News for 'Economic Times'

Sri Lanka Unveils Economic Relief Plan to Counter West Asia Conflict Impact

Sri Lanka Unveils Economic Relief Plan to Counter West Asia Conflict Impact

Rediff.com7 Apr 2026

Sri Lankan President Anura Kumara Dissanayake has announced an economic relief package to mitigate the impact of the West Asia conflict, including fuel price reductions and support from India for petrol and diesel supplies.

5 Times When Trump Extended His 'Or Else...' Deadline for Iran

5 Times When Trump Extended His 'Or Else...' Deadline for Iran

Rediff.com7 Apr 2026

Each time a deadline almost runs out, President Trump hands out a new one.

Gulf War: Time India Distances Itself From Israel

Gulf War: Time India Distances Itself From Israel

Rediff.com31 Mar 2026

It may now be time to question the price India is paying for Israel's disregard of the serious undermining of India's energy security, asserts former foreign secretary Shyam Saran.

Rupee breaches 95-level against US dollar for first time

Rupee breaches 95-level against US dollar for first time

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

'Starting process of...': US warships cross Hormuz for 1st time since Iran war

'Starting process of...': US warships cross Hormuz for 1st time since Iran war

Rediff.com4 days ago

US President Donald Trump has announced plans to clear the Strait of Hormuz to secure the vital oil corridor, citing risks to global energy supplies and criticising other nations' inaction.

Karnataka Budget 2026-27 Praised for Balanced Approach to Economic Growth

Karnataka Budget 2026-27 Praised for Balanced Approach to Economic Growth

Rediff.com7 Mar 2026

The Bangalore Chamber of Industry and Commerce (BCIC) has welcomed the Karnataka Budget 2026-27, highlighting its focus on economic growth, support for MSMEs, and infrastructure development. Industry leaders have expressed optimism about the budget's potential to boost manufacturing, create jobs, and drive innovation in the state.

Argentina Steps Up LPG Supply To India

Argentina Steps Up LPG Supply To India

Rediff.com23 Mar 2026

Argentina has significantly increased its LPG exports to India to help mitigate shortages caused by the ongoing conflict in West Asia. This partnership is becoming increasingly important for India's energy security.

Falling Markets: Panic Or Perfect Time To Invest?

Falling Markets: Panic Or Perfect Time To Invest?

Rediff.com25 Mar 2026

Do not get trapped in the fear-and-greed cycle. Let time and discipline do the heavy lifting, points out Harsh Roongta.

Economic Survey 2026: Rupee valuation does not accurately reflect India's stellar economic fundamentals

Economic Survey 2026: Rupee valuation does not accurately reflect India's stellar economic fundamentals

Rediff.com29 Jan 2026

The value of the rupee, which has slipped to the 92 per dollar mark, does not accurately reflect India's stellar economic fundamentals, the Economic Survey said on Thursday.

'Pakistan Threatened India With Nuclear Weapons Three Times Before 1998'

'Pakistan Threatened India With Nuclear Weapons Three Times Before 1998'

Rediff.com27 Mar 2026

'We were in a heavily nuclearised environment. China had tested for Pakistan in the 1980s and helped their missile programme stay just one step behind us.'

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

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

Rediff.com8 hours ago

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.

Iran rejects Trump's talks claim, says US buying time for military plans

Iran rejects Trump's talks claim, says US buying time for military plans

Rediff.com23 Mar 2026

"The US President's statements are within the framework of efforts to reduce energy prices and gain time to implement his military plans," the ministry stated.

Rupee breaches 93/dollar for the first time, down 19 paise

Rupee breaches 93/dollar for the first time, down 19 paise

Rediff.com20 Mar 2026

The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.

Saudi Arabia pledges additional $3 billion support to Pakistan

Saudi Arabia pledges additional $3 billion support to Pakistan

Rediff.com11 hours ago

Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.

