News for 'Indian Economic Services'

Half of India Faces Glucose Imbalance

Half of India Faces Glucose Imbalance

Rediff.com5 Dec 2024

'Obesity, especially central obesity and increased visceral fat due to physical inactivity, along with the consumption of high-calorie, high-fat, and high-sugar diets, are major contributing factors.'

Economists see reforms in the air ahead of Budget

Economists see reforms in the air ahead of Budget

Rediff.com6 Jan 2025

Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.

Amid row, Maldives seeks info on Indian coast guard's activity

Amid row, Maldives seeks info on Indian coast guard's activity

Rediff.com3 Feb 2024

On January 31, the Indian Army intercepted a Maldivian fishing boat engaged in fishing activities within the Maldives' Special Economic Zone (EEZ), located 72 nautical miles northeast of Dhidhdhoo, Haa Alifu Atoll, the Maldives' defence ministry claimed in a statement on Friday.

'Manmohan preferred Maruti 800 over BMW'

'Manmohan preferred Maruti 800 over BMW'

Rediff.com27 Dec 2024

Singh's humility and grounded nature were highlighted in a heartfelt social media memoir by Uttar Pradesh Minister of State for Social Welfare (Independent Charge) Asim Arun.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com15 Sep 2024

The US Federal Reserve's interest rate decision is the biggest event that would drive sentiments in the domestic stock market this week, besides a host of macroeconomic data from the global front and trading activity of foreign investors, analysts said. The Indian equity market had an exceptional last week, with both the Nifty and Sensex hitting their all-time high levels on Thursday.

Blue Economy Needs Strong Navy Protection

Blue Economy Needs Strong Navy Protection

Rediff.com7 Jan 2025

Naval assets take years to build, and therefore, not only is futuristic force planning essential, but indigenous projects must also be put into the pipeline, technologies developed and contracts for assets signed regularly so that the Indian Navy always remains a future-focussed force, asserts Vice Admiral Biswajit Dasgupta (retd).

The defence Budget for this year is...

The defence Budget for this year is...

Rediff.com1 Feb 2025

Under capital expenditure, Rs 48,614 crore has been set aside for aircraft and aero engines while Rs 24,390 crore has been allocated for the naval fleet.

India will do...: Trump discusses migrant row with Modi

India will do...: Trump discusses migrant row with Modi

Rediff.com28 Jan 2025

President Trump made these remarks on Monday while talking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida.

Drowning In A Sea Of Entertainment

Drowning In A Sea Of Entertainment

Rediff.com22 Jan 2025

'There is simply too much to watch, read and absorb.' 'Just online consumption (news, entertainment, social media) in India was 2.5 hours a day in November 2024.' 'Add TV (just under 4 hours), other media, and the figure is closer to 7 to 8 hours a day for over one-third of Indians,' points out Vanita Kohli Khandekar.

'Yaarana to continue': India, Maldives ink key pacts

'Yaarana to continue': India, Maldives ink key pacts

Rediff.com7 Oct 2024

India on Monday asserted that its friendly ties with the Maldives will continue as Prime Minister Narendra Modi and President Mohamed Muizzu unveiled a blueprint for comprehensive economic and maritime cooperation, signalling a reset of the relationship that had hit a rough patch last year due to anti-New Delhi rhetoric.

Factors that will guide the markets thie week

Factors that will guide the markets thie week

Rediff.com24 Nov 2024

Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts. Stock markets witnessed a spirited recovery on Friday with benchmark Sensex and Nifty notching the best single-day gains in more than five months and offering relief after weeks of correction.

'Dr Singh Was The Best PM In Modern Times'

'Dr Singh Was The Best PM In Modern Times'

Rediff.com2 Jan 2025

'All the big things happening today in economic development have their beginning in Dr Manmohan Singh's ideas.'

NRIs yet to fully warm up to GIFT City's higher FPI limits

NRIs yet to fully warm up to GIFT City's higher FPI limits

Rediff.com20 Sep 2024

The Securities and Exchange Board of India (Sebi) has permitted 100 per cent contribution from non-resident Indians (NRIs) and overseas citizens of India (OCIs) in the corpus of foreign portfolio investors (FPIs) based out of Gujarat International Finance Tec-City (GIFT City), the country's international financial services centre (IFSC). However, the Indian diaspora is yet to fully embrace this new route. The regulator allowed this route to enhance the fund ecosystem at GIFT City and attract genuine investments from overseas Indians.

