News for 'Indian Digital Rupee'

Explained: Why cryptos are gaining currency globally

Explained: Why cryptos are gaining currency globally

Rediff.com7 Jan 2021

Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game.

The great Indian debate: Do mobile towers really cause cancer?

The great Indian debate: Do mobile towers really cause cancer?

Rediff.com20 Mar 2017

Mobile tower radiation reaching us is more than a thousand times weaker than that from the handsets we use and the Indian standards are 10 times more stringent than the global norms recommended by the World Health Organisation, points out T V Ramachandran.

Sovereign gold bond to open for subscription on May 17

Sovereign gold bond to open for subscription on May 17

Rediff.com13 May 2021

The first tranche of Sovereign Gold Bonds 2021-22 will be open for subscription for five days from Monday, the finance ministry said in a statement. The bonds will be issued in six tranches from May 2021 to September 2021, it said on Wednesday. The subscription period for 2021-22 Series I will be May 17-21, and bonds will be issued on May 25.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

MUST SEE! Exploring Lucknow

MUST SEE! Exploring Lucknow

Rediff.com4 Jan 2022

Noah Dominic, Maya Dominic, Durga Dominic and Dominic Xavier recall via sketches a spectacular vacation in Lucknow.

Time to give up lakhs and crores, folks!

Time to give up lakhs and crores, folks!

Rediff.com19 Dec 2017

A modern economy with strong global linkages must switch to million, billion and so on, says T N Ninan.

Indian IT firms to report muted Q3

Indian IT firms to report muted Q3

Rediff.com9 Jan 2017

Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.

Students going abroad: PM nudges pvt firms to expand medical education

Students going abroad: PM nudges pvt firms to expand medical education

Rediff.com26 Feb 2022

His remarks assume significance at a time when a large number of Indian students, many of them studying medicine, have been stuck in Ukraine following the Russian attack on that country.

The 5 major drivers for Indian equities in 2021

The 5 major drivers for Indian equities in 2021

Rediff.com4 Jan 2021

The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?

'They wanted to strike terror in India'

'They wanted to strike terror in India'

Rediff.com11 Mar 2023

'The entire idea behind the serial bomb blasts was to strike fear in the minds of Indians.' 'I don't think the blasts were targeted to derail the Indian economy; the idea behind the blasts was retribution.'

The Risks Of Declaring Victory Too Soon

The Risks Of Declaring Victory Too Soon

Rediff.com25 Oct 2022

India has much to be proud of and celebrate. But there is also much that is wrong, much that looks dangerous. Employment, current account deficit, rural distress, agricultural productivity are all in deep crisis, points out Shekhar Gupta.

Will Govt BAN Cryptos?

Will Govt BAN Cryptos?

Rediff.com14 Jul 2021

As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.

Indian wins the World Environment Day logo contest

Indian wins the World Environment Day logo contest

Rediff.com4 May 2015

The World Environment Day 2015 logo has an Indian touch.

Gold, Best Hedge For Inflation

Gold, Best Hedge For Inflation

Rediff.com11 May 2022

Young investors could allocate in the proportion of 70:20:10 to equity, debt and gold.

ED issues FEMA notice to India's largest crypto exchange

ED issues FEMA notice to India's largest crypto exchange

Rediff.com11 Jun 2021

The Enforcement Directorate on Friday said it has issued a show cause notice to the country's largest cryptocurrency exchange for undertaking transactions worth over Rs 2,790 crore in alleged violation of the Foreign Exchange Management Act (FEMA). WazirX, registered under the company named Zanmai Labs Pvt Ltd, was incorporated in December, 2017 as a domestic cryptocurrency start-up and its directors Nischal Shetty and Hanuman Mhatre, along with the company, have been named in the notice issued by the central probe agency after completion of investigation. The agency issued a statement saying that it stumbled upon the transactions of the company during an ongoing money laundering probe into the "Chinese-owned" illegal online betting applications.

More items will be banned from imports: Rajnath

More items will be banned from imports: Rajnath

Rediff.com10 Aug 2020

The ban on import of 101 items is a big step towards an Atma Nirbhar Bharat (self-reliant India). This list of negative items contains not only small items but weapon systems of high and critical technology. More such items will be added to this list shortly which will save crores of rupees in imports, the defence minister said.

6 reasons why Infosys' shares jumped 11% on July 21

6 reasons why Infosys' shares jumped 11% on July 21

Rediff.com22 Jul 2015

Along with a robust set of numbers, the management too sounded confident of its growth prospects

How India Can SHOCK-PROOF Economy

How India Can SHOCK-PROOF Economy

Rediff.com25 Mar 2022

Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, suggests T N Ninan.

Hyper-growth is over. What next for Indian IT firms?

Hyper-growth is over. What next for Indian IT firms?

Rediff.com12 Dec 2016

Elliott Capital's letter to Cognizant, detailing how the latter can reinvent itself, has many lessons for its India-listed peers like TCS and Infosys, says Akash Prakash.

Economic Recovery can't be taken for granted

Economic Recovery can't be taken for granted

Rediff.com14 Jul 2021

The fall in urban sentiments in June is worrisome, observes Mahesh Vyas.

