News for 'global east'

How Weak Rupee Affects Your Travel Plans

How Weak Rupee Affects Your Travel Plans

Rediff.com22 Jan 2025

Many travellers are now opting for domestic destinations like Goa, Kerala, Rajasthan, Lakshadweep, Himachal Pradesh, and the North East.

What Husain Painting's Record Sale Will Fund

What Husain Painting's Record Sale Will Fund

Rediff.com21 Mar 2025

Proceeds from the sale will support the training of future generations of doctors at the Oslo University Hospital. The fascinating story behind the Husain painting which set a new record for modern Indian art.

Tariffs are integral to Trump's vision for US economy

Tariffs are integral to Trump's vision for US economy

Rediff.com23 Apr 2025

Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan.

Rupee tumbles 3% in 2024; turbulence to ebb in 2025

Rupee tumbles 3% in 2024; turbulence to ebb in 2025

Rediff.com29 Dec 2024

The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.

India, China hold talks to ensure effective border management

India, China hold talks to ensure effective border management

Rediff.com25 Mar 2025

India and China held diplomatic talks in Beijing, focusing on effective border management and the resumption of cross-border cooperation and exchanges, including on trans-border rivers and the Kailash-Mansarovar Yatra. The meeting explored measures and proposals to implement decisions made during the Special Representatives (SR) dialogue in December. Both sides agreed to work together for the next SR meeting in India later this year.

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.

Sensex ends down 116 points amid weak global trends

Sensex ends down 116 points amid weak global trends

Rediff.com16 Oct 2023

From the Sensex pack, Nestle, Tata Consultancy Services, IndusInd Bank, Asian Paints, Bharti Airtel, Tech Mahindra, UltraTech Cement, Kotak Mahindra Bank and Hindustan Unilever were among the major laggards. Tata Steel, JSW Steel, HCL Technologies, Axis Bank, Power Grid and Mahindra & Mahindra were among the gainers.

Indians Want To Make An Experience Of Every Trip

Indians Want To Make An Experience Of Every Trip

Rediff.com1 Apr 2025

'Adventure travel, cultural tours, and wellness retreats are in high demand.'

'No other cricket league poses a threat to the IPL'

'No other cricket league poses a threat to the IPL'

Rediff.com22 Mar 2025

Brand IPL has become stronger than ever and doesn't see any threat from the growing number of T20 leagues globally, its chairman Arun Dhumal said on Saturday as he steered clear of the speculation swirling around a tournament backed by Saudi Arabia.

India To Have Second Rocket Port

India To Have Second Rocket Port

Rediff.com12 Mar 2025

The fuel cost will come down if rockets are launched from Kulasekarapattinam as they will have a straight trajectory and need not have to avoid Sri Lanka, which is being done by rockets flown from Sriharikota.

ALERT! New coronavirus found in China's Wuhan

ALERT! New coronavirus found in China's Wuhan

Rediff.com22 Feb 2025

A Chinese team of virologists has discovered a new bat coronavirus that can infect human cells, raising concerns about potential animal-to-human transmission. The virus, a new lineage of the HKU5 coronavirus, uses the same human receptor as the virus that causes COVID-19. The study, led by Shi Zhengli, a prominent virologist at the Wuhan Institute of Virology, was published in the journal Cell. The discovery comes amid ongoing scrutiny of the Wuhan lab, which was previously accused of being the source of the COVID-19 pandemic. The Chinese government has denied any involvement in the virus's origin and insists that the Wuhan lab never engaged in gain-of-function studies on coronaviruses.

'Trump Won't Hesitate To Use Hard Power'

'Trump Won't Hesitate To Use Hard Power'

Rediff.com10 Mar 2025

'The touchstone is reciprocity which will be applied to friends and foes alike.' 'It will be a bitter pill to swallow.'

Cognizant splits global growth markets by appointing 2 internal leaders

Cognizant splits global growth markets by appointing 2 internal leaders

Rediff.com18 Aug 2023

Cognizant Technology Solutions has restructured its global growth markets (GGM) by appointing two internal leaders who will now share the responsibility. The move follows the exit of former GGM leader Rob Walker last month and is among the slew of leadership changes the company has seen in the recent past. GGM refers to the company's emerging markets outside of North America.

Rest In Peace, Voice Of America

Rest In Peace, Voice Of America

Rediff.com4 Apr 2025

What despots and dictators, jammers and competitors, had not managed to do in 83 years -- what the Soviet Union had failed to counter during the Cold War; what China had failed to crush during the Tiananmen Square uprising -- a US President had succeeded with his own hand, notes Krishna Prasad.

