News for 'european-union'

India-Belgium Defence Ties On Anvil

India-Belgium Defence Ties On Anvil

Rediff.com4 Mar 2025

India and Belgium on Monday explored potential defence engagements in the Indo-Pacific, particularly in the maritime domain, and discussed ways to strengthen defence industrial cooperation.

FTA deal with India: EU firms want non-tariff barriers to go

FTA deal with India: EU firms want non-tariff barriers to go

Rediff.com15 Mar 2025

European Union (EU) companies operating in India want New Delhi to streamline or remove non-tariff barriers such as Quality Control Orders (QCOs), complex Customs procedures; simplify labelling, testing, and import procedures; and facilitate cross-border digital transactions without data localisation constraints. These are results of a Business Sentiment Survey, 2025 conducted by the Federation of European Business in India (FEBI) ahead of resumption of negotiations for a free trade agreement (FTA) between both the sides scheduled to be concluded by year-end.

India bought 112 bn euro worth of Russian oil since Ukraine war

India bought 112 bn euro worth of Russian oil since Ukraine war

Rediff.com6 Mar 2025

India, the world's third largest oil consuming and importing nation, spent 112.5 billion euro (about Rs 1.5 lakh crore) on buying crude oil from Russia since the start of the Ukraine war, a European think tank said on Thursday. The Centre for Research on Energy and Clean Air (CREA) released a report on payments to Russia for fossil fuels since February 24, 2022. "According to our estimates, since the beginning of the war, Russia earned EUR 835 billion in revenue from fossil fuel exports," it said.

What impact will US tariffs have on economies, sectors and markets?

What impact will US tariffs have on economies, sectors and markets?

Rediff.com29 Mar 2025

The sweeping tariffs proposed across sectors by US President Donald Trump are scheduled to be imposed starting April 2, with most analysts worried about their impact on companies, and in turn the financial markets. Recently, the US administration signaled that it will impose sectoral tariffs on energy, pharmaceuticals, semiconductors, agriculture, copper, and lumber.

Catalyst behind defence sector stocks regaining ground

Catalyst behind defence sector stocks regaining ground

Rediff.com24 Mar 2025

After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.

'Zero-For-Zero Tariff Is Best Medicine For India'

'Zero-For-Zero Tariff Is Best Medicine For India'

Rediff.com21 Apr 2025

'No retaliatory tariffs now. You can retaliate after a few months.' 'Today, there is no need to retaliate because it is a question of long term benefits.'

Markets Choppy? Don't Worry. You Can Still Make Money

Markets Choppy? Don't Worry. You Can Still Make Money

Rediff.com30 Apr 2025

If you redeem your investments when prices have fallen sharply, you will be selling at low prices and may make a permanent loss. On the other hand, if you remain patient and remain invested, you give your investment the time to recover, says Dwaipayan Bose

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

'Trump uncertainty will not affect India investment'

'Trump uncertainty will not affect India investment'

Rediff.com17 Mar 2025

'There is no linkage as far as the Indian power-generating business is concerned.'

Greenland Anger Forces US To Trim Trip

Greenland Anger Forces US To Trim Trip

Rediff.com27 Mar 2025

Confronted by outrage in Greenland, the US has scaled down a proposed visit to the island.

How Will Trump's Tariff Threat Affect India?

How Will Trump's Tariff Threat Affect India?

Rediff.com19 Mar 2025

Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.

Who's a tougher negotiator? Modi or him? Trump says...

Who's a tougher negotiator? Modi or him? Trump says...

Rediff.com14 Feb 2025

Trump announced that India and the US agreed to work together to build the India-Middle East-Europe Economic Corridor (IMEC) and called it one of the greatest trade routes. He said that the route will operate from Israel to Italy and onward to the US.

US Firms Back Trump's India Tariffs

US Firms Back Trump's India Tariffs

Rediff.com31 Mar 2025

Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.

India imports euro 49 bn worth of Russian oil in 3rd year of Ukraine invasion

India imports euro 49 bn worth of Russian oil in 3rd year of Ukraine invasion

Rediff.com25 Feb 2025

India, the world's third largest oil consuming and importing nation, bought crude oil worth 49 billion euros from Russia in the third year of Moscow's invasion of Ukraine, a global think tank said. India, which has traditionally sourced its oil from the Middle East, began importing a large volume of oil from Russia soon after the invasion of Ukraine in February 2022.

European Union not to interfere in Kashmir issue

European Union not to interfere in Kashmir issue

Rediff.com13 May 2011

A five-member European Union delegation, currently on an information gathering visit to Valley, on Friday hinted that the EU will not interfere in the Kashmir issue, saying it has to be resolved by the "people living in the region". "We are not coming here with a particular mandate (to solve the issue). What is happening in this part of the country has to be solved by the people who are living in the region," EU Ambassador to India Daniele Smadja told reporters.

What Tech Risks Will the World Face in 2025?

What Tech Risks Will the World Face in 2025?

Rediff.com12 Feb 2025

While advancements in biotechnology hold immense promise for health and innovation, they also come with significant risks if misused.

India to rework FTA with European Union after Brexit

India to rework FTA with European Union after Brexit

Rediff.com24 Jun 2016

Recalibration is required as some items of interest to Britain may have to be removed

Reciprocal tariffs against India from April 2: Trump

Reciprocal tariffs against India from April 2: Trump

Rediff.com5 Mar 2025

Trump has made it clear to Prime Minister Modi that India will not be spared from Washington's reciprocal tariffs and emphasised that "nobody can argue with me" on tariff structure.

