News for 'Indian Economic Services'

'Impact of the spike in energy prices will be transient'

'Impact of the spike in energy prices will be transient'

Rediff.com29 Apr 2026

'As re-industrialisation gathers pace across regions like Asia, Europe and the US, a wide range of products and inputs will see demand.'

GST Fraud: Mastermind Arrested In Rs 410 Crore ITC Scam

GST Fraud: Mastermind Arrested In Rs 410 Crore ITC Scam

Rediff.com22 Apr 2026

The Commercial Taxes Department has arrested Mohammed Tauqeer for his involvement in generating and routing fraudulent ITC across multiple states, unearthing a GST fraud worth Rs 410 crore.

London Court Upholds Nirav Modi Extradition Based on Indian Government Assurances

London Court Upholds Nirav Modi Extradition Based on Indian Government Assurances

Rediff.com26 Mar 2026

The London High Court has rejected Nirav Modi's petition to reopen his extradition case, citing the Indian government's assurances regarding his treatment in India as a key factor in their decision.

Indian Exports See Marginal Decline in February Amid Geopolitical Tensions

Indian Exports See Marginal Decline in February Amid Geopolitical Tensions

Rediff.com16 Mar 2026

India's merchandise exports experienced a slight decrease in February, while imports surged due to increased gold and silver purchases, leading to a widened trade deficit. The West Asia crisis is expected to further impact trade in the coming months.

Nasscom To Focus On AI Integration And Revenue Growth

Nasscom To Focus On AI Integration And Revenue Growth

Rediff.com23 Apr 2026

Nasscom's newly appointed Chairman, Srikanth Velamakanni, outlines key priorities including restoring revenue growth in IT firms and promoting the role of artificial intelligence and other technologies in companies.

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

Rediff.com14 Apr 2026

Indian insurance companies are bracing for reduced profitability in Q4FY26, primarily due to the rationalisation of GST on retail life and health policies, leading to a loss of input tax credit, coupled with volatility in equity markets impacting investment income.

No cash, crypto payments to Iran for Hormuz passage: India

No cash, crypto payments to Iran for Hormuz passage: India

Rediff.com22 Apr 2026

India has denied making any payments to Iran to secure safe passage for its vessels through the Strait of Hormuz, following reports that Indian vessels were fired upon in the region.

Kerala Offers Congress Golden Chance; Will It Deliver?

Kerala Offers Congress Golden Chance; Will It Deliver?

Rediff.com8 May 2026

Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.

Banerjee Accuses BJP of Inciting Societal Discord for Political Gain

Banerjee Accuses BJP of Inciting Societal Discord for Political Gain

Rediff.com30 Mar 2026

West Bengal Chief Minister Mamata Banerjee has accused the BJP of inciting conflict within Indian society and exploiting the resulting instability for financial gain. She also criticised Amit Shah and the BJP's governance.

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Rediff.com19 Apr 2026

The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com23 Apr 2026

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

'Pakistan Has Been Betraying Everyone'

'Pakistan Has Been Betraying Everyone'

Rediff.com24 Apr 2026

If Trump wants peace with Iran, Pakistan will offer to help. If Trump seeks Pakistan's aid to spy on Iran, then too Munir will not hesitate to chip in. At the same time, the ISI will not hesitate to tip off Iran now and then, points out M R Narayan Swamy.

Economic activity remained upbeat in Nov

Economic activity remained upbeat in Nov

Rediff.com23 Dec 2025

Overall economic activity continued to hold up in November with demand conditions remaining robust, thanks to strengthening urban demand, but manufacturing and rural demand showed some signs of deceleration even as services remained strong, according to an article on the State of the Economy written by Reserve Bank of India (RBI) officials in the central bank's December bulletin.

India's services sector activity eases in Dec

India's services sector activity eases in Dec

Rediff.com6 Jan 2026

India's services sector growth moderated in December, as the rates of expansion in incoming new work and output eased to the slowest in 11 months, and companies refrained from recruiting additional staff, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.8 in November to 58.0 in December, indicating the slowest rate of expansion since January.

Iran: Why Trump Must Take A Leap Of Faith

Iran: Why Trump Must Take A Leap Of Faith

Rediff.com23 Apr 2026

There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.

Indian-American student among 4 killed in US shooting

Indian-American student among 4 killed in US shooting

Rediff.com3 Mar 2026

A 21-year-old Indian-American student, Savitha Shan, was among four people killed in a shooting in Austin, Texas. The incident is being investigated as a possible act of terrorism due to evidence found at the scene and the suspect's residence.

CCS assesses West Asia crisis, orders steps to help stranded Indians

CCS assesses West Asia crisis, orders steps to help stranded Indians

Rediff.com2 Mar 2026

The Cabinet Committee on Security (CCS) has reviewed the evolving situation in West Asia, directing departments to assist Indian nationals affected by recent developments and emphasizing the need for dialogue and diplomacy.

Adani Group adopts 3-layer structure to empower frontline,flatten hierarchy

Adani Group adopts 3-layer structure to empower frontline,flatten hierarchy

Rediff.com4 Apr 2026

Billionaire Gautam Adani announced the Adani Group is transitioning to a three-layer organisational structure to flatten hierarchy and empower its frontline operations, aiming for faster decision-making and increased accountability.

