News for '-philippines'

Sindhu, Satwik-Chirag enter BAC quarters; Saina out

Sindhu, Satwik-Chirag enter BAC quarters; Saina out

Rediff.com28 Apr 2022

PV Sindhu advanced to the quarterfinals of Badminton Asia Championships

'Strong American pressure to introduce GM mustard'

'Strong American pressure to introduce GM mustard'

Rediff.com14 Feb 2023

'The RSS has opposed the introduction of GM Mustard tooth and nail, but PM Modi does not give a hoot for what they think.'

Five boxers to watch out for at the Tokyo Olympics

Five boxers to watch out for at the Tokyo Olympics

Rediff.com16 Jul 2021

Here are five boxers to watch when the Games kick off

Recipe: Ron Ramirez's Beauty of Chandigarh

Recipe: Ron Ramirez's Beauty of Chandigarh

Rediff.com25 Oct 2021

If you're a fan of dry gin, you will love this unusual cocktail.

Couple get married as volcano erupts behind them

Couple get married as volcano erupts behind them

Rediff.com14 Jan 2020

Chino and Kat Vaflor were tying the knot at a venue 10 miles from the Taal Volcano when wedding photographer Randolf Evan captured dramatic shots of the couple with the ash plume seemingly overhead.

India, Pak bonhomie at WTO blossoms despite fractious bilateral relations

India, Pak bonhomie at WTO blossoms despite fractious bilateral relations

Rediff.com17 Aug 2022

Even as the bilateral relationship between the two neighbouring countries remains hostile, there is growing coordination between India and Pakistan on one multilateral forum - the World Trade Organization (WTO). Both countries have made two joint submissions at the WTO as co-sponsors in the past two months. In June, Pakistan joined India, Cuba, and 44 African countries, seeking sufficient flexibility in intellectual property rights for developing countries to fight the Covid-19 pandemic.

Inflation to further decline, assures Sitharaman

Inflation to further decline, assures Sitharaman

Rediff.com14 Dec 2022

Finance minister Nirmala Sitharaman on Wednesday exuded confidence that inflation would further decline and the government is on track to meet its budgetary target for deficit and said that there is no fear of stagflation in India. Replying to the debate on first batch of Supplementary Demands for Grants 2022-23 in Lok Sabha, the finance minister said inflation has come down and it is now in the tolerable band of the RBI. Inflation has been declining since April 2022 and it is declining further, she said.

AUKUS And The Militarization Of Indo Pacific

AUKUS And The Militarization Of Indo Pacific

Rediff.com20 Mar 2023

Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

Rediff.com24 May 2022

As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".

REVEALED: How Much New BrahMos Missiles Cost

REVEALED: How Much New BrahMos Missiles Cost

Rediff.com26 Sep 2022

The MoD did not reveal the number of missiles procured through the latest contract.
However, this information was inadvertently revealed through an official MoD photograph that accompanied the announcement.

Be ready to fight and win wars, Xi Jinping tells PLA

Be ready to fight and win wars, Xi Jinping tells PLA

Rediff.com9 Nov 2022

Xi said the entire military should devote all its energy to carry out all its work for combat readiness, enhance its capability to fight and win, and effectively fulfill its missions and tasks

FPIs pull out Rs 17,696 cr from Indian markets in Dec so far

FPIs pull out Rs 17,696 cr from Indian markets in Dec so far

Rediff.com19 Dec 2021

Foreign portfolio investors (FPIs) have pulled out Rs 17,696 crore from the Indian markets in December so far amid uncertainty due to a new coronavirus strain, Omicron, and expectations of faster tapering by the US Federal Reserve. According to the depositories data, FPIs took out Rs 13,470 crore from equities, Rs 4,066 crore from the debt segment and Rs 160 crore from hybrid instruments between December 1-17. In November, FPIs were net sellers to the tune of Rs 2,521 crore in Indian markets.

Asian Games medallist footballer Bhowmick dead

Asian Games medallist footballer Bhowmick dead

Rediff.com22 Jan 2022

Legendary former India footballer and celebrated coach Subhas Bhowmick died after prolonged illness in the wee hours of Saturday, according to family sources.

