News for 'PEG'

'Rs 1.7 trillion may be GST average collection next FY'

'Rs 1.7 trillion may be GST average collection next FY'

Rediff.com18 Feb 2024

'We crossed Rs 1.7 trillion in three months this financial year.'

Euro: Bellingham steals the show in England's win over Serbia

Euro: Bellingham steals the show in England's win over Serbia

Rediff.com17 Jun 2024

Bellingham, who became the first European player to make an appearance at three major international tournaments before turning 21, looked nothing like a 20-year-old.

Jarry stuns Paul, sets up Italian Open final against Zverev

Jarry stuns Paul, sets up Italian Open final against Zverev

Rediff.com18 May 2024

Chilean 21st seed Nicolas Jarry outclassed American Tommy Paul 6-3, 6-7(3), 6-3 to reach the Italian Open on Friday as former champion Alexander Zverev recovered from a slow start to beat Chilean Alejandro Tabilo 1-6, 7-6(4), 6-2.

Aid for Maldives cut, Bhutan gets largest share from MEA pie

Aid for Maldives cut, Bhutan gets largest share from MEA pie

Rediff.com1 Feb 2024

In line with India's 'Neighbourhood First' policy, the largest share of aid portfolio has been granted to Bhutan with the allocation of Rs 2,068 crore.

Amid volatility retail investor confidence unshaken

Amid volatility retail investor confidence unshaken

Rediff.com12 Jun 2024

The spike in volatility, amid election uncertainty, has done little to dent the confidence of retail investors, shows demat account addition and equity mutual fund (MF) investment data. In May, investors opened a net 3.6 million demat accounts, taking the total to 158 million. MF data released on Monday pegged the net inflows into equity schemes and SIP investments at new record highs of Rs 34,697 crore and Rs 20,904 crore, respectively.

Budget focuses on jobs and skilling, keeping 2 allies happy

Budget focuses on jobs and skilling, keeping 2 allies happy

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.

Kargil@25: Lessons Learnt

Kargil@25: Lessons Learnt

Rediff.com26 Jul 2024

India's tactical and operational response demonstrated its ability to prosecute tri-service operations, even without a formal tri-service doctrine or the higher command structure needed to coordinate it, points out Ajai Shukla.

Govt pegs fiscal deficit at 6.8% in FY22

Govt pegs fiscal deficit at 6.8% in FY22

Rediff.com1 Feb 2021

Finance Minister Nirmala Sitharaman on Monday said the government estimates fiscal deficit of 6.8 per cent of the gross domestic product (GDP) in the next financial year beginning April 1. However, the fiscal deficit in 2020-21 is estimated to soar up to 9.5 per cent due to rise in expenditure on account of the outbreak of COVID-19 and moderation in revenue during this fiscal year.

Strong prospects already priced in for Crompton Greaves after Q4 results

Strong prospects already priced in for Crompton Greaves after Q4 results

Rediff.com21 Jun 2024

Good results for the January-March quarter (Q4) of FY24 and strong seasonal demand have led to strong investor interest in Crompton Greaves (CG) Consumer Electricals which is hitting new highs. While there's bullish consensus on the company's future performance, the stock has gained over 40 per cent in the last six months and valuations may become stretched. The Q4FY24 revenue rose 9.5 per cent YoY to Rs 1,960 crore.

Recipe: Refreshing Lemon Iced Tea

Recipe: Refreshing Lemon Iced Tea

Rediff.com15 Apr 2024

Prepare a batch of Lemon Iced Tea. Keep sipping it through the day. Add a tot of liquor to convert to a cocktail.

Excise policy: ED attaches assets worth Rs 115 cr of 2 approvers

Excise policy: ED attaches assets worth Rs 115 cr of 2 approvers

Rediff.com4 Jun 2024

The agency made the disclosure in a chargesheet filed by it on May 10 against former Telangana chief minister and Bharat Rashtra Samithi leader K Chandrashekar Rao's MLC daughter K Kavitha and four others.

BEWARE Of Such Scams!

BEWARE Of Such Scams!

Rediff.com29 Jul 2024

What is digital house arrest? It is a tactic cybercriminals use to confine victims to their homes and scam them, explains Tamal Bandyopadhyay.

Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil

Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil

Rediff.com24 Apr 2024

The Indian IT services sector is staring at a second consecutive year of muted revenue growth due to modest increase in tech spends in Europe and the US, a domestic rating agency said on Wednesday. Crisil Ratings said it expects the sector to grow at 5-7 per cent in FY25, after a growth of 6 per cent estimated to have been achieved in FY24. The overall industry size is pegged at $250 billion and it creates over 50 lakh direct jobs.

Top 6 Auto Brands Sold 92% Cars

Top 6 Auto Brands Sold 92% Cars

Rediff.com10 May 2024

The top six auto brands are: Maruti Suzuki, Hyundai, Tata Motors, Toyota, Kia and Mahindra & Mahindra.

