News for 'Indian Foreign Service'

Budget: Can Nirmalaji End The Economic Slowdown?

Budget: Can Nirmalaji End The Economic Slowdown?

Rediff.com29 Jan 2025

The time is ideal for a 'Dream Budget' akin to the 1991 reforms that sparked high growth and unlocked significant gains in productivity, points out Rajeswari Sengupta.

Civil Services Exam on May 14, 2006

Civil Services Exam on May 14, 2006

Rediff.com26 Dec 2005

The Union Public Service Commission will hold the Civil Services (Preliminary) Examination, 2006, on May 14, 2006.

50:50 Chance Of An RBI Rate Cut

50:50 Chance Of An RBI Rate Cut

Rediff.com4 Feb 2025

'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.

Investors become poorer by Rs 5.29 lakh cr as markets slump

Investors become poorer by Rs 5.29 lakh cr as markets slump

Rediff.com12 Nov 2024

A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. A host of negative triggers -- muted quarterly earnings, continuous foreign fund outflows and weak trends in Asian and European markets -- dragged the benchmark indices lower. The BSE benchmark gauge tumbled 820.97 points or 1.03 per cent to settle at 78,675.18.

What Supreme Commander Told Officers...

What Supreme Commander Told Officers...

Rediff.com28 Nov 2024

'We not only have to secure our national interests but also prepare for new national security challenges like cyber warfare and terrorism.'

FPIs withdraw Rs 27,142 cr in 3 trading sessions of Oct

FPIs withdraw Rs 27,142 cr in 3 trading sessions of Oct

Rediff.com6 Oct 2024

Foreign investors turned net sellers in October, offloading shares worth Rs 27,142 crore in just the first three days of October due to intensifying conflict between Israel and Iran, a sharp rise in crude oil prices, and improved performance of Chinese markets. The outflow came after FPI investment reached a nine-month high of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities after withdrawing Rs 34,252 crore in April-May.

India maintained assertive approach along LAC in 2024

India maintained assertive approach along LAC in 2024

Rediff.com31 Dec 2024

In a year bookended by intractable conflicts and geopolitical fragmentation, India focused on ramping up military prowess by broadly firming up defence procurement worth Rs 4.22 lakh crore even as Indian and Chinese militaries completed pulling back their troops from border face-off points in eastern Ladakh.

Markets cheer Trump's triumph; Sensex soars 901 points

Markets cheer Trump's triumph; Sensex soars 901 points

Rediff.com6 Nov 2024

From the 30-share Sensex pack, Tata Consultancy Services and Infosys jumped over 4 per cent each. HCL Technologies, Tech Mahindra, Adani Ports, Larsen & Toubro, Maruti and Reliance Industries were also among big gainers. Titan, IndusInd Bank, Hindustan Unilever, Axis Bank and HDFC Bank were the laggards.

AI & automation to play a crucial role for retail industry in 2025

AI & automation to play a crucial role for retail industry in 2025

Rediff.com30 Dec 2024

With the rapid evolution of channels like quick-commerce and the emergence of ONDC, the Indian retail industry is 'cautiously optimistic' for 2025, in which new-age technologies such as AI and automation will play a crucial role, driving efficiency and personalisation.

76 Indian military personnel replaced by civilians: Maldives

76 Indian military personnel replaced by civilians: Maldives

Rediff.com11 May 2024

However, the Maldives government has no intention of removing the doctors from India at Senahiya, a media report said.

2 Indian spies expelled from Aus for trying to 'steal secrets' in 2020: Media

2 Indian spies expelled from Aus for trying to 'steal secrets' in 2020: Media

Rediff.com1 May 2024

While The Australian and The Sydney Morning Herald said two Indian spies were booted out, the Australian Broadcasting Corporation did not mention any number.

India will do...: Trump discusses migrant row with Modi

India will do...: Trump discusses migrant row with Modi

Rediff.com28 Jan 2025

President Trump made these remarks on Monday while talking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com15 Sep 2024

The US Federal Reserve's interest rate decision is the biggest event that would drive sentiments in the domestic stock market this week, besides a host of macroeconomic data from the global front and trading activity of foreign investors, analysts said. The Indian equity market had an exceptional last week, with both the Nifty and Sensex hitting their all-time high levels on Thursday.

Sitharaman turns middle class hero with tax cuts, reforms

Sitharaman turns middle class hero with tax cuts, reforms

Rediff.com1 Feb 2025

"The new structure will substantially reduce taxes on the middle class and leave more money in their hands, boosting household consumption, savings and investment," Sitharaman said presenting what was dubbed as 'reformist' budget for the next fiscal in Lok Sabha.

