News for 'New International Economic'

Israel urges India to designate Iran's IRGC a terror outfit

Israel urges India to designate Iran's IRGC a terror outfit

Rediff.com25 May 2026

The IRGC is the most powerful branch of Iran's armed forces and operates independently of the country's regular military, answering directly to Supreme Leader Ali Khamenei.

India flags energy, maritime threats at BRICS amid West Asia crisis

India flags energy, maritime threats at BRICS amid West Asia crisis

Rediff.com15 May 2026

India has expressed serious concerns about the West Asia crisis and its potential impact on energy supplies and maritime stability, urging BRICS nations to find practical solutions to geopolitical challenges and unilateral sanctions.

US Tightens Sanctions On Iran's 'Shadow Oil Economy'

US Tightens Sanctions On Iran's 'Shadow Oil Economy'

Rediff.com29 May 2026

The United States has announced new sanctions targeting Iran's 'shadow oil economy,' accusing Tehran of using illicit oil revenues to fund the Islamic Revolutionary Guard Corps (IRGC) and its regional activities.

Putin to attend BRICS summit in New Delhi in September

Putin to attend BRICS summit in New Delhi in September

Rediff.com19 May 2026

Russian President Vladimir Putin will attend the BRICS summit in New Delhi on September 12-13, according to a presidential aide.

Indians' overseas travel spending dips to $1.09 billion in March amidst rupee depreciation concerns

Indians' overseas travel spending dips to $1.09 billion in March amidst rupee depreciation concerns

Rediff.com24 May 2026

Overseas travel spending by Indians, including holiday trips, decreased by $212.43 million to $1.09 billion in March compared to February, according to the Reserve Bank of India's latest data.

Won't let our soil be used against India: Myanmar Prez

Won't let our soil be used against India: Myanmar Prez

Rediff.com1 Jun 2026

Myanmar President U Min Aung Hlaing assured Prime Minister Narendra Modi that Myanmarese territory would not be allowed to be used against India's security interests, as the two leaders held wide-ranging talks to boost bilateral ties in trade, defence, and energy.

Cockroach Party is the outcome of youth's frustration: BJP ally

Cockroach Party is the outcome of youth's frustration: BJP ally

Rediff.com25 May 2026

The Telugu Desam Party (TDP) has stated that the ban on the Cockroach Janata Party's social media handles is a symptom of widespread frustration among India's youth regarding employment, competitive examinations, and economic pressures, urging the government to address these concerns through policy changes.

IIP basket gets a refresh: Rare earths in, kerosene out

IIP basket gets a refresh: Rare earths in, kerosene out

Rediff.com26 May 2026

The new Index of Industrial Production (IIP) series, which shifts the base year from 2011-12 to 2022-23 and is scheduled for release on June 1, will, for the first time, track rare earths and minor minerals, piped natural gas (PNG), and water supply, sewerage and waste management.

Will Pakistan rethink its Israel policy after Rubio talks?

Will Pakistan rethink its Israel policy after Rubio talks?

Rediff.com29 May 2026

US Secretary of State Marco Rubio met with Pakistan's Foreign Minister Ishaq Dar amid American demand that countries mediating the peace talks with Iran join the Abraham Accords and establish diplomatic and economic ties with Israel.

Kashmir airport to shut for runway repairs, tourism sector fears hit

Kashmir airport to shut for runway repairs, tourism sector fears hit

Rediff.com2 Jun 2026

Srinagar International Airport will suspend all flight operations for 15 days from October 1 for crucial runway maintenance, raising alarm bells within the tourism industry that fears the shutdown will deal a massive blow to the sector as it directly clashes with the peak Durga Puja holiday season.

Subhash Kashyap: A Titan Passes Into The Ages

Subhash Kashyap: A Titan Passes Into The Ages

Rediff.com9 Jun 2026

Dr Subhash Kashyap not only enhanced Parliament's image in India and abroad, but also the position of Lok Sabha secretary-general which succeeding secretary-generals have upheld thorough neutrality, objectivity and high degree of professionalism, notes Rup Narayan Das.

