News for 'World Economy'

'US Wants To Use India To Beat Up China'

'US Wants To Use India To Beat Up China'

Rediff.com10 Apr 2025

'Don't play the American game... India is too big for a US game.'

US again puts India on 'priority watch list' for alleged IP rights' violations

US again puts India on 'priority watch list' for alleged IP rights' violations

Rediff.com29 Apr 2025

The US on Tuesday again placed India on its 'priority watch list' stating that New Delhi remains one of the world's most challenging major economies with respect to protection and enforcement of intellectual property (IP) rights.

Major Milestones Beckon Gill, Siraj, Jadeja at Oval

Major Milestones Beckon Gill, Siraj, Jadeja at Oval

Rediff.com30 Jul 2025

As England and India gear up for the final Test of the fiercely fought five-match series starting at The Oval on Thursday, a number of individuals on either side will be on the cusp of major individual milestones.

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.

Contract windfall likely for Shreyas, Kuldeep, Axar!

Contract windfall likely for Shreyas, Kuldeep, Axar!

Rediff.com18 Apr 2025

Star spinner Kuldeep Yadav and all-rounder Axar Patel are likely to be promoted from Grade B to Grade A in the BCCI central contract list as the parent body is expected to announce the contracts for the 2025-26 season by the end of this week,

IMF lowers India's growth projection to 6.2% for FY26

IMF lowers India's growth projection to 6.2% for FY26

Rediff.com22 Apr 2025

The Indian economy is projected to grow at 6.2 per cent in 2025-26, slower than earlier estimated rate of 6.5 per cent, due to escalated trade tensions and global uncertainty, the International Monetary Fund (IMF) said on Tuesday. "For India, the growth outlook is relatively more stable at 6.2 per cent in 2025, supported by private consumption, particularly in rural areas," IMF said in its World Economic Outlook (WEO).

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

India enters top 100 in this prestigious list for first time

India enters top 100 in this prestigious list for first time

Rediff.com24 Jun 2025

India has for the first time secured a place among the top 100 out of 167 countries ranked for their progress in achieving the Sustainable Development Goals (SDGs), according to a report published on Tuesday. According to the UN Sustainable Development Solutions Network's 10th and latest Sustainable Development Report (SDR), India ranks 99th on the 2025 SDG Index with a score of 67, while China ranks 49th with 74.4 and the US 44th with 75.2 points.

Sitharaman has a message for the fintechs

Sitharaman has a message for the fintechs

Rediff.com19 Jun 2025

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

Not All Need Subsidies: Finance Secy

Not All Need Subsidies: Finance Secy

Rediff.com31 Mar 2025

'If in our cities, all urban bus transport services are free, then the taxpayers are paying for it, or if electricity were to be made free, that's a huge cost to the rest of the people'

'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.

Citi is keen to allocate more global roles to India

Citi is keen to allocate more global roles to India

Rediff.com20 Mar 2025

US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country's strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with CNBC-TV18. Fraser also expressed confidence that India will remain the world's fastest-growing economy.

Hydrogen-run cars get a boost with Hyundai-IITM tieup

Hydrogen-run cars get a boost with Hyundai-IITM tieup

Rediff.com10 Jul 2025

The only other company working on hydrogen cars in India is Toyota Kirloskar Motor.

'Outside India, No One Cares About Your IIT Tag'

'Outside India, No One Cares About Your IIT Tag'

Rediff.com21 May 2025

'Lead with your work, not your degree.'

England suffer huge blow as India look to seal series

England suffer huge blow as India look to seal series

Rediff.com3 Jul 2025

India eye maiden women's T20I series win over England; hosts to miss injured skipper Brunt

Special Ops 2 Review: Dizzyingly Fast

Special Ops 2 Review: Dizzyingly Fast

Rediff.com18 Jul 2025

Special Ops 2 captures the spirit of the modern-day spy thriller and runs with it, observes Deepa Gahlot.

India to be a $30 trillion economy by 2047: Sitharaman

India to be a $30 trillion economy by 2047: Sitharaman

Rediff.com10 Jan 2024

India will become the third largest economy by 2027-28, with a GDP of over $5 trillion, Finance Minister Nirmala Sitharaman said on Wednesday. Even going by conservative estimates, the size of the Indian economy will be $30 trillion by 2047, she noted. "It is possible that we will be the third largest economy by 2027-28, and our GDP will cross $5 trillion by that time. By 2047, it is a conservative estimate that we will reach at least $30 trillion in terms of economy," Sitharaman said at the Vibrant Gujarat summit.

Trade war hit on India likely to be limited: RBI

Trade war hit on India likely to be limited: RBI

Rediff.com23 Apr 2025

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.

RCB's Hazlewood set to return ahead of IPL playoffs

RCB's Hazlewood set to return ahead of IPL playoffs

Rediff.com23 May 2025

Josh Hazlewood is likely to rejoin Royal Challengers Bengaluru ahead of the IPL playoffs, having recovered from a shoulder niggle.

India will become world's third largest economy by 2027-28: Panagariya

India will become world's third largest economy by 2027-28: Panagariya

Rediff.com2 Feb 2023

Eminent economist Arvind Panagariya has said India is on the cusp of returning to a high growth trajectory and voiced confidence that the country will become the world's third-largest economy by 2027-28. Currently, India is the fifth largest economy "so it's another five years.We are already in (the year) 2023. "So 2027-28, India should be the third-largest economy," Panagariya, Columbia University Professor and former Vice Chairman of NITI Aayog, told PTI in an interview in New York.

I was in the room: Jaishankar on Trump's India-Pak truce claim

I was in the room: Jaishankar on Trump's India-Pak truce claim

Rediff.com1 Jul 2025

Jaishankar said that the Pahalgam attack "was an act of economic warfare. It was meant to destroy tourism in Kashmir, which was the mainstay of the economy. It was also meant to provoke religious violence because people were asked to identify their faith before they were killed."

