News for 'Indian Economic Service'

Bengaluru Faces Urban Breakdown

Bengaluru Faces Urban Breakdown

Rediff.com22 Oct 2025

Bengaluru is at a critical juncture, where its economic model, reliant on attracting and retaining skilled professionals, is directly threatened by a measurable decline in urban quality of life, point out Shishir Gupta and Rishita Sachdeva.

It Is Hard To Know How The Economy Is Truly Performing

It Is Hard To Know How The Economy Is Truly Performing

Rediff.com23 Dec 2025

The core dilemma remains: Why provide further stimulus to an economy that is already booming at an 8 per cent growth rate? asks Rajeswari Sengupta.

'Pak's arms shopping spree post Op Sindoor concerning'

'Pak's arms shopping spree post Op Sindoor concerning'

Rediff.com27 Nov 2025

Vice Admiral K Swaminathan highlights concerns over Pakistan's arms procurement and China's growing assertiveness in the Indian Ocean Region.

India, Russia Explore Duty Cuts to Rebalance Trade

India, Russia Explore Duty Cuts to Rebalance Trade

Rediff.com3 Dec 2025

Putin's State visit will centre on fixing the huge India-Russia trade imbalance, with both sides pushing to lower duties, ease non-tariff barriers, and seal a landmark mobility pact to send more Indian workers to Russia.

Reliance on MNCs for strategic audits and consulting must be reduced: MCA

Reliance on MNCs for strategic audits and consulting must be reduced: MCA

Rediff.com25 Sep 2025

India needs to limit its reliance on multinational corporations (MNCs) for strategic audits and consulting in order to strengthen its economic sovereignty and achieve the goal of Atmanirbhar Bharat, the Ministry of Corporate Affairs (MCA) said in an office memorandum released on Wednesday.

Make demergers tax-neutral, biz houses nudge govt

Make demergers tax-neutral, biz houses nudge govt

Rediff.com26 Nov 2025

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.

Modi and Putin: Hug in airport, ride in car, dinner at 7, LKM

Modi and Putin: Hug in airport, ride in car, dinner at 7, LKM

Rediff.com5 Dec 2025

Russian President Vladimir Putin arrived in New Delhi for a two-day visit focused on strengthening ties with India, including defense cooperation and trade, amidst a changing geopolitical landscape.

Highlights of the Economic Survey 2024-25

Highlights of the Economic Survey 2024-25

Rediff.com31 Jan 2025

Indian economy to grow at 6.3-6.8 pc in FY26, against 6.4 pc in FY25

Seniors to Drive 25% of India's Pharma

Seniors to Drive 25% of India's Pharma

Rediff.com21 Nov 2025

'Once the 60-plus population hits 20 to 30 per cent of the country, the demand for elderly-care treatments will surge -- cardiac, metabolic, neurological, and musculoskeletal medicines are going to dominate the market for the next several decades.'

Historic first: Indian NGO 'Educate Girls' wins Magsaysay award

Historic first: Indian NGO 'Educate Girls' wins Magsaysay award

Rediff.com31 Aug 2025

Indian non-profit 'Educate Girls' wins the Ramon Magsaysay Award for its work in educating out-of-school girls in remote villages. The award recognizes selfless service to the peoples of Asia.

Putin to land in Delhi soon, Modi to host private dinner

Putin to land in Delhi soon, Modi to host private dinner

Rediff.com4 Dec 2025

Prime Minister Narendra Modi will host Russian President Vladimir Putin for a private dinner and summit, focusing on defence, trade, and geopolitical issues, including the Ukraine conflict and the impact of US sanctions.

India's exports drop 11.8%; trade deficit widens to $41.8 bn

India's exports drop 11.8%; trade deficit widens to $41.8 bn

Rediff.com17 Nov 2025

India's exports contracted 11.8 per cent to $34.38 billion in October, showed government data released on Monday. Imports jumped 16.63 per cent to $76.06 billion.

