News for 'The Economic Times'

Blinkit extends lead in quick commerce, outperforming rivals beyond major cities

Blinkit extends lead in quick commerce, outperforming rivals beyond major cities

Rediff.com7 days ago

A new CLSA report indicates that Eternal's Blinkit is significantly widening its lead in India's quick-commerce sector, particularly beyond major metropolitan areas, by expanding its dark store network and securing a first-mover advantage in over 180 cities.

India's Forex Kitty Swells by $9.9 Billion to $716.9 Billion

India's Forex Kitty Swells by $9.9 Billion to $716.9 Billion

Rediff.com21 Aug 2026

India's foreign exchange reserves increased by $9.9 billion to $716.9 billion for the week ended August 14, as reported by the Reserve Bank of India (RBI). This surge follows a previous jump of $14.14 billion in the week prior, indicating a robust recovery after a period of decline earlier this year.

'Ethanol Blending Has Not Led to Sugar's Price Rise'

'Ethanol Blending Has Not Led to Sugar's Price Rise'

Rediff.com2 days ago

'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'

'We should have evidence': Former CDS reveals how Modi ordered Op Sindoor

'We should have evidence': Former CDS reveals how Modi ordered Op Sindoor

Rediff.com26 Aug 2026

Former Chief of Defence Staff Gen Anil Chauhan (retd) revealed that Prime Minister Narendra Modi directed an 'unthinkable' and 'big lesson' action against Pakistan following the April 2024 Pahalgam terror attack, emphasising India's zero-tolerance policy for cross-border terrorism and the need for irrefutable evidence.

Indian IT firms see uptick in outcome-based deals driven by AI

Indian IT firms see uptick in outcome-based deals driven by AI

Rediff.com21 Aug 2026

Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.

17 Years On, Sri Lanka's Missing Haunts Families

17 Years On, Sri Lanka's Missing Haunts Families

Rediff.com1 days ago

Many women admit that while they keep clamouring to know the whereabouts of their disappeared family members, they are painfully aware that all of them may have been done to death, points out M R Narayan Swamy.

Sumit Sarkar: The Historian Who Transformed Indian History

Sumit Sarkar: The Historian Who Transformed Indian History

Rediff.com25 Aug 2026

Sumit Sarkar was never intellectually dismissive of the Hindutva project. He took it with deadly seriousness for he grasped the challenge it posed to the aspirations and ideals of the anti-imperialist movement that generated multiple imaginings of freedom and ways to attain it, recalls Pradeep Kumar Dutta.

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Rediff.com12 Aug 2026

Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.

Credit Card Spending in India Crosses Rs 2 Trillion Mark

Credit Card Spending in India Crosses Rs 2 Trillion Mark

Rediff.com26 Aug 2026

Credit card spending in India has consistently topped Rs 2 trillion for three consecutive months, with July 2026 recording Rs 2.08 trillion, indicating a new normal for consumer expenditure, according to the latest RBI data.

What Makes Crypto Rise Or Fall?

What Makes Crypto Rise Or Fall?

Rediff.com14 Aug 2026

Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.

Caste, Covid jab: What citizens have to answer in Census 2027

Caste, Covid jab: What citizens have to answer in Census 2027

Rediff.com14 Aug 2026

The Centre has notified 40 questions for the upcoming Census 2027, including caste and place of Covid vaccination, marking the first time caste details will be collected as part of the decadal exercise. The population enumeration will be a fully digital process, with an option for self-enumeration.

Watch: Take A Tour Of Varun Dhawan's New Farm

Watch: Take A Tour Of Varun Dhawan's New Farm

Rediff.com20 Aug 2026

Varun Dhawan has made a significant investment in agricultural farmland, declaring it his 'biggest achievement', highlighting a growing trend among celebrities to embrace organic farming and rural living over urban luxury.

80th Independence Day: Modi vows to realise 'Viksit Bharat' dream by 2047

80th Independence Day: Modi vows to realise 'Viksit Bharat' dream by 2047

Rediff.com15 Aug 2026

Prime Minister Narendra Modi, in his 80th Independence Day address, expressed strong confidence that India will achieve developed nation status by 2047, urging citizens to embrace big dreams and unwavering resolve to realise 'Viksit Bharat'. He highlighted India's economic transformation and significant growth in various sectors, including defence production, electronic manufacturing, and mobile phone production.