FPIs inflow in equities drops to Rs 7,320 cr in August

FPIs inflow in equities drops to Rs 7,320 cr in August

Rediff.com1 Sep 2024

Foreign investors have adopted a cautious stance and infused Rs 7,320 crore in the Indian equities in August owing to high valuation of stocks and the unwinding of the Yen carry trade after Bank of Japan raised interest rates. This investment was way lower than Rs 32,365 crore in July and Rs 26,565 crore in June, according to data with the depositories. While September is likely to see continued interest from FPIs, the flows would be shaped by a combination of domestic political stability, economic indicators, global interest rate movements, market valuations, sectoral preferences, and the attractiveness of the debt market, Vipul Bhowar, Director Listed Investments, Waterfield Advisors, said.

Heavyweight stocks drag Sensex down by 638 points

Heavyweight stocks drag Sensex down by 638 points

Rediff.com7 Oct 2024

Equity benchmark indices Sensex and Nifty settled lower for the sixth straight session on Monday due to heavy selling in bellwether stocks including HDFC Bank and Reliance Industries amid mixed trends in the global markets and outflow of foreign funds. Falling for the sixth consecutive session, the BSE Sensex tumbled 638.45 points or 0.78 per cent to settle at 81,050. During the day, it plummeted 962.39 points or 1.17 per cent to 80,726.06. The NSE Nifty slumped 218.85 points or 0.87 per cent to end at 24,795.75.

Services activity hits 11-year high in June

Services activity hits 11-year high in June

Rediff.com5 Jul 2022

India's services sector activities touched the highest mark since April 2011 amid ongoing improvements in demand conditions, even as cost pressures in the service economy remained stubbornly high, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 58.9 in May to 59.2 in June -- its highest mark since April 2011. For the eleventh straight month, the services sector witnessed an expansion in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.

India, China to resume Mansarovar Yatra, direct flights

India, China to resume Mansarovar Yatra, direct flights

Rediff.com28 Jan 2025

India and China on Monday decided to resume the Kailash Mansarovar Yatra as the two sides agreed to take certain people-centric steps to 'stabilise and rebuild' ties.

Exports up 17.25% in Oct; highest in over 2 years

Exports up 17.25% in Oct; highest in over 2 years

Rediff.com14 Nov 2024

India's merchandise exports in October rose by 17.25 per cent to $39.2 billion against $33.43 billion a year ago, according to government data released on Thursday. Imports increased by 3.9 per cent to $66.34 billion in October compared to $63.86 billion in the year-ago period.

50:50 Chance Of An RBI Rate Cut

50:50 Chance Of An RBI Rate Cut

Rediff.com4 Feb 2025

'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.

Gadkari favours 51% stake to foreign cos in tunnel construction JV

Gadkari favours 51% stake to foreign cos in tunnel construction JV

Rediff.com3 Sep 2024

Road Transport and Highways Minister Nitin Gadkari on Tuesday favoured giving a majority 51 per cent stake to foreign partners in joint ventures for building tunnels and detailed project reports to improve work quality. Gadkari said providing a majority stake to a foreign partner in the joint venture is necessary to ensure that only serious and technically qualified players bid for tunnel projects.

BJP Hands 'Tamil Pride' On A Platter To DMK

BJP Hands 'Tamil Pride' On A Platter To DMK

Rediff.com6 Mar 2025

If the DMK is able to sustain the momentum until the assembly polls, the AIADMK especially and the PMK and possibly the infant TVK too would find it hard to sign up with the BJP, explains N Sathiya Moorthy.

After The Oval Office Fracas, What Next For Ukraine?

After The Oval Office Fracas, What Next For Ukraine?

Rediff.com3 Mar 2025

Trump knows by now that the western narrative of Biden's war is a load of bullshit peppered with falsehoods and outright lies, and that the war erupted only out of the diabolic western plot to poke the bear, which got provoked finally and hit out, explains Ambassador M K Bhadrakumar.

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

UK's richest 10% took half of wealth from India during colonialism

UK's richest 10% took half of wealth from India during colonialism

Rediff.com20 Jan 2025

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.

Budget Prepares For Rise In Cancer Cases

Budget Prepares For Rise In Cancer Cases

Rediff.com3 Feb 2025

Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?

