News for 'global shocks'

'I embrace each day as it comes'

'I embrace each day as it comes'

Rediff.com26 Feb 2024

'Life will test you but if you have resilience and fortitude, the crown will be yours forever,' says Miss World Yukta Mookhey.

Global economy: Good, bad and risky

Global economy: Good, bad and risky

Rediff.com21 Jul 2016

The advanced economies have been experiencing their longest period of slow growth.

Indian Economy To Grow At Robust 6.6%: World Bank

Indian Economy To Grow At Robust 6.6%: World Bank

Rediff.com11 Jan 2023

'Limited spillovers' to Asia's third-largest economy, even as world 'perilously close' to recession.

2009: How it was for global biz

2009: How it was for global biz

Rediff.com31 Dec 2009

From thousands of job losses to historic bankruptcies to Dubai debt crisis, the year had more than its share of shocks.

Wrestling Trials: Antim once again tops charts; Divya, Sarita bounce back

Wrestling Trials: Antim once again tops charts; Divya, Sarita bounce back

Rediff.com25 Aug 2023

Antim Panghal once again confirmed her emergence as one of the top wrestlers in the country by winning the World Championships trials in Patiala on Friday.

Bangladesh, Afghanistan set to battle for World Cup glory

Bangladesh, Afghanistan set to battle for World Cup glory

Rediff.com6 Oct 2023

Chance for Bangladesh, Afghanistan to produce that one breakout performance

Why India is expected to weather global volatility

Why India is expected to weather global volatility

Rediff.com5 Oct 2015

India's real GDP growth is set to exceed 7 per cent for CY-2015.

Why Mumbai Indians Replaced Rohit

Why Mumbai Indians Replaced Rohit

Rediff.com18 Dec 2023

With MI no longer the dominant force it used to be in the last couple of IPLs and Rohit also not among the runs, plans were hatched after IPL 2023 to bring about some major changes.

Why Foreign VCs Have Shut Their Taps

Why Foreign VCs Have Shut Their Taps

Rediff.com6 Jun 2023

Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year.

After Bangladesh scalp Dutch eye 'bigger nation' status

After Bangladesh scalp Dutch eye 'bigger nation' status

Rediff.com29 Oct 2023

With two upset victories in the ongoing World Cup under their belt, the Netherlands are now seeking the ICC's attention for "bigger nation" status.

'My wife is dating a married man. What do I do?'

'My wife is dating a married man. What do I do?'

Rediff.com29 Nov 2023

rediffGURU Kanchan Rai, founder Let Us Talk, offers advice on how to navigate problems in a relationship.

Can cricket become a global game? Here's Tendulkar's opinion

Can cricket become a global game? Here's Tendulkar's opinion

Rediff.com11 Jun 2018

Tendulkar wants more opportunities for minnows after Scotland win

Indian economy is an island of macroeconomic, financial stability: RBI Governor

Indian economy is an island of macroeconomic, financial stability: RBI Governor

Rediff.com5 Aug 2022

Reserve Bank of India Governor Shaktikanta Das on Friday said the country's economy is an island of stability despite two Black Swan events and multiple shocks. "In an ocean of high turbulence and uncertainty, Indian economy is an island of macroeconomic and financial stability," Das told reporters during the post policy press conference. He said the financial stability, macroeconomic stability and resilience of growth is being witnessed despite two Black Swan events happening one after the other and multiple shocks.

Banking system stable, but weak spots in economy: RBI

Banking system stable, but weak spots in economy: RBI

Rediff.com22 Dec 2011

India's banking system is stable and can withstand global shocks, but there are weak spots like decelerating growth and rising fiscal deficit which need to be addressed, said a Reserve Bank report.

Shock and awe: Britain reacts to Brexit

Shock and awe: Britain reacts to Brexit

Rediff.com24 Jun 2016

As United Kingdom voted to leave the European Union in a historic referendum, scenes of celebration and gloom could be seen across the nation.

UN slashes India's economic growth forecast by 20 bps to 5.8% for 2023

UN slashes India's economic growth forecast by 20 bps to 5.8% for 2023

Rediff.com26 Jan 2023

The United Nations on Wednesday pared down India's growth forecast by 20 basis points to 5.8 per cent for 2023 calendar year, citing higher interest rates and risks of recession in the developed world weighing on investment and exports. "Economic growth in India is projected to moderate in 2023, with higher interest rates weighing on investment and slower global growth weakening exports," it said in its latest World Economic Situation and Prospects report. The report has projected global trade to contract 0.4 per cent and the world economy to grow at 1.9 per cent in 2023.

