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Leclerc raises Ferrari hopes with Italian GP pole

Leclerc raises Ferrari hopes with Italian GP pole

Rediff.com11 Sep 2022

Charles Leclerc seized pole position for the Italian Formula One Grand Prix and sent Ferrari hopes soaring on Saturday while Mercedes' George Russell joined him on the front row once penalties were applied.

Infra assets worth over Rs 1.62 lakh cr to be monetised this fiscal: FinMin

Infra assets worth over Rs 1.62 lakh cr to be monetised this fiscal: FinMin

Rediff.com8 Aug 2022

Infrastructure assets worth over Rs 1.62 lakh crore are expected to be monetised during the current fiscal, Parliament was informed on Monday. The government had last year announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) to unlock value in infrastructure assets across sectors, ranging from power to road and railways in four years till 2025. In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said about Rs 97,000 crore worth of public assets were monetised in the last fiscal (2021-22).

Sensex climbs 465 points; Nifty ends above 17,500

Sensex climbs 465 points; Nifty ends above 17,500

Rediff.com8 Aug 2022

The 30-share BSE gauge climbed 465.14 points or 0.80 per cent to finish at 58,853.07. During the day, it jumped 546.97 points or 0.93 per cent to 58,934.90.

Markets bounce back after a day's breather post RBI policy

Markets bounce back after a day's breather post RBI policy

Rediff.com5 Aug 2022

Equity benchmarks ended modestly higher on Friday after the Reserve Bank raised the key interest rate in an effort to cool stubbornly high inflation and defend the rupee. Continuous foreign fund inflows into the capital markets and softening crude oil prices also helped the bourses regain momentum, traders said. The 30-share BSE Sensex ended 89.13 points or 0.15 per cent higher at 58,387.93 after facing volatility during the fag-end of trade. During the day, it climbed 350.39 points or 0.60 per cent to 58,649.19. The broader NSE Nifty went up by 15.50 points or 0.09 per cent to finish at 17,397.50.

Sensex, Nifty end in red on profit booking

Sensex, Nifty end in red on profit booking

Rediff.com4 Aug 2022

Equity benchmarks snapped their six-session rally to close marginally lower on Thursday amid profit booking in banking and energy counters. Investors also stayed on the sidelines ahead of the RBI's policy meet outcome on Friday. In choppy trade, the 30-share BSE Sensex ended 51.73 points or 0.09 per cent lower at 58,298.80. During the day, it hit a low of 57,577.05 and a high of 58,712.66.

Sensex, Nifty close marginally up in volatile trade

Sensex, Nifty close marginally up in volatile trade

Rediff.com2 Aug 2022

The benchmark BSE Sensex and Nifty closed marginally higher in a volatile trade on Tuesday as gains in FMCG, power and energy stocks helped the indices extend gains for a fifth straight day. The 30-share BSE benchmark ended 20.86 points or 0.04 per cent higher at 58,136.36 with 16 of its constituents ending in the red. During the day, it hit a high of 58,328.41 and a low of 57,744.70.

Only 14.4 Judges Per Million Population

Only 14.4 Judges Per Million Population

Rediff.com2 Aug 2022

The number of undertrials is at a historic high and comes at a time when vacancies in the judiciary -- across the lower courts, high courts, and the Supreme Court -- remain high.

Sensex reclaims 58,000-mark tracking firm global trends

Sensex reclaims 58,000-mark tracking firm global trends

Rediff.com1 Aug 2022

Equity benchmark Sensex extended its winning run to the fourth day running on Monday and reclaimed the 58,000-level, tracking firm global trends and fresh foreign fund inflows. Buying in index major Reliance Industries added to the momentum. The 30-share BSE benchmark climbed 545.25 points or 0.95 per cent to settle at 58,115.50. During the day, it jumped 600.42 points or 1 per cent to 58,170.67. The broader NSE Nifty advanced 181.80 points or 1.06 per cent to 17,340.05.

Sensex, Nifty drop nearly 1% on global recession fears

Sensex, Nifty drop nearly 1% on global recession fears

Rediff.com26 Jul 2022

Benchmark BSE Sensex and Nifty closed lower by nearly 1 per cent on Tuesday amid fresh foreign fund outflows and mixed global trends. The 30-share BSE benchmark fell by 497.73 points or 0.89 per cent to settle at 55,268.49, extending its losses for second straight day. During the day, it tanked 562.79 points or 1 per cent to 55,203.43. The broader NSE Nifty declined by 147.15 points or 0.88 per cent to 16,483.85.

