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Three criminal laws: Here's what has changed

Three criminal laws: Here's what has changed

Rediff.com20 Dec 2023

Following are the key points of the three criminal law bills, that were passed by the Lok Sabha on Wednesday and seek to replace the Indian Penal Code (IPC), the Code of Criminal Procedure (CrPC) and the Evidence Act.

'Ardh Satya wasn't conceived to showcase Om's talent'

'Ardh Satya wasn't conceived to showcase Om's talent'

Rediff.com20 Dec 2023

'The ending Vijay Tendulkar had written was different.' 'According to him, the film ended with Anant Welankar's suicide.' 'I felt such an ending would be too nihilistic.' 'Bahut zyada defeatist ho jaata.'

From a record high, Sensex sinks by 931 points at close

From a record high, Sensex sinks by 931 points at close

Rediff.com20 Dec 2023

Tata Steel fell the most by 4.21 per cent. NTPC, Tata Motors, HCL Technologies, Mahindra & Mahindra, State Bank of India, Power Grid, Tech Mahindra, Larsen & Toubro and JSW Steel also declined. HDFC Bank was the only gainer from the pack. In Asian markets, Seoul, Tokyo and Hong Kong settled in the positive territory while Shanghai ended lower.

RBI tells IMF why it frequently intervenes in forex market

RBI tells IMF why it frequently intervenes in forex market

Rediff.com20 Dec 2023

The Reserve Bank has told the International Monetary Fund (IMF) that the objective of frequent interventions in the forex market is to curb excessive volatility, dismissing the Fund's rationale for reclassifying India's exchange rate regime. The IMF, following the Article IV consultation with the Indian authorities, reclassified the status of the exchange rate regime to "stabilised arrangement" from "floating" for period between December 2022 to October 2023. India's Executive Director at IMF K V Subramanian and Senior Advisors Sanjay Kumar Hansda and Anand Singh questioned the selection period adopted by the Fund for analysis and also reclassification of the country's exchange rate regime.

Liquidity deficit widens to Rs 2 trn, on back of advance tax outflows

Liquidity deficit widens to Rs 2 trn, on back of advance tax outflows

Rediff.com20 Dec 2023

Funds raised by banks through certificates of deposit in December clocked the highest in the financial year 2023-24 as liquidity remained tight in the system with the Reserve Bank of India (RBI) infusing Rs 2.01 trillion on Monday, the highest in the current financial year. The liquidity deficit in the banking system widened to more than Rs 2 trillion on Monday on the back of advance tax outflows, market participants said. Around Rs 4 trillion worth of outflows are expected because of advanced tax and goods and services tax (GST) payments in December.

'You're provoking me, so off you go to jail'

'You're provoking me, so off you go to jail'

Rediff.com20 Dec 2023

'The Bills (Bharatiya Saksha, Bharatiya Nagarik Sanhita and Bharatiya Nyaya Sanhita) are arbitrary, opaque and ambiguous and structurally quite violent.'

De Zorzi's Masterclass: How South Africa Stunned India

De Zorzi's Masterclass: How South Africa Stunned India

Rediff.com20 Dec 2023

De Zorzi ton guides South Africa to eight-wicket win over India

2nd ODI PIX: Ton-up Zorzi, Burger guide SA to series-levelling win over India

2nd ODI PIX: Ton-up Zorzi, Burger guide SA to series-levelling win over India

Rediff.com19 Dec 2023

IMAGES from the 2nd ODI match played Between South Africa and India in Gqeberha, South Africa on Tuesday.

Rising cost of funds may squeeze bank interest margins by 30 bps more

Rising cost of funds may squeeze bank interest margins by 30 bps more

Rediff.com18 Dec 2023

Banks are likely to see their net interest margins (NIM) - broadly the difference between interest earned on loans and paid on deposits - shrink by another 30 basis points (bps) over the next few quarters. After hitting a peak of 3.3 per cent in the third quarter (Q3) of the financial year ended March 31, 2023 (FY23), NIMs have been on a downward trajectory, touching 3.13 per cent in Q2FY24 on higher cost of funds, according to capital markets firm CARE Ratings. Banks are still grappling with the Reserve Bank of India's policy rate increases - that have made deposits costlier as the interest payable to customers has increased - and the regulatory actions on unsecured lending.

