News for 'foreign exchange department'

Cairn Energy lays off 40% staff following India tax dispute

Cairn Energy lays off 40% staff following India tax dispute

Rediff.com23 Feb 2015

The company has not been able to sell its 9.8% stake in Cairn India

US concerned over future government in Pak: Tillerson

US concerned over future government in Pak: Tillerson

Rediff.com5 Oct 2017

Tillerson said that he believed that the US has a partner in Pakistan.

Prabhu's new trade policy mum on achieving exports target

Prabhu's new trade policy mum on achieving exports target

Rediff.com6 Dec 2017

Foreign Trade Policy: More incentives for exports, focus on ease of trading

Pompeo, Gokhale say Pak must take action against terror groups

Pompeo, Gokhale say Pak must take action against terror groups

Rediff.com12 Mar 2019

Gokhale and Pompeo expressed satisfaction over the significant progress and the quality of the India-US Strategic Partnership

India is proficient in making laws but lax in enforcing them

India is proficient in making laws but lax in enforcing them

Rediff.com21 May 2015

Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.

Everything you need to know about Dawood's auctioned properties

Everything you need to know about Dawood's auctioned properties

Rediff.com15 Nov 2017

Everything you need to know about the three properties belonging to Dawood Ibrahim, which were auctioned on Tuesday.

Sonia meets Saudi king

Sonia meets Saudi king

Rediff.com27 Jan 2006

His visit was the first by a Saudi ruler in 51 years.

Why Jaishankar refused to meet Pramila Jayapal

Why Jaishankar refused to meet Pramila Jayapal

Rediff.com20 Dec 2019

Jaishankar said that the resolution on Kashmir introduced by Jayapal in the House is not a fair characterisation of the situation in J-K. And also said that he has no interest in meeting the Congresswoman.

Black money: India offers cash reward to HSBC whistleblower

Black money: India offers cash reward to HSBC whistleblower

Rediff.com23 Mar 2015

The I-T department has also filed 77 prosecution cases.

FPI investments from China likely to be capped at 5%

FPI investments from China likely to be capped at 5%

Rediff.com30 Jun 2020

Other measures being considered include relatively stringent KYC norms and a separate standard operating procedure for approval, renewal, and fresh investment from India's neighbouring countries.

FDI dips to $5.47 bn in Jan-March

FDI dips to $5.47 bn in Jan-March

Rediff.com19 Jun 2013

Foreign direct investment (FDI) in India has declined by six per cent to $5.47 billion during January-March quarter of the current calender year even as government is making efforts to promote the country as an investment destination.

129 Indians among 130 students arrested in US immigration fraud

129 Indians among 130 students arrested in US immigration fraud

Rediff.com2 Feb 2019

Foreign students knowingly enrolled in the fake school to falsely maintain their student visa status and remain in the US, according to prosecutors.

For cashless economy, govt wants to cap cash transactions at Rs 200,000

For cashless economy, govt wants to cap cash transactions at Rs 200,000

Rediff.com21 Mar 2017

Earlier, while presenting the Budget on February 1, Finance Minister Arun Jaitley had proposed to cap cash transactions at Rs 300,000 with effect from April 1.

How FPIs are avoiding taxes on gains from non-convertible debentures

How FPIs are avoiding taxes on gains from non-convertible debentures

Rediff.com4 Jan 2018

Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.

Ease of doing biz: Exporters can use credit cards to pay fee

Ease of doing biz: Exporters can use credit cards to pay fee

Rediff.com3 Feb 2015

Exporters can make payment of fees through debit/credit cards.

Few flaws govt must tackle for the new trade policy to take off

Few flaws govt must tackle for the new trade policy to take off

Rediff.com2 Apr 2015

The new foreign trade policy is considered to be less effective.

India is ready to play tough with China

India is ready to play tough with China

Rediff.com9 Oct 2019

'India's preference today seems to be to exploit the deepening chill in relations with China to breathe new life into its meandering partnership with the US,' argues Ambassador M K Bhadrakumar.

Norwegian national asked to leave India for violating visa norms

Norwegian national asked to leave India for violating visa norms

Rediff.com27 Dec 2019

Janne-Mette Johansson, a Norwegian national on a tourist visa, came under the scanner of Bureau of Immigration authorities over her suspected participation in an anti- Citizenship Amendment Act protest in the Kochi three days ago.

Chanda Kochhar seeks more time to appear before Sebi for a personal hearing

Chanda Kochhar seeks more time to appear before Sebi for a personal hearing

Rediff.com15 Oct 2018

Kochhar has been issued a showcause notice by the regulator for alleged violation of the code of conduct.

Budweiser maker pays Rs 40 cr, settles India bribery charge

Budweiser maker pays Rs 40 cr, settles India bribery charge

Rediff.com29 Sep 2016

Leading brewer Anheuser-Busch InBev will pay USD 6 million (Rs 40.2 crores) to the American authorities for settling charges of making "improper payments" to government officials in India to push sales and production.

