News for 'erode'

Investors lose Rs 2.22 lakh cr as stocks plunge

Investors lose Rs 2.22 lakh cr as stocks plunge

Rediff.com6 Jun 2019

All BSE sectoral indices ended in the red, with oil and gas, bankex, capital goods and finance falling up to 3.04 per cent.

Would you pay Rs 107,550 for the new Moto Razr?

Would you pay Rs 107,550 for the new Moto Razr?

Rediff.com19 Nov 2019

Ashish Narsale/Rediff.com brings you the pros and cons.

On farm laws, SC issues notice to Centre

On farm laws, SC issues notice to Centre

Rediff.com12 Oct 2020

The petitions alleged that these laws would dismantle the Agricultural Produce Market Committee system intended to ensure fair prices for farm products

For banks, the option is to go digital or die

For banks, the option is to go digital or die

Rediff.com16 Feb 2021

Bankers need to take a call on whether they will allow technology firms to run banks or banks themselves will turn into tech firms, says Tamal Bandyopadhyay.

IMF makes it official: World has entered recession

IMF makes it official: World has entered recession

Rediff.com28 Mar 2020

The world is in the face of a devastating impact due to the coronavirus pandemic and has clearly entered a recession, the International Monetary Fund said on Friday, but projected a recovery next year. "We have reassessed the prospects for growth for 2020 and 2021. It is now clear that we have entered a recession as bad or worse than in 2009. We do project recovery in 2021," IMF Managing Director Kristalina Georgieva told reporters at a news conference.

Time to make tax-saving investments

Time to make tax-saving investments

Rediff.com28 Dec 2020

Tax planning should not be left for March. If you do so, you could face a severe cash crunch in that month, warns Sanjay Kumar Singh.

Farmers must call off chakka jam in the national interest

Farmers must call off chakka jam in the national interest

Rediff.com5 Feb 2021

The government and the farmers must come back to the negotiating table with only the interest of the country in mind, suggests Vivek Gumaste.

India's banking system brutally unfair: Deepak Parekh

India's banking system brutally unfair: Deepak Parekh

Rediff.com11 Oct 2019

He said trust and confidence were the backbone of any financial system and one should never underestimate the power of ethics and values.

'Mamata is a very good actor'

'Mamata is a very good actor'

Rediff.com26 May 2021

'Mamata has used minorities only as her vote bank.' 'In her entire election campaign Mamata did not utter a single sentence against the RSS.'

At Rs 73,878 cr, Vodafone posts India's highest-ever loss

At Rs 73,878 cr, Vodafone posts India's highest-ever loss

Rediff.com1 Jul 2020

Vodafone Idea, the country's third largest telecom operator, on Wednesday reported a staggering Rs 73,878 crore of net loss in fiscal ended March 2020 -- the highest ever by any Indian firm -- after it provisioned for Supreme Court-mandated statutory dues. The firm, which has to pay Rs 51,400 crore dues after the apex court ordered the non-telecom revenues to be included in calculating statutory dues, said the liability has "cast significant doubt on the company's ability to continue as a going concern".

Kerala hails Pinarayi, sends Modi a message

Kerala hails Pinarayi, sends Modi a message

Rediff.com17 Dec 2020

The humiliating rebuff given to the power brokers in Delhi in Kerala's local body election carries a big message: Malayalis thoroughly disapprove of the Modi government's shenanigans to misuse central agencies to destabilise a genuinely popular state government, notes M K Bhadrakumar.

'Kongu Nadu' part of BJP's Grand Plan?

'Kongu Nadu' part of BJP's Grand Plan?

Rediff.com13 Jul 2021

New Union minister L Murugan's declaration of Kongu Nadu as his native place, instead of Tamil Nadu, may be part of a grand BJP strategy to create new states out of existing ones, particularly those that have anti-BJP governments, mulls N Sathiya Moorthy.

Advice to investors: 'Stay away from lure of short term gains'

Advice to investors: 'Stay away from lure of short term gains'

Rediff.com14 Dec 2020

'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'

Vote against BJP, say 600 theatre artists in letter

Vote against BJP, say 600 theatre artists in letter

Rediff.com5 Apr 2019

The government has "suffocated" the institutions where argument, debate and dissent were nurtured, the letter stated.

Pakistan tries to cement ties with Saudi Arabia

Pakistan tries to cement ties with Saudi Arabia

Rediff.com21 Jan 2021

India should remember that Pakistan-Saudi Arabia relations will remain special due, not least, to bonds of all Muslims with The Holy Land. They would also be strategic enough, irrespective of whether the ambassador is a military man or a career civilian appointee., notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.

Tamil Nadu cancels land allotment for Coca Cola plant

Tamil Nadu cancels land allotment for Coca Cola plant

Rediff.com21 Apr 2015

The state government's move comes following stiff opposition.

Investors lose Rs 4.30 lakh cr in 5 days as markets sink

Investors lose Rs 4.30 lakh cr in 5 days as markets sink

Rediff.com6 Mar 2018

Overall, in the last five straight sessions, the index has lost nearly 1,129 points.

How the Kerala-based CSB Bank made a dramatic turnaround

How the Kerala-based CSB Bank made a dramatic turnaround

Rediff.com27 Nov 2020

For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.

Why real estate firms are staying away from rolling out IPOs

Why real estate firms are staying away from rolling out IPOs

Rediff.com15 Feb 2017

Property sales have been sluggish and the sector has been facing headwinds. So, firms are in wait-and-watch mode.

Is LAC going to be like the LoC?

Is LAC going to be like the LoC?

