News for 'globalisation'

'Russia not bothered by West's oil price cap'

'Russia not bothered by West's oil price cap'

Rediff.com1 Dec 2022

Russia on Thursday said it was not bothered at a possible price cap on its crude oil proposed by the West, saying Moscow will negotiate directly with its partners like India and China as the price should be decided between the producers and consumers, and "not someone who just decided to punish someone." Members of the G7 have agreed to impose a price cap on Russian oil in a bid to hit Moscow's ability to finance the war in Ukraine. Countries want to reach an agreement ahead of December 5, when Europe's embargo on Russian crude travelling by sea takes effect.

As India begins its G-20 presidency, here's what Modi said

As India begins its G-20 presidency, here's what Modi said

Rediff.com1 Dec 2022

India's G20 priorities will be shaped in consultation with not just our G20 partners, but also our fellow-travellers in the global South, whose voice often goes unheard, he said.

Adani is hooked on ChatGPT, says race for AI to get complex

Adani is hooked on ChatGPT, says race for AI to get complex

Rediff.com20 Jan 2023

Asia's richest man Gautam Adani, besides looking at opportunities to expand his vast empire, is hooked on ChatGPT - the programme that trawls vast amount of information to generate natural-sounding text on virtually anything - from crafting jokes to writing ad copy, debugging computer code, to even generating poems and essays. Adani, whose conglomerate has in recent years diversified from mines, ports and power plants into airports, data centres and defence, penned musing from his visit to Davos to attend the World Economic Forum meeting. "From a meetings perspective, this was perhaps my busiest WEF as I met over a dozen heads of states and several business leaders," he wrote on LinkedIn, talking of new geopolitical couplings, climate change and tight-lipped evangelists and AI.

Justice B V Nagarathna: A Judge To Watch Out For

Justice B V Nagarathna: A Judge To Watch Out For

Rediff.com16 Jan 2023

'Justice B V Nagarathna has excellent human qualities and is a stickler for the law.'

'Investing is a loser's game'

'Investing is a loser's game'

Rediff.com5 Jul 2023

'In investing, you have to first make sure you don't make big mistakes.' 'I would advise small investors to be systematic, don't be arbitrary; don't be on either end of the risk spectrum.' 'Don't go from fixed deposit to option trading or crypto trading.'

'This is not where children abandon their parents'

'This is not where children abandon their parents'

Rediff.com4 Apr 2023

'This is about children caring for their parents and helping them with assistance.'

Nehru's policies, Ayodhya issue out of Assam Class 12 syllabus

Nehru's policies, Ayodhya issue out of Assam Class 12 syllabus

Rediff.com24 Sep 2020

The chapters were dropped by the Assam Higher Secondary Education Council (AHSEC) for the 2020-21 session, as part of the 30 per cent reduction of the syllabus, keeping in mind the loss of academic schedule that the students had to face because of the pandemic.

'Those who politicise...': Jaishankar's jibe at Pak, China

'Those who politicise...': Jaishankar's jibe at Pak, China

Rediff.com25 Sep 2022

In his address to the high-level UN General Assembly session, Jaishankar said those who politicise the UNSC 1267 Sanctions regime, sometimes even to the extent of defending proclaimed terrorists, do so at their own peril.

Full Text: PM Modi's address to US Congress

Full Text: PM Modi's address to US Congress

Rediff.com23 Jun 2023

Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.

Adani Crisis: Stress Test For Indian Capitalism

Adani Crisis: Stress Test For Indian Capitalism

Rediff.com15 Feb 2023

In this round, the market has won. But it is still for Gautam Adani to decide whether he has lost or not, argues Shekhar Gupta.

'Why not have two seasons of IPL every year?'

'Why not have two seasons of IPL every year?'

Rediff.com17 Jun 2022

Punjab Kings co-owner Ness Wadia feels that IPL should now be held in two separate halves with a significant increase in number of matches after the BCCI made a 'killing' at the media rights auction with a US$ 6.2 billion deal.

India must knock down import tariffs: Panagariya

India must knock down import tariffs: Panagariya

Rediff.com3 Jun 2020

Panagariya also pointed out that COVID-19 pandemic may lead to integration of global labour market.

Out Of Africa: The Real Story Behind World Cup

Out Of Africa: The Real Story Behind World Cup

Rediff.com15 Dec 2022

More than 50 Africa-born or African-origin players are spread across 11 teams -- excluding sides from the continent -- that are part of the tournament in Qatar.

