News for 'State for Business and Trade'

Trump ends preferential trade privileges for India

Trump ends preferential trade privileges for India

Rediff.com1 Jun 2019

Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.

Tax on crypto trade will not bestow legality on it, says CBDT chief

Tax on crypto trade will not bestow legality on it, says CBDT chief

Rediff.com2 Feb 2022

The Budget announcement of taxing 'virtual digital assets' or crypto currencies will help the income-tax department measure the "depth" of this trade in the country, know the investors and the nature of their investments and it does not "attach any legality" to these transactions, Central Board of Direct Taxes chairman J B Mohapatra said.

Congress' Cricket Promise In MP

Congress' Cricket Promise In MP

Rediff.com15 Nov 2023

'The concept of an MP IPL team is the brainchild of Kamal Nath.' 'If the Congress government comes to power in the state, he will assemble an IPL team for MP with the assistance of his business contacts.'

'Bollywood Won't Revive!'

'Bollywood Won't Revive!'

Rediff.com18 Jul 2024

'People have got into the habit of sitting at home (and watching films).' 'They don't want to watch movies in theatres because they do not want to waste as much as Rs 1,000 on tickets.' 'They feel there is no point in watching a film on the big screen because it will anyway come on OTT in a month's time.'

How states can avail extra borrowing from the markets

How states can avail extra borrowing from the markets

Rediff.com20 May 2020

These conditions are implementation of the 'One Nation, One Ration Card' scheme, ease of doing business, power sector reforms, and urban local body reforms.

Budget outlines 372-point plan to improve ease of doing business ranking

Budget outlines 372-point plan to improve ease of doing business ranking

Rediff.com1 Feb 2018

In the latest Doing Business report of the World Bank, India's position jumped 30 places to rank 100th among 190 nations.

Looking For Long-Term Investment?

Looking For Long-Term Investment?

Rediff.com19 Apr 2024

This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.

How Shajahan Sheikh became 'tiger' of Sandeshkhali

How Shajahan Sheikh became 'tiger' of Sandeshkhali

Rediff.com1 Mar 2024

The meteoric rise of Shajahan Sheikh from a modest background of a helper in a local transport company to becoming the so-called 'tiger' of Sandeshkhali is what Bollywood film scripts are made of. And so does his fall.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

Georgia eyes more business from India

Georgia eyes more business from India

Rediff.com12 May 2010

Georgian Governor Sonny Perdue has said that his state shares a dynamic relationship with India, particularly strong in the field of trade.

Trump, India Inc discuss ease of doing business -- in US

Trump, India Inc discuss ease of doing business -- in US

Rediff.com25 Feb 2020

US President Donald Trump on Tuesday wooed Indian industry leaders to invest more in America, promising to reduce more regulations in his country as he looked for overseas investment to boost the economy there. Speaking at a high-profile CEO round-table which included captains of the Indian industry such as Reliance Industries chairman Mukesh Ambani, Mahindra group chairman Anand Mahindra, Tata Sons chairman N Chandrasekaran and Aditya Birla group chairman Kumar Mangalam Birla, Trump reassured that regulations "will only get better" for investment in the US.

Big leap for India in ease of doing business; rank improves to 77

Big leap for India in ease of doing business; rank improves to 77

Rediff.com31 Oct 2018

India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.

Working on target to become $5-10 trillion economy: Modi

Working on target to become $5-10 trillion economy: Modi

Rediff.com17 Dec 2023

The government has also set targets for the next 25 years. We are working on the target of becoming a $5-10 trillion economy as well as taking exports to a record high, he said.

How global businesses reacted to Brexit

How global businesses reacted to Brexit

Rediff.com24 Jun 2016

Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.

'Markets started building on NDA's win since Dec'

'Markets started building on NDA's win since Dec'

Rediff.com5 Apr 2024

'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'

Red hot chillies spice up poll battle in Guntur

Red hot chillies spice up poll battle in Guntur

Rediff.com13 May 2024

'It is a fiercely fought battle, like our fiery chillies in Guntur.'

What is Elon Musk doing in Beijing?

What is Elon Musk doing in Beijing?

Rediff.com28 Apr 2024

On a surprise visit to Beijing amid speculation that he may unveil Tesla's autonomous driving technology in the burgeoning electric vehicle (EV) market in China, billionaire Elon Musk on Sunday met Chinese Premier Li Qiang and discussed future expansion plans for his automobile.

India-US Business Summit: What Obama, Modi said

India-US Business Summit: What Obama, Modi said

Rediff.com26 Jan 2015

The leaders said trade ties were still fragile

Who is benefitting from India's Free Trade Agreements?

Who is benefitting from India's Free Trade Agreements?

Rediff.com30 Sep 2019

Among the current FTAs with significant trade deficits for India, five are with countries from the 10-nation Asean bloc. Exports to the 10 economies stood at $ 37.4 billion in 2018-19, up by 9% year on year. On the other hand, imports were higher at $ 59.31 billion, up by 25% from the previous year's $ 47.13 billion.

What Will Israel Do Next?

What Will Israel Do Next?

Rediff.com25 Sep 2024

In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.

