News for 'eu'

Own Goal! Europe's Protests Over Qatar's Human Rights

Own Goal! Europe's Protests Over Qatar's Human Rights

Rediff.com26 Oct 2022

The rumblings of discontent from Righteous Europe over Qatar's admittedly appalling human rights record can only be viewed as deeply disingenuous and phoney, argues Kanika Datta.

Crude oil prices may shoot up to $110 a barrel in 2023

Crude oil prices may shoot up to $110 a barrel in 2023

Rediff.com7 Dec 2022

Brent crude oil prices may rise to $110 a barrel in 2023, up nearly 33 per cent from the current levels, said analysts at Morgan Stanley, in a recent note. This is, however, lower than the peak level of nearly $127 touched earlier in 2022 as geopolitical concerns took centre stage amidrising demand. "Looking ahead, Brent oil price growth will decelerate even more in the coming quarters. "This comes even as our global oil strategist expects a rise in oil prices back to $110 a barrel by the second half of 2023.

Elon Musk's own poll votes him out as Twitter boss

Elon Musk's own poll votes him out as Twitter boss

Rediff.com19 Dec 2022

Twitter users voted on Monday for Elon Musk to quit as head of the social media giant in a poll the technology tycoon ran on his future and promised to abide by its results.

Rishi Sunak unveils plans to attract tech talent to UK

Rishi Sunak unveils plans to attract tech talent to UK

Rediff.com21 Nov 2022

British Prime Minister Rishi Sunak on Monday unveiled a new scheme for the world's 100 most talented young professionals in the field of artificial intelligence (AI) as part of his vision to make the UK a "beacon" to attract the "brightest and best" from around the world. Addressing the Confederation of British Industry (CBI) annual conference in Birmingham, Sunak told an audience of business chiefs and professionals that control over the country's post-Brexit immigration policy remains crucial. However, he pledged to create "one of the world's most attractive visa regimes for entrepreneurs and highly skilled people" and make use of the "Brexit freedoms" to strike trade deals with "the world's fastest-growing economies".

Modi lands in Bali for G20 summit, no word on meet with Xi

Modi lands in Bali for G20 summit, no word on meet with Xi

Rediff.com14 Nov 2022

Prime Minister Narendra Modi arrived in Bali on Monday for the G20 Summit and bilateral meetings on its sidelines with key leaders attending this annual conference of the world's major economies.

Russia to withdraw troops from Ukraine's Kherson

Russia to withdraw troops from Ukraine's Kherson

Rediff.com10 Nov 2022

Notably, Ukrainian forces disabling bridges across the Dnipro river and attacking Russian supply lines made it very difficult for Russia to defend the occupied territory.

If Putin is wise...

If Putin is wise...

Rediff.com5 Mar 2022

'He will consolidate the Russian hold over the Eastern Russian majority provinces in Ukraine and quickly withdraw from the rest of Ukraine.' 'At all costs, the Russians should avoid attacking and capturing urban areas, else they risk getting into a quagmire,' cautions Colonel Anil A Athale (retd).

COVID-19 in India may have orginated from EU, Middle East: Study

COVID-19 in India may have orginated from EU, Middle East: Study

Rediff.com9 Jun 2020

The objective of the study was to determine the genetic diversity among Indian SARS-CoV-2 viral isolates in comparison to the strains that are occurring worldwide.

Arvind Panagariya warns against cutting trade ties with China

Arvind Panagariya warns against cutting trade ties with China

Rediff.com22 Dec 2022

Amid demands for snapping trade ties with China for its transgressions on the border, former Niti Aayog vice chairman Arvind Panagariya has opined that cutting trade with Beijing at this juncture would amount to sacrificing India's potential economic growth. Instead, Panagariya suggested that India should try to enter into free trade agreements (FTA) with countries such as the UK and the European Union to expand its trade. "Engaging China in a trade war at this juncture will mean sacrificing a considerable part of our potential growth... purely on economic grounds, it will be unwise to take any action in response to it (transgressions on the border)," the eminent economist told PTI.

