News for 'The Economic Times'

India's imports of Russian oil under spotlight after Trump tariffs

India's imports of Russian oil under spotlight after Trump tariffs

Rediff.com31 Jul 2025

From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.

China, Pak listening, Jaishankar reminds SCO of its '3 evils' pitch

China, Pak listening, Jaishankar reminds SCO of its '3 evils' pitch

Rediff.com15 Jul 2025

Jaishankar said the UN Security Council condemned the attack and underlined the need to hold perpetrators, organisers, financiers and sponsors of the reprehensible act and bring them to justice.

'Retail losses in derivatives is a concern'

'Retail losses in derivatives is a concern'

Rediff.com5 Aug 2025

'Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable.'

Infy Defies Layoff Trend: 20K Jobs In '25

Infy Defies Layoff Trend: 20K Jobs In '25

Rediff.com30 Jul 2025

Infosys commits to hiring 20,000 graduates amid industry-wide layoffs and uncertainty.

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Rediff.com18 Jul 2025

In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment.

The Teen Who Built A Tax Education Game

The Teen Who Built A Tax Education Game

Rediff.com5 Aug 2025

Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.

Auto industry turns on heat over ICE ban, wants ban deferred

Auto industry turns on heat over ICE ban, wants ban deferred

Rediff.com18 Jul 2025

Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain.

Modi announces Rs 4,850 crore Line of Credit to Maldives

Modi announces Rs 4,850 crore Line of Credit to Maldives

Rediff.com25 Jul 2025

Prime Minister Narendra Modi and Maldivian President Mohamed Muizzu held talks focusing on trade, defence, and infrastructure cooperation, signaling a turnaround in relations after a period of strain.

Vice President Dhankhar Resigns Citing Medical Reasons

Vice President Dhankhar Resigns Citing Medical Reasons

Rediff.com22 Jul 2025

Vice President Dhankhar had in March this year undergone an angioplasty at the All India Institute of Medical Sciences, Delhi.

ED's chargesheet in land deal first to name Vadra in criminal case

ED's chargesheet in land deal first to name Vadra in criminal case

Rediff.com17 Jul 2025

The Enforcement Directorate (ED) has filed a charge sheet against Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, in a money laundering case related to a land deal in Haryana's Shikohpur. The ED has also attached properties worth Rs. 37.64 crore linked to Vadra.

Realty market saw land deals worth Rs 31,000 cr in H1 2025: Anarock

Realty market saw land deals worth Rs 31,000 cr in H1 2025: Anarock

Rediff.com16 Jul 2025

At least 2,900 acres of land deals, with a market value of Rs 31,000 crore, were transacted in the Indian realty market during the first six months of 2025 (H1 2025), according to a report by real estate analytics firm Anarock. These deals include both outright transactions as well as joint development agreements between realtors and landowners.

Pakistan staring at another military coup?

Pakistan staring at another military coup?

Rediff.com16 Jul 2025

Speculation swirls in Pakistan regarding potential changes in the political landscape, fueled by rumors of the army chief's possible presidential aspirations and discussions between top civilian and military leaders.

Why Trump Turned on India, Embraced Pakistan

Why Trump Turned on India, Embraced Pakistan

Rediff.com6 Aug 2025

Trump's new rules for how countries should treat him have led to the current breakdown in India-US relations, explains Ambassador T P Sreenivasan.

Quad's Mineral Mission: PM Eyes Latin American Deals

Quad's Mineral Mission: PM Eyes Latin American Deals

Rediff.com3 Jul 2025

Increasing cooperation in critical minerals will top Prime Minister Modi's agenda during his discussions with leaders of Ghana, Argentinia, Brazil and Namibia.

US To Indian Students: You Can Lose Your Visa If...

US To Indian Students: You Can Lose Your Visa If...

Rediff.com27 May 2025

'Violating the terms of your student visa can result in revocation, deportation and even long-term ineligibility for future US visas,' says the US embassy in India.

