News for 'Economy'

What Makes Crypto Rise Or Fall?

What Makes Crypto Rise Or Fall?

Rediff.com14 Aug 2026

Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Parliamentary Panel Wants Cap on Private Hospital Room Charges

Rediff.com12 Aug 2026

'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'

Why Invasive Species Threaten Global South Biodiversity Most

Why Invasive Species Threaten Global South Biodiversity Most

Rediff.com24 Jul 2026

A new study reveals that the impacts of invasive species on biodiversity are most severe in the Global South, challenging previous assumptions. Factors like rapidly developing economies, weak governance, and limited management capacity make these regions particularly vulnerable, leading to higher ecological and economic damages.

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.

Jobs, Not Exams, Hold Key To Youth Anger

Jobs, Not Exams, Hold Key To Youth Anger

Rediff.com13 Aug 2026

If the government wishes that protests like the one that took place at Jantar Mantar during the last few weeks should not recur, it must refocus its energies on jobs, not just the examination system, points out A K Bhattacharya.

Satcom To Drive India's Digital Transformation

Satcom To Drive India's Digital Transformation

Rediff.com22 Jul 2026

Trai Chairman Anil Kumar Lahoti highlighted the transformative role of satellite communications in expanding seamless connectivity across India, especially in remote areas. He noted that India's space economy is projected to grow significantly, driven by satcom technology that will bridge the digital divide, provide resilient infrastructure during disasters, and support strategic sectors.

Satcom To Drive India's Digital Transformation

Satcom To Drive India's Digital Transformation

Rediff.com22 Jul 2026

Trai Chairman Anil Kumar Lahoti highlighted the transformative role of satellite communications in expanding seamless connectivity across India, especially in remote areas. He noted that India's space economy is projected to grow significantly, driven by satcom technology that will bridge the digital divide, provide resilient infrastructure during disasters, and support strategic sectors.

GST Collection Jumps 15.4% to Over Rs 2.11 Lakh Crore in July

GST Collection Jumps 15.4% to Over Rs 2.11 Lakh Crore in July

Rediff.com1 Aug 2026

India's gross Goods and Services Tax (GST) collections surged by 15.4 per cent to over Rs 2.11 lakh crore in July, driven by increased mop-up from both domestic transactions and imports.

US Senate passes Russia sanctions bill with 100% tariff on India, 4 others

US Senate passes Russia sanctions bill with 100% tariff on India, 4 others

Rediff.com8 Aug 2026

The US Senate has overwhelmingly approved a bill, the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which aims to punish Russia and its major petroleum product buyers, including China and India. The legislation allows the US President to impose 100 per cent tariffs on goods from the top five importers of Russian oil and gas, and also extends sanctions on Iran's energy sector. The bill, championed by the late Senator Lindsey Graham, now moves to the House of Representatives for further approval.

Bihar alcohol ban failed, govt should revoke it: Study

Bihar alcohol ban failed, govt should revoke it: Study

Rediff.com8 Aug 2026

A research paper by the National Council of Applied Economic Research (NCAER) recommends that Bihar revoke its alcohol ban, citing its failure to reduce violence against women and a rise in illicit drug and alcohol consumption. The report suggests that reinstating the liquor excise tax would significantly increase state revenues and decrease enforcement costs.

Women Owners Employ More Women

Women Owners Employ More Women

Rediff.com14 Jul 2026

In cities where women own a larger share of small businesses, women also account for a larger share of jobs.

Since he is 'forgiving'...: Sonia takes dig at Modi, hails Manmohan

Since he is 'forgiving'...: Sonia takes dig at Modi, hails Manmohan

Rediff.com11 Aug 2026

Following the Supreme Court's clean chit in the coal block allocation case, Congress leader Sonia Gandhi has lauded former Prime Minister Manmohan Singh's integrity and accountability, drawing a sharp contrast with the Narendra Modi government's operational style and alleged misuse of investigative agencies.

