News for 'OED'

GST revenue hits record high of Rs 2.37 lakh cr in April

GST revenue hits record high of Rs 2.37 lakh cr in April

Rediff.com1 May 2025

Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, which the government said shows resilience of the Indian economy and the effectiveness of cooperative federalism. The gross GST mop-up was Rs 2.10 lakh crore in April 2024 -- the second highest collection ever since GST was rolled out on July 1, 2017. The net mop-up was Rs 1.92 lakh crore.

March blow for retail auto sales, may face headwinds

March blow for retail auto sales, may face headwinds

Rediff.com10 Apr 2025

The only silver lining in March's performance -- which otherwise dragged down the financial year's momentum -- was a 6 per cent year-on-year (Y-o-Y) growth compared to March of the previous year. This is largely due to incentives, festival-driven gains, and new launches.

Don't know what will happen: Trump as Hamas deadline approaches

Don't know what will happen: Trump as Hamas deadline approaches

Rediff.com15 Feb 2025

United States President Donald Trump said on Friday that he was not sure what would happen on Saturday at noon, a reference to the deadline he put in place earlier this week, saying 'let all hell break out' if Hamas does not release hostages still being held in Gaza by noon on Saturday.

Recipe: Hitesh's Mom's Sambhar

Recipe: Hitesh's Mom's Sambhar

Rediff.com28 Apr 2025

Hitesh Harisinghani's mother learned to make sambhar from his nani. Packed with vegetables, it has a dash of sweetness from the jaggery, and sour from tamarind and tomatoes.

PIX: De Bruyne strike earns Manchester City win over Wolves

PIX: De Bruyne strike earns Manchester City win over Wolves

Rediff.com3 May 2025

Captain Kevin De Bruyne scored in his penultimate game at Etihad Stadium as Manchester City beat Wolverhampton Wanderers 1-0 on Friday to climb to third in the Premier League and boost their chances of Champions League qualification.

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Rediff.com5 Jan 2025

Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while advances increased 11.76 per cent Y-o-Y at Rs 9.63 trillion, outpacing deposit growth during the period. Domestic retail advances grew at a robust 19.5 per cent Y-o-Y to Rs 2.43 trillion.

Why Are KKR Fans Upset With Nitish Rana?

Why Are KKR Fans Upset With Nitish Rana?

Rediff.com27 Mar 2025

As he was dismissed for just eight runs, KKR fans served him a brutal reminder of his old 'loyalty' remark.

Shah Rukh: 'You Will Never Be Lonely If...'

Shah Rukh: 'You Will Never Be Lonely If...'

Rediff.com2 May 2025

Shah Rukh Khan is known for his wit and humour, and it was on full display at the World Audio Visual and Entertainment Summit (WAVES) 2025 event on May 1.

Despite near-term worries, Tata Elxsi's growth will improve

Despite near-term worries, Tata Elxsi's growth will improve

Rediff.com18 Jan 2025

Tata Elxsi (TelX) reported a weak Q3FY25, with a sharp deceleration in the transportation vertical. However, recent deals in the Asia-Pacific (APAC), higher mix of original equipment makers (OEMs) and partnership with Qualcomm will improve growth. FY25 is the third successive financial year of revenue growth deceleration and second successive financial year of profit deceleration.

Godrej Consumer may be the fastest growing FMCG player in FY26

Godrej Consumer may be the fastest growing FMCG player in FY26

Rediff.com26 Mar 2025

Godrej Consumer Products (GCPL) had a disappointing third quarter (Q3FY25) with flat volumes (after 7 per cent growth H1FY25). Price hikes will be required to maintain margins to offset the cost of palm oil inflation. However, some analysts see Q3 as an exception with strong volume growth expected to resume and it may be the fastest growing FMCG player in FY26.

EPL PIX: City score late win; Villa crush Newcastle

EPL PIX: City score late win; Villa crush Newcastle

Rediff.com20 Apr 2025

A round-up of Saturday's action in the Premier League.

NZ whip Pakistan in first ODI after Chapman, Mitchell tons

NZ whip Pakistan in first ODI after Chapman, Mitchell tons

Rediff.com29 Mar 2025

Mark Chapman scored 132 and Daryl Mitchell 76 in a 199-run partnership as New Zealand amassed 344 for 9 and went on to beat Pakistan by 73 runs in the first One-Day International at Napier on Saturday.

Growth worries, competitive pressures weigh on Trent stock performance

Growth worries, competitive pressures weigh on Trent stock performance

Rediff.com15 Apr 2025

The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.

