News for 'erode'

Had frank talk about abnormal border situation with China: Jaishankar

Had frank talk about abnormal border situation with China: Jaishankar

Rediff.com5 May 2023

The relations between India and China cannot be normal if peace and tranquillity in border areas are disturbed, External Affairs Minister S Jaishankar said on Friday.

ED raids Tamil Nadu minister in money-laundering case; no proof, says DMK

ED raids Tamil Nadu minister in money-laundering case; no proof, says DMK

Rediff.com13 Jun 2023

The Enforcement Directorate (ED) on Tuesday conducted searches against Tamil Nadu Electricity Minister V Senthil Balaji and some others as part of a money laundering investigation and held multi-city searches, official sources said.

Wipro stock settles over 4% down; m-cap erodes by 5,596 cr

Wipro stock settles over 4% down; m-cap erodes by 5,596 cr

Rediff.com23 Oct 2013

India's third largest software services exporter ended the day 4.41 per cent lower at Rs 492.20 on the BSE after falling 8.41 per cent to Rs 471.55 in intra-day trade.

TN bypoll: AIADMK factions face off, BJP delays decision

TN bypoll: AIADMK factions face off, BJP delays decision

Rediff.com2 Feb 2023

The opposition AIADMK's discomfiture is likely to work in favour of the ruling DMK-backed Congress candidate.

Over 68,000 soldiers airlifted to Ladakh post Galwan

Over 68,000 soldiers airlifted to Ladakh post Galwan

Rediff.com13 Aug 2023

Over 68,000 Army soldiers, around 90 tanks and other weapon systems were airlifted by the Indian Air Force to eastern Ladakh from across the country for rapid deployment along the Line of Actual Control (LAC) after the deadly clashes in the Galwan Valley, top sources in defence and security establishment said.

SHOCKING! 2,374 IAF Crashes. 1,305 Pilots Killed

SHOCKING! 2,374 IAF Crashes. 1,305 Pilots Killed

Rediff.com12 Sep 2023

During these seven decades, the IAF has lost 2,374 aircraft to crashes. They include 1,126 fighters and 1,248 non-combat aircraft. In addition, 229 trainers and 196 helicopters have crashed. These crashes have resulted in the deaths of 1,305 skilled pilots, note Ajai Shukla and Devesh Kapur.

Online news portal booked for 'fake news' on migrants in Tamil Nadu

Online news portal booked for 'fake news' on migrants in Tamil Nadu

Rediff.com7 Mar 2023

According to a police release, Thirunindravur Police Station in Avadi has registered a case based on the Dravida Munnetra Kazhagam (DMK) IT wing member's complaint seeking action against the website CEO Rahul Rusan and editor Nupur Sharma.

Chinese foreign minister to attend SCO meet in Goa on May 4-5

Chinese foreign minister to attend SCO meet in Goa on May 4-5

Rediff.com2 May 2023

Chinese Foreign Minister Qin Gang will travel to India to attend the Shanghai Cooperation Organisation (SCO) foreign ministers' meeting being held in Goa on May 4 and 5, the foreign ministry in Beijing announced on Tuesday.

Can Rupee Dethrone The Dollar?

Can Rupee Dethrone The Dollar?

Rediff.com22 Sep 2023

Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.

Investors' wealth tumbles by over Rs 8.47 lakh crore

Investors' wealth tumbles by over Rs 8.47 lakh crore

Rediff.com14 Feb 2022

Investors' wealth plummeted by more than Rs 8.47 lakh crore on Monday as the stock market continued to be ravaged by weak global sentiments triggered by mounting tensions between Russia and Ukraine. The domestic market remained in the red for the second straight session after witnessing a massive sell-off on Friday. As the counters closed for the day on Monday, the 30-share benchmark Sensex had plunged 1,747.08 points to 56,405.84 points, a decline of 3 per cent.

Market turmoil leaves investors poorer by more than Rs 4.3 lakh crore

Market turmoil leaves investors poorer by more than Rs 4.3 lakh crore

Rediff.com13 Mar 2023

Domestic equity investors' wealth eroded by more than Rs 4.43 lakh crore on Monday as fears of a financial contagion triggered by one of the biggest bank failures in the US roiled market sentiments. After a strong opening, Indian stocks went into a tailspin with the benchmark 30-share BSE Sensex tumbling nearly 900 points to close at 58,237.85 points -- sliding for the third straight trading session. The NSE Nifty too declined 258.60 points to end at 17,154.30 points.

Why Article 370 Failed To Protect Kashmiri Pandits

Why Article 370 Failed To Protect Kashmiri Pandits

Rediff.com11 Aug 2023

'The relationship between Kashmiri Pandits and Article 370 is vexed.' 'Sentiment in Jammu towards Article 370 was largely unfavourable and Jammu resented being lumped with Kashmir and placed on a different footing from the rest of India.'

