News for 'Iran Crisis'

Syrian Prez Assad flees as rebels enter Damascus

Syrian Prez Assad flees as rebels enter Damascus

Rediff.com8 Dec 2024

The head of Syria's main opposition group abroad Hadi al-Bahra Syrian said that Damascus is now "without Bashar al-Assad" according to Reuters.

Players, staff 'apologise' for US soccer altering Iran flag

Players, staff 'apologise' for US soccer altering Iran flag

Rediff.com28 Nov 2022

'Of course, our thoughts are with the Iran people, the players and the whole country, but our focus is on this match.'

FPIs take out Rs 58,711 cr from equities so far in Oct

FPIs take out Rs 58,711 cr from equities so far in Oct

Rediff.com13 Oct 2024

Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities, after withdrawing Rs 34,252 crore in April-May.

'Trump will pick up from where he left off with India'

'Trump will pick up from where he left off with India'

Rediff.com15 Nov 2024

Lisa Curtis, who served as deputy assistant to President Trump and as National Security Council senior director for South and Central Asia from 2017 to 2021, said she expected the same bumps for India and the US, as in Trump's first term, including tariff, dependence on Russia over arms supply and oil purchase from Iran. Curtis, however, said both countries could never enter an alliance but develop a partnership that is "short of an alliance". She hoped them to achieve a cooperation that deters China, but also prepares both countries in case of a crisis or conflict, be it in the Taiwan Strait, the South China Sea, or another flare-up on the India-China border.

FIFA WC: How distractions took a toll on Iran's campaign

FIFA WC: How distractions took a toll on Iran's campaign

Rediff.com1 Dec 2022

Iran's World Cup campaign was all but finished even before it started.

Mahatma Carter

Mahatma Carter

Rediff.com9 Jan 2025

Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.

7th top Hezbollah leader killed as Israel bombs Beirut, strikes Houthis too

7th top Hezbollah leader killed as Israel bombs Beirut, strikes Houthis too

Rediff.com30 Sep 2024

A day after killing of Hezbollah chief Hassan Nasrallah in an airstrike in Beirut, Israel conducted widespread strikes in Lebanon on Sunday, killing over 100 people. The Israeli Air Force (IAF) also launched airstrikes on military targets in Yemen, specifically targeting Houthi-controlled sites, including power plants and a seaport.

Iran coach Queiroz says mission is to entertain for 90 mins

Iran coach Queiroz says mission is to entertain for 90 mins

Rediff.com29 Nov 2022

Queiroz said there was a time and place to use football to make an impact in the world and received applause from journalists when he spoke of "magic moments" from a simple gesture like giving footballs to impoverished children in Africa.

Fog, cold weather hinder search for Raisi's chopper crash site

Fog, cold weather hinder search for Raisi's chopper crash site

Rediff.com20 May 2024

Hours after an Iranian military commander claimed to have located the crash site of the helicopter carrying Iranian President Ebrahim Raisi, conflicting reports emerged as the head of Iran's Red Crescent Society, Pir Hossein Koulivand, said that rescue teams are still searching the area for the accident site.

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Rediff.com7 May 2024

The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.

Markets wrong to hope worst of geopolitical crises over: Wood

Markets wrong to hope worst of geopolitical crises over: Wood

Rediff.com4 May 2024

Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.

Amid crisis, Iran sends 5 planes of food to Qatar

Amid crisis, Iran sends 5 planes of food to Qatar

Rediff.com11 Jun 2017

Some 90 tonnes of food items such as fruit and vegetables were sent to Doha.

India Inc feels the heat of West Asia conflict

India Inc feels the heat of West Asia conflict

Rediff.com29 Apr 2024

Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.

Modi will bail out crisis-hit Pak, extend olive branch, claims ex-RAW chief

Modi will bail out crisis-hit Pak, extend olive branch, claims ex-RAW chief

Rediff.com25 Feb 2023

Dulat, however, pointedly said engagement with Pakistan has always been "influenced by domestic politics".

What Will Israel Do Next?

What Will Israel Do Next?

Rediff.com25 Sep 2024

In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.

Chris Wood trims exposure to Indian equities by 1 point

Chris Wood trims exposure to Indian equities by 1 point

Rediff.com3 Oct 2024

Global head of equity strategy at Jefferies, Christopher Wood, has cut his exposure to Indian equities by one percentage point in the Asia-Pacific ex-Japan relative-return portfolio, and Australia and Malaysia by half a percentage point each in favour of China, which has seen a hike in exposure by two percentage points. The rally in China has been fast-forwarded by the approach of a seven-day holiday with the CSI 300 Index up 8.5 per cent on Monday, and 25.1 per cent in five trading days, he said.

