News for 'trader'

Right Time To Invest In Silver ETFs?

Right Time To Invest In Silver ETFs?

Rediff.com29 Oct 2024

Invest with a 5 to 7 year horizon so that you are able to ride out price volatility and benefit from the long-term trends of demand and macroeconomic shifts.

How To Curb Speculation In F&Os

How To Curb Speculation In F&Os

Rediff.com13 Jul 2024

'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.

'Zepto Is India's Fastest-Growing Internet Company'

'Zepto Is India's Fastest-Growing Internet Company'

Rediff.com2 Dec 2024

'Domestic investors are opening up to the idea of high-growth Internet companies as a pool of value creation.' 'They like the execution that they see with Zepto, and for us, that is the most important factor.'

Govt sells onion at Rs 35/kg in Delhi-NCR, Mumbai

Govt sells onion at Rs 35/kg in Delhi-NCR, Mumbai

Rediff.com5 Sep 2024

The Centre on Thursday began the first phase of retail sales of onion at a subsidised rate of Rs 35 per kg to provide relief to Delhi-NCR and Mumbai consumers from rising prices of the kitchen staple. NCCF and NAFED, which are maintaining a buffer stock of 4.7 lakh tonne onion on behalf of the government, will undertake the retail sale through their own stores and mobile vans. Onion will be sold at 38 retail points in Delhi-NCR and Parel and Malad in Mumbai.

Uzbekistan: Land Of Arabian Nights

Uzbekistan: Land Of Arabian Nights

Rediff.com20 Dec 2024

Uzbekistan lives comfortably in several centuries but is also a forward-looking nation, Deepa Gahlot discovers on a visit to this Central Asian country.

Sensex gains 102 points in range-bound trade

Sensex gains 102 points in range-bound trade

Rediff.com21 Aug 2024

Among the Sensex firms, Titan, Asian Paints, ITC, Hindustan Unilever, Nestle India, Bajaj Finserv and Bharti Airtel were among the gainers. In contrast, UltraTech Cement, Tech Mahindra, Tata Steel, Power Grid, HDFC Bank, HCL Technology, State Bank of India and ICICI Bank were the laggards.

IT stocks push Sensex by 74 points; Nifty hits lifetime high

IT stocks push Sensex by 74 points; Nifty hits lifetime high

Rediff.com28 Aug 2024

Among the 30 Sensex firms, Bharti Airtel, Infosys, IndusInd Bank, Sun Pharma, Tech Mahindra, Mahindra & Mahindra, Bajaj Finance and JSW Steel were the biggest gainers. Asian Paints, Maruti, Nestle, Kotak Mahindra Bank, Axis Bank and UltraTech Cement were among the laggards.

Traders appeal to celebs to stop endorsing Chinese brands

Traders appeal to celebs to stop endorsing Chinese brands

Rediff.com18 Jun 2020

In an open letter, the Confederation of All India Traders has appealed to Aamir Khan, Deepika Padukone, Katrina Kaif, Virat Kohli and others to stop endorsing Chinese products. It has also invited Amitabh Bachchan, Akshay Kumar, Shilpa Shetty, Madhuri Dixit, Mahendra Singh Dhoni, Sachin Tendulkar and others to join the campaign to boycott Chinese products under its flagship national movement 'Bharatiya Saaman-Hamara Abhiman'.

Want to become ace stock market trader?

Want to become ace stock market trader?

Rediff.com25 Feb 2019

To become an algorithmic trader, you need three things: Knowledge of financial markets, quantitative skills, and coding skills, suggests Nitesh Khandelwal.

How the markets will fare this week

How the markets will fare this week

Rediff.com18 Aug 2024

With the earnings season drawing to a close, stock markets will take cues from global trends and foreign investors' trading activity this week, analysts said. The US FOMC (Federal Open Market Committee) minutes will be the major highlight this week, experts said. "This week, there are fewer cues on the macro and micro fronts, as the Q1 earnings season has concluded.

Dhanteras: The Festival Of Wealth

Dhanteras: The Festival Of Wealth

Rediff.com29 Oct 2024

Dhanatrayodashi is called Dhanteras and its twinkling lights set the mood of India's greatest and most popular festival -- Diwali, the festival of lights.

Regulator asks traders to stock 55 ICU drugs

Regulator asks traders to stock 55 ICU drugs

Rediff.com18 Apr 2020

This is apart from the requirement to stock hydroxychloroquine (200 mg) and Azithromycin (500 mg) tablets for patients requiring ICU management, asymptomatic healthcare workers and asymptomatic household contacts of positive cases.

Sensex, Nifty rise on buying in banking stocks

Sensex, Nifty rise on buying in banking stocks

Rediff.com10 Oct 2024

Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.

