News for 'Power Surge'

Sensex edges higher on gains in auto, energy stocks

Sensex edges higher on gains in auto, energy stocks

Rediff.com17 Jan 2022

Ultratech Cement was the top gainer in the Sensex pack, surging nearly 3 per cent, followed by M&M, Maruti, Tata Steel, TCS, L&T, SBI and HUL. NSE Nifty advanced 52.35 points to 18,308.10.

2022 was the 5th warmest year on record, says NASA

2022 was the 5th warmest year on record, says NASA

Rediff.com17 Jan 2023

"This warming trend is alarming," said NASA Administrator Bill Nelson.

Buzz: Watson slams BBL's rule changes

Buzz: Watson slams BBL's rule changes

Rediff.com18 Nov 2020

Munaf Patel joins Kandy Tuskers in LPL; Sarfaraz pulls out, Malinga unsure

'India is China's prime military target'

'India is China's prime military target'

Rediff.com2 Jan 2023

'On the LAC, China can undertake military action at any place with much fewer resources. It can do 'salami slicing'.'

Markets end in green; Sensex gains 740 points

Markets end in green; Sensex gains 740 points

Rediff.com30 Mar 2022

Benchmark equity indices Sensex and Nifty rallied for a third day in a row on Wednesday on buying in Reliance Industries, Infosys, HDFC twins and ICICI Bank following gains in global equities amid hopes of a breakthrough in Russia-Ukraine peace talks. The 30-share BSE barometer index surged 740.34 points or 1.28 per cent to settle at 58,683.99. During the day, it jumped 784.13 points or 1.35 per cent to 58,727.78. Similarly, the broader NSE Nifty climbed 172.95 points or 1 per cent to settle at 17,498.25. Among the 30-share pack, Bajaj Finserv, Mahindra & Mahindra, Bajaj Finance, Power Grid, HDFC, ICICI Bank, Nestle, Maruti, Reliance Industries Limited were among the lead gainers. On the other hand, ITC, Tata Steel, Tech Mahindra, Bharti Airtel and Titan were among the laggards.

Tamil Nadu, Kerala lead surge in financial inclusion

Tamil Nadu, Kerala lead surge in financial inclusion

Rediff.com17 Jul 2015

South leads; North-East at bottom but moves ahead, finds out the IndiaSpend Team

Twin blows: Inflation rises to 7.4%, factory output shrinks

Twin blows: Inflation rises to 7.4%, factory output shrinks

Rediff.com12 Oct 2022

In twin blows to Indian economic revival, higher food prices drove retail inflation to a five-month high of 7.4 per cent while factory output fell for the first time in 18 months. The second consecutive month of rise in consumer price index (CPI)-based inflation will add to the pressure on the Reserve Bank of India (RBI) to again raise interest rates to tame high prices. Inflation has been above the targeted zone for the ninth month in a row and as per statute, the RBI will now have to explain to the government in writing why it failed to keep prices below 6 per cent.

PIX: Juventus draw with Sevilla; Roma, Basel win

PIX: Juventus draw with Sevilla; Roma, Basel win

Rediff.com12 May 2023

Images from the Europa League semi-final first leg matches on Thursday.

Market stages sharp recovery; Sensex rebounds 642 pts

Market stages sharp recovery; Sensex rebounds 642 pts

Rediff.com19 Mar 2021

NTPC was the top gainer in the Sensex pack, rallying over 4 per cent, followed by HUL, PowerGrid, Reliance Industries, ITC, UltraTech Cement and Bajaj Finance. NSE Nifty surged 186.15 points to finish at 14,744.

Sensex rallies 380 pts led by gains in index majors

Sensex rallies 380 pts led by gains in index majors

Rediff.com26 May 2021

Bajaj Finserv was the top gainer in the Sensex pack, jumping nearly 5 per cent, followed by Bajaj Finance, Infosys, M&M, Maruti and HDFC. NSE Nifty surged 93 points to 15,301.45.

