News for 'Power Surge'

Greatest Sin In Indian Politics Is Overconfidence

Greatest Sin In Indian Politics Is Overconfidence

Rediff.com20 Feb 2024

The BJP will enter this election, as it does every election, as if it is fighting to prevent a 2004-style defeat. This is a party that wins big because it always behaves as if its back is to the wall, predicts Mihir S Sharma.

Farmer's to get a bird's eye view: IFFCO to purchase 2,500 agri drones

Farmer's to get a bird's eye view: IFFCO to purchase 2,500 agri drones

Rediff.com5 Jul 2023

At a time when climate change poses significant challenges and the need for sustainable and efficient farming practices has never been more critical, unmanned aerial vehicles (UAVs) allow farmers to gain a bird's-eye view of their crops from ground level. Drones have become a new force in precision agriculture, helping increase productivity while prioritising sustainability and resilience. Fertiliser major IFFCO is exploring this very transformative power of technology in agriculture.

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

Rediff.com6 Dec 2023

The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.

Hybrid vehicles take lead in realm of eco-friendly mobility solutions

Hybrid vehicles take lead in realm of eco-friendly mobility solutions

Rediff.com17 Oct 2023

At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the Ministry of Road Transport and Highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.

Sensex, Nifty rally around 1% on strong macro data

Sensex, Nifty rally around 1% on strong macro data

Rediff.com1 Sep 2023

JSW Steel (3.37 per cent), Tata Steel (3.33 per cent), Maruti (3.24 per cent), Power Grid (3.07 per cent), IndusInd Bank (2.95 per cent), Bajaj Finance (2.12 per cent) and Tech Mahindra (2.22 per cent) were among major gainers. On the other hand, Ultratech Cement, Sun Pharma, Nestle and L&T were the losers.

India a $4 trillion economy? No official word yet

India a $4 trillion economy? No official word yet

Rediff.com19 Nov 2023

Billionaire Gautam Adani to two Union Ministers and Maharashtra Deputy Chief Minister Devendra Fadnavis among others on Sunday hailed India crossing $4 trillion mark though there was no official confirmation if the country has achieved the landmark. The finance ministry and the National Statistical Office did not immediately comment on the viral social media post on India's GDP crossing $4 trillion. Highly placed sources said that the viral news was incorrect and India was still shy of that landmark.

Higher oil prices threaten India Inc's profit margins

Higher oil prices threaten India Inc's profit margins

Rediff.com4 Oct 2023

The recent surge in crude oil prices could shave off the gains made by India Inc in profit margins in the past few quarters. Worse, it comes at a time when consumer demand in the country is slipping and major global economies are witnessing a slowdown. A back-of-the-envelope calculation suggests that the margin expansion accounted for three-fourths of the rise in the listed firms' operating profit between the April-June quarter (Q1) of FY23 and Q1FY24, and only a quarter of profits gains came from revenue growth.

India's biggest challenge is inclusive growth: Chandrasekaran

India's biggest challenge is inclusive growth: Chandrasekaran

Rediff.com18 Dec 2023

All the global transitions are working in India's favour, giving it the potential to become a force in today's uncertain world, but one of the country's biggest challenges is inclusive growth, Tata Sons chairman N Chandrasekaran said on Monday. In his address at the JRD Tata Oration, the head of the Tata group also asserted that Artificial Intelligence (AI) is here to stay and it will be beneficial if India prepares for it. Post the cold war era of relative stability and prosperity, the world appears to have given way to unpredictable conflicts and economic uncertainty, he said, adding that the pandemic resulted in supply chain shocks of gigantic proportion.

Erratic rains: Electricity prices surge

Erratic rains: Electricity prices surge

Rediff.com21 Jul 2010

The UI rate is a variable depending on the grid frequency.

RBI keeps interest rates unchanged in hawkish policy

RBI keeps interest rates unchanged in hawkish policy

Rediff.com10 Aug 2023

The Reserve Bank of India on Thursday decided to keep policy rate unchanged for third time in a row as it maintains heightened vigil on inflation. The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022.

Beckenbauer, the icon of German sporting success

Beckenbauer, the icon of German sporting success

Rediff.com9 Jan 2024

Franz Beckenbauer was for decades synonymous with Germany's success on the pitch, as player and then coach.

After two-day selloff, Sensex surges 497 pts at close

After two-day selloff, Sensex surges 497 pts at close

Rediff.com21 Dec 2021

HCL Tech was the top gainer in the Sensex pack, rising around 3 per cent, followed by Tech Mahindra, Tata Steel, Wipro, NTPC and Titan. Nifty advanced 187.05 points to 16,801.25.

