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Some states saw higher inflation than national average, shows data

Some states saw higher inflation than national average, shows data

Rediff.com17 Apr 2024

Many individual states experienced higher inflation than the all-India figures during the financial year 2023-24 (FY24). Retail inflation figures in Telangana, Haryana, Rajasthan and Dadra and Nagar Haveli have been higher than national numbers every month of this financial year, shows a Business Standard analysis of state-wise figures, after the March inflation data was released on Friday. Experts noted that persistent high food inflation along with differences in the weights of rural and urban indices plays into the regional variation in inflation rates.

Smartphone makers pin hopes on new launches after tepid March quarter

Smartphone makers pin hopes on new launches after tepid March quarter

Rediff.com16 Apr 2024

For the smart phone industry, it has been a lacklustre quarter of CY2024, with sales falling by 3-4 per cent over the same period last year, according to Counterpoint Research projections. However, with the launch of many new models in Q1 of CY24, overall shipments grew year-on-year by 10-12 per cent. In CY23 shipments remained flat, ending the year with 152 million units.

India 'monitoring situation' in Myanmar's Sittwe, shifts consulate staff

India 'monitoring situation' in Myanmar's Sittwe, shifts consulate staff

Rediff.com12 Apr 2024

External Affairs Ministry spokesperson Randhir Jaiswal said India is closely monitoring the security situation in that country.

Markets tank 1%, Sensex ends down 793 points

Markets tank 1%, Sensex ends down 793 points

Rediff.com12 Apr 2024

From the Sensex basket, Sun Pharma, Maruti, Power Grid, Titan, JSW Steel, Tech Mahindra, Larsen & Toubro and State Bank of India were the major laggards. Tata Motors, Tata Consultancy Services and Nestle were the gainers.

Cola, beverage, ice cream makers expect surge in sales as temp soars

Cola, beverage, ice cream makers expect surge in sales as temp soars

Rediff.com11 Apr 2024

With a gradual rise in temperature and the start of heatwave, FMCG and dairy firms selling cola-based fizz drinks, juices, mineral water, ice creams and milk-based beverages expect a spike in sales and have ramped up their production and stocks to meet the anticipated consumer demand. The makers are launching new products keeping in mind the evolving consumer preferences and also investing substantially on promotions and expansion of the channels this season, company executives of beverage and ice cream makers said. Beverages major PepsiCo said summer months are naturally the most favourable season for its category and it is "optimistic" that its portfolio of brands will continue to delight consumers during the period.

FX derivatives mkt in a fix before new RBI rules

FX derivatives mkt in a fix before new RBI rules

Rediff.com11 Apr 2024

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve Bank of India (RBI) rules, casting a cloud over further participation of retail investors and proprietary traders. There are concerns that existing positions without any underlying exposure will need to be liquidated. Also, weighed down by dollar demand from local oil companies and weakness in its Asian peers, the rupee on Wednesday (April 3) ended at a new closing low of 83.44 versus the US currency.

'Surge in deaths among Indian students alarming, suspicious'

'Surge in deaths among Indian students alarming, suspicious'

Rediff.com10 Apr 2024

A prominent Indian diaspora body has urged various agencies of the US government, universities and student associations to work towards addressing the spike in the deaths of Indian-origin students in the US in recent months.

In a first, India's demat tally surges past 150 million mark in March

In a first, India's demat tally surges past 150 million mark in March

Rediff.com8 Apr 2024

The number of dematerialised (demat) accounts - required to hold shares and other securities in electronics format - crossed the 150-million mark for the first time in March. In March, 3.12 million new demat accounts were added despite a spike in market volatility, taking the total count to 151.4 million. The milestone has come 19 months after the total number of demat accounts hit the 100-million mark, a sign that more domestic households are taking to direct equity investing.

Vistara hits air pocket; to cut 25-30 flights daily

Vistara hits air pocket; to cut 25-30 flights daily

Rediff.com7 Apr 2024

Facing disruptions due to non-availability of crew, Vistara on Sunday announced reducing 10 per cent of its capacity or 25-30 flights daily and most of the cancellations are in the domestic network as the Tata Group airline strives to stabilise operations. The full-service carrier is to operate over 300 flights daily in the ongoing summer schedule and witnessed significant disruptions earlier this week as many pilots reported sick, resulting in cancellations of flights. "We are carefully scaling back our operations by around 25-30 flights per day, i.e. roughly 10 per cent of the capacity we were operating.

Govt targets zero load shedding this summer

Govt targets zero load shedding this summer

Rediff.com3 Apr 2024

As India's electricity demand soars, the power ministry on Tuesday reviewed the power supply situation to ensure 'zero load shedding' during the summer months. The ministry has drafted plans ranging from delaying planned maintenance of thermal power stations to mandatory operations of imported coal-based and gas-based stations till September. In a series of meetings with industry stakeholders, Union Minister for Power, New, and Renewable Energy R K Singh emphasised the importance of adequate planning to avoid situations where one state has surplus power while another state faces shortages.

