News for 'economic crisis'

BJP govt responsible for coronavirus crisis: Kamal Nath

BJP govt responsible for coronavirus crisis: Kamal Nath

Rediff.com12 Apr 2020

He alleged that the people of Madhya Pradesh were 'befooled' by the saffron party as there was no council of ministers or a health or home minister in place in the state amid the crisis due to the coronavirus outbreak.

India denies reports of sending troops to Sri Lanka

India denies reports of sending troops to Sri Lanka

Rediff.com11 May 2022

'The High Commission would like to categorically deny speculative reports in sections of media and social media about #India sending her troops to Sri Lanka. These reports and such views are also not in keeping with the position of the Government of #India,' the Indian mission said on Twitter.

Rajapaksa staying in Bangkok hotel under tight security: Report

Rajapaksa staying in Bangkok hotel under tight security: Report

Rediff.com12 Aug 2022

Rajapaksa arrived in Thailand with three other people on a chartered flight from Singapore at Wing 6 of the military airport adjacent to Don Mueang International Airport around 8 pm local time on Thursday.

Gotabaya lands in Thailand after Singapore visa expires

Gotabaya lands in Thailand after Singapore visa expires

Rediff.com11 Aug 2022

Sri Lanka's ousted president Gotabaya Rajapaksa left Singapore for Thailand after his short-term visit pass expired on Thursday, according to a media report.

Biden drops out of presidential race, endorses Kamala Harris

Biden drops out of presidential race, endorses Kamala Harris

Rediff.com22 Jul 2024

Embattled US President Joe Biden on Sunday announced that he will end his candidacy for re-election in 2024 and endorsed Vice President Kamala Harris as the Democratic Party's new nominee, saying "it is in the best interest of my party and the country".

Protesters claim to have found 17.85 mn rupees in Rajapaksa's house

Protesters claim to have found 17.85 mn rupees in Rajapaksa's house

Rediff.com10 Jul 2022

A video is being shared on social media showing the protesters counting the currency notes that were unearthed. The recovered money was said to be handed over to the security units, the Daily Mirror newspaper reported.

Crisis: What should the new RBI governor do?

Crisis: What should the new RBI governor do?

Rediff.com3 Sep 2013

Raghuram Rajan will take over as RBI Governor on September 4 at a time when the country is facing a grave economic crisis.

China lauds India's 'great efforts' to help Lanka, says S Asia its priority

China lauds India's 'great efforts' to help Lanka, says S Asia its priority

Rediff.com8 Jun 2022

Rajapaksa said China indicated that it would help Sri Lanka, while adding that "usually they don't like" lending out more money to cover earlier debt payments.

Russia-Ukraine crisis: India's tea exports likely to be hit

Russia-Ukraine crisis: India's tea exports likely to be hit

Rediff.com24 Feb 2022

Tea planters and exporters are "extremely worried" over the possible impact on their shipments to Russia, India's second largest buyer of tea, in the wake of the Russia-Ukraine crisis. Western sanctions and disruption of payments in dollars as well as transhipments to Russia are expected as a fall-out of Russia launching an attack on Ukraine on Thursday. "The Russian market for Indian tea is extremely important as there are payment issues for shipments to Iran, another vital tea export destination. "Around 18 per cent of India's tea shipments go to Russia," India Tea Association chairperson Nayantara Palchoudhuri told PTI.

Why Jayasuriya Thanked Modi

Why Jayasuriya Thanked Modi

Rediff.com8 Apr 2022

''As a neighbour and a big brother of our country, India has always helped us.'

Lankan Prez flies to Singapore from Maldives

Lankan Prez flies to Singapore from Maldives

Rediff.com14 Jul 2022

Rajapaksa has departed from the Maldives on Saudi Airline flight SV 788 to Singapore, sources said.

India, China key to check global crisis:World Bank

India, China key to check global crisis:World Bank

Rediff.com4 Sep 2009

"We can no longer rely on the US consumer to sustain global growth. We need multiple poles of growth," Zoellick told reporters at a news conference in Beijing.

