News for 'Financial Conditions'

India eyes T20 World Cup title after near misses

India eyes T20 World Cup title after near misses

Rediff.com30 May 2024

India remain bereft of a global title since winning the 2013 Champions Trophy.

Govt borrowing cut expectations fade as coalition govt takes shape

Govt borrowing cut expectations fade as coalition govt takes shape

Rediff.com6 Jun 2024

The expectations of a borrowing cut by the government faded among bond-market participants after the general election results because they feel the compulsions of running a coalition may put pressure on the exchequer, according to dealers. The recent trend of moderate depreciation in the rupee's nominal effective exchange rate (NEER) might not persist if there are significant changes to the structural reform agenda.

Health Premiums Rise: How To Stay Covered

Health Premiums Rise: How To Stay Covered

Rediff.com21 Aug 2024

Consider a combination of a base policy and a super top-up policy.

'Why not?': HC grants parole to man to bid farewell to son

'Why not?': HC grants parole to man to bid farewell to son

Rediff.com13 Jul 2024

The Bombay high court has granted parole to a man to bid farewell to his son, who is going to Australia for further studies, holding that if parole can be granted to share grief, it can also be for a happy occasion.

'Economy will do well once vaccination reaches critical mass'

'Economy will do well once vaccination reaches critical mass'

Rediff.com18 May 2021

India's economy will do well once vaccination reaches a critical mass as pent up demand, global recovery and easy financial conditions will boost activities, RBI's Monetary Policy Committee (MPC) member Ashima Goyal said on Tuesday.

Why Test cricket's survival depends on India

Why Test cricket's survival depends on India

Rediff.com16 Jun 2024

'To date, they've been fantastic in how they've continued to play all three formats of the game. Their commitment to Test cricket... I don't think it has ever been as strong as it is now'

Air India junks rumours of shutting down

Air India junks rumours of shutting down

Rediff.com6 Jan 2020

Air India's financially and operational condition is being appropriately dealt with without compromising on our service levels" Meenakshi Malik, director-commercial, Air India.

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Rediff.com11 Jun 2024

The market regulator's newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life Insurance Corporation (LIC) of India, Jio Financial Services, Zomato, Paytm, DMart, and Adani Energy into the derivatives segment. The Indian derivatives market, which accounts for most of the trading volumes, could see big churn with over two dozen exits from the current list of 182 stocks due to an upward revision in the eligibility thresholds.

Health Insurance: What You Must Know!

Health Insurance: What You Must Know!

Rediff.com24 Jun 2024

Purchase health insurance at an early age, before you incur a disease, as this makes access to health insurance difficult and raises the premium significantly.

From phones to drones, Google looks to firm up India bet

From phones to drones, Google looks to firm up India bet

Rediff.com24 May 2024

Following in Apple's footsteps, Alphabet - Google's parent company - is in advanced talks with Foxconn to manufacture Pixel smartphones in Tamil Nadu, an industrial state which will also double up as drone-manufacturing hub for the US tech giant soon. According to a state government release, officials from Google will soon visit Chennai to meet Tamil Nadu Chief Minister MK Stalin to hold discussion on manufacturing of Google Pixel near Chennai.

Key highlights of G20 New Delhi Leaders' declaration

Key highlights of G20 New Delhi Leaders' declaration

Rediff.com9 Sep 2023

Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.

Robust demand helps auto retail sales surge 13% in February

Robust demand helps auto retail sales surge 13% in February

Rediff.com7 Mar 2024

Automobile retail sales in India rose 13 per cent year on year in February with all the segments, including passenger vehicles and two-wheelers, witnessing robust offtake, dealers' body FADA said on Thursday. Overall retail sales stood at 20,29,541 units last month as compared to 17,94,866 units in the year-ago period. Passenger vehicle sales grew 12 per cent to 3,30,107 units last month as against 2,93,803 units in February 2023.

Study Abroad: The Best Countries to Pursue PhD

Study Abroad: The Best Countries to Pursue PhD

Rediff.com12 Jun 2024

rediffGURU Sushil Sukhwani offers expert advice about pursuing higher education abroad.