I Can Straighten People Out: Pawar

I Can Straighten People Out: Pawar

Rediff.com18 Dec 2023

'I am 84 years old. What have you seen? I have not become old.'

1st ODI PIX: India's rising stars demolish South Africa

1st ODI PIX: India's rising stars demolish South Africa

Rediff.com17 Dec 2023

IMAGES from the first ODI between South Africa and India played at The Wanderers, in Johannesburg, on Sunday.

England's Salt shines in epic run chase vs West Indies

England's Salt shines in epic run chase vs West Indies

Rediff.com17 Dec 2023

Salt serves up century as England win to keep West Indies series alive

Rinku to make ODI debut in Johannesburg!

Rinku to make ODI debut in Johannesburg!

Rediff.com16 Dec 2023

"In ODI format as well, he has performed across formats in first class cricket and so, yes, he will get his opportunity in ODI series."

Exports, imports down in Nov; trade deficit at $20.58 billion

Exports, imports down in Nov; trade deficit at $20.58 billion

Rediff.com15 Dec 2023

India's exports declined by 2.83 per cent to $33.90 billion in November this year compared to $34.89 billion a year ago, government data released on Friday showed. Imports also declined to $54.48 billion in the month under consideration, as against $56.95 billion recorded in November 2022.

PHOTOS: Pakistan trail by 355 runs as Aus bowlers strike

PHOTOS: Pakistan trail by 355 runs as Aus bowlers strike

Rediff.com15 Dec 2023

IMAGES from Day 2 of the opening Test between Australia and Pakistan in Perth on Friday.

Prasidh claims hat-trick, India A lead by 58 runs vs SA A

Prasidh claims hat-trick, India A lead by 58 runs vs SA A

Rediff.com13 Dec 2023

Pradosh then forged an alliance with Shardul Thakur (70 not out) as the duo added another 152 runs to overhaul South Africa A's total and take a 58-run lead.

Mutual funds rake in 'opportunistic flows' as market mood improves

Mutual funds rake in 'opportunistic flows' as market mood improves

Rediff.com13 Dec 2023

A buoyant equity market, coupled with an improved performance of mutual funds (MFs) on the returns chart, has heightened retail investors' appetite for equities. In the past few months, equity MF schemes have seen a surge in fresh investments through both lump sum (one-time investments) and systematic investment plan (SIP) routes. During the August-September 2023 period, equity MF schemes recorded net lump sum investments of Rs 35,270 crore, compared to just Rs 5,550 crore in the previous three months, according to data from the Association of Mutual Funds in India (Amfi).

1st 'Test': India 'A' bowlers struggle as SA 'A' score 298/5

1st 'Test': India 'A' bowlers struggle as SA 'A' score 298/5

Rediff.com12 Dec 2023

None of the Indian pacers made an impression on a surface where one needed to bend his back to get the extra bounce.

Inflation rises to 3-month high of 5.55% in Nov

Inflation rises to 3-month high of 5.55% in Nov

Rediff.com12 Dec 2023

Snapping its declining trend, retail inflation rose to a three-month high of 5.55 per cent in November on firming food prices, including vegetables and cereals, though it remains within the RBI's comfort zone of less than 6 per cent. Inflation based on the Consumer Price Index (CPI) was 4.87 per cent in October and 5.88 per cent in November 2022, the government data released on Tuesday showed. The previous high was 6.83 per cent in August and inflation had been on a decline since then.

Markets end in red on profit-booking by investors

Markets end in red on profit-booking by investors

Rediff.com12 Dec 2023

Among the Sensex firms, IndusInd Bank, Maruti, Titan, Reliance Industries, NTPC, Mahindra & Mahindra, Larsen & Toubro, Kotak Mahindra Bank and HDFC Bank were the major laggards. UltraTech Cement, JSW Steel, Axis Bank, Tata Consultancy Services, Wipro and ITC were the major gainers.

