News for 'State for Business and Trade'

From loudspeakers to helicopters, poll businesses is booming

From loudspeakers to helicopters, poll businesses is booming

Rediff.com27 Apr 2019

The EC limits campaign expenses incurred by a candidate to Rs 50 lakh to Rs 70 lakh. But there is no such limit on spending for parties. The vendors aren't complaining.

Kirloskar siblings query lack of corporate governance in group firm

Kirloskar siblings query lack of corporate governance in group firm

Rediff.com15 Oct 2022

Kirloskar siblings Rahul and Atul on Saturday raised questions over corporate governance of Kirloskar Brothers Ltd, led by their warring brother Sanjay, after having been cleared of insider trading charges labelled against them.

Boris to arrive in Ahmedabad on April 21, first UK PM to visit Gujarat

Boris to arrive in Ahmedabad on April 21, first UK PM to visit Gujarat

Rediff.com17 Apr 2022

Johnson's first visit to India as United Kingdom prime minister will begin on April 21 with a trip to Ahmedabad in Gujarat, which is Prime Minister Modi's home state.

Downside risks weigh on growth forecast: FinMin

Downside risks weigh on growth forecast: FinMin

Rediff.com26 Apr 2023

India's economy continues to be robust, but downside risks such as rising crude oil prices, adverse weather conditions, and the global banking crisis outweigh the upside potential in gross domestic product (GDP) growth in the current financial year (FY24), the finance ministry said on Tuesday in its Monthly Economic Review for March. "We reiterate that downside risks to our official forecast of 6.5 per cent for real GDP growth in FY24 dominate upside risks," the review said. "Opec's surprise production cut has seen oil prices rise in April, off their lows of low-seventies per barrel in March.

India might trip on WTO trade facilitation pact

India might trip on WTO trade facilitation pact

Rediff.com29 Nov 2013

According to the final draft of the negotiating texts, seen by Business Standard, there are a few binding commitments in the chapter on TFA, under Article 13, which talks of Customs cooperation.

Only way forward is...: Cong points to Adani's 'China links'

Only way forward is...: Cong points to Adani's 'China links'

Rediff.com14 Apr 2023

Congress general secretary in-charge communications Jairam Ramesh said that in the 'Hum Adani ke Hain Kaun (HAHK)' series under which the Congress posed questions to Prime Minister Narendra Modi, the party had asked him about his "favourite business group's links with the Chinese citizen Chang Chung-Ling (aka Lingo Chang) who has been a director in several Adani Group companies along with Vinod Adani and also made an appearance in the Panama Papers".

'India is a equity market to invest in'

'India is a equity market to invest in'

Rediff.com13 Jul 2023

'India is an equity market with a breadth and depth of companies to invest in.'

Gail keen to hive off gas trading biz

Gail keen to hive off gas trading biz

Rediff.com3 Nov 2003

State-run Gail (India) Ltd on Monday said it will hive off its gas trading business into a separate company by 2008, by when the ambitious Rs 20,000 crore (Rs 200 billion) national gas pipeline grid will be in place.\n\n\n\n

Mike, that f**** guy hates you: Trump said about Xi

Mike, that f**** guy hates you: Trump said about Xi

Rediff.com30 Jan 2023

Mike Pompeo has said that among the dozens of world leaders he met as the United States Secretary of State he found the 'most unpleasant' was Chinese President Xi Jinping, who threatened to stop sending PPE kits to America if it kept asking for accountability from Beijing on COVID-19.

Be warned, folks: The State has jackboots

Be warned, folks: The State has jackboots

Rediff.com12 Sep 2018

'India has jackboot laws legislated by all parties, a State prepared to stomp all over you, and citizens who don't often realise how easily they can be crushed under both,' says T N Ninan.

Maharashtra govt unhappy over ease of doing business ranking

Maharashtra govt unhappy over ease of doing business ranking

Rediff.com16 Sep 2015

The govt plans to seek Centre's help for a re-assessment by the World Bank.

Ease of doing business: Will India crack the club of top 50 nations?

Ease of doing business: Will India crack the club of top 50 nations?

Rediff.com27 Oct 2017

India's rank inched up by just one position to 130 in last year's Doing Business Survey by the World Bank.