Budget 2023: Tax sops, fiscal consolidation, a tight rope walk for Sitharaman

Budget 2023: Tax sops, fiscal consolidation, a tight rope walk for Sitharaman

Rediff.com31 Jan 2023

Finance Minister Nirmala Sitharaman will have to do a tight-rope walk between staying fiscally prudent and general public expectations of lower taxes and a wider social security net, while at the same time firing the engines of the economy before general elections. Sitharaman will on Wednesday present her fifth straight Budget at a time when the economy is slowing due to global headwinds and specific sectors need attention. In the run-up to the Budget presentation, expectations are rife that she may tweak income-tax slabs to provide relief to the middle class and increase spending on the poor through programmes such as the rural job scheme while ramping up financial incentives for local manufacturing.

Russia-Ukraine war may expose 42% India firms to significant risks: Moody's

Russia-Ukraine war may expose 42% India firms to significant risks: Moody's

Rediff.com26 Apr 2022

Global rating agency Moody's on Monday said the high commodity prices and supply chain disruptions due to further escalation in the Russia-Ukraine crisis could expose about 42 per cent of rated Indian companies to significant risks. They are mainly in the oil and gas and automotive sectors. The impact may be seen under two scenarios: first, revised base line and second being downside economic scenarios incorporating a global recession and a more severe liquidity squeeze, it said. The military conflict between Russia and Ukraine is impacting companies in Asia Pacific, adding to existing challenges from supply chain disruption and the coronavirus pandemic.

Can Israel's Army Win The War?

Can Israel's Army Win The War?

Rediff.com8 Nov 2023

If military power is all it would take to finish the menace of an awful terrorist organisation like Hamas, how come five Israeli wars in Gaza since 2003 have failed to do so? asks Shekhar Gupta.

Can Pakistan find solution in must-win WC clash vs SA?

Can Pakistan find solution in must-win WC clash vs SA?

Rediff.com26 Oct 2023

Pakistan needs to win all its matches and expect Australia to falter in at least two of their remaining four games.

If China wants to play spoiler at G20 meet, it's up to them: US

If China wants to play spoiler at G20 meet, it's up to them: US

Rediff.com6 Sep 2023

It is for China to decide what role it plays at the G20 summit in New Delhi, a top US official has said, asserting that if Beijing wants to come in and be a "spoiler", that option is available to it.

FIFA Women's World Cup PIX: Nigeria stun Australia

FIFA Women's World Cup PIX: Nigeria stun Australia

Rediff.com27 Jul 2023

Nigeria produced the first major shock of the Women's World Cup as they stunned Australia 3-2.

Low nominal Q1 growth results in fiscal pressures

Low nominal Q1 growth results in fiscal pressures

Rediff.com8 Sep 2023

The critical information in the first quarter (Q1) gross domestic product (GDP) data relates to the proximity of real and nominal GDP growth rates at 7.8 per cent and 8 per cent, respectively. The implicit price deflator (IPD)-based inflation is only 0.2 per cent. This phenomenon has repeated after fifteen quarters.

India to be fastest-growing economy, says Kumar Mangalam Birla

India to be fastest-growing economy, says Kumar Mangalam Birla

Rediff.com25 Jul 2022

India is poised to be the fastest-growing major economy in the world and an engine of global growth despite global headwinds, says leading industrialist and Aditya Birla Group Chairman Kumar Mangalam Birla. The economic activity in India has witnessed a sharp recovery to pre-pandemic levels on the back of a rapid and widespread rollout of the vaccination programme, Birla said in the latest annual report of UltraTech Cement Ltd. "A strong digital ecosystem, fiscal and monetary policy and various government schemes helped small and medium enterprises and the worst affected sections of the population to survive while reviving demand and bringing the economy back on track," said Birla while addressing UltraTech's shareholders.

Why India Must Be Wary Of Kiwis!

Why India Must Be Wary Of Kiwis!

Rediff.com14 Nov 2023

Since the start of the century, India have made it to two finals and two semis in five ODI World Cups but have just ONE title to show for. It's high time to end that barren run!

Metal firms see China re-opening as boost to commodities

Metal firms see China re-opening as boost to commodities

Rediff.com2 Mar 2023

The re-opening of the Chinese economy, as it moves away from its zero-Covid policy, could help stabilise commodity prices, according to some of the country's top metal companies. They view this as a positive for demand, at a time when markets such as the US and Europe have been largely weighed down by slowdown concern now. "Most of us in the metals business are hoping the Chinese economy picks up because half of any metal demand, including demand for aluminium, comes from China.

