News for 'International Trade and Industry'

B-school-review: Indian Institute of Foreign Trade

B-school-review: Indian Institute of Foreign Trade

Rediff.com4 Mar 2010

A look at the Indian Institute of Foreign Trade, New Delhi and its courses.

Markets end in red; Sensex falls 263 points

Markets end in red; Sensex falls 263 points

Rediff.com21 Sep 2022

Equity indices ended lower on Wednesday amid mixed global market trends ahead of the keenly awaited US Fed interest rate decision. The 30-share BSE Sensex fell 262.96 points or 0.44 per cent to settle at 59,456.78. During the day, it tanked 444.34 points or 0.74 per cent to 59,275.40. The NSE Nifty went lower by 97.90 points or 0.55 per cent to end at 17,718.35.

Blasts: Diamond merchants want special security

Blasts: Diamond merchants want special security

Rediff.com15 Jul 2011

Surat Diamond Association, the apex body of diamond industry in Ahmedabad, has said there should be a special force for the security of diamond industry in the wake of serial blasts in Mumbai.

Sensex jumps 579 points; Nifty up over 1%

Sensex jumps 579 points; Nifty up over 1%

Rediff.com20 Sep 2022

Equity indices ended higher for the second straight session on Tuesday, with the Nifty rallying over 1 per cent, helped by across-the-board buying and recovery in the US and Asian markets. Foreign fund inflows also added to the momentum. The 30-share BSE Sensex climbed 578.51 points or 0.98 per cent to settle at 59,719.74.

Markets break 5-day rally; Sensex tumbles 709 points

Markets break 5-day rally; Sensex tumbles 709 points

Rediff.com15 Mar 2022

Equity benchmarks Sensex and Nifty halted their five-day rally on Tuesday and settled deep in the red, mirroring weak global markets, with decline in index heavyweights Reliance Industries, Infosys and HDFC Bank. Despite opening with gains of over 200 points, the 30-share Sensex turned highly volatile and tumbled 709.17 points or 1.26 per cent to close at 55,776.85. During the day, the benchmark index plunged 1,067.07 points or 1.88 per cent to 55,418.95. The broader NSE Nifty also declined 208.30 points or 1.23 per cent to close at 16,663.

Steel Man of India, Jamshed J Irani, passes away at 86

Steel Man of India, Jamshed J Irani, passes away at 86

Rediff.com1 Nov 2022

Jamshed J Irani, known as the steel man of India, died in Jamshedpur late Monday night, Tata Steel said. He was 86. "The Steel Man of India passes away. It is with profound grief that Tata Steel informs of the demise of Padma Bhushan Dr Jamshed J Irani," Tata Steel said in a statement. He passed away on October 31, 2022 at 10 PM at TMH (Tata Hospital) in Jamshedpur, it said.

Markets bounce back after 8 days; end nearly 1% higher

Markets bounce back after 8 days; end nearly 1% higher

Rediff.com1 Mar 2023

From the Sensex pack, State Bank of India, Axis Bank, IndusInd Bank, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Maruti Suzuki, Tata Steel and Tata Motors were the major gainers. Power Grid and HDFC Bank were the laggards from the pack.

Sensex dives 704 points on fag-end sell-off

Sensex dives 704 points on fag-end sell-off

Rediff.com19 Apr 2022

Markets went into a tailspin during fag-end of the trade on Tuesday, with the Sensex closing 703.59 points lower as weakness in HDFC twins and Infosys continued to dent sentiments. Concerns over rising inflation and foreign fund outflows in the wake of the uncertain geopolitical situation also sapped investor confidence. In a highly volatile trade, the Sensex finished 703.59 points or 1.23 per cent lower at 56,463.15 as fag-end selling emerged.

Markets rebound nearly 1% on gains in auto, IT stocks

Markets rebound nearly 1% on gains in auto, IT stocks

Rediff.com23 Jun 2022

Equity benchmark indices Sensex and Nifty bounced back on Thursday to close higher by nearly 1 per cent on gains in banking, IT and auto shares amid mixed global trends. The 30-share BSE Sensex rose by 443.19 points or 0.86 per cent to settle at 52,265.72. During the day, it rallied 694.26 points or 1.33 per cent to 52,516.79. The NSE Nifty advanced 143.35 points or 0.93 per cent to 15,556.65.

