News for 'Asia'

Pakistan stars in trouble after Zambia league

Pakistan stars in trouble after Zambia league

Rediff.com5 Aug 2026

The Pakistan Cricket Board is considering a two-year ban for several former national players who participated in the unsanctioned Asian Legends Cup in Lusaka, Zambia. The tournament, which was not approved by the ICC or the Zambia Cricket Union, saw players like Mohammed Irfan, Imran Nazir, and Yasir Shah take part, while others like Muhammad Hafeez and Shoaib Malik withdrew. The PCB has warned of severe disciplinary action, including ineligibility for future cricketing assignments.

Gambhir's Future On The Line As India Eye Reset Against Spin-Heavy Sri Lanka In Galle

Gambhir's Future On The Line As India Eye Reset Against Spin-Heavy Sri Lanka In Galle

Rediff.com14 Aug 2026

India's head coach Gautam Gambhir's standing in red-ball cricket faces a crucial test as the team embarks on a two-Test series against Sri Lanka.

RBI keeps key interest rate same amid inflation, global risks

RBI keeps key interest rate same amid inflation, global risks

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.

Apple achieves record June quarter revenue, but faces challenges

Apple achieves record June quarter revenue, but faces challenges

Rediff.com31 Jul 2026

Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.

Indian nationals urged to put off Iran travel amid tensions

Indian nationals urged to put off Iran travel amid tensions

Rediff.com20 Jul 2026

India has advised its nationals to postpone travel to Iran and urged those already there to consider leaving due to increasing instability and conflict in the region. The advisory from the Indian Embassy in Tehran highlights heightened caution and the need to monitor the security situation.

Modi reviews global conflict impact on India's energy, supply chains

Modi reviews global conflict impact on India's energy, supply chains

Rediff.com30 Jul 2026

Prime Minister Narendra Modi on Thursday discussed with a group of senior ministers the prevailing global security situation and how to maintain supply chain uninterrupted despite conflicts in different zones, including the Strait of Hormuz, the Black Sea, the Red Sea, and the Gulf of Aden.

How Air India Fared Under Chandra

How Air India Fared Under Chandra

Rediff.com13 Aug 2026

Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.

India's Growth Pace May Dip as Global Economy Slows, Warns Moody's Analytics

India's Growth Pace May Dip as Global Economy Slows, Warns Moody's Analytics

Rediff.com17 Jul 2026

Moody's Analytics predicts India will remain the fastest-growing major economy in 2026 and 2027, but its pace will moderate due to a global slowdown, geopolitical risks, and financial market volatility, despite the boost from AI demand.

Pakistan Hockey Team Penalised For Fielding Extra Player In India Match

Pakistan Hockey Team Penalised For Fielding Extra Player In India Match

Rediff.com25 Jul 2026

Pakistan's hockey team faced embarrassment in a five-a-side match against India in Muscat when umpires penalised them for fielding six players instead of five. This led to India scoring 8 goals. The incident has prompted the Pakistan Hockey Federation President to demand an explanation, recalling a similar blunder in the 2022 Asia Cup that cost them a World Cup qualification.

Cognizant's Q2 net profit dips, firm slashes annual guidance amid global slowdown

Cognizant's Q2 net profit dips, firm slashes annual guidance amid global slowdown

Rediff.com30 Jul 2026

Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.

Infantino's Re-election Bid in Jeopardy as Federations Withdraw Support

Infantino's Re-election Bid in Jeopardy as Federations Withdraw Support

Rediff.com3 Aug 2026

The national football federations of Serbia, Sweden, and Wales have withdrawn their support for FIFA President Gianni Infantino's re-election bid, with England's FA also expected to follow suit, intensifying the backlash against him following a failed plan to sell a stake in the World Cup to private investors.

Rubio meets Modi, discusses West Asia, extends Trump's invitation to visit US

Rubio meets Modi, discusses West Asia, extends Trump's invitation to visit US

Rediff.com23 May 2026

Prime Minister Narendra Modi and US Secretary of State Marco Rubio discussed various aspects of India-US bilateral ties, focusing on defence, trade, energy, and technology. Rubio extended an invitation from President Donald Trump for PM Modi to visit the US.

