News for 'New Business Administration'

'Medicines are just one part of the solution'

'Medicines are just one part of the solution'

Rediff.com21 May 2025

'We are looking at what kind of products, diagnostics or other solutions we can offer to become a well-rounded player in a particular disease area globally.'

Single Tax-Return Rule May Return!

Single Tax-Return Rule May Return!

Rediff.com24 Mar 2025

'Bringing it back will help prevent reassessments of the income already disclosed.'

Rain fury wreaks havoc in Northeast; lakhs hit, toll at 36

Rain fury wreaks havoc in Northeast; lakhs hit, toll at 36

Rediff.com3 Jun 2025

So far, over 30 people have died across Northeastern states due to heavy rainfalls, floods and landslides, according to media reports.

'Neither India Or Pakistan Desire Full-Scale War'

'Neither India Or Pakistan Desire Full-Scale War'

Rediff.com10 May 2025

'I am worried that Pakistan will still feel compelled to take substantive military action beyond this apparent drone activity.' 'If so, the crisis could persist for a while more and dangerous days are still ahead.'

India Pauses WTO Move in US Trade Talks

India Pauses WTO Move in US Trade Talks

Rediff.com14 Apr 2025

This is the first case involving India and the US at the WTO after both sides decided to withdraw all seven pending cases at the WTO during the Biden administration.

Meet India's first private reinsurer

Meet India's first private reinsurer

Rediff.com15 Mar 2025

In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.

Will US Host India-Pakistan Talks In Washington?

Will US Host India-Pakistan Talks In Washington?

Rediff.com15 May 2025

Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.

What Trump Tariffs Can India Expect On April 2?

What Trump Tariffs Can India Expect On April 2?

Rediff.com26 Mar 2025

'As negotiations continue, the path forward demands not only diplomatic skill, but also vigilance against legal asymmetries embedded in America's trade playbook.'

'Trump's Hopes For India's Tariff Cuts Too Ambitious'

'Trump's Hopes For India's Tariff Cuts Too Ambitious'

Rediff.com2 Apr 2025

'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'

India draws up blueprint to reduce US trade surplus

India draws up blueprint to reduce US trade surplus

Rediff.com28 Apr 2025

India's major imports from the US include crude oil and petroleum products, gold and jewellery, plastics, aircraft, and electrical machinery and components. The key exports to the US comprise pharmaceuticals and biologicals, telecom equipment, precious and semi-precious stones, petroleum products, gold and precious metal jewellery, and ready-made garments.

Beyond US, Canada, UK: Indian Students Now Prefer...

Beyond US, Canada, UK: Indian Students Now Prefer...

Rediff.com23 May 2025

Rediff reports on the reasons behind this dramatic shift.

Trump's tariff measures will help Indian cos expand in US mkt

Trump's tariff measures will help Indian cos expand in US mkt

Rediff.com14 Apr 2025

Consumer durable companies in India have begun early-stage talks with US importers at a time when the tariffs levied on Indian products are lower than those on competitors such as China. While the discussions started some time ago, many believe that the Donald Trump administration's tariff measures will help Indian companies expand their presence in the US market.

The side effects are real, but Sun Pharma stays on its feet

The side effects are real, but Sun Pharma stays on its feet

Rediff.com21 Apr 2025

After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.

Trump Has Become A Reset Button

Trump Has Become A Reset Button

Rediff.com11 Apr 2025

Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.

How Adani Countered Hindenburg And Made The Boldest Comeback

How Adani Countered Hindenburg And Made The Boldest Comeback

Rediff.com22 Apr 2025

Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed 'Operation Zeppelin,' named after the German dirigible airships used for reconnaissance and bombing during the First World War.

Flexible office space growth set to trigger IPO wave

Flexible office space growth set to trigger IPO wave

Rediff.com9 Apr 2025

India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.

Sensex surges 740 points, closes above 73K

Sensex surges 740 points, closes above 73K

Rediff.com5 Mar 2025

From the Sensex pack, Adani Ports, Tata Steel, Power Grid, Mahindra & Mahindra, NTPC, Tech Mahindra, Tata Motors, ITC, Nestle India, HCL Technologies, Bharti Airtel, State Bank of India, Asian Paints and Kotak Mahindra Bank were the gainers. Bajaj Finance, IndusInd Bank, HDFC Bank, and Zomato were the laggards.

'India Is Where The Action Is'

'India Is Where The Action Is'

Rediff.com20 May 2025

'Pakistan is no longer a front-burner issue for America.'

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Rediff.com2 Apr 2025

Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months - up around 13 per cent from the current levels - given the global uncertainties and aided by investment demand, said analysts at BofA Securities in a recent note. Uncertainty around Trump Administration trade policies, BofA said, could continue to push the US dollar (USD) lower, further supporting gold prices near-term.

US tariff on Indian shrimp may go up from 8pc to 45 pc

US tariff on Indian shrimp may go up from 8pc to 45 pc

Rediff.com7 Apr 2025

Seafood is one of India's largest agricultural exports after basmati rice and buffalo meat.

US Vice Prez Vance, NSA Waltz to visit India on April 21 amid tariff war

US Vice Prez Vance, NSA Waltz to visit India on April 21 amid tariff war

Rediff.com12 Apr 2025

US Vice President J D Vance and National Security Adviser Michael Waltz are scheduled to visit India on April 21, reflecting Washington's focus on strengthening its relationship with India amidst global concerns over President Donald Trump's tariff policy. Vance's visit is likely to be more of a private trip, while Waltz's visit will be a business trip with discussions on security in the Indo-Pacific region, high technology, critical minerals, and export controls. Both are expected to meet Prime Minister Narendra Modi before his trip to Saudi Arabia. The visits come in the wake of Trump's recent pause on tariffs on all countries except China, following widespread economic concerns.

