News for 'economic crisis'

Modi reaches Colombo, 10 ambitious outcomes expected

Modi reaches Colombo, 10 ambitious outcomes expected

Rediff.com4 Apr 2025

Prime Minister Narendra Modi's visit to Sri Lanka is expected to yield at least 10 ambitious outcomes, including a defense cooperation agreement and frameworks for deeper engagement in the energy sector. The visit comes at a time when Sri Lanka is recovering from an economic crisis, with India providing significant financial assistance. Modi and Sri Lankan President Anura Kumara Dissanayake will also dedicate several projects built with India's assistance and virtually inaugurate the Sampur solar energy project.

India skips UN resolution on Afghanistan, calls for fresh strategy

India skips UN resolution on Afghanistan, calls for fresh strategy

Rediff.com8 Jul 2025

India abstained from a UN General Assembly vote on a resolution regarding Afghanistan, citing the need for a balanced approach that combines incentives and disincentives, and calling for new initiatives to address the humanitarian crisis.

More Lankan nationals fleeing crisis-hit island nation reach India

More Lankan nationals fleeing crisis-hit island nation reach India

Rediff.com24 Mar 2022

A group of 10 people, including women and children, arrived after getting stranded at fourth island here but were rescued and brought to the shore by the Indian Coast Guard.

UPA put family first during 2008 crisis: Sitharaman

UPA put family first during 2008 crisis: Sitharaman

Rediff.com9 Feb 2024

Union Finance Minister Nirmala Sitharaman on Friday tore into United Progressive Alliance accusing it of economic mismanagement during the 2008 global financial crisis, saying the Congress put the 'first family first' and brought the economy down to 'fragile five'.

Won't allow Lankan soil to be used against India: Prez Disanayaka

Won't allow Lankan soil to be used against India: Prez Disanayaka

Rediff.com17 Dec 2024

Sri Lankan President Anura Kumara Disanayaka assured Prime Minister Narendra Modi that his country's soil will not be used against India's interests, addressing concerns over China's growing influence in Colombo. The two leaders discussed a range of issues, including a defense cooperation agreement, energy ties, and debt restructuring. They also agreed to initiate a ferry service between Rameshwaram and Talaimannar, and to adopt a "humanitarian approach" to the fishermen issue.

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.

Why Is The US So Fond Of Asim Munir?

Why Is The US So Fond Of Asim Munir?

Rediff.com12 Aug 2025

Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the Pakistan desk at RA&W.

'Neither India Or Pakistan Desire Full-Scale War'

'Neither India Or Pakistan Desire Full-Scale War'

Rediff.com10 May 2025

'I am worried that Pakistan will still feel compelled to take substantive military action beyond this apparent drone activity.' 'If so, the crisis could persist for a while more and dangerous days are still ahead.'

Moscow keen on revival of Russia-India-China troika

Moscow keen on revival of Russia-India-China troika

Rediff.com30 May 2025

Russian Foreign Minister Sergey Lavrov alleged that NATO is blatantly trying to lure India into anti-China intrigues.

Foreign Degree Loses Sheen As Students Question Return On Investment

Foreign Degree Loses Sheen As Students Question Return On Investment

Rediff.com4 Aug 2025

The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.

India's population touches 1.46 billion, fertility rate falls

India's population touches 1.46 billion, fertility rate falls

Rediff.com10 Jun 2025

On average, Indian women are having fewer children than needed to maintain the population size from one generation to the next, without migration.

India-Pakistan Conflict Takes Toll On Punjab Trade

India-Pakistan Conflict Takes Toll On Punjab Trade

Rediff.com3 Jun 2025

'Those who call for war from far-off places should realise the repercussions it has on the people who are actually affected.'

Time For India's Defence Reality Check

Time For India's Defence Reality Check

Rediff.com25 Jul 2025

When the technology gap between China and India will remain large, cost-effective hardware of the kind that proved their worth in Operation Sindoor should be our priority, points out R Jagannathan.

'Dr Singh Didn't Take Orders From Sonia Gandhi'

'Dr Singh Didn't Take Orders From Sonia Gandhi'

Rediff.com30 Dec 2024

'Mrs Gandhi had nothing to do in the day-to-day working of Dr Singh's government.' 'People say Mrs Gandhi's office used to give orders, which is nonsense.'

