News for 'Monsoon 2024'

Maha Guv CP Radhakrishnan named NDA's Vice-Presidential candidate

Maha Guv CP Radhakrishnan named NDA's Vice-Presidential candidate

Rediff.com17 Aug 2025

The National Democratic Alliance (NDA) has nominated Maharashta Governor Chandrapuram Ponnusamy Radhakrishnan as their candidate for Vice-President of India. The announcement was made by BJP President J P Nadda, highlighting Radhakrishnan's extensive public service and cross-party respect.

Snubbed, Sarfaraz Khan turns to Kanga League

Snubbed, Sarfaraz Khan turns to Kanga League

Rediff.com11 Aug 2025

Sarfaraz has taken an unconventional route to keep himself battle-ready - turning up in the Kanga League, a competition few modern-day Mumbai internationals participate in.

Record Rs 474 Cr Insurance Cover For Ganesh Mandal

Record Rs 474 Cr Insurance Cover For Ganesh Mandal

Rediff.com19 Aug 2025

Of the Rs 474.4 crore insurance cover, the largest component -- Rs 375 crore -- has been allocated towards personal accident cover for volunteers.

74% rural households expect income growth in 1 yr: Survey

74% rural households expect income growth in 1 yr: Survey

Rediff.com18 Jun 2025

Around 74 per cent rural households expect their incomes to increase in the next one year, according to a bimonthly survey conducted by the National Bank for Agriculture and Rural Development (Nabard) in May 2025. The percentage recorded was 72 in March.

India's cement sector sees a concrete 2024 with over 10 major deals

India's cement sector sees a concrete 2024 with over 10 major deals

Rediff.com23 Dec 2024

With over 10 deals announced in 2024, the cement sector logged the highest number of pacts, including acquisitions and fresh financial investments, in a single calendar year since 2014, with the combined value of investments over $3.5 billion. During the year so far, 11 deals have been announced, according to Bloomberg data.

Passenger vehicle wholesales marginally down in May: SIAM

Passenger vehicle wholesales marginally down in May: SIAM

Rediff.com17 Jun 2025

Domestic passenger vehicle wholesales were down 0.8 per cent at 3,44,656 units in May this year as compared to 3,47,492 units in the same month last year, Society of Indian Automobile Manufacturers said on Monday.

Auto retail sales rise 9% in 2024 despite multiple headwinds: FADA

Auto retail sales rise 9% in 2024 despite multiple headwinds: FADA

Rediff.com7 Jan 2025

Automobile retail sales grew 9 per cent year on year in 2024 riding on the back of robust demand for two-wheelers and passenger vehicles amid challenging business environment, dealers' body FADA said on Tuesday. Overall vehicle registrations stood at 2,61,07,679 units last year as compared to 2,39,28,293 units in the 2023 calendar year, recording a growth of 9 per cent.

Trump's Tariffs Bites Surat's Diamond Industry

Trump's Tariffs Bites Surat's Diamond Industry

Rediff.com25 Aug 2025

'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'

Sensex rises 317 pts on gains in auto, pharma shares

Sensex rises 317 pts on gains in auto, pharma shares

Rediff.com15 Jul 2025

Stock markets snapped the four-day falling streak on Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBI's comfort zone. The 30-share BSE Sensex climbed 317.45 points or 0.39 per cent to settle at 82,570.91. During the day, it jumped 490.16 points or 0.59 per cent to 82,743.62. The 50-share NSE Nifty edged higher by 113.50 points or 0.45 per cent to 25,195.80.

A Forgotten School Blooms Again In Meghalaya

A Forgotten School Blooms Again In Meghalaya

Rediff.com2 Aug 2025

With no money or staff, here's how Batskhem Thabah, a teacher, transformed an abandoned village school in rainy Raibah into a lively place for learning.

India braces for above-normal June rains, cooler temperatures: IMD

India braces for above-normal June rains, cooler temperatures: IMD

Rediff.com27 May 2025

The India Meteorological Department (IMD) has predicted above-normal rainfall across India in June, with most parts of the country likely to experience normal to below-normal maximum temperatures. The IMD also anticipates above-normal minimum temperatures across most of the country, except for some parts of central India and the adjoining south peninsula. The southwest monsoon reached Kerala on May 24, marking its earliest arrival over the Indian mainland since 2009. The monsoon is crucial for India's agriculture-dependent economy, providing vital water for crops and supporting drinking water and hydropower generation.

Monsoon sets in over Kerala and northeast

Monsoon sets in over Kerala and northeast

Rediff.com30 May 2024

Spurred by cyclone Remal, the southwest monsoon set in over the Kerala coast and parts of the northeast on Thursday, a day earlier than forecast by the weather office.

