News for 'economy'

Why Is US Going Through This Madness?

Why Is US Going Through This Madness?

Rediff.com9 Aug 2025

The answer is to be found in the rise of the global south and in particular, the rise of China, explains Aakar Patel.

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

Look at India, Pak: Trump repeats truce claim after Putin meet

Look at India, Pak: Trump repeats truce claim after Putin meet

Rediff.com16 Aug 2025

Stressing that wars are "very bad", Trump said that he seems to have "an ability to end them, to get people together" for which he uses the "power of the United States".

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'

The Leverage Trump's US Has On Xi's China Has Shrunk

The Leverage Trump's US Has On Xi's China Has Shrunk

Rediff.com31 Jul 2025

The stock and bond markets told Trump firmly that any idea of isolating China would lead to harming the US economy and this forced Trump to backtrack, points out Aakar Patel.

Trump says Ukraine-Russia land swaps may be discussed, Kyiv to decide

Trump says Ukraine-Russia land swaps may be discussed, Kyiv to decide

Rediff.com16 Aug 2025

Trump reiterated that he is not negotiating on behalf of Ukraine, but rather aiming to bring the parties to the negotiating table.

Is China Killing India's Farming?

Is China Killing India's Farming?

Rediff.com25 Aug 2025

'China reduced its exports of urea to India gradually.' 'In 2020-2021 we imported 28 lakh tonnes of urea which reduced to 16 lakh tonnes in 2022-2023 and that has now reduced to 1 lakh tonnes in 2024-2025.'

Ashwin explains the IPL trade math behind the scenes

Ashwin explains the IPL trade math behind the scenes

Rediff.com11 Aug 2025

While CSK had one of its worst seasons in 2025, Ashwin played just nine games, taking seven wickets at an economy rate of 9.12.

The Alaska Fiasco: Lessons For India

The Alaska Fiasco: Lessons For India

Rediff.com16 Aug 2025

The point to note for India is that we must not panic. The United States may be our largest export destination, but high tariffs will not exactly mean gloom and doom. Sure, we can throw some morsels as we continue negotiating, but we must be firm that some red lines cannot be crossed, no matter what, asserts Shreekant Sambrani.

Gross GST mop-up rises 7.5%; refunds jump 67% in Jul

Gross GST mop-up rises 7.5%; refunds jump 67% in Jul

Rediff.com1 Aug 2025

Gross GST collection increased 7.5 per cent to about Rs 1.96 lakh crore in July on higher domestic revenues and taxes from imports. Gross Goods and Services Tax (GST) mop-up was Rs 1.82 lakh crore in July 2024. Last month, the collection was Rs 1.84 lakh crore.

India, China must move ahead with mutual respect, Jaishankar tells Wang Yi

India, China must move ahead with mutual respect, Jaishankar tells Wang Yi

Rediff.com19 Aug 2025

Chinese Foreign Minister Wang Yi's visit to India focuses on border talks with NSA Ajit Doval, amidst efforts to rebuild relations after the Galwan Valley clashes and rising India-US tensions.

'Corruption Is No Longer A Bad Word'

'Corruption Is No Longer A Bad Word'

Rediff.com5 Aug 2025

'When India opened its doors to the world, moving away from an agrarian to a market economy, everything, whether life or love, was commodified.'

'India is fastest growing market for SME segment'

'India is fastest growing market for SME segment'

Rediff.com21 Jul 2025

'India is a big market for StanC, and it is also fastest growing economy in the world.'

Amid Trump's tirade, Indian Army reminds US of Pak deal

Amid Trump's tirade, Indian Army reminds US of Pak deal

Rediff.com5 Aug 2025

In response to US criticism of India's oil imports from Russia, the Indian Army shared a 1971 news clip highlighting the US's role in arming Pakistan.

Van Schalkwyk first player to hit double century in Youth ODIs

Van Schalkwyk first player to hit double century in Youth ODIs

Rediff.com26 Jul 2025

Jorich Van Schalkwyk, the 18-year-old opener for South Africa Under-19, has made history by being the first batter to slam a double-century in men's Youth ODIs.

For IT cos, growth in Europe may only be temporary relief

For IT cos, growth in Europe may only be temporary relief

Rediff.com11 Aug 2025

With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.

Gaganyaan To Head To Space In Early 2027

Gaganyaan To Head To Space In Early 2027

Rediff.com25 Aug 2025

The Human-rated LVM3 vehicle, the Crew Escape System and the Crew Module and Service Module are all in final stages of testing and integration.

Indulging in trade with Russia themselves: India counters US

Indulging in trade with Russia themselves: India counters US

Rediff.com5 Aug 2025

India has strongly criticized the US and EU for their 'unjustified and unreasonable' targeting of New Delhi for its procurement of Russian crude oil, pointing out their own continued trade relations with Russia.

Ambani lists Reliance's four engines for growth

Ambani lists Reliance's four engines for growth

Rediff.com7 Aug 2025

Reliance Industries has built four high-powered growth engines of retail, digital services, media and entertainment, and new energy to propel the conglomerate's next phase of expansion, Chairman Mukesh Ambani said. Parallelly, Reliance is reshaping itself into a new-age deep-tech enterprise, he said in a message to shareholders in the firm's latest annual report.

India's shrimp exports hit by US tariffs, UK FTA offers slim relief

India's shrimp exports hit by US tariffs, UK FTA offers slim relief

Rediff.com31 Jul 2025

India's shrimp sector was pushed into uncertainty following US President Donald Trump's decision to impose a 25 per cent tariff on all goods imported into the US from India.