'Trump Wants To Force India To Stop Importing Oil From Russia'

'Trump Wants To Force India To Stop Importing Oil From Russia'

Rediff.com4 Aug 2025

'Trump is likely being purposefully vague, hoping that this lack of clarity will pressure India, fearing the worst, to agree to scale back its imports of Russian oil.'

ED seizes Rs 1.70 cr cash, documents in raids against Jaypee Infra, others

ED seizes Rs 1.70 cr cash, documents in raids against Jaypee Infra, others

Rediff.com26 May 2025

The Enforcement Directorate has said it seized cash of Rs 1.70 crore and documents related to immovable assets during searches conducted against Jaypee Infratech Ltd (JIL), Jaiprakash Associates Ltd (JAL) and other entities in an alleged homebuyers' fraud case linked money laundering investigation. The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on May 23 under the Prevention of Money Laundering Act (PMLA).

India's water crisis detrimental to credit health, warns Moody's

India's water crisis detrimental to credit health, warns Moody's

Rediff.com25 Jun 2024

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.

Will Australia tour crisis-hit Sri Lanka?

Will Australia tour crisis-hit Sri Lanka?

Rediff.com10 May 2022

Cricket Australia is monitoring the situation in Sri Lanka ahead of the tour.

'Band-aid for bullet wounds': Oppn slams Budget, says poll-centric

'Band-aid for bullet wounds': Oppn slams Budget, says poll-centric

Rediff.com1 Feb 2025

India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.

Bangladesh Crisis: India's Two Wheelers Cos To Take Hit

Bangladesh Crisis: India's Two Wheelers Cos To Take Hit

Rediff.com10 Aug 2024

Indian companies also hold a considerable share of the car, bus, and three-wheeler markets in the country.

Israel Took 6 Days, India Nailed In 2!

Israel Took 6 Days, India Nailed In 2!

Rediff.com15 May 2025

'For weeks, months and years, it would continue to be debated if India should have pushed the early advantage and decapacitated Pakistan militarily.' 'India refused to bite the provocatively proverbial bullet and escalate it into a full-fledged war,' notes N Sathiya Moorthy.

Pakistan to Buy 40 Chinese Stealth Fighters

Pakistan to Buy 40 Chinese Stealth Fighters

Rediff.com23 Dec 2024

Pakistan plans to procure 40 jets of advanced Chinese stealth fighter J-35, which, if materialised, will mark the first export of China's latest jet. The sale would mark Beijing's first export of fifth-generation jets to a foreign ally and is expected to recalibrate regional dynamics, particularly in relation to Pakistan's rival India. The acquisition of new aircraft was pursued despite the serious economic crisis faced by Pakistan. China has helped Pakistan to jointly develop and operate the J-17 Thunder fighter jet, the mainstay of the PAF. China has delivered four advanced naval frigates to the Pakistan Navy in the last few years to enable it to play a bigger role along with its navy in the Indian Ocean and Arabian Sea.

India, Sri Lanka sign major defence pact

India, Sri Lanka sign major defence pact

Rediff.com5 Apr 2025

Prime Minister Narendra Modi received a tri-services ceremonial welcome in Colombo, Sri Lanka, marking the first time such an honor has been bestowed upon a foreign leader. The welcome took place at the historic Independence Square, the venue for national day celebrations. Modi's visit comes as Sri Lanka shows signs of recovery from a recent economic crisis, with India playing a significant role in providing assistance. During the visit, both leaders are expected to discuss a range of issues, including defense cooperation, energy, and digital initiatives.

India's exports cross $820 bn in 2024-25: Commerce ministry

India's exports cross $820 bn in 2024-25: Commerce ministry

Rediff.com9 Apr 2025

The country's goods and services exports have crossed $820 billion in 2024-25, marking a nearly 6 per cent increase over the previous fiscal year despite global economic uncertainties, the commerce ministry said on Wednesday. The exports stood at $778 billion in 2023-24.

Global crisis: Indian overseas investments hit

Global crisis: Indian overseas investments hit

Rediff.com18 Aug 2009

The report 'Indian FDI falls in global economic crisis: Indian multinationals tread cautiously' by the Columbia Law School and The Earth Institute at the Columbia University said after growing faster than other emerging markets for some time, Indian investments abroad declined in 2008 and will decline further in 2009 in an uneven pattern.

COVID, economic recovery, racial equality top priorities for Biden, Harris

COVID, economic recovery, racial equality top priorities for Biden, Harris

Rediff.com9 Nov 2020

The Biden team updated its website to showcase four policy areas the incoming administration will prioritise: COVID-19, economic recovery, racial equity and climate change.

