News for 'Economic Affairs'

Blow to climate action, US exits 66 global cooperation bodies

Blow to climate action, US exits 66 global cooperation bodies

Rediff.com8 Jan 2026

President Donald Trump has withdrawn the United States from over 60 international organisations, including United Nations bodies and the India-France-led International Solar Alliance, calling the institutions 'redundant' and 'contrary' to America's interests.

India urges citizens to leave Iran amid rising tensions

India urges citizens to leave Iran amid rising tensions

Rediff.com14 Jan 2026

India has strongly advised its nationals to avoid travelling to Iran due to the deteriorating security situation and widespread anti-government protests.

'If US can do it...': Experts on Trump's action in Venezuela

'If US can do it...': Experts on Trump's action in Venezuela

Rediff.com4 Jan 2026

Indian strategic affairs experts criticize the US strike on Venezuela and the capture of President Nicolas Maduro, warning of a 'bad precedent' and potential for similar actions by other powers.

India, EU free trade deal to likely conclude on Jan 27

India, EU free trade deal to likely conclude on Jan 27

Rediff.com25 Jan 2026

India and the European Union are set to announce on January 27 the conclusion of negotiations and finalisation of a free trade agreement, which is aimed at boosting economic ties between the two regions amid disruptions in global trade due to US tariffs, an official said.

India free to buy oil from sources it deems beneficial, says Russia

India free to buy oil from sources it deems beneficial, says Russia

Rediff.com9 Dec 2025

Two days after Russian President Vladimir Putin concluded his visit to India, during which he assured that Moscow would remain a reliable energy supplier, the Kremlin on Monday said that India, as a sovereign nation, is free to buy oil from sources it deems beneficial. It expressed confidence that New Delhi will continue to prioritise its economic interests.

US tariff threat puts India's Chabahar port plans in doubt

US tariff threat puts India's Chabahar port plans in doubt

Rediff.com16 Jan 2026

India is evaluating its involvement in the Chabahar port project in Iran due to potential US tariffs. The US had granted India a waiver for the project, but it expires soon. India is exploring options to continue supporting the port's development while minimizing exposure to US sanctions.

Trouble for India? Trump announces 25% tariff on Iran's trade partners

Trouble for India? Trump announces 25% tariff on Iran's trade partners

Rediff.com13 Jan 2026

Trump said that the decision would be "immediately" in effect and that the "order is final and conclusive."

'We will defend our people against terror': Jaishankar at SCO meet

'We will defend our people against terror': Jaishankar at SCO meet

Rediff.com18 Nov 2025

India's External Affairs Minister S Jaishankar addressed the Shanghai Cooperation Organisation (SCO) Council of Heads of Government meeting, advocating for a 'zero tolerance' approach to terrorism and emphasizing the need for the SCO to adapt to the changing global landscape.

'Very difficult time': Indians return from Iran amid deadly protests

'Very difficult time': Indians return from Iran amid deadly protests

Rediff.com17 Jan 2026

Several Indians, including students, have arrived in Delhi from Iran amid widespread protests and a government crackdown. The Indian government has issued advisories urging citizens to leave Iran.

GST reforms expected to ignite animal spirits in financial sector: DEA secy

GST reforms expected to ignite animal spirits in financial sector: DEA secy

Rediff.com18 Nov 2025

Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is hopeful that the recent goods and services tax (GST) rationalisation will ignite the much needed animal spirits in the financial sector.

Pak ministry posts plea for aid; account hacked, says govt

Pak ministry posts plea for aid; account hacked, says govt

Rediff.com9 May 2025

Pakistan's Ministry of Economic Affairs X account was hacked and a fake appeal was posted, calling for more international loans to help defuse tensions with India following the Pahalgam terror attack. The post urged the international community to help de-escalate the situation and requested more loans to address "heavy losses" caused by the tensions. The hacking incident occurred during a crucial meeting of the IMF executive board to decide on the next installment of a USD 7 billion loan for Pakistan.

Will Putin's India visit complicate US trade talks? Jaishankar answers

Will Putin's India visit complicate US trade talks? Jaishankar answers

Rediff.com6 Dec 2025

On President Putin's two-day trip to India, Jaishankar said for a "big" and "rising" country like India, it is important to maintain good cooperation with as many important players as possible in the world in line with freedom of choice.