Investors poorer by over Rs 4.65 lakh cr as markets go into tailspin

Investors poorer by over Rs 4.65 lakh cr as markets go into tailspin

Rediff.com17 Dec 2021

Investors' wealth on Friday tumbled by over Rs 4.65 lakh crore as markets suffered a heavy selloff following weak global trends and continued selling by foreign institutional investors. The 30-share BSE benchmark Sensex plunged 889.40 points or 1.54 per cent to close at 57,011.74. During the day, it tumbled 950.16 points to 56,950.98. The market capitalisation of BSE-listed companies declined by Rs 465,570.82 crore to Rs 2,59,37,277.66 crore amid weak sentiments.

L&T, Infy, TCS drag Sensex down 372 points

L&T, Infy, TCS drag Sensex down 372 points

Rediff.com18 Nov 2021

Equity benchmark Sensex tanked 372 points on Thursday, tracking losses in index majors L&T, Infosys and TCS amid a negative trend in global markets. The 30-share index ended 372.32 points or 0.62 per cent lower at 59,636.01. Similarly, the NSE Nifty fell 133.85 points or 0.75 per cent to 17,764.80.

Selling in banking, auto shares pull BSE, NSE down by over 1%

Selling in banking, auto shares pull BSE, NSE down by over 1%

Rediff.com3 Oct 2022

Key stock indices Sensex and Nifty declined over 1 per cent at close on Monday due to heavy selling in banking, auto and FMCG shares amid weak global market trends and continued foreign fund outflows. Reversing its previous session's gains, benchmark BSE Sensex tumbled 638.11 points or 1.11 per cent to settle at 56,788.81. During the day, it tanked 743.52 points or 1.29 per cent to 56,683.40. The broader NSE Nifty fell by 207 points or 1.21 per cent to end at 16,887.35 as 42 of its constituents declined.

D-Street ends on a high; Sensex rallies 1,040 points

D-Street ends on a high; Sensex rallies 1,040 points

Rediff.com16 Mar 2022

Ultratech Cement was the top gainer in the Sensex pack, spurting nearly 5 per cent, followed by Axis Bank, IndusInd Bank, HDFC, Bajaj Finserv, Infosys and Bajaj Finance.

6 years after DeMo: Cash is still the king, circulation up 83%

6 years after DeMo: Cash is still the king, circulation up 83%

Rediff.com2 Jan 2023

Demonetisation of the high value currency notes of Rs 500 and Rs 1,000 did not have any discernible impact on currency in circulation (CIC) in the country, which has soared by almost 83 per cent since its announcement on November 8, 2016. The Supreme Court on Monday upheld the decision of the government on demonetisation. On November 8, 2016 Prime Minister Narendra Modi had announced demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money flows.

Sensex rallies over 300 points to hit fresh peak

Sensex rallies over 300 points to hit fresh peak

Rediff.com17 Nov 2020

Tata Steel was the top gainer among the Sensex constituents, surging around 6 per cent, followed by SBI, HDFC Bank, Bajaj Finance, Axis Bank, LT, Maruti, IndusInd Bank and HDFC. NSE Nifty touched a fresh intra-day high of 12,934.05.

Sensex, Nifty race to over 1-week high amid global stock rally

Sensex, Nifty race to over 1-week high amid global stock rally

Rediff.com28 Dec 2021

The 30-share BSE Sensex surged by 477.24 points or 0.83 per cent to close at more than one-week high of 57,897.48. As many as 28 of its constituents closed with gains while two declined. The broad-based Nifty of the National Stock Exchange rose by 147.20 points or 0.86 per cent to settle 17,233.45, tracking gains in Sun Pharma, Asian Paints, and Reliance Industries.

Markets end flat amid volatility; Tata Power slumps 7.5%

Markets end flat amid volatility; Tata Power slumps 7.5%

Rediff.com5 Feb 2015

The 30-share Sensex ended down 32 points at 28,851 and the 50-share Nifty closed 12 points lower at 8,712.

