News for 'Foreign Trade'

Why So Much Hatred For English?

Why So Much Hatred For English?

Rediff.com21 Jul 2025

There is no guarantee that if we speak in only Indian languages, all our faults will be washed away and India will shine. Why then do they bully and belittle the English-speaking? asks Shyam G Menon.

What's The Point Of Quad If Trump Equates India-Pakistan?

What's The Point Of Quad If Trump Equates India-Pakistan?

Rediff.com3 Jul 2025

If the only superpower, which calls India an ally, sees the region through an India-Pakistan prism, it is unacceptable. Rather than endorse India's sphere of influence, this undermines it, asserts Shekhar Gupta.

Don't equate victim, perpetrator of terror attacks: Misri in Tokyo

Don't equate victim, perpetrator of terror attacks: Misri in Tokyo

Rediff.com22 May 2025

India's Foreign Secretary Vikram Misri has underscored the importance of not equating the victims and perpetrators of terror attacks, highlighting the need for global unity in combating terrorism. Speaking at Raisina Tokyo 2025, Misri expressed appreciation for Japan's support following the recent terror attack in Pahalgam, India. He also cautioned against the trend of some Western countries hyphenating India and Pakistan in the context of their recent military confrontation. Misri further outlined India's economic aspirations and its commitment to becoming a factor of stability in a turbulent world.

Sensex jumps over 700 points, Nifty reclaims 25,000

Sensex jumps over 700 points, Nifty reclaims 25,000

Rediff.com6 Jun 2025

Maruti, IndusInd Bank, Bajaj Finserv, Eternal, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Titan, HDFC Bank, and NTPC were among the other major gainers. Bharti Airtel and Sun Pharma were the laggards.

A bigger success than....: Trump on India, Pak truce

A bigger success than....: Trump on India, Pak truce

Rediff.com17 May 2025

Trump went on to say that "I'm using trade to settle scores and to make peace."

FTA talks may figure in Sitharaman's London meetings

FTA talks may figure in Sitharaman's London meetings

Rediff.com31 Mar 2025

Issues related to the proposed free trade agreement (FTA) and bilateral investment treaty between India and the UK are expected to figure during the three-day visit of Finance Minister Nirmala Sitharaman to London from April 8-10, official sources said. The minister will attend a host of meetings, including the India-United Kingdom Economic and Financial Dialogue, in London.

Sensex, Nifty end in red on rising India-Pak tensions

Sensex, Nifty end in red on rising India-Pak tensions

Rediff.com8 May 2025

From the Sensex firms, Eternal, Mahindra & Mahindra, Maruti, Bajaj Finance, Tata Steel, Bharti Airtel, Bajaj Finserv, Asian Paints, Power Grid and State Bank of India were among the laggards. Kotak Mahindra Bank, Axis Bank, Titan, HCL Tech, Tata Motors, Infosys and Tata Consultancy Services were the gainers.

Govt mulls nuclear energy law revamp to allow private sector entry

Govt mulls nuclear energy law revamp to allow private sector entry

Rediff.com19 May 2025

Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants.

Iran, Saudi reach out to India, Pak for de-escalation

Iran, Saudi reach out to India, Pak for de-escalation

Rediff.com26 Apr 2025

As tensions escalated between India and Pakistan following the deadly Pahalgam terror attack, Iran reached out to both countries, urging de-escalation. Saudi Arabia also expressed concern, with its foreign minister engaging in phone conversations with his Indian and Pakistani counterparts. Iran's foreign minister, Seyed Abbas Araghchi, emphasized the importance of bilateral relations, stating Tehran's willingness to "forge greater understanding" at this critical time. Saudi Arabia's foreign minister, Faisal bin Farhan Al Saud, spoke with both India's External Affairs Minister S Jaishankar and Pakistan's Foreign Minister Mohammad Ishaq Dar. Amidst heightened tensions, India has taken a series of punitive measures against Pakistan, including suspending the Indus Waters Treaty and downgrading diplomatic ties. Pakistan responded by shutting its airspace to Indian airliners and suspending all trade. Both countries exchanged warnings, with Pakistan emphasizing its commitment to "respond firmly to any aggression."

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com20 Apr 2025

Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Investors would also focus on world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues, experts noted.

Investors become poorer by Rs 4.12 lakh cr in morning trade

Investors become poorer by Rs 4.12 lakh cr in morning trade

Rediff.com6 Sep 2024

Investors' wealth plummeted by Rs 4.12 lakh crore during the morning trade on Friday as markets faced a massive correction tracking a weak trend in global peers and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tanked 896.7 points or 1.09 per cent to 81,304.46 during the morning trade.

India, China set to resume Mansarovar yatra; agree on flight services

India, China set to resume Mansarovar yatra; agree on flight services

Rediff.com18 Apr 2025

India is preparing to resume the Kailash Mansarovar Yatra, a pilgrimage to Mount Kailash in Tibet, after a three-year hiatus. The decision comes as part of efforts to improve relations between India and China, which have been strained since a military standoff in 2020. The two countries have also agreed in principle to resume flight services between them.

