News for 'East Asia'

Disengagement may pave way for further steps: Jaishankar

Disengagement may pave way for further steps: Jaishankar

Rediff.com3 Nov 2024

India and China have made "some progress" in disengagement, External Affairs Minister S Jaishankar said on Sunday, describing it as a "welcome" move which opens up the possibility that other steps could happen.

PM Modi to visit Male to attend swearing-in of Prez-elect

PM Modi to visit Male to attend swearing-in of Prez-elect

Rediff.com9 Nov 2018

India-Maldives ties came under strain under Yameen who was perceived to be close to China.

'Persona non grata': Israel bans UN chief from entering country

'Persona non grata': Israel bans UN chief from entering country

Rediff.com2 Oct 2024

Earlier in response to Iran's rocket barrage on Israel on Tuesday night the UN Chief had said, "I condemn the broadening of the Middle East conflict with escalation after escalation. This must stop. We absolutely need a ceasefire.."

Awaiting return of 69 Indians recruited in Russian army: Jaishankar

Awaiting return of 69 Indians recruited in Russian army: Jaishankar

Rediff.com10 Aug 2024

According to Jaishankar, the problem is that the Russian authorities maintain that these Indian nationals entered into contracts for services with the Russian army.

IMF says India's GDP to moderate to 7% in 2024 and 6.5% in 2025

IMF says India's GDP to moderate to 7% in 2024 and 6.5% in 2025

Rediff.com22 Oct 2024

India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, the International Monetary Fund (IMF) said on Tuesday. About the global economy, the IMF said the battle against inflation has largely been won, even though price pressures persist in some countries.

India's services sector activity slips to 10-month low in Sep

India's services sector activity slips to 10-month low in Sep

Rediff.com4 Oct 2024

India's services sector activity fell to a 10-month low in September as new businesses, international sales and output growth moderated, a monthly survey said on Friday. The seasonally adjusted HSBC India Services Business Activity Index fell from 60.9 in August to 57.7 in September, indicating that though the output registered an increase, the pace of growth was the slowest since November 2023. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

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.

'Nuke war may start in South Asia or Middle East'

'Nuke war may start in South Asia or Middle East'

Rediff.com22 Apr 2010

A former US non-proliferation official has warned that South Asia and the Middle East are most likely to be the first point of a future nuclear attack.

US probes leak of classified Israeli retaliatory strike plans on Iran

US probes leak of classified Israeli retaliatory strike plans on Iran

Rediff.com20 Oct 2024

The leak occurs at a particularly delicate time in US-Israel relations and is likely to infuriate Israel, which has been preparing to retaliate against Iran following a missile barrage on October 1.

India remains world's top arms importer, France No.2 supplier after Russia

India remains world's top arms importer, France No.2 supplier after Russia

Rediff.com13 Mar 2023

India remained the world's top arms importer, but its imports declined by 11 per cent between 2013-17 and 2018-22, according to a report released on Monday by Stockholm-based defence think-tank SIPRI.

How India Can Overtake China

How India Can Overtake China

Rediff.com24 Feb 2023

India must integrate more with East Asia by getting into regional trade arrangements, lower its tariff walls, and improve the quality of its workforce, suggests T N Ninan.

M&As back in action, up 14% in 1st 9 months

M&As back in action, up 14% in 1st 9 months

Rediff.com9 Oct 2024

After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per cent, reaching $69.2 billion in the first nine months of 2024, as against $60.8 billion during the same period in 2023. Led by Indian companies and private-equity (PE) firms, 2,301 transactions were signed between January and September this year as compared to 1,855 transactions reported in the same period last year, according to the Bloomberg data.

'Whenever We Watched The Movie We'd Cry'

'Whenever We Watched The Movie We'd Cry'

Rediff.com3 Jan 2025

'We watched the film many times but each time, we would cry.' 'During the editing and sound mixing, my whole team would cry.' 'When we reached the music composing stage, it happened again.' 'Our producer said it is too much to be crying so many times.' 'But we never thought the film would be such a big hit.'

Iranian attack appears to have been defeated: Biden

Iranian attack appears to have been defeated: Biden

Rediff.com2 Oct 2024

The Iranian missile attack on Israel appears to have been defeated and ineffective, United States President Joe Biden said, hours after Tehran fired nearly 200 missiles at Israel.

Israel attacks Iran's military targets in retaliation

Israel attacks Iran's military targets in retaliation

Rediff.com26 Oct 2024

The IDF noted that the strikes are being conducted in response to "relentless attacks" from Iran and its proxies since October 7, adding that Israel has the "right and the duty to respond."

Chhattisgarh man sent to Laos for 'cyber slavery', 3 held

Chhattisgarh man sent to Laos for 'cyber slavery', 3 held

Rediff.com9 Oct 2024

Police have arrested three persons from Mumbai, including a woman, for allegedly trafficking a man from Chhattisgarh's Durg district for 'cyber slavery' in Laos in southeast Asia and cheating him of Rs 2 lakh, an official said on Wednesday.

With 74 Foreign Visits, Modi Is Most Travelled PM

With 74 Foreign Visits, Modi Is Most Travelled PM

Rediff.com8 Sep 2023

While Modi has spent fewer days abroad than his predecessor (270 days versus Dr Singh's 306), he has travelled more extensively and actively than any other Indian PM.

How The US Helps India Counter The China Threat

How The US Helps India Counter The China Threat

Rediff.com4 Nov 2024

Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion' into Tawang at the LAC in December 2022, helping India thwart China's expansionist designs, show how operationally effective the USA-India friendship has become on the ground. A engaging excerpt from Sreeram Chaulia's must-read new book, Friends: India's Closest Strategic Partners.