Sensex scales Mt-70K in morning trade, ends at 69,928

Sensex scales Mt-70K in morning trade, ends at 69,928

Rediff.com11 Dec 2023

Gains in IndusInd Bank, HCL Tech, TCS, Tech Mahindra, NTPC, ITC, JSW Steel and Tata Steel helped the barometer scale a fresh high. Axis Bank fell the most by 1.26 per cent, M&M by 0.99 per cent and Hindustan Unilever by 0.67 per cent. Maruti, Bajaj Finserv, Bharti Airtel and HDFC Bank and Infosys also declined.

'I am the new Gabbar Singh and Mogambo'

'I am the new Gabbar Singh and Mogambo'

Rediff.com9 Dec 2023

'Things have changed overnight after Animal.'

Life insurance companies clock 25.28% drop in premiums

Life insurance companies clock 25.28% drop in premiums

Rediff.com8 Dec 2023

The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago. The fall in group premium and change in taxation norms for policies with a higher ticket size dragged the premiums of the state-run Life Insurance Corporation of India (LIC) and private insurers, respectively. According to the data released by the Life Insurance Council, the premium of private insurers slipped 9.33 per cent Y-o-Y to Rs 10,360.29 crore from Rs 11,426.73 crore as a result of a change in product mix due to the measures taken to counter the impact of tax imposed on the premiums of Rs 5 lakh.

Should Nirmalaji Be Worried?

Should Nirmalaji Be Worried?

Rediff.com8 Dec 2023

The deficit stood over Rs 8 trillion in the first seven months of the current financial year. Non-tax revenues, comprising transfers from the RBI and dividends of the public sector units, shored up the Centre's revenues.

New Chhattisgarh assembly has 72 crorepati MLAs; 17 face criminal cases

New Chhattisgarh assembly has 72 crorepati MLAs; 17 face criminal cases

Rediff.com6 Dec 2023

The BJP tops the list with 43 (80 percent) of 54 MLAs each having declared assets valued at more than Rs 1 crore.

Bangladesh's Mushfiqur dismissed for obstructing the field

Bangladesh's Mushfiqur dismissed for obstructing the field

Rediff.com6 Dec 2023

With the ball still in play and Mushfiqur 'wilfully' pushing the ball away, he had to be sent back to the dressing room after scoring 35 off 83 balls.

'The lessons have stayed...': Sachin remembers coach

'The lessons have stayed...': Sachin remembers coach

Rediff.com3 Dec 2023

Sachin Tendulkar fondly remembered his childhood coach, Ramakant Achrekar

39 years on, horrors of Bhopal gas tragedy continue to haunt survivors

39 years on, horrors of Bhopal gas tragedy continue to haunt survivors

Rediff.com2 Dec 2023

At least 3,787 people were killed and more than five lakh were affected physically after a toxic gas leaked from the pesticide factory on the intervening night of December 2 and 3, 1984.

BSE-listed firms' m-cap touch record high of Rs 337.67 lakh crore

BSE-listed firms' m-cap touch record high of Rs 337.67 lakh crore

Rediff.com1 Dec 2023

The combined market capitalisation of BSE-listed companies hit an all-time high of Rs 337.67 lakh crore ($4 trillion) on Friday amid a rally in equities, mainly on account of favourable macroeconomic data and continuous foreign fund inflows. Rising for the fourth straight day, the 30-share BSE Sensex jumped 492.75 points or 0.74 per cent to settle at 67,481.19 points. During the day, it rallied 575.89 points or 0.85 per cent to 67,564.33 points.

Vijay Hazare Trophy: Pujara's fifty in vain as Mumbai edge out Saurashtra

Vijay Hazare Trophy: Pujara's fifty in vain as Mumbai edge out Saurashtra

Rediff.com1 Dec 2023

A day after their Test careers met with a dead end, veteran batters Cheteshwar Pujara and Ajinkya Rahane on Friday soldiered on for Saurashtra and Mumbai respectively with contrasting results in the Vijay Hazare Trophy in Bengaluru.

