News for 'Globe Asian'

Sensex zooms 1,223 points on gains in Reliance, HDFC twins

Sensex zooms 1,223 points on gains in Reliance, HDFC twins

Rediff.com9 Mar 2022

From the 30-share pack, Asian Paints, Reliance Industries Limited, Bajaj Finance, Mahindra & Mahindra, Indusind Bank, Bajaj Finserv, Maruti Suzuki, HDFC Bank and UltraTech Cement were the major gainers, jumping up to 5.56 per cent.

Russian crude will keep flowing into India at least till Dec

Russian crude will keep flowing into India at least till Dec

Rediff.com14 Dec 2022

India will need to travel back in time and seek inspiration from football greats Tulsidas Balaram and Chuni Goswami to deftly dribble around and sidestep the West-imposed price cap on exports of Russian seaborne crude oil. India depends on imported oil to meet 86 per cent of its needs, of which nearly a quarter now comes from Russia. The copious flows are roughly 10 per cent cheaper than competing suppliers helping India save billions of dollars in fuel costs.

Indian markets worst Asian performers in Dec

Indian markets worst Asian performers in Dec

Rediff.com17 Dec 2014

Sensex, Nifty have lost about 6%, against 0.5-5% decline in other key Asian indices.

US overreacted by using force: China on 'spy balloon' row

US overreacted by using force: China on 'spy balloon' row

Rediff.com10 Feb 2023

During a regular press conference on Thursday, the Chinese foreign ministry spokesperson Mao Ning said that the unmanned Chinese civilian airship into US airspace is entirely caused by 'force majeure'.

Indian pharma cos shifting R&D to SE Asian countries

Indian pharma cos shifting R&D to SE Asian countries

Rediff.com4 Jul 2013

South-east Asian countries are emerging as preferable destination for India's pharma companies to expand their business as they share similar patient population and disease profile and moreover, have a conducive environment for their operations like easy market approach without any regulatory uncertainty, the survey of Indian pharma firms highlighted.

Sensex, Nifty end flat on last trading day of 2020; close year with nearly 15% gains

Sensex, Nifty end flat on last trading day of 2020; close year with nearly 15% gains

Rediff.com31 Dec 2020

HDFC was the leading gainer among Sensex stocks on Thursday, rising by 1.65 per cent, followed by Sun Pharma, ICICI Bank, Asian Paints, Titan and Infosys. TCS was the biggest loser, shedding 1.33 per cent. Ultratech Cement, Bharti Airtel, Kotak Bank and Tech Mahindra were among the other major laggards.

Behind govt's RS nominations, BJP's big southern outreach

Behind govt's RS nominations, BJP's big southern outreach

Rediff.com6 Jul 2022

Iconic composer Ilaiyaraaja, celebrated athlete PT Usha, philanthropist Veerendra Heggade and screenwriter V Vijayendra Prasad Garu were nominated to Rajya Sabha on Wednesday.

'Asian mobile apps challenge tech giants like Apple, Google'

'Asian mobile apps challenge tech giants like Apple, Google'

Rediff.com4 Nov 2014

New inventions allow Tencent Holdings' WeChat users to book taxis, top up phone credit, while Clone Algo's YAY App users are able to talk and chat free besides being able to apply for online for micro loans and use Clone Algo trading algorithms.

Sensex tumbles 300 pts; Nifty ends below 11,200

Sensex tumbles 300 pts; Nifty ends below 11,200

Rediff.com22 Sep 2020

Maruti was the top loser in the Sensex pack, shedding around 3 per cent, followed by L&T, IndusInd Bank, Axis Bank, ONGC, Reliance Industries, Asian Paints and HDFC. On the other hand, HCL Tech, TCS, Sun Pharma and Tech Mahindra were among the gainers.

How IBM's Bengaluru unit is priming companies for cyberattacks

How IBM's Bengaluru unit is priming companies for cyberattacks

Rediff.com27 Mar 2022

Located in a small township in the eastern part of Bengaluru is IBM's new Security Command Centre, which is surrounded by offices of multinational tech companies. This unit is the centrepiece of IBM's multi-million dollar investment to help businesses prepare for the growing threat of cyberattacks across the Asia-Pacific (APAC) region. This facility is the first of its kind in the region. It helps train in cybersecurity response techniques through highly realistic and simulated cyberattacks.

Q2 economic output likely to be hit by chip shortage

Q2 economic output likely to be hit by chip shortage

Rediff.com11 Sep 2021

Input shortages and low inventories, according to Nomura, will likely lead to production cuts and delayed shipments in the September 2021 quarter.

Flight carrying Indian boxers makes emergency landing in Dubai

Flight carrying Indian boxers makes emergency landing in Dubai

Rediff.com22 May 2021

The team reached Dubai on Saturday after being held up for over two hours in the flight, of which close to one hour was mid air

'A Global Recession Can Be Avoided'

'A Global Recession Can Be Avoided'

Rediff.com4 Oct 2022

'We continue to believe that the global economy will narrowly avoid a recession, despite expecting the US, Canada, and most of Europe to fall into recession at some point over the next year or so.'

