News for 'moreover'

US tariff jitters: Auto part exporters may take a Rs 4,500 crore hit

US tariff jitters: Auto part exporters may take a Rs 4,500 crore hit

Rediff.com29 Apr 2025

Indian auto component exporters may suffer a hit of 2,700 crore to 4,500 crore on their earnings after the imposition of steep US tariffs on key automotive parts, credit rating agency ICRA said in a note on Monday. The new 25 per cent tariff on engines, transmission, electrical components, and other auto parts may moderate the overall auto component industry's revenue growth to 6-8 per cent in 2025-26 (FY26), down from an earlier projection of 8-10 per cent.

Wholesale inflation eases to 2% in March on cheaper food items

Wholesale inflation eases to 2% in March on cheaper food items

Rediff.com15 Apr 2025

Wholesale price inflation eased to 2.05 per cent in March, as against 2.38 per cent in February, government data showed on Tuesday. The wholesale price index (WPI) based inflation, however, rose year-on-year.

'Pakistan Should Be Humiliated'

'Pakistan Should Be Humiliated'

Rediff.com8 May 2025

'...and the country should be impoverished completely.' 'Once this is done, the political class would take over and then play a part in real democracy where the army is under the control of the government, not vice-versa.'

'Weaponising Water Poses Serious Risks For India'

'Weaponising Water Poses Serious Risks For India'

Rediff.com5 May 2025

'Militarily, it risks escalating tensions with Pakistan, potentially triggering conflict due to Pakistan's heavy reliance on the Indus.'

Chhaava Crosses Rs 400 Crore

Chhaava Crosses Rs 400 Crore

Rediff.com1 Mar 2025

Months after the last big success in the Hindi film industry, Bhool Bhulaiyaa 3, there is another big one running successfully in theatres.

Shippers rush to reach American shores amid 90-day tariff pause

Shippers rush to reach American shores amid 90-day tariff pause

Rediff.com21 Apr 2025

After US President Donald Trump announced a 90-day tariff pause for several nations, including India, global manufacturers are in a rush to ensure that bulk of their goods reach the US during this window. "The 90-day suspension of tariffs will be welcomed by shippers, but it should not be a cause for celebration.

'It's Time To Target The Terror Masterminds'

'It's Time To Target The Terror Masterminds'

Rediff.com7 May 2025

'We should not just react when a terror attack happens on our soil.' 'Our approach should be continuous and a launch pad should be destroyed the moment it comes up.'

Southern states face ageing population challenges: Panagariya

Southern states face ageing population challenges: Panagariya

Rediff.com17 Apr 2025

The Sixteenth Finance Commission Chairman, Arvind Panagariya, has highlighted the challenges faced by southern states due to falling fertility rates and the subsequent increase in dependency ratios and ageing populations. He noted that Andhra Pradesh, Assam, and Tamil Nadu have raised concerns about these demographic trends. The Commission is currently touring the states to gather feedback and is expected to submit its recommendations after completing nationwide consultations.

The lone Kashmiri who died saving tourists' lives

The lone Kashmiri who died saving tourists' lives

Rediff.com25 Apr 2025

Syed Adil Hussain Shah, a 29-year-old Kashmiri pony ride operator, was killed by terrorists in Pahalgam while trying to save tourists from an attack. Shah was the only Kashmiri and Muslim victim of the attack, which saw terrorists demand tourists recite Islamic prayers before shooting them. His brother, Syed Naushad Shah, described Adil as a "righteous" man who ran towards the terrorists to stop them from killing more people. The attack has left a pall of fear over Pahalgam, with tourists fleeing the area and businesses shuttered.

The price of building India: Why cement remains in the 28% GST slab

The price of building India: Why cement remains in the 28% GST slab

Rediff.com7 May 2025

The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.

Kesari Chapter 2 Review: Ahistorical, But Entertaining

Kesari Chapter 2 Review: Ahistorical, But Entertaining

Rediff.com19 Apr 2025

If you disregard history and are ready to watch Kesari 2 purely as an entertainer, you are definitely going to enjoy it, feels Utkarsh Mishra.

'OTT Has Become Desi Porn'

'OTT Has Become Desi Porn'

Rediff.com6 May 2025

'This kind of content will destroy our culture.'

'People Will Tilt Towards BJP After Caste Census'

'People Will Tilt Towards BJP After Caste Census'

Rediff.com2 May 2025

'There were deep discussions within the Sangh Parivar before this decision was made.' 'They were convinced, and only then did the Modi government proceed with the caste census.'

