'Investors should be careful in getting carried away; although a reversal of IPO frenzy this time is taking longer than in the past.'
'Prime Minister Sheikh Hasina is sincere about maintaining religious harmony in the country.' 'But for mysterious reasons, it does not reach the grassroots activists of her party.'
'In the overall global portfolio, India's weighting has come down in the past seven months.'
Finance Minister Nirmala Sitharaman presented her third Budget on February 1.
Ashish Narsale/Rediff.com brings you amazing gadgets and mobile devices from CES 2022.
A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.
Saudi Aramco had right from the beginning resisted the price tag Reliance had put for the 20 per cent stake in O2C business, which comprises the company's twin refineries at Jamnagar in Gujarat, petrochemical plants and 51 per cent in fuel retailing venture.
The uncertainty created by the jump in COVID-19 infections and localised lockdowns prompted RBI Governor Shaktikanta Das and other members of the rating setting panel MPC to unanimously vote for status quo in interest rates and an accommodative policy stance to support growth, as per minutes of the meeting released on Thursday. "The need of the hour is to effectively secure the economic recovery underway so that it becomes broad-based and durable," the Governor said during the three-day meeting of the Monetary Policy Committee (MPC) which ended on April 7. The renewed jump in COVID-19 infections in several parts of the country and the associated localised and regional lockdowns add uncertainty to the growth outlook, he observed, as per the minutes of the meeting released by the central bank.
The Taliban have the ISIS in its crosshairs. The Taliban has shown the skill to assimilate extremist elements if they are reconcilable as well as the ruthlessness to eliminate troublemakers, observes Ambassador M K Bhadrakumar
Amid the ongoing crisis within the Congress in Punjab, its national spokesperson Supriya Shrinate on Friday expressed the hope that its leaders "talk more in private and less in public."
The agreement would divert China's attention and keep them busy in the Pacific theatre, probably resulting in a reduction in threat perception in our area of interest in the Indian Ocean, notes Commodore Venugopal Menon (retd).
Citroen drives in its SUV late, but it's worth the wait, says Rajesh Karkera/Rediff.com.
Four Indian Army personnel, a Border Security Force sub-inspector and six civilians were killed while four security forces personnel and eight civilians were injured in the firing by Pakistan during the multiple ceasefire violations between Gurez and Uri sectors in Jammu and Kashmir, officials said.
The BSF said the force was retaliating with "pinpointed" fire which destroyed firing positions, mortar launching pads and ammunition and fuel dumps of the Pakistan Rangers at multiple places.
'Respect nature, working with (it) rather than against it.'
A 2019 investigation of Bombay Dyeing by market regulator Sebi has put a brake on the initial public offering process of sister company Go Air. The Wadia group-owned low cost airline had earlier planned to launch the IPO to raise Rs 3,600 crore by August, but may be forced to postpone it by a month or two as Sebi completes its investigation.
A day after his ministry rebuked Twitter for not complying with its orders to take down inflammatory content, Information Technology Minister Ravi Shankar Prasad said social media platforms cannot give differential treatment while handling problems on Capitol Hill and the Red Fort.
Reliance Industries Ltd on Friday reported a 7 per cent drop in its June quarter net profit as retail business got hit by the second wave of COVID infections.
From Covid to climate change, Shankar Acharya's look at some of the trends and events that might shape 2022.
People, who have been virtually been kept indoors because of heavy security deployment in the wake of removal of special status for Jammu and Kashmir and bifurcation of the state, were allowed to go to mosques in their localities without being asked any questions by security personnel.
The home minister took stock of the situation and was briefed about the steps taken to maintain peace along border areas as well as in the Valley, a security official said.
TMC asks why the flight was made to hover in the sky despite reporting a fuel shortage.
US Ambassador to the UN, Nikki Haley said these are by far the strongest measures ever imposed on North Korea.
The non-food component in the price basket will continue to keep inflation at a high level and result in a "long pause" in interest rates, a foreign bank said on Wednesday. The central bank is likely to pare the pandemic-driven emergency response as well, the report by Singaporean lender DBS said. It can be noted that the high inflation driven by the food prices has forced the RBI to go for a status quo in rates for the three consecutive reviews of the bi-monthly policy meetings, even as growth continues to be in the negative territory.
Referring to Modi, Adityanath and Union Home Minister Amit Shah as 'outsiders', the farmer leader said he has no objection if they become prime ministers after winning polls from Uttarakhand or Gujarat.
India and the US also made a strong push for the intra-Afghan peace process to end violence in Afghanistan and ensure that it does not become home to terrorism, and vowed to deepen cooperation in the Indo-Pacific and on COVID-19 response and economic recovery.
Anil Kapoor's mastery shows in how he finds the space between an actor reaching out to his actuality while remaining an actor while Anurag Kashyap's comfort in bullying his co-actor fuels their bickering camaraderie, notes Sukanya Verma.
India has expressed concern that foreign fighters involved in the conflict in Syria have moved to other places as mercenaries, as New Delhi underlined that it is ready to play a constructive role in the Security Council to help realise the objective of the West Asian country reclaiming its place in the comity of nations.
Stressing that both the government and the opposition have 'important roles to play', the President said, "While giving expression to their political ideas both must move forward in tandem to ensure that development of the country and welfare of its people are promoted consistently."
The Union government will gain close to Rs 1.6 lakh crore in additional revenues this fiscal from a record hike in excise duty on petrol and diesel that has pushed the total incidence of taxation on auto fuels to 70 per cent of the price. Late on Tuesday evening, the government hiked excise duty on petrol by Rs 10 per litre and that on diesel by Rs 13 a litre to mop up gains arising from international oil prices falling to a two-decade low.
'In India, there's currently evidence the Centre has not managed a smooth vaccine rollout.' 'It is now falling back on blaming states, which are facing vaccine shortages,' points out Devangshu Datta.
The weekly flea market opened in Srinagar on Sunday as several vendors put up their stalls on the TRC Chowk-Polo View axis, the officials said.
'One of R&AW's greatest achievements is in projecting itself as benign.' 'This work -- done in tandem with the Diaspora and the MEA -- sells a story of India as mostly the victim.'
The setback promises to have far-reaching ramifications within and outside the party as it is likely to fuel voices that have challenged the Gandhi family's leadership and also those who have been a votary of a non-Congress front to take on the Bharatiya Janata Party.
The processions stand banned in Kashmir since 1990 when armed insurgency began.
The flawed Indian policy toward Afghanistan is missing the woods for the trees. The Modi government doesn't have a 'big picture', observes Ambassador M K Bhadrakumar, who played a stellar role in beginning India's systemic dealings in Afghanistan in 1994.
The Centre's retreat from the farm laws is likely to have a significant bearing on the fate of laws that the Centre has made, for instance, in labour and electricity, predicts A K Bhattacharya.
It was Novak Djokovic's first match this year after his Australian Open hopes were dashed when he was deported following an 11-day saga revolving around his decision not to have a COVID-19 vaccination.
The lockdown in Maharashtra will have a catastrophic impact on April sales, as dealers will not be able to realise the potential of festivities like Ugadi, Gudi Padwa, Baisakhi and Poila Boishakh.
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