Search results for 'Financial Highlights'

Despite 6.6% growth, auto dealers have mixed expectations

Despite 6.6% growth, auto dealers have mixed expectations

Rediff.com6 Feb 2025

The Indian automobile retail sector saw a strong start to 2025, with overall sales increasing by 6.6 per cent year-on-year (YoY) in January, according to the latest report by the Federation of Automobile Dealers Associations (FADA). Despite the positive numbers, the association noted that auto dealers have mixed expectations for the coming months. Nearly half (46 per cent) anticipate further growth in sales, while 43 per cent believe sales will remain steady.

Brokerages split after JSW Steel Q3 results miss estimates

Brokerages split after JSW Steel Q3 results miss estimates

Rediff.com28 Jan 2025

Steel maker JSW Steel's Q3 results, announced on January 24, 2025, after market hours, failed to meet Street expectations. The company reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24.

Tech disrupting traditional industries, warn biz leaders

Tech disrupting traditional industries, warn biz leaders

Rediff.com13 Feb 2025

Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.

'Help! I'm Stuck In Rs 15 Lakh Debt'

'Help! I'm Stuck In Rs 15 Lakh Debt'

Rediff.com12 Mar 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Elon Musk freaks out over Trump's deal with OpenAI

Elon Musk freaks out over Trump's deal with OpenAI

Rediff.com23 Jan 2025

The rivalry between Tesla CEO Elon Musk and OpenAI CEO Sam Altman has intensified, centering on a groundbreaking artificial intelligence project known as Stargate, reported The Associated Press.

Analysts eye 34% upside in RIL post Q3; Jefferies, Citi, CLSA, MS upbeat

Analysts eye 34% upside in RIL post Q3; Jefferies, Citi, CLSA, MS upbeat

Rediff.com18 Jan 2025

India's most valued company, Reliance Industries Ltd (RIL), reported a robust performance in the third quarter of the current financial year (Q3FY25), surpassing analyst expectations. This coupled with positive commentary by brokerages led to the stock of the oil-to-telecom conglomerate surging as much as 4.44 per cent to hit an intraday high of Rs 1,325.1. It settled at Rs 1,301.3 apiece, up 2.57 per cent.

He Said It, He Did It: Reddy's Family Weeps with Joy

He Said It, He Did It: Reddy's Family Weeps with Joy

Rediff.com28 Dec 2024

Tears of joy flowed freely as Nitish Kumar Reddy reunited with his family after his maiden Test century.

Ghost Jobs Are Worse Than No Jobs!

Ghost Jobs Are Worse Than No Jobs!

Rediff.com20 Feb 2025

By staying informed and focusing on legitimate job openings, candidates can navigate the job market more effectively and safeguard their career aspirations.

500 Years For You To Match CEO's Pay!

500 Years For You To Match CEO's Pay!

Rediff.com28 Jan 2025

The share of companies where it would take over 100 years for a median employee to earn the equivalent of their top executive's annual salary rose to 65 per cent in FY24 from 61 per cent in FY19.

'Capital is flowing back to the US'

'Capital is flowing back to the US'

Rediff.com27 Feb 2025

'Even if India is attractive, FPIs currently lack the funds to invest, as money is being redirected to the US.'

How to get more bang for the buck out of field agents

How to get more bang for the buck out of field agents

Rediff.com23 Jan 2025

Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?

Highlights of Budget 2023-24

Highlights of Budget 2023-24

Rediff.com1 Feb 2023

Per capita income has more than doubled to Rs 1.97 lakh in around nine years. Indian economy has increased in size from being 10th to 5th largest in the world in the past nine years. Seven priorities of the Budget, 'Saptarishi', are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector.

EPFO net members addition grows to 16.05 lakh in Dec

EPFO net members addition grows to 16.05 lakh in Dec

Rediff.com25 Feb 2025

Retirement fund body EPFO added 16.05 lakh net new members in December, which is 9.69 per cent higher compared to November 2024, as per the payroll data released on Tuesday. Further, a labour ministry statement said there was a growth of 2.74 per cent in net payroll additions compared to December 2023.

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

Rediff.com22 Feb 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Rediff.com25 Feb 2025

The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.

