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Markets fall dragged by IT stocks, foreign fund outflows

Markets fall dragged by IT stocks, foreign fund outflows

Rediff.com25 Jan 2024

Among Sensex shares, Tech Mahindra fell by over 6 per cent after the company reported a 60 per cent decline in net profit to Rs 510.4 crore in the December quarter. Bharti Airtel, ITC, HCL Technologies, Asian Paints, Wipro, HDFC Bank, Nestle, Tata Steel, Tata Consultancy Services and Maruti were among the other major laggards. NTPC, ICICI Bank, IndusInd Bank, Reliance Industries, JSW Steel, Bajaj Finance, Bajaj Finserv and Mahindra & Mahindra were among the gainers.

FIFA Drops Schedule for 2026 WC: See Who Plays Where

FIFA Drops Schedule for 2026 WC: See Who Plays Where

Rediff.com5 Feb 2024

New Jersey awarded 2026 World Cup final, Mexico gets opener

Myanmar military plane crashes at Mizoram airport, 8 injured

Myanmar military plane crashes at Mizoram airport, 8 injured

Rediff.com23 Jan 2024

Of the 14 people aboard the plane, including the pilot, eight sustained minor injuries and were treated in a local health centre.

Australia's Road to U19 World Cup final!

Australia's Road to U19 World Cup final!

Rediff.com10 Feb 2024

India and Australia will battle it out for supremacy in the ICC U19 Men's Cricket World Cup final on Sunday in Benoni. Check out Australia's road to final.

Tax devolution to states seen at 32%, but lags 15th FC advice

Tax devolution to states seen at 32%, but lags 15th FC advice

Rediff.com2 Feb 2024

The Union government is projected to share about 32 per cent of central taxes with states during the financial year 2024-25 against the 15th Finance Commission's recommendation of 41 per cent. The Revised Estimates (RE) for FY24, too, show a similar share of states in the central taxes at 32 per cent. In absolute terms, however, there has been an increase in the amount devolved to states compared to the Budget Estimates (BE) for FY24 at Rs 11 trillion.

Air India crew member shot dead by bike-borne men in UP's Noida

Air India crew member shot dead by bike-borne men in UP's Noida

Rediff.com20 Jan 2024

The assailants soon arrived at the spot and one of them opened fire in the air while another shot at Mann.

India's Game-Changers In Vizag!

India's Game-Changers In Vizag!

Rediff.com6 Feb 2024

Young turks Yashasvi Jaiswal and Shubman Gill made the difference with the bat, while Jasprit Bumrah was devastating with the ball.

Rajkot Test: Will India Bring In Jadeja And Jurel?

Rajkot Test: Will India Bring In Jadeja And Jurel?

Rediff.com13 Feb 2024

Who do you think should be part of India's playing XI for the third Test against England?

Domestic pharma market grew by 6.8% in 2023

Domestic pharma market grew by 6.8% in 2023

Rediff.com22 Jan 2024

The Indian pharmaceutical market (IPM) grew 6.8 per cent to touch a turnover of ~1.93 trillion in calendar year 2023, despite volumes going down marginally by 0.9 per cent. This indicates the price increase has been the major growth driver. Growth in the moving annual turnover (the previous 12 months' turnover) in December was 5.1 per cent and that in new product introduction 2.6 per cent, while volumes dipped 0.9 per cent, leading to an overall growth rate of 6.8 per cent, according to the data from market research firm Pharmatrac.

Ranji Trophy: Mohit Avasthi takes 7/52 as Mumbai crush Bengal

Ranji Trophy: Mohit Avasthi takes 7/52 as Mumbai crush Bengal

Rediff.com4 Feb 2024

Mohit Avasthi ran through the Bengal batting lineup, grabbing seven wickets for 52 runs as Mumbai stormed to an innings and four-run win with a bonus point in their Ranji Trophy Group B match in Kolkata on Sunday.

2nd Test, PIX: Gill century leaves England chasing record target

2nd Test, PIX: Gill century leaves England chasing record target

Rediff.com4 Feb 2024

Images from Day 3 of the second Test between India and England in Visakhapatnam on Sunday.

Ranji Round-up: UP hold nerves to pip Mumbai; Delhi register first win

Ranji Round-up: UP hold nerves to pip Mumbai; Delhi register first win

Rediff.com29 Jan 2024

The efforts of Aryan Juyal (76) and Karan Sharma (67) stood out as Uttar Pradesh held nerves to beat 41-times champions and hosts Mumbai by two wickets in a Ranji Trophy match on Monday.

Who Will Replace Jadeja, Rahul?

Who Will Replace Jadeja, Rahul?

Rediff.com31 Jan 2024

Who do you think should be part of India's playing XI for the second Test against England?

Indians Back To Spending At Pre-Covid Levels, But...

Indians Back To Spending At Pre-Covid Levels, But...

