Search results for 'per cent of India'

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Rediff.com6 Aug 2026

Milky Mist Dairy Food Ltd has set the price band for its Rs 1,553 crore Initial Public Offering (IPO) at Rs 133-140 per share, with subscriptions opening on August 11 and closing on August 13.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

Gulf Crisis: How India Avoided Economic Turmoil

Gulf Crisis: How India Avoided Economic Turmoil

Rediff.com7 Jul 2026

Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

Rediff.com30 Jul 2026

The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.

'If Rohit, Kohli score runs why should we look at their age?': Harbhajan

'If Rohit, Kohli score runs why should we look at their age?': Harbhajan

Rediff.com2 days ago

Former India spinner Harbhajan Singh has voiced strong support for Virat Kohli and Rohit Sharma to feature in the 2027 ODI World Cup, emphasising that performance, not age, should be the primary criterion for selection.

CJP to launch nationwide 'Kya bolti public' campaign to map citizens' issues

CJP to launch nationwide 'Kya bolti public' campaign to map citizens' issues

Rediff.com6 Aug 2026

The Cockroach Janta Party (CJP) announced a 'kya bolti public' campaign to connect with citizens across India, understand their issues, and gather public opinion on the country's current situation. CJP founder Abhijeet Dipke highlighted unemployment, education reforms, and media credibility as key focus areas, also claiming credit for Union minister Dharmendra Pradhan's resignation following protests.

Nifty Recovery Faces 200-DMA Hurdle

Nifty Recovery Faces 200-DMA Hurdle

Rediff.com29 Jul 2026

Nearly 50 per cent of the stocks that comprise the Nifty 50 are trading below their respective 200-DMAs.

India banks on boxing, weightlifting, athletics for top-five finish at 2026 Commonwealth Games

India banks on boxing, weightlifting, athletics for top-five finish at 2026 Commonwealth Games

Rediff.com22 Jul 2026

India is relying heavily on its boxing, weightlifting, and athletics contingents to maintain its two-decade streak of top-five finishes at the Commonwealth Games, which opens in Glasgow.

70% children in India missed school due to extreme heat during May-June: Report

70% children in India missed school due to extreme heat during May-June: Report

Rediff.com8 Jul 2026

A new report by child rights NGO CRY reveals that nearly seven in every 10 school-going children across India missed school or routine activities from May to June this year due to extreme heat, with 76 per cent reporting negative impacts on their ability to focus on studies.

Fitch projects 9% revenue growth for Indian corporates in FY27, maintaining stable credit metrics

Fitch projects 9% revenue growth for Indian corporates in FY27, maintaining stable credit metrics

Rediff.com29 Jul 2026

Fitch Ratings forecasts a 9 per cent aggregate revenue increase for rated Indian corporates in the current fiscal year (FY27), a stronger outlook compared to the 5 per cent estimated for FY26, which is expected to keep credit metrics stable despite potential global and domestic challenges.

AITA Implements Age Cap For Executive Committee Members

AITA Implements Age Cap For Executive Committee Members

Rediff.com7 days ago

The All India Tennis Association (AITA) has voted to cap the age for eligibility to its Executive Committee at 70 years, aligning its constitution with the National Sports Governance Act. This decision, approved by a narrow margin, allows elected members to complete their full four-year term even if they cross 70 during their tenure. The move is part of a broader constitutional overhaul overseen by the Delhi High Court, which also includes new tenure provisions and the election of Sportspersons of Outstanding Merit.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Rediff.com5 days ago

Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.

India Secures Fertiliser Supply as 15 Vessels Cross Strait of Hormuz

India Secures Fertiliser Supply as 15 Vessels Cross Strait of Hormuz

Rediff.com6 Jul 2026

15 ships carrying essential raw materials successfully navigated the Strait of Hormuz, easing concerns over agricultural input availability.

