News for 'Hike'

IPOs Struggle To Attract Retail, HNIs

IPOs Struggle To Attract Retail, HNIs

Rediff.com21 Jul 2025

Market watchers link the pullback to underwhelming listing-day performance and the lack of big-name IPOs.

Infy Defies Layoff Trend: 20K Jobs In '25

Infy Defies Layoff Trend: 20K Jobs In '25

Rediff.com30 Jul 2025

Infosys commits to hiring 20,000 graduates amid industry-wide layoffs and uncertainty.

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

FMCG firms worry over high inflation; price hike likely

FMCG firms worry over high inflation; price hike likely

Rediff.com3 Nov 2024

Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the pace of urban consumption. Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike. HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption, which according to industry experts forms 65-68 per cent of FMCG total sales.

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Rediff.com31 Jul 2025

India's pharmaceuticals and medical devices industries are still hopeful that trade negotiations with the US could cut a fairer deal for both sides, after President Donald Trump announced a 25 per cent tariff rate on India on a social networking platform without divulging the finer details.

Zomato hikes platform fee in select cities

Zomato hikes platform fee in select cities

Rediff.com15 Jul 2024

Food-delivery firm Zomato has hiked the platform fee to Rs 6 from Rs 5 per order in Delhi, Mumbai and Bengaluru. Its rival Swiggy, which had also increased the platform fee in select cities on Sunday, reverted to charging Rs 5 per order on Monday in Delhi, Mumbai and Bengaluru, as shown on its app.

'FIIs Looking For Consistency In Regulatory Actions'

'FIIs Looking For Consistency In Regulatory Actions'

Rediff.com30 Jul 2025

'As long as Sebi maintains transparency and market stability, the Jane Street episode is unlikely to deter long-term foreign capital.'

A Deal Is Possible Only On Trump's Terms

A Deal Is Possible Only On Trump's Terms

Rediff.com31 Jul 2025

For India, the challenge is to strike a balance between tactical necessity and economic priorities, point out Pravin Krishna and Monil Sharma.

MSP for wheat hiked by Rs 150/quintal ahead of state polls

MSP for wheat hiked by Rs 150/quintal ahead of state polls

Rediff.com16 Oct 2024

The government on Wednesday increased the Minimum Support Price (MSP) for wheat by Rs 150 to Rs 2,425 per quintal for the 2025-26 marketing season, a move that comes ahead of key state elections. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved price hikes for six rabi crops, with increases ranging from Rs 130 to Rs 300 per quintal for the 2025-26 marketing season beginning April 2025. "Like for kharif crops, there is a significant increase in the MSP for rabi crops," Information and Broadcasting Minister Ashwini Vaishnaw said in a media briefing after the Cabinet meeting.

Govt hikes Voda stake to 49%, promoters to retain control

Govt hikes Voda stake to 49%, promoters to retain control

Rediff.com31 Mar 2025

The government's stake in Vodafone Idea will more than double to 48.99 per cent as it is set to acquire shares worth Rs 36,950 crore in lieu of outstanding spectrum auction dues, the company said in a regulatory filing on Sunday.

Cooking gas to be costlier by Rs 50 from Tuesday

Cooking gas to be costlier by Rs 50 from Tuesday

Rediff.com7 Apr 2025

Cooking gas or Liquified Petroleum Gas (LPG) price has been raised by Rs 50 per cylinder by distribution companies, Union Oil Minister Hardeep Singh Puri said on Monday.

Beware High-Fee, Low-Return Funds

Beware High-Fee, Low-Return Funds

Rediff.com30 May 2025

A higher TER means a larger portion of the return goes to the AMC, leaving less for the investor, unless compensated by higher returns.

Parl panel meet: DGCA to curb airfare surge; MPs flag aviation safety

Parl panel meet: DGCA to curb airfare surge; MPs flag aviation safety

Rediff.com8 Jul 2025

Aviation regulator DGCA plans to implement measures to control excessive air ticket price increases, following concerns raised during a parliamentary panel meeting. The meeting also addressed air safety issues in light of the Ahmedabad plane crash.

Tolls across highways hiked by 5%

Tolls across highways hiked by 5%

Rediff.com2 Jun 2024

Motorists using expressways will have to shell out more from Monday as the National Highways Authority of India (NHAI) has decided to hike tolls across the country by an average of 5 per cent. The annual revision of highway user fee, which is expected to be in the range of average 5 per cent, was earlier to come into effect on April 1. But the hike was deferred due to the Lok Sabha elections.

