News for 'Global Development Council'

Obama appoints Indian American Smita Singh to key post

Obama appoints Indian American Smita Singh to key post

Rediff.com22 Dec 2012

"The Council will inform and provide advice to the President and other senior US officials on US global development policies and practices, support new and existing public-private partnerships, and increase awareness and action in support of development by soliciting public input on current and emerging issues in the field of global development," the White House said.

Ola Electric: Can It Spark EV Adoption?

Ola Electric: Can It Spark EV Adoption?

Rediff.com26 Mar 2025

Why has the shift from ICE to electric slowed down despite initial enthusiasm?

Modi keen on early opening of New Development Bank's office in India

Modi keen on early opening of New Development Bank's office in India

Rediff.com15 Nov 2019

Modi also urged the BRICS Business Council to create a roadmap to achieve the $500 billion intra-BRICS trade target by the next summit.

If good neighbourliness is missing...: Jaishankar's dig at China, Pak

If good neighbourliness is missing...: Jaishankar's dig at China, Pak

Rediff.com16 Oct 2024

Delivering a thinly veiled message to Pakistan from its soil, External Affairs Minister S Jaishankar on Wednesday said activities across borders characterised by the 'three evils' of terrorism, extremism and separatism are unlikely to encourage trade, energy flows and connectivity.

Gold prices up 30% in 2024; set for best calendar year show in 10 yrs: WGC

Gold prices up 30% in 2024; set for best calendar year show in 10 yrs: WGC

Rediff.com14 Dec 2024

Gold price outlook 2025: Gold prices that have climbed over 30 per cent so far in 2024 to Rs 7,300 per gram in the Indian markets (up 28 per cent in dollar terms till November-end), are set for their best calendar year performance in 10 years, suggests a recent report by World Gold Council (WGC). However, this stellar run, analysts believe, may not carry through till the end of 2025 in the backdrop of economic and geopolitical headwinds.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

'US May Demand Not Just Tariff Cuts But...'

'US May Demand Not Just Tariff Cuts But...'

Rediff.com5 Mar 2025

I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'

Explainer: What is HMPV and how does it spread?

Explainer: What is HMPV and how does it spread?

Rediff.com6 Jan 2025

Human Metapneumovirus (HMPV) is a respiratory virus that causes illnesses ranging from mild respiratory discomfort to severe complications. It spreads through respiratory droplets, similar to other respiratory viruses such as RSV and influenza. This article provides an overview of HMPV including its symptoms, transmission, prevention, diagnosis, treatment, and how it differs from COVID-19.

India supports dialogue, not war: Modi at BRICS Summit

India supports dialogue, not war: Modi at BRICS Summit

Rediff.com24 Oct 2024

India supports dialogue and diplomacy and not war, Prime Minister Narendra Modi said at the Brazil, Russia, India, China, South Africa (BRICS) Summit in Kazan, Russia on Wednesday, in an unambiguous message calling for resolution of the Russia-Ukraine conflict through peaceful negotiations.

Budget: Why exporters are seeking Rs 750 cr from Sitharaman

Budget: Why exporters are seeking Rs 750 cr from Sitharaman

Rediff.com26 Dec 2024

Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).

Will go on 28-day fast from August 15 if...: Sonam Wangchuk

Will go on 28-day fast from August 15 if...: Sonam Wangchuk

Rediff.com28 Jul 2024

Climate activist Soman Wangchuk announced on Sunday that he will launch a 28-day fast on Independence Day if the government does not invite Ladakh authorities for talks on demands for statehood and constitutional protection for the union territory.

Another blow to Indo-Pak cricket ties

Another blow to Indo-Pak cricket ties

Rediff.com10 Nov 2024

India has not sent its cricket team to Pakistan since 2008 when they last came for the Asia Cup under Mahendra Singh Dhoni's captaincy.

Trump's Tariff War: India Waits, Watches

Trump's Tariff War: India Waits, Watches

Rediff.com3 Feb 2025

'We have to be prepared for the larger disruption that is likely to take place.'