'State Banks Must Take Affordable Housing Seriously'

'State Banks Must Take Affordable Housing Seriously'

Rediff.com25 Apr 2025

'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'

26/11 marked turning point in India-Pak ties: Jaishankar

26/11 marked turning point in India-Pak ties: Jaishankar

Rediff.com15 Apr 2025

External Affairs Minister S Jaishankar said the 2008 Mumbai terror attack marked a turning point in relations with Pakistan when Indians collectively felt that such behaviour from a neighbouring country could no longer be tolerated. Speaking at Charotar University of Science and Technology, Jaishankar acknowledged India's transformation under Prime Minister Narendra Modi over the last decade, while Pakistan has remained unchanged, continuing with what he termed as its "bad habits."

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

Vance wants India to buy more American energy, weapons

Vance wants India to buy more American energy, weapons

Rediff.com22 Apr 2025

US Vice President JD Vance called on India to drop non-tariff barriers, give greater access to its markets and buy more American energy products and military hardware. Vance, in a speech in Jaipur, highlighted the need for a stronger US-India partnership for a prosperous and peaceful 21st century. He emphasized the importance of working together to address global challenges and praised Prime Minister Narendra Modi, describing him as a "special person." Vance also urged India to provide greater market access to American products and buy more defense platforms and energy from the US. He suggested that India consider dropping some of the non-tariff barriers for American access to the Indian market and highlighted the benefits of closer India-US defense collaboration, advocating for New Delhi to procure more military hardware from the US. He cited the example of American fifth-generation F-35s, arguing they would give the Indian Air Force the ability to defend its airspace and protect its people like never before. Vance also welcomed the Modi government's budget announcement to amend India's civil nuclear liability laws, paving the way for US producers to export small modular reactors and build larger US-designed reactors in India. He emphasized the importance of energy security for India's AI ambitions, stating "there is no AI future without energy security and energy dominance." Vance's visit comes amid growing global concerns over the US's tariff war.

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Rediff.com15 Apr 2025

Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.

RBI's draft circular seeks to standardise gold loan regulations

RBI's draft circular seeks to standardise gold loan regulations

Rediff.com10 Apr 2025

The Reserve Bank of India (RBI) on Wednesday came out with comprehensive draft guidelines to harmonise and regulate gold loans across all financial entities, including putting a cap of 75 per cent on loan-to-value (LTV) ratio. The draft guidelines also aim to address concerns related to certain lending practices, provide clarity on specific aspects, and strengthen the conduct-related standards in the sector.

Pay cut for players after Pakistan suffers huge loss in CT

Pay cut for players after Pakistan suffers huge loss in CT

Rediff.com17 Mar 2025

Pakistan suffered an 85 per cent loss after spending Rs 869 crore for hosting the Champions Trophy 2025.

Tea exports hit new high, but rising imports a worry

Tea exports hit new high, but rising imports a worry

Rediff.com8 Apr 2025

As India's tea exports reach their highest in years, a sharp rise in imports is raising concerns among producers. In 2024, India took the third spot in tea exports, pipping Sri Lanka after exporting 254.67 million kg (mkg) of tea, up from 231.69 mkg in 2023.

Not All Need Subsidies: Finance Secy

Not All Need Subsidies: Finance Secy

Rediff.com31 Mar 2025

'If in our cities, all urban bus transport services are free, then the taxpayers are paying for it, or if electricity were to be made free, that's a huge cost to the rest of the people'

FPIs withdraw Rs 30,000 cr from equities in first 15 days in March

FPIs withdraw Rs 30,000 cr from equities in first 15 days in March

Rediff.com16 Mar 2025

Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions. This came following an outflow of Rs 34,574 crore from equities in February and Rs 78,027 crore in January.

Telco staffer's refusal to speak in Marathi sparks row; BJP seeks action

Telco staffer's refusal to speak in Marathi sparks row; BJP seeks action

Rediff.com12 Mar 2025

BJP MLC Chitra Wagh has called for promoting the use of the Marathi language in Maharashtra after a video of an Airtel employee refusing to speak Marathi with a customer went viral. Wagh, who heads the women's wing of the Maharashtra BJP, said that anyone residing in Maharashtra should know Marathi or be willing to learn it. She demanded action against the employee and called for all Airtel employees to be proficient in Marathi.

Maaza, 2nd desi brand from Coca-Cola group, becomes billion-dollar brand

Maaza, 2nd desi brand from Coca-Cola group, becomes billion-dollar brand

Rediff.com12 Feb 2025

Maaza, a desi mango fruit-based drink owned by Coca-Cola, has touched the milestone of becoming a billion-dollar brand in 2024, its Chairman and CEO James Quincey has said.

The Politics of A Caste Census

The Politics of A Caste Census

Rediff.com2 May 2025

While data can empower communities, it reinforces identities, making local politics more caste-centric, with decisions increasingly contested on the grounds of representation.

Such dynamics could lead to shifting alliances and, in the worst case, local governance getting paralysed as each group demands proportional power-sharing, explain Amitabh Kundu and Mehebub Rahaman.

