News for 'world-economics'

COVID-19: You may need a 'vaccine passport' to fly around the world

COVID-19: You may need a 'vaccine passport' to fly around the world

Rediff.com15 Feb 2021

Several companies and technology heavyweights including Microsoft, Oracle and Salesforce are working to create a digital vaccination passport or health passport app in the hope that governments and airlines will require travellers to upload details of their Covid-19 tests and immunisation. The vaccine passport will effectively create digital credentials that could be the key to attending crowded events or even visiting countries.

Trump again offers to 'help' resolve Kashmir issue

Trump again offers to 'help' resolve Kashmir issue

Rediff.com22 Jan 2020

"we're talking about Kashmir and the relation to what's going on with Pakistan and India. And if we can help, we certainly will be helping," the President said.

Davos Special: 10 inspiring life advice quotes from global leaders

Davos Special: 10 inspiring life advice quotes from global leaders

Rediff.com23 Jan 2018

This is what makes the World Economic Forum's annual summit special.

Representing 1.5 bn, Modi has an advantage on FB: Trump

Representing 1.5 bn, Modi has an advantage on FB: Trump

Rediff.com21 Feb 2020

As per official estimates, India's population currently is 1.3 billion people. Facebook pages on Thursday reflected that Modi is followed by 44 million people, while the account of Trump by 27 million. The US population is estimated to be 325 million.

Modi's Dilemma

Modi's Dilemma

Rediff.com13 Mar 2021

Our precipitous decline is being noticed and recorded abroad with alarm. It is strange that within India we are carrying on as if it is business as usual, observes Aakar Patel.

IMF cuts India's GDP growth rate to 7%

IMF cuts India's GDP growth rate to 7%

Rediff.com24 Jul 2019

However, the World Bank has projected India's GDP growth rate at 7.5 per cent for the next three financial years, including the current one.

Global economy could shrink by almost 1% in 2020: UN

Global economy could shrink by almost 1% in 2020: UN

Rediff.com2 Apr 2020

With nearly 100 countries closing national borders during the past month, the movement of people and tourism flows have come to a screeching halt. The contraction could be even higher if governments fail to provide income support and help boost consumer spending.

Will the real Mr Modi please stand up?

Will the real Mr Modi please stand up?

Rediff.com26 Feb 2021

Human memory about policy issues is short. That alone can explain why many are deliriously happy with his latest slogans and ignore seven years of poor 'doing business' climate, taxtortion, extortionate oil prices, and high dependence on babus and the big State that has kept the enterprise system stifled, observes Debashis Basu.

Why the axe fell on 3 senior ministers

Why the axe fell on 3 senior ministers

Rediff.com9 Jul 2021

To believe that the key job of his senior ministers is to ensure that his image be kept intact whatever be the outcome of his policies is to expect too much even of someone as ambitious as Narendra Modi, asserts Rashme Sehgal.

India to provide many more Covid vaccines: PM in WEF address

India to provide many more Covid vaccines: PM in WEF address

Rediff.com28 Jan 2021

India will soon make available many more COVID-19 vaccines to other countries after two Made-In-India jabs have already been introduced to the world, Prime Minister Narendra Modi said on Thursday while emphasising the country's global responsibility in fighting the pandemic.

'China would like to work with India to strengthen globalisation'

'China would like to work with India to strengthen globalisation'

Rediff.com25 Jan 2018

Chinese foreign ministry spokesperson Hua Chunying said Chinese President Xi Jinping called for moving globalisation to a more open, inclusive, universal, balanced and win-win direction.

Wealth of 100 richest Indians grew by Rs 12,97,822 cr during Covid: Oxfam

Wealth of 100 richest Indians grew by Rs 12,97,822 cr during Covid: Oxfam

Rediff.com25 Jan 2021

India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.

Sensex ends above 36k, Nifty breaches 11k-mark

Sensex ends above 36k, Nifty breaches 11k-mark

Rediff.com23 Jan 2018

Investor sentiment got a boost after the IMF said India will see its growth picking up to 7.4 per cent in 2018-19 to regain the status of the world's fastest growing major economy.