15 electrocuted to death at Namami Gange site in U'khand

15 electrocuted to death at Namami Gange site in U'khand

Rediff.com19 Jul 2023

The dead included three police inspectors and three home guards, the official said.

Be Warned: Restarting Stalled Vehicle In Flooded Area Magnifies Damage

Be Warned: Restarting Stalled Vehicle In Flooded Area Magnifies Damage

Rediff.com26 Dec 2023

'Exit the car and call for your vehicle to be towed.'

Meet Cricket's Young New Millionaires

Meet Cricket's Young New Millionaires

Rediff.com20 Dec 2023

Meet Sameer Rizvi, Kumar Kushagra, Shubham Dubey and Robin Minze.

AFC Cup: Odisha FC down Mohun Bagan in goal fest

AFC Cup: Odisha FC down Mohun Bagan in goal fest

Rediff.com27 Nov 2023

AFC Cup tie moved to neutral venue after Australia denies Myanmar club visas

Modi Or Manmohan? Who Travelled More?

Modi Or Manmohan? Who Travelled More?

Rediff.com27 Feb 2024

While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.

Revanth Reddy: From ABVP member to Cong CM contender

Revanth Reddy: From ABVP member to Cong CM contender

Rediff.com3 Dec 2023

Reddy faced the biggest challenge of his political life in 2015 when he was allegedly caught on camera trying to bribe a nominated MLA to vote in favour of the TDP in a legislative council election.

India's Sputnik V decision a win for Russia's soft power diplomacy

India's Sputnik V decision a win for Russia's soft power diplomacy

Rediff.com20 Apr 2021

The Russian vaccine has been registered in more than 55 countries and is gaining recognition in the virtual world -- being the only to have its own Facebook page, YouTube channel and a Twitter handle, reports Aneesh Phadnis

Israel-Hamas conflict: India's hope of respite in oil prices dashed

Israel-Hamas conflict: India's hope of respite in oil prices dashed

Rediff.com17 Oct 2023

The ongoing Hamas-Israel conflict has disrupted India's efforts to gain from a recent fall in crude oil prices. Since Hamas' invasion of southern Israel on October 7, petroleum has become costlier by around $5 per barrel, threatening to stoke prices and impact growth. Brent crude was trading at $89.8 per barrel on October 9 (9.15 pm IST), up over 4 per cent, thwarting India's anticipation of a period of declining oil prices - after the leading global petroleum benchmark declined by around 11 per cent last week.

'Rajiv is not to be blamed, but Congress is to be blamed'

'Rajiv is not to be blamed, but Congress is to be blamed'

Rediff.com20 Jan 2024

Mani Shankar Aiyar says the Congress party and not then prime minister Rajiv Gandhi was responsible for unlocking the Babri Masjid gates and claimed that the "Bharatiya Janata Party-planted" Arun Nehru was behind it.

PSUs in fast lane on capex push, top 10 shares nearly double

PSUs in fast lane on capex push, top 10 shares nearly double

Rediff.com14 Sep 2023

Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the benchmark S&P BSE Sensex.

Udaan, 'Bharat ka e-commerce' see huge surge in business

Udaan, 'Bharat ka e-commerce' see huge surge in business

Rediff.com31 Mar 2021

Categories such as lifestyle, food and electronics accounted for over 1,350 sellers across the country last year.

10 Job Skills That Will Rule 2024

10 Job Skills That Will Rule 2024

Rediff.com2 Jan 2024

Cultivate a thirst for knowledge, explore online courses, attend workshops and network with peers. Embrace opportunities to learn new skills and stay updated about industry trends to remain relevant and future-proof your career, advises Manu Saigal, director-general, staffing, Adecco India.

Wimbledon PIX: Jabeur ends Elena's title defence; Sabalenka ousts Keys

Wimbledon PIX: Jabeur ends Elena's title defence; Sabalenka ousts Keys

Rediff.com12 Jul 2023

Ons Jabeur gained revenge for her defeat in last year's final when she surged back to beat third-seeded defending champion Kazakh Elena Rybakina.

Sensex overcomes Omicron fear; surges 1,016 points at close

Sensex overcomes Omicron fear; surges 1,016 points at close

Rediff.com8 Dec 2021

Bajaj Finance was the top gainer in the Sensex pack, rising around 4 per cent, followed by Maruti, SBI, Bajaj Finserv, Sun Pharma and Asian Paints. NSE Nifty rallied 293.05 points to 17,469.75.

