News for 'moreover'

Budget: Nirmalaji's Chance To Revisit Fiscal Math

Budget: Nirmalaji's Chance To Revisit Fiscal Math

Rediff.com19 Jul 2024

Whether she will pare the fiscal deficit target of 5.1 per cent of GDP, using the record dividend received from the RBI, or expand flagship government programmes will be keenly watched.

In a first, India's demat tally surges past 150 million mark in March

In a first, India's demat tally surges past 150 million mark in March

Rediff.com8 Apr 2024

The number of dematerialised (demat) accounts - required to hold shares and other securities in electronics format - crossed the 150-million mark for the first time in March. In March, 3.12 million new demat accounts were added despite a spike in market volatility, taking the total count to 151.4 million. The milestone has come 19 months after the total number of demat accounts hit the 100-million mark, a sign that more domestic households are taking to direct equity investing.

UK ex-PM Boris Johnson turned away from polling station for forgetting ID

UK ex-PM Boris Johnson turned away from polling station for forgetting ID

Rediff.com4 May 2024

Polling station officials had to refuse Johnson's attempt to vote in South Oxfordshire on Thursday when he arrived without the necessary photo ID, CNN reported, citing PA media.

21 Int'l bodies urge CJI for swift resolution of Adani coal imports case

21 Int'l bodies urge CJI for swift resolution of Adani coal imports case

Rediff.com24 May 2024

The letter comes after a report by the London-based Financial Times, citing documents from George Soros-backed Organized Crime and Corruption Reporting Project (OCCRP), alluded to a "fraud" by the Adani Group by selling low-grade coal as high-value fuel in 2013.

Defeated, jailed: Chandrababu Naidu rises from the ashes

Defeated, jailed: Chandrababu Naidu rises from the ashes

Rediff.com4 Jun 2024

Five years after suffering a humiliating defeat at the hands of a much younger Jagan Mohan Reddy, Telugu Desam Party supremo N Chandrababu Naidu on Tuesday was on course to lead his party towards a landslide victory in the Andhra Pradesh assembly polls, with allies Bharatiya Janata Party and Janasena Party (JNP) in tow.

4 pro-YSRCP news channels off air in Andhra post polls; Oppn party moves TRAI

4 pro-YSRCP news channels off air in Andhra post polls; Oppn party moves TRAI

Rediff.com23 Jun 2024

In a recent letter to TRAI, Reddy claimed the Andhra Pradesh Cable TV Operators Association took these four channels off air due to alleged coercion by the TDP-led government in the state.

2024's Biggest Hindi HITS So Far

2024's Biggest Hindi HITS So Far

Rediff.com4 Jul 2024

2024 may have seen a few flops at the box office but there have been some hits as well.

FPIs' investment value rises 13% to $738 bn in Dec quarter

FPIs' investment value rises 13% to $738 bn in Dec quarter

Rediff.com14 Feb 2024

The value of FPIs (Foreign Portfolio Investors) holding in Indian equities reached $738 billion in the three months ended December 2023, marking a surge of 13 per cent from the preceding quarter, driven by the strong performance of the domestic stock market, according to a report by Morningstar. The value of FPIs investment was at $651 billion in the September quarter of the current fiscal. On a year-on-year basis, the value of such investments rose 26 per cent from $584 billion in December 2022.

Ireda's high valuation may limit further stock upside

Ireda's high valuation may limit further stock upside

Rediff.com12 Jul 2024

State-owned Indian Renewable Energy Development Agency's (Ireda's) chairman and managing director Pradip Kumar Das has announced that the company has requested the government to allow it to carry out a follow-on public offer (FPO) as it will need further equity infusion to maintain the pace of growth. The FPO would aim to raise between Rs 4,000 crore and Rs 5,000 crore. Ireda, which provides funding assistance and other services to renewable energy and energy efficiency/conservation projects and is 75 per cent owned by the government of India, has requested the Union Finance Ministry to be included under Section 54EC of the Income Tax Act, which will help reduce borrowing costs.

Why Nagaland Is Baying For Army's Blood

Why Nagaland Is Baying For Army's Blood

Rediff.com25 Jul 2024

'It is in the interest of China and Pakistan to give a bad name to the Indian Army and remove AFSPA 'completely' from the north east.' 'Hopefully, better sense will prevail and the ground realities of the army countering insurgency in the north east acknowledged,' asserts Lieutenant General Prakash Katoch (retd).

5 Electric SUVs Coming To India

5 Electric SUVs Coming To India

Rediff.com20 Feb 2024

If you are planning to buy an electric car in the near future, it would be highly advisable to wait for these upcoming electric SUVs.

'Bollywood Won't Revive!'

'Bollywood Won't Revive!'

Rediff.com18 Jul 2024

'People have got into the habit of sitting at home (and watching films).' 'They don't want to watch movies in theatres because they do not want to waste as much as Rs 1,000 on tickets.' 'They feel there is no point in watching a film on the big screen because it will anyway come on OTT in a month's time.'

