Search results for 'economy'

Bihar alcohol ban failed, govt should revoke it: Study

Bihar alcohol ban failed, govt should revoke it: Study

Rediff.com3 days ago

A research paper by the National Council of Applied Economic Research (NCAER) recommends that Bihar revoke its alcohol ban, citing its failure to reduce violence against women and a rise in illicit drug and alcohol consumption. The report suggests that reinstating the liquor excise tax would significantly increase state revenues and decrease enforcement costs.

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Rediff.com6 days ago

Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.

Churning reels not enough, youth need jobs: Congress slams Modi

Churning reels not enough, youth need jobs: Congress slams Modi

Rediff.com4 Aug 2026

The Congress party has accused the Modi government of creating a "deep crisis" in India's job market due to its "flawed" economic and employment policies. Citing a media report on a 27% decline in new jobs at major companies, the opposition party stated that the government is engaged in "headline management" and "politics of distraction" instead of addressing the youth employment crisis.

Stock Markets Today: Sensex Rises, Nifty Sinks as New Closing Auction Session Takes Effect

Stock Markets Today: Sensex Rises, Nifty Sinks as New Closing Auction Session Takes Effect

Rediff.com4 Aug 2026

Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

Iran rejigs leadership after rare meet between Supreme Leader, President

Iran rejigs leadership after rare meet between Supreme Leader, President

Rediff.com1 days ago

Supreme Leader Mojtaba Khamenei has reshuffled Iran's political and national-security establishment, appointing former SNSC Secretary Mohammad Bagher Zolghadr as his political adviser and veteran IRGC commander Mohsen Rezaei as his representative on the Supreme National Security Council, consolidating power amid the West Asia crisis and Strait of Hormuz tensions.

Abhinav Bindra: 'Let's Strengthen Our Education System'

Abhinav Bindra: 'Let's Strengthen Our Education System'

Rediff.com23 Jul 2026

Olympic Gold Medalist Abhinav Bindra says an education system that inspires confidence, rewards merit and nurtures curiosity is one of a nation's greatest strengths.

Can A Couple With Different Political Views Have A Healthy Relationship?

Can A Couple With Different Political Views Have A Healthy Relationship?

Rediff.com2 days ago

With political divisions dominating conversations, can couples with opposing views stay together?

US slap 10% tariff on India over 'forced labour'

US slap 10% tariff on India over 'forced labour'

Rediff.com24 Jul 2026

The United States has implemented a 10 per cent tariff on goods imported from India and 16 other countries, citing efforts to combat forced labour in production.

Small Nuclear Reactors To Cost About Rs 7,000 Crore

Small Nuclear Reactors To Cost About Rs 7,000 Crore

Rediff.com4 Aug 2026

Construction of the approved reactor projects is expected to take five to six years after receiving financial approval.

NITI Aayog's Vision For India's Bioeconomy Growth

NITI Aayog's Vision For India's Bioeconomy Growth

Rediff.com16 Jul 2026

A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.

Women Owners Employ More Women

Women Owners Employ More Women

Rediff.com14 Jul 2026

In cities where women own a larger share of small businesses, women also account for a larger share of jobs.

Assam Floods: The Village The Dikhow River Wiped Out

Assam Floods: The Village The Dikhow River Wiped Out

Rediff.com3 Aug 2026

The water rose from knee level to chest height within minutes before climbing even higher. Homes crumbled, cattle sheds collapsed and everything that could be carried away by the current vanished.

West Bengal Pledges Full Support For India-Brazil Football Clash

West Bengal Pledges Full Support For India-Brazil Football Clash

Rediff.com5 days ago

West Bengal Chief Minister Suvendu Adhikari has assured the All India Football Federation of full government support to host India's biggest-ever international football fixture against five-time World Cup champions Brazil in Kolkata on October 3. This historic match will be India's first against a top-five FIFA-ranked nation, offering crucial exposure to the national team despite initial concerns over crowd management.

Our endeavour is to bring inflation in line with target over the medium term

"Our endeavour is to bring inflation in line with target over the medium term"

Rediff.com5 days ago

"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.

Gen Z Protests: What Government Needs To Fix

Gen Z Protests: What Government Needs To Fix

Rediff.com5 days ago

The challenge thrown by the youth movement creates the opportunity for a more consequential debate on India's economic trajectory because it must remain centered on India's youth as its driving impulse, asserts former foreign secretary Shyam Saran.

Gold, silver prices to remain range-bound as US jobs data, Fed cues awaited

Gold, silver prices to remain range-bound as US jobs data, Fed cues awaited

Rediff.com2 Aug 2026

Gold and silver prices are expected to remain range-bound this week as investors await crucial US economic data, including the non-farm payrolls report, and further signals from the Federal Reserve regarding its interest rate policy.

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

Rediff.com30 Jul 2026

The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com5 days ago

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

Kuldeep Should Be Playing Regularly: Harbhajan

Kuldeep Should Be Playing Regularly: Harbhajan

Rediff.com2 days ago

'If I was with the team, I would pick bowlers who I feel can pick wickets and win matches for me with the ball.'

SA20: Ganguly changed everything, says Keshav Maharaj

SA20: Ganguly changed everything, says Keshav Maharaj

Rediff.com3 Aug 2026

Pretoria Capitals captain Keshav Maharaj credits head coach Sourav Ganguly for fostering a positive team culture that led to their strong performance in SA20 Season 4. Despite falling short in the final, Maharaj is optimistic about the upcoming Season 5, where they will face defending champions Sunrisers Eastern Cape, emphasizing a forward-looking approach and the importance of starting strong. He also lauded the Centurion crowd for their exceptional support.

