News for 'Asia'

'We Are Buying Russian Oil Even Now'

'We Are Buying Russian Oil Even Now'

Rediff.com27 May 2026

India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports.

Why IPL may begin two weeks earlier in 2027

Why IPL may begin two weeks earlier in 2027

Rediff.com18 Jun 2026

The BCCI is considering advancing the Indian Premier League schedule to a March 10-May 15 window from next year to avoid extreme heat and pre-monsoon rains. This move aims to benefit players and fans, though the number of matches will remain at 74 due to international calendar constraints.

Pak PM praises Trump, says 'forever grateful' for brokering ceasefire with India

Pak PM praises Trump, says 'forever grateful' for brokering ceasefire with India

Rediff.com5 Jun 2026

Pakistan Prime Minister Shehbaz Sharif expressed 'forever grateful' to US President Donald Trump for his 'timely' intervention in securing a ceasefire with India following a military conflict last year, a claim India has consistently rejected.

Trump calls off Iran strikes hours after threat; cites breakthrough in talks

Trump calls off Iran strikes hours after threat; cites breakthrough in talks

Rediff.com12 Jun 2026

Hours after warning that the United States could strike Iran "very hard tonight", President Donald Trump announced to halt planned military action, despite earlier threats to target Kharg Island and other key Iranian oil facilities.

Modi, Trump share warm meeting at G7 amid strained ties

Modi, Trump share warm meeting at G7 amid strained ties

Rediff.com16 Jun 2026

Prime Minister Narendra Modi and US President Donald Trump exchanged pleasantries and held a brief conversation at the G7 summit, their first in-person encounter in 16 months, setting the stage for high-stakes bilateral talks amidst continuing strain in India-US relations.

Indian LNG carrier safely crosses Hormuz, first since US-Iran ceasefire

Indian LNG carrier safely crosses Hormuz, first since US-Iran ceasefire

Rediff.com15 Jun 2026

A Liquefied Natural Gas (LNG) carrier, chartered by an Indian firm, safely transited through the Strait of Hormuz -- the first Indian LNG tanker to cross the war-hit narrow shipping lane since the war in West Asia broke out more than three and a half months back.

Don't jeopardise Iran peace deal, Trump tells Israel after Beirut strikes

Don't jeopardise Iran peace deal, Trump tells Israel after Beirut strikes

Rediff.com14 Jun 2026

US President Donald Trump on Sunday said that the Israeli strikes on Lebanon's capital of Beirut "should not have happened", warning that such escalation could jeopardise the peace agreement with Iran to achieve a complete solution to the West Asia conflict, which, according to him, is within reach.

FIFA World Cup: Can Qatar erase 2022 nightmare against Switzerland?

FIFA World Cup: Can Qatar erase 2022 nightmare against Switzerland?

Rediff.com12 Jun 2026

Qatar take on Switzerland in their World Cup opener on Saturday eager to shake off the pressure of expectation, coming in as back-to-back Asian champions with an urgent need to make amends for a dismal debut as hosts of the 2022 tournament.

IOC Pays Tribute To Randhir Singh's Legacy

IOC Pays Tribute To Randhir Singh's Legacy

Rediff.com27 May 2026

The International Olympic Committee mourns the death of veteran Indian sports administrator Randhir Singh, recognising his significant contributions to the Olympic Movement.

Gold extends gains to Rs 1.65 lakh/10g; silver rebounds Rs 5,000

Gold extends gains to Rs 1.65 lakh/10g; silver rebounds Rs 5,000

Rediff.com21 May 2026

Gold prices in the national capital surged by Rs 600 to Rs 1.65 lakh per 10 grams, extending gains for the third consecutive day, while silver rebounded by Rs 5,000 to Rs 2.71 lakh per kilogram, driven by geopolitical tensions and inflation concerns.

Govt's fertiliser subsidy bill may rise by Rs 70K cr in FY27

Govt's fertiliser subsidy bill may rise by Rs 70K cr in FY27

Rediff.com19 May 2026

India's fertiliser subsidy bill is projected to increase by approximately 70,000 crore, reaching around 2.41 trillion in FY27, primarily due to rising import costs exacerbated by the ongoing West Asia crisis.

