News for 'Capital Economics'

FPIs pull out Rs 24,753 cr from equities in first week of Mar

FPIs pull out Rs 24,753 cr from equities in first week of Mar

Rediff.com9 Mar 2025

Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.

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.

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.

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

Rediff.com22 Feb 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.

India's fiscal deficit touches 74.5% of full year target at end-Jan

India's fiscal deficit touches 74.5% of full year target at end-Jan

Rediff.com28 Feb 2025

The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts (CGA) on Friday.

Have PSU Stocks? What To Do?

Have PSU Stocks? What To Do?

Rediff.com20 Jan 2025

'If the markets correct further, PSU stocks could continue to decline.'

Restaurants can't levy mandatory service charge on food bills: HC

Restaurants can't levy mandatory service charge on food bills: HC

Rediff.com29 Mar 2025

The court upheld the guidelines and imposed Rs 1 lakh cost each on the petitioners to be deposited with the CCPA towards consumer welfare.

'Trump Admires Only Himself'

'Trump Admires Only Himself'

Rediff.com11 Mar 2025

'He may respect others, but he is unlikely to admire them'

Gold jumps Rs 630 to hit record high of Rs 82,730

Gold jumps Rs 630 to hit record high of Rs 82,730

Rediff.com22 Jan 2025

Gold prices rallied by Rs 630 to a lifetime high of Rs 82,700 per 10 grams in the national capital on Wednesday following persistent buying by jewellers and retailers amid strong global trends, according to the All India Sarafa Association. Rallying for the sixth straight session, gold of 99.5 per cent purity appreciated by Rs 630 to hit a lifetime high of Rs 82,330 per 10 grams.

'Prime Minister Modi Has Been Fiscally Conscious'

'Prime Minister Modi Has Been Fiscally Conscious'

Rediff.com5 Feb 2025

'Spend, but create assets, spend but make sure that people benefit from it.' 'This has been a beautiful guiding principle. And I think as a finance minister I owe so much to the prime minister for keeping this path clear before us.'

Finance Secretary TK Pandey is new Sebi chairman

Finance Secretary TK Pandey is new Sebi chairman

Rediff.com28 Feb 2025

The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.

Markets open higher ahead of Budget presentation

Markets open higher ahead of Budget presentation

Rediff.com1 Feb 2025

From the 30-share blue-chip pack, ITC Hotels, IndusInd Bank, Mahindra & Mahindra, Sun Pharma, UltraTech Cement and NTPC were among the biggest gainers. Titan, Kotak Mahindra Bank, Nestle, Asian Paints, HCL Tech and ICICI Bank were among the laggards.

Trump Tariffs: How Must India Respond?

Trump Tariffs: How Must India Respond?

Rediff.com12 Mar 2025

India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.

'Coming Months Could Be Eventful For Markets'

'Coming Months Could Be Eventful For Markets'

Rediff.com15 Jan 2025

'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'

Why And How To Invest In Gold

Why And How To Invest In Gold

Rediff.com2 Jan 2025

Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate spikes, currency and geopolitical risks, says Anamika Pareek.

With 7.1% Interest, Is PPF Still A Good Investment Option?

With 7.1% Interest, Is PPF Still A Good Investment Option?

Rediff.com17 Mar 2025

The answer depends on your financial goals and risk appetite, says Certified Financial Planner Ramalingam Kalirajan, and explains why.

Canada's deputy PM resigns citing rift with Trudeau

Canada's deputy PM resigns citing rift with Trudeau

Rediff.com17 Dec 2024

'For the past number of weeks, you and I have found ourselves at odds about the best path forward for Canada'

'Trump Will Unite America Provided...'

'Trump Will Unite America Provided...'

Rediff.com22 Jan 2025

'...he keeps his campaign promises, does what he said he will do which led to his huge victory.'

I could've built sheesh mahal: PM slams AAP as 'aapda'

I could've built sheesh mahal: PM slams AAP as 'aapda'

Rediff.com3 Jan 2025

Prime Minister Narendra Modi on Friday slammed the Aam Aadmi Party as an 'aapda' (disaster) for Delhi, saying this 'aapda' had taken the national capital in its grip in the past 10 years.

After 3 years, a bureaucrat to head Sebi

After 3 years, a bureaucrat to head Sebi

Rediff.com28 Feb 2025

Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.

Indian markets can rise 15% in a year: Chris Wood

Indian markets can rise 15% in a year: Chris Wood

Rediff.com28 Feb 2025

India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.

Trump Has Become A Reset Button

Trump Has Become A Reset Button

Rediff.com11 Apr 2025

Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.

Amid row, govt to allocate space for Manmohan Singh memorial in Delhi

Amid row, govt to allocate space for Manmohan Singh memorial in Delhi

Rediff.com28 Dec 2024

The Indian government has announced it will allocate space for a memorial to former Prime Minister Manmohan Singh, following a request from Congress president Mallikarjun Kharge. The announcement comes after the Congress party criticized the government for not finding a location for Singh's cremation and memorial, calling it a deliberate insult. Singh, who served as Prime Minister from 2004 to 2014, passed away on Thursday at the age of 92.

