News for 'Economic Intelligence Unit'

Now, Trump credits 'very smart' leaders of India, Pak for ceasefire

Now, Trump credits 'very smart' leaders of India, Pak for ceasefire

Rediff.com19 Jun 2025

Two 'very smart' leaders of India and Pakistan decided to end last month's conflict that could have turned into a nuclear war, United States President Donald Trump said after holding a rare luncheon meeting with Pakistan army chief Field Marshal Asim Munir at the White House.

Massive crackdown on illegal Bangladeshi immigrants in Guj, 550 held

Massive crackdown on illegal Bangladeshi immigrants in Guj, 550 held

Rediff.com26 Apr 2025

Officials confirmed that all detained individuals were in India without valid documentation and had used fake papers to establish residence.

'Delaying Military Action Would Keep Pakistan Anxious'

'Delaying Military Action Would Keep Pakistan Anxious'

Rediff.com5 May 2025

'Surgical strikes or air strikes, or both, are likely on the table.'

Has US Averted India-Pakistan War?

Has US Averted India-Pakistan War?

Rediff.com2 May 2025

The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.

'Full-Scale War Would Be Catastrophic'

'Full-Scale War Would Be Catastrophic'

Rediff.com9 May 2025

'India enjoys conventional superiority, but nuclear deterrence imposes clear boundaries.'

JD, Usha Vance to visit India next week amid tariff war

JD, Usha Vance to visit India next week amid tariff war

Rediff.com16 Apr 2025

US Vice President JD Vance and his wife Usha, the first Indian-American Second Lady, are set to visit India early next week. Vance will hold talks with Prime Minister Narendra Modi during his visit. The visit comes amid global concerns over President Donald Trump's policy on tariffs. Vance's visit is likely to be more of a private trip though it will have official components.

'Drones And Missiles Can't Deliver A Decisive Military Victory'

'Drones And Missiles Can't Deliver A Decisive Military Victory'

Rediff.com15 May 2025

'Unfortunately, India and Pakistan could learn a 'lesson' from this conflict that will make them more likely to use these weapons against each other in the future.' 'Rounds of missile and drone attacks could be more routine features of their hostility, just like artillery fire has become a familiar fact of life along the Line of Control.'

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Rediff.com23 May 2025

Oil-to-telecom conglomerate Reliance Industries Ltd will invest Rs 75,000 crore in North Eastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, chairman Mukesh Ambani said on Friday. Speaking at the Rising NorthEast Investors Summit here, Reliance Industries Ltd chairman and managing director said his group will invest in factories for high-quality FMCG products in the region and setting up a 150-bed cancer hospital in Manipur.

Philippines Seeks India's Help Against China's Threat

Philippines Seeks India's Help Against China's Threat

Rediff.com5 Apr 2025

The Squad seeks to counter China's power assertions in the South China Sea region.

'China Was Single Most Important External Factor In This Conflict'

'China Was Single Most Important External Factor In This Conflict'

Rediff.com15 May 2025

'Every decision India makes along the LoC, it must also consider implications along the LAC.'

Trump Launches Trade War

Trump Launches Trade War

Rediff.com3 Apr 2025

United States President Donald Trump has imposed a 10% tariff on most US imports, with even higher rates for China (34%), India (26%), Japan (24%) and the EU (20%), escalating a global trade war.

'India Is Where The Action Is'

'India Is Where The Action Is'

Rediff.com20 May 2025

'Pakistan is no longer a front-burner issue for America.'

SUVs The Flavour While Small Cars Remain Out of Reach

SUVs The Flavour While Small Cars Remain Out of Reach

Rediff.com29 May 2025

The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.

26/11 marked turning point in India-Pak ties: Jaishankar

26/11 marked turning point in India-Pak ties: Jaishankar

Rediff.com15 Apr 2025

External Affairs Minister S Jaishankar said the 2008 Mumbai terror attack marked a turning point in relations with Pakistan when Indians collectively felt that such behaviour from a neighbouring country could no longer be tolerated. Speaking at Charotar University of Science and Technology, Jaishankar acknowledged India's transformation under Prime Minister Narendra Modi over the last decade, while Pakistan has remained unchanged, continuing with what he termed as its "bad habits."

