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RBI's inflation caution may halt FMCG rally

RBI's inflation caution may halt FMCG rally

Rediff.com11 Oct 2024

The Reserve Bank of India's (RBI's) caution on inflation, highlighted during the recent monetary policy meeting, may put investors' faith in fast moving consumer goods (FMCG) stocks to test, analysts said. They, however, believe FMCG stocks may ride through this near-term investor anxiety as related companies are, typically, well-equipped to handle inflation due to their pricing power and steady demand for essential goods.

Kishan, Iyer eye redemption as Ranji Trophy kicks off

Kishan, Iyer eye redemption as Ranji Trophy kicks off

Rediff.com10 Oct 2024

Shreyas Iyer would be aiming to revive his start-stop international career, while Ishan Kishan would aim to clear the popular perception about his allegedly 'misplaced priorities'.

J&K: The Message Is Loud And Clear...

J&K: The Message Is Loud And Clear...

Rediff.com9 Oct 2024

There is a limit to ignoring genuine aspirations of the people and suppressing their legitimate voice in running the affairs of the state, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.

Once kingmaker, JJP bites dust; flop show by INLD too

Once kingmaker, JJP bites dust; flop show by INLD too

Rediff.com8 Oct 2024

Jannayak Janta Party, which had emerged as the kingmaker last assembly polls, was decimated this time round, while the Indian National Lok Dal also failed to create much impact, with prominent leaders of both outfits Dushyant Chautala and Abhay Singh Chautala losing their seats.

Global Chess: Firouzja remains undefeated as Kings win

Global Chess: Firouzja remains undefeated as Kings win

Rediff.com8 Oct 2024

Reigning champions Triveni Continental Kings secured a 10-8 win over upGrad Mumba Masters in the opening match on day five of the Tech Mahindra Global Chess League in London on Monday.

The Maggie Smith I Knew

The Maggie Smith I Knew

Rediff.com7 Oct 2024

'Maggie was very reserved and private. Nobody would dare to ask Maggie personal questions.' 'She was not that kind of person. She didn't share and would not want you to share either!'

'Markets Not In Panic Yet, But...'

'Markets Not In Panic Yet, But...'

Rediff.com7 Oct 2024

'If you see another 1000-point correction, people may start panicking.'

Pant's Break Turning Point Of T20 WC Final

Pant's Break Turning Point Of T20 WC Final

Rediff.com7 Oct 2024

Rohit Sharma believes the major turning point of the T20 World Cup final was Rishabh Pant taking a break to get taping done on his knee.

No seat deal yet, UP bypolls to test unity of INDIA bloc

No seat deal yet, UP bypolls to test unity of INDIA bloc

Rediff.com6 Oct 2024

Bypolls to 10 assembly seats in Uttar Pradesh will be a litmus test for the Indian National Developmental Inclusive Alliance (INDIA)'s unity after the group's success in the recent Lok Sabha polls when they won more than 40 seats, significantly contributing to the Bharatiya Janata Party's failure to win a simple majority in parliament.

Will Pinarayi Vijayan Survive Ally Anvar's Attack?

Will Pinarayi Vijayan Survive Ally Anvar's Attack?

Rediff.com5 Oct 2024

At a time when none in Kerala's Left politics questioned the chief minister's authority, MLA P V Anvar hurled a series of accusations against Pinarayi Vijayan's government, notes Shyam G Menon.

Markets Expected To Remain Volatile

Markets Expected To Remain Volatile

Rediff.com4 Oct 2024

'As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.'

Listed firms log record operating cash flow of Rs 11.1 trn in FY24

Listed firms log record operating cash flow of Rs 11.1 trn in FY24

Rediff.com2 Oct 2024

Indian companies are generating more cash than ever. The net cash flow from listed firms' operations hit a new high of Rs 11.1 trillion in financial year 2023-24 (FY24), crossing the Rs 10-trillion mark for the first time, according to the Centre for Monitoring Indian Economy (CMIE) data going back to 1990-91. The FY24 figure represents a 19.3 per cent jump over the previous year, even as quite a few companies are yet to release their numbers.

'Gandhiji Gave Me Contentment'

'Gandhiji Gave Me Contentment'

Rediff.com2 Oct 2024

Gandhiji asked me if I had sufficient warm clothes in view of the coming cold season. I said yes. But he verified my statement by asking Miraben to search my bag to make sure. Such was Gandhiji.

