News for 'financial strain'

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.

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%.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.'

'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.'

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.

'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.'

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.

'No One Has Seen Cheetahs In A Year'

'No One Has Seen Cheetahs In A Year'

Rediff.com20 Aug 2024

'Not disclosing information to the public indicates that there is something wrong with Project Cheetah.'

A Salute To An IAF Legend

A Salute To An IAF Legend

Rediff.com12 Sep 2024

'There cannot be anyone like Air Marshal Keelor -- he was so difficult to emulate.' Air Commodore Nitin Sathe (retd) salutes War Hero Air Marshal Denzil Keelor PVSM, KC, AVSM, VrC who passed into the ages last month.

Naturals Ice Cream: Amazing Start-Up Story

Naturals Ice Cream: Amazing Start-Up Story

Rediff.com18 May 2024

When its founder, Raghunandan Kamath, took a calculated risk, his Bollywood customers backed him all the way, say Rohith Potti and Pooja Bhula.

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.

Liquidity deficit widens to Rs 2 trn, on back of advance tax outflows

Liquidity deficit widens to Rs 2 trn, on back of advance tax outflows

Rediff.com20 Dec 2023

Funds raised by banks through certificates of deposit in December clocked the highest in the financial year 2023-24 as liquidity remained tight in the system with the Reserve Bank of India (RBI) infusing Rs 2.01 trillion on Monday, the highest in the current financial year. The liquidity deficit in the banking system widened to more than Rs 2 trillion on Monday on the back of advance tax outflows, market participants said. Around Rs 4 trillion worth of outflows are expected because of advanced tax and goods and services tax (GST) payments in December.

'What happens when a Marathi manoos takes a loan'

'What happens when a Marathi manoos takes a loan'

Rediff.com4 Aug 2023

'He said the N D Studios wasn't functioning, shootings were not happening.'

India, Pakistan attempted to interfere in Canada's polls, alleges spy agency

India, Pakistan attempted to interfere in Canada's polls, alleges spy agency

Rediff.com6 Apr 2024

India has strongly rejected as "baseless" allegations of its interference in Canadian elections and asserted that the core issue has been Ottawa's meddling in New Delhi's internal affairs.

Time To Shut Down Coaching Classes?

Time To Shut Down Coaching Classes?

Rediff.com24 Aug 2024

The coaching-tuition-profiteering model built on the back of a broken education system is a scandal and an abomination, and must go, asserts Shekhar Gupta.

Sania confirms split; wishes Shoaib Malik happiness

Sania confirms split; wishes Shoaib Malik happiness

Rediff.com21 Jan 2024

Sania confirms divorce with Shoaib, wishes Pakistan cricketer well for new journey

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com20 Aug 2023

With the first quarter earnings season coming to an end, the domestic equity markets would be driven by global trends and trading activity of foreign investors this week, analysts said. The movement of global oil benchmark Brent crude and the rupee against the dollar would also drive trends in the market. "Macroeconomic indicators, trends in global stock markets and FII activities will be pivotal in shaping market trends in the coming days," Pravesh Gour, senior technical analyst at Swastika Investmart Ltd, said.

India asks Canada to recall 41 diplomats by Oct 10: Report

India asks Canada to recall 41 diplomats by Oct 10: Report

Rediff.com4 Oct 2023

Neither India nor Canada reacted to the report that came 12 days after New Delhi asked Ottawa to downsize its diplomatic presence in India.