News for 'global economy'

India deplores attacks on ships in Strait of Hormuz at UNSC

India deplores attacks on ships in Strait of Hormuz at UNSC

Rediff.com29 Apr 2026

India has expressed strong concerns over attacks on commercial ships in the Strait of Hormuz, citing its importance to India's energy and economic security. Ambassador Yojna Patel highlighted the need to respect international law and ensure the safety of seafarers, while also addressing broader Middle East issues including the situation in Gaza and Lebanon.

Mark Mobius: The Champion of Emerging Markets

Mark Mobius: The Champion of Emerging Markets

Rediff.com17 Apr 2026

'Mobius made EMs investable and India his most enduring belief.'

Global economy returning to normalcy: PM

Global economy returning to normalcy: PM

Rediff.com1 Sep 2009

Prime Minister Manmohan Singh said on Tuesday the global economic downturn which had affected Indian economy as well, is now coming to an end with slow return to normalcy.

India Should Have Been Better Prepared For Gulf War

India Should Have Been Better Prepared For Gulf War

Rediff.com17 Mar 2026

'Our diplomacy should have been focused on preventing war and avoiding the inevitable disruptions it would cause, posing a real risk to India's growth story,' asserts former foreign secretary Shyam Saran.

Why RBI Should Stop Defending Rupee

Why RBI Should Stop Defending Rupee

Rediff.com27 Apr 2026

The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.

What Is The Thucydides Trap That Xi Warned Trump About?

What Is The Thucydides Trap That Xi Warned Trump About?

Rediff.com14 May 2026

An explainer on the 'Thucydides Trap' and its relevance to current tensions between the United States and China, as discussed by President Xi Jinping.

'India to remain a bright spot of the global economy'

'India to remain a bright spot of the global economy'

Rediff.com7 Jan 2016

China is estimated to grow at 6.7 per cent in 2016.

NVIDIA CEO: AI Driving Trillion-Dollar Infrastructure Boom and Blue-Collar Job Creation

NVIDIA CEO: AI Driving Trillion-Dollar Infrastructure Boom and Blue-Collar Job Creation

Rediff.com11 Mar 2026

NVIDIA CEO Jensen Huang argues that Artificial Intelligence is driving the largest infrastructure buildout in human history, requiring trillions of dollars in investment and creating significant demand for skilled blue-collar labour.

Governor Ravi Urges Collective Effort to Restore West Bengal's Glory

Governor Ravi Urges Collective Effort to Restore West Bengal's Glory

Rediff.com15 Apr 2026

West Bengal Governor RN Ravi has called for collective efforts to restore the state's past glory, highlighting concerns over economic and educational indicators. His remarks coincided with Chief Minister Mamata Banerjee criticising him for allegedly 'abusing' her instead of extending New Year greetings.

Trump's War Has Crossed Energy Rubicon. And There's No Turning Back

Trump's War Has Crossed Energy Rubicon. And There's No Turning Back

Rediff.com19 Mar 2026

For weeks, the war skirted the edge of catastrophe without tipping over. Missiles flew, there was much destruction, commanders were assassinated, cities across the Gulf and even in Israel struggled to absorb the shock. But one line held: Energy infrastructure, the arteries of the global economy, remained largely untouched. That is no longer true. Prem Panicker continues his must read daily blog on the Gulf War.

GIFT City Raises A Glass to Global Business

GIFT City Raises A Glass to Global Business

Rediff.com24 Dec 2025

The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility.

Why Is India On US Priority Watch List For IP Rights?

Why Is India On US Priority Watch List For IP Rights?

Rediff.com1 May 2026

India is among six countries on the priority watch list in a US report addressing the protection and enforcement of intellectual property rights.

Netas Walk Modi's Talk On Austerity

Netas Walk Modi's Talk On Austerity

Rediff.com20 May 2026

In response to Prime Minister Narendra Modi's call for austerity, political leaders are reducing convoys and promoting public transport to conserve fuel.

The Significance Of Rajnath Singh's Vietnam Visit

The Significance Of Rajnath Singh's Vietnam Visit

Rediff.com23 May 2026

Vietnam is an emerging regional power and a closer relationship with Hanoi is closely aligned with Prime Minister Narendra Modi's Act East Policy, points out Dr Rajaram Panda.

Gulf region braces for low-key Eid amid conflict, security concerns

Gulf region braces for low-key Eid amid conflict, security concerns

Rediff.com19 Mar 2026

Citizens and residents across the Gulf region are preparing for Eid amidst regional conflict, impacting festivities and daily life.

Hormuz Hopes Drive Market Surge

Hormuz Hopes Drive Market Surge

Rediff.com28 Apr 2026

Is the current rally telegraphing a durable peace plan in West Asia, boosted by United States (US) President Donald Trump's incoherent and contradictory posts on social media?

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com19 May 2026

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

Rediff.com18 Apr 2026

ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.

Aviation Stocks Soar on US-Iran Ceasefire, Oil Price Plunge

Aviation Stocks Soar on US-Iran Ceasefire, Oil Price Plunge

Rediff.com8 Apr 2026

Aviation stocks experienced a significant surge following the announcement of a two-week ceasefire between the US and Iran, which led to a sharp decline in crude oil prices. This development has positively impacted stock markets and the broader economic outlook for India.

US raises concerns over India's data protection, internet shutdown policies

US raises concerns over India's data protection, internet shutdown policies

Rediff.com10 Apr 2026

The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.

How India Can Beat Global Tech Giants

How India Can Beat Global Tech Giants

Rediff.com18 Nov 2025

With a confident new generation of innovators, India now has the scale and self-belief to shape its own digital destiny marked by creation, observes Ajay Kumar chairman, UPSC.

