News for 'EU'

If Putin is wise...

If Putin is wise...

Rediff.com5 Mar 2022

'He will consolidate the Russian hold over the Eastern Russian majority provinces in Ukraine and quickly withdraw from the rest of Ukraine.' 'At all costs, the Russians should avoid attacking and capturing urban areas, else they risk getting into a quagmire,' cautions Colonel Anil A Athale (retd).

Ukraine war an important point of discussion at G20 FMs' meet: India

Ukraine war an important point of discussion at G20 FMs' meet: India

Rediff.com1 Mar 2023

Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.

It's becoming difficult for Putin to fund Ukrainian war: US

It's becoming difficult for Putin to fund Ukrainian war: US

Rediff.com6 Apr 2022

The White House is planning another set of sanctions on Russia. This is likely to be announced on Wednesday.

French Open champion Swiatek urges Ukraine to 'stay strong'

French Open champion Swiatek urges Ukraine to 'stay strong'

Rediff.com4 Jun 2022

Swiatek, who is on a 35-match winning run, had addressed the situation in Ukraine following her title win in Doha on February 26, two days after Russian troops had launched the invasion.

Markets halt 3-day rally; Sensex falls 359 points

Markets halt 3-day rally; Sensex falls 359 points

Rediff.com31 May 2022

Equity benchmarks declined on Tuesday after a three-day rally, with the Sensex falling 359.33 points amid selling in index majors HDFC, Reliance Industries and Infosys. Investors were cautious ahead of release of GDP data, while a jump in crude oil prices also weighed on market sentiment, traders said. The 30-share BSE Sensex went lower by 359.33 points or 0.64 per cent to settle at 55,566.41.

Modi to discuss 'key issues' with G20 leaders in Bali

Modi to discuss 'key issues' with G20 leaders in Bali

Rediff.com14 Nov 2022

In a statement ahead of his visit to the Indonesian city for the G20 leaders' summit, Modi said he will also highlight India's achievements and its 'unwavering commitment' to collectively address key global issues.

Will India manage to grow at 6.8% in FY24?

Will India manage to grow at 6.8% in FY24?

Rediff.com22 Mar 2023

The external environment has worsened further. While the Finnish economy entered into a recession, Swedish economic growth also dipped. The Finnish gross domestic product (GDP) dropped 0.6 per cent in October-December, 2022. It was the second quarter of negative growth, which is a technical definition of recession.

COVID-19 in India may have orginated from EU, Middle East: Study

COVID-19 in India may have orginated from EU, Middle East: Study

Rediff.com9 Jun 2020

The objective of the study was to determine the genetic diversity among Indian SARS-CoV-2 viral isolates in comparison to the strains that are occurring worldwide.

China's Communist Party begins key Congress amid stir against zero Covid policy

China's Communist Party begins key Congress amid stir against zero Covid policy

Rediff.com16 Oct 2022

Except for 69-year-old Xi, all top officials including the number two leader in the Chinese leadership hierarchy Premier Li Keqiang will be replaced in the massive reshuffle to follow during the week.

China hopes Biden will end Trump's Cold War

China hopes Biden will end Trump's Cold War

Rediff.com2 Jan 2021

The Chinese side hopes that the next US administration will return to a sensible approach, resume dialogue with China, restore normalcy to the bilateral relations and restart cooperation, Wang, who is also a state councillor, told the state-run Xinhua news agency in an interview.

Netherlands is now India's 5th-largest export destination

Netherlands is now India's 5th-largest export destination

Rediff.com23 May 2022

The Netherlands has emerged as India's fifth-largest export destination in 2021-22 (FY22), jumping from its 10th position a year ago. Exports to the fifth-largest economy in the European Union (EU) bolted 94 per cent to $12.5 billion in the financial year ended March 31. In FY22, the Netherlands surpassed Hong Kong, Singapore, the UK, Germany, and Nepal to become India's largest export destination in the EU. Germany, which was earlier India's top European export destination (eighth position), has now dropped two ranks to 10th place.