Continue ops to wipe out terrorism in J-K: Amit Shah to security forces

Continue ops to wipe out terrorism in J-K: Amit Shah to security forces

Rediff.com25 Aug 2022

Union Home Minister Amit Shah on Thursday reviewed the situation prevailing in Jammu and Kashmir, including the security arrangements along the border with Pakistan, officials said.

India really matters more in this polarised world: Jaishankar

India really matters more in this polarised world: Jaishankar

Rediff.com25 Sep 2022

India has so many relationships, such an ability to communicate and find touch points with different countries and regions.

Sensex reclaims 56K; Nifty gains 114 points

Sensex reclaims 56K; Nifty gains 114 points

Rediff.com22 Jul 2022

Benchmark indices rallied on Friday with the BSE Sensex climbing over 390 points to settle above the 56,000-mark amid fresh buying by foreign funds and largely positive global market trends. Intense buying in banking and finance counters also drove the indices higher. Rising for the sixth straight session, the 30-share BSE benchmark jumped 390.28 points or 0.70 per cent to settle at 56,072.23.

Sensex climbs 284 points to settle at 55,682

Sensex climbs 284 points to settle at 55,682

Rediff.com21 Jul 2022

Benchmark indices bounced back after falling in early trade on Thursday and logged the fifth day of gain amid a decline in crude oil prices and foreign funds inflow. The 30-share BSE Sensex climbed 284.42 points or 0.51 per cent to settle at 55,681.95. During the day, it jumped 340.96 points or 0.61 per cent to 55,738.49. The broader NSE Nifty went higher by 84.40 points or 0.51 per cent to 16,605.25.

'Putin will not use the N-bomb'

'Putin will not use the N-bomb'

Rediff.com18 Aug 2022

'If he were to drop even one nuclear weapon on Europe, it would start a nuclear war that would destroy everybody.'

Sensex gains 345 points at close; FMCG, auto shares shine

Sensex gains 345 points at close; FMCG, auto shares shine

Rediff.com15 Jul 2022

Benchmark BSE Sensex rebounded by 344 points while Nifty closed above the 16,000 level in choppy trade on Friday, snapping the four-day falling streak on renewed buying interest from foreign funds and firm global trends. The 30-share BSE barometer climbed 344.63 points or 0.65 per cent to settle at 53,760.78. During the day, it jumped 395.22 points or 0.73 per cent to 53,811.37.

Sensex tumbles for 2nd day; Infy top drag

Sensex tumbles for 2nd day; Infy top drag

Rediff.com12 Jul 2022

Equity indices nursed losses for the second consecutive session on Tuesday as investors continued to dump IT, banking and FMCG stocks amid a bearish trend in global markets. Unabated foreign fund outflows and the rupee dropping to another record low against the US dollar added to the woes, traders said. Participants were also in wait-and watch mode ahead of release of retail inflation and factory output data.

Sensex falls 87 points on selling in IT counters

Sensex falls 87 points on selling in IT counters

Rediff.com11 Jul 2022

Benchmark indices turned highly volatile in the last hour of trade on Monday, with the Sensex falling 86.61 points after three days of gain amid heavy selling in IT counters and weak trends in global markets. The 30-share BSE benchmark declined 86.61 points or 0.16 per cent to settle at 54,395.23. During the day, it fell by 391.31 points or 0.71 per cent to 54,090.53.

Markets extend rally to 3rd day; Sensex climbs over 300 points

Markets extend rally to 3rd day; Sensex climbs over 300 points

Rediff.com8 Jul 2022

Benchmark indices gained for the third day running on Friday, with the Sensex climbing over 300 points amid mixed global market trends. The 30-share BSE benchmark advanced 303.38 points or 0.56 per cent to settle at 54,481.84. During the day, it jumped 448.68 points or 0.82 per cent to 54,627.14. The broader NSE Nifty went higher by 87.70 points or 0.54 per cent to end at 16,220.60.

Sensex, Nifty rebound over 1% as financials, FMCG shares gain

Sensex, Nifty rebound over 1% as financials, FMCG shares gain

Rediff.com6 Jul 2022

Benchmark stock indices Sensex and Nifty jumped over 1 per cent on Wednesday amid foreign funds turning net buyers of domestic equities after a long gap and positive opening in European stock markets. The 30-share BSE benchmark index climbed 616.62 points or 1.16 per cent to settle at 53,750.97. During the day, it rallied 684.96 points or 1.28 per cent to 53,819.31.

