News for '-the-straits'

Iran releases 5 Indians from seized Israeli-linked ship

Iran releases 5 Indians from seized Israeli-linked ship

Rediff.com10 May 2024

The Indian Embassy, while sharing details of their release, thanked the Iranian authorities for their close coordination with the Embassy and Indian Consulate in Bandar Abbas.

Vijay 69 Review: Bland

Vijay 69 Review: Bland

Rediff.com8 Nov 2024

It's too bad Viijay 69 does not let the viewer feel Anupam Kher's despair or his triumph. The most forgettable 'zero to hero' films at least managed that much, notes Deepa Gahlot.

FPI selling tops $10 bn in Oct amid China shift

FPI selling tops $10 bn in Oct amid China shift

Rediff.com22 Oct 2024

Foreign portfolio investors (FPIs) have net sold domestic shares worth over $10 billion so far this month amid a shift to China, which not only offers attractive valuations compared to India but has also announced several measures to support the economy and the stock market in recent weeks. If the trend doesn't reverse, this will be the first time that overseas funds will yank out more than $10 billion from Indian equity markets in a month.

Market Rout Shaves Rs 16 Trn From India's MCap

Market Rout Shaves Rs 16 Trn From India's MCap

Rediff.com5 Oct 2024

On a five-day rolling basis, FPI selling is the highest in 24 years.

How a full-blown Iran-Israel war may hurt India's trade

How a full-blown Iran-Israel war may hurt India's trade

Rediff.com2 Oct 2024

The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.

A yr of Israel-Hamas war: Trade with W Asia holds steady

A yr of Israel-Hamas war: Trade with W Asia holds steady

Rediff.com14 Oct 2024

A year after a Hamas attack against Israel on October 7 and the ensuing Israeli invasion of the Gaza Strip, India's trade with most West Asian countries has largely escaped any major disruption, except with countries like Israel, Lebanon, and Jordan. However, repeated flare-ups of geopolitical tensions in the region continue to drive up shipping and logistics costs.

India to award leases to top up strategic oil reserves amid Gulf tensions

India to award leases to top up strategic oil reserves amid Gulf tensions

Rediff.com17 Oct 2024

State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India's strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil storage space (7.3 million barrels) at two of the country's three existing Strategic Petroleum Reserves (SPRs), around a fifth of the total SPR capacity. This will enable the refilling of crude caverns even as escalating hostilities in the Gulf threaten disruptions in crude supplies, two industry sources said.

Oil-gas stocks: Investors must brace for negative impact in Q1 FY25

Oil-gas stocks: Investors must brace for negative impact in Q1 FY25

Rediff.com25 Apr 2024

Escalation of the conflict in West Asia between Israel and Iran has had a direct impact on the energy markets, and more broadly on the financial markets as well as the global economy.

India contacts Iran to free 17 citizens onboard ship seized by Tehran

India contacts Iran to free 17 citizens onboard ship seized by Tehran

Rediff.com13 Apr 2024

Sources are in touch with Iranian authorities through diplomatic channels, both in Tehran and in Delhi.

Tension escalates as Iran seizes Israel-linked ship near Strait of Hormuz

Tension escalates as Iran seizes Israel-linked ship near Strait of Hormuz

Rediff.com13 Apr 2024

The MSC Aries was last seen on Friday, sailing towards the Strait of Hormuz off the coast of Dubai, according to The Times of Israel.

What Will Modi Discuss At Quad Meeting?

What Will Modi Discuss At Quad Meeting?

Rediff.com20 Sep 2024

Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.

Iran to allow access to 17 Indian crew members on seized ship

Iran to allow access to 17 Indian crew members on seized ship

Rediff.com15 Apr 2024

Official sources in India said it is in touch with Iran to secure the release of 17 Indians.

22 Singapore Airlines passengers suffered spinal injuries

22 Singapore Airlines passengers suffered spinal injuries

Rediff.com24 May 2024

The oldest patient at the hospital is 83, while the youngest is a two-year-old child who suffered a concussion.

