News for 'New Global Economy'

Global Dark Economy Clouds Hover Over India

Global Dark Economy Clouds Hover Over India

Rediff.com30 Aug 2023

'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.

Modi's Diplomacy Needs To Get More Done

Modi's Diplomacy Needs To Get More Done

Rediff.com19 Aug 2025

One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.

India, UK to sign trade pact on July 24; Goyal to accompany PM Modi

India, UK to sign trade pact on July 24; Goyal to accompany PM Modi

Rediff.com22 Jul 2025

Commerce and Industry Minister Piyush Goyal will accompany Prime Minister Narendra Modi to London for the signing of the free trade agreement between India and the UK on July 24, an official said on Monday. The two countries announced the conclusion of the negotiations for the trade agreement on May 6.

Stock Markets Shine Despite Weak Monsoon

Stock Markets Shine Despite Weak Monsoon

Rediff.com11 Jun 2025

Data since 2005 show that the five years with the highest rainfall saw average market returns of 8.98 per cent, while the five driest years returned 25.7 per cent on average.

Modi arrives in Canada for G7 Summit amid Israel-Iran conflict

Modi arrives in Canada for G7 Summit amid Israel-Iran conflict

Rediff.com17 Jun 2025

The Kananaskis gathering on June 16-17 is the Prime Minister's 6th consecutive participation in the G7 Summit.

India's Foreign Policy Needs Strategic Expansion

India's Foreign Policy Needs Strategic Expansion

Rediff.com12 Aug 2025

The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

'The RBI has started to support growth'

'The RBI has started to support growth'

Rediff.com2 Jul 2025

'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

In Rio, BRICS to echo India's voice on terror, condemn Pahalgam attack

In Rio, BRICS to echo India's voice on terror, condemn Pahalgam attack

Rediff.com30 Jun 2025

The formulations in the declaration in reference to terrorism is going to be to our "satisfaction", Dammu Ravi, secretary (economic relations) in the external affairs ministry said on Monday.

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'

Peace is an illusion, India must be prepared: Rajnath Singh

Peace is an illusion, India must be prepared: Rajnath Singh

Rediff.com7 Jul 2025

Defence Minister Rajnath Singh emphasizes the need for India to remain prepared for uncertainty, even during peacetime, and highlights the increasing importance of the defence sector as an economic driver.

'75+ IPOs Have Received SEBI Approval'

'75+ IPOs Have Received SEBI Approval'

Rediff.com28 Jul 2025

'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'

How India, UK will benefit from the free trade deal

How India, UK will benefit from the free trade deal

Rediff.com24 Jul 2025

India on Thursday signed a free trade agreement, officially dubbed as the Comprehensive Economic and Trade Agreement (CETA), with the UK - its 16th trade pact so far - as the country aims to boost bilateral trade and investments.

FPIs infuse Rs 19,860 cr in equities in May

FPIs infuse Rs 19,860 cr in equities in May

Rediff.com1 Jun 2025

Foreign investors continue to exhibit confidence in the country's equity market, injecting Rs 19,860 crore in May driven by favourable global economic indicators and strong domestic fundamentals. This positive momentum follows a net investment of Rs 4,223 crore in April, data with the depositories showed.

How Modi Changed Indian Politics

How Modi Changed Indian Politics

Rediff.com17 Sep 2025

In the last 11 years, India and the world witnessed what he stood for, what he promised and did not deliver, and what he actually stood for and practised without fearing how history would judge him. Modi's tenure has been punctuated with headline-grabbing decisions, symbolic gestures, and stage-managed moments that continue to define his leadership and India's politics, points out Ramesh Menon.

How Modi govt brought economy back on track: White Paper

How Modi govt brought economy back on track: White Paper

Rediff.com8 Feb 2024

The 54-page document tabled in Parliament detailed how the Modi-government pull the economy from being counted among the most fragile-five in the world to being the fasted growing and the most attractive investment destination.

Russell hopes to end on high, inspire Windies youth

Russell hopes to end on high, inspire Windies youth

Rediff.com17 Jul 2025

Andre Russell, who was part of West Indies' T20 World Cup-winning squads in 2012 and 2016, expressed deep pride in wearing the maroon jersey for over a decade.

ISRO Transfers SSLV Tech To HAL

ISRO Transfers SSLV Tech To HAL

Rediff.com21 Jun 2025

State-run Hindustan Aeronautics Limited has won a bid under which it will receive technology from the Indian Space Research Organisation for the end-to-end commercial production of the Small Satellite Launch Vehicle (SSLV), a first for the industry as India seeks to become a global hub for small satellite manufacturing and launches.

'Our Nifty Target For December Is 26,500'

'Our Nifty Target For December Is 26,500'

Rediff.com24 Jun 2025

'We continue to view India as a standout within EM.'

Equity FDI inflows nearly halve on global overhang

Equity FDI inflows nearly halve on global overhang

Rediff.com20 Sep 2023

Showing the effect of the slowdown in global economic activity, the equity foreign direct investment (FDI) into India declined sharply to $13.9 billion in April-July 2023 from $22.04 billion a year ago. The net FDI, inflows minus outflows, declined from $17.28 billion in April-July 2022 to $5.70 billion in April-July 2023 on account of moderating gross FDI and a rise in repatriation. Gross FDI into India moderated to $22.0 billion during April-July 2023 from $29.6 billion a year ago, according to Reserve Bank of India data.

