News for 'US Trade Commission'

Russia to formally annex 4 Ukraine regions on Friday amid global protests

Russia to formally annex 4 Ukraine regions on Friday amid global protests

Rediff.com29 Sep 2022

The referendum by the Russian authorities on the annexation of occupied territories of Ukraine was largely seen as a "sham referendum" and has been widely criticised by various countries.

Shrimp exporters to fight US

Shrimp exporters to fight US

Rediff.com17 Jan 2004

FM asks trade unions to help GDP grow by additional 1.5%

FM asks trade unions to help GDP grow by additional 1.5%

Rediff.com31 Dec 2015

Jaitley said India needed to grow by additional 1-1.5%.

Insider trading charge: Menezes to pay $2.5 mn

Insider trading charge: Menezes to pay $2.5 mn

Rediff.com2 Feb 2006

SEC charged that Menezes, who retired in 2005 as senior vice chairman of Citigroup, allegedly sold Citigroup stock just before the April 15, 2002 company announcement about significant losses in its Argentine operations.

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.

2 Senas observe 'Traitors Day' vs 'Self-Respect Day'

2 Senas observe 'Traitors Day' vs 'Self-Respect Day'

Rediff.com20 Jun 2023

The two rival Senas took over each other a day after the party's 57th foundation day celebrations which saw Thackeray and Shinde holding separate events in Mumbai and trading charges.

Blow for MVA as BJP wins 3 RS seats in Maharashtra

Blow for MVA as BJP wins 3 RS seats in Maharashtra

Rediff.com11 Jun 2022

In a major setback to Maharashtra's ruling alliance of Shiv Sena, Nationalist Congress Party and Congress, the Bharatiya Janata Party on Saturday won three of the six Rajya Sabha seats, while the ruling combine questioned the eight-hour delay in counting of votes.

Google's 'castle and moat' strategy is data hegemony: CCI

Google's 'castle and moat' strategy is data hegemony: CCI

Rediff.com16 Mar 2023

Fair trade regulator CCI on Thursday alleged that Google has created a digital data hegemony and called for a market space with "free, fair and open competition". Concluding the arguments of the Competition Commission of India (CCI) before the appellate tribunal NCLAT in the Google matter, Additional Solicitor General N Venkataraman said a market with greater freedom for all players would be in total sync with principles of free competition rather than the 'walled garden' approach of the internet major. On October 20 last year, the CCI slapped a penalty of Rs 1,337.76 crore on Google for anti-competitive practices in relation to Android mobile devices.

Trade watchdog seeks explanation on Jet, Etihad pact

Trade watchdog seeks explanation on Jet, Etihad pact

Rediff.com12 Dec 2013

The deal, involving Abu Dhabi carrier Etihad's purchase of 24 per cent stake in Naresh Goyal-led Jet Airways, was approved last month by the Competition Commission of India.

At $4.3 bn, imports from Russia jump nearly 7 times in June

At $4.3 bn, imports from Russia jump nearly 7 times in June

Rediff.com20 Aug 2022

India imported goods worth $4.23 billion in June from sanctions-hit Russia, up 6.8 times as compared to last year, as demand for shipments of crude oil grew at the fastest pace during the month. Crude oil worth $3.02 billion was imported in June, which translates into a share of 71 per cent of the total imports from Russia, commerce and industry ministry data showed. Similarly, during the April-June quarter, India's imports from Russia were valued at $9.27 billion, up 369 per cent on year.

What Are The Aims Of India's Indo-Pacific Policy?

What Are The Aims Of India's Indo-Pacific Policy?

Rediff.com26 Jun 2023

India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.

Google faces anti-trust probes in India

Google faces anti-trust probes in India

Rediff.com30 Oct 2013

Internet major Google is facing probes by fair trade regulators in India, Europe and three other jurisdictions for alleged anti-competitive practices.

Sulking MLAs meet Gehlot, to go to Udaipur with him

Sulking MLAs meet Gehlot, to go to Udaipur with him

Rediff.com5 Jun 2022

Rajendra Gudha, Sandeep Yadav, Wajib Ali, Lakhan Meena, (Bahujan Samaj Party turned Congress MLAs), Girraj Singh Malinga and Khiladi Lal Bairwa met Gehlot, the sources said.

'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.'

