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Rs Least Volatile Against $ In 30 Years

Rs Least Volatile Against $ In 30 Years

Rediff.com5 Jan 2024

Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.

After multiple attacks, China hires private agency to secure assets overseas

After multiple attacks, China hires private agency to secure assets overseas

Rediff.com28 Dec 2023

This may be in line with Russia's private military company, Wagner Group, which was controlled until 2023 by Yevgeny Prigozhin, a former close ally of Russia's president Vladimir Putin. The group used the infrastructure of the Russian Armed Forces.

Did not ask for ceasefire in Gaza: Biden after speaking with Netanyahu

Did not ask for ceasefire in Gaza: Biden after speaking with Netanyahu

Rediff.com24 Dec 2023

In a statement later, the White House said Biden and Netanyahu discussed Israel's military campaign in Gaza, including its "objectives and phasing".

When Patriotism Sets In, The Game Suffers A Rout

When Patriotism Sets In, The Game Suffers A Rout

Rediff.com23 Dec 2023

Just as the umpire's decision is no longer final, what is disdainfully rejected is the age-old dictum that the game should be played and watched in the spirit of the game, sighs Uddalok Bhattacharya.

2024 Olympics: The major security challenges for Paris

2024 Olympics: The major security challenges for Paris

Rediff.com21 Dec 2023

Prganisers will be on high alert to ensure the event goes off safely.

Three Lessons To Learn From Dronaacharya

Three Lessons To Learn From Dronaacharya

Rediff.com20 Dec 2023

Three takeaways for individuals living in a global society today, where misinformation and disinformation are rife.

My Nobel Moments

My Nobel Moments

Rediff.com19 Dec 2023

It was lovely to enjoy the magical atmosphere of celebrating the spectacular accomplishments of extraordinary men and women who had enriched the world of sciences, literature and peace, notes Ambassador T P Sreenivasan after attending last week's Nobel Prize awards ceremony.

India's biggest challenge is inclusive growth: Chandrasekaran

India's biggest challenge is inclusive growth: Chandrasekaran

Rediff.com18 Dec 2023

All the global transitions are working in India's favour, giving it the potential to become a force in today's uncertain world, but one of the country's biggest challenges is inclusive growth, Tata Sons chairman N Chandrasekaran said on Monday. In his address at the JRD Tata Oration, the head of the Tata group also asserted that Artificial Intelligence (AI) is here to stay and it will be beneficial if India prepares for it. Post the cold war era of relative stability and prosperity, the world appears to have given way to unpredictable conflicts and economic uncertainty, he said, adding that the pandemic resulted in supply chain shocks of gigantic proportion.

A Rainy Day Check-List for Chennaiites

A Rainy Day Check-List for Chennaiites

Rediff.com18 Dec 2023

If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.

'Mumbai will always be vulnerable'

'Mumbai will always be vulnerable'

Rediff.com6 Dec 2023

'If we have to restrict and fight terrorism, first and foremost, we have to ensure communal harmony in the country.'

'Don't call me Uncle. Call me Sam'

'Don't call me Uncle. Call me Sam'

Rediff.com3 Dec 2023

Besides his strategic and tactical acumen, it was his amazing personality, quick wit and ability to remain unflustered under any circumstances that stood him apart from almost any leader one has read about or known, recalls Lieutenant General Syed Ata Hasnain (retd).

Want To Be A Drone Pilot? Read This

Want To Be A Drone Pilot? Read This

Rediff.com29 Nov 2023

'Candidates will receive hands-on training in drone piloting, maintenance, data analysis, and regulatory compliance.'

Shivaji's Historic Escape From Agra

Shivaji's Historic Escape From Agra

Rediff.com24 Nov 2023

In 1666, Shivaji Maharaj and his son Sambhaji escaped from the Agra Fort, one of the most miraculous escapes in India's history.

RBI Governor Wants Bankers To Be Like Dravid

RBI Governor Wants Bankers To Be Like Dravid

Rediff.com20 Nov 2023

The governor made it clear that the RBI is aware of what's happening and acts accordingly, but doesn't make a noise about that, points out Tamal Bandyopadhyay.

Ceasefire in Gaza is not peace as long as Hamas clings to destruction: Biden

Ceasefire in Gaza is not peace as long as Hamas clings to destruction: Biden

Rediff.com19 Nov 2023

Biden also called for Israel to respect humanitarian law and minimise the loss of civilian life, saying he counselled Israeli officials during his trip to Tel Aviv "against letting their hurt and rage mislead them into making mistakes we ourselves have made in the past."

