News for 'economic impact'

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

Rediff.com16 Jun 2026

A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.

Sitharaman: Focus on Fuel, Fertiliser, Forex Amid West Asia Crisis

Sitharaman: Focus on Fuel, Fertiliser, Forex Amid West Asia Crisis

Rediff.com25 May 2026

Union Finance Minister Nirmala Sitharaman has urged an increased focus on '3Fs'-fuel, fertiliser, and forex-to maintain India's economic resilience amidst the West Asia crisis, while also criticising those who spread pessimism.

Why Paytm Shares Soared After Profit Announcement

Why Paytm Shares Soared After Profit Announcement

Rediff.com7 May 2026

Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.

How Sushmita Krishnan Is Making Paper From Water Hyacinths

How Sushmita Krishnan Is Making Paper From Water Hyacinths

Rediff.com5 May 2026

A young ecologist from Tamil Nadu is transforming water hyacinth, a fast-spreading aquatic plant, into a sustainable solution for food packaging. Sushmita Krishnan has developed a unique, chemical-free paper from water hyacinth that can be used for food packaging, turning an ecological challenge into an innovative opportunity.

RBI maintains repo rate at 5.25%, cites West Asia crisis and inflation risks

RBI maintains repo rate at 5.25%, cites West Asia crisis and inflation risks

Rediff.com5 Jun 2026

The Reserve Bank of India (RBI) has kept its key lending rate, the repo rate, unchanged at 5.25 per cent for the second consecutive time, citing concerns over rising energy prices, supply disruptions from the West Asia crisis, and potential inflationary pressures.

PM Modi Highlights Worrisome West Asia Situation and Impact on India

PM Modi Highlights Worrisome West Asia Situation and Impact on India

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.

PM Modi Highlights Worrisome West Asia Situation and Impact on India

PM Modi Highlights Worrisome West Asia Situation and Impact on India

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.

Namo Cities: Delhi's decongestion dream faces the test of execution

Namo Cities: Delhi's decongestion dream faces the test of execution

Rediff.com19 Jun 2026

The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.

No word on India-US interim trade deal as tariff deadline looms

No word on India-US interim trade deal as tariff deadline looms

Rediff.com4 days ago

India and the United States have reviewed progress on a proposed interim bilateral trade agreement, discussing market access, digital trade, and non-tariff barriers, as they race to finalise a deal before a temporary 10 per cent US tariff regime expires on July 24.

Delhi Sees Spike In Dowry Deaths Post-Pandemic, Data Reveals Disturbing Trends

Delhi Sees Spike In Dowry Deaths Post-Pandemic, Data Reveals Disturbing Trends

Rediff.com13 Jun 2026

Official data reveals that Delhi recorded 141 dowry death cases in 2021, the highest in five years, with a subsequent gradual decline. The COVID-19 pandemic is cited as a factor exacerbating domestic tensions. Cases of cruelty by husband or relatives under Section 498A also show significant numbers, alongside efforts to strengthen prosecution and increase awareness.

Cabinet approves Rs 24,249 crore highway projects, including Odisha coastal road

Cabinet approves Rs 24,249 crore highway projects, including Odisha coastal road

Rediff.com4 Jun 2026

The Cabinet Committee on Economic Affairs (CCEA) has approved national highway projects worth approximately 24,249.6 crore across Odisha, Telangana, Madhya Pradesh, and Bihar, aiming to enhance connectivity, reduce travel times, and stimulate economic growth.

Centre tightens FCRA rules for NGOs receiving foreign funds

Centre tightens FCRA rules for NGOs receiving foreign funds

Rediff.com5 days ago

The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.

Noida International Airport takes flight, IndiGo makes inaugural landing

Noida International Airport takes flight, IndiGo makes inaugural landing

Rediff.com15 Jun 2026

Noida International Airport has officially commenced flight operations with an IndiGo flight from Lucknow making the inaugural landing, followed by a takeoff to Lucknow, carrying 172 villagers whose land was acquired for the project.

As FIFA World Cup nears, homeless in US host city feel the heat

As FIFA World Cup nears, homeless in US host city feel the heat

Rediff.com5 Jun 2026

When Atlanta hosted the 1996 Olympics, police were accused of arresting homeless people by the thousands. The crackdown resulted in a welter of lawsuits and news stories that caused long-term damage to the city's reputation. Now the Georgia state capital is looking to show the world that it has moved on, as it hosts World Cup games this summer.

Stock markets today: Sensex, Nifty extend gains as crude oil prices drop, IT stocks surge

Stock markets today: Sensex, Nifty extend gains as crude oil prices drop, IT stocks surge

Rediff.com17 Jun 2026

Indian benchmark indices, Sensex and Nifty, extended their rally for the fourth consecutive day, driven by a significant drop in crude oil prices and strong performance from IT firms, despite mixed global cues.

'How Much Money A Film Has Made, How Much Money It Has Not Made'

'How Much Money A Film Has Made, How Much Money It Has Not Made'

Rediff.com9 Jun 2026

'There is a relationship between the audience and the film, and money should not come in between them.'

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

Rediff.com20 May 2026

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from an earlier 6.6 per cent, attributing the change to global uncertainties and economic shocks stemming from the ongoing West Asia crisis.

