News for 'First in Economics'

China, US, India must compensate Nepal for flash floods: Khanal

China, US, India must compensate Nepal for flash floods: Khanal

Rediff.com2 Sep 2026

Nepal has launched a diplomatic initiative to secure climate-related compensation from major greenhouse gas emitters, asserting that post-disaster assistance for recent deadly flash floods should be viewed as a moral and legal liability, not charity. Foreign Minister Shisir Khanal highlighted Nepal's disproportionate suffering from global warming despite negligible emissions, citing rapid glacier melt and extreme mountain disasters. The country has formally approached the Loss and Damage Fund board for urgent financial aid following a catastrophic flash flood in the Bhotekoshi river basin.

Putin Offers More Fertilisers To India

Putin Offers More Fertilisers To India

Rediff.com25 Aug 2026

Russia remains India's biggest fertiliser supplier, with imports rising nearly 40 per cent in 2025.

Doing Your PhD? You Could Get A Rs 33,000 Scholarship

Doing Your PhD? You Could Get A Rs 33,000 Scholarship

Rediff.com28 Aug 2026

Jawaharlal Nehru Memorial Fund invites applications for Jawaharlal Nehru Scholarships for Doctoral Studies for the year 2026. A candidate may apply for scholarship in any one of the following areas of specialization:: Indian History & Civilization, Sociology, Comparative Studies in Religion & Culture, Ecology & Environment and Economics

PhonePe Charts Ambitious Decade-Long Digital Progress Roadmap

PhonePe Charts Ambitious Decade-Long Digital Progress Roadmap

Rediff.com9 Sep 2026

PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.

PTI Chief On Media's Role: Scepticism Over Cynicism

PTI Chief On Media's Role: Scepticism Over Cynicism

Rediff.com5 Sep 2026

PTI Editor-in-Chief Vijay Joshi emphasised that democracy thrives on citizens who question everything, not those who blindly believe or disbelieve. Speaking at 'Media Conclave 2026', he highlighted the challenges posed by social media, the focus on speed over verification, and AI-generated fake content, stressing the importance of media credibility for informed decision-making.

SCO approves anti-terror security centre after Modi's warning

SCO approves anti-terror security centre after Modi's warning

Rediff.com1 Sep 2026

India has highlighted 13 key outcomes from the recent Shanghai Cooperation Organisation (SCO) summit, focusing on enhanced cooperation in security, counter-terrorism, and addressing transnational threats. These outcomes include the establishment of a Universal Centre for Countering Challenges and Threats to Security, a strong stance against state-sponsored terrorism, and agreements on narcotics control, climate change, and artificial intelligence, reinforcing India's engagement in the Eurasian region.

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rediff.com7 Sep 2026

Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.

Messi Retires! The Milestones That Defined His International Career

Messi Retires! The Milestones That Defined His International Career

Rediff.com31 Aug 2026

Lionel Messi, widely regarded as one of the greatest footballers of all time, has announced his retirement from international football, concluding a career marked by numerous club and international accolades, including multiple Ballon d'Or awards and a World Cup title.

GDP data, crude oil prices, US jobs report to dictate market trends

GDP data, crude oil prices, US jobs report to dictate market trends

Rediff.com30 Aug 2026

Analysts predict that the Indian stock market's sentiment this week will be primarily influenced by the domestic GDP data announcement, crude oil prices, and the crucial US non-farm payrolls report.

Why Japan Is Expanding Defence Ties Beyond India

Why Japan Is Expanding Defence Ties Beyond India

Rediff.com19 Aug 2026

Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.

Govt defends new GDP estimates, says revisions reflect data upgrades, not higher growth by design

Govt defends new GDP estimates, says revisions reflect data upgrades, not higher growth by design

Rediff.com2 Sep 2026

India's statistics ministry has defended its newly released economic growth estimates, stating that revisions to last year's GDP and the divergence between different price measures reflect updated data and estimation techniques rather than an attempt to artificially boost headline growth.

SC rejects Aravalli panel extension, sticks to Nov 30 deadline

SC rejects Aravalli panel extension, sticks to Nov 30 deadline

Rediff.com7 Sep 2026

The Supreme Court has rejected a High-Powered Committee's request for a six-month extension to submit its report on the definition and protection of the Aravalli Hills, directing the panel to submit it by November 30. The court warned of reconstituting the committee if it fails to meet the deadline and emphasised the need for issue-specific interim reports. This decision follows a previous controversy over the Aravalli definition and mining regulations.

