News for 'National Investment Commission'

China, Pak to bolster military ties amid 'tense times'

China, Pak to bolster military ties amid 'tense times'

Rediff.com13 Jun 2022

China and Pakistan have agreed to step up their defence and counter-terrorism cooperation amidst 'challenging times', as Pakistan Army chief General Qamar Javed Bajwa held wide-ranging talks with the Chinese military leadership to further cement their all-weather strategic partnership.

Why this Businessman Quit Kerala

Why this Businessman Quit Kerala

Rediff.com26 Jul 2021

Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?

Kerala Minister dismisses Kitex's allegations

Kerala Minister dismisses Kitex's allegations

Rediff.com14 Jul 2021

Dismissing as baseless Kitex group chairman Sabu Jacob's allegation that the atmosphere in Kerala is not industry-friendly, state Industries Minister P Rajeev on Wednesday said his government stands for "responsible investment" and the southern state would be made a destination of such investments in few years. In an exclusive interview to PTI, Rajeev said the focus of the government is to attract green industries and IT-based industries in Kerala as land scarcity and environmental issues associated with it have been a problem in the state. "We are always taking a stand in favour of investment, in favour of industries. But our need is that--investment should be responsible. We stand for responsible investment," said Rajeev, who represents Kalamassery-an industrial hub in Kerala--in the state Assembly. Elaborating on responsible investment, the minister said it is a strategy and practice to incorporate environmental, social and governance (ESG) factors in investment decisions.

India's national jobs hunt

India's national jobs hunt

Rediff.com6 May 2014

The government is by far the largest employer; job security is guaranteed for government employees, and their wages are set through once-in-10-year Pay Commission.

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

Rediff.com24 May 2022

As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".

'Brilliant businesses were not built on money, but on great ideas'

'Brilliant businesses were not built on money, but on great ideas'

Rediff.com6 Feb 2023

'People will say a lot of things -- ignore the noise.'

Mehul Choksi gives up Indian citizenship

Mehul Choksi gives up Indian citizenship

Rediff.com21 Jan 2019

Choksi is wanted in India by the CBI and the Enforcement Directorate, which are probing the PNB fraud, the biggest banking scam in the country. India continues to pursue Choksi's return with the government of Antigua through diplomatic and legal channels.

Davis Cup Finals group stage to be played in Sept

Davis Cup Finals group stage to be played in Sept

Rediff.com17 Mar 2022

US WNBA All-Star Griner's detention in Russia extended

Navy remained in 'combat-ready posture' during Covid: Govt

Navy remained in 'combat-ready posture' during Covid: Govt

Rediff.com19 Apr 2021

Naik said the prompt and effective deployment of the Navy in the time of crisis has underscored India's vision of being the "preferred security partner and first responder in our region".

RBI should cut policy rate by 1% this fiscal: CII

RBI should cut policy rate by 1% this fiscal: CII

Rediff.com5 Jul 2013

Will help in reviving the economy and push investment.

With Mumbai in pocket, Adani is India's largest private airport operator

With Mumbai in pocket, Adani is India's largest private airport operator

Rediff.com31 Aug 2020

Billionaire Gautam Adani's Adani group on Monday said it has reached an agreement to acquire GVK group's shareholding and control of Mumbai airport.

Amazon challenges CCI over suspension of 2019 Future deal

Amazon challenges CCI over suspension of 2019 Future deal

Rediff.com10 Jan 2022

Amazon has filed a legal challenge at the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India's (CCI) suspension of the US e-commerce giant's 2019 deal with Future Retail (FRL). Amazon has challenged the CCI order on at least five grounds, and the matter is likely to be listed this week, according to the sources. Parallelly, Amazon's Indian unit has approached the Supreme Court against a halt on an arbitration case against Future Retail's (FRL) asset sale to Reliance Industries (RIL).

