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Why Election 2024 Is So Subdued...

Why Election 2024 Is So Subdued...

Rediff.com22 Apr 2024

'It's dull because this time the election is spread over such a long period.'

'Markets started building on NDA's win since Dec'

'Markets started building on NDA's win since Dec'

Rediff.com5 Apr 2024

'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'

Dalal Street minnows steal the show in FY24

Dalal Street minnows steal the show in FY24

Rediff.com29 Mar 2024

The BSE mid-cap and small-cap stocks have outperformed the benchmark Sensex in 2023-24 with about 62 per cent returns, reflecting buoyant investors' sentiment amid robust macroeconomic conditions in the country and impressive quarterly earnings reported by various firms. As per an analysis, the BSE mid-cap gauge jumped 15,013.95 points or 62.38 per cent in the 2023-24 fiscal, while the small-cap index climbed 16,068.99 points or 59.60 per cent. In comparison, the 30-share BSE Sensex raked in a gain of 14,659.83 points or 24.85 per cent during the fiscal under review.

How Nibe Is Helping Boost India's Defence

How Nibe Is Helping Boost India's Defence

Rediff.com21 Mar 2024

'If you take any ministry of defence project, Nibe is up there, getting orders.'

Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts

Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts

Rediff.com20 Mar 2024

Micro-cap stocks are in the line of fire as market regulator Securities and Exchange Board of India (Sebi) is tightening its noose around investment in small-cap stocks. Given this, analysts suggest investors exit the segment, at least, for the time being. Independent market analyst, Ambareesh Baliga, for instance, said that regulators have gotten worried on the valuation front, though belated, which could prove to be the last straw on the camel's back.

How much will Congress's election guarantees cost?

How much will Congress's election guarantees cost?

Rediff.com19 Mar 2024

'Right to apprenticeship means that anyone below the age of 25 years with a diploma or other qualifications can demand an apprenticeship with a private, a public sector company or a government organisation. And when he/she demands this, it is the obligation of the government to provide it.'

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

'Educated youth prefer to be unemployed rather than under-employed'

'Educated youth prefer to be unemployed rather than under-employed'

Rediff.com11 Mar 2024

'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'

There will be clean-up in polls too: Modi's dig at awards do

There will be clean-up in polls too: Modi's dig at awards do

Rediff.com8 Mar 2024

He presented the first-ever National Creators' Awards at the Bharat Mandapam in the national capital.

Analysts remain selective about space-related stocks

Analysts remain selective about space-related stocks

Rediff.com7 Mar 2024

Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.

'Congress ke paas paisa kahan hai?'

'Congress ke paas paisa kahan hai?'

Rediff.com7 Mar 2024

'Everyone knows there is no point in contesting elections from Gujarat as a Congress candidate because they know they will be wiped out.'

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Rediff.com1 Mar 2024

It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.

'Small mistake': Tamil Nadu minister on China flag in ISRO ad

'Small mistake': Tamil Nadu minister on China flag in ISRO ad

Rediff.com1 Mar 2024

Dravida Munnetra Kazhagam (DMK) leader and Fisheries Minister Anitha Radhakrishnan accepted the mistake on Thursday after the Tamil Nadu government was left red-faced after an advertisement for a new Indian Space Research Organisation (ISRO) that featured a rocket with the flag of China.

Demand For AI Powered PCs Is On Rise

Demand For AI Powered PCs Is On Rise

Rediff.com29 Feb 2024

A computer with NPU can handle a wide range of tasks directly on personal devices without relying on a Cloud service.

From simulator sessions to yoga, astronauts train hard for Gaganyaan

From simulator sessions to yoga, astronauts train hard for Gaganyaan

Rediff.com28 Feb 2024

Training modules also cover academic courses, Gaganyaan flight systems, nicro-gravity familiarisation through parabolic flights, recovery training, mastering of flight procedures and training on crew training simulators, according to ISRO sources.

