News for 'Current Prices'

Budget 2025: What realtors want from Nirmala Sitharaman

Budget 2025: What realtors want from Nirmala Sitharaman

Rediff.com13 Jan 2025

As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.

Average airfares around Diwali drop 20-25% on many routes

Average airfares around Diwali drop 20-25% on many routes

Rediff.com13 Oct 2024

Air passengers might have a reason to smile this Diwali season as average airfares on many domestic routes have dropped 20-25 per cent compared to the year-ago period, according to an analysis. Increased capacity and the recent fall in oil prices are considered to be among the factors for the fall in air ticket prices. The analysis by travel portal ixigo showed that average airfare on the domestic routes have declined in the range of 20-25 per cent.

Sovereign Gold Bonds On Way Out

Sovereign Gold Bonds On Way Out

Rediff.com16 Dec 2024

'It has also outlived its initial purpose of reducing physical gold imports.'

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.'

Wake-Up Call For India-US Ties

Wake-Up Call For India-US Ties

Rediff.com14 Feb 2025

The real intention of the 'Tariff Man' (as Trump calls himself) may not even be to put the 'Tariff King' (as he describes India) on the mat with a knockout punch but to arm-twist the Indian leadership to agree to some multi-billion dollar mega arms deal, argues Ambassador M K Bhadrakumar.

Onion prices seen to fall below Rs 40/kg by Jan

Onion prices seen to fall below Rs 40/kg by Jan

Rediff.com11 Dec 2023

The government expects onion prices to fall below Rs 40 per kilogram by January from the current average price of Rs 57.02 per kilogram, Consumer Affairs secretary Rohit Kumar Singh said on Monday. Last week, the government banned onion exports till March next year after the retail sales price of the kitchen staple crossed Rs 80 per kg in the national capital and the prices in mandis remained around Rs 60 per kg. To a query on when the onion prices are expected to fall below Rs 40 per kg, Singh said, "very soon... January"

Godrej Consumer starts price war in liquid detergents

Godrej Consumer starts price war in liquid detergents

Rediff.com14 Dec 2023

Godrej Consumer Products has launched a new brand of liquid detergent Godrej fab in South India, four decades after introducing Godrej Ezee, the country's first specialised liquid detergent tailored for winter wear and woollens, in 1983. The Mumbai-based company decided to launch another brand of liquid detergent despite having Godrej Genteel liquid detergent.

Is This Right Time To Buy A Home?

Is This Right Time To Buy A Home?

Rediff.com18 Oct 2024

For those looking for more affordable options, purchasing an under-construction property could be a smart move, as these generally cost less than ready-to-move-in properties.

Investors return to IPOs with Rs 2.2 trillion bids across three offerings

Investors return to IPOs with Rs 2.2 trillion bids across three offerings

Rediff.com14 Dec 2024

It is not just the secondary market that is witnessing a revival in fortunes. Even the initial public offering (IPO) market have roared back to life, with investors submitting bids worth over Rs 2.2 trillion on the three IPOs that wrapped up on Friday. Fashion retailer Vishal Mega Mart (VMM)'s IPO (fifth largest of the year) garnered 27.3x subscription, with bids exceeding Rs 1.6 trillion.

GDP growth slows to 15-month low of 6.7% in Apr-Jun

GDP growth slows to 15-month low of 6.7% in Apr-Jun

Rediff.com30 Aug 2024

India's economic growth slowed to a 15-month low of 6.7 per cent in April-June 2024-25, mainly due to poor performance of the agriculture and services sectors, government data showed on Friday. The gross domestic product (GDP) expanded by 8.2 per cent in the April-June quarter of 2022-23. India, however, remained the fastest-growing major economy, as China posted a 4.7 per cent growth in April-June 2024.

RBI to Hold Rates Steady at 6.50%

RBI to Hold Rates Steady at 6.50%

Rediff.com29 Nov 2024

'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.'

How To Earn Money Post-Retirement...

How To Earn Money Post-Retirement...

Rediff.com31 Dec 2024

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

'Markets To Undergo Time Correction'

'Markets To Undergo Time Correction'

Rediff.com24 Oct 2024

'Future market gains will likely depend primarily on earnings growth.'

Fundraising via equity, debt hit all-time high in 2024

Fundraising via equity, debt hit all-time high in 2024

Rediff.com10 Jan 2025

Fundraising by Indian corporates through equity and debt reached all-time high in the calendar year 2024, according to primedatabase.com. The overall public equity fundraising stood at Rs 3.7 trillion in 2024, a rise of 159 per cent from Rs 1.4 trillion in 2023. If Rights Issues of Rs 25,973 crore were to be added, the overall equity fundraising would touch nearly Rs 4 trillion in 2024.

