News for 'economy'

Injury-hit Arundhati ready for World Cup opener vs Sri Lanka

Injury-hit Arundhati ready for World Cup opener vs Sri Lanka

Rediff.com28 Sep 2025

Fast bowler Arundhati Reddy is likely to be fit for India's women's World Cup 2025 opener against Sri Lanka on September 30 after figuring in the second warm-up match against New Zealand and taking two wickets in nine overs on Saturday.

IPO-bound Tata Capital bets on green energy financing, tech push for growth

IPO-bound Tata Capital bets on green energy financing, tech push for growth

Rediff.com3 Oct 2025

Tata Capital Ltd, set to launch its IPO next week, has identified green financing and digital innovation as its core growth pillars, backed by the merger of its IFC-backed subsidiary Tata Cleantech Capital in 2024. By FY25, the cleantech and infrastructure finance book reached Rs 18,000 crore, growing at a 31.8 per cent CAGR over the last two years, the NBFC said on Friday.

India, Canada unveil roadmap to revive ties

India, Canada unveil roadmap to revive ties

Rediff.com13 Oct 2025

India and Canada have unveiled a roadmap to boost cooperation in trade, critical minerals, and energy, signaling efforts to rebuild strained relations following the killing of a Sikh separatist in 2023. Discussions include addressing concerns over pro-Khalistan elements and pursuing a balanced partnership.

'Wildlife is our duty': Anil Kumble's next challenge

'Wildlife is our duty': Anil Kumble's next challenge

Rediff.com8 Oct 2025

Former India skipper Anil Kumble has been appointed as the ambassador for wildlife conservation by the Karnataka government on Wednesday.

RBI in no hurry to launch digital currency nationwide

RBI in no hurry to launch digital currency nationwide

Rediff.com8 Oct 2025

The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.

RBI raises FY26 GDP growth projection to 6.8%

RBI raises FY26 GDP growth projection to 6.8%

Rediff.com1 Oct 2025

The Reserve Bank on Wednesday revised upward its growth estimates for the current fiscal year to 6.8 per cent and lowered its inflation projection to 2.6 per cent based on an above-normal monsoon and the rationalisation of GST rates.

RBI announces slew of measures to promote rupee

RBI announces slew of measures to promote rupee

Rediff.com1 Oct 2025

In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade.

Visa Shock Stalls India's Talent Race

Visa Shock Stalls India's Talent Race

Rediff.com13 Oct 2025

If the Indian government is indeed serious about reversing brain drain, it needs to put much more emphasis on research and innovation, especially in areas that will determine the future, asserts Prosenjit Datta.

Noel vs Mehli: Power struggle breaks out in Tata Trusts

Noel vs Mehli: Power struggle breaks out in Tata Trusts

Rediff.com7 Oct 2025

Tata Trusts, which exerts decisive influence over India's most valuable conglomerate through its about 66 per cent stake of Tata Sons, finds itself in the midst of infighting among its trustees over board appointment and governance issues.

Taking steps to reduce crude oil, gas imports: Modi

Taking steps to reduce crude oil, gas imports: Modi

Rediff.com14 Sep 2025

Prime Minister Narendra Modi on Sunday said the Bharatiya Janata Party-led central government is taking steps to reduce imports of crude oil and gas, focusing more on exploration of fossil fuels and green energy.

'Pakistan May Get More Adventurous Towards India'

'Pakistan May Get More Adventurous Towards India'

Rediff.com4 Oct 2025

'What we need to watch is how Saudi Arabia's financial assistance will be used by Pakistan. If the funds go to build their military hardware and operations, it should worry us.'

At Team India's Nets In Dubai

At Team India's Nets In Dubai

Rediff.com18 Sep 2025

Team India got down to business with a high-energy practice session in Dubai on Wednesday.

Maha shops eateries, theatres get 24x7 nod; bars excluded

Maha shops eateries, theatres get 24x7 nod; bars excluded

Rediff.com3 Oct 2025

The GR says that shops and commercial establishments may remain open on all days of the week, provided that every employee is allowed a continuous rest period of at least 24 hours in a week.

