News for 'US Fed'

'India Is A Stock Picker's Delight'

'India Is A Stock Picker's Delight'

Rediff.com9 Aug 2024

'In the short term you keep your return expectations very, very low; in the medium term be prepared to invest and in the long term growth will come and your returns from stocks will be high.'

'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.'

Rupee set to hold ground against greenback till Dec

Rupee set to hold ground against greenback till Dec

Rediff.com19 Oct 2024

After depreciating 0.32 per cent against the dollar in October so far, the rupee is expected to hold ground against the greenback in the current quarter on the back of robust inflows. According to the median of a Business Standard poll of 10 respondents, the rupee is seen trading around 84 per dollar till the end of December. "In India's case, at least the bond and cash related inflows will continue.

Sensex, Nifty settle lower in volatile trade

Sensex, Nifty settle lower in volatile trade

Rediff.com13 Sep 2024

Adani Ports was the biggest loser in the Sensex pack, declining 1.37 per cent, followed by ITC, Bharti Airtel, NTPC, Maruti, Asian Paints, Sun Pharma, Power Grid, Hindustan Unilever and Larsen & Toubro. In contrast, Bajaj Finserv, Bajaj Finance, IndusInd Bank, Tata Steel, Axis Bank and Tech Mahindra were among the gainers.

Sensex climbs 98 points to hit lifetime high

Sensex climbs 98 points to hit lifetime high

Rediff.com16 Sep 2024

NTPC was the biggest gainer on the Sensex chart, rising 2.44 per cent, followed by JSW Steel, Larsen & Toubro, ICICI Bank, Axis Bank, Nestle, Mahindra & Mahindra and Tata Steel. Bajaj Finance declined over 3 per cent. Hindustan Unilever, Bajaj Finserv, Adani Port and Asian Paints were the other laggards.

Abandoned newborn survives 50 wounds, animal bites

Abandoned newborn survives 50 wounds, animal bites

Rediff.com6 Nov 2024

The boy, who was barely two days old when he was found abandoned in Hamirpur, has defied all odds to not only get a new lease of life, but also a new name -- Krishna -- and most recently, a temporary abode, the government-run children's home in Prayagraj.

Sensex ends in red; Nify gains 1 point

Sensex ends in red; Nify gains 1 point

Rediff.com3 Sep 2024

Among the 30 Sensex firms, Bajaj Finance, Infosys, Adani Ports, JSW Steel, HCL Tech, Bharti Airtel, IndusInd Bank and Tata Motors were the biggest laggards. ICICI Bank, Bajaj Finserv, Titan, Nestle and HDFC Bank were among the gainers.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Jul 2024

The US Fed interest rate decision, ongoing quarterly earnings, macroeconomic data and FII trading activity are the major triggers that will drive stock markets this week, analysts said. Investors would also track global market trends and the movement in global oil prices for further cues. "This week, the focus will shift to global cues, particularly the US markets," Santosh Meena, Head of Research, Swastika Investmart Ltd said.

Two-headed calf born in Mangaluru, faces test of survival

Two-headed calf born in Mangaluru, faces test of survival

Rediff.com19 Sep 2024

In a rare event, a calf with two heads was born in the Kinnigoli area of Mangaluru. The calf, which has captured the attention of locals and veterinarians alike, is currently in good health, though its future remains uncertain.

Assembly can't restore Art 370, don't get misled by false promises: Azad

Assembly can't restore Art 370, don't get misled by false promises: Azad

Rediff.com29 Sep 2024

Addressing a series of election rallies in support of his party's candidates in Jammu on the last day of campaigning, Azad voiced concerns over the promises made by various political parties regarding the return of Article 370 and said these promises are not grounded in reality.

How Sensex, Nifty will fare this week

How Sensex, Nifty will fare this week

Rediff.com29 Sep 2024

Global trends, trading activity of foreign investors and domestic macroeconomic data announcements would dictate terms in the equity market in a holiday-shortened week ahead, analysts said. Equity markets would remain closed on Wednesday for Gandhi Jayanti. "Looking ahead, it will be interesting to monitor Foreign Institutional Investors (FIIs) and their flow into India.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com9 Jun 2024

The US Fed interest rate decision, domestic inflation data and global trends would be key driving factors in dictating movement in the market this week, as the Lok Sabha elections outcome and the RBI policy decision are behind us, analysts said. The past week was a roller-coaster ride for investors as markets swung sharply in both directions before closing with strong gains.

Comrade Sitaram Yechury, Lal Salaam!

Comrade Sitaram Yechury, Lal Salaam!

