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Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Rediff.com12 Jun 2026

Indian benchmark indices Sensex and Nifty surged significantly in early trade, tracking a global rally fueled by US President Donald Trump's declaration of an end to the war with Iran and a subsequent drop in crude oil prices.

A year after AI-171 crash killed 260, burnt hostel awaits demolition

A year after AI-171 crash killed 260, burnt hostel awaits demolition

Rediff.com12 Jun 2026

Residents of Meghaninagar vividly remember the explosion that shook the neighbourhood on the afternoon of June 12, 2025. An Air India Boeing 787 Dreamliner bound for London had crashed into the hostel blocks of B J Medical College. A massive fire broke out, sending clouds of smoke into the sky.

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Rediff.com12 Jun 2026

Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.

Pakistan Rejects India's PoK Allegations, Issues Water Warning

Pakistan Rejects India's PoK Allegations, Issues Water Warning

Rediff.com11 Jun 2026

Pakistan has criticised India's recent remarks on Pakistan-occupied Kashmir (PoK) protests, asserting it is addressing issues democratically. Pakistan also warned India against blocking water, calling it an "act of war," and commented on India's nuclear capabilities and its own military strikes in Afghanistan.

8 Countries Using The Most LPG

8 Countries Using The Most LPG

Rediff.com17 Mar 2026

How widely is LPG used around the world? In 2022, the average LPG consumption across 190 countries stood at 56.33 thousand barrels per day. At the very top sits China, consuming a massive 2,457.39 thousand barrels per day, making it the world's largest LPG user by a wide margin. At the other end of the spectrum is Burundi, which recorded zero LPG consumption during the same year. The LPG consumption indicator is available for the period 1980 to 2023.

Holoflex Plans Major Investment Amid Rising Counterfeit Concerns

Holoflex Plans Major Investment Amid Rising Counterfeit Concerns

Rediff.com11 Jun 2026

Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.

India Is Lucky To Have Both Nehru And Modi

India Is Lucky To Have Both Nehru And Modi

Rediff.com10 Jun 2026

If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).

Iran's World Cup team arrives in Tijuana amid US tensions

Iran's World Cup team arrives in Tijuana amid US tensions

Rediff.com8 Jun 2026

For Iran's team, the FIFA World Cup has been marred by fraught politics at home, the war with the US, and tensions over whether they would actually be able to set foot on US soil to play their games.

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Rediff.com12 Jun 2026

Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.

'Screamed from rooftops': Residents use saris to climb down in Delhi fire

'Screamed from rooftops': Residents use saris to climb down in Delhi fire

Rediff.com12 Jun 2026

A devastating fire in a five-storey residential building in southeast Delhi's Govindpuri claimed the lives of three family members and critically injured two others. Residents resorted to desperate measures, including climbing out of windows with the help of sarees and shouting for help from the rooftop, as thick smoke and flames engulfed the structure.

First in six decades: Australia pick India-born Nikhil Chaudhary for Bangladesh T20s

First in six decades: Australia pick India-born Nikhil Chaudhary for Bangladesh T20s

Rediff.com11 Jun 2026

Delhi-born Nikhil Chaudhary, who played for Punjab till 2016-2017, was called up to the Australian T20 squad for a three-match tour to Bangladesh next week.

MEA Confirms 13 Foreign Nationals Died In Delhi Hotel Fire

MEA Confirms 13 Foreign Nationals Died In Delhi Hotel Fire

Rediff.com5 Jun 2026

The Ministry of External Affairs confirmed that 13 foreign nationals were among the 21 people who died in a recent hotel fire in south Delhi. The MEA is coordinating with respective embassies to provide assistance.

Will nightclub incident end Ben Stokes' Test career?

Will nightclub incident end Ben Stokes' Test career?

Rediff.com10 Jun 2026

England cricket captain Ben Stokes is reportedly considering his leadership future after being involved in a nightclub incident that has triggered an investigation by the England and Wales Cricket Board (ECB). Fast bowler Gus Atkinson is also under investigation following the undisclosed incident after England's Test victory over New Zealand.

MY Bharat Youth Convention: Empowering India's Future Leaders

MY Bharat Youth Convention: Empowering India's Future Leaders

Rediff.com5 Jun 2026

The MY Bharat Youth Convention in New Delhi will host over 6,000 youngsters, featuring interactions with prominent personalities and felicitating emerging talents. Organised by the Ministry of Youth Affairs and Sports, the event aims to empower youth towards the vision of Viksit Bharat @2047. It also celebrates MY Bharat's recent Guinness World Record for youth engagement.

