News for 'Wall Street'

Wall St fat cats see thin pay packets in '09

Wall St fat cats see thin pay packets in '09

Rediff.com17 Dec 2009

After extending billions of dollars to protect themselves from the economic turmoil, the US moved to arrest the trend of exorbitant pay among the nation's big entities like Citigroup, Bank of America and American International Group.

Harvard University sues Trump admin over federal fund freeze

Harvard University sues Trump admin over federal fund freeze

Rediff.com22 Apr 2025

The Trump administration has threatened to freeze more than $2.2 billion in grants and contracts if the university refused to submit to demands, including it eliminate diversity, equity and inclusion programs, ban masks at campus protests, enact merit-based hiring and admissions reforms, and reduce the power of faculty and administrators the White House has said are "more committed to activism than scholarship."

Biggest Prisoner Swap In West's History

Biggest Prisoner Swap In West's History

Rediff.com2 Aug 2024

The glimpses of USA President Joe Biden and Vice President Kamala Harris greet prisoners, who were released from detention in Russia, upon their arrival at Joint Base Andrews in Maryland, USA on Thursday, August 1, 2024.

US agency rebukes media reporting on AI171 crash probe

US agency rebukes media reporting on AI171 crash probe

Rediff.com19 Jul 2025

The US federal agency, National Transportation Safety Board (NTSB), responsible for the investigation of aviation accidents and significant transportation events in the country, on Friday (local time) issued a strong rebuke of recent media coverage made over the preliminary investigative report on the aftermath of the ill-fated Air India 171 crash that claimed 260 lives in Gujarat's Ahmedabad last month.

Sensex, Nifty rebound on buying in Infosys, HDFC Bank

Sensex, Nifty rebound on buying in Infosys, HDFC Bank

Rediff.com22 Jan 2025

Among Sensex shares, Infosys, Tata Consultancy Services, Tech Mahindra, Sun Pharmaceutical, Bajaj Finserv, HCL Technologies, Bajaj Finance, HDFC Bank, IndusInd Bank and Kotak Mahindra Bank were among the gainers. Tata Motors, PowerGrid, Axis Bank, State Bank of India, NTPC, Tata Steel and Adani Ports were the major laggards.

Trump Whale Theo Makes $50 Mn!

Trump Whale Theo Makes $50 Mn!

Rediff.com8 Nov 2024

The trader not only predicted a Trump win but also wagered on Trump's success in both the popular vote and several key swing states.

Why Short-Sellers Are Key For Balanced Market

Why Short-Sellers Are Key For Balanced Market

Rediff.com25 Jul 2025

When shorts are based on perceived corporate mismanagement or malfeasance, as in cases like Enron and Satyam, they enable the financial system to work efficiently, points out Devangshu Datta.

'Occupy Dalal Street' seeks the spotlight

'Occupy Dalal Street' seeks the spotlight

Rediff.com31 Oct 2011

Starting this Friday, Prakash Reddy, secretary of the Communist Party of India, plans to occupy Dalal Street accompanied by whoever he manages to woo by then.

Russia frees US scribe, ex-marine among 4 in prisoner swap deal

Russia frees US scribe, ex-marine among 4 in prisoner swap deal

Rediff.com2 Aug 2024

Among those released were the Wall Street Journal reporter Evan Gershkovich, former Marine Paul Whelan and journalist Alsu Kurmashev. This was part of multi-country deal with Russia.

Carlsen disqualified from World Rapid and Blitz for wearing jeans

Carlsen disqualified from World Rapid and Blitz for wearing jeans

Rediff.com28 Dec 2024

Defending champion Magnus Carlsen was disqualified from the World Rapid and Blitz Championship 2024 in Wall Street, New York, on Saturday for violating FIDE's dress code.

Trump to roll back some of Biden's orders

Trump to roll back some of Biden's orders

Rediff.com20 Jan 2025

Donald Trump is expected to sign a series of executive orders upon taking office, including those related to immigration, border security, energy and governance. These orders are intended to implement Trump's policy priorities, including restricting immigration, increasing energy production, and streamlining government operations. The executive orders will include declaring emergency on the southern border, preparing military deployment on the borders, classifying cartels as "foreign terrorist organisations", reinstating the "Remain in Mexico" policy, ending the "Catch and Release" policy, and declaring emergency related to energy. Trump is also expected to roll back some of the executive orders and actions of outgoing President Joe Biden, such as the Paris Climate agreement, lifting restrictions on fossil fuel production, and expanding domestic oil drilling.

