News for 'international trade'

DRI Busts Ivory Trafficking Ring In Mysuru

DRI Busts Ivory Trafficking Ring In Mysuru

Rediff.com27 May 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a wildlife trafficking syndicate involved in the illegal trade of Indian elephant tusks (ivory) in Mysuru, leading to the seizure of 4.058 kg of tusks and the apprehension of three individuals.

West Asia Tensions Drive Marine War-Risk Premiums Up 200%

West Asia Tensions Drive Marine War-Risk Premiums Up 200%

Rediff.com24 Jul 2026

Marine war-risk premiums for West Asian shipping routes, particularly the Red Sea corridor, have surged by as much as 200 per cent due to renewed geopolitical tensions, with some high-risk transits seeing increases of over 1,000 per cent, according to industry brokers.

India is a tough nut to crack: Trump's trade representative

India is a tough nut to crack: Trump's trade representative

Rediff.com23 Apr 2026

A US trade representative described India as a 'tough nut to crack' during trade agreement negotiations in Washington, highlighting India's protection of its agricultural markets and the ongoing discussions on specific commodities.

US deploys sea, air attack drones for first time in Iran war

US deploys sea, air attack drones for first time in Iran war

Rediff.com13 Jul 2026

The US Central Command (CENTCOM) has launched extensive precision strikes across multiple Iranian military installations, deploying both one-way attack aerial and sea drones for the first time, to degrade Tehran's ability to disrupt international maritime trade in the Strait of Hormuz.

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com11 May 2026

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

Trump scraps 20% Hormuz toll for 'massive' Gulf investment deals

Trump scraps 20% Hormuz toll for 'massive' Gulf investment deals

Rediff.com15 Jul 2026

Donald Trump announced he is replacing the 20% reimbursement fee for securing the Strait of Hormuz with massive trade and investment deals from Gulf States into the United States, while maintaining a full blockade on Iranian ship traffic.

Why Bangladesh Matters For India's Future

Why Bangladesh Matters For India's Future

Rediff.com28 Jul 2026

For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.

Kuwait, Bahrain attacked; Jordan downs 4 Iranian missiles

Kuwait, Bahrain attacked; Jordan downs 4 Iranian missiles

Rediff.com13 Jul 2026

Kuwait's air defence systems engaged 'hostile aerial targets', Jordan intercepted four missiles, and Bahrain sounded warning sirens after Iran launched retaliatory strikes targeting US military installations in the region.

Former MHA Official: Pak Cricket Teams Trafficked Drugs in India, Linked to Woolmer's Death

Former MHA Official: Pak Cricket Teams Trafficked Drugs in India, Linked to Woolmer's Death

Rediff.com14 Jul 2026

R V S Mani, former Under Secretary of the Union Ministry of Home Affairs, has alleged that drug trafficking was a regular practice by Pakistani cricket teams and delegations visiting India, linking it to the 2006 doping scandal involving Shoaib Akhtar and Mohammad Asif, and even the death of coach Bob Woolmer.

ONGC to build 1.75 mt strategic oil reserve in Mangaluru, boosting India's energy security

ONGC to build 1.75 mt strategic oil reserve in Mangaluru, boosting India's energy security

Rediff.com11 Jul 2026

State-run Oil and Natural Gas Corporation (ONGC) has approved the development of a 1.75 million tonnes (mt) strategic petroleum reserve (SPR) in Mangaluru, a project deemed of national importance, with plans for broad commercial utilisation.

India summons Iran envoys, protests strikes on vessels in Hormuz

India summons Iran envoys, protests strikes on vessels in Hormuz

Rediff.com14 Jul 2026

India has lodged a 'strong protest' with Iran over recent strikes on commercial vessels in the Strait of Hormuz, which resulted in the death of one Indian sailor and injuries to several others, calling for an immediate cessation of hostilities and a return to diplomatic engagement.

India-US trade talks end, both sides agree to remain engaged

India-US trade talks end, both sides agree to remain engaged

Rediff.com24 Apr 2026

India and the US have reported positive progress in recent trade talks in Washington, agreeing to maintain engagement to finalise a bilateral trade agreement, which now requires recalibration following new US tariffs.

