News for 'middle-east'

'Absolutely believe it was a success': US on G20 Summit in Delhi

'Absolutely believe it was a success': US on G20 Summit in Delhi

Rediff.com12 Sep 2023

The US hails the landmark 'India-Middle East-Europe Economic Corridor' which will usher in a new era of connectivity from Europe to Asia and will stimulate economic growth across the two continents.

Iran attacks Israel, fires 200 drones, missiles

Iran attacks Israel, fires 200 drones, missiles

Rediff.com14 Apr 2024

Iran's Islamic Revolution Guard Corps (IRGC) said the attack was aimed at "specific targets".

Dorsa Yavarivafa: From fleeing Iran to Paris Olympics

Dorsa Yavarivafa: From fleeing Iran to Paris Olympics

Rediff.com23 May 2024

Yavarivafa would be jailed three times -- once entirely alone for a day, crying and taken from her mother -- before she made it to Birmingham, England at the end of 2019 and finally found a home.

Biden links Hamas attack to India-Mideast-Europe economic corridor

Biden links Hamas attack to India-Mideast-Europe economic corridor

Rediff.com26 Oct 2023

Biden told reporters at a joint news conference with the visiting Australian Prime Minister Anthony Albanese that his analysis is based on his instinct and does not have any proof for this.

India's services sector growth hits 13-and-a-half-yr high in Mar

India's services sector growth hits 13-and-a-half-yr high in Mar

Rediff.com4 Apr 2024

India's services sector witnessed one of the strongest growth rates in over 13-and-a-half years in March on the back of strong demand that spurred sales and business activity, a monthly survey said on Thursday. The seasonally adjusted HSBC India Services Business Activity Index rose from 60.6 in February to 61.2 in March, one of the strongest expansions in total sales and business activity in close to 14 years. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Blinken meets Arab leaders, says US against ceasefire in Gaza

Blinken meets Arab leaders, says US against ceasefire in Gaza

Rediff.com5 Nov 2023

United States Secretary of State Antony Blinken reiterated his country's stance against an immediate ceasefire in Gaza during his meetings with key Middle Eastern leaders on Saturday, CNN reported.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com15 Oct 2023

The ongoing second quarter earnings, movement of oil benchmark Brent crude and the uncertainty in the Middle East would dictate terms in the domestic markets this week, analysts said. Furthermore, the activities of Foreign Institutional Investors (FIIs) will also influence trading in the markets. "A slew of earnings reports from heavyweights expected this week will significantly impact market direction.

The big takeaways from G20 Summit in Delhi

The big takeaways from G20 Summit in Delhi

Rediff.com9 Sep 2023

India on Saturday pulled off a big diplomatic win after the G20 summit adopted a consensus declaration overcoming major differences on the Russia-Ukraine war, as Prime Minister Narendra Modi called for ending "global trust deficit".

How FarmDidi Is Changing Lives

How FarmDidi Is Changing Lives

Rediff.com20 Sep 2024

Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.

India remains world's top arms importer, Russia main supplier, says SIPRI

India remains world's top arms importer, Russia main supplier, says SIPRI

Rediff.com11 Mar 2024

Russia continued as India's main arms supplier, the Stockholm International Peace Research Institute said.

25 Global Brands Coming To India!

25 Global Brands Coming To India!

Rediff.com8 Apr 2024

'The Indian retail landscape is poised for a significant shift with the anticipated arrival of several prominent international luxury fashion brands in 2024.'

India's oil import bill could swell to $101-$104 bn in FY25: ICRA

India's oil import bill could swell to $101-$104 bn in FY25: ICRA

Rediff.com30 Apr 2024

India's net oil import bill could widen to $101-104 billion in current fiscal from $96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of $7.9 billion in 11 months (April-February) of 2023-24, up from $5.1 billion in 2022-23.

Israel fears ICC may order Netanyahu's arrest

Israel fears ICC may order Netanyahu's arrest

Rediff.com30 Apr 2024

Israeli officials believe that the International Criminal Court is preparing to issue arrest warrants for senior government officials on charges related to the ongoing war with Hamas, The New York Times reported, citing five Israeli and foreign officials.

Earthquake of magnitude 4.8 rattles New York, New Jersey

Earthquake of magnitude 4.8 rattles New York, New Jersey

Rediff.com5 Apr 2024

An earthquake of magnitude 4.8 struck 7 km north-northeast of Whitehouse Station, New Jersey, on Friday, the United States Geological Survey (USGS) reported.

