News for 'PEG'

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

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.

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.

Survey pegs 2024 economic growth at 6.5%

Survey pegs 2024 economic growth at 6.5%

Rediff.com31 Jan 2023

India's economy is projected to slow to 6.5 per cent in the fiscal year starting April but will remain the fastest growing major economy in the world as it fared better in dealing with the extraordinary set of challenges the globe has faced, the Economic Survey 2022-23 said on Tuesday. India's gross domestic product (GDP) growth of 6.5 per cent in 2023-24 compares with an estimated 7 per cent expansion in current fiscal year (April 2022 to March 2023) and 8.7 per cent in the previous year. Like the rest of the world, India too faced an extraordinary set of challenges in tightening financial conditions and supply chain disruptions from a prolonged war in Europe but "withstood them better than most economies", the annual document detailing the state of the economy said.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

Royals' Pretorius shines on SA20 debut

Royals' Pretorius shines on SA20 debut

Rediff.com11 Jan 2025

Durban's Super Giants pip Pretoria Capitals

'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.'

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.

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.

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.

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.

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.

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.

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.

'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.'

GDP Growth Disappoints: Is There Hope?

GDP Growth Disappoints: Is There Hope?

Rediff.com8 Jan 2025

Headline growth was quite weak heading into the Covid period but averaged 6.4 per cent and 6.7 per cent in the five years between FY16 and FY20 for GVA and GDP respectively, points out Abhishek Upadhyay.

How to get more bang for the buck out of field agents

How to get more bang for the buck out of field agents

Rediff.com23 Jan 2025

Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?

Swiggy seeks valuation of $11.3 bn; IPO to open on Wednesday

Swiggy seeks valuation of $11.3 bn; IPO to open on Wednesday

Rediff.com5 Nov 2024

Food delivery and quick-commerce major Swiggy, which is coming out with its initial public offering (IPO) on Wednesday, is seeking a valuation of about $11.3 billion. The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will comprise a fresh issue of shares worth Rs 4,499 crore along with an offer for sale (OFS) of Rs 6,828 crore. Swiggy has set a price band of Rs 371 to Rs 390 per share for its maiden public issue.

Exercise Caution When Investing In Stocks With High P/E

Exercise Caution When Investing In Stocks With High P/E

Rediff.com22 May 2024

'Sectors like e-commerce, small finance, housing finance, and healthcare are in great favour, and people are paying a PEG ratio of up to 5, which is dangerous.' 'Wealth destruction is inevitable.'

Hyundai's IPO subscribed 2.37 times on final day

Hyundai's IPO subscribed 2.37 times on final day

Rediff.com17 Oct 2024

The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, got subscribed 2.37 times on the third day of the bidding on Thursday, helped by institutional buyers. This is the largest IPO in the country, surpassing LIC's initial share sale of Rs 21,000 crore. The Rs 27,870 crore initial share sale got bids for 23,63,26,937 shares against 9,97,69,810 shares on offer, translating into 2.37 times subscription, as per NSE data.

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

Rediff.com8 Dec 2024

The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.

Budget: Nirmalaji's Huge Rural Sector Challenge

Budget: Nirmalaji's Huge Rural Sector Challenge

Rediff.com20 Jul 2024

Alloting more funds for MNREGA and PM-KISAN could wipe out the entire additional money that the Centre may have for FY25.

I'll stop singing songs on alcohol if...: Diljit Dosanjh

I'll stop singing songs on alcohol if...: Diljit Dosanjh

Rediff.com18 Nov 2024

Diljit's songs, such as Patiala Pegg and Panchatara, were specifically mentioned in the complaint.