Iranian Nuclear Deterrent On the Horizon

Iranian Nuclear Deterrent On the Horizon

Rediff.com17 Jun 2024

The crises of the 21st century, 9/11, the economic meltdown, COVID-19, Russia-Iran war and the Hamas-Israel war seem to be never ending. In this situation, Iran might be contemplating a nuclear deterrent to defend itself, observes Ambassador T P Sreenivasan, the distinguished long-time Rediff contributor who turns 80 on June 17..

Fog, cold weather hinder search for Raisi's chopper crash site

Fog, cold weather hinder search for Raisi's chopper crash site

Rediff.com20 May 2024

Hours after an Iranian military commander claimed to have located the crash site of the helicopter carrying Iranian President Ebrahim Raisi, conflicting reports emerged as the head of Iran's Red Crescent Society, Pir Hossein Koulivand, said that rescue teams are still searching the area for the accident site.

How the markets will fare this week

How the markets will fare this week

Rediff.com21 Apr 2024

Worries related to the Iran-Israel conflict, quarterly earnings and foreign investors' trading activity are the key factors that would dictate stock markets this week, analysts said. Besides, trends in Brent crude oil and movement of the rupee against the dollar will also be crucial factors. This week will be crucial for the market amid ongoing worries about the conflict between Iran and Israel, said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.

19-year-old lynched over 'sacrilege' charge in Punjab's Ferozepur

19-year-old lynched over 'sacrilege' charge in Punjab's Ferozepur

Rediff.com5 May 2024

Bakshish Singh, a resident of Talli Gulam village, allegedly tore some pages of the Guru Granth Sahib, the holy book of the Sikhs, after entering the premises of the gurdwara in Bandala village, they said.

M&M, Adani Total Energies join hands to set up EV charging infra

M&M, Adani Total Energies join hands to set up EV charging infra

Rediff.com21 Mar 2024

Mahindra & Mahindra on Thursday said it has tied up with a unit of Adani Total Gas to establish electric vehicle charging infrastructure across the country. The auto major and Adani Total Energies E-Mobility Ltd (ATEL) have inked a memorandum of understanding (MoU) in this regard. The MoU sets a roadmap for the creation of an expansive EV charging infrastructure across the country, it added.

Can't stop a Rahul Gandhi...: SC's no to ban 'namesake' candidates

Can't stop a Rahul Gandhi...: SC's no to ban 'namesake' candidates

Rediff.com3 May 2024

'If somebody's parents have given a similar name, can it come in their way of their right to contest elections'

'India Must Not Give Sheikh Hasina Asylum'

'India Must Not Give Sheikh Hasina Asylum'

Rediff.com5 Aug 2024

'At this moment you cannot give her asylum because if you do, then you are directing public anger against India.'

Analysts wary of Vodafone Idea's falling subscribers, broadband users

Analysts wary of Vodafone Idea's falling subscribers, broadband users

Rediff.com14 May 2024

Vodafone Idea's (Vi's) subscriber loss reduced to a seven-month low in March, and alongside the company added 1.1 million broadband users after two months of net loss -- two things analysts have noted as key trends that need to be monitored. While Vi has been losing customers for more than two and a half years now, the churn reduced to below a million after five straight months in March, the Telecom Regulatory Authority of India (Trai) data has shown. "Jio's softer than usual subscriber growth in March, and VIL's slowing subscriber market share loss are key trends to keep an eye on going forward," global investment banking and financial services major UBS said in an analyst note.

Adani group mcap regains $200 bn-mark

Adani group mcap regains $200 bn-mark

Rediff.com22 May 2024

Adani Group's market capitalisation on Wednesday regained $200 billion-mark (Rs 16.9 lakh crore) after its listed firms gained Rs 11,300 crore as investors reposed faith on the company denying any wrongdoing in supply of coal to Tamil Nadu power company. With Rs 11,300 crore gain on Wednesday, the apples-to-airport conglomerate gained Rs 56,250 crore in market capitalisation in the last two trading sessions, stock exchange data showed.

Short circuit caused Kuwait fire; 1 more Indian dead, toll 46

Short circuit caused Kuwait fire; 1 more Indian dead, toll 46

Rediff.com14 Jun 2024

The death toll of Indians killed in the massive fire in Kuwait has risen to 46 with one more person succumbing to injuries as authorities said that an electrical short circuit in the room of the guard on the ground floor of the building caused the blaze that killed 50 people.

Chhota Rajan gets 2nd life term for hotelier's murder

Chhota Rajan gets 2nd life term for hotelier's murder

Rediff.com30 May 2024

Shetty was shot dead by two alleged members of Rajan's gang on the hotel's first floor on May 4, 2001.

After Gambhir, BJP's Jayant Sinha too opts out of LS race

After Gambhir, BJP's Jayant Sinha too opts out of LS race

Rediff.com2 Mar 2024

Bharatiya Janata Party MP Jayant Sinha on Saturday said he has requested the party president J P Nadda to relieve him from direct electoral duties, joining the list of party leaders not contesting the upcoming Lok Sabha elections.