Nykaa Eyes Majority Stake in Deepika Padukone's Skincare Brand 82E Amidst Slowing Growth

Nykaa Eyes Majority Stake in Deepika Padukone's Skincare Brand 82E Amidst Slowing Growth

Rediff.com6 Apr 2026

Nykaa is reportedly in talks to acquire a majority stake in Deepika Padukone's skincare brand, 82E, following slower-than-expected growth and financial losses. The potential acquisition could provide 82E with access to Nykaa's extensive distribution network and customer base.

Crude at $130 could unsettle growth outlook: S&P Global

Crude at $130 could unsettle growth outlook: S&P Global

Rediff.com17 hours ago

S&P Global Ratings warns that a sustained rise in crude oil prices to $130 per barrel could significantly slow India's economic growth, weaken fiscal metrics, and strain corporate and banking sector performance, potentially reducing growth by up to 80 basis points.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

Ex-Bank GM Denied Bail in Rs 122 Crore Scam Case

Ex-Bank GM Denied Bail in Rs 122 Crore Scam Case

Rediff.com6 days ago

A Mumbai court has denied bail to Hitesh Mehta, the former General Manager of New India Cooperative Bank, who is accused of orchestrating a Rs 122 crore scam. The court cited the severity of the economic offence and the complexity of the trial as reasons for the denial.

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rediff.com9 Mar 2026

The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.

West Asia War Pushes RBI into Growth-Inflation Dilemma

West Asia War Pushes RBI into Growth-Inflation Dilemma

Rediff.com6 Apr 2026

The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.

Iran War: 'US Doesn't Depend On Strait of Hormuz For Oil'

Iran War: 'US Doesn't Depend On Strait of Hormuz For Oil'

Rediff.com2 days ago

'Neither do the Israelis. The two attacking parties have very little economic interest in Hormuz.'

RBI Projects $85 Crude Oil, Rupee at 94 by FY27

RBI Projects $85 Crude Oil, Rupee at 94 by FY27

Rediff.com7 days ago

The Reserve Bank of India (RBI) has projected that crude oil prices will average USD 85 per barrel and the rupee will weaken to 94 against the dollar by FY27, according to its bi-annual Monetary Policy report.

HDFC Bank Q4 deposits grow 15% YoY, advances jump 12%

HDFC Bank Q4 deposits grow 15% YoY, advances jump 12%

Rediff.com4 Apr 2026

HDFC Bank reports a 12% credit growth for the March quarter, alongside the unexpected resignation of its chairman, Atanu Chakraborty, due to ethical concerns.

Is China providing military aid to Iran?

Is China providing military aid to Iran?

Rediff.com14 hours ago

China's Foreign Ministry has refuted allegations of providing military support to Iran, warning the US against imposing tariffs based on these accusations. The statement follows reports of Iran acquiring a Chinese satellite for targeting US military bases. Meanwhile, a rescheduled meeting between Presidents Trump and Xi Jinping is set for May.

Amit Shah Vows to Tackle Corruption, Illegal Immigration in West Bengal

Amit Shah Vows to Tackle Corruption, Illegal Immigration in West Bengal

Rediff.com2 days ago

Union Home Minister Amit Shah addressed poll rallies in West Bengal, promising to tackle corruption and illegal immigration if the BJP comes to power. He criticised the current TMC government and outlined the BJP's plans for the state.

Will Trump Attend Islamabad Peace Talks?

Will Trump Attend Islamabad Peace Talks?

Rediff.com14 hours ago

The intriguing bit is that Trump is likely to attend the talks in Islamabad this weekend -- if he does, it will be the clearest signal yet that the US is ready to exit the war with some sort of win to show, since he cannot afford to go for the talks and return empty-handed, notes Prem Panicker in his must read blog on the Iran War

'Mumbai Indians need to look beyond Bumrah's four overs'

'Mumbai Indians need to look beyond Bumrah's four overs'

Rediff.com2 days ago

Former South Africa captain Faf du Plessis suggests Mumbai Indians need to reduce their reliance on Jasprit Bumrah to achieve consistency in the IPL.

