News for 'L Capital Asia'

A distracted America is set to pull back from Asia

A distracted America is set to pull back from Asia

Rediff.com14 Nov 2016

'Clearly, from the Indian viewpoint, the US retrenchment from Asia cannot be happening as good news.' 'The abandonment of the US' pivot to Asia exposes the US-Indian partnership to be a mere transactional relationship,' says Ambassador M K Bhadrakumar

Asian Games postponed until 2023 amid COVID surge

Asian Games postponed until 2023 amid COVID surge

Rediff.com6 May 2022

Olympic Council of Asia has postponed the 19th edition of the multi-sports Games

'Kushti' in Kerala, 'dosti' in Tripura: Modi on Cong-CPI alliance

'Kushti' in Kerala, 'dosti' in Tripura: Modi on Cong-CPI alliance

Rediff.com11 Feb 2023

Modi claimed that some other parties were also helping the opposition alliance from behind but any vote for them will take Tripura several years backward.

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Rediff.com23 Sep 2022

Investors' wealth eroded by over Rs 4.90 lakh crore on Friday amid a sharp fall in equities. The 30-share BSE Sensex tanked 1,020.80 points or 1.73 per cent to settle at 58,098.92. During the day, it tumbled 1,137.77 points or 1.92 per cent to 57,981.95. The market capitalisation of the BSE-listed firms plummeted by Rs 4,90,162.55 crore to Rs 2,76,64,566.79 crore on Friday.

'Modi has moved foreign policy from elite to masses'

'Modi has moved foreign policy from elite to masses'

Rediff.com5 Jul 2023

'For the first time since I've been following Indian politics, one heard voters talking about India's role on the world stage and the fact that, due to Modi's leadership, India was once again a great power.'

Sensex slides again, loses 2778 pts in four days

Sensex slides again, loses 2778 pts in four days

Rediff.com15 Jun 2022

Sliding for the fourth straight day, the BSE Sensex shed 152 points in choppy trade on Wednesday amid mixed global cues ahead of the US Federal Reserve's policy decision.

Sensex snaps 5-day rout, rebounds 367 points

Sensex snaps 5-day rout, rebounds 367 points

Rediff.com25 Jan 2022

Maruti was the top gainer in the Sensex pack, rising around 7 per cent, followed by Axis Bank, SBI, IndusInd Bank, Bharti Airtel and NTPC.

6 night markets in Asia waiting to be explored

6 night markets in Asia waiting to be explored

Rediff.com20 Apr 2018

These Asian markets will offer you a cracking night out!

Sensex, Nifty sparkle as Samvat 2079 begins on auspicious note

Sensex, Nifty sparkle as Samvat 2079 begins on auspicious note

Rediff.com24 Oct 2022

Market benchmark BSE Sensex rallied 635 points to 59,942 in the opening trade of the special Muhurat session on Monday to mark the beginning of Hindu Samvat year 2079. The 30-share index was trading higher by 635.12 points, or 1.07 per cent, at 59,942.27 in the first few minutes of trade. Similarly, the broader NSE Nifty surged 192.20 points or 1.09 per cent to 17,768.50.

Sunday's Blockbuster streaming was all Ind-Pak cricket

Sunday's Blockbuster streaming was all Ind-Pak cricket

Rediff.com23 Oct 2022

When the Pakistan innings ended, there were 1.1 crore viewers live on the app and this increased to 1.4 crore viewers during the innings break.

Auto, metal, banking stocks lift Sensex by 67 points

Auto, metal, banking stocks lift Sensex by 67 points

Rediff.com9 Feb 2022

Maruti was the top gainer in the Sensex pack, rising over 4 per cent, followed by IndusInd Bank, HDFC Bank, Bajaj Finserv, Titan, Wipro, and Bharti Airtel. NSE Nifty jumped 197.05 points to end at 17,463.80.

Planning To Buy A House In 2023? Take A Plunge

Planning To Buy A House In 2023? Take A Plunge

Rediff.com11 Jan 2023

End users should take the plunge despite higher home loan rates as these tend to be cyclical.

