News for 'PEG'

A Home That Truly Knows You: Smart Living Is Here!

A Home That Truly Knows You: Smart Living Is Here!

Rediff.com9 Jun 2025

The smartest homes are not the ones that dazzle with tech, but the ones that disappear into your daily life while quietly elevating it.

India-Pak hostilities heighten credit risks for both nations: S&P

India-Pak hostilities heighten credit risks for both nations: S&P

Rediff.com8 May 2025

S&P Global Ratings on Thursday said the hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support.

RBI pegs FY25 inflation at 4.8%; flags food price pressures

RBI pegs FY25 inflation at 4.8%; flags food price pressures

Rediff.com6 Dec 2024

The Reserve Bank on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December quarter. Consumer price index (CPI)-based inflation increased sharply in September and October 2024 led by an unanticipated increase in food prices.

Development potential, cash flows to ensure growth for Macrotech in FY26

Development potential, cash flows to ensure growth for Macrotech in FY26

Rediff.com9 May 2025

Macrotech Developers (Lodha), the country's second-largest listed real estate company, exceeded its 2024-25 (FY25) guidance, aided by a strong pre-sales performance in the January-March quarter (Q4), driven by launches. The company had guided for Rs 17,500 crore in pre-sales for FY25 and surpassed that with bookings of Rs 17,630 crore.

EPL: Palace hold Arsenal as Liverpool edge closer to title

EPL: Palace hold Arsenal as Liverpool edge closer to title

Rediff.com24 Apr 2025

First-half goals by Jakub Kiwior and Leandro Trossard looked like being enough for a lacklustre Arsenal against a lively Palace side who equalised with an Eberechi Eze volley.

India Eyes Bigger Share Of US Electronics Market

India Eyes Bigger Share Of US Electronics Market

Rediff.com20 Mar 2025

In 2023, the share of US electronics imports from India was a mere 1.9 per cent of the $520 billion they imported, while the total Indian electronics exports to the US was pegged at only $10 billion.

Indian refiners target cheaper US LPG imports with help from China tariffs

Indian refiners target cheaper US LPG imports with help from China tariffs

Rediff.com5 May 2025

Chinese import tariffs have unwittingly come to India's assistance to help boost imports of US liquefied petroleum gas (LPG) at rates cheaper than what it pays for supplies from West Asia, according to industry sources and shipping data.

IndusInd Bank may now face ICAI probe

IndusInd Bank may now face ICAI probe

Rediff.com14 Mar 2025

Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting to the tune of Rs 2,100 crore. The private sector lender, on March 10, disclosed about some discrepancies in its derivatives portfolio which could have an adverse impact of about 2.35 per cent of the bank's net worth as of December 2024 as per its internal review.

Chhaava Enters Rs 300 Crore Club

Chhaava Enters Rs 300 Crore Club

Rediff.com24 Feb 2025

Ten days after its release, Chhaava continues to dominate theatres.

Religious Tourism Is A Money Spinner

Religious Tourism Is A Money Spinner

Rediff.com14 Apr 2025

Religious tourism witnessed 1,439 million tourists in 2022, generating Rs 1.34 trillion in revenue.

Loot Kaand Review: Bland

Loot Kaand Review: Bland

Rediff.com21 Mar 2025

Loot Kaand tries to concoct a crime drama that arouses some curiosity but is instantly forgettable, observes Deepa Gahlot.

Fiscal deficit for FY25 at 4.8% of GDP; 4.4% for FY26: FM

Fiscal deficit for FY25 at 4.8% of GDP; 4.4% for FY26: FM

Rediff.com1 Feb 2025

The fiscal deficit for FY25 has been pegged at 4.8 per cent of GDP and at 4.4 per cent for FY26, Finance Minister Nirmala Sitharaman said on Saturday. Presenting the Budget 2025-26, she said net market borrowings are estimated at Rs 11.54 lakh crore for next fiscal year.

SRH accuse Hyderabad Cricket Association of 'blackmail'

SRH accuse Hyderabad Cricket Association of 'blackmail'

Rediff.com31 Mar 2025

The Sunrisers in a mail to the governing body's top brass, which is in PTI's possession, said it would consider shifting the home matches to another state if the HCA continues to "threaten" the franchise, primarily for more complimentary tickets (free passes).

US Tariffs Rattle India's Shrimp Sector

US Tariffs Rattle India's Shrimp Sector

Rediff.com18 Apr 2025

Trump's tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in Andhra Pradesh's politically vital aquaculture sector.

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.

