News for 'per cent of India'

South India Industry Feels Absence of Bengal, Assam Workers

South India Industry Feels Absence of Bengal, Assam Workers

Rediff.com23 May 2026

South India's manufacturing, construction, and services sectors are grappling with severe labour shortages, prompting employers to offer attractive incentives like free air tickets and salary increments to lure migrant workers back from their home states after recent assembly elections.

Want OpenAI Shares? Read This First

Want OpenAI Shares? Read This First

Rediff.com17 Jun 2026

Investors should do thorough due diligence when selecting a platform.

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.'

I'm a big, big fan of Modi, India can count on me: Trump

I'm a big, big fan of Modi, India can count on me: Trump

Rediff.com26 May 2026

Taking to Truth Social on Monday evening, Trump reposted Gor's original Sunday night dispatch alongside a video snippet from the grand celebrations marking the 250th anniversary of America's independence, hosted at the iconic Bharat Mandapam in the national capital.

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Rediff.com12 May 2026

Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.

Time To Choose Growth Over Rupee Fear

Time To Choose Growth Over Rupee Fear

Rediff.com11 Jun 2026

The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Rediff.com7 days ago

Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.

New evaluation policy formed for CBSE students in Gulf, Centre tells SC

New evaluation policy formed for CBSE students in Gulf, Centre tells SC

Rediff.com7 days ago

The Centre on Monday informed the Supreme Court that the Central Board of Secondary Examination has come up with a new policy for the evaluation of private students, who were affected by the cancellation of Class XII board examination in Gulf countries due to the recent Iran-US war.

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

Rediff.com16 Jun 2026

Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.

Ekta Kapoor:'You Can't Make A Business Out Of Doomscrolling'

Ekta Kapoor:'You Can't Make A Business Out Of Doomscrolling'

Rediff.com20 Jun 2026

'Of our population of 1.4 billion, 80 per cent are into doomscrolling.'

India's unemployment rate rises to six-month high of 5.2% in April

India's unemployment rate rises to six-month high of 5.2% in April

Rediff.com15 May 2026

India's unemployment rate for individuals aged 15 years and above reached a six-month peak of 5.2 per cent in April 2026, according to the latest Periodic Labour Force Survey (PLFS) data.

Reliance Retail to build manufacturing, export platforms for next phase of growth: Mukesh Ambani

Reliance Retail to build manufacturing, export platforms for next phase of growth: Mukesh Ambani

Rediff.com19 Jun 2026

Reliance Industries Ltd (RIL) is preparing for its next phase of growth by establishing advanced manufacturing and export platforms to strengthen its consumer products ecosystem and expand its global footprint, Chairman and MD Mukesh Ambani announced.

India restricts gold imports to 100 kg under Advance Authorisation scheme

India restricts gold imports to 100 kg under Advance Authorisation scheme

Rediff.com14 May 2026

India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Rediff.com12 Jun 2026

Indian benchmark indices Sensex and Nifty surged significantly in early trade, tracking a global rally fueled by US President Donald Trump's declaration of an end to the war with Iran and a subsequent drop in crude oil prices.

Market participants expect RBI to provide weekly updates on FCNR (B) inflows

Market participants expect RBI to provide weekly updates on FCNR (B) inflows

Rediff.com7 days ago

Market participants are keenly awaiting regular, preferably weekly, updates from the Reserve Bank of India (RBI) on Foreign Currency Non-Resident (Bank), or FCNR (B), deposits, following the central bank's directive for banks to submit daily data on these inflows.

Why Gulf States Now Need India

Why Gulf States Now Need India

Rediff.com15 May 2026

India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.

300 mm rain in 24 hrs floods Mumbai; road, rail traffic hit

300 mm rain in 24 hrs floods Mumbai; road, rail traffic hit

Rediff.com5 days ago

Mumbai experienced heavy overnight monsoon rains, with some areas receiving over 200 mm in 24 hours, leading to widespread waterlogging, traffic congestion, and disruptions in suburban train services, particularly on Central Railway lines due to a track cave-in.