India all prepped and focussed for Pakistan game

India all prepped and focussed for Pakistan game

Rediff.com4 Oct 2025

'We want our girls to bring their A game on the day. We want them to take it just as a game because the World Cup is a long campaign.'

Not even...: Taliban on Trump's Bagram air base demand

Not even...: Taliban on Trump's Bagram air base demand

Rediff.com21 Sep 2025

The statement, made during a special interview with Tolo News, came days after the US President said that Washington was trying to regain control of the base, which is currently under the control of the Taliban government after the US and its allied troops withdrew from the country in 2021.

Fast, big, agile: India powers SAP's global growth engine like never before

Fast, big, agile: India powers SAP's global growth engine like never before

Rediff.com30 Sep 2025

India remains one of the largest and fastest-growing markets for SAP, and the scale of products being built in the country is bigger compared to other geographies, Manish Prasad, president and managing director of SAP India, said. "The beauty of India is scale, size, and agility.

India not pushing for an alternative to US dollar

India not pushing for an alternative to US dollar

Rediff.com10 Sep 2025

Chief Economic Adviser V Anantha Nageswaran on Wednesday said that the country is not pursuing any proposal to replace the US dollar as international currency for global trade. "No, certainly not. I think India is not part of any such initiative," he said in response to a question if India is looking at an alternative currency to the US dollar for global trade.

India's manufacturing activity falls to 4-month low in Sep

India's manufacturing activity falls to 4-month low in Sep

Rediff.com1 Oct 2025

India's manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to one-year low, a monthly survey said on Wednesday.

Chakravarthy banks on old ball to weave his magic

Chakravarthy banks on old ball to weave his magic

Rediff.com25 Sep 2025

'...if you are bowling in the powerplay or right after the powerplay, there's not much help from the wicket.'

'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.'

Bulls prowl D-Street: Sensex jumps 716 points

Bulls prowl D-Street: Sensex jumps 716 points

Rediff.com1 Oct 2025

From the Sensex firms, Tata Motors jumped the most by 5.54 per cent, followed by Kotak Mahindra Bank, Trent, Sun Pharma, Axis Bank, and ICICI Bank. However, Bajaj Finance, State Bank of India, UltraTech Cement and Tata Steel were among the laggards.

Plan To Travel During Diwali?

Plan To Travel During Diwali?

Rediff.com19 Sep 2025

'This festival season, advance airfares for major metros are up 20 to 25 per cent from last year.'

Fuel efficiency norms allow carmakers to pool with others

Fuel efficiency norms allow carmakers to pool with others

Rediff.com6 Oct 2025

The move offers flexibility in compliance but also places penalties squarely on the designated manager of such a pool.

From 1905 cry to Modi's 'Vocal for Local': NCERT's new Swadeshi lessons

From 1905 cry to Modi's 'Vocal for Local': NCERT's new Swadeshi lessons

Rediff.com3 Oct 2025

Two modules published by the NCERT, Swadeshi: Vocal for Local (for middle stage) and Swadeshi: For a Self-Reliant India (for secondary stage), carry excerpts from the prime minister's Independence Day address in which he stressed that self-reliance would drive India's journey towards a Viksit Bharat.

Piyush Goyal urges India Inc to pass on GST benefits to consumers

Piyush Goyal urges India Inc to pass on GST benefits to consumers

Rediff.com4 Sep 2025

Union Commerce and Industry Minister Piyush Goyal on Thursday described the reduction in GST rates as "game-changing" and the "biggest reform" since independence, as he asked the industry to pass on the full benefit to consumers.

China slams US tariffs on India, urges closer India-China trade ties

China slams US tariffs on India, urges closer India-China trade ties

Rediff.com8 Sep 2025

China firmly opposes the Trump administration's 50 percent tariffs on India as it is "unfair and unreasonable" and New Delhi and Beijing should scale up economic ties to jointly counter the challenge, Chinese ambassador Xu Feihong said on Monday.

Asia Cup: Arshdeep Singh set to create history!

Asia Cup: Arshdeep Singh set to create history!

