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Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

Rediff.com29 Feb 2024

India's economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian economy recorded a growth of 8.4 per cent in the third quarter of this fiscal (October-December 2023), according to data released by the National Statistical Office (NSO) on Thursday.

Laapataa Ladies Review: Cheerful Ode To Sisterhood

Laapataa Ladies Review: Cheerful Ode To Sisterhood

Rediff.com29 Feb 2024

Laapataa Ladies is gentle yet firm in calling out the hypocrisies colouring everyday mindsets and prejudices without acquiring the high-handedness of a crusader, observes Sukanya Verma.

'High time we bring back paper ballots'

'High time we bring back paper ballots'

Rediff.com29 Feb 2024

'How come the BJP won even in the Muslim belt? I am 100% sure that the BJP would not win in the Muslim belt.'

Demand For AI Powered PCs Is On Rise

Demand For AI Powered PCs Is On Rise

Rediff.com29 Feb 2024

A computer with NPU can handle a wide range of tasks directly on personal devices without relying on a Cloud service.

ICC Test Rankings: Big jump for Jurel; Root back in top 3

ICC Test Rankings: Big jump for Jurel; Root back in top 3

Rediff.com28 Feb 2024

Senior spinner Ravichandran Ashwin's five-wicket haul in the second innings has helped him narrow the gap with top-ranked Jasprit Bumrah to 21 rating points at 846 after the fast bowler was rested for the Ranchi Test.

Investors become poorer by Rs 6 lakh cr as markets crash

Investors become poorer by Rs 6 lakh cr as markets crash

Rediff.com28 Feb 2024

Investors' wealth eroded by Rs 6 lakh crore in a single day on Wednesday as the BSE benchmark Sensex tumbled over 790 points. The 30-share BSE Sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88. During the day, it slumped 872.93 points or 1.19 per cent to 72,222.29.

HC allows virtual marriage registration for Indian couple in US

HC allows virtual marriage registration for Indian couple in US

Rediff.com28 Feb 2024

In their petition, the couple said they got married on May 10, 2022 according to Hindu rites and customs at a hotel in Ghaziabad's Kaushambi and left for the US to pursue their careers.

Dubai Tennis: Bopanna-Ebden advance; curtains for Nagal

Dubai Tennis: Bopanna-Ebden advance; curtains for Nagal

Rediff.com28 Feb 2024

Another Indian, Yuki Bhambri and his Dutch partner Robin Haase also progressed to the quarter-finals.

'What Still Resonates Is That Voice'

'What Still Resonates Is That Voice'

Rediff.com28 Feb 2024

'How many voices from that time have stood the test of time?' 'There have been RJs before him and after him, but no one has enjoyed his popularity and longevity.'

Took conscious call to shun high-cost deposits: HDFC Bank

Took conscious call to shun high-cost deposits: HDFC Bank

Rediff.com28 Feb 2024

HDFC Bank has been conscious in not accepting high-cost deposits, which have resulted in slower growth in October-December, said Sashidhar Jagdishan, managing director and chief executive officer, during an interaction with Goldman Sachs recently. He said during times of tight liquidity, short terms hardened, as was the case in October-December. "Not only did we participate, but we also gave up which came up for maturity," he said.

New Challenges Facing Banks

New Challenges Facing Banks

Rediff.com28 Feb 2024

As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay.

Sensex sinks 353 points on profit booking

Sensex sinks 353 points on profit booking

Rediff.com26 Feb 2024

Selling in index heavyweights, including Infosys, TCS, ICICI Bank and Reliance Industries, dragged the benchmark indices into the negative for the second straight session, analysts said. Among the Sensex shares, Asian Paints fell the most by 3.9 per cent as analysts expressed concerns over rising competition in the domestic paints market following the entry of Aditya Birla group company Grasim Industries into the paints segment. IT shares Infosys, TCS, HCL Tech, Wipro and Tech Mahindra continued to slide amid inflation concerns in the US market.

Improved cost ratios to boost State Bank of India's profitability

Improved cost ratios to boost State Bank of India's profitability

Rediff.com26 Feb 2024

India's largest PSU bank, State Bank of India, delivered excellent results, once the impact of a big jump in employee expenses was adjusted for. The net interest income (NII) beat the Street due to a better net interest margin (NIM) and good loan growth. The credit growth at 5.2 per cent quarter-on-quarter (Q-o-Q) (15 per cent year on year) was excellent for a large bank.

