FOREIGN

  • Sushma Swaraj likely to make statement on PM's foreign trips after returning from Kathmandu: Sources Yesterday

    New Delhi: Prime Minister Narendra Modi wants his ministers to be more pro-active in making statements on everything including WTO and PM'S foreign trips, said government sources on Wednesday. Union Foreign Minister Sushma Swaraj, who is accompanying Modi in Kathmandu for the 18th SAARC summit, is expected to make a statement...
  • Rupee edges up against US dollar to end at 61.84 Yesterday

    Mumbai: In listless trade, the Indian rupee on Wednesday edged up by two paise to close at 61.84 against the Greenback on stray dollar selling by exporters. Firm dollar overseas and sustained capital inflows, however, restricted the rupee rise, a forex dealer said. Some dollar demand from importers, mainly oil...
  • PM Narendra Modi had an extraordinarily successful visit: US official 6 days ago

    Washington: Terming Prime Minister Narendra Modi's US visit as "extraordinarily successful", a top official in the Obama administration has said US-India relationship has come "a remarkable distance". "We've just had the extraordinarily successful visit of Prime Minister Modi here to the United States, and an agenda that is working across...
  • Atithi Devo Bhava! Foreign tourists to be welcomed with garlands at airports November 16, 2014

    New Delhi: With a view to prevent fleecing of foreign tourists and creating a safe and secure environment for them, Tourism Ministry is set to roll out red carpet at airports to receive guests with garlands in a true 'Atithi Deva Bhavo' style. A comprehensive plan is being worked out...
  • Rupee down 10 paise against dollar in early trade November 11, 2014

    Mumbai: The rupee weakened by 10 paise to 61.60 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange due to increased demand for the US currency from importers. Forex dealers attributed the rupee's weakness to increased demand for the US currency from importers and its strength against...
  • Rupee gains 17 paise against dollar in early trade November 10, 2014

    Mumbai: The rupee strengthened by 17 paise to 61.45 against the dollar in early trade on Monday at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amidst sustained foreign capital inflows. Forex dealers said besides increased selling of the American currency by exporters and...
  • Hyderabad: People protest against gangrape of girl in varsity November 3, 2014

    Hyderabad: People are out on streets of Hyderabad protesting against the alleged gangrape of a student in a varsity. Womens activists and ABVP members condemned the incident and demanded steps be taken to ensure safety of women. A student at the English and Foreign Languages University was allegedly gangraped and...
  • Rupee depreciates four paise vs US dollar to end at 61.40 November 3, 2014

    Mumbai: The Indian rupee on Monday depreciated by four paise to close at 61.40 against the Greenback on moderate dollar demand from importers, amid some hesitancy in equities. A better dollar overseas also weighed on the rupee while sustained capital inflows restricted the rupee fall. At the Interbank Foreign Exchange (Forex)...
  • Modi government's austerity drive: Cut down on 5-star seminars, foreign tours, no first-class travel October 30, 2014

    New Delhi: In an effort to bring down non-planned expenditure, the Narendra Modi government has announced certain austerity measures. The Finance Ministry said that it wants to cut down non-planned expenditure by 10 per cent. As part of the measures, the government has announced cuts on 5-star seminars and foreign...
  • Black money: Supreme Court raps Centre, demands all names by tomorrow October 28, 2014

    New Delhi: Taking a tough stand on the black money case, the Supreme Court on Tuesday directed the Central Government to disclose the names of all the account holders by Wednesday. The Supreme Court pulled up the Centre for seeking modification of its order on black money on disclosing names of...
  • Make payment exceeding Rs 20,000 through cheque: MHA to NGOs October 26, 2014

    New Delhi: Tightening the noose around erring foreign-funded NGOs, the government has ordered that all voluntary organisations henceforth will have to make payments exceeding Rs 20,000 through account payee cheques or drafts. The order came weeks after the Home Ministry found that over 10,000 NGOs receiving foreign funds have failed...
  • Rupee up 14 paise against dollar in early trade October 22, 2014

    Mumbai: Maintaining its rising trend for the fourth straight day, the rupee strengthened by another 14 paise to 61.17 against the US dollar in early trade on Wednesday on sustained foreign capital inflows amid government announcing key reforms in the oil and gas sector. In a much-awaited reform, the government recently...
  • Foreign employees to get PF money in their own countries October 21, 2014

    New Delhi: Retirement fund body EPFO has started a new facility to transfer provident funds of foreign employees to bank accounts in their own countries. The facility will help international workers to avoid opening of bank accounts in India for settling their PF claims with with the Employees' Provident Fund Organisation...
  • China, US to fight Ebola epidemic together October 19, 2014

    Beijing: Setting aside their differences, the US and China agreed to cooperate in stepping up efforts to control the Ebola epidemic in Africa. Visiting Chinese State Councillor Yang Jiechi and US Secretary of State John Kerry, who met in Boston, agreed to enhance cooperation on fighting the Ebola epidemic, Chinese...
  • India delays decision on iron ore licence for POSCO's $12 billion plant October 18, 2014

    Bhubaneshwar: The government has again delayed a decision on permitting POSCO to mine iron ore, seeking more clarifications from Odisha where the South Korean company has waited nine years to set up a $12 billion steel plant. Former Prime Minister Manmohan Singh said in January that POSCO's request for a mining...
  • Opening account in foreign bank is not crime: Attorney General Mukul Rohatgi October 17, 2014