Upbeat Delhi Capitals take on struggling Mumbai Indians

Upbeat Delhi Capitals take on struggling Mumbai Indians

Rediff.com26 Apr 2024

An upbeat Delhi Capitals will look to keep the winning momentum going against an inconsistent Mumbai Indians when the two sides square off in the IPL in New Delhi on Saturday.

How the markets will fare this week

How the markets will fare this week

Rediff.com13 Oct 2024

Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said.

Services sector growth hits 6-month high in Dec

Services sector growth hits 6-month high in Dec

Rediff.com4 Jan 2023

The Indian services sector growth touched a six-month high in December, supported by a robust intake of new work and favourable market conditions, a monthly survey said on Wednesday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 56.4 in November to 58.5 in December, highlighting the strongest rate of expansion since mid-2022. For the 17th straight month, the headline figure was above the neutral 50 threshold.

Services sector activity hits 12-year high in Feb

Services sector activity hits 12-year high in Feb

Rediff.com3 Mar 2023

The Indian services sector expanded at the strongest rate in 12 years in February supported by favourable demand conditions and new business gains, a monthly survey said on Friday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 57.2 in January to 59.4 in February -- its highest level in 12 years. For the 19th straight month, the headline figure was above the neutral 50 threshold. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.

India's services sector growth eases to 3-month low in June

India's services sector growth eases to 3-month low in June

Rediff.com5 Jul 2023

India's services sector growth eased to a three-month low in June but service providers continued to signal positive demand trends, which resulted in a stronger increase in new business volumes and further job creation, a monthly survey said on Wednesday. The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 61.2 in May to 58.5 in June. Despite falling from May, the latest figure was consistent with a sharp pace of growth.

Growth Or Inflation? What Will RBI Gov Tackle?

Growth Or Inflation? What Will RBI Gov Tackle?

Rediff.com11 Dec 2024

Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.

'Many Indian unicorns have set up businesses in Dubai'

'Many Indian unicorns have set up businesses in Dubai'

Rediff.com16 Sep 2023

'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'

Services sector output hits 3-month high in Nov

Services sector output hits 3-month high in Nov

Rediff.com5 Dec 2022

India's services sector output growth touched a three-month high in November as business inflows rose markedly amid accommodative demand conditions, a monthly survey said on Monday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 55.1 in October to 56.4 in November, indicating a sharp increase in output that was the quickest in three months even amid higher operating expenses. Survey participants linked the latest expansion to demand strength, successful marketing and a sustained upturn in sales.

M&A deals rise 13.5% in '24 so far

M&A deals rise 13.5% in '24 so far

Rediff.com16 Dec 2024

the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.

'History Will Remember Him With Gratitude'

'History Will Remember Him With Gratitude'

Rediff.com27 Dec 2024

'During his stint as prime minister, he got 270 million people out of poverty.' 'This, according to the World Bank, is the fastest compression of poverty anywhere in the world.' Arvind Mayaram, the former finance secretary, recalls his encounters with Dr Manmohan Singh.

Suhas Subramanyam becomes first Desi to win US House seat from East Coast

Suhas Subramanyam becomes first Desi to win US House seat from East Coast

Rediff.com6 Nov 2024

Running for the US House of Representatives from the 10th Congressional District of Virginia, a Democratic stronghold, Subramanyam defeated Mike Clancy of the Republican Party. He is currently a Virginia State Senator.

Did You Know About Tatas' China Link?

Did You Know About Tatas' China Link?

Rediff.com17 Oct 2024

The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.

Services sector grows to nearly 13-year high in April

Services sector grows to nearly 13-year high in April

Rediff.com3 May 2023

India's services sector growth accelerated in April, as strong demand conditions resulted in the fastest increase in new business and output in close to 13 years, a monthly survey said on Wednesday. The pick-up in demand occurred in spite of escalating price pressures. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 57.8 in March to 62.0 in April, signalling the fastest expansion in output since mid 2010, amid a pick-up in new business growth and favourable market conditions.

UPSC exam for IES, ISS

UPSC exam for IES, ISS

Rediff.com3 Jul 2008

The Union Public Service Commission (UPSC) will hold the Indian Economic Service/Indian Statistical Service Examination, 2008 commencing from November 22, 2008.

Gorge Soros, Hillary Clinton get Medal of Freedom from Biden

Gorge Soros, Hillary Clinton get Medal of Freedom from Biden

Rediff.com4 Jan 2025

Soros, 94, in the recent past has spoken openly against Prime Minister Narendra Modi. The ruling BJP believe that he tried to interfere in Indian elections.