The fall in exports has been arrested and its growth is expected to be slow but steady in the coming months, Commerce and Industry Minister Nirmala Sitharaman said on Monday. “At the moment, the fall is arrested (and it) is very clear. The growth is happening. We will only be looking at the steady growth. It may be slow but steady,” she told reporters in New Delhi. She said this in a reply to a question on outlook for exports in the coming months. Contracting for the second month in ... Rediff.com, 2 weeks ago
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Here’s a recap of the events from the past 24 hours. Prime Minister Narendra Modi performs 'bhoomi poojan' rituals for the start of construction work for the new BJP headquarters at Deendayal Upadhyaya Marg in New Delhi. Photograph: Kamal Singh/PTI Photo People take shelter on the roof of their houses at Salori area on the swollen bank of Ganga river in Allahabad. Photograph: PTI Photo Artistes perform ‘Azadi se Azadi Tak-Ek Buland Naara (Quit India-2)’ show at the Bharat ...Rediff.com, 2 months ago
The Modi government’s appalling inefficiency and lack of purpose stand exposed, says Ambassador M K Bhadrakumar. My archives on India-Iran relations include a clipping from DNA newspaper from Mumbai, going back to May last year. It is a Press Trust of India report, Iran’s Chabahar port to be operational by December 2016: Nitin Gadkari, based on an exclusive interview with the Union minister of transport, coinciding with his visit to Teheran to finalise the Chabahar project.Rediff.com, 2 weeks ago
Terming "Indian aggression" as a threat to the entire region, Prime Minister Nawaz Sharif on Friday warned that Pakistan is also capable of executing surgical strikes and will not allow anyone to "cast an evil eye" on it. Chairing a special Cabinet meeting to review the security situation in the country, Sharif said that Pakistan will take all necessary steps to protect its people and territorial integrity in case of any aggression or violation of the Line of Control. He said that Indian ...Rediff.com, 3 weeks ago
The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu’s family-owned Heritage Foods Future group founder and chief executive officer Kishore Biyani is looking to consolidate Indian retail with acquisitions in food and grocery businesses, say industry sources. The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu’s family-owned Heritage ...Rediff.com, 1 month ago
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi’s decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma. The Narendra Modi-led central government has often spoken of its single-minded focus on increasing investment into India. The prime minister has, for example, declared that India is “the most open economy in the world” for investment. An ...Rediff.com, 1 month ago
The Prime Minister and and President gracing ads for Reliance Jio and Bandhan Bank have put the spotlight on this trend. Newspaper readers were in for a complete surprise earlier this month when the face of the Prime Minister of India Narendra Modi stared at them via front-page ads for Jio, Reliance Industries’ telecom service. For an audience otherwise used to the PM appearing in ads for his party or when his government has an initiative to launch or message to convey, ...Rediff.com, 1 month ago
POWER TRIO: Narerndra Modi with Nitin Gadkari and Arun Jaitley. Nitin Gadkari is the rising star, Arun Jaitley commands respect while minister of state Dharmendra Pradhan seems to be the PM’s new favourite. Who among the Union Council of Ministers is closest to Prime Minister Narendra Modi? The answer is, three tall leaders. It’s not just the business houses or industry circles who want to know who is closest to the prime minister, but even journalistic circles. The New Delhi ...Rediff.com, 1 month ago
In comments that may not go down well with the establishment back home, Indian High Commissioner to Pakistan Gautam Bambawale was on Tuesday quoted by a leading newspaper as saying that Prime Minister Narendra Modi is looking forward to visiting Islamabad for the South Asian Association for Regional Cooperation Summit. The remarks coming in the midst of a new chill in bilateral ties were sought to be downplayed by sources in the Indian government which said no decision has been taken on the ...Rediff.com, 1 month ago
Maritime security, terrorism, economic and socio-cultural cooperation will be on the agenda of Prime Minister Narendra Modi at the 14th Association of Southeast Asian Nations-India Summit and the 11th East Asia Summit in Vientiane, the Laotian capital. Bilateral meetings with fellow world leaders to discuss key issues are also included in the schedule of Prime Minister Modi, who arrives in Vientiane on Wednesday to attend the two Summits -- both of which are scheduled for Thursday. The Summits ...Rediff.com, 1 month ago
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