News for 'Economy'

'Tremendous Belief': Virat Kohli Decodes Bhuvneshwar Kumar's Success In IPL 2026

'Tremendous Belief': Virat Kohli Decodes Bhuvneshwar Kumar's Success In IPL 2026

Rediff.com15 May 2026

Virat Kohli praises Bhuvneshwar Kumar's resurgence in IPL 2026, highlighting his 'uncomplicated consistency' and technical abilities. Kumar's impressive wicket haul and economy rate have been crucial for RCB's success.

Flex fuel to be sold at 5,000 outlets by end of next year

Flex fuel to be sold at 5,000 outlets by end of next year

Rediff.com5 Jun 2026

Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

How Bhuvneshwar Kumar Remains A Force In T20 Cricket

How Bhuvneshwar Kumar Remains A Force In T20 Cricket

Rediff.com29 May 2026

Bhuvneshwar Kumar has defied expectations to become a leading bowler in T20 cricket, adapting his skills and adding variations to remain effective in the modern game. His success is attributed to his ability to swing the ball, use clever variations like the knuckle ball, and maintain peak fitness.

Srikkanth urges RCB to drop this player for IPL 2026 final

Srikkanth urges RCB to drop this player for IPL 2026 final

Rediff.com31 May 2026

Former India captain Kris Srikkanth advises Royal Challengers Bengaluru to exclude Romario Shepherd from their playing XI for the IPL final against Gujarat Titans, citing concerns over his expensive bowling.

The Fragile Truth Behind India's Bull Market

The Fragile Truth Behind India's Bull Market

Rediff.com9 Jun 2026

The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.

US makes U-turn on 'return to home country' order for green cards

US makes U-turn on 'return to home country' order for green cards

Rediff.com30 May 2026

The US Department of Homeland Security has clarified that not all immigrants seeking green cards will be required to return to their home country to make such applications, partially walking back a previous announcement.

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Rediff.com18 May 2026

Salesforce is concentrating on developing 'digital labour platforms' and using AI to augment human capabilities rather than replace them, according to a senior company official.

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Rediff.com12 May 2026

Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.

IPL 2027: Hardik Trade, Coaching Shake-Up: What's Next For LSG?

IPL 2027: Hardik Trade, Coaching Shake-Up: What's Next For LSG?

Rediff.com3 Jun 2026

Lucknow Super Giants face a crucial rebuilding phase after finishing last in IPL 2026 and Rishabh Pant stepping down as captain. From auction strategy and potential Hardik Pandya interest to coaching changes and retention plans, here's what lies ahead for LSG before IPL 2027.

Cabinet approves Rs 24,249 crore highway projects, including Odisha coastal road

Cabinet approves Rs 24,249 crore highway projects, including Odisha coastal road

Rediff.com4 Jun 2026

The Cabinet Committee on Economic Affairs (CCEA) has approved national highway projects worth approximately 24,249.6 crore across Odisha, Telangana, Madhya Pradesh, and Bihar, aiming to enhance connectivity, reduce travel times, and stimulate economic growth.

'Not an iota of truth': Modi rejects media report on taxing foreign travel

'Not an iota of truth': Modi rejects media report on taxing foreign travel

Rediff.com16 May 2026

Prime Minister Narendra Modi has strongly refuted a media report suggesting the government is considering levying a tax, cess, or surcharge on foreign travel, calling the news "totally false".

WFH, avoid foreign travel for 1 year: Modi's 7 big appeals

WFH, avoid foreign travel for 1 year: Modi's 7 big appeals

Rediff.com11 May 2026

Prime Minister Modi has urged citizens to adopt measures like judicious fuel use, postponing gold purchases, and deferring foreign travel to strengthen India's economy in the face of the West Asia conflict's adverse impact.

The Flight Had Landed. Where Had My Mother Gone?

The Flight Had Landed. Where Had My Mother Gone?

Rediff.com30 May 2026

A few frantic calls later, the answer emerged: She had missed her connecting flight in London. Not because she was late. Not because she couldn't walk fast enough. She had simply gone to the wrong gate, sat down, and waited.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

Vijay concludes maiden Delhi visit, skips meeting Gandhis

Vijay concludes maiden Delhi visit, skips meeting Gandhis

Rediff.com28 May 2026

Tamil Nadu Chief Minister C Joseph Vijay concluded his first official visit to Delhi, meeting with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to discuss key state issues.

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.

