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Want To Invest In Silver? Read This

Want To Invest In Silver? Read This

Rediff.com5 Dec 2023

Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'

'What is predominant in India is disguised unemployment'

'What is predominant in India is disguised unemployment'

Rediff.com1 Dec 2023

'When you do some job for a few hours, you are hardly earning enough to survive.'

'The real GDP was captured better'

'The real GDP was captured better'

Rediff.com1 Dec 2023

'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'

2 Dabur cos get relief in multiple lawsuits in US court

2 Dabur cos get relief in multiple lawsuits in US court

Rediff.com15 Nov 2023

In a relief to FMCG major Dabur, two of its foreign subsidiaries, Dabur International and Dermoviva Skin Essentials, have been removed as a defendant in multiple lawsuits filed in a US court over allegations that their hair-relaxer products caused ovarian cancer, uterine cancer and other related health issues. However, lawsuits filed against its third international subsidiary Namaste Laboratories LLC, would continue before the US District Court for the Northern District of Illinois, according to a statement from Dabur on Wednesday. Dabur International and Dermoviva were removed and got relief in the multiple suits due to lack of jurisdiction as they have not either manufactured, marketed, distributed or sold hair relaxer products in the US, it added.

'Lacklustre Market Is Good Time To Invest'

'Lacklustre Market Is Good Time To Invest'

Rediff.com1 Nov 2023

'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'

Tips To Buy A House Through A Broker

Tips To Buy A House Through A Broker

Rediff.com10 Oct 2023

Try to assess whether the broker has good knowledge of the prices prevailing in the area you are interested in, and is able to provide the pros and cons of various projects.

Festivities, polls prompt govt to keep tabs on food price movement

Festivities, polls prompt govt to keep tabs on food price movement

Rediff.com28 Sep 2023

Amid the ongoing festival season and ahead of the elections for five state assemblies, the Centre is closely monitoring inflation, particularly in food items, to enable it to take steps to increase their supplies. "There is a complete no-nonsense attitude when it comes to food inflation, and instructions have been issued at all levels to be very sensitive to any possible price movements in any commodity," a senior official explained. Sources have said that all departments dealing with food items have been instructed to keep a close eye on all commodities and maintain a weekly record of their price movements.

The State Has Rolled The Dice Of Growth

The State Has Rolled The Dice Of Growth

Rediff.com25 Sep 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

Cipla on the block: Who's a better fit and what it means for shareholders?

Cipla on the block: Who's a better fit and what it means for shareholders?

Rediff.com21 Sep 2023

India's third-largest pharmaceutical company by revenue, Cipla, is up for grabs in a three-way fight between Torrent Pharmaceuticals, Dr Reddy's Laboratories (DRL) and private equity (PE) giant Blackstone. Analysts say it is more likely for a strategic investor like Torrent or DRL to acquire Cipla than a PE firm, which may not derive healthy returns at Cipla's current market price (CMP) after the recent gains.

Why Odds Are Against New Mutual Funds

Why Odds Are Against New Mutual Funds

Rediff.com21 Sep 2023

Meaningful market share would go to those who have the distribution strength to push their products, such as banks.

Go to other states and burst firecrackers: SC hands-off on Delhi ban

Go to other states and burst firecrackers: SC hands-off on Delhi ban

Rediff.com13 Sep 2023

The Supreme Court on Wednesday refused to interfere with the Delhi government's order putting a comprehensive ban on manufacturing, storage, sale and bursting of firecrackers in the city, saying people's health is important.

Nifty closes at record high; Sensex gains 246 points

Nifty closes at record high; Sensex gains 246 points

Rediff.com13 Sep 2023

Titan, IndusInd Bank, Axis Bank, State Bank of India, Power Grid, NTPC and Tata Motors were among the among the major gainers. Mahindra & Mahindra, Larsen & Toubro, Nestle, JSW Steel, Infosys and Tata Consultancy Services, Tech Mahindra and Maruti were the major laggards.

Aviation stocks may lose altitude over ATF prices, traffic seasonality

Aviation stocks may lose altitude over ATF prices, traffic seasonality

Rediff.com11 Sep 2023

Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.

Services sector pushes India's Q1 GDP growth to four-quarter high of 7.8%

Services sector pushes India's Q1 GDP growth to four-quarter high of 7.8%

Rediff.com31 Aug 2023

India recorded economic growth of 7.8 per cent in the April-June quarter of 2023-24 against 13.1 per cent in the year-ago period, as per the National Statistical Office (NSO) data released on Thursday. India remains the fastest-growing major economy as China's GDP growth in the April-June quarter was 6.3 per cent.

