Search results for 'International Economics'

International flights to get one-year landing charge waiver at Navi Mumbai

International flights to get one-year landing charge waiver at Navi Mumbai

Rediff.com10 Sep 2026

The Airports Economic Regulatory Authority (AERA) has waived landing charges for international flights at the Navi Mumbai International Airport for one year, with phased discounts for subsequent years. This move aims to incentivise airlines to establish new international routes from the airport, modifying previous criteria that linked waivers to the broader Mumbai Metropolitan Region.

Messi Retires! The Milestones That Defined His International Career

Messi Retires! The Milestones That Defined His International Career

Rediff.com31 Aug 2026

Lionel Messi, widely regarded as one of the greatest footballers of all time, has announced his retirement from international football, concluding a career marked by numerous club and international accolades, including multiple Ballon d'Or awards and a World Cup title.

All Iranian airlines to be shut down globally from Sept 23: US

All Iranian airlines to be shut down globally from Sept 23: US

Rediff.com5 days ago

United States Treasury Secretary Scott Bessent has warned that Iranian airlines could be effectively shut out of international travel from Wednesday, September 23, as Washington threatens secondary sanctions against foreign companies that continue providing services to Iran's carriers.

Is India Running Out of Milk?

Is India Running Out of Milk?

Rediff.com1 days ago

India's milk supply is struggling to keep pace with rising demand as heat, fodder shortages and low animal productivity threaten dairy production.

'Very heavy tariffs': Trump fumes as Canada moves closer to EU

'Very heavy tariffs': Trump fumes as Canada moves closer to EU

Rediff.com17 Sep 2026

US President Donald Trump has threatened the European Union with "very heavy tariffs" if he perceives their actions as hostile, specifically in response to Canada's efforts to deepen economic and strategic ties with the EU. This comes as European Commission President Ursula von der Leyen invited Canada to become the EU's first "associate member" to strengthen resilience amid global trade uncertainties and US trade policies.

Western Australia Premier Highlights Cricket's Role In Strengthening India-Australia Relations

Western Australia Premier Highlights Cricket's Role In Strengthening India-Australia Relations

Rediff.com19 Sep 2026

Western Australia Premier Roger Cook emphasised cricket's pivotal role in enhancing India-Australia relations, fostering business development, economic ties, and trade. He highlighted the upcoming Big Bash League match in Chennai and the opening of the University of Western Australia campus in Mumbai as key initiatives strengthening bilateral cooperation and cultural exchange.

Iranian President urges BRICS to end Western dominance

Iranian President urges BRICS to end Western dominance

Rediff.com13 Sep 2026

Iranian President Masoud Pezeshkian urged BRICS nations to expand trade in national currencies and build an inclusive global economic framework. He criticised "unilateral sanctions" by Western powers, stating they make emerging economies vulnerable and impact global food security. Pezeshkian emphasised BRICS' role in creating a balanced world order and highlighted Iran's geopolitical and energy capacities for cooperation.

Will take steps to...: India reacts to US sanctions bill

Will take steps to...: India reacts to US sanctions bill

Rediff.com17 Sep 2026

India has stated its commitment to protecting its economic interests and ensuring energy security after the US House of Representatives passed a bill allowing the US President to impose tariffs of up to 100 per cent on countries, including India and China, for purchasing Russian crude oil. The Ministry of External Affairs affirmed India's resolve to maintain diversified energy sourcing and has articulated its concerns to US interlocutors regarding the bill's potential implications.

Xi announces US visit, Trump plans rare airport welcome

Xi announces US visit, Trump plans rare airport welcome

Rediff.com6 days ago

Chinese President Xi Jinping is set to visit the United States from September 23 to 25 for summit talks with US President Donald Trump, with discussions expected to cover critical economic and trade issues, including AI, and the recently signed US sanctions law targeting countries buying Russian oil and gas.

