News for 'Economic Update'

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

Thane Company Directors Accused of Rs 4.31 Crore Investment Fraud

Thane Company Directors Accused of Rs 4.31 Crore Investment Fraud

Rediff.com17 Apr 2026

Police in Thane, Maharashtra, have registered a case against a company and its directors for allegedly defrauding investors of over Rs 4.31 crore through various investment schemes.

Rahul Gandhi Slams Modi, Mamata For Allegedly Ignoring The Poor

Rahul Gandhi Slams Modi, Mamata For Allegedly Ignoring The Poor

Rediff.com25 Apr 2026

Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi and West Bengal Chief Minister Mamata Banerjee, accusing them of favouring the wealthy over the poor and prioritising power.

Economic Survey says US tariffs are 'most disruptive' in global economy

Economic Survey says US tariffs are 'most disruptive' in global economy

Rediff.com29 Jan 2026

India must focus on building enduring national capabilities and economic sovereignty in the face of shrinking space for rules-based trading, anti-immigrant stance, weaponization of energy sources and growing use of export controls in critical sectors, the Economic Survey said on Thursday.

Why India's Next Wave Of Startups Should Focus On Deep Tech

Why India's Next Wave Of Startups Should Focus On Deep Tech

Rediff.com28 Apr 2026

Infosys co-founder Kris Gopalakrishnan urges Indian startups to focus on deep technology and advanced manufacturing to ensure strategic autonomy.

Mangaluru Man Duped Of Rs 2.07 Crore In 'Digital Arrest' Scam

Mangaluru Man Duped Of Rs 2.07 Crore In 'Digital Arrest' Scam

Rediff.com26 Apr 2026

A 61-year-old man from Mangaluru was allegedly cheated of Rs 2.07 crore by cyber fraudsters posing as officials of central investigative agencies in a 'digital arrest' scam, police said.

Why is it necessary for a Commodity trader to track metal prices daily?

Why is it necessary for a Commodity trader to track metal prices daily?

Rediff.com21 Apr 2026

Commodity markets, especially the metals, are among the most volatile segments of the Indian financial ecosystem. To traders involved in commodity trading, it is not only helpful to keep track of the daily price changes but also necessary to make informed trading decisions. Commodities like gold, silver, copper, and aluminium react to many different factors, which makes it imperative for commodity traders to watch out for metal prices every day.

How India's Digital Infrastructure Can Boost GDP By 2030

How India's Digital Infrastructure Can Boost GDP By 2030

Rediff.com27 Apr 2026

A NITI Aayog report indicates that India's digital public infrastructure (DPI) initiatives are projected to contribute significantly to the nation's GDP, potentially reaching 4 per cent by 2030.

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

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

Rediff.com15 Apr 2026

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.

Exporters' body flags rising freight costs, seeks liquidity help from RBI

Exporters' body flags rising freight costs, seeks liquidity help from RBI

Rediff.com18 Apr 2026

The Federation of Indian Export Organisations (FIEO) has appealed to the Reserve Bank of India (RBI) for liquidity support to Indian exporters, citing a significant increase in freight costs and extended payment cycles due to the ongoing West Asia conflict.

Oil price crash as Iran reopens Strait of Hormuz, easing 'war-risk' premium

Oil price crash as Iran reopens Strait of Hormuz, easing 'war-risk' premium

Rediff.com17 Apr 2026

Global energy markets saw a significant correction as oil prices nosedived following Iran's announcement that the Strait of Hormuz has been fully reopened, dismantling the 'war-risk' premium that had gripped the market.

India-made cars now popular across global markets: Economic Survey

India-made cars now popular across global markets: Economic Survey

Rediff.com29 Jan 2026

Rising automobile exports are reflective of the increasing acceptance of India-manufactured vehicles across global markets, according to Economic Survey 2025-26.

Vikash Lohia Tops Hurun Successors List

Vikash Lohia Tops Hurun Successors List

Rediff.com23 Apr 2026

Karan Adani of Adani Ports & Special Economic Zone emerged as the top absolute value creator, adding Rs 2.67 trillion as the company's mcap rose from Rs 42,149 crore in March 2020 to Rs 3.09 trillion in March 2026 (7.3x) -- the largest rupee addition on the list.

