News for 'Economic Times'

India's BoP pressure to remain a challenge, says Chief Economic Advisor

India's BoP pressure to remain a challenge, says Chief Economic Advisor

Rediff.com25 Sep 2026

India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.

India-US ties can shape 21st century, says Rubio

India-US ties can shape 21st century, says Rubio

Rediff.com4 days ago

US Secretary of State Marco Rubio has characterised the strategic alignment between India and the United States as "extraordinary", emphasising that both nations have an opportunity to shape the course of the 21st century through partnership.

Trump announces 'Economic D-Day' against Iran, warns countries helping Tehran

Trump announces 'Economic D-Day' against Iran, warns countries helping Tehran

Rediff.com20 Aug 2026

US President Donald Trump has declared an 'economic D-Day' against Iran, unveiling what he terms the 'most crushing economic operation ever taken' and warning global entities against providing any support to Tehran.

At UNGA, Sharif thanks Trump for 'timely intervention' in 2025 conflict with India

At UNGA, Sharif thanks Trump for 'timely intervention' in 2025 conflict with India

Rediff.com26 Sep 2026

Pakistan's Prime Minister Shehbaz Sharif used his UN General Assembly address to thank former US President Donald Trump for his "timely intervention" in the 2025 conflict with India, a claim India consistently denies. Sharif also raised the Kashmir issue and discussed the Indus Waters Treaty, while touting Pakistan's role in mediating US-Iran peace.

How Cloud And AI Can Propel India's Economic Growth

How Cloud And AI Can Propel India's Economic Growth

Rediff.com7 Sep 2026

Arundhati Bhattacharyya, Salesforce President and CEO for South Asia, highlighted how cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in the technology revolution. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs by addressing unmet business demands and could significantly boost India's GDP, with NITI Aayog estimating a USD 500-600 billion addition by 2035. She urged Indian businesses to transform using technology, focus on data, redesign work, and invest in skills, stressing that AI is not just for large corporations.

How Much Did Hrithik Roshan Charge For Jailer 2 Cameo?

How Much Did Hrithik Roshan Charge For Jailer 2 Cameo?

Rediff.com9 hours ago

Following an intervention from Rajinikanth, Hrithik decided to take zero remuneration for the role.

'Reservation Must Be Decided Purely On Economic Grounds'

'Reservation Must Be Decided Purely On Economic Grounds'

Rediff.com31 Aug 2026

'The day we start making rules purely along caste lines, we only divide society further. That's the conversation the government needs to have, and soon.'

Doosra Review: Ambitious Blend Of Cricket And Feminism

Doosra Review: Ambitious Blend Of Cricket And Feminism

Rediff.com1 days ago

Abhinay Deo's Doosra attempts to weave together the cricketing triumphs of Sourav Ganguly's 2001 Indian team with the poignant coming-of-age narrative of a young woman navigating the suffocating patriarchy of Rajasthan, observes Deepa Gahlot.

India-New Zealand FTA kicks in, promises 'more jobs and higher wages' for Kiwis

India-New Zealand FTA kicks in, promises 'more jobs and higher wages' for Kiwis

Rediff.com4 days ago

New Zealand Prime Minister Christopher Luxon stated that the historic Free Trade Agreement with India, now in effect, will help grow both economies, allowing Kiwi businesses to reach over a billion more customers with significantly reduced tariffs, leading to 'more jobs and higher wages for Kiwis'.

Kerala Assembly Passes Motion Against UPI MDR

Kerala Assembly Passes Motion Against UPI MDR

Rediff.com15 Oct 2026

The Kerala Legislative Assembly has passed a motion urging the central government to completely withdraw the proposed Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. Chief Minister V D Satheesan and CPI MLA K Rajan highlighted concerns that the MDR would increase business costs, harm small businesses, and reduce the appeal of digital payments, while the BJP argued it would not affect general public or small merchants.

