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Why Hyundai Is Not Worried as Car Demand Slows In India

Why Hyundai Is Not Worried as Car Demand Slows In India

Rediff.com16 Sep 2024

As there is a moderation in car sales, dealer stock levels across the entire industry have surged to alarming heights. However, the situation is under control at HMIL.

US Proposal For Expansion of UNSC Is An Empty Gesture

US Proposal For Expansion of UNSC Is An Empty Gesture

Rediff.com16 Sep 2024

By proposing the addition of six permanent members this year, it may appear that it was a major concession, but in actual fact, it will make no difference to the privilege of the permanent five as the new six will have no veto, ever! points out Ambassador T P Sreenivasan.

BSE hoists the sails for Sensex's 'offshore' voyage

BSE hoists the sails for Sensex's 'offshore' voyage

Rediff.com16 Sep 2024

Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.

In a first, govt to conduct yearly private capex survey from October

In a first, govt to conduct yearly private capex survey from October

Rediff.com15 Sep 2024

At a time when the government is nudging the private sector to ramp up its capital expenditure (capex), the Ministry of Statistics and Programme Implementation (MoSPI) is poised to kick-start the first-of-its-kind annual survey on the status of private sector capex from next month. "The inaugural edition of the annual exercise will start in October and will be completed by December. "The results will be made public by February next year," said Geeta Singh Rathore, director general, National Sample Survey Office (NSSO), at a data users' conference on Thursday.

US lenders say Byju's obligated to repay full $1.2 bn Term Loan B

US lenders say Byju's obligated to repay full $1.2 bn Term Loan B

Rediff.com15 Sep 2024

US lenders represented by Glas Trust have countered Byju's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered edtech firm will have to pay the entire $1.2 billion Term Loan B along with interest. The founder of Think and Learn (TLPL) and owner of Byju's brand, Byju Raveendran, had about a week ago said that verified debt on the company is only Rs 20 crore as per insolvency proceedings and he may not have to pay any money to the US lenders represented by Glas Trust.

Neeraj won the silver at Diamond League Finale with fractured hand

Neeraj won the silver at Diamond League Finale with fractured hand

Rediff.com15 Sep 2024

'I want to thank all of you for your encouragement. 2024 has made me a better athlete and person. See you in 2025.'

Umar Khalid completes 4 years in jail without trial

Umar Khalid completes 4 years in jail without trial

Rediff.com15 Sep 2024

Former Jawaharlal Nehru University student and activist Umar Khalid has completed four years in jail after being arrested in connection with the 2020 northeast Delhi communal riots.

Khawaja wary of this 'strategic' Indian bowler

Khawaja wary of this 'strategic' Indian bowler

Rediff.com15 Sep 2024

Australia's last series win against India came in 2014-15, and they haven't tasted victory on Indian soil since 2004-05.

'Don't feel like they're my favourite'

'Don't feel like they're my favourite'

Rediff.com15 Sep 2024

'Hopefully, I can contribute to what's a successful summer for us.'

K'taka BJP MLA held for threatening contractor, using casteist slurs

K'taka BJP MLA held for threatening contractor, using casteist slurs

Rediff.com15 Sep 2024

Citing violation of party discipline, the state BJP has issued a showcause notice to Munirathna and asked him to clarify the allegations before a disciplinary committee within five days.

I've started bowling but I won't take chances: Shami

I've started bowling but I won't take chances: Shami

Rediff.com14 Sep 2024

Mohammed Shami is open to playing domestic cricket if needed to make a comeback to the Indian team.

Why Punjab pacer Gurnoor Brar was called up for India's nets in Chennai

Why Punjab pacer Gurnoor Brar was called up for India's nets in Chennai

Rediff.com14 Sep 2024

Gurnoor Brar has been drafted in specifically to get some simulation for the high-arm action of Bangladesh pacer Nahid Rana

Indian youth tricked into Ukraine war recalls horror

Indian youth tricked into Ukraine war recalls horror

Rediff.com14 Sep 2024

The youth said he was taken close to the frontline but his health deteriorated after spending sleepless nights as the war raged on.

Morkel's Indian Food Craving: A Surprise!

Morkel's Indian Food Craving: A Surprise!

Rediff.com14 Sep 2024

Morne Morkel, has revealed his newfound love for Indian cuisine, particularly dosas and murgh malai chicken.

