News for 'Head of Exchange'

Will BJP give in to these demands of Bihar allies JD-U, LJP?

Will BJP give in to these demands of Bihar allies JD-U, LJP?

Rediff.com30 Jan 2025

The Janata Dal (United), an ally of the ruling Bharatiya Janata Party (BJP), has sought an extension in the tenure of the Joint Parliamentary Committee (JPC) scrutinising the bills proposing simultaneous elections. The party argued that the committee, which has only met once, requires more time for extensive consultations. Meanwhile, the Lok Janshakti Party (Ram Vilas), another BJP ally, has demanded a "special industrial package" for Bihar, highlighting the state's low per capita income compared to the national average.

Australia coach McDonald accuses India of 'intimidation'

Australia coach McDonald accuses India of 'intimidation'

Rediff.com5 Jan 2025

Australia head coach Andrew McDonald accused the Indian team of trying to 'intimidate' young batter Sam Konstas.

Markets end in green; Sensex climbs 319 points

Markets end in green; Sensex climbs 319 points

Rediff.com16 Jan 2025

Equity benchmark indices Sensex and Nifty rallied for the third session on the trot, helped by a rally in global markets after lower-than-expected consumer inflation in the US ignited hopes of more rate cuts by the Federal Reserve. The 30-share BSE index climbed 318.74 points or 0.42 per cent to revisit 77,000 level at 77,042.82.

Sensex drops 313 points ahead of RBI's rate decision

Sensex drops 313 points ahead of RBI's rate decision

Rediff.com5 Feb 2025

Titan, Nestle, Hindustan Unilever, State Bank of India, Larsen & Toubro, ITC, Zomato and Bajaj Finserv were also among the laggards. Adani Ports, IndusInd Bank, Tata Motors and HDFC Bank were among the major gainers.

Boos Rain Down On Siraj At Gabba

Boos Rain Down On Siraj At Gabba

Rediff.com14 Dec 2024

'Siraj is now getting flak from the same 'saints' of Australian cricket who once prided themselves on their on-field aggression.'

Relief to Adani? Trump pauses enforcement of foreign bribery law

Relief to Adani? Trump pauses enforcement of foreign bribery law

Rediff.com11 Feb 2025

US President Donald Trump signed an executive order directing the Department of Justice to pause enforcing a nearly half-century-old law that was used to launch a bribery investigation against the Adani Group. Trump signed an order to pause enforcing of the 1977 Foreign Corrupt Practices Act (FCPA) that prohibits American companies and foreign firms from bribing officials of foreign governments to obtain or retain business.

Relief to Adani? Trump pauses foreign bribery law

Relief to Adani? Trump pauses foreign bribery law

Rediff.com11 Feb 2025

Trump signed an order to pause enforcing of the 1977 Foreign Corrupt Practices Act (FCPA) that prohibits American companies and foreign firms from bribing officials of foreign governments to obtain or retain business.

Never discuss such individual issues: Modi on Adani issue

Never discuss such individual issues: Modi on Adani issue

Rediff.com14 Feb 2025

In November last year, an indictment was unsealed in the United States District Court for the Eastern District of New York, charging prominent Indian executives, including Chairman of the Adani Group, Gautam Adani, by linking them to an alleged bribery scheme.

Markets settle lower after RBI policy; Sensex sheds 109 points

Markets settle lower after RBI policy; Sensex sheds 109 points

Rediff.com7 Feb 2025

State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.

Modi lands in France for AI summit, bilateral talks with Macron

Modi lands in France for AI summit, bilateral talks with Macron

Rediff.com11 Feb 2025

Prime Minister Narendra Modi arrived in France on a three-day visit during which he will co-chair an AI Action Summit with French President Emmanuel Macron and hold bilateral talks with him. Modi will also be warmly greeted by the Indian community and address the India-France CEO's Forum. The visit will include a visit to the Mazargues War Cemetery and the inauguration of the new Indian Consulate General in Marseille.

