News for 'Indian Economic Service'

'Pakistan Can't Afford To Annoy America'

'Pakistan Can't Afford To Annoy America'

Rediff.com11 Aug 2025

'America holds about 16% of IMF voting rights, giving it crucial influence over Pakistan's desperately needed bailout loans.'

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

Weaker Nations Get Used. Warning For India

Weaker Nations Get Used. Warning For India

Rediff.com17 Sep 2025

'Trump does have a master plan in mind to put pressure on India with the additional tariff of 25 per cent to get Modi to persuade Russian President Vladimir Putin to freeze the Ukraine war.' 'It has not worked so far. By end-September only we'll know for sure the future trajectory of India's oil purchases from Russia,' observes Ambassador M K Bhadrakumar.

Manufacturing sector pulls down GDP growth to 7.4% in Q4; FY25 growth to 6.5%

Manufacturing sector pulls down GDP growth to 7.4% in Q4; FY25 growth to 6.5%

Rediff.com30 May 2025

India's economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday. The growth in the January-March period was lower than the 8.4 per cent expansion in the year-ago quarter.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com15 Jun 2025

Stock investors will track the ongoing conflict between Iran and Israel, Brent crude oil prices, inflation data and the US Fed interest rate decision for further cues this week, analysts said. Tariff-related news would also dictate trends in the equity market, experts noted.

Roshni Nadar Malhotra, 3rd Richest Indian

Roshni Nadar Malhotra, 3rd Richest Indian

Rediff.com10 Mar 2025

Only Mukesh Ambani and Gautam Adani are ahead of her.

'Markets Remain Far From 2024 Euphoria'

'Markets Remain Far From 2024 Euphoria'

Rediff.com5 Sep 2025

'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'

India falls out of favour, optimism returns for China: BofA survey

India falls out of favour, optimism returns for China: BofA survey

Rediff.com15 Aug 2025

Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement.

Semiconductor chip to jet engines: Modi's mega announcements

Semiconductor chip to jet engines: Modi's mega announcements

Rediff.com15 Aug 2025

Addressing the nation on 79th Independence Day, Modi said the time has come to undertake reforms in GST as the indirect tax regime has completed 8 years.

India, UK drop key demands in FTA talks

India, UK drop key demands in FTA talks

Rediff.com7 May 2025

India and the UK have respected each other's political sensitivities during the negotiations for free trade agreement, with New Delhi agreeing to drop its demand on post-study work visas for students in exchange for Britain withdrawing its request to open up legal services here, an official said on Wednesday.

GST revenue hits record high of Rs 2.37 lakh cr in April

GST revenue hits record high of Rs 2.37 lakh cr in April

Rediff.com1 May 2025

Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, which the government said shows resilience of the Indian economy and the effectiveness of cooperative federalism. The gross GST mop-up was Rs 2.10 lakh crore in April 2024 -- the second highest collection ever since GST was rolled out on July 1, 2017. The net mop-up was Rs 1.92 lakh crore.

Sindoor: 'We Could Have Continued To Strike'

Sindoor: 'We Could Have Continued To Strike'

Rediff.com10 Sep 2025

'But that was not our aim. Our objective was already achieved.'

Why Gen Z Fears AI And Big Tech Jobs

Why Gen Z Fears AI And Big Tech Jobs

Rediff.com8 Aug 2025

Gen Z, driven by AI anxiety and economic pragmatism, have concerns about pursuing passions as careers as they fear it may not make them enough sufficient income.

Studying US tariff implications, hopeful of trade pact: Govt

Studying US tariff implications, hopeful of trade pact: Govt

Rediff.com31 Jul 2025

The Indian government is studying the implications of US President Trump's announcement to impose tariffs on Indian goods and remains hopeful of concluding a bilateral trade agreement.

Jaishankar recalls his UPSC interview on Emergency's last day

Jaishankar recalls his UPSC interview on Emergency's last day

Rediff.com20 Jul 2025

"My interview was on March 21, 1977. That was the day the Emergency was revoked. Revoked! So, I go in for an interview at Shahjahan Road... First person that morning," recalls Jaishankar, now 70.

