News for 'rediff-archives'

AyushMin gets rap for underuse of funds despite rising allocation

AyushMin gets rap for underuse of funds despite rising allocation

Rediff.com27 Feb 2024

Given the gap between budgetary allocation and use, a parliamentary standing committee has asked the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy (Ayush) to take steps to prevent underutilisation of funds under the National Ayush Mission (NAM) scheme. According to the data, the ministry was allocated Rs 1,200 crore for the mission in the Budgetary Estimate (BE) for FY24. The Revised Estimate (RE) for the year fell to Rs 815 crore, of which Rs 589 crore, or 74 per cent, has been spent till January.

PICS: 5 in a row! RCB thrash DC to stay alive

PICS: 5 in a row! RCB thrash DC to stay alive

Rediff.com12 May 2024

Images from the IPL match between Royal Challengers Bengaluru and Delhi Capitals at the M.Chinnaswamy Stadium, in Bengaluru, on Sunday.

Hospital bill? You can pay up to Rs 5 lakh through UPI

Hospital bill? You can pay up to Rs 5 lakh through UPI

Rediff.com8 Dec 2023

In a major decision, the RBI on Friday announced that UPI payment limit to hospitals and educational institutions will be raised to Rs 5 lakh from Rs 1 lakh at present and hiked the cap for e-mandates for recurring payments to Rs 1 lakh. Unveiling the December bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said the limit for various categories of Unified Payments Interface (UPI) transactions has been reviewed from time to time. "It is now proposed to enhance the UPI transaction limit for payment to hospitals and educational institutions from Rs 1 lakh to Rs 5 lakh per transaction," he said.

Bloodbath on the bourses: Sensex tanks 1,628 pts

Bloodbath on the bourses: Sensex tanks 1,628 pts

Rediff.com17 Jan 2024

Axis Bank, Tata Steel, Kotak Mahindra Bank, ICICI Bank, Tata Motors, and Bajaj Finance were among the other major laggards. Tata Consultancy Services, Reliance Industries, UltraTech Cement, Infosys, HCL Technologies, and Tech Mahindra were among the gainers.

Saudi Arabia to host 2034 FIFA World Cup after Australia drops out

Saudi Arabia to host 2034 FIFA World Cup after Australia drops out

Rediff.com31 Oct 2023

Saudi Arabia announced it would bid only minutes after soccer's global governing body called for Asia and Oceania bids on October 4.

'Warner doesn't want a swansong, he thinks...'

'Warner doesn't want a swansong, he thinks...'

Rediff.com4 Dec 2023

Erskine hit back at Johnson, stating that his questioning Warner's selection isn't logical.

'GT need to need an imposing strike bowler'

'GT need to need an imposing strike bowler'

Rediff.com19 Dec 2023

When you look at the teams, I suppose they are coming into auction when their top-order is pretty much full. So, in that regard, I don't see many batters going for huge amounts of money, reckons Eoin Morgan.

Sri Lanka unveils its squad for the Asia Cup

Sri Lanka unveils its squad for the Asia Cup

Rediff.com29 Aug 2023

Binura Fernando, Pramod Madushan, Dushan Hemantha back in Sri Lanka squad

Stock markets rally after RBI keeps repo rate unchanged

Stock markets rally after RBI keeps repo rate unchanged

Rediff.com6 Oct 2023

Titan surged 2.98 per cent, followed by IndusInd Bank, ITC, JSW Steel, Infosys, Tech Mahindra, Tata Consultancy Services and Maruti. Hindustan Unilever, Asian Paints, Bharti Airtel and HDFC Bank were among the laggards.

Imports from Russia up 64% to $36.27 bn in Apr-Oct

Imports from Russia up 64% to $36.27 bn in Apr-Oct

Rediff.com15 Nov 2023

India's imports from Russia rose 64 per cent to $36.27 billion during the April-October period this fiscal on higher shipments of crude oil and fertiliser, according to the commerce ministry data. With this, Russia has become India's second-largest import source during the first seven months of this fiscal. The imports were $22.13 billion during April-October 2022.

Kirsten hopes to 'galvanise' Pak team to ICC trophies

Kirsten hopes to 'galvanise' Pak team to ICC trophies

Rediff.com29 Apr 2024

'I was offered the role to begin with...what is important is that I have the opportunity to work with some of the best cricketers in the world and that excites me.'

