News for 'Sectoral Performance'

Modi attends Independence Day celebrations in Maldives

Modi attends Independence Day celebrations in Maldives

Rediff.com26 Jul 2025

Prime Minister Narendra Modi on Saturday graced the 60th Independence Day celebrations of the Maldives as the guest of honour, signalling a renewed warmth in bilateral ties after a spell of unease.

Regaining share key to more upside in automobile major Hero MotoCorp

Regaining share key to more upside in automobile major Hero MotoCorp

Rediff.com2 Jul 2025

Hero MotoCorp Ltd (HMCL) has been the best-performing auto stock over the last three months, gaining over 17 per cent during this period. Multiple tailwinds, especially on the rural front, are expected to boost its volumes. In addition to the demand drivers, new launches too should help drive growth both in the commuter and premium motorcycle categories.

Wipro Profits Up 10.9%

Wipro Profits Up 10.9%

Rediff.com18 Jul 2025

'We remain cautious in this environment, and the uncertainty continues.'

Most active equity funds beat benchmarks

Most active equity funds beat benchmarks

Rediff.com29 Apr 2025

Majority of equity fund managers were able to squeeze in some extra returns over their benchmarks in 2024-25 (FY25). While some managed to do so by delivering outsized returns during the equity market rally in the first half of the year (H1FY25), others succeeded by limiting the downside during the market downturn.

Pak gets $1 bn IMF loan despite India's strong objection

Pak gets $1 bn IMF loan despite India's strong objection

Rediff.com10 May 2025

India registered its protest at the board of IMF, which met on Friday to review the EFF lending programme for Pakistan.

'Indian Markets To Outperform For Next 20 Years'

'Indian Markets To Outperform For Next 20 Years'

Rediff.com29 May 2025

'When you have the best market at your doorstep, international diversification is a distraction.'

Private equity, VC bets drop to $4.7 billion in April

Private equity, VC bets drop to $4.7 billion in April

Rediff.com19 May 2025

Private equity and venture capital investments dropped to $4.7 billion in April this year on heightened uncertainty and high valuation expectations of sellers, a report said on Monday. The overall amount invested is 6 per cent lower than the $4.9 billion recorded in April 2024, and 20 per cent lower than the $5.9 billion in March 2025, the report by industry body IVCA and consultancy firm EY, said.

'Strong retail growth is expected'

'Strong retail growth is expected'

Rediff.com10 Feb 2025

'The retail business was somewhat slow initially, but it has picked up over the past seven to eight days. Following Makar Sankranti, there is a renewed sense of positivity.'

The New Dining Destinations of India

The New Dining Destinations of India

Rediff.com10 Jul 2025

Dining today isn't just about food -- it's about the experience and the story.

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rediff.com8 Nov 2024

India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand, consumer intelligence firm NielsenIQ said in its quarterly update on Thursday. Price-led growth stood at 1.5 per cent. According to NielsenIQ data, rural volume growth outpaced urban markets for the third straight quarter despite consumption softening in both regions.

Affordable Homes Within Reach As Banks Ease Lending Norms

Affordable Homes Within Reach As Banks Ease Lending Norms

Rediff.com8 Jul 2025

The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.

'Daam Kam, Dum Zyada': Top quotes from Modi's I-Day speech

'Daam Kam, Dum Zyada': Top quotes from Modi's I-Day speech

Rediff.com15 Aug 2025

Prime Minister Narendra Modi addressed the nation on Independence Day, focusing on economic growth, self-reliance, and national security. He emphasized manufacturing quality products at affordable prices, supporting farmers, and combating terrorism and infiltration.

Strong Q2 performance, growth outlook drive gains for Info Edge stock

Strong Q2 performance, growth outlook drive gains for Info Edge stock

Rediff.com30 Nov 2024

The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies. Strong revenue growth prospects for each of its online verticals - including recruitment, matrimony, real estate, education, and upside from its holdings in companies such as Zomato - had prompted Goldman Sachs to upgrade the stock. Info Edge's standalone revenue grew 10.6 per cent year on year (Y-o-Y) in Q2FY25, beating consensus. 99acres (+16.9 per cent Y-o-Y) and Jeevansathi (+33 per cent Y-o-Y) were drivers of growth while recruitment grew 8.5 per cent Y-o-Y.

