News for 'economy'

ADB trims India's FY27 growth projection to 6.6% amid West Asia crisis

ADB trims India's FY27 growth projection to 6.6% amid West Asia crisis

Rediff.com9 Jul 2026

The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.

Maharashtra Government Signs MoU For Kolhapur Cricket Stadium

Maharashtra Government Signs MoU For Kolhapur Cricket Stadium

Rediff.com21 Jul 2026

The Maharashtra government has signed an MoU with the Kolhapur District Cricket Association to build an international-standard cricket stadium and multi-sports hub in Kolhapur, featuring a 35,000-capacity stadium and facilities for various sports.

'Why Have The Number Of Jobs Created Fallen?'

'Why Have The Number Of Jobs Created Fallen?'

Rediff.com27 Jul 2026

'We have to pull 80 million workers out of agriculture and go back to where we were in 2014. That itself is going to be a huge task.' 'We have already lost time, and that is a catastrophe impending.''

Time To Make India Attractive To Foreign Capital

Time To Make India Attractive To Foreign Capital

Rediff.com22 Jul 2026

That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.

Olympic Gold Medallist Abhinav Bindra Calls For Education Reform Amid NEET Row

Olympic Gold Medallist Abhinav Bindra Calls For Education Reform Amid NEET Row

Rediff.com23 Jul 2026

Olympic gold medallist Abhinav Bindra and Grandmaster Nihal Sarin have voiced concerns over the ongoing NEET exam irregularities and student suicides. Bindra called for a transparent and merit-based education system, while Sarin highlighted the immense pressure students face. The protests, supported by activist Sonam Wangchuk, have seen students attempting to march to Parliament.

How Kerala Aims To Become A National AI And Emerging Technologies Hub

How Kerala Aims To Become A National AI And Emerging Technologies Hub

Rediff.com23 Jul 2026

Kerala Chief Minister V D Satheesan announced the state's vision to become a national hub for artificial intelligence and emerging technologies, coinciding with the launch of Naviq Technology by IBS Software Group. The state government is implementing initiatives like an AI-powered dashboard, a Global Job Watch Tower, and curriculum revisions to align with technological advancements and foster skill development in AI and semiconductor sectors.

Maruti Brezza Targets First-Time SUV Buyers

Maruti Brezza Targets First-Time SUV Buyers

Rediff.com24 Jul 2026

The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.

Gen Z Protests: 'Biggest Blow Has Been To The Prime Minister'

Gen Z Protests: 'Biggest Blow Has Been To The Prime Minister'

Rediff.com30 Jul 2026

'After more than 12 years in power, he has been forced to retreat under public pressure. The education minister's resignation is the biggest political climbdown of his government so far.'

'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.

Indian-Origin Founders Build Global Space Exchange

Indian-Origin Founders Build Global Space Exchange

Rediff.com3 Jul 2026

Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.

HDFC Bank, Axis Bank drag Sensex down amid margin concerns, US-Iran tensions

HDFC Bank, Axis Bank drag Sensex down amid margin concerns, US-Iran tensions

Rediff.com20 Jul 2026

Indian benchmark indices, Sensex and Nifty, closed lower due to significant selling in HDFC Bank and Axis Bank shares, driven by margin-related concerns and escalating US-Iran tensions, which also pushed crude oil prices higher.

India climbs to 11th among top FDI destinations in 2025, UN report reveals

India climbs to 11th among top FDI destinations in 2025, UN report reveals

Rediff.com8 Jul 2026

India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.

One Nation One Election rollout possible by 2029: Panel chief

One Nation One Election rollout possible by 2029: Panel chief

Rediff.com10 Jul 2026

A parliamentary committee is actively working to establish a mechanism for implementing the 'One Nation, One Election' reform, with its chairperson, PP Chaudhary, indicating that it could be fully operational by the 2029 general elections. Chaudhary highlighted that nearly 99 per cent of civil society stakeholders consulted have supported the proposal, which aims to mitigate an estimated Rs 7 lakh crore economic loss due to frequent polls.

If India Becomes A Doormat, The US Will Tread On It

If India Becomes A Doormat, The US Will Tread On It

Rediff.com23 Jul 2026

The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.

How Maharashtra Plans To Lead India In Quantum Technology

How Maharashtra Plans To Lead India In Quantum Technology

Rediff.com17 Jul 2026

Maharashtra Chief Minister Devendra Fadnavis announced the state's ambition to become India's leader in quantum technology. The state plans to build a robust ecosystem, align with the National Quantum Mission, and train over 5,000 professionals, recognising AI, semiconductors, and quantum tech as key pillars for future growth and global competitiveness.

'Stop, these are our sons and daughters': Sonia slams govt

'Stop, these are our sons and daughters': Sonia slams govt

Rediff.com24 Jul 2026

Congress Parliamentary Party chairperson Sonia Gandhi has launched a scathing attack on the Modi government, accusing it of responding to student demands for accountability and educational reforms with 'cowardice and wanton cruelty,' treating them as 'enemies of the nation.' She further alleged that the government has degraded India's education landscape and routinely chooses violence over dialogue.

US senators name India in sweeping Russia sanctions bill

US senators name India in sweeping Russia sanctions bill

Rediff.com15 Jul 2026

A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.

Farmers on way to protest in Delhi stopped at Haryana border

Farmers on way to protest in Delhi stopped at Haryana border

Rediff.com21 Jul 2026

Indian farmers staged a significant protest at the Shambhu border against a proposed India-US trade deal, fearing its detrimental effects on the domestic agricultural sector and demanding its immediate abandonment. They later ended their agitation after assurances from the Haryana Agriculture Minister regarding the release of detained farmers and a meeting with the Union Agriculture Minister.