S&P ups India's FY26 GDP growth estimates to 6.5%

S&P ups India's FY26 GDP growth estimates to 6.5%

Rediff.com24 Jun 2025

S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.

Tata Motors Q1 net profit down 62.2% to Rs 4,003 cr

Tata Motors Q1 net profit down 62.2% to Rs 4,003 cr

Rediff.com8 Aug 2025

Tata Motors on Friday reported a 62.2 per cent decline in consolidated net profit to Rs 4,003 crore in the June quarter, impacted by volume decline across segments, drop in JLR profits due to US tariffs and high base effect due to gain from sale of discontinued operations. The auto major had posted a consolidated net profit of Rs 10,587 crore in the April-June quarter of the previous fiscal, Tata Motors Ltd (TML) said in a regulatory filing.

Auto firms align dispatches with retail demand amid stock pileup

Auto firms align dispatches with retail demand amid stock pileup

Rediff.com4 Aug 2025

Manufacturers of passenger vehicles (PVs) in the first half of the calendar year (2025) reported a modest 0.5 per cent year-on-year increase in wholesale dispatches, while retail sales grew 2.5 per cent for the same period, reflecting a calibrated approach by automakers amid elevated dealership inventories and cautious consumer sentiment. According to the Society of Indian Automobile Manufacturers (Siam), dispatches rose marginally to 2.16 million units, up from 2.15 million units a year earlier.

Trump, Pahalgam, Bihar: Oppn ready for showdown in Parliament

Trump, Pahalgam, Bihar: Oppn ready for showdown in Parliament

Rediff.com20 Jul 2025

INDIA bloc parties are set to raise issues such as the Pahalgam attack, US President Trump's claims of brokering a ceasefire, and concerns over electoral roll revisions in Bihar during the Parliament's Monsoon session.

US penalty risk on Russian oil may add $9-11 bn to India's import bill

US penalty risk on Russian oil may add $9-11 bn to India's import bill

Rediff.com3 Aug 2025

India's annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com1 Jun 2025

RBI's interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said.

Oppn raises Pahalgam, Trump's remarks, Bihar SIR in session eve meet

Oppn raises Pahalgam, Trump's remarks, Bihar SIR in session eve meet

Rediff.com21 Jul 2025

At the customary meeting ahead of the session beginning Monday, the opposition raised various issues, including voter roll revision in Bihar, the Pahalgam terror attack and Trump's 'ceasefire' claims.

India's Last 3 Air Crashes: Key Safety Lessons

India's Last 3 Air Crashes: Key Safety Lessons

Rediff.com15 Jul 2025

India's last three major commercial aviation accidents --Patna (2000), Mangaluru (2010), and Kozhikode (2020) -- could offer critical safety lessons for the ongoing investigation.

India stopped Op Sindoor on condition that...: Rajnath

India stopped Op Sindoor on condition that...: Rajnath

Rediff.com29 Jul 2025

Defence Minister Rajnath Singh stated India's readiness to assist Pakistan in combating terrorism if it cannot act on its own, highlighting Operation Sindoor as a demonstration of India's capabilities. He also criticized Pakistan's appointment to a UN counter-terrorism committee.

Heavy rains lash coastal K'taka for third straight day, red alert issued

Heavy rains lash coastal K'taka for third straight day, red alert issued

Rediff.com26 May 2025

Heavy monsoon rains battered Karnataka's coastal belt for the third consecutive day on Monday, severely disrupting normal life in Dakshina Kannada district, prompting authorities to issue a red alert and deploy disaster response teams. A red alert indicates extremely heavy rainfall of over 20 cm in 24 hours, and will remain in force for the next five days, according to the India Meteorological Department (IMD). Several parts of Mangaluru city reported waterlogging and traffic snarls, while minor incidents of landslides were reported from hilly regions across the district. The district administration has directed schools and composite colleges to remain shut on 27 and 28 following the IMD issuing a red alert. Instructions were also issued to relocate residents living in vulnerable hillside and riverside areas to safer locations. The authorities have sought prompt action from the National Highways Authority of India (NHAI) following complaints of water intrusion in residential areas due to ongoing highway construction works.

World Is About To Get Hot -- Here's Why You Should Worry

World Is About To Get Hot -- Here's Why You Should Worry

Rediff.com30 May 2025

The year 2024 was not only the hottest year on record but also the first to breach 1.5C above the 1850-1900 baseline.

Sensex, Nifty end lower on global trade concerns

Sensex, Nifty end lower on global trade concerns

Rediff.com2 Jun 2025

From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.