NSA Ajit Doval to visit Russia to attend BRICS meet

NSA Ajit Doval to visit Russia to attend BRICS meet

Rediff.com8 Sep 2024

The Meeting of BRICS and BRICS Plus High-Level Security Officials is scheduled to be held in St Petersburg from September 10-12.

Ex-Lanka Prez gets govt bungalow, special security on return

Ex-Lanka Prez gets govt bungalow, special security on return

Rediff.com3 Sep 2022

The ex-president returned to Sri Lanka on a Singapore Airlines flight.

Help clean up the economic mess: IMF to G-20

Help clean up the economic mess: IMF to G-20

Rediff.com28 Mar 2009

Observing that the world is at a crossroads now as it faces the greatest economic crisis in 60 years, the IMF managing director Dominique Strauss-Kahn said at a news conference that the G-20 leaders have the opportunity to spur a recovery next year if they take the right action.

In touch with India, China, Brazil over Ukraine conflict: Putin

In touch with India, China, Brazil over Ukraine conflict: Putin

Rediff.com5 Sep 2024

Putin's remarks came within two weeks after Prime Minister Narendra Modi's historic visit to Ukraine where he held talks with President President Volodymyr Zelenskyy.

Will Poll Gamechanger Laadki Bahin Continue?

Will Poll Gamechanger Laadki Bahin Continue?

Rediff.com26 Nov 2024

'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'

Chris Wood trims exposure to Indian equities by 1 point

Chris Wood trims exposure to Indian equities by 1 point

Rediff.com3 Oct 2024

Global head of equity strategy at Jefferies, Christopher Wood, has cut his exposure to Indian equities by one percentage point in the Asia-Pacific ex-Japan relative-return portfolio, and Australia and Malaysia by half a percentage point each in favour of China, which has seen a hike in exposure by two percentage points. The rally in China has been fast-forwarded by the approach of a seven-day holiday with the CSI 300 Index up 8.5 per cent on Monday, and 25.1 per cent in five trading days, he said.

'Ladakh crisis could tempt Pakistan to take advantage'

'Ladakh crisis could tempt Pakistan to take advantage'

Rediff.com24 Jun 2020

'Pakistan has robust incentive to turn heat on LoC.'

'Congress' Biggest Mistake Was...'

'Congress' Biggest Mistake Was...'

Rediff.com13 Dec 2024

'...to think apna time aa gaya after the 2024 election.'

Nath on why India was not hit by financial crisis

Nath on why India was not hit by financial crisis

Rediff.com16 Sep 2009

The Indian economy has emerged almost unscathed from the global economic crisis that has ravaged many nations, said Union Minister of Surface Transport Kamal Nath on Tuesday.

Youngest Rajapaksa brother stopped from boarding flight to Dubai

Youngest Rajapaksa brother stopped from boarding flight to Dubai

Rediff.com12 Jul 2022

Sri Lanka's former finance minister Basil Rajapaksa, who is the youngest brother of President Gotabaya Rajapaksa, was stopped from boarding a flight to Dubai on Monday evening, local media reported.

Ranil Realises His Dream

Ranil Realises His Dream

Rediff.com3 Aug 2022

Ranil Wickremesinghe -- six times Sri Lanka's prime minister -- realised his long cherished dream when he arrived on Wednesday, August 3, 2022, to inaugurate the country's parliament, finally as its president.

'You saved us, prevented bloodbath': Sri Lanka thanks India

'You saved us, prevented bloodbath': Sri Lanka thanks India

Rediff.com8 Jul 2023

'Never expected, and never in history, not a single country has extended that kind of assistance'

'The power crisis will not last long'

'The power crisis will not last long'

Rediff.com14 Oct 2021

'This is a crisis which did not happen overnight. It was happening slowly.' 'Now we are mining very fast and this crisis won't last long.'

Waiting in passport queue for 2 days, Lankan woman gives birth

Waiting in passport queue for 2 days, Lankan woman gives birth

Rediff.com7 Jul 2022

A pregnant Sri Lankan woman, who had been in a queue for two days to obtain a passport to leave the crisis-hit country for employment overseas, went into labour while waiting for her turn on Thursday and delivered a baby girl.

