Search results for ' Economic'

Mukesh Ambani fights back tears as his children take the wheel at Jio Listing

Mukesh Ambani fights back tears as his children take the wheel at Jio Listing

Rediff.com28 Oct 2026

Mukesh Ambani fought back tears as his three children, Akash, Isha, and Anant Ambani, took the stage at the stock market listing of Jio Platforms Ltd, marking an emotional moment that signals the next generation's readiness to lead one of India's largest corporate empires.

ED Intensifies Probe, Attaches Rs 31.70 Crore In Chhattisgarh DMF Funds Scam

ED Intensifies Probe, Attaches Rs 31.70 Crore In Chhattisgarh DMF Funds Scam

Rediff.com5 days ago

The Enforcement Directorate has provisionally attached assets worth Rs 31.70 crore and filed a supplementary prosecution complaint against 17 individuals in connection with the alleged misappropriation of District Mineral Foundation (DMF) funds in Chhattisgarh. The scam, which occurred during the previous Bhupesh Baghel-led government, involved an organised syndicate siphoning off funds through inflated procurement costs and illegal commissions.

Supreme Court Grants Chhattisgarh Govt Liberty To Seek Bail Cancellation For Anil Tuteja

Supreme Court Grants Chhattisgarh Govt Liberty To Seek Bail Cancellation For Anil Tuteja

Rediff.com7 days ago

The Supreme Court on Thursday granted the Chhattisgarh government the liberty to approach the high court for cancellation of bail granted to retired senior IAS officer Anil Tuteja in corruption cases, specifically if there are instances of bail misuse. The apex court refused to entertain the state's direct plea challenging the bail but clarified that the high court's observations during bail grant would not influence the trial. Tuteja faces probes in multiple corruption cases, including the liquor scam, District Mineral Fund irregularities, and coal levy scam.

US pushes to end Ukraine war as American envoy Witkoff meets Putin

US pushes to end Ukraine war as American envoy Witkoff meets Putin

Rediff.com22 Oct 2026

United States special envoy Steve Witkoff engaged in high-stakes talks with Russian President Vladimir Putin on Wednesday in St. Petersburg. The aim of the meeting was to advance proposals to end the war in Ukraine and establish a pathway towards broader negotiations.

No room to 'stand still': IAF Chief on lessons from Op Sindoor

No room to 'stand still': IAF Chief on lessons from Op Sindoor

Rediff.com25 Oct 2026

Air Chief Marshal AP Singh stated on Sunday that the Indian Air Force's Operation Sindoor demonstrated its capability to strike targets across the Western front, serving as a warning to adversaries. He highlighted the operation's validation of the IAF's capability-centric approach, indigenous weapon systems, and commitment to zero collateral damage, while also outlining the force's long-term vision for 2047 to become a multi-domain aerospace power.

How Much Did Hrithik Roshan Charge For Jailer 2 Cameo?

How Much Did Hrithik Roshan Charge For Jailer 2 Cameo?

Rediff.com24 Oct 2026

Following an intervention from Rajinikanth, Hrithik decided to take zero remuneration for the role.

The Air Chief Who Captured A Billion Hearts

The Air Chief Who Captured A Billion Hearts

Rediff.com5 days ago

Tarun Vijay salutes Air Chief Marshal Amar Preet Singh who retires from military service today.

Pakistan, Maldives sign agreements on defence, maritime security

Pakistan, Maldives sign agreements on defence, maritime security

Rediff.com21 Oct 2026

Pakistan and the Maldives have signed 20 Memorandums of Understanding (MoUs) covering defence, maritime security, artificial intelligence, trade, and other sectors during Maldivian President Mohamed Muizzu's three-day visit to Islamabad. The agreements aim to significantly boost bilateral cooperation and trade, with Pakistan also offering technical expertise and educational opportunities.

IMF projects India's growth at 7% by FY27, citing strong domestic demand

IMF projects India's growth at 7% by FY27, citing strong domestic demand

Rediff.com13 Oct 2026

The International Monetary Fund (IMF) has increased India's growth forecast to 7 per cent for 2026-27, up from 6.4 per cent, attributing this robust outlook to resilient domestic demand and strong services activity, positioning India as one of the fastest-growing major economies.