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Rediff.com30 Sep 2022

Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projected inflation coming under control from January next year. A strong recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex soared 1,016.96 points or 1.80 per cent to settle at 57,426.92. During the day, it rallied 1,312.67 points or 2.32 per cent to 57,722.63.

Year Ender 2022: Greco Roman, junior wrestlers shine

Year Ender 2022: Greco Roman, junior wrestlers shine

Rediff.com24 Dec 2022

The Greco Roman style, a poor cousin of free style wrestling in India, had a lot cheer with historic three-medal performance at the U-23 World Championships through Sajan Bhanwala, Nitesh and Vikas.

Top Carmakers Post Double-Digit Export Growth With Maruti At The Wheel

Top Carmakers Post Double-Digit Export Growth With Maruti At The Wheel

Rediff.com4 Jan 2023

Clock 11% growth in the first 11 months of 2022.

NDTV founders Prannoy and Radhika Roy to sell company stake to Adani

NDTV founders Prannoy and Radhika Roy to sell company stake to Adani

Rediff.com23 Dec 2022

NDTV founders Prannoy Roy and his wife Radhika Roy on Friday said they will sell all but 5 per cent of their remaining shareholding in the news broadcaster to Adani Group for up to Rs 647.6 crore. Roys, who founded New Delhi Television Ltd (NDTV) as India's first and largest private producer of news current affairs and entertainment television, lost their status of being the company's largest shareholder in recent weeks. This follows Adani Group becoming the majority shareholding of NDTV after first buying out a company backed by the founders and then acquiring more shares from the open market.

Asian markets tumble as Wall Street crashes

Asian markets tumble as Wall Street crashes

Rediff.com27 Jul 2007

The Wall Street crash brought down markets across the globe, with Hong Kong stocks falling almost 2 percent on Friday, on investors' fear that the bad US credit situation could blow into a full scale financial crisis.

Sensex rallies 495 points to cross 46k for first time

Sensex rallies 495 points to cross 46k for first time

Rediff.com9 Dec 2020

Asian Paints was the top gainer in the Sensex pack, rising around 3 per cent, followed by Kotak Bank, Axis Bank, HDFC Bank, Infosys, Reliance Industries and ITC. Broader NSE Nifty rallied 136.15 points or 1.02 per cent to its new record high of 13,529.10.

Markets decline nearly 1%; Sensex sinks 537 points

Markets decline nearly 1%; Sensex sinks 537 points

Rediff.com27 Apr 2022

Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Wednesday due to profit booking in banking, financial and IT stocks after a recent rally. The 30-share BSE Sensex plunged 537.22 points or 0.94 per cent to end at 56,819.39 as 24 of its stocks declined. During the day, it tanked 772.57 points or 1.34 per cent to touch a low of 56,584.04. The broader NSE Nifty declined by 162.40 points or 0.94 per cent to 17,038.40 with 39 of its constituents ending in the red. Bajaj Finance was the biggest loser among Sensex stocks, dropping by 7.24 per cent.

Rain threat looms as India-Pak set for T20 WC showdown

Rain threat looms as India-Pak set for T20 WC showdown

Rediff.com22 Oct 2022

Thousands of fans from both countries have crisscrossed the globe to watch their team in action and trust rival captains Rohit Sharma and Babar Azam to tell you this is another 'match' for them, but all the 22 players and reserves know that this is 'The Match'.

B-Schools: Consulting Tops Interns Hires

B-Schools: Consulting Tops Interns Hires

Rediff.com9 Nov 2022

...followed by financial services, IT, and sales and marketing.

Markets lose glitter ahead of Diwali as Bihar, US Fed play spoilsport

Markets lose glitter ahead of Diwali as Bihar, US Fed play spoilsport

Rediff.com10 Nov 2015

Sensex,Nifty to remain under pressure through the week.

'Kabaddi's inclusion in Olympics is our ultimate goal'

'Kabaddi's inclusion in Olympics is our ultimate goal'

Rediff.com27 Apr 2020

Union Minister of Youth Affairs and Sports Kiren Rijiju called upon all the Asian countries to come together to ensure Kabaddi's inclusion in the Olympics. Rijiju addressed over 700 kabaddi coaches from all over India and from other countries, including Korea and Malayasia at the Online Coaches Knowledge Enhancement session organised by the Sports Authority of India (SAI).

CWG 2022: Opportunity for Vinesh, Sakshi to regain form

CWG 2022: Opportunity for Vinesh, Sakshi to regain form

Rediff.com20 Jul 2022

The CWG will be important not only for Vinesh and Sakshi but also for Bajrang Punia, who has been a bit iffy about his attacking prowess

COVID-19 could lead to hockey's slow death in Pakistan: PHF

COVID-19 could lead to hockey's slow death in Pakistan: PHF

Rediff.com3 May 2020

Hockey is struggling to survive in the country because of lack of sponsors owing to the national team's poor show at the international stage.