Rs steady against $ in CY24, weakens vs euro, pound

Rs steady against $ in CY24, weakens vs euro, pound

Rediff.com30 Sep 2024

The rupee has remained largely stable against the US greenback in the current calendar year (CY 2024), depreciating by just 0.59 per cent so far. However, it has considerably weakened against the euro and pound. The local currency has depreciated by 1.6 per cent against the euro and 5.6 per cent against the pound, as both currencies strengthened against the dollar during this period.

Fire extinguisher on rail track sparks scare in UP

Fire extinguisher on rail track sparks scare in UP

Rediff.com30 Sep 2024

The railway officials launched an investigation jointly with the Railway Protection Force (RPF) and Government Railway Police (GRP) and found there was no criminal intent behind the act.

Former Manchester United defender hangs up boots

Former Manchester United defender hangs up boots

Rediff.com25 Sep 2024

'I have no regrets, I wouldn't change a thing.'

Can Root Overtake Tendulkar?

Can Root Overtake Tendulkar?

Rediff.com24 Sep 2024

From January 1, 2021 to September 9, 2024 -- during which Joe Root hit 17 centuries, Kane Williamson has hit, Steve Smith has made six tons but Virat Kohli has managed just two centuries.

NBFCs throng bond mkt to fund festival credit demand

NBFCs throng bond mkt to fund festival credit demand

Rediff.com18 Sep 2024

A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. On Tuesday, Aptus Value Housing Finance secured Rs 300 crore at an interest rate of 8.75 per cent through bonds maturing in five years. ICICI Home Finance Company turned to the market to raise Rs 275 crore at 7.94 per cent, alongside another Rs 300 crore at 7.95 per cent, through bonds maturing in five and three years, respectively.

Working capital cycle shortest in 25 yrs at 47.8 days

Working capital cycle shortest in 25 yrs at 47.8 days

Rediff.com11 Sep 2024

A key indicator of corporate efficiency may now be better than at any time since the turn of the millennium. The net working capital cycle - a crucial measure that tracks the time a company takes to convert current assets like inventory into sales and then collect the money from customers - has seen remarkable improvement. According to data from the Centre for Monitoring Indian Economy (CMIE), the average company needed nearly 90 days to complete this cycle in 1999-2000.

''Baloch Are Humiliated As Indian Agents'

''Baloch Are Humiliated As Indian Agents'

Rediff.com9 Sep 2024

'It has been 14 years since I began living in exile and it's shocking that the situation in Balochistan has only worsened rather than improved.'

Two killed, 92 hurt as super Typhoon Yagi wreaks havoc in China

Two killed, 92 hurt as super Typhoon Yagi wreaks havoc in China

Rediff.com7 Sep 2024

Yagi, the 11th typhoon of this year, made two landfalls in China on Friday, first striking Hainan and later Guangdong province.

Which is Better? FDs Or Debt MFs?

Which is Better? FDs Or Debt MFs?

Rediff.com5 Sep 2024

Feature for feature, bank FDs are indeed better than debt funds today, mainly thanks to Ms Sitharaman, notes Debashis Basu.

Airfares Rise By 53% As Competition Fades

Airfares Rise By 53% As Competition Fades

Rediff.com5 Sep 2024

Indigo has zero competition on 61.2 per cent of its 838 domestic routes.

Has IPL Lost Its Valuation Lustre?

Has IPL Lost Its Valuation Lustre?

Rediff.com5 Sep 2024

'If tech giants like Amazon, Google, Apple and Meta enter the IPL broadcasting arena, it could further revolutionize sports media in India.'

Can Setty Take SBI To New Heights?

Can Setty Take SBI To New Heights?

Rediff.com4 Sep 2024

It is to be seen if SBI under Setty, who will have a three-year term, can ride the economic cycle to take SBI to new heights, navigating some of these challenges.

PIX: Fritz stuns Zverev, to face Tiafoe in US Open semi-finals

PIX: Fritz stuns Zverev, to face Tiafoe in US Open semi-finals

Rediff.com4 Sep 2024

Images from the US Open men's singles quarter-finals at Flushing Meadows, New York, on Tuesday.

US Open: What Happens When Djokovic Loses

US Open: What Happens When Djokovic Loses

Rediff.com3 Sep 2024

The unpredictable nature of the 2024 US Open has turned it into one of the most thrilling Grand Slam tournaments in recent memory.

