News for 'Economy'

Modi to embark on six-day visit to UAE, Europe

Modi to embark on six-day visit to UAE, Europe

Rediff.com11 May 2026

Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.

Delhi Quad meet to focus on West Asia fallout, Indo-Pacific security

Delhi Quad meet to focus on West Asia fallout, Indo-Pacific security

Rediff.com25 May 2026

The economic fallout of the West Asia crisis, the prevailing security situation in the Indo-Pacific and ways to boost cooperation in critical minerals and technology are expected to top the agenda at a crucial meeting of the Quad foreign ministers on Tuesday.

'We Need Petrol More Than Gold Right Now'

'We Need Petrol More Than Gold Right Now'

Rediff.com11 May 2026

'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'

Gold import duty hike to spur grey market, smuggling, say exporters

Gold import duty hike to spur grey market, smuggling, say exporters

Rediff.com13 May 2026

The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.

IPL 2026: 'We've not handled pressure': PBKS coach admits

IPL 2026: 'We've not handled pressure': PBKS coach admits

Rediff.com15 May 2026

Punjab Kings assistant coach Brad Haddin admits the team is struggling to handle pressure after a series of defeats in the Indian Premier League, highlighting concerns over bowling and fielding performances.

Gadkari calls for JVs with US cos to leverage their new tech

Gadkari calls for JVs with US cos to leverage their new tech

Rediff.com21 May 2026

Union Minister Nitin Gadkari has called for Indian companies to form joint ventures with US companies to leverage new technologies, while also expressing an ambitious target to make India's automobile industry the world's number one within five years.

IPL 2026, RCB vs MI: Bhuvneshwar, Krunal shine as RCB pip Mumbai Indians

IPL 2026, RCB vs MI: Bhuvneshwar, Krunal shine as RCB pip Mumbai Indians

Rediff.com11 May 2026

Krunal Pandya's gritty 73 and Bhuvneshwar Kumar's all-round heroics (4/23, 7 not out) powered Royal Challengers Bengaluru to a nervy two-wicket victory and knocked Mumbai Indians out of the race for IPL playoffs in Raipur on Sunday.

NIT Rourkela To Offer New Courses In Emerging Technologies

NIT Rourkela To Offer New Courses In Emerging Technologies

Rediff.com13 May 2026

NIT Rourkela has announced the launch of four new academic programmes for the 2026-27 session, focusing on emerging technologies such as semiconductors, artificial intelligence, and quantum technologies.

IPL 2026: Will Vaibhav Sooryavanshi Be MVP?

IPL 2026: Will Vaibhav Sooryavanshi Be MVP?

Rediff.com26 May 2026

Purnendu Maji and Srinivas Bhogle present Rediff's Most Valuable Player Index of IPL 2026 after the league stage.

How UP Boosted Sugarcane Farmers' Income

How UP Boosted Sugarcane Farmers' Income

Rediff.com14 May 2026

The Uttar Pradesh government announced it has paid a record Rs 3,21,963 crore to sugarcane growers since 2017, emphasising on-time payments and direct transfers to farmers' accounts. The government highlighted initiatives like farm loan waivers and the 'Smart Ganna Kisan' system for online sugarcane management.

Modi Advocates Dialogue For West Asia, Ukraine Peace

Modi Advocates Dialogue For West Asia, Ukraine Peace

Rediff.com18 May 2026

Prime Minister Narendra Modi has called for the resolution of the West Asia crisis and the Ukraine conflict through dialogue and diplomacy, asserting that military action alone cannot achieve lasting peace. He made the remarks after talks with Norwegian Prime Minister Jonas Gahr Store.

Budget reflects a maturing economy

Budget reflects a maturing economy

Rediff.com11 Feb 2026

The Budget reflects a clear focus on strengthening India's long-term prospects by leaning on nation-building sectors such as infrastructure, manufacturing, and technology while maintaining fiscal responsibility.

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com18 May 2026

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

India Advocates For Ethical AI Use In Global Healthcare

India Advocates For Ethical AI Use In Global Healthcare

Rediff.com21 May 2026

Union Health Minister J P Nadda has emphasised the need for sound regulation, ethical oversight, and equity in the application of Artificial Intelligence (AI) to healthcare, speaking at the World Health Assembly in Geneva.

IPL 2026: Hardik Pandya looks set to return for MI's clash against KKR

IPL 2026: Hardik Pandya looks set to return for MI's clash against KKR

Rediff.com18 May 2026

Mumbai Indians skipper Hardik Pandya trained at full intensity, indicating his return for their IPL match against Kolkata Knight Riders. Pandya had missed MI's last three matches due to a back spasm.

Why The Rupee Is At An All-Time Low

Why The Rupee Is At An All-Time Low

Rediff.com5 May 2026

The rupee weakened to a record low against the US dollar due to Gulf tensions, rising oil prices, and foreign capital outflows.

Red alert issued as UP under severe heatwave; Banda boils at 47.6 degrees C

Red alert issued as UP under severe heatwave; Banda boils at 47.6 degrees C

Rediff.com22 May 2026

Uttar Pradesh is experiencing an intense heatwave, with Banda recording the highest temperature at 47.6 degrees Celsius. The IMD has issued a 'Red Colour Warning' for severe heatwave conditions. The extreme heat is disrupting daily life and economic activity, prompting government action to prevent heat-related illnesses.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Rediff.com12 May 2026

'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com12 May 2026

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

US planning to drop charges against Gautam Adani: NYT report

US planning to drop charges against Gautam Adani: NYT report

Rediff.com15 May 2026

A New York Times report on Thursday (local time) has claimed that the US Justice Department is contemplating dropping charges against industrialist and Adani Group chairman Gautam Adani.

