News for 'india economy'

Is All Well With US-Iran MoU?

Is All Well With US-Iran MoU?

Rediff.com20 Jun 2026

Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Rediff.com13 May 2026

Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.

Flex fuel to be sold at 5,000 outlets by end of next year

Flex fuel to be sold at 5,000 outlets by end of next year

Rediff.com5 Jun 2026

Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com18 May 2026

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

BRICS meet in India from Thursday on West Asia; Iran to attend, China skips

BRICS meet in India from Thursday on West Asia; Iran to attend, China skips

Rediff.com12 May 2026

The escalating crisis in West Asia and its impact on the global energy supply chain are expected to dominate deliberations at a two-day meeting of BRICS foreign ministers to be hosted by India.

'The Country Is In Stagnation'

'The Country Is In Stagnation'

Rediff.com4 Jun 2026

'Unfortunately, today most ministers are busy with either election duty or praising duty. They are not interested in serving duty.' 'Ministers have become relaxed like retired people still holding onto jobs.' 'Look at how the NEET paper leaked. But there is no accountability.' 'After 12 years, they have become saturated. They are short of ideas.'

Govt raises import duty on gold, silver after PM's appeal

Govt raises import duty on gold, silver after PM's appeal

Rediff.com13 May 2026

The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Rediff.com26 May 2026

Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.

India flags energy, maritime threats at BRICS amid West Asia crisis

India flags energy, maritime threats at BRICS amid West Asia crisis

Rediff.com15 May 2026

India has expressed serious concerns about the West Asia crisis and its potential impact on energy supplies and maritime stability, urging BRICS nations to find practical solutions to geopolitical challenges and unilateral sanctions.

Bernstein Urges India To Accelerate Structural Reforms

Bernstein Urges India To Accelerate Structural Reforms

Rediff.com23 Apr 2026

Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.

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.

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Rediff.com12 May 2026

Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.

Why Did India Not Stop The War?

Why Did India Not Stop The War?

Rediff.com16 Apr 2026

India is one of the few nations, and perhaps the only nation, that has good relations with America, Israel and Iran. Knowing that a war in the Gulf would damage our economy, hurt supply of fertilisers and fuel, and cause general chaos, we should have tried to ensure this war did not begin, asserts Aakar Patel.

Bhutan's Huge Crypto Gamble, India And China Watching

Bhutan's Huge Crypto Gamble, India And China Watching

Rediff.com16 Apr 2026

Is Bhutan merely experimenting with digital finance -- or is the Himalayan kingdom punching far above its weight, quietly playing one of the most sophisticated strategic games in Asia today? asks Varun Arya.

Panagariya: Don't Fear Rs 100 Dollar

Panagariya: Don't Fear Rs 100 Dollar

Rediff.com22 May 2026

'100 is just a number, like 99 and 101.'

Modi ji will not be PM in a year: Rahul's big claim

Modi ji will not be PM in a year: Rahul's big claim

Rediff.com3 Jun 2026

Addressing tribal leaders from across the country at an event organised by the Adivasi Congress at the Indira Bhawan in New Delhi, Gandhi warned that while an 'economic tsunami' is coming, the system is also revolting due to public pressure.

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

Rediff.com9 Jun 2026

A US federal judge has ruled that the USD 100,000 fee imposed by former President Donald Trump for H-1B visa applications was unlawful, as it lacked congressional approval. The ruling states the fee was a tax, exceeding the administration's authority and impacting skilled global talent.

Air India plans to complete B787-8 retrofit by Q1 2028

Air India plans to complete B787-8 retrofit by Q1 2028

Rediff.com20 Apr 2026

Air India is undertaking a $400 million programme to modernise its legacy fleet, with plans to complete the retrofit of its entire Boeing 787-8 fleet by the first quarter of 2028 and its Boeing 777 fleet by 2029.

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Rediff.com18 May 2026

Salesforce is concentrating on developing 'digital labour platforms' and using AI to augment human capabilities rather than replace them, according to a senior company official.

Srikkanth urges RCB to drop this player for IPL 2026 final

Srikkanth urges RCB to drop this player for IPL 2026 final

Rediff.com31 May 2026

Former India captain Kris Srikkanth advises Royal Challengers Bengaluru to exclude Romario Shepherd from their playing XI for the IPL final against Gujarat Titans, citing concerns over his expensive bowling.

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.

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.

