News for 'us economy'

Trump to visit China this week amid global tension

Trump to visit China this week amid global tension

Rediff.com11 May 2026

US President Donald Trump will visit China from May 13 to 15 at the invitation of President Xi Jinping. The visit occurs amidst global tensions, including the war in West Asia and trade disputes between the US and China. Discussions are expected to cover China-US relations, world peace, and economic issues.

Consistent Bhuvneshwar Kumar reaches new milestone

Consistent Bhuvneshwar Kumar reaches new milestone

Rediff.com1 May 2026

Bhuvneshwar Kumar becomes the first Indian pacer to take 350 T20 wickets, achieving the milestone during RCB's IPL 2026 clash against Gujarat Titans.

UP, Haryana still below national wage line

UP, Haryana still below national wage line

Rediff.com23 Apr 2026

Despite a 21 per cent minimum wage hike in parts of Uttar Pradesh, factory workers in India, particularly in states like Uttar Pradesh and Haryana, continue to experience wages below the national average and a widening disparity compared to supervisors and managers.

Nine Killed In Militant Attack At Balochistan Mine

Nine Killed In Militant Attack At Balochistan Mine

Rediff.com23 Apr 2026

Nine workers were killed in an attack by militants on a copper and gold mine site in Pakistan's Balochistan province.

How Air India Is Modernising Its Long-Haul Fleet

How Air India Is Modernising Its Long-Haul Fleet

Rediff.com19 Apr 2026

Air India is upgrading its fleet of Boeing 787-8 aircraft, crucial for its long-haul operations, with retrofitting expected to be completed by early 2028. The airline has already received its first retrofitted plane, featuring a three-class configuration.

'No more Mr. Nice Guy': Trump warns Iran with a gun

'No more Mr. Nice Guy': Trump warns Iran with a gun

Rediff.com29 Apr 2026

Donald Trump has issued a stern warning to Iran, stating that the US will take a tougher stance if a diplomatic resolution regarding its nuclear programme is not reached soon.

Punjab Minister Accuses BJP Of Trying To Disrupt Peace

Punjab Minister Accuses BJP Of Trying To Disrupt Peace

Rediff.com6 May 2026

Punjab Finance Minister Harpal Singh Cheema has condemned the recent blasts in Amritsar and Jalandhar, calling them a deliberate attempt to spread terror and disrupt the state's peace. He accused the BJP of trying to create an atmosphere of fear and division for political gains ahead of elections.

Pinarayi Vijayan Accepts Election Defeat In Kerala

Pinarayi Vijayan Accepts Election Defeat In Kerala

Rediff.com7 May 2026

Former Kerala Chief Minister Pinarayi Vijayan acknowledges the LDF's defeat in the Assembly elections, vowing to serve as a responsible opposition and address shortcomings.

Were The West Bengal Elections Fair?

Were The West Bengal Elections Fair?

Rediff.com7 May 2026

The extent of doubts over the fairness of this election can be assessed by juxtaposing two figures: Total votes polled by the two principal parties and the number of people who were disallowed from voting this time, observes Nilanjan Mukhopadhyay.

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 could contribute 4 per cent of the GDP by 2030, a significant increase from the current 1 per cent.

The NEET Math That Encourages Cheating

The NEET Math That Encourages Cheating

Rediff.com15 May 2026

'22 students are fighting over 35,000 seats. In that situation, when someone tells a desperate parent there is a shortcut, and the shortcut costs Rs 3 to Rs 5 lakh versus Rs 1.5 crore -- the maths is seductive.'

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rediff.com5 May 2026

The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.

IPL 2026: 'Relieve Pant Of LSG Captaincy'

IPL 2026: 'Relieve Pant Of LSG Captaincy'

Rediff.com5 May 2026

'The pressure and responsibility of captaincy is slowly making us lose Rishabh Pant, the batter.'

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

IPL 2026: GT's Perfect Formula: Gill-Sudharsan Brilliance, Rashid's Ruthless Spell

IPL 2026: GT's Perfect Formula: Gill-Sudharsan Brilliance, Rashid's Ruthless Spell

Rediff.com10 May 2026

Rashid Khan's tactical brilliance and four-wicket haul powered Gujarat Titans to a dominant win over Rajasthan Royals, signalling the spinner's return to peak IPL form after recent struggles.

Five Risks For The Indian Economy

Five Risks For The Indian Economy

Rediff.com22 Jan 2026

India has managed high government debt-to-GDP, a slowing domestic revenue engine, lower household savings and a more hostile geopolitical environment separately in the past. But together, they threaten to undo the growth narrative on which today's optimism rests, warns Debashis Basu.

IPL 2026: KKR's Mystery Man Is Back: Varun Chakravarthy Turns Season Around

IPL 2026: KKR's Mystery Man Is Back: Varun Chakravarthy Turns Season Around

Rediff.com4 May 2026

Varun Chakravarthy, the Kolkata Knight Riders' mystery spinner, overcame a difficult start to the IPL season, battling injury and form to rediscover his wicket-taking ability and boost KKR's chances in the tournament.

Starmer Expresses Relief After Shooting Near Trump

Starmer Expresses Relief After Shooting Near Trump

Rediff.com26 Apr 2026

British Prime Minister Keir Starmer contacted US President Donald Trump to express his relief following a shooting incident near the White House Correspondents Dinner. The leaders also discussed the need to restore freedom of navigation in the Strait of Hormuz.