India Inc capex growth enters slow lane in H1

India Inc capex growth enters slow lane in H1

Rediff.com1 Dec 2023

The slowdown in corporate revenue growth over the last one year has begun to reflect in India Inc's capital expenditure, or capex. The country's top listed companies are going slow on fresh investment in capacity expansion, in line with a deceleration in their top line growth. The combined fixed assets of the listed companies, excluding banking, finance services and insurance (BFSI) and the government-owned oil & gas firms, were up 10.1 per cent year-on-year (Y-o-Y) during April-September 2023 (H1FY24) - the slowest in 18 months - as against 21.1 per cent Y-o-Y growth in H2FY23 (October 2022-March 2023) and 11.6 per cent growth in the April-September 2022 period (H1FY23).

Indian Teams For South Africa: The Key Takeaways

Indian Teams For South Africa: The Key Takeaways

Rediff.com1 Dec 2023

Jasprit Bumrah will definitely be a part of India's plans for the T20 World Cup but there is not clarity on the T20 future of Rohit Sharma and Virat Kohli.

Madhya Pradesh Assembly Met 16 Days Annually In Current Term

Madhya Pradesh Assembly Met 16 Days Annually In Current Term

Rediff.com30 Nov 2023

In 2022, Rajasthan met for 30 days, Chhattisgarh 18 days, MP and Mizoram for 15 each, and Telangana for 10 days.

Govt nod to buy 97 more Tejas LCAs, 156 choppers worth Rs 2.23 lakh cr

Govt nod to buy 97 more Tejas LCAs, 156 choppers worth Rs 2.23 lakh cr

Rediff.com30 Nov 2023

The defence ministry said 98 per cent of the total procurement worth Rs 2.23 lakh crore will be sourced from the domestic industries.

BSE, NSE settle with marginal gains in volatile trade

BSE, NSE settle with marginal gains in volatile trade

Rediff.com30 Nov 2023

Benchmark equity indices Sensex and Nifty settled with marginal gains on Thursday in a highly volatile trade amid the scheduled monthly derivatives expiry and muted trend in the US markets. The 30-share BSE Sensex closed 86.53 points or 0.13 per cent higher at 66,988.44, registering its third day of gains. During the day, it hit a high of 67,069.89 and a low of 66,610.35.

'Hope he does not want to be tagged as a finisher'

'Hope he does not want to be tagged as a finisher'

Rediff.com30 Nov 2023

So far in four T20I innings in eight matches, Rinku has scored 128 runs at an average of 128.00, ending unbeaten thrice. His best score is 38 and his runs have come at a strike rate of almost 217.

ONGC, Oil India stocks appear undervalued

ONGC, Oil India stocks appear undervalued

Rediff.com30 Nov 2023

Crude and gas supply concerns have eased amid reports that Israel and Hamas have struck a peace deal. The International Energy Agency estimates oil demand may drop slightly in calendar 24 but Opec probably has enough pricing power to maintain $80/ barrel Brent prices. Russia's share of India's crude imports remained strong at about 35 per cent in September 2023.

Vijay Hazare: J&K shock Delhi; Karthik steers TN to win

Vijay Hazare: J&K shock Delhi; Karthik steers TN to win

Rediff.com29 Nov 2023

Dinesh Karthik hit a quickfire half-century as Tamil Nadu overcame a jittery start to down Baroda by 38 runs.

Private life insurance companies seem to be on a secured path to growth

Private life insurance companies seem to be on a secured path to growth

Rediff.com29 Nov 2023

Private life insurers experienced reasonable growth in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24), and the October data is also encouraging. The individual weighted received premium (WRP) for private players grew by 19.8 per cent year-on-year (Y-o-Y) in October. However, Life Insurance Corporation (LIC) of India had slower growth, pulling the industry growth rate down to 13 per cent Y-o-Y.

Salman Khan Is The Only Actor To...

Salman Khan Is The Only Actor To...

Rediff.com29 Nov 2023

With Tiger 3, Salman Khan has scored yet another movie in the Rs 100 Crore Club (Rs 1 billion).

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