News for 'National Economic Council'

Iran renews threat to Gulf neighbours hours after 'apology'

Iran renews threat to Gulf neighbours hours after 'apology'

Rediff.com7 Mar 2026

Amidst ongoing conflict, Iranian President Masoud Pezeshkian signals a potential de-escalation by apologising to neighbouring countries while firmly rejecting US President Donald Trump's demand for unconditional surrender.

Yunus rakes up India's 'Seven Sisters' in farewell speech

Yunus rakes up India's 'Seven Sisters' in farewell speech

Rediff.com17 Feb 2026

Relations with India experienced a downturn during Yunus's tenure, while ties with Pakistan saw positive developments.

Trump dials Modi, talks focus on keeping Strait of Hormuz open

Trump dials Modi, talks focus on keeping Strait of Hormuz open

Rediff.com24 Mar 2026

Prime Minister Narendra Modi and US President Donald Trump discussed the Middle East crisis, with a focus on the Strait of Hormuz.

'God Does Not Make People Like Mohsina Kidwai Now'

'God Does Not Make People Like Mohsina Kidwai Now'

Rediff.com18 Apr 2026

'She was not a yes person. She would tell the truth and her feelings to Indira Gandhi, and Indira Gandhi would value her opinion. The same was the case with Rajiv Gandhi who would value her opinion.'

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

Rediff.com18 Apr 2026

This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.

Iran Rewrites Rules of War

Iran Rewrites Rules of War

Rediff.com17 Mar 2026

Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.

What Happens When Trump's Deadline Expires?

What Happens When Trump's Deadline Expires?

Rediff.com7 Apr 2026

Trump may strike. He may announce productive talks and extend again. He may do both at the same time. Iran will not open the Strait on someone else's terms, so no matter what happens, that problem will remain unsolved. And the IRGC will still be collecting its $2 million toll from every ship bold enough to ask permission to pass.

Iran cannot participate in FIFA World Cup, minister says

Iran cannot participate in FIFA World Cup, minister says

Rediff.com11 Mar 2026

Iran cannot participate in the 2026 World Cup after co-host the US launched airstrikes alongside Israel, Sports Minister Ahmad Donyamali said on Wednesday.

Gulf Conflict: 300,000 Jobs At Risk

Gulf Conflict: 300,000 Jobs At Risk

Rediff.com17 Mar 2026

'If movement remains stalled for three to four months, more than 300,000 recruitments from India could be affected.'

India backs Gaza peace plan, Modi tells Israeli Knesset

India backs Gaza peace plan, Modi tells Israeli Knesset

Rediff.com25 Feb 2026

Prime Minister Narendra Modi addressed the Israeli Parliament, reaffirming India's support for Israel in the face of terrorism and expressing support for the Gaza peace initiative.

'Coercive, unilateral': BRICS nations slam Trump tariffs

'Coercive, unilateral': BRICS nations slam Trump tariffs

Rediff.com27 Sep 2025

The BRICS nations have expressed concern over the proliferation of trade-restrictive actions in the form of 'indiscriminate rising' of tariffs, particularly measures used as a means of 'coercion', cautioning that such practices risk marginalising the Global South countries.

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Rediff.com8 Apr 2026

By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.

US-Iran: The Weekend Has Left The World In A More Dangerous Place

US-Iran: The Weekend Has Left The World In A More Dangerous Place

Rediff.com13 Apr 2026

The ceasefire is still technically holding, to the extent that no overt hostilities have been reported yet, but the rhetoric has hardened dangerously. The week ahead will also clarify whether the Islamabad failure was a negotiating tactic or whether Washington has genuinely locked itself into a position from which the only exits are climb-down, escalation, or the slow bleed of a new status quo that nobody chose and nobody controls. Prem Panicker continues his must read blog on the Iran War.

Iran's War: 'Mojtaba Khamenei Is Being Hunted By Foreign Powers And Internal Foes'

Iran's War: 'Mojtaba Khamenei Is Being Hunted By Foreign Powers And Internal Foes'

Rediff.com12 Mar 2026

'Mojtaba Khamenei supervised the most recent repression in December 2025 and January 2026 which remains ongoing.'