Sitharaman urges banks to make loans affordable

Sitharaman urges banks to make loans affordable

Rediff.com18 Nov 2024

Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Speaking at an event organised by State Bank of India, the finance minister said that at present, India requires industry to ramp up and invest in new facilities, and added that lowering lending rates can help achieve the "Viksit Bharat" aspiration.

EV sales in India up 27% in 2024 miss 2 million mark by a whisker

EV sales in India up 27% in 2024 miss 2 million mark by a whisker

Rediff.com30 Dec 2024

India's electric vehicle (EV) industry hit a new milestone in 2024, with sales surging 26.5 per cent year-on-year to 1.94 million units as of December 29, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH).

Rupee Declines. Add Gold To Portfolio

Rupee Declines. Add Gold To Portfolio

Rediff.com4 Dec 2024

New investors should gradually build a 5 to 10 per cent allocation to gold.

'All Algo Orders Shall Be Tagged'

'All Algo Orders Shall Be Tagged'

Rediff.com14 Dec 2024

'There has been a spurt of algo platforms, and algo developers, which are neither empaneled nor regulated, but are still active in the ecosystem.'

M&M's growth engines roar to life, launches to drive gains

M&M's growth engines roar to life, launches to drive gains

Rediff.com13 May 2024

The stock of Mahindra & Mahindra (M&M) has been touching successive all-time highs on the bourses and, over the past year, gained 81 per cent. While the S&P BSE Auto Index has not performed poorly, registering gains of 73 per cent, it still trails the company by 800 basis points (bps) during this period. There are multiple reasons why investors are beating a path to M&M's counter.

Drop Labuschagne for Adelaide Test: Johnson

Drop Labuschagne for Adelaide Test: Johnson

Rediff.com30 Nov 2024

Former pacer Mitchell Johnson reckons that Australia should drop out-of-form Marnus Labuschagne from the playing XI for the day-night Adelaide Test against India.

Supreme Industries stock sinks on weak Q2 show

Supreme Industries stock sinks on weak Q2 show

Rediff.com12 Nov 2024

The stock of the country's largest plastic pipe maker Supreme Industries has shed 22 per cent since its highs in October. The September quarter results were below expectations as the volatility in polyvinyl chloride (PVC) resin prices led to a major destocking across the trade channel.

Violent strike over high prices in PoK enters Day 4

Violent strike over high prices in PoK enters Day 4

Rediff.com13 May 2024

The disputed region witnessed clashes on Saturday between the police and activists of a rights movement, leaving at least one police official dead and injuring over 100 people, mostly policemen.

RBI, Always Watchful, Always Vigilant

RBI, Always Watchful, Always Vigilant

Rediff.com2 Jan 2025

The RBI has changed the way it approached supervision in the past. Having seen a couple of collapses in the NBFC sector and the near-collapse of a few banks, it is focusing on regular drills to prevent a fire from breaking out, explains Tamal Bandyopadhyay.

PVR Inox shares hit 44-month low; stock has tanked 23% from December high

PVR Inox shares hit 44-month low; stock has tanked 23% from December high

Rediff.com8 Jan 2025

PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise firm market, driven by growth concerns. The stock has slipped 23 per cent from its December high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.7 from June 4, 2024, and is trading at its lowest level since May 2021.

Hyundai makes muted market debut, fall nearly 6% post listing

Hyundai makes muted market debut, fall nearly 6% post listing

Rediff.com22 Oct 2024

Shares of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, on Tuesday made a muted market debut and further fell by nearly 6 per cent against the issue price of Rs 1,960. The stock listed at Rs 1,931, reflecting a decline of 1.47 per cent from the issue price on the BSE. Later, the stock made some recovery and hit a high of Rs 1,968.80, up 0.44 per cent.

Must Read: Advice For SIP Investors

Must Read: Advice For SIP Investors

Rediff.com11 Feb 2025

'Regardless of whether you invest Rs 100 or Rs 1 crore per month, risk is inevitable.' 'Positive returns at the end of the year can never be guaranteed.' 'This is a fundamental truth every SIP investor must grasp.'

Lab Or Natural? What Diamond Would You Prefer?

Lab Or Natural? What Diamond Would You Prefer?

Rediff.com12 Dec 2024

Suddenly, the legendary advertising line -- a diamond is forever -- is losing its shine.

'Disgusting To See Bangladeshis Turning Backs On India'

'Disgusting To See Bangladeshis Turning Backs On India'

Rediff.com28 Feb 2025

'The present generation, either due to historical amnesia or political propaganda, has been fed a narrative that paints India as an adversary rather than an ally.'