Why Securing Gateway of Tears Is Critical For India

Why Securing Gateway of Tears Is Critical For India

Rediff.com5 Jan 2024

The Indian Navy, which regards itself as the 'net security provider' in the Indian Ocean Region, has also stepped up to the plate, with a warship stationed at all times off the Gulf of Aden for counter-piracy tasks. 91 Indian warships have been deployed in the region since 2008, patrolling high risk areas where piracy was rampant.

India Inc feels the heat of West Asia conflict

India Inc feels the heat of West Asia conflict

Rediff.com29 Apr 2024

Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.

Will seriously consider release of Indian crew members: Iran

Will seriously consider release of Indian crew members: Iran

Rediff.com27 Apr 2024

The MEA had said there are certain "technicalities involved" in the return of the remaining 16 Indian crew members.

Kerala woman among 17 Indians onboard ship seized by Iran

Kerala woman among 17 Indians onboard ship seized by Iran

Rediff.com15 Apr 2024

The father said that he has not received any updates from the state or the Central governments regarding his daughter's current status.

Turbulence-hit Singapore Airlines flight dropped 178 ft in 4.6 secs

Turbulence-hit Singapore Airlines flight dropped 178 ft in 4.6 secs

Rediff.com29 May 2024

Investigators found that the aircraft, a Boeing 777-300ER, was flying at its cruise altitude of 37,000 ft south of Myanmar and near an area of developing storms in the afternoon when turbulence started to cause fluctuations between +0.44g and +1.57g for 19 seconds.

Taiwan: A Thorn In China-US Relations

Taiwan: A Thorn In China-US Relations

Rediff.com12 Jan 2024

Any miscalculation and miscommunication are fraught with the risk of a major catastrophe, warns Rup Narayan Das.

India calls for de-escalation as Iran attacks Israel

India calls for de-escalation as Iran attacks Israel

Rediff.com14 Apr 2024

India on Sunday said it is seriously concerned over escalating hostilities between Israel and Iran, and called for immediate de-escalation of the situation.

'This Election Captures The Evolution Of India From 2014 To 2024'

'This Election Captures The Evolution Of India From 2014 To 2024'

Rediff.com4 May 2024

'2019 was fought on delivery. But in 2024, you can see the before and after effects.'

India's oil import bill could swell to $101-$104 bn in FY25: ICRA

India's oil import bill could swell to $101-$104 bn in FY25: ICRA

Rediff.com30 Apr 2024

India's net oil import bill could widen to $101-104 billion in current fiscal from $96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of $7.9 billion in 11 months (April-February) of 2023-24, up from $5.1 billion in 2022-23.

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Rediff.com7 May 2024

The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.

'India should not behave like a big brother towards Maldives'

'India should not behave like a big brother towards Maldives'

Rediff.com5 Feb 2024

'India should respect Maldivian nationalism and their desire to be not over-dependent on India.' 'India should not behave like a big brother towards Maldives as many times, we tend to behave like that.'

Indian woman who fell from Singapore cruise ship dies

Indian woman who fell from Singapore cruise ship dies

Rediff.com2 Aug 2023

The Indian couple was on a four-day cruise on the Spectrum of the Seas which was on the way back to Singapore from Penang on Monday morning when the 70-year-old Jakesh woke up to find his wife missing from their room.

Centre Assesses Threats As Sea Piracy Surges

Centre Assesses Threats As Sea Piracy Surges

Rediff.com29 Dec 2023

'Due to the Israel-Hamas conflict, a faction operating in the Red Sea -- which is a typically safe area - has been firing projectiles arbitrarily.' 'Additionally, there have been two incidents involving Somali pirates, and one vessel has been hijacked.'

How To Prevent Terror On The High Seas

How To Prevent Terror On The High Seas

Rediff.com17 Apr 2024

The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).

