News for 'quantum'

SC questions immigrants' impact on Assam's demography, culture, seeks data

SC questions immigrants' impact on Assam's demography, culture, seeks data

Rediff.com5 Dec 2023

The Supreme Court on Tuesday sought data on the beneficiaries of Section 6A of the Citizenship Act in Assam, saying there was no material before it which could indicate that the effect of granting Indian citizenship to Bangladeshi immigrants between 1966 and 1971 was so great that it impacted the demographic and cultural identity of the border state.

Will Rajeev Chandrasekhar Upset Shashi Tharoor?

Will Rajeev Chandrasekhar Upset Shashi Tharoor?

Rediff.com22 Apr 2024

I hope those who underestimate Rajeev Chandrasekhar will be proved wrong in this fight for Thiruvananthapuram's future, notes Rajeev Srinivasan.

Doval moots interoperability among central police forces

Doval moots interoperability among central police forces

Rediff.com24 May 2024

National security advisor Ajit Doval on Friday suggested that various central armed police forces of the country should have "jointness" and interoperability among themselves like the ongoing plan for the defence forces.

Credit-deposit ratio inched up in Q3

Credit-deposit ratio inched up in Q3

Rediff.com29 Feb 2024

Credit-to-deposit (CD) ratio of major public sector and private sector banks during the October-December quarter of FY24 inched up as compared to the previous quarter though government-owned lenders reported a lower rate than their private peers. CD ratio is the ratio of the funds that banks lend as compared to the funds raised in the form of deposits. The CD ratio of top public sector banks (PSBs) - State Bank of India, Punjab National Bank, Bank of Baroda and Canara Bank - was lower than their private counterparts.

After historic 2023, ISRO is ready for packed 2024

After historic 2023, ISRO is ready for packed 2024

Rediff.com30 Dec 2023

The new year will witness two unmanned missions under the "Gaganyaan" project, deep ocean exploration project, "Samudrayaan" and many more.

Home Loans: To Top Up Or Not To Top Up?

Home Loans: To Top Up Or Not To Top Up?

Rediff.com6 May 2024

The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.

BCCI to decide on quantum of punishment to Chandila this week

BCCI to decide on quantum of punishment to Chandila this week

Rediff.com21 Dec 2015

The Board of Control for Cricket in India's three-member disciplinary panel, headed by president Shashank Manohar, will meet this week to decide the fate of Ajit Chandilla and Hiken Shah who have been accused of trying to fix games in the 2013 and last edition of the Indian Premier League respectively.

India on brink of quantum leap, Modi tells investors

India on brink of "quantum leap", Modi tells investors

Rediff.com11 Jan 2015

Investors from across the globe are keen to invest in Gujarat.

Chopping of Kerala prof's hand: Quantum of punishment on May 8

Chopping of Kerala prof's hand: Quantum of punishment on May 8

Rediff.com5 May 2015

A special National Investigative Agency court, which convicted 13 people in the sensational hand chopping case of a college professor in Kerala in 2010, will pronounce the quantum of punishment on May 8.

'Private capex will depend on demand and supply situation'

'Private capex will depend on demand and supply situation'

Rediff.com14 Feb 2024

'The private sector will look to the budget to check whether there are any headwinds or tailwinds.'

After 6 days and a haul of over Rs 350 cr, I-T raids in Odisha end

After 6 days and a haul of over Rs 350 cr, I-T raids in Odisha end

Rediff.com12 Dec 2023

As the raids were completed, the I-T team took two managers of the distillery located at Sutapada to an unknown location for interrogation, they said.

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

Rediff.com16 Feb 2024

Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs 1,144,45, on rallying 10 per cent on the BSE. The board of directors of the Corporation are scheduled to meet today i.e. February 8, 2024, to consider a proposal for declaration of interim dividend for the financial year 2023-24 (FY24). The board will also consider and approve the unaudited financial results for the quarter and nine-month period ended on December 31, 2023.

Retirement Portfolio: What You Must Know

Retirement Portfolio: What You Must Know

Rediff.com15 Mar 2024

'If equities perform well in a year, withdraw money from equities. If the equity market is down, shift withdrawal to the debt portion.'

Bihar to urge Centre to include 65% quota in 9th Schedule for immunity

Bihar to urge Centre to include 65% quota in 9th Schedule for immunity

Rediff.com22 Nov 2023

On Wednesday, the Bihar Cabinet in a meeting chaired by the chief minister passed a resolution on asking the Centre to include the provision in the 9th Schedule of the Constitution, Siddharth said.

