Search results for 'Francis Mascarenhas'

Govt appoints three new external RBI MPC members

Govt appoints three new external RBI MPC members

Rediff.com1 Oct 2024

The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.

Ashwin destined to get his 500th in my hometown: Jadeja

Ashwin destined to get his 500th in my hometown: Jadeja

Rediff.com14 Feb 2024

A key moment that is being anticipated in this series is Ashwin touching 500 Test wickets and becoming only second Indian and ninth overall bowler to do so.

COVID-19: 'It's Not A Panic Situation'

COVID-19: 'It's Not A Panic Situation'

Rediff.com22 May 2025

'People don't need to take any added medication other than plain fever medication.'

A barren run, a rather new No. 3 slot: How Gill found answers

A barren run, a rather new No. 3 slot: How Gill found answers

Rediff.com21 Feb 2024

Shubman Gill had twin challenges to tame when he entered the Test series against England -- a barren run that gripped him for nine innings, which was made grimmer when he dropped down to bat at a rather new No. 3 slot at this level.

How the markets will fare this week

How the markets will fare this week

Rediff.com20 Oct 2024

Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.

Big Insult! BCCI snubs Kapil Dev for World Cup final

Big Insult! BCCI snubs Kapil Dev for World Cup final

Rediff.com19 Nov 2023

With India gunning for their third ICC Men's ODI World Cup, the country's first World Cup winning skipper has not been not been invited for the big game.

Gold demand in India saw 5% rise at 802.8 tonnes in 2024

Gold demand in India saw 5% rise at 802.8 tonnes in 2024

Rediff.com5 Feb 2025

Gold demand in India witnessed a 5 per cent on-year rise at 802.8 tonnes in 2024 supported by reduction in import duty, and purchases related to weddings and festivals, and going ahead consumption of the yellow metal in 2025 is likely to be between 700-800 tonnes, according to the the World Gold Council. The World Gold Council (WGC) in a report on Wednesday said gold demand in the country in 2024 stood at 802.8 tonnes, as against 761 tonnes in 2023.

Jadeja's Sword-Wielding Brilliance

Jadeja's Sword-Wielding Brilliance

Rediff.com27 Jan 2024

In an impressive display, Jadeja notched up his 20th Test fifty in 84 balls, featuring five boundaries and two sixes.

'Competition in India is Absolutely Fierce': Uber GM

'Competition in India is Absolutely Fierce': Uber GM

Rediff.com17 Jul 2025

'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'

2nd Test: Can England chase 399?

2nd Test: Can England chase 399?

Rediff.com4 Feb 2024

England lose Duckett chasing 399 against India

How Ratan Tata reacted when govt picked BMW bullet-proof cars over TaMo

How Ratan Tata reacted when govt picked BMW bullet-proof cars over TaMo

Rediff.com10 Oct 2024

On another occasion, he recalled, as part of the SPG, he was tasked with the security of the then prime minister Manmohan Singh and assigned the responsibility of escorting Tata from Taj Mansingh Hotel in New Delhi.

What Does RBI Want To Discuss With Private Banks?

What Does RBI Want To Discuss With Private Banks?

Rediff.com4 Nov 2024

Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.

Sensex ends 168 points down on late selling in index majors

Sensex ends 168 points down on late selling in index majors

Rediff.com9 Oct 2024

Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday due to late selling in index major Reliance Industries, ITC and HDFC Bank even as the RBI took the first step towards a rate cut in its monetary policy review. Erasing its early gains, the 30-share BSE Sensex fell 167.71 points or 0.21 per cent to close at 81,467.1. During the day, it surged 684.4 points or 0.83 per cent to hit an intra-day high of 82,319.21.

'India Will Come To Pakistan For Champions Trophy'

'India Will Come To Pakistan For Champions Trophy'

Rediff.com7 Oct 2024

The BCCI has not yet confirmed India's participation in the Champions Trophy, which is slated to be held in Pakistan in February-March.

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

Rediff.com11 Dec 2024

The Securities and Exchange Board of India (Sebi) on Tuesday announced that the top 500 stocks will be eligible for the same-day settlement cycle (T+0) in a phased manner. This move is seen as a fresh push to ready the market ecosystem to speed up the settlement cycle, which currently stands at T+1.

