News for 'US International Trade Commission'

Kolkata Firms Who Bought Electoral Bonds

Kolkata Firms Who Bought Electoral Bonds

Rediff.com25 Mar 2024

Trinamool Congress is the second highest recipient of political donations through electoral bonds.

Power Grid Corporation stock in expensive zone

Power Grid Corporation stock in expensive zone

Rediff.com12 Jun 2024

Power Grid Corporation of India (PGCIL) was one of the top Sensex gainers in trade on Monday, ending with gains of nearly 9 per cent. The stock has gained about 42 per cent year-to-date. For the March quarter, the company reported a revenue of Rs 12,000 crore, which was down 3 per cent year-on-year (Y-o-Y) but up 4 per cent quarter-on-quarter (Q-o-Q). The drop was on account of one-time arrears related to the Nagapattinam tariff bid competitive bidding (TBCB) project in Q4 FY23.

'Unemployment Is A Ticking Time Bomb!'

'Unemployment Is A Ticking Time Bomb!'

Rediff.com8 Aug 2024

'The government should come back as a job creator as it did in the 1960s and the 1970s.'

FSSAI launches probe into MDH and Everest products

FSSAI launches probe into MDH and Everest products

Rediff.com23 Apr 2024

The Food Safety and Standards Authority of India (FSSAI) has commissioned a quality check on MDH and Everest products. This follows complaints that several popular spice mixes of the two leading brands contained traces of ethylene oxide more than the permissible levels, official sources said. This move by FSSAI comes after Hong Kong and Singapore recalled variants of the two masala majors' products in their countries.

Indian crypto firms welcome US SEC approval for bitcoin ETF

Indian crypto firms welcome US SEC approval for bitcoin ETF

Rediff.com12 Jan 2024

The securities regulator's approval for the first US-listed exchange traded funds (ETF) to track bitcoin has given Indian cryptocurrency companies hope that the move would create domestic support for the digital assets. The US Securities and Exchange Commission (SEC) on Thursday approved 11 ETFs for bitcoin, perhaps the most popular virtual currency. It would enable investors to access bitcoin without challenges such as setting up wallets or accounts with crypto exchanges that have previously suffered cyberattacks or implosion.

Power Grid Corporation's prospects factored in at current valuations

Power Grid Corporation's prospects factored in at current valuations

Rediff.com8 Mar 2024

Power Grid Corporation (PGCIL) intends to ramp up its capex substantially through the next two financial years. The Public Sector Undertaking (PSU) utility posted flat consolidated revenues of Rs 10,700 crore in the third quarter of the current financial year (Q3FY24) and reported 7 per cent year on year (Y-o-Y) growth in net profit to Rs 4,000 crore. The Q3FY24 capex stood at Rs 3,440 crore and capitalisation at Rs 1,780 crore, taking the 9MFY24 total to Rs 8,700 crore capex and Rs 5,800 crore capitalisation, respectively.

US judge finds Mahindra Roxor violates Jeep's design

US judge finds Mahindra Roxor violates Jeep's design

Rediff.com29 Nov 2019

Mahindra & Mahindra on Friday said a judge of the US International Trade Commission has found that its off-road vehicle Roxor violated Fiat Chrysler Automobile's (FCA) Jeep 'trade dress' and recommended an exclusion order prohibiting import and sale of any already imported parts of the vehicle.

Who Can Dethrone The US Dollar?

Who Can Dethrone The US Dollar?

Rediff.com24 Jul 2023

Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.

Imports of California walnut rise after India removes tariff

Imports of California walnut rise after India removes tariff

Rediff.com8 Jan 2024

The California walnuts shipped from the US to India have seen a sharp uptick with imports more than doubling from September to November against the same period last year. This comes after New Delhi removed its retaliatory customs tariffs on the key dry fruit. Two days ahead of US President Joe Biden's visit to New Delhi to attend the G20 Summit on September 9-10, India dropped additional customs duties on about half a dozen US goods that were imposed in 2019 in response to America raising tariffs on certain steel and aluminum products coming from India.

