News for 'Indian Foreign Service'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com1 Dec 2024

Trading sentiment in the equity market this week will be guided by global trends, foreign fund movement, macroeconomic data announcements and RBI's interest rate decision, analysts said. The monthly auto sales data announcement would also be tracked by investors this week.

'May All Know The Greatness Of India'

'May All Know The Greatness Of India'

Rediff.com10 Mar 2025

Many ordinary citizens are drawn to by a sense of history and India's remarkable journey from bondage to freedom which culminated in this monumental building.

FPI selling spree, IT stocks dampen investor sentiment

FPI selling spree, IT stocks dampen investor sentiment

Rediff.com18 Nov 2024

From the 30-share Sensex pack, Tata Consultancy Services, Infosys, NTPC, HCL Technologies, Axis Bank, Tech Mahindra, Bajaj Finserv, Sun Pharma, IndusInd Bank and Reliance Industries were the major laggards. Tata Steel, Hindustan Unilever, Mahindra & Mahindra, Nestle and State Bank of India were among the gainers.

Sensex jumps 1,397 pts as Trump delays tariffs

Sensex jumps 1,397 pts as Trump delays tariffs

Rediff.com4 Feb 2025

From the 30-share blue-chip pack, Larsen & Toubro rallied nearly 5 per cent. Adani Ports, IndusInd Bank, Tata Motors, Reliance Industries, UltraTech Cement and Asian Paints were also among the major gainers. ITC Hotels, Zomato, Nestle and Maruti were among the laggards.

New Stocks Sink Below Issue Price

New Stocks Sink Below Issue Price

Rediff.com20 Feb 2025

On average, stocks that debuted last year are down 37 per cent from their peak levels.

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Rediff.com11 Apr 2025

Institutional investments in Indian real estate have seen a strong start to 2025, with inflows reaching $ 1.3 billion in the first quarter - a 31 per cent year-on-year (YoY) increase. This growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the quarter. With $ 0.8 billion inflows, domestic investments saw a 75 per cent annual rise and were largely focused on industrial & warehousing and office segments.

65,960 Indians took American citizenship in 2022: Report

65,960 Indians took American citizenship in 2022: Report

Rediff.com22 Apr 2024

An estimated 46 million foreign-born persons resided in the United States in 2022, approximately 14 per cent of the total US population of 333 million, according to American Community Survey data from the US Census Bureau.

'We Expect 1 Million Start Ups By 2035'

'We Expect 1 Million Start Ups By 2035'

Rediff.com13 Mar 2025

'Binary fission will happen -- startups will lead to more startups.'

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com4 Apr 2025

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

At least 150 die as 7.7 strong quake rocks Myanmar, Thailand

At least 150 die as 7.7 strong quake rocks Myanmar, Thailand

Rediff.com29 Mar 2025

The earthquake rocked many parts of Thailand including its capital Bangkok, the venue for next week's summit of BIMSTEC regional grouping that is scheduled to be attended by Modi among other leaders.

UPSC to go hi-tech with AI, facial recognition for cheat-free exams

UPSC to go hi-tech with AI, facial recognition for cheat-free exams

Rediff.com24 Jun 2024

The Commission has desired to incorporate Aadhaar-based fingerprint authentication (else digital fingerprint capturing) and facial recognition of candidates, scanning of QR Code of e-admit cards and monitoring through live AI-based CCTV video surveillance, it said.

'Scale Of Wealth Destruction Is Sudden And Sweeping'

'Scale Of Wealth Destruction Is Sudden And Sweeping'

Rediff.com12 Mar 2025

618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024. That number has fallen to 500 following a $1 trillion wipeout in India's market capitalisation amid relentless selling by FPIs.

India, China to resume Mansarovar Yatra, direct flights

India, China to resume Mansarovar Yatra, direct flights

Rediff.com28 Jan 2025

India and China on Monday decided to resume the Kailash Mansarovar Yatra as the two sides agreed to take certain people-centric steps to 'stabilise and rebuild' ties.

Citi is keen to allocate more global roles to India

Citi is keen to allocate more global roles to India

Rediff.com20 Mar 2025

US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country's strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with CNBC-TV18. Fraser also expressed confidence that India will remain the world's fastest-growing economy.

