News for 'economic impact'

Trade war hit on India likely to be limited: RBI

Trade war hit on India likely to be limited: RBI

Rediff.com23 Apr 2025

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.

Quad condemns Pahalgam attack; silent on Pak, 4-day military conflict

Quad condemns Pahalgam attack; silent on Pak, 4-day military conflict

Rediff.com2 Jul 2025

The Quad grouping has called for bringing the perpetrators, organisers and financiers of the Pahalgam terror attack to justice without any delay and urged UN member nations to extend cooperation for it.

How GenAI Will Impact Jobs

How GenAI Will Impact Jobs

Rediff.com23 Apr 2024

Jobs specialising in the creation and management of AI tools may witness rising salaries due to the niche expertise they require. Skills in AI research, development and the practical application of AI tools in business settings will also see strong demand.

Sensex rises 317 pts on gains in auto, pharma shares

Sensex rises 317 pts on gains in auto, pharma shares

Rediff.com15 Jul 2025

Stock markets snapped the four-day falling streak on Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBI's comfort zone. The 30-share BSE Sensex climbed 317.45 points or 0.39 per cent to settle at 82,570.91. During the day, it jumped 490.16 points or 0.59 per cent to 82,743.62. The 50-share NSE Nifty edged higher by 113.50 points or 0.45 per cent to 25,195.80.

'We're Winning The War Against Terrorism'

'We're Winning The War Against Terrorism'

Rediff.com30 May 2025

'We've moved from thousands killed yearly in Jammu and Kashmir to 127 last year.' 'Cross-border terrorism in Kashmir is being solved. We are winning it.'

HUL Q1 profit rises 6% to Rs 2,768 cr, sales up 5%

HUL Q1 profit rises 6% to Rs 2,768 cr, sales up 5%

Rediff.com31 Jul 2025

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs 2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs 2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakm, and Sunsilk.

A Giant Of Science Passes Into The Ages

A Giant Of Science Passes Into The Ages

Rediff.com7 Aug 2025

In Professor Sulochana Gadgil's passing, India has lost a scientific giant, a fierce intellect, and a compassionate soul, remembers Dr Madhavan Nair Rajeevan.

Pak ministry posts plea for aid; account hacked, says govt

Pak ministry posts plea for aid; account hacked, says govt

Rediff.com9 May 2025

Pakistan's Ministry of Economic Affairs X account was hacked and a fake appeal was posted, calling for more international loans to help defuse tensions with India following the Pahalgam terror attack. The post urged the international community to help de-escalate the situation and requested more loans to address "heavy losses" caused by the tensions. The hacking incident occurred during a crucial meeting of the IMF executive board to decide on the next installment of a USD 7 billion loan for Pakistan.

Shibu Soren cremated with state honors in native village

Shibu Soren cremated with state honors in native village

Rediff.com5 Aug 2025

Former Jharkhand Chief Minister Shibu Soren, a towering figure in the state's tribal movement, was cremated with full state honors in his native village of Nemra. Thousands gathered to pay their respects to the 'Dishom Guru,' including political leaders and villagers.

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.

Boat owner family made Rs 30 cr profit during Kumbh: Yogi

Boat owner family made Rs 30 cr profit during Kumbh: Yogi

Rediff.com5 Mar 2025

Uttar Pradesh Chief Minister Yogi Adityanath defended the Maha Kumbh, claiming it generated Rs 3 lakh crore in business and provided significant economic benefits to the region. He also highlighted the "flawless" law-and-order management during the event, citing no crime reports despite the participation of 66 crore devotees and tourists. Adityanath countered opposition criticism of the event, stating that a family with 130 boats made a profit of Rs 30 crore during the 45-day congregation.

How AI Will Disrupt The Job Market: Should India Worry?

How AI Will Disrupt The Job Market: Should India Worry?

Rediff.com25 Jun 2025

Despite the alarming figures on job displacement, AI is expected to generate millions of new roles, echoing historical trends of technological transformation.

India's imports of Russian oil under spotlight after Trump tariffs

India's imports of Russian oil under spotlight after Trump tariffs

Rediff.com31 Jul 2025

From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.

