News for 'erode'

Will Supreme Court's AIADMK rule apply to Shiv Sena too?

Will Supreme Court's AIADMK rule apply to Shiv Sena too?

Rediff.com10 Feb 2023

The case of the two Shiv Sena factions for legitimacy and the party symbol, 'Bow and Arrow', is now before the Election Commission. Whichever way the EC findings go, the other can be expected to move the Supreme Court. They would need a final verdict before the parliamentary polls, points out N Sathiya Moorthy.

China launched 11 missiles towards Taiwan overnight: US

China launched 11 missiles towards Taiwan overnight: US

Rediff.com5 Aug 2022

Defence Secretary Lloyd Austin on Thursday directed that the aircraft carrier USS Ronald Reagan and the ships in her strike group will remain on station in the general area to monitor the situation.

India's ties with China 'abnormal' due to...: Jaishankar

India's ties with China 'abnormal' due to...: Jaishankar

Rediff.com29 Apr 2023

Jaishankar, who arrived in Santo Domingo on his first official visit to the Dominican Republic, also said that India has seen a dramatic expansion in connectivity, contacts, and cooperation across the region.

Kerala doctor killing: HC warns police as medicos intensify stir

Kerala doctor killing: HC warns police as medicos intensify stir

Rediff.com11 May 2023

A special bench of Justices Devan Ramachandran and Kauser Edappagath directed the State Police Chief to come out with a new set of protocols for ensuring security of the doctors and other healthcare professionals in all government hospitals in the state.

US monitoring incidents of human rights violation in India: Blinken

US monitoring incidents of human rights violation in India: Blinken

Rediff.com12 Apr 2022

Blinken made these remarks at a joint news conference with Defence Secretary Lloyd Austin and their Indian counterparts -- External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh -- after the conclusion of the 2+2 Ministerial on Monday.

Indian corporate biz confidence eroded in June: Assocham

Indian corporate biz confidence eroded in June: Assocham

Rediff.com19 Jul 2012

Indian corporates' business confidence has seen a sharp erosion in June on account of deterioration in the macro-economic situation during the last six months, an industry chamber survey said on Thursday.

Real 'anti-nationals' are those who...: Sonia's fresh attack on govt

Real 'anti-nationals' are those who...: Sonia's fresh attack on govt

Rediff.com14 Apr 2023

She alleged that today, the regime in power is misusing and subverting the institutions of the Constitution, and weakening its foundations of liberty, equality, fraternity and justice.

3 of top 10 firms lose Rs 73,630 cr in m-cap; RIL biggest drag

3 of top 10 firms lose Rs 73,630 cr in m-cap; RIL biggest drag

Rediff.com3 Jul 2022

The combined market valuation of three of the 10 most valued domestic firms eroded by Rs 73,630.56 crore last week, with Reliance Industries Limited taking the biggest hit. While HUL and ICICI Bank were the other laggards from the top-10 pack, TCS, HDFC Bank, Infosys, LIC, SBI, HDFC and Bharti Airtel were the gainers. However, the combined gain of the seven firms at Rs 49,441.05 crore was less than the total loss suffered by the three companies.

Where Are Business Leaders To Power The India Story?

Where Are Business Leaders To Power The India Story?

Rediff.com6 Apr 2023

What do we need more of: Leaders who dominate global institutions or local leaders with a 'Make-in- India' mindset?

Owe a duty to country to show zero tolerance to corruption, says SC

Owe a duty to country to show zero tolerance to corruption, says SC

Rediff.com3 Mar 2023

Unsatiated greed for wealth has facilitated corruption to develop like cancer and the constitutional courts owe a duty to the people of the country to show zero tolerance to corruption and come down heavily against the perpetrators of the crime, the Supreme Court has said.

Bad times erode $50 mn from Vijay Mallya's fortune

Bad times erode $50 mn from Vijay Mallya's fortune

Rediff.com29 Oct 2013

His position in India's 100 richest list by is 11 places down to 84th.

Rupee breaches 79 per dollar mark for the first time ever

Rupee breaches 79 per dollar mark for the first time ever

Rediff.com29 Jun 2022

The rupee depreciated 11 paise to a record low of 78.96 against the US dollar in opening trade on Wednesday, weighed down by persistent foreign capital outflows. At the interbank foreign exchange, the rupee opened on a weak note at 78.86 against the American dollar, then lost ground to quote at 78.96 -- its all-time low level, registering a fall of 11 paise from the last close. On Tuesday, the rupee plunged by 48 paise to close at record low of 78.85 against the US dollar.

US Congressman expresses concern over human rights situation in Kashmir

US Congressman expresses concern over human rights situation in Kashmir

Rediff.com22 Apr 2022

India has repeatedly rejected criticism by foreign governments, lawmakers and human rights groups on allegations that civil liberties have eroded in the country.

LTTE chief Prabhakaran alive, claims Tamil leader, but finds few takers

LTTE chief Prabhakaran alive, claims Tamil leader, but finds few takers

Rediff.com13 Feb 2023

Fourteen years after the Sri Lankan government announced his death, a veteran Tamil nationalist leader claimed in Thanjavur, Tamil Nadu, on Monday that Velupillai Prabhakaran, the leader of Eelam Tamils in Sri Lanka, is doing well and said a conducive atmosphere prevails for him to appear now.