Canada welcomes India's decision to resume some visa services

Canada welcomes India's decision to resume some visa services

Rediff.com26 Oct 2023

India's high commission in Canada said on Wednesday that the country's officials will resume processing some types of visa applications for Canadians applying from across the country as well as abroad.

Heavyweight stocks drag Sensex down by 638 points

Heavyweight stocks drag Sensex down by 638 points

Rediff.com7 Oct 2024

Equity benchmark indices Sensex and Nifty settled lower for the sixth straight session on Monday due to heavy selling in bellwether stocks including HDFC Bank and Reliance Industries amid mixed trends in the global markets and outflow of foreign funds. Falling for the sixth consecutive session, the BSE Sensex tumbled 638.45 points or 0.78 per cent to settle at 81,050. During the day, it plummeted 962.39 points or 1.17 per cent to 80,726.06. The NSE Nifty slumped 218.85 points or 0.87 per cent to end at 24,795.75.

Budget curtails carry-forward losses for mergers and acquisitions

Budget curtails carry-forward losses for mergers and acquisitions

Rediff.com4 Feb 2025

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).

MT Vasudevan Nair, Suzuki, ex-CJI Khehar Singh get Padma Vibhushan

MT Vasudevan Nair, Suzuki, ex-CJI Khehar Singh get Padma Vibhushan

Rediff.com25 Jan 2025

President Droupadi Murmu on Saturday approved 139 Padma awards including seven Padma Vibhushans, 19 Padma Bhushans and 113 Padma Shris.

What's India's 'Adaptive Defence' Strategy?

What's India's 'Adaptive Defence' Strategy?

Rediff.com15 Nov 2024

It's a strategic approach in which the country's military and defence mechanisms evolve continuously in tandem with emerging threats. The new strategy anticipates events and prepares to counter those proactively.

How the markets will fare this week

How the markets will fare this week

Rediff.com13 Oct 2024

Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Should You Invest In Large Cap Funds Now?

Should You Invest In Large Cap Funds Now?

Rediff.com24 Jan 2025

Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts.

FPIs take out Rs 58,711 cr from equities so far in Oct

FPIs take out Rs 58,711 cr from equities so far in Oct

Rediff.com13 Oct 2024

Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities, after withdrawing Rs 34,252 crore in April-May.

Small stocks reap big gains for investors in 2024

Small stocks reap big gains for investors in 2024

Rediff.com26 Dec 2024

Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation. Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity.

Ranjan Mathai assumes charge as foreign secretary

Ranjan Mathai assumes charge as foreign secretary

Rediff.com1 Aug 2011

Veteran diplomat Ranjan Mathai on Monday assumed charge as new Foreign Secretary succeeding Nirupama Rao and said he would try and work to restore "trust and confidence" in Indo-Pak relations.

How the markets will fare this week

How the markets will fare this week

Rediff.com20 Oct 2024

Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.

Sensex soars 1,359 pts to settle above historic 84,000 mark

Sensex soars 1,359 pts to settle above historic 84,000 mark

Rediff.com20 Sep 2024

From the 30 Sensex firms, Mahindra & Mahindra, JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel and Adani Ports were the biggest gainers. Tata Consultancy Services emerged as the only laggard.

India's envoy in Ramallah, Mukul Arya, found dead in embassy

India's envoy in Ramallah, Mukul Arya, found dead in embassy

Rediff.com7 Mar 2022

It was not immediately known how Arya, a 2008-batch Indian Foreign Service officer, died.

Sensex rises 592 pts, Nifty closes above 25K on buying in IT, banking shares

Sensex rises 592 pts, Nifty closes above 25K on buying in IT, banking shares

Rediff.com14 Oct 2024

From the Sensex pack, Tech Mahindra, HDFC Bank, Larsen & Toubro, ITC, Infosys, IndusInd Bank, Kotak Mahindra Bank, Titan and HCL Technologies were among the gainers. Maruti Suzuki India, Tata Steel, Bajaj Finance, UltraTech Cement, Nestle India, Axis Bank and Tata Consultancy Services (TCS) were among the laggards.

India, Don't Spurn Bangladesh

India, Don't Spurn Bangladesh

Rediff.com2 Dec 2024

Our visa operations in Bangladesh constitute the largest visa operations India conducts worldwide. This has taken a hit after Sheikh Hasina's government was overthrown and India reduced its diplomatic presence in Bangladesh, notes Aakar Patel.