    New Delhi: With the Modi government facing the arduous task of fulfilling its promise of getting back black money stashed abroad, Attorney General Mukul Rohatgi today said all amounts deposited in foreign banks by Indian citizens can't be termed as black money and that it is not a crime to...
  • Foreigners need approval before entering Sri Lanka's North October 15, 2014

    Colombo: Sri Lanka on Wednesday barred foreigners from travelling to its former war zone in the Tamil-majority northern province without prior approval. "Prior permission for the foreigners to visit North will be implemented and foreigners or relevant organisations have to write to Defence Ministry for approval," the government's information department said...
  • Rupee falls 31 paise vs US dollar to one-week low of 61.41 October 14, 2014

    Mumbai: Tracking equity markets, the Indian rupee on Tuesday wiped out initial gains and ended 31 paise down at a one-week low of 61.41 against the greenback on fresh dollar demand from banks and importers. Persistent foreign capital outflows also affected the the rupee sentiment, forex dealers said. The rupee opened higher...
  • P Chidambaram advises against lifting curbs on gold imports October 12, 2014

    Mumbai: Former finance minister P Chidambaram has advocated against lifting of curbs on gold imports, saying the benefits accruing from restrictions would far outweigh problems like spurt in smuggling. "No. Not in my view," Chidambaram, who initiated these measures as the Finance Minister in the previous UPA regime in the face...
  • Rupee gains 14 paise against dollar at 61.61 October 1, 2014

    Mumbai: Mumbai: Recovering from nearly seven-month low level, the rupee on Wednesday closed 14 paise higher at 61.61 against the US currency amid fresh dollar selling by exporters and some banks ahead of long weekend holidays. At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced lower at 61.92 and...
  • Rupee loses 22 paise to end at 7 month low of 61.75 against dollar September 30, 2014

    Mumbai: The rupee on Tuesday lost 22 paise to end at almost seven-month low of 61.75 against the dollar as month-end demand for the US currency from oil importers weighed on the local unit. Sluggish local equities after the Reserve Bank on Tuesday kept key rates unchanged in its monetary policy...
  • Modi cautions US against hasty troop withdrawal from Afghanistan September 30, 2014

    New York: Hours ahead of his dinner with President Barack Obama, Prime Minister Narendra Modi on Monday cautioned the US against hasty withdrawal of its troops from Afghanistan, citing the mistakes it has committed while pulling out from Iraq. Modi told the Council on Foreign Relations that India and the...
  • Terrorism in India not homegrown but exported from outside, says PM Modi in New York September 29, 2014

    New York: Emphasing on the menace and the treat of terrorism in the world, Prime Minister Narendra Modi in his address to US thinktank Council on Foreign Relations (CFR) in New York said that terrorism in India is not home-grown but exported from outside. He rejected any distinction between good...
  • Modi woos US CEOs, says India open-minded, wants change September 29, 2014

    New York: After addressing UN General Assembly on Saturday and Indian-American communities at Madison Square Garden on Sunday, Prime Minister Narendra Modi on Monday met top executives of American companies in New York. India is open-minded and wants change, Prime Minister Narendra Modi said on Monday during the Breakfast meeting. "India...
  • Rupee down 25 paise against dollar in early trade September 29, 2014

    Mumbai: The rupee depreciated by 25 paise to 61.40 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to month-end demand for the US currency from importers amid a weak opening in the domestic equity market. Forex dealers said besides the dollar's gains against other...
  • Rupee breaks 4-day losing trend; ends 19 paise higher Vs US dollar September 26, 2014

    Mumbai: Snapping four days of losing streak, the rupee today recovered by 19 paise to close at 61.15 against the dollar in tune with local equities. Forex dealers said late selling of US currency by exporters and some banks helped the domestic unit to rise. At the Interbank Foreign Exchange (Forex)...
  • Rupee down 5 paise against dollar in early trade September 25, 2014

    Mumbai: Extending its losing streak for the fourth straight day, the rupee weakened by five paise to 61.01 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange market on high demand for the American currency from importers. Forex dealers said though increased demand for the US...
  • Rupee gains on foreign flows, but falls for the week September 19, 2014

    Mumbai: The rupee rose for a fourth consecutive session on Friday, boosted by strong foreign fund flows into markets, although the local currency fell against the dollar for the week, in line with losses in other emerging Asian currencies. Scotland's decision to stay in the United Kingdom also eased investor concerns...
  • Rupee gains for 3rd day, rises 8 paise vs USD to end at 60.84 September 18, 2014

    Mumbai: Rebounding from onemonth lows, the Indian rupee on Thursday ended eight paise higher at 60.84 against the greenback following late dollar selling by exporters and a strong rally in local shares. A fall in dollar value abroad against major rivals also helped rupee recover from early losses as US Federal...
  • Rupee jumps 13 paisa vs dollar ahead of US Fed policy meet outcome September 17, 2014

    Mumbai: The Indian rupee appreciated for the second day in a row and ended 13 paise higher at 60.92 against the Greenback following sustained dollar selling by exporters ahead of a decision on US interest rates by Federal Reserve. A weak dollar overseas also aided the rupee rise while fresh selloff...