FOREIGNERS

  • Budget woos foreign investors with tax incentives 17 hours 43 minutes ago

    Mumbai: India, keen to rekindle economic growth, wooed foreign investors on Saturday with a budget that delayed controversial rules to target tax avoidance and maintained lower taxes on income from debt investments. The measures, part of the government's budget for the next fiscal year, come amid growing concerns about foreign investors...
  • E-Commerce companies hope Jaitley will find a way out of current tax muddle 2 days ago

    Bengaluru: India's IT capital is the hub of booming e-commerce. And in budget 2015, India's e-commerce companies are hoping they will find a way out of their current tax muddle. With online shopping and online transactions growing by leaps over the last year, the big e-commerce players like Amazon and...
  • PM Modi's decisive leadership to bring India, US closer: America 2 days ago

    Washington: Praising the decisive leadership style of Prime Minister Narendra Modi on both the domestic and foreign policy fronts, a top American spy official told lawmakers here that India under Modi would work more closely with the US on security, terrorism and economic issues, despite maintaining an independent foreign policy. "Prime...
  • Re-imagining the Indian Foreign Service 5 days ago

    "Aap yeh cutlery aur menu decide karma chod dijiye aur yeh sochiye ki Bharat mein investment kaise laa sakte hain." That was Prime Minister Narendra Modi speaking at the Indian embassy in Japan on his hi-profile first trip to that country in 2014. Of all the civilian services Prime Minister...
  • Rupee bounces back by 11 paise against US dollar, ends at 62.20 5 days ago

    Mumbai: The rupee recouped by 11 paise to close at 62.20 against the US currency on fresh selling of the dollar by banks and exporters on hopes of more foreign capital inflows into equity market. The rupee resumed higher at 62.25 per dollar as against the last close of 62.31...
  • 'Ida' wins Oscar for best foreign language film 6 days ago

    Los Angeles: The black-and-white Polish film "Ida" has won the Academy Award for best foreign language film. The win marks the first foreign language Oscar for Poland despite nine previous nominations and a rich history of filmmaking, including by renowned directors like Andrzej Wajda and Roman Polanski. But the tautly made...
  • Foreign direct investment doubles to $2.16 billion in December 1 week ago

    New Delhi: Foreign direct investment (FDI) in India almost doubled to $2.16 billion in December 2014, compared to $1.10 billion in the same month of 2013. During the April-December period of the current fiscal, FDI rose by 27 per cent to $21.04 billion as against $16.56 billion in the same period...
  • AAP demands apology from BJP after Delhi HC's clean chit on foreign funds February 19, 2015

    New Delhi: After the Delhi High Court gave a clean chit to the Aam Aadmi Party on its foreign funds, the party has demanded an apology from the ruling Bharatiya Janata Party government at the Centre on the issue. The development took place after the Centre told the high court...
  • Centre takes a U-turn in Delhi HC, gives clean chit to Aam Aadmi Party's foreign funding February 18, 2015

    New Delhi: In a clear U-turn, the Centre on Wednesday told the Delhi High Court that nothing objectionable was detected in the foreign funding of Aam Aadmi Party (AAP). In the run up to the Delhi Assembly elections, the Bharatiya Janata Party (BJP) and Congress had tried to corner AAP over...
  • Full text: Prime Minister Narendra Modi's address at Aero India show February 18, 2015

    Bengaluru: Prime Minister Narendra Modi flagged off South Asia's biggest air show in Bengaluru on Wednesday. The 10th Aero India show reflecting India's air prowess, is based on the theme 'Make in India'. Speaking at the event, Modi said a nation with a strong defence will be secure and will have...
  • Rupee snaps two-session uptrend vs US dollar, down 18 paise February 18, 2015

    Mumbai: The Indian rupee snapped its two-session uptrend against the American currency on Wednesday, falling 18 paise to close at 62.34 on fresh dollar demand from banks and importers. The dollar was trading up in global markets on caution ahead of the US Federal Reserve's January policy meeting minutes release. The rupee...
  • Rupee ends higher for the 2nd consecutive day vs US dolla, up 3 paise February 16, 2015

    Mumbai: The rupee on Monday ended higher for the second consecutive day, moving up by another 3 paise to close at 62.16 against the dollar on continued selling of the US currency by banks and exporters. The rupee resumed higher at 62.15 per dollar as...
  • FIIs pour Rs 10,000 crore in Indian capital markets in two weeks February 15, 2015

    New Delhi: Overseas investors have pumped in over Rs 10,000 crore in Indian capital markets in the first two weeks of this month on hopes of a pro-growth budget and rising expectations the government will accelerate reforms. The fund inflow this month takes the investment to above Rs 43,000 crore (USD...
  • Rupee ends at nearly 4-week low of 62.17 vs dollar February 9, 2015

    Mumbai: Snapping its two-day gains, the rupee on Monday declined by 48 paise to settle at nearly four-week low of 62.17 against the US currency due to capital outflows and fresh dollar demand from banks and importers. Persistent fall in equity markets and a strong dollar...
  • Sujatha Singh hits out at government for ‘maligning reputation’ January 31, 2015

    New Delhi: Axed from the post of Foreign Secretary a few days ago Sujatha Singh has said that she is deeply pained by 'planted' media reports that her tenure was deliberately curtailed. She has said that her reputation is being tarnished. Former ambassador to US Subrahmanyam Jaishankar was apointed as...
  • Sujata Singh sacked: Does PM Modi want to run the country with his handpicked team of bureaucrats? January 29, 2015