CBSE drops Islamic empires, NAM lessons; not to teach Faiz's verses too

CBSE drops Islamic empires, NAM lessons; not to teach Faiz's verses too

Rediff.com23 Apr 2022

Similarly, in the class 10 syllabus, the topic 'impact of globalisation on agriculture' from a chapter on 'Food Security' has been dropped.

As govt gives WEF a miss, corporate honchos will represent India

As govt gives WEF a miss, corporate honchos will represent India

Rediff.com22 Jan 2019

The WEF meeting is crucial because of its theme encompassing globalisation at the time of rising nationalism and trade war, and the fourth industrial revolution due to rapid strides being made in robotics and artificial intelligence.

Ela Bhatt, whose SEWA empowered unorganised women workers, passes away

Ela Bhatt, whose SEWA empowered unorganised women workers, passes away

Rediff.com2 Nov 2022

Renowned women's rights activist and founder of the Self Employed Women's Association (SEWA) Ela Bhatt passed away in Ahmedabad on Wednesday due to age-related ailments, her associates said.

End conflict in Ukraine, return to dialogue: India at UN

End conflict in Ukraine, return to dialogue: India at UN

Rediff.com22 Sep 2022

Jaishankar said the world has experienced its consequences in terms of higher costs and shortages of foodgrains and fertilizers and fuel.

RBI Governor Is A Trapeze Artist

RBI Governor Is A Trapeze Artist

Rediff.com28 Dec 2022

Shaktikanta Das is a master of the finest balancing act who listens to all but takes his own decisions, discovers Tamal Bandyopadhyay.

At Davos, China's Xi warns against trade wars

At Davos, China's Xi warns against trade wars

Rediff.com17 Jan 2017

Globalisation is a "double-edged" sword" but cannot be blamed for the world's problems, Chinese President Xi Jinping said on Tuesday while pushing for greater role for emerging economies in governance of global institutions.

The rise and fall of the ultra-right

The rise and fall of the ultra-right

Rediff.com18 May 2017

Financial globalisation - or ultra globalisation - has done more harm than good to the majority of economies, say Anshuman Gupta & Karunakar Jha.

GDP likely to grow 7.5-8% in FY23: CII

GDP likely to grow 7.5-8% in FY23: CII

Rediff.com25 Apr 2022

India's economy is expected to grow 7.5-8 per cent this fiscal year with exports playing a key role in the country's success story, CII president TV Narendran said on Monday. However, he said the country needs to remain prepared for any fallout of next wave of COVID-19 pandemic, and the impact of the ongoing Russia-Ukraine war. "We are confident that the economy can retain a high growth trajectory this year. "So, we are very optimistic on the export front. "Exports will be a key component of India's success story going forward," Narendran said.

e-Rupee: An Idea Whose Time Has Come?

e-Rupee: An Idea Whose Time Has Come?

Rediff.com24 Nov 2022

The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.

'Ukraine situation will very likely worsen'

'Ukraine situation will very likely worsen'

Rediff.com19 Sep 2022

'The Russian attack might be a wakeup call for Europe.'

Satya Nadella on the biggest challenge world economy is facing

Satya Nadella on the biggest challenge world economy is facing

Rediff.com22 Jan 2019

This next phase of globalisation needs to deliver economic growth so that it is equitable: Nadella.

Inflation situation 'very alarming': Kaushik Basu

Inflation situation 'very alarming': Kaushik Basu

Rediff.com22 Jul 2021

India's wholesale price-based inflation is at a 30-year high, leading to a "very alarming" situation for the country, former World Bank chief economist Kaushik Basu said on Thursday. He, however, doesn't see any risk of hyperinflation, but cautioned that if retail inflation follows wholesale prices, it might lead to "inflationary crisis". Participating in a virtual event organised by the Asia Society, India, Basu said the inflationary situation in India is at a "very risky bend".

India, The Electoral Autocracy

India, The Electoral Autocracy

Rediff.com25 Oct 2022

'The most important priority for the next 25 years should be to strengthen our democracy so that it is supportive of social harmony, and to not just respect but to take pride in the diversity of Indian society in terms of the variety of languages, religion and religious practices and social norms,' explains Nitin Desai.

