News for 'economic crisis'

Superboys Of Malegaon Review: Must Watch

Superboys Of Malegaon Review: Must Watch

Rediff.com28 Feb 2025

Superboys of Malegaon is a delight to watch, raves Deepa Gahlot.

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

'As prime minister, I cannot let any Indian go without food'

'As prime minister, I cannot let any Indian go without food'

Rediff.com27 Dec 2024

T Nanda Kumar, former food and agriculture secretary, shared his memories of working with former prime minister Manmohan Singh during some of India's most challenging times, highlighting Singh's compassionate leadership and commitment to ensuring food security for all Indians. Kumar recalled Singh's steadfast support during the 2008 global food crisis, where he championed a ban on non-basmati rice exports to secure domestic supplies. Singh's leadership, characterized by intellect and humility, left a lasting impression on Kumar, who considered him a mentor and guiding light.

President's Rule In Manipur: Need Of The Hour

President's Rule In Manipur: Need Of The Hour

Rediff.com13 Feb 2025

The solution to Manipur's problems lies in the government giving concessions to Meitis in jobs and education and to accept autonomy for the tribal dominated areas inhibited by the Kukis, suggests Colonel Anil A Athale (retd).

Growth leads to debt sustainability, says Economic Survey

Growth leads to debt sustainability, says Economic Survey

Rediff.com30 Jan 2021

Making a case for an optimal fiscal stance, the Economic Survey on Friday said growth leads to debt sustainability and not necessarily vice-versa. "This is because debt sustainability depends on the 'Interest Rate Growth Rate Differential' (IRGD) i.e. the difference between the interest rate and the growth rate in an economy. "With the Indian context of potential high growth, the interest rate on debt paid by the Indian government has been less than India's growth rate by norm, not by exception," it said.

'India Must Not Support Nepal's Ex-King'

'India Must Not Support Nepal's Ex-King'

Rediff.com17 Apr 2025

'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'

Row erupts in Sri Lanka over Gotabaya's resignation report

Row erupts in Sri Lanka over Gotabaya's resignation report

Rediff.com20 Apr 2022

There have been growing calls for President Rajapaksa's resignation over the past few weeks over his government's mishandling of Sri Lanka's worsening economic crisis.

How data on finance can help predict a crisis

How data on finance can help predict a crisis

Rediff.com13 May 2011

The global economic crisis of 2008-09 has triggered much soul searching in the economics profession. How come only a few economists saw it coming? Was it because the profession was blind to the very possibility of catastrophic failures in a market economy, as Nobel laureate Paul Krugman put it?

'Financial crisis bigger threat than Al Qaeda'

'Financial crisis bigger threat than Al Qaeda'

Rediff.com15 Feb 2009

The plunging global economy is an even bigger threat to the United States' national security than the al Qaeda terrorist network or proliferation of weapons of mass destruction, according to America's new intelligence czar.Traditionally, US intelligence chiefs always preface their opening remarks with either terrorist or nuclear proliferation threats, but DenisBlair's first sentences in his testimony before the US Senate Select Committee on Intelligence was about the economy.

Third term for President Trump? Lawmaker moves bill

Third term for President Trump? Lawmaker moves bill

Rediff.com24 Jan 2025

A Republican lawmaker has introduced a House Joint Resolution to amend the US Constitution to allow a president to be elected for up to three terms. The move is aimed at facilitating a third term for President Donald Trump. Congressman Andy Ogles, who introduced the resolution, stated that the amendment would ensure the continuation of Trump's "bold leadership" and provide him with the resources to "correct the disastrous course" set by the Biden administration. He highlighted Trump's decisive leadership and his ability to "restore America to greatness." Ogles also praised Trump's actions in tackling the crisis at the southern border, lifting oil and gas drilling restrictions, ending birthright citizenship for children born to illegal aliens, and withdrawing the United States from the World Health Organization.

Crisis fallout: Nations to be more cautious

Crisis fallout: Nations to be more cautious

Rediff.com14 Sep 2009

According to analysts, everyone across the globe has learnt several important lessons from the financial turmoil during the past year or two, which has made them highly risk averse.

Crisis: Cooperation need of the hour, says Obama

Crisis: Cooperation need of the hour, says Obama

Rediff.com14 Mar 2009

Obama has been talking with the world leaders in the past few weeks in this regard, and this would be his agenda at the upcoming G-20 summit at London next month, which among others would also be attended by the Indian Prime Minister Manmohan Singh.

