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M-cap of BSE listed firms hits $4 trillion-mark for first time ever

M-cap of BSE listed firms hits $4 trillion-mark for first time ever

Rediff.com29 Nov 2023

The combined market valuation of all listed companies on the leading stock exchange BSE reached the $4-trillion milestone for the first time ever on Wednesday. The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade after beginning the day on a positive note. Thanks to the optimism in equities, the market capitalisation of BSE-listed companies reached Rs 3,33,26,881.49 crore in morning trade, translating into $4 trillion at the exchange rate of 83.31.

Navy's proposal for 2nd indigenous aircraft carrier gets govt nod

Navy's proposal for 2nd indigenous aircraft carrier gets govt nod

Rediff.com28 Nov 2023

The mega procurement proposal will shortly be placed before the Defence Acquisition Council, the defence ministry's top body on procurement, they said.

How Many Centuries Has Katrina Scored?

How Many Centuries Has Katrina Scored?

Rediff.com28 Nov 2023

Joginder Tuteja looks at actresses who have more than five 100 Crore Club movies to their credit.

Auto retail sales soar to record high in festive season: FADA

Auto retail sales soar to record high in festive season: FADA

Rediff.com28 Nov 2023

Driven by robust demand, automobile retail sales in India rose to a record high this festive season with all segments, barring tractors, reporting year-on-year growth, dealers' body FADA said on Tuesday. Overall automobile sales rose 19 per cent to 37,93,584 units in the 42-day festive period this year as compared with 31,95,213 units last year. During the period, which starts from the first day of Navratri and ends 15 days after Dhanteras, passenger vehicle retail sales rose to 5,47,246 units, up 10 per cent from 4,96,047 units in the same period last year.

Real estate sector bats for green spaces

Real estate sector bats for green spaces

Rediff.com27 Nov 2023

Bengaluru recorded the highest green building stock at 140 million square feet, followed by Delhi-National Capital Region at 74 msf, and Hyderabad at 72 msf for Grade A office buildings as of September 2023.

'Incredibly enriching': Modi takes sortie on Tejas jet

'Incredibly enriching': Modi takes sortie on Tejas jet

Rediff.com25 Nov 2023

"The experience was incredibly enriching, significantly bolstering my confidence in our country's indigenous capabilities, and leaving me with a renewed sense of pride and optimism about our national potential," he said.

Hazare Trophy: Hooda, Chahar headline Rajasthan's five-wicket win over Gujarat

Hazare Trophy: Hooda, Chahar headline Rajasthan's five-wicket win over Gujarat

Rediff.com25 Nov 2023

A summary of the Vijay Hazare Trophy matches played on Saturday.

Pakistan Army Chief Is Now In Charge!

Pakistan Army Chief Is Now In Charge!

Rediff.com25 Nov 2023

General Syed Asim Munir is now firmly ensconced as army chief after the May 9, 2023 upheavals, which were planned by Imran Khan's supporters to destabilise him, asserts Rana Banerji, who headed the Pakistan desk at RA&W.

Forex reserves jump $5.08 bn to $595.40 bn

Forex reserves jump $5.08 bn to $595.40 bn

Rediff.com24 Nov 2023

India's forex reserves increased by $5.08 billion to $595.4 billion during the week ended November 17, the Reserve Bank said on Friday. In the previous reporting week, the kitty declined $462 million to $590.32 billion. For the week ended November 17, the foreign currency assets, a major component of the reserves, increased $4.39 billion to $526.39 billion, according to the Weekly Statistical Supplement released by the Reserve Bank of India (RBI).

Fall in commodity, energy prices fuels India Inc earnings

Fall in commodity, energy prices fuels India Inc earnings

Rediff.com23 Nov 2023

Corporate earnings got a big boost from the fall in commodity and energy prices in July-September 2023 (Q2FY24) despite a slowdown in revenue growth during the quarter. The combined net profits of 3,123 firms that have declared their results so far were up 38 per cent year-on-year (Y-o-Y) to Rs 3.07 trillion in Q2FY24, up from Rs 2.24 trillion a year ago. Earnings were, however, down 3.5 per cent on a sequential basis from Rs 3.18 trillion in April-June (Q1) FY24.

Want To Attend Ram Temple Opening? Book Now!

Want To Attend Ram Temple Opening? Book Now!

Rediff.com22 Nov 2023

'If you want a room for the consecration, then you better book it now.' 'By this time next week there won't be any hotel rooms available in the temple city.'

