News for 'global shocks'

'Your love for your motherland is timeless...Evergreen'

'Your love for your motherland is timeless...Evergreen'

Rediff.com13 Aug 2021

'What can I do for my India except make films that showcase it's greatness to the world, which touch on national issues and arouse the feeling of patriotism?'

Myanmar: India's choices are limited

Myanmar: India's choices are limited

Rediff.com17 Feb 2021

India cannot afford to adopt any coercive measures against the military even if it disapproves the military takeover, notes Dr Rajaram Panda.

Retail inflation likely to stay elevated in short term

Retail inflation likely to stay elevated in short term

Rediff.com18 Dec 2020

After unseasonal rains, supply disruptions and pandemic-induced woes pushed retail inflation well over the Reserve Bank's comfort zone in 2020, the scenario is likely to stay that way at least in the short term as economic recovery slowly gains foothold. For most part of this year, pricier food items pushed the retail inflation, based on Consumer Price Index (CPI), higher in the range of 6.58-7.61 per cent, except for March when the reading was 5.91 per cent. Experts believe retail inflation is likely to average around 6.3 per cent this fiscal and mostly will remain sticky going forward owing to pick-up in demand across sectors.

COVID presents an opportunity for India: Tata's Chandra

COVID presents an opportunity for India: Tata's Chandra

Rediff.com12 Jun 2020

The Tata Sons' chief said that world's reliance on China for sourcing goods will reduce, and India will definitely have an opportunity to participate.

India's outlook stable but future depends on Modi's reforms

India's outlook stable but future depends on Modi's reforms

Rediff.com26 Nov 2014

Moody's rates India's outlook at stable.

China reports 48 new coronavirus cases, 1 death

China reports 48 new coronavirus cases, 1 death

Rediff.com31 Mar 2020

The overall confirmed cases on the mainland have reached 81,518 as of Monday, which included 3,305 people who died of the of disease.

How Arjun Kapoor went from fat to fit

How Arjun Kapoor went from fat to fit

Rediff.com20 Feb 2014

Trainer Kyle Arthur spills the beans.

Be warned! Dark economic times ahead!

Be warned! Dark economic times ahead!

Rediff.com8 May 2020

'Two consecutive quarters of negative growth are the technical definition of an economic recession, and for the first time in this generation's memory, we may be staring at one,' observes Aakar Patel.

FY21 GDP growth likely to remain negative: RBI Guv

FY21 GDP growth likely to remain negative: RBI Guv

Rediff.com22 May 2020

As he projected a grim outlook for the economy, RBI Governor said that amidst this encircling gloom, agriculture and allied activities have provided a beacon of hope on the back of an increase of 3.7 per cent in foodgrains production to a new record.

Cheaper crude only silver lining for country, say analysts

Cheaper crude only silver lining for country, say analysts

Rediff.com24 Jun 2016

India Ratings principal economist Sunil Kumar Sinha said the Brexit is a mixed bag for the country.

Meet the most beautiful woman in the world

Meet the most beautiful woman in the world

Rediff.com21 Dec 2015

It's the first time a Spanish contestant has won the title.

How sentiments have changed for banks

How sentiments have changed for banks

Rediff.com2 May 2020

Morgan Stanley removed banking stocks from its model portfolio when it slashed its weighting on the sector by 500 basis points. Several foreign brokerages, such as UBS, JP Morgan, and Credit Suisse, of late, have also become less optimistic about banking stocks.

Tamil parties up in arms over Shah's Hindi pitch

Tamil parties up in arms over Shah's Hindi pitch

Rediff.com14 Sep 2019

After Shah said Hindi is the most spoken language which can unite the nation as a common language, Tamil Nadu parties rallied against it.

Satyam debacle not to impact IT industry: Wipro

Satyam debacle not to impact IT industry: Wipro

Rediff.com7 Jan 2009

With the developments in Satyam Computer unfolding shocking irregularities, Wipro Technologies, a NYSE-listed company, on Wednesday said this incident is one of its kind and is unlikely to affect the industry.

Banish all fear of losing: PM Imran tells Pakistan team

Banish all fear of losing: PM Imran tells Pakistan team

Rediff.com16 Jun 2019

Pakistani prime minister and cricket great Imran Khan on Sunday urged his country's cricket team to be mentally strong and take calculated risks to triumph in a crucial World Cup clash.

Can't be sure the worst is over: TCS chief

Can't be sure the worst is over: TCS chief

Rediff.com21 Jul 2009

The country's largest software exporter, Tata Consultancy Services, has said the global business environment continues to be volatile and its clients in some sectors are still not showing signs of recovery, which may put pressure on pricing.

Did IAF use a secret bomb at Balakot?

Did IAF use a secret bomb at Balakot?

Rediff.com16 Mar 2019

The IAF has insisted it hit its targets. If that is indeed true, then the lack of obvious damage could mean it has used a different bomb -- possibly procured secretly from Israel.

How oil prices impacts the economy

How oil prices impacts the economy

Rediff.com25 Feb 2011

Oil still lubricates the global economy and could make it seize up. Prices above $110 a barrel raise the spectre of previous shocks. Judged by fundamental supply and demand, there is no reason for prices to remain so high. But, a sustained spike would be a big problem for the global economy.

'Board as doctor, leave as patient': United gets roasted online

'Board as doctor, leave as patient': United gets roasted online

Rediff.com12 Apr 2017

Is United Airlines on a PR disaster overdrive?

Why this crisis could have been worse

Why this crisis could have been worse

Rediff.com29 Jan 2009

Residents did not bolt for the exit, dampening the crisis' financial impact.

