News for 'Economic Affairs'

Netas Walk Modi's Talk On Austerity

Netas Walk Modi's Talk On Austerity

Rediff.com20 May 2026

In response to Prime Minister Narendra Modi's call for austerity, political leaders are reducing convoys and promoting public transport to conserve fuel.

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.

In UAE, Modi offers help to end West Asia crisis

In UAE, Modi offers help to end West Asia crisis

Rediff.com15 May 2026

Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.

Saudi Arabia pledges additional $3 billion support to Pakistan

Saudi Arabia pledges additional $3 billion support to Pakistan

Rediff.com15 Apr 2026

Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.

India joins US-led strategic alliance Pax Silica

India joins US-led strategic alliance Pax Silica

Rediff.com20 Feb 2026

India has joined the US-led 'Pax Silica' alliance, aimed at building a resilient supply chain for critical minerals and artificial intelligence, marking a significant step in strengthening bilateral ties and fostering economic security.

Modi embarks on five-nation tour; energy security, trade in focus

Modi embarks on five-nation tour; energy security, trade in focus

Rediff.com15 May 2026

Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.

How Punjab Is Strengthening Public Safety And Rural Economy

How Punjab Is Strengthening Public Safety And Rural Economy

Rediff.com1 May 2026

The Punjab Cabinet has approved a series of measures aimed at enhancing public safety through forensic science upgrades and boosting rural incomes with a new farm stay policy.

If not weaponised, everything today is being...: Jaishankar

If not weaponised, everything today is being...: Jaishankar

Rediff.com4 Apr 2026

External Affairs Minister S Jaishankar stated that India has demonstrated resilience in the face of recent global shocks, including the conflict in West Asia, while speaking at the convocation ceremony of IIM Raipur. He emphasised the importance of building national capabilities to de-risk and develop leverage in a changing global order.

Russia offers to boost oil, gas supplies to India amidst West Asia turmoil

Russia offers to boost oil, gas supplies to India amidst West Asia turmoil

Rediff.com3 Apr 2026

Amidst global energy market volatility driven by the West Asia crisis, Russia has proposed increasing its crude oil and natural gas supplies to India, strengthening bilateral energy ties and aiming for USD 100 billion in annual trade by 2030.

India Extends 4% Retail Inflation Target for RBI Until 2031

India Extends 4% Retail Inflation Target for RBI Until 2031

Rediff.com25 Mar 2026

The Indian government has extended the Reserve Bank of India's (RBI) mandate to maintain retail inflation at 4 per cent, with a tolerance band of 2 per cent on either side, for another five years until March 2031.

'Very Bad For Global Economy If War Continues'

'Very Bad For Global Economy If War Continues'

Rediff.com28 Apr 2026

'Even if the war ends tomorrow, which is unlikely, and we go back to the pre-war status quo, the world will still need some time to get over the sudden shock of oil price increases.'

Modi to embark on six-day visit to UAE, Europe

Modi to embark on six-day visit to UAE, Europe

Rediff.com11 May 2026

Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.

US-Iran talks: First phase concludes, both sides exchange texts

US-Iran talks: First phase concludes, both sides exchange texts

Rediff.com12 Apr 2026

The United States and Iran concluded the first phase of in-person talks in Islamabad, with both delegations exchanging written texts to formalise areas of understanding. The discussions, involving key representatives from both sides, are aimed at reducing tensions and exploring possibilities of a structured understanding.

'Unacceptable': India on attacks on ships in Strait of Hormuz

'Unacceptable': India on attacks on ships in Strait of Hormuz

Rediff.com17 Apr 2026

India has expressed strong concern over the targeting of commercial shipping in the Strait of Hormuz during the West Asia conflict, urging for the restoration of unimpeded navigation and global commerce.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

Rs 1000 note won't make a comeback, tweets economic affairs secretary

Rs 1000 note won't make a comeback, tweets economic affairs secretary

Rediff.com22 Feb 2017

The economic affairs secretary said that the focus is on production and supply of Rs 500 and lower denomination notes.

