News for 'New Global Economy'

Paresh Rawal's 'The Taj Story' poster sparks controversy

Paresh Rawal's 'The Taj Story' poster sparks controversy

Rediff.com30 Sep 2025

'Bollywood now pushing propaganda with #TheTajStory a film twisting history by showing the Taj Mahal as a temple. A country boasting of being the 4th largest economy is drowning in fantasy & communal myths. When propaganda feels ashamed, you know it's India 2025'

Prez hails Op Sindoor, Atmanirbhar Bharat in I-Day address

Prez hails Op Sindoor, Atmanirbhar Bharat in I-Day address

Rediff.com15 Aug 2025

President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.

American Tech Caught in Trade Crossfire

American Tech Caught in Trade Crossfire

Rediff.com3 Sep 2025

'Amazon, Meta, Google, Microsoft have large operations in India and rely on smooth trade and data flows.' 'Restrictions could raise their costs, limit AI chip exports, and complicate their India strategies.'

Sensex, Nifty surge over 2% on rally in global markets

Sensex, Nifty surge over 2% on rally in global markets

Rediff.com15 Apr 2025

All the BSE sectoral indices closed in the green. BSE Realty, Auto, Capital Goods and Industrials were lead gainers, jumping up to 5 per cent. IndusInd Bank was the lead gainer among Sensex shares, surging by 6.84 per cent. Tata Motors rallied 4.50 per cent. Larsen & Toubro, Axis Bank, Adani Ports, HDFC Bank, ICICI Bank and HCL Tech were also among the gainers. ITC and Hindustan Unilever were the only laggards.

Avg yield of Indian REITs at 6-7.5% is higher than US

Avg yield of Indian REITs at 6-7.5% is higher than US

Rediff.com13 Sep 2025

Indian Real Estate Investment Trusts (REITs) are generating an average yield of 6-7.5 per cent for unitholders, better than many mature markets, including the US, according to a report by CREDAI and Anarock. CREDAI, the apex body of Indian real estate developers, and property consultant Anarock released a report 'Indian REITs - A Gateway to Institutional Real Estate' at an event in Singapore.

Don't view India-China ties through 'third country lens': Modi

Don't view India-China ties through 'third country lens': Modi

Rediff.com31 Aug 2025

Prime Minister Narendra Modi and Chinese President Xi Jinping vowed to work towards a "fair, reasonable, and mutually acceptable" resolution of the festering boundary issue and pledged to work towards stabilising global trade.

Is Pakistan's Rise Wake-Up Call For India?

Is Pakistan's Rise Wake-Up Call For India?

Rediff.com22 Oct 2025

New Delhi might have loudly welcomed an age of multipolarity, hedging and strategic autonomy. But it seems the winner in that game is Islamabad, not us, points out Mihir S Sharma.

China's leadership meet to discuss graft in military, US tariff war

China's leadership meet to discuss graft in military, US tariff war

Rediff.com19 Oct 2025

China's ruling Communist Party is holding its annual leadership conclave to discuss the new five-year plan, the impact of US President Donald Trump's tariff war, and the ongoing anti-corruption crackdown in the military.

Trump introduces 'Gold Card' for permanent US residency

Trump introduces 'Gold Card' for permanent US residency

Rediff.com20 Sep 2025

The Trump administration has launched a premium immigration programme targeting wealthy individuals worldwide, offering permanent residency in the United States through expensive 'Gold Cards' that could generate billions in revenue for the American Treasury.

Plan To Travel During Diwali?

Plan To Travel During Diwali?

Rediff.com19 Sep 2025

'This festival season, advance airfares for major metros are up 20 to 25 per cent from last year.'

In Tokyo, Modi pitches India's growth amid US tariff row

In Tokyo, Modi pitches India's growth amid US tariff row

Rediff.com29 Aug 2025

Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.

India's manufacturing activity falls to 4-month low in Sep

India's manufacturing activity falls to 4-month low in Sep

Rediff.com1 Oct 2025

India's manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to one-year low, a monthly survey said on Wednesday.

Maha shops eateries, theatres get 24x7 nod; bars excluded

Maha shops eateries, theatres get 24x7 nod; bars excluded

Rediff.com3 Oct 2025

The GR says that shops and commercial establishments may remain open on all days of the week, provided that every employee is allowed a continuous rest period of at least 24 hours in a week.