India broadens crude sourcing to Latin America, Venezuela becomes key supplier

India broadens crude sourcing to Latin America, Venezuela becomes key supplier

Rediff.com20 Aug 2026

India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.

'I'm A Pretty Funny Guy In Real Life'

'I'm A Pretty Funny Guy In Real Life'

Rediff.com24 Aug 2026

'I wanted to make an out-and-out entertainer, a film where people could come into the theatre, laugh, have fun, and walk out feeling entertained. That was my thought when I took up Korean Kanakaraju.'

Can TCS Survive Chandra's Exit?

Can TCS Survive Chandra's Exit?

Rediff.com24 Aug 2026

N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.

What Gandhi's Passport Application Looked Like

What Gandhi's Passport Application Looked Like

Rediff.com21 Aug 2026

Gandhi's 1931 passport for his travel to London was issued in Bombay. It was the last time the Mahatma travelled abroad.

Vijay's 'gift' leaves MLA singing his praises in assembly

Vijay's 'gift' leaves MLA singing his praises in assembly

Rediff.com19 Aug 2026

Tamil Nadu Chief Minister C Joseph Vijay announced official vehicles and a monthly allowance for MLAs to address public grievances and monitor government projects in their constituencies. This initiative aims to reduce financial burden, improve transparency, and ensure grassroots service delivery.

Suspense over Xi's BRICS visit continues as Doval meets Chinese VP Han, FM Wang

Suspense over Xi's BRICS visit continues as Doval meets Chinese VP Han, FM Wang

Rediff.com25 Aug 2026

National Security Advisor Ajit Doval engaged in Special Representatives talks with Chinese Foreign Minister Wang Yi in Beijing, focusing on the India-China boundary question and enhancing bilateral relations. These crucial discussions precede Chinese President Xi Jinping's anticipated visit to New Delhi for the BRICS summit, aiming to address persistent border differences and stabilise ties strained by past conflicts like the Galwan Valley clash.

Iran rejigs leadership after rare meet between Supreme Leader, President

Iran rejigs leadership after rare meet between Supreme Leader, President

Rediff.com10 Aug 2026

Supreme Leader Mojtaba Khamenei has reshuffled Iran's political and national-security establishment, appointing former SNSC Secretary Mohammad Bagher Zolghadr as his political adviser and veteran IRGC commander Mohsen Rezaei as his representative on the Supreme National Security Council, consolidating power amid the West Asia crisis and Strait of Hormuz tensions.

Fresh clash erupts along Assam-Arunachal border, police fires in air

Fresh clash erupts along Assam-Arunachal border, police fires in air

Rediff.com13 Aug 2026

A fresh clash erupted between protesters from Assam and Arunachal Pradesh in Dhemaji district, leading to police firing in the air, as an indefinite economic blockade against Arunachal Pradesh entered its second day over land encroachment issues and an earlier firing incident.

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Rediff.com8 Aug 2026

Chief Economic Advisor V Anantha Nageswaran has stressed the urgent need for India's financial sector to proactively address the safety and security risks of artificial intelligence, stating that waiting for problems to materialise is not an option.

Let's Not Get Flattered By Sergei Gor's Kashmir Remarks

Let's Not Get Flattered By Sergei Gor's Kashmir Remarks

Rediff.com20 Aug 2026

New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.

Is India Ready For Digital NEET?

Is India Ready For Digital NEET?

Rediff.com18 Aug 2026

Computer-based testing can make the examination more secure and transparent. Ensuring equal opportunities to prepare will make it fair as well. India needs both, suggests Dibyasree Ganguly.

RBI MPC members hint at rate hikes as inflation risks persist

RBI MPC members hint at rate hikes as inflation risks persist

Rediff.com20 Aug 2026

Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

Rediff.com22 Aug 2026

India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.

SHANTI Rules Boost Nuclear Investment

SHANTI Rules Boost Nuclear Investment

Rediff.com24 Aug 2026

The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.