Don't equate victim, perpetrator of terror attacks: Misri in Tokyo

Don't equate victim, perpetrator of terror attacks: Misri in Tokyo

Rediff.com22 May 2025

India's Foreign Secretary Vikram Misri has underscored the importance of not equating the victims and perpetrators of terror attacks, highlighting the need for global unity in combating terrorism. Speaking at Raisina Tokyo 2025, Misri expressed appreciation for Japan's support following the recent terror attack in Pahalgam, India. He also cautioned against the trend of some Western countries hyphenating India and Pakistan in the context of their recent military confrontation. Misri further outlined India's economic aspirations and its commitment to becoming a factor of stability in a turbulent world.

Moody's on how Trump's tariffs will hurt the economy

Moody's on how Trump's tariffs will hurt the economy

Rediff.com16 Apr 2025

Moody's Ratings on Wednesday said US tariffs will weaken credit conditions and raise defaults risks especially for low-rated and speculative grade corporates. It said that an unpredictable US trade policy will lead to a deterioration in global credit conditions and macroeconomic impact will slow growth with a growing possibility of recession.

Home loan rates may fall to 8%: Realty experts

Home loan rates may fall to 8%: Realty experts

Rediff.com7 Jun 2025

Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.

India better placed than China in trade with US: Experts

India better placed than China in trade with US: Experts

Rediff.com6 Nov 2024

Donald Trump's Presidency of the United States will open new opportunities for India though certain sectors, especially pharma and IT, may face the heat if the incoming president decides to impose restrictions on imports and H1B visa regulations, experts said on Wednesday. Prime Minister Narendra Modi's friendly relationship with Trump will have a positive bearing on Indo-US relations but India may have to adapt its strategies to maintain cooperation in areas of mutual interest.

3 economic factors that may impact Gujarat polls

3 economic factors that may impact Gujarat polls

Rediff.com2 Nov 2017

De-scaling of businesses, job losses and subsequent impact on disposable incomes has created negative sentiment among traders, business owners and workers alike, says Abhishek Waghmare.

'Howdy Modi meant nothing': Oppn mocks PM after Trump's 25% tariff

'Howdy Modi meant nothing': Oppn mocks PM after Trump's 25% tariff

Rediff.com30 Jul 2025

Congress general secretary Jairam Ramesh said Modi should take inspiration from former prime minister Indira Gandhi and stand up to the president of the United States.

'Indian Markets Could Outperform'

'Indian Markets Could Outperform'

Rediff.com5 Apr 2025

'If the US stagnates and falls into a recession, the dollar will weaken, oil prices will also dip. This augurs well for India.'

How Will Nuns' Arrest Affect Kerala Politics?

How Will Nuns' Arrest Affect Kerala Politics?

Rediff.com6 Aug 2025

The current situation in Kerala politics is perhaps best described as a case of the state's traditional two front politics now seeing a third front (the BJP) muscling in with the potential outcome being either a messy three front affair or a renewed endorsement of the two front pattern but with one of the old fronts compromised or quashed, observes Shyam G Menon.

Govt's obesity combat plan: Display oil and sugar in snacks

Govt's obesity combat plan: Display oil and sugar in snacks

Rediff.com14 Jul 2025

The Union health ministry is urging all ministries and departments to display 'oil and sugar boards' in common areas to raise awareness about hidden fats and sugars in everyday foods and promote healthier lifestyles.

'This Year, We Will Commence Full Refit Of B787s'

'This Year, We Will Commence Full Refit Of B787s'

Rediff.com16 Jun 2025

'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'

Why RBI is likely to cut repo rate by another 25 bps

Why RBI is likely to cut repo rate by another 25 bps

Rediff.com4 Jun 2025

The weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity may result in the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) to cut the repo rate by another 25 basis points, opine top economists. They also said the external economic pressures like trade policies and others would require continued RBI's accommodative stance and policy support for the Indian industry to sustain the growth.

Why Trump Turned on India, Embraced Pakistan

Why Trump Turned on India, Embraced Pakistan

Rediff.com6 Aug 2025

Trump's new rules for how countries should treat him have led to the current breakdown in India-US relations, explains Ambassador T P Sreenivasan.

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.