'If You Make One Mistake, You Can Lose Your Life'

'If You Make One Mistake, You Can Lose Your Life'

Rediff.com24 Jul 2025

'Mountaineering is never 'easy'. Nothing is in your hands, you have to be prepared. That's the same for life as well.'

'Mercedes not chasing numbers in luxury car space'

'Mercedes not chasing numbers in luxury car space'

Rediff.com22 Jul 2025

'In the luxury car segment, the adoption of EVs is almost double compared to the mass market.'

What is the prize purse for Wimbledon 2025 champions?

What is the prize purse for Wimbledon 2025 champions?

Rediff.com19 Jun 2025

Here is what you need to know about the prize pot on offer at Wimbledon 2025, the third major of the year:

China hikes defence budget, 3 times higher than India

China hikes defence budget, 3 times higher than India

Rediff.com5 Mar 2025

China has announced a 7.2 percent increase in its national defence budget, bringing the total to USD 249 billion for the year. This rise comes amidst China's ongoing efforts to modernize its armed forces, including the development of new warships and fighter jets. The budget increase, exceeding last year's 7.2 percent rise, reflects China's commitment to bolstering its military capabilities. Chinese Premier Li Qiang emphasized the importance of the Communist Party's leadership in guiding the military, with President Xi Jinping at the helm of the Central Military Commission. China's defence spending is now three times that of India's and is viewed by critics as a sign of the country's growing military ambitions.

Consistently healthy performance behind Marico's high stock valuation

Consistently healthy performance behind Marico's high stock valuation

Rediff.com13 May 2025

Marico reported consolidated revenue growth of 20 per cent year-on-year (Y-o-Y) during the January-March quarter (Q4) of FY25. Domestic revenue surged 23 per cent Y-o-Y, while volume growth was 7 per cent. International growth stood at 11 per cent (16 per cent in constant currency growth).

Rice Output May Hit Record High Of 149m Tonnes

Rice Output May Hit Record High Of 149m Tonnes

Rediff.com23 Jun 2025

This would be due to early monsoon onset, abundant precipitation in the soil and the government's higher minimum support price (MSP) for farmers, the USDA said in its assessment.

CM Fadnavis promises to hike Ladki Bahin stipend to Rs 2,100

CM Fadnavis promises to hike Ladki Bahin stipend to Rs 2,100

Rediff.com5 Dec 2024

Maharashtra Chief Minister Devendra Fadnavis on Thursday assured his government will continue the Ladki Bahin Yojana and fulfil Mahayuti's pre-poll promise of hiking the monthly stipend under the scheme to Rs 2,100 from Rs 1,500 now to eligible women.

Sensex, Nifty tumble 1% on weak global trends

Sensex, Nifty tumble 1% on weak global trends

Rediff.com12 Jun 2025

From the Sensex firms, Tata Motors, Titan, Eternal, Power Grid, Tata Steel, Larsen & Toubro, Mahindra & Mahindra and Hindustan Unilever were among the biggest laggards. Bajaj Finserv, Asian Paints and Tech Mahindra were the gainers.

Why I Will Be Going Back To Vietnam

Why I Will Be Going Back To Vietnam

Rediff.com4 Aug 2025

Vietnam was wonderful and the people warm and hospitable, Radhika Mittal discovered over a 11-day stay.

Indian Tourists Head To Southeast Asia

Indian Tourists Head To Southeast Asia

Rediff.com2 Jul 2025

'Countries like Cambodia, Vietnam, Laos, and the Philippines have a 50 per cent increase in bookings.'

Amazon's entry into healthcare a headwind but diagnostic stocks attractive

Amazon's entry into healthcare a headwind but diagnostic stocks attractive

Rediff.com2 Jul 2025

The news that Amazon India has launched diagnostic services in select metro cities in partnership with the unlisted Orange Health Labs has led to a look at the competitive intensity in healthcare services. Listed companies in the space such as Dr Lal Path Labs, Metropolis Health, Thyrocare, Vijaya, and Krsnaa have all seen double-digit stock price corrections over the last 6-9 months.

Guru Dutt To Waheeda: 'You Don't Look Like A Woman...'

Guru Dutt To Waheeda: 'You Don't Look Like A Woman...'

Rediff.com9 Jul 2025

'You have become a big star. How can you play a secondary role to Meena Kumari?'