New Bengal Industries Minister Tapas Roy Vows To Bring Back Tatas

New Bengal Industries Minister Tapas Roy Vows To Bring Back Tatas

Rediff.com10 Jun 2026

Newly appointed Bengal Industries Minister Tapas Roy has announced ambitious plans to attract significant investments, particularly from the Tata Group, to revive industrial growth in West Bengal. He aims to restore investor confidence, bring back businesses that left the state, and create an industry-friendly environment focused on manufacturing, services, and renewable energy.

US Vice Prez Vance rejects claims of $24 bn sweetener for Iran deal

US Vice Prez Vance rejects claims of $24 bn sweetener for Iran deal

Rediff.com13 Jun 2026

US Vice President JD Vance on Friday dismissed reports suggesting that Iran would receive financial incentives merely for signing the peace deal between Washington and Tehran aimed at ending the hostilities in West Asia, calling such claims "fake information".

Can Dinesh Trivedi Reset India-Bangladesh Ties?

Can Dinesh Trivedi Reset India-Bangladesh Ties?

Rediff.com12 Jun 2026

Dinesh Trivedi's experience as a businessperson and his fluency in Bengali are expected to be crucial in strengthening India-Bangladesh relations, particularly in attracting Indian investments to Dhaka.

US launches new strikes on Iran after Trump vows to hit 'hard'

US launches new strikes on Iran after Trump vows to hit 'hard'

Rediff.com11 Jun 2026

The United States Central Command (CENTCOM) has launched self-defence strikes against multiple targets in Iran, citing ongoing Iranian aggression. This action has led to Iran's Red Crescent placing emergency centres on high alert amidst reports of explosions in several Iranian cities. Concurrently, Iraqi media claims Iran retaliated with a missile strike on a US air base in Erbil.

Putin: Sanctions threat on India will 'boomerang' under Modi

Putin: Sanctions threat on India will 'boomerang' under Modi

Rediff.com6 Jun 2026

Russian President Vladimir Putin asserted that any attempts to undermine India's sovereignty through 'threats of sanctions' would 'boomerang immediately' under Prime Minister Narendra Modi's leadership, highlighting India's sovereign decision-making and strong national interests.

Journalist Attempts Self-Immolation At Police Station

Journalist Attempts Self-Immolation At Police Station

Rediff.com10 Jun 2026

A man claiming to be a journalist attempted self-immolation at a police station in Meerut, Uttar Pradesh, alleging police inaction after he was allegedly abducted, assaulted, and robbed. Police intervened and stopped the attempt, and an investigation is now underway.

How India plans to counter external risks facing its economy

How India plans to counter external risks facing its economy

Rediff.com9 Jun 2026

The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.

Salesforce Pledges AI Skill Development For 1 Million In India

Salesforce Pledges AI Skill Development For 1 Million In India

Rediff.com9 Jun 2026

Global tech major Salesforce has committed to equipping one million learners across India with AI-focused skills by 2030, leveraging government partnerships, virtual internships, academic centres, and its partner network.

Modi surpasses Nehru, becomes India's longest-serving elected PM

Modi surpasses Nehru, becomes India's longest-serving elected PM

Rediff.com10 Jun 2026

The National Democratic Alliance (NDA) is set to hold a crucial meeting to celebrate Prime Minister Narendra Modi becoming India's longest continuously serving elected prime minister, surpassing Jawaharlal Nehru's record of 4,399 days.

Jharkhand Police Arrest Five For Deputy Mukhiya's Murder

Jharkhand Police Arrest Five For Deputy Mukhiya's Murder

Rediff.com5 Jun 2026

Five individuals have been arrested in Jharkhand's West Singhbhum district in connection with the murder of former deputy mukhiya Sanjay Boipai. Police suspect a land dispute and personal enmity led to a contract killing, with the alleged mastermind and four contract killers apprehended.

Can AI Replace Astrologers?

Can AI Replace Astrologers?

Rediff.com13 Jun 2026

As AI enters astrology apps and predictions, technology is becoming a new interface for humanity's oldest questions about uncertainty and the future.

Air India is in the midst of an ambitious transformation plan, but...: CEO Campbell Wilson

Air India is in the midst of an ambitious transformation plan, but...: CEO Campbell Wilson

Rediff.com9 Jun 2026

Outgoing Air India CEO Campbell Wilson stated that the airline's foundations have been rebuilt over the last four years, but non-delivery of aircraft on schedule has significantly impacted growth and fleet modernisation. He also revealed he has no plans to take up another full-time executive position after stepping down.

How Cyber Police Uncovered A Major Cambodia-Based Online Fraud Network

How Cyber Police Uncovered A Major Cambodia-Based Online Fraud Network

Rediff.com7 Jun 2026

Cyber Police have arrested Abdu Rahman in Delhi, a key accused in a Cambodia-based online fraud network. This syndicate, which initially used online trading and loan scams, shifted to matrimonial platforms to defraud Indian citizens, including a Kochi doctor who lost Rs 37 lakh. The network recruits Indians to work in scam centres in Cambodia and has been responsible for numerous online frauds.