'We Are Seeing A Lot More Male Fertility Cases'

'We Are Seeing A Lot More Male Fertility Cases'

Rediff.com1 Aug 2026

Doctors attribute the rise in male infertility to obesity, diabetes, smoking, chronic stress, inadequate sleep and sedentary lifestyles.

Bharti Airtel Becomes India's Biggest Wealth Creator, IT Giants Lose 8.5 Trillion

Bharti Airtel Becomes India's Biggest Wealth Creator, IT Giants Lose 8.5 Trillion

Rediff.com3 Jul 2026

Bharti Airtel added 7.64 trillion in value over the past five years, making it the biggest wealth creator in India's private sector, while the IT sector, including TCS, Infosys, and Wipro, collectively lost 8.5 trillion in value, according to the latest Burgundy Private Hurun India 500 report.

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

Rediff.com7 Jul 2026

India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

Rediff.com30 Jul 2026

Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.

Tata Chemicals Q1 Profit Dips 81% to Rs 60 Crore Due to Increased Expenses

Tata Chemicals Q1 Profit Dips 81% to Rs 60 Crore Due to Increased Expenses

Rediff.com27 Jul 2026

Tata Chemicals reported an 81 per cent decline in consolidated net profit to Rs 60 crore for the quarter ended June, primarily attributed to higher expenses, despite an increase in total income.

15 dead as rains pound Kerala, 7 missing

15 dead as rains pound Kerala, 7 missing

Rediff.com3 Aug 2026

Kerala Chief Minister V D Satheesan announced that the death toll from rain-related incidents has reached 15, with seven people still missing. He confirmed that the overall situation is under control, except for a few areas in Pathanamthitta, as the state intensifies rescue and relief operations. The CM detailed the deployment of rescue teams, functioning relief camps, and immediate compensation measures for victims and affected families, while also cautioning against rumours regarding dam water release.

Strong H1 Numbers May Propel Passenger Vehicles to Record 2026 Sales

Strong H1 Numbers May Propel Passenger Vehicles to Record 2026 Sales

Rediff.com27 Jul 2026

India's passenger vehicle industry is poised for a record-breaking year in 2026, propelled by robust dispatches in the first half of the calendar year and strong demand for utility vehicles, despite facing several economic challenges.

Domestic Air Traffic Sees 12% Monthly Drop in June

Domestic Air Traffic Sees 12% Monthly Drop in June

Rediff.com21 Jul 2026

Domestic air traffic in India experienced a nearly 12 per cent decline in June, falling to 1.35 crore passengers from 1.53 crore in May, with IndiGo increasing its market share to 66.3 per cent.

Parliamentary panel recommends sending envoys to North, South Poles

Parliamentary panel recommends sending envoys to North, South Poles

Rediff.com31 Jul 2026

A parliamentary panel has strongly recommended that the Indian government appoint a dedicated 'polar ambassador' to enhance its strategic engagement and diplomatic influence in the critical Arctic and Antarctic regions, aligning with global trends and India's growing focus on polar affairs.

Investment, Consumption Drive India's FY26 GDP Growth

Investment, Consumption Drive India's FY26 GDP Growth

Rediff.com13 Jun 2026

India's economy in FY26 saw significant momentum from investment demand, with gross fixed capital formation (GFCF) accelerating to 8.2 per cent, while private final consumption expenditure (PFCE) also grew steadily, according to provisional estimates.

From Maoist Camps To The Fashion Ramp

From Maoist Camps To The Fashion Ramp

Rediff.com2 days ago

From guns to handlooms. From forest trails to a public runway. Women who had once been associated with that conflict walked into the spotlight wearing Bastar's traditional textiles.

Stock Markets Today: Sensex, Nifty Gain on IT Rally, FII Inflows

Stock Markets Today: Sensex, Nifty Gain on IT Rally, FII Inflows

Rediff.com30 Jul 2026

Indian benchmark indices, Sensex and Nifty, opened in positive territory, primarily driven by a strong performance in IT stocks, sustained foreign fund inflows, and a dip in global crude oil prices, despite a hawkish stance from the US Federal Reserve. Track Sensex, Nifty on July 30.

