News for 'PEG'

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.

RBI pegs inflation at 4.5% for FY25

RBI pegs inflation at 4.5% for FY25

Rediff.com5 Apr 2024

The Reserve Bank on Friday retained inflation projection at 4.5 per cent for the current financial year, lower than 5.4 per cent in the last fiscal. Assuming a normal monsoon this year, CPI (consumer price index-based) inflation for the current year is projected at 4.5 per cent, with Q1 at 4.9 per cent, Q2 at 3.8 per cent, Q3 at 4.6 per cent, and Q4 at 4.5 per cent.

USAID Funding To India Declines Amid Trump's Freeze

USAID Funding To India Declines Amid Trump's Freeze

Rediff.com13 Feb 2025

'If the Bill and Melinda Gates Foundation cuts funds, there could be more impact.'

Diljit's Chandigarh concert: 'Songs on alcohol' forbidden

Diljit's Chandigarh concert: 'Songs on alcohol' forbidden

Rediff.com12 Dec 2024

Chandigarh Commission for Protection of Child Rights (CCPCR) has advised singer-actor Diljit Dosanjh, set to perform in Chandigarh on Saturday, to refrain from singing alcohol-themed songs during his live show, citing their adverse impact on children of impressionable age.

ISL: Jamshedpur edge past Punjab to go into Top 3

ISL: Jamshedpur edge past Punjab to go into Top 3

Rediff.com28 Jan 2025

Punjab FC will face Bengaluru FC next on February 1, while Jamshedpur FC will host FC Goa on February 2.

Deloitte pegs India's FY25 GDP growth at 6.6%

Deloitte pegs India's FY25 GDP growth at 6.6%

Rediff.com26 Apr 2024

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.

Rookie's mistake, Haaland's heroics: City's comeback story

Rookie's mistake, Haaland's heroics: City's comeback story

Rediff.com26 Jan 2025

Manchester City bounced back after conceding an early goal to beat Chelsea 3-1 on Saturday

Unbeaten at home! MBSG crush FC Goa to set ISL record

Unbeaten at home! MBSG crush FC Goa to set ISL record

Rediff.com8 Mar 2025

Mohun Bagan Super Giant remain unbeaten at home with a 2-0 win over FC Goa

HIL: Soorma down Bengal Tigers to book semis spot

HIL: Soorma down Bengal Tigers to book semis spot

Rediff.com29 Jan 2025

Gurjant Singh (10th minute) gave Soorma the lead early in the game while Jugraj Singh (56th) equalised for the Tigers towards the end.

Why Wayanad's Landslide Survivors Are Protesting

Why Wayanad's Landslide Survivors Are Protesting

Rediff.com27 Mar 2025

In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.

India's pace of debt reduction leaves room for downside risk

India's pace of debt reduction leaves room for downside risk

Rediff.com3 Feb 2025

Fitch Ratings on Monday said India's pace of debt reduction is gradual, leaving room for a downside risk to sovereign rating in the eventuality of a significant economic shock. However, the rating agency expressed confidence in India's ability to stick to its medium-term fiscal framework, which aims to reduce debt and bring it on a downward trajectory over time.

Budget 2025: More credit for farmers, 6 new schemes announced

Budget 2025: More credit for farmers, 6 new schemes announced

Rediff.com1 Feb 2025

In a significant policy shift aimed at boosting agri-productivity and rural prosperity, Finance Minister Nirmala Sitharaman on Saturday announced six new agricultural schemes while increasing the subsidised Kisan Credit Card loan limit to Rs 5 lakh from the existing Rs 3 lakh, benefiting 7.7 crore farmers, fishermen, and dairy farmers.

Markets settle lower after RBI policy; Sensex sheds 109 points

Markets settle lower after RBI policy; Sensex sheds 109 points

Rediff.com7 Feb 2025

State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.

Crypto assets can negatively impact financial stability, says RBI report

Crypto assets can negatively impact financial stability, says RBI report

Rediff.com31 Dec 2024

Widespread use of crypto assets, including stablecoins, can have a negative impact on the macroeconomic and financial stability of a country, the Reserve Bank of India (RBI) said on Monday. In its Financial Stability Report (FSR), the banking regulator highlighted that excessive use of crypto assets can reduce effectiveness of monetary policy, worsen fiscal risks, circumvent capital flow management measures, divert resources available for financing the real economy and threaten global financial stability.