First look! And the new Miss Universe 2018 is...

First look! And the new Miss Universe 2018 is...

Rediff.com18 Dec 2018

Miss Philippines Catriona Gray was crowned Miss Universe 2018 in Bangkok, Thailand.

Anwar Ali on scoresheet as India rout Hong Kong to top group

Anwar Ali on scoresheet as India rout Hong Kong to top group

Rediff.com14 Jun 2022

The Blue Tigers raced to a 1-0 lead with the 21-year-old centreback Anwar scoring his maiden international goal four years after his career nearly ended on health grounds.

FPIs pull out nearly Rs 40,000-cr from equities in May

FPIs pull out nearly Rs 40,000-cr from equities in May

Rediff.com5 Jun 2022

Continuing its heavy selling spree for the eighth consecutive month, foreign investors pulled out nearly Rs 40,000 crore from the Indian equity market in May on fears of an aggressive rate hike by US Federal Reserve that dented investor sentiments. With this, net outflow by foreign portfolio investors (FPIs) from equities reached at Rs 1.69 lakh crore so far in 2022, data with depositories showed. Going ahead, FPI flows will remain volatile in the emerging markets on account of rising geo-political risk, rising inflation, tightening of monetary policy by central banks, among others, Shrikant Chouhan, Head - Equity Research (Retail), Kotak Securities said.

Moody's warns of India's vulnerability to volatile food, energy prices

Moody's warns of India's vulnerability to volatile food, energy prices

Rediff.com20 Jul 2022

Moody's Investors Service has warned that India, along with the Philippines, Thailand, and Vietnam are highly vulnerable to volatile food and energy prices in the Asia-Pacific region as the Russia-Ukraine conflict continues to disrupt supplies and raise the cost of agricultural products, especially cereals and vegetable oils, as well as fertilizers and other agricultural inputs. This is so because these countries have a higher weighting of energy and food prices in their consumer price index (CPI) baskets, Moody's said in its report released on Tuesday. The weighting of energy and food in overall Indian CPI stands at over 55 per cent.

Spectrum costs will drive up debt for some Asia-Pacific telcos: Moody's

Spectrum costs will drive up debt for some Asia-Pacific telcos: Moody's

Rediff.com29 Nov 2021

Telcos in Asia's emerging markets will face higher spectrum liabilities, but these essential costs are not subject to refinancing and have limited immediate impact on cash flows and liquidity, Moody's Investors Service said on Monday. The ratings of Asia-Pacific (APAC) telecom companies in emerging markets can tolerate the increased deferred spectrum liabilities at current levels, if these essential costs are the main driver of high debt or weaker leverage, Moody's Investors Service said in a new report. For emerging markets -- China, India, Indonesia, Malaysia and Philippines -- spectrum liabilities to gross debt will increase to more than 16 per cent in 2021 and 2022, from 11.6 per cent in 2020 and 9.3 per cent in 2018, assuming India completes its 5G spectrum auction in 2022, it added.

China aggressor against India, says next US envoy to Beijing

China aggressor against India, says next US envoy to Beijing

Rediff.com21 Oct 2021

China has been an aggressor against India along the Himalayan border, a top American diplomat nominated by President Joe Biden as his next envoy to Beijing has told lawmakers, stating that the US must hold the Chinese government accountable for failing to play by the rules.

China claims 1,000 years sovereignty over SCS, denies US charges

China claims 1,000 years sovereignty over SCS, denies US charges

Rediff.com15 Jul 2020

In a major policy speech on Monday, US Secretary of State Mike Pompeo said the world will not allow China to treat the strategically important South China Sea (SCS) as its 'maritime empire' and vowed to support worried Southeast Asian countries against Beijing's 'campaign of bullying' to control the resource-rich region.

