News for 'R M Srivastava'

42% Cars Sold In 2022 Were White

42% Cars Sold In 2022 Were White

Rediff.com6 Mar 2023

White is easy to maintain, looks brighter than other colours over a longer period, is the least commonly rejected colour among family members, has high resale value, provides better safety at night, absorbs less heat in the summer season, makes small cars look bigger, and is not considered inauspicious.

Venkaiah Naidu, Vyjayantimala, Chiranjeevi awarded Padma Vibhushan

Venkaiah Naidu, Vyjayantimala, Chiranjeevi awarded Padma Vibhushan

Rediff.com26 Jan 2024

The home ministry on Thursday announced the Padma awards which included five Padma Bhushan, 17 Padma Bhushan and 110 Padma Shri.

Want To Be A Drone Pilot? Read This

Want To Be A Drone Pilot? Read This

Rediff.com29 Nov 2023

'Candidates will receive hands-on training in drone piloting, maintenance, data analysis, and regulatory compliance.'

India's exports cross $800 bn in first 6 months of 2023

India's exports cross $800 bn in first 6 months of 2023

Rediff.com21 Aug 2023

A healthy growth in India's services segments has helped the country's total exports and imports of goods and services to cross the $800 billion mark during the first half of 2023, despite a slowdown in global demand, think tank GTRI said in a report on Monday. According to the analysis of the Global Trade Research Initiative (GTRI), exports of goods and services rose by 1.5 per cent to $385.4 billion during January-June this year, as against $379.5 billion in January-June 2022. Imports, however, dipped by 5.9 per cent to $415.5 billion during the six months of this year, as against $441.7 billion in January-June 2022.

FPIs inject Rs 1.7 lakh crore into Indian equities in 2023

FPIs inject Rs 1.7 lakh crore into Indian equities in 2023

Rediff.com31 Dec 2023

In a remarkable comeback, foreign portfolio investors (FPIs) have pumped Rs 1.7 lakh crore into the Indian equity markets in 2023, propelled by confidence in the country's robust economic fundamentals amid a challenging global landscape. The year 2023 has witnessed massive investment by FPIs, thanks to the sharp uptick in inflows of Rs 66,134 crore in December. Going forward, FPI flows are expected to be robust.

Tax devolution to states seen at 32%, but lags 15th FC advice

Tax devolution to states seen at 32%, but lags 15th FC advice

Rediff.com2 Feb 2024

The Union government is projected to share about 32 per cent of central taxes with states during the financial year 2024-25 against the 15th Finance Commission's recommendation of 41 per cent. The Revised Estimates (RE) for FY24, too, show a similar share of states in the central taxes at 32 per cent. In absolute terms, however, there has been an increase in the amount devolved to states compared to the Budget Estimates (BE) for FY24 at Rs 11 trillion.

2 held in Port Blair for leaking defence secrets to Dubai woman

2 held in Port Blair for leaking defence secrets to Dubai woman

Rediff.com11 Oct 2023

The accused have been identified as Abhishek Kumar, a resident of Deoria district in Uttar Pradesh, and his friend Santu Biswas of West Bengal's Nadia district.

3 men strip, molest IIT-BHU student; make video of the act

3 men strip, molest IIT-BHU student; make video of the act

Rediff.com2 Nov 2023

A student of IIT-Benares Hindu University, Varanasi, was allegedly molested and stripped by three motorcycle-borne men, who also recorded a video of the act, near her hostel, the police said on Thursday.

Low nominal Q1 growth results in fiscal pressures

Low nominal Q1 growth results in fiscal pressures

Rediff.com8 Sep 2023

The critical information in the first quarter (Q1) gross domestic product (GDP) data relates to the proximity of real and nominal GDP growth rates at 7.8 per cent and 8 per cent, respectively. The implicit price deflator (IPD)-based inflation is only 0.2 per cent. This phenomenon has repeated after fifteen quarters.

WFI ex-chief Brij Bhushan's sexual harassment case takes new turn

WFI ex-chief Brij Bhushan's sexual harassment case takes new turn

Rediff.com16 Sep 2023

Ex-WFI chief Singh not exonerated by oversight panel in sexual harassment case: Police tell court

How Ayodhya residents felt about pran pratishtha

How Ayodhya residents felt about pran pratishtha

Rediff.com22 Jan 2024

As a festive spirit prevailed in Ayodhya, there was an emotional outpouring among residents of the holy city as the consecration of the new idol of Ram Lalla was held on Monday and said they indeed feel they are living in a divya (divine) Ayodhya, navya (new) Ayodhya and bhavya (grand) Ayodhya.

