News for 'Rediff Archives'

WEF: Tourism's share in global GDP to return to pre-Covid levels this year

WEF: Tourism's share in global GDP to return to pre-Covid levels this year

Rediff.com22 May 2024

The travel and tourism sector's contribution to global gross domestic product will return to pre-pandemic levels by the end of 2024, according to a new report by the World Economic Forum (WEF) on Tuesday. This recovery is driven by a considerable increase in worldwide demand, coinciding with more available flights, better international openness, and increased interest and investment in natural and cultural attractions.

Shyam Benegal, Movie Legend, Dies At 90

Shyam Benegal, Movie Legend, Dies At 90

Rediff.com23 Dec 2024

'If there is one thing Shyam Benegal expressed best: It was the Poetry of the ordinary face and ordinary lives.'

Veterans Ronaldo, Pepe to help fuel Portugal's Euro dream

Veterans Ronaldo, Pepe to help fuel Portugal's Euro dream

Rediff.com21 May 2024

Nine players from the Premier League have been called up including Ruben Dias, Diogo Dalot, Bruno Fernandes, Bernardo Silva and Diogo Jota. Goncalo Inacio is the only Sporting player in the squad.

Debate rages on: Is Ronaldo better than Messi?

Debate rages on: Is Ronaldo better than Messi?

Rediff.com1 Dec 2023

The Portuguese superstar now has scored the most first-division goals in football history, he has 527 career league goals with 61 goals alone in 2023.

Will King Kohli recreate magic of 2014 at MCG?

Will King Kohli recreate magic of 2014 at MCG?

Rediff.com22 Dec 2024

Kohli, Kohli.... the chants from 90,000 fervent fans still reverberate in the ear when you step into the fabled MCG, even two years after the former Indian skipper pulled off a stunning heist against Pakistan in the T20 World Cup 2022.

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

Rediff.com4 Nov 2024

On the cusp of launching its Rs 11,327 crore initial public offering (IPO) next week, food and grocery delivery major Swiggy believes quick commerce to be its future growth engine and anticipates that it will outpace its core food delivery business over the next five years. Currently, the quick commerce business of Swiggy - backed by Prosus and SoftBank - is 40 per cent of the size of its food delivery revenues.

'What is Ashwin supposed to prove after 712 international wickets?'

'What is Ashwin supposed to prove after 712 international wickets?'

Rediff.com22 Aug 2023

Ghavri backed Ashwin for the upcoming World Cup, saying he will be vital in Indian conditions.

Massive purse for ICC World Cup winners

Massive purse for ICC World Cup winners

Rediff.com22 Sep 2023

A total of US$10 million will be distributed by the ICC among all winning teams throughout the tournament.

Are Seema-Sohail Khan Filing for Divorce?

Are Seema-Sohail Khan Filing for Divorce?

Rediff.com13 May 2022

Sohail Khan and Seema Khan's marriage of 24 years has reportedly come to an end.

Broking stocks slide on Sebi pivot

Broking stocks slide on Sebi pivot

Rediff.com10 Jul 2024

Shares of brokerages and market infrastructure institutions (MIIs) witnessed heavy selling pressure following the Securities and Exchange Board of India's (Sebi's) pivot to a uniform fee structure, which analysts fear could dent revenues. Discount brokerages, which currently benefit from a spread between client charges and exchange fees, are expected to be most affected. Shares of Angel One, the third-largest brokerage by active clients, fell 8.7 per cent. Groww and Zerodha, the largest brokerages, are not publicly listed.

HC dismisses plea against Dalai Lama in kissing row

HC dismisses plea against Dalai Lama in kissing row

Rediff.com9 Jul 2024

The Delhi high court on Tuesday dismissed a public interest litigation over the alleged molestation of a boy by the Dalai Lama, as claimed to have been shown in a video clip that went viral last year, saying the religious leader was "being playful" and has already apologised for the incident.