Stock Markets Shine Despite Weak Monsoon

Stock Markets Shine Despite Weak Monsoon

Rediff.com11 Jun 2025

Data since 2005 show that the five years with the highest rainfall saw average market returns of 8.98 per cent, while the five driest years returned 25.7 per cent on average.

Marxist leader Anura Dissanayake wins Sri Lanka's presidential vote

Marxist leader Anura Dissanayake wins Sri Lanka's presidential vote

Rediff.com22 Sep 2024

Anura Kumara Dissanayake, the leader of the Marxist Janatha Vimukthi Peramuna's (JVP) broader front National People's Power (NPP), on Sunday consolidated his lead in the Sri Lanka's presidential election.

Four German teams join forces to aid crisis-hit clubs

Four German teams join forces to aid crisis-hit clubs

Rediff.com26 Mar 2020

The German football body will decide on the criteria for the distribution of the solidarity fund.

Photos: America's WORST economic disaster!

Photos: America's WORST economic disaster!

Rediff.com11 Aug 2011

The Great Depression, that began almost 10 years before World War II broke out, is said to be the worst-ever financial crisis that the United States and many other nations across the world ever witness to.

'Marathis Are Anxious About Survival'

'Marathis Are Anxious About Survival'

Rediff.com21 Jul 2025

'Maharashtrians are facing a dual battle -- numerical battle with North Indians and financial battle with Gujaratis and Marwaris.' 'This has created anxiety about survival and ownership over Mumbai and Maharashtra.'

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

Rediff.com14 Jul 2025

64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.

Global economic situation is deeply worrying: PM

Global economic situation is deeply worrying: PM

Rediff.com19 Jun 2012

The economic recovery is faltering and even the fast growing emerging markets are slowing down, says Prime Minister Manmohan Singh.

Will never...: Jaishankar on bid to hyphenate India, Pakistan

Will never...: Jaishankar on bid to hyphenate India, Pakistan

Rediff.com7 Jun 2025

India expects partners to understand its policy of 'zero tolerance' against terrorism, and it will never countenance 'perpetrators of evil' being put on par with its victims, External Affairs Minister S Jaishankar said on Saturday during extensive talks with his British counterpart David Lammy.

Pahalgam attack: Pak seeks 'brotherly' help to cool India tensions

Pahalgam attack: Pak seeks 'brotherly' help to cool India tensions

Rediff.com2 May 2025

Pakistan Prime Minister Shehbaz Sharif has called on "brotherly" countries, including Saudi Arabia, to urge India to de-escalate tensions after the Pahalgam terror attack that killed 26 people. Sharif met with ambassadors from Saudi Arabia, the UAE, and Kuwait, reiterating Pakistan's commitment to peace in South Asia. He rejected India's accusations linking Pakistan to the attack, emphasizing Pakistan's own history as a victim of terrorism. The meeting comes amidst heightened tensions between the two countries.

Pakistan's golden boy receives hero's welcome

Pakistan's golden boy receives hero's welcome

Rediff.com11 Aug 2024

Gold medallist Arshaf Nadeem brings Pakistan's first medal home to hero's welcome

Trump expresses 'keen interest' in trade pact with Pak, hails army chief

Trump expresses 'keen interest' in trade pact with Pak, hails army chief

Rediff.com19 Jun 2025

In a statement after a meeting between Trump and Pakistan Army chief Asim Munir at the White House on Wednesday, the Inter-Services Public Relations -- the media wing of the Pakistan Army -- said they also discussed joint counterterrorism efforts.

'Delaying Military Action Would Keep Pakistan Anxious'

'Delaying Military Action Would Keep Pakistan Anxious'

Rediff.com5 May 2025

'Surgical strikes or air strikes, or both, are likely on the table.'

'Difficult To Trust Yunus Govt In Dhaka'

'Difficult To Trust Yunus Govt In Dhaka'

Rediff.com4 Apr 2025

'It was the hostility of the Yunus regime that made India careful and wary of dealing with them.' 'They gradually backed off and lowered the noise, but the damage was done.' 'Their true colours had been exposed.'

'India-Pakistan Conflict Would Be A Limited One'

'India-Pakistan Conflict Would Be A Limited One'

Rediff.com5 May 2025

'...without massive amounts of force.'