Sindhu pulls out of Badminton Asia Team Championship

Sindhu pulls out of Badminton Asia Team Championship

Rediff.com31 Jan 2026

Two-time Olympic medallist PV Sindhu has pulled out of the upcoming Badminton Asia Team Championships, dealing a major blow to Indian team's medal chances at the tournament beginning next week.

What Jawaharlal Nehru Did for India

What Jawaharlal Nehru Did for India

Rediff.com16 Jun 2026

Through his commitment to democratic norms, debate, dissent and constitutionalism, Jawaharlal Nehru helped ensure that parliamentary democracy took deep root in independent India. Utkarsh Mishra evaluates Nehru's 17 years as India's first prime minister, examining his role in nation-building, democratic institution-building, economic planning, scientific advancement and foreign policy.

Stock markets today: Sensex, Nifty down on US-Iran tensions, oil price

Stock markets today: Sensex, Nifty down on US-Iran tensions, oil price

Rediff.com11 Jun 2026

Indian stock market benchmark indices, Sensex and Nifty, experienced declines in early trade due to escalating tensions between the US and Iran, which led to a surge in crude oil prices and weak global equity trends.

Industrial output growth slows to 4.9% in April, new base year introduced

Industrial output growth slows to 4.9% in April, new base year introduced

Rediff.com1 Jun 2026

India's industrial production expanded at a slower pace of 4.9 per cent in April, primarily due to tepid growth in the energy sector amidst the West Asia crisis. This data marks the first release under the newly revised base year of 2022-23 for the Index of Industrial Production (IIP).

China's Real Choke Point Starts at Hormuz, Not Malacca: Report

China's Real Choke Point Starts at Hormuz, Not Malacca: Report

Rediff.com29 May 2026

A new report suggests China's maritime vulnerability lies in the Strait of Hormuz, not Malacca, creating strategic competition in the Indian Ocean.

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Rediff.com19 Jun 2026

Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.

Sports World Mourns Demise Of Randhir Singh

Sports World Mourns Demise Of Randhir Singh

Rediff.com27 May 2026

Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, has died at the age of 79. Leaders across the political spectrum have expressed their condolences.

No double standards in fight against terror: Ajit Doval

No double standards in fight against terror: Ajit Doval

Rediff.com29 May 2026

National Security Advisor Ajit Doval called for decisive action against terrorism and said there cannot be 'double standards' in the fight against it, while addressing an international security forum in Russia.

June Is A Cruel Month For Airlines, Airports

June Is A Cruel Month For Airlines, Airports

Rediff.com2 Jun 2026

Airlines are cutting not only international services but also domestic flights, especially on routes projected to remain unprofitable in the coming weeks due to weak demand and high fares.

Stock Markets Today: Sensex, Nifty Surge as Global Markets Rally, Oil Price Eases

Stock Markets Today: Sensex, Nifty Surge as Global Markets Rally, Oil Price Eases

Rediff.com21 May 2026

Indian benchmark equity indices, Sensex and Nifty, opened higher, tracking positive global trends and easing crude oil prices, fueled by hopes of a swift resolution to the West Asia conflict. Track Nifty 50 and BSE Sensex performance and key global triggers.

'India Is At The Tipping Point...'

'India Is At The Tipping Point...'

Rediff.com13 Jun 2026

'...when it is going to start witnessing a hockey stick growth in terms of music streaming and paid music streaming.'

LPG Cylinder Price Up By Rs 29: Second Hike In 3 Months

LPG Cylinder Price Up By Rs 29: Second Hike In 3 Months

Rediff.com7 Jun 2026

Domestic cooking gas (LPG) prices have increased by Rs 29 per cylinder, marking the second hike in three months due to rising global energy costs. This follows broader fuel price increases for petrol, diesel, and CNG, with state-owned retailers still incurring significant losses despite the revisions.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

Pakistan Assures Saudi Arabia of Support 'Before It Is Needed' Amid West Asia Conflict

Pakistan Assures Saudi Arabia of Support 'Before It Is Needed' Amid West Asia Conflict

Rediff.com11 Mar 2026

A senior Pakistani official has affirmed Pakistan's commitment to supporting Saudi Arabia, even before assistance is explicitly requested, amidst ongoing conflict in West Asia. This pledge underscores the close ties between the two nations and Pakistan's role in regional stability.

