News for 'PEG'

Salute India's Greatest Sailor!

Salute India's Greatest Sailor!

Rediff.com29 Apr 2023

Retired from the Indian Navy, his passage in the Golden Globe Race wasn't easy. Although he kept himself in the basket of race leaders, the position revealed little of what he was actually enduring. Shyam Menon captures the drama of Abhilash Tomy's incredible solo voyage across the world.

Advertising slowdown likely to weigh on IPL this year

Advertising slowdown likely to weigh on IPL this year

Rediff.com23 Jan 2023

The 2023 edition of the Indian Premier League (IPL) will see Disney-Star and Viacom18 competing to sell their ad space with an eye on the estimated Rs 4,000-crore advertising money.

Parliament completes Budgetary exercise amid ruckus

Parliament completes Budgetary exercise amid ruckus

Rediff.com27 Mar 2023

First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.

Laal Singh Chaddha Is A Disaster, But...

Laal Singh Chaddha Is A Disaster, But...

Rediff.com23 Aug 2022

The Overseas collection for Laal Singh Chaddha is better than that of India.

All eyes will be on Mbappe as France take on England

All eyes will be on Mbappe as France take on England

Rediff.com8 Dec 2022

France hoping Mbappe will be enough to match England's impressive depth

Markets end on mixed note; Sensex climbs 158 points, Nifty dips

Markets end on mixed note; Sensex climbs 158 points, Nifty dips

Rediff.com1 Feb 2023

Equity benchmarks Sensex and Nifty ended on a mixed note on Wednesday as the euphoria about the Budget fizzled out, with investors going for profit-taking ahead of the Fed interest rate decision. The 30-share BSE benchmark Sensex climbed 158.18 points or 0.27 per cent to settle at 59,708.08 after it trimmed most of the intra-day gains. During the day, it had zoomed 1,223.54 points or 2 per cent to 60,773.44.

Why Consumers Are Denied Discounts From Russian Crude

Why Consumers Are Denied Discounts From Russian Crude

Rediff.com17 Mar 2023

Officials from State-run refiners contend that savings from purchase of Russian oil are used to offset a part of the losses in revenues from selling transport fuels and LPG at State-set rates.

After 3 years, direct tax collections surpass Budget estimates

After 3 years, direct tax collections surpass Budget estimates

Rediff.com1 Feb 2022

After a gap of three years, direct tax collections -- which include corporate tax and personal income tax -- have exceeded the Budget estimates for FY'22, indicating economic recovery.

Budget 2020: FY21 growth rate likely to be pegged at 6-6.5%

Budget 2020: FY21 growth rate likely to be pegged at 6-6.5%

Rediff.com6 Jan 2020

It is also likely to assume a deflator of around 4 per cent. That could take the nominal GDP outlook for FY21 to around 10 per cent. It is this nominal GDP forecast on the basis of which the finance ministry is calculating key Budget targets like the fiscal deficit as a percentage of GDP and tax revenue growth for the coming year.

'Brilliant businesses were not built on money, but on great ideas'

'Brilliant businesses were not built on money, but on great ideas'

Rediff.com6 Feb 2023

'People will say a lot of things -- ignore the noise.'

Budget Good 1st Act. RBI's Monetary Policy 2nd

Budget Good 1st Act. RBI's Monetary Policy 2nd

Rediff.com4 Feb 2023

Let's wait for the monetary policy on February 8 -- to see how it complements the fiscal commitments, points out Tamal Bandyopadhyay.

Will Modi Contest 2024 Elections From Vellore?

Will Modi Contest 2024 Elections From Vellore?

Rediff.com22 Jun 2023

Vellore is one of the two seats that the DMK alliance won by the narrowest of margins in 2019. For the DMK's vote-score to be so low in a constituency with a substantial Muslim population has not missed the BJP strategists' eyes, observes N Sathiya Moorthy.

Resul Pookutty calls RRR 'Gay love story'

Resul Pookutty calls RRR 'Gay love story'

Rediff.com5 Jul 2022

'I don't think @RRRMovie is a gay love story as you say, but even if it was, is 'gay love story' a bad thing? How can you justify using this? Extremely disappointed that someone of your accomplishments can stoop so low!'

PHOTOS: Clinical Australia beat India to clinch ODI series

PHOTOS: Clinical Australia beat India to clinch ODI series

Rediff.com22 Mar 2023

Images from the third ODI between India and Australia in Chennai on Wednesday.

