News for 'data analysis'

Genpact CEO: 'We are investing $600 million over three years in AI'

Genpact CEO: 'We are investing $600 million over three years in AI'

Rediff.com7 Oct 2023

'AI is not a new thing for us. We started our AI journey in 2015.'

2022 was the 5th warmest year on record, says NASA

2022 was the 5th warmest year on record, says NASA

Rediff.com17 Jan 2023

"This warming trend is alarming," said NASA Administrator Bill Nelson.

'ICICI Pru's focus is on value of new business growth'

'ICICI Pru's focus is on value of new business growth'

Rediff.com15 Aug 2023

'If through growth and serving the customer we become number one, we will be very happy and very proud.'

Narayana Murthy irked by lack of reliable jobs data

Narayana Murthy irked by lack of reliable jobs data

Rediff.com17 Aug 2017

The government has kicked off a new employment survey to create closer-to-real-time credible information, the first tranche of which is expected to be revealed in December next year.

Drone downed in Punjab last year had China, Pakistan footprints: BSF

Drone downed in Punjab last year had China, Pakistan footprints: BSF

Rediff.com1 Mar 2023

A drone that was shot down by the Border Security Force along the India-Pakistan international border in Punjab last year had taken flight and had 'footprints' in China and Pakistan, a BSF spokesperson said on Wednesday quoting a forensic analysis report.

Tax dept may issue notices to over 10 lakh non-filers

Tax dept may issue notices to over 10 lakh non-filers

Rediff.com29 May 2013

According to sources, the tax department has prepared a list of non-filers based on their information records.

I-T dept sends letters to 70K high spenders to pay tax

I-T dept sends letters to 70K high spenders to pay tax

Rediff.com21 May 2013

The exercise is in continuation of crack down on tax defaulters which the government launched last fiscal under which the Revenue Department had sent 105,000 letters to assessees seeking to know whether the person had filed his IT return or not.

Indians Back To Spending At Pre-Covid Levels, But...

Indians Back To Spending At Pre-Covid Levels, But...

Rediff.com15 Jan 2024

Lower income groups earning less than Rs 100,000 a year are yet to recover as are those earning between Rs 100,000 and Rs 200,000.

IPL 2014 Auction Price vs Performance Analysis

IPL 2014 Auction Price vs Performance Analysis

Rediff.com5 Jun 2014

Now that IPL 2014 is over, our data journalists take a look at who the VFM batsmen and bowlers were in the tournament.

Markets crash: Pollster Pradeep Gupta 'open to probe'

Markets crash: Pollster Pradeep Gupta 'open to probe'

Rediff.com22 Jun 2024

Facing opposition fire for exit polls allegedly being used for stock market manipulation, Axis My India's chief Pradeep Gupta has said he is open to facing all kinds of investigations and it would help do business in a much better way if the government frames specific regulations for pollsters.

RBI tells IMF why it frequently intervenes in forex market

RBI tells IMF why it frequently intervenes in forex market

Rediff.com20 Dec 2023

The Reserve Bank has told the International Monetary Fund (IMF) that the objective of frequent interventions in the forex market is to curb excessive volatility, dismissing the Fund's rationale for reclassifying India's exchange rate regime. The IMF, following the Article IV consultation with the Indian authorities, reclassified the status of the exchange rate regime to "stabilised arrangement" from "floating" for period between December 2022 to October 2023. India's Executive Director at IMF K V Subramanian and Senior Advisors Sanjay Kumar Hansda and Anand Singh questioned the selection period adopted by the Fund for analysis and also reclassification of the country's exchange rate regime.

ED nabs man who 'managed' AAP funds for Goa polls; 17th arrest so far

ED nabs man who 'managed' AAP funds for Goa polls; 17th arrest so far

Rediff.com15 Apr 2024

He has been sent to the ED custody till April 18 by the court, they said.

Delhi court sends NewsClick founder Purkayastha, HR head to jail till Dec 1

Delhi court sends NewsClick founder Purkayastha, HR head to jail till Dec 1

Rediff.com2 Nov 2023

Special judge Hardeep Kaur sent both the accused to jail after they were produced before the court on expiry of their custodial interrogation by the Delhi police.

No Political Country For Young People

No Political Country For Young People

Rediff.com23 Dec 2023

While 67 per cent of India's population is 39 years old or younger, states are governed by chief ministers who are 70 or older.

MFs own larger slice of small and midcap stocks

MFs own larger slice of small and midcap stocks

Rediff.com10 Apr 2024

Retail investors now own a larger share of smallcap companies than they did a year ago, thanks to their conviction in mutual fund (MF) schemes focused on this segment. Data from Capitaline shows that MFs' average holding in the National Stock Exchange Nifty Smallcap 250 Index stood at 9 per cent at the end of the October-December quarter of 2023-24 (FY24), up from 7.76 per cent in the same quarter of 2022-23.

