Search results for ' Economic'

ED complaint against Gandhis 'impermissible in law': Court

ED complaint against Gandhis 'impermissible in law': Court

Rediff.com16 Dec 2025

A Delhi court has declined to take cognisance of the Enforcement Directorate's (ED) complaint against Congress leaders Sonia Gandhi, Rahul Gandhi, and others in the National Herald case, citing the absence of a First Information Report (FIR).

India on track to surpass $4 trn GDP in FY26: CEA

India on track to surpass $4 trn GDP in FY26: CEA

Rediff.com26 Nov 2025

India is on track to exceed the $4 trillion milestone in 2025-26 (FY26), surpassing the $3.9 trillion gross domestic product (GDP) mark recorded at the end of March 2025, Chief Economic Adviser (CEA) V Anantha Nageswaran said on Tuesday.

Rupee slumps 29 paise to close at all-time low of 90.78/USD

Rupee slumps 29 paise to close at all-time low of 90.78/USD

Rediff.com15 Dec 2025

The rupee plunged 26 paise to an all-time low of 90.75 against the US dollar in intra-day trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.

Putin-Modi selfie speaks thousand words: US representative

Putin-Modi selfie speaks thousand words: US representative

Rediff.com11 Dec 2025

United States representative Sydney Kamlager-Dove while talking about the famous car selfie of Prime Minister Narendra Modi with Russian President Vladimir Putin said that it spoke a thousand words.

Sweet Dreams: How A Banker Became A Chocolatier

Sweet Dreams: How A Banker Became A Chocolatier

Rediff.com18 Dec 2025

'If I were a housewife, it would have been Ok. But I was set in my job and then suddenly I quit.'

Brookfield to build Asia's biggest GCC facility in Powai

Brookfield to build Asia's biggest GCC facility in Powai

Rediff.com13 Dec 2025

Brookfield Asset Management will invest $1 billion to develop Asia's largest global capability centre (GCC) in Mumbai's Powai, the New York-based global alternative asset manager said in a statement on Friday. The infrastructure arm of Canada's investment firm will develop the campus across 6 acres with 2 million square feet that can be let out.

EAC-PM chair calls for raising investment rate

EAC-PM chair calls for raising investment rate

Rediff.com20 Nov 2025

India needs to increase the investment rate to 34-35 per cent from 31-32 per cent currently to achieve a growth rate of 7 per cent and above, said S Mahendra Dev, chairman, economic advisory council (EAC) to the Prime Minister, on Wednesday.

Govt to bring G RAM G Bill to replace MGNREGA; guarantees 125-day work

Govt to bring G RAM G Bill to replace MGNREGA; guarantees 125-day work

Rediff.com16 Dec 2025

A bill to repeal the MGNREGA and introduce a new rural employment law, the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), has been circulated among Lok Sabha members.

Coming Soon! Prada's Made in India Kolhapuri Chappals

Coming Soon! Prada's Made in India Kolhapuri Chappals

Rediff.com13 Dec 2025

Prada's Kolhapuri chappals will debut globally in February across 40 Prada stores and on the brand's e-commerce platform.

Rupee slumps 38 paise to close at all-time low of 90.32 against US dollar

Rupee slumps 38 paise to close at all-time low of 90.32 against US dollar

Rediff.com11 Dec 2025

The rupee plunged 38 paise to close at an all-time low of 90.32 against the US dollar on Thursday amid uncertainty over the India-US trade deal. Forex traders said the rupee is expected to trade with a negative bias as the delay in the trade deal between India and the US may continue to dent investor confidence.

Why Rupee Depreciation Should Not Be Resisted

Why Rupee Depreciation Should Not Be Resisted

Rediff.com4 Dec 2025

'Calibrated depreciation will help rebalance external fundamentals, offset some of the tariff differentials with competitors, improve the competitiveness of domestic substitutes vis-a-vis Chinese imports, and contribute to the easing of financial conditions at a time when the inflation rate is unusually low,' explains Sajjid Z Chinoy, head of Asia Economics at JP Morgan.

Richest 10% Hold 65% of India's Wealth

Richest 10% Hold 65% of India's Wealth

Rediff.com11 Dec 2025

A larger part of India's population was in the middle 40 per cent of the national income share in 1980. Today almost all are in the bottom 50 per cent.