Bangladesh sniff series win in Rawalpindi

Bangladesh sniff series win in Rawalpindi

Rediff.com2 Sep 2024

Chasing 185 for victory, Bangaldesh were well-placed on 42 for no loss in seven overs before rain forced the players off the field in the post-tea session.

9 killed as heavy rains lash Telangana; 99 trains cancelled

9 killed as heavy rains lash Telangana; 99 trains cancelled

Rediff.com1 Sep 2024

Due to heavy rains and waterlogging over the tracks at several locations on South Central Railway network, as many as 99 trains were cancelled and four trains were partially cancelled while 54 trains were diverted, an SCR official said.

Viral video shows fitness influencer Rajat Dalal knocking down biker

Viral video shows fitness influencer Rajat Dalal knocking down biker

Rediff.com30 Aug 2024

The Faridabad police on Friday intervened in the matter of a viral video which is creating outrage on social media and said they will take immediate action against Rajat Dalal.

As steel stocks falter, a silver lining for investors

As steel stocks falter, a silver lining for investors

Rediff.com28 Aug 2024

Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. The stocks have declined up to 9 per cent on the NSE in one month, likely allowing investors an opportunity to use the correction to enter the pack as pricing pressure eases. "In steel or any other commodity, if prices or spreads are nearing their bottom, it can be an opportune time to invest in those stocks.

35-ft Shivaji Maharaj statue, unveiled by Modi, collapses in Maha

35-ft Shivaji Maharaj statue, unveiled by Modi, collapses in Maha

Rediff.com27 Aug 2024

Modi unveiled the statue on December 4 last year on the occasion of Navy Day. He also participated in the celebrations at the fort.

Navy team to probe Shivaji statue collapse in Maharashtra

Navy team to probe Shivaji statue collapse in Maharashtra

Rediff.com27 Aug 2024

In a late-night statement, the Navy said it has deputed a team to immediately investigate the cause of the "unfortunate accident" and initiate steps to repair, restore and reinstate the statue at the earliest.

Pvt insurers ceded ground in rural areas in FY24; Tier-II,-III saw growth

Pvt insurers ceded ground in rural areas in FY24; Tier-II,-III saw growth

Rediff.com26 Aug 2024

The share of life insurance policies sold by top private insurers in the rural areas declined in the financial year 2023-24 (FY24) compared to previous year. SBI Life, HDFC Life, ICICI Prudential Life Insurance -- the top three players from the private sector-- have seen the share of insurance policies sold in rural areas drop in FY24 as compared to the previous financial year. Max Life Insurance's share of rural policies recorded an increase in FY24.

After monsoon lull, price pressure, are cement stocks worth buying?

After monsoon lull, price pressure, are cement stocks worth buying?

Rediff.com26 Aug 2024

The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.

Gratitude-filled Dhawan bids cricket goodbye

Gratitude-filled Dhawan bids cricket goodbye

Rediff.com24 Aug 2024

The 38-year-old made his international debut in 2010 in an ODI against Australia in Visakhapatnam and his last India game was also a 50-over match, against Bangladesh in 2022.

'Male Bestie Wants Casual Relationship'

'Male Bestie Wants Casual Relationship'

Rediff.com23 Aug 2024

Decide on the pros and cons of what you want from this relationship. If you do go for something casual, detach your emotions, advises rediffGURU Shalini Singh.

Fit-again Umran eyes strong comeback in Duleep Trophy

Fit-again Umran eyes strong comeback in Duleep Trophy

Rediff.com23 Aug 2024

Umran Malik has fully recovered from dengue and is fully focused on delivering his best performance at the upcoming Duleep Trophy.

China Threat Leads India Japan To Boost Defence Ties

China Threat Leads India Japan To Boost Defence Ties

Rediff.com22 Aug 2024

The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.

As steel stocks falter, a silver lining for investors

As steel stocks falter, a silver lining for investors

Rediff.com21 Aug 2024

Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. The stocks have declined up to 9 per cent on the NSE in one month, likely allowing investors an opportunity to use the correction to enter the pack as pricing pressure eases. "In steel or any other commodity, if prices or spreads are nearing their bottom, it can be an opportune time to invest in those stocks. In India, domestic fundamentals such as steel consumption remain robust, hence one can take fresh positions in these counters," said Amit Dixit, an analyst at ICICI Securities.

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