News for 'New International Economic'

'When We Can Survive 50% Tariff, We Can Survive Anything!'

'When We Can Survive 50% Tariff, We Can Survive Anything!'

Rediff.com1 Jul 2026

'It's very important for India to retain its sovereignty. India should not sign any agreement which compromises its sovereignty.'

Trump says Iran 'agrees to never have nukes', denies $300mn fund claim

Trump says Iran 'agrees to never have nukes', denies $300mn fund claim

Rediff.com16 Jun 2026

Earlier, Israeli Prime Minister Benjamin Netanyahu also declared that Iran would never be allowed to acquire nuclear weapons, regardless of any agreement.

'Gulf War Has Been The Worst Crisis For Indians'

'Gulf War Has Been The Worst Crisis For Indians'

Rediff.com20 Jun 2026

'It will take a long time to recover from the impact of this war.'

Modi Has Transformed The Vocabulary Of Indian Politics

Modi Has Transformed The Vocabulary Of Indian Politics

Rediff.com10 Jun 2026

Few leaders since Independence have been able to establish such a direct connection with the electorate or shape the national conversation to the extent that Narendra Modi has done over the past decade, points out former Union minister Dr Karan Singh.

India Rejects US 'Overcapacity' Claims in Steel, Textiles, Citing Low Per Capita Consumption

India Rejects US 'Overcapacity' Claims in Steel, Textiles, Citing Low Per Capita Consumption

Rediff.com11 Jun 2026

India has strongly refuted claims by the United States Trade Representative (USTR) regarding excess capacity in its steel and textile sectors, arguing that the nation's significantly low per capita consumption of these products contradicts such assertions, according to Amitabh Kumar, Additional Secretary in the Ministry of Commerce.

MoSPI Upgrades Data Portal For AI Models To Ensure Credibility

MoSPI Upgrades Data Portal For AI Models To Ensure Credibility

Rediff.com5 Jun 2026

The Ministry of Statistics and Programme Implementation (MoSPI) has upgraded its official data portal to be directly readable by AI models, aiming to prevent reliance on non-credible sources. This initiative includes standardising 288 priority datasets and addressing semantic interoperability challenges to improve public service delivery.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

Rs 92 cr via foreign cards: US group, 6 others booked under UAPA in K'taka

Rs 92 cr via foreign cards: US group, 6 others booked under UAPA in K'taka

Rediff.com14 Jun 2026

A case has been registered against a US-based organisation and six others after the Enforcement Directorate lodged a complaint alleging illegal utilisation of foreign funds through a network of foreign debit cards, including in Left Wing Extremism (LWE)-affected areas of the country.

Why Indian Politicians Fear Youth Dissent

Why Indian Politicians Fear Youth Dissent

Rediff.com19 Jun 2026

CBSE exams and unemployment are divergent concerns for the middle class and the poor, and the idioms of protest don't speak to all of India's young people, points out Kanika Datta.

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Rediff.com14 May 2026

Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

Rediff.com17 Jun 2026

Prime Minister Narendra Modi announced that the India-UK Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15, 2026, anticipating a significant boost to bilateral trade and investment.

World Cup 2026: Can Football Unite a Fractured World?

World Cup 2026: Can Football Unite a Fractured World?

Rediff.com11 Jun 2026

The 2026 FIFA World Cup, co-hosted by the United States, Mexico, and Canada, is set to be football's largest tournament but will unfold against a backdrop of significant geopolitical tensions, including conflicts, strained alliances, and complex immigration policies, challenging its traditional role as a symbol of global unity.

Gold Smuggling Syndicate Busted At Mumbai Airport

Gold Smuggling Syndicate Busted At Mumbai Airport

Rediff.com1 Jun 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a gold smuggling syndicate at Mumbai's international airport, seizing 2.6 kg of gold in wax form, valued at approximately Rs 4.20 crore.