    Even as Subrahmanyam Jaishankar on Thursday took charge as the new Foreign Secretary of India after the Central Government sacked his predecessor Sujatha Singh, the move is likely to lead to discontent among several senior Indian Foreign Service officers. ...
  • Indians largest foreign voter group in UK January 29, 2015

    London: Over six lakh India-born migrants form the UK's largest foreign-born voter population and they could play a decisive role in certain constituencies in the general election in May. According to a new study titled 'Migrant Voters in the 2015 Election' released on Thursday, 6,15,000 Indian-origin voters are expected to...
  • I was very much a part of decision to appoint Jaishankar as Foreign Secretary: Sushma Swaraj January 29, 2015

    New Delhi: External Affairs Minister Sushma Swaraj said on Thursday that she was very much a part of the decision to appoint S Jaishankar as Foreign Secretary. In a sudden late night shakeup in the External Affairs Ministry on Wednesday, the government appointed Ambassador to the US Jaishankar as the Foreign...
  • 2 sackings and different situations: Sujatha Singh is not Venkateshwaran and 2015 is not 1987 January 29, 2015

    "We might flatter ourselves that we are doing something extremely valuable for the country, but unless it is also perceived as such by our countrymen, they might well conclude our contribution is not worthwhile..." The above is an extract from a letter dated April 30, 1986. sent by AP Venkateswaran to...
  • Sushma Swaraj was not in favour of sacking Sujatha Singh, say sources January 29, 2015

    New Delhi: External Affairs Minister Sushma Swaraj was not in favour of "curtailing" Sujatha Singh's tenure as the Foreign Secretary of India, say sources. The sacking of Sujatha Singh, who was to retire in July, is one of the reasons of tussle between her and National Security Advisor Ajit Doval. Sources...
  • Why Subrahmanyam Jaishankar is the best man for the job January 29, 2015

    A lot of hue and cry is being made about the rather abrupt manner in which the previous Foreign Secretary Sujatha Singh was curtailed of her services and her junior and Ambassador to the US, S Jaishankar was appointed in her place. And that too, just a couple of days...
  • Subrahmanyam Jaishankar takes charge as Foreign Secretary amidst controversy January 29, 2015

    New Delhi: Even as Subrahmanyam Jaishankar on Thursday took charge as the new Foreign Secretary of India after the Central Government sacked his predecessor Sujatha Singh, the move is likely to lead to discontent among several senior Indian Foreign Service officers. Jaishankar, who turned 60 on January 9, was due...
  • Rupee logs worst drop in 7 weeks vs US dollar, down 45 paise at 61.86 January 29, 2015

    Mumbai: The Indian rupee on Thursday slid by 45 paise, its worst singe-session drop in nearly seven weeks, to end at 61.86 against the greenback on month-end dollar demand from importers and banks amid speculation that US Fed is considering raising interest rates later this year. Dollar demand from importers, mainly...
  • Who is new Foreign Secretary S Jaishankar? January 28, 2015

    New Delhi: S Jaishankar, who on Wednesday was appointed as the new Foreign Secretary, replaces Sujatha Singh on the post. He was the Ambassador to the US, having been appointed in December, 2013. Jaishankar's performance as the Indian Ambassador to the US has catapulted him to the post of the coveted...
  • Pakistan opposes US support for India's bid to UN Security Council January 28, 2015

    New Delhi: A day after US President Barack Obama assured that they will push for India's permanent membership in the United Nations Security Council, Pakistan has opposed the bid. Pakistan's Adviser on National Security and Foreign Affairs Sartaj Aziz said US support for India's permanent seat in the UNSC...
  • Rupee edges higher against US dollar at 61.41 January 27, 2015

    Mumbai: The Indian rupee on Tuesday ended marginally higher against the American currency at 61.41 amid volatile trading on the back of a higher dollar overseas. Earlier, the rupee resumed lower at 61.50 per dollar as against last Friday's close of 61.42 at the Interbank Foreign Exchange market. It then declined...
  • Rupee gains 9 paise against dollar in early trade January 21, 2015

    Mumbai: The rupee strengthened by 9 paise to 61.60 against the US dollar in early trade, extending its rising streak for the fifth straight day at the Interbank Foreign Exchange on selling of the US currency by exporters and banks. The rupee settled two paise higher at 61.69 against the...
  • Rupee up 2 paise against US dollar at 61.69 January 20, 2015

    Mumbai: The Indian rupee on Tuesday gained 2 paise against the dollar at 61.69 with banks and exporters selling the US currency amid sustained capital inflows in view of strong equity markets, extending gains for the forth day in succession. The rupee resumed lower at...
  • Why 2015 will be defining year for India January 16, 2015

    New Delhi: If there were an annual prize for the "World's Most Hopeful Economy," it would likely go to India. After years of disappointing returns, the world's largest democracy rediscovered vigor in 2014. Stocks rose by a third; foreign investment grew by a quarter; the economy at one stage expanded...
  • Rupee rises to over 1-month high, up 19 paise Vs US dollar at 61.87 January 16, 2015

    Mumbai: The Indian rupee on Friday appreciated for the second straight session and rose 19 paise to log its over one-month closing high of 61.87 against the Greenback following sustained dollar selling by exporters and capital inflows in local shares. However, a strong dollar overseas after Switzerland's unexpected move to lift...