News for 'economic growth'

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

Rediff.com9 Apr 2025

The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.

Soros connection? US lawmaker challenges Adani probe

Soros connection? US lawmaker challenges Adani probe

Rediff.com8 Jan 2025

Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.

Factors that will drive the stock markets this week

Factors that will drive the stock markets this week

Rediff.com29 Jun 2025

Trading activity of foreign investors and crude oil prices would also remain in the limelight during the week, experts noted. "This week brings a series of important economic data releases from India and the United States, which are likely to influence market sentiment and central bank outlooks.

Growth Or Inflation? What Will RBI Gov Tackle?

Growth Or Inflation? What Will RBI Gov Tackle?

Rediff.com11 Dec 2024

Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.

Modi hails 'Vijay Utsav' as Opposition gears up to corner govt

Modi hails 'Vijay Utsav' as Opposition gears up to corner govt

Rediff.com21 Jul 2025

Prime Minister Narendra Modi on Monday said Parliament's Monsoon session is like a 'Vijay Utsav' as the Indian armed forces achieved their objectives under Operation Sindoor 100 per cent, and expressed confidence that the MPs will articulate this sentiment in one voice.

Countdown Begins To Budget 2025

Countdown Begins To Budget 2025

Rediff.com7 Dec 2024

It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Nirmala Sitharaman, rare in Indian polity.

IndiGo To Be First Off Runway from Navi Mumbai Airport

IndiGo To Be First Off Runway from Navi Mumbai Airport

Rediff.com29 May 2025

The airline plans to scale up its operations at NMIA significantly, from 36 air traffic movements (ATMs) daily on the opening day to 79 daily departures (158 ATMs), including 14 international departures by November this year.

Do Gold and Index ETFs Actually Deliver?

Do Gold and Index ETFs Actually Deliver?

Rediff.com23 Aug 2025

When we talk about Exchange-Traded Funds (ETFs), a few of their features that strike our mind are their low cost, easy-to-understand composition, and simple trading. While Index ETFs have always been popular among investors, Gold ETFs have garnered interest in recent years due to gold prices fluctuating near their all-time highs. But from a long-term investing context, do these ETFs really deliver?

For a slightly higher government capex outlay

For a slightly higher government capex outlay

Rediff.com11 Feb 2025

While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.

33 Years Before India Turns 'Old'

33 Years Before India Turns 'Old'

Rediff.com15 Jan 2025

'India is aging faster than many realise.'

India, UK trade deal will unlock thousands of jobs

India, UK trade deal will unlock thousands of jobs

Rediff.com24 Jul 2025

India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around $34 billion annually.

Religious Tourism Is A Money Spinner

Religious Tourism Is A Money Spinner

Rediff.com14 Apr 2025

Religious tourism witnessed 1,439 million tourists in 2022, generating Rs 1.34 trillion in revenue.

RBI cuts CRR to unlock Rs 2.5 lakh crore liquidity for banks

RBI cuts CRR to unlock Rs 2.5 lakh crore liquidity for banks

Rediff.com6 Jun 2025

Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent.

India-Pak clash is about terrorism, West will suffer too: Jaishankar

India-Pak clash is about terrorism, West will suffer too: Jaishankar

Rediff.com11 Jun 2025

External Affairs Minister S Jaishankar has said the recent confrontation between India and Pakistan was not just a mere conflict between two neighbours, but it was about combating terrorism, which will eventually come back to haunt the West.

Temasek lifts India exposure to 8% as China share declines for third year

Temasek lifts India exposure to 8% as China share declines for third year

Rediff.com10 Jul 2025

Singapore's state investor Temasek Holdings, which recently picked up 10 per cent stake in Haldiram, has been consistently expanding its footprint in India while slowly withdrawing from China over the last three years amid growing geopolitical risks and economic headwinds. India has become Temasek's third-largest market, after Singapore (27 per cent) and China (18 per cent), with its exposure to the country higher than the rest of Asia Pacific excluding the three (11 per cent), according to Temasek's annual review.

Are public sector bank employees becoming more productive?

Are public sector bank employees becoming more productive?

Rediff.com27 Jun 2025

Each employee is generating more business than before -- driven by cost rationalisation, digital adoption, and better resource utilisation -- signalling a stronger foundation for sustainable growth and profitability.

Peace is an illusion, India must be prepared: Rajnath Singh

Peace is an illusion, India must be prepared: Rajnath Singh

Rediff.com7 Jul 2025

Defence Minister Rajnath Singh emphasizes the need for India to remain prepared for uncertainty, even during peacetime, and highlights the increasing importance of the defence sector as an economic driver.

Nirmalaji Eyes Higher GDP Growth Target

Nirmalaji Eyes Higher GDP Growth Target

Rediff.com3 Jul 2024

'The nominal GDP growth assumption for FY25 may be revised upwards on higher growth expectations.'

LS passes Bill to ban online money games, proposes 3-yr jail, Rs 1 cr fine

LS passes Bill to ban online money games, proposes 3-yr jail, Rs 1 cr fine

Rediff.com20 Aug 2025

The Indian government has introduced a bill in the Lok Sabha to ban online games played with money, aiming to curb addiction, money laundering, and financial fraud. The bill also targets advertisements and financial transactions related to such games.

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Rediff.com18 Jul 2025

In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment.

How the markets will fare this week

How the markets will fare this week

Rediff.com16 Mar 2025

The US Fed interest rate decision, global trends, tariff-related developments and trading activity of foreign investors will drive the equity market movement this week, analysts said. Among macroeconomic data announcement, WPI inflation for February is scheduled to be announced on Monday.

