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Market Rout Shaves Rs 16 Trn From India's MCap

Market Rout Shaves Rs 16 Trn From India's MCap

Rediff.com5 Oct 2024

On a five-day rolling basis, FPI selling is the highest in 24 years.

'Living Standards For Indians Will Rise Steeply'

'Living Standards For Indians Will Rise Steeply'

Rediff.com5 Oct 2024

'It took us 75 years to reach a per capita income of $2,730.' 'According to IMF projections, it will take only five years to add another $2,000.'

Escalation in US-China trade war may help India

Escalation in US-China trade war may help India

Rediff.com4 Oct 2024

The escalation in the US-China trade war is expected to help India increase its exports and attract investments from American companies, think tank GTRI said on Friday. He said that last month, the US Senate introduced two bills that could intensify the trade war and have major global economic impacts if passed.

India way behind China, need to catch up: IAF chief

India way behind China, need to catch up: IAF chief

Rediff.com4 Oct 2024

At a press conference ahead of Air Force Day on October 8, he also said that India needs to catch up with China on technology and speed in production of military equipment, holding that "we are way behind" the neighbour. Air Chief Marshal Singh, at the same time, said the Indian military is way ahead in terms of personnel including those operating various machines and platforms. "I am very confident that as far as human angle is concerned, as far as our people behind the machine are concerned, we are way ahead of them," he said.

China Open: Muchova, Zheng advance to semis

China Open: Muchova, Zheng advance to semis

Rediff.com4 Oct 2024

Karolina Muchova snapped U.S. Open champion Aryna Sabalenka's 15-match win streak to shock her 7-6(5) 2-6 6-4 in the China Open quarter-finals on Friday, while Olympic champion Zheng Qinwen beat Mirra Andreeva 5-7 6-0 6-4 to reach the semi-finals.

Jaishankar, not Modi, will attend SCO summit in Pakistan

Jaishankar, not Modi, will attend SCO summit in Pakistan

Rediff.com4 Oct 2024

The last Indian external affairs minister to visit Pakistan was Sushma Swaraj. She had travelled to Islamabad in December 2015 to attend a conference on Afghanistan.

Markets turn topsy-turvy; Sensex, Nifty slump nearly 1%

Markets turn topsy-turvy; Sensex, Nifty slump nearly 1%

Rediff.com4 Oct 2024

From the 30 Sensex firms, Mahindra & Mahindra, Bajaj Finance, Asian Paints, Nestle, Bharti Airtel, UltraTech Cement, Hindustan Unilever, ITC, and HDFC Bank were the major laggards. In contrast, Infosys, Tech Mahindra, Tata Motors, Axis Bank, Tata Consultancy Services and State Bank of India were among the gainers.

Once She Begged. Now She's A Doctor!

Once She Begged. Now She's A Doctor!

Rediff.com4 Oct 2024

After a wait of 20 years, Pinki Haryan is a qualified doctor raring to serve the destitute and give them a better life.

ISSF Junior Worlds: Indian team wins 25m rapid-fire pistol gold

ISSF Junior Worlds: Indian team wins 25m rapid-fire pistol gold

Rediff.com4 Oct 2024

India remained at the top of the medal tally with a total of 16 medals which included one silver and four bronze.

US tariffs risk Chinese goods flooding India

US tariffs risk Chinese goods flooding India

Rediff.com4 Oct 2024

India stares at the risk of an influx of Chinese products as US tariffs on a range of Chinese goods, including solar panels, electric vehicles, lithium-ion batteries, syringes, and steel, are set to take effect from September 27. With higher tariffs reducing China's access to the US market, there is concern that China may divert its exports to other markets, including India, which could lead to potential dumping of goods. This situation could challenge Indian industries, particularly in sectors where competition with Chinese products is already fierce.

India Needs A National Security Strategy

India Needs A National Security Strategy

Rediff.com4 Oct 2024

The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).

Why India Will Like Shigeru Ishiba

Why India Will Like Shigeru Ishiba

Rediff.com4 Oct 2024

Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.

Sensex plunges 1,769 pts to 3-week low, investors lose Rs 9.78 lakh cr

Sensex plunges 1,769 pts to 3-week low, investors lose Rs 9.78 lakh cr

Rediff.com3 Oct 2024

From the 30 Sensex firms, Larsen & Toubro, Reliance Industries, Axis Bank, Asian Paints, Tata Motors, Bajaj Finance, Maruti, Bajaj Finserv, Kotak Mahindra Bank, Titan, Adani Ports and HDFC Bank were the major laggards. JSW Steel emerged as the only gainer.

