Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a sharp sell-off in IT stocks, a fresh surge in crude oil prices, and sustained outflows from foreign institutional investors. The Sensex dropped over 300 points, while the Nifty declined by 77.95 points.
Nomura has increased its March 2027 target for the Nifty 50 to 25,900, driven by strong corporate earnings and attractive market valuations, even as risks from the West Asia conflict and high oil prices persist.
Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.
The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.
The Xiaomi TV FX Mini LED series combines Full Array Local Dimming technology with a DLG 120 Hz gaming mode on select models for smoother gameplay and enhanced picture quality.
The SIF vertical, which allows MFs to offer complex products to relatively sophisticated investors, has managed to garner scale in just seven months of the launch of the first products.
Three separate trademark applications have been filed seeking rights over the name Cockroach Janata Party, official records showed.
India's services sector growth touched a four-month high in December, supported by new business inflows on strong demand conditions and easing inflationary pressures, a monthly survey said on Monday. The seasonally adjusted HSBC India Services Business Activity Index, rose from 58.4 in November to 59.3 in December, highlighting the strongest rate of expansion in four months.
After living in India's most palatial residence for 12 years, India's first President Dr Rajendra Prasad returned to his simple hut on the banks of the Ganga. He never owned a house of his lifetime.
Employers want to know that you do not just know how to use AI tools like ChatGPT or automation services. They also want to know that you understand what AI is, says Kumar Rajagopalan, vice president-strategic initiatives and country head- India at Dexian, a leading staffing solutions firm.
Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.
The first thing cardholders should do after spotting a suspicious charge is block the card.
India's exports recorded a 13.78 per cent increase to USD 43.56 billion in April, marking the highest monthly outbound shipments in over four years, primarily driven by petroleum products. However, the trade deficit widened to a three-month high of USD 28.38 billion due to a 10 per cent rise in imports.
Lakshya Sen's remarkable comeback, Satwik-Chirag's gritty doubles win, and Ayush Shetty's decisive victory propelled India into the Thomas Cup Finals semifinals with a 3-0 triumph over Chinese Taipei.
Automobile manufacturers have informed NITI Aayog that they face significant challenges in tracing 20-25-year-old vehicles due to multiple ownership changes, hindering their ability to meet Extended Producer Responsibility (EPR) targets for end-of-life vehicles (ELVs). They are seeking government support, including access to updated Vahan registration records, to locate these vehicles and encourage owners to use authorised scrapping centres.
The Delhi High Court has refused to hear a petition seeking intervention against a protest called by the digital outfit 'Cockroach Janta Party' at Jantar Mantar on June 6. The petition raised concerns about law and order and sought crowd-control measures, alleging the group was involved in "transnational institutional destabilization."
Air India is significantly embracing artificial intelligence to enhance operational efficiency, improve customer services, increase revenues, and reduce costs as part of its ambitious transformation plan under the Tata Group.
There has never been a woman Chief Justice of India, although Justice B V Nagarathna is expected to become the first -- in 2027 if the convention of seniority is followed.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
A consumer commission in Nagpur, Maharashtra, has penalised Axis Bank for deficiency in service, ordering a refund and compensation to a customer over a failed ATM transaction from 2018.
From his arrival at the Netaji Subhas Chandra Bose international airport with his wife Jeanette to their visit to the Missionaries of Charity, United States Secretary of State Marco Rubio's hours-long trip -- the first by a US secretary of state to Kolkata since 2012 -- underscored shared values of diplomacy, service and partnership.
Lakshya Sen's remarkable comeback and Satwik-Chirag's gritty doubles win propelled India to a 2-0 lead against Chinese Taipei in the Thomas Cup quarterfinals.
Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.
'We won not (only) because we were able to carry out long-range precision strikes.' 'That is, of course, one of the reasons but we had better situational awareness about what's happening than Pakistan.'
President Droupadi Murmu on Monday conferred seven Kirti Chakras, including two posthumously, to personnel of the armed forces displaying raw courage, unparalleled bravery and total disregard for personal safety in the line of duty.
India and New Zealand are poised to sign a free trade agreement (FTA) on April 27 in New Delhi, aiming to provide tariff-free access for Indian goods to New Zealand's market and attract USD 20 billion in investment over the next 15 years.
An 85-year-old retired MCD official, declared brain-dead after a severe stroke, became an organ donor, saving multiple lives. His family's compassionate decision highlights the critical need for increased organ donation awareness in India, where deceased donor rates remain low despite high demand for transplants.
In a remarkable achievement, a family from Haryana, India, now residing in the UK, celebrates as both the son, Tushar Kumar, and the mother, Parveen Rani, have been elected as mayors in their respective towns. Tushar has become the youngest Indian-origin mayor in the UK.
Sri Lankan opposition leaders are protesting the detention and alleged mistreatment of former state intelligence chief Suresh Sallay, who was hospitalised after a hunger strike. Sallay was arrested in connection with the 2019 Easter Sunday bombings investigation, and his wife has raised concerns about his treatment and restricted access.
The International Olympic Committee mourns the death of veteran Indian sports administrator Randhir Singh, recognising his significant contributions to the Olympic Movement.
'Once the numbers come out, they fear that the OBCs would start to demand, and articulate what they are lacking, why they are lacking and what should be done to go forward.'
An EY India report suggests that banks must compete on customer experience and evolve physical branches into phygital advisory hubs. The report highlights the importance of anticipating customer needs and blending digital tools with human interaction.
A Sri Lankan court has imposed an overseas travel ban on former president Gotabaya Rajapaksa and two former military officers in connection with ongoing investigations into the 2019 Easter Sunday attacks. The ban was issued after the Criminal Investigation Department (CID) raised concerns that their flight could hamper the probe into the coordinated suicide bombings that killed 270 people. The current government reopened the investigation in late 2024, alleging political influence led to an earlier cover-up.
A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.
Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.
Lovlina Borgohain and Sakshi Chaudhary secured their spots for the Commonwealth Games and Asian Games after winning their respective selection trials.
Union Education Minister Dharmendra Pradhan has directed officials to address issues faced by students regarding the CBSE examination system, following allegations of irregularities. The government has committed to transparency and accountability, assuring that all genuine concerns will be addressed effectively.
TMC leader Derek O'Brien highlights the Tata Group's presence and expansion in West Bengal, countering BJP claims about bringing Tata back to the state. Investments and expansions span IT, manufacturing, hospitality, and retail sectors.
Students and families must stress test repayment capacity based on Indian salary standards.
Maruti Suzuki Chairman R C Bhargava is pushing for increased government incentives for biogas-powered vehicles over hybrids, emphasising their net-zero carbon emissions and the valuable organic manure they produce, while also advocating for continued GST benefits for electric vehicles.