FPIs infuse Rs 1,500 crore into Indian equities in Feb

FPIs infuse Rs 1,500 crore into Indian equities in Feb

Rediff.com3 Mar 2024

Foreign investors made a significant turnaround and injected over Rs 1,500 crore into Indian equities in February, reversing the massive outflows seen in the preceding month, primarily due to robust corporate earnings and positive economic growth. Additionally, Foreign Portfolio Investors (FPIs) continued to be bullish on the debt markets as they put in over Rs 22,419 crore during the month under review, data with the depositories showed. Looking ahead to March, the outlook for FPI flow appears promising, provided the current economic trajectory and corporate performance sustain their positive momentum, potentially continuing to attract foreign investment into Indian equities, Mayank Mehraa, smallcase manager and principal partner at Craving Alpha, said.

Sensex jumps 727 pts on foreign fund inflows; m-cap hits $4 trn

Sensex jumps 727 pts on foreign fund inflows; m-cap hits $4 trn

Rediff.com29 Nov 2023

Among the Sensex firms, Axis Bank, Mahindra & Mahindra, Wipro, Tata Motors, HDFC Bank, Tech Mahindra, ICICI Bank, JSW Steel, Tata Consultancy Services, Infosys, HCL Technologies and Bharti Airtel were the major gainers. Nestle, Titan, Bajaj Finserv and UltraTech Cement were the laggards.

Cong's 'somersault' dig at Jaishankar over Katchatheevu row

Cong's 'somersault' dig at Jaishankar over Katchatheevu row

Rediff.com1 Apr 2024

Will Foreign Minister Mr. Jaishankar please refer to the RTI reply dated 27-1-2015...The Reply justified the circumstances under which India acknowledged that a small island belonged to Sri Lanka," Chidambaram said.

A 1971 War Hero Flies Into The Ages

A 1971 War Hero Flies Into The Ages

Rediff.com27 Jan 2025

Wing Commander Pratap Marathe's story is one of dedication, bravery, and humour, a shining example of the spirit of the Indian Air Force. Air Commodore Nitin Sathe (retd) salutes Wing Commander Marathe who passed into the ages last week.

PE investment hits $30.89 bn, up 22.7%

PE investment hits $30.89 bn, up 22.7%

Rediff.com3 Dec 2024

Private equity (PE) activity in India between January and November 2024 recorded a total value of $30.89 billion across 1,022 deals, a 22.7 per cent increase in value and an 18.4 per cent rise in deal count compared to $25.17 billion across 863 deals during the same period in 2023. Notable large deals during the period include Walton Street India Investment Advisors at $1.5 billion, and KiranaKart Technologies at $1.35 billion.

Factors that will guide the markets thie week

Factors that will guide the markets thie week

Rediff.com24 Nov 2024

Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts. Stock markets witnessed a spirited recovery on Friday with benchmark Sensex and Nifty notching the best single-day gains in more than five months and offering relief after weeks of correction.

Air Chief Marshal A P Singh takes over as IAF chief

Air Chief Marshal A P Singh takes over as IAF chief

Rediff.com30 Sep 2024

Air Chief Marshal Amar Preet Singh, an accomplished fighter pilot with more than 5,000 hours of flying experience, on Monday assumed charge as new chief of the Indian Air Force, succeeding incumbent Air Chief Marshal V R Chaudhari.

IMA seeks IAS-like all-India service for healthcare administration

IMA seeks IAS-like all-India service for healthcare administration

Rediff.com11 Jul 2020

The IMA feels that there is a dire need for a drastic change in health administration which can be realised by raising a new cadre of administrators, it said in a statement.

IT firms' work for int'l clients may not always attract IGST

IT firms' work for int'l clients may not always attract IGST

Rediff.com17 May 2024

Services provided by Indian information-technology (IT), marketing, and consulting companies to foreign clients may not always draw integrated goods and services tax (IGST) if a ruling by the Authority for Advance Rulings' (AAR's) Telangana Bench becomes a precedent. The AAR gave its ruling on a specific case of referral services provided by the Hyderabad-based Center for International Admission and Visas (CIAV) to foreign universities and colleges for admitting Indian students.

NRIs, Are You Aware Of Indian Tax Rules?

NRIs, Are You Aware Of Indian Tax Rules?

Rediff.com12 Mar 2024

Understanding tax residency rules and maintaining proper documentation is imperative to ensure smooth tax compliance.