HC green signal to UP's Banke Bihari temple corridor

HC green signal to UP's Banke Bihari temple corridor

Rediff.com21 Nov 2023

A bench comprising Chief Justice Pritinker Diwaker and Justice Ashutosh Srivastava passed the order while hearing a PIL filed by Anand Sharma and another person from Mathura.

With 33% market share, Maruti eyes top slot in SUV space by FY24

With 33% market share, Maruti eyes top slot in SUV space by FY24

Rediff.com16 Feb 2023

Maruti Suzuki India (MSIL) - the market leader in small cars - is eyeing the top spot in the sports utility vehicle (SUV) segment within a year - with a 33 per cent share of the pie. The company has been selling two SUVs - the Brezza and the Grand Vitara - and will start deliveries of the Jimny and the Fronx from March-end, and has set a target of growing its share from the current 11.5 per cent of the SUV market to 33 per cent by the end of 2023-24. The SUV segment is roughly about 42 per cent of the total passenger vehicle market, or around 1.3 million units.

MBA, LLB students among 9 held for drug trafficking in Noida

MBA, LLB students among 9 held for drug trafficking in Noida

Rediff.com27 Nov 2023

The arrests have been made by officials of Sector 126 police station as part of a crackdown on narcotics ordered by police commissioner Laxmi Singh, deputy commissioner of police (Noida) Harish Chander said.

Want to Know What Uorfi Javed Is Really Like?

Want to Know What Uorfi Javed Is Really Like?

Rediff.com20 Mar 2024

Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.

China returnee found Covid positive in Agra, isolated

China returnee found Covid positive in Agra, isolated

Rediff.com25 Dec 2022

"The man has been isolated at his home and teams of the health department have been asked to conduct tests of his family members and those who came in contact with him," CMO said.

Second best December for IPOs since 1996, 11 companies raise Rs 8,182.7 cr

Second best December for IPOs since 1996, 11 companies raise Rs 8,182.7 cr

Rediff.com28 Dec 2023

Eleven companies have launched their initial public offerings (IPOs) in December 2023, making this month the second-best December for public offerings since 1996. Collectively, they are raising Rs 8,182.7 crore this month. In December 2021, 11 companies raised Rs 9,534 crore. However, excluding December 2021, this month marks the best December for IPOs since 1996.

What Will Today's PLI Meeting Decide?

What Will Today's PLI Meeting Decide?

Rediff.com27 Jun 2023

Centre mulls strategy to ensure powers given to the agencies are not misused.

PV sales may touch record level at nearly 40 lakh units in 2022

PV sales may touch record level at nearly 40 lakh units in 2022

Rediff.com12 Sep 2022

Domestic passenger vehicle sales could touch a record level of nearly 40 lakh units this year on strong demand and companies finding ways to enhance production despite semiconductor shortage, a senior Maruti Suzuki India official said on Monday. Even as the chip shortage issue has improved compared to a year back, the industry is estimated to have a pending order of around 7.5 lakh units of passenger vehicles with Maruti Suzuki India (MSI) alone having around 4.18 lakh units, company senior executive officer, marketing and sales, Shashank Srivastava told PTI. "I think it would be slightly below 4 million (units mark).

Top 3 carmakers report brisk sales in April

Top 3 carmakers report brisk sales in April

Rediff.com1 May 2023

Leading automakers Maruti Suzuki India, Hyundai and Tata Motors reported a double-digit increase in dispatches to dealers in April as the demand remained robust especially for the sports utility vehicles. The country's largest car maker Maruti Suzuki India (MSI) said its domestic passenger vehicle wholesales rose 13 per cent to 137,320 units last month as against 121,995 units in April 2022. Sales of mini cars, comprising Alto and S-Presso, fell 18 per cent to 14,110 units as compared with 17,137 units a year ago.

Hailstorm lashes Delhi, day temperature drops; cloudy sky likely on Monday

Hailstorm lashes Delhi, day temperature drops; cloudy sky likely on Monday

Rediff.com19 Mar 2023

Hailstorms were reported at various parts of the national capital including Palam, Chilpighat and Ayanagar, the IMD said.

