Search results for 'us economy'

Major blow! Shreyanka Patil out of T20 World Cup

Major blow! Shreyanka Patil out of T20 World Cup

Rediff.com19 Jun 2026

Off-spinner Shreyanka Patil has been ruled out of the Women's T20 World Cup due to an ankle injury sustained during a match against the Netherlands. Uncapped leg-spinner Prema Rawat has been named as her replacement, marking a significant setback for the Indian team and a maiden call-up for Rawat.

Modi meets Trump in France, discusses seafarers' safety, Iran deal

Modi meets Trump in France, discusses seafarers' safety, Iran deal

Rediff.com18 Jun 2026

Prime Minister Narendra Modi urged US President Donald Trump to prioritise the safety of Indian seafarers in the Strait of Hormuz during the implementation of Washington's proposed Iran peace deal, as both leaders focused on repairing strained bilateral relations at the G7 summit.

US-Iran Talks, Crude Oil, Macro Data to Dictate Bullion Trend

US-Iran Talks, Crude Oil, Macro Data to Dictate Bullion Trend

Rediff.com21 Jun 2026

Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.

Pakistan boosts defence spending by 17.6% in new Budget

Pakistan boosts defence spending by 17.6% in new Budget

Rediff.com13 Jun 2026

Pakistan has increased its defence budget by 17.6 per cent to PKRs 3,000 billion for the upcoming fiscal year, as announced by Finance Minister Muhammad Aurangzeb. The federal budget, estimated at PKRs 18,771 billion, targets 4 per cent GDP growth, with significant allocations for debt service and pensions. Prime Minister Shehbaz Sharif highlighted economic stability and ongoing discussions with the IMF, while the opposition protested Imran Khan's incarceration during the budget session.

Heatwave? Just Ride Around In A Hut

Heatwave? Just Ride Around In A Hut

Rediff.com16 Jun 2026

Aligarh resident Habib Saifi has built a small hut-like structure on his bike to protect himself from direct sunlight during this intense summer.

India aims to operationalise 9 FTAs in 10 months, eyes more pacts: Piyush Goyal

India aims to operationalise 9 FTAs in 10 months, eyes more pacts: Piyush Goyal

Rediff.com5 Jun 2026

Commerce and Industry Minister Piyush Goyal announced that India expects to operationalise nine free trade agreements (FTAs) within the next 10 months, with plans for an additional three to four significant pacts over the coming year, reinforcing India's ambition to become a global manufacturing and investment hub.

India's Grand Plan To Bring Formula One Back

India's Grand Plan To Bring Formula One Back

Rediff.com20 Jun 2026

The Indian Sports Ministry, led by Minister Manuskh Mandaviya, is establishing a dedicated Task Force to explore the revival of Formula One racing in India. This initiative follows a meeting with key stakeholders, aiming to assess the challenges and benefits of hosting major motorsport events, with a target of bringing F1 back by 2028. The Task Force will recommend a comprehensive policy framework to support motorsports growth, leveraging India's significant F1 fanbase.

US proposes additional duties on India, 53 other nations over forced labour imports

US proposes additional duties on India, 53 other nations over forced labour imports

Rediff.com3 Jun 2026

The US Trade Representative has proposed an additional 12.5 per cent duty on goods from 54 countries, including India, citing their failure to prohibit the import of goods produced with forced labour. India has denied the allegations and called for the matter to be resolved through bilateral trade negotiations.

Trump by his side, Modi raises Indian sailors' deaths at G7

Trump by his side, Modi raises Indian sailors' deaths at G7

Rediff.com17 Jun 2026

Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.

Modi calls on states to leverage AI, tackle cyber fraud and prepare for El Nino impact

Modi calls on states to leverage AI, tackle cyber fraud and prepare for El Nino impact

Rediff.com11 Jun 2026

Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.

Keir Starmer resigns as British PM, Andy Burnham likely successor

Keir Starmer resigns as British PM, Andy Burnham likely successor

Rediff.com22 Jun 2026

British Prime Minister and Labour Party leader Keir Starmer has announced his resignation, stating he will remain in post until a successor is elected by mid-July. The decision follows questions from his parliamentary party regarding his leadership for the next general election, with Andy Burnham widely tipped as a potential successor.