Can India Deal with Halahal In Amrit Kaal?

Can India Deal with Halahal In Amrit Kaal?

Rediff.com15 Aug 2022

We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.

Discount on credit card usage at petrol pumps withdrawn

Discount on credit card usage at petrol pumps withdrawn

Rediff.com25 Sep 2019

Credit card payments to buy fuel at petrol pumps will from October 1 not get a 0.75 per cent discount that State-owned oil companies had introduced more than two-and-a-half years back to promote digital payments.

The Power of Assured Indian Innovation

The Power of Assured Indian Innovation

Rediff.com25 May 2018

Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.

TCS powers Tatas into Rs 10 trillion m-cap club

TCS powers Tatas into Rs 10 trillion m-cap club

Rediff.com21 Apr 2018

IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation.

Misgovernance, polarisation marked 8 yrs of Modi govt, says Cong; BJP hits back

Misgovernance, polarisation marked 8 yrs of Modi govt, says Cong; BJP hits back

Rediff.com26 May 2022

The BJP calling the Congress a "torn old party" moving towards a stage where its relevance and necessity will be completely lost.

TCS Q3 net grows 24.1% to Rs 8,105 crore

TCS Q3 net grows 24.1% to Rs 8,105 crore

Rediff.com10 Jan 2019

The strong client metrics, industry leading growth in digital services, a very strong order book and deal pipeline are validations that customers recognise TCS' differentiated capabilities, chief executive officer and managing director Rajesh Gopinathan said.

Airlines witness headwinds amid limited price hike

Airlines witness headwinds amid limited price hike

Rediff.com4 Jan 2020

Brent crude oil price surged 4 per cent on Friday, following tension between Iran and the US. Airlines, however, have been unable to pass on the price increase to customers due to the soft demand.

Revenues of IT companies may take a big hit in FY21

Revenues of IT companies may take a big hit in FY21

Rediff.com2 Apr 2020

Though a weak dollar will lend some support to revenues and margins in FY21, the demand environment will outweigh any gain.

Indradhanush: Rainbow of hope for Indian banks?

Indradhanush: Rainbow of hope for Indian banks?

Rediff.com6 Jun 2016

Indradhanush-II is likely to chart out the process for resolution of non-performing assets.

Is the Indian economy finally turning around? Yes!

Is the Indian economy finally turning around? Yes!

Rediff.com8 Apr 2016

If the economy gains momentum, that is a big positive for markets, given the strong macro of low inflation, falling rates, and a stable rupee, says Akash Prakash.

It's raining IPOs! 40-odd issues to mop up Rs 80K cr

It's raining IPOs! 40-odd issues to mop up Rs 80K cr

Rediff.com7 Jul 2021

The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.

4 reasons IT stocks are doing badly

4 reasons IT stocks are doing badly

Rediff.com17 Dec 2016

The Nifty is up 6.5% in the last 12 months. The NSE IT Index is down 10% in the same period. But will the sentiment improve going ahead?

RBI's rate cut: Risks and benefits to the Indian economy

RBI's rate cut: Risks and benefits to the Indian economy

Rediff.com26 Nov 2014

Global disinflation has finally caught up with India's high-cost economy.

Third Wave: Be Financially Prepared!

Third Wave: Be Financially Prepared!

Rediff.com28 Jul 2021

Postpone the purchase of big-ticket consumer durable items, recreational spending on holidays, and other such expenses unless your financial position is very secure, advises Sarbajeet K Sen.

The Mystery of Narayana Murthy's Retail Biz

The Mystery of Narayana Murthy's Retail Biz

Rediff.com2 Sep 2021

In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.

Your air tickets could become MORE expensive!

Your air tickets could become MORE expensive!

Rediff.com20 Dec 2018

Airfares in Indian market are unsustainable, says a senior Boeing official.

Future imperfect for Indian startups

Future imperfect for Indian startups

Rediff.com8 Sep 2015

India'sstartups have a good beginning but will they survive competition is a big questions which needs immediate attention.

Is TCS moving too fast, too soon?

Is TCS moving too fast, too soon?

Rediff.com31 Jan 2018

Street may be ignoring TCS headwinds as the stock's peak valuation doesn't seem justified by BFSI weakness, likely higher US tax rates and stronger rupee, reports Ram Prasad Sahu.

Sensex gains 593 points; crosses 55,000 for the first time

Sensex gains 593 points; crosses 55,000 for the first time

Rediff.com13 Aug 2021

TCS was the top gainer in the Sensex pack, rising over 3 per cent, followed by L&T, Bharti AIrtel, HCL Tech, Tata Steel, Bajaj Auto and Reliance Industries. NSE Nifty rallied 164.70 points to its fresh closing peak of 16,529.10.

Govt to issue sovereign gold bonds with tenure of 8 years

Govt to issue sovereign gold bonds with tenure of 8 years

Rediff.com14 Apr 2020

The government will issue Sovereign Gold Bonds (SGBs) in six tranches beginning April 20, the Reserve Bank of India said on Monday. The bonds will be denominated in multiples of gram(s) of gold with a basic unit of 1 gram and the tenure of the SGB will be eight years with exit option after fifth year to be exercised on the interest payment dates.