If India Becomes A Doormat, The US Will Tread On It

If India Becomes A Doormat, The US Will Tread On It

Rediff.com23 Jul 2026

The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.

Trump to meet Xi Jinping on Wednesday to discuss Iran conflict, trade issues

Trump to meet Xi Jinping on Wednesday to discuss Iran conflict, trade issues

Rediff.com12 May 2026

US President Donald Trump is set to visit China for talks with President Xi Jinping on trade, global issues, and the Gulf war. The visit aims to address trade frictions and other key issues, with high expectations for progress.

MEA condemns attack on Indian crew in Strait of Hormuz

MEA condemns attack on Indian crew in Strait of Hormuz

Rediff.com12 Jul 2026

India has condemned an attack on a Cyprus-flagged commercial vessel off the coast of Oman, which resulted in one Indian crew member going missing. The incident occurred amidst escalating hostilities between Iran and the US in West Asia, prompting India to call for immediate de-escalation and an end to targeting commercial shipping in the region.

Stock Markets Today: Sensex, Nifty Rebound as Crude Prices Ease

Stock Markets Today: Sensex, Nifty Rebound as Crude Prices Ease

Rediff.com24 Jun 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade, recovering from previous losses, driven by softening crude oil prices and renewed buying interest in blue-chip stocks. Analysts note that the fall in Brent crude below USD 77 has removed significant macro headwinds for India, contributing to market stability.

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Rediff.com13 May 2026

US President Donald Trump received a red carpet welcome in Beijing for talks with Chinese President Xi Jinping on trade, the Iran war, and other key issues. The visit underscores the importance both nations place on their relationship amid ongoing tensions.

Trump ends China visit after extensive talks with Xi on trade, global issues

Trump ends China visit after extensive talks with Xi on trade, global issues

Rediff.com15 May 2026

Donald Trump says several issues were settled during the final day of talks with Xi Jinping covering trade, tariffs, and diplomacy.

'When We Can Survive 50% Tariff, We Can Survive Anything!'

'When We Can Survive 50% Tariff, We Can Survive Anything!'

Rediff.com1 Jul 2026

'It's very important for India to retain its sovereignty. India should not sign any agreement which compromises its sovereignty.'

FIFA World Cup: Argentina's bizarre ritual to stop Kane before semis

FIFA World Cup: Argentina's bizarre ritual to stop Kane before semis

Rediff.com15 Jul 2026

Ahead of their World Cup semi-final clash against England, Argentina fans are engaging in traditional 'cabalas' or superstitions, including freezing captain Harry Kane's name, to bring their national team good fortune on the pitch.

Indian crew member missing after Iran attacks container ship in Strait of Hormuz

Indian crew member missing after Iran attacks container ship in Strait of Hormuz

Rediff.com12 Jul 2026

India has condemned the attack on the Cyprus-flagged container ship M/V GFS Galaxy in the Strait of Hormuz, which resulted in one Indian crew member going missing. The United States responded with a third round of retaliatory strikes against Iranian targets, further escalating tensions in the Gulf.

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

Rediff.com9 Jul 2026

The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.

'Just look at him!' Trump gushes over Modi at G7 meet

'Just look at him!' Trump gushes over Modi at G7 meet

Rediff.com17 Jun 2026

US President Donald Trump lauded Prime Minister Narendra Modi's 'calm, cool, killer' persona at the G7 leaders' lunch in France, underscoring the deeply strategic relationship and formidable diplomatic skills of the Indian leader ahead of their crucial bilateral meeting.

India-US reschedule meeting on interim trade deal

India-US reschedule meeting on interim trade deal

Rediff.com22 Feb 2026

India and the US have decided to reschedule their meeting to finalize the interim trade pact due to recent developments and implications, including changes in US tariffs.

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com20 Jul 2026

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

Inflation likely to remain contained:FinMin report

Inflation likely to remain contained:FinMin report

Rediff.com1 Jul 2026

India's finance ministry anticipates inflation will remain relatively contained in the coming months, supported by a correction in crude oil prices and softening input costs following the cessation of the West Asia conflict, despite earlier spikes in wholesale and retail inflation.