Roads can't be blocked for religious activities: SC

Roads can't be blocked for religious activities: SC

Rediff.com28 Apr 2026

The Supreme Court has stated that roads cannot be blocked for religious activities and that while religious denominations have autonomy in worship, the government can interfere if secular activities are affected.

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Rediff.com11 Apr 2026

Trump seems to have estimated that Ghalibaf is a pragmatic politician who is receptive to close relations with the US and is enthusiastic about fostering business and economic ties in particular, points out Ambassador M K Bhadrakumar.

Samrat Choudhary's govt wins trust vote in Bihar assembly

Samrat Choudhary's govt wins trust vote in Bihar assembly

Rediff.com24 Apr 2026

The BJP-led government in Bihar secured a vote of confidence in the state assembly, with Chief Minister Samrat Choudhary pledging economic development and significant investments. The motion was passed amidst heated debates and accusations between the ruling NDA and the opposition, highlighting political tensions and differing views on issues like women's reservation.

Iran offers 'new proposal' to US to end war, reopen Hormuz

Iran offers 'new proposal' to US to end war, reopen Hormuz

Rediff.com27 Apr 2026

In a significant diplomatic manoeuvre aimed at de-escalating regional tensions, Iran has reportedly submitted a "new proposal" to the United States through Pakistani intermediaries.

India, US chief negotiators to begin three-day trade pact talks in Washington from Apr 20

India, US chief negotiators to begin three-day trade pact talks in Washington from Apr 20

Rediff.com19 Apr 2026

Chief negotiators from India and the US are set to begin three-day talks in Washington to recalibrate the bilateral trade agreement (BTA) framework, following significant changes in the US tariff landscape, including a new 10 per cent tariff imposed on all countries.

US doesn't want negotiation, they want to...: Iran

US doesn't want negotiation, they want to...: Iran

Rediff.com14 Apr 2026

Representative of Iran's Supreme Leader in India, Abdul Majid Hakeem Ilahi, expressed doubts about the United States' intentions regarding negotiations, citing conflicting actions and a desire to force Iran into accepting US demands.

'India Playing A Chess Game In Nepal'

'India Playing A Chess Game In Nepal'

Rediff.com24 Apr 2026

'Nepal today is far more aware, self-confident, aspirational, and assertive.' 'India's policy so far has not been geared to this shift. It is time to redraw our Nepal strategy.'

Derek O'Brien Fact-Checks Modi's Claims on Poverty, Development in India

Derek O'Brien Fact-Checks Modi's Claims on Poverty, Development in India

Rediff.com9 Apr 2026

Trinamool Congress leader Derek O'Brien has challenged Prime Minister Narendra Modi's claims about India's progress, citing poverty statistics and West Bengal's economic growth.

India, Russia discuss strengthening ties amid West Asia conflict

India, Russia discuss strengthening ties amid West Asia conflict

Rediff.com3 Apr 2026

Russia's First Deputy Prime Minister Denis Manturov met with Indian leaders to discuss strengthening bilateral ties in key sectors amidst the escalating conflict in West Asia.

NCW Submits Recommendations For Acid Attack Victim Support

NCW Submits Recommendations For Acid Attack Victim Support

Rediff.com22 Apr 2026

The National Commission for Women (NCW) has submitted a comprehensive set of recommendations to various central ministries, outlining a survivor-centric framework to enhance care, justice, and rehabilitation for acid-attack victims.

Is China providing military aid to Iran?

Is China providing military aid to Iran?

Rediff.com15 Apr 2026

China's Foreign Ministry has refuted allegations of providing military support to Iran, warning the US against imposing tariffs based on these accusations. The statement follows reports of Iran acquiring a Chinese satellite for targeting US military bases. Meanwhile, a rescheduled meeting between Presidents Trump and Xi Jinping is set for May.

ED Cracks Down on Real Estate Firm Earth Infrastructures Ltd. for Homebuyer Fraud

ED Cracks Down on Real Estate Firm Earth Infrastructures Ltd. for Homebuyer Fraud

Rediff.com11 Apr 2026

The Enforcement Directorate (ED) has seized significant assets from Earth Infrastructures Ltd., a Delhi-based real estate company, following accusations of defrauding homebuyers. The company is currently undergoing insolvency proceedings.

