News for 'World Economy'

India, US have finalised terms of reference for trade deal: USTR

India, US have finalised terms of reference for trade deal: USTR

Rediff.com22 Apr 2025

India and the US have finalised the terms of reference outlining the roadmap for negotiations of the proposed Bilateral Trade Agreement (BTA), according to a statement issued by the US. US Trade Representative (USTR) Jamieson Greer said that these ongoing talks will help achieve balance and reciprocity by opening new markets for American goods and addressing unfair practices that harm US workers.

How Tamil Nadu Is Becoming A Global Hub

How Tamil Nadu Is Becoming A Global Hub

Rediff.com2 Apr 2025

After Chennai, it is Coimbatore, Madurai, and Tiruchirappalli, that are emerging as manufacturing hubs. Coimbatore is India's top Tier-II city in terms of the number of GCCs, according to a report by Cushman & Wakefield.

Harvard's 788 Indian Students: What Next?

Harvard's 788 Indian Students: What Next?

Rediff.com23 May 2025

The Trump administration has revoked Harvard University's eligibility to enrol foreign students, raising concerns over the legal status of thousands of students, including nearly 800 from India, currently enrolled at the varsity.

Zampa joins elite company in T20 World Cup history

Zampa joins elite company in T20 World Cup history

Rediff.com12 Jun 2024

Adam Zampa surpassed pacer Mitchell Starc to become the country's leading wicket-taker in ICC T20 World Cup history.

'Nothing Wrong If We Rewrite The Constitution'

'Nothing Wrong If We Rewrite The Constitution'

Rediff.com20 May 2025

'The time has come to have a relook at the Constitution as every document has a shelf life.'

U-19 WC star Trisha nominated for ICC Player of Month award

U-19 WC star Trisha nominated for ICC Player of Month award

Rediff.com6 Feb 2025

Gongadi Trisha was the player of the ICC women's Under-19 T20 World Cup, scoring 309 runs, including a hundred, while picking up seven wickets.

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.

Can China Successfully Challenge The US?

Can China Successfully Challenge The US?

Rediff.com16 Apr 2025

If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.

QS Rankings: 9 Indian Unis Make It To The Top 50

QS Rankings: 9 Indian Unis Make It To The Top 50

Rediff.com13 Mar 2025

Nine Indian universities and institutions have secured a place among the world's top 50 in the QS subject-wise rankings, with the Indian School of Mines (ISM) Dhanbad claiming the highest position at 20th globally for Engineering-Mineral and Mining. Despite the success, some top institutions, including three IITs, two IIMs and JNU, have experienced a drop in their rankings. The QS World University Rankings by Subject, in its 15th edition, highlight India's growing higher education ecosystem in terms of both size and quality.

Traditional ties with US are over: Canadian PM's big remark

Traditional ties with US are over: Canadian PM's big remark

Rediff.com28 Mar 2025

In a dramatic shift in Canada's foreign policy, Prime Minister Mark Carney on Thursday declared that the long-standing economic and security relationship between Canada and the United States has ended, responding to US President Donald Trump's announcement of new auto tariffs that could severely impact Canada's economy, Politico reported.

33 Years Before India Turns 'Old'

33 Years Before India Turns 'Old'

Rediff.com15 Jan 2025

'India is aging faster than many realise.'

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

Rediff.com8 Apr 2025

'My advice: Don't mark your portfolio to market every day. Focus on survival.'

Prasidh Dazzles, Rashid Roars Back

Prasidh Dazzles, Rashid Roars Back

Rediff.com10 Apr 2025

Prasidh Krishna has emerged as a key weapon for Gujarat Titans -- especially in the middle overs, where his extra pace and bounce have rattled batters.

From Private Chefs to Jungle Bubbles

From Private Chefs to Jungle Bubbles

Rediff.com14 Apr 2025

From high-end villas with private sommeliers to exclusive showcases at cultural centres to private sessions with Michelin-starred chefs and celebrities, hotel chains are pulling out all the stops

'India can emerge as key player in global supply chain'

'India can emerge as key player in global supply chain'

Rediff.com15 Feb 2025

'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'

Hamilton has full faith in Ferrari after China debacle

Hamilton has full faith in Ferrari after China debacle

Rediff.com3 Apr 2025

Lewis Hamilton has expressed his total confidence in Ferrari after the Italian Formula One team's double disqualification in China.