GST: Success And The Way Forward

GST: Success And The Way Forward

Rediff.com12 Jul 2023

No longer a discretion of the tax administrator, the audit of returns filed by taxpayers is now based on a selection by algorithms, notes Tarun Bajaj.

Sebi probing Hindenburg allegations against Adani Group

Sebi probing Hindenburg allegations against Adani Group

Rediff.com14 Feb 2023

The Securities and Exchange Board of India (Sebi), the market regulator, has said, in a submission to the Supreme Court, that it is "enquiring" into the allegations made by American short-seller Hindenburg Research against the Adani Group of companies and its impact on the markets. In the same matter, the central government has agreed to form an expert committee to strengthen the regulatory regime in order to ensure that market investors are protected. The Supreme Court had last week suggested an expert committee to look into the allegations and had asked the Centre for its response.

'We are not going back to licence raj'

'We are not going back to licence raj'

Rediff.com18 Sep 2023

'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'

India, Bangladesh to sign trade pacts

India, Bangladesh to sign trade pacts

Rediff.com13 Mar 2006

India and Bangladesh are likely to sign three agreements on trade, investment protection and avoidance of double taxation during Bangladeshi Prime Minister Begum Khaleda Zia's three-day state visit to India from March 20.

US hi-tech trade mission comes calling to woo India

US hi-tech trade mission comes calling to woo India

Rediff.com3 Feb 2011

The trade mission, comprising 24 companies from 13 states, is the first visit by an American Cabinet Secretary to India since US President Barack Obama came calling in November, 2010.

Will India manage to grow at 6.8% in FY24?

Will India manage to grow at 6.8% in FY24?

Rediff.com22 Mar 2023

The external environment has worsened further. While the Finnish economy entered into a recession, Swedish economic growth also dipped. The Finnish gross domestic product (GDP) dropped 0.6 per cent in October-December, 2022. It was the second quarter of negative growth, which is a technical definition of recession.

Open trade with India: Hillary to Pak biz leaders

Open trade with India: Hillary to Pak biz leaders

Rediff.com30 Oct 2009

Clinton criticised Pakistan's low rate of tax collection and called for better management of the economy during an hour-long interaction with top business executives in Lahore on Thursday.

Europe asks India to lift trade barriers

Europe asks India to lift trade barriers

Rediff.com17 Nov 2004

The European Business Group in India on Wednesday called for cooperation in implementation of central policies and abolition of trade barriers.

FTA: UK, India not working towards Diwali deadline

FTA: UK, India not working towards Diwali deadline

Rediff.com14 Oct 2022

The free trade agreement (FTA) talks with India are no longer working towards a Diwali deadline though negotiations are progressing well, UK Trade Secretary Kemi Badenoch has said as New Delhi expressed confidence on Friday of an "early date" for a mutually beneficial deal. "There are ongoing negotiations as we know on the FTA. There is interest on both sides to see if we can work towards a deal, an FTA, that is beneficial to both the countries at an early date," external affairs ministry spokesperson Arindam Bagchi told reporters in New Delhi. It came as External Affairs Minister S Jaishankar spoke to his UK counterpart, James Cleverly, and referenced the Roadmap 2030 bilateral agreement signed between Prime Minister Narendra Modi and former UK PM Boris Johnson in May last year, with no specific reference to the FTA.

'This isn't an irrational exuberance bubble'

'This isn't an irrational exuberance bubble'

Rediff.com1 Aug 2023

'Earnings will be the catalyst for markets to march higher from here on out.'

The rise and fall of Trump trade

The rise and fall of Trump trade

Rediff.com4 Apr 2017

The trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.

Ontario plans 'India desk' to boost trade

Ontario plans 'India desk' to boost trade

Rediff.com24 Mar 2006

Ontario, a leading province in Canada has evinced interest in building economic bridges with India and encouraging investments from the emerging south Asian superpower in different sectors including diamond mining.

Govt plans new category visa to attract foreigners, boost trade

Govt plans new category visa to attract foreigners, boost trade

Rediff.com26 Jun 2016

Medical tourism in India alone is estimated at $3 billion and projected to grow to $7-8 billion by 2020

Without naming Adani, SEBI cites 'unusual price movement'

Without naming Adani, SEBI cites 'unusual price movement'

Rediff.com4 Feb 2023

Without naming Adani group specifically, the capital markets watchdog said in a statement that unusual price movement in the stocks of a business conglomerate has been observed in the past week.

