Just a few weeks ago, Communications Minister Ashwini Vaishnaw did some tough talking with the senior managers of Bharat Sanchar Nigam Ltd, the ailing state-owned telecom service provider. The message was clear: They had to perform, quit by taking the voluntary retirement package or be compulsorily retired from service. The terse message from an otherwise polite and soft-spoken minister came just days after he announced a second and bigger package of Rs 1.64 trillion as part of a four-year turnaround plan for BSNL.
'Why was Top Gun: Maverick made? 'And the only reason I can think of is that the new film was made to emphasise and re-establish Tom Cruise's superstar status,' notes Aseem Chhabra who watched the Top Gun sequel at its premiere in Cannes.
'I have to treat patients and there they don't like Indians.' 'The patients don't like me, they are not going to come to me, then what is the point of studying there?'
Kolkata Knight Riders' batting woes continued as they went down to Rajasthan Royals by six wickets and suffered their fourth straight defeat in IPL 2021.
BCCI is exploring the option of playing the league across four to five cities
Major is in a perennial state of exaggeration. The sighs, the misty eyes, the mushy speeches, its details are invested in highlighting all things in-your-face, observes Sukanya Verma.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Mrunal is all set for Toofan...Urvashi goes gold...
The next time you travel by air, don't insist on a window seat, for a new study has claimed that sitting close to the window on a plane can raise a passenger's chances of developing deep vein thrombosis. Researchers at the Leiden University Medical Centre in the Netherlands have found that sitting by the window on a plane can double a person's risk of a potentially deadly blood clot, the British Journal of Haematology reported.
The Amarnath pilgrimage resumed on Monday after remaining suspended for three days following flash floods that claimed 15 lives, while the Jammu and Kashmir administration said it would get a clear picture by Tuesday about the damage.
That's a deficit the NDA will have to make up with the help of 'friendly' alliance partners, the very groupings the PM has said are 'family-run'.
After 'mutual funds sahi hai', it could be the turn of something like 'stock market sahi hai'. Ahead of what will be India's biggest initial public offering, expected later this year, the government and the insurance major are planning a high-decibel awareness campaign for retail investors to ensure their participation in large numbers. "It may be along the lines of the highly successful campaign on mutual funds," an official privy to the developments said. The campaign will mainly target investors in tier II and tier III cities, and will be organised through the vast network of LIC agents to make the policyholders aware about investing in stock markets.
India Inc could face problems in repaying their debts, posing risks to lenders, who will have to strengthen their monitoring of growing non-performing assets, warns an International Monetary Fund working paper.
Justice V Jagannathan, while rejecting the plea, observed that granting Madani bail would put the security of the state and the nation at risk.
Illustration: Uttam Ghosh/Rediff.com After a brief respite at the year's start, FPIs have dumped shares worth more than $5.7 billion (Rs 42,596 crore), taking the cumulative net outflows since October to $10.5 billion (Rs 78,466 crore), and adding to the volatility on the bourses. The figure would have been a lot worse had it not been for net purchases to the tune of $5.7 billion in the primary market from October to date.
'KL and myself -- our mindsets are pretty similar and we want to take the game forward.'
'No qualifying tournaments have been able to be held yet, so in order to qualify and then compete in the event in 2021 -- it was too risky,' event CEO Andrea Nelson said.
New infections have spiked ahead of the Olympics, which are set to start in July
The government on Wednesday announced the appointment of veteran banker K V Kamath as chairperson of the newly set up Rs 20,000 crore development finance institution NaBFID to catalyse investment in the funds-starved infrastructure sector. Parliament had in March cleared the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 to support the development of long-term non-recourse infrastructure financing in India, including the development of the bonds and derivatives markets necessary for infrastructure financing.
As we celebrate the actor's much deserved award, Divya Nair presents 10 landmark films in Suriya's career, ranked in order of performance.
S Nagnath, President and CIO of DSP ML Mutual Fund says that he is bullish on the real estate sector. He also explains his logic behind starting a micro-cap fund and why investors can put their money in the same.
Investing in a thematic mutual fund that invests in a theme like 'infrastructure' or 'consumption' isn't without its pitfalls. Here's a checklist that you should run through before you put your money in such funds.
Kelly Castille and Kody Workman have been called 'attention-seeking' for their hanging off the edge of a cliff in the Humantay Lagoon in Peru image.
Few doubt that the markets are safe in the long run given the economy's growth path, it is in the short term that there are some fears.
The country's exports grew by 47.19 per cent to $35.17 billion on account of healthy growth in the outbound shipments of petroleum, engineering, and gems and jewellery, according to the provisional data of the commerce ministry. Imports during the month also rose by 59.38 per cent to $46.40 billion, leaving a trade deficit of $11.23 billion. Exports of petroleum, engineering, and gems and jewellery in July increased to $3.82 billion, $2.82 billion and $1.95 billion respectively, the data showed.
Bangladesh overcame a minor scare to keep their T20 World Cup 2021 hopes alive with a 26-run win over hosts Oman.
Any market correction, analysts say, would be an attractive entry point for risky assets, which should do well over the medium-to-long term.
A jump in COVID-19 hospitalisations of children in New York has sparked concerns in California amid a surge in Omicron variant infections.
Tennis star Naomi Osaka almost repeated Priyanka Chopra's risky Ralph & Russo outfit.
Risk is difficult to evaluate, warns Harsh Roongta.
Bandon Mein Tha Dum is about a team that hits rock-bottom, loses key players, has its global reputation shrink overnight, but despite all the setbacks, pulls off one of the greatest comeback victories in the history of international cricket, applauds Shailesh Karkera.
'Periods of high volatility are usually bad for mid-caps and this is something that has to be kept in mind.' 'Focus on quality is of paramount importance.'
After contracting for six months in a row, the country's exports grew by 5.27 per cent to $27.4 billion in September, Commerce and Industry Minister Piyush Goyal said on Thursday.
A series of questionable race control calls were made as Max Verstappen won his first F1 title.
'If Ranil Wickremesinghe starts repressing and suppressing the protesters who represent the people, that will pose a danger for him to continue in office.'
Be sure this isn't a case of the grass looking greener on the other side!
A handsome victory for the BJP in UP would act as confirmation of its recent political choices. The UP chief minister would be cemented in the popular mind as Mr Modi's chosen heir within the Hindutva fold, and presumably as his successor in New Delhi, observes Mihir S Sharma.
Investors need to get the timing of entry and exit right to make money in thematic and sector funds, suggests Sarbajeet K Sen.
A summary of Wednesday's action at the US Open on Day 3.
'All enemy positions lay exposed, providing immense information to the Indian Army and IAF to conduct successful flushing out operations.'