Rising Fuel Prices, Monsoon Worries Pressure India's Consumption Stocks

Rising Fuel Prices, Monsoon Worries Pressure India's Consumption Stocks

Rediff.com21 May 2026

India's consumption stocks, which have outperformed the broader market, are now facing significant pressure due to a gradual rise in fuel prices and the potential for higher inflation. Analysts warn that companies may be forced to pass on increased input costs to consumers, potentially hurting demand across both staples and discretionary categories, with a looming threat of deficient monsoon rainfall further exacerbating inflationary concerns.

US Treasury prepares mock-up design of $250 note with Trump's face

US Treasury prepares mock-up design of $250 note with Trump's face

Rediff.com29 May 2026

The US Treasury Department is exploring the possibility of featuring Donald Trump's portrait on a new $250 note, pending congressional approval to amend the law that prohibits living individuals from being depicted on US currency.

Southwest monsoon expected to arrive in Kerala on May 26

Southwest monsoon expected to arrive in Kerala on May 26

Rediff.com15 May 2026

The India Meteorological Department (IMD) has forecasted an early onset of the southwest monsoon over Kerala, expected around May 26. This marks the beginning of the crucial rainy season for India.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com13 May 2026

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

Gill, Sooryavanshi Lead IPL 2026 MVPI

Gill, Sooryavanshi Lead IPL 2026 MVPI

Rediff.com19 May 2026

Purnendu Maji and Srinivas Bhogle present Rediff's Most Valuable Player Index of IPL 2026 after Game 62.

IPL 2026: MVPI Had To Be Vaibhav Sooryavanshi!

IPL 2026: MVPI Had To Be Vaibhav Sooryavanshi!

Rediff.com1 Jun 2026

Vaibhav Sooryavanshi was crowned the Most Valuable Player of the 2026 IPL season, achieving an unprecedented MVPI of 1071, significantly ahead of his closest competitor, Shubman Gill. His exceptional strike rate of 236 was a key factor in this achievement, making him only the third player in IPL history to surpass an MVPI of 1000 in a single season.

Indian Investments in US Rise, Create American Jobs: Official

Indian Investments in US Rise, Create American Jobs: Official

Rediff.com5 May 2026

Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.

'A little bit of movement' seen in Iran peace talks: Marco Rubio

'A little bit of movement' seen in Iran peace talks: Marco Rubio

Rediff.com22 May 2026

US Secretary of State Marco Rubio said that discussions aimed at halting the conflict with Iran have shown "some slight progress," while simultaneously echoing Washington's dissatisfaction with its NATO allies.

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Rediff.com20 May 2026

Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.

RBI 'keeping close watch' on West Asia conflict for policy action

RBI 'keeping close watch' on West Asia conflict for policy action

Rediff.com19 May 2026

RBI Governor Sanjay Malhotra stated that the central bank is closely monitoring whether the supply shock from the West Asia conflict will lead to a generalised price rise, potentially necessitating monetary policy action.

India rules ICE bike exports, but China dominates E2Ws

India rules ICE bike exports, but China dominates E2Ws

Rediff.com19 May 2026

But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

SC calls for rational airfares, asks Centre to provide relief to flyers

SC calls for rational airfares, asks Centre to provide relief to flyers

Rediff.com15 May 2026

The Supreme Court has directed the Centre to rationalise airfares and provide relief to flyers, highlighting discrepancies in pricing for the same routes and airlines. The court is addressing a plea seeking a robust regulator to ensure transparency and passenger protection in the civil aviation sector.

China's Real Choke Point Starts at Hormuz, Not Malacca: Report

China's Real Choke Point Starts at Hormuz, Not Malacca: Report

Rediff.com29 May 2026

A new report suggests China's maritime vulnerability lies in the Strait of Hormuz, not Malacca, creating strategic competition in the Indian Ocean.

India must not rent its intelligence future: Adani

India must not rent its intelligence future: Adani

Rediff.com12 May 2026

Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.

'We want Tatas to come back, and that too in Singur'

'We want Tatas to come back, and that too in Singur'

Rediff.com29 May 2026

West Bengal BJP president Samik Bhattacharya has expressed the state government's desire for the Tata Group to return to Singur, viewing it as an economic necessity and a signal that West Bengal is open for business. The move aims to reverse the negative perception created when the Nano project was forced out of the state.

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.

4 Reasons Why Market Recovered After March Crash

4 Reasons Why Market Recovered After March Crash

Rediff.com22 May 2026

'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'

'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.'

RCB Heavy Favourites Against Gujarat Titans in IPL 2026 Final

RCB Heavy Favourites Against Gujarat Titans in IPL 2026 Final

Rediff.com30 May 2026

In a fascinating battle of ideologies, the well-balanced and bold Royal Challengers Bengaluru will have to subdue a phlegmatic Gujarat Titans to lift their second consecutive IPL title.

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.