'GDP Numbers Will Be A Distant Memory'

'GDP Numbers Will Be A Distant Memory'

Rediff.com30 Nov 2024

Latest GDP growth numbers a one-off development and not the beginning of a trend, says CEA V Anantha Nageswaran.

Mid, Smallcap Stocks In Bear Market

Mid, Smallcap Stocks In Bear Market

Rediff.com28 Nov 2024

'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'

Rahul vs Scindia, royals over 'Maharaja' remarks

Rahul vs Scindia, royals over 'Maharaja' remarks

Rediff.com28 Jan 2025

Addressing a rally in Mhow on Monday, Gandhi said Dalits, backwards and tribals had no rights before Independence, when "only maharajas and rajas enjoyed rights".

Lack of charging infra a shock for booming EV market

Lack of charging infra a shock for booming EV market

Rediff.com11 Feb 2025

Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.

Stress fracture in market's rise, time to sling caution

Stress fracture in market's rise, time to sling caution

Rediff.com9 Dec 2024

Analysts are warning of growing risks to the market's sustained momentum, and even to the possibility of consolidation at current levels. Domestically, markets are grappling with several challenges, including a slowing economy, as indicated by the latest GDP data for the July-September (Q2) quarter of 2024-25 (FY25), sticky inflation, fluctuations in the rupee, waning consumption, and high interest rates.

Will CNG become costlier in Mumbai, Delhi?

Will CNG become costlier in Mumbai, Delhi?

Rediff.com17 Oct 2024

The government has slashed by up to a fifth the supplies of cheaper gas to city gas entities that retail CNG to automobiles, increasing their dependence in costly imported fuel. Buying costly imported gas to make up for the shortfall should result in a hike in CNG price but given the ensuing assembly elections in Maharashtra, that may be put off for now. Indraprastha Gas Ltd and Mahanagar Gas Ltd in regulatory filings stated that supplies of domestically produced gas, which was available at a capped rate which is half of the imported price, has been cut.

Govt revises gas pricing formula; CNG, piped cooking gas to cost 10% less

Govt revises gas pricing formula; CNG, piped cooking gas to cost 10% less

Rediff.com6 Apr 2023

The Union Cabinet on Thursday approved a revision in the formula for pricing of natural gas and imposed cap or ceiling price to help cut CNG and piped cooking gas prices by up to 10 per cent. Natural gas produced from legacy or old fields, known as APM gas, will now be indexed to the price of imported crude oil instead of benchmarking it to gas prices in four surplus nations such as the US, Canada and Russia, Union I&B Miniser Anurag Thakur told reporters after a meeting of the Cabinet. APM gas will be priced at 10 per cent of the price of basket of crude oil that India imports (Indian basket of crude oil).

Sensex, Nifty close flat amid unabated FII selling

Sensex, Nifty close flat amid unabated FII selling

Rediff.com11 Nov 2024

Tata Steel, Bajaj Finance, Mahindra & Mahindra, JSW Steel, NTPC, Adani Ports, Bajaj Finserv and Larsen & Toubro were also among the laggards. However, Power Grid, HCL Technologies, Infosys, Tech Mahindra, Tata Consultancy Services and ICICI Bank were among the gainers.

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Rediff.com27 Dec 2024

Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for Rs 247 crore. This is about 2.2x FY24 (financial year 2023-24) enterprise value (EV)/sales and estimated 14x FY26 EV/Ebitda for the deal.

Healthy growth outlook, market share gains positive for Marico

Healthy growth outlook, market share gains positive for Marico

Rediff.com8 Nov 2024

Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry. The company reported consolidated revenue growth of 8 per cent year-on-year (Y-o-Y) in Q2FY25. Domestic revenue growth was 8 per cent Y-o-Y with 5 per cent volume growth (4 per cent in Q1FY25).

How Watching Movies Is Going To Change

How Watching Movies Is Going To Change

Rediff.com20 Dec 2024

FLEXI Show will give the audience the freedom to leave the movie hall at any point while paying only for the time they watched it.

Festival season, discounts boost Ola Electric sales

Festival season, discounts boost Ola Electric sales

Rediff.com16 Oct 2024

Under regulatory scanner, Bengaluru-based Ola Electric has witnessed an uptick in its sales after facing a decline during the last few months. The company's daily average sales rose to 1,154 units in October, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH). With sales reaching 17,315 units between October 1 and October 15, the company has also boosted its market share to 34 per cent, up from 27 per cent in September, in the electric two-wheeler (e2W) segment.