News for 'World Economy'

'India's best example is technology': Modi while inviting global investors

'India's best example is technology': Modi while inviting global investors

Rediff.com9 Oct 2025

Prime Minister Narendra Modi on Thursday invited global businesses to participate in the growth story of India, which is the fastest growing large economy of the world.

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

Govt keen to make India's auto sector No.1 globally: Gadkari

Govt keen to make India's auto sector No.1 globally: Gadkari

Rediff.com15 Sep 2025

The government is working to make India's automobile industry number one in the world within five years, Union Minister Nitin Gadkari said on Monday. Inaugurating the 'International Value Summit 2025', Gadkari said the automobile sector pays maximum GST revenue to the government and generates employment opportunities.

Will Bihar Lift The Liquor Ban After Polls?

Will Bihar Lift The Liquor Ban After Polls?

Rediff.com22 Oct 2025

Voters are weighing a stark trade-off -- between preserving a socially driven policy and reversing course to revive revenue, restore fiscal balance, and rein in the underground liquor economy.

'Nothing to hide': Trump makes U-turn on Epstein files

'Nothing to hide': Trump makes U-turn on Epstein files

Rediff.com17 Nov 2025

Trump said the Department of Justice had already released "tens of thousands" of pages linked to Epstein and argued that Democrats were trying to target Republican leaders while ignoring figures such as Bill Clinton and others he named.

Trump raises tariffs on Canada by 10% over TV ad

Trump raises tariffs on Canada by 10% over TV ad

Rediff.com26 Oct 2025

United States President Donald Trump on Sunday raised tariffs on Canada by 10 per cent, over and above the already-imposed tariffs, due to the 'fraudulent' advertisement featuring former President Ronald Reagan that was broadcast during the MLB World Series.

Diwali returns to Maoist-hit regions after decades of unrest: Modi

Diwali returns to Maoist-hit regions after decades of unrest: Modi

Rediff.com18 Oct 2025

Prime Minister Narendra Modi asserted his commitment to eradicating Maoist terror from India, criticizing the previous Congress regime for allegedly supporting 'urban Naxals' and ignoring the violence they perpetrated. He highlighted the significant reduction in Maoist-affected districts and the surrender of numerous Naxalites as evidence of his government's success in combating the issue.

Trump urged to roll back H-1B curbs as US lawmakers flag India ties risk

Trump urged to roll back H-1B curbs as US lawmakers flag India ties risk

Rediff.com1 Nov 2025

US lawmakers have urged President Donald Trump to reconsider his proclamation on H1-B visas, including the USD 100,000 fee, asserting that Indian nationals are central to American leadership in IT and AI, and the restrictions will negatively impact US-India ties.

'Biggest Meltdown In Indian Aviation History'

'Biggest Meltdown In Indian Aviation History'

Rediff.com12 Dec 2025

'It has got to be the biggest error in aviation. If it is the biggest error, then all those individuals in positions of power should be removed because they have caused the biggest meltdown in Indian aviation history.'

'TCS Hiring 2 Bus Loads Of Kids Every Year Won't Happen'

'TCS Hiring 2 Bus Loads Of Kids Every Year Won't Happen'

Rediff.com17 Dec 2025

'4 lakh to 5 lakh people graduating in computer science getting jobs in software companies will not happen.'

India's Cricket Boom Is Just Beginning

India's Cricket Boom Is Just Beginning

Rediff.com9 Oct 2025

'We have just scratched the surface because cricket has been around for the longest time.'

India spent 2.5 bn euro to buy Russian oil in Sep

India spent 2.5 bn euro to buy Russian oil in Sep

Rediff.com16 Oct 2025

India, the world's third-largest oil consumer, spent 2.5 billion euro on buying crude oil from Russia in September, 14 per cent less than the previous month, a European think tank said. India remained the second-largest buyer of Russian fossil fuels in September behind China, according to the Centre for Research on Energy and Clean Air (CREA).

