Search results for 'economy'

How AI Can Boost India's Economy By $500 Billion

How AI Can Boost India's Economy By $500 Billion

Rediff.com2 days ago

A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.

'Very Bad For Global Economy If War Continues'

'Very Bad For Global Economy If War Continues'

Rediff.com28 Apr 2026

'Even if the war ends tomorrow, which is unlikely, and we go back to the pre-war status quo, the world will still need some time to get over the sudden shock of oil price increases.'

How Punjab Is Strengthening Public Safety And Rural Economy

How Punjab Is Strengthening Public Safety And Rural Economy

Rediff.com1 May 2026

The Punjab Cabinet has approved a series of measures aimed at enhancing public safety through forensic science upgrades and boosting rural incomes with a new farm stay policy.

Digital Economy to Contribute 20% to India's GDP by 2030

Digital Economy to Contribute 20% to India's GDP by 2030

Rediff.com17 Mar 2026

India's digital economy is projected to constitute nearly 20 per cent of the nation's GDP by 2030, fuelled by a growth rate twice as fast as the overall economy, according to a senior government official.

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Rediff.com3 days ago

Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.

'Tremendous Belief': Virat Kohli Decodes Bhuvneshwar Kumar's Success In IPL 2026

'Tremendous Belief': Virat Kohli Decodes Bhuvneshwar Kumar's Success In IPL 2026

Rediff.com20 hours ago

Virat Kohli praises Bhuvneshwar Kumar's resurgence in IPL 2026, highlighting his 'uncomplicated consistency' and technical abilities. Kumar's impressive wicket haul and economy rate have been crucial for RCB's success.

'Not an iota of truth': Modi rejects media report on taxing foreign travel

'Not an iota of truth': Modi rejects media report on taxing foreign travel

Rediff.com9 hours ago

Prime Minister Narendra Modi has strongly refuted a media report suggesting the government is considering levying a tax, cess, or surcharge on foreign travel, calling the news "totally false".

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

Rediff.com27 Mar 2026

India's economy is projected to maintain growth above 7 per cent in 2026-27 (FY27), supported by strong domestic consumption and investment, even as global growth faces risks from geopolitical tensions, according to industry body Assocham.

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Rediff.com3 days ago

Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.

WFH, avoid foreign travel for 1 year: Modi's 7 big appeals

WFH, avoid foreign travel for 1 year: Modi's 7 big appeals

Rediff.com4 days ago

Prime Minister Modi has urged citizens to adopt measures like judicious fuel use, postponing gold purchases, and deferring foreign travel to strengthen India's economy in the face of the West Asia conflict's adverse impact.

Southwest monsoon expected to arrive in Kerala on May 26

Southwest monsoon expected to arrive in Kerala on May 26

Rediff.com18 hours ago

The India Meteorological Department (IMD) has forecasted an early onset of the southwest monsoon over Kerala, expected around May 26. This marks the beginning of the crucial rainy season for India.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com2 days ago

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

SC calls for rational airfares, asks Centre to provide relief to flyers

SC calls for rational airfares, asks Centre to provide relief to flyers

Rediff.com18 hours ago

The Supreme Court has directed the Centre to rationalise airfares and provide relief to flyers, highlighting discrepancies in pricing for the same routes and airlines. The court is addressing a plea seeking a robust regulator to ensure transparency and passenger protection in the civil aviation sector.

Hormuz Crisis Threatens Global Economy

Hormuz Crisis Threatens Global Economy

Rediff.com12 Mar 2026

When missiles fly in this region, they are never just aimed at military targets.

IPL 2026: 'We've not handled pressure': PBKS coach admits

IPL 2026: 'We've not handled pressure': PBKS coach admits

Rediff.com22 hours ago

Punjab Kings assistant coach Brad Haddin admits the team is struggling to handle pressure after a series of defeats in the Indian Premier League, highlighting concerns over bowling and fielding performances.

India must not rent its intelligence future: Adani

India must not rent its intelligence future: Adani

Rediff.com3 days ago

Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.

Gold import duty hike to spur grey market, smuggling, say exporters

Gold import duty hike to spur grey market, smuggling, say exporters

Rediff.com2 days ago

The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.

How UP Boosted Sugarcane Farmers' Income

How UP Boosted Sugarcane Farmers' Income

Rediff.com1 days ago

The Uttar Pradesh government announced it has paid a record Rs 3,21,963 crore to sugarcane growers since 2017, emphasising on-time payments and direct transfers to farmers' accounts. The government highlighted initiatives like farm loan waivers and the 'Smart Ganna Kisan' system for online sugarcane management.

Modi to embark on six-day visit to UAE, Europe

Modi to embark on six-day visit to UAE, Europe

Rediff.com4 days ago

Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.

NIT Rourkela To Offer New Courses In Emerging Technologies

NIT Rourkela To Offer New Courses In Emerging Technologies

Rediff.com2 days ago

NIT Rourkela has announced the launch of four new academic programmes for the 2026-27 session, focusing on emerging technologies such as semiconductors, artificial intelligence, and quantum technologies.

'We Need Petrol More Than Gold Right Now'

'We Need Petrol More Than Gold Right Now'

Rediff.com4 days ago

'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'

Indian Investments in US Rise, Create American Jobs: Official

Indian Investments in US Rise, Create American Jobs: Official

Rediff.com5 May 2026

Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.

