News for 'Economic Weekly'

'Don't Panic! India Is An Oasis Of Calm!'

'Don't Panic! India Is An Oasis Of Calm!'

Rediff.com8 Aug 2024

'The structural story of India is a multi-decadal story.' 'One should stay invested in that story and avoid reacting to what is happening globally.'

UK polls: Sunak, rival Starmer hit temple trail to woo British Hindu voters

UK polls: Sunak, rival Starmer hit temple trail to woo British Hindu voters

Rediff.com2 Jul 2024

While 44-year-old Sunak was at the BAPS Shri Swaminarayan Mandir in Neasden on Sunday to promise to keep trying to "make the community proud", 61-year-old Starmer chose another north London Swaminarayan Temple in Kingsbury on Friday to reiterate his commitment to building a "strategic partnership with India".

Crisis-hit Sri Lanka lifts state of emergency after 2 weeks

Crisis-hit Sri Lanka lifts state of emergency after 2 weeks

Rediff.com21 May 2022

Embattled Sri Lankan President Gotabaya Rajapaksa had declared a state of emergency with effect from May 6 midnight, the second time in just over a month amidst growing countrywide anti-government protests over the economic crisis.

Budget 2024: Gold prices crash by Rs 3,350

Budget 2024: Gold prices crash by Rs 3,350

Rediff.com23 Jul 2024

Gold prices tumbled by Rs 3,350 to Rs 72,300 per 10 grams in the local market in New Delhi on Tuesday amid subdued demand by jewellers after the government announced the customs duty cut on the yellow metal and silver to 6 per cent.

B'desh crisis: 'India will have to be very vigilant on border'

B'desh crisis: 'India will have to be very vigilant on border'

Rediff.com6 Aug 2024

'Everyone in Dhaka today is aware that that they need good relations, normal relations with India, but the question... but it's premature to think about that now, right now it is a crisis moment'

Unemployment rate dips to 3.1% in 2023

Unemployment rate dips to 3.1% in 2023

Rediff.com5 Mar 2024

Unemployment rate for persons aged 15 years or above declined to 3.1 per cent in 2023, the lowest in the last three years, as per a report of National Sample Survey Organisation under the statistics ministry. According to Periodic Labour Force Survey (PLFS) for calender year 2023, the unemployment rate came down to 3.1 per cent in 2023 from 3.6 per cent in 2022 and 4.2 per cent in 2021. Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force.

Sri Lanka declares emergency amidst protests over economic crisis

Sri Lanka declares emergency amidst protests over economic crisis

Rediff.com2 Apr 2022

Sri Lanka has also imposed a police curfew in Western Province for six hours.

India The Diplomatic Ambassador In Global Crises

India The Diplomatic Ambassador In Global Crises

Rediff.com16 Sep 2024

Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.

'Ananya Gives It Her 100%'

'Ananya Gives It Her 100%'

Rediff.com10 Sep 2024

'In anything in life, privilege helps.' 'Privilege means access. Access means connections.' 'Does it help? Of course, it does. In whatever you do.'

'BJP Takes Electorate For Granted In Its Arrogance'

'BJP Takes Electorate For Granted In Its Arrogance'

Rediff.com1 Jun 2024

'The ceaseless process of privatisation is shrinking the space of reservation.' 'Where will reservation go if you keep privatising?'

Omicron adds new uncertainties to global economic outlook: Moody's

Omicron adds new uncertainties to global economic outlook: Moody's

Rediff.com29 Nov 2021

The Omicron variant of Covid-19 adds new uncertainties to the global economic outlook but much will depend on its speed of transmission, hospitalisation and death rates, and also the effectiveness of vaccines, Moody's Analytics said on Monday. In its commentary titled 'Much to Learn About Omicronast', Moody's Analytics said although the variant appears to spread "remarkably quickly", it will be at least two more weeks before more will be known about this new variant. "The Omicron variant of COVID-19 adds new measures of uncertainty to the outlook for the global economy, although it is too soon to adequately quantify that risk.

How To Curb Speculation In F&Os

How To Curb Speculation In F&Os

Rediff.com13 Jul 2024

'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.

Amazon funding religious conversions in north-east, charges RSS weekly Organiser

Amazon funding religious conversions in north-east, charges RSS weekly Organiser

Rediff.com15 Nov 2022

RSS-linked weekly Organiser has accused US e-commerce giant Amazon of financing a "Christian conversion module" in India's northeastern states and being involved in suspected money laundering.

