News for 'Indian economy'

Someone Else Owns India's Off Switch

Someone Else Owns India's Off Switch

Rediff.com17 Jun 2026

A sovereign cloud, our own DNS root and Root CA, a defence-led research base that builds for keeps, and a real national cybersecurity strategy that outlives electoral cycles are not vanity projects. They are the difference between a nation that can be switched off and one that cannot, points out Venkata Satish Guttula.

Rupee Fall Exposes India's Economic Weakness

Rupee Fall Exposes India's Economic Weakness

Rediff.com27 May 2026

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.

Modi, Trump share warm meeting at G7 amid strained ties

Modi, Trump share warm meeting at G7 amid strained ties

Rediff.com16 Jun 2026

Prime Minister Narendra Modi and US President Donald Trump exchanged pleasantries and held a brief conversation at the G7 summit, their first in-person encounter in 16 months, setting the stage for high-stakes bilateral talks amidst continuing strain in India-US relations.

Modi-Trump G7 meeting to focus on trade deal, strategic ties

Modi-Trump G7 meeting to focus on trade deal, strategic ties

Rediff.com17 Jun 2026

Prime Minister Narendra Modi and US President Donald Trump are set to hold comprehensive talks focusing on a bilateral trade deal, defence cooperation, and energy and critical minerals sectors during the G7 summit in Evian-les-Bains, France.

ODI series: MI's Ghazanfar eager to test his skills against India's star batters

ODI series: MI's Ghazanfar eager to test his skills against India's star batters

Rediff.com9 Jun 2026

Having observed Rohit Sharma up close during his stint with Mumbai Indians, Afghanistan's rising spin star AM Ghazanfar is eager to put those learnings to the test when he takes on the Indian batting great in the upcoming ODI series.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

India's Grand Plan To Bring Formula One Back

India's Grand Plan To Bring Formula One Back

Rediff.com20 Jun 2026

The Indian Sports Ministry, led by Minister Manuskh Mandaviya, is establishing a dedicated Task Force to explore the revival of Formula One racing in India. This initiative follows a meeting with key stakeholders, aiming to assess the challenges and benefits of hosting major motorsport events, with a target of bringing F1 back by 2028. The Task Force will recommend a comprehensive policy framework to support motorsports growth, leveraging India's significant F1 fanbase.

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

Rediff.com8 Jun 2026

State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.

Sack Hardik, Mahela! What Mumbai Indians MUST FIX URGENTLY

Sack Hardik, Mahela! What Mumbai Indians MUST FIX URGENTLY

Rediff.com5 May 2026

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.

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.

'Europe sells weapons, which are used to attack India': Jaishankar slams Western 'hypocrisy'

'Europe sells weapons, which are used to attack India': Jaishankar slams Western 'hypocrisy'

Rediff.com12 Jun 2026

External Affairs Minister S Jaishankar has strongly defended India's decision to purchase Russian crude oil, stating that the country's energy choices are based on cost and availability, and highlighting the West's 'hypocrisy' in criticising India while historically supplying weapons used against it.

Why Rupee's Pain Is Self-Inflicted

Why Rupee's Pain Is Self-Inflicted

Rediff.com9 Jun 2026

Why would a country that requires close to $90 billion in net foreign capital annually to create jobs, build productive capacity, and sustain rapid growth permit $30 billion of capital to flow abroad, thereby contributing to pressure on the rupee? asks Debashis Basu.

India-UK trade pact: 85% of India's exports out of British steel measures

India-UK trade pact: 85% of India's exports out of British steel measures

Rediff.com17 Jun 2026

India has successfully negotiated the protection of its steel export interests under the free trade agreement with the UK, ensuring 85 per cent of its outbound shipments remain outside Britain's steel safeguard measures. This consensus addresses a key sticking point ahead of the comprehensive economic and trade agreement (CETA) coming into force on July 15.

World Bank ups India's FY27 growth to 6.6% amid global slowdown

World Bank ups India's FY27 growth to 6.6% amid global slowdown

Rediff.com12 Jun 2026

The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.

Pakistan Rejects India's PoK Allegations, Issues Water Warning

Pakistan Rejects India's PoK Allegations, Issues Water Warning

Rediff.com11 Jun 2026

Pakistan has criticised India's recent remarks on Pakistan-occupied Kashmir (PoK) protests, asserting it is addressing issues democratically. Pakistan also warned India against blocking water, calling it an "act of war," and commented on India's nuclear capabilities and its own military strikes in Afghanistan.

What's Delcy Rodriguez Doing In Delhi?

What's Delcy Rodriguez Doing In Delhi?

Rediff.com4 Jun 2026

Venezuela's Interim President Delcy Rodriguez is in New Delhi on her sixth visit to India.

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'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.'

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

Rediff.com9 Jun 2026

A US federal judge has ruled that the USD 100,000 fee imposed by former President Donald Trump for H-1B visa applications was unlawful, as it lacked congressional approval. The ruling states the fee was a tax, exceeding the administration's authority and impacting skilled global talent.