Shakti Dubey tops 2024 civil services exam; women dominate top 5

Shakti Dubey tops 2024 civil services exam; women dominate top 5

Rediff.com22 Apr 2025

Shakti Dubey has topped the civil services examination 2024, with Harshita Goyal and Dongre Archit Parag getting the second and third ranks, the Union Public Service Commission (UPSC) announced on Tuesday. The top five successful candidates comprise three women and two men. The civil services examination is conducted annually in three stages -- preliminary, main and interview -- by the UPSC to select officers of the Indian Administrative Service (IAS), Indian Foreign Service (IFS) and Indian Police Service (IPS) among others. A total of 1,009 candidates -- 725 men and 284 women -- have been recommended by the UPSC for appointment to various services.

The Secret US Hand In 1962 War

The Secret US Hand In 1962 War

Rediff.com21 Nov 2025

India emerged from the war militarily bruised and strategically altered. The United States, under the guise of friendship, had succeeded in achieving what open alignment never could: The psychological and political repositioning of India within the Cold War order, points out Dr Kumar.

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

Rediff.com17 Nov 2025

India's leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial derivatives exchange being set up in Sri Lanka, subject to regulatory and governmental approvals. The move aims to deepen NCDEX's footprint in the financial ecosystem of its neighbouring country.

GST reforms expected to ignite animal spirits in financial sector: DEA secy

GST reforms expected to ignite animal spirits in financial sector: DEA secy

Rediff.com18 Nov 2025

Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is hopeful that the recent goods and services tax (GST) rationalisation will ignite the much needed animal spirits in the financial sector.

Indians can now get UAE's Golden Visa at Rs 23 lakh

Indians can now get UAE's Golden Visa at Rs 23 lakh

Rediff.com7 Jul 2025

Until now, one of the ways to get Dubai's Golden Visa from India was to invest in property whose value should be at least AED Two Million (Rs 4.66 crore), or invest a large amount in business in the country.

Govt moots power sector reforms to address discom losses

Govt moots power sector reforms to address discom losses

Rediff.com15 Oct 2025

The idea is to establish a robust and forward-looking legal framework that addresses the financial stress of power distribution companies, which are facing losses of over 6.9 trillion, while curbing high industrial tariffs that, according to the government, have affected competitiveness, constrained economic growth, and slowed the transition to clean energy.

'Compact SUVs to see fastest growth after GST rate cut'

'Compact SUVs to see fastest growth after GST rate cut'

Rediff.com17 Nov 2025

'Growth will definitely continue to come most from the sub-four-metre SUV segment, primarily because that is where the heart of economy and affordability is. Naturally, that will keep pushing the share of that segment (in overall PV sales) higher.'

India's exports rise 6.74% in Sep; trade deficit widens

India's exports rise 6.74% in Sep; trade deficit widens

Rediff.com15 Oct 2025

India's exports grew 6.74 per cent to $36.38 billion in September, while imports jumped 16.6 per cent, widening the trade deficit to $31.15 billion, the highest in over a year. The increase in inbound shipments of gold, fertiliser and silver has pushed the country's imports in September to $68.53 billion against $58.74 billion in the same month last year, official data released on Wednesday showed.

With firefighting behind them, insurers can now shift gears and focus on growth

With firefighting behind them, insurers can now shift gears and focus on growth

Rediff.com3 Dec 2025

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.

'India Reasserting Control Over Digital Economy'

'India Reasserting Control Over Digital Economy'

Rediff.com13 Nov 2025

'What we are seeing today is India stepping into its digital confidence, not as a follower but a leader.'

India logs 6-quarter high GDP growth of 8.2% in Q2

India logs 6-quarter high GDP growth of 8.2% in Q2

Rediff.com28 Nov 2025

The Indian economy recorded a six-quarter high growth of 8.2 per cent in July-September, as factories churned out more products in anticipation of a consumption boost from the GST rate cut, according to government data.

Zohran Mamdani scripts history, becomes NYC's 1st Muslim mayor

Zohran Mamdani scripts history, becomes NYC's 1st Muslim mayor

Rediff.com6 Nov 2025

Zohran Mamdani has been elected as the Mayor of New York City, becoming the first South Asian and Muslim to hold the position. He defeated Republican nominee Curtis Sliwa and former New York State Governor Andrew Cuomo.

2 Indians killed, one abducted in terror attack in Niger

2 Indians killed, one abducted in terror attack in Niger

Rediff.com20 Jul 2025

In a heinous terror attack, two Indians were killed while one was abducted in the Dosso region of Niger, as noted by the Indian Embassy in Niger.

