News for 'Amit Dave'

Knew my strengths, believed in myself: Shreyas Iyer

Knew my strengths, believed in myself: Shreyas Iyer

Rediff.com18 Mar 2025

Shreyas Iyer has overcome perceptions about his batting abilities and a difficult period in his career to establish himself as a key player in India's ODI team.

Surya Kirans Ready For World Cup Final

Surya Kirans Ready For World Cup Final

Rediff.com17 Nov 2023

The Indian Air Force's Surya Kiran aerobatic team rehearses for an air show ahead of the World Cup 2023 final between India and Australia at the Narendra Modi stadium.

Sensex soars 1,359 pts to settle above historic 84,000 mark

Sensex soars 1,359 pts to settle above historic 84,000 mark

Rediff.com20 Sep 2024

From the 30 Sensex firms, Mahindra & Mahindra, JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel and Adani Ports were the biggest gainers. Tata Consultancy Services emerged as the only laggard.

ED probes agents' network facilitating Indians' illegal US entry via Canada

ED probes agents' network facilitating Indians' illegal US entry via Canada

Rediff.com7 Feb 2025

The Enforcement Directorate (ED) is investigating a complex network of agents and facilitators in India, Canada, and the US who assist Indians in illegally entering the US through fraudulent admissions to Canadian colleges. Over 8,500 financial transactions are under scrutiny by the ED in a case related to money laundering, stemming from a 2023 Gujarat Police crime branch FIR. The investigation includes international financial companies involved in remittances abroad, with the ED conducting 35 searches in the past year and seizing assets worth Rs 92 lakh. The issue has gained significant attention following the deportation of 104 Indians from the US on Wednesday. The investigation is linked to the tragic death of an Indian family in January 2022, who perished while attempting to cross the Canada-US border illegally. The ED has identified a network of agents and facilitators who manage and facilitate the stay, transportation, visa arrangements, and legal matters of illegal immigrants who gained admission to Canadian colleges through fraudulent means. The investigation has revealed that the fees paid to Canadian colleges were remitted back to individuals' accounts, with around 8,500 transactions identified between September 2021 and August 2024. The ED suspects that approximately 370 individuals have entered the US using this illegal immigration scheme. The agency has recorded statements from parents and guardians of students enrolled in Canadian colleges and continues its investigation.

India's GDP expected to grow at 6.5% in Q2 FY25

India's GDP expected to grow at 6.5% in Q2 FY25

Rediff.com6 Nov 2024

Economists at the country's largest lender SBI on Wednesday said they see Q2 real GDP growth slowing down further to 6.5 per cent in the September quarter of this fiscal year. Amid concerns over the country's economic growth rate and if it is slowing down, the analysts said they expect FY25 growth to come "closer to" 7 per cent. It can be noted that the April-June period saw the real GDP expanding by 6.7 per cent, the lowest in 15 quarters.

Ship Of The Desert Marooned In The Rain

Ship Of The Desert Marooned In The Rain

Rediff.com27 Jun 2023

Yeh Hai India: Capturing Events And Moods Across Our Incredible Country.

India likely to rest big guns for New Zealand clash

India likely to rest big guns for New Zealand clash

Rediff.com1 Mar 2025

A seemingly invincible India will be eager to sharpen their game against spin and give a run to second-line players ahead of the semi-final when they take on New Zealand in their last group match of the Champions Trophy in Dubai on Sunday.

Heavy buying in banking and FMCG shares; Sensex gains 545 points

Heavy buying in banking and FMCG shares; Sensex gains 545 points

Rediff.com3 Jul 2024

Among the Sensex pack, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, IndusInd Bank, Bharti Airtel and Nestle were the biggest gainers. Tata Consultancy Services, Sun Pharma, Infosys and Tata Motors were among the laggards.

SpiceJet's Ajay Singh may sell over 10% stake

SpiceJet's Ajay Singh may sell over 10% stake

Rediff.com8 Sep 2024

SpiceJet promoter and chairman Ajay Singh may offload more than 10 per cent stake in the struggling carrier as part of the latest funding round that is expected to close by the end of September, according to sources. The budget carrier -- which is grappling with multiple woes, including financial challenges, legal battles and grounding of aircraft -- is looking to raise money that will help it meet various obligations.

