News for 'State for Commerce'

Thousands take out rally to seek early solution to Naga issue

Thousands take out rally to seek early solution to Naga issue

Rediff.com5 Aug 2022

Thousands of people joined a public rally organised by Nagaland People's Action Committee (NPAC) on Friday to demand an early solution to the Naga political issue.

Rubber Prices, The Church, BJP's Kerala Ambitions

Rubber Prices, The Church, BJP's Kerala Ambitions

Rediff.com10 Apr 2023

With elections elsewhere in India showing that multi-pronged contests usually work to the BJP's favour, the party can gain if it hangs on stubbornly. In the meantime, any additional support helps. That is why the archbishop's comment attracted political traction in Kerala, observes Shyam G Menon.

Maharashtra HSC results: 91.26% pass in the state

Maharashtra HSC results: 91.26% pass in the state

Rediff.com27 May 2015

This year too, a higher number of girls cleared the Maharashtra State Board Class 12 examination.

Guj college principal asks students to become BJP members; Cong lashes out

Guj college principal asks students to become BJP members; Cong lashes out

Rediff.com27 Jun 2022

The trust that runs the institution said she had resigned.

SAVING HISTORY, One Stepwell At A Time

SAVING HISTORY, One Stepwell At A Time

Rediff.com15 Jun 2022

Rohan Kale is fighting to save Maharashtra's stepwells.

100 cities in six months: Govt's ambitious ONDC pilots on Friday

100 cities in six months: Govt's ambitious ONDC pilots on Friday

Rediff.com28 Apr 2022

This will be done across five cities - Delhi, Bengaluru, Coimbatore, Bhopal, and Shillong. Thereafter, it will be scaled up and launched in 100 cities over a period of six months, said a senior government official.

Indian-American to be business dean of Michigan State varsity

Indian-American to be business dean of Michigan State varsity

Rediff.com8 May 2015

An expert on corporate and individual tax policy, Gupta has consulted for Fortune 500 companies

'Z' category protectee Swamy moves Delhi HC for security at private home

'Z' category protectee Swamy moves Delhi HC for security at private home

Rediff.com27 Oct 2022

Former Bharatiya Janata Party MP Subramanian Swamy approached the Delhi high court on Thursday, stating that in spite of an earlier assurance the Centre has not made any security arrangements at the accommodation he would be residing in after vacating the government-allotted bungalow.

Trade settlement in rupee: Govt, RBI devise country-specific plan

Trade settlement in rupee: Govt, RBI devise country-specific plan

Rediff.com14 Dec 2022

The central government and the Reserve Bank of India have devised a country-specific plan towards implementation of overseas trade in rupee, people aware of the matter said. To start with, a small number of banks will be allowed to manage cross-border transactions in domestic currency with a particular country. "Small countries that are dollar-deficient have shown interest in doing trade in rupee.

Bengal plans two-way 'fight' for industry

Bengal plans two-way 'fight' for industry

Rediff.com21 Mar 2007

Fresh from the Nandigram flashpoint, the West Bengal government is set to begin a two-way 'battle' to keep industrialisation going in the state.

Delhivery's IPO will be second biggest this year after LIC

Delhivery's IPO will be second biggest this year after LIC

Rediff.com9 May 2022

Logistics services provider Delhivery is likely to launch its downsized initial public offering (IPO) this week, said people in the know. The Softbank-backed firm may trim its issue size from Rs 7,460 crore to Rs 5,500 crore to align with the volatile market conditions, sources said. Sources added the fresh issue component of the IPO could be reduced to Rs 4,500 crore and the OFS component to Rs 1,000 crore.

Trinamool leader calls for sacking of minister Partha Chatterjee

Trinamool leader calls for sacking of minister Partha Chatterjee

Rediff.com28 Jul 2022

West Bengal's industry minister Partha Chatterjee, arrested in the SSC scam, should be removed immediately from his post and expelled from the Trinamool Congress, the party's state general secretary Kunal Ghosh demanded on Thursday.

Dissociate from Hindutva, Muslims not untouchable, says BJP ally Apna Dal-S chief

Dissociate from Hindutva, Muslims not untouchable, says BJP ally Apna Dal-S chief

Rediff.com7 Feb 2022

Stressing that the Apna Dal-S stands for social justice, Union minister Anupriya Patel on Monday dissociated her party from "Hindutva and all those issues" and said it is ideologically different from the Bharatiya Janata Party.

Will govt restart rupee-rouble trade?

Will govt restart rupee-rouble trade?