'Surge in deaths among Indian students alarming, suspicious'

'Surge in deaths among Indian students alarming, suspicious'

Rediff.com10 Apr 2024

A prominent Indian diaspora body has urged various agencies of the US government, universities and student associations to work towards addressing the spike in the deaths of Indian-origin students in the US in recent months.

Flows into NRI deposits grow multi-fold to $2.14 billion in first quarter

Flows into NRI deposits grow multi-fold to $2.14 billion in first quarter

Rediff.com18 Aug 2023

The flow of money into Non-Resident Indians (NRIs) deposits witnessed a substantial increase, touching $2.14 billion in the first quarter of this financial year (Q1FY24), compared with $349 million in the same period in FY23. The outstanding NRI deposits rose by $2.5 billion, standing at $141.28 billion at the end of June 2023, up from $138.77 billion in May 2023, according to Reserve Bank of India (RBI) data. RBI released the updated data in the bulletin after almost three months.

Cipla, Torrent may need to divest 15 brands in buyout deal: Bernstein

Cipla, Torrent may need to divest 15 brands in buyout deal: Bernstein

Rediff.com14 Sep 2023

As the market buzzes with news of Cipla promoters exiting the business through a stake sale and Ahmedabad-based Mehta family-led Torrent Pharmaceuticals racing to acquire its rival, Cipla, an analysis reveals that if the deal were to go through, both companies might need to divest as many as 15 brands to comply with Competition Commission of India (CCI) norms. A recent analysis by Bernstein shows that Cipla and Torrent share a presence in 332 products (based on product and molecule data from market research firm IQVIA). Bernstein analysts Nithya Balasubramanian and Parth Shah noted that, while this may appear as a high number, a significant portion of these products lack significance.

Dhanteras gold demand likely to stay robust

Dhanteras gold demand likely to stay robust

Rediff.com9 Nov 2023

A strong appetite for gold on Friday's Dhanteras is expected this year due to auspicious reasons and geopolitical concerns, continuing the 2022 trend driven by pent-up COVID demand. Compared to last year's Dhanteras, gold prices have jumped 22 per cent and silver prices by 21 per cent, respectively. "Gold and silver are good for portfolio diversification, especially in times of geopolitical turbulence.

Global fundraising via IPOs drops 52% in 2023 to $147.2 billion

Global fundraising via IPOs drops 52% in 2023 to $147.2 billion

Rediff.com29 Sep 2023

Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company. At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion. "An analysis of GlobalData's Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Here is how 17th LS passed half of bills amid record MP suspensions

Here is how 17th LS passed half of bills amid record MP suspensions

Rediff.com22 Dec 2023

According to an analysis by PRS Legislative Research, 172 bills were discussed and passed during the term of 17th Lok Sabha, of which 86 bills in the Lok Sabha and 103 bills in the Rajya Sabha were discussed for less than two hours each.

India to get its own index to quantify heat impact next yr: IMD chief

India to get its own index to quantify heat impact next yr: IMD chief

Rediff.com3 May 2023

India will launch its own composite index next year to quantify the impact of heat on its population and generate impact-based heat wave alerts for specific locations, the India Meteorological Department (IMD) has said.

From 1.5 mn km orbit, Aditya-L1 to send 1500 images per day: Scientists

From 1.5 mn km orbit, Aditya-L1 to send 1500 images per day: Scientists

Rediff.com1 Sep 2023

Aditya-L1 will be launched by PSLV-C57 rocket on September 2 at 11:50 am. It carries seven payloads to study the Sun, four of which will observe the light from the Sun and the remaining three will measure insitu parameters of the plasma and magnetic fields.

Private equity-backed mergers and acquisitions fall to 31-month low

Private equity-backed mergers and acquisitions fall to 31-month low

Rediff.com26 Sep 2023

The number of mergers and acquisitions (M&As) in August that involved private equity (PE) funds was the lowest in nearly three years. There were 26 such deals last month, according to data from tracker Refinitiv (part of London Stock Exchange Group). The last time monthly deal numbers were so low in recent times was January 2021 when Covid cases were picking up during the second wave of the pandemic.

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.

How The Heat Wave Will Affect Your Kitchen

How The Heat Wave Will Affect Your Kitchen

Rediff.com2 May 2024

Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.

Call me Modi, not Modi ji, PM tells BJP lawmakers

Call me Modi, not Modi ji, PM tells BJP lawmakers

Rediff.com7 Dec 2023

Earlier, Modi was given a standing ovation at the meeting following the party's stupendous win in three assembly polls.

So you think you are better than your boss?

So you think you are better than your boss?

Rediff.com18 May 2011

If indeed you are better than your boss, you will definitely reach that coveted position. You just need to focus on your own performance and showcase it succinctly.

