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US recession 'imminent', time to book profits, says BofA Securities

US recession 'imminent', time to book profits, says BofA Securities

Rediff.com17 hours ago

Boom, bust or a bit of both: as the jury bides time before ruling on the US 'recession', the economy's vital signs at a perplexing time of high-interest rates, still-punishing inflation, and surprisingly strong economic gains are a study of a growing debate over whether the world's largest economy is barrelling into a new downturn. With the US Federal Reserve's (Fed's) inflation fighters attempting the risky pursuit of 'pillow-soft landings' and its economy sending out mixed signals, if there is indeed a recession, it could spell trouble for domestic equities and corporate earnings growth.

Natural Disasters Displaced 2.5 Million Indians in 2022

Natural Disasters Displaced 2.5 Million Indians in 2022

Rediff.com4 days ago

Extreme weather events and disasters have been on the rise in the region.

Happy Birthday, NTR Jr!

Happy Birthday, NTR Jr!

Rediff.com20 May 2023

Devara will release pan India on April 5, 2024.

CAT, Through The Ages

CAT, Through The Ages

Rediff.com19 May 2023

CAT began in 1984 and after 25 years of pen and paper mode, it moved to a computer-based test in 2009.

SC raps Nagaland assembly for scrapping civic polls, says to follow law of land

SC raps Nagaland assembly for scrapping civic polls, says to follow law of land

Rediff.com18 May 2023

The apex court observed that it respects the local sentiments but asserted authorities cannot let the law of the land not prevail especially when there is nothing affecting the personal rights or personal laws.

Fast X Review: Dumb And Dumber

Fast X Review: Dumb And Dumber

Rediff.com18 May 2023

The fatal flaw of Fast X is that it's trying to be smarter than it really is and the result is a convoluted mess with nothing novel at display.

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

Rediff.com12 May 2023

With the Nifty50 just about 3 per cent away from its all-time closing high of 18,812 points, analysts at BofA Securities suggest investors book profit. Their reasons for the advice include risks like the possibility of a cut in corporate earnings growth forecasts, high valuation (one-year forward P/E of 19.5x), interest rates staying elevated for longer-than-expected and credit tightening. Going ahead, they expect the Nifty50 index to drop to 16,000 levels - down nearly 12 per cent from the current level of 18,255 points, which they believe would be a good time to buy.

SC refuses to interfere with HC order giving bail to ex-Mumbai top cop

SC refuses to interfere with HC order giving bail to ex-Mumbai top cop

Rediff.com8 May 2023

The Supreme Court on Monday refused to interfere with the Delhi high court verdict granting bail to former Mumbai Police Commissioner Sanjay Pandey in a money laundering case related to alleged illegal phone tapping and snooping of National Stock Exchange (NSE) employees.

42 MPs lose membership since 1988, 14th Lok Sabha records highest number

42 MPs lose membership since 1988, 14th Lok Sabha records highest number

Rediff.com7 May 2023

The Act deals with automatic disqualification of MPs and state legislators upon being convicted and sentenced for two years or more in a criminal case.

No handshake, Jaishankar greets Pak, China FMs with namaste

No handshake, Jaishankar greets Pak, China FMs with namaste

Rediff.com5 May 2023

Though the two-day SCO Council of Foreign Ministers' meeting began at the Taj Exotica Resort in Benaulim on Thursday evening with a reception hosted by Jaishankar, the main deliberations took place on Friday.

Jaishankar to hold talks with Chinese FM, meet with Bilawal unlikely

Jaishankar to hold talks with Chinese FM, meet with Bilawal unlikely

Rediff.com4 May 2023

External Affairs Minister S Jaishankar is set to hold separate bilateral talks with his Chinese counterpart Qin Gang and Russia's Sergey Lavrov at a beach resort in Goa on Thursday on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) amid rapidly evolving regional security situation.

Prithviraj Chavan was not up to running coalition in Maharashtra: Pawar

Prithviraj Chavan was not up to running coalition in Maharashtra: Pawar

Rediff.com3 May 2023

Nationalist Congress Party chief Sharad Pawar has credited late Congress leader Vilasrao Deshmukh with having proper understanding and maturity to lead a coalition government in Maharashtra, and said he had doubts on the capability of Prithviraj Chavan under whose leadership the Congress-NCP alliance lost power to the BJP in 2014 after ruling for 15 years.

Where Does Sachin Stand Among The Great Batters?

