News for '-the-globe'

Despite regulatory uncertainties, investors betting big on Web3 startups

Despite regulatory uncertainties, investors betting big on Web3 startups

Rediff.com21 Nov 2022

If you are a budding developer and interested in Web3, chances are that you will be headed to one of India's largest-ever meetings of Web3 developers, being held by Polygon, a Web3 platform. The company's ongoing "Web3: Made in India Tour" is expected to see close to 4,000 developers coming together at the inaugural Polygon Connect event in Bengaluru on December 1. The event highlights the growing dominance of Web3 developers from India, as well as the sector's rising interest to investors, who continue to invest in startups despite a funds crunch.

India supports mutual trust among SCO members: Modi

India supports mutual trust among SCO members: Modi

Rediff.com16 Sep 2022

Modi's emphasises on transit for trade comes amid Pakistan's reluctance to provide such a facility for two-way trade between India and Pakistan.

Captains' Day lights up the start of T20 World Cup

Captains' Day lights up the start of T20 World Cup

Rediff.com15 Oct 2022

The 16 skippers made history, coming together in Melbourne for the first time at a T20 World Cup.

How IBM's Bengaluru unit is priming companies for cyberattacks

How IBM's Bengaluru unit is priming companies for cyberattacks

Rediff.com27 Mar 2022

Located in a small township in the eastern part of Bengaluru is IBM's new Security Command Centre, which is surrounded by offices of multinational tech companies. This unit is the centrepiece of IBM's multi-million dollar investment to help businesses prepare for the growing threat of cyberattacks across the Asia-Pacific (APAC) region. This facility is the first of its kind in the region. It helps train in cybersecurity response techniques through highly realistic and simulated cyberattacks.

A lot has changed since decades-old IT Act: Tata's Chandra

A lot has changed since decades-old IT Act: Tata's Chandra

Rediff.com10 Jun 2022

N Chandrasekaran, chairman of Tata Consultancy Services (TCS) and Tata Sons, believes that the Digital India Act is a necessity. "The Digital India Act is a necessity because so much has changed over the decades since the original Information Technology (IT) Act was put in place. I am glad the government is developing a participative approach to developing the Digital Act," he said, while answering shareholders at TCS' 27th annual general meeting. Minister of State for Electronics and IT Rajeev Chandrasekhar a few months ago had said that the government would shortly roll out the Digital India Act - a renewed policy for the digital ecosystem and cyberspace in the country.

Flags fly at half mast as India mourns Queen Elizabeth II

Flags fly at half mast as India mourns Queen Elizabeth II

Rediff.com11 Sep 2022

As India observes state mourning on Sunday over Queen Elizabeth II's death, many people questioned the decision after the government's attempts to remove 'symbols of slavery' by rechristening Rajpath and unveiling a new naval ensign drawing inspiration from Chhatrapati Shivaji.

India's sub-Rs 10,000 phone market may be reserved for domestic players

India's sub-Rs 10,000 phone market may be reserved for domestic players

Rediff.com23 Aug 2022

How dominant are Chinese firms in India's sub-Rs 10,000 mobile device market? The question has become relevant as the government has been thinking of reserving this price segment for domestic players who have not been able to battle the Chinese onslaught. However, telecom firms and others are concerned that such a move could stymie the effort to build affordable 5G phones in the sub-Rs 10,000 category.

Key lessons for investors from stock market's bear phase in 2010-2011

Key lessons for investors from stock market's bear phase in 2010-2011

Rediff.com7 Jun 2022

It has been a choppy calendar year 2022 (CY22) for global financial markets amid the spectre of rising inflation that led most central banks, especially the US Federal Reserve (US Fed), to tighten their monetary policy. Most equity indices across the globe have seen a sharp fall from their respective peak levels in this backdrop. FTSE India, for instance, has corrected 16 per cent from its October peak.

90% chipmakers have design footprint in India: Intel

90% chipmakers have design footprint in India: Intel

Rediff.com16 Nov 2021

As many as 2,000 chips are annually designed in India by semi-conductor and fabless companies, Intel India managing director Prakash Mallya said in a conversation with Business Standard. Mallya was reiterating the importance of India in the semi-conductor sweepstakes. "As much as 90 per cent of the semi-conductor companies have a design footprint in India.

