News for 'State for Business and Trade'

Amid border issue, China shouldn't expect...: Jaishankar

Amid border issue, China shouldn't expect...: Jaishankar

Rediff.com14 Jan 2024

You don't want to fight and do trade at the same time. Meanwhile, diplomacy is going on and sometimes solutions to difficult situations do not come in haste, Jaishankar asserted.

New Data Bill may hit tech businesses hard

New Data Bill may hit tech businesses hard

Rediff.com19 Dec 2019

'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'

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.

'Middle Class Won't Be Affected By Indexation'

'Middle Class Won't Be Affected By Indexation'

Rediff.com26 Jul 2024

'For me, if I want to buy a house to stay, I don't care about indexation because I don't want to sell that house.' 'The only thing that matters to me as a buyer is that the home price should be within my reach.' 'Any market, when speculators and investors go out, it will benefit the middle class.'

Send us your tourists, Prez Muizzu urges China amid row with India

Send us your tourists, Prez Muizzu urges China amid row with India

Rediff.com10 Jan 2024

He urged China to bolster the flow of its tourists to the Maldives.

'US-India relationship is not only about trade'

'US-India relationship is not only about trade'

Rediff.com17 Oct 2017

'They are geopolitical, commercial, educational, cultural and about innovation.' 'Also, they are about a common value system.'

Will TDP, JD-U Toe BJP Line On Hindutva?

Will TDP, JD-U Toe BJP Line On Hindutva?

Rediff.com5 Jun 2024

The TDP and JD-U will have a lot to answer inside Parliament, day after day, session after session, notes N Sathiya Moorthy.

'A lot has been done between India and the US in the last two years than it was done before'

'A lot has been done between India and the US in the last two years than it was done before'

Rediff.com23 Jun 2023

'With Trump, the relationship was very transactional, whereas with President Biden it is very structured.'

India-Turkey to boost trade ties

India-Turkey to boost trade ties

Rediff.com4 Feb 2011

India and Turkey have agreed to take trade beyond $5 billion target

Will Ombudsman Fix Air Travel Hassles?

Will Ombudsman Fix Air Travel Hassles?

Rediff.com26 Mar 2024

'The ministry may like to consider setting up an ombudsman similar to electricity ombudsman and insurance ombudsman, to ensure a time-bound resolution of consumer issues within the airline sector.'

Indo-Pak trade talks to be hit again

Indo-Pak trade talks to be hit again

Rediff.com8 Aug 2013

The MFN (Most Favoured Nation, meaning non-discriminatory treatment for each other) issue is of prime importance to India, as it wants to have greater access in the Pakistani markets.

Coming Soon! The Bullet Train!

Coming Soon! The Bullet Train!

Rediff.com5 Mar 2024

With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.

Rajasthan to witness 50k weddings on polling day

Rajasthan to witness 50k weddings on polling day

Rediff.com9 Oct 2023

Dev Uthani Ekadashi will be observed on November 23, when voting for the 200-member Rajasthan assembly will also be held.

How To Stop Kids From Eating Junk Food

How To Stop Kids From Eating Junk Food

Rediff.com27 Jun 2024

Ensure that the meals provided in their tiffins and snack breaks are colourful, says Dr Imran Patel.

Higher discounts likely to prompt India to buy more crude oil from UAE

Higher discounts likely to prompt India to buy more crude oil from UAE

Rediff.com27 Jul 2023

Higher discounts on crude oil offered by the United Arab Emirates (UAE) to wean India away from Russian crude may soon see Indian refiners ramping up purchases from the Gulf nation, officials at multiple refiners said. They also pointed to the recent agreement on trade settlement in national currencies signed between India and the UAE as a reason for this. "While discussions are underway, the UAE has offered discounts on crude, which will be more than that of the current level of Russian discounts.

Ease of Doing Business: How REAL is India's ranking?

Ease of Doing Business: How REAL is India's ranking?

