Bidding for Prime Minister Narendra Modi's pin-striped bandhgala suit intensified on Thursday with a Surat-based diamond trader offering Rs 1.48 crore, upping his earlier stake by Rs nine lakh and eclipsing the bid of Rs 1.41 crore of a Bhavnagar businessman. A visitor looks at the monogrammed suit of PM Modi, which has gone up for auction. Photograph: PTI photo Surat-based Mukesh Patel enhanced his bid to Rs 1.48 crore from Rs 1.39 crore he had offered earlier. The fresh offer outstrips by Rs ... Rediff.com, 1 week ago
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The gap between real growth and the government statistics has never seemed wider than today, notes Rahul Jacob. Image: Gap between real growth and the government statistics has never seemed wider than today. Photograph: Reuters For the past decade and a half, economists have grappled with the puzzle of just how reliable China’s gross domestic product (GDP) growth rate numbers are. Not only did the numbers come in consistently close to the Communist Party’s ...Rediff.com, 1 week ago
Oil prices, which have come off sharply in the past few months, recently bounced a bit to around $61 a barrel (Brent crude). However, leading brokerages believe prices are going to rise by December 2016, though they could see some fall from current levels by the end of the current calendar year. Bloomberg says the 2015 average crude oil target price of 10 leading global brokerages polled recently is $58.8 a barrel, four per cent lower than Wednesday’s $61. This is likely to rise to $74.6 ...Rediff.com, 1 week ago
Nashville,Tenn: If Nashville fans thought they’d be rubbing elbows with models clad in bikinis at Wednesday’s celebration of the 2015 Sports Illustrated Swimsuit Issue, they were disappointed, as all the models were fully clothed.But the ...IndiaTV News, 2 weeks ago
Emergency teams remove pieces of wreckage at the site of the crashed TransAsia Airways plane Flight GE235 in New Taipei City. Photograph: Pichi Chuang/Reuters The pilot of the ill-fated TransAsia plane was still clutching the joystick when his body was found in the cockpit, after he battled to avoid populated areas, reports said on Friday. Pilot Liao Chien-Tsung, 41, was among at least 35 people who lost their lives in the accident. Fifteen people survived and rescuers are still searching the ...Rediff.com, 3 weeks ago
In most past instances when big offers hit the market, broader indices corrected 2-4% Image:A child walks between the ‘Bulle und Baer’ (Bull And Bear) sculptures next to Frankfurt’s stock exchange. Photograph: Tobias Schwarz/Reuters. Share-sale offers of public-sector companies like Coal India, Oil and Natural Gas Corp (ONGC), Power Finance Corp (PFC) and Rural Electrification Corp (REC) over the next two months suggest the markets might see some correction in the near term.Rediff.com, 1 month ago
Ghana fans await the start of their team's soccer match against South Africa at the 2015 African Cup of Nations in Mongomo. Photograph: Mike Hutchings/Reuters African Nations Cup is undermined and football fans outside Africa do not give it importance. Cameroon's most BIZARRE and HORRENDOUS football kits! But the fans in Mongomo, Equatorial Guinea stadium were in full voice to cheer their players. Ghana produced a storming comeback and Algeria ratified their top ranking as both advanced ...Rediff.com, 1 month ago
Vlad Chiriches of Spurs (6) celebrates with teammates after scoring their third goal during the FA Cup third round Replay match against Burnley at White Hart Lane in London on Wednesday. Photograph: Julian Finney/Getty Images Tottenham Hotspur stormed back from 2-0 down to beat Burnley 4-2 in their FA Cup third-round replay on Wednesday despite resting their top striker in the once-fabled competition. Red-hot Harry Kane watched from the bench as Danny Rose sealed the home victory for ...Rediff.com, 1 month ago
Investors could seek open-offer waiver from Sebi for about a 25% stake In a reprieve for troubled low-cost carrier SpiceJet, the government has decided to extend the credit period for its dues to state-run Airports Authority of India till the end of January, after the airline gives a revival plan with details of fresh investment on Thursday, say senior civil aviation ministry officials. The carrier is also expected to give an investment plan to the Securities and Exchange Board of India, with ...Rediff.com, 1 month ago
Cherif Kouachi, 32, and his brother Said, 34, accused of carrying out the massacre at the Charlie Hebdo office in Paris, managed to slip under the radar despite them being on counterterrorism agencies' radar for years before Wednesday’s attack. French intelligence was aware that Said Kouachi had travelled to Yemen in 2011 to receive training from an Al-Qaeda's affiliate in small arms combat and marksmanship. Cherif had earlier been sentenced to 3 years of jail for his connection with a ...Rediff.com, 1 month ago
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