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Economic Challenges In Poll-bound States

Economic Challenges In Poll-bound States

Rediff.com26 Oct 2023

The next government in these states may find it tough to push economic growth through long-term reforms, which would be necessary.

Improving signals for Avenue Supermarts with strong Ebitda, PBT growth

Improving signals for Avenue Supermarts with strong Ebitda, PBT growth

Rediff.com25 Oct 2023

Avenue Supermarts, the operator of DMart retail chain, reported good results for the July-September quarter (Q2FY24) with strong earnings before interest before interest, taxes and depreciation (Ebitda) and profit before tax (PBT) growth, but lower PAT due to higher tax incidence. The operating margin improved, and like-to-like store sales growth was strong. Average bill value also increased though this may be a seasonal effect to some extent. Analysts are assuming this means the slowdown in retail may have bottomed out.

HC dismisses Sanjay Singh's plea against arrest

HC dismisses Sanjay Singh's plea against arrest

Rediff.com20 Oct 2023

The Delhi high court on Friday refused to interfere with the 'malicious' arrest of Aam Aadmi Party leader Sanjay Singh by the Enforcement Directorate in a money laundering case related to the now-scrapped excise policy of the Delhi government, saying it cannot impute political motive to a 'premier' investigating agency in the absence of material on record. It also said Singh's was not a 'prima facie case of no evidence at all'.

Excise policy case: SC reserves verdict on Sisodia's bail pleas

Excise policy case: SC reserves verdict on Sisodia's bail pleas

Rediff.com17 Oct 2023

A bench of Justices Sanjiv Khanna and SVN Bhatti, which reserved its verdict on two separate regular bail pleas of Sisodia in the corruption and money laundering cases, told the ED it cannot go by the assumption of bribe having been paid, and whatever protection an accused enjoys under law needs to be granted.

Excise policy: Can't keep Sisodia in jail indefinitely, SC tells CBI and ED

Excise policy: Can't keep Sisodia in jail indefinitely, SC tells CBI and ED

Rediff.com16 Oct 2023

A bench of Justices Sanjiv Khanna and SVN Bhatti asked additional Solicitor General SV Raju, appearing for the two probe agencies, when will the arguments on charges against Sisodia commence in the trial court.

Delhi HC seeks ED's reply on Sanjay Singh's plea

Delhi HC seeks ED's reply on Sanjay Singh's plea

Rediff.com13 Oct 2023

The Delhi high court on Friday sought the Enforcement Directorate's stand on a plea by Aam Aadmi Party leader Sanjay Singh against his arrest in a money laundering case related to alleged irregularities in the now-scrapped Delhi excise policy.

Mukesh Ambani is once again India's richest on Forbes list

Mukesh Ambani is once again India's richest on Forbes list

Rediff.com12 Oct 2023

Mukesh Ambani has reclaimed the top position on the 2023 Forbes list of India's 100 Richest with a net worth of $92 billion. The fortune of infrastructure magnate Gautam Adani, who rose meteorically to overtake Ambani as India's richest person for the first time last year, has slipped to the second position. Adani's net worth, which includes that of his family, fell by a whopping $82 billion to $68 billion, after a report by US short-seller Hindenburg Research in January sent his group's shares tumbling.

Asiad medal winners the GOAT for the country: Modi

Asiad medal winners the GOAT for the country: Modi

Rediff.com10 Oct 2023

Prime Minister Narendra Modi assured all possible help to Indian athletes in their endeavour to achieve greater heights and expressed confidence that the country will better its Hangzhou performance in the next edition of the Asian Games.

2024 Polls And Rise Of YouTuber Mantris

2024 Polls And Rise Of YouTuber Mantris

Rediff.com9 Oct 2023

Like, Share, Subscribe, Vote: The 2024 polls may be dubbed 'YouTube election'.

Strong growth prospects for the affordable housing finance sector

Strong growth prospects for the affordable housing finance sector

Rediff.com6 Oct 2023

The affordable housing segment may be seeing an uptick which is a good sign of consumption momentum. This is the biggest-ticket purchase for middle income and lower income families. The current activity is at least partly driven by a pause in interest rate hikes.

Kota: From Coaching Hub To Suicide Cluster

Kota: From Coaching Hub To Suicide Cluster

Rediff.com6 Oct 2023

25 student suicides in 2023 at India's coaching hub Kota have revealed the mindboggling stress children confront every day, reports Prakash Bhandari.

To My Mother, A Teacher Who Inspired

To My Mother, A Teacher Who Inspired

Rediff.com5 Oct 2023

Rakesh Ranjan reveals how his mother Samita Ghosh braved difficult odds to teach students in a small school in Bihar.

Delhi excise case: ED arrests AAP's Sanjay Singh following searches

Delhi excise case: ED arrests AAP's Sanjay Singh following searches

Rediff.com4 Oct 2023

This comes after the agency conducted searches at his residence earlier in the day in connection with the case.

