News for 'foreign exchange department'

Modi's efforts to usher reforms hits a roadblock

Modi's efforts to usher reforms hits a roadblock

Rediff.com17 Aug 2015

Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.

Sensex tanks 630 points; land, tax reform worries hurt sentiment

Sensex tanks 630 points; land, tax reform worries hurt sentiment

Rediff.com12 May 2015

Markets closed in the red on domestic worries.

Sensex posts best gain in nearly 3 months on better monsoon forecast

Sensex posts best gain in nearly 3 months on better monsoon forecast

Rediff.com25 May 2016

Above normal monsoon forecast and strength in Asian equities lifted sentiments.

Markets log best weekly gain in seven years on FII buying

Markets log best weekly gain in seven years on FII buying

Rediff.com5 Mar 2016

Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices

How will Modi factor Japan in his China policy?

How will Modi factor Japan in his China policy?

Rediff.com27 May 2014

Being a pragmatist Modi is not likely to give preference to China over Japan. Both security and economic aspects are likely to shape Modi's decision in terms of engaging the two biggest economies of Asia, says Sana Hashmi.

Founder of 'sham' Tri Valley University found guilty on 31 counts

Founder of 'sham' Tri Valley University found guilty on 31 counts

Rediff.com26 Mar 2014

A federal jury on Monday convicted Susan Xiao-Ping Su, the founder of California-based Tri Valley University.

DeMo: Jaitley's Report Card

DeMo: Jaitley's Report Card

Rediff.com7 Nov 2017

'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.

Nifty ends above 8,550 on GST hopes, monsoon

Nifty ends above 8,550 on GST hopes, monsoon

Rediff.com14 Jul 2016

ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.

Cash Crisis: Day 8: Aaj ki Taaza Khabar!

Cash Crisis: Day 8: Aaj ki Taaza Khabar!

Rediff.com16 Nov 2016

Cashi Crisis: Day 9: Aaj ki Taaza Khabar!

DIPP likely to expand definition of 'control'

DIPP likely to expand definition of 'control'

Rediff.com19 Jun 2013

May include 'influencing a company's major policy decisions' in the current meaning.

Sensex@1-month closing high on Modi's housing push

Sensex@1-month closing high on Modi's housing push

Rediff.com25 Jun 2015

The breadth was neutral with 1,329 advances and 1,320 declines.

Modi and Trump: Of hugs and handshakes

Modi and Trump: Of hugs and handshakes

Rediff.com27 Jun 2017

The camaraderie between two leaders was on full display when they meet at the White House.

Plastics sector urgently needs technology up-gradation fund scheme

Plastics sector urgently needs technology up-gradation fund scheme

Rediff.com26 Feb 2016

Import duty on PVC, at 7.5%, is far lower than that prevailing in comparable economies.

Jet-Etihad deal hits Sebi, DIPP roadblocks

Jet-Etihad deal hits Sebi, DIPP roadblocks

Rediff.com26 Jul 2013

Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact

'PM's note ban has killed 55 people. He must apologise'

'PM's note ban has killed 55 people. He must apologise'

Rediff.com18 Nov 2016

Congress chief spokesperson Randeep Surjewala released a list of 55 persons who lost their lives while standing in queues at banks and ATMs in the wake of demonetisation and demanded compensation to their families besides probe into their death.

It's chill time for Indo-Chinese relations

It's chill time for Indo-Chinese relations

Rediff.com20 Apr 2016

The readouts by the Indian and Chinese sides on the meeting on Monday between External Affairs Minister Sushma Swaraj and her Chinese counterpart Wang Yi in Moscow bring out that divergences are crowding into the centrestage of their relationship, says Ambassador M K Bhadrakumar.

Deepak Kochhar, the man in the muddle

Deepak Kochhar, the man in the muddle

Rediff.com10 Apr 2018

How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.

Markets close in the red on April F&O expiry

Markets close in the red on April F&O expiry

Rediff.com30 Apr 2015

The 30-share Sensex ended down 215 points at 27,011.

10 commandments for Modi Sarkar to curb black money

10 commandments for Modi Sarkar to curb black money

Rediff.com4 May 2017

A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.

Why US is worried about SC ruling on gay sex

Why US is worried about SC ruling on gay sex

Rediff.com12 Dec 2013

Both the Barack Obama administration and United States lawmakers on Capitol Hill have expressed concern over the Indian Supreme Court's decision to uphold a law that criminalises consensual homosexual conduct.

When Venezuela's star stopped shining

When Venezuela's star stopped shining

Rediff.com18 Oct 2019

Devastation struck Venezuela when oil prices started collapsing in 1982, following a global oil glut. The country's economy contracted overnight.

