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Paralympics: India's schedule on September 4, 2024

Paralympics: India's schedule on September 4, 2024

Rediff.com3 Sep 2024

India schedule for the seventh day of the Paris Paralympics on Wednesday. Bhavina Patel, is aiming to upgrade her Tokyo silver medal to gold in Paris.

Who's This Gorgeous Golden Girl?

Who's This Gorgeous Golden Girl?

Rediff.com9 Oct 2024

The Elle India Fashion Awards 2024's red carpet - Rediff.com's Hitesh Harisinghani was there with his trusty camera -- saw celebs sashay in high-fashion outfits, especially in dramatic cascading satin gowns and sleek tuxedos.

'Industry Has To Help Us'

'Industry Has To Help Us'

Rediff.com16 Aug 2024

'There will be 200 ITIs developed as hubs, while 800 will be developed as spoke, connected with five National Skill Training Institutes.'

Honda Motorcycle and Scooter launches Activa in electric avatar

Honda Motorcycle and Scooter launches Activa in electric avatar

Rediff.com27 Nov 2024

Honda Motorcycle and Scooter India (HMSI) on Wednesday forayed into the fast-growing domestic electric mobility market with the introduction of e-scooters, ACTIVA e: and QC1, with swappable and fixed batteries. With this, the Japanese two-wheeler maker will now be competing with other legacy players such as Bajaj Auto, Hero MotoCorp, TVS Group as well as pure EV players like Ather and Ola, who already have a good presence in the segment, which is growing at 34 per cent year-on-year.

Govt plans to skill 20 lakh youth over 5 years

Govt plans to skill 20 lakh youth over 5 years

Rediff.com23 Jul 2024

The government on Tuesday announced a new centrally-sponsored scheme for skilling 20 lakh youth over the next five years. The announcement was made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25. The minister said that model skilling loan scheme will be revised to facilitate loans up to Rs 7.5 lakh.

'Atal ji picked my call but Sonia kept me waiting'

'Atal ji picked my call but Sonia kept me waiting'

Rediff.com1 Dec 2024

After being elected president of the Inter-Parliamentary Union (IPU) in 1999, Najma Heptulla rang up the then Congress chief Sonia Gandhi from Berlin to convey the news but had to hold the phone line for an hour as a staff told her that 'madam is busy'.

Smartphone market value surges 12% in Q3CY24: Counterpoint

Smartphone market value surges 12% in Q3CY24: Counterpoint

Rediff.com4 Nov 2024

India's smartphone market grew by three per cent year-on-year (Y-o-Y) in volume in the third quarter (Q3) of calendar year 2024, while its value surged by 12 per cent Y-o-Y to reach an all-time record for a single quarter, according to a report by research firm Counterpoint. The value growth was driven by an ongoing premiumisation trend, while the increase in volume was driven by an earlier onset of the festival season compared to the previous year.

'Next 2-3 Months Crucial For Equities'

'Next 2-3 Months Crucial For Equities'

Rediff.com17 Dec 2024

'Geopolitics will be the most important driver of financial markets in 2025.'

Air Chief Marshal A P Singh takes over as IAF chief

Air Chief Marshal A P Singh takes over as IAF chief

Rediff.com30 Sep 2024

Air Chief Marshal Amar Preet Singh, an accomplished fighter pilot with more than 5,000 hours of flying experience, on Monday assumed charge as new chief of the Indian Air Force, succeeding incumbent Air Chief Marshal V R Chaudhari.

'Quality Stocks Survive, Thrive In Downturns'

'Quality Stocks Survive, Thrive In Downturns'

Rediff.com12 Dec 2024

'To be able to sail through such volatilities, it is prudent to focus on quality.'

Moody's upgrade: Jaitley vows to continue reforms

Moody's upgrade: Jaitley vows to continue reforms

Rediff.com17 Nov 2017

Listing the series of reforms which led to the upgrade, he said while demonetisation took the economy towards greater formalisation and digitisation, use of Aadhaar ensured targeted delivery of government benefits.

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rediff.com26 Nov 2024

Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch. Moody's affirmed the ratings on all seven entities -- Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.

'Bharat' Atishi Takes Charge Of Delhi

'Bharat' Atishi Takes Charge Of Delhi

Rediff.com23 Sep 2024

Delhi's youngest Chief Minister Atishi took charge of the capital's government on Monday, September 23, 2024.

Vi starts upgrading 3G subscribers to 4G

Vi starts upgrading 3G subscribers to 4G

Rediff.com28 Sep 2020

Vi will continue to offer basic voice data services to its 2G users.

Be a good neighbour, don't stoke fire of hatred: Manipur slams Mizoram CM

Be a good neighbour, don't stoke fire of hatred: Manipur slams Mizoram CM

Rediff.com30 Nov 2024

The Manipur government has accused Mizoram Chief Minister Lalduhoma of stoking hatred and division through "unwarranted comments" and called on him to display "better statesmanship" by being a "good neighbour". In a statement, the Manipur government alleged that Lalduhoma's comments were part of a "greater agenda" to carve out a Kuki-Chin Christian nation from contiguous areas of Myanmar, India, and Bangladesh. It also warned against any attempt to "push" illegal Kuki-Chin immigrants from Mizoram into Manipur for land grabbing and the creation of a "Greater Mizoram." The Mizoram government could not be reached immediately for comment.