Sensex pares gains to settle over 100 points lower

Sensex pares gains to settle over 100 points lower

Rediff.com5 Jul 2022

Benchmark BSE Sensex on Tuesday gave up intra-day gains to close lower by a little over 100 points on emergence of fag-end selling in FMCG, banking and IT stocks and weak opening in European stock markets. The 30-share BSE index declined 100.42 points or 0.19 per cent to settle at 53,134.35. During the day, it jumped 631.16 points or 1.18 per cent to 53,865.93.

Sensex climbs 327 pts on firm global trends

Sensex climbs 327 pts on firm global trends

Rediff.com4 Jul 2022

The BSE benchmark Sensex climbed 326.84 points on Monday, tracking gains in global equity markets and buying in index majors ICICI Bank and Hindustan Unilever. The 30-share BSE index gained 326.84 points or 0.62 per cent to settle at 53,234.77. During the day, it jumped 394.06 points or 0.74 per cent to 53,301.99. The NSE Nifty went higher by 83.30 points or 0.53 per cent to close at 15,835.35.

Soldiers guarding LoC also battle hostile weather in J-K's Keran sector

Soldiers guarding LoC also battle hostile weather in J-K's Keran sector

Rediff.com7 Sep 2022

These Army posts -- some at the highest altitude of about 12,000 feet -- are the first line of defense against the intruders in these infamous, traditional routes of infiltration. These infiltration routes converge at the mighty Shamsabari range.

PIX: Zhou's horror crash rocks British F1 Grand Prix

PIX: Zhou's horror crash rocks British F1 Grand Prix

Rediff.com3 Jul 2022

The British Formula One Grand Prix was halted and re-started on Sunday after a multi-car opening-lap collision left Chinese driver Guanyu Zhou's Alfa Romeo wedged on its side between the tyre barrier and catch fence.

250 terrorists waiting across LoC, Army steps up vigil to counter intrusion

250 terrorists waiting across LoC, Army steps up vigil to counter intrusion

Rediff.com6 Sep 2022

For the soldiers at this frontier, it's a battle that has to be fought on two fronts -- hostile neighbour and harsh winter, which is approaching.

Sensex falls 111 points; RIL tumbles over 7%

Sensex falls 111 points; RIL tumbles over 7%

Rediff.com1 Jul 2022

Benchmark indices settled lower on Friday, with the Sensex declining 111 points on the back of a sharp fall in index heavyweight Reliance Industries. The BSE benchmark went lower by 111.01 points or 0.21 per cent to settle at 52,907.93. During the day, it tanked 924.69 points or 1.74 per cent to 52,094.25. The NSE Nifty dipped 28.20 points or 0.18 per cent to close at 15,752.05.

F1 PIX: Verstappen wins in Hungary as Leclerc misses out again

F1 PIX: Verstappen wins in Hungary as Leclerc misses out again

Rediff.com31 Jul 2022

Red Bull's Formula One championship leader Max Verstappen won the Hungarian Grand Prix from 10th on the starting grid on Sunday as Ferrari rival Charles Leclerc suffered another strategy nightmare.

Why infiltration bids have reduced in JK: Army officer explains

Why infiltration bids have reduced in JK: Army officer explains

Rediff.com28 Sep 2022

"There are floods. Large number of leaders try to portray militant groups in a good way. A number of militant groups have sent their elements to Balochistan and Sindh for helping people affected by floods," Lt Gen Singh said.

Markets rebound nearly 1% on gains in auto, IT stocks

Markets rebound nearly 1% on gains in auto, IT stocks

Rediff.com23 Jun 2022

Equity benchmark indices Sensex and Nifty bounced back on Thursday to close higher by nearly 1 per cent on gains in banking, IT and auto shares amid mixed global trends. The 30-share BSE Sensex rose by 443.19 points or 0.86 per cent to settle at 52,265.72. During the day, it rallied 694.26 points or 1.33 per cent to 52,516.79. The NSE Nifty advanced 143.35 points or 0.93 per cent to 15,556.65.

Sensex tumbled 709 points following weak global trends

Sensex tumbled 709 points following weak global trends

Rediff.com22 Jun 2022

Equity indices slipped in the negative territory on Wednesday after a two-day breather, with the BSE Sensex tumbling 709.54 points following weak trends in global markets. Unabated foreign fund outflows also played spoilsport for the bourses. The 30-share BSE Sensex tanked 709.54 points or 1.35 per cent to settle at 51,822.53. During the day, it declined 792.09 points or 1.50 per cent to 51,739.98.

Leclerc on pole in France with Verstappen alongside

Leclerc on pole in France with Verstappen alongside

Rediff.com23 Jul 2022

The pole was Leclerc's seventh of the season and 16th of his career.

