News for 'European Union'

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com4 Apr 2025

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

After The Oval Office Fracas, What Next For Ukraine?

After The Oval Office Fracas, What Next For Ukraine?

Rediff.com3 Mar 2025

Trump knows by now that the western narrative of Biden's war is a load of bullshit peppered with falsehoods and outright lies, and that the war erupted only out of the diabolic western plot to poke the bear, which got provoked finally and hit out, explains Ambassador M K Bhadrakumar.

India imports euro 49 bn worth of Russian oil in 3rd year of Ukraine invasion

India imports euro 49 bn worth of Russian oil in 3rd year of Ukraine invasion

Rediff.com25 Feb 2025

India, the world's third largest oil consuming and importing nation, bought crude oil worth 49 billion euros from Russia in the third year of Moscow's invasion of Ukraine, a global think tank said. India, which has traditionally sourced its oil from the Middle East, began importing a large volume of oil from Russia soon after the invasion of Ukraine in February 2022.

History in Minutes: When Nehru's Kerchief Became Sudan's Flag

History in Minutes: When Nehru's Kerchief Became Sudan's Flag

Rediff.com27 May 2025

On Jawaharlal Nehru's 61st death anniversary, Utkarsh Mishra recalls how India's first prime minister cultivated a unique role for the newly independent country on the world stage.

Why Govt Is In No Hurry On Digital Competition Bill

Why Govt Is In No Hurry On Digital Competition Bill

Rediff.com17 Mar 2025

'Indian players in the digital market should not be dominated by global players, and they should not dominate the smaller players -- these discussions are on.'

Advantage India textile industry after Trump tariffs

Advantage India textile industry after Trump tariffs

Rediff.com4 Apr 2025

According to an industry expert, companies such as Trident, Welspun India, Arvind, KPR Mill, Vardhman Textiles, Page Industries, Raymond, and Alok Industries stand to gain, as revenue from the US market accounts for 20-60 per cent of their earnings.

India could double US energy purchases this year to offset tariff threat

India could double US energy purchases this year to offset tariff threat

Rediff.com24 Apr 2025

India's purchase of US crude oil has picked up in 2025 and could easily double their previous levels, government officials said on Wednesday. The surge comes in the wake of the then-incoming Donald Trump administration's announcement that it would consider hiking tariffs on a reciprocal basis, and pushed some countries, especially those with large trade surpluses with the US, to buy more of its energy.

Why So Much Hatred For English?

Why So Much Hatred For English?

Rediff.com21 Jul 2025

There is no guarantee that if we speak in only Indian languages, all our faults will be washed away and India will shine. Why then do they bully and belittle the English-speaking? asks Shyam G Menon.

FIFA's transfer market in legal jeopardy, Billions at stake

FIFA's transfer market in legal jeopardy, Billions at stake

Rediff.com3 Oct 2024

Soccer's player transfer system will be in the spotlight and could even be on the brink of collapse on Friday when the Court of Justice of the European Union (CJEU) announces its ruling on former France player Lassana Diarra's case against FIFA.

Why Do We Believe Israel, And Not Iran?

Why Do We Believe Israel, And Not Iran?

Rediff.com20 Jun 2025

At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.

President Murmu attends Pope Francis' funeral mass

President Murmu attends Pope Francis' funeral mass

Rediff.com26 Apr 2025

President Droupadi Murmu attended the funeral Mass of Pope Francis at St Peter's Square in Vatican City on Saturday. She was part of an official Indian delegation led by the President and also paid homage to Pope Francis at the Basilica of St Peter. India had declared a three-day state mourning on the passing of Pope Francis, who died on Monday at the age of 88.

Full List of Countries Hit With Trump's 'Reciprocal' Tariffs

Full List of Countries Hit With Trump's 'Reciprocal' Tariffs

Rediff.com3 Apr 2025

Here is the complete list of tariffs imposed by US President Donald Trump on Wednesday.