Stock Markets Today: Sensex, Nifty Tumble as IT Stocks, Crude Prices Weigh

Stock Markets Today: Sensex, Nifty Tumble as IT Stocks, Crude Prices Weigh

Rediff.com28 Oct 2026

Indian benchmark indices Sensex and Nifty experienced a significant drop in early trade, primarily due to a sell-off in IT stocks, a surge in crude oil prices, and investor caution ahead of the US Federal Reserve's policy decision.

'IAF Takes China, Pakistan Threats Seriously'

'IAF Takes China, Pakistan Threats Seriously'

Rediff.com2 days ago

'The close collaboration between Pakistan and China, and the assistance Pakistan receives, is a factor in our planning, and the IAF is building its capacity to counter precisely such collusive threats.'

Paytm's Core Business Already Profitable, UPI MDR An Added Boost

Paytm's Core Business Already Profitable, UPI MDR An Added Boost

Rediff.com27 Oct 2026

Paytm's current business model is already profitable, with the potential UPI merchant discount rate (MDR) framework expected to offer additional revenue rather than being the primary driver of its profitability. This assessment is supported by the company's Q2 FY27 earnings and analyses from global brokerages like JP Morgan, Goldman Sachs, and Bernstein, which highlight the strength of its merchant-led platform and financial services.

Is India Heading For A Food Crisis?

Is India Heading For A Food Crisis?

Rediff.com28 Oct 2026

'If the temperature remains very high, which is likely to be the case because of El Nino, it may lead to a shortfall in wheat production.' 'If that happens, we will be in a very, very difficult situation as far as food security is concerned.'

Arnab, Barsha, Toofan: Odisha babies get cyclone-inspired names

Arnab, Barsha, Toofan: Odisha babies get cyclone-inspired names

Rediff.com7 days ago

Over 900 babies were born safely across Odisha during Cyclone Arnab, thanks to the state government's proactive measures to shift pregnant women to healthcare facilities. Chief Minister Mohan Charan Majhi confirmed that 931 deliveries occurred, with both mothers and babies in good health. Some newborns were even named after the cyclone or related weather phenomena, reflecting the unique circumstances of their birth.

'Rs 12,000cr at risk': Delhi traders asks Sonia to defer Nov 1 rally

'Rs 12,000cr at risk': Delhi traders asks Sonia to defer Nov 1 rally

Rediff.com6 days ago

The Chamber of Trade and Industry (CTI) has appealed to Congress leader Sonia Gandhi to postpone the party's November 1 rally at Ramlila Maidan. Traders fear the rally, expected to draw 10 lakh people, could cause significant business disruption and traffic congestion in central and old Delhi during the crucial Diwali festive season, potentially leading to losses of Rs 10,000-12,000 crore. The CTI has suggested either rescheduling the rally or moving it to Burari Ground.

When Patel Said He Would Resign Instead Of Nehru

When Patel Said He Would Resign Instead Of Nehru

Rediff.com2 days ago

Nehru and Patel's differences were real, but so were their mutual respect and trust, notes Aditya Krishna.

Cong targets Modi over 'ongoing' China face-offs in Arunachal

Cong targets Modi over 'ongoing' China face-offs in Arunachal

Rediff.com23 Oct 2026

The Congress has criticised Prime Minister Narendra Modi for his "deafening silence" regarding reported face-offs with the Chinese Army in Arunachal Pradesh.

Doosra Review: Ambitious Blend Of Cricket And Feminism

Doosra Review: Ambitious Blend Of Cricket And Feminism

Rediff.com23 Oct 2026

Abhinay Deo's Doosra attempts to weave together the cricketing triumphs of Sourav Ganguly's 2001 Indian team with the poignant coming-of-age narrative of a young woman navigating the suffocating patriarchy of Rajasthan, observes Deepa Gahlot.

NITI Aayog pushes for empowered city governments, elected mayors to tackle urbanisation challenges

NITI Aayog pushes for empowered city governments, elected mayors to tackle urbanisation challenges

Rediff.com26 Oct 2026

NITI Aayog has called for a fundamental overhaul of urban governance in India, advocating for empowered city governments, directly elected mayors with five-year terms, and greater financial autonomy for urban local bodies to manage the country's rapidly growing urban population.

Kerala Assembly Passes Motion Against UPI MDR

Kerala Assembly Passes Motion Against UPI MDR

Rediff.com15 Oct 2026

The Kerala Legislative Assembly has passed a motion urging the central government to completely withdraw the proposed Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. Chief Minister V D Satheesan and CPI MLA K Rajan highlighted concerns that the MDR would increase business costs, harm small businesses, and reduce the appeal of digital payments, while the BJP argued it would not affect general public or small merchants.

