News for 'Power Exchange India'

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 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.

Should Sebi be given such 'draconian' powers?

Should Sebi be given such 'draconian' powers?

Rediff.com10 Aug 2018

Interception of electronic communication should also be covered in the powers being sought, the report said.

Why cryptocurrencies will continue to grow in India

Why cryptocurrencies will continue to grow in India

Rediff.com6 Jan 2022

The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.

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.

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.

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.

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.

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.

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.

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

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.

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.

Gautam Thapar, three others banned from markets over CG Power fraud

Gautam Thapar, three others banned from markets over CG Power fraud

Rediff.com18 Sep 2019

Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.

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.

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.

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.

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.

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 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.

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.

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.

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.

Global trends, banking stocks help markets end in green

Global trends, banking stocks help markets end in green

Rediff.com23 Nov 2022

Equity benchmarks ended higher on Wednesday amid buying in banking counters and a firm trend in global markets. Continuing its previous day rally, the 30-share BSE Sensex climbed 91.62 points or 0.15 per cent to settle at 61,510.58. During the day, it jumped 361.94 points or 0.58 per cent to 61,780.90. The broader NSE Nifty gained 23.05 points or 0.13 per cent to end at 18,267.25.

'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.'

Losses in index majors drag Sensex, Nifty down

Losses in index majors drag Sensex, Nifty down

Rediff.com20 Jan 2023

From the Sensex pack, Hindustan Unilever, Asian Paints, Bajaj Finance, Nestle, Bajaj Finserv, Reliance Industries, Larsen & Toubro, Maruti, Infosys and Bharti Airtel were the major laggards.

FMC warns PXIL and its members

FMC warns PXIL and its members

Rediff.com28 Oct 2009

In what could hit trading on Power Exchange of India Ltd, the Forward Markets Commission has warned it to cease trading in contracts beyond 11 days of payment and delivery. The FMC has also advised traders to desist from trading such contracts on PXIL.

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.

Markets settle lower; Sensex falls for third day

Markets settle lower; Sensex falls for third day

Rediff.com6 Dec 2022

Benchmark indices ended the day in the negative territory on Tuesday amid weak global market trends and rising crude prices. Falling for the third day running, the 30-share BSE benchmark ended 208.24 points or 0.33 per cent lower at 62,626.36. During the day, it tumbled 444.53 points or 0.70 per cent to 62,390.07.

UK foreign secy raises BBC issue, Jaishankar bats it down

UK foreign secy raises BBC issue, Jaishankar bats it down

Rediff.com1 Mar 2023

All entities operating in India must fully comply with relevant laws, External Affairs Minister S Jaishankar Wednesday told his British counterpart James Cleverly, who raised the BBC tax surveys issue during a meeting with him.

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.

Markets settle on flat note; Sensex declines 34 points

Markets settle on flat note; Sensex declines 34 points

Rediff.com5 Dec 2022

Equity benchmark indices ended on a flat note on Monday, with the BSE Sensex falling nearly 34 points, recording its second day of decline after an eight-day rally. In a volatile trade, the 30-share BSE benchmark dipped 33.9 points or 0.05 per cent to settle at 62,834.60. During the day, it fell 360.62 points or 0.57 per cent to 62,507.88.

Markets in bear hug; Sensex ends down 326 points

Markets in bear hug; Sensex ends down 326 points

Rediff.com28 Feb 2023

From the Sensex pack, Reliance Industries fell the most by 2 per cent. Tata Steel, Bajaj Finserv, ITC, NTPC, Bharti Airtel, Tech Mahindra, Titan, Axis Bank and Bajaj Finance were among the other major laggards.

Sensex gains 235 points; Nifty nears 18K

Sensex gains 235 points; Nifty nears 18K

Rediff.com12 Apr 2023

Among the Sensex firms, Infosys, Tata Motors, HDFC Bank, Asian Paints, Tech Mahindra, HDFC, Tata Consultancy Services, Sun Pharma and ICICI Bank were the biggest winners. On the other hand, PowerGrid, NTPC, Nestle, UltraTech Cement, State Bank of India and ITC were among the laggards.

After 3 decades of waiting, India has a centre in Lumbini

After 3 decades of waiting, India has a centre in Lumbini

Rediff.com16 May 2022

Once completed, the Centre will be a world-class facility welcoming pilgrims and tourists from all over the world to enjoy the essence of spiritual aspects of Buddhism, projecting India's growing soft power.

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.

'We couldn't imagine this 15 years ago'

'We couldn't imagine this 15 years ago'

Rediff.com16 Jun 2023

'At the heart of the strategic relationship between our countries are economic ties.'

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.

'This isn't an irrational exuberance bubble'

'This isn't an irrational exuberance bubble'

Rediff.com1 Aug 2023

'Earnings will be the catalyst for markets to march higher from here on out.'