News for 'Economic Weekly'

Dalal Street minnows steal the show in FY24

Dalal Street minnows steal the show in FY24

Rediff.com29 Mar 2024

The BSE mid-cap and small-cap stocks have outperformed the benchmark Sensex in 2023-24 with about 62 per cent returns, reflecting buoyant investors' sentiment amid robust macroeconomic conditions in the country and impressive quarterly earnings reported by various firms. As per an analysis, the BSE mid-cap gauge jumped 15,013.95 points or 62.38 per cent in the 2023-24 fiscal, while the small-cap index climbed 16,068.99 points or 59.60 per cent. In comparison, the 30-share BSE Sensex raked in a gain of 14,659.83 points or 24.85 per cent during the fiscal under review.

'Will BJP Abolish Reservations?'

'Will BJP Abolish Reservations?'

Rediff.com14 May 2024

'In Western UP, last time a lot of Dalits voted for the BJP.' 'This time, there is a rethink among Dalits about the extent of their support for the BJP.'

Is Rahul Dividing India To Rule?

Is Rahul Dividing India To Rule?

Rediff.com3 Jul 2024

Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.

Next-gen politicians battle it out for Samastipur

Next-gen politicians battle it out for Samastipur

Rediff.com9 May 2024

'Dynastic politics has become a tool of convenience for political parties. The BJP does not hesitate to accept it when it comes to its own alliance or party candidates. The same goes for the others.'

FPIs continue their buying spree; Rs 4,800 crore infused in equities

FPIs continue their buying spree; Rs 4,800 crore infused in equities

Rediff.com7 Jan 2024

Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven by confidence in the country's robust economic fundamentals. Additionally, they injected Rs 4,000 crore in the debt market during the period under review, data with the depositories showed. With expectations of a prolonged decline in US interest rates in 2024, there is an anticipation that FPIs will likely escalate their purchase, particularly in the initial months of the New Year leading up to the general elections, V K Vijayakumar, chief investment strategist at Geojit Financial Services, said.

Rising prices, lack of jobs key issues, shows voter survey

Rising prices, lack of jobs key issues, shows voter survey

Rediff.com13 Apr 2024

62 per cent of respondents across various demographics, including villages, towns, and cities, perceived a greater difficulty in securing employment compared to the previous five years, shows pre-poll survey by Centre for Study of Developing Societies.

Legal framework against deepfakes after polls, says IT minister

Legal framework against deepfakes after polls, says IT minister

Rediff.com8 Mar 2024

The government asked digital platforms to provide technical and business process solutions to prevent and weed out misinformation that can potentially harm society and democracy, Union Minister Ashwini Vaishnaw has said.

How To Train Spelling Bee Dragons

How To Train Spelling Bee Dragons

Rediff.com31 May 2024

"You can memorize 1000s of words, but what do you do if you get a word that you don't know?"

'Mr Modi Is Rattled'

'Mr Modi Is Rattled'

Rediff.com27 May 2024

The speech he gave in which he accused the Congress of getting black money in tempos from Ambani and Adani is remarkable.' 'It is a self-goal for sure, but indicates someone who has lost control, someone who is rattled.'

Grim police. Politicians. Superheroes: On OTT This Week

Grim police. Politicians. Superheroes: On OTT This Week

Rediff.com27 Jun 2022

Grim police procedurals, dark superheroes, ghostly encounters, things get pretty intense on OTT this week. Sukanya Verma offers some suggestions.

Economic growth will only move upwards: Shaktikanta Das

Economic growth will only move upwards: Shaktikanta Das

Rediff.com5 Feb 2021

Stressing that economic growth will only move upwards, the Reserve Bank of India Governor Shaktikanta Das on Friday pegged the GDP growth rate for the next financial year at 10.5 per cent, though a tad lower than the government's projection of 11 per cent. The projection is in line with the estimates in the Union Budget 2021-22 presented in Parliament earlier this week. The Economic Survey, tabled by the government in Parliament recently, has projected that the economy will grow at 11 per cent, up from an estimated historic decline of 7.7 per cent in 2020-21, on account of the COVID-19 pandemic.

