News for 'Global Economy'

Ethiopia PM drives Modi to his hotel in Addis Ababa

Ethiopia PM drives Modi to his hotel in Addis Ababa

Rediff.com17 Dec 2025

Prime Minister Narendra Modi visited Ethiopia on a bilateral visit, engaging with Ethiopian leadership to strengthen partnerships in various sectors. He was warmly welcomed by Prime Minister Abiy Ahmed Ali and participated in cultural events, highlighting the strong ties between the two nations.

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

Iran shutting Hormuz Strait will impact Indian economy: Experts

Iran shutting Hormuz Strait will impact Indian economy: Experts

Rediff.com22 Jun 2025

The Israel-Iran conflict has entered a 'decisive phase' after the United States bombed three major Iranian nuclear sites Sunday morning, feel strategic affairs experts with some of them arguing it was Washington, DC's 'responsibility' to not get involved in the military standoff.

Indian economy likely to be 'a little weaker' in 2025: IMF MD

Indian economy likely to be 'a little weaker' in 2025: IMF MD

Rediff.com11 Jan 2025

The Indian economy is expected to be "a little weaker" in 2025 despite steady global growth, IMF managing director Kristalina Georgieva has said. Georgieva also said she expects quite a lot of uncertainty in the world this year mainly around the trade policy of the US. In her annual media roundtable with a group of reporters on Friday, she said global growth is expected to be steady in 2025, but with regional divergence.

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Rediff.com30 Sep 2025

Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will reduce prospects, particularly in the second half, ADB said on Tuesday.

India free to buy oil from sources it deems beneficial, says Russia

India free to buy oil from sources it deems beneficial, says Russia

Rediff.com9 Dec 2025

Two days after Russian President Vladimir Putin concluded his visit to India, during which he assured that Moscow would remain a reliable energy supplier, the Kremlin on Monday said that India, as a sovereign nation, is free to buy oil from sources it deems beneficial. It expressed confidence that New Delhi will continue to prioritise its economic interests.

Will Gold's Bull Run Continue in 2026?

Will Gold's Bull Run Continue in 2026?

Rediff.com31 Dec 2025

'We expect modest returns in 2026 versus the steep gains seen over the past few years.'

Sensex sheds 436 pts on profit booking in bank, oil shares

Sensex sheds 436 pts on profit booking in bank, oil shares

Rediff.com9 Dec 2025

Among the Sensex constituents, Asian Paints, Tech Mahindra, HCL Technologies, Tata Steel, Maruti Suzuki India, Sun Pharmaceuticals, Tata Consultancy Services, ICICI Bank, Bajaj Finance, UltraTech Cement, Mahindra & Mahindra and Tata Motors Passenger Vehicles were the laggards. However, Eternal, Titan, Adani Ports, Bharat Electronics Ltd, State Bank of India, Bajaj Finserv, NTPC and Bharti Airtel were among the gainers.

Why Rupee Depreciation Should Not Be Resisted

Why Rupee Depreciation Should Not Be Resisted

Rediff.com4 Dec 2025

'Calibrated depreciation will help rebalance external fundamentals, offset some of the tariff differentials with competitors, improve the competitiveness of domestic substitutes vis-a-vis Chinese imports, and contribute to the easing of financial conditions at a time when the inflation rate is unusually low,' explains Sajjid Z Chinoy, head of Asia Economics at JP Morgan.

Why Venezuela Did Not Celebrate Maduro's Fall

Why Venezuela Did Not Celebrate Maduro's Fall

Rediff.com14 Jan 2026

Years of repression and disappearances have taught Venezuelans, the hard way, not to voice either their anger or their joy, observes Radha Roy Biswas who spent her formative years in Venezuela.

India GDP estimated to grow at 7.5 pc in FY26

India GDP estimated to grow at 7.5 pc in FY26

Rediff.com17 Dec 2025

India's real gross domestic product (GDP) is likely to grow at 7.5 per cent in FY26 and moderate to 7 per cent in the subsequent fiscal year, a domestic rating agency said on Wednesday.

