News for 'Current Prices'

'BJP Won't Be Able To Form Government In Bengal in 2026'

'BJP Won't Be Able To Form Government In Bengal in 2026'

Rediff.com21 Apr 2025

'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'

'We Have Doubled Our Exposures To India'

'We Have Doubled Our Exposures To India'

Rediff.com19 Mar 2025

'Expect India to keep doing well irrespective of geopolitics.'

Video: First Drive Of Mahindra XEV 9e

Video: First Drive Of Mahindra XEV 9e

Rediff.com9 Jan 2025

Test drives for these vehicles will start in a phased manner from January 24, and bookings will begin from February 14.

Crypto assets can negatively impact financial stability, says RBI report

Crypto assets can negatively impact financial stability, says RBI report

Rediff.com31 Dec 2024

Widespread use of crypto assets, including stablecoins, can have a negative impact on the macroeconomic and financial stability of a country, the Reserve Bank of India (RBI) said on Monday. In its Financial Stability Report (FSR), the banking regulator highlighted that excessive use of crypto assets can reduce effectiveness of monetary policy, worsen fiscal risks, circumvent capital flow management measures, divert resources available for financing the real economy and threaten global financial stability.

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Rediff.com12 Mar 2025

Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.

IPL Auction: Top Players Who Went Unsold

IPL Auction: Top Players Who Went Unsold

Rediff.com24 Nov 2024

David Warner was among the high-profile players who went unsold on Day 1 of the Indian Premier League 2025 mega auction in Jeddah on Sunday.

US firms can now hire Indian graduates from top universities

US firms can now hire Indian graduates from top universities

Rediff.com27 Feb 2025

US President Donald Trump has said that the newly proposed 'gold card' initiative will allow American companies to hire Indian graduates from top US universities like Harvard and Stanford. Trump on Wednesday unveiled the 'gold card' initiative for wealthy foreigners, giving them the right to live and work in the country and offering a path to citizenship in exchange for a $5 million fee.

Sensex rises 227 points on buying in blue-chip stocks

Sensex rises 227 points on buying in blue-chip stocks

Rediff.com30 Jan 2025

From the 30-share blue-chip pack, Bharti Airtel, Power Grid, Bajaj Finance, Nestle, Mahindra & Mahindra, Reliance Industries, Asian Paints, IndusInd Bank, Hindustan Unilever and HDFC Bank were the biggest gainers. Bajaj Finance climbed nearly 2 per cent after the company reported an 18 per cent increase in its consolidated net profit to Rs 4,308 crore for the December quarter.

Investing In ETFs: What You Must Know

Investing In ETFs: What You Must Know

Rediff.com6 Jan 2025

'One should not invest more than 5 to 10 per cent of their overall portfolio exposure in global or international funds.'

'BJP Will Come To Power In Kerala In 2026'

'BJP Will Come To Power In Kerala In 2026'

Rediff.com10 Apr 2025

'In today's political spectrum, it is the Bharatiya Janata Party that always says, nation first.'

A bleak Q3 awaits FMCG companies?

A bleak Q3 awaits FMCG companies?

Rediff.com5 Jan 2025

Hit by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth.

LPG price cut by Rs 100/cylinder

LPG price cut by Rs 100/cylinder

Rediff.com8 Mar 2024

Prime Minister Narendra Modi on Friday announced a Rs 100 per cylinder cut in cooking gas LPG price to ease financial burden on households. Non-subsidised cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national capital with effect from midnight of Friday/Saturday, official sources said. Prices vary from state to state depending on the incidence on local taxes.

Will Modi Opt For More Energy Imports From US?

Will Modi Opt For More Energy Imports From US?

Rediff.com11 Feb 2025

US shale oil would act as an alternative to India's heavy dependency on Russian crude, which is currently facing sanctions.

Before Buying Home, Consider This...

Before Buying Home, Consider This...

Rediff.com26 Dec 2024

'Consider your household's financial health and all your other goals.' 'Buying a house might seem like an urgent goal, but it is rarely the only one.'