Pakistan's airstrikes on Afghanistan a violation of sovereignty, India tells UN

Pakistan's airstrikes on Afghanistan a violation of sovereignty, India tells UN

Rediff.com9 Jun 2026

India has strongly condemned Pakistan's military airstrikes against Afghanistan, citing significant civilian casualties, and criticised its 'trade and transit terrorism' against Afghan traders, calling these actions blatant violations of international law and UN norms.

India-Nepal Boundary Dispute Needs Solution

India-Nepal Boundary Dispute Needs Solution

Rediff.com1 Jul 2026

The boundary mess between India and Nepal needs a solution in a manner as mentioned by Nepal's Foreign Minister Shishir Khanal: 'On evidence not emotions', counsels Lieutenant General Shakti Gurung (retd).

As US helicopter crashes near Hormuz, Trump predicts 'total victory' over Iran

As US helicopter crashes near Hormuz, Trump predicts 'total victory' over Iran

Rediff.com9 Jun 2026

A US military Apache attack helicopter crashed near the Strait of Hormuz, with its crew successfully rescued, as US President Donald Trump confidently declared an imminent 'total victory' over Iran within two weeks and a new nuclear deal, despite ongoing regional volatility and a recent de-escalation between Iran and Israel.

Government okays Rs 10,000 cr jet fuel fund for airlines

Government okays Rs 10,000 cr jet fuel fund for airlines

Rediff.com4 Jun 2026

The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.

India aims to operationalise 9 FTAs in 10 months, eyes more pacts: Piyush Goyal

India aims to operationalise 9 FTAs in 10 months, eyes more pacts: Piyush Goyal

Rediff.com5 Jun 2026

Commerce and Industry Minister Piyush Goyal announced that India expects to operationalise nine free trade agreements (FTAs) within the next 10 months, with plans for an additional three to four significant pacts over the coming year, reinforcing India's ambition to become a global manufacturing and investment hub.

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

Rediff.com27 May 2026

HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.

'Bibi, you better...': Trump warns Netanyahu over strikes on Iran

'Bibi, you better...': Trump warns Netanyahu over strikes on Iran

Rediff.com9 Jun 2026

US President Donald Trump has cautioned Israeli Prime Minister Benjamin Netanyahu that Israel risks international isolation if it resumes extensive military operations against Iran, following a volatile 24-hour period of escalating cross-border hostilities.

US-China Rivalry Enters New Phase

US-China Rivalry Enters New Phase

Rediff.com27 May 2026

The Beijing summit may have reduced immediate diplomatic uncertainty, but it did not resolve the deeper structural contest between the United States and China. That contest appears likely to define the coming decade, notes Varun Arya.

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

India, Venezuela vow long-term energy tie-up

India, Venezuela vow long-term energy tie-up

Rediff.com4 Jun 2026

India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

Trump praises Modi, says India 'took advantage' of US policies

Trump praises Modi, says India 'took advantage' of US policies

Rediff.com5 Jun 2026

Responding to a question on the trade deal being negotiated between the two countries, Trump said India had taken advantage of US policies for years and charged tremendous tariffs.

Pakistan PM: US-Iran peace deal 'on verge of finalisation' within 24 hours

Pakistan PM: US-Iran peace deal 'on verge of finalisation' within 24 hours

Rediff.com13 Jun 2026

Pakistan Prime Minister Shehbaz Sharif announced that a US-Iran peace deal is on the verge of finalisation, potentially within the next 24 hours, marking a significant diplomatic breakthrough after months of intense negotiations.

'Doyen of Indian PMs': US, Russia hail Modi on tenure milestone

'Doyen of Indian PMs': US, Russia hail Modi on tenure milestone

Rediff.com11 Jun 2026

US President Donald Trump described Prime Minister Narendra Modi as 'a Great One', while Russia hailed him as the 'doyen of all Indian prime ministers' as world leaders congratulated him on becoming India's longest continuously serving elected representative at the top post.

