News for 'Global Agency'

Halep set for immediate return to tennis after doping ban cut

Halep set for immediate return to tennis after doping ban cut

Rediff.com5 Mar 2024

Former Wimbledon and French Open champion Simona Halep had her four-year doping ban cut to nine months.

Can't fight elections, don't have money: Sitharaman

Can't fight elections, don't have money: Sitharaman

Rediff.com27 Mar 2024

Union Finance Minister Nirmala Sitharaman on Wednesday said she declined the offer of the Bharatiya Janata Party to contest elections pleading that she did not have the 'kind of funds' required for fighting the Lok Sabha polls.

ED attaches assets worth Rs 538 cr of Jet founder Naresh Goyal

ED attaches assets worth Rs 538 cr of Jet founder Naresh Goyal

Rediff.com1 Nov 2023

The Enforcement Directorate on Wednesday said it has attached in London, Dubai and India assets worth Rs 538 crore of Jet Airways founder Naresh Goyal, his family members and companies as part of a money laundering investigation linked to an alleged bank loan fraud. The attached properties include 17 residential flats, bungalows and commercial premises. Located in London, Dubai and various cities in India, these properties are in the name of various companies like Jetair Private Limited and Jet Enterprises Private Limited, Goyal, his wife Anita, and son Nivaan, the central agency said in a statement.

'Nuclear Has To Get Into Achche Din'

'Nuclear Has To Get Into Achche Din'

Rediff.com20 May 2024

'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'

HC grants bail to ISIS supporter, says fascination not association

HC grants bail to ISIS supporter, says fascination not association

Rediff.com6 May 2024

Any curious mind, the court observed, can access and download such content from the internet, which, by itself, is not a crime.

ED arrests J-K ex-minister Lal Singh in educational trust case

ED arrests J-K ex-minister Lal Singh in educational trust case

Rediff.com8 Nov 2023

Singh was under investigation by the federal agency as part of the case lodged under the Prevention of Money Laundering Act (PMLA) against an educational trust run by his wife and former legislator Kanta Andotra, they said.

Good times ahead for United Breweries as heatwave, IPL set the tone

Good times ahead for United Breweries as heatwave, IPL set the tone

Rediff.com26 Apr 2024

A cocktail of heatwave and upcoming cricketing events is expected to usher in the peak season for the country's largest beer maker, United Breweries. The beer maker, which has gained share in some key markets, will be a major beneficiary as April to July is an important period contributing to 40-45 per cent of its annual beer volumes. Going ahead, the T20 Cricket World Cup in June and the ongoing IPL will have a positive impact on volumes and should be able to offset the negative impact of elections on sales, experts believe.

Has Modi Learnt Nothing From Election Result?

Has Modi Learnt Nothing From Election Result?

Rediff.com29 Jun 2024

On June 26, for the likes of me, the music died. Any impression of potential change held forth by the outcome of the 2024 general election, was vaporised, reveals Shyam G Menon.

Soon you can buy insurance at petrol pumps, gas agencies

Soon you can buy insurance at petrol pumps, gas agencies

Rediff.com9 Jan 2021

This will help expand the distribution channels, said Subhash Chandra Khuntia, chairman of the insurance regulatory and development authority of India.

5 Chinese nationals killed in suicide attack in Pak

5 Chinese nationals killed in suicide attack in Pak

Rediff.com26 Mar 2024

At least five Chinese nationals were among the six persons killed on Tuesday when an explosive-packed vehicle rammed into their bus in Pakistan's troubled northwestern province of Khyber-Pakhtunkhwa, officials said.

Overseas loans' share in total Adani group debt portfolio declines

Overseas loans' share in total Adani group debt portfolio declines

Rediff.com5 Mar 2024

The share of foreign loans in total Adani group debt portfolio dropped to 61 per cent by September 2023 from 63 per cent as of March 2023, as the group repaid part of its foreign loans and refinanced part of older loans. The share of Indian lenders, on the other hand, rose to 39 per cent in the total debt pie in September 2023 from 37 per cent in March after a report by US-based short seller Hindenburg Research in January last year, which led to volatility in the share prices of group companies. The group's total debt remained static at Rs 2.26 trillion in the same period.

ED probing website named by NYT for Rs 86 cr foreign funding

ED probing website named by NYT for Rs 86 cr foreign funding

Rediff.com7 Aug 2023

The Enforcement Directorate (ED) is probing alleged fraudulent foreign funds infusion of more than Rs 86 crore into a company that runs the NewsClick portal even as it is expected to soon file a charge sheet in the case being probed under the anti-money laundering law, official sources said on Monday.

Regulate Big Tech's AI Now!

Regulate Big Tech's AI Now!