Rediff.com15 Jan 2024

Lower income groups earning less than Rs 100,000 a year are yet to recover as are those earning between Rs 100,000 and Rs 200,000.

PIX: Pope defies India with gritty ton as England reach 316/6 on Day 3

PIX: Pope defies India with gritty ton as England reach 316/6 on Day 3

Rediff.com27 Jan 2024

Images from Day 3 of the first Test between India and England in Hyderabad on Saturday.

Zverev, Siegemund lead Germany to United Cup victory

Zverev, Siegemund lead Germany to United Cup victory

Rediff.com7 Jan 2024

Germany complete comeback to beat Poland and lift United Cup

Venkaiah Naidu, Vyjayantimala, Chiranjeevi awarded Padma Vibhushan

Venkaiah Naidu, Vyjayantimala, Chiranjeevi awarded Padma Vibhushan

Rediff.com26 Jan 2024

The home ministry on Thursday announced the Padma awards which included five Padma Bhushan, 17 Padma Bhushan and 110 Padma Shri.

How Dean Elgar spoiled India's party

How Dean Elgar spoiled India's party

Rediff.com5 Jan 2024

Former Indian cricketer Sanjay Manjrekar said following India's series draw with South Africa, that the hosts were the most "beatable team" and 185 by opener Dean Elgar in the first Centurion Test prevented India from creating history.

Indian institutions' semiconductor design curricula draws flak

Indian institutions' semiconductor design curricula draws flak

Rediff.com11 Jan 2024

Over 100 Indian institutions offer semiconductor design curricula, but hardly any of them focuses on manufacturing and process technology, a top official from global memory and storage major Micron Technology said on Thursday. There is significant global demand for such chip engineers, its president and chief executive Sanjay Mehrotra said at the 10th Vibrant Gujarat Global Summit in Gandhinagar. "While more than 100 Indian institutions provide a semiconductor design curriculum, hardly any focus on semiconductor manufacturing and process technology.

Investors become richer by Rs 3.24 lakh cr as markets rally

Investors become richer by Rs 3.24 lakh cr as markets rally

Rediff.com4 Jan 2024

Investors' wealth grew by Rs 3.24 lakh crore on Thursday as the BSE Sensex jumped nearly 1 per cent after a two-day slide. The 30-share BSE Sensex jumped 490.97 points or 0.69 per cent to settle at 71,847.57. During the day, it rallied 598.19 points or 0.83 per cent to 71,954.79.

Got exiled while waiting for coronation: Shivraj drops hint

Got exiled while waiting for coronation: Shivraj drops hint

Rediff.com3 Jan 2024

Chouhan got emotional and said he will continue to be among the people, especially his sisters.

Ranji Trophy: Jadeja powers Saurashtra to big win

Ranji Trophy: Jadeja powers Saurashtra to big win

Rediff.com12 Feb 2024

Dharmendrasinh Jadeja took 7/32 as Saurashtra thrashed Rajasthan by 218 runs.

Advani: Ram Temple's Accidental Architect

Advani: Ram Temple's Accidental Architect

Rediff.com19 Jan 2024

As the temple is inaugurated, unfortunately for Advani but unsurprisingly for the rest of us, the architect of the party's rise will not lead the ceremony and claim credit for his achievement, notes Aakar Patel.

Ranji Trophy: Jackson, bowlers put Saurashtra in control

Ranji Trophy: Jackson, bowlers put Saurashtra in control

Rediff.com10 Feb 2024

Saurashtra's middle-order batter Sheldon Jackson followed in senior teammate Cheteshwar Pujara's footsteps, completing his century on day two of their Ranji Trophy Group A tie against Rajasthan to guide the defending champions to a 300-plus total in Jaipur on Saturday.

No Political Country For Young People

No Political Country For Young People

Rediff.com23 Dec 2023

While 67 per cent of India's population is 39 years old or younger, states are governed by chief ministers who are 70 or older.

Darjeeling tea hits 8-yr low in auctions

Darjeeling tea hits 8-yr low in auctions

Rediff.com5 Jan 2024

Geopolitical headwinds leading to lower demand from export markets, coupled with lower domestic buying, have dragged the auction average of Darjeeling tea to its lowest level since 2015. Data from Calcutta Tea Traders Association (CTTA) shows that the average price of Darjeeling tea at Kolkata auctions for January-December 2023 was Rs 319.74 per kg. The last time it dipped below this level was in 2015 at Rs 285.71 per kg.

Ranji Trophy: Pujara fails but Saurashtra poised for win; UP in command

Ranji Trophy: Pujara fails but Saurashtra poised for win; UP in command

Rediff.com3 Feb 2024

With more than a 100 runs still to get, it would be an uphill task for Maharashtra to turn the match around on Day 3.