Rediff.com10 Mar 2022

The government may soon give the green light to bilateral trade between Russia and India in their national currencies to avoid any trade disruptions, multiple people aware of the matter said. While the Department of Commerce has recommended the proposal, an announcement is likely to be made by the finance ministry after further deliberations between the Department of Economic Affairs and Department of Financial Services. "The finance ministry will take a call on how to peg the two currencies," a senior government official told Business Standard. In the past, the two nations have had rupee-rouble trade, and when such an arrangement is implemented again, it will bypass the sanctions imposed on Russia by the West.

Turkey: Between Two Worlds

Turkey: Between Two Worlds

Rediff.com18 Jul 2023

The splendid rock figures around Cappadocia and the silent, eternal ruins of Ephesus made a trip to Turkey even more memorable.

Prospects remain healthy for NBFCs, bank credit shows a strong trend

Prospects remain healthy for NBFCs, bank credit shows a strong trend

Rediff.com29 Dec 2022

While rising interest rates and tighter liquidity are giving negative signals for the financial sector, increasing economic activity could mean higher business volumes for lenders. Liquidity in the banking system has moved from Rs 8 trillion surplus into a deficit of Rs 33,000 crore over the 2022 calendar year. By the end of November, bank credit had grown 17.5 per cent YoY (year-on-year).

Blinken hails Modi's Ukraine remark, says US could not agree more

Blinken hails Modi's Ukraine remark, says US could not agree more

Rediff.com28 Sep 2022

Speaking at a joint press appearance with External Affairs Minister S Jaishankar in Washington, DC, Blinken said that the US tried everything possible to avert the Ukraine conflict through diplomacy.

Biden announces ban on Russian oil and gas imports

Biden announces ban on Russian oil and gas imports

Rediff.com8 Mar 2022

The President said he made the decision in consultation with European allies but added they may not be in a position to join the US in banning Russian energy imports.

Singur: Tatas write to Bengal govt, seek clarifica

Singur: Tatas write to Bengal govt, seek clarifica

Rediff.com8 Sep 2008

The company wrote to the Buddhadeb Bhattacharjee-led Left front government seeking clarification on the agreement in the wake of conflicting reports about the return of project land to farmers. A Tata group spokesperson confirmed that the company had written a letter to the government.

When Narasimha Rao Agreed To A JPC

When Narasimha Rao Agreed To A JPC

Rediff.com14 Apr 2023

There is, between Rao's tenure as PM and the current Modi regime, a powerful resonance of how transition can be managed. Rao's tenure saw many scams -- one where he was supposedly approached by Harshad Mehta with a bribe for making the securities scam go away. The Opposition insisted on a JPC. Despite knowing a JPC report would undermine him politically, Rao agreed to one, saying he had 'nothing to hide'.

Smriti Mandhana's Journey To 3.4 Crore

Smriti Mandhana's Journey To 3.4 Crore

Rediff.com27 Feb 2023

Smriti Mandhana isn't actually known to be the most prolific T20 player -- her career T20 International average of 27.32 is middling at best. There have been failures too, but her ability to analyse and assess them honestly is a rarity in modern sport.

Singur farmers still giving land, claims Bengal

Singur farmers still giving land, claims Bengal

Rediff.com22 Dec 2006

The West Bengal government has accorded permission to the Tata Motors officials to carry on initial work in the land at Singur earmarked for its Rs 100,000 small car project.

'The people of Bengal support industrialisation'

'The people of Bengal support industrialisation'

Rediff.com23 Mar 2007

Not a single opposition party is saying it is against industrialisation and this reinforces our belief that people are not against industrialisation as a concept

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

As banks step up lending, NBFCs' share fall to 5-year low of 19.8% in H1FY23

As banks step up lending, NBFCs' share fall to 5-year low of 19.8% in H1FY23

Rediff.com20 Dec 2022

Banks are gaining market share at the expense of non-bank lenders such as housing finance companies, retail lenders, and those giving gold loans. There has been a steady decline in the market share of non-banking financial companies (NBFCs) in the credit market as banks have stepped up lending. NBFCs' share declined to a five-year low of 19.8 per cent in the first half of FY23, down from 20.3 per cent in H1FY22, and an all-time high of 23.1 per cent in H1FY19.

Cyber Scams: How To Stay Protected

Cyber Scams: How To Stay Protected

Rediff.com17 Feb 2023

Don't recharge your phone at public outlets -- carry a power bank instead. Avoid clicking on links sent by 'friends'. If you get into an online sexual encounter with a stranger and get blackmailed, refuse to pay up.

Bangladesh PM Hasina arrives on 4-day India visit

Bangladesh PM Hasina arrives on 4-day India visit

Rediff.com6 Sep 2022

Bangladeshi Prime Minister Sheikh Hasina arrived in New Delhi on Monday on a four-day visit to hold talks with his Indian counterpart Narendra Modi following which the two sides are likely to ink pacts in key areas, including defence, trade and river water sharing.

