News for 'World Economy'

How hosting Euro 2024 could impact the German economy

How hosting Euro 2024 could impact the German economy

Rediff.com14 May 2024

An overview of how the tournament could give it a welcome boost...

India Pursuing FTAs With Mature, Rule-Bound Markets: Jaishankar

India Pursuing FTAs With Mature, Rule-Bound Markets: Jaishankar

Rediff.com27 Jun 2025

'The logic every one of our neighbours must realise is that working with India will give you benefits, and not working with India has a cost.'

'Bureaucrats Resist Meeting Public...'

'Bureaucrats Resist Meeting Public...'

Rediff.com25 Aug 2025

'...as then it brings them closer to the complaints and grievances that the public faces.'

How Obama plans to salvage world economy

How Obama plans to salvage world economy

Rediff.com15 Sep 2009

Those on Wall Street cannot resume taking risks without regard for consequences, and expect that next time, American taxpayers will be there to break their fall.

Shell deepens India market reach through Raj Petro buy

Shell deepens India market reach through Raj Petro buy

Rediff.com4 Jul 2025

Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world's third biggest lubricants market in the world, a top company official said. Shell, which has already invested over $5 billion in India across the energy value chain -- from LNG import terminals and fuel stations to renewable energy and technology centres -- has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from Germany's Brenntag Group.

'India may become biggest natural diamond market'

'India may become biggest natural diamond market'

Rediff.com4 Jun 2025

'That combination of a rising economy, a growing middle class, and a deepening love of diamonds and jewellery is what we see really doubling the market for diamonds over the next five years.'

'US Needs India To Keep China In Check'

'US Needs India To Keep China In Check'

Rediff.com8 Sep 2025

'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'

NDA rallies behind Modi after Trump's 25% tariff on India, slams Oppn

NDA rallies behind Modi after Trump's 25% tariff on India, slams Oppn

Rediff.com31 Jul 2025

The lawmakers slammed opposition leaders over their remarks on the development, alleging that they were "happy" with the US government's move when "everyone" should be standing together in such a situation.

Shami named in Bengal's probables, eyes domestic return

Shami named in Bengal's probables, eyes domestic return

Rediff.com19 Jul 2025

Mohammed Shami, who has been out of action since IPL 2025 and is not part of India's ongoing Test tour of England, was named in Bengal's 50-member list of probables for the upcoming domestic season.

The 25 Books Banned In Kashmir

The 25 Books Banned In Kashmir

Rediff.com8 Aug 2025

Bookstore owners were cautioned against keeping or distributing the books. Police personnel briefed the bookstore owners about the legal consequences of violating the ban.

Sensex jumps 455 points, Nifty tops 25K

Sensex jumps 455 points, Nifty tops 25K

Rediff.com26 May 2025

From the Sensex firms, Mahindra & Mahindra, HCL Tech, Tata Motors, Nestle, ITC, Hindustan Unilever, Larsen & Toubro, and Tech Mahindra were the biggest gainers. In contrast, Eternal, UltraTech Cement, Power Grid, Tata Steel and Kotak Mahindra Bank were among the laggards. Eternal dropped 4.51 per cent.

Shortcuts Won't Build Industrial Capability

Shortcuts Won't Build Industrial Capability

Rediff.com28 Jul 2025

Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.

India's Foreign Policy Needs Strategic Expansion

India's Foreign Policy Needs Strategic Expansion

Rediff.com12 Aug 2025

The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.

Peace is an illusion, India must be prepared: Rajnath Singh

Peace is an illusion, India must be prepared: Rajnath Singh

Rediff.com7 Jul 2025

Defence Minister Rajnath Singh emphasizes the need for India to remain prepared for uncertainty, even during peacetime, and highlights the increasing importance of the defence sector as an economic driver.

Modi arrives in Canada for G7 Summit amid Israel-Iran conflict

Modi arrives in Canada for G7 Summit amid Israel-Iran conflict

Rediff.com17 Jun 2025

The Kananaskis gathering on June 16-17 is the Prime Minister's 6th consecutive participation in the G7 Summit.

RBI's decision to hold rate at 5.5% is misplaced? Or not?

RBI's decision to hold rate at 5.5% is misplaced? Or not?

Rediff.com6 Aug 2025

Mixed views were expressed by top economists on the Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to hold the repo rate at 5.5% and maintain a neutral stance. While some say the decision was as expected and one more rate reduction is expected this fiscal, there is also a view that rate cut by MPC was warranted given the evolving global situation.

Sensex, Nifty end lower on global trade concerns

Sensex, Nifty end lower on global trade concerns

Rediff.com2 Jun 2025

From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.

Need to address de-escalation: Jaishankar in Beijing

Need to address de-escalation: Jaishankar in Beijing

Rediff.com14 Jul 2025

India and China should build on 'good progress' in normalising the bilateral ties to address border-related issues including de-escalation, and it is essential to avoid 'restrictive trade measures and roadblocks', External Affairs Minister S Jaishankar said on Monday during talks with his Chinese counterpart Wang Yi.

'Economy Is Not Creating Enough Jobs'

'Economy Is Not Creating Enough Jobs'

Rediff.com27 May 2024

'The policy focus of the government should have been on creating more good quality jobs but that was not their focus.'

