News for 'Capital Express'

Afghan Khudadadi first refugee to win Paralympic medal after chaotic journey

Afghan Khudadadi first refugee to win Paralympic medal after chaotic journey

Rediff.com30 Aug 2024

Zakia Khudadadi completed a remarkable journey to become the first athlete from the refugee team to win a medal at the Paralympics when she clinched a taekwondo bronze on Thursday.

Day after Nasrallah, Israel kills another top Hezbollah leader Qaouk

Day after Nasrallah, Israel kills another top Hezbollah leader Qaouk

Rediff.com29 Sep 2024

Qaouk was a commander of Hezbollah's preventative security unit and a member of their executive council.

Investing in IPOs? Read this

Investing in IPOs? Read this

Rediff.com18 Sep 2024

IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.

'Criminal negligence': Cong on Delhi coaching centre deaths

'Criminal negligence': Cong on Delhi coaching centre deaths

Rediff.com28 Jul 2024

The Congress on Sunday called for fixing accountability over the death of three IAS aspirants due to waterlogging in a building in Delhi with Rahul Gandhi asserting that common people are paying the price for irresponsibility of institutions at every level.

How To Invest In Quality Stocks

How To Invest In Quality Stocks

Rediff.com23 Oct 2024

'Allocate up to 20 per cent of your core equity portfolio to quality funds.'

Did LSG Owner Scold Rahul?

Did LSG Owner Scold Rahul?

Rediff.com9 May 2024

Fans expressed discomfort over the incident. Many believe such matters should be addressed in private to maintain team morale and the captain's authority.

Havells, Polycab flip the switch on high-voltage growth potential

Havells, Polycab flip the switch on high-voltage growth potential

Rediff.com28 Oct 2024

The July-September quarter (Q2) results for 2024-25 (FY25) from the largest listed consumer electrical solutions companies, Havells India and Polycab India, followed similar trends, demonstrating robust revenue growth while falling short of profitability expectations. Both companies witnessed overall growth in the 16-30 per cent range, but margins declined by 130-290 basis points (bps) year-on-year (Y-o-Y). Although brokerages are bullish on long-term prospects and have raised revenue projections, earnings forecasts have been revised downward due to margin pressures.

GDP growth still resilient: India maintains momentum despite Q1 slowdown

GDP growth still resilient: India maintains momentum despite Q1 slowdown

Rediff.com7 Sep 2024

Against the Reserve Bank of India's (RBI's) projection of 7.1 per cent, India's first quarter (Q1) 2024-25 (FY25) gross domestic product (GDP) growth came in at 6.7 per cent. This is in line with market expectations and significantly lower than the 7.8 per cent recorded in the fourth quarter (Q4) 2023-24 (FY24) and 8.2 per cent in Q1FY24. The quarter witnessed decreased government consumption and investment spending due to the parliamentary election.

How a full-blown Iran-Israel war may hurt India's trade

How a full-blown Iran-Israel war may hurt India's trade

Rediff.com2 Oct 2024

The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.

Rs 2,000 Crore Raised Daily Jan-Jun 2024!

Rs 2,000 Crore Raised Daily Jan-Jun 2024!

Rediff.com12 Jul 2024

Equity supply may hit Rs 6 trillion soon.

Bangladesh troops to return to barracks as police take over ops

Bangladesh troops to return to barracks as police take over ops

Rediff.com12 Aug 2024

He also said that there is improvement in the law and order situation in the country.

Realtors cheer Centre's LTCG tax decision

Realtors cheer Centre's LTCG tax decision

Rediff.com8 Aug 2024

The government's move to tweak the long-term capital gains (LTCG) tax regime proposed in the Finance Bill 2024 and re-introduce the indexation benefit is likely to boost the investments and spur housing sales in the country, industry executives believe. "By enabling taxpayers to choose the lower tax burden between the new and old schemes, the amendment is poised to drive investment and enhance sales across housing segments," said Niranjan Hiranandani, chairman of the Hiranandani Group. In Budget 2024, Union Finance Minister Nirmala Sitharaman proposed an overhaul in the capital gains tax regime, including lowering the LTCG tax to 12.5 per cent from 20 per cent.

Who Should Invest In ELSS?

Who Should Invest In ELSS?

Rediff.com31 Jul 2024

Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.