Raghav Chadha Highlights India's Digital Transformation At Global Conference

Raghav Chadha Highlights India's Digital Transformation At Global Conference

Rediff.com6 Sep 2026

BJP MP Raghav Chadha addressed the 12th IPU Global Conference of Young Parliamentarians in Samarkand, Uzbekistan, highlighting India's digital transformation journey. He emphasised how technology is widening access and promoting inclusion, citing UPI's success, affordable data, and robust data protection laws. Chadha also discussed India's digital cooperation with Uzbekistan and the importance of digital rights, safety, and skill development for all citizens.

Why ISRO May Retire GSLV-Mk II

Why ISRO May Retire GSLV-Mk II

Rediff.com4 Sep 2026

'It is not economical to operate GSLV-Mk II due to its cost and complexity. Future launches to be managed with LVM3.'

No tolerance for abusive remarks against women, CM Vijay warns Oppn

No tolerance for abusive remarks against women, CM Vijay warns Oppn

Rediff.com7 Sep 2026

Tamil Nadu Chief Minister C Joseph Vijay issued a stern warning against personal attacks, double-meaning insults, and derogatory language targeting women, particularly in political discourse. Speaking in the Assembly, he recalled past humiliations faced by late CM J Jayalalithaa and condemned recent incidents involving women personalities, stressing that such behaviour would face immediate legal consequences. He also outlined his administration's vision for public security and zero-tolerance against crime.

AMI To Deploy 9,000 Nvidia Rubin GPUs

AMI To Deploy 9,000 Nvidia Rubin GPUs

Rediff.com26 Aug 2026

The Hyderabad AI factory is being designed to run some of the world's largest and most sophisticated AI models, including trillion-parameter models and next-generation agentic AI applications.

'Modi's Concerned About India's Economic Vulnerabilities'

'Modi's Concerned About India's Economic Vulnerabilities'

Rediff.com14 May 2026

'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'

Vijay shelves Parandur airport; announces more free LPGs, bus travel for women

Vijay shelves Parandur airport; announces more free LPGs, bus travel for women

Rediff.com24 Aug 2026

Making several announcements in the assembly, Vijay, fulfilling TVK's key electoral assurances, announced three free cooking gas cylinders and also declared that the Parandur greenfield airport project will be shelved.

'Rs 12 Lakh Crore Disappeared from India's GDP'

'Rs 12 Lakh Crore Disappeared from India's GDP'

Rediff.com4 Sep 2026

'The fundamental issue that I have raised, how come India's GDP in current prices went down from Rs 86 lakh crore down to Rs 80 lakh crore -- a staggering erasure of Rs 6 lakh crore. This disappearance of Rs 6 lakh crore has not been answered by anyone.'

Bangladesh ready to join Saudi-Pak-Turkiye defence alliance

Bangladesh ready to join Saudi-Pak-Turkiye defence alliance

Rediff.com23 Aug 2026

Bangladesh is considering joining a newly formed defence alliance between Saudi Arabia, Pakistan, and Turkiye, with junior ministers stating that any decision would be based on national interests and a "Bangladesh First" policy. The pact, signed in Makkah, aims for collective deterrence.

Why Foreign MBBS Graduates Keep Failing FMGE

Why Foreign MBBS Graduates Keep Failing FMGE

Rediff.com4 Sep 2026

Of the 37,448 candidates registered for the Foreign Medical Graduate Examination (FMGE) in June, 36,288 appeared and 4,635 qualified.

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

India, 163 other nations back UN's 'Correct the World map' move; US opposes

India, 163 other nations back UN's 'Correct the World map' move; US opposes

Rediff.com5 Sep 2026

The UN General Assembly has adopted a resolution, backed by India, to correct the world map for a more accurate representation of continental landmasses. The resolution addresses the distortions caused by the widely used Mercator projection, which minimises the perceived sizes of regions like Africa, Latin America, and South Asia, promoting an unbalanced global view. India supports the move towards more accurate cartographic practices, specifically endorsing broader use of Equal Area map projections.

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Rediff.com28 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after two days of losses, driven by strong buying in blue-chip IT stocks and a rally in global markets.

Government Coaching Plan May Pressure Coaching Centres

Government Coaching Plan May Pressure Coaching Centres

Rediff.com27 Aug 2026

'If a student can get a good teacher, quality content and mock tests at no cost, it becomes very hard for a mid-tier coaching centre to keep charging for the same lecture.'

