Search results for ' Economic'

INDIA rally: Confluence of concerns beyond 'vote chori'

INDIA rally: Confluence of concerns beyond 'vote chori'

Rediff.com3 days ago

Thousands gathered at Ramlila Maidan for the INDIA bloc's rally, protesting alleged electoral irregularities. The demonstration also served as a platform for diverse concerns including unemployment, inflation, women's safety, the Manipur crisis, and rights of marginalised communities, drawing participants from across India.

BLM Credit Society Chairman R Premkumar Booked In Fresh Rs 1.6 Crore Cheating Case

BLM Credit Society Chairman R Premkumar Booked In Fresh Rs 1.6 Crore Cheating Case

Rediff.com5 days ago

R Premkumar, chairman of BLM credit society, faces a new cheating case of Rs 1.6 crore in Kothamangalam, even as he secured bail in a separate fund diversion case in Kozhikode. The new FIR alleges he induced a woman to invest with promises of high commission. Premkumar claims all cases are false, while BLM representatives deny allegations and assert the society's financial stability.

Glenn Maxwell: The Big Show Never Ends

Glenn Maxwell: The Big Show Never Ends

Rediff.com10 hours ago

Bravery, mastery and timing were among his greatest qualities. We have seen batters hit plenty of sixes, but Glenn Maxwell would leave spectators wondering where he would dispatch the next delivery, notes K R Nayar.

Harmer makes history in South Africa's stunning win against Australia

Harmer makes history in South Africa's stunning win against Australia

Rediff.com4 days ago

Spinner Simon Harmer made history by becoming only the second South African spinner and the first since the team's re-admission to take a ten-wicket haul on home soil, securing a 2-1 series win over Australia in Cape Town.

Sitharaman hits back at Rahul Gandhi for 'politicising' Tata Group dispute

Sitharaman hits back at Rahul Gandhi for 'politicising' Tata Group dispute

Rediff.com7 days ago

Finance Minister Nirmala Sitharaman has criticised Congress leader Rahul Gandhi for alleging the 'criminal destruction' of the Tata Group, urging him to refrain from 'politicising' commercial and legal matters and accusing him of trying to incite business leaders.

IDBI Bank's Sale Is A Turning Point For Indian Banking

IDBI Bank's Sale Is A Turning Point For Indian Banking

Rediff.com6 hours ago

Banks in a growing economy need patient, long-term foreign capital with good governance to meet credit demand. The direction is right, points out Tamal Bandyopadhyay.

Maharashtra Credit Society Directors Face Cheating Charges

Maharashtra Credit Society Directors Face Cheating Charges

Rediff.com4 days ago

Six individuals, including three directors of Hingoli Urban Nidhi Ltd, have been booked for allegedly defrauding 61 depositors of Rs 1.69 crore. The credit society promised attractive returns and insurance cover but failed to repay investments made between May 2020 and March 2024, eventually shutting down its office. The Economic Offences Wing is investigating the case.

'Reservation Must Be Decided Purely On Economic Grounds'

'Reservation Must Be Decided Purely On Economic Grounds'

Rediff.com31 Aug 2026

'The day we start making rules purely along caste lines, we only divide society further. That's the conversation the government needs to have, and soon.'

How Cloud And AI Can Propel India's Economic Growth

How Cloud And AI Can Propel India's Economic Growth

Rediff.com7 Sep 2026

Arundhati Bhattacharyya, Salesforce President and CEO for South Asia, highlighted how cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in the technology revolution. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs by addressing unmet business demands and could significantly boost India's GDP, with NITI Aayog estimating a USD 500-600 billion addition by 2035. She urged Indian businesses to transform using technology, focus on data, redesign work, and invest in skills, stressing that AI is not just for large corporations.

Govt seals Rs 53,866 crore deal for 8 advanced warships

Govt seals Rs 53,866 crore deal for 8 advanced warships

Rediff.com2 days ago

India's Defence Ministry has sealed contracts worth Rs 53,866 crore with Garden Reach Shipbuilders and Engineers Ltd (GRSE) and Goa Shipyard Limited (GSL) for eight next-generation warships for the Indian Navy. These indigenously designed corvettes will bolster India's combat prowess in the Indian Ocean and support the 'Make-in-India' initiative, creating significant employment opportunities.

Reliance-led rally, falling crude oil prices drive Sensex up 1,233 points

Reliance-led rally, falling crude oil prices drive Sensex up 1,233 points

Rediff.com3 days ago

Indian benchmark indices, Sensex and Nifty, closed significantly higher, with the Sensex rallying 1,233 points and the Nifty climbing to 23,440.80. This surge was primarily fuelled by a sharp increase in Reliance Industries' share price following strong quarterly earnings and a notable decline in crude oil prices.