Rediff.com7 Sep 2025

The left-arm pacer is just one wicket away from becoming the first Indian bowler to claim 100 wickets in T20 Internationals.

India Eyes Self-Reliance in Rare-Earth Magnet Production

India Eyes Self-Reliance in Rare-Earth Magnet Production

Rediff.com9 Oct 2025

The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.

'India needs capital support in aerospace and defence'

'India needs capital support in aerospace and defence'

Rediff.com21 Sep 2025

'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'

AI and trade deals are driving India's services exports

AI and trade deals are driving India's services exports

Rediff.com6 Oct 2025

India's computer services exports have risen 30 per cent since the advent of ChatGPT in November 2022, even as overall services exports have plateaued, World Bank's South Asia Chief Economist Franziska Ohnsorge said, terming Artificial Intelligence (AI) and the conclusion of more trade agreements that can trigger a "manufacturing renaissance", as the two big investment opportunities for India in coming years.

'Inaccurate before..' Bumrah lashes out at Kaif!

'Inaccurate before..' Bumrah lashes out at Kaif!

Rediff.com25 Sep 2025

The observation, however, did not go down well with Bumrah, who responded to Kaif by saying, "Inaccurate before inaccurate again.'

Road Ahead For Nepal Not An Easy One

Road Ahead For Nepal Not An Easy One

Rediff.com23 Sep 2025

The GenZ violence that engulfed Nepal is not only against nepo-babies -- its anger is broader and riddled with contradictions, making it difficult for interim PM Sushila Karki, points out Aditi Phadnis.

'Money Is Not A Problem For Me'

'Money Is Not A Problem For Me'

Rediff.com10 Sep 2025

'I can sanction projects worth Rs 20 trillion annually as of today.' 'But my system is only capable of executing projects worth Rs 3 trillion to Rs 4 trillion.'

'Money Alone Does Not Buy Trust Or Votes'

'Money Alone Does Not Buy Trust Or Votes'

Rediff.com9 Oct 2025

'Bihar's voters' electoral memory is long, and their evaluations are relational; who came to the village, who followed up, who resolved a problem.'

'Double dose of reforms': Modi hails 'simpler' GST

'Double dose of reforms': Modi hails 'simpler' GST

Rediff.com4 Sep 2025

Prime Minister Narendra Modi lauded the GST Council's overhaul of the Goods and Services Tax (GST) regime, calling it 'GST 2.0' and a significant boost for national growth. He highlighted the simplification of the tax system and the introduction of new rates.

'Rest Bumrah For Pakistan Game'

'Rest Bumrah For Pakistan Game'

Rediff.com19 Sep 2025

'So he's available for the bigger match, which is against Sri Lanka.'

Why India needs Kuldeep's spin magic in Asia Cup

Why India needs Kuldeep's spin magic in Asia Cup

Rediff.com3 Sep 2025

Kuldeep Yadav has a good record in T20 Internationals with 69 wickets in 40 matches at an economy rate of 6.77, with a best of 5/17 against South Africa.

China, India fuel Ukraine war via Russian oil buy: Trump at UNGA

China, India fuel Ukraine war via Russian oil buy: Trump at UNGA

Rediff.com23 Sep 2025

US President Donald Trump accused China and India of being the "primary funders" of the Ukraine war by continuing to purchase Russian oil during his address to the UN General Assembly. He also criticized NATO countries for not cutting off Russian energy.

How Kohli inspired this teenager to play for Australia

How Kohli inspired this teenager to play for Australia

Rediff.com22 Sep 2025

Aryan Sharma, a 17-year-old inspired by Virat Kohli, saw his 2018 message to the Indian batting great to 'watch him play for Australia in 2025' come to life.

HC stays K'taka order capping movie ticket prices at Rs 200

HC stays K'taka order capping movie ticket prices at Rs 200

Rediff.com23 Sep 2025

The Karnataka high court stayed enforcement of the Karnataka Cinemas (Regulation) (Amendment) Rules, 2025, which fixed a cap for movie ticket prices at Rs 200 across the state.