News for 'foreign account'

Baloch leader declares independence from Pakistan

Baloch leader declares independence from Pakistan

Rediff.com14 May 2025

In a post on X, he said the people of Balochistan have given their "national verdict" and that the world must no longer stay silent.

Trade war hit on India likely to be limited: RBI

Trade war hit on India likely to be limited: RBI

Rediff.com23 Apr 2025

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Rediff.com14 May 2025

A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.

Will German Visa Rules Affect Students?

Will German Visa Rules Affect Students?

Rediff.com10 Jun 2025

Ritika Gupta, a study abroad expert and founder of Aaera Consultants, explains how Germany's new visa rules will affect international students and working professionals.

ED seizes Rs 1.5 cr from L2: Empuraan producer's company

ED seizes Rs 1.5 cr from L2: Empuraan producer's company

Rediff.com5 Apr 2025

The Enforcement Directorate (ED) has seized Rs 1.5 crore in cash from the premises of a chit fund company owned by Gokulam Gopalan, one of the producers of the Malayalam movie "L2: Empuraan", in connection with foreign exchange law violations. The searches were conducted at locations in Kozhikode, Kerala and Chennai, Tamil Nadu. The ED alleged that the company collected subscription to chit funds from persons residing outside India without due permission and violated regulations framed by the Reserve Bank of India (RBI).

Wrong ITR Form Can Delay Tax Returns

Wrong ITR Form Can Delay Tax Returns

Rediff.com27 May 2025

The return filed could be treated as defective, invalid, or even be considered as not filed at all.

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

Know English Before Migrating to the UK

Know English Before Migrating to the UK

Rediff.com26 May 2025

According to the 2021 England and Wales Census data, of the 915,855 citizens born in India, 49 per cent (444,500) said English was their main language, followed by 41 per cent (373,583) who said another language was their main language but that they spoke English very well or well.

India exercised its 'right to respond': Rajnath Singh

India exercised its 'right to respond': Rajnath Singh

Rediff.com7 May 2025

India has carried out strikes against nine terrorist infrastructure in Pakistan and Pakistan-occupied Kashmir, Defence Minister Rajnath Singh said on Wednesday. The strikes were in retaliation to the Pahalgam terror attack in which 26 civilians were killed. Singh said the strikes were precise and destroyed the targets set under Operation Sindoor.

Moody's may downgrade IndusInd Bank's Baseline Credit Assessment

Moody's may downgrade IndusInd Bank's Baseline Credit Assessment

Rediff.com18 Mar 2025

IndusInd Bank on Tuesday said global rating agency Moody's has placed the bank's baseline credit assessment (BCA) under review for a possible downgrade. The rating review comes days after IndusInd Bank disclosed a Rs 2,100 crore discrepancy in accounting with an estimated impact of 2.35 per cent of the bank's net worth.

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Rediff.com11 Apr 2025

Institutional investments in Indian real estate have seen a strong start to 2025, with inflows reaching $ 1.3 billion in the first quarter - a 31 per cent year-on-year (YoY) increase. This growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the quarter. With $ 0.8 billion inflows, domestic investments saw a 75 per cent annual rise and were largely focused on industrial & warehousing and office segments.

50 Years Of Emergency: Banality Of Evil, And A Warning

50 Years Of Emergency: Banality Of Evil, And A Warning

Rediff.com26 Jun 2025

While India today is vastly different from the India of 1975, the need for vigilance against authoritarianism remains the same, asserts Utkarsh Mishra.

AI will bring in 'humongous changes': IT Minister Vaishnaw

AI will bring in 'humongous changes': IT Minister Vaishnaw

Rediff.com30 May 2025

'I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.'

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com20 Apr 2025

Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Investors would also focus on world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues, experts noted.

The Sweet Sound Of A Mitch Marsh 100

The Sweet Sound Of A Mitch Marsh 100

Rediff.com23 May 2025

The Aussie all-rounder scored a blazing 117 off 64 balls. Not only was his innings decorated with 10 fours and 8 sixes, his two massive partnerships put LSG in the driver's seat.

Piyush Goyal on ongoing talks for trade pact with US

Piyush Goyal on ongoing talks for trade pact with US

Rediff.com2 Jun 2025

India and the US desire to give preferential market access to each other's businesses and teams of both the countries are working together on the proposed bilateral trade agreement, Commerce Minister Piyush Goyal has said. In February, US President Donald J Trump and Prime Minister of India Narendra Modi announced plans to negotiate the first tranche or phase of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall (September-October) of 2025.

