News for 'Interests of Consumers'

'This Year, We Will Commence Full Refit Of B787s'

'This Year, We Will Commence Full Refit Of B787s'

Rediff.com16 Jun 2025

'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'

15 Fastest-Growing Job Skills In India

15 Fastest-Growing Job Skills In India

Rediff.com20 Mar 2025

Despite the dominance of AI, creativity and innovation are the most in-demand skills, reveal LinkedIn's Skills On The Rise 2025 report.

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

Rediff.com9 Apr 2025

The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.

Renault to buy out Nissan's stake in Indian JV

Renault to buy out Nissan's stake in Indian JV

Rediff.com31 Mar 2025

French auto major Renault on Monday said it will buy out its Japanese partner Nissan's stake in their Indian joint venture -- Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent of Renault Nissan Automotive India Private Ltd (RNAIPL), by acquiring the 51 per cent shareholding currently held by Nissan, the company said in a statement.

Auto retail sales rose 6% in FY25; dealers optimistic about FY26

Auto retail sales rose 6% in FY25; dealers optimistic about FY26

Rediff.com7 Apr 2025

Automobile retail sales in India rose 6 per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers' body FADA said on Monday. The last financial year saw growth in sales of passenger vehicles, two-wheelers and three-wheelers.

Markets join global selloff; Sensex sinks below 80k

Markets join global selloff; Sensex sinks below 80k

Rediff.com19 Dec 2024

Equity benchmark Sensex on Thursday plunged about 965 points to crash below the 80,000 level due to heavy selling in global equities after the US Federal Reserve signalled fewer rate cuts next year. Besides, deep losses in consumer durables, banking and IT stocks amid foreign fund outflows added to the gloom, analysts said.

Fintechs may shift to secure products after RBI order on consumer loans

Fintechs may shift to secure products after RBI order on consumer loans

Rediff.com23 Nov 2023

Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured portfolio. Fintechs which source funds through banks or non-banking finance companies (NBFCs) are looking at quickly building their secured portfolio options to at least 40 per cent of their total portfolio. "Over the medium to long term, as part of our product strategy, we are evaluating secured products which can be enabled over a digital platform" said Yogi Sadana, the founder of Zype, a lending-focussed fintech.

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com4 Apr 2025

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

'Portfolios Need To Be Balanced This Year'

'Portfolios Need To Be Balanced This Year'

Rediff.com6 Feb 2025

'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'

Budget Impact: 10 Largecaps To Look Out For

Budget Impact: 10 Largecaps To Look Out For

Rediff.com4 Feb 2025

10 largecaps stocks which stand to gain from the Budget.

AI Challenges Loom Over 20Bn IT Contracts

AI Challenges Loom Over 20Bn IT Contracts

Rediff.com14 Apr 2025

Some major contracts coming up for renewal include TCS' deals with Star Alliance, a consortium of airlines based in Germany, and Nielsen; Infosys' deals with GE Appliances and Daimler; HCLTech's with UK-based life insurer Chesnara; Wipro's with German electric utility company E.ON and Petrobras of Brazil; and Tech Mahindra's with Circle Health.

Sensex falls 385 points amid weak global trends

Sensex falls 385 points amid weak global trends

Rediff.com16 Dec 2024

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.

BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

Rediff.com15 Jan 2025

Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and ammotisation (Ebitda) level for FY25, chief executive officer (CEO) Nalin Negi said.

How the markets will fare this week

How the markets will fare this week

Rediff.com9 Mar 2025

Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Market participants will also closely track foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices, they added.

Over To The Rain Gods To Lift Consumer Mood

Over To The Rain Gods To Lift Consumer Mood

Rediff.com24 Aug 2022

The 6.7% growth in Index of Consumer Sentiments in July 2022 is the highest since September 2021, explains Mahesh Vyas.

Bumper kharif production to lower food inflation in coming months: FinMin

Bumper kharif production to lower food inflation in coming months: FinMin

Rediff.com26 Nov 2024

Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country's inflation outlook benign, the Union Ministry of Finance (FinMin) said in its monthly economic report for October released on Monday.

Realty sector turns cautious as equity market tumbles

Realty sector turns cautious as equity market tumbles

Rediff.com14 Apr 2025

'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'

India sees record deal activity in Feb at $7.2 bn

India sees record deal activity in Feb at $7.2 bn

Rediff.com15 Mar 2025

India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said.

Utility vehicle demand aids highest-ever January PV dispatch: SIAM

Utility vehicle demand aids highest-ever January PV dispatch: SIAM

Rediff.com13 Feb 2025

Passenger vehicle dispatches from companies to dealerships witnessed an increase of 1.6 pc year-on-year in January at 399,386 units driven by robust demand for utility vehicles, industry body SIAM said on Thursday. It was the highest-ever passenger vehicle dispatch for the month of January.