World should act together to avoid crisis: US

World should act together to avoid crisis: US

Rediff.com13 Mar 2009

As the momentum for upcoming G-20 Summit in London gains ground, the White House has said that world should act together to prevent reoccurrence of the global economic downturn being experienced now.

India's GDP growth seen at 6.5% in FY25, FY26: EY report

India's GDP growth seen at 6.5% in FY25, FY26: EY report

Rediff.com25 Dec 2024

India's economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. Real GDP growth eased to a seven-quarter low of 5.4 per cent in July-September -- the second quarter of the current 2024-25 fiscal year.

Rishi Sunak warns of 'very difficult decisions' in first cabinet meet

Rishi Sunak warns of 'very difficult decisions' in first cabinet meet

Rediff.com26 Oct 2022

Prime Minister Rishi Sunak on Wednesday held his first Cabinet meeting with the new team as he prepares for his debut at Prime Minister's Questions, the first big test of Britain's Indian-origin premier's leadership.

Sudhir Ghosh: The MP Who Foresaw Quad

Sudhir Ghosh: The MP Who Foresaw Quad

Rediff.com17 Mar 2025

After the 1962 War with China, there was a demand to forge greater defence cooperation between India and the West. One such voice was that of Sudhir Ghosh, a distinguished MP, to tie up strategic cooperation with the USA immediately after the Chinese attack on India, recalls Rup Narayan Das.

Sri Lanka allows Chinese research vessel to dock, India monitoring situation

Sri Lanka allows Chinese research vessel to dock, India monitoring situation

Rediff.com31 Jul 2022

The southern deep-sea port of Hambantota is considered strategically important for its location.

Economic growth to be around 8% this fiscal: Montek

Economic growth to be around 8% this fiscal: Montek

Rediff.com18 Oct 2011

"This year, at the Planning Commission, we expect growth rate will be around 8 per cent. We are not expecting 9 per cent in the year 2011-12," Ahluwalia said while speaking at the convocation ceremony at Vijna Jyothy Institute of Management.

'Strong retail growth is expected'

'Strong retail growth is expected'

Rediff.com10 Feb 2025

'The retail business was somewhat slow initially, but it has picked up over the past seven to eight days. Following Makar Sankranti, there is a renewed sense of positivity.'

Mahinda supporters attack anti-govt protesters, 23 injured

Mahinda supporters attack anti-govt protesters, 23 injured

Rediff.com9 May 2022

The violence occurred following reports on Monday that Mahinda Rajapksa may offer to stand down as Prime Minister.

Indian economy faces a major crisis, but who cares?

Indian economy faces a major crisis, but who cares?

Rediff.com14 Sep 2012

It is common knowledge that the Indian economy has not just been doing badly for over a year but is actually stumbling towards a major economic crisis.

'Rely On Your Intelligence, Not On AI'

'Rely On Your Intelligence, Not On AI'

Rediff.com29 Jan 2025

'You must be good at using AI as a tool of learning but do not give up your own critical thinking.'

Protestors set up blocks on way to airport to prevent Rajapaksa loyalists fleeing

Protestors set up blocks on way to airport to prevent Rajapaksa loyalists fleeing

Rediff.com10 May 2022

Anti-government protesters in Sri Lanka on Tuesday set up a checkpoint on the road leading to the Bandaranaike International Airport in Colombo to prevent the Rajapaksa family loyalists from fleeing the country, as violence and widespread protest continued against the regime over the country's worst economic crisis in decades.

Moody's says Indian economy likely to grow 7.2% in 2024

Moody's says Indian economy likely to grow 7.2% in 2024

Rediff.com15 Nov 2024

Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next. In its Global Macro Outlook 2025-26, the rating agency said the global economy has shown remarkable resilience in bouncing back from supply chain disruptions during the pandemic, an energy and food crisis after the Russia-Ukraine war began, high inflation and consequent monetary policy tightening.

130 Dalit households in Bengal fight for their right to worship

130 Dalit households in Bengal fight for their right to worship

Rediff.com9 Mar 2025

A group of around 130 Dalit families in West Bengal's Purba Bardhaman district have been facing discrimination for centuries, being denied access to a local temple. The families, belonging to the traditional community of cobblers and weavers, have been ostracized and face economic hardship due to this caste-based practice. Despite recent attempts by the administration to resolve the issue, the situation remains tense and the families are left with few options.

