News for 'purchasing managers'

India's services sector growth eases in February

India's services sector growth eases in February

Rediff.com5 Mar 2024

The services sector growth in India moderated in February amid softer expansions in business activity, sales and jobs, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services Business Activity Index registered 60.6 in February, down from 61.8 in January. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Is This A Good Time To Buy A House?

Is This A Good Time To Buy A House?

Rediff.com23 Sep 2024

Experts say you should be certain of living in a city and locality for a long time before purchasing a home.

Should you invest in gold? Read here to find out

Should you invest in gold? Read here to find out

Rediff.com4 Dec 2024

Goldman Sachs expects gold to reach $3,150 per ounce in the international market by December 2025, up around 19.1 per cent from its current level of $2,645, according to a recent report in Business Standard. Domestically, gold is trading at Rs 76,018 per 10 grams after delivering a remarkable 21.9 per cent return in the past year.

Rupee Declines. Add Gold To Portfolio

Rupee Declines. Add Gold To Portfolio

Rediff.com4 Dec 2024

New investors should gradually build a 5 to 10 per cent allocation to gold.

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

Rediff.com11 Nov 2024

The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.

How To Select The Right MAAF

How To Select The Right MAAF

Rediff.com12 Nov 2024

If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.

India's manufacturing sector activity eases in June

India's manufacturing sector activity eases in June

Rediff.com3 Jul 2023

Manufacturing sector activities in India moderated in June from a 31-month high in May, but output remained in the growth territory, as new work orders expanded sharply amid favourable demand conditions, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell from 58.7 in May to 57.8 in June. Despite the fall, the headline figure pointed to a considerable improvement in operating conditions, the survey said, adding that the demand strength positively impacted several other measures such as sales, production, stock building and employment.

What's behind the recent stock market rally?

What's behind the recent stock market rally?

Rediff.com28 May 2024

The current spurt in the stock market is on account of strong fundamentals and robust corporate earnings and retail investors can look for buying opportunities to accumulate quality stocks, experts said.

Should You Invest In Momentum Funds?

Should You Invest In Momentum Funds?

Rediff.com20 Sep 2024

Momentum funds can be 10 to 15 per cent more volatile than the Nifty 50.

COMING SOON: Withdraw EPF Money At ATMs

COMING SOON: Withdraw EPF Money At ATMs

Rediff.com17 Dec 2024

By June 2025, financial freedom will be just an ATM away. Pleasantly surprised? But there's more, says Ramalingam Kalirajan

How To Use Your Credit Card Wisely

How To Use Your Credit Card Wisely

Rediff.com7 Oct 2024

'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'

Want To Invest In Crypto? Read This

Want To Invest In Crypto? Read This

Rediff.com16 Dec 2024

Regularly monitor your account for any suspicious activity. Keep your devices updated with the latest security patches to prevent vulnerabilities. Ensure the physical wallet you use is stored securely to avoid loss or theft.

Services sector growth hits 6-month high in Jan

Services sector growth hits 6-month high in Jan

Rediff.com5 Feb 2024

The services sector growth in India rose to a six-month high in January as new business expanded at a faster pace amid buoyant demand from domestic and external clients, a monthly survey said on Monday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose to 61.8 in January, up from 59 in December, pointing to the sharpest rate of expansion in six months.

Sunny skies await Indian aviation?

Sunny skies await Indian aviation?

Rediff.com23 Dec 2024

The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.

How To Make Rs 1 Cr With A Limited Period SIP

How To Make Rs 1 Cr With A Limited Period SIP

Rediff.com17 Dec 2024

What if I told you that you only need to invest for 5 years to accumulate Rs 1 crore? Sounds unbelievable, but it's possible, asserts Ramalingam Kalirajan

EPL PIX: Liverpool demolish Spurs; United shocked

EPL PIX: Liverpool demolish Spurs; United shocked

Rediff.com23 Dec 2024

Images from the English Premier League matches played on Sunday night.