Undergrads Urge AI Integration In Courses

Undergrads Urge AI Integration In Courses

Rediff.com21 Nov 2023

Among the 44 per cent of Indian students who have used Gen AI in their studies, 60 per cent say it helps them learn faster, 55 per cent say it allows them more creative use of learning, while 51 per cent say it frees up their time.

Political uncertainty is main risk to GDP growth in 2024

Political uncertainty is main risk to GDP growth in 2024

Rediff.com20 Nov 2023

India's real GDP growth will decline marginally to 6.3 per cent in 2024 from the 6.4 per cent estimated for 2023, an American brokerage firm said on Monday. The next calendar year will be of two halves, wherein the government spending before the upcoming General Elections will be the key driver for growth, while after the elections, it will be the re-acceleration in investment growth, especially from the private sector, Goldman Sachs said in a report. From a fiscal year perspective, the brokerage said it expects growth to accelerate to 6.5 per cent for FY25 from the 6.2 per cent it has projected for the ongoing FY24, it added.

Australia lift sixth title as curtains drop on record-breaking World Cup

Australia lift sixth title as curtains drop on record-breaking World Cup

Rediff.com19 Nov 2023

The 2023 World Cup culminated with Australia extending their World Cup title wins to six with a six-win over India in the final played here on Sunday.

ICC World Cup final PIX: Mighty Australia defeat India to lift sixth title

ICC World Cup final PIX: Mighty Australia defeat India to lift sixth title

Rediff.com19 Nov 2023

Travis Head smashed a brilliant 137 as Australia cruised to their sixth World title after outclassing India by six wickets in the final on Sunday.

Run-machine Kohli dominates World Cup records

Run-machine Kohli dominates World Cup records

Rediff.com19 Nov 2023

Virat Kohli becomes second-highest run scorer in history of the ODI World Cup

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com19 Nov 2023

Stock markets will be largely driven by global trends in the absence of any major domestic triggers this week, say analysts. The trading activity of foreign investors, global crude oil prices and rupee-dollar movement will also influence market movement, they said. "Anticipating a period of consolidation in the absence of clear global cues, the market's trajectory will likely hinge on the movement of the US bond yields, the dollar index, and crude oil prices, as well as institutional flows.

77.15% voter turnout in MP assembly polls

77.15% voter turnout in MP assembly polls

Rediff.com19 Nov 2023

Madhya Pradesh assembly polls have recorded a voter turnout of 77.15 per cent, which is 1.52 per cent higher than in 2018, as per the latest data released by the Election Commission of India.

HAL, GE to co-produce fighter jet engines in India

HAL, GE to co-produce fighter jet engines in India

Rediff.com18 Nov 2023

The HAL and GE from the US would be producing these engines jointly in a facility in India.

What's Eric Garcetti Doing With WC Legends?

What's Eric Garcetti Doing With WC Legends?

Rediff.com18 Nov 2023

America's hyperactive Ambassador Eric Garcetti met members of India's 1983 World Cup-winning team -- Kapil Dev, Sunil Gavaskar, Ravi Shastri, Roger Binny, Kirti Azad and Mohinder Amarnath in New Delhi on Friday, November 17, 2023.

Jolt to Khattar as HC quashes law on 75% quota in private jobs for locals

Jolt to Khattar as HC quashes law on 75% quota in private jobs for locals

Rediff.com18 Nov 2023

Justices G S Sandhawalia and Harpreet Kaur Jeewan also held the Haryana State Employment of Local Candidates Act, 2020 "ultravires" and said it will become "ineffective from the date it came into force".

Chh'garh records 70.59% voting in 2nd phase; ITBP jawan killed in Maoist blast

Chh'garh records 70.59% voting in 2nd phase; ITBP jawan killed in Maoist blast

Rediff.com17 Nov 2023

Polling in 70 constituencies began at 8 am and will conclude at 5 pm, except in nine polling booths in the Maoist-affected Bindranawagarh seat in Gariaband district, where voting began at 7 for security reasons, a poll official said.

Can Australia halt India's unbeaten run to WC glory?

Can Australia halt India's unbeaten run to WC glory?

Rediff.com17 Nov 2023

Resurgent Australia stand between unblemished India and World Cup glory

India's Journey To World Cup Final

India's Journey To World Cup Final

Rediff.com16 Nov 2023

This is India's fourth ODI World Cup final.

Bulls prowl D-Street, Sensex jumps 742 points; Nifty ends at 19,675

Bulls prowl D-Street, Sensex jumps 742 points; Nifty ends at 19,675

Rediff.com15 Nov 2023

Among the Sensex firms, Tech Mahindra, Tata Motors, Infosys, Wipro, Tata Steel, Tata Consultancy Services, Reliance Industries and Axis Bank were the major gainers. Bajaj Finance, IndusInd Bank and Power Grid were the laggards.

