News for 'World Economic Situation'

A War With No Exit Strategy, No Victory To Declare

A War With No Exit Strategy, No Victory To Declare

Rediff.com20 Apr 2026

Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.

Will Trump Attend Islamabad Peace Talks?

Will Trump Attend Islamabad Peace Talks?

Rediff.com15 Apr 2026

The intriguing bit is that Trump is likely to attend the talks in Islamabad this weekend -- if he does, it will be the clearest signal yet that the US is ready to exit the war with some sort of win to show, since he cannot afford to go for the talks and return empty-handed, notes Prem Panicker in his must read blog on the Iran War

India flags maritime security, energy concerns at UK-led West Asia meet

India flags maritime security, energy concerns at UK-led West Asia meet

Rediff.com2 Apr 2026

India's foreign secretary Vikram Misri on Thursday participated in a high-level meeting hosted by the United Kingdom on the evolving situation in West Asia, underlining concerns over maritime security, energy supply disruptions and the need for diplomatic de-escalation.

India's Reliance On Strait Of Hormuz Exceeds Global Average

India's Reliance On Strait Of Hormuz Exceeds Global Average

Rediff.com10 Apr 2026

'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'

Trump's Blinks Bought Time, But What It Doesn't Buy...

Trump's Blinks Bought Time, But What It Doesn't Buy...

Rediff.com22 Apr 2026

...is a way out, notes Prem Panicker in his must read blog on the Iran War. What the indefinite extension produces is a prolonged condition of not-war-not-peace, in which oil markets cannot stabilise, Asian refineries cannot plan, European governments cannot stop subsidising consumption they cannot afford, and the next flashpoint -- a seized tanker, a miscalculated drone strike, a Truth Social post that claims too much -- is one news cycle away.

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.

The US Is Turning The World Topsy-Turvy

The US Is Turning The World Topsy-Turvy

Rediff.com6 Feb 2026

A bewildered world is at a loss to find bilateral and multilateral measures to stop President Trump from pursuing his vision of a world unabashedly dominated by the United States, points out T P Sreenivasan.

Mamla Legal Hai 2 Review: Retains The Show's Winning Streak

Mamla Legal Hai 2 Review: Retains The Show's Winning Streak

Rediff.com3 Apr 2026

Mamla Legal Hai 2 draws humour from its assorted characters, crafting quirky storylines inspired by newspaper headlines, and anchored by consistently strong performances, led by an ever-reliable Ravi Kishan, applauds Sreeju Sudhakaran.

IPL 2026: Bumrah's IPL Record: What 5 Years Show

IPL 2026: Bumrah's IPL Record: What 5 Years Show

Rediff.com23 Apr 2026

Explore the reasons behind Jasprit Bumrah's unexpected struggles in IPL 2026, analysing his past performances and the factors contributing to his current disappointing streak.

Iran opens Hormuz to all commercial ships; Trump hails decision

Iran opens Hormuz to all commercial ships; Trump hails decision

Rediff.com18 Apr 2026

Iran has announced the Strait of Hormuz is open to commercial vessels, coinciding with a ceasefire between Lebanon and Israel.

Indian Navy ships escorting tankers through Strait of Hormuz: Rajnath

Indian Navy ships escorting tankers through Strait of Hormuz: Rajnath

Rediff.com2 Apr 2026

Defence Minister Rajnath Singh assures India's energy security amidst West Asia tensions, highlighting naval protection of tankers and readiness to counter cross-border terrorism.

Youth & Experience: Meet India's World Cup 15

Youth & Experience: Meet India's World Cup 15

Rediff.com4 Feb 2026

Defending champions India have unveiled a well-rounded 15-member squad for the upcoming ICC Men's T20 World Cup

Can Pakistan's outreach to Egypt, Turkiye, Saudi calm West Asia?

Can Pakistan's outreach to Egypt, Turkiye, Saudi calm West Asia?

Rediff.com29 Mar 2026

Pakistan's Foreign Minister Ishaq Dar met with his counterparts from Egypt and Turkiye in Islamabad ahead of a quadrilateral summit, including Saudi Arabia, to discuss the ongoing conflict in West Asia and explore avenues for peace.

Gulf War: Bombing Won't Make Iran Surrender

Gulf War: Bombing Won't Make Iran Surrender

Rediff.com24 Mar 2026

It is time for India to step up and get Russia, China and Europe to agree to a joint appeal to all combatants. Time is of essence, tomorrow may be too late, asserts Colonel Anil A Athale, former head of the history division, ministry of defence.

The Most Vicious Phase Of The War Is About To Begin

The Most Vicious Phase Of The War Is About To Begin

Rediff.com4 Apr 2026

The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.

'Strait of Hormuz closed to Iran's enemies only'

'Strait of Hormuz closed to Iran's enemies only'

Rediff.com22 Mar 2026

Ali Mousavi stated that such cooperation is essential for maintaining stability in the strategic waterway.

Iran has not closed Hormuz: Supreme leader's India representative

Iran has not closed Hormuz: Supreme leader's India representative

Rediff.com13 Mar 2026

Iran has not closed the Strait. It remains open; however, due to current conditions and circumstances, ships are unable to pass through the Hormuz. Otherwise, Iran never wanted the Strait to be closed or blocked, the supreme leader's representative said.

Trump urges countries to send warships to open Hormuz Strait

Trump urges countries to send warships to open Hormuz Strait

Rediff.com14 Mar 2026

Trump also called upon China, France, and Japan, among others, to send ships to the Strait of Hormuz.

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.

