News for 'Rising Asia'

Satish-Aadya: Climbing rankings while embracing trials

Satish-Aadya: Climbing rankings while embracing trials

Rediff.com8 Feb 2025

Just 18 months after pairing up, the young mixed doubles pair of Sathish Kumar Karunakaran and Aadya Variyath rise to World No 33.

Will India Have A Peace Keeping Role In Ukraine?

Will India Have A Peace Keeping Role In Ukraine?

Rediff.com18 Feb 2025

A peace keeping role for India is a distinct possibility. Indian military has both the numbers and experience to carry out this job, observes Colonel Anil A Athale (Retd).

Festival demand boosts domestic sales of two-wheelers by up to 26%

Festival demand boosts domestic sales of two-wheelers by up to 26%

Rediff.com5 Nov 2024

Major two-wheeler manufacturers in India witnessed a double-digit increase in domestic sales in October, driven by the festival fervour.

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

Rediff.com14 Jan 2025

In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.

'Trump Has Very Positive View Of Modi'

'Trump Has Very Positive View Of Modi'

Rediff.com17 Feb 2025

'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'

Brokerages divided on L&T's new order prospects, exposure to West Asia

Brokerages divided on L&T's new order prospects, exposure to West Asia

Rediff.com8 Feb 2024

Brokerage firms on Wednesday appeared divided in their calls on Larsen & Toubro (L&T) after the company's 2023-24 (FY24) October-December quarter (third quarter, or Q3) performance and guidance for the quarters ahead. While few stayed optimistic about the stock over future order inflow prospects, others saw increasing exposure to West Asia and fixed price contracts as a concern. In Wednesday's trade, L&T's share price closed at Rs 3,480 per piece, 4.22 per cent down from its previous day's close.

China wrestles back top spot from India in MSCI Emerging Market IMI index

China wrestles back top spot from India in MSCI Emerging Market IMI index

Rediff.com12 Nov 2024

China has stayed on top for two consecutive months in the MSCI Emerging Markets Investable Market Index (EM IMI), after ceding the position to India in August. At the end of October, China's weight in the key EM gauge stood at 24.72 per cent, up from 21.58 per cent at the end of August. India's weight during this period has slipped to 20.42 per cent from 22.27 per cent.

Jaipur Lit Fest: Words Against War

Jaipur Lit Fest: Words Against War

Rediff.com28 Jan 2025

'Our fractured world has been embroiled in wars and hatred, and many sessions reflect these concerns.'

Hotel Rates Hit Record High In '24

Hotel Rates Hit Record High In '24

Rediff.com19 Dec 2024

Driven by a boom in domestic tourism, a record number of weddings in November and December, and a surge in extended weekend vacations.

Is foreign exchange rate stability desirable? Not really

Is foreign exchange rate stability desirable? Not really

Rediff.com21 Jan 2025

The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.

'Pakistan hungry for Asia Cup and World Cup glory'

'Pakistan hungry for Asia Cup and World Cup glory'

Rediff.com21 Aug 2023

Every player in this team is hungry for success: Babar Azam

Should you invest in gold? Read here to find out

Should you invest in gold? Read here to find out

Rediff.com4 Dec 2024

Goldman Sachs expects gold to reach $3,150 per ounce in the international market by December 2025, up around 19.1 per cent from its current level of $2,645, according to a recent report in Business Standard. Domestically, gold is trading at Rs 76,018 per 10 grams after delivering a remarkable 21.9 per cent return in the past year.

STUNNING Travel Photographs

STUNNING Travel Photographs

Rediff.com4 Feb 2025

Wondeful shots of African women and giraffes roaming Kenyan grasslands were judged the most outstanding photographs of the year.