After 6 days and a haul of over Rs 350 cr, I-T raids in Odisha end

After 6 days and a haul of over Rs 350 cr, I-T raids in Odisha end

Rediff.com12 Dec 2023

As the raids were completed, the I-T team took two managers of the distillery located at Sutapada to an unknown location for interrogation, they said.

How India is betting big on global outsourced chip play

How India is betting big on global outsourced chip play

Rediff.com9 Mar 2024

India is all set to make its presence felt in the $47 billion global outsourced semiconductor testing and packaging market, an arena where Malaysia and Vietnam have been way ahead so far. The Cabinet last Thursday cleared two projects, the Tata's assembly testing and packaging plant (ATMP) and the Murugappa-owned CG Power with Renesas from Japan as its tech partner. These, together with Micron's assembly and testing plant which is already being constructed in Sanad in Gujarat, will collectively invest Rs 47,300 crore to set up the factories.

Action Packed Time For Two-Wheelers!

Action Packed Time For Two-Wheelers!

Rediff.com19 Aug 2024

The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...

India, US in talks for a 'fantastic' trade deal: Trump

India, US in talks for a 'fantastic' trade deal: Trump

Rediff.com24 Feb 2020

Addressing the 'Namaste Trump' event at the Motera Stadium in Ahmedabad, Trump said that both the countries are in the early stages of discussion for an 'incredible' trade agreement to reduce barriers of investments.

How did investors miss Byju's numerous red flags?

How did investors miss Byju's numerous red flags?

Rediff.com18 Mar 2024

Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.

India 'hitting us very hard' on trade, will talk to Modi: Trump

India 'hitting us very hard' on trade, will talk to Modi: Trump

Rediff.com21 Feb 2020

"I'm going to India next week and we're talking trade. They've been hitting us very hard for many, many years," Trump said at a 'Keep America Great' rally in Colorado on Thursday. Trump told thousands of his supporters that he "really likes" Prime Minister Modi and they would be talking business.

'2020 is a washout for movie business'

'2020 is a washout for movie business'

Rediff.com27 Mar 2020

'There will be two to three months of containment, and when there is normalcy, the risk is a relapse and a return to lockdowns.'

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

Israel has right for self-defence, but...: Putin on Hamas attack

Israel has right for self-defence, but...: Putin on Hamas attack

Rediff.com14 Oct 2023

Russia proceeds "from the postulate, a negotiated solution to the Palestinian-Israeli conflict has no alternatives," said Putin while speaking at the Commonwealth of Independent States summit in Bishkek, Kyrgystan on Friday.

Our unhealthy obsession: Ease of Doing Business

Our unhealthy obsession: Ease of Doing Business

Rediff.com19 Dec 2016

India stands at an embarrassingly low 130 among 190 countries in the World Bank's Ease of Doing Business rankings. But in our worry over it are we forgetting the big picture -- to make India an attractive investment destination -- wonders Avirup Bose.

No dispute with neighbours, but shared future with BRI, says China

No dispute with neighbours, but shared future with BRI, says China

Rediff.com4 Mar 2024

Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.

'Shocking That PM Gave Investing Advice'

'Shocking That PM Gave Investing Advice'

Rediff.com7 Jun 2024

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'

Suspension of trade relations will hurt Pakistan more than India

Suspension of trade relations will hurt Pakistan more than India

Rediff.com7 Aug 2019

India's export basket for Pakistan has a limited portfolio as Pakistan has not given 'most favoured nation' status to New Delhi and such goods have ready market in South Asia and the Middle East.

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Rediff.com8 Jan 2024

Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.

'Trudeau painted Modi in a corner'

'Trudeau painted Modi in a corner'

Rediff.com23 Oct 2023

'By making it so public in the House of Commons, you know the reaction in India... Mr Modi is not very happy about it; you're kicking out Canadian diplomats; you suspended visa services for Canadians...'

Relief to small businesses: GST exemption limit doubled to Rs 40 lakh

Relief to small businesses: GST exemption limit doubled to Rs 40 lakh

Rediff.com10 Jan 2019

Jaitley said the GST Composition Scheme, under which small traders and businesses pay a 1 per cent tax based on turnover, can be availed by businesses with a turnover of Rs 1.5 crore, against the earlier Rs 1 crore, with effect from April 1.

India's diamond trade financing terror?

India's diamond trade financing terror?

Rediff.com17 Mar 2015

Trading of diamonds especially with a gulf country has come under the lens of intelligence agencies here for suspected terror financing and money laundering.

Sebi's new rules for executing trades may open Pandora's box for MFs

Sebi's new rules for executing trades may open Pandora's box for MFs

Rediff.com23 Dec 2020

Fund managers may end up losing out on crucial information during market hours, leading to information asymmetry vis-a-vis other institutional investors such as alternative investment funds, insurance players, or foreign portfolio investors.

Central trade unions may approach ILO against labour law changes

Central trade unions may approach ILO against labour law changes

Rediff.com11 May 2020

In a joint statement issued on Monday, the central trade unions also threatened to give a call for nationwide agitation to protest against such moves by state governments. "The CTUs consider these moves as....gross violation of the Right to Freedom of Association (ILO Convention 87), Rights to Collective Bargaining (ILO Convention 98) and also the internationally accepted norm of eight hour working day espoused by Core Conventions of ILO)," the statement said.