Sensex rises 592 pts, Nifty closes above 25K on buying in IT, banking shares

Sensex rises 592 pts, Nifty closes above 25K on buying in IT, banking shares

Rediff.com14 Oct 2024

From the Sensex pack, Tech Mahindra, HDFC Bank, Larsen & Toubro, ITC, Infosys, IndusInd Bank, Kotak Mahindra Bank, Titan and HCL Technologies were among the gainers. Maruti Suzuki India, Tata Steel, Bajaj Finance, UltraTech Cement, Nestle India, Axis Bank and Tata Consultancy Services (TCS) were among the laggards.

Insecure, not happy person: Sam Altman jabs Elon Musk

Insecure, not happy person: Sam Altman jabs Elon Musk

Rediff.com12 Feb 2025

If completed, this deal would place OpenAI among the most valuable private companies globally, alongside Musk's SpaceX and ByteDance, the parent company of TikTok, according to The New York Times.

H1B Crisis: 'Trump Wants to Scare Indians'

H1B Crisis: 'Trump Wants to Scare Indians'

Rediff.com25 Sep 2025

'If I have to go back, I would rather go back now because I don't want to face that situation when I'm in my 40s.' A young couple's journey through immigration uncertainty reveals not just the human cost of policy announcements, but a surprising rekindling of love for the homeland left behind.

To The Rescue After The Cloudburst

To The Rescue After The Cloudburst

Rediff.com6 Aug 2025

Glimpses from India and around the world that will make you smile and cry.

Occupy Wall St: Who will meet protestors' demands?

Occupy Wall St: Who will meet protestors' demands?

Rediff.com23 Nov 2011

Last week's police actions against the 'Occupy' encampments -- from Oakland to New York in the United States -- will not snuff out the underlying energy, says Rajni Bakshi.

Lehman fraud: Merrill Lynch had warned Wall St

Lehman fraud: Merrill Lynch had warned Wall St

Rediff.com19 Mar 2010

Attributing to people familiar with the plan, the Financial Times said that SEC and Federal Reserve officials were warned by Merrill Lynch about Lehman's balance sheet calculations as far back as March 2008.

Sensex sheds 45 points in highly volatile trade

Sensex sheds 45 points in highly volatile trade

Rediff.com8 May 2024

Benchmark Sensex declined over 45 points in highly volatile trade on Wednesday, tracking weak Asian markets and continuous foreign fund outflows. Declining for the second straight session, the 30-share BSE Sensex fell 45.46 points or 0.06 per cent to settle at 73,466.39. During the day, it went lower by 437.93 points or 0.59 per cent to 73,073.92.

What A Drive In Bihar Tells You About Coming Election

What A Drive In Bihar Tells You About Coming Election

Rediff.com15 Sep 2025

Nowhere are the stories of the coming election better told than on the roads of Bihar.

AAIB warns against media speculation on AI crash, says probe underway

AAIB warns against media speculation on AI crash, says probe underway

Rediff.com17 Jul 2025

The Aircraft Accident Investigation Bureau (AAIB) has urged restraint in speculating about the cause of the Air India plane crash, emphasizing that the investigation is ongoing and premature narratives should be avoided.

Vaishali advances to World Blitz quarters; Humpy crashes out

Vaishali advances to World Blitz quarters; Humpy crashes out

Rediff.com31 Dec 2024

Rameshbabu Vaishali won the women's qualifier scoring 9.5 points out of 11 to advance to the quarter-finals of the World Blitz Championship.

Heavy rain batters Delhi, causes waterlogging; 2 killed

Heavy rain batters Delhi, causes waterlogging; 2 killed

Rediff.com29 Jul 2025

Heavy rains lashed Delhi, leading to a red alert, traffic snarls, and waterlogging. The IMD predicts continued rainfall.

Erigaisi in joint-lead at World Rapid and Blitz chess

Erigaisi in joint-lead at World Rapid and Blitz chess

Rediff.com28 Dec 2024

Russians Volodar Murzin and Alexander Grischuk, along with Duda Jan-Kryzstof of Poland, share the lead with Arjun on seven points after the end of the second day and Round 9 of the championship, which will decide the best player of the planet after 13 games.

Where Is Pope Francis Headed?

Where Is Pope Francis Headed?

