Search results for 'Economy'

How AI Shapes India's Cultural Wealth And Music Industry

How AI Shapes India's Cultural Wealth And Music Industry

Rediff.com1 Sep 2026

Prasar Bharati Chairman Prasoon Joshi voiced concerns over AI's impact on India's cultural heritage, including music and endangered languages, advocating for human-AI collaboration. Meanwhile, a Spotify report revealed significant growth in royalties for Indian artists, with linguistic diversity driving economic strength in the creative industries, highlighting the platform's role in enabling talent across various Indian languages.

Global headwinds push Indian markets marginally lower as oil prices surge

Global headwinds push Indian markets marginally lower as oil prices surge

Rediff.com1 Sep 2026

Indian benchmark indices, Sensex and Nifty, closed marginally lower due to elevated crude oil prices, fresh US-Iran tensions, and expectations of a tighter monetary policy from the US Federal Reserve, despite strong domestic GDP growth.

How India Is Integrating Payment Systems In Global Trade Deals

How India Is Integrating Payment Systems In Global Trade Deals

Rediff.com1 days ago

India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.

Nabi's First County Wicket Has An India Connection

Nabi's First County Wicket Has An India Connection

Rediff.com7 days ago

Auqib Nabi made a notable debut for Surrey, taking Kuldeep Yadav's wicket.

The Taj's Hidden Story Is India's Wealth

The Taj's Hidden Story Is India's Wealth

Rediff.com26 Aug 2026

In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.

India's Trade Deficit with BRICS Nations Surges to $226.1 Billion

India's Trade Deficit with BRICS Nations Surges to $226.1 Billion

Rediff.com1 days ago

India's total goods trade with BRICS nations more than doubled from FY21 to FY26, reaching USD 417.5 billion, but a significant surge in imports, particularly from China and Russia, has caused India's trade deficit with the bloc to more than triple, reaching USD 226.1 billion.

Alternative Fuels Overtake Petrol as India's Auto Retail Sales Hit Record 24.23 Lakh Units in August

Alternative Fuels Overtake Petrol as India's Auto Retail Sales Hit Record 24.23 Lakh Units in August

Rediff.com3 days ago

India's automobile retail sales reached an unprecedented 24.23 lakh units in August, marking a 17.51 per cent year-on-year growth, with alternative fuels (CNG, hybrid, and electric) collectively surpassing petrol in the passenger vehicle segment for the first time.

708 Runs, 10 Wickets: Duleep Trophy Final Yawn!

708 Runs, 10 Wickets: Duleep Trophy Final Yawn!

Rediff.com3 days ago

What should have been a top-draw domestic red-ball clash to kick off the new season featuring some of India's Test stars has quickly turned into a lopsided contest, courtesy of a lifeless pitch heavily loaded in favour of the batters.

US India Space Partnership: A New Era Of Co-Creation

US India Space Partnership: A New Era Of Co-Creation

Rediff.com3 days ago

US Ambassador to India, Sergio Gor, highlighted the evolving US-India space partnership, moving from cooperation to "co-creation" at the Bengaluru Space Expo. He emphasised joint design, funding, and co-authoring the future of human discovery, citing the NISAR satellite and India's participation in the Artemis Accords as key examples of this growing synergy.

Gurnoor Brar Credits Bumrah, Siraj For Improved Consistency

Gurnoor Brar Credits Bumrah, Siraj For Improved Consistency

Rediff.com1 Sep 2026

India pacer Gurnoor Brar discusses how bowling alongside senior quicks Jasprit Bumrah and Mohammad Siraj has improved his consistency in lengths.

India-China ties can't be held hostage to border: Ex-CDS Anil Chauhan

India-China ties can't be held hostage to border: Ex-CDS Anil Chauhan

Rediff.com4 days ago

Former CDS Anil Chauhan stated that China poses a long-term and comprehensive challenge to India, with the boundary issue remaining unresolved due to differing perceptions of the Line of Actual Control. However, he emphasised that India's ties with Beijing cannot be solely defined by border disputes, advocating for engagement through platforms like SCO and BRICS. He also highlighted the broader global geopolitical flux and instability in India's neighbourhood as significant security concerns, stressing the need for self-reliance.

OpenAI Chief Scientist Sounds Alarm On Unchecked AI Progress

OpenAI Chief Scientist Sounds Alarm On Unchecked AI Progress

Rediff.com3 days ago

OpenAI's chief scientist, Jakub Pachocki, has issued a stark warning about the accelerating pace of artificial intelligence, stating that "no one is prepared" for its rapid rise and potential consequences. He highlights concerns over autonomous AI agents taking unintended actions and calls for international coordination, voluntary slowdowns, and robust safety measures to ensure human control and alignment with human values as machine intelligence surpasses human capabilities.

