News for 'trade sanctions'

Excise case: CBI files supplementary charge sheet against Sisodia

Excise case: CBI files supplementary charge sheet against Sisodia

Rediff.com26 Apr 2023

Special Judge M K Nagpal fixed May 12 for consideration of the charge sheet after the CBI submitted that the prosecution sanction against Sisodia has already been procured from the competent authorities.

Why US, Russia Want India On Its Side

Why US, Russia Want India On Its Side

Rediff.com7 Mar 2022

'India enjoys the maneuverability of a coming big power.' 'It is this possibility that has persuaded Moscow to humour India and stayed Washington from getting punitive about India's neutrality on the Ukraine issue.'

FPIs pull out massive Rs 17,537 cr from Indian markets

FPIs pull out massive Rs 17,537 cr from Indian markets

Rediff.com6 Mar 2022

Foreign portfolio investors (FPIs) pulled out as much as Rs 17,537 crore from the Indian markets in just three trading sessions of March as investors' sentiment got dented by the uncertainty triggered by the Russia-Ukraine conflict and rising crude oil prices. As per depositories data, they pulled out Rs 14,721 crore from equities, Rs 2,808 crore from debt segment and Rs 9 crore from hybrid instruments between March 2-4. This took the total net outflow to Rs 17,537 crore.

Ukraine war threatens another global recession, deglobalisation: Patra

Ukraine war threatens another global recession, deglobalisation: Patra

Rediff.com11 Mar 2022

The sweeping economic sanctions on Russia - the second largest producer of crude oil - following its invasion of Ukraine late last month can cull global and domestic growth along with the added pains of higher inflation and currency depreciation, RBI Deputy Governor Michael Patra has said. And if the war lingers on, it can even lead to deglobalisation and even a recession, he added. The ongoing war has only added a whole new dimension to the outlook, and in fact, a weighty downside, Patra said in a lecture at the industry lobby IMC on Friday evening.

'PM's US visit was surely tracked, dissected by Beijing'

'PM's US visit was surely tracked, dissected by Beijing'

Rediff.com27 Jun 2023

'The Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Rediff.com3 Aug 2023

Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.

Oil retreats, still above $100; no supply shocks for India

Oil retreats, still above $100; no supply shocks for India

Rediff.com25 Feb 2022

International oil prices retreated from an over seven-year high but was still above $100 a barrel and continue to pose threat to India's inflation rate and current account deficit. While there are no supply concerns as the oil route remained open, consumers will feel the pinch when PSU oil firms start passing on the increase in international rates through a revision in petrol and diesel prices, which have been on a pause for over three-and-a-half-months in view of elections in Uttar Pradesh and four other states. The government is "closely monitoring the situation" and will "take appropriate steps as and when required", a top official said. Brent crude oil surged past $105 per barrel on Thursday for the first time since August 2014, following Russia's invasion of Ukraine.

Russia to deliver S-400 by April 2023: Govt

Russia to deliver S-400 by April 2023: Govt

Rediff.com17 Jul 2019

India had signed a $5.43 billion deal with Russia for the purchase of five S-400s.

Crude shipments from US on the rise

Crude shipments from US on the rise

Rediff.com5 Dec 2022

Crude oil shipments from the US to India rose to the highest levels in November since the conflict began in Ukraine in late February, sparking hopes of a resurgence in oil flows from the US to the subcontinent, reveals shipping data. Shipments from the US have surged as Western nations prepare to impose additional sanctions on Russian crude flows. The US shipped around 450,000 barrels per day of crude last month to India, twice that of shipments in October, according to data from London-based commodity intelligence provider Vortexa.

Gold, Best Hedge For Inflation

Gold, Best Hedge For Inflation

Rediff.com11 May 2022

Young investors could allocate in the proportion of 70:20:10 to equity, debt and gold.

India-Russia ties are under stress because of US approach: Envoy

India-Russia ties are under stress because of US approach: Envoy

Rediff.com6 Feb 2023

Russia on Monday accused the US of "actively" exploiting the "contradictions" between India and China to its advantage and asserted Moscow and New Delhi accumulated mutual trust and confidence based on decades-old ties that would help the two sides to deal with the current geopolitical turbulence.

GAIL feels blowback from Ukraine war

GAIL feels blowback from Ukraine war

Rediff.com17 Aug 2022

On February 24, when Vladimir Putin announced a military operation on Ukraine, few would have thought that Indian government-owned GAIL India would feel the impact. The tensions over gas supplies were essentially a Europe-Russia problem, related to the sanctions western economies imposed on Moscow. But the EU depends on Russian imports for 40 per cent of its gas stocks, an over-dependence that Russia has underlined with Kremlin-owned Gazprom cutting its supplies through the Nord Stream 1 pipeline to 20 per cent, citing maintenance issues.

