News for 'financial strain'

Why Trump wants his supporters to donate to Democrats

Why Trump wants his supporters to donate to Democrats

Rediff.com10 Nov 2024

President-elect Donald Trump urged his supporters to donate to Democrats to help them overcome the 'financial strain' in the aftermath of the general elections.

Motown rides on new launches, enhanced discounts; PV sales rise 10% in July

Motown rides on new launches, enhanced discounts; PV sales rise 10% in July

Rediff.com5 Aug 2024

Passenger vehicle retail sales in India witnessed a 10 per cent on-year jump in July driven by new model launches and enhanced discounts, industry body FADA said on Monday. Total passenger vehicle retail sales rose to 3,20,129 units in July, as compared to 2,90,564 units in July 2023. "Dealers reported benefits from good product availability, attractive schemes, and a wider range of products," the Federation of Automobile Dealers Associations (FADA) vice president C S Vigneshwar said in a statement.

Meet the boatman who made Rs 30 crore during Kumbh

Meet the boatman who made Rs 30 crore during Kumbh

Rediff.com5 Mar 2025

Inspired by the earnings of boat operators during the 2019 Ardh Kumbh, a boatman's family in Uttar Pradesh's Prayagraj took a bold entrepreneurial step during the recently concluded Mahakumbh Mela 2025, generating a staggering profit of Rs 30 crore.

Pak snubbed, ICC exposed: Champions Trophy was doomed from the start

Pak snubbed, ICC exposed: Champions Trophy was doomed from the start

Rediff.com10 Mar 2025

Allowing India to play all their matches in Dubai robbed Pakistan of the honour of hosting the final and disrupted the schedule of the knockout matches.

'How To Repay Rs 30 Lakh Gold Loan?'

'How To Repay Rs 30 Lakh Gold Loan?'

Rediff.com10 Dec 2024

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

PV sales in June skid 7% on heatwave woes

PV sales in June skid 7% on heatwave woes

Rediff.com5 Jul 2024

Passenger vehicle retail sales in India witnessed a 7 per cent on-year decline in June as severe heatwave conditions resulted in 15 per cent less showroom walk-ins, industry body FADA said on Friday. Overall passenger vehicle registrations stood at 2,81,566 units last month, as compared to 3,02,000 units in June 2023. "Despite improved product availability and substantial discounts aimed at stimulating demand, market sentiment remains subdued due to extreme heat resulting in 15 per cent less walk-ins and delayed monsoons," the Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.

Ghost Jobs Are Worse Than No Jobs!

Ghost Jobs Are Worse Than No Jobs!

Rediff.com20 Feb 2025

By staying informed and focusing on legitimate job openings, candidates can navigate the job market more effectively and safeguard their career aspirations.

Will Pak hockey team travel to India for Junior WC?

Will Pak hockey team travel to India for Junior WC?

Rediff.com20 Dec 2024

Pakistan qualified for the 2025 Junior Hockey World Cup event after finishing runners-up in the Asia Cup held in Oman recently. They had lost the continental final to India 3-5.

Allu Arjun, Pushpa makers to give Rs 2 cr to stampede victim kin

Allu Arjun, Pushpa makers to give Rs 2 cr to stampede victim kin

Rediff.com25 Dec 2024

Actor Allu Arjun and makers of the film Pushpa on Wednesday announced financial assistance of Rs 2 crore for the family of the woman who died in a stampede during the film's screening at a theatre in Hyderabad on December 4.

Indian Parents Risk Savings For Child's Education

Indian Parents Risk Savings For Child's Education

Rediff.com12 Sep 2024

For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

How S Africa can become Champions Trophy favourites?

How S Africa can become Champions Trophy favourites?

Rediff.com11 Feb 2025

Former South African captain Graeme Smith is confident that his country will end its long wait for an ICC trophy in 2023, with the Champions Trophy and World Test Championship final on the horizon. He believes the team is in a strong position to break their drought and is focused on developing the nation's cricket ecosystem ahead of the 2027 World Cup.

Paint sector: Why brokerages say risk/reward balance remains unfavourable

Paint sector: Why brokerages say risk/reward balance remains unfavourable

Rediff.com3 Mar 2025

A sharp correction in stock prices, signs of rural recovery, and lower raw material costs have not been enough to change brokerages' cautious stance on the top-listed paint companies. Concerns over rising competition and weak demand continue to weigh on sentiment.

Why Tharoor Gives The Congress A Headache

Why Tharoor Gives The Congress A Headache

Rediff.com24 Feb 2025

The Kerala unit of the Congress instantly gets a headache when Shashi Tharoor lets loose one of his observations showering flowers on enemy territory. With every such action triggering controversy within a nervous Congress party, some feel it is high time Tharoor showed a degree of solidarity with the ideals of his party, notes Shyam G Menon.

