News for 'Economics Associate Director'

'As a daughter of Indian immigrants, I'm proud to serve President Obama'

'As a daughter of Indian immigrants, I'm proud to serve President Obama'

Rediff.com17 Dec 2014

Aditi Hardikar says she is proud to honour her parents' sacrifices by giving back to her community and country.

PFI wanted to establish 'Islamic rule' in India by 2047: ATS

PFI wanted to establish 'Islamic rule' in India by 2047: ATS

Rediff.com9 Feb 2023

The ATS stated this in its chargesheet filed in a local court last week against five PFI members who were arrested last year for allegedly indulging in unlawful activities and waging a war against the country.

ED conducts raids against Vivo in money laundering probe

ED conducts raids against Vivo in money laundering probe

Rediff.com5 Jul 2022

The Enforcement Directorate (ED) on Tuesday conducted searches at 44 places across the country in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said. The searches are being carried out under sections of the Prevention of Money Laundering Act (PMLA) at locations in several states including in Delhi, Uttar Pradesh, Meghalaya, Maharashtra and others. The agency is conducting searches at 44 places related to Vivo and associated companies, they said.

Gold ETFs log inflow for 5th month on trot amid COVID-19

Gold ETFs log inflow for 5th month on trot amid COVID-19

Rediff.com11 Sep 2020

The inflows meant assets under management of gold ETFs climbed by over 4 per cent to Rs 13,503 crore at the end of August from Rs 12,941 crore at July-end.

FPIs withdraw Rs 6,400 cr from equity markets

FPIs withdraw Rs 6,400 cr from equity markets

Rediff.com8 May 2022

Foreign investors have pulled over Rs 6,400 crore from the Indian equity market in the first four trading sessions of the ongoing month when the Reserve Bank of India (RBI) and US Federal Reserve raised interest rates. Given the headwinds in terms of elevated crude prices, inflation, tight monetary policy among others, FPIs' flows in India are expected to remain volatile in the near term, Shrikant Chouhan, Head - Equity Research (Retail), Kotak Securities, said. Foreign Portfolio Investors (FPIs) remained net sellers for seven months to April 2022, withdrawing a massive amount of over Rs 1.65 lakh crore from equities. This was largely on the back of anticipation of a rate hike by the US Federal Reserve and due to the deteriorating geopolitical environment following Russia's invasion of Ukraine.

In India, taxes on cars are among the highest

In India, taxes on cars are among the highest

Rediff.com29 Sep 2020

Cars and two-wheelers attract 28% GST and a cess in the range of 3-22%, taking the effective tax rate to up to 50%.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Nora was jealous of Jacqueline, wanted me to date her: Conman

Nora was jealous of Jacqueline, wanted me to date her: Conman

Rediff.com21 Jan 2023

Sukesh in a press statement issued through his lawyers Anant Malik and A K Singh stated that Nora Fatehi always brainwashed him against Jacqueline, so she wanted him to leave Jacqueline and start dating her.

CBI moves SC against Anil Deshmukh's bail

CBI moves SC against Anil Deshmukh's bail

Rediff.com17 Dec 2022

The high court had on December 12 granted bail to the 73-year-old NCP leader in the case but said the order will be effective after 10 days

Kavitha leads hunger strike over Women's Reservation Bill

Kavitha leads hunger strike over Women's Reservation Bill

Rediff.com10 Mar 2023

A day before her scheduled appearance before the Enforcement Directorate in the Delhi excise policy case, Bharat Rashtra Samiti leader K Kavitha led a hunger strike here on Friday seeking the passage of the long-pending Women's Reservation Bill in this Budget session of Parliament.

What Went Wrong For Cyrus Mistry At Tatas

What Went Wrong For Cyrus Mistry At Tatas

Rediff.com16 Jun 2023

If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.

Why India Inc is moving to Dubai in droves

Why India Inc is moving to Dubai in droves

Rediff.com7 Nov 2022

Reliance Industries chairman Mukesh Ambani might have made news for purchasing the most expensive beach-side villa in Dubai recently, but he is not the only Indian eyeing the city for investment. Since Dubai allowed foreign investors full ownership in specific sectors in June 2021, a horde of Indian companies have moved or expanded into the desert city. The list even includes a kindergarten, an elementary and middle school, and a hotel that has sought 100 per cent ownership.

India to see 'significantly' higher number of heatwaves from Apr-Jun

India to see 'significantly' higher number of heatwaves from Apr-Jun

Rediff.com1 Apr 2023

Above-normal heatwave days are predicted in most parts of central, east and northwest India during this period.

Foxconn Deal: Karnataka Labour Laws In Focus, Tamil Nadu May Follow

Foxconn Deal: Karnataka Labour Laws In Focus, Tamil Nadu May Follow

Rediff.com31 Mar 2023

Allowing 12-hour shifts for all and night-time work for women was meant to benefit software firms, but is said to have clinched Foxconn's Rs 80 billion investment.

Include Value Funds In Your Portfolio

Include Value Funds In Your Portfolio

Rediff.com20 Jan 2023

Don't exit from growth-style funds as they may benefit next from a shift in investor preference.

