News for 'The Growth and Development'

'Economy May Take 2 To 3 Months To Return To Normal'

'Economy May Take 2 To 3 Months To Return To Normal'

Rediff.com8 Jul 2026

'The real shock is going to be from a deficient monsoon.'

RIL to build Meta's first AI data centre in India

RIL to build Meta's first AI data centre in India

Rediff.com11 Jun 2026

Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.

Junior Women's Hockey Team Gears Up For UK Tour

Junior Women's Hockey Team Gears Up For UK Tour

Rediff.com17 Jun 2026

India's junior women's hockey team is set to embark on a tour of the United Kingdom from July 5 to 14, playing seven matches against various international U-21 teams and Scotland's senior side. This tour, led by new coach Tim White, is crucial for the team's preparation for future competitions and aims to provide valuable international exposure.

IPL Chief Backs Big Bash League's India Debut

IPL Chief Backs Big Bash League's India Debut

Rediff.com15 Jun 2026

IPL chairman Arun Dhumal supports Cricket Australia's decision to host a Big Bash League opener in Chennai, highlighting India's significance as the world's largest cricket market and its role in the sport's global expansion, especially with cricket's inclusion in the Olympics.

The Illusion Of India's 8% Growth

The Illusion Of India's 8% Growth

Rediff.com21 Jan 2026

The key question is how much of the latest growth record represents recovery from the 2020-2021 downturn, and what is the sustainable growth rate now, asks T N Ninan.

L'Oreal signs agreement to acquire majority stake in D2C firm Innovist

L'Oreal signs agreement to acquire majority stake in D2C firm Innovist

Rediff.com19 Jun 2026

L'Oral has announced its acquisition of a majority stake in Innovist, an Indian direct-to-consumer (D2C) personal care company, marking a significant expansion in India's rapidly growing beauty industry.

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Rediff.com14 Jun 2026

Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.

Indian Firms Plan Highest AI Investment Growth in Asia-Pacific: Lenovo Study

Indian Firms Plan Highest AI Investment Growth in Asia-Pacific: Lenovo Study

Rediff.com5 Mar 2026

A Lenovo study reveals that Indian enterprises are planning to increase their investments in Artificial Intelligence (AI) at a higher rate than other countries in the Asia-Pacific region.

Can This Budget Deliver Strategic Growth and Jobs?

Can This Budget Deliver Strategic Growth and Jobs?

Rediff.com31 Jan 2026

India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.

Gold Imports Fall After Duty Hike

Gold Imports Fall After Duty Hike

Rediff.com19 Jun 2026

Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes while recycling of old jewellery has increased following the recent hike in import duties.

Sensex Sees Worst H1 Since 2020

Sensex Sees Worst H1 Since 2020

Rediff.com1 Jul 2026

IT stocks had their worst first half fall in decades, with the Nifty IT index declining 31% in the January-June 2026 period, its biggest decline in the first six months of a calendar year since 2003.

Sahdev Yadav Appointed President Of South Asian Weightlifting Federation

Sahdev Yadav Appointed President Of South Asian Weightlifting Federation

Rediff.com14 May 2026

Sahdev Yadav, President of the Indian Weightlifting Federation, has been unanimously elected as the head of the South Asian Weightlifting Federation (SAWF). He aims to strengthen cooperation and improve weightlifting standards in the region.

Rupee's Internationalisation: RBI Report Highlights Increased Use in Trade

Rupee's Internationalisation: RBI Report Highlights Increased Use in Trade

Rediff.com29 May 2026

The Reserve Bank of India (RBI) has reported a significant increase in the use of the Indian Rupee (INR) for import and export invoicing and settlement, highlighting its growing internationalisation and mutual benefits for trading partners.

India Emerges As A Leader In Digital Economy And AI

India Emerges As A Leader In Digital Economy And AI

Rediff.com29 May 2026

A new report indicates India has become the world's fifth most digitalised economy and ranks fourth globally in AI performance, driven by increasing AI adoption and a strong digital infrastructure.

FPIs withdraw nearly Rs 33,000 crore in May, total outflow crosses Rs 2.25 lakh crore in 2026

FPIs withdraw nearly Rs 33,000 crore in May, total outflow crosses Rs 2.25 lakh crore in 2026

Rediff.com31 May 2026

Foreign Portfolio Investors (FPIs) withdrew nearly Rs 33,000 crore from Indian equities in May, bringing the total outflow for 2026 to Rs 2.25 lakh crore, driven by weak earnings growth, rupee depreciation, and more attractive opportunities in other global markets.

Born in Tamil Nadu, Made for the World: Hyundai to make TN its EV hub

Born in Tamil Nadu, Made for the World: Hyundai to make TN its EV hub

Rediff.com10 Jun 2026

Hyundai Motor India Ltd (HMIL) announced plans to make Tamil Nadu its 'flagship EV hub for India', committing over 26,000 crore in investment, enhancing localisation, and creating approximately 2,000 additional jobs over the next five to six years. The company will roll out two new EV models from its Chennai facility this year, including its first mass-market dedicated EV.

Welfare Spending Pushes Four States Into Red

Welfare Spending Pushes Four States Into Red

Rediff.com26 Jun 2026

Election-related freebies and populist measures are other factors crimping the revenue profile of these states.

Vedanta Aluminium Metal set to be top performer post-demerger

Vedanta Aluminium Metal set to be top performer post-demerger

Rediff.com24 Jun 2026

The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.

The Great Collapse: How India's Big T20 Shake-Up Failed

The Great Collapse: How India's Big T20 Shake-Up Failed

Rediff.com13 Jul 2026

The Indian team, which looked invincible under Suryakumar Yadav, has suddenly hit rock bottom a few months after winning the T20 World Cup.