Khelo Bharat Niti aims at reshaping sporting landscape

Khelo Bharat Niti aims at reshaping sporting landscape

Rediff.com1 Jul 2025

Cabinet approves Khelo Bharat Niti, says it will bring India into top-5 of world sports

Trump@6 Months: Resetting The Global Order

Trump@6 Months: Resetting The Global Order

Rediff.com30 Jul 2025

In the short run, the Trump presidency has already ensured one thing: The assumptions of the past can no longer guide the strategies of the future, points out Manish Dabhade.

Shibu Soren cremated with state honors in native village

Shibu Soren cremated with state honors in native village

Rediff.com5 Aug 2025

Former Jharkhand Chief Minister Shibu Soren, a towering figure in the state's tribal movement, was cremated with full state honors in his native village of Nemra. Thousands gathered to pay their respects to the 'Dishom Guru,' including political leaders and villagers.

India slips to 131st position in Global Gender Gap Index

India slips to 131st position in Global Gender Gap Index

Rediff.com12 Jun 2025

India has ranked 131 out of 148 countries in the World Economic Forum's Global Gender Gap Report 2025, slipping two places from its position last year.

'Howdy Modi meant nothing': Oppn mocks PM after Trump's 25% tariff

'Howdy Modi meant nothing': Oppn mocks PM after Trump's 25% tariff

Rediff.com30 Jul 2025

Congress general secretary Jairam Ramesh said Modi should take inspiration from former prime minister Indira Gandhi and stand up to the president of the United States.

'Pakistan Could Be Planning Something Against India'

'Pakistan Could Be Planning Something Against India'

Rediff.com11 Aug 2025

'We need to be very vigilant as we are passing through some fraught times.'

China's mineral curbs a wake-up call for India: GTRI

China's mineral curbs a wake-up call for India: GTRI

Rediff.com4 Jul 2025

China's export curbs on critical minerals crucial for India's electronics sectors are no longer mere warnings but a wake-up call for New Delhi, underscoring the need for urgent measures like reverse-engineering of low- to mid-tech imports to cut overreliance on Beijing, think tank GTRI said on Thursday.

Manmohan Singh dropped pre-medical, pursued economics: Daughter's book

Manmohan Singh dropped pre-medical, pursued economics: Daughter's book

Rediff.com26 Dec 2024

Former Indian Prime Minister Manmohan Singh, who died at the age of 92, dropped out of a pre-medical course after losing interest in the subject, according to a book by his daughter. Daman Singh's book "Strictly Personal: Manmohan and Gursharan" reveals that her father was initially interested in medicine but found economics more appealing. She also portrays Singh as a funny man with a good sense of humor.

'China, Pakistan Will Try To Turn Bangladesh Against India'

'China, Pakistan Will Try To Turn Bangladesh Against India'

Rediff.com7 Aug 2025

'Pakistan will also try to turn Bangladesh into a base for terrorist attacks on India.'

Brahmos was instrumental in Operation Sindoor: Rajnath

Brahmos was instrumental in Operation Sindoor: Rajnath

Rediff.com13 Jul 2025

Defence Minister Rajnath Singh on Sunday said that the Brahmos missile proved instrumental in Operation Sindoor and since then, more than a dozen countries have expressed interest in it.

CBI repatriation rate doubles, brings back 134 over 5 years

CBI repatriation rate doubles, brings back 134 over 5 years

Rediff.com17 Jul 2025

The CBI has significantly increased the rate of fugitive repatriation, bringing back 134 individuals in the last five years, doubling the number from the previous decade. This success is attributed to enhanced diplomatic efforts, technological advancements, and improved coordination with Interpol.

'Impact Of War On India Could Be Dramatic'

'Impact Of War On India Could Be Dramatic'

Rediff.com30 Jun 2025

'With the US having entered the war, raising the risks of a wider conflict, those impacts could be even more damaging.'