Will Modi-Xi meeting resolve Sikkim standoff?

Will Modi-Xi meeting resolve Sikkim standoff?

Rediff.com17 Jul 2017

'The impasse on the India-China border in the Sikkim sector persists, but the Hamburg meeting between the two leaders will certainly have its salutary effects on the relationship between the two countries,' says China scholar Rup Narayan Das.

Jamshedpur's new man of steel

Jamshedpur's new man of steel

Rediff.com8 Dec 2017

'He was sought after because he delivered.' Ishita Ayan Dutt profiles Tata Steel's new boss.

Winning spree intact; Sensex, Nifty soar 5% in 3 sessions

Winning spree intact; Sensex, Nifty soar 5% in 3 sessions

Rediff.com27 May 2016

Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.

War on black money is only half-won

War on black money is only half-won

Rediff.com31 May 2017

Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.

Major India-US defence deals to be signed next week

Major India-US defence deals to be signed next week

Rediff.com9 Apr 2016

Members of his team and industry were right now in India, US Defence Secretary Ash Carter disclosed, 'looking at the potential co-production of fighter aircraft.'

How UPA's gold import scheme provided fodder for PNB scam

How UPA's gold import scheme provided fodder for PNB scam

Rediff.com7 Mar 2018

The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing

Bear hugs, boat ride as Modi meets Putin for first informal summit

Bear hugs, boat ride as Modi meets Putin for first informal summit

Rediff.com22 May 2018

Modi said India and Russia have been friends for a long time and thanked Putin for inviting him for the first-ever informal meeting at Sochi.

How India can emerge from the economic slump

How India can emerge from the economic slump

Rediff.com14 Aug 2017

A way out of the economic slump is to revisit the template of 15 years ago and follow its constituents, recommends Ajay Shah.

Global Depository Receipts under lens for routing black money

Global Depository Receipts under lens for routing black money

Rediff.com5 Jan 2015

Sources said that the capital markets regulator Securities and Exchange Board of India has come across quite a few cases where GDR route could have been used for round-tripping of funds in the name of capital-raising activities of listed companies from abroad.

Only Bajaj in Peru

Only Bajaj in Peru

Rediff.com29 Oct 2013

Bajaj three-wheelers outsell Chinese three-wheelers in Peru. The Pulsar is number one in its category. Nikhil Lakshman discovers in Lima that even though the Chinese are far ahead in investments in Latin America's fastest growing economy, Indian manufacturing and IT are holding its own.

Markets at record closing highs, Sensex breaches 28,000

Markets at record closing highs, Sensex breaches 28,000

Rediff.com5 Nov 2014

The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.

Alternative investment funds want tax clarity

Alternative investment funds want tax clarity

Rediff.com14 Aug 2014

Providers write to Sebi, FinMin; launches may hit pause.

PM calls industry after receiving SOS from Sharma

PM calls industry after receiving SOS from Sharma

Rediff.com14 Jul 2013

In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.

Markets end lower on caution ahead of Yellen speech

Markets end lower on caution ahead of Yellen speech

Rediff.com26 Aug 2016

Tata Motors was the top gainer on better-than-expected June quarter revenues

India-US spat: Long journeys are not terminated midway

India-US spat: Long journeys are not terminated midway

Rediff.com20 Dec 2013

'If the Americans believed that India is as strong as China or Russia, would they have shown this scant respect for us,' asks Tarun Vijay, MP. 'An economically strong and militarily powerful India would never have had this experience. Not just the Americans, everyone in this world respects might. China receives respect, India gets the law book.'

Markets have a tepid closing; broader markets outshine

Markets have a tepid closing; broader markets outshine

Rediff.com8 Jun 2016

At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268

Post FM's lifeline, markets to see best Monday so far in 2019?

Post FM's lifeline, markets to see best Monday so far in 2019?

Rediff.com24 Aug 2019

Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.

US strengthens military ties with Pakistan

US strengthens military ties with Pakistan

Rediff.com28 Sep 2016

'Here in Delhi, the Modi government is supposedly looking at 'options' to hit back at Pakistan in any whichever way it can, while in Washington, the Obama administration is looking for ways to strengthen US military cooperation with Pakistan,' says Ambassador M K Bhadrakumar.

Nothing will change under Imran: We will still hate each other

Nothing will change under Imran: We will still hate each other

Rediff.com1 Aug 2018

'Many fresh faces have come before him on both sides, and every sort of individual -- liberal, conservative, hardliner, dictator -- has come and gone.' 'I think we just seem to be happier when we hate one another,' says Aakar Patel.