India-US ties can shape 21st century, says Rubio

India-US ties can shape 21st century, says Rubio

Rediff.com20 Oct 2026

US Secretary of State Marco Rubio has characterised the strategic alignment between India and the United States as "extraordinary", emphasising that both nations have an opportunity to shape the course of the 21st century through partnership.

Khamenei warns midterm result won't change Iran's stand against US

Khamenei warns midterm result won't change Iran's stand against US

Rediff.com17 hours ago

Iranian supreme leader Ayatollah Mojtaba Hosseini Khamenei has declared that the results of the US midterm elections and shifts between American political parties will not alter Iran's defensive strategy or soften Washington's long-standing hostility toward the Iranian nation.

Bangladesh Opposition warns against Indian corridor, seeks fair Ganges deal

Bangladesh Opposition warns against Indian corridor, seeks fair Ganges deal

Rediff.com5 days ago

A Bangladesh opposition leader, Nahid Islam of the National Citizen Party (NCP), has issued warnings against facilitating an Indian transit corridor through Bangladesh and called for a fair renewal of the Ganges water-sharing treaty, which expires in December. His remarks were made at a rally in Dhaka, where he also criticised the current government. The allegations about the corridor follow Prime Minister Tarique Rahman's recent visit to Japan, which focused on economic cooperation and regional connectivity, though Bangladesh officials deny discussing third-country issues. India has also expressed interest in strengthening regional linkages with Japan involving its northeastern states.

Mercedes-Benz CEO sees India as future export hub, eyes EV sales surge

Mercedes-Benz CEO sees India as future export hub, eyes EV sales surge

Rediff.com6 hours ago

Mercedes-Benz CEO Ola Kllenius believes India is poised to become a significant manufacturing and export hub for the luxury carmaker, citing the country's growing market, supplier ecosystem, and engineering capabilities. The company also anticipates electric vehicles (EVs) will constitute a substantial 20% of its India sales by 2027.

Tough road ahead for Trump as voters abandon Reps

Tough road ahead for Trump as voters abandon Reps

Rediff.com1 days ago

Democrats are projected to gain control of the US House of Representatives, marking a significant political shift. This comes as voters express discontent over economic anxiety, the Iran war, and tariffs, leading to a rebuke of the Republican party. The shift will empower Democrats to scrutinize the Trump administration and block Republican legislative efforts, with Representative Hakeem Jeffries potentially becoming the first African American Speaker.

'End Iran war, review Israel aid': Vance charts own course after midterm rout

'End Iran war, review Israel aid': Vance charts own course after midterm rout

Rediff.com10 hours ago

Following significant midterm election losses, US Vice President J D Vance is reportedly forming a new political alliance targeting disaffected Trump supporters for the 2028 presidential election, while President Donald Trump is considering whether to retain Pete Hegseth as Secretary of War amid scrutiny over the Iran conflict.

Rahul accuses BJP of forcibly shutting Connaught Place shops

Rahul accuses BJP of forcibly shutting Connaught Place shops

Rediff.com4 days ago

Congress leader Rahul Gandhi alleged on Sunday that the BJP had forcibly shut shops in Connaught Place, causing losses to traders. He stated that the INDIA bloc had encouraged rally attendees to shop locally, but the BJP's actions prevented this. Gandhi had previously urged supporters to shop for Diwali, countering BJP's "rumours" about the rally affecting businesses. The INDIA bloc's mega rally at Ramlila Maidan on Sunday aims to protest alleged electoral irregularities.

How UP Police Busted International Job Fraud Racket, Rescued 453 Nepalese

How UP Police Busted International Job Fraud Racket, Rescued 453 Nepalese

Rediff.com4 days ago

Uttar Pradesh Police successfully rescued 453 Nepalese citizens from an international fraud syndicate operating in Kushinagar. The syndicate lured victims with false promises of jobs, higher education, and lucrative earnings. Ten members of the gang were arrested, and the Nepalese Embassy in New Delhi expressed its appreciation for the UP Police's swift action.

Along with protest do little...: Rahul's appeal to rally goers

Along with protest do little...: Rahul's appeal to rally goers

Rediff.com4 days ago

Congress leader Rahul Gandhi encouraged attendees of the INDIA bloc's rally in Delhi to shop locally for Diwali, countering BJP's "rumours" about business disruption. The rally, scheduled for Sunday at Ramlila Maidan, aims to protest alleged electoral irregularities and demand the Chief Election Commissioner's resignation, drawing support from various groups across the country.