'Markets Have Already Scaled A Wall Of Worry'

'Markets Have Already Scaled A Wall Of Worry'

Rediff.com7 Aug 2025

'From tariff tensions and border skirmishes to unrest in West Asia.' 'The worst may be behind us. But any further upmove will now have to come from earnings.'

Why Gen Z Is Investing In US Stocks

Why Gen Z Is Investing In US Stocks

Rediff.com27 Jun 2025

They don't just want better returns -- they're looking for global opportunities, more variety and smarter ways to grow their money, says Soubho Moulik, CEO, Appreciate.

'Corruption Is No Longer A Bad Word'

'Corruption Is No Longer A Bad Word'

Rediff.com5 Aug 2025

'When India opened its doors to the world, moving away from an agrarian to a market economy, everything, whether life or love, was commodified.'

In UK, Modi warns against 'misuse of democratic freedom'

In UK, Modi warns against 'misuse of democratic freedom'

Rediff.com24 Jul 2025

Prime Minister Narendra Modi and his British counterpart Keir Starmer discussed the need to prevent the misuse of democratic freedoms by extremist ideologies. They also addressed terrorism and trade ties.

Need to address de-escalation: Jaishankar in Beijing

Need to address de-escalation: Jaishankar in Beijing

Rediff.com14 Jul 2025

India and China should build on 'good progress' in normalising the bilateral ties to address border-related issues including de-escalation, and it is essential to avoid 'restrictive trade measures and roadblocks', External Affairs Minister S Jaishankar said on Monday during talks with his Chinese counterpart Wang Yi.

Trade war hit on India likely to be limited: RBI

Trade war hit on India likely to be limited: RBI

Rediff.com23 Apr 2025

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.

Singapore's ruling party sweeps back to power

Singapore's ruling party sweeps back to power

Rediff.com4 May 2025

Singapore's long-ruling People's Action Party (PAP), led by Prime Minister Lawrence Wong, has secured a landslide victory in the country's general election. The PAP won 87 of 97 seats, with voters endorsing the party's focus on stability and economic security amidst global uncertainties. Wong expressed gratitude for the strong mandate and vowed to tackle concerns about the cost of living and housing. The results mark a significant win for the PAP, which has been in power since Singapore's independence in 1965.

India's GDP to grow at 6.5-6.7% in FY26: Deloitte

India's GDP to grow at 6.5-6.7% in FY26: Deloitte

Rediff.com1 May 2025

Deloitte on Thursday projected economic growth at 6.5-6.7 per cent for the current fiscal, as tax incentives provided in the Budget are expected to push domestic demand amid an uncertain global trade environment. Deloitte estimated India's GDP growth at 6.3-6.5 per cent for FY25 and said that the economic outlook for FY26 hinges on a delicate balance between evolving trade relations and government efforts to boost domestic consumer demand.

'Trump Has Been Threatening India'

'Trump Has Been Threatening India'

Rediff.com25 Mar 2025

'Many of these issues will be resolved within 6 months because the US economy has started unravelling.'

'AI is no longer a futuristic concept but an economic multiplier'

'AI is no longer a futuristic concept but an economic multiplier'

Rediff.com2 Feb 2025

Budget 2025 lays down a transformational roadmap for India's digital and economic future, focusing on AI-driven enterprise modernisation, workforce skilling, and sustainable innovation. With bold investments in AI, digital infrastructure, and ease of doing business, the government has set the stage for businesses to scale, innovate and compete on a global level.

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

'US Needs India To Keep China In Check'

'US Needs India To Keep China In Check'

Rediff.com8 Sep 2025

'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'

Walmart to add 1 lakh MSMEs in next 3 years

Walmart to add 1 lakh MSMEs in next 3 years

Rediff.com19 Jun 2025

US-based retail giant Walmart will connect one lakh more MSMEs in the next three years to its supplier development programme in India, a company official said here on Thursday. The programme, Walmart Vriddhi, has partnered with Ideas to Impact Foundation (i2i), which will enable more MSMEs to expand their access to both national and international markets, helped by the combined strengths of Walmart's global supply chain and Flipkart's e-commerce capabilities.

Sensex jumps 410 pts on buying in banking shares

Sensex jumps 410 pts on buying in banking shares

Rediff.com21 May 2025

Among Sensex firms, Bajaj Finserv, Tata Steel, Sun Pharma, Tech Mahindra, Bajaj Finance, NTPC, Nestle, Tata Motors, Hindustan Unilever and Mahindra & Mahindra were the biggest gainers. IndusInd Bank, Kotak Mahindra Bank, Power Grid and ITC were among the laggards.

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.

RBI cuts repo rate to boost growth, home loan borrowers get relief

RBI cuts repo rate to boost growth, home loan borrowers get relief

Rediff.com6 Jun 2025

Since February 2025, the RBI has reduced the policy rate by 100 basis points. In its previous policy review in April, it had also trimmed the repo rate by 25 basis points to 6 per cent.

Sensex gains 320 points; Nifty ends above 24K

Sensex gains 320 points; Nifty ends above 24K

Rediff.com29 May 2025

Benchmark stock indices Sensex and Nifty rebounded on Thursday after two days of decline, mirroring a rally in global markets as a US court blocked President Donald Trump's reciprocal tariffs. The 30-share BSE Sensex climbed 320.70 points or 0.39 per cent to settle at 81,633.02.

Modi urges global tech CEOs to be part of India growth story

Modi urges global tech CEOs to be part of India growth story

Rediff.com23 Sep 2024

Prime Minister Narendra Modi urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around $3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years.