The complete Indian investor's guide to every asset class worth knowing in 2026!

The complete Indian investor's guide to every asset class worth knowing in 2026!

Rediff.com31 May 2026

Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.

US-Iran draft deal proposes immediate ceasefire, sanctions relief

US-Iran draft deal proposes immediate ceasefire, sanctions relief

Rediff.com22 May 2026

A potential agreement between the United States and Iran, including a comprehensive ceasefire and gradual lifting of US sanctions, may be announced soon, according to reports. The agreement aims to de-escalate tensions and establish a framework for resolving disputes.

'Pressure To Bear A Son Is More In The City'

'Pressure To Bear A Son Is More In The City'

Rediff.com17 Jun 2026

'Even lower middle class parents in cities opt for just one child. A son is a must.'

Chicago University Honours Ex-CEA Krishnamurthy Subramanian

Chicago University Honours Ex-CEA Krishnamurthy Subramanian

Rediff.com1 May 2026

The University of Chicago has conferred its Alumni Award for Professional Achievement to India's former chief economic adviser Krishnamurthy V Subramanian, the first Indian economist to receive the honour since 1941.

Why France are favourites to win the World Cup

Why France are favourites to win the World Cup

Rediff.com8 Jun 2026

With Kylian Mbappe's depth and experience, economists predict France are tipped to edge Spain to lift World Cup.

Maharashtra Government Suspends Officials After Spurious Liquor Deaths

Maharashtra Government Suspends Officials After Spurious Liquor Deaths

Rediff.com30 May 2026

Following the deaths of 15-18 people in Pune and Pimpri Chinchwad due to spurious liquor, the Maharashtra government has suspended 22 police and excise department personnel for failing to act against the illegal liquor trade. Financial assistance has been announced for the victims' families, and a statewide crackdown on illicit liquor is underway.

Gold prices fall sharply amid global economic uncertainty

Gold prices fall sharply amid global economic uncertainty

Rediff.com25 Mar 2026

Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.

Sensex drops over 300 points, Nifty declines amid IT sell-off, rising crude

Sensex drops over 300 points, Nifty declines amid IT sell-off, rising crude

Rediff.com3 Jun 2026

Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a sharp sell-off in IT stocks, a fresh surge in crude oil prices, and sustained outflows from foreign institutional investors. The Sensex dropped over 300 points, while the Nifty declined by 77.95 points.

Trump-Xi Rapprochement: Time For India To Be Cautious

Trump-Xi Rapprochement: Time For India To Be Cautious

Rediff.com21 May 2026

India would confront a more entrenched China, a less dependable United States, and a regional order increasingly shaped by great-power bargaining over which it exercises limited influence, notes Amberish K Diwanji.

Ashwin: 'Test cricketers should earn their place through first-class cricket'

Ashwin: 'Test cricketers should earn their place through first-class cricket'

Rediff.com5 Jun 2026

Ravichandran Ashwin has called for urgent measures to safeguard Test cricket, stressing the importance of first-class cricket as the pathway to the longest format and warning that young players need stronger incentives to pursue red-ball careers.

35 vessels transited via Hormuz in 24 hrs with our 'permission': IRGC Navy

35 vessels transited via Hormuz in 24 hrs with our 'permission': IRGC Navy

Rediff.com22 May 2026

As many as 35 vessels, including cargo carriers and oil tankers, successfully navigated through the strategic maritime chokepoint of the Strait of Hormuz over the last 24 hours, according to Iran's state media reports citing a formal declaration by the Islamic Revolutionary Guard Corps (IRGC) Navy.

India trashes claim of declining minority rights, media freedom

India trashes claim of declining minority rights, media freedom

Rediff.com17 May 2026

India has rejected allegations of declining media freedom and erosion of religious and minority rights, asserting that the country is a vibrant democracy that guarantees free speech to all.

Trump-Xi Engagement Raises India's Concerns

Trump-Xi Engagement Raises India's Concerns

Rediff.com1 Jun 2026

The US-China rapprochement, however tenuous, is not without implications for India. Both China and Pakistan have become closer to the US, notes Ambassador T P Sreenivasan.

