News for '41 years'

India resumes gold futures trade after 41 years

India resumes gold futures trade after 41 years

Rediff.com3 Oct 2003

The technology-driven futures trading in gold and silver would fulfill its objectives only if poor farmers and small goldsmiths benefit from it, Sharad Yadav, minister for consumer affairs, food and public distribution, said in New Delhi on Friday.

Gold nears Rs 1 lakh-mark on weak dollar

Gold nears Rs 1 lakh-mark on weak dollar

Rediff.com21 Apr 2025

Gold prices inched closer to the psychological mark of Rs 1 lakh per 10 grams as the bullion rates surged Rs 1,650 in the national capital on Monday on weak dollar and uncertainties over US-China trade war driving demand. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity reached Rs 99,800 per 10 grams on Monday. Its value had declined Rs 20 to close at Rs 98,150 on Friday.

13-year-old Vaibhav has some good skills: Dravid

13-year-old Vaibhav has some good skills: Dravid

Rediff.com26 Nov 2024

'Vaibhav just came to our trials and we were really happy with what he saw.'

F1: Verstappen edges Norris for Japanese GP pole

F1: Verstappen edges Norris for Japanese GP pole

Rediff.com5 Apr 2025

World champion Max Verstappen took pole position for the Japanese Grand Prix on Saturday, stunning the McLarens with a late flying lap.

Maruti Suzuki Q4 net profit dips 1% on higher expenses

Maruti Suzuki Q4 net profit dips 1% on higher expenses

Rediff.com26 Apr 2025

Auto major Maruti Suzuki India on Friday said its consolidated net profit declined by 1 per cent year-on-year to Rs 3,911 crore in the fourth quarter ended March 31, 2025, on account of higher expenses. The country's largest carmaker reported a net profit of Rs 3,952 crore in the January-March quarter of FY24.

Exports inch up; trade deficit hits $21.54 bn in March

Exports inch up; trade deficit hits $21.54 bn in March

Rediff.com16 Apr 2025

India's exports grew marginally by 0.7 per cent to $41.97 billion in March, while the trade deficit stood at $21.54 billion in the month, the latest government data showed on Tuesday.

Olympic, World champions headline Neeraj Chopra event

Olympic, World champions headline Neeraj Chopra event

Rediff.com24 Apr 2025

The maiden edition of Neeraj Chopra Classic javelin throw event will be teeming with stars as the likes of Anderson Peters of Grenada and Thomas Rohler of Germany are taking part.

India, US trade talks likely to resume in Washington

India, US trade talks likely to resume in Washington

Rediff.com17 Apr 2025

An Indian official team is likely to visit Washington next week to iron out differences on certain issues before formally launching negotiations for the proposed India-US bilateral trade agreement (BTA), an official said. The visit, which comes within weeks of a high-level US team visiting India, indicates that the talks for the BTA are gaining momentum.

USOPC confirms White House support on LA28 visas

USOPC confirms White House support on LA28 visas

Rediff.com18 Apr 2025

The USOPC has received "significant reassurances" from the White House on visas for the Los Angeles 2028 Games, Chair Gene Sykes said on Thursday, weeks after an internal memo showed the Trump administration was weighing sweeping travel restrictions.

ISSF World Cup: Chain Singh shoots down bronze

ISSF World Cup: Chain Singh shoots down bronze

Rediff.com4 Apr 2025

Asian Games medallist shooter Chain Singh earned India its first medal in the ISSF World Cup, winning a bronze in the men's 50m rifle 3-positions event in Buenos Aires, Argentina.

Small ticket transactions drag avg retail payments value by 48% in 3 years

Small ticket transactions drag avg retail payments value by 48% in 3 years

Rediff.com27 Dec 2024

The average value of retail digital payments dropped 48 per cent from Rs 8,769 in March 2021 to Rs 4,560 in March 2024 due to a growing preference to use digital modes of transactions for small value payments, according to the Reserve Bank of India's (RBI) report on the trend and progress of banking in India.

PIX: Suryavanshi stars as Rajasthan end on winning note

PIX: Suryavanshi stars as Rajasthan end on winning note

Rediff.com21 May 2025

IMAGES from the Indian Premier League match played between Rajasthan Royals and Chennai Super Kings in New Delhi, on Tuesday.

Chirag Paswan's security cover upgraded to Z category

Chirag Paswan's security cover upgraded to Z category

Rediff.com14 Oct 2024

Till now, he was being guarded by a small team of the central paramilitary force SSB.