Amid calls for Indian intervention, Doval meets Putin

Amid calls for Indian intervention, Doval meets Putin

Rediff.com12 Sep 2024

In the talks, Putin hoped that Prime Minister Narendra Modi will travel to Russia's Kazan next month to attend the annual BRICS summit.

'Indian IT firms to see marginal impact of Greek crisis'

'Indian IT firms to see marginal impact of Greek crisis'

Rediff.com1 Jul 2015

Greece's financial crisis has intensified.

Military use of Hambantota not allowed: Lankan to China

Military use of Hambantota not allowed: Lankan to China

Rediff.com16 Aug 2022

China will not be allowed to use the southern port of Hambantota for military purposes, Sri Lankan President Ranil Wickremesinghe has said, apparently attempting to allay fears in India and the United States about China's increasing maritime presence in the strategic Indo-Pacific region.

'America Is In For A Period Of Extended Domestic Turmoil'

'America Is In For A Period Of Extended Domestic Turmoil'

Rediff.com15 Nov 2024

'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'

India Needs A National Security Strategy

India Needs A National Security Strategy

Rediff.com4 Oct 2024

The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).

You dismissed the subject in just 10 words: Chidambaram cautions govt on inflation

You dismissed the subject in just 10 words: Chidambaram cautions govt on inflation

Rediff.com24 Jul 2024

He argued that if inflation is low, stable and moving towards the 4 per cent target, why has the RBI not revised downward the bank rate fixed in June 2023?

Nadella, Pichai in Trump's economic revival team

Nadella, Pichai in Trump's economic revival team

Rediff.com15 Apr 2020

In addition to Pichai and Nadella, IBM's Arvind Krishna, Micron's Sanjay Mehrotra, Ajay Banga from Mastercard and Ann Mukherjee from Pernod are among the six Indian-Americans among over 200 corporate honchos who will advise the President and offer recommendations on how to revive the American economy.

David Warner pens heartfelt message to Sri Lankan fans

David Warner pens heartfelt message to Sri Lankan fans

Rediff.com12 Jul 2022

David Warner took to Instagram to pen a heartfelt message for the Sri Lankan fans, thanking them for hosting Australia 'during what is an extremely difficult time'

High Commission rejects reports of Mahinda, family fleeing to India

High Commission rejects reports of Mahinda, family fleeing to India

Rediff.com11 May 2022

The whereabouts of Mahinda Rajapaksa is being speculated since his resignation on Monday.

Senseless pressure on Sri Lanka over ship visit, says China

Senseless pressure on Sri Lanka over ship visit, says China

Rediff.com8 Aug 2022

Riled by Sri Lanka's request to defer the planned docking of a high-tech Chinese research vessel at the strategic Hambantota Port, China on Monday took a dig at India, saying it was "senseless to pressure" Colombo by citing the issue of security concerns.

Rajapaksa won't resign under 'any circumstances'

Rajapaksa won't resign under 'any circumstances'

Rediff.com6 Apr 2022

The Government also defended the President's decision to enforce a state of emergency, that had given him sweeping authority to act in the interests of public security and preserving public order, including suspending any laws, authorising detentions and seizing property, saying it was declared after attempts were made to attack the President's Office and other public property.

Export plunges 9.3%; trade deficit widens to 10-month high

Export plunges 9.3%; trade deficit widens to 10-month high

Rediff.com17 Sep 2024

India's exports registered a steepest decline in 13-month falling 9.3 per cent in August to $34.71 billion due to global economic uncertainties, while the trade deficit soared to a 10-month of $29.65 billion. According to the government data released on Tuesday, imports increased by 3.3 per cent to $64.36 billion, which is a record high, due to a significant jump in the inbound shipments of gold and silver.

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.

We Are In An Era Of Puppets And Puppeteers

We Are In An Era Of Puppets And Puppeteers

Rediff.com31 Dec 2024

'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.