IPL 2026: DC vs KKR: Playoff hopes hang by a thread

IPL 2026: DC vs KKR: Playoff hopes hang by a thread

Rediff.com7 May 2026

Delhi Capitals face Kolkata Knight Riders in a crucial IPL match, needing a win to keep their playoff hopes alive.

US-China Rivalry Enters New Phase

US-China Rivalry Enters New Phase

Rediff.com27 May 2026

The Beijing summit may have reduced immediate diplomatic uncertainty, but it did not resolve the deeper structural contest between the United States and China. That contest appears likely to define the coming decade, notes Varun Arya.

'INDIA Alliance Is Dead'

'INDIA Alliance Is Dead'

Rediff.com28 May 2026

'Congress needs a positive agenda rather than primarily picking up on two business houses.'

IPL 2026: How Punjab Kings' Dream Run Turned Into A Nightmare

IPL 2026: How Punjab Kings' Dream Run Turned Into A Nightmare

Rediff.com15 May 2026

Punjab Kings's downfall has been driven by poor fielding, repeated dropped catches, inconsistent bowling and the continued backing of out-of-form middle-order batters such as Shashank Singh and Nehal Wadhera, both of whom have struggled with both bat and fielding standards.

West Asia Conflict Deepens India's Economic Challenges

West Asia Conflict Deepens India's Economic Challenges

Rediff.com30 Apr 2026

Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.

Is The World Moving Towards De-Dollarisation?

Is The World Moving Towards De-Dollarisation?

Rediff.com2 May 2026

India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.

Why The Energy Crisis Will Get Worse

Why The Energy Crisis Will Get Worse

Rediff.com11 May 2026

The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.

'Evidence of...': Oppn slams Modi over 'WFH, no gold' pitch

'Evidence of...': Oppn slams Modi over 'WFH, no gold' pitch

Rediff.com11 May 2026

Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi's call for citizens to make economic sacrifices in response to the West Asia conflict, calling it 'evidence of failure'. Gandhi accused Modi of shifting responsibility onto the public and being incapable of running the country.

US Team Likely to Visit India in June for Crucial Trade Discussions

US Team Likely to Visit India in June for Crucial Trade Discussions

Rediff.com21 May 2026

Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.

DC Hope For Kuldeep Yadav's Quick Turnaround

DC Hope For Kuldeep Yadav's Quick Turnaround

Rediff.com6 May 2026

Delhi Capitals' coach Hemang Badani expresses concern over Kuldeep Yadav's form as the team fights for a playoff spot in the IPL. Despite past successes, Kuldeep's economy rate has increased, and wickets have been scarce. The team hopes he can regain his peak performance during this crucial phase.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

Delhi govt advises 2-day WFH for pvt sector, car pooling

Delhi govt advises 2-day WFH for pvt sector, car pooling

Rediff.com17 May 2026

The Delhi government has advised private companies and organisations to adopt a two-day work-from-home policy, make changes to office timings, and urge employees to avail car pooling and public transport to support the fuel-saving efforts amid global uncertainties.

IPL Franchises Race Towards $15 Billion Valuations

IPL Franchises Race Towards $15 Billion Valuations

Rediff.com23 May 2026

Kolkata Knight Riders, owned by the Shah Rukh Khan family and Mehta Group, emerged as the most valuable franchise.

Days after Trump trip, Putin to land in China on Tuesday for two-day visit

Days after Trump trip, Putin to land in China on Tuesday for two-day visit

Rediff.com18 May 2026

Russian President Vladimir Putin is set to visit China for talks with Chinese leader Xi Jinping, shortly after US President Donald Trump's visit to Beijing. The visit underscores the close strategic ties between China and Russia amid global tensions.

India To Have 313 Billionaires By 2031

India To Have 313 Billionaires By 2031

Rediff.com2 May 2026

The country's billionaire count rose 58 per cent over the past five years to 207 in 2026.

Confused Selections; Inconsistent Strategies: Why LSG Flopped In IPL 2026

Confused Selections; Inconsistent Strategies: Why LSG Flopped In IPL 2026

Rediff.com20 May 2026

Lucknow Super Giants' IPL season was marked by inconsistent selections, questionable combinations, and a lack of clarity in their strongest XI, leading to a disappointing campaign.

TVS Motor set for continued outperformance driven by EVs, premium bikes, and exports

TVS Motor set for continued outperformance driven by EVs, premium bikes, and exports

Rediff.com15 May 2026

TVS Motor Company is strategically positioned for sustained outperformance in the domestic two-wheeler industry, propelled by increasing market share in scooters, premium motorcycles, electric vehicles (EVs), and robust export growth, according to analysts.

CSK's Khaleel Ahmed undergoes successful surgery

CSK's Khaleel Ahmed undergoes successful surgery

Rediff.com26 Apr 2026

Khaleel Ahmed undergoes successful surgery for quadricep injury, ruled out of IPL 2026 as Chennai Super Kings wish him speedy recovery.

IPL 2026: Punjab Kings look to overcome bowling woes against bottom-dwellers Mumbai Indians

IPL 2026: Punjab Kings look to overcome bowling woes against bottom-dwellers Mumbai Indians

Rediff.com13 May 2026

Punjab Kings, after a series of losses, face Mumbai Indians in a crucial IPL match, needing to address their bowling and fielding weaknesses to stay in the playoff race.