Indian woman gets 16-week jail for assaulting domestic helper in Singapore

Indian woman gets 16-week jail for assaulting domestic helper in Singapore

Rediff.com11 May 2023

The victim, employed by Sharma's husband, started working in the family's condominium apartment near River Valley Road on January 20, 2021.

US sends 2 warships via Taiwan Strait, first transit since Pelosi's visit

US sends 2 warships via Taiwan Strait, first transit since Pelosi's visit

Rediff.com28 Aug 2022

It said that the transit was "ongoing" and that there had been "no interference from foreign military forces so far."

Indian-origin climber missing while returning from Everest summit

Indian-origin climber missing while returning from Everest summit

Rediff.com21 May 2023

Shrinivas Sainis Dattatraya, 39, went missing on Friday from camp IV situated at an altitude of 8,400 metres while returning from the Summit, said Mingma Sherpa, chairperson of the Seven Summit Trek, which organised the expedition.

It's Windies bowlers vs India batters at Dominica

It's Windies bowlers vs India batters at Dominica

Rediff.com11 Jul 2023

The sub-narratives in the main story will be equally intriguing in the next 13 days.

China sends warships, fighter jets as Taiwanese prez returns from US

China sends warships, fighter jets as Taiwanese prez returns from US

Rediff.com9 Apr 2023

China on Saturday began military exercises around Taiwan to test the capabilities of its forces to 'seize control of the sea, air and information', days after a meeting between the United States House Speaker and the President of the self-ruled island in defiance of repeated threats by Beijing.

Won't renounce use of force to unify Taiwan: Xi at CPC

Won't renounce use of force to unify Taiwan: Xi at CPC

Rediff.com16 Oct 2022

Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.

US, Aus, Japan urge China to end military exercises now for peace in region

US, Aus, Japan urge China to end military exercises now for peace in region

Rediff.com7 Aug 2022

A joint statement was issued by US Secretary of State Tony Blinken, Australian Foreign Minister Penny Wong, and Japanese Foreign Minister Hayashi Yoshimasa after their in-person meeting in Phnom Penh on the margins of the 55th ASEAN Foreign Ministers' Meeting.

Singapore extends Rajapaksa's stay by 14 days: Report

Singapore extends Rajapaksa's stay by 14 days: Report

Rediff.com27 Jul 2022

Rajapaksa, 73, fled Sri Lanka after the July 9 uprising when people broke into the President's House after months of public protests against him for mishandling the country's worst economic crisis since 1948.

Equity mutual funds inflow drops 43% to Rs 8,898 crore in July

Equity mutual funds inflow drops 43% to Rs 8,898 crore in July

Rediff.com8 Aug 2022

Equity mutual funds attracted Rs 8,898 crore in July, a 43 per cent decline compared to the preceding month as markets continued to remain volatile amid concerns over inflation and rate hike expectations. For the 17th straight month, equity mutual funds witnessed inflows in July. The net inflows in July were lower compared to Rs 15,495 crore seen in June, Rs 18,529 crore in May and Rs 15,890 crore in April, according to data released by Association of Mutual Funds in India (Amfi) on Monday.

Gotabaya lands in Thailand after Singapore visa expires

Gotabaya lands in Thailand after Singapore visa expires

Rediff.com11 Aug 2022

Sri Lanka's ousted president Gotabaya Rajapaksa left Singapore for Thailand after his short-term visit pass expired on Thursday, according to a media report.

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.

If China And India Go To War At Sea...

If China And India Go To War At Sea...

Rediff.com12 Dec 2022

The coming together of the Quad and the Australia-UK-US grouping would be a formidable adversary, moving toward the creation of a 'thousand ship navy' that reins in the PLA navy in the Indo-Pacific.

18 Indians aboard British-flagged oil tanker seized by Iran

18 Indians aboard British-flagged oil tanker seized by Iran

Rediff.com20 Jul 2019

Iran's seizure of a British-flagged oil tanker was allegedly due to a collision with an Iranian fishing boat, Iran's official news agency IRNA said.