IL&FS dispenses Rs 45,281 cr debt to lenders

IL&FS dispenses Rs 45,281 cr debt to lenders

Rediff.com7 Apr 2025

The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed before the insolvency appellate tribunal NCLAT. This is 18.9 per cent higher than Rs 38,082 crore, the amount of debt that stood resolved from the last status report filed by IL&FS six months before on October 28, 2024.

Student Suicides Doubled in 10 Years

Student Suicides Doubled in 10 Years

Rediff.com6 Mar 2025

In just the two months of 2025, six cases of student suicides took place in Kota.

India's manufacturing sector growth slips to 14-month low in Feb

India's manufacturing sector growth slips to 14-month low in Feb

Rediff.com3 Mar 2025

India's manufacturing sector growth fell to a 14-month low in February amid softer increase in new orders and production, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) registered 56.3 in February, down from 57.7 in January, but remained firmly within the 'expansionary' territory. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

'Engaging With The US Is Important'

'Engaging With The US Is Important'

Rediff.com10 Apr 2025

'But I don't think the government is in a great hurry to sign the BTA.'

Vrindavan priests say no to barring Muslim artisans

Vrindavan priests say no to barring Muslim artisans

Rediff.com13 Mar 2025

Priests at the famed Banke Bihari temple in Vrindavan have rejected a demand to stop using attires made by Muslim artisans for its deity, emphasizing that religious discrimination has no place in temple traditions. The demand was raised by a right-wing group, who argued that the deity's attire should be made only by those who adhere to "religious purity." The temple priests countered by highlighting the historical contributions of Muslim artisans to temple traditions and the impracticality of replacing them.

How the markets will fare this week

How the markets will fare this week

Rediff.com16 Feb 2025

Stock markets are expected to be driven by global trends and FPI trading activity this week after the conclusion of the earnings season, analysts said. Unabated foreign fund outflows, lower-than-expected quarterly earnings and global trade war fears hit market sentiments last week, where the benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday.

'Pro-Mamata Sentiment Among Muslims Is A Reality'

'Pro-Mamata Sentiment Among Muslims Is A Reality'

Rediff.com21 Apr 2025

'Mamata needs to address the anger and resentment among various sections of the Hindu community because low-scale communal violence has always paid richer electoral dividends for the BJP.'

India Ramps Up Gold Reserves...

India Ramps Up Gold Reserves...

Rediff.com19 Mar 2025

The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.

When Sakkeer Hussain Played The Chenda At A Temple

When Sakkeer Hussain Played The Chenda At A Temple

Rediff.com17 Apr 2025

'The entire town, Hindus, Muslims and Christians, my schoolteachers and the ustads from the madrasa were present to witness my arangettam.'

Mosques covered for 'Laat Saheb' Holi procession in UP town

Mosques covered for 'Laat Saheb' Holi procession in UP town

Rediff.com13 Mar 2025

The city of Shahjahanpur in India celebrates Holi with a unique procession called "Laat Saheb," where revellers hurl footwear at a man impersonating a British Lord. The tradition dates back to the 18th century and has evolved over time. The procession involves a seven-kilometer route, prayers at a temple, and a symbolic bribe offered to the police. The event is marked by strict security measures, including barricades, CCTV cameras, and the covering of mosques with tarpaulins. The procession is seen as a way to commemorate the city's history of freedom fighters and to discourage the British colonizers.

The Mystery Of Woh Kaun Thi

The Mystery Of Woh Kaun Thi

Rediff.com5 Apr 2025

Dinesh Raheja looks back at Manoj Kumar's brilliant 1964 thriller Woh Kaun Thi, and explains just what made it an audio-visual treat.

Cash row: Judge's transfer proposal separate from in-house probe, says SC

Cash row: Judge's transfer proposal separate from in-house probe, says SC

Rediff.com21 Mar 2025

The Supreme Court addressed concerns about misinformation spreading related to an incident involving Delhi High Court judge Justice Yashwant Varma. The court clarified that the proposal to transfer Justice Varma to Allahabad High Court was independent of an internal investigation into the discovery of a large sum of cash at his residence following a fire. The Delhi High Court Chief Justice is conducting the investigation and will submit a report to the Chief Justice of India today.

FPIs pull out Rs 24,753 cr from equities in first week of Mar

FPIs pull out Rs 24,753 cr from equities in first week of Mar

Rediff.com9 Mar 2025

Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.

India's services sector growth sees sharp uptick in Feb

India's services sector growth sees sharp uptick in Feb

Rediff.com5 Mar 2025

India's services sector activity witnessed a sharp uptick in February boosted by improving domestic and international demand, which resulted in a quicker expansion in output and a substantial increase in employment, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from January's 26-month low of 56.5 to 59.0 in February, indicating a sharp rate of expansion.