News for 'The Economic Times'

Not concerned about rupee at all: Sanjeev Sanyal

Not concerned about rupee at all: Sanjeev Sanyal

Rediff.com18 Dec 2025

Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal on Thursday said he is not concerned about the rupee at all, arguing that even China and Japan witnessed exchange rate weaknesses during their high growth phases.

Q3FY26 results preview: IT companies' growth likely to remain muted

Q3FY26 results preview: IT companies' growth likely to remain muted

Rediff.com12 Jan 2026

With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26).

'If US can do it...': Experts on Trump's action in Venezuela

'If US can do it...': Experts on Trump's action in Venezuela

Rediff.com4 Jan 2026

Indian strategic affairs experts criticize the US strike on Venezuela and the capture of President Nicolas Maduro, warning of a 'bad precedent' and potential for similar actions by other powers.

Darjeeling tea output may have hit a new low in 2025

Darjeeling tea output may have hit a new low in 2025

Rediff.com12 Jan 2026

The famed Darjeeling tea may have slip to a new production low in 2025, as changing weather patterns, a shortage of pluckers and mounting economic stress weigh on the region's gardens.

Adani Power gets relief as SC nixes SEZ electricity duty

Adani Power gets relief as SC nixes SEZ electricity duty

Rediff.com6 Jan 2026

Customs duty cannot be levied on electricity supplied from a special economic zone (SEZ) to the domestic market, ruled the Supreme Court on Monday while upholding Adani Power's appeal against a 2019 judgment of the Gujarat high court. The 2019 judgment had denied relief to Adani Power from Customs duty on electricity supplied from its Mundra SEZ unit to the domestic tariff area (DTA).

'Rahul Can't Play Victim All The Time'

'Rahul Can't Play Victim All The Time'

Rediff.com17 Nov 2025

'Rahul Gandhi's problem is that he doesn't think big.' 'He looks more like an activist, while politics is like a game of chess. You attack and then defend and have a game-plan.'

'Dr Gadgil Understood Environment's Impact On Mankind's Future'

'Dr Gadgil Understood Environment's Impact On Mankind's Future'

Rediff.com12 Jan 2026

'His report created a lot of negative reaction in Kerala and in a way, he was crucified for writing such a report.' 'I asked him, "Don't you feel frustrated?"' 'His reply was, "Have you read Bhagavad Gita Chapter2"?' 'He particularly mentioned verse 47, where Sri Krishna tells Arjuna, "Your duty is to work without thinking of the fruits you get".' "He said, "similarly, my duty was to do what best I could do without hoping for any rewards".'

China claims it mediated India-Pakistan tensions in May

China claims it mediated India-Pakistan tensions in May

Rediff.com30 Dec 2025

Chinese Foreign Minister Wang Yi stated that China mediated tensions between India and Pakistan, a claim disputed by India which maintains that the matter was resolved bilaterally.

Why US attacked Venezuela and captured Maduro

Why US attacked Venezuela and captured Maduro

Rediff.com4 Jan 2026

The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national security and migration crisis.

Can India Solve The Air Pollution Problem?

Can India Solve The Air Pollution Problem?

Rediff.com5 Jan 2026

Mundane as it may seem, this is in some ways a metaphor for the challenges facing the nation, argue Arvind Subramanian and Devesh Kapur in their new book, A Sixth Of Humanity.

Why Movie Companies Are Looking Beyond Films

Why Movie Companies Are Looking Beyond Films

Rediff.com7 Jan 2026

They are venturing into allied businesses, which range from starting talent management agencies to music labels to tap into every possible monetisable opportunity to appeal to investors.

India making strong efforts to host 2036 Olympics: Modi

India making strong efforts to host 2036 Olympics: Modi

Rediff.com4 Jan 2026

Prime Minister Narendra Modi on Sunday asserted that India is preparing with full strength to host the 2036 Olympic Games.

