News for 'Asia Capital'

Don't equate victim, perpetrator of terror attacks: Misri in Tokyo

Don't equate victim, perpetrator of terror attacks: Misri in Tokyo

Rediff.com22 May 2025

India's Foreign Secretary Vikram Misri has underscored the importance of not equating the victims and perpetrators of terror attacks, highlighting the need for global unity in combating terrorism. Speaking at Raisina Tokyo 2025, Misri expressed appreciation for Japan's support following the recent terror attack in Pahalgam, India. He also cautioned against the trend of some Western countries hyphenating India and Pakistan in the context of their recent military confrontation. Misri further outlined India's economic aspirations and its commitment to becoming a factor of stability in a turbulent world.

4 dead, 500 injured in 'massive explosion' at Iranian port city

4 dead, 500 injured in 'massive explosion' at Iranian port city

Rediff.com26 Apr 2025

At least four people were killed and 516 others were injured on Saturday in a massive explosion and fire at the Iranian port city of Bandar Abbas, more than 1,000km south of capital Tehran, according to officials and state media, Al Jazeera reported.

Pandemic... And Now War! What It Takes To Halt The IPL

Pandemic... And Now War! What It Takes To Halt The IPL

Rediff.com9 May 2025

With 12 league fixtures and four playoff matches remaining, the BCCI is expected to wait for de-escalation before evaluating any resumption window.

No change in Asia Cup schedule; matches to stay in Colombo

No change in Asia Cup schedule; matches to stay in Colombo

Rediff.com5 Sep 2023

The broadcaster too has explained the difficulties to relocate their equipment and staff to Hambantota, a deep Southern district, at such a short notice.

India to drive Asia Pacific growth as China's fortunes wane, says S&P

India to drive Asia Pacific growth as China's fortunes wane, says S&P

Rediff.com6 Dec 2023

India will drive growth in the Asia-Pacific (Apac) region as the growth engine is likely to shift from China to South and Southeast Asia in the coming years, S&P Global Ratings said in a report on Tuesday. The rating agency's report projected China's growth to slow down to 4.6 per cent by 2026 from an estimated 5.4 per cent in 2023. India is likely to clock 7 per cent economic growth from 6.4 per cent estimated for 2023.

Asia Cup: Rain pushes Ind vs Pak match to reserve day

Asia Cup: Rain pushes Ind vs Pak match to reserve day

Rediff.com10 Sep 2023

Before the two spells of rain interrupted play, Virat Kohli and K L Rahul were batting on 8 and 17 respectively after openers Rohit Sharma (56) and Shubman Gill (58) struck fine half-centuries.

Israel launches airstrikes on Iran, targets nuclear facilities

Israel launches airstrikes on Iran, targets nuclear facilities

Rediff.com13 Jun 2025

In a dramatic escalation of tensions, Israel launched airstrikes early Friday targeting key nuclear facilities in and around Iran's capital Tehran.

After Covid, management buyouts have seen an uptick

After Covid, management buyouts have seen an uptick

Rediff.com27 May 2025

There have been more instances of a management team buying out the owners of a company after the pandemic. There are eight such transactions, called management buyouts (MBOs), in the five years ending 2024, according to data from tracker LSEG shared with Business Standard.

Profit of capital goods cos may stay the course in Q2

Profit of capital goods cos may stay the course in Q2

Rediff.com18 Oct 2023

Capital goods companies in their Q2FY24 results are expected to report another steady quarter of earnings growth as order inflows and execution remain healthy, according to analysts. An upward revision in order inflow targets and a margin improvement due to lower raw material costs are also anticipated. "We expect the execution of all capital goods companies and most EPC (engineering, procurement, and construction) companies to remain healthy Y-o-Y (year-on-year), led by strong order book accretion in the past 5-6 quarters," wrote analysts at Kotak Securities in a note, estimating revenue growth of 32 per cent for India's largest company in the capital goods space -- Larsen & Toubro.

'Iranians Love India'

'Iranians Love India'

Rediff.com25 Jun 2025

'Iranians admire Indian cinema and often mention Amitabh Bachchan and Shah Rukh Khan when you meet them.'

Israel-Iran: What Are Trump's Options?

Israel-Iran: What Are Trump's Options?

Rediff.com19 Jun 2025

Trump has a major decision to take in coming days -- specifically, how to rescue Israel from the attritional war that lies ahead, points out Ambassador M K Bhadrakumar.

India's share of venture capital funding lowest in 5 years

India's share of venture capital funding lowest in 5 years

Rediff.com16 Jan 2024

India's share of total global venture capital (VC) funding fell to 2.9 per cent in calendar year 2023 (CY23) - the lowest since CY19 - reaching $7.3 billion as most startups struggled to raise money without compromising on their earlier valuations. Based on global data by CB Insights on VC funding, funding to Indian startups fell by nearly a third compared to CY22 when it hit $20.6 billion and accounted for 4.8 per cent of the global figure. While the data shows that the world had 71 new unicorns (21 in Asia), India contributed only two of them, as compared with CY22 when it had 22.