India Still Features In Trump's Security Plan

India Still Features In Trump's Security Plan

Rediff.com26 Dec 2025

The new US national security strategy signals a retreat from global dominance while reaffirming continuity in India's role in Indo-Pacific security and Quad cooperation, points out former foreign secretary Shyam Saran.

Amit Shah calls for unified ATS structure for police across India

Amit Shah calls for unified ATS structure for police across India

Rediff.com27 Dec 2025

Union Home Minister Amit Shah emphasizes the need for a unified anti-terrorism structure and a strong anti-terrorism grid across India to effectively counter terror attacks. He also announced a new plan to combat organized crime.

2025: Modi's Busiest Foreign Travel Year In A Decade

2025: Modi's Busiest Foreign Travel Year In A Decade

Rediff.com31 Dec 2025

The PM's overseas visits in 2025 picked up sharply after May, particularly following Operation Sindoor.

FinMin: 'Setbacks Make Us Stronger'

FinMin: 'Setbacks Make Us Stronger'

Rediff.com28 Aug 2025

'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'

High drama in Karnataka assembly as guv walks out over speech row

High drama in Karnataka assembly as guv walks out over speech row

Rediff.com22 Jan 2026

Gehlot had on Wednesday refused to deliver the address to the Karnataka legislature, leading to a stalemate over the fate of the customary speech that outlines the government's policies.

We have to 'avenge' our painful history: NSA Doval

We have to 'avenge' our painful history: NSA Doval

Rediff.com10 Jan 2026

National Security Advisor Ajit Doval emphasized the need to strengthen India's security across all sectors, including the economy, to address historical vulnerabilities. He highlighted the sacrifices of freedom fighters and the importance of strong leadership.

Beijing dodges India's Indus Treaty move at China-Pak strategic talks

Beijing dodges India's Indus Treaty move at China-Pak strategic talks

Rediff.com5 Jan 2026

China and Pakistan concluded their strategic dialogue, reiterating their opposition to unilateral actions in South Asia and discussing Kashmir, Afghanistan, and trilateral cooperation.

Nirmala Sitharaman: 'Prime Minister Modi Does Not Tolerate Gaming Of The System'

Nirmala Sitharaman: 'Prime Minister Modi Does Not Tolerate Gaming Of The System'

Rediff.com9 Feb 2026

'Grassroots-level corruption, which disrupts the last-mile work, cannot be ignored in your enthusiasm and drive to get going to complete the project.' 'Like it was in MGNREGA, in some states, it is the case with the Jal Jeevan mission.' 'The last minute levels of corruption can ruin the intent of the project itself.' 'When you see that people can game a particular well-intended and well-crafted project, you need to correct that.'

India, Oman to ink free trade agreement during PM Narendra Modi visit

India, Oman to ink free trade agreement during PM Narendra Modi visit

Rediff.com13 Dec 2025

Next week's three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal. The visit will also pave the way for agreements with Ethiopia and Jordan to increase India's bilateral trade and investments.

Ajit Pawar's Balancing Act With Muslims

Ajit Pawar's Balancing Act With Muslims

Rediff.com3 Feb 2026

Ajit Pawar became a ray of hope for Muslims, the only man in power who could resolve their grievances.

China hails Putin's India visit, calls for closer trilateral ties

China hails Putin's India visit, calls for closer trilateral ties

Rediff.com8 Dec 2025

China has reacted positively to Russian President Vladimir Putin's visit to India, emphasizing the importance of trilateral ties between China, Russia, and India for regional and global peace and stability.

China claims it mediated India-Pakistan tensions in May

China claims it mediated India-Pakistan tensions in May

Rediff.com30 Dec 2025

Chinese Foreign Minister Wang Yi stated that China mediated tensions between India and Pakistan, a claim disputed by India which maintains that the matter was resolved bilaterally.

Pankaja, O'Sey Balamma Make It To Sundance

Pankaja, O'Sey Balamma Make It To Sundance

Rediff.com26 Jan 2026

Pankaja and O'Sey Balamma bring deeply personal yet universally resonant stories to Sundance. They represent a new wave of South Indian storytelling, blending cultural authenticity with cinematic innovation, and mark an important step in amplifying regional voices on the international stage.

'My Enemy's Enemy Is My Friend' Is Bangladesh's Dictum'

'My Enemy's Enemy Is My Friend' Is Bangladesh's Dictum'

Rediff.com5 Jan 2026

'Pakistan's role in Bangladesh will always be negative, since it's a one-point agenda is hostility against India.'