Manufacturing activity eases for 2nd straight month in July

Manufacturing activity eases for 2nd straight month in July

Rediff.com1 Aug 2023

Manufacturing sector activities in India moderated for the second straight month in July as rates of expansion in output and new orders eased slightly, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) eased to 57.7 in July from 57.8 in June. Despite the fall, the Indian manufacturing sector maintained strong growth momentum at the start of the third quarter amid ongoing buoyant demand, the survey said.

Recipe: Praveen's Pumpkin Soup With Parmesan Foam

Recipe: Praveen's Pumpkin Soup With Parmesan Foam

Rediff.com6 Nov 2024

November is the start of the soup season in India. A bowl of garam garam soup is the just the way to kick off an evening.

'Kanda Express' to bring 1,600 tonnes of onions to Delhi on Oct 20

'Kanda Express' to bring 1,600 tonnes of onions to Delhi on Oct 20

Rediff.com17 Oct 2024

In a significant move to control spiralling onion prices ahead of the festive season, the government will transport 1,600 tonnes of buffer stock via railways from Maharashtra to Delhi - the first such initiative using rail transport for the kitchen staple. The special rake, dubbed 'Kanda Express', will depart from Maharashtra's Lasalgaon Railway Station and reach Delhi's Kishanganj Railway Station on October 20, Consumer Affairs Secretary Nidhi Khare announced on Thursday. The government expects this bulk movement to help stabilise prices in the Delhi-NCR region, where buffer stock onions are currently being sold at a subsidised rate of Rs 35 per kg.

'Preparing to enter affordable housing loans space'

'Preparing to enter affordable housing loans space'

Rediff.com13 Oct 2024

'Focus will be on smaller loan amounts to meet the needs of affordable homebuyers.'

April's service sector growth is among fastest in 14 years

April's service sector growth is among fastest in 14 years

Rediff.com6 May 2024

India's services sector growth eased slightly in April but growth of new business and output remained sharp and among the fastest in 14 years amid favourable economic conditions and strong demand, a monthly survey said on Monday. The seasonally adjusted HSBC India Services Business Activity Index fell from 61.2 in March to 60.8 in April, highlighting one of the strongest growth rates seen in just under 14 years. Survey members attributed the latest upturn in output to favourable economic conditions, demand strength and rising intakes of new work.

Keralites drank liquor worth Rs 818 cr during 12-day Onam

Keralites drank liquor worth Rs 818 cr during 12-day Onam

Rediff.com19 Sep 2024

Over the 12-day festival period, Rs 818.21 crore worth of liquor was sold, surpassing last year's figures of Rs 809.25 crore during the same period, according to officials here on Wednesday.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com3 Mar 2024

Trends in the global markets, trading activity of foreign investors and announcement of domestic macroeconomic data are the major factors that would drive investors' sentiment in a holiday-shortened week ahead, analysts said. Benchmark indices had a record-breaking rally in the past week driven by impressive GDP data. Equity markets would remain closed on Friday for Mahashivratri.

India's services sector growth hits 13-and-a-half-yr high in Mar

India's services sector growth hits 13-and-a-half-yr high in Mar

Rediff.com4 Apr 2024

India's services sector witnessed one of the strongest growth rates in over 13-and-a-half years in March on the back of strong demand that spurred sales and business activity, a monthly survey said on Thursday. The seasonally adjusted HSBC India Services Business Activity Index rose from 60.6 in February to 61.2 in March, one of the strongest expansions in total sales and business activity in close to 14 years. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

MUDA case: Sidda quizzed by Lokayukta police for 2 hrs, says told them truth

MUDA case: Sidda quizzed by Lokayukta police for 2 hrs, says told them truth

Rediff.com6 Nov 2024

The Karnataka CM is facing allegations of illegalities in the allotment of 14 sites to his wife Parvathi B M by the Mysuru Urban Development Authority (MUDA).

Why You Should Invest In ULIPs Long Term

Why You Should Invest In ULIPs Long Term

Rediff.com29 Aug 2024

Younger people, who usually have a longer investment horizon which allows them to handle the interim volatility, may go for them.