The Gulf War: What's Pakistan Up To?

The Gulf War: What's Pakistan Up To?

Rediff.com31 Mar 2026

Egypt, Pakistan, Saudi Arabia and Turkey met in Islamabad in what analysts say is the formal opening of a new diplomatic formation that could reshape the post-war regional order. Their immediate goal is a ceasefire; their larger ambition is to ensure that neither Iran nor Israel emerges from this war in a dominant position. Pakistan's foreign minister then flew directly to Beijing and mooted a Chinese role as guarantor of any eventual agreement. Prem Panicker continues his must read daily blog on the Gulf War.

Gulf War: Hormuz Is Becoming The Central Battlefield

Gulf War: Hormuz Is Becoming The Central Battlefield

Rediff.com23 Mar 2026

The question is no longer whether the war will expand. It has. The next few days will tell us whether the war stabilises around Hormuz or whether the Strait itself becomes the trigger for a far larger rupture. What to watch for over the next 48 hours is simple: Any move by the US toward direct naval control of the Strait; any credible Iranian attempt to disrupt or mine shipping lanes and, critically, whether energy infrastructure in the Gulf continues to be targeted.If those lines are crossed in tandem, the war will no longer be containable within the region.

Pentagon Purge Rocks Iran War

Pentagon Purge Rocks Iran War

Rediff.com3 Apr 2026

The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.

Now, India's gems & jewellery sector on par with China, Thailand

Now, India's gems & jewellery sector on par with China, Thailand

Rediff.com4 Feb 2026

Exporters of gems and jewellery have said the free-trade agreement (FTA) has brought relief to their sector because this opens up the world's second-largest market and brings them on a par with China and Thailand, which face zero tariffs on shipments to Europe.

Trump Won't Decide What Happens Next In The War

Trump Won't Decide What Happens Next In The War

Rediff.com2 Apr 2026

'The next two to three weeks will not be decided in Washington.' 'They will be decided in Tehran, in whatever calculation Iran makes about the costs of continued resistance against the costs of appearing to have yielded.'

China announces support for Iran amid Trump's warning

China announces support for Iran amid Trump's warning

Rediff.com14 Jan 2026

Spokesperson of the Ministry of Foreign Affairs of China, Lin Jian, said on Wednesday that China supports Iran in maintaining its stability, adding that Beijing has always opposed the interference in other countries' internal affairs and the use of force in international relations.

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.

Budget 2026 lays blueprint for a future-ready digital ecosystem

Budget 2026 lays blueprint for a future-ready digital ecosystem

Rediff.com9 Feb 2026

Budget 2026 is an intentional and ambitious one - From manufacturing growth to services supremacy, from technology consumption to AI-powered transformation. This is the blueprint for a $7 trillion economy built on intelligence, not just scale.

Has US Repeated Its Iraq Mistake?

Has US Repeated Its Iraq Mistake?

Rediff.com11 Mar 2026

Israel and the United States had a plan. Iran punched back. And now the Gulf is reeling, the world is beginning to feel the pain and, as on date, no one in Washington or Tel Aviv appears willing to admit that the punch has landed, notes Prem Panicker, continuing his must-read blog on the war in the Middle East.

India-EU FTA: 'Mother Of All Deals': Goyal

India-EU FTA: 'Mother Of All Deals': Goyal

Rediff.com17 Jan 2026

Both India and the EU are likely to announce a conclusion of trade talks on January 27.

Japan's High-Stakes Gamble In the Indo-Pacific

Japan's High-Stakes Gamble In the Indo-Pacific

Rediff.com10 Feb 2026

In the Indo-Pacific's new era -- where perception shapes reality faster than treaties -- the real entrapment is not of China or the United States. It is the test Japan has set for itself -- and whether partners like India, acting as balancers rather than accelerants, can help ensure that the story ends in stability, points out Varun Arya.

India-EU pact weaves new hope into $100 bn textile export dream

India-EU pact weaves new hope into $100 bn textile export dream

Rediff.com4 Feb 2026

The proposed trade deal with the 27-nation European Union (EU) is expected to provide zero-duty access to the $95 billion European market for Indian textile and apparel manufacturers. Currently, India's share of the European market is just 6 per cent, or $5.5 billion.