India Inc's profits fall off record high in April-June quarter

India Inc's profits fall off record high in April-June quarter

Rediff.com22 Aug 2022

Corporate earnings grew in double digits during the April-June 2022 (Q1FY23) quarter but the momentum waned. Overall corporate earnings in the quarter were down sharply from their highs in FY22. The combined net profit of 2,981 listed companies across sectors in the Business Standard sample was up 22.4 per cent YoY to Rs 2.24 trillion in the June quarter, driven by a big jump in the earnings of banks, non-banking lenders, oil & producers, and FMCG companies. Also, earnings in the corresponding quarter a year ago were affected because of the second wave of the Covid pandemic, even though the numbers were a lot better than Q1FY21 when there was a nationwide lockdown.

Artificial intelligence gets a realtime local edge

Artificial intelligence gets a realtime local edge

Rediff.com18 Jul 2022

When computing moved to the cloud, it brought a lot of advantages of managing data at scale. Computation of large sets of information sourced from several locations allowed experts to interpret data at scale with flexibility. Artificial intelligence (AI) played a critical role in helping understand patterns which could lead to business insights. In the new scenario, using AI in the cloud is not enough anymore.

Sensex tumbles over 700 points in early trade

Sensex tumbles over 700 points in early trade

Rediff.com10 Jun 2022

Equity benchmark Sensex declined over 700 points in early trade on Friday, following weakness in IT, banking and finance stocks amid sluggish investor sentiment in global markets. Besides, a weaker rupee also weighed on the domestic equity markets, traders said. The 30-share index was trading 732.39 points lower at 54,587.89 in early deals.

Will F1 welcome an openly gay driver?

Will F1 welcome an openly gay driver?

Rediff.com9 Jun 2022

F1 has had only male drivers on the starting grid since 1976 but has made a push for diversity

Govt setting up high-tech platform under IB to track new age criminals

Govt setting up high-tech platform under IB to track new age criminals

Rediff.com8 Jun 2022

Security and intelligence agencies will soon be provided with a new platform which is technologically advanced, secure and helpful in dealing with new age criminals and anti-social elements, officials said on Wednesday.

Verstappen on pole in Austria as Mercedes crash

Verstappen on pole in Austria as Mercedes crash

Rediff.com9 Jul 2022

Formula One leader Max Verstappen handed his Red Bull team a home pole position for Saturday's sprint race at the Austrian Grand Prix after Mercedes rivals Lewis Hamilton and George Russell crashed in qualifying.

Markets halt 3-day rally; Sensex falls 359 points

Markets halt 3-day rally; Sensex falls 359 points

Rediff.com31 May 2022

Equity benchmarks declined on Tuesday after a three-day rally, with the Sensex falling 359.33 points amid selling in index majors HDFC, Reliance Industries and Infosys. Investors were cautious ahead of release of GDP data, while a jump in crude oil prices also weighed on market sentiment, traders said. The 30-share BSE Sensex went lower by 359.33 points or 0.64 per cent to settle at 55,566.41.

Markets rally over 1%; Sensex jumps 632 points

Markets rally over 1%; Sensex jumps 632 points

Rediff.com27 May 2022

Equity markets extended their rally on Friday, with the Sensex and Nifty jumping over 1 per cent each, in tandem with a positive trend in global equities. Buying in Infosys and banking counters helped markets maintain their winning run. The 30-share BSE Sensex rallied 632.13 points or 1.17 per cent to settle at 54,884.66.

States add 1.1 million families to un-electrified list

States add 1.1 million families to un-electrified list

Rediff.com29 Jun 2022

Two years after the Centre's flagship village electrification scheme Saubhagya concluded with the government claiming 99.9 per cent success, several states have added close to 1.1 million rural households that remain to be connected to the electricity grid. This new list includes earlier unwilling households that have now agreed to have a metered connection and also those built or discovered in the states' surveys since 2019. Assam and Uttar Pradesh are the states that have the majority of such new additions.

Markets reverse early gains in volatile trade; Sensex falls 236 pts

Markets reverse early gains in volatile trade; Sensex falls 236 pts

Rediff.com24 May 2022

Equity indices failed to hold on to morning gains on Tuesday, with the Sensex falling 236 points amid a sell-off in IT stocks and weak trends from global markets. The 30-share BSE benchmark opened higher but could not carry forward the momentum and declined 236 points or 0.43 per cent to settle at 54,052.61. During the day, it hit a low of 53,886.28 and a high of 54,524.37. The broader NSE Nifty dropped 89.55 points or 0.55 per cent to end at 16,125.15.

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