News for 'SAP'

Time to opt for shorter-duration funds

Time to opt for shorter-duration funds

Rediff.com19 Oct 2021

Select the exact category by matching your investment horizon to the portfolio duration, suggests Sanjay Kumar Singh.

Watson expects Kohli to regain spark in Asia Cup

Watson expects Kohli to regain spark in Asia Cup

Rediff.com24 Aug 2022

'This month that he's had off cricket will make sure that that light's shining very bright going into this Asia Cup, knowing there's a T20 World Cup in Australia coming up very soon as well.'

Sensex dives 704 points on fag-end sell-off

Sensex dives 704 points on fag-end sell-off

Rediff.com19 Apr 2022

Markets went into a tailspin during fag-end of the trade on Tuesday, with the Sensex closing 703.59 points lower as weakness in HDFC twins and Infosys continued to dent sentiments. Concerns over rising inflation and foreign fund outflows in the wake of the uncertain geopolitical situation also sapped investor confidence. In a highly volatile trade, the Sensex finished 703.59 points or 1.23 per cent lower at 56,463.15 as fag-end selling emerged.

'We are not making Pakeezah or Umrao Jaan'

'We are not making Pakeezah or Umrao Jaan'

Rediff.com10 May 2022

'There are songs -- quite a few of them -- but the focus will be on the drama.'

Kunlavut, Seyoung emerge surprise India Open champs

Kunlavut, Seyoung emerge surprise India Open champs

Rediff.com22 Jan 2023

Thailand's Kunlavut Vitidsarn and Korea's An Seyoung emerged men's and women's singles champions respectively at the India Open Super 750 tournament.

RBI Guv on how the bank plans to manage liquidity

RBI Guv on how the bank plans to manage liquidity

Rediff.com8 Oct 2021

Observing that there is liquidity overhand of Rs 13 lakh crore in the system, RBI Governor Shaktikanta Das said on Friday that the exceptional measures undertaken during pandemic will be dealt in sync with macroeconomic developments to preserve financial stability. Since the onset of the pandemic, the Reserve Bank has maintained ample surplus liquidity to support a speedy and durable economic recovery, he said while announcing the outcome of the Monetary Policy Committee (MPC) meeting. The level of surplus liquidity in the banking system increased further during September 2021, with absorption under fixed rate reverse repo, variable rate reverse repo (VRRR) of 14 days and fine-tuning operations under the liquidity adjustment facility (LAF) averaging Rs 9 lakh crore per day as against Rs 7 lakh crore during June to August 2021, he said.

Delhi votes in high-stakes MCD polls amid tight security

Delhi votes in high-stakes MCD polls amid tight security

Rediff.com4 Dec 2022

There are 1,349 candidates in the fray and over 1.45 crore electors are eligible to exercise their franchise in the elections to the 250 wards of the Municipal Corporation of Delhi (MCD), the results of which may have ramifications beyond the national capital.

If All Of India Was Like Goa...

If All Of India Was Like Goa...

Rediff.com7 Jan 2023

The intrinsic inclusivity of Goa is the key to its great attraction, observes Rahul Singh.

Rupee drops 10 paise to close at all-time low of 82.40 per USD

Rupee drops 10 paise to close at all-time low of 82.40 per USD

Rediff.com10 Oct 2022

The rupee depreciated 39 paise to an all-time low of 82.69 against the US dollar in early trade on Monday as elevated crude oil prices and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and firm American currency sapped investor appetite, forex traders said. At the interbank foreign exchange, the rupee opened at 82.68 against the greenback, then slipped further to 82.69, registering a fall of 39 paise over its previous close.

Rupee slides to all-time low of 82.30 against dollar

Rupee slides to all-time low of 82.30 against dollar

Rediff.com7 Oct 2022

The rupee depreciated further by 13 paise to hit a new life-time closing low of 82.30 against the US dollar on Friday as a firm American currency and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and elevated crude oil prices sapped investor appetite, forex traders said. At the interbank foreign exchange market, the local currency opened at 82.19, then fell further to 82.43. It finally settled at an all-time low of 82.30 against the American currency, registering a decline of 13 paise over its previous close.

Delhi set for high-stakes MCD polls on Sunday

Delhi set for high-stakes MCD polls on Sunday

Rediff.com3 Dec 2022

The stage is set for the high-stakes civic polls in Delhi on Sunday, with poll authorities and security forces all geared up for the elections, largely being seen as a three-way contest among the Aam Aadmi Party, the Bharatiya Janata Party and the Congress.

A month of national lockdown can eat up 1-2% of GDP: Report

A month of national lockdown can eat up 1-2% of GDP: Report

Rediff.com26 Apr 2021

A month-long national lockdown to arrest the spread of COVID 2.0 could shave off 100-200 bps of GDP, leading to a 300 bps risk to annual growth, a brokerage report has flagged while expressing doubts over the ability of local lockdowns to control the pandemic. The second wave of the coronavirus inflection has caught the government off-guard with the daily cases jumping over 6.5 times in the past 30 days. With close to 3.53 lakh fresh daily infections, the country is the worst hit globally.

