News for 'Economic Affairs'

BMW mows down senior finance ministry official in Delhi

BMW mows down senior finance ministry official in Delhi

Rediff.com15 Sep 2025

A senior official from the Union Ministry of Finance died and three others were injured after a BMW allegedly struck his motorcycle in Delhi. Police are investigating the incident.

Odisha Gives MLAs A 200% Pay Hike

Odisha Gives MLAs A 200% Pay Hike

Rediff.com23 Dec 2025

In terms of MLA salaries, Odisha is followed by Telangana (about Rs 2.7 lakh), Maharashtra (Rs 2.6 lakh), Manipur (Rs 2.5 lakh), and Uttar Pradesh (Rs 2.4 lakh).

Sergio Gor, Agrawal Talk Trade Deal

Sergio Gor, Agrawal Talk Trade Deal

Rediff.com13 Oct 2025

While both sides have announced the decision to restart talks for a trade deal, government officials said discussions are continuing virtually.

China-Japan row erupts over Taiwan remarks, envoy's threat

China-Japan row erupts over Taiwan remarks, envoy's threat

Rediff.com10 Nov 2025

A Chinese diplomat's aggressive comments threatening the Japanese Prime Minister over remarks about Taiwan have ignited a diplomatic row between China and Japan.

India, Russia Explore Duty Cuts to Rebalance Trade

India, Russia Explore Duty Cuts to Rebalance Trade

Rediff.com3 Dec 2025

Putin's State visit will centre on fixing the huge India-Russia trade imbalance, with both sides pushing to lower duties, ease non-tariff barriers, and seal a landmark mobility pact to send more Indian workers to Russia.

Afghan foreign minister in India, to meet Jaishankar, Doval

Afghan foreign minister in India, to meet Jaishankar, Doval

Rediff.com9 Oct 2025

Afghan Foreign Minister Amir Khan Muttaqi arrived in New Delhi for a six-day visit, marking the first high-level trip from Kabul since the Taliban's takeover. He is scheduled to meet with Indian officials to discuss bilateral relations and regional issues.

'Coercive, unilateral': BRICS nations slam Trump tariffs

'Coercive, unilateral': BRICS nations slam Trump tariffs

Rediff.com27 Sep 2025

The BRICS nations have expressed concern over the proliferation of trade-restrictive actions in the form of 'indiscriminate rising' of tariffs, particularly measures used as a means of 'coercion', cautioning that such practices risk marginalising the Global South countries.

Is India Standing Alone in 2025?

Is India Standing Alone in 2025?

Rediff.com22 Dec 2025

The 2025 US National Security Strategy marks a major pullback, with America turning backward and effectively allowing China greater dominance in Asia. while long-time partners like India are left to face an increasingly unstable global order largely on their own, observes Rajeev Srinivasan.

Vehemently opposed ADB's loan to Pakistan: Govt sources

Vehemently opposed ADB's loan to Pakistan: Govt sources

Rediff.com4 Jun 2025

India had vehemently opposed Asian Development Bank's decision to grant $800 million loan to Pakistan saying the fund could be misused for increasing expenditure on its military, government sources said.

Sonia Gandhi, Rahul booked in National Herald case

Sonia Gandhi, Rahul booked in National Herald case

Rediff.com30 Nov 2025

Delhi Police has filed an FIR against Congress leaders Sonia Gandhi and Rahul Gandhi and others in the National Herald case based on a complaint by the ED, alleging money laundering and abuse of position for personal gains.

India restores embassy in Kabul, vows to deepen ties with Afghanistan

India restores embassy in Kabul, vows to deepen ties with Afghanistan

Rediff.com21 Oct 2025

The MEA release said that the embassy of India in Kabul will further augment India's contribution to Afghanistan's comprehensive development.

'India-US ties not criteria for New Delhi-Russia relations'

'India-US ties not criteria for New Delhi-Russia relations'

Rediff.com28 Sep 2025

Lavrov, who addressed the UN General Assembly shortly before External Affairs Minister S Jaishankar's speech at the high-level General Debate, said India and Russia share a "particularly privileged strategic partnership".