Industrial production grows 29.3% in May owing to low base effect

Industrial production grows 29.3% in May owing to low base effect

Rediff.com12 Jul 2021

Mining output climbed 23.3 per cent and power generation increased 7.5 per cent in May. The IIP had contracted 33.4 per cent in May 2020. Industrial production has been hit due to the coronavirus pandemic since March last year when it had contracted 18.7 per cent. It shrank 57.3 per cent in April 2020 due to decline in economic activities in the wake of the lockdown to curb the spread of coronavirus infections. The IIP had registered a growth of 5.2 per cent in February last year.

Sensex, Nifty soar to fresh lifetime highs

Sensex, Nifty soar to fresh lifetime highs

Rediff.com12 Aug 2021

PowerGrid was the top gainer in the Sensex pack, rallying over 6 per cent, followed by Tech Mahindra, HCL Tech, Titan, L&T, NTPC and ICICI Bank.

IT, financial shares boost Sensex by 651 points

IT, financial shares boost Sensex by 651 points

Rediff.com10 Jan 2022

On the Sensex chart, Titan, Maruti, SBI, L&T, HDFC and Kotak Bank emerged as prominent gainers. NSE Nifty climbed 190.60 points to settle at 18,003.30.

Serena's brand will stay strong post-retirement

Serena's brand will stay strong post-retirement

Rediff.com3 Sep 2022

Serena Williams appeared to suggest last month that she would end her playing career at the U.S. Ope

Dalal Street cheers Joe Biden win; Sensex, Nifty soar to lifetime highs

Dalal Street cheers Joe Biden win; Sensex, Nifty soar to lifetime highs

Rediff.com9 Nov 2020

IndusInd Bank was the top gainer in the Sensex pack, surging around 5 per cent, followed by Bharti Airtel, ICICI Bank, Axis Bank, PowerGrid, Tata Steel and HDFC Bank.

'We've to change how we look at old age'

'We've to change how we look at old age'

Rediff.com3 Feb 2023

'We always think of retirement as a time to settle down, that it is the sunset of our lives.' 'Instead of calling it retirement, we must call it 're-tyre-ing', that is putting a new set of tyres and going on a new journey.'

China to feel increasingly isolated: Adani

China to feel increasingly isolated: Adani

Rediff.com27 Sep 2022

Billionaire Gautam Adani on Tuesday said China will feel increasingly isolated as rising nationalism, shift in supply chains and technology restrictions threaten the world's second-biggest economy. This is because globalisation, of which China was seen as the foremost champion, is at an inflection point. "It will look very different from what we had come to accept in a largely unipolar world," he said.

Will Financial Stress Break The Global Economy?

Will Financial Stress Break The Global Economy?

Rediff.com4 Apr 2023

What's different this time is that global financial stress -- which has its genesis in four policy choices made in recent years -- is juxtaposed with a more resilient real economy, observes Sajjid Z Chinoy, chief India economist at J P Morgan.

Cyclone Sitrang brings rain, dampens Diwali cheer in Bengal

Cyclone Sitrang brings rain, dampens Diwali cheer in Bengal

Rediff.com24 Oct 2022

The southern districts of West Bengal, including Kolkata, woke up to light rain and an overcast sky on Monday as cyclone 'Sitrang' moved towards north Bay of Bengal, raising the likelihood of a downpour during the day and threatening to dampen Diwali festivities.

India Inc's profits fall off record high in April-June quarter

India Inc's profits fall off record high in April-June quarter

Rediff.com22 Aug 2022

Corporate earnings grew in double digits during the April-June 2022 (Q1FY23) quarter but the momentum waned. Overall corporate earnings in the quarter were down sharply from their highs in FY22. The combined net profit of 2,981 listed companies across sectors in the Business Standard sample was up 22.4 per cent YoY to Rs 2.24 trillion in the June quarter, driven by a big jump in the earnings of banks, non-banking lenders, oil & producers, and FMCG companies. Also, earnings in the corresponding quarter a year ago were affected because of the second wave of the Covid pandemic, even though the numbers were a lot better than Q1FY21 when there was a nationwide lockdown.

