News for 'purchasing managers'

Want Stronger Rupee? Manage The Economy

Want Stronger Rupee? Manage The Economy

Rediff.com12 Jul 2022

India's politicians need to do a better job of managing the economy: Inflation control, productivity improvement, etc, asserts T N Ninan.

Okay To Live Apart When You're Married?

Okay To Live Apart When You're Married?

Rediff.com13 Sep 2024

While it's important to work towards saving your marriage, you must also be willing to accept that the outcome may not be what you hope for, says Dr Ashish Sehgal.

Sebi Eases KYC Norms For MF Investors

Sebi Eases KYC Norms For MF Investors

Rediff.com16 May 2024

Mutual fund investors no longer need to link their PAN with Aadhaar to obtain 'KYC-registered' status.

How To Achieve Financial Peace: The Gita Way

How To Achieve Financial Peace: The Gita Way

Rediff.com27 Jun 2024

The Bhagavad Gita reminds us that true peace comes not from the absence of problems, but from the ability to face them with a prepared mind and a steady resolve, says Vatsal Ramaiya, and shows how the Gita helps you to achieve financial peace.

What Is A Retirement Fund?

What Is A Retirement Fund?

Rediff.com20 May 2024

A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com3 Sep 2023

Macroeconomic data announcements, global trends and trading activity of foreign investors would guide momentum in the equity market this week, analysts said. Markets ended a five-week losing streak and gained nearly a per cent last week, helped by a sharp rebound on Friday. Last week, the BSE benchmark jumped 500.65 points or 0.77 per cent and the Nifty gained 169.5 points or 0.87 per cent.

Electoral bonds: SBI faced searching queries from SC

Electoral bonds: SBI faced searching queries from SC

Rediff.com11 Mar 2024

The State Bank of India, which unsuccessfully sought extension of time till June 30 to disclose the details of electoral bonds, on Monday faced searching questions from the Supreme Court which wanted to know about the steps taken to comply with the directions it had issued while scrapping the controversial scheme of anonymous political funding on February 15.

What ails Modi regime's defence purchases policy

What ails Modi regime's defence purchases policy

Rediff.com9 Jan 2019

Its 'failure not just affects the military's effectiveness but could also be politically vulnerable for the BJP,' observes Ajai Shukla.

Air India sale: EoI, share purchase agreement get govt nod

Air India sale: EoI, share purchase agreement get govt nod

Rediff.com7 Jan 2020

The EoI and the share purchase agreement would be issued in January itself for the bidders. While Air India's net loss in 2018-19 was around Rs 8,556 crore, its current total debt is around Rs 80,000 crore.

'Residential and hospitality are best-performing sectors'

'Residential and hospitality are best-performing sectors'

Rediff.com25 Jun 2024

'The overall market cycle is very positive.'

What's Better? No-Cost EMI Or BNPL?

What's Better? No-Cost EMI Or BNPL?

Rediff.com13 Nov 2023

Ultimately, the choice between no-cost EMI and BNPL depends on an individual's financial situation, preferences, and ability to manage repayments responsibly.

Big Steel Boys Pushing Future Mobiility Pedal

Big Steel Boys Pushing Future Mobiility Pedal

Rediff.com11 Aug 2024

From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.

Manufacturing activities hit 4-month high in April

Manufacturing activities hit 4-month high in April

Rediff.com1 May 2023

Manufacturing activities in India accelerated further and touched a four-month high in April, boosted by robust new business growth, mild price pressures, better international sales, and improving supply-chain conditions, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) increased from 56.4 in March to 57.2 in April, indicating the fastest improvement in the health of the sector so far this year. The March PMI data pointed to an improvement in overall operating conditions for the 22nd straight month.

Plan Your Wedding Expenses Early

Plan Your Wedding Expenses Early

Rediff.com2 Aug 2024

'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'

Price hike, capex moderation key for further gains in Bharti Airtel stock

Price hike, capex moderation key for further gains in Bharti Airtel stock

Rediff.com18 Jun 2024

From its lows this month, the stock of Bharti Airtel is up 14 per cent. The gains for the telco have come on the back of expectations that market share consolidation, tariff hike and lower capex should boost margins and profits. While the company is a key player in the Indian market, it also has a leadership position in major markets of Africa.