Indian doctor in Bahrain fired over anti-Palestine tweet

Indian doctor in Bahrain fired over anti-Palestine tweet

Rediff.com21 Oct 2023

The Royal Bahrain Hospital in a statement on Friday described Dr. Sunil Rao's tweet, which he had subsequently deleted, as a violation of the hospital's code of conduct.

Finnish phone maker HMD plans to make India its manufacturing hub

Finnish phone maker HMD plans to make India its manufacturing hub

Rediff.com10 May 2024

Finnish phone manufacturer Human Mobile Devices (HMD Global), which acquired the Nokia brand name from Microsoft, is planning to make India a key manufacturing hub for its phone exports. The company only began exporting late last year with the Nokia 105 Classic. What started mainly with feature phones will now extend to smartphones - it announced the global launch of models under the HMD brand for the first time a few days ago and these will be available in India too.

US vetoes UNSC resolution on Gaza ceasefire

US vetoes UNSC resolution on Gaza ceasefire

Rediff.com20 Feb 2024

The UN Security Council on Tuesday failed to adopt a resolution calling for humanitarian ceasefire in the Israel-Hamas war after a veto by the US.

Sensex ends down 238 points ahead of Fed's rate decision

Sensex ends down 238 points ahead of Fed's rate decision

Rediff.com31 Oct 2023

Among the Sensex firms, Mahindra & Mahindra, Bharti Airtel, ICICI Bank, IndusInd Bank, Reliance Industries, Axis Bank and HDFC Bank were among the major laggards. Titan, Kotak Mahindra Bank, Asian Paints, HCL Technologies, Tech Mahindra, NTPC, Nestle and Power Grid were the major gainers.

Brookfield to buy ATC's India business for $2 bn

Brookfield to buy ATC's India business for $2 bn

Rediff.com5 Jan 2024

Canada-based Brookfield will acquire the Indian business of American Tower Corporation (ATC) for an enterprise value of $2 billion, a release said on Friday. The transaction is subject to regulatory approvals and expected to close in the second half of 2024. "Data Infrastructure Trust (DIT), an Infrastructure Investment Trust sponsored by an affiliate of Brookfield Asset Management, today announced the signing of an agreement with ATC to acquire 100 per cent of equity interests in American Tower's operations in India (ATC India), for an enterprise value of Rs 16,500 crore ($2 billion) which is subject to pre-closing terms as per the securities purchase agreement," it said.

China 'welcomes' India-Europe corridor so long as it doesn't...

China 'welcomes' India-Europe corridor so long as it doesn't...

Rediff.com11 Sep 2023

China welcomes all initiatives that truly help developing countries build infrastructure and sincere efforts to promote connectivity and common development, the Chinese Foreign Ministry said.

Manufacturing sector growth climbs to 4-month high in Jan

Manufacturing sector growth climbs to 4-month high in Jan

Rediff.com1 Feb 2024

India's manufacturing sector growth climbed to a four-month high in January as a sharper upturn in new orders boosted output growth amid mild cost inflation, a monthly survey said on Thursday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) recovered from an 18-month low of 54.9 in December to 56.5 in January. The latest reading highlighted the strongest improvement in the health of the sector since last September.

FPIs' investment value rises 13% to $738 bn in Dec quarter

FPIs' investment value rises 13% to $738 bn in Dec quarter

Rediff.com14 Feb 2024

The value of FPIs (Foreign Portfolio Investors) holding in Indian equities reached $738 billion in the three months ended December 2023, marking a surge of 13 per cent from the preceding quarter, driven by the strong performance of the domestic stock market, according to a report by Morningstar. The value of FPIs investment was at $651 billion in the September quarter of the current fiscal. On a year-on-year basis, the value of such investments rose 26 per cent from $584 billion in December 2022.

New product launches, margins to drive gains for Godrej Consumer Products

New product launches, margins to drive gains for Godrej Consumer Products

Rediff.com16 May 2024

Godrej Consumer Products (GCPL) reported 6 per cent year-on-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to Rs 3,385 crore and this was impacted adversely by currency movement. The constant currency (CC) growth would have been 30 per cent Y-o-Y in Q4FY24. India business clocked 12 per cent Y-o-Y revenue growth (5 per cent of it organic) with volume growth of 15 per cent Y-o-Y (7 per cent organic).

In home and office, India's real estate market is charting a course for growth

In home and office, India's real estate market is charting a course for growth

Rediff.com8 Jun 2024

India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).

