Search results for ' DATA'

Govt releases draft digital data protection rules without penal clause

Govt releases draft digital data protection rules without penal clause

Rediff.com3 Jan 2025

The draft rules have been issued after Parliament approved the Digital Data Protection Bill 2023 about 14 months back.

Capex shrinks as fiscal deficit reaches 52% of FY25 estimate: CGA data

Capex shrinks as fiscal deficit reaches 52% of FY25 estimate: CGA data

Rediff.com1 Jan 2025

The government's capital expenditure in the April-November period of financial year 2024-25 (FY25) continued to contract with a 12.3 per cent decline year-on-year (Y-o-Y), according to data released by the Controller General of Accounts on Tuesday.

Govt revises gold import data from April; cuts Nov figures by $5 bn to $9.84 bn

Govt revises gold import data from April; cuts Nov figures by $5 bn to $9.84 bn

Rediff.com7 days ago

The government has revised gold import data, bringing down numbers for November by $5 billion to $9.84 billion, possibly to rectify double accounting of inbound shipments. According to revised data of the commerce ministry arm Directorate General of Commercial Intelligence and Statistics (DGCIS), gold import numbers have been slashed since April 2024, revealing excess imports of about $11.7 billion during the first eight months of 2024-25.

AI/data science roles to dominate job market in 2025

AI/data science roles to dominate job market in 2025

Rediff.com24 Dec 2024

Indian IT hiring landscape is at a pivotal juncture as it transitions from a year of decline towards a more hopeful future. The focus on specialised skills, particularly in AI and data science, combined with geographical shifts towards Tier 2 cities, indicates a transformation within the sector.

6 Tips To Check If Your Phone Has Been Hacked

6 Tips To Check If Your Phone Has Been Hacked

Rediff.com17 Dec 2024

Has your phone been hacked? Here are 6 warning signs to check for suspicious activity and safeguard your personal data on your phone.

Markets rise on buying in bellwether stocks

Markets rise on buying in bellwether stocks

Rediff.com18 hours ago

NTPC, Power Grid, Kotak Mahindra Bank, Maruti, Tech Mahindra, Larsen & Toubro, Reliance Industries and Adani Ports were the other big gainers. Mahindra & Mahindra, Bajaj Finserv, Bajaj Finance, Axis Bank and Tata Motors were among the laggards.

Another Indian dies in Ukraine war, MEA asks Russia to...

Another Indian dies in Ukraine war, MEA asks Russia to...

Rediff.com1 days ago

India on Tuesday pressed Russia to release all the Indians recruited by the Russian military, following the death of another Indian national in the Russia-Ukraine conflict zone, taking the death toll to 10.

Wholesale price inflation rises to 2.37% in Dec

Wholesale price inflation rises to 2.37% in Dec

Rediff.com1 days ago

Wholesale price inflation rose to 2.37 per cent in December 2024, led by spike in manufactured products even though prices of food items eased, government data released on Tuesday showed.

Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks

Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks

Rediff.com1 days ago

From the 30-share blue-chip pack, Adani Ports jumped over 5 per cent. NTPC, Tata Steel, Bajaj Finserv, Zomato, Bajaj Finance, Tata Motors, State Bank of India, IndusInd Bank and Maruti were among the other big gainers. From the 30-share pack, Hindustan Unilever, Titan, Tata Consultancy Services, Infosys and UltraTech Cement were the other laggards.

In a 1st, Indian university grows spinach tissue in space

In a 1st, Indian university grows spinach tissue in space

Rediff.com2 days ago

The spinach callus tissue, sent by Amity University-Mumbai to space, has shown signs of growth in the POEM-4 module that is orbiting the earth at an altitude of 350 kms, scientists associated with the experiment said.

Retail inflation eases to 4-month low of 5.22% in Dec

Retail inflation eases to 4-month low of 5.22% in Dec

Rediff.com2 days ago

Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday. The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023.

RBI to conduct daily variable rate repo auctions to infuse liquidity

RBI to conduct daily variable rate repo auctions to infuse liquidity

Rediff.com4 minutes ago

In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. The daily auctions, aimed at easing the current liquidity tightness in the banking system, will begin on Friday, with a notified amount of Rs 50,000 crore.

In a 1st, Indian university grows spinach tissue in space

In a 1st, Indian university grows spinach tissue in space

Rediff.com2 days ago

Growing plants in space under micro gravity is an important milestone for space biological research and as an engaging activity for the astronauts during long duration manned missions.