BMW crash: Accused tests -ve for alcohol, faces culpable homicide

BMW crash: Accused tests -ve for alcohol, faces culpable homicide

Rediff.com17 Sep 2025

Senior finance ministry official Navjot Singh, killed in a BMW crash, was cremated. The driver's alcohol test was negative, and an investigation is underway.

Delhi BMW couple took victims 22 km away despite pleas

Delhi BMW couple took victims 22 km away despite pleas

Rediff.com15 Sep 2025

A senior government official died and his wife was seriously injured after their motorcycle was hit by a BMW in Delhi. The wife alleges the couple in the car delayed taking them to a proper hospital.

When a sitting member openly protects...: Jaishankar blasts UN over Pak move

When a sitting member openly protects...: Jaishankar blasts UN over Pak move

Rediff.com24 Oct 2025

External Affairs Minister S Jaishankar criticizes Pakistan's attempts to protect a terror group at the UN Security Council, highlighting the need for urgent reforms within the global body.

India seeks closer ties with Russia amid Trump tariffs

India seeks closer ties with Russia amid Trump tariffs

Rediff.com21 Aug 2025

External Affairs Minister S Jaishankar has called for India and Russia to adopt a creative and innovative approach to address complex geopolitical challenges, emphasizing diversification and expansion of cooperation.

Pak summons Afghan envoy over Kabul's joint statement with India

Pak summons Afghan envoy over Kabul's joint statement with India

Rediff.com12 Oct 2025

Pakistan summoned the Afghan ambassador to convey its strong reservations over the India-Afghanistan joint statement issued in New Delhi, particularly regarding references to Jammu and Kashmir.

Rare earth curbs to hit EV, RE, defence sectors

Rare earth curbs to hit EV, RE, defence sectors

Rediff.com28 Jun 2025

India's macroeconomic health is in a "relative goldilocks situation", and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is "too soon to sound the 'all clear' for the rest of the year", the Finance Ministry said on Friday.

Meet Nirmalaji's Budget Team

Meet Nirmalaji's Budget Team

Rediff.com30 Jan 2025

This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year.

MCA Rethinks PM Internship Scheme

MCA Rethinks PM Internship Scheme

Rediff.com17 Nov 2025

With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.

India, Central Asian nations to work with Afghanistan on security

India, Central Asian nations to work with Afghanistan on security

Rediff.com17 Oct 2025

India and Central Asian nations agree to collaborate with Afghanistan on security challenges amid escalating tensions with Pakistan. The discussions took place at the third India-Central Asia meeting of top security officials in Bishkek.

India flags humanitarian risks in US H-1B fee hike

India flags humanitarian risks in US H-1B fee hike

Rediff.com20 Sep 2025

India has expressed concerns over the potential humanitarian consequences of the Trump administration's new restrictions on the H1B visa program, particularly the disruption to families. The government hopes the US authorities will address these issues.

'Trump Acts Like A Mafia Boss'

'Trump Acts Like A Mafia Boss'

Rediff.com27 Sep 2025

'He is creating a culture of fear.'

India's GDP growth revised downward to 6.3% for 2025

India's GDP growth revised downward to 6.3% for 2025

Rediff.com17 May 2025

India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.

India rejects NATO chief's claim of Modi-Putin call on Ukraine strategy

India rejects NATO chief's claim of Modi-Putin call on Ukraine strategy

Rediff.com26 Sep 2025

India has refuted claims made by NATO Secretary-General Mark Rutte that Prime Minister Narendra Modi contacted Russian President Vladimir Putin to discuss Russia's strategy on Ukraine in light of US tariffs on India.

India's Russian oil import rebounds in Oct after dip in Q2

India's Russian oil import rebounds in Oct after dip in Q2

Rediff.com17 Oct 2025

India's crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet festive demand, according to ship tracking data.

Antwerp court clears fugitive jeweller Mehul Choksi's extradition

Antwerp court clears fugitive jeweller Mehul Choksi's extradition

Rediff.com18 Oct 2025

A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.

'Indian Youth Can Expect Career Growth In Russia'

'Indian Youth Can Expect Career Growth In Russia'

Rediff.com4 Dec 2025

'Don't look at Russia only as a place to earn quickly and then leave.' 'Try to build experience in serious companies, skills and certifications that will serve you anywhere in the world.'