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

Rediff.com22 Jan 2025

HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. On a standalone basis, the largest private sector lender's net profit came at Rs 16,735.50 crore for the period, up from Rs 16,372.54 crore in the year-ago period, but marginally down from the preceding quarter's Rs 16,820.97 crore.

Power utilities likely to see moderate growth in Q3 earnings

Power utilities likely to see moderate growth in Q3 earnings

Rediff.com22 Jan 2025

Power utilities may report moderate growth in earnings for Q3FY25. Generation is up 3 per cent year-on-year (Y-o-Y) in Q3 on lower cooling demand and high base, to 429 billion units (BU). Peak demand was steady at 224 Gw in Q3FY25, a 10 per cent decline from the record highs of 250 Gw in May 2024.

Investors become poorer by Rs 6 lakh cr as markets crash

Investors become poorer by Rs 6 lakh cr as markets crash

Rediff.com28 Feb 2024

Investors' wealth eroded by Rs 6 lakh crore in a single day on Wednesday as the BSE benchmark Sensex tumbled over 790 points. The 30-share BSE Sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88. During the day, it slumped 872.93 points or 1.19 per cent to 72,222.29.

New methods needed to uplist SC/STs, says judge in quota verdict

New methods needed to uplist SC/STs, says judge in quota verdict

Rediff.com1 Aug 2024

The reservation policy requires a fresh relook and new methods are needed for the uplift of people belonging to Scheduled Castes (SC), Schedule Tribes (ST) and Other Backward Classes (OBC), Supreme Court judge Justice Pankaj Mithal said on Thursday.

Starc can't wait for Border-Gavaskar Trophy to be back on Aus shores

Starc can't wait for Border-Gavaskar Trophy to be back on Aus shores

Rediff.com21 Aug 2024

Currently, India leads the World Test Championships table with Australia in second place.

IIT Madras, AIIMS Top NIRF List

IIT Madras, AIIMS Top NIRF List

Rediff.com13 Aug 2024

IIT Madras secured the top position out of the 10,885 institutes that took part in the NIRF's ninth edition.

RBI gives clarity to 'politically exposed persons' term to meet FATF norms

RBI gives clarity to 'politically exposed persons' term to meet FATF norms

Rediff.com8 Jan 2024

The Reserve Bank of India (RBI) has updated Know Your Customer (KYC) norms for politically exposed persons (PEPs) who transact with regulated entities (REs), seeking to comply with the recommendations of intergovernmental organisation Financial Action Task Force (FATF). PEPs are individuals entrusted with prominent public functions by a foreign country, including the heads of states/governments, senior politicians, senior government or judicial or military officers, senior executives of state-owned corporations and important political party officials, said the RBI. This change is expected to provide more clarity to undertake Customer Due Diligence (CDD), said the RBI in a communication to REs.

Ambani beats Adani to remain India's richest; ranks 9th in global list

Ambani beats Adani to remain India's richest; ranks 9th in global list

Rediff.com3 Apr 2024

Oil-to-telecom conglomerate Reliance Industries Ltd head Mukesh Ambani continues to be the richest Indian and has now broken into the world's top 10 wealthiest persons in the latest Forbes 2024 Billionaire List. Ambani, 66, is ranked 9th on the list with a wealth of $116 billion, up from $83.4 billion in the 2023 ranking, according to Forbes. Gautam Adani is the second richest Indian and is ranked at No.17 on the global list.

Sebi rejects NSE's proposal to extend trading hours

Sebi rejects NSE's proposal to extend trading hours

Rediff.com7 May 2024

Capital markets regulator Sebi has rejected a proposal by the National Stock Exchange (NSE) to extend the trading hours in the equity derivatives segment citing a lack of feedback from the stock brokers community. "Currently, there is no plan to extend the timings as Sebi has returned our application as the stock brokers have not given the feedback that Sebi wanted. "So, as of now, the extended time frame (plan) is shelved," NSE MD and CEO Ashishkumar Chauhan said in a post-earnings analysts call.

