News for 'Foreign Trade Policy'

60% of top 500 stocks achieved their 12-month price target set by analysts

60% of top 500 stocks achieved their 12-month price target set by analysts

Rediff.com17 Oct 2023

As many as 267 of 453 companies from the BSE500 index are trading above their consensus price targets, according to the data compiled by Bloomberg. Not all companies in the BSE500 index are tracked by analysts.

Exports may dip 5.8%, imports by 11.3% in H2 of 2020-21: Survey

Exports may dip 5.8%, imports by 11.3% in H2 of 2020-21: Survey

Rediff.com29 Jan 2021

The country's exports are expected to contract by 5.8 per cent and imports by 11.3 per cent during the second half of the current financial year, though implementation of several measures by the government would help support exports going forward, according to the Economic Survey 2021. With gradual recovery of economic activities, the survey said that imports and exports have picked up. During the first half of 2020-21 (April-September), exports dipped by 21.31 per cent to $125.25 billion while imports declined by 40 per cent to $148.69 billion.

Xi, Putin hint at political settlement to end Ukraine war

Xi, Putin hint at political settlement to end Ukraine war

Rediff.com16 May 2024

"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.

Markets end in red; Sensex tanks 299 points at close

Markets end in red; Sensex tanks 299 points at close

Rediff.com24 Jul 2023

From the Sensex pack, IndusInd Bank, Mahindra & Mahindra, PowerGrid and Bajaj Finserve gained up to 2.01 per cent. On the other hand, bellwether stocks such as ITC, Kotak Mahindra, Tech Mahindra and Reliance were the laggards. ITC shares closed the session with a loss of 3.87 per cent lower and Reliance ended 1.92 per cent lower.

'Balanced advantage funds are good option'

'Balanced advantage funds are good option'

Rediff.com30 Jan 2024

'.. if you do not want to take the asset allocation call.'' 'This category of funds can offer optimum risk-adjusted returns.'

Investors become richer by Rs 128.77 lakh cr in FY24

Investors become richer by Rs 128.77 lakh cr in FY24

Rediff.com28 Mar 2024

Riding on a bull run, equity investors became richer by Rs 128.77 lakh crore in the 2023-24 fiscal, driven by robust fundamentals of the Indian economy, increased investment inflows and promising corporate earnings. After a muted performance in 2022-23, equity markets made a remarkable recovery in FY24, giving handsome returns to investors. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in 2023-24.

Export preparedness: Tamil Nadu takes top spot, Gujarat slips to 4th

Export preparedness: Tamil Nadu takes top spot, Gujarat slips to 4th

Rediff.com18 Jul 2023

After topping it for two consecutive years, Gujarat slipped three places on the NITI Aayog's Export Preparedness Index (EPI) for 2022, as Tamil Nadu emerged as the most export-ready state, the central think tank said in its report released on Monday. In a continuing trend, coastal states were found to have the most robust export infrastructure, which officials attributed to the integration of maritime trade into the core of their economies. Maharashtra and Karnataka retained their positions -- second and third, respectively; Haryana was ranked first among landlocked states and fifth overall.

'I am worried about Modi's foreign policy'

'I am worried about Modi's foreign policy'

Rediff.com2 May 2014

'If Modi were to be elected, he would be part of a coalition government, and within that he would have to take this minority into account. Muslims cannot relate to the idea of Hindu nationalism. Although it is presented as a pan-Indian idea, it appears to them to be exclusive.'

RBI eases norms for foreign investors in currency derivatives

RBI eases norms for foreign investors in currency derivatives

Rediff.com3 Jun 2014

The central bank had in July last year imposed curbs such as doubling of margin requirement and a ceiling on position limits on exchange-traded currency derivatives.

Sensex rallies over 450 pts on last trading day of 2021

Sensex rallies over 450 pts on last trading day of 2021

Rediff.com31 Dec 2021

Titan was the top gainer in the Sensex pack, rising 3.5 per cent, followed by Kotak Bank, SBI, Maruti Suzuki, Bajaj Finance, HUL, Axis Bank and Sun Pharma. On the other hand, NTPC, Tech Mahindra, PowerGrid and Infosys were the laggards.

