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Deloitte pegs India's FY25 GDP growth at 6.6%

Deloitte pegs India's FY25 GDP growth at 6.6%

Rediff.com1 days ago

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.

BJP Sankalp Patra: Enough powder to ignite stocks, if investors are patient

BJP Sankalp Patra: Enough powder to ignite stocks, if investors are patient

Rediff.com4 days ago

Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.

Key provisions of CAA may violate Indian Constitution: US report

Key provisions of CAA may violate Indian Constitution: US report

Rediff.com5 days ago

Key provisions of the Citizenship Amendment Act (CAA) which came into law this year may violate certain provisions of India's Constitution, a report issued by an independent research wing of the United States Congress has claimed.

What if Tehran blocks Strait of Hormuz...

What if Tehran blocks Strait of Hormuz...

Rediff.com6 days ago

Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.

14 killed in Israeli raid on West Bank refugee camp: Palestine

14 killed in Israeli raid on West Bank refugee camp: Palestine

Rediff.com7 days ago

The Palestinian ministry of health said that they have found a number of bodies and injured people from the camp, as the IDF has partially withdrawn from the area.

Cong under fire as K'taka leader alleges 'love jihad' after daughter's murder

Cong under fire as K'taka leader alleges 'love jihad' after daughter's murder

Rediff.com7 days ago

BJP general secretary Vinod Tawde sought to draw a parallel between Karnataka's handling of Neha Hiremath's killing to the way West Bengal Chief Minister Mamata Banerjee allegedly shielded the Sandeshkhali case accused Shajahan Sheikh.

Shooters surveyed Salman's Panvel farmhouse before Bandra house attack

Shooters surveyed Salman's Panvel farmhouse before Bandra house attack

Rediff.com19 Apr 2024

Two men arrested for firing outside Bollywood superstar Salman Khan's residence in Mumbai had conducted a survey of his farm house at Panvel in adjoining Raigad district four days before the shooting incident, police said on Thursday.

Some states saw higher inflation than national average, shows data

Some states saw higher inflation than national average, shows data

Rediff.com17 Apr 2024

Many individual states experienced higher inflation than the all-India figures during the financial year 2023-24 (FY24). Retail inflation figures in Telangana, Haryana, Rajasthan and Dadra and Nagar Haveli have been higher than national numbers every month of this financial year, shows a Business Standard analysis of state-wise figures, after the March inflation data was released on Friday. Experts noted that persistent high food inflation along with differences in the weights of rural and urban indices plays into the regional variation in inflation rates.

Sensex, Nifty tank over 1% on concerns over Middle East conflict

Sensex, Nifty tank over 1% on concerns over Middle East conflict

Rediff.com15 Apr 2024

From the Sensex basket, Tata Motors, State Bank of India, Tata Steel, Power Grid, NTPC, Bajaj Finserv, Bajaj Finance and Asian Paints were the major laggards.

Invites show the world is sure of Modi's victory: Rajnath

Invites show the world is sure of Modi's victory: Rajnath

Rediff.com14 Apr 2024

Defence Minister Rajnath Singh on Sunday claimed that Prime Minister Narendra Modi has been receiving invitations for functions scheduled much after the Lok Sabha polls, which showed the 'entire world believes his return to power is inevitable'.

Battle Royale in Thiruvananthapuram

Battle Royale in Thiruvananthapuram

Rediff.com12 Apr 2024

The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.

Won't allow CAA, NRC, Uniform Civil Code: Mamata at Eid-ul-Fitr event

Won't allow CAA, NRC, Uniform Civil Code: Mamata at Eid-ul-Fitr event

Rediff.com12 Apr 2024

Banerjee claimed that some people will try to "engineer riots" during elections and urged everyone "not to fall prey to the plot".

Mamata misleading people on CAA: Shah

Mamata misleading people on CAA: Shah

Rediff.com10 Apr 2024

'Why is she against refugees obtaining citizenship? I request refugees not to be afraid, please apply for citizenship'

'Congress Won't Ever Come To Power'

'Congress Won't Ever Come To Power'

Rediff.com10 Apr 2024

'For the last two elections, the Congress manifesto has been thrown into the dustbin.' 'This manifesto will also be thrown into the dustbin.'

