News for 'State for Economic Affairs'

'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.

'Trump Acts Like A Mafia Boss'

'Trump Acts Like A Mafia Boss'

Rediff.com27 Sep 2025

'He is creating a culture of fear.'

Trump loyalist confirmed as US envoy to India

Trump loyalist confirmed as US envoy to India

Rediff.com9 Oct 2025

Gor, 38, was among 107 nominees confirmed by the Senate in a single en bloc vote on Tuesday, with 51 senators voting in favour and 47 against.

'Nitish Kumar Is Amitabh Bachchan Of Bihar Politics'

'Nitish Kumar Is Amitabh Bachchan Of Bihar Politics'

Rediff.com17 Nov 2025

'This election was won because of Nitish Kumar's face and his policies.'

'This Is The End Of The Road For Nitish Kumar'

'This Is The End Of The Road For Nitish Kumar'

Rediff.com1 Oct 2025

'If the BJP had its way, it would sideline him in favour of someone else. But that's not feasible. There is no vote catcher in Bihar for the BJP.'

'Saudi-Pak Deal Is Not Targeted Against India'

'Saudi-Pak Deal Is Not Targeted Against India'

Rediff.com22 Sep 2025

'Nor would it have serious implications in India's relations with Saudi Arabia that stand on their own and have improved significantly in recent times, including in defence and strategic affairs.'

India flags humanitarian risks in US H-1B fee hike

India flags humanitarian risks in US H-1B fee hike

Rediff.com20 Sep 2025

India has expressed concerns over the potential humanitarian consequences of the Trump administration's new restrictions on the H1B visa program, particularly the disruption to families. The government hopes the US authorities will address these issues.

BMW crash: Accused tests -ve for alcohol, faces culpable homicide

BMW crash: Accused tests -ve for alcohol, faces culpable homicide

Rediff.com17 Sep 2025

Senior finance ministry official Navjot Singh, killed in a BMW crash, was cremated. The driver's alcohol test was negative, and an investigation is underway.

There is more room for monetary policy easing, says Finance Ministry

There is more room for monetary policy easing, says Finance Ministry

Rediff.com29 Jul 2025

With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.

Will Japan's Iron Lady Deepen India-Japan Ties?

Will Japan's Iron Lady Deepen India-Japan Ties?

Rediff.com15 Oct 2025

As a protege of Shinzo Abe, Takaichi is expected to scale bilateral ties much higher. Trade and investment shall grow. People-to-people contacts shall be scaled up, points out Dr Rajaram Panda.

'If Entrepreneurship Is A Marathon, Then...'

'If Entrepreneurship Is A Marathon, Then...'

Rediff.com17 Nov 2025

'...then preparing oneself for the long haul is also essential.' 'Identifying and holding onto values gives you strength to withstand the difficulties enroute.' 'Taking care of your physical, mental, and intellectual well-being gives you the strength to stay the path.'

Economic Affairs Secy: 'Rs should settle at 69-70'

Economic Affairs Secy: 'Rs should settle at 69-70'

Rediff.com1 Oct 2018

'The rupee falling from 69 to 72 was not normal or justified by the fundamentals.' 'And therefore I treat this as temporary.'

Zelenskyy: Tariffs on countries trading with Russia 'right idea'

Zelenskyy: Tariffs on countries trading with Russia 'right idea'

Rediff.com8 Sep 2025

Ukrainian President Volodymyr Zelenskyy has backed the imposition of tariffs on countries maintaining economic ties with Russia, saying it is the 'right idea' in the face of continued aggression by Moscow.

Delhi BMW crash: Accused woman gets bail

Delhi BMW crash: Accused woman gets bail

Rediff.com27 Sep 2025

A court in New Delhi on Saturday granted bail to Gaganpreet Kaur, the key accused in the BMW incident, saying the accident's CCTV footage showed the allegation of culpable homicide was on a 'fragile foundation'.