Sensex rises 227 points on buying in blue-chip stocks

Sensex rises 227 points on buying in blue-chip stocks

Rediff.com30 Jan 2025

From the 30-share blue-chip pack, Bharti Airtel, Power Grid, Bajaj Finance, Nestle, Mahindra & Mahindra, Reliance Industries, Asian Paints, IndusInd Bank, Hindustan Unilever and HDFC Bank were the biggest gainers. Bajaj Finance climbed nearly 2 per cent after the company reported an 18 per cent increase in its consolidated net profit to Rs 4,308 crore for the December quarter.

Markets crash 1.6%; Sensex tanked 1,258 points

Markets crash 1.6%; Sensex tanked 1,258 points

Rediff.com6 Jan 2025

From the 30-share blue-chip pack, Tata Steel, NTPC, Kotak Mahindra Bank, IndusInd Bank, Power Grid, Zomato, Adani Ports, Asian Paints, Mahindra & Mahindra and Reliance Industries were among the biggest laggards. Titan and Sun Pharma were the only gainers.

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

Rediff.com5 Feb 2025

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.

Top-level Indo-Bangla talks next week, first after Hasina's ouster

Top-level Indo-Bangla talks next week, first after Hasina's ouster

Rediff.com14 Feb 2025

The border forces of India and Bangladesh will hold their bi-annual talks next week in New Delhi, with issues such as border fence construction and attacks on BSF personnel and civilians by Bangladeshi miscreants figuring among the discussion points. The 55th Director General-Level Border Coordination Conference between BSF and the Border Guard Bangladesh (BGB) will be organised at the Border Security Force (BSF) headquarters in New Delhi between February 17-20. The conference will be the first top-level meeting between the two sides after the fall of the Sheikh Hasina government in August last year. Discussions will be held on prevention of attacks on BSF personnel and Indian civilians by Bangladesh-based miscreants/nationals, how to prevent trans-border crimes, construction of a single-row fence, action against Indian Insurgent Groups in Bangladesh, issues related to border infrastructure, joint efforts for effective implementation of the Coordinated Border Management Plan, Confidence Building Measures and other issues.

Markets end in red on surging crude prices, FII outflows

Markets end in red on surging crude prices, FII outflows

Rediff.com10 Jan 2025

From the 30-share blue-chip pack, IndusInd Bank, NTPC, UltraTech Cement, Sun Pharma, Axis Bank, State Bank of India, Tata Steel, Power Grid, Adani Ports and Kotak Mahindra Bank were among the major laggards. Tata Consultancy Services jumped nearly 6 per cent after the IT services company reported an 11.95 per cent jump in the December quarter net profit to Rs 12,380 crore. Tech Mahindra, HCL Tech, Infosys and Bajaj Finserv were the other big gainers.

Sensex, Nifty tumble nearly 1% on foreign fund outflows

Sensex, Nifty tumble nearly 1% on foreign fund outflows

Rediff.com9 Jan 2025

From the 30-share Sensex blue-chip pack, Tata Steel, Zomato, Larsen & Toubro, Tata Motors, Adani Ports, Tata Consultancy Services, HDFC Bank and NTPC were the major laggards. Nestle, Hindustan Unilever, Mahindra & Mahindra, Kotak Mahindra Bank, Asian Paints and Bharti Airtel were among the gainers.

Short-Duration Funds: Should You Invest?

Short-Duration Funds: Should You Invest?

Rediff.com31 Jan 2025

'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'

'Algo Trading Is Not Risk-Free'

'Algo Trading Is Not Risk-Free'

Rediff.com23 Dec 2024

Many enter this arena without a detailed understanding of how their algo works.' 'Diligently review information on the strategy, risk profile, potential losses, and expected gains before investing.'

IPO boom: Record Rs 1.6 lakh cr raised in 2024

IPO boom: Record Rs 1.6 lakh cr raised in 2024

Rediff.com22 Dec 2024

Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures

Is Tamil Nadu Heading For A Jallikattu 2.0 Moment?