'Stink of RSS': Cong moves EC against Modi's attack on manifesto

'Stink of RSS': Cong moves EC against Modi's attack on manifesto

Rediff.com8 Apr 2024

A delegation of Congress leaders met EC officials and raised several issues, including the use of pictures and large cut-outs of the prime minister in government buildings and colleges and demanded that those be removed to maintain a level-playing field in the upcoming parliamentary election.

India's Kachchatheevu claim has no ground: Lanka minister

India's Kachchatheevu claim has no ground: Lanka minister

Rediff.com5 Apr 2024

The statements coming out of India on 'reclaiming' Kachchatheevu island from Sri Lanka have 'no ground', the Sri Lankan Minister of Fisheries Douglas Devananda has said.

Electoral Bonds: The Quid Pro Quo Factor

Electoral Bonds: The Quid Pro Quo Factor

Rediff.com3 Apr 2024

Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu.

Election 2024: The Big Fights In Kerala

Election 2024: The Big Fights In Kerala

Rediff.com1 Apr 2024

Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.

'Electoral Bonds Not To Affect Lok Sabha Polls'

'Electoral Bonds Not To Affect Lok Sabha Polls'

Rediff.com26 Mar 2024

'Election funding needs a little more transparency.'

Kejriwal's arrest: INDIA plans mega rally on March 31

Kejriwal's arrest: INDIA plans mega rally on March 31

Rediff.com24 Mar 2024

The opposition's Indian National Developmental Inclusive Alliance (INDIA) will hold a 'maha rally' at Delhi's Ramlila Maidan on March 31 to safeguard the country's interests and democracy, Aam Aadmi Party leader Gopal Rai said on Sunday.

'BJP will have to pay the price for misuse of power'

'BJP will have to pay the price for misuse of power'

Rediff.com22 Mar 2024

Various constituents of the INDIA bloc condemned Kejriwal's arrest and claimed that the BJP is scared of the outcome of the upcoming Lok Sabha polls and acting out of panic to create problems for the opposition.

Restoring India's Botanic Heritage

Restoring India's Botanic Heritage

Rediff.com21 Mar 2024

With over 3,000 species of plants, 26 interconnected lakes and the 250-year-old Great Banyan Tree -- the largest in the world -- the Indian Botanic Garden is a veritable treasure, discovers Payal Singh Mohanka.

In absence of black swans, markets may rise further

In absence of black swans, markets may rise further

Rediff.com18 Mar 2024

Since March 2020, when the Nifty50 plummeted to 7,511 following the announcement of a nationwide lockdown, the stock market has been on an upward trajectory. Over the next four years, the major market index has delivered a remarkable compounded annual growth rate (CAGR) of over 31.5 per cent. In the past year alone, the Nifty50 has gained by 27 per cent, hitting a succession of record highs.

Electoral bonds: TMC 2nd largest beneficiary; Future Gaming DMK's top donor

Electoral bonds: TMC 2nd largest beneficiary; Future Gaming DMK's top donor

Rediff.com17 Mar 2024

Future Gaming of lottery king Santiago Martin was the biggest purchaser of electoral bonds at Rs 1,368 crore, of which nearly 37 percent went to the DMK.

Electoral bonds: Cong says firms donating to BJP got big projects

Electoral bonds: Cong says firms donating to BJP got big projects

Rediff.com15 Mar 2024

The Congress on Friday alleged that the electoral bonds data has exposed 'corrupt tactics' of the Bharatiya Janata Party such as quid pro quo, seeking donations for the company's protection, kickbacks and money laundering through shell companies.

View Consumption Survey Numbers With Caution

View Consumption Survey Numbers With Caution

Rediff.com15 Mar 2024

Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis.

