News for 'us economy'

Will China Now Attack Taiwan?

Will China Now Attack Taiwan?

Rediff.com19 May 2026

Chinese leaders, including its generals, will have to weigh whether they can win a war if they ever attack Taiwan and if at all, can they sustain the subsequent devastation, notes Rup Narayan Das.

'#BringBackBhuvi': Ashwin wants Bhuvneshwar back in India's T20I team

'#BringBackBhuvi': Ashwin wants Bhuvneshwar back in India's T20I team

Rediff.com11 May 2026

Ravichandran Ashwin backed Bhuvneshwar Kumar for a return to India's T20I side after the RCB pacer's match-winning spell and late heroics against Mumbai Indians in IPL 2026.

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.

Gold, silver sell at huge discount after tariff hike

Gold, silver sell at huge discount after tariff hike

Rediff.com15 May 2026

Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.

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.

Bumrah called 'best bowler in the world'

Bumrah called 'best bowler in the world'

Rediff.com2 May 2026

Australian High Commissioner to India Philip Green has praised Jasprit Bumrah, calling him the best bowler in the world.

When Trump Met Xi: Check Out The Body Language

When Trump Met Xi: Check Out The Body Language

Rediff.com14 May 2026

US President Donald Trump and Chinese President Xi Jinping began a crucial two-day summit in Beijing on Thursday, with both leaders signalling a desire to stabilise relations between the world's two biggest economies despite deep disagreements on trade, Taiwan, technology and security issues.

IPL 2026: 'Something doesn't look right': Ashwin on Hardik Pandya

IPL 2026: 'Something doesn't look right': Ashwin on Hardik Pandya

Rediff.com15 May 2026

Ravichandran Ashwin defends Hardik Pandya's captaincy of the Mumbai Indians, stating that blaming him for the team's poor performance is unfair as the entire team failed to perform. Ashwin also highlights the social media scrutiny Hardik faced upon replacing Rohit Sharma as captain and raises concerns about Hardik's physical fitness affecting his batting.

Maharashtra Minister Accuses AIMIM Leader Over Shelter To Accused

Maharashtra Minister Accuses AIMIM Leader Over Shelter To Accused

Rediff.com12 May 2026

Maharashtra minister Sanjay Shirsat has accused AIMIM corporator Matin Patel of double standards for allegedly harbouring Nida Khan, who is accused in a Nashik TCS sexual harassment and forced conversion case.

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Rediff.com14 May 2026

Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.

What Is The Thucydides Trap That Xi Warned Trump About?

What Is The Thucydides Trap That Xi Warned Trump About?

Rediff.com14 May 2026

An explainer on the 'Thucydides Trap' and its relevance to current tensions between the United States and China, as discussed by President Xi Jinping.

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

Rediff.com4 May 2026

IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.

2 more chip packing units to come up by December: Vaishnaw

2 more chip packing units to come up by December: Vaishnaw

Rediff.com12 May 2026

Union Minister Ashwini Vaishnaw announced that two more semiconductor chip packaging units, part of the India Semiconductor Mission, are expected to be operational by July and December, respectively. He also highlighted India's focus on becoming a beneficiary of AI technology, expanding data centre infrastructure with significant investments, and developing new subsea cable networks for global connectivity.

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

Rediff.com14 May 2026

US President Donald Trump met with Chinese President Xi Jinping in Beijing to discuss trade, technology, Taiwan, and the Iran war. Xi Jinping said that 2026 will be a 'historic, landmark year' for China-US relations.

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.

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.

Modi embarks on five-nation tour; energy security, trade in focus

Modi embarks on five-nation tour; energy security, trade in focus

Rediff.com15 May 2026

Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.

WFH, no gold purchases, foreign travel, reduce fuel use: Modi calls for Covid-era methods

WFH, no gold purchases, foreign travel, reduce fuel use: Modi calls for Covid-era methods

Rediff.com11 May 2026

Prime Minister Narendra Modi has urged for restraint in the use of petro products due to the West Asia crisis, emphasising the need to save foreign exchange and reduce the impact of war. He also highlighted India's progress in solar power and ethanol blending, while assuring support to Telangana's development.

