News for 'Global Scenario'

Analysts see oil shooting up to $150/bbl if Iran, Israel fighting intensifies

Analysts see oil shooting up to $150/bbl if Iran, Israel fighting intensifies

Rediff.com16 Jun 2025

Brent crude oil prices can touch $150 a barrel (bbl) - up a whopping 103 per cent from the current levels - in the worst-case scenario if the Israel-Iran geopolitical tensions escalate, suggest analysts.

RBI's Rs 2.69 lakh crore bonanza for Modi govt for FY25

RBI's Rs 2.69 lakh crore bonanza for Modi govt for FY25

Rediff.com23 May 2025

The Reserve Bank on Friday announced a record Rs 2.69 lakh crore dividend to be paid to the government for the fiscal ended March this year, 27.4 per cent more than the payout in 2023-24. The Reserve Bank had transferred Rs 2.1 lakh crore dividend to the government for the fiscal 2023-24.

Preparing for 'worst-case scenario': IAF chief

Preparing for 'worst-case scenario': IAF chief

Rediff.com4 Oct 2022

"We continue to be operationally deployed and ever vigilant," he said, adding the IAF continues to monitor all Chinese activities along the LAC.

DGCA revises guidelines for flight operations in bad weather

DGCA revises guidelines for flight operations in bad weather

Rediff.com22 Jun 2025

Aviation watchdog Directorate General of Civil Aviation has revised its operational guidelines for operators during adverse weather conditions, emphasising that safety should take precedence over 'schedule adherence' and encouraged pilots to divert flights in unpredictable conditions.

Changing global economic scenario

Changing global economic scenario

Rediff.com21 Dec 2007

America used to "drive the bus" in global economic terms; now other areas of the world are getting more attention. The U.S. consumer used to be unstoppable; now the cracks are starting to show. The U.S. financial sector used to be a massive profit center; now it is more like a massive black hole.

Apple's India Plans Unfazed by US-China Tariff Truce

Apple's India Plans Unfazed by US-China Tariff Truce

Rediff.com22 May 2025

There's no change in Apple Inc's India strategy, said a top government source. 'It can only be enhanced'.

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

Adani meets Mamata, discusses investment scenario in Bengal

Adani meets Mamata, discusses investment scenario in Bengal

Rediff.com2 Dec 2021

Adani later tweeted "Delighted to meet @MamataOfficial,Hon'ble Chief Minister Mamata Banerjee. "Discussed different investment scenarios and the tremendous potential of West Bengal. "I look forward to attending the Bengal Global Business Summit (BGBS) in April 2022." Nabanna sources said the meeting continued for one-and-half hours.

'Trump Wants To Force India To Stop Importing Oil From Russia'

'Trump Wants To Force India To Stop Importing Oil From Russia'

Rediff.com4 Aug 2025

'Trump is likely being purposefully vague, hoping that this lack of clarity will pressure India, fearing the worst, to agree to scale back its imports of Russian oil.'

'Ask a Pakistani...': Army chief mocks Asim Munir's promotion

'Ask a Pakistani...': Army chief mocks Asim Munir's promotion

Rediff.com10 Aug 2025

Army Chief General Upendra Dwivedi asserted that Operation Sindoor was unlike any conventional mission and that it was akin to playing a game of chess as 'we did not know' what would be the enemy's next move.

Sensex May Hit 105,000 by Dec 2025

Sensex May Hit 105,000 by Dec 2025

Rediff.com12 Mar 2025

The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.

'India is on a strong footing, economy is resilient'

'India is on a strong footing, economy is resilient'

Rediff.com21 May 2025

'We believe that in the new world order FTAs or bilateral trade agreements (BTAs) are the way forward.' 'They are enablers for our participation in global value chains. Today, around 70 per cent of global trade is tied to these chains.'

