News for 'Foreign Service'

Sensex climbs 261 points tracking rally in global equities

Sensex climbs 261 points tracking rally in global equities

Rediff.com4 Jun 2025

From the Sensex firms, Eternal climbed 3.32 per cent. Bharti Airtel, IndusInd Bank, Tech Mahindra, Reliance Industries, Tata Motors, HDFC Bank, Tata Steel and Hindustan Unilever were the other major gainers. However, Bajaj Finserv, Axis Bank, Tata Consultancy Services, Titan and Larsen & Toubro were among the laggards.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com18 May 2025

Stock markets will be mainly driven by quarterly earnings by corporates, foreign fund flows and global trends this week, analysts said.

Bangladesh summons Indian envoy, suspends visa services in Agartala

Bangladesh summons Indian envoy, suspends visa services in Agartala

Rediff.com3 Dec 2024

The Bangladesh Assistant High Commission in Tripura's capital Agartala on Tuesday announced the suspension of all visa and consular services with immediate effect until further notice because of 'security reasons', a day after the mission's premises was breached by a group of people protesting against the arrest of Hindu monk Chinmoy Krishna Das in Dhaka.

'Pressure On Dollar May Continue In Near Term'

'Pressure On Dollar May Continue In Near Term'

Rediff.com12 Jun 2025

'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'

Global condolences pour in after Ahmedabad plane crash

Global condolences pour in after Ahmedabad plane crash

Rediff.com13 Jun 2025

UN chief Antonio Guterres, US President Donald Trump, his Russian counterpart Vladimir Putin and Canadian Prime Minister Mark Carney were among scores of world leaders who offered condolences to the people of India in wake of the tragic plane crash in Ahmedabad on Thursday.

Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr

Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr

Rediff.com4 Jul 2025

Markets regulator Sebi has barred US-based Jane Street Group from the securities markets and directed the group to disgorge unlawful gains of Rs 4,843 crore for allegedly manipulating stock indices through positions taken in derivatives segment. This could be the highest disgorgement amount ever directed by the Securities and Exchange Board of India (Sebi).

Civil services, armed forces must unite against cyberattacks: President Murmu

Civil services, armed forces must unite against cyberattacks: President Murmu

Rediff.com1 Oct 2024

President Droupadi Murmu on Tuesday said cyberattacks have emerged as a major threat to national security and the civil services and armed forces must join hands to create a secure nationwide system capable of thwarting them.

Savings on stamp duty draw HFTs to GIFT City

Savings on stamp duty draw HFTs to GIFT City

Rediff.com12 Jun 2025

Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.

Sensex, Nifty surge on rally in US markets, foreign fund inflows

Sensex, Nifty surge on rally in US markets, foreign fund inflows

Rediff.com26 Aug 2024

Among the 30 Sensex firms, HCL Technologies, NTPC, Bajaj Finserv, Tech Mahindra, JSW Steel, Titan, Mahindra & Mahindra, Tata Steel, Larsen & Toubro and Tata Consultancy Services were the biggest gainers. Kotak Mahindra Bank, IndusInd Bank, Maruti and Hindustan Unilever were among the laggards.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com25 May 2025

Movement in the equity market this week will be guided by a host of macroeconomic data announcements, global trends and trading activity of foreign investors, analysts said. Stocks markets concluded the last week on a subdued note, as investors grappled with global uncertainties.

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Rediff.com1 Jul 2025

Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.

Iranian missile hits largest hospital in southern Israel

Iranian missile hits largest hospital in southern Israel

Rediff.com19 Jun 2025

Amid the ongoing conflict with Iran, Israel's foreign ministry said on Thursday that Soroka Hospital in Beersheba in the southern part of Israel has suffered a direct hit in a missile attack.

This is How Traders Track Multibagger Stocks

This is How Traders Track Multibagger Stocks

Rediff.com9 Jul 2025

A multibagger stock multiplies its original investment several times, delivering returns of 100%, 200%, or even higher. The excitement of finding such wealth creators is undeniable, but the process of identifying them is far from simple. It requires a careful blend of research, patience, and the right set of tools.

Delhi: Brother of man who supplied SIM cards to Pak spies held

Delhi: Brother of man who supplied SIM cards to Pak spies held

Rediff.com31 May 2025

Delhi Police has arrested another accused in connection with an ongoing investigation into an espionage racket linked to Pakistani intelligence operatives (PIOs), an official said on Saturday.

Sensex jumps 1,000 points; Nifty surges over 1%

Sensex jumps 1,000 points; Nifty surges over 1%

Rediff.com26 Jun 2025

From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.

