Search results for 'Indian markets'

PharmEasy's parent has a new playbook: Profit first, growth second

PharmEasy's parent has a new playbook: Profit first, growth second

Rediff.com7 days ago

API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com1 days ago

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

Bank valuations slump despite stronger earnings growth

Bank valuations slump despite stronger earnings growth

Rediff.com26 May 2026

The Bank Nifty is currently trading at a 43.5 per cent discount to the Nifty 50, near its widest gap since 2015, reflecting investor pessimism despite the banking sector's strong earnings growth.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

TCS To Modernise SKF's IT Infrastructure In Multi-Year Deal

TCS To Modernise SKF's IT Infrastructure In Multi-Year Deal

Rediff.com7 days ago

TCS has secured a multi-year deal with Swedish bearings manufacturer SKF to modernise its IT infrastructure and leverage AI for industrial manufacturing.

China's Real Choke Point Starts at Hormuz, Not Malacca: Report

China's Real Choke Point Starts at Hormuz, Not Malacca: Report

Rediff.com5 days ago

A new report suggests China's maritime vulnerability lies in the Strait of Hormuz, not Malacca, creating strategic competition in the Indian Ocean.

Why It Is Time To Double Your SIPs

Why It Is Time To Double Your SIPs

Rediff.com22 May 2026

'You set up your SIPs and you do not touch them. Not during COVID, not during a war scare, not when your neighbour tells you the market is finished. You let the noise pass over you.' 'The beauty of this approach is that it does not require courage or conviction in the moment. It just requires inertia -- keep the SIP running and do not look at your portfolio too often.'

Cocaine worth Rs 1,150cr seized off Mundra coast in Gujarat

Cocaine worth Rs 1,150cr seized off Mundra coast in Gujarat

Rediff.com7 days ago

The Indian Coast Guard and Gujarat ATS seized 115 kg of cocaine, valued at approximately 1,150 crore, from a container vessel off the Mundra coast in a joint operation.

Stock Market Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Stock Market Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Rediff.com1 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

India launches emergency mission to pull 13 ships out of Hormuz

India launches emergency mission to pull 13 ships out of Hormuz

Rediff.com5 days ago

India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.

India rules ICE bike exports, but China dominates E2Ws

India rules ICE bike exports, but China dominates E2Ws

Rediff.com19 May 2026

But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.

How Kushinagar Police Busted International Job Fraud Syndicate

How Kushinagar Police Busted International Job Fraud Syndicate

Rediff.com3 days ago

Kushinagar police busted an international fraud syndicate that allegedly lured Nepali citizens with false promises of jobs and higher education, arresting ten members and rescuing 453 Nepali nationals.

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rediff.com2 Apr 2026

The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.

Century of sporting ties: India to play biggest-ever bilateral series in New Zealand

Century of sporting ties: India to play biggest-ever bilateral series in New Zealand

Rediff.com12 hours ago

India will tour New Zealand for a record 12-match series in late 2026, featuring five T20Is, five ODIs and two Tests, with NZC expecting packed stadiums throughout the marquee contest.

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

Rediff.com5 days ago

"There is a sharp jump that we have seen in bookings of EVs... The jump, at least in our case, in just two months, it is about 2 to 2.5 times of what it used to be"

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com6 days ago

Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

Stock Markets Today: Sensex, Nifty50 Tumble on Fresh Tensions in West Asia

Stock Markets Today: Sensex, Nifty50 Tumble on Fresh Tensions in West Asia

Rediff.com9 Apr 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for April 9, 2026.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com26 May 2026

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

Chennai expected to host this year's Big Bash League opening match

Chennai expected to host this year's Big Bash League opening match

Rediff.com19 May 2026

Chennai is expected to host the opening match of the Big Bash League in December, following a visit by Cricket Australia officials to the MA Chidambaram Stadium.

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Rediff.com25 May 2026

India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.

Markets rally over 1% as US-Iran peace talks hopes drive crude oil below $100

Markets rally over 1% as US-Iran peace talks hopes drive crude oil below $100

Rediff.com15 Apr 2026

Indian benchmark stock indices, Sensex and Nifty, surged over 1 per cent, driven by optimism surrounding potential US-Iran peace talks and a significant drop in crude oil prices below the USD 100 per barrel mark. This de-escalation in geopolitical concerns and easing inflation pressures provided a substantial boost to investor sentiment.

Rupee Rebounds 50 Paise from All-Time Low to Settle at 96.36/$

Rupee Rebounds 50 Paise from All-Time Low to Settle at 96.36/$

Rediff.com21 May 2026

The Indian rupee rebounded 50 paise from its all-time closing low to settle at 96.36 against the US dollar, driven by retreating crude oil prices, signs of easing geopolitical friction, and likely central bank intervention.

