News for 'World Economic Situation'

'India Is Collateral Damage Between Trump And Putin'

'India Is Collateral Damage Between Trump And Putin'

Rediff.com10 Sep 2025

'The President's expectations shifted. The goal post moved and India didn't realize that the goal post had moved.'

Tariffs: India Inc Cautions Against Knee-jerk Reaction

Tariffs: India Inc Cautions Against Knee-jerk Reaction

Rediff.com19 Aug 2025

Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures.

Did Pahalgam Attack Have A UN Angle?

Did Pahalgam Attack Have A UN Angle?

Rediff.com8 May 2025

Pakistan was waiting for an opportunity to bring the Jammu and Kashmir issue to the global agenda and resorted to the terrorism route to provoke India, observes Ambassador T P Sreenivasan.

Will secure, advance national interest: Goyal on Trump tariffs

Will secure, advance national interest: Goyal on Trump tariffs

Rediff.com31 Jul 2025

Commerce Minister Piyush Goyal assures Parliament that India will take necessary steps to protect its national interests following the US announcement of tariffs on Indian goods. The government is assessing the implications and engaging with stakeholders.

'Iranians Love India'

'Iranians Love India'

Rediff.com25 Jun 2025

'Iranians admire Indian cinema and often mention Amitabh Bachchan and Shah Rukh Khan when you meet them.'

Broad consensus reached on restoring LAC situation: Rajnath

Broad consensus reached on restoring LAC situation: Rajnath

Rediff.com24 Oct 2024

A broad consensus has been achieved by India and China on restoring the 'ground situation' along the Line of Actual Control (LAC) pursuant to talks, including for patrolling and grazing cattle in the traditional areas, Defence Minister Rajnath Singh said on Thursday.

'Gen Z Want Radical Change In Nepal'

'Gen Z Want Radical Change In Nepal'

Rediff.com11 Sep 2025

'They mean business, but business as usual is unacceptable to them'

Modi@75: The Man Who Changed India

Modi@75: The Man Who Changed India

Rediff.com16 Sep 2025

Let there be no doubt that Modi in these 24 years so far has reshaped politics and governance considerably, if not completely, asserts Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.

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.

'Trump Has No Enemies. He Has No Friends'

'Trump Has No Enemies. He Has No Friends'

Rediff.com17 May 2025

'In the Indian government there are no illusions about the United States reliability or the possibility of having any kind of preferential treatment from Washington when it comes to trade.'

Can China Successfully Challenge The US?

Can China Successfully Challenge The US?

Rediff.com16 Apr 2025

If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.

Indira Gandhi Or Modi: Who's India's Strongest PM?

Indira Gandhi Or Modi: Who's India's Strongest PM?

Rediff.com5 Sep 2025

Mrs Gandhi's power ebbed and peaked with the times. Mr Modi's has almost been constant, barring the few months of hard dip after the 240 seats of 2024, points out Shekhar Gupta.

RBI's decision to hold rate at 5.5% is misplaced? Or not?

RBI's decision to hold rate at 5.5% is misplaced? Or not?

Rediff.com6 Aug 2025

Mixed views were expressed by top economists on the Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to hold the repo rate at 5.5% and maintain a neutral stance. While some say the decision was as expected and one more rate reduction is expected this fiscal, there is also a view that rate cut by MPC was warranted given the evolving global situation.

The Teen Who Built A Tax Education Game

The Teen Who Built A Tax Education Game

Rediff.com5 Aug 2025

Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.

India stopped Op Sindoor on condition that...: Rajnath

India stopped Op Sindoor on condition that...: Rajnath

Rediff.com29 Jul 2025

Defence Minister Rajnath Singh stated India's readiness to assist Pakistan in combating terrorism if it cannot act on its own, highlighting Operation Sindoor as a demonstration of India's capabilities. He also criticized Pakistan's appointment to a UN counter-terrorism committee.

