Search results for ' Foreign Relations'

Revealed: How much PM Modi's foreign trips cost

Revealed: How much PM Modi's foreign trips cost

Rediff.com21 Mar 2025

Nearly Rs 258 crore was incurred on 38 foreign visits of Prime Minister Narendra Modi between May 2022 and December 2024, according to data shared by the government.

ED raids 'Empuraan' producer over Rs 1,000 cr FEMA case

ED raids 'Empuraan' producer over Rs 1,000 cr FEMA case

Rediff.com9 hours ago

"L2: Empuraan", the second part of the "Lucifer" movie, a trilogy planned by the Prithviraj-Mohanlal team, has become a topic of hot debate over its critique of right-wing politics and the covert mention of the Gujarat riots.

Modi reaches Colombo, 10 ambitious outcomes expected

Modi reaches Colombo, 10 ambitious outcomes expected

Rediff.com7 minutes ago

Prime Minister Narendra Modi's visit to Sri Lanka is expected to yield at least 10 ambitious outcomes, including a defense cooperation agreement and frameworks for deeper engagement in the energy sector. The visit comes at a time when Sri Lanka is recovering from an economic crisis, with India providing significant financial assistance. Modi and Sri Lankan President Anura Kumara Dissanayake will also dedicate several projects built with India's assistance and virtually inaugurate the Sampur solar energy project.

Modi meets Yunus of Bangladesh, flags concern over attacks on Hindus

Modi meets Yunus of Bangladesh, flags concern over attacks on Hindus

Rediff.com19 minutes ago

In his first meeting with Bangladesh Chief Adviser Muhammad Yunus, Prime Minister Narendra Modi on Friday flagged concerns over the attacks on minorities, including Hindus and conveyed that any rhetoric that vitiated the environment was best avoided.

Why Modi's visit to Sri Lanka is important

Why Modi's visit to Sri Lanka is important

Rediff.com2 hours ago

Prime Minister Narendra Modi is set to visit Sri Lanka, where he will hold talks with President Anura Kumara Dissanayake and strengthen ties through agreements on defence, energy security, and digitalisation. This visit aims to further bolster the already strong relationship between the two nations and is expected to include several outcomes, including a defence cooperation agreement, debt restructuring, and a currency swap. This visit comes at a time when Sri Lanka is recovering from an economic crisis, where India played a significant role in providing financial assistance.

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com11 hours ago

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

These sectors will NOT face Trump's reciprocal tariffs: GTRI

These sectors will NOT face Trump's reciprocal tariffs: GTRI

Rediff.com1 days ago

Essential and strategic items such as pharmaceuticals, semiconductors, copper, and energy products like oil, gas, coal and LNG are exempted from the 27 per cent import duty announced by the US on Wednesday, according to think tank GTRI.

Israeli police to question Netanyahu, 2 aides arrested

Israeli police to question Netanyahu, 2 aides arrested

Rediff.com4 days ago

Two key advisers to Prime Minister Benjamin Netanyahu, Yonatan Urich and Eli Feldstein, were arrested on Monday as part of an ongoing investigation into potential connections between Israeli officials and Qatar.

'Kunal Kamra will receive Shiv Sena-style welcome'

'Kunal Kamra will receive Shiv Sena-style welcome'

Rediff.com4 days ago

Shiv Sena functionary Rahool Kanal has said that comedian Kunal Kamra, who is facing a police case in Mumbai for making a derogatory remark against Deputy Chief Minister Eknath Shinde, will be welcomed in "Shiv Sena-style" when he comes to the city. Kanal also said the party has written to the Mumbai police demanding a probe against Kamra under the Foreign Contributions Regulation Act (FCRA) over foreign funding and unaccounted money. Kamra was summoned to appear before the Mumbai police on March 31 in a case related to derogatory remarks against Shinde. The Madras High Court granted interim anticipatory bail to the comedian on the condition that he execute a bond to the satisfaction of the judicial magistrate at Vanur in Villupuram district in Tamil Nadu.