Rain threat looms as India-Pak set for T20 WC showdown

Rain threat looms as India-Pak set for T20 WC showdown

Rediff.com22 Oct 2022

Thousands of fans from both countries have crisscrossed the globe to watch their team in action and trust rival captains Rohit Sharma and Babar Azam to tell you this is another 'match' for them, but all the 22 players and reserves know that this is 'The Match'.

A day after collapsing, auctioneer Edmeades returns

A day after collapsing, auctioneer Edmeades returns

Rediff.com13 Feb 2022

Edmeades collapsed inside the auction room of ITC Gardenia Hotel

B-Schools: Consulting Tops Interns Hires

B-Schools: Consulting Tops Interns Hires

Rediff.com9 Nov 2022

...followed by financial services, IT, and sales and marketing.

Cyrus Mistry: Reclusive scion who let his work do the talking

Cyrus Mistry: Reclusive scion who let his work do the talking

Rediff.com4 Sep 2022

A naturally reclusive nature and a conviction for the work to do the talking meant there was very little known about Mistry even during his time at the helm of Tata Sons. He did not do a single media interview from Bombay House.

FTA: UK, India not working towards Diwali deadline

FTA: UK, India not working towards Diwali deadline

Rediff.com14 Oct 2022

The free trade agreement (FTA) talks with India are no longer working towards a Diwali deadline though negotiations are progressing well, UK Trade Secretary Kemi Badenoch has said as New Delhi expressed confidence on Friday of an "early date" for a mutually beneficial deal. "There are ongoing negotiations as we know on the FTA. There is interest on both sides to see if we can work towards a deal, an FTA, that is beneficial to both the countries at an early date," external affairs ministry spokesperson Arindam Bagchi told reporters in New Delhi. It came as External Affairs Minister S Jaishankar spoke to his UK counterpart, James Cleverly, and referenced the Roadmap 2030 bilateral agreement signed between Prime Minister Narendra Modi and former UK PM Boris Johnson in May last year, with no specific reference to the FTA.

Queen Elizabeth II to be buried with husband Prince Philip

Queen Elizabeth II to be buried with husband Prince Philip

Rediff.com16 Sep 2022

Queen Elizabeth II will be buried with her late husband Prince Philip at the conclusion of a solemn state funeral service made up of an hour-long ceremony at Westminster Abbey in London on Monday, Buckingham Palace announced on Thursday.

PIX: Actor Jackie Chan carries Olympic torch atop Great Wall

PIX: Actor Jackie Chan carries Olympic torch atop Great Wall

Rediff.com3 Feb 2022

The Olympic torch relay began its second day on Thursday atop the Great Wall, with Hong Kong actor Jackie Chan and Chinese Olympic medallists among those taking turns carrying the flame along a route shortened to three days because of COVID-19.

While Stars Won Globes, Audiences Lost Out

While Stars Won Globes, Audiences Lost Out

Rediff.com10 Jan 2022

There was no drama, no applause, no tears, no laughter. The 79th Golden Globes had indeed lost its lustre, says Aseem Chhabra.

Gold, silver ETFs gain amid Russia-Ukraine tensions

Gold, silver ETFs gain amid Russia-Ukraine tensions

Rediff.com24 Mar 2022

The surge in volatility across the globe sparked by Russian invasion of Ukraine has led to an increase in prices of gold and silver - considered to be safe-haven investment bets. In the past month, silver funds have delivered returns of 7.34 per cent, while gold funds on an average have risen around 6 per cent. In comparison, the benchmark Nifty has declined 4 per cent. Fund managers say precious commodities act as a good hedge against inflation and phases of geopolitical uncertainty.

Attacks on minorities continued in 2021, says US report on India

Attacks on minorities continued in 2021, says US report on India

Rediff.com2 Jun 2022

The US state department in its annual report to the Congress on international religious freedom has alleged that in India in 2021, attacks on members of the minority communities, including killings, assaults, and intimidation, occurred throughout the year.