Why Kuldeep is fascinated by Noor's fast-paced googly

Why Kuldeep is fascinated by Noor's fast-paced googly

Rediff.com4 Apr 2025

Kuldeep and Noor have been in good form for their respective teams and a lot will hinge on them when Delhi Capitals take on Chennai Super Kings in an away game in Chennai on Saturday.

Zetwerk Manufacturing plans IPO in 15-24 months, aims to raise $500 million

Zetwerk Manufacturing plans IPO in 15-24 months, aims to raise $500 million

Rediff.com17 Mar 2025

Zetwerk Manufacturing, a $3.1 billion company in the contract manufacturing space, is planning to come up with an initial public offering within the next 15-24 months, a top company executive said on Saturday. The Bengaluru-based company aims to raise at least $500 million, targeting a valuation of around $5 billion.

With Rajasthan Royals' backing, Archer redeems himself

With Rajasthan Royals' backing, Archer redeems himself

Rediff.com6 Apr 2025

'We always knew, Jofra is a world-class bowler and the scale he brings to the table or into the game is totally different and I think very few can bring that.'

'The Ceasefire Is A Band-Aid Solution'

'The Ceasefire Is A Band-Aid Solution'

Rediff.com14 May 2025

'It brings precarious peace because the red lines have shifted. 'The next Pahalgam attack would mean a full scale war.'

T20 World Cup: 12 Bowlers To Watch Our For

T20 World Cup: 12 Bowlers To Watch Our For

Rediff.com3 Jun 2024

The T20 World Cup 2024 promises to be a tournament dominated by bowlers, particularly spinners.

India maintains high import duty on American goods: US report

India maintains high import duty on American goods: US report

Rediff.com1 Apr 2025

India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.

Rohit faces DC spin test as MI eye winning ways

Rohit faces DC spin test as MI eye winning ways

Rediff.com12 Apr 2025

An out of sorts Rohit Sharma will strive to keep himself relevant going forward in the Indian Premier League when he is challenged by Delhi Capitals' effective troika of spinners in Mumbai Indians' next match in Delhi on Sunday.

Modi wants G20 to draw inspiration from 'vibrancy of Indian economy'

Modi wants G20 to draw inspiration from 'vibrancy of Indian economy'

Rediff.com24 Feb 2023

Prime Minister Narendra Modi on Friday expressed hope that G20 will draw inspiration from the vibrancy of the Indian economy and work towards bringing back stability, confidence and growth on the global landscape.

Trump's Election Should Worry The World

Trump's Election Should Worry The World

Rediff.com6 Nov 2024

'There are ominous portents of an isolationist administration not only building a physical wall to the south to prevent unwanted immigrants from entering the land of milk and honey, but also trade walls not just against China, but all nations,' foresees Sreekant Sambrani.

Shippers rush to reach American shores amid 90-day tariff pause

Shippers rush to reach American shores amid 90-day tariff pause

Rediff.com21 Apr 2025

After US President Donald Trump announced a 90-day tariff pause for several nations, including India, global manufacturers are in a rush to ensure that bulk of their goods reach the US during this window. "The 90-day suspension of tariffs will be welcomed by shippers, but it should not be a cause for celebration.

Why India Needs Trump's Tariffs To Reform Again

Why India Needs Trump's Tariffs To Reform Again

Rediff.com10 Apr 2025

India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.

Why The South Is Worried About Delimitation

Why The South Is Worried About Delimitation

Rediff.com28 Feb 2025

'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.

'We Have Shown The Ability To Hit But Also To Stop'

'We Have Shown The Ability To Hit But Also To Stop'

Rediff.com16 May 2025

'We do not want to fall into a trap of uncontrolled escalation or all out conflict.' 'When the need arises we will do that.'

Cricket in Olympics? Nita Ambani's pitch that made it happen

Cricket in Olympics? Nita Ambani's pitch that made it happen

Rediff.com17 Feb 2025

Nita Ambani, IOC member and Reliance Foundation Chairperson, celebrated cricket's return to the Olympics at the 2028 Los Angeles Games.