Meet the first Indian origin player in MLB!

Meet the first Indian origin player in MLB!

Rediff.com14 Sep 2024

Kumar Rocker scripts Major League Baseball history

Passenger vehicle sales dip 2% in August as OEMs cut dispatches

Passenger vehicle sales dip 2% in August as OEMs cut dispatches

Rediff.com13 Sep 2024

Domestic passenger vehicle wholesales declined by about 2 per cent year-on-year in August as companies curtailed dispatches to reduce inventory at dealers amid a drop in demand. According to data issued by the industry body Society of Indian Automobile Manufacturers (SIAM), the total passenger vehicle dispatches in the domestic market stood at 352,921 units last month compared to 359,228 vehicles in August 2023, a dip of 1.8 per cent.

Govt extends deadline for Manipur violence panel report

Govt extends deadline for Manipur violence panel report

Rediff.com13 Sep 2024

The Commission of Inquiry was supposed to submit its report to the central government "as soon as possible but not later than six months from the date of its first sitting".

40 years after anti-Sikh riots, Tytler to finally face trial

40 years after anti-Sikh riots, Tytler to finally face trial

Rediff.com13 Sep 2024

Special Judge Rakesh Siyal directed that Jagdish Tytler face trial.

What's Next for Piyush Chawla?

What's Next for Piyush Chawla?

Rediff.com13 Sep 2024

When asked about his retirement plans, Chawla jokingly mentioned that he would retire after Mahendra Singh Dhoni.

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

Rediff.com13 Sep 2024

The US unit of PwC will lay off about 1,800 workers, marking its first formal job cuts since 2009 as the company seeks to restructure its technology group. This comes amid a slowdown in demand for some of its advisory business, according to a Wall Street Journal report. Half of the anticipated layoffs will target offshore positions, impacting a wide range of employees from associates to managing directors.

Okay To Live Apart When You're Married?

Okay To Live Apart When You're Married?

Rediff.com13 Sep 2024

While it's important to work towards saving your marriage, you must also be willing to accept that the outcome may not be what you hope for, says Dr Ashish Sehgal.

Sector 36 Review: Nightmarish

Sector 36 Review: Nightmarish

Rediff.com13 Sep 2024

Sector 36 goes for the gruesomeness and shock; watching it needs a tough heart or a quick averting of the eyes, warns Deepa Gahlot.

'Guns Never Bring Peace'

'Guns Never Bring Peace'

Rediff.com13 Sep 2024

'They only bring pieces. Dialogue is the only way forward.' 'We should get people who have influence to bring the community leaders to sit across the table and talk.' 'Otherwise, our adversaries across the borders will add fuel to the fire. Let's not give them a chance.'

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

12 industrial smart cities - A vital cog in India's development journey

12 industrial smart cities - A vital cog in India's development journey

Rediff.com13 Sep 2024

Given the high priority accorded to the manufacturing sector, several policy initiatives around the theme of Atmanirbhar Bharat have been set in motion to address its competitiveness and growth. Some notable examples include the PLI scheme and the employment-linked incentive scheme announced in the recent Union Budget. The Budget also announced the setting up of 12 industrial parks under the National Industrial Corridor Development Programme (NICDP).

Helicopter 'stolen' in truck in UP? Police clarifies

Helicopter 'stolen' in truck in UP? Police clarifies

Rediff.com13 Sep 2024

Police said they had received a complaint from one Ravindra Singh, a pilot with SAR Aviation Service Private Limited, who alleged that his firm's helicopter was stolen. Singh claimed that the chopper was taken away in parts in a truck by some people in May. He claimed that he was assaulted when he confronted those people.

Adani-Hindenburg row: Swiss authorities freeze $310 mn in fund

Adani-Hindenburg row: Swiss authorities freeze $310 mn in fund

Rediff.com13 Sep 2024

Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of money laundering allegations into Adani Group, US-based short seller Hindenburg Research claimed citing media report - a charge that the conglomerate vehemently denied. In a post on X, Hindenburg cited "newly released Swiss criminal records reported by Swiss media outlet" to state that "Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of a money laundering and securities forgery investigation into Adani, dating back as early as 2021."

11-year-old patient raped in UP hospital, doctor held

11-year-old patient raped in UP hospital, doctor held

Rediff.com13 Sep 2024

An FIR has been lodged in this case against the junior doctor of the pediatric department of the SN Medical College and Hospital, they said.