School Kids Cheer World Cup 2023

School Kids Cheer World Cup 2023

Rediff.com6 Jul 2023

Several hundred students from Mumbai schools including 20 school-cricket teams, got the opportunity to take photographs with the ICC Men's Cricket ODI World Cup Trophy at the Bombay Scottish school situated at Mahim, north central Mumbai.

ED questions Anil Ambani in fresh FEMA case

ED questions Anil Ambani in fresh FEMA case

Rediff.com3 Jul 2023

Reliance ADA Group chairman Anil Ambani on Monday appeared before the Enforcement Directorate (ED) in Mumbai and recorded his statement in connection with an investigation linked to the alleged contravention of the foreign exchange law, official sources said. Ambani, 64, deposed at the office of the federal agency in south Mumbai. Ambani's statement was recorded as part of a fresh case filed under various sections of the Foreign Exchange Management Act (FEMA), the sources said without elaborating.

How will Omicron fearful market fare?

How will Omicron fearful market fare?

Rediff.com21 Dec 2021

Whether earnings growth sustains will be crucial to determining how Indian equity markets fare in the days to come.

Sebi board okays new asset class, MF Lite rules

Sebi board okays new asset class, MF Lite rules

Rediff.com1 Oct 2024

The Securities and Exchange Board of India (Sebi) on Monday approved the introduction of a new asset class, designed to offer greater flexibility to fund managers and target investors with a higher risk appetite. The markets regulator also cleared the liberalised Mutual Funds Lite (MF Lite) framework, aimed at fund houses that solely launch passively managed schemes. In another significant move, the board reduced the timeframe for rights issues from the current 317 working days to just 23.

How South Africa raised the bar at the World Cup

How South Africa raised the bar at the World Cup

Rediff.com26 Oct 2023

South Africa's sizzling top six set the standard at World Cup

RBI turned down request to appoint ex-CBI official on board: Religare

RBI turned down request to appoint ex-CBI official on board: Religare

Rediff.com25 Oct 2024

Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.

O2C drag clogs RIL's flow

O2C drag clogs RIL's flow

Rediff.com23 Oct 2024

Reliance Industries' (RIL's) oil-to-chemicals (O2C) business is likely to remain under pressure for the remaining of the current financial year, according to analysts and company executives. "Management guides for softness for the next couple of quarters in both retail and O2C businesses," analysts at BOB Capital Markets noted in an after-results report on RIL. For the July-September quarter (Q2) of 2024-25 (FY25), RIL's O2C business reported a 5.1 per cent year-on-year increase in revenue to Rs 1.55 trillion.

We put their bowlers under pressure, it was great: Stokes

We put their bowlers under pressure, it was great: Stokes

Rediff.com5 Feb 2024

'There are times when you have scoreboard pressure and a lot of runs to chase down, and that's when our approach and how we want to go about things really comes out.'

RBI keeps repo rate unchanged at 6.5%

RBI keeps repo rate unchanged at 6.5%

Rediff.com6 Oct 2023

The Reserve Bank of India on Friday decided to keep the policy rate unchanged for fourth time in a row as it maintains a tight vigil on inflation. The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022. Announcing the bi-monthly monetary policy on Friday, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the repo rate unchanged at 6.5 per cent.

How Sebi plans to ensure greater transparency and ease of doing business

How Sebi plans to ensure greater transparency and ease of doing business

Rediff.com25 Mar 2025

Under its new chairman Tuhin Kanta Pandey, the Securities and Exchange Board of India (Sebi) has gravitated towards greater transparency and ease of doing business, setting an objective of "effective and optimum" regulation. On Monday, during its first board meeting under Pandey, the regulator has decided to constitute a high-level committee (HLC) to review conflicts of interest and unveiled initiatives to simplify regulatory processes.

Biparjoy: The Anxiety Before The Storm

Biparjoy: The Anxiety Before The Storm

Rediff.com15 Jun 2023

Scenes from Gujarat before cyclone Biparjoy makes landfall.

'Ashwin deserved much better; a fitting farewell'

'Ashwin deserved much better; a fitting farewell'

Rediff.com19 Dec 2024

India's World Cup-winning skipper Kapil Dev would like to know why Ravichandran Ashwin decided to call it a day all of a sudden.