Normalcy tiptoes into Bangladesh, death toll climbs to 440

Normalcy tiptoes into Bangladesh, death toll climbs to 440

Rediff.com6 Aug 2024

Over 100 people have been killed in the violence across Bangladesh as chaos reigned supreme hours after Sheikh Hasina resigned as prime minister and fled the country on Monday, reports said on Tuesday amid signs of return to normalcy.

Investors, Wait And Watch

Investors, Wait And Watch

Rediff.com19 Oct 2024

'Invest only in stocks of those companies that deliver on earnings and there is earnings visibility too for the next few quarters.'

Should You Invest In SME IPOs?

Should You Invest In SME IPOs?

Rediff.com4 Oct 2024

'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'

The Women Breaking Barriers, One Package At A Time

The Women Breaking Barriers, One Package At A Time

Rediff.com29 Oct 2024

Christina Rindiki's all-women team on the India-Myanmar border in Champhai, Mizoram, delivers 300 plus Amazon packets daily. The women handle all aspects of the operation and made around 450 deliveries per day this month alone. This is their story.

Suspense over Narsinghanand's whereabouts as more cases filed

Suspense over Narsinghanand's whereabouts as more cases filed

Rediff.com6 Oct 2024

As controversy raged over Yati Narsinghanand's objectionable remarks against Prophet Muhammad, his supporters on Sunday alleged that the Dasna temple head priest is being illegally kept in detention by police, which denied the claim.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Amazon India creates 110K seasonal jobs ahead of festivals

Amazon India creates 110K seasonal jobs ahead of festivals

Rediff.com14 Sep 2024

E-commerce firm Amazon India has announced the creation of over 110,000 seasonal job opportunities across its operations network as it prepares to serve millions of customers throughout India during the upcoming festival season. These positions include both direct and indirect roles in cities such as Mumbai, Delhi, Pune, Bengaluru, Hyderabad, Kolkata, Lucknow, and Chennai, among others. Notably, Amazon has hired thousands of women and nearly 1,900 individuals with disabilities into its existing network.

L&T likely to outperform guidance after strong Q1 FY25 performance

L&T likely to outperform guidance after strong Q1 FY25 performance

Rediff.com2 Aug 2024

L&T surprised on the upside of consensus due to stronger-than-expected growth overseas. The Q1FY25 results were ahead of estimates on both revenue and net profit fronts. The company reported a 15 per cent year-on-year (Y-o-Y) growth in revenues along with 15 per cent Y-o-Y growth in operating profit and 12 per cent Y-o-Y growth in net profit on consolidated basis.

'Largecaps Present Better Risk/Reward Balance'

'Largecaps Present Better Risk/Reward Balance'

Rediff.com19 Aug 2024

'Investors should consider small and midcaps only if they can handle volatility and have a longer investment horizon.'

Naidu At Helm, Amaravati Comes Alive

Naidu At Helm, Amaravati Comes Alive

Rediff.com12 Jun 2024

Locals have witnessed real estate prices skyrocket from a historic low of Rs 6,000 per square yard (in 2020) during Jagan Mohan Reddy's regime to around Rs 40,000 to Rs 50,000 per square yard after elections.

India's Twitter rival Koo shuts down

India's Twitter rival Koo shuts down

Rediff.com3 Jul 2024

In a post on LinkedIn, co-founders Aprameya Radhakrishna and Mayank Bidawatka announced that the platform will be discontinuing its services to the public, as talks for a partnership with multiple larger internet companies, conglomerates and media houses did not yield the desired outcomes.

CJI Chandrachud: A legacy of landmark verdicts that shaped society, row

CJI Chandrachud: A legacy of landmark verdicts that shaped society, row

Rediff.com9 Nov 2024

While that created a stir so did the decision on his penultimate day at work with the Supreme Court rechristening its summer vacation "partial court working days", an issue that has led to criticism that the apex court judges enjoyed long breaks.

Indians among 65 missing after landslide sweeps away 2 buses in Nepal

Indians among 65 missing after landslide sweeps away 2 buses in Nepal

Rediff.com12 Jul 2024

At least 65 people, including seven Indian nationals, are believed to be missing after two buses were swept away by a landslide in Nepal and pushed into a swollen river on Friday, according to media reports.