Trump's Disruptions: Blessing In Disguise

Trump's Disruptions: Blessing In Disguise

Rediff.com13 Feb 2025

We must bring a laser focus on our own interests, and define our friends and foes more clearly instead of trying to live by somebody else's rules. We must grow up, think for ourselves, think India First, asserts R Jagannathan.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

'As prime minister, I cannot let any Indian go without food'

'As prime minister, I cannot let any Indian go without food'

Rediff.com27 Dec 2024

T Nanda Kumar, former food and agriculture secretary, shared his memories of working with former prime minister Manmohan Singh during some of India's most challenging times, highlighting Singh's compassionate leadership and commitment to ensuring food security for all Indians. Kumar recalled Singh's steadfast support during the 2008 global food crisis, where he championed a ban on non-basmati rice exports to secure domestic supplies. Singh's leadership, characterized by intellect and humility, left a lasting impression on Kumar, who considered him a mentor and guiding light.

No unusual HMPV surge in India but precautions must: Experts

No unusual HMPV surge in India but precautions must: Experts

Rediff.com12 Jan 2025

Amid growing concerns over the detection of human metapneumovirus cases in India, health experts have emphasised the virus is not new, and advised people to stay calm and take basic precautions.

What Are New RBI Governor's Challenges?

What Are New RBI Governor's Challenges?

Rediff.com10 Dec 2024

'Challenge is basically near-term growth as the outlook has turned a bit adverse.'

Pakistan rejects India's Hybrid Model demand

Pakistan rejects India's Hybrid Model demand

Rediff.com8 Dec 2024

Sharif, who is also the patron-in-chief of the Pakistan Cricket Board (PCB), also told Naqvi that it was not just about money and that the sentiments of the public should also be taken into consideration.

Former Karnataka CM S M Krishna passes away

Former Karnataka CM S M Krishna passes away

Rediff.com10 Dec 2024

Former Karnataka Chief Minister S M Krishna passed away at his residence in Bengaluru early Tuesday morning, his family said.

India's GDP growth seen at 6.5% in FY25, FY26: EY report

India's GDP growth seen at 6.5% in FY25, FY26: EY report

Rediff.com25 Dec 2024

India's economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. Real GDP growth eased to a seven-quarter low of 5.4 per cent in July-September -- the second quarter of the current 2024-25 fiscal year.

India Shining Under Modi In International Arena

India Shining Under Modi In International Arena

Rediff.com1 Oct 2024

PM Modi went to New York this time not to engage in polemics, but to find solutions to global problems. He made some progress on several matters, even on reform of the UN Security Council, when the US made a major concession for the first time that six permanent members without veto, including India, could be considered

Champions Trophy: Will South Africa be named hosts?

Champions Trophy: Will South Africa be named hosts?

Rediff.com12 Nov 2024

The ICC continued discussions on the Champions Trophy schedule with the participating nations amid speculation that the entire tournament could be moved out of Pakistan following India's refusal to travel to the country, a source said on Tuesday.

Rohit Bal, India's czar of high fashion, dies at 63

Rohit Bal, India's czar of high fashion, dies at 63

Rediff.com2 Nov 2024

Designer Rohit Bal, a pioneer who helped put Indian fashion on the global map and dressed celebrities at home, Hollywood and elsewhere, died on Friday night at a south Delhi hospital following a heart attack. He was 63.

India pitches for more info sharing on int'l payments

India pitches for more info sharing on int'l payments

Rediff.com11 Sep 2024

India is pushing for greater disclosures by credit card companies, fintech firms, and payment aggregators (PAs) at the Financial Action Task Force (FATF), so that the sender and recipient in a cross-border financial transaction can be easily identified and the information shared with law enforcement agencies. Separately, the inter-governmental group, which sets standards to curb money laundering, will release the fourth round of its mutual evaluation report on India on September 19. FATF in June had adopted the mutual evaluation report on India and placed the country in the "regular follow-up" category - the highest rating given by the global watchdog and a distinction shared by only four other G20 countries.

Bibek Debroy: A Guru I Could Look To

Bibek Debroy: A Guru I Could Look To

Rediff.com2 Nov 2024

Bibek Debroy was one of the very few economists not bound by any single area of expertise and was simultaneously curious about economics and politics, myths and maths, chess and chemistry, and what not, remembers Laveesh Bhandari.

Trump 2.0: Govt In Wait-And-Watch Mood

Trump 2.0: Govt In Wait-And-Watch Mood

Rediff.com8 Nov 2024

'We may see even more restrictive policies during 2.0.'