Why Are Sri Lankans Protesting?

Why Are Sri Lankans Protesting?

Rediff.com18 Mar 2022

Angry protests in Colombo as Sri Lanka grapples with its worst ever economic crisis.

'Employees Aren't Use-And-Throw Objects'

'Employees Aren't Use-And-Throw Objects'

Rediff.com16 Apr 2025

'You think: Did I fail the people I had to let go? Did I promise something I couldn't deliver? That day (when we had to sack 70 people) will stay with me.'

Nirmalaji Releases The Nuclear Genie

Nirmalaji Releases The Nuclear Genie

Rediff.com3 Feb 2025

'If the BJP detoxifies the nuclear liability law, it will bring economic, environmental and, most of all, strategic benefits.' 'Let's keep our fingers crossed and hope that this Budget promise is met soon -- ideally, before Mr Modi heads to his first meeting with Trump 2.0,' observes Shekhar Gupta.

Watch Live! All the action in Parliament

Watch Live! All the action in Parliament

Rediff.com1 Apr 2022

Watch all the action from both House of the Parliament.

Global crisis to trigger more unemployment: ILO

Global crisis to trigger more unemployment: ILO

Rediff.com28 Jan 2009

Global unemployment in 2009 could increase over 2007 by a range of 18 million to 30 million workers, and more than 50 million with the situation likely to deteriorate, the International Labour Organization said in its annual Global Employment Trends report released on Wednesday. Based on new developments in the labour market, the report said some 200 million workers, mostly in developing economies, could be pushed into extreme poverty if the situation worsened.

Pakistan's new President Zardari to forgo salary, here's why

Pakistan's new President Zardari to forgo salary, here's why

Rediff.com12 Mar 2024

Pakistan's newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.

'Fadnavis Must Show Who Is The Boss'

'Fadnavis Must Show Who Is The Boss'

Rediff.com3 Mar 2025

'Let Fadnavisji prove to the people of Maharashtra that he acts fairly against one and all.'

Global crisis: India to be least hit, says PM

Global crisis: India to be least hit, says PM

Rediff.com26 Feb 2009

Prime Minister Manmohan Singh on Thursday expressed confidence that India would emerge the least affected country of the world from the current global economic meltdown.

Ranil Wickremesinghe is back as Sri Lanka's prime minister for 5th time

Ranil Wickremesinghe is back as Sri Lanka's prime minister for 5th time

Rediff.com12 May 2022

The 73-year-old United National Party was appointed as the prime minister by President Gotabaya Rajapaksa after they held closed-door discussions on Wednesday.

Salvaging Marx From The 'Marxists'

Salvaging Marx From The 'Marxists'

Rediff.com15 Mar 2025

'If we truly wish to understand and apply Marx's insights today, we must reject the rigid dogmas that later 'Marxists' imposed in his name.'

Protect our CPEC workers from terror attacks, China tells Pak

Protect our CPEC workers from terror attacks, China tells Pak

Rediff.com16 May 2024

Pakistan's deputy Prime Minister and Foreign Minister Ishaq Dar, who is in China on a four-day visit, and Chinese Foreign Minister Wang Yi co-chaired the fifth round of the foreign minister-level China-Pakistan Strategic Dialogue.

Sri Lanka imposes curfew, blocks social media amid protests

Sri Lanka imposes curfew, blocks social media amid protests

Rediff.com3 Apr 2022

The move is aimed at preventing masses from gathering in Colombo to protest the government's failure to provide relief to the public suffering from shortages of food, essentials, fuel and medicine amidst hours-long power cuts, the Colombo Page newspaper reported.

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Rediff.com8 Apr 2022

Sri Lanka is facing its worst economic crisis since gaining independence from the UK in 1948.

What's so special about this Messi pic?

What's so special about this Messi pic?

Rediff.com6 Sep 2023

Latest Messi tribute in Argentina recycles the joy from icon's big win

India invited to G20 meet on financial crisis

India invited to G20 meet on financial crisis

Rediff.com21 Feb 2009

Prime Minister Manmohan Singh is among the top world leaders who have been invited for the Second G20 Summit to be held in London in April, which will discuss ways and means to reinvigorate growth in the wake of the global economic crisis.