PM Modi is all set to resume international travel, first call Dhaka

PM Modi is all set to resume international travel, first call Dhaka

Rediff.com3 Mar 2021

Now that the vaccination drive is in full force and Covid-19 restrictions are easing up, Prime Minister Narendra Modi is expected to follow a busy diplomatic calendar in the coming days.

Devas-Antrix Deal: International Tribunal asks India to pay damages

Devas-Antrix Deal: International Tribunal asks India to pay damages

Rediff.com28 Jul 2016

An international tribunal has ruled that the Indian government had acted "unfairly" and "inequitably" in annulling a contract between Devas and ISRO's commercial arm Antrix.

Putin's North Korea Gamble

Putin's North Korea Gamble

Rediff.com26 Jun 2024

Russia's unprecedented rapprochement with North Korea has raised concerns about the re-emergence of a Russia-China-North Korea alliance which could increase the probability of conflict on the Korean Peninsula, explains Dr Rajaram Panda.

AI move to withdraw agency commission draws flak

AI move to withdraw agency commission draws flak

Rediff.com23 Jun 2008

However, the move may make travel by Air India costlier as travel agents would then charge a transaction fee from passengers to compensate for the withdrawn commission. "It has become necessary to review the remuneration pattern offered to our travel trade partners," an Air India circular dated June 20 and addressed to various travel bodies, said.

Why India is worried about EU's draft due diligence law

Why India is worried about EU's draft due diligence law

Rediff.com6 Jul 2023

It aims at tackling issues such as child labour, mistreatment of workers, and denial of basic wages, among others. There will also be penalties for non-compliance.

Before Obama visit, US drug firms lobby for ease of doing business

Before Obama visit, US drug firms lobby for ease of doing business

Rediff.com5 Jan 2015

Unlike India, the US is a free-pricing market.

Horse-trading, cross-voting fears as 4 states head to RS polls

Horse-trading, cross-voting fears as 4 states head to RS polls

Rediff.com9 Jun 2022

Polling for 16 Rajya Sabha seats in four states will be held on Friday amid allegations of attempts at horse-trading by rival parties which have corralled their MLAs in hotels and scenic resorts, prompting the Election Commission to appoint special observers and order videography of the entire exercise.

PM urged to reject US pressure tactics on trade, biz policies

PM urged to reject US pressure tactics on trade, biz policies

Rediff.com28 Mar 2014

The unilateral pressure by US administration on India, at the behest of US Business Associations lobby through US International Trade Commission investigations and request to USTR to enlist India under Priority Foreign Country under Special 301 review, lacks legitimacy under WTO framework, the signatories to the letter said.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

Kashmir: Vote For Hope After A Long Decade

Kashmir: Vote For Hope After A Long Decade

Rediff.com13 May 2024

It's just not a date. It's just not about selecting a candidate. It's not about helping some candidate win. It's about expressing emotion, after ten years, that could reach out in India and beyond it, notes Sheela Bhatt.

G20 Summit: World leaders gather at Bharat Mandapam

G20 Summit: World leaders gather at Bharat Mandapam

Rediff.com9 Sep 2023

Prime Minister Narendra Modi on Saturday welcomed a host of world leaders, including United States President Joe Biden and United Kingdom Prime Minister Rishi Sunak, at the Bharat Mandapam, the venue of the G20 Summit.

India won't participate in US probe on IPR

India won't participate in US probe on IPR

Rediff.com1 May 2014

India is not so keen to co-operate with the US on IPR related probe.

Air India-Vistara merger deal under CCI scanner

Air India-Vistara merger deal under CCI scanner

Rediff.com27 Jun 2023

Competition Commission of India (CCI) has issued a show cause notice to the parties with respect to the proposed merger of Tata Group airlines Vistara and Air India, according to a source. The fair trade watchdog issues notice asking why an investigation should not be initiated only after forming a prima-facie opinion that the deal could adversely impact competition in the marketplace. Vistara and Air India are the two full-service carriers that are part of the Tata Group, and Singapore Airlines holds a 49 per cent stake in Vistara.

