Can't pay Rs 4 lakh aid to COVID-19 victims' kin: Centre to SC

The Centre has told the Supreme Court that ex-gratia compensation of Rs 4 lakh cannot be paid to the families of those who have died of COVID-19 as it is beyond fiscal affordability and the......

'Economy is not bad as it was during the first wave'

'While there has been an impact on economic activity, it is not as profound as the lockdown last year.' IMAGE: People throng markets following the easing of Covid lockdown norms in Bhopal, June 7,......

'RBI is buying time'

'RBI can only take care of survival, not recovery.' Illustration: Dominic Xavier/Rediff.com   Dr Pronab Sen, former chairman of the Indian Statistical Commission, tells Prasanna D......

'Bengal has a lot to learn from Gujarat'

'Look at the number of billionaires, the number of new billionaires in India.''Adani and Ambani are not the only ones.''What's wrong with people making money as long as it benefits us?' IMAGE: A......

Can Sensex Hit 86,000 in 2024?

Illustration: Dominic Xavier/Rediff.com   Leading foreign brokerages, such as Goldman Sachs, Morgan Stanley and Barclays, are upbeat on the Indian equity markets for 2024, even as they remain......

Metal stocks rally defies global peers, not backed by fundamentals

Metal and mining companies, such as Tata Steel, JSW Steel, Hindalco, and Coal India, have been among the top-performing sectors on the bourses in recent months. Photograph: Kham/Reuters The S&P......

'Growth is fragile'

'If all goes well, we may well hit or even surpass the forecast growth rate.' Illustration: Uttam Ghosh/Rediff.com "But a lot of things can go wrong, and the MPC should in my view keep a careful......

Strong FPI flows, buoyant retail sentiment to keep bulls snorting

Indices across Indian equity markets have edged towards new record highs before undergoing a small correction in the past few sessions. Photograph: Danish Siddiqui/Reuters The National Stock......