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Rediff.com22 Feb 2024

Edtech firm Think and Learn Private Ltd, owner of Byju's, on Thursday said neither the company's founder and CEO Byju Raveendran nor any other board member will attend the extraordinary general meeting called by some select investors. Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over alleged "mismanagement and failures". Byju's has called the EGM "procedurally invalid" and contractually in contravention of the company's article of association and shareholder's agreement.

India's Crude Imports Could Face Problems in 2025

India's Crude Imports Could Face Problems in 2025

Rediff.com9 Jan 2025

However, copious oil supplies amid growing global output and slowing Chinese oil consumption will put India in a better bargaining position with Gulf suppliers.

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

Rediff.com24 Nov 2024

The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings.

Medical inflation, high coverage drive up ticket sizes for retail health insurers

Medical inflation, high coverage drive up ticket sizes for retail health insurers

Rediff.com13 Mar 2024

The average ticket size of retail health insurance in India has increased by nearly 48 per cent over 6 years due to elevated medical inflation and increased demand for higher coverage policies among policyholders. According to data by online insurance broker PolicyBazaar, the average ticket size of retail health insurance in India has increased to Rs 26,533 so far in FY24, up 48.22 per cent from Rs 17,900 in FY19.

Dr Singh, Devoted Husband And Father

Dr Singh, Devoted Husband And Father

Rediff.com28 Dec 2024

Nitin Desai, who has known Dr Singh from 1971, extends his 'deepest condolences to his wife Gurcharan Kaur and to his three talented daughters Upinder, the historian; Daman, the writer; and Amrit, the human rights activist.'

'Maharashtra's Economy Is Going Sri Lanka's Way'

'Maharashtra's Economy Is Going Sri Lanka's Way'

Rediff.com5 Dec 2024

'Maharashtra is virtually in a debt trap.'

Cars to cost more from January

Cars to cost more from January

Rediff.com8 Dec 2024

Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January. Carmakers cite an increase in input costs and operational expenses as the main reason to implement price increases from the next month. Industry experts, however, note that the exercise is also undertaken by automakers every year in December to shore up sales volume in the last month of the year, as customers postpone buyouts to later months to get the new year manufactured units.

Pak invites Modi to SCO meeting in Islamabad

Pak invites Modi to SCO meeting in Islamabad

Rediff.com29 Aug 2024

During a weekly press briefing, the Foreign Office Spokesperson Mumtaz Zahra Baloch said that invitations have been sent to the heads of countries to participate in the meeting which will take place on October 15-16, the Dawn newspaper reported.

Why Byju's is unable to pay salaries to staff

Why Byju's is unable to pay salaries to staff

Rediff.com2 Mar 2024

Byju's founder Byju Raveendran on Saturday said the edtech company will not be able to pay salaries to employees as the recent funds raised through a rights issue are inaccessible due to a legal dispute with certain investors. In a letter to staff, Raveendran said the rights issue, launched a month ago, has been successfully closed. "This was supposed to be a happy correspondence.

India maintained assertive approach along LAC in 2024

India maintained assertive approach along LAC in 2024

Rediff.com31 Dec 2024

In a year bookended by intractable conflicts and geopolitical fragmentation, India focused on ramping up military prowess by broadly firming up defence procurement worth Rs 4.22 lakh crore even as Indian and Chinese militaries completed pulling back their troops from border face-off points in eastern Ladakh.

As PV sales dip, FADA raises alarm over rising inventory level

As PV sales dip, FADA raises alarm over rising inventory level

Rediff.com5 Sep 2024

Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account of delayed customer purchases, poor consumer sentiment and persistent heavy rains, industry body FADA said on Thursday. The overall passenger vehicle (PV) registrations last month stood at 309,053 units, as compared to 323,720 units in August 2023.

New rules: How will airlines decide if a bomb threat is serious

New rules: How will airlines decide if a bomb threat is serious

Rediff.com30 Oct 2024

Pseudonymous or anonymous nature of the social media handle, analysis of the geopolitical situation and presence of VIPs onboard are some of the new criteria that agencies will keep in mind while considering the seriousness of a bomb threat made to Indian airlines.

The 102-Year-Old Cricketer

The 102-Year-Old Cricketer

Rediff.com28 May 2024

Haji Karam Din continues to play the game he loves and inspires new generations with his passion for cricket.