Dhaka's certain measures....: India on ending transshipment pact with B'desh

Dhaka's certain measures....: India on ending transshipment pact with B'desh

Rediff.com18 Apr 2025

India has withdrawn the transhipment facility it extended to Bangladesh for exports to third countries, citing congestion at ports and airports. The decision comes after Bangladesh's interim government halted yarn imports from India and closed three land ports. The move has raised concerns about a downturn in India-Bangladesh relations following political instability and attacks on minorities in Bangladesh.

Matter of foreign policy: SC rejects plea for halting arms export to Israel

Matter of foreign policy: SC rejects plea for halting arms export to Israel

Rediff.com9 Sep 2024

A bench comprising Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Misra said Indian firms, involved in the export of arms and equipment to Israel, may be sued for breach of contractual obligations if they are stopped by it from supplying.

'Inadvertent': Reliance withdraws Op Sindoor trademark application

'Inadvertent': Reliance withdraws Op Sindoor trademark application

Rediff.com8 May 2025

Reliance Industries Ltd has withdrawn its trademark application for the term 'Operation Sindoor' -- the codename for India's military strikes in Pakistan -- stating that it was inadvertently filed by a junior employee without authorisation.

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Rediff.com9 May 2025

Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict.

Behind Trump's 26% tariff: India 'very tough, Modi great friend, but...'

Behind Trump's 26% tariff: India 'very tough, Modi great friend, but...'

Rediff.com3 Apr 2025

"Their Prime Minister just visited -- he's a great friend -- but I told him, 'You're not treating us right. You charge us 52%, while for years, decades even, we've c'harged you next to nothing. It wasn't until seven years ago, when I took office, that we started pushing back, beginning with China.'"

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

FPIs withdraw Rs 30,000 cr from equities in first 15 days in March

FPIs withdraw Rs 30,000 cr from equities in first 15 days in March

Rediff.com16 Mar 2025

Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions. This came following an outflow of Rs 34,574 crore from equities in February and Rs 78,027 crore in January.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com30 Mar 2025

The implication of April 2 reciprocal tariffs on global trade, trends in overseas markets and trading activity of foreign investors would dictate equity investors' sentiment in a holiday-shortened week ahead, according to analysts. Stock markets would remain closed on Monday for Eid-Ul-Fitr.

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Rediff.com12 May 2025

From the Sensex firms, Adani Ports, Eternal, Bajaj Finance, Axis Bank, Bajaj Finserv, Reliance Industries, Power Grid and NTPC were the major gainers. Sun Pharma, however, tanked over 5 per cent.

Sensex jumps 455 points, Nifty tops 25K

Sensex jumps 455 points, Nifty tops 25K

Rediff.com26 May 2025

From the Sensex firms, Mahindra & Mahindra, HCL Tech, Tata Motors, Nestle, ITC, Hindustan Unilever, Larsen & Toubro, and Tech Mahindra were the biggest gainers. In contrast, Eternal, UltraTech Cement, Power Grid, Tata Steel and Kotak Mahindra Bank were among the laggards. Eternal dropped 4.51 per cent.

India maintains high import duty on American goods: US report

India maintains high import duty on American goods: US report

Rediff.com1 Apr 2025

India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.

India, China draw closer amid Trump's tariff war

India, China draw closer amid Trump's tariff war

Rediff.com9 Apr 2025

Chinese President Xi Jinping on Wednesday pledged to strengthen the strategic relationships with neighbouring countries by 'appropriately' managing differences and enhancing supply chain ties as China's tariff war with the United States escalated.

Sensex, Nifty settle almost flat in lacklustre trade

Sensex, Nifty settle almost flat in lacklustre trade

Rediff.com19 Aug 2024

Among the 30 Sensex firms, Mahindra & Mahindra, IndusInd Bank, Bharti Airtel, Axis Bank, Tata Motors and ICICI Bank were the biggest laggards. In contrast, Tata Steel, Tata Consultancy Services, NTPC, JSW Steel, Asian Paints and Reliance Industries were gainers.

Extreme poverty in India falls by over 21%: World Bank

Extreme poverty in India falls by over 21%: World Bank

Rediff.com7 Jun 2025

India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to $3 per day.

Sensex gains 102 points in range-bound trade

Sensex gains 102 points in range-bound trade

Rediff.com21 Aug 2024

Among the Sensex firms, Titan, Asian Paints, ITC, Hindustan Unilever, Nestle India, Bajaj Finserv and Bharti Airtel were among the gainers. In contrast, UltraTech Cement, Tech Mahindra, Tata Steel, Power Grid, HDFC Bank, HCL Technology, State Bank of India and ICICI Bank were the laggards.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Apr 2025

Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts.

Sensex up 110 pts in choppy trade, banks gain ahead of RBI policy

Sensex up 110 pts in choppy trade, banks gain ahead of RBI policy

Rediff.com4 Dec 2024

Benchmark Sensex advanced 110 points in a choppy trade on Wednesday, extending its gains to the fourth day in a row helped by buying in HDFC Bank, ICICI Bank and fresh foreign fund inflows. The 30-share barometer rose by 110.58 points or 0.14 per cent to settle at 80,956.33 with 14 of its constituents ending with gains and 16 stocks with losses. During the day, it jumped 399.64 points or 0.49 per cent to 81,245.39 and dipped to a low of 80,630.53.