Danish Siddiqui's Kids Accept Their Dad's Pulitzer

Danish Siddiqui's Kids Accept Their Dad's Pulitzer

Rediff.com21 Oct 2022

Reuters's Indian Photojournalists Adnan Abidi, Amit Dave, Danish Siddiqui and Sanna Irshad Mattoo were awarded the Pulitzer Prize for Feature Photography at Columbia University in Manhattan, October 20, 2022.

UAE to address India concerns on imports

UAE to address India concerns on imports

Rediff.com16 Oct 2024

The United Arab Emirates (UAE) has agreed to look into India's concerns over compliance to rules related to the import of silver products, platinum alloy and dry dates, the commerce department said on Tuesday. During a joint committee meeting under the India-UAE trade deal, officials from New Delhi raised concerns over the recent surge in imports of these products. These were being shipped to India, taking advantage of the lower tariffs under the pact.

How Women In Surat Are Welcoming Modi

How Women In Surat Are Welcoming Modi

Rediff.com27 Sep 2022

Women in Surat have come out with a unique way to welcome Prime Minister Narendra Damodardas Modi on his visit to the city for Navratri.

Williamson to miss Netherlands match; Southee, Ferguson set to return

Williamson to miss Netherlands match; Southee, Ferguson set to return

Rediff.com8 Oct 2023

New Zealand pace duo of Tim Southee and Lockie Ferguson are set to return for Monday's World Cup match against the Netherlands but regular skipper Kane Williamson will continue to sit out, head coach Gary Stead said on Sunday.

Images To Remember 2024

Images To Remember 2024

Rediff.com7 Dec 2024

Some more glimpses from the year gone by.

After festival inventory buildup, two-wheeler dispatches fall in November

After festival inventory buildup, two-wheeler dispatches fall in November

Rediff.com3 Dec 2024

Major two-wheeler (2W) manufacturers in India witnessed a single-digit decline in domestic sales in November after dispatches had picked up in October for the festive season when wholesales went up by 14 per cent and retail also grew by 36 per cent.

India's manufacturing sector growth falls to 11-month low of 56.5 in Nov

India's manufacturing sector growth falls to 11-month low of 56.5 in Nov

Rediff.com2 Dec 2024

India's manufacturing sector growth fell to a joint 11-month low of 56.5 in November, restricted by competitive conditions and inflationary pressures amid a softer increase in factory orders, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in October to 56.5 in November, signalling a softer improvement in the health of the sector. However, the pace of growth remained above its long-run average.

Agri GVA stands out on strong monsoon

Agri GVA stands out on strong monsoon

Rediff.com2 Dec 2024

Amid low growth elsewhere, gross value added (GVA) growth in agriculture and allied activities recovered during the second quarter of the current financial year (Q2FY25) to 3.5 per cent year-on-year (Y-o-Y) due to strong monsoon. Experts feel that the rains have laid the foundation of an even better GVA performance in subsequent quarters. GVA growth in the first quarter of FY25 was 2.0 per cent.

2nd time in 20 yrs, manufacturing jobs outpace sector growth

2nd time in 20 yrs, manufacturing jobs outpace sector growth

Rediff.com24 Oct 2024

In a relatively rare occurrence, the growth in manufacturing jobs exceeded the pace of sector growth in 2022-23 (FY23). The number of persons engaged in the segment grew by 7.43 per cent in FY23, according to figures from the Annual Survey of Industries (ASI) released on September 30. The gross value added for the manufacturing sector grew by 4.24 per cent in current prices and declined by 2.2 per cent in real terms for FY23, according to earlier annual figures released by the government.

As food items become costlier, May inflation rises to 2.61%

As food items become costlier, May inflation rises to 2.61%

Rediff.com14 Jun 2024

The wholesale inflation rose for the third consecutive month in May at 2.61 per cent on account of rise in prices of food articles, especially vegetables, and manufactured items. The wholesale price index (WPI) based inflation was 1.26 per cent in the previous month. It was (-) 3.61 per cent in May 2023. "Positive rate of inflation in May, 2024 is primarily due to increase in prices of food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, other manufacturing etc," the ministry of commerce & industry said in a statement on Friday.