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Rediff.com18 Jul 2025

In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment.

Kriti, Vikrant Win Big At IIFA Digital Awards

Kriti, Vikrant Win Big At IIFA Digital Awards

Rediff.com9 Mar 2025

The IIFA Digital Awards were announced on Saturday, March 8, 2025, night in Jaipur. Take the look at the winners.

Gaganyaan To Head To Space In Early 2027

Gaganyaan To Head To Space In Early 2027

Rediff.com25 Aug 2025

The Human-rated LVM3 vehicle, the Crew Escape System and the Crew Module and Service Module are all in final stages of testing and integration.

Exports fall 2.17% in May; trade deficit narrows

Exports fall 2.17% in May; trade deficit narrows

Rediff.com16 Jun 2025

After registering a positive growth for two months, India's exports slipped into negative territory again, contracting 2.17 per cent year-on-year to $38.73 billion in May due to a fall in global petroleum prices, while trade deficit narrowed at $21.88 billion during the month.

'No One Can Dare To Experiment A Maharashtra In Bihar'

'No One Can Dare To Experiment A Maharashtra In Bihar'

Rediff.com25 Jul 2025

'After the 2020 Bihar assembly polls when our party got only 43 seats and our ally the BJP got 73 seats, Nitish Kumar refused to become chief minister and assured the BJP that he will support the government led by anyone.' 'But the BJP's top leaders told Nitish Kumar that as the NDA contested the polls under his leadership, the next government will be headed by him.'

Mid-tier IT firms outpaced larger peers' growth in FY25

Mid-tier IT firms outpaced larger peers' growth in FY25

Rediff.com22 May 2025

Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Most of these companies - such as Persistent Systems, Coforge, KPIT, and Mphasis - focus on niche businesses and industries that allow them to go deeper in terms of client mining and expanding wallet share from existing customers.

Govt to operationalise Rs 1-trillion innovation fund in next 3 months

Govt to operationalise Rs 1-trillion innovation fund in next 3 months

Rediff.com29 May 2025

The Rs 1-trillion Research Development and Innovation (RDI) fund, which was announced in the July budget for FY25, of which Rs 20,000 crore has already been allocated, will be operationalised in the next two to three months, a top official said.

'Indian rupee best-performing Asian currency this year'

'Indian rupee best-performing Asian currency this year'

Rediff.com29 Jun 2024

'India represents one of the top opportunities with robust growth, solid fundamentals, and openness to foreign investment.'

Why Are Banks Striking On March 24-25?

Why Are Banks Striking On March 24-25?

Rediff.com7 Feb 2025

Bank employees want a five day work week.

IT Firms to Offer 3-6% Hikes

IT Firms to Offer 3-6% Hikes

Rediff.com17 Feb 2025

IT attrition rate is expected to be around 12% to 13% this year.

'UCO Bank's strategy is to raise capital in tranches'

'UCO Bank's strategy is to raise capital in tranches'

Rediff.com27 Jun 2025

'Raising the entire amount in one go may not be prudent, given the market dynamics.'

'If We Want India To Be A Source Of New Ideas...'

'If We Want India To Be A Source Of New Ideas...'

Rediff.com23 Jun 2025

'Despite being a software powerhouse, we're not producing proportionate original IP, frameworks, or global tech products originating in India.'

Real estate developers build a steady quarter even as demand woes bite

Real estate developers build a steady quarter even as demand woes bite

Rediff.com13 Jun 2025

India's top listed real estate developers reported steady growth in Q4FY25, supported by healthy pre-sales, even as earnings reflected signs of moderation amid elevated housing prices and subdued launches.

