News for 'Spike'

Will Modi Opt For More Energy Imports From US?

Will Modi Opt For More Energy Imports From US?

Rediff.com11 Feb 2025

US shale oil would act as an alternative to India's heavy dependency on Russian crude, which is currently facing sanctions.

Top-level Indo-Bangla talks next week, first after Hasina's ouster

Top-level Indo-Bangla talks next week, first after Hasina's ouster

Rediff.com14 Feb 2025

The border forces of India and Bangladesh will hold their bi-annual talks next week in New Delhi, with issues such as border fence construction and attacks on BSF personnel and civilians by Bangladeshi miscreants figuring among the discussion points. The 55th Director General-Level Border Coordination Conference between BSF and the Border Guard Bangladesh (BGB) will be organised at the Border Security Force (BSF) headquarters in New Delhi between February 17-20. The conference will be the first top-level meeting between the two sides after the fall of the Sheikh Hasina government in August last year. Discussions will be held on prevention of attacks on BSF personnel and Indian civilians by Bangladesh-based miscreants/nationals, how to prevent trans-border crimes, construction of a single-row fence, action against Indian Insurgent Groups in Bangladesh, issues related to border infrastructure, joint efforts for effective implementation of the Coordinated Border Management Plan, Confidence Building Measures and other issues.

Trump Takes Centrestage At Energy Week 2025

Trump Takes Centrestage At Energy Week 2025

Rediff.com12 Feb 2025

'Trump is good news for us. Energy poverty is real, and fossil fuels are the answer.'

Prayagraj Airport handling 40 VIP flights daily

Prayagraj Airport handling 40 VIP flights daily

Rediff.com24 Feb 2025

The Prayagraj airport in India is experiencing a surge in air traffic due to the Maha Kumbh, a major religious festival. The airport is handling an average of 40 non-scheduled charters and private jets daily, with figures reaching 70 on weekends. This is in addition to the average 148 scheduled commercial passenger aircraft operating daily. The airport recently received a contingent of about 180 politicians from Rajasthan and has seen corporate bigwigs like the Ambani brothers, Gautam Adani, and Pawan Munjal pass through. The airport has also hosted four international flights since the beginning of the Maha Kumbh, including a flight carrying Laurene Powell Jobs, the wife of Apple co-founder Steve Jobs. The airport is currently undergoing an upgrade and expansion, and officials are looking forward to the government's plans to integrate Prayagraj with the airports at Kashi and Ayodhya to promote tourism in the region.

From no grounds to Ranji final: Kerala cricket's rise

From no grounds to Ranji final: Kerala cricket's rise

Rediff.com21 Feb 2025

Kerala advanced to their maiden Ranji Trophy final after clinching a dramatic two-run first-innings lead over Gujarat in the semi-finals on Friday.

Why are tigers in Maharashtra dying?

Why are tigers in Maharashtra dying?

Rediff.com18 Mar 2025

'The true measure of Project Tiger's success is not just rising tiger numbers, but our ability to ensure harmonious human-wildlife coexistence'

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

Rediff.com12 Jan 2025

The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. According to data published by the Life Insurance Council, LIC's premium dropped 41.15 per cent Y-o-Y to Rs 13,523.87 crore while private insurers reported 7 per cent growth in NBP to Rs 16,694.85 crore as the industry absorbs the impact of the revised surrender value norms.

'Avoid Panic Selling. Nifty To Hit 29,263'

'Avoid Panic Selling. Nifty To Hit 29,263'

Rediff.com21 Jan 2025

'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'

Rupee Slide: Tough Times For Overseas Corporate Debt

Rupee Slide: Tough Times For Overseas Corporate Debt

Rediff.com16 Jan 2025

Raising overseas debt has become prohibitively expensive due to the depreciating rupee.

Key factors that will drive the markets this week

Key factors that will drive the markets this week

Rediff.com12 Jan 2025

Investors will take cues from the December quarter corporate earnings, with blue-chips like Infosys, Reliance Industries scheduled to report their results this week, in addition, inflation data and trading activity of foreign investors will also be crucial in dictating market trends, analysts said.

Security beefed up at major railway stations after Delhi stampede

Security beefed up at major railway stations after Delhi stampede

Rediff.com16 Feb 2025

Following a stampede at New Delhi railway station and large crowds arriving for the Maha Kumbh, authorities in Uttar Pradesh have implemented stringent security protocols at key railway stations including Prayagraj, Varanasi, Ayodhya, Kanpur, Lucknow and Mirzapur. Measures include restricted entry, holding areas for passengers, increased security personnel, and improved facilities to prevent overcrowding.