FPIs withdraw Rs 50,203 cr from equity market in June

FPIs withdraw Rs 50,203 cr from equity market in June

Rediff.com3 Jul 2022

Continuing their massive selling spree for the ninth consecutive month, foreign investors dumped Indian shares worth Rs 50,203 crore in June -- the highest net outflow in over two years -- amid aggressive rate hike by the US Federal Reserve, elevated inflation and relatively higher valuation of domestic equities. Foreign portfolio investors (FPIs) have now pulled out around Rs 2.2 lakh crore from domestic equities in the first six months of 2022 -- the highest-ever net withdrawal by them. Before that, FPIs withdrew Rs 52,987 crore in the entire 2008, data with depositories showed.

India bans wheat exports to control rising domestic prices

India bans wheat exports to control rising domestic prices

Rediff.com14 May 2022

India has banned wheat exports with immediate effect as part of measures to control rising domestic prices, according to official notification. However, the export shipments for which irrevocable letters of credit (LoC) have been issued on or before the date of this notification will be allowed, the Directorate General of Foreign Trade (DGFT) said in a notification dated May 13. "The export policy of wheat ... is prohibited with immediate effect...," the DGFT said. It also clarified that wheat exports will be allowed on the basis of permission granted by the Government of India to other countries to meet their food security needs and based on the request of their governments.

Olympics Boxing: Surmeneli, Yafai, Sousa steal show

Olympics Boxing: Surmeneli, Yafai, Sousa steal show

Rediff.com7 Aug 2021

Britain's Galal Yafai and Bulgaria's Stoyka Zhelyazkova Krasteva won first boxing golds for their countries at the Tokyo Olympics after dominant displays in their flyweight finals on Saturday.

Quad unveils new initiative to monitor maritime activity across Indo-Pacific

Quad unveils new initiative to monitor maritime activity across Indo-Pacific

Rediff.com24 May 2022

Four-nation grouping Quad on Tuesday launched a major new initiative for the Indo-Pacific that allows the partner countries to fully monitor the waters on their shores and help ensure peace and stability in the region, a move that comes amid China's increasingly intimidatory behaviour.

Peace in Ladakh key for ties with China: Modi at India-Australia summit

Peace in Ladakh key for ties with China: Modi at India-Australia summit

Rediff.com21 Mar 2022

It was the second time in the last three days that India asserted that the relationship with China depends on the resolution of the pending issues in eastern Ladakh.

Committed to security of allies, partners, says US amid Chinese aggression

Committed to security of allies, partners, says US amid Chinese aggression

Rediff.com6 Aug 2022

Japan also reported that five of those missiles landed in its exclusive economic zone, understandably causing grave concern.

In first meet with Xi, Biden brings up China's policies in Taiwan, Tibet, Hong Kong

In first meet with Xi, Biden brings up China's policies in Taiwan, Tibet, Hong Kong

Rediff.com14 Nov 2022

US President Joe Biden and his Chinese counterpart Xi Jinping on Monday held their first in-person meeting in Bali, with both leaders underscoring the need to manage their differences and prevent a conflict, amid Beijing's coercive military posturing against Taiwan and in the strategic Indo-Pacific region.

Q2 economic output likely to be hit by chip shortage

Q2 economic output likely to be hit by chip shortage

Rediff.com11 Sep 2021

Input shortages and low inventories, according to Nomura, will likely lead to production cuts and delayed shipments in the September 2021 quarter.

FPIs withdrew Rs 41,000 cr in March

FPIs withdrew Rs 41,000 cr in March

Rediff.com3 Apr 2022

Continuing their selling spree for the sixth consecutive month, foreign investors pulled out a massive Rs 41,000 crore from the Indian equity market in March on anticipation of rate hikes by the US Federal Reserve and deteriorating geopolitical environment amid the Russia-Ukraine war. Further, flows from foreign portfolio investors (FPIs) are expected to remain volatile in the near term given the headwinds in terms of elevated crude prices and inflation, experts said. According to data available with the depositories, FPIs were net sellers to the tune of Rs 41,123 crore in the equity market last month.

Money pulled from China finds way to Asean countries, not India

Money pulled from China finds way to Asean countries, not India

Rediff.com4 May 2022

The outbreak of the Omicron variant of the coronavirus and unprecedented lockdowns in China have roiled its equity market and also that of Hong Kong. After the crisis-hit Sri Lanka, China and Hong Kong are the worst-performing stock markets in Asia on a year-to-date basis.