'Pakistan is sitting on a powder keg'

'Pakistan is sitting on a powder keg'

Rediff.com19 Feb 2024

'Outrage will take place sooner than later, because it's not only that their mandate has been stolen, but the most important issue right now is the sinking economy in Pakistan.' 'Inflation is 26%-27%. It is backbreaking inflation.' 'Food, energy, education, health, which are the primary things that every family requires, is going beyond the reach of the masses.'

Manmohan vs Modi Debate: India Is The Loser

Manmohan vs Modi Debate: India Is The Loser

Rediff.com19 Feb 2024

False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.

How To Deal With Rising Rents

How To Deal With Rising Rents

Rediff.com19 Feb 2024

While tenants can't escape the impact of rising rentals entirely, they can adopt a few strategies to reduce the impact.

Biju Janata Dal backs Vaishnaw in RS polls; no alliance, says BJP

Biju Janata Dal backs Vaishnaw in RS polls; no alliance, says BJP

Rediff.com14 Feb 2024

The Biju Janata Dal on Wednesday announced its support for the candidature of Bharatiya Janata Party's Ashwini Vaishnaw in the upcoming Rajya Sabha elections in Odisha

V-Day: What Designers Suggest For Yami, Mira And You

V-Day: What Designers Suggest For Yami, Mira And You

Rediff.com12 Feb 2024

Understated or elegant, flirty or playful -- whatever your style, these designers have a tip for you.

What Reforms Can We Expect, Modiji?

What Reforms Can We Expect, Modiji?

Rediff.com9 Feb 2024

Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that, notes R Jagannathan.

Coming! New Affordable Housing Scheme

Coming! New Affordable Housing Scheme

Rediff.com5 Feb 2024

The new scheme may be announced before the Lok Sabha elections.

'Money lending has become prudent and conservative'

'Money lending has become prudent and conservative'

Rediff.com2 Feb 2024

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'

Govt plans to make India self-reliant in edible oils

Govt plans to make India self-reliant in edible oils

Rediff.com1 Feb 2024

The government will formulate a strategy to make India self-reliant in edible oils by boosting domestic output of oilseeds and launch a comprehensive programme to support dairy farmers, Finance Minister Nirmala Sitharaman announced on Thursday. India imports a large quantity of edible oils to meet the domestic demand. During the 2022-23 marketing year (November-October), the country imported nearly 165 lakh tonnes of cooking oils, valuing a whopping Rs 1.38 lakh crore.

Likely surge in prices due to Red Sea attacks: FinMin

Likely surge in prices due to Red Sea attacks: FinMin

Rediff.com30 Jan 2024

Prices may go up because of higher energy costs, caused by the rise in shipping charges, with commercial vessels taking a longer route to avoid the troubled Red Sea region, the finance ministry said on Monday. Iran-backed Houthi rebels of Yemen are repeatedly attacking ships in the Red Sea. While the global economy is grappling with challenges such as sticky inflation, sluggish growth, and mounting fiscal pressure, India's external sector could face "potential risks" due to the ongoing geopolitical tensions, according to the finance ministry's report on the review of the Indian economy.

Bumrah didn't do me any favours by bowling like a genius: Wood

Bumrah didn't do me any favours by bowling like a genius: Wood

Rediff.com29 Jan 2024

England getting bamboozled on turning tracks is no longer a "foregone conclusion" and the shock loss in the opening Test has given India a lot to think about ahead of the second game, says visiting team's pace ace Mark Wood.

P2P Lending: Barking Up The Wrong Tree

P2P Lending: Barking Up The Wrong Tree

Rediff.com24 Jan 2024

P2P platforms do not have the safety net. Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it's a recipe for disaster, warns Tamal Bandyopadhyay.

What Assam women did when they saw Rahul Gandhi

What Assam women did when they saw Rahul Gandhi

Rediff.com18 Jan 2024

Hundreds of rural women who gathered to collect forms for a newly announced government scheme in Jorhat district of Assam left their queues to greet Congress leader Rahul Gandhi, who was leading the 'Bharat Jodo Nyay Yatra' through the area on Thursday.