'2 to 3 years before small car market revives'

'2 to 3 years before small car market revives'

Rediff.com7 Nov 2023

'It will take some more time because the affordability of these cars have changed drastically.'

Passenger vehicle dispatches cross 3.35 lakh units in Feb

Passenger vehicle dispatches cross 3.35 lakh units in Feb

Rediff.com1 Mar 2023

Driven by strong demand, the overall passenger vehicle dispatches crossed 3.35 lakh units in February as automakers, including Maruti Suzuki India, Hyundai, Tata Motors and Mahindra & Mahindra, reported robust sales during the month. The dispatches of more than 3.35 lakh units last month marked an 11 per cent over February 2022. It was also the highest ever overall wholesales in the month of February. The country's largest carmaker Maruti Suzuki India on Wednesday said its domestic wholesales rose 11 per cent to 155,114 units in February as compared with 140,035 units in the same month last year.

ASI submits Gyanvapi survey report in court

ASI submits Gyanvapi survey report in court

Rediff.com18 Dec 2023

Advocate Madan Mohan Yadav, who is representing the Hindu petitioners, said, "The report in sealed cover was placed before the court by the ASI's standing counsel Amit Srivastava."

Better chip supply fuels passenger vehicle production by 16%: Siam

Better chip supply fuels passenger vehicle production by 16%: Siam

Rediff.com14 Jun 2023

Amid better semiconductor chip supplies, the Indian automotive industry posted an 8 percent growth in production of vehicles across categories for the month of May, with three-wheelers (20 per cent) and passenger vehicles (16 per cent) leading the pack. Exports, however, dipped 21 per cent at an industry level. The industry also recorded its highest-ever May wholesales of domestic passenger vehicles (334,802 units), riding on high demand for sport utility vehicles (SUVs) and better supplies of semiconductor chips.

Small but mighty: SME IPOs break 2018 record; one every 1.38 days

Small but mighty: SME IPOs break 2018 record; one every 1.38 days

Rediff.com16 Nov 2023

In the current calendar year, small and medium enterprises (SMEs) have witnessed an impressive surge in initial public offerings (IPOs), surpassing the 2018 record. Over 150 SME IPOs have been introduced to the market, breaking the previous record of 141 set in 2018. According to data from PRIME Database, a primary market tracking firm, 147 companies successfully concluded their debut share sales by the end of October, raising a cumulative Rs 3,727 crore.

HC holds hearing on Sunday as woman constable is attacked on train

HC holds hearing on Sunday as woman constable is attacked on train

Rediff.com4 Sep 2023

The chief justice, who received a WhatsApp message about the case, heard the matter at his residence at 8 pm on Sunday and gave directions to constitute a bench comprising himself and Justice Srivastava.

From hatchbacks to holidays, consumers ready to loosen purse strings

From hatchbacks to holidays, consumers ready to loosen purse strings

Rediff.com1 Sep 2023

With Onam and Raksha Bandhan just around the corner, the festival season is ready to kick off in full swing. As people embrace the celebratory spirit, companies anticipate a surge in sales this year. Consumer durables firms are expecting strong growth of 40-50 per cent in the premium segment during the upcoming season. Appliance makers also foresee increased demand for cooling appliances - refrigerators and air conditioners - which were impacted by unseasonal rainfall.

FPIs pull out over Rs 10K cr from Indian equities in just 21 days

FPIs pull out over Rs 10K cr from Indian equities in just 21 days

Rediff.com24 Sep 2023

Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. Mayank Mehra, smallcase, manager and principal partner at Craving Alpha,believes that strong economic growth prospects, attractive valuations, and government reforms could support foreign investment flows in the next month.

FPIs pull out Rs 12,000 cr from equities in Oct so far

FPIs pull out Rs 12,000 cr from equities in Oct so far

Rediff.com22 Oct 2023

Foreign portfolio investors (FPIs) have withdrawn over Rs 12,000 crore from Indian equities this month so far, mainly due to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. However, the story takes an intriguing turn on observing FPI activity in Indian debt as they have infused over Rs 5,700 crore into the debt market during the period under review, data with the depositories showed. Going ahead, the trajectory of FPIs' investments in India will be influenced not only by global inflation and interest rate dynamics but also by the developments and intensity of the Israel-Hamas conflict, Himanshu Srivastava, associate director - manager research, Morningstar Investment Adviser India, said.

