News for 'construction'

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

Domestic expansion, Europe recovery to drive growth for Tata Steel

Domestic expansion, Europe recovery to drive growth for Tata Steel

Rediff.com5 Nov 2025

There is positive sentiment for Tata Steel on the basis of strong domestic demand, a turnaround of European operations and moderate valuations. A combination of capacity expansion, efficiency gains, higher asset utilisation, and improved operating leverage may lead to margin expansions.

Adani Power Q2 net profit falls 12% to Rs 2,906 cr

Adani Power Q2 net profit falls 12% to Rs 2,906 cr

Rediff.com30 Oct 2025

Adani Power on Thursday posted a 12 per cent decline in consolidated net profit to Rs 2,906 crore in the September quarter, driven by a rise in expenses. It had clocked a net profit of Rs 3,297.52 crore in the July-September period of the preceding 2024-25 financial year, the Adani Group entity said in an exchange filing.

Adani Energy Q2 net profit dips 28% to Rs 557 cr

Adani Energy Q2 net profit dips 28% to Rs 557 cr

Rediff.com27 Oct 2025

Adani Energy Solutions on Monday posted a 28 per cent decline in consolidated net profit to Rs 557.10 crore for the September quarter, mainly due to one-time adjustment of deferred tax of Rs 314 crore in the year-ago period. Adani Energy Solutions Ltd (AESL) had reported a net profit of Rs 773 crore in the July-September quarter of the last fiscal.

Vedanta net profit plunges 59% on exceptional losses

Vedanta net profit plunges 59% on exceptional losses

Rediff.com1 Nov 2025

Mining major Vedanta's consolidated net profit plunged 58.69 per cent year-on-year (Y-o-Y) to Rs 1,798 crore in the second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported a net exceptional gain of Rs 1,160 crore in Q2FY25.

India among UBS' preferred bets amid positive EM outlook

India among UBS' preferred bets amid positive EM outlook

Rediff.com29 Oct 2025

UBS has turned bullish on emerging markets (EM), including India, as it finds benign macro trends, positive momentum in earnings revisions, and resilient EM currencies helping these economies sustain higher valuations and attracting flows. Among regions, it has upgraded Mainland China to 'attractive' and China Tech to 'most attractive', while downgrading Philippines to 'neutral'.

Yogi: Halal products banned as they funded conversions

Yogi: Halal products banned as they funded conversions

Rediff.com22 Oct 2025

Uttar Pradesh Chief Minister Yogi Adityanath has said that while British and French colonialism are often discussed in history, there is little mention of 'political Islam', which, he claimed, has inflicted the greatest blow on the Sanatan Dharma.

Offended by TV ad, Trump stops trade talks with Canada

Offended by TV ad, Trump stops trade talks with Canada

Rediff.com24 Oct 2025

United States President Donald Trump on Thursday night announced the termination of all trade negotiations with Canada, citing an anti-tariff advertisement that used a clip of former US President Ronald Reagan.

'It Was Always Anil Kapoor For Tezaab'

'It Was Always Anil Kapoor For Tezaab'

Rediff.com28 Oct 2025

Aditya Pancholi has claimed he was the first choice to play the lead role opposite Madhuri Dixit in Tezaab, a role that eventually went to Anil Kapoor.

India's Housing Finance Sector Hits Home Run

India's Housing Finance Sector Hits Home Run

Rediff.com29 Oct 2025

India's housing finance sector is riding a wave of post-pandemic revival, driven by policy support, digital innovation, and growing demand from younger homebuyers in emerging cities.

Demand recovery to drive gains for Nestle India

Demand recovery to drive gains for Nestle India

Rediff.com27 Oct 2025

Packaged food major Nestle India posted better than expected September quarter results led by strong volume growth across its key segments. While there were margin pressures due to elevated raw material costs, there could be some relief with easing prices in the near term.

Could The Kurnool Bus Tragedy Have Been Avoided?

Could The Kurnool Bus Tragedy Have Been Avoided?

Rediff.com30 Oct 2025

'This tragedy will not be the last -- you shall witness another tomorrow, perhaps another the day after, and increasingly more.'

After 40 yrs underground, 2 top Maoist leaders surrender in Telangana

After 40 yrs underground, 2 top Maoist leaders surrender in Telangana

Rediff.com28 Oct 2025

Two senior leaders of the banned CPI (Maoist), including a Central Committee Member underground for over four decades, surrendered to Telangana police, citing health issues, pressure from security forces, and ideological differences.