Godrej Properties to gain from strong land portfolio, demand outlook

Godrej Properties to gain from strong land portfolio, demand outlook

Rediff.com3 Dec 2024

Expansion of its development portfolio, brokerage upgrades, and strong outlook have led to a 15 per cent gain for the stock of real estate major Godrej Properties (GPL) in six trading sessions. The company recently acquired a 53-acre land parcel in Joka, Kolkata with an estimated development potential of 1.3 million square feet of saleable area with an estimated revenue potential of Rs 500 crore.

What Supreme Commander Told Officers...

What Supreme Commander Told Officers...

Rediff.com28 Nov 2024

'We not only have to secure our national interests but also prepare for new national security challenges like cyber warfare and terrorism.'

'Kavach Would Have Prevented This Accident'

'Kavach Would Have Prevented This Accident'

Rediff.com21 Jun 2024

'The Railways decided to go for kavach three years back, but the progress has been very slow.'

Fitch upgrades RIL a notch above India's sovereign rating

Fitch upgrades RIL a notch above India's sovereign rating

Rediff.com24 Jun 2021

Fitch Ratings has upgraded Reliance Industries Ltd's (RIL) rating to 'BBB', one notch above India's sovereign rating, as the company benefits from cash flow generation across diversified business segments and continuation of deleveraging. In a statement, Fitch said it has upgraded RIL's long-term foreign-currency issuer default rating (IDR) to 'BBB', from 'BBB-', with a negative outlook. At the same time, the agency has affirmed RIL's long-term local-currency IDR at 'BBB+' with a stable outlook.

CLSA shifts focus back to India, cuts China exposure

CLSA shifts focus back to India, cuts China exposure

Rediff.com15 Nov 2024

Global brokerage firm CLSA has reversed its early tactical shift from Indian equities to Chinese stocks, and has decided to raise India allocation while cutting exposure to China. In its report titled 'Pouncing Tiger, Prevaricating Dragon', CLSA cited challenges facing Chinese markets in the aftermath of Donald Trump's victory in the US elections as the reason for the move. "Misfortune can happen in threes. So it has played out for Chinese equities over the past week.

Budget: Nirmalaji sets the ball rolling; FM to hold meets

Budget: Nirmalaji sets the ball rolling; FM to hold meets

Rediff.com16 Jun 2024

Finance Minister Nirmala Sitharaman is likely to hold pre-budget consultations with industry chambers on June 20, sources said. The budget for 2024-25 fiscal is likely to be presented in Parliament in the second half of July. Industry sources said the pre-budget consultation with Sitharaman would be preceded by a meeting with Revenue Secretary Sanjay Malhotra on June 18.

Baba Siddique murder: Celebs in crosshairs of underworld

Baba Siddique murder: Celebs in crosshairs of underworld

Rediff.com16 Oct 2024

Here are some instances of celebrities coming in the crosshairs of the underworld with cases of extortion, threats and even a killing.

Sitharaman urges banks to make loans affordable

Sitharaman urges banks to make loans affordable

Rediff.com18 Nov 2024

Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Speaking at an event organised by State Bank of India, the finance minister said that at present, India requires industry to ramp up and invest in new facilities, and added that lowering lending rates can help achieve the "Viksit Bharat" aspiration.

Paris Paralympics: Navdeep wins historic GOLD; Simran bags bronze in 200m

Paris Paralympics: Navdeep wins historic GOLD; Simran bags bronze in 200m

Rediff.com8 Sep 2024

India's Navdeep Singh claimed gold medal in a dramatic men's javelin throw F41 final while Simran won the bronze medal in the women's 200m T12 final at the Paralympic Games in Paris on Saturday.

F1: Ferrari's Leclerc takes pole at home Grand Prix

F1: Ferrari's Leclerc takes pole at home Grand Prix

Rediff.com25 May 2024

Leclerc took pole in Monaco in 2021, but did not start the race due to a driveshaft failure, and 2022 when he ended up fourth.

Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag

Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag

Rediff.com14 Jun 2024

Mutual funds' largecap investment universe is expected to see seven changes in the upcoming stock reclassification exercise by the Association of Mutual Funds in India (Amfi). According to a report by IIFL Securities, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana Motherson are expected to earn upgrades in the revised list of largecap, midcap and smallcap stocks set to be released in the first week of July. Amfi revises the list at the start of January and July every year based on the previous six-month performance of the stock.

CLSA upgrades Bajaj Finance as it logs record customer, loan growth in Q4

CLSA upgrades Bajaj Finance as it logs record customer, loan growth in Q4

Rediff.com13 Apr 2023

Bajaj Finance's quarterly business update, coupled with around 24 per cent fall over the past six months, has turned risk-reward favourable for investors, observe analysts. They see up to 39 per cent upside in the stock, from a one-year perspective. Global brokerage CLSA, for instance, has upgraded the stock from 'underperform' to 'outperform' with an increased one-year target price of Rs 6,600 (vs Rs 6,000 earlier) as it believes the risk-reward has turned favourable for the counter, and there is scope for expansion if growth remains robust.