Wayanad rescuers fight crippling odds to move over 1,500 to safety

Wayanad rescuers fight crippling odds to move over 1,500 to safety

Rediff.com1 Aug 2024

The construction of a Bailey bridge to connect the landslide-hit areas, where several people are believed to be stranded, alongside the deployment of sniffer dogs and over 1,000 rescuers from Central and state emergency response teams conducting massive search operations, constitutes one of the largest rescue efforts in the Wayanad, devastated by a deadly calamity.

What You Must Know About Your Gratuity

What You Must Know About Your Gratuity

Rediff.com3 Jun 2024

If gratuity is not paid within 30 days of termination, the employer must pay interest as set by the central government.

India, China likely to drive half of 2023 global growth, says IMF

India, China likely to drive half of 2023 global growth, says IMF

Rediff.com31 Jan 2023

The International Monetary Fund (IMF) has said India and China will account for half of the global economic growth in 2023, as the multilateral agency retained its growth forecast for Asia's third-largest economy for 2023-24 (FY24). "India remains a bright spot. Together with China, it will account for half of global growth this year, versus just a tenth for the US and euro area combined," the IMF said in its latest update to the biannual World Economic Outlook. Growth in India is set to decline from 6.8 per cent in 2022 (FY23) to 6.1 per cent in 2023 (FY24) before picking up to 6.8 per cent in 2024 (FY25), the global lender said while citing "resilient domestic demand despite external headwinds".

Can I Withdraw From PPF Without Penalty?

Can I Withdraw From PPF Without Penalty?

Rediff.com15 Feb 2024

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

Time To Shut Down Coaching Classes?

Time To Shut Down Coaching Classes?

Rediff.com24 Aug 2024

The coaching-tuition-profiteering model built on the back of a broken education system is a scandal and an abomination, and must go, asserts Shekhar Gupta.

Sensex down 111 pts on profit-taking, foreign fund outflows

Sensex down 111 pts on profit-taking, foreign fund outflows

Rediff.com2 Apr 2024

From the Sensex basket, Kotak Mahindra Bank, HCL Technologies, ICICI Bank, Infosys, Tata Consultancy Services, Wipro, Tech Mahindra and Larsen & Toubro were the major laggards. Mahindra & Mahindra, Nestle, Tata Motors and IndusInd Bank were among the gainers.

'I'm 32. Want to invest 80k in MFs. Help'

'I'm 32. Want to invest 80k in MFs. Help'

Rediff.com20 Dec 2023

rediffGURU Dev Ashish answers your personal finance and mutual fund queries.

RBI may go for another 35 bps rate hike before pause

RBI may go for another 35 bps rate hike before pause

Rediff.com30 Nov 2022

Exactly a fortnight ahead of the Reserve Bank of India's (RBI's) next monetary policy review, a key market indicator of interest rates - the overnight indexed swap (OIS) - suggests that the central bank may tighten policy by 35 basis points and then refrain from further rate hikes. RBI Deputy Governor Michael Patra recently described the OIS as the primary instrument for hedging interest rate risk in India. The six-member Monetary Policy Committee (MPC) of the RBI will meet on December 5-7.

RBI gives clarity to 'politically exposed persons' term to meet FATF norms

RBI gives clarity to 'politically exposed persons' term to meet FATF norms

Rediff.com8 Jan 2024

The Reserve Bank of India (RBI) has updated Know Your Customer (KYC) norms for politically exposed persons (PEPs) who transact with regulated entities (REs), seeking to comply with the recommendations of intergovernmental organisation Financial Action Task Force (FATF). PEPs are individuals entrusted with prominent public functions by a foreign country, including the heads of states/governments, senior politicians, senior government or judicial or military officers, senior executives of state-owned corporations and important political party officials, said the RBI. This change is expected to provide more clarity to undertake Customer Due Diligence (CDD), said the RBI in a communication to REs.

'Farmers are our Annadata'

'Farmers are our Annadata'

Rediff.com15 Aug 2024

This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.

How To Avoid Motor Insurance Claim Rejection

How To Avoid Motor Insurance Claim Rejection

Rediff.com18 Jun 2024

Do not get repair work started without informing the insurer as the latter like to carry out end-to-end verification of damages and documents before approving a claim.

Why 4,500 Indian IT Leaders Moved On

Why 4,500 Indian IT Leaders Moved On

Rediff.com18 Apr 2024

With the rush of growth after the pandemic slowing down, many leaders are moving to firms that may be smaller but are growing much faster and have the headroom to grow.

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