News for 'institutional bias'

Google unveils a slate of AI tools for Indian developers

Google unveils a slate of AI tools for Indian developers

Rediff.com29 Jun 2023

Google unveiled on Wednesday a slate of artificial intelligence (AI) tools and technologies for Indian developers at its first I/O Connect event for India, being held in Bengaluru. The company made accessible for Indian developers its faster, more accurate large language AI model accessible through PaLM API, Makersuite, as well as features on Google Cloud's Vertex AI. Google Cloud officially launched a new initiative in collaboration with Open Network for Digital Commerce (ONDC), under the Department for Promotion of Industry and Internal Trade, to help sellers build and scale commerce platforms across the country.

Markets extend gains in volatile trade; Sensex ends up 355 points

Markets extend gains in volatile trade; Sensex ends up 355 points

Rediff.com17 Mar 2023

HCL Tech led the Sensex gainers' chart, spurting 3.58 per cent, followed by UltraCement, Nestle India, Tata Steel, Kotak Bank, ICICI Bank, Bharti Airtel and HDFC twins. In contrast, ITC, Maruti, NTPC, Asian Paints and Sun Pharma were among the main laggards, shedding up to 1.51 per cent.

Can Nifty 50 Hit 21,000 By Diwali?

Can Nifty 50 Hit 21,000 By Diwali?

Rediff.com20 Sep 2023

'Some risks to this market rally include inflation, erratic weather conditions, rising crude prices, slowing global growth and the resultant impact on domestic exports, escalation in geopolitical tensions.'

Bihar's 1-day verdict judge moves SC against suspension

Bihar's 1-day verdict judge moves SC against suspension

Rediff.com29 Jul 2022

A bench of Justices UU Lalit and SR Bhat issued notices, including to the state of Bihar, on the plea filed by Shashi Kant Rai, an additional district and sessions judge in Araria.

Deepfakes a threat to democracy, will clamp down, says govt

Deepfakes a threat to democracy, will clamp down, says govt

Rediff.com23 Nov 2023

The government is planning new regulations that may impose penalties on both the creator and the platform hosting deepfakes, as it looks to clamp down on what IT and Telecom Minister Ashwini Vaishaw described as "a threat to democracy".

Vivek Agnihotri apologises to Delhi HC in contempt case, discharged

Vivek Agnihotri apologises to Delhi HC in contempt case, discharged

Rediff.com10 Apr 2023

Filmmaker Vivek Agnihotri appeared before the Delhi high court on Monday and tendered an unconditional apology in connection with a criminal contempt case over his alleged remarks against a judge of the court.

Sensex, Nifty close marginally higher in range-bound trade

Sensex, Nifty close marginally higher in range-bound trade

Rediff.com12 Jun 2023

From the Sensex pack, Infosys, HCL Technologies, Infosys, NTPC, Mahindra & Mahindra, Tata Consultancy Services, Nestle, Tech Mahindra and Bajaj Finance were the major gainers. Power Grid, Larsen & Toubro, Maruti, Titan, HDFC Bank, Wipro, HDFC and ITC were among the laggards.

Stockmarket: 'Not the time to be fearful'

Stockmarket: 'Not the time to be fearful'

Rediff.com9 Oct 2023

'The risk is in not being invested and missing out on an upmove.'

'If Darshan Solanki had got some support at IIT...'

'If Darshan Solanki had got some support at IIT...'

Rediff.com15 Feb 2023

'In IIT, most faculty members have a bias against SC/ST students.' 'SC/ST and OBC students have no idea whom to approach for support.'

Anurag Thakur cautions Indian media against...

Anurag Thakur cautions Indian media against...

Rediff.com18 Mar 2023

Unsubstantiated and illogical opinions, delivered freely from within or abroad, could not destroy the democratic nature of the country, he added.

'Meitei camp was as bad as the Kuki camp'

'Meitei camp was as bad as the Kuki camp'

Rediff.com1 Aug 2023

'Hygiene is very bad, there is no medicine and there is no electricity.' 'I fear that there will be a breakout of some disease.'

India Inc making workplace more inclusive for persons with disabilities

India Inc making workplace more inclusive for persons with disabilities

Rediff.com4 Dec 2023

As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Rediff.com30 May 2023

The domestic benchmark indices - the S&P BSE Sensex and the National Stock Exchange Nifty50 - had lost close to 1.5 per cent in three days recently before gaining slightly. Notwithstanding weakness and volatility, the Nifty50 has managed to hold on to the 18,000 mark, while the Sensex has managed to stay above the 61,000 level. The performance of the stocks that comprise these front-line indices remains polarised.

With BJP Joining In, Is 'Revdi Culture' here to stay?

With BJP Joining In, Is 'Revdi Culture' here to stay?

Rediff.com15 Nov 2023

Modi's BJP has promised more revdis or freebies for these assembly elections than ever before, points out N Sathiya Moorthy.

Delhi riots accused objects to recusal by judge hearing his plea on media leak

Delhi riots accused objects to recusal by judge hearing his plea on media leak

Rediff.com24 Feb 2023

Emphasising that the plea has been heard substantially, Aggarwal said the application "calls for strictest handling" as it has been filed with an "ulterior motive".

