News for 'Core Shift'

Ghoomer Review: Winner With A Lot Of Heart

Ghoomer Review: Winner With A Lot Of Heart

Rediff.com18 Aug 2023

Ghoomer is an efficient crowd-pleaser that puts a lump in the throat, a tear in the eyes, and a smile on the face, all at the same time, applauds Mayur Sanap.

Pannun 'Plot': 'Biden has received a wake up call'

Pannun 'Plot': 'Biden has received a wake up call'

Rediff.com4 Dec 2023

'US officials must grapple with the possibility that one of its closest partners attempted an extrajudicial killing on its soil.' 'This is not something that friends typically do to friends.'

India: Vishwaguru Or In Amritkaal?

India: Vishwaguru Or In Amritkaal?

Rediff.com2 May 2023

Happily, it does not require the world to hold a mirror up for us. We can look at ourselves and understand easily if we choose to be honest about where we find ourselves three quarters of a century after Independence, asserts Aakar Patel.

RBI likely to hike rate by 25 bps on Apr 6

RBI likely to hike rate by 25 bps on Apr 6

Rediff.com29 Mar 2023

The Reserve Bank may go for a final 25 basis points increase in the current rate hike cycle next week and a reduction would come in only by the end of third quarter of FY24, economists at Axis Bank said on Wednesday. As per media reports, RBI officials met economists on Tuesday, and the latter have suggested the central bank to go for a 25 basis points hike in key rates. Since May 2022, the RBI has hiked rates by 250 basis points, hurting borrowers and some are already concerned about loan tenors extending beyond their working lives as a result of the hikes.

GST anti-profiteering complaints to be taken up by CCI from Dec 1

GST anti-profiteering complaints to be taken up by CCI from Dec 1

Rediff.com15 Nov 2022

All GST anti-profiteering complaints would be dealt with by the Competition Commission of India (CCI) from December 1 as the extended tenure of National Anti-profiteering Authority ends this month, an official said on Tuesday. A notification in this regard is expected to be issued by the finance ministry later this month, the official added. The National Anti-profiteering Authority (NAA) was set up in November 2017 under Section 171A of Goods and Services Tax (GST) law to check unfair profiteering activities by registered suppliers.

'One must not exit equities completely'

'One must not exit equities completely'

Rediff.com29 Dec 2022

'Investors need to have a fairly diversified basket of funds within equities.' 'We want them to allocate to largecap funds, midcap funds and flexicap schemes.'

'There will be an overwhelming win for the BJP in Rajasthan''

'There will be an overwhelming win for the BJP in Rajasthan''

Rediff.com23 Nov 2023

'The good governance which the Congress government claims has resulted in a regime where women in Rajasthan are afraid to go out of their homes.'

Nagaland polls: Thin win margins a threat to BJP national spokesman's 3rd term

Nagaland polls: Thin win margins a threat to BJP national spokesman's 3rd term

Rediff.com19 Feb 2023

Also, the thin winning margins of his last two successful campaigns are proving to be thorns for the sitting MLA.

What Will Be Modi's Road To 2024?

What Will Be Modi's Road To 2024?

Rediff.com5 Jun 2023

The BJP's challenge is whether it can again deflate a Congress, which now looks reinvigorated and has adopted sharper messaging around its 'guarantees', and several regional parties, especially in Bihar, Maharashtra and West Bengal.

NDA Better For Economy Than INDIA In 2024

NDA Better For Economy Than INDIA In 2024

Rediff.com31 Aug 2023

What is most troubling is that not a single party that is part of INDIA has talked about any kind of reform and economic sense, argues R Jagannathan.

Tides turning for India's startups?

Tides turning for India's startups?

Rediff.com3 Oct 2023

The recovering valuations, will lead to enhanced optimism among investors about funding startups.

CJI Chandrachud asks judiciary to shed colonial mindset, treat district judges as equals

CJI Chandrachud asks judiciary to shed colonial mindset, treat district judges as equals

Rediff.com14 Nov 2022

Newly sworn-in Chief Justice of India DY Chandrachud on Monday asked Supreme Court and high court judges to shun "colonial mindset" and the "culture of subordination" while dealing with district court judges, saying the country needs to move towards a "more modern and equal judiciary".

'I see the world from an outsider's perspective'

'I see the world from an outsider's perspective'

Rediff.com19 Jul 2023

'Whatever I have directed has been so far from my world.'

Apple unveils iPhone 14: Satellite SOS, no SIM tray in US

Apple unveils iPhone 14: Satellite SOS, no SIM tray in US

Rediff.com8 Sep 2022

Apple unveiled its highly anticipated iPhone 14 during its 'Far Out' event on Wednesday along with the iPhone 14 Plus variant, the iPhone 14 Pro and Pro Max. This new lineup is inspired by the iPhone 13, with sharp metal edges, rounded corners, a glass back, the recognisable notch at the top of the handset, and a lightning port.