Sensex jumps 1,200 pts, Nifty reclaims 25K after 7 months

Sensex jumps 1,200 pts, Nifty reclaims 25K after 7 months

Rediff.com15 May 2025

HCL Tech, Adani Ports, Eternal, Maruti, Reliance Industries and Asian Paints were among the gainers. HDFC Bank, ICICI Bank, Bharti Airtel and Infosys added to the rally. IndusInd Bank emerged as the only laggard.

IT stocks, weak global trends drag Sensex down 271 points

IT stocks, weak global trends drag Sensex down 271 points

Rediff.com19 May 2025

Among Sensex firms, Eternal, Infosys, Tata Consultancy Services, Tech Mahindra, Reliance Industries, Asian Paints, HCL Tech and Adani Ports were the laggards. Power Grid, Bajaj Finance, NTPC, State Bank of India and IndusInd Bank were among the gainers.

The Kashmiri Ex-Militants Who Joined The Army

The Kashmiri Ex-Militants Who Joined The Army

Rediff.com25 Jul 2025

'The Indian Army won't induct anyone who has killed Indian soldiers.' 'That's why the army respects these reformed men so much -- they're on the frontline now, protecting India.'

Where Mother Teresa Lived And Died

Where Mother Teresa Lived And Died

Rediff.com2 Jul 2025

A man sits with his eyes closed on a bench beside her grave. Another kneels at the foot of the grave in prayer. A bunch of paper slips and pens are kept on the window to write down prayer petitions

Trade deal with India: US likely to seek tariff cuts, regulatory reforms

Trade deal with India: US likely to seek tariff cuts, regulatory reforms

Rediff.com4 May 2025

The US is expected to push for sweeping changes in India's policies, ranging from tariff reductions to regulatory overhauls, that could benefit American firms and exporters, under the proposed bilateral trade agreement with India, think tank GTRI said on Sunday.

How the markets will fare this week

How the markets will fare this week

Rediff.com4 May 2025

The US Fed interest rate decision, trading activity of foreign investors and quarterly earnings from corporates would largely drive the momentum in the equity market this week, analysts said. Escalating tensions between India and Pakistan over the Pahalgam terror attack will also remain on investors' radar, they added.

'Anxious' Indian students at Harvard stare at uncertainties

'Anxious' Indian students at Harvard stare at uncertainties

Rediff.com10 Jun 2025

Indian students at Harvard, on condition of anonymity, shared their concerns and experiences of the last few months during which the prestigious university has seen relentless attacks by the Trump administration.

Gadkari favours 51% stake to foreign cos in tunnel construction JV

Gadkari favours 51% stake to foreign cos in tunnel construction JV

Rediff.com3 Sep 2024

Road Transport and Highways Minister Nitin Gadkari on Tuesday favoured giving a majority 51 per cent stake to foreign partners in joint ventures for building tunnels and detailed project reports to improve work quality. Gadkari said providing a majority stake to a foreign partner in the joint venture is necessary to ensure that only serious and technically qualified players bid for tunnel projects.

India hits back on US gen remarks, says Pak's terror record clear

India hits back on US gen remarks, says Pak's terror record clear

Rediff.com13 Jun 2025

Pakistan's record on terrorism is "very clear" and the Pahalgam attack is only the recent example of cross-border terrorism, the ministry of external affairs said on Thursday.

India Wants Pakistan Back On FATF 'Grey List'

India Wants Pakistan Back On FATF 'Grey List'

Rediff.com26 May 2025

Re-entry into the list could have far-reaching consequences for Pakistan, including diminished foreign investment, increased borrowing costs, and tighter scrutiny from global financial institutions.

How To Apply For A 50% Engineering Scholarship

How To Apply For A 50% Engineering Scholarship

Rediff.com28 May 2025

The D K Bhave Scholarship 2025 covers a maximum of 50 per cent of the total estimated first-year cost for a master's degree programme in engineering.

Why India Is Angry with Turkiye

Why India Is Angry with Turkiye

Rediff.com28 May 2025

India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.

Top 10 Careers in Arts and Humanities After Class 12

Top 10 Careers in Arts and Humanities After Class 12

Rediff.com9 Jun 2025

From event planning to digital arts, career coach Nayagam PP offers a list of exciting courses you can pursue after Class 12.