Microsoft's Hyderabad Data Centre Goes Live, Bolstering India's AI Ambitions

Microsoft's Hyderabad Data Centre Goes Live, Bolstering India's AI Ambitions

Rediff.com7 Aug 2026

Microsoft has announced the activation of its latest data centre in Hyderabad, significantly expanding its Cloud infrastructure in India and enabling organisations to leverage AI-era services with enhanced local choice and security.

Indian Junior Women's Hockey Team Gains Crucial Experience In UK Tour

Indian Junior Women's Hockey Team Gains Crucial Experience In UK Tour

Rediff.com15 Jul 2026

The Indian junior women's hockey team concluded a seven-match exposure tour of the UK, securing three wins and four losses against various international teams. This tour served as crucial preparation for the upcoming Under-21 Asia Cup in China, providing valuable experience and insights into areas for improvement.

Indian Shuttler Tanvi Sharma Dominates To Secure Taipei Open Final Berth

Indian Shuttler Tanvi Sharma Dominates To Secure Taipei Open Final Berth

Rediff.com1 Aug 2026

Indian badminton prodigy Tanvi Sharma has secured her spot in the women's singles final of the Taipei Open Super 300 after a dominant straight-game victory. The 17-year-old will now compete for the title, continuing her impressive rise in the international badminton circuit.

Thousands Bids Farewell To Ayatollah Khamenei

Thousands Bids Farewell To Ayatollah Khamenei

Rediff.com4 Jul 2026

Thousands of mourners gathered at Tehran's Imam Khomeini Grand Mosalla on July 4, 2026 for a farewell ceremony honouring Iran's late supreme leader Ayatollah Ali Khamenei. Khamenei was killed on February 28 in Israeli and US airstrikes. Grieving crowds carried his portrait and expressed raw emotion as Iran continues its multi-day state funeral proceedings for the slain leader.

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Rediff.com11 Aug 2026

The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.

How Teen Craime Became Youngest Esports World Cup Champion

How Teen Craime Became Youngest Esports World Cup Champion

Rediff.com3 Aug 2026

Fifteen-year-old Chilean Jaime 'Craime' Bustos has become the youngest-ever Esports World Cup champion, winning the Street Fighter 6 title. Representing Team Falcons, Craime defeated Japan's Hibiki in the final, securing USD 250,000 and a spot in Capcom Cup 13. Other championships were also decided, with Team Falcons maintaining their lead in the Club Championship standings.

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

5 Young Underdogs Who Could Steal the Show At Badminton Worlds

5 Young Underdogs Who Could Steal the Show At Badminton Worlds

Rediff.com24 Jul 2026

As New Delhi prepares to host the BWF World Championships from August 17-23, 2026, five young talents - Ayush Shetty, Unnati Hooda, Alwi Farhan, Tomoka Miyazaki, and Kalyana Nalbantova - are identified as potential breakout stars capable of challenging the sport's biggest names and redefining their careers.

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Rediff.com12 Aug 2026

Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.

Cigarette tax hike impacts ITC's Q1 net profit, down 16.2%

Cigarette tax hike impacts ITC's Q1 net profit, down 16.2%

Rediff.com1 Aug 2026

ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.

Shakib Al Hasan's Home Attacked After Sheikh Hasina Vows Return to Bangladesh

Shakib Al Hasan's Home Attacked After Sheikh Hasina Vows Return to Bangladesh

Rediff.com6 Aug 2026

Former Bangladesh cricket captain Shakib Al Hasan's ancestral home was attacked with petrol bombs and smashed windows after he participated in an online media interaction where ousted Prime Minister Sheikh Hasina vowed to return to Bangladesh despite facing a death sentence.

Harmanpreet Singh is India's 'trump card' at Hockey World Cup, says Jugraj Singh

Harmanpreet Singh is India's 'trump card' at Hockey World Cup, says Jugraj Singh

Rediff.com11 Aug 2026

Former India drag-flicker Jugraj Singh has lauded current captain Harmanpreet Singh as a 'trump card' for the upcoming FIH World Cup, citing his aggressive playing style and consistent performance in crucial moments. Jugraj, who sees his own reflection in Harmanpreet's game, rates him among the world's top three drag-flickers and believes the team is well-prepared to end India's long wait for a World Cup medal.

West Asia War Clouds RBI Outlook

West Asia War Clouds RBI Outlook

Rediff.com30 Mar 2026

Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.

