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Stock Markets Surge as Crude Oil Dips Below $100 Amid US-Iran Deal Hopes

Stock Markets Surge as Crude Oil Dips Below $100 Amid US-Iran Deal Hopes

Rediff.com25 May 2026

Indian benchmark equity indices Sensex and Nifty surged in early trade, driven by a sharp correction in crude oil prices below USD 100 per barrel and a rally in global markets, fuelled by improving sentiment surrounding US-Iran negotiations.

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Rediff.com2 Jun 2026

Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.

Sensex drops over 300 points, Nifty declines amid IT sell-off, rising crude

Sensex drops over 300 points, Nifty declines amid IT sell-off, rising crude

Rediff.com3 Jun 2026

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.

Karnataka Launches AI-Ready KEO PCs To Bridge Digital Divide

Karnataka Launches AI-Ready KEO PCs To Bridge Digital Divide

Rediff.com10 Jun 2026

Karnataka is rolling out the first batch of 2,000 indigenously developed AI-ready KEO PCs, priced at Rs 18,999, to rural libraries and educational institutions. This initiative aims to extend artificial intelligence and digital literacy beyond urban centres, supporting students with AI skills, spoken English, and competitive exam preparation, even in areas with limited internet connectivity.

'Too early to assess impact of gold curbs'

'Too early to assess impact of gold curbs'

Rediff.com27 May 2026

Titan will continue investments, even as it notes it is too early to assess how customer sentiment and store footfalls will be impacted by the Prime Minister's appeal to reduce gold consumption and the recent hike in import duty.

Stock markets today: Sensex, Nifty rebound in early trade on blue-chip buying, Asian rally

Stock markets today: Sensex, Nifty rebound in early trade on blue-chip buying, Asian rally

Rediff.com1 Jun 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade, driven by strong buying in blue-chip stocks and positive cues from Asian markets, following a significant selloff in the previous session.

INDIA bloc to write to CJI on SIR, seek Pradhan's resignation

INDIA bloc to write to CJI on SIR, seek Pradhan's resignation

Rediff.com8 Jun 2026

Leaders of the opposition INDIA bloc met in New Delhi on Monday and decided to write to the chief justice of India on the Special Intesive Revision exercise and "vote loot", besides demanding the immediate resignation of Union Education Minister Dharmendra Pradhan over the NEET-CBSE row.

Equity MF Inflows Plunge in May as Volatility Hits Investor Sentiment

Equity MF Inflows Plunge in May as Volatility Hits Investor Sentiment

Rediff.com11 Jun 2026

Net mutual fund inflows into active equity schemes in India plummeted by 40 per cent month-on-month in May, reaching a one-year low of 22,908 crore, primarily due to weaker lump-sum investments and increased redemptions amidst significant market volatility and global uncertainties.

Sony's 1000X The Collection: Premium Wireless Headphones with Enhanced Sound

Sony's 1000X The Collection: Premium Wireless Headphones with Enhanced Sound

Rediff.com5 Jun 2026

Sony has launched its new 1000X The Collection wireless headphones, featuring class-leading sound isolation, newly engineered 30 mm drivers, and DSEE Ultimate AI technology for enhanced audio.

LPG cylinder price hiked by Rs 60 amid Iran war

LPG cylinder price hiked by Rs 60 amid Iran war

Rediff.com7 Mar 2026

Domestic LPG and commercial cylinder prices in India have seen a significant increase, driven by rising global energy costs linked to the conflict in West Asia. This marks the second price hike in less than a year, impacting households and businesses.

June Is A Cruel Month For Airlines, Airports

June Is A Cruel Month For Airlines, Airports

Rediff.com2 Jun 2026

Airlines are cutting not only international services but also domestic flights, especially on routes projected to remain unprofitable in the coming weeks due to weak demand and high fares.

Flex fuel to be sold at 5,000 outlets by end of next year

Flex fuel to be sold at 5,000 outlets by end of next year

Rediff.com5 Jun 2026

Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.

OnePlus 15T: Estimated Launch Date, Specs, Price In India

OnePlus 15T: Estimated Launch Date, Specs, Price In India

Rediff.com25 Mar 2026

The OnePlus 15T has been officially listed in OnePlus/OPPO's China store and is set to launch on March 24, 2026, marking its entry as a compact flagship focused on performance and battery life.

Xiaomi 17T Pro Unveiled: Leica Cameras, 144Hz Display And 100W Charging

Xiaomi 17T Pro Unveiled: Leica Cameras, 144Hz Display And 100W Charging

Rediff.com2 Jun 2026

Xiaomi is turning up the heat in the premium smartphone segment with the new Xiaomi 17T Pro.

IPL 2026: Dismiss Sanju Early Or Pay The Price

IPL 2026: Dismiss Sanju Early Or Pay The Price

Rediff.com13 Apr 2026

Sanju Samson reminded the cricket world on Saturday why he is one of T20's most dangerous batters.

Tata Tiago Facelift Redefines Entry-Level Hatchbacks

Tata Tiago Facelift Redefines Entry-Level Hatchbacks

Rediff.com29 May 2026

Tata Motors' 2026 Tiago facelift is a tech-loaded and safety-focused entry-level hatchback, with prices starting at Rs 4.69 lakh.

US weighs easing Iran oil sanctions to curb global price surge

US weighs easing Iran oil sanctions to curb global price surge

Rediff.com19 Mar 2026

Bessent indicated that the U.S. is evaluating the status of Iranian oil as the current campaign progresses.

