Search results for ' Economic'

Our endeavour is to bring inflation in line with target over the medium term

"Our endeavour is to bring inflation in line with target over the medium term"

Rediff.com1 days ago

"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.

25 US states move court against Trump's forced-labour tariffs

25 US states move court against Trump's forced-labour tariffs

Rediff.com3 days ago

A coalition of 25 Democratic-ruled US states has filed a lawsuit against the Trump administration's decision to impose new tariffs on 60 economies, including India. The states contend that these tariffs, ostensibly aimed at combating forced labour, are illegal taxes that will raise costs for consumers and businesses, and were implemented without proper legal justification.

FIFA vs UEFA: Unpacking the Power Struggle in Global Football

FIFA vs UEFA: Unpacking the Power Struggle in Global Football

Rediff.com30 Jul 2026

FIFA's proposal to create a $20 billion subsidiary for the World Cup highlights the intricate balance of power in global football, where the governing body's authority is often challenged by the significant commercial strength of UEFA, particularly in Europe.

Before Buying A Gadget On EMI, Read This

Before Buying A Gadget On EMI, Read This

Rediff.com2 days ago

Don't judge an expensive gadget only by its EMI cost; also consider how many years it will remain useful after you've finished paying for it.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com5 days ago

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

Should polygamy be declared unconstitutional?: SC asks govt

Should polygamy be declared unconstitutional?: SC asks govt

Rediff.com7 days ago

The Supreme Court has sought the Centre's response on a petition challenging the constitutional validity of polygamy among Muslims, arguing it violates fundamental rights and creates legal asymmetry by exempting Muslim men from bigamy laws applicable to other citizens.

Why Start-up Employees May Retire Poor

Why Start-up Employees May Retire Poor

Rediff.com3 days ago

An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.

Kotak Kanya Scholarship 2026: Girls Can Get Up to Rs 1.5 Lakh

Kotak Kanya Scholarship 2026: Girls Can Get Up to Rs 1.5 Lakh

Rediff.com29 Jul 2026

Selected students will receive Rs 1.5 lakh per year to cover academic expenses such as tuition fees, hostel charges, books, stationery, laptops, internet and transportation.

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com11 hours ago

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

Rediff.com6 days ago

India's foreign exchange reserves increased by USD 6.118 billion, reaching USD 682.354 billion for the week ending July 24, according to the Reserve Bank of India.

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Rediff.com5 days ago

Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.

Rupee Fall Exposes India's Economic Weakness

Rupee Fall Exposes India's Economic Weakness

Rediff.com27 May 2026

We who were dreaming of being the third largest economy in dollar terms, have slid back to sixth, thanks to the falling rupee. We are moving about with begging bowls for investments and trade opportunities, which will be a while in materialising, if ever, notes Shreekant Sambrani.

West Asia Crisis Impact: FM Warns of Higher Fuel Costs, Economic Challenges

West Asia Crisis Impact: FM Warns of Higher Fuel Costs, Economic Challenges

Rediff.com25 May 2026

Union Finance Minister Nirmala Sitharaman has warned that the ongoing West Asia crisis is not merely a geopolitical issue but will directly lead to higher fuel costs for common people and businesses, impacting shipping, input availability, and export orders.

Parliamentary panel recommends sending envoys to North, South Poles

Parliamentary panel recommends sending envoys to North, South Poles

Rediff.com7 days ago

A parliamentary panel has strongly recommended that the Indian government appoint a dedicated 'polar ambassador' to enhance its strategic engagement and diplomatic influence in the critical Arctic and Antarctic regions, aligning with global trends and India's growing focus on polar affairs.

Kejriwal to march to PM's residence on Aug 4 over E20 issue

Kejriwal to march to PM's residence on Aug 4 over E20 issue

Rediff.com6 days ago

AAP chief Arvind Kejriwal is leading a march to the Prime Minister's residence to submit a petition with two lakh signatures against E20 petrol. He is demanding consumer choice, lower E20 prices, and transparency regarding studies supporting the fuel. The government defends the E20 programme, citing energy security and no evidence of vehicle harm.