Who will win the battle of the Ashes opponents?

Who will win the battle of the Ashes opponents?

Rediff.com27 Oct 2022

Finch bristled when asked to address Border's comments, saying his slow knock was an anomaly and he was still 100% confident in his game.

'Growth has revived in certain segments'

'Growth has revived in certain segments'

Rediff.com9 Oct 2021

'There are some high-frequency indicators where uptick is visible and some where it is not'

Year Ender 2022: Greco Roman, junior wrestlers shine

Year Ender 2022: Greco Roman, junior wrestlers shine

Rediff.com24 Dec 2022

The Greco Roman style, a poor cousin of free style wrestling in India, had a lot cheer with historic three-medal performance at the U-23 World Championships through Sajan Bhanwala, Nitesh and Vikas.

Should RBI print money and finance govt's fiscal deficit?

Should RBI print money and finance govt's fiscal deficit?

Rediff.com15 Jun 2021

Experts disagree with the idea and the Reserve Bank of India (RBI), which has the sole right to print money, is not comfortable with it as well.

Rupee tanks 83 paise to close at record low of 80.79/USD

Rupee tanks 83 paise to close at record low of 80.79/USD

Rediff.com22 Sep 2022

The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments. Forex traders said the US Fed's rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite. Moreover, the strength of the American currency in the overseas market, a muted trend in domestic equities, risk-off mood and firm crude oil prices weighed on the rupee.

10 Foods to Control Blood Sugar

10 Foods to Control Blood Sugar

Rediff.com13 Feb 2023

Dr Smita Naram, co-founder of Ayushakti, explains how fruits like apples, guavas and cherries can help manage blood sugar levels.

Fitch sees RBI holding interest rates through FY22

Fitch sees RBI holding interest rates through FY22

Rediff.com9 Apr 2021

Fitch Solutions sees RBI keeping benchmark interest rates unchanged during the fiscal to March 2022 following its decision to buy Rs 1 lakh crore of government bonds. "We had initially expected another policy rate cut to arrest the rise in government bond yields since the Union Budget announcement in February. "However, having an explicit bond purchase guidance from the RBI following the announcement of the G-SAP will also achieve a similar effect, if not even be more effective than a rate cut on capping the increase in bond yields," it said in a note. The Reserve Bank of India (RBI) held its policy repurchase (repo) rate unchanged at 4 per cent at its monetary policy meeting on April 7.

Highlights of the RBI monetary policy

Highlights of the RBI monetary policy

Rediff.com6 Aug 2021

Monetary Policy Committee keeps key interest rate (repo) unchanged at 4% for 7th consecutive time; Consequently, reverse repo rate too remains unchanged at 3.35%; Bank rate also remains same at 4.25%;

India Must Play Lead Role For Peace In Ukraine

India Must Play Lead Role For Peace In Ukraine

Rediff.com24 Feb 2023

We have already suffered considerable collateral damage as a result of the war, and its continuance will continue to dampen our prospects for faster economic growth. We have a direct and legitimate interest in its early cessation, counsels former foreign secretary Shyam Saran.

Champions League PIX: Real thrash Liverpool in thriller

Champions League PIX: Real thrash Liverpool in thriller

Rediff.com22 Feb 2023

Real Madrid produced a stunning comeback from two goals down to earn a devastating 5-2 victory at Liverpool

Smallcap stocks slump as market seesaws in 2022

Smallcap stocks slump as market seesaws in 2022

Rediff.com28 Dec 2022

Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.

Why This Para-Athlete Is Forced To Sell Ice Cream

Why This Para-Athlete Is Forced To Sell Ice Cream

Rediff.com13 May 2022

Every week, we bring you fascinating videos, chosen by you, through your likes.

Uttar Pradesh and its 'sugarcane politics'

Uttar Pradesh and its 'sugarcane politics'

Rediff.com5 Dec 2021

Nitin Tyagi is a young farmer in Budhagaon village of Baghpat district of Uttar Pradesh. A few years ago, Tyagi left his fairly lucrative job in the medical industry and shifted base to his ancestral village to look after his land and property. He opened a small shop selling farm inputs in the village and also started taking a greater interest in agricultural matters which had so far been looked after by his father and uncles. Tyagi and his brothers primarily grow sugarcane, potato and wheat on nearly 10 acres of land with sugarcane taking up most of his time and effort. Being one of the most important and lucrative cash crops of the region, sugarcane is directly linked to the fate of millions of farmers in west UP and with it, the electoral fortunes of political parties seeking their votes in the coming assembly polls.

Few obstacles lie between Nadal and record 21st major

Few obstacles lie between Nadal and record 21st major

Rediff.com27 May 2021

Nadal has a habit of truly coming into his own at Roland Garros, as his 100-2 win-loss record testifies.

