News for 'Global Agency'

Mangaluru blast accused 'inspired' by global terrorist outfit

Mangaluru blast accused 'inspired' by global terrorist outfit

Rediff.com21 Nov 2022

Police found materials that go into making bomb from the rented house in Mysuru of Mangaluru autorickshaw blast accused Mohammed Shariq, who was 'influenced and inspired' by a global terrorist organisation, a senior police officer said on Monday.

India, China likely to drive half of 2023 global growth, says IMF

India, China likely to drive half of 2023 global growth, says IMF

Rediff.com31 Jan 2023

The International Monetary Fund (IMF) has said India and China will account for half of the global economic growth in 2023, as the multilateral agency retained its growth forecast for Asia's third-largest economy for 2023-24 (FY24). "India remains a bright spot. Together with China, it will account for half of global growth this year, versus just a tenth for the US and euro area combined," the IMF said in its latest update to the biannual World Economic Outlook. Growth in India is set to decline from 6.8 per cent in 2022 (FY23) to 6.1 per cent in 2023 (FY24) before picking up to 6.8 per cent in 2024 (FY25), the global lender said while citing "resilient domestic demand despite external headwinds".

Ducati Racetrack in Noida Soon?

Ducati Racetrack in Noida Soon?

Rediff.com24 Aug 2024

Ducati would like to develop a motorbike racetrack on the lines of the Buddh International Circuit.

Ayushman Bharat's 70+ coverage: Minimal impact expected on health insurers

Ayushman Bharat's 70+ coverage: Minimal impact expected on health insurers

Rediff.com14 Sep 2024

Industry experts believe that health insurance companies are unlikely to experience business cannibalisation due to the central government's decision to extend health coverage to people aged 70 and above, regardless of their income level, under the Ayushman Bharat scheme. On Wednesday, the Union Cabinet expanded the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to include all senior citizens aged 70 and older. This move is expected to benefit nearly 45 million families, comprising 60 million senior citizens, by providing Rs 5 lakh in free health insurance coverage per family.

Time For India To Revisit Western Alliances

Time For India To Revisit Western Alliances

Rediff.com4 Nov 2024

It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.

Indian sports hit by massive doping scandal

Indian sports hit by massive doping scandal

Rediff.com18 Sep 2024

A chunk of athletes, including Asian Games medallist Kiran and badminton player Krishna Prasad Garaga have been suspended by NADA

Should You Invest In ESG Schemes?

Should You Invest In ESG Schemes?

Rediff.com21 Oct 2024

'A 20 per cent equity allocation to ESG funds is a good start.' 'As more evidence on ESG performance builds, investors may increase allocations.'

FinMin to pitch for ratings upgrade with S&P, other agencies

FinMin to pitch for ratings upgrade with S&P, other agencies

Rediff.com27 Jul 2014

The official said the finance ministry will impress upon rating agencies the resolve of the government to contain fiscal deficit at 4.1 per cent this year and lower it to 3 per cent by 2016-17.

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.

Moody's raises India's 2024 growth forecast to 6.8%

Moody's raises India's 2024 growth forecast to 6.8%

Rediff.com4 Mar 2024

Global rating agency Moody's on Monday raised India's growth forecast for 2024 calendar year to 6.8 per cent, from 6.1 per cent estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. India's real GDP expanded 8.4 per cent year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7 per cent growth for full-year 2023. Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023, Moody's Investors Service said.

'India In 1947 Was Like A Ticking Time Bomb'

'India In 1947 Was Like A Ticking Time Bomb'

Rediff.com20 Nov 2024

'When you watch Freedom At Midnight, I want you to feel like you are sitting on a ticking time bomb.'

'India-China Ties Will Be Deeply Strained'

'India-China Ties Will Be Deeply Strained'

Rediff.com22 Oct 2024

'Tensions and dialogue are likely to go hand-in-hand with China.' 'The goal should be to cultivate power so that one can negotiate from a position of strength.'

India needs to end reliance on China for critical minerals: Survey

India needs to end reliance on China for critical minerals: Survey

Rediff.com22 Jul 2024

India needs to recognise and address challenges posed by its dependence on China for critical minerals and examine the implications of phasing down coal on bank balance sheets as it accelerates its green transition, the government's Economic Survey 2023-24 tabled in Parliament on Monday said. As part of its national plan to contribute to meeting the global goal of limiting the average temperature rise to 1.5 degrees Celsius, India has committed to reducing emissions by 45 per cent below 2005 levels by 2030, achieving 50 per cent cumulative electric installed capacity from non-fossil fuel-based energy resources, and creating a carbon sink of 2.5 to 3 gigatons of CO2 equivalent through additional forest and tree cover.