Jaishankar and Portuguese Foreign Minister Discuss West Asia Conflict

Jaishankar and Portuguese Foreign Minister Discuss West Asia Conflict

Rediff.com31 Mar 2026

External Affairs Minister S Jaishankar spoke with his Portuguese counterpart Paulo Rangel to discuss the West Asia conflict and explore ways to enhance bilateral cooperation.

Why India Got Freedom At The Stroke of Midnight

Why India Got Freedom At The Stroke of Midnight

Rediff.com14 Aug 2026

August 15 was the date of India's Independence, so why did transfer of power happen at the stroke of midnight August 14-15?

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

Chinese API price surge tests India's pharma buffers amid West Asia crisis

Chinese API price surge tests India's pharma buffers amid West Asia crisis

Rediff.com2 May 2026

India's pharmaceutical industry is experiencing increased bulk drug prices, particularly for APIs from China, following the escalation of the West Asia crisis in March. While current inventories provide a temporary buffer, concerns are mounting over the availability of key solvents and feedstocks, potentially leading to manufacturing disruptions and shortages in specific drug categories.

Amid global uncertainty, RBI raises GDP forecast, lowers inflation projection

Amid global uncertainty, RBI raises GDP forecast, lowers inflation projection

Rediff.com5 Aug 2026

The Reserve Bank of India has marginally increased its GDP forecast for the current fiscal to 6.7 per cent while slightly lowering the inflation projection to 5 per cent. The central bank noted that while domestic economic activity shows resilience, global turbulence, particularly re-escalating conflicts and volatile oil prices, continues to pose risks to the inflation outlook.

FIFA vs UEFA: Unpacking the Power Struggle in Global Football

FIFA vs UEFA: Unpacking the Power Struggle in Global Football

Rediff.com30 Jul 2026

FIFA's proposal to create a $20 billion subsidiary for the World Cup highlights the intricate balance of power in global football, where the governing body's authority is often challenged by the significant commercial strength of UEFA, particularly in Europe.

Indian Shuttler Ashmita Chaliha Storms Into Korea Masters Final

Indian Shuttler Ashmita Chaliha Storms Into Korea Masters Final

Rediff.com8 Aug 2026

Indian shuttler Ashmita Chaliha has advanced to her maiden BWF World Tour singles final at the Korea Masters Super 300, defeating compatriot Rakshitha Ramraj. Chaliha, returning from injury, will now face China's Han Qianxi for the title, marking a significant achievement for Indian badminton.

Indian Shuttler Ashmita Chaliha Storms Into Korea Masters Final

Indian Shuttler Ashmita Chaliha Storms Into Korea Masters Final

Rediff.com8 Aug 2026

Indian shuttler Ashmita Chaliha defeated compatriot Rakshitha Sree Santhosh Ramraj to reach her first-ever BWF World Tour final at the Korea Masters Super 300. Chaliha, returning from a knee injury, continued her impressive run, having previously upset the top seed.

India Will Become A Leader In Applied AI: Nilekani

India Will Become A Leader In Applied AI: Nilekani

Rediff.com7 Aug 2026

'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Rediff.com6 Aug 2026

Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.

Claude AI Gets India Data Residency

Claude AI Gets India Data Residency

Rediff.com4 Aug 2026

The move comes amid growing demand from organisations in India for local access to Claude.

Mizoram's Bamboo Revolution

Mizoram's Bamboo Revolution

Rediff.com11 Jul 2026

The Horticulture Department conducts a site visit at the Bamboo development project at Thingthelh.

Shipping firms asked to avoid sending Indian sailors on vessels through Hormuz

Shipping firms asked to avoid sending Indian sailors on vessels through Hormuz

Rediff.com16 Jul 2026

The Directorate General of Maritime Administration (DGMA) has instructed shipping companies to avoid deploying Indian sailors on vessels transiting the Strait of Hormuz due to the ongoing West Asia crisis, following recent attacks on two vessels carrying Indian seafarers.

Can VinFast Sustain Its Blistering India Start?

Can VinFast Sustain Its Blistering India Start?

Rediff.com5 Aug 2026

VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.

BPCL, HPCL Report Huge Q1FY27 Losses Due to High Crude Oil Prices

BPCL, HPCL Report Huge Q1FY27 Losses Due to High Crude Oil Prices

Rediff.com23 Jul 2026

State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.