News for 'economic crisis'

Opposition Accuses Government of Lacking Energy Security Policy Amidst Rising LPG Prices

Opposition Accuses Government of Lacking Energy Security Policy Amidst Rising LPG Prices

Rediff.com17 Mar 2026

Opposition MPs in the Rajya Sabha criticised the Modi government's economic policies, citing the LPG crisis, lack of energy security, and concerns over the Economic Stabilisation Fund.

Trump yet to decide as US mulls weekend strike on Iran

Trump yet to decide as US mulls weekend strike on Iran

Rediff.com19 Feb 2026

White House Press Secretary Karoline Leavitt noted that progress has been made in the Geneva talks with Iranian authorities, but the two nations stand 'far apart' on certain issues.

Govt ready with corrective steps: Union minister on West Asia conflict

Govt ready with corrective steps: Union minister on West Asia conflict

Rediff.com30 Mar 2026

The Indian government has implemented several measures to mitigate external risks, support the balance of payments, and maintain macroeconomic stability amidst the ongoing West Asia crisis, according to Minister of State for Finance Pankaj Chaudhary.

Amid uncertainty over US-Iran talks, India says...

Amid uncertainty over US-Iran talks, India says...

Rediff.com10 Apr 2026

External Affairs Minister S Jaishankar addresses the Indian Ocean Conference, expressing deep concern over the West Asia conflict and its economic repercussions on energy, trade, and food security. India calls for a swift return to peace and opposes targeting civilians and infrastructure.

Office construction activity declines to four-quarter low

Office construction activity declines to four-quarter low

Rediff.com21 Apr 2026

New completions in India's office real estate sector fell by 36 per cent to 9.7 million square feet in Q1 2026, the lowest in four quarters, primarily due to developers adopting a cautious stance amid global uncertainties, particularly in Bengaluru, Hyderabad, and Mumbai. Despite this, office absorption increased by 20 per cent, indicating strong occupier demand.

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.

Sri Lanka Establishes Emergency Hotlines Amid West Asia Crisis

Sri Lanka Establishes Emergency Hotlines Amid West Asia Crisis

Rediff.com28 Feb 2026

Sri Lanka has established emergency hotlines and is closely monitoring the situation in West Asia following escalating tensions, urging restraint and de-escalation from all parties involved.

India sees no signs of economic crisis abating

India sees no signs of economic crisis abating

Rediff.com6 Feb 2009

With the financial meltdown eating into global economic growth, including India's own, External Affairs Minister Pranab Mukherjee, who also holds the finance portfolio, warned that ignoring rural economy could prove to be disastrous. "Global financial institutions need to put more resources for developing countries in rural economy, build social infrastructure... The government will take further steps to ensure labour-intensive sectors are less adversely affected," he said.

War In The Strait Has Reached A Condom Factory!

War In The Strait Has Reached A Condom Factory!

Rediff.com24 Apr 2026

Karex, the Malaysian company that makes roughly one in five of the world's condoms -- about five billion a year, supplying Durex and Trojan among others -- announced this week that it is raising prices by up to 30 percent. The reason is the Strait of Hormuz.

Tamil Nadu Elections: Vanniyars Hold Key To 70-75 Seats

Tamil Nadu Elections: Vanniyars Hold Key To 70-75 Seats

Rediff.com23 Apr 2026

The Vanniyar vote can tip the balance in 70 to 75 assembly constituencies of the 234 in the state, mainly in the Ranipet, Vellore, Thiruppathur, Krishnagiri, Dharmapuri, Tiruvannamalai, Arani, Villupuram and Kallakurichi districts.

Iran offers 'new proposal' to US to end war, reopen Hormuz

Iran offers 'new proposal' to US to end war, reopen Hormuz

Rediff.com27 Apr 2026

In a significant diplomatic manoeuvre aimed at de-escalating regional tensions, Iran has reportedly submitted a "new proposal" to the United States through Pakistani intermediaries.

PM Modi Highlights Worrisome West Asia Situation and Impact on India

PM Modi Highlights Worrisome West Asia Situation and Impact on India

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.

PM Modi Highlights Worrisome West Asia Situation and Impact on India

PM Modi Highlights Worrisome West Asia Situation and Impact on India

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.

Elon Musk joined Trump-Modi phone call on Gulf War: Report

Elon Musk joined Trump-Modi phone call on Gulf War: Report

Rediff.com28 Mar 2026

Elon Musk reportedly participated in a phone call between US President Donald Trump and Indian Prime Minister Narendra Modi to discuss the Iran crisis, raising questions about his involvement in diplomatic discussions.

Sensex P/E valuations lowest since May '20 amid FPI selloff

Sensex P/E valuations lowest since May '20 amid FPI selloff

Rediff.com6 Apr 2026

The benchmark BSE Sensex's trailing 12-month price-to-earnings (P/E) multiple has declined to 20.2x, its lowest since May 2020, driven by a record $42 billion FPI selloff since September 2024 and concerns over corporate earnings and economic growth.

If not weaponised, everything today is being...: Jaishankar

If not weaponised, everything today is being...: Jaishankar

Rediff.com4 Apr 2026

External Affairs Minister S Jaishankar stated that India has demonstrated resilience in the face of recent global shocks, including the conflict in West Asia, while speaking at the convocation ceremony of IIM Raipur. He emphasised the importance of building national capabilities to de-risk and develop leverage in a changing global order.

Why Did India Not Stop The War?

