News for 'Economic Affairs'

'Indian Army Has Free Hand To Deal With China'

'Indian Army Has Free Hand To Deal With China'

Rediff.com17 Feb 2026

'After the Galwan clash, the rules of engagement changed with the army commanders allowed to use any means at their disposal as they deem fit for tactical operations.'

Neither Israel Nor Iran Wants A Quick End To The War

Neither Israel Nor Iran Wants A Quick End To The War

Rediff.com23 Mar 2026

Israel wishes to continue its bombing campaign until Iran's military and industrial infrastructure are degraded to a point where it ceases to pose a threat to Israel. Iran, for its part, has learnt from its experience in the 12-day war of last June. Any ceasefire, it believes, will only be a prelude to another attack on itself. It is determined to convey that any attack on Iran will impose heavy costs on Israel, the US, America's allies in the Gulf -- and on the world at large, points out T T Ram Mohan.

US stopping India from buying cheap oil: Russian FM

US stopping India from buying cheap oil: Russian FM

Rediff.com10 Feb 2026

Lavrov said that the US has set itself the objective of 'achieving economic domination', adding further to it that Americans want to control the routes to leading countries to provide its energy sources to them.

Has US Repeated Its Iraq Mistake?

Has US Repeated Its Iraq Mistake?

Rediff.com11 Mar 2026

Israel and the United States had a plan. Iran punched back. And now the Gulf is reeling, the world is beginning to feel the pain and, as on date, no one in Washington or Tel Aviv appears willing to admit that the punch has landed, notes Prem Panicker, continuing his must-read blog on the war in the Middle East.

War Exposes Cracks in US-Israel Alliance

War Exposes Cracks in US-Israel Alliance

Rediff.com20 Mar 2026

Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.

Kerala CM Discusses Gulf Crisis with Loka Kerala Sabha Members

Kerala CM Discusses Gulf Crisis with Loka Kerala Sabha Members

Rediff.com3 Mar 2026

Kerala Chief Minister Pinarayi Vijayan held an online meeting with Loka Kerala Sabha members in the Gulf region to discuss support for the expatriate community amidst the escalating conflict in West Asia.

China hikes defence budget by 7% to $277 billion

China hikes defence budget by 7% to $277 billion

Rediff.com5 Mar 2026

China's latest defence budget surges to $275 billion, fueling its ambitious military modernisation program and intensifying geopolitical dynamics in the region.

Trump's Pause Gives Iran NOTHING!

Trump's Pause Gives Iran NOTHING!

Rediff.com25 Mar 2026

The pause gives the US time to breathe, to regroup, to move its expeditionary force into position without risk of interception along the way. It gives Iran nothing -- on the ground, attacks against its infrastructure continue apace. Prem Panicker in his must read daily blog on the Gulf War.

'More India Aligns With US, More China Aligns With Pak'

'More India Aligns With US, More China Aligns With Pak'

Rediff.com17 Feb 2026

'China continues to perceive its relations with India through the prism of India-US relations, with the US using India to counter balance against China in the Indo-Pacific and beyond.'

The Gulf War: What's Pakistan Up To?

The Gulf War: What's Pakistan Up To?

Rediff.com31 Mar 2026

Egypt, Pakistan, Saudi Arabia and Turkey met in Islamabad in what analysts say is the formal opening of a new diplomatic formation that could reshape the post-war regional order. Their immediate goal is a ceasefire; their larger ambition is to ensure that neither Iran nor Israel emerges from this war in a dominant position. Pakistan's foreign minister then flew directly to Beijing and mooted a Chinese role as guarantor of any eventual agreement. Prem Panicker continues his must read daily blog on the Gulf War.

India, US in talks for mutually beneficial trade agreement

India, US in talks for mutually beneficial trade agreement

Rediff.com30 Jan 2026

The Indian government informed Parliament that India and the US are engaged in negotiations for a mutually beneficial multi-sectoral bilateral trade agreement. The two countries also cooperate on strategic, economic, and defense matters, managing divergences through high-level dialogues.

Pak says X account hacked after plea for loans appears

Pak says X account hacked after plea for loans appears

Rediff.com9 May 2025

Pakistan on Friday said that the X account of its ministry of economic affairs was hacked and an appeal was posted on it for more international loans to meet the 'heavy losses' caused by the current tensions with India.

The man who will advise Modi on economic affairs

The man who will advise Modi on economic affairs

Rediff.com17 Oct 2014

oreign Policy magazine named him as one of the world's top 100 global thinkers in 2011.

