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Clubhouse's Challenge to Facebook/Twitter

Clubhouse's Challenge to Facebook/Twitter

Rediff.com3 Jul 2021

Like the other platforms, the Clubhouse will have more users in India than anywhere else because of the interest we have in knowing what others are doing and in letting others know about our activities, predicts T P Sreenivasan.

'We are on week to week business planning'

'We are on week to week business planning'

Rediff.com25 Jun 2021

'The fundamentals look strong, but we will have to see if they translate into actual demand.' 'Because the April-May marriage season didn't see much sales due to the lockdown.'

India blundered along, exactly as every other country did

India blundered along, exactly as every other country did

Rediff.com23 Jun 2021

Not to say that India couldn't have handled the situation better, but on average, it didn't do anywhere near as badly as the naysayers make it out argues Rajeev Srinivasan.

Pfizer in final stages of vaccine deal with India: CEO

Pfizer in final stages of vaccine deal with India: CEO

Rediff.com22 Jun 2021

United States Pharma giant Pfizer is in the final stages of an agreement with India to supply anti-COVID-19 vaccines, Chief Executive Officer Dr Albert Bourla said on Tuesday, observing that the domestically manufactured vaccines would be the backbone of vaccinating the Indian people.

Why has SBI's stock risen 127.46%?

Why has SBI's stock risen 127.46%?

Rediff.com16 Jun 2021

Why are investors gung-ho about State Bank? asks Tamal Bandyopadhyay.

Paytm to raise $1.5 bn via primary issue of shares ahead of IPO

Paytm to raise $1.5 bn via primary issue of shares ahead of IPO

Rediff.com8 Jun 2021

Paytm will look to raise up to $1.5 billion as part of primary share sale, leading up to its initial public offering (IPO), which is planned for November, a person familiar with the developments said. The company is looking to file its draft red herring prospectus (DRHP) by July, according to sources. According to this person, though the details of the listing are being worked out, Paytm may take the qualified institutional buyer (QIB) route to list and issue fresh equity to raise funds.

Vaccines: Look to Russia, not US!

Vaccines: Look to Russia, not US!

Rediff.com3 Jun 2021

An alert government in Delhi should have begun government-to-government discussions with Moscow the moment it came to know that Russians were developing a vaccine. That is to say, almost an year's time has been lost, observes Ambassador M K Bhadrakumar.

Study Abroad: 10 Tips to get an Education Loan

Study Abroad: 10 Tips to get an Education Loan

Rediff.com3 Jun 2021

Ankit Mehra, founder and CEO, GyanDhan, an education financing marketplace, tells you how to apply for an education loan in the pandemic.

India may have LOST 10-12% of GDP growth FOREVER

India may have LOST 10-12% of GDP growth FOREVER

Rediff.com28 May 2021

India's likely medium-term potential growth will almost certainly be markedly lower than that experienced in pre-pandemic years, warns Shankar Acharya, former chief economic advisor to the Government of India.

Covid 2nd wave on downswing, cases declining for 20 days: Govt

Covid 2nd wave on downswing, cases declining for 20 days: Govt

Rediff.com27 May 2021

A steady decline in new COVID-19 cases has been recorded in India for the last 20 days, with 24 states witnessing a dip in active cases since the last week, the Union health ministry said.

More companies should be allowed to produce vaccines: Gadkari

More companies should be allowed to produce vaccines: Gadkari

Rediff.com19 May 2021

Union Minister Nitin Gadkari on Tuesday said that more pharma companies should be allowed to manufacture the COVID-19 vaccine in the country during the pandemic to scale up production.

WHO reminds Serum Institute of COVAX commitments

WHO reminds Serum Institute of COVAX commitments

Rediff.com18 May 2021

COVAX, 'the global COVID vaccine equity scheme', has so far delivered 65 million doses to 124 countries and economies but it is dependent on countries and manufacturers honouring their commitments.

Blame game at this juncture is suicidal

Blame game at this juncture is suicidal

Rediff.com12 May 2021

To build one's political and ideological arguments on the dead bodies piling up outside our crematoriums is despicable and breaches the basic tenet of human civility, argues Vivek Gumaste.

Why India's healthcare system is near collapse today

Why India's healthcare system is near collapse today

Rediff.com10 May 2021

Shortage of ICU beds, oxygen, ventilators, vaccines, doctors, nurses and crematorium space in India has dominated headlines around the world in the past few weeks with Covid-19 cases surging beyond control and the government failing to deliver. Yes, election rallies, Kumbh Mela, blatant flouting of social distancing and mask protocols coupled with a messy vaccination process are said to be responsible for the health crisis of colossal proportions that India is facing today. But an analysis of Budget speeches made by finance ministers over 75 years also offers a glimpse of how low on the priority list healthcare has featured for the political class and policy-makers, which is a significant reason for the current situation.