US eyes huge trade in India's tier II, III cities

US eyes huge trade in India's tier II, III cities

Rediff.com14 Dec 2010

The United States would focus on tier II and III cities in India for increasing trade as they offer huge business potential, US Commercial Consul for South India Aileen Nandi has said.

Modi gifts green diamond to Jill Biden

Modi gifts green diamond to Jill Biden

Rediff.com22 Jun 2023

Prime Minister Narendra Modi, who is in the United States for a three-day state visit, has gifted an eco-friendly lab-grown 7.5 carat diamond, placed in Kashmir's exquisite Papier mache box, to First Lady Jill Biden.

Despite 'Make in India', PSUs, states opt for Made in China

Despite 'Make in India', PSUs, states opt for Made in China

Rediff.com27 Jul 2018

A report by parliamentary standing committee on commerce noted that Indian industry was getting decimated by China dumping its cheap products in India.

Shehla Rashid, Shah Faesal withdraw Article 370 pleas

Shehla Rashid, Shah Faesal withdraw Article 370 pleas

Rediff.com11 Jul 2023

The Supreme Court on Tuesday said it will commence day-to-day hearing from August 2 on a batch of petitions challenging abrogation of Article 370 of the Constitution that bestowed special status on the erstwhile state of Jammu and Kashmir.

Senators urge Kerry to press India on trade during visit

Senators urge Kerry to press India on trade during visit

Rediff.com15 Jun 2013

Kerry is scheduled to head to India later this month for the fourth annual US-India Strategic Dialogue.

G20 Summit: Startups hope Delhi Declaration to help ease capital access

G20 Summit: Startups hope Delhi Declaration to help ease capital access

Rediff.com11 Sep 2023

The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.

Pune farmer becomes millionaire amid rising tomato prices

Pune farmer becomes millionaire amid rising tomato prices

Rediff.com19 Jul 2023

Farmer Ishwar Gaykar (36), from Pachghar village in Junnar tehsil of Pune district, had faced a difficult decision of dumping a large quantity of harvested tomatoes in May this year due to low prices.

Xi, Sharif listening, Modi says must condemn countries backing terror

Xi, Sharif listening, Modi says must condemn countries backing terror

Rediff.com5 Jul 2023

In his opening remarks at the virtual summit of the Shanghai Cooperation Organisation (SCO), Modi also said that some countries use cross-border terrorism as an instrument of their policy and the grouping must not hesitate to criticise them.

Amazon, trade bodies' courtroom battle may impact e-commerce policy

Amazon, trade bodies' courtroom battle may impact e-commerce policy

Rediff.com24 Feb 2020

The case may drag for a few years, experts say, as CAIT and DVM have said they will appeal against the interim relief granted to Amazon.

Will Thalapathy Vijay Take A Plunge Into Politics?

Will Thalapathy Vijay Take A Plunge Into Politics?

Rediff.com7 Nov 2023

At the Leo fete, Vijay had this also to tell his fans: 'I know you all are in my heart. But today, I also know that I am also in the hearts of all of you...' A typical politician's line, did you say, asks N Sathiya Moorthy.

Open to resolving disputes; won't do one-on-one meetings: Lenders to Byju's

Open to resolving disputes; won't do one-on-one meetings: Lenders to Byju's

Rediff.com15 Jun 2023

A group of lenders to educational technology (edtech) giant Byju's has told the firm that they're open to negotiations with the company to resolve litigation and other disputes, according to people familiar with the matter. However, they have told Byju's that they will not engage in the firm's proposal for one-on-one meetings, according to sources. Byju's recently filed a suit against US-based investment management firm Redwood to challenge the acceleration of the $1.2-billion Term Loan B (TLB) facility, and disqualify the lender for its "predatory tactics".

Why Modi means business with China

Why Modi means business with China

Rediff.com14 May 2015

Right time to improve trade ties with India: US official

Right time to improve trade ties with India: US official

Rediff.com25 Jul 2014

India is currently a relatively small market for the US, in terms of total US exports.