Gillespie exposes PCB's broken promises

Gillespie exposes PCB's broken promises

Rediff.com20 Apr 2025

Former Pakistan red-ball head coach Jason Gillespie has claimed that he is still waiting on some remuneration from the Pakistan Cricket Board (PCB).

China denies sending military supplies to Pakistan

China denies sending military supplies to Pakistan

Rediff.com13 May 2025

The Chinese military on Monday denied reports that its largest military cargo plane has carried arms supplies to Pakistan and warned legal action against those spreading such rumours.

If India attacks Pak, B'desh should occupy NE states: Yunus' aide

If India attacks Pak, B'desh should occupy NE states: Yunus' aide

Rediff.com2 May 2025

A former Bangladesh army officer and close aide of Chief Adviser Muhammad Yunus has suggested that Dhaka should collaborate with China to occupy India's northeastern states if it attacks Pakistan in response to the Pahalgam terror attack. Bangladesh's interim government has distanced itself from the remarks made by Major General (Retd) ALM Fazlur Rahman on his social media account. Rahman's comments come amidst growing tensions between India and Bangladesh following Yunus' remarks in China about India's northeastern states being landlocked and needing Bangladesh's access to the ocean. These incidents have further strained relations between the two countries, with India withdrawing transhipment facilities granted to Bangladesh for exporting goods to the Middle East, Europe, and various other countries.

Wife spent a year in Pak for work, I visited once: Gogoi slams Sarma

Wife spent a year in Pak for work, I visited once: Gogoi slams Sarma

Rediff.com29 May 2025

Newly appointed Assam Congress chief Gaurav Gogoi has denied allegations of having links to the Pakistani establishment, calling the claims made by the BJP a "C-grade Bollywood movie" that will "flop miserably." Gogoi said he had only visited Pakistan once 12 years ago with his wife, who was working on an international project focused on climate change. He questioned why the BJP government had not acted on the allegations in the past 11 years if there was any wrongdoing. Assam Chief Minister Himanta Biswa Sarma, who made the initial allegations, said he would release further evidence on September 10 after a Special Investigation Team (SIT) completes its inquiry.

Byju Raveendran promises to pay July salary to staff once he gets control of accounts

Byju Raveendran promises to pay July salary to staff once he gets control of accounts

Rediff.com20 Aug 2024

Edtech firm Think and Learn, which owns Byju's brand, has not paid the July salary to employees as the company was unable to access its accounts due to a temporary stay granted by the Supreme Court on the NCLAT's decision, a top official said on Tuesday. On August 2, the National Company Law Appellate Tribunal (NCLAT) approved the Rs 158.9 crore dues settlement with BCCI and set aside insolvency proceedings against Byju's.

J-K police advises border residents to stay in shelters

J-K police advises border residents to stay in shelters

Rediff.com11 May 2025

Authorities in Jammu and Kashmir on Sunday asked border villages residents, who were evacuated to safer places in view of cross border shelling by Pakistan, not to rush back to homes as they are yet to sanitise and clear these areas of any unexplored shells.

Pak used 300-400 Turkish drones to target 36 places from Leh to Sir Creek

Pak used 300-400 Turkish drones to target 36 places from Leh to Sir Creek

Rediff.com9 May 2025

Colonel Sofiya Qureshi revealed that 300 to 400 drones were deployed across 36 locations, with several being shot down by Indian forces using both kinetic and non-kinetic methods.

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.

USTR Report Intensifies Trade Tensions With India

USTR Report Intensifies Trade Tensions With India

Rediff.com2 Apr 2025

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.

US urges India, Pak to ease tensions; seeks Sharif's help in Pahalgam probe

US urges India, Pak to ease tensions; seeks Sharif's help in Pahalgam probe

Rediff.com1 May 2025

The phone conversation came amid escalating tensions between India and Pakistan over the April 22 terror attack that killed 26 civilians.

Amritsar-Wagah War Losses: Rs 12,000 Crore

Amritsar-Wagah War Losses: Rs 12,000 Crore

Rediff.com29 May 2025

'Only those who live through these situations understand the true cost of war.'

