News for 'purchasing managers'

India's spin dilemma: Will they play three pacers?

India's spin dilemma: Will they play three pacers?

Rediff.com17 Sep 2024

The first Test, beginning in Chennai on Thursday, is expected to be played on the red-soil trampoline which often offers good purchase to pacers, but the black-soil composition is more likely to assist the spinners.

Loyalty Over Money For Dravid!

Loyalty Over Money For Dravid!

Rediff.com9 Sep 2024

A few big IPL franchises had offered Rahul Dravid blank cheques to join them, but his choice was clear.

Recipe: Anas' Classic Cheeseburger

Recipe: Anas' Classic Cheeseburger

Rediff.com17 Oct 2024

Hankering for an asli burger? Go for it!

What's A Specialised Cardiac Plan?

What's A Specialised Cardiac Plan?

Rediff.com16 Nov 2024

Cardiac care plans are ideal for individuals with pre-existing heart conditions or a family history of heart issues. Those who can't get coverage under a comprehensive plan should opt for these plans.

As PV sales dip, FADA raises alarm over rising inventory level

As PV sales dip, FADA raises alarm over rising inventory level

Rediff.com5 Sep 2024

Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account of delayed customer purchases, poor consumer sentiment and persistent heavy rains, industry body FADA said on Thursday. The overall passenger vehicle (PV) registrations last month stood at 309,053 units, as compared to 323,720 units in August 2023.

Why 30-Day Samsung Strike Continues

Why 30-Day Samsung Strike Continues

Rediff.com7 Oct 2024

Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.

With Paytm deal, Zomato spices up growth menu

With Paytm deal, Zomato spices up growth menu

Rediff.com31 Aug 2024

Food delivery platform Zomato has laid the foundation for its third vertical of growth by agreeing to acquire Paytm's entertainment and ticketing business, said analysts on Thursday (August 22). Zomato, which also runs a quick commerce business called Blinkit, will strengthen its 'going out' offering but the acquisition may take time to yield results, they said. "Paytm's entertainment and ticketing arm will be part of Zomato's District app, which is due to be launched in the coming weeks.

How will the markets fare in the Budget week?

How will the markets fare in the Budget week?

Rediff.com28 Jan 2024

Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.

Buoyant economic conditions boost India's services sector

Buoyant economic conditions boost India's services sector

Rediff.com5 Jan 2024

The services sector growth in India rose to a three-month high in December supported by favourable economic conditions and positive demand trends, a monthly survey said on Friday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 56.9 in November to 59 in December, highlighting a sharp increase in output that was the most pronounced since September. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.

The Hotelier Who BJP Apologised To

The Hotelier Who BJP Apologised To

Rediff.com24 Sep 2024

Sree Annapoorna Sree Gowri Shankar is a familiar name across the country. With over 1,500 employees, it is renowned for its filter coffee and Keerai Vada throughout Tamil Nadu. Its operating revenues range from Rs 100 crore to Rs 500 crore.

FPIs pump Rs 33,700 cr in equities in Sep

FPIs pump Rs 33,700 cr in equities in Sep

Rediff.com22 Sep 2024

Foreign investors have injected close to Rs 33,700 crore in domestic equities in this month so far primarily due to interest rate cut in the US and resilience of the Indian market. This also marks the second highest inflow in a month in this year so far, the last one being in March, when Foreign Portfolio Investors (FPIs) infused Rs 35,100 crore, data with the depositories showed. Going ahead, the trend of FPIs buying is likely to continue in the coming days, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

India's manufacturing activities hit 3-month high in Nov

India's manufacturing activities hit 3-month high in Nov

Rediff.com1 Dec 2022

Manufacturing activities in India touched a three-month high in November as new orders and exports expanded boosted by demand resilience and substantial easing of cost pressure, according to a monthly survey released on Thursday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) stood at 55.7 in November, up from 55.3 in October, signalling the strongest improvement in operating conditions in three months. The November PMI data pointed to an improvement in overall operating conditions for the 17th straight month.

Why Muslims Prefer This BJP Candidate

Why Muslims Prefer This BJP Candidate

Rediff.com19 Nov 2024

Will Hindus not vote for a Muslim candidate? Is that why such few Muslims are given tickets? Two constituencies in Mumbai break prevalent stereotypes about these difficult questions.

Manufacturing activities ease marginally in Sep

Manufacturing activities ease marginally in Sep

Rediff.com3 Oct 2022

Manufacturing activities in India eased marginally in September but remained in good shape amid companies hiring more workers and cooling price pressures, according to a monthly survey released on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) indicated a strong improvement in the health of the Indian manufacturing industry, as companies stepped up production in tandem with a sustained increase in new work intakes. The PMI at 55.1 in September continued to be in expansion mode for the 15th consecutive month but was slightly lower than 56.2 recorded in August.

