News for 'Economic Weekly'

How the markets will fare this week

How the markets will fare this week

Rediff.com7 Apr 2024

Global trends, macroeconomic data announcements and the start of the earnings season would be the major drivers for the equity markets in a holiday-shortened week, analysts said. Equity markets will remain closed on Thursday for Eid-Ul-Fitr. Trading activity of foreign investors, rupee-dollar trends and crude oil prices would also guide trends in markets.

Modi-Yunus meeting likely at BIMSTEC Summit in Bangkok

Modi-Yunus meeting likely at BIMSTEC Summit in Bangkok

Rediff.com2 Apr 2025

There is a "high possibility" of a meeting between Bangladesh Chief Adviser Muhammad Yunus and Prime Minister Narendra Modi on the sidelines of the BIMSTEC Summit in Bangkok, a senior official said. The meeting comes amid strained ties between the two countries, marked by India's concerns over violence against Hindus and a rise of hardline Islamist forces in Bangladesh. Yunus's recent comments about India's northeastern states being landlocked and Bangladesh being the "only guardian of the ocean" in the region have drawn sharp reactions from Indian politicians. However, a Bangladesh official insists that Yunus's statement was misinterpreted.

Market crash wipes out Rs 14 lakh cr from investors kitty

Market crash wipes out Rs 14 lakh cr from investors kitty

Rediff.com7 Apr 2025

Dalal Street investors were a poorer lot on Monday as their wealth eroded sharply by Rs 14 lakh crore following a sharp decline in benchmark indices amid a global market meltdown due to recession fears. The 30-share BSE Sensex tumbled 2,226.79 points or 2.95 per cent to settle at 73,137.90. Intra-day, the benchmark slumped 3,939.68 points or 5.22 per cent to 71,425.01.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Apr 2024

Quarterly earnings from corporates, the US Fed interest rate decision and other global trends will be the major driving factors for determining movement in the domestic equity market in a holiday-shortened week ahead, analysts said. Besides, factors like trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also influence trading.

Factors that wll dictate markets this week

Factors that wll dictate markets this week

Rediff.com4 Feb 2024

Stock markets will be driven by quarterly earnings by index majors, global trends and the RBI's interest rate decision this week after digesting news on budget proposals and US Federal policy outcome, say analysts. The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities. "On the domestic front, the MPC (Monetary Policy Committee) meeting is scheduled from February 6-8.

Pak a threat to humanity: Owaisi's message to world as delegation member

Pak a threat to humanity: Owaisi's message to world as delegation member

Rediff.com17 May 2025

He added, "You can never trust Pakistan as long as the Pakistani deep state, Pakistani ISI, Pakistani military's objective is to destabilise Bharat."

Traditional ties with US are over: Canadian PM's big remark

Traditional ties with US are over: Canadian PM's big remark

Rediff.com28 Mar 2025

In a dramatic shift in Canada's foreign policy, Prime Minister Mark Carney on Thursday declared that the long-standing economic and security relationship between Canada and the United States has ended, responding to US President Donald Trump's announcement of new auto tariffs that could severely impact Canada's economy, Politico reported.

Yunus to stay on as Bangladesh interim chief, says adviser

Yunus to stay on as Bangladesh interim chief, says adviser

Rediff.com24 May 2025

The chief adviser's decision to stay in office came two days after he told student-led National Citizen Party (NCP) leaders that he was mulling resignation as he felt "the situation is such that he cannot work", citing difficulties in working amid the failure of political parties to find common ground for change.

They're Hip, They're Young And They Love Fashion

They're Hip, They're Young And They Love Fashion

Rediff.com21 Apr 2025

These fashion-forward youngsters are redefining style.

India's concerns force cancellation of Pak-Lanka naval drill in Trincomalee

India's concerns force cancellation of Pak-Lanka naval drill in Trincomalee

Rediff.com18 Apr 2025

India's concerns over a planned naval exercise between Pakistan and Sri Lanka in the strategically important waters of Trincomalee led to the shelving of the drills weeks ago. The exercise was planned as part of regular engagements between the two navies, but India expressed its apprehensions to the Sri Lankan government. Trincomalee, situated on Sri Lanka's northeastern coast, is considered a significant hub in the Indian Ocean region, particularly for India's maritime security interests. The Pakistani Navy's close cooperation with China's PLA Navy has raised concerns in New Delhi about any Pakistani warship presence in Trincomalee. This incident follows previous diplomatic rows between India and Sri Lanka over the docking of Chinese vessels at Sri Lankan ports. India has been actively supporting Sri Lanka's development of Trincomalee's energy infrastructure and has recently signed a defense pact with the country to boost military cooperation.