Anti-Covid drug developed by DRDO cleared for emergency use

Anti-Covid drug developed by DRDO cleared for emergency use

Rediff.com8 May 2021

It said clinical trials of the drug 2-deoxy-D-glucose (2-DG) showed that it helps in faster recovery of hospitalised patients and reduces supplemental oxygen dependence.

Tamil Nadu announces 'total lockdown' from May 10 to 24

Tamil Nadu announces 'total lockdown' from May 10 to 24

Rediff.com8 May 2021

With Tamil Nadu witnessing a sharp increase in the covid-19 cases, the government on Saturday announced clamping a two-week 'total lockdown' across the state to curb the spread of the pandemic.

'Modi govt failed to understand or to tackle COVID'

'Modi govt failed to understand or to tackle COVID'

Rediff.com1 May 2021

As India logged a world record of over four lakh coronavirus infections on Saturday, Congress leader Rahul Gandhi said the entire world is shaken by what is happening here and accused Prime Minister Narendra Modi of "dropping the ball and throwing it to states" after prematurely taking credit for having "won against COVID-19" when the second wave was already underway. "Rely on yourself is the motto. No one will come to help you. Definitely, not the prime minister," Gandhi said, while alleging that the COVID-19 situation has gone completely out of control for the Modi government, and wondered whether it was their way of making the states and the citizens truly 'Aatmanirbhar'.

Centre waives off customs duty on oxygen, vaccines

Centre waives off customs duty on oxygen, vaccines

Rediff.com24 Apr 2021

This will boost availability of these items as well as make them cheaper, it said, adding that Modi also directed the revenue department to ensure seamless and quick custom clearance of such equipment.

How Serum and Bharat battled for COVID-19 vaccine

How Serum and Bharat battled for COVID-19 vaccine

Rediff.com23 Apr 2021

There were apprehensions in the SII about rival Bharat Biotech's 'indigenous' tag, opening up shortcuts for it. One senior person, who was very familiar with the sector, told me, 'The message has gone out from the very top. Somani (V G Somani -- drug controller general of India) has told me "Bharat ka karna hai".' A fascinating excerpt from Abantika Ghosh's Billions Under Lockdown: The Inside Story Of India's Fight Against COVID-19.

COVID-19 surge: More states opt for lockdown-like curbs

COVID-19 surge: More states opt for lockdown-like curbs

Rediff.com20 Apr 2021

The Centre stressed that the next three weeks will be critical for the country reeling from the worst health crisis as it announced a series of measures to shore up medical infrastructure and supplies and scale up vaccination.

All above 18 years to get COVID-19 vaccine from May 1

All above 18 years to get COVID-19 vaccine from May 1

Rediff.com19 Apr 2021

Based on this price, state governments, private hospitals, industrial establishments, etc would be able to procure vaccine doses from the manufacturers.

What makes this loss-making steel co so attractive?

What makes this loss-making steel co so attractive?

Rediff.com14 Apr 2021

India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.

'Why did the government delay the vaccine?'

'Why did the government delay the vaccine?'

Rediff.com14 Apr 2021

'The government had a vaccine from January.' 'The government should have given the vaccine to all population above the age of 45, right from the start.' 'Each state has its own problems, but as far as vaccine coverage in India is concerned, there have been mistakes.'

RBI retains GDP growth forecast at 10.5% for FY'22

RBI retains GDP growth forecast at 10.5% for FY'22

Rediff.com7 Apr 2021

The Reserve Bank of India on Wednesday retained the economic growth projection for the current financial year at 10.5 per cent, while cautioning that the recent surge in COVID-19 infections has created uncertainty over the economic growth recovery. In its last policy review, the RBI had projected a GDP growth rate of 10.5 pc for FY'22. Taking various factors into consideration, it said, "the projection of real GDP growth for 2021-22 is retained at 10.5 per cent consisting of 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4."

IMF ups India's growth forecast to impressive 12.5% in 2021

IMF ups India's growth forecast to impressive 12.5% in 2021

Rediff.com6 Apr 2021

The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic. The Washington-based global financial institution, in its annual World Economic Outlook ahead of the annual Spring meeting with the World Bank, said the Indian economy is expected to grow by 6.9 per cent in 2022. Notably in 2020, India's economy contracted by a record eight per cent, the International Monetary Fund (IMF) said as it projected an impressive 12.5 per cent growth rate for the country in 2021.

