News for 'US Trade Representative'

'They Accept Any Job Because There Is No Job In The Market'

'They Accept Any Job Because There Is No Job In The Market'

Rediff.com31 Jan 2025

'Not only jobs are not being generated, but people are also losing jobs.'

Who Accompanied Modi, Trump?

Who Accompanied Modi, Trump?

Rediff.com17 Feb 2025

Who accompanied Prime Minister Narendra D Modi to his Thursday meeting with US President Donald J Trump in the Oval Office, and who did POTUS bring along?

'India must hit Pakistan hard where it hurts the most'

'India must hit Pakistan hard where it hurts the most'

Rediff.com24 Apr 2025

'We need to raise the costs and consequences for Pakistan. It is long overdue. Our initial surgical strike was effective for about six months. Then, the Balakot strike provided a deterrent for perhaps two to three years. But we cannot operate under the assumption that such limited responses will suffice for decades to come.'

India sees record deal activity in Feb at $7.2 bn

India sees record deal activity in Feb at $7.2 bn

Rediff.com15 Mar 2025

India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said.

Trump's Tariff War: India Waits, Watches

Trump's Tariff War: India Waits, Watches

Rediff.com3 Feb 2025

'We have to be prepared for the larger disruption that is likely to take place.'

Indirect tax to rise by 8.3%, corporate tax by 10.4% in FY26

Indirect tax to rise by 8.3%, corporate tax by 10.4% in FY26

Rediff.com6 Feb 2025

The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to a report by ICICI Bank. The report also noted that this growth is higher than the 7.1 per cent increase seen in FY25 and is mainly driven by rise in GST revenue from strong urban consumption. It said "The increase is driven by higher goods and services tax collections which in-turn is explained by boost to urban consumption".

Why US is skipping G20 summit in South Africa

Why US is skipping G20 summit in South Africa

Rediff.com6 Feb 2025

He further criticised South Africa's use of the G20 platform to promote "solidarity, equality, and sustainability" to promote "Diversity, Equity, and Inclusion (DEI) and climate change."

History in Minutes: The Meerut Conspiracy Case

History in Minutes: The Meerut Conspiracy Case

Rediff.com18 Mar 2025

The Meerut Conspiracy Case was aimed at curbing communist influence in India. However, it fueled nationwide sympathy, shaping the course of leftist politics in the country.

Religare: Sebi rejects open offer by US-based entity

Religare: Sebi rejects open offer by US-based entity

Rediff.com28 Jan 2025

Capital market regulator Sebi on Tuesday rejected the competing open offer made by the US-based entity Danny Gaekwad Developments & Investments for acquisition of Religare Enterprises Ltd (REL) as it did not meet necessary regulations.

India protests China's two new counties in Ladakh

India protests China's two new counties in Ladakh

Rediff.com3 Jan 2025

India has lodged a "solemn protest" with China over the establishment of two new counties in the Hotan prefecture, as parts of these regions fall within India's union territory of Ladakh. The Indian government asserted that the creation of these counties will not impact its sovereignty over the area and does not lend legitimacy to China's "illegal and forcible" occupation.

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Rediff.com12 Mar 2025

Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.

Tharoor defends praising Modi over meet with Trump

Tharoor defends praising Modi over meet with Trump

Rediff.com15 Feb 2025

Congress MP Shashi Tharoor has defended his praise for Prime Minister Narendra Modi following his meeting with US President Donald Trump, stating that he spoke with India's interests in mind. Tharoor said that Modi's US visit had yielded some positive outcomes for the Indian people and noted that Modi being the fourth world leader to meet Trump after he took office underscored India's growing importance on the global stage. However, he also pointed out that the visit left some questions unanswered, such as why the issue of how illegal immigrants were returned to India was not addressed. Tharoor also criticized the tendency of political parties to oppose each other reflexively, saying that there has to be some give and take in a democracy.

Can India become a global innovation hub?

Can India become a global innovation hub?

Rediff.com4 Jan 2025

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has entered into a partnership with the Startup Policy Forum (SPF), a premier industry organisation representing India's leading new-age companies.

India, China reach six-point consensus on border peace, healthy ties

India, China reach six-point consensus on border peace, healthy ties

Rediff.com18 Dec 2024

Doval is in Beijing for the 23rd round of the Special Representatives' talks being held after a gap of five years.

''Trump Will Do A Deal With China'

''Trump Will Do A Deal With China'

Rediff.com7 Mar 2025

'Trump's desire to withdraw the US from some arenas on the global stage will result in ceding space to China.'