Why India can't cut trade ties with China despite border clash

Why India can't cut trade ties with China despite border clash

Rediff.com22 Dec 2022

Former Niti Aayog Vice Chairman Arvind Panagariya has opined that cutting trade with Beijing at this juncture would amount to sacrificing India's potential economic growth.

Xi in Moscow for talks with Putin to 'end Ukraine war'

Xi in Moscow for talks with Putin to 'end Ukraine war'

Rediff.com20 Mar 2023

Ahead of his crucial talks with Russian President Vladimir Putin in Moscow, Chinese President Xi Jinping said on Monday that his peace plan to end the raging Ukraine war takes into account the 'legitimate' concerns of all parties and reflects the broadest common understanding of the international community.

Musk ready to quit as Twitter CEO 'as soon as he finds someone foolish enough'

Musk ready to quit as Twitter CEO 'as soon as he finds someone foolish enough'

Rediff.com21 Dec 2022

'I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software and servers teams,' he tweeted Tuesday.

It's becoming difficult for Putin to fund Ukrainian war: US

It's becoming difficult for Putin to fund Ukrainian war: US

Rediff.com6 Apr 2022

The White House is planning another set of sanctions on Russia. This is likely to be announced on Wednesday.

China hopes Biden will end Trump's Cold War

China hopes Biden will end Trump's Cold War

Rediff.com2 Jan 2021

The Chinese side hopes that the next US administration will return to a sensible approach, resume dialogue with China, restore normalcy to the bilateral relations and restart cooperation, Wang, who is also a state councillor, told the state-run Xinhua news agency in an interview.

French Open champion Swiatek urges Ukraine to 'stay strong'

French Open champion Swiatek urges Ukraine to 'stay strong'

Rediff.com4 Jun 2022

Swiatek, who is on a 35-match winning run, had addressed the situation in Ukraine following her title win in Doha on February 26, two days after Russian troops had launched the invasion.

Force India and Sauber withdraw EU complaint

Force India and Sauber withdraw EU complaint

Rediff.com25 Jan 2018

The two teams said they had been reassured by Formula One's approach under chairman Chase Carey and his new management team, who had "brought a new culture of transparency to the sport".

More Pain Lies Ahead For The Markets

More Pain Lies Ahead For The Markets

Rediff.com19 Apr 2023

Expect heightened volatility and stress to hit the markets. Caution may be the need of the hour, alerts Akash Prakash.

Markets halt 3-day rally; Sensex falls 359 points

Markets halt 3-day rally; Sensex falls 359 points

Rediff.com31 May 2022

Equity benchmarks declined on Tuesday after a three-day rally, with the Sensex falling 359.33 points amid selling in index majors HDFC, Reliance Industries and Infosys. Investors were cautious ahead of release of GDP data, while a jump in crude oil prices also weighed on market sentiment, traders said. The 30-share BSE Sensex went lower by 359.33 points or 0.64 per cent to settle at 55,566.41.

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.

Top official leaves FIFA; EU urges Blatter to go NOW!

Top official leaves FIFA; EU urges Blatter to go NOW!

Rediff.com12 Jun 2015

FIFA's director of communications Walter de Gregorio is to resign after making a joke on television.

Modi to discuss 'key issues' with G20 leaders in Bali

Modi to discuss 'key issues' with G20 leaders in Bali

Rediff.com14 Nov 2022

In a statement ahead of his visit to the Indonesian city for the G20 leaders' summit, Modi said he will also highlight India's achievements and its 'unwavering commitment' to collectively address key global issues.

India-EU summit very successful: EU commissioner

India-EU summit very successful: EU commissioner

Rediff.com9 Sep 2005

The just-concluded India-European Union Summit was a "success" as it implemented the strategic partnership launched last year and drafted a new action plan and political declaration, a top European Union official said on Friday.