'Global Warming Isn't Going To Come Down'

'Global Warming Isn't Going To Come Down'

Rediff.com17 Mar 2025

'The global climate system doesn't look at where the carbon dioxide is coming from. 'It may be emitted by the US, but it will not remain above the US alone but covers the whole world.'

Sena MLA slaps canteen staff over stale food, says no regret

Sena MLA slaps canteen staff over stale food, says no regret

Rediff.com10 Jul 2025

Ruling Shiv Sena's MLA Sanjay Gaikwad allegedly slapped an employee of a canteen at the MLA's hostel in Mumbai after complaining about being served stale food.

Retail inflation falls to 6-yr low of 2.82% in May on cooling food prices

Retail inflation falls to 6-yr low of 2.82% in May on cooling food prices

Rediff.com12 Jun 2025

Retail inflation dipped to an over six-year low of 2.82 per cent in May due to subdued food prices, remaining below the RBI's median target of 4 per cent for the fourth consecutive month, according to government data released on Thursday. Consumer Price Index (CPI)-based retail inflation was 3.16 per cent in April and 4.8 per cent in May 2024.

Parl's stormy monsoon session ends; productivity of LS 136%, RS 118%

Parl's stormy monsoon session ends; productivity of LS 136%, RS 118%

Rediff.com9 Aug 2024

The disqualification of wrestler Vinesh Phogat in the Olympics after being found overweight before the final bout also saw the government and Opposition come to blows in Parliament.

Passenger vehicle retail sales dip 3% in May as demand softens: FADA

Passenger vehicle retail sales dip 3% in May as demand softens: FADA

Rediff.com6 Jun 2025

Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers' body FADA said on Friday. The passenger vehicle registrations last month stood at 302,214 units, as compared to 311,908 units in May 2024.

Will India Inc get to explore critical minerals overseas?

Will India Inc get to explore critical minerals overseas?

Rediff.com14 Jun 2025

India is planning to amend the Mines and Minerals (Development and Regulation) Amendment Act 2023 to specify the use of funds currently earmarked at 5,600 crore for exploring critical mineral mines overseas, according to a top official. The proposed amendments also aim to introduce a tailings policy and modify the royalty structure to facilitate the extraction of critical minerals from waste materials, the official added.

Regaining share key to more upside in automobile major Hero MotoCorp

Regaining share key to more upside in automobile major Hero MotoCorp

Rediff.com2 Jul 2025

Hero MotoCorp Ltd (HMCL) has been the best-performing auto stock over the last three months, gaining over 17 per cent during this period. Multiple tailwinds, especially on the rural front, are expected to boost its volumes. In addition to the demand drivers, new launches too should help drive growth both in the commuter and premium motorcycle categories.

Automobile retail sales up 2.95% in April: FADA

Automobile retail sales up 2.95% in April: FADA

Rediff.com5 May 2025

Overall automobile retail sales in India grew a modest 2.95 per cent in April this year to 22,87,952 units with completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on a positive note, Federation of Automotive Dealers Associations said on Monday.

Rural two-wheeler demand roars back to life in first half of 2024

Rural two-wheeler demand roars back to life in first half of 2024

Rediff.com22 Jul 2024

The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.

'The RBI has started to support growth'

'The RBI has started to support growth'

Rediff.com2 Jul 2025

'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'

Wholesale price inflation dips to 0.85% in April

Wholesale price inflation dips to 0.85% in April

Rediff.com14 May 2025

Wholesale price inflation dropped to 0.85 per cent in April as prices of food articles, manufactured products, and fuel eased, government data showed on Wednesday. WPI-based inflation was 2.05 per cent in March. It was 1.19 per cent in April last year.

Nepalese tea takes the flavour out of Darjeeling tea

Nepalese tea takes the flavour out of Darjeeling tea

Rediff.com27 May 2025

Competition from Nepalese teas -- which has duty free access to the Indian market -- has emerged as a lower-cost alternative to Darjeeling tea, challenging its viability.

Hero expects EV biz to break even with 30K monthly sales

Hero expects EV biz to break even with 30K monthly sales

Rediff.com15 May 2025

Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.

India to get above-normal rainfall this monsoon, says IMD

India to get above-normal rainfall this monsoon, says IMD

Rediff.com15 Apr 2024

India is likely to see above-normal rainfall in the four-month monsoon season (June to September) with cumulative rainfall rainfall estimated at 106 percent of the long-period average (87 cm), he said.

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

Monsoon Will Be 'Above-Normal' This Year

Monsoon Will Be 'Above-Normal' This Year

Rediff.com26 Apr 2024

It is in more than a decade that the IMD has predicted 'above-normal' rains in the country.