News for 'European Union'

Biocon launches diabetes & obesity drugs in Netherlands

Biocon launches diabetes & obesity drugs in Netherlands

Rediff.com16 Dec 2025

Biocon Limited has launched its GLP-1 peptide, liraglutide, for the treatment of diabetes and obesity in the Netherlands, as the biopharmaceutical firm positions itself as a global player in the fast-growing diabetes and obesity market currently dominated by the likes of Novo Nordisk and Eli Lilly.

End of war 'very close': Trump after meeting Zelenskyy

End of war 'very close': Trump after meeting Zelenskyy

Rediff.com29 Dec 2025

United States President Donald Trump on Sunday said a peace agreement to end the Russia-Ukraine war is getting 'very close', after a high-level meeting with Ukrainian President Volodymyr Zelenskyy at his Mar-a-Lago resort in Florida.

Hormuz Crisis Hits India Hard

Hormuz Crisis Hits India Hard

Rediff.com14 Apr 2026

The cost of the war is being counted not in the corridors of power in Washington or Tehran, but in Firozabad's darkened furnace rooms, Howrah's idle casting sheds, and a barbershop in Kochi where the wait is suddenly, inexplicably, an hour long, notes Prem Panicker in his must read blog on the Iran War.

Steel prices hiked again amid rising exports

Steel prices hiked again amid rising exports

Rediff.com19 Jan 2026

The imposition of safeguard duty, an uptick in exports, and an increase in input cost are driving steel prices higher. The latest round of price increase took place on Friday, with some steel mills increasing hot-rolled coil (HRC) prices by ~500-750 a tonne, according to price reporting and market intelligence firm BigMint. HRC is a benchmark for flat steel.

Indian Lacrosse Teams Set Sights on LA 2028 Olympics After Asian Games Success

Indian Lacrosse Teams Set Sights on LA 2028 Olympics After Asian Games Success

Rediff.com25 Mar 2026

Indian men's and women's lacrosse teams, fresh off their gold-winning performance at the Asian Lacrosse Games, have been felicitated by the Sports Minister and urged to focus on qualifying for the 2028 Los Angeles Olympics.

India, EU FTA: Duty cuts on textiles, footwear, cars, wines likely

India, EU FTA: Duty cuts on textiles, footwear, cars, wines likely

Rediff.com26 Jan 2026

Import duty cuts on labour-intensive sectors such as textiles and footwear, as well as cars, and wines, are likely to be part of the free trade agreement between India and the 27-nation bloc European Union (EU), the conclusion of which is set to be announced on January 27 here, sources said.

India-US trade deal brings glimmer of hope for beleaguered IT services players

India-US trade deal brings glimmer of hope for beleaguered IT services players

Rediff.com11 Feb 2026

The India-US trade deal has offered a much-needed breather for the Indian information technology (IT) industry, which has been grappling with global macroeconomic uncertainty and subdued client spending over the past few years.

Equity Markets' Challenges: Weak Demand, High Valuation

Equity Markets' Challenges: Weak Demand, High Valuation

Rediff.com17 Feb 2026

Trade deals ease risks for Indian equities, but weak demand and stretched valuations raise questions over whether optimism -- especially in smallcaps -- can turn into a sustained bull run, points out Debashis Basu.

Agricultural shift from subsidies to sustainability may be the way ahead

Agricultural shift from subsidies to sustainability may be the way ahead

Rediff.com26 Feb 2026

India is already a heavyweight in global farm trade in pockets such as rice exports, but experts are urging a pivot from a subsidy- and procurement-driven mindset to a productivity and nutrition strategy that still shields farmers from volatility.

Iran protests hit day 14, hundreds feared dead

Iran protests hit day 14, hundreds feared dead

Rediff.com11 Jan 2026

Anti-government protests in Iran have continued for the fourteenth consecutive day on Saturday, with authorities tightening security measures as demonstrations spread across multiple cities.

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.

India backs Gaza peace plan, Modi tells Israeli Knesset

India backs Gaza peace plan, Modi tells Israeli Knesset

Rediff.com25 Feb 2026

Prime Minister Narendra Modi addressed the Israeli Parliament, reaffirming India's support for Israel in the face of terrorism and expressing support for the Gaza peace initiative.

India and France Elevate Ties to 'Special Global Strategic Partnership'

India and France Elevate Ties to 'Special Global Strategic Partnership'

Rediff.com18 Feb 2026

India and France have elevated their relationship to a 'special global strategic partnership,' with increased cooperation in defense, trade, and technology. The leaders also inaugurated a helicopter assembly line in Karnataka.

India-US trade deal: How India protects its agriculture, dairy sectors

India-US trade deal: How India protects its agriculture, dairy sectors

Rediff.com4 Feb 2026

India has completely protected the interests of its agriculture and dairy sector in the India-US trade agreement.

Trump unveils 'Board of Peace', India skips ceremony

Trump unveils 'Board of Peace', India skips ceremony

Rediff.com22 Jan 2026

India was among the countries not present in Davos when US President Donald Trump unveiled his "Board of Peace" that seeks to work towards bringing lasting peace to Gaza and possibly resolve global conflicts. India is yet to take a call on it, people familiar with the matter said when asked about Trump's invite to PM Modi.

Explained: How FTA with EU will help boost India's exports

Explained: How FTA with EU will help boost India's exports

Rediff.com28 Jan 2026

India and the European Union (EU) on Tuesday announced the conclusion and finalisation of negotiations for the proposed free trade agreement (FTA).

India-US Trade Deal: ' Not Much To Negotiate'

India-US Trade Deal: ' Not Much To Negotiate'

Rediff.com29 Nov 2025

'There are very few issues and a political call needs to be taken about some of them.'

