News for 'European Union'

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.

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.

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.

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.

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.

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.

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.

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.

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.

'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.'

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.

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.

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.

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

'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.'

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.

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.

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.

No rethinking on support for Chinese for investments in India: Piyush Goyal

No rethinking on support for Chinese for investments in India: Piyush Goyal

Rediff.com31 Jul 2024

India is not "rethinking" supporting investments from China, said Commerce and Industry Minister Piyush Goyal on Tuesday, referring to a proposal made in the Economic Survey 2024. The survey by India's chief economic advisor last week said India had two "choices" to benefit from the so-called China plus one strategy, either by integrating into that country's supply chain or by promoting foreign direct investment (FDI). "Chief economic advisor's report speaks about new ideas and gives out their own thinking. It is not at all binding on the government and there is no rethinking to support Chinese investments in the country," Goyal told reporters in Delhi.

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.

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.

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.

European agency tracks Chandrayaan-3 lander module from 3 stations

European agency tracks Chandrayaan-3 lander module from 3 stations

Rediff.com23 Aug 2023

Besides the scientists at the Indian Space Research Organisation, officials at the European Space Agency are also involved in tracking the lander module of the Chandrayaan-3 mission which is minutes away from making a soft landing on the surface of the moon, a senior scientist said on Wednesday.

Alexei Navalny's Widow Accuses Putin Of Murder

Alexei Navalny's Widow Accuses Putin Of Murder

Rediff.com20 Feb 2024

Yulia Navalnaya, the widow of Russian Opposition leader Alexei Navalny, who died mysteriously in prison on Friday, February 16. 2024, has accused President Vladimir Putin of killing her husband and pledged to continue his struggle for a 'free Russia'.

USTR Report Intensifies Trade Tensions With India

USTR Report Intensifies Trade Tensions With India

Rediff.com2 Apr 2025

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.

Sensex jumps 1,397 pts as Trump delays tariffs

Sensex jumps 1,397 pts as Trump delays tariffs

Rediff.com4 Feb 2025

From the 30-share blue-chip pack, Larsen & Toubro rallied nearly 5 per cent. Adani Ports, IndusInd Bank, Tata Motors, Reliance Industries, UltraTech Cement and Asian Paints were also among the major gainers. ITC Hotels, Zomato, Nestle and Maruti were among the laggards.

PM's European tour agenda: Terror, ties and talks

PM's European tour agenda: Terror, ties and talks

Rediff.com9 Dec 2010

In a pre-departure statement before leaving for Brussels to attend the 11th annual India-European Union summit, Dr Singh said India's partnership with the 27-nation bloc has evolved from economic and development cooperation to a broader strategic engagement. The one-day summit will be held on Friday.

'We Are Not The Obstacle To Peace'

'We Are Not The Obstacle To Peace'

Rediff.com19 Mar 2025

'We will never recognise any part of territories occupied by the Russians.'

Hindi or Tamil: Why TN sees red over 3-language formula

Hindi or Tamil: Why TN sees red over 3-language formula

Rediff.com12 Mar 2025

The three-language formula proposed in the National Education Policy 2020, is at the centre of the political row between the Dravida Munnetra Kazhagam-led Tamil Nadu government and the central government.

Countdown Begins For ISRO's 100th Launch

Countdown Begins For ISRO's 100th Launch

Rediff.com28 Jan 2025

At 6.23 am on 29.1.2025, the 50.9 metre tall and weighing 420.7 ton Geosynchronous Satellite Launch Vehicle-F15 (GSLV-F15) is slated to blast off from the second launch pad carrying the 2,250 kg NVS-02 navigation satellite.

Three CEOs to lead Reliance-Disney media behemoth

Three CEOs to lead Reliance-Disney media behemoth

Rediff.com15 Nov 2024

Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.

Belgian ex-PM backs India's permanent UNSC seat, urges UN reform

Belgian ex-PM backs India's permanent UNSC seat, urges UN reform

Rediff.com14 Jan 2024

Leterme contended that there is a need for the United Nations Security Council to adapt to the realities of the 21st century as it requires representation that goes beyond the structures established in the 20th century.

Italian PM Giorgia Meloni greets leaders with 'namaste' at G7 Summit

Italian PM Giorgia Meloni greets leaders with 'namaste' at G7 Summit

Rediff.com14 Jun 2024

Meanwhile, Prime Minister Narendra Modi arrived in Apulia to attend the Outreach session of the G7 Summit and hold bilateral talks on a wide range of issues with world leaders on Friday.

Turkey's Erdogan skips Kashmir in UN speech. Here's why

Turkey's Erdogan skips Kashmir in UN speech. Here's why

Rediff.com27 Sep 2024

Erdogan's skipping of the Kashmir reference is being seen as an apparent shift in Turkiye's stance and comes at a time when the country is trying to become a member of the BRICS grouping to forge alliances beyond the West.

Trump Has Become A Reset Button

Trump Has Become A Reset Button

Rediff.com11 Apr 2025

Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.

India cuts arbitration time for foreign investors in UAE pact

India cuts arbitration time for foreign investors in UAE pact

Rediff.com8 Oct 2024

India has reduced the time period for foreign investors to seek international arbitration from five years to three years as part of the recently signed investment pact with the United Arab Emirates (UAE), a departure from its model Bilateral Investment Treaty (BIT). Under the Investor-State Dispute Settlement (ISDS) mechanism, if the Indian judicial system is unable to resolve a dispute within this shortened period, investors can resort to international arbitration. The investment pact, signed on February 13 in Abu Dhabi, came into force on August 31, replacing the previous pact.

Sitharaman urges banks to make loans affordable

Sitharaman urges banks to make loans affordable

Rediff.com18 Nov 2024

Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Speaking at an event organised by State Bank of India, the finance minister said that at present, India requires industry to ramp up and invest in new facilities, and added that lowering lending rates can help achieve the "Viksit Bharat" aspiration.