News for 'Economic Update'

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.

West Bengal BJP Promises Investors A Fearless Environment

West Bengal BJP Promises Investors A Fearless Environment

Rediff.com12 May 2026

West Bengal BJP president Samik Bhattacharya advocated a new land policy to facilitate large-scale industrialisation and assured investors of a 'fearless' environment in the state.

Be Prepared For Fuel Price Hike!

Be Prepared For Fuel Price Hike!

Rediff.com13 May 2026

'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

In UAE, Modi offers help to end West Asia crisis

In UAE, Modi offers help to end West Asia crisis

Rediff.com7 days ago

Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

Rediff.com14 May 2026

'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'

'Frustrated' Trump considering resuming war on Iran: Report

'Frustrated' Trump considering resuming war on Iran: Report

Rediff.com12 May 2026

US President Donald Trump is reportedly considering military action against Iran due to stalled negotiations and Tehran's approach to its nuclear issue, according to CNN sources. Divisions within the Trump administration have emerged over the next course of action, with some officials advocating for a more aggressive approach through targeted military strikes.

Why The Energy Crisis Will Get Worse

Why The Energy Crisis Will Get Worse

Rediff.com11 May 2026

The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.

Trump briefed on new military options, says Iran 'dying for a deal'

Trump briefed on new military options, says Iran 'dying for a deal'

Rediff.com1 May 2026

President Trump has been briefed on potential military actions against Iran, including strikes on infrastructure and control of the Strait of Hormuz, even as negotiations continue. He maintains economic pressure is the primary strategy, while legal questions arise over war powers.

Tribal Cuisine: Laxmi's Leto, Neelam's Dal Pitha

Tribal Cuisine: Laxmi's Leto, Neelam's Dal Pitha

Rediff.com15 May 2026

Tribal food is more than sustenance -- it is memory, medicine, history and community.

Lessons that opposition party needs to learn after Bengal elections

Lessons that opposition party needs to learn after Bengal elections

Rediff.com5 May 2026

What lessons opposition parties need to learn post defeat of Mamata Banerjee in West Bengal elections? The election saw spectacular victor of BJP which rose from 3 seats in 2016 to 206 seats in 2026 assembly elections.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com12 May 2026

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com12 May 2026

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

How India Can Lead In AI-Native Governance, According To ServiceNow

How India Can Lead In AI-Native Governance, According To ServiceNow

Rediff.com7 May 2026

ServiceNow Vice Chairman Nick Tzitzon highlights India's potential to develop an AI-native government model, emphasising enhanced public services, data privacy, and economic growth.

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

Rediff.com29 Apr 2026

The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.

Pak parked Iran jets on its airbases to escape US airstrikes: Report

Pak parked Iran jets on its airbases to escape US airstrikes: Report

Rediff.com12 May 2026

A new report alleges Pakistan shielded Iranian military aircraft from potential US airstrikes, raising questions about its role as a neutral mediator in the ongoing US-Iran tensions.

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

Rediff.com14 May 2026

US President Donald Trump met with Chinese President Xi Jinping in Beijing to discuss trade, technology, Taiwan, and the Iran war. Xi Jinping said that 2026 will be a 'historic, landmark year' for China-US relations.

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Rediff.com15 May 2026

Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.

Modi embarks on five-nation tour; energy security, trade in focus

Modi embarks on five-nation tour; energy security, trade in focus

Rediff.com15 May 2026

Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

Rediff.com28 Apr 2026

The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.

IPL 2026: Why Did CSK Drop Hosein Against LSG?

IPL 2026: Why Did CSK Drop Hosein Against LSG?

Rediff.com7 days ago

Chennai Super Kings suffered a damaging defeat to Lucknow Super Giants as Mitchell Marsh, Nicholas Pooran and Akash Singh exposed tactical flaws and pushed CSK to the brink of IPL 2026 playoff elimination.

How India Plans To Boost Its Sports Culture

How India Plans To Boost Its Sports Culture

Rediff.com26 Apr 2026

Sports Minister Mansukh Mandaviya released the Srinagar Khel Sankalp document, outlining a national vision to strengthen sports culture through cooperative federalism, focusing on athlete-centric development and infrastructure expansion.

Trump, Xi hold talks in the 'biggest summit ever'

Trump, Xi hold talks in the 'biggest summit ever'

Rediff.com14 May 2026

US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.

Manpower Firm Executives Arrested In Chhattisgarh Overtime Scam

Manpower Firm Executives Arrested In Chhattisgarh Overtime Scam

Rediff.com5 May 2026

Seven individuals, including senior executives from manpower firms, have been arrested in connection with alleged irregularities in overtime payments within the Chhattisgarh State Marketing Corp Ltd (CSMCL) during the previous Congress administration. The arrests follow an investigation into fraudulent billing practices and misappropriation of funds.

