News for 'Analysis of India'

Beware! Cybercriminals May Target Olympics

Beware! Cybercriminals May Target Olympics

Rediff.com26 Jul 2024

Domains spoofing the legitimate Olympics Web site, while fake mobile apps masquerading as transport, booking, or other planning apps are also certain to be leveraged by fraudsters during the event, cybersecurity firms say, which puts Indian users also at risk.

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

Rediff.com17 May 2024

India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.

Haryana results manipulated, can't accept: Cong

Haryana results manipulated, can't accept: Cong

Rediff.com8 Oct 2024

The Congress on Tuesday said it cannot accept the Haryana assembly polls verdict as there were 'serious issues' about the integrity of the counting process and functioning of the EVMs in some districts, and asserted that it would take up the matter with the Election Commission.

Covaxin shows 78% efficacy in phase-3 interim analysis

Covaxin shows 78% efficacy in phase-3 interim analysis

Rediff.com21 Apr 2021

Safety and Efficacy results from the final analysis will be available in June, and the final report will be submitted to a peer-reviewed publication.

IMF cautions India on govt debt vulnerabilities, Centre disagrees

IMF cautions India on govt debt vulnerabilities, Centre disagrees

Rediff.com27 Dec 2023

The International Monetary Fund (IMF) warned on Tuesday that India's general government debt (comprising both central and state government debt) could exceed 100 per cent of gross domestic product (GDP) in the medium term. It also cautioned that long-term debt sustainability risks are high due to the significant investment required to meet India's climate change mitigation targets. The Indian government, however, disagreed, arguing that risks from sovereign debt are extremely limited as it is predominantly denominated in domestic currency.

Is Health Insurance Tax Relief Coming?

Is Health Insurance Tax Relief Coming?

Rediff.com6 Sep 2024

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely.

Over 93% retail traders lost money in F&O in three years, says Sebi

Over 93% retail traders lost money in F&O in three years, says Sebi

Rediff.com24 Sep 2024

An analysis by the Securities and Exchange Board of India (Sebi) has revealed that retail traders remain at the wrong end of the stick when it comes to equity derivatives trading. About 93 per cent of them incurred an average loss of Rs 2 lakh (per trader) during the last three financial years. The new report highlights an increase in the loss-making individual investors in futures and options (F&O) to 91.1 per cent in FY24 compared to 89 per cent in FY22.

India-listed multinational arms outclass parent firms' valuations

India-listed multinational arms outclass parent firms' valuations

Rediff.com28 Feb 2024

It's not only the Indian markets that command a valuation premium over their global peers; shares of subsidiaries of India-listed multinational companies (MNCs) also trade at rich valuations compared to their parent companies. An analysis of 12-month forward price-to-earnings (P/E) and price-to-book (P/B) multiples of domestically listed MNCs shows that most quotes have a premium ranging from 2.1x to 6x that of their parent. Similarly, P/B, in most cases, is significantly higher in the domestic market.

J-K polls: 68% candidates forfeit security deposits in Jammu's 43 seats

J-K polls: 68% candidates forfeit security deposits in Jammu's 43 seats

Rediff.com9 Oct 2024

Incidentally, 164 of the total 356 candidates in the fray from the 43 assembly seats of Jammu region got less votes than none of the above, which gives an option to voters to reject all candidates in a constituency.

India, EFTA sign $100-billion free trade pact

India, EFTA sign $100-billion free trade pact

Rediff.com10 Mar 2024

Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.

Assam TMC chief Ripun Bora quits party, terms it as a regional outfit

Assam TMC chief Ripun Bora quits party, terms it as a regional outfit

Rediff.com1 Sep 2024

Bora claimed that he had suggested the need for an Assamese leader at the national level of TMC, declaring the residence of Bharat Ratna Dr Bhupen Hazarika at Tollygunge in Kolkata as a heritage site and converting the Madhupur Satra in Cooch Behar to a cultural hub.

BSc Math Or BTech: Which Is Better?

BSc Math Or BTech: Which Is Better?

Rediff.com7 Aug 2024

Dr Dipankar Dutta will answer your questions related to preparing for a career in engineering or technology.

'Electoral Bonds Biggest Scam In India'

'Electoral Bonds Biggest Scam In India'

Rediff.com10 Apr 2024

'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.'

