News for 'How India Earns Spends'

Lower input costs may aid pharma firms' Q2 margins

Lower input costs may aid pharma firms' Q2 margins

Rediff.com21 Oct 2024

Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.

The Formidable Editor, Vimla Patil

The Formidable Editor, Vimla Patil

Rediff.com3 Oct 2024

Vimla Patil always stressed the importance of proving wrong the perception that women were women's worst enemies. And it iss a lesson I carried forward with me all through my career, learning empathy, understanding and ways to help as I went along. Sathya Saran, who succeeded Mrs Patil as Femina's editor, pays homage to the well-known journalist who passed into the ages on September 29, 2024.

How Smart TV Is Changing India

How Smart TV Is Changing India

Rediff.com23 Feb 2024

The way video is being watched and monetised is changing. This is the first thing that stands out as the penetration of smart TVs continues to rise.

India likely to get its first $1 trn mcap firm by 2032

India likely to get its first $1 trn mcap firm by 2032

Rediff.com23 Jan 2024

India's first $1 trillion company by market capitalisation (mcap) is achievable by 2032 and HDFC Bank and Reliance Industries (RIL) are seen as lead contenders, ICICI Securities said in a note on Monday. To achieve this, the shares of both the firms will have to appreciate at least 20 per cent annually for the next decade. ICICI Securities believes this is possible if India's gross domestic product (GDP) growth accelerates to 9 per cent per annum and corporate profitability cycle peaks. "Our calculations suggest that India's first $1 trillion mcap stock could emerge by 2032.

Festival season may not add zing to portfolios

Festival season may not add zing to portfolios

Rediff.com16 Sep 2024

Automobile, apparel and electronics are among sectors that see a sales boost during the festival season, a time when investors expect gains in related stocks. This year could be different: Analysts have factored in all positives and do not expect such stocks to deliver lucrative returns. "Indian households spend across sectors like automobiles, consumer durables, and consumer staples during the festival season.

'Rahul is more intellectual, better strategist than Rajiv'

'Rahul is more intellectual, better strategist than Rajiv'

Rediff.com5 Sep 2024

'I give a lot of credit to Rahul Gandhi for standing up and fighting it for a long time and surviving, nobody else would have been able to survive'

Bangladesh Tests: Will Pant Edge Out Jurel?

Bangladesh Tests: Will Pant Edge Out Jurel?

Rediff.com9 Sep 2024

Rishabh Pant last played a Test match in December 2022 before a serious car crash saw him sidelined for nearly two years.

The Spy Who Became A Farmer

The Spy Who Became A Farmer

Rediff.com7 Nov 2024

'Everything about farming is enjoyable and relaxing.'

Marico to gain from double-digit growth, rural revival

Marico to gain from double-digit growth, rural revival

Rediff.com20 Sep 2024

Concerns have been raised over Marico's exposure to Bangladesh in the wake of turmoil in that country. However, the management reiterated expectations of growing domestic business at double digits and maintaining international growth. Marico scaled up its food business by 4 times between FY20-24 and aims to double it again in the next three financial years.

'Corporate earnings in June quarter can be weak'

'Corporate earnings in June quarter can be weak'

Rediff.com27 May 2021

'There is a weak link between the economy and the stock market.'

Sensex To Hit 87,000 By 2024 End?

Sensex To Hit 87,000 By 2024 End?

Rediff.com4 Jul 2024

The bias for the BSE benchmark index, technical charts suggest, is likely to remain bullish as long as the index holds above 75,600 levels for the rest of the year.

Analysts bullish on Nykaa's outlook for beauty and personal care business

Analysts bullish on Nykaa's outlook for beauty and personal care business

Rediff.com26 Jun 2024

FSN E-Commerce Ventures (Nykaa) hosted its annual investor day recently. The responses were positive from analysts. Although some analysts pared FY25 and FY26 estimates, the bulk continued to issue 'buy' calls after the stock rose 2.5 per cent. The management expects the Beauty & Personal Care (BPC) business to grow at a 25 per cent compound annual growth rate (CAGR) during FY24-28.