Budget hikes defence budget by 4.72%, focuses on 'deep tech'

Budget hikes defence budget by 4.72%, focuses on 'deep tech'

Rediff.com1 Feb 2024

The defence budget was on Thursday increased to Rs 6.21 lakh crore for 2024-25 in a modest hike of 4.72 per cent from last year's allocation of Rs 5.25 lakh crore amid India's continuing border row with China in eastern Ladakh as well as concerns over evolving security situation in the strategic waterways.

Shiv Nadar most generous Indian for second year in a row

Shiv Nadar most generous Indian for second year in a row

Rediff.com2 Nov 2023

IT major HCL Technologies' Shiv Nadar has retained his position as the 'most generous Indian' in 2023 as well, with a 76 per cent jump in his donations at Rs 2,042 crore. Wipro's Azim Premji's donations zoomed by 267 per cent to Rs 1,774 crore during the same year, according to the Edelgive Hurun India Philanthropy List 2023 released on Thursday. Richest Indian Mukesh Ambani donated Rs 376 crore in the year, which is an 8 per cent decline.

Can Uday Shankar Recreate At Reliance-Disney What He Did In Star TV?

Can Uday Shankar Recreate At Reliance-Disney What He Did In Star TV?

Rediff.com11 Mar 2024

'The whole narrative will change from TV is dying to TV-plus-digital is the future.'

India-made chips may soon power iPhones

India-made chips may soon power iPhones

Rediff.com26 Apr 2024

Micron Technology, a global leader in memory and storage, is considering supplying Made-in-India chips from its Gujarat plant to one of its key global clients, Apple, whose vendors assemble iPhones in the country. Micron is setting up an assembly test marking and packaging (ATMP) plant in Sanand, Gujarat. Currently, Apple vendors import chips for manufacturing iPhones. Sources in the know say the aim is to use part of the production to supply to Micron's clients in India directly.

Apple Sales In India Up to 67,000 Cr

Apple Sales In India Up to 67,000 Cr

Rediff.com16 Jul 2024

Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.

Govt seeks Parl nod for additional Rs 2 lakh cr spend

Govt seeks Parl nod for additional Rs 2 lakh cr spend

Rediff.com5 Feb 2024

The supplementary demands for grants include a gross additional spending of over Rs 2 lakh crore, which would be matched by savings of over Rs 1.21 lakh crore.

Deal valuations weigh on Apollo Hospitals stock

Deal valuations weigh on Apollo Hospitals stock

Rediff.com9 May 2024

The stock of Apollo Hospitals Enterprise (AHEL), India's largest listed health care services company, fell 4.6 per cent on Monday (April 29) and slipped another 0.34 per cent to close at Rs 5,946.20 on Tuesday (April 30). The share declined due to a lower valuation for subsidiary Apollo HealthCo (AHL) and an aggressive valuation for Keimed, a promoter-owned drug wholesaler that is merging with AHL.

PIX: De Kock, bowlers help South Africa sink England

PIX: De Kock, bowlers help South Africa sink England

Rediff.com22 Jun 2024

Images from the T20 World Cup Super 8s Group 2 match between South Africa and England at Gros Islet, St Lucia, on Friday.

SC seeks Centre's stand on plea against marital rape exception

SC seeks Centre's stand on plea against marital rape exception

Rediff.com17 May 2024

Under the exception given in Section 375 of the IPC, sexual intercourse or sexual acts by a man with his wife, the wife not being minor, is not rape.

The Lamborghini theory of India's consumption patterns

The Lamborghini theory of India's consumption patterns

Rediff.com14 Mar 2024

Lamborghini has sold 10,112 cars worldwide -- so India's 100 is certainly a big deal for them. But how big a deal is it for us to peg our consumption theories around, asks Rama Bijapurkar.

Voda Idea plans to raise about Rs 45,000 cr via equity, debt

Voda Idea plans to raise about Rs 45,000 cr via equity, debt

Rediff.com27 Feb 2024

Vodafone Idea board on Tuesday approved a fund-raise of up to Rs 20,000 crore through a combination of equity and equity-linked instruments, the crisis-ridden telco said, adding promoters will also participate in the proposed equity raise. Overall, Vodafone Idea plans to raise around Rs 45,000 crore through a mix of equity and debt, the company said. The company has been fighting a desperate battle for survival -- it has a debt of Rs 2.1 lakh crore and is reporting quarterly losses, amid massive subscriber churn.

M&M's growth engines roar to life, launches to drive gains

M&M's growth engines roar to life, launches to drive gains

Rediff.com13 May 2024

The stock of Mahindra & Mahindra (M&M) has been touching successive all-time highs on the bourses and, over the past year, gained 81 per cent. While the S&P BSE Auto Index has not performed poorly, registering gains of 73 per cent, it still trails the company by 800 basis points (bps) during this period. There are multiple reasons why investors are beating a path to M&M's counter.