Digital Marketplace To Empower Jharkhand's Rural Women

Digital Marketplace To Empower Jharkhand's Rural Women

Rediff.com7 days ago

Jharkhand has partnered with CSC eStore to create a digital marketplace for products made by women's self-help groups (SHGs). This initiative aims to expand market access, boost income for rural women, and strengthen the rural economy through e-commerce and digital governance. The state also plans to extend Aadhaar services to all panchayats by November 15.

'Young People Feel Uncertainty Because Of The Huge Disruption In The Job Market'

'Young People Feel Uncertainty Because Of The Huge Disruption In The Job Market'

Rediff.com1 days ago

'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'

Playing The Victim Card Won't Work On Gen Z

Playing The Victim Card Won't Work On Gen Z

Rediff.com4 days ago

Every day, the older men running our politics keep pushing Gen Z voters further away, observes Binu Alex.

19 ministers join Shivakumar cabinet, MLA quits over exclusion

19 ministers join Shivakumar cabinet, MLA quits over exclusion

Rediff.com3 days ago

Karnataka's two-month-old government saw its first cabinet expansion with 19 MLAs sworn in as ministers, leading to immediate discontent and the resignation of one Congress legislator over his exclusion.

Maruti, VinFast, Tesla Drive Expansion in India's EV Market

Maruti, VinFast, Tesla Drive Expansion in India's EV Market

Rediff.com4 days ago

New players like Maruti Suzuki, VinFast, and Tesla are significantly expanding India's electric passenger vehicle (e-PV) market, capturing an 8.1 per cent share and contributing 18 per cent of incremental registrations in the first half of 2026, according to Fada Research data.

Tech delayed is tech denied: IAF chief bats for more Aatmanirbharta in defence

Tech delayed is tech denied: IAF chief bats for more Aatmanirbharta in defence

Rediff.com30 Jul 2026

Air Chief Marshal A P Singh, the IAF chief, has strongly advocated for India to achieve greater self-reliance in unmanned aerial systems and other critical defence technologies, stating, "Technology delayed is technology denied." He stressed the importance of indigenous development to avoid dependency on other countries for components.

IDBI employees' forum opposes stake sale to Fairfax, seeks review

IDBI employees' forum opposes stake sale to Fairfax, seeks review

Rediff.com20 Jul 2026

The United Forum of IDBI Officers & Employees has voiced "profound concern" over the Centre's reported decision to proceed with the strategic disinvestment of its controlling stake in IDBI Bank to Fairfax Financial Holdings, urging a parliamentary review of the proposed sale.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com4 days ago

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

Mahindra & Mahindra's Q1 Profit Jumps 34% to Rs 5,455 Crore

Mahindra & Mahindra's Q1 Profit Jumps 34% to Rs 5,455 Crore

Rediff.com30 Jul 2026

Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.

Why Invasive Species Threaten Global South Biodiversity Most

Why Invasive Species Threaten Global South Biodiversity Most

Rediff.com24 Jul 2026

A new study reveals that the impacts of invasive species on biodiversity are most severe in the Global South, challenging previous assumptions. Factors like rapidly developing economies, weak governance, and limited management capacity make these regions particularly vulnerable, leading to higher ecological and economic damages.

Fitch projects 9% revenue growth for Indian corporates in FY27, maintaining stable credit metrics

Fitch projects 9% revenue growth for Indian corporates in FY27, maintaining stable credit metrics

Rediff.com29 Jul 2026

Fitch Ratings forecasts a 9 per cent aggregate revenue increase for rated Indian corporates in the current fiscal year (FY27), a stronger outlook compared to the 5 per cent estimated for FY26, which is expected to keep credit metrics stable despite potential global and domestic challenges.

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Rediff.com21 Jul 2026

A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.

Modi reviews global conflict impact on India's energy, supply chains

Modi reviews global conflict impact on India's energy, supply chains

Rediff.com30 Jul 2026

Prime Minister Narendra Modi on Thursday discussed with a group of senior ministers the prevailing global security situation and how to maintain supply chain uninterrupted despite conflicts in different zones, including the Strait of Hormuz, the Black Sea, the Red Sea, and the Gulf of Aden.

'We Need To Stop Coaching Classes'

'We Need To Stop Coaching Classes'

Rediff.com27 Jul 2026

'We can integrate AI and tech into education, but that is just a means and not an end.' 'Ultimately, we need to control what happens in a classroom and we need to let teachers innovate their teaching style to suit the needs of Gen Z and beyond.'

