News for 'Foreign Service Institute'

Sensex regains 75K-mark; Nifty gains 201 points

Sensex regains 75K-mark; Nifty gains 201 points

Rediff.com6 Jun 2024

Among the 30 Sensex companies, Tech Mahindra, HCL Technologies, State Bank of India, NTPC, Infosys, Larsen & Toubro, Tata Consultancy Services and Wipro emerged as the biggest gainers. Hindustan Unilever, Asian Paints, Mahindra & Mahindra, Nestle, IndusInd Bank and Sun Pharma were among the laggards.

IAS officer jumped into pool to save female colleague, drowns

IAS officer jumped into pool to save female colleague, drowns

Rediff.com30 May 2017

The deceased, Ashish Dahiya, was a resident of Sonipat, Haryana and was attending a pool side party with friends from the Indian foreign and revenue services.

We Missed Industrial Revolution

We Missed Industrial Revolution

Rediff.com12 Jun 2024

Is India headed there again? questions Ajit Balakrishnan

FPIs invest Rs 26,565 crore in Indian equities in Jun

FPIs invest Rs 26,565 crore in Indian equities in Jun

Rediff.com30 Jun 2024

After two months of net outflow, foreign investors turned buyers in June, infusing Rs 26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets. Looking ahead, attention will gradually shift towards the budget and Q1 FY25 earnings, which could determine the sustainability of FPI flows, Vipul Bhowar, Director, Listed Investments, Waterfield Advisors, said.

Sensex breaches 81K, Nifty scales 24,800 peak

Sensex breaches 81K, Nifty scales 24,800 peak

Rediff.com18 Jul 2024

Bajaj Finserv, Infosys, Mahindra & Mahindra, Tech Mahindra, Hindustan Unilever, State Bank of India and HCL Technologies were the biggest gainers. On the contrary, Asian Paints, JSW Steel, NTPC and Adani Ports were among the laggards.

Heavy selling in IT stocks drags markets down

Heavy selling in IT stocks drags markets down

Rediff.com16 Apr 2024

From the Sensex basket, Infosys, IndusInd Bank, Bajaj Finserv, Wipro, HCL Technologies, Bajaj Finance, Tech Mahindra, Tata Consultancy Services, and Larsen & Toubro were the major laggards. Titan Company, Hindustan Unilever, HDFC Bank, Maruti, ITC, Power Grid and Reliance Industries were the gainers.

Crisis-hit Sri Lanka announces default on foreign debt

Crisis-hit Sri Lanka announces default on foreign debt

Rediff.com12 Apr 2022

A statement from the finance ministry said, 'it shall be the policy of the Sri Lankan government to suspend normal debt servicing...shall apply to amounts of affected debts outstanding on April 12, 2022'.

Stock markets rebound as GST revenues hit record in April

Stock markets rebound as GST revenues hit record in April

Rediff.com2 May 2024

From the Sensex basket, Power Grid, Asian Paints, Tata Motors, Tata Steel, NTPC, Sun Pharma, Mahindra & Mahindra, HDFC Bank, Tata Consultancy Services and JSW Steel were among the major gainers. Kotak Mahindra Bank, Bharti Airtel, Axis Bank, Wipro, ICICI Bank and IndusInd Bank were among the laggards.

Sensex climbs over 560 points; Nifty tops 22,300-level

Sensex climbs over 560 points; Nifty tops 22,300-level

Rediff.com22 Apr 2024

From the Sensex basket, Larsen & Toubro, Bajaj Finance, Axis Bank, State Bank of India, UltraTech Cement, Wipro, ICICI Bank, Infosys, HCL Technologies and Asian Paints were the major gainers. NTPC, JSW Steel and HDFC Bank were the laggards.

Tech Mahindra jumps over 12% in opening trade

Tech Mahindra jumps over 12% in opening trade

Rediff.com26 Apr 2024

IT services company's CEO outlined an ambitious three-year roadmap to accelerate revenue growth and lift margins.

