News for 'CARE Ratings'

''Made Good Money? Take Your Capital Out'

''Made Good Money? Take Your Capital Out'

Rediff.com7 Aug 2024

'Forget your loss or profit in your portfolio.' 'Look at how much cash you have in hand.' 'If you don't have cash in hand, liquidate at least partially; get into about 20 per cent in cash.'

Medical inflation, high coverage drive up ticket sizes for retail health insurers

Medical inflation, high coverage drive up ticket sizes for retail health insurers

Rediff.com13 Mar 2024

The average ticket size of retail health insurance in India has increased by nearly 48 per cent over 6 years due to elevated medical inflation and increased demand for higher coverage policies among policyholders. According to data by online insurance broker PolicyBazaar, the average ticket size of retail health insurance in India has increased to Rs 26,533 so far in FY24, up 48.22 per cent from Rs 17,900 in FY19.

'Economy Is Not Creating Enough Jobs'

'Economy Is Not Creating Enough Jobs'

Rediff.com27 May 2024

'The policy focus of the government should have been on creating more good quality jobs but that was not their focus.'

Biden stumbles in first presidential debate with Trump

Biden stumbles in first presidential debate with Trump

Rediff.com29 Jun 2024

Joe Biden, seeking a second term in the White House, stumbled in his first televised presidential debate with his predecessor Donald Trump, setting off alarm bells among top Democrats about whether the incumbent President can stay atop in the gruelling months ahead of the elections.

India's top 3 in the T20 World Cup should be Rohit, Kohli and...: Lara

India's top 3 in the T20 World Cup should be Rohit, Kohli and...: Lara

Rediff.com8 Apr 2024

Legendary Brian Lara asserted that Virat Kohli's value transcends cold numbers, and the West Indian virtuoso has little doubt that the star batter should be a part of India's T20 World Cup squad.

Kalki 2898 AD Review: The Force Is Strong

Kalki 2898 AD Review: The Force Is Strong

Rediff.com27 Jun 2024

Prabhas may be the face of Kalki 2898 AD's heroics but the real bang for your buck is delivered in Amitabh Bachchan's indefatigable energy providing Kalki's biggest wolf-whistle moments, applauds Sukanya Verma.

Chandu Champion Review: Crowd Pleasing Melodrama

Chandu Champion Review: Crowd Pleasing Melodrama

Rediff.com14 Jun 2024

Chandu Champion is Kartik Aaryan's most ambitious work so far and the actor's muscular gusto is undeniable. There's visible fire in the man's belly but not enough soul, observes Sukanya Verma.

How Well Has Akshay Remade South Movies?

How Well Has Akshay Remade South Movies?

Rediff.com27 Jun 2024

From the 'khiladi' brand of movies rocking his boat to a love for starring in biopics and scripts inspired by true stories to headlining endless remakes of South Indian hits, there's a pattern to the man and his methods.

Adani Power revives old ambitions as power demand surges in India

Adani Power revives old ambitions as power demand surges in India

Rediff.com10 Apr 2024

Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.

'If A Heatstroke Patient Doesn't Get Treatment, There's 80% Chance Of Dying'

'If A Heatstroke Patient Doesn't Get Treatment, There's 80% Chance Of Dying'

Rediff.com28 Jun 2024

'We can save 70 patients out of 100, if they reach a hospital well within time.' 'The most crucial aspect is time.'

Cummins donates $50,000 to PM Cares Fund for oxygen supplies

Cummins donates $50,000 to PM Cares Fund for oxygen supplies

Rediff.com26 Apr 2021

Many Australian cricketers are looking to leave the IPL early amid fears they will be locked out of the country because of India's escalating COVID-19 crisis.

All eyes on RBI as rate cut looms large

All eyes on RBI as rate cut looms large

Rediff.com1 Apr 2019

According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.

Maha disallows home isolation in 18 high positivity rate districts

Maha disallows home isolation in 18 high positivity rate districts

Rediff.com25 May 2021

The Maharashtra government has decided to stop home quarantining of COVID-19 patients in 18 districts where the positivity rate is high and all active patients in these areas would be admitted to COVID Care Centers, health minister Rajesh Tope said.