Govt issues 202 notices to e-com players for violating norm

Govt issues 202 notices to e-com players for violating norm

Rediff.com26 Oct 2021

The Union government on Tuesday said it has issued 202 notices to e-commerce players for incorrect declaration of 'country of origin' on products on their platforms in the last one year. The maximum number of such violations were found with respect to electronic appliances, followed by clothing and home products. Out of 217 notices, 202 notices were issued for violations relating to 'country of origin' norm.

Singur riots won't upset plans: Tatas

Singur riots won't upset plans: Tatas

Rediff.com6 Feb 2007

After a marathon meet (lasting over two and half hours) with Bhattacharya and state Commerce and Industry Minister Nirupam Sen, Tata and the chief minister fielded questions from the media.

The e-com draft policy still needs plenty of rewriting

The e-com draft policy still needs plenty of rewriting

Rediff.com10 Jul 2021

The proposed e-commerce rule book issued recently by the ministry of consumer affairs does not mention foreign companies or foreign direct investment (FDI) at any place, unlike most other government guidelines for the sector so far. That is a heartening development since the latest proposals could be fine-tuned as e-commerce policy.

Droupadi Murmu to take oath as India's 15th President today

Droupadi Murmu to take oath as India's 15th President today

Rediff.com25 Jul 2022

On July 21, the former Jharkhand governor Murmu registered a historic win over her rival Yashwant Sinha in the Presidential election, becoming the first woman tribal candidate and the second woman in the country to occupy the highest office in the country.

Digital tax: US suspends additional tariffs on India, 5 others

Digital tax: US suspends additional tariffs on India, 5 others

Rediff.com3 Jun 2021

The US on Wednesday announced tariffs on six countries, including India, that have imposed or are considering equalisation levy/digital services tax on e-commerce companies but immediately suspended the taxes for up to six months to provide additional time to complete the ongoing multilateral negotiations on international taxation at the OECD and G20. United States Trade Representative (USTR) Katherine Tai, in a statement, announced the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by Austria, India, Italy, Spain, Turkey and the UK. "The final determination in those investigations is to impose additional tariffs on certain goods from these countries, while suspending the tariffs for up to 180 days to provide additional time to complete the ongoing multilateral negotiations on international taxation at the OECD and in the G20 process," the statement said.

Has Apple's Roller-Coaster Ride In India Ended?

Has Apple's Roller-Coaster Ride In India Ended?

Rediff.com21 Apr 2023

The new mantra was to align Apple's ambition with the government's, focusing on Modi's favourite themes of Make in India, employment generation and India as a high-tech export hub.

Afghan President to pay three-day state visit to India

Afghan President to pay three-day state visit to India

Rediff.com27 Apr 2015

Afghan President Dr Mohammad Ashraf Ghani will be paying a three-day state visit to India beginning on Monday, during which he would meet Prime Minister Narendra Modi and attend delegation-level talks.

The Kerala You Should Discover

The Kerala You Should Discover

Rediff.com3 Aug 2022

Kerala will be one of those places where the line between tourism, a land, a people and their way of life will blur. It won't be tourism; it will be a visit to experience Kerala.

Planning to buy a mobile, online? Forget it for now

Planning to buy a mobile, online? Forget it for now

Rediff.com19 Apr 2020

Union home secretary Ajay Bhalla issued an order excluding the non-essential items from sale by the e-commerce companies from the consolidated revised guidelines, which listed the exemption given to the services and people from the purview of the lockdown.

Singur land: Tata Motors to pay Rs 1 cr per year

Singur land: Tata Motors to pay Rs 1 cr per year

Rediff.com15 Mar 2007

Sen said that as per the lease agreement, concluded recently with the company, it would have to pay a lease rent of Rs 1 crore per year for the first five years to the state.

Trade bodies impose 12-hr bandh in Nagaland over 'illegal taxation'

Trade bodies impose 12-hr bandh in Nagaland over 'illegal taxation'

Rediff.com16 Sep 2021

The shutdown has been complete in not only major cities like Kohima, Dimapur and Mokokchung, but even smaller towns such as Tuli, Jalukie, Pfutsero, CNCCI president Khekugha Muru told PTI.

Bengal woos more investors

Bengal woos more investors

Rediff.com1 Feb 2008

State commerce and industry minister, Nirupam Sen, and secretary, Sabysachi Sen are in Mumbai and have held a series of meetings with industrialists in Mumbai, including Tata group chairman, Ratan Tata, Mukesh Ambani of Reliance and Ashok Hinduja of the Hinduja group.