What Canada Can Do To Revive India Relationship

What Canada Can Do To Revive India Relationship

Rediff.com3 Nov 2025

For Canada, important steps towards containing domestic elements that fuel pro-Khalistan sentiments can go a long way in signalling trust positively with regard to security and sovereignty, point out Harsh V Pant and Vivek Mishra.

Will Japan's Iron Lady Deepen India-Japan Ties?

Will Japan's Iron Lady Deepen India-Japan Ties?

Rediff.com15 Oct 2025

As a protege of Shinzo Abe, Takaichi is expected to scale bilateral ties much higher. Trade and investment shall grow. People-to-people contacts shall be scaled up, points out Dr Rajaram Panda.

'Saudi-Pak Deal Is Not Targeted Against India'

'Saudi-Pak Deal Is Not Targeted Against India'

Rediff.com22 Sep 2025

'Nor would it have serious implications in India's relations with Saudi Arabia that stand on their own and have improved significantly in recent times, including in defence and strategic affairs.'

India's new travel anthem: Go where the music plays, and tourism thrives

India's new travel anthem: Go where the music plays, and tourism thrives

Rediff.com10 Nov 2025

India's live events scene is hitting a high note. With global performers adding the country to their tour maps and the government aiming to double the concert economy, hotels in key metro cities are bracing for sold-out weekends. Travel operators, too, are curating packages built entirely around concerts.

We rely on India's active role in peace efforts: Ukraine

We rely on India's active role in peace efforts: Ukraine

Rediff.com4 Sep 2025

External Affairs Minister S Jaishankar reiterated India's support for an early end to the conflict in Ukraine after a conversation with his Ukrainian counterpart, Andrii Sybiha. The discussion follows recent diplomatic engagements, including meetings between Prime Minister Modi and both President Putin and President Zelenskyy.

Cost-effective: Russia defends oil ties with India after Trump's claim

Cost-effective: Russia defends oil ties with India after Trump's claim

Rediff.com16 Oct 2025

The Indian government is dealing with the matter having in mind the national interests of this country in the first place, he said.

Zohran Mamdani scripts history, becomes NYC's 1st Muslim mayor

Zohran Mamdani scripts history, becomes NYC's 1st Muslim mayor

Rediff.com6 Nov 2025

Zohran Mamdani has been elected as the Mayor of New York City, becoming the first South Asian and Muslim to hold the position. He defeated Republican nominee Curtis Sliwa and former New York State Governor Andrew Cuomo.

Trump loyalist confirmed as US envoy to India

Trump loyalist confirmed as US envoy to India

Rediff.com9 Oct 2025

Gor, 38, was among 107 nominees confirmed by the Senate in a single en bloc vote on Tuesday, with 51 senators voting in favour and 47 against.

Gigcations Are India's New Travel Phenom

Gigcations Are India's New Travel Phenom

Rediff.com10 Nov 2025

Travellers are turning concerts into full-fledged weekend getaways, giving rise to the 'gigcation' -- a short, experience-led micro-holiday.

Taliban foreign minister to visit India as UNSC relaxes ban

Taliban foreign minister to visit India as UNSC relaxes ban

Rediff.com3 Oct 2025

Afghan Foreign Minister Amir Khan Muttaqi is expected to visit India next week, marking the first high-level trip from Kabul since the Taliban's rise to power. The visit follows a temporary exemption to a UN travel ban and is expected to enhance India's relations with the Taliban government.

Delhi BMW crash: Accused woman gets bail

Delhi BMW crash: Accused woman gets bail

Rediff.com27 Sep 2025

A court in New Delhi on Saturday granted bail to Gaganpreet Kaur, the key accused in the BMW incident, saying the accident's CCTV footage showed the allegation of culpable homicide was on a 'fragile foundation'.

Pak gets $1 bn IMF loan despite India's strong objection

Pak gets $1 bn IMF loan despite India's strong objection

Rediff.com10 May 2025

India registered its protest at the board of IMF, which met on Friday to review the EFF lending programme for Pakistan.