6 years of GST: Rs 1.5 trillion monthly tax revenues becomes 'new normal'

6 years of GST: Rs 1.5 trillion monthly tax revenues becomes 'new normal'

Rediff.com29 Jun 2023

Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of Rs 1.5 lakh crore every month has become a new normal and tax officers are focusing on dealing with fraudsters who are adopting newer modus operandi to game the system, causing loss to the exchequer. To apprehend black sheep, who operate as syndicates and create fake entities on the basis of forged documents to claim input tax credit (ITC), tax officers have started using data analytics, artifical intelligence and machine learning aiming to curb evasion, which was over Rs 3 lakh crore since inception of GST. It was over Rs 1 lakh crore in 2022-23. Thinktank Global Trade Research Initiative (GTRI) said the most critical pending GST reform is upgradation of GST Network to prevent fake supplies and fraudulent claims of Input Tax Credit (ITC).

Can Maruti Jimny Compete With The Thar?

Can Maruti Jimny Compete With The Thar?

Rediff.com20 Jun 2023

Jimny will be priced between Rs 12.7 lakh and Rs 15.05 lakh.

SC collegium recommends 18 HC additional judges for permanent appointments

SC collegium recommends 18 HC additional judges for permanent appointments

Rediff.com15 Sep 2023

The collegium, also comprising Justices Sanjay Kishan Kaul and Sanjiv Khanna, met on Thursday and its decision was uploaded on the apex court website.

FPIs pumped Rs 11,119 crore in Indian equities in Dec

FPIs pumped Rs 11,119 crore in Indian equities in Dec

Rediff.com1 Jan 2023

Foreign investors pumped in Rs 11,119 crore in the Indian equities in December, making it the second consecutive monthly inflow, despite increasing concerns over the re-emergence of Covid-19 cases in some parts of the world. However, foreign portfolio investors (FPIs) have turned cautious in recent days. The inflow in December was much lower compared to Rs 36,239 crore invested by FPIs in the month of November, data with the depositories showed.

Charred bodies: 2 cow vigilantes arrested for youths murder

Charred bodies: 2 cow vigilantes arrested for youths murder

Rediff.com14 Apr 2023

The Rajasthan police has arrested two of the eight accused wanted in the alleged abduction and murder of two Muslim men from Bharatpur in Rajasthan by suspected cow vigilantes in Haryana, an official said on Friday.

48 years on, Emergency trauma still haunts those who were jailed

48 years on, Emergency trauma still haunts those who were jailed

Rediff.com25 Jun 2023

Equating the imposition of the Emergency with dacoity, he said, "Generally, dacoity is carried out around midnight. Similarly, this dacoity of democracy in the country also took place around midnight."

Want To Invest In Equity Savings Funds?

Want To Invest In Equity Savings Funds?

Rediff.com24 Apr 2023

While equity savings funds could offer higher returns over three-five years, they would also be more volatile.

FPIs invest Rs 11,630 cr in equities in April

FPIs invest Rs 11,630 cr in equities in April

Rediff.com30 Apr 2023

Foreign portfolio investors (FPIs) infused Rs 11,630 crore in the Indian equity markets in April on the reasonable valuation of stocks and appreciation in the rupee. This came after FPIs infused a net sum of Rs 7,936 crore in equities in March, mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. However, if one adjusts for the investments of GQG in Adani Group, the net flow was negative.

IPO issuances in first half of FY24 hit 16-year high, raise Rs 26,272 crore

IPO issuances in first half of FY24 hit 16-year high, raise Rs 26,272 crore

Rediff.com15 Oct 2023

As many as 31 mainboard IPOs raised a cumulative Rs 26,272 crore in this period, according to Prime Database. During the April-September 2007 bull run, 48 IPOs totalling Rs 21,243 crore were launched. The number of deals in H1FY24 was 2.2 times that of the same period of the last fiscal year, but the amount raised was 26 per cent lower.

It's Raining Discounts For Car Buyers

It's Raining Discounts For Car Buyers

Rediff.com28 Apr 2023

Dealers across brands are slashing prices by Rs 20,000 to over Rs 1 lakh, depending on the car model.