WEF lists highest and lowest growing jobs

WEF lists highest and lowest growing jobs

Rediff.com8 Jan 2025

Farm workers and drivers will figure among the fastest growing jobs over the next five years, while roles of cashiers and ticket clerks will see the largest decline, a new study showed on Wednesday. In its Future of Jobs Report 2025, the World Economic Forum (WEF) also said that 170 million new jobs will be created by 2030, while 92 million are projected to be displaced, resulting in 78 million net new jobs.

Dubai-based siblings to transfer jiohotstar.com domain to Reliance 'free of cost'

Dubai-based siblings to transfer jiohotstar.com domain to Reliance 'free of cost'

Rediff.com17 Nov 2024

Dubai-based siblings Jainam and Jivika, the owners of jiohotstar.com domain, have decided to transfer it to Reliance "free of cost", resting speculations on social media platforms. The story of the internet domain name, which grabbed a lot of attention on social media platforms in the recent past, ended with "seva and kindness", according to the duo.

India's industrial growth slowed to 4.8% in July

India's industrial growth slowed to 4.8% in July

Rediff.com12 Sep 2024

India's industrial production output decelerated to 4.8 per cent year-on-year in July 2024, mainly due to poor performance of the manufacturing and mining sectors, as per official data released on Thursday. The factory output growth, measured in terms of the Index of Industrial Production (IIP), was revised to 4.7 per cent in June from provisional estimates of 4.2 per cent released last month. The IIP for July 2024 was 4.8 per cent, as per the data.

Infra sectors' growth in negative zone after three-and-half years

Infra sectors' growth in negative zone after three-and-half years

Rediff.com30 Sep 2024

The growth in production of eight key infrastructure sectors entered a negative zone after three-and-a-half years, contracting 1.8 per cent in August 2024 due to decline in output of coal, crude oil, natural gas, refinery products, cement and electricity, according to official data released on Monday. The growth rate was 6.1 per cent in July. The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 13.4 per cent in August 2023.

Brook's Average Second Only To The Don

Brook's Average Second Only To The Don

Rediff.com23 Jul 2024

Brook's average of 62.54 is the second highest in Test history among players with a minimum of 20 Test innings. His average is only second to the incpmparable Australian batter Sir Don Bradman, who scored 6,996 runs in 52 Tests at an average of 99.94, with 29 centuries and 13 fifties.

Why govt is demanding $2.81 bn from RIL, BP

Why govt is demanding $2.81 bn from RIL, BP

Rediff.com4 Mar 2025

The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that may have migrated from neighbouring block of state-owned ONGC. This follows the Delhi high court's decision on February 14, overturning an international arbitration tribunal ruling that held the duo not responsible for paying any compensation for the gas they produced and sold which had allegedly migrated from adjoining fields.

Adani denies entering into pact to operate Kenya airport

Adani denies entering into pact to operate Kenya airport

Rediff.com23 Nov 2024

Billionaire Gautam Adani's group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after US indictment on bribery charges, saying it had not entered into any binding agreement to operate Kenya's main airport. On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any disclosure on its cancellation.

Govt sells onion at Rs 35/kg in Delhi-NCR, Mumbai

Govt sells onion at Rs 35/kg in Delhi-NCR, Mumbai

Rediff.com5 Sep 2024

The Centre on Thursday began the first phase of retail sales of onion at a subsidised rate of Rs 35 per kg to provide relief to Delhi-NCR and Mumbai consumers from rising prices of the kitchen staple. NCCF and NAFED, which are maintaining a buffer stock of 4.7 lakh tonne onion on behalf of the government, will undertake the retail sale through their own stores and mobile vans. Onion will be sold at 38 retail points in Delhi-NCR and Parel and Malad in Mumbai.

90-hour workweek: What ITC chairman Sanjiv Puri says

90-hour workweek: What ITC chairman Sanjiv Puri says

Rediff.com14 Jan 2025

Weighing in on the 90-hour workweek controversy, ITC Ltd chairman Sanjiv Puri said that it is more important for the workers to be aligned to the grander vision of the company rather than the number of hours put in. Giving an analogy of many workers building a castle, he said, "If you ask a mason what he is doing, he might say he is laying a brick, another might say he is building a wall but some might say he is building a castle.

Adani opts out of US funding for Colombo Port project

Adani opts out of US funding for Colombo Port project

Rediff.com11 Dec 2024

Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project. In an exchange filing late on Tuesday, Adani Ports and Special Economic Zone Ltd (APSEZ) said the project "is on track for commissioning by early next year". "The project will be financed through the company's internal accruals and capital management plan," the firm said.