Iran-Israel war could hurt exports; increase freight rates

Iran-Israel war could hurt exports; increase freight rates

Rediff.com15 Jun 2025

The Iran-Israel conflict has further increased global economic uncertainties, impacting world trade, including India's exports, as it is expected to drive up both air and sea freight rates, exporters say. They said that India's exports to Europe and counters like Russia may get impacted due to this war.

India, China leading global economic recovery: UN

India, China leading global economic recovery: UN

Rediff.com26 May 2011

While weaknesses in major developed economies continue to drag the global recovery.

Can Trump's Diplomacy End Ukraine War?

Can Trump's Diplomacy End Ukraine War?

Rediff.com25 Aug 2025

Trump has played throughout his career as a deal-maker who could deliver where others could not, and Ukraine represents the ultimate test of that image, notes Manish Dabhade.

World Bank optimistic about India's economic future

World Bank optimistic about India's economic future

Rediff.com2 Dec 2013

As per the latest government data, India's second quarter economic growth inched up to 4.8 per cent during second quarter (July-September) of 2013-14, well above 4.4 per cent in the first quarter (April-June).

BRICS condemns Pahalgam attack, strikes on Iran

BRICS condemns Pahalgam attack, strikes on Iran

Rediff.com7 Jul 2025

The BRICS nations condemned the Pahalgam terror attack, advocated for a zero-tolerance approach to terrorism, and criticized rising tariffs during their summit in Rio de Janeiro. They also addressed global challenges and called for reforms in international institutions.

Grim global situation casts shadow on Budget 2023

Grim global situation casts shadow on Budget 2023

Rediff.com21 Dec 2022

Ahead of the Union Budget for 2023-24, Budget makers have welcomed the global consensus view that India will remain one of the bright spots in calendar year 2023. But there is some alarm over the grim global situation and how that might impact the Centre's projections and assessments for next financial year. The big global headwinds include a deep and sustained recession in the West, including India's biggest trading partners in North America and Europe, continuing volatility in commodity markets, and renewed Covid-19 fears, as lifting of strict curbs by China could potentially lead to a massive spread again.

'India Is Becoming Super India And Bharat Is Becoming Like Somalia'

'India Is Becoming Super India And Bharat Is Becoming Like Somalia'

Rediff.com8 Jul 2025

'The government's priority is not farmers.'

'India is on a strong footing, economy is resilient'

'India is on a strong footing, economy is resilient'

Rediff.com21 May 2025

'We believe that in the new world order FTAs or bilateral trade agreements (BTAs) are the way forward.' 'They are enablers for our participation in global value chains. Today, around 70 per cent of global trade is tied to these chains.'

Direct negotiation between...: Jaishankar on Trump's truce claim

Direct negotiation between...: Jaishankar on Trump's truce claim

Rediff.com22 May 2025

When asked whether both armies talked to each other, initiated by the Pakistani army, Jaishankar said, "Yes, we have a mechanism to talk to each other as a hotline. So, on the 10th of May, it was the Pakistani army which sent a message that they were ready to stop firing, and we responded accordingly."

Modi arrives in Canada for G7 Summit amid Israel-Iran conflict

Modi arrives in Canada for G7 Summit amid Israel-Iran conflict

Rediff.com17 Jun 2025

The Kananaskis gathering on June 16-17 is the Prime Minister's 6th consecutive participation in the G7 Summit.

What C P Radhakrishnan's Choice Means For Modi, BJP

What C P Radhakrishnan's Choice Means For Modi, BJP

Rediff.com18 Aug 2025

By naming a sworn swayamsevak for vice president, the Modi-Shah duo have sent out a clear and positive message to Nagpur, where the RSS headquarters is located, explains N Sathiya Moorthy.

'According To Govt, There's Hardly Any Poverty'

'According To Govt, There's Hardly Any Poverty'

Rediff.com28 Jul 2025

'All governments are scared of a negative image.' 'Somehow, this government has a tendency to create a narrative that things are improving.' 'When the real data gives a different picture, they are upset.'