Afghans Are Adept At Playing India Against Pakistan

Afghans Are Adept At Playing India Against Pakistan

Rediff.com13 Oct 2025

'During the 5-day visit, Amir Khan Muttaqi would have, conceivably, bumped into our powerful security agencies one way or another and some interaction would have ensued, which, in turn, can lead to future dealings.' 'Indeed, this will be the one crucial template of the Indo-Afghan relationship that Pakistan will be monitoring closely,' points Ambassador M K Bhadrakumar.

Don't Expect A Reprieve From Trump!

Don't Expect A Reprieve From Trump!

Rediff.com17 Oct 2025

'There are times when India should stand up without hesitation and voice its indignation over the US' pressure tactic. This is one such moment,' asserts Ambassador M K Bhadrakumar.

Can Private Bankers Transform Public Sector Banks?

Can Private Bankers Transform Public Sector Banks?

Rediff.com29 Oct 2025

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.

Rubio: India-US Ties in 'Extraordinary Transition'

Rubio: India-US Ties in 'Extraordinary Transition'

Rediff.com12 Sep 2025

United States Secretary of State Marco Rubio on Thursday (local time) hailed India as 'one of the top relationships that the US has in the world today' during the Senate confirmation hearing for Sergio Gor, US President Donald Trump's nominee for US Ambassador to India.

Cabinet Committee on Economic Affairs to consider gas price hike tomorrow

Cabinet Committee on Economic Affairs to consider gas price hike tomorrow

Rediff.com26 Jun 2013

If approved, gas price will rise to $6.775 per million British thermal unit from $4.2 currently.

Army conspiring to restore monarchy: Nepal civil society

Army conspiring to restore monarchy: Nepal civil society

Rediff.com12 Sep 2025

A civil society alliance in Nepal has alleged a conspiracy to restore the monarchy, even as political parleys for a transitional government continue.

'Potential Threats To India's Security From Saudi-Pak Pact Are Serious, But Manageable'

'Potential Threats To India's Security From Saudi-Pak Pact Are Serious, But Manageable'

Rediff.com30 Sep 2025

'Saudi-Pak defence pact is to anchor the defence and security of Saudi Arabia and not Pakistan, per se, with Islamabad being the junior partner.'

Setback for India? US revokes sanctions waiver for Chabahar port

Setback for India? US revokes sanctions waiver for Chabahar port

Rediff.com19 Sep 2025

India has said it will take all steps to protect its national interests and ensure comprehensive national security in all domains after Pakistan and Saudi Arabia signed a strategic defence pact.

'On Beijing, Delhi Will Sleep With One Eye Open'

'On Beijing, Delhi Will Sleep With One Eye Open'

Rediff.com23 Aug 2025

'New Delhi is not naive about its foreign policy choices.'

India's Foreign Policy Needs Strategic Expansion

India's Foreign Policy Needs Strategic Expansion

Rediff.com12 Aug 2025

The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.

Tariffs on India prompted Russia to...: Trump ahead of meet with Putin

Tariffs on India prompted Russia to...: Trump ahead of meet with Putin

Rediff.com15 Aug 2025

The comments come ahead of Trump's high-profile meeting with Russian President Vladimir Putin, scheduled for Friday in Anchorage, Alaska.

We've not had a US president who...: Jaishankar amid tariff war

We've not had a US president who...: Jaishankar amid tariff war

Rediff.com23 Aug 2025

The relations between New Delhi and Washington are on a downturn after Trump doubled tariffs on Indian goods to a whopping 50 per cent, including 25 per cent additional duties for India's purchase of Russian crude oil.

Mehul Choksi extradition: India assures Belgium on prison conditions

Mehul Choksi extradition: India assures Belgium on prison conditions

Rediff.com9 Sep 2025

The Indian government has provided assurances to Belgian authorities regarding the prison conditions awaiting Mehul Choksi if he is extradited. The details focus on meeting European standards for humane treatment and addressing concerns about overcrowding and solitary confinement.