Where Does Sachin Stand Among The Great Batters?

Rediff.com3 May 2023

Tendulkar's sterling performances, his fascinating duels for supremacy with contemporaries -- Brian Lara, Ricky Ponting, Inzamam-ul Haq, Jacques Kallis among batsmen; Shane Warne, Muttiah Muralitharan, Wasim Akram among bowlers -- embellished modern cricket and globalised the game, asserts Ayaz Memon who has observed the cricketing colossus from the day he made his Test debut in November 1989.

Winning Ashes in England high up on Smith's bucket list

Winning Ashes in England high up on Smith's bucket list

Rediff.com3 May 2023

Smith said the IPL has helped him get used to play alongside rival international players and he is eager to play alongside Cheteshwar Pujara, who has been leading Sussex this season.

When Pakistan Was Keen On A Kashmir Solution

When Pakistan Was Keen On A Kashmir Solution

Rediff.com3 May 2023

Manmohan Singh and Musharraf felt that what they were embarking upon, if successful, could lead to a future of boundless potential for the two countries and for the relationship that was hard to foresee from the prism of the existing situation and the historical position and orthodox ideas on both sides.

Rajnath's tough message to Pak, China at SCO meet

Rajnath's tough message to Pak, China at SCO meet

Rediff.com28 Apr 2023

Except for Pakistan, the defence ministers of all other member countries attended the meeting in person. It is learnt that the Pakistani representative joined the deliberations virtually.

Is Stalin Slipping Up In A Poll Year?

Is Stalin Slipping Up In A Poll Year?

Rediff.com28 Apr 2023

ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.

Regional security, Afghanistan, terrorism key focus of SCO meet on Friday

Regional security, Afghanistan, terrorism key focus of SCO meet on Friday

Rediff.com28 Apr 2023

Russian Defence Minister Sergei Shoigu and his counterparts from Uzbekistan and Kyrgyzstan are also attending the meeting to be chaired by Rajnath Singh.

India to host key SCO conclave of defence ministers, Pak to attend virtually

India to host key SCO conclave of defence ministers, Pak to attend virtually

Rediff.com27 Apr 2023

Pakistan Defence Minister Khawaja Asif will attend the SCO defence ministers' meeting in New Delhi on Friday through virtual mode, according to an official readout.

Court can't change basic structure of law, govt tells SC in same sex marriage hearing

Court can't change basic structure of law, govt tells SC in same sex marriage hearing

Rediff.com26 Apr 2023

The court can neither rewrite nor alter provisions and the very fundamental architecture of a law as conceived at the time of its framing even by reading something into it, the Centre told the Supreme Court on Wednesday.

UK faith review warns of aggressive Khalistan extremism

UK faith review warns of aggressive Khalistan extremism

Rediff.com26 Apr 2023

In a section entitled 'Sikh Extremism' the review goes into detail of how members of the British Sikh community expressed their growing concern over a small but extremely vocal group "hijacking" the Sikh faith to push a subversive pro-Khalistan narrative.

Rajnath to hold meet with visiting Chinese counterpart

Rajnath to hold meet with visiting Chinese counterpart

Rediff.com26 Apr 2023

Defence Minister Rajnath Singh is likely to hold bilateral talks with his Chinese counterpart Li Shangfu on the sidelines of the SCO defence ministerial conclave in Delhi, people familiar with the matter said.

Officials draw parallels between Poonch ambush and 2001 police vehicle attack

Officials draw parallels between Poonch ambush and 2001 police vehicle attack

Rediff.com25 Apr 2023

The recent ambush of an Army truck in Jammu and Kashmir's Poonch bears a "striking resemblance" to a terrorist attack on a police vehicle in neighbouring Rajouri district 22 years ago, security officials have said, expressing serious concerns.

49 ODI Centuries: Record Stands Tall

49 ODI Centuries: Record Stands Tall

Rediff.com24 Apr 2023

Among his many achievements, his 49 ODI centuries stand out as a testament to his mastery of the format.

Poonch attack: Terrorists used steel bullets, decamped with soldiers' weapons

Poonch attack: Terrorists used steel bullets, decamped with soldiers' weapons

Rediff.com23 Apr 2023

They said a sniper is believed to have targeted the truck from the front before the other terrorists sprayed bullets and lobbed grenades on it.

Sachin@50: 50 Interesting Facts

Sachin@50: 50 Interesting Facts

Rediff.com21 Apr 2023

As Sachin turns 50, Rediff brings you 50 fascinating facts about the God of Cricket.

