News for 'austerity'

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

Netas Walk Modi's Talk On Austerity

Netas Walk Modi's Talk On Austerity

Rediff.com20 May 2026

In response to Prime Minister Narendra Modi's call for austerity, political leaders are reducing convoys and promoting public transport to conserve fuel.

Fadnavis rides motorcycle to work after Modi's austerity call

Fadnavis rides motorcycle to work after Modi's austerity call

Rediff.com14 May 2026

Maharashtra Chief Minister Devendra Fadnavis rode a motorcycle to work following Prime Minister Modi's appeal to cut down fuel consumption amid the ongoing conflict in West Asia.

Avoid destination weddings, prefer online classes: Modi continues austerity push

Avoid destination weddings, prefer online classes: Modi continues austerity push

Rediff.com11 May 2026

Prime Minister Narendra Modi has appealed to citizens to adopt austerity measures, including avoiding destination weddings abroad and reducing edible oil consumption, to mitigate the impact of the West Asia crisis on India's economy.

Why didn't austerity wisdom emerge during election campaigns?: Raj Thackeray blasts Modi

Why didn't austerity wisdom emerge during election campaigns?: Raj Thackeray blasts Modi

Rediff.com12 May 2026

MNS president Raj Thackeray questions the fuel consumption during recent election campaigns, asking if austerity measures are only meant for the common people.

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Rediff.com11 May 2026

Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com5 days ago

Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

Rediff.com14 May 2026

The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.

Modi trims convoy to save fuel, pushes EV use; guvs, BJP CMs follow suit

Modi trims convoy to save fuel, pushes EV use; guvs, BJP CMs follow suit

Rediff.com13 May 2026

A downsizing in the prime minister's convoy was implemented in his recent domestic visits, official sources said.

Maharashtra Minister Accuses AIMIM Leader Over Shelter To Accused

Maharashtra Minister Accuses AIMIM Leader Over Shelter To Accused

Rediff.com12 May 2026

Maharashtra minister Sanjay Shirsat has accused AIMIM corporator Matin Patel of double standards for allegedly harbouring Nida Khan, who is accused in a Nashik TCS sexual harassment and forced conversion case.

Gold import duty hike to spur grey market, smuggling, say exporters

Gold import duty hike to spur grey market, smuggling, say exporters

Rediff.com13 May 2026

The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.

Why An MP Was Booked For Calling Modi 'Anti-National'

Why An MP Was Booked For Calling Modi 'Anti-National'

Rediff.com12 May 2026

Samajwadi Party MP Ajendra Singh Lodhi has been booked in Mahoba for allegedly assaulting a public official and promoting hate speech after referring to Prime Minister Narendra Modi as 'anti-national'. The BJP is staging protests across Uttar Pradesh in response to the remarks.

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Rediff.com12 May 2026

Indian investors have seen their wealth erode by a staggering Rs 16.77 lakh crore over four trading sessions, as the markets faced deep losses driven by elevated crude oil prices, geopolitical tensions, persistent foreign fund outflows, and a record-low rupee.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com12 May 2026

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com12 May 2026

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com19 May 2026

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

India restricts gold imports to 100 kg under Advance Authorisation scheme

India restricts gold imports to 100 kg under Advance Authorisation scheme

Rediff.com14 May 2026

India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.

Govt raises import duty on gold, silver after PM's appeal

Govt raises import duty on gold, silver after PM's appeal

Rediff.com13 May 2026

The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.

'If people don't buy gold...': Jewellers protest against PM's appeal

'If people don't buy gold...': Jewellers protest against PM's appeal

Rediff.com12 May 2026

Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

Kerala CM row: Satheesan meets sulking Chennithala; UDF begins govt talks

Kerala CM row: Satheesan meets sulking Chennithala; UDF begins govt talks

Rediff.com15 May 2026

Kerala's Chief Minister-designate V D Satheesan visited senior Congress leader Ramesh Chennithala, emphasising their close relationship and seeking blessings for his new role.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com15 May 2026

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com18 May 2026

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Rediff.com12 May 2026

John Abraham's 1986 film Amma Ariyan, now heading to the 2026 Cannes film festival, remains one of Malayalam cinema's most politically charged and unsettling masterpieces.

Pakistan Super League introduces new team selection rule to tackle dew factor

Pakistan Super League introduces new team selection rule to tackle dew factor

Rediff.com27 Mar 2026

The Pakistan Super League (PSL) has introduced a new rule allowing captains to submit two team sheets before the toss to mitigate the impact of dew in day/night matches. This change aims to ensure fairer competition, particularly in Lahore and Karachi, where dew is a significant factor.