AI Learning Breaks Engineering Barriers

AI Learning Breaks Engineering Barriers

Rediff.com19 Jun 2026

AI is no longer a tool only for software engineers and technology teams.

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Rediff.com23 Apr 2026

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.

Want To Make India's Heaviest Rocket, LVM3?

Want To Make India's Heaviest Rocket, LVM3?

Rediff.com12 Jun 2026

The EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.

IIT Bombay Inks Deal To Boost Battery Recycling

IIT Bombay Inks Deal To Boost Battery Recycling

Rediff.com20 May 2026

Indian Institute of Technology Bombay has signed a technology licensing agreement with Evergreen Lithium Recycling to improve the extraction of critical minerals from battery reprocessing, aiming to enhance efficiency and reduce costs in battery recycling operations.

Kashmir airport to shut for runway repairs, tourism sector fears hit

Kashmir airport to shut for runway repairs, tourism sector fears hit

Rediff.com2 Jun 2026

Srinagar International Airport will suspend all flight operations for 15 days from October 1 for crucial runway maintenance, raising alarm bells within the tourism industry that fears the shutdown will deal a massive blow to the sector as it directly clashes with the peak Durga Puja holiday season.

Ravi Bishnoi Determined to End Stop-Start India Career, Targets 2028 T20 World Cup Spot

Ravi Bishnoi Determined to End Stop-Start India Career, Targets 2028 T20 World Cup Spot

Rediff.com20 Jun 2026

Ravi Bishnoi opens up on missing three T20 World Cups, his desire to become a permanent fixture in India's T20 side, and his goal of securing a place in the 2028 World Cup squad.

Too early to comment on US tariff changes: Sitharaman

Too early to comment on US tariff changes: Sitharaman

Rediff.com23 Feb 2026

Finance Minister Nirmala Sitharaman stated that it is premature to comment on the tariff changes announced by the United States, adding that the commerce ministry is currently reviewing the situation.

Rasikh Salam Dar: IPL 2026's Most Under-Rated Hero

Rasikh Salam Dar: IPL 2026's Most Under-Rated Hero

Rediff.com1 Jun 2026

How Rasikh Salam Dar, the unsung hero from Kashmir, became a pivotal bowler for Royal Challengers Bengaluru in IPL 2026, contributing significantly to their championship victory.

Indian E-Commerce Market Poised for Massive Growth by 2030

Indian E-Commerce Market Poised for Massive Growth by 2030

Rediff.com7 Apr 2026

A new report by Google and Deloitte projects India's e-commerce market will nearly triple to USD 250 billion by 2030, driven by Gen Z shoppers, quick commerce expansion, and AI.

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Rediff.com26 May 2026

Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.

'I love Modi. India can count on me 100%': Trump's phone call at live Delhi event

'I love Modi. India can count on me 100%': Trump's phone call at live Delhi event

Rediff.com25 May 2026

US President Donald Trump reiterated his strong support for India and Prime Minister Narendra Modi, declaring that 'India can count on me 100 per cent' during a celebratory event marking the 250th anniversary of American independence in New Delhi.

Hormuz Crisis Threatens Global Economy

Hormuz Crisis Threatens Global Economy

Rediff.com12 Mar 2026

When missiles fly in this region, they are never just aimed at military targets.

How India Can Create 100 Million New Jobs In 7 Years!

How India Can Create 100 Million New Jobs In 7 Years!

Rediff.com4 Jun 2026

TeamLease Co-founder Manish Sabharwal on why regulatory cholesterol is killing India's entrepreneurial engine -- and how we can fix it and generate 100 million jobs in India in just about 7 years.

One Indian oil tanker crosses Hormuz, four others turn back

One Indian oil tanker crosses Hormuz, four others turn back

Rediff.com18 Apr 2026

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.

Will The Economy Face A Bumpy Road Ahead?

Will The Economy Face A Bumpy Road Ahead?

Rediff.com6 Jan 2026

Real GDP growth surprised on the upside in 2025, but weaker nominal growth, trade uncertainty, and soft demand signal a bumpier road ahead.

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Rediff.com21 Apr 2026

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.

'Small-Caps Represent Best Opportunity In India'

'Small-Caps Represent Best Opportunity In India'

Rediff.com16 Jun 2026

'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

Is All Well With US-Iran MoU?

Is All Well With US-Iran MoU?

Rediff.com20 Jun 2026

Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.

India records $7.1 billion current account surplus in Q4 FY26

India records $7.1 billion current account surplus in Q4 FY26

Rediff.com8 Jun 2026

India achieved a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, primarily boosted by robust services exports and increased remittances from overseas Indians, according to recent Reserve Bank of India data.

India Is Lucky To Have Both Nehru And Modi

India Is Lucky To Have Both Nehru And Modi

Rediff.com10 Jun 2026

If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Rediff.com5 May 2026

Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.