India vs NZ 3rd T20I: Can Bhuvneshwar Bounce Back After Poor Start?

India vs NZ 3rd T20I: Can Bhuvneshwar Bounce Back After Poor Start?

Rediff.com27 Oct 2026

Veteran pacer Bhuvneshwar Kumar's return to the Indian T20I squad has been challenging, with expensive spells in the first two matches against New Zealand putting his place in the playing XI under scrutiny amidst strong competition from other fast bowlers.

Industrial Growth Moderates to 6.7% in September Amid Mining Contraction, Manufacturing Sluggishness

Industrial Growth Moderates to 6.7% in September Amid Mining Contraction, Manufacturing Sluggishness

Rediff.com7 days ago

India's industrial production growth decelerated to 6.7 per cent in September, down from 7.8 per cent in August, primarily due to a contraction in mining activity and a slowdown in manufacturing, according to government data. Experts attribute the moderation to a high-base effect, anticipation of festive sales, and concerns over rising inflation.

Indian sailor killed in attack on vessel off Oman coast

Indian sailor killed in attack on vessel off Oman coast

Rediff.com2 days ago

An Indian sailor was killed in an attack on a commercial vessel near Limah, Oman, last evening, prompting India to strongly condemn the strike and call for immediate de-escalation of tensions in West Asia. This incident brings the total number of Indian nationals killed in the region's conflict since February to 23, including 15 seafarers. India is pushing for a diplomatic solution to restore peace and stability.

Jihadist groups call for suicide attacks amid widespread protests in Europe: Report

Jihadist groups call for suicide attacks amid widespread protests in Europe: Report

Rediff.com24 Oct 2026

European security agencies are on high alert following jihadist calls for suicide bombings and vehicle attacks against police and demonstrators during widespread economic protests across Europe. Messages linked to the Islamic State urged extremists to exploit crowded demonstrations in countries like France, Spain, Portugal, and Italy. India has also issued advisories for its nationals in affected European nations, urging vigilance.

ISRO to expand space operations with four launch pads by 2029

ISRO to expand space operations with four launch pads by 2029

Rediff.com25 Oct 2026

ISRO Chairman V Narayanan announced India's plan to significantly expand its space operations with four functional launch pads by 2029, including a new SSLV complex at Kulasekarapattinam. He stressed the importance of private sector partnerships to meet global demand and foster economic growth. Narayanan also detailed upcoming Gaganyaan uncrewed tests within the next two months and revealed plans for a collaborative Chandrayaan-5 lunar mission with Japan.

3rd Test: Harmer, Rabada set up South Africa's crushing series win over Australia

3rd Test: Harmer, Rabada set up South Africa's crushing series win over Australia

Rediff.com4 days ago

South Africa spinner Simon Harmer took a career-best 6-16 and Kagiso Rabada became the fastest by balls bowled to reach 350 test wickets as the hosts thumped Australia by 176 runs to clinch their three-test series 2-1 at Newlands on Saturday.

Skill, Corporate Affairs Ministries Among Top Underspenders in H1 FY27

Skill, Corporate Affairs Ministries Among Top Underspenders in H1 FY27

Rediff.com2 days ago

The Ministries of Skill Development & Entrepreneurship and Corporate Affairs spent only 8 per cent of their FY27 Budget Estimates in the first half of the financial year, making them among the top underspenders, according to data from the Controller General of Accounts.

Cancer Drug Price Cuts May Bypass PAP Patients

Cancer Drug Price Cuts May Bypass PAP Patients

Rediff.com2 days ago

PAPs can reduce expenditure by 30 to 60 per cent for some expensive immunotherapies and targeted therapies.

Mahadev App Scam: CBI Secures Eight-Day Custody Of Saurabh Chandrakar

Mahadev App Scam: CBI Secures Eight-Day Custody Of Saurabh Chandrakar

Rediff.com1 days ago

Saurabh Chandrakar, alleged kingpin of the Rs 6,000-crore Mahadev online betting app scam, has been granted to CBI custody for eight days by a special court in Raipur. Chandrakar was recently extradited from Oman and brought to Raipur. His defence lawyer raised objections regarding extradition laws, stating he was extradited for an ED case, not a CBI case. The CBI alleges the Mahadev app was a large illegal betting syndicate operating from outside India, routing proceeds via hawala and paying protection money. The case involves high-ranking politicians and bureaucrats, with former CM Bhupesh Baghel also named in an EOW FIR.