Rediff.com9 Nov 2018

For the second year in a row, India has been recognised as the fifth-best performing nation in reforming the business environment. However, in the two categories that the government was banking on most - "Paying Taxes" and "Resolving Insolvency" - landmark reforms that were expected to yield better results have had the opposite effect. Under the circumstances should the country celebrate already or are there any reasons for worry, wonders Subhayan Chakraborty.

NCDEX, Skymet takes initial steps towards tradeable weather index

NCDEX, Skymet takes initial steps towards tradeable weather index

Rediff.com22 Aug 2023

India's leading commodity exchange, National Commodity and Derivatives Exchange (NCDEX), and private weather forecasting company Skymet took a significant step towards launching the country's first tradeable weather index on Monday (August 14) by entering into an agreement to deepen their understanding of the impact that weather has on agricultural commodities. The memorandum of understanding (MoU) between NCDEX and Skymet is a profound step in the direction of linking farmers with the weather in a scientific way, according to an official statement. Sources indicate that NCDEX and Skymet will conduct workshops and seminars across the country to educate farmers about how they can scientifically use weather forecasts to hedge risks.

Japan-Philippines Send Strong Message To China

Japan-Philippines Send Strong Message To China

Rediff.com23 Jul 2024

The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.

Modi first foreign head to get Bhutan's highest civilian honour

Modi first foreign head to get Bhutan's highest civilian honour

Rediff.com22 Mar 2024

Prime Minister Narendra Modi on Friday received Bhutan's highest civilian award, the 'Order of the Druk Gyalpo', making him the first foreign Head of the Government to receive the honour.

New players enter power trading

New players enter power trading

Rediff.com6 Oct 2003

India looks at Commonwealth boost for small businesses

India looks at Commonwealth boost for small businesses

Rediff.com14 Mar 2017

For many years now, India has given the Commonwealth short shrift so its support for the Commonwealth trade initiative signals a renewed interest in the body.

Himachal's Independent MLA, Cong rebel's father booked for poll offences

Himachal's Independent MLA, Cong rebel's father booked for poll offences

Rediff.com10 Mar 2024

A case of criminal conspiracy, corruption practices and undue influence on election has been registered on the complaint of two Congress MLAs, police said on Sunday.

If they're charging us...: Trump rakes up India tax issue

If they're charging us...: Trump rakes up India tax issue

Rediff.com21 Aug 2023

During his first term as the US president, Trump described India as a "tariff king" and in May 2019, terminated India's preferential market access.

Centre to revise SEZ Act, limiting tax sops and enhancing integration

Centre to revise SEZ Act, limiting tax sops and enhancing integration

Rediff.com16 Nov 2023

The Centre is unlikely to offer new direct tax incentives for units operating in special economic zones (SEZs) and may instead allow the grandfathering of previous exemptions that such units were entitled to, according to proposed amendments to the SEZ Act, 2005, people aware of the matter said. The amendments, proposed by the commerce department, will soon be considered by the Cabinet for approval. This represents a departure from the department's earlier plan to introduce these changes through the Development Enterprises and Services Hubs (DESH) Bill, 2023, which faced strong criticism from the ministry of finance.

'Country comes first, trade with Pakistan comes second'

'Country comes first, trade with Pakistan comes second'

Rediff.com27 Sep 2016

'Trade cannot take place when there is no trust.'

Coronavirus may pull down India's trade by Rs 25 bn: UN report

Coronavirus may pull down India's trade by Rs 25 bn: UN report

Rediff.com5 Mar 2020

The trade impact of the coronavirus epidemic for India is estimated to be about 348 million dollars (approximately Rs 25 billion) and the country figures among the top 15 economies most affected as slowdown of manufacturing in China disrupts world trade, according to a UN report. Estimates published by United Nations Conference on Trade and Development on Wednesday said that the slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak is disrupting world trade and could result in a 50 billion dollar decrease in exports across global value chains.

