News for 'Latin America'

Russia, China condemn US action in Venezuela

Russia, China condemn US action in Venezuela

Rediff.com3 Jan 2026

Russia and China on Saturday condemned the United States airstrikes on Venezuela and the capture of its president, Nicolas Maduro and his wife.

Interpol Warns of Soaring Financial Fraud Fueled by AI

Interpol Warns of Soaring Financial Fraud Fueled by AI

Rediff.com16 Mar 2026

Interpol's latest report reveals a significant surge in global financial fraud, driven by the increasing use of artificial intelligence by scamsters, resulting in losses of over USD 442 billion in 2025.

Why Tim Cook Is 'Over The Moon Excited' About India

Why Tim Cook Is 'Over The Moon Excited' About India

Rediff.com1 May 2026

Apple CEO Tim Cook expresses strong optimism about the Indian market, citing its potential for growth and the company's recent successes in the region.

Cuban envoy seeks India's help against US 'madness'

Cuban envoy seeks India's help against US 'madness'

Rediff.com6 Jan 2026

Cuban Ambassador to India Juan Carlos Marsan Aguilera strongly condemned the US military operation in Venezuela, calling it a 'criminal act' and a 'terrorist act'. He emphasized the need for global unity to counter US unilateral actions and highlighted India's pivotal role in the evolving geopolitical landscape.

FIFA World Cup PIX: Thousands of Colombia Fans Paint Mexico Yellow

FIFA World Cup PIX: Thousands of Colombia Fans Paint Mexico Yellow

Rediff.com18 Jun 2026

Thousands of Colombian football fans transformed Mexico City into a vibrant yellow sea, celebrating their national team's 3-1 victory over Uzbekistan in their World Cup opener. The city's streets and restaurants buzzed with supporters enjoying Colombian food, music, and a strong cultural connection, making the Estadio Azteca feel like a home venue for the victorious team.

Left parties: US attack on Venezuela 'act of international terrorism'

Left parties: US attack on Venezuela 'act of international terrorism'

Rediff.com3 Jan 2026

Left parties on Saturday denounced the United States for attacking Venezuela and capturing its President Nicholas Maduro, with Communist Party of India-Marxist general secretary M A Baby terming the nighttime military action an 'act of international terrorism by US-led imperialism'.

Highs & lows of Prez Patil's Latin America trip

Highs & lows of Prez Patil's Latin America trip

Rediff.com24 Apr 2008

With an eye on increasing south-south cooperation, President Pratibha Patil ended her maiden visit to Latin American countries during which nine agreements were signed with Chile, Brazil and Mexico and a special emphasis was laid on increasing the connectivity. The visit of 73-year-old Patil was also used to muster support for India's candidature for the permanent membership to the United Nations Security Council.

Lupin buys Mexico's Laboratorios Grin; forays into Latin America

Lupin buys Mexico's Laboratorios Grin; forays into Latin America

Rediff.com27 Mar 2014

The company said it has acquired 100 per cent equity stake in Laboratorios Grin, Mexico.

TCS to hire more in China, Latin America

TCS to hire more in China, Latin America

Rediff.com13 Dec 2004

India's largest IT company Tata Consultancy Services will consider acquisitions in Europe and plans to increase headcount at its Latin American and Chinese operations to 1,000.

2 more Indian-flagged LPG tankers set to cross Strait of Hormuz

2 more Indian-flagged LPG tankers set to cross Strait of Hormuz

Rediff.com23 Mar 2026

Two more Indian-flagged LPG tankers have begun their journey from the Persian Gulf, navigating the Strait of Hormuz amidst regional conflict, following disruptions caused by recent tensions in the Middle East.

India to cut direct Russian crude imports from December

India to cut direct Russian crude imports from December

Rediff.com5 Nov 2025

India is set to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21.

Bajaj Auto gears up for festival season with new Pulsar models

Bajaj Auto gears up for festival season with new Pulsar models

Rediff.com8 May 2026

Bajaj Auto is set to launch new Pulsar motorcycles in the 125cc and 150-250cc segments in Q2 FY27, aiming to capitalise on the upcoming festival season surge. This move follows strong growth in the 150cc-plus segment, where refreshed Pulsar models already account for over 50 per cent of Bajaj's sales.

Messi Event Chaos: Organiser Blames Political Interference

Messi Event Chaos: Organiser Blames Political Interference

Rediff.com11 May 2026

Sports event organiser Satadru Dutta alleges that political interference, security failures, and administrative lapses led to the chaotic Lionel Messi event at Salt Lake stadium in Kolkata last December, claiming he was made a scapegoat.

