News for 'General Category'

GOOD News! No Drug Price Hike In 2024

GOOD News! No Drug Price Hike In 2024

Rediff.com6 Feb 2024

For the consumer, there would be practically no impact on prices of essential medicines this year.

The RBI Way Of Firefighting

The RBI Way Of Firefighting

Rediff.com8 Apr 2024

Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.

SC allows 4% Muslim quota in Karnataka to continue till May 9

SC allows 4% Muslim quota in Karnataka to continue till May 9

Rediff.com25 Apr 2023

A bench of Justices KM Joseph and BV Nagarathna said the earlier regime of four percent quota to Muslims will continue to hold field till May 9, when the matter will be heard next, without any prejudice to the contentions to be raised by the state government.

Manipur violence: Governor convenes security review meeting

Manipur violence: Governor convenes security review meeting

Rediff.com7 May 2023

According to Raj Bhavan, Governor Uikey expressed during the meeting that she had already made to all the sections of the society to solve the problem through peaceful dialogue amicably.

'Can I shift from govt NPS to individual NPS?'

'Can I shift from govt NPS to individual NPS?'

Rediff.com9 Oct 2023

Do you have financial planning queries? Ask rediffGURU Anil Rego.

'My Life Was In Danger'

'My Life Was In Danger'

Rediff.com22 Apr 2024

'I received many threatening calls and letters.' 'A fatwa was issued against me.'

Nykaa Q3 review: Analysts cut Ebitda estimates on weak discretionary demand

Nykaa Q3 review: Analysts cut Ebitda estimates on weak discretionary demand

Rediff.com15 Feb 2024

Brokerages have maintained their ratings and target prices on FSN E-Commerce Ventures, the parent company of Nykaa, after the fashion and beauty online retailer posted in-line numbers during the October-December quarter (Q3) of financial year 2023-24 (FY24). They have, however, cut earnings before interest, tax, depreciation, and amortisation (Ebitda) estimates after weak demand weighed across line items in Q3. "While revenue growth was healthy at 22 per cent year-on-year (Y-o-Y), gross margins declined 90 basis points (bps), weighed by higher discounting in own brands and lower ad income.

Should You Invest In Hybrid Mutual Funds?

Should You Invest In Hybrid Mutual Funds?

Rediff.com5 Feb 2024

Regardless of market levels, invest in stocks and equity mutual funds in a staggered manner.

Want To Invest In Silver? Read This

Want To Invest In Silver? Read This

Rediff.com5 Dec 2023

Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'

What Are Multi-Asset Allocation Funds?

What Are Multi-Asset Allocation Funds?

Rediff.com21 Feb 2024

Since MAAFs invest across multiple asset classes, they offer diversification.

Women's quota will come true after 2029, Amit Shah hints in LS

Women's quota will come true after 2029, Amit Shah hints in LS

Rediff.com20 Sep 2023

Home Minister Amit Shah on Wednesday appealed to the opposition for the unanimous passage of the women's reservation bill and said shortcomings, if any, can be rectified at a later date.

Outlook healthy for UltraTech amidst higher competition, revenue grows 8%

Outlook healthy for UltraTech amidst higher competition, revenue grows 8%

Rediff.com1 Feb 2024

UltraTech Cement's third quarter of financial year 2023-24 (Q3FY24) performance saw a combination of 6 per cent year-on-year (Y-o-Y) volume growth and 8 per cent revenue growth coupled with better realisations per tonne. The earnings before interest, taxes, depreciation, and amortisation (Ebitda) stood at Rs 3,250 crore and Ebitda per tonne was Rs 1,191. Profit after tax (PAT) was reported at Rs 1,780 crore. Other income dipped and interest costs rose.

Yogeshwar slams exemption of Bajrang, Vinesh from trials

Yogeshwar slams exemption of Bajrang, Vinesh from trials

Rediff.com19 Jul 2023

Yogeshwar asked all the wrestlers to approach IOA and lodge their protest against such unfair decision.