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.

GBS situation in Pune linked to...: Health minister

GBS situation in Pune linked to...: Health minister

Rediff.com27 Jan 2025

Maharashtra Health Minister Prakash Abitkar has linked 80% of suspected Guillain-Barr Syndrome (GBS) cases in Pune to water contamination around a well in Nanded village. The state health department and the Pune Municipal Corporation (PMC) are taking measures to address the issue. The well is a source of water for surrounding villages, and officials suspect contamination is leading to the spike in GBS cases. The minister emphasized that GBS affects individuals with weak immunity, and campylobacter jejuni bacteria, usually causing stomach infection, can trigger the disease. The PMC has conducted water sample tests, with some showing evidence of norovirus and campylobacter jejuni. Clean drinking water is being provided through tankers to affected areas.

A Mother Weeps For Her Murdered Child

A Mother Weeps For Her Murdered Child

Rediff.com25 Oct 2024

Zahoor Ahmad Mir, an army porter, was murdered by terrorists.

Mumbai Test: Pant's Controversial Dismissal Sparks Debate

Mumbai Test: Pant's Controversial Dismissal Sparks Debate

Rediff.com3 Nov 2024

Rishabh Pant's fiery innings was abruptly cut short by a controversial LBW decision that has ignited a debate among cricket fans and experts alike.

'Hiring In IT Services, GCCs 30% Higher'

'Hiring In IT Services, GCCs 30% Higher'

Rediff.com23 Jan 2025

'A major IT services firm that previously had a demand of 1,000 to 2,000 employees now requires 7,000 to 8,000 -- a sizeable jump from the previous quarter.'

Delhi air quality plummets to alarming levels despite curbs

Delhi air quality plummets to alarming levels despite curbs

Rediff.com17 Dec 2024

Delhi's air quality plummeted to alarming levels on Tuesday after 24 days, with many areas witnessing a significant spike in pollution despite the strictest measures, including a ban on construction activities and the entry of trucks into the city, coming into force.

Secondary Market Saw Lacklustre Funding In 2024

Secondary Market Saw Lacklustre Funding In 2024

Rediff.com7 Jan 2025

Net flows from domestic institutional investors crossed Rs 5 trillion for the first time during a calendar year.

Can You Eat Rice if You Have Diabetes?

Can You Eat Rice if You Have Diabetes?

Rediff.com26 Dec 2024

rediffGURU Niharikka Budhwani offers advice on how to correct lifestyle disorders with the right diet and nutrition.

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks' credit costs up in Q3FY25 on higher provisions

Rediff.com27 Jan 2025

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.

'Highways Infrastructure Trust's AUM to be around Rs 25,000'

'Highways Infrastructure Trust's AUM to be around Rs 25,000'

Rediff.com31 Jan 2025

'By March-end, we should have closure of the PNC portfolio. After completion of PNC acquisition.'

Will Trump 2.0 See More US Oil To India?

Will Trump 2.0 See More US Oil To India?

Rediff.com22 Jan 2025

'The US is strongly placed to expand its crude supplies to India.'

India's cement sector sees a concrete 2024 with over 10 major deals

India's cement sector sees a concrete 2024 with over 10 major deals

Rediff.com23 Dec 2024

With over 10 deals announced in 2024, the cement sector logged the highest number of pacts, including acquisitions and fresh financial investments, in a single calendar year since 2014, with the combined value of investments over $3.5 billion. During the year so far, 11 deals have been announced, according to Bloomberg data.

BCCI reacts to Jaiswal's dismissal

BCCI reacts to Jaiswal's dismissal

Rediff.com30 Dec 2024

upon review, third umpire Saikat adjudged that there was a deflection off Jaiswal's gloves/bat based on the visual evidence.

EV sales in India up 27% in 2024 miss 2 million mark by a whisker

EV sales in India up 27% in 2024 miss 2 million mark by a whisker

Rediff.com30 Dec 2024

India's electric vehicle (EV) industry hit a new milestone in 2024, with sales surging 26.5 per cent year-on-year to 1.94 million units as of December 29, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH).

Budget 2025: Defence Must Be The Priority

Budget 2025: Defence Must Be The Priority

Rediff.com31 Jan 2025

'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.

Delhi's air quality worsens as people defy Diwali firecracker ban

Delhi's air quality worsens as people defy Diwali firecracker ban

Rediff.com1 Nov 2024

The city's air quality dropped to the "very poor" category, with an Air Quality Index of 330 at 10 pm.

