News for 'Economic Times'

How UPI Is Expanding Its Global Footprint And Securing Digital Payments

How UPI Is Expanding Its Global Footprint And Securing Digital Payments

Rediff.com20 Jul 2026

Parliament was informed that UPI has onboarded 55.49 crore users by June 2026, with transactions reaching 24,162 crore in volume and Rs 314 lakh crore in value in FY 2025-26. The platform, operated by NPCI, is expanding internationally through NIPL, facilitating cross-border payments and assisting other nations in building similar systems. Significant efforts are also underway by the Government, RBI, and NPCI to enhance the security and transparency of UPI transactions, including risk-based limits, security frameworks, and public awareness campaigns against cyber-crime.

Will Trump Impose 100 Per Cent Tariffs On India?

Will Trump Impose 100 Per Cent Tariffs On India?

Rediff.com31 Jul 2026

It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.

Can India Become New Power Centre Of Global Chess?

Can India Become New Power Centre Of Global Chess?

Rediff.com1 Aug 2026

'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'

Why Less Thinking Time Can Improve Strategic Decisions

Why Less Thinking Time Can Improve Strategic Decisions

Rediff.com21 May 2026

A new study suggests that complex strategic decisions may be better when made with less thinking time, highlighting the role of intuition in decision-making.

Why Indians Thrive Overseas

Why Indians Thrive Overseas

Rediff.com13 Jul 2026

India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.

Trump-Xi Rapprochement: Time For India To Be Cautious

Trump-Xi Rapprochement: Time For India To Be Cautious

Rediff.com21 May 2026

India would confront a more entrenched China, a less dependable United States, and a regional order increasingly shaped by great-power bargaining over which it exercises limited influence, notes Amberish K Diwanji.

CEA Calls For Industry Investment In Skilling, Innovation For GCCs

CEA Calls For Industry Investment In Skilling, Innovation For GCCs

Rediff.com9 Jul 2026

Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.

Can India's New Mobile Scheme Beat China?

Can India's New Mobile Scheme Beat China?

Rediff.com30 Jul 2026

Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.

Modi stopped Putin from using nuclear weapons on Ukraine in 2022: Polish min

Modi stopped Putin from using nuclear weapons on Ukraine in 2022: Polish min

Rediff.com14 Jul 2026

Poland's Secretary of State, Wladyslaw T Bartoszewski, has credited Prime Minister Narendra Modi with preventing Russian President Vladimir Putin from using tactical nuclear weapons in Ukraine in late 2022, highlighting Modi's significant influence on the Russian leader.

Why Congress decided to sing only 2 stanzas of Vande Mataram

Why Congress decided to sing only 2 stanzas of Vande Mataram

Rediff.com30 Jul 2026

Vande Mataram, the national song that has stirred passions and political controversies for more than a century, received legal protection on Thursday with Parliament passing a bill making any insult to it a punishable offence, rekindling the long-running debate over its place in India's history and identity.

Provisional NSF Status For FMSCI Paves Way For F1 Return

Provisional NSF Status For FMSCI Paves Way For F1 Return

Rediff.com24 Jul 2026

The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF). This status makes FMSCI eligible for financial grants and is a significant step in the government's efforts to bring Formula 1 racing back to India, with a Task Force also being formed to explore hosting major motorsport events.

Iran, Israel trade strikes for 1st time since truce; raising war fears

Iran, Israel trade strikes for 1st time since truce; raising war fears

Rediff.com8 Jun 2026

Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.

The Strategic Importance Of Pakistan's Gwadar Port For China

The Strategic Importance Of Pakistan's Gwadar Port For China

Rediff.com13 Jul 2026

Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).

First Dengue Vaccine Approved for India

First Dengue Vaccine Approved for India

Rediff.com21 Jul 2026

The vaccine has been cleared for use in individuals aged 4 to 60 years and can be administered irrespective of whether the taker has had dengue before, eliminating the need for pre-vaccination screening.