How King Chahal performed his second IPL 'trick'...

How King Chahal performed his second IPL 'trick'...

Rediff.com1 May 2025

Punjab Kings hat-trick hero Yuzvendra Chahal revealed that he relied on his instincts and tweaked his line after observing that the pacers' slower balls were gripping the surface during their IPL clash against Chennai Super Kings, in Chennai on Wednesday.

How To Turn Rs 1 Lakh Into Rs 1 Crore

How To Turn Rs 1 Lakh Into Rs 1 Crore

Rediff.com9 Jan 2025

Seems daunting? With right financial planning, patience, and commitment, this goal is entirely achievable, says Ramalingam Kalirajan. Here's how

Why last 3 years were the 'hardest' for Steve Smith

Why last 3 years were the 'hardest' for Steve Smith

Rediff.com15 Dec 2024

Australia's senior batter Steve Smith said the last three years have been the most challenging because of Kookaburra changing their ball in 2020.

What Really Went Wrong for Delhi Capitals?

What Really Went Wrong for Delhi Capitals?

Rediff.com22 May 2025

DC's downfall was marked by unstable opening partnerships, inconsistent middle-order performances, and poor execution in pressure moments-both with bat and ball.

How To Turn 1 Cr Into 100 Cr

How To Turn 1 Cr Into 100 Cr

Rediff.com19 Nov 2024

Let's explore three different ways to reach the Rs 100-crore mark, each taking advantage of the power of compounding, consistent investing, and some smart planning

GST collection grows 10% to over Rs 1.96 lakh cr in March, second-highest ever

GST collection grows 10% to over Rs 1.96 lakh cr in March, second-highest ever

Rediff.com1 Apr 2025

Gross GST collection in March grew 9.9 per cent to over Rs 1.96 lakh crore, government data showed on Tuesday.

Govt dividends from CPSEs set to log record Rs 70,000 crore in FY25

Govt dividends from CPSEs set to log record Rs 70,000 crore in FY25

Rediff.com1 Apr 2025

Dividends paid by central public-sector enterprises (CPSEs) in 2024-25 are set to be the highest ever, with the government receiving 69,873 crore so far. A government official said he was hopeful the receipts would touch 70,000 crore in the last week of the financial year.

Infosys Q4 profit falls 12% to Rs 7,033 cr; revenue rises to Rs 40,925 cr

Infosys Q4 profit falls 12% to Rs 7,033 cr; revenue rises to Rs 40,925 cr

Rediff.com17 Apr 2025

India's second-largest IT company Infosys on Thursday reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter. It had posted a profit (attributable to owners of the company) of Rs 7,969 crore in the year-ago period.

Why Study Abroad When You Can Study In India?

Why Study Abroad When You Can Study In India?

Rediff.com6 May 2025

'Indian private universities can provide world-class education at one fourth the cost, home comforts, and direct links to Indian and global industries.'

India draws up blueprint to reduce US trade surplus

India draws up blueprint to reduce US trade surplus

Rediff.com28 Apr 2025

India's major imports from the US include crude oil and petroleum products, gold and jewellery, plastics, aircraft, and electrical machinery and components. The key exports to the US comprise pharmaceuticals and biologicals, telecom equipment, precious and semi-precious stones, petroleum products, gold and precious metal jewellery, and ready-made garments.

India, US trade talks to start from April 23 in Washington

India, US trade talks to start from April 23 in Washington

Rediff.com23 Apr 2025

Indian and US officials will begin deliberations on the proposed bilateral trade agreement in Washington from Wednesday with an aim to iron out issues and give an impetus to the negotiations.

Has DreRus Peaked At The Right Time?

Has DreRus Peaked At The Right Time?

Rediff.com5 May 2025

With four fours and six sixes, Russell has finally made his presence felt this IPL season!

Axed CRPF jawan to challenge dismissal over Pak marriage

Axed CRPF jawan to challenge dismissal over Pak marriage

Rediff.com4 May 2025

Hours after being dismissed from service for 'concealing' his marriage with a Pakistani woman, Central Reserve Police Force trooper Munir Ahmed said he solemnised his marriage nearly a month after getting permission from the force's headquarters last year.

Change imminent in point system in next WTC cycle?

Change imminent in point system in next WTC cycle?

