News for 'Power Exchange India'

Why Check and Balances Is Important In Finances

Why Check and Balances Is Important In Finances

Rediff.com28 Sep 2023

While managing their finances, individuals can make it a rule to seek advice from an expert or feedback from a trusted colleague or friend.

'Maun vrat on Manipur': Cong asks 3 questions to Modi

'Maun vrat on Manipur': Cong asks 3 questions to Modi

Rediff.com8 Aug 2023

As the lower house took up the motion moved by Gogoi, there were heated exchanges between the opposition and treasury benches after Parliamentary Affairs Minister Pralhad Joshi wondered why Rahul Gandhi's name as lead speaker was withdrawn at the last minute.

Sensex revisits 66K; Nifty surges 116 points

Sensex revisits 66K; Nifty surges 116 points

Rediff.com7 Sep 2023

From the Sensex pack, Larsen & Toubro jumped 4.26 per cent to emerge as the biggest gainer, followed by IndusInd Bank, Tech Mahindra, State Bank of India, HCL Technologies, Power Grid, NTPC, Axis Bank, Kotak Mahindra Bank, HDFC Bank and Wipro. Mahindra & Mahindra, Infosys, UltraTech Cement and Hindustan Unilever were the major laggards.

Sensex ends above historic 65k mark; Nifty settles at record 19,322

Sensex ends above historic 65k mark; Nifty settles at record 19,322

Rediff.com3 Jul 2023

From the Sensex pack, HDFC, HDFC Bank, Mahindra & Mahindra, UltraTech Cement, Tata Steel, Bajaj Finance, State Bank of India, Reliance Industries, Bajaj Finserv and ICICI Bank were the major gainers. Power Grid, Maruti, Tech Mahindra, IndusInd Bank, HCL Technologies and Axis Bank were among the laggards.

23-year wait ends! Bagan stun EB; seal Durand Cup triumph

23-year wait ends! Bagan stun EB; seal Durand Cup triumph

Rediff.com4 Sep 2023

Mohun Bagan beat East Bengal 1-0 to win Durand Cup title for first time after 23 years

Modi's visit will set the course for strategic ties: White House

Modi's visit will set the course for strategic ties: White House

Rediff.com21 Jun 2023

National Security Council Coordinator for Strategic Communications (NSCCSC) John Kirby on Tuesday told a press conference in Washington, DC: "India will be a critical strategic partner for the United States in the coming decades."

Sensex falls 223 points; FMCG, IT stocks drag

Sensex falls 223 points; FMCG, IT stocks drag

Rediff.com9 Jun 2023

Equity benchmark indices Sensex and Nifty stayed on the back foot for the second straight session on Friday as investors offloaded FMCG, IT and teck stocks amid a weak opening in European markets. Selling pressure in index heavyweight Reliance Industries also added to the weak trend in equities. The 30-share BSE Sensex fell 223.01 points or 0.35 per cent to settle at 62,625.63.

'My father was disappointed by Rahul Gandhi'

'My father was disappointed by Rahul Gandhi'

Rediff.com15 Dec 2023

'Politics is a game of public perception and my father felt that by his long disappearances, Rahul Gandhi was losing the battle of perception.'

Sensex declines 51 points; Nifty settles flat

Sensex declines 51 points; Nifty settles flat

Rediff.com12 Dec 2022

The Sensex ended over 51 points lower on Monday while the Nifty settled flat amid a weak trend in global markets and continuous foreign fund outflows. Markets are awaiting the November inflation data to be announced later in the day, traders said. The 30-share BSE Sensex declined 51.10 points or 0.08 per cent to settle at 62,130.57. During the day, it tumbled 505.52 points or 0.81 per cent to 61,676.15. The broader NSE Nifty ended at 18,497.15, marginally higher by 0.55 points.

Sensex rises 127 pts, Nifty nears 17k; RIL, Maruti shine

Sensex rises 127 pts, Nifty nears 17k; RIL, Maruti shine

Rediff.com27 Mar 2023

Among the Sensex firms, Reliance Industries, Maruti, Sun Pharma, State Bank of India, UltraTech Cement, Infosys, Kotak Mahindra Bank, Hindustan Unilever, ITC and HDFC Bank were the biggest gainers. Shares of Reliance Industries climbed 1.54 per cent, the most among the 30-share BSE constituents. Power Grid, Axis Bank, Mahindra & Mahindra and Tata Motors were among the major laggards.

