News for 'west-asia'

Modi to attend G7 Summit in Canada after PM Carney's invite

Modi to attend G7 Summit in Canada after PM Carney's invite

Rediff.com6 Jun 2025

Prime Minister Narendra Modi on Friday said he will be attending the G7 Summit later this month in Canada and that he looked forward to meeting his newly elected Canadian counterpart Mark Carney.

Canada snub? Modi to skip G7 summit amid strained ties with Ottawa

Canada snub? Modi to skip G7 summit amid strained ties with Ottawa

Rediff.com2 Jun 2025

It is learnt that Ottawa is yet to send an invitation to the Indian prime minister for the summit, but Modi, in any way, would have skipped it as such a visit would have required a lot of groundwork considering the current state of ties between the two sides, said the people cited above.

Israel launches airstrikes on Iran, targets nuclear facilities

Israel launches airstrikes on Iran, targets nuclear facilities

Rediff.com13 Jun 2025

In a dramatic escalation of tensions, Israel launched airstrikes early Friday targeting key nuclear facilities in and around Iran's capital Tehran.

India's First Emperor

India's First Emperor

Rediff.com1 Jul 2025

Chandragupta Maurya was the first king to establish an empire in India. He died a monk.

Air India may help India become international transit hub

Air India may help India become international transit hub

Rediff.com10 Jun 2025

Consider this: despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country.

Modi arrives in Canada for G7 Summit amid Israel-Iran conflict

Modi arrives in Canada for G7 Summit amid Israel-Iran conflict

Rediff.com17 Jun 2025

The Kananaskis gathering on June 16-17 is the Prime Minister's 6th consecutive participation in the G7 Summit.

Dialogue, not battlefields, key to global peace: Modi in Croatia

Dialogue, not battlefields, key to global peace: Modi in Croatia

Rediff.com19 Jun 2025

In his media statement following talks with his Croatian counterpart Andrej Plenkovic, Modi said both leaders agree that "terrorism is an enemy of humanity" and is inimical to forces that believe in democracy.

Indian refiners target cheaper US LPG imports with help from China tariffs

Indian refiners target cheaper US LPG imports with help from China tariffs

Rediff.com5 May 2025

Chinese import tariffs have unwittingly come to India's assistance to help boost imports of US liquefied petroleum gas (LPG) at rates cheaper than what it pays for supplies from West Asia, according to industry sources and shipping data.

Backed by Turkey, Azerbaijan, Sharif seeks talks with India

Backed by Turkey, Azerbaijan, Sharif seeks talks with India

Rediff.com28 May 2025

Leaders of Pakistan, Turkey and Azerbaijan agreed to strengthen their ties for the mutual benefit of their peoples, as well as for regional peace and prosperity. The understanding was reached at the Pakistan-Turkey-Azerbaijan trilateral summit in Lachin, Azerbaijan, attended by Prime Minister Shehbaz Sharif alongside presidents Recep Tayyip Erdogan and Ilham Aliyev. Azerbaijan announced a USD 2 billion investment in Pakistan's economy. Turkey expressed support for the ceasefire between Pakistan and India and hopes that it evolves into permanent peace.

'If The Checks Find Anything Even Slightly Off...'

'If The Checks Find Anything Even Slightly Off...'

Rediff.com18 Jun 2025

'...rectification has to happen then and there, and that takes additional time.'

Hyundai Shifts Focus to Exports As Sales Slow Down

Hyundai Shifts Focus to Exports As Sales Slow Down

Rediff.com29 May 2025

Hyundai aims to raise exports to 30% of output by FY30 as domestic sales slow; six EVs among 26 product launches planned as part of long-term growth strategy.

4 dead, 500 injured in 'massive explosion' at Iranian port city

4 dead, 500 injured in 'massive explosion' at Iranian port city

Rediff.com26 Apr 2025

At least four people were killed and 516 others were injured on Saturday in a massive explosion and fire at the Iranian port city of Bandar Abbas, more than 1,000km south of capital Tehran, according to officials and state media, Al Jazeera reported.