India, US trade deal to be much different: Trump

India, US trade deal to be much different: Trump

Rediff.com3 days ago

US President Donald Trump stated that the US and India are 'pretty close' to finalising a trade deal, which he expects to be significantly different from previous agreements. This announcement comes amidst ongoing discussions between officials from both nations, including Secretary of State Marco Rubio's visit to India and Commerce Minister Piyush Goyal's meetings with US Trade Representative Jamieson Greer, following an initial framework agreement in February.

US pauses Russia sanctions, India tariffs for 60 days

US pauses Russia sanctions, India tariffs for 60 days

Rediff.com6 days ago

The US announced a 60-day pause on sanctions against Russia and tariffs on other countries, including India, to analyse the global economic impact. This decision, made via an executive order by Trump, has drawn significant criticism from both Republicans and Democrats, who had previously passed the Lindsey O. Graham Sanctioning Russia and Iran Act. US officials stated the waiver allows for assessment of global energy pressures and European allies' refusal to impose secondary sanctions on Russian oil buyers.

How Wadhwani AI Uses AI To Predict Disease Outbreaks

How Wadhwani AI Uses AI To Predict Disease Outbreaks

Rediff.com14 Oct 2026

Wadhwani AI is working on a 'vulnerability mapping' project which determines the probability of a disease breaking out in a particular area during a particular season or time.

Siang Project: Can India Turn Challenge Into Opportunity?

Siang Project: Can India Turn Challenge Into Opportunity?

Rediff.com2 days ago

The objective should be clear: Energy security without abandoning environmental responsibility; water security without ignoring local concerns; and strategic resilience without sacrificing public confidence, notes Varun Arya.

'It's a no-brainer, boundary...': Jaishankar's message to China

'It's a no-brainer, boundary...': Jaishankar's message to China

Rediff.com14 Oct 2026

External Affairs Minister S Jaishankar stated that the stability of the Line of Actual Control (LAC) is essential for normalising India-China relations, asserting that border disturbances will have consequences. He connected trade and investment growth to border peace and highlighted significant economic issues, including a severe trade imbalance and lack of market access for India in China. Jaishankar also referenced the 2020 Galwan clashes as a critical turning point, underscoring the profound impact of border tranquillity on the overall bilateral relationship.

Seriousness Of Allegation Not Sole Reason For LOC, Rules Delhi Court

Seriousness Of Allegation Not Sole Reason For LOC, Rules Delhi Court

Rediff.com13 Oct 2026

A Delhi court has rescinded a Look-Out Circular (LOC) against Akash Gupta, an accused in a Rs 247-crore Punjab National Bank fraud case, stating that the seriousness of an allegation cannot be the sole reason for its continued operation. The court noted Gupta's cooperation and previous adherence to travel conditions.

Driving India's Media And Entertainment Growth

Driving India's Media And Entertainment Growth

Rediff.com15 Oct 2026

Ministry of Information and Broadcasting Secretary Chanchal Kumar outlined the critical factors for the media and entertainment sector's next growth phase, including robust intellectual property, sustainable revenue models, and disciplined investments. Speaking at the CII Big Picture Summit, he emphasised the government's role in fostering an environment for creative enterprises and addressing challenges posed by digital platforms and AI. The CII White Paper also projected a USD 100 billion Indian M&E sector, advocating for stronger IP and regulatory reforms.

Hasina slams Bangladesh PM for skipping BRICS meet

Hasina slams Bangladesh PM for skipping BRICS meet

Rediff.com14 Oct 2026

Former Bangladesh Prime Minister Sheikh Hasina has strongly criticised Prime Minister Tarique Rahman's decision to skip the BRICS summit in India, calling it "immature" and detrimental to Bangladesh's national interest. She argued that the absence lost opportunities for economic development and that foreign policy should not be driven by personal considerations. Hasina also highlighted the current "grave national crisis" in Bangladesh and her intention to return to restore democracy.

US-China Ties: Why The World Should Worry

US-China Ties: Why The World Should Worry

Rediff.com4 days ago

The subtext here is that nobody else really matters to America today; only China, because nobody else can truly hurt them, points out Mihir S Sharma.