Markets cheer Economic Survey; Sensex up nearly 500 points

Markets cheer Economic Survey; Sensex up nearly 500 points

Rediff.com27 Feb 2015

Sensex firm on favourable GDP numbers for FY16.

Day after Skymet's warning, IMD predicts normal south-west monsoon

Day after Skymet's warning, IMD predicts normal south-west monsoon

Rediff.com11 Apr 2023

The country can expect normal rainfall during the southwest monsoon season as a positive Indian Ocean Dipole (IOD) and a lower snow cover over the northern hemisphere are likely to counter the evolving El Nino conditions, the India meteorological department (IMD) said on Tuesday.

Demand slowdown, global uncertainties impacting India's exports

Demand slowdown, global uncertainties impacting India's exports

Rediff.com7 Sep 2022

Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jewellery and may have implications on India's exports in case the global situation does not improve in coming months. Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say. The world merchandise trade volume is expected to grow 3 per cent in 2022 against the earlier forecast of 4.7 per cent, mainly due to the ongoing war between Russia and Ukraine, according to the World Trade Organization forecast, released in April.

Will Modi succeed in selling BJP's economic vision to India's financial elite?

Will Modi succeed in selling BJP's economic vision to India's financial elite?

Rediff.com21 Feb 2014

Around 250 financial market players will participate in a closed door meeting with Narendra Modi on February 27.

'Xi's Main Challenge Is Taking Over Taiwan'

'Xi's Main Challenge Is Taking Over Taiwan'

Rediff.com20 Oct 2022

'Even though as Xi will seemingly continue to stay in power beyond his third term, competitions for the post-Xi leadership would be inevitably unfolded beneath the surface of water, and that will be a big headache for Xi the dictator.'

Everyone Must Create An Emergency Corpus

Everyone Must Create An Emergency Corpus

Rediff.com11 Apr 2023

'Set aside around six months' monthly expenses for emergencies.' 'Keep this money in safe and liquid options, such as liquid funds and fixed deposits.'

Preparation For Biparjoy Paid Dividends

Preparation For Biparjoy Paid Dividends

Rediff.com17 Jun 2023

No lives were lost after cyclone Biparjoy made landfall. Preparations for Biparjoy were not only extensive, they were also telecast far and wide. Ahead of the cyclone's landfall, Shyam G Menon observes there was considerable publicity on how much the government was geared up to face the storm and its aftermath.

FPIs pump Rs 49,553 crore in Nov

FPIs pump Rs 49,553 crore in Nov

Rediff.com22 Nov 2020

Foreign portfolio investors (FPI) have pumped in a net sum of Rs 49,553 crore in Indian markets this month so far on back of high liquidity coupled with improving global indicators and clarity after the US presidential elections. FPIs invested Rs 44,378 crore in equities and Rs 5,175 crore in the debt segment, taking the total net investment to Rs 49,553 crore between November 3-20. In October, FPIs invested a net sum of Rs 22,033 crore.

AWS upbeat on India market, sees massive headroom for growth in cloud adoption

AWS upbeat on India market, sees massive headroom for growth in cloud adoption

Rediff.com29 Nov 2022

Within days of announcing mega investments for building in Hyderabad its second data centre cluster in India, Amazon Web Services (AWS) on Monday said it is excited about the India market, where cloud adoption offers massive headroom for growth. Pledging its long-term commitment to the India market, AWS, Amazon's cloud computing unit, said it expects global uncertainties to accelerate the decisions by companies to opt for flexible, on-demand cloud infrastructure to pare costs, gain efficiencies and drive business innovation. "Cloud reacts well to uncertainty," Puneet Chandok, president - commercial business, AWS India and South Asia, Amazon Internet Services Pvt Ltd (AISPL) told PTI.

Adani Crisis: No Harm To National Interest

Adani Crisis: No Harm To National Interest

Rediff.com22 Feb 2023

Those who worry that the Adani saga will turn the world off India are not looking at the entire picture, asserts Mihir S Sharma.

Indian economy poised for further growth in 2023 despite global headwinds

Indian economy poised for further growth in 2023 despite global headwinds

Rediff.com2 Jan 2023

The Indian economy recovered from the Covid-induced downturn during 2022 and is poised for further improvement in the coming quarters though downside risks emanating from geopolitical tensions, strengthening dollar and elevated inflation will continue. The positive trajectory in the growth trend and improved fundamentals will help the nation in neutralising the impact of global headwinds which are expected to have a bearing on the country's exports in the months to come. The challenges before the government and the Reserve Bank in the new year would be to arrest inflation, check declining value of rupee against US dollar and promote private investment and growth, with a view to ensure that the country remains one the fastest growing major economies of the world.

OneWeb inks pact with ISRO commercial arm for launching satellites

OneWeb inks pact with ISRO commercial arm for launching satellites

Rediff.com21 Apr 2022

Bharti group-backed OneWeb and New Space India Limited, the commercial arm of the Indian Space Research Organisation, have entered into an agreement that will help ensure OneWeb completes its satellite launch programme. The first launch with New Space India is expected in 2022 from the Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota. The launches will add to Low Earth Orbit (LEO) satellite communications firm OneWeb's total in-orbit constellation of 428 satellites -- 66 per cent of the planned total fleet -- to build a global network that will deliver high-speed, low-latency connectivity.