World lauds ISRO for Chandrayaan-3's success

World lauds ISRO for Chandrayaan-3's success

Rediff.com23 Aug 2023

India scripted history as the ambitious third Moon mission of the Indian Space Research Organisation (ISRO) touched down on the Moon's south pole, propelling the country to an exclusive club of four and making it the first nation to land on the uncharted surface.

Qatar fund to acquire around 1% stake in Reliance Retail for Rs 8,278 cr

Qatar fund to acquire around 1% stake in Reliance Retail for Rs 8,278 cr

Rediff.com23 Aug 2023

Qatar Investment Authority (QIA) will acquire around 1 per cent stake in Reliance Retail Ventures Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, by investing Rs 8,278 crore ($1 billion). A QIA's wholly-owned subsidiary will make the investment in India's largest retailer at a valuation of Rs 8.278 lakh crore ($100 billion). Updating about the development, Reliance Industries in a regulatory filing said: "QIA's investment will translate into a minority equity stake of 0.99 per cent in RRVL on a fully-diluted basis." RRVL is the holding company for all retail businesses of Reliance Industries Ltd (RIL).

Street positive on Trent after a strong Q1 results, sales trajectory

Street positive on Trent after a strong Q1 results, sales trajectory

Rediff.com22 Aug 2023

Riding on strong June-quarter numbers and positive brokerage outlook, the stock of retail major Trent hit a fresh all-time high on Monday (August 14). The stock has gained 14 per cent in five trading sessions. Continuing the trend of strong revenue growth over the last few quarters, the company posted 53.5 per cent year-on-year (Y-o-Y) growth in top line to Rs 2,536 crore in the June quarter (first quarter of financial year 2023-24 or Q1FY24).

ITC AGM, Q1FY24 nos: When will the stock break out from consolidation mode?

ITC AGM, Q1FY24 nos: When will the stock break out from consolidation mode?

Rediff.com20 Aug 2023

The "asset-right" strategy, reiterated by ITC chairman Sanjiv Puri during the company's 112th annual general meeting (AGM) on August 11, received a thumbs up from the analysts. They, however, believe that sustained earnings growth and synergies with the demerged hotel's vertical will help the stock break out from the ongoing consolidation. "The stock is expected to consolidate between Rs 420 and Rs 450 in the near future.

Now doctors can refuse treating violent patients; can't endorse drug brand

Now doctors can refuse treating violent patients; can't endorse drug brand

Rediff.com11 Aug 2023

The National Medical Commission in the Professional Conduct Regulations also bar doctors from endorsing any drug brand, medicine or equipment, or advertise them.

Debt Collection Goes Digital

Debt Collection Goes Digital

Rediff.com10 Aug 2023

Companies don't have to be in the field to nudge people to return money they owe lenders.

No let up in monsoon fury in Himachal, death toll rises to 18; 300 stranded

No let up in monsoon fury in Himachal, death toll rises to 18; 300 stranded

Rediff.com11 Jul 2023

Chief Minister Sukhvinder Singh Sukhu said efforts are on to rescue the 300 stranded people, and they could be airlifted as the weather clears. Power and water supply has been snapped in several areas.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com9 Jul 2023

Trading in the equity market this week will be highly influenced by a host of important triggers, with quarterly earnings from IT majors TCS, Wipro, and domestic inflation and IIP data taking the centre stage in dictating the movement in equities, analysts said. Besides, global factors and trading activity of foreign investors will also drive markets. "We are approaching the first quarter earnings season, with HCL Tech, TCS and Wipro set to report their earnings this week.

Strong FPI flows, buoyant retail sentiment to keep bulls snorting

Strong FPI flows, buoyant retail sentiment to keep bulls snorting

Rediff.com3 Jul 2023

Indices across Indian equity markets have edged towards new record highs before undergoing a small correction in the past few sessions. The National Stock Exchange Nifty has gained 20 per cent in the past year; mid-caps (up 33 per cent), small-caps (up 31 per cent), and micro-caps (up 44 per cent) have done better. Several factors have precipitated this rally.

Indian Millennials Spend Rs 4K A Month On Fitness

Indian Millennials Spend Rs 4K A Month On Fitness

Rediff.com30 Jun 2023

India is among the top three emerging markets in the wellness economy.

India Needs Insulation From Grey Rhinos

India Needs Insulation From Grey Rhinos

Rediff.com27 Jun 2023

India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.