'War can never be answer to war': Rajnath Singh at SCO meet

'War can never be answer to war': Rajnath Singh at SCO meet

Rediff.com20 Oct 2026

Defence Minister Rajnath Singh on Tuesday called for dialogue and diplomacy to resolve global conflicts, stating, "war can never be the answer to war," while addressing the Shanghai Cooperation Organisation (SCO) Council of Heads of Government meeting in Dushanbe, Tajikistan.

L&T's Q2 Net Profit Surges 33% to Rs 5,202 Crore, Order Inflows Up 28%

L&T's Q2 Net Profit Surges 33% to Rs 5,202 Crore, Order Inflows Up 28%

Rediff.com28 Oct 2026

Engineering conglomerate Larsen & Toubro (L&T) announced a significant 32.5 per cent increase in consolidated net profit, reaching Rs 5,202.10 crore for the quarter ended September 2026, driven by robust revenue growth and a 28 per cent surge in order inflows.

How AI And Cloud Are Fueling India's Small Business Growth

How AI And Cloud Are Fueling India's Small Business Growth

Rediff.com28 Oct 2026

Oracle NetSuite identifies India as one of its highest-priority markets, noting that small businesses, particularly outside major metros, are increasingly leveraging artificial intelligence (AI) and cloud technologies to expand domestically and internationally. This adoption is driven by India's young, tech-native population, which is less burdened by legacy systems, allowing smaller firms to compete more effectively with larger enterprises.

India-New Zealand FTA kicks in, promises 'more jobs and higher wages' for Kiwis

India-New Zealand FTA kicks in, promises 'more jobs and higher wages' for Kiwis

Rediff.com20 Oct 2026

New Zealand Prime Minister Christopher Luxon stated that the historic Free Trade Agreement with India, now in effect, will help grow both economies, allowing Kiwi businesses to reach over a billion more customers with significantly reduced tariffs, leading to 'more jobs and higher wages for Kiwis'.

'We Are On The Brink Of A Food Crisis'

'We Are On The Brink Of A Food Crisis'

Rediff.com28 Oct 2026

'The priority of the government should be to use agricultural production for human beings first, and only after that for biofuel and such things.'

US Fed rate decision, corporate earnings, crude oil to steer market sentiment

US Fed rate decision, corporate earnings, crude oil to steer market sentiment

Rediff.com25 Oct 2026

Indian stock markets are set to be influenced this week by a confluence of factors including quarterly corporate earnings, the US Federal Reserve's interest rate decision, fluctuations in crude oil prices, and ongoing geopolitical developments in West Asia.

Uttar Pradesh Attracts Global Tech Investment With Pro-Business Policies

Uttar Pradesh Attracts Global Tech Investment With Pro-Business Policies

Rediff.com27 Oct 2026

Global companies like LG Electronics, Smartworks, Microsoft, and HCL Technologies lauded Uttar Pradesh's investor-friendly policies, infrastructure, and talent at the GCC Innovation Summit 2026. They shared positive experiences, highlighting the state's swift decision-making and commitment to fostering a conducive environment for Global Capability Centres, leading to significant investments and job creation.

Sanjeev Bikhchandani to return as Info Edge CEO; Hitesh Oberoi steps down after 27 years

Sanjeev Bikhchandani to return as Info Edge CEO; Hitesh Oberoi steps down after 27 years

Rediff.com28 Oct 2026

Info Edge (India) Ltd, the parent company of Naukri.com, is undergoing a significant leadership change as founder Sanjeev Bikhchandani prepares to return as managing director and group chief executive officer. This transition follows Hitesh Oberoi's decision to step down from his executive roles after nearly 27 years with the company, though he will remain on the board as a non-executive, non-independent director.

Graduate Employment Rises, But Job Seekers Fall

Graduate Employment Rises, But Job Seekers Fall

Rediff.com20 Oct 2026

The lack of faster growth in salaried jobs may well account for the degrowth in the unemployed educated population who are actively seeking jobs.

RBI raises India's FY27 GDP growth forecast to 7.1% amid global headwinds

RBI raises India's FY27 GDP growth forecast to 7.1% amid global headwinds

Rediff.com7 Oct 2026

The Reserve Bank of India (RBI) has increased its GDP growth forecast for the current fiscal year (FY27) by 40 basis points to 7.1 per cent, acknowledging the resilience of domestic economic activity despite global headwinds and geopolitical tensions.