IPL 2024: How god-fearing Mayank turned struggle into success

IPL 2024: How god-fearing Mayank turned struggle into success

Rediff.com31 Mar 2024

The Delhi youngster had had his fair share of struggles while transforming from a frail 15-year-old to a frighteningly quick fast bowler.

Election May Spike Sales Surge

Election May Spike Sales Surge

Rediff.com30 Mar 2024

'During the scorching summer months of election season, largescale outdoor gatherings create a prime opportunity for increased consumption in the packaged drinking water category.'

Airfares, hotel rates shoot up ahead of Holi, Good Friday

Airfares, hotel rates shoot up ahead of Holi, Good Friday

Rediff.com22 Mar 2024

As March draws to a close, two consecutive long weekend opportunities - Holi and Good Friday - are driving up hotel occupancy and airfares across major routes. According to travel platform Cleartrip, hotel bookings have seen a 3.5 times spike for the Holi weekend, while a 3.7 times spike has been visible in the Good Friday weekend.

'New Covid surge is a seasonal wave but spreads faster'

'New Covid surge is a seasonal wave but spreads faster'

Rediff.com18 Mar 2024

'Seek medical help if after five days of the first symptom the fever has not subsided.'

Petrol, diesel prices cut by Rs 2 each

Petrol, diesel prices cut by Rs 2 each

Rediff.com14 Mar 2024

Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election schedule was announced.

Hinduphobia in US is increasing, warns Democrat Congressman

Hinduphobia in US is increasing, warns Democrat Congressman

Rediff.com14 Mar 2024

The US of late has seen a rise in Hinduphobia which needs to be fought because there is no place for hatred in this country, Indian-American Congressman Shri Thanedar has said, as he joined a group of Hindu leaders and organisations seeking to fight this growing hate crime against the community.

Trading turnover logs fresh high in Feb, rises 2x in a year

Trading turnover logs fresh high in Feb, rises 2x in a year

Rediff.com13 Mar 2024

The Indian equity market clocked record average daily turnover (ADTV) in both the cash and derivatives segments in February amid a spike in volatility. The ADTV for the cash segment for both the exchanges combined came at Rs 1.27 trillion, while the same for the derivatives or the futures and options (F&O) segment stood at Rs 483 trillion in the previous month. The volumes for both cash and derivatives have almost doubled from a year ago on the back of rising retail participation in the world's fourth largest equity market.

Covid virus can linger in human body for over 1 year, finds study

Covid virus can linger in human body for over 1 year, finds study

Rediff.com8 Mar 2024

The researchers from the University of California, San Francisco found pieces of SARS-CoV-2, referred to as COVID antigens, lingering in the blood up to 14 months after infection and for over two years in tissue samples from people who had COVID-19.

Tejaswin Shankar questions government jobs for Khelo India winners

Tejaswin Shankar questions government jobs for Khelo India winners

Rediff.com7 Mar 2024

Giving out sports quota jobs to youth and junior athletes not a good idea: Tejaswin Shankar

How To Lower Your Blood Sugar Levels

How To Lower Your Blood Sugar Levels

Rediff.com5 Mar 2024

rediffGURU Komal Jethmalani offers expert advice on how to alter your diet and lifestyle so that you can remain healthy.

They will go: Akhilesh on SP MLAs of cross-voting

They will go: Akhilesh on SP MLAs of cross-voting

Rediff.com27 Feb 2024

Action will be taken against such MLAs, he said.

Akhilesh's party chief whip resigns amid voting for Rajya Sabha polls

Akhilesh's party chief whip resigns amid voting for Rajya Sabha polls

Rediff.com27 Feb 2024

Akhilesh Yadav said those who are looking for "profit" in the situation will leave.

How To Lose Belly Fat

How To Lose Belly Fat

Rediff.com23 Feb 2024

A fibre-rich food will help you lose weight and control blood sugar spikes, advises rediffGURU Rebecca Pinto.

Flying high: Big spike in airfares, demand for hotels during Holi week

Flying high: Big spike in airfares, demand for hotels during Holi week

Rediff.com21 Feb 2024

If you are planning to travel around Holi this year, brace for sky-high airfare. During the week of the festival next month, travellers are likely to feel the pinch on popular routes as more than one-fifth of Indian carriers' aircraft are grounded and demand remains robust. In March, Indian carriers are slated to operate 21,299 flights per week, representing only a marginal 0.5 per cent increase from the corresponding month last year.

Fresh capex by India Inc will fuel next leg of growth: RBI bulletin

Fresh capex by India Inc will fuel next leg of growth: RBI bulletin

Rediff.com20 Feb 2024

The Indian economy continues to sustain the momentum achieved in the first half of 2023-24 and expectations of a fresh round of capex by the corporate sector is likely to fuel the next leg of growth, the Reserve Bank Bulletin said on Tuesday. "The likelihood of the global economy exhibiting stronger than expected growth in 2024 has brightened in recent months, with risks broadly balanced," said an article on 'State of the Economy' published in the bulletin.