4 offshore crypto exchanges join queue for nod to restart India ops

4 offshore crypto exchanges join queue for nod to restart India ops

Rediff.com21 Jun 2024

The Financial Intelligence Unit-India (FIU-India), the national agency responsible for analysing suspicious financial transactions, has received requests from four more offshore crypto exchanges to operate in India again, said a senior government official familiar with the matter. In the beginning of 2024, India had banned nine crypto exchanges - Binance, Kucoin, Huobi, Kraken, Gate.io, Bitstamp, MEXC Global, Bittrex, and Bitfenix - for non-compliance with anti-laundering law in the country.

GDP to grow nearly 7% in FY24: Economists

GDP to grow nearly 7% in FY24: Economists

Rediff.com12 Jan 2024

The economy may grow by around 7 per cent this financial year as estimated by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), say economists with various organisations. The first advance estimates for 2023-24 will be released on Friday by the National Statistical Organisation (NSO), an exercise done for calculating ratios such as the fiscal deficit. The interim Budget will be presented on February 1.

'Baloch Believe Pakistan Will Break Up'

'Baloch Believe Pakistan Will Break Up'

Rediff.com9 Sep 2024

'The struggle of insurgents and pro-independence political activists is fuelled by a deep conviction that not only is a free Balochistan possible, but they also believe that Pakistan will inevitably break apart, leading to Balochistan's independence.'

''Every businessman fears enforcement agencies'

''Every businessman fears enforcement agencies'

Rediff.com17 Sep 2019

'Everybody fears them and rightly so. Who in his right senses wouldn't fear these agencies?' 'They can take away everything in seconds with near zero recourse to law.'

No topic off-limits for Modi, Putin when they meet soon: Kremlin

No topic off-limits for Modi, Putin when they meet soon: Kremlin

Rediff.com3 Jul 2024

Putin and Modi will discuss regional and global security, trade and all other topics on the agenda during their meeting, Peskov was quoted as saying by Russia's state-owned TASS news agency.

2023 warmest year on record by a huge margin

2023 warmest year on record by a huge margin

Rediff.com13 Jan 2024

The World Meteorological Organisation (WMO) has officially confirmed that 2023 is the hottest year on record by a huge margin, smashing global temperature records.

Russian anti-doping agency suspended for non-compliance

Russian anti-doping agency suspended for non-compliance

Rediff.com19 Nov 2015

Israel, Andorra, Argentina, Bolivia and Ukraine were also found non-compliant of the WADA Code and can no longer conduct anti-doping programs

Money Courses To Help Earn Up To Rs 2 Cr

Money Courses To Help Earn Up To Rs 2 Cr

Rediff.com13 Sep 2024

Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.

Pak-bound ship from China of banned chemicals seized at TN port

Pak-bound ship from China of banned chemicals seized at TN port

Rediff.com11 Jul 2024

Pakistan is allegedly working on an offensive chemical and biological warfare program with the help of its 'all-weather friend' China.

Ready to 'properly handle' border situation, Chinese FM tells Doval

Ready to 'properly handle' border situation, Chinese FM tells Doval

Rediff.com10 Jul 2024

Chinese Foreign Minister Wang Yi has expressed readiness to join hands with India's National Security Advisor Ajit Doval to "properly handle" issues related to the situation on the ground in the border areas, amid the protracted border row in eastern Ladakh.

Recalled envoy speaks out: Canada backstabbed India

Recalled envoy speaks out: Canada backstabbed India

Rediff.com24 Oct 2024

Calling Canada's behaviour 'the pits', India's recalled high commissioner Sanjay Verma says India was backstabbed and treated in a most unprofessional manner by a country that is supposed to be a friendly democracy.

Hand over Sheikh Hasina to B'desh to face trial: BNP to India

Hand over Sheikh Hasina to B'desh to face trial: BNP to India

Rediff.com20 Aug 2024

Talking to reporters after placing a wreath at the grave of former president and BNP founder Zia-ur Rahman in the city, Fakhrul said India is seemingly not keeping its commitment towards democracy by providing shelter to her.

Paralympians Soar, But Await India Inc's Leap Of Faith

Paralympians Soar, But Await India Inc's Leap Of Faith

Rediff.com10 Sep 2024

'Historically, there hasn't been much representation around para-athletes from a brand perspective.' 'With their best medal tally in Paris, it has triggered considerable organic interest.'

