News for 'global economy'

AI can help India achieve Viksit Bharat goal, but poses high risk to jobs: IMF chief

AI can help India achieve Viksit Bharat goal, but poses high risk to jobs: IMF chief

Rediff.com20 Feb 2026

IMF Managing Director Kristalina Georgieva discusses the potential of artificial intelligence to boost global growth, particularly in India, while also addressing the significant risks of job displacement and financial instability.

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com23 Apr 2026

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

India Introduces AI Curriculum for Classes 3-8: What It Means for Students

India Introduces AI Curriculum for Classes 3-8: What It Means for Students

Rediff.com1 Apr 2026

Union Education Minister Dharmendra Pradhan launched an artificial intelligence and computational thinking curriculum for classes 3 to 8, aiming to integrate structured AI education into the school system.

IPL 2026: KKR Sign Blessing Muzarabani As Mustafizur's Replacement

IPL 2026: KKR Sign Blessing Muzarabani As Mustafizur's Replacement

Rediff.com13 Mar 2026

Kolkata Knight Riders have signed Zimbabwe fast bowler Blessing Muzarabani as a replacement for Mustafizur Rahman for IPL 2026, which is scheduled to start on March 28.

Public Cloud Service Drives Oracle India's Double-Digit Run

Public Cloud Service Drives Oracle India's Double-Digit Run

Rediff.com18 Feb 2026

'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'

Rs 14 Trillion Investor Wealth Wiped Out

Rs 14 Trillion Investor Wealth Wiped Out

Rediff.com7 Mar 2026

Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.

'Worst Gulf Crisis For Migrants In 50 Years'

'Worst Gulf Crisis For Migrants In 50 Years'

Rediff.com6 Mar 2026

'In India, there is this first generation migrant, say from a small village in UP. He didn't go to the Gulf to buy a big house but make the life of his family better.' 'He may have paid 1 lakh rupees to an agent to go to the Gulf. Imagine what will happen to him and his family if he has to come back. He and his family will become poor again.' 'He went to the Gulf to come out of poverty, but this war will make his family trapped in poverty once again.'

Gulf War: US, Israel Didn't Expect This To Happen

Gulf War: US, Israel Didn't Expect This To Happen

Rediff.com27 Mar 2026

The United States, which entered this war in expectation of a short, sharp win along the Venezuela model, is now preparing for deeper involvement in a conflict it does not fully control, without the allies it typically relies on, against an adversary that is not behaving as expected, in a global environment that is already absorbing economic shock. Prem Panicker continues his must read daily blog on the Gulf War.

Iran Ceasefire Hours From Collapse

Iran Ceasefire Hours From Collapse

Rediff.com21 Apr 2026

Trump has made it clear: the US will not lift its blockade of Iranian ports until a deal is signed.

Petrol Prices Stay Put For Now

Petrol Prices Stay Put For Now

Rediff.com10 Mar 2026

If the conflict continues for a prolonged period, State-run oil companies may have to review retail fuel prices accordingly.

How Shantanu Narayen Transformed Adobe

How Shantanu Narayen Transformed Adobe

Rediff.com16 Mar 2026

For many outside the technology sector, Shantanu Narayen's impact may not always be visible, but his leadership quietly transformed how millions of people learn, work, create and run businesses across the world.

India Inc lauds Budget for bold bets on AI, data centres

India Inc lauds Budget for bold bets on AI, data centres

Rediff.com1 Feb 2026

India Inc on Sunday hailed the Union Budget 2026-27 as a 'structural shift' in the country's technology landscape, noting that the government is moving beyond fragmented pilots to build foundational layers where AI serves as a 'horizontal enabler' for the entire economy.

Hormuz Blockade Is The New Battlefield

Hormuz Blockade Is The New Battlefield

Rediff.com16 Apr 2026

The clock on the ceasefire is running out. But everyone's already whispering about round two, possibly as soon as this weekend.

Pichai: AI Ushers in Era of Hyper Progress

Pichai: AI Ushers in Era of Hyper Progress

Rediff.com19 Feb 2026

Google CEO Sundar Pichai highlighted the transformative potential of AI at the India AI Impact Summit, emphasizing its role in scientific discovery, economic development, and workforce evolution.

