Search results for 'back+cutting+latest'

Jio Finance likely to delay its maiden bond issue of Rs 3,000 crore

Jio Finance likely to delay its maiden bond issue of Rs 3,000 crore

Rediff.com28 Mar 2025

Jio Finance, a wholly owned subsidiary of Jio Financial Services, is likely to delay its maiden bond issue of Rs 3,000 crore, originally scheduled for this month. The decision comes amid expectations of softening yields in April because the Reserve Bank of India's (RBI's) monetary policy committee (MPC) is widely expected to cut the policy repo rate by another 25 basis points, sources said.

US Fed rate cut unlikely to impact foreign inflows into India

US Fed rate cut unlikely to impact foreign inflows into India

Rediff.com19 Sep 2024

The US Fed rate cut of 50 basis points is unlikely to have any significant impact on foreign inflows into India, Economic Affairs Secretary Ajay Seth said on Thursday. He said the US Federal Reserve has done what it assesses is good for the largest economy in the world, but the RBI will take a decision on interest rate cut keeping the Indian economy in mind. "It is a positive for the global economy, including the Indian economy. "It is a 50 basis points cut from a high level.

What's A Stealth Fighter?

What's A Stealth Fighter?

Rediff.com30 May 2025

If I were to explain stealth to a layperson, I'd ask them to think of the game chupan-chupai (hide and seek) we played as children, explains Air Commodore Nitin Sathe (retd).

Amid global layoff, Google may rejig roles in Bengaluru, Hyderabad offices

Amid global layoff, Google may rejig roles in Bengaluru, Hyderabad offices

Rediff.com28 Apr 2025

Google is likely to rejig the roles of some of the engineering talent from its Hyderabad and Bengaluru offices and move some of its employees to more revenue-generating projects instead of letting them go for now, sources told Business Standard.

50 bps cut in interest rate likely by March 2025: Axis Mutual Fund

50 bps cut in interest rate likely by March 2025: Axis Mutual Fund

Rediff.com28 Oct 2024

'Investors can consider staying invested in long duration products as there is a possibility of rate cuts in the near term.' Positive macros - lower inflation, high forex reserves and favourable demand-supply dynamics for government bonds - make a strong case for rate cuts from December, says Devang Shah, head of fixed income, Axis Mutual Fund. In an interview with Abhishek Kumar in Mumbai, Shah says this view may not hold true if commodity prices go up sharply.

Large-cap cut-off surpasses Rs 1 trillion as 11 new stocks join the list

Large-cap cut-off surpasses Rs 1 trillion as 11 new stocks join the list

Rediff.com7 Jan 2025

The 100-stock largecap basket of Mutual funds (MFs) has seen a major reshuffle in the latest semi-annual reclassification with seven midcap stocks and four new listings earning the largecap tag. According to a report from Nuvama Alternative & Quantitative Research, the midcap stocks that have been upgraded include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India, and Info Edge.

India VIX Soars: Trouble Ahead?

India VIX Soars: Trouble Ahead?

Rediff.com8 Apr 2025

The latest spike in the Vix is a sign that investors are visibly rattled by global developments and fear a further drawdown in stock prices, experts said.

Anaswara Rajan Is A Fun Penkutty

Anaswara Rajan Is A Fun Penkutty

Rediff.com17 Mar 2025

She's a gorgeous beauty who is as comfortable in grungy tees as she is with exquisite saris.

Will New MPC Members Cut Interest Rates?

Will New MPC Members Cut Interest Rates?

Rediff.com8 Oct 2024

The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.

French Open PIX: Sinner, Draper storm into 4th round

French Open PIX: Sinner, Draper storm into 4th round

Rediff.com31 May 2025

World number one Jannik Sinner delivered a flawless performance to pulverise Czech Jiri Lehecka in straight sets in little more than 90 minutes on Saturday.

Rishabh Pant - The Biggest Flop in IPL 2025?

Rishabh Pant - The Biggest Flop in IPL 2025?

