WPI inflation down to 3-month low. Will RBI cut rate in Feb?

Wholesale price based inflation declined to a 3-month low of 1.89 per cent in November on cheaper food items, and experts predicted a 0.25 per cent interest rate cut by the RBI in the policy review......

Rupee may depreciate to 84.5 against US dollar by end of December

The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. Illustration: Dominic Xavier/Rediff.com This is due to the continued strengthening of the......

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

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......

AIF returns trailed market gains in Dec

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Illustration: Uttam Ghosh/Rediff.com Close-ended......

Has IPL Lost Its Valuation Lustre?

'If tech giants like Amazon, Google, Apple and Meta enter the IPL broadcasting arena, it could further revolutionize sports media in India.' IMAGE: Kolkata Knight Riders players celebrate winning......

Fear of BCCI backlash, ECB turns down Lalit Modi

IMAGE: The England Board rejected Lalit Modi's offer. Photograph: Jed Leicester Livepic via Reuters Unwilling to jeopardise its cordial relationship with the all-powerful BCCI, the England and......

Big pay day! BCCI could earn USD 1.15 billion in revenue share

IMAGE: During the next cycle, BCCI could earn a 38.50 percent of ICC’s annual revenue. Photograph: BCCI The Indian cricket board (BCCI) could witness another round of cash windfall during......

SA T20 Auctions: IPL teams spend big, Stubbs biggest buy

IMAGE: With a salary cap of R 34 million (US$1.9 million approx, INR 15 crore) per team, robust bidding was witnessed with Tristan Stubbs, who plays for Mumbai Indians in the IPL, being the most......