News for 'alternative data'

This start-up can help the next 100 million loan seekers

This start-up can help the next 100 million loan seekers

Rediff.com22 Sep 2017

Credit Vidya helps lenders assess credit and fraud risk for thin-file and new-to-credit customers.

Govt disallows mobile towers in core tiger habitats

Govt disallows mobile towers in core tiger habitats

Rediff.com6 Feb 2024

The Centre has disallowed installation of mobile towers in core or critical tiger habitats in the country, according to new guidelines by the environment ministry.

'Mr Modi Is Rattled'

'Mr Modi Is Rattled'

Rediff.com27 May 2024

The speech he gave in which he accused the Congress of getting black money in tempos from Ambani and Adani is remarkable.' 'It is a self-goal for sure, but indicates someone who has lost control, someone who is rattled.'

SBI submits electoral bond details to Election Commission

SBI submits electoral bond details to Election Commission

Rediff.com12 Mar 2024

The State Bank of India (SBI) on Tuesday evening submitted details of electoral bonds to the Election Commission of India in compliance with the Supreme Court order.

Retirement Portfolio: What You Must Know

Retirement Portfolio: What You Must Know

Rediff.com15 Mar 2024

'If equities perform well in a year, withdraw money from equities. If the equity market is down, shift withdrawal to the debt portion.'

'The impact of El Nino is always a matter of concern'

'The impact of El Nino is always a matter of concern'

Rediff.com6 Jun 2023

'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'

Online fraud attempts drop 29% during unlock

Online fraud attempts drop 29% during unlock

Rediff.com21 Oct 2020

Such attempts had risen sharply right before pandemic and early part of pandemic by 121 per cent.

India's Russian oil import hits 12-month low, but...

India's Russian oil import hits 12-month low, but...

Rediff.com5 Feb 2024

India's crude oil imports from Russia fell for a second straight month in January to its lowest in 12 months but the nation's insatiable appetite for Russian crude remains for the long term, according to data from energy cargo tracker and industry officials. Russia supplied 1.2 million barrels per day of crude oil to India in January, down from 1.32 million barrels in December and 1.62 million barrels in November 2023, according to data from energy cargo tracker Vortexa. Russia however continues to remain India's top oil supplier, accounting for a little less than a quarter of 4.91 million barrels a day of oil that the world's third largest energy consumer imported in January.

Be Warned! Haldi Prices Will Soar!

Be Warned! Haldi Prices Will Soar!

Rediff.com28 Jul 2023

Usually, turmeric is grown over 290,000-330,000 hectares of land. But in 2022-2023, according to official estimates, there has been a drop of about 10,000 hectares.

EV sales zoom past 1 million in 2023

EV sales zoom past 1 million in 2023

Rediff.com20 Sep 2023

Electric vehicle (EV) sales in India topped the 1 million mark in less than nine months in 2023, a milestone that took an entire year in 2022. According to data from the Ministry of Road Transport and Highways' Vahan Dashboard, 1,037,011 EVs were registered with regional transport offices till September 19, accounting for 6.4 per cent of the total automobile sales in the country this year. The sales surge can be attributed to increased individual purchases as well as business-to-business (B2B) acquisitions by EV fleet operators, industry sources said.

Delhi's air quality remains 'very poor', AQI at 306

Delhi's air quality remains 'very poor', AQI at 306

Rediff.com23 Oct 2023

'I think pollution levels have been rising in Delhi for the past 10-12 days. We can feel it in our eyes today. The smog is dense'

Airfares Zoom For Diwali Week!

Airfares Zoom For Diwali Week!

Rediff.com26 Oct 2023

During the Diwali week (November 10-16), airfares on major routes across the country have surged by up to 44 per cent.

India a safe haven for investors, says Mark Mobius

India a safe haven for investors, says Mark Mobius

Rediff.com2 Nov 2023

Amid current geopolitical challenges and a slowdown in global growth, veteran emerging market investor Mark Mobius called India a safe haven for investors, backed by a stable government. The renowned investor, who is excited about the opportunities available in India, said the country is now the second largest in the portfolio of Mobius Capital Partners after Taiwan. Calling India a "land of opportunities and innovation", he said that his optimism about India is driven by the stable government and young demographic, with an average age of 27 years.

Cambridge Analytica, firm linked to FB data breach, shuts down

Cambridge Analytica, firm linked to FB data breach, shuts down

Rediff.com3 May 2018

The company denies any wrongdoing, but says that the negative media coverage has left it with no clients and mounting legal fees which has forced it to resort to closure.

'Banks must be prepared for providing UPI credit'

'Banks must be prepared for providing UPI credit'

Rediff.com19 Jul 2024

'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'

Will Andhra Pradesh Follow Odisha Model?

Will Andhra Pradesh Follow Odisha Model?