Bumrah would be too hot to handle for Bradman: Gilly

Bumrah would be too hot to handle for Bradman: Gilly

Rediff.com15 Jan 2025

'He would have f****** ripped on Bradman's pegs out in a matter of balls'

JioStar to Earn 6,000 Cr from IPL

JioStar to Earn 6,000 Cr from IPL

Rediff.com19 Mar 2025

With 90% of the inventories sold out, JioStar expects to ring in more than a 58% increase over last year's IPL, when it clocked Rs 3,900 crore.

EPL PIX; Man United lose; Chelsea close in on CL spot

EPL PIX; Man United lose; Chelsea close in on CL spot

Rediff.com5 May 2025

IMAGES from Premier League matches played on Sunday.

WPL PIX: Matthews, Sciver-Brunt carry MI into final

WPL PIX: Matthews, Sciver-Brunt carry MI into final

Rediff.com13 Mar 2025

Nat Sciver-Brunt and Hayley Matthews carried Mumbai Indians to their second WPL final as their power-packed knocks laid the cornerstone for the team's 47-run win over Gujarat Giants in the Eliminator in Mumbai

ED books Sonia, Rahul in National Herald case; Cong says vendetta

ED books Sonia, Rahul in National Herald case; Cong says vendetta

Rediff.com15 Apr 2025

The Enforcement Directorate (ED) has filed a chargesheet against Congress leaders Sonia Gandhi, Rahul Gandhi, and others on charges of money laundering in the National Herald case. The chargesheet, filed on April 9, names Congress leaders Sam Pitroda and Suman Dubey as accused persons. The case pertains to the alleged fraudulent takeover of properties valued over Rs 2,000 crore belonging to the Associated Journals Limited (AJL), the publisher of the National Herald news platform. The ED alleges that Young Indian, a private company "beneficially owned" by Sonia Gandhi and Rahul Gandhi, "acquired" AJL properties for a mere Rs 50 lakh, significantly undervaluing its worth. The case has been transferred to Special Judge Vishal Gogne's court for further proceedings.

India's manufacturing sector growth slips to 14-month low in Feb

India's manufacturing sector growth slips to 14-month low in Feb

Rediff.com3 Mar 2025

India's manufacturing sector growth fell to a 14-month low in February amid softer increase in new orders and production, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) registered 56.3 in February, down from 57.7 in January, but remained firmly within the 'expansionary' territory. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

IPL PIX: Abhishek's 55-ball 141 powers SRH to record win

IPL PIX: Abhishek's 55-ball 141 powers SRH to record win

Rediff.com13 Apr 2025

Abhishek Sharma blasted his way to a superb century as Sunrisers Hyderabad chased down a record total to outclass Punjab Kings in a high-scoring IPL 2025 match.

Why IndusInd Bank shares tanked over 27% on the bourses

Why IndusInd Bank shares tanked over 27% on the bourses

Rediff.com11 Mar 2025

IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses. IndusInd Bank CEO and managing director Sumant Kathpalia said that the accounting lapse was noted around September-October last year and the bank gave a preliminary update to the RBI about this last week.

IndusInd Bank stock tanks 27 pc after Rs 2,100 cr accounting lapse

IndusInd Bank stock tanks 27 pc after Rs 2,100 cr accounting lapse

Rediff.com11 Mar 2025

IndusInd Bank on Tuesday fire-fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses.

Indian tech sector revenues to grow 5% in FY25, cross $300 bn in FY26: Nasscom

Indian tech sector revenues to grow 5% in FY25, cross $300 bn in FY26: Nasscom

Rediff.com24 Feb 2025

Indian tech sector's revenues are set to grow 5.1 per cent to $282.6 billion in FY25, and likely to climb up further to $300 billion in FY26, lobby grouping Nasscom said on Monday. The revenue growth is on the "right trajectory", the body's president Rajesh Nambiar told reporters here, pointing out to revenue growth of 4 per cent in FY24, 5.1 per cent in FY25 and the over 6.1 per cent needed to cross its expectation of crossing $300 billion in FY26.

India's services sector growth sees sharp uptick in Feb

India's services sector growth sees sharp uptick in Feb

Rediff.com5 Mar 2025

India's services sector activity witnessed a sharp uptick in February boosted by improving domestic and international demand, which resulted in a quicker expansion in output and a substantial increase in employment, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from January's 26-month low of 56.5 to 59.0 in February, indicating a sharp rate of expansion.

Union Budget 2025: Key numbers to be watched

Union Budget 2025: Key numbers to be watched

Rediff.com30 Jan 2025

Finance Minister Nirmala Sitharaman will present her 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which had been in use for decades for carrying Budget documents -- with a traditional 'bahi-khata' wrapped in red cloth.

