News for '-rediff-archives'

Sensex sinks 1,062 points on selling in index majors

Sensex sinks 1,062 points on selling in index majors

Rediff.com9 May 2024

Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.

Imports of pulses may dip in FY25 on good monsoon

Imports of pulses may dip in FY25 on good monsoon

Rediff.com12 Aug 2024

After climbing to the highest level in more than five years to 4.7 million tonnes in FY24, India might import fewer quantities of pulses this financial year at 4-4.5 mt on the back of good monsoon and higher domestic production, Bimal Kothari, chairman of India Pulses and Grains Association (IPGA), said in New Delhi on Friday. Kothari was addressing reporters on the sidelines of a seminar on pulses titled "Bharat Dalhan-2024".

Passenger vehicle wholesales rise 4% to 286,390 units in December

Passenger vehicle wholesales rise 4% to 286,390 units in December

Rediff.com12 Jan 2024

Domestic passenger vehicle wholesales grew by 4 per cent to 286,390 units last month, the Society of Indian Automobile Manufacturers said on Friday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicles (PVs) from manufacturers to dealers were 275,352 units in December 2022.

Injury crisis hit Aussie bowling lineup ahead of India series

Injury crisis hit Aussie bowling lineup ahead of India series

Rediff.com15 Oct 2024

Australia's decision to field an unchanged frontline pace attack last summer might have been unusual as selectors now reassess their seam options after losing allrounder Cameron Green.

Hayden Backs Pant, Warns Jaiswal

Hayden Backs Pant, Warns Jaiswal

Rediff.com22 Aug 2024

'Guys like Rishabh Pant have got a muscle memory and the thirst for victory.' 'He was such a key player last time he played there and the Australian public loved him as well, because of the nature of the way he played his game.'

Sensex climbs over 250 pts on buying in Reliance, M&M

Sensex climbs over 250 pts on buying in Reliance, M&M

Rediff.com17 May 2024

M&M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC. Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece. In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.

Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends

Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends

Rediff.com6 Sep 2024

Benchmark equity indices Sensex and Nifty slumped over 1 per cent on Friday, tracking a weak trend in global markets and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93.

When Muslim League Wanted Rampur For Pakistan

When Muslim League Wanted Rampur For Pakistan

Rediff.com8 Nov 2024

'If you can have Rampur flown magically to Pakistan's borders, I might ask the nawab to accede to Pakistan. Else, I'm afraid we have no choice in the matter but to join India.'

13 candidates in fray for PNB top job

13 candidates in fray for PNB top job

Rediff.com2 Oct 2024

At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.

The Gabba faces major uncertainty over its future

The Gabba faces major uncertainty over its future

Rediff.com19 Aug 2024

CA chief calls on Queensland to invest in stadium after Gabba was snubbed from international calendar for first time in 50 years.

Steve Smith joins Washington Freedom ahead of MLC season

Steve Smith joins Washington Freedom ahead of MLC season

Rediff.com11 Apr 2024

Smith, who has played just four Twenty20 internationals for Australia since the start of 2023, went unsold at the Indian Premier League auction held in December last year.

India, China reach pact, to resume pre-Galwan patrolling along LAC

India, China reach pact, to resume pre-Galwan patrolling along LAC

Rediff.com21 Oct 2024

India on Monday announced it has reached an agreement with China on patrolling along the Line of Actual Control (LAC) in eastern Ladakh, in a major breakthrough in ending the over four-year-long military standoff ahead of a likely meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Russia this week.

Centre changed telecom policy after getting Rs 150 cr: Owaisi

Centre changed telecom policy after getting Rs 150 cr: Owaisi

Rediff.com28 Mar 2024

Prime Minister Narendra Modi-led National Democratic Alliance government has changed the telecom policy after receiving electoral bonds worth Rs 150 crore from a company, All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi claimed on Thursday.

When It Was Bradman Versus India

When It Was Bradman Versus India

Rediff.com21 Nov 2024

History has not seen a cricketing rivalry as fierce as this this century, every ball bowled every run taken, coming with no quarter given. Ahead of India's five Test tour of Australia, Norma Astrid Godinho/Rediff.com takes a walk down memory lane, recounting India's sojourns Down Under from 1947 to 2021, in a 4-part series.

Automobile exports from India rise 15.5% in Q1

Automobile exports from India rise 15.5% in Q1

Rediff.com14 Jul 2024

Automobile exports from India rose 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according to the latest SIAM data. Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compared with 10,32,449 units in the same period of the last fiscal. Passenger vehicle exports stood at 1,80,483 units in the first quarter, registering a jump of 19 per cent over 152,156 units in the same period last year.