Trump threatens steeper tariffs on India over Russian oil buy

Trump threatens steeper tariffs on India over Russian oil buy

Rediff.com4 Aug 2025

"India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," Trump said in a social media post on Monday.

Modi hails 'Vijay Utsav' as Opposition gears up to corner govt

Modi hails 'Vijay Utsav' as Opposition gears up to corner govt

Rediff.com21 Jul 2025

Prime Minister Narendra Modi on Monday said Parliament's Monsoon session is like a 'Vijay Utsav' as the Indian armed forces achieved their objectives under Operation Sindoor 100 per cent, and expressed confidence that the MPs will articulate this sentiment in one voice.

Is This Why Trump Turned On India?

Is This Why Trump Turned On India?

Rediff.com9 Aug 2025

Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.

Modi's Diplomacy Needs To Get More Done

Modi's Diplomacy Needs To Get More Done

Rediff.com19 Aug 2025

One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.

Sonia, Rahul should apologise to nation for 'Hindu terror' claim: BJP

Sonia, Rahul should apologise to nation for 'Hindu terror' claim: BJP

Rediff.com31 Jul 2025

The BJP has accused the Congress party of fabricating the theory of 'Hindu terror' to undermine Narendra Modi and appease Muslim voters. This statement follows the acquittal of seven individuals in the Malegaon blast case. The BJP demands compensation for the acquitted and an apology from the prosecution.

CII expects GDP to grow 6.4-6.7% in FY26

CII expects GDP to grow 6.4-6.7% in FY26

Rediff.com3 Jul 2025

India's economy is expected to grow 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, the newly appointed CII president Rajiv Memani said on Thursday.

How Banana Dethroned Mango

How Banana Dethroned Mango

Rediff.com8 Jul 2025

The Gross Value of Output of bananas, adjusted for inflation, surpassed that of mangoes for the second consecutive year in 2023-24.

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.

Indian economy likely to be 'a little weaker' in 2025: IMF MD

Indian economy likely to be 'a little weaker' in 2025: IMF MD

Rediff.com11 Jan 2025

The Indian economy is expected to be "a little weaker" in 2025 despite steady global growth, IMF managing director Kristalina Georgieva has said. Georgieva also said she expects quite a lot of uncertainty in the world this year mainly around the trade policy of the US. In her annual media roundtable with a group of reporters on Friday, she said global growth is expected to be steady in 2025, but with regional divergence.

When FII & DII Buy Big, Should You Too?

When FII & DII Buy Big, Should You Too?

Rediff.com12 Aug 2025

In the Indian stock market, investors are interested in the actions of both domestic and foreign institutional investors (FIIs and DIIs). These groups have wealth as well as expertise in research, which makes them powerful participants in the Indian stock market. Their buy and sell positions have a large effect on stock prices and market sentiment due to the large volume.

'India Is Becoming Super India And Bharat Is Becoming Like Somalia'

'India Is Becoming Super India And Bharat Is Becoming Like Somalia'

Rediff.com8 Jul 2025

'The government's priority is not farmers.'

Khaleel second Indian to quit County C'ship mid season

Khaleel second Indian to quit County C'ship mid season

Rediff.com28 Jul 2025

He played just two first-class matches.

India's oil imports from Russia irritate US, says Marco Rubio

India's oil imports from Russia irritate US, says Marco Rubio

Rediff.com31 Jul 2025

A US official has stated that India's continued purchase of Russian oil is a point of contention in the relationship between the two countries, as it helps fund Russia's war efforts in Ukraine.

What's Pushing India-US Ties To Breaking Point?

What's Pushing India-US Ties To Breaking Point?

Rediff.com16 Aug 2025

The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.

India's Space Manufacturing Boom

India's Space Manufacturing Boom

Rediff.com15 Aug 2025

The $1.2 billion in-space manufacturing market is expected to grow and be worth more than $20 billion by 2033.

Maldives, India have unbreakable bond: Muizzu

Maldives, India have unbreakable bond: Muizzu

Rediff.com26 Jul 2025

Describing the Indian Ocean as a living testament to long-standing ties between the Maldives and India, Maldivian President Mohamed Muizzu has said that the two nations have forged a resilient and unbreakable bond that extends far beyond diplomacy.

Amazon Gives India $12.7B AI Boost

Amazon Gives India $12.7B AI Boost

Rediff.com11 Aug 2025

'The Indian developer community is one of the most vibrant communities.' 'Indian builders are incredibly passionate, curious, and excited to embrace new technologies.'

India slams US tariff hike as 'unfair, unjustified'

India slams US tariff hike as 'unfair, unjustified'

Rediff.com6 Aug 2025

The United States action of levying 25 per cent additional tariff on Indian goods is 'unfair, unjustified and unreasonable', India said on Wednesday in a firm reaction, signalling increasing tensions between the two strategic partners over New Delhi's energy ties with Moscow.

White House releases order imposing 25% tariffs on India

White House releases order imposing 25% tariffs on India

Rediff.com1 Aug 2025

The United States announced a 25 per cent tariff on India as the White House released an expansive list of duties that Washington, DC will impose on exports from countries around the world.

All Eyes on India's Surprise Debutant Kamboj

All Eyes on India's Surprise Debutant Kamboj

Rediff.com23 Jul 2025

The 24-year-old pacer, handed his maiden international cap, is being hailed as a 'good replacement' by former India quick Varun Aaron