If India attacks Pak, B'desh should occupy NE states: Yunus' aide

If India attacks Pak, B'desh should occupy NE states: Yunus' aide

Rediff.com2 May 2025

A former Bangladesh army officer and close aide of Chief Adviser Muhammad Yunus has suggested that Dhaka should collaborate with China to occupy India's northeastern states if it attacks Pakistan in response to the Pahalgam terror attack. Bangladesh's interim government has distanced itself from the remarks made by Major General (Retd) ALM Fazlur Rahman on his social media account. Rahman's comments come amidst growing tensions between India and Bangladesh following Yunus' remarks in China about India's northeastern states being landlocked and needing Bangladesh's access to the ocean. These incidents have further strained relations between the two countries, with India withdrawing transhipment facilities granted to Bangladesh for exporting goods to the Middle East, Europe, and various other countries.

Pak envoy urges Trump to help ease tensions with India

Pak envoy urges Trump to help ease tensions with India

Rediff.com1 May 2025

Pakistan's Ambassador to the US, Rizwan Saeed Sheikh, has urged President Donald Trump to help ease tensions with India, highlighting the Kashmir issue as a "flash point" in nuclear terms. He believes that the US should take a more comprehensive and sustained approach to address the situation rather than just immediate de-escalatory measures.

India briefs foreign envoys on Pahalgam attack for 2nd straight day

India briefs foreign envoys on Pahalgam attack for 2nd straight day

Rediff.com26 Apr 2025

India briefed envoys of around 45 nations on the Pahalgam terror attack and its link to cross-border terrorism. The envoys were briefed in two batches by senior officials of the Ministry of External Affairs (MEA). India also announced punitive measures against Pakistan, including expulsion of Pakistani military attaches, suspension of the Indus Water Treaty of 1960 and immediate shutting down of the Attari land-transit post. Pakistan responded by shutting its airspace to all Indian airlines and suspending trade with New Delhi.

'Our industry outperformance is not a one-year story'

'Our industry outperformance is not a one-year story'

Rediff.com24 Mar 2025

'What is working is quality management, great teams, engineers, platforms, and highly differentiated services.'

'Terror Hasn't Gone Away, But We Have Raised The Cost And Consequences For Pakistan'

'Terror Hasn't Gone Away, But We Have Raised The Cost And Consequences For Pakistan'

Rediff.com23 May 2025

'War is not an answer. War is not a solution.' 'Deterrence is a solution. We should have the stick with us with which we can beat Pakistan.'

Dubai offers India Inc a low-tariff launchpad into EMs

Dubai offers India Inc a low-tariff launchpad into EMs

Rediff.com17 Apr 2025

Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president and chief executive officer, Dubai Chambers, at the Dubai-India Business Forum in Mumbai.

Will US Host India-Pakistan Talks In Washington?

Will US Host India-Pakistan Talks In Washington?

Rediff.com15 May 2025

Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.

India could double US energy purchases this year to offset tariff threat

India could double US energy purchases this year to offset tariff threat

Rediff.com24 Apr 2025

India's purchase of US crude oil has picked up in 2025 and could easily double their previous levels, government officials said on Wednesday. The surge comes in the wake of the then-incoming Donald Trump administration's announcement that it would consider hiking tariffs on a reciprocal basis, and pushed some countries, especially those with large trade surpluses with the US, to buy more of its energy.

Jaishankar to attend Trump's swearing-in ceremony

Jaishankar to attend Trump's swearing-in ceremony

Rediff.com12 Jan 2025

External Affairs Minister S Jaishankar will represent India at the inauguration of Donald Trump as the 47th President of the United States on January 20.

India advises restraint after Israeli strikes in Iran

India advises restraint after Israeli strikes in Iran

Rediff.com26 Oct 2024

India on Saturday said it was deeply concerned over the 'evolving escalation' in West Asia and urged all sides to exercise restraint and return to the path of dialogue and diplomacy.

Tea exports hit new high, but rising imports a worry

Tea exports hit new high, but rising imports a worry

Rediff.com8 Apr 2025

As India's tea exports reach their highest in years, a sharp rise in imports is raising concerns among producers. In 2024, India took the third spot in tea exports, pipping Sri Lanka after exporting 254.67 million kg (mkg) of tea, up from 231.69 mkg in 2023.

US tariff on Indian shrimp may go up from 8pc to 45 pc

US tariff on Indian shrimp may go up from 8pc to 45 pc

Rediff.com7 Apr 2025

Seafood is one of India's largest agricultural exports after basmati rice and buffalo meat.