Factory output moderates in Jan amid tepid sales

Factory output moderates in Jan amid tepid sales

Rediff.com1 Feb 2023

India's manufacturing sector activity moderated in January amid slower increase in total sales, and headcounts were broadly unchanged amid sufficient staff numbers to cope with current requirements, according to a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell from December's recent high of 57.8 to 55.4 in January, as factory orders and production rose at sharp, albeit slower, rate. The January PMI data pointed to an improvement in overall operating conditions for the 19th straight month.

Iron-ore price recovery, steady demand positive for NMDC

Iron-ore price recovery, steady demand positive for NMDC

Rediff.com18 Apr 2024

Its 11MFY24 production is around 40.2 mt. In FY25, it could hit 50 mt and it may reach 55 mt by FY26. The PSU has capex plans for multiple projects, which should improve the product mix and augment capacity to 100 mt for FY30.

Manufacturing sector growth stays stable in Feb

Manufacturing sector growth stays stable in Feb

Rediff.com1 Mar 2023

The growth momentum in India's manufacturing sector was maintained in February, with new orders and output increasing at similar rates to January, according to a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) was at 55.3 in February, little-changed from 55.4 in January. The February PMI data pointed to an improvement in overall operating conditions for the 20th straight month. In PMI parlance, a print above 50 means expansion while a score below 50 indicates contraction.

Markets at record highs; Sensex ends up 1,245 points

Markets at record highs; Sensex ends up 1,245 points

Rediff.com1 Mar 2024

Equity benchmark indices Sensex and Nifty hit their all-time high levels on Friday helped by impressive GDP data and fresh foreign fund inflows. Also, a rally in global markets added to the positive momentum in the equity markets. The 30-share BSE Sensex jumped 1,139.04 points to 73,639.34 -- its all-time peak -- in the late afternoon trade.

'Wash Can Take Over From Ashwin, Jadeja'

'Wash Can Take Over From Ashwin, Jadeja'

Rediff.com25 Oct 2024

'He is definitely much more mature and he knows the value of his place in the Indian team, 2-3 years of not being there.' 'He will now look to take care of his body much more. He has developed from a youngster to a responsible person now.' 'He knows what he needs to do, to succeed at the highest level.'

Travelling Abroad? Use Prepaid Forex Card

Travelling Abroad? Use Prepaid Forex Card

Rediff.com24 Oct 2024

Using credit or debit cards abroad can prove costly.

TTD confirms animal fat in laddus, Jagan breaks silence

TTD confirms animal fat in laddus, Jagan breaks silence

Rediff.com20 Sep 2024

The Tirupati Laddu row intensified on Friday with the Tirumala Tirupati Devasthanams (TTD), which is managing the super-rich temple, backing Chief Minister N Chandra Babu Naidu's claim that the famous 'prasadam' had animal fat and Yuvajana Sramika Rythu Congress Party president Y S Jagan Mohan Reddy dubbing the accusations as 'atrocious'.

Manufacturing sector hits 13-month high in Dec

Manufacturing sector hits 13-month high in Dec

Rediff.com2 Jan 2023

India's manufacturing sector activity rose to a 13-month high in December, supported by healthy inflows of new business and strong demand conditions, according to a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) stood at 57.8 in December, up from 55.7 in November, as business conditions improved to the greatest extent in over two years. The December PMI data pointed to an improvement in overall operating conditions for the 18th straight month.

India's Sports Ministry ensures 40 ACs for athletes

India's Sports Ministry ensures 40 ACs for athletes

Rediff.com2 Aug 2024

With temperatures soaring in Paris Olympics, Indian athletes battling the soaring temperatures and lack of cooling in their rooms in the Paris Olympic Games Village have been provided with 40 portable air conditioners

How To Become A Crorepati: 15x15x15

How To Become A Crorepati: 15x15x15

Rediff.com28 Aug 2024

Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how

How To Deal With Avalanche Debt?

How To Deal With Avalanche Debt?

Rediff.com20 Aug 2024

Make minimum payments on all debts, then use extra funds to tackle the smallest debt first.

Auto majors' offer: Scrap old cars, get 3% discount on new

Auto majors' offer: Scrap old cars, get 3% discount on new

Rediff.com27 Aug 2024

Ahead of the festive season, several passenger and commercial vehicle manufacturers have agreed to offer discounts of 1.5-3 per cent on new vehicle purchase against scrapped old vehicles after a meeting with Union Minister Nitin Gadkari, an official statement said on Tuesday. The statement further said Mercedes Benz India has offered a flat discount of Rs 25,000, which will be over and above all existing discounts. Union Road Transport and Highways (RT&H) Minister Nitin Gadkari on Tuesday chaired a meeting with the SIAM delegation at Bharat Mandapam, where he addressed pressing issues in the automobile industry.

