News for 'Indian Foreign Service'

Lorries Being Gifted This Wedding Season!

Lorries Being Gifted This Wedding Season!

Rediff.com27 Nov 2024

Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.

Trump's Tariff Tussle With India

Trump's Tariff Tussle With India

Rediff.com6 Nov 2024

'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.

Foreign cos can offer 3G services

Foreign cos can offer 3G services

Rediff.com23 May 2008

The government on Friday said guidelines for 3G services will be issued next month and foreign players will be allowed to offer this service in the country whether they come through open auction route or via the existing law, which allows 74 per cent FDI in telecom companies.

Retired Indian colonel working for UN killed in Rafah

Retired Indian colonel working for UN killed in Rafah

Rediff.com14 May 2024

A retired Indian colonel working with the United Nations was killed in Gaza when the vehicle he was travelling in came under attack in strife-torn Rafah, the 'first international' casualty for the world body since the start of the Israel-Hamas conflict.

How foreign media covered Chandrayaan-3 landing

How foreign media covered Chandrayaan-3 landing

Rediff.com24 Aug 2023

From The New York Times to BBC and The Guardian to The Washington Post, the historic event in India's space programme on Wednesday made headlines across the globe.

FPIs turn net sellers; pull out Rs 21,201 crore from equities

FPIs turn net sellers; pull out Rs 21,201 crore from equities

Rediff.com18 Aug 2024

Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts. This came after an inflow of Rs 32,365 crore in July and Rs 26,565 crore in June, data with the depositories showed.

India, UK to resume trade talks this month

India, UK to resume trade talks this month

Rediff.com7 Jul 2024

With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The India-UK talks for the proposed free trade agreement (FTA) began in January 2022. The 14th round of talks stalled as the two nations stepped into their general election cycles.

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

Rediff.com17 Dec 2023

In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.

China: 'India Must Not Accept Ceding Of Patrolling Rights'

China: 'India Must Not Accept Ceding Of Patrolling Rights'

Rediff.com22 Oct 2024

'Disengagement is merely the first step in a lengthy process of arriving at a new normal along the LAC in Eastern Ladakh and the entire land boundary.' 'The Indian government should insist on the restoration of the status quo ante in Eastern Ladakh.'

Bharti dials up UK telecom play with $4 bn stake in BT

Bharti dials up UK telecom play with $4 bn stake in BT

Rediff.com13 Aug 2024

Bharti Global, the international investment arm of Bharti Enterprises, has decided to buy 24.5 per cent equity in BT Group - a move that will make the Indian conglomerate the biggest shareholder in the UK's second-largest telecom company both in terms of market value and subscriber count. The shares are being purchased from billionaire Patrick Drahi's Altice UK through a combination of cash and debt .

E-invoice mandate may cover B2C transactions

E-invoice mandate may cover B2C transactions

Rediff.com12 Sep 2024

Businesses across the country may soon be required to issue electronic invoices, or e-invoices, directly to consumers for the sale of goods and services. The Goods and Services Tax (GST) Council, in its forthcoming meeting on Monday, is expected to discuss extending the e-invoicing mandate to cover business-to-consumer (B2C) transactions. Currently, e-invoicing is compulsory for businesses with a turnover of Rs 5 crore and above, but only for their business-to-business (B2B) transactions.

Pranab wants eco perspective in Indian diplomacy

Pranab wants eco perspective in Indian diplomacy

Rediff.com12 May 2011

Union finance minister Pranab Mukherjee said Indian diplomacy needed to acquire an economic perspective to its thinking and strategic approach, for furthering the country's interests in the changing global order.

'Character of services being changed': 82 ex-babus write to Prez

'Character of services being changed': 82 ex-babus write to Prez

Rediff.com25 May 2023

In an open letter, they appealed to her to convey their concerns to the Union government and caution them that the attempt to change the character of the civil services is fraught with extreme danger and will 'spell the death of the constitutional government in India'.

High Time India Resists Real Estate Mania

High Time India Resists Real Estate Mania

Rediff.com14 Oct 2024

Once we break free of the idea that land is scarce, real estate is just a pile of bricks, steel, and glass. Any price surge will kick off a supply response, which kills off the possibility of sustained price appreciation, points out Ajay Shah.