Indians Want To Make An Experience Of Every Trip

Indians Want To Make An Experience Of Every Trip

Rediff.com1 Apr 2025

'Adventure travel, cultural tours, and wellness retreats are in high demand.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com26 Jan 2025

In an eventful week ahead, stock market investors will take cues from major events like the US Federal Reserve's interest rate decision, the upcoming Union Budget and Q3 earnings, analysts said.

FPIs withdraw Rs 22,194 crore in Jan

FPIs withdraw Rs 22,194 crore in Jan

Rediff.com12 Jan 2025

Foreign investors have withdrawn Rs 22,194 crore from Indian equities this month, driven by expectations of a weak earnings season, a steady rise in the US dollar, and concerns over tariff war during Donald Trump's presidency. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.

'Elon Musk was fascinated about Kumbh Mela'

'Elon Musk was fascinated about Kumbh Mela'

Rediff.com18 Jan 2025

Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.

Shoe pinches for most large footwear companies

Shoe pinches for most large footwear companies

Rediff.com11 Mar 2025

Footwear companies were among the weakest performers in the consumer discretionary sector during the October-December quarter (Q3) of 2024-25. The combined revenue growth of the top four listed firms was just 2.9 per cent year-on-year (Y-o-Y) - the lowest among major discretionary categories.

A few final steps to be completed: Misri on Rana's extradition

A few final steps to be completed: Misri on Rana's extradition

Rediff.com14 Feb 2025

The United States has approved the extradition of Tahawwur Rana, accused of involvement in the 2008 Mumbai terror attacks, to India. The decision was announced by President Donald Trump during a joint press conference with Prime Minister Narendra Modi in the White House. India is currently working on the logistics of Rana's surrender and extradition, with several final steps to be completed before he is sent back to India. The joint statement issued by India and the US during Prime Minister Modi's visit reaffirmed their commitment to fighting terrorism and eliminating terrorist safe havens. The leaders also called on Pakistan to bring to justice the perpetrators of the 26/11 Mumbai and Pathankot attacks. Rana, a Canadian national of Pakistani origin, is currently lodged at a metropolitan detention center in Los Angeles. He is associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 attacks.

Last-ball thriller: DC stun MI in WPL nail-biter

Last-ball thriller: DC stun MI in WPL nail-biter

Rediff.com15 Feb 2025

Delhi Capitals produced a splendid bowling effort before their batters, led by Niki Prasad, survived some anxious moments to register a narrow two-wicket win over Mumbai Indians in a last-ball thriller in the Women's Premier League

'The World Lost a Visionary'

'The World Lost a Visionary'

Rediff.com27 Dec 2024

Stalwarts of Indian sports paid rich tributes to former Prime Minister Dr Manmohan Singh, who died on Thursday, describing him as a visionary, who had quiet strength and humility.

Debt To Wealth: Young People, Read This!

Debt To Wealth: Young People, Read This!

Rediff.com17 Mar 2025

'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'

'Second Coming' For TN's Autonomy Panel, But...

'Second Coming' For TN's Autonomy Panel, But...

Rediff.com18 Apr 2025

Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.

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.

Ahead of Modi-Trump meet, India revamps tariff structure

Ahead of Modi-Trump meet, India revamps tariff structure

Rediff.com11 Feb 2025

Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.

'An All-Out Budget For Middle Class'

'An All-Out Budget For Middle Class'

Rediff.com7 Feb 2025

'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'

Budget 2025: FM takes part in customary halwa ceremony

Budget 2025: FM takes part in customary halwa ceremony

Rediff.com24 Jan 2025

Finance Minister Nirmala Sitharaman on Friday participated in a traditional 'halwa' ceremony, marking the final stage for the preparation of Union Budget 2025-26 to be unveiled on February 1 in the Lok Sabha. The ceremony is a customary ritual in which traditional dessert 'halwa' is prepared and served to officials and staff members of the finance ministry who are involved in the preparation of the Budget.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

US, Russia hold talks to end war, without Ukraine

US, Russia hold talks to end war, without Ukraine

Rediff.com19 Feb 2025

After more than four hours of talks in Saudi Arabia, the US and Russia agreed on four key principles, Rubio said on Tuesday. These include appointing a high-level team to help "negotiate and work through the end of the conflict in Ukraine" in a way that's "acceptable to all the parties engaged."

The Harsh Reality For Wayanad Survivors

The Harsh Reality For Wayanad Survivors

Rediff.com27 Mar 2025

In Kerala's society, known for its high material standard of living, plunging into a state of having nothing overnight can be terrible for one's social standing and sense of self-esteem. Rehabilitation entails piecing a community back together after a disturbance and while its aim is noble, the act of reassembling will bring alive disparities and inequalities, explains Shyam G Menon.