News for 'Baroda'

Vijay Hazare: Shami takes 3 but Bengal lose to Haryana

Vijay Hazare: Shami takes 3 but Bengal lose to Haryana

Rediff.com9 Jan 2025

India pacer Mohammad Shami, playing his third game of the tournament, went for runs as he took 3/61 in 10 overs.

Mumbai's Mhatre shatters Yashasvi Jaiswal's record

Mumbai's Mhatre shatters Yashasvi Jaiswal's record

Rediff.com31 Dec 2024

At 17 years and 168 days, Mhatre broke the previous record set by India batter Jaiswal, who was 17 years and 291 days when he achieved the feat while playing for Mumbai against against Jharkhand in 2019.

Experts see FY26 nominal GDP growth at 10-11%

Experts see FY26 nominal GDP growth at 10-11%

Rediff.com9 Jan 2025

The upcoming Union Budget to be presented on February 1 is likely to assume a nominal gross domestic product (GDP) growth between 10 and 10.5 per cent for FY26, a Business Standard poll of 10 economists showed. The first advance estimates released by the National Statistics Office (NSO) had estimated a nominal GDP growth of 9.7 per cent for FY25. Nominal GDP, calculated at current market prices, factors in the effect of inflation. It is used as the base to calculate crucial macroeconomic indicators, such as fiscal deficit, revenue deficit, and debt-to-GDP ratio.

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Rediff.com26 Dec 2024

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.

Govt May Save Over Rs 70K Cr In FY25

Govt May Save Over Rs 70K Cr In FY25

Rediff.com20 Jan 2025

The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.

Ranji Trophy: Mumbai record 9-wicket win over Services

Ranji Trophy: Mumbai record 9-wicket win over Services

Rediff.com16 Nov 2024

With this win, Mumbai maintain their third sport in the group with 22 points.

Ranji Trophy: Rohit returns; Pant vs Jadeja in Rajkot

Ranji Trophy: Rohit returns; Pant vs Jadeja in Rajkot

Rediff.com22 Jan 2025

The Ranji Trophy resumes on Thursday, promising a star-studded spectacle as Rohit Sharma and Rishabh Pant headline a host of big names returning to action.

Rahul vs Scindia, royals over 'Maharaja' remarks

Rahul vs Scindia, royals over 'Maharaja' remarks

Rediff.com28 Jan 2025

Addressing a rally in Mhow on Monday, Gandhi said Dalits, backwards and tribals had no rights before Independence, when "only maharajas and rajas enjoyed rights".

Hardik Catches Up With 'Favourite Boys'

Hardik Catches Up With 'Favourite Boys'

Rediff.com23 Oct 2024

The India all-rounder is content to spend time with son Agastya and nephew Kavir.

Vijay Hazare Trophy: All eyes on Varun Chakravarthy, Shreyas Iyer

Vijay Hazare Trophy: All eyes on Varun Chakravarthy, Shreyas Iyer

Rediff.com20 Dec 2024

Varun Chakravarthy had a second coming in international cricket with 17 wickets in his last seven T20Is and 12 of them in South Africa in batting-friendly conditions.

Economists see reforms in the air ahead of Budget

Economists see reforms in the air ahead of Budget

Rediff.com6 Jan 2025

Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Rediff.com27 Jan 2025

The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.

Indian cricket icons recount fav Wankhede memory

Indian cricket icons recount fav Wankhede memory

Rediff.com20 Jan 2025

Rohit aims to bring Champions Trophy to Wankhede

Muted deposit and credit growth sends PSB stocks into a tailspin

Muted deposit and credit growth sends PSB stocks into a tailspin

Rediff.com7 Jan 2025

Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25). The Nifty PSU Bank index was down 4 per cent, with Union Bank of India emerging as the biggest loser as its shares fell 7.5 per cent to close at Rs 114.7, followed by a 5.7 per cent drop in shares of Bank of Baroda (BoB) to Rs 228 and a 4.7 per cent slide in shares of Bank of India to Rs 99.8 on the National Stock Exchange.

