News for 'Ministry of International Trade and Industry'

Modi, Abe vow to deepen counter-terror, nuclear cooperation

Modi, Abe vow to deepen counter-terror, nuclear cooperation

Rediff.com7 Sep 2016

Modi held talks with Abe after arriving in the Laotian capital to attend the Association of Southeast Asian Nations-India and the East Asia summits that will take place on Thursday.

FabIndia under fire from KVIC for 'Khadi' mark violations

FabIndia under fire from KVIC for 'Khadi' mark violations

Rediff.com13 Feb 2017

In a strongly worded legal notice to FabIndia Chief Executive Officer Viney Singh, KVIC's director (legal affairs), noted that the organisation was continuing to sell its garments in the name and style of Khadi despite earlier warnings by KVIC and assurances by FabIndia that it will not continue do so.

Another Chinese invasion! India's cotton exports in trouble

Another Chinese invasion! India's cotton exports in trouble

Rediff.com3 Mar 2017

Chinese government was expected to start sales from its cotton reserves on March 6.

Why Obama is critical of India in his book

Why Obama is critical of India in his book

Rediff.com20 Nov 2020

He had come in search of jobs in America to rescue his presidency and India failed him in more ways than one, observes Ambassador T P Sreenivasan.

Border standoff with India is temporary: Chinese official

Border standoff with India is temporary: Chinese official

Rediff.com11 Jul 2017

The issue "will not affect" the "long-standing" economic and cultural ties between the two countries, a top Chinese official said.

India may change its WTO stance, seek another package

India may change its WTO stance, seek another package

Rediff.com3 Jul 2015

The 10th ministerial conference, will be held at Nairobi, Kenya.

Obama for higher share for India in IMF, other institutions

Obama for higher share for India in IMF, other institutions

Rediff.com25 Jan 2015

US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.

India acts to repair reputation as drugs exporter

India acts to repair reputation as drugs exporter

Rediff.com7 May 2014

As part of the charm offensive, New Delhi has invited global regulators -- including the FDA -- to visit Indian production units to get first-hand evidence of measures taken to ensure the quality of locally manufactured generics.

New Fema rules stump foreign-owned MFs

New Fema rules stump foreign-owned MFs

Rediff.com5 Nov 2019

Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.

India, Japan and the China threat

India, Japan and the China threat

Rediff.com20 Nov 2018

'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.

'PoK part of India, expect to have physical jurisdiction over it one day'

'PoK part of India, expect to have physical jurisdiction over it one day'

Rediff.com17 Sep 2019

The external affairs minister also made it clear that with Pakistan, the issue is not Article 370, the issue is cross-border terrorism and the first thing that has to come to table for any talks with Pakistan has to be the terrorism issue.

Govt positive as Moody's cuts India rating to negative

Govt positive as Moody's cuts India rating to negative

Rediff.com8 Nov 2019

While foreign currency rating was retained at Baa2 -- the second-lowest investment grade score -- Moody's also projected a fiscal deficit of 3.7 per cent of gross domestic product in the year through March 2020, a breach of the government's target of 3.3 per cent.

PM Modi arrives in Japan, nuclear deal on the agenda

PM Modi arrives in Japan, nuclear deal on the agenda

Rediff.com10 Nov 2016

PM Modi and his Japanese counterpart are likely to sign several agreements, including on civil nuclear cooperation. Both leaders are also likely to discuss defence cooperation, including joint maritime exercises between Japan, India and the United States.

Markets gain for 5th straight session; bank shares rally

Markets gain for 5th straight session; bank shares rally

Rediff.com9 Apr 2015

The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.

Bureaucratic hurdles dampen investors in India

Bureaucratic hurdles dampen investors in India

Rediff.com14 Dec 2015

Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.

Fearing defaults, banks rein in credit to jewellery firms

Fearing defaults, banks rein in credit to jewellery firms

Rediff.com16 Jan 2015

It was unclear how bankers were deciding which jewellers to support

Modi govt must take steps to revive SEZs

Modi govt must take steps to revive SEZs

Rediff.com19 Aug 2014

Senior officials say the government might come up with an incentive package for the SEZs following the release of Foreign Trade Policy.

Economic surveys: A case of hits and misses on GDP numbers

Economic surveys: A case of hits and misses on GDP numbers

Rediff.com5 Feb 2021

Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.

Sensex rebounds 190 points to end at 23,382

Sensex rebounds 190 points to end at 23,382

Rediff.com17 Feb 2016

The S&P BSE Sensex ended 190 points up at 23,382.

Companies bag Rs 5000 crore 'Make in India' contracts

Companies bag Rs 5000 crore 'Make in India' contracts

Rediff.com4 Apr 2018

One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails

Centre set to seek Rs 426 cr in damages from Nestl

Centre set to seek Rs 426 cr in damages from Nestl

Rediff.com11 Aug 2015

The complaint is against Nestle's 'unfair trade practices'.