Russia backs India's bid for UNSC permanent seat

Russia backs India's bid for UNSC permanent seat

Rediff.com4 hours ago

Russian Foreign Minister Sergey Lavrov has publicly supported India's bid for a permanent seat on the United Nations Security Council. He stated that any reform of the UNSC should not grant additional seats to Western countries like Germany and Japan, citing their "militarism and revanchism." Instead, Russia advocates for increased representation from Asia, Africa, and Latin America, specifically backing India and Brazil, while also emphasizing the need to address African interests.

Days after signing sanctions bill, Trump may receive Xi at airport

Days after signing sanctions bill, Trump may receive Xi at airport

Rediff.com6 days ago

Top US and Chinese officials, including Vice Premier He Lifeng and Treasury Secretary Scott Bessent, held "candid, in-depth and constructive" talks in New York on economic and trade issues, with a specific focus on artificial intelligence. These discussions precede Chinese President Xi Jinping's anticipated visit to Washington and occur amidst new US sanctions targeting countries purchasing Russian oil and gas, and the US unveiling an "AI Force."

BRICS Summit Pushes For Safe And Inclusive AI Development

BRICS Summit Pushes For Safe And Inclusive AI Development

Rediff.com12 Sep 2026

BRICS leaders, in their New Delhi Declaration 2026, have called for wider access to Artificial Intelligence resources and stronger international cooperation to ensure the technology is safe, secure, inclusive, and reliable. The declaration outlines a broad technology agenda covering AI, cybersecurity, digital public infrastructure, telecom, quantum technologies, and advanced manufacturing, committing to implement the grouping's statement on 'Global Governance of Artificial Intelligence'.

CBIC plans wider AI use, unified portal to ease Customs compliance: Chairman

CBIC plans wider AI use, unified portal to ease Customs compliance: Chairman

Rediff.com17 Sep 2026

The Central Board of Indirect Taxes and Customs (CBIC) is set to significantly increase its use of artificial intelligence (AI), machine learning (ML), and real-time analytics in Customs processes, aiming for a near-touchless, near-digital clearance experience, according to Chairman Vivek Chaturvedi.

Serial practitioner of terrorism: Jaishankar slams Pak PM Sharif at UNGA

Serial practitioner of terrorism: Jaishankar slams Pak PM Sharif at UNGA

Rediff.com9 hours ago

India's External Affairs Minister S Jaishankar, addressing the UN General Assembly, strongly criticised Pakistan for its support of terrorism, asserting India's right to self-defence and stating that friendship cannot coexist with terrorism. He also highlighted India's global responsibilities, contributions to the Global South, and its stance on reformed multilateralism and AI.

BRICS 2026: India's Chance To Make Diplomatic Gains

BRICS 2026: India's Chance To Make Diplomatic Gains

Rediff.com12 Sep 2026

For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.

US tariff blitz on Russian oil: How will China strike back?

US tariff blitz on Russian oil: How will China strike back?

Rediff.com17 Sep 2026

China has strongly rejected a US bill that would impose tariffs on countries, including India, for purchasing Russian oil and gas. Beijing views the "Lindsey O Graham Sanctioning Russia and Iran Act 2026" as an act of "long-arm jurisdiction" and interference in its sovereign trade relations, asserting that its economic cooperation with other nations is based on equality and mutual benefit.

Putin to reach India on Friday to attend key BRICS Summit

Putin to reach India on Friday to attend key BRICS Summit

Rediff.com11 Sep 2026

Russian President Vladimir Putin is set to visit India for a three-day trip to attend the 18th BRICS Summit and engage in bilateral discussions with Prime Minister Narendra Modi. The summit will focus on strengthening strategic partnerships and addressing international issues, with Putin also scheduled to meet other world leaders.

How BRICS evolved from an acronym to a major global powerhouse

How BRICS evolved from an acronym to a major global powerhouse

Rediff.com10 Sep 2026

This article details the quarter-century journey of BRICS, from its inception as an economic acronym by a Goldman Sachs economist to its current status as an expanded eleven-member international bloc. It highlights its growth, key historical moments, and the significance of its upcoming summit, particularly with Iran's renewed importance in discussions.

