News for 'purchasing managers'

Sensex ends down 288 points dragged by HDFC Bank and foreign fund outflows

Sensex ends down 288 points dragged by HDFC Bank and foreign fund outflows

Rediff.com2 Jul 2025

From the Sensex pack, Bajaj Finserv, Larsen & Toubro, Bajaj Finance, HDFC Bank, Bharat Electronics and Kotak Mahindra Bank were among the major laggards. However, Tata Steel, Asian Paints, UltraTech Cement, and Trent were the biggest gainers.

India's energy sector battles taxes, global turmoil

India's energy sector battles taxes, global turmoil

Rediff.com13 Oct 2025

India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.

Indian services sector growth hits 11-month high in July

Indian services sector growth hits 11-month high in July

Rediff.com5 Aug 2025

The Indian services sector growth touched an 11 month high in July, supported by a pickup in new exports orders and sharp rise in overall sales, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 60.5 in July, little-changed from 60.4 in June, and the rate of expansion was the best seen since August 2024.

'Pakistan Has Gotten Into A Sweet Spot With The US'

'Pakistan Has Gotten Into A Sweet Spot With The US'

Rediff.com25 Sep 2025

'Pakistan has found itself in a favourable position after Operation Sindoor by appreciating the mediation as claimed by Trump and recommending him for the Nobel Peace Prize.'

GST Rate Cut Paints India's Art Landscape In Brighter Colours

GST Rate Cut Paints India's Art Landscape In Brighter Colours

Rediff.com4 Oct 2025

'High taxes have kept away art collectors who will now embrace the new GST.'

Invest Rs 1L SIP, Retire Rich by 45

Invest Rs 1L SIP, Retire Rich by 45

Rediff.com23 Sep 2025

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

Business as usual: India buys 2 mn bpd Russian oil in August

Business as usual: India buys 2 mn bpd Russian oil in August

Rediff.com15 Aug 2025

India's purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. As much as 38 per cent out of an estimated 5.2 million barrels per day of crude oil imported in the first half of August came from Russia, according to global real-time data and analytics provider Kpler.

Rs 40K Salary Can Make You A Crorepati!

Rs 40K Salary Can Make You A Crorepati!

Rediff.com15 Oct 2025

You don't need a six-figure salary to build wealth -- you need discipline and a smart plan, says Ramalingam Kalirajan. and shows you how

Luxury Cars, Bikes Rev Up For Festival Season

Luxury Cars, Bikes Rev Up For Festival Season

Rediff.com23 Sep 2025

Luxury carmakers are shifting into high gear with a mix of product launches, personalised experiences and lifestyle-led engagement.

Tax cut may bolster credit growth in H2

Tax cut may bolster credit growth in H2

Rediff.com5 Sep 2025

After a subdued first quarter of 2025-26 (Q1FY26), banks are now betting big on the festive season, rolling out attractive loan offers to boost credit growth in the second half of the current financial year (H2FY26) - a trend likely to be further accentuated by the second-order effects of the good services tax (GST) cuts.

Indian services sector growth touches 10-month high in June

Indian services sector growth touches 10-month high in June

Rediff.com3 Jul 2025

The Indian services sector growth touched a ten-month high in June aided by robust expansion in international sales and job creation, amid positive demand trends and ongoing improvement in sales, a monthly survey said on Thursday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 58.8 in May to 60.4 in June, driven by sharp upturn in new business orders.

How Trump's Tariffs Hurts Dollar Town Of Garments

How Trump's Tariffs Hurts Dollar Town Of Garments

Rediff.com29 Sep 2025

'The US slump could hit our hosiery market hard since 40 per cent of our exports go there.' 'Job losses could be severe if the government doesn't step in fast.'

Indus Waters Treaty: 'India didn't give away water'

Indus Waters Treaty: 'India didn't give away water'

Rediff.com4 Sep 2025

Experts discuss the Indus Waters Treaty, highlighting its engineering aspects and addressing criticisms of unfairness to India.

India's manufacturing sector growth hits 8-month high in Mar

India's manufacturing sector growth hits 8-month high in Mar

Rediff.com2 Apr 2025

India's manufacturing sector growth rose to an eight-month high in March, driven by quicker increases in factory orders and production amid buoyant demand conditions, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) was at 58.1 in March, up from 56.3 in February, indicating a substantial improvement in the health of the sector that was above its long-run average. In February, India's manufacturing PMI fell to a 14-month low amid softer increase in new orders and production.

5 Reasons Your Start-Up Isn't Growing

5 Reasons Your Start-Up Isn't Growing

Rediff.com28 Aug 2025

Many start-ups crash when they pursue growth without a brand identity, fail to act on market research or rely only on design instead of investing in trust and value, explains Vinayak Burman.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com1 Jun 2025

RBI's interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said.

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.

How To Pick Best Senior Citizen Policy

How To Pick Best Senior Citizen Policy

Rediff.com14 Aug 2025

'As we get older, our health risks increase, and this makes health insurance significantly more expensive for seniors.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com24 Aug 2025

Indication of a potential US Federal Reserve rate cut may trigger optimism in the domestic equity market, with investors' attention shifting to the looming deadline for additional US tariffs on Indian goods in a holiday-shortened week ahead, analysts said.

Will Mumbai's Redevelopment Boom Last?

Will Mumbai's Redevelopment Boom Last?

Rediff.com16 Sep 2025

'Developers have started offering 70% to 100% extra area and beyond.' 'If the market cycle shifts -- as many are already predicting with signs of price saturation and reduction -- most recent redevelopment projects will unravel.'

How India Spends: A Revealing Story

How India Spends: A Revealing Story

Rediff.com19 Aug 2025

Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.

