News for '2013 Crisis Compared Again'

South Asia: It Is Climate Change, Stupid

South Asia: It Is Climate Change, Stupid

Rediff.com21 Sep 2024

India should encourage the second coming of SAARC with climate change as an urgent agenda and keeping Indian security concerns in mind as the subtext, suggest Lieutenant General Ashok Joshi (retd) and Colonel Anil Athale (retd).

Time For India To Revisit Western Alliances

Time For India To Revisit Western Alliances

Rediff.com4 Nov 2024

It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.

India's exports dip marginally in March; 3.11% in FY24

India's exports dip marginally in March; 3.11% in FY24

Rediff.com15 Apr 2024

India's merchandise exports dipped marginally in March to $41.69 billion, and by 3.11 per cent during the last fiscal year to $437.06 billion mainly due to continued geopolitical turmoil, and depressed global trade. Imports, too, declined in March as well during the entire 2023-24. Trade deficit, or the gap between imports and exports, narrowed 17.74 per cent in March to $15.6 billion and came down 9.33 per cent to $240.17 billion in FY24.

Atishi's health falling, docs advise hospitalisation: AAP

Atishi's health falling, docs advise hospitalisation: AAP

Rediff.com24 Jun 2024

Delhi Water minister Atishi's health condition has deteriorated on the fourth day of her indefinite fast on Monday and doctors have advised her to be admitted to a hospital, the Aam Aadmi Party said.

'The power crisis will not last long'

'The power crisis will not last long'

Rediff.com14 Oct 2021

'This is a crisis which did not happen overnight. It was happening slowly.' 'Now we are mining very fast and this crisis won't last long.'

India The Diplomatic Ambassador In Global Crises

India The Diplomatic Ambassador In Global Crises

Rediff.com16 Sep 2024

Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.

Exports up 9% in May; trade deficit widens to 7-month high

Exports up 9% in May; trade deficit widens to 7-month high

Rediff.com14 Jun 2024

India's merchandise exports rose by 9.1 per cent to $38.13 billion in May even as the trade deficit widened to a seven-month high of $23.78 billion during the month, according to government data. Healthy growth in sectors, such as engineering, electronics, pharmaceuticals, textiles and plastics helped register growth in exports despite global economic uncertainties.

Emami has built itself through acquisition, but...

Emami has built itself through acquisition, but...

Rediff.com8 Oct 2024

Two young men jostle in a rickshaw as it clatters along a narrow, bustling lane of North Kolkata, each with a leg dangling over the side of the vehicle, a bulging sack of cosmetics nestled between them. The protagonists here are the founders of Emami - Radhe Shyam Agarwal and Radhe Shyam Goenka - childhood friends who gave up cushy corporate jobs to build a fast-moving consumer goods (FMCG) company. From a 200-square-foot rented space on Muktaram Babu Street in North Kolkata, brand Emami stepped into the competitive world of FMCG 50 years back, armed with just three products: Vanishing cream, talcum powder, and cold cream.

'Modi running around saying he has been offered 2036 Games'

'Modi running around saying he has been offered 2036 Games'

Rediff.com12 Aug 2024

French organisers turned Paris into an open-air Olympic playground where everyone was invited, with or without a ticket.

'America Is In For A Period Of Extended Domestic Turmoil'

'America Is In For A Period Of Extended Domestic Turmoil'

Rediff.com15 Nov 2024

'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'

Sri Lankan crisis: Indian orthodox tea gets a boost

Sri Lankan crisis: Indian orthodox tea gets a boost

Rediff.com30 Jun 2022

It's a busy season for Indian producers of orthodox tea. As Sri Lanka, the world's largest supplier of orthodox tea, struggles with its worst economic crisis, a window of opportunity has opened up in neighbouring India. Calls to Indian planters and exporters from foreign buyers of Sri Lankan orthodox tea are pouring in and the buoyant sentiment is reflecting in prices at auction centres. Orthodox tea refers to loose-leaf tea which is produced using traditional or orthodox methods such as plucking, withering, rolling, oxidation and drying.