Article 370 to 'vote chori': When Gyanesh Kumar made headlines

Article 370 to 'vote chori': When Gyanesh Kumar made headlines

Rediff.com3 days ago

Chief Election Commissioner Gyanesh Kumar is facing significant scrutiny after an investigation revealed objections from his fellow election commissioners, Sukhbir Singh Sandhu and Vivek Joshi, regarding decisions made during the Special Intensive Revision of voter lists. The objections, reportedly made at least 14 times, concerned issues like changes to voter registration forms and centralised control over electoral roll databases, intensifying criticism of Kumar's tenure and the EC's impartiality.

BRICS joint declaration omits mention of US for Iran attacks

BRICS joint declaration omits mention of US for Iran attacks

Rediff.com13 Sep 2026

The BRICS grouping adopted a consensus joint declaration in New Delhi, successfully navigating differences on the West Asia conflict but notably omitting any direct mention of US strikes on Iran or Iranian military attacks on Gulf Arab nations. The declaration also criticised Israel's actions in Gaza and called for a concerted approach against terrorism.

India condemns Houthi attacks on Saudi Arabia, urges regional stability

India condemns Houthi attacks on Saudi Arabia, urges regional stability

Rediff.com16 Sep 2026

India has expressed serious concern over Houthi attacks on Saudi Arabia's civilian infrastructure and economic assets, stating that such actions threaten regional stability and freedom of navigation through the Bab-el-Mandeb strait. External Affairs Minister S Jaishankar discussed the issue with his Saudi counterpart. India also condemned the targeting of commercial shipping after an Indian national went missing following an attack on a Panama-flagged ship off Oman.

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Rediff.com11 Sep 2026

Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.

India co-sponsors UN resolution to end child marriage

India co-sponsors UN resolution to end child marriage

Rediff.com6 Sep 2026

The UN General Assembly has adopted a resolution, co-sponsored by India, to designate November 27 as the International Day for the Elimination of Child, Early and Forced Marriage. This global initiative aims to raise awareness and accelerate efforts to combat this harmful practice, which disproportionately affects women and girls, hindering their education, health, and overall human rights.

India to sustain 7% growth in FY27 despite global headwinds: Sitharaman

India to sustain 7% growth in FY27 despite global headwinds: Sitharaman

Rediff.com31 Aug 2026

Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.

'Washington Shouldn't Threaten A Strategic Partner'

'Washington Shouldn't Threaten A Strategic Partner'

Rediff.com18 Sep 2026

'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'

Leaked images show damaged US bases in Iranian strikes

Leaked images show damaged US bases in Iranian strikes

Rediff.com17 Sep 2026

New photographic evidence and a Pentagon inspector general's report confirm extensive damage to US military installations across the Middle East due to Iranian missile and drone strikes. The report details billions in financial costs, structural losses to hundreds of buildings, and damage to dozens of aircraft, contradicting previous assertions about US military readiness and ordnance stockpiles. The conflict also led to disruptions in the Strait of Hormuz, impacting global oil prices.

UK Boosts Maritime Ties With US Torpedo Test

UK Boosts Maritime Ties With US Torpedo Test

Rediff.com5 days ago

The UK has successfully test-fired a US torpedo from an undersea drone, marking a significant advancement in submarine technology for the AUKUS partners (UK, US, Australia). This development coincides with Prime Minister Andy Burnham's visit to the UN General Assembly, where he is discussing global challenges like AI, the Ukraine conflict, and West Asia security with international leaders, and announced the UK will host the G20 Leaders' Summit in Manchester next November.

Why Is Colombo Still Biased Against Jaffna?

Why Is Colombo Still Biased Against Jaffna?

Rediff.com17 Sep 2026

'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'

Xi outlines four-point formula to reset India-China ties

Xi outlines four-point formula to reset India-China ties

Rediff.com12 Sep 2026

During the 18th BRICS Summit in New Delhi, Chinese President Xi Jinping and Prime Minister Narendra Modi held a bilateral meeting, outlining a four-point approach for the steady and long-term development of China-India relations. The leaders stressed strategic understanding, win-win cooperation, mutual respect, and inclusive multilateral engagement, reaffirming their commitment to resolving the boundary question and addressing economic concerns. They also discussed global challenges and strengthening people-to-people ties.