How India's agri sector can tackle US tariffs

How India's agri sector can tackle US tariffs

Rediff.com10 Apr 2025

India's policy for agriculture trade must move commodity-by-commodity to gain maximum benefits as US President Donald Trump's 26 per cent tariff on exports from the country take effect, said agriculture economist Ashok Gulati in a recent policy paper.

African Union becomes permanent member of G20

African Union becomes permanent member of G20

Rediff.com9 Sep 2023

The African Union on Saturday joined the G20 after all member countries accepted Prime Minister Narendra Modi's proposal to bring the key bloc of the Global South to the high table of the world's top economies, a major diplomatic achievement of India's presidency.

Barca player gets two-match ban for inappropriate touch

Barca player gets two-match ban for inappropriate touch

Rediff.com16 Apr 2025

'At no time did I, nor was it my intention, infringe upon the intimacy of my fellow professional Daniela Caracas.'

History In Minutes: When Europe Invaded Russia

History In Minutes: When Europe Invaded Russia

Rediff.com4 Mar 2025

Syed Firdaus Ashraf marches through time to trace the bitter history between Russia and its West European neighbours.

Greenland Anger Forces US To Trim Trip

Greenland Anger Forces US To Trim Trip

Rediff.com27 Mar 2025

Confronted by outrage in Greenland, the US has scaled down a proposed visit to the island.

What impact will US tariffs have on economies, sectors and markets?

What impact will US tariffs have on economies, sectors and markets?

Rediff.com29 Mar 2025

The sweeping tariffs proposed across sectors by US President Donald Trump are scheduled to be imposed starting April 2, with most analysts worried about their impact on companies, and in turn the financial markets. Recently, the US administration signaled that it will impose sectoral tariffs on energy, pharmaceuticals, semiconductors, agriculture, copper, and lumber.

Who's a tougher negotiator? Modi or him? Trump says...

Who's a tougher negotiator? Modi or him? Trump says...

Rediff.com14 Feb 2025

Trump announced that India and the US agreed to work together to build the India-Middle East-Europe Economic Corridor (IMEC) and called it one of the greatest trade routes. He said that the route will operate from Israel to Italy and onward to the US.

The Lawyer Who Won Mahua Moitra's Heart

The Lawyer Who Won Mahua Moitra's Heart

Rediff.com6 Jun 2025

Four-time Odisha MP Pinaki Misra's wedding to firebrand TMC MP Mahua Moitra in a quiet, intimate ceremony that chose privacy and tradition over fanfare, was a reflection of his personal style.

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

'Trump uncertainty will not affect India investment'

'Trump uncertainty will not affect India investment'

Rediff.com17 Mar 2025

'There is no linkage as far as the Indian power-generating business is concerned.'

What Tech Risks Will the World Face in 2025?

What Tech Risks Will the World Face in 2025?

Rediff.com12 Feb 2025

While advancements in biotechnology hold immense promise for health and innovation, they also come with significant risks if misused.

How Will Trump's Tariff Threat Affect India?

How Will Trump's Tariff Threat Affect India?

Rediff.com19 Mar 2025

Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.

'Zero-For-Zero Tariff Is Best Medicine For India'

'Zero-For-Zero Tariff Is Best Medicine For India'

Rediff.com21 Apr 2025

'No retaliatory tariffs now. You can retaliate after a few months.' 'Today, there is no need to retaliate because it is a question of long term benefits.'

History In 2 Minutes: Russia's V-Day

History In 2 Minutes: Russia's V-Day

Rediff.com10 Apr 2025

Victory Day marks the end of World War II when the Soviet Army defeated Nazi Germany and captured Berlin.

For Tesla, India is a challenge as well as opportunity

For Tesla, India is a challenge as well as opportunity

Rediff.com19 Mar 2025

With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.

Rashid Khan's emotional plea to Taliban

Rashid Khan's emotional plea to Taliban

Rediff.com4 Dec 2024

Rashid Khan said education held a central place in Islamic teachings and that the faith emphasised the pursuit of knowledge for men and women.

