News for 'Trade Policy Group'

Full text: What Modi, Obama agreed on

Full text: What Modi, Obama agreed on

Rediff.com25 Jan 2015

This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.

'We totally oppose privatisation of banks, PSUs'

'We totally oppose privatisation of banks, PSUs'

Rediff.com20 May 2003

The anti-labour policies of the government will leave the employees in the lurch and take away all their safeguards, says V K Gupta, Delhi convenor of United Forum of Bank Unions.

Sensex snaps 4-session long gaining streak; telecom stocks hog limelight

Sensex snaps 4-session long gaining streak; telecom stocks hog limelight

Rediff.com30 Jan 2017

In the broader market, the BSE Midcap index bucked the trend to gain 0.3%

India's relations with the US must not be one-sided

India's relations with the US must not be one-sided

Rediff.com20 Jan 2015

'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.

The afterglow from Trump's visit will remain

The afterglow from Trump's visit will remain

Rediff.com6 Mar 2020

Modi may take satisfaction from his display of considerable political skill in managing a mercurial, temperamental and unpredictable US president and nudging him into uncharacteristic restraint and even carefully orchestrated remarks. This personal chemistry will come in handy if Trump returns as president in the November elections, says former foreign secretary Shyam Saran.

Rupee loses 23 paise to end at 3-week low

Rupee loses 23 paise to end at 3-week low

Rediff.com3 Jun 2014

Falling for the fourth day in succession, the rupee today dipped by 23 paise to close at nearly three-week low of 59.38 against the dollar amidst the RBI announcing an SLR cut that is expected to release nearly Rs 40,000 crore into markets.

Rupee falls further to 65.12 vs dollar

Rupee falls further to 65.12 vs dollar

Rediff.com21 Oct 2015

The rupee depreciated further by 7 paise to 65.12.

A bureaucrat for 'the little guy'

A bureaucrat for 'the little guy'

Rediff.com6 Mar 2021

Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.

What can India achieve at the SCO?

What can India achieve at the SCO?

Rediff.com8 Jun 2018

'Lingering border disputes and fierce geostrategic competition in South Asia between China and India are likely to temper any cooperation Beijing might hope to achieve with New Delhi in the SCO,' says P K Vasudeva.

The Great Property Crash

The Great Property Crash

Rediff.com25 Jan 2019

'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.

Change of guard at RBI: Urjit Patel's tenure begins

Change of guard at RBI: Urjit Patel's tenure begins

Rediff.com6 Sep 2016

There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street

How Modi tried to manage China & Pakistan

How Modi tried to manage China & Pakistan

Rediff.com17 Jan 2020

'New Delhi showed itself willing -- at least for a period -- to tolerate the risk of conflict and to withstand Beijing's implicit and explicit threats.' 'But it also continued to try to cut some kind of deal with China to reduce tensions.'

Indian tax regime is set for total makeover

Indian tax regime is set for total makeover

Rediff.com2 Jan 2017

The Narendra Modi government's alacrity in promoting ease of tax administration, a critical component in the ease of doing business index, has set in motion several incremental policy and administrative reforms, says Mukesh Butani.

Rupee takes a pause after 3-day rally; down 6 paise

Rupee takes a pause after 3-day rally; down 6 paise

Rediff.com9 Dec 2016

The Indian currency had appreciated by a whopping 85 paise in three-day surge

Govt, RBI mustn't shut eyes to an overvalued rupee

Govt, RBI mustn't shut eyes to an overvalued rupee

Rediff.com15 Mar 2016

The argument for a weaker rupee is substantial.

India, China sign business deals worth $3.4 billion

India, China sign business deals worth $3.4 billion

Rediff.com18 Sep 2014

IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.

A textile tycoon who also spins dreams

A textile tycoon who also spins dreams

Rediff.com4 Oct 2019

Despite presiding over scores of factories in what is today India's largest garment exporter with 105,000 employees, Ahuja is a modest man with much to be immodest about. He tells Rahul Jacob that the government needs a free trade agreement with Europe fast to ensure a level-playing field with Bangladesh and Vietnam.

US diktat: Why didn't Modi stand up for India?

US diktat: Why didn't Modi stand up for India?

Rediff.com25 Apr 2019

The Modi government caved in under American pressure without even token resistance. Two countries similarly placed as India with high dependence on Iranian oil -- China and Turkey -- have shown the grit to stand up to Washington, says Ambassador M K Bhadrakumar.

India's boycott of OBOR an unusual display of spine

India's boycott of OBOR an unusual display of spine

Rediff.com31 May 2017

The decision to not attend the forum attended by 28 heads of state and 130 national delegations is a clear break from its usual policy of going along with the crowd.