India-Oman Trade Pact: Unlocking Export Potential for Labour-Intensive Sectors

India-Oman Trade Pact: Unlocking Export Potential for Labour-Intensive Sectors

Rediff.com10 Jun 2026

The India-Oman free trade agreement, operationalised on June 1, is set to create significant export opportunities for India's labour-intensive and value-added sectors, including textiles, gems and jewellery, and marine products, while also strengthening energy security.

'The Way You Buy Is Going To Change'

'The Way You Buy Is Going To Change'

Rediff.com6 Jun 2026

'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

India Is Lucky To Have Both Nehru And Modi

India Is Lucky To Have Both Nehru And Modi

Rediff.com10 Jun 2026

If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).

Iran blames UAE after BRICS ministers fail to agree on joint declaration

Iran blames UAE after BRICS ministers fail to agree on joint declaration

Rediff.com16 May 2026

The BRICS foreign ministers' meeting in New Delhi concluded without a joint statement due to disagreements over the West Asia conflict, with Iran blaming the UAE for the lack of consensus. India, as the host, issued a chair's statement highlighting the differing views.

Xi Jinping lands in North Korea to deepen ties, Kim receives him at airport

Xi Jinping lands in North Korea to deepen ties, Kim receives him at airport

Rediff.com8 Jun 2026

Chinese President Xi Jinping has arrived in Pyongyang for his first official visit in seven years, meeting with North Korean leader Kim Jong-un to reaffirm their long-standing friendship and pledge further development of bilateral relations amidst Pyongyang's deepening military ties with Moscow and China's assertions against Japan's 'new militarism'.

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Rediff.com7 Jun 2026

A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."

'We were too naive' against India: Afghanistan coach

'We were too naive' against India: Afghanistan coach

Rediff.com8 Jun 2026

This was Afghanistan's 12th Test in last eight years and the defeat by an innings and 300 runs against India was a humbling experience for the team.

Karnataka Budget 2026-27 Praised for Balanced Approach to Economic Growth

Karnataka Budget 2026-27 Praised for Balanced Approach to Economic Growth

Rediff.com7 Mar 2026

The Bangalore Chamber of Industry and Commerce (BCIC) has welcomed the Karnataka Budget 2026-27, highlighting its focus on economic growth, support for MSMEs, and infrastructure development. Industry leaders have expressed optimism about the budget's potential to boost manufacturing, create jobs, and drive innovation in the state.

Draft US-Iran truce deal eyes Hormuz reopening, American troop pullback

Draft US-Iran truce deal eyes Hormuz reopening, American troop pullback

Rediff.com27 May 2026

As tensions in the Middle East approach a critical juncture, reports have surfaced regarding a draft memorandum of understanding between the United States and Iran aimed at de-escalating the ongoing conflict, Iranian state media reported on Wednesday.

Beyond Fees: The Racket Of School 'Add-Ons'

Beyond Fees: The Racket Of School 'Add-Ons'

Rediff.com11 Jun 2026

A viral Rs 2.5 lakh school trip to Japan has exposed the soaring, extraneous costs of modern Indian education. From textbook monopolies to elite excursions, these hidden fees create intense classroom peer pressure even as parents face a financial spiral. We ask you, Dear Reader, to share your experience with us.

Eye on China: Quad ramps up Indo-Pacific surveillance

Eye on China: Quad ramps up Indo-Pacific surveillance

Rediff.com27 May 2026

The Quad grouping has expanded cooperation in critical minerals and energy, while unveiling new measures to boost maritime surveillance and port infrastructure across the Indo-Pacific. This move comes against the backdrop of China's growing military posturing in the region, with ministers reiterating strong opposition to destabilising actions and expressing serious concerns over militarisation of disputed features.

Lost many nationals in attacks on ships in Gulf, India tells UN

Lost many nationals in attacks on ships in Gulf, India tells UN

Rediff.com11 Jun 2026

India has expressed firm opposition to attacks on merchant shipping amidst the ongoing Iran conflict, revealing that several Indian nationals have died or are missing due to these incidents. The nation also called for restraint, de-escalation, and prioritising civilian safety in the region.