FPIs pull out over Rs 10K cr from Indian equities in just 21 days

FPIs pull out over Rs 10K cr from Indian equities in just 21 days

Rediff.com24 Sep 2023

Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. Mayank Mehra, smallcase, manager and principal partner at Craving Alpha,believes that strong economic growth prospects, attractive valuations, and government reforms could support foreign investment flows in the next month.

Petrol, diesel prices cut by Rs 2 each

Petrol, diesel prices cut by Rs 2 each

Rediff.com14 Mar 2024

Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election schedule was announced.

Blinkit, Zepto ignite the quick commerce firestorm

Blinkit, Zepto ignite the quick commerce firestorm

Rediff.com25 Mar 2024

After a tentative start, quick commerce (q-commerce) is ablaze, with Blinkit and Zepto slugging it out in a market distinct from other competitors. The latest entrant is Flipkart, which is ramping up its infrastructure in around 12 cities where it will launch the service in the next six to eight weeks, taking on existing players such as Blinkit, Zepto, Instamart, and BigBasket, among others. According to data analysed from Sensor Tower by BofA Global Research, the daily active user (DAU) base of Blinkit has grown by 58 per cent between February 2023 and February 2024.

What's Modi Up To?

What's Modi Up To?

Rediff.com24 Apr 2024

No government in the past initiated the process of policy making for its next tenure even before going in for elections. Once the Model Code of Conduct is enforced by the Election Commission, should the government of the day refrain from taking an active interest in policy making for the next five years and let that be the function of the new government?, asks A K Bhattacharya.

'Now May Be The Time To Go All In'

'Now May Be The Time To Go All In'

Rediff.com21 May 2024

'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'

Spot probe points to human rights 'violation' in Sandeshkhali, says NHRC

Spot probe points to human rights 'violation' in Sandeshkhali, says NHRC

Rediff.com13 Apr 2024

The National Human Rights Commission, in its report, also observed that the "pervasive fear of reprisal, coupled with the power dynamics at play, acted as a formidable barrier", preventing individuals from voicing their grievances.

The Modi Premium

The Modi Premium

Rediff.com13 Dec 2023

Economic growth, which we are taking for granted, slows for a completely different set of local or global factors and the Modi premium vanishes, observes Debashis Basu.

'If A Heatstroke Patient Doesn't Get Treatment, There's 80% Chance Of Dying'

'If A Heatstroke Patient Doesn't Get Treatment, There's 80% Chance Of Dying'

Rediff.com28 Jun 2024

'We can save 70 patients out of 100, if they reach a hospital well within time.' 'The most crucial aspect is time.'

Sensex can hit 77,000, Nifty 23,500 as bull-run to continue in FY25

Sensex can hit 77,000, Nifty 23,500 as bull-run to continue in FY25

Rediff.com9 Apr 2024

Analysts remain bullish on the road ahead for the equity markets, but warn against volatility on account of domestic and global cues. The upcoming Lok Sabha elections back home and the interest rate trajectory of the US Federal Reserve, they said, will be the two most important factors that the markets will keep a tab on. That apart, the valuation of the Indian markets, they feel, will also be eyed in context of how global peers are performing.

Soon, there will be no 'foreign' troops in Maldives: Muizzu

Soon, there will be no 'foreign' troops in Maldives: Muizzu

Rediff.com7 Feb 2024

President Mohamed Muizzu on Wednesday said by bolstering the defence capabilities of the Maldives, the country will soon reach a point where there is no 'foreign' military presence, weeks after he sought the withdrawal of Indian defence personnel from the archipelago nation.

Chinese investigators in Pak to probe suicide attack on its citizens

Chinese investigators in Pak to probe suicide attack on its citizens

Rediff.com29 Mar 2024

The visit comes two days after Pakistan officials shared with the Chinese embassy the preliminary findings of their investigation into the attack.

Foreign Policy As A Poll Tool Can Be Harmful

Foreign Policy As A Poll Tool Can Be Harmful

Rediff.com29 May 2024

It is time the political leaderships in this country arrived at a common ground over issues of foreign and security policy concerns. There has to be a greater communication between the government and the Opposition leaderships for the nation to present a unified face against the rest of the world, advises N Sathiya Moorthy.

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

Rediff.com17 Dec 2023

In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.

Have You Heard Of Crotonville?