Rediff.com18 Oct 2024

Biman Basu, the senior-most Marxist leader in the country, pays homage to a comrade he has known and admired since the 1980s.

Sensex soars 1,359 pts to settle above historic 84,000 mark

Sensex soars 1,359 pts to settle above historic 84,000 mark

Rediff.com20 Sep 2024

From the 30 Sensex firms, Mahindra & Mahindra, JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel and Adani Ports were the biggest gainers. Tata Consultancy Services emerged as the only laggard.

My Son Raj Subramaniam, The FedEx CEO

My Son Raj Subramaniam, The FedEx CEO

Rediff.com18 Apr 2022

'He is a busy man these days, still, he makes it a point to call me at least once a month.'

FPI selling tops $10 bn in Oct amid China shift

FPI selling tops $10 bn in Oct amid China shift

Rediff.com22 Oct 2024

Foreign portfolio investors (FPIs) have net sold domestic shares worth over $10 billion so far this month amid a shift to China, which not only offers attractive valuations compared to India but has also announced several measures to support the economy and the stock market in recent weeks. If the trend doesn't reverse, this will be the first time that overseas funds will yank out more than $10 billion from Indian equity markets in a month.

US Fed hikes interest rates by 75 percentage points to combat inflation

US Fed hikes interest rates by 75 percentage points to combat inflation

Rediff.com16 Jun 2022

The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994.

EPL: City's nightmare continues; Liverpool extend lead

EPL: City's nightmare continues; Liverpool extend lead

Rediff.com1 Dec 2024

Marcus Rashford and Joshua Zirkzee bagged two goals apiece as Manchester United thumped Everton 4-0 on Sunday in new manager Ruben Amorim's first Premier League match at Old Trafford.

'Ratan Tata stood like a rock outside Taj Palace during 26/11'

'Ratan Tata stood like a rock outside Taj Palace during 26/11'

Rediff.com10 Oct 2024

The senior IPS officer said Tata displayed resoluteness, uncharacteristic of his calm demeanour, when the iconic hotel came under attack.

Recession fears add to IT sector concerns

Recession fears add to IT sector concerns

Rediff.com6 Aug 2024

Fear of a recession in the US due to rising unemployment has added to the concerns of India's IT services sector, which was seeing some growth returning after Q1FY25 results. The Nifty IT closed 3.26 per cent down, as major IT services companies' stock value fell. Tata Consultancy Services (TCS), India's largest IT services firm, saw its stock price fall 4 per cent during intraday trading.

Markets settle almost flat in volatile trade

Markets settle almost flat in volatile trade

Rediff.com27 Aug 2024

On the Sensex chart, Bajaj Finserv, Maruti, Larsen & Toubro, Bajaj Finance, Infosys, Axis Bank and ICICI Bank were the biggest gainers. Hindustan Unilever, JSW Steel, Titan, NTPC and Tata Motors were among the laggards.

'Lot Of Interest In GenAI And The Art Of Possible'

'Lot Of Interest In GenAI And The Art Of Possible'

Rediff.com28 Oct 2024

'GenAI programmes may not be large in terms of value, but have triggered a lot of new opportunities among clients.'

'Forget About EVM Hacking!'

'Forget About EVM Hacking!'

Rediff.com24 Nov 2024

'Party workers sit outside polling booths and they know everything that is happening.' 'Besides, as a voter when you push the EVM button to vote there is a paper slip that comes out showing you who you voted for.'

Reeta Sanyal Review: No Sense In This Series!

Reeta Sanyal Review: No Sense In This Series!

Rediff.com16 Oct 2024

Adah Sharma, who seems to be holding back an eye roll, is the only half-way decent actor amidst the crowd of amateurs and a bored-looking Rahul Dev in Reeta Sanyal, observes Deepa Gahlot.

Are The Markets Headed For A Bubble?

Are The Markets Headed For A Bubble?

Rediff.com11 Nov 2024

'The problem is that the bubble may not only be in valuations, but also in investors' minds.'

Sensex, Nifty surge on rally in US markets, foreign fund inflows

Sensex, Nifty surge on rally in US markets, foreign fund inflows

Rediff.com26 Aug 2024

Among the 30 Sensex firms, HCL Technologies, NTPC, Bajaj Finserv, Tech Mahindra, JSW Steel, Titan, Mahindra & Mahindra, Tata Steel, Larsen & Toubro and Tata Consultancy Services were the biggest gainers. Kotak Mahindra Bank, IndusInd Bank, Maruti and Hindustan Unilever were among the laggards.