New initiatives, margin gain hopes positives for Delhivery

New initiatives, margin gain hopes positives for Delhivery

Rediff.com27 Nov 2024

Logistics major Delhivery has had promising Q2FY25 results. The Q2FY25 consolidated revenue was Rs 2,190 crore (up 0.8 per cent quarter-on-quarter or Q-o-Q and 12.8 per cent year-on-year or Y-o-Y). Express parcel revenue was Rs 1,300 crore, (up 1.7 per cent Q-o-Q/7.3 per cent Y-o-Y) alongside better yield (+5 per cent Y-o-Y) in the segment.

HDFC Bank Q3 a 'strong' quarter despite just 2% profit growth: Analysts

HDFC Bank Q3 a 'strong' quarter despite just 2% profit growth: Analysts

Rediff.com24 Jan 2025

Analysts have largely maintained their positive outlook on HDFC Bank, as the private lender reported in-line results for the October-December quarter (Q3) of the current financial year (2024-25/FY25). They believe the results were 'strong' given the tough macro environment, and relative to peers.

'Trump's Hopes For India's Tariff Cuts Too Ambitious'

'Trump's Hopes For India's Tariff Cuts Too Ambitious'

Rediff.com2 Apr 2025

'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'

Flying from Mumbai airport to get costlier following user fee hike plan

Flying from Mumbai airport to get costlier following user fee hike plan

Rediff.com18 Mar 2025

Mumbai International Airport (MIAL) has proposed a significant increase in User Development Fee (UDF) for international passengers, while domestic passengers will be charged a UDF for the first time. However, MIAL also proposed a 35% reduction in landing and parking charges, aiming to balance infrastructure development with cost-effective air travel for airlines. The new tariff structure is subject to approval by the Airport Economic Regulatory Authority (AERA).

Budget should cut taxes to boost consumption: Barclays

Budget should cut taxes to boost consumption: Barclays

Rediff.com23 Jan 2025

The government in FY26 Budget should announce an "effective" personal income tax cut to support consumption and demand, Barclays said on Thursday. In its FY25-26 Union Budget preview, Barclays said the key ask from the Budget, to be presented on February 1, is to support growth while adhering to fiscal consolidation path.

Nifty's 2nd Worst Losing Streak in 30 Years

Nifty's 2nd Worst Losing Streak in 30 Years

Rediff.com27 Feb 2025

The index could be vulnerable to a bigger fall given the present market dynamics.

Why Hyundai Is Not Worried as Car Demand Slows In India

Why Hyundai Is Not Worried as Car Demand Slows In India

Rediff.com16 Sep 2024

As there is a moderation in car sales, dealer stock levels across the entire industry have surged to alarming heights. However, the situation is under control at HMIL.

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

Rediff.com28 Jan 2025

Defying the bearish sentiment in the markets on Monday, ICICI Bank's share price rose by 2 per cent, reaching an intraday high of Rs 1,234.4 per share on the BSE. With a 1.5 per cent gain at the close, the stock emerged as the top performer on both the BSE Sensex and the National Stock Exchange Nifty 50 indices.

Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

Rediff.com29 Feb 2024

India's economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian economy recorded a growth of 8.4 per cent in the third quarter of this fiscal (October-December 2023), according to data released by the National Statistical Office (NSO) on Thursday.

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

Don't Blame Tax Rate For Market Volatility

Don't Blame Tax Rate For Market Volatility

Rediff.com7 Mar 2025

'Tax rate and stock markets are entirely two different things.'

Journalist mistakenly added to Trump's Yemen war plans group

Journalist mistakenly added to Trump's Yemen war plans group

Rediff.com25 Mar 2025

Security experts have warned that using Signal for discussions of this nature violates every established protocol for handling classified information.

Highest Selling New Drug In India Is...

Highest Selling New Drug In India Is...

Rediff.com11 Feb 2025

Enhertu currently costs around Rs 1.6 lakh per 100-milligram injection.

Mercedes to roll out 8 models in 2025

Mercedes to roll out 8 models in 2025

Rediff.com9 Jan 2025

Luxury carmaker Mercedes-Benz India plans to roll out 8 new models, including battery electric vehicles, this year as it looks to sustain sales momentum having posted record sales in 2024. The company sold 19,565 units last year, registering a growth of 12 per cent as compared to 17,408 units in 2023.

'We Are Always Watchful. We Will Be Nimble'

'We Are Always Watchful. We Will Be Nimble'

Rediff.com8 Feb 2025

'We will be very, very proactive in providing whatever liquidity requirements are needed.'