Amazon sees gold rush in festival season

Amazon sees gold rush in festival season

Rediff.com7 Oct 2024

Amazon India has witnessed an 84 per cent year-on-year (Y-o-Y) increase in sales of hallmarked gold jewellery and posted a 5-fold spike in demand during the first two days of its ongoing Amazon Great Indian Festival (AGIF) sale event, which started on September 27. This demand is for brands such as Malabar Gold and Diamonds, PN Gadgil Jewellers, Joyalukkas, PC Chandra and KISNA, among others. According to current trends, customers buy fine jewellery starting at Rs 2,000 in the silver category and shell out up to Rs 40,000 for gold and diamond jewellery. In the last year, Amazon has seen more customers opt for 14 Karat purity.

How India's Batters Crumbled at the Wankhede...

How India's Batters Crumbled at the Wankhede...

Rediff.com3 Nov 2024

New Zealand's bowlers exploited the favorable conditions at the Wankhede Stadium, decimating India's top order in the early overs.

Recipe: Chaler Payesh

Recipe: Chaler Payesh

Rediff.com8 Nov 2024

A nut-filled basmati rice pudding from Bengal.

'All Algo Orders Shall Be Tagged'

'All Algo Orders Shall Be Tagged'

Rediff.com14 Dec 2024

'There has been a spurt of algo platforms, and algo developers, which are neither empaneled nor regulated, but are still active in the ecosystem.'

Planning A New Year Hol? Book Soon!

Planning A New Year Hol? Book Soon!

Rediff.com4 Dec 2024

Demand for the Christmas period is expected to rise further in the coming days.

Allu Arjun announces Rs 25 lakh to kin of stampede victim; boy critical

Allu Arjun announces Rs 25 lakh to kin of stampede victim; boy critical

Rediff.com7 Dec 2024

In a video posted on X, the 42-year-old actor said he wants to assure the grieving family that they are not alone in this painful situation and he will meet the family personally.

Stocks Crash: Worst Week in Years

Stocks Crash: Worst Week in Years

Rediff.com21 Dec 2024

The week's losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion.

RBI rate cut in Dec? Unlikely, say experts

RBI rate cut in Dec? Unlikely, say experts

Rediff.com2 Dec 2024

Despite gross domestic product (GDP) growth being lower-than-expected for the July-September quarter, the six-member Monetary Policy Committee (MPC) may not cut the policy repo rate in the review meeting scheduled for next week due to high inflation in October, according to experts. "Consumer Price Index (CPI) inflation breaching the upper limit of the RBI's tolerance band in October (6.2 per cent year-on-year) is not a favourable backdrop for the MPC to commence the easing cycle, even as the growth outcome disappointed the MPC's expectations," said Shreya Sodhani, regional economist at Barclays, who expects the policy repo rate to be kept unchanged in the December meeting.

Why the sprint queen is hanging up her spikes...

Why the sprint queen is hanging up her spikes...

Rediff.com9 Feb 2024

'My son needs me, my husband and I have been together since before I won in 2008. He has sacrificed for me'

FPI inflows into Indian equities drop sharply in 2024; rebound anticipated in 2025

FPI inflows into Indian equities drop sharply in 2024; rebound anticipated in 2025

Rediff.com25 Dec 2024

After a robust 2023, foreign investors significantly scaled back their investments in Indian equities in 2024, with net inflows amounting to over Rs 5,000 crore, as elevated domestic valuations, coupled with geopolitical uncertainties prompted investors to adopt a more cautious stance. Looking ahead to 2025, FPI flows into Indian equities could see a recovery, supported by a cyclical upswing in corporate earnings, particularly in domestic-oriented sectors like capital goods, manufacturing, and infrastructure, Vinit Bolinjkar, head of research, Ventura Securities, said.

'Pushpa 2' stampede: T'gana CM lambast 'inhuman' Allu Arjun

'Pushpa 2' stampede: T'gana CM lambast 'inhuman' Allu Arjun

Rediff.com21 Dec 2024

Telangana Chief Minister A Revanth Reddy has criticized Telugu actor Allu Arjun for attending the screening of 'Pushpa-2' despite police permission being denied. Reddy alleges that the actor continued to be present at the cinema hall even after a woman died in a stampede and criticized film personalities for showing more empathy to Allu Arjun after his arrest than to the injured boy involved in the incident. The CM also assured that there will be no special privileges for those involved in such incidents.

Credit card spends rise 14.5% in October on festive season purchases

Credit card spends rise 14.5% in October on festive season purchases

Rediff.com26 Nov 2024

Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. However, the volume of outstanding credit cards increased only marginally during the same period. The spike in spending comes at a time when nearly all major credit card issuers are calibrating their growth in the segment due to visible signs of stress.

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.