News for 'US India Business Council'

Jaitley presents NRI award to GP Hinduja

Jaitley presents NRI award to GP Hinduja

Rediff.com14 Mar 2015

Jaitley presents NRI award to G P Hinduja.

China-backed Pak bid to discuss Kashmir at UN fails again

China-backed Pak bid to discuss Kashmir at UN fails again

Rediff.com6 Aug 2020

The US took the lead, and many other council members also joined and made it clear that the Kashmir issue was not a matter for the UN body to discuss and is a bilateral issue between India and Pakistan.

Making the northeast a business hub of South Asia

Making the northeast a business hub of South Asia

Rediff.com30 Nov 2014

For the region to realise its full potential, New Delhi needs to start looking at the land-locked northeast as an important starting point in India's 'Act East' policy, says Nitin Gokhale

India to get 3rd set of Swiss bank details, info on real estate this month

India to get 3rd set of Swiss bank details, info on real estate this month

Rediff.com12 Sep 2021

Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.

Budget 2022: Industry bodies urge govt to reduce tax burden

Budget 2022: Industry bodies urge govt to reduce tax burden

Rediff.com13 Dec 2021

Engineering Export Promotion Council (EEPC) of India has urged the Centre to extend lower corporate tax benefit to Limited Liability Partnerships (LLPs) and proprietary firms as it would make funds available with MSMEs and boost private investment cycle. A body of direct tax professionals also sought for reduction of tax burden on individuals and requested the government to raise the income tax exemption limit at Rs 2.5 lakh to Rs 4 lakh per annum in the upcoming budget for 2022-23 fiscal. EEPC India chairman Mahesh Desai claimed around 84 per cent of small businesses are being denied the benefit of lower corporate tax which was aimed at providing industrial units with more investible surplus.

Liquor policy: ED summons BRS leader Kavitha again on Mar 16 for quizzing

Liquor policy: ED summons BRS leader Kavitha again on Mar 16 for quizzing

Rediff.com12 Mar 2023

According to sources, Kavitha was to be made to sit face-to-face with Hyderabad-based businessman Arun Ramchandra Pillai, who was arrested in connection with the liquor policy case on Monday night.

India will be short of 3.5 million cybersecurity jobs by year-end

India will be short of 3.5 million cybersecurity jobs by year-end

Rediff.com11 Aug 2021

India is in dire need of cybersecurity professionals. With several recent incidents of data breach, India's cybersecurity journey so far proves this demand. But is the country ready to meet this demand and is it preparing a cybersecurity workforce for the unforeseen cyber future? A report titled "India Cybersecurity Services Landscape" by Nasscom-Data Security Council of India (DSCI) predicts that the Indian cybersecurity services industry would grow at a compound annual growth rate (CAGR) of about 21 per cent to touch $13.6 billion by 2025. And by 2022, the industry, which generated a cumulative revenue of about $4.3 billion in 2019, is expected to grow to $7.6 billion. However, around 3.5 million jobs in the cybersecurity space will remain unfilled by the end of 2021.

Most influential people in the world of business

Most influential people in the world of business

Rediff.com17 Apr 2015

Chanda Kochhar is among the three Indians in Time's Most Influential list.

How drones can give wings to farmers

How drones can give wings to farmers

Rediff.com13 Nov 2022

So far, the drones that were considered important for the agriculture sector were nature-made winged-insects - a key component of the bee-based natural pollination cycle. The new-age drone is a whirring machine with rotors that can help farmers plan and grow and manage their crops. For the farm sector in India, which has had low levels of mechanisation, the impact of drones can be tremendous. The use of drones can help it leapfrog to modernisation in the same way that mobile phones helped India overcome its traditional lack of connectivity.

KochharGate: A Litmus Test For CBI

KochharGate: A Litmus Test For CBI

Rediff.com9 Jan 2023

In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry and ICICI Bank's share in the pie is not even 10 per cent. So, if it had a quid pro quo with Chanda to get the money, it must have had similar arrangements with other banks, too. If this is not the case, one must accept that it had got money from all banks, including ICICI, without any under-the-table conditions, points out Tamal Bandyopadhyay.