FinMin chalks out strategy to limit US shutdown damage

FinMin chalks out strategy to limit US shutdown damage

Rediff.com4 Oct 2013

India may be hit if stalemate in Washington persists over two weeks.

What the world will worry about in 2019

What the world will worry about in 2019

Rediff.com24 Jan 2019

'What matters is that India's perspective on global issues -- climate change, intellectual property, free trade, trade routes being kept free, digital technology -- are listened to with respect,' says Ambassador B S Prakash.

COVID-19: Let's prepare for a Second Wave

COVID-19: Let's prepare for a Second Wave

Rediff.com26 Apr 2020

As with the Spanish flu, the world must be ready for a second and third wave as this start-stop-start-stop response plays out, recommends Rahul Jacob.

India to not compromises on food security at WTO talks

India to not compromises on food security at WTO talks

Rediff.com21 Jul 2014

Critics have even suggested that India is doing this because it is not prepared to take on the requirements of TFA, with a relatively weak trade infrastructure.

Modi seeks Qatar's aid in rescuing 39 Indians held hostage by IS

Modi seeks Qatar's aid in rescuing 39 Indians held hostage by IS

Rediff.com25 Mar 2015

The 39 are being held hostage by Islamic militant outfit Islamic State.

Cabinet to decide on capping natural gas price hike

Cabinet to decide on capping natural gas price hike

Rediff.com27 Nov 2013

The Union Cabinet in June decided to price all domestically produced natural gas at an average of the price prevailing at international gas trading hubs and the actual cost of importing liquid gas.

India is a stakeholder in Korean peace process: PM Modi

India is a stakeholder in Korean peace process: PM Modi

Rediff.com10 Jul 2018

PM indirectly referred to North Korea's proliferation linkages with Pakistan.

The business of Indian diplomacy is business

The business of Indian diplomacy is business

Rediff.com14 Jun 2016

Making it easier to do business is a key element of our strategy, says Foreign Secretary S Jaishankar.

Governor Rajan has done his part; govt action will decide future rate cuts

Governor Rajan has done his part; govt action will decide future rate cuts

Rediff.com3 Jun 2015

Over to the government how they manage the uncertainty of monsoon and revive spending in order to entice RBI for another round of rate cuts

Global meltdown, oil woes drag Sensex 239 points lower; FOMC eyed

Global meltdown, oil woes drag Sensex 239 points lower; FOMC eyed

Rediff.com13 Jun 2016

Sharp fall in capital goods production and manufacturing activity also dented sentiments.

'Govt should present new Budget'

'Govt should present new Budget'

Rediff.com7 May 2020

'This prime minister thinks he knows everything.' 'He has to consult, he has to talk and he has to mobilise the best people, but having seen him function, I have no expectations from him.'

A Chinese invasion, albeit with a difference

A Chinese invasion, albeit with a difference

Rediff.com4 Oct 2017

Oppo's FDI application approved for single-brand retail trading

PM Modi inks 5 deals with 'crucial partner' Tanzania

PM Modi inks 5 deals with 'crucial partner' Tanzania

Rediff.com10 Jul 2016

Prime Minister Narendra Modi is in Tanzania where he held talks with Tanzanian President John Pombe Joseph Magufuli.

Weak global cues, India services PMI drag markets

Weak global cues, India services PMI drag markets

Rediff.com5 Jul 2016

Investors engaged in profit booking in the recent gainers at attractive and higher valuations.

India Inc asks govt to take steps to narrow down CAD

India Inc asks govt to take steps to narrow down CAD

Rediff.com27 Jun 2013

Expressing serious concerns over the current account deficit touching a record 4.8 per cent in 2012-13, India Inc on Thursday asked the government to take all policy measures, including boosting exports and foreign exchange inflows to bring down CAD.

What the India-US joint statement says

What the India-US joint statement says

Rediff.com27 Jun 2017

Here is the full text of the joint statement issued by India and the US.

India has a major stake in Indo-Pacific region: Navy chief

India has a major stake in Indo-Pacific region: Navy chief

Rediff.com15 Feb 2017

Asserting that "maritime muscle flexing" by some countries and other factors have made the Indo-Pacific region "more contested and more volatile," naval chief Admiral Sunil Lanba on Tuesday said that the Indian Navy has its task cut out as it has been a major security provider in the region.

'Govt banks rarely take note of RBI directives'

'Govt banks rarely take note of RBI directives'

Rediff.com20 Jun 2018

'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'

India's push to save its cows starves Bangladesh of beef

India's push to save its cows starves Bangladesh of beef

Rediff.com3 Jul 2015

About 2 million head of cattle are smuggled into Bangladesh annually.