Land deals for housing, warehousing rise to over 2,200 acres

Land deals for housing, warehousing rise to over 2,200 acres

Rediff.com2 days ago

Indian real estate sector saw more land deals in 2024 at over 2,200 acres as developers were looking to expand the business, according to CBRE. Real estate consultant CBRE data showed that land deals of more than 2,200 acres last year as against about 1,900 acres in the preceding year. Out of the total land transactions in 2024, around 2,000 acres were located in the eight major cities -- Delhi-NCR, Bengaluru, Mumbai, Chennai, Pune, Hyderabad, Kolkata and Ahmedabad.

India's exports down 1% to $38.01 bn in Dec

India's exports down 1% to $38.01 bn in Dec

Rediff.com14 hours ago

India's merchandise exports dipped by about one per cent to $38.01 billion in December 2024 against $38.39 billion a year ago, according to government data released on Wednesday. Imports increased by 4.8 per cent to $59.95 billion in December 2024 compared to $57.15 billion in the year-ago month.

California wildfires kill 16, 200K displaced; Trump slams authorities

California wildfires kill 16, 200K displaced; Trump slams authorities

Rediff.com3 days ago

Nearly 2,00,000 have been displaced due to the raging fires. As many as 10,000 structures along with entire residential neighbourhoods have been destroyed.

Trump's H-1B Policy Will Affect Desis

Trump's H-1B Policy Will Affect Desis

Rediff.com20 hours ago

Indian Americans contribute approximately 5% to 6% -- roughly $300 billion -- in federal tax revenues annually.

Udaan set for IPO as NCLT clears demerger plan

Udaan set for IPO as NCLT clears demerger plan

Rediff.com22 hours ago

Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.

New Govt Infrastructure Projects Down by Over 20% in December Quarter

New Govt Infrastructure Projects Down by Over 20% in December Quarter

Rediff.com23 hours ago

Both new and completed project values as of December 2024 remain below pre-pandemic levels seen in 2019.

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

Rediff.com3 days ago

The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. According to data published by the Life Insurance Council, LIC's premium dropped 41.15 per cent Y-o-Y to Rs 13,523.87 crore while private insurers reported 7 per cent growth in NBP to Rs 16,694.85 crore as the industry absorbs the impact of the revised surrender value norms.

Does Battery Swapping Make Sense For e2Ws?

Does Battery Swapping Make Sense For e2Ws?

Rediff.com1 days ago

Leading Indian electric two-wheeler (e2W) companies have said that "swapping" of batteries is currently unviable and will only increase the cost for a consumer to run the vehicle.

FPIs withdraw Rs 22,194 crore in Jan

FPIs withdraw Rs 22,194 crore in Jan

Rediff.com3 days ago

Foreign investors have withdrawn Rs 22,194 crore from Indian equities this month, driven by expectations of a weak earnings season, a steady rise in the US dollar, and concerns over tariff war during Donald Trump's presidency. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.

Banking system liquidity surplus touches Rs 1 trn, shows RBI data

Banking system liquidity surplus touches Rs 1 trn, shows RBI data

Rediff.com5 Dec 2024

While liquidity in the banking system has turned surplus in the last few weeks, it could go back to deficit again, mainly due to corporate advance tax outflows. The net liquidity surplus of the banking system rose to touch Rs 1 trillion on Tuesday on the back of government spending, according to the data released by the Reserve Bank of India.

Bangladesh moves closer to Islamabad, eases visa process for Pakistanis

Bangladesh moves closer to Islamabad, eases visa process for Pakistanis

Rediff.com3 days ago

The present government had removed the need for clearance from Dhaka for Pakistani heads of missions while issuing visas, Bangladesh high commissioner to Pakistan Iqbal Hussain told the business community here at the Lahore Chamber of Commerce and Industry on Saturday.

Key factors that will drive the markets this week

Key factors that will drive the markets this week

Rediff.com3 days ago

Investors will take cues from the December quarter corporate earnings, with blue-chips like Infosys, Reliance Industries scheduled to report their results this week, in addition, inflation data and trading activity of foreign investors will also be crucial in dictating market trends, analysts said.

SpaDeX: Satellites reach 3 metres in key docking test

SpaDeX: Satellites reach 3 metres in key docking test

Rediff.com4 days ago

The Indian Space Research Organisation (ISRO) on Sunday said the two satellites launched to perform space docking experiments were brought within three metres and then moved safely back in a trial attempt.

Nvidia Uncovers Robot Training Tech

Nvidia Uncovers Robot Training Tech

Rediff.com7 days ago

CEO Jensen Huang presented how the world's second-most valuable firm is bringing technology that powers its lucrative data centre AI chips to consumer PCs and laptops at the Consumer Electronics Show 2025.