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Rediff.com25 May 2026

India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.

'Trump sent warships, authorised CIA to take out Maduro'

'Trump sent warships, authorised CIA to take out Maduro'

Rediff.com5 Jan 2026

Former Indian envoys to Venezuela R Viswanathan and Yashvardhan Kumar Sinha said the action was anticipated and even 'unsurprising' in nature, claiming that the US has always worked against Maduro's regime.

Biocon eyes global insulin leadership as rivals pivot to GLP-1 therapies

Biocon eyes global insulin leadership as rivals pivot to GLP-1 therapies

Rediff.com8 Apr 2026

Biocon aims to become the world's leading insulin company, capitalising on larger pharmaceutical rivals' strategic shift towards newer, high-margin GLP-1 diabetes therapies. The company plans to expand its insulin presence across 80 markets, focusing on value maximisation and addressing the indispensable need for insulin, particularly for Type-1 and late-stage Type-2 diabetics.

Automobile exports from India rise 24% in 2025

Automobile exports from India rise 24% in 2025

Rediff.com18 Jan 2026

Automobile exports from India rose 24 per cent in 2025 driven by robust demand for cars, two wheelers and commercial vehicles in the overseas markets, as per the latest SIAM data. Overall exports last year raced to 63,25,211 units as against 50,98,474 units in the 2024 calendar year, up 24.1 per cent.

Apple clinches all-time revenue record in India during September quarter

Apple clinches all-time revenue record in India during September quarter

Rediff.com31 Oct 2025

iPhone maker Apple hit an all-time revenue record in India during September quarter, marking a strong growth streak in the world's second largest smartphone market where the tech titan has been deepening retail footprint and local manufacturing.

Maduro's Link to Sathya Sai Baba...

Maduro's Link to Sathya Sai Baba...

Rediff.com5 Jan 2026

Long before he became Venezuela's president, Nicolas Maduro's life intersected with India in a profound personal way.

Over 1.7 million tonnes of India's fuel stuck in Strait of Hormuz

Over 1.7 million tonnes of India's fuel stuck in Strait of Hormuz

Rediff.com18 Mar 2026

Hundreds of Indian seafarers are stranded on vessels carrying crude oil, LPG, and LNG in the Persian Gulf due to the ongoing conflict in the Middle East, causing disruptions to India's energy supplies.

Ishaan Tharoor among 300 staff axed by Washington Post

Ishaan Tharoor among 300 staff axed by Washington Post

Rediff.com5 Feb 2026

The Washington Post Guild, the union for staff members, had appealed to the public to send a message to Bezos: "Enough is enough. Without the staff of The Washington Post, there is no Washington Post."

Investing? Check out the Latin America Fund

Investing? Check out the Latin America Fund

Rediff.com7 Jul 2008

Most of the Latin American countries have a better current account balance, have huge export potential and their combined foreign exchange reserves are higher than that of India's.

Oil rigs: Latin America drills past India

Oil rigs: Latin America drills past India

Rediff.com16 Apr 2008

The 31 rigs were operating in India's offshore areas till February this year, making the country the largest offshore rig user in the world after the US, where 56 rigs are operating. Countries such as Brazil and Mexico have now overtaken India.

'Jag Laadki' carrying 80,886 MT of crude oil reaches Mundra port

'Jag Laadki' carrying 80,886 MT of crude oil reaches Mundra port

Rediff.com18 Mar 2026

Indian-flagged vessels are navigating the Strait of Hormuz safely despite ongoing tensions in the region, ensuring the continued flow of vital energy supplies to India.

Was Maduro's Capture A Warning Shot To China?

Was Maduro's Capture A Warning Shot To China?

Rediff.com24 Jan 2026

China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.

No permission needed to pass through Strait of Hormuz: Indian govt official

No permission needed to pass through Strait of Hormuz: Indian govt official

Rediff.com24 Mar 2026

A senior government official confirms that Indian vessels do not require permission to navigate the Strait of Hormuz, despite regional tensions. Several Indian ships, including LPG tankers, have safely crossed the strait, ensuring continued supply of essential commodities to India.

India's Oil Reserves Can Cover 40-45 Days If Hormuz Flow Disrupted

India's Oil Reserves Can Cover 40-45 Days If Hormuz Flow Disrupted

Rediff.com3 Mar 2026

India possesses approximately 100 million barrels of commercial crude oil stocks, capable of covering 40-45 days of its requirements if flows through the Strait of Hormuz are disrupted, according to Kpler.

