News for 'Services Sector Negotiations'

Sensex ends 80 points lower; bank, IT stocks drag

Sensex ends 80 points lower; bank, IT stocks drag

Rediff.com5 Sep 2019

Top laggards in the Sensex pack included HDFC, ICICI Bank, TCS, HCL Tech, Kotak Bank, Asian Paints, TechM and HUL, dropping up to 2.67 per cent.

Restarting your career in the pandemic? 5 TIPS

Restarting your career in the pandemic? 5 TIPS

Rediff.com10 May 2021

The first step? Get in touch with past employers and colleagues to see if there are any opportunities, advises Ravish Agrawal, founder and CEO, Able Jobs.

Iraq: Indian contracts' future in doubt

Iraq: Indian contracts' future in doubt

Rediff.com15 Apr 2003

Several Indo-Iraq contracts that were being negotiated for the last one year, particularly in the oil and railway sector, may now be put on hold after the fall of the President Saddam Hussein regime, diplomats said.

Force 'king of looters' out of Delhi: Rakesh Tikait

Force 'king of looters' out of Delhi: Rakesh Tikait

Rediff.com23 Feb 2021

The Bharatiya Kisan Union leader, who has held a series of 'kisan mahapanchayats' in Haryana this month, also warned that the government could find it difficult to stay in power if the new agri-marketing laws are not repealed.

Why Tata's buyout of Air India makes sense

Why Tata's buyout of Air India makes sense

Rediff.com10 Sep 2020

The industry is hoping the Tatas deepen their dive and offer two stable airlines -- a Vistara merged into Air India servicing the international routes, and an AirAsia India merged with Air India Express that competes with the low fare airlines in India and offers destinations within five hours, says Anjuli Bhargava.

Why Voda Idea's options for survival are narrowing

Why Voda Idea's options for survival are narrowing

Rediff.com14 Jul 2021

Vodafone Idea Ltd (VIL) CEO Ravinder Takkar did some plain speaking. In an analyst call after its quarterly results recently, Takkar said that the main stumbling block to raising fresh capital from investors is "pricing" - telecom tariffs, in other words. Nine months ago, the telecom company's board had cleared a proposal for raising Rs 25,000 crore from investors, after the promoters made it clear that they were not ready to pump in more money. But potential investors are concerned that without clarity on tariff hikes (there have been none for more than 18 months) they might just lose their money. The lack of visibility on raising tariffs has also impelled VIL to request the Department of Telecom (DoT) for a fresh reprieve by extending the two-year moratorium on paying its spectrum instalment of Rs 8,200 crore for another year till FY23.

As FM, Jaitley will be remembered for fiscal rectitude

As FM, Jaitley will be remembered for fiscal rectitude

Rediff.com25 Aug 2019

For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came down to 3.4 per cent by 2018-19, with two slippages from the budgeted targets, in 2017-18 and 2018-19, the former due to introduction of the GST, says Arup Roychoudhury.

India, EU start talks on FTA

India, EU start talks on FTA

Rediff.com29 Jun 2007

The talks are being held in Brussels between high-level delegations from India and EU, led by Commerce Secretary G K Pillai and Director General of European Commission Davis O'Sullivan.

After US deal, India to push for Doha agenda at WTO in 2015

After US deal, India to push for Doha agenda at WTO in 2015

Rediff.com18 Dec 2014

The differences between the rich and developing nations have always been at the core of the World Trade Organisation, set up in 1995 to facilitate greater trade flows across the world, and it came as a major breakthrough when the US and India reached a deal over food security issues in 2014.

Why are banks afraid of trade unions?

Why are banks afraid of trade unions?

Rediff.com1 Jan 2020

Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.

What is RBI's February 12 circular all about?

What is RBI's February 12 circular all about?

Rediff.com12 Feb 2019

The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.

Budget: Govt hikes farm credit target to Rs 15 lakh cr

Budget: Govt hikes farm credit target to Rs 15 lakh cr

Rediff.com2 Feb 2020

The government also proposed promoting 'one product one district' for better marketing and export of horticulture crops. It also called on states for early implementation of three key central model laws on land leasing, agriculture produce and livestock marketing and contract farming.

Developments in J-K internal matters of India: US

Developments in J-K internal matters of India: US

Rediff.com20 Aug 2019

The talks between Singh and Esper came a day after Prime Minister Narendra Modi held a telephonic conversation with US President Donald Trump.

Lehman@10: How the crisis unfolded

Lehman@10: How the crisis unfolded

Rediff.com19 Sep 2018

The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.

China: India must hold the line in the north

China: India must hold the line in the north

Rediff.com8 Sep 2020

'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'

Ladakh Standoff: Return To Status Quo Unlikely, But...

Ladakh Standoff: Return To Status Quo Unlikely, But...

Rediff.com17 Jan 2022

Through the past 18-month period, peace has prevailed in the disputed border regions, which was immensely helpful in the difficult situation that the country was passing through, observes Ambassador M K Bhadrakumar.

Top bureaucrat takes a jibe at RBI

Top bureaucrat takes a jibe at RBI

Rediff.com3 Nov 2018

Economic Affairs Secretary Subhash Garg is the finance ministry's primary liaison with the RBI.

Switzerland backs India's NSG bid; to help tackle blackmoney

Switzerland backs India's NSG bid; to help tackle blackmoney

Rediff.com6 Jun 2016

India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.