'As Long As Trudeau Is PM, There Won't Be De-escalating'

'As Long As Trudeau Is PM, There Won't Be De-escalating'

Rediff.com17 Oct 2024

'Canada doesn't want to de-escalate and neither does India. There is war when one party wants it, but peace is won by both parties.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com9 Jun 2024

The US Fed interest rate decision, domestic inflation data and global trends would be key driving factors in dictating movement in the market this week, as the Lok Sabha elections outcome and the RBI policy decision are behind us, analysts said. The past week was a roller-coaster ride for investors as markets swung sharply in both directions before closing with strong gains.

BFSI sector valuation discount at new high

BFSI sector valuation discount at new high

Rediff.com4 Oct 2024

Companies in the banking, finance sector and insurance (BFSI) sector have underperformed on the bourses despite leading the earnings growth charts in the post-pandemic period. This has created a dichotomy between their earnings and share prices. BFSI companies have never been less expensive than the rest of the equity market.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com19 Nov 2023

Stock markets will be largely driven by global trends in the absence of any major domestic triggers this week, say analysts. The trading activity of foreign investors, global crude oil prices and rupee-dollar movement will also influence market movement, they said. "Anticipating a period of consolidation in the absence of clear global cues, the market's trajectory will likely hinge on the movement of the US bond yields, the dollar index, and crude oil prices, as well as institutional flows.

Why Did Biden Spurn R-Day Invite?

Why Did Biden Spurn R-Day Invite?

Rediff.com15 Dec 2023

Biden is not risking his reputation in a crucial election year, argues Ambassador M K Bhadrakumar.

Sensex ends down 166 points, Nifty settles below 24K

Sensex ends down 166 points, Nifty settles below 24K

Rediff.com6 Aug 2024

From the 30 Sensex pack, State Bank of India, Mahindra & Mahindra, Bharti Airtel, Titan, HDFC Bank, IndusInd Bank, Axis Bank and Bajaj Finance were the biggest laggards. JSW Steel, Tech Mahindra, Larsen & Toubro, Hindustan Unilever, HCL Technologies and Reliance Industries were among the gainers from the pack.

Markets spurt nearly 1% on buying in HDFC Bank, Infosys

Markets spurt nearly 1% on buying in HDFC Bank, Infosys

Rediff.com16 May 2024

Among the Sensex components, Mahindra & Mahindra, Bharti Airtel, Tech Mahindra, Titan, Infosys, JSW Steel, Bajaj Finserv, HDFC Bank, Larsen & Toubro and Kotak Mahindra Bank were the major gainers. Maruti, State Bank of India, Power Grid, Tata Motors and IndusInd Bank were the laggards.

Markets at fresh highs on buying in HDFC Bank, RIL

Markets at fresh highs on buying in HDFC Bank, RIL

Rediff.com14 Jun 2024

Among the 30 Sensex companies, Mahindra & Mahindra, Titan, HDFC Bank, Reliance Industries, UltraTech Cement, Bajaj Finance, Axis Bank, Tata Motors and Asian Paints were the biggest gainers. On the other hand, Tech Mahindra, Tata Consultancy Services, Wipro, HCL Technologies, Larsen & Toubro and State Bank of India were among the major laggards.

High Time India Resists Real Estate Mania

High Time India Resists Real Estate Mania

Rediff.com14 Oct 2024

Once we break free of the idea that land is scarce, real estate is just a pile of bricks, steel, and glass. Any price surge will kick off a supply response, which kills off the possibility of sustained price appreciation, points out Ajay Shah.

South Asia: It Is Climate Change, Stupid

South Asia: It Is Climate Change, Stupid

Rediff.com21 Sep 2024

India should encourage the second coming of SAARC with climate change as an urgent agenda and keeping Indian security concerns in mind as the subtext, suggest Lieutenant General Ashok Joshi (retd) and Colonel Anil Athale (retd).