China's Communist Party begins key Congress amid stir against zero Covid policy

China's Communist Party begins key Congress amid stir against zero Covid policy

Rediff.com16 Oct 2022

Except for 69-year-old Xi, all top officials including the number two leader in the Chinese leadership hierarchy Premier Li Keqiang will be replaced in the massive reshuffle to follow during the week.

Netherlands is now India's 5th-largest export destination

Netherlands is now India's 5th-largest export destination

Rediff.com23 May 2022

The Netherlands has emerged as India's fifth-largest export destination in 2021-22 (FY22), jumping from its 10th position a year ago. Exports to the fifth-largest economy in the European Union (EU) bolted 94 per cent to $12.5 billion in the financial year ended March 31. In FY22, the Netherlands surpassed Hong Kong, Singapore, the UK, Germany, and Nepal to become India's largest export destination in the EU. Germany, which was earlier India's top European export destination (eighth position), has now dropped two ranks to 10th place.

Will India manage to grow at 6.8% in FY24?

Will India manage to grow at 6.8% in FY24?

Rediff.com22 Mar 2023

The external environment has worsened further. While the Finnish economy entered into a recession, Swedish economic growth also dipped. The Finnish gross domestic product (GDP) dropped 0.6 per cent in October-December, 2022. It was the second quarter of negative growth, which is a technical definition of recession.

ITC diversifying tobacco biz to capture US vaping market

ITC diversifying tobacco biz to capture US vaping market

Rediff.com16 Jul 2021

The facility, which will manufacture nicotine and nicotine salts, will conform to stringent US and EU pharmacopoeia standards that define purity levels at 99.2 per cent for nicotine meant for pharmaceutical products. ITC will leverage the institutional capabilities of its century-old leaf tobacco business for this. ITC's cigarettes business saw disruptions across the value chain with the onset of the Covid-19 pandemic. The company mentioned in its annual report that with easing of restrictions and improvement in mobility from September 2020 onwards, the business recovered progressively over the remainder of the year to reach nearly pre-Covid levels towards the close of the year.

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Rediff.com2 Mar 2022

BSE benchmark Sensex plummeted 778 points to close below the 55,500-level on Wednesday following a broad-based selloff in global markets as the Russia-Ukraine crisis escalated. The 30-share BSE index ended 778.38 points or 1.38 per cent lower at 55,468.90. Similarly, the NSE Nifty plunged 187.95 points or 1.12 per cent to 16,605.95.

Issues India must focus on while negotiating trade deals

Issues India must focus on while negotiating trade deals

Rediff.com17 Nov 2021

As India goes into firming up trade deals with developed nations like Australia, the United Kingdom (UK) and the regional bloc, and the European Union (EU), it will have to be well prepared to negotiate on new-generation issues, such as data protection regulation, e-commerce, and environment. India is yet to negotiate pacts with its trading partners on these evolving issues since discussions between them have until now been largely focused on tariff and non-tariff barriers and the rules of origin. "We can no longer look at trade just as trade. We have to look at it in totality of global and regional conditions.

China warns of countermeasures for Covid curbs on its travellers abroad

China warns of countermeasures for Covid curbs on its travellers abroad

Rediff.com3 Jan 2023

Foreign ministry spokesperson Mao Ning went on the offensive saying "we do not believe the entry restriction measures some countries have taken against China are science-based".

Why EVs can be only slightly cleaner than petrol cars in India

Why EVs can be only slightly cleaner than petrol cars in India

Rediff.com14 Apr 2021

Given India's reliance on coal, electric vehicles could at best be 10% more efficient than petrol in terms of CO2 savings.

Jinping visits Xinjiang, says Islam in China must be Chinese in orientation

Jinping visits Xinjiang, says Islam in China must be Chinese in orientation

Rediff.com16 Jul 2022

During his four-day tour of the region which started on July 12, Xi met with officials.