Infosys partners with Microsoft to accelerate adoption of GenAI

Infosys partners with Microsoft to accelerate adoption of GenAI

Rediff.com27 Sep 2023

Infosys said on Tuesday it is collaborating with Microsoft to jointly develop industry solutions that leverage Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services. Both organisations are bringing together their respective artificial intelligence (AI) capabilities to enhance enterprise functions with AI-enabled solutions across multiple industries. The integrated solutions are aimed at accelerating the rapid democratisation of data and intelligence that will help businesses increase productivity and drive new revenue growth.

'Coaching industry is toxic'

'Coaching industry is toxic'

Rediff.com22 Sep 2023

'Looking back, there is every chance that I would not have opted for Kota.'' 'The biggest flaw is that your personality gets blocked.' 'It took me two years to get back to 'being human' again.'

Memories Of Parliament House As It Passes Into History

Memories Of Parliament House As It Passes Into History

Rediff.com18 Sep 2023

At this poignant historic moment one can only wish that institutions are not built by bricks and mortars, but also by the rich Parliamentary traditions which have stood the test of time which needs to be strengthened by all stakeholders, notes Rup Narayan Das, a former joint secretary of the Lok Sabha Secretariat.

India name not British, goes back to 5th century BC, say historians

India name not British, goes back to 5th century BC, say historians

Rediff.com9 Sep 2023

They also clarified that both the names Bharat and India, mentioned in Article 1 of the Constitution as "India, that is Bharat...", are part of the country's history and both names are "completely legitimate".

How Cancer Survivors Can Obtain A Health Plan

How Cancer Survivors Can Obtain A Health Plan

Rediff.com7 Sep 2023

'Try to buy a policy with a lower sum assured or one with a deductible.' 'Those whose spouses work for companies must get themselves enrolled into the employer's group health cover.' 'Some public sector banks also offer group health covers to those who open a savings account with them.'

'China did not get its way'

'China did not get its way'

Rediff.com6 Sep 2023

'There's no pro-China tilt in BRICS.' 'All these countries want to be close to China, but they are all good friends of India also.'

IFSCA looks to clear decks for startups' direct listing at GIFT City

IFSCA looks to clear decks for startups' direct listing at GIFT City

Rediff.com29 Aug 2023

The International Financial Services Centres Authority (IFSCA) has proposed key exemptions to the current listing framework and measures for setting up holding companies (holdcos) and special purpose acquisition companies (SPACs) to encourage domestic startups list at GIFT City, the country's only international financial services centre (IFSC). Under the current framework, to be eligible to list on IFSC exchanges, an issuing company should have operating revenue of at least $20 million in the preceding financial year and average pre-tax profits of at least $1 million during the preceding three financial years. An expert committee has noted these conditions have acted as hurdles to listing new-age companies, and they need a relook.

'What haven't the Gorkhas done for the Indian Army?'

'What haven't the Gorkhas done for the Indian Army?'

Rediff.com28 Aug 2023

'Gorkhas are terrific soldiers. They are known the world over for their fighting qualities.'

Social Stock Exchange: Tax benefits among industry's top demands

Social Stock Exchange: Tax benefits among industry's top demands

Rediff.com23 Aug 2023

In an effort to attract investors to the Social Stock Exchange (SSE), the bourses have reached out to the Securities and Exchange Board of India (Sebi) and the government with the industry's demand for additional benefits on contributions made towards social enterprises through the platform. SSE is a regulated platform to facilitate organisations working towards social causes to raise funds and have access to higher capital through the bourses. The platform is aimed at becoming a meeting ground for donors and social enterprises.

'Which country is now standing tall in BRICS? It's India'

'Which country is now standing tall in BRICS? It's India'

Rediff.com23 Aug 2023

'India has the potential to do a lot more to take advantage of the time today where we stand to gain, geopolitically and in terms of market attractiveness.'

Samantha-Jacqueline Celebrate India In New York

Samantha-Jacqueline Celebrate India In New York

Rediff.com21 Aug 2023

The world's largest India Day Parade outside India kicked off on Sunday afternoon in New York City, with the celebration witnessing huge floats and marching groups comprising members of the Indian-American community.

This MP Wants To End India's Big Fat Weddings

This MP Wants To End India's Big Fat Weddings

Rediff.com17 Aug 2023

'People are blowing up their entire retirement fund; they are selling their land and house to spend on one day for a marriage.'

Hugging without sexual intent is not an offence, Brij Bhushan tells court

Hugging without sexual intent is not an offence, Brij Bhushan tells court

Rediff.com10 Aug 2023

The counsel also submitted before Rouse Avenue Court on the point of jurisdiction and limitations in the matter. He said the allegations are time barred.