Entities may get a year to comply with data protection norms

Entities may get a year to comply with data protection norms

Rediff.com20 Sep 2023

Entities may be given about a year to tune their systems to comply with norms of Digital Personal Data Protection Act, 2023, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. Speaking to reporters on the sidelines of consultation with the industry, Chandrasekhar said the Data Protection Board and guidelines for the eight rules, including consent management, will be put in place within a month. "Industry wants some more time for age-gating, different timelines for transition for different data fiduciaries.

What's in store for mutual fund investors in 2024?

What's in store for mutual fund investors in 2024?

Rediff.com30 Jan 2024

The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.

GOOD News! No Drug Price Hike In 2024

GOOD News! No Drug Price Hike In 2024

Rediff.com6 Feb 2024

For the consumer, there would be practically no impact on prices of essential medicines this year.

Digital India Bill: Up to Rs 500 crore fine for violations likely

Digital India Bill: Up to Rs 500 crore fine for violations likely

Rediff.com27 Sep 2023

The government is likely to propose a penalty of up to Rs 500 crore for violating provisions of the Digital India Bill, according to sources. Under the proposed bill, the Centre may authorise any government agency to monitor and collect traffic data generated, transmitted, received or stored in any digital system to enhance cyber security. It also aims to identify, analyse and prevent intrusion or spread of malware or virus.

Mutual funds rake in 'opportunistic flows' as market mood improves

Mutual funds rake in 'opportunistic flows' as market mood improves

Rediff.com13 Dec 2023

A buoyant equity market, coupled with an improved performance of mutual funds (MFs) on the returns chart, has heightened retail investors' appetite for equities. In the past few months, equity MF schemes have seen a surge in fresh investments through both lump sum (one-time investments) and systematic investment plan (SIP) routes. During the August-September 2023 period, equity MF schemes recorded net lump sum investments of Rs 35,270 crore, compared to just Rs 5,550 crore in the previous three months, according to data from the Association of Mutual Funds in India (Amfi).

Electoral bonds: Can India be democracy if..., asks SC

Electoral bonds: Can India be democracy if..., asks SC

Rediff.com15 Feb 2024

Democracy does not begin and end with elections and the integrity of election process is pivotal for sustaining the democratic form of government, the Supreme Court said on Thursday while striking down as unconstitutional the electoral bonds scheme for political funding.

Gold Loans On RBI, Finance Ministry Radar

Gold Loans On RBI, Finance Ministry Radar

Rediff.com28 Mar 2024

Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.

Mutual Funds Invested In Nearly 1,000 Companies

Mutual Funds Invested In Nearly 1,000 Companies

Rediff.com16 Nov 2023

The number of companies had touched a low of 792 in July 2020 amid heightened uncertainty because of COVID-19.

Andhra releases Nagarjunasagar water to Telangana amid rift among officials

Andhra releases Nagarjunasagar water to Telangana amid rift among officials

Rediff.com1 Dec 2023

According to the EIC, Telangana officials are allegedly not allowing Andhra Pradesh officials to even enter the dam to conduct inspections.

Banking system liquidity bounces back to surplus after three weeks

Banking system liquidity bounces back to surplus after three weeks

Rediff.com10 Oct 2023

The banking system liquidity bounced back to surplus mode after three weeks, the Reserve Bank of India (RBI) data showed. This was due to government spending, according to dealers. The liquidity situation could further ease with the disbursement of the last tranche of incremental cash reserve ratio (I-CRR) worth Rs 50,000 crore on Saturday.

Artist Chintan Upadhayay convicted for killing wife, her lawyer

Artist Chintan Upadhayay convicted for killing wife, her lawyer

Rediff.com5 Oct 2023

A sessions court in Mumbai on Thursday convicted artist Chintan Upadhyay for abetting and conspiring to kill his wife wife Hema Upadhyay and her lawyer Haresh Bhambhani.

Large Cap Funds A Good Buy In 2024

Large Cap Funds A Good Buy In 2024

Rediff.com15 Jan 2024

'From a risk-return perspective, large-cap funds may generate lower-than-historical average returns in 2024, whereas mid-, and small-cap funds hardly have any upside left.'

RBI changes norms for bank penalties on loan default

RBI changes norms for bank penalties on loan default

Rediff.com18 Aug 2023

Concerned over the practice of banks and Non-Banking Financial Companies (NBFCs) using penal interest as a revenue enhancement tool, the Reserve Bank on Friday came out with modified norms, under which lenders would be able to levy only "reasonable" penal charges in case of default in repayment of loans. The banks and other lending institutions will not be allowed to levy penal interest with effect from January 1, 2024, the RBI said in its notification on 'Fair Lending Practice-Penal Charges in Loan Accounts'. "Penalty, if charged, for non-compliance of material terms and conditions of loan contract by the borrower shall be treated as 'penal charges' and shall not be levied in the form of 'penal interest' that is added to the rate of interest charged on the advances," RBI said in a notification.