USTR flags hurdles in medical device exports to India

USTR flags hurdles in medical device exports to India

Rediff.com2 Apr 2025

The USTR report, released just ahead of the US' April 2 deadline for implementing reciprocal tariffs, has also cited high tariffs and price caps, which have not increased in line with inflation, as key obstacles for US businesses.

India eyes trade pact push as US pauses reciprocal tariffs for 3 months

India eyes trade pact push as US pauses reciprocal tariffs for 3 months

Rediff.com11 Apr 2025

With US President Donald Trump "temporarily suspending" country-specific reciprocal tariffs until July 9, India sees the three-month window as an opportunity to renew its push for a proposed bilateral trade agreement (BTA) with the US and expedite finalisation of the first tranche of the trade deal.

India Strikes At Pakistan Airbases

India Strikes At Pakistan Airbases

Rediff.com10 May 2025

Pakistan military spokesperson Lieutenant General Ahmad Sharif Chaudhry told a hurriedly called press conference in Islamabad at around 4 am that th Pakistan air force's Nur Khan (Chaklala, Rawalpindi), Murid (Chakwal) and Rafiqui (Shorkot in Jhang district) airbases were targeted.

Bharat Ratna for Ratan Tata: Maharashtra cabinet passes resolution

Bharat Ratna for Ratan Tata: Maharashtra cabinet passes resolution

Rediff.com10 Oct 2024

Maharashtra cabinet on Thursday passed a resolution urging the central government to confer 'Bharat Ratna', the country's highest civilian award, on legendary industrialist late Ratan Tata.

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

Modi Eyes Trade Revival Talks With Trump

Modi Eyes Trade Revival Talks With Trump

Rediff.com13 Feb 2025

Ahead of the visit, officials from key government departments held intense discussions to identify key trade-related proposals.

Golden Opportunity For Modi To Reverse Brain Drain

Golden Opportunity For Modi To Reverse Brain Drain

Rediff.com17 Apr 2025

President Trump with his MAWA has unwittingly provided us this opportunity. Will PM Modi grasp this and leave a legacy of an ushered in scientific and technological revolution in India, asks Colonel Anil A Athale (retd).

Violence erupts in Bengal during protest against Waqf Act

Violence erupts in Bengal during protest against Waqf Act

Rediff.com9 Apr 2025

Protesters in West Bengal's Murshidabad district set fire to police vehicles and hurled stones during a demonstration against the Waqf (Amendment) Act. The incident occurred on Tuesday afternoon in the Jangipur area, where a large crowd had gathered demanding the withdrawal of the legislation. Police responded with lathi charges and tear gas to control the situation. Several people were detained and police personnel were injured in the stone-pelting. The West Bengal Police has said the situation is under control and strict action will be taken against those who resorted to violence.

Trump's Tariff Tsunami: Will India Sink or Reform?

Trump's Tariff Tsunami: Will India Sink or Reform?

Rediff.com21 Apr 2025

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.

'Tech support' Musk says he is fixing US 'govt computer systems'

'Tech support' Musk says he is fixing US 'govt computer systems'

Rediff.com27 Feb 2025

"Anybody unhappy with Elon? If you are, then we'll throw them out of here," Trump said

Modi To Discuss Deportation With Trump

Modi To Discuss Deportation With Trump

Rediff.com6 Feb 2025

Modi will try to impress upon the Trump administration the importance of appreciating its sensitivities and political implications on the issue of deporting undocumented Indians in military aircraft.

'Trump Respects India's Friendship'

'Trump Respects India's Friendship'

Rediff.com7 Mar 2025

'The cooperation in technology is one of the most important aspects of the visit.' 'It will have a long-lasting impact because it will shift the entire paradigm in the context of artificial intelligence and emerging technologies.'

Why Sensex, Nifty Are Falling Today

Why Sensex, Nifty Are Falling Today

Rediff.com1 Apr 2025

'The market's nervousness ahead of anticipated US tariffs has led to a significant downturn in Indian equities.'

Not All Need Subsidies: Finance Secy

Not All Need Subsidies: Finance Secy

Rediff.com31 Mar 2025

'If in our cities, all urban bus transport services are free, then the taxpayers are paying for it, or if electricity were to be made free, that's a huge cost to the rest of the people'

Coming Soon! New Internship Scheme

Coming Soon! New Internship Scheme

Rediff.com12 Feb 2025

'We are getting to understand the mind of this generation.' 'Minor tweaks are being made to ease the process as we go along.'

Tesla Enters India, Hits Speed Bumps Elsewhere

Tesla Enters India, Hits Speed Bumps Elsewhere

Rediff.com7 Mar 2025

While Elon Musk's political influence continues to grow, his business empire is witnessing headwinds.

No Digital Data Protection Act Change Likely

No Digital Data Protection Act Change Likely

Rediff.com7 Apr 2025

The "construct of the DPDP Act" cannot be changed at this stage, though there may be some minor tweaks in the language of the Rules and formats in certain legitimate cases.

Will Sunita, Wilmore get overtime for staying longer in space?

Will Sunita, Wilmore get overtime for staying longer in space?

Rediff.com20 Mar 2025

Astronauts Sunita Williams and Butch Wilmore, who returned to Earth after spending 286 days in space, will not receive any overtime for their extended stay, despite their spacecraft malfunctioning. NASA rules state astronauts are treated like "any other government employee who takes a business trip." They do receive a $5 per day allowance for "incidentals", which are typically fees and tips for services like porters and hotel staff.

USTR Report Intensifies Trade Tensions With India

USTR Report Intensifies Trade Tensions With India

Rediff.com2 Apr 2025

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.