News for 'Pricing Power'

Modi invokes Emergency in Rajya Sabha speech, Opposition walks out

Modi invokes Emergency in Rajya Sabha speech, Opposition walks out

Rediff.com3 Jul 2024

Prime Minister Narendra Modi Wednesday took the Congress to the cleaners over making the 2024 general elections about the protection of the Constitution, saying Indians voted on the plank only once when they threw out the Indira Gandhi government in 1977 after the Emergency.

VW aims to drive in 15% sales growth this year

VW aims to drive in 15% sales growth this year

Rediff.com22 Mar 2024

Volkswagen Passenger Cars is targeting a volume sales growth of about 15 per cent in the country in 2024, even as it expects the Indian passenger vehicle (PV) industry to grow by 5-7 per cent in the current year, its India brand director, Ashish Gupta, said on Thursday. This means the company is expecting to grow 2-3 times faster than the Indian PV industry in 2024. But globally, the German automaker is expecting just 3 per cent rise in sales this year, down from 12 per cent last year.

PIX: Gadkari rides to Parliament in hydrogen-powered car

PIX: Gadkari rides to Parliament in hydrogen-powered car

Rediff.com30 Mar 2022

India will soon become a green hydrogen exporting country, the road transport and highways minister told reporters before leaving for Parliament in the car, which is the first of its kind in India.

View Consumption Survey Numbers With Caution

View Consumption Survey Numbers With Caution

Rediff.com15 Mar 2024

Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis.

'You are not Hindu': In maiden speech as LoP, Rahul stings BJP

'You are not Hindu': In maiden speech as LoP, Rahul stings BJP

Rediff.com1 Jul 2024

Leader of Opposition Rahul Gandhi launched a no-holds-barred attack on the Bharatiya Janata Party in the Lok Sabha on Monday, saying the leaders of the ruling party are not Hindus as they engage in "violence and hate" round the clock, drawing massive protests from the treasury benches, with Prime Minister Narendra Modi accusing the Congress leader of calling the entire Hindu community violent.

PMO gets involved, seeks to defuse power crisis

PMO gets involved, seeks to defuse power crisis

Rediff.com12 Oct 2021

The Prime Minister's Office on Tuesday reviewed the coal supply and power generation scenario as the government looks at ways to defuse the energy crisis being faced by several states.

Delivery-based trades drop amid valuation concerns

Delivery-based trades drop amid valuation concerns

Rediff.com22 Jan 2024

Investors are reluctant to take long-term positions this year after the spectacular gains in 2023. The delivery-based trades on the National Stock Exchange (NSE) have declined to below 36 per cent this year from an average of 38.1 per cent in 2023. Investors tend to seek delivery for stocks where they see a long-term investment opportunity or tactical positional trade.

The 'Starc reality' of high-stakes final

The 'Starc reality' of high-stakes final

Rediff.com26 May 2024

A man of big games! He may have faced a lot of backlash after a torrid start to the season, but KKR's 'big-bucks' man, proved exactly why he's worth every penny as he put up a match-winning performance to power Kolkata Knight Riders to their third Indian Premier League title.

WPI inflation eases to 12.96% in Jan; food prices harden

WPI inflation eases to 12.96% in Jan; food prices harden

Rediff.com14 Feb 2022

The wholesale price-based inflation eased for the second consecutive month in January at 12.96 per cent, even though food prices hardened, the government said on Monday. WPI inflation has remained in double digits for the tenth consecutive month beginning April 2021. Inflation in December 2021 was 13.56 per cent, while in January 2021, it was 2.51 per cent.

How paint makers plan to tackle slowdown

How paint makers plan to tackle slowdown

Rediff.com20 Feb 2024

Berger Paints, the country's second-largest decorative paint maker, continued to outperform its peers and gain market share in the 2023-24 (FY24) October-December quarter (third quarter, or Q3). The company posted a consolidated revenue growth of 7 per cent compared to the year-ago quarter, surpassing Asian Paints (5.4 per cent) and Kansai Nerolac Paints (5.7 per cent).

CIL's coal supply to power sector rises 16% in Apr

CIL's coal supply to power sector rises 16% in Apr

Rediff.com2 May 2022

State-owned CIL on Monday said coal supply to the power sector rose 15.6 per cent to 49.7 million tonne last month in the wake of high demand of the dry fuel from electricity generating plants and stressed that it is planning to augment its dispatches further, especially to power plants in the coming months. The statement comes at a time when several parts of the country are grappling with power crisis. "With the intense demand for coal continuing unabated driven by an upward spiral in the electricity generation, CIL (Coal India) pushed up its supplies to power plants of the country to 49.7 million tonnes (MT) in April'22.

Mcap of BSE-listed companies soar to all-time high of Rs 406.52 lakh cr

Mcap of BSE-listed companies soar to all-time high of Rs 406.52 lakh cr

Rediff.com29 Apr 2024

The market capitalisation of BSE-listed companies soared to an all-time high of Rs 406.52 lakh crore on Monday thanks to a rally in equities where the BSE Sensex climbed over 1 per cent. The 30-share BSE Sensex rallied 941.12 points or 1.28 per cent to finish at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.

Time To Book Profits In PSU Funds?

Time To Book Profits In PSU Funds?

Rediff.com4 Mar 2024

While near-term performance is difficult to predict after a huge run-up, fund managers believe the PSU theme's prospects remain sound over the medium to long term.

