News for 'PEG'

PIX: Osasuna stun Barcelona; Bayern-Leverkusen draw

PIX: Osasuna stun Barcelona; Bayern-Leverkusen draw

Rediff.com29 Sep 2024

Croatian forward Ante Budimir scored twice to help Osasuna earn a shock 4-2 home win over leaders Barcelona.

Budget balanced, takes care of all segments: FM in Rajya Sabha

Budget balanced, takes care of all segments: FM in Rajya Sabha

Rediff.com31 Jul 2024

Finance Minister Nirmala Sitharaman on Wednesday said the Union Budget strikes a fine balance between growth, employment, and fiscal consolidation, and promotes cooperative federalism. Replying to the discussion on the Union Budget 2024-25 and Union Territory of Jammu and Kashmir Budget in Rajya Sabha, the minister said the government is on track to achieve the pre-announced fiscal deficit target of 4.5 per cent by 2025-26. Sitharaman, also a former defence minister, said the Agniveer Scheme to recruit people in the age group of 17.5 to 21 years, is aimed at keeping the armed forces fit, young and battle-ready.

Bengal train crash: Signal was defective since 5.50 am

Bengal train crash: Signal was defective since 5.50 am

Rediff.com17 Jun 2024

The Railway Board in its initial statement said that the driver of the goods train violated the signal.

Key numbers to watch out for in Sitharaman's 7th Budget

Key numbers to watch out for in Sitharaman's 7th Budget

Rediff.com23 Jul 2024

All eyes will be on whether Sitharaman provides the much-expected tax relief for the middle class, leaving more money in their hands, as there is tax buoyancy

DC pacer Salam reprimanded

DC pacer Salam reprimanded

Rediff.com25 Apr 2024

Rasikh shone with the ball in DC's narrow win on Wednesday, finishing with figures of 3/44 from four overs, taking the important wickets of B Sai Sudarshan, Shahrukh Khan and R Sai Kishore.

Highway Spending May Rise 10%

Highway Spending May Rise 10%

Rediff.com24 Jun 2024

'With new projects and recently awarded projects kicking in, capital expenditure should only increase going forward.'

Net direct tax collection surpasses RE in FY24; corp tax receipts a miss

Net direct tax collection surpasses RE in FY24; corp tax receipts a miss

Rediff.com22 Apr 2024

Direct tax collection, net of refunds, moderately exceeded the revised estimates (RE) for the financial year 2023-24 (FY24) on the back of personal income tax revenues, but corporation tax receipts fell short of the RE. Net direct tax collection stood at Rs 19.58 trillion in FY24, surpassing the RE of Rs 19.45 trillion by Rs 13,000 crore, or 0.7 per cent. The government had revised up FY24 projections for personal income tax by 13.5 per cent over the Budget estimates (BE) of Rs 9 trillion, at Rs 10.22 trillion.

WazirX Breach: 'Recovering Stolen Crypto Is Hard'

WazirX Breach: 'Recovering Stolen Crypto Is Hard'

Rediff.com22 Jul 2024

'A lot of them are converted to other tokens, and since crypto is dealt with internationally, it can go to any exchange in any country.'

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.

Robust FY25 outlook to sustain Marico gains

Robust FY25 outlook to sustain Marico gains

Rediff.com19 Jul 2024

From its recent lows, the stock of consumer major Marico is up 7 per cent on the back of a better-than-expected June quarter performance and robust outlook. In a pre-quarter update, the management indicated that domestic volume growth should witness an improvement in FY25, while other segments (growth portfolio, international business) too would see traction going ahead. The near-term trigger is strong sales and operating performance for Q1FY25.

FIH Pro League: Indian women's hockey team lose 0-3 to Argentina

FIH Pro League: Indian women's hockey team lose 0-3 to Argentina

Rediff.com26 May 2024

The Indian women's hockey team continued its winless streak in the Belgium leg of the FIH Pro League, slumping to 0-3 defeat against Argentina in Antwerp on Sunday.

Protests Hit Retail Ahead of Durga Puja

Protests Hit Retail Ahead of Durga Puja

Rediff.com7 Sep 2024

West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.

How Much Do Indians Spend On Weddings?

How Much Do Indians Spend On Weddings?

Rediff.com22 Jul 2024

An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation).

PIX: Watkins late strike fires England into Euro final

PIX: Watkins late strike fires England into Euro final

Rediff.com11 Jul 2024

Images from the Euro 2024 semi-final between the Netherlands and England, at Dortmund BVB Stadion, Germany, on Wednesday.

'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.'

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.

T20 World Cup: Stoinis shines as Australia crush Oman

T20 World Cup: Stoinis shines as Australia crush Oman

Rediff.com6 Jun 2024

David Warner and all-rounder Marcus Stoinis scored half-centuries as 2021 champions Australia opened their account in the T20 World Cup with a 39-run win against Oman.

EPL PIX: Wins for Liverpool, Chelsea and Spurs

EPL PIX: Wins for Liverpool, Chelsea and Spurs

Rediff.com22 Sep 2024

IMAGES from the Premier League matches played on Saturday.

Plan Your Wedding Expenses Early

Plan Your Wedding Expenses Early

Rediff.com2 Aug 2024

'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.