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

Rediff.com5 Jun 2026

India's economy registered a robust 7.7 per cent growth in the fiscal year 2025-26, an increase from 7.1 per cent in the previous year, with the January-March quarter alone seeing a 7.8 per cent expansion.

Why Rupee's Pain Is Self-Inflicted

Why Rupee's Pain Is Self-Inflicted

Rediff.com9 Jun 2026

Why would a country that requires close to $90 billion in net foreign capital annually to create jobs, build productive capacity, and sustain rapid growth permit $30 billion of capital to flow abroad, thereby contributing to pressure on the rupee? asks Debashis Basu.

'Market Has Become Excessively Bearish On India'

'Market Has Become Excessively Bearish On India'

Rediff.com11 Jun 2026

'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'

India-UK trade pact: 85% of India's exports out of British steel measures

India-UK trade pact: 85% of India's exports out of British steel measures

Rediff.com17 Jun 2026

India has successfully negotiated the protection of its steel export interests under the free trade agreement with the UK, ensuring 85 per cent of its outbound shipments remain outside Britain's steel safeguard measures. This consensus addresses a key sticking point ahead of the comprehensive economic and trade agreement (CETA) coming into force on July 15.

Time To Choose Growth Over Rupee Fear

Time To Choose Growth Over Rupee Fear

Rediff.com11 Jun 2026

The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.

World Bank ups India's FY27 growth to 6.6% amid global slowdown

World Bank ups India's FY27 growth to 6.6% amid global slowdown

Rediff.com12 Jun 2026

The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

Rediff.com19 Jun 2026

Tamil Nadu's new government, led by C Joseph Vijay, is committed to advancing the ~38,000 crore shipbuilding project with HD Hyundai in Thoothukudi, securing bipartisan support from the Opposition DMK, despite initial industry concerns about policy continuity after the change in leadership.

India can return to over 7% growth path in FY28: CEA

India can return to over 7% growth path in FY28: CEA

Rediff.com6 Jun 2026

Chief Economic Advisor V Anantha Nageswaran stated that India's economy is projected to return to a 7 per cent-plus growth trajectory by 2027-28 (FY28), or sooner if external conditions improve, despite near-term challenges from the West Asia crisis.

RIL to build Meta's first AI data centre in India

RIL to build Meta's first AI data centre in India

Rediff.com11 Jun 2026

Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.

Lost many nationals in attacks on ships in Gulf, India tells UN

Lost many nationals in attacks on ships in Gulf, India tells UN

Rediff.com11 Jun 2026

India has expressed firm opposition to attacks on merchant shipping amidst the ongoing Iran conflict, revealing that several Indian nationals have died or are missing due to these incidents. The nation also called for restraint, de-escalation, and prioritising civilian safety in the region.

AI Learning Breaks Engineering Barriers

AI Learning Breaks Engineering Barriers

Rediff.com19 Jun 2026

AI is no longer a tool only for software engineers and technology teams.

Ravi Bishnoi Determined to End Stop-Start India Career, Targets 2028 T20 World Cup Spot

Ravi Bishnoi Determined to End Stop-Start India Career, Targets 2028 T20 World Cup Spot

Rediff.com20 Jun 2026

Ravi Bishnoi opens up on missing three T20 World Cups, his desire to become a permanent fixture in India's T20 side, and his goal of securing a place in the 2028 World Cup squad.

Wholesale Price Inflation Hits 9.68% in May, Driven by Fuel, Food Costs

Wholesale Price Inflation Hits 9.68% in May, Driven by Fuel, Food Costs

Rediff.com15 Jun 2026

India's wholesale price index (WPI) inflation surged to 9.68 per cent in May, up from 8.26 per cent in April, primarily due to significant increases in the prices of fuel and power, manufactured goods, and food items.

Air India introduces basic fare category without complimentary meals

Air India introduces basic fare category without complimentary meals

Rediff.com17 Jun 2026

Loss-making Air India has introduced a new 'Basic Fare' category for select domestic flights, which does not include complimentary meals, as part of its efforts to trim expenses amid rising operational costs.

'China, India should stick to being strategic partners, not rivals'

'China, India should stick to being strategic partners, not rivals'

Rediff.com8 Jun 2026

A Chinese official stated that India and China should view each other as cooperative partners and opportunities for development, not rivals or threats. This statement came in response to Russian President Vladimir Putin's comments on the independent and strong ties Russia maintains with both nations, emphasising non-interference in India-China relations.