L&T bets big on 'digital workers' to overcome manpower challenges in projects

L&T bets big on 'digital workers' to overcome manpower challenges in projects

Rediff.com9 Jun 2026

Larsen & Toubro (L&T) is significantly investing in automation, robotics, and technology-led solutions to scale up its construction activities, as increasing traditional manpower is no longer a viable growth option, according to CFO R Shankar Raman.

India, Venezuela vow long-term energy tie-up

India, Venezuela vow long-term energy tie-up

Rediff.com4 Jun 2026

India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.

Why India-China Border Dispute Remains Unresolved

Why India-China Border Dispute Remains Unresolved

Rediff.com8 Jun 2026

While tensions have eased at several friction points and mechanisms for managing the boundary have been reactivated, underlying differences persist. Disputes over naming practices in Arunachal Pradesh, continued infrastructure development on both sides, and unresolved questions regarding patrolling rights indicate that the structural gap remains, notes Dr Kumar.

Police Arrest Man For Woman's Charred Body Murder

Police Arrest Man For Woman's Charred Body Murder

Rediff.com10 Jun 2026

Navi Mumbai police have arrested a brick supplier in connection with the murder of a woman whose charred body was found two months ago. The accused, Karan Namdev Patil, allegedly killed Anitadevi Bhagwan Rajbhar to escape marriage pressure, bludgeoning her and then burning her body to destroy evidence. The case was solved through meticulous police work, including identifying jewellery and analysing call data records.

Modi to meet Trump in France?

Modi to meet Trump in France?

Rediff.com10 Jun 2026

India and the US are reportedly exploring a potential meeting between Prime Minister Narendra Modi and US President Donald Trump on the sidelines of the G7 summit in France next week, aiming to rebuild bilateral ties after recent tensions.

India Demands Justice For Slain UN Peacekeeper In Lebanon Attack

India Demands Justice For Slain UN Peacekeeper In Lebanon Attack

Rediff.com5 Jun 2026

India has strongly condemned an attack on UN peacekeepers in Lebanon that resulted in the death of a Serbian Blue Helmet and injuries to two others. The nation has called for an immediate and thorough investigation to ensure accountability for the perpetrators. This incident follows a series of attacks on UNIFIL personnel amidst escalating hostilities in the region, prompting global calls for peacekeeper safety.

Trump praises Modi, says India 'took advantage' of US policies

Trump praises Modi, says India 'took advantage' of US policies

Rediff.com5 Jun 2026

Responding to a question on the trade deal being negotiated between the two countries, Trump said India had taken advantage of US policies for years and charged tremendous tariffs.

TMC crisis deepens as Sudip Bandyopadhyay meets BJP leaders

TMC crisis deepens as Sudip Bandyopadhyay meets BJP leaders

Rediff.com13 Jun 2026

Senior Trinamool Congress (TMC) MP Sudip Bandyopadhyay's meeting with Union Minister Bhupender Yadav and allegedly with Home Minister Amit Shah has ignited fresh political speculation about his potential defection and the formation of a dissident parliamentary faction, further deepening the turmoil within the Mamata Banerjee-led party.

Gujarat Intensifies Crackdown On Undocumented Bangladeshi Nationals

Gujarat Intensifies Crackdown On Undocumented Bangladeshi Nationals

Rediff.com8 Jun 2026

Gujarat's "Operation Delta Hunt" has led to the apprehension of over 600 undocumented Bangladeshi nationals, including women and children, across various districts. The state-wide drive, which began on June 3, uses technical surveillance and human intelligence to identify and detain illegal immigrants, with authorities also investigating those who provide them accommodation or employment without verification.

Notorious Criminal Sonu Injured In Delhi Police Encounter

Notorious Criminal Sonu Injured In Delhi Police Encounter

Rediff.com10 Jun 2026

A man with 17 criminal cases, identified as Sonu, was injured in a police encounter near Moolchand Metro station in New Delhi after he allegedly opened fire on officers. Police had laid a trap based on a tip-off, and Sonu was apprehended after sustaining a bullet injury to his leg. His arrest has helped solve six snatching cases.

Sri Lanka Court Imposes Travel Ban On Gotabaya Rajapaksa Over Easter Attack Probe

Sri Lanka Court Imposes Travel Ban On Gotabaya Rajapaksa Over Easter Attack Probe

Rediff.com3 Jun 2026

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.

Airtel Defends Its Priority Postpaid Plans

Airtel Defends Its Priority Postpaid Plans

Rediff.com6 Jun 2026

Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.

RIL to build Meta's first AI data centre in India

RIL to build Meta's first AI data centre in India

Rediff.com11 Jun 2026

Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.