How Much Internet Shutdowns Cost India

How Much Internet Shutdowns Cost India

Rediff.com27 Jun 2023

India has incurred the third highest losses globally due to Internet shutdowns in 2023.

'We couldn't imagine this 15 years ago'

'We couldn't imagine this 15 years ago'

Rediff.com16 Jun 2023

'At the heart of the strategic relationship between our countries are economic ties.'

Let's Hope India Gets Lucky With Growth

Let's Hope India Gets Lucky With Growth

Rediff.com2 Jun 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

Are India's Toppers Ready For Life?

Are India's Toppers Ready For Life?

Rediff.com31 May 2023

I feel it is utterly silly to disproportionately celebrate academic achievements in school and college when there is so much life and transformation by life yet to happen, states Shyam G Menon.

Govt Expects Windfall From RBI

Govt Expects Windfall From RBI

Rediff.com25 May 2023

While the fiscal year has just begun, any windfall surplus will be welcomed by the government as it bids to meet the fiscal deficit target of 5.9 per cent of GDP, amidst lack of clarity on exactly to what extent will recession in the West impact India's trade and tax collections.

Delhi sizzles as temperature soars above 46 degrees C, strains power grids

Delhi sizzles as temperature soars above 46 degrees C, strains power grids

Rediff.com22 May 2023

The mercury soared to 46.2 degrees Celsius at Najafgarh, making it the hottest place in the capital.

Gosh! Is That A Tiger On The Streets Of Indore?

Gosh! Is That A Tiger On The Streets Of Indore?

Rediff.com18 May 2023

Tiger was roaming in the streets of Indore on May 08. A state of panic ensued in the area after the incident.

Downside risks weigh on growth forecast: FinMin

Downside risks weigh on growth forecast: FinMin

Rediff.com26 Apr 2023

India's economy continues to be robust, but downside risks such as rising crude oil prices, adverse weather conditions, and the global banking crisis outweigh the upside potential in gross domestic product (GDP) growth in the current financial year (FY24), the finance ministry said on Tuesday in its Monthly Economic Review for March. "We reiterate that downside risks to our official forecast of 6.5 per cent for real GDP growth in FY24 dominate upside risks," the review said. "Opec's surprise production cut has seen oil prices rise in April, off their lows of low-seventies per barrel in March.

What's Greenwashing?

What's Greenwashing?

Rediff.com21 Apr 2023

Greenwashing is making misleading or false environment-friendly claims about a product. Consumers in India currently do not have any way of telling whether a claim is authentic or greenwashing. And one never hears of action against any company for making false claims of being environment-friendly.

90% India in 'danger zone' of heatwave impacts: Study

90% India in 'danger zone' of heatwave impacts: Study

Rediff.com20 Apr 2023

Heatwaves claimed more than 17,000 lives in 50 years in India, according to a paper authored by M Rajeevan, former secretary of Ministry of Earth Sciences, along with scientists Kamaljit Ray, S S Ray, R K Giri and A P Dimri.

Mutual funds' equity bets touch record Rs 1.73 trillion in FY23

Mutual funds' equity bets touch record Rs 1.73 trillion in FY23

Rediff.com15 Apr 2023

Mutual funds (MFs) invested a record Rs 1.73 trillion in equities in the financial year 2022-23 (FY23), providing strong support to the Indian markets at a time when foreign investors were redeeming their holdings. They exceeded the previous high of nearly Rs 1.72 trillion investment in equities in FY22. The data from the Securities and Exchange Board of India (Sebi) shows MFs were net buyers in the equity market in eleven of the twelve months last financial year.

How India Saved More Than 100,000 Lives

How India Saved More Than 100,000 Lives

Rediff.com15 Mar 2023

The vaccination drive was only one important part of India's globally recognised pandemic management and response strategy, observes Dr Vinod K Paul.

An Indian American in the White House?

An Indian American in the White House?

Rediff.com13 Mar 2023

What would an Indian American president of the US look like, sound like and act like, especially on issues and policies pertaining to his or her 'mother-land'?, asks N Sathiya Moorthy.

'Heat wave kills people on a large scale'

'Heat wave kills people on a large scale'

Rediff.com23 Feb 2023

'Already, the temperature has touched 39 degrees in some parts of Gujarat and now we are in the last week of February.' 'We need to activate the heat action plan from March 1.'

Big Tech Is Rushing To Train AI In Local Languages

Big Tech Is Rushing To Train AI In Local Languages

Rediff.com21 Feb 2023

Indian mobile and Web consumers speak in 30 languages and around 1,600 dialects.

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