GST 2.0 bolstered momentum, economy on stable footing

GST 2.0 bolstered momentum, economy on stable footing

Rediff.com28 Nov 2025

The reduction in the goods and services tax (GST) rates has increased the momentum in India's economic activity both on the supply and demand sides, while robust agricultural activity - reflected in the strong onset of rabi sowing and adequate reservoir levels - has reinforced the outlook for food supply and rural incomes, the finance ministry said on Thursday.

Sitharaman to Present Budget 2026 on Sunday, February 1

Sitharaman to Present Budget 2026 on Sunday, February 1

Rediff.com12 Jan 2026

Finance Minister Nirmala Sitharaman will present the general budget in Parliament on February 1. The Budget session of Parliament begins on January 28 with President Droupadi Murmu addressing both houses.

India-US Deal Shields Farmers

India-US Deal Shields Farmers

Rediff.com4 Feb 2026

New Delhi will substantially reduce tariffs on industrial and agricultural goods while continuing to protect sensitive sectors. Tariffs on some agricultural products that are not traditionally considered sensitive will be brought down to zero, while in the case of relatively sensitive items, duties will be reduced in a graded manner and quotas will be imposed.

Stop fuelling terror next door, Jaishankar tells Poland

Stop fuelling terror next door, Jaishankar tells Poland

Rediff.com20 Jan 2026

External Affairs Minister S Jaishankar conveyed a strong message to his Polish counterpart Radoslaw Sikorski regarding terrorism and the Ukraine conflict, emphasizing the need for zero-tolerance towards terrorism and criticizing the selective targeting of India.

China overrules India's objections to Shaksgam Valley infra push

China overrules India's objections to Shaksgam Valley infra push

Rediff.com12 Jan 2026

China has reaffirmed its territorial claims over the Shaksgam Valley, dismissing India's objections to infrastructure projects in the area. The Chinese Foreign Ministry spokesperson stated that the territory is part of China and its activities there are beyond reproach.

India's mindset must change; Awami League era over in B'adesh: Tarique aide

India's mindset must change; Awami League era over in B'adesh: Tarique aide

Rediff.com15 Feb 2026

Following the BNP's victory in recent elections, Bangladesh is seeking to reset its relationship with India, emphasizing mutual benefit and a recognition of the changed political landscape.

Modi to embark on two-day Israel visit, to boost defence ties

Modi to embark on two-day Israel visit, to boost defence ties

Rediff.com25 Feb 2026

Prime Minister Narendra Modi will visit Israel to enhance defence and trade cooperation amid Middle East tensions. Discussions will include defence, security, and the situation in Gaza.

IOC voices concern for Iranian athletes

IOC voices concern for Iranian athletes

Rediff.com30 Jan 2026

The IOC has expressed concern for the welfare of Iranian athletes amid escalating unrest, mass arrests and reports of deaths, saying it remains in contact with Iran's Olympic community.

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

Rediff.com2 Feb 2026

'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'

After US, Israel cuts ties with several UN bodies

After US, Israel cuts ties with several UN bodies

Rediff.com14 Jan 2026

Following an examination and discussions held in the aftermath of the United States' decision to withdraw from dozens of international organisations, Israel's Minister of Foreign Affairs, Gideon Sa'ar, has decided that Jerusalem will immediately sever all contact with several United Nations agencies and international bodies, citing what the government described as persistent bias, politicisation and actions hostile to Israel.

Amid tariff strain, Jaishankar, Rubio hold talks on trade, defence

Amid tariff strain, Jaishankar, Rubio hold talks on trade, defence

Rediff.com14 Jan 2026

External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio discussed cooperation in trade, critical minerals, nuclear energy, and defence, reaffirming commitment to a free and open Indo-Pacific.

Budget session from Jan 28; Union Budget on February 1

Budget session from Jan 28; Union Budget on February 1

Rediff.com9 Jan 2026

The Budget session of Parliament will be held from January 28 to April 2, featuring the President's address, the Economic Survey, and the presentation of the general Budget.

Middle East Crisis: The New Fog of War

Middle East Crisis: The New Fog of War

Rediff.com13 Mar 2026

When everyone has footage and no one can verify it, the loudest voice wins, notes Prem Panicker who begins a daily blog on the War in the Middle East.