Shah, Yogi helm BJP meet to finalise UP poll campaign

Shah, Yogi helm BJP meet to finalise UP poll campaign

Rediff.com11 Jan 2022

Union Home Minister Amit Shah and Uttar Pradesh Chief Minister Yogi Adityanath attended a key BJP meeting in New Delhi on Tuesday as party leaders discussed the ongoing campaign for the state assembly polls ahead of the announcement of its candidates for the initial phases in a few days.

Is The Congress Doomed?

Is The Congress Doomed?

Rediff.com7 Dec 2023

The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.

'Muslims are beginning to warm up to BJP'

'Muslims are beginning to warm up to BJP'

Rediff.com27 Jul 2022

'BJP has risen to second spot, ahead of the BSP, as the political party of choice for Muslims in UP.' 'Only the BJP government has worked tirelessly to usher in the minorities to the mainstream of society'

RBI springs a surprise, keeps repo rates unchanged at 6.5%

RBI springs a surprise, keeps repo rates unchanged at 6.5%

Rediff.com6 Apr 2023

After raising interest rate by a cumulative 250 basis points in 11 months, the Reserve Bank of India (RBI) on Thursday unexpectedly kept benchmark rate unchanged as global banking woes added uncertainty to the economic outlook. Five out of six members of MPC voted to remain focused on the withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike seen in previous six consecutive policies.

The Political Mindset On Jobs Needs Change

The Political Mindset On Jobs Needs Change

Rediff.com20 Jun 2023

The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.

Shoppers need not stop: Dynamics of in-store payments is being rewritten

Shoppers need not stop: Dynamics of in-store payments is being rewritten

Rediff.com12 Jun 2023

In March this year, Worldline India launched Vabox (Voice Alert Box): merchants will now get instant audio alerts on the settlement of UPI (Unified Payments Interface) payments via QR codes in languages of their choice when customers check out. "They needn't worry whether the amount has been credited to their account," says Gulshan Pruthi, the firm's executive vice-president. The French payments giant will roll out 500,000 Vaboxes in the initial phase.

Key challenge for Sundararaman Ramamurthy, the new BSE chief

Key challenge for Sundararaman Ramamurthy, the new BSE chief

Rediff.com8 Dec 2022

Sundararaman Ramamurthy has been an interesting choice for the publicly-listed BSE, which has seen its chief move to bigger rival -- the National Stock Exchange (NSE) -- in July. Having spent nearly two decades at the country's largest bourse, Ramamurthy is among the early architects of NSE and understands all the cogs of the exchange wheel like only a few others in the country. Just like NSE's core team, which includes its founder RH Patil, the 59-year-old Ramamurthy has worked at the Industrial Development Bank of India (IDBI) before moving to NSE in 1995.

The next telecom battle in India is about to begin

The next telecom battle in India is about to begin

Rediff.com30 Aug 2022

The merits and demerits of the telcos' 5G strategy however is clearly dependent on the financial muscle of players, reports Surajeet Das Gupta.

Rs 9000-cr worth of IPOs lined up for next few weeks

Rs 9000-cr worth of IPOs lined up for next few weeks

Rediff.com17 Oct 2022

IPO market hopes to come out of slump in festive season, reports Sundar Sethuraman.

The latest hiring trend at the IITs!

The latest hiring trend at the IITs!

Rediff.com9 Jan 2017

Core sectors like manufacturing were the second largest recruiters at the newer IITs.

The Curious Case Of Andhra Pradesh Capitals

The Curious Case Of Andhra Pradesh Capitals

Rediff.com17 Feb 2023

The idea of three capitals has not been abandoned, even as the state lurches from financial crisis to crisis.

Facebook follows Twitter, set for huge layoffs: WSJ

Facebook follows Twitter, set for huge layoffs: WSJ

Rediff.com7 Nov 2022

After job cuts at Twitter, Facebook's parent company Meta is planning to begin "large-scale layoffs" this week in what could be the largest reduction to date at a "major technology corporation in a year that has seen a tech-industry retrenchment," a media report said.

Reliance Jio's purchase of 700 MHz likely to give it edge over rivals

Reliance Jio's purchase of 700 MHz likely to give it edge over rivals

Rediff.com10 Aug 2022

Reliance Jio's decision to acquire 700 MHz in combination with the possible use of an advanced standalone (SA) 5G network could give it an edge over its rivals, according to most analysts. The dissenters argue that the stiff price tag touching Rs 40,000 crore to grab 10 MHz of spectrum in 700 to provide coverage for its SA 5G network which offers ultra-low latency (unlike non-standalone or NSA), has a long way to go in India in terms of finding use cases that can be monetised. Globally, 700 MHz is a pivotal band which provides huge coverage, indoor penetration (especially useful in India where walls are thick) and is already considered by the European Union to be the 'pioneer band' for 5G, with 3.5 GHz and 26 GHz, both of which were auctioned in India recently.