Infy Defies Layoff Trend: 20K Jobs In '25

Infy Defies Layoff Trend: 20K Jobs In '25

Rediff.com30 Jul 2025

Infosys commits to hiring 20,000 graduates amid industry-wide layoffs and uncertainty.

Lesson from 2009: Early Monsoon, Not Always Good

Lesson from 2009: Early Monsoon, Not Always Good

Rediff.com2 Jun 2025

The last time the southwest monsoon arrived earlier than in 2025 -- that is, back in 2009 -- the rains lost steam after the early onset and ended the season with almost 23 per cent deficient rainfall, which was the lowest recorded average rainfall in several decades over India.

Change of stance to neutral doesn't mean pause on rate cut: Economists

Change of stance to neutral doesn't mean pause on rate cut: Economists

Rediff.com18 Jun 2025

The change in stance to neutral from accommodative in the June monetary policy meeting does not necessarily signal that the Reserve Bank of India's (RBI's) rate setting body - monetary policy committee (MPC) - will go on a prolonged pause on rate cuts going forward, believe experts.

Centre To Boost States' Heatwave Plans

Centre To Boost States' Heatwave Plans

Rediff.com9 Jun 2025

About 57 per cent of Indian districts, home to 76 per cent of the country's population, are currently at high to very high risk from extreme heat.

'Modi is standing like a wall': PM's strong message to Trump amid tariff row

'Modi is standing like a wall': PM's strong message to Trump amid tariff row

Rediff.com15 Aug 2025

Amid uncertainty over trade talks with the US, Prime Minister Modi asserts India's commitment to protecting the interests of farmers and fishermen, vowing no compromise on their behalf.

How the markets will fare this week

How the markets will fare this week

Rediff.com27 Jul 2025

Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips, the US Fed interest rate decision and foreign investors trading activity driving investors' sentiment, analysts said. Macroeconomic data announcements, monthly auto sales numbers and global market trends would also guide movement in the domestic equities, they said.

25% Donald Trump tariff likely to weigh on pharma margins: Analysts

25% Donald Trump tariff likely to weigh on pharma margins: Analysts

Rediff.com12 Aug 2025

If pharmaceutical exports from India to the US come under a 25 per cent tariff bracket, the impact on earnings before interest, tax, depreciation and amortisation (Ebitda) could be around 5 per cent, felt analysts. This is after assuming that about 75 per cent of the tariff would be passed on.

What's behind India's spectacular economic growth

What's behind India's spectacular economic growth

Rediff.com15 Nov 2010

Rediff.com spoke to Raghuram Rajan about his book, what enthuses him about the Indian economy, and what are the concerns he has with India's chaotic progress . . .

'Why Haven't Amitabh, Salman, Shah Rukh Learnt Marathi?'

'Why Haven't Amitabh, Salman, Shah Rukh Learnt Marathi?'

Rediff.com4 Jul 2025

'There are tall personalities who have utilised Mumbai and Maharashtra for their career growth, but they never thought it is their responsibility to learn Marathi.'

IPOs That Burned Investor Wealth

IPOs That Burned Investor Wealth

Rediff.com2 Aug 2025

Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.

Foreign Degree Loses Sheen As Students Question Return On Investment

Foreign Degree Loses Sheen As Students Question Return On Investment

Rediff.com4 Aug 2025

The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.

After NISAR mission, ISRO to launch 6,500 kg US satellite

After NISAR mission, ISRO to launch 6,500 kg US satellite

Rediff.com10 Aug 2025

ISRO to launch a 6,500 kg communication satellite built by the US, marking a significant milestone in the Indian space program after the successful launch of the NASA-ISRO NISAR mission.

RBI survey pegs economic growth at 8.2%

RBI survey pegs economic growth at 8.2%

Rediff.com19 Apr 2010

RBI expected wholesale prices-based inflation, which is near the double-digit region now, to moderate over the next few months but warned of upside risks owing to firming global commodity prices, particularly oil.

Modi announces Rs 4,850 crore Line of Credit to Maldives

Modi announces Rs 4,850 crore Line of Credit to Maldives

Rediff.com25 Jul 2025

Prime Minister Narendra Modi and Maldivian President Mohamed Muizzu held talks focusing on trade, defence, and infrastructure cooperation, signaling a turnaround in relations after a period of strain.

Why India's economic growth will pick up in 2013

Why India's economic growth will pick up in 2013

Rediff.com7 Dec 2012

A decline in oil prices, improving demand situation in abroad markets and structural reforms at home will help Indian economy regain its high growth trajectory in the coming years, according to US investment banking giant Goldman Sachs.

India slips to 131st position in Global Gender Gap Index

India slips to 131st position in Global Gender Gap Index

Rediff.com12 Jun 2025

India has ranked 131 out of 148 countries in the World Economic Forum's Global Gender Gap Report 2025, slipping two places from its position last year.

SUVs The Flavour While Small Cars Remain Out of Reach

SUVs The Flavour While Small Cars Remain Out of Reach

Rediff.com29 May 2025

The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.

Deloitte pegs India's FY25 GDP growth at 6.6%

Deloitte pegs India's FY25 GDP growth at 6.6%

Rediff.com26 Apr 2024

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.

Gold rises Rs 70 to hit a fresh peak of Rs 98,170/10g

Gold rises Rs 70 to hit a fresh peak of Rs 98,170/10g

Rediff.com17 Apr 2025

Gold prices rose by Rs 70 to hit yet another record high of Rs 98,170 per 10 grams in the national capital on Thursday amid firm global demand, according to the All India Sarafa Association. On Wednesday, the precious metal of 99.9 per cent purity soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams.