News for 'economic impact'

Micro-Shifts, Unbossing... GenZ Is Changing Workplaces

Micro-Shifts, Unbossing... GenZ Is Changing Workplaces

Rediff.com27 May 2025

The 9-to-5 structure feels outdated to the Gen Z generation.

Mukesh Ambani's ambitious vision for the next 10 years

Mukesh Ambani's ambitious vision for the next 10 years

Rediff.com1 May 2025

India's versatile media and entertainment industry can grow more than three-fold to $100 billion in the next decade, creating millions of jobs and a ripple effect across sectors, billionaire Mukesh Ambani said on Thursday.

IMF lowers India's growth projection to 6.2% for FY26

IMF lowers India's growth projection to 6.2% for FY26

Rediff.com22 Apr 2025

The Indian economy is projected to grow at 6.2 per cent in 2025-26, slower than earlier estimated rate of 6.5 per cent, due to escalated trade tensions and global uncertainty, the International Monetary Fund (IMF) said on Tuesday. "For India, the growth outlook is relatively more stable at 6.2 per cent in 2025, supported by private consumption, particularly in rural areas," IMF said in its World Economic Outlook (WEO).

Hope our adversary learnt some lessons: CDS on Operation Sindoor

Hope our adversary learnt some lessons: CDS on Operation Sindoor

Rediff.com1 Jun 2025

Chief of Defence Staff General Anil Chauhan on Saturday said India's Operation Sindoor has drawn a 'new red line' of intolerance against terror, and expressed hope that the military action has brought 'some lessons for our adversary also'.

'China's Dams Won't Dry Out India, But...'

'China's Dams Won't Dry Out India, But...'

Rediff.com24 Jun 2025

'China could intentionally release excess water.' 'The North East is already flood-prone during the monsoon, and even a controlled release from Chinese dams (during the monsoon) could worsen flooding.'

The price of building India: Why cement remains in the 28% GST slab

The price of building India: Why cement remains in the 28% GST slab

Rediff.com7 May 2025

The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.

Military Action Must For Pakistan's Thousand Cuts Strategy

Military Action Must For Pakistan's Thousand Cuts Strategy

Rediff.com9 Jun 2025

We have nothing to gain by raising our concerns internationally as our narrative has got entangled with several controversial concepts in the United Nations, asserts Ambassador T N Sreenivasan.

Traditional ties with US are over: Canadian PM's big remark

Traditional ties with US are over: Canadian PM's big remark

Rediff.com28 Mar 2025

In a dramatic shift in Canada's foreign policy, Prime Minister Mark Carney on Thursday declared that the long-standing economic and security relationship between Canada and the United States has ended, responding to US President Donald Trump's announcement of new auto tariffs that could severely impact Canada's economy, Politico reported.

PIX: Cummins & Co. finally get their act together!

PIX: Cummins & Co. finally get their act together!

Rediff.com6 May 2025

Last year's runner-up Sunrisers Hyderabad (SRH) suffered a heartbreaking exit from the IPL 2025 play-off race after rain washed out their must-win game against Delhi Capitals (DC) in Hyderabad on Monday.

Why South Cinema Scores Big Over Bollywood

Why South Cinema Scores Big Over Bollywood

Rediff.com26 May 2025

South Indian filmmakers have kept their focus on the single-screen cinemagoer. They have kept their finger on the pulse of the single-screen cinema fan, who goes to movies once a month or more, to forget his weekly chores, explains Ambi Parameswaran.

Australia unveils ambitious roadmap to boost trade with India

Australia unveils ambitious roadmap to boost trade with India

Rediff.com26 Feb 2025

Australia on Wednesday unveiled an ambitious roadmap to deepen and diversify its trade and investment ties with India. The roadmap identified four "superhighways of growth" -- clean energy, education and skills, agribusiness, and tourism. Broadly, it sets out a pathway to focus ongoing efforts, including to boost two-way investment, and work with Indian-Australian communities and businesses.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Apr 2025

Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts.

Budget 2025: Defence Must Be The Priority

Budget 2025: Defence Must Be The Priority

Rediff.com31 Jan 2025

'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.

Outlook gloomy for corporate share in direct tax mopup

Outlook gloomy for corporate share in direct tax mopup

Rediff.com19 Apr 2025

Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net direct tax collections as of March 16, compared to 48.1 per cent on the same date in 2023-24 (FY24).

Higher competitive pressures to cap DMart's margins in near term

Higher competitive pressures to cap DMart's margins in near term

Rediff.com13 May 2025

The stock of India's largest listed pure-play retail company, Avenue Supermarts (DMart), has slipped over 10 per cent from its monthly highs. A weak operational performance in the fourth quarter (January-March) of financial year 2024-25 (Q4FY25) and muted near-term outlook due to intense competitive pressures and higher costs could lead to downward momentum on the stock. While the stock dipped by 3.44 per cent in early trade on Monday, it recovered a bit to close 1.07 per cent lower at 4,017.

Bloodbath: 'Markets Can Fall Further From Here'

Bloodbath: 'Markets Can Fall Further From Here'

Rediff.com28 Feb 2025

As the Indian stock markets tumble under the panic set off by US President Donald Trump's tariff tantrums, three market experts weigh in on the reasons behind this fall, how much pain is left and how should investors adapt their strategies to invest in markets.

India stands ready to offer all possible aid: Modi on tremor

India stands ready to offer all possible aid: Modi on tremor

Rediff.com29 Mar 2025

"Concerned by the situation in the wake of the Earthquake in Myanmar and Thailand. Praying for the safety and wellbeing of everyone," Modi said on X.

GST collection grows 10% to over Rs 1.96 lakh cr in March, second-highest ever

GST collection grows 10% to over Rs 1.96 lakh cr in March, second-highest ever

Rediff.com1 Apr 2025

Gross GST collection in March grew 9.9 per cent to over Rs 1.96 lakh crore, government data showed on Tuesday.

Trump's Tariffs: India Should Be Worried

Trump's Tariffs: India Should Be Worried

Rediff.com4 Apr 2025

While growth in India is largely domestic and hence the overall GDP effect may not be more than 0.15-0.2%, but overall trade will be impacted due to every country going back to the drawing board, points out Madan Sabnavis.

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Rediff.com24 May 2025

Adani Ports and JSW Infrastructure, India's leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. "With incrementally less availability of lucrative port assets that can drive cargo volumes, port operators have naturally shifted their focus on deriving value in the upstream integration, i.e., the logistics space.

'State Banks Must Take Affordable Housing Seriously'

'State Banks Must Take Affordable Housing Seriously'

Rediff.com25 Apr 2025

'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'

Courts authorised to determine rate of interest: SC

Courts authorised to determine rate of interest: SC

Rediff.com1 Apr 2025

The Supreme Court of India has ruled that courts have the authority to determine the appropriate interest rate in cases involving share valuation, considering the specific facts of each case. The decision came in a 52-year-old legal battle between private parties and the Rajasthan government over the valuation of shares transferred to the state government. The court also modified the interest rate applicable to delayed payments, awarding 6 percent per annum simple interest from July 8, 1975, until the date of decree, and 9 percent per annum simple interest from the date of decree until realization of the payment.

Nobel Prize in Economics awarded to Claudia Goldin

Nobel Prize in Economics awarded to Claudia Goldin

Rediff.com9 Oct 2023

American economic historian and labour economist Claudia Goldin won the 2023 Nobel Economics Prize for her work examining wage inequality between men and women, the Royal Swedish Academy of Sciences said on Monday. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023 was awarded to 77-year-old Claudia Goldin "for having advanced our understanding of women's labour market outcomes" the prize-giving body said in a statement. Goldin will receive 11 million Swedish kronor, or around $1 million, as the sole winner of this year's prize.

Trump's Tariff Tsunami: Will India Sink or Reform?

Trump's Tariff Tsunami: Will India Sink or Reform?

Rediff.com21 Apr 2025

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.

Trump 2.0: Tough Navigation Lies Ahead For India

Trump 2.0: Tough Navigation Lies Ahead For India

Rediff.com12 Feb 2025

'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Rediff.com2 May 2025

Adani Enterprises Ltd (AEL) reported an over sevenfold year-on-year (Y-o-Y) rise in its consolidated net profit, attributable to the owners of the company, for the January-March quarter of 2024-25 (Q4FY25) due to an exceptional item gain. The conglomerate's net profit was recorded at Rs 3,844.91 crore, up from Rs 450.58 crore a year ago.