Trump, Xi hold talks in the 'biggest summit ever'

Trump, Xi hold talks in the 'biggest summit ever'

Rediff.com14 May 2026

US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

Rediff.com30 Apr 2026

Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Rediff.com5 May 2026

Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

Rediff.com22 Apr 2026

Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.

Modi inaugurates India's longest 6-lane highway connecting Meerut to Prayagraj

Modi inaugurates India's longest 6-lane highway connecting Meerut to Prayagraj

Rediff.com29 Apr 2026

Prime Minister Narendra Modi inaugurated the 594-km-long Ganga Expressway, connecting Meerut to Prayagraj, aiming to boost connectivity, industrial investment, and economic growth in Uttar Pradesh.

Arvind Subramanian: Be Wary of China Bashing

Arvind Subramanian: Be Wary of China Bashing

Rediff.com14 May 2026

It seems odd to criticise a country for delivering growth rates in standards of living and consumption that have been perhaps the fastest, longest, and most broad-based (affecting hundreds of millions of people) in history, points out Arvind Subramanian.

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.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com2 May 2026

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

S&P: India to maintain robust 6.3% growth even with $130/barrel crude

S&P: India to maintain robust 6.3% growth even with $130/barrel crude

Rediff.com16 Apr 2026

S&P Global Ratings projects India's economy to grow at 6.3 per cent even if crude oil prices average USD 130 per barrel in the current fiscal year, highlighting the nation's resilience amidst the West Asia crisis and strong commitment to fiscal consolidation.

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Rediff.com11 May 2026

Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.

Fadnavis unveils 'missing link' on Mumbai-Pune Expressway amid massive jams

Fadnavis unveils 'missing link' on Mumbai-Pune Expressway amid massive jams

Rediff.com1 May 2026

Maharashtra's Chief Minister inaugurated the 'Missing Link' project on the Mumbai-Pune Expressway, designed to bypass a steep mountain pass, reduce travel time, and boost economic activity.

IPL 2026: Dwayne Bravo drops big truth on Varun's season

IPL 2026: Dwayne Bravo drops big truth on Varun's season

Rediff.com7 May 2026

Kolkata Knight Riders bowling coach Dwayne Bravo credits the franchise's unwavering support for Varun Chakravarthy's return to form in the IPL, emphasising the importance of mental recovery and strategic thinking in T20 cricket.

Want A Credit Card? Read This

Want A Credit Card? Read This

Rediff.com6 May 2026

'First-time applicants may witness longer approval times or higher rejection rates and requests for more documentation.'

KKR's spin threat awaits inconsistent RCB in playoff race

KKR's spin threat awaits inconsistent RCB in playoff race

Rediff.com13 May 2026

Royal Challengers Bengaluru will aim to rediscover their batting form against Kolkata Knight Riders, whose in-form bowling attack has revived their IPL 2026 playoff hopes.

How India's Digital Infrastructure Can Boost GDP By 2030

How India's Digital Infrastructure Can Boost GDP By 2030

Rediff.com27 Apr 2026

A NITI Aayog report indicates that India's digital public infrastructure (DPI) initiatives are projected to contribute significantly to the nation's GDP, potentially reaching 4 per cent by 2030.

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.

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Rediff.com14 May 2026

Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.

Trump briefed on new military options, says Iran 'dying for a deal'

Trump briefed on new military options, says Iran 'dying for a deal'

Rediff.com1 May 2026

President Trump has been briefed on potential military actions against Iran, including strikes on infrastructure and control of the Strait of Hormuz, even as negotiations continue. He maintains economic pressure is the primary strategy, while legal questions arise over war powers.

5 Wins: How GT Took Over IPL 2026

5 Wins: How GT Took Over IPL 2026

Rediff.com13 May 2026

Gujarat Titans have defied expectations to lead the IPL 2026 points table, showcasing a remarkable turnaround powered by a strong bowling unit, the inclusion of Jason Holder and Shubman Gill's effective leadership.

Why India's Next Wave Of Startups Should Focus On Deep Tech

Why India's Next Wave Of Startups Should Focus On Deep Tech

Rediff.com28 Apr 2026

Infosys co-founder Kris Gopalakrishnan urges Indian startups to focus on deep technology and advanced manufacturing to ensure strategic autonomy.

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Rediff.com13 May 2026

India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.