India Builds Resilience Against Future Global Shocks

India Builds Resilience Against Future Global Shocks

Rediff.com14 Oct 2026

Union Minister Ashwini Vaishnaw warned of increased global turbulence from tech disruptions, AI, and financial risks in the coming years. He stated that India is strengthening its economic and technological resilience to protect its growth from external shocks. India is focusing on domestic manufacturing and design in critical tech areas while maintaining global integration, with trust becoming as crucial as cost in supply chains.

Tilak Varma Stars With Unbeaten Fifty As India Edge New Zealand In A Last-Over Thriller

Tilak Varma Stars With Unbeaten Fifty As India Edge New Zealand In A Last-Over Thriller

Rediff.com9 hours ago

Tilak Varma starred with a match-winning fifty to power India to a thrilling victory in the second T20I against New Zealand in Christchurch on Saturday.

Rubio's India Visit: The Russian Oil Factor

Rubio's India Visit: The Russian Oil Factor

Rediff.com5 days ago

US Secretary of State Marco Rubio's visit to India this week underscores the complex dynamics of global energy policy, as Washington re-evaluates sanctions on Russian oil buyers amidst India's continued reliance on Russian crude.

Is India-US Trade Deal Near The Finish Line?

Is India-US Trade Deal Near The Finish Line?

Rediff.com15 Oct 2026

Marco Rubio will visit Mumbai and Jamnagar to discuss energy cooperation as S Jaishankar says India-US trade talks are nearing a landing point, with a few issues unresolved.

India Ranks Among Top 10 Emerging Markets in AI Readiness, Private Investment Soars

India Ranks Among Top 10 Emerging Markets in AI Readiness, Private Investment Soars

Rediff.com6 Oct 2026

India has secured a spot among the top 10 leading emerging-market performers in artificial intelligence (AI) readiness, with private investment in AI more than tripling to USD 4.1 billion in 2025, according to a new World Bank report.

Why UPI Surcharge Is Essential For Digital Payment System's Future

Why UPI Surcharge Is Essential For Digital Payment System's Future

Rediff.com2 days ago

J&K Bank MD and CEO Amitava Chatterjee defended the surcharge on UPI transactions above Rs 2,000, stating it is necessary for the system's long-term sustainability. He also discussed the shift of household savings to mutual funds, the bank's profit growth, and India's consumption-based economy.

Nirmala Sitharaman: Next-Gen GST and India's next phase of growth

Nirmala Sitharaman: Next-Gen GST and India's next phase of growth

Rediff.com5 Oct 2026

India's Next-Gen GST reforms are proving instrumental in driving robust economic growth, simplifying tax compliance, and fostering a more inclusive business environment across the nation, aligning with the vision of a 'Viksit Bharat', writes Finance Minister Nirmala Sitharaman.

Nishad Kumar Leads India's Gold Rush At Asian Para Games

Nishad Kumar Leads India's Gold Rush At Asian Para Games

Rediff.com4 days ago

Indian para track and field athletes secured 14 medals, including five gold, at the Asian Para Games. Nishad Kumar became the third Indian to win two gold medals in a single edition, triumphing in high jump and long jump. Deepthi Jeevanji and Pranav Soorma also clinched gold, setting new Games and Asian records respectively, highlighting India's strong performance.

Will Budget see axing of LTCG tax? Sitharaman says...

Will Budget see axing of LTCG tax? Sitharaman says...

Rediff.com13 Oct 2026

Finance Minister Nirmala Sitharaman stated that the Reserve Bank of India (RBI) will persist in its efforts to prevent excessive volatility in the rupee, which has significantly depreciated against the US dollar due to global uncertainties, despite India's strong macro-economic fundamentals.

NCW Chief Calls For Immediate, Sensitive Response To Domestic Violence

NCW Chief Calls For Immediate, Sensitive Response To Domestic Violence

Rediff.com7 Oct 2026

National Commission for Women chairperson Vijaya Rahatkar urged protection officers to prioritise "first response" in domestic violence cases, emphasising sensitive handling and immediate intervention to prevent tragedies. She highlighted that the success of protection officers lies in timely protection for women, not just file processing. Rahatkar stressed the importance of the Protection of Women from Domestic Violence Act, 2005, and called for a comprehensive "One Woman, One Support System" approach involving various services, continuous training, and prevention through awareness and empowerment.

