student ban

Harvard is not Harvard...: Varsity sues Trump admin over foreign student ban

Rediff.com23 May 2025

Harvard University has filed a lawsuit against the Trump administration over its decision to revoke the university's certification to enroll foreign students. The lawsuit claims that the government's action is unlawful and unwarranted and that Harvard is not Harvard without its international students. The university argues that the government's decision will have a devastating effect on Harvard and its thousands of international students. The lawsuit comes a day after the Trump administration ordered the Department of Homeland Security to terminate Harvard University's Student and Exchange Visitor Program (SEVP) certification.

'Israel Doesn't Want Pakistan To Have Nuclear Weapons'

'Israel Doesn't Want Pakistan To Have Nuclear Weapons'

Rediff.com12 Nov 2025

'If the Trump administration could gain access to the nuclear weapons, they would be satisfied -- at least they could control them.'

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com5 Oct 2025

Trading sentiment in the equity market will be guided by macroeconomic data announcements, global trends and quarterly earnings from IT major TCS this week, analysts said. Stock markets would also be tracking trading activity of foreign investors who remained net sellers of Indian equities in September.

Ola Electric rebuts LG tech leak claims

Ola Electric rebuts LG tech leak claims

Rediff.com10 Nov 2025

Ola Electric has denied media reports suggesting its involvement in a leak of proprietary pouch cell technology (tech) from South Korea's LG Energy Solution, calling the allegations "baseless". The company said it has no commercial or research interest in the older pouch cell format cited in the reports, emphasising that its new 4680 Bharat Cell - based on advanced dry-electrode cylindrical tech - is already in commercial production.

RBI proposes to allow banks to fund acquisitions

RBI proposes to allow banks to fund acquisitions

Rediff.com25 Oct 2025

Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.

Moody's retains India rating at 'Baa3', maintains 'stable' outlook

Moody's retains India rating at 'Baa3', maintains 'stable' outlook

Rediff.com29 Sep 2025

Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3.

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

M&M, Manulife to form life insurance JV with 7,200 crore investment

M&M, Manulife to form life insurance JV with 7,200 crore investment

Rediff.com14 Nov 2025

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.

SC raps Assam govt for not deporting 63 foreigners

SC raps Assam govt for not deporting 63 foreigners

Rediff.com4 Feb 2025

"Are you waiting for some muhurat," the Supreme Court remarked on Tuesday as it came down heavily on the Assam government for keeping people declared as foreigners in detention centres indefinitely rather than deporting them.

Sensex, Nifty tank over 1% amid foreign fund exodus

Sensex, Nifty tank over 1% amid foreign fund exodus

Rediff.com11 Feb 2025

Among 30 Sensex shares, Zomato tanked over 5 per cent. Tata Steel, Bajaj Finserv, Tata Motors, Power Grid, Larsen & Toubro, Kotak Mahindra Bank, Hindustan Unilever and ITC were the biggest laggards. Bharti Airtel was the only gainer among Sensex scrips.

Want To Invest In Manufacturing Funds?

Want To Invest In Manufacturing Funds?

Rediff.com3 Nov 2025

'They are a poor fit for anyone with near-term goals, low volatility tolerance, or a need for steady income or liquidity.' 'First-time investors should typically avoid them.'

Trump admin faces lawsuit over H-1B visa fee hike

Trump admin faces lawsuit over H-1B visa fee hike

Rediff.com17 Oct 2025

The US Chamber of Commerce has filed a lawsuit against the Trump administration's decision to impose a USD 100,000 fee on new H-1B visa petitions, arguing it harms American innovation and competitiveness.

India bans imports, Pak ships entry; suspends postal services

India bans imports, Pak ships entry; suspends postal services

Rediff.com3 May 2025

Main imports from the neighbouring country during April-January 2024-25 included fruits and nuts (USD 0.08 million), certain oil seeds and medicinal plants (USD 0.26 million), and organic chemicals.

Will GST Rate Cuts Bring Back FPIs?

Will GST Rate Cuts Bring Back FPIs?

Rediff.com8 Sep 2025

Foreign portfolio investors sold stocks worth Rs 1.42 trillion in 2025, with their sales hitting Rs 12,257 crore in the first four trading days of September.

Vietnam Emerges As India's Key Defence Partner

Vietnam Emerges As India's Key Defence Partner

Rediff.com17 Nov 2025

The 15th India-Vietnam Defence Dialogue signalled a move from routine talks to deeper cooperation, with new deals on submarine rescue and defence industry to support stability in the Indo-Pacific, notes Dr Rajaram Panda.

India's energy sector battles taxes, global turmoil

India's energy sector battles taxes, global turmoil

Rediff.com13 Oct 2025

India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.

Smallcaps Face Their Toughest Samvat Yet

Smallcaps Face Their Toughest Samvat Yet

Rediff.com18 Oct 2025

'Defence, capital goods, engineering, capital market-related stocks, autos, and cement sectors are my bullish bets for Samvat 2082.'

World's Top Schools Set Sights On India

World's Top Schools Set Sights On India

Rediff.com3 Nov 2025

In the academic year 2024-2025, the IB had 258 authorised schools in India, up from 183 schools in 2019.

'Potential Threats To India's Security From Saudi-Pak Pact Are Serious, But Manageable'

'Potential Threats To India's Security From Saudi-Pak Pact Are Serious, But Manageable'

Rediff.com30 Sep 2025

'Saudi-Pak defence pact is to anchor the defence and security of Saudi Arabia and not Pakistan, per se, with Islamabad being the junior partner.'

