News for 'International Business Times'

Trump Tariffs: How Must India Respond?

Trump Tariffs: How Must India Respond?

Rediff.com12 Mar 2025

India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.

Tribunal orders liquidation of Go First

Tribunal orders liquidation of Go First

Rediff.com20 Jan 2025

The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes. In May 2023, the airline filed for a voluntary insolvency resolution process citing financial woes. The tribunal, in a 15-page order, said it is ordering the liquidation of the corporate debtor Go Airlines (India) Ltd.

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.

'Engaging With The US Is Important'

'Engaging With The US Is Important'

Rediff.com10 Apr 2025

'But I don't think the government is in a great hurry to sign the BTA.'

India imposes its own 'uniquely burdensome' rules: US

India imposes its own 'uniquely burdensome' rules: US

Rediff.com3 Apr 2025

On India, the chart showed that the country charged 52 per cent tariffs on the US "including currency manipulation and trade barriers," and America will now charge India "discounted reciprocal tariffs" of 26 per cent.

Budget 2025: Defence Must Be The Priority

Budget 2025: Defence Must Be The Priority

Rediff.com31 Jan 2025

'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.

Near-term outperformance likely to sustain for Polycab and Havells

Near-term outperformance likely to sustain for Polycab and Havells

Rediff.com27 Jul 2024

However, the Polycab share price is up by nearly 80 per cent while Havells' has risen by 39 per cent. The Sensex has gained 26 per cent in this period. The Q1FY25 results were in line for both companies.

Robust FY25 outlook to sustain Marico gains

Robust FY25 outlook to sustain Marico gains

Rediff.com19 Jul 2024

From its recent lows, the stock of consumer major Marico is up 7 per cent on the back of a better-than-expected June quarter performance and robust outlook. In a pre-quarter update, the management indicated that domestic volume growth should witness an improvement in FY25, while other segments (growth portfolio, international business) too would see traction going ahead. The near-term trigger is strong sales and operating performance for Q1FY25.

'Virat Going To Leave India Very Soon'

'Virat Going To Leave India Very Soon'

Rediff.com20 Dec 2024

'Virat plans to move to London with his children and wife, Anushka Sharma.'

India needs at least 20,000 pilots in coming years: Minister Naidu

India needs at least 20,000 pilots in coming years: Minister Naidu

Rediff.com20 Feb 2025

Civil Aviation Minister K Rammohan Naidu on Thursday said India will need at least 20,000 pilots in the coming years to meet the rising air-travel demand in the country -- one of the world's fastest growing aviation market. Addressing a gathering at the UDAAN Bhawan here following the launch of Electronic Personnel License (EPL) for pilots, the Minister said aviation has always been the backbone of connectivity, economic growth, and technological advancements.

'India Not tougher Than Other Markets'

'India Not tougher Than Other Markets'

Rediff.com23 Dec 2024

'Regulatory challenges exist everywhere. What we look for is regulatory stability over time.'

US firms can now hire Indian graduates from top universities

US firms can now hire Indian graduates from top universities

Rediff.com27 Feb 2025

US President Donald Trump has said that the newly proposed 'gold card' initiative will allow American companies to hire Indian graduates from top US universities like Harvard and Stanford. Trump on Wednesday unveiled the 'gold card' initiative for wealthy foreigners, giving them the right to live and work in the country and offering a path to citizenship in exchange for a $5 million fee.

'We Could Win A TT Medal At LA Olympics'

'We Could Win A TT Medal At LA Olympics'

Rediff.com30 Jan 2025

'Paris 2024 was the first time that both the men's and women's team qualified for the team championships.' 'The women's team made it to the quarter-finals, just one short of the medal round, and the men's team also did well.' 'The mixed doubles is another event where India is doing very well.' 'So these three events are events where there is a possibility of us winning medals at the Olympics.'

'Should end fourth quarter on a robust note'

'Should end fourth quarter on a robust note'

Rediff.com2 Feb 2025

'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'

Why Has FATF Summoned Indian Gaming Firms?

