News for 'Erode'

'Dangerous precedent': RS Chairman slams Oppn walkout

'Dangerous precedent': RS Chairman slams Oppn walkout

Rediff.com3 Jul 2024

Pointing out the instance of Kharge entering the Well of the Rajya Sabha on Friday, Dhankhar said, "It was extremely painful to notice that even the Leader of the Opposition walked into the Well of the House and that was a disgrace to parliamentary conduct and proprietary."

Sensex scales 76K, but ends down in volatile trade

Sensex scales 76K, but ends down in volatile trade

Rediff.com27 May 2024

From the Sensex firms, Wipro, NTPC, Sun Pharma, Mahindra & Mahindra, ITC and Reliance Industries were among the biggest laggards. IndusInd Bank, Axis Bank, Bajaj Finance, HDFC Bank, Larsen & Toubro and State Bank of India were among the major gainers.

Did Chances Of A Trump Win Spook Bezos?

Did Chances Of A Trump Win Spook Bezos?

Rediff.com31 Oct 2024

Did Jeff Bezos decide against endorsing Harris because it would hurt his business interests? Only God and Bezos know, and neither of them are talking, notes Prem Panicker.

Ex-Bengal CM Buddhadeb Bhattacharjee passes away

Ex-Bengal CM Buddhadeb Bhattacharjee passes away

Rediff.com8 Aug 2024

The CPI-M leader was the chief minister of the state from 2000 to 2011.

'Foundation of Indo-Arab friendship eroded'

'Foundation of Indo-Arab friendship eroded'

Rediff.com14 Mar 2007

Noted Arab scholar and diplomat Dr Clovis Maksoud has said India's unwavering support to the Palestine cause and the Iraqi union in the face of its strategic military alliance with Israel has eroded the political foundation of the Indo-Arab ties.

Got Excess Funds in Bank Accounts?

Got Excess Funds in Bank Accounts?

Rediff.com10 Jul 2024

Keeping surplus money in a bank account has become perilous, alerts Harsh Roongta.

'If You Want To Invest Directly, Ensure...'

'If You Want To Invest Directly, Ensure...'

Rediff.com27 Aug 2024

'...you evaluate three key factors before committing your money.'

Support for Iraq war eroding: Reports

Support for Iraq war eroding: Reports

Rediff.com26 Oct 2005

Support for Iraq war eroding as body count passes 2,000

When Muhammad Yunus Spoke To India's Parliament

When Muhammad Yunus Spoke To India's Parliament

Rediff.com24 Aug 2024

Muhammad Yunus proved that he was neither an armchair economist nor a slogan mongering political activist, but a doer destined to do what Mahatma Gandhi said -- to remove every tear from every eye, recalls Rup Narayan Das.

US Open PIX: Gauff, Sabalenka advance; Azarenka exits

US Open PIX: Gauff, Sabalenka advance; Azarenka exits

Rediff.com31 Aug 2024

Images from the US Open women's singles third round matches, at Flushing Meadows, New York, on Friday.

Slowdown, Satyam erode trust in business: Survey

Slowdown, Satyam erode trust in business: Survey

Rediff.com9 Feb 2009

The Satyam Computer Services scandal, which broke out on January 7 when the company's promoter, B Ramalinga Raju, announced that there was a Rs 7,800-crore (Rs 78-billion) hole in its deposits, is certain to have made it worse. According to the 2009 Edelman Trust Barometer, as much as 49 per cent of the respondents (all drawn from the top ten per cent income bracket) expressed growing concerns about business in India.

How Should Rahul Gandhi Have Spoken Abroad?

How Should Rahul Gandhi Have Spoken Abroad?

Rediff.com20 Sep 2024

'I would think that India faces less damage from opinions voiced overseas compared to the damage it suffers if the right to free speech of its citizens is curtailed in the name of image management,' asserts Shyam G Menon.

Losses have eroded SpiceJet's net worth: Auditors

Losses have eroded SpiceJet's net worth: Auditors

Rediff.com7 Feb 2012

Airline says it is in comfortable situation.

Rekha Jhunjhunwala's Wealth Grew By...

Rekha Jhunjhunwala's Wealth Grew By...

Rediff.com3 Apr 2024

Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or Rs 2,865 crore, compared to less than 1 per cent rise in the BSE Sensex.