Don't Expect Too Much From Islamabad Summit

Don't Expect Too Much From Islamabad Summit

Rediff.com10 Apr 2026

The core issues to be settled -- access to Hormuz, Israel's aggression in Lebanon, the question of Iran's nuclear programme, sanctions relief and compensation -- are thorny enough to require weeks of patient negotiation. The most likely outcome of the opening sessions is that both sides take the measure of each other, establish what is and is not negotiable, and return home without having broken anything. That would count as progress.

Rahul wearing T-shirt in Parliament is not nice: Rijiju

Rahul wearing T-shirt in Parliament is not nice: Rijiju

Rediff.com26 Mar 2026

Union Minister Kiren Rijiju criticises Congress leader Rahul Gandhi's parliamentary conduct, accusing him of being unduly influenced by advisors and questioning his casual attire in the House.

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed Parliament on the West Asia crisis, advocating for dialogue and diplomacy, ensuring the safety of Indians in the region, and addressing concerns about fuel and food security.

Trump seeks allies' help in Strait of Hormuz; Japan, Australia say NO

Trump seeks allies' help in Strait of Hormuz; Japan, Australia say NO

Rediff.com16 Mar 2026

Amid escalating tensions with Iran, President Trump is urging nations dependent on Middle Eastern oil to deploy warships to the Strait of Hormuz to safeguard critical global energy supplies.

'We are friends': Iran envoy assures Hormuz passage for Indian ships

'We are friends': Iran envoy assures Hormuz passage for Indian ships

Rediff.com14 Mar 2026

Fathali further stated that Tehran has instructed its embassy in India to facilitate the Indian government, ensuring smooth operations amid the ongoing regional conflict.

'Just for fun': Trump warns of more strikes on Iran's Kharg Island

'Just for fun': Trump warns of more strikes on Iran's Kharg Island

Rediff.com15 Mar 2026

US President Donald Trump indicated the possibility of further military operations against Iran's Kharg Island, a key oil export hub, claiming previous strikes had significantly damaged its infrastructure.

Neither Israel Nor Iran Wants A Quick End To The War

Neither Israel Nor Iran Wants A Quick End To The War

Rediff.com23 Mar 2026

Israel wishes to continue its bombing campaign until Iran's military and industrial infrastructure are degraded to a point where it ceases to pose a threat to Israel. Iran, for its part, has learnt from its experience in the 12-day war of last June. Any ceasefire, it believes, will only be a prelude to another attack on itself. It is determined to convey that any attack on Iran will impose heavy costs on Israel, the US, America's allies in the Gulf -- and on the world at large, points out T T Ram Mohan.

Hormuz Crisis Threatens Global Economy

Hormuz Crisis Threatens Global Economy

Rediff.com12 Mar 2026

When missiles fly in this region, they are never just aimed at military targets.

CCS assesses West Asia crisis, orders steps to help stranded Indians

CCS assesses West Asia crisis, orders steps to help stranded Indians

Rediff.com2 Mar 2026

The Cabinet Committee on Security (CCS) has reviewed the evolving situation in West Asia, directing departments to assist Indian nationals affected by recent developments and emphasizing the need for dialogue and diplomacy.

Iran Crisis: 'No Nation More Exposed Than India'

Iran Crisis: 'No Nation More Exposed Than India'

Rediff.com27 Mar 2026

'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'

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.

Gulf War: US, Israel Didn't Expect This To Happen

Gulf War: US, Israel Didn't Expect This To Happen

Rediff.com27 Mar 2026

The United States, which entered this war in expectation of a short, sharp win along the Venezuela model, is now preparing for deeper involvement in a conflict it does not fully control, without the allies it typically relies on, against an adversary that is not behaving as expected, in a global environment that is already absorbing economic shock. Prem Panicker continues his must read daily blog on the Gulf War.

'Indian Army Has Free Hand To Deal With China'

'Indian Army Has Free Hand To Deal With China'

Rediff.com17 Feb 2026

'After the Galwan clash, the rules of engagement changed with the army commanders allowed to use any means at their disposal as they deem fit for tactical operations.'

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?

Jaishankar explains why India let Iran warship dock in Kochi

Jaishankar explains why India let Iran warship dock in Kochi

Rediff.com7 Mar 2026

External Affairs Minister S Jaishankar affirms India's self-determined and 'unstoppable' rise, emphasising the nation's strategic growth and role in the Indian Ocean region amid evolving global dynamics.

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.

'Stay In Your Lane': Miller On How SA Crushed India

'Stay In Your Lane': Miller On How SA Crushed India

Rediff.com23 Feb 2026

David Miller says India are beatable if teams keep it simple and execute under pressure after South Africa's 76-run win in the T20 World Cup.

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.

'There Could Be More Violence In Pakistan'

'There Could Be More Violence In Pakistan'

Rediff.com18 Mar 2026

'TTP has vowed to take revenge for the attacks that Pakistan is carrying out against Afghanistan.' 'To diminish this threat, Pakistan is hitting Afghanistan hard.'

Champions RCB Primed For IPL 2026 with Depth And Firepower

Champions RCB Primed For IPL 2026 with Depth And Firepower

Rediff.com24 Mar 2026

Defending champions RCB head into IPL 2026 with a balanced squad, strong batting core and pace attack, aiming for back-to-back titles after their historic 2025 triumph.

Trump's Pause Gives Iran NOTHING!

Trump's Pause Gives Iran NOTHING!

Rediff.com25 Mar 2026

The pause gives the US time to breathe, to regroup, to move its expeditionary force into position without risk of interception along the way. It gives Iran nothing -- on the ground, attacks against its infrastructure continue apace. Prem Panicker in his must read daily blog on the Gulf War.