India's UPI Expands Global Reach With Maldives Integration

India's UPI Expands Global Reach With Maldives Integration

Rediff.com31 Jul 2026

NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA) have successfully integrated the Maldives' instant payment system 'Favara' with India's Unified Payments Interface (UPI). This enables real-time fund transfers from Maldives to UPI-enabled Indian bank accounts, marking a significant step in cross-border digital financial connectivity and bilateral economic cooperation.

'We are on your side': Polish envoy backs right to pursue terrorists

'We are on your side': Polish envoy backs right to pursue terrorists

Rediff.com21 Aug 2026

Polish envoy Piotr Antoni Switalski stated that Poland stands with India in the fight against terrorism, asserting his country's support for India's right to pursue terrorists globally, while also highlighting strong cultural and defence ties between the two nations.

India@80, America@250: Indian diaspora sets Guinness flag record in New York

India@80, America@250: Indian diaspora sets Guinness flag record in New York

Rediff.com16 Aug 2026

Celebrations marking India's 80th Independence Day in the New York tri-state area culminated in a world record, with more than 1,300 US flags surrounded by Indian tricolours arranged to form the number "250", in a tribute to America's semiquincentennial anniversary.

'Government Did A U-Turn On Caste Census'

'Government Did A U-Turn On Caste Census'

Rediff.com19 Aug 2026

'They want to sabotage the caste census and bury Muslim backward classes, Hindu backward classes, Sikh backward classes and Buddhist backward classes.'

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

Rediff.com18 Aug 2026

Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.

Planning To Invest In A House? Check Rental Yield

Planning To Invest In A House? Check Rental Yield

Rediff.com20 Aug 2026

Rental yield can indicate whether a property is undervalued, overvalued or fairly valued.

Bihar alcohol ban failed, govt should revoke it: Study

Bihar alcohol ban failed, govt should revoke it: Study

Rediff.com8 Aug 2026

A research paper by the National Council of Applied Economic Research (NCAER) recommends that Bihar revoke its alcohol ban, citing its failure to reduce violence against women and a rise in illicit drug and alcohol consumption. The report suggests that reinstating the liquor excise tax would significantly increase state revenues and decrease enforcement costs.

Shillong violence sparks Assam-Meghalaya road blockade

Shillong violence sparks Assam-Meghalaya road blockade

Rediff.com20 Aug 2026

Traffic between Assam and Meghalaya was disrupted after Guwahati-based cab operators blocked National Highway-27, protesting alleged attacks on people from Assam during a Khasi Students' Union (KSU) rally in Shillong, which saw 31 vehicles damaged and several pedestrians assaulted.

Indian billionaire Lakshmi Mittal's Ukraine steel plant hit in Russian strike, 2 killed

Indian billionaire Lakshmi Mittal's Ukraine steel plant hit in Russian strike, 2 killed

Rediff.com17 Aug 2026

A Russian missile strike on the ArcelorMittal steel plant in Kryvyi Rih, Ukraine, has resulted in two fatalities and 13 injuries. The attack partially disrupted operations at the country's largest steelworks, owned by Indian billionaire Lakshmi Mittal, damaging key energy and blast furnace facilities. Search and rescue efforts are underway, and the extent of the damage is being assessed.

Bihar Prohibition Fails To Curb Crime Against Women

Bihar Prohibition Fails To Curb Crime Against Women

Rediff.com17 Aug 2026

'The prohibition regime has been accompanied by concerns regarding the expansion of the illicit liquor trade, increased enforcement challenges and corruption, and the growing use of alternative intoxicants, including illicit drugs.'

Skoda Bets Big On India With CNG, Diesel and EVs

Skoda Bets Big On India With CNG, Diesel and EVs

Rediff.com19 Aug 2026

Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.

'Crisis In The Economy Started Last Year'

'Crisis In The Economy Started Last Year'

Rediff.com15 Aug 2026

'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'

Why Are Indian IT Firms Cutting H-1B Applications?

Why Are Indian IT Firms Cutting H-1B Applications?

Rediff.com21 Aug 2026

Indian IT companies have significantly reduced their fresh H-1B visa applications for US FY27, a direct consequence of soaring fees imposed by the Trump administration and new lottery system changes that prioritise higher-salaried employees, leading to a seven-year low in registrations.