Sensex, Nifty drop on foreign fund outflows, weak US markets

Sensex, Nifty drop on foreign fund outflows, weak US markets

Rediff.com26 Mar 2024

From the Sensex basket, PowerGrid, Bharti Airtel, Wipro, HDFC Bank, Kotak Mahindra Bank, UltraTech Cement, Asian Paints, Infosys and Reliance Industries were the major laggards. Bajaj Finance, NTPC, Larsen & Toubro, Axis Bank, Tata Motors, IndusInd Bank and Bajaj Finserv were among the gainers.

Ratan Tata Passes Away At 86

Ratan Tata Passes Away At 86

Rediff.com10 Oct 2024

For the past few days, Tata had been admitted to the Breach Candy Hospital in south Mumbai.

RBI changes policy stance to open window for a rate cut

RBI changes policy stance to open window for a rate cut

Rediff.com9 Oct 2024

The Reserve Bank of India on Wednesday decided to keep the policy rate unchanged for the tenth time in a row but changed its stance to 'neutral' that may lead to a cut in the forthcoming policies. RBI maintained status quo despite the US Federal Reserve lowering the benchmark rates by 50 basis points last month.

More upside in Zomato's stock, but competition also rising

More upside in Zomato's stock, but competition also rising

Rediff.com17 Oct 2024

The filing of Swiggy's DRHP has led to direct comparisons with Zomato, which is a direct competitor in food delivery and the fast-growing quick-commerce segment where Blinkit (owned by Zomato) faces off against Instamart (and Zepto). In Q-commerce, Flipkart, Amazon, Reliance and Big Basket are all entering the space. All of them have deep pockets, hence competitive intensity will rise going forward.

Rahane to play County Championship for Leicestershire

Rahane to play County Championship for Leicestershire

Rediff.com27 Jun 2024

The 36-year-old is signed as a replacement for South African Wiaan Mulder, who is expected to travel to the West Indies with the Proteas in August.

Annu Rani, Rajesh Ramesh warm up for Olympics with wins in Warsaw

Annu Rani, Rajesh Ramesh warm up for Olympics with wins in Warsaw

Rediff.com21 Jul 2024

Yarraji also competed in the women's 200m event in Warsaw and clocked 23.53 to finish second behind compatriot Kiran Pahal, who timed her run at 23.33.

Adani Ports to enter Sensex from June 24; Wipro to move out

Adani Ports to enter Sensex from June 24; Wipro to move out

Rediff.com24 May 2024

Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. This marks the first inclusion of any Adani Group firm in Sensex. The group has 10 listed firms with a combined market valuation surpassing Rs 17 lakh crore.

Duleep Trophy: Can Agarwal make his case for India comeback?

Duleep Trophy: Can Agarwal make his case for India comeback?

Rediff.com11 Sep 2024

In the absence of national regulars, the focus will shift on the likes of Rinku, who was surprisingly not picked for the first round despite having an impressive first-class record.

FM Nirmala Sitharaman to review RRBs' performance after Budget session

FM Nirmala Sitharaman to review RRBs' performance after Budget session

Rediff.com30 Jul 2024

Union Finance Minister Nirmala Sitharaman will review the performance of regional rural banks (RRBs) after the Budget session of Parliament, according to two people familiar with the matter. The finance minister will review the performance of RRBs after August 13. The review will include discussions on enhancing the digital capabilities of RRBs, said a senior government official.

REDIFF ARCHIVES: 'The most boring person is one who plays safe'

REDIFF ARCHIVES: 'The most boring person is one who plays safe'

Rediff.com28 Oct 2015

Mumbai-origin Gulam Kaderbhoy Noon, who migrated to Britain with little funds and went on to found several Indian food companies that made him known as Britain's first 'Curry King', died on Tuesday at the age of 79 after he surrendered in his battle against liver cancer.

Buttler, Curran back ECB for pulling players out of IPL

Buttler, Curran back ECB for pulling players out of IPL

Rediff.com21 May 2024

England players returned home even before the completion of the IPL's league stage on Sunday.

Haryana man dies fighting for Russia in Ukraine, says family

Haryana man dies fighting for Russia in Ukraine, says family

Rediff.com29 Jul 2024

The Indian embassy in Moscow confirmed the death of Ravi Moun, who hailed from Matour village in Haryana's Kaithal district, his brother Ajay Moun said.

Goodbye Skipper!

Goodbye Skipper!