EMIs to rise as RBI hikes repo rate by 50 bps

EMIs to rise as RBI hikes repo rate by 50 bps

Rediff.com8 Jun 2022

The Reserve Bank of India (RBI) on Wednesday announced to increase the policy repo rate by 50 basis points to 4.9 per cent, the second hike in five weeks aimed at quelling the inflation. The MPC vote was unanimous and has decided to keep stance withdrawal from accommodative, RBI Governor Shaktikanta Das said in a press conference on Wednesday. The decision was taken during a three-day meeting of the RBI's Monetary Policy Committee (MPC) to review the interest rates in the country. The MPC voted unanimously to increase the policy repo rate by 50 bps to 4.90 per cent," Das said.

'We need Tharoor to shake the system'

'We need Tharoor to shake the system'

Rediff.com12 Oct 2022

'Since the party is at a stage when things are very bad, this is the best time to experiment.'

G20 Presidency Is A Jackpot For Modi

G20 Presidency Is A Jackpot For Modi

Rediff.com1 Dec 2022

Heading G20 will give India a foreign affairs year like it has never had in history. You can trust Narendra Modi to exploit this to India's benefit. And, of course, to his own in his election year, explains Shekhar Gupta.

The IPL brand just got more powerful!

The IPL brand just got more powerful!

Rediff.com26 Oct 2021

Former England captain Michal Vaughan talks of the power dynamics that theT20 tournament will hold, while Australia spin legend and former captain of Rajasthan Royals, Shane Warne reckons IPL makes cricket second most popular sport in the world.

Xi offers to cooperate with India for COVID-19 vaccine

Xi offers to cooperate with India for COVID-19 vaccine

Rediff.com17 Nov 2020

So far the coronavirus, which originated in the Chinese city of Wuhan, has infected more than 54 million people around the world and killed over 1.3 million others.

Want to invest in foreign equities? Read this

Want to invest in foreign equities? Read this

Rediff.com15 Mar 2021

To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.

India among the world's most unequal nations: Report

India among the world's most unequal nations: Report

Rediff.com7 Dec 2021

India stands out as a poor and very unequal country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom half just 13 per cent, according to a report. The report, titled ' World Inequality Report 2022', has been authored by Lucas Chancel, co-director of the World Inequality Lab, and coordinated by several experts, including French economist Thomas Piketty. It further said India is now among the most unequal countries in the world.

Am I Proud A British Indian Like Me Is PM?

Am I Proud A British Indian Like Me Is PM?

Rediff.com4 Nov 2022

'They say 'a picture paints a thousand words', so seeing Rishi Sunak PM at the door of Number 10 can never be taken from us.'' 'It is a symbol that will go down in the history books.' 'It is the very embodiment of me saying to my boys, "You can be who you want to be",' notes James Salins in this must-read feature.

6 important economic lessons of coronavirus

6 important economic lessons of coronavirus

Rediff.com13 Mar 2020

'The coronavirus epidemic highlights the need to start thinking more actively about multilateral coordination, including, but not confined to, health emergencies and climate uncertainties,' says Rathin Roy.

PM a versatile genius who thinks globally and acts locally: Justice Mishra

PM a versatile genius who thinks globally and acts locally: Justice Mishra

Rediff.com22 Feb 2020

He said India is the biggest democracy in the world and "people wonder how this democracy is functioning so successfully". "India is a responsible and most friendly member of the international community under the stewardship of internationally acclaimed visionary Prime Minister Shri Narendra Modi," he said.

Trump Has Been Reined In For The Moment

Trump Has Been Reined In For The Moment

Rediff.com14 Nov 2022

But Trump is about to announce his candidacy for president in 2024. And it is not clear if Florida Governor Ron DeSantis, the present hero of disenchanted Republicans, or Biden, who says he might seek re-election (but will decide in 2023), can checkmate Trump, notes Shreekant Sambrani.

Challenge for us: Rajnath on Taliban takeover in Afghanistan

Challenge for us: Rajnath on Taliban takeover in Afghanistan

Rediff.com29 Aug 2021

The Taliban insurgents stormed Afghanistan days ago capturing all major cities in a matter of days, two weeks before the US was set to complete its troop withdrawal after a vexatious two-decade war and the Kabul airport attack has left dozens dead and many injured.

US-promoted Indo-Pacific strategy bound to fail: China ahead of Quad summit

US-promoted Indo-Pacific strategy bound to fail: China ahead of Quad summit

Rediff.com22 May 2022

The US "Indo-Pacific Strategy" is bound to be a failed strategy, Wang said in the comments posted by the Chinese foreign ministry on its website.