Cognizant looks to break into top four IT services companies by 2027

Cognizant looks to break into top four IT services companies by 2027

Rediff.com28 Mar 2025

Cognizant has said it aims to be back among India's top four IT services companies by 2027 by improving revenue, market share, bagging large deals, and gradual margin expansion. The Nasdaq-listed company does a major part of its business in India, but has trailed peers such as Tata Consultancy Services and Accenture over the last few years as growth tapered, margins squeezed, and attrition soared.

Sensex rises 314 pts on rebound in IT stocks

Sensex rises 314 pts on rebound in IT stocks

Rediff.com9 Sep 2025

Tech Mahindra, Adani Ports, HCL Tech, Tata Consultancy Services and Bajaj Finserv were also among the gainers. However, Trent, Eternal, UltraTech Cement and NTPC were among the laggards.

Reits keep lights on for India's office leasing as market flickers

Reits keep lights on for India's office leasing as market flickers

Rediff.com13 Oct 2025

With average returns of 18 per cent over the past year, listed real estate investment trusts (Reits) have clearly outperformed both the Nifty Realty index and the Sensex. Over the same period, Nifty Realty fell 15.5 per cent, while the benchmark index was largely unchanged. Steady office leasing, the Securities and Exchange Board of India's (Sebi's) decision to reclassify Reits as equity instruments, and ongoing portfolio expansion have strengthened the sector's appeal.

$282 Billion Indian IT Industry In US Right Wing's Cross Hairs

$282 Billion Indian IT Industry In US Right Wing's Cross Hairs

Rediff.com17 Sep 2025

The US remains the largest market for IT outsourcing, and for Indian giants TCS, Infosys and Wipro, it contributes around 40 per cent of their top line.

GST, 'bachat', 'swadeshi' in Modi's address amid Trump threats

GST, 'bachat', 'swadeshi' in Modi's address amid Trump threats

Rediff.com21 Sep 2025

Prime Minister Modi urged the people of the country to take pride in selling and buying indigenous goods.

Sri Lanka: Paradiso For Travellers

Sri Lanka: Paradiso For Travellers

Rediff.com25 Nov 2025

Sri Lanka stays with you not just in memory, but gently reminds you what a society can achieve when heart and heritage guide the way.

Delhi sees spike in eye injuries due to carbide guns during Diwali

Delhi sees spike in eye injuries due to carbide guns during Diwali

Rediff.com29 Oct 2025

AIIMS-Delhi reports a rise in eye injuries caused by carbide guns during Diwali, prompting calls for a ban on these dangerous chemical firecrackers. Doctors report severe chemical burn-like injuries and highlight the need for stricter regulations and awareness.

Stock markets fall dragged by IT stocks

Stock markets fall dragged by IT stocks

Rediff.com22 Sep 2025

From the Sensex firms, Tech Mahindra, Tata Consultancy Service, Infosys, HCL Tech, Tata Motors, Trent, Reliance Industries and Larsen & Toubro were among the major laggards. However, Eternal, Bajaj Finance, Adani Ports and UltraTech Cement were among the gainers.

Sensex, Nifty tumble nearly 1% on foreign fund outflows

Sensex, Nifty tumble nearly 1% on foreign fund outflows

Rediff.com9 Jan 2025

From the 30-share Sensex blue-chip pack, Tata Steel, Zomato, Larsen & Toubro, Tata Motors, Adani Ports, Tata Consultancy Services, HDFC Bank and NTPC were the major laggards. Nestle, Hindustan Unilever, Mahindra & Mahindra, Kotak Mahindra Bank, Asian Paints and Bharti Airtel were among the gainers.

'Efforts to build ties with India, Modi undone in just months'

'Efforts to build ties with India, Modi undone in just months'

Rediff.com10 Sep 2025

Democratic Senator Jeanne Shaheen's comments came amid a major downturn between New Delhi and Washington after US President Donald Trump doubled tariffs on Indian goods to a whopping 50 percent, including a 25 percent additional duties for India's purchase of Russian crude oil.

AI: '8 Out Of 10 Jobs At Risk'

AI: '8 Out Of 10 Jobs At Risk'

Rediff.com29 Sep 2025

AI will erase outsourcing jobs, redefine skills and disrupt global giants within five years, predicts Vinod Khosla. The IT legend urges young people to become generalists: Adaptable thinkers who can learn quickly, connect dots across disciplines and shift careers as technologies evolve.

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

Antwerp court clears fugitive jeweller Mehul Choksi's extradition

Antwerp court clears fugitive jeweller Mehul Choksi's extradition

Rediff.com18 Oct 2025

A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.

How India Got The MiG-21 63 Years Ago

How India Got The MiG-21 63 Years Ago

Rediff.com26 Sep 2025

The MiG-21 episode demonstrates that procurement is always strategic.
Choices about what aircraft to acquire, who builds them, who supplies the spares, who trains the pilots and technicians are decisions with political consequences lasting for decades.

'Pak troops were unable to handle foreign drones'

'Pak troops were unable to handle foreign drones'

Rediff.com20 May 2025

The Indian Army used Medium Machine Guns (MMGs) to target Pakistani Army forward posts along the Line of Control (LoC), inflicting heavy casualties during a ceasefire violation on the intervening night of May 7-8.

President Nominates Nikam, Shringla To Rajya Sabha

President Nominates Nikam, Shringla To Rajya Sabha

Rediff.com13 Jul 2025

Former foreign secretary Harsh Vardhan Shringla, Special Public Prosecutor Ujjwal Nikam, Kerala BJP leader C Sadanandan Master and Delhi-based historian Meenakshi Jain have been nominated to the Rajya Sabha.