News for 'Global Scenario'

Decision soon on new base year for GDP calculation

Decision soon on new base year for GDP calculation

Rediff.com5 Nov 2019

Though the ministry is considering 2017-18 as the new base year, no decision has been taken as the committees of experts are awaiting some more data before finalising their opinion.

Olympics: Tokyo heat roasts outdoor athletes amid heat-stroke risk

Olympics: Tokyo heat roasts outdoor athletes amid heat-stroke risk

Rediff.com1 Aug 2021

The Tokyo Games, from July 23 to Aug. 8, coincide with the year's hottest weather in Tokyo where the temperature can rise to 35 degree Celsius (95F) or more. The 1964 Tokyo Summer Olympics were held in October.

India's FIH Pro League tie against NZ cancelled

India's FIH Pro League tie against NZ cancelled

Rediff.com10 Apr 2020

"Hockey India would like to confirm that all the tickets of India's matches against New Zealand on 23 & 24 May 2020 that were bought by our fans whether online or offline would be refunded," Norman said.

Invesco, Zee saga drags on

Invesco, Zee saga drags on

Rediff.com11 Oct 2021

In an open letter to Zee's shareholders, Invesco, which holds a 7.74 per cent stake in the firm, reiterated its demand for an overhaul of the media group's board and that it would pursue extraordinary general meeting (EGM) to oust chief executive Punit Goenka and two other directors. Last month, Sony Group Corp's India unit signed a non-binding offer to buy Zee.

IPL teams face severe punishments for breaching bio-bubble

IPL teams face severe punishments for breaching bio-bubble

Rediff.com1 Oct 2020

Point deductions, player sacking among other penalties for not adhering to COVID-19 protocols.

Why gig economy jobs are growing

Why gig economy jobs are growing

Rediff.com23 Oct 2020

'In the current scenario e-commerce delivery is flourishing, driving demand.'

How to buy mediclaim for your family

How to buy mediclaim for your family

Rediff.com1 Feb 2022

Rakesh Kaul, CDO, Edelweiss General Insurance, answers your health insurance queries.

Don't Be OVER-OBSESSED With Stocks

Don't Be OVER-OBSESSED With Stocks

Rediff.com3 Jan 2022

Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.

Markets: 'Volatility to remain higher than usual'

Markets: 'Volatility to remain higher than usual'

Rediff.com3 Jun 2022

'Periods of high volatility are usually bad for mid-caps and this is something that has to be kept in mind.' 'Focus on quality is of paramount importance.'

Covid fight not over, be satark, saavdhan: Modi at high-level review meeting

Covid fight not over, be satark, saavdhan: Modi at high-level review meeting

Rediff.com23 Dec 2021

Modi gave directions to officials during a high-level meeting to review the status of COVID-19 and Omicron, the new variant of concern (VOC), and said "we should be 'satark' (vigilant) and 'saavdhan' (cautious)".

Budget 2022: Insurers want investment limit of 80C hiked

Budget 2022: Insurers want investment limit of 80C hiked

Rediff.com26 Jan 2022

Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance. The insurers also want reduction in the goods and services tax (GST) rate of 18 per cent currently applied on health insurance products to 5 per cent to make such products more affordable to common people. Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1.

Road ahead for 'mock meat' is long but holds promise

Road ahead for 'mock meat' is long but holds promise

Rediff.com30 Jan 2022

India's plant-based meat market is estimated at $30-40 million, largely driven by consumer packaged food. The market size in India is likely to touch $500 million in three years.

We will take decision at appropriate time: ICC on T20 WC

We will take decision at appropriate time: ICC on T20 WC

Rediff.com17 Apr 2020

The T20 World Cup is still six months away and ICC said it will take a decision after consulting all stakeholders, including the Australian government.

Farmers should get more avenues to sell crops: PM

Farmers should get more avenues to sell crops: PM

Rediff.com1 Mar 2021

Without making any direct reference to the three new farm reform laws or to the three-month-old agitation by farmers, Modi said there is a need for expanding options for the country's farming community to sell agri produce.