Should we now wear name tags too, asks BJP ally on Kanwar order

Should we now wear name tags too, asks BJP ally on Kanwar order

Rediff.com21 Jul 2024

'It seems that the order was taken without much thought and the government is adamant on it because the decision has been taken'

FX derivatives mkt in a fix before new RBI rules

FX derivatives mkt in a fix before new RBI rules

Rediff.com11 Apr 2024

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve Bank of India (RBI) rules, casting a cloud over further participation of retail investors and proprietary traders. There are concerns that existing positions without any underlying exposure will need to be liquidated. Also, weighed down by dollar demand from local oil companies and weakness in its Asian peers, the rupee on Wednesday (April 3) ended at a new closing low of 83.44 versus the US currency.

Securities transaction tax on F&O hiked from October 1

Securities transaction tax on F&O hiked from October 1

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday said the securities transaction tax (STT) will be increased on futures and options (F&O) trade from October 1 to discourage retail investors from investing in the risky instrument.

Wife of man shot dead while returning home sues Sheikh Hasina

Wife of man shot dead while returning home sues Sheikh Hasina

Rediff.com19 Aug 2024

A new murder case has been filed against Bangladesh's deposed prime minister Sheikh Hasina and 62 others, including ex-ministers of her cabinet, over the death of a fish trader during the quota reform protests in the country, a media report said on Monday.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

BSE hoists the sails for Sensex's 'offshore' voyage

BSE hoists the sails for Sensex's 'offshore' voyage

Rediff.com16 Sep 2024

Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.

How DAP Targets Honest Taxpayers, Misses Evaders

How DAP Targets Honest Taxpayers, Misses Evaders

Rediff.com4 Oct 2024

DAP does not consider past I-T returns to match a taxpayer's resources with their expenditures or investments, points out Harsh Roongta.

Gold imports doubled to record high of $10.06 bn in August

Gold imports doubled to record high of $10.06 bn in August

Rediff.com17 Sep 2024

Gold imports more than doubled in August to a record high of $10.06 billion, mainly on account of a drastic cut in customs duty and ongoing festive demand, according to the Commerce Ministry data. Gold imports stood at $4.93 billion in August 2023. On record high imports, Commerce Secretary Sunil Barthwal said that the tariff rates on gold have been reduced drastically so that smuggling and other activities can come down.

BSE now corners a fifth of derivatives market share

BSE now corners a fifth of derivatives market share

Rediff.com9 May 2024

BSE (formerly Bombay Stock Exchange) has seen its market share go past the critical 20 per cent mark in the derivatives segment, intensifying its battle with bigger rival - the National Stock Exchange (NSE) - which, less than a year ago, had a monopoly in this space. In April, the average daily trading volume (ADTV) for BSE stood at Rs 89 trillion, accounting for 20.6 per cent of the overall ADTV of Rs 432 trillion (based on notional volumes for options).

CBI searches RG Kar ex-principal's premises over financial irregularities

CBI searches RG Kar ex-principal's premises over financial irregularities

Rediff.com25 Aug 2024

The anti-corruption unit of the Central Bureau of Investigation also searched the residences and offices of those engaged in supplying materials for the management and care of patients.

The Great Indian Wedding Season

The Great Indian Wedding Season

Rediff.com4 Oct 2024

With November 22, 23 and 24 being among the most auspicious dates for marriage this year, hotels across the country are all booked, as are wedding-related ancillary services.

Tomato price volatility exposes gaps in India's agriculture supply chain

Tomato price volatility exposes gaps in India's agriculture supply chain

Rediff.com26 Oct 2024

Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.

Markets @ record high on buying in IT stocks

Markets @ record high on buying in IT stocks

Rediff.com12 Jul 2024

Among the Sensex pack, Tata Consultancy Services climbed nearly 7 per cent after the country's largest IT services player reported 8.7 per cent growth for the June quarter net profit at Rs 12,040 crore. Infosys, HCL Technologies, Tech Mahindra, Axis Bank, Reliance Industries, JSW Steel, Bajaj Finance and Larsen & Toubro were the other major gainers. Maruti, Asian Paints, Titan, Kotak Mahindra Bank, Bharti Airtel and ICICI Bank were among the laggards.

Online vs offline retail: Industry divided over Piyush Goyal's comments

Online vs offline retail: Industry divided over Piyush Goyal's comments

Rediff.com22 Aug 2024

Union Minister of Commerce and Industry Piyush Goyal's recent comments on large e-commerce players have reignited the debate about their impact on smaller offline retailers. On Wednesday, Goyal said that the rapid growth of e-commerce in India is a "cause for concern" and is diminishing the market share of small, mom-and-pop stores by offering high-margin products such as consumer electronics and apparel at discounted rates.