Soros connection? US lawmaker challenges Adani probe

Soros connection? US lawmaker challenges Adani probe

Rediff.com8 Jan 2025

Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

Wipro's Q1 net profit rises 4.6% to Rs 3,003.2 cr; revenue falls 3.8%

Wipro's Q1 net profit rises 4.6% to Rs 3,003.2 cr; revenue falls 3.8%

Rediff.com19 Jul 2024

IT major Wipro on Friday posted a 4.6 per cent year-on-year rise in its consolidated net profit for the June quarter at Rs 3,003.2 crore. The Q1 FY25 revenue of the Bengaluru-headquartered firm, however, fell 3.8 per cent to Rs 21,963.8 crore.

Al-Qaeda Genie Is Out Of The Bottle

Al-Qaeda Genie Is Out Of The Bottle

Rediff.com9 Dec 2024

... and there is no stopping its pan-Islamic agenda, cautions Ambassador M K Bhadrakumar.

Warning! Trump 2.0 Will Be Very Different

Warning! Trump 2.0 Will Be Very Different

Rediff.com8 Jan 2025

'Trump has no more elections to fight and his soaring ambition, which is no secret, will be to carve out a presidential legacy that outshines by far all his mediocre predecessors.' 'Trump's turnaround on the H-1B visa debate shows that he can take tough decisions and there are no holy cows in his domain,' asserts Ambassador M K Bhadrakumar.

India's manufacturing sector regains growth momentum in October: PMI

India's manufacturing sector regains growth momentum in October: PMI

Rediff.com4 Nov 2024

India's manufacturing sector growth recovered from September's eight-month low to 57.5 in October fuelled by faster increases in total new orders and international sales, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose from September's eight-month low of 56.5 to 57.5 in October, indicating a substantial and accelerated improvement in operating conditions.

Indian Parents Risk Savings For Child's Education

Indian Parents Risk Savings For Child's Education

Rediff.com12 Sep 2024

For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.

Who Are India's Newest Billionaires?

Who Are India's Newest Billionaires?

Rediff.com11 Oct 2024

The collective wealth of the 100 richest went past $1 trillion for the first time.

Hyatt Hotels launches new luxury venue in Mumbai to boost banquet revenue

Hyatt Hotels launches new luxury venue in Mumbai to boost banquet revenue

Rediff.com21 Oct 2024

Social gatherings and events held at hotels have seen an exponential rise since the pandemic and to cater to that segment, Hyatt Hotels has launched a luxury venue in Mumbai. Last week, Hyatt launched 'The Grand Showroom' which is a luxury venue customisable for events ranging from corporate parties, luxury weddings to high-profile occasions. This venue is an addition to its existing property in the city - Grand Hyatt Mumbai.

Gold set to extend record run; may hit Rs 90,000 in 2025

Gold set to extend record run; may hit Rs 90,000 in 2025

Rediff.com31 Dec 2024

Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.

Rising cases of JN.1 subvariant: Here's what WHO said

Rising cases of JN.1 subvariant: Here's what WHO said

Rediff.com18 Dec 2023

In the wake of the surge in respiratory diseases and new JN.1 sub-variant of COVID-19, the World Health Organisation (WHO) said that the virus is evolving and changing and urged the member states to continue with strong surveillance and sequence sharing.

Rupee Declines. Add Gold To Portfolio

Rupee Declines. Add Gold To Portfolio

Rediff.com4 Dec 2024

New investors should gradually build a 5 to 10 per cent allocation to gold.

'Trump Is More Unpredictable'

'Trump Is More Unpredictable'

Rediff.com7 Nov 2024

'The policies announced by his administration are implemented faster.'

Rising Sun resurgence: Jefferies' crystal ball on Japan's future

Rising Sun resurgence: Jefferies' crystal ball on Japan's future

Rediff.com5 Mar 2024

Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February. as global investors latched on to Japan's biggest companies on improving shareholder returns, the weaker yen and booming corporate profits. Analysts remain bullish on Japan, mostly aided by gains in technology shares. Adoption of artificial intelligence (AI), according to a note by Morgan Stanley, is likely to benefit Japanese companies, which is almost at par with the US-based companies.

