The rupee, on Thursday, ended below the psychological 67-mark, falling 13 paise to hit over two-week low, on renewed demand for the US dollar amid reports that the commerce ministry might propose devaluation of the domestic currency to give a fillip to the exports sector. To end the day, the rupee settled at 67.02 against the American currency – its Read More

With rising concerns on the growth prospects of the information technology sector, equity fund managers have drastically cut their asset allocation to stocks of software companies this calendar year. They’ve pruned their holdings by 300 basis points since January, to a low of 7.7 per cent in August. This is the lowest monthly exposure to information technology (IT) stocks in Read More

Dismissing beleaguered businessman Vijay Mallya’s claim that he is unable to travel back as his passport has been suspended by the Indian authorities, the government, on Thursday, said any citizen can approach the nearest Indian Embassy or High Commission and apply for an Emergency Certificate to return to the country. Underlining that the Emergency Certificate is specifically meant to provide Read More

Petrol price was on Thursday hiked by 58 paisa a litre while diesel rate was cut by 31 paisa per litre in line with international trends. Petrol will cost Rs 64.05 a litre from midnight tonight as against Rs 63.47. Similarly, diesel will cost Rs 52.63 a litre as compared to Rs 52.94 a litre. This is the second increase Read More

It appears that this particular Hexa has the full suite of accessories that will be made available at launch, such as chrome embellishers, TUFF embossed rear bumper, side step, and extra black plastic cladding. The Hexa measures 4,764 mm in length, 1,895 mm in width and 1,780 mm in height, and has a wheelbase of 2,850 mm. Inside, the Hexa Read More

In a row of non-descript rooms along the third floor corridor at Electronics Niketan in the national capital, which houses the information technology department, people are busy sorting thousands of resumes these days. More than 8,000 professionals, most highly qualified and skilled, have responded within 15 days of an online call by the National Democratic Alliance government, seeking talent from Read More

With rising concerns on the growth prospects of the information technology sector, equity fund managers have drastically cut their asset allocation to stocks of software companies this calendar year. They’ve pruned their holdings by 300 basis points since January, to a low of 7.7 per cent in August. This is the lowest monthly exposure to information technology (IT) stocks in Read More

Shruti, a student I know of at an engineering college in India, spoke to me of the pressure to adopt the ‘bar culture’ — being associated with ‘progressive modernity’. A mixed group of her friends had gone to a nightclub in Delhi. Most of the students in the group were drinking, but Shruti preferred not to. She was told she Read More

The Supreme Court, on Friday, stayed the operation of a National Green Tribunal (NGT) order asking Indian Railways and Delhi Metro Rail Corporation (DMRC) to seek environmental clearances for their projects. A bench comprising Justices T S Thakur and A M Khanwilkar prima facie agreed to the submission of Delhi Metro and Dedicated Freight Corridor Corporation of India (DFCCIL) that Read More

According to the World Health Organization’s Global Report on Drowning 2014, drowning is a serious and neglected public health threat claiming the lives of 3,72,000 people a year worldwide. In order to prevent us from drowning WHO recommends the following preventive measures. For more data driven journalism, take a look at Rediff Labs. [source;rediff.com]