News for '-including-india'

FPI net investment in debt market in October third highest in CY23

FPI net investment in debt market in October third highest in CY23

Rediff.com13 Nov 2023

Foreign portfolio investors' (FPIs') net investment in the domestic debt market in October was the third highest during the current calendar year as foreign investors rushed to lock in higher returns amid global uncertainty and geo-political tensions, market participants said. FPI inflows in debt stood at Rs 6, 322 crore in October against Rs 768 crore in September, according to data on the National Securities Depository Limited (NSDL). Market participants said that the majority of the inflows were channelled through corporate bonds.

India registered 9.3 lakh cancer deaths, 2nd highest in Asia

India registered 9.3 lakh cancer deaths, 2nd highest in Asia

Rediff.com3 Jan 2024

Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019.

Compensate if India refuse to travel to Pakistan for CT 2025: PCB urges ICC

Compensate if India refuse to travel to Pakistan for CT 2025: PCB urges ICC

Rediff.com26 Nov 2023

urged the International Cricket Council (ICC) to sign the Champions Trophy 2025 hosting rights agreements with it, stressing that the PCB should be compensated if India refuse to travel.

'Xi had already ordered Galwan when he met Modi in Chennai'

'Xi had already ordered Galwan when he met Modi in Chennai'

Rediff.com30 Jan 2024

'My understanding is that by the time President Xi Jinping came for the Chennai summit [2019], he had already instructed his army to undertake the action in Galwan in the summer of 2020.'

Apple MacBook Pro with M3 chips to be available in India from Nov 7

Apple MacBook Pro with M3 chips to be available in India from Nov 7

Rediff.com31 Oct 2023

Apple's new MacBook Pro laptops and iMac with M3 chipsets will be available across 27 countries, including India, from November 7 onwards, according to an official statement. The company announced the launch of three M3 chipset models with built-in next-generation GPU architecture and a faster CPU with an eye on artificial intelligence use cases, gaming, entertainment professionals and other segments that need high-resolution image processing. The company has launched two variants of MacBook Pro laptops with 14 and 16-inch displays at a starting price of Rs 1.69 lakh and Rs 2.49 lakh, respectively.

Flipkart eyes profitability ahead of IPO

Flipkart eyes profitability ahead of IPO

Rediff.com22 Jan 2024

Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public offering (IPO), now planned in 2025-2026, instead of this year, according to people familiar with the matter. The firm might consider listing in the US or any other geography, including India. The company, which counts the likes of Amazon and Reliance's JioMart among its competitors in India's burgeoning e-commerce market, had also contemplated launching an IPO in 2022-2023.

'We prefer stocks likely to gain from strong domestic growth potential'

'We prefer stocks likely to gain from strong domestic growth potential'

Rediff.com26 Dec 2023

'We like certain stocks from banking, insurance, retail, hospitals and capital goods.' 'Though some of these stocks may seem expensive, they will compound well over the long term, thus justifying their current multiples.'

Rs 8.45 trn & rising: Orders flood major capital goods firms

Rs 8.45 trn & rising: Orders flood major capital goods firms

Rediff.com4 Dec 2023

India's leading capital goods and engineering firms are in the midst of one of their busiest seasons, with the combined orderbook surging past Rs 8 trillion in value. As on September 30, 2023, 13 of India's top 15 listed capital goods and engineering firms, for which data for the September 2023 quarter was available, had a total orderbook worth Rs 8.45 trillion - a number unseen at least since 2018-19. "This intuitively looks like an all-time high factoring in inflation," said Anupama Arora, a senior independent analyst who tracks the capital goods sector.

Many felt Nehruvian secularism was not fair, it led to backlash: Jaishankar

Many felt Nehruvian secularism was not fair, it led to backlash: Jaishankar

Rediff.com16 Nov 2023

Secularism for India does not mean being non-religious but an equal respect to all faiths, but the "appeasement" government policies of the past made the biggest religion of the country feel like it had to be self-deprecatory in the name of equality, External Affairs Minister S Jaishankar has said.

India heading towards groundwater crisis: UN report

India heading towards groundwater crisis: UN report

Rediff.com26 Oct 2023

Some areas in the Indo-Gangetic basin in India have already passed the groundwater depletion tipping point and its entire northwestern region is predicted to experience critically low groundwater availability by 2025, according to a new report by the United Nations.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com22 Oct 2023

Domestic equity markets will be driven mainly by quarterly earnings, global trends, and the movement in crude oil prices in this holiday-shortened week, analysts said. Investors would also keep an eye on the Middle East amid the ongoing Hamas-Israel conflict and the trading activity of foreign investors. Markets will remain closed on Tuesday for Dussehra.

'We're lucky Mujeeb hasn't got a serious knee injury'

'We're lucky Mujeeb hasn't got a serious knee injury'

Rediff.com7 Oct 2023

Afghanistan coach Trott fumes over poor outfield at HPCA stadium.

