News for 'Bedrock of Economy'

How India Can Counter Trump's Tariff Threat

How India Can Counter Trump's Tariff Threat

Rediff.com7 days ago

Navigating this geopolitical minefield requires a cold-blooded blend of immediate tactical pleading, structural domestic diversification, and aggressive collective resistance, suggests Ambassador Rajasekhar.

'Students India's future': Prez Murmu promises fair exams in I-Day eve address

'Students India's future': Prez Murmu promises fair exams in I-Day eve address

Rediff.com14 Aug 2026

Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.

Amazon Boosts India Investment To USD 48 Billion, Focus On AI And Cloud

Amazon Boosts India Investment To USD 48 Billion, Focus On AI And Cloud

Rediff.com25 Jun 2026

Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.

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

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

Rediff.com12 May 2026

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.

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

Trump to visit China this week amid global tension

Trump to visit China this week amid global tension

Rediff.com11 May 2026

US President Donald Trump will visit China from May 13 to 15 at the invitation of President Xi Jinping. The visit occurs amidst global tensions, including the war in West Asia and trade disputes between the US and China. Discussions are expected to cover China-US relations, world peace, and economic issues.

Pichai: AI Ushers in Era of Hyper Progress

Pichai: AI Ushers in Era of Hyper Progress

Rediff.com19 Feb 2026

Google CEO Sundar Pichai highlighted the transformative potential of AI at the India AI Impact Summit, emphasizing its role in scientific discovery, economic development, and workforce evolution.

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com21 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.

Kerala Offers Congress Golden Chance; Will It Deliver?

Kerala Offers Congress Golden Chance; Will It Deliver?

Rediff.com8 May 2026

Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.

Karnataka Enhances Quantum Computing Capabilities with QpiAI System at IIIT Dharwad

Karnataka Enhances Quantum Computing Capabilities with QpiAI System at IIIT Dharwad

Rediff.com11 Mar 2026

The Karnataka government has announced the installation of a 25-qubit quantum computing system at the Indian Institute of Information Technology (IIIT), Dharwad and IIIT-Raichur, enhancing the state's quantum computing ecosystem.

Real Estate could be Bedrock of Economy

Real Estate could be Bedrock of Economy

Rediff.com17 Jun 2021

If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, observes T N Ninan.

Kerala Elections 2026: Can An 80-Year-Old Marxist Score A Hat-Trick?

Kerala Elections 2026: Can An 80-Year-Old Marxist Score A Hat-Trick?

Rediff.com7 Apr 2026

Kerala's 2026 assembly election will see a three-cornered contest where religion and communalism have emerged as central themes for the first time, challenging the state's long-celebrated secular fabric.

Trump Is Caught Between Two Bad Options

Trump Is Caught Between Two Bad Options

Rediff.com16 Mar 2026

Fight on toward goals that keep receding, or exit with most objectives unmet. Trump is agitated, his poll numbers falling below the Plimsoll line, his base fractured between those who back the war and those who remember that he campaigned on ending them.

Will Budget 2026 Fix The Customs-FTA Disconnect?

Will Budget 2026 Fix The Customs-FTA Disconnect?

Rediff.com31 Jan 2026

Customs regimes can lead to labyrinthine legal disputes. Budget 2026 must recognise that an excessively defensive Customs posture can itself become a trade barrier, point out Mukesh Butani and Shankey Agrawal.

'Job Losses Will Come First, Job Creation Will Come Later'

'Job Losses Will Come First, Job Creation Will Come Later'

Rediff.com3 Dec 2025

'When AI comes in, coders in Bangalore or Hyderabad will lose their jobs.'

From 1905 cry to Modi's 'Vocal for Local': NCERT's new Swadeshi lessons

From 1905 cry to Modi's 'Vocal for Local': NCERT's new Swadeshi lessons

Rediff.com3 Oct 2025

Two modules published by the NCERT, Swadeshi: Vocal for Local (for middle stage) and Swadeshi: For a Self-Reliant India (for secondary stage), carry excerpts from the prime minister's Independence Day address in which he stressed that self-reliance would drive India's journey towards a Viksit Bharat.

Amazon Gives India $12.7B AI Boost

Amazon Gives India $12.7B AI Boost

Rediff.com11 Aug 2025

'The Indian developer community is one of the most vibrant communities.' 'Indian builders are incredibly passionate, curious, and excited to embrace new technologies.'

Need to shift from fortnightly to real-time credit reporting: RBI DG

Need to shift from fortnightly to real-time credit reporting: RBI DG

Rediff.com3 Jul 2025

There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.

'Daam Kam, Dum Zyada': Top quotes from Modi's I-Day speech

'Daam Kam, Dum Zyada': Top quotes from Modi's I-Day speech

Rediff.com15 Aug 2025

Prime Minister Narendra Modi addressed the nation on Independence Day, focusing on economic growth, self-reliance, and national security. He emphasized manufacturing quality products at affordable prices, supporting farmers, and combating terrorism and infiltration.

Is The Economy Growing Or Slowing?

Is The Economy Growing Or Slowing?

Rediff.com18 Sep 2023

A careful reading of the national income accounts suggests that after a strong recovery from the pandemic, there has been a significant ebbing of dynamism over the last three quarters to more modest levels recently, note Arvind Subramanian and Josh Felman.

