News for 'economic growth'

Markets stage recovery on economic growth hopes

Markets stage recovery on economic growth hopes

Rediff.com27 Feb 2013

BSE market breadth is neutral. Out of 2,763 stocks traded, 1,340 shares have advanced while 1,307 shares have declined.

'On Beijing, Delhi Will Sleep With One Eye Open'

'On Beijing, Delhi Will Sleep With One Eye Open'

Rediff.com23 Aug 2025

'New Delhi is not naive about its foreign policy choices.'

India-Pak hostilities heighten credit risks for both nations: S&P

India-Pak hostilities heighten credit risks for both nations: S&P

Rediff.com8 May 2025

S&P Global Ratings on Thursday said the hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support.

GDP growth slows to 2-year low of 5.4% in Q2

GDP growth slows to 2-year low of 5.4% in Q2

Rediff.com29 Nov 2024

India's economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy, data showed on Friday. The gross domestic product (GDP) had expanded by 8.1 per cent in the July-September quarter of 2023-24 fiscal. The previous low level of GDP growth at 4.3 per cent was recorded in the third quarter (October-December 2022) of financial year 2022-23.

Trump threw away ties with India for ....: US ex-NSA Sullivan

Trump threw away ties with India for ....: US ex-NSA Sullivan

Rediff.com2 Sep 2025

Sullivan remarks come amid the rising friction between Washington and New Delhi due to the 50 percent tariffs imposed on Indian goods, which include a 25 percent penalty for buying Russian oil.

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.

Modi meets Putin, says humanity's call to end hostilities

Modi meets Putin, says humanity's call to end hostilities

Rediff.com2 Sep 2025

India and Russia always stood "shoulder-to-shoulder" even in the most difficult situations, Prime Minister Narendra Modi told Russian President Vladimir Putin on Monday, against the backdrop of possibly the worst phase in New Delhi's ties with the US in over two decades.

Modi returns after Japan, China trip; calls SCO summit 'productive'

Modi returns after Japan, China trip; calls SCO summit 'productive'

Rediff.com1 Sep 2025

Describing the visit as "productive" in a post on X, the PM said he emphasised India's position on key global issues during his engagements.

Top 18 states' revenues to grow 7-9% in FY26: Crisil

Top 18 states' revenues to grow 7-9% in FY26: Crisil

Rediff.com30 Jul 2025

India's 18 largest states, accounting for over 90 per cent of the country's gross state domestic product (GSDP), are likely to record a marginal uptick in revenue growth to 7-9 per cent this year, from 6.6 per cent clocked in 2024-25 (FY25), rating agency Crisil said in a report on Tuesday. This growth, slower than the decadal average of about 10 per cent, would lift these states' cumulative revenue to around Rs 40 trillion in FY26 from Rs 37.26 trillion in FY25.

The Leverage Trump's US Has On Xi's China Has Shrunk

The Leverage Trump's US Has On Xi's China Has Shrunk

Rediff.com31 Jul 2025

The stock and bond markets told Trump firmly that any idea of isolating China would lead to harming the US economy and this forced Trump to backtrack, points out Aakar Patel.

Bihar polls or Trump tariffs?: Oppn on GST reforms

Bihar polls or Trump tariffs?: Oppn on GST reforms

Rediff.com4 Sep 2025

Victory wrested from regime that only listens when forced, the TMC said on GST exemption on insurance.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

Rediff.com22 Feb 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

Power consumption vs GDP: Some apparent paradoxes

Power consumption vs GDP: Some apparent paradoxes

Rediff.com15 Sep 2025

There are some apparent paradoxes visible in the data from the first quarter of 2025-26 (Q1FY26). The gross domestic product (GDP) delivered a positive surprise with 7.8 per cent year-on-year (Y-o-Y) growth.