Juned's Journey: From Driving Autos To Winning Irani Cup

Juned's Journey: From Driving Autos To Winning Irani Cup

Rediff.com22 Oct 2024

From working in a garment factory, selling bread, and driving an autorickshaw, the 24-year-old fast bowler's path to representing domestic giants Mumbai was anything but easy.

A millworker's son who wants to become a scientist

A millworker's son who wants to become a scientist

Rediff.com18 Aug 2010

In our series on How Young Indians earn, spend and save, we present the story of a mill worker's son who has struggled his way up and dreams of becoming a nuclear scientist one day.

7 Ways Gita Can Help Achieve Peaceful Retirement

7 Ways Gita Can Help Achieve Peaceful Retirement

Rediff.com20 Jun 2024

Vatsal Ramaiya draws wisdom from the Bhagvad Gita and correlates it to how you can build a decent corpus to achieve a peaceful retirement.

'Budget Hasn't Addressed Real Economy Issues'

'Budget Hasn't Addressed Real Economy Issues'

Rediff.com30 Jul 2024

'Generating employment requires a shift in policy.' 'If not, the country will face economic, social and political challenges in the coming years.'

'In an election year, markets flourish'

'In an election year, markets flourish'

Rediff.com23 Feb 2024

'Historically, the markets tend to perform well during election years as governments aim to increase spending and call attention to growth.'

'I left home as a teenager to carve out my own identity'

'I left home as a teenager to carve out my own identity'

Rediff.com1 Dec 2010

In our series on How Young Indians earn, spend and save, we present the story of a farmer's son who left his village as a teenager and led a difficult life because he wanted to stand on his own feet.

Ranji Roundup: Rinku, Rana shine; Kerala fight back

Ranji Roundup: Rinku, Rana shine; Kerala fight back

Rediff.com28 Oct 2024

A round-up of the Ranji Trophy matches played on Monday

'Largecaps offer a reasonable margin of safety'

'Largecaps offer a reasonable margin of safety'

Rediff.com29 Feb 2024

'Investors should focus on largecap funds, flexicap funds, business cycle funds, or hybrid-category funds.'

'I'm Being Used As A Potato For 25 Years'

'I'm Being Used As A Potato For 25 Years'

Rediff.com18 Oct 2024

'...be it a comedy, thriller or a love story.' 'The bhindi costs Rs 30 per kilo, but the price of potato remains unchanged.'

Time To Shut Down Coaching Classes?

Time To Shut Down Coaching Classes?

Rediff.com24 Aug 2024

The coaching-tuition-profiteering model built on the back of a broken education system is a scandal and an abomination, and must go, asserts Shekhar Gupta.

'Tax Relief For Middle Class Will Boost Markets'

'Tax Relief For Middle Class Will Boost Markets'

Rediff.com1 Jul 2024

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'

'For Tata Steel, It Will Be Better Than Last Year'

'For Tata Steel, It Will Be Better Than Last Year'

Rediff.com19 Jun 2024

'When you look at reviving private sector capex, I don't think there's a better story than steel.'

Weak Demand Leads To Drop In Headcount At IT Majors

Weak Demand Leads To Drop In Headcount At IT Majors

Rediff.com30 Apr 2024

While the current headcount reduction has more to do with slowing demand, the rise of artificial intelligence will impact jobs in the future.

GDP Surge: Economy Truly Booming?

GDP Surge: Economy Truly Booming?

Rediff.com11 Mar 2024

This period of strong growth not only offers opportunities but also calls for strategic considerations to ensure sustainable development and equitable prosperity in the years to come, suggests Sujan Hajra.

Kotak Mahindra Bank's loan, deposit growth may be impacted after RBI curbs

Kotak Mahindra Bank's loan, deposit growth may be impacted after RBI curbs

Rediff.com26 Apr 2024

Kotak Mahindra Bank's loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the bank's online and mobile banking channels and not to issue any new credit cards, according to analysts. The bank's share price fell 10.85 per cent on Thursday to close the day at Rs 1,643 on the BSE. The RBI's action came after market hours on Wednesday.