Probe an eyewash: HC acquits ex-BJP MP in RTI activist's murder case

Probe an eyewash: HC acquits ex-BJP MP in RTI activist's murder case

Rediff.com7 May 2024

Observing that the trial court conducted proceedings with a "predetermined notion of conviction", a division bench of Justices AS Supehia and Vimal K Vyas quashed the CBI court's order sentencing Solanki and the six others to life imprisonment.

Election May Spike Sales Surge

Election May Spike Sales Surge

Rediff.com30 Mar 2024

'During the scorching summer months of election season, largescale outdoor gatherings create a prime opportunity for increased consumption in the packaged drinking water category.'

Japanese investment giant SoftBank may partially exit Ola, Swiggy, FirstCry

Japanese investment giant SoftBank may partially exit Ola, Swiggy, FirstCry

Rediff.com18 Nov 2023

Japanese investment giant SoftBank is looking to partially exit from three startups which are aiming at an IPO next year - Ola Electric, Swiggy and First Cry. But its decision will depend on the size of the offer for sale pool in each of the companies. According to sources aware of the strategy, Softbank invested over $850 million collectively in these companies whose value conservatively would go up more than 4.3 times to around $3.7 billion, based on preliminary estimates of their projected valuation when they go public next year.

Hockey: India wrap up campaign with win over Ireland

Hockey: India wrap up campaign with win over Ireland

Rediff.com21 Dec 2023

Indian women wrapped up their campaign in the 5-Nation hockey tournament with a feisty 2-1 win over Ireland in Valencia on Thursday.

National camp for senior wrestlers to begin after trials: WFI

National camp for senior wrestlers to begin after trials: WFI

Rediff.com29 Feb 2024

The Wrestling Federation of India (WFI) is gearing up for the senior National camp after almost 15 months with Delhi likely to replace Patiala as the venue because of the ongoing farmers' protest.

In a first, India's demat tally surges past 150 million mark in March

In a first, India's demat tally surges past 150 million mark in March

Rediff.com8 Apr 2024

The number of dematerialised (demat) accounts - required to hold shares and other securities in electronics format - crossed the 150-million mark for the first time in March. In March, 3.12 million new demat accounts were added despite a spike in market volatility, taking the total count to 151.4 million. The milestone has come 19 months after the total number of demat accounts hit the 100-million mark, a sign that more domestic households are taking to direct equity investing.

PHOTOS: Flawless India outwit USA

PHOTOS: Flawless India outwit USA

Rediff.com9 Feb 2024

Indian women produced a flawless effort to outwit United States 3-1 and end this leg of the Hockey Pro League on a winning note in Bhubaneswar on Friday.

Where Does Superstar Vijay Go From Here?

Where Does Superstar Vijay Go From Here?

Rediff.com2 Jul 2024

A new entrant, whether a popular actor or not, has not been able to sweep the polls, as their fans had hoped for. Given a proven pattern, it should hold true for Vijay as well. Or, something drastically has to happen between now and 2026, asserts N Sathiya Moorthy.

Wrestling restarts, elections get fair, wrestlers get a voice

Wrestling restarts, elections get fair, wrestlers get a voice

Rediff.com20 Mar 2024

The WFI will resume national camp from March 27, after after almost 16 months with Sonepat and Gandhinagar in Gujarat to be the likely venues for men and women respectively.

Rs 47.66 lakh cr: Size of Sitharaman's sixth budget

Rs 47.66 lakh cr: Size of Sitharaman's sixth budget

Rediff.com1 Feb 2024

The size of Budget 2024-25 has increased 6.1 per cent to Rs 47.66 lakh crore because of the rise in expenditure and higher allocation for capital expenditure and social sector schemes.

Historic! India women stun Japan; enter Badminton Asia Team final

Historic! India women stun Japan; enter Badminton Asia Team final

Rediff.com17 Feb 2024

Indian women shuttlers' progressed to their first-ever final at the Badminton Asia Team Championships after edging out two-time former champions Japan 3-2.

Key highlights of Modi govt's pre-poll budget

Key highlights of Modi govt's pre-poll budget

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday presented her sixth Budget in a row, equalling the record of former Prime Minister Morarji Desai.

PBKS Vs RR: Who Bowled Best? VOTE!

PBKS Vs RR: Who Bowled Best? VOTE!

Rediff.com14 Apr 2024

Rabada, Boult or Maharaj? Who is your pick?

How Kuldeep, Ashwin sent England crashing on Day 1

How Kuldeep, Ashwin sent England crashing on Day 1

Rediff.com7 Mar 2024

Kuldeep Yadav wrecked England's top order and fellow spinner Ravichandran Ashwin polished off the tail to bundle out England in just over two sessions.