Will RBI's rate cut lower loan EMIs?

Will RBI's rate cut lower loan EMIs?

Rediff.com7 Feb 2025

The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth, according to experts. Repo rate is the interest rate at which the RBI lends money to commercial banks.

FPI selling tops $10 bn in Oct amid China shift

FPI selling tops $10 bn in Oct amid China shift

Rediff.com22 Oct 2024

Foreign portfolio investors (FPIs) have net sold domestic shares worth over $10 billion so far this month amid a shift to China, which not only offers attractive valuations compared to India but has also announced several measures to support the economy and the stock market in recent weeks. If the trend doesn't reverse, this will be the first time that overseas funds will yank out more than $10 billion from Indian equity markets in a month.

India has lower exposure to US tariffs than APAC peers: Moody's

India has lower exposure to US tariffs than APAC peers: Moody's

Rediff.com25 Feb 2025

Moody's Ratings on Tuesday said India has a lower overall exposure to the US relative to others in the APAC region, although certain sectors such as food, textiles and pharmaceutical products face risks. Moody's said most companies in its rated portfolio are domestic-focused with limited exposure to the US market.

How the markets will fare this week

How the markets will fare this week

Rediff.com9 Mar 2025

Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Market participants will also closely track foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices, they added.

'If India Thinks It Has Deterred Pakistan, It Is Very, Very Mistaken'

'If India Thinks It Has Deterred Pakistan, It Is Very, Very Mistaken'

Rediff.com23 May 2025

'There's a lot of sense in what Prime Minister Modi did, but the Indian government has to be really prepared for a really sharp escalation spiral.'

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.

US Vice Prez Vance, NSA Waltz to visit India on April 21 amid tariff war

US Vice Prez Vance, NSA Waltz to visit India on April 21 amid tariff war

Rediff.com12 Apr 2025

US Vice President J D Vance and National Security Adviser Michael Waltz are scheduled to visit India on April 21, reflecting Washington's focus on strengthening its relationship with India amidst global concerns over President Donald Trump's tariff policy. Vance's visit is likely to be more of a private trip, while Waltz's visit will be a business trip with discussions on security in the Indo-Pacific region, high technology, critical minerals, and export controls. Both are expected to meet Prime Minister Narendra Modi before his trip to Saudi Arabia. The visits come in the wake of Trump's recent pause on tariffs on all countries except China, following widespread economic concerns.

How India's agri sector can tackle US tariffs

How India's agri sector can tackle US tariffs

Rediff.com10 Apr 2025

India's policy for agriculture trade must move commodity-by-commodity to gain maximum benefits as US President Donald Trump's 26 per cent tariff on exports from the country take effect, said agriculture economist Ashok Gulati in a recent policy paper.

'Not Time To Panic. It's Time To Buy'

'Not Time To Panic. It's Time To Buy'

Rediff.com9 Apr 2025

'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'

'We don't buy superstars, we make them'

'We don't buy superstars, we make them'

Rediff.com2 May 2025

On Thursday, opener Suryavanshi was out for a duck, while young Jaiswal too could not make an impact, scoring just 13 runs as RR were all out for 117 at their home ground, chasing Mumbai Indians' 217/2.

I make sure that the game doesn't get stagnant: Kohli

I make sure that the game doesn't get stagnant: Kohli

Rediff.com28 Apr 2025

Virat Kohli opened up on his batting methodology, saying his focus remains on analysing the conditions and rotating the strike.

100% tariff from India: US ahead of April 2 deadline

100% tariff from India: US ahead of April 2 deadline

Rediff.com1 Apr 2025

The White House has said India imposes a 100% tariff on American agricultural products and the high levies charged by other countries make it "virtually impossible" for US products to be exported to those nations. President Donald Trump has repeatedly criticised the high tariffs charged by India and other countries on American goods. He plans to roll out a set of reciprocal tariffs on April 2, which he says will be "Liberation Day" for the US.

'Weaponising Water Poses Serious Risks For India'

'Weaponising Water Poses Serious Risks For India'

Rediff.com5 May 2025

'Militarily, it risks escalating tensions with Pakistan, potentially triggering conflict due to Pakistan's heavy reliance on the Indus.'

Be Prepared! Heat Waves Coming!

Be Prepared! Heat Waves Coming!

Rediff.com1 Apr 2025

'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'