Search results for ' Economic'

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Rediff.com31 May 2026

Ladakh Lieutenant Governor Vinai Kumar Saxena on Sunday approved a new Excise Policy, permitting the sale of hard liquor through retail vends, reducing documents to obtain a licence from 16 to six and extending the liquor availability to four more districts.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

Rediff.com25 May 2026

Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.

Maharashtra Government Suspends Officials After Spurious Liquor Deaths

Maharashtra Government Suspends Officials After Spurious Liquor Deaths

Rediff.com30 May 2026

Following the deaths of 15-18 people in Pune and Pimpri Chinchwad due to spurious liquor, the Maharashtra government has suspended 22 police and excise department personnel for failing to act against the illegal liquor trade. Financial assistance has been announced for the victims' families, and a statewide crackdown on illicit liquor is underway.

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

Cow protection row: What Muslim members told constituent assembly in 1948

Cow protection row: What Muslim members told constituent assembly in 1948

Rediff.com27 May 2026

Amid calls from sections of the Muslim community that cow should be declared a national animal, a look at the Constituent Assembly debates shows that two Muslim members had sought an unambiguous spelling out of the state's stance on cow slaughter, with one of them even calling for prohibiting it as part of fundamental rights.

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Rediff.com28 May 2026

Bajaj Finserv announced a strategic initiative to invest up to Rs 2,000 crore in artificial intelligence and technology-led startups over the next five years, along with a collaboration with IIT-Bombay for joint research.

'Ideologically, D K Shivakumar Is Rather RSS-ish'

'Ideologically, D K Shivakumar Is Rather RSS-ish'

Rediff.com3 Jun 2026

'Shivakumar's relationship with the BJP and the RSS is not adversarial in the way Siddaramaiah's has been.' 'Siddaramaiah has publicly attacked the RSS on record; Shivakumar has made no such statement at any point.' 'He vociferously defended the Karnataka government's celebration of Ram temple consecration with RSS-ish arguments.'

Jacqueline Fernandez to face charges in Rs 200cr money laundering case

Jacqueline Fernandez to face charges in Rs 200cr money laundering case

Rediff.com30 May 2026

A Delhi court has ordered the framing of charges against actress Jacqueline Fernandez, Sukesh Chandrashekhar, and others in connection with a Rs 200-crore money laundering case. The court also ordered charges against Chandrashekhar and others for offences including those under MCOCA in a separate case.

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Rediff.com28 May 2026

A report indicates that mid-tier banking, financial services, and insurance (BFSI) entities in India are highly exposed to cyberattacks due to aggressive digitisation coupled with insufficient cybersecurity investments.

Meet The New CBSE Chief

Meet The New CBSE Chief

Rediff.com3 Jun 2026

Sarthak Sidhant, a 17-year-old student from Jharkhand affected by CBSE's online marking system, made a presentation before the Parliamentary Standing Committee on Tuesday on alleged irregularities in the tendering process for the selection of vendors for online marking of Class 12 answer scripts.

The Bihar I Have Begun To Believe In

The Bihar I Have Begun To Believe In

Rediff.com3 Jun 2026

Bihar's greatest resource is not beneath its soil but above it -- its people. With a population approaching 140 million and one of India's youngest demographic profiles, Bihar possesses an asset many societies would envy, explains Bihar Governor Lieutenant General Syed Ata Hasnain (retd).

Vijay concludes maiden Delhi visit, skips meeting Gandhis

Vijay concludes maiden Delhi visit, skips meeting Gandhis

Rediff.com28 May 2026

Tamil Nadu Chief Minister C Joseph Vijay concluded his first official visit to Delhi, meeting with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to discuss key state issues.

Indian Techies Face Green Card Uncertainty

Indian Techies Face Green Card Uncertainty

Rediff.com25 May 2026

This could come as a setback to thousands of Indian engineers who have waited for years for their work visas to pave the way for the coveted Green Card.

Court Orders Charges Against Sukesh Chandrashekar, Others Under MCOCA

Court Orders Charges Against Sukesh Chandrashekar, Others Under MCOCA

Rediff.com30 May 2026

A Delhi court has ordered the framing of charges against Sukesh Chandrashekar and 20 others under MCOCA and other offences related to extortion and organised crime.

AIFF To Amend Constitution, Discuss ISL Partner At SGM

AIFF To Amend Constitution, Discuss ISL Partner At SGM

Rediff.com22 May 2026

The All India Football Federation (AIFF) will hold a Special General Body Meeting to amend its constitution in line with the National Sports Governance Act and discuss the new commercial partner for the Indian Super League.

How Uttar Pradesh's Crime Policy Achieved 93% Conviction Rate

How Uttar Pradesh's Crime Policy Achieved 93% Conviction Rate

Rediff.com1 Jun 2026

Uttar Pradesh DGP Rajeev Krishna announced a conviction rate of over 93 per cent due to the state's 'zero tolerance' policy against crime. Authorities seized properties worth nearly Rs 788.38 crore linked to criminal activities.

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Rediff.com12 May 2026

Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.

The complete Indian investor's guide to every asset class worth knowing in 2026!

The complete Indian investor's guide to every asset class worth knowing in 2026!

Rediff.com31 May 2026

Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.

India's Biggest Petrol Price Hikes Over The Last 20 Years

India's Biggest Petrol Price Hikes Over The Last 20 Years

Rediff.com15 May 2026

Over the past two decades, India has witnessed several major petrol price hikes, driven by global crude oil fluctuations, economic crises, currency depreciation and geopolitical conflicts. How did we get from Rs 34 to over Rs 100 today

'Mamata Banerjee's Comeback Is Impossible'

'Mamata Banerjee's Comeback Is Impossible'

Rediff.com5 Jun 2026

'Mamata was more feared than loved, and in politics when people start fearing you then they start hating you.' 'So Mamata's comeback now is impossible.'