Ranji Round-up: Shami returns, in action for Bengal

Ranji Round-up: Shami returns, in action for Bengal

Rediff.com13 Nov 2024

Roundup of matches across the country in the ongoing BCCI Ranji Trophy

Is Hardik Pandya preparing for Test comeback?

Is Hardik Pandya preparing for Test comeback?

Rediff.com13 Sep 2024

Hardik Pandya on Thursday posted a video of himself bowling with the red-ball during a training session in England.

Shreyas slams ton, sends strong message to selectors

Shreyas slams ton, sends strong message to selectors

Rediff.com6 Nov 2024

After waiting nearly three years for a first-class hundred, Iyer's form has surged; his century in October broke that dry spell, and now he's added two more in quick succession.

SMAT: Rahane powers Mumbai to semifinals

SMAT: Rahane powers Mumbai to semifinals

Rediff.com11 Dec 2024

Once Vidarbha posted a massive 221 for six, Mumbai needed a strong chase and Rahane led from the front with an 84 off 45 balls (10x4, 3x6).

India comeback? Rahane's fire still burns bright

India comeback? Rahane's fire still burns bright

Rediff.com13 Dec 2024

Perhaps, that brave attitude keeps his India dream still burning bright without getting disheartened by the domestic grind.

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

Rediff.com13 Dec 2024

Stock Market News today, PSU banks: The year 2024 was a roller-coaster ride for Indian stock markets, marked by volatility driven by the Lok Sabha elections, Union Budget 2024, a slowdown in corporate earnings, and sticky inflation. Geopolitical tensions - particularly between Israel and Iran in West Asia - along with various stimulus announcements by China and yen carry trade rocked the equity markets throughout the year.

Ranji Trophy: HP's Kalsi hits maiden double century; UP fight back

Ranji Trophy: HP's Kalsi hits maiden double century; UP fight back

Rediff.com12 Oct 2024

A round-up of the Ranji Trophy matches played on Saturday.

Ranji: Mumbai back on top with easy win over Maharashtra

Ranji: Mumbai back on top with easy win over Maharashtra

Rediff.com21 Oct 2024

Defending champions Mumbai got their Ranji Trophy campaign back on track with an emphatic nine-wicket win over Maharashtra in their second group A league game in Mumbai on Monday, offsetting the heavy loss to Baroda in the opening game.

Banks eye Rs 1 trn via infra bond issuances in FY25

Banks eye Rs 1 trn via infra bond issuances in FY25

Rediff.com27 Nov 2024

Infrastructure bond issuances by commercial banks in the current financial year (FY25) are likely to surpass Rs 1 trillion, almost double that of FY24, market participants said. So far this financial year, banks have raised Rs 74,256 crore via infra bonds. In FY24, the total issuances stood at around Rs 51,081 crore.

PSBs prepare to open AT-1, Tier-2 bond floodgates

PSBs prepare to open AT-1, Tier-2 bond floodgates

Rediff.com3 Dec 2024

Public sector banks (PSBs) have proposed the Finance Ministry their plan to raise Rs 54,800 crore through Additional Tier-1 (AT-1) and Tier-2 bonds in the current financial year (FY25), 37 per cent more than the Rs 39,880 crore raised in FY24

CSK pacer Tushar Deshpande undergoes ankle surgery

CSK pacer Tushar Deshpande undergoes ankle surgery

Rediff.com1 Oct 2024

The right-arm pacer informed about his surgery in a social media post on Tuesday. He was left out of Mumbai's 30-man probable list for the upcoming Ranji Trophy season.

States' borrowings at 60% of Dec target

States' borrowings at 60% of Dec target

Rediff.com20 Nov 2024

States are on track of fiscal consolidation with their total borrowings reaching Rs 5 trillion till October, which is 60 per cent of the projected borrowings of Rs 8.38 trillion till December 2024, according to data from official sources. Government officials said the lower-than-projected borrowings by states were a sign of prudent fiscal management by them. States announce their borrowing plans every quarter.

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.