Rediff.com16 May 2024

Will Andhra Pradesh follow the Odisha model, voting differently in Lok Sabha and assembly elections? Or will Odisha follow Andhra Pradesh, voting in new faces in both?

HDFC Bank-led FPI selloff: The fifth-highest weekly exit since 2008

HDFC Bank-led FPI selloff: The fifth-highest weekly exit since 2008

Rediff.com30 Jan 2024

Foreign portfolio investors (FPIs) sold shares worth Rs 20,170 crore ($2.4 billion) recently. This marked the fifth-highest weekly outflow from overseas funds since the beginning of 2008 and the largest since the last week of March 2020. Due to the Covid scare, FPIs had sold shares worth Rs 21,951 crore during that week, causing the market to decline by nearly 20 per cent.

AIF returns trailed market gains in Dec

AIF returns trailed market gains in Dec

Rediff.com25 Jan 2024

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent

LIC's market share drops to 59% till September from 68.7% in a year

LIC's market share drops to 59% till September from 68.7% in a year

Rediff.com10 Oct 2023

The share of Life Insurance Corporation of India (LIC) in monthly new business premium (NBP) in the life insurance sector declined to 58.50 per cent in September 2023 from 68.25 per cent in September 2022 -- a drop of 975 basis points -- owing to shortcomings in the product and distribution side of business. However, the market share saw a marginal uptick from the 57.37 per cent recorded in August this year. According to the monthly business data released for September 2023 by the Life Insurance Council, the NBP of LIC up to September 2023 stood at Rs 92,462.62 crore as compared to about Rs 1.25 trillion in the same period a year ago.

'We Are Frittering Away The Demographic Dividend'

'We Are Frittering Away The Demographic Dividend'

Rediff.com27 Jun 2024

'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'

Ruling MNF holds edge in Mizoram, but rise of new party is a challenge

Ruling MNF holds edge in Mizoram, but rise of new party is a challenge

Rediff.com9 Oct 2023

The ruling Mizo National Front led by Zoramthanga is looking for a second straight term in the 2023 assembly polls.

Looking For Start-up Funding, Business Ideas?

Looking For Start-up Funding, Business Ideas?

Rediff.com21 Feb 2024

To be a leader you will have to deliver value to your clients and build trust, says rediffGURU Baqar Iftikhar Naqvi, CEO, Upriver.

U'khand tunnel rescue op may last 2-3 more days: Union minister

U'khand tunnel rescue op may last 2-3 more days: Union minister

Rediff.com16 Nov 2023

He said he has spoken to the trapped labourers.

How Co-living Is Helping Young Millennials

How Co-living Is Helping Young Millennials

Rediff.com20 Mar 2024

'Factors such as working professionals seeking better lifestyles, traditional housing challenges, community and networking, and urban migration for jobs are driving the growth in the co-living segment.'

Tata Motors reports highest-ever monthly retail sales in November

Tata Motors reports highest-ever monthly retail sales in November

Rediff.com12 Dec 2023

Tata Motors recorded its highest-ever monthly retail sales in November on the back of robust demand for its sports utility vehicles amid the festive period, according to a top company official. In an interaction with PTI, Tata Motors passenger vehicles managing director Shailesh Chandra said the automaker retailed around 53,000 units in November, which was 8 per cent higher as compared to October this year and 30 per cent up as compared to sales in November 2022. The company also witnessed strong sales performance in the 47 days long festive period this year with registrations of around 79,374 units, up 18 per cent over the same period of last year.

Regulators slap Rs 2.70-cr fine on Mumbai airport, IndiGo, AI and SpiceJet

Regulators slap Rs 2.70-cr fine on Mumbai airport, IndiGo, AI and SpiceJet

Rediff.com18 Jan 2024

Aviation security regulator BCAS on Wednesday slapped fines totalling Rs 1.80 crore on IndiGo and Mumbai airport operator MIAL over the incident of passengers having food on the airport's apron. The apron is the area around the aircraft where it has finally parked for deboarding.

Smallcap pie grows as retail investor faith soars

Smallcap pie grows as retail investor faith soars

Rediff.com18 Dec 2023

Retail investors now own a bigger slice of smallcap companies than at the start of 2023-24 (FY24), underscoring their growing conviction about investing in this red-hot space. Data from Capitaline shows mutual funds' (MFs') average holding in the National Stock Exchange Nifty Smallcap 250 rising to 9.26 per cent from 8.67 per cent during the first six months of FY24, with the number of companies with over 20 per cent MF holdings increasing from 24 to 28. In comparison, MF holdings in Nifty50 companies have gone up only marginally, from 9.67 per cent to 9.75 per cent.