Axar Patel to lead Delhi Capitals in IPL 2025

Axar Patel to lead Delhi Capitals in IPL 2025

Rediff.com14 Mar 2025

In the 82 matches he has donned the red and blue of the Capitals, Patel scored 967 runs and picked up 62 wickets, at an impressive economy of 7.09.

How India can become a high-income country

How India can become a high-income country

Rediff.com20 Feb 2025

For India to transform into a high-income country with a projected gross domestic product (GDP) of $23-35 trillion, will need a sustained annual growth of 8 per cent to 10 per cent. This will be powered by India's demographic dividend, technological innovation, and sectoral transformation, according to the "India@2047: Transforming India Into A Tech-Driven Economy" report by Bain & Company and Nasscom. By 2047, the services sector is expected to contribute 60 per cent of India's GDP, while manufacturing will account for 32 per cent, both playing a pivotal role in economic expansion.

Leaders, Heed The 11-Year Rule!

Leaders, Heed The 11-Year Rule!

Rediff.com20 Mar 2025

There is a reason this 11 year phenomenon is a rule as much as it is an observation. It speaks to the nature of man and what humans are like, explains Aakar Patel.

Yogi rewards 75K cops with Rs 10K bonus, leave for Kumbh service

Yogi rewards 75K cops with Rs 10K bonus, leave for Kumbh service

Rediff.com28 Feb 2025

The Uttar Pradesh government has announced a special Rs 10,000 bonus and the 'Maha Kumbh Seva Medal' for 75,000 police personnel who served during the Maha Kumbh in Prayagraj. Chief Minister Yogi Adityanath praised the police force's efforts in managing the grand religious event, highlighting the event's economic impact and the transformation of the UP Police into a "Mitra Police." He also emphasized the state government's commitment to police welfare and infrastructure development, citing increased recruitment and budget allocation.

Growth in India slowed more than expected: IMF

Growth in India slowed more than expected: IMF

Rediff.com17 Jan 2025

Led by a sharper-than-expected deceleration in industrial activity, economic growth in India slowed more than anticipated and is projected to remain at 6.5 per cent till 2026, the International Monetary Fund said on Friday. "Growth in India slowed more than expected, led by a sharper-than-expected deceleration in industrial activity," the IMF said in its latest update of the World Economic Outlook, according to which the global economy is holding steady. In 2023, India's growth rate was 8.2 per cent, which dropped to 6.5 per cent in 2024.

Trump threatens additional 50% tariffs on China as markets crash

Trump threatens additional 50% tariffs on China as markets crash

Rediff.com7 Apr 2025

United States President Donald Trump on Sunday warned of new and significantly higher tariffs on Chinese goods if Beijing does not withdraw a recent 34 per cent retaliatory tariff hike, threatening to end all ongoing talks with China.

First part of Budget Session ends with heated debates

First part of Budget Session ends with heated debates

Rediff.com14 Feb 2025

The deportation of Indians from the United States, deaths in the Maha Kumbh stampede and the joint Parliamentary committee report on the Waqf bill were among the issues that led to heated exchanges and some disruptions in an otherwise smooth first part of the Budget session that ended on Thursday.

Bulls prowl D-Street; Sensex surges 1,089 points

Bulls prowl D-Street; Sensex surges 1,089 points

Rediff.com8 Apr 2025

All Sensex firms, except Power Grid, ended in the positive territory. Titan, Bajaj Finance, State Bank of India, Larsen & Toubro, Axis Bank, Bajaj Finserv, Asian Paints and Zomato were the biggest gainers.

Calamities make world economy poorer by $50 bn

Calamities make world economy poorer by $50 bn

Rediff.com30 Dec 2009

It is not just the financial turmoil that consumed billions of dollars but also natural catastrophe, and such disastrous incidents resulting in global economic losses to the tune of $50 billion this year.

Trump 2.0: Tough Navigation Lies Ahead For India

Trump 2.0: Tough Navigation Lies Ahead For India

Rediff.com12 Feb 2025

'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.