'Housing finance Sector Will Only Grow'

'Housing finance Sector Will Only Grow'

Rediff.com18 Jun 2024

'The demand for housing is always increasing, and so is housing shortage.'

Feb industrial growth down to 6-month low of 2.9%

Feb industrial growth down to 6-month low of 2.9%

Rediff.com11 Apr 2025

India's industrial production growth decelerated to a six-month low of 2.9 per cent in February 2025, mainly due to poor performance of the manufacturing, mining and power sectors, according to official data released on Friday. The government also revised upward the industrial growth figure to 5.2 per cent for January 2025 from the provisional estimate of 5 per cent released in March.

Kriti, Kartik Win Big At Zee Cine Awards

Kriti, Kartik Win Big At Zee Cine Awards

Rediff.com19 May 2025

Check out the winners at the Zee Cine Awards.

Turkish officials deny Ramdev's claim of maintaining crashed AI plane

Turkish officials deny Ramdev's claim of maintaining crashed AI plane

Rediff.com15 Jun 2025

Turkish officials on Sunday denied claims that the crashed Air India Boeing 787-8 Dreamliner had undergone maintenance by Turkish Technic, calling such allegations 'false' and 'disinformation'.

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

Banks to be on 2-day strike in March

Banks to be on 2-day strike in March

Rediff.com14 Mar 2025

The United Forum of Bank Unions (UFBU) on Thursday said its two-day nationwide strike on March 24 and 25 will be observed as scheduled since discussions with the Indian Banks' Association (IBA) over key demands failed to yield any positive outcome. In a meeting with the IBA, all UFBU constituents raised issues, including recruitment in all cadres and a five-day workweek.

'India is fastest growing market for SME segment'

'India is fastest growing market for SME segment'

Rediff.com21 Jul 2025

'India is a big market for StanC, and it is also fastest growing economy in the world.'

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Rediff.com2 May 2025

Adani Enterprises Ltd (AEL) reported an over sevenfold year-on-year (Y-o-Y) rise in its consolidated net profit, attributable to the owners of the company, for the January-March quarter of 2024-25 (Q4FY25) due to an exceptional item gain. The conglomerate's net profit was recorded at Rs 3,844.91 crore, up from Rs 450.58 crore a year ago.

HC quashes licence cancellation of drug firm linked to Uzbek deaths

HC quashes licence cancellation of drug firm linked to Uzbek deaths

Rediff.com15 Jun 2025

Justice Dinesh Pathak, allowing a writ petition filed by M/s Marion Biotech Private Limited, observed that he was surprised that Indian authorities are "trying to validate their proceedings" based on the judgement of the Supreme Court of the Republic of Uzbekistan.

5 Key Lessons From Microsoft Layoffs

5 Key Lessons From Microsoft Layoffs

Rediff.com16 May 2025

Professionals will be required to either learn new tech skills that focus on AI, cloud computing, or risk becoming obsolete, says Arun Prakash M.

Defence stocks on growth warpath as order blitz fuels bullish outlook

Defence stocks on growth warpath as order blitz fuels bullish outlook

Rediff.com12 May 2025

Defence stocks have been on a tear, with the Nifty India Defence index hitting all-time highs. Over the past week, the index jumped around 7 per cent, far outpacing the flat performance of the Nifty 50. Over the past month, its 12 per cent gain has trebled the benchmark's return.

Volume, margin gains likely to rev up M&M

Volume, margin gains likely to rev up M&M

Rediff.com15 May 2025

A robust show during the March quarter of 2024-25 (Q4FY25) and hopes of a strong demand momentum have led to an upward revision of Mahindra & Mahindra's (M&M's) earnings. With a slew of launches lined up amid a steady demand environment, brokerages see M&M outperforming peers in passenger vehicles (PVs), tractors and commercial vehicles (CVs).

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

Rediff.com13 Jun 2025

'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'

Why This Banker Didn't Get Promoted!

Why This Banker Didn't Get Promoted!

Rediff.com2 May 2025

The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?