US doesn't want negotiation, they want to...: Iran

US doesn't want negotiation, they want to...: Iran

Rediff.com1 days ago

Representative of Iran's Supreme Leader in India, Abdul Majid Hakeem Ilahi, expressed doubts about the United States' intentions regarding negotiations, citing conflicting actions and a desire to force Iran into accepting US demands.

10 Smart Ways Make Your Job Loss A Career Advantage

10 Smart Ways Make Your Job Loss A Career Advantage

Rediff.com2 days ago

Venkat Lakshminarasimha, executive director, DISC, at Dexian, an AI and tech staffing firm, recommends how a positive, proactive approach can help you overcome setbacks and reposition yourself as an adaptable asset.

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Rediff.com1 days ago

The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule.

'The Youth Of Kerala Believe In Modi'

'The Youth Of Kerala Believe In Modi'

Rediff.com6 days ago

'Secularism or social development or social justice is no longer part of development, according to the youth in Kerala.' 'They are concerned about material wellbeing and material welfare, and they believe that Narendra Modi is capable to giving them that kind of development.' 'So, they don't have any ideological hesitation in voting for him.'

Retail Inflation Inches Up to 3.4% in March, Driven by Food and Fuel

Retail Inflation Inches Up to 3.4% in March, Driven by Food and Fuel

Rediff.com2 days ago

India's retail inflation marginally increased to 3.4 per cent in March, up from 3.21 per cent in February, primarily due to an uptick in certain food items and the initial impact of the West Asia crisis on fuel prices, according to government data.

Clean Energy Jobs To Triple By 2030

Clean Energy Jobs To Triple By 2030

Rediff.com19 hours ago

Jobs in the clean-energy sector are projected to reach 905,000, while energy efficiency-related jobs are expected to surge to 428,700 by 2029-2030.

ED Cracks Down on Real Estate Firm Earth Infrastructures Ltd. for Homebuyer Fraud

ED Cracks Down on Real Estate Firm Earth Infrastructures Ltd. for Homebuyer Fraud

Rediff.com4 days ago

The Enforcement Directorate (ED) has seized significant assets from Earth Infrastructures Ltd., a Delhi-based real estate company, following accusations of defrauding homebuyers. The company is currently undergoing insolvency proceedings.

Made lot of progress, ball in Iran's court: Vance

Made lot of progress, ball in Iran's court: Vance

Rediff.com1 days ago

US Vice President J D Vance stated that while progress was made during peace talks in Islamabad, it is now up to Iran to further the discussions and address US concerns regarding its nuclear ambitions.

'Trump faces impeachment risks if Iran conflict continues'

'Trump faces impeachment risks if Iran conflict continues'

Rediff.com3 days ago

The popularity of US President Donald Trump is waning with approval ratings at its lowest, according to former diplomat Mahesh Sachdev, who notes that with two-thirds of Americans not approving of a continuation of the war on Iran, Trump faces the risk of being impeached.

India's Supreme Court Addresses the Deep-Rooted Issue of Crimes Against Women

India's Supreme Court Addresses the Deep-Rooted Issue of Crimes Against Women

Rediff.com4 Apr 2026

The Supreme Court of India has expressed concern over the continued prevalence of domestic abuse and crimes against women, highlighting that these issues are symptomatic of a deeper societal problem rooted in patriarchy, despite economic and legal advancements.

India, Russia discuss strengthening ties amid West Asia conflict

India, Russia discuss strengthening ties amid West Asia conflict

Rediff.com3 Apr 2026

Russia's First Deputy Prime Minister Denis Manturov met with Indian leaders to discuss strengthening bilateral ties in key sectors amidst the escalating conflict in West Asia.

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Rediff.com31 Mar 2026

A new report suggests that prolonged conflict in the Middle East could significantly impact India's GDP growth and inflation.

Silver lining to India's ageing truck fleet

Silver lining to India's ageing truck fleet

Rediff.com1 days ago

India's rapidly ageing truck fleet, with 42% of vehicles over 12 years old, is set to trigger a replacement-driven growth of 3-5% annually over the next five years.