Easy opener for Djokovic as Australian Open draw out

Easy opener for Djokovic as Australian Open draw out

Rediff.com11 Jan 2024

Wild card Caroline Wozniacki, another former champion and returning mother, will play 20th seed Magda Linette.

Maruti India's gearshift to growth: Turbocharging the product portfolio

Maruti India's gearshift to growth: Turbocharging the product portfolio

Rediff.com1 Apr 2024

The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.

Arrest of Chanda Kochhar, husband was 'abuse of power by CBI'

Arrest of Chanda Kochhar, husband was 'abuse of power by CBI'

Rediff.com19 Feb 2024

The arrest of ICICI Bank's former Managing Director and Chief Executive Officer (CEO) Chanda Kochhar and her husband Deepak Kochhar by the Central Bureau of Investigation (CBI) in a loan fraud case was "without application of mind and due regard to the law", amounting to an "abuse of power", the Bombay high court has said. A division bench of Justices Anuja Prabhudessai and N R Borkar had on February 6 held the Kochhars' arrest as illegal and confirmed a January 2023 interim order passed by another bench granting them bail. In the order made available on Monday, the court said the CBI has been unable to demonstrate the existence of circumstances or supportive material based on which the decision to arrest was taken.

Samvat 2080 starts on a high; Sensex ends up 355 points

Samvat 2080 starts on a high; Sensex ends up 355 points

Rediff.com12 Nov 2023

Among the Sensex shares, Infosys rose the most by 1.37 per cent, followed by Larsen & Toubro (0.90 per cent), and Wipro (0.83 per cent). HDFC Bank, ICICI Bank, Reliance Industries, ITC, TCS, Kotak Bank, Asian Paints and Titan were among the lead gainers.

Asian Games: Shuttlers Srikanth, Satwik-Chirag march ahead

Asian Games: Shuttlers Srikanth, Satwik-Chirag march ahead

Rediff.com2 Oct 2023

In mixed doubles, K Sai Pratheek and Tanisha Crasto prevailed 21-18, 21-14 over Macau's Leong Iok Chong and Weng Chi NG to make a winning start.

Sensex, Nifty rally over 1% to hit lifetime highs

Sensex, Nifty rally over 1% to hit lifetime highs

Rediff.com14 Dec 2023

Among the Sensex firms, Tech Mahindra, HCL Technologies, Wipro, Infosys, Bajaj Finance, Tata Consultancy Services, Bajaj Finserv and ICICI Bank were the major gainers. Power Grid, Nestle, Asian Paints and Hindustan Unilever were among the laggards.

Mobile phones to cost less as govt cuts import duty

Mobile phones to cost less as govt cuts import duty

Rediff.com31 Jan 2024

A day ahead of the interim Budget, India slashed import duty on spare parts, like battery cover, lens and SIM socket, used in mobile phone manufacturing to 10 per cent, from 15 per cent. The duty cut is aimed at boosting local production and exports, as well as reducing prices in local markets. The finance ministry on January 30, notified the cut in duty on all goods for use in manufacture of cellular mobile phones to 10 per cent.

Plans afoot to develop Noida-like industrial city in UP's Bundelkhand

Plans afoot to develop Noida-like industrial city in UP's Bundelkhand

Rediff.com9 Jan 2024

Noida was conceived in the 1970s and went on to transform the Western UP's landscape for good. Akin to the New Okhla Industrial Development Authority (Noida), the Yogi Adityanath government has instituted the Bundelkhand Industrial Development Authority (BIDA) with its epicentre in Jhansi.

FPI lobby flags concerns on T+0 settlement cycle

FPI lobby flags concerns on T+0 settlement cycle

Rediff.com31 Jan 2024

Asia Securities Industry & Financial Markets Association (Asifma) has raised concerns about the Securities and Exchange Board of India (Sebi) proposal to introduce a T+0 settlement cycle. The industry association of top foreign portfolio investors (FPIs) has stated that this move could give rise to several issues, including the bifurcation of the market, liquidity fragmentation, and deterioration of market quality. In a discussion paper floated last month, Sebi has proposed a separate same-day settlement cycle that will run parallel to the existing T+1 cycle, where trades are settled the next day.