Poverty in India eased in '21, but was above '18 level: World Bank data

Poverty in India eased in '21, but was above '18 level: World Bank data

Rediff.com19 Oct 2023

Extreme poverty in India declined by 38 million in 2021 to 167.49 million after a surge in the two preceding years, but remained above the 2018 level, the latest World Bank data shows. While for most countries poverty rose in 2020, when the Covid-19 pandemic hit the global economy, the data shows poverty shot up in India a year earlier in 2019 to 176.09 million from 151.79 million in 2018, the lowest pre-pandemic count. India's poverty rate at 11.9 per cent in 2021 also remained higher than the 2018 level of 11.09 per cent, though easing from 14.72 per cent in 2020.

Did Rajiv Gandhi Open Babri Masjid's Locks?

Did Rajiv Gandhi Open Babri Masjid's Locks?

Rediff.com16 Jan 2024

A revealing excerpt from Mani Shankar Aiyar's fascinating new book, The Rajiv I Knew.

BSE, CDSL, KFin Tech: Rally in exchange-related stocks may halt, say analysts

BSE, CDSL, KFin Tech: Rally in exchange-related stocks may halt, say analysts

Rediff.com1 Dec 2023

Swift gains on Dalal Street this year have also led to a sharp surge in shares of equity market intermediaries like depositories, exchanges, and registrar and transfer Agents (RTAs). The stock prices of BSE, CDSL, CAMS, and KFin Technologies are up 24-283 per cent so far in 2023 when compared to a 9 per cent rise in the benchmark Nifty index. With the market buoyancy expected to keep up the pace, analysts believe these stocks are a good long-term bet despite the sharp rally, which can trigger an intermittent correction.

Shinde's Maratha Reservation Dilemma

Shinde's Maratha Reservation Dilemma

Rediff.com23 Dec 2023

Any move of the present government to appease the Marathas may boomerang. Eknath Shinde is a worried man with the agitation not having an easy solution, notes Ramesh Menon.

Pak suicide blast toll rises to 54; police launch hunt to nab perpetrators

Pak suicide blast toll rises to 54; police launch hunt to nab perpetrators

Rediff.com31 Jul 2023

The police also said that an initial probe has suggested that the banned terrorist group Islamic State of Iraq and Syria is behind the suicide attack that injured over 100 people in Khar, the capital of Bajaur tribal district.

Investors turn richer by Rs 81.90 lakh crore in 2023

Investors turn richer by Rs 81.90 lakh crore in 2023

Rediff.com29 Dec 2023

In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.

Poised to enter Gaza, IDF says it's ready for 'anything and everything'

Poised to enter Gaza, IDF says it's ready for 'anything and everything'

Rediff.com21 Oct 2023

Amid escalating tensions in its ongoing war with Hamas, Israel is making strategic preparations for an imminent ground invasion as part of its mission to eliminate the persistent threat posed by the Hamas terrorist organisation.

Industrial production rises marginally to 5.6% in Feb

Industrial production rises marginally to 5.6% in Feb

Rediff.com12 Apr 2023

India's industrial production growth rose marginally to 5.6 per cent in February from 5.5 per cent in January 2023, mainly due to good performance of the power, mining and manufacturing sectors, according to official data released on Wednesday. There was an improvement on an annual as well as sequential basis. The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 1.2 per cent in February 2022.

Odd-even on anvil as Delhi's air quality dips close to 'severe plus'

Odd-even on anvil as Delhi's air quality dips close to 'severe plus'

Rediff.com17 Nov 2023

An improvement in the wind speed November 21 onwards might bring air pollution levels down.

2036 Olympics: Coming Out Party For India

2036 Olympics: Coming Out Party For India

Rediff.com14 Nov 2023

If Ahmedabad is India's preferred candidate, as seems likely, hosting Olympics 2036 should give it a leg up: A bigger airport, a better metro network, more hotels, flyovers and so on, observes T N Ninan.

India's smartphone sales surge to 44 mn in 2013

India's smartphone sales surge to 44 mn in 2013

Rediff.com26 Feb 2014

Smartphone shipments stood at 16.2 million in 2012.

Vivek Ramaswamy 'will pardon peaceful Jan 6 protesters'

Vivek Ramaswamy 'will pardon peaceful Jan 6 protesters'

Rediff.com7 Sep 2023

Republican presidential candidate Vivek Ramaswamy has vowed that he will pardon all peaceful January 6 protesters if he gets elected as the next United States president in 2024.

Is The Golden Decade For Indian Markets Over?

Is The Golden Decade For Indian Markets Over?

Rediff.com18 Jan 2024

Have the markets already played out their dynamics before the economy has even properly taken off? Are we now destined for a period of mediocre returns despite a strong economy? asks Akash Prakash.

Why Did Biden Spurn R-Day Invite?

Why Did Biden Spurn R-Day Invite?

Rediff.com15 Dec 2023

Biden is not risking his reputation in a crucial election year, argues Ambassador M K Bhadrakumar.