US navy hits sanctioned tanker off Oman, all 24 Indians safe

US navy hits sanctioned tanker off Oman, all 24 Indians safe

Rediff.com9 Jun 2026

An oil tanker carrying 24 Indian seafarers reported a fire off the coast of Oman, with all crew members confirmed safe. The incident occurred amidst renewed hostilities between Israel and Iran, who exchanged attacks on petrochemical facilities.

Rupee crashes to record 95.80 against USD, settles near all-time low

Rupee crashes to record 95.80 against USD, settles near all-time low

Rediff.com13 May 2026

The Indian rupee plummeted to an all-time low of 95.80 against the US dollar, settling at 95.66, driven by elevated crude oil prices and escalating geopolitical tensions in West Asia, despite potential RBI intervention and import curbs on gold.

Where Are India's Rich Investing Money?

Where Are India's Rich Investing Money?

Rediff.com18 Jun 2026

As the rupee weakens, wealthy families are accelerating investments in global assets.

P V Sindhu, Satwik-Chirag to headline India's Asian Games squad

P V Sindhu, Satwik-Chirag to headline India's Asian Games squad

Rediff.com13 Jun 2026

Two-time Olympic medallist P V Sindhu and reigning men's doubles champion Satwiksairaj Rankireddy and Chirag Shetty will headline the Indian badminton squad at the Aichi-Nagoya Asian Games.

End Of An Era: Randhir Singh, Sports Icon, Dies At 79

End Of An Era: Randhir Singh, Sports Icon, Dies At 79

Rediff.com27 May 2026

Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, died on Wednesday after battling age-related ailments. He was 79.

JD(U) MP Seeks Assurance for Bihari Workers in West Asia Amidst Tensions

JD(U) MP Seeks Assurance for Bihari Workers in West Asia Amidst Tensions

Rediff.com1 Mar 2026

JD(U) MP Sanjay Kumar Jha has appealed to the External Affairs Minister S Jaishankar to ensure the safety and well-being of the Bihari diaspora in West Asia, following escalating tensions in the region.

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Rediff.com12 Jun 2026

Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.

End Of An Era: Randhir Singh, Veteran Sports Administrator, Dies

End Of An Era: Randhir Singh, Veteran Sports Administrator, Dies

Rediff.com27 May 2026

Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, died on Wednesday after battling age-related ailments. He was 79.

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Rediff.com12 Jun 2026

Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.

Crude oil prices projected to fall further this year

Crude oil prices projected to fall further this year

Rediff.com13 Jun 2026

Crude oil prices are projected to fall significantly this year, driven by hopes of a peace deal between the US and Iran, which could lead to the reopening of the Strait of Hormuz, and a notable drop in Chinese demand for seaborne crude imports.

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

Rediff.com14 May 2026

'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'

'Market Has Become Excessively Bearish On India'

'Market Has Become Excessively Bearish On India'

Rediff.com11 Jun 2026

'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'

Enforcement Directorate Investigates Vedanta Group For Forex Violations

Enforcement Directorate Investigates Vedanta Group For Forex Violations

Rediff.com2 Jun 2026

The Enforcement Directorate has launched a foreign exchange violation investigation against Vedanta Group, conducting searches at its premises in multiple locations.

India's Forex Kitty Jumps $938 Million to $682 Billion

India's Forex Kitty Jumps $938 Million to $682 Billion

Rediff.com5 Jun 2026

India's foreign exchange reserves increased by USD 938 million to USD 682.321 billion during the week ended May 28, according to the Reserve Bank of India, following a previous week's drop.

SKASports To Develop Regional Sports Ecosystem With Singapore Club

SKASports To Develop Regional Sports Ecosystem With Singapore Club

Rediff.com16 May 2026

Chennai-based SKASports Investments Private Ltd has signed an agreement with a Singapore club to develop a regional sports ecosystem that would tap the large pool of footballers and coaches from India.