News for 'economy'

India's fate at the Oval: All eyes on Bumrah's fitness

India's fate at the Oval: All eyes on Bumrah's fitness

Rediff.com30 Jul 2025

India's hopes of drawing the series at The Oval may hinge on one question: will Jasprit Bumrah play?

Shouldn't be poor are growing, while wealth is centralised: Gadkari

Shouldn't be poor are growing, while wealth is centralised: Gadkari

Rediff.com7 Jul 2025

Union Minister Nitin Gadkari voiced concerns about increasing poverty and wealth concentration, advocating for wealth decentralization and job creation in rural areas. He also highlighted the need for balanced sectoral contributions to GDP and discussed infrastructure development initiatives.

Time To Tackle The Digital Fraud Surge

Time To Tackle The Digital Fraud Surge

Rediff.com14 Aug 2025

We propose an expert group be set up to form a national strategy on digital fraud. This group would bring together skills in financial regulation, security economics, cyber defence, and public communications, and an understanding of the Indian financial and security systems. It should lay the foundations of a coordinated approach by the Indian State in fighting digital fraud, suggest Ajay Shah and Nandkumar Saravade.

'Daam Kam, Dum Zyada': Top quotes from Modi's I-Day speech

'Daam Kam, Dum Zyada': Top quotes from Modi's I-Day speech

Rediff.com15 Aug 2025

Prime Minister Narendra Modi addressed the nation on Independence Day, focusing on economic growth, self-reliance, and national security. He emphasized manufacturing quality products at affordable prices, supporting farmers, and combating terrorism and infiltration.

Sensex tanks 721 pts dragged by Bajaj Finance, foreign fund outflows

Sensex tanks 721 pts dragged by Bajaj Finance, foreign fund outflows

Rediff.com25 Jul 2025

Stock markets declined for the second day in a row on Friday, with the Sensex tumbling 721 points due to heavy selling in financial, IT and oil & gas shares amid persistent foreign fund outflows.

'Have Modi And Trump Fallen Out?'

'Have Modi And Trump Fallen Out?'

Rediff.com20 Aug 2025

'We should watch -- in the near term -- for signs that the two have totally fallen out at a personal, political level.' 'Trump and Modi know how to be dealmakers, but they also know how to hold a grudge.'

Why Is The US So Fond Of Asim Munir?

Why Is The US So Fond Of Asim Munir?

Rediff.com12 Aug 2025

Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the Pakistan desk at RA&W.

India, UK to sign trade pact on July 24; Goyal to accompany PM Modi

India, UK to sign trade pact on July 24; Goyal to accompany PM Modi

Rediff.com22 Jul 2025

Commerce and Industry Minister Piyush Goyal will accompany Prime Minister Narendra Modi to London for the signing of the free trade agreement between India and the UK on July 24, an official said on Monday. The two countries announced the conclusion of the negotiations for the trade agreement on May 6.

S&P ups India's FY26 GDP growth estimates to 6.5%

S&P ups India's FY26 GDP growth estimates to 6.5%

Rediff.com24 Jun 2025

S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.

'Markets Have Already Scaled A Wall Of Worry'

'Markets Have Already Scaled A Wall Of Worry'

Rediff.com7 Aug 2025

'From tariff tensions and border skirmishes to unrest in West Asia.' 'The worst may be behind us. But any further upmove will now have to come from earnings.'

'Pak Deftly Used Personal Diplomacy To Connect With Trump'

'Pak Deftly Used Personal Diplomacy To Connect With Trump'

Rediff.com8 Aug 2025

'As one former Indian diplomat put it to me, Delhi has access to the White House, but Islamabad has access to Mar-a-Lago.'

Trump's Tariffs: Why India Needs To Be Strategic

Trump's Tariffs: Why India Needs To Be Strategic

Rediff.com12 Aug 2025

In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.

RBI's decision to hold rate at 5.5% is misplaced? Or not?

RBI's decision to hold rate at 5.5% is misplaced? Or not?

Rediff.com6 Aug 2025

Mixed views were expressed by top economists on the Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to hold the repo rate at 5.5% and maintain a neutral stance. While some say the decision was as expected and one more rate reduction is expected this fiscal, there is also a view that rate cut by MPC was warranted given the evolving global situation.

'Will never compromise...': Modi's big remark amid Trump tariffs

'Will never compromise...': Modi's big remark amid Trump tariffs

Rediff.com7 Aug 2025

Prime Minister Narendra Modi on Friday said India will never compromise the interests of its farmers, fishermen and dairy farmers, asserting that he would be ready to pay any price.

Shortcuts Won't Build Industrial Capability

Shortcuts Won't Build Industrial Capability

Rediff.com28 Jul 2025

Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.

'Ended 5 wars': Trump again takes credit for India-Pak truce

'Ended 5 wars': Trump again takes credit for India-Pak truce

Rediff.com4 Aug 2025

Since May 10, when Trump announced on social media that India and Pakistan had agreed to a "full and immediate" ceasefire after a "long night" of talks mediated by Washington, he has repeated his claim on several occasions.

Why UP Expects 1.3 Billion Tourists This Year

Why UP Expects 1.3 Billion Tourists This Year

Rediff.com9 Jul 2025

This would be a 100 per cent jump over 2024, when the state had logged tourist inflow of 650 million

How India Is Dealing With Trump's Barbs, Threats

How India Is Dealing With Trump's Barbs, Threats

Rediff.com2 Aug 2025

'We are a responsible nation, and would prefer to deal with sensitive issues with the maturity they deserve rather than take to social media.'