India, China set to resume Mansarovar yatra; agree on flight services

India, China set to resume Mansarovar yatra; agree on flight services

Rediff.com18 Apr 2025

India is preparing to resume the Kailash Mansarovar Yatra, a pilgrimage to Mount Kailash in Tibet, after a three-year hiatus. The decision comes as part of efforts to improve relations between India and China, which have been strained since a military standoff in 2020. The two countries have also agreed in principle to resume flight services between them.

Sitharaman on how India will remain an engine of growth despite Trump's tariff

Sitharaman on how India will remain an engine of growth despite Trump's tariff

Rediff.com8 Apr 2025

The resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade landscape as a result of US tariffs, Finance Minister Nirmala Sitharaman said in London on Tuesday.

'Pakistan's Retaliation Will Invite More Indian Attacks'

'Pakistan's Retaliation Will Invite More Indian Attacks'

Rediff.com9 May 2025

'The Pakistani State has to realise that the pigeons have come home to roost.'

India, Sri Lanka to ink major defence pact 40 yrs after IPKF intervention

India, Sri Lanka to ink major defence pact 40 yrs after IPKF intervention

Rediff.com29 Mar 2025

The two sides are also likely to firm up a currency swap framework and seal several other agreements including one on debt restructuring following talks between Modi and Sri Lankan President Anura Kumara Disanayaka on April 5, people familiar with the matter said.

US, Ukraine finally sign rare earth minerals deal

US, Ukraine finally sign rare earth minerals deal

Rediff.com1 May 2025

The United States and Ukraine have signed an 'economic partnership agreement,' giving Washington, DC access to Ukraine's rare earth minerals in return for creating an investment fund in the country, CNN reported.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com24 Mar 2024

Stock markets would be driven by global trends and foreign investors' trading activity in the holiday-shortened week, analysts said adding that key equity indices may face volatile trends amid the monthly derivatives expiry on Thursday. This week markets will have just three trading sessions. Equity markets will remain closed on Monday for Holi and on Friday for Good Friday. "This week will be shorter due to market closure on both Monday for Holi and Friday for Good Friday.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com11 Feb 2024

Stock markets would take cues from the upcoming macroeconomic data announcements and global trends besides keeping a watch on the trading activity of foreign investors, analysts said. The last batch of the ongoing earnings calendar would trigger stock-specific action, traders said. "This week, we have to deal with macroeconomic data on both the domestic and global front.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

DGP stepfather of Ranya Rao sent on compulsory leave

DGP stepfather of Ranya Rao sent on compulsory leave

Rediff.com15 Mar 2025

Kannada actress Ranya Rao's stepfather, Director General of Police Ramchandra Rao, has been sent on compulsory leave.

Before Pahalgam massacre, intel warned of attack on tourists in Srinagar

Before Pahalgam massacre, intel warned of attack on tourists in Srinagar

Rediff.com3 May 2025

Days before the deadly terror attack in Pahalgam, intelligence agencies had flagged the potential targeting of tourists especially those staying in hotels on the outskirts of Srinagar in the foothills of the Zabarwan range, officials in the know said Saturday.

'In a way the India-Pakistan war is already on'

'In a way the India-Pakistan war is already on'

Rediff.com26 Apr 2025

'Pakistan cannot sustain a war with India for more than four days. They are in such dire straits. At best they can sustain war for one week.'

India stands ready to offer all possible aid: Modi on tremor

India stands ready to offer all possible aid: Modi on tremor

Rediff.com29 Mar 2025

"Concerned by the situation in the wake of the Earthquake in Myanmar and Thailand. Praying for the safety and wellbeing of everyone," Modi said on X.

How will the markets fare this week

How will the markets fare this week

Rediff.com14 Apr 2024

Geopolitical events, macroeconomic data and quarterly earnings of corporates would guide the stock market in a holiday-shortened week ahead, analysts said. Stock markets will remain closed on Wednesday for Ram Navami. "This week promises to be crucial for the market as fresh worries about a potential conflict between Iran and Israel emerge.

How India's agri sector can tackle US tariffs

How India's agri sector can tackle US tariffs

Rediff.com10 Apr 2025

India's policy for agriculture trade must move commodity-by-commodity to gain maximum benefits as US President Donald Trump's 26 per cent tariff on exports from the country take effect, said agriculture economist Ashok Gulati in a recent policy paper.