World's biggest shutdown may cost India Rs 7-8 lakh cr

World's biggest shutdown may cost India Rs 7-8 lakh cr

Rediff.com13 Apr 2020

The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.

'Taliban win would pose major risks for Pakistan'

'Taliban win would pose major risks for Pakistan'

Rediff.com13 Aug 2021

'The worst case scenario for Pakistan is a full-scale Taliban takeover of Afghanistan.' 'Pakistani militants would be inspired and emboldened and seek to replicate the Taliban's successes in Pakistan.'

'We remain positive on India though there could be some blips on the way'

'We remain positive on India though there could be some blips on the way'

Rediff.com25 Oct 2021

'Slower-than-anticipated recovery can be a bigger risk this time than a liquidity-driven event -- at least for India.'

Worked on T20 bowling, WC kind of my main goal: Cummins

Worked on T20 bowling, WC kind of my main goal: Cummins

Rediff.com29 Oct 2021

Australia pace spearhead Pat Cummins on Friday said he is glad that the effort he put into his T20 bowling in the last four-five months is giving him the desired results in the ongoing World Cup, which has been his "main goal" for a while.

Is the worst over for Indian banks?

Is the worst over for Indian banks?

Rediff.com24 Mar 2022

Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?

'With China, Indian soldiers have a much tougher job'

'With China, Indian soldiers have a much tougher job'

Rediff.com12 Jun 2020

'They cannot use firearms.' 'They have to be restrained.' 'It is a game of patience and chess board moves.' 'It is not like India and Pakistan where bullets get fired and people get killed.'

11 tech careers that can CHANGE your future

11 tech careers that can CHANGE your future

Rediff.com25 Sep 2020

It is imperative that young aspirants consider career options that will guarantee job security -- roles that are centred around technology.

Investors become poorer by Rs 14.22 lakh crore

Investors become poorer by Rs 14.22 lakh crore

Rediff.com23 Mar 2020

Sebi's move to curb volatility didn't work for the market as rules were applicable for both long and short positions which makes difficult new long positions while short positions caused more price damage due to lack of liquidity.

Sensex slips from lifetime high on profit booking

Sensex slips from lifetime high on profit booking

Rediff.com18 Apr 2019

Top losers in the Sensex pack included Yes Bank, Vedanta, IndusInd Bank, Tata Steel, L&T, SBI, NTPC, Kotak Bank, HDFC, HDFC Bank, PowerGrid, Infosys and ITC, falling up to 4.18 per cent.

India engaging with China diplomatically, militarily: Foreign secy

India engaging with China diplomatically, militarily: Foreign secy

Rediff.com6 Jul 2020

Shringla said that diplomacy is looking at a very changed scenario in terms of how statecraft and relations between countries work in the wake of the pandemic.

FMCG firms assure uninterrupted supply amid curfew in Maharashtra

FMCG firms assure uninterrupted supply amid curfew in Maharashtra

Rediff.com14 Apr 2021

FMCG firms such as ITC, Parle Products, Marico, Emami, PepsiCo India and CG Corp Global on Wednesday assured uninterrupted supply of their products based on the learnings from the last year's lockdown, even as surge in COVID-19 cases in India forced Maharashtra to declare a 15-day curfew while other states also imposing various restrictions.

'Omicron is not the end of the pandemic'

'Omicron is not the end of the pandemic'

Rediff.com1 Feb 2022

'The pandemic ends only when 70 per cent of the world is vaccinated with two doses.'

India's gold demand to hit 11-year low in Q2 on high price

India's gold demand to hit 11-year low in Q2 on high price

Rediff.com1 Aug 2020

This was because of the closure of retail shops and factories after the nationwide lockdown was imposed to prevent spread of Covid-19, and a sharp increase in the metal's price.

FPIs stay bullish on Indian equities; pump $6.3 bn in Q2

FPIs stay bullish on Indian equities; pump $6.3 bn in Q2

Rediff.com18 Nov 2020

Overseas investors have pumped in $6.3 billion in Indian equity markets in three months ended September on attractive valuations, opening-up of the economy and resumption in business activities, says a Morningstar report. This comes following a net inflow of $3.9 billion in June quarter and a net withdrawal of $6.38 billion in March quarter. Apart from inflow, the value of FPI investments in Indian equities swelled further during the quarter under review largely on the back of robust net inflows, coupled with a strong performance of the Indian equity markets.