IPO Pipeline Runs Dry In March, 1st In 2 Yrs

IPO Pipeline Runs Dry In March, 1st In 2 Yrs

Rediff.com1 days ago

Industry players said the sharp sell-off in February forced many companies to put off their listing plans

Trump's Tariffs: India Should Be Worried

Trump's Tariffs: India Should Be Worried

Rediff.com10 hours ago

While growth in India is largely domestic and hence the overall GDP effect may not be more than 0.15-0.2%, but overall trade will be impacted due to every country going back to the drawing board, points out Madan Sabnavis.

Hindi-Chini bhai bhai 2 as India-China ties turn 75

Hindi-Chini bhai bhai 2 as India-China ties turn 75

Rediff.com3 days ago

India and China celebrated the 75th anniversary of their diplomatic relations on Tuesday, with leaders from both countries exchanging congratulatory messages. The anniversary comes as the two countries are working to restore ties after a four-year freeze due to the military standoff in eastern Ladakh. Both countries have expressed a willingness to enhance strategic mutual trust and step up cooperation in various fields. The two sides are also exploring ways to rebuild ties and promote people-to-people exchanges.

FTA talks may figure in Sitharaman's London meetings

FTA talks may figure in Sitharaman's London meetings

Rediff.com4 days ago

Issues related to the proposed free trade agreement (FTA) and bilateral investment treaty between India and the UK are expected to figure during the three-day visit of Finance Minister Nirmala Sitharaman to London from April 8-10, official sources said. The minister will attend a host of meetings, including the India-United Kingdom Economic and Financial Dialogue, in London.

USTR flags hurdles in medical device exports to India

USTR flags hurdles in medical device exports to India

Rediff.com2 days ago

The USTR report, released just ahead of the US' April 2 deadline for implementing reciprocal tariffs, has also cited high tariffs and price caps, which have not increased in line with inflation, as key obstacles for US businesses.

Putin to visit India, dates being worked out

Putin to visit India, dates being worked out

Rediff.com27 Mar 2025

Russian Foreign Minister Sergey Lavrov has confirmed that President Vladimir Putin has accepted an invitation from Prime Minister Narendra Modi to visit India. The visit is currently being prepared, though the dates have not yet been revealed. This visit follows Prime Minister Modi's trip to Russia in July 2024, his first since 2019. The two leaders have maintained regular contact and have emphasized the strength of the Russian-Indian strategic partnership.

Sensex gains 318 pts on buying in RIL, L&T

Sensex gains 318 pts on buying in RIL, L&T

Rediff.com27 Mar 2025

From the Sensex pack, Bajaj Finserv, IndusInd Bank, NTPC, Larsen & Toubro, UltraTech Cement, Adani Ports, Bajaj Finance, Power Grid, Zomato, State Bank of India, HDFC Bank and Titan were the biggest gainers. Tata Motors tanked over 5.5 per cent after US President Donald Trump announced he would impose 25 per cent tariffs on imported cars. Sun Pharma, Kotak Mahindra Bank, Bharti Airtel, HCL Tech and Mahindra & Mahindra were also among the laggards.

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

Canadian MP Chandra Arya's leadership bid revoked over India ties

Canadian MP Chandra Arya's leadership bid revoked over India ties

Rediff.com27 Mar 2025

Canada's Liberal Party has revoked Indian-origin MP Chandra Arya's bid to run for the party leadership and his nomination in his own Ottawa Nepean constituency over alleged ties to the Indian government. Citing a source with top-secret clearance, the Globe and Mail daily reported that Arya, who visited India last August and met Prime Minister Narendra Modi, had not informed the government of that trip even though bilateral relations are in a deep freeze. The Liberals have never revealed why they barred the three-term Liberal MP from the party's recent leadership race or from running again in Nepean constituency. The Canadian Security Intelligence Service had briefed the government about Arya's "alleged close ties to the government of India, including its High Commission in Ottawa". Arya has rejected the allegations and believes he was removed because of his stance against the Sikh Khalistani movement in Canada.