Markets end higher ahead of Fed outcome, China stimulus

Markets end higher ahead of Fed outcome, China stimulus

Rediff.com17 Sep 2014

Markets end higher ahead of Fed outcome, China stimulus

How India must play new round of Chinese checkers

How India must play new round of Chinese checkers

Rediff.com23 Jan 2017

China's white paper on Asia-Pacific security cooperation extends an olive branch to India. It mentions India 15 times -- a record in all Chinese white papers issued so far. New Delhi's response will need to be carefully calibrated, says China expert Srikanth Kondapalli.

There's a flip side to linking lending and repo rates

There's a flip side to linking lending and repo rates

Rediff.com27 Aug 2019

Given the relevance of bank deposits for Indian savers, whether the regulator would permit linking savings interest rate to a repo-like structure needs to be seen, as a move of this nature could increase volatility in savings also.

Indo-US economic ties: Time for a rethink?

Indo-US economic ties: Time for a rethink?

Rediff.com4 Sep 2013

India Inc enables the US' frostiness to India.

Madurai boy Anand Selvakesari is breaking the mould at Citigroup

Madurai boy Anand Selvakesari is breaking the mould at Citigroup

Rediff.com19 Nov 2020

A career Citibanker, 'Selva' came into the spotlight as the person who rewired the financial behemoth's Indian retail operations.

Shivaji: Founder of the Indian secular State

Shivaji: Founder of the Indian secular State

Rediff.com19 Feb 2021

Shivaji made sure that his soldiers respected the sanctity of mosques and the Quran Sharif to ensure that his fight against the Mughals did not become fight against Islam, explains Colonel Anil A Athale (retd).

Halting radical Islam must be US priority: Trump

Halting radical Islam must be US priority: Trump

Rediff.com28 Apr 2016

In a speech outlining his foreign policy, Trump did not mention about India, and said that his administration would seek to improve ties with Russia and China.

India, Japan and the China threat

India, Japan and the China threat

Rediff.com20 Nov 2018

'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.

What the India-US joint statement says

What the India-US joint statement says

Rediff.com27 Jun 2017

Here is the full text of the joint statement issued by India and the US.

Rupee might head lower in the medium term

Rupee might head lower in the medium term

Rediff.com25 Apr 2016

The steep decline in commodity prices has reversed.

China could've stopped virus, but didn't: Trump

China could've stopped virus, but didn't: Trump

Rediff.com21 May 2020

The US president, who has expressed disappointment over China's handling of the COVID-19 pandemic, claimed that it was the "incompetence" of Beijing that led to the mass killing across the globe.

Economy will determine Modi's political future

Economy will determine Modi's political future

Rediff.com23 Jul 2020

'Mr Modi has a huge opportunity before him.' 'Whether he grabs it the way Mrs Gandhi did in 1969 or squanders it as he did in 2014 will determine his economic legacy,' notes T C A Srinivasa-Raghavan.

Time for India to inflict pain on China

Time for India to inflict pain on China

Rediff.com20 Jul 2020

'China has gone too long as a rogue power, trashing international norms, agreements, and treaties as if they were not the paper they were written on.' 'The ill-advised attack on Ladakh may be the beginning of the end of that nonsense,' advocates Rajeev Srinivasan.

India's gold imports slump in December

India's gold imports slump in December

Rediff.com7 Jan 2015

Providing relief to the economy from widening trade deficit on account of gold imports, the inward shipments of the metal slumped in December to 39 tonnes, Commerce Secretary Rajeev Kher said on Wednesday.

Agriculture needs to take centre stage in Budget: Arvind Subramanian

Agriculture needs to take centre stage in Budget: Arvind Subramanian

Rediff.com13 Jan 2016

Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy

5-day winning streak for Re; up 6 paise against dollar

5-day winning streak for Re; up 6 paise against dollar

Rediff.com21 Jan 2015

Earlier, the rupee resumed slightly lower at 61.70 per dollar as against Tuesday's close of 61.69 at the Interbank Foreign Exchange market.

Limited choices in strategic partners in defence

Limited choices in strategic partners in defence

Rediff.com25 Sep 2019

The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance Factory Board factories.

India, China NSAs to meet next week for NSG, boundary talks

India, China NSAs to meet next week for NSG, boundary talks

Rediff.com29 Oct 2016

National Security Advisor Ajit Doval and his Chinese counterpart Yang Jiechi will meet in Hyderabad in November first week for informal dialogue on the state of bilateral relations

Indiabulls-LVB merger: It's a clear no from Mint Road

Indiabulls-LVB merger: It's a clear no from Mint Road

Rediff.com9 Oct 2019

Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.

State of the Union: Trump announces meet with Kim; vows to build border wall

State of the Union: Trump announces meet with Kim; vows to build border wall

Rediff.com6 Feb 2019

'If I had not been elected President of the United States, we would right now, in my opinion, be in a major war with North Korea,' Trump said.

Budget: Stocks that can fetch you high returns

Budget: Stocks that can fetch you high returns

Rediff.com19 Feb 2015

Stocks might hit new highs even before B-Day.