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).

India-China hold 'in-depth' talks but no breakthrough in sight

India-China hold 'in-depth' talks but no breakthrough in sight

Rediff.com28 Mar 2024

The key meeting was held in Beijing on March 27, the MEA said in a statement.

'Trump Will Back India On Pakistan'

'Trump Will Back India On Pakistan'

Rediff.com13 Nov 2024

'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'

In home and office, India's real estate market is charting a course for growth

In home and office, India's real estate market is charting a course for growth

Rediff.com8 Jun 2024

India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).

India, China agree to hold early military talks; review LAC situation

India, China agree to hold early military talks; review LAC situation

Rediff.com30 Nov 2023

The virtual talks took place under the framework of Working Mechanism for Consultation and Coordination on India-China Border Affairs.

ADB cuts India's GDP forecast for FY23 to 7%

ADB cuts India's GDP forecast for FY23 to 7%

Rediff.com21 Sep 2022

The Asian Development Bank (ADB) on Wednesday slashed India's GDP growth forecast for FY23 to 7 per cent from the earlier estimate of 7.2 per cent mainly on account of higher inflation and a tight monetary policy. India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in its second supplement to Asian Development Outlook Report 2022 (ADO 2022). "However, GDP growth is revised down from ADO 2022's forecasts to 7 per cent for FY2022 (ending March 2023) and 7.2 per cent for FY2023 (ending March 2024) as price pressures are expected to adversely impact domestic consumption, and sluggish global demand and elevated oil prices will likely be a drag on net exports," ADB said.

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.

Ek Hasina Thi: End Of An Era In Bangladesh

Ek Hasina Thi: End Of An Era In Bangladesh

Rediff.com5 Aug 2024

As news of Hasina's departure spread, hundreds broke into Hasina's residence, vandalising and looting the interiors, providing dramatic expression to the anti-government protests that have killed more than 100 people in the last two days. At the centre of people anger is the Hasina government's controversial quota system reserving 30 per cent jobs for families of veterans who fought the 1971 liberation war. With volatile crowds taking to the streets -- some clambering on Hasina's father and Bangladesh founder Sheikh Mujibur Rahman's statue and smashing it with hammers in a lasting image underscoring the fickleness of history -- Army chief General Waqar-uz-Zaman announced that the 76-year-old prime minister has resigned.

Mahatma Carter

Mahatma Carter

Rediff.com9 Jan 2025

Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

As global Covid cases rise, WHO chief warns it's juts tip of the iceberg

As global Covid cases rise, WHO chief warns it's juts tip of the iceberg

Rediff.com17 Mar 2022

Fresh cases of Covid-19 are again spiking globally, especially in parts of Asia, after several weeks of decline and this rise is "just the tip of the iceberg", World Health Organization Director-General Tedros Adhanom Ghebreyesus has warned.

India extends $ 1 billion line of credit for development of Russia's Far East

India extends $ 1 billion line of credit for development of Russia's Far East

Rediff.com5 Sep 2019

Prime Minister Modi appreciated the vision of Putin for the welfare for Russia's Far East, saying the Russian President has opened up investment opportunities for India in the region.

India's manufacturing sector growth eases slightly in Jul

India's manufacturing sector growth eases slightly in Jul

Rediff.com1 Aug 2024

India's manufacturing sector growth eased slightly in July, on softer increases in new orders and output, while cost pressures and demand strength led to the steepest increase in selling prices since October 2013, a monthly survey said on Thursday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) moderated slightly from 58.3 in June to 58.1 in July.

PM concludes Bali visit, leaves for Singapore

PM concludes Bali visit, leaves for Singapore

Rediff.com19 Nov 2011

Prime Minister Manmohan Singh concluded his three-day visit to Bali on Saturday, where he attended the India-ASEAN meet and East Asia Summit, besides holding talks with US President Barack Obama and his Chinese counterpart Wen Jiabao.

Heatwave alert: Mercury may hit 45 deg C in Delhi

Heatwave alert: Mercury may hit 45 deg C in Delhi

Rediff.com16 May 2024

Heatwave conditions are expected over northwest India during the next five days, with Punjab, Haryana, Rajasthan and Delhi predicted to bear the maximum impact, the India Meteorological Department (IMD) said on Thursday.

Big Steel Boys Pushing Future Mobiility Pedal

Big Steel Boys Pushing Future Mobiility Pedal

Rediff.com11 Aug 2024

From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.

Holders Qatar to host delayed Asian Cup as Gulf influence grows

Holders Qatar to host delayed Asian Cup as Gulf influence grows

Rediff.com8 Jan 2024

Qatar returns to the spotlight on Friday little more than a year after the first World Cup held in the Arab world when the relocated and delayed 2023 Asian Cup gets underway amid a seismic shift in football's global order.

Pranab's son wants to live up to father's legacy in TMC

Pranab's son wants to live up to father's legacy in TMC

Rediff.com6 Jul 2021

Mukherjee, a two-time Lok Sabha MP from his father's pocket borough of Jangipur, said he joined the Mamata Banerjee-led party because she has taken a strong stand on this issue.

Days after Quad, China test-fires missile that can strike US cities

Days after Quad, China test-fires missile that can strike US cities

Rediff.com25 Sep 2024

This is the first time in decades that China has made its flight test of an intercontinental ballistic missile public in an apparent show of strategic deterrence, State-run China Daily reported.