News for 'Development Prospects Group'

Sonia leans on Congress old guard to defuse Rajasthan crisis

Sonia leans on Congress old guard to defuse Rajasthan crisis

Rediff.com27 Sep 2022

Congress observers for Rajasthan on Tuesday recommended disciplinary action against three key loyalists of Ashok Gehlot but did not seek any action against the chief minister, as the party scampered to resolve the crisis that has cast a shadow on the election of the party president.

Eknath Shinde to be new Maharashtra CM, will take oath today

Eknath Shinde to be new Maharashtra CM, will take oath today

Rediff.com30 Jun 2022

Shiv Sena leader Eknath Shinde will be the new chief minister of Maharashtra, Bharatiya Janata Party leader Devendra Fadnavis said on Thursday.

Public authority's power only to be used for public good, says SC

Public authority's power only to be used for public good, says SC

Rediff.com28 Oct 2021

A public authority possesses power only to use it for public good and this imposes a solemn duty on the State to act impartially and to adopt a procedure of allotment of licence which is 'fair play in action,' the Supreme Court has said.

'High-frequency indicators suggest recovery in economic activity'

'High-frequency indicators suggest recovery in economic activity'

Rediff.com25 Oct 2021

International Monetary Fund Chief Economist Gita Gopinath tells Indivjal Dhasmana high-frequency indicators for the third quarter of 2021 indicate momentum in economic recovery in India.

'My wife doesn't message or call me. What to do?'

'My wife doesn't message or call me. What to do?'

Rediff.com24 Aug 2023

rediffGURU Anu Krishna, a mental health coach and NLP practitioner, offers expert advice on how to take charge of your life.

Mukesh Ambani is largest wealth creator; Adani most consistent

Mukesh Ambani is largest wealth creator; Adani most consistent

Rediff.com15 Dec 2021

Oil-to-telecom conglomerate Reliance Industries (RIL) has emerged as the country's largest wealth creator, adding a staggering Rs 9.6 trillion over the past five years, according to Motilal Oswal's 26th Annual Wealth Creation Study. In doing so, the Mukesh Ambani-led company has beaten its own record of Rs 5.6 trillion generated in 2014-19. The study covered financial year 2015-16 (FY16) to FY21 and ranks the top 100 companies in descending order of absolute wealth created, subject to the company's stock price outperforming the BSE Sensex. The firms were also ranked according to speed (price CAGR during the period).

Lingayats hold key for 50 seats in Kittur Karnataka region

Lingayats hold key for 50 seats in Kittur Karnataka region

Rediff.com7 Apr 2023

The Bharatiya Janata Party had won 30 of the total 50 seats in the region in the 2018 assembly polls, followed by Congress 17, Janata Dal-Secular 2, and others (KPJP-Shankar) 1.

FIFA move extremely harsh: Bhaichung Bhutia

FIFA move extremely harsh: Bhaichung Bhutia

Rediff.com16 Aug 2022

This is the first time the All India Football Federation (AIFF) has been banned by FIFA in its 85 year history.

Will Kharge's win as Cong prez help party regain lost Dalit base in K'taka?

Will Kharge's win as Cong prez help party regain lost Dalit base in K'taka?

Rediff.com23 Oct 2022

The veteran leader is also expected to use his good offices in unifying the faction-ridden party in the state, ahead of assembly elections just six months away.

FPIs dump shares with record net outflow of Rs 1.2 lakh cr in 2022

FPIs dump shares with record net outflow of Rs 1.2 lakh cr in 2022

Rediff.com28 Dec 2022

After three consecutive years of infusing huge funds, foreign portfolio investors retreated from the Indian equity markets in a big way in 2022 with the highest-ever yearly net outflow of nearly Rs 1.21 lakh crore. The huge outflow, which surpasses by a big margin the previous record of Rs 53,000 crore net withdrawal in 2008, came amid aggressive rate hikes by central banks globally but 2023 is expected to be better on positivity about overall macroeconomic trends in India, experts said. Apart from global monetary tightening, volatile crude, rising commodity prices along with Russia and Ukraine conflict led to an exodus of foreign money in 2022.