Will Nawaz Sharif's return as PM normalise India-Pak ties?

Will Nawaz Sharif's return as PM normalise India-Pak ties?

Rediff.com27 Dec 2023

Pakistan-India bilateral relations remained frozen for the fourth year over the vexed Kashmir issue but analysts hope the strained ties could be repaired if Nawaz Sharif becomes the prime minister for a record fourth time in the general elections in February in the absence of his main challenger Imran Khan who is in jail in multiple cases.

Taiwan: A Thorn In China-US Relations

Taiwan: A Thorn In China-US Relations

Rediff.com12 Jan 2024

Any miscalculation and miscommunication are fraught with the risk of a major catastrophe, warns Rup Narayan Das.

US sales momentum, margin gains to support pharma major Cipla's stock

US sales momentum, margin gains to support pharma major Cipla's stock

Rediff.com8 Nov 2023

A strong performance in the July-September quarter of 2023-24 (Q2FY24), an upward revision in the margin guidance and sustained momentum in US sales has helped the stock of pharmaceutical major Cipla gain about 2 per cent over the last two trading sessions. The brokerages have upgraded the earnings estimates for this financial year (FY24) by 6-9 per cent to factor in the improved margin guidance and sales in the US market. Led by the US market, which rose by 31 per cent, the company posted a 16 per cent growth in revenues.

Despite JP Morgan move, analysts remain watchful of bank stocks; here's why

Despite JP Morgan move, analysts remain watchful of bank stocks; here's why

Rediff.com30 Sep 2023

The rally in PSBs, analysts feel, was more a knee-jerk reaction to the development, and the actual benefits will start to accrue once the addition takes place in 2024. "The actual benefit for banks from the inclusion in JP Morgan's EM Index will accrue from June 2024 onwards. "Until then, the larger fundamentals of the market will dictate the moves. "Once the initial euphoria subsides, bond markets will look to global cues which may trigger fresh selling," said Siddharth Khemka, head of retail research, Motilal Oswal Financial Services.

Indians Work Harder Than Chinese, Americans

Indians Work Harder Than Chinese, Americans

Rediff.com15 Nov 2023

But Indians work less than smaller countries with small populations like Bhutan, the Congo, Lesotho and Gambia.

US House panel wants India to be part of NATO Plus

US House panel wants India to be part of NATO Plus

Rediff.com27 May 2023

In its set of recommendations, the China Committee said that economic sanctions against China in case of an attack on Taiwan will be most effective if key allies such as G7, NATO, NATO+5, and Quad members join, and negotiating a joint response and broadcasting this message publicly have the added benefit of enhancing deterrence.

The deadliest earthquakes over past 25 years

The deadliest earthquakes over past 25 years

Rediff.com10 Sep 2023

Here's a look at the deadliest earthquakes over the past 25 years.

Markets to focus on RBI's interest rate decision, global trends

Markets to focus on RBI's interest rate decision, global trends

Rediff.com1 Oct 2023

RBI's interest rate decision, macroeconomic data, global trends and trading activity of foreign investors are the crucial factors to drive equity markets in a holiday-shortened week ahead, analysts said. Markets would remain closed on Monday for Gandhi Jayanti. "While global cues will continue to dictate trends in local markets, focus will shift to RBI's monetary policy announcement on Friday. "Although the market is expecting a status quo on interest rates, global concerns like rising US dollar index and bond yields coupled with surging crude oil prices continue to weigh on investors' minds.

Budget 2024: 'We have to be intelligent'

Budget 2024: 'We have to be intelligent'

Rediff.com1 Nov 2023

'The global situation is not very good.'

Sachin, Akram's plan for ODI makeover revealed!

Sachin, Akram's plan for ODI makeover revealed!

Rediff.com21 Nov 2023

Tendulkar wants to break the ODIs to four innings of 25 overs each to break the "monotony".

Clinton had included India in her maiden Asia trip

Clinton had included India in her maiden Asia trip

Rediff.com16 Feb 2009

The US State Department planners had included India among the countries to be visited by Secretary of State Hillary Clinton in her maiden trip to Asia, a prestigious American publication on foreign policy and diplomacy has reported.

'India-Canada Ties Won't Sink Further'

'India-Canada Ties Won't Sink Further'

Rediff.com25 Sep 2023

'They are too connected for the relationship to completely sour.' 'It will be difficult to mend this relationship, but it will start with full and clear evidence on the issue in question.'

Commerce secy, team in London to push trade deal

Commerce secy, team in London to push trade deal

Rediff.com6 Oct 2023

Officials from India and the United Kingdom (UK) are working overtime to address the contentious issues related to the proposed free trade agreement (FTA) between the two nations, in a final push to conclude the deal by the year-end. Commerce secretary Sunil Barthwal was headed to London on Thursday after completing his four-day visit to Brazil. Other key officials from India's negotiating team will be joining Barthwal in the UK capital, hoping to make headway in the FTA negotiations, which started in January last year, a person aware of the matter told Business Standard.

