News for 'World Economic Situation'

Spain's rebel players report for training under sanctions threat

Spain's rebel players report for training under sanctions threat

Rediff.com19 Sep 2023

Jenni Hermoso, the player at the centre of the scandal after Rubiales grabbed her head and kissed her on her lips, sparking fury over sexist attitudes toward women footballers, on Monday accused the RFEF of trying to divide and manipulate the players.

'Nothing honorable about this killing'

'Nothing honorable about this killing'

Rediff.com12 Jan 2024

'Find a name that changes the words honor killing and hopefully it includes the word murder.' 'If you use the words, you are trying to justify the murders.'

Will 2024 be a happy year for equity investors?

Will 2024 be a happy year for equity investors?

Rediff.com31 Dec 2023

tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.

Can Modi Halt The Brutal Ukraine War?

Can Modi Halt The Brutal Ukraine War?

Rediff.com2 Nov 2022

India has maintained communication with both Russia and Ukraine. It is time Narendra Modi steps up on the world stage and plays the role of peacemaker, suggests military historian Colonel Anil A Athale (retd).

This is the best time to invest in India: Modi

This is the best time to invest in India: Modi

Rediff.com17 Jan 2022

Citing India's commitment to deep economic reforms and ease of doing business, Prime Minister Narendra Modi asserted on Monday that this is the best time to invest in the country as policy-making is focussed on the needs for the next 25 years for a 'clean and green' as well as 'sustainable and reliable' growth period. In his special address to the World Economic Forum's online Davos Agenda 2022 summit, Modi underlined a host of reform measures undertaken by his government to stress that it has worked to reduce the administration's interference in business by deregulating many sectors and to clear the way for free trade agreements with different countries. India was once associated with "license raaj", he noted and highlighted the measures, including reduction of corporate tax to boost business and doing away with over 25,000 compliance requirements.

Jaishankar meets Russian FM Lavrov ahead of G20 meet

Jaishankar meets Russian FM Lavrov ahead of G20 meet

Rediff.com1 Mar 2023

External Affairs Minister S Jaishankar on Wednesday held wide-ranging talks with his Russian counterpart Sergey Lavrov focusing on the Ukraine conflict, bilateral ties and issues relating to the G20 foreign ministers' meeting.

Interim Budget: No, Just A True Vote On Account!

Interim Budget: No, Just A True Vote On Account!

Rediff.com1 Feb 2024

She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.

Modi thanks Qatari Emir for release of Navy veterans

Modi thanks Qatari Emir for release of Navy veterans

Rediff.com16 Feb 2024

Prime Minister Narendra Modi on Thursday thanked Qatari Emir Sheikh Tamim bin Hamad Al-Thani for the release of eight Indian nationals, who were sentenced to death after being arrested in Doha in August 2022.

RBI likely to raise key policy rate by at least 35 bps

RBI likely to raise key policy rate by at least 35 bps

Rediff.com1 Aug 2022

Days after the US Fed raised the interest rate, the RBI may go in for its third consecutive policy rate hike by at least 35 basis points to check high retail inflation, experts said. The central bank has already announced to gradually withdraw its accommodative monetary policy stance. The Reserve Bank of India's rate-setting panel -- the Monetary Policy Committee -- will meet for three days from August 3 to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.

India's economy to slow down in 2023-24. Survey reveals all

India's economy to slow down in 2023-24. Survey reveals all

Rediff.com31 Jan 2023

Following are the highlights of the Economic Survey 2022-23 tabled in Parliament on Tuesday

'We are in an economic crisis'

'We are in an economic crisis'

Rediff.com12 Feb 2020

'The slowdown is likely to continue.'

G20 Summit: Dream Come True For India

G20 Summit: Dream Come True For India

Rediff.com11 Sep 2023

India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.

'China will be given a bloody nose'

'China will be given a bloody nose'

Rediff.com23 Feb 2024

'They will continue to keep pricking at places where both of us are sensitive and keep the LAC alive.'