Rediff.com5 May 2025

Rishabh Pant's IPL 2025 campaign hit a new low -both statistically and symbolically - on Sunday, at the HPCA Stadium in Dharamshala.

Sensex, Nifty settle in red; US tariff jitters hit sentiments

Sensex, Nifty settle in red; US tariff jitters hit sentiments

Rediff.com28 Mar 2025

From the Sensex pack, IndusInd Bank dropped over 3.50 per cent, followed by Mahindra & Mahindra which declined more than 2 per cent. HCL Tech, Maruti, Infosys, Zomato, Power Grid, Adani Ports, Tata Consultancy Services and UltraTech Cement were also among the laggards. Kotak Mahindra Bank, Hindustan Unilever, ICICI Bank, Tata Motors, Nestle and Bharti Airtel were among the gainers.

US revises India tariffs downwards, to....

US revises India tariffs downwards, to....

Rediff.com4 Apr 2025

These duties will come into force from April 9.

How China Supported Pakistan's Attacks

How China Supported Pakistan's Attacks

Rediff.com12 May 2025

China supplied more than $20 billion worth of arms to Pakistan. These include 20 J-10CE and JF-17 Block III fighter aircraft, Wing Loong drones, frigates, submarines, Hongqi HQ-9P surface-to-air missiles, 240 PL-15E air-to-air missiles, LY-80 air defence systems, ZDK early warning aircraft and other weapons.

Caste census: Has BJP turned tables on Opposition?

Caste census: Has BJP turned tables on Opposition?

Rediff.com30 Apr 2025

The BJP's surprise announcement of a caste census in the next census has sparked political debate, particularly in Bihar where the issue of backward empowerment holds significant electoral weight. The move is seen as a strategic maneuver by the ruling party to counter opposition efforts to mobilize support among disadvantaged sections of society. The decision is also viewed as a recognition of the growing influence of OBC politics in India.

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Rediff.com3 Apr 2025

ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.

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.

Who Pays Fines Imposed On IPL Captains?

Who Pays Fines Imposed On IPL Captains?

Rediff.com15 Apr 2025

The BCCI sends the offenders and their teams an invoice describing the amount to be paid at the end of the season. It is then up to the team to decide whether they pay the fine or the player who it has been applied to bears the burden.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

Banks set to make treasury gains in Q4 FY25 as bond yields soften

Banks set to make treasury gains in Q4 FY25 as bond yields soften

Rediff.com31 Mar 2025

Banks are set to make treasury gains in the fourth quarter of the current financial year (2024-25) as the yield on government bonds has softened so far this quarter, driven by strong inflows into the debt segment, market participants said. The yield on the 10-year benchmark government bond fell 8 basis points (bps) in the previous week - the steepest weekly decline in four months, since November 30, 2024 - to settle at 6.62 per cent.

RBI conducts $10 bn forex swap to inject liquidity

RBI conducts $10 bn forex swap to inject liquidity

Rediff.com1 Mar 2025

The Reserve Bank of India's (RBI's) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid persistent liquidity deficit in the banking system. This was the second swap auction by the central bank after it infused $5 billion via six month-swap on January 31.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

'What Happened With Kunal Kamra Is Not New To Maharashtra'

'What Happened With Kunal Kamra Is Not New To Maharashtra'

Rediff.com25 Mar 2025

'Twenty-five years ago, loyalists of the same (then undivided) political party stormed into my office.' 'They vandalised it, physically assaulted me, blackened my face, and forced me to apologise publicly -- by falling at the feet of an elderly woman -- for a single line of dialogue in my film.'