2024 Polls: Will BJP Triumph In Bengal?

2024 Polls: Will BJP Triumph In Bengal?

Rediff.com17 Feb 2024

Sukanta Majumdar, the state BJP president, said, "Amit Shah has set a target of 35 seats. We will achieve that".

Should you invest in longer-duration debt funds?

Should you invest in longer-duration debt funds?

Rediff.com11 Jan 2024

'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'

Looking To Invest Money For Short Term? Read This

Looking To Invest Money For Short Term? Read This

Rediff.com16 Jan 2024

These schemes are a good choice for investors contemplating a large investment in equity funds. Instead of investing all the money in one go, they can do so in a staggered manner by parking it in these schemes and then transferring it to equity mutual funds through a systematic transfer plan.

Forex reserves drop by $6 billion to $593.48 billion

Forex reserves drop by $6 billion to $593.48 billion

Rediff.com26 May 2023

India's foreign exchange reserves dropped by $6.05 billion to $593.48 billion during the week ended May 19, RBI said on Friday. The drop in the kitty has snapped two consecutive weeks of increases. In the previous reporting week, the overall reserves had increased by $3.5 billion to take the overall quantum just shy of $600 billion.

Delhi court convicts 4 IM operatives for nationwide terror attack plot

Delhi court convicts 4 IM operatives for nationwide terror attack plot

Rediff.com11 Jul 2023

The judge will hear arguments on the quantum of punishment on July 12 and the convicts can get a maximum sentence of life imprisonment for the offences.

Future of Reliance belongs to Akash, Isha, Anant, and...: Ambani

Future of Reliance belongs to Akash, Isha, Anant, and...: Ambani

Rediff.com28 Dec 2023

Having created businesses ranging from world's largest single-location oil refining complex to nation's largest mobile network operators in just few years, billionaire Mukesh Ambani says his group Reliance Industries Ltd will never be complacent and will grow to be among the top 10 business conglomerates of the world. Addressing employees on Reliance Family Day - the birthday of the group's founder Dhirubhai Ambani, he said Reliance is now aiming to consolidate a place among global leaders in digital data platforms and AI adoption. "Today, the domestic and global environments for business are changing very fast.

'Everyone loved DevSaab'

'Everyone loved DevSaab'

Rediff.com26 Sep 2023

'He was one of his kind.' 'He walked at the speed of a run.' 'He wore full-sleeve shirts no matter what or when.' 'He always drove himself.'

Review: Quantum of Solace

Review: Quantum of Solace

Rediff.com7 Nov 2008

Casino Royale, this film's predecessor and the one in which blonde-haired, blue-eyed and muscle-bound Daniel Craig took on the mantle of James Bond was buoyed by some impressive stunt and action work. That much remains in Quantum of Solace but little else is added to the cocktail to make it palatable this time around.

Ant-Man And The Wasp: Quantumania Review: Filler Marvel Episode

Ant-Man And The Wasp: Quantumania Review: Filler Marvel Episode

Rediff.com17 Feb 2023

Ant-Man and the Wasp: Quantumania falls short of the signature Marvel magic, says Mayur Sanap

India's Big Guns Firing On Capex Front

India's Big Guns Firing On Capex Front

Rediff.com13 Feb 2024

'Interim Budget has ignited the entrepreneurial spirit.'

More carmakers plan to hike prices from January

More carmakers plan to hike prices from January

Rediff.com7 Dec 2022

Carmakers Mercedes-Benz, Audi, Renault, Kia India and MG Motor on Wednesday announced plans to hike vehicle prices from January to partially offset the impact of rising input costs. They join the likes of market leader Maruti Suzuki India and Tata Motors, which have also made the year-end announcements to raise prices from next month. Audi India said it will increase prices of its entire model range by up to 1.7 per cent, while Mercedes-Benz India noted it will hike the prices by up to 5 per cent from January 1.

Divorce And The Business World

Divorce And The Business World

Rediff.com6 Jan 2024

'Being financially independent is crucial.' 'This spares women a lot of grief if the marriage, especially in large business families, breaks down.'

Tata Motors applies for PLI benefits for Tiago electric car

Tata Motors applies for PLI benefits for Tiago electric car

Rediff.com27 Jul 2023

Tata Motors, the market leader in electric four-wheeler space, has sought incentives for its Tiago EV under the government's production-linked incentive (PLI) scheme, group chief financial officer P B Balaji said on Tuesday. The Mumbai-headquartered firm has applied for all variants of the Tiago, which recently hit a sales milestone of 10,000 units. "The Automotive Research Association of India certification is done.