News for 'World Economy'

Steel prices hiked again amid rising exports

Steel prices hiked again amid rising exports

Rediff.com19 Jan 2026

The imposition of safeguard duty, an uptick in exports, and an increase in input cost are driving steel prices higher. The latest round of price increase took place on Friday, with some steel mills increasing hot-rolled coil (HRC) prices by ~500-750 a tonne, according to price reporting and market intelligence firm BigMint. HRC is a benchmark for flat steel.

The World Is A Dangerous Place

The World Is A Dangerous Place

Rediff.com22 Nov 2025

After Donald Trump became president of the United States, he unleashed economic weaponisation, upsetting the old world order, leading to much unrest. If that wasn't all, the threat of an imminent nuclear war was issued by the US, Russia, China, North Korea and Pakistan. In today's fractious times, Dr Paulos Mar Gregorios would have made a dent, notes His Holiness Baselios Marthoma Mathews III.

9 Countries With The Most Oil

9 Countries With The Most Oil

Rediff.com8 Jan 2026

Where are the most oil reserves in the world? Who owns them? Find out!

Agra Welcomes Home World Cup Hero Deepti

Agra Welcomes Home World Cup Hero Deepti

Rediff.com13 Nov 2025

Agra welcomes home hero Deepti Sharma with 10km roaring roadshow

Modi flags off India's 1st Vande Bharat sleeper train

Modi flags off India's 1st Vande Bharat sleeper train

Rediff.com17 Jan 2026

Developed to meet the growing transportation needs of modern India, the fully AC Vande Bharat sleeper train would offer passengers an "airline-like travel experience at economical fares," a statement issued by the PMO stated.

How SA20 Is Transforming Careers, Lives

How SA20 Is Transforming Careers, Lives

Rediff.com10 Jan 2026

SA20 turns 4: Social healer, job creator and a new lucrative option for players around globe

We have to 'avenge' our painful history: NSA Doval

We have to 'avenge' our painful history: NSA Doval

Rediff.com10 Jan 2026

National Security Advisor Ajit Doval emphasized the need to strengthen India's security across all sectors, including the economy, to address historical vulnerabilities. He highlighted the sacrifices of freedom fighters and the importance of strong leadership.

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.

Even developed nations are removing infiltrators: Modi in Bengal

Even developed nations are removing infiltrators: Modi in Bengal

Rediff.com17 Jan 2026

Prime Minister Narendra Modi accused the TMC government in West Bengal of patronizing infiltration, leading to demographic changes and riots. He reassured refugees and promised action against illegal migration if the BJP comes to power.

How astrologer dad shaped Vaishnavi's cricket dream

How astrologer dad shaped Vaishnavi's cricket dream

Rediff.com9 Jan 2026

Long before Vaishnavi Sharma picked up a cricket ball, she says her future as a cricketer was known to her astrologer father, Narendra Sharma.

'Number Of Jobs Has Increased!'

'Number Of Jobs Has Increased!'

Rediff.com29 Dec 2025

'There are new job roles that are emerging because of AI.'

Women's World Cup: 'The whole country is proud of Deepti'

Women's World Cup: 'The whole country is proud of Deepti'

Rediff.com3 Nov 2025

Deepti Sharma, who finished as the highest wicket-taker with 22 scalps at an economy rate of 5.52 along with scoring 215 runs in nine innings with three fifties, was also adjudged player of the tournament.

Why Hardik Pandya should return to Test cricket

Why Hardik Pandya should return to Test cricket

Rediff.com30 Dec 2025

Pandya has played 11 Test matches for India, scoring 532 runs at an average of 31.29 with a century and four fifties, along with 17 wickets at an average of 31.05 under his belt.

'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.'

Doctors who wrote 'Rx' held RDX in hands: Rajnath on Delhi car blast

Doctors who wrote 'Rx' held RDX in hands: Rajnath on Delhi car blast

Rediff.com2 Jan 2026

Defence Minister Rajnath Singh warns of a rising trend of white-collar terrorism, where highly educated individuals engage in anti-social and anti-national activities. He cited the Red Fort bombing as an example and emphasized the importance of values and ethics in education.

Telangana summit attracts Rs 1.88 trillion investment proposals

Telangana summit attracts Rs 1.88 trillion investment proposals

Rediff.com9 Dec 2025

Investment proposals for around Rs 1.88 trillion through 35 major agreements, spread across deep tech, green energy, and aerospace, were the hallmark moment of the first day of the two-day "Telangana Rising Global Summit", which started on Monday.

'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.'

Why Venezuela Did Not Celebrate Maduro's Fall

Why Venezuela Did Not Celebrate Maduro's Fall

Rediff.com14 Jan 2026

Years of repression and disappearances have taught Venezuelans, the hard way, not to voice either their anger or their joy, observes Radha Roy Biswas who spent her formative years in Venezuela.

'Most Expensive Indian Player Will Be...'

'Most Expensive Indian Player Will Be...'

Rediff.com16 Dec 2025

Overall, in his IPL career, Ravi Bishnoi has picked up 72 wickets in 77 games at an economy rate of 8.21.

Fielding a concern, but India eye series sweep

Fielding a concern, but India eye series sweep

Rediff.com29 Dec 2025

The first three matches were low-scoring affairs, but the fourth T20I was a run-fest, with both India and Sri Lanka registering their highest-ever totals in the format.

