News for 'US Trade Commission'

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.

Shah Rukh Khan ordered to give money back to Byju's student

Shah Rukh Khan ordered to give money back to Byju's student

Rediff.com28 Apr 2023

In its order passed on Wednesday, the commission said Rs 1.08 lakh in fees deposited by complainant Priyanka Dixit at the time of admission in 2021 must be returned along with 12 per cent annual interest, while Rs 5,000 must be given to her as litigation cost and Rs 50,000 as compensation for financial and mental agony.

Crypto Investments: Brace For Volatility, Regulation Threat

Crypto Investments: Brace For Volatility, Regulation Threat

Rediff.com24 Jan 2024

Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.

Some business practices of Google under lens

Some business practices of Google under lens

Rediff.com26 Apr 2013

CCI had initiated investigation into alleged anti-competitive practices by Google.

'Deal is done': UK, EU clinch post-Brexit free trade agreement

'Deal is done': UK, EU clinch post-Brexit free trade agreement

Rediff.com24 Dec 2020

'We have got Brexit done and we can now take full advantage of the fantastic opportunities available to us as an independent trading nation, striking trade deals with other partners around the world,' Downing Street said in a statement.

Talks fail, farmers to march to Parliament today

Talks fail, farmers to march to Parliament today

Rediff.com13 Feb 2024

Farmers will march towards Delhi on Tuesday after a meeting with two Union ministers over their demands, including legal guarantee to minimum support price (MSP) for crops, remained inconclusive.

2024 LS polls to be costliest ever at Rs 1.35 lakh cr

2024 LS polls to be costliest ever at Rs 1.35 lakh cr

Rediff.com25 Apr 2024

'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'

The major decisions taken by the GST Council

The major decisions taken by the GST Council

Rediff.com22 Jun 2024

In order to reduce government litigations, the Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council has fixed a monetary limit for filing appeals by the tax department before the various appellate authorities. It has recommended a monetary limit of Rs 20 lakh for GST Appellate Tribunal, Rs 1 crore for the High Court and Rs 2 crore for the Supreme Court for filing of appeals by the department before these legal forums, she said after the 53rd GST Council meeting held in New Delhi.

G20: India-Middle East-Europe connectivity corridor announced

G20: India-Middle East-Europe connectivity corridor announced

Rediff.com9 Sep 2023

Modi said today "we all have reached an important and historic partnership".

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.

Sun Pharma gets US FTC nod for Taro open offer

Sun Pharma gets US FTC nod for Taro open offer

Rediff.com14 Aug 2008

In a filing to the Bombay Stock Exchange, Sun Pharma said the US Federal Trade Commission (FTC) has granted early termination of the anti-trust waiting period for the previously announced tender offer by its subsidiary Alkaloida Chemical Company Exclusive Group Ltd. Last month the Mumbai-based firm had launched an open offer at a price of $7.75 per share to acquire all outstanding shares of Taro, including all of the founders' shares.

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.

If Modi Wants A Full Term...

If Modi Wants A Full Term...

Rediff.com17 Jun 2024

It will be in Modi's interest to reinvent his party, read the writing on the wall that voters wrote, and move ahead. He has little choice now. The country is watching, asserts Ramesh Menon.

Montek bats for spectrum trading

Montek bats for spectrum trading

Rediff.com8 Apr 2013

Says tradability will ensure greater economic efficiency & higher revenues for the government.

NHRC team visits Sandeshkhali amid fresh protests

NHRC team visits Sandeshkhali amid fresh protests

Rediff.com23 Feb 2024

A team of National Human Rights Commission (NHRC) on Friday held on-spot inquiries in Sandeshkhali to ascertain facts about alleged sexual abuse by some Trinamool Congress leaders even as fresh agitation rocked the trouble-torn village, where locals torched the property of accused Trinamool leaders and held demonstrations against the delay in arresting the main accused, Shahjahan Sheikh.

US think tank seeks suspension of trade policies with India

US think tank seeks suspension of trade policies with India

Rediff.com15 May 2013

From Lalit K Jha Washington, May 15 (PTI) Alleging that recent trade policies of India are jeopardising its trade ties with the US, a Washington-based think tank has recommended the Congress to suspend trade benefits for New Delhi. "To be clear, a strong, growing, and collaborative trade relationshi ...

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.

Farmers not to embark on march to Delhi till Feb 29

Farmers not to embark on march to Delhi till Feb 29

Rediff.com23 Feb 2024

Farmers protesting to press the Centre for their various demands will stay put at the two protest sites on the Punjab-Haryana border till February 29 when the next course of action will be decided, their leader Sarwan Singh Pandher said on Friday.

Indian govt prepares to battle US pressure on trade laws

Indian govt prepares to battle US pressure on trade laws

Rediff.com22 Apr 2014

A certain segment of the US pharma industry have become vocal about Indian policies on domestic content requirements and IPR.

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.

India set to take on US over probe into IPR laws

India set to take on US over probe into IPR laws

Rediff.com24 Feb 2014

To deny visa to trade officials planning to scrutinise country's trade and industrial practices.

In line with G20 countries, India may move away from Wholesale Price Index

In line with G20 countries, India may move away from Wholesale Price Index

Rediff.com11 Dec 2023

The official said that the National Statistical Commission (NSC) is examining the working group report on the roadmap for introducing the PPI and their recommendations are awaited. "It is with Statistical Commission, so we will wait for the panel recommendation," the official, who did not wish to be named, said.