How RSS Plans To Win Vidarbha For BJP

How RSS Plans To Win Vidarbha For BJP

Rediff.com18 Nov 2024

'BJP and RSS may have differences over minor issues but their hearts long for one common aim -- that of A Hindu Rashtra.' 'And this time to prove this point the RSS has prepared to help BJP win this election with all its might.'

Resolve differences at ballot box, not with bullets: Biden

Resolve differences at ballot box, not with bullets: Biden

Rediff.com15 Jul 2024

"There is no place in America for this kind of violence, for any violence ever. Period. No exceptions. We can't allow this violence to be normalised," Biden said.

Indexation: How Nirmalaji Can Fix It

Indexation: How Nirmalaji Can Fix It

Rediff.com5 Aug 2024

The best solution would be the one followed in 2018 -- allow cost indexation until March 31, 2024 -- but exit at any time. The second-best alternative would be to allow time until March 31, 2025 for investors to exit their investments under the old indexation regime, points out Harsh Roongta.

India staring at power crisis ahead of festive season

India staring at power crisis ahead of festive season

Rediff.com9 Oct 2021

In a year when the country produced record coal, rains hit movement of the fuel from mines to power generation units, impacting power generation in many states, including Gujarat, Punjab, Rajasthan, Delhi and Tamil Nadu.

'Consequence of...': India reacts to violent protests in PoK

'Consequence of...': India reacts to violent protests in PoK

Rediff.com17 May 2024

Two days ago, External Affairs Minister S Jaishankar asserted that Pakistan-occupied Kashmir was, is and will always be part of India.

Analysing the Greek crisis

Analysing the Greek crisis

Rediff.com6 Jul 2015

The Greek economy once again threatens to bring down the European project.

India Inc braces for fallout of Russia-Ukraine crisis

India Inc braces for fallout of Russia-Ukraine crisis

Rediff.com23 Feb 2022

Stocks of Indian companies with exposure to Europe fell on Tuesday amid concerns about the impact on their sales in case the Russia-Ukraine crisis worsens and the US and its allies impose economic sanctions on Russia. While top conglomerates, including Reliance Industries, the Tata group, and Aditya Birla Group, said they did not have any significant exposure to Russia, executives of some of the oil and gas, pharmaceutical, and tea companies said they were monitoring the situation closely as they earned substantial income from the region. Russian President Vladimir Putin on Monday ordered troops into two breakaway regions of eastern Ukraine after announcing that Russia would recognise their independence.

Exports up 1%; Dec trade deficit narrows to 3-month low

Exports up 1%; Dec trade deficit narrows to 3-month low

Rediff.com15 Jan 2024

The country's exports edged up 1 per cent to $38.45 billion in December 2023 while the trade deficit narrowed to a three-month low of $19.8 billion, official data released on Monday showed. Imports declined by 4.85 per cent to $58.25 billion in December last year due to a dip in crude oil shipments. The previous low in trade deficit - the difference between imports and exports - was recorded in September at $19.37 billion.

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.

'BJP Doesn't Own The Country'

'BJP Doesn't Own The Country'

Rediff.com5 Sep 2024

'My mother feels it will be tough and emotional for her to enter an assembly which has essentially been reduced to a municipality now.' 'My opinion is that even if it is a municipality one cannot cede that space to the BJP.'

Fall in other goods freight may put Railways' 2030 target off track

Fall in other goods freight may put Railways' 2030 target off track

Rediff.com10 Apr 2024

Indian Railways has managed to improve its freight volumes each year since the pandemic. However, its inability to add new industries and goods will pose a challenge for the national transporter in the wake of it setting an ambitious target of 45 per cent share in the national logistics by 2030. According to officials, the ministry of railways achieved 114 million tonnes (mt) of miscellaneous goods (classified as balance and other goods) in 2023-24.

Rahul Gandhi Must Be Careful About What He Says

Rahul Gandhi Must Be Careful About What He Says

Rediff.com16 Jul 2024

In the volatile international situation where 'nativism' is on the rise and immigrant communities are being targeted, the Leader of the Opposition's statement is like adding fuel to fire. If the Indian diaspora numbering 4 crores is threatened it will constitute a grave threat to national security, warns Colonel Anil A Athale (retd).