Sensex tumbled 709 points following weak global trends

Sensex tumbled 709 points following weak global trends

Rediff.com22 Jun 2022

Equity indices slipped in the negative territory on Wednesday after a two-day breather, with the BSE Sensex tumbling 709.54 points following weak trends in global markets. Unabated foreign fund outflows also played spoilsport for the bourses. The 30-share BSE Sensex tanked 709.54 points or 1.35 per cent to settle at 51,822.53. During the day, it declined 792.09 points or 1.50 per cent to 51,739.98.

With Rs 4.2 trn m-cap, Adani Green is now India's 10th most valued firm

With Rs 4.2 trn m-cap, Adani Green is now India's 10th most valued firm

Rediff.com12 Apr 2022

Adani Green Energy entered the list of top-10 most valued companies in terms of market capitalisation (m-cap) in the country on Monday after its stock price zoomed 16.3 per cent to hit a new high of Rs 2,701.6 on the BSE. Adani Green Energy's m-cap now stands at Rs 4.22 trillion, surpassing Bharti Airtel, which has an m-cap of Rs 4.16 trillion. With today's rally, the stock has zoomed about 25 per cent in the last two trading days after UAE's International Holding Company (IHC) agreed to invest Rs 3,850 crore in Adani Green Energy through preferential issue.

Sensex, Nifty end in red; IT, banking shares drop

Sensex, Nifty end in red; IT, banking shares drop

Rediff.com14 Jul 2022

Benchmark indices Sensex and Nifty gave up early gains to close lower for a fourth straight session on Thursday due to selling in IT and banking shares amid weak global equities. The 30-share BSE benchmark settled 98 points or 0.18 per cent lower at 53,416.15. During the day, it hit a high of 53,861.28 and a low of 53,163.77. The broader NSE Nifty also pared initial gains and ended 28 points or 0.18 per cent down to settle at 15,938.65.

Sensex nosedives 1,457 points amid global rout

Sensex nosedives 1,457 points amid global rout

Rediff.com13 Jun 2022

Equity benchmarks had another rough day on Monday, with the Sensex plummeting 1,457 points and the Nifty tumbling to the 15,774 level, mirroring an extremely weak trend in global markets along with unrelenting foreign fund outflows. Index majors ICICI Bank, Infosys and Reliance Industries bore the brunt of heavy selling. The 30-share BSE Sensex tumbled 1,456.74 points or 2.68 per cent to settle at 52,846.70.

Randhawa paired with Jimenez

Randhawa paired with Jimenez

Rediff.com20 Apr 2005

Jyoti Randhawa has been paired with defending champion Miguel Angel Jimenez and Peter O' Malley in the opening round of the Johnnie Walker Classic Golf.

LPG price hiked by Rs 50; rates up by Rs 244 in one year

LPG price hiked by Rs 50; rates up by Rs 244 in one year

Rediff.com6 Jul 2022

Cooking gas LPG price on Wednesday was hiked by Rs 50 per cylinder, the third increase in rates since May on firming international energy prices. Non-subsidised LPG now costs Rs 1,053 per 14.2-kg cylinder in the national capital, up from Rs 1,003 previously, according to a price notification of state-owned fuel retailers. Common households pay non-subsidised rates for the cooking gas they buy, after the government restricted subsidy to just poor beneficiaries who got connections under the Ujjwala scheme.

India's 6 super achievers in Asia's powerful women list

India's 6 super achievers in Asia's powerful women list

Rediff.com27 Feb 2015

Six Indian women have made it to Asia's most powerful women list released by Forbes.

Markets end manic Monday in the red; Sensex tanks 1,546 points

Markets end manic Monday in the red; Sensex tanks 1,546 points

Rediff.com24 Jan 2022

Equity benchmark Sensex on Monday crashed about 1,546 points to sink below the 58,000-level due to across-the-board selloff tracking sluggish global markets. Besides, persistent foreign capital outflows continued to affect the market sentiment, traders said. Benchmark indices started the session on a weaker note and the selling intensified during afternoon trade, with almost all sectoral indices ending in the red. The 30-share BSE Sensex ended 1,545.67 points or 2.62 per cent lower at 57,491.51.