SIP Investors Hit by Market Selloff

SIP Investors Hit by Market Selloff

Rediff.com21 Feb 2025

In January, SIP account closures surpassed new registrations for the first time.

'China Was Single Most Important External Factor In This Conflict'

'China Was Single Most Important External Factor In This Conflict'

Rediff.com15 May 2025

'Every decision India makes along the LoC, it must also consider implications along the LAC.'

Why Do We Believe Israel, And Not Iran?

Why Do We Believe Israel, And Not Iran?

Rediff.com20 Jun 2025

At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.

Retail Investors Bear Brunt Of Market Crash

Retail Investors Bear Brunt Of Market Crash

Rediff.com15 Mar 2025

Retail investors have been the hardest hit in the recent market downturn, with stocks where they hold over 20% falling 45% from their 52-week highs.

Pahalgam: India ramps up efforts for UN listing of LeT front

Pahalgam: India ramps up efforts for UN listing of LeT front

Rediff.com15 May 2025

An Indian delegation met top officials of the United Nations Office of Counter-Terrorism (UNOCT) and Counter-Terrorism Committee Executive Directorate here even as New Delhi stepped up efforts to designate The Resistance Front, a Lashkar-e-Tayyaba proxy, as a UN-listed terror outfit for its alleged involvement in the Pahalgam attack.

How Scammers Steal Your Money: 5 Red Flags To Watch Out For

How Scammers Steal Your Money: 5 Red Flags To Watch Out For

Rediff.com24 Mar 2025

Fraudsters read your mind, weave convincing stories, earn your trust and then vanish with people's savings. Ramalingam Kalirajan reveals five simple tricks that cons use to steal money from you.

The Magnificent 7: FPIs' Wild Ride In Selloff

The Magnificent 7: FPIs' Wild Ride In Selloff

Rediff.com20 Mar 2025

Since October, FPIs have offloaded Indian equities worth Rs 2.1 trillion.

Battle royal in offing as RCB, Delhi Capitals clash at Kotla

Battle royal in offing as RCB, Delhi Capitals clash at Kotla

Rediff.com26 Apr 2025

Virat Kohli remains the biggest draw as he returns to his 'home ground' at the back of five half-centuries in nine games. Four of them have come away from the Chinnaswamy Stadium and despite being in the opposition camp, the Delhi crowd will be hoping the Indian superstar extends his prolific run in the tournament.

How the markets will fare this week

How the markets will fare this week

Rediff.com16 Feb 2025

Stock markets are expected to be driven by global trends and FPI trading activity this week after the conclusion of the earnings season, analysts said. Unabated foreign fund outflows, lower-than-expected quarterly earnings and global trade war fears hit market sentiments last week, where the benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday.

ED searches Soros' funding agency, investment arm in Bengaluru

ED searches Soros' funding agency, investment arm in Bengaluru

Rediff.com18 Mar 2025

Soros, a Hungarian-American political activist, and his organisations like OSF have been accused by the ruling BJP of acting against India's interests. His utterances during the Adani-Hindenburg controversy also drew criticism from the party.

Operation Sindoor: India avenges Pahalgam as missiles hit sites in Pak, Pok

Operation Sindoor: India avenges Pahalgam as missiles hit sites in Pak, Pok

Rediff.com8 May 2025

In a strong retaliation to the Pahalgam massacre, India's armed forces early Wednesday destroyed nine terror sites including that of Jaish-e-Mohammad and Lashkar-e-Taiba in Pakistan and Pakistan-occupied Kashmir (PoK) using deep strike missiles in a 25-minute-long 'measured and non-escalatory' mission.

Rupee falls 22 paise to 87.41 against US dollar in early trade

Rupee falls 22 paise to 87.41 against US dollar in early trade

Rediff.com27 Feb 2025

The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar.

Sensex climbs 341 points amid sharp gains in global shares

Sensex climbs 341 points amid sharp gains in global shares

Rediff.com17 Mar 2025

From the Sensex pack, Bajaj Finserv, Mahindra & Mahindra, Axis Bank, Bajaj Finance, Adani Ports, ICICI Bank, Zomato and UltraTech Cement were among the biggest gainers. However, ITC, Nestle, State Bank of India, Reliance Industries, Asian Paints and Tata Consultancy Services were among the laggards.