Markets Choppy? Don't Worry. You Can Still Make Money

Markets Choppy? Don't Worry. You Can Still Make Money

Rediff.com30 Apr 2025

If you redeem your investments when prices have fallen sharply, you will be selling at low prices and may make a permanent loss. On the other hand, if you remain patient and remain invested, you give your investment the time to recover, says Dwaipayan Bose

Rents Hit Two Decade High!!

Rents Hit Two Decade High!!

Rediff.com17 Jan 2025

The share of rent in consumption expenditure has risen to 6.58%, according to the Household Consumption Expenditure Survey 2023-2024. This is the highest it has been in surveys going back to the turn of the millennium.

US sanctions hit Russian oil supply to India; March supplies may be hit

US sanctions hit Russian oil supply to India; March supplies may be hit

Rediff.com23 Jan 2025

The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available for March.

US Firms Back Trump's India Tariffs

US Firms Back Trump's India Tariffs

Rediff.com31 Mar 2025

Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.

India is now the biggest exporter of fuel to EU

India is now the biggest exporter of fuel to EU

Rediff.com10 Nov 2024

India's export of fuels like diesel to the European Union jumped 58 per cent in the first three quarters of 2024, with a bulk of them likely coming from refining discounted Russian oil, according to a monthly tracker report. The EU/G7 countries in December 2022 introduced a price cap and an embargo on the imports of Russian crude oil in a bid to cripple Kremlin's revenue and create a vacuum in its funding for the invasion of Ukraine.

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

Rediff.com17 Feb 2025

'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'

What Nitin Gadkari told India Inc

What Nitin Gadkari told India Inc

Rediff.com10 Mar 2025

Union minister Nitin Gadkari on Monday asked the industry not to perennially demand a reduction in taxes as the government needs funds to implement welfare schemes for the poor. Addressing an event, the road transport and highways minister said the logistics cost in India will come down to 9 per cent within two years.

Use or threat of use of nukes unacceptable: India, Germany on Ukraine war

Use or threat of use of nukes unacceptable: India, Germany on Ukraine war

Rediff.com26 Oct 2024

The leaders also noted the "negative impacts" of the war in Ukraine with regard to global food and energy security, especially for developing and least-developed countries.

Pope's bond with India: Canonisations, new Cardinal and unfulfilled visit

Pope's bond with India: Canonisations, new Cardinal and unfulfilled visit

Rediff.com21 Apr 2025

Pope Francis's connection with India was marked by a mix of hopes and challenges. His long-held wish to visit the country remained unfulfilled, but he made significant contributions to the Catholic community in India, including elevating Indian figures to sainthood and appointing an Indian priest as a Cardinal. While his efforts to resolve conflicts within the Syro-Malabar Church were unsuccessful, his legacy will be remembered for his efforts to promote unity and understanding in the Catholic Church.

Do You Know About The Battle Of Diu?

Do You Know About The Battle Of Diu?

Rediff.com3 Feb 2025

Why the Battle of Diu is as historic as the Battle of Trafalgar.

Reciprocal tariffs against India from April 2: Trump

Reciprocal tariffs against India from April 2: Trump

Rediff.com5 Mar 2025

Trump has made it clear to Prime Minister Modi that India will not be spared from Washington's reciprocal tariffs and emphasised that "nobody can argue with me" on tariff structure.

RBI Governor Shaktikanta Das is top central banker for 2nd straight year

RBI Governor Shaktikanta Das is top central banker for 2nd straight year

Rediff.com21 Aug 2024

Reserve Bank of India Governor Shaktikanta Das has been ranked as the top central banker globally for the second consecutive year by US-based Global Finance magazine. "Happy to announce that for the 2nd consecutive year, RBI Governor @DasShaktikanta has been rated 'A+', in the Global Finance Central Banker Report Cards 2024," the RBI said in a post on X.