Small, midcap rally may lose steam

Small, midcap rally may lose steam

Rediff.com4 Nov 2024

After a strong run in the midcap and smallcap indices, which surged 46 per cent and 43 per cent, respectively, on the National Stock Exchange (NSE) during Samvat 2080, analysts suggest that the rally in these segments may pause to catch its breath in Samvat 2081.

How The US Helps India Counter The China Threat

How The US Helps India Counter The China Threat

Rediff.com4 Nov 2024

Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion' into Tawang at the LAC in December 2022, helping India thwart China's expansionist designs, show how operationally effective the USA-India friendship has become on the ground. A engaging excerpt from Sreeram Chaulia's must-read new book, Friends: India's Closest Strategic Partners.

We Are In An Era Of Puppets And Puppeteers

We Are In An Era Of Puppets And Puppeteers

Rediff.com31 Dec 2024

'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.

'Rani Rampal's No 28 will be cherished forever'

'Rani Rampal's No 28 will be cherished forever'

Rediff.com29 Oct 2024

Prime Minister Narendra Modi on Monday lauded former India women's hockey captain Rani Rampal's achievements, saying her exploits on the field will be cherished for ages to come.

Tilak's selection for Asia Cup: 'Brave and smart call'

Tilak's selection for Asia Cup: 'Brave and smart call'

Rediff.com21 Aug 2023

The young Tilak Varma was included in the Indian team for the Asia Cup as the sixth specialist batter.

Samvat 2081: Will Gold, Silver Sparkle?

Samvat 2081: Will Gold, Silver Sparkle?

Rediff.com25 Oct 2024

'Higher interest rates make gold less attractive as it doesn't generate yield.' 'However, with rates set to fall, the tables are turning for gold.'

Time To Avoid Stock Markets?

Time To Avoid Stock Markets?

Rediff.com9 Oct 2024

The narrative on China is changing post the recent stimulus measures, and it will be hard for global investors to ignore the Chinese markets.

India not to send more construction workers as Israel-Iran tension rises

India not to send more construction workers as Israel-Iran tension rises

Rediff.com12 Apr 2024

India on Friday asked its citizens not to travel to Iran and Israel amid increasing fears that Tehran may launch an attack on Israeli soil in retaliation to a strike on the Iranian consulate in Syria 11 days ago.

India's services sector activity slips to 10-month low in Sep

India's services sector activity slips to 10-month low in Sep

Rediff.com4 Oct 2024

India's services sector activity fell to a 10-month low in September as new businesses, international sales and output growth moderated, a monthly survey said on Friday. The seasonally adjusted HSBC India Services Business Activity Index fell from 60.9 in August to 57.7 in September, indicating that though the output registered an increase, the pace of growth was the slowest since November 2023. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

India to become 2nd largest economy in Asia by 2030: S&P Global

India to become 2nd largest economy in Asia by 2030: S&P Global

Rediff.com24 Oct 2023

India, the world's fifth largest economy in the world, is likely to overtake Japan to become the world's third-largest economy with a GDP of $7.3 trillion by 2030, S&P Global Market Intelligence said in its latest issue of PMI. After two years of rapid economic growth in 2021 and 2022, the Indian economy has continued to show sustained strong growth during the 2023 calendar year. India's gross domestic product (GDP) is expected to grow 6.2-6.3 per cent in the fiscal year ending in March 2024, being the fastest-growing major economy this fiscal year.

Teen sensation Anmol Kharb dominates in Poland

Teen sensation Anmol Kharb dominates in Poland

Rediff.com22 Sep 2024

Anmol Kharb achieved a remarkable feat by securing her second consecutive title on Sunday, winning the Poland International with a straight-game victory over Switzerland's Milena Schnider

Trump 2.0: Will Bulls Run Amok?

Trump 2.0: Will Bulls Run Amok?

Rediff.com8 Nov 2024

'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'