DMK+ set for a sweep in TN; BJP bags 10% vote share

DMK+ set for a sweep in TN; BJP bags 10% vote share

Rediff.com4 Jun 2024

In a first, BJP crossed the 10 per cent vote share-mark in Tamil Nadu and has so far registered a share of 10.21 per cent, though it could not emerge in lead positions anywhere.

NPS vs UPS: Which is Best for YOU?

NPS vs UPS: Which is Best for YOU?

Rediff.com6 Sep 2024

Switching to the UPS could be a game-changer for your retirement planning, especially if you value guaranteed benefits and higher government contributions, observes Ramalingam Kalirajan.

Is killing Hindu leaders a terrorist act asks HC, grants bail to pro-ISIS man

Is killing Hindu leaders a terrorist act asks HC, grants bail to pro-ISIS man

Rediff.com14 Dec 2023

A division bench of Justices SS Sundar and Sunder Mohan observed while hearing the bail plea of an alleged Islamic State of Iraq and Syria sympathiser, and also set him on liberty with a string of conditions, recently.

NIA chargesheets 14th accused in 2022 Coimbatore car bomb case

NIA chargesheets 14th accused in 2022 Coimbatore car bomb case

Rediff.com27 Apr 2024

Naseer and his associates had conspired to wage war against the government of India and also to kill Indians in order to destabilise the country and create communal disharmony, it said.

Dying man forced to sing national anthem: HC orders CBI probe

Dying man forced to sing national anthem: HC orders CBI probe

Rediff.com23 Jul 2024

In a video clip that had gone viral on social media, Faizan, along with four other Muslim men, was seen being beaten up by policemen while being forced to sing the national anthem and 'Vande Mataram'.

'I Want To Teach Assam CM A Lesson'

'I Want To Teach Assam CM A Lesson'

Rediff.com19 Aug 2024

'There is a saying in Assamese about inflicting pain on an adversary: He cut my hands with a sword and rubbed salt into my wounds.' 'This has never been the BJP's culture but it started happening openly and frequently under Himanta Biswa Sarma.'

Bear attack makes investors poorer by Rs 31 lakh cr

Bear attack makes investors poorer by Rs 31 lakh cr

Rediff.com4 Jun 2024

Equity investors suffered a massive loss of Rs 31 lakh crore on Tuesday as markets went into a tailspin with the BSE Sensex tumbling nearly 6 per cent as vote counting trends showed the BJP may not have a clear majority in the Lok Sabha polls. Erasing the record-rally of the previous trade, the 30-share BSE Sensex cracked 4,389.73 points or 5.74 per cent to settle at 72,079.05. During the day, the benchmark tanked 6,234.35 points or 8.15 per cent to hit a nearly five-month low of 70,234.43.

Need to safeguard judiciary: Retired judges write to CJI

Need to safeguard judiciary: Retired judges write to CJI

Rediff.com15 Apr 2024

'The practice of selectively praising judicial decisions that align with one's views while vehemently criticising those that do not, undermines the very essence of judicial review and the rule of law'

Unemployment: One of the BIG problems facing Modi 3.0

Unemployment: One of the BIG problems facing Modi 3.0

Rediff.com10 Jun 2024

Prime Minister Narendra Modi led-NDA government in its third term must tackle the problem of unemployment in the country, especially in the unorganised sector and in small and medium enterprises, former NITI Aayog Vice Chairman Rajiv Kumar said on Monday. Kumar also emphasised that the government now must finalise the four labour codes as it has been delayed beyond expectations. "We must recognise that post-COVID economic recovery has been a K-shaped recovery.

TN: Heavy rains flood several areas; IMD issues orange alert

TN: Heavy rains flood several areas; IMD issues orange alert

Rediff.com22 Nov 2023

Several areas of Tamil Nadu remain inundated after hours of heavy to moderate rainfall in the region. Water entered houses and markets in the low-lying residential areas of Erode district due to heavy rainfall throughout the night.

Credit card base of major issuers erodes in Q2 over RBI's norms

Credit card base of major issuers erodes in Q2 over RBI's norms

Rediff.com31 Oct 2022

Credit card issuers saw significant erosion of their card base during the July-September quarter as the Reserve Bank of India's (RBI) norms mandated deactivation of cards that have been inactive for a year. The second quarter of the current financial year saw outstanding cards-in-force decline by 2.55 million to 77.7 million. Prior to this, the industry, on an average, was witnessing a net addition of over 1.5 million credit cards a month as players became aggressive on the unsecured lending business after the pandemic.