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com15 Jul 2026

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

National Awards: 'Article 370' best film; Mammootty, Yami, Kartik best actor

National Awards: 'Article 370' best film; Mammootty, Yami, Kartik best actor

Rediff.com18 Jul 2026

The political drama 'Article 370' was the biggest winner at the 72nd National Film Awards, securing the best feature film honour, with its lead star Yami Gautam named best actress. Mammootty and Kartik Aaryan shared the best actor award for 'Bramayugam' and 'Chandu Champion' respectively.

Jasprit Bumrah trains with red ball after long break

Jasprit Bumrah trains with red ball after long break

Rediff.com5 Jul 2026

Jasprit Bumrah has started practicing with the red ball as he gears up for the two-Test series in Sri Lanka next month.

ONGC to build 1.75 mt strategic oil reserve in Mangaluru, boosting India's energy security

ONGC to build 1.75 mt strategic oil reserve in Mangaluru, boosting India's energy security

Rediff.com11 Jul 2026

State-run Oil and Natural Gas Corporation (ONGC) has approved the development of a 1.75 million tonnes (mt) strategic petroleum reserve (SPR) in Mangaluru, a project deemed of national importance, with plans for broad commercial utilisation.

'Paani Waali Train': 'This Is The Future Of Railway Mobility'

'Paani Waali Train': 'This Is The Future Of Railway Mobility'

Rediff.com18 Jul 2026

India has launched its first hydrogen-powered train, the 'Namo Green Rail', from Jind, Haryana, marking a significant step towards sustainable railway mobility. The 10-coach train, which emits only water vapour, is currently operating on the Jind-Sonipat route and represents a major technological advancement for the country's transport sector.

Modi stopped Putin from using nuclear weapons on Ukraine in 2022: Polish min

Modi stopped Putin from using nuclear weapons on Ukraine in 2022: Polish min

Rediff.com14 Jul 2026

Poland's Secretary of State, Wladyslaw T Bartoszewski, has credited Prime Minister Narendra Modi with preventing Russian President Vladimir Putin from using tactical nuclear weapons in Ukraine in late 2022, highlighting Modi's significant influence on the Russian leader.

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com20 Jul 2026

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

RBI: US-Iran Deal Shifts Risk Balance Favourably, But Oil Price Spikes Could Raise FX Volatility

RBI: US-Iran Deal Shifts Risk Balance Favourably, But Oil Price Spikes Could Raise FX Volatility

Rediff.com1 Jul 2026

The Reserve Bank of India's Financial Stability Report indicates that the interim peace deal between the US and Iran has favourably shifted the balance of risks, reducing headwinds from the West Asia conflict. However, it cautions that exchange rate volatility could increase if crude oil prices spike due to delayed normalisation of supply chain disruptions.

Iran has accepted 'just about everything' we wanted: Trump

Iran has accepted 'just about everything' we wanted: Trump

Rediff.com3 Jul 2026

US President Donald Trump has claimed that Iran has accepted "just about everything" the United States has demanded in ongoing indirect nuclear negotiations, particularly regarding denuclearisation. He also asserted that American forces repeatedly carried out military strikes that crippled Tehran's military infrastructure, including radar installations, and escorted commercial oil tankers through the Strait of Hormuz. Trump dismissed reports of Iran's strength, stating its military and economy were severely weakened.

Govt notice asks Telegram to curb pirated content or face action

Govt notice asks Telegram to curb pirated content or face action

Rediff.com4 Jul 2026

The Indian government has issued a notice to Telegram, demanding a crackdown on the widespread dissemination of pirated films and OTT content. The Ministry of Information and Broadcasting seeks an Action Taken Report within 15 days, emphasizing a shift towards platform accountability for copyright infringement, which is deemed a criminal offence.

Ram Temple Theft Hurt Devotees But...: Yogi

Ram Temple Theft Hurt Devotees But...: Yogi

Rediff.com15 Jul 2026

'The Ayodhya incident has certainly hurt the faith of all of us, of Ram devotees like us.'

'Diabetes Is Not A Disease, It Is Only A Disorder. So, Don't Panic'

'Diabetes Is Not A Disease, It Is Only A Disorder. So, Don't Panic'

Rediff.com23 Jul 2026

'Control your A, B, C and D.' 'A is A1C, keep your A1C below 7 per cent.' 'B is blood pressure, so keep your blood pressure at 130/ 80 or at least below 140/ 90.' 'C is cholesterol. The bad cholesterol is the LDL cholesterol, and it should be kept below 100, preferably below 70 or 50.' 'D is discipline like diet, exercise, sleep, no smoking, etc.' 'People with diabetes who follow A, B, C and D can live up to even 100 years of age without any complications.'

ISRO Talent Drain Triggers Government Action

ISRO Talent Drain Triggers Government Action

Rediff.com15 Jul 2026

The Department of Space has directed that requests for voluntary retirement or resignation from Group 'A' Scientific and Technical personnel associated with the prestigious Gaganyaan human spaceflight programme and other important missions should not be accepted as a matter of routine.

Smallcap Funds Surge; Experts Urge Discipline

Smallcap Funds Surge; Experts Urge Discipline

Rediff.com8 Jul 2026

Smallcap funds give investors access to businesses that can grow much faster than the broader economy.

New Funds For Indian Cinema!

New Funds For Indian Cinema!

Rediff.com11 Jul 2026

New financial investment funds, including Filmoney Global and CineNow, are entering the 22,000 crore Indian film business, aiming to establish Indian cinema as a new asset class for high-net-worth individuals and institutions, similar to the IPL.

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.