BFSI sector valuation discount at new high

BFSI sector valuation discount at new high

Rediff.com4 Oct 2024

Companies in the banking, finance sector and insurance (BFSI) sector have underperformed on the bourses despite leading the earnings growth charts in the post-pandemic period. This has created a dichotomy between their earnings and share prices. BFSI companies have never been less expensive than the rest of the equity market.

'Tata, Mahindra Will Not Allow Tesla to Dominate'

'Tata, Mahindra Will Not Allow Tesla to Dominate'

Rediff.com28 Feb 2025

'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'

Iron-ore price recovery, steady demand positive for NMDC

Iron-ore price recovery, steady demand positive for NMDC

Rediff.com18 Apr 2024

Its 11MFY24 production is around 40.2 mt. In FY25, it could hit 50 mt and it may reach 55 mt by FY26. The PSU has capex plans for multiple projects, which should improve the product mix and augment capacity to 100 mt for FY30.

Analysts eye 34% upside in RIL post Q3; Jefferies, Citi, CLSA, MS upbeat

Analysts eye 34% upside in RIL post Q3; Jefferies, Citi, CLSA, MS upbeat

Rediff.com18 Jan 2025

India's most valued company, Reliance Industries Ltd (RIL), reported a robust performance in the third quarter of the current financial year (Q3FY25), surpassing analyst expectations. This coupled with positive commentary by brokerages led to the stock of the oil-to-telecom conglomerate surging as much as 4.44 per cent to hit an intraday high of Rs 1,325.1. It settled at Rs 1,301.3 apiece, up 2.57 per cent.

Rupee depreciation may exacerbate market sell-off if downtrend continues

Rupee depreciation may exacerbate market sell-off if downtrend continues

Rediff.com21 Jan 2025

Rupee depreciation, if it continues, will likely pull the markets down further. Since September 2024, the rupee has declined by 3.1 per cent, the Nifty has dropped by 8.5 per cent during the same period, and the Sensex has fallen by 7.3 per cent. If the decline continues, markets will need to brace for more pain as it could push foreign portfolio investors (FPIs) to exit their positions faster than anticipated.

How Weak Rupee Affects Your Travel Plans

How Weak Rupee Affects Your Travel Plans

Rediff.com22 Jan 2025

Many travellers are now opting for domestic destinations like Goa, Kerala, Rajasthan, Lakshadweep, Himachal Pradesh, and the North East.

India's gold demand up 8% in Q4 despite high price

India's gold demand up 8% in Q4 despite high price

Rediff.com30 Apr 2024

India's gold demand rose 8 per cent annually to 136.6 tonne in the March quarter helped by a strong economic environment despite prices touching historic highs, according to the World Gold Council. The aggressive gold buying by the Reserve Bank of India (RBI) also contributed to the rise in demand. India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore during the January-March period of this year on volume growth as well as a rise in quarterly average prices by 11 per cent.

2.56 Lakh Crore: Why FIIs Are Selling Indian Stocks

2.56 Lakh Crore: Why FIIs Are Selling Indian Stocks

Rediff.com31 Jan 2025

'Of the 20 trading days of January till January 28, FIIs have been selling for 19 trading days'. 'When did FIIs withdraw money with this kind of intensity?' 'It never happened. It's the first. It did not happen even during the 2008-2009 financial crisis when Lehman went under.' 'Even then you did not have like a 19-day selling spree from the FIIs.'

HSBC downgrades Indian stock markets to 'neutral' from 'overweight' for 2025

HSBC downgrades Indian stock markets to 'neutral' from 'overweight' for 2025

Rediff.com9 Jan 2025

As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral". In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated. After annualized growth of 25 per cent in recent years, profits appear to have softened while valuations are elevated at 23x forward earnings.

'Early Retirement: Smart Move Or Stupid Idea?'

'Early Retirement: Smart Move Or Stupid Idea?'

Rediff.com21 Mar 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Tractor recovery, new launches to maintain volume momentum for M&M

Tractor recovery, new launches to maintain volume momentum for M&M

Rediff.com17 Feb 2025

Mahindra & Mahindra (M&M) delivered a stronger-than-expected operational performance in the October-December quarter (Q3) of 2024-25 (FY25), driven by solid growth in its automotive (auto) and farm equipment segments. Higher volumes improved operating leverage, expanding margins.