Sebi's six-step plan may shake up F&O volumes

Sebi's six-step plan may shake up F&O volumes

Rediff.com3 Oct 2024

The Securities and Exchange Board of India's (Sebi's) six-step plan to curb retail participation in speculative index derivatives may lead to a substantial drop in volumes - potentially by 30-40 per cent. These measures aim to reduce excessive speculation in the futures and options (F&O) segment, where daily turnover often exceeds Rs 500 trillion and retail investors end up on the losing side of the trade more often. Sebi has decided to increase the contract size from Rs 5 lakh to Rs 15 lakh, raising margin requirements and mandating the upfront collection of option premiums from buyers.

Traders' body seeks to ban Amazon's e-com biz in India

Traders' body seeks to ban Amazon's e-com biz in India

Rediff.com18 Feb 2021

Traders' body CAIT on Thursday urged the government to impose a ban on Amazon's e-commerce portal and its operations in India, accusing the global e-tailing giant of indulging in predatory pricing, deep discounting and inventory control. Addressing a press conference, CAIT secretary-general Praveen Khandelwal demanded an "immediate ban on Amazon's portal and its operations in India" and an investigation against the company in a time-bound manner. He also urged the government to probe the business practices of Amazon and Flipkart. However, responding to the allegations, both Amazon and Flipkart said they remain compliant with Indian laws.

BSE, NSE caution traders against unsolicited messages

BSE, NSE caution traders against unsolicited messages

Rediff.com21 Aug 2020

The exchanges said they are in the process of ascertaining the veracity or genuineness of such e-mails.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com25 Aug 2024

Release of key macroeconomic numbers, monthly derivatives expiry, and global cues are likely to drive stock market movement this week, according to analysts. Markets will also be reacting to remarks made by the US Federal Reserve Chair Jerome Powell, they said. "This week, we expect the market to witness a gradual up-move with stock-specific action.

Why Banks' Liquidity Will Go Into Deficit Mode

Why Banks' Liquidity Will Go Into Deficit Mode

Rediff.com16 Sep 2024

The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.

Govt allows onion exports to Bangladesh, Mauritius, Bahrain, Bhutan

Govt allows onion exports to Bangladesh, Mauritius, Bahrain, Bhutan

Rediff.com22 Feb 2024

The government on Thursday permitted traders to export 54,760 tonnes of onion to Bangladesh, Mauritius, Bahrain and Bhutan till March 31. "We have allowed export of 50,000 tonnes of onion to Bangladesh, 1,200 tonnes to Mauritius, 3,000 tonnes of Bahrain and 560 tonnes to Bhutan with immediate effect," consumer affairs secretary Rohit Kumar Singh told PTI.

Non-basmati rice bore the brunt of export curbs imposed in 2023

Non-basmati rice bore the brunt of export curbs imposed in 2023

Rediff.com18 Jul 2024

As a panel of senior ministers deliberates on the need to review curbs on exports of some rice varieties, data shows that since outbound shipments saw restrictions in July-August last year, the non-basmati segment has suffered more than basmati exports. Sources said the panel is expected to soon deliberate on a few suggestions to ease the export curbs on some rice varieties due to higher-than-required stocks in the central pool. The panel, some observers feel, may also postpone the decision to ease the export curbs till a firm picture emerges on the latest kharif paddy sowing.

World's biggest rogue traders

World's biggest rogue traders

Rediff.com30 Apr 2015

A common factor that binds all these men is greed.

Hijab verdict: Section of Muslim traders observe bandh in K'taka

Hijab verdict: Section of Muslim traders observe bandh in K'taka

Rediff.com17 Mar 2022

The impact of the bandh called by Ameer-E-Shariat Maulana Sagir Ahmad Khan Rashadi, was visible in areas with predominantly Muslim population in cities across the state, where shops, eateries and restaurants were shut till evening.

Women Outnumbered In Bank Accounts!

Women Outnumbered In Bank Accounts!

Rediff.com17 Aug 2024

As of March 2023, the share of accounts belonging to women stood at 36.4 per cent (917.7 million) of the total 2.52 billion individual accounts.

Algo traders find relief as volumes stabilise

Algo traders find relief as volumes stabilise

Rediff.com28 May 2020

The volume of shares traded in the stock market had fallen 28 per cent in April. Turnover, or the value of securities changing hands, fell 12.6 per cent. This trend of falling volumes seems to have stabilised in May.

Markets tumble on profit booking; Sensex sinks 427 points

Markets tumble on profit booking; Sensex sinks 427 points

Rediff.com10 Jul 2024

In the Sensex pack, Mahindra & Mahindra tanked over 6 per cent after the company cut the prices of its SUV models to boost demand. Mahindra & Mahindra said its XUV700's fully-loaded AX7 range now starts at Rs 19.49 lakh, a price cut of over Rs 2 lakh. Tata Steel, Tata Consultancy Services, HCL Technologies, State Bank of India, JSW Steel, Tata Motors and Kotak Mahindra Bank were other losers.

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.