Jio Financial formalises general insurance foray with Allianz

Jio Financial formalises general insurance foray with Allianz

Rediff.com23 Apr 2026

Jio Financial Services and Munich-based Allianz Group have signed a binding agreement to establish a 50:50 joint venture for general and health insurance in India, building on an earlier reinsurance partnership.

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

Rediff.com22 Apr 2026

India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.

India's Forex Reserves Surge Past $703 Billion

India's Forex Reserves Surge Past $703 Billion

Rediff.com24 Apr 2026

India's foreign exchange reserves increased by USD 2.362 billion to reach USD 703.308 billion for the week ending April 17, as reported by the Reserve Bank of India (RBI).

Bhutan's Huge Crypto Gamble, India And China Watching

Bhutan's Huge Crypto Gamble, India And China Watching

Rediff.com16 Apr 2026

Is Bhutan merely experimenting with digital finance -- or is the Himalayan kingdom punching far above its weight, quietly playing one of the most sophisticated strategic games in Asia today? asks Varun Arya.

Amit Shah Promises To End Infiltration If BJP Wins Bengal

Amit Shah Promises To End Infiltration If BJP Wins Bengal

Rediff.com23 Apr 2026

Union Home Minister Amit Shah asserted that the BJP would not allow any intruders into West Bengal if they win the state election, and would selectively root out illegal immigrants already present.

Retired Teacher And Wife Allegedly End Lives In Assam

Retired Teacher And Wife Allegedly End Lives In Assam

Rediff.com22 Apr 2026

A retired teacher and his wife allegedly died by suicide in Kalaigaon, Assam, due to financial hardships and prolonged illness, according to a note they left behind.

Why Modi Gave More Powers To The Enforcement Directorate

Why Modi Gave More Powers To The Enforcement Directorate

Rediff.com1 May 2026

Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.

38 ships turned back as US tightens Iran blockade; Tehran rushes to Moscow

38 ships turned back as US tightens Iran blockade; Tehran rushes to Moscow

Rediff.com27 Apr 2026

The United States Central Command (CENTCOM) has announced that American forces are maintaining a strict maritime restrictive operation in the region, continuing to enforce a blockade against Iranian ports.

Saini Criticises Punjab's Instability, Pledges Haryana's Industrial Advancement

Saini Criticises Punjab's Instability, Pledges Haryana's Industrial Advancement

Rediff.com1 May 2026

Haryana Chief Minister Nayab Singh Saini criticises the AAP-led Punjab government for political instability and lack of industrial development, while promoting Haryana's investor-friendly policies and industrial growth initiatives.

Financial Crimes Decline Due To Agency Action: ED

Financial Crimes Decline Due To Agency Action: ED

Rediff.com1 May 2026

The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.

Commercial LPG, 5-kg cylinders see steepest-ever hike in prices

Commercial LPG, 5-kg cylinders see steepest-ever hike in prices

Rediff.com1 May 2026

Aviation fuel prices for domestic airlines remain unchanged, providing stability for local carriers, while commercial LPG and 5-kg cylinders see a significant rate hike due to rising international energy costs.

Tax Official Sentenced to Jail for Accepting Bribe to Process TDS Refund

Tax Official Sentenced to Jail for Accepting Bribe to Process TDS Refund

Rediff.com16 Apr 2026

A senior tax assistant in the Income Tax department was sentenced to six months in jail and fined Rs 4000 in a bribery case by a special CBI court in Thane.

Court denies bail to I-PAC co-founder in money laundering case

Court denies bail to I-PAC co-founder in money laundering case

Rediff.com29 Apr 2026

A Delhi court rejected I-PAC co-founder Vinesh Chandel's interim bail plea in a money-laundering case linked to an alleged coal scam, citing a lack of exceptional humanitarian grounds.

Woman Allegedly Killed By Husband In Palghar's Virar

Woman Allegedly Killed By Husband In Palghar's Virar

Rediff.com21 Apr 2026

A woman was allegedly killed by her husband at a construction site in Virar, Palghar district. The accused is on the run with his second wife and children. The victim and accused were migrant labourers from Bihar.

Indian exporters may not get US tariff refunds

Indian exporters may not get US tariff refunds

Rediff.com30 Apr 2026

Indian exporters are unlikely to receive direct tariff refunds from the US's $166 billion payout, but the rollback of reciprocal duties is enhancing their pricing power and improving order prospects, particularly in textiles, apparel, and engineering goods.

