News for 'Digital Economy to Contribute'

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.

'India Reasserting Control Over Digital Economy'

'India Reasserting Control Over Digital Economy'

Rediff.com13 Nov 2025

'What we are seeing today is India stepping into its digital confidence, not as a follower but a leader.'

How India's Digital Infrastructure Can Boost GDP By 2030

How India's Digital Infrastructure Can Boost GDP By 2030

Rediff.com27 Apr 2026

A NITI Aayog report indicates that India's digital public infrastructure (DPI) initiatives are projected to contribute significantly to the nation's GDP, potentially reaching 4 per cent by 2030.

How India's Digital Infrastructure Can Boost GDP By 2030

How India's Digital Infrastructure Can Boost GDP By 2030

Rediff.com27 Apr 2026

A NITI Aayog report indicates that India's digital public infrastructure (DPI) initiatives could contribute 4 per cent of the GDP by 2030, a significant increase from the current 1 per cent.

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.

How PhonePe Achieved 700 Million Registered Users

How PhonePe Achieved 700 Million Registered Users

Rediff.com30 Apr 2026

PhonePe has announced it has surpassed 700 million registered users on its platform. This milestone underscores PhonePe's extensive reach in India and its diverse digital offerings in payments and financial services. The company's growth is attributed to increasing consumer trust, a strong distribution network, and a focus on user-friendly digital payment experiences.

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.

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Rediff.com5 May 2026

Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.

Public Cloud Service Drives Oracle India's Double-Digit Run

Public Cloud Service Drives Oracle India's Double-Digit Run

Rediff.com18 Feb 2026

'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Rediff.com20 May 2026

Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

Bhutan's Huge Crypto Gamble, India And China Watching

Bhutan's Huge Crypto Gamble, India And China Watching

Rediff.com16 Apr 2026

Is Bhutan merely experimenting with digital finance -- or is the Himalayan kingdom punching far above its weight, quietly playing one of the most sophisticated strategic games in Asia today? asks Varun Arya.

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.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com3 days ago

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

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

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

Rediff.com12 May 2026

'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.'

India flags energy, maritime threats at BRICS amid West Asia crisis

India flags energy, maritime threats at BRICS amid West Asia crisis

Rediff.com15 May 2026

India has expressed serious concerns about the West Asia crisis and its potential impact on energy supplies and maritime stability, urging BRICS nations to find practical solutions to geopolitical challenges and unilateral sanctions.

Governor Ravi Urges Collective Effort to Restore West Bengal's Glory

Governor Ravi Urges Collective Effort to Restore West Bengal's Glory

Rediff.com15 Apr 2026

West Bengal Governor RN Ravi has called for collective efforts to restore the state's past glory, highlighting concerns over economic and educational indicators. His remarks coincided with Chief Minister Mamata Banerjee criticising him for allegedly 'abusing' her instead of extending New Year greetings.

Left parties face existential crisis after Kerala drubbing

Left parties face existential crisis after Kerala drubbing

Rediff.com5 May 2026

The Left Democratic Front's defeat in Kerala marks a historic moment as Left parties are without power in any state for the first time in decades, highlighting their diminishing political influence across India.

Iranian supertanker bypasses US Navy blockade

Iranian supertanker bypasses US Navy blockade

Rediff.com3 May 2026

An Iranian tanker successfully bypassed the US Navy to deliver crude oil to the Asia-Pacific region, despite ongoing tensions and a US blockade.

Vaibhav Sooryavanshi Races To Be MVP

Vaibhav Sooryavanshi Races To Be MVP

Rediff.com20 Apr 2026

Purnendu Maji and Srinivas Bhogle present Rediff's Most Valuable Player Index of IPL 2026 after Game 29.

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.

SRH Look to Extend Home Momentum Against Inconsistent DC

SRH Look to Extend Home Momentum Against Inconsistent DC

Rediff.com20 Apr 2026

Sunrisers Hyderabad will look to capitalise on their home advantage when they face Delhi Capitals in a crucial mid-table Indian Premier League clash. Both teams are level on points, making this a key match for their IPL campaign.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

Rediff.com27 Feb 2026

India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Rediff.com9 Feb 2026

Led by the country's biggest lender State Bank of India (SBI), public sector banks logged a record cumulative profit of Rs 52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.

Budget 2026 backs jobs, tech and capital markets

Budget 2026 backs jobs, tech and capital markets

Rediff.com4 Feb 2026

The Budget emerges as a measured, credible and forward-looking policy document that reinforces India's commitment to remaining a stable, reform-oriented economy amid an increasingly fragmented global landscape, says A Balasubramanian.