India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

Rediff.com31 Mar 2023

The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime. Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed, said Director General of Foreign Trade (DGFT) Santosh Sarangi while briefing media about FTP 2023. Earlier, Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023.

'India can secure release of naval officers'

'India can secure release of naval officers'

Rediff.com2 Nov 2023

'There is a view that there is a Pakistan angle to this.' 'Pakistan has a large presence in Qatar and would want India to be blacklisted.'

FCRA bribery case leads to overhaul of MHA's foreigners division

FCRA bribery case leads to overhaul of MHA's foreigners division

Rediff.com7 Jun 2022

Following the arrest of six ministry of home affairs officials in the Foreign Contribution (Regulation) Act (FCRA) bribery case, the foreigners division of MHA has been overhauled to break the chain of deep-rooted network.

Yogi Goes All Out For Flawless Mahakumbh

Yogi Goes All Out For Flawless Mahakumbh

Rediff.com24 Dec 2024

For Yogi Adityanath the successful management of the fair is a crucial part of building 'Brand UP' and making the state a $1 trillion economy.

India just shy of top-weight China in MSCI EM after rejig

India just shy of top-weight China in MSCI EM after rejig

Rediff.com14 Aug 2024

The Indian equity markets will soon account for over a fifth of a key emerging market (EM) benchmark tracked by funds with assets exceeding $500 billion. This development is expected to funnel as much as $3 billion into the domestic markets. Following the latest review undertaken by global index provider MSCI, India's weighting in the MSCI EM index will surpass 20 per cent for the first time, narrowing its gap with the current top-weighted China to fewer than 400 basis points.

'God Save Insurance Industry'

'God Save Insurance Industry'

Rediff.com9 Dec 2024

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

Explained: Changes Ahead of IPL Auction

Explained: Changes Ahead of IPL Auction

Rediff.com30 Sep 2024

The Indian Premier League governing council revealed changes ahead of the IPL mega auction, which is likely to be scheduled for November.

No Indian troops, not even in civilian clothing to remain in Maldives: Prez

No Indian troops, not even in civilian clothing to remain in Maldives: Prez

Rediff.com5 Mar 2024

The President stated that due to his government's success in expelling Indian troops from the country, people who spread false rumours, are attempting to twist the situation, a news portal Edition.mv reported.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com25 Aug 2024

Release of key macroeconomic numbers, monthly derivatives expiry, and global cues are likely to drive stock market movement this week, according to analysts. Markets will also be reacting to remarks made by the US Federal Reserve Chair Jerome Powell, they said. "This week, we expect the market to witness a gradual up-move with stock-specific action.

Sensex jumps 875 points on value buying; Nifty ends above 24K

Sensex jumps 875 points on value buying; Nifty ends above 24K

Rediff.com7 Aug 2024

Among the 30 Sensex firms, Adani Ports and Power Grid climbed over 3 per cent each. Tata Steel, JSW Steel, Infosys, Mahindra & Mahindra, Maruti, and Larsen & Toubro were the other big gainers. IndusInd Bank, Bharti Airtel, Hindustan Unilever, Tech Mahindra and Titan were the laggards.

Ex-RAW official charged in US in plot to kill Pannun

Ex-RAW official charged in US in plot to kill Pannun

Rediff.com18 Oct 2024

Vikas Yadav, 39, was employed by the Cabinet Secretariat, which houses India's foreign intelligence service, the Research and Analysis Wing (RAW), the federal prosecutors claimed on Thursday in an indictment filed in a US court in New York.

Why Indian Corporates Lag In Buybacks

Why Indian Corporates Lag In Buybacks

Rediff.com30 Apr 2024

Many promoters still consider the cash in the company as their money and are averse to sharing this pie with minority investors, points out Akash Prakash.

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

FPIs pull out over Rs 10K cr from Indian equities in just 21 days

FPIs pull out over Rs 10K cr from Indian equities in just 21 days

Rediff.com24 Sep 2023

Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. Mayank Mehra, smallcase, manager and principal partner at Craving Alpha,believes that strong economic growth prospects, attractive valuations, and government reforms could support foreign investment flows in the next month.