Haryana removes barricades at Shambhu border after farmers' eviction

Haryana removes barricades at Shambhu border after farmers' eviction

Rediff.com20 Mar 2025

Following the eviction of protesting farmers from the Shambhu border, Haryana security personnel began removing cemented barricades erected to prevent Punjab farmers from reaching Delhi. The Shambhu-Ambala road, closed for over a year, is being cleared with JCBs and other machinery. Meanwhile, the Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha announced dharnas outside deputy commissioners' offices in protest against the Punjab Police crackdown. The groups criticized the Aam Aadmi Party (AAP) government in Punjab for evicting the protesters and detaining farmer leaders on Wednesday. The police action was justified by Punjab Finance Minister Harpal Singh Cheema, who said industries and businesses were hit hard due to the prolonged closure of the highways. The protesting farmers, led by the Samyukta Kisan Morcha and the Kisan Mazdoor Morcha, had been camping at the Shambhu and Khanauri border points since February 13, 2022.

India will do...: Trump discusses migrant row with Modi

India will do...: Trump discusses migrant row with Modi

Rediff.com28 Jan 2025

President Trump made these remarks on Monday while talking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida.

Our ties shouldn't be transactional, says outgoing US envoy

Our ties shouldn't be transactional, says outgoing US envoy

Rediff.com20 Jan 2025

Richard Verma, the highest-ranking Indian-American official in the State Department, has expressed optimism about the future of US-India ties and emphasized the need to base the relationship on shared values rather than mere transactional dealings. Verma, who previously served as America's Ambassador to India, stressed the importance of the Quad in defending the international order, highlighting its shared commitment to a free and open Indo-Pacific.

India Inc holds breath for Trump's new tariffs to kick in

India Inc holds breath for Trump's new tariffs to kick in

Rediff.com27 Feb 2025

Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.

RBI sees 'sequential pickup in economic activity'

RBI sees 'sequential pickup in economic activity'

Rediff.com19 Feb 2025

High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday. However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on 'State of the Economy' published in RBI's February bulletin.

What Will Nirmalaji's Budget Be Like?

What Will Nirmalaji's Budget Be Like?

Rediff.com8 Jan 2025

The Budget assumes significance as it comes on the back of lower-than-expected growth numbers during the second quarter and geopolitical uncertainty.

India, China to hold talks in Beijing on Wednesday to restore ties

India, China to hold talks in Beijing on Wednesday to restore ties

Rediff.com17 Dec 2024

According to informed sources, Doval will arrive in Beijing on Tuesday to attend the crucial talks, which were expected to provide a way forward for the two countries to normalise the relations.

Is foreign exchange rate stability desirable? Not really

Is foreign exchange rate stability desirable? Not really

Rediff.com21 Jan 2025

The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.

LAC row: 'You still have 50,000 troops facing each other'

LAC row: 'You still have 50,000 troops facing each other'

Rediff.com29 Jan 2025

Foreign policy expert C Raja Mohan has said that the recent disengagement of troops with China in eastern Ladakh has given a small opening to India, but the "big issues" remain. He also stressed the importance of strengthening India's ties with the US for technological and economic growth.

IPL: Shahbaz Ahmed traded to Sunrisers Hyderabad from RCB

IPL: Shahbaz Ahmed traded to Sunrisers Hyderabad from RCB

Rediff.com26 Nov 2023

Left-arm spinner Shahbaz Ahmed has been traded to Sunrisers Hyderabad from Royal Challengers Bangalore, while SRH's Mayank Dagar will don the Bengaluru franchise's colours in the upcoming edition of the Indian Premier League.

Trump pauses tariffs on Mexico, Canada negotiations continue

Trump pauses tariffs on Mexico, Canada negotiations continue

Rediff.com3 Feb 2025

Trump on February 1 had announced tariffs on major US trading partners Canada, Mexico and China. He imposed a 25 per cent tariff on Canadian and Mexican imports and a 10 per cent on goods from China.

BAT to sell up to 3.5% stake in ITC via block trade

BAT to sell up to 3.5% stake in ITC via block trade

Rediff.com12 Mar 2024

British multinational BAT PLC on Tuesday said it plans to sell up to 3.5 per cent stake in India's ITC Ltd to institutional investors through a block trade. In a statement, British American Tobacco PLC (BAT), the single largest shareholder in ITC Ltd (ITC), said its wholly-owned subsidiary Tobacco Manufacturers (India) Ltd (TMI) intends to sell up to 43,68,51,457 ordinary shares in the Indian diversified entity to institutional investors by way of an accelerated bookbuild process (block trade), subject to customary closing conditions.

Strategic pacts reshape energy turf

Strategic pacts reshape energy turf

Rediff.com13 Feb 2025

Leading oil companies dedicated the second day of India Energy Week (IEW) 2025 to announcing strategic deals and business agreements across the supply chain - from sourcing more crude oil supply to deploying more domestic ships and building gas distribution capacity.