Missing NEET aspirant traced after 23 days, travelled across India

Missing NEET aspirant traced after 23 days, travelled across India

Rediff.com1 Jun 2024

A day after taking the competitive medical exam, Meena on May 6 sent a text message to his parents saying that he did not want to study any further and was leaving home for five years, police had said.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com30 Apr 2023

The US Federal Reserve's interest rate decision, quarterly earnings of corporates and domestic macroeconomic data will influence trading in the equity market in a holiday-shortened week ahead, analysts said. Foreign funds' trading activity, monthly automobile sales data and global trends would also guide market movement this week, they added. Markets would remain closed on Monday on account of 'Maharashtra Day'.

Brookfield to buy ATC's India business for $2 bn

Brookfield to buy ATC's India business for $2 bn

Rediff.com5 Jan 2024

Canada-based Brookfield will acquire the Indian business of American Tower Corporation (ATC) for an enterprise value of $2 billion, a release said on Friday. The transaction is subject to regulatory approvals and expected to close in the second half of 2024. "Data Infrastructure Trust (DIT), an Infrastructure Investment Trust sponsored by an affiliate of Brookfield Asset Management, today announced the signing of an agreement with ATC to acquire 100 per cent of equity interests in American Tower's operations in India (ATC India), for an enterprise value of Rs 16,500 crore ($2 billion) which is subject to pre-closing terms as per the securities purchase agreement," it said.

When I Sang Jana Gana Mana On Everest

When I Sang Jana Gana Mana On Everest

Rediff.com13 Jun 2024

'On May 21 we started our final summit attempt at 5 pm. On May 22 at 4.10 am we summited Everest.'

'Climate Change Is The Main Villain'

'Climate Change Is The Main Villain'

Rediff.com2 Aug 2024

'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'

Planning To Buy A House? Read This

Planning To Buy A House? Read This

Rediff.com5 Jun 2024

'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'

Finance, durables stocks see maximum FPI selling in last fortnight of Feb

Finance, durables stocks see maximum FPI selling in last fortnight of Feb

Rediff.com9 Mar 2023

Financial services and consumer durable companies accounted for most of the selling by foreign portfolio investors (FPI) in the last fortnight of February. FPIs sold finance stocks worth Rs 2,263 crore and consumer durable stocks worth Rs 1,111 crore, according to data collated by Prime Infobase. Information technology (selling worth Rs 708 crore), metals and mining (Rs 694 crore), and power (Rs 497 crore) were the other sectors where overseas funds sold shares.

'I'm Confused. Filing ITR For First Time'

'I'm Confused. Filing ITR For First Time'

Rediff.com2 Jul 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries.

ED probes land deals involving Priyanka Gandhi, Robert Vadra

ED probes land deals involving Priyanka Gandhi, Robert Vadra

Rediff.com28 Dec 2023

Purchase of three plots of land in Haryana in 2005-06 by Congress leader Sonia Gandhi's son-in-law Robert Vadra from a real estate agent is being probed along with a land deal made by his wife Priyanka Gandhi Vadra, the Enforcement Directorate (ED) claimed in a recently filed money laundering case charge sheet.

Uncle Sam's Dollar Ponzi Scheme

Uncle Sam's Dollar Ponzi Scheme

Rediff.com12 Jul 2024

US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down, suggests R Jagannathan.

Shopping blunders to movies, music: Neeraj Chopra gets personal

Shopping blunders to movies, music: Neeraj Chopra gets personal

Rediff.com15 Jun 2024

Neeraj exhibited the basics of throwing a javelin to former Indian cricketer Dinesh Karthik on JioCinema's 'Get Set Gold'

J-K sacks 4 govt employees, bank manager for anti-national activities

J-K sacks 4 govt employees, bank manager for anti-national activities

Rediff.com15 Oct 2022

The dismissal of the five --most of whom have cases registered against them for terror activities -- was ordered under Article 311 of the Indian Constitution.

Deepak Chahar doesn't look good: Fleming on his possible injury

Deepak Chahar doesn't look good: Fleming on his possible injury

Rediff.com2 May 2024

Chennai Super Kings head coach Stephen Fleming admitted that seamer Deepak Chahar's latest injury "doesn't look good" but he is hoping for a positive report from the franchise's medical team ahead of the business phase of the ongoing IPL.