GST collections indicate economic revival, say experts

GST collections indicate economic revival, say experts

Rediff.com1 Mar 2025

Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival. As per the official data released on Saturday, on a gross basis, mop up from Central GST stood at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore and compensation cess of Rs 13,868 crore.

India's fiscal deficit touches 74.5% of full year target at end-Jan

India's fiscal deficit touches 74.5% of full year target at end-Jan

Rediff.com28 Feb 2025

The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts (CGA) on Friday.

Taxes comprise 66 paise of every rupee in govt coffer

Taxes comprise 66 paise of every rupee in govt coffer

Rediff.com1 Feb 2025

For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents. Around 24 paise will come from borrowings and other liabilities, 9 paise from non-tax revenue like divestment, and 1 paise from non-debt capital receipts, the Budget documents said.

Sindhu's All England hopes dashed in opening round

Sindhu's All England hopes dashed in opening round

Rediff.com13 Mar 2025

India's top women's singles shuttler, PV Sindhu, suffered a disappointing first-round exit at the All England Open 2025, bowing out to South Korea's Kim Ga Eun in a hard-fought three-game match 21-19, 13-21, 13-21.

Europa PIX: Manchester Utd's roaring comeback stuns Lyon

Europa PIX: Manchester Utd's roaring comeback stuns Lyon

Rediff.com18 Apr 2025

A summary of Thursday's Europa League quarter-finals second-leg.

RBI cuts policy rate by 25 bps to 6.25%, first reduction in five years

RBI cuts policy rate by 25 bps to 6.25%, first reduction in five years

Rediff.com7 Feb 2025

The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy. The 25 basis points rate cut to 6.25 per cent comes after last rate reduction in May 2020. The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis points to 6.5 per cent.

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Rediff.com13 Nov 2024

Reliance Jio, the telecom business of the Mukesh Ambani-promoted conglomerate, is expected to go for an initial public offering (IPO) of over $6.25 billion either in the second or the third quarter of the calendar year 2025, sources said. Reliance Retail is likely to be listed around the same time with a short gap, it is learnt. The timing of the two IPOs, however, will depend on the company's assessment of the market conditions among other factors.

Manufacturing, mining pull down Q3 GDP growth to 6.2%

Manufacturing, mining pull down Q3 GDP growth to 6.2%

Rediff.com28 Feb 2025

India's economic growth rate decelerated to 6.2 per cent in the October-December quarter this fiscal, mainly due to poor performance by mining, manufacturing and all other sectors, with the exception of agriculture. However, on a sequential basis, the economic growth rate in the third quarter showed improvement over 5.6 per cent recorded in the second quarter.

2nd Test: Mathews rescues SL but Australia sniff victory

2nd Test: Mathews rescues SL but Australia sniff victory

Rediff.com8 Feb 2025

Dimuth Karunaratne's Test career ended in a whimper as Sri Lanka's most prolific Test opener fell caught behind to Kuhnemann after making 14.

PICS: Rohit, spinners star as India are champion of champions

PICS: Rohit, spinners star as India are champion of champions

Rediff.com10 Mar 2025

India's spinners were the key architects of the bowling performance. Varun Chakravarthy (2/45) and Kuldeep Yadav (2/40) were the standout performers, while Jadeja (1/30) and Axar Patel (0/29 in 8 overs) kept the pressure on with their economical spells.

Survey pegs India's FY25 GDP growth at 6.5-7%

Survey pegs India's FY25 GDP growth at 6.5-7%

Rediff.com22 Jul 2024

India's GDP is likely to grow at 6.5 to 7 per cent in the current fiscal year amid global challenges which may impact exports, said Economic Survey 2023-24 tabled in Parliament on Monday. The growth projected for 2024-25 is lower than the economic growth rate of 8.2 per cent estimated for the previous financial year. The Reserve Bank has projected the GDP growth for the fiscal year ending March 2025 at 7.2 per cent.

Gadecki and Peers triumph in all-Aussie battle

Gadecki and Peers triumph in all-Aussie battle

Rediff.com24 Jan 2025

Olivia Gadecki and John Peers battled back from a set down to defeat compatriots Kimberly Birrell and John-Patrick Smith

Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

Rediff.com29 Feb 2024

India's economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian economy recorded a growth of 8.4 per cent in the third quarter of this fiscal (October-December 2023), according to data released by the National Statistical Office (NSO) on Thursday.