Cooperate with Canada's Nijjar killing probe, Blinken urges India

Cooperate with Canada's Nijjar killing probe, Blinken urges India

Rediff.com11 Nov 2023

Blinken and US Defence Secretary Lloyd Austin were in Delhi for the fifth edition of the '2+2' dialogue.

Saudi doesn't need me to wash its image: Nadal

Saudi doesn't need me to wash its image: Nadal

Rediff.com15 Feb 2024

Nadal aims to play at French Open, Olympics

Aid for Maldives cut, Bhutan gets largest share from MEA pie

Aid for Maldives cut, Bhutan gets largest share from MEA pie

Rediff.com1 Feb 2024

In line with India's 'Neighbourhood First' policy, the largest share of aid portfolio has been granted to Bhutan with the allocation of Rs 2,068 crore.

Despite shrinking discounts, Russian crude flow to India may continue

Despite shrinking discounts, Russian crude flow to India may continue

Rediff.com22 Mar 2024

Despite discounts on Russian crude oil - which fell to the lowest since the Ukraine war began - and the rising sanctions, import volumes from the country will remain stable for now or at least till July, said refinery officials. "There is an appetite for Russian crude, and shipments are not expected to taper off beyond this point unless something major happens. "Talks are on, and buying will continue," an official at a major refinery said.

Belgian ex-PM backs India's permanent UNSC seat, urges UN reform

Belgian ex-PM backs India's permanent UNSC seat, urges UN reform

Rediff.com14 Jan 2024

Leterme contended that there is a need for the United Nations Security Council to adapt to the realities of the 21st century as it requires representation that goes beyond the structures established in the 20th century.

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

Rediff.com17 May 2024

India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.

'Elections May Sway Markets Temporarily'

'Elections May Sway Markets Temporarily'

Rediff.com17 May 2024

'The long-term impact of elections is minimal.'

'We share the pain': Salah's emotional Christmas message

'We share the pain': Salah's emotional Christmas message

Rediff.com25 Dec 2023

Liverpool forward Mohamed Salah said on Monday that families grieving for their loved ones in Gaza should not be forgotten, as he issued an emotional Christmas message marking only his second comment on the war in the enclave.

Putin Leaves Russia At Last!

Putin Leaves Russia At Last!

Rediff.com7 Dec 2023

Escorted by four fighter jets, Russian President Vladimir Putin made a rare one-day lightning tour to the Middle East during which he visited Saudi Arabia after a short trip to the United Arab Emirates.

HC grants bail to ISIS supporter, says fascination not association

HC grants bail to ISIS supporter, says fascination not association

Rediff.com6 May 2024

Any curious mind, the court observed, can access and download such content from the internet, which, by itself, is not a crime.

What if Tehran blocks Strait of Hormuz...

What if Tehran blocks Strait of Hormuz...

Rediff.com21 Apr 2024

Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.

Chinese Premier Li faces tough time at G20 Summit as India steals the show

Chinese Premier Li faces tough time at G20 Summit as India steals the show

Rediff.com10 Sep 2023

Li also had a difficult meeting with some of the Western leaders on the sidelines, especially Italian Prime Minister Giorgia Meloni, who has signalled Italy's resolve to quit China's famed Belt and Road Initiative for its failure to bring the expected results to Rome.

Far too many Palestinians killed in Gaza, says Blinken

Far too many Palestinians killed in Gaza, says Blinken

Rediff.com10 Nov 2023

The India-US joint statement after the 2+2 Ministerial Dialogue called for the immediate release of all remaining hostages.

Israel strikes back at Iran, blasts reported in Isfahan region

Israel strikes back at Iran, blasts reported in Isfahan region

Rediff.com19 Apr 2024

Israel launched missile strikes against Tehran during early hours on Friday (local time), ABC News reported citing a senior United States official.

Why West Opposes Strong Leader Like Modi

Why West Opposes Strong Leader Like Modi

Rediff.com9 Jun 2024

'The West has always opposed a strong nationalist leader in India and Narendra Modi is no exception.' 'The West prefers weak leaders who are amenable to Western pressure and Mr Modi's independent stance is not to the liking of the West,' asserts Colonel Anil A Athale (retd).

G20 Summit going well: Biden on Xi's absence

G20 Summit going well: Biden on Xi's absence

Rediff.com9 Sep 2023

"What I think is important is what is the position which that country has taken, how much that country has contributed to the deliberations and the outcomes," he said.