Remembering Mother Teresa, 25 Years On

Remembering Mother Teresa, 25 Years On

Rediff.com9 Sep 2022

Twenty five years after her passing, Mother Teresa's congregation continues to work selflessly in the homes she set up for abandoned babies, leprosy victims and the dying destitute, reports Payal Singh Mohanka.

Market mayhem wipes off Rs 13.44 lakh cr investor wealth

Market mayhem wipes off Rs 13.44 lakh cr investor wealth

Rediff.com24 Feb 2022

Investor wealth worth over Rs 13.44 lakh crore was wiped off on Thursday as the domestic equity markets tumbled along with global risk assets, after Russia launched military operations against Ukraine. Amid intensifying rout in the global financial markets, the 30-share BSE Sensex plummeted 2,702.15 points or 4.72 per cent to end at 54,529.91. The carnage on Dalal Street eroded investor wealth worth Rs 13,44,488.54 crore, taking the total market capitalisation (m-cap) to Rs 2,42,24,179.79 crore on the BSE.

Ready for virtual poll rallies, says BJP amid Omicron risk

Ready for virtual poll rallies, says BJP amid Omicron risk

Rediff.com29 Dec 2021

Union minister Gajendra Singh Shekhawat on Wednesday said the Bharatiya Janata Party is ready for virtual election rallies and the party will follow the Election Commission's guidelines.

Inflation management can't be singularly left to RBI: Sitharaman

Inflation management can't be singularly left to RBI: Sitharaman

Rediff.com8 Sep 2022

Finance Minister Nirmala Sitharaman on Thursday said inflation management cannot be "singularly" left to the monetary policy as a majority of activities are outside its purview in the current context. Speaking at a seminar organised by economic think-tank Icrier, the finance minister said that both the fiscal policy and the monetary policy have to work together to contain inflation. Consumer price index (CPI) based inflation or retail inflation is ruling above the Reserve Bank's comfort level of 6 per cent since January.

In first meet with Xi, Biden brings up China's policies in Taiwan, Tibet, Hong Kong

In first meet with Xi, Biden brings up China's policies in Taiwan, Tibet, Hong Kong

Rediff.com14 Nov 2022

US President Joe Biden and his Chinese counterpart Xi Jinping on Monday held their first in-person meeting in Bali, with both leaders underscoring the need to manage their differences and prevent a conflict, amid Beijing's coercive military posturing against Taiwan and in the strategic Indo-Pacific region.

India's tour of South Africa in doubt over new COVID variant?

India's tour of South Africa in doubt over new COVID variant?

Rediff.com27 Nov 2021

The new COVID-19 variant, which threatens to wreak havoc in South Africa, has led to considerable concerns about India's tour of the Rainbow Nation next month and there could be changes in the quarantine rules for players in the coming days.

Sustainable funds see Rs 315 cr outflow in 2021-22

Sustainable funds see Rs 315 cr outflow in 2021-22

Rediff.com24 Apr 2022

Investors are yet to warm up to the concept of sustainable investing with sustainable or ESG (environmental, social, and governance) funds in India witnessing outflows of Rs 315 crore in 2021-22. This comes following a staggering inflow of Rs 4,884 crore in FY 2020-21. Prior to that, sustainable funds saw an infusion of over Rs 2,000 crore, according to data compiled by Morningstar India.

Children Will Always Remember Uncle Pai

Children Will Always Remember Uncle Pai

Rediff.com24 Oct 2022

Uncle Pai, as he was fondly called, inculcated in Indian children a love for and interest in India's glorious past and its heroes.

'Pinnacle of my individual achievements'

'Pinnacle of my individual achievements'

Rediff.com18 Jan 2022

Ronaldo was also one of five Premier League players named in the FIFPRO Team Of the Year, which is the only global player award exclusively voted for by professional footballers.

Elon Musk asks shareholders to decide on his Twitter bid

Elon Musk asks shareholders to decide on his Twitter bid

Rediff.com15 Apr 2022

The large share purchase would give the corporate raider significant voting rights, which could then be used to push changes in the company's leadership and management. This would increase share value and thus generate a massive return for the raider. "Taking Twitter private at $54.20 should be up to shareholders, not the board," Musk tweeted with the opinion poll with two options 'Yes' and 'No' . Implying that shareholders have to decide as they own the company, not the board of directors.