India maintains high import duty on American goods: US report

India maintains high import duty on American goods: US report

Rediff.com3 days ago

India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.

Willing to work with India on border issue, says Chinese military

Willing to work with India on border issue, says Chinese military

Rediff.com27 Mar 2025

China's military has said it is willing to work with India to find a solution to the border issue, while also pushing for sound and stable defence ties. The statement comes after recent meetings between officials from both countries to normalize relations following a prolonged period of tension.

How Will Trump Change The World On April 2?

How Will Trump Change The World On April 2?

Rediff.com3 days ago

We have entered a new era in human history, asserts Aakar Patel.

India, China agree to rebuild ties, Manasarovar Yatra from this year

India, China agree to rebuild ties, Manasarovar Yatra from this year

Rediff.com26 Mar 2025

India and China have agreed to rebuild ties and resume people-to-people exchanges, including resuming direct flights and the Kailash Manasarovar Yatra this year. The two countries also discussed the resumption of dialogue mechanisms to address each other's concerns and move relations to a more stable path. The meeting comes after a period of strained relations following the Galwan Valley clashes in 2020.

Narco-terror module busted in Punjab; 4 held, 4kg heroin seized

Narco-terror module busted in Punjab; 4 held, 4kg heroin seized

Rediff.com23 Mar 2025

The Punjab Police has busted a narco-terror module and arrested four individuals, including a father-son duo, recovering 4 kilograms of heroin. The accused were in direct contact with Pakistan-based drug smugglers, according to Director General of Police (DGP) Gaurav Yadav. The arrests were made in an intelligence-led operation by the Counter Intelligence (CI) unit in Amritsar, following inputs about individuals receiving a drug consignment from the Attari area. The DGP stated that preliminary investigations have revealed the involvement of a foreign-based individual identified as Bhullar, who is believed to be managing the gang.

How the equity markets will fare this week

How the equity markets will fare this week

Rediff.com23 Mar 2025

Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said. Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent.

India, Sri Lanka to ink major defence pact 40 yrs after IPKF intervention

India, Sri Lanka to ink major defence pact 40 yrs after IPKF intervention

Rediff.com6 days ago

The two sides are also likely to firm up a currency swap framework and seal several other agreements including one on debt restructuring following talks between Modi and Sri Lankan President Anura Kumara Disanayaka on April 5, people familiar with the matter said.

India, China hold talks to ensure effective border management

India, China hold talks to ensure effective border management

Rediff.com25 Mar 2025

India and China held diplomatic talks in Beijing, focusing on effective border management and the resumption of cross-border cooperation and exchanges, including on trans-border rivers and the Kailash-Mansarovar Yatra. The meeting explored measures and proposals to implement decisions made during the Special Representatives (SR) dialogue in December. Both sides agreed to work together for the next SR meeting in India later this year.

US trade official begins India visit days before Trump's reciprocal tariff kicks in

US trade official begins India visit days before Trump's reciprocal tariff kicks in

Rediff.com24 Mar 2025

Brendan Lynch, the assistant US trade representative for South and Central Asia, will pay a five-day visit to India beginning Tuesday, days before US President Donald Trump's tit-for-tat tariff kicks in. The senior US trade official is expected to hold talks with Commerce Minister Piyush Goyal besides meeting a number of senior Indian officials.

CD rates top 8% for smaller banks amid banking system liquidity tightness

CD rates top 8% for smaller banks amid banking system liquidity tightness

Rediff.com21 Mar 2025

Amid liquidity tightness in the banking system, certificate of deposit (CD) rates topped 8 per cent for some smaller banks, with rates remaining on the higher side for derivatives loss-hit IndusInd Bank. On Thursday, CSB Bank raised Rs 100 crore via one-year CDs at 8.5 per cent, while Utkarsh Small Finance Bank issued three-month CDs at 8.05 per cent to raise Rs 50 crore.

