News for 'financial struggles'

Why Shah Rukh Needed Action To Revive His Career

Why Shah Rukh Needed Action To Revive His Career

Rediff.com20 Feb 2023

Shah Rukh had outgrown the roles that made him a star -- the menacing, obsessive lover in Darr, the regular guy in Kabhi Haan Kabhi Na or the new age boyfriend in Dilwale Dulhania Le Jayenge. By the time he entered his 50s, he was struggling to find his feet, explains Vanita Kohli-Khandekar.

Sentiment turns stronger for steel stocks

Sentiment turns stronger for steel stocks

Rediff.com9 Sep 2023

Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. First, there was a sharp price rise due to fears of supply disruption, followed by weak global demand. China's weakness and rolling lockdowns have hit production and demand.

How India's financial sector tackled economic crisis

How India's financial sector tackled economic crisis

Rediff.com28 Oct 2014

A customer wanting to buy a car would have to wait a long time for delivery.

Quickly provide engines for grounded fleet: IndiGo to Pratt & Whitney

Quickly provide engines for grounded fleet: IndiGo to Pratt & Whitney

Rediff.com25 May 2023

Low-cost carrier IndiGo has asked American aerospace manufacturer Pratt & Whitney (PW) to quickly provide engines for the airline to press its grounded planes back into service, sources said on Wednesday. The airline wants to increase its domestic frequency to fill the supply-side void created after Go First's exit, they added. Go First stopped operating flights from May 3 after filing an insolvency application with the National Company Law Tribunal.

Women, Take Charge Of Your Finances!

Women, Take Charge Of Your Finances!

Rediff.com17 Mar 2023

There are millions of Indian women who avoid the responsibility of managing their finances due to a variety of reasons, including cultural and social conditioning.

RIL lags as markets near new highs; investors fret over rising debt

RIL lags as markets near new highs; investors fret over rising debt

Rediff.com6 Jun 2023

Reliance Industries (RIL) was the top-performing index stock on Friday (May 26) and closed the day with gains of 2.8 per cent, against a 1 per cent rise in the benchmark S&P BSE Sensex during the day. RIL's performance on the bourses on Friday was, however, an exception, and the stock has struggled to beat the broader market for nearly two years now. The company's share price is currently at the same level as in September 2021, while the benchmark index is up 6 per cent in the period.

Rahul Backs Modi On....!

Rahul Backs Modi On....!

Rediff.com1 Jun 2023

Rahul Gandhi supports New Delhi's policy of having its relationship with Russia in the context of the Ukrainian war, despite the pressure it feels from the West.

PE/VCs investment in India falls 44% to $3.5 bn in May

PE/VCs investment in India falls 44% to $3.5 bn in May

Rediff.com19 Jun 2023

Private equity and venture capital funds' investment in the country continued to fall in May, with the overall values declining by nearly 44 per cent to $3.5 billion, a report said on Monday. The dedicated funds had invested $6.2 billion in May 2022 and $7.4 billion in the preceding month of April 2023, representing a dip of 44 per cent and 52 per cent, respectively, as per the report by industry lobby IVCA and consultancy firm EY. "Despite a recovery of sorts being seen in tech sector indices and some of the large global tech names, sentiment in India for tech sector investments has been lacklustre, and fundraising by Indian startups has been sluggish," the firm's partner Vivek Soni said.

Attractive valuations make ICICI Prudential Life Insurance a long term buy

Attractive valuations make ICICI Prudential Life Insurance a long term buy

Rediff.com26 Oct 2023

ICICI Prudential Life Insurance Company (IPru) is struggling to generate growth in the value of new business (VNB). This is due to a combination of weak growth through the parent bank's channels, a shifting product mix in favour of unit-linked life insurance policies (ULIPS), and higher payouts to third-party channels. Leverage from current investments, a further reduction in contributions from ICICI Bank, and a pick-up in non-participating policies from the end of the year is key for this metric in the near to medium term.

Watch Konkona's Killer Magic On OTT

Watch Konkona's Killer Magic On OTT

Rediff.com18 Jan 2024

Some of her best films are not available on streaming platforms, but Deepa Gahlot looks at her Hindi cinema oeuvre on OTT.

'Big Three' planning to help lower-ranked players: Djokovic

'Big Three' planning to help lower-ranked players: Djokovic

Rediff.com19 Apr 2020

'I spoke to Roger and Rafa a few days ago and we had a conversation about the near future of tennis. How we can contribute to help lower ranked guys who are obviously struggling the most.'