Rediff.com25 Jul 2022

The pope will stay in Canada for a week and is expected to apologise to its indigenous people for the indignities perpetrated by the Church at every stop of his visit.

Dalal Street seen on the edge in May

Dalal Street seen on the edge in May

Rediff.com30 Apr 2013

Fund managers and analysts believe a lot would depend on the outcome of the Reserve Bank of India's rate-setting meeting on 3rd May.

Investors poorer by Rs 9 lakh cr as markets tank

Investors poorer by Rs 9 lakh cr as markets tank

Rediff.com28 Feb 2025

Investors' wealth tumbled by Rs 9 lakh crore on Friday, in tandem with a sharp decline in the domestic equity market, where the benchmark Sensex plunged 1,414 points following a bearish trend in global equities. Fresh tariff threats that ignited global trade war fears and relentless foreign fund outflows dented investor sentiment, analysts said.

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

Rediff.com13 Sep 2024

The US unit of PwC will lay off about 1,800 workers, marking its first formal job cuts since 2009 as the company seeks to restructure its technology group. This comes amid a slowdown in demand for some of its advisory business, according to a Wall Street Journal report. Half of the anticipated layoffs will target offshore positions, impacting a wide range of employees from associates to managing directors.

Trump threatens additional 50% tariffs on China as markets crash

Trump threatens additional 50% tariffs on China as markets crash

Rediff.com7 Apr 2025

United States President Donald Trump on Sunday warned of new and significantly higher tariffs on Chinese goods if Beijing does not withdraw a recent 34 per cent retaliatory tariff hike, threatening to end all ongoing talks with China.

Sensex sinks 1,062 points on selling in index majors

Sensex sinks 1,062 points on selling in index majors

Rediff.com9 May 2024

Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.

Why India Should Not Worry About Trump

Why India Should Not Worry About Trump

Rediff.com31 Jul 2025

Trump's method are more destabilising than his policy. So, a good idea these couple of years is to sip Kool-Aid, and savour the joys of Trumplomacy, asserts Shekhar Gupta.

Will Trump-Putin Reach A Deal On Ukraine?

Will Trump-Putin Reach A Deal On Ukraine?

Rediff.com2 Apr 2025

Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.

Adani baiter Hindenburg Research shuts down

Adani baiter Hindenburg Research shuts down

Rediff.com16 Jan 2025

The sudden and surprising announcement by Anderson comes within days of a Republican Congressman, a member of the House Judiciary Committee, asking the Department of Justice to preserve all the documents and communications related to the investigations of Adani and his companies.

US embassy officials in Kabul warned of Taliban takeover in July

US embassy officials in Kabul warned of Taliban takeover in July

Rediff.com20 Aug 2021

Nearly 23 officials signed the cable that went to Blinken and Director of Policy Planning Salman Ahmad, The Wall Street Journal added.

11 dead in stampede at RCB's celebration in Bengaluru

11 dead in stampede at RCB's celebration in Bengaluru

Rediff.com4 Jun 2025

Reports said seven persons were killed, but there was no confirmation of the same.

Mithun Manhas: Always at right place at right time!

Mithun Manhas: Always at right place at right time!

Rediff.com21 Sep 2025

Mithun Manhas: Street-Smart cricketer, who was always at the right place at right time

Mcap of BSE-listed cos hit Rs 400-lakh-cr milestone

Mcap of BSE-listed cos hit Rs 400-lakh-cr milestone

Rediff.com8 Apr 2024

From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank and JSW Steel were the major gainers. Wipro, Nestle, HDFC Bank and Bajaj Finance were among the laggards.

Why 500,000 Indians Visited Vietnam

Why 500,000 Indians Visited Vietnam

Rediff.com3 Jul 2025

Stunning landscapes, natural beauty, clean beaches, cultural wealth, mouth-watering food, shopping options, safety for solo travellers, warm hospitality, easy visas, and connectivity make Vietnam a must-visit destination, discovers Ramesh Menon.

F-1 Visa Changes: What Indian Students Should Do

F-1 Visa Changes: What Indian Students Should Do

Rediff.com11 Apr 2025

Pananjay Tiwari, founder and director of Impel Overseas Education, explains how the new changes can impact Indian students who are applying to US universities and those who are already studying in the US.

US Army grounds entire fleet of Chinook helicopters

US Army grounds entire fleet of Chinook helicopters

Rediff.com31 Aug 2022

India has about 15 CH-47 Chinook helicopters.

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.