'General Zia was real startled'

'General Zia was real startled'

Rediff.com21 Mar 2024

'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'

Time Has Come For Women's Reservation Bill

Time Has Come For Women's Reservation Bill

Rediff.com18 Sep 2023

Women politicians bring to politics and policy a sensitivity that most of their male counterparts, at least until a generation back, lacked.

MoSha Have Left Nothing To Chance

MoSha Have Left Nothing To Chance

Rediff.com30 Nov 2023

The five-state assembly elections are seen as a now-or-never, no-holds battle for the Congress, points out N Sathiya Moorthy.

What Electoral Politics Can Learn From Cricket

What Electoral Politics Can Learn From Cricket

Rediff.com24 Feb 2023

Cricket has taken many steps forward towards excellence and fairness. Electoral politics has a lot of catching up to do, points out Rajeev Bhargava in his fascinating new book Between Hope and Despair.

Rupee slips 12 paise to 77.74 against US dollar in early trade

Rupee slips 12 paise to 77.74 against US dollar in early trade

Rediff.com19 May 2022

The rupee extended its losses and slipped 12 paise to 77.74 against the US dollar in early trade on Thursday, weighed down by a muted trend in domestic equities and unabated foreign fund outflows. At the interbank foreign exchange, the rupee opened at 77.72 against the American dollar, then lost ground to quote at 77.74, registering a fall of 12 paise from the last close. On Wednesday, the rupee declined by 1?7 paise to close at its fresh lifetime low of 77.6?1 against the US dollar.

Investors' wealth jumps over Rs 2.51 lakh cr as stocks rebound

Investors' wealth jumps over Rs 2.51 lakh cr as stocks rebound

Rediff.com8 Mar 2022

Investors' wealth on Tuesday jumped by over Rs 2.51 lakh crore, in tandem with a sharp recovery in equities after four days of heavy declines. The 30-share BSE Sensex opened on a weak note and tumbled 581.93 points or 1.10 per cent to 52,260.82 during the day amid firming oil prices and relentless selling by foreign institutional investors. Amid bouts of volatility, the benchmark touched a high of 53,484.26 and a low of 52,260.82 during the trade. It finally settled at 53,424.09, higher by 581.34 points or 1.10 per cent.

Rupee sinks 19 paise to new low of 77.93 against US dollar

Rupee sinks 19 paise to new low of 77.93 against US dollar

Rediff.com10 Jun 2022

The rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar on Friday as rising crude oil prices and unabated foreign capital outflows soured sentiment. A sell-off in equity markets and stronger greenback overseas also weighed on the domestic unit, forex traders said. At the interbank foreign exchange market, the local currency opened at 77.81 and witnessed an intra-day high of 77.79 and a low of 77.93 against the US dollar.

Big Tech Is Rushing To Train AI In Local Languages

Big Tech Is Rushing To Train AI In Local Languages

Rediff.com21 Feb 2023

Indian mobile and Web consumers speak in 30 languages and around 1,600 dialects.

Rupee falls 10 paise to 79.23 against US dollar

Rupee falls 10 paise to 79.23 against US dollar

Rediff.com8 Jul 2022

The rupee declined by 10 paise to close at 79.23 (provisional) against the US dollar on Friday, tracking the strength of the American currency in the overseas market. At the interbank foreign exchange market, the local currency opened at 79.20 and finally ended at 79.23, down 10 paise over its previous close of 79.13. "Gains for the currency were short-lived even after RBI announced forex related measures. "Pound held on to its gains after Boris Johnson said he was quitting as prime minister following a rush of ministerial resignations and calls for him to go," said Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services.

New Covid variants not behind China outbreak, finds Lancet study

New Covid variants not behind China outbreak, finds Lancet study

Rediff.com10 Feb 2023

Two known Omicron sub-variants -- rather than any new variants -- have chiefly been responsible for the recent Covid-19 surge in China, according to a study of cases in Beijing published in The Lancet journal.

Kangaroo courts, agenda-driven: CJI criticises media

Kangaroo courts, agenda-driven: CJI criticises media

Rediff.com23 Jul 2022

Media trials cannot be a guiding factor in deciding cases, the CJI said.

States' spending on police increased 66.2%

States' spending on police increased 66.2%

Rediff.com23 Dec 2021

States' spending doesn't improve the public image of the police, so where is the money going?

US panel wants India designated as country of concern over lack of religious freedom

US panel wants India designated as country of concern over lack of religious freedom

Rediff.com25 Apr 2022

A US Congress-constituted quasi-judicial body on Monday recommended to the Biden Administration to designate India, China, Pakistan, Afghanistan and 11 other nations as "country of particular concern" in the context of status of religious freedom.

Maintaining 4% inflation appropriate for India: RBI paper

Maintaining 4% inflation appropriate for India: RBI paper

Rediff.com29 Dec 2020

Maintaining 4 per cent inflation is appropriate for India as targeting a lower rate could impart deflationary bias to the monetary policy, said a Reserve Bank paper. Under the current dispensation, the RBI has been mandated by the government to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side. The paper, authored by RBI Deputy Governor Michael Debabrata Patra and another official Harendra Kumar Behera, has found a steady decline in trend inflation to 4.1-4.3 per cent since 2014.