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.

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.

Trump says Iran 'agrees to never have nukes', denies $300mn fund claim

Trump says Iran 'agrees to never have nukes', denies $300mn fund claim

Rediff.com16 Jun 2026

Earlier, Israeli Prime Minister Benjamin Netanyahu also declared that Iran would never be allowed to acquire nuclear weapons, regardless of any agreement.

Modi-Trump G7 meeting to focus on trade deal, strategic ties

Modi-Trump G7 meeting to focus on trade deal, strategic ties

Rediff.com17 Jun 2026

Prime Minister Narendra Modi and US President Donald Trump are set to hold comprehensive talks focusing on a bilateral trade deal, defence cooperation, and energy and critical minerals sectors during the G7 summit in Evian-les-Bains, France.

Is All Well With US-Iran MoU?

Is All Well With US-Iran MoU?

Rediff.com20 Jun 2026

Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.

Modi, Trump share warm meeting at G7 amid strained ties

Modi, Trump share warm meeting at G7 amid strained ties

Rediff.com16 Jun 2026

Prime Minister Narendra Modi and US President Donald Trump exchanged pleasantries and held a brief conversation at the G7 summit, their first in-person encounter in 16 months, setting the stage for high-stakes bilateral talks amidst continuing strain in India-US relations.

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

Rediff.com17 Jun 2026

Prime Minister Narendra Modi announced that the India-UK Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15, 2026, anticipating a significant boost to bilateral trade and investment.

Someone Else Owns India's Off Switch

Someone Else Owns India's Off Switch

Rediff.com17 Jun 2026

A sovereign cloud, our own DNS root and Root CA, a defence-led research base that builds for keeps, and a real national cybersecurity strategy that outlives electoral cycles are not vanity projects. They are the difference between a nation that can be switched off and one that cannot, points out Venkata Satish Guttula.

Rs 15k SIP: 'Invest in Flexi-Cap or Mid-Cap MFs?'

Rs 15k SIP: 'Invest in Flexi-Cap or Mid-Cap MFs?'

Rediff.com16 Jun 2026

rediffGURU Ulhas Joshi answers your mutual fund queries.

Sovereignty paramount in drug cases, rules SC; cancels accused's bail

Sovereignty paramount in drug cases, rules SC; cancels accused's bail

Rediff.com2 Jun 2026

The Supreme Court has ruled that national sovereignty takes precedence over personal liberty, particularly in cases involving drug trafficking and psychotropic substances. The ruling came as the court overturned a High Court order granting bail to an accused drug trafficker.

Kashmir airport to shut for runway repairs, tourism sector fears hit

Kashmir airport to shut for runway repairs, tourism sector fears hit

Rediff.com2 Jun 2026

Srinagar International Airport will suspend all flight operations for 15 days from October 1 for crucial runway maintenance, raising alarm bells within the tourism industry that fears the shutdown will deal a massive blow to the sector as it directly clashes with the peak Durga Puja holiday season.

Maruti Suzuki launches India's first flex-fuel Wagon R, boosting ethanol adoption

Maruti Suzuki launches India's first flex-fuel Wagon R, boosting ethanol adoption

Rediff.com4 Jun 2026

Maruti Suzuki India Ltd has launched the Wagon R, India's first flex-fuel car, capable of running on any blend of ethanol and petrol from E20 to E100, aligning with national energy security and sustainability goals.

Pakistan Rejects India's PoK Allegations, Issues Water Warning

Pakistan Rejects India's PoK Allegations, Issues Water Warning

Rediff.com11 Jun 2026

Pakistan has criticised India's recent remarks on Pakistan-occupied Kashmir (PoK) protests, asserting it is addressing issues democratically. Pakistan also warned India against blocking water, calling it an "act of war," and commented on India's nuclear capabilities and its own military strikes in Afghanistan.

'Europe sells weapons, which are used to attack India': Jaishankar slams Western 'hypocrisy'

'Europe sells weapons, which are used to attack India': Jaishankar slams Western 'hypocrisy'

Rediff.com12 Jun 2026

External Affairs Minister S Jaishankar has strongly defended India's decision to purchase Russian crude oil, stating that the country's energy choices are based on cost and availability, and highlighting the West's 'hypocrisy' in criticising India while historically supplying weapons used against it.