Bihar caste survey could have consequences, Centre tells SC

Bihar caste survey could have consequences, Centre tells SC

Rediff.com21 Aug 2023

Mehta said but did not elaborate on the consequences the contentious exercise could possibly have.

High explosive, not gas leak, triggered Shimla eatery blast: NBDC

High explosive, not gas leak, triggered Shimla eatery blast: NBDC

Rediff.com9 Nov 2023

The report of the National Bomb Data Centre, under the National Security Guard, differs from that of the State Forensic Science Laboratory, Junga, and the police investigation according to which a gas leak had caused the blast.

AI can't substitute human intelligence in adjudication: Delhi HC

AI can't substitute human intelligence in adjudication: Delhi HC

Rediff.com27 Aug 2023

Justice Prathiba M Singh stated that the accuracy and reliability of AI generated data is still in the grey area and at best, such a tool can be utilised for a preliminary understanding or for preliminary research.

Natural Disasters Displaced 2.5 Million Indians in 2022

Natural Disasters Displaced 2.5 Million Indians in 2022

Rediff.com25 May 2023

Extreme weather events and disasters have been on the rise in the region.

Should NOTA Be A Candidate?

Should NOTA Be A Candidate?

Rediff.com16 May 2024

'Rather than criticising the kind of candidates fielded by political parties from our living rooms, NOTA in a sense implores the electorate to say this by turning up in person at a polling booth to ensure their protest is registered.'

Stake sales by promoters, private equity investors 2.2 times of 2022

Stake sales by promoters, private equity investors 2.2 times of 2022

Rediff.com29 Sep 2023

Stake sales by promoters and private equity/venture capital (PE/VC) investors this year are already exceeding twice those of last year. So far this calendar year, the selling stands at over Rs 87,400 crore, 2.2 times the Rs 39,700 crore worth of shares sold by promoters and PE/VCs in 2022. This year's tally has received a boost from stake sales by Adani group promoters.

INDIA leaders decide to be ready for NDA 'surprises', early polls

INDIA leaders decide to be ready for NDA 'surprises', early polls

Rediff.com1 Sep 2023

Top leaders of the Opposition's Indian National Developmental Inclusive Alliance (INDIA) held talks in an informal setting in Mumbai on Thursday evening to chart out a concrete roadmap and evolve a structure for cooperation among the alliance partners to take on the Bharatiya Janata Party (BJP) in the 2024 Lok Sabha polls.

New orders point to further gains for Hindustan Aeronautics stock

New orders point to further gains for Hindustan Aeronautics stock

Rediff.com23 Apr 2024

Hindustan Aeronautics (HAL) is one of the largest beneficiaries of the defence indigenisation programme. The aerospace Public Sector Undertaking (PSU) has just received a new tender for 97 Light Combat Aircraft (LCA) Tejas Mk1A, and it is already servicing an earlier order for 83 LCA aircraft. The new order is worth around Rs 65,000 crore with a 65 per cent indigenisation component, whereas the earlier order (February 21) was worth Rs 45,700 crore with 55 per cent indigenisation.

EPFO adds 16.26 lakh subscribers in Nov

EPFO adds 16.26 lakh subscribers in Nov

Rediff.com20 Jan 2023

Retirement fund body EPFO added 16.26 lakh subscribers on a net basis in November 2022, which is 16.5 per cent higher compared to a year ago, the labour ministry said on Friday. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Friday by the ministry highlighted that the EPFO has added 16.26 lakh net members in the month of November 2022. The data indicate a 25.67 per cent increase in net additions compared to the previous month in October 2022, a labour ministry statement said.

6 years of GST: Rs 1.5 trillion monthly tax revenues becomes 'new normal'

6 years of GST: Rs 1.5 trillion monthly tax revenues becomes 'new normal'

Rediff.com29 Jun 2023

Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of Rs 1.5 lakh crore every month has become a new normal and tax officers are focusing on dealing with fraudsters who are adopting newer modus operandi to game the system, causing loss to the exchequer. To apprehend black sheep, who operate as syndicates and create fake entities on the basis of forged documents to claim input tax credit (ITC), tax officers have started using data analytics, artifical intelligence and machine learning aiming to curb evasion, which was over Rs 3 lakh crore since inception of GST. It was over Rs 1 lakh crore in 2022-23. Thinktank Global Trade Research Initiative (GTRI) said the most critical pending GST reform is upgradation of GST Network to prevent fake supplies and fraudulent claims of Input Tax Credit (ITC).

Delhi car blast: NSG not allowed to gather data from spot

Delhi car blast: NSG not allowed to gather data from spot

Rediff.com15 Feb 2012

In a surprise departure from norms, investigators of the National Security Guard post-blast study team were not allowed to gather vital data of the terror-struck and burnt Israeli embassy SUV citing "diplomatic reasons".