'There is nothing I can say about Virat Kohli'

'There is nothing I can say about Virat Kohli'

Rediff.com13 Jun 2024

Virat Kohli was dismissed for a golden duck against USA, extending his poor run after being promoted as an opener in the T20 World Cup.

Cleaner Fuels Driving One-Fifth Of PVs Sold In India

Cleaner Fuels Driving One-Fifth Of PVs Sold In India

Rediff.com18 Jun 2024

Auto manufacturers have focused on launching CNG variants of their popular models to meet consumer demand for vehicles with lower running costs.

Dismiss BJP's 'minority' govt in Haryana: Cong to guv

Dismiss BJP's 'minority' govt in Haryana: Cong to guv

Rediff.com20 Jun 2024

"Fresh elections to the assembly should be held to enable people to elect a popular government in the state in accordance with law," the memorandum to the Haryana governor read.

Let's not talk about the throw, it was not up to it: Neeraj Chopra

Let's not talk about the throw, it was not up to it: Neeraj Chopra

Rediff.com16 May 2024

Neeraj Chopra won again, but not in the manner he would have liked to, and he had no qualms in admitting it.

Order granting bail to Kejriwal 'perverse', ED tells HC

Order granting bail to Kejriwal 'perverse', ED tells HC

Rediff.com24 Jun 2024

The Enforcement Directorate (ED) on Monday told the Delhi high court that the trial court order granting bail to Chief Minister Arvind Kejriwal was based on 'perverse' findings as it did not consider the material demonstrating his 'neck deep involvement' in the offence of money laundering linked to the alleged excise scam.

'Banks must be prepared for providing UPI credit'

'Banks must be prepared for providing UPI credit'

Rediff.com19 Jul 2024

'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'

Charged-up: Bengaluru takes top spot in electric car registrations

Charged-up: Bengaluru takes top spot in electric car registrations

Rediff.com18 Jun 2024

Bengaluru outpaced Mumbai, Delhi, and Pune in 2023 to become India's leading city for electric car registrations. The city's tech-savvy workforce, increased acceptability, zero road tax, subsidised electricity for EV charging, and a wide charging station network contributed to this surge. Electric car registrations in Karnataka's capital surged more than threefold in 2023 to 8,690 units, overtaking the growth witnessed in the other three cities, according to data from Jato Dynamics

Only 12% of LS candidates in fray in phase 5 are women: ADR

Only 12% of LS candidates in fray in phase 5 are women: ADR

Rediff.com12 May 2024

The representation of women in the ongoing Lok Sabha polls continues to remain dismally low, as only about 12 percent of the candidates in the fray in the fifth phase are female, according to an analysis by poll rights body ADR.

Why DGCA Suspended Vistara Executive

Why DGCA Suspended Vistara Executive

Rediff.com1 May 2024

This isn't the first instance of Vistara facing scrutiny from the regulator over improper pilot training.

PE deal value in Indian real estate down 30% from 2019-20: Anarock

PE deal value in Indian real estate down 30% from 2019-20: Anarock

Rediff.com17 Apr 2024

The aggregate value of private equity (PE) deals in Indian real estate has declined nearly 30 per cent to $3.6 billion in 2023-24 (FY24) as compared to $5.1 billion in FY20, according to a report released on Monday.

Top 6 Auto Brands Sold 92% Cars

Top 6 Auto Brands Sold 92% Cars

Rediff.com10 May 2024

The top six auto brands are: Maruti Suzuki, Hyundai, Tata Motors, Toyota, Kia and Mahindra & Mahindra.

Rupee Rebound Expected in April-June

Rupee Rebound Expected in April-June

Rediff.com2 Apr 2024

A potential risk to the rupee's appreciation trajectory lies in the event of a delay in the Federal Reserve's rate cut cycle, particularly if core inflation in the US remains elevated.

'It was a people's election'

'It was a people's election'

Rediff.com27 Jun 2024

'There was a strong undercurrent of deprivation, and also frustration against misuse of power and authority.' 'This election was an opportunity for the manifestation of this discontentment.'

Healthcare sector most violative of advertisement rules, says Asci report

Healthcare sector most violative of advertisement rules, says Asci report

Rediff.com23 May 2024

Maximum cases of advertisement norms violations were reported from the healthcare sector during 2023-24, followed by illegal offshore betting and personal care categories, according to the Advertising Standards Council of India's (Asci's) Annual Complaints Report released on Wednesday. The healthcare sector accounted for a maximum 19 per cent or 1,569 of 8,229 advertisements scrutinised by Asci during the year. Illegal offshore betting accounted for 17 per cent, while the share of personal care advertisements was 13 per cent.

'Tax Relief For Middle Class Will Boost Markets'

'Tax Relief For Middle Class Will Boost Markets'

Rediff.com1 Jul 2024

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'

Office-bearers quit MNS over Raj Thackeray supporting Modi

Office-bearers quit MNS over Raj Thackeray supporting Modi

Rediff.com11 Apr 2024

Many office-bearers of the Maharashtra Navnirman Sena (MNS) have resigned in protest after their party chief Raj Thackeray declared support to Prime Minister Narendra Modi and the BJP-led Mahayuti alliance in the state.