News for 'Economic Times'

Iran vows to 'correct' Trump's Hormuz 'delusions'

Iran vows to 'correct' Trump's Hormuz 'delusions'

Rediff.com19 Aug 2026

Iran has strongly rejected former US President Donald Trump's assertion that the Strait of Hormuz is 'NEW U.S. TERRITORY', with top officials warning that his 'delusions' would be 'corrected' and highlighting the gap between Washington's claims and its actual influence over the strategic waterway.

China's Hydropower Plants: Why India Must Be Concerned

China's Hydropower Plants: Why India Must Be Concerned

Rediff.com17 Aug 2026

It is very unfortunate that China has decided to proceed with the controversial mega hydropower plants(despite the apparent opposition of many scientists in China). Why is Delhi silent about the development? asks Claude Arpi.

Ambanis Worth Rs 25.8 Trillion!

Ambanis Worth Rs 25.8 Trillion!

Rediff.com12 Aug 2026

India's 10 most valuable families had a combined valuation of Rs 70.5 trillion.

'Next 20 Years Are Very Critical For India'

'Next 20 Years Are Very Critical For India'

Rediff.com18 Aug 2026

'... to see that young people are gainfully employed. After that, it will become very difficult as we will start ageing much more rapidly.' 'We have a huge proportion of Gen Z. After 2030, every year, we will start seeing a gradual shift towards a slightly older society.'

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Rediff.com11 Aug 2026

The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.

Anand Mahindra: M&M must enter attack mode

Anand Mahindra: M&M must enter attack mode

Rediff.com31 Jul 2026

Mahindra Group Chairman Anand Mahindra announced the company would adopt an 'attack mode' strategy, accelerating investment, innovation, and execution to capitalise on opportunities arising from prolonged geopolitical and economic uncertainty.

Is UP Governor Needling Yogi?

Is UP Governor Needling Yogi?

Rediff.com17 Aug 2026

'Some people may not like what I am saying, but shortcomings have to be pointed out. These deficiencies should be rectified within the next three months.' 'This is Gorakhpur, where our CM himself resides. If such shortcomings exist here, then what will happen?'

India Named in US China Transshipment Network

India Named in US China Transshipment Network

Rediff.com15 Aug 2026

'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'

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.

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.

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Rediff.com6 Aug 2026

Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.

Noida airport waterlogging sparks row as BJP, SP clash over infra

Noida airport waterlogging sparks row as BJP, SP clash over infra

Rediff.com12 Aug 2026

Waterlogging at the newly-built Noida International Airport in Jewar after heavy rains has ignited a political dispute between the Samajwadi Party and the BJP government. While SP chief Akhilesh Yadav criticised the infrastructure, airport authorities stated the temporary water accumulation was cleared within 30 minutes without disrupting operations. BJP MLA Dhirendra Singh defended the development, accusing the opposition of politicising the issue.

How Tata Steel Tackled Challenges Under Chandra

How Tata Steel Tackled Challenges Under Chandra

Rediff.com13 Aug 2026

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.

'Eknath Shinde Was Extremely Aggressive'

'Eknath Shinde Was Extremely Aggressive'

Rediff.com20 Aug 2026

'I've seen a lot of meetings over the years, but this was the first time I've seen the deputy chief minister and the industries minister sit through something like this with 200 to 300 industrialists, local residents and politicians from both the ruling side and Opposition, all in the same room.'

The Week's OTT Releases: Main Vaapas Aaunga, Governor, Operation Safed Sagar

The Week's OTT Releases: Main Vaapas Aaunga, Governor, Operation Safed Sagar

Rediff.com7 Aug 2026

Discover the top OTT releases this week, featuring a compelling mix of Hindi dramas like Imtiaz Ali's Main Vaapas Aaunga and Manoj Bajpayee's Governor, alongside regional and international titles.

Market Crash: 7 Costly Mistakes to Avoid

Market Crash: 7 Costly Mistakes to Avoid

Rediff.com13 Aug 2026

Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan

Rajan, Chetty Join US Fed Task Forces

Rajan, Chetty Join US Fed Task Forces

Rediff.com11 Jul 2026

US Federal Reserve Chairman Kevin Warsh has picked former RBI governor Raghuram Rajan, Harvard University economics Professor Raj Chetty and Microsoft XBOX CEO Asha Sharma to be part of task forces constituted to examine the central bank's approach to monetary policy and propose transformational changes.

Finfluencer Advice: What Investors Must Know

Finfluencer Advice: What Investors Must Know

Rediff.com13 Aug 2026

Verify a content creator's Sebi registration, qualifications and certifications before acting on their advice.

Why Pakistan's Hangors Submarines Face India's ASW Shield

Why Pakistan's Hangors Submarines Face India's ASW Shield

Rediff.com10 Aug 2026

Hangors are effectively 'dead-on-arrival' with Pakistanis saddled with deadweights that displace around 3,000 tons. Last time it was near Vishakhapatnam. This time, barnacles will clog the Hangors in Karachi port itself, points out Dr Abhishek Puri.