FPIs invest Rs 26,565 crore in Indian equities in Jun

FPIs invest Rs 26,565 crore in Indian equities in Jun

Rediff.com30 Jun 2024

After two months of net outflow, foreign investors turned buyers in June, infusing Rs 26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets. Looking ahead, attention will gradually shift towards the budget and Q1 FY25 earnings, which could determine the sustainability of FPI flows, Vipul Bhowar, Director, Listed Investments, Waterfield Advisors, said.

Rs 24.69 lakh cr of investors' wealth wiped out in 4 days

Rs 24.69 lakh cr of investors' wealth wiped out in 4 days

Rediff.com13 Jan 2025

Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market. Spike in global crude prices, unabated foreign fund outflows, a strong US jobs data diminishing early rate cut expectations, and the rupee logging its steepest single-day fall in nearly two years dampened investors' sentiment.

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.

Janhvi Is Not A 'Damsel In Distress'

Janhvi Is Not A 'Damsel In Distress'

Rediff.com27 Jul 2024

'In my earlier films, I played meek, very innocent, kind of roles but Suhana (her character's name in the film) is not like that. She is not an abla naari (damsel in distress) and that was very exciting for me.'

Liberation of Balochistan and Sindh must top the agenda

Liberation of Balochistan and Sindh must top the agenda

Rediff.com25 Apr 2025

Terrorism and insurgency in J&K had subsided when India demolished East Pakistan -- for the simple reason that Pakistan understands power. We need to follow Chanakya's dictum of Saam, Daam, Dand, Bhed for strategising against Pakistan, asserts Lieutenant General Prakash Katoch (Retd). The ground truth is that unless we are prepared to acknowledge our shortcomings, including massive intelligence failures, punish those responsible and take corrective actions, we will continue in the same vein, asserts Lieutenant General Prakash Katoch (Retd).

India, US to finalise broad contours of proposed trade deal soon

India, US to finalise broad contours of proposed trade deal soon

Rediff.com17 Feb 2025

India and the US will sit together in the next couple of weeks to decide on the nature of the proposed trade agreement and finalise its broad contours, a senior official said on Monday. During the recent visit of Prime Minister Narendra Modi to Washington, India and the US announced to more than double the two-way commerce to $500 billion by 2030 and negotiate the first tranche of a mutually beneficial, multi-sector bilateral trade agreement (BTA) by fall of 2025.

Natwar Singh: A man who wore many hats, but always spoke his mind

Natwar Singh: A man who wore many hats, but always spoke his mind

Rediff.com11 Aug 2024

K Natwar Singh wore many hats as he straddled the worlds of diplomacy, politics and writing but what remained consistent across decades was his sharp-wit and plainspeaking.

Meet India's first private reinsurer

Meet India's first private reinsurer

Rediff.com15 Mar 2025

In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.

After 3 years, a bureaucrat to head Sebi

After 3 years, a bureaucrat to head Sebi

Rediff.com28 Feb 2025

Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.

Kesari 2: What *Really* Happened

Kesari 2: What *Really* Happened

Rediff.com16 Apr 2025

The grilling of Brigadier-General Dyer by Akshay Kumar's Sir C Sankaran Nair, as shown in Kesari 2, is purely an imaginary sequence, proves Utkarsh Mishra.

Sensex rises 226 pts on buying in bank, auto stocks

Sensex rises 226 pts on buying in bank, auto stocks

Rediff.com27 Dec 2024

From the 30 blue-chip pack, Mahindra & Mahindra, IndusInd Bank, Bajaj Finance, Tata Motors, Bajaj Finserv, Nestle and ICICI Bank were the biggest gainers. State Bank of India, Tata Steel, Adani Ports, Zomato, UltraTech Cement and HCL Tech were among the laggards.

FPIs withdrew Rs 22,420 cr from equities in Nov

FPIs withdrew Rs 22,420 cr from equities in Nov

Rediff.com17 Nov 2024

Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month, owing to high domestic stock valuations, increasing allocations to China, and the rising US dollar as well as Treasury yields. With this sell-off, Foreign Portfolio Investors (FPIs) have recorded a total outflow of Rs 15,827 crore in 2024 so far. As liquidity tightens, FPI inflows are expected to remain subdued in the short term.

Sensex sinks below 81K amid widespread selloff

Sensex sinks below 81K amid widespread selloff

Rediff.com17 Dec 2024

All sectoral indices ended lower. BSE Telecommunication tanked 2.18 per cent, metal (1.77 per cent), auto (1.70 per cent), energy (1.64 per cent), oil & gas (1.59 per cent), commodities (1.39 per cent) and financial services (1.37 per cent) were the major laggards.