China warns of countermeasures for Covid curbs on its travellers abroad

China warns of countermeasures for Covid curbs on its travellers abroad

Rediff.com3 Jan 2023

Foreign ministry spokesperson Mao Ning went on the offensive saying "we do not believe the entry restriction measures some countries have taken against China are science-based".

Force India and Sauber withdraw EU complaint

Force India and Sauber withdraw EU complaint

Rediff.com25 Jan 2018

The two teams said they had been reassured by Formula One's approach under chairman Chase Carey and his new management team, who had "brought a new culture of transparency to the sport".

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Rediff.com2 Mar 2022

BSE benchmark Sensex plummeted 778 points to close below the 55,500-level on Wednesday following a broad-based selloff in global markets as the Russia-Ukraine crisis escalated. The 30-share BSE index ended 778.38 points or 1.38 per cent lower at 55,468.90. Similarly, the NSE Nifty plunged 187.95 points or 1.12 per cent to 16,605.95.

ITC diversifying tobacco biz to capture US vaping market

ITC diversifying tobacco biz to capture US vaping market

Rediff.com16 Jul 2021

The facility, which will manufacture nicotine and nicotine salts, will conform to stringent US and EU pharmacopoeia standards that define purity levels at 99.2 per cent for nicotine meant for pharmaceutical products. ITC will leverage the institutional capabilities of its century-old leaf tobacco business for this. ITC's cigarettes business saw disruptions across the value chain with the onset of the Covid-19 pandemic. The company mentioned in its annual report that with easing of restrictions and improvement in mobility from September 2020 onwards, the business recovered progressively over the remainder of the year to reach nearly pre-Covid levels towards the close of the year.

Issues India must focus on while negotiating trade deals

Issues India must focus on while negotiating trade deals

Rediff.com17 Nov 2021

As India goes into firming up trade deals with developed nations like Australia, the United Kingdom (UK) and the regional bloc, and the European Union (EU), it will have to be well prepared to negotiate on new-generation issues, such as data protection regulation, e-commerce, and environment. India is yet to negotiate pacts with its trading partners on these evolving issues since discussions between them have until now been largely focused on tariff and non-tariff barriers and the rules of origin. "We can no longer look at trade just as trade. We have to look at it in totality of global and regional conditions.

Jinping visits Xinjiang, says Islam in China must be Chinese in orientation

Jinping visits Xinjiang, says Islam in China must be Chinese in orientation

Rediff.com16 Jul 2022

During his four-day tour of the region which started on July 12, Xi met with officials.

Top official leaves FIFA; EU urges Blatter to go NOW!

Top official leaves FIFA; EU urges Blatter to go NOW!

Rediff.com12 Jun 2015

FIFA's director of communications Walter de Gregorio is to resign after making a joke on television.

India-EU summit very successful: EU commissioner

India-EU summit very successful: EU commissioner

Rediff.com9 Sep 2005

The just-concluded India-European Union Summit was a "success" as it implemented the strategic partnership launched last year and drafted a new action plan and political declaration, a top European Union official said on Friday.

Why EVs can be only slightly cleaner than petrol cars in India

Why EVs can be only slightly cleaner than petrol cars in India

Rediff.com14 Apr 2021

Given India's reliance on coal, electric vehicles could at best be 10% more efficient than petrol in terms of CO2 savings.

GAIL feels blowback from Ukraine war

GAIL feels blowback from Ukraine war

Rediff.com17 Aug 2022

On February 24, when Vladimir Putin announced a military operation on Ukraine, few would have thought that Indian government-owned GAIL India would feel the impact. The tensions over gas supplies were essentially a Europe-Russia problem, related to the sanctions western economies imposed on Moscow. But the EU depends on Russian imports for 40 per cent of its gas stocks, an over-dependence that Russia has underlined with Kremlin-owned Gazprom cutting its supplies through the Nord Stream 1 pipeline to 20 per cent, citing maintenance issues.