Why Modi visits so many countries

Why Modi visits so many countries

Rediff.com20 Apr 2018

'He is seeking to harness the power of Indian Diasporas to national (support for India in global capitals) and political (enhance the Bharatiya Janata Party's support base) ends.'

Indian economy to contract 11.5% in FY21, says Moody's

Indian economy to contract 11.5% in FY21, says Moody's

Rediff.com11 Sep 2020

For 2021-22, it projected the economy to clock a growth of 10.6 per cent.

Why you must invest in gold

Why you must invest in gold

Rediff.com26 Mar 2019

'Invest a part of your portfolio in a global currency that can't be printed, or meddled with -- gold,' suggests Chirag Mehta.

Gold zooms to Rs 30,000, silver rises on Brexit

Gold zooms to Rs 30,000, silver rises on Brexit

Rediff.com24 Jun 2016

Silver surged by Rs 1,575 per kg on higher speculative and industrial offtake.

Rajan meets heads of central banks in Basel

Rajan meets heads of central banks in Basel

Rediff.com24 Jun 2016

Head of central banks from various countries get into a 'Basel huddle' every second month at Basel at the headquarters of the Bank for International Settlement.

Chinese mayhem: Sensex fifth largest loser with 7.5% plunge

Chinese mayhem: Sensex fifth largest loser with 7.5% plunge

Rediff.com11 Sep 2015

The Latin American markets declined less than the other Asian countries.

China is the world's biggest executioner

China is the world's biggest executioner

Rediff.com11 Apr 2017

According to an Amnesty report, at least 1,032 people were executed in the world, other than China, of which 87 per cent took place in just four countries -- Iran, Saudi Arabia, Iraq and Pakistan.

PIX: Kobe Bryant's death leaves sports world stunned

PIX: Kobe Bryant's death leaves sports world stunned

Rediff.com27 Jan 2020

A true global superstar, the depth of Kobe Bryant's popularity quickly surfaced as reports were confirmed that the Los Angeles Lakers great had been killed along with his daughter Gianna and seven others when his helicopter crashed in a remote field near the city of Calabasas.

Fears of world recession gain pace

Fears of world recession gain pace

Rediff.com1 Oct 2008

Even before Capitol Hill shocked the world's financial markets this week, the global economy was already mired in difficulties. And whether or not some version of the bail-out package gets passed in the near future, extricating it will be a real struggle.

Justice Mishra won't recuse from Land Acquisition case

Justice Mishra won't recuse from Land Acquisition case

Rediff.com23 Oct 2019

Various farmers association and individuals have raised objection to Justice Mishra hearing the matter on the grounds that he has already expressed his mind in the judgment pronounced by the apex court in February last year.

'Rating agencies are like Bollywood'

'Rating agencies are like Bollywood'

Rediff.com11 Feb 2021

'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.

How India can ease the current account deficit

How India can ease the current account deficit

Rediff.com17 Jun 2013

The wide current account deficit is structural in nature and only structural responses will work, says Subir Gokarn.

Post demonetisation, IMF cuts India's growth to 6.6%

Post demonetisation, IMF cuts India's growth to 6.6%

Rediff.com16 Jan 2017

IMF said in 2017, India is likely to grow at the rate of 7.2 per cent instead of the earlier projected 7.6 per cent.

Pay extra for web check-in on IndiGo, SpiceJet

Pay extra for web check-in on IndiGo, SpiceJet

Rediff.com26 Nov 2018

The revised policy, which has come into effect since last week, means passengers who are looking to skip the long queues at airports will have to shell out a fee for it. For IndiGo, the lowest seat fees is Rs 100 while for SpiceJet it is Rs 99.

India needs to adapt to the world of tomorrow

India needs to adapt to the world of tomorrow

Rediff.com10 Sep 2020

In another 2-3 weeks, coronavirus will chariot India to overtake the United States. In March, Modi had exhorted the nation to celebrate India's impending success over the virus by clanging metal plates. Make no mistake, India is losing this momentous war under his captaincy, notes Ambassador M K Bhadrakumar.

Why India must protest China's Hong Kong policy

Why India must protest China's Hong Kong policy

Rediff.com30 May 2020

'India need to look beyond the economic prism.' 'China had no qualms in taking the Kashmir issue to the UN Security Council last year -- not once, but thrice -- thus violating Indian sensitivities,' observes China expert Srikanth Kondapalli.

World 100m champion Gatlin in new doping scandal

World 100m champion Gatlin in new doping scandal

Rediff.com19 Dec 2017

World 100 metres champion Justin Gatlin said on Tuesday he is "shocked and surprised" at doping allegations made against his coach Dennis Mitchell, like Gatlin a convicted doper, but added that he sacked him as soon as he heard about the issue.

India's credit drought might be here to stay

India's credit drought might be here to stay

Rediff.com20 Nov 2012

India is finally waking up to the fact that its credit drought might be here to stay.

A witty banker, Aditya Puri, refused to lend to Vijay Mallya and Nirav Modi

A witty banker, Aditya Puri, refused to lend to Vijay Mallya and Nirav Modi

Rediff.com26 Oct 2020

Leaving behind the luxe life and dapper suits of foreign banks, Puri and his team at the upstart venture shared fizz drinks, wore a footwear brand popular among the middle class, shared a rat-infested space in a yet-to-be gentrified work space to plan and execute it.

Why Indian universities don't make it to world rankings

Why Indian universities don't make it to world rankings

Rediff.com15 Nov 2012

While Indian universities stagnate, those in China are becoming engines of growth.