NITI Aayog's Vision For India's Bioeconomy Growth

NITI Aayog's Vision For India's Bioeconomy Growth

Rediff.com16 Jul 2026

A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Rediff.com6 Aug 2026

Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.

Abhinav Bindra: 'Let's Strengthen Our Education System'

Abhinav Bindra: 'Let's Strengthen Our Education System'

Rediff.com23 Jul 2026

Olympic Gold Medalist Abhinav Bindra says an education system that inspires confidence, rewards merit and nurtures curiosity is one of a nation's greatest strengths.

Churning reels not enough, youth need jobs: Congress slams Modi

Churning reels not enough, youth need jobs: Congress slams Modi

Rediff.com4 Aug 2026

The Congress party has accused the Modi government of creating a "deep crisis" in India's job market due to its "flawed" economic and employment policies. Citing a media report on a 27% decline in new jobs at major companies, the opposition party stated that the government is engaged in "headline management" and "politics of distraction" instead of addressing the youth employment crisis.

US slap 10% tariff on India over 'forced labour'

US slap 10% tariff on India over 'forced labour'

Rediff.com24 Jul 2026

The United States has implemented a 10 per cent tariff on goods imported from India and 16 other countries, citing efforts to combat forced labour in production.

Stock Markets Today: Sensex Rises, Nifty Sinks as New Closing Auction Session Takes Effect

Stock Markets Today: Sensex Rises, Nifty Sinks as New Closing Auction Session Takes Effect

Rediff.com4 Aug 2026

Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

'Very Bad For Global Economy If War Continues'

'Very Bad For Global Economy If War Continues'

Rediff.com28 Apr 2026

'Even if the war ends tomorrow, which is unlikely, and we go back to the pre-war status quo, the world will still need some time to get over the sudden shock of oil price increases.'

Small Nuclear Reactors To Cost About Rs 7,000 Crore

Small Nuclear Reactors To Cost About Rs 7,000 Crore

Rediff.com4 Aug 2026

Construction of the approved reactor projects is expected to take five to six years after receiving financial approval.

Assam Floods: The Village The Dikhow River Wiped Out

Assam Floods: The Village The Dikhow River Wiped Out

Rediff.com3 Aug 2026

The water rose from knee level to chest height within minutes before climbing even higher. Homes crumbled, cattle sheds collapsed and everything that could be carried away by the current vanished.

Iran rejigs leadership after rare meet between Supreme Leader, President

Iran rejigs leadership after rare meet between Supreme Leader, President

Rediff.com10 Aug 2026

Supreme Leader Mojtaba Khamenei has reshuffled Iran's political and national-security establishment, appointing former SNSC Secretary Mohammad Bagher Zolghadr as his political adviser and veteran IRGC commander Mohsen Rezaei as his representative on the Supreme National Security Council, consolidating power amid the West Asia crisis and Strait of Hormuz tensions.

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

Rediff.com30 Jul 2026

The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.

Can A Couple With Different Political Views Have A Healthy Relationship?

Can A Couple With Different Political Views Have A Healthy Relationship?

Rediff.com10 Aug 2026

With political divisions dominating conversations, can couples with opposing views stay together?

Gold, silver prices to remain range-bound as US jobs data, Fed cues awaited

Gold, silver prices to remain range-bound as US jobs data, Fed cues awaited

Rediff.com2 Aug 2026

Gold and silver prices are expected to remain range-bound this week as investors await crucial US economic data, including the non-farm payrolls report, and further signals from the Federal Reserve regarding its interest rate policy.

Bowling Struggles, Fitness Woes: Why India Flopped In England ODIs

Bowling Struggles, Fitness Woes: Why India Flopped In England ODIs

Rediff.com21 Jul 2026

A look at what went wrong for India in the England ODI series.