Prime Minister Modi in Davos for WEF

Prime Minister Modi in Davos for WEF

Rediff.com22 Jan 2018

Modi, the first Indian prime minister to attend the summit in two decades, would deliver the opening plenary address at the summit on Tuesday.

India blundered along, exactly as every other country did

India blundered along, exactly as every other country did

Rediff.com23 Jun 2021

Not to say that India couldn't have handled the situation better, but on average, it didn't do anywhere near as badly as the naysayers make it out argues Rajeev Srinivasan.

Shiv Nadar steps down, daughter Roshni is new chairperson of HCL Tech

Shiv Nadar steps down, daughter Roshni is new chairperson of HCL Tech

Rediff.com17 Jul 2020

Roshni, also a trained classical musician, came on the board of HCL Technologies in 2013 and was vice chairperson. Shiv Nadar would continue to be MD of the company with designation as chief strategy officer.

Covid-hit Chinese economy grows 4.9% in Q3

Covid-hit Chinese economy grows 4.9% in Q3

Rediff.com19 Oct 2020

China's economy, which suffered 6.8 per cent slump in the first quarter due to the coronavirus pandemic -- the worst in 44 years -- bounced back posting 4.9 per cent growth between July and September buoyed by the government's sweeping efforts to stimulate demand and consumption.

Lower refunds boost April tax collection by 36.5%

Lower refunds boost April tax collection by 36.5%

Rediff.com3 May 2020

Without accounting for refunds, however, the collection contracted 5.4 per cent, indicating muted economic activity as the Covid-19 pandemic and subsequent curbs paralysed most sectors.

World will realise Pak's potential once India ties improve: Imran

World will realise Pak's potential once India ties improve: Imran

Rediff.com22 Jan 2020

Khan also said Pakistan has decided to partner any other country only for peace and named the partnership with the US as the one.

Leonardo DiCaprio laments water crisis in Tamil Nadu

Leonardo DiCaprio laments water crisis in Tamil Nadu

Rediff.com27 Jun 2019

The 44-year-old actor, who is one of the most vocal environmentalists in Hollywood, shared a post by news outlet BBC on Instagram with the title, "Only rain can save Chennai from this situation".

'Stop behaving as if you're guilty: Rahul asks PM to speak up on PNB scam

'Stop behaving as if you're guilty: Rahul asks PM to speak up on PNB scam

Rediff.com18 Feb 2018

The Congress had on Thursday targeted Modi for the presence of Punjab National Bank fraud accused jewellery designer Nirav Modi in an Indian business delegation at the World Economic Forum in Davos.

Income inequality, jobless growth key concerns for leaders: WEF

Income inequality, jobless growth key concerns for leaders: WEF

Rediff.com7 Nov 2014

Top 10 trends for 2015 are deepening income inequality; jobless growth; lack of leadership; rising geostrategic competition; weakening of representative democracy; rising pollution in developing world; rising occurrence of severe weather events; intensifying nationalism increasing water stress and growing importance of health in the economy.

As govt gives WEF a miss, corporate honchos will represent India

As govt gives WEF a miss, corporate honchos will represent India

Rediff.com22 Jan 2019

The WEF meeting is crucial because of its theme encompassing globalisation at the time of rising nationalism and trade war, and the fourth industrial revolution due to rapid strides being made in robotics and artificial intelligence.

Biden on course to mend fences with China

Biden on course to mend fences with China

Rediff.com12 Feb 2021

'Chinese experts estimate that the new US administration is 'at the crossroads of how to re-manage and control' Sino-American differences and strategic divergences and Biden's bottom line is that the US would have 'extreme competition with China, but won't allow competition to develop into conflict',' notes Ambassador M K Bhadrakumar.

5 Indians in WEF's Young Global Leaders list

5 Indians in WEF's Young Global Leaders list

Rediff.com11 Mar 2020

Byju Classes' founder Byju Raveendran, Zomato co-founder Gaurav Gupta, CEO of Antara Senior Living, Tara Singh Vachani, Vinati Organics' MD & CEO Vinati Mutreja and Swapan Mehra, CEO of Iora Ecological Solutions are among 115 young leaders.