'Business in India? Risks, uncertainties are substantial'

'Business in India? Risks, uncertainties are substantial'

Rediff.com13 May 2016

The company has pointed at the possibility of fines and financial penalties.

Embraer to pay $205 mn to settle graft charges in India, 3 other countries

Embraer to pay $205 mn to settle graft charges in India, 3 other countries

Rediff.com24 Oct 2016

Aircraft manufacturer Embraer has agreed to pay over $205 million (over Rs 1,371 crore) as settlement with American and Brazalian authorities for resolving corruption charges in India and three other countries.

India's electronics manufacturing dream

India's electronics manufacturing dream

Rediff.com20 Oct 2020

...but are we chasing yesterday's dreams, asks Ajit Balakrishnan.

Govt to ease fund raising, revamp capital markets

Govt to ease fund raising, revamp capital markets

Rediff.com9 Sep 2014

The government is also working on Euroclearing, the world's biggest bond settlement system, for Indian debt securities.

India, US sign FATCA to fight tax evasion

India, US sign FATCA to fight tax evasion

Rediff.com9 Jul 2015

FATCA will facilitate flow of financial information between countries.

Is India finally winning the war against black money?

Is India finally winning the war against black money?

Rediff.com27 Jun 2019

A new framework has been put in place for automatic exchange of information between Switzerland and India to help check the black money menace with effect from January 1, 2018. The funds held by Indians through fiduciaries alone used to be in billions till 2007 but began falling after that amid fears of regulatory crackdown. It is now at second-lowest level in 20 years.

Corporate spying: CBI arrests commerce ministry employee

Corporate spying: CBI arrests commerce ministry employee

Rediff.com16 Mar 2015

CBI has also summoned a senior official of Reliance Industries Limited and a noted chartered accountant.

Arch-rivals Trump and Romney meet, discuss world affairs

Arch-rivals Trump and Romney meet, discuss world affairs

Rediff.com20 Nov 2016

The 2012 Republican presidential nominee and one of Trump's most vocal Republican Party critics during this year's election campaign, met privately with the President-elect for about an hour.

Pro-actively pursuing case of missing Indian clerics: Pakistan

Pro-actively pursuing case of missing Indian clerics: Pakistan

Rediff.com18 Mar 2017

Two Indian clerics, including the head priest of New Delhi's Nizamuddin Dargah, have gone missing in Pakistan

Danger grows as Xi made 'Chairman of Everything'

Danger grows as Xi made 'Chairman of Everything'

Rediff.com15 Nov 2021

Support from the committee gives Xi an indefinite extension on the reins of power, which will surely result in hawkish and insular policies. It does not bode well for relations with the USA, or with anyone else who does not bow the knee to Beijing, for that matter.

RBI clarifies on owned or controlled issue

RBI clarifies on owned or controlled issue

Rediff.com4 Jul 2013

Amidst debate over control of Jet Airways post UAE's Etihad buying stake, the RBI on Thursday notified FDI guidelines defining control of a company, saying that a firm will be said to be controlled by non-residents if they have powers to appoint majority of the directors.

ESOPs, M&As out of capital gains tax net

ESOPs, M&As out of capital gains tax net

Rediff.com7 Jun 2017

The regulations will only apply to the share purchases that have been done after October 1, 2004

The US Nexus: India Must be Careful

The US Nexus: India Must be Careful

Rediff.com27 Oct 2020

Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.

Govt looking at stake sale in rail infra cos

Govt looking at stake sale in rail infra cos

Rediff.com22 Jul 2014

A host of companies have been lined up by the disinvestment department as candidates for stake sale.

The carrot for tax compliance

The carrot for tax compliance

Rediff.com21 Oct 2013

Experts say only three per cent individuals pay taxes.

Why reopening LoC trade routes remain a pipedream for Kashmir traders

Why reopening LoC trade routes remain a pipedream for Kashmir traders

Rediff.com26 Apr 2019

The chances of the posts opening remain slim, with security agencies recently identifying 10 suspects who smuggled in weapons, narcotics and fake currency.

India, China have come to blows, will help them: Trump

India, China have come to blows, will help them: Trump

Rediff.com21 Jun 2020

'It's a very tough situation. We're talking to India. We're talking to China. They've got a big problem there'

How India must deal with Imran's Pakistan

How India must deal with Imran's Pakistan

Rediff.com31 Jul 2018

Should India engage Pakistan's generals directly, bypassing Imran? Ambassador G Parthasarathy, India's former high commissioner to Pakistan, ponders Delhi's diplomatic dilemma.

FIPB rejects BNP Paribas' Sharekhan acquisition

FIPB rejects BNP Paribas' Sharekhan acquisition

Rediff.com15 Jun 2016

Reason for rejection hasn't been stated; deal among seven rejected transactions.

Who will clean the Indian education system?

Who will clean the Indian education system?

Rediff.com5 Sep 2020

'Education is disconnected from social reality and does not even attempt to solve the real problems of our country,' observe Peehu Pardeshi and Sandeep Pandey.