India's manufacturing sector growth falls to 11-month low of 56.5 in Nov

India's manufacturing sector growth falls to 11-month low of 56.5 in Nov

Rediff.com2 Dec 2024

India's manufacturing sector growth fell to a joint 11-month low of 56.5 in November, restricted by competitive conditions and inflationary pressures amid a softer increase in factory orders, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in October to 56.5 in November, signalling a softer improvement in the health of the sector. However, the pace of growth remained above its long-run average.

Ambani to invest another Rs 50K cr in Bengal by 2030

Ambani to invest another Rs 50K cr in Bengal by 2030

Rediff.com5 Feb 2025

Reliance Industries chairman Mukesh Ambani on Wednesday announced a fresh investment commitment of Rs 50,000 crore in West Bengal by the end of this decade. Speaking at the Bengal Global Business Summit (BGBS) 2025, Ambani said the investment would generate one lakh jobs in the state.

GST mop-up rises 12% to Rs 1.96 lakh cr in January

GST mop-up rises 12% to Rs 1.96 lakh cr in January

Rediff.com1 Feb 2025

Gross GST revenue rose 12.3 per cent to Rs 1.96 lakh crore in January on higher domestic economic activity, government data showed on Saturday. This includes 10.4 per cent growth in revenue from sale of goods and services domestically at Rs 1.47 lakh crore and 19.8 per cent rise in tax revenue from imported goods at Rs 48,382 crore.

Rare earth curbs to hit EV, RE, defence sectors

Rare earth curbs to hit EV, RE, defence sectors

Rediff.com28 Jun 2025

India's macroeconomic health is in a "relative goldilocks situation", and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is "too soon to sound the 'all clear' for the rest of the year", the Finance Ministry said on Friday.

Curbing air access is like shooting yourself in foot: Emirates president

Curbing air access is like shooting yourself in foot: Emirates president

Rediff.com9 Jun 2025

Restricting air access to foreign carriers by not granting them more bilateral rights is akin to shooting yourself in the foot, as air transport is a wealth multiplier for India's economy, Emirates President Tim Clark said during a press conference held on the sidelines of the annual general meeting of the International Air Transport Association.

India Must Be Ready For Next War With Pakistan

India Must Be Ready For Next War With Pakistan

Rediff.com15 Jul 2025

India has to fill in all the critical gaps in missiles, ammunition, sensors and stockpile in the fastest possible manner, focusing on the critical instruments that worked this time, asserts Shekhar Gupta.

Turbulence In Tokyo: What It Means For India

Turbulence In Tokyo: What It Means For India

Rediff.com12 Sep 2025

Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.

Creativity, not software code, to be main driver of India's economy: Adobe CEO

Creativity, not software code, to be main driver of India's economy: Adobe CEO

Rediff.com1 May 2025

Global tech major Adobe Systems' chief executive Shantanu Narayen on Thursday said creativity, and not software code, will be the main driver of India's economy in the future.

India's manufacturing growth hits six-month high in Jan

India's manufacturing growth hits six-month high in Jan

Rediff.com3 Feb 2025

India's manufacturing sector growth started the year 2025 on a strong footing and touched a six-month high in January, fuelled by the steepest upturn in exports in nearly 14 years, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose from December's one-year low of 56.4 to 57.7 in January supported by the fastest upturn in new export orders since February 2011.

'India's Growth Is In Serious Trouble'

'India's Growth Is In Serious Trouble'

Rediff.com13 Feb 2025

'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'

Moody's ups growth forecast to 8% for FY24

Moody's ups growth forecast to 8% for FY24

Rediff.com7 Mar 2024

Moody's Ratings on Thursday raised India's GDP growth forecast for FY24 to around 8 per cent from 6.6 per cent on the back of strong domestic consumption and capital expenditure. The estimate comes a day after RBI Governor Shaktikanta Das said the economic growth in the current financial year could be close to 8 per cent in view of the third quarter GDP data released by the government. The latest estimate of Moody's is about 140 basis points higher than the earlier projection of 6.6 per cent made in November 2023.