'We Will Have A Mutually Beneficial Trade Agreement'

'We Will Have A Mutually Beneficial Trade Agreement'

Rediff.com18 Feb 2025

'The US has agreed to negotiate with us a mutually beneficial bilateral trade agreement, which will go for reduction of tariffs on both sides so that our trade can grow.'

One Month Of Trump: The World Is In Shock

One Month Of Trump: The World Is In Shock

Rediff.com20 Feb 2025

The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.

'Blaming India Is Pakistan's Go-To Excuse'

'Blaming India Is Pakistan's Go-To Excuse'

Rediff.com25 Mar 2025

'Neither are Baloch insurgents capable of breaking up Pakistan, nor has Pakistan learned any lessons from the 1971 debacle that led to the country's dismemberment.'

How the markets will fare this week

How the markets will fare this week

Rediff.com6 Oct 2024

The Reserve Bank of India's (RBI's) interest rate decision, West Asia conflict and trading activity of foreign investors are the key factors that will dictate investors' sentiment in the market this week, analysts said. Moreover, quarterly earnings from IT bellwether TCS, domestic macroeconomic data and movement in global oil benchmark Brent crude would also guide trends in the market. Worsening tensions in the Middle East and foreign fund outflows were the major culprits behind the equity markets sharp fall last week.

How a full-blown Iran-Israel war may hurt India's trade

How a full-blown Iran-Israel war may hurt India's trade

Rediff.com2 Oct 2024

The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.

Modi plays drum, witnesses grand Jhumoir dance in Assam

Modi plays drum, witnesses grand Jhumoir dance in Assam

Rediff.com25 Feb 2025

Prime Minister Narendra Modi visited Assam and participated in a grand Jhumoir dance performance, celebrating 200 years of the state's tea industry and the rich cultural heritage of the tea tribe community. He played a traditional drum of the tea tribe community, highlighting the government's efforts to support the tea industry and uplift the tea tribe community. The event, attended by dignitaries and ambassadors from around 60 countries, showcased Assam's vibrant traditions to a global audience.

How UK became Global Money Laundromat

How UK became Global Money Laundromat

Rediff.com12 Sep 2023

A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.

Sensex falls 200 pts due to selling in FMCG, PSB stocks

Sensex falls 200 pts due to selling in FMCG, PSB stocks

Rediff.com9 Dec 2024

From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards. Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.

Trump pulls US out of UNHRC, cuts funds for Palestinian refugees

Trump pulls US out of UNHRC, cuts funds for Palestinian refugees

Rediff.com5 Feb 2025

President Donald Trump signed an executive order withdrawing the US from the UN Human Rights Council and prohibiting any future funding for the UN agency for Palestinian refugees. Trump also directed the US to review its participation in UNESCO, citing concerns about anti-Semitism and anti-Israel sentiment within the organizations. The executive order argues that the UNHRC, UNESCO, and UNRWA have drifted from their missions and act contrary to US interests. Trump previously halted funds for UNRWA during his first term, and President Joe Biden put a block on US funds for UNRWA in January 2024 over allegations that staff for the agency participated in Hamas's October 7, 2023, attack against Israel.

'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.'

Budget 2025: Defence Must Be The Priority

Budget 2025: Defence Must Be The Priority

Rediff.com31 Jan 2025

'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.

Telcos seek easing of 'stringent quality of service' norms

Telcos seek easing of 'stringent quality of service' norms

Rediff.com10 Jan 2025

Continuing to push back against the stringent quality of service (QoS) norms brought in by the Telecom Regulatory Authority of India (Trai), telcos have informed the Department of Telecommunications (DoT) that collection and submission of monthly and site-to-cell-level data should be eased, officials and industry sources said. In place since October last year, the QoS norms call for data for network availability, call drop, voice packet drop rate in uplink and downlink, among other parameters, to be collected at the cell level.

IMF says India's GDP to moderate to 7% in 2024 and 6.5% in 2025

IMF says India's GDP to moderate to 7% in 2024 and 6.5% in 2025

Rediff.com22 Oct 2024

India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, the International Monetary Fund (IMF) said on Tuesday. About the global economy, the IMF said the battle against inflation has largely been won, even though price pressures persist in some countries.