Modi 3.0: 'Viksit Bharat' Reforms Not To Take Back Seat

Modi 3.0: 'Viksit Bharat' Reforms Not To Take Back Seat

Rediff.com13 Jun 2024

'The expeditious enactment of labour codes and strategic measures to bridge the skills jobs gap are critical.'

Sharad Pawar shows his nephew who's the real NCP

Sharad Pawar shows his nephew who's the real NCP

Rediff.com5 Jun 2024

Now, with the INDIA bloc putting up an impressive show in the Lok Sabha polls and managing to stop the BJP juggernaut, opposition leaders will be looking at the senior Pawar for guidance in navigating the political space against the saffron party post-elections.

Why K V Kamath calls Indian banking system the best in 50 years

Why K V Kamath calls Indian banking system the best in 50 years

Rediff.com14 Mar 2024

'I don't think we have ever seen such alignment of everything that we need in the banking sector.'

Vistara hits air pocket; to cut 25-30 flights daily

Vistara hits air pocket; to cut 25-30 flights daily

Rediff.com7 Apr 2024

Facing disruptions due to non-availability of crew, Vistara on Sunday announced reducing 10 per cent of its capacity or 25-30 flights daily and most of the cancellations are in the domestic network as the Tata Group airline strives to stabilise operations. The full-service carrier is to operate over 300 flights daily in the ongoing summer schedule and witnessed significant disruptions earlier this week as many pilots reported sick, resulting in cancellations of flights. "We are carefully scaling back our operations by around 25-30 flights per day, i.e. roughly 10 per cent of the capacity we were operating.

Longer working hours & low earnings: How India's gig workforce fares

Longer working hours & low earnings: How India's gig workforce fares

Rediff.com12 Mar 2024

Long working hours, earnings that fall short of meeting household expenses, arbitrary deactivation and blocking of identity (ID) by platforms, and high physical and mental stress are among the major issues plaguing workers of the booming gig economy in India, a report based on a survey has found. Nearly 83 per cent cab drivers reported working for more than 10 hours in a day, while 78 per cent delivery personnel worked for the same duration, showed the report released on Monday, titled "Prisoners on Wheels" and based on a survey by the University of Pennsylvania and the Indian Federation of App-Based Transport Workers (IFAT).

6.7 Million Indian Children Have Zero Food

6.7 Million Indian Children Have Zero Food

Rediff.com30 Apr 2024

'The response from the government using words like malicious, deliberate, etc is diverting from the real issue.' 'The indicators related to young children such as stunting or child mortality are a reflection of the social development in the country.' 'That's how we have to look at it and not ignore the issue by denying the data.'

Domestic pharma market grew by 6.8% in 2023

Domestic pharma market grew by 6.8% in 2023

Rediff.com22 Jan 2024

The Indian pharmaceutical market (IPM) grew 6.8 per cent to touch a turnover of ~1.93 trillion in calendar year 2023, despite volumes going down marginally by 0.9 per cent. This indicates the price increase has been the major growth driver. Growth in the moving annual turnover (the previous 12 months' turnover) in December was 5.1 per cent and that in new product introduction 2.6 per cent, while volumes dipped 0.9 per cent, leading to an overall growth rate of 6.8 per cent, according to the data from market research firm Pharmatrac.

Rupee best-performing Asian currency so far in January

Rupee best-performing Asian currency so far in January

Rediff.com29 Jan 2024

After an extremely stable 2023, the Indian rupee started 2024 on a promising note and has turned out to be the best-performing Asian currency so far in January, appreciating 0.1 per cent despite 2 per cent rise in the dollar index. All other Asian currencies depreciated by around 1.4-4 per cent during the month. The local currency regained its ground against the greenback on the back of foreign portfolio inflows, said market participants.

Will legalising MSP reduce the import bill for edible oils and pulses?