RBI's asset purchases did not dilute its balance sheet: Das

RBI's asset purchases did not dilute its balance sheet: Das

Rediff.com25 Feb 2021

Reserve Bank Governor Shaktikanta Das on Thursday said the central bank's asset purchases, aimed at mitigating COVID-19-related liquidity stress in the system, did not dilute its balance sheet or compromise on core principles of central banking. In the wake of the pandemic, the RBI undertook several conventional and unconventional measures. "Unlike many central banks, the RBI's asset purchases did not dilute its balance sheet and hence, did not compromise on core principles of central banking," Das said while addressing an event organised by the Bombay Chamber of Commerce. These purchases were confined to risk-free sovereign (government) bonds including state government securities only, he said.

Decade's worst time for diamond industry

Decade's worst time for diamond industry

Rediff.com29 Apr 2020

Diamond industry expects revenues to drop by 20-25% in the current financial year.

'Be ready to to play heaps and heaps of cricket'

'Be ready to to play heaps and heaps of cricket'

Rediff.com2 May 2020

Australia's Marnus Labuschagne is bracing for "heaps and heaps of cricket" once the coronavirus pandemic subsides, the prolific top order batsman said on Saturday. The global health crisis has halted international sports, postponing several bilateral cricket series and jeopardising this year's Twenty20 World Cup scheduled in October-November in Australia.

Want to buy a Lamborghini?

Want to buy a Lamborghini?

Rediff.com2 Jan 2021

A flurry of new models like the Huracan STO, Huracan EVO RWD Spyder will arrive in India in 2021.

Markets wobble on Chinese woes, Fed hike fears

Markets wobble on Chinese woes, Fed hike fears

Rediff.com20 Aug 2015

The FMCG index gained more than 1% on the back of stellar gains in ITC.

Why US, Russia Want India On Its Side

Why US, Russia Want India On Its Side

Rediff.com7 Mar 2022

'India enjoys the maneuverability of a coming big power.' 'It is this possibility that has persuaded Moscow to humour India and stayed Washington from getting punitive about India's neutrality on the Ukraine issue.'

Google to bring Pixel 4a to India in Oct

Google to bring Pixel 4a to India in Oct

Rediff.com4 Aug 2020

The company will, however, not bring its new 5G-enabled Pixel 5 and Pixel 4a (5G) to India and Singapore markets.

Skirmishes between India and Pakistan over Kashmir worries outgoing US NSA

Skirmishes between India and Pakistan over Kashmir worries outgoing US NSA

Rediff.com18 Jan 2017

Nuclear powered India and Pakistan are constantly skirmishing in Kashmir, the outgoing US National Security Advisor, Susan Rice, said identifying some of the Russian actions, Syria along with North Korea and South Asia or a pandemic flu as some of the less probable but catastrophic scenarios globally.

Xi, Modi have plan to avoid future Doklams

Xi, Modi have plan to avoid future Doklams

Rediff.com25 Oct 2017

'That the two sides allowed such a situation to arise exposed the level of inaction and inefficiency in China-India border management.' 'The Modi-Xi meeting in Xiamen initiated a process to to avert such contingencies in the future.'

With eye on China, Rajnath stresses on maritime security in IOR

With eye on China, Rajnath stresses on maritime security in IOR

Rediff.com4 Feb 2021

Maritime resources will be key to sustained growth and development of nations across the Indian Ocean Region (IOR) in the ongoing century, he said delivering his keynote address at the IOR Defence Ministers' Conclave held on the margins of Aero India-2021, India's premier defence and aerospace show.

Budget will play a critical role in reviving growth: Economists

Budget will play a critical role in reviving growth: Economists

Rediff.com8 Jan 2020

Measures that quickly boost demand and increase employment are needed to push up growth. Moreover, without announcing new planss, the government should strengthen schemes such as PM KISAN, MNREGA and programmes to build rural roads.