Qatar interested in hosting 2032 Olympic Games

Qatar interested in hosting 2032 Olympic Games

Rediff.com27 Jul 2020

It has invested billions of dollars in preparing for the 2022 soccer World Cup. However, human rights groups have criticised the treatment of migrant workers.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

3 Things To Note About The Budget

3 Things To Note About The Budget

Rediff.com16 Feb 2022

Budget for 2022-2023 has returned to its agenda for protectionism in the name of creating a self-reliant India, points out A K Bhattacharya.

Why Indians Study Medicine In Ukraine

Why Indians Study Medicine In Ukraine

Rediff.com2 Mar 2022

'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'

How Regulators Can Stop Being Puppets

How Regulators Can Stop Being Puppets

Rediff.com14 Mar 2022

'All regulatory agencies must be made Constitutional bodies like the Election Commission, the Supreme Court, and the CAG.' 'That way they will become independent of the minister,' recommends T C A Srinivasa-Raghavan.

Sri Lanka, India ink deal to jointly redevelop strategic oil tank complex

Sri Lanka, India ink deal to jointly redevelop strategic oil tank complex

Rediff.com7 Jan 2022

Sri Lanka on Thursday signed an agreement with India to jointly redevelop the strategic World War II-era oil tank farm in the island nation's eastern port district of Trincomalee, in a new milestone in bilateral economic and energy partnership.

Xi's leadership challenged ahead of 2022 Party Congress

Xi's leadership challenged ahead of 2022 Party Congress

Rediff.com3 Nov 2021

An exclusive white paper by the Jamestown Foundation claims that the powerful figures arraigned against the President include former Vice-President Zeng Qinghong and current Vice-President Wang Qishan, The Hong Kong Post reported.

Does Modi have an Economic Road Map?

Does Modi have an Economic Road Map?

Rediff.com17 Sep 2021

Pragmatism and flexibility is a virtue. An untethered and short-term approach to policymaking is a flaw, argues Mihir S Sharma.

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Rediff.com14 Feb 2023

Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.

'Modi's Singapore visit to elevate ties to strategic partnership'

'Modi's Singapore visit to elevate ties to strategic partnership'

Rediff.com29 Oct 2015

The Singapore Minister applauded Prime Minister Modi's effort to make India the manufacturing hub of the world.

States keen on linking central grants with reforms

States keen on linking central grants with reforms

Rediff.com19 Jul 2019

The high-level panel also asked the government to work towards re-orienting subsidies in a targeted manner from the crop sector to the non-crop sector and redesign the electronic National Agriculture Market.

Will go for 'Made in India' even if it takes more time: IAF Chief

Will go for 'Made in India' even if it takes more time: IAF Chief

Rediff.com30 May 2022

Notably, the IAF recently signed a memorandum of understanding with the IIT-Madras to develop indigenous solutions to maintain various weapon systems.

More bad news for Amrapali's stalled projects

More bad news for Amrapali's stalled projects

Rediff.com16 Aug 2019

The expected time schedule for the completion of Amrapali projects is around four to five years considering volume of work as well as difficulties of the execution process.

Who Says Gujarat Is A BJP Bastion?

Who Says Gujarat Is A BJP Bastion?

Rediff.com4 Nov 2022

The Congress won 77 seats or 42% of seats in the 2017 polls. How then can Gujarat be called a BJP bastion, asks Sanjeev Nayyar.

Why the National Stock Exchange should not be listed

Why the National Stock Exchange should not be listed

Rediff.com28 Jul 2016

It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.

SC issues notice to Future group on Amazon's plea

SC issues notice to Future group on Amazon's plea

Rediff.com9 Feb 2022

The Supreme Court Wednesday sought a response from the Future group on Amazon's plea against the January 5 order of the Delhi high court staying the ongoing arbitration proceedings before an arbitral tribunal over Future Retail's Rs 24,500-crore merger deal with Reliance. A bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli issued notices to the Future group firms, Future Coupons Private Ltd (FCPL) and Future Retail Ltd (FRL) and said that it will hear the matter on February 23 "without any adjournment". The Delhi high court on January 5 had stayed the Amazon-Future arbitration which is going on before a three-member arbitral tribunal over the latter's Rs 24,500-crore deal with Reliance.