What if Tehran blocks Strait of Hormuz...

What if Tehran blocks Strait of Hormuz...

Rediff.com21 Apr 2024

Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.

How will Iran's crude oil crisis hit India?

How will Iran's crude oil crisis hit India?

Rediff.com24 Feb 2012

For starters, the Iran situation is sure to have an impact on crude oil prices, as the world has little spare capacity.

Sri Lankan crisis: Indian orthodox tea gets a boost

Sri Lankan crisis: Indian orthodox tea gets a boost

Rediff.com30 Jun 2022

It's a busy season for Indian producers of orthodox tea. As Sri Lanka, the world's largest supplier of orthodox tea, struggles with its worst economic crisis, a window of opportunity has opened up in neighbouring India. Calls to Indian planters and exporters from foreign buyers of Sri Lankan orthodox tea are pouring in and the buoyant sentiment is reflecting in prices at auction centres. Orthodox tea refers to loose-leaf tea which is produced using traditional or orthodox methods such as plucking, withering, rolling, oxidation and drying.

Indian tea companies smell opportunity as Sri Lanka crisis brews

Indian tea companies smell opportunity as Sri Lanka crisis brews

Rediff.com26 Apr 2022

As the economic crisis in Sri Lanka - the world's largest exporter of orthodox tea - continues to rage across the island nation, tea producers in India look to cash in on the opportunity to seize the market. The country's largest tea growing company, McLeod Russel India, expects orders to come in from July. "A huge opportunity is coming up for everyone in India. "McLeod Russel is well placed because we have the capacity for orthodox tea," said Azam Monem, director, McLeod Russel. About 10 per cent of McLeod's production is orthodox tea.

RBI unlikely to cut interest rate in October

RBI unlikely to cut interest rate in October

Rediff.com6 Oct 2024

The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.

Russia-Ukraine crisis: India's tea exports likely to be hit

Russia-Ukraine crisis: India's tea exports likely to be hit

Rediff.com24 Feb 2022

Tea planters and exporters are "extremely worried" over the possible impact on their shipments to Russia, India's second largest buyer of tea, in the wake of the Russia-Ukraine crisis. Western sanctions and disruption of payments in dollars as well as transhipments to Russia are expected as a fall-out of Russia launching an attack on Ukraine on Thursday. "The Russian market for Indian tea is extremely important as there are payment issues for shipments to Iran, another vital tea export destination. "Around 18 per cent of India's tea shipments go to Russia," India Tea Association chairperson Nayantara Palchoudhuri told PTI.

Ukraine Crisis: What's China's Game?

Ukraine Crisis: What's China's Game?

Rediff.com3 Feb 2022

China is going to be an indispensable partner in Russia's ongoing crisis with the US, while on its part, China cannot remain indifferent if Russia gets crushed by the US, lest it loses 'strategic depth', observes Ambassador M K Bhadrakumar.

Basmati rice exports rose 22% till February FY24 on West Asia demand

Basmati rice exports rose 22% till February FY24 on West Asia demand

Rediff.com28 Apr 2024

Exports of high-quality basmati rice from India grew by 22 per cent to $5.2 billion during April 2023-February 2024, amid robust demand, primarily from West Asia. According to data compiled by the commerce department, exports of basmati rice increased to 4.68 million metric tonnes (MMT) in April-February, from 4.1 MMT during the same period a year ago, registering a growth of 14 per cent.

India Inc braces for fallout of Russia-Ukraine crisis

India Inc braces for fallout of Russia-Ukraine crisis

Rediff.com23 Feb 2022

Stocks of Indian companies with exposure to Europe fell on Tuesday amid concerns about the impact on their sales in case the Russia-Ukraine crisis worsens and the US and its allies impose economic sanctions on Russia. While top conglomerates, including Reliance Industries, the Tata group, and Aditya Birla Group, said they did not have any significant exposure to Russia, executives of some of the oil and gas, pharmaceutical, and tea companies said they were monitoring the situation closely as they earned substantial income from the region. Russian President Vladimir Putin on Monday ordered troops into two breakaway regions of eastern Ukraine after announcing that Russia would recognise their independence.