7 Adani stocks faced regulatory surveillance since 2019

7 Adani stocks faced regulatory surveillance since 2019

Rediff.com7 Feb 2023

Amid a political furore over a meltdown in the Adani group shares, stock market data shows it is not only the plunge now but the sharp surge of the past also drew regulatory attention and enhanced surveillance. Adani group stocks have taken a huge beating on the bourses, losing billions of dollars in market value, after US-based activist short-seller Hindenburg Research made a litany of allegations, including fraudulent transactions and share price manipulation at the Gautam Adani-led group. The Adani group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements.

Sensex surges 138 pts to end at record closing peak

Sensex surges 138 pts to end at record closing peak

Rediff.com7 Jul 2014

Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.

Markets make new records on earnings surge, liquidity

Markets make new records on earnings surge, liquidity

Rediff.com31 Jul 2017

State Bank of India was the top gainer, as it climbed 4.46 per cent after it slashed interest rate on savings account deposits by 50 bps to 3.5 per cent on balance of up to Rs 1 crore.

Thompson-Herah, Omanyala win Commonwealth Games 100m run

Thompson-Herah, Omanyala win Commonwealth Games 100m run

Rediff.com4 Aug 2022

Elaine Thompson-Herah, the only one of Jamaica's "Big Three" women to show up at the Commonwealth Games, was rewarded with the 100 metres gold medal on Wednesday, while Kenya's Ferdinand Omanyala powered to the men's title.

King Kohli crowned ICC player of the month

King Kohli crowned ICC player of the month

Rediff.com7 Nov 2022

Virat Kohli was named as the ICC men's player of the month for October following following a series of star performances as India charged their way to the T20 World Cup semi-finals.

Financial, auto stocks lift Sensex by 593 points

Financial, auto stocks lift Sensex by 593 points

Rediff.com28 Sep 2020

In the Sensex pack, IndusInd Bank was the top gainer, soaring around 8 per cent, followed by Bajaj Finance, Axis Bank, PowerGrid, ONGC, ICICI Bank, Sun Pharma and M&M.

Markets continue record run on earnings boost; bank, power stocks climb

Markets continue record run on earnings boost; bank, power stocks climb

Rediff.com26 Jul 2018

Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels

Natural gas price to rise to record level this week

Natural gas price to rise to record level this week

Rediff.com25 Sep 2022

Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, is likely to rise to record levels at the rate review scheduled this week, sources said. The government-dictated price for natural gas produced in the country is to be revised on October 1. After factoring in the spike in energy prices witnessed in recent months, the rate paid for gas produced from old fields such as of state-owned Oil and Natural Gas Corporation (ONGC) is likely to rise to $9 per million British thermal units from current $6.1.

Cyclone over Bay of Bengal to impact Sunderbans, heavy rain forecast for WB

Cyclone over Bay of Bengal to impact Sunderbans, heavy rain forecast for WB

Rediff.com23 Oct 2022

The deep depression over central Bay of Bengal is likely to intensify into a cyclonic storm by Sunday evening and after changing course in a northeastward direction from northwest.

Bank rally helps Sensex zoom 1,030 points in extended trade

Bank rally helps Sensex zoom 1,030 points in extended trade

Rediff.com24 Feb 2021

Axis Bank was the top gainer in the Sensex pack, surging around 5 per cent, followed by HDFC twins, ICICI Bank, Bajaj Finance and SBI. NSE Nifty zoomed 274.20 points to end at 14,982.

Underdogs don't give up, says Rishi Sunak's new campaign video

Underdogs don't give up, says Rishi Sunak's new campaign video

Rediff.com21 Aug 2022

The video shows the 42-year-old British Indian former minister interacting with voters and is also seen catching a quick power nap on a bench as a voiceover praises his efforts to "fight for every inch".

Sensex surges over 200 points, Nifty reclaims 10,700 mark

Sensex surges over 200 points, Nifty reclaims 10,700 mark

Rediff.com28 Nov 2018

The rally was led by IT stocks, with TCS and Infosys rising up to 5 per cent. Yes Bank, on the other hand, was the biggest loser on both the bourses, cracking nearly 12 per cent