PM unveils Gati Shakti master plan for infrastructure

PM unveils Gati Shakti master plan for infrastructure

Rediff.com13 Oct 2021

Prime Minister Narendra Modi on Wednesday launched a Rs 100 lakh crore national master plan for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy. PM Gati Shakti targets to cut logistic costs, increase cargo handling capacity and reduce the turnaround time, Modi said at a function to launch the plan. The plan aims to lend more power and speed to projects by connecting all concerned departments on one platform, he said, adding the infrastructure schemes of various ministries and state governments will be designed and executed with a common vision.

India's economy could prove to be 'most resilient' in subregion over long term: UN

India's economy could prove to be 'most resilient' in subregion over long term: UN

Rediff.com29 Dec 2020

India's economy could prove to be the "most resilient" in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country's large market will continue to attract investments. The report titled 'Foreign Direct Investment Trends And Outlook In Asia And The Pacific 2020/2021', and compiled by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), stated that inward FDI flows to South and South-West Asia slightly decreased by 2 per cent in 2019, from $67 billion in 2018 to $66 billion in 2019. The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year.

Adani group to be India's 2nd-largest cement manufacturer

Adani group to be India's 2nd-largest cement manufacturer

Rediff.com16 May 2022

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.

Govt agrees to Air India employees' main demands

Govt agrees to Air India employees' main demands

Rediff.com25 Aug 2021

The central government has agreed in-principle to Air India employees' main demands. It fears an industrial dissension now could impede the process of privatisation. It has agreed to bear the cost of liquidation loss on account of transfer to the Employees' Provident Fund Organisation (EPFO) from company-owned trusts, inclusion of employees in the central government health scheme (CGHS), and encashment of leaves. The template of the Air India process will be followed for other public sector undertakings up for privatisation at a later date.

It's Raining Billions For Gujarat!

It's Raining Billions For Gujarat!

Rediff.com3 Nov 2022

Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.

ED uncovers Rs 1.43 cr with Jharkhand IAS officer, hubby in MGNREGA scam

ED uncovers Rs 1.43 cr with Jharkhand IAS officer, hubby in MGNREGA scam

Rediff.com8 May 2022

The 39-year-old was arrested by the Enforcement Directorate from Ranchi after the agency conducted multi-city raids against him, Singhal, her businessman husband Abhishek Jha and others, on May 6.

Why distributors prefer selling insurance products over MFs

Why distributors prefer selling insurance products over MFs

Rediff.com22 Oct 2019

Experts say the trend is worrying as it could take a toll on the pace of equity flows and also hinder the penetration drive of the Rs 24-trillion MF industry.

Biden plans to host a global Summit for Democracy in 1st yr of Presidency

Biden plans to host a global Summit for Democracy in 1st yr of Presidency

Rediff.com8 Nov 2020

India, being the world's largest democracy, is likely to play an important role in such a summit. Biden defeated incumbent President Donald Trump in the bitterly-fought presidential election that attracted a record number of Americans to cast their votes.

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Rediff.com5 Jan 2021

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.

'Dilly-dally so that the protests fizzle out'

'Dilly-dally so that the protests fizzle out'

Rediff.com1 Jan 2021

'However, this time it looks like that is not working.'

Farm Bills: Who are the actual gainers?

Farm Bills: Who are the actual gainers?

Rediff.com30 Sep 2020

While reforms may translate into new opportunities for firms like ITC, Adani Wilmar and Reliance Retail, farmers are unlikely to use it for fear of upsetting commission agents.

The Power of China's 'Princelings'

The Power of China's 'Princelings'

Rediff.com27 Jul 2021

Two elderly Chinese aerospace experts are hospitalised after a violent attack by a 'Princeling', states Jayadeva Ranade, the distinguished China expert and retired RA&W officer, highlighting the power the 'Princelings' ironically hold in the Communist People's Republic.