Serum Inst to resume Covid vaccine trials after DCGI nod

Serum Inst to resume Covid vaccine trials after DCGI nod

Rediff.com12 Sep 2020

'Once DCGI will give us the permission to restart the trials in India, we will resume the trials,' Serum Institute of India (SII) said in a statement.

Sensex closed up by 697 pts on gains in RIL, Infosys, TCS

Sensex closed up by 697 pts on gains in RIL, Infosys, TCS

Rediff.com22 Mar 2022

Benchmark stock indices Sensex and Nifty rebounded from early lows to close over 1 per cent higher on Tuesday, helped by heavy buying in index heavyweight Reliance Industries, Infosys and TCS amid gains in global equities. The 30-share BSE Sensex closed up by 696.81 points or 1.22 per cent at 57,989.30. It touched a high of 58,052.87 and a low of 56,930.30 in intra-day trade.

Rupee drops 10 paise to close at all-time low of 82.40 per USD

Rupee drops 10 paise to close at all-time low of 82.40 per USD

Rediff.com10 Oct 2022

The rupee depreciated 39 paise to an all-time low of 82.69 against the US dollar in early trade on Monday as elevated crude oil prices and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and firm American currency sapped investor appetite, forex traders said. At the interbank foreign exchange, the rupee opened at 82.68 against the greenback, then slipped further to 82.69, registering a fall of 39 paise over its previous close.

Rupee slides to all-time low of 82.30 against dollar

Rupee slides to all-time low of 82.30 against dollar

Rediff.com7 Oct 2022

The rupee depreciated further by 13 paise to hit a new life-time closing low of 82.30 against the US dollar on Friday as a firm American currency and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and elevated crude oil prices sapped investor appetite, forex traders said. At the interbank foreign exchange market, the local currency opened at 82.19, then fell further to 82.43. It finally settled at an all-time low of 82.30 against the American currency, registering a decline of 13 paise over its previous close.

Sensex pares early gains, ends own 188 points

Sensex pares early gains, ends own 188 points

Rediff.com29 Sep 2022

Benchmark indices failed to hold on to early gains and closed in the red for the seventh straight session on Thursday, with participants remaining in wait-and-watch mode ahead of the RBI's interest rate decision. Unabated selling by foreign funds added to the pressure, though a modest recovery in the rupee cushioned the fall, traders said. After rallying in early trade, the 30-share BSE Sensex came under selling pressure in the afternoon session and closed 188.32 points or 0.33 per cent lower at 56,409.96.

Market mayhem wipes off Rs 13.44 lakh cr investor wealth

Market mayhem wipes off Rs 13.44 lakh cr investor wealth

Rediff.com24 Feb 2022

Investor wealth worth over Rs 13.44 lakh crore was wiped off on Thursday as the domestic equity markets tumbled along with global risk assets, after Russia launched military operations against Ukraine. Amid intensifying rout in the global financial markets, the 30-share BSE Sensex plummeted 2,702.15 points or 4.72 per cent to end at 54,529.91. The carnage on Dalal Street eroded investor wealth worth Rs 13,44,488.54 crore, taking the total market capitalisation (m-cap) to Rs 2,42,24,179.79 crore on the BSE.

Rupee bounces back by 17 paise to close at 79.82/USD

Rupee bounces back by 17 paise to close at 79.82/USD

Rediff.com15 Jul 2022

The rupee on Friday rebounded from the near-80 levels to close higher by 17 paise at 79.82 against the US currency following a recovery in the domestic stocks and weakness in the greenback in overseas markets. The US dollar retreated from the two-decade high levels against a basket of six currencies which supported the rupee sentiment. At the interbank foreign exchange market, the local currency opened at 79.95 and witnessed an intra-day high of 79.82 and a low of 79.96 against the US dollar in the day trade. ,

Shortage of key chemical from US hits Covaxin ramp-up plans

Shortage of key chemical from US hits Covaxin ramp-up plans

Rediff.com22 Apr 2021

'In case of shortage of other raw material, like filters and bags, one can try to develop another vendor. However, for chemicals as critical as adjuvants, this is not possible'

Why Is It An Attack On India?

Why Is It An Attack On India?

Rediff.com7 Feb 2023

India's Right-wing has sought to own our democracy by making itself appear the stuff of majority, and sometimes, a national ethos older than the Constitution on which our democracy is based, argues Shyam G Menon.

New 68-member Himachal assembly will have just one woman MLA

New 68-member Himachal assembly will have just one woman MLA

Rediff.com8 Dec 2022

The BJP, the AAP and the Congress had fielded six, five and three women candidates, but only Reena Kashyap of the BJP won the election.

NRI sues bank for £800 mn over sex bias

NRI sues bank for £800 mn over sex bias

Rediff.com12 Jan 2006

Six women employees including a non-resident Indian are suing their company, investment banking major Dresdner Kleinwort Wasserstein, for sexual discrimination to the extent of £800 million.