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Rediff.com7 Aug 2026

Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.

Karnataka announces India's first govt-driven AI university

Karnataka announces India's first govt-driven AI university

Rediff.com14 Jul 2026

Karnataka Chief Minister D K Shivakumar announced the establishment of India's first government-driven Artificial Intelligence University and an AI Hub in Bengaluru. This initiative aims to position Karnataka as a global leader in responsible AI innovation, fostering talent, research, and collaboration. The state seeks to become an AI-native state, leveraging AI to improve governance and daily life across various sectors.

India-EU FTA Legal Scrub to Conclude Soon, Pact Expected by December 31

India-EU FTA Legal Scrub to Conclude Soon, Pact Expected by December 31

Rediff.com3 Jul 2026

Commerce Minister Piyush Goyal announced that the legal scrubbing of the India-EU Free Trade Agreement (FTA) text is expected to be completed within 10-12 days, with the final deal anticipated to be signed by December 31.

Maruti Brezza Targets First-Time SUV Buyers

Maruti Brezza Targets First-Time SUV Buyers

Rediff.com24 Jul 2026

The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.

Uncertainty looms over key bills as monsoon session heads for washout

Uncertainty looms over key bills as monsoon session heads for washout

Rediff.com5 days ago

Major bills, including those on women's reservation, delimitation, and the Foreign Contribution (Regulation) Act (FCRA), face an uncertain future in the ongoing Monsoon session of Parliament due to persistent opposition protests and a lack of consensus.

Why RBI Asked EPFO To Upgrade Its Investment System

Why RBI Asked EPFO To Upgrade Its Investment System

Rediff.com30 Jul 2026

India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.

Manolo Marquez: World Cup expansion dilutes quality, India needs grassroots focus

Manolo Marquez: World Cup expansion dilutes quality, India needs grassroots focus

Rediff.com17 Jul 2026

Spanish football coach Manolo Marquez has criticised the expansion of the FIFA World Cup, arguing it compromises quality and that countries like India should prioritise grassroots development over relying on increased qualification slots. He also highlighted the impact of naturalised players on international competition, citing his experience with the Indian team.

Why Start-up Employees May Retire Poor

Why Start-up Employees May Retire Poor

Rediff.com4 Aug 2026

An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.

ICICI Bank raises $1 bn in largest dollar issue this year, signalling strong investor confidence

ICICI Bank raises $1 bn in largest dollar issue this year, signalling strong investor confidence

Rediff.com25 Jul 2026

ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.

One Hospitalisation Can Ruin Your Retirement Goals

One Hospitalisation Can Ruin Your Retirement Goals

Rediff.com1 days ago

If you do not insulate your retirement corpus from the true cost of modern critical care, you don't have a retirement plan -- you have a fragile strategy waiting for an expensive medical emergency to break it

'Protest a way of building consensus in a democracy': Bhagwat at Gen Z meet

'Protest a way of building consensus in a democracy': Bhagwat at Gen Z meet

Rediff.com6 Aug 2026

Rashtriya Swayamsevak Sangh chief Mohan Bhagwat on Thursday said protest is a legitimate form of dialogue in a democracy and should be aimed at building consensus rather than creating divisions.

Jio Platforms' IPO key driver for RIL stock

Jio Platforms' IPO key driver for RIL stock

Rediff.com27 Jul 2026

Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.

BWF World Championships: Satwik-Chirag can beat anyone, but ...

BWF World Championships: Satwik-Chirag can beat anyone, but ...

Rediff.com5 Aug 2026

India's men's doubles coach Tan Kim Her has expressed concern over Satwiksairaj Rankireddy's recurring shoulder injury ahead of the BWF World Championships, despite the pair's recent Singapore Open victory.