India Inc's Q3 hiring outlook most optimistic in 7 yrs: Survey

India Inc's Q3 hiring outlook most optimistic in 7 yrs: Survey

Rediff.com14 Sep 2021

India's job market looks bullish with 44 per cent of companies planning to add more staff in the next three months as corporates gear up to bring workers back after the pandemic, a survey said on Tuesday. According to the latest ManpowerGroup Employment Outlook Survey released by ManpowerGroup India, employers report a Net Employment Outlook of 44 per cent - the most optimistic outlook in seven years. The Net Employment Outlook is derived by subtracting the percentage of employers expecting a decrease in hiring activity from the percentage of employers anticipating an increase in hiring activity.

After facing criticism, govt may rewrite airport privatisation policy

After facing criticism, govt may rewrite airport privatisation policy

Rediff.com5 Oct 2020

In the upcoming round of privatisation, unviable airports are likely to be clubbed with six main airports and a prospective bidder may be restricted to bid for two airports.

LCH: Lessons For Indian Defence

LCH: Lessons For Indian Defence

Rediff.com15 Dec 2021

It is baffling how the PM chose the LCH as an indigenous product to celebrate on Rashtriya Raksha Samarpan Parv, even while his Cabinet holds up manufacturing clearance for 15 LCHs on the grounds that they are not Indian enough.

Institutional investment in real estate likely to fall 20% in 2021

Institutional investment in real estate likely to fall 20% in 2021

Rediff.com21 Dec 2021

Institutional investments in real estate may fall 20 per cent to $4 billion during this calendar year because of a higher inflow of funds in 2020, according to property consultant JLL India. During the January-September period, the institutional investment rose to $2,977 million from $1,534 million in the year-ago period. "Unless some large portfolio deals are not inked at the end of the year, annual investments are expected to be in the $3.8-4 billion range in 2021," JLL said in a statement. Institutional investments managed to cross the $5 billion mark in 2020 due to large portfolio deals worth $3.2 billion during the last quarter of the year.

How Musharraf Hoodwinked India

How Musharraf Hoodwinked India

Rediff.com15 Feb 2023

The Musharraf episode in the recent history of the subcontinent has convinced many realists in India that the hope of establishing peace with Pakistan is like accepting a dinner invitation from cannibals and expecting to live to tell the tale, points out Colonel Anil A Athale (retd).

Rajasthan Royals acquire Barbados CPL franchise

Rajasthan Royals acquire Barbados CPL franchise

Rediff.com30 Jul 2021

The owners of Rajasthan Royals have acquired a majority stake in CPL team Barbados Tridents, becoming the third IPL franchise to be associated with the Caribbean Premier League T20 tournament after Kolkata Knight Riders and Punjab Kings.

Wait for new home may get longer by 3 months

Wait for new home may get longer by 3 months

Rediff.com13 May 2020

Developers are cautious about the timing of launches in the near term, given the relative uncertainty in demand pick-up and logistical challenges during the lockdown. However, affordable housing projects slated for the first quarter (Q1) of 2020-21 (FY21) may get launched this quarter itself.

'Pakistan's Nasr missile is the most dangerous development in South Asia'

'Pakistan's Nasr missile is the most dangerous development in South Asia'

Rediff.com27 Jul 2015

'If ever India loses its patience after repeated terror attacks and decides to retaliate against the terrorist camps, Pakistan may term that a conventional military attack and invoke the nuclear option. This is a way to continue with terrorism without retaliation.'