Morgan Stanley pegs India's growth to 7.7%

Morgan Stanley pegs India's growth to 7.7%

Rediff.com18 Jul 2016

The upward revision is due to stronger-than-expected GDP numbers for the quarter ended March 2016.

Will India manage to grow at 6.8% in FY24?

Will India manage to grow at 6.8% in FY24?

Rediff.com22 Mar 2023

The external environment has worsened further. While the Finnish economy entered into a recession, Swedish economic growth also dipped. The Finnish gross domestic product (GDP) dropped 0.6 per cent in October-December, 2022. It was the second quarter of negative growth, which is a technical definition of recession.

PNB fraud is now pegged at Rs 12,717 crore

PNB fraud is now pegged at Rs 12,717 crore

Rediff.com27 Feb 2018

The jewellers and companies linked to Nirav Modi and Mehul Choksi had allegedly colluded with PNB officers to obtain fake bank guarantees to get loan from overseas branches of Indian banks including Allahabad Bank, Axis Bank and UCO Bank.

Capex tops India Inc's 2023 to-do list

Capex tops India Inc's 2023 to-do list

Rediff.com9 Jan 2023

Indian companies are planning to increase investments in the new year to expand capacity, acquire companies, and go on a hiring spree, a survey of top executives showed. They, however, cited rising costs, weak consumer demand, and increasing interest rates as major concerns for 2023 which may impact their plans.

Govt may take fresh look at BPCL privatisation

Govt may take fresh look at BPCL privatisation

Rediff.com21 Apr 2022

The government may take a fresh look at BPCL privatisation, including revising the terms of sale, an official said. "We need to go back to the drawing board on BPCL. "There are issues in terms of consortium formation, geopolitical situation and energy transition aspects," an official said. The government is selling its entire 52.98 per cent stake in BPCL for which three expressions of interest (EoIs), including one from billionaire Anil Agarwal-led Vedanta Group, have been received.

10th time running, RBI leaves key policy rates unchanged

10th time running, RBI leaves key policy rates unchanged

Rediff.com10 Feb 2022

The Reserve Bank of India on Thursday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance against the backdrop of an elevated level of inflation.

PIX: Barcelona continue winning run; Dortmund join Bayern at top

PIX: Barcelona continue winning run; Dortmund join Bayern at top

Rediff.com20 Feb 2023

Barcelona's Sergi Roberto and Robert Lewandowski struck just before halftime to give the league leaders a 2-0 home win over lowly Cadiz on Sunday in their pursuit of a 27th Spanish title.

India to receive record remittances but experts worry CAD will still widen

India to receive record remittances but experts worry CAD will still widen

Rediff.com30 Dec 2022

Of $90 billion remittances that India is expected to receive in 2022, only $27.4 billion has come in the first half of the year.

At 7.8%, RBI's 2022-23 GDP growth projection lower than Economic Survey's

At 7.8%, RBI's 2022-23 GDP growth projection lower than Economic Survey's

Rediff.com10 Feb 2022

The Reserve Bank's growth projection for next financial year is lower than 8-8.5 per cent projected by the finance ministry in the recent Economic Survey which was tabled in Parliament on January 31. Unveiling the bi-monthly policy, RBI governor Shaktikanta Das said, "Recovery in domestic economic activity is yet to be broad-based, as private consumption and contact-intensive services remain below pre-pandemic levels."

Ryan Burl bags 5 wickets as Zimbabwe shock Australia

Ryan Burl bags 5 wickets as Zimbabwe shock Australia

Rediff.com3 Sep 2022

Leg-spinner Ryan Burl picked up 5 for 10 in just three overs on Saturday as Zimbabwe stunned Australia in the third One-Day International in Townsville, registering an exciting three-wicket victory and denying the hosts a series clean-sweep.

All You Want To Know About Digital Rupee

All You Want To Know About Digital Rupee

Rediff.com4 Feb 2022

'The government will carefully regulate and monitor the Digital Rupee, and because the currency is supposed to be tied to INR or supported by reserves, we should expect little fluctuation in pricing.'

'More than a majority will shift to new tax regime'

'More than a majority will shift to new tax regime'

Rediff.com3 Feb 2023

'I believe the modified scheme is much more beneficial and simpler.'

India will become world's third largest economy by 2027-28: Panagariya

India will become world's third largest economy by 2027-28: Panagariya

Rediff.com2 Feb 2023

Eminent economist Arvind Panagariya has said India is on the cusp of returning to a high growth trajectory and voiced confidence that the country will become the world's third-largest economy by 2027-28. Currently, India is the fifth largest economy "so it's another five years.We are already in (the year) 2023. "So 2027-28, India should be the third-largest economy," Panagariya, Columbia University Professor and former Vice Chairman of NITI Aayog, told PTI in an interview in New York.