S&P affirms India's rating at lowest grade for 14th year in a row

S&P affirms India's rating at lowest grade for 14th year in a row

Rediff.com13 Jul 2021

S&P Global Ratings on Tuesday affirmed India's sovereign rating at the lowest investment grade of 'BBB-' for the 14th year in a row with a stable outlook, and said that the country's strong external settings will act as a buffer against financial strains despite elevated government funding needs over the next 24 months. The sovereign credit ratings on India reflect the economy's above-average long-term real GDP growth, sound external profile, and evolving monetary settings, S&P Global Ratings stated. "India's democratic institutions promote policy stability and compromise, and also underpin the ratings. "These strengths are balanced against vulnerabilities stemming from the country's low per capita income and weak fiscal settings, including consistently elevated general government deficits and indebtedness," it said in a statement. S&P Global Ratings has forecast economic activity in India to begin to normalise throughout the remainder of fiscal 2022, resulting in real GDP growth of about 9.5 per cent.

'Performance in IPL will be important for T20 World Cup selection'

'Performance in IPL will be important for T20 World Cup selection'

Rediff.com8 Feb 2024

Veteran coach Tom Moody on Thursday said the players' performance in highly-competitive leagues like IPL and ILT20 will have an added heft this time because of the impact it can have on the team selection ahead of the T20 World Cup.

Battle For Survival For Pawars, Uddhav, Shinde

Battle For Survival For Pawars, Uddhav, Shinde

Rediff.com19 Nov 2024

Voters, it is said, get the government they deserve. We will soon see what voters in Maharashtra choose. Till then, a sense of helplessness and scepticism hangs in the air, notes Ramesh Menon.

What assurance did Jaishankar give to Maldives

What assurance did Jaishankar give to Maldives

Rediff.com11 Aug 2024

External Affairs Minister S Jaishankar on Sunday concluded a crucial visit to Male, assuring the country's top leadership that the Maldives remains an important partner of India in maintaining peace, stability and prosperity in the Indian Ocean region.

Okay To Live Apart When You're Married?

Okay To Live Apart When You're Married?

Rediff.com13 Sep 2024

While it's important to work towards saving your marriage, you must also be willing to accept that the outcome may not be what you hope for, says Dr Ashish Sehgal.

ATF price cut 5.8%; commercial LPG rate hiked

ATF price cut 5.8%; commercial LPG rate hiked

Rediff.com1 Nov 2023

Jet fuel or ATF price on Wednesday was cut by almost 6 per cent after four rounds of monthly increases since July, while commercial cooking gas (LPG) rates were raised by a steep Rs 101.5 per 19-kg cylinder in line with international benchmarks. However, the price of domestic LPG - used in household kitchens for cooking purposes - remained unchanged at Rs 903 per 14.2-kg cylinder. Aviation turbine fuel (ATF) price was cut by Rs 6,854.25, or 5.79 per cent, in the national capital to Rs 111,344.92 per kl from Rs 118,199.17, according to a price notification of state-owned fuel retailers.

'Is it usual for a store to be empty at 6 pm?'

'Is it usual for a store to be empty at 6 pm?'

Rediff.com2 Jan 2024

'Due to rural stress, volumes continue to remain an issue for the industry, and we are yet to see any revival in demand.'

Poll Schemes Threaten Maharashtra's Finances

Poll Schemes Threaten Maharashtra's Finances

Rediff.com4 Nov 2024

Schemes like the Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items.

Why Vettaiyan May Become A Blockbuster

Why Vettaiyan May Become A Blockbuster

Rediff.com8 Oct 2024

'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'

If good neighbourliness is missing...: Jaishankar's dig at China, Pak

If good neighbourliness is missing...: Jaishankar's dig at China, Pak

Rediff.com16 Oct 2024

Delivering a thinly veiled message to Pakistan from its soil, External Affairs Minister S Jaishankar on Wednesday said activities across borders characterised by the 'three evils' of terrorism, extremism and separatism are unlikely to encourage trade, energy flows and connectivity.

Pak army chief visits Saudi Arabia amid strained ties

Pak army chief visits Saudi Arabia amid strained ties

Rediff.com17 Aug 2020

Diplomatic sources in Islamabad said that Gen Bajwa was accompanied by the Inter-Services Intelligence chief Lt Gen Faiz Hameed.

'Noel Tata Should Be Inducted Into Tata Sons Soon'

'Noel Tata Should Be Inducted Into Tata Sons Soon'

Rediff.com12 Oct 2024

'The quality of a leader should be such that even if the leader is not there, the institution carries on.'

Delayed Chinese football league to kick off on July 25

Delayed Chinese football league to kick off on July 25

Rediff.com1 Jul 2020

The Chinese Super League will kick off on July 25 after a delay of almost five months from its scheduled start, the Chinese Football Association (CFA) said on Wednesday. The league was originally set to start on February 22 but was postponed indefinitely because of the spread of COVID-19, which first emerged in China late last year.