Sensex falls 535 pts dragged by HDFC & IT shares

Sensex falls 535 pts dragged by HDFC & IT shares

Rediff.com3 Jan 2024

Among the Sensex firms, JSW Steel, Tata Steel, Tech Mahindra, Infosys, Wipro, Tata Consultancy Services, Nestle, HCL Technologies, HDFC Bank and Maruti were the major laggards. IndusInd Bank, ITC, Bharti Airtel and State Bank of India were among the winners.

Atlas Cycles' former boss shoots self in Delhi home

Atlas Cycles' former boss shoots self in Delhi home

Rediff.com3 Sep 2024

Former president of Atlas Cycles Salil Kapoor allegedly died by suicide at his home in Lutyens' Delhi on Tuesday. In a purported suicide note recovered from the spot, he mentioned "financial burden" on him and harassment by four people, the police said, adding said they were investigating the matter from all possible angles.

'I Should Have Won 1.25 Lakh Votes'

'I Should Have Won 1.25 Lakh Votes'

Rediff.com5 Dec 2024

'There is a difference between a politician and leader.' 'A politician will have his pound of flesh first and do everything else later.' 'A leader will sacrifice everything to help people.'

How Much Should You Invest In Gold

How Much Should You Invest In Gold

Rediff.com30 Sep 2024

'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'

Can Rs 10K SIP Make You Rs 3 CRORE?

Can Rs 10K SIP Make You Rs 3 CRORE?

Rediff.com16 Oct 2024

Imagine transforming a modest Rs 10,000 monthly investment into a steady Rs 1 lakh monthly income in your retirement years. This is the power of compounding -- a strategy that rewards you for starting early and staying consistent with your investments, says Ramalingam Kalirajan.

Will Poll Gamechanger Laadki Bahin Continue?

Will Poll Gamechanger Laadki Bahin Continue?

Rediff.com26 Nov 2024

'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'

Samvat 2081: Will Gold, Silver Sparkle?

Samvat 2081: Will Gold, Silver Sparkle?

Rediff.com25 Oct 2024

'Higher interest rates make gold less attractive as it doesn't generate yield.' 'However, with rates set to fall, the tables are turning for gold.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com31 Mar 2024

The Reserve Bank of India's interest rate decision, macroeconomic data and global trends will drive investors' sentiment this week, with markets hoping to continue the positive momentum after ending FY24 on a buoyant note, analysts said. In addition, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude would also influence trading in equity markets. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in the 2023-24.

Munambam: The Politics Of Waqf Land

Munambam: The Politics Of Waqf Land

Rediff.com27 Nov 2024

The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.

Rising cost of goods, services affecting purchasing decisions in India: EY report

Rising cost of goods, services affecting purchasing decisions in India: EY report

Rediff.com11 May 2022

A majority of the Indian consumers are bullish about their financial situation in the next one year, but have raised concerns over rising cost of goods and services, which is affecting their purchasing decisions, according to an EY report. Moreover, uncertainty around managing rising living costs is driving over 80 per cent in India to save more money, said the findings of the ninth edition of the EY Future Consumer Index for India. The Index for India reaffirms the "positive outlook" of the Indian consumers as 77 per cent expect positive changes in the financial situation, in the next one year.

Should You Invest In Gilt Funds?

Should You Invest In Gilt Funds?

Rediff.com4 Jul 2024

By taking the mutual fund route, investors can take exposure to gilts with small amounts. Over a decade or more, returns from these funds tend to be sound.

Controversy-ridden AIFF president gets life threat

Controversy-ridden AIFF president gets life threat

Rediff.com13 Sep 2024

The FIR also mentioned that the unidentified individual stated that Chaubey should be careful of his decisions and other actions.

Should You Invest In Gold ETFs?

Should You Invest In Gold ETFs?

Rediff.com16 Aug 2024

All investors should ideally have a 10 to 15 per cent allocation to gold. Whether they invest in gold ETFs or SGBs should depend on their investment horizon.

What I Discovered In 100 Hours In Seoul

What I Discovered In 100 Hours In Seoul

Rediff.com6 Nov 2024

A sojourn in Seoul, one of Asia's largest metropolises, where the ultra-modern coexists with the ancient -- temples and palaces with futuristic skyscrapers climbing to the stratosphere, K-pop with Buddhism, a village within city limits.