Dabur is one of the FMCG majors which may be hard hit

Dabur is one of the FMCG majors which may be hard hit

Rediff.com11 Apr 2025

The fast-moving consumer goods (FMCG) sector is likely to report muted results in the fourth quarter of 2024-25 (Q4FY25) due to weakness in urban consumption. The weakness may persist through the first half of 2025-26 (H1FY26).

How Sebi plans to ensure greater transparency and ease of doing business

How Sebi plans to ensure greater transparency and ease of doing business

Rediff.com25 Mar 2025

Under its new chairman Tuhin Kanta Pandey, the Securities and Exchange Board of India (Sebi) has gravitated towards greater transparency and ease of doing business, setting an objective of "effective and optimum" regulation. On Monday, during its first board meeting under Pandey, the regulator has decided to constitute a high-level committee (HLC) to review conflicts of interest and unveiled initiatives to simplify regulatory processes.

Weaning Investors Off F&O Is Tough

Weaning Investors Off F&O Is Tough

Rediff.com19 Oct 2023

SEBI has published data showing that more than 90 per cent of investors lose money in futures and options, explains Harsh Roongta.

New Zealand rest IPL-bound stars for Pakistan T20 series

New Zealand rest IPL-bound stars for Pakistan T20 series

Rediff.com11 Mar 2025

Michael Bracewell, who was one of the main performers for New Zealand in the Champions Trophy, will lead the side in the absence of Mitchell Santner.

Phoenix Mills primed for success after robust Q3 and Budget boost

Phoenix Mills primed for success after robust Q3 and Budget boost

Rediff.com11 Feb 2025

The stock of mall developer and commercial real estate major, The Phoenix Mills (Phoenix), is up 26 per cent since its business update in the third week of January. The gains came on strong December quarter performance and the consumption boost in the Budget which is expected to help the company sustain its growth trends.

Just Who Was Mahatma Phule?

Just Who Was Mahatma Phule?

Rediff.com11 Apr 2025

The latest biopic on Jyotibai Phule has come at a time when the Department of Taking Offence is super-active. Utkarsh Mishra feels it will be interesting to see if it portrays his attack on Brahminism in the same 'no holds barred' manner-- and, if it does, what reaction it provokes.

Sonia, Mamata got in touch with my wife, reveals Dhankhar

Sonia, Mamata got in touch with my wife, reveals Dhankhar

Rediff.com17 Mar 2025

Vice President Jagdeep Dhankhar expressed gratitude to several leaders, including Congress leader Sonia Gandhi and West Bengal Chief Minister Mamata Banerjee, for their concern and well wishes after he was hospitalized for cardiac-related ailments. Dhankhar, who resumed chairing the Rajya Sabha on Monday, said he was "greatly touched" by the concern expressed across party lines, which contributed to his speedy recovery.

PIX: Back from ban, China's Zhao is World snooker champion

PIX: Back from ban, China's Zhao is World snooker champion

Rediff.com6 May 2025

Zhao Xintong received a 20-month ban in January 2023 after a match-fixing scandal that rocked the sport, the repercussions of which meant he was classed as an amateur at the World Snooker Championship.

Kesari Chapter 2 Review: For The Love Of Drama!

Kesari Chapter 2 Review: For The Love Of Drama!

Rediff.com18 Apr 2025

Kesari 2 has more style than substance on its mind, feels Sukanya Verma.

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks' credit costs up in Q3FY25 on higher provisions

Rediff.com27 Jan 2025

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.

Why BSE stock tumbled over 9% on Wed

Why BSE stock tumbled over 9% on Wed

Rediff.com5 Mar 2025

Shares of BSE on Wednesday tumbled more than 9 per cent after its rival NSE said that all Nifty index weekly derivatives contracts will expire on Monday instead of Thursday with effect from April 4. The stock of BSE tanked 9.39 per cent to Rs 4,035.10 apiece on the National Stock Exchange (NSE).

Vehicle retail sales in India sees 32% rise Y-o-Y in Oct: FADA

Vehicle retail sales in India sees 32% rise Y-o-Y in Oct: FADA

Rediff.com6 Nov 2024

The total vehicle retail sales in India witnessed a 32 per cent on-year rise in October to 28,32,944 units with all segments including two-wheelers and passenger vehicles registering strong growth, Federation of Automobile Dealers' Association (FADA) said on Wednesday. The total vehicle retail sales in October 2023 stood at 21,43,929 units, as per FADA. The strong growth in October this year was largely driven by the rural market, especially boosting two-wheeler and passenger vehicles sales, supported by increased Minimum Support Price (MSP) for Rabi crops, FADA said.

