News for 'economy'

Why India Is Central To Rockwell Automation's Global Growth Plans

Why India Is Central To Rockwell Automation's Global Growth Plans

Rediff.com15 Jul 2026

Rockwell Automation's CEO Blake Moret highlights India as the centrepiece of the company's Asian growth strategy, detailing its four-decade presence, significant employee base, and support for the 'Make in India' initiative. The company sees major opportunities in pharmaceuticals, automotive, food and beverage, and consumer products, with AI playing a crucial role in simplifying industrial automation and boosting productivity for Indian manufacturers, including MSMEs.

Israel doesn't need US aid, says Netanyahu, rejects Palestinian State

Israel doesn't need US aid, says Netanyahu, rejects Palestinian State

Rediff.com1 Jul 2026

Israeli Prime Minister Benjamin Netanyahu announced a significant policy shift, declaring that Israel's robust economy no longer requires American financial assistance. He also reiterated strong opposition to Palestinian statehood, affirmed an aggressive national defence strategy, warned of pre-emptive strikes against Iran, and confirmed the continued military presence in southern Lebanon.

July downpour reduces rainfall deficit to 12% as El Nino looms

July downpour reduces rainfall deficit to 12% as El Nino looms

Rediff.com8 Jul 2026

The Centre has reviewed the monsoon situation, noting a reduced rainfall deficit and ongoing preparedness for the kharif season amidst El Nino concerns. A high-level meeting chaired by the Principal Secretary to the Prime Minister discussed measures across various sectors, emphasising continuous monitoring and coordinated action to mitigate potential impacts on agriculture, water resources, and essential commodities.

SBI Funds Management IPO: Listing Expected Next Week After Rs 11,692 Crore Offer

SBI Funds Management IPO: Listing Expected Next Week After Rs 11,692 Crore Offer

Rediff.com14 Jul 2026

SBI Funds Management Ltd. is set to list on stock exchanges next week following its Rs 11,692 crore Initial Public Offering (IPO), which involves an Offer for Sale (OFS) of a 10 per cent stake by SBI and Amundi.

Google selects 20 Indian AI startups for 2026 accelerator programme

Google selects 20 Indian AI startups for 2026 accelerator programme

Rediff.com9 Jul 2026

Global technology giant Google has announced the selection of 20 Indian AI startups for its 2026 Google for Startups Accelerator programme, marking the 10th anniversary of its accelerator initiatives.

The Great Collapse: How India's Big T20 Shake-Up Failed

The Great Collapse: How India's Big T20 Shake-Up Failed

Rediff.com13 Jul 2026

The Indian team, which looked invincible under Suryakumar Yadav, has suddenly hit rock bottom a few months after winning the T20 World Cup.

Geopolitical tensions, inflation data to dictate gold and silver prices

Geopolitical tensions, inflation data to dictate gold and silver prices

Rediff.com13 Jul 2026

Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.

Govt Assures E20 Fuel Use is Safe, Won't Affect Vehicle Insurance Validity

Govt Assures E20 Fuel Use is Safe, Won't Affect Vehicle Insurance Validity

Rediff.com24 Jun 2026

The Indian government has dismissed concerns that the use of E20 fuel could affect the validity of vehicle insurance policies, stating that the ethanol blending programme remains safe, consumer-friendly, and economically beneficial.

10 AI Careers For Fresh Graduates

10 AI Careers For Fresh Graduates

Rediff.com15 Jul 2026

Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.

India to prioritise maritime security during UNSC bid

India to prioritise maritime security during UNSC bid

Rediff.com14 Jul 2026

External Affairs Minister S Jaishankar has affirmed India's commitment to ensuring issues like a free, open, and rule-based maritime order, seafarer safety, and countering terror financing receive due attention at the UN Security Council during its 2028-29 term.