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com18 May 2026

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

Air India Unveils First Refurbished Boeing 787-8 After $400M Investment

Air India Unveils First Refurbished Boeing 787-8 After $400M Investment

Rediff.com13 Apr 2026

Air India's first refurbished Boeing 787-8 aircraft has landed in Delhi, marking a milestone in the airline's USD 400 million investment plan to upgrade its wide-body fleet. The aircraft features comprehensive interior upgrades, including new seats and in-flight entertainment systems.

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

Rediff.com13 May 2026

NITI Aayog Member Rajiv Gauba has detailed an extensive deregulation agenda, moving India towards a 'permitted unless prohibited' principle to dismantle new forms of the Licence Raj and clear 'regulatory cholesterol' for businesses.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com13 May 2026

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

Southwest monsoon expected to arrive in Kerala on May 26

Southwest monsoon expected to arrive in Kerala on May 26

Rediff.com15 May 2026

The India Meteorological Department (IMD) has forecasted an early onset of the southwest monsoon over Kerala, expected around May 26. This marks the beginning of the crucial rainy season for India.

Creativity, not software code, to be main driver of India's economy: Adobe CEO

Creativity, not software code, to be main driver of India's economy: Adobe CEO

Rediff.com1 May 2025

Global tech major Adobe Systems' chief executive Shantanu Narayen on Thursday said creativity, and not software code, will be the main driver of India's economy in the future.

Rupee Fall Delays India's No. 4 Dream

Rupee Fall Delays India's No. 4 Dream

Rediff.com19 Jan 2026

The exchange rate of the rupee against the dollar may delay the economy's rise to become the fourth-largest.

How Bhuvneshwar Kumar Remains A Force In T20 Cricket

How Bhuvneshwar Kumar Remains A Force In T20 Cricket

Rediff.com29 May 2026

Bhuvneshwar Kumar has defied expectations to become a leading bowler in T20 cricket, adapting his skills and adding variations to remain effective in the modern game. His success is attributed to his ability to swing the ball, use clever variations like the knuckle ball, and maintain peak fitness.

'Mark Mobius Saw India's Rise Before Other Investors'

'Mark Mobius Saw India's Rise Before Other Investors'

Rediff.com17 Apr 2026

'Mark Mobius's life was dedicated to investing.'

Budget reflects a maturing economy

Budget reflects a maturing economy

Rediff.com11 Feb 2026

The Budget reflects a clear focus on strengthening India's long-term prospects by leaning on nation-building sectors such as infrastructure, manufacturing, and technology while maintaining fiscal responsibility.

Indian Investments in US Rise, Create American Jobs: Official

Indian Investments in US Rise, Create American Jobs: Official

Rediff.com5 May 2026

Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.

'Tremendous Belief': Virat Kohli Decodes Bhuvneshwar Kumar's Success In IPL 2026

'Tremendous Belief': Virat Kohli Decodes Bhuvneshwar Kumar's Success In IPL 2026

Rediff.com15 May 2026

Virat Kohli praises Bhuvneshwar Kumar's resurgence in IPL 2026, highlighting his 'uncomplicated consistency' and technical abilities. Kumar's impressive wicket haul and economy rate have been crucial for RCB's success.

India Remembers Victims Of Pahalgam Terror Attack

India Remembers Victims Of Pahalgam Terror Attack

Rediff.com22 Apr 2026

A year after the deadly terror attack in Pahalgam, India remembers the victims and reaffirms its commitment to fighting terrorism. Families of the deceased mourn their loss, while political leaders reiterate the nation's resolve to stand united against terror.

IPL 2026: Why Bhuvneshwar Kumar Deserves His India Cap Back

IPL 2026: Why Bhuvneshwar Kumar Deserves His India Cap Back

Rediff.com11 May 2026

Bhuvneshwar Kumar's impressive performance in IPL 2026 has sparked debate about his potential return to the Indian T20I squad.

IPL 2026 Dream XI: Sooryavanshi Opener; Patidar Captain

IPL 2026 Dream XI: Sooryavanshi Opener; Patidar Captain

Rediff.com4 Jun 2026

Teenager Vaibhav Sooryavanshi stole the limelight in his first full season of IPL with some dazzling performances for the Rajasthan Royals.

Modi to embark on six-day visit to UAE, Europe

Modi to embark on six-day visit to UAE, Europe

Rediff.com11 May 2026

Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.