News for 'Economy'

Why I Want Iran To Win

Why I Want Iran To Win

Rediff.com28 Mar 2026

For that to happen America does not have to lose. It only has to do the right thing, asserts Aakar Patel.

Will Trump's 5 Day Pause End The War On Friday?

Will Trump's 5 Day Pause End The War On Friday?

Rediff.com24 Mar 2026

'Was the five-day pause ever meant to hold, or was it simply another instrument of signaling, of positioning, of buying time in a war where even the pauses are tactical?' asks Prem Panicker in his must read daily blog on the Gulf War.

Himanta Biswa Sarma: 'Infliltration A Long-Standing Challenge For Assam'

Himanta Biswa Sarma: 'Infliltration A Long-Standing Challenge For Assam'

Rediff.com26 Mar 2026

'Our government is committed to addressing it firmly while protecting the rights of genuine citizens.'

Ashwin questions KKR's bowling depth ahead of IPL 2026

Ashwin questions KKR's bowling depth ahead of IPL 2026

Rediff.com21 Mar 2026

Former India spinner Ravichandran Ashwin has raised concerns over the bowling strength of Kolkata Knight Riders, saying opposition teams may no longer feel threatened by their attack.

MEA reveals how India is responding to West Asia crisis

MEA reveals how India is responding to West Asia crisis

Rediff.com24 Mar 2026

The Ministry of External Affairs (MEA) has stated that Prime Minister Narendra Modi and External Affairs Minister S Jaishankar are actively engaged with world leaders to promote dialogue and diplomacy for peace in West Asia, while also ensuring the safety and well-being of the Indian community in the region.

The Season That Defined Them: IPL's One-Hit Wonders

The Season That Defined Them: IPL's One-Hit Wonders

Rediff.com27 Mar 2026

From breakout heroes to forgotten names, revisit IPL stars who dazzled for a season but failed to replicate their magic.

US 'grants' India-like waiver to all countries to buy Russian oil

US 'grants' India-like waiver to all countries to buy Russian oil

Rediff.com13 Mar 2026

The Trump administration has announced a temporary authorisation for countries to purchase Russian oil stranded at sea, aiming to stabilise global energy markets amid rising oil prices and tensions with Iran.

India Should Have Been Better Prepared For Gulf War

India Should Have Been Better Prepared For Gulf War

Rediff.com17 Mar 2026

'Our diplomacy should have been focused on preventing war and avoiding the inevitable disruptions it would cause, posing a real risk to India's growth story,' asserts former foreign secretary Shyam Saran.

Gulf War: Will Trump Strike A Deal With Iran?

Gulf War: Will Trump Strike A Deal With Iran?

Rediff.com28 Mar 2026

Saudi Arabia and the UAE are actively pushing Trump to take the war to its bitter finish and 'erase' Iran's presence in the geopolitics of the region. Simply put, the two most powerful Sunni Arab oligarchies are on the same page as Israel. Such interference increases the risk of a breakdown in dialogue between the US and Iran, points out Ambassador M K Bhadrakumar.

Maoist Surrenders Signal Insurgency's Endgame

Maoist Surrenders Signal Insurgency's Endgame

Rediff.com31 Mar 2026

As the March 31 deadline arrives, a wave of Maoist surrenders suggests insurgency's end, but political and social concerns remain.

IEA advocates work from home, reduced air travel to tackle oil shock

IEA advocates work from home, reduced air travel to tackle oil shock

Rediff.com20 Mar 2026

The International Energy Agency (IEA) has proposed immediate demand-side measures, including remote work, lower speed limits, and reduced air travel, to mitigate the impact of a global oil supply shock caused by Middle East disruptions.

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

Rediff.com6 Mar 2026

India's foreign exchange reserves have surged to an all-time high, reaching USD 728.494 billion, according to the Reserve Bank of India. This increase is attributed to a rise in foreign currency assets and gold reserves.

T20 World Cup: Why Varun Chakravarthy's Magic Is Fading

T20 World Cup: Why Varun Chakravarthy's Magic Is Fading

Rediff.com24 Feb 2026

India's mystery spinner Varun Chakaravarthy is becoming less effective in T20 Internationals as top teams develop strategies to decode his variations.