Chris Wood trims exposure to Indian equities by 1 point

Chris Wood trims exposure to Indian equities by 1 point

Rediff.com3 Oct 2024

Global head of equity strategy at Jefferies, Christopher Wood, has cut his exposure to Indian equities by one percentage point in the Asia-Pacific ex-Japan relative-return portfolio, and Australia and Malaysia by half a percentage point each in favour of China, which has seen a hike in exposure by two percentage points. The rally in China has been fast-forwarded by the approach of a seven-day holiday with the CSI 300 Index up 8.5 per cent on Monday, and 25.1 per cent in five trading days, he said.

'No Company Should Exploit Its Employees'

'No Company Should Exploit Its Employees'

Rediff.com3 Oct 2024

'A person is supposed to do 40 to 42 hours of work a week.' 'If a person is working more that, it is exploitation.' 'And it is because of this exploitation that employees experience stress which affects their mental health.' 'Sometimes it even leads to ending their lives. It is very unfortunate.'

Saudi oil supply rebound gives India bargaining power

Saudi oil supply rebound gives India bargaining power

Rediff.com3 Oct 2024

A resurgence in Saudi Arabian supplies of crude oil to India coupled with an attack on an Iraqi tanker in August carrying crude to Europe may result in improved bargaining power for India with West Asian and Russian suppliers for winter supplies. Shipments of Saudi oil rebounded in September from August, surging to the highest since March while Russian oil shipments rose marginally as Saudi Arabia tried to claw back market share in Asia, according to industry sources and ship tracking data.

Alcaraz outlasts Sinner to win China Open crown

Alcaraz outlasts Sinner to win China Open crown

Rediff.com2 Oct 2024

French Open and Wimbledon champion Alcaraz, who won both of his previous meetings with Sinner this year, recovered from a slow start to wrap up victory in three hours, 21 minutes and improve his head-to-head record with the Italian to 6-4.

2025 Diamond League calendar is out!

2025 Diamond League calendar is out!

Rediff.com2 Oct 2024

The 2025 edition of the Diamond League will hand out more than $9 million in prize money, a record for the tournament.

China has violated border pacts with India, says Jaishankar

China has violated border pacts with India, says Jaishankar

Rediff.com2 Oct 2024

China has violated border agreements, External Affairs Minister S Jaishankar said on Tuesday, noting that continued tension will cast a natural shadow over the rest of this relationship.

Jannik Sinner-Carlos Alcaraz set for Beijing blockbuster

Jannik Sinner-Carlos Alcaraz set for Beijing blockbuster

Rediff.com2 Oct 2024

Sinner advanced with a 6-3, 7-6 (3) victory over home favorite Bu Yunchaokete and No. 2 seed Alcaraz held off No. 3 Daniil Medvedev 7-5, 6-3 in Tuesday's semifinals.

India Shining Under Modi In International Arena

India Shining Under Modi In International Arena

Rediff.com1 Oct 2024

PM Modi went to New York this time not to engage in polemics, but to find solutions to global problems. He made some progress on several matters, even on reform of the UN Security Council, when the US made a major concession for the first time that six permanent members without veto, including India, could be considered

'Government Must Talk To Sonam Wangchuk'

'Government Must Talk To Sonam Wangchuk'

Rediff.com1 Oct 2024

'Ladakh has become a hollow UT.' 'Bureaucrats from Delhi rule Ladakh and there is no attention paid to the grievances of the people.'

Oil & gas, FMCG shares drag markets down

Oil & gas, FMCG shares drag markets down

Rediff.com1 Oct 2024

From the 30 Sensex firms, IndusInd Bank, Asian Paints, Hindustan Unilever, Tata Motors, Tata Steel, Titan, Reliance Industries and NTPC were among the major laggards. Tech Mahindra, Mahindra & Mahindra, Kotak Mahindra Bank, Infosys, HCL Technologies and State Bank of India were among the major gainers.

Must Watch: Stories From Around The World

Must Watch: Stories From Around The World

Rediff.com1 Oct 2024

Aseem Chhabra's Top 10 Films/ Series from TIFF 2024 includes films that he watched for the first time in Toronto. The films were impressive due to their rigor, passion, unique storytelling style and sometimes exploring the vulnerable sides of big name stars.

Situation at LAC stable but not normal: Army Chief

Situation at LAC stable but not normal: Army Chief

Rediff.com1 Oct 2024

The situation along the Line of Actual Control (LAC) in eastern Ladakh is stable but sensitive and not normal, Chief of Army Staff General Upendra Dwivedi said on Tuesday on the dragging military standoff between China and India in the region.

Readers Tell Us: India's Quietest Place

Readers Tell Us: India's Quietest Place

Rediff.com1 Oct 2024

Places of peace were discovered in Odisha. And Sikkim.