For Pak, Modi isn't a partner for talks, but did see it in Manmohan, Vajpayee

For Pak, Modi isn't a partner for talks, but did see it in Manmohan, Vajpayee

Rediff.com20 Jan 2023

Her comments come days after Pakistan's Prime Minister Shehbaz Sharif sought "serious" and "sincere" talks with his Indian counterpart for the resolution of the "burning" issues, including Kashmir.

Economic crisis? Indian IT can survive it

Economic crisis? Indian IT can survive it

Rediff.com17 Mar 2009

Indian IT companies, which participated in the CeBIT 2009 in Hannover, expressed confidence that innovative skills of the software engineers and IT professionals along with their ability to adapt to the rapidly changing situation in the markets around the world will help cushion the impact of the global economic meltdown on the industry in India.

India Needs Insulation From Grey Rhinos

India Needs Insulation From Grey Rhinos

Rediff.com27 Jun 2023

India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.

'Netanyahu cannot eradicate Hamas'

'Netanyahu cannot eradicate Hamas'

Rediff.com6 Nov 2023

'Assassinating the leaders of an organisation, destroying their homes, buildings and institutions are not 'wiping out' an organisation.' 'Genociding the Lebanese or the Palestinians is something that Israel cannot technically do, let alone morally afford.'

G20 Summit: Russia, West claim vindication of each other's Ukraine stand

G20 Summit: Russia, West claim vindication of each other's Ukraine stand

Rediff.com11 Sep 2023

At a media briefing, French President Emmanuel Macron said the G20 leaders' declaration "confirms" Russia's isolation for its attack on Ukraine and that the bloc is committed to "just and lasting" peace in the war-torn country.

How Vizhinjam Port Can Change India's Shipping Fortunes

How Vizhinjam Port Can Change India's Shipping Fortunes

Rediff.com17 Oct 2023

'It will be important strategically and geographically because there is no port in India which is as close to the international shipping route as Vizhinjam.'

Modi flags off Kerala's 1st Vande Bharat train, launches Kochi Water Metro

Modi flags off Kerala's 1st Vande Bharat train, launches Kochi Water Metro

Rediff.com25 Apr 2023

Kerala Governor Arif Mohammed Khan, Chief Minister Pinarayi Vijayan and Congress MP Shashi Tharoor were also present with the PM as he interacted with the students inside the train.

Governor Das against pause in rate hikes: MPC minutes

Governor Das against pause in rate hikes: MPC minutes

Rediff.com21 Dec 2022

In a tightening cycle, a premature pause in monetary policy action would be a costly policy error, Reserve Bank Governor Shaktikanta Das opined while voting along with five other members of the MPC for raising the key lending rate by 35 basis points earlier this month, according to the minutes of the meeting released on Wednesday. Prior to the December hike in repo rate, the RBI had raised the key short-term lending rate by 190 bps in four tranche.

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Rediff.com4 Apr 2024

Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.

Ukraine war an important point of discussion at G20 FMs' meet: India

Ukraine war an important point of discussion at G20 FMs' meet: India

Rediff.com1 Mar 2023

Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.

Neeraj to spearhead 22-member Indian team at World Athletics

Neeraj to spearhead 22-member Indian team at World Athletics

Rediff.com1 Jul 2022

Jeswin Aldrin, who had already qualified for the championships, however missed the cut.

'Ram Mandir Is With 2024 Election In Mind'

'Ram Mandir Is With 2024 Election In Mind'

Rediff.com24 Jan 2024

'We should not underestimate the power of Hindutva.'

'90% of India wants the lockdown to go'

'90% of India wants the lockdown to go'

Rediff.com12 Aug 2020

'When you don't have food to eat, will you be worried about the virus or the next meal?'

When Some Speak For All

When Some Speak For All

Rediff.com19 Jan 2024

...close to the 2024 general election. The BJP calling the Congress 'seasonal Hindu' is as laughable as the saffron party sparing itself the title of 'seasonal extreme Hindu.'

How else should one describe its election campaigns of the past years?
It was typically obsessive religion and personality cult with economic development for fig leaf, asserts Shyam G Menon.