Pakistan Cricketer Naseem Shah Fined Over Critical Social Media Post

Pakistan Cricketer Naseem Shah Fined Over Critical Social Media Post

Rediff.com30 Mar 2026

The Pakistan Cricket Board (PCB) has fined fast bowler Naseem Shah PKR 20 million for a controversial social media post criticising Punjab Chief Minister Maryam Nawaz's presence at a PSL match.

Diego Maradona's childhood house transformed into soup kitchen

Diego Maradona's childhood house transformed into soup kitchen

Rediff.com31 Mar 2026

Every week, hundreds of people line up to fill a plastic container with food in an unlikely place: the humble home where Argentine soccer legend Diego Armando Maradona was born.

PSL matches hit by US-Iran crisis: Will IPL be affected?

PSL matches hit by US-Iran crisis: Will IPL be affected?

Rediff.com22 Mar 2026

The Pakistan Cricket Board (PCB) has announced that the initial stages of the Pakistan Super League (PSL) will be held without spectators due to regional tensions and government austerity measures.

PSL Stars Deny Ball-Tampering Allegations After Lahore Qalandars-Karachi Kings Match

PSL Stars Deny Ball-Tampering Allegations After Lahore Qalandars-Karachi Kings Match

Rediff.com30 Mar 2026

Fakhar Zaman, Shaheen Shah Afridi, and Sikandar Raza deny ball-tampering charges during a Pakistan Super League match, leading to an investigation and potential penalties for the Lahore Qalandars.

R Praggnanandhaa Headlines Youth Surge in Candidates Tournament

R Praggnanandhaa Headlines Youth Surge in Candidates Tournament

Rediff.com26 Mar 2026

R Praggnanandhaa leads a fearless new generation at the Candidates 2026 as veterans face a shifting chess landscape ahead of a world title clash.

Pakistan Super League grapples with player withdrawals amid IPL lure

Pakistan Super League grapples with player withdrawals amid IPL lure

Rediff.com23 Mar 2026

The Pakistan Super League (PSL) is facing logistical and contractual challenges as several overseas players withdraw to participate in the Indian Premier League (IPL), which offers more lucrative contracts. The PCB is considering actions against players breaching contracts but fears deterring future talent.

IPL 2026 Preview: Tragedy, Redemption and Kohli-Rohit Spotlight

IPL 2026 Preview: Tragedy, Redemption and Kohli-Rohit Spotlight

Rediff.com27 Mar 2026

A preview of the 2026 IPL season, highlighting the challenges faced by defending champions Royal Challengers Bengaluru, the redemption quests of legacy teams, the relevance of veteran players, and the emergence of future stars.

$3 Billion a Week: The Cost of Israel's Iran War

$3 Billion a Week: The Cost of Israel's Iran War

Rediff.com5 Mar 2026

The Israeli Finance Ministry has warned that the ongoing war with Iran could cost Israel an estimated NIS 9.4 billion (USD 3 billion approximately) per week under current restrictions on economic activities.

The Methi Pithla Kareena And Alia Enjoyed

The Methi Pithla Kareena And Alia Enjoyed

Rediff.com23 Feb 2026

A simple, flavoursome Maharashtrian meal that Alia Bhatt and Kareena Kapoor Khan tucked into.

Murder convicts serving lifer fall in love, set to marry

Murder convicts serving lifer fall in love, set to marry

Rediff.com23 Jan 2026

Two high-profile murder convicts serving life sentences in a Jaipur open-air prison are set to marry after developing a relationship behind bars. The wedding follows a grant of parole to both convicts, a decision that has sparked some opposition.

Gandhi Talks Review: Underwhelming

Gandhi Talks Review: Underwhelming

Rediff.com3 Feb 2026

The fact that a major studio put out a silent film starring some of the biggest names in the industry in these concerning times for the film business is the one big takeaway from Gandhi Talks, notes Arjun Menon.

King Kohli's Masterclass In Empty Arena

King Kohli's Masterclass In Empty Arena

Rediff.com24 Dec 2025

Virat Kohli's 58th List A hundred resembled a grand opera played inside an empty Royal Albert Hall.

'People Knew Manmohan Singh Had No Vested Interest'

'People Knew Manmohan Singh Had No Vested Interest'

Rediff.com29 Nov 2025

'Maybe he was wrong, but they believed he genuinely meant what he said.'

Will The GST Cut Make A Difference?

Will The GST Cut Make A Difference?

Rediff.com22 Sep 2025

These changes certainly bring India's GST a lot closer to what an ideal GST would look like, points out Karan Bhasin.