Zverev, Sabalenka open with easy wins at Madrid Open

Zverev, Sabalenka open with easy wins at Madrid Open

Rediff.com26 Apr 2025

Zverev cruised past home favorite Roberto Bautista Agut 6-2, 6-2, while Sabalenka triumphed over qualifier Anna Blinkova 6-3, 6-4.

PIX: Team India Celebrate Champions Trophy Win!

PIX: Team India Celebrate Champions Trophy Win!

Rediff.com9 Mar 2025

India outclassed New Zealand by four wickets to win their third Champions Trophy title at the Dubai International Cricket Stadium on Sunday.

All hell is going to break out: Trump's warning to Hamas

All hell is going to break out: Trump's warning to Hamas

Rediff.com11 Feb 2025

When asked about on what kind of 'hell' he was talking about, Trump said, "You'll find out, and they'll find out -- Hamas will find out what I mean."

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

'Yes Bank has solved the asset quality problem'

'Yes Bank has solved the asset quality problem'

Rediff.com17 May 2025

'Now we have one of the best asset qualities in the industry.'

Going local for global: Bharat Global Ports to test waters at home first

Going local for global: Bharat Global Ports to test waters at home first

Rediff.com31 Mar 2025

The government is looking to give Bharat Global Ports a certain amount of domestic exposure after it set up the state-owned consortium to increase India's global maritime heft, officials aware of the development said. The intended domestic exposure is meant to give the consortium experience and build its credentials for international projects.

Analysts eye 34% upside in RIL post Q3; Jefferies, Citi, CLSA, MS upbeat

Analysts eye 34% upside in RIL post Q3; Jefferies, Citi, CLSA, MS upbeat

Rediff.com18 Jan 2025

India's most valued company, Reliance Industries Ltd (RIL), reported a robust performance in the third quarter of the current financial year (Q3FY25), surpassing analyst expectations. This coupled with positive commentary by brokerages led to the stock of the oil-to-telecom conglomerate surging as much as 4.44 per cent to hit an intraday high of Rs 1,325.1. It settled at Rs 1,301.3 apiece, up 2.57 per cent.

TMC's Derek O'Brien suspended, later allowed to attend RS

TMC's Derek O'Brien suspended, later allowed to attend RS

Rediff.com8 Aug 2023

Amid a massive ruckus after the suspension order, the Rajya Sabha was adjourned.

EPL PIX: Liverpool clear after Arsenal held; Man City thrash Palace

EPL PIX: Liverpool clear after Arsenal held; Man City thrash Palace

Rediff.com13 Apr 2025

A round-up of Saturday's action in the Premier League.

It's The Enemy's Flag. I Still Won't Step On It

It's The Enemy's Flag. I Still Won't Step On It

Rediff.com3 May 2025

'I'm not dismissing the anger that drives people to stomp on the enemy's flag. 'In times of collective grief and rage, that kind of expression is understandable, especially in the age of viral content. 'But must I do it too?' asks Nikhil Narayanan.

HDFC Bank Q3 a 'strong' quarter despite just 2% profit growth: Analysts

HDFC Bank Q3 a 'strong' quarter despite just 2% profit growth: Analysts

Rediff.com24 Jan 2025

Analysts have largely maintained their positive outlook on HDFC Bank, as the private lender reported in-line results for the October-December quarter (Q3) of the current financial year (2024-25/FY25). They believe the results were 'strong' given the tough macro environment, and relative to peers.

Verstappen 'like' on controversial post

Verstappen 'like' on controversial post

Rediff.com28 Mar 2025

Verstappen's Dutch compatriot Van der Garde, who raced 19 times for now-defunct Caterham in 2013, said he was "getting a bit tired of" the narrative of having to deliver under pressure or face the consequences.

EPL PIX: Arsenal edge Newcastle; Forest keep hopes alive

EPL PIX: Arsenal edge Newcastle; Forest keep hopes alive

Rediff.com19 May 2025

Arsenal snapped a season-long jinx against Newcastle United with a nervy 1-0 win in their last Premier League home game on Sunday.

Most brokerages lift targets for UltraTech Cement

Most brokerages lift targets for UltraTech Cement

Rediff.com26 Jan 2025

Although UltraTech Cement's results for the December quarter of the current financial year (Q3FY25) were not an improvement compared to Q3FY24, the company managed to surpass Street expectations. The company's profit attributable to the owners of the parent dropped 17.4 per cent year-on-year (Y-o-Y) to Rs 1,469.5 crore in Q3FY25 as against Rs 1,777 crore in Q3FY24.

Reliance back on growth path, multiple catalysts to drive performance

Reliance back on growth path, multiple catalysts to drive performance

Rediff.com19 Jan 2025

Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.