News for 'Economy'

Trump, Xi hold talks in the 'biggest summit ever'

Trump, Xi hold talks in the 'biggest summit ever'

Rediff.com14 May 2026

US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.

India's economy projected to grow at 6.8 to 7.2% in FY27: Economic Survey

India's economy projected to grow at 6.8 to 7.2% in FY27: Economic Survey

Rediff.com29 Jan 2026

The Economic Survey on Thursday projected the GDP growth in the range of 6.8 to 7.2 per cent in 2026-27, a tad lower than 7.4 per cent estimated in the current fiscal.

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Rediff.com11 May 2026

Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Rediff.com13 May 2026

Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.

Starmer Expresses Relief After Shooting Near Trump

Starmer Expresses Relief After Shooting Near Trump

Rediff.com26 Apr 2026

British Prime Minister Keir Starmer contacted US President Donald Trump to express his relief following a shooting incident near the White House Correspondents Dinner. The leaders also discussed the need to restore freedom of navigation in the Strait of Hormuz.

ED probes Christian group over foreign card cash deals in Maoist areas

ED probes Christian group over foreign card cash deals in Maoist areas

Rediff.com25 Apr 2026

The Enforcement Directorate (ED) is investigating the use of foreign debit cards by a global Christian mission to withdraw crores of rupees in Naxal violence-hit regions of India. Searches were conducted in multiple states, and foreign debit cards, cash, and digital devices were seized.

Arvind Subramanian: Be Wary of China Bashing

Arvind Subramanian: Be Wary of China Bashing

Rediff.com14 May 2026

It seems odd to criticise a country for delivering growth rates in standards of living and consumption that have been perhaps the fastest, longest, and most broad-based (affecting hundreds of millions of people) in history, points out Arvind Subramanian.

US enforces strict naval blockade on Iran, halts maritime trade

US enforces strict naval blockade on Iran, halts maritime trade

Rediff.com16 Apr 2026

The United States Central Command (CENTCOM) has confirmed the implementation of a naval blockade on Iranian ports, enforcing strict measures on vessels entering or departing, significantly escalating tensions between the two nations.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

Air India plans to complete B787-8 retrofit by Q1 2028

Air India plans to complete B787-8 retrofit by Q1 2028

Rediff.com20 Apr 2026

Air India is undertaking a $400 million programme to modernise its legacy fleet, with plans to complete the retrofit of its entire Boeing 787-8 fleet by the first quarter of 2028 and its Boeing 777 fleet by 2029.

At $4.18 tn, India overtakes Japan as 4th largest economy, says govt

At $4.18 tn, India overtakes Japan as 4th largest economy, says govt

Rediff.com30 Dec 2025

India's real GDP grew 8.2 percent in the second quarter of 2025-26, up from 7.8 percent in the first quarter and 7.4 percent in the fourth quarter of the last fiscal.

KKR's spin threat awaits inconsistent RCB in playoff race

KKR's spin threat awaits inconsistent RCB in playoff race

Rediff.com13 May 2026

Royal Challengers Bengaluru will aim to rediscover their batting form against Kolkata Knight Riders, whose in-form bowling attack has revived their IPL 2026 playoff hopes.

Why Trump Enforced A Naval Blockade In Strait Of Hormuz

Why Trump Enforced A Naval Blockade In Strait Of Hormuz

Rediff.com25 Apr 2026

The US blockade on Iranian ports is aimed to curb Iranian energy exports, thereby crippling its economy to force Iran back to the negotiating table, points out Commodore Venugopal Menon (retd).

'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.'

Punjab Minister Accuses BJP Of Trying To Disrupt Peace

Punjab Minister Accuses BJP Of Trying To Disrupt Peace

Rediff.com6 May 2026

Punjab Finance Minister Harpal Singh Cheema has condemned the recent blasts in Amritsar and Jalandhar, calling them a deliberate attempt to spread terror and disrupt the state's peace. He accused the BJP of trying to create an atmosphere of fear and division for political gains ahead of elections.