Why There's A Music Revolution

Why There's A Music Revolution

Rediff.com3 Jan 2026

With the music industry pushing for growth in the paid subscription segment, Universal Music India anticipates that the Indian market will mature, potentially becoming a highly impactful paid market for music over the next five years.

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.

'Hindu rate of growth' term maligned entire civilisation: Modi

'Hindu rate of growth' term maligned entire civilisation: Modi

Rediff.com6 Dec 2025

"The policy of Macaulay, which sowed the seeds of mental slavery in India, will complete 200 years in 2035. This means there are 10 years left. Therefore, in these very 10 years, we all must come together to free our country from the slave mentality," he said.

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.

World Bank raises India's growth projection to 6.5% for 2025-26

World Bank raises India's growth projection to 6.5% for 2025-26

Rediff.com7 Oct 2025

The World Bank on Tuesday raised India's growth forecast for the current fiscal to 6.5 per cent from 6.3 per cent estimated earlier, and said the country is expected to remain fastest-growing major economy, underpinned by continued strength in consumption growth.

India@79: Rising Economy, Lingering Gaps

India@79: Rising Economy, Lingering Gaps

Rediff.com20 Aug 2025

India is set to become the world's fourth-largest economy in 2025, but slow income growth, lack of structural change, and rising inequality highlight the gap between progress and real transformation.

India Now World's Fourth Largest Economy, Overtakes Japan

India Now World's Fourth Largest Economy, Overtakes Japan

Rediff.com24 May 2025

India has become the world's fourth largest economy, overtaking Japan, according to NITI Aayog CEO B V R Subrahmanyam. He cited IMF data, stating that India's economy is now larger than Japan's, with a USD 4 trillion GDP. Subrahmanyam also highlighted the favorable geopolitical and economic environment for India, predicting that within 2.5-3 years, India will become the third largest economy.

IPL 2026 Auction: 10 Most Expensive Players

IPL 2026 Auction: 10 Most Expensive Players

Rediff.com19 Dec 2025

Kolkata Knight Riders splashed the cash as they spent a record breaking Rs 25.20 to buy Australian all-rounder Cameron Green.

From fear to footfalls: Kashmir tourism's slow return after Pahalgam

From fear to footfalls: Kashmir tourism's slow return after Pahalgam

Rediff.com28 Dec 2025

The Pahalgam attack in Jammu and Kashmir impacted tourism, but recovery efforts are underway with government initiatives and events to promote the region and boost MICE tourism.

'India, Pak, they were going at it': Trump again

'India, Pak, they were going at it': Trump again

Rediff.com10 Dec 2025

Meanwhile, Trump said Cambodia and Thailand have started fighting again and "tomorrow", he will make a phone call to those countries.

Richest 10% Hold 65% of India's Wealth

Richest 10% Hold 65% of India's Wealth

Rediff.com11 Dec 2025

A larger part of India's population was in the middle 40 per cent of the national income share in 1980. Today almost all are in the bottom 50 per cent.

New Zealand opens longer work visas for Indian students

New Zealand opens longer work visas for Indian students

Rediff.com22 Dec 2025

New Zealand has liberalised mobility provisions under the concluded trade pact, enabling Indian students to access longer post-study work visas and allowing 5,000 Indian professionals, including yoga instructors and chefs, to work in the Oceania country.

Is India Standing Alone in 2025?

Is India Standing Alone in 2025?

Rediff.com22 Dec 2025

The 2025 US National Security Strategy marks a major pullback, with America turning backward and effectively allowing China greater dominance in Asia. while long-time partners like India are left to face an increasingly unstable global order largely on their own, observes Rajeev Srinivasan.

How will India's auto industry perform in 2026?

How will India's auto industry perform in 2026?

Rediff.com21 Dec 2025

After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.

How Trump's Rules Are Killing American Tourism

How Trump's Rules Are Killing American Tourism

Rediff.com25 Dec 2025

'America has historically been a magnet for people who aren't from here.' 'That sort of thing -- the promise of opportunity, no matter what that looks like -- doesn't grow on trees.' 'It also happens to be geopolitical gold that Trump is flushing down the toilet,' points out Sree Sreenivasan.

Govt notifies 4 labour codes, rationalises labour laws

Govt notifies 4 labour codes, rationalises labour laws

Rediff.com21 Nov 2025

In a historic decision, the government on Friday announced the implementation of the four Labour Codes, which rationalised 29 existing labour laws, with immediate effect. The four labour codes are -- the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020.

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

India may emerge as second-largest economy by 2038

India may emerge as second-largest economy by 2038

Rediff.com28 Aug 2025

India's economy could reach $20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with $34.2 trillion GDP, an EY report said on Wednesday. The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth.

GIFT City Raises A Glass to Global Business

GIFT City Raises A Glass to Global Business

Rediff.com24 Dec 2025

The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility.

Trump-era H1B fee, tariffs hurt India ties, say US lawmakers

Trump-era H1B fee, tariffs hurt India ties, say US lawmakers

Rediff.com12 Dec 2025

US lawmakers have expressed concerns that policies enacted by the Trump administration, such as the H1B visa fee and tariffs on India, are detrimental to American businesses and threaten the relationship between the United States and India.