Infy Defies Layoff Trend: 20K Jobs In '25

Infy Defies Layoff Trend: 20K Jobs In '25

Rediff.com30 Jul 2025

Infosys commits to hiring 20,000 graduates amid industry-wide layoffs and uncertainty.

Rare earth curbs to hit EV, RE, defence sectors

Rare earth curbs to hit EV, RE, defence sectors

Rediff.com28 Jun 2025

India's macroeconomic health is in a "relative goldilocks situation", and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is "too soon to sound the 'all clear' for the rest of the year", the Finance Ministry said on Friday.

Indulging in trade with Russia themselves: India counters US

Indulging in trade with Russia themselves: India counters US

Rediff.com5 Aug 2025

India has strongly criticized the US and EU for their 'unjustified and unreasonable' targeting of New Delhi for its procurement of Russian crude oil, pointing out their own continued trade relations with Russia.

Curbing air access is like shooting yourself in foot: Emirates president

Curbing air access is like shooting yourself in foot: Emirates president

Rediff.com9 Jun 2025

Restricting air access to foreign carriers by not granting them more bilateral rights is akin to shooting yourself in the foot, as air transport is a wealth multiplier for India's economy, Emirates President Tim Clark said during a press conference held on the sidelines of the annual general meeting of the International Air Transport Association.

Realty market saw land deals worth Rs 31,000 cr in H1 2025: Anarock

Realty market saw land deals worth Rs 31,000 cr in H1 2025: Anarock

Rediff.com16 Jul 2025

At least 2,900 acres of land deals, with a market value of Rs 31,000 crore, were transacted in the Indian realty market during the first six months of 2025 (H1 2025), according to a report by real estate analytics firm Anarock. These deals include both outright transactions as well as joint development agreements between realtors and landowners.

Nationwide strike over labour reforms, MSP may hit key sectors

Nationwide strike over labour reforms, MSP may hit key sectors

Rediff.com8 Jul 2025

Over 25 crore workers across India are set to strike against new labour codes and privatisation, potentially disrupting banking, postal, and other essential services.

Is AI Wiping Out Entry Level Jobs?

Is AI Wiping Out Entry Level Jobs?

Rediff.com14 Aug 2025

Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.

US firms can now hire Indian graduates from top universities

US firms can now hire Indian graduates from top universities

Rediff.com27 Feb 2025

US President Donald Trump has said that the newly proposed 'gold card' initiative will allow American companies to hire Indian graduates from top US universities like Harvard and Stanford. Trump on Wednesday unveiled the 'gold card' initiative for wealthy foreigners, giving them the right to live and work in the country and offering a path to citizenship in exchange for a $5 million fee.

What's Trump's Real Game Plan Against India?

What's Trump's Real Game Plan Against India?

Rediff.com1 Aug 2025

By threatening to punish India with high tariff, Trump is actually planting a tantalising thought in the Indian mind that the Modi government should suitably 'incentivise' him, explains Ambassador M K Bhadrakumar.

Digipin: Mapping Addresses Digitally

Digipin: Mapping Addresses Digitally

Rediff.com16 Jun 2025

Digipin promises to revolutionise location-based services in India with safeguards.

Shortcuts Won't Build Industrial Capability

Shortcuts Won't Build Industrial Capability

Rediff.com28 Jul 2025

Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.

Dubai offers India Inc a low-tariff launchpad into EMs

Dubai offers India Inc a low-tariff launchpad into EMs

Rediff.com17 Apr 2025

Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president and chief executive officer, Dubai Chambers, at the Dubai-India Business Forum in Mumbai.

Oppn candidate Reddy urges MPs to vote with conscience in VP polls

Oppn candidate Reddy urges MPs to vote with conscience in VP polls

Rediff.com7 Sep 2025

Opposition candidate B Sudershan Reddy appeals to MPs to vote with conscience in the upcoming vice presidential polls, urging them to prioritize the spirit of India and parliamentary traditions over party loyalty.