India calls for ceasefire, hostage release; hails Gaza peace plan

India calls for ceasefire, hostage release; hails Gaza peace plan

Rediff.com4 Dec 2025

India has called for a ceasefire, release of all hostages, and peaceful resolution of the Israel-Hamas conflict through dialogue and diplomacy. The Centre informed Parliament that India welcomed the agreement on the first phase of the Gaza Peace Plan. The article also covers India's energy sourcing strategy and the release of Indian fishermen by Pakistan.

'No law should...': Modi's 'Reform Express' pitch at NDA meet

'No law should...': Modi's 'Reform Express' pitch at NDA meet

Rediff.com9 Dec 2025

Prime Minister Narendra Modi addressed NDA parliamentarians, emphasizing that laws and regulations should serve the convenience of the common people and not cause harassment.

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

Left parties: US attack on Venezuela 'act of international terrorism'

Left parties: US attack on Venezuela 'act of international terrorism'

Rediff.com3 Jan 2026

Left parties on Saturday denounced the United States for attacking Venezuela and capturing its President Nicholas Maduro, with Communist Party of India-Marxist general secretary M A Baby terming the nighttime military action an 'act of international terrorism by US-led imperialism'.

No USAID funding of $21mn voter turnout in India: Govt

No USAID funding of $21mn voter turnout in India: Govt

Rediff.com22 Aug 2025

On July 2, the US Embassy shared data that "it said covered USAID funding in India from 2014 to 2024", including details of implementing partners, objectives, and key accomplishments of each activity undertaken, he said.

Putin-Modi selfie speaks thousand words: US representative

Putin-Modi selfie speaks thousand words: US representative

Rediff.com11 Dec 2025

United States representative Sydney Kamlager-Dove while talking about the famous car selfie of Prime Minister Narendra Modi with Russian President Vladimir Putin said that it spoke a thousand words.

There is more room for monetary policy easing, says Finance Ministry

There is more room for monetary policy easing, says Finance Ministry

Rediff.com29 Jul 2025

With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.

'India Should Move Quickly As Conditions Change'

'India Should Move Quickly As Conditions Change'

Rediff.com2 Jan 2026

'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'

I'm doing a trade deal with India: Trump in South Korea

I'm doing a trade deal with India: Trump in South Korea

Rediff.com29 Oct 2025

United States President Donald Trump on Wednesday said that the US is 'doing a trade deal with India' as the two sides continue to hold talks on the proposed trade pact.

Diplomatic, economic punitive actions against Pak to continue: India

Diplomatic, economic punitive actions against Pak to continue: India

Rediff.com14 May 2025

External affairs ministry spokesperson Randhir Jaiswal said India will keep the IWT in abeyance until Pakistan "credibly and irrevocably" abjures its support for cross-border terrorism.

India, Canada unveil roadmap to revive ties

India, Canada unveil roadmap to revive ties

Rediff.com13 Oct 2025

India and Canada have unveiled a roadmap to boost cooperation in trade, critical minerals, and energy, signaling efforts to rebuild strained relations following the killing of a Sikh separatist in 2023. Discussions include addressing concerns over pro-Khalistan elements and pursuing a balanced partnership.

India terms EU envoys' article unusual before key Putin visit

India terms EU envoys' article unusual before key Putin visit

Rediff.com3 Dec 2025

India and Russia are poised to sign multiple agreements to bolster cooperation in various sectors, including trade and healthcare, during Russian President Vladimir Putin's visit to New Delhi. Discussions will also address the Ukraine conflict and efforts to increase Indian exports to Russia.

Trump-era H1B fee, tariffs hurt India ties, say US lawmakers

Trump-era H1B fee, tariffs hurt India ties, say US lawmakers

Rediff.com12 Dec 2025

US lawmakers have expressed concerns that policies enacted by the Trump administration, such as the H1B visa fee and tariffs on India, are detrimental to American businesses and threaten the relationship between the United States and India.

Cabinet nod for first digital caste census in 2027

Cabinet nod for first digital caste census in 2027

Rediff.com12 Dec 2025

The Union Cabinet on Friday approved Rs 11,718 crore for conducting the Census of India, 2027, which would include the caste enumeration for the first time.