News for 'Economic Weekly'

'Consequence of...': India reacts to violent protests in PoK

'Consequence of...': India reacts to violent protests in PoK

Rediff.com17 May 2024

Two days ago, External Affairs Minister S Jaishankar asserted that Pakistan-occupied Kashmir was, is and will always be part of India.

How hosting Euro 2024 could impact the German economy

How hosting Euro 2024 could impact the German economy

Rediff.com14 May 2024

An overview of how the tournament could give it a welcome boost...

Taxing ultra-wealthy can boost GDP by 2.73%: Piketty-backed Study

Taxing ultra-wealthy can boost GDP by 2.73%: Piketty-backed Study

Rediff.com24 May 2024

The paper said that the taxation proposal needs to be accompanied by explicit redistributive policies to support the poor, lower castes, and middle classes.

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.

Kamala Harris picks Minnesota guv as running mate

Kamala Harris picks Minnesota guv as running mate

Rediff.com6 Aug 2024

US Vice President Kamala Harris, who is of Indian and African heritage, has formally secured the Democratic presidential nomination becoming the first Indian-American to win the nomination from a major political party, and chose Minnesota Gov Tim Walz as her running mate on Tuesday.

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

Foxconn Betting Big on South India

Foxconn Betting Big on South India

Rediff.com19 Aug 2024

Foxconn's business in India has grown to over $10 billion till 2024.

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.

Unemployment rate dips to 6.7% in Q4

Unemployment rate dips to 6.7% in Q4

Rediff.com15 May 2024

The unemployment rate for people aged 15 years and above in urban areas declined to 6.7 per cent in the January-March period from 6.8 per cent a year ago, according to the National Sample Survey Survey (NSSO). Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force. The unemployment rate in the March quarter of FY23 was 6.8 per cent, while it was 6.6 per cent in April-June as well as in the third quarter (July-September 2023) of the previous fiscal.

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.

Bihar prohibition helps prevent 21L intimate partner violence, finds study

Bihar prohibition helps prevent 21L intimate partner violence, finds study

Rediff.com26 May 2024

The ban is also estimated to have prevented 18 lakh men in the state from becoming overweight or obese, it said.

India Should Be Battle Ready With China

India Should Be Battle Ready With China

Rediff.com14 Aug 2024

'With continued focus on votes, upcoming by-polls and purchasing politicians, the political hierarchy has little time for national defence.' 'They would do well to heed a veteran scholar, who says, "There will be war with China in the next few years. The next full scale war will have the involvement of Pakistan and terror elements, insurgents and intelligence assets operating inside India",' warns Lieutenant General Prakash Katoch (retd).

PIX: Here is how states celebrate 78th Independence Day

PIX: Here is how states celebrate 78th Independence Day

Rediff.com15 Aug 2024

Independence Day was celebrated across states and Union territories on Thursday, as several chief ministers announced job schemes while some others vowed their support for Prime Minister Narendra Modi's vision of a Viksit Bharat by 2047.

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.

Biden not stepping down from poll race: White House

Biden not stepping down from poll race: White House

Rediff.com4 Jul 2024

Biden, 81, is increasingly receiving calls from Democratic Party leaders and editorial boards of mainstream American media to step down from the presidential race and let others from the party lead them in the November 5 elections. So far, he has resisted these calls.

Over 7,200 Indian students return home post Bangladesh unrest: Govt

Over 7,200 Indian students return home post Bangladesh unrest: Govt

Rediff.com9 Aug 2024

The high commission of India in Dhaka and the assistant high commissions in Chittagong, Rajshahi, Sylhet and Khulna have been assisting in the voluntary return of Indian nationals, he said.

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.

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.

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".

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

'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.'

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.

'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?'

Factors that will dictate stocks markets this week

Factors that will dictate stocks markets this week

Rediff.com1 May 2022

The US Fed interest rate decision, domestic macroeconomic data announcements and ongoing quarterly earnings are some of the major factors that will drive the stock markets in a holiday-shortened week, analysts said. Besides, monthly auto sales numbers and the LIC IPO will also remain in focus, they added. Equity markets will remain closed on Tuesday for Id-Ul-Fitr (Ramzan Id). "The market is likely to kick off this week on a sombre note after a sharp fall in the US market then the focus will shift to the outcome of the US FOMC meeting, which is crucial amid record inflation and growth worries.

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'

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.

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.

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.

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'

Global trends to guide markets in holiday-shortened week: Analysts

Global trends to guide markets in holiday-shortened week: Analysts

Rediff.com5 Sep 2021

The stock market is likely to continue with its positive momentum but may face bouts of profit-booking amid lofty valuations in this holiday-shortened week, analysts said. The trading sentiment will be guided mostly by global trends in absence of major domestic events, they said. Markets would remain closed on Friday for 'Ganesh Chaturthi'.

'Economic activities are expected to improve'

'Economic activities are expected to improve'

Rediff.com20 Jul 2021

'We are very watchful about inflation and growth. But the main challenge is economic revival and growth.'

'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.'

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.

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.

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.

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.

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.

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.

Global trends to direct market movement this week

Global trends to direct market movement this week

Rediff.com22 Aug 2021

Equity market sentiment this week will be guided by global trends in the absence of any major domestic triggers, while bourses may also see some volatility amid expiry of derivatives contracts, analysts said. Fears of sooner-than-expected tapering in monetary stimulus by the US Federal Reserve, rising cases of the Delta variant of the coronavirus coupled with China's regulatory crackdown triggered selling in global markets in the previous week.