Every religion will break...: SC in Dawoodhi Bohras case

Every religion will break...: SC in Dawoodhi Bohras case

Rediff.com7 May 2026

The Supreme Court of India has voiced concerns about the potential consequences of individuals questioning religious practices in constitutional courts, warning it could lead to the fragmentation of religions and civilisation. A nine-judge Constitution bench is hearing petitions related to discrimination against women at religious places and the scope of religious freedom.

Who Will Win Kerala's Game Of Thrones?

Who Will Win Kerala's Game Of Thrones?

Rediff.com11 May 2026

Already, within the week of the election results it became apparent that the Congress' DNA has not changed from its traditional approach to politics as but a game of thrones, observes Ambassador M K Bhadrakumar.

Anukul Roy Aims For More Batting Responsibility At KKR

Anukul Roy Aims For More Batting Responsibility At KKR

Rediff.com9 May 2026

Anukul Roy, the Jharkhand all-rounder, has become a key player for Kolkata Knight Riders with his disciplined left-arm spin. He now seeks a more significant role with the bat, aiming to contribute more in the middle order and replicate his domestic success in the T20 league.

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.

ED probes Christian group over foreign card cash deals in Maoist areas

ED probes Christian group over foreign card cash deals in Maoist areas

Rediff.com25 Apr 2026

The Enforcement Directorate (ED) is investigating the use of foreign debit cards by a global Christian mission to withdraw crores of rupees in Naxal violence-hit regions of India. Searches were conducted in multiple states, and foreign debit cards, cash, and digital devices were seized.

FY26 Direct Tax Collection Rises 5% to Rs 23.40 Lakh Crore, Misses Revised Target

FY26 Direct Tax Collection Rises 5% to Rs 23.40 Lakh Crore, Misses Revised Target

Rediff.com4 May 2026

India's net direct tax collections increased by 5.12 per cent to over Rs 23.40 lakh crore in the 2025-26 fiscal year, but this figure still fell short of the revised budget target of Rs 24.21 lakh crore, primarily due to income tax cuts implemented earlier in the year.

'Vijay Not Only Had Star Power. He Had Timing'

'Vijay Not Only Had Star Power. He Had Timing'

Rediff.com13 May 2026

'Vijay entered politics at a much better age compared to Rajnikanth and Kamal Haasan. His fans are young and he has at least 2-3 decades ahead of him.'

Kerala Offers Congress Golden Chance; Will It Deliver?

Kerala Offers Congress Golden Chance; Will It Deliver?

Rediff.com8 May 2026

Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.

Ashwin Endorses Umesh Yadav As Khaleel Replacement At CSK

Ashwin Endorses Umesh Yadav As Khaleel Replacement At CSK

Rediff.com17 Apr 2026

Ravichandran Ashwin backs Umesh Yadav as a replacement for injured Khaleel Ahmed, who is set to miss IPL 2026 with a serious quadriceps injury.

Why Trump Enforced A Naval Blockade In Strait Of Hormuz

Why Trump Enforced A Naval Blockade In Strait Of Hormuz

Rediff.com25 Apr 2026

The US blockade on Iranian ports is aimed to curb Iranian energy exports, thereby crippling its economy to force Iran back to the negotiating table, points out Commodore Venugopal Menon (retd).

UP's new cuisine map leaves non-veg off the menu

UP's new cuisine map leaves non-veg off the menu

Rediff.com6 May 2026

The Uttar Pradesh government's 'One District One Cuisine' initiative, aimed at promoting local delicacies, has drawn criticism for omitting several iconic non-vegetarian dishes closely associated with the state's districts.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

Rediff.com3 May 2026

Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.

IPL 2026 Week 6: Record Chases, Stunning Centuries, Playoff Twists

IPL 2026 Week 6: Record Chases, Stunning Centuries, Playoff Twists

Rediff.com13 May 2026

IPL 2026 Week 6 featured Rohit Sharma's explosive return, Urvil Patel's record-equalling fifty, Finn Allen's maiden IPL ton and Rashid Khan's brilliant comeback spell.

Reopen Hormuz route quickly, stick to no-nuclear pledge: China to Iran

Reopen Hormuz route quickly, stick to no-nuclear pledge: China to Iran

Rediff.com6 May 2026

China has called on Iran to reopen the Strait of Hormuz and expressed appreciation for Tehran's commitment not to develop nuclear weapons, a key demand of the US to end the conflict.

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Rediff.com23 Apr 2026

Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.

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.

From surgery scare to five-star show: Mohsin Khan's stunning IPL comeback

From surgery scare to five-star show: Mohsin Khan's stunning IPL comeback

Rediff.com27 Apr 2026

Mohsin Khan scripts a remarkable comeback in IPL 2026 with his maiden five-wicket haul against KKR, highlighting his journey from a career-threatening injury to becoming one of the league's most effective pacers.

How PhonePe Achieved 700 Million Registered Users

How PhonePe Achieved 700 Million Registered Users

Rediff.com30 Apr 2026

PhonePe has announced it has surpassed 700 million registered users on its platform. This milestone underscores PhonePe's extensive reach in India and its diverse digital offerings in payments and financial services. The company's growth is attributed to increasing consumer trust, a strong distribution network, and a focus on user-friendly digital payment experiences.

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

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.

US enforces strict naval blockade on Iran, halts maritime trade

US enforces strict naval blockade on Iran, halts maritime trade

Rediff.com16 Apr 2026

The United States Central Command (CENTCOM) has confirmed the implementation of a naval blockade on Iranian ports, enforcing strict measures on vessels entering or departing, significantly escalating tensions between the two nations.