Stock markets today: Sensex, Nifty rally as crude oil prices decline, IT stocks gain

Stock markets today: Sensex, Nifty rally as crude oil prices decline, IT stocks gain

Rediff.com2 Jul 2026

Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in crude oil prices and positive developments on the geopolitical front, alongside strong performance in blue-chip IT stocks. Track Sensex, Nifty on July 2, 2026

No rollback of E20 petrol, no selling pure petrol: Govt

No rollback of E20 petrol, no selling pure petrol: Govt

Rediff.com13 Jul 2026

It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.

The Retirement Crisis Nobody Talks About

The Retirement Crisis Nobody Talks About

Rediff.com10 Jul 2026

Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.

How Digital India Has Redefined Governance And Empowered Citizens

How Digital India Has Redefined Governance And Empowered Citizens

Rediff.com1 Jul 2026

Prime Minister Narendra Modi celebrated 11 years of the Digital India initiative, highlighting its role in redefining governance, empowering citizens, and accelerating all-round development. He emphasised its impact on digital payments, direct benefit transfers, and expanding digital public infrastructure, making technology a powerful instrument for 'Ease of Living' across India, including tier-2 and tier-3 cities.

How India Is Building AI Resilience Amid Global Access Restrictions

How India Is Building AI Resilience Amid Global Access Restrictions

Rediff.com30 Jun 2026

India is adopting a two-pronged strategy for artificial intelligence development, focusing on open-source models and indigenous innovation to counter global access restrictions on advanced AI technologies. The government aims to support local developers and ensure AI creates tangible economic impact across various sectors, rather than being solely driven by market speculation.

Why Indians Thrive Overseas

Why Indians Thrive Overseas

Rediff.com13 Jul 2026

India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.

Are You A Freelancer? Here's An ITR Guide

Are You A Freelancer? Here's An ITR Guide

Rediff.com13 Jul 2026

Tax treatment depends on the activity and manner of earning income.

India to supply BrahMos, Astra missiles to Indonesia; backs Indo-Pacific peace

India to supply BrahMos, Astra missiles to Indonesia; backs Indo-Pacific peace

Rediff.com7 Jul 2026

Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.

Gulf Crisis: How India Avoided Economic Turmoil

Gulf Crisis: How India Avoided Economic Turmoil

Rediff.com7 Jul 2026

Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.

Monsoon Completes India Coverage On July 9

Monsoon Completes India Coverage On July 9

Rediff.com10 Jul 2026

After a subdued start, the southwest monsoon has gathered pace since the beginning of July, narrowing the cumulative rainfall deficit from nearly 30 per cent on June 30 to around 15 per cent as of July 8.

Indonesian fighter jets escort Modi's plane in grand welcome

Indonesian fighter jets escort Modi's plane in grand welcome

Rediff.com7 Jul 2026

Prime Minister Narendra Modi was accorded a grand welcome on his arrival in Jakarta on Monday, with Indonesian Air Force fighter jets escorting the PM's aircraft upon entering Indonesian airspace, marking a ceremonial welcome.

Modi calls Japan PM Takaichi his 'younger sister'

Modi calls Japan PM Takaichi his 'younger sister'

Rediff.com2 Jul 2026

Prime Minister Narendra Modi addressed his Japanese counterpart Sanae Takaichi as his 'younger sister' and hailed her as a 'visionary and popular leader' during a joint press meet, where both leaders unveiled initiatives to deepen bilateral cooperation and strengthen the India-Japan Special Strategic and Global Partnership.

Corporate Earnings, Monsoon to Drive Next Leg of Indian Market Rally: Morgan Stanley

Corporate Earnings, Monsoon to Drive Next Leg of Indian Market Rally: Morgan Stanley

Rediff.com7 Jul 2026

Morgan Stanley analysts, led by Ridham Desai, predict that the next phase of the Indian market rally will be primarily driven by the April-June quarter (Q1FY27) corporate earnings season and the performance of the monsoon.

'When We Can Survive 50% Tariff, We Can Survive Anything!'

'When We Can Survive 50% Tariff, We Can Survive Anything!'

Rediff.com1 Jul 2026

'It's very important for India to retain its sovereignty. India should not sign any agreement which compromises its sovereignty.'