Kaala Paani Review: Slow-Paced 'Thriller'

Kaala Paani Review: Slow-Paced 'Thriller'

Rediff.com19 Oct 2023

The earnestness of the actors keep Kaala Paani from drowning, observes Deepa Gahlot.

How India must deal with the all-powerful Xi Jinping

How India must deal with the all-powerful Xi Jinping

Rediff.com27 Feb 2018

'The boundary dispute notwithstanding, China has always had leaders who have been, on the whole, positively disposed towards India.' 'Given the centrality of the Chinese Communist Party, we need to strengthen the linkages with the crucial personalities in the highest echelons of the Communist party and political leadership,' notes China expert Alka Acharya.

HDFC, Infy, Kotak Bank rally to power Sensex by 478 pts

HDFC, Infy, Kotak Bank rally to power Sensex by 478 pts

Rediff.com8 Nov 2021

Equity benchmark Sensex rallied 478 points on Monday after gains in index majors HDFC, Infosys and Kotak Bank despite a negative trend in the global markets.

Markets end higher on foreign fund inflows; Sensex up 242 points

Markets end higher on foreign fund inflows; Sensex up 242 points

Rediff.com2 May 2023

From the Sensex firms, Tech Mahindra, NTPC, Tata Steel, Maruti, Infosys, Power Grid, Larsen & Toubro, Axis Bank, Titan, Reliance Industries, Wipro and Mahindra & Mahindra were the biggest gainers. Sun Pharma, UltraTech Cement, Tata Motors, Kotak Mahindra Bank, Bajaj Finance, State Bank of India and Nestle were among the laggards.

In a first, Sebi mulls rules for fractional ownership in real estate

In a first, Sebi mulls rules for fractional ownership in real estate

Rediff.com22 May 2023

The Securities and Exchange Board of India (Sebi) has for the first time proposed to regulate online platforms offering fractional ownership in real estate, a model already popular in countries like the United States and UAE. In a consultation paper floated recently, the capital markets regulator stated that such fractional ownership of real estate assets was proposed to be brought as MSM (micro, small, medium) REITs under Sebi (Real Estate Investment Trusts) Regulations. This model allows investors to own a fraction or a small share in a real estate asset like buildings and office spaces, which could include warehouses, shopping centres, conference centres.

Modi chairs 'fruitful' meeting of Council of Ministers amid reshuffle buzz

Modi chairs 'fruitful' meeting of Council of Ministers amid reshuffle buzz

Rediff.com3 Jul 2023

The meeting was held at the newly built convention centre at Pragati Maidan, which will host the G20 summit in September.

Reliance drives Sensex by over 200 points

Reliance drives Sensex by over 200 points

Rediff.com28 Oct 2022

Equity benchmarks ended higher on Friday helped by buying in index major Reliance Industries along with fresh foreign fund inflows. Extending its previous day's rally, the 30-share BSE benchmark climbed 203.01 points or 0.34 per cent to settle at 59,959.85. During the day, it jumped 376.33 points or 0.62 per cent to 60,133.17.

Major blow to Opposition unity as BJP resurges in Maharashtra

Major blow to Opposition unity as BJP resurges in Maharashtra

Rediff.com3 Jul 2023

The unexpected split in the Nationalist Congress Party set off a mini earthquake in not only Maharashtra politics but also sent aftershocks at a national level.

Sensex up 38 points; bank stocks shine

Sensex up 38 points; bank stocks shine

Rediff.com13 Apr 2023

Benchmark equity indices Sensex and Nifty ticked higher for the ninth straight session on Thursday, buoyed by fag-end buying in banking, financial and realty stocks amid encouraging domestic retail inflation data. Weak trends in IT counters and fall in the overnight US equity markets triggered by fresh concerns over recession, however, put a check on market's uptrend. In a largely subdued session, the 30-share BSE Sensex went up marginally by 38.23 points or 0.06 per cent to settle at 60,431.

Markets end in red; Sensex tanks 461 points

Markets end in red; Sensex tanks 461 points

Rediff.com16 Dec 2022

Equity benchmarks Sensex and Nifty declined nearly 1 per cent on Friday, in tandem with a weak trend in overseas markets amid hawkish tone of global central banks. The 30-share BSE Sensex fell 461.22 points or 0.75 per cent to settle at 61,337.81. During the day, it tumbled 506.5 points or 0.81 per cent to 61,292.53.

