News for 'Foreign Trade Development Centre'

India Needs A National Security Strategy

India Needs A National Security Strategy

Rediff.com4 Oct 2024

The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).

Modi Bluster Missing From Budget

Modi Bluster Missing From Budget

Rediff.com26 Jul 2024

With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.

China 'firmly opposes external interference' in Maldives

China 'firmly opposes external interference' in Maldives

Rediff.com12 Jan 2024

'The two sides agree to continue firmly supporting each other in safeguarding their respective core interests,' a joint statement issued at the end of Muizzu's talks with Chinese leaders said.

How will the markets fare in the Budget week?

How will the markets fare in the Budget week?

Rediff.com28 Jan 2024

Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.

Centre-Bengal ties may hold key to investments

Centre-Bengal ties may hold key to investments

Rediff.com6 May 2021

Though the mandate is seen largely an outcome of Banerjee's welfare schemes, she has promised to industrialise at a faster pace, or so read the manifesto.

Why are foreign banks marching out of retail banking?

Why are foreign banks marching out of retail banking?

Rediff.com27 Mar 2022

Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.

Budget may open window for big-ticket foreign investments

Budget may open window for big-ticket foreign investments

Rediff.com26 Jan 2021

The Centre plans to create a special window for strategically important investors such as sovereign wealth funds and pension funds that wish to invest over Rs 3,000 crore through a single transaction.

Centre wants UID for every cow in country to curb smuggling

Centre wants UID for every cow in country to curb smuggling

Rediff.com24 Apr 2017

The UID number should have age, breed, sex, lactation, height, body, colour, horn type, tail switch and special marks details of the animal, the Centre said.

Modi Or Manmohan? Who Travelled More?

Modi Or Manmohan? Who Travelled More?

Rediff.com27 Feb 2024

While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.

'Historically, 2023 is the best year for India-US ties'

'Historically, 2023 is the best year for India-US ties'

Rediff.com8 Dec 2023

The relationship between the US and India has been very productive, in particular on the trade and technology front, and 2023 can be considered the best year historically for bilateral ties, according to a former top American trade official. Arun Kumar, an Indian-American, who served as the assistant secretary of Commerce for Global Markets and director general of the US and Foreign Commercial Service (USFCS) during the Obama administration, said this during an interview with PTI in Washington. "Looking back on 2023, it was a very productive year for the US-India relationship, by many accounts the best year historically," he said.

Indian Navy commandos board hijacked ship, rescue all 21 on board

Indian Navy commandos board hijacked ship, rescue all 21 on board

Rediff.com5 Jan 2024

Indian Navy's elite marine commandos on Friday rescued 21 crew members including 15 Indians from a bulk carrier in the North Arabian Sea and sanitised it in a swift operation while responding to an attempted hijacking of the Liberian-flagged vessel by around five-six armed personnel.

Will build on privileged strategic ties with India: Russia

Will build on privileged strategic ties with India: Russia

Rediff.com31 Mar 2023

In the document, Russia underlined that it will build on a privileged strategic partnership with India with a view to enhance and expand cooperation in all areas on a mutually beneficial basis.

Extend trading hours, brokers tell govt

Extend trading hours, brokers tell govt

Rediff.com12 Nov 2017

Brokers also want tax rebates, removal of additional tax on dividends, streamlining of GST...

India's growth trajectory secure: FinMin's monthly economic review

India's growth trajectory secure: FinMin's monthly economic review

Rediff.com4 Aug 2023

Improved monsoon, solid fiscal performance, and capex push by the public and private sectors augurs well for India's macroeconomic stability and growth, the finance ministry's monthly economic review for June 2023 said. But the report said that while India's domestic fundamentals remain strong, negative cross-border spillovers and adverse global developments could act as a deterrent in achieving the high growth path this financial year. "An improved matching of aggregate supply and aggregate demand in the Indian economy underpins the progress made in the control of domestic inflation and the consequent strengthening of macroeconomic stability," the review said.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

'US-India should focus on trade to counter China'

'US-India should focus on trade to counter China'

Rediff.com14 Dec 2020

'I hope that the incoming Biden-Harris Administration works with India to address some of the most profound geopolitical transboundary challenges.'