Has Modi run out of gas?

Has Modi run out of gas?

Rediff.com2 May 2021

Other strong men have stopped Modi and his hordes in states before, but none of them with a footprint or battle cry to shake up New Delhi, observes Saisuresh Sivaswamy.

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.

India slips 21 places in Global Gender Gap Index 2017

India slips 21 places in Global Gender Gap Index 2017

Rediff.com9 Nov 2017

Let's make some effort to make it come true and close the gender gap once and for all.

Sensex tanks 354 points; HDFC twins succumb to sell-off

Sensex tanks 354 points; HDFC twins succumb to sell-off

Rediff.com10 Apr 2019

Other top losers in the Sensex pack included Bharti Airtel, Asian Paints, TCS, HCL Tech, Tata Steel, SBI, IndusInd Bank and Hero MotoCorp, declining up to 3.28 per cent.

Imran's remarks show frustration; no 3rd party role in Kashmir: MEA

Imran's remarks show frustration; no 3rd party role in Kashmir: MEA

Rediff.com24 Jan 2020

"Our position has been clear and consistent on Kashmir... It is a bilateral issue between India and Pakistan," the MEA said. The US President had repeated his offer to 'help' resolve the issue on Tuesday.

63 Indian billionaires' wealth more than Budget 2018

63 Indian billionaires' wealth more than Budget 2018

Rediff.com20 Jan 2020

It will take a female domestic worker 22,277 years to earn a top CEO of a tech company makes in one year.

Post-coronavirus GDP, Budget targets likely in July

Post-coronavirus GDP, Budget targets likely in July

Rediff.com27 Apr 2020

'The numbers are null and void now. Look, we can give out projections now, but we know that a week later those numbers will also be irrelevant. So we need to wait,' a top government official said.

Trump tours border, repeats threat to declare national emergency

Trump tours border, repeats threat to declare national emergency

Rediff.com11 Jan 2019

But the Democrats appeared to be unconvinced by Trump's argument of national emergency.

Huawei can now participate in 5G trials in India

Huawei can now participate in 5G trials in India

Rediff.com31 Dec 2019

Huawei came under a cloud after allegations that the firm's electronic and telecom devices helped China spy on US corporations and agencies.

Indian start-ups shun China, turn to US firms for fund

Indian start-ups shun China, turn to US firms for fund

Rediff.com27 Jul 2020

India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.

Bumpy Road for India with Biden

Bumpy Road for India with Biden

Rediff.com8 Nov 2020

'Any normal human being, even if he is the American president, will find it hard, at least in the initial stages, to get over the gnawing feeling that Modi is Trump's man.' 'Modi should not be surprised if India and its requirements are treated as of low priority by Joe Biden,' warns B S Raghavan, the distinguished civil servant.

Shutdown puts Rs 15-trillion debt at risk

Shutdown puts Rs 15-trillion debt at risk

Rediff.com30 Mar 2020

Some of the top indebted companies likely to face financial headwinds in the coming quarters include NTPC, PowerGrid, Tata Steel, Adani Power, JSW Steel, UPL, and Steel Authority of India. Together these 201 companies owed Rs 14.9 trillion to their lenders at the end of September 30, 2019, up 4.1 per cent year-on-year (YoY) during the first half of FY20.

'Growth projections have to be taken with a pinch of salt'

'Growth projections have to be taken with a pinch of salt'

Rediff.com2 Dec 2020

'The question is, how soon we can expect to re-attain the pre-lockdown levels of output and income.'

India means business, Modi tells CEOs at Davos roundtable

India means business, Modi tells CEOs at Davos roundtable

Rediff.com23 Jan 2018

Under the tagline of 'India means business', the roundtable was attended by 40 CEOs of global companies and 20 from India.

How India botched up its war against COVID-19

How India botched up its war against COVID-19

Rediff.com10 May 2021

India is in the midst of its biggest crisis since Independence. It is a national emergency and begs to be dealt with. Politics can wait. Lives need to be saved. We need to vaccinate India at a pace faster than any country in the world, asserts Ramesh Menon.