Rediff.com21 Mar 2024

Regulators must learn from past mistakes and act swiftly to prevent Big Tech from monopolising the AI ecosystem, argue Payal Malik and Nikita Jain.

Trudeau refused presidential suite, stayed at hotel's regular room during G20

Trudeau refused presidential suite, stayed at hotel's regular room during G20

Rediff.com21 Sep 2023

Trudeau stayed at the Lalit Hotel in the national capital during his stay for the G20 Summit.

India pitches for a rating upgrade with Moody's, questions methodology

India pitches for a rating upgrade with Moody's, questions methodology

Rediff.com16 Jun 2023

India on Friday made a strong pitch for a sovereign rating upgrade with Moody's and also questioned the parameters based on which the US-based agency accords ratings, sources said on Friday. Ahead of its annual review of the sovereign rating, Moody's Investors Service representatives met Indian government officials during which the officials highlighted the reforms and strong fundamentals of the Indian economy. A higher rating for India would mean the nation is less riskier, translating into lower interest rates on borrowings.

Huge 'tsunami' of Covid cases overwhelming global health systems: WHO

Huge 'tsunami' of Covid cases overwhelming global health systems: WHO

Rediff.com7 Jan 2022

The number of new COVID-19 cases increased exponentially by 71 per cent globally during the week December 27-January 2 as compared to the previous week, while the number of new deaths decreased by 10 per cent, the World Health Organisation said on Thursday, as the new Omicron variant led the spike.

How Modi-Shah Defeated The Stone-Pelters In Kashmir

How Modi-Shah Defeated The Stone-Pelters In Kashmir

Rediff.com10 May 2024

'An entire operation was running systematically prior to the revoking of Article 370.'

India sends medical aid among 38.5 tonnes of relief materials to Palestine

India sends medical aid among 38.5 tonnes of relief materials to Palestine

Rediff.com22 Oct 2023

The consignments were sent in a C-17 transport aircraft of the Indian Air Force.

India pledges $15 million for global vaccine alliance

India pledges $15 million for global vaccine alliance

Rediff.com4 Jun 2020

The amount was pledged as Prime Minister Narendra Modi addressed the virtual Global Vaccine Summit hosted by British Prime Minister Boris Johnson in which over 50 countries, business leaders, United Nations agencies, civil society, government ministers, heads of state and country leaders participated.

Lessons For The World From 2023

Lessons For The World From 2023

Rediff.com29 Dec 2023

One looks upon the coming new year with foreboding as current wars in Ukraine and Gaza spill over and escalate and new ones erupt in incipient fault lines across the world, notes former foreign secretary Shyam Saran.

Global Covid cases could exceed 200 million by next week: WHO

Global Covid cases could exceed 200 million by next week: WHO

Rediff.com5 Aug 2021

The global number of new cases has been increasing for more than a month, with over 4 million cases reported in the past week - July 26 to August 1, the update said.

At COP28, Modi proposes to host 2028 climate talks in India

At COP28, Modi proposes to host 2028 climate talks in India

Rediff.com2 Dec 2023

Asserting that the world does not have much time to correct the mistakes of the last century, Prime Minister Narendra Modi on Friday announced a 'Green Credit Initiative' focused on creating carbon sinks through people's participation and also proposed to host the United Nations climate conference in 2028, or COP33, in India.

India In 2023: 'Looking Like A Wow'

India In 2023: 'Looking Like A Wow'

Rediff.com27 Dec 2023

'An important dimension that shone through was the enormous pride in India, a general belief that as Indians we are starting to count globally and we are at the forefront of the world.'

Apologise to Modi, Indians: Maldivian Oppn to Prez

Apologise to Modi, Indians: Maldivian Oppn to Prez

Rediff.com30 Jan 2024

The Maldives Jumhooree Party (JP) leader Qasim Ibrahim called on Maldivian President Mohammed Muizzu to formally apologize to Prime Minister Narendra Modi and the people of India, Voice of Maldives, a Maldivian digital news outlet, reported.

Xi lands in US to have crucial meeting with Biden

Xi lands in US to have crucial meeting with Biden

Rediff.com15 Nov 2023

US President Joe Biden is set to meet his Chinese counterpart on Wednesday in the San Francisco Bay Area, CNN reported, citing senior US administration officials.

A first for an Indian! Piyush Pandey is Ogilvy's global creative head

A first for an Indian! Piyush Pandey is Ogilvy's global creative head

Rediff.com6 Dec 2018

This is the first time that an Indian has been elevated to this position, highlighting the growing importance of the domestic advertising industry in the global space.

RBI hikes FY24 GDP growth forecast to 7%

RBI hikes FY24 GDP growth forecast to 7%

Rediff.com8 Dec 2023

The Reserve Bank of India on Friday raised the GDP growth projection for the current fiscal to 7 per cent from 6.5 per cent earlier on buoyant domestic demand and higher capacity utilisation in the manufacturing sector. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das, however, flagged protracted geopolitical turmoil and global economic fragmentation as risks to the growth outlook. The RBI kept interest rates unchanged at 6.5 per cent in Friday's monetary policy statement.