Take control: don't let inflation erode returns

Take control: don't let inflation erode returns

Rediff.com25 May 2011

"Consumers can strategise on the non-core consumption basket front by downtrading, that is, purchasing non-premium versions of products that effectively deliver the same utility," says Ritika Mankar, economist, Ambit Capital.

Public sector companies are inefficient, says Maruti chief Bhargava

Public sector companies are inefficient, says Maruti chief Bhargava

Rediff.com4 Sep 2022

The government should not be running businesses as public sector companies are inefficient and do not generate enough resources to fund their own growth, according to Maruti Suzuki India chairman R C Bhargava. Public sector companies need support all the time to grow and need funds from the government for capital investments, he told PTI in an interview. "I have no doubt that government should not be in business. No way," he said when asked if governments should be in the business of running enterprises on the basis of his experience of witnessing the transformation of the then government-owned Maruti Udyog Ltd to Maruti Suzuki India Ltd, majority owned by Japan's Suzuki Motor Corporation.

SC decision erodes moral authority of PM: Left

SC decision erodes moral authority of PM: Left

Rediff.com3 Mar 2011

The Left Front on Thursday said the Supreme Court's quashing of the appointment of P J Thomas as Central Vigilance Commissioner was 'another serious blow' to the UPA government which is facing major corruption cases. "I think what the court said today only vindicates the position our party has taken at the outset. Now the government, which is facing major corruption charges, has to answer why they have been taking such decisions," said CPM leader Sitaram Yechury.

Mcap of 8 top firms tumbles over Rs 2.48 lakh cr

Mcap of 8 top firms tumbles over Rs 2.48 lakh cr

Rediff.com15 May 2022

Eight of the 10 most valued companies suffered a combined erosion of Rs 2,48,372.97 crore in their market valuation last week in line with a weak broader market trend, with Reliance Industries taking the biggest hit. Last week, Sensex lost 2,041.96 points or 3.72 per cent. While Reliance Industries, Tata Consultancy Services, HDFC Bank, Infosys, ICICI Bank, State Bank of India, HDFC and Bharti Airtel were the laggards, Hindustan Unilever Limited and Kotak Mahindra Bank emerged as gainers.

A Week In The Life Of A PSU Banker

A Week In The Life Of A PSU Banker

Rediff.com12 May 2023

'The CM kept his cool, but his adviser was liberal with filthy language.' Tamal Bandyopadhyay recreates the diary of a general manager in a public sector bank, providing a glimpse of how they balance their work and life.

SC ruling backing EPS not setback, will go to people's court for justice: OPS

SC ruling backing EPS not setback, will go to people's court for justice: OPS

Rediff.com25 Feb 2023

Asserting that the dharma yudham is on, Panneerselvam, popularly known as OPS said he and his followers would go to the people to seek justice.

Is Tourism Destroying Goa?

Is Tourism Destroying Goa?

Rediff.com24 Feb 2023

Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and migration, points out Ramesh Menon.

PICS: Real Madrid title hopes dented; Roma ends Juventus' unbeaten run

PICS: Real Madrid title hopes dented; Roma ends Juventus' unbeaten run

Rediff.com6 Mar 2023

In a big blow to Real Madrid's title hopes, Real Betis held them to a goalless draw in their La Liga encounter on Sunday.

Rs 1 Trillion Freebies By State Govts

Rs 1 Trillion Freebies By State Govts

Rediff.com27 Aug 2022

'The power sector accounts for much of the financial burden of state governments in India.'

Investors' wealth tumbles Rs 18.74 lakh crore in 5 trading sessions

Investors' wealth tumbles Rs 18.74 lakh crore in 5 trading sessions

Rediff.com12 May 2022

Equity investors have become poorer by more than Rs 18.74 lakh crore as the market continued to remain bearish for the fifth session on the trot on Thursday. The 30-share BSE Sensex tumbled 1,158.08 points or 2.14 per cent to end below the 53,000-level at 52,930.31 points on Thursday. Markets have been falling for five straight sessions and the BSE benchmark has tumbled 2,771.92 points or 4.97 per cent during this period.

TN makes negative rt-pcr/vax certificate must for Kerala travellers

TN makes negative rt-pcr/vax certificate must for Kerala travellers

Rediff.com1 Aug 2021

The Tamil Nadu government on Sunday said it was mandatory for people coming from Kerala, to the state to carry a negative RT-PCR test report or vaccination certificate of two COVID doses from August 5, in the wake of a spike in infections in the neighbouring state.

When Pakistan Was Keen On A Kashmir Solution

When Pakistan Was Keen On A Kashmir Solution

Rediff.com3 May 2023

Manmohan Singh and Musharraf felt that what they were embarking upon, if successful, could lead to a future of boundless potential for the two countries and for the relationship that was hard to foresee from the prism of the existing situation and the historical position and orthodox ideas on both sides.

