News for 'US Chambers of Commerce'

Nipah Is Keeping Kerala Tourists At Bay

Nipah Is Keeping Kerala Tourists At Bay

Rediff.com21 Sep 2023

The tourism industry expects a short-term impact, as it is counting on the state's proven expertise in managing such crises.

'I Want To Impact 1 Billion Lives'

'I Want To Impact 1 Billion Lives'

Rediff.com28 May 2024

'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'

Mary Kom named Global Indian Icon at UK-India Awards

Mary Kom named Global Indian Icon at UK-India Awards

Rediff.com30 Jun 2023

India's first-ever Olympic medallist in women's boxing Mary Kom has been honoured with the Global Indian Icon of the Year award at the annual UK-India Awards in Windsor.

US allows some H-1B visa seekers to re-submit their applications

US allows some H-1B visa seekers to re-submit their applications

Rediff.com24 Jun 2021

Some foreign guest workers in the US will be able to re-submit their applications for the H1-B visa, the most sought-after non-immigrant visa among Indian IT professionals, if their petition was solely rejected because it was based on the initial registration period, according to a federal agency. According to the US Citizenship and Immigration Services (USCIS), such re-submission of applications is for those whose applications have been rejected or administratively closed solely because the requested start date was after October 1, 2020. The H-1B visa allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.

Exporters demand fiscal incentives, credit at affordable rates in Budget

Exporters demand fiscal incentives, credit at affordable rates in Budget

Rediff.com24 Nov 2022

Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and the sector requires more support. "Creation of employment is the biggest challenge faced by the country...We would urge the government to provide fiscal support to units which provide additional employment in the export sector," the exporter's body said.

Is Navratri Inspiring Shanaya Kapoor?

Is Navratri Inspiring Shanaya Kapoor?

Rediff.com28 Sep 2022

Katrina wishes Sunny... Plabita's pretty pictures... Laxmi Raai glows...

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.

Farmers' protest: Over Rs 70,000 cr economic loss in Q3

Farmers' protest: Over Rs 70,000 cr economic loss in Q3

Rediff.com31 Dec 2020

The farmers' agitation against new agri laws will lead to economic loss of over Rs 70,000 crore in the December quarter owing to supply chain disruptions, particularly in Punjab, Haryana and border areas of Delhi, the PHD Chamber of Commerce and Industry said on Thursday. The chamber's president Sanjay Aggarwal said "the 36 days farm agitation so far will have more than Rs 70,000 crore economic loss in the Q3 FY 2020-21 due to...disruption in supply chains and day-to-day economic activities particularly in the progressive states of Punjab and Haryana and border areas of national capital Delhi."

Biden administration comes under pressure to ship Covid vaccine to India

Biden administration comes under pressure to ship Covid vaccine to India

Rediff.com24 Apr 2021

The Joe Biden administration has come under intense pressure from various quarters, including the powerful US Chambers of Commerce, lawmakers and eminent Indian-Americans, to ship AstraZeneca and other Covid-19 vaccines along with several life-saving medical supplies to India, which is witnessing a deadly surge in coronavirus cases.

We must be strong to bear any kind of pressure, says ex-CJI Lalit

We must be strong to bear any kind of pressure, says ex-CJI Lalit

Rediff.com5 Mar 2023

He said in order to have a thriving democracy, one must have an independent judiciary because it is through dispute resolution that society is assured of governance by the rule of law.

Tracing the journey of auto industry pioneer Keshub Mahindra

Tracing the journey of auto industry pioneer Keshub Mahindra

Rediff.com12 Apr 2023

Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.

FIFA World Cup balls made in Pakistan village

FIFA World Cup balls made in Pakistan village

Rediff.com9 Dec 2022

Pakistan is playing a big part in the soccer World Cup by making the balls

Can BJP Wrest Mahakoshal From Congress?

Can BJP Wrest Mahakoshal From Congress?

Rediff.com16 Nov 2023

Modi and Chouhan have visited Mahakoshal multiple times and reached out to tribals to shore up support for the BJP.