How the govt can revive India's economic growth

How the govt can revive India's economic growth

Rediff.com6 Jan 2014

2013 will go down as an "annus horriblis" for the Indian economy. Instead of a growth rate over 10 per cent and inflation under 5 per cent we have the reverse.

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Rediff.com3 Apr 2025

"These latest so-called 'Liberation Day' tariffs are reckless and self-destructive, inflicting financial pain on Illinois at a time when people are already struggling to keep their small businesses afloat and put food on the table."

'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.'

'High Probability Of Lowering Repo Rate'

'High Probability Of Lowering Repo Rate'

Rediff.com5 Feb 2025

'As the Budget has taken some measures to spur growth, similar action from the MPC may be expected.'

What Are New RBI Governor's Challenges?

What Are New RBI Governor's Challenges?

Rediff.com10 Dec 2024

'Challenge is basically near-term growth as the outlook has turned a bit adverse.'

How Chinese state media reported on Modi's visit

How Chinese state media reported on Modi's visit

Rediff.com31 Aug 2025

The Global Times, a prominent state-run Chinese media outlet, published an article titled "China and India are cooperation partners, not rivals: Xi," highlighting President Xi Jinping's remarks about the bilateral meeting, saying, "as long as the two countries stick to this overarching direction, China-India relations can sustain steady and long-term growth."

Reliance's refining margins projected to stay strong compared to PSU peers

Reliance's refining margins projected to stay strong compared to PSU peers

Rediff.com6 Sep 2025

Reliance Industries' refining earnings will remain steady, supported by its position as India's largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Reliance imported more Russian barrels than any other Indian refiner in the past eight months, according to data from Bloomberg/Kpler.

Economic Challenges In Poll-bound States

Economic Challenges In Poll-bound States

Rediff.com26 Oct 2023

The next government in these states may find it tough to push economic growth through long-term reforms, which would be necessary.

ICICI Bank cuts savings deposit rate by 0.25%

ICICI Bank cuts savings deposit rate by 0.25%

Rediff.com16 Apr 2025

ICICI Bank has cut its savings account deposit interest rate by 0.25 per cent, according to the lender's website. The second largest private sector bank's move comes days after larger rival HDFC Bank announced similar move amid a spate of cuts in deposit offerings following RBI's two back-to-back rate decreases.

Will Macron Be Ousted Before 2027?

Will Macron Be Ousted Before 2027?

Rediff.com10 Sep 2025

France today increasingly resembles the Italy of the past, when governments fell with bewildering regularity, prime ministers came and went in rapid succession, and political instability became the norm rather than the exception, point out Krishnan Srinivasan and Manoj Mohanka.

'Money Is Not A Problem For Me'

'Money Is Not A Problem For Me'

Rediff.com10 Sep 2025

'I can sanction projects worth Rs 20 trillion annually as of today.' 'But my system is only capable of executing projects worth Rs 3 trillion to Rs 4 trillion.'

Indira Gandhi Or Modi: Who's India's Strongest PM?

Indira Gandhi Or Modi: Who's India's Strongest PM?

Rediff.com5 Sep 2025

Mrs Gandhi's power ebbed and peaked with the times. Mr Modi's has almost been constant, barring the few months of hard dip after the 240 seats of 2024, points out Shekhar Gupta.

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Rediff.com1 Jul 2025

Large tariffs by the United States administration and elevated geopolitical risk have increased near-term global financial stability risks, and along with weather events pose downside risks to domestic growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said in the foreword to the Financial Stability Report released on Monday.

Mutual Fund Cash Exposure Declines For The First Time In Six Months

Mutual Fund Cash Exposure Declines For The First Time In Six Months

Rediff.com27 Jun 2025

The top 20 fund houses held 6.8 per cent of their portfolios in cash as of May 31, down from a record high of 7.2 per cent in April 2025.