Sensex slides by 135 points as markets fall for 6th straight day

Sensex slides by 135 points as markets fall for 6th straight day

Rediff.com17 Jun 2022

Market benchmarks gave up intra-day gains to close in the red for the sixth session on the trot on Friday, capping a bruising week which saw a massive dash for safety amid rate hikes by global central banks and fears of slowing growth.

Indian corporate houses face a sharp, abrupt increase in funding costs

Indian corporate houses face a sharp, abrupt increase in funding costs

Rediff.com28 Jun 2022

After two years of a record low interest-rate regime, Indian corporate houses are experiencing a sharp and abrupt increase in funding costs. With the Reserve Bank of India last month making an unequivocal turn towards policy tightening amid high inflation, firms looking to tap the capital markets for funds are ending up shelling out more. The yield on the benchmark triple-A-rated corporate bonds maturing in three years has climbed 98 basis points (bps) since the policy rate hike in May. It was last at 7.47 per cent, Bloomberg data showed.

Sensex rebounds 143 pts; Nifty ends above 17,800

Sensex rebounds 143 pts; Nifty ends above 17,800

Rediff.com7 Jan 2022

Equity benchmark Sensex rebounded 143 points on Friday, boosted by gains in index majors Reliance Industries, TCS and ICICI Bank amid a mixed trend in global markets. The 30-share index ended 142.81 points or 0.24 per cent higher at 59,744.65. Similarly, the NSE Nifty rose 66.80 points or 0.38 per cent to close at 17,812.70.

Maker of Modern Bread sold to Mexican baking major

Maker of Modern Bread sold to Mexican baking major

Rediff.com24 Feb 2021

Private equity player Everstone Capital has sold Modern Foods, which it had taken over in early 2016 from Hindustan Unilever, to Mexican baking major Grupo Bimbo for an undisclosed sum.

Sensex, Nifty end lower; banking shares play spoilsport

Sensex, Nifty end lower; banking shares play spoilsport

Rediff.com17 Feb 2022

The Sensex pull-back was mainly staged by constant selloffs in banking shares, led by ICICI Bank, Axis Bank and IndusInd Bank. Of the Sensex constituents, 19 shares suffered losses.

Rupee kisses 80; settles at 79.98 against dollar

Rupee kisses 80; settles at 79.98 against dollar

Rediff.com18 Jul 2022

For the first time, the rupee declined to the low level of 80 against the US dollar in intra-day spot trading on Monday before ending the session 16 paise lower at 79.98 amid a surge in crude oil prices and unrelenting foreign fund outflows. At the interbank forex market, the local unit opened at 79.76 against the greenback but lost ground to touch the psychological low mark of 80 against the American currency. The local unit clawed back some lost ground and closed at 79.98, registering a fall of 16 paise over its previous close.

Sensex sinks 1,024 points; banks, financials drag

Sensex sinks 1,024 points; banks, financials drag

Rediff.com7 Feb 2022

HDFC Bank was the top loser in the Sensex pack, shedding over 3.5 per cent, followed by Bajaj Finance, L&T, HDFC, Bajaj Finserv, HDFC and Kotak Bank.

Figo hopes World Cup expansion plan can gain Asia support

Figo hopes World Cup expansion plan can gain Asia support

Rediff.com28 Apr 2015

FIFA presidential candidate Luis Figo will hope to convince delegates at this week's Asian Football Confederation Congress that a vote for him would boost the region's chances of more places in future World Cup finals.

Sensex ends 296 pts higher; Nifty tops 17,050

Sensex ends 296 pts higher; Nifty tops 17,050

Rediff.com27 Dec 2021

Tech Mahindra was the top gainer in the Sensex pack, rising over 3 per cent, followed by Dr Reddy's, PowerGrid, Kotak Bank, Sun Pharma, ICICI Bank and M&M. On the other hand, IndusInd Bank, Asian Paints, Maruti and Bharti Airtel were among the laggards.