What Will Modi-Putin Discuss?

What Will Modi-Putin Discuss?

Rediff.com11 Sep 2026

One of the important topics of discussion between the two leaders is expected to be the Northern Sea Route and the Chennai-Vladivostok Maritime Corridor.

BRICS raises 'serious concerns' over unilateral tariffs, trade barriers

BRICS raises 'serious concerns' over unilateral tariffs, trade barriers

Rediff.com12 Sep 2026

BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.

Modi at BRICS: Global South must be 'rule shaper, not follower'

Modi at BRICS: Global South must be 'rule shaper, not follower'

Rediff.com13 Sep 2026

Prime Minister Narendra Modi, addressing the BRICS summit, called for a fundamental shift in global governance, advocating for the replacement of the current 'pyramid of privilege' with a 'platform of partnership' where the Global South becomes a 'rule shaper' rather than a 'rule follower'.

India on watch as Trump may sign Russia sanctions bill today

India on watch as Trump may sign Russia sanctions bill today

Rediff.com19 Sep 2026

US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.

Mayawati's younger nephew named BSP as national coordinator

Mayawati's younger nephew named BSP as national coordinator

Rediff.com4 days ago

The Bahujan Samaj Party (BSP) has appointed Ishan Anand, Mayawati's younger nephew, as its new national coordinator. This decision follows the removal of his elder brother, Akash Anand, from all party responsibilities. The appointment was made at a national executive meeting, where Mayawati reiterated the party's commitment to avoiding dynastic politics.

India sounds alarm over security, navigation risks amid Red Sea tensions

India sounds alarm over security, navigation risks amid Red Sea tensions

Rediff.com18 Sep 2026

India has once again raised alarms over the escalation in the security situation in the Red Sea area and strongly condemned Houthi strikes targeting Saudi Arabian territory, "including on civilians and economic assets."

India bloomed, doomsayers doomed: Modi on GDP growth

India bloomed, doomsayers doomed: Modi on GDP growth

Rediff.com31 Aug 2026

Prime Minister Narendra Modi celebrated India's 7.8 per cent GDP growth in the April-June quarter, attributing it to the collective strength of the people despite global uncertainties. He criticised "doomsayers" as the economy showed resilience, exceeding expectations even amidst international conflicts and supply chain issues.

Trump promises $5,000 to every adult American if GOP wins midterms

Trump promises $5,000 to every adult American if GOP wins midterms

Rediff.com10 Sep 2026

President Donald Trump has announced a promise to issue a USD 5,000 dividend to every adult US citizen if Republicans secure victory in both the House and the Senate in the upcoming midterm elections, citing the nation's economic success under his administration.

Trump Can't Concede Defeat; He Doesn't Know How To Win

Trump Can't Concede Defeat; He Doesn't Know How To Win

Rediff.com1 days ago

There are only bad and worse options before him, points out Aakar Patel.

India Rejects US Influence Claims Over UPI MDR Policy

India Rejects US Influence Claims Over UPI MDR Policy

Rediff.com17 Sep 2026

The Finance Ministry has dismissed allegations of US pressure influencing the 0.4% Merchant Discount Rate (MDR) on select UPI transactions. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI and do not favour international cards. The ministry also asserted that the MDR, applicable to person-to-merchant transactions above Rs 2,000, is unlikely to increase cash transactions or cause inflation, with measures in place to prevent burdening consumers.

India Pioneers 100% Hydrogen DRI Plant For Green Steel

India Pioneers 100% Hydrogen DRI Plant For Green Steel

Rediff.com13 Sep 2026

India is set to develop its first 100% hydrogen-powered Direct Reduced Iron (DRI) plant, a Rs 207-crore national pilot project led by CSIR-IMMT. This initiative aims to significantly reduce carbon emissions in the steel sector and achieve net-zero commitments, focusing on adapting the technology to India's domestic iron ore conditions.