'I don't think I will die so fast'

'I don't think I will die so fast'

Rediff.com16 Nov 2023

'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'

Cash-strapped Pak sold weapons worth $364mn to Ukraine: Report

Cash-strapped Pak sold weapons worth $364mn to Ukraine: Report

Rediff.com14 Nov 2023

Citing details of the contract from the American Federal Procurement Data System, the BBC report claimed that Pakistan signed two contracts with American companies named "Global Military" and "Northrop Grumman" for the sale of 155mm shells.

Why Bankers Love 'Casa'

Why Bankers Love 'Casa'

Rediff.com13 Nov 2023

Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits. Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit liability brings down its cost of money, points out Tamal Bandyopadhyay.

HDFC Bank 2.0 under Sashidhar Jagdishan: Steady beginning, miles to go

HDFC Bank 2.0 under Sashidhar Jagdishan: Steady beginning, miles to go

Rediff.com6 Nov 2023

Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, the largest private-sector lender of the country, has just completed his first term. The period October 2020-October 2023 was a roller coaster, and the second one, which started on October 27, could be more interesting as the lender absorbs the impact of the merger of HDFC, which was integrated on July 1, and moves to the next growth phase. Soon after he took over the reins from Aditya Puri on October 27, 2020, the Reserve Bank of India (RBI) debarred HDFC Bank from enrolling new credit card customers and launching new products under the Digital 2.0 programme due to repeated outages on its mobile-banking and internet-banking platforms.

Wage provisions limit SBI Q2 net profit growth to 9%

Wage provisions limit SBI Q2 net profit growth to 9%

Rediff.com4 Nov 2023

The country's largest lender SBI on Saturday reported a 9.13 per cent rise in consolidated net profit to Rs 16,099.58 crore for the September quarter, weighed down by money it had to set aside for employees' impending wage and pension revisions. On a standalone basis, the State Bank of India (SBI) had a 8.03 per cent increase in the profit after tax for the reporting quarter at Rs 14,330 crore. However, the same was down 15.13 per cent compared to Rs 16,884 crore in the June quarter.

If suffering in Gaza intensifies...: US warns Israel

If suffering in Gaza intensifies...: US warns Israel

Rediff.com4 Nov 2023

United States President Joe Biden and his top advisors have warned Israel that it will become increasingly difficult for it to pursue its military goals in Gaza as global outcry intensifies about the scale of humanitarian suffering in the crisis-stricken region, CNN reported.

Jawan, Sushmita And A Baby On OTT

Jawan, Sushmita And A Baby On OTT

Rediff.com3 Nov 2023

It's an action packed menu on OTT this week.

IDF frees soldier captured by Hamas during ground op

IDF frees soldier captured by Hamas during ground op

Rediff.com31 Oct 2023

The Israel Defence Forces (IDF) on Monday said that a soldier captured by the Hamas terror group has been rescued during ground operations and she is now with her family.

Tatas to be India's first homegrown iPhone maker

Tatas to be India's first homegrown iPhone maker

Rediff.com27 Oct 2023

Tata Group is set to become India's first homegrown iPhone maker after Taiwan's Wistron Group agreed to sell a plant in Bengaluru to India's largest conglomerate. Wistron's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd to Tata Electronics for $125 million, the Taiwanese electronics manufacturer said in a statement on Friday. The unit operates an iPhone assembly plant near Bengaluru.

'Hamas is not stupid'

'Hamas is not stupid'

Rediff.com25 Oct 2023

'The Israeli government is saying, "OK, leave northern Gaza, because we're going to fight Hamas there".' 'But Hamas is not stupid. They are going to put militants in southern Gaza too. And then what's Israel going to do?' 'At some point are they going to say, 'Leave southern Gaza too because we want to fight Hamas there? Go across the border to Egypt"'? 'That's what people are worried about. Because they fear that once they cross the border into Egypt there will be no coming back.'

Kerala firm to stop supplying uniform to Israeli police over Gaza war

Kerala firm to stop supplying uniform to Israeli police over Gaza war

Rediff.com21 Oct 2023

'We request everyone to stop the war. The Israel police force will not be short of uniforms because of our decision. But this a moral decision. Bombing of the hospitals cannot be accepted... We have decided not to take further orders temporarily'

Targeting of civilians in Gaza a heinous crime, MBS tells Sunak

Targeting of civilians in Gaza a heinous crime, MBS tells Sunak

Rediff.com20 Oct 2023

Saudi Arabia Prince Mohammed bin Salman met with British Prime Minister Rishi Sunak and noted that the targeting of civilians in Gaza was a "heinous crime and a brutal attack", Arab News reported citing the Saudi Press Agency.