Gold at fresh record high of Rs 91,950/10 gm

Gold at fresh record high of Rs 91,950/10 gm

Rediff.com19 Mar 2025

Gold prices advanced Rs 700 to reach a new lifetime high of Rs 91,950 per 10 grams in the national capital on Wednesday on the back of continued buying by jewellers ahead of wedding season, according to the All India Sarafa Association. Besides, increased tensions in the Middle East and concerns about the US economic slowdown have kept the demand for safe-haven assets intact.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

India's next big business op: Hub for undersea cables?

India's next big business op: Hub for undersea cables?

Rediff.com2 Apr 2025

While India has become the largest data generating nation, and hosts more than 152 data centres, it is fed by only 18 undersea cables.

Modi dials Trump, says 'delighted to speak to dear friend'

Modi dials Trump, says 'delighted to speak to dear friend'

Rediff.com28 Jan 2025

Prime Minister Narendra Modi and United States President Donald Trump on Monday vowed to work towards a 'trusted' partnership with a focus on boosting India-US cooperation in areas of trade, energy and defence in their first phone conversation since the American leader's inauguration last week.

Catalyst behind defence sector stocks regaining ground

Catalyst behind defence sector stocks regaining ground

Rediff.com24 Mar 2025

After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Rediff.com6 Mar 2025

A lower risk appetite among investors has driven gold, traditionally a safe-haven asset, to record highs so far this year. Fuelled by geopolitical tensions in West Asia, robust demand from central banks - particularly in Asia - and US President Donald Trump's tariff volleys, spot gold touched an all-time high of $2,956 per ounce on February 24 in the international markets.

'India Is In A State Of 'Not War, Not Peace'

'India Is In A State Of 'Not War, Not Peace'

Rediff.com11 Mar 2025

'And this will persist given the two-and-a-half-front threat we face.'

Crunch time for Asian Champions League's last 16 slots

Crunch time for Asian Champions League's last 16 slots

Rediff.com16 Feb 2025

Saudi Pro League champions Al-Hilal as well as Al-Ahli and Al-Nassr confirmed their berths in the knockout rounds in West Asia late last year, and the big-spending trio have since been joined by Qatar's Al-Sadd and Al Wasl of the UAE.

From Tesla to Mercedes, luxury carmakers head South

From Tesla to Mercedes, luxury carmakers head South

Rediff.com11 Mar 2025

In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23

Covid-19: Remittances from West Asia hit in FY21

Covid-19: Remittances from West Asia hit in FY21

Rediff.com25 Jul 2022

The money sent home by Indians from West Asian countries took a beating in 2020-21 due to the pandemic. On the other hand, overseas Indians in advanced nations - the United States, United Kingdom and Singapore - emerged as important sources of remittance, according to a Reserve Bank of India (RBI) survey. Indians working in informal sectors in West Asia seem to have been impacted the most due to the lockdowns and subdued crude oil prices as well as slower pace of migration in recent years.

Modi dials Netanyahu, says no place for terrorism in world

Modi dials Netanyahu, says no place for terrorism in world

Rediff.com1 Oct 2024

It is crucial to prevent regional escalation and ensure the safe release of all hostages, Modi said.

How Modi Has Changed Babus

How Modi Has Changed Babus

Rediff.com4 Mar 2025

At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions.

''Trump Will Do A Deal With China'

''Trump Will Do A Deal With China'

Rediff.com7 Mar 2025

'Trump's desire to withdraw the US from some arenas on the global stage will result in ceding space to China.'

Chris Wood trims exposure to Indian equities by 1 point

Chris Wood trims exposure to Indian equities by 1 point

Rediff.com3 Oct 2024

Global head of equity strategy at Jefferies, Christopher Wood, has cut his exposure to Indian equities by one percentage point in the Asia-Pacific ex-Japan relative-return portfolio, and Australia and Malaysia by half a percentage point each in favour of China, which has seen a hike in exposure by two percentage points. The rally in China has been fast-forwarded by the approach of a seven-day holiday with the CSI 300 Index up 8.5 per cent on Monday, and 25.1 per cent in five trading days, he said.

'Deeply concerned': India calls for restraint amid escalating Iran-Israel tensions

'Deeply concerned': India calls for restraint amid escalating Iran-Israel tensions

Rediff.com2 Oct 2024

India also advised its citizens to avoid all non-essential travel to Iran.

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.