FOREIGN

  • Australia's foreign affairs department evacuated over suspicious package: police 2 days ago

    Sydney: Australia's Department of Foreign Affairs and Trade in the capital, Canberra, was evacuated on Tuesday after a suspicious package was found in the building's canteen, police said. Australia is on high alert after heavily armed police stormed a Sydney cafe early on Tuesday morning and freed terrified hostages being held...
  • Rupee recovers after hitting over 10-month low, ends at 62.29 vs dollar 6 days ago

    Mumbai: The Indian rupee on Friday fell to over ten-month low of 62.50 against the greenback but bounced back to end at 62.29 on selling of dollars by state-run banks on behalf of the RBI. The rise on Friday helped the rupee snap four days of decline where it cumulatively lost...
  • Nagraj Manjule's 'Fandry', Geethu Mohandas's 'Liar's Dice' out of Golden Globe race 6 days ago

    Los Angeles: Acclaimed Indian films "Fandry" and "Liar's Dice", which were among the 53 motion pictures approved for Golden Globe consideration in the foreign language category, are not part of the final nomination list for the 72nd edition of the awards ceremony. Nagraj Manjule's Marathi film "Fandry", revolving around an "untouchable"...
  • Rupee tumbles to 10-month low vs dollar, down 31 paise at 62.33 1 week ago

    Mumbai: The rupee on Thursday plummeted to 10-month low of 62.33 versus the greenback, down 31 paise, on strong dollar demand due to oil firms stepping up purchases of crude oil trading near 5-year lows and a weak trend in shares. Logging its fourth consecutive session of decline, the local currency...
  • Cabinet approves Insurance Bill, Rajya Sabha may take up next week December 10, 2014

    New Delhi: The Cabinet on Wednesday night approved the insurance amendment bill with a composite foreign investment cap of 49 per cent for presenting it in Parliament, incorporating the changes suggested by a House panel. The Cabinet, headed by Prime Minister Narendra Modi, approved incorporation of amendments suggested by a Parliamentary...
  • Arun Jaitley promises 'civilised' tax regime to attract investment December 10, 2014

    New Delhi: India will soon raise the foreign investment cap in insurance sector and work for making the tax regime "civilised" to attract overseas investments, Finance Minister Arun Jaitley on Wednesday said while exuding confidence of achieving 6 per cent growth next fiscal. Underlining that growth would...
  • Parliamentary committee recommends 49 per cent cap on foreign investment in insurance December 10, 2014

    New Delhi: A Parliamentary Committee has recommended a composite cap of 49 per cent on foreign investment in insurance in a report tabled in Rajya Sabha on Wednesday. The Select Committee report said that the cap on foreign investment in insurance include foreign direct investment and foreign portfolio investments. The Congress has...
  • Live: Uproar in Lok Sabha over objectionable remarks by TMC leader Kalyan Banerjee against PM Modi December 10, 2014

    After a delay of almost seven years, the legislative approval to hike foreign direct investment in insurance sector from 26 per cent to 49 per cent may finally come from Parliament. The Select Committee on the Insurance Bill will submit its report to the Rajya Sabha on Wednesday. ...
  • Rupee falls to over 1-week low vs US dollar, down 14 paise at 62.02 December 10, 2014

    Mumbai: Falling for the third day, Indian rupee on Wednesday weakened by 14 paise to close at over one-week low of 62.02 against the Greenback on sustained dollar demand from importers and fresh capital outflows. Some hesitancy in local equities and a stable dollar overseas had no major impact on the...
  • Rupee down 7 paise against dollar in early trade December 9, 2014

    Mumbai: The rupee depreciated by another 7 paise to 61.90 against the US dollar in early trade on Tuesday at the Interbank Foreign Exchange on sustained demand for the American currency from banks and importers amid a weak opening in the equity market. Besides, widening current account deficit to $10.1 billion...
  • Rupee down 17 paise against dollar in early trade December 8, 2014

    Mumbai: The rupee weakened by 17 paise to 61.94 against the US dollar in early trade on Monday on fresh demand for the American currency from banks and importers. Gains in the US dollar against major global currencies after data last week showed a better-than-expected jump in US jobs creation put...
  • SC asks Centre to ensure completion of Income Tax probe into black money case by March 31 December 3, 2014

    New Delhi: The Supreme Court on Wednesday asked the Centre to ensure that the ongoing Income Tax probe for suspected black money concerning 627 Indians who have accounts in HSBC bank, Geneva, be completed by March next year. The apex court directed the Special Investigation Team (SIT) probing the black...
  • PM Modi's foreign visits will help us achieve our mission of a developed India: Sushma Swaraj December 3, 2014

    New Delhi: Giving a statement on the recent foreign visits of Prime Minister Narendra Modi, External Affairs Minister Sushma Swaraj on Wednesday assured the Lok Sabha that such trips "will help us achieve the mission of a developed India." There has been a boiling controversy over Modi's visits abroad. He...
  • Sushma Swaraj to make a statement on PM Modi's foreign tour December 3, 2014

    New Delhi: External Affairs Minister Sushma Swaraj will make an official statement on Wednesday regarding Prime Minister Narendra Modi's foreign trips. Modi has recently returned from Nepal after attending two-day SAARC summit. Modi has dedicated almost a month of his tenure till date to international visits and has been targeted by...
  • Sushma Swaraj likely to make statement on PM's foreign trips after returning from Kathmandu: Sources November 26, 2014

    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 November 26, 2014

    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 November 21, 2014

    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...
  • IB sounds alert, foreign nationals on ISIS target November 11, 2014

    Intelligence Bureau has issued alert on possible attacks on foreign nationals. The ISIS and terror groups of allied ideology behind these attacks. ...
  • 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 12 paise against dollar, ends at 61.50 November 10, 2014

    Mumbai: Snapping the three-day losing streak, the rupee on Monday gained 12 paise at 61.50 against the dollar on fresh selling of the US currency by banks and exporters on the back of strong capital inflows. A weak dollar in the overseas market also boosted...
  • 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...