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India staring at power crisis ahead of festive season

India staring at power crisis ahead of festive season

Rediff.com9 Oct 2021

In a year when the country produced record coal, rains hit movement of the fuel from mines to power generation units, impacting power generation in many states, including Gujarat, Punjab, Rajasthan, Delhi and Tamil Nadu.

'Welcome to the club': Kumble congratulates Ajaz

'Welcome to the club': Kumble congratulates Ajaz

Rediff.com4 Dec 2021

Spin great Anil Kumble congratulated New Zealand's Ajaz Patel, who matched the Indian's feat of taking all 10 wickets in an innings in Test cricket.

Jet lenders to take steep haircut of 95%

Jet lenders to take steep haircut of 95%

Rediff.com2 Jul 2021

Jalan Kalrock Consortium, the winning bidder for the grounded Jet Airways, will make a total cash infusion of Rs 1,375 crore in the airline and lenders will take a steep haircut on their admitted claims of over Rs 7,800 crore under the approved resolution plan. The National Company Law Tribunal (NCLT) on June 22, approved the consortium's resolution plan for Jet Airways, which has been undergoing insolvency resolution process since June 2019. The carrier shuttered operations in April 2019.

Jayalalithaa's death: TN panel indicts Sasikala, govt prepares for action

Jayalalithaa's death: TN panel indicts Sasikala, govt prepares for action

Rediff.com18 Oct 2022

The Justice A Arumughaswamy Commission of Inquiry that probed the circumstances leading to Jayalalithaa's death in 2016, in its concluding remarks said that V K Sasikala, the late Chief Minister's confidante, 'have to be found fault with and investigation is to be ordered'.

Rs 1.68 crore! The highest CTC at IIT-B this year

Rs 1.68 crore! The highest CTC at IIT-B this year

Rediff.com22 Dec 2021

The highest domestic CTC is up by 163 per cent at IIT-Bombay's first phase of placements.

Prithviraj Etc: Yash Raj's Box Office Record

Prithviraj Etc: Yash Raj's Box Office Record

Rediff.com13 Jun 2022

How films under the YRF banner have fared at the box office in the last five years.

Rlys to buy 100,000 more wagons amid freight, coal demand

Rlys to buy 100,000 more wagons amid freight, coal demand

Rediff.com4 Apr 2022

Amid rising demand for coal freight and an aggressive push towards diversifying its freight basket, Indian Railways is planning to buy 100,000 more wagons over the next three fiscal years. The procurement plan will majorly comprise BOXN wagons, which are used to transport coal, said a senior Ministry of Railways official. Notably, the railways recently floated a sizeable tender worth Rs 35,000 crore of wagons, which had been in the pipeline since 2018. "Our Budget Estimates for freight increase were conservative.

IPL Auction 2022: Teams, Players, all you need to know

IPL Auction 2022: Teams, Players, all you need to know

Rediff.com11 Feb 2022

Ahead of Saturday's event, here's a lowdown of ready references for the auction.

Ranji: Bengal trounce UP; Nagaland bowled out for 25!

Ranji: Bengal trounce UP; Nagaland bowled out for 25!

Rediff.com17 Dec 2022

Nagaland's scorecard resembled a telephone number, 0, 7, 0, 0, 0, 1, 0, 7, 10, 0 and 0 not out as they crashed for 25 against Uttarakhand.

Govt halts merger of 3 PSU general insurers

Govt halts merger of 3 PSU general insurers

Rediff.com8 Jul 2020

The Rs 12,450 crore capital infusion will enable the three public sector general insurance companies to improve their financial and solvency position, meet the insurance needs of the economy, absorb changes and enhance the capacity to raise resources and improve risk management.

Ranji: MP record resounding win over Jammu

Ranji: MP record resounding win over Jammu

Rediff.com16 Dec 2022

For MP, Saransh Jain, Kumar Kartikeya and Anubhav Agarwal also took two wickets apiece. MP got seven points from the win. The outright-winning team gets six points while a victory of an innings or 10-wickets fetches seven points.

Karnataka Congress halts Mekedatu padayatra due to Covid

Karnataka Congress halts Mekedatu padayatra due to Covid

Rediff.com13 Jan 2022

The Congress said it will continue their march once the COVID third wave declines and the curbs are relaxed.

Ranji: Himachal in command vs Haryana; Vidarbha in control

Ranji: Himachal in command vs Haryana; Vidarbha in control

Rediff.com14 Dec 2022

A summary of all the action from Day 2 of the Ranji Trophy matches played on Wednesday.

Despite huge outlay MGNREGA ends FY22 with Rs 20,000 cr negative balance

Despite huge outlay MGNREGA ends FY22 with Rs 20,000 cr negative balance

Rediff.com14 Apr 2022

The negative balance is largely on account of pending material cost for the work done under the programme during the year and even earlier.