Will legalising MSP reduce the import bill for edible oils and pulses?

Rediff.com12 Mar 2024

The protesting farmers' main demand to legalise the minimum support price (MSP) regime has divided opinion. One school of thought says it would lead to crop diversification and help India keep under check its burgeoning import bill on edible oils and pulses, while another says it would incentivise farmers to produce low-quality crops. Contrary to popular perception, India has a trade surplus in agriculture and allied activities, which stood at $18.65 billion during 2022-23 (FY23) against $15.92 billion in the previous year. However, the surplus was mainly on account of rice, wheat, sugar, spices, and buffalo meat.

Avenue Supermarts regains Rs 3-trillion m-cap; stock zooms 23% in 1 month

Avenue Supermarts regains Rs 3-trillion m-cap; stock zooms 23% in 1 month

Rediff.com12 Apr 2024

Shares of Avenue Supermarts, which owns and operates the DMart stores, hit a two-year high of Rs 4,710.15 as they surged nearly 6 per cent on the BSE in Thursday's (April 4) intraday trade after reporting strong revenue growth in the January-March quarter (Q4) of the previous financial year (FY24). DMart, in the Q4FY24 pre-quarter update, said the company reported 20 per cent growth in standalone revenue from operations at Rs 12,393 crore, as against Rs 10,337 crore in the third quarter (Q3) of 2022-23 (FY23), driven by a 7 per cent growth in revenue per store and a robust 13 per cent year-on-year (Y-o-Y) increase in store additions. In Q3 of 2021-22, the company reported revenue of Rs 8,606 crore and in Q3 of 2020-21, it posted revenue of Rs 7,303 crore.

CSR spends up 3%, PM-CARES not favourite in 2nd wave

CSR spends up 3%, PM-CARES not favourite in 2nd wave

Rediff.com24 Aug 2021

India Inc's philanthropic spends have grown by 3.62 per cent to Rs 22,000 crore in FY21 as profits expanded, and a majority of the allocations have been done to pandemic-linked causes, a report said on Tuesday. The report by rating agency Crisil said that while the first wave saw greater spending in cash largely through the PM-CARES Fund, the preference shifted to more direct support through in-kind spends in the second wave. Corporate contributed only Rs 85 crore to the PM-CARES Fund during the second wave between March and June 2021, as against Rs 831 crore to what was classified as 'others'.

'Marwari' school of business keeps 3 generations of Ruia family under one roof

'Marwari' school of business keeps 3 generations of Ruia family under one roof

Rediff.com17 Jun 2024

Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.

Easing curbs should be carefully calibrated: Centre to states

Easing curbs should be carefully calibrated: Centre to states

Rediff.com19 Jun 2021

Union Home Secretary Ajay Bhalla said that vaccination against COVID-19, in the present scenario, is critical to break the chain of transmission.

India Inc's fundraising from overseas falls sharply in Sep quarter

India Inc's fundraising from overseas falls sharply in Sep quarter

Rediff.com14 Oct 2022

Foreign currency loans raised by Indian companies nosedived to $210 million in the September quarter (Q2), 93.3 per cent less than the year-ago period when five firms raised $3.1 billion. The Q2 amount is the lowest since December 2003 quarter when India Inc raised $191 million. Companies cited volatility in the currency markets, sharp rise in interest rates in the United States, and fund availability in India as the main reasons behind the sharp fall.

Deal valuations weigh on Apollo Hospitals stock

Deal valuations weigh on Apollo Hospitals stock

Rediff.com9 May 2024

The stock of Apollo Hospitals Enterprise (AHEL), India's largest listed health care services company, fell 4.6 per cent on Monday (April 29) and slipped another 0.34 per cent to close at Rs 5,946.20 on Tuesday (April 30). The share declined due to a lower valuation for subsidiary Apollo HealthCo (AHL) and an aggressive valuation for Keimed, a promoter-owned drug wholesaler that is merging with AHL.