Operation Sindoor: 'Escalation Can't Be Ruled Out'

Operation Sindoor: 'Escalation Can't Be Ruled Out'

Rediff.com7 May 2025

'It could take the form of sporadic LoC violation through heavy artillery and mortar fire, focusing on border villages where the Hindu Dogra population is predominant.'

ED allowed to share information about economic offenders with 15 more agencies

ED allowed to share information about economic offenders with 15 more agencies

Rediff.com28 Nov 2022

The government has allowed the Enforcement Directorate to share information about economic offenders with 15 more agencies, including SFIO, CCI and NIA, a move that will expedite nailing of law-breakers. The finance ministry notified changes to the Prevention of Money Laundering Act (PMLA), 2002, on November 22. Through the notification, the Enforcement Directorate (ED), which deals primarily with cases of money laundering and violations of foreign exchange laws, would be able to share data with a total of 25 agencies, including the 10 specified earlier.

Civil services, armed forces must unite against cyberattacks: President Murmu

Civil services, armed forces must unite against cyberattacks: President Murmu

Rediff.com1 Oct 2024

President Droupadi Murmu on Tuesday said cyberattacks have emerged as a major threat to national security and the civil services and armed forces must join hands to create a secure nationwide system capable of thwarting them.

A few final steps to be completed: Misri on Rana's extradition

A few final steps to be completed: Misri on Rana's extradition

Rediff.com14 Feb 2025

The United States has approved the extradition of Tahawwur Rana, accused of involvement in the 2008 Mumbai terror attacks, to India. The decision was announced by President Donald Trump during a joint press conference with Prime Minister Narendra Modi in the White House. India is currently working on the logistics of Rana's surrender and extradition, with several final steps to be completed before he is sent back to India. The joint statement issued by India and the US during Prime Minister Modi's visit reaffirmed their commitment to fighting terrorism and eliminating terrorist safe havens. The leaders also called on Pakistan to bring to justice the perpetrators of the 26/11 Mumbai and Pathankot attacks. Rana, a Canadian national of Pakistani origin, is currently lodged at a metropolitan detention center in Los Angeles. He is associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 attacks.

There will be no winner: Xi's warning to Trump

There will be no winner: Xi's warning to Trump

Rediff.com10 Dec 2024

Gearing up for Trump 2.0 era, Chinese President Xi Jinping on Tuesday cautioned there will be no winner in a tariff or tech wars between China and the United States and vowed that Beijing would firmly safeguard its interests.

Trump pauses tariffs as Canada ramps up border security

Trump pauses tariffs as Canada ramps up border security

Rediff.com4 Feb 2025

United States President Donald Trump said on Monday that Canada will implement a $1.3 billion border plan aimed at stopping the flow of fentanyl into the United States.

Trump backs 'great' H-1B visa programme amid opposition

Trump backs 'great' H-1B visa programme amid opposition

Rediff.com29 Dec 2024

In a major shift from his earlier stance, United States-President elect Donald Trump has expressed his support for the H-1B visa programme and acknowledged frequently using it for his own properties, calling it a 'great programme', according to a report by New York Post.

Trump 2.0: Tough Navigation Lies Ahead For India

Trump 2.0: Tough Navigation Lies Ahead For India

Rediff.com12 Feb 2025

'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.

DeepSeek: China's AI Guerilla War On US

DeepSeek: China's AI Guerilla War On US

Rediff.com6 Feb 2025

DeepSeek is a case in point on how economic interdependence between nations are utilised for geopolitical ambitions and global domination efforts, observes China expert Srikanth Kondapalli.

India to develop affordable AI model under Rs 100/hour: Vaishnaw

India to develop affordable AI model under Rs 100/hour: Vaishnaw

Rediff.com31 Jan 2025

He said that as compared to global models costing 2.5 to 3 US dollars per hour usage, India's AI model will cost less than less than Rs 100 per hour (1.16 US dollars per hour) after 40 percent government subsidy.