President Murmu invokes leaders from Nehru to Vajpayee to urge MPs' unity

President Murmu invokes leaders from Nehru to Vajpayee to urge MPs' unity

Rediff.com28 Jan 2026

President Droupadi Murmu addressed Parliament, urging unity on national issues like 'Viksit Bharat', swadeshi, and national security. She highlighted government initiatives and the nation's progress.

What Mr Modi is trying to do...: Rahul targets govt from Berlin

What Mr Modi is trying to do...: Rahul targets govt from Berlin

Rediff.com23 Dec 2025

In an hour-long video released by the Congress on Monday, Gandhi said India's largest and complex democracy is a global asset, and the "assault" on the Indian democratic system is also an attack on the global democratic system.

Why India-US Trade Deal Is Key For Growth

Why India-US Trade Deal Is Key For Growth

Rediff.com23 Feb 2026

The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.

India-EU's FTA perfect answer to 'hegemons' using tariffs: Canadian minister

India-EU's FTA perfect answer to 'hegemons' using tariffs: Canadian minister

Rediff.com27 Jan 2026

In a veiled attack on US President Donald Trump, Canada's Minister of Energy and Natural Resources Tim Hodgson on Tuesday said India's free trade agreement with the European Union is a "perfect" answer to global hegemons that use tariffs and economic integration as tools of coercion.

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.

Will New Labour Codes Boost Textile Exports?

Will New Labour Codes Boost Textile Exports?

Rediff.com2 Dec 2025

While the move may give a competitive edge over rivals like Bangladesh in the global market, several industry bodies raised concerns that many state governments may not implement it on the ground.

India Will Continue To Buy Russian Oil

India Will Continue To Buy Russian Oil

Rediff.com6 Feb 2026

'No one can or will bar India from pursuing its energy goals as it wishes.' 'The US FTA wording may sound more restrictive, but the underlying reality will not undermine India's sovereign energy decisions.'

Russia, China condemn US action in Venezuela

Russia, China condemn US action in Venezuela

Rediff.com3 Jan 2026

Russia and China on Saturday condemned the United States airstrikes on Venezuela and the capture of its president, Nicolas Maduro and his wife.

Will Gold Price Cross 2 Lakhs In 2026?

Will Gold Price Cross 2 Lakhs In 2026?

Rediff.com23 Jan 2026

'A breakout above 158,000 to 160,000 could trigger the next leg higher toward 165,000 to 170,000.'

Not concerned about rupee at all: Sanjeev Sanyal

Not concerned about rupee at all: Sanjeev Sanyal

Rediff.com18 Dec 2025

Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal on Thursday said he is not concerned about the rupee at all, arguing that even China and Japan witnessed exchange rate weaknesses during their high growth phases.

India spent 2.5 bn euro to buy Russian oil in Sep

India spent 2.5 bn euro to buy Russian oil in Sep

Rediff.com16 Oct 2025

India, the world's third-largest oil consumer, spent 2.5 billion euro on buying crude oil from Russia in September, 14 per cent less than the previous month, a European think tank said. India remained the second-largest buyer of Russian fossil fuels in September behind China, according to the Centre for Research on Energy and Clean Air (CREA).

India to restrict Russian oil buy, import only where...

India to restrict Russian oil buy, import only where...

Rediff.com3 Feb 2026

India will restrict crude oil purchases from Russia as part of an agreement reached with the US in exchange for lower trade tariffs, sources said, adding imports will continue for now by refiners such as Nayara Energy, which have no other alternative source. US President Donald Trump announced overnight that the United States will cut the reciprocal tariff on imports of Indian goods to 18 per cent from 25 per cent under a broader bilateral understanding.

WhatsApp can't play with citizens' privacy rights: SC

WhatsApp can't play with citizens' privacy rights: SC

Rediff.com3 Feb 2026

The court is hearing appeals against a CCI order imposing a penalty on Meta and WhatsApp.

'Pakistan Threatened India With Nuclear Weapons Three Times Before 1998'

'Pakistan Threatened India With Nuclear Weapons Three Times Before 1998'

Rediff.com27 Mar 2026

'We were in a heavily nuclearised environment. China had tested for Pakistan in the 1980s and helped their missile programme stay just one step behind us.'

6 Facts About The Budget You Didn't Know

6 Facts About The Budget You Didn't Know

Rediff.com31 Jan 2026

With the Union Budget 2026, India's 74th, fast approaching, all eyes are once again on New Delhi's North Block as Finance Minister Nirmala Sitharaman is preparing to table it on February 1, 2026, marking her ninth Budget presentation in a row.

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

NITI CEO bats for trading ties with China, neighbours

NITI CEO bats for trading ties with China, neighbours

Rediff.com7 Oct 2025

India should have strong trading arrangements with its neighbours including China, which is a USD 18 trillion economy that cannot be avoided, NITI Aayog CEO BVR Subrahmanyam has said.

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.

Why India-US Trade Deal Is Delayed

Why India-US Trade Deal Is Delayed

Rediff.com14 Jan 2026

A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.

Iran Rewrites Rules of War

Iran Rewrites Rules of War

Rediff.com17 Mar 2026

Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

India Diversifies Petroleum Exports To New Markets

India Diversifies Petroleum Exports To New Markets

Rediff.com17 Nov 2025

India offset the decline in exports to traditional destinations by sharply ramping up shipments to Jordan (18,086 per cent), Hong Kong (17,006 per cent), Spain (13,436 per cent), the Philippines (2,235 per cent), and Namibia (1,068 per cent) in H1FY26.

No Deadline for US Trade Deal: Goyal

No Deadline for US Trade Deal: Goyal

Rediff.com12 Dec 2025

'I don't think we should ever negotiate with deadlines or hard stops because we tend to make mistakes then.'