New virus variant spooks markets; Sensex plunges 1,688 points

New virus variant spooks markets; Sensex plunges 1,688 points

Rediff.com26 Nov 2021

IndusInd Bank was the top loser in the Sensex pack, tanking over 6 per cent, followed by Maruti, Tata Steel, NTPC, Bajaj Finance, HDFC and Titan. NSE Nifty plunged 509.80 points to 17,026.45.

12% of Apple's iPhones sold worldwide could be India-made by FY26

12% of Apple's iPhones sold worldwide could be India-made by FY26

Rediff.com20 Sep 2022

At a time when Apple delivered its flagship line of new products on schedule despite battling a year of supply-chain turmoil, India could account for at least 12 per cent of the free-on-board (FoB) value of Apple Inc's iPhones manufactured by its vendors globally by 2025-26 (FY26). The number represents a significant shift for the Cupertino-based company's over-dependence on China, where 95 per cent of its phones are still being made. India's growing importance can be seen from the fact that in 2021-22 (FY22) - the first year of the production-linked incentive (PLI) scheme (the scheme was extended by a year due to the pandemic) - the FoB value of iPhones made in the country was $1.75 billion, translating into less than 2 per cent of the global value.

Inflation: Maintain 10-15% Investment In Gold

Inflation: Maintain 10-15% Investment In Gold

Rediff.com15 Jul 2022

Despite its recent underperformance, gold must be a part of your portfolio.

IMAGES from the Golden Globes 2021

IMAGES from the Golden Globes 2021

Rediff.com1 Mar 2021

The 78th edition of Hollywood's prestigious awards ceremony sees just a sprinkling of stars at the Rainbow Room in New York.

Factors that will drive stock markets this week

Factors that will drive stock markets this week

Rediff.com8 May 2022

Global markets trends, inflation, release of industrial output data and quarterly earnings will dictate movement of the equity benchmarks this week, analysts said, adding that volatility might continue amid slew of announcements of macroeconomic data at the global level too. Moreover, foreign fund movement, crude oil prices and trend in rupee would also act as major drivers for the equity market, they added. "The direction of global equity markets along with movement in dollar index and crude oil prices will continue to dominate while inflation numbers of the USA on May 11 and inflation and IIP numbers of India on May 12 will also cause volatility in the market," said Santosh Meena, head of research, Swastika Investmart Ltd.

Satya Nadella, Shantanu Narayen among investors for US' first T20 league

Satya Nadella, Shantanu Narayen among investors for US' first T20 league

Rediff.com20 May 2022

In a significant push to popularise cricket in the US, a $120 million funding has been secured from prominent Indian-American business leaders, including Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen, to launch the first professional T20 league in the US. Major League Cricket (MLC), the first professional Twenty20 Cricket League in the US, announced Thursday that it has completed an initial close of a $44 million Series A and A1 Fundraising Round led by a group of America's leading business leaders. It said that with an additional commitment of $76 million in further fundraising over the next 12 months in place, MLC plans to deploy more than $120 million to launch the country's first-ever professional T20 league.

'We Should Only Give Ranveer Love'

'We Should Only Give Ranveer Love'

Rediff.com27 Jul 2022

'I don't like anything negative said about my favourite Ranveer Singh.'

Behind govt's RS nominations, BJP's big southern outreach

Behind govt's RS nominations, BJP's big southern outreach

Rediff.com6 Jul 2022

Iconic composer Ilaiyaraaja, celebrated athlete PT Usha, philanthropist Veerendra Heggade and screenwriter V Vijayendra Prasad Garu were nominated to Rajya Sabha on Wednesday.

President, ministers lead the way on Yoga Day

President, ministers lead the way on Yoga Day

Rediff.com21 Jun 2021

Take a look at our leaders taking to the yoga mats on this special day.

The Gray Man Review

The Gray Man Review

Rediff.com22 Jul 2022

The Gray Man is mindless fun, worth your monthly Netflix subscription, notes Aseem Chhabra.

Covid runs rampant in China as govt seems absent

Covid runs rampant in China as govt seems absent

Rediff.com26 Dec 2022

One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.