Reliance's O2C jitters: A refining challenge that's crimping growth

Reliance's O2C jitters: A refining challenge that's crimping growth

Rediff.com29 Jul 2024

Weighed down by the oil-to-chemicals (O2C) business, Reliance Industries (RIL) results for the April-June quarter (Q1) of 2024-25 (FY25) missed Street estimates. A 14 per cent fall in the O2C segment's operating profit compared to the year-ago quarter and a 22 per cent sequential decline pulled down the consolidated performance. The O2C segment accounts for a third of the overall operating profit and about 60 per cent of the attributable consolidated profit.

Modi places a doll in memory of children killed in Ukraine

Modi places a doll in memory of children killed in Ukraine

Rediff.com24 Aug 2024

Soon after reaching the Ukrainian capital Kyiv from Poland, Modi was greeted by Ukraine President Volodymyr Zelenskyy at the multimedia Martyrologist Exposition on children at the National Museum of History of Ukraine.

STCG, LTCG, MFs: What You Must Know

STCG, LTCG, MFs: What You Must Know

Rediff.com30 Jul 2024

Investors should view the increase in the LTCG tax rate in conjunction with the increase in capital gains exemption from Rs 1 lakh to Rs 1.25 lakh, which will provide some relief.

Hinduja group firm gets conditional nod to acquire RCap

Hinduja group firm gets conditional nod to acquire RCap

Rediff.com11 May 2024

Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. "We are happy to acknowledge the receipt of approval from IRDAI yesterday (May 10, 2024) on the auspicious occasion of Akshay Tritiya. "The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances," an IIHL spokesperson said in a statement.

I told Modi, issue of attacks on Hindus exaggerated: Yunus

I told Modi, issue of attacks on Hindus exaggerated: Yunus

Rediff.com5 Sep 2024

Chief Adviser to Bangladesh's interim government, Muhammad Yunus, has said the issue of attacks on minority Hindus in his country is 'exaggerated' and questioned the manner in which India projected it.

'In Equity Markets, One Has To Be Patient'

'In Equity Markets, One Has To Be Patient'

Rediff.com12 Nov 2024

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'

'Huge disappointment': Ukraine's Zelenskyy on Modi-Putin meet

'Huge disappointment': Ukraine's Zelenskyy on Modi-Putin meet

Rediff.com9 Jul 2024

Zelenskyy said on the same day that 37 people, including three children, were killed and 170 others were injured due to Russia's missile strike at the largest children's hospital in Ukraine's capital city Kyiv.

DK's explosive batting to light up Legends League Cricket

DK's explosive batting to light up Legends League Cricket

Rediff.com28 Aug 2024

Known for his explosive batting in the middle order, his quick glove work behind the stumps, and most recently his exceptional work as a commentator, DK's transition into the LLC marks a new chapter in his career

Delhi receives second 'Oxygen Express'; third on its way

Delhi receives second 'Oxygen Express'; third on its way

Rediff.com2 May 2021

The second wave of the coronavirus has put huge pressure on the country's health system, with hospitals facing shortage of oxygen, medicines and equipment to treat COVID-19 patients, besides beds.

Budget & MFs: What You Must Know

Budget & MFs: What You Must Know

Rediff.com24 Jul 2024

While the minimum holding period for LTCG taxation has now been lowered, the tax outgo could be a bit higher under the new structure.

Want To Invest In Infrastructure Funds?

Want To Invest In Infrastructure Funds?

Rediff.com1 Jul 2024

'Investors should not go for lump-sum investments in infrastructure funds at this point.' 'The SIP route is the best to avoid any major disappointment.'

Interim govt is taking over: Bangladesh Army chief

Interim govt is taking over: Bangladesh Army chief

Rediff.com5 Aug 2024

"I'm taking all responsibility (of the country). Please cooperate," he said in a televised address amid reports that Hasina has left the country.

Correction in steel stocks could be a buying opportunity

Correction in steel stocks could be a buying opportunity

Rediff.com28 Sep 2024

India's steel market is out of step with global trends. Global demand is weak with China at a huge supply surplus to its domestic demand, pushing down global steel prices. India's domestic demand for steel is strong, given the continuing infrastructure push and is likely to accelerate as urbanisation improves, and the auto sector continues to grow alongside the infrastructure push.

Retirement Funds: Customize Your Mix

Retirement Funds: Customize Your Mix

Rediff.com28 Sep 2024

Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.