Govt close to finalising e-commerce policy: DPIIT secy Rajesh Kumar Singh

Govt close to finalising e-commerce policy: DPIIT secy Rajesh Kumar Singh

Rediff.com12 May 2023

The government is at a "fairly advanced stage" of finalising a well-coordinated e-commerce policy and consumer protection rules, which will incorporate provisions of Open Network for Digital Commerce (ONDC), Department for Promotion of Industry and Internal Trade (DPIIT) secretary Rajesh Kumar Singh said on Thursday. "E-commerce rules and e-commerce policy will be congruent with each other... That exercise is at a fairly advanced stage," Singh told reporters. The remarks come on a day the number of daily transactions on the platform has gone up 500 times since the beginning of this year with the number of retail merchants added to its roster growing 40-fold.

NEP Opens Doors For Foreign Universities

NEP Opens Doors For Foreign Universities

Rediff.com21 Jun 2022

'We are receiving a steady stream of interest from well-established foreign universities.'

Dubai overtakes Heathrow as top international airport

Dubai overtakes Heathrow as top international airport

Rediff.com27 Jan 2015

70.5 million passengers passed through it last year

US visa curbs on Indian IT biz may hit bilateral ties

US visa curbs on Indian IT biz may hit bilateral ties

Rediff.com8 Aug 2014

United States Border Security, Economic Opportunity and Immigration Modernisation Bill, 2013 has not yet been enacted.

Coming Soon! The Bullet Train!

Coming Soon! The Bullet Train!

Rediff.com5 Mar 2024

With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.

EU Commission to propose scrapping jet fuel tariffs

EU Commission to propose scrapping jet fuel tariffs

Rediff.com18 Oct 2013

The European Commission will propose scrapping tariffs on jet fuel imports starting January 1, an official said on Friday.

Sebi keen to curb insider trading

Sebi keen to curb insider trading

Rediff.com3 Apr 2003

Trade fair for Diaspora in Malaysia

Trade fair for Diaspora in Malaysia

Rediff.com29 May 2003

Pros & cons of allowing FIIs to trade on Indian commodity bourses

Pros & cons of allowing FIIs to trade on Indian commodity bourses

Rediff.com2 Jan 2015

The RBI is considering permitting FII and commercial banks to trade on Indian commodity exchanges.

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."

Ola may put international expansion plans in neutral gear

Ola may put international expansion plans in neutral gear

Rediff.com13 Jun 2019

Ola was supposed to expand to the Netherlands, Kenya, Dubai, Israel, and Brazil.

Uzbekistan invites India's EC to witness April 30 referendum

Uzbekistan invites India's EC to witness April 30 referendum

Rediff.com12 Apr 2023

Uzbekistan's ambassador to India Dilshod Akhatov said on Tuesday that constitutions of 190 countries, including that of India, were studied to bring in holistic and comprehensive changes to the Constitution of the country.

When ISI Alerted India About Terror Plot!

When ISI Alerted India About Terror Plot!

Rediff.com2 Feb 2024

The ISI was taking no chances and wanted no repeat of Pulwama; it wanted to make it clear at a political level it was not involved with the revenge attack being planned, but was only giving India a friendly tip-off. A stunning excerpt from Ambassador Ajay Bisaria's Anger Management: The Troubled Diplomatic Relationship between India and Pakistan.

Pak planning to shut airspace, trade route for India

Pak planning to shut airspace, trade route for India

Rediff.com27 Aug 2019

The country opened its airspace for all flights except for New Delhi, Bangkok and Kuala Lumpur on March 27.

Australia-India trade records nearly 14% drop

Australia-India trade records nearly 14% drop

Rediff.com18 Jun 2014

The decline in the trade has been attributed to factors like drop in gold imports from Australia, decline in coal prices as well as slowing down of the Indian economy.

Canada withdraws 41 diplomats from India amid row

Canada withdraws 41 diplomats from India amid row

Rediff.com20 Oct 2023

Canada will be pausing all in-person services at the consulates in Chandigarh, Mumbai and Bengaluru and is now directing all Canadians in India to the High Commission in New Delhi.

3 Indian-Americans charged in insider trading scheme

3 Indian-Americans charged in insider trading scheme

Rediff.com14 Jun 2014

The SEC's complaint charges Khan, Chaganlal, Mendonsa, and Akbari with violating the antifraud provisions of the federal securities laws.

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.