India needs to avoid the middle-income trap: NITI document

India needs to avoid the middle-income trap: NITI document

Rediff.com27 Jul 2024

Upgrading capabilities in manufacturing and logistics and bridging the gap between rural and urban incomes are some of the structural challenges that India needs to address, according to a document prepared by NITI Aayog. In the document titled 'Vision for Viksit Bharat @ 2047:An Approach Paper, the Aayog said India needs to avoid the middle-income trap and carefully work towards breaking out of it.

Execution key for further gains in Tata Power after Q2

Execution key for further gains in Tata Power after Q2

Rediff.com9 Nov 2024

Tata Power's Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).

Gwalior to host India's 1st T20I vs Bangladesh

Gwalior to host India's 1st T20I vs Bangladesh

Rediff.com13 Aug 2024

Gwalior will host the opening T20 International between India and Bangladesh scheduled on October 6 instead of Dharamsala, where renovation work is being carried out by the Himachal Pradesh Cricket Association

Pak to host 2nd Test vs B'desh without spectators

Pak to host 2nd Test vs B'desh without spectators

Rediff.com14 Aug 2024

The PCB said the difficult decision had been taken due to the ongoing construction work at the venue

Vistara-Air India merger: How these two distinct brands will blend

Vistara-Air India merger: How these two distinct brands will blend

Rediff.com4 Nov 2024

In about a fortnight, Vistara - known for its premium service - will take off on its final flight before merging into the legacy of Air India. Set for November 12, the merger has sparked discussions on how these two distinct brands will blend.

PCB adamant about holding Champions Trophy final in Lahore

PCB adamant about holding Champions Trophy final in Lahore

Rediff.com18 Oct 2024

The source said that the PCB is expecting to get some sort of viable answer from the BCCI officials at the upcoming meeting on the progress they have made (if any) on seeking clearance from their government to send their team to Pakistan early next year for the tournament.

To get 'authentic info': Sharad Pawar on Z+ security

To get 'authentic info': Sharad Pawar on Z+ security

Rediff.com23 Aug 2024

The Centre on Wednesday accorded Z plus -- the highest category of armed VIP security cover -- to Pawar, official sources had said.

Air Marshal Amar Preet Singh is new chief of air staff

Air Marshal Amar Preet Singh is new chief of air staff

Rediff.com21 Sep 2024

Air Marshal Amar Preet Singh has been appointed as the next Chief of the Air Staff.

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

Rediff.com19 Sep 2024

State-run Life Insurance Corporation of India (LIC) has committed Rs 600 crore for its digital transformation journey, Sunder Krishnan, chief risk officer said on Wednesday. The insurance giant is also aiming to become completely "paperless" in two years. "We have hired a large system integrator for more than Rs 400 crore, a consultant for digital transformation for Rs 100 crore, and Rs 100 crore for agency transformation.

India way behind China, need to catch up: IAF chief

India way behind China, need to catch up: IAF chief

Rediff.com4 Oct 2024

At a press conference ahead of Air Force Day on October 8, he also said that India needs to catch up with China on technology and speed in production of military equipment, holding that "we are way behind" the neighbour. Air Chief Marshal Singh, at the same time, said the Indian military is way ahead in terms of personnel including those operating various machines and platforms. "I am very confident that as far as human angle is concerned, as far as our people behind the machine are concerned, we are way ahead of them," he said.

Leclerc wins US GP; Norris's podium dream shattered

Leclerc wins US GP; Norris's podium dream shattered

Rediff.com21 Oct 2024

Charles Leclerc won the US Grand Prix in a Ferrari one-two with Carlos Sainz on Sunday as Formula One championship leader Max Verstappen dealt Lando Norris a significant setback in their title battle.

After UPI and ULI, banks to set up Unified Recovery Interface

After UPI and ULI, banks to set up Unified Recovery Interface

Rediff.com9 Sep 2024

Eying benefits from digital banking, lenders are now looking at building Unified Recovery Interface (URI) for enhancing efficiency, reducing costs, and getting good prices for properties of defaulters. This would be managed by PSB Alliance Ltd, a company set up by all public sector banks in the country. M V Rao, chairman, Indian Banks' Association (IBA), said: "Till now we had Unified Payments Interface (UPI), a product developed by National Payments Corporation Ltd (NPCI).

Realtors cheer Centre's LTCG tax decision

Realtors cheer Centre's LTCG tax decision

Rediff.com8 Aug 2024

The government's move to tweak the long-term capital gains (LTCG) tax regime proposed in the Finance Bill 2024 and re-introduce the indexation benefit is likely to boost the investments and spur housing sales in the country, industry executives believe. "By enabling taxpayers to choose the lower tax burden between the new and old schemes, the amendment is poised to drive investment and enhance sales across housing segments," said Niranjan Hiranandani, chairman of the Hiranandani Group. In Budget 2024, Union Finance Minister Nirmala Sitharaman proposed an overhaul in the capital gains tax regime, including lowering the LTCG tax to 12.5 per cent from 20 per cent.