US-Iran draft deal proposes immediate ceasefire, sanctions relief

US-Iran draft deal proposes immediate ceasefire, sanctions relief

Rediff.com22 May 2026

A potential agreement between the United States and Iran, including a comprehensive ceasefire and gradual lifting of US sanctions, may be announced soon, according to reports. The agreement aims to de-escalate tensions and establish a framework for resolving disputes.

India trashes claim of declining minority rights, media freedom

India trashes claim of declining minority rights, media freedom

Rediff.com17 May 2026

India has rejected allegations of declining media freedom and erosion of religious and minority rights, asserting that the country is a vibrant democracy that guarantees free speech to all.

How Fuel Price Hikes Are Impacting Kerala's Economy

How Fuel Price Hikes Are Impacting Kerala's Economy

Rediff.com27 May 2026

Kerala is facing increased inflationary pressure due to recent hikes in petrol and diesel prices, according to Chief Minister V D Satheesan. The state's economy is also impacted by the decline in remittances from the Gulf and higher oil prices.

AIFF Approves Governance Act, Postpones ISL Commercial Partner Decision

AIFF Approves Governance Act, Postpones ISL Commercial Partner Decision

Rediff.com23 May 2026

The All India Football Federation (AIFF) has approved the adoption of the National Sports Governance Act but deferred a decision on picking a new commercial partner for the Indian Super League (ISL) during its Special General Body Meeting.

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Rediff.com23 May 2026

Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

Iran's nuclear dust can be turned over to US or destroyed: Trump

Iran's nuclear dust can be turned over to US or destroyed: Trump

Rediff.com26 May 2026

Trump's comment marks a shift in his repeated statements that Iran hand over its enriched uranium to the US as a sticking point of any potential deal.

India to run 35 hydrogen-powered trains in first phase

India to run 35 hydrogen-powered trains in first phase

Rediff.com29 May 2026

Hydrogen fuel cell technology generates electricity through a chemical reaction using hydrogen, with water vapour as the only emission, making it a cleaner alternative to conventional fossil fuel-based traction systems.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.

RBI to pay record dividend of Rs 2.87 lakh crore to govt for FY26

RBI to pay record dividend of Rs 2.87 lakh crore to govt for FY26

Rediff.com22 May 2026

The Reserve Bank of India (RBI) has declared a record Rs 2.87 lakh crore dividend to the government for the 2025-26 financial year, offering significant financial flexibility amidst global economic uncertainties.

Red alert issued as UP under severe heatwave; Banda boils at 47.6 degrees C

Red alert issued as UP under severe heatwave; Banda boils at 47.6 degrees C

Rediff.com22 May 2026

Uttar Pradesh is experiencing an intense heatwave, with Banda recording the highest temperature at 47.6 degrees Celsius. The IMD has issued a 'Red Colour Warning' for severe heatwave conditions. The extreme heat is disrupting daily life and economic activity, prompting government action to prevent heat-related illnesses.

US, Iran reach tentative 60-day deal to ease tensions; awaiting Trump's nod

US, Iran reach tentative 60-day deal to ease tensions; awaiting Trump's nod

Rediff.com29 May 2026

In a significant diplomatic development, US and Iranian negotiators have reportedly reached a tentative 60-day memorandum of understanding (MoU) aimed at extending a fragile ceasefire and paving the way for formal talks regarding Iran's nuclear programme.

Why ISL Clubs Are Reviewing Their Commitment

Why ISL Clubs Are Reviewing Their Commitment

Rediff.com23 May 2026

Several Indian Super League (ISL) clubs have hinted at uncertainty regarding their participation in the 2026-27 season due to ongoing issues surrounding the domestic top-tier competition. The clubs are reviewing their commitment beyond the current season amid disagreements with the AIFF over commercial partnerships and league structure.

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Rediff.com14 May 2026

Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.

Property Of Drug Peddler Attached In J&K's Doda

Property Of Drug Peddler Attached In J&K's Doda

Rediff.com23 May 2026

Police in Jammu and Kashmir's Doda district attached a property allegedly acquired through narcotics trafficking as part of the 'Nasha Mukt Jammu Kashmir Abhiyaan'. The property belonged to drug peddler Yasir Ahmed Shah and the action aims to dismantle financial networks linked to narco-trafficking.

'We Need Petrol More Than Gold Right Now'

'We Need Petrol More Than Gold Right Now'

Rediff.com11 May 2026

'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'

'Don't Know Whether Vijay Understands...'

'Don't Know Whether Vijay Understands...'

Rediff.com16 May 2026

'...the enormous responsibility and faith the youth has put on his shoulders, that he is going to solve their problems.'

'INDIA Alliance Is Dead'

'INDIA Alliance Is Dead'

Rediff.com28 May 2026

'Congress needs a positive agenda rather than primarily picking up on two business houses.'

India's Economic Outlook: S&P ups India's FY27 growth forecast to 7.1%

India's Economic Outlook: S&P ups India's FY27 growth forecast to 7.1%

Rediff.com25 Mar 2026

S&P Global Ratings has increased India's GDP growth forecast for the next fiscal year to 7.1 per cent, citing private consumption, investment, and exports as key drivers. However, the agency also cautioned that the conflict in the Middle East could strain India's fiscal position due to higher energy prices.