GOAT, Vijay's Failed Political Launch Vehicle

GOAT, Vijay's Failed Political Launch Vehicle

Rediff.com9 Sep 2024

Vijay has a lot of young and middle-aged women fans, but as voters, they are possibly now with the DMK, or remain with the AIADMK. Recapturing this constituency would have helped Vijay's political launch and the GOAT script and dialogues could have gone a long way in helping out. But the kind of script and screenplay and the unusually and equally unnecessary long run-time (3 hours, 3 minutes) that GOAT offers takes the film experience over the heads of those that are not familiar with secret agents and uranium theft in Tamil cinema, observes N Sathiya Moorthy.

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.

BJP, Congress trade barbs over electoral bonds

BJP, Congress trade barbs over electoral bonds

Rediff.com21 Nov 2019

The issue of electoral bonds has snowballed into a political flashpoint after following reports that said the Reserve Bank of India and Election Commission had reservations against them but they were overrule by the Modi government.

India's New Silk Route

India's New Silk Route

Rediff.com9 Oct 2023

The enduring legacy of trade routes lies in shared stories and religious diversity. Can the India-Middle East-Europe Economic corridor harness this legacy to empower nations, asks Arundhuti Dasgupta.

'Modi will win with largest majority ever recorded'

'Modi will win with largest majority ever recorded'

Rediff.com25 May 2024

Ron Somers, founder and CEO of India First Group and the former President of leading business advocacy group US-India Business Council said that when Lok Sabha election results are declared on June 4, "I believe that Narendra Modi will win Parliament by the largest majority ever recorded in the country's history.

Futures trading in electricity banned

Futures trading in electricity banned

Rediff.com27 Aug 2010

Commodity market regulator Forward Markets Commission has banned futures trading in electricity owing to poor volumes of trade.

Free trade: EU, US to launch negotiations

Free trade: EU, US to launch negotiations

Rediff.com14 Feb 2013

The negotiations on a EU-US FTA will set the standards not only for the future transatlantic trade and investment, including regulatory issues, but also for the development of global trade rules.

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Rediff.com10 Dec 2020

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.

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.

FTX Failure: Lessons To Be Learnt

FTX Failure: Lessons To Be Learnt

Rediff.com16 Dec 2022

Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.

BJP Luminaries Gather In Varanasi

BJP Luminaries Gather In Varanasi

Rediff.com27 May 2024

The electoral battle in Varanasi, according to locals and political experts, is not about whether the PM will win for a third successive occasion, but if he will increase his share of the votes polled and his win margin.

Tuesday tussle: Will Oppn deny Modi a chance to equal Nehru's record?

Tuesday tussle: Will Oppn deny Modi a chance to equal Nehru's record?

Rediff.com3 Jun 2024

Though electoral verdicts have historically been accepted, even though grudgingly, by all parties, there has been a sharper edge to the questions being raised by Opposition parties this time over the polling process, including the Election Commission.

Walmart-Flipkart deal: All-India trade bandh on Sep 28

Walmart-Flipkart deal: All-India trade bandh on Sep 28

Rediff.com5 Sep 2018

CAIT had last month also filed a petition in National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India's decision to approve the deal.

3 Indians charged in insider trading ring spanning three countries

3 Indians charged in insider trading ring spanning three countries

Rediff.com7 Dec 2018

Between December 2013 and August 2016, Gannamaneni abused his position as a senior software consultant at the investment bank and accessed sensitive, highly-confidential information concerning at least 40 mergers, acquisitions, tender offers

BJP fields 6 disqualified Cong MLAs in HP, upsets partymen

BJP fields 6 disqualified Cong MLAs in HP, upsets partymen

Rediff.com26 Mar 2024

The Bharatiya Janata Party on Tuesday named its candidates for assembly bypolls in several states, fielding six disqualified MLAs of the Himachal Pradesh assembly in the state days after they joined the party after leaving the Congress.

Merger of Credit Suisse with UBS Group cleared

Merger of Credit Suisse with UBS Group cleared

Rediff.com18 May 2023

Fair-trade regulator Competition Commission of India (CCI) on Thursday cleared the proposed merger of Credit Suisse Group AG with UBS Group AG. Both Credit Suisse Group AG (Credit Suisse) and UBS Group AG (UBS) are multinational investment banks and financial services companies founded and based in Switzerland.

Discount vs traditional brokers: Cost dynamics, challenges ahead

Discount vs traditional brokers: Cost dynamics, challenges ahead

Rediff.com9 Oct 2023

The equity cult has grown at a rapid pace in India in the last few years, with retail investors latching on to the stock markets like never before. At 126.6 million, the number of dematerialised (demat) accounts, where investors hold their securities in electronic form for trading purposes, are at record high levels. The growth rate, on an annualised basis, stood at 27 per cent in 2022-2023, up from barely 6 per cent a decade ago.

Competition Commission suggests changes to Sun-Ranbaxy deal

Competition Commission suggests changes to Sun-Ranbaxy deal

Rediff.com1 Dec 2014

After a detailed scrutiny, fair trade watchdog CCI has suggested Sun Pharma and Ranbaxy to make certain changes in their proposed $4 billion merger deal, including possible divestment of some brands, to address anti-competitive concerns.