New twist to Hindenberg-Adani drama

New twist to Hindenberg-Adani drama

Rediff.com7 Jul 2024

US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

Brush with competition could hurt paint maker Kansai Nerolac's margins

Brush with competition could hurt paint maker Kansai Nerolac's margins

Rediff.com23 May 2024

Kansai Nerolac Paints has seen its market capitalisation (mcap) erode by over 5 per cent since May 3 after posting a subpar performance in the fourth quarter of 2023-24. Weighed down by stiff competition, the company has shed Rs 1,172 crore over the past two weeks in mcap. India's largest paint maker in terms of mcap, expects double-digit growth in the industrial segment and aims to maintain margins, but its performance in decorative paints could suffer amid competition.

Volkswagen brand value erodes $10 billion

Volkswagen brand value erodes $10 billion

Rediff.com28 Sep 2015

Volkswagen was the third largest automotive brand after Toyota and BMW in a 2015 listing of the world's top auto brands.

India's water crisis detrimental to credit health, warns Moody's

India's water crisis detrimental to credit health, warns Moody's

Rediff.com25 Jun 2024

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.

Investor wealth erodes by over Rs 2 lakh cr as stocks plummet

Investor wealth erodes by over Rs 2 lakh cr as stocks plummet

Rediff.com17 Jun 2019

At the BSE, 1,879 companies declined, while 685 advanced and 131 remained unchanged.

SC junks JMM case verdict, lawmakers lose shield against bribery

SC junks JMM case verdict, lawmakers lose shield against bribery

Rediff.com4 Mar 2024

MPs and MLAs taking bribes to vote or make a speech in the house are not immune from prosecution, the Supreme Court said on Monday in a landmark, unanimous verdict that overrules its 1998 judgment protecting such lawmakers.

Muslim outfit concerned over govt's active participation in Ram temple events

Muslim outfit concerned over govt's active participation in Ram temple events

Rediff.com6 Jan 2024

On the upcoming Ram Temple events, Jamiat said that in light of the recent events linked to the Ram temple in Ayodhya, it deems necessary to draw the attention of the government and law enforcement agencies to concerns about the breach of peace and attempts to "harass and intimidate the minority community."

The Lives PSU Bankers Lead

The Lives PSU Bankers Lead

Rediff.com15 Jul 2024

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.

Where did we lose? NDA was there yesterday, is there today: Modi

Where did we lose? NDA was there yesterday, is there today: Modi

Rediff.com7 Jun 2024

"If you see in the context of alliances and statistics, then this is the strongest alliance government," Modi said while addressing newly-elected MPs and leaders of the NDA from across the country following his election as leader of the ruling bloc ahead of his government's swearing-in on Sunday.

Intense heatwave sweeps eastern states, spreads to south India: IMD

Intense heatwave sweeps eastern states, spreads to south India: IMD

Rediff.com23 Apr 2024

Heatwave conditions have been prevailing in Odisha since April 15 and the Gangetic West Bengal since April 17, according to the MeT department.

10 Ways Sugar Harms Your Body

10 Ways Sugar Harms Your Body

Rediff.com7 Jun 2024

Regular, uncontrolled consumption of sugar can raise blood pressure, increase inflammation and contribute to obesity, all of which strain the heart, warns Dr Anu Gaikwad.

Allowing crypto may erode RBI's control over money supply: Subbarao

Allowing crypto may erode RBI's control over money supply: Subbarao

Rediff.com9 Dec 2021

Former Reserve Bank of India Governor Duvvuri Subbarao has said the central bank could lose control over money supply and inflation management if cryptocurrency is allowed in the country. Speaking at a webinar organised by the National Stock Exchange (NSE) and New York University (NYU) Stern School of Business, Rao also said India's case for issuing a central bank digital currency (CBDC) may not be strong as there are capital controls. "Crypto is backed by algorithms and there is fear that the central bank might lose control over money supply and inflation management.

Modi has lowered dignity of public discourse, PM's office, says Dr Singh

Modi has lowered dignity of public discourse, PM's office, says Dr Singh

Rediff.com30 May 2024

In a scathing attack on Prime Minister Narendra Modi, former prime minister Manmohan Singh on Thursday accused him of lowering the dignity of public discourse and the gravity of the office of the PM by giving "hateful speeches" during the poll campaign.

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

Rediff.com8 Oct 2020

It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.