RBI Warns Use Of CBDC As Crisis Safe Haven

RBI Warns Use Of CBDC As Crisis Safe Haven

Rediff.com14 Aug 2024

'The impact of CBDC on deposits and deposit insurance is largely unknown.'

FIITJEE founder among 12 booked after parents' complaints over shut down

FIITJEE founder among 12 booked after parents' complaints over shut down

Rediff.com25 Jan 2025

The founder of FIITJEE and 11 others have been booked after several of the coaching institute's centres in Delhi-NCR abruptly shut down, leaving students and parents in the lurch. FIITJEE has blamed the closures on "mismanagement and desertion" by managing partners, while students and parents allege non-payment of salaries and fraudulent practices. The institute claims it is pursuing legal action against competitors for alleged poaching of its faculty.

HAL Addresses IAF Chief's Concerns

HAL Addresses IAF Chief's Concerns

Rediff.com12 Feb 2025

'Our production capacity ramp-up initiatives are expected to meet the critical requirements of our armed forces.'

RBI lens on 8 fintech companies in P2P lending space

RBI lens on 8 fintech companies in P2P lending space

Rediff.com28 Jan 2025

Currently there are 26 licensed players in the P2P lending sector but only 10-11 are actively operating.

Delhi polls: Cong lures voters with Rs 25 lakh free health cover

Delhi polls: Cong lures voters with Rs 25 lakh free health cover

Rediff.com8 Jan 2025

Senior Congress leader and former Rajasthan chief minister Ashok Gehlot said the proposed scheme would be a game-changer as it will provide comprehensive health coverage to families, covering medical expenses for critical illnesses, hospitalisations, and treatments.

Cyberfraud Thrives On Fear!

Cyberfraud Thrives On Fear!

Rediff.com29 Jan 2025

The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.

Why Fadnavis Ordered An Inquiry Into Shinde Decision

Why Fadnavis Ordered An Inquiry Into Shinde Decision

Rediff.com22 Feb 2025

'I am simply highlighting a wrongdoing. This is why my complaint has merit, and the chief minister has ordered an inquiry.'

20 Things To Do After IIT-JEE Main 2025

20 Things To Do After IIT-JEE Main 2025

Rediff.com4 Feb 2025

Career counsellor Nayagam PP suggests 20 powerful steps you can take while balancing your board exams and other engineering entrance tests.

Draft sports bill could pose problems for IOA

Draft sports bill could pose problems for IOA

Rediff.com21 Jan 2025

Ministry mulls graded funding for sports federations

What Tech Risks Will the World Face in 2025?

What Tech Risks Will the World Face in 2025?

Rediff.com12 Feb 2025

While advancements in biotechnology hold immense promise for health and innovation, they also come with significant risks if misused.

Domestic airlines' fleet to touch 1,400 planes in 5 years

Domestic airlines' fleet to touch 1,400 planes in 5 years

Rediff.com21 Nov 2024

Civil Aviation Secretary Vumlunmang Vualnam on Thursday said the number of planes with domestic airlines will increase to 1,400 in the next five years as he highlighted the growth potential of the country's aviation space. Currently, the fleet is around 800 aircraft and leading carriers IndiGo and Air India have placed significant plane orders.

Some people trying to disturb peace by spreading venom of caste politics: Modi

Some people trying to disturb peace by spreading venom of caste politics: Modi

Rediff.com4 Jan 2025

Inaugurating the Grameen Bharat Mahotsav, the Prime Minister exuded confidence that villages will play a key role in pushing forward the dream of Viksit Bharat by 2047.

How S Africa can become Champions Trophy favourites?

How S Africa can become Champions Trophy favourites?

Rediff.com11 Feb 2025

Former South African captain Graeme Smith is confident that his country will end its long wait for an ICC trophy in 2023, with the Champions Trophy and World Test Championship final on the horizon. He believes the team is in a strong position to break their drought and is focused on developing the nation's cricket ecosystem ahead of the 2027 World Cup.