Eyes on global economies after Fed keeps markets guessing

Eyes on global economies after Fed keeps markets guessing

Rediff.com19 Sep 2015

In the United States, economic data is likely to take a back seat next week.

Beijing dodges India's Indus Treaty move at China-Pak strategic talks

Beijing dodges India's Indus Treaty move at China-Pak strategic talks

Rediff.com5 Jan 2026

China and Pakistan concluded their strategic dialogue, reiterating their opposition to unilateral actions in South Asia and discussing Kashmir, Afghanistan, and trilateral cooperation.

How RBI Governor Fared In The First Year

How RBI Governor Fared In The First Year

Rediff.com29 Dec 2025

Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.

Gold, silver rally to extend record run

Gold, silver rally to extend record run

Rediff.com14 Dec 2025

Gold and silver prices are poised to maintain their record-setting rally in the coming week as investors focus on global inflation data and key macroeconomic indicators that shape central bank policy paths, analysts said.

Cong announces farm laws-style stir against MGNREGA repeal

Cong announces farm laws-style stir against MGNREGA repeal

Rediff.com27 Dec 2025

The Congress will launch a nationwide campaign against the repeal of the United Progressive Alliance-era rural employment legislation Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) on January 5, similar to the pushback against the three farm laws which eventually forced the Narendra Modi government to rollback its decision, party president Mallikarjun Kharge said.

Why YouTube Is Investing In India

Why YouTube Is Investing In India

Rediff.com30 Dec 2025

'As a nation, we create beautiful content and a high volume of it (films) but we are limited by the number of theatres and screen density.' 'You now have a living-room large screen available to showcase that.'

Trump Is Winning Tariff War Hands Down

Trump Is Winning Tariff War Hands Down

Rediff.com18 Aug 2025

Donald Trump's tariffs, meant as political punishment, have avoided the predicted chaos, lifting US growth, weakening rivals, and letting him claim victory in a resilient global economy, observes T T Ram Mohan.

Is India Standing Alone in 2025?

Is India Standing Alone in 2025?

Rediff.com22 Dec 2025

The 2025 US National Security Strategy marks a major pullback, with America turning backward and effectively allowing China greater dominance in Asia. while long-time partners like India are left to face an increasingly unstable global order largely on their own, observes Rajeev Srinivasan.

From fear to footfalls: Kashmir tourism's slow return after Pahalgam

From fear to footfalls: Kashmir tourism's slow return after Pahalgam

Rediff.com28 Dec 2025

The Pahalgam attack in Jammu and Kashmir impacted tourism, but recovery efforts are underway with government initiatives and events to promote the region and boost MICE tourism.

'Govt Has Executed A Commendable Task'

'Govt Has Executed A Commendable Task'

Rediff.com5 Dec 2025

'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'

Richest 10% Hold 65% of India's Wealth

Richest 10% Hold 65% of India's Wealth

Rediff.com11 Dec 2025

A larger part of India's population was in the middle 40 per cent of the national income share in 1980. Today almost all are in the bottom 50 per cent.

India Inc's profits relative to capital employed at 14-yr high

India Inc's profits relative to capital employed at 14-yr high

Rediff.com22 Dec 2025

Companies are squeezing more profits from their operations relative to the capital they put to work, the highest now since 2011. Profit after tax relative to capital employed came in at 10.47 per cent in September, shows data from the Centre for Monitoring Indian Economy (CMIE), higher than the 8.41 per cent seen in September last year. This is the highest since March 2010.

Insurance: Lack of legacy distribution network a challenge for foreign cos

Insurance: Lack of legacy distribution network a challenge for foreign cos

Rediff.com22 Dec 2025

The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.

ISRO planning 7 more launches this financial year

ISRO planning 7 more launches this financial year

Rediff.com16 Nov 2025

Indian Space Research Organisation is gearing up for one of its busiest times with seven more launches planned this financial year, even as India's first human spaceflight remains scheduled for 2027, its chairman V Narayanan said.

