News for 'global-economy'

5 tips for your financial well-being

5 tips for your financial well-being

Rediff.com2 Dec 2020

Here's how you can ensure you have enough in your kitty and be in command of your finances.

US duo William Nordhaus and Paul Romer win Nobel Economics Prize

US duo William Nordhaus and Paul Romer win Nobel Economics Prize

Rediff.com8 Oct 2018

Nordhaus, a professor at Yale University, is best known for his work on climate economics. Romer, of New York University's Stern School of Business, is a proponent of a theory that examines how the world can achieve sustainable growth.

Another GDP shocker for India, S&P pegs it at 5.2%

Another GDP shocker for India, S&P pegs it at 5.2%

Rediff.com23 Mar 2020

For the current fiscal which ends on March 31, it put the real GDP estimate at 5 per cent. It estimated a 7 per cent growth in 2022-23 and 2023-24 fiscal years. The inflation rate was seen moderating to 4.4 per cent in the next fiscal from 4.7 per cent in the current.

Will India replace China? Long way ahead, says Rajan

Will India replace China? Long way ahead, says Rajan

Rediff.com26 Aug 2015

This compares with China at over $10 trillion and India $2 trillion.

US economy resilient to withstand economic crisis in China

US economy resilient to withstand economic crisis in China

Rediff.com25 Aug 2015

The American economy is resilient and durable enough to withstand the challenge posed by the ongoing economic crisis in China, the White House said while asking Beijing to move towards a transparent economy and a market-based currency system.

Facebook pours water on Ambani's 'data is oil' analogy

Facebook pours water on Ambani's 'data is oil' analogy

Rediff.com12 Sep 2019

'No analogy is perfect, but a better liquid to liken data to is water, with the global internet like a great borderless ocean of currents and tides,' Facebook's vice-president, global affairs and communications, Nick Clegg, said in New Delhi.

Beware of political risk the India markets face!

Beware of political risk the India markets face!

Rediff.com9 May 2016

It's easy to say investors should focus on fundamentals but this risk can have a significant and lasting impact

Don't wait for economy to recover. Invest NOW!

Don't wait for economy to recover. Invest NOW!

Rediff.com10 Jul 2020

'If we wait to invest only after the economy recovers fully, it might be too late,' advises Vivek Jain, business unit head-investments, Policybazaar.com.

Portnoy's complaint about Warren Buffett

Portnoy's complaint about Warren Buffett

Rediff.com27 Aug 2020

When it comes to Mr Portnoy, it is hard to claim that his trading patterns are any more logical than his fictional namesake's methods of entertaining himself, notes Devangshu Datta.

Top US doctor cautiously optimistic over COVID vaccine

Top US doctor cautiously optimistic over COVID vaccine

Rediff.com9 Jul 2020

There are a number of vaccine candidates already in clinical trial and a few out of those candidates have completed phase 1/2 status, he said, adding that there are trials that will be going into phase three sometime at the end of July and then others will follow in the months of August, September and October.

Modi, Trump, Abe hold 2nd 'JAI' trilateral meet

Modi, Trump, Abe hold 2nd 'JAI' trilateral meet

Rediff.com28 Jun 2019

The main topic of discussion was Indo-Pacific, how the three countries can work together in terms of connectivity, infrastructure, ensuring peace and security, and working together to build upon this new concept, Foreign Secretary Vijay Gokhale said.

Modi gets Seoul Peace Prize for ''Modinomics', 'furthering democracy'

Modi gets Seoul Peace Prize for ''Modinomics', 'furthering democracy'

Rediff.com24 Oct 2018

The committee lauded Modi's initiatives to make the government cleaner through anti-corruption measures and demonetisation, it said.

FPIs turn net buyers in Q1; invest $4 bn in Indian equities

FPIs turn net buyers in Q1; invest $4 bn in Indian equities

Rediff.com21 Aug 2020

This could be attributed to the attractive valuation of the Indian equities after the sharp correction during the first quarter of calendar year 2020 and significant depreciation of the Indian rupee against USD, which provided them a rather good entry point.

Joe Biden's quest for 'Biden from Mumbai' continues

Joe Biden's quest for 'Biden from Mumbai' continues

Rediff.com21 Aug 2020

About five years ago, the Democratic Party's presidential nominee learned that there are five Bidens living in Mumbai, but is probably yet to make a connection with them.

We must have ambitions beyond profits: FM

We must have ambitions beyond profits: FM

Rediff.com5 Jul 2010

We are working to make our government more efficient and transparent, says Finance Minister Pranab Mukherjee.

'BRIC nations represent global economic shift'

'BRIC nations represent global economic shift'

Rediff.com18 Nov 2009

The rise of BRIC countries represents a fundamental shift in global economy and the developing world needs a legitimate seat at the table so that shared challenges are better addressed, a powerful US Senator has said.

25 countries that saw biggest change in real estate loans

25 countries that saw biggest change in real estate loans

Rediff.com4 Dec 2013

Let's take a look at nations that saw biggest change in real estate loans.

You're like Diwali lamps spreading light: Modi to Indians in Japan

You're like Diwali lamps spreading light: Modi to Indians in Japan

Rediff.com29 Oct 2018

The PM said Japan and the Indian diaspora has a big role to play in India's growth story.