'Follow zero tolerance': Health minister on cough syrup deaths

'Follow zero tolerance': Health minister on cough syrup deaths

Rediff.com20 Jun 2023

In an exclusive interview with PTI video, the minister also said an extensive risk-based analysis is done continuously to ensure the production of quality medicines in the country, and the government and regulators are always alert to ensure that no one dies due to spurious medicines.

Why govt must prioritise attracting foreign capital

Why govt must prioritise attracting foreign capital

Rediff.com10 Oct 2018

Given the concerns around trade wars that threaten to jeopardise global capital flows as well, attracting foreign capital needs to be a policy priority, says Neelkanth Mishra.

Foreign retail investors can do biz with more than one JV

Foreign retail investors can do biz with more than one JV

Rediff.com7 Jul 2015

Clarifying norms for single brand retail trading, government on Tuesday allowed foreign investors to conduct business through more than one joint venture in India.

How India Can Defend Economy From Global Spillovers

How India Can Defend Economy From Global Spillovers

Rediff.com10 Nov 2023

While India won't be immune to global spillovers, we need to create the macro preconditions for sustained growth. Policy agility, prudence, and resilience will be key, suggests Sonal Varma.

India's exports may touch $360 bn this fiscal

India's exports may touch $360 bn this fiscal

Rediff.com6 Jun 2014

India's exports are expected to touch $360 billion in the current fiscal from $312.35 billion in 2013-14, Federation of Indian Export Organisations (FIEO) said.

'Foreign investors worried about loss of momentum'

'Foreign investors worried about loss of momentum'

Rediff.com20 Dec 2016

'The challenge in India will be reviving consumption/investment.' 'If the negative surprise in earnings is very sharp or lasts longer than March, it can trigger a sharp sell-off.'

30 Years Later, Rao-Singh's Reforms Endure

30 Years Later, Rao-Singh's Reforms Endure

Rediff.com13 Jul 2021

But their trajectory and direction have been largely influenced by politics and the political leadership's understanding of how the economy needs to be managed, explains A K Bhattacharya.

Why India's exports are likely to fly high in New Year

Why India's exports are likely to fly high in New Year

Rediff.com19 Dec 2021

After staging a strong recovery from COVID-induced slowdown in 2021, India's exports are likely to extend the growth story to the New Year also on increased demand in the global markets, boost in domestic manufacturing due to production-linked incentive schemes and implementation of some interim trade pacts. Expectations of positive growth in the country's exports are also backed up by the outlook of the World Trade Organisation (WTO) which predicts a 4.7 per cent expansion in the global merchandise trade volume in 2022. Exporters believe that the outbound shipments would cross $400 billion mark in this fiscal going by the current momentum and may reach $475 billion in 2022-23.

PM urged to reject US pressure tactics on trade, biz policies

PM urged to reject US pressure tactics on trade, biz policies

Rediff.com28 Mar 2014

The unilateral pressure by US administration on India, at the behest of US Business Associations lobby through US International Trade Commission investigations and request to USTR to enlist India under Priority Foreign Country under Special 301 review, lacks legitimacy under WTO framework, the signatories to the letter said.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com11 Jun 2023

Announcement of macroeconmic data such as industrial production and inflation, the US Federal Reserve's interest rate decision along with trends in global equities would dictate movement in the stock market this week, analysts said. Besides, foreign fund trading activity would also guide the trends in equities. "All eyes are now on the US Fed policy outcome for cues, which is scheduled on June 14. In the following sessions, the European Central Bank (ECB) and Bank of Japan (BoJ) will also announce their policy decisions.

Wait, your US visa could be coming from China!

Wait, your US visa could be coming from China!

Rediff.com31 Mar 2023

Due to the huge pile-up of visa applications, the US consular officers in the neighbouring country are now adjudicating Indian visa applications where interview requirements have been waived.

Even NITI Aayog members are clueless about its role

Even NITI Aayog members are clueless about its role

Rediff.com6 Jan 2015

Bibek Debroy raised seven questions about the new institution.

BRICS doubles in size with 5 new members; Putin hints at further expansion

BRICS doubles in size with 5 new members; Putin hints at further expansion

Rediff.com3 Jan 2024

In August, the top BRICS leaders at the grouping's summit in Johannesburg approved a proposal to admit six countries, including Argentina, into the bloc with effect from January 1.

'Trust can only be earned over long periods of time'

'Trust can only be earned over long periods of time'

Rediff.com26 Jun 2023

'This is still a relatively immature defense and high-tech relationship.'