Rising markets fails to lift new investor addition by mutual funds

Rising markets fails to lift new investor addition by mutual funds

Rediff.com1 Aug 2023

Even as the returns of mutual fund (MF) schemes have improved considerably in the past three months, addition of new investors has remained in the slow lane for the MF industry. According to industry data, during the first six months of CY 2023, MFs onboarded only 1.6 million new unique investors, in stark contrast to the 4.7 million investors added during the same period last CY and the 2.4 million in 2021. It is noteworthy, however, that the current additions for this year have doubled in comparison to the figure of 800,000 seen in 2020.

Ex-Bengal CM Buddhadeb Bhattacharya remains critical, on ventilator

Ex-Bengal CM Buddhadeb Bhattacharya remains critical, on ventilator

Rediff.com31 Jul 2023

The veteran Communist Party of India-Marxist leader is likely to undergo a few tests later in the day, which will help in ascertaining the severity of the infection in his lungs that landed him in the hospital on Saturday afternoon.

Delhi court orders manhandling CCTV footage be given to Sisodia

Delhi court orders manhandling CCTV footage be given to Sisodia

Rediff.com19 Jul 2023

The judge noted that following an earlier court order, the official concerned of Rouse Avenue District Courts premises had brought the CCTV footage of May 23 pertaining to production of Sisodia before the court in the case.

'Arc de Triomphe reminded us of India Gate'

'Arc de Triomphe reminded us of India Gate'

Rediff.com19 Jul 2023

The ceremonial arch, inaugurated in July 1836, in a rather austere ceremony, stands proudly at the centre of Place Charles de Gaulle with 12 grand avenues radiating outward from the commemorative landmark.

Can Exter Deliver a Knockout Punch?

Can Exter Deliver a Knockout Punch?

Rediff.com18 Jul 2023

Although it has not announced the price bookings, sources say it could be in thousands.

Excise policy: ED arrests CBI approver Dinesh Arora in money laundering case

Excise policy: ED arrests CBI approver Dinesh Arora in money laundering case

Rediff.com7 Jul 2023

Arora was arrested under the criminal sections of the Prevention of Money Laundering Act after a long session of questioning.

'Your order was unconstitutional': Stalin's scathing letter to Guv

'Your order was unconstitutional': Stalin's scathing letter to Guv

Rediff.com1 Jul 2023

While the Raj Bhavan had on Thursday night said it placed the unprecedented 'dismissal' order on hold, the DMK regime asserted it would pick an appropriate action plan to counter and fight the move against the minister by Ravi, even though he backtracked from it.

Is Your Job Killing You?

Is Your Job Killing You?

Rediff.com23 Jun 2023

The key problem with the current generation is that most people don't understand how much is enough to lead a good life! exclaims Virender Kapoor.

White House Is Ready To Welcome Modi

White House Is Ready To Welcome Modi

Rediff.com21 Jun 2023

As soon as you enter the White House you get a sense of the frenzied pace of preparation for Prime Minister Modi's visit, Rediff.com US Contributor Abhijit J Masih discovers on a visit to 1600, Pennsylvania Avenue on Tuesday morning.

Indian-origin man sentenced to 7 yrs for raping drunk woman in UK

Indian-origin man sentenced to 7 yrs for raping drunk woman in UK

Rediff.com18 Jun 2023

A 20-year-old Indian-origin man has been sentenced to six years and nine months' imprisonment in the Welsh capital of Cardiff after admitting to raping a woman in London.

More than skin-deep: Nifty Next 50 complexion to get a shade of difference

More than skin-deep: Nifty Next 50 complexion to get a shade of difference

Rediff.com12 Jun 2023

The National Stock Exchange (NSE) Nifty Next 50 Index could undergo large-scale changes if the proposed tweaks to its computation methodology get implemented. In a discussion paper floated recently, NSE Indices, which owns and manages a portfolio of over 350 indices under the Nifty brand, proposed that only stocks that are traded in the futures and options (F&O) segment can be part of the index. Currently, as many as 11 non-F&O stocks are part of the Nifty Next 50 Index, which, as the name suggests, represents the next rung of large and liquid securities after the Nifty50.

Whoa! Katrina Looks So Good In Shirts

Whoa! Katrina Looks So Good In Shirts

Rediff.com6 Jun 2023

Does anyone have more fun getting dressed in a shirt than the Tiger 3 star?

Is Leonardo Fida Over Neelam Gill?

Is Leonardo Fida Over Neelam Gill?

Rediff.com5 Jun 2023

Has the Romeo finally found his Juliet?

Excise policy: HC relief for Sisodia, permits to meet ailing wife at home

Excise policy: HC relief for Sisodia, permits to meet ailing wife at home

Rediff.com2 Jun 2023

The high court made it clear that Sisodia shall not interact with media or any other person except his family members, and also not access phone or internet.

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