Why analysts have downgraded growth and margin expectations of Dabur

Why analysts have downgraded growth and margin expectations of Dabur

Rediff.com14 Jan 2025

Dabur's pre-quarterly update for Q3FY25 disappointed the market with the share dropping by 3.9 per cent. Growth was slower than expected and inflation hit margins. The management said that the fast-moving consumer goods (FMCG) consumption in rural markets was resilient and continued to grow faster than in urban markets.

'I Will Not Go Under The Knife But...'

'I Will Not Go Under The Knife But...'

Rediff.com18 Feb 2025

'I always say that if somebody is not coming from a billionaire background, if they come from normal, non-filmi backgrounds, please don't come to become an actor because it's very, very challenging.'

'Comedians Usually Bounce Back'

'Comedians Usually Bounce Back'

Rediff.com15 Feb 2025

'Unless a comedian is involved in something society deems unforgivable...'

Manga Fever Takes Over India

Manga Fever Takes Over India

Rediff.com12 Feb 2025

'Netflix, Amazon Prime Video, Crunchyroll, and Disney+ Hotstar are continuously expanding their Anime libraries.'

'Ambition to double the business within three years'

'Ambition to double the business within three years'

Rediff.com24 Feb 2025

'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'

How PM Mudra Loans Are Reshaping India's Economy

How PM Mudra Loans Are Reshaping India's Economy

Rediff.com16 Apr 2025

By democratising access to finance, empowering women and marginalised groups, and adapting to India's diverse regional landscapes, PMMY has helped fortify the country's grassroots growth engines, says Chief Economic Advisor to the Government of India, V Anantha Nageswaran.

Startups: 'India Is In A Golden Age'

Startups: 'India Is In A Golden Age'

Rediff.com3 Mar 2025

'The conversation is no longer just about securing funds or acquiring customers but about the long-term value of customers.'

Indian Pharma Gets Relief from Trump's Tariffs

Indian Pharma Gets Relief from Trump's Tariffs

Rediff.com4 Apr 2025

Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.

Vietnam: A Wonderful Place For A Holiday

Vietnam: A Wonderful Place For A Holiday

Rediff.com12 May 2025

Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.

How To Make Money In A Bear Market

How To Make Money In A Bear Market

Rediff.com6 Mar 2025

'Reduce your equity allocation, put that allocation into gold and fixed income.'

Lessons For Start Ups From UPI Success Story

Lessons For Start Ups From UPI Success Story

Rediff.com14 Apr 2025

Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan.

India's job market ends 2024 on a high; white-collar hiring up 9%

India's job market ends 2024 on a high; white-collar hiring up 9%

Rediff.com2 Jan 2025

White-collar hiring activity in December witnessed a 9 per cent increase compared to the same period of the previous year, driven by high-skill and strategic roles, a report said on Thursday. According to Naukri JobSpeak, the index reached an impressive 2,651 points in December 2024, reflecting a robust 9 per cent year-on-year growth, a promising sign for the year ahead.

Despite 6.6% growth, auto dealers have mixed expectations

Despite 6.6% growth, auto dealers have mixed expectations

Rediff.com6 Feb 2025

The Indian automobile retail sector saw a strong start to 2025, with overall sales increasing by 6.6 per cent year-on-year (YoY) in January, according to the latest report by the Federation of Automobile Dealers Associations (FADA). Despite the positive numbers, the association noted that auto dealers have mixed expectations for the coming months. Nearly half (46 per cent) anticipate further growth in sales, while 43 per cent believe sales will remain steady.

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Rediff.com21 Mar 2025

The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.

'Trump Respects India's Friendship'

'Trump Respects India's Friendship'

Rediff.com7 Mar 2025

'The cooperation in technology is one of the most important aspects of the visit.' 'It will have a long-lasting impact because it will shift the entire paradigm in the context of artificial intelligence and emerging technologies.'

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Rediff.com21 Feb 2025

Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.

For Tesla, India is a challenge as well as opportunity

For Tesla, India is a challenge as well as opportunity

Rediff.com19 Mar 2025

With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.

Ola Electric: Can It Spark EV Adoption?

Ola Electric: Can It Spark EV Adoption?

Rediff.com26 Mar 2025

Why has the shift from ICE to electric slowed down despite initial enthusiasm?

How China retaliated against Trump's tariffs

How China retaliated against Trump's tariffs

Rediff.com4 Mar 2025

China on Tuesday retaliated US President Donald Trump's imposition of 2nd round of ten per cent tariffs on its export by slapping an additional 15 per cent tariffs on American goods and initiated legal action against Washington in WTO while leaving the door open for talks to address each other's concerns.

Auto retail sales up 11.21% in Nov riding on two-wheeler demand: FADA

Auto retail sales up 11.21% in Nov riding on two-wheeler demand: FADA

Rediff.com9 Dec 2024

Retail sales of vehicles across categories in India grew by 11.21 per cent at 32,08,719 units in November, as compared to 28,85,317 units in the same month last year riding on two-wheeler demand, Federation of Automobile Dealers Associations said in Monday. Retail sales of two-wheelers were at 26,15,953 units last month, as compared to 22,58,970 units in November 2023, a growth of 15.8 per cent buoyed by the festive spillover.