Modi-Vance talks on Monday; US VP to visit Akshardham temple

Modi-Vance talks on Monday; US VP to visit Akshardham temple

Rediff.com20 Apr 2025

Vance is expected to be accompanied by at least five senior officials, including from the Pentagon and the State Department, the people cited above said.

India hopes for temporary tariff waiver as US official comes calling

India hopes for temporary tariff waiver as US official comes calling

Rediff.com24 Mar 2025

India and the United States will finalize the contours, schedule of negotiations, and terms of reference for a proposed bilateral trade agreement (BTA) during a three-day meeting beginning Tuesday. The agreement is expected to be finalized in two tranches, with the first phase focusing on goods trade. The US team, led by Assistant US Trade Representative for South and Central Asia Brendan Lynch, will be in India from March 25-29 to discuss the agreement. Both countries are aiming to conclude the first phase of the agreement by fall 2025.

Nobody can argue with me: Trump on reciprocal tariff talks with Modi

Nobody can argue with me: Trump on reciprocal tariff talks with Modi

Rediff.com19 Feb 2025

'India has very strong tariffs on certain imports from the US. Like in the automobile sector, India charges 100 per cent'

Infographic: How good is India's foreign trade this fiscal

Infographic: How good is India's foreign trade this fiscal

Rediff.com16 Jun 2016

A look at India's foreign trade balance.

Singapore's ruling party sweeps back to power

Singapore's ruling party sweeps back to power

Rediff.com4 May 2025

Singapore's long-ruling People's Action Party (PAP), led by Prime Minister Lawrence Wong, has secured a landslide victory in the country's general election. The PAP won 87 of 97 seats, with voters endorsing the party's focus on stability and economic security amidst global uncertainties. Wong expressed gratitude for the strong mandate and vowed to tackle concerns about the cost of living and housing. The results mark a significant win for the PAP, which has been in power since Singapore's independence in 1965.

Global majors keen to make e-cars in India; Tesla quiet

Global majors keen to make e-cars in India; Tesla quiet

Rediff.com4 Jun 2025

Elon Musk-led Tesla Inc is yet to express interest in India's flagship scheme to attract global investment in electric vehicle (EV) manufacturing, said Union Minister for Heavy Industries H D Kumaraswamy on Monday. In contrast, multiple global automobile giants -- such as Mercedes-Benz, koda Auto Volkswagen, Hyundai Motor, and Kia Motors -- are keen to participate, the minister noted.

Operation Sindoor Outreach What Did Panda & Co Achieve In West Asia?

Operation Sindoor Outreach What Did Panda & Co Achieve In West Asia?

Rediff.com5 Jun 2025

'It is high time that the 'war on terror' is removed from our diplomatic toolbox.' 'Certainly, our parliamentarians have no role in it,' asserts Ambassador M K Bhadrakumar.

Trump slaps 26% reciprocal tariffs on India, 34% on China

Trump slaps 26% reciprocal tariffs on India, 34% on China

Rediff.com3 Apr 2025

US President Donald Trump announced a 26 per cent "discounted reciprocal tariff" on India, half of the 52 per cent levies imposed by India on American goods, as he described India as "very, very tough."

If India attacks Pak, B'desh should occupy NE states: Yunus' aide

If India attacks Pak, B'desh should occupy NE states: Yunus' aide

Rediff.com2 May 2025

A former Bangladesh army officer and close aide of Chief Adviser Muhammad Yunus has suggested that Dhaka should collaborate with China to occupy India's northeastern states if it attacks Pakistan in response to the Pahalgam terror attack. Bangladesh's interim government has distanced itself from the remarks made by Major General (Retd) ALM Fazlur Rahman on his social media account. Rahman's comments come amidst growing tensions between India and Bangladesh following Yunus' remarks in China about India's northeastern states being landlocked and needing Bangladesh's access to the ocean. These incidents have further strained relations between the two countries, with India withdrawing transhipment facilities granted to Bangladesh for exporting goods to the Middle East, Europe, and various other countries.

Canada's Carney snatches victory from jaws of defeat, thanks to Trump

Canada's Carney snatches victory from jaws of defeat, thanks to Trump

Rediff.com29 Apr 2025

In a dramatic turn of events, Prime Minister Mark Carney's Liberal Party secured victory in Canada's federal election, overcoming earlier predictions of defeat.

Bajaj Auto's premium segment revival needs more than just a kickstart

Bajaj Auto's premium segment revival needs more than just a kickstart

Rediff.com9 Jun 2025

Bajaj Auto - the country's most valuable two-wheeler (2W) company by market capitalisation - met Street expectations in the January-March quarter (Q4) of 2024-25 (FY25) but still ended Friday as the worst performer on the Nifty 50, slipping 3.1 per cent.