86% CEOs bullish about India's economy in 2024

86% CEOs bullish about India's economy in 2024

Rediff.com17 Jan 2024

Most Indian chief executives are optimistic about the economy and believe it would improve in the coming 12 months, said a survey by consulting and auditing firm PwC on Tuesday. The company's 27th annual global survey polled 4,702 chief executive officers (CEOs) in 105 countries and territories, including 79 in India, from October 2 to November 10, 2023. As many as 86 per cent of CEOs in India - 30 per cent higher than a year ago - are confident that the economy would improve.

Don't find term 'pashu' for animals appropriate: Murmu

Don't find term 'pashu' for animals appropriate: Murmu

Rediff.com30 Jun 2025

Murmu said in the Indian culture, the presence of God is seen in all creatures. "The belief that our Gods and sages communicated with animals is also based on the same philosophy," she said.

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.

India's AI market to triple to $17 billion by 2027: Report

India's AI market to triple to $17 billion by 2027: Report

Rediff.com11 Jun 2025

The Indian AI market is expected to grow to over $17 billion by 2027, more than tripling its current size, driven by increased investments in enterprise technology, a flourishing digital ecosystem, and a strong pool of skilled professionals, according to BCG.

'My Job Is To Be A Facilitator'

'My Job Is To Be A Facilitator'

Rediff.com23 Jun 2025

'My job is to provide people with a bouquet of options they can choose from.'

Bumrah's Back at Lord's. Who's Out?

Bumrah's Back at Lord's. Who's Out?

Rediff.com9 Jul 2025

From Jasprit Bumrah's much-anticipated return to the all-rounder conundrum, the playing XI could very well hold the key to seizing control of this historic series.

What's Trump's Real Game Plan Against India?

What's Trump's Real Game Plan Against India?

Rediff.com1 Aug 2025

By threatening to punish India with high tariff, Trump is actually planting a tantalising thought in the Indian mind that the Modi government should suitably 'incentivise' him, explains Ambassador M K Bhadrakumar.

Modi 3@1: Challenges, Opportunities Ahead

Modi 3@1: Challenges, Opportunities Ahead

Rediff.com9 Jun 2025

There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.

'India is fastest-growing large economy in the world'

'India is fastest-growing large economy in the world'

Rediff.com23 Jun 2023

'India has formed tremendous resilience and still a strong growth.'

Indian economy witnessed profound positive transformation in last 10 years: FM

Indian economy witnessed profound positive transformation in last 10 years: FM

Rediff.com1 Feb 2024

Structural reforms, pro-people programmes and employment opportunities helped the economy get new vigour, the finance minister said. After contracting by 5.8 per cent in 2020-21, the economy recorded a growth of 9.1 per cent in 2021-22.

Busted Pakistani propaganda among OIC nations: Shrikant Shinde

Busted Pakistani propaganda among OIC nations: Shrikant Shinde

Rediff.com5 Jun 2025

India succeeded in busting the Pakistani narrative on Operation Sindoor, particularly among the Organisation of Islamic Conference (OIC) member nations, where Islamabad sought succour after carrying out terror activities across the border, Shiv Sena leader Shrikant Shinde said.

Dukes boss hits back at ball criticism in Lord's Test

Dukes boss hits back at ball criticism in Lord's Test

Rediff.com12 Jul 2025

'The players can criticise my cricket ball. Can I criticise them for the bad shot or the bad ball? Long hop. You know what I mean? You've got to be sensible.'

Amitabh Kant resigns as G20 Sherpa, to begin new chapter

Amitabh Kant resigns as G20 Sherpa, to begin new chapter

Rediff.com16 Jun 2025

Kant, a retired 1980-batch Indian Administrative Service (IAS) officer of Kerala cadre, was appointed as India's G20 Sherpa in July 2022, months before India assumed the G20 Presidency.

How Will Trump's Tariff Threat Affect India?

How Will Trump's Tariff Threat Affect India?

Rediff.com19 Mar 2025

Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.

India's $100 Bn Gambling Black Hole

India's $100 Bn Gambling Black Hole

Rediff.com11 Jun 2025

'The larger and more opaque this shadow economy becomes, especially online, the greater the risk to India's national security.'

Sensex gains 320 points; Nifty ends above 24K

Sensex gains 320 points; Nifty ends above 24K

Rediff.com29 May 2025

Benchmark stock indices Sensex and Nifty rebounded on Thursday after two days of decline, mirroring a rally in global markets as a US court blocked President Donald Trump's reciprocal tariffs. The 30-share BSE Sensex climbed 320.70 points or 0.39 per cent to settle at 81,633.02.

India to be fastest-growing economy, says Kumar Mangalam Birla

India to be fastest-growing economy, says Kumar Mangalam Birla

Rediff.com25 Jul 2022

India is poised to be the fastest-growing major economy in the world and an engine of global growth despite global headwinds, says leading industrialist and Aditya Birla Group Chairman Kumar Mangalam Birla. The economic activity in India has witnessed a sharp recovery to pre-pandemic levels on the back of a rapid and widespread rollout of the vaccination programme, Birla said in the latest annual report of UltraTech Cement Ltd. "A strong digital ecosystem, fiscal and monetary policy and various government schemes helped small and medium enterprises and the worst affected sections of the population to survive while reviving demand and bringing the economy back on track," said Birla while addressing UltraTech's shareholders.

Waiting In The Wings: The Creator Economy

Waiting In The Wings: The Creator Economy

Rediff.com14 Dec 2023

...current industry models will soon fade out, notes Ajit Balakrishnan.