Beyond Bumrah: New Indian Pace Heroes Emerge in England

Beyond Bumrah: New Indian Pace Heroes Emerge in England

Rediff.com9 Aug 2025

Siraj, Krishna, Akash Shine as India's Pace Future Takes Shape

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

Trump@6 Months: Resetting The Global Order

Trump@6 Months: Resetting The Global Order

Rediff.com30 Jul 2025

In the short run, the Trump presidency has already ensured one thing: The assumptions of the past can no longer guide the strategies of the future, points out Manish Dabhade.

Economy recovering from Q2 slowdown, says RBI bulletin

Economy recovering from Q2 slowdown, says RBI bulletin

Rediff.com24 Dec 2024

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. An article on the 'State of the Economy' in the December bulletin noted that the global economy continues to exhibit resilience with steady growth and moderating inflation.

Can Modiji Fix The Economy's Problems?

Can Modiji Fix The Economy's Problems?

Rediff.com7 Jan 2025

'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.

'Pakistan Does America's Dirty Work'

'Pakistan Does America's Dirty Work'

Rediff.com11 Aug 2025

'What the Americans want is to destabilise Iran. For destabilising Iran, you need access. 'One access is through Iraq. The other access is through Pakistan.'

India's Foreign Policy Needs Strategic Expansion

India's Foreign Policy Needs Strategic Expansion

Rediff.com12 Aug 2025

The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.

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.

NDA rallies behind Modi after Trump's 25% tariff on India, slams Oppn

NDA rallies behind Modi after Trump's 25% tariff on India, slams Oppn

Rediff.com31 Jul 2025

The lawmakers slammed opposition leaders over their remarks on the development, alleging that they were "happy" with the US government's move when "everyone" should be standing together in such a situation.

Barack Obama arrested? Trump posts 'video'

Barack Obama arrested? Trump posts 'video'

Rediff.com21 Jul 2025

United States President Donald Trump on Monday shared an AI-generated video of showing former President Barack Obama being arrested.

Prospects of economy expected to improve in 2025: RBI Guv

Prospects of economy expected to improve in 2025: RBI Guv

Rediff.com30 Dec 2024

Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025. "As we strive to preserve financial stability to support a higher growth path for the Indian economy, our focus remains steadfast on maintaining stability of financial institutions and, more broadly, systemic stability," Malhotra said in foreword to the Financial Stability Report.

How British Airways Treated Chess Star!

How British Airways Treated Chess Star!

Rediff.com15 Jul 2025

Arjun Erigaisi had to face involuntary downgrade from business class, rude staff and above all baggage loss.

'Trump frustrated with India trade talks, feels 25% tariff will fix issues'

'Trump frustrated with India trade talks, feels 25% tariff will fix issues'

Rediff.com31 Jul 2025

US President Donald Trump expresses frustration with the lack of progress in trade talks with India, imposing a 25% tariff. The move comes amid concerns over trade deficits and India's reliance on Russian military equipment and energy.

India, UK trade deal will unlock thousands of jobs

India, UK trade deal will unlock thousands of jobs

Rediff.com24 Jul 2025

India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around $34 billion annually.

The 25 Books Banned In Kashmir

The 25 Books Banned In Kashmir

Rediff.com8 Aug 2025

Bookstore owners were cautioned against keeping or distributing the books. Police personnel briefed the bookstore owners about the legal consequences of violating the ban.

Should India rethink US ties after Trump's Pak tilt?

Should India rethink US ties after Trump's Pak tilt?

Rediff.com31 Jul 2025

Strategic affairs experts express concern over US President Donald Trump's tariffs on India, his 'bullying tactics,' and increasing attempts to hyphenate New Delhi with Islamabad, signaling a potential shift in the bilateral relationship.

Why Bumrah Failed to Rescue India at Old Trafford

Why Bumrah Failed to Rescue India at Old Trafford

Rediff.com26 Jul 2025

India endured arguably their worst day on the field on Day 3 of the Manchester Test as Joe Root's record-breaking 150 put the hosts in complete command.

India, UK to sign free trade agreement on Thursday in London

India, UK to sign free trade agreement on Thursday in London

Rediff.com23 Jul 2025

India and the UK will sign a free trade agreement on Thursday in London that will allow export of labour-intensive products such as leather, footwear and clothing at concessional rates, while making imports of whisky and cars from Britain cheaper. The pact also helps double trade between the two economies to $120 billion by 2030.

'There is a slowdown in the economy'

'There is a slowdown in the economy'

Rediff.com7 Feb 2025

'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'

How India, UK will benefit from the free trade deal

How India, UK will benefit from the free trade deal

Rediff.com24 Jul 2025

India on Thursday signed a free trade agreement, officially dubbed as the Comprehensive Economic and Trade Agreement (CETA), with the UK - its 16th trade pact so far - as the country aims to boost bilateral trade and investments.

Manmohan Singh's reforms transformed India, unshackled economy: Economists

Manmohan Singh's reforms transformed India, unshackled economy: Economists

Rediff.com27 Dec 2024

Former Prime Minister Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund (IMF) Gita Gopinath said on Friday.

RBI to 'wait and watch' before further rate cuts: Governor Malhotra

RBI to 'wait and watch' before further rate cuts: Governor Malhotra

Rediff.com16 Jul 2025

Reserve Bank will "wait and watch" the evolving situation before deciding on any further rate cut, Governor Sanjay Malhotra has said as he emphasised that both growth and price stability are equally important. With inflation on a downward trend, the RBI's Monetary Policy Committee (MPC) has been reducing the benchmark repo rate and has adopted a neutral stance, which also gives the flexibility to either cut or hike the rate going forward. The central bank has cummulatively reduced the repo rate by 100 basis points since February.