World Earth Day 2026: History, Significance, Quotes & Why It Matters More Than Ever

World Earth Day 2026: History, Significance, Quotes & Why It Matters More Than Ever

Rediff.com22 Apr 2026

World Earth Day 2026 is celebrated on April 22 to promote environmental protection. Know its history, significance, theme, inspiring quotes, and why it matters more than ever today.

Thousands Brave Rain for Jammu's Inaugural International Marathon

Thousands Brave Rain for Jammu's Inaugural International Marathon

Rediff.com29 Mar 2026

Thousands of runners participated in Jammu's first international marathon, braving incessant rain. The event featured multiple race categories, celebrity participation, and a significant prize pool, aiming to boost tourism and promote a healthy lifestyle.

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

West Asia Conflict to Push India's Fiscal Deficit to 4.5% of GDP

Rediff.com22 Apr 2026

India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.

Ready to restart war, awaiting US approval: Israel

Ready to restart war, awaiting US approval: Israel

Rediff.com24 Apr 2026

Israel's Defence Minister Israel Katz has stated that Israel is prepared to escalate military action against Iran, pending approval from the United States. This comes as US President Donald Trump says he would not use nuclear weapons in any conflict with Iran, while also claiming the US has 'total control' over the Strait of Hormuz.

Even If US, Iran Signed Deal Today, Hormuz Strait Won't...

Even If US, Iran Signed Deal Today, Hormuz Strait Won't...

Rediff.com23 Apr 2026

...reopen for up to six months. Until then, the Strait stays nearly closed. The world pays. And no one, including the man who started this, can say when it ends, notes Prem Panicker in his must read blog on the Iran War.

Why The UPSC Is India's Most Competitive Exam

Why The UPSC Is India's Most Competitive Exam

Rediff.com18 May 2026

rediffGURU Nayagam PP, career counsellor and founder of EduJob360 explains why cracking the UPSC exam is a dream for lakhs of young Indians.

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Rediff.com31 Mar 2026

Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.

PM hopes G20 leaders will put global economy on track

PM hopes G20 leaders will put global economy on track

Rediff.com2 Nov 2011

Prime Minister Manmohan Singh on Tuesday expected the Summit of world's 20 leading economies to signal a 'strong and coordinated approach' to put the global economy back on track, while addressing medium term structural issues.

G20 promises transparency on rate moves as global economy disappoints

G20 promises transparency on rate moves as global economy disappoints

Rediff.com5 Sep 2015

IMF members will also be examining whether China's heavy intervention in the yuan market was befitting of a freely convertible reserve currency

Conflict with US, Israel in 'no war, no peace' state: Iran's envoy

Conflict with US, Israel in 'no war, no peace' state: Iran's envoy

Rediff.com2 May 2026

Iran's representative in India, Abdul Majeed Hakeem Ilahi, describes the ongoing tensions between Iran and the US-Israel alliance as a state of 'no war, no peace,' calling for an immediate halt to the conflict and questioning the lack of pressure on the US and Israel to cease aggression.

Will China Now Attack Taiwan?

Will China Now Attack Taiwan?

Rediff.com19 May 2026

Chinese leaders, including its generals, will have to weigh whether they can win a war if they ever attack Taiwan and if at all, can they sustain the subsequent devastation, notes Rup Narayan Das.

Asim Munir becoming 'huge favourite' of...: Cong slams govt over Pak's role in US-Iran deal

Asim Munir becoming 'huge favourite' of...: Cong slams govt over Pak's role in US-Iran deal

Rediff.com20 Apr 2026

The Congress party has criticised the Modi government over Pakistan's involvement in US-Iran peace talks, calling it a 'monumental setback' for India's diplomatic efforts.

'A Big Chunk Of India's Office Workers Will End Up Becoming Part Of The Gig Economy'

'A Big Chunk Of India's Office Workers Will End Up Becoming Part Of The Gig Economy'

Rediff.com3 Dec 2025

'More and more people from the middle class will become self-employed gig workers mostly working from home, rather than as office workers with salary, promotion, bonuses, etc.'

War Exposes Cracks in US-Israel Alliance

War Exposes Cracks in US-Israel Alliance

Rediff.com20 Mar 2026

Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.

IMD forecasts below normal monsoon this year due to El Nino risk

IMD forecasts below normal monsoon this year due to El Nino risk

Rediff.com13 Apr 2026

The India Meteorological Department (IMD) has predicted below normal monsoon rains for India this year, citing the potential emergence of El Nino conditions. This could significantly impact the country's agriculture-dependent economy.

How a single diplomatic headline triggers a 1,000-point swing?

How a single diplomatic headline triggers a 1,000-point swing?

Rediff.com12 Mar 2026

In the present hyper-connected world, there are many domestic and global factors that affect financial markets. Of them, the most powerful and often least predictable are geopolitical events, which often boil down to one diplomatic headline.

'The global economy has not done well as predicted'

'The global economy has not done well as predicted'

Rediff.com10 Nov 2015

'We need to do more to accelerate growth.'

Exporters' body flags rising freight costs, seeks liquidity help from RBI

Exporters' body flags rising freight costs, seeks liquidity help from RBI

Rediff.com18 Apr 2026

The Federation of Indian Export Organisations (FIEO) has appealed to the Reserve Bank of India (RBI) for liquidity support to Indian exporters, citing a significant increase in freight costs and extended payment cycles due to the ongoing West Asia conflict.

Iran launches fresh strikes on US bases

Iran launches fresh strikes on US bases

Rediff.com7 Mar 2026

The IRGC said the barrage targeted several US military facilities in the region, including bases at Sheikh Isa in Bahrain, Juffair in Bahrain, Ali al-Salem in Kuwait and Al Azraq in Jordan.