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

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

Rediff.com13 May 2026

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.

Bowling Struggles, Fitness Woes: Why India Flopped In England ODIs

Bowling Struggles, Fitness Woes: Why India Flopped In England ODIs

Rediff.com21 Jul 2026

A look at what went wrong for India in the England ODI series.

Digital Marketplace To Empower Jharkhand's Rural Women

Digital Marketplace To Empower Jharkhand's Rural Women

Rediff.com31 Jul 2026

Jharkhand has partnered with CSC eStore to create a digital marketplace for products made by women's self-help groups (SHGs). This initiative aims to expand market access, boost income for rural women, and strengthen the rural economy through e-commerce and digital governance. The state also plans to extend Aadhaar services to all panchayats by November 15.

Will Sheikh Hasina Be Killed If She Returns To Dhaka?

Will Sheikh Hasina Be Killed If She Returns To Dhaka?

Rediff.com4 days ago

'They probably imagine any hue and cry in the event Sheikh Hasina is hanged will be shortlived as it happened when Bhutto was hanged in Pakistan in 1979.'

Swiggy's Q1 Net Loss Shrinks 34% Amidst Strong Revenue Growth

Swiggy's Q1 Net Loss Shrinks 34% Amidst Strong Revenue Growth

Rediff.com31 Jul 2026

Food and grocery delivery giant Swiggy has reported a significant narrowing of its net loss in the first quarter, down 34 per cent year-on-year to approximately 791 crore, while revenue from operations surged by 37 per cent to 6,812 crore. The company also achieved contribution margin break-even in its quick commerce segment, Instamart.

R Ashwin Wants Bhuvneshwar Kumar in India's 2027 ODI World Cup Squad

R Ashwin Wants Bhuvneshwar Kumar in India's 2027 ODI World Cup Squad

Rediff.com31 Jul 2026

Ashwin wants Bhuvneshwar Kumar in India's 2027 World Cup squad, saying the veteran seamer's swing bowling could be crucial in South African conditions.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

Here's why Kohli's RCB is IPL's most valuable team

Here's why Kohli's RCB is IPL's most valuable team

Rediff.com29 Jul 2026

The business value of the Indian Premier League (IPL) has surged by over 11% to $20.6 billion this year, according to U.S.-based investment bank Houlihan Lokey. This growth is driven by its robust commercial model, attracting significant investor interest, as evidenced by recent franchise ownership changes and a diversified commercial ecosystem.

Fitch projects 9% revenue growth for Indian corporates in FY27, maintaining stable credit metrics

Fitch projects 9% revenue growth for Indian corporates in FY27, maintaining stable credit metrics

Rediff.com29 Jul 2026

Fitch Ratings forecasts a 9 per cent aggregate revenue increase for rated Indian corporates in the current fiscal year (FY27), a stronger outlook compared to the 5 per cent estimated for FY26, which is expected to keep credit metrics stable despite potential global and domestic challenges.

Trump's New Tariffs Face Legal Heat

Trump's New Tariffs Face Legal Heat

Rediff.com31 Jul 2026

'Tariff action relating to the excess-capacity investigation will be even more susceptible to judicial overturn.'

Stock Markets Today: Sensex, Nifty Up on Easing West Asia Tensions, Drop in Crude Oil Prices

Stock Markets Today: Sensex, Nifty Up on Easing West Asia Tensions, Drop in Crude Oil Prices

Rediff.com27 Jul 2026

Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions in the West Asia, which improved market sentiment and reduced inflation fears. Track Sensex, Nifty on July 27.

India-China border trade via Lipulekh to start from Aug 1

India-China border trade via Lipulekh to start from Aug 1

Rediff.com29 Jul 2026

India-China border trade via Uttarakhand's Lipulekh Pass is set to resume on August 1 after a gap of more than six years, with the neighbouring country granting permission to 20 Indian traders to visit Purang (Taklakot), according to officials.

Relief likely for India from US tariffs over forced labour

Relief likely for India from US tariffs over forced labour

Rediff.com16 Jul 2026

India anticipates a reduction in the United States' proposed tariffs on Indian goods under the Section 301 investigation, following New Delhi's recent notification to restrict the import of products made with forced labour.

FCNR (B) Inflows May Surpass 2013 Levels in 45 Days, SBI Research Raises Estimates

FCNR (B) Inflows May Surpass 2013 Levels in 45 Days, SBI Research Raises Estimates

Rediff.com28 Jul 2026

Foreign Currency Non-Resident (Bank), or FCNR (B), deposits mobilised under the Reserve Bank of India's (RBI's) concessional swap facility may have already surpassed the amount raised during the 2013 scheme in just about 45 days, prompting SBI Research to sharply raise its estimate for inflows under the facility to $65-70 billion.

Skyroot's Success Changes India's Space Future

Skyroot's Success Changes India's Space Future

Rediff.com20 Jul 2026

'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'

'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.'

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

Hideki Makihara Sparks Bullet Train Row

Hideki Makihara Sparks Bullet Train Row

Rediff.com18 Jul 2026

In a social media post, former Japanese minister Hideki Makihara blamed the Indian side's approach to the project as being one of 'sheer chaos', of not keeping promises, and of continuously 'pushing their own self-interest'.

What's Holding Up India-US Trade Deal?

What's Holding Up India-US Trade Deal?

Rediff.com14 Jul 2026

India is waiting for assurance from the US on comparative advantage over other economies under the deal.