Why RBI paused on rate cuts

Why RBI paused on rate cuts

Rediff.com21 Feb 2020

Minutes of the MPC meeting show Das felt economy needs more monetary stimulus as inflation outlook remains uncertain.

Govt seeks India Inc's view on economic revival

Govt seeks India Inc's view on economic revival

Rediff.com22 Apr 2020

Officers across departments and ministries have been asked to speak to people across sectors for 'SWOT' analysis of issues for revival of the economy.

Sensex sinks 355 points tracking global sell-off

Sensex sinks 355 points tracking global sell-off

Rediff.com25 Mar 2019

The 50-issue NSE Nifty too cracked below the 11,400-mark and hit a low of 11,311.60, before finishing 102.65 points, or 0.90 per cent down at 11,354.25.

Not happy with salary? Try these countries...

Not happy with salary? Try these countries...

Rediff.com28 Nov 2013

Let's take a look at some nations where salaries are projected to soar.

UNGA address: PM likely to focus on climate change, anti-terror measures

UNGA address: PM likely to focus on climate change, anti-terror measures

Rediff.com27 Sep 2019

Prime Minister Modi held a number of bilateral meetings with top world leaders like United States President Donald Trump and German Chancellor Angela Merkel ahead of his UN address.

25 banks sitting on biggest pile of money in the world

25 banks sitting on biggest pile of money in the world

Rediff.com18 Nov 2013

Let's take a look at banks that have most assets in the world.

India's GDP projections by World Bank, IMF too optimistic: Subramanian

India's GDP projections by World Bank, IMF too optimistic: Subramanian

Rediff.com15 Apr 2020

Subramanian recommended five ways of financing additional expenditure over a period of one year, including cutting expenditure and borrowing directly from the RBI or monetising debt.

Premature withdrawal of stimulus will hurt: PM

Premature withdrawal of stimulus will hurt: PM

Rediff.com25 Sep 2009

Dr Singh made a strong pitch for restoring the momentum of growth in the developing world at the G-20 Summit and said there is need to replace lost export demand and to expand investment.

'Fighting coronavirus is a priority, so is giving timely salaries'

'Fighting coronavirus is a priority, so is giving timely salaries'

Rediff.com12 Apr 2020

'We will not compromise on it. We will not make any deferred payments or cuts.'

Bank stocks takes a beating, drag Sensex down amid Covid-19 fears

Bank stocks takes a beating, drag Sensex down amid Covid-19 fears

Rediff.com3 Apr 2020

Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.

Domestic demand key to survive shocks: Pranab

Domestic demand key to survive shocks: Pranab

Rediff.com9 Oct 2009

Speaking about the challenges and the opportunities of development in a globalised era, Mukherjee said, sustaining high growth over an extended period has become more complex.

The 5 major drivers for Indian equities in 2021

The 5 major drivers for Indian equities in 2021

Rediff.com4 Jan 2021

The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?

Ahead of election, Trump imposes new curbs on H-1B visas

Ahead of election, Trump imposes new curbs on H-1B visas

Rediff.com7 Oct 2020

The Trump administration has announced new restrictions on H-1B non-immigrant visa programme which it said is aimed at protecting American workers, restoring integrity and to better guarantee that H-1B petitions are approved only for qualified beneficiaries and petitioners, a move which is likely to affect thousands of Indian IT professionals.

Why the trade surplus is really nothing to rejoice over

Why the trade surplus is really nothing to rejoice over

Rediff.com18 Jul 2020

Economists caution that the underlying cause could be an alarming drop in demand -- something that's not good for economic growth.

Rupee falls 31 paise to 10-month low of 62.33

Rupee falls 31 paise to 10-month low of 62.33

Rediff.com11 Dec 2014

The Reserve Bank of India sold dollars via state-owned banks around 62.3575 per dollar to contain the rupee's fall, traders said.

Budget maths won't be hit if oil is below $70

Budget maths won't be hit if oil is below $70

Rediff.com17 Jan 2020

Oil sank to the lowest level in a month after shedding all of its gains from the US-Iran clash as traders waited to see whether any further hostilities will disrupt exports from the East Asia.

Uday Kotak sole Indian financier in Forbes' most powerful list

Uday Kotak sole Indian financier in Forbes' most powerful list

Rediff.com12 May 2016

57-year-old Kotak is ranked 33rd in the Forbes list of 'Money Masters: The Most Powerful People In The Financial World'

World's 25 major cities and economic growth

World's 25 major cities and economic growth

Rediff.com5 Dec 2012

Let's take a look at economic growth in 25 major cities of the world.

G-20: Modi pitches for new crisis management protocol

G-20: Modi pitches for new crisis management protocol

Rediff.com26 Mar 2020

In his address at an extraordinary video conference of the G-20 leaders, Modi also urged the grouping to come out with a concrete action plan to fight the pandemic and said human beings rather than economic targets should be put at the centre of its vision for global prosperity and cooperation.

5 lessons we learned in COVID times

5 lessons we learned in COVID times

Rediff.com4 Nov 2020

The pandemic has forced us to reflect and re-evaluate our old habits and perceptions, says Anamika Sengupta.

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.

Of global stakes and China's dogged persistence

Of global stakes and China's dogged persistence

Rediff.com5 May 2009

The prime interest rate levels have hit 'record lows' and fiscal deficits 'have soared', is the sobering analysis of Zhou Xiaochuan, Governor of the People's Bank of China, on the global economy.