Trading

  • PM Modi to meet USbased Jewish groups in New York 2 days ago

    New York: Prime Minister Narendra Modi will meet USbased Jewish groups during his visit to the US this week followed by a meeting between External Affairs Minister Sushma Swaraj and her Israeli counterpart. According to sources, Prime Minister will be meeting Jewish groups on September 28, the day on which he...
  • Seven Indian nationals arrested in Sri Lanka for overstaying 2 days ago

    Colombo: Seven Indian nationals have been arrested by Lankan police for allegedly overstaying and their involvement in illegal trade in the country, according to a media report. All seven of them, between the age of 2365, have exceeded their visa tenure, violated immigration laws and engaged in illegal trade in Kalmunai,...
  • Man who ate napkins to conceal insider trading pleads guilty 3 days ago

    A Brooklyn, New York mortgage broker, who would scribble secret stock tips on napkins and pass them to an accomplice in Grand Central station before eating them, pleaded guilty to insider trading on Friday, federal prosecutors said. Frank Tamayo, 41, was the middleman in what prosecutors called a threeman scheme that...
  • RBI eases norms for issuance of equity shares under FDI 6 days ago

    Mumbai: Easing foreign direct investment (FDI) norms, Reserve Bank has allowed companies to issue equity shares to a resident outside India against any type of fund subject to certain conditions. RBI reviewed the extant guidelines for issue of shares or convertible debentures under the automatic route and has permitted issue of...
  • Is it time for India & China to move beyond border issues? 6 days ago

    As India and China try to forge a stronger tie during the threeday state visit of Chinese President Xi Jinping to India, is it time for India & China to move beyond border issues? ...
  • Highlights of SinoIndia trade and commerce 6 days ago

    New Delhi: As India and China try to forge a stronger tie during the threeday state visit of Chinese President Xi Jinping to India, following are few highlights of SinoIndia trade and commerce. The Chinese share in India's import is 11.3 per cent of total trade while that of India in...
  • Xi Jinping sees 'factory' China and 'back office' India as global engine 6 days ago

    Ahmedabad: A combination the "world's factory" and the "world's back office" will drive global economic growth, Chinese President Xi Jinping said ahead of a rare visit to India on Wednesday, playing down mistrust that has kept the Asian giants apart. India's new Prime Minister, Narendra Modi, is determined to build...
  • BJP will form Delhi govt in 'fully democratic way': Ram Madhav September 14, 2014

    Varanasi: Brushing aside AAP's allegations of horsetrading, BJP general secretary Ram Madhav on Sunday said his party would form the government in Delhi in "fully democratic way". Asserting that his party was not in favour of forming the government through undemocratic means, Madhav said "had there been such things (horsetrading) then...
  • Chennai: Man held for forcing women into flesh trade September 14, 2014

    Chennai: A 38yearold man was on Sunday arrested for allegedly forcing women into prostitution after promising them jobs in his massage parlour. Police said that Anand, owner of a massage parlour, was arrested and four women, hailing from Manipur and Sikkim, were rescued. He promised them jobs...
  • Rupee down 9 paise against dollar in early trade September 12, 2014

    Mumbai: The rupee depreciated by 9 paise to 61.02 against the US dollar in early trade at the Interbank Foreign Exchange market due to increased demand for the American currency from importers. The dollar's gains against other currencies overseas also put pressure on the local unit but a higher opening in...
  • US marks 13th anniversary of 9/11 attacks September 11, 2014

    New York: Americans on Thursday marked the 13th anniversary of the September 11, 2001 attacks, with somber ceremonies of remembrance in New York and Washington. President Barack Obama, his wife Michelle and Vice President Joe Biden observed a moment of silence on the White House south lawn, along with about...
  • Kejriwal meets Commissioner, seeks FIR against BJP leaders involved in horse trading September 11, 2014

    New Delhi: Aam Aadmi Party chief Arvind Kejriwal on Thursday met Delhi Police Commissioner BS Bassi and sought FIR against the BJP leaders who allegedly tried to poach his party MLAs in a bid to form government in the national capital. This comes just days after the party released a video...
  • Kolkata taxis' indefinite strike from September 18 September 11, 2014

    Kolkata: Kolkata taxi drivers have decided to go on an indefinite strike from September 18 to protest police "excesses" while demanding a fare hike. To add to the woes of the commuters, transport workers affiliated to eight central trade unions, including the Centre of Indian Trade Unions (CITU), Indian National Trade...
  • Rupee dips below 61mark vs US Dollar, ends at 60.95 September 10, 2014

    Mumbai: In line with weak stocks, rupee on Wednesday fell below 61mark against dollar and ended at a fourweek low of 60.95, down 35 paise, on growing concern that US hiking interest rates soonerthanexpected will hit inflows. Continued dollar demand from importers and some banks too weighed on the rupee value...
  • US manufacturing industry pushes India for free trade September 10, 2014

    Washington: Expressing readiness to revitalize bilateral trade relationship with India, the US manufacturing industry has appealed to Prime Minister Narendra Modi to provide foreign companies a level playing field by accepting global free trade agreement. "Manufacturers remain hopeful that positive progress can be achieved. As Prime Minister Modi prepares to visit the...
  • Nepal, India sign landmark Power Trade Agreement September 4, 2014