Trump's War Has Crossed Energy Rubicon. And There's No Turning Back

Trump's War Has Crossed Energy Rubicon. And There's No Turning Back

Rediff.com19 Mar 2026

For weeks, the war skirted the edge of catastrophe without tipping over. Missiles flew, there was much destruction, commanders were assassinated, cities across the Gulf and even in Israel struggled to absorb the shock. But one line held: Energy infrastructure, the arteries of the global economy, remained largely untouched. That is no longer true. Prem Panicker continues his must read daily blog on the Gulf War.

China hikes defence budget by 7% to $277 billion

China hikes defence budget by 7% to $277 billion

Rediff.com5 Mar 2026

China's latest defence budget surges to $275 billion, fueling its ambitious military modernisation program and intensifying geopolitical dynamics in the region.

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com9 Mar 2026

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Rediff.com15 Mar 2026

Fitch Ratings on Friday said persistently higher oil prices could cause India's retail inflation to rise faster than the expected gradual pace, and lead to a slowdown in economic growth in the first half of financial year 2026-27 (FY27).

Iran launches new wave of missiles after US bombs Kharg Island

Iran launches new wave of missiles after US bombs Kharg Island

Rediff.com14 Mar 2026

The incident came shortly after a spokesperson from Iran's military warned that Tehran could target ports and docks in the United Arab Emirates following recent United States strikes on Kharg Island, a key hub for Iran's oil exports.

Ambani's Reliance to Invest Rs 10 Lakh Crore in AI Revolution

Ambani's Reliance to Invest Rs 10 Lakh Crore in AI Revolution

Rediff.com19 Feb 2026

Mukesh Ambani announced a 10 lakh crore investment by Reliance Industries to revolutionize artificial intelligence in India, focusing on building sovereign compute infrastructure and making AI accessible and affordable for all.

'India's Mettle Will Be Tested In Gulf War'

'India's Mettle Will Be Tested In Gulf War'

Rediff.com30 Mar 2026

'India's ties with Israel have to do with defence and general technology.' 'The war changes nothing in what India and Israel hope to get from the relationship.' 'It's not as though India will get significantly more benefits from Iran if India abandons Israel at this time.'

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Rediff.com26 Mar 2026

We cannot simply have a 60-65 per cent import dependency in LPG, the bulk of which comes from just one volatile region -- West Asia, points out R Jagannathan.

Arshdeep's Crucial Over, Bumrah's Twin Strike Win Praise

Arshdeep's Crucial Over, Bumrah's Twin Strike Win Praise

Rediff.com2 Mar 2026

Ravichandran Ashwin praised Arshdeep Singh's crucial 19th over and Abhishek Nayar hailed Jasprit Bumrah's game-changing spell against West Indies in the Super 8 match at Eden Gardens in Kolkata on Sunday.

Gulf region braces for low-key Eid amid conflict, security concerns

Gulf region braces for low-key Eid amid conflict, security concerns

Rediff.com19 Mar 2026

Citizens and residents across the Gulf region are preparing for Eid amidst regional conflict, impacting festivities and daily life.

Pakistan spinner Abrar Ahmed signed by Indian-owned Sunrisers Leeds in Hundred auction

Pakistan spinner Abrar Ahmed signed by Indian-owned Sunrisers Leeds in Hundred auction

Rediff.com12 Mar 2026

In February, the BBC reported that Manchester Super Giants, MI London, Southern Brave, and Sunrisers Leeds would not consider signing Pakistani players for the United Kingdom-based competition amid tensions between neighbours India and Pakistan.

War Exposes Cracks in US-Israel Alliance

War Exposes Cracks in US-Israel Alliance

Rediff.com20 Mar 2026

Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.

Trump livid as NATO allies refuse help on Hormuz Strait

Trump livid as NATO allies refuse help on Hormuz Strait

Rediff.com17 Mar 2026

President Trump asserts the US military has decimated Iran's forces and no longer requires assistance from NATO allies to secure the Strait of Hormuz, despite earlier requests for support.

Aiyar versus Tharoor: Congress's men of letters in war of letters

Aiyar versus Tharoor: Congress's men of letters in war of letters

Rediff.com12 Mar 2026

A public exchange of open letters between Congress leaders Mani Shankar Aiyar and Shashi Tharoor reveals a significant rift over foreign policy, particularly concerning Israel and the Sabarimala temple issue.

Rs 14 Trillion Investor Wealth Wiped Out

Rs 14 Trillion Investor Wealth Wiped Out

Rediff.com7 Mar 2026

Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.