Petrol, diesel prices hiked by 80 paise a litre; LPG up by Rs 50

Petrol, diesel prices hiked by 80 paise a litre; LPG up by Rs 50

Rediff.com22 Mar 2022

Petrol and diesel prices were on Tuesday hiked by 80 paise a litre while domestic cooking gas prices were increased by Rs 50 per cylinder, ending an over four-and-half month election-related hiatus in rate revision, sources said. Petrol in Delhi will now cost Rs 96.21 per litre as against Rs 95.41 previously while diesel has gone up from Rs 86.67 per litre to Rs 87.47. Simultaneously, the price of a non-subsidised LPG cylinder has been increased to Rs 949.50 for each 14.2-kg bottle in the national capital.

US maintains status quo on India's patent regime

US maintains status quo on India's patent regime

Rediff.com1 May 2014

Special 301 Report expresses concern over weak IPR laws, to conduct reviews.

Why the world will not isolate Pakistan

Why the world will not isolate Pakistan

Rediff.com29 Sep 2016

'The call to isolate Pakistan on the ground of sponsoring and supporting terrorism, particularly when the UN has not even defined terrorism, is a wild goose chase.' 'The responses of the various countries to the Uri attack provides testimony to this fact.' 'No country, not even Russia, was willing to condemn Pakistan for this dastardly act,' says Ambassador T P Sreenivasan.

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Will Ukraine war reference wreck consensus at India-hosted G20 FMs' meet too?

Rediff.com28 Feb 2023

Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.

'US Won't Pressure India On Russia'

'US Won't Pressure India On Russia'

Rediff.com27 Oct 2022

'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'

'Wise to invest in quality large-cap and mid-cap stocks'

'Wise to invest in quality large-cap and mid-cap stocks'

Rediff.com7 Mar 2022

'Earning expectations remain strong.'

Another coronavirus fallout: India's shipping business

Another coronavirus fallout: India's shipping business

Rediff.com15 Feb 2020

'The coronavirus impact is much bigger than what the market had predicted. We are helpless and simply watching the market at present. Nothing can be done,' said Anil Devli, chief executive officer (CEO) of Indian National Shipowners' Association (INSA).

Ukraine Crisis: What Will China Do?

Ukraine Crisis: What Will China Do?

Rediff.com25 Feb 2022

Beijing will be intently watching Washington's response for any hint of weakness. Xi Jinping, who feels China has a limited window of strategic opportunity, will be emboldened to take additional initiatives in the Indo-Pacific and specifically against India and Taiwan, warns Jayadeva Ranade, the former senior RA&W officer and China expert.

'India can't wish away defence ties with Russia'

'India can't wish away defence ties with Russia'

Rediff.com25 Jun 2019

Sources also said that India meets the criteria for a US sanctions waiver for procuring S-400 missile defence systems from Russia and the Trump administration has 'enough flexibility' on the issue.

Gold, silver ETFs gain amid Russia-Ukraine tensions

Gold, silver ETFs gain amid Russia-Ukraine tensions

Rediff.com24 Mar 2022

The surge in volatility across the globe sparked by Russian invasion of Ukraine has led to an increase in prices of gold and silver - considered to be safe-haven investment bets. In the past month, silver funds have delivered returns of 7.34 per cent, while gold funds on an average have risen around 6 per cent. In comparison, the benchmark Nifty has declined 4 per cent. Fund managers say precious commodities act as a good hedge against inflation and phases of geopolitical uncertainty.

US reaffirms support for India's membership to UNSC, NSG

US reaffirms support for India's membership to UNSC, NSG

Rediff.com12 Apr 2022

The Biden administration has reaffirmed its commitment to support India's permanent membership in a reformed UN Security Council and New Delhi's entry to the Nuclear Suppliers' Group.

CNG rates hiked by 50 paise/kg in Delhi; remain same in Mumbai

CNG rates hiked by 50 paise/kg in Delhi; remain same in Mumbai

Rediff.com8 Mar 2022

CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price has been put on wait-and-watch mode for more clarity on global oil prices. CNG price in NCT of Delhi has been increased to Rs 57.51 per kg from Rs 56.51, according to the information posted on the website of Indraprastha Gas Ltd - the firm which retails CNG and piped cooking gas in the national capital. Following the firming up of international gas rates, IGL has been raising CNG rates by up to 50 paise (Rs 0.50) per kg periodically. Prices have gone up by about Rs 4 per kg this year alone.

War fears grow as Putin recognises 2 Ukraine regions as independent

War fears grow as Putin recognises 2 Ukraine regions as independent

Rediff.com22 Feb 2022

Putin justified his decision in a speech blaming NATO for the current crisis and calling the US-led alliance an existential threat to Russia.

India's Value For The US Goes Beyond Its Capacity To Wage War

India's Value For The US Goes Beyond Its Capacity To Wage War

Rediff.com9 May 2023

The Indian position on the Russia-Ukraine war and the unconditional treaty between China and Russia appear to have caused some ripples in India-US relations and led to a reappraisal of India's usefulness to the US in the eventuality of a conflict with China, notes Ambassador T P Sreenivasan.