Budget should cut taxes to boost consumption: Barclays

Budget should cut taxes to boost consumption: Barclays

Rediff.com23 Jan 2025

The government in FY26 Budget should announce an "effective" personal income tax cut to support consumption and demand, Barclays said on Thursday. In its FY25-26 Union Budget preview, Barclays said the key ask from the Budget, to be presented on February 1, is to support growth while adhering to fiscal consolidation path.

Cyberfraud Thrives On Fear!

Cyberfraud Thrives On Fear!

Rediff.com29 Jan 2025

The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.

Fiscal deficit for FY25 estimated to be 4.9%: FM

Fiscal deficit for FY25 estimated to be 4.9%: FM

Rediff.com23 Jul 2024

Union Finance Minister Nirmala Sitharaman on Tuesday said the fiscal deficit for 2024-25 is estimated at 4.9 per cent of GDP.

US sanctions may cut off India's access to Russian crude oil

US sanctions may cut off India's access to Russian crude oil

Rediff.com15 Jan 2025

India is preoccupied with analysing the US sanctions, which may cut off India's access to discounted Russian crude and force it to buy at market prices.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

Champions Trophy: Can India overcome these 3 threats?

Champions Trophy: Can India overcome these 3 threats?

Rediff.com14 Feb 2025

India's pace talisman Jasprit Bumrah's absence will certainly hurt India, but the team's quality batting and spin bowling make them title contenders alongside South Africa and Pakistan in the Champions Trophy.

Sensex, Nifty end flat in highly volatile trade

Sensex, Nifty end flat in highly volatile trade

Rediff.com1 Feb 2025

From the 30-share blue-chip pack, Zomato surged over 7 per cent. Maruti, ITC Hotels, ITC, Mahindra & Mahindra, Asian Paints, Titan and IndusInd Bank were among the biggest gainers. Power Grid, Larsen & Toubro, NTPC, UltraTech Cement, HCL Tech, Tech Mahindra, Infosys and Adani Ports were among the laggards.

Telcos seek easing of 'stringent quality of service' norms

Telcos seek easing of 'stringent quality of service' norms

Rediff.com10 Jan 2025

Continuing to push back against the stringent quality of service (QoS) norms brought in by the Telecom Regulatory Authority of India (Trai), telcos have informed the Department of Telecommunications (DoT) that collection and submission of monthly and site-to-cell-level data should be eased, officials and industry sources said. In place since October last year, the QoS norms call for data for network availability, call drop, voice packet drop rate in uplink and downlink, among other parameters, to be collected at the cell level.

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Rediff.com26 Dec 2024

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.

Q2 GDP is pegged at 5.8%

Q2 GDP is pegged at 5.8%

Rediff.com28 Nov 2022

Citing a weak manufacturing sector coupled with the steep margin compression, SBI Research has pencilled in the country's GDP growth for the second quarter at 5.8 per cent, down 30 basis points from average estimates. The government will release the official numbers on November 30. In a report on Monday, SBI Research headed by Soumya Kanti Ghosh said corporate results, operating profit of companies, excluding banking and financial sector, degrew by 14 per cent in Q2FY23 as against 35 per cent growth in Q2FY22, though the top line continued to grow at a healthier pace.

Despite Sanctions, India's Russian Oil Imports Surge

Despite Sanctions, India's Russian Oil Imports Surge

Rediff.com1 Feb 2025

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.

'Bull Market Has Ended'

'Bull Market Has Ended'

Rediff.com6 Mar 2025

'The bull market cycle ran for five years. It's the end of that cycle.' 'The next cycle is a down cycle, and in that down cycle, you will see the Sensex falling from their highs of around 68,000 to maybe 40,000-50,000 at the bottom of the cycle.'

PSG, Juve, Dortmund take UCL playoff leads in style

PSG, Juve, Dortmund take UCL playoff leads in style

Rediff.com12 Feb 2025

Paris St Germain seized control of their Champions League playoff with a commanding 3-0 first-leg win at Brest on Tuesday, driven by a brace from forward Ousmane Dembele.