Data stickiness likely to see users absorb mobile tariff hike: Analysts

Data stickiness likely to see users absorb mobile tariff hike: Analysts

Rediff.com9 Jul 2024

Consumers are unlikely to disconnect their mobile connections and will most likely absorb the up to 22 per cent tariff hike imposed last week by Jio, Airtel, and Vodafone Idea (Vi), according to analysts. The last major tariff hike in 2021 was followed by a 4-5 per cent SIM consolidation, with people leaving mobile operators with more expensive plans for their peers offering comparatively affordable options.

How To Cope With Rising Rents

How To Cope With Rising Rents

Rediff.com12 May 2025

'Always ensure that lease terms are clearly written in the agreement, including rent escalation clauses and notice periods.'

Stock markets edge down on STT, LTCG hike

Stock markets edge down on STT, LTCG hike

Rediff.com23 Jul 2024

Adani Ports, NTPC, Infosys, Hindustan Unilever, HCL Technologies and Sun Pharma were among the other big gainers. However, Larsen & Toubro, Bajaj Finance, State Bank of India, Axis Bank and HDFC Bank were amonh the major laggards.

EB-5 Visa Becoming Preferred Choice For US Migration

EB-5 Visa Becoming Preferred Choice For US Migration

Rediff.com24 Jun 2025

With more than 1.2 million Indians stuck in green card backlogs, investor-driven EB-5 programme sees rising interest as a secure route for migration to the US.

AI 171 Crash: Insurance Cost: $475 Million

AI 171 Crash: Insurance Cost: $475 Million

Rediff.com1 Jul 2025

'$125 million for the hull and the remaining of over $350 million for liability.'

Bharti Airtel Q4 profit jumps five-fold to Rs 11,022 cr

Bharti Airtel Q4 profit jumps five-fold to Rs 11,022 cr

Rediff.com13 May 2025

Telecom operator Bharti Airtel posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits. Bharti Airtel had posted net profit (attributable to owners of the parent company) of Rs 2,071.6 crore a year ago.

No pension hike for retired Army captains under OROP, Centre tells SC

No pension hike for retired Army captains under OROP, Centre tells SC

Rediff.com6 Dec 2024

The Indian government has refused to accept recommendations for a 10% pension increase for retired regular Army captains under the One Rank One Pension (OROP) scheme. The Supreme Court heard an appeal by the government challenging an Armed Forces Tribunal order that mandated a decision on pension for retired captains. The government's decision not to accept the recommendations has led to a delay in resolving pension anomalies for these officers. The case will be heard again on December 12, 2023.

China retaliates with 84% levies on US exports

China retaliates with 84% levies on US exports

Rediff.com9 Apr 2025

China on Wednesday hit back at United States President Donald Trump's tariffs on Chinese exports with 84 per cent levies on its imports from America, intensifying the trade war between the top two economies of the world.

Everest climbing fees hiked to tackle trash crisis

Everest climbing fees hiked to tackle trash crisis

Rediff.com23 Jan 2025

Nepal has sharply increased permit fees for climbing Mount Everest by 36 per cent and also introduced a slew of measures aimed at controlling garbage pollution on the world's tallest peak, officials said.

Markets fall on selling in banking shares, STT hike

Markets fall on selling in banking shares, STT hike

Rediff.com24 Jul 2024

Benchmark BSE Sensex declined for the fourth day in a row on Wednesday due to selling in financial and banking shares and the government's move to hike securities transaction tax and short term capital gains tax. The 30-share BSE Sensex declined 280.16 points or 0.35 per cent to settle at 80,148.88 with 19 of its components closing lower and 11 with gains. During the day, it tumbled 678.53 points or 0.84 per cent to 79,750.51.

Capital gains exemption limit to be hiked: Sitharaman

Capital gains exemption limit to be hiked: Sitharaman

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday said the government plans to raise capital gains exemption limit on certain financial assets to Rs 1.25 lakh per year for middle and upper middle class.

TCS CEO Krithivasan's compensation rises 4.6% to Rs 26.52 cr in FY25

TCS CEO Krithivasan's compensation rises 4.6% to Rs 26.52 cr in FY25

Rediff.com28 May 2025

K Krithivasan, the chief executive and managing director of India's largest IT services company TCS, took home a remuneration of Rs 26.52 crore in FY25.

Patna HC strikes down Bihar's quota hike to 65%

Patna HC strikes down Bihar's quota hike to 65%

Rediff.com20 Jun 2024

A Division Bench headed by Chief Justice K Vinod Chandran passed the order on a bunch of petitions which had opposed the legislations brought by the Nitish Kumar government in November 2023.

How Much Was Sunny Paid For Jaat?

How Much Was Sunny Paid For Jaat?

Rediff.com10 Apr 2025

... hold your breath... Rs 50 crore...