Eternal's Q1 net profit nearly quadruples to Rs 92 crore, driven by Zomato and Blinkit's strong performance

Eternal's Q1 net profit nearly quadruples to Rs 92 crore, driven by Zomato and Blinkit's strong performance

Rediff.com23 Jul 2026

Eternal, the parent company of Zomato and Blinkit, reported a nearly fourfold increase in net profit to 92 crore for Q1FY27, primarily due to operational gains and the strong performance of its quick commerce business, Blinkit.

AI Deepfakes Push Courts To Protect Identity Rights

AI Deepfakes Push Courts To Protect Identity Rights

Rediff.com20 Jul 2026

Personality rights violations are increasingly being used as vehicles for financial fraud, with unsuspecting consumers misled by fabricated endorsements.

Pvt sector enters India's critical minerals race with Indonesia deal

Pvt sector enters India's critical minerals race with Indonesia deal

Rediff.com18 Jul 2026

Hyderabad-based Midwest Ltd has become the first Indian private company to secure overseas critical mineral mines, sealing a deal with Indonesia's state-run PT Perusahaan Mineral Nasional (PERMINAS) to ensure a long-term supply of rare earths.

5 Life Lessons From Christopher Nolan's The Odyssey

5 Life Lessons From Christopher Nolan's The Odyssey

Rediff.com23 Jul 2026

'The truth is Christopher Nolan's The Odyssey ultimately isn't about ancient Greece. It's about us. We all carry a Trojan Horse. We all imagine an Ithaca. We all fight monsters. We all battle invisible demons. And eventually, we all discover that arriving somewhere is never the end of becoming someone,' points out Deep Malhotra.

If India Becomes A Doormat, The US Will Tread On It

If India Becomes A Doormat, The US Will Tread On It

Rediff.com23 Jul 2026

The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.

Rishad Premji On How AI Is Transforming Wipro's Client Operations

Rishad Premji On How AI Is Transforming Wipro's Client Operations

Rediff.com15 Jul 2026

Wipro Executive Chairman Rishad Premji announced that clients are now integrating Artificial Intelligence (AI) into their core business processes, moving past initial pilot projects. Speaking at the company's AGM, Premji highlighted AI's role in driving innovation, efficiency, and growth, and noted Wipro's internal AI adoption has significantly streamlined operations.

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

Rediff.com9 Jul 2026

The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.

Chhoti SIP Growth Faces High Exit Rates

Chhoti SIP Growth Faces High Exit Rates

Rediff.com16 Jul 2026

'Periods of heightened volatility, driven by global events such as tariffs and geopolitical tensions over the past year-and-a-half, can make some investors pause or discontinue their investments.'

US targets Iranian infrastructure in fresh wave of strikes

US targets Iranian infrastructure in fresh wave of strikes

Rediff.com23 Jul 2026

The US Central Command announced a new wave of strikes against Iranian military infrastructure, aiming to degrade Tehran's ability to threaten civilian mariners and commercial vessels. This comes as US President Donald Trump described the situation as a 'skirmish' and suggested Iran wants to 'make a deal,' while Iran's Foreign Minister warned of a 'decisive response' to any aggression.

How To Get A Rs 30,000 Scholarship After Class 10

How To Get A Rs 30,000 Scholarship After Class 10

Rediff.com8 Jul 2026

Selected students who have cleared class 10 will receive a one-time scholarship benefit of up to Rs 30,000, (depending on the fee structure).

Rupee Exchange Rate Is Not Just A Number

Rupee Exchange Rate Is Not Just A Number

Rediff.com6 Jul 2026

If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

What's Holding Up India-US Trade Deal?

What's Holding Up India-US Trade Deal?

Rediff.com14 Jul 2026

India is waiting for assurance from the US on comparative advantage over other economies under the deal.

Government clears the track for Formula One's long-awaited India return

Government clears the track for Formula One's long-awaited India return

Rediff.com17 Jul 2026

India's government is working to resolve tax and regulatory hurdles to bring Formula One back to the Buddh International Circuit on the outskirts of New Delhi in 2028, more than a decade after the race was dropped.