Bernstein pegs RIL's stake in retail arm at $111 billion

Bernstein pegs RIL's stake in retail arm at $111 billion

Rediff.com26 May 2023

Global investment management firm Bernstein has pegged the enterprise valuation of Reliance Industries (RIL)'s 85 per cent stake in Reliance Retail at $111 billion, while valuing the Mukesh Ambani-led company's 66.5 per cent stake in telecom and digital platform arm Reliance Jio at $88 billion. Reliance Industries had earlier planned to list both its subsidiaries to unlock value for its shareholders but hadn't fixed any timeline. The report said that Reliance Retail had raised $6 billion by diluting a 10.1 per cent stake, while Jio Platforms raised $20 billion from investors by selling 33 per cent in 2020.

Will Sitharaman's Debt-GDP vs Fiscal Deficit Gamble Pay Off?

Will Sitharaman's Debt-GDP vs Fiscal Deficit Gamble Pay Off?

Rediff.com21 Feb 2025

Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings.

One nation, one poll: In 2015, EC pegged cost of EVMs at Rs 9,300 cr

One nation, one poll: In 2015, EC pegged cost of EVMs at Rs 9,300 cr

Rediff.com3 Sep 2023

The Election Commission had pegged the cost of procuring additional Electronic Voting Machines and paper-trail machines for holding synchronised Lok Sabha and assembly polls at nearly Rs 9,300 crore.

Jannik Sinner is Australian Open CHAMPION

Jannik Sinner is Australian Open CHAMPION

Rediff.com26 Jan 2025

Jannik Sinner retained his Australian Open title with an emphatic 6-3, 7-6(4), 6-3 win over Alexander Zverev on Sunday

Trump Turns Up At Lit Fests All Over!

Trump Turns Up At Lit Fests All Over!

Rediff.com15 Feb 2025

The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.

99 And Seven Decimal Points

99 And Seven Decimal Points

Rediff.com11 Mar 2025

'Does 99 percent guarantee character and capacity for an independent awareness of life or does it make you -- barring exceptions -- a compliant careerist beholden to governments and corporations?' 'What kind of political and social choices would such minds make?' asks Shyam G Menon.

Rarh Bengal Tigers roar to victory, lift HIL trophy

Rarh Bengal Tigers roar to victory, lift HIL trophy

Rediff.com1 Feb 2025

Shrachi Rarh Bengal Tigers emerged victorious in the men's Hockey India League, securing the title with a thrilling 4-3 win over Hyderabad Toofans in the summit clash.

Royals' Pretorius shines on SA20 debut

Royals' Pretorius shines on SA20 debut

Rediff.com11 Jan 2025

Durban's Super Giants pip Pretoria Capitals

Exit polls: Cong to wrest Haryana from BJP; NC-Cong ahead in JK

Exit polls: Cong to wrest Haryana from BJP; NC-Cong ahead in JK

Rediff.com5 Oct 2024

The results of the assembly elections will be announced on October 8.

The defence Budget for this year is...

The defence Budget for this year is...

Rediff.com1 Feb 2025

Under capital expenditure, Rs 48,614 crore has been set aside for aircraft and aero engines while Rs 24,390 crore has been allocated for the naval fleet.

ISL: Punjab shock Bengaluru in 5-goal thriller

ISL: Punjab shock Bengaluru in 5-goal thriller

Rediff.com1 Feb 2025

Punjab FC ended their seven-game winless streak in the Indian Super League (ISL) with a thrilling 3-2 victory over Bengaluru FC.

Banks post sixth year of profit growth in FY24, bad loans decline further

Banks post sixth year of profit growth in FY24, bad loans decline further

Rediff.com27 Dec 2024

Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India's (RBI's) annual publication "Trends and Progress of Banking in India", released on Thursday. "Banks' profitability rose for the sixth consecutive year in 2023-24 and continued to rise in H1:2024-25 with the return on assets (RoA) at 1.4 per cent and return on equity (RoE) at 14.6 per cent," the report said.

'Kohli Will Play For 3, 4 Years. Rohit?'

'Kohli Will Play For 3, 4 Years. Rohit?'

Rediff.com30 Dec 2024

'It's not really up to Rohit Sharma.' 'The chairman of selectors has the power to do what's best for Indian cricket, so it's not so much about Rohit himself deciding what should be the future.'