South Africa battle 'chokers' curse vs mighty Aussies

South Africa battle 'chokers' curse vs mighty Aussies

Rediff.com15 Nov 2023

'As a South African team, we know we're going to have that chip on our back, or that narrative that we have to get over'

Strong near-term outlook to aid IndiGo's revenue growth

Strong near-term outlook to aid IndiGo's revenue growth

Rediff.com15 Nov 2023

InterGlobe Aviation, the operator of India's leading airline IndiGo, delivered a better than expected performance across most parameters in Q2FY24. The company posted its fourth consecutive quarter of net profit of Rs 188 crore. It had reported a loss of Rs 1,583 crore in the same quarter a year ago.

Salman's BIGGEST Openings So Far

Salman's BIGGEST Openings So Far

Rediff.com15 Nov 2023

Salman has as many as six films which have scored a century in the first three days itself, a feat that no other superstar has achieved so far.

Sinner stuns Djokovic in ATP Finals thriller

Sinner stuns Djokovic in ATP Finals thriller

Rediff.com15 Nov 2023

Djokovic did not do much wrong as he battled Sinner and the crowd - regularly jesting with the fans who jeered him throughout the duel.

Healthcare to metals sectors: Finding the discount sweet spot in Nifty50

Healthcare to metals sectors: Finding the discount sweet spot in Nifty50

Rediff.com13 Nov 2023

This is the case even though the benchmark index is only 5 per cent below its all-time high. The list of stocks trading at a discount primarily consists companies in the automotive, banking, oil and gas, insurance, healthcare, and metal sectors.

The Race For MVP Hots Up

The Race For MVP Hots Up

Rediff.com13 Nov 2023

Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after 45 World Cup 2023 games.

Sun Pharmaceutical's vital signs: A strong dose of valuation multiples

Sun Pharmaceutical's vital signs: A strong dose of valuation multiples

Rediff.com13 Nov 2023

Bolstered by an impressive performance in the global specialty business and outstanding results in the Indian market, Sun Pharmaceutical Industries, the largest pharmaceutical (pharma) company in the country, showcased a strong performance in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24).

Telangana polls: Congress fields richest candidates

Telangana polls: Congress fields richest candidates

Rediff.com13 Nov 2023

With declared assets worth over Rs 600 crore, Chennur Congress candidate G Vivekananda is the richest politician contesting in the November 30 assembly polls, followed by P Srinivas Reddy from the same party with over Rs 460 crore.

168,491 Lives Lost In Road Mishaps

168,491 Lives Lost In Road Mishaps

Rediff.com13 Nov 2023

33 per cent of all road accidents and 35 per cent of fatal accidents took place on national highways and expressways.

Forex trade impacted by platform outage, RBI seeks explanation

Forex trade impacted by platform outage, RBI seeks explanation

Rediff.com10 Nov 2023

Trading in the forex market was impacted on Friday as one of the platforms suffered an outage. One of the electronic trading platforms suffered an outage around midday during the trading hours due to which players were unable to log into the system, according to sources. Orders dried up as a result of this, they said, adding that this created a heightened uncertainty in the forex market, causing excess volatility in the Indian rupee, which was avoidable.

What Works For Startups? VC Or Bootstrap?

What Works For Startups? VC Or Bootstrap?

Rediff.com10 Nov 2023

Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.

Champions League PIX: Rashford sent off in shocking defeat; Real advances to last 16

Champions League PIX: Rashford sent off in shocking defeat; Real advances to last 16

Rediff.com9 Nov 2023

Roundup of the Champions League matches played on Wednesday night

How Stokes rescued England from World Cup nightmare

How Stokes rescued England from World Cup nightmare

Rediff.com8 Nov 2023

Stokes ton helps England beat Netherlands, end World Cup losing run

PICS: Stokes earns England consolation win over Dutch

PICS: Stokes earns England consolation win over Dutch

Rediff.com8 Nov 2023

Images from the ICC World Cup match between England and the Netherlands, at the Maharashtra Cricket Association stadium, in Pune, on Wednesday.

Bihar caste survey: 6% graduates, 15% passed Class 10

Bihar caste survey: 6% graduates, 15% passed Class 10

Rediff.com8 Nov 2023

There are nearly 80 lakh graduates in Bihar, which is around 6.11 per cent of the total population, says the caste survey report tabled in Bihar assembly.

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