Why Foreign Investors Are Missing India's Real Story

Why Foreign Investors Are Missing India's Real Story

Rediff.com2 Sep 2026

If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.

UP Spinner Kartik Yadav Models Draws Inspiration From Jadeja And Pandya

UP Spinner Kartik Yadav Models Draws Inspiration From Jadeja And Pandya

Rediff.com3 Sep 2026

Young Uttar Pradesh spinner Kartik Yadav, who impressed on his Ranji Trophy debut, aims to become an all-format cricketer by drawing inspiration from the adaptability of Ravindra Jadeja and the composure of Hardik Pandya.

FY28 Budget Work Starts Early

FY28 Budget Work Starts Early

Rediff.com6 days ago

The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.

TN CM Vijay plans Rs 1,200 crore edifice to replace Fort St George

TN CM Vijay plans Rs 1,200 crore edifice to replace Fort St George

Rediff.com7 days ago

Tamil Nadu Chief Minister C Joseph Vijay has announced plans for a new Rs 1,200 crore Assembly-cum-Secretariat integrated complex in Chennai, moving the administration from the historic Fort St George. The modern facility will house all state government departments, addressing space constraints and aiming for efficient governance. Additionally, the CM unveiled plans for a Tamil Nadu Olympic City and a Motor Sports City to boost sports infrastructure and tourism.

India Calls For BRICS Partnership In Digital Public Infrastructure And Telecom Standards

India Calls For BRICS Partnership In Digital Public Infrastructure And Telecom Standards

Rediff.com20 Aug 2026

Minister of State for Telecom Chandra Sekhar Pemmasani urged BRICS nations to collaborate on building institutional capacity and advocating for fair standards in international telecom and ICT bodies. He highlighted India's willingness to share its modular, open-source digital public infrastructure frameworks like Aadhaar and DigiLocker, emphasising their role in sustainable development and economic growth across the Global South.

AMI To Deploy 9,000 Nvidia Rubin GPUs

AMI To Deploy 9,000 Nvidia Rubin GPUs

Rediff.com26 Aug 2026

The Hyderabad AI factory is being designed to run some of the world's largest and most sophisticated AI models, including trillion-parameter models and next-generation agentic AI applications.

Vijay's Tamil Nadu Attracts Rs 1 Trillion In Investment Commitment

Vijay's Tamil Nadu Attracts Rs 1 Trillion In Investment Commitment

Rediff.com26 Aug 2026

'If investors are trusting a new establishment in Tamil Nadu, it speaks a lot of the state's investment climate.'

'Economy May Take 2 To 3 Months To Return To Normal'

'Economy May Take 2 To 3 Months To Return To Normal'

Rediff.com8 Jul 2026

'The real shock is going to be from a deficient monsoon.'

Why UPI Should Be Kept Free

Why UPI Should Be Kept Free

Rediff.com31 Aug 2026

Making UPI payments fee-based for some transactions could enhance mental reservations against digital payments -- which have largely been overcome -- once more. Do we want to regress?, asks R Jagannthan.

India-China Rivalry Tests BRICS' Future

India-China Rivalry Tests BRICS' Future

Rediff.com3 days ago

India and China are in what experts call 'a cooperation-versus-competition situation'.

India's UPI Ecosystem Sees Record Growth In August

India's UPI Ecosystem Sees Record Growth In August

Rediff.com1 Sep 2026

India's Unified Payments Interface (UPI) recorded an unprecedented 24.51 billion transactions valued at Rs 29.8 lakh crore in August, largely propelled by the Raksha Bandhan festival. This surge marks a 22% annual increase in volume and 20% in value, highlighting the expanding reach and depth of the UPI ecosystem. Experts anticipate further growth during the upcoming festive season, while UPI's international acceptance now spans 11 countries.

Modi's new target on I-Day: 6 crore 'Lakhpati Didis'

Modi's new target on I-Day: 6 crore 'Lakhpati Didis'

Rediff.com15 Aug 2026

Prime Minister Narendra Modi announced a new target of creating six crore 'Lakhpati Didis' to empower women and transform the rural economy. He highlighted the success of the existing initiative and the growing contribution of women in various sectors, from defence to technology.

Why Pay Hikes Remain Muted

Why Pay Hikes Remain Muted

Rediff.com31 Aug 2026

Surging growth in sales by companies hasn't translated into higher salaries just yet.