India to buy 200 BrahMos missiles for Rs 19K cr to boost Navy

India to buy 200 BrahMos missiles for Rs 19K cr to boost Navy

Rediff.com22 Feb 2024

In a significant move, the Cabinet Committee on Security (CCS) has accorded approval for the procurement of more than 200 BrahMos supersonic cruise missiles and associated equipment for the Indian Navy at a cost of around Rs 19,000 crore, people familiar with the matter said on Thursday.

Sensex jumps 349 points; Nifty scales fresh lifetime high

Sensex jumps 349 points; Nifty scales fresh lifetime high

Rediff.com20 Feb 2024

Among Sensex gainers, Power Grid jumped the most by 4.16 per cent after its board approved an investment of Rs 656 crore in transmission projects. Private lenders HDFC Bank, Axis Bank, Kotak Bank, IndusInd Bank and ICICI Bank were also among lead gainers. NTPC, Nestle and Hindustan Unilever also ended the session with gains.

Former Chelsea winger Hazard retires at 32

Former Chelsea winger Hazard retires at 32

Rediff.com11 Oct 2023

Hazard joined Chelsea from Lille in 2012 and won the Europa League in 2013 and 2019 with the London club. He also won the Premier League title in 2015 and in 2017 as well as the League Cup and the FA Cup.

'IOC should probe claims of abuse by Indian wrestlers'

'IOC should probe claims of abuse by Indian wrestlers'

Rediff.com24 Jul 2024

The International Olympic Committee should investigate India's wrestling federation and bolster its tools to report cases of sexual harassment, the Sport and Rights Alliance (SRA) said

'Kohli has a great chance to become a hero'

'Kohli has a great chance to become a hero'

Rediff.com29 Jun 2024

Former England cricketer Nasser Hussain showered praise on Kohli.

Ravindra, Santner recalled in NZ Test squad

Ravindra, Santner recalled in NZ Test squad

Rediff.com7 Nov 2023

Kyle Jamieson also returns to the squad after back surgery in February in a pace attack which includes captain Tim Southee and Matt Henry, who has recovered from injury.

Expect some surprises from Nepal, Netherlands: Gilchrist

Expect some surprises from Nepal, Netherlands: Gilchrist

Rediff.com1 Jun 2024

Legendary Australia wicketkeeper Adam Gilchrist believes Nepal and the Netherlands could surprise teams like Bangladesh and Sri Lanka in the upcoming T20 World Cup.

Nehru's gift to Baroda queen caught in marital dispute

Nehru's gift to Baroda queen caught in marital dispute

Rediff.com15 Nov 2024

A 1951 model antique hand-made classic Rolls Royce car, a single model till date valuing more than Rs 2.5 crore at present and ordered by first prime minister Jawaharlal Nehru for the erstwhile 'maharani' of Baroda, has become a major bone of contention in a matrimonial dispute in the Supreme Court.

Markets hit fresh lifetime highs; Sensex gains 370 points

Markets hit fresh lifetime highs; Sensex gains 370 points

Rediff.com28 Dec 2023

Among the Sensex firms, NTPC, Mahindra & Mahindra, Power Grid, Nestle, Tata Motors, ITC, Bharti Airtel and Kotak Mahindra Bank were the major gainers. In contrast, Larsen & Toubro, Wipro, JSW Steel, UltraTech Cement, and Asian Paints were among the laggards.

Nawaz Sharif on Kargil: Violated pact with Vajpayee, our fault

Nawaz Sharif on Kargil: Violated pact with Vajpayee, our fault

Rediff.com28 May 2024

Former Pakistan premier Nawaz Sharif on Tuesday admitted that Islamabad had "violated" an agreement with India signed by him and ex-prime minister Atal Bihari Vajpayee in 1999, in an apparent reference to the Kargil misadventure by Gen Pervez Musharraf.

Does Arthritis Affect Young People Like Saina Nehwal?

Does Arthritis Affect Young People Like Saina Nehwal?

Rediff.com4 Sep 2024

Arthritis affects people of all ages, including those in their 20s and 30s, says Dr Prashant Kamble, consultant-orthopedics at the Sir HN Reliance Foundation Hospital, Mumbai.