'Investors Prefer A Staggered Approach'

'Investors Prefer A Staggered Approach'

Rediff.com20 May 2025

'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'

Moody's on how Trump's tariffs will hurt the economy

Moody's on how Trump's tariffs will hurt the economy

Rediff.com16 Apr 2025

Moody's Ratings on Wednesday said US tariffs will weaken credit conditions and raise defaults risks especially for low-rated and speculative grade corporates. It said that an unpredictable US trade policy will lead to a deterioration in global credit conditions and macroeconomic impact will slow growth with a growing possibility of recession.

India vs Pakistan called off! All about WCL controversy

India vs Pakistan called off! All about WCL controversy

Rediff.com20 Jul 2025

A veterans' cricket match involving India and Pakistan in the World Championship of Legends in London on Sunday has been cancelled after Indian players, including Shikhar Dhawan, refused to be a part of it citing the Pahalgam terror attack in April.

Trump Taunts Modi, But India, US Still Do Business

Trump Taunts Modi, But India, US Still Do Business

Rediff.com7 Aug 2025

India and the US have collaborated through the past one month on launching a powerful satellite; are commencing joint production of GE Aerospace's F414 jet engines in India; India is participating in a massive three week-long military exercise in the Western Pacific, observes Ambassador M K Bhadrakumar.

Ambani says Jio was biggest risk of his life

Ambani says Jio was biggest risk of his life

Rediff.com25 Jun 2025

Billionaire industrialist Mukesh Ambani described his 2016 return to the telecom industry with Reliance Jio as the "biggest risk" of his life, saying that even if analysts' predictions of financial failure had come true, it would still have been worth it for the role it played in transforming India digitally.

M for Metreweli? Britain's MI6 gets first female boss

M for Metreweli? Britain's MI6 gets first female boss

Rediff.com16 Jun 2025

Metreweli, 47, has been promoted from current role as Director General, or 'Q', responsible for technology and innovation in MI6 and has previously held a director-level role at MI5 - the UK's domestic security service.

Exiting Markets Now Could Cost You

Exiting Markets Now Could Cost You

Rediff.com21 Apr 2025

Investors should avoid making drastic changes to their asset allocation during a market correction.

'Canada ignored India's warning on organised crime'

'Canada ignored India's warning on organised crime'

Rediff.com27 Oct 2024

India first raised the presence of organised crime in Canada but the issue was ignored because of a permissive atmosphere for a long time, External Affairs Minister S Jaishankar said on Saturday, rejecting the targeting of its high commissioner and diplomats by the Trudeau government.

How India can become a high-income country by 2047

How India can become a high-income country by 2047

Rediff.com28 Feb 2025

India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.

Oil: India to save Rs 1.8 lakh cr on import bill

Oil: India to save Rs 1.8 lakh cr on import bill

Rediff.com7 May 2025

India, the world's third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import of crude oil and LNG if the trend of softening international energy rates continues, Icra said Wednesday. India, which meets over 85 per cent of its crude oil needs through imports, spent $242.4 billion on buying crude from overseas in the fiscal year ended March 31, 2025.

Strait of Hormuz closure: How it will impact India

Strait of Hormuz closure: How it will impact India

Rediff.com22 Jun 2025

US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.

India refuses to sign SCO document that skipped Pak terror

India refuses to sign SCO document that skipped Pak terror

Rediff.com26 Jun 2025

In his address, Singh said there should be "no double standards" in combating terrorism and urged the SCO member nations to condemn the menace with unity.

Equity markets likely to trade in positive territory on Friday

Equity markets likely to trade in positive territory on Friday

Rediff.com10 Apr 2025

Domestic benchmark equity indices may see a positive trading sentiment on Friday thanks to a spectacular rally in world markets after the US President Donald Trump announced to put tariff hikes on hold for 90 days, excluding China from the reprieve. Indian stock markets were closed on Thursday for Shri Mahavir Jayanti. Trump has declared a three-month pause on reciprocal tariffs on non-retaliating countries marking a rather unexpected U-turn after record high levies he imposed led to global stock market meltdown.