BJP instigated people to burst firecrackers: Gopal Rai

BJP instigated people to burst firecrackers: Gopal Rai

Rediff.com5 Nov 2021

He alleged that the BJP made people burst firecrackers on Diwali.

Unemployment rate at 9.3% in Jan-Mar 2021: Survey

Unemployment rate at 9.3% in Jan-Mar 2021: Survey

Rediff.com30 Nov 2021

Unemployment rate for all ages in urban areas rose to 9.3 per cent in January-March 2021 from 9.1 per cent in the same month of the previous year, showed a periodic labour force survey by the National Statistical Office (NSO). Joblessness or unemployment rate (UR) is defined as the percentage of unemployed persons in the labour force. The UR for in CWS (current weekly status) in urban areas for persons of age 15 years and above was 10.3 per cent in October-December 2020, the ninth Periodic Labour Force Survey (PLFS) showed.

Rs 1.40 lakh crore budgetary support for Railways

Rs 1.40 lakh crore budgetary support for Railways

Rediff.com1 Feb 2022

The Railway ministry has been allocated budgetary support of Rs 140367.13 crore in the Union Budget on Tuesday - Rs 20,311 crore more than the revised figures of the previous fiscal. Overall, the national transporter is set to get a capital expenditure (CapEx) push of Rs 2.45 lakh crore in the financial year 2022-23, 14 per cent higher than the budgeted capital expenditure of Rs 2.15 lakh crore for the current financial year. Finance Minister Nirmala Sitharaman in her Budget speech for 2022-23 said that India will manufacture 400 new, energy-efficient Vande Bharat trains in the next three years.

When Will Banks End Customer Harassment?

When Will Banks End Customer Harassment?

Rediff.com30 Aug 2022

The branch managers have come out of their glass cabins and the sellers' market has transformed into a buyers' market, but there is no end to the harassment of customers, asserts Tamal Bandyopadhyay.

Active Covid cases in country lowest in 267 days

Active Covid cases in country lowest in 267 days

Rediff.com12 Nov 2021

The death toll climbed to 4,62,690 with 501 fresh fatalities, including 419 from Kerala, according to the data updated at 8 am.

Active COVID-19 cases in country lowest in 208 days

Active COVID-19 cases in country lowest in 208 days

Rediff.com10 Oct 2021

India logged 18,166 new coronavirus infections taking the country's total tally of COVID-19 cases to 3,39,53,475, while the active cases declined to 2,30,971, the lowest in 208 days, according to the Union health ministry data updated on Sunday.

Hazare: Rajasthan STUN Delhi; Punjab, TN register wins

Hazare: Rajasthan STUN Delhi; Punjab, TN register wins

Rediff.com15 Nov 2022

A roundup of the Vijay Hazare Trophy one-day matches played on Tuesday.

India logs 11,919 fresh Covid cases, 470 more deaths

India logs 11,919 fresh Covid cases, 470 more deaths

Rediff.com18 Nov 2021

The daily rise in the number of coronavirus cases has been below 20,000 for 41 straight days now and less than 50,000 fresh cases have been reported for 144 consecutive days.

RBI likely to leave policy rates unchanged till April: Report

RBI likely to leave policy rates unchanged till April: Report

Rediff.com4 Feb 2022

Striking a different note from its peers, US brokerage Bank of America Securities has maintained that the Reserve Bank will leave rates unchanged next week, recognising growth-focused and capex-driven fiscal expansion, which though poses huge price pressure and interest rate risks later. The RBI's rate setting panel Monetary Policy Committee (MPC) will begin its deliberations next Monday and announce the policy moves on Wednesday (February 9) in the backdrop of a massive spike in bond yields post the Budget. Almost all major central banks are in the process of hiking rates to tame inflation.

Cow is mother, sacred to us, says Modi in Varanasi

Cow is mother, sacred to us, says Modi in Varanasi

Rediff.com23 Dec 2021

He said those making jokes on cows and buffaloes forget that the livelihood of crores of people depends on "pashudhan".

52% turnout in J-K in first round of DDC polls

52% turnout in J-K in first round of DDC polls

Rediff.com28 Nov 2020

The DDC election is being seen as a triangular contest among the People's Alliance for Gupkar Declaration, the BJP and the Apni Party floated by former finance minister Altaf Bukhari.

95% Jet staff must consent to Kalrock-Jalan proposal or lose benefits

95% Jet staff must consent to Kalrock-Jalan proposal or lose benefits

Rediff.com6 Jul 2021

At least 95 per cent of Jet Airways employees will have to give their consent to the Kalrock-Jalan consortium's proposal or lose benefits offered to them under the revival plan. Voting on the consortium's offer for employees and workmen began on Monday and will go on till August 4. The National Company Law Tribunal cleared the consortium proposal to revive the airline on June 22. While Jet Airways had admitted claims of around Rs 15,000 crore, the consortium has offered to settle claims of Rs 475 crore of financial and non financial creditors.