Rediff.com29 Nov 2024

'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'. 'He went on to explain to his perplexed, blue chip B-School audience that MBB stood for "Marwadi by birth"!' Shivanand Kanavi salutes Shashi Ruia, co-founder of the Essar group who passed into the ages on November 25, 2024 in Mumbai.

Vijender backs players' demands for personal coaches

Vijender backs players' demands for personal coaches

Rediff.com27 Jul 2024

The 38-year-old Haryana boxer won a bagful of medals between 2006 and 2014, including a bronze at the 2008 Beijing Olympics and the 2009 World Championships, before turning professional.

Who Are India's Newest Billionaires?

Who Are India's Newest Billionaires?

Rediff.com11 Oct 2024

The collective wealth of the 100 richest went past $1 trillion for the first time.

IOA row gets murkier as Usha lambasts Chaubey

IOA row gets murkier as Usha lambasts Chaubey

Rediff.com10 Oct 2024

Livid PT Usha declares no confidence bid against her illegal

NSE, BSE to conduct special trading session on May 18

NSE, BSE to conduct special trading session on May 18

Rediff.com7 May 2024

The National Stock Exchange (NSE) and BSE on Tuesday said they will conduct a special trading session in the equity and equity derivative segments on May 18 to check their preparedness for handling major disruptions or failure at the primary site. The special live trading session will have an intra-day switchover from the Primary Site (PR) to the Disaster Recovery (DR) site.

RBI pegs inflation at 4.5% for FY25

RBI pegs inflation at 4.5% for FY25

Rediff.com5 Apr 2024

The Reserve Bank on Friday retained inflation projection at 4.5 per cent for the current financial year, lower than 5.4 per cent in the last fiscal. Assuming a normal monsoon this year, CPI (consumer price index-based) inflation for the current year is projected at 4.5 per cent, with Q1 at 4.9 per cent, Q2 at 3.8 per cent, Q3 at 4.6 per cent, and Q4 at 4.5 per cent.

Infosys Q2 net profit rises 4.7%; lifts FY25 revenue guidance

Infosys Q2 net profit rises 4.7%; lifts FY25 revenue guidance

Rediff.com17 Oct 2024

Infosys Ltd on Thursday reported a 4.7 per cent rise in the September quarter net profit and raised revenue guidance after broadbased growth. Net profit of Rs 6,506 crore in July-September was up 4.7 per cent when compared to Rs 6,212 crore earnings in the same period last year. It was 2.2 per cent higher quarter-on-year, according to a company statement.

Explained: Section 6A of the Citizenship Act

Explained: Section 6A of the Citizenship Act

Rediff.com17 Oct 2024

Section 6A, which was incorporated in the Citizenship Act 1955 following the signing of the 1985 Assam Accord, was upheld by the Supreme Court.

Starc can't wait for Border-Gavaskar Trophy to be back on Aus shores

Starc can't wait for Border-Gavaskar Trophy to be back on Aus shores

Rediff.com21 Aug 2024

Currently, India leads the World Test Championships table with Australia in second place.

T20 WC: Kohli's iconic 6 vs Pak voted 'Greatest Moment'

T20 WC: Kohli's iconic 6 vs Pak voted 'Greatest Moment'

Rediff.com1 Jun 2024

Virat Kohli's masterclass against Pakistan in the T20 World Cup in 2022 has been voted the T20 World Cup FanCraze Greatest Moment.

RBI keeps repo rate unchanged at 6.5% once again

RBI keeps repo rate unchanged at 6.5% once again

Rediff.com8 Feb 2024

The Reserve Bank of India on Thursday decided to keep policy rate unchanged for the sixth time in a row as it maintains a tight vigil on inflation. The rate increase cycle was paused in April last year after six consecutive rate hikes aggregating to 250 basis points since May 2022.

TCS' Q3 net profit grows 8.2% to Rs 11,735 cr

TCS' Q3 net profit grows 8.2% to Rs 11,735 cr

Rediff.com11 Jan 2024

The country's largest software exporter on Thursday reported an 8.2 per cent growth in net profit for the December quarter at Rs 11,735 crore. The company said its revenue for the reporting quarter grew 4 per cent to Rs 60,583 crore driven by strong double-digit growth in emerging markets, led by India.

India aim to gain upper hand over struggling Kiwis in overcast Bengaluru

India aim to gain upper hand over struggling Kiwis in overcast Bengaluru

Rediff.com15 Oct 2024

India has only minor concerns, but New Zealand's troubles across batting and bowling departments are more pronounced.