Sonia Gandhi accuses Modi govt of trying to erase Nehru's legacy

Sonia Gandhi accuses Modi govt of trying to erase Nehru's legacy

Rediff.com5 Dec 2025

Congress leader Sonia Gandhi accuses the ruling party of attempting to vilify Jawaharlal Nehru and erase his legacy, speaking at the launch of the Nehru Centre India.

The Putin Visit: The US-Pakistan Connection

The Putin Visit: The US-Pakistan Connection

Rediff.com8 Dec 2025

Luckily for us, a Russia that is desperate to stay relevant in an emerging multipolar world finds in India a reliable geostrategic partner. The Russian proximity to India also keeps China from exploiting its economic dominance vis a vis Russia, points out Colonel Anil A Athale (retd).

Is India Still Buying Russian Oil?

Is India Still Buying Russian Oil?

Rediff.com17 Dec 2025

Indian private sector and State-run refiners continued to receive crude oil from Russian suppliers even after November 21 -- the winding-down date for US sanctions on supplies from leading Russian oil producers imposed in October -- as new intermediaries sprung up in West Asia to sell the oil, according to senior refining sources and ship tracking data.

Trump-era H1B fee, tariffs hurt India ties, say US lawmakers

Trump-era H1B fee, tariffs hurt India ties, say US lawmakers

Rediff.com12 Dec 2025

US lawmakers have expressed concerns that policies enacted by the Trump administration, such as the H1B visa fee and tariffs on India, are detrimental to American businesses and threaten the relationship between the United States and India.

What Is DMK's Plan To Counter Vijay?

What Is DMK's Plan To Counter Vijay?

Rediff.com18 Dec 2025

The DMK may consider a two-tier campaign, where they keep the focus on Chief Minister Stalin, as a senior statesman with 50-plus years of political experience, and let EPS and the BJP shout in the wilderness. In such a case, the second-tier may project Udhayanidhi as the contender and chosen obstructionist in Vijay's path. The attempt, if any, would be to reduce Vijay to Udhayanidhi's level when the former is aiming at Stalin and Stalin alone in the state's political horizon, predicts N Sathiya Moorthy.

Relief for Gandhis as court rejects ED's National Herald chargesheet

Relief for Gandhis as court rejects ED's National Herald chargesheet

Rediff.com17 Dec 2025

The ED has accused Congress leaders Sonia Gandhi and Rahul Gandhi, as well as late party leaders Motilal Vora and Oscar Fernandes, along with Suman Dubey, Sam Pitroda, and a private company, Young Indian, of conspiracy and money laundering.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com23 Nov 2025

Macroeconomic data, global market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said. "This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets will track several high-impact macro releases, including Q2 GDP data and industrial production.

RBI trims rate by 25bps to 5.25%; loans to get cheaper

RBI trims rate by 25bps to 5.25%; loans to get cheaper

Rediff.com5 Dec 2025

Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.

Home, auto loans to get cheaper as RBI cuts interest rate

Home, auto loans to get cheaper as RBI cuts interest rate

Rediff.com5 Dec 2025

Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.

India to lead emerging market growth with 7% GDP rise in 2025: Moody's

India to lead emerging market growth with 7% GDP rise in 2025: Moody's

Rediff.com28 Nov 2025

Moody's Ratings on Friday said with a 7 per cent GDP expansion in 2025 and 6.4 per cent in the next year, India will lead growth among emerging markets and across the Asia Pacific region.

'G RAM G Isn't A National Employment Guarantee Law'

'G RAM G Isn't A National Employment Guarantee Law'

Rediff.com18 Dec 2025

'MGNREGA was about a guaranteed right to work.' 'The new law does not guarantee employment at all.' 'It removes everything that made MGNREGA a legal guarantee.'

Putin will face severe economic consequences if...: Trump warns again

Putin will face severe economic consequences if...: Trump warns again

Rediff.com15 Aug 2025

Trump stated that Russia will face "severe economic consequences" if Putin doesn't show interest in de-escalating the Ukraine conflict.

Fitch ups India's FY'26 GDP growth forecast to 7.4%

Fitch ups India's FY'26 GDP growth forecast to 7.4%

Rediff.com4 Dec 2025

Fitch Ratings on Thursday raised India's GDP growth forecast for the current fiscal to 7.4 per cent, from 6.9 per cent, on increased consumer spending and improved sentiment boosted by GST reforms.

How to Allocate Your Money in the Metal Market?

How to Allocate Your Money in the Metal Market?