Analysts raise target on Bank of Baroda post Q4, see up to 29% upside

Analysts raise target on Bank of Baroda post Q4, see up to 29% upside

Rediff.com25 May 2023

Bank of Baroda Q4 results: Key brokerages have raised their target prices on Bank of Baroda after the state-owned lender posted better-than-expected March quarter (Q4FY23) results. Analysts now see up to 29 per cent upside in the stock from a one-year perspective as they believe BoB is well-placed among the large public banks with nearly all key business metrics moving closer to the top-tier banks. Valuations, too, remain attractive despite steady strong quarterly performances.

RBI action may weigh on growth, increase costs for Bank of Baroda

RBI action may weigh on growth, increase costs for Bank of Baroda

Rediff.com19 Oct 2023

The Reserve Bank India's (RBI's) decision to ban the onboarding of new accounts on the "bob World" mobile digital platform led to a selloff in the Bank of Baroda (BoB) stock. The stock of the public sector bank dropped by around 3 per cent. The central bank cited "material supervisory concerns"; news reports claimed mobile numbers were randomly linked to accounts to purportedly inflate registrations on bob World.

What Are New RBI Governor's Challenges?

What Are New RBI Governor's Challenges?

Rediff.com10 Dec 2024

'Challenge is basically near-term growth as the outlook has turned a bit adverse.'

Baroda cricketer suspended for indiscipline

Baroda cricketer suspended for indiscipline

Rediff.com22 Jan 2021

The decision to suspend Hooda was taken during the Apex Council meeting of the BCA which was held on Thursday evening.

Harshit celebrates maiden Test call-up with 4-wkt haul

Harshit celebrates maiden Test call-up with 4-wkt haul

Rediff.com26 Oct 2024

A round-up of the Ranji Trophy matches played on Saturday.

PSBs clocked 11% growth in H1FY25

PSBs clocked 11% growth in H1FY25

Rediff.com13 Nov 2024

The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch Rs 236 trillion. The operating and net profit were also robust. At Rs 1.5 trillion, operating profit grew by 14.4 per cent year-on-year (Y-o-Y) while the net profit saw an impressive 25.6 per cent jump at Rs 85,520 crore in the first half of FY25.

Liquidation of Jet Airways only option, lenders tell SC

Liquidation of Jet Airways only option, lenders tell SC

Rediff.com27 Sep 2024

Lenders of bankrupt airline Jet Airways, led by the State Bank of India (SBI), on Thursday told the Supreme Court that successful bidder Jalan Kalrock Consortium (JKC) was "unwilling" to pay the dues and that the "liquidation" was the only option left. The bench led by Chief Justice of India (CJI) DY Chandrachud was hearing the SBI-led consortium plea against the NCLAT's March order upholding ownership transfer of the bankrupt airline to JKC.

How the markets will fare this week

How the markets will fare this week

Rediff.com20 Oct 2024

Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.

Rural women drive Rs 27,000 crore financial inclusion transactions

Rural women drive Rs 27,000 crore financial inclusion transactions

Rediff.com8 Oct 2024

Enterprising women business correspondents, known as BC Sakhis, have facilitated transactions worth Rs 27,000 crore in Uttar Pradesh, earning Rs 75 crore in commission over the past four and a half years. BC Sakhis, appointed under the nationwide women empowerment programme, are members of self-help groups (SHGs) who are trained and certified to provide banking and financial services in rural areas.

When A Crocodile Goes To College...

When A Crocodile Goes To College...

Rediff.com6 Sep 2024

This is what happens.

Rupee may depreciate to 84.5 against US dollar by end of December

Rupee may depreciate to 84.5 against US dollar by end of December

Rediff.com25 Nov 2024

The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. This is due to the continued strengthening of the greenback, combined with the weakening of the Chinese yuan, which is expected to keep pressure on the Indian currency.

Rawat's ton keeps India A alive in Duleep Trophy

Rawat's ton keeps India A alive in Duleep Trophy

Rediff.com19 Sep 2024

Shashwat Rawat led India A's dramatic recovery with an unbeaten 122 to steer them to 224 for seven on day one of the Duleep Trophy tie against India C in Anantapur on Thursday.

Countdown Begins To Budget 2025

Countdown Begins To Budget 2025

Rediff.com7 Dec 2024

It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Nirmala Sitharaman, rare in Indian polity.