Is Tamil Nadu Heading For A Jallikattu 2.0 Moment?

Rediff.com20 Sep 2024

The recent 'revelation' by TN fishers freed by Sri Lanka after they had paid up Lankan rupees 50,000 each in fines, that their hair was tonsured in prison and they were forced to remove their garments other than the underpants, and were also made to clean toilets, as if with vengeance, has touched a raw nerve this time, just as another issue or issues had done it ahead of the Jallikattu protests, observes N Sathiya Moorthy.

Sensex, Nifty edge up in choppy trade

Sensex, Nifty edge up in choppy trade

Rediff.com11 Dec 2024

From the 30-share Sensex pack, Bajaj Finance, Nestle India, Bajaj Finserv, Asian Paints, UltraTech Cement, Infosys, Maruti, Bharti Airtel and Hindustan Unilever were among the gainers. JSW Steel, Adani Ports, NTPC, State Bank of India, Reliance Industries, Tech Mahindra, Axis Bank, Titan and HDFC Bank were the laggards.

Bribery charges are credit negative for Adani group: Moody's

Bribery charges are credit negative for Adani group: Moody's

Rediff.com21 Nov 2024

Moody's Ratings on Thursday said it will look at Adani group's governance practices when assessing the ports-to-energy conglomerate's ability to access capital in the aftermath of indictment of the group head Gautam Adani on bribery charges. "The indictment of Adani Group's chairman and other senior officials on bribery charges is credit negative for the group's companies," Moody's Ratings said in a statement.

Sensex sinks below 81K amid widespread selloff

Sensex sinks below 81K amid widespread selloff

Rediff.com17 Dec 2024

All sectoral indices ended lower. BSE Telecommunication tanked 2.18 per cent, metal (1.77 per cent), auto (1.70 per cent), energy (1.64 per cent), oil & gas (1.59 per cent), commodities (1.39 per cent) and financial services (1.37 per cent) were the major laggards.

Gold jumps Rs 630 to hit record high of Rs 82,730

Gold jumps Rs 630 to hit record high of Rs 82,730

Rediff.com22 Jan 2025

Gold prices rallied by Rs 630 to a lifetime high of Rs 82,700 per 10 grams in the national capital on Wednesday following persistent buying by jewellers and retailers amid strong global trends, according to the All India Sarafa Association. Rallying for the sixth straight session, gold of 99.5 per cent purity appreciated by Rs 630 to hit a lifetime high of Rs 82,330 per 10 grams.

GDP growth projection spooks markets; Sensex down 51 points

GDP growth projection spooks markets; Sensex down 51 points

Rediff.com8 Jan 2025

From the 30-share blue-chip pack, Adani Ports, UltraTech Cement, Larsen & Toubro, Sun Pharma, HDFC Bank, ICICI Bank, NTPC and State Bank of India were the major laggards. Tata Consultancy Services, Reliance Industries, ITC, Asian Paints, HCL Tech and Maruti were among the gainers.

Mid & Smallcap SIPs: Hold Or Exit?

Mid & Smallcap SIPs: Hold Or Exit?

Rediff.com27 Feb 2025

Younger investors with long investment horizons may continue their SIPs.

Women's Pro League: India go down to England in shoot-out

Women's Pro League: India go down to England in shoot-out

Rediff.com16 Feb 2025

Despite a tense final quarter that saw multiple penalty corners, Spain's defence stood firm to deny Germany an equaliser.

'Respect the game': Ex-Australia captain slams Siraj

'Respect the game': Ex-Australia captain slams Siraj

Rediff.com10 Dec 2024

Mohammed Siraj charges down the wicket towards his teammates, without checking the umpire's decision when he thinks that he has got a batter out, said former Australia captain Mark Taylor.

Should You Invest In Largecap Funds?

Should You Invest In Largecap Funds?

Rediff.com18 Dec 2024

'As we navigate uncertain waters, a conservative approach to largecap investing could provide a strategic advantage.'

