News for 'First in Economics'

'Pressure To Bear A Son Is More In The City'

'Pressure To Bear A Son Is More In The City'

Rediff.com17 Jun 2026

'Even lower middle class parents in cities opt for just one child. A son is a must.'

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.

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).

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.

Xi Jinping lands in North Korea to deepen ties, Kim receives him at airport

Xi Jinping lands in North Korea to deepen ties, Kim receives him at airport

Rediff.com8 Jun 2026

Chinese President Xi Jinping has arrived in Pyongyang for his first official visit in seven years, meeting with North Korean leader Kim Jong-un to reaffirm their long-standing friendship and pledge further development of bilateral relations amidst Pyongyang's deepening military ties with Moscow and China's assertions against Japan's 'new militarism'.

Pakistan's airstrikes on Afghanistan a violation of sovereignty, India tells UN

Pakistan's airstrikes on Afghanistan a violation of sovereignty, India tells UN

Rediff.com9 Jun 2026

India has strongly condemned Pakistan's military airstrikes against Afghanistan, citing significant civilian casualties, and criticised its 'trade and transit terrorism' against Afghan traders, calling these actions blatant violations of international law and UN norms.

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Rediff.com12 May 2026

Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Rediff.com2 Jun 2026

The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.

How Fuel Price Hikes Are Impacting Kerala's Economy

How Fuel Price Hikes Are Impacting Kerala's Economy

Rediff.com27 May 2026

Kerala is facing increased inflationary pressure due to recent hikes in petrol and diesel prices, according to Chief Minister V D Satheesan. The state's economy is also impacted by the decline in remittances from the Gulf and higher oil prices.

'Small-Caps Represent Best Opportunity In India'

'Small-Caps Represent Best Opportunity In India'

Rediff.com16 Jun 2026

'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'

Rupee breaches 95-level against US dollar for first time

Rupee breaches 95-level against US dollar for first time

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

IIP basket gets a refresh: Rare earths in, kerosene out

IIP basket gets a refresh: Rare earths in, kerosene out

Rediff.com26 May 2026

The new Index of Industrial Production (IIP) series, which shifts the base year from 2011-12 to 2022-23 and is scheduled for release on June 1, will, for the first time, track rare earths and minor minerals, piped natural gas (PNG), and water supply, sewerage and waste management.

Reliance Jio aims to be among first scalable token service providers

Reliance Jio aims to be among first scalable token service providers

Rediff.com5 Mar 2026

Reliance Jio is aiming to be one of the first scalable token service providers in the world by deeply adopting and integrating artificial intelligence (AI) into its operations, said Jio Platforms group chief executive officer (CEO) Mathew Oommen at the Mobile World Congress in Barcelona.

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.

'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.'

Trump-Xi Rapprochement: Time For India To Be Cautious

Trump-Xi Rapprochement: Time For India To Be Cautious

Rediff.com21 May 2026

India would confront a more entrenched China, a less dependable United States, and a regional order increasingly shaped by great-power bargaining over which it exercises limited influence, notes Amberish K Diwanji.

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Rediff.com4 Jun 2026

Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".

Trio win Nobel Economics for explaining how innovation fosters economic growth

Trio win Nobel Economics for explaining how innovation fosters economic growth

Rediff.com13 Oct 2025

The Royal Swedish Academy of Sciences announced on Monday that it has decided to award the Nobel Prize in Economics 2025 to Joel Mokyr, Philippe Aghion, and Peter Howitt "for having explained innovation-driven economic growth." The 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel goes to the trio, with one half awarded to Mokyr "for having identified the prerequisites for sustained growth through technological progress" and the other half jointly to Aghion and Howitt "for the theory of sustained growth through creative destruction."

AIFF To Amend Constitution, Discuss ISL Partner At SGM

AIFF To Amend Constitution, Discuss ISL Partner At SGM

Rediff.com22 May 2026

The All India Football Federation (AIFF) will hold a Special General Body Meeting to amend its constitution in line with the National Sports Governance Act and discuss the new commercial partner for the Indian Super League.

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

Rediff.com24 May 2026

The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.

Cash In Circulation Hits Record Rs 42.86 Trillion

Cash In Circulation Hits Record Rs 42.86 Trillion

Rediff.com22 May 2026

Cash remains dominant for many transactions despite continued expansion in digital payments across the country.

In Theatres In June: Cocktail 2, Welcome To The Jungle...