Got fake govt e-notice? Here's what to do

Got fake govt e-notice? Here's what to do

Rediff.com14 Jul 2024

Users should be aware of "fake emails" sent in the garb of a government e-notice, said the Indian Cyber Crime Coordination Centre (I4C) in a public advertisement.

Budget focuses on domestic consumption amid global uncertainties

Budget focuses on domestic consumption amid global uncertainties

Rediff.com4 Feb 2025

The Budget 2025-26 meets the expectations of fiscal consolidation, maintaining capital expenditure, and boosting consumption through tax cuts.

'Tata, Mahindra Will Not Allow Tesla to Dominate'

'Tata, Mahindra Will Not Allow Tesla to Dominate'

Rediff.com28 Feb 2025

'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'

'India Must Not Support Nepal's Ex-King'

'India Must Not Support Nepal's Ex-King'

Rediff.com17 Apr 2025

'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'

Sudhir Ghosh: The MP Who Foresaw Quad

Sudhir Ghosh: The MP Who Foresaw Quad

Rediff.com17 Mar 2025

After the 1962 War with China, there was a demand to forge greater defence cooperation between India and the West. One such voice was that of Sudhir Ghosh, a distinguished MP, to tie up strategic cooperation with the USA immediately after the Chinese attack on India, recalls Rup Narayan Das.

Tributes pour in for Dr Singh from across the globe

Tributes pour in for Dr Singh from across the globe

Rediff.com27 Dec 2024

Condolences have poured in from across the globe, including from the United States, Canada and Sri Lanka following the demise of former Prime Minister Manmohan Singh.

WEF: Trump tells businesses to manufacture in US or face tariffs

WEF: Trump tells businesses to manufacture in US or face tariffs

Rediff.com24 Jan 2025

US President Donald Trump on Thursday addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the US, while threatening them with tariffs if they don't. Addressing the forum's Annual Meeting in Davos through video conferencing, Trump also said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately.

'BJP Won't Be Able To Form Government In Bengal in 2026'

'BJP Won't Be Able To Form Government In Bengal in 2026'

Rediff.com21 Apr 2025

'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'

Modi, Macron fly together to Marseille, open new Indian consulate

Modi, Macron fly together to Marseille, open new Indian consulate

Rediff.com12 Feb 2025

Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

Our ties shouldn't be transactional, says outgoing US envoy

Our ties shouldn't be transactional, says outgoing US envoy

Rediff.com20 Jan 2025

Richard Verma, the highest-ranking Indian-American official in the State Department, has expressed optimism about the future of US-India ties and emphasized the need to base the relationship on shared values rather than mere transactional dealings. Verma, who previously served as America's Ambassador to India, stressed the importance of the Quad in defending the international order, highlighting its shared commitment to a free and open Indo-Pacific.

Why Is India Not In The Innovation Race?

Why Is India Not In The Innovation Race?

Rediff.com16 Jan 2025

India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.

Will Trump 2.0 continue pro-India policies?

Will Trump 2.0 continue pro-India policies?

Rediff.com5 Jan 2025

A leading expert predicts that the incoming Trump administration will likely continue its pro-India policies, including the Indo-Pacific strategy and Quad, but highlights potential challenges such as trade disagreements, immigration issues, and a possible quid pro quo for technology sharing. The expert also notes that the Trump 2.0 administration may prioritize great power politics over strategic altruism, potentially impacting human rights and religious freedom concerns.

Modi's Media Triumph With Uncertain Returns

Modi's Media Triumph With Uncertain Returns

Rediff.com20 Mar 2025

'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.

IT competitiveness: US is No.1, India at 44

IT competitiveness: US is No.1, India at 44

Rediff.com17 Sep 2009

India and China by virtue of their large pool of skilled IT employees enjoy a significant advantage among emerging markets but lack of IT infrastructure remains a dampener, blunting their competitive edge, a report by Economic Intelligence research said.

Why 64% MTech Seats Are Vacant in Indian Colleges

Why 64% MTech Seats Are Vacant in Indian Colleges

Rediff.com23 Jan 2025

The growing decline of MTech applicants in Indian colleges is due to multiple factors, including outdated curricula, poor return on investment and lucrative non-engineering alternatives, say experts.