In Kuwait, Modi meets Mahabharata, Ramayana's Arabic translator

In Kuwait, Modi meets Mahabharata, Ramayana's Arabic translator

Rediff.com21 Dec 2024

Prime Minister Narendra Modi met two Kuwaiti nationals who translated and published India's two iconic epics, Mahabharata and Ramayana in Arabic during his two-day visit to Kuwait. Modi, who praised their work, said it highlights the popularity of Indian culture globally. His visit to Kuwait is the first by an Indian prime minister in 43 years.

Big relief in TDS deduction on rent from Rs 20K to Rs 50K per month

Big relief in TDS deduction on rent from Rs 20K to Rs 50K per month

Rediff.com1 Feb 2025

In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 lakh per annum while presenting the Union Budget 2025-26. Presenting the budget in Lok Sabha, the Finance Minister said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh.

Can Student Suicides Be Prevented?

Can Student Suicides Be Prevented?

Rediff.com26 Mar 2025

Mental health experts and counsellors highlight how to identify early signs of distress in children and what parents and peers can do to prevent someone from taking their life.

Capex slows in FY25 but key infrastructure, power players set to benefit

Capex slows in FY25 but key infrastructure, power players set to benefit

Rediff.com5 Mar 2025

Post-election capital expenditure (capex) has been weak at 2 per cent year-on-year (Y-o-Y) in M9FY25. The FY25 revised estimates (RE) indicate 7 per cent growth in FY25 against FY24, implying 21 per cent Y-o-Y growth in Q4FY25 government capex.

Bengaluru leads as top job hub with 9.3% salary growth: Report

Bengaluru leads as top job hub with 9.3% salary growth: Report

Rediff.com24 Oct 2024

Bengaluru dominated as the country's top city for job opportunities and salary growth as it has registered a 9.3 per cent year-on-year increase, closely followed by Chennai and Delhi, a report said on Thursday. This growth underlines Bengaluru's reputation as a technology and business hub as the average monthly unified salary in the city stood at Rs 29,500, making it the highest-paying city in the country, according to TeamLease Services Jobs and Salaries Primer report for FY24. The report is based on an analysis of unified salaries across temporary and permanent hiring markets.

Indians Work More Than Chinese!

Indians Work More Than Chinese!

Rediff.com14 Feb 2025

The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.

Budget 2025: Grassroot Level Implementation Is Necessary

Budget 2025: Grassroot Level Implementation Is Necessary

Rediff.com5 Feb 2025

Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.

Steady heartbeat of growth in diagnostics stock keeps sector pulsing

Steady heartbeat of growth in diagnostics stock keeps sector pulsing

Rediff.com20 Jan 2025

The stocks of diagnostic service providers have been standout performers within the healthcare sector over the past year, posting returns between 16 and 80 per cent. In comparison, the Nifty 50 saw returns of 8 per cent. Stable pricing, expectations of gradual volume growth, and market share expansion for the larger players have stoked increased optimism for listed companies.

Sebi's 2024 review: Push for reforms continued despite controversies

Sebi's 2024 review: Push for reforms continued despite controversies

Rediff.com31 Dec 2024

In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.

Coming Soon! New Internship Scheme

Coming Soon! New Internship Scheme

Rediff.com12 Feb 2025

'We are getting to understand the mind of this generation.' 'Minor tweaks are being made to ease the process as we go along.'

Two reasons why rural FMCG basket is expanding

Two reasons why rural FMCG basket is expanding

Rediff.com16 Nov 2024

A growing preference for convenience products and hybrid media consumption, and a surge in digital engagement have led to a rise in the average basket size for fast-moving consumer goods (FMCG) among rural consumers. The average of the rural FMCG basket saw a 60 per cent rise from 5.8 in 2022 to 9.3 in 2024 as it expanded to include convenience products like ready-to-eat packages and beverages, stated the fifth edition of the Rural Barometer Report, brought out jointly by GroupM and Kantar, which surveyed 4,376 rural adults across 20 states.

Sitharaman meets IMF chief in Washington, highlights growth measures

Sitharaman meets IMF chief in Washington, highlights growth measures

Rediff.com19 Apr 2022

Finance Minister Nirmala Sitharaman on Tuesday met IMF managing director Kristalina Georgieva and discussed a range of issues, including impact of geopolitical situation on global growth.