'US-India initiatives will face new scrutiny'

'US-India initiatives will face new scrutiny'

Rediff.com5 Dec 2023

'This incident offers ammunition to those inside the US government and elsewhere who question the wisdom of trusting India, so it will have a lasting consequence no matter how it is managed.'

'5 nations including India accounted for 55% terror attacks in 2015'

'5 nations including India accounted for 55% terror attacks in 2015'

Rediff.com3 Jun 2016

Five countries including India, Pakistan and Afghanistan accounted for more than half of the terror attacks that took place across the globe in 2015, a US official has said.

'Hamas would have not existed if...'

'Hamas would have not existed if...'

Rediff.com17 Oct 2023

'If Israel had stuck to the peace accords, Hamas would have had no one to fight.'

JP Morgan EM index addition: Banks, FIs look to raise Rs 18,000 crore

JP Morgan EM index addition: Banks, FIs look to raise Rs 18,000 crore

Rediff.com2 Oct 2023

Days after JP Morgan announced the inclusion of government bonds in its emerging market (EM) bond index, a host of banks and other financial institutions (FIs) are set to tap the debt market. They plan to raise Rs 18,000 crore by issuing non-convertible debentures (NCDs) and bonds. National Bank for Agriculture and Rural Development (Nabard) plans to raise up to Rs 3,000 crore via five-year social impact bonds on Tuesday, the first of its kind in India.

Poll bonds not standalone attempt to curb black money, govt tells SC

Poll bonds not standalone attempt to curb black money, govt tells SC

Rediff.com1 Nov 2023

The Centre told the Supreme Court on Wednesday that almost every country, including India, was grappling with the problem of use of black money in elections and the electoral bonds scheme was a "conscious attempt" to eradicate the menace of "unclean money" in the poll process.

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

Rediff.com16 Nov 2023

The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.

Foreign flows into Indian equities to take a breather, suggest analysts

Foreign flows into Indian equities to take a breather, suggest analysts

Rediff.com25 Sep 2023

Foreign flows into Indian equities are expected to pause in the short to medium term, say analysts. The outlook is influenced by multiple factors, including rising oil prices, actions from global central banks, climbing bond yields, and the dollar index gaining prominence. "Valuations appear rich with the markets at record highs.

'The real GDP was captured better'

'The real GDP was captured better'

Rediff.com1 Dec 2023

'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'

Putin to back expanding G8 to include India

Putin to back expanding G8 to include India

Rediff.com16 Jul 2006

Russia will back the expansion of the G-8 if its partners in the club voice such a proposal, Putin said before the formal opening of the summit.

JP Morgan's inclusion of India to emerging market debt index may boost G-secs

JP Morgan's inclusion of India to emerging market debt index may boost G-secs

Rediff.com24 Oct 2023

India's inclusion in JP Morgan's bond index can channel billions of dollars into India. How will the government securities market handle it?

'Bond inclusion will lower cost of capital'

'Bond inclusion will lower cost of capital'

Rediff.com5 Oct 2023

'The cost of financing the fiscal deficit will decrease, as new passive investors join in.'

India-US bond yield spread at 17-year low

India-US bond yield spread at 17-year low

Rediff.com29 Sep 2023

JP Morgan's decision last week to include Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) index and the index suite from June 2024 may be a sort of blessing for India, as the move is estimated to result in an inflow of $25 billion of foreign portfolio investments into the country. The development comes at a time when the spread between the benchmark 10-year government of India bond and the 10-year US government bond has declined to its lowest level in more than 17 years. Low yield spreads make Indian bonds less attractive to foreign portfolio investors (FPIs).

ADB marginally lowers India's growth projection to 6.3%

ADB marginally lowers India's growth projection to 6.3%

Rediff.com20 Sep 2023

Indian growth in the rest of this fiscal year and next will be propelled by robust domestic consumption as consumer confidence improves, and by investment, including large increases in government capital expenditure, according to the Asian Development Outlook September 2023. "As slowing exports could foment headwinds for the economy, and erratic rainfall patterns are likely to undermine agricultural output, the growth forecast for FY2023 is revised down marginally to 6.3 per cent," ADB said.

China 'welcomes' India-Europe corridor so long as it doesn't...

China 'welcomes' India-Europe corridor so long as it doesn't...

Rediff.com11 Sep 2023

China welcomes all initiatives that truly help developing countries build infrastructure and sincere efforts to promote connectivity and common development, the Chinese Foreign Ministry said.

Is Shaheen Afridi the new Mohammad Amir?

Is Shaheen Afridi the new Mohammad Amir?

Rediff.com1 Sep 2023

The world No 1 Pakistan will take on India as the two arch rivals meet at Pallekele in a Group A encounter.