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Rediff.com28 Feb 2023

Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.

'Modi'fication of foreign policy

'Modi'fication of foreign policy

Rediff.com25 Oct 2013

Narendra Modi's promise to allow states a bigger say in strategising and building foreign policy is unexceptionable, says TP Sreenivasan.

Niggling issues in India-US mini trade deal mostly addressed: Commerce Secy

Niggling issues in India-US mini trade deal mostly addressed: Commerce Secy

Rediff.com4 Feb 2021

India has demanded resumption of export benefits to certain domestic products under GSP, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering. On the other hand, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, data localisation, and import duties cut on some ICT products.

On the table before Modi-Biden: Closer defence, tech ties

On the table before Modi-Biden: Closer defence, tech ties

Rediff.com19 Jun 2023

Stepping up defence cooperation, India and the US are poised to unveil a roadmap for industries in the sector to partner closely in co-production, co-development and maintaining supply change during Prime Minister Narendra Modi's visit to the US beginning June 21.

States given 1.28 cr PPEs, 3 cr N95s, 10 cr HCQ tablets: Centre

States given 1.28 cr PPEs, 3 cr N95s, 10 cr HCQ tablets: Centre

Rediff.com13 Aug 2020

In addition, 22,533 'Make in India' ventilators have been delivered to various states, Union territories and central institutions, the ministry said, adding that the Centre is also ensuring the installation and commissioning of the machines.

FCRA challenge for foreign think tanks in India

FCRA challenge for foreign think tanks in India

Rediff.com28 Sep 2020

Funding challenges are not limited to just one think tank. Several scholars say that access for conducting research and getting foreign funds has become a major hurdle for think tanks, with the government raising many questions regarding such inflows. As a result, many think tanks are keeping a low profile and becoming less prolific.

Chinese Premier Li faces tough time at G20 Summit as India steals the show

Chinese Premier Li faces tough time at G20 Summit as India steals the show

Rediff.com10 Sep 2023

Li also had a difficult meeting with some of the Western leaders on the sidelines, especially Italian Prime Minister Giorgia Meloni, who has signalled Italy's resolve to quit China's famed Belt and Road Initiative for its failure to bring the expected results to Rome.

'Narasimha Rao was a prime minister with an open mind'

'Narasimha Rao was a prime minister with an open mind'

Rediff.com2 May 2023

'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'

Modi, Xi discuss terror, trade in 2.5-hr dinner conversation

Modi, Xi discuss terror, trade in 2.5-hr dinner conversation

Rediff.com12 Oct 2019

External Affairs Ministry Spokesperson Raveesh Kumar described the engagement between Modi and Xi on the first day of the Informal summit as 'highly productive'.

India welcomes world leaders as G20 summit kicks off on Saturday

India welcomes world leaders as G20 summit kicks off on Saturday

Rediff.com8 Sep 2023

The silver lining for India's presidency is likely to be the support by almost all G20 countries to its proposal to include the African Union as a permanent member of the bloc that has emerged as perhaps the most influential multilateral forum after the United Nations.

Canada withdraws 41 diplomats from India amid row

Canada withdraws 41 diplomats from India amid row

Rediff.com20 Oct 2023

Canada will be pausing all in-person services at the consulates in Chandigarh, Mumbai and Bengaluru and is now directing all Canadians in India to the High Commission in New Delhi.

India downplays China, Saudi absence as G20 events kicks off in Srinagar

India downplays China, Saudi absence as G20 events kicks off in Srinagar

Rediff.com22 May 2023

Delegates of all G20 countries, barring China, arrived in Srinagar on Monday for the third working group meeting on tourism -- a much-anticipated event for which authorities have made extensive security arrangements and spruced up the summer capital of Jammu and Kashmir.