West Bengal Pledges Full Support For India-Brazil Football Clash

West Bengal Pledges Full Support For India-Brazil Football Clash

Rediff.com7 Aug 2026

West Bengal Chief Minister Suvendu Adhikari has assured the All India Football Federation of full government support to host India's biggest-ever international football fixture against five-time World Cup champions Brazil in Kolkata on October 3. This historic match will be India's first against a top-five FIFA-ranked nation, offering crucial exposure to the national team despite initial concerns over crowd management.

Our endeavour is to bring inflation in line with target over the medium term

"Our endeavour is to bring inflation in line with target over the medium term"

Rediff.com6 Aug 2026

"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.

Gen Z Protests: What Government Needs To Fix

Gen Z Protests: What Government Needs To Fix

Rediff.com7 Aug 2026

The challenge thrown by the youth movement creates the opportunity for a more consequential debate on India's economic trajectory because it must remain centered on India's youth as its driving impulse, asserts former foreign secretary Shyam Saran.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

SA20: Ganguly changed everything, says Keshav Maharaj

SA20: Ganguly changed everything, says Keshav Maharaj

Rediff.com3 Aug 2026

Pretoria Capitals captain Keshav Maharaj credits head coach Sourav Ganguly for fostering a positive team culture that led to their strong performance in SA20 Season 4. Despite falling short in the final, Maharaj is optimistic about the upcoming Season 5, where they will face defending champions Sunrisers Eastern Cape, emphasizing a forward-looking approach and the importance of starting strong. He also lauded the Centurion crowd for their exceptional support.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

Digital Marketplace To Empower Jharkhand's Rural Women

Digital Marketplace To Empower Jharkhand's Rural Women

Rediff.com31 Jul 2026

Jharkhand has partnered with CSC eStore to create a digital marketplace for products made by women's self-help groups (SHGs). This initiative aims to expand market access, boost income for rural women, and strengthen the rural economy through e-commerce and digital governance. The state also plans to extend Aadhaar services to all panchayats by November 15.

Kuldeep Should Be Playing Regularly: Harbhajan

Kuldeep Should Be Playing Regularly: Harbhajan

Rediff.com10 Aug 2026

'If I was with the team, I would pick bowlers who I feel can pick wickets and win matches for me with the ball.'

Swiggy's Q1 Net Loss Shrinks 34% Amidst Strong Revenue Growth

Swiggy's Q1 Net Loss Shrinks 34% Amidst Strong Revenue Growth

Rediff.com31 Jul 2026

Food and grocery delivery giant Swiggy has reported a significant narrowing of its net loss in the first quarter, down 34 per cent year-on-year to approximately 791 crore, while revenue from operations surged by 37 per cent to 6,812 crore. The company also achieved contribution margin break-even in its quick commerce segment, Instamart.

R Ashwin Wants Bhuvneshwar Kumar in India's 2027 ODI World Cup Squad

R Ashwin Wants Bhuvneshwar Kumar in India's 2027 ODI World Cup Squad

Rediff.com31 Jul 2026

Ashwin wants Bhuvneshwar Kumar in India's 2027 World Cup squad, saying the veteran seamer's swing bowling could be crucial in South African conditions.

Here's why Kohli's RCB is IPL's most valuable team

Here's why Kohli's RCB is IPL's most valuable team

Rediff.com29 Jul 2026

The business value of the Indian Premier League (IPL) has surged by over 11% to $20.6 billion this year, according to U.S.-based investment bank Houlihan Lokey. This growth is driven by its robust commercial model, attracting significant investor interest, as evidenced by recent franchise ownership changes and a diversified commercial ecosystem.

Will Sheikh Hasina Be Killed If She Returns To Dhaka?

Will Sheikh Hasina Be Killed If She Returns To Dhaka?

Rediff.com8 Aug 2026

'They probably imagine any hue and cry in the event Sheikh Hasina is hanged will be shortlived as it happened when Bhutto was hanged in Pakistan in 1979.'