Realme C100x Brings 45W Fast Charging, 50MP AI Camera...

Realme C100x Brings 45W Fast Charging, 50MP AI Camera...

Rediff.com26 Jul 2026

The Realme C100x has arrived in India as a budget-friendly smartphone packed with practical features. It combines a 120 Hz display, an AI-powered 50 MP camera, and a massive 8,000 mAh battery with 45 W fast charging, while offering MIL-STD-810H durability and IP64-rated protection.

PoK elections turn deadly, JAAC alleges 14 activists killed

PoK elections turn deadly, JAAC alleges 14 activists killed

Rediff.com28 Jul 2026

Clashes erupted during the first phase of legislative assembly elections in Pakistan-occupied Kashmir (PoK), with the banned Joint Awami Action Committee (JAAC) claiming 14 deaths, a figure disputed by law enforcement. India condemned the elections as an attempt by Pakistan to legitimise its illegal occupation and human rights abuses in the region, while ongoing JAAC protests highlight deep-seated grievances.

Andy Burnham takes charge as UK PM, promises 'circuit breaker' for Britain

Andy Burnham takes charge as UK PM, promises 'circuit breaker' for Britain

Rediff.com20 Jul 2026

Andy Burnham has officially taken office as the new UK Prime Minister, pledging to make politics more about problem-solving and usher in a 'circuit breaker' moment for the country with significant political and economic changes.

Sports Ministry Provisionally Recognises FMSCI To Boost Motorsport In India

Sports Ministry Provisionally Recognises FMSCI To Boost Motorsport In India

Rediff.com24 Jul 2026

The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF), a move aimed at promoting motorsport and facilitating Formula 1's return to India. This recognition requires FMSCI to amend its constitution to comply with governance acts, and a Task Force is being established to assess the benefits and challenges of hosting major motorsport events.

India-China border trade via Lipulekh to start from Aug 1

India-China border trade via Lipulekh to start from Aug 1

Rediff.com29 Jul 2026

India-China border trade via Uttarakhand's Lipulekh Pass is set to resume on August 1 after a gap of more than six years, with the neighbouring country granting permission to 20 Indian traders to visit Purang (Taklakot), according to officials.

India's Growth Pace May Dip as Global Economy Slows, Warns Moody's Analytics

India's Growth Pace May Dip as Global Economy Slows, Warns Moody's Analytics

Rediff.com17 Jul 2026

Moody's Analytics predicts India will remain the fastest-growing major economy in 2026 and 2027, but its pace will moderate due to a global slowdown, geopolitical risks, and financial market volatility, despite the boost from AI demand.

India's gold demand falls 6% in Q2 on weak seasonal sales

India's gold demand falls 6% in Q2 on weak seasonal sales

Rediff.com7 days ago

India's gold demand saw a 6 per cent year-on-year decline in the April-June quarter of 2026, reaching 131.4 tonnes, primarily due to subdued seasonal sales, increased Customs duty, and Prime Minister Narendra Modi's call to reduce gold purchases, according to a World Gold Council report.

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

Infantino's FIFA future in jeopardy after World Cup stake sale gamble backfires

Infantino's FIFA future in jeopardy after World Cup stake sale gamble backfires

Rediff.com6 days ago

FIFA President Gianni Infantino's ambitious plan to sell a 20% stake in a commercial entity managing the World Cup and other tournaments to private investors has been abandoned following widespread opposition, including a boycott threat from UEFA.

'We Are Seeing A Lot More Male Fertility Cases'

'We Are Seeing A Lot More Male Fertility Cases'

Rediff.com6 days ago

Doctors attribute the rise in male infertility to obesity, diabetes, smoking, chronic stress, inadequate sleep and sedentary lifestyles.

India's youngest municipal chairperson ousted in trust vote

India's youngest municipal chairperson ousted in trust vote

Rediff.com22 Jul 2026

India's youngest municipal chairperson, Diya Binu, on Tuesday lost office after a no-confidence motion moved by the Left Democratic Front was passed in Kerala's Pala Municipality with the support of rebel Congress councillors, ending the United Democratic Front's rule in the civic body.