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

Rediff.com20 May 2026

PepsiCo India plans a significant investment of Rs 5,700 crore by 2030 to enhance its production capabilities, focusing on its concentrate plant in Madhya Pradesh, a unit in Assam, and land acquisition in Tamil Nadu to expand its snack business footprint in South India.

India to run 35 hydrogen-powered trains in first phase

India to run 35 hydrogen-powered trains in first phase

Rediff.com29 May 2026

Hydrogen fuel cell technology generates electricity through a chemical reaction using hydrogen, with water vapour as the only emission, making it a cleaner alternative to conventional fossil fuel-based traction systems.

Indian Two-Wheeler Makers Post Robust May Sales Driven by Domestic Demand, Exports

Indian Two-Wheeler Makers Post Robust May Sales Driven by Domestic Demand, Exports

Rediff.com3 Jun 2026

India's leading two-wheeler manufacturers experienced significant growth in May, propelled by strong domestic demand for premium motorcycles and scooters, channel inventory replenishment, and a recovery in export markets.

Vijay's government to hold social justice survey, move court for financial devolution

Vijay's government to hold social justice survey, move court for financial devolution

Rediff.com18 Jun 2026

Tamil Nadu Governor RV Arlekar announced that the TVK regime, led by Chief Minister C Joseph Vijay, will take steps to ensure fair financial devolution from the Centre, including pursuing the matter in the Supreme Court. The government also plans to conduct a 'Social Justice Survey' and address the state's severe financial deterioration.

Carmakers seek govt help to trace old vehicles for recycling

Carmakers seek govt help to trace old vehicles for recycling

Rediff.com17 Jun 2026

Automobile manufacturers have informed NITI Aayog that they face significant challenges in tracing 20-25-year-old vehicles due to multiple ownership changes, hindering their ability to meet Extended Producer Responsibility (EPR) targets for end-of-life vehicles (ELVs). They are seeking government support, including access to updated Vahan registration records, to locate these vehicles and encourage owners to use authorised scrapping centres.

India's Exports Hit 5-Month High in April, But Trade Deficit Expands

India's Exports Hit 5-Month High in April, But Trade Deficit Expands

Rediff.com15 May 2026

India's exports recorded a 13.78 per cent increase to USD 43.56 billion in April, marking the highest monthly outbound shipments in over four years, primarily driven by petroleum products. However, the trade deficit widened to a three-month high of USD 28.38 billion due to a 10 per cent rise in imports.

RBI maintains repo rate at 5.25%, cites West Asia crisis and inflation risks

RBI maintains repo rate at 5.25%, cites West Asia crisis and inflation risks

Rediff.com5 Jun 2026

The Reserve Bank of India (RBI) has kept its key lending rate, the repo rate, unchanged at 5.25 per cent for the second consecutive time, citing concerns over rising energy prices, supply disruptions from the West Asia crisis, and potential inflationary pressures.

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Rediff.com8 Jun 2026

Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

Rediff.com19 Jun 2026

Tamil Nadu's new government, led by C Joseph Vijay, is committed to advancing the ~38,000 crore shipbuilding project with HD Hyundai in Thoothukudi, securing bipartisan support from the Opposition DMK, despite initial industry concerns about policy continuity after the change in leadership.

Sensex, Nifty Rebound as Global Markets Recover, Geopolitical Tensions Ease

Sensex, Nifty Rebound as Global Markets Recover, Geopolitical Tensions Ease

Rediff.com9 Jun 2026

Indian benchmark equity indices Sensex and Nifty closed higher, recovering from previous losses, driven by a global market rebound, a pause in Israel-Iran hostilities, and a rally in bank stocks.