BJP sweeps Chandigarh mayoral polls; INDIA bloc moves HC alleging foul play

BJP sweeps Chandigarh mayoral polls; INDIA bloc moves HC alleging foul play

Rediff.com30 Jan 2024

Bharatiya Janata Party candidate Manoj Sonkar on Tuesday defeated Aam Aadmi Party's Kuldeep Kumar to win the post of mayor in the Chandigarh mayoral polls.

Why the government chose General Rawat

Why the government chose General Rawat

Rediff.com19 Dec 2016

By jettisoning the seniority principle, the government has sent a strong signal that only merit and suitability will count in occupying posts in the higher echelons of the military, writes national security expert Nitin Gokhale.

Curtains down on MP poll campaign; 2,533 candidates in race for 230 seats

Curtains down on MP poll campaign; 2,533 candidates in race for 230 seats

Rediff.com16 Nov 2023

Electioneering ended in Madhya Pradesh at 6 pm except in Naxalites-hit districts of Balaghat, Mandla and Dindori, where campaigning drew to a close early at 3 pm.

Why was West Bengal not included in citizenship law's Sec 6, asks SC

Why was West Bengal not included in citizenship law's Sec 6, asks SC

Rediff.com7 Dec 2023

The Supreme Court on Thursday directed the Centre and the Assam government to provide extensive data, including those on the number of Bangladeshi immigrants granted Indian citizenship in Assam between January 1, 1966 and March 25, 1971, while taking note of pleas that illegal immigration has impacted demography and cultural fabric of the border state.

Amending Constitution for quota 'harmful', says Sharad Pawar

Amending Constitution for quota 'harmful', says Sharad Pawar

Rediff.com13 Jan 2019

He said last-minute decisions by the Narendra Modi government with an eye on polls will not be helpful in swaying the mood of the electorates.

What Is A Start-Up Visa? How You Can Get One?

What Is A Start-Up Visa? How You Can Get One?

Rediff.com11 Mar 2024

Businesspersons who have the potential to contribute to the economy of a country are given a red carpet welcome by way of a start-up visa.

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.

200 Delhi police personnel attended 2 am meeting before NewsClick raids

200 Delhi police personnel attended 2 am meeting before NewsClick raids

Rediff.com3 Oct 2023

Apart from senior officials, the mobile handset of junior officials were kept at the station, to hide any leaked information.

Will Bull Run In PSU Banks Continue?

Will Bull Run In PSU Banks Continue?

Rediff.com6 Mar 2024

>It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay.

FMCG stocks get a boost from improving prospects; analysts are bullish

FMCG stocks get a boost from improving prospects; analysts are bullish

Rediff.com15 Jun 2023

The FMCG sector is generally considered to be a safe haven during difficult times as people never stop buying soap and toothpaste. However, weak rural and semi-urban demand has been a factor since the lockdowns of 2020-21 while rising inflation has also impacted margins. While the FMCG majors have survived on the basis of price hikes and good management practices, they have seen growth slowdowns and experienced margins being squeezed as raw materials and transport costs rose. The FMCG sector witnessed positive volume growth in the fourth quarter of the 2022-23 financial year (Q4FY23) after five consecutive quarters of decline, and the rebound in demand was led by urban markets.

Investors Must Avoid GREED!

Investors Must Avoid GREED!

Rediff.com26 Oct 2023

Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.

Want To Buy A Car? Juicy Offers Coming!

Want To Buy A Car? Juicy Offers Coming!

Rediff.com27 Nov 2023

'Nearly all companies are extending festival offers for entry-level, sedan, and hatchback segments.'

It's BJP vs Congress as MP, Chhattisgarh vote

It's BJP vs Congress as MP, Chhattisgarh vote

Rediff.com17 Nov 2023

In both of these Hindi heartland states, the straight contest between the ruling Bharatiya Janata Party and the opposition Congress.

MP: Vijayvargiya, Prahlad Patel among 28 ministers sworn-in

MP: Vijayvargiya, Prahlad Patel among 28 ministers sworn-in

Rediff.com25 Dec 2023

As many as 28 legislators, including former Union minister Prahlad Patel and Bharatiya Janata Party national general secretary Kailash Vijayvargiya, were on Monday inducted into the Madhya Pradesh cabinet led by Chief Minister Mohan Yadav.