AC, TV makers upbeat about sales amid signs of GST cuts

AC, TV makers upbeat about sales amid signs of GST cuts

Rediff.com18 Aug 2025

Consumer durables makers are hopeful that the government's proposal to reduce goods and services tax (GST) on air conditioners and television panels above 32 inches to 18 per cent would help revive the sector.

US tariffs threaten to derail India's affordable housing market recovery

US tariffs threaten to derail India's affordable housing market recovery

Rediff.com12 Aug 2025

The US's recent 50 per cent tariff on Indian exports will have a trickledown effect on India's affordable housing, potentially derailing demand as well as supply in this segment, according to experts. Pointing to worker incomes and jobs in micro, small and medium enterprises (MSMEs), and small and medium enterprises (SMEs) that typically make up majority of the customer base of affordable housing, would take a hit in the near terms due to the tariff change, further crippling India's affordable housing sector, already reeling from the impact of the Covid-19 pandemic.

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.

'Like vampires sucking blood dry': Trump's aide slams BRICS

'Like vampires sucking blood dry': Trump's aide slams BRICS

Rediff.com9 Sep 2025

Former White House trade advisor Peter Navarro has criticised India for continuing to procure Russian oil, alleging profiteering and contributing to the Russia-Ukraine war. India defends its energy procurement as driven by national interest and market dynamics.

'Asim Munir Is Osama Bin Laden In A Suit'

'Asim Munir Is Osama Bin Laden In A Suit'

Rediff.com12 Aug 2025

'Within 30 minutes of when Asim Munir made those comments, he should have been taken to Tampa airport and flown out of the United States.'

Top four life insurance companies covered 14 mn fewer lives in FY25

Top four life insurance companies covered 14 mn fewer lives in FY25

Rediff.com29 Aug 2025

Some of the leading life insurance companies have reported a sharp decline in the number of lives covered in FY25, largely due to a slowdown in credit-linked life insurance policies. Stress in the microfinance segment has reduced loan disbursements and, in turn, the flow of new customers to insurers.

'Future policy actions tied to the growth-inflation dynamic'

'Future policy actions tied to the growth-inflation dynamic'

Rediff.com1 Sep 2025

'Given the lag in transmission, further softening of lending rates may happen in the coming months.'

'FIIs Looking For Consistency In Regulatory Actions'

'FIIs Looking For Consistency In Regulatory Actions'

Rediff.com30 Jul 2025

'As long as Sebi maintains transparency and market stability, the Jane Street episode is unlikely to deter long-term foreign capital.'

FinMin: 'Setbacks Make Us Stronger'

FinMin: 'Setbacks Make Us Stronger'

Rediff.com28 Aug 2025

'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'

Will Macron Be Ousted Before 2027?

Will Macron Be Ousted Before 2027?

Rediff.com10 Sep 2025

France today increasingly resembles the Italy of the past, when governments fell with bewildering regularity, prime ministers came and went in rapid succession, and political instability became the norm rather than the exception, point out Krishnan Srinivasan and Manoj Mohanka.

NCLT defers Vedanta demerger hearing to Sep 17

NCLT defers Vedanta demerger hearing to Sep 17

Rediff.com20 Aug 2025

The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta Ltd's proposed demerger to September 17, as market regulator Sebi is yet to complete the scrutiny of the proposal, while the central government has raised certain objections. The matter, which was part-heard earlier, had been adjourned to August 20.

Want 2 Cr In 5 Yrs? Your SIPs Should Be...

Want 2 Cr In 5 Yrs? Your SIPs Should Be...

Rediff.com18 Aug 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

BIGGEST Real Estate Myth BUSTED!

BIGGEST Real Estate Myth BUSTED!

Rediff.com18 Sep 2025

Do home prices really never fall? Ramalingam Kalirajan begs to differ.

Whatever is made here, don't import: RSS chief Bhagwat

Whatever is made here, don't import: RSS chief Bhagwat

Rediff.com28 Aug 2025

'Whatever is necessary for life and is not made in your country, we will import it from outside.'

Gold may consolidate, but bias stays positive

Gold may consolidate, but bias stays positive

Rediff.com24 Aug 2025

Gold prices are likely to remain in a consolidation phase in the near term, but the overall bias will continue to stay positive amid heightened expectations of a US Federal Reserve rate cut in its September policy meeting, analysts said. Traders will closely track US macroeconomic data, such as Q2 GDP, PCE inflation, and speeches from Fed officials, which will provide more insights into the monetary policy stance of the Federal Reserve and the trajectory of the bullion sentiment, they added.

India's services sector growth remained almost flat in May

India's services sector growth remained almost flat in May

Rediff.com4 Jun 2025

The Indian services growth broadly steadied in May and was underpinned by healthy demand conditions, new client wins and greater staffing capacity, a monthly report said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 58.8 in May, marginally up from April's 58.7 and signalled another sharp rate of expansion.

'India's Confidence In The US Is Shattered'

'India's Confidence In The US Is Shattered'

Rediff.com1 Sep 2025

'The current strain in the relationship is serious and likely to be long lasting.' 'Even if Trump suddenly changes his attitude toward India -- which he is entirely capable of doing -- it is unlikely that New Delhi will be able to pick up the pieces and respond as if nothing has happened.'

Banke Bihari temple panel challenges UP shrine control ordinance in SC

Banke Bihari temple panel challenges UP shrine control ordinance in SC

Rediff.com27 Jul 2025

The committee said the Uttar Pradesh government did not file appeals against the high court's November 8, 2023 order and instead, an impleadment application was filed in the pending plea before the top court.