Double delight for shooter Parth Mane in Peru

Double delight for shooter Parth Mane in Peru

Rediff.com1 Oct 2024

It was double delight for Parth Rakesh Mane as he was crowned junior world champion in 10m air rifle and also claimed a team gold to lead India's impressive performance at the ongoing ISSF Junior World Championship in Lima, Peru.

Close shave between Russian fighter jet and US F-16

Close shave between Russian fighter jet and US F-16

Rediff.com1 Oct 2024

Military officials released new video on Monday of a close encounter between a Russian fighter jet and a US Air Force F-16 interceptor near Alaska, Associated Press has reported.

Why Is Made In India iPhone Costlier?!

Why Is Made In India iPhone Costlier?!

Rediff.com1 Oct 2024

18% cent GST on iPhones continues to weigh heavily on the final cost to Indian consumers, limiting the impact of price cuts.

Carlos Alcaraz advances to semis in Beijing

Carlos Alcaraz advances to semis in Beijing

Rediff.com30 Sep 2024

Third-ranked Carlos Alcaraz recorded a 7-5, 6-2 win over seventh-seeded Karen Khachanov of Russia to advance to the semifinals of the China Open on Monday in Beijing.

India's medal tally grows at shooting Jr World C'ship

India's medal tally grows at shooting Jr World C'ship

Rediff.com30 Sep 2024

The bronze medals on day two of the competitions at the International Shooting Sport Federation event took India's count to five medals (two gold and three bronze).

Domestic investors pay hefty premiums for China exposure

Domestic investors pay hefty premiums for China exposure

Rediff.com30 Sep 2024

Indian investors are paying hefty premiums to invest in China markets, with stocks there posting their biggest weekly gain in nearly 16 years. Savvy investors were seen making a dash to invest in the only two China-focused exchange-traded funds (ETFs) available in the domestic markets. On Friday, Mirae Asset Hang Seng Tech ETF closed at Rs 16.9 on the NSE, nearly

Breakthrough! Chinese scientists 'cure' type-1 diabetes with half-hour surgery

Breakthrough! Chinese scientists 'cure' type-1 diabetes with half-hour surgery

Rediff.com30 Sep 2024

The patient, a 25-year-old woman who had the chronic condition for over a decade, was able to naturally regulate her blood sugar some two and half months after undergoing the minimally invasive surgery, the Shanghai-based Chinese news outlet, The Paper reported. According to the report carried by the Hong Kong-based South China Morning Post, the surgery took just half an hour.

'China Will Be India's Main Concern In Sri Lanka'

'China Will Be India's Main Concern In Sri Lanka'

Rediff.com30 Sep 2024

'Will President Dissanayake calibrate his foreign policy taking into account India's immediate security concerns? We need to watch.'

'Cancelling Adani Project Not Good Sign'

'Cancelling Adani Project Not Good Sign'

Rediff.com30 Sep 2024

'If there is a push towards a Marxist oriented government it will be dangerous.' 'We have seen this in Nepal and Myanmar and it will be a concern for India if it is surrounded by countries with such political dispensations.'

'RBI In No Hurry To Do Big Rate Cuts'

'RBI In No Hurry To Do Big Rate Cuts'

Rediff.com30 Sep 2024

'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'

How Much Should You Invest In Gold

How Much Should You Invest In Gold

Rediff.com30 Sep 2024

'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'

China Open: Alcaraz joins elite club with 200th career win

China Open: Alcaraz joins elite club with 200th career win

Rediff.com29 Sep 2024

Carlos Alcaraz defeated Tallon Griekspoor of the Netherlands 6-1, 6-2 at the China Open on Sunday to capture his 200th career tour victory.

FPI inflows hit 9-month high; surpasses Rs 1 lakh cr

FPI inflows hit 9-month high; surpasses Rs 1 lakh cr

Rediff.com29 Sep 2024

Foreign investors have poured Rs 57,359 crore into Indian equities in September, making it the highest inflow in nine months, mainly driven by a rate cut by the US Federal Reserve. With this infusion, foreign portfolio investors' (FPIs) investment in equities has surpassed the Rs 1 lakh crore mark in 2024, data with the depositories showed. Going ahead, FPI inflows are likely to remain robust, driven by global interest rate easing and India's strong fundamentals.

How Sensex, Nifty will fare this week

How Sensex, Nifty will fare this week

Rediff.com29 Sep 2024

Global trends, trading activity of foreign investors and domestic macroeconomic data announcements would dictate terms in the equity market in a holiday-shortened week ahead, analysts said. Equity markets would remain closed on Wednesday for Gandhi Jayanti. "Looking ahead, it will be interesting to monitor Foreign Institutional Investors (FIIs) and their flow into India.

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