News for 'How India Earns Spends'

The Swades State Of Mind

The Swades State Of Mind

Rediff.com19 Dec 2024

As Swades turns 20, Aseem Chhabra looks back at the film that spoke to him.

UP Eyes Rs 25,000 Cr Revenue From Maha Kumbh

UP Eyes Rs 25,000 Cr Revenue From Maha Kumbh

Rediff.com13 Jan 2025

... resulting in a Rs 2 trillion economic spinoff.

'We Have Begged For Justice'

'We Have Begged For Justice'

Rediff.com12 Mar 2025

'Justice may or may not happen, but who are those people who did this to her?' 'If the hospital authorities had helped us that day, or the police, then the real culprits would have been caught.' 'Getting justice for my daughter is my goal now and I want the CM to remember that.'

'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.'

'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.

'Band-aid for bullet wounds': Oppn slams Budget, says poll-centric

'Band-aid for bullet wounds': Oppn slams Budget, says poll-centric

Rediff.com1 Feb 2025

India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.

Strong outlook to support Cummins India stock

Strong outlook to support Cummins India stock

Rediff.com3 Apr 2024

Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the past three months. The management has reaffirmed that growth would be in double digits over the coming two fiscal years. Growth is expected to be driven by a pickup in domestic infrastructure spending.

What The Retail Investor Must Know

What The Retail Investor Must Know

Rediff.com21 Oct 2024

Many are attracted by the potential for large gains, but don't necessarily seem to understand that a single trade gone wrong can wipe out their accumulated profits.

Trump 2.0: Will Bulls Run Amok?

Trump 2.0: Will Bulls Run Amok?

Rediff.com8 Nov 2024

'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'

Chess World Championship: It's advantage Gukesh for now but...

Chess World Championship: It's advantage Gukesh for now but...

Rediff.com28 Nov 2024

With a maximum of 11 games remaining under classical time control, the scores are tied at 1.5-1.5. This was after Liren won the opener and the second game ended in a draw.

World Savings Day: Your Career Is Your BIGGEST Saving!

World Savings Day: Your Career Is Your BIGGEST Saving!

Rediff.com30 Oct 2024

The best way to achieve financial security isn't by cutting out every vada pav or limiting yourself to home-cooked meals; it's by making yourself indispensable at work, says Vatsal Ramaiya.

Kamala Harris: 'Female Obama' who didn't make it to White House

Kamala Harris: 'Female Obama' who didn't make it to White House

Rediff.com6 Nov 2024

Kamala's role as vice president was more than just symbolic. Unlike her predecessors, she wielded considerable power during Biden's presidency.

Maruti India's gearshift to growth: Turbocharging the product portfolio

Maruti India's gearshift to growth: Turbocharging the product portfolio

Rediff.com1 Apr 2024

The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.

Union Budget 2024 remains largely neutral for stock markets in India

Union Budget 2024 remains largely neutral for stock markets in India

Rediff.com25 Jul 2024

Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer

Reliance not pursuing short-term profit, says Mukesh Ambani

Reliance not pursuing short-term profit, says Mukesh Ambani

Rediff.com29 Aug 2024

Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company's annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. "We are not in the business of pursuing short-term profit and hoarding wealth. "We are in the business of creating wealth for India," he said.

Consumer goods firms likely to see an upswing after year of lull

Consumer goods firms likely to see an upswing after year of lull

Rediff.com24 Jul 2024

The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year. The Budget announcements, such as the increase in standard deduction by Rs 25,000 for income-tax payers and slab revisions, will put more money in their hands, boosting consumer demand. Private consumption is also likely to benefit from a new scheme to offer internships to 10 million youths in the country's top 500 companies.

Why Trump wants his supporters to donate to Democrats

Why Trump wants his supporters to donate to Democrats

Rediff.com10 Nov 2024

President-elect Donald Trump urged his supporters to donate to Democrats to help them overcome the 'financial strain' in the aftermath of the general elections.