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Rediff.com27 Apr 2026

Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.

Modi trims convoy to save fuel, pushes EV use; guvs, BJP CMs follow suit

Modi trims convoy to save fuel, pushes EV use; guvs, BJP CMs follow suit

Rediff.com13 May 2026

A downsizing in the prime minister's convoy was implemented in his recent domestic visits, official sources said.

Govt body plans legal framework for AI companies

Govt body plans legal framework for AI companies

Rediff.com29 Apr 2026

India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.

Punjab blasts: Rlys to step up freight corridor security, to deploy drones

Punjab blasts: Rlys to step up freight corridor security, to deploy drones

Rediff.com29 Apr 2026

Following two blasts targeting the Eastern Dedicated Freight Corridor in Punjab, the Railways Ministry is intensifying security measures, including increased patrolling, expanded surveillance, and drone deployment, to safeguard railway infrastructure and prevent further disruptions.

Karnataka Government Reinstates DGP K Ramachandra Rao

Karnataka Government Reinstates DGP K Ramachandra Rao

Rediff.com6 May 2026

The Karnataka government has revoked the suspension order of DGP K Ramachandra Rao and reinstated him into service with immediate effect, posting him as Director General of Police (Police Manual). Rao was suspended in January following allegations of misconduct and embarrassment to the state administration.

Why Overall Crime Rate In India Dipped In 2024

Why Overall Crime Rate In India Dipped In 2024

Rediff.com6 May 2026

India recorded a 6% dip in overall crime in 2024, with 58.85 lakh cases registered compared to 62.41 lakh in 2023, according to the National Crime Records Bureau. Crime rates per lakh population also decreased, with Kerala, Puducherry, and West Bengal leading in solving crimes. While some crimes like those against women and SC/STs saw declines, cybercrime and crimes against senior citizens increased.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Rediff.com13 May 2026

US President Donald Trump received a red carpet welcome in Beijing for talks with Chinese President Xi Jinping on trade, the Iran war, and other key issues. The visit underscores the importance both nations place on their relationship amid ongoing tensions.

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.

Mohan Yadav Predicts BJP Government In West Bengal

Mohan Yadav Predicts BJP Government In West Bengal

Rediff.com29 Apr 2026

Madhya Pradesh Chief Minister Mohan Yadav has expressed confidence that the BJP will form a government in West Bengal, praising Prime Minister Narendra Modi's leadership and citing high voter turnout as a sign of public trust.

Iran gives fresh proposal as Trump 'still not satisfied'

Iran gives fresh proposal as Trump 'still not satisfied'

Rediff.com3 May 2026

Iran has presented a multi-layered proposal to the US in an attempt to break the deadlock in peace talks, focusing on de-escalation and nuclear programme discussions.

Sterlite Technologies To Boost US Manufacturing With $100 Million Investment

Sterlite Technologies To Boost US Manufacturing With $100 Million Investment

Rediff.com6 May 2026

Sterlite Technologies plans to invest up to USD 100 million in the US to strengthen its manufacturing capacity for AI data centres and telecom customers.

Why govt cannot disclose Russian oil import data

Why govt cannot disclose Russian oil import data

Rediff.com26 Apr 2026

The Petroleum Planning and Analysis Cell (PPAC) has denied an RTI request for data on oil imports from Russia, citing its 'commercial and confidential' nature and exemptions under the RTI Act. The Central Information Commission supported this decision, referencing strategic and economic interests.

Fadnavis unveils 'missing link' on Mumbai-Pune Expressway amid massive jams

Fadnavis unveils 'missing link' on Mumbai-Pune Expressway amid massive jams

Rediff.com1 May 2026

Maharashtra's Chief Minister inaugurated the 'Missing Link' project on the Mumbai-Pune Expressway, designed to bypass a steep mountain pass, reduce travel time, and boost economic activity.

Increasing strength of Parliament to 850 a 'joke': Tharoor

Increasing strength of Parliament to 850 a 'joke': Tharoor

Rediff.com11 May 2026

Congress leader Shashi Tharoor criticised the proposal to increase the Lok Sabha's strength to 850, while BJP leaders defended delimitation as a democratic necessity at the Stanford India Conference 2026.

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

Rediff.com3 May 2026

Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.

How Akeal Hosein's strategy removed Rahul, stalled DC

How Akeal Hosein's strategy removed Rahul, stalled DC

Rediff.com6 May 2026

Akeal Hosein explains his strategy to dismiss KL Rahul and highlights powerplay discipline as Chennai Super Kings beat Delhi Capitals in the Indian Premier League.