Eligible for settling market trading violatons? Details soon

Eligible for settling market trading violatons? Details soon

Rediff.com6 May 2016

The framework does not allow settling of serious violations that have 'market-wide impact'.

Sensex, Nifty pare intra-day gains to end in red

Sensex, Nifty pare intra-day gains to end in red

Rediff.com30 Dec 2022

From the Sensex pack, ICICI Bank, Bharti Airtel, HDFC, ITC, Nestle, Larsen & Toubro, Asian Paints, Mahindra & Mahindra, Power Grid and IndusInd Bank were the major laggards on Friday. In contrast, Bajaj Finserv, Titan, Bajaj Finance, Tata Steel, Tata Motors, Wipro, Kotak Mahindra Bank, Tech Mahindra, Reliance Industries and State Bank of India were the major winners.

Minister wants to strike a balance between workers and industry

Minister wants to strike a balance between workers and industry

Rediff.com3 Jul 2014

It's a middle path for labour reforms.

Sensex reclaims 58,000-mark tracking firm global trends

Sensex reclaims 58,000-mark tracking firm global trends

Rediff.com1 Aug 2022

Equity benchmark Sensex extended its winning run to the fourth day running on Monday and reclaimed the 58,000-level, tracking firm global trends and fresh foreign fund inflows. Buying in index major Reliance Industries added to the momentum. The 30-share BSE benchmark climbed 545.25 points or 0.95 per cent to settle at 58,115.50. During the day, it jumped 600.42 points or 1 per cent to 58,170.67. The broader NSE Nifty advanced 181.80 points or 1.06 per cent to 17,340.05.

In Covid times China reports Q1 GDP growth of whopping 18.3%

In Covid times China reports Q1 GDP growth of whopping 18.3%

Rediff.com16 Apr 2021

China's GDP jumped a record 18.3 per cent in the first quarter of 2021, riding on strong domestic and foreign demand and aided by recovery from a low base in early 2020 when Covid-19 stalled the world's second-largest economy, according to statistics released on Friday.

'Don't Stop Your SIPs!'

'Don't Stop Your SIPs!'

Rediff.com12 May 2023

'Starting an SIP now and continuing with it is likely to translate into high returns over the long term.'

Collateral-Free Debt Funding For Start-Ups

Collateral-Free Debt Funding For Start-Ups

Rediff.com25 Oct 2022

The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers).

NRI to be Dy US Trade Representative

NRI to be Dy US Trade Representative

Rediff.com14 Sep 2005

US President George W Bush has announced that he intends to nominate an Indian American, Karan K Bhatia, of Maryland, as Deputy US Trade Representative, with the rank of Ambassador.

Will Tata Steel's global stride with new deal aid profitability?

Will Tata Steel's global stride with new deal aid profitability?

Rediff.com21 Nov 2023

It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.

Sensex tanks 928 points to close at 3-week low

Sensex tanks 928 points to close at 3-week low

Rediff.com22 Feb 2023

From the Sensex pack, Bajaj Finance, Bajaj Finserv, Reliance Industries, Wipro, HDFC Bank, HDFC, ICICI Bank and Tata Steel were the major laggards. ITC was the lone winner in the Sensex pack.

Infosys, banking stocks boost markets; Sensex rises 685 points

Infosys, banking stocks boost markets; Sensex rises 685 points

Rediff.com14 Oct 2022

Equity benchmarks Sensex and Nifty ended over 1 per cent higher on Friday, helped by heavy buying in Infosys and banking stocks amid a rally in global stock markets. The 30-share BSE Sensex jumped 684.64 points or 1.20 per cent to settle at 57,919.97. During the day, it rallied 1,199.79 points or 2.09 per cent to 58,435.12.

Sensex surges 563 points as RIL, HDFC twins shine

Sensex surges 563 points as RIL, HDFC twins shine

Rediff.com17 Jan 2023

Equity benchmarks shrugged off lacklustre global cues to clock smart gains on Tuesday, buoyed by strong buying interest in index heavyweights Reliance Industries and HDFC twins. However, a depreciating rupee and unabated foreign fund outflows capped the gains, traders said. The 30-share BSE Sensex rallied 562.75 points or 0.94 per cent to settle at 60,655.72.