Zelenskyy explains war situation, Modi says India willing to help

Zelenskyy explains war situation, Modi says India willing to help

Rediff.com24 Aug 2024

Ukraine and Russia need to engage with each other to find a solution to the ongoing conflict between them, India said on Friday after Prime Minister Narendra Modi held wide-ranging talks with President Volodymyr Zelenskyy in Kyiv under the shadow of the raging war.

What's The Solution To India's Pakistan Problem?

What's The Solution To India's Pakistan Problem?

Rediff.com8 Jul 2025

China and Pakistan are in a tight strategic alliance. India must deal with them one at a time, but be prepared in case they decide to collude, points out Shekhar Gupta.

'I've No Desire To Be Prime Minister'

'I've No Desire To Be Prime Minister'

Rediff.com4 Jul 2025

'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'

Iran shutting Hormuz Strait will impact Indian economy: Experts

Iran shutting Hormuz Strait will impact Indian economy: Experts

Rediff.com22 Jun 2025

The Israel-Iran conflict has entered a 'decisive phase' after the United States bombed three major Iranian nuclear sites Sunday morning, feel strategic affairs experts with some of them arguing it was Washington, DC's 'responsibility' to not get involved in the military standoff.

The Indo-Pak Hyphen Became Blurred

The Indo-Pak Hyphen Became Blurred

Rediff.com12 May 2025

'We are too important to want to be paired with Pakistan but too intensely connected to it to successfully detach ourselves,' asserts Aakar Patel.

'Terror Hasn't Gone Away, But We Have Raised The Cost And Consequences For Pakistan'

'Terror Hasn't Gone Away, But We Have Raised The Cost And Consequences For Pakistan'

Rediff.com23 May 2025

'War is not an answer. War is not a solution.' 'Deterrence is a solution. We should have the stick with us with which we can beat Pakistan.'

'Every Indian Is A Potential Illegal Immigrant'

'Every Indian Is A Potential Illegal Immigrant'

Rediff.com11 Jul 2025

'The long term strategy is that this government wants to create a second class citizen list.'

'If We Want India To Be A Source Of New Ideas...'

'If We Want India To Be A Source Of New Ideas...'

Rediff.com23 Jun 2025

'Despite being a software powerhouse, we're not producing proportionate original IP, frameworks, or global tech products originating in India.'

Military Action Must For Pakistan's Thousand Cuts Strategy

Military Action Must For Pakistan's Thousand Cuts Strategy

Rediff.com9 Jun 2025

We have nothing to gain by raising our concerns internationally as our narrative has got entangled with several controversial concepts in the United Nations, asserts Ambassador T N Sreenivasan.

UN slashes India's economic growth forecast by 20 bps to 5.8% for 2023

UN slashes India's economic growth forecast by 20 bps to 5.8% for 2023

Rediff.com26 Jan 2023

The United Nations on Wednesday pared down India's growth forecast by 20 basis points to 5.8 per cent for 2023 calendar year, citing higher interest rates and risks of recession in the developed world weighing on investment and exports. "Economic growth in India is projected to moderate in 2023, with higher interest rates weighing on investment and slower global growth weakening exports," it said in its latest World Economic Situation and Prospects report. The report has projected global trade to contract 0.4 per cent and the world economy to grow at 1.9 per cent in 2023.

Which is the new battleground in tax disputes?

Which is the new battleground in tax disputes?

Rediff.com25 Jun 2025

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.

'Engaging With The US Is Important'

'Engaging With The US Is Important'

Rediff.com10 Apr 2025

'But I don't think the government is in a great hurry to sign the BTA.'

'Trump's Trade War's Main Target Is China'

'Trump's Trade War's Main Target Is China'

Rediff.com21 Apr 2025

'April 9 announcement of slapping a 125% tariff on Chinese goods has brought the focus back to China, making this new phase feel like a repeat of the original conflict.'