How Sarfaraz mastered spin: 500 balls per day, 1600km car journey

How Sarfaraz mastered spin: 500 balls per day, 1600km car journey

Rediff.com19 Feb 2024

Sarfaraz Khan's dominating performance against England's spinners in just his debut Test was no fluke.

Shahid-Kriti's Teri Baaton Mein... Is A Hit!

Shahid-Kriti's Teri Baaton Mein... Is A Hit!

Rediff.com19 Feb 2024

After taking an expected start, it grew over the first weekend and consolidated well during the weekdays.

How ITR's Automated Reconciliation Works

How ITR's Automated Reconciliation Works

Rediff.com17 Feb 2024

The income-tax department is set to launch a screen-based automated reconciliation system for plugging mismatches between returns filed by taxpayers and information processed by the department.

Future of IT industry: 60K more jobs & revenue of $254 bn

Future of IT industry: 60K more jobs & revenue of $254 bn

Rediff.com16 Feb 2024

The domestic technology industry's revenue is projected to grow 3.8 per cent to $254 billion this fiscal, industry body Nasscom said on Friday and highlighted creation of 60,000 more jobs during this period. The industry had clocked a revenue of $244.6 billion in the same period last year, according to Nasscom's annual strategic review report. Excluding hardware, the revenue is expected to touch $199 billion, a growth of 3.3 per cent over FY23, as per the report.

Jurel in the Crown: Journey of Kargil war veteran's son Dhruv

Jurel in the Crown: Journey of Kargil war veteran's son Dhruv

Rediff.com15 Feb 2024

The year was 2014. A small boy in his teens stood in front of Noida's most famous cricket coach Phool Chand's office room, and there was no parent accompanying him.

Farmers stay put at border, all eyes on Thursday's crucial talks with govt

Farmers stay put at border, all eyes on Thursday's crucial talks with govt

Rediff.com14 Feb 2024

Haryana Police lobbed tear gas shells at farmers from Punjab at Shambhu border between the two states as thousands of protesters stayed put there on Wednesday, the second day of their 'Delhi Chalo' march.

Commuter tales from locked up Delhi: 'I stand to lose my daily wages'

Commuter tales from locked up Delhi: 'I stand to lose my daily wages'

Rediff.com14 Feb 2024

The commuters moving between Delhi and Haryana were either stuck up for hours on the closed borders or walked on foot to reach their respective destinations.

Will legalise MSP for crops if ....: Kharge amid farmers' Parliament march

Will legalise MSP for crops if ....: Kharge amid farmers' Parliament march

Rediff.com13 Feb 2024

Kharge also targeted Prime Minister Narendra Modi, saying the people should not believe Modi's "guarantees".

Super Bowl PIX: Taylor Swift shares the glare with Kelce as Chiefs win

Super Bowl PIX: Taylor Swift shares the glare with Kelce as Chiefs win

Rediff.com12 Feb 2024

Swift, who last weekend won the Grammy Award for album of the year for a record fourth time, has attended 12 Chiefs games since she began dating Kelce last year, boosting already sky-high NFL ratings.

Why the sprint queen is hanging up her spikes...

Why the sprint queen is hanging up her spikes...

Rediff.com9 Feb 2024

'My son needs me, my husband and I have been together since before I won in 2008. He has sacrificed for me'

Only Dhoni Could Do This!

Only Dhoni Could Do This!

Rediff.com9 Feb 2024

In preparation for IPL 2024, during a nets session on Thursday, February 8, 2024, the Chennai Super Kings captain was seen using a bat bearing the logo of a new brand.

'Global investors willing to pay premium for India story'

'Global investors willing to pay premium for India story'

Rediff.com8 Feb 2024

'With China falling out of favour, India is where investors see the demographic and digital dividend apart from the benefits of reforms playing out.' 'Your prime minister has also done a great job of sharing this story with the world.'

Why India's oil cos are losing close to Rs 3 per litre

Why India's oil cos are losing close to Rs 3 per litre

Rediff.com7 Feb 2024

State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on petrol has trimmed due to recent firming up in international oil prices, industry officials said detailing reasons for continuing to hold retail prices. Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL), who control roughly 90 per cent of India's fuel market, 'voluntarily' have not changed petrol, diesel and cooking gas (LPG) prices for almost two years now, resulting in losses when input cost was higher and profits when raw material prices were lower.

Why TVs Are Going To Cost More

Why TVs Are Going To Cost More

Rediff.com5 Feb 2024

'On the final product, there can be an increase of a minimum of 10 per cent in February and March.'

'GenAI is going to be the tip of the arrow for HCLTech'

'GenAI is going to be the tip of the arrow for HCLTech'

Rediff.com29 Jan 2024

'It will drive a lot of surrounding business, that is where we see some good projects coming in.'

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