Sensex, Nifty end in red on profit booking

Sensex, Nifty end in red on profit booking

Rediff.com4 Aug 2022

Equity benchmarks snapped their six-session rally to close marginally lower on Thursday amid profit booking in banking and energy counters. Investors also stayed on the sidelines ahead of the RBI's policy meet outcome on Friday. In choppy trade, the 30-share BSE Sensex ended 51.73 points or 0.09 per cent lower at 58,298.80. During the day, it hit a low of 57,577.05 and a high of 58,712.66.

PM urged to reject US pressure tactics on trade, biz policies

PM urged to reject US pressure tactics on trade, biz policies

Rediff.com28 Mar 2014

The unilateral pressure by US administration on India, at the behest of US Business Associations lobby through US International Trade Commission investigations and request to USTR to enlist India under Priority Foreign Country under Special 301 review, lacks legitimacy under WTO framework, the signatories to the letter said.

Sensex pares early losses; ends up 231 points

Sensex pares early losses; ends up 231 points

Rediff.com28 Mar 2022

Equity benchmark Sensex pared its early losses to close higher by 231 points on Monday, helped by buying in index heavyweight Reliance Industries and ICICI Bank amid positive global trends. After falling 537.11 points to a low of 56,825.09 in morning trade, the 30-share BSE barometer staged a recovery in afternoon trade and climbed 231.29 points or 0.40 per cent to settle at 57,593.49. As many as 20 Sensex stocks closed with gains while 10 declined. The broader NSE Nifty recovered 69 points or 0.40 per cent to settle at 17,222 with 29 of its constituents ending in green.

Markets rebound after 2-day slide; Sensex jumps 777 points

Markets rebound after 2-day slide; Sensex jumps 777 points

Rediff.com26 Apr 2022

Benchmark indices rebounded sharply on Tuesday after falling for the past two sessions, with the Sensex rallying nearly 777 points, helped by buying in index major Reliance Industries and recovery in global markets. The 30-share BSE benchmark jumped 776.72 points or 1.37 per cent to end at 57,356.61. During the day, it rallied 862.35 points or 1.52 per cent to 57,442.24. The broader NSE Nifty gained 246.85 points or 1.46 per cent to finish at 17,200.80.

Sensex slumps 617 pts; Nifty falls below 17,000

Sensex slumps 617 pts; Nifty falls below 17,000

Rediff.com25 Apr 2022

Equity markets opened the trade on a lower note on Monday, extending the previous day's fall, with the Sensex tanking 785 points in early trade, mirroring an extremely weak trend in Asian markets. Also, unabated foreign fund outflows and selling in index majors Reliance Industries, Infosys and TCS added to the weak sentiment. The BSE benchmark Sensex was trading 785 points lower at 56,412.14. The NSE Nifty declined 243.35 points to 16,928.60

Govt rejects Walmart-Flipkart's bid to enter food retail sector

Govt rejects Walmart-Flipkart's bid to enter food retail sector

Rediff.com1 Jun 2020

The department for promotion of industry and internal trade has rejected Walmart-backed Flipkart's proposal seeking approval for entry to the food retail sector, citing a regulatory issue, an official said on Monday. The government permits 100 per cent foreign direct investment in food retail for food produced and manufactured in India.

Markets end in green; Sensex gains 740 points

Markets end in green; Sensex gains 740 points

Rediff.com30 Mar 2022

Benchmark equity indices Sensex and Nifty rallied for a third day in a row on Wednesday on buying in Reliance Industries, Infosys, HDFC twins and ICICI Bank following gains in global equities amid hopes of a breakthrough in Russia-Ukraine peace talks. The 30-share BSE barometer index surged 740.34 points or 1.28 per cent to settle at 58,683.99. During the day, it jumped 784.13 points or 1.35 per cent to 58,727.78. Similarly, the broader NSE Nifty climbed 172.95 points or 1 per cent to settle at 17,498.25. Among the 30-share pack, Bajaj Finserv, Mahindra & Mahindra, Bajaj Finance, Power Grid, HDFC, ICICI Bank, Nestle, Maruti, Reliance Industries Limited were among the lead gainers. On the other hand, ITC, Tata Steel, Tech Mahindra, Bharti Airtel and Titan were among the laggards.