G7's oil price cap: Russia offers to help India find a way out

G7's oil price cap: Russia offers to help India find a way out

Rediff.com12 Dec 2022

Russia has welcomed India's decision to not support the price cap on Russian oil announced by G7 and its allies and offered it cooperation on leasing and building large-capacity ships to overcome the ban on insurance services and tanker chartering in the European Union and Britain to continue buying discounted oil. The offer came as Russian Deputy Prime Minister Alexander Novak held a meeting with the Indian Ambassador to Moscow, Pavan Kapoor, on Friday. "The Deputy Prime Minister welcomed India's decision not to support the price cap on Russian oil, which was imposed on December 5 by the G7 countries and their allies," the Russian foreign ministry said in a statement.

Markets rebound; Sensex surges 1,329 points

Markets rebound; Sensex surges 1,329 points

Rediff.com25 Feb 2022

A day after suffering their worst session in about two years, benchmark indices Sensex and Nifty rebounded up to 2.5 per cent on Friday, in line with higher global markets as the US and allies put up a united front to punish Russia with harsher sanctions over the Ukraine conflict. Snapping their seven-day losing streak, the BSE Sensex climbed 1,328.61 points or 2.44 per cent to settle at 55,858.52, while the NSE Nifty went soared 410.45 points or 2.53 per cent to 16,658.40. Barring HUL and Nestle, all Sensex shares closed with gains -- with Tata Steel, IndusInd Bank, Bajaj Finance, NTPC and Tech Mahindra surging as much as 6.54 per cent.

China orders release of Covid detainees

China orders release of Covid detainees

Rediff.com7 Jan 2023

The Chinese government on Saturday ordered the release of people detained over a host of coronavirus-related incidents, a day ahead of Beijing's plan to scrap its three-year-old stringently implemented zero-Covid policy.

F1 champion Vettel sports helmet in support of Ukraine

F1 champion Vettel sports helmet in support of Ukraine

Rediff.com10 Mar 2022

Sebastian Vettel wore a special helmet to express solidarity with Ukraine

Great new deal reached on Brexit: British PM

Great new deal reached on Brexit: British PM

Rediff.com17 Oct 2019

Britain is due to leave the European Union by October 31, with Johnson racing against time to strike a deal to meet that deadline.

Demand slowdown, global uncertainties impacting India's exports

Demand slowdown, global uncertainties impacting India's exports

Rediff.com7 Sep 2022

Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jewellery and may have implications on India's exports in case the global situation does not improve in coming months. Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say. The world merchandise trade volume is expected to grow 3 per cent in 2022 against the earlier forecast of 4.7 per cent, mainly due to the ongoing war between Russia and Ukraine, according to the World Trade Organization forecast, released in April.

'It will be the end of cricket in Ukraine if...'

'It will be the end of cricket in Ukraine if...'

Rediff.com13 Jul 2022

The chief executive of Ukraine's cricket board says it "ticks all the boxes" to become an associate member of the International Cricket Council (ICC) and that the game would not survive if it was denied entry.

Ukraine takes Russia to International Court of Justice over invasion

Ukraine takes Russia to International Court of Justice over invasion

Rediff.com27 Feb 2022

'We demand that Russia be held accountable for distorting the concept of genocide to justify aggression. We ask the court to immediately order Russia to cease hostilities and schedule a hearing next week'

Russian FM Lavrov arrives in India amid Ukraine war

Russian FM Lavrov arrives in India amid Ukraine war

Rediff.com31 Mar 2022

Russian Foreign Ministry spokeswoman Maria Zakharova said Lavrov will meet Prime Minister Narendra Modi and Foreign Minister S Jaishankar on Friday.