'Gold, Silver Are Long-Term Insurance'

'Gold, Silver Are Long-Term Insurance'

Rediff.com2 Oct 2025

'The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself.'

RBI in no hurry to launch digital currency nationwide

RBI in no hurry to launch digital currency nationwide

Rediff.com8 Oct 2025

The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.

After IMF, now World Bank lowers India's FY26 growth forecast to 6.3%

After IMF, now World Bank lowers India's FY26 growth forecast to 6.3%

Rediff.com23 Apr 2025

The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty. In its previous estimate, the World Bank had projected India's growth at 6.7 per cent for the fiscal year 2025-26.

India, China must move ahead with mutual respect, Jaishankar tells Wang Yi

India, China must move ahead with mutual respect, Jaishankar tells Wang Yi

Rediff.com19 Aug 2025

Chinese Foreign Minister Wang Yi's visit to India focuses on border talks with NSA Ajit Doval, amidst efforts to rebuild relations after the Galwan Valley clashes and rising India-US tensions.

Trump's Tariffs: India's Second 1991 Moment

Trump's Tariffs: India's Second 1991 Moment

Rediff.com29 Aug 2025

The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.

Blue Economy Needs Strong Navy Protection

Blue Economy Needs Strong Navy Protection

Rediff.com7 Jan 2025

Naval assets take years to build, and therefore, not only is futuristic force planning essential, but indigenous projects must also be put into the pipeline, technologies developed and contracts for assets signed regularly so that the Indian Navy always remains a future-focussed force, asserts Vice Admiral Biswajit Dasgupta (retd).

'Ukraine conflict just a pretext': Putin defends India amid US tariffs

'Ukraine conflict just a pretext': Putin defends India amid US tariffs

Rediff.com4 Sep 2025

Putin further described the Ukraine conflict as a mere "pretext" by Western powers to take these broader punitive measures against countries maintaining strong economic ties with Russia.

India Eyes Self-Reliance in Rare-Earth Magnet Production

India Eyes Self-Reliance in Rare-Earth Magnet Production

Rediff.com9 Oct 2025

The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.

Gold, silver log record gains in H1 FY26 amid US economic uncertainties

Gold, silver log record gains in H1 FY26 amid US economic uncertainties

Rediff.com1 Oct 2025

Owing to uncertainties on higher inflation and muted growth in the United States (US), coupled with concerns around America's rising debt and tariffs imposed by President Donald Trump, the world's largest economy has become the epicentre of an unabated record rally in prices of precious metals.

Two Fed cuts and the global economy

Two Fed cuts and the global economy

Rediff.com6 Nov 2007

Despite two interest rate cuts from the Fed, concerns about the strength of the economy and the persistence of the credit crunch have so far kept high-yield bonds -- or junk bonds -- under pressure. Look at the closed-end funds, in particular. The gap between the value of the bonds held by these funds -- their net asset values -- and their market price is at historic highs.

How India can become a high-income country by 2047

How India can become a high-income country by 2047

Rediff.com28 Feb 2025

India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.

H1B Visa Hike: Come Back Home, Say Experts

H1B Visa Hike: Come Back Home, Say Experts

Rediff.com24 Sep 2025

'Returning Indians can leverage their international skills and the strong funding environment for start-ups here.'

'Govt Unsure How To Fire Economy Upwards'

'Govt Unsure How To Fire Economy Upwards'

Rediff.com6 Feb 2025

'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'

Fed keeps rates unchanged, says 'monitoring' global economy

Fed keeps rates unchanged, says 'monitoring' global economy

Rediff.com28 Jan 2016

Inflation is expected to remain low in the near term, in part because of the further declines in energy prices.

Modi lands in China after gap of 7 years; all eyes on meet with Xi

Modi lands in China after gap of 7 years; all eyes on meet with Xi

Rediff.com30 Aug 2025

Prime Minister Narendra Modi arrived in China for the Shanghai Cooperation Organisation (SCO) summit. His meeting with President Xi Jinping is significant given global economic concerns.

India signals willingness to cut Russian oil? US lawmaker says...