In Theatres In June: Cocktail 2, Welcome To The Jungle...

Rediff.com4 Jun 2026

Summer blockbusters spill on to June, as theatres line-up delayed releases at the box office. The month has a good mix of movies, and Joginder Tuteja lists your options.

India Is Lucky To Have Both Nehru And Modi

India Is Lucky To Have Both Nehru And Modi

Rediff.com10 Jun 2026

If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).

Lost many nationals in attacks on ships in Gulf, India tells UN

Lost many nationals in attacks on ships in Gulf, India tells UN

Rediff.com11 Jun 2026

India has expressed firm opposition to attacks on merchant shipping amidst the ongoing Iran conflict, revealing that several Indian nationals have died or are missing due to these incidents. The nation also called for restraint, de-escalation, and prioritising civilian safety in the region.

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

Rediff.com25 May 2026

Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.

'Shivakumar Is The Richest Politician In The Country'

'Shivakumar Is The Richest Politician In The Country'

Rediff.com5 Jun 2026

'In the (election) affidavit, he had declared Rs 1,400 crores as his assets. He has educational institutions, real estate, malls, etc.'

Subhash Kashyap: A Titan Passes Into The Ages

Subhash Kashyap: A Titan Passes Into The Ages

Rediff.com9 Jun 2026

Dr Subhash Kashyap not only enhanced Parliament's image in India and abroad, but also the position of Lok Sabha secretary-general which succeeding secretary-generals have upheld thorough neutrality, objectivity and high degree of professionalism, notes Rup Narayan Das.

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

Rediff.com27 May 2026

HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.

One In Three Indian Women Overweight

One In Three Indian Women Overweight

Rediff.com9 Jun 2026

Over the past year, the sale of injectable GLP-1 agonists (used to treat type 2 diabetes and obesity) such as Mounjaro, Wegovy and Ozempic have surged a whopping 218 per cent.

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Rediff.com14 May 2026

Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.

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.

10 Haunting Love Stories

10 Haunting Love Stories

Rediff.com9 Jun 2026

From October to Saiyaara, these Hindi love stories proved that romance still has the power to break hearts, move audiences and create box office magic in the age of violent cinema.

80 lakh women removed from Maharashtra's Ladki Bahin scheme

80 lakh women removed from Maharashtra's Ladki Bahin scheme

Rediff.com1 Jun 2026

Around 80 lakh women in Maharashtra have been disqualified from the Mukhyamantri Majhi Ladki Bahin scheme after failing to meet the e-KYC deadline, leading to accusations from opposition parties that the state government is reducing beneficiaries due to financial constraints.

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.

World Cup 2026: Can Football Unite a Fractured World?

World Cup 2026: Can Football Unite a Fractured World?

Rediff.com11 Jun 2026

The 2026 FIFA World Cup, co-hosted by the United States, Mexico, and Canada, is set to be football's largest tournament but will unfold against a backdrop of significant geopolitical tensions, including conflicts, strained alliances, and complex immigration policies, challenging its traditional role as a symbol of global unity.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.

Cow protection row: What Muslim members told constituent assembly in 1948

Cow protection row: What Muslim members told constituent assembly in 1948

Rediff.com27 May 2026

Amid calls from sections of the Muslim community that cow should be declared a national animal, a look at the Constituent Assembly debates shows that two Muslim members had sought an unambiguous spelling out of the state's stance on cow slaughter, with one of them even calling for prohibiting it as part of fundamental rights.

India emerges as global leader in IPOs: Economic Survey

India emerges as global leader in IPOs: Economic Survey

Rediff.com30 Jan 2026

The country's primary capital markets delivered a robust performance in FY26, emerging as a global leader in initial public offerings (IPOs) despite an uncertain environment, the Economic Survey said on Thursday.

The Bihar I Have Begun To Believe In

The Bihar I Have Begun To Believe In

Rediff.com3 Jun 2026

Bihar's greatest resource is not beneath its soil but above it -- its people. With a population approaching 140 million and one of India's youngest demographic profiles, Bihar possesses an asset many societies would envy, explains Bihar Governor Lieutenant General Syed Ata Hasnain (retd).

Trump-Xi Engagement Raises India's Concerns

Trump-Xi Engagement Raises India's Concerns

Rediff.com1 Jun 2026

The US-China rapprochement, however tenuous, is not without implications for India. Both China and Pakistan have become closer to the US, notes Ambassador T P Sreenivasan.