'Netanyahu should resign!'

'Netanyahu should resign!'

Rediff.com19 Oct 2023

'He is ultimately responsible for this failure, having ignored warnings from Egypt and the US about the attacks.'

Can't Defeat Modi Using Caste Census!

Can't Defeat Modi Using Caste Census!

Rediff.com19 Oct 2023

Will a caste census make tens of millions desert Mr Modi?, asks Shekhar Gupta.

What Advice Did Biden Give Netanyahu?

What Advice Did Biden Give Netanyahu?

Rediff.com19 Oct 2023

On Wednesday, October 18, 2023, US President Joe Biden visited Tel Aviv to express support for Israel in public and persuade Prime Minister Benjamin Netanyahu and the Israeli war cabinet in private to allow humanitarian assistance to the Palestinians in Gaza.

Row over no guard of honour for Agniveer in Punjab

Row over no guard of honour for Agniveer in Punjab

Rediff.com15 Oct 2023

However, the Army, in a statement, said since Singh's cause of death was a self-inflicted gunshot injury, no guard of honour or military funeral was provided, in accordance with the existing policy.

Israel's Gaza Offensive And The US Dilemma

Israel's Gaza Offensive And The US Dilemma

Rediff.com13 Oct 2023

Israel needs to come terms with the new reality that they are no longer invincible or the dominant power in the West Asian region, observes Ambassador M K Bhadrakumar.

Ukraine war delayed S-400 missile supplies, may get system in 1 year: IAF chief

Ukraine war delayed S-400 missile supplies, may get system in 1 year: IAF chief

Rediff.com4 Oct 2023

The IAF had signed a contract for five squadrons of the S-400 air defence missile systems of which three units were received in time but two squadrons have not yet been supplied.

'Building a war chest essential for expansion'

'Building a war chest essential for expansion'

Rediff.com3 Oct 2023

'To sustain our growth trajectory, we must continue to explore and capitalise on growth opportunities.'

Some headwinds emerge for India's cement sector amidst high valuations

Some headwinds emerge for India's cement sector amidst high valuations

Rediff.com1 Oct 2023

The sector may be overcrowded with a fair number of large players and the entry of the Adani Group through its two key acquisitions, followed by the takeover of majority stake in Sanghi Industries via Ambuja Cements. Since every major player is in expansion mode, there could be a capacity surplus and hence, price wars.

Maya, 9, Goes To The Isle of Wight

Maya, 9, Goes To The Isle of Wight

Rediff.com26 Sep 2023

I was fascinated to see a room that was decorated like an Indian palace at Osbourne House, which was Queen Victoria's home when she visited the Isle of Wight.

This is how Kerala brought Nipah under control in no time

This is how Kerala brought Nipah under control in no time

Rediff.com20 Sep 2023

Kerala is the only state, other than West Bengal (2001 and 2007), in India to have reported Nipah virus cases. Kerala is the only state, other than West Bengal (2001 and 2007), in India to have reported Nipah virus cases. The previous outbreaks in the state were in May 2018, June 2019 and September 2021. This explains the anticipation and readiness this year, reports Shine Jacob.

Old Parliament building to be now known as...

Old Parliament building to be now known as...

Rediff.com20 Sep 2023

The old Parliament building will now be known as 'Samvidhan Sadan', Lok Sabha Speaker Om Birla said on Tuesday as the functioning of Parliament shifted to its new building in New Delhi.

'India's economic growth in FY24 to be above 6%'

'India's economic growth in FY24 to be above 6%'

Rediff.com18 Sep 2023

India's economic growth will be above 6 per cent in the current fiscal as the country has managed to strengthen its macroeconomic stability and performance even in a period of large global shocks, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Monday. Goyal further said that a global slowdown reducing India's export growth, geopolitics fueling oil and food prices, and erratic weather are some of the continuing risks that the country faces. "India has managed to strengthen its macroeconomic stability and performance even in a period of large global shocks.

Sentiment turns stronger for steel stocks

Sentiment turns stronger for steel stocks

Rediff.com9 Sep 2023

Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. First, there was a sharp price rise due to fears of supply disruption, followed by weak global demand. China's weakness and rolling lockdowns have hit production and demand.

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