5 Wins: How GT Took Over IPL 2026

5 Wins: How GT Took Over IPL 2026

Rediff.com13 May 2026

Gujarat Titans have defied expectations to lead the IPL 2026 points table, showcasing a remarkable turnaround powered by a strong bowling unit, the inclusion of Jason Holder and Shubman Gill's effective leadership.

Trump to visit China this week amid global tension

Trump to visit China this week amid global tension

Rediff.com11 May 2026

US President Donald Trump will visit China from May 13 to 15 at the invitation of President Xi Jinping. The visit occurs amidst global tensions, including the war in West Asia and trade disputes between the US and China. Discussions are expected to cover China-US relations, world peace, and economic issues.

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Rediff.com23 Apr 2026

Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.

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.

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.

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Rediff.com13 May 2026

India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.

Pinarayi Vijayan Accepts Election Defeat In Kerala

Pinarayi Vijayan Accepts Election Defeat In Kerala

Rediff.com7 May 2026

Former Kerala Chief Minister Pinarayi Vijayan acknowledges the LDF's defeat in the Assembly elections, vowing to serve as a responsible opposition and address shortcomings.

India flags energy, maritime threats at BRICS amid West Asia crisis

India flags energy, maritime threats at BRICS amid West Asia crisis

Rediff.com15 May 2026

India has expressed serious concerns about the West Asia crisis and its potential impact on energy supplies and maritime stability, urging BRICS nations to find practical solutions to geopolitical challenges and unilateral sanctions.

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Rediff.com14 May 2026

Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.

Were The West Bengal Elections Fair?

Were The West Bengal Elections Fair?

Rediff.com7 May 2026

The extent of doubts over the fairness of this election can be assessed by juxtaposing two figures: Total votes polled by the two principal parties and the number of people who were disallowed from voting this time, observes Nilanjan Mukhopadhyay.

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rediff.com5 May 2026

The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.

IPL 2026: 'Relieve Pant Of LSG Captaincy'

IPL 2026: 'Relieve Pant Of LSG Captaincy'

Rediff.com5 May 2026

'The pressure and responsibility of captaincy is slowly making us lose Rishabh Pant, the batter.'

IPL 2026: KKR's Mystery Man Is Back: Varun Chakravarthy Turns Season Around

IPL 2026: KKR's Mystery Man Is Back: Varun Chakravarthy Turns Season Around

Rediff.com4 May 2026

Varun Chakravarthy, the Kolkata Knight Riders' mystery spinner, overcame a difficult start to the IPL season, battling injury and form to rediscover his wicket-taking ability and boost KKR's chances in the tournament.

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.

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.

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.

FY26 Direct Tax Collection Rises 5% to Rs 23.40 Lakh Crore, Misses Revised Target

FY26 Direct Tax Collection Rises 5% to Rs 23.40 Lakh Crore, Misses Revised Target

Rediff.com4 May 2026

India's net direct tax collections increased by 5.12 per cent to over Rs 23.40 lakh crore in the 2025-26 fiscal year, but this figure still fell short of the revised budget target of Rs 24.21 lakh crore, primarily due to income tax cuts implemented earlier in the year.

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.

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.

UP ramps up services to achieve $50 bn export goal, eyes $1-trn economy

UP ramps up services to achieve $50 bn export goal, eyes $1-trn economy

Rediff.com2 Jan 2026

To meet its $50-billion export target by 2030, the Uttar Pradesh government is looking to significantly scale up services sector, with a focus on Information Technology (IT) and Global Capability Centres (GCC) domains. Under the UP Export Promotion Policy 2025-30, the state aims to raise goods and services exports from $21 billion in 2024 to $50 billion by 2030.

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.

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?

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.

Every religion will break...: SC in Dawoodhi Bohras case

Every religion will break...: SC in Dawoodhi Bohras case

Rediff.com7 May 2026

The Supreme Court of India has voiced concerns about the potential consequences of individuals questioning religious practices in constitutional courts, warning it could lead to the fragmentation of religions and civilisation. A nine-judge Constitution bench is hearing petitions related to discrimination against women at religious places and the scope of religious freedom.

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.