UK health minister quits, may challenger Starmer for PM

UK health minister quits, may challenger Starmer for PM

Rediff.com14 May 2026

UK Health Secretary Wes Streeting resigned from the Cabinet, citing a loss of confidence in Prime Minister Keir Starmer's leadership, potentially triggering a Labour leadership contest.

Arvind Subramanian: Be Wary of China Bashing

Arvind Subramanian: Be Wary of China Bashing

Rediff.com14 May 2026

It seems odd to criticise a country for delivering growth rates in standards of living and consumption that have been perhaps the fastest, longest, and most broad-based (affecting hundreds of millions of people) in history, points out Arvind Subramanian.

As FIFA World Cup nears, homeless in US host city feel the heat

As FIFA World Cup nears, homeless in US host city feel the heat

Rediff.com5 Jun 2026

When Atlanta hosted the 1996 Olympics, police were accused of arresting homeless people by the thousands. The crackdown resulted in a welter of lawsuits and news stories that caused long-term damage to the city's reputation. Now the Georgia state capital is looking to show the world that it has moved on, as it hosts World Cup games this summer.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

Rediff.com25 May 2026

Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.

How Punjab Police Dismantled Drug Trafficking Networks

How Punjab Police Dismantled Drug Trafficking Networks

Rediff.com31 May 2026

Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.

China's Real Choke Point Starts at Hormuz, Not Malacca: Report

China's Real Choke Point Starts at Hormuz, Not Malacca: Report

Rediff.com29 May 2026

A new report suggests China's maritime vulnerability lies in the Strait of Hormuz, not Malacca, creating strategic competition in the Indian Ocean.

Coast Guard busts international oil smuggling racket; seizes 3 vessels

Coast Guard busts international oil smuggling racket; seizes 3 vessels

Rediff.com7 Feb 2026

The Indian Coast Guard intercepted three vessels involved in an international oil smuggling syndicate operating in international waters near Mumbai, uncovering a sophisticated operation that evaded customs duties.

Economic Syrvey flags India's siloed city governance model

Economic Syrvey flags India's siloed city governance model

Rediff.com31 Jan 2026

Through policy interventions, Indian cities need to be reimagined as a network of inter-connected assets and services which serve to strengthen the social contract between citizens and their cities by improving their quality of life, the Economic Survey has flagged.

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Rediff.com4 Jun 2026

Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Rediff.com17 May 2026

India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

US Seizes Oil Tanker Linked To Iran In Indian Ocean

US Seizes Oil Tanker Linked To Iran In Indian Ocean

Rediff.com20 May 2026

The US has seized an oil tanker, 'Skywave', linked to Iran in the Indian Ocean, as part of efforts to disrupt Iran's oil shipments and enforce sanctions. The vessel was part of a network transporting sanctioned Iranian crude oil, with the seizure occurring amid heightened tensions between Washington and Tehran.

India abstains from vote On UN climate change resolution: Here's why

India abstains from vote On UN climate change resolution: Here's why

Rediff.com21 May 2026

India abstained from voting on a UN General Assembly resolution concerning climate change obligations, citing concerns that it undermines the United Nations Framework Convention on Climate Change (UNFCCC). India believes climate obligations should be negotiated through the UN climate framework, emphasising differentiated responsibilities.

Delhi Quad meet to focus on West Asia fallout, Indo-Pacific security

Delhi Quad meet to focus on West Asia fallout, Indo-Pacific security

Rediff.com25 May 2026

The economic fallout of the West Asia crisis, the prevailing security situation in the Indo-Pacific and ways to boost cooperation in critical minerals and technology are expected to top the agenda at a crucial meeting of the Quad foreign ministers on Tuesday.

Trump to visit China this week amid global tension

Trump to visit China this week amid global tension

Rediff.com11 May 2026

US President Donald Trump will visit China from May 13 to 15 at the invitation of President Xi Jinping. The visit occurs amidst global tensions, including the war in West Asia and trade disputes between the US and China. Discussions are expected to cover China-US relations, world peace, and economic issues.