Why Has FATF Summoned Indian Gaming Firms?

Rediff.com20 Feb 2025

Dream11, Baazi Games, Zupee and WinZO among others are invited for the discussion with the anti-money laundering watchdog.

'I Was Thinking Of Quitting Acting'

'I Was Thinking Of Quitting Acting'

Rediff.com25 Mar 2025

'I hadn't worked for three-and-a-half years.' 'I felt industry was based on who you knew.' 'I didn't belong to a network.'

Why Mid, Smallcap Stocks Are Crashing In 2025

Why Mid, Smallcap Stocks Are Crashing In 2025

Rediff.com28 Jan 2025

The last time these two indexes recorded a negative performance on a calendar year basis was in CY19.

Mankind Pharma to lead in Indian women's health market after BSV deal

Mankind Pharma to lead in Indian women's health market after BSV deal

Rediff.com29 Jul 2024

New Delhi-based pharmaceutical major Mankind Pharma is poised to take pole position in women's health portfolio in the India Pharma Market (IPM) after completing the Rs 13,630 crore deal to acquire Bharat Serums and Vaccines (BSV), senior company officials said. The deal potentially opens doors for Mankind Pharma to the overseas markets, which currently draws 92 per cent of its revenues from India. The combined entity will draw around 13 per cent revenues from the international market, with the remaining coming from the domestic market.

IndiGo eyes early induction of wide-body planes in fleet

IndiGo eyes early induction of wide-body planes in fleet

Rediff.com26 Dec 2024

IndiGo on Wednesday said it was exploring an earlier introduction of wide-body planes in its fleet to meet the growing demand for international travel. Industry sources said the airline was in talks with Norse Atlantic Airways to wet-lease six B787 planes in its fleet.

Focus On 26 EV Launches, Charging Infra At Auto Expo

Focus On 26 EV Launches, Charging Infra At Auto Expo

Rediff.com4 Feb 2025

With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.

'Premium and luxury segments becoming more prominent in India'

'Premium and luxury segments becoming more prominent in India'

Rediff.com9 Mar 2024

'The Indian economy is expected to grow in terms of per capita income and GDP, and with that, the luxury segment becomes more relevant.'

'Our India centre is a hub for global innovation'

'Our India centre is a hub for global innovation'

Rediff.com8 Jan 2025

'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'

NSE indefinitely defers the internal limit for trading hour extension

NSE indefinitely defers the internal limit for trading hour extension

Rediff.com13 Dec 2023

The National Stock Exchange (NSE) of India is going to indefinitely defer the internal deadline set for extending trading hours, according to sources in the know. The exchange aimed to introduce a three-hour evening session exclusively for index derivatives by March 2024, contingent upon regulatory clearance from the Securities and Exchange Board of India (Sebi). Sources indicate that the market regulator has not provided a favourable indication, dimming optimism surrounding the proposal.

Why Subianto Is The R-Day Chief Guest

Why Subianto Is The R-Day Chief Guest

Rediff.com14 Jan 2025

India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.

'Goal for Axis Max Life Insurance is to become listed entity'

'Goal for Axis Max Life Insurance is to become listed entity'

Rediff.com17 Feb 2025

'However, this process will take some time. Depending on the approval timeline, it may span a few quarters.'

'It Was Always About The Bride'

'It Was Always About The Bride'

Rediff.com25 Feb 2025

'Her story, her life, her aspirations and struggles...' 'Indian weddings are not just about fuschia, pink and dancing. They have many nuances.'

China has violated border pacts with India, says Jaishankar

China has violated border pacts with India, says Jaishankar

Rediff.com2 Oct 2024

China has violated border agreements, External Affairs Minister S Jaishankar said on Tuesday, noting that continued tension will cast a natural shadow over the rest of this relationship.

Manchester City's record-breaking splurge in January!

Manchester City's record-breaking splurge in January!