Why Indian GM Arjun Erigaisi Doubts Online Chess Ratings For Official FIDE Status

Why Indian GM Arjun Erigaisi Doubts Online Chess Ratings For Official FIDE Status

Rediff.com15 Aug 2026

Indian Grandmaster Arjun Erigaisi has voiced significant reservations regarding a proposal by World Chess and FIDE to convert online rapid and blitz ratings into official FIDE ratings. He highlights fundamental integrity issues, such as mouse slips and the lack of physical supervision in home-based online play, making it difficult to ensure fair play. Erigaisi also commented on World Champion D Gukesh's recent form and dismissed the idea that AI diminishes creativity in chess.

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

Rediff.com31 Jul 2026

India's foreign exchange reserves increased by USD 6.118 billion, reaching USD 682.354 billion for the week ending July 24, according to the Reserve Bank of India.

ODI cricket's future hinges on this major ICC plan

ODI cricket's future hinges on this major ICC plan

Rediff.com12 Aug 2026

The era of 'randomly' scheduling bilateral series is over, but the ODI format can continue to survive and thrive with its place 'inextricably' linked to the World Cup, said ICC CEO Sanjog Gupta in an interview to PTI.

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Rediff.com7 Aug 2026

A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.

BMW India CFO: 'Surprised by scale and length of tax litigation'

BMW India CFO: 'Surprised by scale and length of tax litigation'

Rediff.com7 Aug 2026

BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.

One Nation One Election rollout possible by 2029: Panel chief

One Nation One Election rollout possible by 2029: Panel chief

Rediff.com10 Jul 2026

A parliamentary committee is actively working to establish a mechanism for implementing the 'One Nation, One Election' reform, with its chairperson, PP Chaudhary, indicating that it could be fully operational by the 2029 general elections. Chaudhary highlighted that nearly 99 per cent of civil society stakeholders consulted have supported the proposal, which aims to mitigate an estimated Rs 7 lakh crore economic loss due to frequent polls.

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Rediff.com12 Aug 2026

'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'

'Young People Feel Uncertainty Because Of The Huge Disruption In The Job Market'

'Young People Feel Uncertainty Because Of The Huge Disruption In The Job Market'

Rediff.com18 Aug 2026

'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'

AI could erode India's outsourcing advantage, warns WB report

AI could erode India's outsourcing advantage, warns WB report

Rediff.com5 Aug 2026

Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.

Why Bangladesh Matters For India's Future

Why Bangladesh Matters For India's Future

Rediff.com28 Jul 2026

For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.

This Simple Habit Will Help You Score 99%ile In CAT 2026

This Simple Habit Will Help You Score 99%ile In CAT 2026

Rediff.com10 Jul 2026

CAT and MBA expert and rediffGURU Patrick D'Souza explains how a simple daily reading habit can help aspirants clinch 99 percentile in the Common Admission Test this year.

Bengal govt revokes BJP MP's award for remarks on Netaji

Bengal govt revokes BJP MP's award for remarks on Netaji

Rediff.com14 Aug 2026

The West Bengal government has revoked the Banga Bibhushan award from Rajya Sabha MP Ananta Maharaj following his controversial remarks describing Netaji Subhas Chandra Bose as a 'war criminal' and questioning the Azad Hind Fauj's role in India's freedom struggle.

Our endeavour is to bring inflation in line with target over the medium term

"Our endeavour is to bring inflation in line with target over the medium term"

Rediff.com6 Aug 2026

"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.

7 states account for 85% of India's installed solar capacity

7 states account for 85% of India's installed solar capacity

Rediff.com30 Jul 2026

Despite aggressive expansion, India's solar power sector faces significant hurdles from rising regional disparities in installed capacity and a looming manufacturing glut due to overcapacity in domestic solar equipment production, potentially leading to consolidation and pricing pressures.

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

Rediff.com4 Aug 2026

As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.

India Will Become A Leader In Applied AI: Nilekani

India Will Become A Leader In Applied AI: Nilekani

Rediff.com7 Aug 2026

'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'

'Sheikh Hasina Has Pulled A Political Masterstroke'

'Sheikh Hasina Has Pulled A Political Masterstroke'

Rediff.com11 Aug 2026

'After announcing that she will return to Bangladesh, if she does not, her credibility will suffer.'

'Delimitation Bill Is A Done Deal'

'Delimitation Bill Is A Done Deal'

Rediff.com11 Aug 2026

'The BJP has all the instruments with them and they do have a sense of purpose, so I don't think there will be a challenge.'

TN House demands 543-seat LS formula, 33% women quota from 2029

TN House demands 543-seat LS formula, 33% women quota from 2029

Rediff.com12 Aug 2026

The Tamil Nadu Assembly has adopted a resolution, moved by Chief Minister C Joseph Vijay, urging the Union government to permanently fix the Lok Sabha strength at 543 and implement 33 per cent women's reservation by 2029. The resolution also opposes delimitation that could disadvantage states successful in population control.

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.

Will Sheikh Hasina Be Killed If She Returns To Dhaka?

Will Sheikh Hasina Be Killed If She Returns To Dhaka?

Rediff.com8 Aug 2026

'They probably imagine any hue and cry in the event Sheikh Hasina is hanged will be shortlived as it happened when Bhutto was hanged in Pakistan in 1979.'