News for 'Ministry of International Trade and Industry'

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

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.

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.

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.

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.

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.

'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.'

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.

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.

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.

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.

Only above 21-yr-olds can smoke if govt has its way

Only above 21-yr-olds can smoke if govt has its way

Rediff.com13 Jan 2015

Brushing aside opposition, the government on Tuesday moved to amend the anti-smoking law and proposed radical changes, including ban on sale of loose cigarettes and raising the minimum age of a person buying tobacco products to 21 years from existing 18.

'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.'

Month after OBOR boycott, Modi, Xi discuss ways to better ties

Month after OBOR boycott, Modi, Xi discuss ways to better ties

Rediff.com9 Jun 2017

It is the first meeting between the two leaders after India boycotted the high-profile Belt and Road Forum.

Has Asean opened the floodgates to Indians?

Has Asean opened the floodgates to Indians?

Rediff.com10 Oct 2014

The agreement on services, if ratified by all member countries, could prove to be a game changer for Indian professionals in education, healthcare & IT.

Can Modi & co deliver? The world awaits

Can Modi & co deliver? The world awaits

Rediff.com17 Aug 2015

Modi's visit to some developed countries such as the US, Japan, China and Australia were sprinkled with humongous investment figures. But do we have the wherewithal to absorb such big investments?

Sensex ends 2014 with best annual gain in 5 years

Sensex ends 2014 with best annual gain in 5 years

Rediff.com31 Dec 2014

Foreign institutional investors were net buyers in Indian equities worth Rs 277.92 crore on Tuesday

India's boycott of OBOR an unusual display of spine

India's boycott of OBOR an unusual display of spine

Rediff.com31 May 2017

The decision to not attend the forum attended by 28 heads of state and 130 national delegations is a clear break from its usual policy of going along with the crowd.

How 4-5% of India's GDP is wiped away every year

How 4-5% of India's GDP is wiped away every year

Rediff.com20 Dec 2018

Corrosion is a big menace for anything with steel application from rebars in construction, oil and water pipelines, railway track, power distribution poles to automobiles, says Kunal Bose.

'Economy has been growing at around 5% the last 7-8 years'

'Economy has been growing at around 5% the last 7-8 years'

Rediff.com21 Jun 2019

'Instead of doing reforms and restructuring, the present government is busy with the perception that everything is fine and the economy is hunky-dory.' 'Such hollow perceptions are very dangerous for the Indian economy in the long run.' 'The real risk to India is the lack of decent employment opportunities for youth in general and educated youth in particular.'

Why Chinese firms are under govt lens

Why Chinese firms are under govt lens

Rediff.com10 Jan 2019

The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.

Keep us in loop before any FDA swoop, India tells US

Keep us in loop before any FDA swoop, India tells US

Rediff.com11 Feb 2014

Inspections only in domestic authorities' presence, visiting US drug regulator told

GE, Boeing, Honeywell back India on patents

GE, Boeing, Honeywell back India on patents

Rediff.com26 Mar 2016

India's IPR framework and enforcement were comparable to those in developed countries

India to lay out red carpet for Netanyahu

India to lay out red carpet for Netanyahu

Rediff.com12 Jan 2018

Prime Minister Narendra Modi will be reciprocating the reception he received from the Israeli PM during his visit last July, report Archis Mohan & PTI.

Hail the invisible hand of the State

Hail the invisible hand of the State

Rediff.com13 Jan 2015

Neither pharma nor IT would have become the stars of the economy without the active but largely invisible hand of the Indian State, says Ajit Balakrishnan.

Sharma to meet heads of global retail chains

Sharma to meet heads of global retail chains

Rediff.com24 Jun 2013

Four new retailers from US, two from Germany may have shown interest in setting up shop in India.

Sharp tax cuts on gold among steps mooted by NITI panel

Sharp tax cuts on gold among steps mooted by NITI panel

Rediff.com4 Mar 2018

While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.

Energy, health care sectors gain from Modi's UK visit

Energy, health care sectors gain from Modi's UK visit

Rediff.com15 Nov 2015

Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.

Why India Inc is batting for Rajan's 2nd innings at RBI

Why India Inc is batting for Rajan's 2nd innings at RBI

Rediff.com25 May 2016

Rajan has a great track record abroad.

India, China foreign ministers hold 'frank, substantive' talks

India, China foreign ministers hold 'frank, substantive' talks

Rediff.com8 Jun 2014

The entire gamut of bilateral ties including the contentious boundary issue was discussed during a "cordial and substantive" engagement between the foreign ministers of India and China in New Delhi who met within two weeks of installation of the Narendra Modi government.

India's relations with the US must not be one-sided

India's relations with the US must not be one-sided

Rediff.com20 Jan 2015

'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.

Why are global retailers in wait-and-watch mode for India?

Why are global retailers in wait-and-watch mode for India?

Rediff.com24 Mar 2014

The Indian government has simplified FDI policy inorder to attract global retail chains.

Navi Mumbai Airport: Bid deadline extended to Sep 2

Navi Mumbai Airport: Bid deadline extended to Sep 2

Rediff.com27 Jul 2014

This is the second extension for the bids since June 18.

'This government wants to make India a gambling den'

'This government wants to make India a gambling den'

Rediff.com14 Mar 2018

'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'

Suzuki Motor CEO names son to succeed him as president

Suzuki Motor CEO names son to succeed him as president

Rediff.com30 Jun 2015

Suzuki Motor Corp's 85-year-old CEO Osamu Suzuki named his eldest son as the new president of Japan's fourth-biggest automaker, easing investor concerns over the firm's succession plan and boosting the company's shares by more than 5 percent.

Why we need to have a liberal approach towards gold

Why we need to have a liberal approach towards gold

Rediff.com18 May 2015

The government has retained 10% duty on import of the yellow metal.

How the super rich stash money abroad

How the super rich stash money abroad

Rediff.com21 Nov 2017

'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'

Sensex drops 371 points to end at 1-week low; financial shares drag

Sensex drops 371 points to end at 1-week low; financial shares drag

Rediff.com28 Mar 2016

The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.