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Rediff.com7 Feb 2026

The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.

Modi Blasts TMC Over Lawlessness and Infiltration in West Bengal Rally

Modi Blasts TMC Over Lawlessness and Infiltration in West Bengal Rally

Rediff.com9 Apr 2026

Prime Minister Narendra Modi criticised the Trinamool Congress (TMC) in West Bengal, accusing them of lawlessness, corruption, and enabling illegal infiltration. He promised to initiate a special inquiry against facilitators of infiltration and to deport unauthorised entrants if the BJP comes to power in the state.

No cash, crypto payments to Iran for Hormuz passage: India

No cash, crypto payments to Iran for Hormuz passage: India

Rediff.com22 Apr 2026

India has denied making any payments to Iran to secure safe passage for its vessels through the Strait of Hormuz, following reports that Indian vessels were fired upon in the region.

Goa's Sadhvi Sail Crowned Femina Miss India World

Goa's Sadhvi Sail Crowned Femina Miss India World

Rediff.com20 Apr 2026

Sadhvi Satish Sail, model and entrepreneur, is crowned Femina Miss India World 2026.

Call was between...: India on Musk joining Trump-Modi call claim

Call was between...: India on Musk joining Trump-Modi call claim

Rediff.com28 Mar 2026

India has officially refuted claims that Elon Musk was involved in a recent phone call between Prime Minister Narendra Modi and President Donald Trump.

'Pakistan Has Been Betraying Everyone'

'Pakistan Has Been Betraying Everyone'

Rediff.com24 Apr 2026

If Trump wants peace with Iran, Pakistan will offer to help. If Trump seeks Pakistan's aid to spy on Iran, then too Munir will not hesitate to chip in. At the same time, the ISI will not hesitate to tip off Iran now and then, points out M R Narayan Swamy.

Phunchuk Stobdan: Icon Of India's Territorial Integrity

Phunchuk Stobdan: Icon Of India's Territorial Integrity

Rediff.com23 Apr 2026

Phunchuk Stobdan's forte was candour and strong views on India's defence. Naturally, India's adversaries were in awe of him, fearing his views and unyielding stand on boundary issues, remembers Tarun Vijay.

Odisha To Formulate SOP After Census Officials Attacked

Odisha To Formulate SOP After Census Officials Attacked

Rediff.com22 Apr 2026

Four Census officials were assaulted in Odisha's Dhenkanal district, prompting the state government to formulate a standard operating procedure (SOP) to safeguard census officials from physical harm and heat-related risks.

India-China border trade via Lipulekh Pass to resume after 6 yrs

India-China border trade via Lipulekh Pass to resume after 6 yrs

Rediff.com20 Mar 2026

Border trade between India and China through the Lipulekh Pass in Uttarakhand's Pithoragarh district is set to resume this year after a six-year hiatus due to the COVID-19 pandemic.

Elon Musk joined Trump-Modi phone call on Gulf War: Report

Elon Musk joined Trump-Modi phone call on Gulf War: Report

Rediff.com28 Mar 2026

Elon Musk reportedly participated in a phone call between US President Donald Trump and Indian Prime Minister Narendra Modi to discuss the Iran crisis, raising questions about his involvement in diplomatic discussions.

'Only they can play that role': Tharoor's dig at Pak over US-Iran talks

'Only they can play that role': Tharoor's dig at Pak over US-Iran talks

Rediff.com11 Apr 2026

Congress leader Shashi Tharoor discusses India's role in the US-Iran peace talks taking place in Islamabad, emphasising the importance of peace over competition with Pakistan and highlighting India's regional interests.

Iran-US peace talks hang in balance amid tensions

Iran-US peace talks hang in balance amid tensions

Rediff.com20 Apr 2026

Uncertainty surrounds the planned second round of peace talks between the US and Iran in Islamabad, as both sides engage in brinkmanship. Despite Pakistan's security preparations, Iran has yet to confirm its attendance, citing a lack of seriousness from the US in pursuing diplomacy and violations of the ceasefire.