How India's financial sector tackled economic crisis

How India's financial sector tackled economic crisis

Rediff.com28 Oct 2014

A customer wanting to buy a car would have to wait a long time for delivery.

Planning to Invest in Silver? Read This

Planning to Invest in Silver? Read This

Rediff.com22 Jan 2022

Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.

5 hrs, 30 questions: Actress Nora Fatehi grilled in conman case

5 hrs, 30 questions: Actress Nora Fatehi grilled in conman case

Rediff.com15 Sep 2022

Bollywood actor Nora Fatehi was on Thursday questioned for nearly five hours by Delhi Police's Economic Offences Wing for investigation in connection with an extortion case linked to alleged conman Sukesh Chandrashekhar, officials said.

Telgi had links with Bihar

Telgi had links with Bihar

Rediff.com2 Dec 2003

Police have found evidence about the existence of a printing press in Patna that was run by Telgi and his associates.

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Rediff.com20 Apr 2023

The submissions were made by the CBI in a short written reply while opposing the senior Aam Aadmi Party leader's bail plea, which it said was devoid of any merit and was an attempt to misuse the intricacies of law to thwart the progress of investigation in the case.

ITC Q3 net profit rises 23% to Rs 5,070 crore

ITC Q3 net profit rises 23% to Rs 5,070 crore

Rediff.com3 Feb 2023

ITC Ltd on Friday reported a 23.09 per cent increase in consolidated net profit at Rs 5,070.09 crore for the third quarter ended December 2022, helped by growth momentum across its operating segments. The diversified company had posted a net profit of Rs 4,118.80 crore during the October-December quarter of the previous fiscal, ITC said in a regulatory filing. Its revenue from operations was up 3.56 per cent to Rs 19,020.65 crore during the quarter under review, as against Rs 18,365.80 crore in the corresponding period of the previous fiscal.

Sagarmala project: Poor planning on container traffic haunting shippers

Sagarmala project: Poor planning on container traffic haunting shippers

Rediff.com31 Mar 2022

Since January this year, Indian exporters have begun to dread the shipping news. That's because most of it would be about another lot of shipping companies deciding to avoid Indian ports on account of delays.

Agnipath has large job potential: India Inc

Agnipath has large job potential: India Inc

Rediff.com20 Jun 2022

Industry leaders, including Mahindra Group chairman Anand Mahindra, RPG Enterprises chairman Harsh Goenka and Biocon Ltd chairperson Kiran Mazumdar-Shaw on Monday came out in support of the Agnipath scheme, saying it has large potential for employment of youth in the corporate sector. Mahindra also expressed dismay over the violence against the scheme while asserting that the farm equipment to aerospace conglomerate welcomes the opportunity to recruit trained, capable and young people under the programme. The Agnipath scheme, announced on June 14, provides for the recruitment of youths between the age bracket of 17-and-half years to 21 for only four years with a provision to retain 25 per cent of them for 15 more years.

India saw 23.5 lakh pollution deaths in 2019, highest in world

India saw 23.5 lakh pollution deaths in 2019, highest in world

Rediff.com18 May 2022

In India, air pollution is most severe in the Indo-Gangetic Plain (northern India), where topography and meteorology concentrate pollution from energy, mobility, industry, agriculture, and other activities, the researchers said.

Privatisation of PSBs gets bankers' thumbs up

Privatisation of PSBs gets bankers' thumbs up

Rediff.com22 Dec 2022

Exuding confidence in sustaining the tempo of credit growth, public sector bankers said on Wednesday that consolidation in the public sector bank (PSB) space has given them a robust base to scale. The privatisation of PSBs can be done through divestment of government stake to a wider base of investors without haste. There is nothing to worry about at this point (high credit offtake) as underwriting standards and risk management are much better.

Indian-Americans taking over US, says Biden

Indian-Americans taking over US, says Biden

Rediff.com5 Mar 2021

Indian-Americans are taking over the country, United States President Joe Biden said on Thursday, referring to the high number of people from the community getting a place in his administration.

Sri Lankan crisis: Indian orthodox tea gets a boost

Sri Lankan crisis: Indian orthodox tea gets a boost

Rediff.com30 Jun 2022

It's a busy season for Indian producers of orthodox tea. As Sri Lanka, the world's largest supplier of orthodox tea, struggles with its worst economic crisis, a window of opportunity has opened up in neighbouring India. Calls to Indian planters and exporters from foreign buyers of Sri Lankan orthodox tea are pouring in and the buoyant sentiment is reflecting in prices at auction centres. Orthodox tea refers to loose-leaf tea which is produced using traditional or orthodox methods such as plucking, withering, rolling, oxidation and drying.

Chidambaram flays govt after I-T, ED lens on son?s associates

Chidambaram flays govt after I-T, ED lens on son?s associates

Rediff.com2 Dec 2015

CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act