US-India: A Chicken And Egg Situation

US-India: A Chicken And Egg Situation

Rediff.com20 Sep 2024

Delhi's appeasement strategy may now translate as more mega arms deals with the US, generating substantial business and job creation in the American economy. Make no mistake, Americans will use it to pressure India, predicts Ambassador M K Bhadrakumar.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com10 Nov 2024

A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will be the major driving factors for the equity market this week, according to analysts. Equity markets would remain closed on Friday for Guru Nanak Jayanti. "India is set to release CPI and IIP data on November 12, with WPI data expected on November 14.

Markets settle lower after RBI policy; Sensex sheds 109 points

Markets settle lower after RBI policy; Sensex sheds 109 points

Rediff.com7 Feb 2025

State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.

'Trudeau Wants To Cultivate Pro-Khalistan Leaders'

'Trudeau Wants To Cultivate Pro-Khalistan Leaders'

Rediff.com17 Oct 2024

'He is convinced that this will help him in the next election.' 'But as we know, the best laid plans of mice and men can go awry.'

India-Canada Rift: US Is The Only Winner

India-Canada Rift: US Is The Only Winner

Rediff.com18 Oct 2024

'Are we to believe that coordinated moves by the Canadian and US authorities are no longer taking place?', asks Ambassador M K Bhadrakumar.

How the stock markets will fare this week

How the stock markets will fare this week

Rediff.com29 Dec 2024

Macroeconomic data announcements, trading activity of foreign investors and global trends will guide equity market movement this week, which would also mark the beginning of the new calendar year and month, analysts said.

Prashant Kishor floats Jan Suraaj Party, vows to end liquor ban

Prashant Kishor floats Jan Suraaj Party, vows to end liquor ban

Rediff.com2 Oct 2024

The party was floated exactly two years after Kishor had embarked on a more than 3,000-km-long 'padayatra' of the state.

Investors' wealth soars by Rs 77.66 lakh crore in 2024

Investors' wealth soars by Rs 77.66 lakh crore in 2024

Rediff.com31 Dec 2024

Stock market investors became richer by a whopping Rs 77.66 lakh crore in 2024, helped by an overall optimistic trend in equities, where the BSE Sensex surged over 8 per cent. Analysts said the year witnessed a tug of war between the bulls and bears marked by volatility but, despite the uncertainties around the world, the Indian markets sustained the pressure and delivered impressive returns.

Harsh Vardhan Shringla takes charge as new foreign secretary

Harsh Vardhan Shringla takes charge as new foreign secretary

Rediff.com29 Jan 2020

Shringla last served as India's envoy to the US. He will be serving a two-year term. In the course of a diplomatic career spanning 35 years, Shringla has held a variety of positions in New Delhi and abroad, and is considered an expert on India's neighbourhood.

'Without US, Saudis, UAE in loop, there will be no retaliation'

'Without US, Saudis, UAE in loop, there will be no retaliation'

Rediff.com24 Apr 2025

'If Pakistan's army wants to escalate violence in Kashmir, they have an unlimited supply of jihadis they can train and send. That's not an issue for them.'

Acted swiftly to control situation after Kumbh stampede: Adityanath

Acted swiftly to control situation after Kumbh stampede: Adityanath

Rediff.com3 Mar 2025

Uttar Pradesh Chief Minister Yogi Adityanath highlighted the successful execution of the Maha Kumbh 2025, emphasizing effective crisis management, economic benefits, and the event's role in national unity and infrastructure development. He cited the swift response to a stampede on January 29 and the extensive preparations that ensured a smooth experience for millions of pilgrims.

RBI issues framework for Indian banks' foreign biz

RBI issues framework for Indian banks' foreign biz

Rediff.com2 Dec 2022

The Reserve Bank of India (RBI) has put in place a framework to allow overseas subsidiaries and branches of Indian banks and financial institutions to undertake activities not specifically permitted in the Indian domestic market. The framework also specifies the applicability of these instructions to International Financial Services Centres in India, including Gujarat International Finance Tec-City (GIFT City). While these activities may not need prior approval, they are subject to compliance with all applicable laws/regulations and conditions stipulated by the RBI and those prescribed by the host regulator.

A reluctant foreign secretary takes leave -- quietly

A reluctant foreign secretary takes leave -- quietly

Rediff.com1 Oct 2019

KPS Menon (Jr) had a quiet humility and playfulness, and was not motivated by money or power, recalls Ambassador M K Bhadrakumar.