USTR Report Intensifies Trade Tensions With India

USTR Report Intensifies Trade Tensions With India

Rediff.com2 Apr 2025

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.

FIFA player transfer rules breach EU law, says top court

FIFA player transfer rules breach EU law, says top court

Rediff.com4 Oct 2024

'All professional players have been affected by these illegal rules (in force since 2001!) and can therefore now seek compensation for their losses.'

The Nobel: A compliment and warning to European Union

The Nobel: A compliment and warning to European Union

Rediff.com15 Oct 2012

Like it gave the prize to Barack Obama to make him fulfill the promise of change, the Nobel Committee has given it to the EU to remind it of its huge responsibility to maintain unity within the organisation, says T P Sreenivasan.

'India Must Not Support Nepal's Ex-King'

'India Must Not Support Nepal's Ex-King'

Rediff.com17 Apr 2025

'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'

Rents Hit Two Decade High!!

Rents Hit Two Decade High!!

Rediff.com17 Jan 2025

The share of rent in consumption expenditure has risen to 6.58%, according to the Household Consumption Expenditure Survey 2023-2024. This is the highest it has been in surveys going back to the turn of the millennium.

Trump Has Become A Reset Button

Trump Has Become A Reset Button

Rediff.com11 Apr 2025

Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.

For Tesla, India is a challenge as well as opportunity

For Tesla, India is a challenge as well as opportunity

Rediff.com19 Mar 2025

With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

Rediff.com17 Feb 2025

'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'

Rashid Khan's emotional plea to Taliban

Rashid Khan's emotional plea to Taliban

Rediff.com4 Dec 2024

Rashid Khan said education held a central place in Islamic teachings and that the faith emphasised the pursuit of knowledge for men and women.

US sanctions hit Russian oil supply to India; March supplies may be hit

US sanctions hit Russian oil supply to India; March supplies may be hit

Rediff.com23 Jan 2025

The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available for March.

After The Oval Office Fracas, What Next For Ukraine?

After The Oval Office Fracas, What Next For Ukraine?

Rediff.com3 Mar 2025

Trump knows by now that the western narrative of Biden's war is a load of bullshit peppered with falsehoods and outright lies, and that the war erupted only out of the diabolic western plot to poke the bear, which got provoked finally and hit out, explains Ambassador M K Bhadrakumar.

European Union calls for minute's silence for Paris attack victims

European Union calls for minute's silence for Paris attack victims

Rediff.com15 Nov 2015

The European Union on Sunday called for a minute's silence to be held on Monday for the victims of a series of attacks in Paris in which at least 129 people were killed.

Countdown Begins For ISRO's 100th Launch

Countdown Begins For ISRO's 100th Launch

Rediff.com28 Jan 2025

At 6.23 am on 29.1.2025, the 50.9 metre tall and weighing 420.7 ton Geosynchronous Satellite Launch Vehicle-F15 (GSLV-F15) is slated to blast off from the second launch pad carrying the 2,250 kg NVS-02 navigation satellite.

FIFA's transfer market in legal jeopardy, Billions at stake

FIFA's transfer market in legal jeopardy, Billions at stake

Rediff.com3 Oct 2024

Soccer's player transfer system will be in the spotlight and could even be on the brink of collapse on Friday when the Court of Justice of the European Union (CJEU) announces its ruling on former France player Lassana Diarra's case against FIFA.

Use or threat of use of nukes unacceptable: India, Germany on Ukraine war

Use or threat of use of nukes unacceptable: India, Germany on Ukraine war

Rediff.com26 Oct 2024

The leaders also noted the "negative impacts" of the war in Ukraine with regard to global food and energy security, especially for developing and least-developed countries.

'Portfolios Need To Be Balanced This Year'

'Portfolios Need To Be Balanced This Year'

Rediff.com6 Feb 2025

'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'

India is now the biggest exporter of fuel to EU

India is now the biggest exporter of fuel to EU

Rediff.com10 Nov 2024

India's export of fuels like diesel to the European Union jumped 58 per cent in the first three quarters of 2024, with a bulk of them likely coming from refining discounted Russian oil, according to a monthly tracker report. The EU/G7 countries in December 2022 introduced a price cap and an embargo on the imports of Russian crude oil in a bid to cripple Kremlin's revenue and create a vacuum in its funding for the invasion of Ukraine.

SAARC nations moot trade forum like European Union

SAARC nations moot trade forum like European Union

Rediff.com27 Nov 2014

In a phased and planned manner the countries will go for Free Trade Areas, a Customs Union, a Common Market, and a Common Economic and Monetary Union.

4 reasons behind Britain leaving the European Union

4 reasons behind Britain leaving the European Union

Rediff.com24 Jun 2016

'Britain always had a very special relationship with the EU -- it always was an on/off relationship. It retained its own currency and visa.' 'Britain always had what you call in EU lingo 'opt out clauses', which other countries don't have.'

Sebi inks pacts with 27 regulators in European Union

Sebi inks pacts with 27 regulators in European Union

Rediff.com1 Aug 2014

The bilateral MoUs were signed in pursuance of the EU Alternative Investment Fund Managers Directive which requires that adequate supervisory cooperation arrangements are put in place between EU and non-EU supervisory authorities including Sebi.

Three CEOs to lead Reliance-Disney media behemoth

Three CEOs to lead Reliance-Disney media behemoth

Rediff.com15 Nov 2024

Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.

How Can India Deal With Trump 2.0?

How Can India Deal With Trump 2.0?

Rediff.com21 Jan 2025

It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.