Netanyahu's War On Iran Has No Future

Netanyahu's War On Iran Has No Future

Rediff.com16 Jun 2025

An inconclusive end to this war will pose high risk for Netanyahu of a cascading demand for a regime change in Israel, predicts Ambassador M K Bhadrakumar.

How India Can Defend Economy From Global Spillovers

How India Can Defend Economy From Global Spillovers

Rediff.com10 Nov 2023

While India won't be immune to global spillovers, we need to create the macro preconditions for sustained growth. Policy agility, prudence, and resilience will be key, suggests Sonal Varma.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

'Living Standards For Indians Will Rise Steeply'

'Living Standards For Indians Will Rise Steeply'

Rediff.com5 Oct 2024

'It took us 75 years to reach a per capita income of $2,730.' 'According to IMF projections, it will take only five years to add another $2,000.'

For Modi, politics trumps the economy

For Modi, politics trumps the economy

Rediff.com26 Dec 2019

Perhaps the calculation is that economic recovery will have been achieved before the next general election comes around, but such assumptions can come unstuck if current directions are not reversed quickly, cautions T N Ninan.

'AKD Will Balance India and China'

'AKD Will Balance India and China'

Rediff.com23 Sep 2024

'We have to keep a watch because India-Sri Lanka has a history that whenever there has been a change in government, either the connectivity projects have been questioned or cancelled or revived.'

Why RBI Was Worried About Consumer Credit Growth

Why RBI Was Worried About Consumer Credit Growth

Rediff.com13 Mar 2024

The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing.

Breaking Up Business Groups Would Create More Problems

Breaking Up Business Groups Would Create More Problems

Rediff.com8 Jun 2023

Policies to break down the business group format are far more likely to be effective, argues Simon Commander.

California senate panel passes bill to end caste bias

California senate panel passes bill to end caste bias

Rediff.com26 Apr 2023

Major Indian businesses and temples issued a joint statement opposing the proposed California Caste Bill SB 403.

Choice between democracy and autocracy, Pelosi tells Taiwan Prez

Choice between democracy and autocracy, Pelosi tells Taiwan Prez

Rediff.com3 Aug 2022

Pelosi said that she is in Taiwan to listen and learn from Taiwanese people as to how can they come together.

Wisconsin State Assembly Speaker supports farmers' protests in India

Wisconsin State Assembly Speaker supports farmers' protests in India

Rediff.com6 Jan 2021

Voicing his support for the farmers' protest in India, the Speaker of Wisconsin State Assembly has urged the Indian government to reconsider its decision on the three farm laws and listen to the concerns of the affected farmers.

India's big mobile broadband revolution

India's big mobile broadband revolution

Rediff.com5 Aug 2014

A great smartphone experience is driven by network performance and the app experience.

R-Day eve address: Prez stresses on observance of Fundamental Duties

R-Day eve address: Prez stresses on observance of Fundamental Duties

Rediff.com25 Jan 2022

In his address to the nation on the eve of 73rd Republic Day, President Kovind noted that democracy, justice, liberty, equality and fraternity form the bedrock of India and stressed that the observance of Fundamental Duties mentioned in the Constitution creates the proper environment for the enjoyment of Fundamental Rights.

4.5% GDP growth unacceptable, worrisome: Manmohan

4.5% GDP growth unacceptable, worrisome: Manmohan

Rediff.com30 Nov 2019

He said the 'toxic combination of deep distrust, pervasive fear and a sense of hopelessness in our society' is stifling economic activity and growth.

Time to BREAK IAS Stranglehold

Time to BREAK IAS Stranglehold

Rediff.com18 Nov 2021

The government must send out a clear signal that leadership positions at regulatory bodies are not a preserve of retired government officials, argues A K Bhattacharya.

Why MPC members are a worried lot today

Why MPC members are a worried lot today

Rediff.com21 Oct 2019

'Overall, domestic demand has moderated significantly. 'The weakening of private consumption, which for long has been the bedrock of aggregate demand, in particular, is a matter of concern,' RBI Governor Shaktikanta Das said in the MPC meetings, in October.

Full Text: President Murmu's address to nation on Independence Day eve

Full Text: President Murmu's address to nation on Independence Day eve

Rediff.com14 Aug 2022

Here's the full text of the maiden address to the nation by President Droupadi Murmu on the eve of Independence Day 2022.

Delhi Capitals must overcome batting woes against LSG

Delhi Capitals must overcome batting woes against LSG

Rediff.com30 Apr 2022

Delhi Capitals will expect more from their batters after an underwhelming display in their previous outing, while Lucknow Super Giants are eager to shrug off overdependence on skipper KL Rahul when the teams clash in the IPL match in Mumbai on Sunday.

Lumbini as backdrop for Modi-Deuba meet, India-Nepal sign 6 MoUs

Lumbini as backdrop for Modi-Deuba meet, India-Nepal sign 6 MoUs

Rediff.com16 May 2022

Modi and Deuba discussed ways to strengthen ongoing cooperation and develop new areas in the multifaceted bilateral partnership.

Sunil Mittal on how the govt can save India's telecom sector

Sunil Mittal on how the govt can save India's telecom sector

Rediff.com28 Jul 2020

The government must also look at rationalising the levies on the sector and close long standing legal disputes that are a big drag on performance of operators, he said.