After Ajit Doval, foreign secretary Misri to visit China on Jan 26, 27

After Ajit Doval, foreign secretary Misri to visit China on Jan 26, 27

Rediff.com23 Jan 2025

India's Foreign Secretary Vikram Misri will travel to Beijing for a two-day trip beginning Sunday, marking the second high-profile visit from India to China in less than one-and-a-half months. The visit comes amidst ongoing border tensions and follows a recent disengagement pact between the two countries in eastern Ladakh. The Foreign Secretary-Vice Minister mechanism meeting will focus on the next steps for India-China relations, including in the political, economic, and people-to-people domains. The decision to revive this bilateral mechanism was taken at a meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Kazan in October.

Young Indian Leaders Shine at WEF 2025

Young Indian Leaders Shine at WEF 2025

Rediff.com23 Jan 2025

Barring a few, such as Andhra Pradesh Chief Minister N Chandrababu Naidu (74), Union Minister C R Patil (69) and Uttar Pradesh Finance Minister Suresh Khanna (71), most other ministers attending the WEF represent the next generation of India's politicians.

An Agitation That Woke Up Kerala

An Agitation That Woke Up Kerala

Rediff.com20 Mar 2025

It was a protest which held a mirror to the government of a state taking pride in its commitment to democracy, gender equality and social indices.One person, who in his employed days had known governments and political parties at close quarters, told me that public perception of how the Kerala government handled the ASHA workers' strike had been terrible, reports Shyam G Menon.

Gabbar, Universe Boss Show Off Dance Moves

Gabbar, Universe Boss Show Off Dance Moves

Rediff.com14 Oct 2024

Shikhar Dhawan and Chris Gayle, traded their bats for dance shoes in a recent viral video.

India, China to resume Mansarovar Yatra, direct flights

India, China to resume Mansarovar Yatra, direct flights

Rediff.com28 Jan 2025

India and China on Monday decided to resume the Kailash Mansarovar Yatra as the two sides agreed to take certain people-centric steps to 'stabilise and rebuild' ties.

Cong mouthpiece slams Tharoor for praising Kerala govt

Cong mouthpiece slams Tharoor for praising Kerala govt

Rediff.com17 Feb 2025

The editorial, titled "Ahimsa Award for the Executioner?", criticized Congress leader Shashi Tharoor for praising the entrepreneurial growth of Kerala under the Left government. It argued that it was "suicidal" to weaken the party from within when the Congress was actively opposing the shortcomings of the LDF government. The editorial also criticized Tharoor's positive remarks on Prime Minister Narendra Modi's recent US visit, calling it a mere gesture by two administrators to improve their image.

Crypto assets can negatively impact financial stability, says RBI report

Crypto assets can negatively impact financial stability, says RBI report

Rediff.com31 Dec 2024

Widespread use of crypto assets, including stablecoins, can have a negative impact on the macroeconomic and financial stability of a country, the Reserve Bank of India (RBI) said on Monday. In its Financial Stability Report (FSR), the banking regulator highlighted that excessive use of crypto assets can reduce effectiveness of monetary policy, worsen fiscal risks, circumvent capital flow management measures, divert resources available for financing the real economy and threaten global financial stability.

Biden appoints 2 Indian-Americans to advisory panel for trade policy

Biden appoints 2 Indian-Americans to advisory panel for trade policy

Rediff.com11 Mar 2023

On Friday, Biden announced his intent to appoint 14 people to the advisory committee, which provides overall policy advice to the United States trade representative on matters of development, implementation, and administration of the US trade policy.

Foreign secretary Misri reaches Beijing for talks with Chinese officials

Foreign secretary Misri reaches Beijing for talks with Chinese officials

Rediff.com26 Jan 2025

India's Foreign Secretary Vikram Misri has arrived in Beijing for a two-day visit during which he will hold talks with Chinese officials. The visit comes amid ongoing efforts to de-escalate tensions along the Line of Actual Control (LAC) in eastern Ladakh and to resume bilateral cooperation in various fields, including the Kailash Mansarovar Yatra.

'Ladakh Made The World Wary Of China'

'Ladakh Made The World Wary Of China'

Rediff.com7 Nov 2024

'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'

Doval in Beijing for talks to restore stalled ties

Doval in Beijing for talks to restore stalled ties

Rediff.com17 Dec 2024

National Security Advisor Ajit Doval arrived in Beijing on Tuesday to take part in the India-China Special Representatives' talks to be held on Wednesday aimed at restoring the bilateral ties stalled for over four years' due to the military standoff in eastern Ladakh.

Chhattisgarh liquor scam: ED faces SC scrutiny over 'half-baked' reply

Chhattisgarh liquor scam: ED faces SC scrutiny over 'half-baked' reply

Rediff.com17 Jan 2025

The Enforcement Directorate (ED) faced criticism from the Supreme Court for filing a "half-baked" reply in a bail matter related to the Chhattisgarh liquor scam. The court expressed dissatisfaction with the situation, questioning the accountability of the ED and its advocate-on-record. The ED's additional solicitor general, S.V. Raju, attributed the error to a miscommunication and assured the court that a departmental inquiry would be initiated.