1st T20I: Sooryavanshi, Mayank dazzle in India's commanding win over Zimbabwe

1st T20I: Sooryavanshi, Mayank dazzle in India's commanding win over Zimbabwe

Rediff.com23 Jul 2026

Vaibhav Sooryavanshi hit an 18-ball half-century as India crushed Zimbabwe by seven wickets to go 1-0 up in the 3-match T20I series in Harare on Thursday.

Somanath Joins Agnikul Ahead Of Mission 02

Somanath Joins Agnikul Ahead Of Mission 02

Rediff.com18 Jul 2026

The appointment comes as Agnikul prepares for Mission 02, a flight that will attempt, for the first time on Indian soil, the recovery of an orbital-class rocket booster and the extension of a rocket's upper stage into an on-orbit platform.

Why Modi Should Watch Japan's Transformation Under Sanae Takaichi

Why Modi Should Watch Japan's Transformation Under Sanae Takaichi

Rediff.com3 Jul 2026

History may remember Takaichi Sanae not as the leader who simply accelerated Japanese rearmament, but as one who governed during Japan's transition from an industrial-age security model to a post-industrial strategic member of the global order, points out Varun Arya.

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com20 Jul 2026

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

Relief likely for India from US tariffs over forced labour

Relief likely for India from US tariffs over forced labour

Rediff.com16 Jul 2026

India anticipates a reduction in the United States' proposed tariffs on Indian goods under the Section 301 investigation, following New Delhi's recent notification to restrict the import of products made with forced labour.

NITI Aayog Index Reveals No State Achieves 'Top Performer' Status in Investment Friendliness

NITI Aayog Index Reveals No State Achieves 'Top Performer' Status in Investment Friendliness

Rediff.com18 Jul 2026

NITI Aayog's inaugural Investment Friendliness Index, scoring 36 states and Union Territories on 84 indicators across eight pillars, revealed that no state or UT reached a score of 60 out of 100, indicating significant room for improvement in attracting investment.

Why China's Bangladesh Push Should Worry India

Why China's Bangladesh Push Should Worry India

Rediff.com30 Jun 2026

Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.

Could a 64-team World Cup put Asian football at FIFA's mercy?

Could a 64-team World Cup put Asian football at FIFA's mercy?

Rediff.com21 Jul 2026

FIFA President Gianni Infantino has acknowledged the possibility of expanding the World Cup to 64 teams, a move that could significantly alter the sport's economics and logistics, despite opposition from major confederations like UEFA and AFC.

'Economy May Take 2 To 3 Months To Return To Normal'

'Economy May Take 2 To 3 Months To Return To Normal'

Rediff.com8 Jul 2026

'The real shock is going to be from a deficient monsoon.'

Why Taiwan Is At The Heart Of US-China Rivalry

Why Taiwan Is At The Heart Of US-China Rivalry

Rediff.com29 Jun 2026

For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.

GST Collections Hit Rs 1.95 Lakh Crore in June, Driven by Import Growth

GST Collections Hit Rs 1.95 Lakh Crore in June, Driven by Import Growth

Rediff.com1 Jul 2026

India's Goods and Services Tax (GST) collections saw a significant 14 per cent increase in June, reaching approximately Rs 1.95 lakh crore. This surge was primarily driven by a substantial 34.6 per cent growth in tax mop-up from imports, alongside a 6.5 per cent rise in domestic supplies, reflecting the country's economic resilience despite global uncertainties.

India's FY27 growth may slow to 6.6%: S&PGlobal

India's FY27 growth may slow to 6.6%: S&PGlobal

Rediff.com25 Jun 2026

S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.

'Vijay's Economic Policies Are Ultra-Left, Like MamataDi's'

'Vijay's Economic Policies Are Ultra-Left, Like MamataDi's'

Rediff.com7 May 2026

'If you read the TVK manifesto, it is doles and much more doles. But the state has been habituated to this.' 'In no way is he distinct or different from the DMK regime.'