eclined for the third month in a row in January, falling by 2.38 per cent year-on-year to $36.43 billion, while the trade deficit widened to $22.99 billion in the month. Imports rose by 10.28 per cent year-on-year to $59.42 billion in January due to an increase gold shipments, according to the Commerce Ministry data. The trade deficit was $21.94 billion in December and $16.55 billion in January last year.
Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for devices research, Navkendar Singh said the weakening rupee can lead to an increase in device costs, which can impact the price-sensitive SMB (small and medium businesses) and consumer segments but despite all challenges, the India PC market is most likely to witness a low single-digit growth in 2025.
India's Head Coach Gautam Gambhir has seen both ends of the spectrum with high of Champions Trophy and low of six Test losses and he'll have tough choices to make once the new two-year cycle comes around with the new season.
Food, feminism, fights, father-son issues, famous rivalries, OTT is as loaded as it gets this week.
'I trust him with my life. That's how much I love him, and that's how much he does.'
Many top B-schools attach more value now to academic record, bachelor's degree marks, work experience, performance in the personal interview, as well as gender and academic diversity -- resulting in a decline of the weighting to the CAT score.
Bollywood stars are on their year end break already!
'The US has agreed to negotiate with us a mutually beneficial bilateral trade agreement, which will go for reduction of tariffs on both sides so that our trade can grow.'
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.
Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).
India's merchandise exports dipped by about one per cent to $38.01 billion in December 2024 against $38.39 billion a year ago, according to government data released on Wednesday. Imports increased by 4.8 per cent to $59.95 billion in December 2024 compared to $57.15 billion in the year-ago month.
'While we've seen some standout series over the past year, few have been as captivating and binge-worthy as this.'
Gems of wisdom from Dr Manmohan Singh, who passed into the ages on December 26, 2024.
Shailendra's songs were attuned to Raj Kapoor's explorations of the themes and dreams of the Everyman.
'One of the most significant factors contributing to the optimism for 2025 is the lineup of films featuring Bollywood's three superstar Khans.'
Images from Day 3 of the fourth Test between Australia and India at the MCG on Saturday.
Suddenly, the legendary advertising line -- a diamond is forever -- is losing its shine.
'I've had a 10-and-a-half year journey behind the camera and people don't know who I am.'
Share your favourite pix and videos of your kids, your nieces, your nephews, your grandchildren with Rediff.com. Write in to us at getahead@rediff.co.in (Subjectline: My kids).
The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures and the issue has now been largely rectified, government sources said. The downward revision has provided the actual picture of trade deficit (difference between imports and exports), which was earlier looking very high. The deficit for November will now be revised downwards from $37.84 billion to about $32.8 billion. Similarly, there will be a revision in overall import numbers as well.
The government has revised gold import data, bringing down numbers for November by $5 billion to $9.84 billion, possibly to rectify double accounting of inbound shipments. According to revised data of the commerce ministry arm Directorate General of Commercial Intelligence and Statistics (DGCIS), gold import numbers have been slashed since April 2024, revealing excess imports of about $11.7 billion during the first eight months of 2024-25.
"Less than two week back, we faced a set of allegations from the US about compliance practices. This is not the first time we have faced such challenges. What I can tell you is that every attack makes us stronger," he said addressing the 51st Gems and Jewellery Award in Jaipur.
A Class XII student in Madhya Pradesh allegedly shot dead the principal of his school after being admonished for coming late. The student and his classmate escaped on the principal's scooter after the incident. Police are investigating the case and searching for the two students.
Rahul Dev Burman's collaboration with Asha Bhosle and Kishore Kumar was unique, but he saved his best for Lata Mangeshkar.
'As we navigate uncertain waters, a conservative approach to largecap investing could provide a strategic advantage.'
Former South Africa pacer Morne Morkel feels uncapped India left-arm pacer Mohsin Khan is a gem of a bowler.
The recent stimulus measures announced by China have seen most analysts sit up and take notice.
Sebi orders attachment of bank, demat accounts of Mehul Choksi and Gitanjali Gems after they failed to pay fine imposed on them.
A list of lesser-travelled destinations in India that you must explore this year!
Namrata Thakker picks her 10 favourite Leo movies.
Gold sales on Dhanteras are estimated to drop 10 per cent in volume terms year-on-year on sharp 33 per cent annual rise in rates of the yellow metal, according to industry players. Since Dhanteras -- the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils -- is celebrated on two days till 1.11 pm on Wednesday, jewellers are expecting more footfalls in both online and offline stores.
This is the magic of Sircar's filmmaking -- National Award winners, many of them -- that makes every new work of his an eagerly-awaited affair.
The labour-intensive sector contributes about 15 per cent of the country's overall exports.
Why did Mithali Raj share a picture with Poonam Yadav and Jhulan Goswami?
Sukanya Verma remembers some of his greatest solo numbers in our fondly curated playlist.
The senior IPS officer said Tata displayed resoluteness, uncharacteristic of his calm demeanour, when the iconic hotel came under attack.
Initially, private buyers will be able to make bulk purchases on Government e-marketplace, it will subsequently be broadened to small-ticket buying as well.
Bhumi shares her Royal look....Vaani looks like a boss lady... Taapsee makes a friend...
The FM proposed reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent.
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