Have You Heard Of Crotonville?

Rediff.com9 May 2024

The top-notch faculty at Crotonville, including Noel Tichy, Ram Charan, Vijay Govindarajan, along with GE's top leaders Jack Welch, Gary Reiner, Bill Conaty, Jeffrey Immelt and Susan Peters, together delivered sought-after programmes on leadership to generations of early-stage leaders, mid-tier and senior managers from all over the world, recounts Indrajit Gupta.

Third wave may peak in next three weeks: Report

Third wave may peak in next three weeks: Report

Rediff.com18 Jan 2022

The report, however, admitted that 10 of these top 15 districts are major cities and among them Bengaluru and Pune still have higher infection rates.

Interim Budget: No, Just A True Vote On Account!

Interim Budget: No, Just A True Vote On Account!

Rediff.com1 Feb 2024

She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.

No dispute with neighbours, but shared future with BRI, says China

No dispute with neighbours, but shared future with BRI, says China

Rediff.com4 Mar 2024

Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.

Iran plotted Oct 7 Hamas attacks because ...: Isaraeli Prez Herzog

Iran plotted Oct 7 Hamas attacks because ...: Isaraeli Prez Herzog

Rediff.com17 Nov 2023

Herzog further claimed that Iran is supporting the "terror machine" by providing billions of dollars aiming to undermine the regional situation.

Worst economic crisis since Great Depression: IMF

Worst economic crisis since Great Depression: IMF

Rediff.com9 Apr 2020

The year 2020 could see the worst global economic fallout since the Great Depression in the 1930s, with over 170 countries likely to experience negative per capita income growth due to the raging coronavirus pandemic, IMF Managing Director Kristalina Georgieva said on Thursday. Georgieva made the remarks during her address on 'Confronting the Crisis: Priorities for the Global Economy' in Washington, DC, ahead of next week's annual spring meeting of the International Monetary Fund and the World Bank.

Centre in a huddle to understand impact of the Iran-Israel tensions

Centre in a huddle to understand impact of the Iran-Israel tensions

Rediff.com16 Apr 2024

Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.

Can't fight elections, don't have money: Sitharaman

Can't fight elections, don't have money: Sitharaman

Rediff.com27 Mar 2024

Union Finance Minister Nirmala Sitharaman on Wednesday said she declined the offer of the Bharatiya Janata Party to contest elections pleading that she did not have the 'kind of funds' required for fighting the Lok Sabha polls.

Sights And Dazzle Of Japan

Sights And Dazzle Of Japan

Rediff.com25 Jun 2024

Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.

China 'firmly opposes external interference' in Maldives

China 'firmly opposes external interference' in Maldives

Rediff.com12 Jan 2024

'The two sides agree to continue firmly supporting each other in safeguarding their respective core interests,' a joint statement issued at the end of Muizzu's talks with Chinese leaders said.

'Indian crews are very good'

'Indian crews are very good'

Rediff.com23 Apr 2024

'Indians are basically liked because they are educated, they are intelligent.'

ED summons Sanjay Raut's brother over 'kichdi' scam links during Covid

ED summons Sanjay Raut's brother over 'kichdi' scam links during Covid

Rediff.com25 Jan 2024

Sandeep Raut has been asked to depose before the central agency at its office in Mumbai next week, they said, adding his statement will be recorded under the Prevention of Money Laundering Act.

A glimpse of how economic activity is picking up

A glimpse of how economic activity is picking up

Rediff.com17 Jun 2020

While freight traffic has gone up, the Google location data shows more people are stepping out of their homes.

Navy ships, jets remain mission ready in Arabian Sea

Navy ships, jets remain mission ready in Arabian Sea

Rediff.com3 Jan 2024

Indian Navy on Wednesday said its ships and aircraft remain 'mission deployed' for maintaining enhanced surveillance and undertaking maritime security operations.

Why BJP Is More Guilty Than Sam Pitroda

Why BJP Is More Guilty Than Sam Pitroda

Rediff.com15 May 2024

If Pitroda's blunder cost him his office, what should the BJP's unrepentant attitude cost it?, asks Shyam G Menon.

Looking For Long-Term Investment?

Looking For Long-Term Investment?

Rediff.com19 Apr 2024

This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.