Accelerated vaccination best bet for economic recovery

Accelerated vaccination best bet for economic recovery

Rediff.com2 Jul 2021

Only vaccinations can eliminate the threat of new waves, help raise sentiments and allow sellers and buyers to participate aggressively in the much awaited economic recovery, observes Mahesh Vyas.

Blow to Imran Khan as Pak govt to ban his party for anti-state activities

Blow to Imran Khan as Pak govt to ban his party for anti-state activities

Rediff.com15 Jul 2024

Khan, 71, has been lodged at the Adiala Jail in Rawalpindi on account of multiple cases against him.

Inflation data, global trends to guide markets this week

Inflation data, global trends to guide markets this week

Rediff.com12 Sep 2021

Inflation data and global trends would be the major driving factors for the equity markets this week which after a record-breaking run took a breather in recent trades, analysts said. The overall market sentiment remains positive, supported by improving economic data and earnings but higher valuations can trigger bouts of profit booking, they said further. During the last week, which the 30-share BSE benchmark rose by 175.12 points or 0.30 per cent.

What new UK PM Keir Starmer's win means for India

What new UK PM Keir Starmer's win means for India

Rediff.com5 Jul 2024

'What my Labour government will seek with India is a relationship based on our shared values of democracy and aspiration. That will seek a free trade agreement (FTA), we share that ambition, but also a new strategic partnership for global security, climate security, economic security'

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

UPSC cracks down on IAS officer Puja Khedkar, files FIR for forgery

UPSC cracks down on IAS officer Puja Khedkar, files FIR for forgery

Rediff.com19 Jul 2024

Khedkar, a 2023 batch Indian Administrative Service officer, was accused of misusing power and privileges during her training in Pune recently.

How markets will fare this week

How markets will fare this week

Rediff.com31 Oct 2021

The Fed interest rate decision, domestic macroeconomic data announcements and quarterly earnings will be the major sentiment drivers for the equity market in a holiday-shortened week ahead, analysts said. Investors will also take cues from the monthly auto sales numbers to be announced on Monday. Equity markets will remain closed on Thursday for Diwali Laxmi Pujan and on Friday for Diwali Balipratipada.

ED to quiz J'khand minister Alamgir Alam after Rs 37-cr cash seizure

ED to quiz J'khand minister Alamgir Alam after Rs 37-cr cash seizure

Rediff.com12 May 2024

Alamgir Alam had distanced himself from the activities of Lal while speaking to reporters after the ED raids, pointing out that he had earlier served with other ministers of the state government too.

Budget: Time To Bet On Big Ideas

Budget: Time To Bet On Big Ideas

Rediff.com16 Jul 2024

The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.

NEET row: NTA DG shunted out; Centre orders CBI probe

NEET row: NTA DG shunted out; Centre orders CBI probe

Rediff.com23 Jun 2024

The Centre on Saturday night announced that the probe into alleged irregularities in the medical entrance exam NEET will be handed over to the CBI for a comprehensive investigation.

US-India 2+2 meet, maritime security dialogue to be held in Delhi next week

US-India 2+2 meet, maritime security dialogue to be held in Delhi next week

Rediff.com4 Sep 2022

The delegation visiting India during September 5-8 will be led by assistant secretary of state for South and Central Asian affairs Donald Lu.

3 major drivers for the markets this week

3 major drivers for the markets this week

Rediff.com11 Jul 2021

Quarterly earnings from IT majors Infosys and Wipro, macroeconomic data announcements and global cues would be the major drivers for the equity markets this week, said analysts. Leading IT companies Infosys and Wipro and other players such as Mindtree, Tata Elxsi and HDFC AMC would announce their financial results this week. Moreover, industrial production numbers, retail and wholesale inflation data would be released this week.

Will Budget Cause Trouble For Modi?

Will Budget Cause Trouble For Modi?

Rediff.com29 Jul 2024

'Union Budgets are often used as political instruments and that was the intention of this government too.' 'But while the exercise has settled two fronts, it has left open several others and this has the potential to aggravate with time,' predicts Nilanjan Mukhopadhyay.