Trump@6 Months: Resetting The Global Order

Trump@6 Months: Resetting The Global Order

Rediff.com30 Jul 2025

In the short run, the Trump presidency has already ensured one thing: The assumptions of the past can no longer guide the strategies of the future, points out Manish Dabhade.

'Trump Wants Big Pie Of India's Economy'

'Trump Wants Big Pie Of India's Economy'

Rediff.com4 Aug 2025

'India did not surrender. That was why he wanted to pressurise India by this 25% tariffs.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com9 Nov 2025

Inflation data, quarterly earnings and global trends will be the major driving factors for stock markets this week, analysts said. Moreover, the trading activity of foreign investors would also influence the equity market trends.

Up to 4 banks may have to tap buffers in adverse scenarios

Up to 4 banks may have to tap buffers in adverse scenarios

Rediff.com1 Jan 2026

The Reserve Bank of India (RBI), in its Financial Stability Report (FSR), cautioned that stress tests indicate two scheduled commercial banks (SCBs) may have to dip into their capital conservation buffers (CCBs), unless stakeholders infuse capital, under a scenario involving a gradual slowdown in domestic GDP growth and a moderate rise in inflation, with limited policy easing space available to the central bank.

Multiple crisis and what lies ahead for the global economy

Multiple crisis and what lies ahead for the global economy

Rediff.com30 Dec 2014

Global economy will have to grapple with few tough situations in 2015.

Karnataka Bets Big On Space

Karnataka Bets Big On Space

Rediff.com28 Nov 2025

'This policy is a vision to position Karnataka as the epicentre of India's space ambitions'

HD Hyundai plans shipyard in Thoothukudi for $2 billion

HD Hyundai plans shipyard in Thoothukudi for $2 billion

Rediff.com8 Dec 2025

South Korea's HD Hyundai, one of the world's largest ship manufacturers, is planning to build a shipyard in Thoothukudi. The project may see an investment of around $2 billion, said a government source.

Return of coal threatens India's emission commitments

Return of coal threatens India's emission commitments

Rediff.com29 Oct 2025

India's new climate pledge to the UN could be weakened by its growing use of coal, even as the country plans a 2035 roadmap to cut emissions and boost clean energy.

Can India Regain Foreign Tourists This Winter?

Can India Regain Foreign Tourists This Winter?

Rediff.com8 Dec 2025

'We expect inbound numbers in 2025 to come close to pre-pandemic levels -- if not fully match them -- by early 2026.'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

Rediff.com8 Jan 2026

'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'

Global economy to strengthen in 2014 but risk remains: IMF chief

Global economy to strengthen in 2014 but risk remains: IMF chief

Rediff.com16 Jan 2014

The global economy, which gathered momentum in 2013, would continue to strengthen in 2014, largely because of improvements in the advanced economies, the International Monetary Fund Chief Christine Lagarde has said even as she expressed concern over the rising risk of deflation.

'Problem Is Not Family-Owned Businesses'

'Problem Is Not Family-Owned Businesses'

Rediff.com17 Nov 2025

'Instead of one or two families controlling 10% to 15% of GDP, it has to be broad based. Then, the resilience of the economy also will be higher.' 'Then, if something happens to one business, it will not hurt the economy badly.'

Why US-China Face-Off Is Advantage India

Why US-China Face-Off Is Advantage India

Rediff.com29 Oct 2025

Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.

AI, a divine wish-fulfilling cow of our age: Mukesh Ambani

AI, a divine wish-fulfilling cow of our age: Mukesh Ambani

Rediff.com29 Aug 2025

Breakthroughs in Artificial Intelligence and allied deep technologies are boosting productivity, efficiency and human potential to unimaginable levels, Reliance Industries chairman Mukesh Ambani said on Friday describing the "miraculous power" of AI as new 'kamdhenu', the divine wish-fulfilling cow.

Sensex, Nifty end lower on global trade concerns

Sensex, Nifty end lower on global trade concerns

Rediff.com2 Jun 2025

From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.