Siang Project: Can India Turn Challenge Into Opportunity?

Siang Project: Can India Turn Challenge Into Opportunity?

Rediff.com22 Oct 2026

The objective should be clear: Energy security without abandoning environmental responsibility; water security without ignoring local concerns; and strategic resilience without sacrificing public confidence, notes Varun Arya.

'It's a no-brainer, boundary...': Jaishankar's message to China

'It's a no-brainer, boundary...': Jaishankar's message to China

Rediff.com14 Oct 2026

External Affairs Minister S Jaishankar stated that the stability of the Line of Actual Control (LAC) is essential for normalising India-China relations, asserting that border disturbances will have consequences. He connected trade and investment growth to border peace and highlighted significant economic issues, including a severe trade imbalance and lack of market access for India in China. Jaishankar also referenced the 2020 Galwan clashes as a critical turning point, underscoring the profound impact of border tranquillity on the overall bilateral relationship.

India, US trade deal to be much different: Trump

India, US trade deal to be much different: Trump

Rediff.com21 Oct 2026

US President Donald Trump stated that the US and India are 'pretty close' to finalising a trade deal, which he expects to be significantly different from previous agreements. This announcement comes amidst ongoing discussions between officials from both nations, including Secretary of State Marco Rubio's visit to India and Commerce Minister Piyush Goyal's meetings with US Trade Representative Jamieson Greer, following an initial framework agreement in February.

'India Has Been Flat For 2 Years'

'India Has Been Flat For 2 Years'

Rediff.com6 days ago

'In the past, when the Indian markets have been flat for two years, the next year's returns have ranged between 5 per cent and 55 per cent.'

Poor, Young, Disposable: How Bishnoi Gang Recruits

Poor, Young, Disposable: How Bishnoi Gang Recruits

Rediff.com7 days ago

'The shooters have no idea who hired them, who their target is until the last moment and have little idea of being used as utility and disposable items.'

How Rich 2 Money Defrauded Investors: Police Seek More Victims

How Rich 2 Money Defrauded Investors: Police Seek More Victims

Rediff.com15 Oct 2026

Palghar police have appealed to victims of a ponzi scheme run by Rich 2 Money Private Limited to register complaints. The Economic Offences Wing has identified 48 defrauded investors, losing Rs 5.91 crore, with the company promising high returns on investments in share markets and F&O trading.

Why is entire system working to help pharma companies, asks SC

Why is entire system working to help pharma companies, asks SC

Rediff.com27 Oct 2026

The Supreme Court has strongly criticised the Centre and pharmaceutical manufacturers over the significant disparity between the Maximum Retail Price (MRP) of medicines and their price to retailers, questioning the justification for such high margins and the perceived ineffectiveness of the National Pharmaceutical Pricing Authority (NPPA). The court reserved its verdict on petitions seeking strict price control and prevention of unethical overpricing of essential medicines.

Driving India's Media And Entertainment Growth

Driving India's Media And Entertainment Growth

Rediff.com15 Oct 2026

Ministry of Information and Broadcasting Secretary Chanchal Kumar outlined the critical factors for the media and entertainment sector's next growth phase, including robust intellectual property, sustainable revenue models, and disciplined investments. Speaking at the CII Big Picture Summit, he emphasised the government's role in fostering an environment for creative enterprises and addressing challenges posed by digital platforms and AI. The CII White Paper also projected a USD 100 billion Indian M&E sector, advocating for stronger IP and regulatory reforms.

Currency in Circulation Growth Hits 5-Year High, Driven by FCNR(B) Deposits

Currency in Circulation Growth Hits 5-Year High, Driven by FCNR(B) Deposits

Rediff.com24 Oct 2026

Growth in India's currency in circulation (CiC) has reached a five-year high, primarily due to deposits under the Foreign Currency Non-Resident (Bank), or FCNR(B), scheme, leading to a robust increase in reserve money, according to the Reserve Bank of India's (RBI) 'State of the Economy' report.

Dalits forced to prostrate in TN over burial ground access

Dalits forced to prostrate in TN over burial ground access

Rediff.com10 Oct 2026

A shocking incident of alleged caste discrimination has emerged from Tamil Nadu's Erode district, where two Dalit men were reportedly forced to prostrate before dominant caste members.