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Rediff.com20 Apr 2023

The submissions were made by the CBI in a short written reply while opposing the senior Aam Aadmi Party leader's bail plea, which it said was devoid of any merit and was an attempt to misuse the intricacies of law to thwart the progress of investigation in the case.

21 die in Bihar hooch tragedy; triggers political slugfest

21 die in Bihar hooch tragedy; triggers political slugfest

Rediff.com14 Dec 2022

Sale and consumption of alcohol was completely banned in Bihar by the Nitish Kumar government in April, 2016.

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.

Insurance: Understand Policy Coverage

Insurance: Understand Policy Coverage

Rediff.com19 Nov 2021

The National Commission ruled that a person must opt for a policy and submit the proposal form after acquainting himself with the terms and scope of coverage to determine where it would be suitable and adequate.

Trade watchdog begins public scrutiny of Sun-Ranbaxy deal

Trade watchdog begins public scrutiny of Sun-Ranbaxy deal

Rediff.com4 Sep 2014

The comments need to be submitted to the Competition Commission of India within 15 days, along with supporting documents on how the merger can adversely impact the concerned person or entity, the regulator said, while adding that it would not consider 'unsubstantiated objections' to the deal.

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.

Despite NCLT setback, analysts remain positive on Zee Entertainment

Despite NCLT setback, analysts remain positive on Zee Entertainment

Rediff.com3 Mar 2023

The National Company Law Tribunal's (NCLT's) declaration that Zee Entertainment is bankrupt adds a new measure of uncertainty to the proposed merger with Sony. Three entities -- Aditya Birla Finance, IndusInd Bank and YES Bank -- have filed appeals in the NCLT for recoveries of Rs 130 crore, Rs 90 crore and Rs 540 crore, respectively. The money was borrowed by a related party - Siti cable - and not returned. Zee was a corporate guarantor.

Former top AI executives trade charges

Former top AI executives trade charges

Rediff.com23 Oct 2013

Air India's former executive director Jitender Bhargava feels the airline should oppose the Tata-Singapore Airline plan to set up a hub in Delhi.

HDFC Bank to acquire 4.99% stake in HDFC ERGO

HDFC Bank to acquire 4.99% stake in HDFC ERGO

Rediff.com25 Oct 2021

Fair trade regulator CCI on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company. In June, HDFC Bank had said its board has given approval to buy more than 3.55 crore shares in group firm HDFC ERGO General Insurance Company for over Rs 1,906 crore from the parent company Housing Development Finance Corporation (HDFC).

Meiyappan's role in IPL scam is like insider trading: SC

Meiyappan's role in IPL scam is like insider trading: SC

Rediff.com25 Nov 2014

The Supreme Court on Tuesday said Narayanaswami Srinivasan's son-in-law Gurunath Meiyappan's role in the Indian Premier League betting and spot-fixing scandal seems like "insider trading" and agreed to hear a plea to make public the names of cricketers who were mentioned in the Justice Mudgal Committee report.

Power stocks to stay charged as heat wave sweeps India, say analysts

Power stocks to stay charged as heat wave sweeps India, say analysts

Rediff.com5 May 2023

As temperatures soar across the country, amid searing heat wave, analysts see power demand hitting fresh record highs this year. The time, therefore, may be opportune to add related stocks on dips as higher demand boosts earnings visibility, they said. On April 18, India's electricity demand touched a new high of 216 gigawatts.

Visa on time: Embassies work to meet spike in applications by Indians

Visa on time: Embassies work to meet spike in applications by Indians

Rediff.com21 Jun 2022

Visa delays have perturbed Indian visitors this summer. But a solution could be in sight soon, as embassies gear up to address the challenges caused by a spike in applications and staff shortages. While the British High Commission has said it is working urgently to reduce the current visa processing time, the German Embassy has introduced extra shifts to process more visas. However, appointments with the latter are fully booked till August-end due to high volumes.

DGGI cracks down on crypto exchanges: Rs 70 cr tax evasion detected

DGGI cracks down on crypto exchanges: Rs 70 cr tax evasion detected

Rediff.com2 Jan 2022

After the massive tax evasion of GST by cryptocurrency service provider WazirX, the Directorate General of GST Intelligence has come down heavily on cryptocurrency exchanges operating in the country, said sources. "Around half a dozen offices of cryptocurrency service providers have been searched and massive Goods and Service Tax (GST) evasion has been detected by DGGI," sources told ANI. Crypto wallet and exchange are platforms where merchants and consumers can transact with digital assets like bitcoin, ethereum, ripple, etc.