Rediff.com4 Feb 2025

Manchester City spent more than 180 million pounds ($223.58 million) -- more than the combined amount paid by the other 19 English top-flight clubs in a relatively quiet window.

Yogi rewards 75K cops with Rs 10K bonus, leave for Kumbh service

Yogi rewards 75K cops with Rs 10K bonus, leave for Kumbh service

Rediff.com28 Feb 2025

The Uttar Pradesh government has announced a special Rs 10,000 bonus and the 'Maha Kumbh Seva Medal' for 75,000 police personnel who served during the Maha Kumbh in Prayagraj. Chief Minister Yogi Adityanath praised the police force's efforts in managing the grand religious event, highlighting the event's economic impact and the transformation of the UP Police into a "Mitra Police." He also emphasized the state government's commitment to police welfare and infrastructure development, citing increased recruitment and budget allocation.

Draft DPDP rules: Task cut out for banks as operational challenges loom

Draft DPDP rules: Task cut out for banks as operational challenges loom

Rediff.com9 Jan 2025

The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.

Bangladesh moves closer to Islamabad, eases visa process for Pakistanis

Bangladesh moves closer to Islamabad, eases visa process for Pakistanis

Rediff.com12 Jan 2025

The present government had removed the need for clearance from Dhaka for Pakistani heads of missions while issuing visas, Bangladesh high commissioner to Pakistan Iqbal Hussain told the business community here at the Lahore Chamber of Commerce and Industry on Saturday.

How Modi Has Changed Babus

How Modi Has Changed Babus

Rediff.com4 Mar 2025

At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions.

Rishi Sunak joins Oxford, Stanford in academic roles

Rishi Sunak joins Oxford, Stanford in academic roles

Rediff.com23 Jan 2025

Former UK Prime Minister Rishi Sunak has taken on new academic roles at the University of Oxford and Stanford University, both alma maters of the Conservative Party member of Parliament. Sunak will join Oxford's Blavatnik School of Government as a member of the World Leaders Circle and a Distinguished Fellow, while at Stanford, he will be the William C Edwards Distinguished Visiting Fellow at the Hoover Institution. Sunak expressed his enthusiasm for contributing to both institutions, highlighting their leading research in global challenges, economic policy, and technological advancements. He emphasized the significance of his education at both universities in shaping his life and career. The appointments have been welcomed by both institutions, with leaders praising Sunak's expertise and experience in global affairs and economic policy.

Indians Work More Than Chinese!

Indians Work More Than Chinese!

Rediff.com14 Feb 2025

The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.

Foreign companies' tax burden at record low in India

Foreign companies' tax burden at record low in India

Rediff.com24 Feb 2025

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).

7 Lessons To Be An Entrepreneur

7 Lessons To Be An Entrepreneur

Rediff.com10 Jan 2025

'Before you work on your business plan, before you build your team, you should have a clear idea about what your product is, who your customer is, how valuable the product is, and whether the market is deep and wide.'

Plane carrying 64 collides with chopper, crashes in US

Plane carrying 64 collides with chopper, crashes in US

Rediff.com30 Jan 2025

The plane, a PSA Airline Bombardier CRJ700, crashed in the Potomac River near the vicinity of Reagan National Airport, according to officials.

New Tata EVs will run 500 km on single charge

New Tata EVs will run 500 km on single charge

Rediff.com13 Jan 2025

As battery prices drop, early customers of Tata Motors, which was the first mover in the passenger EV market, could feel let down.

'We Have Begged For Justice'

'We Have Begged For Justice'

Rediff.com12 Mar 2025

'Justice may or may not happen, but who are those people who did this to her?' 'If the hospital authorities had helped us that day, or the police, then the real culprits would have been caught.' 'Getting justice for my daughter is my goal now and I want the CM to remember that.'

Temasek's Haldiram Deal May Be HUGE!

Temasek's Haldiram Deal May Be HUGE!

Rediff.com8 Jan 2025

Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.