Pharma license: Why US has no right to flex its muscle

Pharma license: Why US has no right to flex its muscle

Rediff.com20 Mar 2014

The United States 'is leading the world in the use of compulsory licenses, and is hypocritical in voicing indignance when developing countries issue compulsory licenses for essential drugs,' Washington-based Knowledge Ecology International, with its offices in Geneva, has alleged.

Modi Set To Use G20 Presidency For Domestic Use

Modi Set To Use G20 Presidency For Domestic Use

Rediff.com29 Nov 2022

Modi on the global stage always comes across as a statesman, counselling peace and amity to world leaders even as his policies at home hurt certain sections, explains Virendra Kapoor.

Will raise human rights: US envoy-designate to India

Will raise human rights: US envoy-designate to India

Rediff.com15 Dec 2021

"Few nations are more vital to the future of American security and prosperity than India," Garcetti told the committee.

Indian firms put dollar bond plans on hold

Indian firms put dollar bond plans on hold

Rediff.com8 Mar 2022

With the international markets facing uncertainty after Russia invaded Ukraine and Western nations retaliated with sanctions, Indian companies are putting their international fundraising plans on hold as they wait for the markets to recover. Bankers said apart from the geopolitical crisis, international rates are hardening in anticipation of interest rate hikes by the US Federal Reserve to control rising prices in the US. The Ukraine situation has implications for the market. In such a situation, international investors try to shift to safe haven assets by exiting from emerging markets.

G20 declaration echoes Modi, says 'this era must not be of war'

G20 declaration echoes Modi, says 'this era must not be of war'

Rediff.com16 Nov 2022

Leaders at the G20 summit on Wednesday called for an immediate end to the Ukraine conflict, holding that "today's era must not be of war", a formulation that echoed Prime Minister Narendra Modi's message to Russian President Vladimir Putin in September.

CBI files 3 fresh FIRs against Mehul Choksi in Rs 6,700-cr PNB fraud case

CBI files 3 fresh FIRs against Mehul Choksi in Rs 6,700-cr PNB fraud case

Rediff.com17 Dec 2022

The diamantaire's counsel said there is a vigilance manual circular that the consortium can lodge only one FIR. Each consortium member cannot lodge separate FIRs, he said.

India bans trade of nuke items with North Korea

India bans trade of nuke items with North Korea

Rediff.com27 Oct 2009

India on Tuesday banned exports and imports of all items from North Korea that can be used in nuclear or ballistic missile plans. The Commerce Ministry imposed a blanket ban on "all items, materials, equipment, goods and technologies which could contribute to the Democratic People's Republic of Korea's nuclear-related, ballistic missile-related and other weapons of mass destruction-related programmes".

Petrol, diesel prices may be hiked this week

Petrol, diesel prices may be hiked this week

Rediff.com7 Mar 2022

Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of $140 per barrel. West Texas Intermediate crude futures, the US oil benchmark, rose to $130.50 per barrel on Sunday evening, its highest since July 2008, before retreating. The international benchmark, Brent crude, hit a high of $139.13 at one point overnight, also its highest since July 2008.

The Importance Of Nancy Pelosi

The Importance Of Nancy Pelosi

Rediff.com3 Aug 2022

Nancy Pelosi's gritty refusal to backtrack on her plans to visit Taiwan is part of who she is.

Will go by national interest: Jaishankar to Pompeo on S-400

Will go by national interest: Jaishankar to Pompeo on S-400

Rediff.com26 Jun 2019

"We have many relationships...they have a history. We will do what is in our national interest and part of that strategic partnership is the ability of each country to comprehend and appreciate the national interest of the other," Jaishankar said.

Can India Be A 'Vishwaguru'?

Can India Be A 'Vishwaguru'?

Rediff.com4 May 2022

Many of the stories, the pictures going out of India worldwide lately with these provocative processions, taunting of Muslims, bulldozers targeting mostly their properties, the sweeping 'othering' of a community of 200 million are painting the front pages and TV screens in the democratic world. That is where most of the friends we covet lie. Soon enough, these will also make our vital friends among the Muslim nations, from Bangladesh to Saudi Arabia and the UAE, uneasy. The best time for course correction is now, asserts Shekhar Gupta.

Russian foreign minister Lavrov to arrive in India tomorrow

Russian foreign minister Lavrov to arrive in India tomorrow

Rediff.com30 Mar 2022

Russian Foreign Minister Sergey Lavrov will be on a two-day official visit to India from Thursday, his first trip to the country since Moscow launched its invasion of Ukraine last month.

Modi Breaks Fresh Ground In Foreign Policy

Modi Breaks Fresh Ground In Foreign Policy

Rediff.com23 Mar 2022

'The big power struggle in faraway Europe erupted at a most critical juncture when India has been increasingly sceptical about American policies and statesmanship,' argues Ambassador M K Bhadrakumar.

Railways may scrap new dedicated freight corridors, enhance existing ones

Railways may scrap new dedicated freight corridors, enhance existing ones

Rediff.com25 May 2022

This alternative is being planned as the existing projects continue to be delayed due to land acquisition troubles. The ministry is thinking of adding new track lines to its existing eastern and western DFCs passing major areas in the proposed stretches, senior officials said.