Attack that killed Indian crew member was deliberate: Safesea chief

Attack that killed Indian crew member was deliberate: Safesea chief

Rediff.com13 Mar 2026

The chairman of maritime company Safesea Group has described the attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, as "deliberate and calculated". He emphasised the need for governments to ensure the safety of commercial shipping lanes and seafarers.

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Rediff.com8 Apr 2026

By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.

The Clock In Islamabad Is Ticking. And The World Is Watching Anxiously...

The Clock In Islamabad Is Ticking. And The World Is Watching Anxiously...

Rediff.com9 Apr 2026

The delegations from the US and Iran head to Islamabad on Friday, carrying a ceasefire that is already fraying, a Strait that is technically open and practically closed, and a negotiating agenda that would challenge even parties actually negotiating in good faith, which these groups are not. Prem Panicker continues his must read blog on the Iran War.

The US Is Turning The World Topsy-Turvy

The US Is Turning The World Topsy-Turvy

Rediff.com6 Feb 2026

A bewildered world is at a loss to find bilateral and multilateral measures to stop President Trump from pursuing his vision of a world unabashedly dominated by the United States, points out T P Sreenivasan.

Budget 2026 backs jobs, tech and capital markets

Budget 2026 backs jobs, tech and capital markets

Rediff.com4 Feb 2026

The Budget emerges as a measured, credible and forward-looking policy document that reinforces India's commitment to remaining a stable, reform-oriented economy amid an increasingly fragmented global landscape, says A Balasubramanian.

Budget themes paint it as a reformative exercise

Budget themes paint it as a reformative exercise

Rediff.com11 Feb 2026

The 2026-27 Budget, seeking to harmonise the government's imperative to grant certainty while ensuring a rational tax policy, had several notable announcements to usher in halcyon days, says Mukesh Butani.

Moody's on how Trump's tariffs will hurt the economy

Moody's on how Trump's tariffs will hurt the economy

Rediff.com16 Apr 2025

Moody's Ratings on Wednesday said US tariffs will weaken credit conditions and raise defaults risks especially for low-rated and speculative grade corporates. It said that an unpredictable US trade policy will lead to a deterioration in global credit conditions and macroeconomic impact will slow growth with a growing possibility of recession.

Highlights of the Economic Survey 2025-26

Highlights of the Economic Survey 2025-26

Rediff.com29 Jan 2026

Highlights of the Economic Survey 2025-26

Noida International Airport Gears Up for Grand Opening

Noida International Airport Gears Up for Grand Opening

Rediff.com26 Mar 2026

Noida International Airport is set for its grand opening as roads are fixed and infrastructure preparations near completion. Here's what's ready and what to expect from the launch.

Gulf War: Hormuz Is Becoming The Central Battlefield

Gulf War: Hormuz Is Becoming The Central Battlefield

Rediff.com23 Mar 2026

The question is no longer whether the war will expand. It has. The next few days will tell us whether the war stabilises around Hormuz or whether the Strait itself becomes the trigger for a far larger rupture. What to watch for over the next 48 hours is simple: Any move by the US toward direct naval control of the Strait; any credible Iranian attempt to disrupt or mine shipping lanes and, critically, whether energy infrastructure in the Gulf continues to be targeted.If those lines are crossed in tandem, the war will no longer be containable within the region.

Gulf Conflict: 300,000 Jobs At Risk

Gulf Conflict: 300,000 Jobs At Risk

Rediff.com17 Mar 2026

'If movement remains stalled for three to four months, more than 300,000 recruitments from India could be affected.'

Vishwaguru stands exposed: Cong mocks Modi over Pak-brokered Iran truce

Vishwaguru stands exposed: Cong mocks Modi over Pak-brokered Iran truce

Rediff.com8 Apr 2026

The Congress party has criticised Prime Minister Narendra Modi's diplomatic efforts following the ceasefire agreement between the US and Iran, facilitated in part by Pakistan. The party claims this development undermines Modi's strategy and exposes his perceived failures in foreign policy.

India a 'stabilising force';can withstand external shocks: Sitharaman

India a 'stabilising force';can withstand external shocks: Sitharaman

Rediff.com3 Oct 2025

Finance Minister Nirmala Sitharaman on Friday said the world is facing "profound imbalances" in trade and energy security, and is undergoing a structural transformation, with India standing out as a 'stabilising force' that can withstand external shocks.