41% 'red alert' constituencies in Phase 1 of LS polls

41% 'red alert' constituencies in Phase 1 of LS polls

Rediff.com8 Apr 2024

Forty-two of the 102 Lok Sabha seats going to polls in the general election's first phase are constituencies that have three or more candidates facing criminal cases, according to a poll rights body.

Gavaskar Turns 75! Wish The Legend

Gavaskar Turns 75! Wish The Legend

Rediff.com10 Jul 2024

As Sunil Gavaskar touched another significant milestone in his life, turning 75 on Wednesday, there was an outpouring of good wishes for him

RBI recognises FACE as fintech SRO

RBI recognises FACE as fintech SRO

Rediff.com29 Aug 2024

The Reserve Bank of India (RBI) has recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation (SRO) in the fintech sector, the central bank announced on Wednesday. The banking regulator received three applications for fintech SRO. Of the remaining two applications, one has been returned by the RBI with a provision for resubmission after meeting specific requirements, while the third application is still under examination, said Governor Shaktikanta Das at the Global Fintech Fest in Mumbai.

'Poorly designed': ICMR on BHU Covaxin safety study

'Poorly designed': ICMR on BHU Covaxin safety study

Rediff.com20 May 2024

The method of data collection has a high risk of bias, the ICMR DG said.

US Targets India's Russian Oil Source

US Targets India's Russian Oil Source

Rediff.com28 Feb 2024

Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.

''Growth Expected To Be 1% Below Last Year'

''Growth Expected To Be 1% Below Last Year'

Rediff.com3 Sep 2024

'A possible post-election growth momentum may be lost.'

Earnings of India's top 500 firms growing faster than US peers'

Earnings of India's top 500 firms growing faster than US peers'

Rediff.com13 Apr 2024

Profits of India's top listed companies have been growing at a faster pace than those of their American peers, but when it comes to revenue growth, the order has reversed recently. The combined net profit of the S&P 500 companies was up 14.1 per cent year-on-year (Y-o-Y) during the trailing 12 months (TTM) ended December 2023, as against 17.4 per cent profit growth logged by the BSE 500 companies in the same period. This is the second consecutive year of faster profit growth for the BSE 500 companies.

Waqf Property Income Falls 99%

Waqf Property Income Falls 99%

Rediff.com29 Aug 2024

In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.

India Inc capital expenditure story gets cement to semiconductor push

India Inc capital expenditure story gets cement to semiconductor push

Rediff.com19 Apr 2024

Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.

Informal entities in manufacturing lost 5.4 million jobs in 7 years

Informal entities in manufacturing lost 5.4 million jobs in 7 years

Rediff.com24 Jun 2024

Unincorporated enterprises in the manufacturing sector lost nearly 1.8 million establishments and shed 5.4 million jobs between July 2015-June 2016 and October 2022-September 2023, an analysis of the fact sheet on 'Annual Survey of Unincorporated Sector Enterprises (ASUSE)' and the comparable 73rd round survey in 2015-16 by the National Statistical Office (NSO) showed. An estimated 17.82 million unincorporated enterprises operated in the manufacturing sector in October 2022-September 2023, nearly 9.3 per cent down from 19.7 million unincorporated enterprises in July 2015- June 2016.

India Inc's top line struggled but profit rose 25% in FY24

India Inc's top line struggled but profit rose 25% in FY24

Rediff.com17 Jun 2024

The post-Covid pandemic boom in corporate revenues appeared to have faded away in 2023-24. Yet, companies have reported a sharp recovery in their profits in FY24, driven by high margins. Their combined net sales, including gross interest income for lenders, rose by a modest 4.8 per cent year-on-year (Y-o-Y) in FY24.

BJP Lost 72 Seats Across 7 States

BJP Lost 72 Seats Across 7 States

Rediff.com5 Jun 2024

This negated the gain of more than a dozen seats in Odisha, Madhya Pradesh and Kerala.

Why Promoters Are Cutting Stake In Companies

Why Promoters Are Cutting Stake In Companies

Rediff.com26 Jun 2024

'This trend will continue as long as the bull run continues.'

At $84 bn, India ranks fourth in 2023 military spend: SIPRI report

At $84 bn, India ranks fourth in 2023 military spend: SIPRI report

Rediff.com23 Apr 2024

The increase in India's military spending was "mainly a result of growing personnel and operations costs" which made up almost 80 percent of the total military budget in 2023, the SIPRI report claimed.