India signals willingness to cut Russian oil? US lawmaker says...

Rediff.com4 Sep 2025

An influential US lawmaker claims his visit to India helped catalyze "early signals" that New Delhi may reduce its imports of Russian oil, a step he described as "meaningful" in weakening Moscow's ability to fund its war in Ukraine.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com31 Aug 2025

Equity markets this week would keenly track the upcoming GST Council meeting, macroeconomic data announcements and trading activity of foreign investors for further movement, analysts said. Moreover, developments related to tariff negotiations, global market trends and auto sales data would also drive investors' sentiment.

How Chinese state media reported on Modi's visit

How Chinese state media reported on Modi's visit

Rediff.com31 Aug 2025

The Global Times, a prominent state-run Chinese media outlet, published an article titled "China and India are cooperation partners, not rivals: Xi," highlighting President Xi Jinping's remarks about the bilateral meeting, saying, "as long as the two countries stick to this overarching direction, China-India relations can sustain steady and long-term growth."

Tariffs are integral to Trump's vision for US economy

Tariffs are integral to Trump's vision for US economy

Rediff.com23 Apr 2025

Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan.

Why manufacturing sector's energy bills are at 20-year low

Why manufacturing sector's energy bills are at 20-year low

Rediff.com19 Sep 2025

High energy costs, long a drag on India's manufacturing competitiveness, are finally easing. Power and fuel expenses accounted for 1.98 per cent of net sales in 2024-25, the lowest level in data compiled by the Centre for Monitoring Indian Economy (CMIE) over the past two decades.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Aug 2025

Plans for big bang reforms in the GST regime by Diwali, the Putin-Trump summit and S&P upgrading India's sovereign credit rating are likely to instil optimism in the domestic equity market in the week ahead, analysts said. Besides, trends in global markets and the trading activity of foreign investors would also impact domestic investors' sentiment.

Sensex climbs 341 points amid sharp gains in global shares

Sensex climbs 341 points amid sharp gains in global shares

Rediff.com17 Mar 2025

From the Sensex pack, Bajaj Finserv, Mahindra & Mahindra, Axis Bank, Bajaj Finance, Adani Ports, ICICI Bank, Zomato and UltraTech Cement were among the biggest gainers. However, ITC, Nestle, State Bank of India, Reliance Industries, Asian Paints and Tata Consultancy Services were among the laggards.

Car sales in fast lane in Sep on lower prices post GST rejig

Car sales in fast lane in Sep on lower prices post GST rejig

Rediff.com1 Oct 2025

Auto majors Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported robust sales in September as reduced price tags owing to GST rationalisation led to record demand in the Navaratri period. The month also saw Tata Motors and Mahindra & Mahindra settling at number two and three positions, respectively in vehicle wholesales ahead of Hyundai Motor India.

Road Ahead For Nepal Not An Easy One

Road Ahead For Nepal Not An Easy One

Rediff.com23 Sep 2025

The GenZ violence that engulfed Nepal is not only against nepo-babies -- its anger is broader and riddled with contradictions, making it difficult for interim PM Sushila Karki, points out Aditi Phadnis.

A Deal Is Possible Only On Trump's Terms

A Deal Is Possible Only On Trump's Terms

Rediff.com31 Jul 2025

For India, the challenge is to strike a balance between tactical necessity and economic priorities, point out Pravin Krishna and Monil Sharma.

Gold rally may pause as investors eye US Fed policy decision

Gold rally may pause as investors eye US Fed policy decision

Rediff.com14 Sep 2025

Gold prices are expected to maintain their upward momentum though some consolidation could set in ahead of the US Federal Reserve's policy decision on September 17, analysts said. Traders will focus on the trade inflation data to gauge the impact of tariffs, inflation numbers from major economies including UK and Euro zone, along with monetary policy meetings of Bank of England and Bank of Japan which will provide more guidance for bullion prices, they added.

'Ethanol-blended petrol could reduce mileage by 2-4%'

'Ethanol-blended petrol could reduce mileage by 2-4%'

Rediff.com31 Aug 2025

'The E20 usage accrues the huge benefit to the nation, to the society, to the farmer, to the environment, to the exchequer and all of us'