News for 'Economy'

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

Anukul Roy Aims For More Batting Responsibility At KKR

Anukul Roy Aims For More Batting Responsibility At KKR

Rediff.com9 May 2026

Anukul Roy, the Jharkhand all-rounder, has become a key player for Kolkata Knight Riders with his disciplined left-arm spin. He now seeks a more significant role with the bat, aiming to contribute more in the middle order and replicate his domestic success in the T20 league.

'Mark Mobius Saw India's Rise Before Other Investors'

'Mark Mobius Saw India's Rise Before Other Investors'

Rediff.com17 Apr 2026

'Mark Mobius's life was dedicated to investing.'

Who Will Win Kerala's Game Of Thrones?

Who Will Win Kerala's Game Of Thrones?

Rediff.com11 May 2026

Already, within the week of the election results it became apparent that the Congress' DNA has not changed from its traditional approach to politics as but a game of thrones, observes Ambassador M K Bhadrakumar.

Kerala Offers Congress Golden Chance; Will It Deliver?

Kerala Offers Congress Golden Chance; Will It Deliver?

Rediff.com8 May 2026

Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.

IPL 2026: Why Bhuvneshwar Kumar Deserves His India Cap Back

IPL 2026: Why Bhuvneshwar Kumar Deserves His India Cap Back

Rediff.com11 May 2026

Bhuvneshwar Kumar's impressive performance in IPL 2026 has sparked debate about his potential return to the Indian T20I squad.

UP's new cuisine map leaves non-veg off the menu

UP's new cuisine map leaves non-veg off the menu

Rediff.com6 May 2026

The Uttar Pradesh government's 'One District One Cuisine' initiative, aimed at promoting local delicacies, has drawn criticism for omitting several iconic non-vegetarian dishes closely associated with the state's districts.

From surgery scare to five-star show: Mohsin Khan's stunning IPL comeback

From surgery scare to five-star show: Mohsin Khan's stunning IPL comeback

Rediff.com27 Apr 2026

Mohsin Khan scripts a remarkable comeback in IPL 2026 with his maiden five-wicket haul against KKR, highlighting his journey from a career-threatening injury to becoming one of the league's most effective pacers.

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

Rediff.com3 May 2026

Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

Governor Ravi Urges Collective Effort to Restore West Bengal's Glory

Governor Ravi Urges Collective Effort to Restore West Bengal's Glory

Rediff.com15 Apr 2026

West Bengal Governor RN Ravi has called for collective efforts to restore the state's past glory, highlighting concerns over economic and educational indicators. His remarks coincided with Chief Minister Mamata Banerjee criticising him for allegedly 'abusing' her instead of extending New Year greetings.

'Vijay Not Only Had Star Power. He Had Timing'

'Vijay Not Only Had Star Power. He Had Timing'

Rediff.com13 May 2026

'Vijay entered politics at a much better age compared to Rajnikanth and Kamal Haasan. His fans are young and he has at least 2-3 decades ahead of him.'

How PhonePe Achieved 700 Million Registered Users

How PhonePe Achieved 700 Million Registered Users

Rediff.com30 Apr 2026

PhonePe has announced it has surpassed 700 million registered users on its platform. This milestone underscores PhonePe's extensive reach in India and its diverse digital offerings in payments and financial services. The company's growth is attributed to increasing consumer trust, a strong distribution network, and a focus on user-friendly digital payment experiences.

The Gulf War: Prem Panicker's Must Read Blog!

The Gulf War: Prem Panicker's Must Read Blog!

Rediff.com24 Apr 2026

Prem Panicker's Must Read Blog On The Gulf War.

Reopen Hormuz route quickly, stick to no-nuclear pledge: China to Iran

Reopen Hormuz route quickly, stick to no-nuclear pledge: China to Iran

Rediff.com6 May 2026

China has called on Iran to reopen the Strait of Hormuz and expressed appreciation for Tehran's commitment not to develop nuclear weapons, a key demand of the US to end the conflict.

Infosys Stock Outlook Turns Cautious Despite Q4 Earnings Beat: Brokerages Cut Target Prices

Infosys Stock Outlook Turns Cautious Despite Q4 Earnings Beat: Brokerages Cut Target Prices

Rediff.com24 Apr 2026

Infosys Q4 results beat estimates, but weak FY27 guidance triggers cautious brokerage outlook and target price cuts. Should investors worry?

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Rediff.com21 Apr 2026

Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.

Why Is India On US Priority Watch List For IP Rights?

Why Is India On US Priority Watch List For IP Rights?

Rediff.com1 May 2026

India is among six countries on the priority watch list in a US report addressing the protection and enforcement of intellectual property rights.

Bhutan's Huge Crypto Gamble, India And China Watching

Bhutan's Huge Crypto Gamble, India And China Watching

Rediff.com16 Apr 2026

Is Bhutan merely experimenting with digital finance -- or is the Himalayan kingdom punching far above its weight, quietly playing one of the most sophisticated strategic games in Asia today? asks Varun Arya.

'I Don't Want To Let Down The Economy...'

'I Don't Want To Let Down The Economy...'

Rediff.com9 Feb 2026

'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

Rediff.com18 Apr 2026

ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.

Infosys Q4 Net Profit Surges 21% to Rs 8,501 Crore, Projects 1.5-3.5% Revenue Growth for FY27

Infosys Q4 Net Profit Surges 21% to Rs 8,501 Crore, Projects 1.5-3.5% Revenue Growth for FY27

Rediff.com23 Apr 2026

Infosys reported a 20.8 per cent increase in consolidated net profit to 8,501 crore for the January-March quarter of FY26, with revenue from operations rising 13.4 per cent to 46,402 crore. The IT major has guided for a 1.5 to 3.5 per cent revenue growth for FY27, driven by momentum in financial services, utilities, and emerging AI services, despite a volatile macroeconomic environment and geopolitical risks.