AIADMK-BJP Snipe At Each Other

AIADMK-BJP Snipe At Each Other

Rediff.com26 May 2023

The BJP and the AIADMK are unable to sort out ideological differences, observes N Sathiya Moorthy.

Newly-formed outfit could be decisive in 3-way Tripura contest

Newly-formed outfit could be decisive in 3-way Tripura contest

Rediff.com4 Feb 2023

Tipra Motha has decided to go solo and hopes to sweep the 20 tribal-dominated seats that hold the key to power in the northeastern state that has a 60-member assembly.

Third front will erode Cong-NCP votes: Bhujbal

Third front will erode Cong-NCP votes: Bhujbal

Rediff.com11 Sep 2009

According to the predictions made by National Congress Party leader and Deputy Chief Minister Chhagan Bhujbal, the newly formed Republican Left Democratic Front will threaten the prospects of Congress-NCP in the October 13-poll to the Maharashtra Assembly.

7 of top 10 firms lose Rs 1.32 lakh cr

7 of top 10 firms lose Rs 1.32 lakh cr

Rediff.com17 Apr 2022

The market capitalisation of Reliance Industries plummeted by Rs 43,491.37 crore to reach Rs 17,26,714.05 crore.

HC asks Parliament, EC to take steps for removing criminals from politics

HC asks Parliament, EC to take steps for removing criminals from politics

Rediff.com4 Jul 2022

The court said it is the responsibility of Parliament to show its collective will to restrain criminals from entering politics or legislature to save democracy and the country governed on democratic principles and the rule of law.

Corporate profitability set to fall in Q4: Report

Corporate profitability set to fall in Q4: Report

Rediff.com11 Apr 2022

Companies are not able to pass on the pressure from rising input costs to buyers, and this is likely to result in a compression in corporate profit margins for the March quarter, a report said on Monday. Operating profit margins for companies are set to fall by as much as 3 percentage points compared to the year-ago period, and up to 0.60 per cent as compared to the preceding December quarter, the research wing of rating agency Crisil said in a report. The report comes ahead of the earnings season when major companies start reporting their profits.

Investors' wealth plummets over Rs 6.80 lakh cr in 3 days

Investors' wealth plummets over Rs 6.80 lakh cr in 3 days

Rediff.com20 Jan 2022

Investors' wealth has eroded by over Rs 680,441 crore in three days of market fall amid weak global trends and muted domestic sentiments. Extending its losses for the third straight day, BSE benchmark Sensex on Thursday finished below the 60,000-level, weighed by hectic selling in IT, energy and finance stocks amid a sell-off in European equities. The index has lost 1,844.29 points in three sessions.

The Banking Accidents Have Started

The Banking Accidents Have Started

Rediff.com24 Mar 2023

The failure of SVB was due to idiosyncratic reasons, but shows how higher rates can expose fault lines in unforeseen places, observes Neelkanth Mishra.

Where Indian Army Scores Over PLA

Where Indian Army Scores Over PLA

Rediff.com15 Nov 2022

In the confrontation in Doklam, where Indian and Chinese soldiers were lined up eyeball-to-eyeball, senior Indian commanders recount they could sense the uncertainty in the Chinese. While Indian soldiers had to be restrained from pushing the Chinese troops back, our chief interpreter heard the Chinese officers threatening to open fire on PLA soldiers who wavered or withdrew, reveals Ajai Shukla.

Why Are Banks Wooing You?

Why Are Banks Wooing You?

Rediff.com15 Mar 2023

When he didn't respond (Mr Saver has lost count of how many relationship managers he has had in the past few years!), the gentleman landed up at his doorstep and started pleading with him to open fixed deposits with the bank, observes Tamal Bandyopadhyay.

D-Street investors lose over Rs 9.75 lakh crore in 2 days

D-Street investors lose over Rs 9.75 lakh crore in 2 days

Rediff.com13 Jun 2022

Equity investors became poorer by over Rs 9.75 lakh crore in two days of heavy decline in the equity market, with the Sensex plunging 1,457 points on Monday. The 30-share BSE benchmark tanked 1,456.74 points or 2.68 per cent to settle at 52,846.70 on Monday. It had ended 1,016.84 points or 1.84 per cent lower at 54,303.44 on Friday.

Jaishankar, Qin Gang discuss means to resolve border row in Goa meet

Jaishankar, Qin Gang discuss means to resolve border row in Goa meet

Rediff.com5 May 2023

The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.

Govt slashes windfall tax on fuel export, domestic crude oil

Govt slashes windfall tax on fuel export, domestic crude oil

Rediff.com20 Jul 2022

The government on Wednesday scrapped a week-old tax on the export of petrol and cut windfall taxes on overseas shipment of diesel and ATF as well as the one imposed on domestically produced crude oil after global oil prices fell. While the Rs 6 a litre export duty on petrol was scrapped, the tax on the export of diesel and jet fuel (ATF) was cut by Rs 2 per litre each to Rs 11 and Rs 4 respectively, government notifications showed. The tax on domestically produced crude was also cut to Rs 17,000 per tonne from Rs 23,250, a move that will benefit producers like ONGC and Vedanta Ltd.