Quad statement includes subtle warning to China over Indo-Pacific

Quad statement includes subtle warning to China over Indo-Pacific

Rediff.com22 Sep 2024

'We condemn recent illicit missile launches in the region that violate UN Security Council resolutions. We express serious concern over recent dangerous and aggressive actions in the maritime domain. We seek a region where no country dominates and no country is dominated one where all countries are free from coercion, and can exercise their agency to determine their futures,' the declaration said.

Maiden critical minerals auction: A modest showing

Maiden critical minerals auction: A modest showing

Rediff.com30 Sep 2024

In June last year, India unveiled its first list of 29 critical minerals open for private sector exploration and mining. Since then, 38 critical mineral blocks have been auctioned, but only 14 - less than 37 per cent - have found bidders. This modest achievement was secured only after the Centre conducted a second round of auctions when the first round fell flat, failing to attract the minimum required bidders.

Olympic hopeful DP Manu faces doping suspension

Olympic hopeful DP Manu faces doping suspension

Rediff.com28 Jun 2024

Indian javelin thrower DP Manu, a rising star with his sights set on the Paris Olympics, has been provisionally suspended by the National Anti-Doping Agency (NADA) after a failed doping test.

India to award leases to top up strategic oil reserves amid Gulf tensions

India to award leases to top up strategic oil reserves amid Gulf tensions

Rediff.com17 Oct 2024

State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India's strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil storage space (7.3 million barrels) at two of the country's three existing Strategic Petroleum Reserves (SPRs), around a fifth of the total SPR capacity. This will enable the refilling of crude caverns even as escalating hostilities in the Gulf threaten disruptions in crude supplies, two industry sources said.

Nirmalaji May Stick To Fiscal Deficit Target

Nirmalaji May Stick To Fiscal Deficit Target

Rediff.com26 Jun 2024

'Any finality in such matters requires political views. We will review it closer to the full Budget.'

'Rating agencies are like Bollywood'

'Rating agencies are like Bollywood'

Rediff.com11 Feb 2021

'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.

RAW official behind Pannun murder plot? Here is what media report says

RAW official behind Pannun murder plot? Here is what media report says

Rediff.com29 Apr 2024

Quoting officials, The Washington Post said, the foiled assassination was part of an escalating campaign of aggression by RAW against the Indian diaspora in Asia, Europe and North America.

Can ChatGPT Cause A Global Catastrophe?

Can ChatGPT Cause A Global Catastrophe?

Rediff.com3 Feb 2023

Suppose NLP is weaponised to influence policymakers to go the wrong way on climate change, or launch military attacks on neighbouring countries, warns Devangshu Datta.

220 cr in India, Pak to face deadly heat if...: Study

220 cr in India, Pak to face deadly heat if...: Study

Rediff.com10 Oct 2023

Heatwaves with higher humidity levels can be more perilous because the air cannot efficiently absorb excess moisture. This limitation restricts the human body's ability to evaporate sweat and affects the moisture content of certain infrastructure like evaporative coolers.

Doordarshan to telecast T20 World Cup

Doordarshan to telecast T20 World Cup

Rediff.com3 Jun 2024

Prasar Bharati on Monday announced that it will telecast the ongoing T20 World Cup, the Paris Olympics and Wimbledon on its DD Sports channel.

'Global Slowdown Would Be Positive For India'

'Global Slowdown Would Be Positive For India'

Rediff.com6 Oct 2022

'If you look at the order books of capital equipment companies or money deployed on the ground, there is forward movement in terms of actual investment by the private sector.'

Fissures in Mahayuti? Ajit Pawar shares stage with ex-minister Nawab Malik

Fissures in Mahayuti? Ajit Pawar shares stage with ex-minister Nawab Malik

Rediff.com20 Aug 2024

Malik used to criticise the BJP-led Central government and the then opposition leader in Maharashtra, Devendra Fadnavis, when he was a cabinet minister in the erstwhile MVA government led by Uddhav Thackeray.

What Can India Expect If Modi Returns?

What Can India Expect If Modi Returns?

Rediff.com3 Jun 2024

'The Opposition will continue to be attacked through misuse of agencies, civil society will be force-marched towards extinction and India's plummeting on global indices will continue.' 'Minorities and especially Muslims will continue to have open season declared on them. Institutions will continue their decline,' predicts Aakar Patel.

Private banks' bottom line remains healthy in Q1, bad loans inch up

Private banks' bottom line remains healthy in Q1, bad loans inch up

Rediff.com7 Aug 2024

Private banks' net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income. The gross non-performing assets (GNPAs) increased with the end of dispensation granted during the pandemic, according to the data compiled by BS Research Bureau for listed 18 private banks.