Cong, RLD not satisfied with offer made by Akhilesh

Cong, RLD not satisfied with offer made by Akhilesh

Rediff.com29 Jan 2024

The SP has offered 11 seats to the Congress and seven seats to the RLD for the upcoming parliamentary elections.

'What is Ashwin supposed to prove after 712 international wickets?'

'What is Ashwin supposed to prove after 712 international wickets?'

Rediff.com22 Aug 2023

Ghavri backed Ashwin for the upcoming World Cup, saying he will be vital in Indian conditions.

Defamation plea not maintainable: Dhoni tells court

Defamation plea not maintainable: Dhoni tells court

Rediff.com29 Jan 2024

Recently, Dhoni filed a criminal case against Diwakar and Das claiming they have allegedly duped him of around Rs 16 crore by not honouring a contract to establish cricket academies, according to his lawyer.

Not just a legal judgment but a beacon of hope: Modi on Art 370 ruling

Not just a legal judgment but a beacon of hope: Modi on Art 370 ruling

Rediff.com11 Dec 2023

Hailing the Supreme Court's verdict upholding the government's decision to abrogate Article 370 of the Constitution as "historic", Prime Minister Narendra Modi asserted on Monday that it is not just a legal judgment, but a "beacon of hope" and a testament to the collective resolve to build a stronger and more united India.

Sensex, Nifty plunge nearly 1% on weak global cues

Sensex, Nifty plunge nearly 1% on weak global cues

Rediff.com28 Sep 2023

Tech Mahindra was the biggest loser in the Sensex pack, slipping 4.59 per cent, followed by Asian Paints, Wipro, Kotak Mahindra Bank, Bajaj Finserv, Infosys, ITC, Mahindra & Mahindra, Hindustan Unilever, IndusInd Bank, Reliance Industries and JSW Steel. In contrast, Larsen & Toubro, Bharti Airtel, Power Grid and Axis Bank were among the gainers.

Setback for Chanda Kochhar as SC junks her plea for retirement benefits

Setback for Chanda Kochhar as SC junks her plea for retirement benefits

Rediff.com8 Dec 2023

The Supreme Court on Friday refused to entertain former ICICI bank managing director and CEO Chanda Kochhar's plea seeking retirement benefits from the bank. A bench of Justices Sanjiv Khanna and SVN Bhatti said, "Not a case for interference. We are not inclined to interfere with the high court order. "The special leave petition is dismissed." At the outset, senior advocate Harish Salve, appearing for Kochhar said the high court had dismissed the petition without any discussion or finding.

Rohit and Virat should open at T20 World Cup: Ganguly

Rohit and Virat should open at T20 World Cup: Ganguly

Rediff.com23 Apr 2024

For him, selection for T20 World Cup shouldn't be based on one IPL season.

RIL to invest additional Rs 20,000 cr in Bengal in 3 years: Mukesh Ambani

RIL to invest additional Rs 20,000 cr in Bengal in 3 years: Mukesh Ambani

Rediff.com21 Nov 2023

Reliance Industries chairman and MD Mukesh Ambani on Tuesday announced an additional Rs 20,000-crore investment for West Bengal over the next three years. Ambani said the fresh investment will be in the areas of digital life solutions, retail and bio-energy.

Bilkis convicts must never be set free again: Eyewitness

Bilkis convicts must never be set free again: Eyewitness

Rediff.com12 Jan 2024

'All the convicts must be either hanged for or they must be kept behind bars for the remainder of their lives. Only then justice will be served'

Sensex tumbles 796 points; Nifty closes below 20K

Sensex tumbles 796 points; Nifty closes below 20K

Rediff.com20 Sep 2023

Among the Sensex firms, HDFC Bank emerged as the biggest loser, falling 4 per cent. JSW Steel, Reliance Industries, UltraTech Cement, Maruti, Tata Steel, Wipro, Tech Mahindra, Bharti Airtel and Larsen & Toubro were the other major laggards. Power Grid, Asian Paints, Sun Pharma, Axis Bank, NTPC, ITC and Infosys were among the gainers.