India Sitting on COVID Time Bomb

India Sitting on COVID Time Bomb

Rediff.com12 Aug 2021

Whether the third wave will ravage us depends on the pace of vaccinations, careful and calibrated opening up of establishments, and a strategy to contain the spread in specific states or pockets.

e-Rupee: An Idea Whose Time Has Come?

e-Rupee: An Idea Whose Time Has Come?

Rediff.com24 Nov 2022

The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.

Can India Deal with Halahal In Amrit Kaal?

Can India Deal with Halahal In Amrit Kaal?

Rediff.com15 Aug 2022

We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.

NEET, Vishwakarma Scheme, And Tamil Angst

NEET, Vishwakarma Scheme, And Tamil Angst

Rediff.com28 Sep 2023

Medical seats for under-graduates and post-graduates remaining vacant in the NEET era, together with the Centre 'freezing' the number of medical colleges and seats in (Dravidian) Tamil Nadu and the launch of the PM's 'Vishwakarma Scheme' for the nation's craftsmen, are all seen as a bid to further reverse the state's progressive socio-economic agenda of and its achievements of the past hundred-plus years, argues N Sathiya Moorthy.

Top US lawmakers praise Modi's leadership

Top US lawmakers praise Modi's leadership

Rediff.com8 Jun 2016

Reflecting a new sense of bonhomie between India and the United States, top American lawmakers on Wednesday praised the leadership of Prime Minister Narendra Modi and underscored that the bilateral relationship has entered a new phase.

E-commerce firms in India form their own lobby group

E-commerce firms in India form their own lobby group

Rediff.com14 Mar 2019

The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others.

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.

From Google to Visa, all phone a friend in US over RBI diktat

From Google to Visa, all phone a friend in US over RBI diktat

Rediff.com21 Jul 2018

Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.

India readying a more transparent gold policy

India readying a more transparent gold policy

Rediff.com31 May 2017

The proposed bullion bank can help settle gold loan accounts in gold terms, and promote existing gold schemes, along with launching schemes including gold-recurring deposits.

Why Cancer Insurance Is A Must

Why Cancer Insurance Is A Must

Rediff.com15 Feb 2023

A person who has cancer and doesn't have any health insurance will find it difficult to buy a regular hospitalisation cover. An indemnity-based cancer plan may cover them.

No red tape but red carpet for investors in Maharashtra: CM

No red tape but red carpet for investors in Maharashtra: CM

Rediff.com30 Jun 2015

Fadnavis, currently on a visit to the US, invited American investments in the infrastructure, agro-processing and manufacturing sectors of his state.

Toy makers face a 'glocal' challenge

Toy makers face a 'glocal' challenge

Rediff.com30 Dec 2022

The Chinese dependence is far from over, industry players are also citing a shortage of electronic toys in the country.

Govt plans short-term foreign trade policy, may release before Sep

Govt plans short-term foreign trade policy, may release before Sep

Rediff.com28 Jul 2022

The government may roll out a new foreign trade policy (FTP) of a shorter term of two-three years in a bid to keep pace with the fast-evolving scenarios in international trade which have been triggered by recent disruptions, such as the pandemic and the Russia-Ukraine war. An FTP is an elaborate policy guideline and strategy to promote the export of goods and services, with a duration of five years usually. The existing policy came into force on April 1, 2015, and was valid for five years, before multiple extensions.

Pakistani umpire Asad Rauf passes away

Pakistani umpire Asad Rauf passes away

Rediff.com15 Sep 2022

Asad Rauf passed away due to a cardiac arrest in Lahore.

India slams UNSC members' 'indifference' in tackling terror

India slams UNSC members' 'indifference' in tackling terror

Rediff.com30 Jun 2015

India has slammed the "indifference" of some UNSC towards restraining terrorists, saying it has questioned the Security Council's ability to combat terrorism.

No compromise on India's sovereignty: Shringla amid standoff

No compromise on India's sovereignty: Shringla amid standoff

Rediff.com4 Sep 2020

He also said it was important that even during the difficult moments of this "crisis" India has been communicating and engaging with China.

Economist Surjit S Bhalla appointed as executive director for India at IMF

Economist Surjit S Bhalla appointed as executive director for India at IMF

Rediff.com1 Oct 2019

Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness.