This Ramzan, poor Muslims struggle for food in lockdown

This Ramzan, poor Muslims struggle for food in lockdown

Rediff.com23 May 2020

With mosques shut, workers and daily wage workers are left to fend for themselves, underscoring once again the magnitude of the crisis of unemployment and poverty triggered by the lockdown, which began on March 25 to stem the spread of the coronavirus.

Why Start-Ups Are Melting Down

Why Start-Ups Are Melting Down

Rediff.com13 Apr 2023

PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.

'Mewat never saw Hindu-Muslim clashes'

'Mewat never saw Hindu-Muslim clashes'

Rediff.com18 Aug 2023

'The situation in Nuh could have easily returned to normalcy if the trader class wished so, but they didn't.'

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

China an existential threat to US, 'preparing for war': Nikki Haley

China an existential threat to US, 'preparing for war': Nikki Haley

Rediff.com23 Sep 2023

China has spent half a century plotting to defeat America and in some respects, the Chinese military is already at par with the US armed forces, Haley said in a major policy speech on the economy in the key early primary State of New Hampshire on Friday.

Time To Shift To Passive Funds

Time To Shift To Passive Funds

Rediff.com5 May 2023

'Investors don't have to worry about underperformance in passive funds, which earn market-equivalent returns.'

One year later, PMC Bank depositors are still struggling

One year later, PMC Bank depositors are still struggling

Rediff.com23 Sep 2020

PMC Bank depositors have spent the last one year holding protests, meeting politicians, writing to various authorities in an effort to get their hard-earned money back.

90% of workers in India expect pay rise this year

90% of workers in India expect pay rise this year

Rediff.com24 Apr 2023

Workers' expectations around the pay rises this year have skyrocketed in India, with 90 per cent of people interviewed are looking for a hike in salary, a report said on Monday. In India, 90 per cent of workers interviewed expect a pay rise this year and on average, close to 20 per cent of the employees surveyed are anticipating an increase of 4-6 per cent, followed by 19 per cent anticipating a 10-12 per cent hike, ADP Research Institute's - People at Work 2023: A Global Workforce View - report revealed. The report revealed that in India, 78 per cent of workers received a pay rise last year, and the hikes averaged 4-6 per cent.

Markets tumble over 1%; Sensex tanks 888 points

Markets tumble over 1%; Sensex tanks 888 points

Rediff.com21 Jul 2023

From the Sensex pack, Infosys tanked over 8 per cent after the company reported a lower-than-expected 11 per cent rise in net profit for the June quarter and delivered a shocker as it slashed its FY24 growth outlook to 1-3.5 per cent on delayed decision-making by clients amid global macro uncertainties. Hindustan Unilever, HCL Technologies, Wipro, and Tech Mahindra were the other major laggards. On the other hand, Larsen & Toubro rose the most by 3.88 per cent after it bagged an order of worth over Rs 7,000 crore from the bullet train project.

Did you know? Man United was founded as Newton Heath in 1878...

Did you know? Man United was founded as Newton Heath in 1878...

Rediff.com23 Nov 2022

Manchester United is no stranger to ownership tussles and the rough and tumble of financial markets.

People listen to me, talk to me because of hockey: Rani Rampal

People listen to me, talk to me because of hockey: Rani Rampal

Rediff.com20 Aug 2023

Her days of scorching the astro-turf might be over but legendary former India captain Rani Rampal has absolutely "no regrets" as she believes in making most of whatever opportunities that come her way.

Jaishankar begins UNGA speech with 'Namaste from Bharat'

Jaishankar begins UNGA speech with 'Namaste from Bharat'

Rediff.com26 Sep 2023

India on Tuesday told the UN General Assembly that the days when a few nations set the agenda and expected others to fall in line are over, underlining that its presidency of the G20 sought to focus on key concerns of the many, not just the narrow interests of a few.

Tough Times Lie Ahead For Banking Sector

Tough Times Lie Ahead For Banking Sector

Rediff.com17 Apr 2023

For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.

PC shipments fell by 30% in Q1, notebooks fared the worst

PC shipments fell by 30% in Q1, notebooks fared the worst

Rediff.com24 May 2023

The India personal computer (PC) market shipment, inclusive of desktops, notebooks, and workstations, dropped by an overall 30.1 per cent in the first quarter of CY2023 over the previous year, to only 2.99 million units, according to the latest data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker released on Tuesday. In Q1CY23, while the demand for desktops was positive, the notebook category witnessed another weak quarter as it declined by 40.8 per cent year-on-year (y-o-y). The consumer segment declined by 36.1 per cent y-o-y primarily due to slowing demand and weak market sentiment.

