Dr Rakesh Mohan, former RBI deputy governor, and Dr Pronab Sen, former chairman of the Indian Statistical Commission discuss the issues facing the Indian rural and manufacturing sectors and what the government must possibly do to improve demand and perk up the Indian economy
Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.
Avesh Khan remains determined for a India comeback, hoping to catch the selectors' attention with strong Ranji Trophy performances this season.
Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.
After a disappointing IPL 2026 season, Mumbai Indians face critical decisions to rebuild their team and restore their legacy. From captaincy changes to squad adjustments, here are the key steps they must take to revive their fortunes.
The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?
Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.
'The flip side of this is that he won't hesitate to call out India if he thinks its policies are hurting US economic interests or border US foreign policy goals.'
Acharya emphasised that the time is "really ripe" for land, labour and agricultural reforms in India.
Upbeat high-frequency indicators and consumer confidence show that Indian economy continues to forge ahead, emerging out of shackles of pandemic, said an article on the state of economy published in RBI Bulletin on Wednesday. The recovery is spearheaded by an uptick in private investment through November-December alongside a turnaround in bank credit offtake and high capex from the government sector (Centre and states). In conjunction, the employment situation has brightened, said the article written by RBI officials.
Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.
India's remittance inflows have remained robust despite the West Asia conflict, driven by precautionary transfers and diversification of remittance sources, with bankers expecting continued stability for the year.
'The real risk is not that AI will fail to transform India's economy.'
'The risk is that it already is -- while our measurement systems continue to look the other way,' observes Nishant Sahdev, a theoretical physicist at the University of North Carolina.
The Indian economy is growing at a robust pace, driven by strong domestic demand, low inflation, and the healthy balance sheets of banks, said a Reserve Bank report released on Wednesday.
One Indian oil tanker successfully crossed the Strait of Hormuz, while others turned back after Iran signalled the waterway's closure, amidst rising tensions and disruptions to global energy flows.
Indian stock markets extended their gains for a second consecutive session, with the Sensex closing 736 points higher, driven by a global equity rally and a significant drop in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
Despite backing from the team management, Washington Sundar's inconsistent usage with both bat and ball has raised questions over his undefined role, with Ravichandran Ashwin urging India to utilise him more clearly as a genuine all-rounder.
'Unfortunately, today most ministers are busy with either election duty or praising duty. They are not interested in serving duty.' 'Ministers have become relaxed like retired people still holding onto jobs.' 'Look at how the NEET paper leaked. But there is no accountability.' 'After 12 years, they have become saturated. They are short of ideas.'
The US and India are collaborating to de-risk global supply chains for artificial intelligence technologies, particularly in semiconductor manufacturing and critical minerals processing. This partnership is facilitated through the US-led Pax Silica initiative, which aims to address over-concentration issues and single points of failure in supply chains, fostering a resilient global economy.
CAT and MBA expert and rediffGURU Patrick D'Souza explains how a simple daily reading habit can help aspirants clinch 99 percentile in the Common Admission Test this year.
India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.
'You have seen the retrenchments by big corporates in the IT industry because they are not getting enough offers.' 'MSMEs in the manufacturing sector are really struggling. They do not know what to do. They are not able to predict what will happen tomorrow.'
IIT Madras researchers have developed an indigenous pilot plant in Tiruchirappalli capable of processing 100 tonnes of electronic waste annually. This zero-discharge, single-acid process recovers valuable metals like copper, lead, and tin from PCBs, addressing India's growing e-waste challenge and supporting circular economy initiatives.
IIT Madras researchers have developed an indigenous pilot plant in Tiruchirappalli capable of processing 100 tonnes of electronic waste annually. This zero-discharge, single-acid process recovers valuable metals like copper, lead, and tin from PCBs, addressing India's growing e-waste challenge and supporting circular economy initiatives.
India's dual pursuit of a robust strategic partnership with Washington and a pragmatic, tension-management policy with Beijing represents the essence of modern multi-alignment. By embracing economic pragmatism, learning to compartmentalize political differences, and engaging in continuous dialogue, India can secure its borders, grow its economy, and contribute to a stable, multipolar Asian century, points out Ambassador Rajasekhar.
If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
We who were dreaming of being the third largest economy in dollar terms, have slid back to sixth, thanks to the falling rupee. We are moving about with begging bowls for investments and trade opportunities, which will be a while in materialising, if ever, notes Shreekant Sambrani.
'Limited spillovers' to Asia's third-largest economy, even as world 'perilously close' to recession.
Efforts should be made to nurture the talent and make sure that the skill development programme matches the growth requirement of the industry, the former Finance Minister said.
IT stocks had their worst first half fall in decades, with the Nifty IT index declining 31% in the January-June 2026 period, its biggest decline in the first six months of a calendar year since 2003.
'We are primarily a domestic consumption story. We are less exposed to global forces.'
Amidst escalating tensions in West Asia, India voices strong concerns over the safety of its nationals and the potential disruption to energy supplies, urging dialogue and diplomacy for a swift resolution.
Struggling former champions Mumbai Indians and Chennai Super Kings will be eyeing consistency as they await the return of their former captains Rohit Sharma and Mahendra Singh Dhoni.
The BJP flayed Gandhi for "echoing" Trump's "dead economy" jibe at India, calling it a "shameful" insult to the aspirations, achievements, and well-being of the people of the country.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'
'Why not aspire for 8 or 9 or even 10 per cent?'