Manufacturing activities hit 31-month high in May

Manufacturing activities hit 31-month high in May

Rediff.com1 Jun 2023

Manufacturing activities in India advanced further and touched a 31-month high in May supported by stronger increase in new orders and favourable market conditions, which in turn generated more employment opportunities, a monthly survey said on Thursday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose from 57.2 in April to 58.7 in May, indicating the strongest improvement in the health of the sector since October 2020. The May PMI data pointed to an improvement in overall operating conditions for the 23rd straight month.

SBI refuses to share electoral bonds details under RTI Act

SBI refuses to share electoral bonds details under RTI Act

Rediff.com11 Apr 2024

The RTI also sought the details of the fees paid by the SBI to senior advocate Harish Salve to defend its case against the disclosure of the electoral bonds' records, citing that the records are held in a fiduciary capacity and the information is personal in nature.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com26 Nov 2023

Stock markets will be largely driven by global trends and macroeconomic data announcements in a holiday-shortened week which may see volatility amid monthly derivatives expiry, say analysts. Equity markets will remain closed on Monday for Gurunanak Jayanti. Trading activity of foreign investors and the movement of the rupee against the dollar will also be tracked by investors.

Highlights of Economic Survey 2023-24

Highlights of Economic Survey 2023-24

Rediff.com22 Jul 2024

The Survey is authored by Chief Economic Advisor V Anantha Nageswaran and his team.

Biz tycoons LN Mittal, Kiran Mazumdar Shaw among electoral bond buyers

Biz tycoons LN Mittal, Kiran Mazumdar Shaw among electoral bond buyers

Rediff.com15 Mar 2024

While mostly corporates, including established names and little-known ones, went for the top-denomination bonds, there were also several individuals who bought multiple such bonds.

Maruti, Tatas' Plans To Boost Car Sales

Maruti, Tatas' Plans To Boost Car Sales

Rediff.com21 Oct 2024

'The customer is fast changing, and she demands newer experiences that wealth can buy.'

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Rediff.com3 Jul 2024

India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."

Nifty hits life-time high, Sensex jumps 493 points

Nifty hits life-time high, Sensex jumps 493 points

Rediff.com1 Dec 2023

Among the Sensex firms, ITC, NTPC, Axis Bank, Larsen & Toubro, Bajaj Finance, Asian Paints and Tata Steel were the major gainers. Mahindra & Mahindra, Wipro, Maruti, IndusInd Bank, Kotak Mahindra Bank and HDFC Bank were among the laggards.

Health Insurance: What You Must Know!

Health Insurance: What You Must Know!

Rediff.com24 Jun 2024

Purchase health insurance at an early age, before you incur a disease, as this makes access to health insurance difficult and raises the premium significantly.

Selling Jewellery? You Can Save Capital Gains Tax

Selling Jewellery? You Can Save Capital Gains Tax

Rediff.com30 Apr 2024

Taxpayers seeking to save tax from the sale of gold (including inherited) should reinvest the capital gains in residential property to avail of the benefit provided by Section 54F.

Sensex ends down 284 points on foreign fund outflows

Sensex ends down 284 points on foreign fund outflows

Rediff.com1 Nov 2023

Among the Sensex firms, Asian Paints, Tata Steel, HCL Technologies, Nestle, Maruti, JSW Steel, NTPC and Larsen & Toubro were the major laggards. Sun Pharma, Bajaj Finserv, Reliance Industries, State Bank of India and Bharti Airtel were the gainers.

PV sales in June skid 7% on heatwave woes

PV sales in June skid 7% on heatwave woes

Rediff.com5 Jul 2024

Passenger vehicle retail sales in India witnessed a 7 per cent on-year decline in June as severe heatwave conditions resulted in 15 per cent less showroom walk-ins, industry body FADA said on Friday. Overall passenger vehicle registrations stood at 2,81,566 units last month, as compared to 3,02,000 units in June 2023. "Despite improved product availability and substantial discounts aimed at stimulating demand, market sentiment remains subdued due to extreme heat resulting in 15 per cent less walk-ins and delayed monsoons," the Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.

How the markets will fare this week

How the markets will fare this week

Rediff.com29 Oct 2023

The US Federal Reserve's interest rate decision, global cues, macroeconomic data announcements and the ongoing quarterly earnings are the major triggers that will dictate trends in stock markets this week, analysts said. Besides, the trading activity of foreign investors and the movement of global oil benchmark Brent crude will also be tracked. "All eyes are on the outcome of the US Federal Reserve meeting scheduled for November 1, particularly due to the multi-year high levels of the US bond yields.

Some retailers put restrictions on purchase quantity

Some retailers put restrictions on purchase quantity

Rediff.com1 Apr 2020

Future Group and V-Mart have put in place systems to prevent panic buying at their neighbourhood grocery stores.