How India And China Nearly Avoided 1962 War

How India And China Nearly Avoided 1962 War

Rediff.com5 days ago

The conversations on July 22 and 23, 1962, meetings in Geneva between V K Krishna Menon, India's defence minister at the time, and Chinese vice premier Chen Yi are important because, had they been followed up, the subsequent border war may perhaps have been avoided, notes former foreign secretary Shyam Saran.

Cisco CEO Chuck Robbins bullish on India, plans to expand chip design team

Cisco CEO Chuck Robbins bullish on India, plans to expand chip design team

Rediff.com14 Oct 2026

Cisco Chairman and CEO Chuck Robbins announced plans to expand the company's silicon design team in India, citing the country's pro-growth strategy, scale, ambition, and engineering focus as key reasons for its strategic importance.

Seriously Good Eggs

Seriously Good Eggs

Rediff.com12 Oct 2026

Every time you step into the kitchen it's quite possible to create a version of eggs that's far tastier than the last time you made eggs.

Congress wants 'Bangladesh-like regime change': Rajnath

Congress wants 'Bangladesh-like regime change': Rajnath

Rediff.com16 Oct 2026

Union Minister Rajnath Singh has accused the Congress and its allies of attempting to instigate a 'Bangladesh-like regime change' in India, leveraging youth energy for political confrontation and anarchy, rather than constructive nation-building.

Jio Platforms flags satcom as potential disruptor, but doubts its scale in India

Jio Platforms flags satcom as potential disruptor, but doubts its scale in India

Rediff.com16 Oct 2026

Jio Platforms Limited (JPL) believes satellite broadband services are unlikely to achieve significant scale or compete effectively on price in India's highly connected and affordable market, despite developing its own satellite constellation solutions and flagging it as a potential disruptor.

F1 returns to Africa after 33 years, with Rwanda set to host Grand Prix from early 2030s

F1 returns to Africa after 33 years, with Rwanda set to host Grand Prix from early 2030s

Rediff.com14 Oct 2026

Formula One will return to Africa after 33 years, with Rwanda securing a 10-year deal to host a Grand Prix from the early 2030s, promising tourism, investment and jobs.

Global Interest Rate Hikes to Make FY27 Second Half Challenging: CEA Nageswaran

Global Interest Rate Hikes to Make FY27 Second Half Challenging: CEA Nageswaran

Rediff.com30 Sep 2026

Chief Economic Advisor V Anantha Nageswaran stated that the second half of the current fiscal year (FY27) is expected to be challenging due to increased downside risks to global growth and rising interest rates worldwide.

DMart Faces Margin Pressure, Higher Costs Amidst Aggressive Store Expansion

DMart Faces Margin Pressure, Higher Costs Amidst Aggressive Store Expansion

Rediff.com4 days ago

Avenue Supermarts (DMart) reported lower-than-expected Q2FY27 performance, with revenue growth of 18.4 per cent year-on-year but visible margin pressure, leading to a 4.5 per cent stock drop. The company faces challenges from lower-margin sales, operating cost pressures, and aggressive store expansion, impacting profitability despite improved same-store sales growth.

Amitabh@84: 'Why Are People Keen To Retire Me?

Amitabh@84: 'Why Are People Keen To Retire Me?

Rediff.com11 Oct 2026

'Why should I think of giving up?'

'Monetary Policy Can Bring Inflation To The Target'

'Monetary Policy Can Bring Inflation To The Target'

Rediff.com7 Oct 2026

'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'

Why Voters Reject India's Left Despite Its Ideas

Why Voters Reject India's Left Despite Its Ideas

Rediff.com7 days ago

A century on, India has adopted the Left's welfare ideas, but not the Left. Why do people borrow the promises, then vote for the temple? questions Binu Alex.