MPC to start 3-day meet on Wed, another rate hike likely

MPC to start 3-day meet on Wed, another rate hike likely

Rediff.com27 Sep 2022

The Reserve Bank's rate-setting panel will start its 3-day deliberations on Wednesday amid expectations of yet another rate hike of 50 basis points to check high inflation, in line with similar actions taken by other major central banks, including the US Fed. Based on the recommendations of the Monetary Policy Committee (MPC), the RBI had effected 50 basis points increase in repo rate each in June and August after raising the short-term lending rate by 40 basis points in an off-cycle decision in May. The MPC, headed by RBI Governor Shaktikanta Das, is scheduled to meet during September 28-30.

Covid-hit China welcomes international passengers after 3 years

Covid-hit China welcomes international passengers after 3 years

Rediff.com8 Jan 2023

Officials said 387 passengers were aboard two flights from Toronto and Singapore on the day the country ended its strict COVID-19 restrictions for travellers.

Fresh batch of foreign envoys to visit J-K this week

Fresh batch of foreign envoys to visit J-K this week

Rediff.com10 Feb 2020

The delegation will comprise envoys mainly from the European Union as well as from Gulf countries.

New survey gives Liz Truss wider lead over Rishi Sunak

New survey gives Liz Truss wider lead over Rishi Sunak

Rediff.com3 Aug 2022

A new survey of Conservative Party members, who will be casting their ballots to pick the new Tory leader to succeed Boris Johnson as British Prime Minister, on Wednesday shows a widening lead for Foreign Secretary Liz Truss over Rishi Sunak in the leadership contest.

With 101 votes, Rishi Sunak wins 2nd round in race to become UK PM

With 101 votes, Rishi Sunak wins 2nd round in race to become UK PM

Rediff.com14 Jul 2022

Rishi Sunak tightened his grip on the race to replace Boris Johnson as Conservative Party leader and British prime minister as he bagged 101 votes to again emerge as the winner of the latest voting round on Thursday.

Russia offers oil at even cheaper rates to India

Russia offers oil at even cheaper rates to India

Rediff.com12 Sep 2022

"In principle, the ask in return is that India should not support the G7 (Group of Seven) proposal. "A decision on this issue will be taken later following talks with all the partners," an official with the Ministry of External Affairs (MEA) said.These "substantial discounts" will be steeper than those offered by Iraq in the past two months, officials said.

Biden, Xi come face to face for the 1st time amid tension over Taiwan

Biden, Xi come face to face for the 1st time amid tension over Taiwan

Rediff.com14 Nov 2022

Biden and Xi shook hands and greeted each other with smiles, standing in front of a row of US and Chinese flags.

GIC Re part of Rs 500-crore insurance pool to cover imports from Russia

GIC Re part of Rs 500-crore insurance pool to cover imports from Russia

Rediff.com21 Jun 2022

Overcoming its initial concerns, national reinsurer GIC Re has contributed to the formation of an insurance pool to cover most imports from Russia. While it will be called the fertiliser pool with a corpus of Rs 500 crore, it can be used to cover the risks of oil and gas imports too. This was decided by a clutch of Indian insurance companies, led by the state-owned ones. GIC Re's share is about 40 per cent in the pool. Last month, GIC Re had shot off a letter to all non-life insurance companies that underwrite marine risks not to ask it for reinsurance of cargoes that originate from Russia.

Trade pact with Israel 'only when we get a good deal', says Goyal

Trade pact with Israel 'only when we get a good deal', says Goyal

Rediff.com7 Sep 2022

The proposed India-Israel trade pact should be beneficial to both nations and until New Delhi gets a good deal, it would not do an agreement, Commerce and Industry Minister Piyush Goyal said. India and Israel are negotiating a free trade agreement (FTA) since May 2010. "With Israel, until we get a good deal, we will not do an FTA. It has to be reciprocally beneficial," the minister said in San Francisco on Tuesday while interacting with the Indian community.

UK's Brexit minister David Frost resigns over differences with PM

UK's Brexit minister David Frost resigns over differences with PM

Rediff.com19 Dec 2021

The United Kingdom's Brexit minister, David Frost, has resigned over disagreements with the Prime Minister Boris Johnson on a number of issues, including COVID-19 measures.