Omar Abdullah's wife gets SC notice over divorce plea

Omar Abdullah's wife gets SC notice over divorce plea

Rediff.com15 Jul 2024

The Supreme Court on Monday sought a response from Payal Abdullah, the estranged wife of Omar Abdullah, on a plea filed by the National Conference leader seeking divorce on grounds of cruelty.

From a record high, Sensex sinks by 931 points at close

From a record high, Sensex sinks by 931 points at close

Rediff.com20 Dec 2023

Tata Steel fell the most by 4.21 per cent. NTPC, Tata Motors, HCL Technologies, Mahindra & Mahindra, State Bank of India, Power Grid, Tech Mahindra, Larsen & Toubro and JSW Steel also declined. HDFC Bank was the only gainer from the pack. In Asian markets, Seoul, Tokyo and Hong Kong settled in the positive territory while Shanghai ended lower.

HCLTech raises guidance on better-than-expected performance

HCLTech raises guidance on better-than-expected performance

Rediff.com14 Oct 2024

IT services major HCL Technologies (HCLTech) on Monday reported a 10.51 per cent increase in consolidated net profit to Rs 4,235 crore in July-September quarter of FY25, as the company raised the lower band of its growth guidance on the back of better-than-expected performance. The Noida-headquartered firm had posted a net profit of Rs 3,832 crore in the year-ago period. HCLTech increased the lower band of its revenue growth guidance to 3.5-5 per cent year-on-year in constant currency, against a guidance of 3-5 per cent in the first quarter.

Look V-Day RED-Dy Like Kareena

Look V-Day RED-Dy Like Kareena

Rediff.com5 Feb 2024

Whether you're spending it on a red carpet or a beach, Sukanya Verma gives you some Bollywood-style inspiration to look V-Day red-dy on February 14.

Duleep Trophy: Can Agarwal make his case for India comeback?

Duleep Trophy: Can Agarwal make his case for India comeback?

Rediff.com11 Sep 2024

In the absence of national regulars, the focus will shift on the likes of Rinku, who was surprisingly not picked for the first round despite having an impressive first-class record.

Why August 15 Is Very Special For Virat

Why August 15 Is Very Special For Virat

Rediff.com15 Aug 2023

'The day holds a personal touch for me as well, being the birthday of my father.' 'The confluence of these two celebrations renders it even more special.'

Zomato m-cap pips that of Tata Motors, Bajaj Auto; analysts stay bullish

Zomato m-cap pips that of Tata Motors, Bajaj Auto; analysts stay bullish

Rediff.com20 Dec 2024

Food delivery and quick commerce (qcom) service application (app), Zomato, now commands a market capitalisation (mcap) higher than automobile giants Tata Motors and Bajaj Auto. Zomato, whose shares closed 1.18 per cent lower on Thursday at Rs 288.45 per share, has an mcap of Rs 2.78 trillion, according to BSE data. By comparison, Tata Motors' mcap stood at Rs 2.74 trillion, while Bajaj Auto's was Rs 2.5 trillion on the BSE.

IT firms may remain on recovery path in Q2

IT firms may remain on recovery path in Q2

Rediff.com11 Oct 2024

Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25). The industry is exepected to have continued on the path of recovery in Q2, similar to the preceding quarter, rather than sprint towards growth. The top four firms likely grew between 0 per cent and 4 per cent year-on-year (Y-o-Y), according to consensus estimates.

Markets bounce back on fag-end buying in RIL, ITC

Markets bounce back on fag-end buying in RIL, ITC

Rediff.com9 Aug 2023

JSW Steel was the biggest gainer on the Sensex chart, rising 2.68 per cent, followed by Tata Motors, Mahindra & Mahindra, Tata Steel, Titan, ITC, Tech Mahindra, NTPC, Reliance Industries and Larsen & Toubro. In contrast, Bajaj Finance, Maruti, ICICI Bank, Power Grid, Asian Paints and Axis Bank were major laggards.