IPL PIX: Punjab Kings crush RCB in rain-curtailed thriller

IPL PIX: Punjab Kings crush RCB in rain-curtailed thriller

Rediff.com19 Apr 2025

IMAGES from the IPL match between Royal Challengers Bengaluru and Punjab Kings at the Chinnaswamy stadium, in Bengaluru on Friday

'No Politics When It Comes To The Country's Finances'

'No Politics When It Comes To The Country's Finances'

Rediff.com2 Apr 2025

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'

Uncertainty over US tariff measures drags markets down

Uncertainty over US tariff measures drags markets down

Rediff.com20 Feb 2025

From the Sensex pack, HDFC Bank, Maruti, Tech Mahindra, HCL Tech, ITC, ICICI Bank, Kotak Mahindra Bank and Bajaj Finance were among the biggest laggards. NTPC, Adani Ports, Mahindra & Mahindra, Tata Steel and IndusInd Bank were among the gainers.

Credit-deposit growth gap widens amid tight liquidity, shows RBI data

Credit-deposit growth gap widens amid tight liquidity, shows RBI data

Rediff.com22 Mar 2025

Banking credit in the economy grew by 11.1 per cent year-on-year (Y-o-Y) in the fortnight ended March 7, while deposits grew at 10.2 per cent during the same period, which is a gap of around 90 basis points (bps), according to the latest data from the Reserve Bank of India (RBI).

'We have no option but to strike back'

'We have no option but to strike back'

Rediff.com23 Apr 2025

'If they aim to remain aligned with the public sentiment, as any democratic government should, then they must respond. Why else would the prime minister have cut short his visit to Saudi Arabia? And why would he have instructed the home minister himself to travel to Srinagar to assess the situation firsthand? This suggests that something is indeed being planned. I am quite certain of that, although the exact form it will take remains to be seen.'

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

Rediff.com5 Feb 2025

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.

Modi-Musk Talk: Will Starlink Get Go Ahead?

Modi-Musk Talk: Will Starlink Get Go Ahead?

Rediff.com19 Apr 2025

Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

Rediff.com13 Sep 2024

The US unit of PwC will lay off about 1,800 workers, marking its first formal job cuts since 2009 as the company seeks to restructure its technology group. This comes amid a slowdown in demand for some of its advisory business, according to a Wall Street Journal report. Half of the anticipated layoffs will target offshore positions, impacting a wide range of employees from associates to managing directors.

Himanta Sarma's latest: Meghalaya varsity behind 'flood jihad'

Himanta Sarma's latest: Meghalaya varsity behind 'flood jihad'

Rediff.com9 Aug 2024

Sarma claimed the university is demolishing all the hills on its campus to construct new buildings to start a medical college and that is "one of the reasons" for waterlogging in Guwahati.

Tariff threats spook markets; Sensex tanks 1414 points

Tariff threats spook markets; Sensex tanks 1414 points

Rediff.com28 Feb 2025

Mahindra & Mahindra, Bharti Airtel, Infosys, Tata Motors, Titan, Tata Consultancy Services, Nestle and Maruti were also among the major laggards. HDFC Bank emerged as the only gainer from the pack.

What Makes Saanve Megghana Special?

What Makes Saanve Megghana Special?

Rediff.com30 Jan 2025

Saanve Megghana iscommanding the spotlight with her vibrant sense of style.

India Ramps Up Gold Reserves...

India Ramps Up Gold Reserves...

Rediff.com19 Mar 2025

The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.

Faf Or Aniket? Who Batted Better? Vote!

Faf Or Aniket? Who Batted Better? Vote!

Rediff.com31 Mar 2025

Here's a closer look at the standout performances of the DC vs SRH match.

What To Expect At Aero India 2025

What To Expect At Aero India 2025

Rediff.com7 Feb 2025

'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).

USTR Report Intensifies Trade Tensions With India

USTR Report Intensifies Trade Tensions With India

Rediff.com2 Apr 2025

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.

Reeshma Nanaiah's Sassy Boho Style

Reeshma Nanaiah's Sassy Boho Style

Rediff.com6 Jan 2025

Reeshma Nanaiah is a quintessential Kodava beauty with her deep-set almond eyes and chiselled features.

Rupee REER declines in Dec after Nov peak

Rupee REER declines in Dec after Nov peak

Rediff.com20 Jan 2025

The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed. The REER was 103.66 in January 2024. The rupee depreciated around 3 per cent against the dollar in 2024.