'Corporate electoral bond donors' names shouldn't be disclosed'

'Corporate electoral bond donors' names shouldn't be disclosed'

Rediff.com14 Mar 2024

'Corporates who donated to political parties were guaranteed by the electoral bond scheme that their names and to who they were donating funds will be not disclosed.'

Why K V Kamath calls Indian banking system the best in 50 years

Why K V Kamath calls Indian banking system the best in 50 years

Rediff.com14 Mar 2024

'I don't think we have ever seen such alignment of everything that we need in the banking sector.'

No Indian loses citizenship due to CAA: Amit Shah

No Indian loses citizenship due to CAA: Amit Shah

Rediff.com13 Mar 2024

Prime Minister Narendra Modi has honoured Hindu, Buddhist, Sikh and Jain refugees by giving them citizenship through Citizenship (Amendment) Act (CAA), Union home minister Amit Shah said on Tuesday and maintained there is no provision of stripping of anyone's citizenship in the new law.

TMC 'looted' central funds through 'fake job cards': Modi

TMC 'looted' central funds through 'fake job cards': Modi

Rediff.com9 Mar 2024

Giving a clarion call to defeat the Mamata Banerjee-led party in West Bengal, the prime minister while addressing a mega rally in Siliguri said, "The road to oust the corrupt TMC government from West Bengal will open from the Lok Sabha polls."

'Market has factored in BJP's victory'

'Market has factored in BJP's victory'

Rediff.com7 Mar 2024

'The trajectory of headline indices will be determined by the number of seats the BJP would win.'

ED attaches Shajahan Sheikh's assets worth Rs 12 cr

ED attaches Shajahan Sheikh's assets worth Rs 12 cr

Rediff.com6 Mar 2024

The Enforcement Directorate on Tuesday said it has attached over a dozen properties worth Rs 12.78 crore of suspended Trinamool Congress leader Shajahan Sheikh including bank deposits, an apartment, and agricultural and fishery land in Sandeshkhali and Kolkata in West Bengal.

'Rahul seems like an angry young man'

'Rahul seems like an angry young man'

Rediff.com4 Mar 2024

'His way of communication is different than the first yatra.' 'Maybe his anger and frustration stems from the fact that no one is asking hard questions to the government and he is trying to do that.'

Modi among first 195 BJP Lok Sabha candidates; See full list

Modi among first 195 BJP Lok Sabha candidates; See full list

Rediff.com2 Mar 2024

The ruling Bharatiya Janata Party on Saturday announced Prime Minister Narendra Modi will fight again from Varanasi in the upcoming Lok Sabha elections as it named 34 Union ministers in the first list of 195 candidates.

How Shajahan Sheikh became 'tiger' of Sandeshkhali

How Shajahan Sheikh became 'tiger' of Sandeshkhali

Rediff.com1 Mar 2024

The meteoric rise of Shajahan Sheikh from a modest background of a helper in a local transport company to becoming the so-called 'tiger' of Sandeshkhali is what Bollywood film scripts are made of. And so does his fall.

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Rediff.com1 Mar 2024

It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.

New Israeli settlements in West Bank illegal: Blinken

New Israeli settlements in West Bank illegal: Blinken

Rediff.com24 Feb 2024

The new Israeli settlements in the West Bank are illegal and inconsistent with international law, United States Secretary of State Antony Blinken has said, reversing a Trump-era policy.

NHRC team visits Sandeshkhali amid fresh protests

NHRC team visits Sandeshkhali amid fresh protests

Rediff.com23 Feb 2024

A team of National Human Rights Commission (NHRC) on Friday held on-spot inquiries in Sandeshkhali to ascertain facts about alleged sexual abuse by some Trinamool Congress leaders even as fresh agitation rocked the trouble-torn village, where locals torched the property of accused Trinamool leaders and held demonstrations against the delay in arresting the main accused, Shahjahan Sheikh.

'Why can't the Modi government answer questions?'

'Why can't the Modi government answer questions?'

Rediff.com23 Feb 2024

'Till today, we don't know how many people died of Covid in India.' 'How many migrated from cities to villages during the Covid pandemic?' 'How many corporates contributed to PM Cares?'

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

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