Canada suspends trade talks with US, 50% tariff kicks in

Canada suspends trade talks with US, 50% tariff kicks in

Rediff.com22 Aug 2026

Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.

Surrey call-up puts Auqib Nabi on fast track for India's New Zealand Test plans

Surrey call-up puts Auqib Nabi on fast track for India's New Zealand Test plans

Rediff.com30 Aug 2026

Auqib Nabi's Surrey stint will provide crucial first-class exposure in England as the J&K pacer seeks to strengthen his case for India's Test squad for New Zealand.

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Rediff.com5 days ago

The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.

Trump announces 'biggest oil deal in world history' with Venezuela

Trump announces 'biggest oil deal in world history' with Venezuela

Rediff.com29 Aug 2026

Donald Trump announced a landmark agreement with Venezuela, claiming it to be the 'biggest oil deal in world history'. The deal reportedly grants the US majority control over more than 65 billion barrels of Venezuela's proven crude oil reserves, aiming to double American oil reserves and lower domestic gasoline prices.

PM lays out seven-point Sapta Dhara framework for Viksit Bharat

PM lays out seven-point Sapta Dhara framework for Viksit Bharat

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has introduced a 'Sapta Dhara' (seven-stream) reform framework, aiming to propel India into a developed nation by 2047. This comprehensive plan focuses on key sectors including manufacturing, agro-food processing, technology, logistics, defence, green and blue economy, and soft power, leveraging the nation's youth potential.

Indian Equities End Flat as High Crude Prices, US Yields Cap Gains

Indian Equities End Flat as High Crude Prices, US Yields Cap Gains

Rediff.com21 Aug 2026

Indian benchmark indices, Sensex and Nifty, closed flat on Friday, with elevated crude oil prices due to geopolitical uncertainties and a rebound in US Treasury yields making investors cautious and preventing a decisive market rally.

Netflix Is Offering A Scholarship For...

Netflix Is Offering A Scholarship For...

Rediff.com27 Aug 2026

IICT and Netflix are offering scholarships to 100 students and working professionals, with up to 80 per cent financial support for courses in animation, VFX, gaming and creative technologies.

Abu Dhabi Targets Indian Tourists

Abu Dhabi Targets Indian Tourists

Rediff.com28 Aug 2026

'India was the emirate's largest international source market by hotel guest volume.'

Sumit Sarkar: The Historian Who Transformed Indian History

Sumit Sarkar: The Historian Who Transformed Indian History

Rediff.com25 Aug 2026

Sumit Sarkar was never intellectually dismissive of the Hindutva project. He took it with deadly seriousness for he grasped the challenge it posed to the aspirations and ideals of the anti-imperialist movement that generated multiple imaginings of freedom and ways to attain it, recalls Pradeep Kumar Dutta.

'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.com18 Aug 2026

'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?'

Indian Markets Today: Sensex, Nifty Decline as Crude Hits $91

Indian Markets Today: Sensex, Nifty Decline as Crude Hits $91

Rediff.com18 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, driven by a surge in Brent crude oil prices above USD 91 per barrel due to escalating tensions between Iran and the US, alongside an increase in US 10-year bond yields. Track Sensex, Nifty on August 18.

Young Leaders Dialogue To Shape India's Future

Young Leaders Dialogue To Shape India's Future

Rediff.com19 Aug 2026

The third edition of the Viksit Bharat Young Leaders Dialogue (VBYLD) has commenced with a quiz contest, leading to a national finale in January 2027 where young leaders will present their ideas for a developed India to Prime Minister Narendra Modi. The multi-stage event includes essay challenges, district championships, and state-level dialogues, aiming to foster youth participation in nation-building across various thematic areas.

Stock Markets Today: Sensex, Nifty Down Over US-Iran Impasse

Stock Markets Today: Sensex, Nifty Down Over US-Iran Impasse

Rediff.com14 Aug 2026

Indian benchmark indices, Sensex and Nifty, saw declines in early trade, with the ongoing US-Iran standoff cited as a major factor impacting investor sentiment and raising concerns about inflationary pressures and currency volatility for oil-importing nations like India. Track Sensex, Nifty on August 14, 2026.

How China Shielded Itself From Oil Shock

How China Shielded Itself From Oil Shock

Rediff.com17 Aug 2026

China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.

'The Most Valuable Show For Us Is KBC'

'The Most Valuable Show For Us Is KBC'

Rediff.com25 Aug 2026

Sony Pictures Networks India (SPNI) has seen its revenue grow by over 9 per cent to 7,064 crore, driven by the strong performance of SonyLIV, Sony SAB, and Sony Entertainment Television (SET), said Gaurav Banerjee, head of SPNI.