    New Delhi: Nepal and India on Thursday signed a landmark Power Trade Agreement (PTA) which is expected to boost the energy ties between the two energystarved nations. The twoday meeting ended on Thursday on a positive note with the energy secretaries from both countries signing the agreement, an official source told...
  • Two police officials arrested for extortion in New Delhi September 3, 2014

    New Delhi: A woman subinspector and a constable have been arrested for extorting money from a Punjabbased businessman after threatening to trap him in the sex trade, Delhi Police said on Wednesday. Subinspector Vandana and constable Hans Kumar were taken into custody after a complaint was lodged against them two days...
  • Japan welcomes Modi, talks underway to sign defence, trade pacts September 1, 2014

    Tokyo: Prime Minister Narendra Modi was accorded an official welcome by the government of Japan on Monday. Accompanied by Japan PM Shinzo Abe, Modi was warmly received at the Akasaka Palace. Modi and Abe are supposed to hold a press conference later in the day. PM Modi is on a fiveday...
  • Malaysia seeks trade in investment, services with India August 30, 2014

    Kolkata: Malaysia has expressed keen interest in trade in both investment and services getting started as part of the IndoMalaysia Free Trade Agreement (FTA), an official of the Malaysian High Commission in India said. "Both India and Malaysia have agreed in principle that trade in investment and services will commence between...
  • Sushma Swaraj's Vietnam visit:Trade, defence and security tops agenda August 25, 2014

    Hanoi: Keen to bolster India's bilateral ties with the strategicallyimportant Vietnam, External Affairs Minister Sushma Swaraj will on Monday undertake a series of meetings with the top leadership here focusing on connectivity, trade, defence and security cooperation. Swaraj, will hold talks with her Vietnamese counterpart Pham Binh Minh. She will...
  • US blacklists Gazabased extremist group August 19, 2014

    The Obama administration has placed a Gazabased extremist group on several terrorism blacklists, freezing any assets it may have in US jurisdictions and barring Americans from transactions with it. The departments of State and Treasury announced today they had designated the group, Mujahidin Shura Council in the Environs of Jerusalem, a...
  • India, Singapore decide to scale up trade ties August 16, 2014

    Singapore: India and Singapore on Saturday decided to scale up ties in key areas of investment and trade which has witnessed a huge surge from US dollar 4.2 billion to about US dollar 19.4 billion in the last one decade. External Affairs Minister Sushma Swaraj and her Singaporean counterpart K Shanmugam...
  • IndoPakistan trade has increased despite border tensions: study August 13, 2014

    Islamabad: Trade between India and Pakistan has been continuously rising despite recurring border tensions but is yet to tap its estimated potential of USD 12 billion, according to a study compiled by the SAARC Chamber of Commerce and Industry. According to the SAARC Chamber's research report, the two nations have been...
  • Opposition creates ruckus over government's tough stance at WTO August 11, 2014

    New Delhi: The Opposition on Monday created ruckus in the Rajya Sabha as it raised the Bharatiya Janata Partyled government's tough stance at the World Trade Organisation that scuttled the Trade Facilitation Agreement. Finance Minister Arun Jaitley was forced to make a clarification in the House. He said that the Bali...
  • ExMicrosoft employee gets 2 years in prison for insider trades August 10, 2014

    Seattle: A former Microsoft Corp employee was sentenced to two years in prison for his part in an insider trading scheme that netted him and his partner more than $400,000. Brian Jorgenson, 32, had pleaded guilty to securities fraud for his part in a sophisticated operation in which he passed private...
  • Doubts surface about Modi in global trade community after deal is scuppered August 2, 2014

    New Delhi: Prime Minister Narendra Modi came to office with a reputation as a businessfriendly leader ready to open up one of the world's biggest markets and sweep away the remnants of the country's socialist past. Now potential investors, some of them foreign firms hoping to exploit new opportunities in India's...
  • India ready to reengage with WTO members in September August 1, 2014

    New Delhi: With its stand on food security leading to a stalemate at the WTO talks in Geneva, India on Friday said it is committed to the global trade deal without compromising on its interest, and will reengage with members when talks resume a month from now. "WTO will open...
  • India's demands block $1 trillion WTO deal on customs rules August 1, 2014

    The World Trade Organization failed on Thursday to reach a deal to standardise customs rules, which would have been the first global trade reform in two decades but was blocked by India's demands for concessions on agricultural stockpiling. "We have not been able to find a solution that would allow us...
  • Rural votes, old traumas drive India's WTO brinkmanship July 30, 2014

    New Delhi: With grain silos spilling over, exports on the rise and an avowed market champion for prime minister, India's threat to trash a global trade deal in the name of food security appears puzzling. But government officials say Prime Minister Narendra Modi is prepared to brazen out global outrage to...
  • Nepal parliament panel okays energy deal with India July 27, 2014

    A parliamentary panel in Nepal on Sunday asked the government to sign as soon as possible a "Power Trade Agreement" (PTA) with India under which New Delhi has proposed 100 percent Indian investment or joint ventures with Indian entities in the Himalayan country's power sector. Both sides held marathon negotiations during...