'Putin won't risk improving relations with Pakistan at India's expense'

'Putin won't risk improving relations with Pakistan at India's expense'

Rediff.com18 Mar 2018

'But Russia is well aware of Pakistan's nuisance power on its border.'

IPL starts March 26; Mumbai, Pune to host matches

IPL starts March 26; Mumbai, Pune to host matches

Rediff.com24 Feb 2022

The 10-team Indian Premier League will kick-off in Mumbai on March 26 and end on May 29, with around 40 percent crowd being allowed at the start of the tournament.

Indian pharma cos get a shot in the arm in $12-bn Australian drug market

Indian pharma cos get a shot in the arm in $12-bn Australian drug market

Rediff.com29 Apr 2022

Indian drug firms get a shot in the arm in the $12 bn Australian drug market as the Therapeutic Goods Administration (TGA), Australia agrees to accelerate the drug approval process in that country for Indian players who already have an approved plant and product from one of the stringent regulatory authorities like US, EU or Canada. From current sales of $340 mn, the Indian firms can see a significant upside in sales; felt Dinesh Dua, former chairman of the Pharmaceutical Exports Promotion Council of India (Pharmexcil), and the MD of Nectar Lifesciences. He highlighted that only 12 percent of the Australian drug market is generic, as against 80-90 per cent in the US or EU. Of this $1.5 bn generic drug market in India, Indian companies have a small share.

'You can't stand on a podium and preach to India'

'You can't stand on a podium and preach to India'

Rediff.com9 Jun 2016

'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.

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.

RSS arm says divestment of Air India, BPCL was 'uncalled for'

RSS arm says divestment of Air India, BPCL was 'uncalled for'

Rediff.com2 Dec 2019

In a resolution passed at its national assembly in Haridwar, the SJM said the Modi government's proposed strategic divestment of PSEs was an "imprudent business decision" and "against national interest".

This man will help Modi govt to transform Indian businesses

This man will help Modi govt to transform Indian businesses

Rediff.com23 Sep 2014

The former McKinsey India head is presently on board of many big Indian conglomerates.

India's COVID vaccine rollout has rescued the world: Top US scientist

India's COVID vaccine rollout has rescued the world: Top US scientist

Rediff.com7 Mar 2021

During the webinar, 'COVID-19: Vaccination and Potential Return to Normalcy - If and When', Dr Hotez, an internationally-recognised physician-scientist in neglected tropical diseases and vaccine development, said that the COVID-19 vaccine rollout is "India's gift' to the world in combating the virus.

India Inc is hiring more contract workers these days

India Inc is hiring more contract workers these days

Rediff.com25 Nov 2019

Lower cost and easier termination may well be among the reasons that companies seek to have employees on contract. The share of employees on contract has increased to 57.3 per cent of the total workforce this year as compared to 53.7 per cent in the previous year.

New Parliament to be constituted before June 1, says CEC Sampath

New Parliament to be constituted before June 1, says CEC Sampath

Rediff.com14 Dec 2013

The next general elections would be held in multiple phases next year and be completed in time to constitute the 16th Lok Sabha by June 1, Chief Election Commissioner V S Sampath has said.

US entrepreneurs expect Modi to revive business relations

US entrepreneurs expect Modi to revive business relations

Rediff.com21 May 2014

India needs to get back to economic growth of seven to 10 per cent growth.

Modi arrives in Bishkek to 'strengthen India's ties with SCO nations'

Modi arrives in Bishkek to 'strengthen India's ties with SCO nations'

Rediff.com13 Jun 2019

Modi, in a statement before his two-day visit to Bishkek from June 13-14, said that on the sidelines of the SCO Summit, he also plans to meet several leaders, including Russian President Vladimir Putin and Chinese President Xi Jinping.

Sushil Modi seeks law to fix uniform age of marriage for all women

Sushil Modi seeks law to fix uniform age of marriage for all women

Rediff.com20 Dec 2022

Modi said different laws related to Hindus, Christians and Parsis and the Special Marriage Act 1954 has determined minimum marriage age of 18 years for a woman and 21 years for man but the Muslim Personal Law holds marriage of a girl legal after she has attained puberty.