Rupee outperforms most EM peers as dollar surges to a 20-year high

Rupee outperforms most EM peers as dollar surges to a 20-year high

Rediff.com1 Sep 2022

If there was one event that made the month of August stand out, it was a strengthening of the dollar index to levels last seen only 20 years ago, as the Federal Reserve dispelled all doubts about its intention to continue raising interest rates. Predictably, most currencies suffered against the US unit, with the bulk of the losers belonging to the emerging markets pack. Amid the volatility, the rupee, however, has displayed significant resilience and fared much better than most of its peer currencies.

Australian, Chinese envoys to India spar over SCS

Australian, Chinese envoys to India spar over SCS

Rediff.com31 Jul 2020

The Australian High Commissioner had said Australia remains deeply concerned by Chinese actions in the South China Sea that are 'destabilising and could provoke escalation'. In a tweet, the Chinese envoy took objection to his remarks and said they were made 'disregarding facts'.

Novovax Covid vaccine likely to get nod in India ahead of US

Novovax Covid vaccine likely to get nod in India ahead of US

Rediff.com18 Aug 2021

Adar Poonawalla said he was hopeful that Covovax, the Novavax vaccine made by SII, will be launched around October this year for adults and for children by the first quarter of next year, depending on DCGI approvals.

FPIs turn net sellers in Oct; pull out Rs 12,278 crore

FPIs turn net sellers in Oct; pull out Rs 12,278 crore

Rediff.com31 Oct 2021

After two months of buying, foreign portfolio investors (FPIs) have turned net sellers in October by pulling out Rs 12,278 crore from Indian markets. As per depositories data, FPIs took out Rs 13,550 crore from equities but invested Rs 1,272 crore in the debt segment during October 1-29. The total net outflow stood at Rs 12,278 crore during the period under review.

Hindujas sell health care unit to Baring Private Equity for $1.2 billion

Hindujas sell health care unit to Baring Private Equity for $1.2 billion

Rediff.com11 Aug 2021

Hinduja Group's business process management entity, Hinduja Global Solutions Limited (HGS) said on Wednesday that it has entered into definitive agreements to divest its Healthcare Services business to funds affiliated with Baring Private Equity Asia (BPEA), at an enterprise value of $1.2 bilion. The deal is subject to closing adjustments, and is expected to complete within 90 days, subject to shareholder and other regulatory approvals. "The cash that will come in as a result of this transaction will be deployed to growing the business as well as looking at buying some capabilities...where capabilities are important for being able to do a good job of customer experience transformation.

New variant: India to screen, test flyers from several countries

New variant: India to screen, test flyers from several countries

Rediff.com27 Nov 2021

Ministry of health and family welfare adds Hong Kong and Israel to the list of countries from where travellers would need to follow additional measures on arrival in India, including post-arrival testing considering the detection of new COVID variant 'Omicron' in South Africa.

Nearly 5mn Indians forced to flee their homes due to disasters in 2021: UN

Nearly 5mn Indians forced to flee their homes due to disasters in 2021: UN

Rediff.com17 Jun 2022

"The largest displacements in the context of disasters in 2021 occurred in China (6.0 million), the Philippines (5.7 million) and India (4.9 million). Most disaster displacements during the year were temporary," it said.

Kamala Harris accuses China of 'coercion, intimidation' in SCS

Kamala Harris accuses China of 'coercion, intimidation' in SCS

Rediff.com24 Aug 2021

Harris, in a major foreign policy speech as part of her three-day visit to Singapore, said America's vision includes the freedom of navigation which is vital to all.

Chess Olympiad: Red-hot India 'B' thrash Estonia 4-0

Chess Olympiad: Red-hot India 'B' thrash Estonia 4-0

Rediff.com30 Jul 2022

India 'B' blanked Estonia 4-0 in the second round of the Open section in the 44th Chess Olympiad in Mamallapuram, Chennai, on Saturday while the second-seeded India 'A' team defeated Moldova 3.5-0.5 to make it two wins from as many matches.