IPL 2026 Week 6: Record Chases, Stunning Centuries, Playoff Twists

IPL 2026 Week 6: Record Chases, Stunning Centuries, Playoff Twists

Rediff.com13 May 2026

IPL 2026 Week 6 featured Rohit Sharma's explosive return, Urvil Patel's record-equalling fifty, Finn Allen's maiden IPL ton and Rashid Khan's brilliant comeback spell.

IPL 2026, DC vs CSK: Samson sizzles as Chennai Super Kings whip Delhi Capitals

IPL 2026, DC vs CSK: Samson sizzles as Chennai Super Kings whip Delhi Capitals

Rediff.com6 May 2026

Delhi Capitals struggled with the bat at home, posting a below-par 155 for seven against Chennai Super Kings in their IPL match. The home team batters failed to apply themselves on a pitch offering assistance to the spinners.

Why RBI Should Stop Defending Rupee

Why RBI Should Stop Defending Rupee

Rediff.com27 Apr 2026

The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.

Air India Unveils First Refurbished Boeing 787-8 After $400M Investment

Air India Unveils First Refurbished Boeing 787-8 After $400M Investment

Rediff.com13 Apr 2026

Air India's first refurbished Boeing 787-8 aircraft has landed in Delhi, marking a milestone in the airline's USD 400 million investment plan to upgrade its wide-body fleet. The aircraft features comprehensive interior upgrades, including new seats and in-flight entertainment systems.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

India deplores attacks on ships in Strait of Hormuz at UNSC

India deplores attacks on ships in Strait of Hormuz at UNSC

Rediff.com29 Apr 2026

India has expressed strong concerns over attacks on commercial ships in the Strait of Hormuz, citing its importance to India's energy and economic security. Ambassador Yojna Patel highlighted the need to respect international law and ensure the safety of seafarers, while also addressing broader Middle East issues including the situation in Gaza and Lebanon.

Second Edition of Rugby Premier League to be Held in Hyderabad

Second Edition of Rugby Premier League to be Held in Hyderabad

Rediff.com6 Apr 2026

The second edition of the Rugby Premier League (RPL) will be held in Hyderabad from June 16 to 28, featuring the Rugby 7s format and six franchises from the inaugural season.

CSK vs DC face must-win battle in IPL 2026

CSK vs DC face must-win battle in IPL 2026

Rediff.com4 May 2026

Delhi Capitals and Chennai Super Kings, both with eight points from nine games, face off in a crucial IPL match in Delhi. Both teams need a win to stay in contention for the playoffs.

Iranian supertanker bypasses US Navy blockade

Iranian supertanker bypasses US Navy blockade

Rediff.com3 May 2026

An Iranian tanker successfully bypassed the US Navy to deliver crude oil to the Asia-Pacific region, despite ongoing tensions and a US blockade.

Indian E-Commerce Market Poised for Massive Growth by 2030

Indian E-Commerce Market Poised for Massive Growth by 2030

Rediff.com7 Apr 2026

A new report by Google and Deloitte projects India's e-commerce market will nearly triple to USD 250 billion by 2030, driven by Gen Z shoppers, quick commerce expansion, and AI.

Left parties face existential crisis after Kerala drubbing

Left parties face existential crisis after Kerala drubbing

Rediff.com5 May 2026

The Left Democratic Front's defeat in Kerala marks a historic moment as Left parties are without power in any state for the first time in decades, highlighting their diminishing political influence across India.

Why Did India Not Stop The War?

Why Did India Not Stop The War?

Rediff.com16 Apr 2026

India is one of the few nations, and perhaps the only nation, that has good relations with America, Israel and Iran. Knowing that a war in the Gulf would damage our economy, hurt supply of fertilisers and fuel, and cause general chaos, we should have tried to ensure this war did not begin, asserts Aakar Patel.

In open letter to PM, Bernstein flags structural risks to growth

In open letter to PM, Bernstein flags structural risks to growth

Rediff.com24 Apr 2026

Global brokerage Bernstein has issued a cautionary note, stating that India risks 'under-delivering on its potential' unless it addresses key policy bottlenecks and structural risks, including employment challenges from AI, limited manufacturing gains, and rising welfare spending.

Iran: Why Trump Must Take A Leap Of Faith

Iran: Why Trump Must Take A Leap Of Faith

Rediff.com23 Apr 2026

There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.

Goldilocks phase, reforms glide path to spur Indian economy in 2026

Goldilocks phase, reforms glide path to spur Indian economy in 2026

Rediff.com31 Dec 2025

India, the world's fourth largest economy, is set to maintain the 'goldilocks' phase with tailwinds of good growth, low inflation and robust banking performance as well as reform initiatives poised to sustain the economic pace witnessed during 2025.

Bernstein Urges India To Accelerate Structural Reforms

Bernstein Urges India To Accelerate Structural Reforms

Rediff.com23 Apr 2026

Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.

Conflict with US, Israel in 'no war, no peace' state: Iran's envoy

Conflict with US, Israel in 'no war, no peace' state: Iran's envoy

Rediff.com2 May 2026

Iran's representative in India, Abdul Majeed Hakeem Ilahi, describes the ongoing tensions between Iran and the US-Israel alliance as a state of 'no war, no peace,' calling for an immediate halt to the conflict and questioning the lack of pressure on the US and Israel to cease aggression.