Indian envoy meets US lawmakers amid tariff tensions

Indian envoy meets US lawmakers amid tariff tensions

Rediff.com24 Aug 2025

Indian envoy Vinay Mohan Kwatra discussed fair, balanced and mutually beneficial trade ties with US lawmakers amid ongoing tariff tensions between New Delhi and Washington.

Trump says lost India, Russia to 'darkest' China; New Delhi says...

Trump says lost India, Russia to 'darkest' China; New Delhi says...

Rediff.com5 Sep 2025

The relations between New Delhi and Washington are on a downturn after Trump doubled tariffs on Indian goods to a whopping 50 per cent, including a 25 per cent additional duties for India's purchase of Russian crude oil.

Ukraine war affecting fuel prices: India tells UNGA

Ukraine war affecting fuel prices: India tells UNGA

Rediff.com5 Sep 2025

India has voiced regret over the Ukraine conflict's 'collateral consequences', including prices of fuel, saying countries of the Global South have been left to fend for themselves, as Delhi underscored that diplomatic efforts hold the promise to end the war and bring lasting peace.

China, Pak listening, Jaishankar reminds SCO of its '3 evils' pitch

China, Pak listening, Jaishankar reminds SCO of its '3 evils' pitch

Rediff.com15 Jul 2025

Jaishankar said the UN Security Council condemned the attack and underlined the need to hold perpetrators, organisers, financiers and sponsors of the reprehensible act and bring them to justice.

India's GDP growth revised downward to 6.3% for 2025

India's GDP growth revised downward to 6.3% for 2025

Rediff.com17 May 2025

India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.

'To make it harder for...': Vance on Trump's tariffs on India

'To make it harder for...': Vance on Trump's tariffs on India

Rediff.com25 Aug 2025

Vance also hinted that the US may drop additional tariffs on countries if the US make a deal with Russia, and also apply more tariffs on the countries to bring this war to a close.

The man who will advise Modi on economic affairs

The man who will advise Modi on economic affairs

Rediff.com17 Oct 2014

oreign Policy magazine named him as one of the world's top 100 global thinkers in 2011.

Turbulence In Tokyo: What It Means For India

Turbulence In Tokyo: What It Means For India

Rediff.com12 Sep 2025

Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.

India's EU Trade Deal Has A LONG Way To Go

India's EU Trade Deal Has A LONG Way To Go

Rediff.com18 Sep 2025

'Even if tariffs are reduced, non-tariff may still remain a challenge.'

Pak gets $1 bn IMF loan despite India's strong objection

Pak gets $1 bn IMF loan despite India's strong objection

Rediff.com10 May 2025

India registered its protest at the board of IMF, which met on Friday to review the EFF lending programme for Pakistan.

Quad's Mineral Mission: PM Eyes Latin American Deals

Quad's Mineral Mission: PM Eyes Latin American Deals

Rediff.com3 Jul 2025

Increasing cooperation in critical minerals will top Prime Minister Modi's agenda during his discussions with leaders of Ghana, Argentinia, Brazil and Namibia.

'New Delhi Can Hobnob With Moscow And Beijing, But...'

'New Delhi Can Hobnob With Moscow And Beijing, But...'

Rediff.com1 Sep 2025

'...it should not delude itself into thinking that India's security or its great-power ambitions will be advanced by those partnerships.'
'Instead, what India should focus on is on riding out the next three-and-a-half years of Trump's presidency with minimal damage to itself.'

Do you want border wall to stop immigrants, SC asks govt

Do you want border wall to stop immigrants, SC asks govt

Rediff.com29 Aug 2025

The Supreme Court has questioned the central government about the possibility of constructing a border wall to prevent illegal immigration, drawing parallels with the US border policy. The court also addressed concerns about the detention and deportation of Bengali-speaking migrant workers.