Iran moves UNSC after Trump's appeal to protesters

Iran moves UNSC after Trump's appeal to protesters

Rediff.com14 Jan 2026

Iran has formally appealed to the United Nations Security Council and the UN Secretary-General, accusing the United States of inciting violence, interfering in Iran's internal affairs, and threatening military action, according to an official letter circulated by Iran's Permanent Mission to the UN.

Will India Face Oil Shock from Iran Crisis?

Will India Face Oil Shock from Iran Crisis?

Rediff.com2 Mar 2026

Will rising tensions between US-Israel and Iran threaten crude oil supply through the Strait of Hormuz, putting India's fuel prices, imports, and economic stability at risk?

Russia had sold Alaska to US: Putin on Trump's Greenland bid

Russia had sold Alaska to US: Putin on Trump's Greenland bid

Rediff.com22 Jan 2026

Putin said that the Greenland issues doesn't concern him.

How India Is Rewriting Its FTA Playbook

How India Is Rewriting Its FTA Playbook

Rediff.com28 Jan 2026

India has been on an FTA-signing spree of late. Since 2021, it has signed eight trade agreements, three of which -- with the UK, Oman and New Zealand -- were finalised in 2025 alone.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com25 Feb 2026

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

Why Saudi Arabia Is Livid With The UAE

Why Saudi Arabia Is Livid With The UAE

Rediff.com5 Feb 2026

What began as a mentor-protege relationship between UAE President Mohammed bin Zayed and Saudi Crown Prince Mohammed bin Salman has now evolved into a broader contest over influence, strategy, and leadership in the Middle East, points out Asif Ullah Khan.

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com25 Feb 2026

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.

Iran's Consul-General: 'We Hold The Upper Hand'

Iran's Consul-General: 'We Hold The Upper Hand'

Rediff.com21 Mar 2026

'Despite the large number of missiles and drones we have already launched, we still possess reserves and missile cities whose doors have not yet been opened,' says Iran's Consul-General Saeid Reza Mosayeb Motlagh.

T20 World Cup: Sri Lanka urges Pakistan to rethink India match boycott

T20 World Cup: Sri Lanka urges Pakistan to rethink India match boycott

Rediff.com6 Feb 2026

Citing heavy losses all around, SLC urges PCB to reconsider boycott of Indo-Pak fixture

Budget 2026: Time To Fix The Weak Link In R&D Ecosystem

Budget 2026: Time To Fix The Weak Link In R&D Ecosystem

Rediff.com31 Jan 2026

Restoring weighted tax deductions and adopting a petty patents regime can foster firm-level innovative activity critical for competitiveness, points out Nagesh Kumar.

India-EU's FTA perfect answer to 'hegemons' using tariffs: Canadian minister

India-EU's FTA perfect answer to 'hegemons' using tariffs: Canadian minister

Rediff.com27 Jan 2026

In a veiled attack on US President Donald Trump, Canada's Minister of Energy and Natural Resources Tim Hodgson on Tuesday said India's free trade agreement with the European Union is a "perfect" answer to global hegemons that use tariffs and economic integration as tools of coercion.

I'll always be friends with Modi, just don't like...: Trump

I'll always be friends with Modi, just don't like...: Trump

Rediff.com6 Sep 2025

Trump also said he is "very disappointed" that India would be buying "so much oil" from Russia.

8 To 1 Trump Won't Start A Gulf War

8 To 1 Trump Won't Start A Gulf War

Rediff.com12 Feb 2026

The threat of wars hovers over the negotiations in Oman, but the good part is that Trump called the talks to be 'very good' and Iran's President Masoud Pezeshkian responded that they 'constitute a step forward', points out Ambassador M K Bhadrakumar.

Republic Day 2026: Op Sindoor, defence prowess displayed at 77th R-Day parade

Republic Day 2026: Op Sindoor, defence prowess displayed at 77th R-Day parade

Rediff.com26 Jan 2026

Around 100 artistes heralded the parade, on the theme 'Vividata Mein Ekta (Unity in Diversity) that featured a grand presentation of musical instruments, demonstrating the nation's unity and rich cultural diversity.