Rediff.com11 Dec 2025

The Indian metal market is a promising sector to invest in as it provides a good balance between the prospects of growth and stability in dynamic economic conditions and a changing geopolitical environment. Metals such as gold, silver, copper, etc, have gained renewed significance in 2025, amidst growing inflation and India's push towards infrastructural growth and green energy initiatives.

How to Allocate Your Money in the Metal Market?

How to Allocate Your Money in the Metal Market?

Rediff.com11 Dec 2025

The Indian metal market is a promising sector to invest in as it provides a good balance between the prospects of growth and stability in dynamic economic conditions and a changing geopolitical environment. Metals such as gold, silver, copper, etc, have gained renewed significance in 2025, amidst growing inflation and India's push towards infrastructural growth and green energy initiatives.

SMAT: Siraj stars as Hyderabad down Mumbai

SMAT: Siraj stars as Hyderabad down Mumbai

Rediff.com12 Dec 2025

Reddy's all-round show not enough for Andhra Pradesh.

'People Knew Manmohan Singh Had No Vested Interest'

'People Knew Manmohan Singh Had No Vested Interest'

Rediff.com29 Nov 2025

'Maybe he was wrong, but they believed he genuinely meant what he said.'

Modi, Xi break the ice, hold talks amid global economic concerns

Modi, Xi break the ice, hold talks amid global economic concerns

Rediff.com1 Sep 2025

Prime Minister Narendra Modi and Chinese President Xi Jinping held bilateral talks focusing on economic ties and global stability amid trade tensions and the aftermath of the Ladakh border row.

HD Hyundai plans shipyard in Thoothukudi for $2 billion

HD Hyundai plans shipyard in Thoothukudi for $2 billion

Rediff.com8 Dec 2025

South Korea's HD Hyundai, one of the world's largest ship manufacturers, is planning to build a shipyard in Thoothukudi. The project may see an investment of around $2 billion, said a government source.

Stock markets likely to stay range-bound

Stock markets likely to stay range-bound

Rediff.com6 Dec 2025

The Reserve Bank of India (RBI) on Friday delivered a 25 basis point (bps) repo rate cut analysts expected, driven by the strong 8.2 per cent GDP growth in the September quarter. However, analysts do not expect a runaway market rally as the impact of US tariffs continues.

Air India is a responsibility not just a biz opportunity: Tata's Chandra

Air India is a responsibility not just a biz opportunity: Tata's Chandra

Rediff.com30 Nov 2025

Tata Sons Chairman N Chandrasekaran on Saturday said Air India, which is undergoing a transformation, is not just a business opportunity but a "responsibility" for the Tata Group.

IPOs increasingly becoming exit vehicles for early investors: CEA

IPOs increasingly becoming exit vehicles for early investors: CEA

Rediff.com21 Nov 2025

India's equity markets may have expanded rapidly, but initial public offerings (IPOs) are increasingly becoming exit vehicles for early investors rather than as engines for raising long-term capital, a shift that undermines the spirit of public markets, Chief Economic Advisor V Anantha Nageswaran warned on Monday at a CII event.

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rediff.com3 Dec 2025

The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.

The World Is A Dangerous Place

The World Is A Dangerous Place

Rediff.com22 Nov 2025

After Donald Trump became president of the United States, he unleashed economic weaponisation, upsetting the old world order, leading to much unrest. If that wasn't all, the threat of an imminent nuclear war was issued by the US, Russia, China, North Korea and Pakistan. In today's fractious times, Dr Paulos Mar Gregorios would have made a dent, notes His Holiness Baselios Marthoma Mathews III.

Russia agrees to boost joint defence manufacturing in India

Russia agrees to boost joint defence manufacturing in India

Rediff.com6 Dec 2025

India and Russia have agreed to encourage joint manufacturing of military hardware and spare parts in India, aiming to improve maintenance of Russian-origin defence equipment and boost overall bilateral defence cooperation.

'We will defend our people against terror': Jaishankar at SCO meet

'We will defend our people against terror': Jaishankar at SCO meet

Rediff.com18 Nov 2025

India's External Affairs Minister S Jaishankar addressed the Shanghai Cooperation Organisation (SCO) Council of Heads of Government meeting, advocating for a 'zero tolerance' approach to terrorism and emphasizing the need for the SCO to adapt to the changing global landscape.

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

'Emotion Is Very Scarce Right Now'

'Emotion Is Very Scarce Right Now'

Rediff.com18 Dec 2025

'We have come to the point in civilisation where emotion seems to be something you hide or you have to be discreet about, or to be ashamed of.'