News for 'estimated'

Will RBI Cut Repo Rate Following Trump's Tariffs?

Will RBI Cut Repo Rate Following Trump's Tariffs?

Rediff.com5 Aug 2025

'The US reciprocal tariff has added another element of uncertainty and the central bank may prefer to wait and get further clarity.'

Box Office: Saiyaara Is A Blockbuster

Box Office: Saiyaara Is A Blockbuster

Rediff.com21 Jul 2025

It will enter the Rs 100 Crore Club by Tuesday, and then march on.

Youth Unemployment Rate Rises For Second Month In A Row

Youth Unemployment Rate Rises For Second Month In A Row

Rediff.com16 Jul 2025

The rise was more pronounced in urban areas than in the rural areas.

SC asks EC to publish details of 65 lakh deleted voters with reasons

SC asks EC to publish details of 65 lakh deleted voters with reasons

Rediff.com15 Aug 2025

The Supreme Court has directed the Election Commission of India (ECI) to publish details of deleted names from the voters list in Bihar, along with reasons for non-inclusion, to enhance transparency in the special intensive revision (SIR) of the electoral roll.

Illinois Tech To Open Mumbai Campus Next Year

Illinois Tech To Open Mumbai Campus Next Year

Rediff.com18 Jul 2025

At the Mumbai campus the institute will offer both UG and graduate degrees, most of its courses will focus on science, technology, engineering and mathematics.

'Markets Have Already Scaled A Wall Of Worry'

'Markets Have Already Scaled A Wall Of Worry'

Rediff.com7 Aug 2025

'From tariff tensions and border skirmishes to unrest in West Asia.' 'The worst may be behind us. But any further upmove will now have to come from earnings.'

Fiscal deficit slips to 0.8% of full-year target at May-end 2025: CGA data

Fiscal deficit slips to 0.8% of full-year target at May-end 2025: CGA data

Rediff.com30 Jun 2025

The central government's fiscal deficit fell to 0.8 per cent of the full-year target at the end of May, mainly due to a whopping Rs 2.69 lakh crore dividend received from the Reserve Bank of India. The fiscal deficit, or gap between the government's expenditure and revenue, had touched 11.9 per cent of the Budget Estimates (BE) for 2025-26 or Rs 1.86 lakh crore in April.

RBI's decision to hold rate at 5.5% is misplaced? Or not?

RBI's decision to hold rate at 5.5% is misplaced? Or not?

Rediff.com6 Aug 2025

Mixed views were expressed by top economists on the Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to hold the repo rate at 5.5% and maintain a neutral stance. While some say the decision was as expected and one more rate reduction is expected this fiscal, there is also a view that rate cut by MPC was warranted given the evolving global situation.

Trump's Tariffs: Why India Needs To Be Strategic

Trump's Tariffs: Why India Needs To Be Strategic

Rediff.com12 Aug 2025

In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.

Manufacturing sector pulls down GDP growth to 7.4% in Q4; FY25 growth to 6.5%

Manufacturing sector pulls down GDP growth to 7.4% in Q4; FY25 growth to 6.5%

Rediff.com30 May 2025

India's economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday. The growth in the January-March period was lower than the 8.4 per cent expansion in the year-ago quarter.

Higher US tariffs may trim GDP growth by 30 bps: Barclays

Higher US tariffs may trim GDP growth by 30 bps: Barclays

Rediff.com31 Jul 2025

The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven economy, Barclays said on Thursday. If the 25 per cent tariff, announced by US President Donald Trump on Wednesday, is implemented from August 1, the effective average US import tariff on Indian goods will rise to 20.6 per cent in trade-weighted terms, as per Barclays estimates.

Strong order pipeline, execution to drive gains for L&T

Strong order pipeline, execution to drive gains for L&T

Rediff.com7 Aug 2025

Larsen & Toubro's (L&T) Q1FY26 revenue and net profit came in slightly ahead of estimates. There was strong core engineering and construction (E&C) order inflows at Rs 76,600 crore, with order wins in energy and infrastructure in domestic and international markets.