Stranded in Tehran, Bengal man plan to cross over Afghanistan or Pak

Stranded in Tehran, Bengal man plan to cross over Afghanistan or Pak

Rediff.com17 Jun 2025

'I hear that there are some 10,000 Indians stuck in Iran, including nearly 4,000 students from Kashmir. But, I do not know any of them. Here I am all by myself and the embassy has asked me not to venture out far from my hotel. People here are going about their daily lives despite the bombings'

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Rediff.com6 Mar 2025

A lower risk appetite among investors has driven gold, traditionally a safe-haven asset, to record highs so far this year. Fuelled by geopolitical tensions in West Asia, robust demand from central banks - particularly in Asia - and US President Donald Trump's tariff volleys, spot gold touched an all-time high of $2,956 per ounce on February 24 in the international markets.

Brokerages divided on L&T's new order prospects, exposure to West Asia

Brokerages divided on L&T's new order prospects, exposure to West Asia

Rediff.com8 Feb 2024

Brokerage firms on Wednesday appeared divided in their calls on Larsen & Toubro (L&T) after the company's 2023-24 (FY24) October-December quarter (third quarter, or Q3) performance and guidance for the quarters ahead. While few stayed optimistic about the stock over future order inflow prospects, others saw increasing exposure to West Asia and fixed price contracts as a concern. In Wednesday's trade, L&T's share price closed at Rs 3,480 per piece, 4.22 per cent down from its previous day's close.

Moody's cuts India's GDP growth forecast to 6.3% in 2025 on US trade uncertainty

Moody's cuts India's GDP growth forecast to 6.3% in 2025 on US trade uncertainty

Rediff.com6 May 2025

Moody's Ratings on Tuesday cut India's GDP growth projections for 2025 to 6.3 per cent, from 6.5 per cent, saying economies globally will see a slowdown on account of heightened US policy uncertainty and trade restrictions.

'India-Pakistan Conflict Would Be A Limited One'

'India-Pakistan Conflict Would Be A Limited One'

Rediff.com5 May 2025

'...without massive amounts of force.'

Ex India all-rounder Sriram joins CSK coaching staff

Ex India all-rounder Sriram joins CSK coaching staff

Rediff.com24 Feb 2025

In IPL, he has previously worked with Delhi Daredevils (now Delhi Capitals) and Lucknow Super Giants.

Jay Shah on why Asia Cup was not played in the UAE...

Jay Shah on why Asia Cup was not played in the UAE...

Rediff.com5 Sep 2023

ACC president Jay Shah attributed the body's decision to host Asia Cup matches in Sri Lanka on teams' reluctance to play ODIs in the UAE heat.

India, Indonesia to replace China as Asia's key growth driver: Morgan Stanley, Nomura

India, Indonesia to replace China as Asia's key growth driver: Morgan Stanley, Nomura

Rediff.com6 Jun 2023

India, along with Southeast Asian countries such as Indonesia, is expected to sustain growth in the medium-term in Asia region, replacing China as the key growth driver, Morgan Stanley and Nomura said in two separate reports released on Monday. While Morgan Stanley projected a 6.2 per cent gross domestic product (GDP) growth forecast for India in FY24, Nomura estimated the Indian economy to grow at 5.9 per cent in 2023. "Even with a slowing China, we expect GDP growth in Asia to sustainably outperform other emerging markets and the US. India and Southeast Asia are set to be the fastest-growing economies this decade.

Adani is the world's biggest wealth gainer: Hurun list

Adani is the world's biggest wealth gainer: Hurun list

Rediff.com27 Mar 2025

The cumulative wealth of 284 Indian billionaires is a third of the country's GDP, a report said on Thursday.

Lack of valuation comfort may enhance gains in capital goods sector

Lack of valuation comfort may enhance gains in capital goods sector

Rediff.com12 Dec 2023

Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.

HEX20 Elevates India With Nila Launch

HEX20 Elevates India With Nila Launch

Rediff.com7 Apr 2025

'The launch of Nila, our very first satellite was very emotional as well as nerve wracking. We tried to calm ourselves by cracking some poor jokes!'

Trump-Putin Bonhomie: Checkmate Xi?

Trump-Putin Bonhomie: Checkmate Xi?

Rediff.com1 Mar 2025

The US move to align with Russia is prompted by fear of a Sino-Russian joint threat. Russia, fully aware of its military vulnerability vis a vis China may cautiously welcome the American move, assesses Colonel Anil A Athale (retd).

Why India Is Angry with Turkiye

Why India Is Angry with Turkiye

Rediff.com28 May 2025

India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.

Will Ashwin, Tilak find their way into 17-member Asia Cup squad?

Will Ashwin, Tilak find their way into 17-member Asia Cup squad?