Great new deal reached on Brexit: British PM

Great new deal reached on Brexit: British PM

Rediff.com17 Oct 2019

Britain is due to leave the European Union by October 31, with Johnson racing against time to strike a deal to meet that deadline.

Markets rebound; Sensex surges 1,329 points

Markets rebound; Sensex surges 1,329 points

Rediff.com25 Feb 2022

A day after suffering their worst session in about two years, benchmark indices Sensex and Nifty rebounded up to 2.5 per cent on Friday, in line with higher global markets as the US and allies put up a united front to punish Russia with harsher sanctions over the Ukraine conflict. Snapping their seven-day losing streak, the BSE Sensex climbed 1,328.61 points or 2.44 per cent to settle at 55,858.52, while the NSE Nifty went soared 410.45 points or 2.53 per cent to 16,658.40. Barring HUL and Nestle, all Sensex shares closed with gains -- with Tata Steel, IndusInd Bank, Bajaj Finance, NTPC and Tech Mahindra surging as much as 6.54 per cent.

GAIL feels blowback from Ukraine war

GAIL feels blowback from Ukraine war

Rediff.com17 Aug 2022

On February 24, when Vladimir Putin announced a military operation on Ukraine, few would have thought that Indian government-owned GAIL India would feel the impact. The tensions over gas supplies were essentially a Europe-Russia problem, related to the sanctions western economies imposed on Moscow. But the EU depends on Russian imports for 40 per cent of its gas stocks, an over-dependence that Russia has underlined with Kremlin-owned Gazprom cutting its supplies through the Nord Stream 1 pipeline to 20 per cent, citing maintenance issues.

F1 champion Vettel sports helmet in support of Ukraine

F1 champion Vettel sports helmet in support of Ukraine

Rediff.com10 Mar 2022

Sebastian Vettel wore a special helmet to express solidarity with Ukraine

Fresh batch of foreign envoys to visit J-K this week

Fresh batch of foreign envoys to visit J-K this week

Rediff.com10 Feb 2020

The delegation will comprise envoys mainly from the European Union as well as from Gulf countries.

G7's oil price cap: Russia offers to help India find a way out

G7's oil price cap: Russia offers to help India find a way out

Rediff.com12 Dec 2022

Russia has welcomed India's decision to not support the price cap on Russian oil announced by G7 and its allies and offered it cooperation on leasing and building large-capacity ships to overcome the ban on insurance services and tanker chartering in the European Union and Britain to continue buying discounted oil. The offer came as Russian Deputy Prime Minister Alexander Novak held a meeting with the Indian Ambassador to Moscow, Pavan Kapoor, on Friday. "The Deputy Prime Minister welcomed India's decision not to support the price cap on Russian oil, which was imposed on December 5 by the G7 countries and their allies," the Russian foreign ministry said in a statement.

Demand slowdown, global uncertainties impacting India's exports

Demand slowdown, global uncertainties impacting India's exports

Rediff.com7 Sep 2022

Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jewellery and may have implications on India's exports in case the global situation does not improve in coming months. Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say. The world merchandise trade volume is expected to grow 3 per cent in 2022 against the earlier forecast of 4.7 per cent, mainly due to the ongoing war between Russia and Ukraine, according to the World Trade Organization forecast, released in April.

Ukraine takes Russia to International Court of Justice over invasion

Ukraine takes Russia to International Court of Justice over invasion

Rediff.com27 Feb 2022

'We demand that Russia be held accountable for distorting the concept of genocide to justify aggression. We ask the court to immediately order Russia to cease hostilities and schedule a hearing next week'

China orders release of Covid detainees

China orders release of Covid detainees

Rediff.com7 Jan 2023

The Chinese government on Saturday ordered the release of people detained over a host of coronavirus-related incidents, a day ahead of Beijing's plan to scrap its three-year-old stringently implemented zero-Covid policy.