Anish Shah is new MD-CEO of Mahindra group

Anish Shah is new MD-CEO of Mahindra group

Rediff.com27 Mar 2021

When Anand Mahindra becomes non-executive chairman in November, Shah will become the first professional MD and CEO in the history of the Mahindra group to have a complete oversight of and responsibility for the Mahindra group businesses.

Year after Janata curfew, Covid rears its ugly head again

Year after Janata curfew, Covid rears its ugly head again

Rediff.com22 Mar 2021

Millions of people across the country stayed indoors on March 22, 2020 in an unprecedented and overwhelming response to Prime Minister Narendra Modi's appeal for the nationwide curfew. People used to come out briefly at 5 pm to show their gratitude to healthcare and other essential service providers with sounds of bells, conches and claps.

Bharat Biotech's Krishna Ella wins Covaxin fight

Bharat Biotech's Krishna Ella wins Covaxin fight

Rediff.com22 Mar 2021

'He came back from the US only to work for his country.' 'He has invested his fortunes to build this company and is married to his work.' 'Rarely does one see such commitment.'

Maha, Punjab tighten curbs amid surge in COVID-19 cases

Maha, Punjab tighten curbs amid surge in COVID-19 cases

Rediff.com19 Mar 2021

Maharashtra and Punjab, which are recording a surge in new COVID-19 cases, tightened curbs on Friday and the chief minister of the western state said lockdown is an option, as India added close to 40,000 cases in the biggest daily increase in nearly four months.

How we can DEFEAT COVID-19

How we can DEFEAT COVID-19

Rediff.com17 Mar 2021

'If people are not cooperating and do not follow policies laid down by the government or follow scientific infection control management, then all will be lost.'

Didn't ask rape accused to marry victim: CJI

Didn't ask rape accused to marry victim: CJI

Rediff.com8 Mar 2021

Several women's rights activists, eminent citizens, intellectuals, writers and artistes had also penned an open letter to the chief justice demanding an apology and retraction of the remarks.

IIM-C records 100% placement, avg salary up by 4%

IIM-C records 100% placement, avg salary up by 4%

Rediff.com8 Mar 2021

172 firms participated in the final placement process.

4 ways Nirmalaji's Budget is different

4 ways Nirmalaji's Budget is different

Rediff.com6 Mar 2021

But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.

COVID-19: You may need a 'vaccine passport' to fly around the world

COVID-19: You may need a 'vaccine passport' to fly around the world

Rediff.com15 Feb 2021

Several companies and technology heavyweights including Microsoft, Oracle and Salesforce are working to create a digital vaccination passport or health passport app in the hope that governments and airlines will require travellers to upload details of their Covid-19 tests and immunisation. The vaccine passport will effectively create digital credentials that could be the key to attending crowded events or even visiting countries.

Govt to sell 20% in National Fertilizers, could rake in Rs 410 cr

Govt to sell 20% in National Fertilizers, could rake in Rs 410 cr

Rediff.com11 Feb 2021

The government has revised its divestment target downwards from Rs 2.1 trillion, as its ambitious privatisation programme has been deferred to next year.

Jeff Bezos to step down as Amazon CEO; Andy Jassy named successor

Jeff Bezos to step down as Amazon CEO; Andy Jassy named successor

Rediff.com3 Feb 2021

Billionaire Jeff Bezos, who founded Amazon as an online bookseller nearly three decades ago, will step down as the CEO of the $1.7 trillion global retail giant in the third quarter of 2021 with Andy Jassy being named his successor.

WHO experts visit Wuhan wet market

WHO experts visit Wuhan wet market

Rediff.com31 Jan 2021

The wet market was where a variety of live animals were traded until it was shut down following fears that the coronavirus had jumped to humans either from bats or pangolins.

FULL TEXT: President's address to Parliament

FULL TEXT: President's address to Parliament

Rediff.com29 Jan 2021

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.

India foiled expansionist move in Ladakh: Prez on R-Day eve

India foiled expansionist move in Ladakh: Prez on R-Day eve

Rediff.com25 Jan 2021

"Though we reiterate our commitment to peace, our defence forces -- the army, the air force and the navy -- are adequately mobilised in a well-coordinated move to thwart any attempt to undermine our security. Our national interest will be protected at all costs. We have also ensured a widespread understanding in the international community of India's firm and principled stand," the President said. India and China are locked in a nearly nine-month long military standoff in eastern Ladakh.

FULL TEXT: President's address on the eve of 72nd Republic Day

FULL TEXT: President's address on the eve of 72nd Republic Day

Rediff.com25 Jan 2021

Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 72nd Republic Day.

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