Why 64% MTech Seats Are Vacant in Indian Colleges

Why 64% MTech Seats Are Vacant in Indian Colleges

Rediff.com23 Jan 2025

The growing decline of MTech applicants in Indian colleges is due to multiple factors, including outdated curricula, poor return on investment and lucrative non-engineering alternatives, say experts.

Half of India Faces Glucose Imbalance

Half of India Faces Glucose Imbalance

Rediff.com5 Dec 2024

'Obesity, especially central obesity and increased visceral fat due to physical inactivity, along with the consumption of high-calorie, high-fat, and high-sugar diets, are major contributing factors.'

First-ever phase-3 trial for dengue vaccine begins in India

First-ever phase-3 trial for dengue vaccine begins in India

Rediff.com14 Aug 2024

The Indian Council of Medical Research (ICMR) and Panacea Biotec have initiated the first-ever phase three clinical trial for developing a dengue vaccine in India, the Union Health Ministry said on Wednesday.

'Modi Bought A Reprieve, Not A Resolution'

'Modi Bought A Reprieve, Not A Resolution'

Rediff.com18 Feb 2025

'Modi's intention was to create goodwill that will allow India to be seen by Trump as more than just a bad tariff problem.' 'He succeeded brilliantly on that count but none of these wins are unfortunately permanent.' 'Modi will have to do this again and again if Trump's grievances are to be durably assuaged.'

Will New MPC Members Cut Interest Rates?

Will New MPC Members Cut Interest Rates?

Rediff.com8 Oct 2024

The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.

Modi's goal to make India high-income country by 2047 unlikely: Financial Times expert

Modi's goal to make India high-income country by 2047 unlikely: Financial Times expert

Rediff.com5 Jul 2024

Prime Minister Narendra Modi's goal of making India a high-income economy by 2047 is unlikely to be achieved, but the country should become an upper middle-income nation by then, Financial Times chief economics commentator Martin Wolf said on Friday. Wolf further said that India would also become a superpower by 2047. "India wishes to become a high-income country by 2047.

ISI, terror groups turn to social media platforms for J-K recruitments

ISI, terror groups turn to social media platforms for J-K recruitments

Rediff.com20 Oct 2024

Once identified, these individuals are drawn into private groups where they are exposed to manipulative content, including fabricated videos depicting atrocities allegedly committed by security forces, the officials said.

India's HMPV cases rise to 5; govt says no need to panic

India's HMPV cases rise to 5; govt says no need to panic

Rediff.com6 Jan 2025

It is important to note that neither of the patients have any history of international travel, the ministry underlined.

'Trump Has Very Positive View Of Modi'

'Trump Has Very Positive View Of Modi'

Rediff.com17 Feb 2025

'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'

No response to 26/11, but it won't be the case anymore: Jaishankar

No response to 26/11, but it won't be the case anymore: Jaishankar

Rediff.com27 Oct 2024

"We should not have a repeat of what happened in Mumbai. That there was a terror attack and there was no response," Jaishankar told reporters in Mumbai.

A yr of Israel-Hamas war: Trade with W Asia holds steady

A yr of Israel-Hamas war: Trade with W Asia holds steady

Rediff.com14 Oct 2024

A year after a Hamas attack against Israel on October 7 and the ensuing Israeli invasion of the Gaza Strip, India's trade with most West Asian countries has largely escaped any major disruption, except with countries like Israel, Lebanon, and Jordan. However, repeated flare-ups of geopolitical tensions in the region continue to drive up shipping and logistics costs.

Demand slowdown, global uncertainties impacting India's exports

Demand slowdown, global uncertainties impacting India's exports

Rediff.com7 Sep 2022

Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jewellery and may have implications on India's exports in case the global situation does not improve in coming months. Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say. The world merchandise trade volume is expected to grow 3 per cent in 2022 against the earlier forecast of 4.7 per cent, mainly due to the ongoing war between Russia and Ukraine, according to the World Trade Organization forecast, released in April.

IBF forms digital media content regulatory council

IBF forms digital media content regulatory council

Rediff.com31 May 2021

The Indian Broadcasting Foundation (IBF) on Monday announced the appointment of former Supreme Court judge Justice Vikramjit Sen as the Chairman of its newly formed self-regulatory body Digital Media Content Regulatory Council (DMCRC).