Modi likely to visit China, first since Galwan clash

Modi likely to visit China, first since Galwan clash

Rediff.com6 Aug 2025

Prime Minister Narendra Modi is expected to visit Japan and China starting around August 29. The visit to China would be his first after the Ladakh border standoff.

Third US aircraft with 112 Indian deportees lands at Amritsar

Third US aircraft with 112 Indian deportees lands at Amritsar

Rediff.com17 Feb 2025

A US military aircraft carrying 112 Indian deportees landed at the Amritsar airport late on Sunday night, marking the third such flight in recent weeks. The deportees, who hail from various states across India, will be allowed to return home after completing necessary immigration procedures. The deportations are part of a crackdown by the Donald Trump administration against illegal immigrants.

How the markets will fare this week

How the markets will fare this week

Rediff.com27 Jul 2025

Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips, the US Fed interest rate decision and foreign investors trading activity driving investors' sentiment, analysts said. Macroeconomic data announcements, monthly auto sales numbers and global market trends would also guide movement in the domestic equities, they said.

Public life likely to be hit as over 25 crore workers call 'Bharat Bandh' on Wednesday

Public life likely to be hit as over 25 crore workers call 'Bharat Bandh' on Wednesday

Rediff.com8 Jul 2025

More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. A forum of 10 central trade unions and their associates has called for a general strike or 'Bharat Bandh' to "oppose the anti-worker, anti-farmer and anti-national pro-corporate policies of the government".

IPOs That Burned Investor Wealth

IPOs That Burned Investor Wealth

Rediff.com2 Aug 2025

Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Rediff.com1 Jul 2025

Large tariffs by the United States administration and elevated geopolitical risk have increased near-term global financial stability risks, and along with weather events pose downside risks to domestic growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said in the foreword to the Financial Stability Report released on Monday.

'Marathis Are Anxious About Survival'

'Marathis Are Anxious About Survival'

Rediff.com21 Jul 2025

'Maharashtrians are facing a dual battle -- numerical battle with North Indians and financial battle with Gujaratis and Marwaris.' 'This has created anxiety about survival and ownership over Mumbai and Maharashtra.'

India stopped Op Sindoor on condition that...: Rajnath

India stopped Op Sindoor on condition that...: Rajnath

Rediff.com29 Jul 2025

Defence Minister Rajnath Singh stated India's readiness to assist Pakistan in combating terrorism if it cannot act on its own, highlighting Operation Sindoor as a demonstration of India's capabilities. He also criticized Pakistan's appointment to a UN counter-terrorism committee.

RMG Cos Stunned By Ban Bill

RMG Cos Stunned By Ban Bill

Rediff.com21 Aug 2025

What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.

Moody's says Indian economy likely to grow 7.2% in 2024

Moody's says Indian economy likely to grow 7.2% in 2024

Rediff.com15 Nov 2024

Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next. In its Global Macro Outlook 2025-26, the rating agency said the global economy has shown remarkable resilience in bouncing back from supply chain disruptions during the pandemic, an energy and food crisis after the Russia-Ukraine war began, high inflation and consequent monetary policy tightening.

'Kashmir to Kanyakumari' no longer a slogan but reality: J-K LG

'Kashmir to Kanyakumari' no longer a slogan but reality: J-K LG

Rediff.com6 Jun 2025

Sinha said the inauguration of the Kashmir rail service has connected the hearts of the people of Jammu and Kashmir with the rest of the country and will pave the way for the economic prosperity of the region.

FPI inflows into Indian equities drop sharply in 2024; rebound anticipated in 2025

FPI inflows into Indian equities drop sharply in 2024; rebound anticipated in 2025

Rediff.com25 Dec 2024

After a robust 2023, foreign investors significantly scaled back their investments in Indian equities in 2024, with net inflows amounting to over Rs 5,000 crore, as elevated domestic valuations, coupled with geopolitical uncertainties prompted investors to adopt a more cautious stance. Looking ahead to 2025, FPI flows into Indian equities could see a recovery, supported by a cyclical upswing in corporate earnings, particularly in domestic-oriented sectors like capital goods, manufacturing, and infrastructure, Vinit Bolinjkar, head of research, Ventura Securities, said.