Sensex rebounds 358 pts on buying in HDFC Bank, RIL

Sensex rebounds 358 pts on buying in HDFC Bank, RIL

Rediff.com21 Dec 2023

Among the Sensex firms, Power Grid, HDFC Bank, Kotak Mahindra Bank, Reliance Industries, NTPC, State Bank of India, Tata Steel and Bharti Airtel were the major gainers. Bajaj Finance, Axis Bank, HCL Tech and Mahindra & Mahindra were among the major laggards.

Ranji: Dube's blitz, Shaw's comeback and Mumbai's dominance

Ranji: Dube's blitz, Shaw's comeback and Mumbai's dominance

Rediff.com2 Feb 2024

Shivam Dube continued his recent streak of form with a counter-attacking fifty that proved to be the cornerstone of Mumbai's excellent 330 for six against Bengal

Sensex, Nifty back in green; FMCG, oil shares rule

Sensex, Nifty back in green; FMCG, oil shares rule

Rediff.com19 Dec 2023

Among the Sensex firms, Nestle rose the most by 4.66 per cent. NTPC rose by 2.16 per cent, Reliance Industries by 1.53 per cent, State Bank of India by 1.04 per cent and Hindustan Unilever by 1.03 per cent. ITC, Power Grid and Bajaj Finance were the major gainers. Wipro, Tata Consultancy Services, HCL Technologies, Tata Steel, Bajaj Finserv and Maruti were among the laggards.

Last 3-4 months were challenging for me mentally: Samson

Last 3-4 months were challenging for me mentally: Samson

Rediff.com22 Dec 2023

Sanju Samson was overlooked for the ODI World Cup despite averaging 55.7 with a strike rate of 104 in 13 ODI innings.

Driven by AI, Micron sees robust chip demand

Driven by AI, Micron sees robust chip demand

Rediff.com15 Dec 2023

US-based chipmaker Micron Technology is expecting demand for semiconductors to rise significantly in the next few years, globally and in India, as memory consumption is going up, largely driven by the widespread adoption of technologies like artificial intelligence (AI). "Memory consumption is expected to double by the end of the decade and the biggest driver in this is AI. "While it's natural to talk about compute and GPUs (graphics processing units) in the context of AI, it is not to be forgotten that the true enabler for AI is memory ... in all the AI engines that we talk about, there is a lot of need to access memory quickly," Anand Ramamoorthy, managing director, Micron Technology India, told Business Standard.

Ranji Trophy round-up: Dube's century rallies Mumbai

Ranji Trophy round-up: Dube's century rallies Mumbai

Rediff.com28 Jan 2024

A belligerent century from India all-rounder Shivam Dube brought Mumbai back into the contest against Uttar Pradesh.

Ranji: Jagadeesan's triple ton, Tiwary's ton dominate the day

Ranji: Jagadeesan's triple ton, Tiwary's ton dominate the day

Rediff.com27 Jan 2024

Narayan Jagadeesan followed up his double ton in the previous game with a magnificent triple century to help Tamil Nadu declare their first innings

Industrial production growth rises to 16-month high of 11.7% in Oct

Industrial production growth rises to 16-month high of 11.7% in Oct

Rediff.com12 Dec 2023

India's industrial production growth accelerated to 16-month high of 11.7 per cent in October, mainly due to double-digit growth in manufacturing, power and mining sectors' output, according to the official data released on Tuesday. The factory output growth measured in terms of the Index of Industrial Production (IIP) had contracted by 4.1 per cent in October 2022. The previous high of IIP growth was recorded at 12.6 per cent in June 2022.

Ranji: Jagadeesan's 2nd season-ton helps Tamil Nadu

Ranji: Jagadeesan's 2nd season-ton helps Tamil Nadu

Rediff.com26 Jan 2024

Opener Shubham Rohilla struck his fourth first-class hundred to take Services to 279 for 4 against defending champions Saurashtra

Guess How Many Crores Shah Rukh Khan Made?

Guess How Many Crores Shah Rukh Khan Made?

Rediff.com4 Jan 2024

Shah Rukh will singlehandedly contribute Rs 1,400 crore (Rs 14 billion) at the box office.

'I accept I made a wrong gesture'

'I accept I made a wrong gesture'

Rediff.com9 Dec 2023

He also reacted to some media reports after the incident and said his reacting to a particular name were not true.

Women's Test: Deepti, Pooja put India in box seat against Australia

Women's Test: Deepti, Pooja put India in box seat against Australia

Rediff.com22 Dec 2023

Smriti Mandhana hit a fluent half-century as India continued to hold the upper-hand against Australia, on Day 2 of the one-off Test.

After 4 months, forex reserves once again above $600 bn

After 4 months, forex reserves once again above $600 bn

Rediff.com8 Dec 2023

India's foreign exchange reserves increased to $604 billion as on December 1, surpassing the $600 billion mark after a gap of about four months. The forex reserves were last above the $600 billion mark on August 11 this year. "India's foreign exchange reserves stood at $604 billion as on December 1, 2023.