Sensex climbs 284 points to settle at 55,682

Sensex climbs 284 points to settle at 55,682

Rediff.com21 Jul 2022

Benchmark indices bounced back after falling in early trade on Thursday and logged the fifth day of gain amid a decline in crude oil prices and foreign funds inflow. The 30-share BSE Sensex climbed 284.42 points or 0.51 per cent to settle at 55,681.95. During the day, it jumped 340.96 points or 0.61 per cent to 55,738.49. The broader NSE Nifty went higher by 84.40 points or 0.51 per cent to 16,605.25.

US wins WTO poultry case against India

US wins WTO poultry case against India

Rediff.com4 Jun 2015

US officials said the win will help lower trade barriers and open new markets.

Exporters explore 3 back-up routes to Russia, CIS nations

Exporters explore 3 back-up routes to Russia, CIS nations

Rediff.com28 Mar 2022

Exporters are readying back-up routes to send their shipments to the nations belonging to the Commonwealth of Independent States (CIS), including Russia, as the war in Ukraine continues to intensify. Three routes are being explored. The first is the China route using Qingdao port. The second is the International North-South Transport Corridor (INSTC) route that connects Mumbai to Moscow via Iran and Azerbaijan.

Markets rally over 1%; Sensex jumps 632 points

Markets rally over 1%; Sensex jumps 632 points

Rediff.com27 May 2022

Equity markets extended their rally on Friday, with the Sensex and Nifty jumping over 1 per cent each, in tandem with a positive trend in global equities. Buying in Infosys and banking counters helped markets maintain their winning run. The 30-share BSE Sensex rallied 632.13 points or 1.17 per cent to settle at 54,884.66.

Gold proves its mettle against Sensex, price rises 2.6% in CY22

Gold proves its mettle against Sensex, price rises 2.6% in CY22

Rediff.com14 Oct 2022

Gold prices are struggling and are down 18 per cent from their March highs. But stock prices have fallen even more. As a result, the precious metal has begun to outperform equities - both in the domestic market and international markets. Gold prices are up 2.6 per cent in the domestic market in the current calendar year (CY22) so far, according to the World Gold Council (WGC), compared to a 1.7 per cent decline in the Sensex year-to-date (YTD).

Trade deficit increases to $20.3 bn

Trade deficit increases to $20.3 bn

Rediff.com25 Oct 2005

The demand of imports coupled with rising international crude oil prices has widened the overall trade deficit in the first half of the current fiscal to $20.3 billion from $11.9 billion a year ago, Reserve Bank said on Tuesday.\n\n

US industry slams India's 'move towards protectionism'

US industry slams India's 'move towards protectionism'

Rediff.com2 Jul 2013

The Indian government headed by Prime Minister Manmohan Singh, who is known as the architect of the country's liberalisation and economic reforms, is inching towards a "protectionist" regime, top American experts have told US lawmakers.

'Modi has moved foreign policy from elite to masses'

'Modi has moved foreign policy from elite to masses'

Rediff.com5 Jul 2023

'For the first time since I've been following Indian politics, one heard voters talking about India's role on the world stage and the fact that, due to Modi's leadership, India was once again a great power.'

Stalin takes up 'severe oxygen crisis' with Modi

Stalin takes up 'severe oxygen crisis' with Modi

Rediff.com7 May 2021

Flagging the 'severe crisis' over availability of medical oxygen in Tamil Nadu, Chief Minister M K Stalin on Friday urged Prime Minister Narendra Modi to intervene and ensure it gets supplies and for the Centre to make available containers and trains to transport the life saving gas to the state.

Markets tumble nearly 1%; Sensex tanks 509 points

Markets tumble nearly 1%; Sensex tanks 509 points

Rediff.com28 Sep 2022

Benchmark indices ended nearly 1 per cent lower on Wednesday, tracking a weak trend in global markets and continuous foreign fund outflows. The 30-share BSE Sensex fell 509.24 points or 0.89 per cent to settle at 56,598.28. During the day, it tanked 621.85 points or 1.08 per cent to 56,485.67. Similarly, the broader NSE Nifty declined 148.80 points or 0.87 per cent to end at 16,858.60.

Sensex ends flat in cautious trade ahead of earnings season

Sensex ends flat in cautious trade ahead of earnings season

Rediff.com2 Jan 2018

The NSE Nifty, however, ended a shade higher by 6.65 points or 0.06 per cent at 10,442.20