Rediff.com17 Jul 2020

Indian Army planners find themselves contemplating the possibility of more Chinese intrusions along the contested 3,488-km border. That could lead to the army having to man a 'hardened LAC' round the year, like the LoC with Pakistan, reports Ajai Shukla.

What are 10,000 Chinese troops doing in India?

What are 10,000 Chinese troops doing in India?

Rediff.com2 Jun 2020

The Indian Army has been slow to react. Indian troops have deployed in the vicinity of PLA incursions, but there are no attempts to outflank Chinese positions.

Why Cayman Islands is a big headache for taxmen in India

Why Cayman Islands is a big headache for taxmen in India

Rediff.com1 Jun 2020

Equity inflows worth $3.7 billion came from the sunny Caribbean jurisdiction in 2019-20, a 267 per cent increase from the $1 billion registered in 2018-19 making it India's 10th largest source of FDI.

10 trekkers killed in Theni forest fire

10 trekkers killed in Theni forest fire

Rediff.com12 Mar 2018

4 copters of the IAF and their 10 commandos are involved in the rescue operation.

ASK ANU: 'My husband doesn't love me'

ASK ANU: 'My husband doesn't love me'

Rediff.com20 Sep 2021

Mental health and life coach Anu Krishna tells you how to take charge of your life.

Is Rahul Gandhi misfiring again?

Is Rahul Gandhi misfiring again?

Rediff.com23 May 2020

'Rahul Gandhi's recent video performances offer little hope - the first fell flat in attacking government 'strategy'; the second showed him in a position unbecoming of a leader,' argues T N Ninan.

3 key reasons why IT cos in India are cutting jobs

3 key reasons why IT cos in India are cutting jobs

Rediff.com18 Nov 2019

Sector experts say rising pressure on margins owing to price discounts on the core business, increased hiring in the US and emergence of new technology areas are key reasons for such cost cutting.

Direct tax shortfall likely to be at 20-year high

Direct tax shortfall likely to be at 20-year high

Rediff.com31 Mar 2020

The income tax department estimates total collection to be between Rs 10.5 trillion and Rs 10.7 trillion against the revised target of Rs 11.7 trillion.

After onion, now tomato prices go up thanks to rains

After onion, now tomato prices go up thanks to rains

Rediff.com29 Sep 2019

Trade sources believe that tomato supply from Maharashtra has slumped due to incessant rain in the state towards the fag end of the monsoon season, reports Dilip Kumar Jha.

COVID-19 cutbacks: Why women may end up biggest losers

COVID-19 cutbacks: Why women may end up biggest losers

Rediff.com15 May 2020

Women have enjoyed some hard-won gains in elite sports in recent years, with pro leagues starting up in a number of countries and growing support for their fight for pay parity.

Yes Bank continues to roil other private lenders

Yes Bank continues to roil other private lenders

Rediff.com19 Mar 2020

Private sector lenders have been communicating to their customers about their strong capital positions but it has not put depositors at ease.

Unnao rape case: Sengar moves HC against life term

Unnao rape case: Sengar moves HC against life term

Rediff.com15 Jan 2020

The trial court had awarded him the maximum punishment of life term with a rider that the convict will remain in jail for "remainder of his natural biological life" and also imposed an exemplary fine of Rs 25 lakh on him to be paid within a month.

Power sector: What the new government needs to do

Power sector: What the new government needs to do

Rediff.com1 May 2014

Now, expectations are high that the incoming government will act swiftly to put the sector back on the rails.

Ask Gaurav: Advice for not-so aggressive investors

Ask Gaurav: Advice for not-so aggressive investors

Rediff.com15 Dec 2020

Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries

IBC: Primacy of lenders in insolvency cases restored

IBC: Primacy of lenders in insolvency cases restored

Rediff.com29 Jul 2019

The amendments give committee of creditors of a loan defaulting company explicit authority over the distribution of proceeds in the resolution process and fixes a firm timeline of 330 days for resolving cases referred to the IBC.

There is simply no escape from printing money

There is simply no escape from printing money

Rediff.com29 Apr 2020

'This is not without risk because extraordinary steps taken in exceptional times have the habit of becoming habits until the next crisis intervenes,' warns T N Ninan.

Gold prices plunge by Rs 600 on weak global cues

Gold prices plunge by Rs 600 on weak global cues

Rediff.com31 Oct 2014

Gold prices plunged by Rs 600 to Rs 26,500 per 10 grams in the national capital today after the precious metal slumped to the lowest level since 2010 in global markets as the strengthening dollar eroded demand for the commodity.

India Inc more vulnerable now than in recession of 2008

India Inc more vulnerable now than in recession of 2008

Rediff.com14 Apr 2020

Profitability and cash reserves have halved since the global financial crisis.

3 NEET candidates die by suicide in TN

3 NEET candidates die by suicide in TN

Rediff.com13 Sep 2020

The deaths brought back the focus on NEET in the state, with all political parties but for the BJP opposed to the qualifying exam.

Investor wealth plummets Rs 2.69 lakh cr as markets crash

Investor wealth plummets Rs 2.69 lakh cr as markets crash

Rediff.com11 Oct 2018

From the BSE 30-share blue chip pack, 27 scrips ended with losses led by SBI and Tata Steel.

Why AIADMK joined forces with BJP

Why AIADMK joined forces with BJP

Rediff.com23 Nov 2020

'In the last three to four months the BJP vote share in Tamil Nadu, which was 2.86% in 2016, has gone up to about 5%-6%.' 'The AIADMK will lose the minority votes and others who don't like the BJP and Modi.' 'The AIADMK decided to take the risk to get the 5%-6% votes that the BJP will bring in.'