India's June exports shrink but shipments to US zoom

India's June exports shrink but shipments to US zoom

Rediff.com16 Jul 2025

Merchandise exports to the US jumped 23.5 per cent year-on-year (Y-o-Y) to $8.3 billion in June, even as India's overall outbound shipments witnessed contraction during the month, according to the data released by the commerce department on Tuesday. The increase in outbound shipments to the US was largely driven by the rush among exporters to utilise America's pause on its plans to impose country-specific reciprocal tariffs.

The Alaska Fiasco: Lessons For India

The Alaska Fiasco: Lessons For India

Rediff.com16 Aug 2025

The point to note for India is that we must not panic. The United States may be our largest export destination, but high tariffs will not exactly mean gloom and doom. Sure, we can throw some morsels as we continue negotiating, but we must be firm that some red lines cannot be crossed, no matter what, asserts Shreekant Sambrani.

Crypto thefts top $2.17 billion in 2025

Crypto thefts top $2.17 billion in 2025

Rediff.com22 Jul 2025

Crypto thefts in 2025 had already crossed $2.17 billion before last week's $44 million CoinDCX hack, underlining relentless cyber threat escalation in the digital currency world, according to the latest data. Blockchain analytics platform Chainalysis' 2025 crypto crime mid-year update says that over $2.17 billion was stolen from cryptocurrency services so far in 2025, and "this year is more devastating than the entirety of 2024".

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

LTIMindtree misses revenue, profit estimates

LTIMindtree misses revenue, profit estimates

Rediff.com25 Apr 2024

IT services major LTIMindtree reported a net profit of Rs 1,100 crore for the fourth quarter of financial year 2023-24 (FY24), down 1.2 per cent year-on-year (Y-o-Y) from Rs 1,141 crore in the same quarter last financial year. Revenue grew 2.3 per cent Y-o-Y for the fourth quarter to Rs 8,892.9 crore. Sequentially, revenue was down 1.4 per cent.

Brisbane gets $2.2 billion govt boost for 2032 Olympics

Brisbane gets $2.2 billion govt boost for 2032 Olympics

Rediff.com3 Jul 2025

'We are ready to deliver a Brisbane 2032 games that will leave the same incredible legacy for Queensland.'

Big celebs among 29 booked for 'endorsing' betting apps

Big celebs among 29 booked for 'endorsing' betting apps

Rediff.com10 Jul 2025

The Enforcement Directorate has filed a money laundering case to look into the role of more than two dozen celebrities, including actors like Vijay Deverakonda, Rana Daggubati and Prakash Raj, apart from some social media influencers and YouTubers in Telangana as part of a money laundering probe against certain online betting platforms, official sources said on Thursday.

Big celebs among 29 booked for 'endorsing' betting apps

Big celebs among 29 booked for 'endorsing' betting apps

Rediff.com10 Jul 2025

The Enforcement Directorate has filed a money laundering case to investigate the role of celebrities, including actors Vijay Deverakonda and Rana Daggubati, in promoting online betting platforms.

Karnataka govt blames RCB, KSCA for Bengaluru stampede

Karnataka govt blames RCB, KSCA for Bengaluru stampede

Rediff.com17 Jul 2025

The status report claims that RCB organised a massive victory parade and celebration without prior permission or furnishing mandatory details to city authorities.

Jurassic World Does Better Than Metro...In Dino

Jurassic World Does Better Than Metro...In Dino

Rediff.com7 Jul 2025

F1: The Movie is doing well, having crossed Rs 50 crore.

Should India rethink US ties after Trump's Pak tilt?

Should India rethink US ties after Trump's Pak tilt?

Rediff.com31 Jul 2025

Strategic affairs experts express concern over US President Donald Trump's tariffs on India, his 'bullying tactics,' and increasing attempts to hyphenate New Delhi with Islamabad, signaling a potential shift in the bilateral relationship.

Himachal monsoon fury: 52 killed, 58 disasters since June 20

Himachal monsoon fury: 52 killed, 58 disasters since June 20

Rediff.com7 Jul 2025

Himachal Pradesh has been severely affected by flash floods, cloudbursts, and landslides since the monsoon began. At least 52 people have died, and search operations are underway for those missing.

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Rediff.com7 Jul 2025

Indian information technology (IT) service providers are expected to deliver low single-digit sequential growth in the first quarter (April-June) of 2025-26 (FY26), even as macroeconomic uncertainties continue to persist due to the volatile geopolitical environment.