AMU professors' fight at meeting goes viral; varsity mulls action

AMU professors' fight at meeting goes viral; varsity mulls action

Rediff.com25 Nov 2024

Two senior faculty members of Aligarh Muslim University (AMU) exchanged blows in an official meeting, leading to a possible departmental action. A video of the incident, which occurred on Sunday, has since surfaced on social media. The reason for the fight is still unknown, but AMU sources say it stemmed from a long-standing misunderstanding between the two professors.

'Trump Admires Only Himself'

'Trump Admires Only Himself'

Rediff.com11 Mar 2025

'He may respect others, but he is unlikely to admire them'

Rupee tumbles 3% in 2024; turbulence to ebb in 2025

Rupee tumbles 3% in 2024; turbulence to ebb in 2025

Rediff.com29 Dec 2024

The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

Rediff.com6 Dec 2024

The recent Bitcoin rally, which saw the cryptocurrency surge past the $100,000 mark on Thursday, is drawing Indian investors in droves. Cryptocurrency platforms in India are experiencing a significant uptick in activity and user sign-ups, driven by the optimism surrounding "crypto-friendly" Donald Trump's US presidential election victory.

Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks

Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks

Rediff.com14 Jan 2025

From the 30-share blue-chip pack, Adani Ports jumped over 5 per cent. NTPC, Tata Steel, Bajaj Finserv, Zomato, Bajaj Finance, Tata Motors, State Bank of India, IndusInd Bank and Maruti were among the other big gainers. From the 30-share pack, Hindustan Unilever, Titan, Tata Consultancy Services, Infosys and UltraTech Cement were the other laggards.

Markets join global selloff; Sensex sinks below 80k

Markets join global selloff; Sensex sinks below 80k

Rediff.com19 Dec 2024

Equity benchmark Sensex on Thursday plunged about 965 points to crash below the 80,000 level due to heavy selling in global equities after the US Federal Reserve signalled fewer rate cuts next year. Besides, deep losses in consumer durables, banking and IT stocks amid foreign fund outflows added to the gloom, analysts said.

ISL: East Bengal down Kerala Blasters to snap losing run

ISL: East Bengal down Kerala Blasters to snap losing run

Rediff.com24 Jan 2025

East Bengal FC returned to winning ways with a 2-1 victory over Kerala Blasters FC in an Indian Super League match, in Kolkata, on Friday.

Adani charges: Cong seeks probe, BJP questions timing

Adani charges: Cong seeks probe, BJP questions timing

Rediff.com21 Nov 2024

With billionaire Gautam Adani charged in the United States with alleged bribery and fraud, the Congress on Thursday said it 'vindicates' its demand for a Joint Parliamentary Committee investigation into the various 'scams' involving his conglomerate.

Spike in crude oil price, FII outflows spook markets

Spike in crude oil price, FII outflows spook markets

Rediff.com13 Jan 2025

From the 30-share blue-chip pack, Zomato cracked nearly 7 per cent. Power Grid, Adani Ports, Tata Steel, NTPC, Tata Motors, Tech Mahindra, Mahindra & Mahindra, Asian Paints, Sun Pharma and UltraTech Cement were the other major laggards. In contrast, Axis Bank, Hindustan Unilever, Tata Consultancy Services and IndusInd Bank were the gainers.

'You don't expect Bumrah to bowl from both ends'

'You don't expect Bumrah to bowl from both ends'

Rediff.com8 Dec 2024

Jasprit Bumrah is only human and cannot always shoulder the responsibility of bowling opposition out all by himself, skipper Rohit Sharma said.

Modi first foreign head to get Bhutan's highest civilian honour

Modi first foreign head to get Bhutan's highest civilian honour

Rediff.com22 Mar 2024

Prime Minister Narendra Modi on Friday received Bhutan's highest civilian award, the 'Order of the Druk Gyalpo', making him the first foreign Head of the Government to receive the honour.