Delhi services bill unconstitutional, against spirit of federalism: Oppn

Delhi services bill unconstitutional, against spirit of federalism: Oppn

Rediff.com8 Aug 2023

The opposition bloc also got support from Telanagana Chief Minister K Chandrashekar Rao's BRS, which saw the bill as a move to usurp powers of an elected government in Delhi, and asked the House to vote against it.

10 OTT Shows That Make Us Nostalgic

10 OTT Shows That Make Us Nostalgic

Rediff.com22 Aug 2023

Many films and shows go back in time to bring alive so many fading and forgotten memories.

Win for EPS as OPS faction withdraws from TN bypoll race

Win for EPS as OPS faction withdraws from TN bypoll race

Rediff.com6 Feb 2023

Former Chief Minister Panneerselvam's decision was made in the wake of an appeal by the BJP to put up a common candidate to defeat the DMK backed Congress candidate in the election.

Shouldn't we have the freedom to leave earth with dignity?

Shouldn't we have the freedom to leave earth with dignity?

Rediff.com27 Jul 2023

Death is a reality of life and yet we shy away from talking about it openly, observes Aarti David.

India welcomes world leaders as G20 summit kicks off on Saturday

India welcomes world leaders as G20 summit kicks off on Saturday

Rediff.com8 Sep 2023

The silver lining for India's presidency is likely to be the support by almost all G20 countries to its proposal to include the African Union as a permanent member of the bloc that has emerged as perhaps the most influential multilateral forum after the United Nations.

Situation along LAC in Ladakh abnormal: Jaishankar after talks with China

Situation along LAC in Ladakh abnormal: Jaishankar after talks with China

Rediff.com5 May 2023

Jaishankar also said that there is a need to take the disengagement process forward.

Who Stoked Migrant Labour 'Exodus' From Tamil Nadu?

Who Stoked Migrant Labour 'Exodus' From Tamil Nadu?

Rediff.com6 Mar 2023

Unless controlled and contained, given the untested belief that the north Indian labour support and follow the Hindutva kind of political ideology, there is a potential in terms of ideological clashes with their Dravidian brethren in the local neighbourhoods, and it all escalating into violence, especially during election time, predicts N Sathiya Moorthy.

13 BJP functionaries quit, join ally AIADMK in Tamil Nadu

13 BJP functionaries quit, join ally AIADMK in Tamil Nadu

Rediff.com8 Mar 2023

A total of 13 functionaries from the Tamil Nadu unit of the Bharatiya Janata Party on Wednesday quit the party to join its alliance partner the All India Anna Dravida Munnetra Kazhagam (AIADMK).

No media or govt agency has right to peep into private lives of citizens: HC

No media or govt agency has right to peep into private lives of citizens: HC

Rediff.com20 Mar 2023

It said that it was "disheartening" to see that some news channels "are in the habit of publishing sleaze more than news."

'A State visit is not just about the red carpet and a terrific meal'

'A State visit is not just about the red carpet and a terrific meal'

Rediff.com21 Jun 2023

'India matters significantly to President Biden and to this administration, and not just in South Asia or the Indo-Pacific region, but truly globally.'

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Rediff.com24 May 2023

Both Jet Airways and Go First have met with a similar fate of landing up in insolvency, albeit for different reasons. Whether Go First will be able to avoid the sharp erosion in value like in the case of Jet, experts say, will depend on how quickly it is able to restart operations and retain its slots at airports. Go First, owned by the Wadia group, filed for voluntary corporate insolvency resolution on May 2 due to inadequate capacity utilisation that led to a cash crunch.

Opposition decries PM's I-Day address as 'crass election speech'

Opposition decries PM's I-Day address as 'crass election speech'

Rediff.com15 Aug 2023

'To summarise, PM Modi's failures in the last nine years can be categorised under 'durniti' (bad policies), 'anyay' (injustice) and - perhaps most importantly - 'badniyat' (ill intention)'

Volcker's admission erodes credibility

Volcker's admission erodes credibility

Rediff.com7 Nov 2005

Volcker, former Chairman of the US Federal Reserve, is quoted as having admitted in a Los Angeles Times interview that he had agreed to change the language of his controversial report

Invest in logistics stocks, but selectively

Invest in logistics stocks, but selectively

Rediff.com27 Apr 2023

Logistic players have seen a sharp correction at the bourses over the past six months as intense competition from new-age-tech startups, higher freight rates, and weak macros dented listed players' growth outlook. Analysts warn that the emergence of tech-based startups could weigh on organised players' profit-pool, and can potentially erode their market share. Thus, a stock-specific strategy would be prudent at this juncture with focus on companies that are rapidly innovating and investing in technology.

State bypolls: Cong wins 3, BJP and ally 2; TMC loses

State bypolls: Cong wins 3, BJP and ally 2; TMC loses

Rediff.com2 Mar 2023

The Congress on Thursday secured a seat in the present Bengal assembly as its candidate Bayron Biswas won the Sagardighi bypoll, defeating the nearest rival of the Trinamool Congress by 22,980 votes.

Lessons For Banks To Learn From SVB Collapse

Lessons For Banks To Learn From SVB Collapse

Rediff.com5 Apr 2023

The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.