1st group of Indian troops to be sent before March 10: Maldives Prez

1st group of Indian troops to be sent before March 10: Maldives Prez

Rediff.com5 Feb 2024

The President He said his administration will not allow any State agreements that may compromise the country's sovereignty, The Edition newspaper reported.

UPSC marks disclosed: Civil services topper Tina Dabi got 52.49%

UPSC marks disclosed: Civil services topper Tina Dabi got 52.49%

Rediff.com15 May 2016

Tina, 22, a graduate from Delhi's Lady Shri Ram College, topped the 2015 civil services exam securing 1,063 marks (52.49 per cent) out of a total of 2,025-comprising 1,750 of main and 275 of interview.

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com28 Oct 2024

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.

Revealed! Mo-Shah's 370 MPs Plans

Revealed! Mo-Shah's 370 MPs Plans

Rediff.com5 Mar 2024

The BJP's top leadership will drop its MPs found to be facing anti-incumbency, according to its internal surveys -- a pivotal tactic to ensure the party achieves its target of winning 370 seats.

My priorities are govt's priorities: Foreign Secretary Jaishankar

My priorities are govt's priorities: Foreign Secretary Jaishankar

Rediff.com29 Jan 2015

S Jaishankar took charge as foreign secretary, replacing Sujatha Singh, on Thursday.

FPIs take out Rs 22,000 crore from equities in May

FPIs take out Rs 22,000 crore from equities in May

Rediff.com26 May 2024

Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets.

If we can create Bangladesh...: Ramdev on safety of Hindus

If we can create Bangladesh...: Ramdev on safety of Hindus

Rediff.com7 Aug 2024

'I fear that India will need to remain vigilant so that the honour and dignity of the mothers, sisters and daughters of our Hindu brothers are not at stake. The entire country will have to stand with its minority Hindu brothers with full strength'

'Indians don't want to leave Israel'

'Indians don't want to leave Israel'

Rediff.com12 Oct 2023

'If this had happened anywhere else, Indians would have been desperate to leave. But not in Israel.'

Indian economy to grow at 6.3% in FY24: World Bank

Indian economy to grow at 6.3% in FY24: World Bank

Rediff.com3 Oct 2023

The Indian economy is projected to grow at 6.3 per cent in current financial year aided by investment and domestic demand. According to a World Bank report released on Tuesday, India continues to show resilience against the backdrop of a challenging global environment. In India, which accounts for the bulk of South Asia region, growth is expected to remain robust at 6.3 per cent in 2023-24, India Development Update of the World Bank said.

Navtej Sarna is new Indian envoy to Israel

Navtej Sarna is new Indian envoy to Israel

Rediff.com28 Mar 2008

The 1980-batch Indian Foreign Service officer will succeed Arun Singh, who is being posted as India's Deputy Chief of Mission in Washington. Sarna is at present joint secretary (External Publicity) in the Ministry of External Affairs, a post he has held since October 2002 to become the longest-serving spokesman of the foreign office.

IFSC relaxation may boost trade in foreign stocks at the GIFT City

IFSC relaxation may boost trade in foreign stocks at the GIFT City

Rediff.com8 May 2023

The Reserve Bank of India's (RBI's) decision on Wednesday to relax restrictions on banks operating in the International Financial Services Centre (IFSC) related to the repatriation of idle funds in foreign currency accounts (FCA) could give a fillip to trading in foreign stocks at the GIFT City.

Top Indian IT cos seen logging muted sequential growth in Q2

Top Indian IT cos seen logging muted sequential growth in Q2

Rediff.com8 Oct 2023

Large Indian IT services companies are expected to report "muted" sequential show in a traditionally strong second quarter, as macroeconomic challenges continue to weigh on global discretionary spending, say market watchers. The big earnings week for tech heavyweights is up ahead, with Tata Consultancy Services (TCS) scheduled to announce its results on October 11, and both Infosys and HCL Technologies on October 12. Wipro is slated to declare its Q2FY24 results next week, on October 18.