Cautious state-run banks expect 11-13% credit growth in FY26

Cautious state-run banks expect 11-13% credit growth in FY26

Rediff.com20 May 2025

Despite sharp interest rate cuts expected in this financial year amid easy liquidity conditions, state-run banks are treading cautiously on their loan growth projections for FY26. Most large banks are projecting loan growth at 11-13 per cent, almost similar to the previous financial year.

'Hard to do business in India': Trump announces reciprocal tariffs

'Hard to do business in India': Trump announces reciprocal tariffs

Rediff.com14 Feb 2025

An hour before his bilateral meeting with Prime Minister Narendra Modi, Trump again commented on India's tariff structure, saying 'they have the highest tariffs' and 'it is a hard place to do business'.

'India is on a strong footing, economy is resilient'

'India is on a strong footing, economy is resilient'

Rediff.com21 May 2025

'We believe that in the new world order FTAs or bilateral trade agreements (BTAs) are the way forward.' 'They are enablers for our participation in global value chains. Today, around 70 per cent of global trade is tied to these chains.'

Is Modi's 'Mr India' Image Fading?

Is Modi's 'Mr India' Image Fading?

Rediff.com20 Aug 2025

'The Election Commission's involvement in the avoidable SIR controversy has carried a message down to the last voter -- who just does not like it,' observes N Sathiya Moorthy.

Maruti, Hyundai's PV dispatches dip in May

Maruti, Hyundai's PV dispatches dip in May

Rediff.com2 Jun 2025

Maruti Suzuki and Hyundai Motor India on Monday reported a dip in passenger vehicle dispatches to dealers in the domestic market last month as the companies tried to adjust vehicle inventory amid slowing demand. Maruti Suzuki India said it "calibrated supplies" to the dealers, aligning with the industry's retail sales projections amid India-Pakistan conflict and a dip in sales of entry-level cars.

Is AI Coming For Your Job? What AI Godfather Says

Is AI Coming For Your Job? What AI Godfather Says

Rediff.com20 Jun 2025

'If we're smart about it, we can use AI to amplify human potential, not replace it. But time is running short.'

'China, Pakistan Will Try To Turn Bangladesh Against India'

'China, Pakistan Will Try To Turn Bangladesh Against India'

Rediff.com7 Aug 2025

'Pakistan will also try to turn Bangladesh into a base for terrorist attacks on India.'

Sensex jumps over 700 points, Nifty reclaims 25,000

Sensex jumps over 700 points, Nifty reclaims 25,000

Rediff.com6 Jun 2025

Maruti, IndusInd Bank, Bajaj Finserv, Eternal, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Titan, HDFC Bank, and NTPC were among the other major gainers. Bharti Airtel and Sun Pharma were the laggards.

'If We Want India To Be A Source Of New Ideas...'

'If We Want India To Be A Source Of New Ideas...'

Rediff.com23 Jun 2025

'Despite being a software powerhouse, we're not producing proportionate original IP, frameworks, or global tech products originating in India.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com6 Apr 2025

In an eventful week ahead, stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said. Investors fear that a full-blown trade war will impact global trade and economic growth, according to market experts.

'An All-Out Budget For Middle Class'

'An All-Out Budget For Middle Class'

Rediff.com7 Feb 2025

'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'

'According To Govt, There's Hardly Any Poverty'

'According To Govt, There's Hardly Any Poverty'

Rediff.com28 Jul 2025

'All governments are scared of a negative image.' 'Somehow, this government has a tendency to create a narrative that things are improving.' 'When the real data gives a different picture, they are upset.'

Why Birla finds US an attractive investment destination

Why Birla finds US an attractive investment destination

Rediff.com3 Jun 2025

The United States offers an "abundance" of stability and transparency, which makes the world's largest economy an attractive investment destination for the Aditya Birla Group, a top official from the Indian conglomerate has said. Kumar Mangalam Birla said the group chaired by him has invested $15 billion in the US over the last 17 years, making it the biggest Indian investor in the country.

Escalation in US-China trade war may help India

Escalation in US-China trade war may help India

Rediff.com4 Oct 2024

The escalation in the US-China trade war is expected to help India increase its exports and attract investments from American companies, think tank GTRI said on Friday. He said that last month, the US Senate introduced two bills that could intensify the trade war and have major global economic impacts if passed.