PM kicks off 'Rozgar Mela' to provide 10 lakh jobs

PM kicks off 'Rozgar Mela' to provide 10 lakh jobs

Rediff.com22 Oct 2022

In his address after more than 75,000 people were given appointment letters for various government jobs in the first tranche, Modi acknowledged the challenges facing the economy the world over with many countries hit by a record inflation and unemployment and said India is making every effort to come out of the situation unscathed.

Uddhav asks Shinde: Your son can be Sena MP but my son shouldn't grow?

Uddhav asks Shinde: Your son can be Sena MP but my son shouldn't grow?

Rediff.com24 Jun 2022

Shiv Sena president and Maharashtra Chief Minister Uddhav Thackeray on Friday reached out to the functionaries of his party, which is currently battling a rebellion, and sought to allay fears surrounding the survival of his political outfit and the Maha Vikas Aghadi government.

How house designs are changing post Covid

How house designs are changing post Covid

Rediff.com11 Jul 2021

Realty - Sunday

Rijiju again slams Collegium; CJI calls it best system to appoint judges

Rijiju again slams Collegium; CJI calls it best system to appoint judges

Rediff.com18 Mar 2023

Law Minister Kiren Rijiju on Saturday claimed that a few retired judges and some activists who are 'part of the anti-India gang' are trying to make the Indian judiciary play the role of the opposition party.

I am hurt, Sitharaman tells Dr Singh, didn't expect this from you

I am hurt, Sitharaman tells Dr Singh, didn't expect this from you

Rediff.com17 Feb 2022

Hitting back at former prime minister Manmohan Singh for his criticism of the Modi government's handling of the economy, Finance Minister Nirmala Sitharaman on Thursday said he is more remembered for having brought India to "fragile five" and rampant inflation during his term.

Adani Welspun strikes gas in Mumbai offshore

Adani Welspun strikes gas in Mumbai offshore

Rediff.com15 Mar 2021

A joint venture of Adani Group and Welspun Enterprises Ltd has discovered natural gas reserves in an area off the Mumbai coast, the two firms said in a statement Monday. The first-ever gas discovery was made in the NELP-VII block MB-OSN-2005/2, Adani Welspun Exploration Ltd (AWEL) said. Spread across 714.6 square kilometers, the block is located in the prolific gas-prone Tapti-Daman sector of the Mumbai Offshore basin where production is already underway by other operators.

'Global Slowdown Would Be Positive For India'

'Global Slowdown Would Be Positive For India'

Rediff.com6 Oct 2022

'If you look at the order books of capital equipment companies or money deployed on the ground, there is forward movement in terms of actual investment by the private sector.'

Jet gets another EoI; deadline for resolution plan extended

Jet gets another EoI; deadline for resolution plan extended

Rediff.com19 Feb 2020

A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.

What you will see at the Republic Day 2023 parade

What you will see at the Republic Day 2023 parade

Rediff.com25 Jan 2023

The Republic Day parade, which will begin at around 1030 am, will be a unique mix of the country's military prowess and cultural diversity, depicting the country's growing indigenous capabilities, Nari Shakti and emergence of a 'New India'.

Will Modi Revive Farm Laws?

Will Modi Revive Farm Laws?

Rediff.com6 Apr 2022

But it would be unwise on the government's part not to heed the suggestions made by the experts group, set up by the Supreme Court, in particular the one on involving the states and giving them the flexibility in designing and implementing the farm laws, observes A K Bhattacharya.

Insurers likely to further tighten underwriting norms for term plans

Insurers likely to further tighten underwriting norms for term plans

Rediff.com29 Sep 2021

Come October, life insurers may have to tighten their underwriting standards further for retail term plans at the behest of one of the largest reinsurers in the Indian insurance market, Munich Re. According to a source aware of the development, "Munich Re has been studying long-term mortality trends for the past few years, and has suggested some tightening in the underwriting process." "As far as financial underwriting is concerned, the reinsurer has suggested that insurers should ask for additional documents. "For example, apart from income proof, they can ask for bank statements of the prospective customer before issuing policies," added the source.