US reveals first-ever drone strike inside Venezuela

US reveals first-ever drone strike inside Venezuela

Rediff.com31 Dec 2025

The United States carried out a covert drone strike on a port facility along Venezuela's coastline earlier this month, in what is believed to be the first known American attack on a target inside Venezuelan territory, CNN reported.

Why YouTube Is Investing In India

Why YouTube Is Investing In India

Rediff.com30 Dec 2025

'As a nation, we create beautiful content and a high volume of it (films) but we are limited by the number of theatres and screen density.' 'You now have a living-room large screen available to showcase that.'

'India Should Move Quickly As Conditions Change'

'India Should Move Quickly As Conditions Change'

Rediff.com2 Jan 2026

'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'

Lost job to AI, inspired by Bunty Aur Babli: Duo held for theft

Lost job to AI, inspired by Bunty Aur Babli: Duo held for theft

Rediff.com25 Dec 2025

An 18-year-old graphic designer, who claimed to have lost his job due to AI, was arrested with his NEET-aspirant woman friend on Thursday for allegedly stealing jewelry worth Rs 16 lakh.

Healthcare IPOs See A Surge In 2025

Healthcare IPOs See A Surge In 2025

Rediff.com8 Jan 2026

The surge has come alongside a decline in average issue sizes and more muted listing-day returns compared with last year.

Somnath@1,000: The Power Of Unbroken Faith

Somnath@1,000: The Power Of Unbroken Faith

Rediff.com5 Jan 2026

If the Somnath temple, which was attacked 1,000 years ago and faced continuous attacks thereon, could rise again and again, then we can surely restore our great nation to the glory it embodied 1,000 years ago before the invasions, asserts Narendra Modi.

Will India continue to remain an attractive FDI destination in 2026?

Will India continue to remain an attractive FDI destination in 2026?

Rediff.com27 Dec 2025

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.

'Save Indian football...' Chhetri & Co appeal to FIFA

'Save Indian football...' Chhetri & Co appeal to FIFA

Rediff.com2 Jan 2026

Staring at a permanent paralysis: Indian footballers urge FIFA intervention on ISL

China sanctions 20 US defence firms over Taiwan arms sales

China sanctions 20 US defence firms over Taiwan arms sales

Rediff.com26 Dec 2025

China has imposed sanctions on 20 US defence firms in response to the Trump administration's approval of a record USD 11.1 billion arms sales package to Taiwan.

Retail rush, SIPs drive Rs 14 lakh cr jump in mutual fund assets in 2025

Retail rush, SIPs drive Rs 14 lakh cr jump in mutual fund assets in 2025

Rediff.com31 Dec 2025

Mutual fund industry extended its bull run in 2025, adding a staggering Rs 14 lakh crore to its asset base and pushing total AUM to a record Rs 81 lakh crore by November, powered by surge in retail participation and record SIP inflows. Venkat Chalasani, chief executive officer of AMFI, told PTI that the industry's outlook remains positive, with steady SIP inflows continuing to offset foreign portfolio investor outflows and strengthening market resilience.

The AI Financial Bubble Is For Real

The AI Financial Bubble Is For Real

Rediff.com1 Jan 2026

'I don't see how a company like OpenAI can honestly expect to generate revenue significant enough to maintain its spending habits via John and Jane Q. Public,' points out Sree Sreenivasan.

Shopping Madness: The Black Friday Phenomenon

Shopping Madness: The Black Friday Phenomenon

Rediff.com27 Nov 2025

India has gained one more festival -- the season of Black Friday.

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

Rediff.com8 Jan 2026

'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'

Mamdani's success story to inspire generations

Mamdani's success story to inspire generations

Rediff.com1 Jan 2026

Indian-descent democratic socialist Zohran Mamdani has been sworn in as the Mayor of New York City, marking a new era for the city with a focus on affordability and working-class New Yorkers.

India to launch uncrewed Gaganyaan mission in 2026

India to launch uncrewed Gaganyaan mission in 2026

Rediff.com1 Jan 2026

India is set to take its first steps towards its own human space flight when the uncrewed Gaganyaan mission soars to the skies later this year. Private players in the space sector are also gearing up for launching satellites on home-built rockets.