Bihar cops obtain reference NEET papers, ED likely to join probe

Bihar cops obtain reference NEET papers, ED likely to join probe

Rediff.com22 Jun 2024

The Bihar Police's Economic Offences Unit, which is probing the alleged National Eligibility-cum-Entrance Test (Undergraduate) (NEET-UG) paper leak case, on Saturday claimed to have obtained reference question papers of the test conducted by National Testing Agency (NTA) and planned to compare these with documents recovered from a flat in Patna during a search operation last month.

Why Did IC-814 Series Mute ISI Role?

Why Did IC-814 Series Mute ISI Role?

Rediff.com21 Oct 2024

Captain Sharan and Flight Engineer Anil Jaggia both confirm that the hijackers seemed to know a lot about flying an aircraft. Without help from the ISI or the Pakistan army, it was impossible, points out Utkarsh Mishra.

Tirupati laddu row: Food safety regulator notice to ghee supplier

Tirupati laddu row: Food safety regulator notice to ghee supplier

Rediff.com23 Sep 2024

The controversy has sparked reactions across states. The famous Mankameshwar temple in Uttar Pradesh has now banned offerings of 'prasad' bought by devotees from outside and said they can offer homemade 'prasad' or fruits.

TTD confirms animal fat in laddus, Jagan breaks silence

TTD confirms animal fat in laddus, Jagan breaks silence

Rediff.com20 Sep 2024

The Tirupati Laddu row intensified on Friday with the Tirumala Tirupati Devasthanams (TTD), which is managing the super-rich temple, backing Chief Minister N Chandra Babu Naidu's claim that the famous 'prasadam' had animal fat and Yuvajana Sramika Rythu Congress Party president Y S Jagan Mohan Reddy dubbing the accusations as 'atrocious'.

Markets Calm, MF Launches Accelerate

Markets Calm, MF Launches Accelerate

Rediff.com15 Jun 2024

'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'

Bharat Shakti a message to adversaries about India's combat potential

Bharat Shakti a message to adversaries about India's combat potential

Rediff.com14 Mar 2024

The synergised demonstration of indigenous defence capabilities during 'Bharat Shakti' is a "testimony to its commitment towards modernisation through indigenisation," the sources said.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

44% MLAs across India have criminal cases: Report

44% MLAs across India have criminal cases: Report

Rediff.com15 Jul 2023

In Kerala, 95 out of 135 MLAs, accounting for 70 per cent, have declared criminal cases against themselves.

RBI seen warming up for a neutral shift in stance

RBI seen warming up for a neutral shift in stance

Rediff.com9 Sep 2024

With concern on food inflation ebbing with the monsoon progressing well, the Reserve Bank of India (RBI) is warming up to the idea of a change in stance to "neutral" from "withdrawal of accommodation", according to economists. In his speech on Thursday during the annual event of the Federation of Indian Chambers of Commerce and Industry-Indian Banks' Association, RBI Governor Shaktikanta Das said: "The balance between inflation and growth is well-poised."

Nitish should 'strike': Cong on Bihar special category status demand

Nitish should 'strike': Cong on Bihar special category status demand

Rediff.com15 Jul 2024

The opposition party's remarks come after Bihar ministers claimed that the latest report of NITI Aayog's Sustainable Development Goals (SDG) India Index 2023-24 vindicated the state's long-standing demand for greater central financial assistance.

The petrochemical shift that could quench LPG output thirst

The petrochemical shift that could quench LPG output thirst

Rediff.com14 Aug 2024

India may have to lean more on West Asian nations for supplies of liquefied petroleum gas (LPG), a cooking fuel, in the coming years after Indian state-run refiners drew up big plans to diversify into producing more profitable petrochemicals. This shift leads to reduced LPG output, Indian refining executives said. The mantra for state-run oil companies, from Indian Oil Corporation (IndianOil) to liquefied natural gas (LNG) importer Petronet LNG, which are looking to diversify their businesses from lower-margin fuels, has been value-added petrochemicals.

Sizzling Holi ahead? Temp may surge to 40 degrees C in 9 states, here is why

Sizzling Holi ahead? Temp may surge to 40 degrees C in 9 states, here is why

Rediff.com22 Mar 2024

The independent group of scientists and communicators previously said that winters are quickly transitioning into summer-like conditions in north India, shortening the spring season.

Will NOTA See A Further Decline In 2024?

Will NOTA See A Further Decline In 2024?

Rediff.com24 Apr 2024

The portion of 'none of the above' option or NOTA dropped from 1.08% in 2014 to 1.06% in 2019.