Sovereign fund flow: India replaces China as most sought-after destination

Sovereign fund flow: India replaces China as most sought-after destination

Rediff.com17 Dec 2020

In the year 2020 to date, these funds deployed capital worth a record $14.8 billion in India, which is nearly three times more than what they have put in China - $4.5 billion.

Fintech unicorn Razorpay's value jumps to $7.5 bn; up 7.5x in 15 months

Fintech unicorn Razorpay's value jumps to $7.5 bn; up 7.5x in 15 months

Rediff.com20 Dec 2021

Fintech unicorn Razorpay has raised $375 million in the Series F round of funding at a $7.5-billion valuation, making it India's second-most valuable start-up in this space, after Paytm. The company valuation has surged over seven times in 15 months, helping it push Walmart-owned digital payments firm PhonePe to the third spot on the country's most-valuable fintech list. Razorpay's latest round of fundraising was led by Lone Pine Capital, Alkeon Capital, and TCV.

'Preserve Capital In 2022'

'Preserve Capital In 2022'

Rediff.com21 Dec 2021

'For someone who wants to invest for the future or his family, diversification is necessary.' 'Diversify across asset classes -- equities, gold, real estate, fixed income, commodities, and even cryptocurrency.'

Can Navy Counter China In Indian Ocean?

Can Navy Counter China In Indian Ocean?

Rediff.com17 Sep 2022

New Delhi's regional partners in restraining a belligerent China -- primarily the US, Japan, Australia and Singapore -- would like the Indian Navy to lock down the Indian Ocean Region, while the other partners can focus on deterring the PLA (navy) in the South China Sea, explains Ajai Shukla.

Sensex nosedives 2,713 pts; Nifty gives up 9,200-mark

Sensex nosedives 2,713 pts; Nifty gives up 9,200-mark

Rediff.com16 Mar 2020

All Sensex components ended in the red. IndusInd Bank was the top loser, followed by Tata Steel, HDFC, ICICI Bank, Axis Bank, Infosys and ITC. According to traders, volatility heightened in global markets as US Federal Reserve's interest rate cut stoked concerns over an impending economic recession.

Olympic athletics qualification suspended until December

Olympic athletics qualification suspended until December

Rediff.com8 Apr 2020

The governing body of athletics has suspended Olympic qualification until December due to the coronavirus outbreak, which has forced the Tokyo Games to be postponed until 2021, it said on Tuesday. The total qualification period, which started in 2019, will be four months longer than it was originally. Meanwhile, results would continue to be recorded for statistical purposes, including for world records.

Competitiveness Index: India 43rd; Switzerland No 1

Competitiveness Index: India 43rd; Switzerland No 1

Rediff.com17 Jun 2021

India maintained 43rd rank on an annual World Competitiveness Index compiled by the Institute for Management Development (IMD) that examined the impact of COVID-19 on economies around the world this year. The 64-nation list was led by Switzerland, while Sweden has moved up to the second position (from sixth last year), Denmark has lost one place to rank third, the Netherlands has retained its fourth place and Singapore has slipped to the fifth place (from first in 2020). At eighth, Taiwan reached the top-10 for the first time since the ranking began 33 years ago (moving up from 11th last year).

13 Life Lessons from FIFA World Cup

13 Life Lessons from FIFA World Cup

Rediff.com12 Dec 2022

The stadiums at Qatar offer plenty of wisdom and chutzpah on how to take our own lives forward.

Kamala Harris pledges to rejoin Paris climate, Iran nuke deals

Kamala Harris pledges to rejoin Paris climate, Iran nuke deals

Rediff.com29 Aug 2020

Harris slammed President Donald Trump and pledged to 'rejoin' the Paris agreement on Climate Change and 'strengthen and re-enter' the Iran nuclear deal. "Joe Biden and our administration is gonna have a massive job to repair the damage done by Donald Trump and his administration, and to restore our place in the world," she said.

2021: India aimed to reshape regional power balance

2021: India aimed to reshape regional power balance

Rediff.com31 Dec 2021

India shifted gears in rejuvenating strategic ties with its major partners like the US and Russia and focused on drumming up global support for its distinct strategy in the Indo-Pacific to check Beijing's increasing muscle-flexing in the region.

Abhilash Tomy eager to go back to sea

Abhilash Tomy eager to go back to sea

Rediff.com17 Jan 2019

The naval officer had circumnavigated the globe in 2012-13, and was a special invitee at the race, which commemorates 50 years of the Sunday Times Golden Globe Race 1968-69.

COVID-19 lockdown: Golfer Rashid turns to martial arts to stay fit

COVID-19 lockdown: Golfer Rashid turns to martial arts to stay fit

Rediff.com9 Apr 2020

Rashid Khan is ranked inside top 60 in the Olympic Golf Qualification Rankings -- the cut-off for Olympics -- but with the COVID-19 pandemic shutting down all events globally, including India, he too has been confined to home.

IN PICS: The lean mean sexy Ducati Monster 795!

IN PICS: The lean mean sexy Ducati Monster 795!

Rediff.com4 Nov 2011

Ducati Monster 795, a cheaper version of the 796, will soon be launched in India With prices expected to start around Rs 5,00,000.