Macrotech and Oberoi Realty elevate Mumbai skyline with highrise sales

Macrotech and Oberoi Realty elevate Mumbai skyline with highrise sales

Rediff.com24 Jun 2024

Mumbai-based developers Macrotech Developers (Lodha) and Oberoi Realty have emerged as top gainers among largecap realty stocks over the past month, with gains ranging from 29 per cent to 33 per cent. Strong ongoing sales trends in Mumbai's core market, record bookings in the January-March quarter, and healthy guidance for 2024-25 (FY25) have propelled these companies, which derive the majority of their revenues from India's financial capital.

NRIs, Are You Aware Of Indian Tax Rules?

NRIs, Are You Aware Of Indian Tax Rules?

Rediff.com12 Mar 2024

Understanding tax residency rules and maintaining proper documentation is imperative to ensure smooth tax compliance.

Market litmus may turn red for chemicals sector

Market litmus may turn red for chemicals sector

Rediff.com22 Jan 2024

The chemicals sector's recovery could be delayed until FY25 if the current trends of weak demand and flat pricing continue. Following a subdued September quarter, the revenue and profit performance of listed chemicals companies are anticipated to fall short of initial expectations of an improvement. Despite some price stability, the demand trajectory remains uncertain.

Mom, coach, strategist: Purnima Mahato prepares archers for Paris Olympics

Mom, coach, strategist: Purnima Mahato prepares archers for Paris Olympics

Rediff.com23 Jul 2024

Medal layenge, medal layenge yeh baat tum dimaag se nikal do (a medal will never come if you chase after a medal, just focus on the processes)

Indians spend more on food

Indians spend more on food

Rediff.com20 Sep 2010

Indians spend a higher percentage of their earnings on food consumption, compared with other countries globally, Ramachandra N Galla, chairman of Amara Raja Group, said.

Analysts unanimous: Corporate earnings, Sensex set to zoom

Analysts unanimous: Corporate earnings, Sensex set to zoom

Rediff.com23 Sep 2019

Market players say following the tax cuts, the market mood had changed from bearish to positive, which should help sustain the rally.

Growth expectations and better margins drive gains in hotel stocks

Growth expectations and better margins drive gains in hotel stocks

Rediff.com9 Apr 2024

The hospitality industry has seen plenty of interest since the catastrophic impact of the pandemic, which led to losses in FY21. The hotel industry market cap has more than tripled since 2019 on the combination of a strong earnings rebound and positive surprises, as well as three recent listings. The industry has good tailwinds. The anticipation is, demand for rooms will outrun supply for a few years despite capacity expansions.

Revenue sharing model completely broken: Cricket WI CEO

Revenue sharing model completely broken: Cricket WI CEO

Rediff.com16 Jan 2024

'Hopefully, the South Africa series has woken up the Australian media to the realities of what it's like to operate Test cricket, and unless the boards change the economic model, I don't think Test cricket will thrive outside of the Big Three.'

Govt spending Rs 14,500 crore on airports before 'privatising' them

Govt spending Rs 14,500 crore on airports before 'privatising' them

Rediff.com1 Oct 2021

With six airports handed over to the Adani group for 50 years, the government is now all set to hand over another 25 airports to private players in a bid to 'monetise' them. Official figures reveal that since 2017-18, the government has spent and will be spending Rs 14,500 crore on significantly revamping infrastructure at most of these airports before handing them over to private players. The Airports Authority of India (AAI), which operates these airports for the government, has spent billions of rupees in building new terminal buildings, runways, reinforcing taxiways, upgrading aircraft landing systems, radars and a host of other heavy duty and capital intensive infrastructure works.

Ease fiscal deficit, look at higher spend for future: Assocham president to FM

Ease fiscal deficit, look at higher spend for future: Assocham president to FM

Rediff.com18 Jan 2021

As spending on infrastructure has three times the desired impact, the government's Rs 111 trillion National Infrastructure Pipeline should be accelerated: Assocham president, Vineet Aggarwal

Man of comebacks bows out on IPL stage

Man of comebacks bows out on IPL stage

Rediff.com23 May 2024

DK finished as an IPL winner with close to 5000 runs over 17 seasons besides taking 145 catches and effecting 37 stumpings.

Looking For Long-Term Investment?

Looking For Long-Term Investment?

Rediff.com19 Apr 2024

This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.

'People Call Me Dabang'

'People Call Me Dabang'

Rediff.com11 Jun 2024

'This is the victory of the people of Gujarat who want real development, not the hype of development.'