Key infra sector growth slows to 4-month low of 8.1% in Sep

Key infra sector growth slows to 4-month low of 8.1% in Sep

Rediff.com31 Oct 2023

The growth of eight key infrastructure sectors slowed down to a 4-month low of 8.1 per cent in September 2023 against 8.3 per cent a year ago, according to the official data released on Tuesday. The growth rate in the output of refinery products, fertiliser, cement and electricity during the month under review has decelerated, while it was negative in the case of crude oil. The previous low was in May, when the growth rate of these sectors stood at 5.2 per cent.

Buying in index majors help Sensex gain 330 points

Buying in index majors help Sensex gain 330 points

Rediff.com30 Oct 2023

Among the Sensex firms, UltraTech Cement, Reliance Industries, ICICI Bank, HDFC Bank, Bharti Airtel, IndusInd Bank, State Bank of India, Tata Consultancy Services, Larsen & Toubro, Kotak Mahindra Bank and State Bank of India were the major gainers. In contrast, Tata Motors, Maruti, Axis Bank, Mahindra & Mahindra, ITC, NTPC, Tata Steel and Bajaj Finserv were the major laggards.

Delhi LG okays Arundhati's Roy's prosecution in 'provocative speech' case

Delhi LG okays Arundhati's Roy's prosecution in 'provocative speech' case

Rediff.com10 Oct 2023

Delhi Lt Governor V K Saxena has accorded sanction for the prosecution of author Arundhati Roy and a former Kashmiri professor in a 2010 case related to alleged provocative speeches, Raj Niwas officials said on Tuesday.

Weightlifting Worlds: Shubham 'satisfied with total', Mirabai withdraws after weigh-in

Weightlifting Worlds: Shubham 'satisfied with total', Mirabai withdraws after weigh-in

Rediff.com5 Sep 2023

The 2023 World Championships is one of the two compulsory qualifying events for the Paris Olympics.

Cummins to lead as Maxwell, Smith return for India ODIs

Cummins to lead as Maxwell, Smith return for India ODIs

Rediff.com17 Sep 2023

Matthew Short has also been called up as an extra batter while Travis Head recovers from a fracture to his left hand.

I can breathe again: Bilkis Bano reacts to SC verdict

I can breathe again: Bilkis Bano reacts to SC verdict

Rediff.com8 Jan 2024

In a statement issued through her lawyer Shobha Gupta, Bano thanked the top court for the verdict and said, "Today is truly the New Year for me." "I have wept tears of relief. I have smiled for the first time in over a year and half. I have hugged my children. It feels like a stone the size of a mountain has been lifted from my chest, and I can breathe again," Bano said.

Several unauthorised entities stopped from giving PAN card services

Several unauthorised entities stopped from giving PAN card services

Rediff.com18 Jan 2024

The Bombay high court has passed an ex-parte interim order restraining several entities from operating websites etc claiming to provide PAN card services on behalf of the government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) and noted such an act poses a "national level threat". A single bench of Justice Bharati Dangre, in its order of January 12, said the Union government has made it mandatory for PAN card holders to link the same to their Aadhar Card, which is an acceptable proof of identification. Therefore, any potential misuse of the licence/ authorization to issue PAN cards would be highly detrimental not only to the interest of the company but also to national interest, the HC said.

No question hour, private members' business in special Parliament session

No question hour, private members' business in special Parliament session

Rediff.com2 Sep 2023

A session of both Houses of Parliament will be held from September 18-22 without Question Hour or private members' business, the Lok Sabha and the Rajya Sabha secretariats said on Saturday.

'There was no evidence, no crime committed by him'

'There was no evidence, no crime committed by him'

Rediff.com5 Mar 2024

Despite being 90% handicapped, suffering from multiple ailments and dependent on a wheelchair, the former Delhi University professor has not been able to step out of the anda cell of the Nagpur Jail at all since his conviction.

Markets tumble nearly 1%; Sensex tanks 523 points

Markets tumble nearly 1%; Sensex tanks 523 points

Rediff.com25 Oct 2023

Among the Sensex firms, Infosys, Bharti Airtel, NTPC, Tata Motors, IndusInd Bank, Bajaj Finance, ICICI Bank, Tech Mahindra, Titan and Axis Bank were among the major laggards. Tata Steel, State Bank of India, Mahindra & Mahindra, Maruti and Nestle were the gainers.