India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.
The exit polls further pointed out that the northeastern state would have a hung house, with Sangma's National People's Party (NPP) emerging as the single-largest party.
Global funds have pulled out Rs 1.54 trillion from domestic stocks in fiscal 2024 - 25 (FY25), the highest-ever outflow recorded so far, according to the data compiled by Business Standard. The last time the global funds exited Indian shores in droves was back in 2022, when they sold a net Rs 1.41 in the backdrop of Covid-19.
Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.
In its exit poll released after the voting on May 10, India Today-Axis My India predicted a clear majority for the Congress with 122-140 seats and gave the BJP 62-80 seats. It gave 20-25 seats to the JD-S.
Private equity (PE) activity in India between January and November 2024 recorded a total value of $30.89 billion across 1,022 deals, a 22.7 per cent increase in value and an 18.4 per cent rise in deal count compared to $25.17 billion across 863 deals during the same period in 2023. Notable large deals during the period include Walton Street India Investment Advisors at $1.5 billion, and KiranaKart Technologies at $1.35 billion.
Shares worth over Rs 50,000 crore (or approximately $6 billion) are set to become freely tradable between now and April 10. Historically, such substantial volumes have been absorbed by a buoyant block-deal market.
A severe traffic congestion extending for kilometers was witnessed on the routes to the Maha Kumbh Mela in Prayagraj on Sunday with Samajwadi Party president Akhilesh Yadav asking the government to make emergency arrangements for the stranded devotees.
Saif Ali Khan, the Bollywood actor, was stabbed multiple times by an intruder in his Mumbai home on January 16. The accused, Shariful Islam Shehzad Mohammad Rohilla Amin Fakir, has told police that he stabbed Khan in the back to free himself from the actor's grip after he was caught trying to steal. The actor underwent emergency surgery and was discharged from the hospital on Tuesday.
With most exit polls predicting a tight contest between the Congress and the Bharatiya Janata Party in the assembly polls in Karnataka, leaders of the two parties seem 'jittery' over the outcome, while the Janata Dal-Secular appears to be expecting a hung verdict, which would enable it to play a role in government formation.
The Uttar Pradesh government has implemented a special crowd management plan called 'Operation Eleven' for the 'Amrit Snan' on Basant Panchami at Maha Kumbh. The plan, devised under strict instructions from Chief Minister Yogi Adityanath, ensures a one-way traffic route for devotees and smooth movement on pontoon bridges. The heightened measures are in place following a stampede on Mauni Amavasya that claimed at least 30 lives. 'Operation Eleven' includes measures such as strict enforcement of a one-way route, enhanced security at key locations, crowd control at Tikarmafi Turn, special arrangements at Phaphamau and pontoon bridges, railway station and bus movement regulation, enhanced security at Prayag Junction, crowd management at GT Jawahar and Harshvardhan Chauraha, additional security and traffic control measures, and deployment of extra forces.
Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and rising global trade tensions dragging markets lower. The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 last year, and the Nifty also reached a lifetime high of 26,277.35 on the same day.
rediffGURU Major Inderpaul Singh (retd) offers career guidance and helps students and individuals handle challenges in their professional lives.
Terming as 'unfortunate' the January 29 stampede at Maha Kumbh where at least 30 people were killed, the Supreme Court on Monday refused to hear a public interest litigation (PIL) for guidelines over safety of devotees and asked the petitioner to move the Allahabad high court instead.
Following a virtual meeting on June 16th, 2024, the All India Football Federation (AIFF) announced a change in leadership for the Senior Men's National Team.
After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far - 153 per cent more than the $240.9 million across 106 deals during the same period last year - according to data from market intelligence platform Tracxn.
While India have never won the gold at the Asia Mixed Team Championships, they did secure mixed team gold and silver at the Commonwealth Games in 2018 and 2022.
Former champion Naomi Osaka was sent packing from Indian Wells after losing in straight sets to Colombia's Camila Osorio.
Pakistani fans forget that Dubai was once Pakistan's home ground where they played all their international matches until Imran Khan became the country's prime minister.
Even before the first votes are counted in Maharashtra, fissures have emerged within the ruling Mahayuti and the opposition Maha Vikas Aghadi (MVA) on who will head the next government. Both camps are claiming the chief minister's post, with constituents in both camps laying claim over the chief minister's post. The MVA, consisting of the Congress, Shiv Sena (UBT) and NCP (SP), and the Mahayuti, comprising the BJP, Shiv Sena and NCP, have expressed confidence that their respective alliance will form the next government after votes are counted on Saturday. While a majority of exit polls have predicted that Mahayuti will retain power, a few have favored the MVA.
Rohan Bopanna and Shuai Zhang suffered a narrow defeat against local wild cards John Peers and Olivia Gadecki in a thrilling contest at the Australian Open on Tuesday.
The Indian embassy has received requests from Indian tourists stranded in the country to facilitate their exit. Most of the tourists are travelling in groups.
'Reduce your equity allocation, put that allocation into gold and fixed income.'
'Wait for six months, and you'll see Gill's jersey become the most sought after one.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
From the 30-share blue-chip pack, Zomato cracked nearly 7 per cent. Power Grid, Adani Ports, Tata Steel, NTPC, Tata Motors, Tech Mahindra, Mahindra & Mahindra, Asian Paints, Sun Pharma and UltraTech Cement were the other major laggards. In contrast, Axis Bank, Hindustan Unilever, Tata Consultancy Services and IndusInd Bank were the gainers.
The blast at the IOCL refinery in the Koyali area on the outskirts of Vadodara occurred at 4 pm, triggering the blaze.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
'Of the 20 trading days of January till January 28, FIIs have been selling for 19 trading days'. 'When did FIIs withdraw money with this kind of intensity?' 'It never happened. It's the first. It did not happen even during the 2008-2009 financial crisis when Lehman went under.' 'Even then you did not have like a 19-day selling spree from the FIIs.'
The Mumbai police on Tuesday recreated the crime scene with the accused.
Harris, with only 14 percent saying they would prefer another option, has an overwhelming 70 percent of Democratic voters support, the New York Times cited the poll as saying.
The Congress is likely to emerge winner in the Karnataka assembly elections while the ruling Bharatiya Janata Party could end up a distant loser, exit polls and predictions by television channels claimed.
Despite a stellar start to his career, Varun Aaron's journey was marred by inconsistent form and frequent injuries, with his last appearance for India dating back to 2015.
In a communication sent to all heads of central government hospitals, the ministry asked them to ensure adequate number of well secured duty rooms with basic amenities for female health professionals and deployment of women health professionals at night be preferably done in more than one in number.
Walmart, the world's largest retailer, has paid $1.4 billion to buy out US-based Tiger Global's investment in e-commerce firm Flipkart, according to sources. The transaction puts Flipkart's valuation at $35 billion, against nearly $38 billion in 2021 when it raised funds from Japan's SoftBank, Walmart, and other investors. Tiger Global, Flipkart co-founder Binny Bansal, and Accel now have all fully exited the e-commerce firm by selling their stake to Walmart.
Let reason, not emotion, guide your decisions.
After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. In early September, YTD FPI investments peaked at a record Rs 22,000 crore ($2.6 billion). This wave of selling has also pulled down benchmark indices, with the Nifty's YTD returns declining to 11 per cent from their high of 21 per cent in September.
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
'Many were caught in a burnout race, chasing unsustainable growth without innovating.'
The state is mainly witnessing a three-cornered contest between the ruling BJP, the Congress and former prime minister H D Deve Gowda's Janata Dal (Secular).