Pak minister Bilawal Bhutto to visit India on May 4

Pak minister Bilawal Bhutto to visit India on May 4

Rediff.com20 Apr 2023

It would be the highest level visit to India by any Pakistani leader in recent years and a possible opportunity to break the ice between the two nations.

90% India in 'danger zone' of heatwave impacts: Study

90% India in 'danger zone' of heatwave impacts: Study

Rediff.com20 Apr 2023

Heatwaves claimed more than 17,000 lives in 50 years in India, according to a paper authored by M Rajeevan, former secretary of Ministry of Earth Sciences, along with scientists Kamaljit Ray, S S Ray, R K Giri and A P Dimri.

'La Liga trying to damage Barcelona's reputation'

'La Liga trying to damage Barcelona's reputation'

Rediff.com17 Apr 2023

Spanish prosecutors last month filed a complaint against Barcelona over payments of 7.3 million euros ($7.95 million) from 2001 to 2018 to firms owned by Jose Maria Enriquez Negreira.

'It's time for caution, not expansion'

'It's time for caution, not expansion'

Rediff.com12 Apr 2023

'Silicon Valley people are generally used to layoffs.' 'Every person who has been in the industry for 15-20 years would have been laid off at least 3-4 times.' 'In India, we aren't used to that concept.' 'So when it came here, people were shocked.'

Can't lose democracy by allowing parties in power...: SC

Can't lose democracy by allowing parties in power...: SC

Rediff.com12 Apr 2023

The top court's remark came while setting aside an order of the Madras high court which directed the Tamil Nadu government to create the posts under the designation.

Indian American C R Rao awarded statistics 'Nobel' for work 75 years ago

Indian American C R Rao awarded statistics 'Nobel' for work 75 years ago

Rediff.com10 Apr 2023

Calyampudi Radhakrishna Rao, a prominent Indian-American mathematician and statistician, will receive the 2023 International Prize in Statistics, the equivalent to the Nobel Prize in the field, for his monumental work 75 years ago that revolutionised statistical thinking.

Pawar prefers SC panel over JPC on Adani, Cong disagrees

Pawar prefers SC panel over JPC on Adani, Cong disagrees

Rediff.com8 Apr 2023

Nationalist Congress Party president Sharad Pawar on Saturday said he is not completely opposed to a Joint Parliamentary Committee (JPC) probe into the charges against the Adani group, but a Supreme Court committee will be more useful and effective.

When A Country Erases Its Film-makers

When A Country Erases Its Film-makers

Rediff.com5 Apr 2023

'The Iranians are very resilient people. So even when they are throttled, they try their best to survive.'

Fan at Australian F1 GP left bleeding after hit by car debris

Fan at Australian F1 GP left bleeding after hit by car debris

Rediff.com3 Apr 2023

A spectator at the Formula One Australian Grand Prix suffered a cut to his arm when struck by a piece of debris from Kevin Magnussen's car.

Life Of Pi Comes Alive Again

Life Of Pi Comes Alive Again

Rediff.com31 Mar 2023

Renowned playwright Lolita Chakrabarti's stage adaptation of the story of 16-year-old Indian boy Pi (Piscine) Patel stranded in the ocean on a lifeboat with a Royal Bengal Tiger named Richard Parker opened at Broadway's Gerald Schoenfeld Theatre on March 30.

'They want to sell Osho ashram'

'They want to sell Osho ashram'

Rediff.com29 Mar 2023

'They want to wind up Osho's Pune operation, take the money and move out of India.'

3 suspected members of Sikh extremist group arrested in Philippines

3 suspected members of Sikh extremist group arrested in Philippines

Rediff.com28 Mar 2023

Three suspected members of a Sikh extremist group on Interpol's red notice watchlist were arrested during a joint operation by the Philippine government agencies this month, according to an official.

Rahul Could Become Central to Anti-BJP Politics

Rahul Could Become Central to Anti-BJP Politics

Rediff.com27 Mar 2023

Anti-Congress regional parties may have felt the possible impact of Rahul's South-North yatra, pending a second East-West padayatra, observes N Sathiya Moorthy.

Vinicius reports eight complaint over racist abuse in LaLiga

Vinicius reports eight complaint over racist abuse in LaLiga

Rediff.com23 Mar 2023

UEFA opens investigation into Barca payments to ex-refereeing official

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