Earth Infra Promoters Arrested In Rs 2,004 Crore Fraud Case

Earth Infra Promoters Arrested In Rs 2,004 Crore Fraud Case

Rediff.com2 Jun 2026

The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.

How AI Can Boost India's Economy By $500 Billion

How AI Can Boost India's Economy By $500 Billion

Rediff.com13 May 2026

A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.

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.

India Forms AI Governance Body to Steer National Strategy

India Forms AI Governance Body to Steer National Strategy

Rediff.com16 Apr 2026

India has established a high-level inter-ministerial body, the AI Governance and Economic Group (AIGEG), to steer the country's national AI governance strategy. The AIGEG will coordinate policy across ministries and oversee cross-sectoral governance issues, supported by a Technology and Policy Expert Committee (TPEC).

Rubio's maiden India visit aims to repair strained ties

Rubio's maiden India visit aims to repair strained ties

Rediff.com23 May 2026

US Secretary of State Marco Rubio will visit India for four days to strengthen bilateral relations, holding talks with Indian leaders and attending the Quad foreign ministers' meeting.

Kashmir airport to shut for runway repairs, tourism sector fears hit

Kashmir airport to shut for runway repairs, tourism sector fears hit

Rediff.com2 Jun 2026

Srinagar International Airport will suspend all flight operations for 15 days from October 1 for crucial runway maintenance, raising alarm bells within the tourism industry that fears the shutdown will deal a massive blow to the sector as it directly clashes with the peak Durga Puja holiday season.

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com28 May 2026

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.

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.

'The Way You Buy Is Going To Change'

'The Way You Buy Is Going To Change'

Rediff.com6 Jun 2026

'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

Rediff.com5 Jun 2026

India's economy registered a robust 7.7 per cent growth in the fiscal year 2025-26, an increase from 7.1 per cent in the previous year, with the January-March quarter alone seeing a 7.8 per cent expansion.

India Rejects US 'Overcapacity' Claims in Steel, Textiles, Citing Low Per Capita Consumption

India Rejects US 'Overcapacity' Claims in Steel, Textiles, Citing Low Per Capita Consumption

Rediff.com11 Jun 2026

India has strongly refuted claims by the United States Trade Representative (USTR) regarding excess capacity in its steel and textile sectors, arguing that the nation's significantly low per capita consumption of these products contradicts such assertions, according to Amitabh Kumar, Additional Secretary in the Ministry of Commerce.

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

Rediff.com9 Jun 2026

A US federal judge has ruled that the USD 100,000 fee imposed by former President Donald Trump for H-1B visa applications was unlawful, as it lacked congressional approval. The ruling states the fee was a tax, exceeding the administration's authority and impacting skilled global talent.

How India Is Becoming A Global Leader In Enterprise AI Adoption

How India Is Becoming A Global Leader In Enterprise AI Adoption

Rediff.com12 Jun 2026

A SAP study reveals that Indian enterprises are rapidly moving from AI experimentation to value-driven implementation, positioning India as a global leader in enterprise AI adoption. Indian organisations plan significant investments in AI, with projected fivefold growth in Agentic AI returns and a high percentage of businesses having defined AI strategies and dedicated AI leaders.

Stock markets today: Sensex, Nifty rise on low oil price

Stock markets today: Sensex, Nifty rise on low oil price

Rediff.com29 May 2026

Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.

Lost many nationals in attacks on ships in Gulf, India tells UN

Lost many nationals in attacks on ships in Gulf, India tells UN

Rediff.com11 Jun 2026

India has expressed firm opposition to attacks on merchant shipping amidst the ongoing Iran conflict, revealing that several Indian nationals have died or are missing due to these incidents. The nation also called for restraint, de-escalation, and prioritising civilian safety in the region.

'Migrants Lost Confidence After The War'

'Migrants Lost Confidence After The War'

Rediff.com20 Jun 2026

'We thought everything will be back to normal within one month. Now it's four months and still a final solution is miles away.'

Iran, Israel trade strikes for 1st time since truce; raising war fears

Iran, Israel trade strikes for 1st time since truce; raising war fears

Rediff.com8 Jun 2026

Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.

Modi Has Transformed The Vocabulary Of Indian Politics

Modi Has Transformed The Vocabulary Of Indian Politics

Rediff.com10 Jun 2026

Few leaders since Independence have been able to establish such a direct connection with the electorate or shape the national conversation to the extent that Narendra Modi has done over the past decade, points out former Union minister Dr Karan Singh.

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Rediff.com12 May 2026

Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.

Marco Rubio arrives in India; Quad, trade, defence on agenda

Marco Rubio arrives in India; Quad, trade, defence on agenda

Rediff.com23 May 2026

US Secretary of State Marco Rubio arrived in Kolkata for a four-day diplomatic tour to India, marking the first visit by a US secretary of state to the city in 14 years. His itinerary includes meetings with Indian officials, energy talks, and a Quad Foreign Ministers Meeting.

'Traitor, gimmick': Rahul targets Modi over economy, 'Melody'

'Traitor, gimmick': Rahul targets Modi over economy, 'Melody'

Rediff.com20 May 2026

Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi for gifting 'Melody' toffees to Italian Premier Giorgia Meloni, calling it a 'gimmick' while India faces an 'economic storm'. He accused Modi of prioritising public relations over addressing the struggles of farmers, labourers, and youth, a sentiment echoed by other Congress leaders.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.