Strikes Shake India's Gig Economy

Strikes Shake India's Gig Economy

Rediff.com21 Feb 2026

Two of the three strikes are related to the gig economy, a centrepiece of the new labour Codes.

IPL 2026, RCB vs MI: Bhuvneshwar, Krunal shine as RCB pip Mumbai Indians

IPL 2026, RCB vs MI: Bhuvneshwar, Krunal shine as RCB pip Mumbai Indians

Rediff.com5 days ago

Krunal Pandya's gritty 73 and Bhuvneshwar Kumar's all-round heroics (4/23, 7 not out) powered Royal Challengers Bengaluru to a nervy two-wicket victory and knocked Mumbai Indians out of the race for IPL playoffs in Raipur on Sunday.

US planning to drop charges against Gautam Adani: NYT report

US planning to drop charges against Gautam Adani: NYT report

Rediff.com1 days ago

A New York Times report on Thursday (local time) has claimed that the US Justice Department is contemplating dropping charges against industrialist and Adani Group chairman Gautam Adani.

IPL 2026: How Punjab Kings' Dream Run Turned Into A Nightmare

IPL 2026: How Punjab Kings' Dream Run Turned Into A Nightmare

Rediff.com1 days ago

Punjab Kings's downfall has been driven by poor fielding, repeated dropped catches, inconsistent bowling and the continued backing of out-of-form middle-order batters such as Shashank Singh and Nehal Wadhera, both of whom have struggled with both bat and fielding standards.

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Rediff.com3 days ago

'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com4 days ago

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

Karnataka Aims for AI-Driven Creative Economy

Karnataka Aims for AI-Driven Creative Economy

Rediff.com1 Mar 2026

Karnataka is prioritizing the AVGC sector in its AI-driven creative economy, emphasizing IP creation, responsible AI adoption, and large-scale skilling, according to Minister Priyank Kharge.

TVS Motor set for continued outperformance driven by EVs, premium bikes, and exports

TVS Motor set for continued outperformance driven by EVs, premium bikes, and exports

Rediff.com20 hours ago

TVS Motor Company is strategically positioned for sustained outperformance in the domestic two-wheeler industry, propelled by increasing market share in scooters, premium motorcycles, electric vehicles (EVs), and robust export growth, according to analysts.

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

Rediff.com1 days ago

The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.

IPL 2026: Punjab Kings look to overcome bowling woes against bottom-dwellers Mumbai Indians

IPL 2026: Punjab Kings look to overcome bowling woes against bottom-dwellers Mumbai Indians

Rediff.com2 days ago

Punjab Kings, after a series of losses, face Mumbai Indians in a crucial IPL match, needing to address their bowling and fielding weaknesses to stay in the playoff race.

Why The Energy Crisis Will Get Worse

Why The Energy Crisis Will Get Worse

Rediff.com4 days ago

The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.

'Evidence of...': Oppn slams Modi over 'WFH, no gold' pitch

'Evidence of...': Oppn slams Modi over 'WFH, no gold' pitch

Rediff.com4 days ago

Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi's call for citizens to make economic sacrifices in response to the West Asia conflict, calling it 'evidence of failure'. Gandhi accused Modi of shifting responsibility onto the public and being incapable of running the country.

Why The Rupee Is At An All-Time Low

Why The Rupee Is At An All-Time Low

Rediff.com5 May 2026

The rupee weakened to a record low against the US dollar due to Gulf tensions, rising oil prices, and foreign capital outflows.

IPL 2026: Overseas pacers key reason behind Punjab Kings' struggles, says Chawla

IPL 2026: Overseas pacers key reason behind Punjab Kings' struggles, says Chawla

Rediff.com13 hours ago

Former India spinner Piyush Chawla has blamed Punjab Kings' struggling overseas fast bowlers for the team's poor run in IPL 2026. Punjab suffered their fifth straight defeat after losing to Mumbai Indians by six wickets in Dharamsala on Thursday, May 14, 2026, putting their playoff hopes under pressure.

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com2 days ago

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

IPL 2026: DC vs KKR: Playoff hopes hang by a thread

IPL 2026: DC vs KKR: Playoff hopes hang by a thread

Rediff.com7 May 2026

Delhi Capitals face Kolkata Knight Riders in a crucial IPL match, needing a win to keep their playoff hopes alive.

IPL 2026: Why Did CSK Drop Hosein Against LSG?

IPL 2026: Why Did CSK Drop Hosein Against LSG?

Rediff.com2 hours ago

Chennai Super Kings suffered a damaging defeat to Lucknow Super Giants as Mitchell Marsh, Nicholas Pooran and Akash Singh exposed tactical flaws and pushed CSK to the brink of IPL 2026 playoff elimination.

Sensex Rises Over 700 Points, Nifty Crosses 23,600 Amid Positive Market Sentiment

Sensex Rises Over 700 Points, Nifty Crosses 23,600 Amid Positive Market Sentiment

Rediff.com1 days ago

Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, driven by strong performance in banking shares and positive sentiment from Asian markets, alongside optimism surrounding the ongoing US-China Summit.