How are you getting money? Cong questions RSS registration, funding sources

How are you getting money? Cong questions RSS registration, funding sources

Rediff.com22 Oct 2025

Karnataka Minister Priyank Kharge and Congress leader B K Hariprasad have raised concerns about the RSS not being a registered organization and questioned the sources of its funding, alleging that this lack of registration allows the RSS to evade government regulations. BJP leaders have defended the RSS, stating that registration is not mandatory for all organizations.

Nitish Kumar's Education Reforms: Top Grades Then Slide

Nitish Kumar's Education Reforms: Top Grades Then Slide

Rediff.com3 Nov 2025

The story of Bihar's educational reform is a lesson for all reforms done halfway.

Several priceless jewels stolen in Louvre Museum heist in Paris

Several priceless jewels stolen in Louvre Museum heist in Paris

Rediff.com19 Oct 2025

French Culture Minister Rachida Dati confirmed the incident on X, saying, "A robbery took place this morning at the opening of the Louvre Museum."

Trio win Nobel Economics for explaining how innovation fosters economic growth

Trio win Nobel Economics for explaining how innovation fosters economic growth

Rediff.com13 Oct 2025

The Royal Swedish Academy of Sciences announced on Monday that it has decided to award the Nobel Prize in Economics 2025 to Joel Mokyr, Philippe Aghion, and Peter Howitt "for having explained innovation-driven economic growth." The 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel goes to the trio, with one half awarded to Mokyr "for having identified the prerequisites for sustained growth through technological progress" and the other half jointly to Aghion and Howitt "for the theory of sustained growth through creative destruction."

'Rising loan appeal hits corporate bond market's momentum'

'Rising loan appeal hits corporate bond market's momentum'

Rediff.com30 Oct 2025

India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.

Steel industry flags price pressure from cheap imports

Steel industry flags price pressure from cheap imports

Rediff.com27 Oct 2025

Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.

PF, LTA, GST: Tax Tips YOU Must Know

PF, LTA, GST: Tax Tips YOU Must Know

Rediff.com9 Oct 2025

rediffGURU T S Khurana answers readers' personal income tax queries

Tanvi wins silver, ends 17-year wait

Tanvi wins silver, ends 17-year wait

Rediff.com19 Oct 2025

Tanvi Sharma's bid to script history by winning a gold medal at the BWF World Junior Championships ended in heartbreak as she lost in straight games to Thailand's Anyapat Phichitpreechasak

'Only BJP Can Defeat BJP In Gujarat'

'Only BJP Can Defeat BJP In Gujarat'

Rediff.com21 Oct 2025

'The BJP's top leadership realised that their cadres are not happy with them, so they changed the ministers and got in new faces.'

'All I Want Is A Roof Of My Own'

'All I Want Is A Roof Of My Own'

Rediff.com24 Oct 2025

Hardworking people who toil from dawn to dusk and beyond speak about their everyday lives and what they want from the sarkar as Bihar prepares to vote.

'Nicobar's exploitation portrayed as strategic defence project'

'Nicobar's exploitation portrayed as strategic defence project'

Rediff.com28 Oct 2025

Over 70 scientists, environmentalists, and former bureaucrats are urging the Indian government to reconsider the Great Nicobar Island project, citing environmental and social concerns.

Indian Navy commissions anti-submarine warfare vessel 'Androth'

Indian Navy commissions anti-submarine warfare vessel 'Androth'

Rediff.com6 Oct 2025

Indigenously built by a Kolkata-based company, the vessel embodies India's growing shipbuilding prowess with over 80 per cent locally sourced components.

9 migrant workers killed in Chennai building collapse

9 migrant workers killed in Chennai building collapse

Rediff.com1 Oct 2025

Nine migrant workers died after an under-construction building collapsed at the Ennore thermal power station in Chennai. Authorities have responded, and compensation has been announced for the families of the deceased.

Fadnavis firefights after Amit Shah says 'don't need crutches'

Fadnavis firefights after Amit Shah says 'don't need crutches'

Rediff.com27 Oct 2025

Union Home Minister Amit Shah challenged BJP cadre to ensure the opposition is defeated in the upcoming local body polls in Maharashtra. He emphasized the party's strength and commitment to performance-based politics, citing PM Modi as an example.