Mumbai cops grill pharma boss over Remdesivir stock; BJP fumes

Mumbai cops grill pharma boss over Remdesivir stock; BJP fumes

Rediff.com18 Apr 2021

The Bharatiya Janata Party in Maharashtra objected to the pharma executive's grilling by Mumbai police, saying the Shiv Sena-led government in the state was playing politics amid the pandemic.

HC asks Karnataka Cong to furnish permission taken for its 'padayatra'

HC asks Karnataka Cong to furnish permission taken for its 'padayatra'

Rediff.com12 Jan 2022

The court directed the Congress to explain whether they were adhering to COVID norms such as wearing face masks, and maintaining social distancing.

Insurers face Covid claims of Rs 10,000 cr so far

Insurers face Covid claims of Rs 10,000 cr so far

Rediff.com12 Dec 2020

According to the data compiled by General Insurance Council, which is not publicly available, the insurers have settled 508,334 claims amounting to over Rs 4,800 crore.

Sweltering heat grips North; Delhi sizzles at 49 degree Celsius

Sweltering heat grips North; Delhi sizzles at 49 degree Celsius

Rediff.com15 May 2022

A tormenting heatwave swept through North India on Sunday with the mercury crossing 49 degrees Celsius in pockets of Delhi, while the weather office forecast some relief Monday onwards.

Forex reserves climb $3.1 bn to record $516.362 bn

Forex reserves climb $3.1 bn to record $516.362 bn

Rediff.com17 Jul 2020

Gold reserves were up by $712 million to $34.729 billion.

French co to buy 49% stake in GMR airport

French co to buy 49% stake in GMR airport

Rediff.com21 Feb 2020

Out of the total amount, Rs 9,780 crore would be towards secondary sale of shares by GMR group and Rs 1,000 crore would be equity infusion in GAL.

Another grim day as India sees 349,691 new Covid cases, 2767 deaths

Another grim day as India sees 349,691 new Covid cases, 2767 deaths

Rediff.com25 Apr 2021

With a record single-day rise of 3,49,691 new coronavirus infections, India's total tally of Covid-19 cases climbed to 1,69,60,172, while active cases crossed the 26-lakh mark, according to the Union health ministry data updated on Sunday.

A first in 3 decades, retail inflation in US higher than India for 4 months

A first in 3 decades, retail inflation in US higher than India for 4 months

Rediff.com15 Feb 2022

Emerging markets such as India have always run higher inflation rates than developed economies such as the US and countries of Western Europe. But for the first time in the past 30 years, the US reported a higher consumer price inflation (CPI) rate than India in five consecutive months. The US reported a CPI rate of 7.5 per cent in January 2022 against 6.01 per cent in India and analysts expect the trend to continue for at least a few months more

India's first smog tower fails to give breathable air to Delhiites

India's first smog tower fails to give breathable air to Delhiites

Rediff.com6 Nov 2021

The 24-metre-high air purifier recorded a PM2.5 concentration of 642 micrograms per cubic metre at the inlet and 453 micrograms per cubic metre at the outlet.

Action as per law for Covid rule breach: K'taka CM on Cong padayatra

Action as per law for Covid rule breach: K'taka CM on Cong padayatra

Rediff.com9 Jan 2022

Karnataka Chief Minister Basavaraj Bommai on Sunday said action will be taken in accordance with law, as he hit out at Congress leaders for going ahead with padayatra (march), demanding implementation of the Mekedatu project across the Cauvery river, by violating government's COVID-19 restrictions.

Women's WC: South Africa win thriller against New Zealand

Women's WC: South Africa win thriller against New Zealand

Rediff.com17 Mar 2022

Marizanne Kapp was again South Africa's star player as they edged a thrilling tussle with New Zealand, getting home with two wickets and three balls to spare.

Bharti Airtel Q4 profit zooms to Rs 2008 crore

Bharti Airtel Q4 profit zooms to Rs 2008 crore

Rediff.com17 May 2022

India's second-largest telecom operator Bharti Airtel on Tuesday posted more than twofold year-on-year jump in its consolidated net profit for the March quarter to Rs 2,008 crore, buoyed by a lift in average revenue per user and an exceptional gain. The telco said its Q4 scorecard was backed by strong performance delivery across the portfolio and its CEO Gopal Vittal, in a statement, exuded optimism about opportunities in the coming years and Airtel being "well-poised" as a company. Airtel, which competes in the market with Reliance Jio and Vodafone Idea, as well as state-owned BSNL/MTNL, promised to maintain razor sharp focus on financial flexibility, optimising the capital structure and finance cost.

India records 54,069 new Covid cases, 1,321 deaths

India records 54,069 new Covid cases, 1,321 deaths

Rediff.com24 Jun 2021

The number of active cases has declined to 6,27,057 and is 2.08 per cent of the total infections.

Forex kitty down by $902 mn to $474.66 bn

Forex kitty down by $902 mn to $474.66 bn

Rediff.com10 Apr 2020

Gold reserve also declined by $340 million to $30.55 billion.