Alan Greenspan, former US Federal Reserve chair, passes away at 100

Alan Greenspan, former US Federal Reserve chair, passes away at 100

Rediff.com22 Jun 2026

Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.

Agnikul Partners With ICEYE To Develop, Launch Satellites

Agnikul Partners With ICEYE To Develop, Launch Satellites

Rediff.com1 Jul 2026

'With this deal, we may see even 50 launches a year within the next few years.'

US and Iran agree to de-escalate strikes, reopen Strait of Hormuz

US and Iran agree to de-escalate strikes, reopen Strait of Hormuz

Rediff.com29 Jun 2026

US and Iran officials have reportedly agreed to de-escalate tensions and ensure free passage through the Strait of Hormuz, with technical talks scheduled to continue. This development follows months of conflict, rising gas prices, and strained diplomatic relations, marked by recent retaliatory strikes and threats from both sides. Further discussions on Iran's nuclear program are set to take place in Qatar, highlighting ongoing diplomatic efforts despite recent volatility.

5 diamonds weighing 1.22 carats found during exploration in Chhattisgarh

5 diamonds weighing 1.22 carats found during exploration in Chhattisgarh

Rediff.com23 Jun 2026

Five diamonds, including two of gem quality, have been discovered during scientific exploration in Chhattisgarh's Mahasamund district. This significant find in the Baloda-Belmundi Diamond Block could establish a new diamond-bearing region, promising future investments, revenue generation, and employment opportunities for the state and strengthening India's domestic diamond resources.

This Simple Habit Will Help You Score 99%ile In CAT 2026

This Simple Habit Will Help You Score 99%ile In CAT 2026

Rediff.com10 Jul 2026

CAT and MBA expert and rediffGURU Patrick D'Souza explains how a simple daily reading habit can help aspirants clinch 99 percentile in the Common Admission Test this year.

Private Sector Key To India-US Strategic Tech Outcomes

Private Sector Key To India-US Strategic Tech Outcomes

Rediff.com28 Jun 2026

Senior Indian officials highlight the indispensable role of the private sector in translating India-US cooperation in AI, semiconductors, quantum technologies, and critical minerals into tangible outcomes. The collaboration aims to build trusted, resilient technology ecosystems and position India as a global electronics and semiconductor hub.

Rupee Exchange Rate Is Not Just A Number

Rupee Exchange Rate Is Not Just A Number

Rediff.com6 Jul 2026

If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

'US Thought They Could Pressurise India'

'US Thought They Could Pressurise India'

Rediff.com29 Jun 2026

'They talked bad about our leaders. They said India was a dead economy. They were not sensitive to the Indian psyche.'

Stock markets today: Sensex, Nifty jump as IT stocks lead rally

Stock markets today: Sensex, Nifty jump as IT stocks lead rally

Rediff.com3 Jul 2026

Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Rediff.com4 Jul 2026

'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'

Why Taiwan Is At The Heart Of US-China Rivalry

Why Taiwan Is At The Heart Of US-China Rivalry

Rediff.com29 Jun 2026

For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.

Delhi Fires Reveal A Grim Reality

Delhi Fires Reveal A Grim Reality

Rediff.com26 Jun 2026

We have built an economy that can deliver everything -- from iPhones to biryani -- to a doorstep in 10 minutes, but it cannot deliver a fire engine through a lane in 20, points out Amit Kapoor.

The Strategic Importance Of Pakistan's Gwadar Port For China

The Strategic Importance Of Pakistan's Gwadar Port For China

Rediff.com13 Jul 2026

Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).

July 8 Market Crash: 'Volatility Is Best Friend Of Investor'

July 8 Market Crash: 'Volatility Is Best Friend Of Investor'

Rediff.com9 Jul 2026

'Buy on dips, buy on dips and sell on rise.'

Corporate bond market raises Rs 16,000 crore, momentum to continue

Corporate bond market raises Rs 16,000 crore, momentum to continue

Rediff.com4 Jul 2026

The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.

India Owes Iran $7 Billion!

India Owes Iran $7 Billion!

Rediff.com17 Jun 2026

Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.