Oil imports from Russia likely to decline this year

Oil imports from Russia likely to decline this year

Rediff.com9 Jan 2024

Indian imports of Russian crude oil may stabilise or even decline in 2024 from record 2023 levels amid shrinking discounts, lower output, and a rebound in West Asian supplies, according to the ship-tracking data and industry executives. This may impact the billions of dollars in annual savings that India made last year. Imports of Russian oil jumped by a record 140 per cent in calendar 2023 to 1.79 million barrels a day (b/d) from 740,400 b/d in 2022, when Russia marched into Ukraine in February, and from just 102,000 b/d in 2021, according to the data from Paris-based market intelligence agency Kpler.

Should You Invest In NPS?

Should You Invest In NPS?

Rediff.com15 Apr 2024

'Young investors with limited funds should ensure that investing in NPS does not crowd out their other, more liquid, investments.'

How to Boost Your Portfolio Resilience

How to Boost Your Portfolio Resilience

Rediff.com1 Apr 2024

Investors must adopt a balanced approach, incorporating both styles in their portfolios.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com4 Jun 2023

The Reserve Bank of India's interest rate decision, domestic macroeconomic data and global trends will dictate terms in the equity markets this week, analysts said. Trading activity of Foreign Portfolio Investors (FPIs) will also influence markets, they added. "The Indian market will be closely monitoring the Reserve Bank of India's Monetary Policy Committee (MPC) meeting scheduled for June 6-8, 2023. Aside from that, market participants will be keeping an eye on the progress of monsoon," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.

Red hot chillies spice up poll battle in Guntur

Red hot chillies spice up poll battle in Guntur

Rediff.com13 May 2024

'It is a fiercely fought battle, like our fiery chillies in Guntur.'

India's services sector activity moderates in August

India's services sector activity moderates in August

Rediff.com5 Sep 2023

India's services sector activity eased in August but growth rates for new orders remain elevated, as services firms indicated the sharpest upturn in new export business which acted as a catalyst for firms to expand their workforces as well as output, a monthly survey said on Tuesday. Despite falling from 62.3 in July to 60.1 in August, the seasonally adjusted S&P Global India Services PMI Business Activity Index indicated one of the strongest increases in output seen since mid-2010. For the 25th straight month, the headline figure was above the neutral 50 threshold.

'Is it usual for a store to be empty at 6 pm?'

'Is it usual for a store to be empty at 6 pm?'

Rediff.com2 Jan 2024

'Due to rural stress, volumes continue to remain an issue for the industry, and we are yet to see any revival in demand.'

India to clock GDP growth of 6.5% in FY24: Arvind Virmani

India to clock GDP growth of 6.5% in FY24: Arvind Virmani

Rediff.com21 Sep 2023

The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high crude oil prices and increased uncertainty due climate changes, NITI Aayog member Arvind Virmani said on Thursday. Virmani also asserted that the gross household savings ratio in India has consistently gone up. In an interview with PTI, he said: "My growth projection (of India's GDP growth) is 6.5 per cent plus minus 0.5 per cent... because my experience is that the fluctuations in global GDP more or less has balanced out for us, assuming normal changes."

It's All About Job Creation, Nirmalaji

It's All About Job Creation, Nirmalaji

Rediff.com1 Aug 2024

'Is the Agniveer scheme or their post-retirement re-employment in paramilitary forces or in the state governments the BJP's answer to the crying need on the job front?' 'Or, even Finance Minister Sitharaman's one-year internship scheme in the public and private sector, is it a permanent solution, either?', asks N Sathiya Moorthy.

India poised for more durable growth than ever, says finance ministry

India poised for more durable growth than ever, says finance ministry

Rediff.com7 Jul 2023

India appears poised to sustain its growth in a more durable way than before with the economy carrying the momentum from FY23 into the current fiscal year, the Annual Economic Review for 2022-23 released by the finance ministry on Thursday said. However, the report cautioned that escalation of geopolitical stress, enhanced volatility in global financial systems, sharp price correction in global stock markets, a high magnitude of El-Nino impact, and modest trade activity and FDI inflows, are factors that could constrain the pace of growth. "Should these developments deepen and dampen growth in the subsequent quarters, the external sector may challenge India's growth outlook for FY24," the finance ministry said.

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

Indian economy to grow at 6.3% in FY24: World Bank

Indian economy to grow at 6.3% in FY24: World Bank

Rediff.com3 Oct 2023

The Indian economy is projected to grow at 6.3 per cent in current financial year aided by investment and domestic demand. According to a World Bank report released on Tuesday, India continues to show resilience against the backdrop of a challenging global environment. In India, which accounts for the bulk of South Asia region, growth is expected to remain robust at 6.3 per cent in 2023-24, India Development Update of the World Bank said.