Tariff threats spook markets; Sensex tanks 1414 points

Tariff threats spook markets; Sensex tanks 1414 points

Rediff.com28 Feb 2025

Mahindra & Mahindra, Bharti Airtel, Infosys, Tata Motors, Titan, Tata Consultancy Services, Nestle and Maruti were also among the major laggards. HDFC Bank emerged as the only gainer from the pack.

Modi reaches Colombo, 10 ambitious outcomes expected

Modi reaches Colombo, 10 ambitious outcomes expected

Rediff.com4 Apr 2025

Prime Minister Narendra Modi's visit to Sri Lanka is expected to yield at least 10 ambitious outcomes, including a defense cooperation agreement and frameworks for deeper engagement in the energy sector. The visit comes at a time when Sri Lanka is recovering from an economic crisis, with India providing significant financial assistance. Modi and Sri Lankan President Anura Kumara Dissanayake will also dedicate several projects built with India's assistance and virtually inaugurate the Sampur solar energy project.

'Pro-Mamata Sentiment Among Muslims Is A Reality'

'Pro-Mamata Sentiment Among Muslims Is A Reality'

Rediff.com21 Apr 2025

'Mamata needs to address the anger and resentment among various sections of the Hindu community because low-scale communal violence has always paid richer electoral dividends for the BJP.'

'China Was Single Most Important External Factor In This Conflict'

'China Was Single Most Important External Factor In This Conflict'

Rediff.com15 May 2025

'Every decision India makes along the LoC, it must also consider implications along the LAC.'

Action And Drama On OTT This Week

Action And Drama On OTT This Week

Rediff.com2 Aug 2024

There are a whole lot of cop-themed movies on OTT this week.

US Vice Prez Vance, NSA Waltz to visit India on April 21 amid tariff war

US Vice Prez Vance, NSA Waltz to visit India on April 21 amid tariff war

Rediff.com12 Apr 2025

US Vice President J D Vance and National Security Adviser Michael Waltz are scheduled to visit India on April 21, reflecting Washington's focus on strengthening its relationship with India amidst global concerns over President Donald Trump's tariff policy. Vance's visit is likely to be more of a private trip, while Waltz's visit will be a business trip with discussions on security in the Indo-Pacific region, high technology, critical minerals, and export controls. Both are expected to meet Prime Minister Narendra Modi before his trip to Saudi Arabia. The visits come in the wake of Trump's recent pause on tariffs on all countries except China, following widespread economic concerns.

Navy Seeks To Build Bonds With African Nations

Navy Seeks To Build Bonds With African Nations

Rediff.com26 Mar 2025

The maiden Africa India Key Maritime Engagement exercise will be held from April 13 to 18 off the coast of Dar es Salaam, Tanzania.

'India Missed Opportunity To Take Back Parts Of PoK'

'India Missed Opportunity To Take Back Parts Of PoK'

Rediff.com14 May 2025

'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'

The Lady Who Bought Husain Painting For Rs 118 Cr

The Lady Who Bought Husain Painting For Rs 118 Cr

Rediff.com21 Mar 2025

Meet Kiran Nadar, bridge champion, art collector, do gooder.

'There Was Something Beautiful About The Two People'

'There Was Something Beautiful About The Two People'

Rediff.com21 May 2025

'In a world which is full of categories, hatred and ideologies, there was this basic decency.'

'Jiostar's Content Library Is Larger Than Netflix'

'Jiostar's Content Library Is Larger Than Netflix'

Rediff.com21 Apr 2025

'As you're watching the IPL live, there's a conscious effort to showcase the entertainment portfolio.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Mar 2024

Stock markets would take cues from the biggest event of the week -- the US Fed interest rate decision, besides tracking the trends in global markets and trading activity of foreign investors, analysts said. Last week, a heavy decline in smallcap, midcap firms, foreign fund outflows and elevated crude oil prices in the international market dented investors' sentiments. Experts said equity markets may remain volatile in the near-term amid a host of global central bank's monetary policy decisions lined up during the week.

Will US Host India-Pakistan Talks In Washington?

Will US Host India-Pakistan Talks In Washington?

Rediff.com15 May 2025

Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

'No Woman Feels Safe In Maharashtra And India Today'

'No Woman Feels Safe In Maharashtra And India Today'

Rediff.com11 Mar 2025

'Cases of molestation and rape are reaching the doorstep of households irrespective of their socio-economic status. That's the extent to which criminals are feeling emboldened today.'

Should depositors put money in co-operative banks?

Should depositors put money in co-operative banks?

Rediff.com18 Feb 2025

The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay Seth on Monday. "Co-operative banks in the country are generally quite robust, and the RBI takes regulatory action whenever issues arise.