GST Made Easy From Nov 1

GST Made Easy From Nov 1

Rediff.com25 Oct 2025

Nearly 96 per cent of new applicants will benefit from this simplified approval route.

GST collections indicate economic revival, say experts

GST collections indicate economic revival, say experts

Rediff.com1 Mar 2025

Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival. As per the official data released on Saturday, on a gross basis, mop up from Central GST stood at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore and compensation cess of Rs 13,868 crore.

'Terrorism Is A Cat And Mouse Game'

'Terrorism Is A Cat And Mouse Game'

Rediff.com17 Nov 2025

'There are active terror modules across the country who will find new ways and new targets. From intelligence agencies to an alert citizenry, we all have to play our part.'

Explained: Trump's H1 Order Decoded

Explained: Trump's H1 Order Decoded

Rediff.com14 Oct 2025

A deep dive into Trump's new policy and what it means for Indian professionals and companies.

Indian Youth Spend More Time on Work

Indian Youth Spend More Time on Work

Rediff.com7 Jun 2025

In 2019, out of the 1,440 minutes in a day, Indian youth spent 148 minutes on employment-related activities, which increased to 158 minutes in 2024.

Budget 2026: Nirmalaji's Challenges, Opportunities

Budget 2026: Nirmalaji's Challenges, Opportunities

Rediff.com21 Nov 2025

The best course for the government at this time would be to tighten the seat belt a little more, without compromising on its investments in creating better infrastructure and giving a push to privatisation, points out A K Bhattacharya.

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Rediff.com8 Oct 2025

Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.

Impact of 50% US tariff would be concentrated in Q2: CEA Nageswaran

Impact of 50% US tariff would be concentrated in Q2: CEA Nageswaran

Rediff.com30 Aug 2025

The 50 per cent US tariff on Indian goods pose a downside risk to growth but the impact is expected to be short-lived for the economy, and consumption demand could see an uptick after the new goods and service tax (GST) rates are implemented which could even offset the external uncertainty, Chief Economic Advisor (CEA) V Anantha Nageswaran reckoned on Friday.

Why Modi Needs Mission-Mode Bureaucrats

Why Modi Needs Mission-Mode Bureaucrats

Rediff.com15 Oct 2025

Learning from East Asia, India must reform its district administration with performance, accountability, and vision to achieve the goal of Viksit Bharat, points out Deepak Mishra.

FinMin: 'Setbacks Make Us Stronger'

FinMin: 'Setbacks Make Us Stronger'

Rediff.com28 Aug 2025

'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com5 Oct 2025

Trading sentiment in the equity market will be guided by macroeconomic data announcements, global trends and quarterly earnings from IT major TCS this week, analysts said. Stock markets would also be tracking trading activity of foreign investors who remained net sellers of Indian equities in September.

Sergio Gor, Agrawal Talk Trade Deal

Sergio Gor, Agrawal Talk Trade Deal

Rediff.com13 Oct 2025

While both sides have announced the decision to restart talks for a trade deal, government officials said discussions are continuing virtually.

Trump admin faces lawsuit over H-1B visa fee hike

Trump admin faces lawsuit over H-1B visa fee hike

Rediff.com17 Oct 2025

The US Chamber of Commerce has filed a lawsuit against the Trump administration's decision to impose a USD 100,000 fee on new H-1B visa petitions, arguing it harms American innovation and competitiveness.

Carmakers post record sales in Oct driven by GST rate cut

Carmakers post record sales in Oct driven by GST rate cut

Rediff.com1 Nov 2025

Top carmakers led by Maruti Suzuki, Mahindra & Mahindra, Tata Motors Passenger Vehicles and Kia India on Saturday reported record sales in the domestic market riding on festive demand boosted by GST rate cut. Other manufacturers such as Skoda Auto India and Toyota Kirloskar Motor also posted impressive growth in sales in October.

10 Indian Startups in WEF Top 100

10 Indian Startups in WEF Top 100

Rediff.com27 Jun 2025

Notably, four portfolio companies-- Agnikul, ePlane, CynLr, and GalaxEye -- of deep-tech investor Speciale Invest made it to the list.