Pak will be brought to its knees for Pahalgam attack: Hardeep Puri

Pak will be brought to its knees for Pahalgam attack: Hardeep Puri

Rediff.com27 Apr 2025

Puri said Pakistan was a country in "terminal decline" periodically using terrorism as an instrument of state policy.

'Trump frustrated with India trade talks, feels 25% tariff will fix issues'

'Trump frustrated with India trade talks, feels 25% tariff will fix issues'

Rediff.com31 Jul 2025

US President Donald Trump expresses frustration with the lack of progress in trade talks with India, imposing a 25% tariff. The move comes amid concerns over trade deficits and India's reliance on Russian military equipment and energy.

One Month Of Trump: The World Is In Shock

One Month Of Trump: The World Is In Shock

Rediff.com20 Feb 2025

The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.

'Have Modi And Trump Fallen Out?'

'Have Modi And Trump Fallen Out?'

Rediff.com20 Aug 2025

'We should watch -- in the near term -- for signs that the two have totally fallen out at a personal, political level.' 'Trump and Modi know how to be dealmakers, but they also know how to hold a grudge.'

BRICS condemns Pahalgam attack, strikes on Iran

BRICS condemns Pahalgam attack, strikes on Iran

Rediff.com7 Jul 2025

The BRICS nations condemned the Pahalgam terror attack, advocated for a zero-tolerance approach to terrorism, and criticized rising tariffs during their summit in Rio de Janeiro. They also addressed global challenges and called for reforms in international institutions.

WTC Final: Smith vs Rabada battle steals the spotlight

WTC Final: Smith vs Rabada battle steals the spotlight

Rediff.com8 Jun 2025

The spotlight in the World Test Championship Final is on the electrifying duel between Australia's batting mainstay Steve Smith and South Africa's pace spearhead Kagiso Rabada.

What's Pushing India-US Ties To Breaking Point?

What's Pushing India-US Ties To Breaking Point?

Rediff.com16 Aug 2025

The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.

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.

India, UK trade deal will unlock thousands of jobs

India, UK trade deal will unlock thousands of jobs

Rediff.com24 Jul 2025

India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around $34 billion annually.

Remittance tax: Cost of sending money home to rise for Indians in US

Remittance tax: Cost of sending money home to rise for Indians in US

Rediff.com17 May 2025

In President Donald Trump's big priority bill, there is a proposal for a 5 percent excise tax on remittance transfers that would cover more than 40 million people, including those holding green cards and H1B visas.

India among top fintech hotspots globally: WEF study

India among top fintech hotspots globally: WEF study

Rediff.com25 Jun 2025

A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. The World Economic Forum study, released at its Annual Meeting of New Champions in China's Tianjin, also said the fintech sector growth is stabilising amid strengthening profitability and inclusion.

How India can become a high-income country by 2047

How India can become a high-income country by 2047

Rediff.com28 Feb 2025

India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.

Why rich Indians are planning to move to Greece or Grenada

Why rich Indians are planning to move to Greece or Grenada

Rediff.com21 Jul 2025

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.

Why rich Indians are planning to move to Greece or Grenada

Why rich Indians are planning to move to Greece or Grenada

Rediff.com21 Jul 2025

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.

India all set to overtake Japan as 4th largest economy by 2025, predicts Amitabh Kant

India all set to overtake Japan as 4th largest economy by 2025, predicts Amitabh Kant

Rediff.com12 May 2024

Citing various macroeconomic parameters that are doing pretty well, India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022.

'Daam Kam, Dum Zyada': Top quotes from Modi's I-Day speech

'Daam Kam, Dum Zyada': Top quotes from Modi's I-Day speech

Rediff.com15 Aug 2025

Prime Minister Narendra Modi addressed the nation on Independence Day, focusing on economic growth, self-reliance, and national security. He emphasized manufacturing quality products at affordable prices, supporting farmers, and combating terrorism and infiltration.

Pakistan launches bitcoin reserve in presence of Trump's sons

Pakistan launches bitcoin reserve in presence of Trump's sons

Rediff.com29 May 2025

In a major initiative, Pakistan has announced the establishment of its first government-backed Strategic Bitcoin reserve as it invited investment in the country's crypto markets.

India whip South Africa, retain women's U-19 T20 World Cup crown

India whip South Africa, retain women's U-19 T20 World Cup crown

Rediff.com2 Feb 2025

Chasing a paltry target of 83, India completed the job with 52 balls to spare, reaching 84 for 1 in 11.2 overs.

The IPL 2025 Dream XI

The IPL 2025 Dream XI

Rediff.com5 Jun 2025

Sai Sudharsan upstaged some of the world's top batters as he topped the run scoring charts, while Prasidh Krishna was the most successful bowler of the season.

Why Short-Sellers Are Key For Balanced Market

Why Short-Sellers Are Key For Balanced Market

Rediff.com25 Jul 2025

When shorts are based on perceived corporate mismanagement or malfeasance, as in cases like Enron and Satyam, they enable the financial system to work efficiently, points out Devangshu Datta.

BCCI slammed for Bumrah blunder

BCCI slammed for Bumrah blunder

Rediff.com27 Jun 2025

'Why let England know what's coming and what's not? Why not keep it under wraps and make them guess?'