India a bright spot in slowing world economy: IMF

India a bright spot in slowing world economy: IMF

Rediff.com1 Oct 2015

Christine Lagarde said the prospect of rising interest rates in the US and China's slowdown are contributing to uncertainty and higher market volatility.

'Govt Unsure How To Fire Economy Upwards'

'Govt Unsure How To Fire Economy Upwards'

Rediff.com6 Feb 2025

'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'

Trump admin faces lawsuit over H-1B visa fee hike

Trump admin faces lawsuit over H-1B visa fee hike

Rediff.com17 Oct 2025

The US Chamber of Commerce has filed a lawsuit against the Trump administration's decision to impose a USD 100,000 fee on new H-1B visa petitions, arguing it harms American innovation and competitiveness.

Rahul trying to instigate Gen Z with vote theft claim: Rijiju

Rahul trying to instigate Gen Z with vote theft claim: Rijiju

Rediff.com5 Nov 2025

The BJP has dismissed Rahul Gandhi's claims of vote theft in the Haryana Assembly polls as false and baseless, accusing him of defaming India's democracy and questioning the Election Commission to hide his failures.

'After GST cut, innovation will boost life insurance'

'After GST cut, innovation will boost life insurance'

Rediff.com5 Dec 2025

The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a "landmark step" for making insurance affordable and inclusive. In a panel discussion at the Business Standard BFSI Insight Summit 2025, Anup Bagchi, managing director (MD) & chief executive officer (CEO) of ICICI Prudential Life Insurance; Mahesh Balasubramanian, MD & CEO of Kotak Life Insurance; Tarun Chugh, MD & CEO of Bajaj Life Insurance; and Ratnakar Patnaik, MD of Life Insurance Corporation of India (LIC), listed what else the industry needs to reach more people.

M&M, Manulife to form life insurance JV with 7,200 crore investment

M&M, Manulife to form life insurance JV with 7,200 crore investment

Rediff.com14 Nov 2025

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.

Trump cuts tariff on China to 47% after meeting Xi

Trump cuts tariff on China to 47% after meeting Xi

Rediff.com30 Oct 2025

Speaking to reporters aboard Air Force One, Trump stated, "We have a deal," referring to the trade pact which will be routinely extended. "Every year we'll renegotiate the deal, but I think the deal will go on for a long time, long beyond the year. We'll negotiate at the end of the year," he added.

Sri Lanka: Paradiso For Travellers

Sri Lanka: Paradiso For Travellers

Rediff.com25 Nov 2025

Sri Lanka stays with you not just in memory, but gently reminds you what a society can achieve when heart and heritage guide the way.

Op Sindoor an extraordinary show of tri-services synergy: Rajnath

Op Sindoor an extraordinary show of tri-services synergy: Rajnath

Rediff.com23 Oct 2025

Defence Minister Rajnath Singh lauded 'Operation Sindoor' as a prime example of tri-services synergy, emphasizing Pakistan's ongoing recovery from the operation's impact. He highlighted the need for coordinated defense strategies and civil-military fusion to address modern security challenges.

Piyush Goyal urges India Inc to pass on GST benefits to consumers

Piyush Goyal urges India Inc to pass on GST benefits to consumers

Rediff.com4 Sep 2025

Union Commerce and Industry Minister Piyush Goyal on Thursday described the reduction in GST rates as "game-changing" and the "biggest reform" since independence, as he asked the industry to pass on the full benefit to consumers.

Asia Cup: Arshdeep Singh set to create history!

Asia Cup: Arshdeep Singh set to create history!

Rediff.com7 Sep 2025

The left-arm pacer is just one wicket away from becoming the first Indian bowler to claim 100 wickets in T20 Internationals.

Challenges India's economy faces from its rising population

Challenges India's economy faces from its rising population

Rediff.com17 Oct 2024

India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said on Thursday. It said emerging economies have high ambitions for the next decade and beyond with India aiming to become a $30 trillion economy by 2047, from the current $3.6 trillion. India is currently the fifth largest economy.

'If Entrepreneurship Is A Marathon, Then...'