Global trends, FIIs to drive stock markets this week

Global trends, FIIs to drive stock markets this week

Rediff.com4 Sep 2022

In the absence of major domestic events, equity markets will be driven by global trends, foreign fund flows and movement in the Brent crude oil, analysts said. The major global events this week are the European Central Bank interest rate decision and China's inflation rate, they added. "Indian equity markets are outperforming most of their global peers and trying to show resilience despite weak global cues.

First time in two decade, currency in circulation declines in Diwali week

First time in two decade, currency in circulation declines in Diwali week

Rediff.com3 Nov 2022

The currency in circulation (CIC) declined by Rs 7,600 crore in the Diwali week, making it the first such happening in two decades, a report said on Thursday. This was made possible courtesy of a greater reliance on digital payments by people, the report by economists at SBI said, adding that the Indian economy is undergoing a structural transformation at present. They clarified that the Diwali week in 2009 had also witnessed a marginal Rs 950 crore decline in currency in circulation, but that was purely due to the economic slowdown amid the global financial crisis.

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

Remembering Sushmaji's Twitter Diplomacy

Remembering Sushmaji's Twitter Diplomacy

Rediff.com24 Jun 2024

Ms Swaraj was a conscientious woman who understood suffering and pathos and attempted in her inimitable way to mitigate them, recalls Rup Narayan Das.

Next NDA Meeting May Propose Bihar Package

Next NDA Meeting May Propose Bihar Package

Rediff.com6 Jun 2024

'There is also a possibility that Andhra Pradesh may demand a similar package. But as of now, we are only working on a package for Bihar.'

Markets rally make investors richer by Rs 10.58 lakh cr in three days

Markets rally make investors richer by Rs 10.58 lakh cr in three days

Rediff.com1 Apr 2024

Investors' wealth soared by Rs 10.58 lakh crore in three days of the market rally, where the BSE benchmark jumped over 2 per cent, and hit an all-time high on Monday. Extending its winning momentum to the third day running, the 30-share BSE Sensex jumped 363.20 points or 0.49 per cent to settle at 74,014.55. During the day, it zoomed 603.27 points or 0.81 per cent to hit its record high of 74,254.62.

Pak launches communication satellite, 2nd in a month, with China's help

Pak launches communication satellite, 2nd in a month, with China's help

Rediff.com31 May 2024

The multi-mission communication satellite, also known as PAKSAT MM1, was launched from the Xichang Satellite Launch Center in China's southwestern province of Sichuan, China's state-run Xinhua news agency reported.

45 arrested for violent protests outside Lankan Prez house over economic crisis

45 arrested for violent protests outside Lankan Prez house over economic crisis

Rediff.com1 Apr 2022

"No petrol, no gas, no milk powder, no electricity", "Go home Gota", placard carrying protestors were then seen walking towards the Rajapaksa private residence in Colombo at Pangiriwatte Lane.

Putin's North Korea Gamble

Putin's North Korea Gamble

Rediff.com26 Jun 2024

Russia's unprecedented rapprochement with North Korea has raised concerns about the re-emergence of a Russia-China-North Korea alliance which could increase the probability of conflict on the Korean Peninsula, explains Dr Rajaram Panda.

UP sub-station fire leaves Delhi 'powerless' for 1 hour, homes of LG, CM hit

UP sub-station fire leaves Delhi 'powerless' for 1 hour, homes of LG, CM hit

Rediff.com11 Jun 2024

Power distribution company officials said several areas, largely in central and east Delhi, were affected due to the failure. Some areas in north Delhi also faced outages.

Another batch of Indian troops to depart Maldives this month: Muizzu

Another batch of Indian troops to depart Maldives this month: Muizzu

Rediff.com3 Apr 2024

Following a high-level meeting in New Delhi on February 2 between the two sides, India agreed to replace its military personnel operating the three aviation platforms in the Maldives by May 10. The first batch left the island nation well before March 10.

Emergency in Lanka, 2nd time in a month amid protests over economic crisis

Emergency in Lanka, 2nd time in a month amid protests over economic crisis

Rediff.com6 May 2022

Rajapaksa's decision was to ensure public security and maintain essential services so as to ensure a smooth functioning of the country, the presidential media division said.

Americans Must Depend On Hope And Prayer

Americans Must Depend On Hope And Prayer

Rediff.com13 Jul 2024

The two major parties offer the United States choices that are basically unacceptable and the bench strength, such as it is, is not entirely capable of winning popular acclaim, notes Shreekant Sambrani.