'80% of Indian crypto users are aged below 34'

'80% of Indian crypto users are aged below 34'

Rediff.com12 Nov 2021

'Young working adults between 25 and 34, who are in Indian Tier II and III cities, are leading the charge in terms of crypto adoption.'

'Yatra breaking down image created around Rahul'

'Yatra breaking down image created around Rahul'

Rediff.com27 Oct 2022

'The Bharat Jodo Yatra has done very well in the south, and if they are able to pull voters in the south and rely on their allies in the north like in Bihar, UP and do well in Rajasthan, then there are chances that there might be a formidable opposition or at least a force to fight the BJP.'

India discusses ISI's Afghan link with security officials of US, UK, Russia

India discusses ISI's Afghan link with security officials of US, UK, Russia

Rediff.com8 Sep 2021

India has conveyed its concerns to the top security and intelligence officials of the United States, the United Kingdom and Russia over the possible implications of Pakistan's links with the Taliban and various terrorist groups operating in Afghanistan for regional security and stability, people familiar with the development said.

10 Skills To Make Employers Notice Your CV

10 Skills To Make Employers Notice Your CV

Rediff.com12 Sep 2022

If you can think on your feet and come up with solutions to problems that arise at work or in college, employers will likely notice this skill when they read your CV.

Sukanya Verma's Favourite 2022 OTT Shows

Sukanya Verma's Favourite 2022 OTT Shows

Rediff.com29 Dec 2022

I binged on various shows this year -- some for work, some for pleasure, few I couldn't spare time for, others I didn't have access to while some started out fabulously only to fizzle towards the end.

Mutual Funds' Rs 100 Trillion Opportunity

Mutual Funds' Rs 100 Trillion Opportunity

Rediff.com23 Mar 2023

Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.

Doesn't RBI regret giving banking licences to Ramesh Gelli and Rana Kapoor?

Doesn't RBI regret giving banking licences to Ramesh Gelli and Rana Kapoor?

Rediff.com22 Dec 2021

Isn't it time to review the 'fit and proper' criteria for banking licence, particularly with reference to individuals applying for it, asks Tamal Bandyopadhyay?

Jio's game plan: Make India '2G-mukt' and '5G-yukt'

Jio's game plan: Make India '2G-mukt' and '5G-yukt'

Rediff.com24 Jun 2021

Reliance Jio, together with partners, has tested its 5G solutions in India, successfully demonstrating speeds of over 1 GBPS, and its 'Made in India' solution is "globally competitive", RIL chairman Mukesh Ambani said on Thursday. Ambani also exuded confidence that the company will be the first to launch full-fledged 5G services in the country. Jio is not just working to make India '2G-mukt' (free from 2G) but also '5G-yukt' (5G empowered), he added. Jio's engineers have developed a 100 per cent home-grown and comprehensive 5G solution that is fully cloud native, software defined, and digitally managed.

Elections Are MUST For Democracy

Elections Are MUST For Democracy

Rediff.com8 Nov 2022

Democracy is the heart of our body politic and elections are its life blood. Because there is some disease that affects it, we cannot apply leeches to drain it off, killing the body in the process, asserts Shreekant Sambrani.

Explained: Why shareholders are angry at promoter-directors' remuneration

Explained: Why shareholders are angry at promoter-directors' remuneration

Rediff.com23 Sep 2021

Earlier this month, Sobha Kapoor and Ekta Kapoor, part of the promoter group of Balaji Telefilms, faced shareholder ire when they failed to obtain the requisite votes on resolutions proposing pay increases for them. In recent months, several promoter-directors, including Siddharth Lal of Eicher Motors and Pawan Munjal of Hero MotoCorp, have faced similar situations. Clearly, large institutional shareholders - and public shareholders - are not taking kindly to promoter-directors upping their remuneration takeaways at a time when the prospects of business recovery are clouded by the anticipated third wave of the Covid-19 pandemic.