D-Street puts up best weekly showing in years

D-Street puts up best weekly showing in years

Rediff.com22 Mar 2025

The equity benchmark indices posted their strongest weekly gains in years, driven by bargain hunting and optimism over a reversal in foreign portfolio investor (FPI) outflows. The Sensex rose 558 points, or 0.7 per cent, on Friday to close at 76,906, while the Nifty 50 gained 160 points to end at 23,350. Over the past five sessions, both indices advanced around 4.3 per cent - marking the Sensex's best weekly performance since July 22, 2022, and the Nifty 50's strongest rally since February 5, 2021.

How Sebi plans to ensure greater transparency and ease of doing business

How Sebi plans to ensure greater transparency and ease of doing business

Rediff.com25 Mar 2025

Under its new chairman Tuhin Kanta Pandey, the Securities and Exchange Board of India (Sebi) has gravitated towards greater transparency and ease of doing business, setting an objective of "effective and optimum" regulation. On Monday, during its first board meeting under Pandey, the regulator has decided to constitute a high-level committee (HLC) to review conflicts of interest and unveiled initiatives to simplify regulatory processes.

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.

'Difficult To Trust Yunus Govt In Dhaka'

'Difficult To Trust Yunus Govt In Dhaka'

Rediff.com11 hours ago

'It was the hostility of the Yunus regime that made India careful and wary of dealing with them.' 'They gradually backed off and lowered the noise, but the damage was done.' 'Their true colours had been exposed.'

How the markets will fare this week

How the markets will fare this week

Rediff.com16 Mar 2025

The US Fed interest rate decision, global trends, tariff-related developments and trading activity of foreign investors will drive the equity market movement this week, analysts said. Among macroeconomic data announcement, WPI inflation for February is scheduled to be announced on Monday.

Traditional ties with US are over: Canadian PM's big remark

Traditional ties with US are over: Canadian PM's big remark

Rediff.com7 days ago

In a dramatic shift in Canada's foreign policy, Prime Minister Mark Carney on Thursday declared that the long-standing economic and security relationship between Canada and the United States has ended, responding to US President Donald Trump's announcement of new auto tariffs that could severely impact Canada's economy, Politico reported.

'Pakistan Seen As A State Devoid Of Hope'

'Pakistan Seen As A State Devoid Of Hope'

Rediff.com7 days ago

'No military offensive by Pakistan will end the insurgency in Balochistan without simultaneous, concerted efforts toward political dialogue to de-escalate tensions.'

Sensex sinks 425 points dragged by auto stocks, foreign fund outflows

Sensex sinks 425 points dragged by auto stocks, foreign fund outflows

Rediff.com21 Feb 2025

Equity benchmark indices Sensex and Nifty ended lower on Friday, dragged by auto stocks and relentless foreign fund outflows. Weak US markets and tariff threats also dented investor sentiment. The 30-share BSE benchmark Sensex dropped 424.90 points or 0.56 per cent to settle at 75,311.06.

Foreign companies' tax burden at record low in India

Foreign companies' tax burden at record low in India

Rediff.com24 Feb 2025

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).

Global intelligence chiefs meet in Delhi; focus on terrorism, tech threats

Global intelligence chiefs meet in Delhi; focus on terrorism, tech threats

Rediff.com17 Mar 2025

India's National Security Advisor Ajit Doval held bilateral talks with US Director of National Intelligence Tulsi Gabbard, and chaired a conclave of top global intelligence chiefs focusing on strengthening cooperation in confronting various security challenges including terrorism and threats posed by emerging technologies. The meeting also focused on security in the Indo-Pacific region, cooperation to counter terror funding and money laundering, and issues relating to extradition and immigration.

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.

71% drop in terror incidents under Modi, no cases in hinterland: Minister

71% drop in terror incidents under Modi, no cases in hinterland: Minister

Rediff.com19 Mar 2025

India's Minister of State for Home, Nityanand Rai, has announced a 71% decrease in terrorist incidents in the country under the Modi government. He credits a "zero tolerance" policy towards terrorism, which has resulted in no terror incidents in the hinterland. Rai also highlighted the National Investigative Agency's (NIA) successes, including the investigation of cases on foreign land and a conviction rate of 95.54%.