Digital Loan Apps: Boon Or Bane?

Digital Loan Apps: Boon Or Bane?

Rediff.com18 Jan 2024

For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.

India ranks 2nd in time spent on shopping apps

India ranks 2nd in time spent on shopping apps

Rediff.com17 Jan 2024

Indian shoppers accounted for 13 per cent of the total hours spent by mobile users across the globe on their shopping apps in 2023, next only to China in this regard. According to the "State of Mobile -2024" report released a few days ago by data.ai (previously known as App Annie), which looks into various segments of the app economy across the world, in the last calendar year, users in India collectively spent 12.84 billion hours on shopping apps. This represents an increase of over 73 per cent from the time they spent in 2020 and of more than 3.5 per cent over 2022.

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Rediff.com13 Jan 2024

Driven by mega investment proposals from Tata Power, Adani group, Singapore's Sembcorp Industries and Leap Green Energy, among others, the two-day Global Investors Meet 2024 in Tamil Nadu is expecting an infusion of around Rs 6.64 trillion. This is likely to create around 2.69 million direct and indirect jobs in the state. "Due to our tireless efforts and your participation during this Global Investors' Meet, we have attracted an unprecedented Rs 6.64 trillion of investments.

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Rediff.com8 Jan 2024

Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.

Nadal withdraws from Australian Open due to injury

Nadal withdraws from Australian Open due to injury

Rediff.com7 Jan 2024

Rafael Nadal said a MRI scan had shown a micro tear on a muscle.

Aditya-L1 enters final orbit; yet another landmark, says Modi

Aditya-L1 enters final orbit; yet another landmark, says Modi

Rediff.com6 Jan 2024

The Lagrange point 1 (L1) of the Sun-Earth system is about 1.5 million km from the Earth. It is about one per cent of the total distance between the Earth and the Sun.

BJP May Replace Half Its Lok Sabha MPs

BJP May Replace Half Its Lok Sabha MPs

Rediff.com4 Jan 2024

Amit Shah wants to increase the party's nationwide vote share by at least 10 per cent from the 37.7 per cent it secured five years ago and ensure above 50 per cent vote share in the states where it came close to that benchmark, but couldn't cross it.

Insurance claims drop 30-35% during Chennai floods compared to 2015

Insurance claims drop 30-35% during Chennai floods compared to 2015

Rediff.com1 Jan 2024

Yet another first week of December brought familiar scenes of rain, storm, flooding, power outages, and fallen trees. When Cyclone Michaung wreaked havoc, leading to the heaviest rainfall in 47 years in the city, residents of Chennai drew parallels to the devastating floods of 2015. However, initial data on insurance claims suggests that the impact this time may portray a more optimistic scenario.

'Huge demand for life insurance products in India'

'Huge demand for life insurance products in India'

Rediff.com1 Jan 2024

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'

How Should You Invest In A Bull Market?

How Should You Invest In A Bull Market?

Rediff.com29 Dec 2023

The rising market poses a dilemma for investors on whether to continue buying, reduce equity holding, or exit equities altogether.

Have Zomato, Swiggy finally figured out the right recipe?

Have Zomato, Swiggy finally figured out the right recipe?

Rediff.com22 Dec 2023

Something is cooking in online food delivery. After 15 years of grappling with the demands of the business - read cash burn - Gurugram-based Zomato reported its first profit in the first quarter of 2023-24 (FY24). Not satiated, it reported a profit in the following quarter as well: Of Rs 36 crore in the second quarter compared to Rs 2 crore in the first. A year ago, in the second quarter of FY23, it had reported a loss of Rs 251 crore.

Higher credit demand likely to lead to further upsides for banks

Higher credit demand likely to lead to further upsides for banks

Rediff.com13 Dec 2023

The National Stock Exchange Nifty Bank has hit an all-time high. Apart from the bullish sentiment caused by recent Assembly elections, there are signs of economic recovery and credit expansion. Large private banks are trading at relatively low valuation premiums to public sector (PSU) banks compared to historical premium levels.

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