Sensational Sen seals Canada Open title

Sensational Sen seals Canada Open title

Rediff.com10 Jul 2023

Lakshya Sen dished out a badminton masterpiece to notch up his second BWF Super 500 title with a straight-game win over Li Shi Feng of China in the final.

World's 10 most powerful cities

World's 10 most powerful cities

Rediff.com4 Dec 2009

New York scores top marks for its economy as well as research and development, while London is judged to be the world's cultural capital. Paris is number one for livability and accessibility. Geneva, Zurich and Vienna are praised for their ecology and natural environment.

US backs India, angry with my Russia visit, says Imran Khan

US backs India, angry with my Russia visit, says Imran Khan

Rediff.com1 Apr 2022

He said as per the US, India was a sovereign state, so "what are we then?" he asked.

Field testing started for fuel-agnostic engines

Field testing started for fuel-agnostic engines

Rediff.com19 Jan 2023

Cummins India will soon start producing fuel-agnostic engine systems at the Tata-Cummins plant in Phaltan in Satara district of Maharashtra, senior officials at Cummins India said. The firm will start limited production by the end of 2023 and mass production will likely begin by 2024, the officials said.

MPs spar over Maharashtra upheaval during no-trust motion

MPs spar over Maharashtra upheaval during no-trust motion

Rediff.com8 Aug 2023

Shinde, participating in a discussion on the no-confidence motion in the Lok Sabha, took a jibe at the opposition coalition Indian National Develomental Inclusive Alliance (INDIA) describing it as a 'destructive alliance' and said the next elections will be fought on the issue of scams of the United Progressive Alliance and schemes of the National Democratic Alliance.

Govt relaxes FDI norms in airlines, retail, construction

Govt relaxes FDI norms in airlines, retail, construction

Rediff.com10 Jan 2018

The decision would help provide ease of doing business and also lead to larger FDI inflows contributing to growth of investment, income and employment.

Purchase of 30 MQ-9B drones okayed, to be announced after Modi-Biden talks

Purchase of 30 MQ-9B drones okayed, to be announced after Modi-Biden talks

Rediff.com16 Jun 2023

The defence ministry on Thursday accorded its approval to procure 30 MQ-9B Predator drones from the US to crank up the surveillance apparatus of the armed forces, especially along the frontier with China, people familiar with the development said.

Markets retreat from record highs; Sensex falls 216 pts

Markets retreat from record highs; Sensex falls 216 pts

Rediff.com19 Jun 2023

Kotak Mahindra Bank was the biggest loser from the Sensex pack, skidding 1.83 per cent, followed by Axis Bank, NTPC, Hindustan Unilever, ICICI Bank, Bharti Airtel, Reliance Industries, HCL Technologies, IndusInd Bank and Nestle. In contrast, Bajaj Finance, Bajaj Finserv, Tech Mahindra, Tata Consultancy Services, Titan, Infosys, HDFC Bank, HDFC and ITC were the gainers.

Markets end in red; Sensex sheds 139 points in volatile trade

Markets end in red; Sensex sheds 139 points in volatile trade

Rediff.com23 Feb 2023

In the Sensex pack, Asian Paints, Larsen & Toubro, Titan, IndusInd Bank, Bharti Airtel, Power Grid, Bajaj Finserv, Infosys, HDFC Bank and HDFC were the major laggards. On the other hand, Axis Bank, Tata Motors, ITC, State Bank of India, Tata Steel and Sun Pharma were among the gainers.

More than skin-deep: Nifty Next 50 complexion to get a shade of difference

More than skin-deep: Nifty Next 50 complexion to get a shade of difference

Rediff.com12 Jun 2023

The National Stock Exchange (NSE) Nifty Next 50 Index could undergo large-scale changes if the proposed tweaks to its computation methodology get implemented. In a discussion paper floated recently, NSE Indices, which owns and manages a portfolio of over 350 indices under the Nifty brand, proposed that only stocks that are traded in the futures and options (F&O) segment can be part of the index. Currently, as many as 11 non-F&O stocks are part of the Nifty Next 50 Index, which, as the name suggests, represents the next rung of large and liquid securities after the Nifty50.