Bank, energy stocks push Sensex into red; ends down 143 points

Bank, energy stocks push Sensex into red; ends down 143 points

Rediff.com4 Feb 2022

Falling the second consecutive session, equity benchmark Sensex dropped over 140 points on Friday, tracking weakness in banking and energy stocks amid a mixed trend overseas. Investors also remained concerned over persistent foreign fund outflows, traders said. The 30-share BSE index ended 143.20 points or 0.24 per cent lower at 58,644.82. Similarly, the NSE Nifty shed 43.90 points or 0.25 per cent to close at 17,516.30.

World Bank report warns of heatwaves beyond endurance in India

World Bank report warns of heatwaves beyond endurance in India

Rediff.com7 Dec 2022

Severe heatwaves, responsible for thousands of deaths across India over the last few decades, are increasing with alarming frequency and soon the country could become one of the first places in the world to experience heatwaves that break the human survivability limit, according to a new report.

India aims for defence hardware production, not assembly workshop: Rajnath

India aims for defence hardware production, not assembly workshop: Rajnath

Rediff.com13 Feb 2023

Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.

D-Street ends on a high; Sensex rallies 1,040 points

D-Street ends on a high; Sensex rallies 1,040 points

Rediff.com16 Mar 2022

Ultratech Cement was the top gainer in the Sensex pack, spurting nearly 5 per cent, followed by Axis Bank, IndusInd Bank, HDFC, Bajaj Finserv, Infosys and Bajaj Finance.

China's Military Upgrade A Cause Of Concern

China's Military Upgrade A Cause Of Concern

Rediff.com28 Mar 2023

The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.

Investors cheer Sitharaman's Budget; Sensex surges 848 points

Investors cheer Sitharaman's Budget; Sensex surges 848 points

Rediff.com1 Feb 2022

Tata Steel was the top gainer in the Sensex pack, zooming 7.57 per cent, followed by Sun Pharma, IndusInd Bank, L&T, ITC and HCL Tech.

Sensex jumps 350 points following gains in index majors

Sensex jumps 350 points following gains in index majors

Rediff.com29 Mar 2022

Benchmark BSE Sensex rallied over 350 points on Tuesday following gains in index majors HDFC twins, Bharti Airtel and Infosys amid a largely positive trend in global equity markets. The 30-share BSE barometer jumped 350.16 points or 0.61 per cent to settle at 57,943.65. During the day, it rallied 408.04 points or 0.70 per cent to 58,001.53. The broader NSE Nifty gained 103.30 points or 0.60 per cent to settle at 17,325.30.

Realty goldmine or citizen minefield, Dharavi makeover gets wiggle room

Realty goldmine or citizen minefield, Dharavi makeover gets wiggle room

Rediff.com10 Oct 2022

Shankar Prajapati, a 57-year-old potter in Dharavi, has given up hope of getting a bigger house for his family. He lives cheek by jowl in a hutment measuring 200 square (sq.) feet (ft) in the nondescript shanty town. "We have surrendered to our fate. We cannot wait forever for better accommodation. "Perhaps we are not meant to dream big," despairs Prajapati. Raju Korde, president, Dharavi Redevelopment Committee, and a local resident, agrees with Prajapati.

Finnair launches Mumbai-Helsinki direct flight; services to start from July

Finnair launches Mumbai-Helsinki direct flight; services to start from July

Rediff.com25 Mar 2022

Finland's flag carrier Finnair on Friday said it will connect Helsinki with India's financial capital Mumbai with a direct flight, starting July this year. Mumbai will be the airline's second destination in India after Delhi, where it has been flying since 2006. The to-be launched flight on Mumbai-Helsinki and vice versa will be open for bookings from April 5 onward, Finnair said in a statement.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Realty, auto, metal stocks drag Sensex down by 550 points

Realty, auto, metal stocks drag Sensex down by 550 points

Rediff.com18 Jan 2022

Equity benchmark Sensex plunged by 554.05 points on Tuesday, tracking deep losses in realty, auto and metal stocks amid widespread selling pressure in global markets. The 30-share index slumped by 554.05 points or 0.90 per cent to end at 60,754.86. The broader NSE Nifty fell by 195.05 points or 1.07 per cent to 18,113.05.