'India is on a good wicket now'

'India is on a good wicket now'

Rediff.com10 Jan 2023

'The pitch for India is flat, the ball for India is old, the sun for India is out, and the bowlers are not bowling too well.' 'I think only we can get ourselves out.'

Shinde's Maratha Reservation Dilemma

Shinde's Maratha Reservation Dilemma

Rediff.com23 Dec 2023

Any move of the present government to appease the Marathas may boomerang. Eknath Shinde is a worried man with the agitation not having an easy solution, notes Ramesh Menon.

'Clearly unacceptable': India's strong words at UN on Gaza war

'Clearly unacceptable': India's strong words at UN on Gaza war

Rediff.com10 Jan 2024

'The message that India has conveyed since the start of this conflict is clear and consistent. It is important to prevent escalation to ensure continued delivery of humanitarian aid and to work towards an early restoration of peace and stability. A peaceful resolution of the conflict through dialogue and diplomacy is the only way forward'

Lockdown compounding woes of poor: Antony

Lockdown compounding woes of poor: Antony

Rediff.com10 May 2020

Noting that the situation on the ground was "very difficult", the Congress leader said it was high time the prime minister announced a relief package for the poor and a financial stimulus for the economy.

'Nitish, Mamata, Stalin Don't Know India'

'Nitish, Mamata, Stalin Don't Know India'

Rediff.com7 Sep 2023

'Does anyone understand India?' 'Does anyone have a larger perspective for India as a whole?' 'Today we have rulers who do not understand the ruled.'

India's economy robust; growth story intact: FM

India's economy robust; growth story intact: FM

Rediff.com19 Aug 2011

Finance Minister Pranab Mukherjee on Friday asserted that India's economy is 'robust' and its growth story is intact, amid fears of another global economic turmoil that sent the world stocks into a tailspin.

Indian economy to grow by 8.8% in FY21, ahead of China: IMF

Indian economy to grow by 8.8% in FY21, ahead of China: IMF

Rediff.com13 Oct 2020

The Indian economy, severely hit by the coronavirus pandemic, is projected to contract by a massive 10.3 per cent this year, the International Monetary Fund said on Tuesday. However, India is likely to bounce back with an impressive 8.8 per cent growth rate in 2021, thus regaining the position of the fastest growing emerging economy, surpassing China's projected growth rate of 8.2 per cent, the IMF said in its latest 'World Economic Outlook' report.

'India must have its place in the sun'

'India must have its place in the sun'

Rediff.com18 Sep 2023

'China seems more intent on creating a new world order rather than shaping the existing one.' 'India is of course, at this moment in time, aligned with the West-led order because of China's full-spectrum aggressive behaviour towards India.'

Rupee expected to weaken more to touch $83.5, may improve in Sep

Rupee expected to weaken more to touch $83.5, may improve in Sep

Rediff.com28 Aug 2023

The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business Standard poll of analysts. The Indian rupee hit an all-time low recently, closing at 83.15 per dollar. Five of the 10 respondents said the Indian currency might touch 83.5 per dollar in August itself, while others said the worst could be over.

Tesla looking at sourcing components worth about $1.9 bn from India: Goyal

Tesla looking at sourcing components worth about $1.9 bn from India: Goyal

Rediff.com13 Sep 2023

US-based electric vehicle maker Tesla is looking to source components worth around $1.9 billion this year against $1 billion last year, Commerce and Industry Minister Piyush Goyal said on Wednesday. The minister said that going forward, demand for electric vehicles will increase and it will help in pushing the growth of the sector. "Tesla already last year bought one billion dollars of components from I think all of you sitting here.... I have the list of companies who supply to Tesla.

'They killed my mum and dad'

'They killed my mum and dad'

Rediff.com30 Oct 2023

'2,665 children killed. 2,665 cheeky smiles, 2,665 dreams of tomorrow, 2,665 favourite cartoon characters, 2,665 favourite meals, 2,665 someone's everything.'

How India can become a world power

How India can become a world power

Rediff.com8 Apr 2019

'Unless we start making the products we need, we cannot become a developed country or call ourselves an economic power.'