Why US attacked Venezuela and captured Maduro

Why US attacked Venezuela and captured Maduro

Rediff.com4 Jan 2026

The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national security and migration crisis.

Iran Crisis Impact: India Braces for Oil Price Volatility

Iran Crisis Impact: India Braces for Oil Price Volatility

Rediff.com2 Mar 2026

Analysts predict India will face oil price volatility and macroeconomic effects due to the escalating Iran crisis, though the country's oil supply chain is not yet structurally insecure.

Bajaj Auto logs best quarterly earnings in Q3

Bajaj Auto logs best quarterly earnings in Q3

Rediff.com31 Jan 2026

Two-wheeler (2W) major Bajaj Auto on Friday posted its highest ever quarterly revenue and profit during the third quarter of 2025-26 (Q3FY26). Bajaj Auto's consolidated net profit for the quarter grew by 25 per cent year-on-year (Y-o-Y) to Rs 2,749 crore, with the revenue also growing 23 per cent to Rs 16,204 crore.

India turns to US, Russia, Africa for oil as Middle East conflict escalates

India turns to US, Russia, Africa for oil as Middle East conflict escalates

Rediff.com8 Mar 2026

Indian refiners are negotiating for additional crude cargoes from the US, Russia, and West Africa to ensure adequate supplies amid Middle East tensions. Refineries are maintaining normal processing rates and deferring maintenance to build reserves. The move comes as conflict impacts tanker movements through the Strait of Hormuz, a key energy transit route.

Auto, ancillary sectors to see strong earnings momentum

Auto, ancillary sectors to see strong earnings momentum

Rediff.com19 Jan 2026

The automobile and auto-ancillary sector is expected to show strong Q3FY26 results, aided by festival-led demand, rationalisation in goods and services tax (GST) rates for select categories of vehicles, easing interest rates, and improving rural sentiment.

India, EU near 'mother of all deals' amid US tariff threat

India, EU near 'mother of all deals' amid US tariff threat

Rediff.com20 Jan 2026

European Commission President Ursula von der Leyen says India and the EU are close to a 'historic trade agreement' that could create a market of two billion people and account for almost a quarter of the global GDP.

US tariffs to hit 8% of India's auto component output

US tariffs to hit 8% of India's auto component output

Rediff.com17 Sep 2025

High US tariffs are expected to affect close to 8 per cent of India's overall auto component production, ratings firm Icra said on Wednesday. Indian auto component exporters are at a relative disadvantage compared to most other Asian exporting nations, highlighting the importance of concluding an India-US bilateral trade agreement, it added.

Blow to climate action, US exits 66 global cooperation bodies

Blow to climate action, US exits 66 global cooperation bodies

Rediff.com8 Jan 2026

President Donald Trump has withdrawn the United States from over 60 international organisations, including United Nations bodies and the India-France-led International Solar Alliance, calling the institutions 'redundant' and 'contrary' to America's interests.

China catches US napping, extends Belt and Road Initiative in South America

China catches US napping, extends Belt and Road Initiative in South America

Rediff.com5 Apr 2022

The US has realised that China is cutting lucrative deals in South America as more nations are joining Beijing's Belt and Road Initiative.

Corporate Commutes The Next Big Market for Uber

Corporate Commutes The Next Big Market for Uber

Rediff.com20 Jan 2026

'It's a very, very large opportunity -- not just for India, but even for Uber globally.'

Move over Fast & Furious-Brad Pitt's 'F1' dominates

Move over Fast & Furious-Brad Pitt's 'F1' dominates

Rediff.com30 Jun 2025

Apple's high-octane racing film "F1: The Movie" roared to the top of the U.S. and Canadian box office this weekend, fueled by star-power and a finely-tuned marketing campaign

8 Indian Dishes And Their Global Cousins

8 Indian Dishes And Their Global Cousins

Rediff.com11 Nov 2025

Across continents and cultures, people unknowingly cook similar dishes -- same idea, different ingredients or different method of preparation. Many Indian favourites have surprising global twins that nearly mirror our flavours, techniques or eating style.

Venture funding slowed in Sep qtr; exit activity at 7-year high

Venture funding slowed in Sep qtr; exit activity at 7-year high

Rediff.com24 Oct 2025

Venture funding in India slowed in the third quarter (Q3) of 2025 amid geopolitical uncertainty, though exit activity surged to a seven-year high, according to Venture Pulse from KPMG Private Enterprise, a quarterly report tracking investment trends globally across major regions around the world.