Adani Power revives old ambitions as power demand surges in India

Adani Power revives old ambitions as power demand surges in India

Rediff.com10 Apr 2024

Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.

Doping Saga: Russian figure skater's Olympic gold stripped

Doping Saga: Russian figure skater's Olympic gold stripped

Rediff.com30 Jan 2024

Russian figure skater Valieva banned for doping, ROC loses Olympic gold

India Tops On Crypto Adoption

India Tops On Crypto Adoption

Rediff.com23 Dec 2023

'India's emergence as a top crypto market comes despite a regulatory and tax environment that can be challenging for the industry to navigate.'

G20 Summit: Startups hope Delhi Declaration to help ease capital access

G20 Summit: Startups hope Delhi Declaration to help ease capital access

Rediff.com11 Sep 2023

The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.

Poverty in India eased in '21, but was above '18 level: World Bank data

Poverty in India eased in '21, but was above '18 level: World Bank data

Rediff.com19 Oct 2023

Extreme poverty in India declined by 38 million in 2021 to 167.49 million after a surge in the two preceding years, but remained above the 2018 level, the latest World Bank data shows. While for most countries poverty rose in 2020, when the Covid-19 pandemic hit the global economy, the data shows poverty shot up in India a year earlier in 2019 to 176.09 million from 151.79 million in 2018, the lowest pre-pandemic count. India's poverty rate at 11.9 per cent in 2021 also remained higher than the 2018 level of 11.09 per cent, though easing from 14.72 per cent in 2020.

India overtakes Hong Kong as world's fourth-largest stock market

India overtakes Hong Kong as world's fourth-largest stock market

Rediff.com23 Jan 2024

Benchmark indices--Sensex and Nifty--were 0.7-0.8 per cent higher from the Saturday closing. Among the widely-tracked Nifty 50 stocks, 39 advanced and the rest 11 declined at the opening bell. Among the individual stocks, Cipla, ICICI Bank, Sun Pharma, Power Grid Corp, and Bharti Airtel were the top five gainers, while Asian Paints, Hindustan Unilever, Britania, HDFC Bank, and BPCL the losers, NSE data showed. On Monday, Indian stock exchanges were closed for trading on the occasion of Pran Pratistha of Ram Temple in Ayodhya.

Valieva's positive drug test prompts global outrage at Russia

Valieva's positive drug test prompts global outrage at Russia

Rediff.com11 Feb 2022

Kamila Valieva is one of the youngest Olympic athletes to test positive for a banned substance

India slips to 101st rank in Global Hunger Index; behind Pak, B'desh

India slips to 101st rank in Global Hunger Index; behind Pak, B'desh

Rediff.com15 Oct 2021

Eighteen countries, including China, Brazil and Kuwait, shared the top rank with GHI score of less than five, the website of the Global Hunger Index that tracks hunger and malnutrition said on Thursday.

Unclaimed insurance funds higher in agent-sold policies: Analysts

Unclaimed insurance funds higher in agent-sold policies: Analysts

Rediff.com4 Mar 2024

The unclaimed funds within the life insurance sector are higher from policies sold by agents as against other channels like bancassurance or a digital platform, said analysts and officials from insurance companies. Unclaimed life insurance funds refer to the proceeds of insurance policies including death or survival benefits not claimed by the beneficiary or the policyholder. Bancassurance means selling an insurance product through banks.

Global leaks: Why ED can't probe these 'culprits'

Global leaks: Why ED can't probe these 'culprits'

Rediff.com19 Nov 2019

This is because no prosecution complaint has been filed in any of these cases under the Black Money Act.

Oil prices surge after OPEC+ cut output

Oil prices surge after OPEC+ cut output

Rediff.com3 Apr 2023

The Oil prices have surged and surpassed $85 per barrel after several oil producer countries announced surprise cuts in production, TASS Agency reported. According to the Russian News Agency, this is the first time since March 7 that the price of futures contracts of Brent crude oil surged. The price of futures contracts of Brent crude oil for June 2023 delivery on London's ICE surpassed $85 per barrel.

NIA attaches 17 properties of J-K businessman in terror funding case

NIA attaches 17 properties of J-K businessman in terror funding case

Rediff.com12 Jun 2023

The National Investigation Agency (NIA) on Monday attached 17 properties of Kashmiri businessman Zahoor Ahmed Shah Watali in a terror funding case, the agency said.

Modi Or Manmohan? Who Travelled More?

Modi Or Manmohan? Who Travelled More?

Rediff.com27 Feb 2024

While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.