Sooryavanshi's Next Challenge Isn't Batting, It's Handling the Mind Games

Sooryavanshi's Next Challenge Isn't Batting, It's Handling the Mind Games

Rediff.com17 Jun 2026

As Vaibhav Sooryavanshi's profile continues to soar, experts believe mental conditioning and "situation management" training will be crucial in helping the teenage batting sensation handle sledging, pressure and rising expectations.

West Asia tensions, crude oil, FII activity to dictate market movement

West Asia tensions, crude oil, FII activity to dictate market movement

Rediff.com7 Jun 2026

Analysts predict that developments in West Asia, their impact on crude oil prices, and the trading activity of foreign institutional investors (FIIs) will be crucial factors influencing the Indian stock market this week.

BJP, Nepal's RSP Discuss Gen Z

BJP, Nepal's RSP Discuss Gen Z

Rediff.com3 Jun 2026

'Our discussions focused on the India-Nepal development partnership and people-to-people ties.'

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Rediff.com8 May 2026

Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.

Want To Study At Melbourne University?

Want To Study At Melbourne University?

Rediff.com22 Jun 2026

'We're doing a lot of work around work-integrated learning, providing students with every opportunity to take at least part of their education as a practical work-based experience.'

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

'Doyen of Indian PMs': US, Russia hail Modi on tenure milestone

'Doyen of Indian PMs': US, Russia hail Modi on tenure milestone

Rediff.com11 Jun 2026

US President Donald Trump described Prime Minister Narendra Modi as 'a Great One', while Russia hailed him as the 'doyen of all Indian prime ministers' as world leaders congratulated him on becoming India's longest continuously serving elected representative at the top post.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

L&T bets big on 'digital workers' to overcome manpower challenges in projects

L&T bets big on 'digital workers' to overcome manpower challenges in projects

Rediff.com9 Jun 2026

Larsen & Toubro (L&T) is significantly investing in automation, robotics, and technology-led solutions to scale up its construction activities, as increasing traditional manpower is no longer a viable growth option, according to CFO R Shankar Raman.

NADA Hands Provisional Suspension To Prominent Athletes Over Doping Violations

NADA Hands Provisional Suspension To Prominent Athletes Over Doping Violations

Rediff.com6 Jun 2026

India's National Anti-Doping Agency (NADA) has provisionally suspended 24 athletes across various sports, including cricketer Bhupen Lalwani, weightlifter Ajith Narayana, wrestler Sahil Jaglan, and national record holder runner KM Deeksha, for failing dope tests. The suspensions highlight ongoing challenges with doping in Indian sports.

Delhi to register only e-two-wheelers from April 2028

Delhi to register only e-two-wheelers from April 2028

Rediff.com30 Jun 2026

The Delhi government has approved an ambitious electric vehicle policy that eliminates registration fees and road taxes for EVs priced up to Rs 30 lakh, offers a Rs 1 lakh incentive for purchasing new EVs while scrapping old vehicles, and mandates that only electric two-wheelers can be registered starting April 2028.

SIF Accounts Cross 50,000 Milestone

SIF Accounts Cross 50,000 Milestone

Rediff.com4 Jun 2026

The SIF vertical, which allows MFs to offer complex products to relatively sophisticated investors, has managed to garner scale in just seven months of the launch of the first products.

Shivakumar lauds Siddaramaiah's service to Karnataka

Shivakumar lauds Siddaramaiah's service to Karnataka

Rediff.com29 May 2026

D K Shivakumar expresses gratitude and respect for Siddaramaiah's leadership as Chief Minister of Karnataka, highlighting his contributions to the state's growth and social fabric.

Better execution can push up HAL stock to higher altitude

Better execution can push up HAL stock to higher altitude

Rediff.com27 May 2026

Despite a disappointing Q4 FY26 performance, many analysts remain bullish on Hindustan Aeronautics (HAL) due to its substantial order book and pipeline. However, persistent supply chain issues, particularly for jet engines, and execution challenges are key factors that could impact its future stock performance and revenue growth.

Why Taiwan Is At The Heart Of US-China Rivalry

Why Taiwan Is At The Heart Of US-China Rivalry

Rediff.com29 Jun 2026

For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.

'India a very tough team in their own conditions': Hashmatullah Shahidi

'India a very tough team in their own conditions': Hashmatullah Shahidi

Rediff.com16 Jun 2026

Teams like India do not offer too many chances and Afghanistan must learn to capitalise on the opportunities that come their way, captain Hashmatullah Shahidi said.

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Rediff.com2 Jun 2026

Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.

How India Plans To Boost Its Sports Culture

How India Plans To Boost Its Sports Culture

Rediff.com26 Apr 2026

Sports Minister Mansukh Mandaviya released the Srinagar Khel Sankalp document, outlining a national vision to strengthen sports culture through cooperative federalism, focusing on athlete-centric development and infrastructure expansion.

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Rediff.com22 May 2026

Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.

Fit Hardik Pandya could be India's X-factor at 2027 World Cup: WV Raman

Fit Hardik Pandya could be India's X-factor at 2027 World Cup: WV Raman

Rediff.com20 Jun 2026

Former India coach WV Raman says a fully fit Hardik Pandya could provide India the edge at the 2027 ODI World Cup, highlighting his all-round value while urging the team management to use the next 12-15 months to experiment with combinations and define player roles.

'Growth-inflation data will determine MPC's future actions'

'Growth-inflation data will determine MPC's future actions'

Rediff.com16 Jan 2026

'Economic activity appears to have peaked in the second quarter of FY26, with industrial output, exports, and business confidence all softening from October 2025.'