Health Employee Charged For Using Forged Class 10 Certificate

Health Employee Charged For Using Forged Class 10 Certificate

Rediff.com24 Oct 2026

The Economic Offences Wing (EOW) of Crime Branch Jammu has filed a chargesheet against a health department employee, Sohan Lal Singh, for allegedly securing a government job as a dental assistant nearly two decades ago using a forged Class 10 certificate. The investigation revealed discrepancies in his educational records and date of birth, with evidence suggesting his deceased father procured the fraudulent documents.

'Americans said no to war': Iran reacts to US midterms

'Americans said no to war': Iran reacts to US midterms

Rediff.com1 days ago

Iranian Parliament Speaker Mohammad Bagher Ghalibaf has interpreted the US midterm election results as a clear rejection of conflict by the American public, stating, "Americans said NO TO WAR, and we endorse this message." This comes as Democrats are poised to take control of the US Congress, securing the Senate and gaining seats in the House of Representatives.

Gadkari's plan: Using silt from rivers to build Bihar's highways

Gadkari's plan: Using silt from rivers to build Bihar's highways

Rediff.com2 days ago

Union Minister Nitin Gadkari announced that the National Highways Authority of India (NHAI) will utilise sand and silt excavated from Bihar's rivers and water bodies for building the state's national highway network. This initiative, formalised through an MoU between NHAI and the Bihar government, aims to address annual flood losses, improve water flow, reduce construction costs, and conserve agricultural land by repurposing silt as a primary construction material.

France braces for more protests, clampdown intensifies

France braces for more protests, clampdown intensifies

Rediff.com21 Oct 2026

France is preparing for fresh demonstrations on October 24 with a "massive" police deployment and extended curfews, following days of violent unrest. The protests, initially sparked by school conditions, have broadened into a nationwide campaign against rising living costs and declining public services, leading to over 2,500 arrests and significant damage.

TN police detain economist over fake Instagram post targeting TVK MLA

TN police detain economist over fake Instagram post targeting TVK MLA

Rediff.com7 days ago

Tamil Nadu police detained Assistant Professor A Kalaiyarasan for an alleged abusive Instagram comment targeting TVK MLA J Kamatchi. He was later released after police confirmed his photo was used for a fake account. The incident drew strong criticism from DMK president M K Stalin, who termed it "peak of fascism" and demanded an apology, while Kalaiyarasan detailed his "harassment and humiliation".

Shriram Finance targets Rs 20,000 crore gold loan portfolio, significant EV financing expansion

Shriram Finance targets Rs 20,000 crore gold loan portfolio, significant EV financing expansion

Rediff.com26 Oct 2026

Shriram Finance, a leading Indian NBFC, is aggressively expanding its gold loan and electric vehicle (EV) financing segments, targeting a Rs 20,000 crore gold loan portfolio within two years and expecting significant growth in EV disbursements.

Will US midterm rout force Trump to rethink his policies?

Will US midterm rout force Trump to rethink his policies?

Rediff.com21 hours ago

The US midterm elections saw the Democratic Party gain control of Congress and key gubernatorial posts, leading international affairs experts to view the outcome as a referendum on President Donald Trump's policies. Analysts suggest the results signal a desire for change in his behaviour and could prompt a more pragmatic approach in his remaining term, with potential implications for global politics and India-US relations.

OPD Insurance: What Buyers Must Check

OPD Insurance: What Buyers Must Check

Rediff.com3 days ago

Buyers need to assess whether an OPD policy offers them enough usable benefits to justify the additional premium.

Historic first! Pope Leo XIV votes in US midterms

Historic first! Pope Leo XIV votes in US midterms

Rediff.com5 days ago

Pope Leo XIV has made history by becoming the first pontiff to vote in a United States election, submitting a mail-in ballot for the upcoming midterm elections. The Vatican confirmed his participation, citing his long-standing belief in civic duty and democratic processes, having voted in previous elections as a US citizen and during his residence in Peru. The US midterm elections, scheduled for Tuesday, November 3, 2026, will determine control of Congress and have significant implications for the current administration.

How India Can Counter Trump's Tariff Threat

How India Can Counter Trump's Tariff Threat

Rediff.com16 Oct 2026

Navigating this geopolitical minefield requires a cold-blooded blend of immediate tactical pleading, structural domestic diversification, and aggressive collective resistance, suggests Ambassador Rajasekhar.

Shuchita Patel is fighting polls in former KKK territory

Shuchita Patel is fighting polls in former KKK territory

Rediff.com3 days ago

Shuchita Patel, an Indian-American Democrat, is making a historic bid for Forsyth County Commissioner in Georgia, a region with a dark racial past. Running against a 16-year unopposed incumbent, Patel aims to bring change and stand up to what she calls a "bully" opponent, driven by a desire to create a better community for future generations amidst a deeply divided American political landscape.