'My Faith In Rahul Gandhi Has Been Broken'

'My Faith In Rahul Gandhi Has Been Broken'

Rediff.com27 Oct 2025

'I fail to understand why when Rahul Gandhi himself gave me hope that I would contest the polls, how come other Congress leaders did not consider my name?'

Nehru prevented Sardar Patel from integrating Kashmir: Modi

Nehru prevented Sardar Patel from integrating Kashmir: Modi

Rediff.com31 Oct 2025

Prime Minister Narendra Modi on Friday launched a sharp attack on country's first premier Jawaharlal Nehru, claiming he prevented Sardar Vallabhbhai Patel from fully integrating Kashmir into the Indian Union.

Jaipur hospital fire: Sacked official claims he warned authorities

Jaipur hospital fire: Sacked official claims he warned authorities

Rediff.com7 Oct 2025

Following a devastating fire at a Jaipur hospital that killed six, an official claims he warned authorities about safety issues prior to the incident, but no action was taken. Relatives allege negligence and abandonment by hospital staff during the fire.

Bihar polls: Tejashwi's stronghold faces BJP challenge

Bihar polls: Tejashwi's stronghold faces BJP challenge

Rediff.com26 Oct 2025

Raghopur assembly constituency in Bihar prepares for a high-stakes election where voters may be deciding the next chief minister. Tejashwi Yadav, the RJD's CM candidate, seeks a third term, facing a strong challenge from BJP's Satish Kumar.

Trump slaps 100% tariffs on imported pharma products

Trump slaps 100% tariffs on imported pharma products

Rediff.com26 Sep 2025

United States President Donald Trump on Friday announced that his administration will impose a 100 per cent tariff on branded and patented pharmaceutical products beginning October 1, 2025, unless the manufacturing companies are building production facilities in the US.

'Safety Of The Children Was Paramount'

'Safety Of The Children Was Paramount'

Rediff.com31 Oct 2025

'The rescue of 17 children represents exemplary police action that merits considerable appreciation.' 'However, this encounter was profoundly unfortunate because somebody has lost his life.'

Have Your Kids Built A Diwali Killa?

Have Your Kids Built A Diwali Killa?

Rediff.com23 Oct 2025

Diwali celebrations in Maharashtra would be incomplete without the making of the killa, a playful ritual rooted in tradition and creativity, where children and adults come together to craft miniature forts made using mud, sand and clay.

Doctor kills wife by administering anaesthetic drug, arrested

Doctor kills wife by administering anaesthetic drug, arrested

Rediff.com16 Oct 2025

Despite being a doctor, Mahendra allegedly did not perform CPR. She was taken to a nearby hospital, where doctors declared her dead on arrival, Muni Reddy alleged. Postmortem and Forensic Science Laboratory (FSL) reports later confirmed the presence of anaesthetic substances in her organs, police said.

Developers could buck housing slowdown in Q2

Developers could buck housing slowdown in Q2

Rediff.com22 Oct 2025

Top real estate developers are expected to report improved earnings and resilient presales growth, even as overall housing sales across major Indian cities declined during the July-September quarter (Q2) of 2025-26. The anticipated earnings growth in what is typically a subdued quarter is credited to steady sustenance sales, improved collections, the strong positioning of listed developers, and sustained demand for premium homes.

'Bihar Is At A Takeoff Stage'

'Bihar Is At A Takeoff Stage'

Rediff.com28 Oct 2025

''Now the roads in Bihar are as good as any other Indian state. The power sector has improved.' 'Connectivity, law and order, gender justice...' 'Bihar now stands for all these things that were totally absent when it was under jungle raj.'

India, Canada unveil roadmap to revive ties

India, Canada unveil roadmap to revive ties

Rediff.com13 Oct 2025

India and Canada have unveiled a roadmap to boost cooperation in trade, critical minerals, and energy, signaling efforts to rebuild strained relations following the killing of a Sikh separatist in 2023. Discussions include addressing concerns over pro-Khalistan elements and pursuing a balanced partnership.

Why Mamata is seeking compensation from Bhutan

Why Mamata is seeking compensation from Bhutan

Rediff.com13 Oct 2025

Mamata said at Nagrakata in Jalpaiguri district that the losses occurred owing to rainwater flowing down from Bhutan through various rivers.

How Fake PANs Help Hide Crooked Property Deals

How Fake PANs Help Hide Crooked Property Deals

Rediff.com23 Oct 2025

Quoting an incorrect PAN during property registration can invite penalties and prosecution.