Why Karan Johar is Taking Legal Action

Why Karan Johar is Taking Legal Action

Rediff.com13 Jun 2024

'Karan is fed up of his name being used for commercial purposes.'

TCS Q2 net profit up 4.99% to Rs 11,909 cr

TCS Q2 net profit up 4.99% to Rs 11,909 cr

Rediff.com10 Oct 2024

India's largest IT services firm TCS on Thursday reported a 4.99 per cent increase in its September quarter net profit at Rs 11,909 crore. The Tata Group company had reported a net profit of Rs 11,342 crore in the year-ago period, while in the preceding quarter, it had a post tax net of Rs 12,040 crore, a company filing said.

'I Have Ideas For Two Sequels For Andaz Apna Apna'

'I Have Ideas For Two Sequels For Andaz Apna Apna'

Rediff.com5 Nov 2024

'I may not have accrued a large bank balance, but I think I've earned something far valuable. Respect.' 'That's what Andaz Apna Apna brought me, and I wouldn't exchange that respect for any amount of money in the world.'

Lower production cost may support HZL margins

Lower production cost may support HZL margins

Rediff.com29 Oct 2024

During the September quarter (Q2FY25), Hindustan Zinc's (HZL's) revenue was reported at Rs 8,300 crore (up 22 per cent year-on-year or Y-o-Y, and 2 per cent quarter-on-quarter or Q-o-Q), marginally above consensus. Operating profit stood at Rs 4,100 crore (up 31 per cent Y-o-Y and 5 per cent Q-o-Q), also a small beat. The operating profit margin was 50 per cent, up from 48.5 per cent in Q1FY25.

RBI unlikely to cut interest rate in 2024: SBI chief Setty

RBI unlikely to cut interest rate in 2024: SBI chief Setty

Rediff.com18 Sep 2024

The Reserve Bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, State Bank of India (SBI) chairman C S Setty has said. The US Federal Reserve's first cut in interest rates in more than four years is expected soon, triggering central banks in other economies to follow suit. "On the rate front, a lot of central banks are taking independent calls.

PIX: Germany beat Bosnia to stay top; Salah sizzles

PIX: Germany beat Bosnia to stay top; Salah sizzles

Rediff.com12 Oct 2024

Germany forward Deniz Undav scored two first-half goals in six minutes to guide them to a 2-1 victory over Bosnia on Friday and keep them top of their Nations League group.

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.'

Dhonis Celebrate Wedding Anniversary

Dhonis Celebrate Wedding Anniversary

Rediff.com4 Jul 2024

'Starting our 15th year!'

Auto, IT stocks boost Sensex by 150 points

Auto, IT stocks boost Sensex by 150 points

Rediff.com14 Aug 2024

Among Sensex firms, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Infosys, Mahindra & Mahindra and Tata Motors were the biggest gainers. UltraTech Cement, JSW Steel, Tata Steel, Adani Ports, Power Grid and Bajaj Finserv were among the laggards.

Sensex gains 102 points in range-bound trade

Sensex gains 102 points in range-bound trade

Rediff.com21 Aug 2024

Among the Sensex firms, Titan, Asian Paints, ITC, Hindustan Unilever, Nestle India, Bajaj Finserv and Bharti Airtel were among the gainers. In contrast, UltraTech Cement, Tech Mahindra, Tata Steel, Power Grid, HDFC Bank, HCL Technology, State Bank of India and ICICI Bank were the laggards.

Champions League PIX: City dominate Slovan; Arsenal stun PSG

Champions League PIX: City dominate Slovan; Arsenal stun PSG

Rediff.com2 Oct 2024

IMAGES from the Champions League matches played on Tuesday.

How Can I Keep My Child Safe From Stray Animals?

How Can I Keep My Child Safe From Stray Animals?

Rediff.com7 Oct 2024

rediffGURU Dr Deepa Suvarna offers advice on how to protect your children from illnesses.

Rs 32,619 cr and rising: India Inc back with overseas bonds in 2024

Rs 32,619 cr and rising: India Inc back with overseas bonds in 2024

Rediff.com25 Jul 2024

Overseas fundraising by Indian firms is experiencing a robust revival in 2024, following a lacklustre 2023. This resurgence is primarily driven by strong demand for high-yield bonds from international investors amid improving liquidity conditions and reduced hedging costs. Indian companies raised ~32,619 crore through overseas bonds in the first half of 2024, surpassing the total amount raised via such instruments in the entire 2023, which stood at ~31,218 crore, according to PRIME Database. In comparison, ~45,237 crore was raised in 2022 and ~1.05 trillion was secured in 2021.