What C P Radhakrishnan's Choice Means For Modi, BJP

What C P Radhakrishnan's Choice Means For Modi, BJP

Rediff.com18 Aug 2025

By naming a sworn swayamsevak for vice president, the Modi-Shah duo have sent out a clear and positive message to Nagpur, where the RSS headquarters is located, explains N Sathiya Moorthy.

Superman Beats Maalik At The Box Office

Superman Beats Maalik At The Box Office

Rediff.com14 Jul 2025

After comedies like Bhool Chuk Maaf and Stree, National Award-winning actor Rajkummar Rao tries hard core action in the gangster film, Maalik.

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

Trump threatens steeper tariffs on India over Russian oil buy

Trump threatens steeper tariffs on India over Russian oil buy

Rediff.com4 Aug 2025

"India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," Trump said in a social media post on Monday.

Manufacturing dominated new projects in Q1, share at 10-quarter high

Manufacturing dominated new projects in Q1, share at 10-quarter high

Rediff.com21 Jul 2025

More than half of all new project announcements in the June 2025 quarter came from the manufacturing sector. Manufacturing projects worth around Rs 2.3 trillion were announced in the three-month period, accounting for 54 per cent of total new projects, according to data from the Centre for Monitoring Indian Economy (CMIE).

Trump's 'big, beautiful bill' clears House by 4 votes

Trump's 'big, beautiful bill' clears House by 4 votes

Rediff.com4 Jul 2025

In a narrow 218-214 vote, the United States House of Representatives on Thursday passed President Donald Trump's massive $4.5 trillion tax and spending bill -- his signature second-term policy package -- just ahead of the July 4 deadline.

AdFalciVax Is India's Malaria Vaccine

AdFalciVax Is India's Malaria Vaccine

Rediff.com21 Jul 2025

'AdFalciVax may offer advantages such as broader protection and a lower risk of immune evasion compared to existing single-stage malaria vaccines.'

Why Is Foxconn Pulling Staff From India?

Why Is Foxconn Pulling Staff From India?

Rediff.com3 Jul 2025

The Foxconn move may have been prompted by the Chinese government's focus on strengthening its supply chain.

Fiscal deficit for FY25 estimated to be 4.9%: FM

Fiscal deficit for FY25 estimated to be 4.9%: FM

Rediff.com23 Jul 2024

Union Finance Minister Nirmala Sitharaman on Tuesday said the fiscal deficit for 2024-25 is estimated at 4.9 per cent of GDP.

'All India Radio Is No Underdog'

'All India Radio Is No Underdog'

Rediff.com13 Aug 2025

'The largest listenership for Vividh Bharati outside the country is in Spain.' 'The labourers who go there for the tomato-picking season feel cut off from their country and listen to Vividh Bharati to overcome their loneliness.'

China begins $168-bn dam project over Brahmaputra amid India's concerns

China begins $168-bn dam project over Brahmaputra amid India's concerns

Rediff.com19 Jul 2025

China has formally started the construction of a USD 167.8 billion dam over the Brahmaputra River in Tibet, close to the Indian border in Arunachal Pradesh, raising concerns in India and Bangladesh.

Trump slaps 25% tariff on India from Aug 1

Trump slaps 25% tariff on India from Aug 1

Rediff.com30 Jul 2025

US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.

Compensation Assured for Crash Victims

Compensation Assured for Crash Victims

Rediff.com14 Jul 2025

The only case where there could be a change in insurance payout is if Air India's management were found to be aware of the accident and the accident was deliberate.

Grasim: Investors bet on paints, ignore weakness in core biz

Grasim: Investors bet on paints, ignore weakness in core biz

Rediff.com18 Jun 2025

The AV Birla group flagship Grasim Industries has been an outperformer on the bourses. The company's stock price is up 56.5 per cent in the last

Will India-UK FTA Be Boon For British Cars?

Will India-UK FTA Be Boon For British Cars?

Rediff.com28 Jul 2025

For UK automakers, market access to India will be limited by quantity caps and phased tariff cuts, especially on petrol, diesel and electric vehicles.