'Time not yet ripe for India-US trade pact'

'Time not yet ripe for India-US trade pact'

Rediff.com20 Jan 2015

India may not be prepared to meet US demands, say experts

India proposed Reliance Defence as partner in Rafale: Ex-French Prez

India proposed Reliance Defence as partner in Rafale: Ex-French Prez

Rediff.com21 Sep 2018

Defence Ministry says the report is being verified, maintaining that neither Indian nor French government had any say in the decision.

Lessons from the Farmer's Protest

Lessons from the Farmer's Protest

Rediff.com18 Jan 2021

'This confrontation could have been avoided by a less arrogant administration that initially listened, used whatever negotiating skills they had and tried to be more credible,' observes Ramesh Menon.

IBC effect: Promoters are lining up to pay their dues

IBC effect: Promoters are lining up to pay their dues

Rediff.com11 Jul 2018

Bankers say there is palpable fear among erring promoters that the banking system just cannot be taken for granted, and any delay in loan repayment could mean promoters losing business

EU seeks Modi intervention to resume FTA talks

EU seeks Modi intervention to resume FTA talks

Rediff.com8 Mar 2015

Says it is ready to show flexibility on all major issues

India wants certainty, transparency in US visa regime: Nirmala Sitharaman

India wants certainty, transparency in US visa regime: Nirmala Sitharaman

Rediff.com21 Feb 2017

The proposed overhaul of popular H-1B visa regime may result in higher operational costs and shortage of skilled workers for the $110-billion Indian outsourcing industry.

Boeing to build Super Hornets in India

Boeing to build Super Hornets in India

Rediff.com17 Nov 2017

Along with HAL, Boeing intends to involve the Mahindra Group in building Super Hornets in India.

EU lauds India's demonetisation move; says it will help financial system

EU lauds India's demonetisation move; says it will help financial system

Rediff.com13 Nov 2016

Calling India one of the most attractive investment destinations globally, vice president of European Commission Jyrki Katainen also complimented the government for its resolve to roll out the GST.

'You cannot trust the Chinese!'

'You cannot trust the Chinese!'

Rediff.com22 Jun 2020

'We should have seen these signals and reacted earlier.' 'We miss out on a certain strategic advantage by arriving late on the scene.'

The telecom mess has just got messier

The telecom mess has just got messier

Rediff.com4 Dec 2019

'Tinkering will not do. Merely staggering spectrum dues comes nowhere near solving the problem,' cautions Rahul Khullar.

India biggest buyer of Covid vaccine with 1.6 bn doses

India biggest buyer of Covid vaccine with 1.6 bn doses

Rediff.com4 Dec 2020

India has purchased 500 million doses of the Oxford University-AstraZeneca vaccine candidate, one billion from the United States company Novavax and 100 million doses of the Sputnik V candidate from Russia's Gamaleya Research Institute, according to the US-based Duke University Global Health Innovation Center.

Don't fall prey to lies: Tomar in letter to farmers

Don't fall prey to lies: Tomar in letter to farmers

Rediff.com17 Dec 2020

The minister, in an eight-page open letter to farmers, said the Modi-government was committed to their welfare and stressed that the new legislations were aimed at benefitting small and marginal farmers.

Prabhu's new trade policy mum on achieving exports target

Prabhu's new trade policy mum on achieving exports target

Rediff.com6 Dec 2017

Foreign Trade Policy: More incentives for exports, focus on ease of trading

Unwelcome in India. Modi's message to foreign investors!

Unwelcome in India. Modi's message to foreign investors!

Rediff.com19 Sep 2016

One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.

FULL TEXT: President's address to nation on I Day eve

FULL TEXT: President's address to nation on I Day eve

Rediff.com14 Aug 2021

President Ram Nath Kovind addressed the nation on the eve of India's 75th Independence Day. Here's the text of what he said:

India, Australia to sign economic pact by year-end

India, Australia to sign economic pact by year-end

Rediff.com13 Jan 2015

During his visit to India last year, Australian Prime Minister Tony Abbott had expressed concern over lack of growth in bilateral trade.

Sensex ends 152 points lower, Nifty below 9,600

Sensex ends 152 points lower, Nifty below 9,600

Rediff.com23 Jun 2017

There were more than three losers against every gainer on BSE

Decoding Rafale deal: From charges to counter-charges

Decoding Rafale deal: From charges to counter-charges

Rediff.com30 Aug 2018

Here is an explainer and a timeline relating to India's purchase of 36 combat jets.

'Henceforth, no Indian should fear the taxman'

'Henceforth, no Indian should fear the taxman'

Rediff.com31 Dec 2019

'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.

Now, a real estate start-up for expat rentals

Now, a real estate start-up for expat rentals

Rediff.com13 Apr 2015

The home rental market is facing a slowdown.

Despite sanctions, US may allow India to continue buying Iran oil

Despite sanctions, US may allow India to continue buying Iran oil

Rediff.com2 Nov 2018

Secretary of State Mike Pompeo said that countries like India, if it gets the exemption, would be asked to bring down their oil imports from Iran to zero in six months' time.

The economy is in crisis

The economy is in crisis

Rediff.com16 Apr 2020

'We may have moved back three decades on the fiscal situation,' notes T N Ninan.