Himachal: 2 brothers marry same woman as per tribal tradition

Himachal: 2 brothers marry same woman as per tribal tradition

Rediff.com20 Jul 2025

Two brothers from the Hatti tribe in Himachal Pradesh married one woman in a traditional polyandry ceremony, a practice still observed in some tribal communities to preserve land and family unity.

India Must Be Ready For Next War With Pakistan

India Must Be Ready For Next War With Pakistan

Rediff.com15 Jul 2025

India has to fill in all the critical gaps in missiles, ammunition, sensors and stockpile in the fastest possible manner, focusing on the critical instruments that worked this time, asserts Shekhar Gupta.

NBFCs' share of stressed assets rose to 5.9% in March: RBI report

NBFCs' share of stressed assets rose to 5.9% in March: RBI report

Rediff.com1 Jul 2025

Asset quality within the non-banking financial sector (NBFCs) deteriorated with the share of stressed assets rising to 5.9 per cent in March 2025 from 3.9 per cent in September 2024, according to the Reserve Bank of India's Financial Stability Report (FSR). Slippage ratios among upper layer NBFCs have been rising, along with an upward trend in loan write-offs.

How AI Will Disrupt The Job Market: Should India Worry?

How AI Will Disrupt The Job Market: Should India Worry?

Rediff.com25 Jun 2025

Despite the alarming figures on job displacement, AI is expected to generate millions of new roles, echoing historical trends of technological transformation.

India's net direct tax receipts down 1.3%, corporate taxes slip 3.7%

India's net direct tax receipts down 1.3%, corporate taxes slip 3.7%

Rediff.com12 Jul 2025

India's net direct tax collections contracted 1.3 per cent to about 5.63 trillion as of July 10, with corporate taxes dropping 3.7 per cent and non-corporate taxes recording a fractional 0.04 per cent contraction, Income Tax department data released on Friday revealed.

Are There Infiltrators On Bihar's Voter Lists?

Are There Infiltrators On Bihar's Voter Lists?

Rediff.com16 Jul 2025

'If this is true, the Election Commission should come forward with data and officially confirm it.'

Be Prepared For Another War!

Be Prepared For Another War!

Rediff.com18 Jul 2025

India needs to be technologically and militarily prepared to defend itself from both Pakistan and China, alerts Ramesh Menon.

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

Rediff.com14 Jul 2025

64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.

'Every Citizen Will Become A Doubtful Voter'

'Every Citizen Will Become A Doubtful Voter'

Rediff.com28 Jul 2025

'Today, the State looks at everyone with suspicion.'

'Economics Nobel' for research into prosperity of nations

'Economics Nobel' for research into prosperity of nations

Rediff.com14 Oct 2024

The Royal Swedish Academy of Sciences on Monday has decided to award the 2024 Nobel Prize also known as the Sveriges Riksbank Prize in Economic Sciences to Daron Acemoglu, Simon Johnson and James A Robinson 'for studies of how institutions are formed and affect prosperity'.

'After Quit India, There Could Be No Retreat'

'After Quit India, There Could Be No Retreat'

Rediff.com9 Aug 2025

On the 83rd anniversary of the Quit India movement, Utkarsh Mishra recalls the conditions under which the Congress, led by Mahatma Gandhi, launched the final struggle for independence.

Sensex rises 317 pts on gains in auto, pharma shares

Sensex rises 317 pts on gains in auto, pharma shares

Rediff.com15 Jul 2025

Stock markets snapped the four-day falling streak on Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBI's comfort zone. The 30-share BSE Sensex climbed 317.45 points or 0.39 per cent to settle at 82,570.91. During the day, it jumped 490.16 points or 0.59 per cent to 82,743.62. The 50-share NSE Nifty edged higher by 113.50 points or 0.45 per cent to 25,195.80.

'India Is Becoming Super India And Bharat Is Becoming Like Somalia'

'India Is Becoming Super India And Bharat Is Becoming Like Somalia'

Rediff.com8 Jul 2025

'The government's priority is not farmers.'