Rediff.com12 Apr 2025

The current WTC system awards the same number of points -- 12 for a win, six for a tie and four for a draw -- which has given rise to discontent that India, England and Australia -- the Big Three in cricket -- "are disadvantaged as they play more games against each other".

Govt discontinues Gold Monetisation Scheme; banks may continue

Govt discontinues Gold Monetisation Scheme; banks may continue

Rediff.com25 Mar 2025

The government has decided to discontinue the Gold Monetisation Scheme (GMS) starting from Wednesday in view of the evolving market conditions, the finance ministry said. However, the banks may continue their short term gold deposit schemes (1-3 years), the ministry said in the statement on Tuesday. Till November 2024, approximately 31,164 kilograms of gold have been mobilised under GMS.

How PM Mudra Loans Are Reshaping India's Economy

How PM Mudra Loans Are Reshaping India's Economy

Rediff.com16 Apr 2025

By democratising access to finance, empowering women and marginalised groups, and adapting to India's diverse regional landscapes, PMMY has helped fortify the country's grassroots growth engines, says Chief Economic Advisor to the Government of India, V Anantha Nageswaran.

Diamond League PIX: Easy for Chebet, Duplantis, Warholm

Diamond League PIX: Easy for Chebet, Duplantis, Warholm

Rediff.com27 Apr 2025

Images from the Diamond League athletics meet at Xiamen Egret Stadium, Xiamen, China, on Saturday.

Why Mumbai's Luxe Homes Are Losing Their Shine

Why Mumbai's Luxe Homes Are Losing Their Shine

Rediff.com24 Apr 2025

Mumbai -- home to industry titans and Bollywood stars -- is witnessing a slow offtake of houses priced between Rs 10 crore and Rs 50 crore. Industry insiders and real estate watchers explain why.

'Jiostar's Content Library Is Larger Than Netflix'

'Jiostar's Content Library Is Larger Than Netflix'

Rediff.com21 Apr 2025

'As you're watching the IPL live, there's a conscious effort to showcase the entertainment portfolio.'

Tariff war: RBI more worried about its impact on growth than inflation

Tariff war: RBI more worried about its impact on growth than inflation

Rediff.com9 Apr 2025

Amid the ongoing global tariff war, Reserve Bank Governor Sanjay Malhotra on Wednesday said he is more worried about its impact on growth than inflation. Speaking to the media after presentation of the first bi-monthly monetary policy for the current financial year, Malhotra said, RBI has reduced the growth forecast for 2025-26 by 20 basis points to 6.5 per cent.

Trump's Tariff Tsunami: Will India Sink or Reform?

Trump's Tariff Tsunami: Will India Sink or Reform?

Rediff.com21 Apr 2025

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.

Auto retail sales rose 6% in FY25; dealers optimistic about FY26

Auto retail sales rose 6% in FY25; dealers optimistic about FY26

Rediff.com7 Apr 2025

Automobile retail sales in India rose 6 per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers' body FADA said on Monday. The last financial year saw growth in sales of passenger vehicles, two-wheelers and three-wheelers.

Is This The Right Time To Stay Invested In Small Caps?

Is This The Right Time To Stay Invested In Small Caps?

Rediff.com28 Apr 2025

Why try to time the market when time in the market works better? History shows that patient investors who stay the course often walk away with the real rewards, says Ramalingam Kalirajan.

Angry Samson slams RR bowlers

Angry Samson slams RR bowlers

Rediff.com10 Apr 2025

A delighted Gujarat Titans skipper Shubman Gill credited his team's strong start to the IPL season to a collective effort, with everyone chipping in.

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

Rediff.com3 May 2025

The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.

Sensex goes into a tailspin, tanks 1,390 points

Sensex goes into a tailspin, tanks 1,390 points

Rediff.com1 Apr 2025

From the Sensex pack, HCL Tech, Bajaj Finserv, HDFC Bank, Bajaj Finance, Infosys, Titan, ICICI Bank, Sun Pharma, Reliance Industries, Larsen & Toubro, Tech Mahindra and NTPC were among the biggest laggards. Among gainers, IndusInd Bank jumped over 5 per cent while Zomato ended marginally higher.

Fastest EVER! Shirse Shatters National Record!

Fastest EVER! Shirse Shatters National Record!

Rediff.com1 Feb 2025

Tejas Shirse broke his own national record in men's 60m hurdles while finishing second at the Elite Indoor Track Meeting in Miramas, France.