Argentina Steps Up LPG Supply To India

Argentina Steps Up LPG Supply To India

Rediff.com23 Mar 2026

Argentina has significantly increased its LPG exports to India to help mitigate shortages caused by the ongoing conflict in West Asia. This partnership is becoming increasingly important for India's energy security.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

Rediff.com10 Apr 2026

Tata Consultancy Services (TCS) announced a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, alongside a 9.64 per cent rise in revenue from operations.

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Rediff.com22 Mar 2026

Foreign investors have withdrawn over Rs 88,000 crore from Indian equities this month, driven by geopolitical tensions, a weak rupee, and concerns about rising crude oil prices.

Gulf War: Stocks That Could Buck The Trend And Shine

Gulf War: Stocks That Could Buck The Trend And Shine

Rediff.com14 Apr 2026

10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.

Silver lining to India's ageing truck fleet

Silver lining to India's ageing truck fleet

Rediff.com14 Apr 2026

India's rapidly ageing truck fleet, with 42% of vehicles over 12 years old, is set to trigger a replacement-driven growth of 3-5% annually over the next five years.

Even If US, Iran Signed Deal Today, Hormuz Strait Won't...

Even If US, Iran Signed Deal Today, Hormuz Strait Won't...

Rediff.com23 Apr 2026

...reopen for up to six months. Until then, the Strait stays nearly closed. The world pays. And no one, including the man who started this, can say when it ends, notes Prem Panicker in his must read blog on the Iran War.

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Rediff.com11 Apr 2026

Trump seems to have estimated that Ghalibaf is a pragmatic politician who is receptive to close relations with the US and is enthusiastic about fostering business and economic ties in particular, points out Ambassador M K Bhadrakumar.

Indian exports to attract 10% tariff in US for 150 days from Feb 24

Indian exports to attract 10% tariff in US for 150 days from Feb 24

Rediff.com23 Feb 2026

Indian exports to the US will face a 10% tariff, down from 25%, for 150 days following a US Supreme Court ruling. However, uncertainty persists due to potential further tariff hikes and long-term implications.

India's Reliance On Strait Of Hormuz Exceeds Global Average

India's Reliance On Strait Of Hormuz Exceeds Global Average

Rediff.com10 Apr 2026

'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

Rediff.com15 Mar 2026

Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.

Cong, allies committed 'sin of foeticide': Modi on women's bill

Cong, allies committed 'sin of foeticide': Modi on women's bill

Rediff.com18 Apr 2026

Prime Minister Narendra Modi has accused opposition parties of obstructing the passage of the women's reservation bill in Parliament, alleging they have crushed the dreams of women and prioritised selfish politics over national progress.

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Rediff.com26 Mar 2026

We cannot simply have a 60-65 per cent import dependency in LPG, the bulk of which comes from just one volatile region -- West Asia, points out R Jagannathan.

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rediff.com6 Apr 2026

Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

Rediff.com18 Apr 2026

This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.

PM Modi to Launch Semiconductor Plant, Development Projects in Gujarat

PM Modi to Launch Semiconductor Plant, Development Projects in Gujarat

Rediff.com30 Mar 2026

Prime Minister Narendra Modi is set to inaugurate a semiconductor plant in Sanand, Gujarat, and launch multiple development projects worth over Rs 20,000 crore, marking a significant boost to India's semiconductor industry and infrastructure.

Women excelling in various fields, but...: President Murmu

Women excelling in various fields, but...: President Murmu

Rediff.com9 Mar 2026

President Droupadi Murmu addressed a national convention, acknowledging the progress of women in various fields while highlighting the persistent social stereotypes, economic inequalities, and psychological barriers they face. She called for collective efforts to address these issues and emphasised the importance of promoting Indian languages and traditional knowledge systems.

India's employment outlook hits record high for Apr-Jun quarter: Report

India's employment outlook hits record high for Apr-Jun quarter: Report

Rediff.com10 Mar 2026

A new survey indicates that Indian employers are planning to increase hiring in the April-June quarter, driven by strong business confidence and domestic demand. The survey also highlights the impact of AI adoption on workforce strategy and the challenges of talent scarcity.

Swadeshi Jagran Manch Urges End to Moratorium on Digital Product Tariffs

Swadeshi Jagran Manch Urges End to Moratorium on Digital Product Tariffs

Rediff.com20 Mar 2026

The Swadeshi Jagran Manch (SJM) is advocating for the termination of the moratorium on customs duties for electronically transmitted digital products, arguing that it hinders self-reliance, causes revenue losses, and restricts India's ability to tax emerging technologies like AI.

Gulf War: Will Trump Strike A Deal With Iran?

Gulf War: Will Trump Strike A Deal With Iran?

Rediff.com28 Mar 2026

Saudi Arabia and the UAE are actively pushing Trump to take the war to its bitter finish and 'erase' Iran's presence in the geopolitics of the region. Simply put, the two most powerful Sunni Arab oligarchies are on the same page as Israel. Such interference increases the risk of a breakdown in dialogue between the US and Iran, points out Ambassador M K Bhadrakumar.

Gulf region braces for low-key Eid amid conflict, security concerns

Gulf region braces for low-key Eid amid conflict, security concerns

Rediff.com19 Mar 2026

Citizens and residents across the Gulf region are preparing for Eid amidst regional conflict, impacting festivities and daily life.

Pentagon Purge Rocks Iran War

Pentagon Purge Rocks Iran War

Rediff.com3 Apr 2026

The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.