Oil price tops $87/bbl but petrol, diesel stay unchanged

Oil price tops $87/bbl but petrol, diesel stay unchanged

Rediff.com18 Jan 2022

International oil prices jumped to the highest level since 2014, topping $87 a barrel but domestic petrol and diesel prices remained unchanged for the 74th day in a row - a freeze that may be linked to ensuing assembly elections in states like Uttar Pradesh and Punjab. Brent - the key global oil benchmark - soared to $87.7 per barrel mostly due to rising geopolitical tensions and supply-side disturbances due to Yemen's Houthi group's attack on oil facilities in the United Arab Emirates. Also, global inventories are waning. The attack, some analysts believe, may lead to more hostile behaviour between the two power centres in the Middle East - Iran and Saudi Arabia.

'Like Everything, There's A Limit To Hindutva'

'Like Everything, There's A Limit To Hindutva'

Rediff.com13 Jun 2024

'The inauguration of the Ram temple was the pinnacle of the BJP's religious politics.' 'Politics is dynamic. What goes up has to come down.'

'Market is pricing rate hike up to December'

'Market is pricing rate hike up to December'

Rediff.com13 Jun 2022

'There will be a series of rate hikes, but the pace and quantum will depend on how the economy in the US and the rest of the world behave.'

Why Should Crude Oil Prices Go Up?

Why Should Crude Oil Prices Go Up?

Rediff.com17 Feb 2022

If international crude oil prices zoom past the current level of about $90 per barrel and move towards $100 and beyond, middle-class consumers are not going to keep quiet about their discomfort, points out Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.

McGrath tells Bumrah: Take an 'off-season' or risk it all!

McGrath tells Bumrah: Take an 'off-season' or risk it all!

Rediff.com19 Mar 2024

Jasprit Bumrah needs an 'off-season' since his bowling action with an 'extensive effort' could result in ace India pacer suffering further injuries

Wholesale inflation remains in red for the 6th month

Wholesale inflation remains in red for the 6th month

Rediff.com16 Oct 2023

The wholesale price index-based inflation remained in the negative territory for the sixth straight month in September at (-)0.26 per cent, on easing prices of food articles. The WPI-based inflation rate has been in the negative since April and was (-)0.52 per cent in August. In September last year, it was 10.55 per cent.

'The power crisis will not last long'

'The power crisis will not last long'

Rediff.com14 Oct 2021

'This is a crisis which did not happen overnight. It was happening slowly.' 'Now we are mining very fast and this crisis won't last long.'

Apple tops India smartphone market in revenue share in 2023

Apple tops India smartphone market in revenue share in 2023

Rediff.com31 Jan 2024

iPhone maker Apple led India market with highest revenue in 2023 for the first time while Samsung topped the chart in terms of sales volume, market research firm Counterpoint Research said on Wednesday. While India's smartphone shipments remained flat in 2023 at 152 million units, Samsung and Chinese mobile phone makers Vivo and Oppo were able to grow their shares, according to Counterpoint's Monthly India Smartphone Tracker report. "Apple's focus on India is also aiding the trend, with the brand surpassing the 10-million-unit mark in shipments and capturing the top position in revenue in a calendar year for the first time, propelled by robust demand for both its latest and older iPhones.

Will Nifty-IT Outperform Post Elections?

Will Nifty-IT Outperform Post Elections?

Rediff.com6 May 2024

The Nifty IT index, data shows, has outperformed the markets in each of the last four election years post the result. announcement.

Bankers' Dilemma On LIC IPO Price

Bankers' Dilemma On LIC IPO Price

Rediff.com8 Mar 2022

'It will be a cat and mouse game between investors and the government.' 'The issue will be launched only if there is sufficient demand from investors and the government is in agreement with the bankers on the valuations.'

'High time we bring back paper ballots'

'High time we bring back paper ballots'

Rediff.com29 Feb 2024

'How come the BJP won even in the Muslim belt? I am 100% sure that the BJP would not win in the Muslim belt.'

Turmoil in MVA after Shiv Sena-UBT releases 1st list despite Cong's objection

Turmoil in MVA after Shiv Sena-UBT releases 1st list despite Cong's objection

Rediff.com28 Mar 2024

The Sena-UB has fielded popular wrestler Chandrahar Patil from Sangli despite the Congress announcing Vishal Patil's name from the same seat.

Improving working capital, project execution key to rally in BHEL's stock

Improving working capital, project execution key to rally in BHEL's stock

Rediff.com10 Dec 2023

Bharat Heavy Electricals Ltd (BHEL) is India's largest engineering and manufacturing enterprise, operating across energy, industry, and infrastructure sectors. The investment path for the stock is based on a large order backlog, continued strong order inflows, and rising power demand, which should push demand for BHEL's equipment and services. BHEL has historically held over 70 per cent market share in power projects.

Stock market gives thumbs up to Siemens' strong performance in Q2

Stock market gives thumbs up to Siemens' strong performance in Q2

Rediff.com23 May 2024

Siemens delivered a strong margin performance and also reported high other income to beat consensus in the January-March quarter (Q2) of FY24 (the company's year-end is September 30). In addition, it has opted to demerge the energy vertical with a 1:1 award of shares in the newly demerged entity which will be listed by the end of this year (CY25).

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