Mayawati's Now Or Never Moment

Mayawati's Now Or Never Moment

Rediff.com9 Oct 2023

'Unless she joins one of the coalitions, she has a bleak future.' 'The NDA option is suicidal, but INDIA could help her.'

Why some Bengal industrialists are avoiding Modi

Why some Bengal industrialists are avoiding Modi

Rediff.com9 Apr 2013

Industrialists were reportedly in two minds about attending Modi's address lest it should draw the ire of the Mamata Banerjee-led government

'I expect 8% growth next year'

'I expect 8% growth next year'

Rediff.com29 Dec 2023

'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'

Why India Inc is moving to Dubai in droves

Why India Inc is moving to Dubai in droves

Rediff.com7 Nov 2022

Reliance Industries chairman Mukesh Ambani might have made news for purchasing the most expensive beach-side villa in Dubai recently, but he is not the only Indian eyeing the city for investment. Since Dubai allowed foreign investors full ownership in specific sectors in June 2021, a horde of Indian companies have moved or expanded into the desert city. The list even includes a kindergarten, an elementary and middle school, and a hotel that has sought 100 per cent ownership.

US trade body hails Budget, says it's fiscally prudent

US trade body hails Budget, says it's fiscally prudent

Rediff.com2 Feb 2022

In the midst of third wave of COVID-19, Finance Minister Nirmala Sitharaman has come up with an impactful Budget which is balanced, fiscally prudent and growth-oriented, the USA India Chamber of Commerce has said. President of the Boston-based USA India Chamber of Commerce (USAIC) Karun Rishi, however, said it is a matter of concern that the budget lacks tangible measures to increase revenue generation. "Opting to keep the fiscal deficit at 6.9 per cent and increase capital expenditure by 35 per cent is a masterstroke. "The annual budget estimates the effective capital expenditure of Rs 10.68 lakh crore in 2022-23, making up about 4.1 per cent of the GDP," he said. "A phenomenal increase in the government's capital expenditure is likely to facilitate the expenditures on infrastructure and create jobs.

Judiciary must be allowed to interpret Constitution: SC judge Kohli

Judiciary must be allowed to interpret Constitution: SC judge Kohli

Rediff.com5 Mar 2023

It is equally essential to recognise the judiciary's role in the constitutional dialogue as it acts like a safety valve for fostering our democratic values, she said.

Kannada Cinema To Mourn Puneeth Today

Kannada Cinema To Mourn Puneeth Today

Rediff.com16 Nov 2021

On November 16, the Karnataka Film Chamber of Commerce will celebrate Puneeth Namana -- a three-hour prayer meeting, which will be attended by the who's who of the Karnataka film industry and politics.

Foreign e-com cos creating massive unemployment, alleges RIL

Foreign e-com cos creating massive unemployment, alleges RIL

Rediff.com23 Mar 2021

Capital dumping is being used by foreign e-commerce firms to subsidise and engage in predatory pricing, oil-to-telecom conglomerate Reliance Industries (RIL) has told the Associated Chambers of Commerce and Industry of India (Assocham) in an internal document. The document alleges that this is leading to massive unemployment and financial distress among small merchants and kirana stores. It consists of various recommendations and proposed changes that deal with Press Note 2 of 2018 (PN 2), which RIL wanted Assocham to present to the government, according to sources.

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.

India's exports may dip 13% to $270 billion in 2015-16

India's exports may dip 13% to $270 billion in 2015-16

Rediff.com7 Jan 2016

The declining exports would have implications for the job market.

Pak govt washes hand off row over Indian envoy's Karachi event

Pak govt washes hand off row over Indian envoy's Karachi event

Rediff.com8 Sep 2016

Pakistan has said that Karachi Chambers of Commerce and Industries, which cancelled Indian High Commissioner Gautam Bambawale's public engagement at the last minute, is an independent body, a day after India summoned Pakistani envoy to lodge a strong protest over the incident.

Sikkim flash flood: Toll rises to 18; over 90 still missing

Sikkim flash flood: Toll rises to 18; over 90 still missing

Rediff.com6 Oct 2023

The Sikkim Government has confirmed that 14 people have died so far in the flash floods that occurred in Sikkim in the early hours of Wednesday.

'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.