Tax on interest of retail depositors needs relook: SBI

Tax on interest of retail depositors needs relook: SBI

Rediff.com21 Sep 2021

Retail depositors are earning negative returns on their bank deposits and hence, there is a need for reviewing taxes on interest earned, economists at the country's largest lender SBI have said. If not for all the depositors, the taxation review should be carried out for at least the deposits made by senior citizens who depend on the interest for their daily needs, the economists led by Soumya Kanti Ghosh said in a note, which pegged the overall retail deposits in the system at Rs 102 lakh crore. At present, banks deduct tax at source at the time of crediting interest income of over Rs 40,000 for all the depositors, while for senior citizens the taxes set-in if the income exceeds Rs 50,000 per year.

20-min pizza promise by Domino's gets stuck in traffic, kitchen

20-min pizza promise by Domino's gets stuck in traffic, kitchen

Rediff.com8 Mar 2023

As promised, Domino's 20-minute delivery started across 170 stores in Bengaluru on Tuesday. But, as the day progressed, some teething issues came to the fore. If delivery partners' accounts are anything to go by, these are unlikely to go away anytime soon.

Kharge to pick Karnataka CM based on opinions of all Cong MLAs

Kharge to pick Karnataka CM based on opinions of all Cong MLAs

Rediff.com15 May 2023

The Congress Legislature Party, which met at a private hotel in Bengaluru on Sunday evening, passed a unanimous resolution authorising the party chief to pick its leader.

Political pundits in for surprise as alliances shift in West Bengal

Political pundits in for surprise as alliances shift in West Bengal

Rediff.com1 Mar 2016

As electoral sails shift in the dynamic political winds of West Bengal, two factors may still change the electoral equations are how the BJP fares this time and how Muslims are going to vote. Mayank Mishra reports.

Assam polls: 'Infiltration, misgovernance' to be BJP-AGP combine's core issues

Assam polls: 'Infiltration, misgovernance' to be BJP-AGP combine's core issues

Rediff.com3 Mar 2016

The AGP, which has ruled the state on its own twice, will play the junior partner and contest 24 seats while the rest 126 will be divided among BJP and three smaller outfits, with the saffron party leading the alliance.

Byju's to lay off 2,500 staffers, targets profitability by March

Byju's to lay off 2,500 staffers, targets profitability by March

Rediff.com13 Oct 2022

Edtech giant Byju's is set to lay off nearly 2,500, or 5 per cent, of its employees as part of an "optimisation" plan. The move by India's most valuable start-up comes amid a funding winter and steep losses. "To avoid redundancies and duplication of roles, and by leveraging technology better, around 5 per cent of Byju's 50,000-strong workforce is expected to be rationalised across product, content, media, and technology teams in a phased manner," said the company in a statement. In June, Byju's laid off about 600 employees at its group companies -WhiteHat Jr and Toppr.

Why Do Banks Hide Losses?

Why Do Banks Hide Losses?

Rediff.com21 Mar 2023

Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.

Tech spend in 2021 to be better than last 2 years: Nasscom survey

Tech spend in 2021 to be better than last 2 years: Nasscom survey

Rediff.com24 Mar 2021

With the economy gaining pace and large deals back on the table, chief executive officers (CEOs) of tech companies believe global tech spending will witness growth this year. According to CEO Survey by Nasscom, about 71 per cent chief executives expect global spend to grow over 4 per cent. The figure is significantly higher than the previous two years - 41 per cent and 59 per cent in 2019 and 2020, respectively. The survey also said the recovery in global tech spending will be led by the digital segment.

How Millennials Ditched Big Fat Weddings

How Millennials Ditched Big Fat Weddings

Rediff.com22 Apr 2022

Modern Indian weddings are no longer just about scrumptious menus, flashy decors, and extravaganza events. It's more about thoughtfulness, personalisation, and celebrating with loved ones, observes Anam Zubair, associate director of marketing, WeddingWire India.

IPL turns 'Sweet 16'! The driving force of the glitzy league

IPL turns 'Sweet 16'! The driving force of the glitzy league

Rediff.com30 Mar 2023

As the 16th edition of the glitzy Indian Premier League is set to unfold, let's take a look at the driving force of the T20 league and what's in store in this edition.

Sebi working on new ASBA-like payment system for secondary trades: Buch

Sebi working on new ASBA-like payment system for secondary trades: Buch

Rediff.com22 Sep 2022

The Securities and Exchange Board of India (Sebi) is working on a new payment system for the secondary market, which could prevent brokers from accessing their client funds. It will be on the lines of the Application Supported by Blocked Amount (ASBA) process used for subscribing to initial public offerings (IPOs), where funds move out of an investor's bank account only after the trade is confirmed. Sebi chairperson Madhabi Puri Buch on Wednesday said that despite the challenges, the new system would be ready in a few months.

Drishyam 2 Review: Nothing Believable About It!

Drishyam 2 Review: Nothing Believable About It!

Rediff.com18 Nov 2022

Subtlety has never been a strong suit of Bollywood remakes. They cannot resist adding that extra something or going overboard, sighs Sukanya Verma.

Punjab parties reward turncoats with poll tickets

Punjab parties reward turncoats with poll tickets

Rediff.com31 Jan 2022

Prominent among these include former sports minister and sitting MLA Gurmit Singh Sodhi, MLA Fatehjang Singh Bajwa and former minister Anil Joshi.