US trade bodies file lawsuit against Trump's visa rule

US trade bodies file lawsuit against Trump's visa rule

Rediff.com23 Jul 2020

The lawsuit seeks to overturn these sweeping and unlawful immigration restrictions that are an unequivocal not welcome sign to the engineers, executives, IT experts, doctors, nurses, and other critical workers who help drive the American economy.

'Market is headed for an eventful 2024'

'Market is headed for an eventful 2024'

Rediff.com29 Jan 2024

'Higher valuation remains the only spoiler for equities.'

DON'T leave unutilised funds in your trading account!t

DON'T leave unutilised funds in your trading account!t

Rediff.com17 Dec 2018

Suppose you have transferred money to your trading account but did not use it to buy securities, the broker could misuse this money, warns Sanjay Kumar Singh.

Global demand headwinds could weigh on Bharat Forge, says analysts

Global demand headwinds could weigh on Bharat Forge, says analysts

Rediff.com16 Nov 2023

Even though Bharat Forge's performance in the July-September quarter broadly met Street estimates and defence orders are on the rise, the subdued outlook for its global business has prompted some brokerages to adopt a cautious stance on the company. Analysts have reduced the company's earnings per share (EPS) estimates to account for the slow recovery of its overseas subsidiaries. Valuations are also trading at long-term averages, which could limit potential upsides.

Modi asks states to alter mandi rules

Modi asks states to alter mandi rules

Rediff.com12 Apr 2020

The agriculture ministry, in the last few weeks, issued guidelines and letters to states to ensure agriculture and food products reach consumers in a timely manner, while farmers don't have to come to the mandis to sell them.

Novelis IPO: A potential booster for Hindalco

Novelis IPO: A potential booster for Hindalco

Rediff.com29 Feb 2024

Base metals major Hindalco's overseas subsidiary, Novelis, has submitted a draft registration with the US Securities and Exchange Commission (SEC) for the proposed public offering of promoters' shares. Novelis' sole shareholder, AV Minerals (Netherlands) NV, is a 100 per cent subsidiary of Hindalco. Novelis would not receive any proceeds from the sale. Assuming SEC clearance could go through in about 6 months.

Saluting P V Narasimha Rao For 1991!

Saluting P V Narasimha Rao For 1991!

Rediff.com19 Feb 2024

It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.

10 Largecaps Stocks To Lead Bulls Charge

10 Largecaps Stocks To Lead Bulls Charge

Rediff.com3 Oct 2023

These stocks offer the best combination of maximum 'buy' recommendations from brokerages and share price upside over the next 12 months.

Essar plans power trading foray

Essar plans power trading foray

Rediff.com11 Oct 2005

After Tatas and Reliance, yet another corporate giant - the Rs 20,000 crore (Rs 200 billion) Essar Group – is entering the inter-state power trading business.

US peeved over India's trade surplus

US peeved over India's trade surplus

Rediff.com16 Sep 2004

Raising concerns over India's slow pace of trade liberalisation, the United States said on Thursday that it was apprehensive about India's surplus in bilateral trade.

Restore India's preferred trade status: Top US lawmakers to Trump

Restore India's preferred trade status: Top US lawmakers to Trump

Rediff.com18 Sep 2019

The Trump administration terminated India's designation as a beneficiary developing nation under the Generalized System of Preferences in June.

PM Modi flags concerns over bias in AI

PM Modi flags concerns over bias in AI

Rediff.com27 Aug 2023

Prime Minister Narendra Modi on Sunday called for a global framework for ethical use of Artificial Intelligence (AI) as he flagged concerns surrounding bias in such modern technologies and their impact on the society. Days ahead of the G20 Summit, the prime minister also made a strong case for developing an integrated approach to deal with issues concerning cryptocurrencies. Modi, addressing B20 Summit India 2023 organised by CII, said India is preparing a global framework for Green Credit and urged industry leaders to adopt life and businesses with emphasis on planet positive actions.