Ceasefire crumbles? US bombs Iran after Hormuz attack, Tehran retaliates

Ceasefire crumbles? US bombs Iran after Hormuz attack, Tehran retaliates

Rediff.com27 Jun 2026

The US forces conducted strikes against Iran, on Friday, as a powerful response to Thursday's attack on a commercial ship that was transiting the Strait of Hormuz, said Central Command (CENTCOM) in a statement.

Mahadev betting app founder Sourabh Chandrakar detained in Oman

Mahadev betting app founder Sourabh Chandrakar detained in Oman

Rediff.com8 Jul 2026

Sourabh Chandrakar, the absconding founder of the Mahadev betting app, has been detained in Oman based on an Interpol Red Notice. Indian agencies are now working to extradite or deport him. The ED's investigation into the syndicate has revealed alleged proceeds of crime worth Rs 6,000 crore and links to high-ranking politicians and bureaucrats.

P V Sindhu Wins Japan Open Super 750 Title, Ends Two-Year Title Drought

P V Sindhu Wins Japan Open Super 750 Title, Ends Two-Year Title Drought

Rediff.com19 Jul 2026

Two-time Olympic medallist PV Sindhu secured her maiden Super 750 title at the Japan Open, defeating local favourite Akane Yamaguchi in straight games.

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

Rediff.com17 Jun 2026

Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.

India to supply BrahMos, Astra missiles to Indonesia; backs Indo-Pacific peace

India to supply BrahMos, Astra missiles to Indonesia; backs Indo-Pacific peace

Rediff.com7 Jul 2026

Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Rediff.com10 Jul 2026

Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.

Congress, BJP Trade Accusations In Champawat Rape Case

Congress, BJP Trade Accusations In Champawat Rape Case

Rediff.com9 May 2026

The Congress and BJP in Uttarakhand are engaged in a war of words over the alleged Champawat rape case, which police have now deemed a fabricated incident stemming from a long-standing dispute. Both parties accuse each other of political manipulation and attempting to tarnish the other's image.

3rd ODI: Morkel confident Rohit Sharma will overcome slump in form

3rd ODI: Morkel confident Rohit Sharma will overcome slump in form

Rediff.com18 Jul 2026

India bowling coach Morne Morkel has expressed confidence in Rohit Sharma's ability to overcome his recent struggles in the ongoing ODI series against England, highlighting the calmness he brings to the team. Morkel also discussed the team's batting concerns, the need for middle-order breakthroughs, and his potential role in the 2027 World Cup.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

Rediff.com10 Jul 2026

SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.

Iran's Prez Pezeshkian reaches Pak for talks on US pact, regional security

Iran's Prez Pezeshkian reaches Pak for talks on US pact, regional security

Rediff.com23 Jun 2026

Iranian President Masoud Pezeshkian is on a state visit to Pakistan to discuss the full implementation of an agreement signed between Iran and the US, alongside regional and international developments. The visit also aims to strengthen bilateral cooperation across various sectors, following recent high-level talks between the US and Iran in Switzerland regarding regional security.

India's exports plunge 7.44% in March; trade with West Asia nosedives

India's exports plunge 7.44% in March; trade with West Asia nosedives

Rediff.com15 Apr 2026

India's exports experienced their steepest fall in five months, declining by 7.44 per cent in March to $38.92 billion, primarily due to trade uncertainty and geopolitical tensions, with shipments to West Asia contracting by over 50 per cent.

Gold Imports Fall After Duty Hike

Gold Imports Fall After Duty Hike

Rediff.com19 Jun 2026

Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes while recycling of old jewellery has increased following the recent hike in import duties.

Pakistan's airstrikes on Afghanistan a violation of sovereignty, India tells UN

Pakistan's airstrikes on Afghanistan a violation of sovereignty, India tells UN

Rediff.com9 Jun 2026

India has strongly condemned Pakistan's military airstrikes against Afghanistan, citing significant civilian casualties, and criticised its 'trade and transit terrorism' against Afghan traders, calling these actions blatant violations of international law and UN norms.