Higher fuel cost and low-demand headwinds seen for cement companies

Higher fuel cost and low-demand headwinds seen for cement companies

Rediff.com25 Sep 2023

Even as cement companies continue to announce ambitious expansion plans, analysts turn cautious over the sector as incremental supply is expected to coincide with a weak demand growth period, and other headwinds of higher fuel costs, weak monsoons and general elections. In August, JSW Cement said it will take its current 19 million tonnes (MT) capacity to 60 MT in the next five years. The country's top producers have massive expansion plans underway - UltraTech Cement targeting 200 MT, Adani Cement aiming for 140 MT and Dalmia Cement planning for 110-130 MT.

India's unemployment at record low: SBI economists

India's unemployment at record low: SBI economists

Rediff.com14 Nov 2023

India's unemployment rate is at a record low and the country's labour market is undergoing a structural transformation, a report said on Tuesday. In the new report, the economists at the country's largest lender SBI also pitched for a "reinterpretation of old fashioned rhetoric" while looking at a subject like employment. "India's unemployment rate is at a record low, India's labour market is undergoing a deep structural transformation with self-entrepreneurship across all echelons and higher educational attainment emerging as key enablers," the report said.

Flipkart beats Amazon to top e-comm market with 48% share

Flipkart beats Amazon to top e-comm market with 48% share

Rediff.com26 Jan 2024

Walmart group firm Flipkart continues to dominate the e-commerce segment with 48 per cent market share while Softbank-backed Meesho has emerged as the fastest growing e-commerce platform in terms of user base in India, a latest report by AllianceBernstein said. According to the report, Flipkart's user base grew 21 per cent year-on-year (YoY), Meesho accelerated at 32 per cent while Amazon lagged at 13 per cent user growth primarily due to relative premium offerings as compared to peers. "As of FY23, Flipkart was the market leader, with a 48 per cent share in India eCommerce.

'How To Choose Good MFs For Rs 5K SIPs?'

'How To Choose Good MFs For Rs 5K SIPs?'

Rediff.com16 May 2024

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

'Climate Change Is The Main Villain'

'Climate Change Is The Main Villain'

Rediff.com2 Aug 2024

'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'

What's in store for mutual fund investors in 2024?

What's in store for mutual fund investors in 2024?

Rediff.com30 Jan 2024

The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.

Maharani 3 Review: Lost Focus

Maharani 3 Review: Lost Focus

Rediff.com8 Mar 2024

Huma Qureshi's Rani Bharti was the ace in the pack, but everything that she does in this season smacks more of script conveniences than careful plotting, observes Deepa Gahlot.

Volume recovery crucial for Marico's growth in FY25

Volume recovery crucial for Marico's growth in FY25

Rediff.com15 May 2024

Marico's January-March quarter (Q4) results were slightly better than consensus. Revenue was up by 1.7 per cent year-on-year (Y-o-Y) to Rs 2,280 crore. Ebitda grew by 12.5 per cent Y-o-Y to Rs 440 crore. Adjusted PAT was up 10.3 per cent Y-o-Y to Rs 320 crore.

Yeh Meri Family 3 Review: Sweet Nostalgia

Yeh Meri Family 3 Review: Sweet Nostalgia

Rediff.com4 Apr 2024

Yeh Meri Family 3 is developing into a Wonder Years kind of coming-of-age comedy that Indian viewers can relate to, observes Deepa Gahlot.

Applying For Home Loan? Read This!

Applying For Home Loan? Read This!

Rediff.com15 Feb 2024

Enhancing your credit score is the key to improving loan eligibility and securing a favourable interest rate.

Now Get Customised Insurance

Now Get Customised Insurance

Rediff.com3 Apr 2024

From April 1, when we buy insurance for a car or take out a health cover, insurance companies can offer a product totally customised for us.

10 Tips To Take Care Of The Heart Post COVID

10 Tips To Take Care Of The Heart Post COVID

Rediff.com2 Dec 2021

One may be at a risk of heart attack or stroke even months after recovery, cautionss Dr Ruchit Shah, interventional cardiologist, Masina Hospital, Mumbai.