Spirit Of Giving: Households Earning Rs 5,000 A Month Give To Charity

Spirit Of Giving: Households Earning Rs 5,000 A Month Give To Charity

Rediff.com11 Mar 2026

Of the donations, 48% is in kind -- such as food, clothing, or other household goods -- followed by cash (44%) and volunteering (30%) with non-profits, religious institutions, or community groups.

India a messenger of peace: President Murmu in R-Day eve address

India a messenger of peace: President Murmu in R-Day eve address

Rediff.com25 Jan 2026

President Droupadi Murmu addressed the nation on the eve of Republic Day, emphasising India's role in promoting peace, the empowerment of women, and the country's economic growth.

'Digital arrest' most dreaded threat to citizens: President Murmu

'Digital arrest' most dreaded threat to citizens: President Murmu

Rediff.com27 Oct 2025

President Droupadi Murmu addressed Indian Police Service probationers, highlighting the growing threat of 'digital arrest' scams and emphasizing the importance of ethical policing and public service.

Trump Won't Decide What Happens Next In The War

Trump Won't Decide What Happens Next In The War

Rediff.com2 Apr 2026

'The next two to three weeks will not be decided in Washington.' 'They will be decided in Tehran, in whatever calculation Iran makes about the costs of continued resistance against the costs of appearing to have yielded.'

T20 World Cup, India vs England Semi-final: Bumrah should bowl 2 overs in Powerplay: Gavaskar

T20 World Cup, India vs England Semi-final: Bumrah should bowl 2 overs in Powerplay: Gavaskar

Rediff.com3 Mar 2026

The tussle between Harry Brook and Jasprit Bumrah will shape the outcome of India's T20 World Cup semi-final clash against England, batting legend Sunil Gavaskar has predicted.

T20 World Cup, India Vs England Semi-final: Abhishek Faces Axe; Kuldeep Could Be Back!

T20 World Cup, India Vs England Semi-final: Abhishek Faces Axe; Kuldeep Could Be Back!

Rediff.com4 Mar 2026

India are looking to create history, as they aim to become the first team to successfully defend the T20 World Cup, while England will be aiming to reclaim the title they last won four years ago.

New Labour Codes Will Hit MSMEs Harder, Say HR Firms

New Labour Codes Will Hit MSMEs Harder, Say HR Firms

Rediff.com21 Jan 2026

For MSMEs the transition could mean higher wage bills and tougher compliance -- unless strong handholding follows reports Auhona Mukherjee.

Conscious Unbossing: GenZ's New Workplace Trend

Conscious Unbossing: GenZ's New Workplace Trend

Rediff.com5 Feb 2026

Contrary to popular misconception, Gen Z's work ethic isn't about avoiding responsibility. It's about choosing impact over hierarchy, explains Kartik Narayan, CEO of jobs marketplace, Apna.

Budget 2026: The Industry Wishlist...

Budget 2026: The Industry Wishlist...

Rediff.com29 Jan 2026

Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.

India's gig economy may add 90 mn jobs, contribute 1.25% to GDP

India's gig economy may add 90 mn jobs, contribute 1.25% to GDP

Rediff.com29 Nov 2024

The gig economy market is expected to grow at a compound annual growth rate (CAGR) of 17 per cent to reach a gross volume of $455 billion by the end of 2024, according to a white paper by The Forum for Progressive Gig Workers. Estimates suggest the gig economy has the potential to create 90 million jobs and add 1.25 per cent to India's GDP (gross domestic product) over time.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

India Inc's profits relative to capital employed at 14-yr high

India Inc's profits relative to capital employed at 14-yr high

Rediff.com22 Dec 2025

Companies are squeezing more profits from their operations relative to the capital they put to work, the highest now since 2011. Profit after tax relative to capital employed came in at 10.47 per cent in September, shows data from the Centre for Monitoring Indian Economy (CMIE), higher than the 8.41 per cent seen in September last year. This is the highest since March 2010.

Worst may be over for Asian Paints, but prospects still far from bright

Worst may be over for Asian Paints, but prospects still far from bright

Rediff.com21 Nov 2025

Asian Paints reported a good performance for the second quarter (July-September) of 2025-26 (Q2FY26), with some help from base effects, despite strong competition and extended monsoon. Volume grew in low double digits in the key domestic decorative paints, and value in that segment grew by 6 per cent. Ebitda (earnings before interest, taxes, depreciation, and amortisation) grew 21 per cent year-on-year (Y-o-Y), and PAT (profit after tax) grew 14 per cent. Asian Paints also defended market share better after several quarters where it had lost ground to Birla Opus.

'On Track For GDP Growth Exceeding 6.8%'

'On Track For GDP Growth Exceeding 6.8%'

Rediff.com3 Nov 2025

'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'