IAF plane leaves to rescue Indians from virus-hit Iran

IAF plane leaves to rescue Indians from virus-hit Iran

Rediff.com9 Mar 2020

About 2,000 Indians are living in Iran, a country that has witnessed increasing numbers of coronavirus cases in the last few days. According to latest reports, 237 people have died of the coronavirus infection in Iran while the number of positive cases stands at around 7,000.

Is The World Spinning Out Of Control?

Is The World Spinning Out Of Control?

Rediff.com30 May 2024

The current instability in the world is a result of long term systemic and socio-politico problems, points out Colonel Anil A Athale (retd).

World One Step Away From Disaster

World One Step Away From Disaster

Rediff.com3 Feb 2024

A step away from nuclear weapons being used in conflicts, warns Colonel Anil A Athale (retd).

Is India keen to revive ties with Taliban-controlled Afghanistan?

Is India keen to revive ties with Taliban-controlled Afghanistan?

Rediff.com8 Mar 2024

Singh, the joint secretary heading the division for Pakistan, Afghanistan and Iran in the ministry of external affairs, held talks with Taliban's foreign minister Amir Khan Muttaqi on Thursday.

I Didn't Expect Kamala Harris To Be The Nominee So Easily

I Didn't Expect Kamala Harris To Be The Nominee So Easily

Rediff.com22 Jul 2024

'She's been a terrific advocate for women's rights in recent months and her prosecutor's background will really help her challenge Trump in a forceful way that Biden could not,' notes Sree Sreenivasan.

US begins talks with Iran as crisis in Iraq worsens

US begins talks with Iran as crisis in Iraq worsens

Rediff.com18 Jun 2014

The United States has discussed with Iran the need to refrain from pressing a "sectarian agenda" in Iraq as the two rivals met on the sidelines of talks on Tehran's nuclear programme in Vienna.

Biden likely to urge Xi to stop wars in Gaza, Ukraine

Biden likely to urge Xi to stop wars in Gaza, Ukraine

Rediff.com15 Nov 2023

As United States President Joe Biden prepares for a rare summit with Chinese President Xi Jinping, the ongoing wars in Ukraine and between Israel and Hamas set the stage for high-stakes discussions, CNN reported on Tuesday.

Exports up 1%; trade deficit widens to 4-month high

Exports up 1%; trade deficit widens to 4-month high

Rediff.com15 May 2024

India's merchandise exports in April 2024 marginally rose to $34.99 billion from $34.62 billion in the year-ago month, according to government data released on Wednesday. Imports too increased to $54.09 billion from $49.06 billion in April 2023.

How an Iran-US war could affect Pakistan

How an Iran-US war could affect Pakistan

Rediff.com6 Jan 2020

'The bigger challenge and dilemma for Pakistan would be if the US and Saudi Arabia go full throttle against Iran and enforce regime change in Tehran.' 'That would be bad news for Pakistan, especially with the current instability in Balochistan,' notes Brigadier Narender Kumar (retd).

Can Bangladesh Become A Secular Nation?

Can Bangladesh Become A Secular Nation?

Rediff.com16 Aug 2024

Pakistan wanted to be constitutionally communal, India wanted to be secular but is communalising itself. All three nations share a penal code, but they have amended their laws to enable the State to specifically target minorities, points out Aakar Patel.

Pak terror havens : Iran's had enough!

Pak terror havens : Iran's had enough!

Rediff.com27 Jul 2017

In the Middle East, which is already coping with the Qatar-Saudi Arabia tensions, comes another pressure point.

'A country that knows terrorism': Israeli envoy on support by India

'A country that knows terrorism': Israeli envoy on support by India

Rediff.com9 Oct 2023

Israeli ambassador Naor Gilon said his country will need the very strong support of "our Indian friends" and that "India is a very influential country in the world, as a country that knows terrorism and understands the crisis."

Qatar-Saudi standoff: Iran plays its cards

Qatar-Saudi standoff: Iran plays its cards

Rediff.com12 Jun 2017

Iran signed a $3 billion deal with Boeing, backed Qatar against the Saudis, scored a big victory in Syria and reached out to Hamas. Ambassador M K Bhadrakumar examines how the Qatar versus Saudi Arabia standoff is quickly changing alignments in the Middle East.

Iran stops selling oil to India

Iran stops selling oil to India

Rediff.com31 Dec 2010

While sources in Iran confirmed the dispute, officials of the central banks of both countries are set to meet on Friday.

How India must leverage its opportunities in Iran

How India must leverage its opportunities in Iran

Rediff.com28 Aug 2012

India has a great opportunity to act as go between Iran and the rest of the world, says Colonel (retd) Anil Athale.