'He will move to a new Parliament on Ganesh Chaturthi'

'He will move to a new Parliament on Ganesh Chaturthi'

Rediff.com14 Sep 2023

'The Constitution of India is a stumbling block. So, they want a Presidential mode of election.' 'This is the sole purpose of the BJP to go for one nation, one election.'

Double taxation relief for Indian IT cos in Australia

Double taxation relief for Indian IT cos in Australia

Rediff.com11 Apr 2022

In a major relief to Indian information technology (IT) companies operating in Australia, Canberra has agreed to amend its domestic laws to stop taxing offshore income of such Indian companies, as part of the free trade deal inked. This may lead to savings up to $200 million each year for over 100 Indian IT companies operating in Australia. "The Government of Australia has agreed to amend the domestic taxation law to stop the taxation of offshore income of Indian firms providing technical services to Australia. "This will resolve the issue that the Indian government has raised about the double taxation avoidance agreement (DTAA) between the two governments for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income," said a commerce ministry official.

Egypt's strategic partnership for India, highest award for Modi

Egypt's strategic partnership for India, highest award for Modi

Rediff.com25 Jun 2023

El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.

Speculation over Soren's fate intensifies as Jharkhand governor flies to Delhi

Speculation over Soren's fate intensifies as Jharkhand governor flies to Delhi

Rediff.com2 Sep 2022

Amid confusion over the continuation of Jharkhand Chief Minister Hemant Soren as an MLA, Governor Ramesh Bais on Friday went to Delhi, a day after ruling United Progressive Alliance MLAs urged him to clear the air over the EC's recommendation on the matter.

Key constituencies to watch in Karnataka vote count

Key constituencies to watch in Karnataka vote count

Rediff.com13 May 2023

As Karnataka gears up for D-Day, with most exit poll projections predicting a hung assembly while putting the Congress in the lead, the outcome will boil down to how the battle for some key constituencies play out.

Jharkhand Guv likely to sign Soren's disqualification order today

Jharkhand Guv likely to sign Soren's disqualification order today

Rediff.com27 Aug 2022

Jharkhand Governor Ramesh Bais is likely to send the order of disqualification of Chief Minister Hemant Soren as an MLA to the Election Commission of India (ECI) on Saturday, Raj Bhavan sources said.

Delhi gasps for breath: Govt orders 50% WFH, primary schools shut

Delhi gasps for breath: Govt orders 50% WFH, primary schools shut

Rediff.com4 Nov 2022

Delhi Chief Minister Arvind Kejriwal announced that primary schools will be closed from Saturday in view of spike in pollution levels in the national capital.

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.

Restaurant that denied entry to saree-clad woman asked to shut

Restaurant that denied entry to saree-clad woman asked to shut

Rediff.com30 Sep 2021

SDMC officials said on Wednesday that a closure notice was issued to the Aquila Restaurant located at Ansal Plaza in Andrews Ganj for operating without a valid licence.

Zomato gets nod to buy 9.3% stake in Grofers

Zomato gets nod to buy 9.3% stake in Grofers

Rediff.com13 Aug 2021

The Competition Commission has approved online food delivery platform Zomato's proposed purchase of 9.3 per cent stake in online grocery shopping player Grofers India. Zomato, last month, said it has invested $100 million (around Rs 745 crore) for acquiring a minority stake in Grofers as the company looks to have more exposure to the online grocery segment. The recently-listed Zomato will acquire 9.3 per cent stake in Grofers India Pvt Ltd and Hands on Trades Pvt Ltd (HoT).

Modi inducts India-built aircraft carrier INS Vikrant into Navy

Modi inducts India-built aircraft carrier INS Vikrant into Navy

Rediff.com2 Sep 2022

Prime Minister Narendra Modi commissioned India's first indigenously designed and built aircraft carrier INS Vikrant in Kochi on Friday, that put India into a select league of countries with domestic capability to build such large war ships.

Modi-Putin summit on Monday, to ink number of pacts

Modi-Putin summit on Monday, to ink number of pacts

Rediff.com4 Dec 2021

In the summit as well as in the inaugural '2+2' defence and foreign ministerial talks, the two sides are also expected to focus on the situation in Afghanistan and the rising threat of terrorism including from groups like Lashkar-e-Taiba and Jaish-e-Mohammed.

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

Rediff.com24 May 2022

As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".