From Feb 29 you can't top up Paytm wallet, FASTag etc

From Feb 29 you can't top up Paytm wallet, FASTag etc

Rediff.com31 Jan 2024

The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024.

Ahead of LS polls, taming food prices govt's priority

Ahead of LS polls, taming food prices govt's priority

Rediff.com5 Apr 2024

Ahead of the seven-phase Lok Sabha elections, keeping food prices under check has emerged as one of the topmost priorities for the government. Food prices would likely have a bearing on the preferences of voters. In the past, there have been instances when governments have been voted out over rising food inflation.

Key infra sector growth rises to 8% in July

Key infra sector growth rises to 8% in July

Rediff.com31 Aug 2023

Growth of eight key infrastructure sectors rose to 8 per cent in July 2023 compared to 4.8 per cent in the same month last year on expansion in production of coal, crude oil, and natural gas, according to the official data released on Thursday. Production of steel, cement and electricity also grew in July, the data showed.

'Kuldeep had a feeling he will be my 700th Test scalp!'

'Kuldeep had a feeling he will be my 700th Test scalp!'

Rediff.com13 Mar 2024

Veteran England pacer James Anderson has revealed that Kuldeep Yadav had a hunch about being his 700th Test wicket when the two came face to face during the fifth and final Test against India in Dharamsala.

Kohli and Jaiswal should open in T20 World Cup: Wasim Jaffer

Kohli and Jaiswal should open in T20 World Cup: Wasim Jaffer

Rediff.com29 May 2024

Former India cricketer Wasim Jaffer said that Virat Kohli and Yashasvi Jaiswal should open in the upcoming T20 World Cup 2024 for the Men in Blue side.

Key infra sectors growth rises 6.3% in May

Key infra sectors growth rises 6.3% in May

Rediff.com28 Jun 2024

The eight key infrastructure sectors' growth rose by 6.3 per cent in May on healthy expansion in the production of coal, natural gas, and electricity, though the growth rate is lower than in April, according to official data released on Friday. The production of the eight sectors grew 6.7 per cent in April. The growth of these core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 5.2 per cent in May 2023.

Jan sees double-digit growth in PV sales

Jan sees double-digit growth in PV sales

Rediff.com14 Feb 2024

Domestic passenger vehicle wholesales rose 14 per cent year-on-year to 393,074 units last month, the best-ever figure for January, amid robust demand for utility vehicles, industry body SIAM said on Wednesday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicle from manufacturers to dealers stood at 346,080 units in January 2023.

Sensex breaches 78K for 1st time, Nifty @ record high

Sensex breaches 78K for 1st time, Nifty @ record high

Rediff.com25 Jun 2024

Among the 30 Sensex companies, Axis Bank, ICICI Bank, HDFC Bank, Tech Mahindra, Larsen & Toubro, Bajaj Finserv, State Bank of India, Reliance Industries and Infosys were the biggest gainers. Power Grid, Asian Paints, Tata Steel, Nestle, Maruti and JSW Steel were among the laggards.

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.

Tomato prices soar to Rs 100 per kg in Delhi as rains hit supplies

Tomato prices soar to Rs 100 per kg in Delhi as rains hit supplies

Rediff.com20 Jul 2024

Tomato prices soared to Rs 100 per kg in retail markets of the national capital on Saturday as adverse weather conditions in various parts of the country continue to affect supplies of the essential kitchen staple. Tomatoes are available at Rs 100 per kg at Mother Dairy's retail outlets, Safal, in the national capital.

India's agriculture growth dips in Q1 as heatwave stings crop output

India's agriculture growth dips in Q1 as heatwave stings crop output

Rediff.com2 Sep 2024

Gross Value Added (GVA) growth in agriculture and allied activities in the first quarter of the 2024-25 financial year (Q1FY25) dipped to 2.7 per cent at constant prices from 4.2 per cent in Q1FY24 due to a drop in output of some crops following heatwave in the main growing months. Low post-monsoon rains, which dried most of the reservoirs in several states across the country, also impacted the production of many crops. At current prices, the growth was estimated at 8.5 per cent as against 4.1 per cent in Q1FY24 due to a spike in food inflation during the April to June months of FY25.