'If Entrepreneurship Is A Marathon, Then...'

Rediff.com17 Nov 2025

'...then preparing oneself for the long haul is also essential.' 'Identifying and holding onto values gives you strength to withstand the difficulties enroute.' 'Taking care of your physical, mental, and intellectual well-being gives you the strength to stay the path.'

Andhra all set for huge investments from Adani Group, Reliance

Andhra all set for huge investments from Adani Group, Reliance

Rediff.com15 Nov 2025

Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.

Modi pushes for 'Swadeshi' amid Trump's tariff tirade

Modi pushes for 'Swadeshi' amid Trump's tariff tirade

Rediff.com2 Aug 2025

'This is not just about Modi saying it, every Indian should say this -- if we want India to become the third-largest economy, every political party and every leader, keeping aside their hesitations, must work in the nation's interest and awaken the spirit of Swadeshi among the people'

Have Climate Summits Lost The Mojo?

Have Climate Summits Lost The Mojo?

Rediff.com8 Nov 2025

How the UN's flagship climate summit lost its direction and what's at stake.

Deepotsav Has Deepened Ayodhya's Aura

Deepotsav Has Deepened Ayodhya's Aura

Rediff.com20 Oct 2025

'Deepotsav aligns with the Adityanath government's vision to enhance Ayodhya's spiritual and cultural grandeur and transform it into a global pilgrimage and tourism hub.'

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

Rediff.com9 Oct 2025

'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'

Abhishek Shines Among The Ruins At MCG

Abhishek Shines Among The Ruins At MCG

Rediff.com1 Nov 2025

Abhishek Sharma waged a lone battle with an entertaining 68 from 37 balls in the second T20I against Australia at MCG on Friday.

'Mamdani's win NYC's answer to right-wing movements'

'Mamdani's win NYC's answer to right-wing movements'

Rediff.com6 Nov 2025

'We should not look at him as a representative of the Indian community, especially now that he is the mayor of New York. What is important is the value he upholds, which are general values that liberals across the world would believe in'

Will Trump Pull The Plug On Russian Oil Sanctions?

Will Trump Pull The Plug On Russian Oil Sanctions?

Rediff.com27 Oct 2025

Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.

AI: '8 Out Of 10 Jobs At Risk'

AI: '8 Out Of 10 Jobs At Risk'

Rediff.com29 Sep 2025

AI will erase outsourcing jobs, redefine skills and disrupt global giants within five years, predicts Vinod Khosla. The IT legend urges young people to become generalists: Adaptable thinkers who can learn quickly, connect dots across disciplines and shift careers as technologies evolve.

Extreme poverty in India falls by over 21%: World Bank

Extreme poverty in India falls by over 21%: World Bank

Rediff.com7 Jun 2025

India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to $3 per day.

Want To Study In The UK? Do It In India

Want To Study In The UK? Do It In India

Rediff.com10 Oct 2025

From Bengaluru to GIFT City, British universities scale up India presence, cementing the UK's lead in global higher education partnerships.

'Sabke boss toh hum hain': Rajnath's jibe at Trump

'Sabke boss toh hum hain': Rajnath's jibe at Trump

Rediff.com10 Aug 2025

The defence minister, without naming anyone, said some people are not liking the rapid development of India and are unable to digest it.

Manmohan Singh's reforms transformed India, unshackled economy: Economists

Manmohan Singh's reforms transformed India, unshackled economy: Economists

Rediff.com27 Dec 2024

Former Prime Minister Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund (IMF) Gita Gopinath said on Friday.

After IMF, now World Bank lowers India's FY26 growth forecast to 6.3%

After IMF, now World Bank lowers India's FY26 growth forecast to 6.3%

Rediff.com23 Apr 2025

The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty. In its previous estimate, the World Bank had projected India's growth at 6.7 per cent for the fiscal year 2025-26.

How the sinking world economy will hit India

How the sinking world economy will hit India

Rediff.com28 Jan 2016

Amid a grim global scenario, India will have to labour hard to hold on to seven per cent growth in 2016-17.