E-commerce spend driving use of credit cards in non-metros, says Visa

E-commerce spend driving use of credit cards in non-metros, says Visa

Rediff.com1 days ago

With rising disposable incomes in cities beyond metros, the penetration of credit cards - and consequently, credit card spending - is growing at a much faster pace than in traditional metro cities, primarily driven by e-commerce spending.

Rs 24.69 lakh cr of investors' wealth wiped out in 4 days

Rs 24.69 lakh cr of investors' wealth wiped out in 4 days

Rediff.com2 days ago

Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market. Spike in global crude prices, unabated foreign fund outflows, a strong US jobs data diminishing early rate cut expectations, and the rupee logging its steepest single-day fall in nearly two years dampened investors' sentiment.

Spike in crude oil price, FII outflows spook markets

Spike in crude oil price, FII outflows spook markets

Rediff.com2 days ago

From the 30-share blue-chip pack, Zomato cracked nearly 7 per cent. Power Grid, Adani Ports, Tata Steel, NTPC, Tata Motors, Tech Mahindra, Mahindra & Mahindra, Asian Paints, Sun Pharma and UltraTech Cement were the other major laggards. In contrast, Axis Bank, Hindustan Unilever, Tata Consultancy Services and IndusInd Bank were the gainers.

Market Storm: Radhika Gupta's Advice for Investors

Market Storm: Radhika Gupta's Advice for Investors

Rediff.com37 minutes ago

Gripped with fear as an investor following a 12 per cent market fall? Here's Radhika Gupta's advice to investors.

India's forex kitty drops $5.69 bn to $634.58 bn

India's forex kitty drops $5.69 bn to $634.58 bn

Rediff.com5 days ago

India's forex reserves dropped by $5.69 billion to $634.58 billion in the week ended January 3, the Reserve Bank of India said on Friday. In the previous reporting week, the overall kitty had declined by $4.11 billion to $640.28 billion.

Markets end in red on surging crude prices, FII outflows

Markets end in red on surging crude prices, FII outflows

Rediff.com5 days ago

From the 30-share blue-chip pack, IndusInd Bank, NTPC, UltraTech Cement, Sun Pharma, Axis Bank, State Bank of India, Tata Steel, Power Grid, Adani Ports and Kotak Mahindra Bank were among the major laggards. Tata Consultancy Services jumped nearly 6 per cent after the IT services company reported an 11.95 per cent jump in the December quarter net profit to Rs 12,380 crore. Tech Mahindra, HCL Tech, Infosys and Bajaj Finserv were the other big gainers.

Why Is RBI Gov Meeting Top Bankers?

Why Is RBI Gov Meeting Top Bankers?

Rediff.com3 days ago

'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'

Investors Bet On High-Risk Equity Funds

Investors Bet On High-Risk Equity Funds

Rediff.com3 days ago

Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65 per cent of the total additions to equity funds over the past two years.

Broad-based corporate capex recovery unlikely in FY26: India Ratings

Broad-based corporate capex recovery unlikely in FY26: India Ratings

Rediff.com5 days ago

India Ratings on Thursday said that any broad-based or strong recovery in corporate capital expenditure was unlikely in the upcoming financial year 2026 (FY26) due to uncertainty of domestic and external demand. The uncertainty is adversely affecting the overall corporate sector capex. Interest rates on credit are not the primary deterrent to decisions about capital expenditure, said Soumyajit Niyogi, director, core analytical group, Ind-Ra, in a webinar on the credit market outlook.

Telcos seek easing of 'stringent quality of service' norms

Telcos seek easing of 'stringent quality of service' norms

Rediff.com5 days ago

Continuing to push back against the stringent quality of service (QoS) norms brought in by the Telecom Regulatory Authority of India (Trai), telcos have informed the Department of Telecommunications (DoT) that collection and submission of monthly and site-to-cell-level data should be eased, officials and industry sources said. In place since October last year, the QoS norms call for data for network availability, call drop, voice packet drop rate in uplink and downlink, among other parameters, to be collected at the cell level.

Why Bumrah may lose out on Test captaincy

Why Bumrah may lose out on Test captaincy

Rediff.com3 days ago

Jasprit Bumrah doesn't seem to be a long-term captaincy option given his nagging fitness concerns.

Women Voters: The Rising Power Transforming Politics

Women Voters: The Rising Power Transforming Politics

Rediff.com1 days ago

'Women' as a political constituency appears to be an idea that has come of age. It is changing India in ways that we only dimly understand, asserts Aditi Phadnis.

HSBC downgrades Indian stock markets to 'neutral' from 'overweight' for 2025

HSBC downgrades Indian stock markets to 'neutral' from 'overweight' for 2025

Rediff.com6 days ago

As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral". In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated. After annualized growth of 25 per cent in recent years, profits appear to have softened while valuations are elevated at 23x forward earnings.

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