Patriot Review: Mammootty-Mohanlal's Power-Packed Combo In A Grounded Thriller

Patriot Review: Mammootty-Mohanlal's Power-Packed Combo In A Grounded Thriller

Rediff.com2 May 2026

Mahesh Narayanan's Patriot is a cerebral spy thriller that delves into the weaponisation of digital surveillance against civilians and the targeting of whistleblowers, featuring Mammootty, Mohanlal, and Fahadh Faasil.

HUL Reports 21% Jump in Q4 Profit to Rs 2,994 Crore, Driven by Strong Volume Growth and Strategic Divestment

HUL Reports 21% Jump in Q4 Profit to Rs 2,994 Crore, Driven by Strong Volume Growth and Strategic Divestment

Rediff.com30 Apr 2026

FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.

IPL 2026, GT vs RCB: Gujarat Titans stave off Royal Challengers fightback for 5th win

IPL 2026, GT vs RCB: Gujarat Titans stave off Royal Challengers fightback for 5th win

Rediff.com1 May 2026

Skipper Shubman Gill and Jos Buttler played useful knocks to help Gujarat Titans chase down defending champions Royal Challengers Bengaluru's modest total, securing a four-wicket win in their Indian Premier League match in Ahmedabad on Thursday.

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

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

Rediff.com15 Apr 2026

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.

How Vizag Is Set To Anchor India's AI-Driven Digital Future

How Vizag Is Set To Anchor India's AI-Driven Digital Future

Rediff.com28 Apr 2026

Adani Group Director Jeet Adani and Bharti Enterprises Vice Chairman Rakesh Bharti Mittal highlighted the importance of infrastructure, energy, and connectivity in shaping India's AI ecosystem, emphasising Visakhapatnam's potential as a major digital gateway.

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Rediff.com22 Apr 2026

Shares of Indian life insurance companies, particularly SBI Life Insurance and Canara HSBC Life Insurance, saw significant declines after the Department of Financial Services (DFS) secretary, M Nagaraju, stated that banks are being asked to avoid exclusive tie-ups with their own insurance subsidiaries and instead remain neutral.

Nine Killed In Militant Attack At Balochistan Mine

Nine Killed In Militant Attack At Balochistan Mine

Rediff.com23 Apr 2026

Nine workers were killed in an attack by militants on a copper and gold mine site in Pakistan's Balochistan province.

Two Arrested For Real Estate Fraud Linked To Dhirendra Shastri Ashram

Two Arrested For Real Estate Fraud Linked To Dhirendra Shastri Ashram

Rediff.com24 Apr 2026

Gurugram police have arrested two individuals, including a director of an infra firm, for allegedly defrauding investors through fake real estate projects linked to Dhirendra Shastri's 'Aparna Ashram' in Silokhera village.

Why Did India Not Stop The War?

Why Did India Not Stop The War?

Rediff.com16 Apr 2026

India is one of the few nations, and perhaps the only nation, that has good relations with America, Israel and Iran. Knowing that a war in the Gulf would damage our economy, hurt supply of fertilisers and fuel, and cause general chaos, we should have tried to ensure this war did not begin, asserts Aakar Patel.

'Unacceptable': India on attacks on ships in Strait of Hormuz

'Unacceptable': India on attacks on ships in Strait of Hormuz

Rediff.com17 Apr 2026

India has expressed strong concern over the targeting of commercial shipping in the Strait of Hormuz during the West Asia conflict, urging for the restoration of unimpeded navigation and global commerce.

Two Arrested For Real Estate Fraud Linked To Ashram

Two Arrested For Real Estate Fraud Linked To Ashram

Rediff.com24 Apr 2026

Gurugram police have arrested two individuals, including a director of an infra firm, for allegedly defrauding investors through fake real estate projects connected to Dhirendra Shastri's 'Aparna Ashram'.

'Give priority to Hindus in jobs': Maha min flags 'corporate jihad'

'Give priority to Hindus in jobs': Maha min flags 'corporate jihad'

Rediff.com16 Apr 2026

Maharashtra minister Nitesh Rane sparks controversy by alleging 'corporate jihad' and urging companies to prioritise hiring Hindu candidates to combat perceived religious conversion efforts.