Most pvt firms don't give SC/ST staff numbers

Most pvt firms don't give SC/ST staff numbers

Rediff.com30 Jul 2009

The government is trying through industry chambers to get corporate world incorporate data on SC/ST recruitment, Social Justice and Empowerment Minister Mukul Wasnik told Rajya Sabha on Thursday.

'Many Indian unicorns have set up businesses in Dubai'

'Many Indian unicorns have set up businesses in Dubai'

Rediff.com16 Sep 2023

'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'

India Post to enter e-com, Bengal circle approaches industry groups

India Post to enter e-com, Bengal circle approaches industry groups

Rediff.com14 Nov 2014

A senior official of India Post at Kolkata General Post Office told PTI that since e-commerce is a sunrise industry, it is trying to earn higher revenue in the region by involving local traders and business houses.

RBI likely to hold repo rate at 6.5% on June 8

RBI likely to hold repo rate at 6.5% on June 8

Rediff.com4 Jun 2023

The Reserve Bank of India (RBI) will maintain the policy repo rate at 6.5 per cent during its upcoming June 8 announcement, considering the easing of retail inflation in April and the potential for further decline, indicating the effectiveness of previous policy rate actions, anticipate experts. Headed by Reserve Bank Governor Shaktikanta Das, a meeting of the six-member Monetary Policy Committee (MPC) is scheduled for June 6-8. The decision of the 43rd meeting of the MPC would be announced on Thursday, June 8.

Langer hits out at 'bull**** politics' in Cricket Australia

Langer hits out at 'bull**** politics' in Cricket Australia

Rediff.com26 May 2022

The day after quitting his job, Langer had a heated conversation with Freudenstein.

Indian Millennials Spend Rs 4K A Month On Fitness

Indian Millennials Spend Rs 4K A Month On Fitness

Rediff.com30 Jun 2023

India is among the top three emerging markets in the wellness economy.

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.

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Rediff.com23 Feb 2023

At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga becomes first Indian-American to head World Bank

Rediff.com3 May 2023

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."

India ranked at the bottom of Intellectual Property Index

India ranked at the bottom of Intellectual Property Index

Rediff.com29 Jan 2014

For the second consecutive year, India has been ranked at the bottom of 25 countries in terms of protection and enforcement of intellectual property practices, a US Chamber of Commerce report said on Tuesday.

What Are RBI's Challenges In 2024?

What Are RBI's Challenges In 2024?

Rediff.com9 Feb 2024

The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.

Budget 2022: India Inc pitches for more reforms and tax stability

Budget 2022: India Inc pitches for more reforms and tax stability

Rediff.com16 Dec 2021

India Inc on Thursday pitched for continuation of reforms while ensuring tax and policy stability in the forthcoming Budget to prop up the economy hit hard by the COVID-19 pandemic. In the virtual pre-Budget consultation held with Finance Minister Nirmala Sitharaman, industry chambers said that government measures will help firmly entrench the nascent signs of recovery being currently seen in private investment. Capital expenditure by the government through enhanced infrastructure spending should in the meantime continue to support growth, CII president TV Narendran said.

RBI Guv on how fuel taxes can be cut

RBI Guv on how fuel taxes can be cut

Rediff.com25 Feb 2021

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said there is a need for coordinated action between the centre and state governments to reduce taxes on petrol and diesel prices. "There is a need for coordinated action between the centre and states because there are inherent taxes levied by both," the Governor said adding that calibrated reduction of taxes was important. He was speaking at an event organised by Bombay Chamber of Commerce.

India Inc looks forward to repo rate cut in future

India Inc looks forward to repo rate cut in future

Rediff.com4 Jun 2021

India Inc on Friday said it is looking forward to a repo rate cut in future as cost of funds has to come down in coming times, and expects continuation of accommodative policy stance by the Reserve Bank of India (RBI). The RBI decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, as the economy faces the brunt of the second COVID-19 wave. Sanjay Aggarwal, president of PHD Chamber of Commerce and Industry, said the RBI has maintained an accommodative stance as long as necessary to revive and sustain growth on a durable basis and to mitigate impact of COVID-19, apart from an aim to keep inflation within the target.