'We crossed Rs 1.7 trillion in three months this financial year.'
'As long as Amul was coming in with products it was not a problem because it was something value added and with a shelf life.' 'When it gets into the local market by procuring locally, it cuts into the market-share of local cooperatives.'
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
Only if we could have a Rohit versus Ashwin clash in the semis! What a perfect fill-up it would be for the resurgence of the Ranji Trophy.
Iyer is a player who primarily plays with hands with not much pronounced footwork.
India batter Rinku Singh credited legendary former captain MS Dhoni for helping him stay calm in crunch situations which he showed in ample measure during his knock in the first T20I against Australia in Visakhapatnam.
India has surpassed China to become the world's most populous nation with 142.86 crore people, shows the latest United Nations data, even as UN projections estimate that the country's population is expected to grow for the next three decades after which it will begin declining.
The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.
The promoter entities of JSW Group are in talks with several electric-car manufacturers in China to launch an electric car for the Indian market at Rs 15-20 lakh, a source close to the development said.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The PM urged all citizens to light diyas in their houses on January 22 so that the whole country basks in glory.
What can you do with common leftovers -- bread, coconut chutney, dal, rice, rotis.
Mongia, Maninder, Das among notable names in contention for senior selectors' posts
'Today, the BJP is using power in such a manner that they not only crush the Opposition, but even their own supporters can't rebel.'
Hearing Gandhi's petition on Tuesday, Justice S V Kotwal of the high court noted that it raises some "important questions of law."
India's unemployment rose to a three-month high in March to 7.8 per cent as the country's labour markets deteriorated, according to data from the Centre for Monitoring Indian Economy (CMIE). Unemployment rate in the country surged in December 2022 to 8.30 per cent but declined in January to 7.14 per cent. It edged up again in February to 7.45 per cent, the CMIE data released on Saturday showed. During March, the unemployment rate in urban areas was at 8.4 per cent while in the rural areas it was at 7.5 per cent.
Showing the effect of the slowdown in global economic activity, the equity foreign direct investment (FDI) into India declined sharply to $13.9 billion in April-July 2023 from $22.04 billion a year ago. The net FDI, inflows minus outflows, declined from $17.28 billion in April-July 2022 to $5.70 billion in April-July 2023 on account of moderating gross FDI and a rise in repatriation. Gross FDI into India moderated to $22.0 billion during April-July 2023 from $29.6 billion a year ago, according to Reserve Bank of India data.
Pressure from the Soren clan is only one of the challenges Champai faces as he readies himself to helm the predominantly tribal state.
A Kerala court on Tuesday sentenced to death 15 persons associated with the now-banned Islamist outfit Popular Front of India (PFI) in connection with the murder of Bharatiya Janata Party OBC wing leader Ranjith Sreenivasan in this district in 2021, the special prosecutor of the case said in Alappuzha.
Star pacer Mohammed Shami has developed an ankle condition, which currently requires medical attention, as the Indian team management will hope that he regains fitness in time for the first Test against South Africa starting from December 26 at Centurion.
With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales on stock exchanges over outright privatisation. The result -- the divestment target for current fiscal year is again likely to be missed. Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are already on the backburner and analysts feel meaningful privatisation can happen only after April/May general elections.
'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India.' 'The results of the general elections will also be keenly watched.'
The verdict in the Google versus Epic Games antitrust case in the US has spread cheer among the Indian gaming and app developers. Ending a three-year legal battle, the San Francisco jury found that Google turned its Play app store and billing service into an illegal monopoly. American video game maker Epic Games, best known for Fortnite, had sued Google in 2020.
Notwithstanding concerns about lofty valuations, smallcaps recorded their most significant monthly gain in nearly three years in November. The National Stock Exchange Nifty Smallcap 100 finished the month with a 12 per cent gain, the most since February 2021 when it rose by 12.2 per cent. After declining by 4.1 per cent in the preceding month, the Nifty Midcap 100 rose by 10.4 per cent, the most since July 2022.
Udayanidhi has handed over to the BJP one real issue to draw the line between it and the INDIA alliance, predicts N Sathiya Moorthy.
AB de Villiers isn't one bit surprised at the possibility of his good mate Virat Kohli playing in this year's T20 World Cup.
'Midcap and smallcap indices are trading in the expensive zone.'
Enhancing your credit score is the key to improving loan eligibility and securing a favourable interest rate.
Deriving from Narendra Modi's continuing charisma, the proposed scheme, if and when implemented, can cut both ways. That is to say, if Modi can win, he can lose. Or, someone else in his place, later on, could lose as much as he could win in his time, points out N Sathiya Moorthy.
Will Rahul Dravid like to end current term on high or seek extension?
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.
Patidar or Rinku set for debut; India look to seal series
Excess hype often leads to broken hearts and hence it is always necessary to strike a balance, legendary Kapil Dev said on Tuesday in context of India's six-wicket defeat at the hands of Australia in the World Cup final earlier this month.
A study conducted by the Indian Council of Medical Research (ICMR) has observed that COVID-19 vaccination did not increase the risk of unexplained sudden death among young adults in India, the government informed Parliament on Friday.
Only 21 tonnes of gold have been mobilised in the last eight years under the gold monetisation scheme (GMS) which was announced by the Government of India in November 2015. This could be considered as a failure as the scheme has undergone several changes with a revamped GMS announced in April 2021 to improve collections. This figure was released by the World Gold Council (WGC) on Wednesday in its report titled 'Gold Investment Market and Financialisation, in India gold market series'.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
Axar Patel out of Asia Cup final due to hamstring injury, likely to miss Australia series, doubtful starter for World Cup too
You need a big upping of the ante when it comes to the fielding if you have to beat big sides in big competitions.'
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
The high court has dismissed the Gyanvapi mosque management committee's appeal.
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