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.

After extended winter, signs of thaw in Indian edtech sector

After extended winter, signs of thaw in Indian edtech sector

Rediff.com10 Dec 2024

After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far - 153 per cent more than the $240.9 million across 106 deals during the same period last year - according to data from market intelligence platform Tracxn.

Budget focuses on jobs and skilling, keeping 2 allies happy

Budget focuses on jobs and skilling, keeping 2 allies happy

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.

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.

My 10 Least Liked Movies Of 2024

My 10 Least Liked Movies Of 2024

Rediff.com19 Dec 2024

Every year has its share of duds and turkeys. 2024 was no different except that even the rotten ones are too drab to have any real offence value.

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.

Street positive on cement stocks despite pricing pressures, demand woes

Street positive on cement stocks despite pricing pressures, demand woes

Rediff.com10 Sep 2024

Cement manufacturers have hiked prices after a challenging Q1FY25, and Q2FY25 (so far) when general elections and seasonal factors cut down on construction activity. The August prices are currently around 3-6 per cent above July 2024 but may not be sustainable in the face of weak demand. H2FY25 may see realisation growth which, if it happens, would drive average operating profit/tonne improvements in H2FY25 over a muted H1FY25.

Samvardhana Motherson's stock: A bumpy ride in the short term?

Samvardhana Motherson's stock: A bumpy ride in the short term?

Rediff.com26 Sep 2024

Shares of auto component major, Samvardhana Motherson International, has gained 11.5 per cent on the bourses after the company approved the qualified institutions placement (QIP) issue and announced the calculation methodology for its compulsorily convertible debentures, or CCDs, into equity shares. Analysts cite strong investor response to the issue that has kept the sentiment positive for the stock. Brokerages, however, have a mixed view on the outlook for the auto parts supplier.

'Maharashtra's Economy Is Going Sri Lanka's Way'

'Maharashtra's Economy Is Going Sri Lanka's Way'

Rediff.com5 Dec 2024

'Maharashtra is virtually in a debt trap.'

'Easwaran Is Ready For Test Cricket'

'Easwaran Is Ready For Test Cricket'

Rediff.com20 Nov 2024

'You can only break through the doors or force the selectors to pick you for the Indian team by scoring runs consistently in domestic cricket and that is what he has done in the last so many years.'

IT aims for the sky after Accenture's Q4 results

IT aims for the sky after Accenture's Q4 results

Rediff.com5 Oct 2024

Global firm Accenture's fourth quarter results prove that the worst is behind for the Indian information technology (IT) sector, said analysts on Friday (September 27). While the pace and the broadness of recovery is debatable, they said Accenture's results and revenue growth guidance for the next financial year (FY25) reduce downside risks for Indian IT companies.

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.

'I Feel Like I Have Lost My Father Again'

'I Feel Like I Have Lost My Father Again'

Rediff.com27 Dec 2024

'After Om's untimely demise, he would call us every Sunday for the next two years to ask, "How are you doing my dear? How's the young fella?"'

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

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.

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.

When A PM Miraculously Escaped Air Crash

When A PM Miraculously Escaped Air Crash

Rediff.com17 Feb 2025

Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.

This Mum Helps Women Return To Work

This Mum Helps Women Return To Work

Rediff.com3 Jan 2025

In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.

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.

'Unmarried Couple Harassed by Neighbour. Pls Help'

'Unmarried Couple Harassed by Neighbour. Pls Help'

Rediff.com17 Jan 2025

rediffGURU Dr Ashish Sehgal counsels individuals on how to resolve conflicts and prioritise mental wellbeing.

'Stay Authentic, It's The One Thing That Can Make You Win'

'Stay Authentic, It's The One Thing That Can Make You Win'

Rediff.com26 Nov 2024

'The determination to represent our country is strong when you've seen your dad serve the country.'

'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'

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.