Rediff.com19 Aug 2023

With key players -- KL Rahul (thigh) and Shreyas Iyer (lower back) yet to prove their fitness, the BCCI top brass and selectors could opt for safer options that gives them an opportunity to check all available players in the five (six if they reach final) Asia Cup games in Sri Lanka.

Gold at fresh record high of Rs 91,950/10 gm

Gold at fresh record high of Rs 91,950/10 gm

Rediff.com19 Mar 2025

Gold prices advanced Rs 700 to reach a new lifetime high of Rs 91,950 per 10 grams in the national capital on Wednesday on the back of continued buying by jewellers ahead of wedding season, according to the All India Sarafa Association. Besides, increased tensions in the Middle East and concerns about the US economic slowdown have kept the demand for safe-haven assets intact.

'India Is In A State Of 'Not War, Not Peace'

'India Is In A State Of 'Not War, Not Peace'

Rediff.com11 Mar 2025

'And this will persist given the two-and-a-half-front threat we face.'

Indian equity market 3rd biggest in emerging Asia

Indian equity market 3rd biggest in emerging Asia

Rediff.com22 Apr 2009

The Indian equity market has emerged as third biggest after China and Hong Kong in the emerging Asian region, with a market capitalisation of nearly $600 billion, a latest ADB report says.

Modi dials Trump, says 'delighted to speak to dear friend'

Modi dials Trump, says 'delighted to speak to dear friend'

Rediff.com28 Jan 2025

Prime Minister Narendra Modi and United States President Donald Trump on Monday vowed to work towards a 'trusted' partnership with a focus on boosting India-US cooperation in areas of trade, energy and defence in their first phone conversation since the American leader's inauguration last week.

Champions Trophy: 'Bumrah's absence has given Bangladesh hope'

Champions Trophy: 'Bumrah's absence has given Bangladesh hope'

Rediff.com17 Feb 2025

Former Bangladesh opener Imrul Kayes reckons the absence of Jasprit Bumrah will provide his team an opportunity to put India's pace attack under pressure.

'Budget Gives Middle Class Some Breathing Room'

'Budget Gives Middle Class Some Breathing Room'

Rediff.com3 Feb 2025

'But this Budget alone will not fix what ails the Indian economy.'

Air India proposes to acquire AirAsia India

Air India proposes to acquire AirAsia India

Rediff.com27 Apr 2022

Tatas-owned Air India plans to acquire no-frills carrier AirAsia India and has sought approval from the Competition Commission for the proposed deal. AirAsia India is majority-owned by Tata Sons Private Ltd with a shareholding of 83.67 per cent and the remaining stake is with AirAsia Investment Ltd (AAIL), which is part of Malaysia's AirAsia Group. Full service carrier Air India and its low-cost subsidiary Air India Express were acquired by Talace Private Limited, a wholly-owned subsidiary of Tata Sons Private Ltd, last year. Besides, Tatas operate full service airline Vistara in a joint venture with Singapore Airlines.

M&A deals rise 13.5% in '24 so far

M&A deals rise 13.5% in '24 so far

Rediff.com16 Dec 2024

the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.

Rashmika's Given Her Heart To...

Rashmika's Given Her Heart To...

Rediff.com27 Nov 2024

Rashmika Mandanna's style is peppy, snazzy and so worth emulating.

Junior Asia Cup 2023: India down rivals Pakistan to clinch historic title

Junior Asia Cup 2023: India down rivals Pakistan to clinch historic title

Rediff.com2 Jun 2023

The Indian junior men's team beat Pakistan in a thriller in the final of the Men's Junior Asia Cup 2023.

What is Type 5 Diabetes?

What is Type 5 Diabetes?

Rediff.com16 May 2025

'Everyone with a low BMI will not get Type 5 diabetes.'

Market outlook 2025: Brokerages on opportunities, risks, investible themes

Market outlook 2025: Brokerages on opportunities, risks, investible themes

Rediff.com17 Dec 2024

From the outcome of the general elections and then Union Budget to tepid corporate earnings in the September 2024 quarter (Q2-FY25), sticky inflation and Reserve Bank of India's stance on interest rates, extreme weather conditions, Indian stock markets have braved it all in calendar year 2024.

'Neither India Or Pakistan Desire Full-Scale War'

'Neither India Or Pakistan Desire Full-Scale War'

Rediff.com10 May 2025

'I am worried that Pakistan will still feel compelled to take substantive military action beyond this apparent drone activity.' 'If so, the crisis could persist for a while more and dangerous days are still ahead.'

India runs risk of capital flight if crude touches $150, says S&P Global Ratings

India runs risk of capital flight if crude touches $150, says S&P Global Ratings

Rediff.com4 May 2022

Without naming India, S&P said it expects that in regions where inflation already exceeds targets, or which are vulnerable to capital flight, central banks will be forced to raise interest rates.