News for 'US International Trade Commission'

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.

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.'

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.

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.

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.

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.

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.

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.

 FTC concerned about Google's proposed AdMob buy

FTC concerned about Google's proposed AdMob buy

Rediff.com7 Apr 2010

The US Federal Trade Commission is understood to be preparing for an antitrust challenge against Internet giant Google's proposed purchase of mobile advertising firm AdMob, a media report says.

Australia education fair in 7 cities

Australia education fair in 7 cities

Rediff.com1 Mar 2007

43 Australian education institutions will participate in a Student Recruitment Programme in New Delhi, Chandigarh, Ahmedabad, Mumbai, Bangalore, Chennai and Hyderabad.

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."

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.

Belgian blow to trade pact

Belgian blow to trade pact

Rediff.com27 Nov 2013

The country has also asked India to further reduce tariffs on goods.

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.

More evil than Google?

More evil than Google?

Rediff.com7 Jul 2007

Google faces mounting criticism on issues from copyright to click fraud. But the search giant isn't the only player in the industry with a dirty record.

Should Facebook be broken up to ensure data safety?

Should Facebook be broken up to ensure data safety?

Rediff.com15 May 2019

The fears arise from Facebook's handling of user data and potential privacy violations, more specifically the Cambridge Analytica scandal.

'Indian Navy will protect India's trade and economic interests'

'Indian Navy will protect India's trade and economic interests'

Rediff.com17 Sep 2020

'The Chinese navy is large and expanding both in numbers and capability by the day.' 'India too must take measures to safeguard its own interests, now and in the future.'

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.

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.

Sri Lanka: 'Political stability must be restored'

Sri Lanka: 'Political stability must be restored'

Rediff.com7 May 2022

'For the common man, the economic conditions are not going to get better.'

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.

Ela Bhatt, whose SEWA empowered unorganised women workers, passes away

Ela Bhatt, whose SEWA empowered unorganised women workers, passes away

Rediff.com2 Nov 2022

Renowned women's rights activist and founder of the Self Employed Women's Association (SEWA) Ela Bhatt passed away in Ahmedabad on Wednesday due to age-related ailments, her associates said.

States given 1.28 cr PPEs, 3 cr N95s, 10 cr HCQ tablets: Centre

States given 1.28 cr PPEs, 3 cr N95s, 10 cr HCQ tablets: Centre

Rediff.com13 Aug 2020

In addition, 22,533 'Make in India' ventilators have been delivered to various states, Union territories and central institutions, the ministry said, adding that the Centre is also ensuring the installation and commissioning of the machines.

Can trade do for India-Pak ties what politicians have failed to do?

Can trade do for India-Pak ties what politicians have failed to do?

Rediff.com4 Sep 2015

Since multilateral trade creates a stable, peaceful world, normalisation of bilateral trade between India and Pakistan will start a series of peace building measures, especially along the bordering areas of both states which is the worst affected from the on-going conflict, say Riya Sinha and Shehzad Poonawalla.

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.

India hosts grand G20 Summit: What's on agenda

India hosts grand G20 Summit: What's on agenda

Rediff.com9 Sep 2023

The summit is being attended by more than 30 heads of state and top officials from the European Union and invited guest countries and 14 heads of international organisations.

USIBC urges India, US to strengthen partnership

USIBC urges India, US to strengthen partnership

Rediff.com13 Feb 2014

US India Business Council has urged New Delhi and America to take steps to strengthen bilateral trade relationship to realise their 'true business potential'.

Pharma license: Why US has no right to flex its muscle

Pharma license: Why US has no right to flex its muscle

Rediff.com20 Mar 2014

The United States 'is leading the world in the use of compulsory licenses, and is hypocritical in voicing indignance when developing countries issue compulsory licenses for essential drugs,' Washington-based Knowledge Ecology International, with its offices in Geneva, has alleged.

G20 Presidency: Time To Taper Expectations

G20 Presidency: Time To Taper Expectations

Rediff.com1 Sep 2023

India's role as a leader of the global south may require it to give up its ambition to serve as a bridge between the warring halves of the international community, points out Mihir S Sharma.

Monsoon session of Parliament begins today, set to be stormy

Monsoon session of Parliament begins today, set to be stormy

Rediff.com20 Jul 2023

Parliamentary Affairs Minister Prahlad Joshi has said that 31 bills will be taken up in the monsoon session. Among these include the Digital Personal Data Protection Bill, 2023.

Russian Oil: India Beats China In February

Russian Oil: India Beats China In February

Rediff.com15 Mar 2023

India was the world's biggest importer of Russian oil in February, exceeding China by 20 million barrels.

iPhone privacy: Apple grapples with internal conflicts

iPhone privacy: Apple grapples with internal conflicts

Rediff.com21 Mar 2016

Apple is loathe to use customer data to deliver targeted advertising.

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Rediff.com17 May 2023

His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

Rediff.com31 Dec 2022

Sharma was the president of the conference, the first since the Paris Agreement of COP21 that expected parties to make enhanced commitments towards mitigating climate change.

Local agents shine in global insurance

Local agents shine in global insurance

Rediff.com27 Oct 2007

The total number of Indian agents registering with the Million Dollar Round Table (MDRT), a prestigious international trade association of insurance agents, has more than tripled to 1,931 agents for 2007 compared with 532 in 2006. To qualify for the MDRT, an Indian insurance agent has to get a premium (read business) of Rs 23.92 lakh to his insurance company or earn a commission of Rs 5.98 lakh.

Key lessons for the new 'Planning Commission'

Key lessons for the new 'Planning Commission'

Rediff.com12 Sep 2014

Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.

'Narasimha Rao was a prime minister with an open mind'

'Narasimha Rao was a prime minister with an open mind'

Rediff.com2 May 2023

'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'

Farm laws: Centre to take states route

Farm laws: Centre to take states route

Rediff.com29 Nov 2021

'As far as contract farming is concerned, we already have a model Act and states will be encouraged to adopt them.'