EPL PIX: City four points clear at top; Chelsea finally win!

EPL PIX: City four points clear at top; Chelsea finally win!

Rediff.com7 May 2023

Images from the English Premier League matches on Saturday.

India-Japan Trade: The Abe Effect

India-Japan Trade: The Abe Effect

Rediff.com21 Jul 2022

During Abe's tenure, Japan had announced support for a number of major projects. These included the bullet train project between Mumbai and Ahmedabad, besides allocations for a freight corridor between Mumbai and New Delhi.

Maharashtra stares at compulsory power cuts

Maharashtra stares at compulsory power cuts

Rediff.com12 Apr 2022

The "load shedding", which entails compulsory power cuts in select areas, will be carried out both in urban and rural areas, the Maharashtra State Electricity Distribution Company said in a statement.

Rubber Prices, The Church, BJP's Kerala Ambitions

Rubber Prices, The Church, BJP's Kerala Ambitions

Rediff.com10 Apr 2023

With elections elsewhere in India showing that multi-pronged contests usually work to the BJP's favour, the party can gain if it hangs on stubbornly. In the meantime, any additional support helps. That is why the archbishop's comment attracted political traction in Kerala, observes Shyam G Menon.

Piramal, Zurich Insurance to bid jointly for Reliance General Insurance

Piramal, Zurich Insurance to bid jointly for Reliance General Insurance

Rediff.com26 Sep 2022

The Piramal group and Zurich Insurance have decided to jointly bid for Reliance General Insurance, a subsidiary of Reliance Capital. The groups had earlier submitted separate bids for the general insurance business of bankrupt Reliance Capital. Both Piramal and Zurich will hold 50 per cent each in the proposed special purpose vehicle (SPV).

Axar takes India closer towards victory in first Test against Bangladesh

Axar takes India closer towards victory in first Test against Bangladesh

Rediff.com17 Dec 2022

Images from Day 4 of the first Test between Bangladesh and India, in Chottogram, on Saturday.

Adani stocks may escape MSCI 'extreme price increase' threshold

Adani stocks may escape MSCI 'extreme price increase' threshold

Rediff.com26 Apr 2021

While the stocks met various other inclusion parameters, there were fears they may still get disqualified given the sharp run up in their stock prices.

PHOTOS: Australia pegged back by India after steady start on Day 1

PHOTOS: Australia pegged back by India after steady start on Day 1

Rediff.com14 Dec 2018

IMAGES from Day 1 of the 2nd Test played at Optus Stadium in Perth on Friday

Gukesh, 16, youngest to beat World champion Carlsen

Gukesh, 16, youngest to beat World champion Carlsen

Rediff.com17 Oct 2022

Teenaged Indian Grandmaster D Gukesh upset Magnus Carlsen in the ninth round of the preliminary phase of the Aimchess Rapid online chess tournament, becoming the youngest to beat the World champion.

Chinese casualties in Galwan clash can't be disclosed: CIC

Chinese casualties in Galwan clash can't be disclosed: CIC

Rediff.com29 Jul 2022

The army refused to disclose the information saying it was third party information which cannot be shared under Section 8(1)(j) of the Act, which exempts from disclosure the information which is personal in nature.

3 Reasons Budget Stands Out!

3 Reasons Budget Stands Out!

Rediff.com2 Feb 2023

The finance minister has stayed true to her commitment to fiscal consolidation, even though the pace of the decline in the deficit could have been faster, notes A K Bhattacharya.

Smith, Labuschagne hundreds power Australia on Day 1

Smith, Labuschagne hundreds power Australia on Day 1

Rediff.com8 Jul 2022

Steve Smith ended his century drought and Marnus Labuschagne struck his first Test hundred abroad to steer Australia to 298/5 on day one of the second Test against Sri Lanka in Galle on Friday.

FinMin to kick-start Budget exercise from October 10

FinMin to kick-start Budget exercise from October 10

Rediff.com8 Sep 2022

The finance ministry will kick-start the exercise to prepare the annual Budget for 2023-24 from October 10, in the backdrop of revival of the Indian economy and fears of recession in developed countries. The budget for the next year will have to address critical issues of high inflation, job creation, boosting demand, and putting the economy on a sustained 8 per cent-plus growth path. On Wednesday, finance minister Nirmala Sitharaman said inflation is no longer "red-lettered" and the priority for the government now is job creation and boosting growth.