PE/VC investments nearly halve in Feb 2023

PE/VC investments nearly halve in Feb 2023

Rediff.com20 Mar 2023

Investments by private equity and venture capital funds declined by 44 per cent to $3.7 billion in February compared to the same period a year ago, a report said on Monday. The bets by the long-term investors were 13 per cent lower when compared to the investments in the preceding month of January, the report by industry lobby Indian Venture and Alternate Capital Association and consultancy firm EY, said. "...rising global recession concerns, increasing cost of capital and mismatch in valuation expectations between sellers and investors are turning out to be major impediments in the deployment of capital," EY's partner Vivek Soni said.

12 Modi Myths Election Results Busted

12 Modi Myths Election Results Busted

Rediff.com11 Jun 2024

'Besides Ayodhya, the BJP lost in nine other constituencies with a Ramayana imprint; it tasted success only in Thrissur.' 'In Rameswaram, K Navaskani of the Indian Union Muslim League won with a 44% voteshare in a 84% Hindu constituency.' 'In the 21 seats in the Ayodhya and Varanasi regions, both crucial to the Hindutva project, the BJP won just 7.' 'It won just 3 out of 12 seats around Modi's constituency,' points out Krishna Prasad.

'Some Cooling-Off In Small Caps'

'Some Cooling-Off In Small Caps'

Rediff.com3 Apr 2024

'More than investors, fund houses, and advisors have raised caution and limited flows on small-and mid-caps.'

Card tokenisation deadline extended by 6 months till Jun-end

Card tokenisation deadline extended by 6 months till Jun-end

Rediff.com23 Dec 2021

The Reserve Bank of India (RBI) on Thursday extended the card-on-file (CoF) tokenisation deadline by six months to June 30, 2022, in view of various representations received from industry bodies. Card-on-file, or CoF, refers to card information stored by payment gateway and merchants to process future transactions. The earlier deadline was December 31, 2021. "In light of various representations received in this regard, we advise...the timeline for storing of CoF data is extended by six months, ie., till June 30, 2022 and post this, such data shall be purged," RBI said in a notification addressed to all payment system providers and payment system participants.

Relief for Delhiites as rain clears haze, improves air

Relief for Delhiites as rain clears haze, improves air

Rediff.com10 Nov 2023

The air quality is expected to improve further due to wind speed favourable for the dispersion of pollutants.

Kejriwal unveils winter action plan to curb Delhi's pollution

Kejriwal unveils winter action plan to curb Delhi's pollution

Rediff.com29 Sep 2023

Delhi Chief Minister Arvind Kejriwal on Friday said pollution levels declined in the national capital due to government initiatives as he announced a 15-point winter action plan to curb pollution.

Ashok Leyland's telematics is a next gen solution

Ashok Leyland's telematics is a next gen solution

Rediff.com14 Jan 2023

According to reports, by last year, the company has helped its customers save 15 per cent on costs -- around 5-6 per cent on fuel and 15 per cent on fleet utilisation through digital measures.

'Nuclear Has To Get Into Achche Din'

'Nuclear Has To Get Into Achche Din'

Rediff.com20 May 2024

'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'

Delhi may see best Diwali day air quality in 8 years if...

Delhi may see best Diwali day air quality in 8 years if...

Rediff.com12 Nov 2023

This time, Delhi saw a sharp improvement in air quality just ahead of Diwali which can be attributed to intermittent rainfall on Friday and wind speed favourable for the dispersion of pollutants.

UK air traffic control outage to cause chaos for days

UK air traffic control outage to cause chaos for days

Rediff.com30 Aug 2023

The United Kingdom government on Tuesday said that though the air traffic control 'technical issue' that led to the severe disruption of hundreds of flights and left thousands of passengers stranded has been resolved, routes will continue to be affected for some days as airlines scramble to recover from the domino effect on their schedules.

'Will Banking Career Affect Marriage Prospects?'

'Will Banking Career Affect Marriage Prospects?'

Rediff.com22 May 2024

Shekhar Kumar, an HR expert, talent, and client acquisition leader at SEPL offers advice on how to grow professionally.

Army faces shortage of 6800 officers, govt tells LS

Army faces shortage of 6800 officers, govt tells LS

Rediff.com21 Jul 2023

There is a shortage of officers at the major and captain levels in the army with over 6,800 vacancies, but the available strength is "sufficient" to meet the current operational requirements, Parliament was informed on Friday.

RBI action may weigh on growth, increase costs for Bank of Baroda

RBI action may weigh on growth, increase costs for Bank of Baroda

Rediff.com19 Oct 2023

The Reserve Bank India's (RBI's) decision to ban the onboarding of new accounts on the "bob World" mobile digital platform led to a selloff in the Bank of Baroda (BoB) stock. The stock of the public sector bank dropped by around 3 per cent. The central bank cited "material supervisory concerns"; news reports claimed mobile numbers were randomly linked to accounts to purportedly inflate registrations on bob World.