News for 'Economic Affairs'

Trump says India once 'killed' US with tariffs, now offers none

Trump says India once 'killed' US with tariffs, now offers none

Rediff.com3 Sep 2025

"I understood tariffs better than any human being in the world. And now with my tariffs, they were all dropping them. India was the most highly tariffed nation... And you know what, they've offered me no tariffs in India anymore. No tariffs," Trump said.

How Gen Z And Social Media Are Changing Nepal

How Gen Z And Social Media Are Changing Nepal

Rediff.com16 Sep 2025

From mobilising protests to choosing the interim prime minister -- Discord, Bitchat became virtual control rooms, even as familiar platforms like TikTok, Reddit, Instagram, etc. played their part.

It's 'blood money': Navarro's fresh rant on India's Russian oil buys

It's 'blood money': Navarro's fresh rant on India's Russian oil buys

Rediff.com8 Sep 2025

Using an expletive in his post on X, Navarro said, "Fact: India didn't buy Russian oil in large quantities before Russia invaded Ukraine. It's blood money and people are dying."

India opposes fresh $2.3 bn IMF loans to Pak over terror concerns

India opposes fresh $2.3 bn IMF loans to Pak over terror concerns

Rediff.com9 May 2025

India has opposed the International Monetary Fund's (IMF) proposal to extend fresh loans of USD 2.3 billion to Pakistan, citing concerns that the funds could be misused for financing state-sponsored cross-border terrorism. India abstained from voting at the IMF meeting, expressing concerns about Pakistan's track record and the possibility of debt financing being misused for terrorism. The IMF took note of India's statements and its abstention from the vote. India's opposition comes at a time when military conflict between India and Pakistan has intensified following a terrorist attack in Kashmir.

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Rediff.com10 Dec 2024

Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues at the central bank.

Little group called BRICS is fading out fast: Trump

Little group called BRICS is fading out fast: Trump

Rediff.com19 Jul 2025

United States President Donald Trump has warned that countries aligning with the BRICS economic bloc will face additional 10 per cent tariffs on their goods, as he seeks to protect the dollar's global dominance.

Turbulence In Tokyo: What It Means For India

Turbulence In Tokyo: What It Means For India

Rediff.com12 Sep 2025

Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.

Trump renews tariff warning to India as Modi meets Putin, Xi in Tianjin

Trump renews tariff warning to India as Modi meets Putin, Xi in Tianjin

Rediff.com2 Sep 2025

He added that India sells to the US, its biggest "client", "massive" amounts of goods, "but we sell them very little - Until now a totally one sided relationship, and it has been for many decades."

Trump Rules Out Trade Talks With India

Trump Rules Out Trade Talks With India

Rediff.com8 Aug 2025

United States President Donald Trump has said there will be no trade negotiations with India until a dispute over tariffs is resolved, following his administration's decision to double tariffs on Indian imports.

Modi attends Independence Day celebrations in Maldives

Modi attends Independence Day celebrations in Maldives

Rediff.com26 Jul 2025

Prime Minister Narendra Modi on Saturday graced the 60th Independence Day celebrations of the Maldives as the guest of honour, signalling a renewed warmth in bilateral ties after a spell of unease.

If India wants to be treated as a strategic ally of US...: Trump official

If India wants to be treated as a strategic ally of US...: Trump official

Rediff.com19 Aug 2025

Notably, US President Donald Trump and his administration have continuously targeted India over its purchase of Russian crude oil. India, on the other hand, has always maintained that India's purchases are based on its domestic needs and economic security.

'Whatever Trump Says, India Can't Stop Buying Russian Oil'

'Whatever Trump Says, India Can't Stop Buying Russian Oil'

Rediff.com5 Aug 2025

'America is adopting the typical 'my way or the highway'/'Either you are with us or against us' stance.' 'This is a policy India is not going to accept.'

Doval, Russian first dy PM discuss military-tech ties, joint projects

Doval, Russian first dy PM discuss military-tech ties, joint projects

Rediff.com9 Aug 2025

National Security Advisor Ajit Doval met with Russian First Deputy Prime Minister Denis Manturov to discuss bilateral military-technical ties and implementation of joint projects in strategic sectors. The meeting comes amid growing US pressure and tariffs on Indian goods.