Adani in talks with sovereign funds to raise up to $2.6 bn

Adani in talks with sovereign funds to raise up to $2.6 bn

Rediff.com26 Feb 2024

The Adani group is in advanced talks with top sovereign funds based in West Asia to raise up to $2.6 billion for its airport expansion and green hydrogen projects. The group, which expects to close the ongoing financial year ending March with Rs 80,000 crore of Ebitda (earnings before interest, tax, depreciation, and amortisation), has held a series of road shows in London, Dubai, and Singapore with potential investors, briefing them about their future growth plans. The group's flagship, Adani Enterprises, may dilute part of its stake in the airport-holding firm and/or the green hydrogen business to these funds, which are keen to invest in the Indian infrastructure sector, said a source close to the development.

Denied entry to India as...: UK-based Kashmiri Pandit professor

Denied entry to India as...: UK-based Kashmiri Pandit professor

Rediff.com26 Feb 2024

The BJP also went on to label Kaul a "Pakistani sympathiser" and posted headings of a couple of her writings on X.

Article 370 On Road To Be A Hit!

Article 370 On Road To Be A Hit!

Rediff.com26 Feb 2024

With the first week total set to cross Rs 40 crores, this Yami Gautam-Priyamani starrer is already a good success at the box office.

How India's latest DJ made England dance to his tunes

How India's latest DJ made England dance to his tunes

Rediff.com25 Feb 2024

'Hard work is there, but I believe in visualisation and manifestation. Whatever match or series, one or two weeks prior I start preparation looking at the bowling line-up, who will bowl and how will I play them. I play out the scenarios and it helps.'

3 Maoists killed in encounter with security forces in Chhattisgarh

3 Maoists killed in encounter with security forces in Chhattisgarh

Rediff.com25 Feb 2024

The security forces had received inputs about the presence of cadres belonging to company no. 5 of Maoists in Bhomra, Hurtarai and Michchebeda villages, he said.

'The formulations business been a growth driver'

'The formulations business been a growth driver'

Rediff.com24 Feb 2024

'However, we have seen weakness in our active pharmaceutical ingredients business.'

Liverpool's Europa challenge revealed

Liverpool's Europa challenge revealed

Rediff.com23 Feb 2024

Liverpool draw Sparta Prague in Europa League last 16

HC to hear MJ Akbar's plea against Priya Ramani's acquittal on April 26

HC to hear MJ Akbar's plea against Priya Ramani's acquittal on April 26

Rediff.com23 Feb 2024

The Delhi high court on Friday allowed a plea filed by former Union minister M J Akbar seeking an early hearing of his appeal challenging a trial court order that acquitted journalist Priya Ramani in a criminal defamation case filed by him over her allegations of sexual harassment.

'China will be given a bloody nose'

'China will be given a bloody nose'

Rediff.com23 Feb 2024

'They will continue to keep pricking at places where both of us are sensitive and keep the LAC alive.'

ED upgrades Look out Circular against Byju Raveendran

ED upgrades Look out Circular against Byju Raveendran

Rediff.com22 Feb 2024

The Enforcement Directorate has upgraded its Look out Circular (LC) issued against Byju's founder and CEO Byju Raveendran in connection with a FEMA probe, seeking to stop him for going abroad. The earlier such alert meant that immigration authorities had to just intimate the agency about his movements through various ports. Official sources said that the over an year old LC was revised sometime back in light of investors' concerns and ongoing adjudication of a FEMA contravention case against Raveendran and some others.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

'Govt wakes up only when you come on the roads'

'Govt wakes up only when you come on the roads'

Rediff.com22 Feb 2024

'Had they agreed to our demands that we raised two years ago, we would have never started our agitation again.'

Champions League PIX: Porto down Arsenal; Barca-Napoli play drab draw

Champions League PIX: Porto down Arsenal; Barca-Napoli play drab draw

Rediff.com22 Feb 2024

IMAGES from the UEFA Champions League matches played on Wednesday

SC flips result in 'rigged' Chandigarh mayoral poll; declares AAP winner

SC flips result in 'rigged' Chandigarh mayoral poll; declares AAP winner

Rediff.com20 Feb 2024

It also ordered prosecution of the returning officer for the poll, Anil Masih, a BJP leader, for his 'misdemeanour', after finding serious faults in the conduct of the January 30 election.