Champions RCB Primed For IPL 2026 with Depth And Firepower

Champions RCB Primed For IPL 2026 with Depth And Firepower

Rediff.com24 Mar 2026

Defending champions RCB head into IPL 2026 with a balanced squad, strong batting core and pace attack, aiming for back-to-back titles after their historic 2025 triumph.

RBI pauses rate cuts, retains interest rate at 5.25%

RBI pauses rate cuts, retains interest rate at 5.25%

Rediff.com6 Feb 2026

After a 25 basis point rate cut in December, the RBI on Friday decided to pause on the policy rate front amid geopolitical uncertainties.

The Gulf War: What's Pakistan Up To?

The Gulf War: What's Pakistan Up To?

Rediff.com31 Mar 2026

Egypt, Pakistan, Saudi Arabia and Turkey met in Islamabad in what analysts say is the formal opening of a new diplomatic formation that could reshape the post-war regional order. Their immediate goal is a ceasefire; their larger ambition is to ensure that neither Iran nor Israel emerges from this war in a dominant position. Pakistan's foreign minister then flew directly to Beijing and mooted a Chinese role as guarantor of any eventual agreement. Prem Panicker continues his must read daily blog on the Gulf War.

Delhi Police Disrupts Drug Network by Detaining Trafficker and Moving Him to Chennai

Delhi Police Disrupts Drug Network by Detaining Trafficker and Moving Him to Chennai

Rediff.com12 Mar 2026

Delhi Police have detained a 44-year-old drug trafficker and moved him to a Chennai prison under the PITNDPS Act to disrupt narcotics supply chains.

IPL 2026: Samson, Young Guns Drive CSK's Rebuild

IPL 2026: Samson, Young Guns Drive CSK's Rebuild

Rediff.com30 Mar 2026

Chennai Super Kings head into IPL 2026 with a young squad, new signings like Sanju Samson and a focus on rebuilding as Mahendra Singh Dhoni's era nears its final chapter.

Attack that killed Indian crew member was deliberate: Safesea chief

Attack that killed Indian crew member was deliberate: Safesea chief

Rediff.com13 Mar 2026

The chairman of maritime company Safesea Group has described the attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, as "deliberate and calculated". He emphasised the need for governments to ensure the safety of commercial shipping lanes and seafarers.

T20 WC: Bumrah becomes 8th Indian to grab 500 international wickets

T20 WC: Bumrah becomes 8th Indian to grab 500 international wickets

Rediff.com6 Mar 2026

Jasprit Bumrah becomes 8th Indian to complete 500 international wickets

GST reforms injected Rs 2 lakh crore into economy: Sitharaman

GST reforms injected Rs 2 lakh crore into economy: Sitharaman

Rediff.com17 Sep 2025

Union Finance Minister Nirmala Sitharaman on Wednesday said the Next Gen GST reforms have infused Rs 2 lakh crore into the economy, which has left people with more cash on hand, which otherwise would have gone to taxes.

War In The Strait Of Hormuz Has Landed On A Tawa In Mumbai

War In The Strait Of Hormuz Has Landed On A Tawa In Mumbai

Rediff.com2 Apr 2026

The LPG squeeze on India's restaurant sector is the quotidian face of a deeper crisis.

Karnataka Enhances Quantum Computing Capabilities with QpiAI System at IIIT Dharwad

Karnataka Enhances Quantum Computing Capabilities with QpiAI System at IIIT Dharwad

Rediff.com11 Mar 2026

The Karnataka government has announced the installation of a 25-qubit quantum computing system at the Indian Institute of Information Technology (IIIT), Dharwad and IIIT-Raichur, enhancing the state's quantum computing ecosystem.

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Rediff.com17 Mar 2026

Global cybersecurity firm Kaspersky plans to significantly increase its investments in India, leveraging the country as a hub for regional services due to strong financial performance and the escalating threat landscape.

NVIDIA CEO: AI Driving Trillion-Dollar Infrastructure Boom and Blue-Collar Job Creation

NVIDIA CEO: AI Driving Trillion-Dollar Infrastructure Boom and Blue-Collar Job Creation

Rediff.com11 Mar 2026

NVIDIA CEO Jensen Huang argues that Artificial Intelligence is driving the largest infrastructure buildout in human history, requiring trillions of dollars in investment and creating significant demand for skilled blue-collar labour.