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com7 Sep 2026

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

How AI Weather Forecasts Are Transforming Farming In Telangana

How AI Weather Forecasts Are Transforming Farming In Telangana

Rediff.com9 Aug 2026

A World Bank report highlights how Artificial Intelligence-powered weather forecasts have enabled small farmers in Telangana, India, to save up to USD 560 by adapting their farming practices to specific risks. The report, "The Promise of Artificial Intelligence," advocates for developing countries to rapidly adopt small, low-cost AI tools to enhance productivity, improve government services, and avoid missing out on the AI revolution.

Blinkit extends lead in quick commerce, outperforming rivals beyond major cities

Blinkit extends lead in quick commerce, outperforming rivals beyond major cities

Rediff.com27 Aug 2026

A new CLSA report indicates that Eternal's Blinkit is significantly widening its lead in India's quick-commerce sector, particularly beyond major metropolitan areas, by expanding its dark store network and securing a first-mover advantage in over 180 cities.

Why UPI Should Be Kept Free

Why UPI Should Be Kept Free

Rediff.com31 Aug 2026

Making UPI payments fee-based for some transactions could enhance mental reservations against digital payments -- which have largely been overcome -- once more. Do we want to regress?, asks R Jagannthan.

'India Doesn't Need To Fear Turkish Or Saudi Interventions In A Future India-Pakistan Conflict'

'India Doesn't Need To Fear Turkish Or Saudi Interventions In A Future India-Pakistan Conflict'

Rediff.com2 Sep 2026

'It beggars belief that Saudi Arabia would deploy military force against India, a top partner and market.'

Caste, Covid jab: What citizens have to answer in Census 2027

Caste, Covid jab: What citizens have to answer in Census 2027

Rediff.com14 Aug 2026

The Centre has notified 40 questions for the upcoming Census 2027, including caste and place of Covid vaccination, marking the first time caste details will be collected as part of the decadal exercise. The population enumeration will be a fully digital process, with an option for self-enumeration.

'You Can Spend 300 Cr, But You Can't Buy Audience Love'

'You Can Spend 300 Cr, But You Can't Buy Audience Love'

Rediff.com5 Sep 2026

'Hanuman Ansh has demonstrated that content is king, and the audience is the ultimate judge.'

Govt Plans Airport Auction Cap

Govt Plans Airport Auction Cap

Rediff.com31 Aug 2026

'The number of airport bundles that may be awarded to a single bidder would be capped.'

Amid global uncertainty, RBI raises GDP forecast, lowers inflation projection

Amid global uncertainty, RBI raises GDP forecast, lowers inflation projection

Rediff.com5 Aug 2026

The Reserve Bank of India has marginally increased its GDP forecast for the current fiscal to 6.7 per cent while slightly lowering the inflation projection to 5 per cent. The central bank noted that while domestic economic activity shows resilience, global turbulence, particularly re-escalating conflicts and volatile oil prices, continues to pose risks to the inflation outlook.

Why Southern States Want Families To Have More Kids

Why Southern States Want Families To Have More Kids

Rediff.com1 Sep 2026

Southern chief ministers fear population stabilisation could reduce their parliamentary representation and tax devolution benefits.

Why ISRO Staff Are Worried About ISRO's Future

Why ISRO Staff Are Worried About ISRO's Future

Rediff.com7 Sep 2026

A rocket designed and developed by ISRO is being transferred to industry for production.
Nine ISRO associations want to know whether this is simply an effort to expand India's industrial capacity or part of a larger policy under which ISRO itself will eventually withdraw from rocket manufacturing.

'Ethanol Blending Has Not Led to Sugar's Price Rise'

'Ethanol Blending Has Not Led to Sugar's Price Rise'

Rediff.com1 Sep 2026

'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'

'China's Biggest Threat Is Not America, But The Dalai Lama'

'China's Biggest Threat Is Not America, But The Dalai Lama'

Rediff.com3 Sep 2026

'I know China will implode. It is scientifically impossible for China to control a nation through the barrel of a gun.'

10 Questions Every First-Time Health Insurance Buyer Must Ask

10 Questions Every First-Time Health Insurance Buyer Must Ask

Rediff.com7 Jul 2026

The best time to buy health insurance is when you don't think you need it.