NSE IPO: Draft Papers Likely Next Week After Decade-Long Delay

NSE IPO: Draft Papers Likely Next Week After Decade-Long Delay

Rediff.com14 Jun 2026

The National Stock Exchange (NSE) is expected to file its preliminary IPO papers with Sebi next week, marking a significant step forward for the long-awaited public offering which has been delayed for nearly a decade due to regulatory issues.

Get A Rs 20K Scholarship To Learn In-Demand Skills

Get A Rs 20K Scholarship To Learn In-Demand Skills

Rediff.com17 Jun 2026

The Eastman Powerup Eduskill Scholarship Programme 2026-27 provides financial aid linked to the completion of industry-relevant skill development certifications.

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.

Crude oil prices projected to fall further this year

Crude oil prices projected to fall further this year

Rediff.com13 Jun 2026

Crude oil prices are projected to fall significantly this year, driven by hopes of a peace deal between the US and Iran, which could lead to the reopening of the Strait of Hormuz, and a notable drop in Chinese demand for seaborne crude imports.

RBI raises FY27 inflation forecast to 5.1% on higher fuel pricescosts

RBI raises FY27 inflation forecast to 5.1% on higher fuel pricescosts

Rediff.com5 Jun 2026

The Reserve Bank of India has increased its retail inflation projection for 2026-27 to 5.1 per cent, up from an earlier estimate of 4.6 per cent. This revision is primarily attributed to mounting input costs, driven by the pass-through of higher global energy prices to domestic petrol and diesel rates, which have seen significant increases since May.

Keki Mistry to remain interim chairman of HDFC Bank till Sep 18

Keki Mistry to remain interim chairman of HDFC Bank till Sep 18

Rediff.com18 Jun 2026

The Reserve Bank of India has approved a three-month extension for Keki Mistry as the interim chairman of HDFC Bank, continuing his tenure until September 18, 2026, or until a regular chairman is appointed.

Govt restores commercial LPG supplies as West Asia crisis eases

Govt restores commercial LPG supplies as West Asia crisis eases

Rediff.com4 days ago

The government on Thursday restored liquefied petroleum gas (LPG) supplies to commercial consumers such as hotels, restaurants and other businesses to pre-crisis levels, and lifted sector-specific restrictions imposed during the recent West Asia conflict, in a sign that energy supply concerns are easing as global markets stabilise.

India trashes claim of declining minority rights, media freedom

India trashes claim of declining minority rights, media freedom

Rediff.com17 May 2026

India has rejected allegations of declining media freedom and erosion of religious and minority rights, asserting that the country is a vibrant democracy that guarantees free speech to all.

Half of Indian companies to adopt AI payroll in a year, ADP report finds

Half of Indian companies to adopt AI payroll in a year, ADP report finds

Rediff.com12 Jun 2026

A new report by ADP reveals that one in two Indian companies plan to adopt AI-powered payroll systems within the next 12 months, driven by the need for automation in workforce management, compliance, and compensation decisions. However, firms are increasingly cautious about data protection risks, especially with the implementation of the Digital Personal Data Protection (DPDP) Act, 2023.

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

Rediff.com14 Jun 2026

Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.

RBI dismisses gold sale rumours, confirms physical reserves steady at 880.52 tonnes

RBI dismisses gold sale rumours, confirms physical reserves steady at 880.52 tonnes

Rediff.com3 Jun 2026

The Reserve Bank of India (RBI) has debunked reports of gold sales, stating that its physical stock of gold remains unchanged at 880.52 tonnes, countering claims of selling approximately USD 12 billion to protect foreign-currency reserves.

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Rediff.com5 Jun 2026

Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.

India, US strike landmark critical minerals deal amid China concerns

India, US strike landmark critical minerals deal amid China concerns

Rediff.com27 May 2026

A readout by the US said the agreement marked a milestone in the strategic partnership between the two nations to ensure that the foundational elements required for advanced technology and energy are available within trusted networks.