Luxury carmaker Lamborghini's Revuelto sold out in India, globally for 2024

Luxury carmaker Lamborghini's Revuelto sold out in India, globally for 2024

Rediff.com7 Dec 2023

Luxury carmaker Lamborghini has announced that its hybrid super sports car, Revuelto, is sold out in India and globally for 2024. The strong demand for the Revuelto is driven by a growing number of new customers, including a 20 per cent increase in first-time buyers in India. Lamborghini is also evaluating the possibility of opening new dealerships in smaller towns in eastern and southern India within the next one to two years.

India, Qatar to double trade in next 5 yrs; discuss Israel-Hamas issue

India, Qatar to double trade in next 5 yrs; discuss Israel-Hamas issue

Rediff.com19 Feb 2025

India and Qatar on Tuesday agreed to elevate their relationship to a strategic partnership and double bilateral trade to USD 28 billion over the next five years. Prime Minister Narendra Modi and Qatari Amir Sheikh Tamim Bin Hamad Al-Thani signed agreements and MoUs to strengthen economic cooperation, including a revised double taxation avoidance agreement. The strategic partnership will cover the "entire spectrum" of the bilateral relationship, including trade, energy security, and regional and international cooperation. Both leaders also discussed ways to further strengthen and broaden the energy partnership, including "exploring mutual investments." The Amir's visit provided an "excellent opportunity" for the top leadership of the two countries to discuss and "cement a strategic partnership for enhanced future cooperation."

Why Modi's White House Visit Was A Success

Why Modi's White House Visit Was A Success

Rediff.com20 Feb 2025

Modi lived up to his declaration that his visit was purely meant to strengthen India's relationship with the US, but there may be situations in which our silence on some issues will haunt us in the future, cautions Ambassador T P Sreenivasan.

Indian Army Is Ready For Dharma Guardian 2025

Indian Army Is Ready For Dharma Guardian 2025

Rediff.com24 Feb 2025

Dharma Guardian 2025 will primarily focus on urban warfare tactics and counter-terrorism operations and underscores the growing strategic partnership between India and Japan.

Modi's Media Triumph With Uncertain Returns

Modi's Media Triumph With Uncertain Returns

Rediff.com20 Mar 2025

'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.

Trump picks Fox News host as defence secretary

Trump picks Fox News host as defence secretary

Rediff.com13 Nov 2024

United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.

Iran: Trump Talks Tough, But Keeps Door Open

Iran: Trump Talks Tough, But Keeps Door Open

Rediff.com11 Feb 2025

The stage may be set for a recalibrated US-Iran relationship, suggests Ambassador M K Bhadrakumar.

3 Indian Cos Among Biggest Arms Producers

3 Indian Cos Among Biggest Arms Producers

Rediff.com6 Dec 2024

HAL, BEL and MDL feature on Sipri's list of the 100 largest arms producers in the world.

Many Delhi schools get bomb threat, 2nd time this week

Many Delhi schools get bomb threat, 2nd time this week

Rediff.com13 Dec 2024

Three schools in Delhi received bomb threats via email on Friday morning, prompting a multi-agency response, including searches by police and bomb detection teams. The threats come after at least 44 schools received similar emails on December 9, which were declared hoaxes by police. Authorities are currently conducting checks at the schools, and parents have been advised not to send their children to classes.

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.

India supports dialogue, not war: Modi at BRICS Summit

India supports dialogue, not war: Modi at BRICS Summit

Rediff.com24 Oct 2024

India supports dialogue and diplomacy and not war, Prime Minister Narendra Modi said at the Brazil, Russia, India, China, South Africa (BRICS) Summit in Kazan, Russia on Wednesday, in an unambiguous message calling for resolution of the Russia-Ukraine conflict through peaceful negotiations.

Disengagement may pave way for further steps: Jaishankar

Disengagement may pave way for further steps: Jaishankar

Rediff.com3 Nov 2024

India and China have made "some progress" in disengagement, External Affairs Minister S Jaishankar said on Sunday, describing it as a "welcome" move which opens up the possibility that other steps could happen.

Markets settle almost flat in volatile trade

Markets settle almost flat in volatile trade

Rediff.com27 Aug 2024

On the Sensex chart, Bajaj Finserv, Maruti, Larsen & Toubro, Bajaj Finance, Infosys, Axis Bank and ICICI Bank were the biggest gainers. Hindustan Unilever, JSW Steel, Titan, NTPC and Tata Motors were among the laggards.