Trade war is Trump's bid to halt China's rise

Trade war is Trump's bid to halt China's rise

Rediff.com28 Sep 2018

Chinese observers believe the Sino-US relationship will be impacted by issues in North Korea, Japan, India, Ukraine and Iran and that conflicts with these 'third parties' will without exception ultimately become conflicts between China and the US, points out former RA&W officer Jayadeva Ranade.

How Modi will change India's foreign policy

How Modi will change India's foreign policy

Rediff.com14 May 2014

'Foreign policy-making cannot be shifted out of Delhi and the regional satraps, who do not have a national perspective, should not be allowed to dominate foreign policy. But regional inputs should be integral to foreign policy-making at every step of the way,' says Ambassador T P Sreenivasan.

Govt cancels FCRA licences of 2 NGOs headed by Sonia Gandhi

Govt cancels FCRA licences of 2 NGOs headed by Sonia Gandhi

Rediff.com23 Oct 2022

The action came after investigations carried out by an inter-ministerial committee formed by the home ministry in 2020.

Crypto Bourses Under The Scanner

Crypto Bourses Under The Scanner

Rediff.com26 Nov 2022

Crypto exchanges have been asked to furnish details this month itself.

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga becomes first Indian-American to head World Bank

Rediff.com3 May 2023

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."

China listening, Jaishankar brings up territorial integrity at BRICS online meet

China listening, Jaishankar brings up territorial integrity at BRICS online meet

Rediff.com1 Jun 2021

The five-nation grouping BRICS on Tuesday resolved to combat terrorism in all its forms and manifestations, including the cross-border movement of terrorists, and vowed to step up joint efforts in building support for an India-backed global framework to effectively deal with the menace.

What Are RBI's Challenges In 2024?

What Are RBI's Challenges In 2024?

Rediff.com9 Feb 2024

The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.

Confident of meeting fiscal deficit, nominal GDP targets: DEA secy

Confident of meeting fiscal deficit, nominal GDP targets: DEA secy

Rediff.com4 Sep 2023

The government is confident of meeting the fiscal deficit target of 5.9 per cent of gross domestic product (GDP) and the nominal GDP target of 10.5 per cent despite pressure in the initial months of FY24, Economic Affairs secretary Ajay Seth told Business Standard. Normally the initial months of any financial year see proportionally a higher fiscal deficit because the expenditure is evenly paced while revenue picks up in the later months, he said. "This year the proportional fiscal deficit so far is much closer to the target than in most other years.

How PM Modi Became Saint Modi

How PM Modi Became Saint Modi

Rediff.com27 Nov 2023

The transmogrification of Prime Minister Modi to Saint Modi began with the ground-breaking ceremony of the Ram temple in Ayodhya. By identifying himself with Lord Ram, Modi raised himself in popular imagination to a saintly person.

Goyal focuses on exports, industry growth

Goyal focuses on exports, industry growth

Rediff.com8 Jun 2019

Work on a dozen decisions to start by next week.

Govt has ambitious plans for the GIFT City

Govt has ambitious plans for the GIFT City

Rediff.com1 Feb 2022

The government on Tuesday said it will allow setting up of world-class foreign universities in Gandhinagar's GIFT City, free from domestic regulations, to facilitate availability of skilled manpower in the financial services space. In addition, an international arbitration centre will be set up in the GIFT City for timely settlement of disputes under international jurisprudence, Finance Minister Nirmala Sitharaman said while presenting the Union Budget for 2022-23. The centre could be on the lines of the Singapore International Arbitration Centre, or the London Commercial Arbitration Centre.

Global Economic Crisis: What India Can Do

Global Economic Crisis: What India Can Do

Rediff.com27 Apr 2022

The employment situation remains dire. Whatever can be done to promote greater low-skill employment should be pursued aggressively, advises former chief economic adviser Shankar Acharya.