CBI files FIR in Air India software procurement 'scam'

CBI files FIR in Air India software procurement 'scam'

Rediff.com13 Jan 2017

The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.

EPL PIX: Liverpool, leaders Arsenal stunned

EPL PIX: Liverpool, leaders Arsenal stunned

Rediff.com5 Feb 2023

New Everton boss Sean Dyche's reign began with a shock 1-0 victory over English Premier League leaders Arsenal.

Russia now global economic pariah: US after sanctions

Russia now global economic pariah: US after sanctions

Rediff.com9 Mar 2022

'The Ruble is now down 50 per cent and worth less than one American penny since Putin announced his war'

Modi's gifts to Quad leaders: Gond painting, Sanjhi panel, box with Rogan painting

Modi's gifts to Quad leaders: Gond painting, Sanjhi panel, box with Rogan painting

Rediff.com24 May 2022

Prime Minister Narendra Modi on Tuesday gifted a Gond art painting, a specimen of Sanjhi art form and a wooden hand-carved box to his fellow Quad leaders from Australia, the US and Japan, sources said.

Aches, pains and tight scheds but Sharath unstoppable at 40

Aches, pains and tight scheds but Sharath unstoppable at 40

Rediff.com9 Aug 2022

His greatness is undisputed but probably has not been appreciated enough over the past two decades. Manika Batra had pushed the sport into spotlight with her four medal showing in Gold Coast four years ago and Sharath hopes his performances leads to millions of kids playing the game.

Excess liquidity in banking system back to pre-Covid levels

Excess liquidity in banking system back to pre-Covid levels

Rediff.com9 Jun 2022

Concerned over inflationary pressures in the economy, the Reserve Bank of India (RBI) is bringing down surplus liquidity in the system rapidly. It has fallen to pre-Covid levels and almost 2 per cent of banks' net demand and time liabilities (NDTL). NDTL shows the difference between the sum of demand and time liabilities (deposits) of a bank (with the public or the other bank) and the deposits in the form of assets held by the other bank.

Want To SKIP SUGAR? Try These Options

Want To SKIP SUGAR? Try These Options

Rediff.com21 Jun 2022

Replacing refined sugar with dates, honey, stevia can help you stay healthy.

India's hiring rate recovered moderately in May

India's hiring rate recovered moderately in May

Rediff.com6 Jul 2021

India's hiring rate has recovered moderately from 10 per cent in April to 35 per cent in May 2021, but the aftermath of the second COVID-19 wave has left professionals in India increasingly vulnerable to the economic uncertainty, as per LinkedIn data. India's hiring rate on LinkedIn dropped from 50 per cent in March 2021 to 10 per cent in April 2021. The hiring rate witnessed a modest revival to 35 per cent in May 2021, as localised curfews gradually lifted and economic activity partially resumed.

PIX: Verstappen beats Leclerc to win first Miami GP

PIX: Verstappen beats Leclerc to win first Miami GP

Rediff.com9 May 2022

Formula One world champion Max Verstappen won the inaugural Miami Grand Prix for Red Bull on Sunday, slashing Ferrari rival Charles Leclerc's overall lead from 27 to 19 points after five races.

Lambretta rides into the Indian sunset along with Scooters India

Lambretta rides into the Indian sunset along with Scooters India

Rediff.com15 Feb 2021

With Scooters India shutting down, the brand that launched the PSU in India finally rides into the sunset.

How the Tatas finally brought Maharaja home

How the Tatas finally brought Maharaja home

Rediff.com7 Feb 2022

The Tatas have the know-how to quickly close deals which can otherwise get caught in legal wrangle. In 2018, on the day the National Company Law Tribunal declared Tata Steel as the winner of the bid for bankrupt Bhushan Steel, Bhushan promoter Neeraj Singhal was planning to file for a stay order. He did get the case listed for the following day, but the judge did not admit it, deferring it until the following week. The Tatas used the narrow window of 48 hours to close the deal and take control of the company.

Ukraine war threatens another global recession, deglobalisation: Patra

Ukraine war threatens another global recession, deglobalisation: Patra

Rediff.com11 Mar 2022

The sweeping economic sanctions on Russia - the second largest producer of crude oil - following its invasion of Ukraine late last month can cull global and domestic growth along with the added pains of higher inflation and currency depreciation, RBI Deputy Governor Michael Patra has said. And if the war lingers on, it can even lead to deglobalisation and even a recession, he added. The ongoing war has only added a whole new dimension to the outlook, and in fact, a weighty downside, Patra said in a lecture at the industry lobby IMC on Friday evening.

Losses in index majors drag Sensex by 678 points

Losses in index majors drag Sensex by 678 points

Rediff.com29 Oct 2021

Tech Mahindra was the top loser in the Sensex pack, shedding over 3 per cent, followed by NTPC, IndusInd Bank, Kotak Bank and Reliance Industries. NSE Nifty fell 185.60 points to 17,671.65.