Setback for India? US revokes sanctions waiver for Chabahar port

Setback for India? US revokes sanctions waiver for Chabahar port

Rediff.com19 Sep 2025

India has said it will take all steps to protect its national interests and ensure comprehensive national security in all domains after Pakistan and Saudi Arabia signed a strategic defence pact.

US warns: Tariffs on India could go up if...

US warns: Tariffs on India could go up if...

Rediff.com14 Aug 2025

United States Treasury Secretary Scott Bessent has warned that the secondary tariffs on India could go up if 'things don't go well' during talks between President Donald Trump and Russian President Vladimir Putin in Alaska on Friday.

Trump's 24-hr threat to India; Russia steps in to defend

Trump's 24-hr threat to India; Russia steps in to defend

Rediff.com5 Aug 2025

United States President Donald Trump on Tuesday said India has not been a good trading partner and announced that he will raise the tariffs on New Delhi 'very substantially' over the next 24 hours because it is buying Russian oil.

Survey on how India can build quality infrastructure

Survey on how India can build quality infrastructure

Rediff.com22 Jul 2024

A higher level of private sector financing and resource mobilisation from new sources will be crucial for India to build quality infrastructure, according to the Economic Survey 2023-24. The Economic Survey 2023-24 was tabled in Parliament by Finance Minister Nirmala Sitharaman on Monday.

US may hold back secondary tariffs on India, says Trump

US may hold back secondary tariffs on India, says Trump

Rediff.com16 Aug 2025

There were apprehensions that additional secondary tariffs would have hit India in case the US decided to enforce them.

Two Chinese ministers attend India's I-Day reception in Beijing

Two Chinese ministers attend India's I-Day reception in Beijing

Rediff.com15 Aug 2025

Two senior Chinese ministers attended India's Independence Day reception in Beijing, signaling a potential improvement in relations ahead of Prime Minister Modi's expected visit to China for the Shanghai Cooperation Organisation summit.

Mehul Choksi extradition: India assures Belgium on prison conditions

Mehul Choksi extradition: India assures Belgium on prison conditions

Rediff.com9 Sep 2025

The Indian government has provided assurances to Belgian authorities regarding the prison conditions awaiting Mehul Choksi if he is extradited. The details focus on meeting European standards for humane treatment and addressing concerns about overcrowding and solitary confinement.

India signals willingness to cut Russian oil? US lawmaker says...

India signals willingness to cut Russian oil? US lawmaker says...

Rediff.com4 Sep 2025

An influential US lawmaker claims his visit to India helped catalyze "early signals" that New Delhi may reduce its imports of Russian oil, a step he described as "meaningful" in weakening Moscow's ability to fund its war in Ukraine.

Moody's report on India's economic outlook 'extremely disappoints' govt

Moody's report on India's economic outlook 'extremely disappoints' govt

Rediff.com25 Aug 2023

The government is "extremely disappointed" with the latest report of the Moody's rating agency on India's economic outlook. The report, a senior government official said, was highly contradictory and called the rating agency's credibility into question. Referring to the Moody's statement that "India's fiscal strength remains a key weakness in the sovereign credit profile...", the official remarked: "How can my strength be my weakness? Moreover, they are unwilling to have a like-to-like comparison with India."

'Gurus Abuse The Very People Who Give Them Power'

'Gurus Abuse The Very People Who Give Them Power'

Rediff.com7 Oct 2025

'What is it about the institution of faith that makes somebody get a sense of impunity, that they believe they can get away with anything?'

Is This Why Trump Turned On India?

Is This Why Trump Turned On India?

Rediff.com9 Aug 2025

Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.

India's EU Trade Deal Has A LONG Way To Go

India's EU Trade Deal Has A LONG Way To Go

Rediff.com18 Sep 2025

'Even if tariffs are reduced, non-tariff may still remain a challenge.'

'China Is Competing In A Space Where India Was Dominant'

'China Is Competing In A Space Where India Was Dominant'

Rediff.com19 Aug 2025

'These efforts by Beijing can be weaponised one day with economic, security and political implications for India.'

'Jhoot brigade': Cong slams BJP after FinMin report on USAID

'Jhoot brigade': Cong slams BJP after FinMin report on USAID

Rediff.com24 Feb 2025

The latest annual report of the finance ministry has disclosed that the agency funded seven projects worth USD 750 million in 2023-24.