Nifty closes at record high; Sensex gains 246 points

Nifty closes at record high; Sensex gains 246 points

Rediff.com13 Sep 2023

Titan, IndusInd Bank, Axis Bank, State Bank of India, Power Grid, NTPC and Tata Motors were among the among the major gainers. Mahindra & Mahindra, Larsen & Toubro, Nestle, JSW Steel, Infosys and Tata Consultancy Services, Tech Mahindra and Maruti were the major laggards.

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.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com2 Apr 2023

RBI's interest rate decision, macroeconomic data and global trends would dictate terms in the equity market in a holiday-shortened week, analysts said. Besides, the focus will also be on foreign portfolio investors' trading activity, they added. Equity markets will remain closed on Tuesday for 'Mahavir Jayanti' and on Friday on account of 'Good Friday'.

How the markets will fare this week

How the markets will fare this week

Rediff.com29 Oct 2023

The US Federal Reserve's interest rate decision, global cues, macroeconomic data announcements and the ongoing quarterly earnings are the major triggers that will dictate trends in stock markets this week, analysts said. Besides, the trading activity of foreign investors and the movement of global oil benchmark Brent crude will also be tracked. "All eyes are on the outcome of the US Federal Reserve meeting scheduled for November 1, particularly due to the multi-year high levels of the US bond yields.

Xi must rein in the PLA from running its own foreign policy

Xi must rein in the PLA from running its own foreign policy

Rediff.com18 Sep 2014

'Clearly, there is a wide gap between the stated intentions of China's top leadership to improve relations with India and the PLA's aggressive border management,' says Brigadier Gurmeet Kanwal (retd).

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.

Rupee falls 9 paise to settle at all-time low of 83.13/USD

Rupee falls 9 paise to settle at all-time low of 83.13/USD

Rediff.com6 Sep 2023

The rupee depreciated by 9 paise and settled at its all-time low level of 83.13 against the US dollar on Wednesday, weighed down by a surge in crude oil prices and strong American currency. Forex traders said the Indian rupee depreciated as the US dollar rose to the highest levels in six months. Moreover, elevated crude oil prices also weighed on rupee.

Biz climate improves in May; growth likely to be at 5.3%

Biz climate improves in May; growth likely to be at 5.3%

Rediff.com4 Jun 2013

The 'BluFin Business Cycle Indicator', which reflects various macroeconomic trends on a monthly basis, stood at 166.3 points in May, 5.8 per cent higher compared to the same month last year, suggesting that the Indian economy is growing at a faster rate than the previous year.

Indian investors can trade in select US stocks via NSE IFSC from March 3

Indian investors can trade in select US stocks via NSE IFSC from March 3

Rediff.com2 Mar 2022

From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts (DRs). For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalised Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India (RBI), which currently stand at $250,000 per year.

You should listen to your father: Cong to Jaishankar

You should listen to your father: Cong to Jaishankar

Rediff.com22 Feb 2023

Congress spokesperson Supriya Shrinate also alleged that foreign policy has been reduced to photo-ops and a chest-thumping exercise and is being used to secure contracts for a businessman.

Atmanirbharta Complicates India-US Arms Deals

Atmanirbharta Complicates India-US Arms Deals

Rediff.com17 Feb 2024

Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.

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.

'Banks are actively working on several IPOs'

'Banks are actively working on several IPOs'

Rediff.com21 Dec 2023

'The deal pipeline across products is robust for 2024.'

Banking, FMCG, pharma shares drag Sensex down 366 points

Banking, FMCG, pharma shares drag Sensex down 366 points

Rediff.com11 Aug 2023

From the Sensex pack, IndusInd Bank, NTPC, Asian Paints, Hindustan Unilever, JSW Steel, Tech Mahindra, Bajaj Finance, Infosys, Wipro, ICICI Bank, Bajaj Finserv, HDFC Bank and Tata Motors were among the major laggards. HCL Technologies, Power Grid, Titan, Reliance Industries, UltraTech Cement, Tata Steel, State Bank of India and Mahindra & Mahindra were the gainers.

How India Can Overtake China

How India Can Overtake China

Rediff.com24 Feb 2023

India must integrate more with East Asia by getting into regional trade arrangements, lower its tariff walls, and improve the quality of its workforce, suggests T N Ninan.