Guess which sector can actually gain from US tariff war?

Guess which sector can actually gain from US tariff war?

Rediff.com23 Apr 2025

A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.

'In a one-on-one with F-22 it will be tough for Rafale'

'In a one-on-one with F-22 it will be tough for Rafale'

Rediff.com23 Jun 2025

'We will see whether there were losses or not, and whether the war aims were achieved. When the truth comes out, some may well be surprised,' says Dassault CEO.

'India-Pakistan Conflict Would Be A Limited One'

'India-Pakistan Conflict Would Be A Limited One'

Rediff.com5 May 2025

'...without massive amounts of force.'

India looking for partners, not....: Jaishankar's veiled dig at Europe

India looking for partners, not....: Jaishankar's veiled dig at Europe

Rediff.com4 May 2025

India's External Affairs Minister S Jaishankar has called on Europe to display sensitivity and mutuality of interest for deeper ties with India, stating that New Delhi seeks partners, not "preachers." Jaishankar emphasized the importance of "Russia realism" in India's foreign policy, highlighting the natural complementarity between India and Russia as a resource provider and consumer. He criticized attempts by the West to address the Russia-Ukraine conflict without Russia's involvement, arguing it "challenged the basics of realism." Jaishankar also stressed the importance of finding common ground with the US, suggesting that focusing on mutuality of interest rather than ideological differences is key to successful engagement.

Prospects of economy expected to improve in 2025: RBI Guv

Prospects of economy expected to improve in 2025: RBI Guv

Rediff.com30 Dec 2024

Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025. "As we strive to preserve financial stability to support a higher growth path for the Indian economy, our focus remains steadfast on maintaining stability of financial institutions and, more broadly, systemic stability," Malhotra said in foreword to the Financial Stability Report.

India gets ready to face possible fallout of US tariffs

India gets ready to face possible fallout of US tariffs

Rediff.com1 Apr 2025

The commerce ministry is working on different scenarios to assess the possible fallout of reciprocal tariffs to be imposed by the US administration on April 2 on its key trading partners including India, sources said. US President Donald Trump has said that April 2 will be 'Liberation Day' as he plans to announce tariffs or import duties to bring down America's trade deficit, and promote the country's manufacturing.

'Trump's Hopes For India's Tariff Cuts Too Ambitious'

'Trump's Hopes For India's Tariff Cuts Too Ambitious'

Rediff.com2 Apr 2025

'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'

India Inc to clock 7-8% revenue growth in Q4

India Inc to clock 7-8% revenue growth in Q4

Rediff.com24 Feb 2025

Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India.

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

'Trump Has No Enemies. He Has No Friends'

'Trump Has No Enemies. He Has No Friends'

Rediff.com17 May 2025

'In the Indian government there are no illusions about the United States reliability or the possibility of having any kind of preferential treatment from Washington when it comes to trade.'

India well placed to tackle Trump's tariff volleys: Blackstone CEO

India well placed to tackle Trump's tariff volleys: Blackstone CEO

Rediff.com13 Mar 2025

India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.

Investing In ETFs: What You Must Know

Investing In ETFs: What You Must Know

Rediff.com6 Jan 2025

'One should not invest more than 5 to 10 per cent of their overall portfolio exposure in global or international funds.'

Israel-Iran: What Are Trump's Options?

Israel-Iran: What Are Trump's Options?

Rediff.com19 Jun 2025

Trump has a major decision to take in coming days -- specifically, how to rescue Israel from the attritional war that lies ahead, points out Ambassador M K Bhadrakumar.

Gold Hits 1 Lakh: Hold, Buy or Sell?

Gold Hits 1 Lakh: Hold, Buy or Sell?

Rediff.com6 May 2025

'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'

India The Diplomatic Ambassador In Global Crises

India The Diplomatic Ambassador In Global Crises

Rediff.com16 Sep 2024

Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.