MFs Pump Rs 1.8 Trillion Into Markets

MFs Pump Rs 1.8 Trillion Into Markets

Rediff.com29 Jun 2024

Domestic institutional investors pumped Rs 2.3 trillion into equities during H1 CY24. Of this, mutual funds contributed 80%.

Sensex, Nifty hit fresh peaks on firm global cues

Sensex, Nifty hit fresh peaks on firm global cues

Rediff.com8 Apr 2024

From the Sensex basket, Maruti, Mahindra & Mahindra, NTPC, JSW Steel, Larsen & Toubro, Reliance Industries, Axis Bank, and Power Grid were the major gainers. Nestle, Wipro, Tata Consultancy Services, HDFC Bank, Titan, HCL Technologies and Infosys were the laggards.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com16 Jun 2024

With the absence of any major immediate domestic trigger in sight, investors would focus on global trends and trading activity of foreign investors for further cues in a holiday-shortened week ahead, analysts said. Movement of global oil benchmark Brent crude and rupee-dollar trend would also guide the market. "This week is a truncated one with no major triggers expected. However, we anticipate sector-specific movements amid budget-related buzz.

Factors that wll dictate markets this week

Factors that wll dictate markets this week

Rediff.com4 Feb 2024

Stock markets will be driven by quarterly earnings by index majors, global trends and the RBI's interest rate decision this week after digesting news on budget proposals and US Federal policy outcome, say analysts. The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities. "On the domestic front, the MPC (Monetary Policy Committee) meeting is scheduled from February 6-8.

Sensex, Nifty climb on firm trend in global markets

Sensex, Nifty climb on firm trend in global markets

Rediff.com24 Apr 2024

From the Sensex basket, JSW Steel, Tata Steel, Power Grid, Kotak Mahindra Bank, UltraTech Cement, NTPC and Bajaj Finance were the major gainers. Tata Consultancy Services, Tech Mahindra, Maruti, Reliance Industries and Titan were among the laggards.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Markets climb as inflation eases; Sensex ends up 328 pts

Markets climb as inflation eases; Sensex ends up 328 pts

Rediff.com14 May 2024

From the Sensex basket, Mahindra & Mahindra, Larsen & Toubro, JSW Steel, NTPC, IndusInd Bank, Sun Pharma, UltraTech Cement, State Bank of India, Reliance Industries, and Maruti were the major gainers. Nestle, Tata Consultancy Services, Axis Bank, ICICI Bank, Bajaj Finance, ITC, and Asian Paints were among the laggards.

Sensex jumps over 1,772 points; Nifty crosses 22K

Sensex jumps over 1,772 points; Nifty crosses 22K

Rediff.com5 Jun 2024

Among the 30 Sensex companies, Hindustan Unilever, Nestle, Asian Paints, HCL Technologies, HDFC Bank, Kotak Mahindra Bank and ITC were the biggest gainers. Larsen & Toubro, Power Grid, NTPC and State Bank of India were among the laggards.

Sensex jumps 941 points on bank stocks and firm global trends

Sensex jumps 941 points on bank stocks and firm global trends

Rediff.com29 Apr 2024

Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 level on Monday on the back of buying in banking and infra shares and a global stocks rally. The 30-share BSE Sensex jumped 941.12 points or 1.28 per cent to settle at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.

FPIs bet on financial services sector; inject Rs 14,205 cr in Nov

FPIs bet on financial services sector; inject Rs 14,205 cr in Nov

Rediff.com8 Dec 2022

The Indian financial services space seems to be in a sweet spot as foreign investors have made a net investment of Rs 14,205 crore ($2.1 billion) in the sector in November amid strong credit growth and manageable non-performing loan portfolio. The investment comes following a net withdrawal of Rs 4,686 crore from financial services stocks in October on account of profit booking. Overall, foreign portfolio investors (FPIs) have made a net investment of Rs 36,238 crore in the country's equity markets in November.