It's Raining Discounts On Cars!

It's Raining Discounts On Cars!

Rediff.com13 Sep 2024

'We are seeing one of the highest discounts in recent years across companies.' 'October is a crucial month with several festivals coming up.'

'BJP Is Losing Ground Rapidly In J&K'

'BJP Is Losing Ground Rapidly In J&K'

Rediff.com13 Sep 2024

'Everyone is unhappy with the lieutenant governor's administration, which is ignorant, high-handed, and inaccessible.'

Is Hardik Pandya preparing for Test comeback?

Is Hardik Pandya preparing for Test comeback?

Rediff.com13 Sep 2024

Hardik Pandya on Thursday posted a video of himself bowling with the red-ball during a training session in England.

Is total disengagement in eastern Ladakh on the cards?

Is total disengagement in eastern Ladakh on the cards?

Rediff.com13 Sep 2024

In the meeting, Doval conveyed to Wang that peace and tranquillity in border areas and respect for the Line of Actual Control are essential for return of normalcy in bilateral ties, according to the ministry of external affairs.

EPL: Why Manchester City face points deduction or relegation

EPL: Why Manchester City face points deduction or relegation

Rediff.com13 Sep 2024

Manchester City were referred to an independent commission over the alleged breaches of financial regulations, which go back to the 2009-10 campaign.

How Yechury forced then PM Indira Gandhi to quit

How Yechury forced then PM Indira Gandhi to quit

Rediff.com12 Sep 2024

There was a protest in the university demanding Gandhi's resignation as the chancellor and the students decided to walk down to her residence and paste a memorandum demanding her resignation on the door.

India's industrial growth slowed to 4.8% in July

India's industrial growth slowed to 4.8% in July

Rediff.com12 Sep 2024

India's industrial production output decelerated to 4.8 per cent year-on-year in July 2024, mainly due to poor performance of the manufacturing and mining sectors, as per official data released on Thursday. The factory output growth, measured in terms of the Index of Industrial Production (IIP), was revised to 4.7 per cent in June from provisional estimates of 4.2 per cent released last month. The IIP for July 2024 was 4.8 per cent, as per the data.

Retail inflation inches up marginally to 3.65% in Aug

Retail inflation inches up marginally to 3.65% in Aug

Rediff.com12 Sep 2024

Retail inflation in August inched up to 3.65 per cent, though vegetables and pulses witnessed price rise in double digits, according to official data released on Thursday. The retail inflation based on the Consumer Price Index (CPI), however, remained below the Reserve Bank's median target of 4 per cent for the second month in a row. It was at a five-year low of 3.6 per cent in July.

EPL: Arteta extends stay with Arsenal

EPL: Arteta extends stay with Arsenal

Rediff.com12 Sep 2024

Former Arsenal midfielder Mikel Arteta took over in December 2019 after a three-year stint at Manchester City as an assistant coach to Pep Guardiola.

UK clears decks for 500 mn grant for Tata Steel's Port Talbot project

UK clears decks for 500 mn grant for Tata Steel's Port Talbot project

Rediff.com12 Sep 2024

The Labour government in the UK has cleared the decks for a 500 million grant to Tata Steel, paving the way for decarbonisation of the company's British business and a sustainable financial future. In a statement, Tata Steel said that it has signed a 500 million Grant Funding Agreement (GFA) with the UK government, allowing it to "proceed at pace with the project to install a state-of-the-art electric arc furnace (EAF) at the Port Talbot steelworks in Wales". This is part of the 1.25 billion green steel project in Port Talbot, of which Tata Steel's investment is to the tune of 750 million.

BRS MLA offers saris, bangles to 10 defectors, Cong hits back

BRS MLA offers saris, bangles to 10 defectors, Cong hits back

Rediff.com12 Sep 2024

Congress leader and chairperson of the Telangana State Women's Cooperative Development Corporation, B Shobha Rani, hit out at Reddy over his comments saying he insulted women with his disrespectful comments.

Duleep Trophy: Ishan Kishan makes a statement with century!

Duleep Trophy: Ishan Kishan makes a statement with century!

Rediff.com12 Sep 2024

Batting at No 4, Ishan Kishan smashed 111, hitting 14 fours and three sixes in his 126-ball knock to rally India C against India B.

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