Spouses of H-1B visa holders can work here, says US judge

Spouses of H-1B visa holders can work here, says US judge

Rediff.com30 Mar 2023

The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.

'Our Aim Is Housing Finance's Siginficant Role In Economic Growth'

'Our Aim Is Housing Finance's Siginficant Role In Economic Growth'

Rediff.com1 Oct 2023

'We are working with a few housing finance companies to drive affordable lending because that's where we believe our sweet spot is.'

'People are scared to go to a police station'

'People are scared to go to a police station'

Rediff.com9 Aug 2023

'They are afraid that if they approach a police station for filing a complaint they might themselves get arrested under some random charges.'

Rupee expected to weaken more to touch $83.5, may improve in Sep

Rupee expected to weaken more to touch $83.5, may improve in Sep

Rediff.com28 Aug 2023

The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business Standard poll of analysts. The Indian rupee hit an all-time low recently, closing at 83.15 per dollar. Five of the 10 respondents said the Indian currency might touch 83.5 per dollar in August itself, while others said the worst could be over.

Air Pollution: How to Stay Safe

Air Pollution: How to Stay Safe

Rediff.com13 Nov 2023

Don't ignore symptoms like coughing, wheezing or shortness of breath, warns Dr Sandeep Tilve.

Meet The Fairy Folk Of Bollywood

Meet The Fairy Folk Of Bollywood

Rediff.com22 Feb 2024

'Every actor's journey is unique.' 'It's beautiful but also terrifying because you have to carve your own path.' 'So if there's somebody to talk it through, it's nice.'

'Shame that interest in motorsport has gone down in India'

'Shame that interest in motorsport has gone down in India'

Rediff.com29 Jul 2023

It pains former F1 driver Karun Chandhok to see that interest in motorsport in India has declined drastically.

TCNS deal may raise debt, near-term profitability risks for ABFRL: Analysts

TCNS deal may raise debt, near-term profitability risks for ABFRL: Analysts

Rediff.com16 May 2023

Street gave a thumbs down to Aditya Birla Fashion and Retail (ABFRL)-TCNS Clothing deal as analysts flagged near-term profitability risks for ABFRL with its latest acquisition. At the bourses, shares of the Aditya Birla group company tumbled 6.2 per cent in the intra-day trade, before settling 3.27 per cent lower at R 207.2. Those of TCNS, meanwhile, plunged 20 per cent to end at Rs 416.64.

Extras: City's appeal against financial probe thrown out

Extras: City's appeal against financial probe thrown out

Rediff.com15 Nov 2019

News of all that transpired on and off the football field.

'I don't believe in favouritism'

'I don't believe in favouritism'

Rediff.com18 Jul 2023

'If we are unable to move out of catering to people's tantrums or their unreasonable demands or people treating other people badly or being okay with differential treatment, it will affect the storytelling and the creativity.'

RBI Rules Make It Difficult To Attract Talent

RBI Rules Make It Difficult To Attract Talent

Rediff.com5 Jun 2023

A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.

Global Dark Economy Clouds Hover Over India

Global Dark Economy Clouds Hover Over India

Rediff.com30 Aug 2023

'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.

Anwaar-ul-Haq Kakar to be Pakistan's caretaker PM

Anwaar-ul-Haq Kakar to be Pakistan's caretaker PM

Rediff.com12 Aug 2023

Kakar, a lawmaker belonging to Balochistan Awami Party (BAP), will lead a caretaker government until a new election later this year.

Oil prices surge after OPEC+ cut output

Oil prices surge after OPEC+ cut output

Rediff.com3 Apr 2023

The Oil prices have surged and surpassed $85 per barrel after several oil producer countries announced surprise cuts in production, TASS Agency reported. According to the Russian News Agency, this is the first time since March 7 that the price of futures contracts of Brent crude oil surged. The price of futures contracts of Brent crude oil for June 2023 delivery on London's ICE surpassed $85 per barrel.

Yogi bats for press freedom on Emergency anniv, renames road after Goenka

Yogi bats for press freedom on Emergency anniv, renames road after Goenka

Rediff.com25 Jun 2023

Adityanath also remembered and paid tribute to those who worked to restore democracy during the Emergency period, which lasted till 1977.