FPIs Pull Out Record 1.04 Trillion In March

FPIs Pull Out Record 1.04 Trillion In March

Rediff.com24 Mar 2026

Domestic institutional investors, on the other hand, made a net investment of Rs 1.13 trillion during this period.

West Asia conflict: Jaishankar dials Iranian counterpart Araghchi

West Asia conflict: Jaishankar dials Iranian counterpart Araghchi

Rediff.com5 Mar 2026

India on Tuesday expressed deep concern over the escalating conflict in Iran and the Gulf region, urging all sides to exercise restraint and prioritise civilian safety.

Hormuz Crisis Hits India Hard

Hormuz Crisis Hits India Hard

Rediff.com14 Apr 2026

The cost of the war is being counted not in the corridors of power in Washington or Tehran, but in Firozabad's darkened furnace rooms, Howrah's idle casting sheds, and a barbershop in Kochi where the wait is suddenly, inexplicably, an hour long, notes Prem Panicker in his must read blog on the Iran War.

The next imbalance in the global economy

The next imbalance in the global economy

Rediff.com26 Apr 2010

There is a need for coordination among emerging economies on managing capital flows and exchange rates, and China's exchange rate policy can help. That it is ready to be more flexible is welcome

Migration debate takes centre stage in Kerala polls

Migration debate takes centre stage in Kerala polls

Rediff.com6 Apr 2026

Migration from Kerala has become a significant issue in the upcoming Assembly elections, with political parties promising to create more opportunities within the state to discourage emigration for studies and jobs. Experts suggest focusing on 'brain gain' strategies to attract talent back to Kerala after gaining experience abroad.

Trump livid as NATO allies refuse help on Hormuz Strait

Trump livid as NATO allies refuse help on Hormuz Strait

Rediff.com17 Mar 2026

President Trump asserts the US military has decimated Iran's forces and no longer requires assistance from NATO allies to secure the Strait of Hormuz, despite earlier requests for support.

India flags 'huge mountain of debt' in developed nations as matter of concern

India flags 'huge mountain of debt' in developed nations as matter of concern

Rediff.com22 Jan 2026

The "huge mountain of debt" in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields.

Kerala Elections 2026: Can An 80-Year-Old Marxist Score A Hat-Trick?

Kerala Elections 2026: Can An 80-Year-Old Marxist Score A Hat-Trick?

Rediff.com7 Apr 2026

Kerala's 2026 assembly election will see a three-cornered contest where religion and communalism have emerged as central themes for the first time, challenging the state's long-celebrated secular fabric.

'Indian Army Has Free Hand To Deal With China'

'Indian Army Has Free Hand To Deal With China'

Rediff.com17 Feb 2026

'After the Galwan clash, the rules of engagement changed with the army commanders allowed to use any means at their disposal as they deem fit for tactical operations.'

Has US Repeated Its Iraq Mistake?

Has US Repeated Its Iraq Mistake?

Rediff.com11 Mar 2026

Israel and the United States had a plan. Iran punched back. And now the Gulf is reeling, the world is beginning to feel the pain and, as on date, no one in Washington or Tel Aviv appears willing to admit that the punch has landed, notes Prem Panicker, continuing his must-read blog on the war in the Middle East.

Trump's Pause Gives Iran NOTHING!

Trump's Pause Gives Iran NOTHING!

Rediff.com25 Mar 2026

The pause gives the US time to breathe, to regroup, to move its expeditionary force into position without risk of interception along the way. It gives Iran nothing -- on the ground, attacks against its infrastructure continue apace. Prem Panicker in his must read daily blog on the Gulf War.

Budget 2026 is cautious and also focussed on the long-term journey

Budget 2026 is cautious and also focussed on the long-term journey

Rediff.com10 Feb 2026

This year's Economic Survey and the Union Budget were more closely followed for more reasons than one.

Iran Plays Hardball With India's Hormuz Requests

Iran Plays Hardball With India's Hormuz Requests

Rediff.com13 Mar 2026

'I suspect that Bangladesh being given permission stuck in India's official craw, and this story was an attempt to balance the scales by giving the impression that a similar waiver had been given to India as well.'