World TT C'ship: Indian women down Spain; enter knockouts

World TT C'ship: Indian women down Spain; enter knockouts

Rediff.com20 Feb 2024

The Indian women's team came from behind to beat Spain 3-2 in its final group game and progressed to the knockout phase.

Air India, TASL to invest Rs 2,300 crore in Karnataka

Air India, TASL to invest Rs 2,300 crore in Karnataka

Rediff.com20 Feb 2024

Air India and Tata Advanced Systems Ltd (TASL), a player in aerospace and defence solutions, on Monday signed a memorandum of understanding (MoU) with the Karnataka government for an investment of ~2,300 crore in the state's aerospace and defence sector. The strategic move is expected to enhance Karnataka's aerospace ecosystem and help create over 1,600 direct and 25,000 indirect jobs in the state.

5 Electric SUVs Coming To India

5 Electric SUVs Coming To India

Rediff.com20 Feb 2024

If you are planning to buy an electric car in the near future, it would be highly advisable to wait for these upcoming electric SUVs.

Equestrian: Agarwalla wins Paris Olympics quota

Equestrian: Agarwalla wins Paris Olympics quota

Rediff.com19 Feb 2024

Anush Agarwalla was allotted the quota on the basis of his performance in four FEI events.

Ranji Trophy: TN, Karnataka, Vidarbha enter quarters

Ranji Trophy: TN, Karnataka, Vidarbha enter quarters

Rediff.com19 Feb 2024

A round-up of the Ranji Trophy matches played on Monday.

Nifty hits new peak, Sensex up 282 points

Nifty hits new peak, Sensex up 282 points

Rediff.com19 Feb 2024

Among Sensex shares, Bajaj Finserve, ICICI Bank, Bharti Airtel, Bajaj Finance, Sun Pharma, Maruti Suzuki, ITC, and Nestle were the lead gainers. On the other hand, L&T Wipro, IndusInd Bank and TCS and Tata Motors were the lead losers.

Saluting P V Narasimha Rao For 1991!

Saluting P V Narasimha Rao For 1991!

Rediff.com19 Feb 2024

It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.

Airlines record lowest on-time figures in 11 months in Jan amid fog issues

Airlines record lowest on-time figures in 11 months in Jan amid fog issues

Rediff.com19 Feb 2024

The on-time performance (OTP) of Indian carriers took a major dip in January as dense fog foiled their flight schedules. According to data from the Ministry of Civil Aviation reviewed by Business Standard, five out of six major Indian carriers - IndiGo, Air India, AIX Connect, Akasa Air, and Vistara - recorded their lowest OTPs in at least the last 11 months. In response to queries, an Air India spokesperson said that during this winter, northern India experienced unusually prolonged periods of dense fog affecting traffic at the airline's two largest hubs -- Delhi and Mumbai.

EPL PIX: Arsenal thrash Burnley; Liverpool cruise

EPL PIX: Arsenal thrash Burnley; Liverpool cruise

Rediff.com18 Feb 2024

Bukayo Saka scored either side of halftime as Arsenal crushed second-bottom Burnley 5-0.

'Our unsecured loan portfolio is better than secured'

'Our unsecured loan portfolio is better than secured'

Rediff.com17 Feb 2024

'Our unsecured loan is not exactly unsecured. It is backed by cash flow of customers.'

Atmanirbharta Complicates India-US Arms Deals

Atmanirbharta Complicates India-US Arms Deals

Rediff.com17 Feb 2024

Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.

Govt okays maritime aircraft among Rs 84,560-cr defence buy

Govt okays maritime aircraft among Rs 84,560-cr defence buy

Rediff.com16 Feb 2024

The proposals cleared by the DAC include new-generation anti-tank mines, air defence tactical control radar, heavy-weight torpedoes, medium-range maritime reconnaissance and multi-mission maritime aircraft, flight refueller aircraft and software-defined radios.

Sensex surges 376 points; auto, IT shares advance

Sensex surges 376 points; auto, IT shares advance

Rediff.com16 Feb 2024

Wipro was the biggest gainer in the Sensex chart, rising 4.79 per cent, followed by M&M, L&T, Tata Motors, Maruti, Infosys, Nestle India and IndusInd Bank.

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