'Glad Trump stated facts': Rahul backs 'dead economy' remark on India

'Glad Trump stated facts': Rahul backs 'dead economy' remark on India

Rediff.com31 Jul 2025

The BJP flayed Gandhi for "echoing" Trump's "dead economy" jibe at India, calling it a "shameful" insult to the aspirations, achievements, and well-being of the people of the country.

Brazil responds to Trump's 50% tariff with 'Reciprocity Law'

Brazil responds to Trump's 50% tariff with 'Reciprocity Law'

Rediff.com10 Jul 2025

Brazilian President Luiz Inacio Lula da Silva on Wednesday (local time) issued a firm response to United States President Donald Trump's announcement of a 50 per cent tariff on Brazil by invoking the country's 'Economic Reciprocity Law', while asserting Brazil's sovereignty and rejecting 'any form of tutelage' in what he described as Trump's attempts to interfere in the country's internal judicial affairs.

'Trump's policies alienated India, pushed it towards Russia, China'

'Trump's policies alienated India, pushed it towards Russia, China'

Rediff.com2 Sep 2025

Former US National Security Advisor John Bolton says President Trump's policies have damaged US-India relations, pushing New Delhi closer to Russia and China.

Shaktikanta Das appointed principal secretary to PM

Shaktikanta Das appointed principal secretary to PM

Rediff.com22 Feb 2025

P K Mishra, a retired IAS officer of the Gujarat cadre, is currently serving as the principal secretary to the prime minister.

The Leverage Trump's US Has On Xi's China Has Shrunk

The Leverage Trump's US Has On Xi's China Has Shrunk

Rediff.com31 Jul 2025

The stock and bond markets told Trump firmly that any idea of isolating China would lead to harming the US economy and this forced Trump to backtrack, points out Aakar Patel.

Amid Trump's tirade, Indian Army reminds US of Pak deal

Amid Trump's tirade, Indian Army reminds US of Pak deal

Rediff.com5 Aug 2025

In response to US criticism of India's oil imports from Russia, the Indian Army shared a 1971 news clip highlighting the US's role in arming Pakistan.

Modi presents 'Ek Ped Maa Ke Naam' to King Charles

Modi presents 'Ek Ped Maa Ke Naam' to King Charles

Rediff.com24 Jul 2025

Prime Minister Narendra Modi presented a tree sapling to King Charles III as part of his 'Ek Ped Maa Ke Naam' environmental initiative during their meeting at Sandringham Estate.

Trump's Russian Roulette Over India's Oil Supply

Trump's Russian Roulette Over India's Oil Supply

Rediff.com5 Aug 2025

The trade relationship between India and the United States has been strained by the imposition of 25% tariff by the US on Indian goods.

Modi likely to visit US for UNGA session amid Trump tariff

Modi likely to visit US for UNGA session amid Trump tariff

Rediff.com13 Aug 2025

Prime Minister Narendra Modi is likely to address the UN General Assembly in September. The session will address global conflicts and trade negotiations between the US and India.

Indulging in trade with Russia themselves: India counters US

Indulging in trade with Russia themselves: India counters US

Rediff.com5 Aug 2025

India has strongly criticized the US and EU for their 'unjustified and unreasonable' targeting of New Delhi for its procurement of Russian crude oil, pointing out their own continued trade relations with Russia.

Will Wang's Visit Help Improve Relations?

Will Wang's Visit Help Improve Relations?

Rediff.com22 Aug 2025

The Galwan clashes indicate to the limitations in relations if they do not address border stability, points out Srikanth Kondapalli.

Oli's exit plunges Nepal back into political uncertainty

Oli's exit plunges Nepal back into political uncertainty

Rediff.com9 Sep 2025

A profile of veteran Nepali politician K P Sharma Oli, detailing his rise to power, his various stints as prime minister, and his impact on Nepal's political landscape.

Will Wang's Visit Help Improve Relations?

Will Wang's Visit Help Improve Relations?

Rediff.com22 Aug 2025

The Galwan clashes indicate to the limitations in relations if they do not address border stability, points out Srikanth Kondapalli.