Sensex drops 262 points on crude oil shock

Sensex drops 262 points on crude oil shock

Rediff.com16 Sep 2019

Top losers in the Sensex pack included M&M, SBI, Yes Bank, Asian Paints, HDFC, Tata Steel and L&T, shedding up to 2.55 per cent. The broader NSE Nifty settled 79.80 points, or 0.72 per cent, down at 10,996.10.

'Inclusive India' everywhere on Davos agenda

'Inclusive India' everywhere on Davos agenda

Rediff.com25 Jan 2011

The new world order that has emerged from the recession of 2008 is very complex, interconnected and unpredictable.

High fiscal deficit exposing India to shocks: Moody's

High fiscal deficit exposing India to shocks: Moody's

Rediff.com19 Jun 2014

Moody's assigns a 'Baa3' rating on India, with a stable outlook.

Retail inflation in June rises to 3-month high of 4.81%

Retail inflation in June rises to 3-month high of 4.81%

Rediff.com12 Jul 2023

Retail inflation rose to three-month high of 4.81 per cent in June, mainly on account of hardening prices of food, according to the government data. Inflation based on the Consumer Price Index (CPI) stood at 4.31 per per (revised upward from 4.25 per cent) in May and 7 per cent in June 2022. The inflation, however, remains within the RBI's comfort level of below 6 per cent.

Record crowds as Women's World Cup kicks off despite Auckland shooting

Record crowds as Women's World Cup kicks off despite Auckland shooting

Rediff.com20 Jul 2023

New Zealand opened the ninth Women's World Cup with a shock win against former champions Norway on Thursday

'India has not blinked'

'India has not blinked'

Rediff.com20 Oct 2023

'The world is watching carefully. The choices India makes today have consequences beyond its borders.'

Fitch revises India rating outlook to 'stable' from 'negative'

Fitch revises India rating outlook to 'stable' from 'negative'

Rediff.com10 Jun 2022

Fitch Ratings on Friday said it has revised the outlook on India's sovereign rating to 'stable' from 'negative' as downside risks to medium-term growth have diminished on rapid economic recovery. Fitch Ratings kept the rating unchanged at 'BBB-'.

UN condemns Gaza hospital attack, calls for ceasefire

UN condemns Gaza hospital attack, calls for ceasefire

Rediff.com18 Oct 2023

The United Nations, its top leaders and agencies have expressed horror and strong condemnation over the killing of hundreds of civilians in a strike on a hospital in Gaza, underscoring that attack on hospitals or civilian infrastructure is against international humanitarian law and called for holding those responsible to account.

'Investors should stay invested'

'Investors should stay invested'

Rediff.com14 Jul 2023

'Markets are not expensive; they are fairly priced.'

Athletics: Worlds set for big return to Europe

Athletics: Worlds set for big return to Europe

Rediff.com17 Aug 2023

Forty years after its first edition, the world athletics championships get underway in Budapest on Saturday with over 2,000 athletes from 202 countries taking part over nine days of what could be record-breaking action.

Govt, RBI in talks with South Asian nations for rupee trade: Das

Govt, RBI in talks with South Asian nations for rupee trade: Das

Rediff.com6 Jan 2023

RBI Governor Shaktikanta Das on Friday said the government and the central bank are in discussion with South Asian countries to have cross-border trade in rupee. He also said the central bank digital currency (CBDC) is in trial phase and the RBI is moving very carefully and cautiously on digital rupee launch. After the successful launch of the wholesale pilot, the Reserve Bank of India (RBI) on December 1, last year, began its retail CBDC pilot project.

Kerala woman doctor stabbed to death by man she was treating

Kerala woman doctor stabbed to death by man she was treating

Rediff.com10 May 2023

A 23-year-old doctor was stabbed to death on Wednesday at a taluk hospital in Kottarakkara area of Kollam district in Kerala allegedly by a man, a school teacher under suspension, who was brought there by police after being involved in a fight with his family members.

Major General S C N Jatar: An Unsung Hero

Major General S C N Jatar: An Unsung Hero

Rediff.com25 Oct 2023

Major General S C N Jatar, who passed into the ages on Monday night, thwarted anti-national forces at the peak of the Assam agitation. Colonel Anil A Athale (retd) salutes this officer and gentleman.

IMF convinced about India's G-20 leadership

IMF convinced about India's G-20 leadership

Rediff.com13 Jan 2023

The international community counts a lot on India's leadership of the G-20 at a time when the world is faced with the continued economic slowdown and social distress, the chief of the International Monetary Fund Kristalina Georgieva has said. "India, which is the president of G-20 countries, remains among the countries that perform better than the global average and by a good percentage," IMF managing director Kristalina Georgieva told reporters during a media roundtable on Thursday. India formally assumed the G20 (Group of 20) Presidency on December 1.