Markets climb on buying in Reliance, Infosys

Markets climb on buying in Reliance, Infosys

Rediff.com22 May 2024

Among the Sensex firms, Hindustan Unilever, Reliance Industries, Infosys, Asian Paints, ITC and UltraTech Cement were the major gainers. State Bank of India, JSW Steel, Axis Bank, ICICI Bank, Tata Steel and Tata Motors were among the laggards.

Sensex breaches 78K for 1st time, Nifty @ record high

Sensex breaches 78K for 1st time, Nifty @ record high

Rediff.com25 Jun 2024

Among the 30 Sensex companies, Axis Bank, ICICI Bank, HDFC Bank, Tech Mahindra, Larsen & Toubro, Bajaj Finserv, State Bank of India, Reliance Industries and Infosys were the biggest gainers. Power Grid, Asian Paints, Tata Steel, Nestle, Maruti and JSW Steel were among the laggards.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com1 Sep 2024

Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement of rupee against the US dollar. "The next FOMC (Federal Open Market Committee) meeting is scheduled for mid-September, but before that, the market will be closely watching upcoming US economic data.

'Not hard proof, just...': Trudeau's big admission on Nijjar killing

'Not hard proof, just...': Trudeau's big admission on Nijjar killing

Rediff.com17 Oct 2024

Trudeau claimed the Indian diplomats were collecting information on Canadians who are in disagreement with the Narendra Modi government and passing it to the highest levels within the Indian government and criminal organisations like the Lawrence Bishnoi gang.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com7 Jan 2024

Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with global trends, analysts said. Besides, global oil benchmark Brent crude, rupee-dollar trend and trading activity of foreign investors would also dictate the movement, they said. "On the domestic front, all eyes will be on the beginning of corporate performance for the third quarter of the current fiscal year.

Sensex climbs over 250 pts on buying in Reliance, M&M

Sensex climbs over 250 pts on buying in Reliance, M&M

Rediff.com17 May 2024

M&M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC. Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece. In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.

Sensex climbs 305 points on buyingi in index heavyweights

Sensex climbs 305 points on buyingi in index heavyweights

Rediff.com27 Feb 2024

Among the Sensex firms, Tata Motors, Tata Consultancy Services, IndusInd Bank, Power Grid, Bharti Airtel, Sun Pharma, JSW Steel and Tata Steel were the major gainers. On the other hand, Bajaj Finance, State Bank of India, Bajaj Finserv, Axis Bank and NTPC were among the laggards.

Sensex rallies 599 pts on buying in banking, auto shares

Sensex rallies 599 pts on buying in banking, auto shares

Rediff.com19 Apr 2024

From the Sensex basket, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, JSW Steel, Maruti, Wipro, Bharti Airtel, Bajaj Finserv, ICICI Bank and ITC were the major gainers. Nestle India, HCL Technologies, Larsen & Toubro, Tata Consultancy Services, Tata Motors and Infosys were among the laggards.

Why did IndiGo share price fall 5% post Q1 2024-25 results?

Why did IndiGo share price fall 5% post Q1 2024-25 results?

Rediff.com31 Jul 2024

IndiGo share price today: IndiGo share price fell as much as 4.8 per cent to a low of Rs 4,275 per share on the BSE in Monday's intraday trade as investors booked profit in the stock post a its April-June quarter (Q1) results for financial year 2024-25 (FY25). The stock ended 1.36 per cent lower at Rs 4,430 as against a 23-points gain in the benchmark BSE Sensex. The selling also got exacerbated as the management commentary, post Q1FY25 results, highlighted that inflationary pressure could likely dent July-September (Q2FY25) performance.

Sensex closes flat, Nifty slips on profit taking

Sensex closes flat, Nifty slips on profit taking

Rediff.com6 May 2024

From the Sensex basket, Kotak Mahindra Bank jumped 5 per cent after the company reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. Tata Consultancy Services, Hindustan Unilever, Mahindra & Mahindra, Sun Pharma, Tech Mahindra and IndusInd Bank were among the other major gainers. Titan tanked 7 per cent after its March quarter earnings failed to cheer investors.