Indian student in US arrested by masked agents from near home

Indian student in US arrested by masked agents from near home

Rediff.com20 Mar 2025

Badar Khan Suri, an Indian postdoctoral fellow at Georgetown University, is facing deportation after US authorities accused him of "spreading Hamas propaganda" and having "close connections to a suspected terrorist." The Department of Homeland Security claims Suri has been actively promoting antisemitism on social media and is connected to a senior Hamas advisor. Suri's lawyer, Hassan Ahmad, argues that his client is being targeted due to his wife's Palestinian heritage and their opposition to US foreign policy towards Israel. The incident follows the self-deportation of another Indian student from Columbia University who was also accused of supporting Hamas.

How the equity markets will fare this week

How the equity markets will fare this week

Rediff.com23 Mar 2025

Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said. Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent.

Mumbai rains: BJP's Ashish Shelar blames Shiv Sena-UBT

Mumbai rains: BJP's Ashish Shelar blames Shiv Sena-UBT

Rediff.com26 May 2025

Maharashtra Minister Ashish Shelar has accused the Shiv Sena (UBT) of mismanaging the Brihanmumbai Municipal Corporation (BMC), alleging that the opposition party and contractors misappropriated funds for the BRIMSTOWAD drainage system and Mithi River cleaning. Shelar claimed that the Sena (UBT) and BMC contractors looted Mumbai and did not complete the BRIMSTOWAD project work in 25 years, which could have saved Mumbai from flooding. He also alleged that Rs 1,000 crores were spent by the BMC on bogus Mithi River cleaning. Shelar's accusations come amidst heavy rainfall in Mumbai, which has exacerbated the city's monsoon woes. The incomplete BRIMSTOWAD project and inadequate desilting of nullahs have drawn criticism for the city's unpreparedness.

Trade war hit on India likely to be limited: RBI

Trade war hit on India likely to be limited: RBI

Rediff.com23 Apr 2025

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.

Banking, oil shares drag Sensex down 156 points

Banking, oil shares drag Sensex down 156 points

Rediff.com6 May 2025

Among Sensex firms, Eternal, Tata Motors, State Bank of India, Adani Ports, NTPC, IndusInd Bank, Bajaj Finance, Asian Paints, Axis Bank and Sun Pharma were the major losers. Bharti Airtel, Tata Steel, Mahindra & Mahindra, Hindustan Unilever, Nestle and Maruti were among the gainers.

After The Ceasefire: What Can India Expect?

After The Ceasefire: What Can India Expect?

Rediff.com12 May 2025

'One good outcome of Operation Sindoor -- perhaps, its best outcome -- could be that India has resumed meaningful contact directly with Pakistan at the military-to-military level,' observes Ambassador M K Bhadrakumar.

When SC praised Col Sofia Qureshi who held Op Sindoor briefing

When SC praised Col Sofia Qureshi who held Op Sindoor briefing

Rediff.com8 May 2025

The top court also referred to the distinctions achieved by women officers, and put out an example of Col Qureshi's achievements.

Meet Colonel Sofiya Qureshi

Meet Colonel Sofiya Qureshi

Rediff.com7 May 2025

In a composed and clear presentation, Colonel Sofiya Qureshi announced that nine terrorist facilities had been destroyed in the tri-services operation.

No nuclear signalling by Pak during conflict, Misri tells Parl panel

No nuclear signalling by Pak during conflict, Misri tells Parl panel

Rediff.com19 May 2025

The sources said Misri reiterated the government's stand that the decision to stop military actions was taken at a bilateral level, as some opposition members questioned US President Donald Trump's repeated assertions about his administration's role in stopping the conflict.

Harvard's 788 Indian Students: What Next?

Harvard's 788 Indian Students: What Next?

Rediff.com23 May 2025

The Trump administration has revoked Harvard University's eligibility to enrol foreign students, raising concerns over the legal status of thousands of students, including nearly 800 from India, currently enrolled at the varsity.

Mutual Fund Cash Exposure Declines For The First Time In Six Months

Mutual Fund Cash Exposure Declines For The First Time In Six Months

Rediff.com27 Jun 2025

The top 20 fund houses held 6.8 per cent of their portfolios in cash as of May 31, down from a record high of 7.2 per cent in April 2025.

Markets end lower on profit taking in IT shares

Markets end lower on profit taking in IT shares

Rediff.com16 May 2025

HCL Tech, State Bank of India, Infosys, Tech Mahindra, Tata Consultancy Services, Bajaj Finserv, Larsen & Toubro, Mahindra & Mahindra and Titan were also among the losers in the Sensex pack. Eternal, Hindustan Unilever, Asian Paints, ITC, Tata Motors and NTPC were among the gainers.