Cost of living crisis biggest short-term risk: WEF

Cost of living crisis biggest short-term risk: WEF

Rediff.com11 Jan 2023

The cost of living crisis is the biggest short-term risk the world is facing, while the failure of climate mitigation and climate adaptation is the largest long-term concern, the World Economic Forum said on Wednesday. Releasing its annual Global Risks report in London ahead of its Davos summit next week, the WEF also said geopolitical rivalries and inward-looking stances will heighten economic constraints and further exacerbate both short- and long-term risks. The Global Risks 2023 report, drawing on views of over 1,200 experts, policy-makers and industry leaders from across the world, also urged countries to work together to avoid 'resource rivalries'.

Avoid paint stocks over the short-to-medium term

Avoid paint stocks over the short-to-medium term

Rediff.com20 Apr 2023

A likely turnaround in profitability margins in the March quarter (Q4FY23) will not be enough to lift the outlook for paint stocks due to volatile crude oil prices and rising competition in the sector, analysts say. Hence, they advise investors to avoid the sector over the short-to-medium term despite the heavy correction in the stocks since last year. Shares of Asian Paints, Berger Paints, Indigo Paints, Nerolac and Pidilite have shed 6-32 per cent over the last 6 months versus a 3 per cent rise in the benchmark Sensex.

India-China border 'generally' stable: Chinese FM to Jaishankar

India-China border 'generally' stable: Chinese FM to Jaishankar

Rediff.com5 May 2023

Chinese Foreign Minister Qin Gang reiterated that the situation at the India-China border is generally stable and both sides should consolidate the present achievements and strictly abide by the relevant agreements while pushing for further cooling and easing of the conditions for sustainable peace and tranquillity at the frontier.

Is It Time To Invest In Silver?

Is It Time To Invest In Silver?

Rediff.com17 May 2023

The rally in silver may continue if the global economic recovery remains on course.

Judiciary must be allowed to interpret Constitution: SC judge Kohli

Judiciary must be allowed to interpret Constitution: SC judge Kohli

Rediff.com5 Mar 2023

It is equally essential to recognise the judiciary's role in the constitutional dialogue as it acts like a safety valve for fostering our democratic values, she said.

Investors become poorer by Rs 5.78 lakh cr in two days of market fall

Investors become poorer by Rs 5.78 lakh cr in two days of market fall

Rediff.com16 Dec 2022

Investors' wealth tumbled over Rs 5.78 lakh crore in two days of market fall amid a weak trend in global markets after a host of central banks hiked interest rates and gave hawkish commentary. The 30-share BSE Sensex declined 461.22 points or 0.75 per cent to settle at 61,337.81 on Friday. In the previous trade, the BSE benchmark had tanked 878.88 points or 1.40 per cent to settle at 61,799.03.

Medium Or Long-Duration Funds?

Medium Or Long-Duration Funds?

Rediff.com8 May 2023

Investors who decide to enter medium to long-duration funds should be cognisant of the risk.

LeBron rewrites playbook on athlete activism on way to the top

LeBron rewrites playbook on athlete activism on way to the top

Rediff.com8 Feb 2023

James became a leading voice in support of the Black Lives Matter movement following the murder of George Floyd in 2020.

Balaji, first TN minister to be arrested by ED, sent to jail till June 28

Balaji, first TN minister to be arrested by ED, sent to jail till June 28

Rediff.com14 Jun 2023

Tamil Nadu electricity minister was arrested under the Prevention of Money Laundering Act (PMLA), official sources said, making him the first minister in the M K Stalin-led government to face such an action from a central agency.

Excess credit growth to affect banks: Fitch

Excess credit growth to affect banks: Fitch

Rediff.com29 Nov 2022

Global rating agency Fitch said on Monday that bank credit growth in excess of 13 per cent year on year in FY23 could put pressure on core equity tier ratios (CET1) of banks, especially public sector lenders. It may limit the buffers of Indian banks to absorb potential future losses. Bank credit expanded by 11.5 per cent in FY22. Full-year loan growth for FY23 will represent a modest slowdown from the 17 per cent YoY pace in H1FY23.

Investors poorer by over Rs 6.18 lakh crore

Investors poorer by over Rs 6.18 lakh crore

Rediff.com16 Sep 2022

Investors have become poorer by over Rs 6.18 lakh crore as markets took a heavy beating on Friday. The 30-share BSE Sensex tanked 1,093.22 points or 1.82 per cent to settle at 58,840.79. During the day, it tumbled 1,246.84 points or 2 per cent to 58,687.17.

Jaishankar to hold talks with Chinese FM, meet with Bilawal unlikely

Jaishankar to hold talks with Chinese FM, meet with Bilawal unlikely

Rediff.com4 May 2023

External Affairs Minister S Jaishankar is set to hold separate bilateral talks with his Chinese counterpart Qin Gang and Russia's Sergey Lavrov at a beach resort in Goa on Thursday on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) amid rapidly evolving regional security situation.