New GDP series to improve informal sector estimates

New GDP series to improve informal sector estimates

Rediff.com1 Jan 2026

India's new national accounts will leverage new data sources and surveys to enhance the measurement of the country's informal economy, and introduce double deflation methods across sectors, replacing the current system that relies on a single deflation mechanism in Gross Domestic Product (GDP) calculations.

'The Key Is Talent, Technology, Trust'

'The Key Is Talent, Technology, Trust'

Rediff.com30 Dec 2025

'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'

How RBI Governor Fared In The First Year

How RBI Governor Fared In The First Year

Rediff.com29 Dec 2025

Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.

Modi To Inaugurate New Guwahati Airport

Modi To Inaugurate New Guwahati Airport

Rediff.com19 Dec 2025

'International flights will continue to operate from the old terminal because of customs and other requirements. Eventually, the old terminal will be closed.'

How The World Uses ChatGPT

How The World Uses ChatGPT

Rediff.com22 Dec 2025

Around 10 per cent of the world's population now uses the AI tool. For what though?

India's free trade agreements decoded

India's free trade agreements decoded

Rediff.com22 Dec 2025

India on Monday announced closure of negotiations for a free trade agreement signed with New Zealand, its 18th deal so far as the country aims to boost bilateral trade and investments. The India-New Zealand FTA is expected to be signed in the next three months and it is likely to come into force next year.

Global trade getting weaponised through tariffs: Sitharaman

Global trade getting weaponised through tariffs: Sitharaman

Rediff.com17 Dec 2025

Finance Minister Nirmala Sitharaman on Wednesday said global trade is increasingly "getting weaponised" through tariffs and other measures, and India will have to negotiate its way carefully. She said that the overall strength of the economy will give the country an added advantage.

New Rural Jobs Bill Sparks International Concern

New Rural Jobs Bill Sparks International Concern

Rediff.com20 Dec 2025

'Previously, contributing only 25 per cent of material costs, states now face burdens of 40 per cent to 100 per cent of total costs, ensuring poorer states will curb project approvals, directly stifling work demand.'

Cong announces farm laws-style stir against MGNREGA repeal

Cong announces farm laws-style stir against MGNREGA repeal

Rediff.com27 Dec 2025

The Congress will launch a nationwide campaign against the repeal of the United Progressive Alliance-era rural employment legislation Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) on January 5, similar to the pushback against the three farm laws which eventually forced the Narendra Modi government to rollback its decision, party president Mallikarjun Kharge said.

Pak raises concerns over Chenab River flow, writes to India

Pak raises concerns over Chenab River flow, writes to India

Rediff.com19 Dec 2025

Pakistan has voiced concerns over the alleged variations in the flow of the Chenab River and has written a letter to India seeking clarification. They also commented on an incident in Bihar involving the removal of a Muslim woman's veil.

Auto retail sales surge to all-time high of over 52 lakh units

Auto retail sales surge to all-time high of over 52 lakh units

Rediff.com7 Nov 2025

Automobile retail sales across the domestic market witnessed a 21 per cent year-on-year increase in the 42-day festive season led by record registrations of passenger vehicles and two-wheelers aided by GST rejig enabled drop in prices across segments, dealer' body FADA said on Friday.

Goldilocks phase, reforms glide path to spur Indian economy in 2026

Goldilocks phase, reforms glide path to spur Indian economy in 2026

Rediff.com31 Dec 2025

India, the world's fourth largest economy, is set to maintain the 'goldilocks' phase with tailwinds of good growth, low inflation and robust banking performance as well as reform initiatives poised to sustain the economic pace witnessed during 2025.

PSBs rework branch plan to pare costs

PSBs rework branch plan to pare costs

Rediff.com23 Dec 2025

In order to optimise branch efficiency, public sector banks (PSBs) are reworking their strategies to streamline operations and reduce cost amid changing customer behaviour. The strategies include closing or merging low traffic branches and reducing their size in smaller centres.