Sebi board decides to tighten SME IPO norms and more

Sebi board decides to tighten SME IPO norms and more

Rediff.com19 Dec 2024

The Sebi board on Wednesday approved a series of measures, including stricter regulatory norms for SME IPOs, a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information (UPSI). Also, the board approved reforms to boost ease of doing business for Debenture Trustees, ESG rating providers, InvITs, REITs, and SM REITs.

Sebi bars Pacheli, 6 others in Rs 850 crore preferential allotment case

Sebi bars Pacheli, 6 others in Rs 850 crore preferential allotment case

Rediff.com17 Jan 2025

The Securities and Exchange Board of India (Sebi) on Thursday debarred Pacheli Industrial Finance and six others entities from the markets in its bid to crack down on a "pump and dump" case, substantiated by a probe into Rs 850 crore preferential allotment and examination of alerts around price movement of the firm's stock.

'Swiggy Is Now Focusing On Overall Growth'

'Swiggy Is Now Focusing On Overall Growth'

Rediff.com16 Dec 2024

'Expect our food delivery business to deliver sustainable adjusted EBITDA margins of about 5 per cent in the medium term.'

From Siachen to Andaman, Army marks Yoga Day at 100 spots

From Siachen to Andaman, Army marks Yoga Day at 100 spots

Rediff.com21 Jun 2023

Indian Army personnel on Wednesday conducted yoga sessions at more than 100 locations along the country's land and maritime borders, forming a 'Bharatmala' on the occasion of the International Day of Yoga.

How war anxiety is haunting Indian homes

How war anxiety is haunting Indian homes

Rediff.com11 May 2025

The escalating military tension between the two nations, a deluge of information, and the inability to sift through fake and real news can significantly affect the psychological well-being of individuals, said mental health experts.

Govt invites applications for RBI deputy governor's post, last date Nov 30

Govt invites applications for RBI deputy governor's post, last date Nov 30

Rediff.com5 Nov 2024

The government has invited applications for the post of deputy governor of the Reserve Bank of India (RBI) from interested candidates with at least 25 years of experience and below 60 years of age as on January 15, 2025. One of the deputy governors, Michael Patra's current term will end on 15 January. The last date of submission of applications is November 30, 2024.

My ICC award an inspiration for Afghan youth: Omarzai

My ICC award an inspiration for Afghan youth: Omarzai

Rediff.com6 Feb 2025

Afghanistan's Azmatullah Omarzai won the first-ever ICC ODI Cricketer of the Year Award for his war-torn country.

Aus Open PIX: Djokovic survives scare; Alcaraz cruises

Aus Open PIX: Djokovic survives scare; Alcaraz cruises

Rediff.com13 Jan 2025

Novak Djokovic was seriously rattled early on by inspired American teenager Nishesh Basavareddy but rallied for a 4-6, 6-3, 6-4, 6-2 victory on Monday.

Yeh Hai India: What's He Doing?

Yeh Hai India: What's He Doing?

Rediff.com4 Oct 2021

Yeh Hai India: Capturing the many moods across our land.

Mukesh Ambani gets 2nd email threat with Rs 200 cr demand

Mukesh Ambani gets 2nd email threat with Rs 200 cr demand

Rediff.com29 Oct 2023

Reliance Industries chairman Mukesh Ambani on Saturday received a threat email from an unidentified person seeking Rs 200 crore, the communication coming a day after another email threatened that he would be shot dead if he did not pay Rs 20 crore, a Mumbai police official said.

IndiGo cleared for takeoff on strong demand winds

IndiGo cleared for takeoff on strong demand winds

Rediff.com4 Feb 2025

Propelled by strong demand and lower costs, the country's largest airline, InterGlobe Aviation (IndiGo), reported solid operational performance in the 2024-25 (FY25) October-December quarter (Q3). While demand was driven by the festival season, year-end increase, and higher consumer spending, lower fuel and rental costs helped deliver a beat at the operating profit level.

Feeling bad, says Jadeja on Sarfaraz run-out

Feeling bad, says Jadeja on Sarfaraz run-out

Rediff.com15 Feb 2024

Sarfaraz Khan's stellar Test debut came to a crashing halt as a mix-up in the middle cost him his wicket.