Stock Market Today: Sensex, Nifty50 Fall as Oil Price Surge and West Asia Conflict

Stock Market Today: Sensex, Nifty50 Fall as Oil Price Surge and West Asia Conflict

Rediff.com7 Apr 2026

Indian stock market indices Sensex and Nifty experienced a decline in early trade due to surging crude oil prices and ongoing geopolitical uncertainty in West Asia. Foreign fund outflows further contributed to the negative sentiment.

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Rediff.com14 Apr 2026

The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule.

Indian Auto Sector Kicks Off FY27 with Robust Double-Digit Growth in April

Indian Auto Sector Kicks Off FY27 with Robust Double-Digit Growth in April

Rediff.com14 May 2026

Domestic passenger vehicle dispatches in India rose 25.4 per cent year-on-year to 4,37,312 units in April, continuing the strong demand momentum from the previous fiscal year, according to SIAM.

C2i Semiconductors Achieves Milestone With AI Chip Design In India

C2i Semiconductors Achieves Milestone With AI Chip Design In India

Rediff.com6 days ago

Semiconductor startup C2i Semiconductors announced it has taped out a smart power stage chip designed for artificial intelligence infrastructure, marking a significant milestone for India's ambitions in domestic semiconductor production.

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Rediff.com19 May 2026

Net investments into equity mutual fund schemes in India remained elevated at approximately 38,440 crore in April, despite a slight dip from March's high and a 3% month-on-month decline in Systematic Investment Plan (SIP) inflows.

Want To Exchange Gold? Read This First

Want To Exchange Gold? Read This First

Rediff.com2 days ago

'Customers do not recover the original making charges paid on old jewellery. Sentimental value is lost when heirlooms are exchanged.'

Govt raises import duty on gold, silver after PM's appeal

Govt raises import duty on gold, silver after PM's appeal

Rediff.com13 May 2026

The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.

Geopolitical Tensions, Inflation Drive Foreign Investors to Sell Indian Equities

Geopolitical Tensions, Inflation Drive Foreign Investors to Sell Indian Equities

Rediff.com12 Apr 2026

Foreign investors have aggressively sold off Indian equities, withdrawing over 48,213 crore in the first 10 days of April, following a record 1.17 lakh crore outflow in March, driven by escalating geopolitical tensions in West Asia, rising crude oil prices, and global inflation concerns.

Why mixed-use developments are the future of Indian real estate

Why mixed-use developments are the future of Indian real estate

Rediff.com20 Apr 2026

Mixed-use real estate projects, integrating residential, commercial, retail, and hospitality segments, are gaining significant traction in India as developers seek to maximise returns, optimise land use, and diversify cash flows, with experts predicting 35-40% of urban real estate supply will be mixed-use by 2030.

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Rediff.com6 days ago

Bajaj Finserv announced a strategic initiative to invest up to Rs 2,000 crore in artificial intelligence and technology-led startups over the next five years, along with a collaboration with IIT-Bombay for joint research.

Man Held With Crores Of Rupees In Hawala Cash In Hyderabad

Man Held With Crores Of Rupees In Hawala Cash In Hyderabad

Rediff.com6 days ago

A 40-year-old man was apprehended in Hyderabad for allegedly transporting hawala money from Mumbai, with Rs 1.22 crore in cash seized from his possession.

Stock Market Today: Sensex, Nifty50 decline 2% on rising tensions in West Asia

Stock Market Today: Sensex, Nifty50 decline 2% on rising tensions in West Asia

Rediff.com2 Apr 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for April 2, 2026.

Man Held With Crores Of Rupees In Hawala Cash In Hyderabad

Man Held With Crores Of Rupees In Hawala Cash In Hyderabad

Rediff.com7 days ago

A 40-year-old man was apprehended in Hyderabad for allegedly transporting hawala money from Mumbai, with Rs 1.22 crore in cash seized from his possession.

Review: New Honda City Hybrid Is Jack Of All Trades And Masters A Few

Review: New Honda City Hybrid Is Jack Of All Trades And Masters A Few

Rediff.com4 days ago

The new City hybrid might seem expensive at Rs 21 lakh but offers a hybrid powertrain with excellent efficiency plus more aggressive styling.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com13 May 2026

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

DRI Seizes Opium Worth Over Rs 21 Lakh In Ludhiana

DRI Seizes Opium Worth Over Rs 21 Lakh In Ludhiana

Rediff.com19 May 2026

The Directorate of Revenue Intelligence (DRI) in Ludhiana seized over 4 kg of opium worth Rs 21.69 lakh, uncovering a cross-border drug smuggling operation using courier channels.

Gold, silver sell at huge discount after tariff hike

Gold, silver sell at huge discount after tariff hike

Rediff.com15 May 2026

Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.