Lumbini as backdrop for Modi-Deuba meet, India-Nepal sign 6 MoUs

Lumbini as backdrop for Modi-Deuba meet, India-Nepal sign 6 MoUs

Rediff.com16 May 2022

Modi and Deuba discussed ways to strengthen ongoing cooperation and develop new areas in the multifaceted bilateral partnership.

Sensex climbs 349 points; Nifty nears 18K

Sensex climbs 349 points; Nifty nears 18K

Rediff.com27 Apr 2023

From the Sensex firms, Bajaj Finance, Bajaj Finserv, Infosys, Bharti Airtel, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, ITC, Tech Mahindra, Tata Steel, Tata Motors, Titan, Reliance Industries and Nestle were the major winners. Hindustan Unilever, Power Grid, Axis Bank, Tata Consultancy Services, State Bank of India, Asian Paints and Wipro were the laggards.

Markets crash: Investors' wealth falls by Rs 3.46 lakh cr

Markets crash: Investors' wealth falls by Rs 3.46 lakh cr

Rediff.com2 Aug 2023

Investors' wealth eroded by Rs 3.46 lakh crore on Wednesday as equity markets took a sharp tumble amid weak global trends and foreign fund outflows. The 30-share BSE Sensex fell by 676.53 points or 1.02 per cent to settle at 65,782.78. During the day, it plunged 1,027.63 points or 1.54 per cent to 65,431.68. In line with the weak trend in equities, the market capitalisation of BSE-listed firms eroded by Rs 3,46,947.54 crore to Rs 3,03,33,258.69 crore.

Did Sebi suppress important facts on Adani stock manipulation?

Did Sebi suppress important facts on Adani stock manipulation?

Rediff.com11 Sep 2023

Market regulator Sebi suppressed important facts from the Supreme Court and "slept over" Directorate of Revenue Intelligence's letter on alleged stock manipulation by the Adani firms, one of the PIL petitioners in the Adani-Hindenburg row has alleged in the top court in an affidavit. The apex court is seized of four PILs on the Adani-Hindenburg controversy including those by lawyers M L Sharma and Vishal Tiwari, Congress leader Jaya Thakur and law student Anamika Jaiswal. On August 25, SEBI had informed the apex court it has completed the probe in all but two allegations against the Adani group, and is still awaiting information from five tax havens on the actual owners behind the foreign entities that have invested in the conglomerate.

World Badminton Championships: Satwik-Chirag, Treesa-Gayatri move into last 16

World Badminton Championships: Satwik-Chirag, Treesa-Gayatri move into last 16

Rediff.com23 Aug 2023

Treesa committed a few errors but the Indian duo still managed to keep its nose ahead, despite the fighting Taiwanese pair.

Isha, Akash, Anant Ambani appointed to Reliance board

Isha, Akash, Anant Ambani appointed to Reliance board

Rediff.com28 Aug 2023

Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.

Govt, Oppn spar over who did more for space mission

Govt, Oppn spar over who did more for space mission

Rediff.com21 Sep 2023

During the day-long debate, the lines between science and religion often got blurred with many invoking religious texts and the contribution of 'rishi munis' to highlight India's tryst with the extra-terrestrial world.

RIL, banking stocks drag Sensex down 632 points

RIL, banking stocks drag Sensex down 632 points

Rediff.com10 Jan 2023

From the Sensex pack, Bharti Airtel, State Bank of India, HDFC Bank, UltraTech Cement, Bajaj Finance, HDFC, NTPC, ITC, Reliance Industries, Tech Mahindra, ICICI Bank and Tata Consultancy Services were the major laggards. Tata Motors, Power Grid, Tata Steel, Hindustan Unilever, IndusInd Bank and Mahindra & Mahindra were among the winners from the 30-share pack.

'India provides hospitable environment for FDI'

'India provides hospitable environment for FDI'

Rediff.com3 Jan 2014

Towards the close of 2013, the finance ministry approved the proposal of UK-based Tesco to invest $110 million in opening up of multi-brand retail stores in the country in partnership with Tata Group firm Trent.

Is It Time To Invest In Silver?

Is It Time To Invest In Silver?

Rediff.com17 May 2023

The rally in silver may continue if the global economic recovery remains on course.