Why Did India Not Stop The War?

Rediff.com16 Apr 2026

India is one of the few nations, and perhaps the only nation, that has good relations with America, Israel and Iran. Knowing that a war in the Gulf would damage our economy, hurt supply of fertilisers and fuel, and cause general chaos, we should have tried to ensure this war did not begin, asserts Aakar Patel.

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.'

US doesn't want negotiation, they want to...: Iran

US doesn't want negotiation, they want to...: Iran

Rediff.com14 Apr 2026

Representative of Iran's Supreme Leader in India, Abdul Majid Hakeem Ilahi, expressed doubts about the United States' intentions regarding negotiations, citing conflicting actions and a desire to force Iran into accepting US demands.

'Influence Of The US Is Diminishing'

'Influence Of The US Is Diminishing'

Rediff.com28 Apr 2026

'It was diminishing even before Trump came to power.' 'The US was at the centre of the global economy. That position is going to become less and less important and less central.'

Modi Slams TMC For Corruption, Infiltration In Bengal

Modi Slams TMC For Corruption, Infiltration In Bengal

Rediff.com24 Apr 2026

Prime Minister Narendra Modi launched a scathing attack on the TMC, accusing the party of looting West Bengal for 15 years, destroying the state's identity through corruption and infiltration, and turning Jadavpur University into a symbol of disorder.

Iran war: Fiscal pressures on govt may mount next FY, say experts

Iran war: Fiscal pressures on govt may mount next FY, say experts

Rediff.com19 Mar 2026

Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.

Landmark Study Assesses Reproducibility in Social and Behavioural Science Research

Landmark Study Assesses Reproducibility in Social and Behavioural Science Research

Rediff.com3 Apr 2026

A major US study has assessed the reproducibility of research papers in the social sciences, revealing insights into the credibility of findings and highlighting challenges in replicating results.

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.

Emergency in Lanka, 2nd time in a month amid protests over economic crisis

Emergency in Lanka, 2nd time in a month amid protests over economic crisis

Rediff.com6 May 2022

Rajapaksa's decision was to ensure public security and maintain essential services so as to ensure a smooth functioning of the country, the presidential media division said.

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.

Argentina Steps Up LPG Supply To India

Argentina Steps Up LPG Supply To India

Rediff.com23 Mar 2026

Argentina has significantly increased its LPG exports to India to help mitigate shortages caused by the ongoing conflict in West Asia. This partnership is becoming increasingly important for India's energy security.

'India Playing A Chess Game In Nepal'

'India Playing A Chess Game In Nepal'

Rediff.com24 Apr 2026

'Nepal today is far more aware, self-confident, aspirational, and assertive.' 'India's policy so far has not been geared to this shift. It is time to redraw our Nepal strategy.'

Manufacturing Boosts India's Industrial Production to 5.2% in February

Manufacturing Boosts India's Industrial Production to 5.2% in February

Rediff.com30 Mar 2026

India's industrial production saw a 5.2 per cent increase in February, primarily fuelled by a significant improvement in the manufacturing sector, with 14 out of 23 industry groups recording positive growth.

Democrats Demand Trump's Removal After 'Civilisation' Threat to Iran

Democrats Demand Trump's Removal After 'Civilisation' Threat to Iran

Rediff.com8 Apr 2026

US President Donald Trump's threats against Iran have drawn strong condemnation from Democrat leaders, who are calling for his removal from office, while some Republicans express concern.

India's Infrastructure Growth Dips Amid Output Contraction

India's Infrastructure Growth Dips Amid Output Contraction

Rediff.com20 Mar 2026

Production growth in India's eight core infrastructure sectors slowed to a three-month low of 2.3 per cent in February, impacted by contractions in crude oil, natural gas, and refinery products output.

Buy from US or 'get your own oil' from Hormuz, Trump tells allies

Buy from US or 'get your own oil' from Hormuz, Trump tells allies

Rediff.com31 Mar 2026

Trump's remarks marks one of the most direct rebukes yet from Washington to its allies over their refusal to support US-led military operations in Iran and over the energy crisis triggered by disruptions in the Persian Gulf.

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com21 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.

Why Shiv Sena MP Milind Deora Is Against Weight-Loss Drugs

Why Shiv Sena MP Milind Deora Is Against Weight-Loss Drugs

Rediff.com9 Apr 2026

'The unregulated marketing has to stop. People are getting recommendations for this from gym trainers, from marriage counsellors -- that is simply unacceptable.' ''There are many ways to lose weight -- eat less, fast, exercise, eat healthy. That is how you lose weight.'

KV Kamath Emphasises AI Application and Education Reform for India's Future

KV Kamath Emphasises AI Application and Education Reform for India's Future

Rediff.com9 Apr 2026

Veteran banker K V Kamath stresses the importance of reskilling and education reforms to leverage artificial intelligence (AI) in India, advocating for practical applications over expensive foundational models.

Landmark Study Assesses Reproducibility in Social Sciences

Landmark Study Assesses Reproducibility in Social Sciences

Rediff.com3 Apr 2026

A seven-year study analysing thousands of social science research papers reveals insights into the reproducibility and robustness of findings in the field.

Global economic crisis far from over:UN trade body

Global economic crisis far from over:UN trade body

Rediff.com9 Sep 2009

Predicting a gloomy economic future, a top United Nations trade and development agency today said the governments still have a long way to go to tide over the financial crisis.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

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.

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.