Adani Crisis: What RBI, SEBI Must Do

Adani Crisis: What RBI, SEBI Must Do

Rediff.com6 Mar 2023

In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.

'Indian Americans Would Thrive Under Trump'

'Indian Americans Would Thrive Under Trump'

Rediff.com29 Jul 2024

'Democrats don't care about those on H-1B visas. They don't care about the Green Card backlog.' 'President Trump wants to stop the massive flow of illegal immigrants and focus on a robust and legal immigration system.' 'Indian Americans would thrive in such an immigration system.'

Lessons from Dubai crisis

Lessons from Dubai crisis

Rediff.com16 Dec 2009

Turbulence in financial markets could mean that 'exit' from expansionary policies will be delayed.

How 156 Soldiers Built A Bridge of Hope In 36 Hours

How 156 Soldiers Built A Bridge of Hope In 36 Hours

Rediff.com12 Aug 2024

'It was a war-like situation, but instead of enemy fire, we fought against the vagaries of nature,' says Major Seeta Shelke.

Xi, Putin hint at political settlement to end Ukraine war

Xi, Putin hint at political settlement to end Ukraine war

Rediff.com16 May 2024

"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.

'We're Not Anti-Nationals'

'We're Not Anti-Nationals'

Rediff.com3 Sep 2024

'We are not secessionists, we want to coexist with our countrymen but not on the terms that will strip us off our dignity and a right to peaceful existence.'

Travelling back home is a small issue compared to situation outside IPL bubble: Ponting

Travelling back home is a small issue compared to situation outside IPL bubble: Ponting

Rediff.com28 Apr 2021

Ricky Ponting said it's a 'small issue' as compared to the chaotic situation outside the IPL bubble due to the lethal second wave of COVID-19 pandemic.

How IL&FS crisis has impacted non-banking finance companies

How IL&FS crisis has impacted non-banking finance companies

Rediff.com5 Mar 2021

For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

Markets wrong to hope worst of geopolitical crises over: Wood

Markets wrong to hope worst of geopolitical crises over: Wood

Rediff.com4 May 2024

Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.

Mr PM, When will you solve India's HUNGER CRISIS?

Mr PM, When will you solve India's HUNGER CRISIS?

Rediff.com24 Oct 2021

It is a difficult problem and will require the Union, state governments and civil society, meaning NGOs, to work together, points out Aakar Patel.

BEWARE Of Such Scams!

BEWARE Of Such Scams!

Rediff.com29 Jul 2024

What is digital house arrest? It is a tactic cybercriminals use to confine victims to their homes and scam them, explains Tamal Bandyopadhyay.

How Nirmalaji compares with earlier FMs

How Nirmalaji compares with earlier FMs

Rediff.com6 Jan 2020

While the situation Sitharaman finds herself in may not be that good, how does it stack up against her three immediate predecessors Pranab Mukherjee, P Chidambaram and the late Arun Jaitley?

IL&FS crisis shrinks MF debt assets

IL&FS crisis shrinks MF debt assets

Rediff.com10 Jan 2019

About 24 fund houses saw a decline in their debt AUMs in the past one year.

No plan to print currency notes to tide over crisis: Sitharaman

No plan to print currency notes to tide over crisis: Sitharaman

Rediff.com26 Jul 2021

The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday. To a question on whether there is any plan to print currency to tide over the crisis, the finance minister said, "No Sir". Many economists and experts have suggested to the government to print more currency notes to tide over the difficult economic situation with a view to support the economy ravaged by the spread of COVID-19, and protect jobs.

The new Asia crisis

The new Asia crisis

Rediff.com25 Sep 2008

Back where the crisis started, the stand of half-built skyscrapers, an eyesore along Bangkok's skyline for years, has given way to a modest number of construction cranes and new, completed expressways

India witnessing fastest rise in cancer cases: Report

India witnessing fastest rise in cancer cases: Report

Rediff.com5 Apr 2024

On average, at least one in three Indians today were pre-diabetic, two in three were pre-hypertensive and one in 10 were depressed, the 4th edition of Apollo Hospitals' flagship Health of Nation Report on World Health Day 2024, said.