Rajaji bust replaces Lutyens' statue at Rashtrapati Bhavan

Rajaji bust replaces Lutyens' statue at Rashtrapati Bhavan

Rediff.com24 Feb 2026

A bust of Chakravarti Rajagopalachari, the first Indian governor-general, has replaced a statue of British architect Edwin Lutyens at Rashtrapati Bhavan, symbolizing a move away from colonial influences and embracing Indian heritage.

Iran moves UNSC after Trump's appeal to protesters

Iran moves UNSC after Trump's appeal to protesters

Rediff.com14 Jan 2026

Iran has formally appealed to the United Nations Security Council and the UN Secretary-General, accusing the United States of inciting violence, interfering in Iran's internal affairs, and threatening military action, according to an official letter circulated by Iran's Permanent Mission to the UN.

Iran War Exposes Washington's Strategic Chaos

Iran War Exposes Washington's Strategic Chaos

Rediff.com12 Mar 2026

What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.

US-Israel-Iran Conflict: 'India Is Too Late In...'

US-Israel-Iran Conflict: 'India Is Too Late In...'

Rediff.com6 Mar 2026

'To suddenly give the impression of taking a position that is hostile to Iran, or, at least, not friendly to Iran, is not a good thing.'

'In Bangladesh, India's Choices Are Bad Or Worse'

'In Bangladesh, India's Choices Are Bad Or Worse'

Rediff.com12 Feb 2026

'It is best to remain vigilant. Tarique Rahman arranged arms smuggling to Indian insurgent groups.' 'He has criticised India for sheltering Sheikh Hasina, but has also sought India's support.'

Iran's FM dials Jaishankar, both leaders discuss Tehran situation

Iran's FM dials Jaishankar, both leaders discuss Tehran situation

Rediff.com14 Jan 2026

Earlier in the day, the ministry of external affairs "strongly advised" Indians to avoid travel to Iran until further notice, amid rising tensions and protests in the Islamic Republic.

Trump Is Caught Between Two Bad Options

Trump Is Caught Between Two Bad Options

Rediff.com16 Mar 2026

Fight on toward goals that keep receding, or exit with most objectives unmet. Trump is agitated, his poll numbers falling below the Plimsoll line, his base fractured between those who back the war and those who remember that he campaigned on ending them.

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

Rediff.com17 Nov 2025

India's leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial derivatives exchange being set up in Sri Lanka, subject to regulatory and governmental approvals. The move aims to deepen NCDEX's footprint in the financial ecosystem of its neighbouring country.

'Child Marriage Is Nothing But Child Rape'

'Child Marriage Is Nothing But Child Rape'

Rediff.com27 Feb 2026

'People don't believe that a 15-year-old girl subjected to sexual intercourse within a marriage is a victim of rape.'

No outlay for Chabahar port, India cuts Bangladesh aid

No outlay for Chabahar port, India cuts Bangladesh aid

Rediff.com1 Feb 2026

It is learnt that India was mulling various options relating to the project after Trump administration threatened a 25 per cent additional tariff on countries doing business with Tehran.

Carney's Visit May Boost India-Canada Ties

Carney's Visit May Boost India-Canada Ties

Rediff.com23 Jan 2026

India and Canada are negotiating a long-term uranium supply agreement worth $2.8 billion. They are also exploring expanded civil nuclear cooperation after the passage of the SHANTI Bill.

Modi, Xi break the ice, hold talks amid global economic concerns

Modi, Xi break the ice, hold talks amid global economic concerns

Rediff.com1 Sep 2025

Prime Minister Narendra Modi and Chinese President Xi Jinping held bilateral talks focusing on economic ties and global stability amid trade tensions and the aftermath of the Ladakh border row.

Road, rail, ministries cross halfway mark in capex spending till Sep

Road, rail, ministries cross halfway mark in capex spending till Sep

Rediff.com6 Nov 2025

The ministries of Road Transport & Highways and Railways have exceeded the national average capital expenditure (capex) by spending 63 per cent and 57 per cent of Budget estimates (BE), respectively, in the first half of 2025-26 (FY26). The total capital expenditure for April-September of FY26 stood at 52 per cent of the BE, according to the latest data by the Controller General of Accounts (CGA).

Reliance on MNCs for strategic audits and consulting must be reduced: MCA

Reliance on MNCs for strategic audits and consulting must be reduced: MCA

Rediff.com25 Sep 2025

India needs to limit its reliance on multinational corporations (MNCs) for strategic audits and consulting in order to strengthen its economic sovereignty and achieve the goal of Atmanirbhar Bharat, the Ministry of Corporate Affairs (MCA) said in an office memorandum released on Wednesday.