Indian benchmark equity indices, Sensex and Nifty, extended their rally for a fifth consecutive session, driven by optimism surrounding a potential US-Iran peace deal and a significant drop in crude oil prices. Despite hawkish remarks from the US Fed, investors remain hopeful that easing energy prices could temper inflationary pressures.
Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.
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Germany goalkeeper Manuel Neuer is facing potential scrutiny from FIFA after appearing to breach tournament equipment regulations during a World Cup match. He reportedly cut the sleeves off his long-sleeved jersey and wore a white undershirt that did not match his outer kit, both actions potentially violating FIFA rules on uniform consistency.
'I obsessively close the apps on my phone all the time.'
Serena to reignite Venus partnership after receiving Wimbledon doubles wildcard.
Facing a massive rebellion of MLAs and MPs after its defeat in the West Bengal assembly polls, the Trinamool Congress (TMC) has begun an organisational reset, with sources saying the focus is on top leaders increasing direct engagement with workers and reducing dependence on political-consultancy firm I-PAC.
The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.
The launch highlights the growing maturity of India's nuclear medicine ecosystem.
Italian Prime Minister Giorgia Meloni and Prime Minister Narendra Modi playfully acknowledged their viral 'Melodi' trend at the G7 Summit, with Meloni joking, "We are the most famous couple on Instagram."
A new report by EY-Parthenon and CREDAI indicates that Generative AI (GenAI) could inject USD 14-17 billion into India's real estate economy over the next seven years. The technology is expected to significantly enhance operational efficiency, boost sales velocity by 30-50 per cent, and accelerate product launches, offering competitive differentiation and improved customer experiences for developers.
Torrent Pharma has emerged as a top sectoral pick for brokerages, driven by healthy growth in India revenues and improved gross margins, leading to a 44 per cent stock return over the past year.
'It shows that access to these technologies cannot be taken for granted.'
Jyoti Gulia and Aakash have been added to the Indian boxing squad for the World Boxing Cup Stage 2 in Guiyang, China, after Boxing Federation of India President Ajay Singh intervened to ensure their participation despite not being initially part of the government-sanctioned contingent. Their inclusion expands the Indian team to 20 boxers.
The Wrestling Federation of India (WFI) has formally requested the Unique Identification Authority of India (UIDAI) to permanently retain Aadhaar update histories related to date-of-birth changes and to restrict such modifications after a significant period. This move is part of WFI's intensified crackdown on age fraud in wrestling, which has seen numerous disqualifications and suspensions, aiming to ensure fair play and transparency in age-group competitions.
A Calcutta High Court judge, Gaurang Kant, disclosed that his elder brother is a national spokesperson for the BJP while hearing Mamata Banerjee's petition challenging the Bhabanipur assembly seat poll result. Despite the disclosure, Banerjee's lawyer expressed full confidence in the judge.
Delhi Police has invoked the Maharashtra Control of Organised Crime Act (MCOCA) against an alleged multi-state crime syndicate led by Nasir Hafiz Khan, who is accused of numerous robberies and cheating cases. The action follows an investigation into a 2025 robbery, revealing Khan's extensive criminal history and previous MCOCA booking.
Japan's fans once again captured the world's admiration after clearing thrash from the stands following their Group F match against the Netherlands on Sunday.
Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.
Merlin, a domesticated duck dressed in a miniature Mexico shirt and custom socks, has become an unexpected unofficial mascot for Mexico's World Cup team. After going viral during street celebrations, Merlin's popularity soared, with fans embracing the feathered supporter and his owner, Karla Gomez, expressing delight at his newfound fame.
Indrans' standout performance deserves a sharper screenplay than this over-edited, all-too-familiar revenge saga, rues Sreeju Sudhakaran.
India Women's cricket team, fresh off two commanding victories, prepares to face a strong South Africa side in a crucial ICC Women's T20 World Cup Group 1 match. The contest is expected to highlight India's powerful top order against South Africa's varied bowling, with both teams aiming to build momentum and address fielding improvements.
A 57-year-old man from Thane district was defrauded of Rs 9.08 lakh by cyber criminals who used a malicious link disguised as a Mahanagar Gas bill payment update, gaining remote access to his device and siphoning funds.
rediffGURU T S Khurana answers readers' personal income tax queries
Delhi Police have arrested Sourav, a 30-year-old man, for allegedly using AI-generated morphed images to blackmail young women and extort money. He would pose as a job provider, obtain resumes, and then manipulate screenshots from video calls to create obscene images for extortion. The arrest followed a complaint from a 19-year-old victim who was repeatedly blackmailed.
The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Punjab Chief Minister Bhagwant Mann stated that the people of the state rejected traditional parties in 2022 and will not allow their return. He criticised the BJP for alleged misuse of central agencies and the Akali Dal-BJP alliance, calling it fatal. Mann also slammed the Congress for internal rivalries and lack of vision for Punjab.
India's manufacturing sector activity reached a three-month high in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0, driven by robust domestic demand, infrastructure projects, and new business gains despite ongoing inflationary pressures.
Adidas shares rise after Sabastian Sawe's historic sub-two-hour London Marathon win, with top finishers wearing the brand's premium Adizero Pro Evo 3 "supershoes."
Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.
India has maintained its number one position in the ICC Men's ODI Team Rankings after the annual update, though their lead over New Zealand has decreased. The update also saw South Africa climb to fourth place, overtaking Pakistan, and several other shifts in the lower ranks. India also leads the Men's T20I rankings, while Australia tops the Test and Women's ODI and T20I lists.
A 20-year-old hotel receptionist in Delhi has been arrested for allegedly stealing a guest's mobile phone and fraudulently transferring Rs 1.10 lakh from his bank account using IMPS transactions. Police have recovered the stolen phone and frozen a significant portion of the stolen amount.
Indian benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global rally and a sharp decline in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
Maharashtra FDA Commissioner Tukaram Mundhe has directed officials to invoke the stringent Maharashtra Control of Organised Crime Act (MCOCA) against gangs involved in the illegal manufacture and sale of gutka and other banned tobacco products. This move aims to treat such activities as serious organised crimes affecting public health, rather than mere regulatory violations, due to the sophisticated nature of the illegal trade.
Maharashtra FDA Commissioner Tukaram Mundhe has directed officials to invoke the stringent Maharashtra Control of Organised Crime Act (MCOCA) against gangs involved in the illegal manufacture and sale of gutka and other banned tobacco products. This move aims to treat such activities as serious organised crimes affecting public health, rather than mere regulatory violations, due to the sophisticated nature of the illegal trade.
Afghanistan relying on seasoned spin trio to script first ever win over India
Police in Bengaluru arrested a woman for allegedly operating a prostitution racket from a rented house, rescuing two women involved. The accused confessed to facilitating services for financial gain, and further investigation is underway by the Central Crime Branch's Women Protection Squad.
Crude oil prices reached a new record high in futures trade, both domestically and internationally, as escalating military tensions between the US and Iran in West Asia continue to fuel market volatility. Diplomatic efforts concerning the Strait of Hormuz are being closely watched for potential price stabilisation.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a positive trend in global markets, cooling crude oil prices following a US-Iran peace deal, and fresh foreign fund inflows.