Maha govt extends EWS quota benefits to Marathas

Maha govt extends EWS quota benefits to Marathas

Rediff.com31 May 2021

At present, a 10 per cent EWS quota is in force for those sections of the society which are not covered by any kind of reservations. The central law on the EWS quota was enacted more than two years ago to allow reservation for the poor in jobs and education among the general category.

Avoid Mistakes In Health Insurance Claim

Avoid Mistakes In Health Insurance Claim

Rediff.com12 Dec 2023

Policy owners need to avoid errors on their part to prevent claims from being denied.

'Largecaps appear attractive'

'Largecaps appear attractive'

Rediff.com30 Nov 2023

'Auto, pharma, and industrials have delivered well in the recent quarter, while businesses like quick-service restaurants, consumer staples, and durables have underperformed in volume growth.'

Congress to hold plenary, says no Opposition unity without us

Congress to hold plenary, says no Opposition unity without us

Rediff.com19 Feb 2023

The plenary session in Chhattisgarh's Nava Raipur will start from February 24 and is expected to be attended by around 15,000 delegates.

Realty stocks' rally may hit valuation hurdle

Realty stocks' rally may hit valuation hurdle

Rediff.com18 Jan 2024

Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.

Bajaj Auto's m-cap surpasses Rs 2 trillion-mark on Rs 4,000-crore buyback

Bajaj Auto's m-cap surpasses Rs 2 trillion-mark on Rs 4,000-crore buyback

Rediff.com17 Jan 2024

Bajaj Auto's market capitalisation (market cap) hit Rs 2 trillion mark for the first time. The stock of the two and three-wheeler major rallied 6 per cent to hit a new high of Rs 7,420 on the BSE in Tuesday's (January 9) intraday trade after its board approved Rs 4,000 crore share buyback at Rs 10,000 per share. The stock ended the day at Rs 7,093.75, up 1.55 per cent and its market cap a shade above Rs 2 trillion.

Looking To Invest Money For Short Term? Read This

Looking To Invest Money For Short Term? Read This

Rediff.com16 Jan 2024

These schemes are a good choice for investors contemplating a large investment in equity funds. Instead of investing all the money in one go, they can do so in a staggered manner by parking it in these schemes and then transferring it to equity mutual funds through a systematic transfer plan.

Tokyo bronze medallist Son gets 8-year ban for doping

Tokyo bronze medallist Son gets 8-year ban for doping

Rediff.com23 Feb 2023

Kazakh weightlifter Igor Son, who won bronze at the 2021 Tokyo Olympics, has been banned for eight years for doping but will not be stripped of his medal.

Court set to rule on Vinesh, Bajrang's Asian Games entry

Court set to rule on Vinesh, Bajrang's Asian Games entry

Rediff.com21 Jul 2023

Asian Games trials exemption to Phogat, Punia: HC to pronounce order on Saturday

Walmart looking at sourcing toys, shoes, bicycles from India

Walmart looking at sourcing toys, shoes, bicycles from India

Rediff.com21 May 2023

US-based retail giant Walmart is looking to source toys, shoes and bicycles from Indian suppliers as the company is targeting to increase its exports from India to USD 10 billion annually by 2027. The company also wants to develop new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness, and apparel and home textiles, a company spokesperson told PTI. Officials from the Bentonville-headquartered firm recently held a virtual meeting with several domestic toy manufacturers in India.

OBC : SC says seats can't be carried forward

OBC : SC says seats can't be carried forward

Rediff.com29 Sep 2008

The Supreme Court on Monday said that seats remaining vacant after implementing the 27 per cent OBC quota in central educational institutions have to go to General Category candidates in the same academic year and cannot be carried forward to be filled later.

10% quota for economically weak: SC to hear matter on March 28

10% quota for economically weak: SC to hear matter on March 28

Rediff.com11 Mar 2019

The apex court had earlier refused to stay the Centre's decision to grant 10 per cent quota in jobs and admissions to poor candidates in the general category.