US, Iran move closer to historic agreement after Swiss summit talks

US, Iran move closer to historic agreement after Swiss summit talks

Rediff.com22 Jun 2026

The US and Iran have agreed on a roadmap aimed at reaching a final agreement within 60 days after hours-long talks at the Swiss resort of Burgenstock, mediators Qatar and Pakistan said on Monday, describing the progress as "encouraging."

FIFA's Legal Notice Turns Toronto Cannabis Store Into Internet Sensation

FIFA's Legal Notice Turns Toronto Cannabis Store Into Internet Sensation

Rediff.com16 Jun 2026

A Toronto cannabis store destroyed its World Cup trophy-inspired "FIFA Bong" after receiving a copyright infringement notice from FIFA, but the owners say the dispute generated more publicity than they ever expected.

Renault Launches New Duster: Features, Price and Performance

Renault Launches New Duster: Features, Price and Performance

Rediff.com24 Mar 2026

Renault India has launched the all-new Renault Duster, featuring a turbo petrol engine and advanced features, with dispatches underway nationwide.

Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

Rediff.com22 May 2026

Gold prices in the national capital fell by Rs 600 to Rs 1.64 lakh per 10 grams, influenced by tentative progress in US-Iran negotiations, which reduced demand for precious metals. However, unresolved tensions surrounding the Strait of Hormuz continue to keep traders cautious.

Abhishek Banerjee Accuses Centre of 'Taking' from People Amid LPG Price Hike

Abhishek Banerjee Accuses Centre of 'Taking' from People Amid LPG Price Hike

Rediff.com1 Apr 2026

TMC leader Abhishek Banerjee criticises the Union government over the hike in commercial LPG prices, accusing the Centre of 'taking' from people while the Mamata Banerjee administration provides relief. He also challenged the BJP to present a report card of its work in Rajganj constituency.

Gold extends gains to Rs 1.65 lakh/10g; silver rebounds Rs 5,000

Gold extends gains to Rs 1.65 lakh/10g; silver rebounds Rs 5,000

Rediff.com21 May 2026

Gold prices in the national capital surged by Rs 600 to Rs 1.65 lakh per 10 grams, extending gains for the third consecutive day, while silver rebounded by Rs 5,000 to Rs 2.71 lakh per kilogram, driven by geopolitical tensions and inflation concerns.

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Rediff.com5 Jun 2026

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.

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Rediff.com28 May 2026

The Indian government has issued a stern warning to industrial users who are reportedly procuring cheaper retail fuel instead of industrial-grade fuel, leading to significant losses for state-run oil marketing companies (OMCs) and potential local shortages. This diversion, driven by a substantial price difference between retail and bulk diesel, is adversely impacting OMCs, which are absorbing daily losses of approximately 550 crore to keep retail prices stable.

Sebi Reintroduces Open-Market Buybacks, Eases Debt Listing Norms

Sebi Reintroduces Open-Market Buybacks, Eases Debt Listing Norms

Rediff.com21 Jun 2026

India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Rediff.com27 May 2026

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.

Hisense Launches U7SE ULED Mini-LED TVs

Hisense Launches U7SE ULED Mini-LED TVs

Rediff.com4 Jun 2026

Hisense has strengthened its television range in India with the introduction of the U7SE ULED Mini-LED series. Designed to appeal to entertainment enthusiasts and gamers alike, the new line-up emphasises advanced picture quality, gaming-focused enhancements and smart TV functionality. The range is available in screen sizes spanning from 55 inches to a massive 100 inches.

The Last Trip With My Father

The Last Trip With My Father

Rediff.com26 Jun 2026

At Kolga Aabla, the closest beach to her grandmother's home, at the edge of a birch forest, we immersed her balance ashes. It was a sombre, precious day for both of us. But a day that also brought long-needed closure. My mother's spirit, chained for so many years in a Parkinson's-locked body, was free. But my father came back from the beach a visibly older man.

India's Oil Imports from Russia, UAE Surge as Strait of Hormuz Reopens

India's Oil Imports from Russia, UAE Surge as Strait of Hormuz Reopens

Rediff.com21 Jun 2026

India significantly increased its crude oil imports from Russia and the United Arab Emirates in June, securing supplies as the Strait of Hormuz began to reopen, with Russian barrels remaining attractive due to discounts and UAE supplies offsetting earlier uncertainties.

India's Exports Surge 18% in May, Trade Deficit Expands to $28.21 Billion

India's Exports Surge 18% in May, Trade Deficit Expands to $28.21 Billion

Rediff.com15 Jun 2026

India's exports reached a six-month high, growing by 18 per cent to USD 45.2 billion in May, driven by electronic goods, petroleum products, engineering items, and pharmaceuticals. However, the trade deficit widened to USD 28.21 billion due to a 10 per cent rise in imports, particularly petroleum products and gold, amidst surging crude oil prices.

BMW has maxi plans for Mini Cooper, drive into Tier 2 markets

BMW has maxi plans for Mini Cooper, drive into Tier 2 markets

Rediff.com13 Jun 2026

The luxury carmaker plans to drive growth through local assembly of the MINI Countryman, expansion into 10 new cities and a broader product portfolio.

Air India cuts nearly 1000 domestic flights

Air India cuts nearly 1000 domestic flights

Rediff.com27 May 2026

Air India has temporarily reduced its domestic flights by 22 per cent due to the impact of high fuel prices, following a previous reduction in international flights. The airline is offering re-accommodation, date changes, or refunds to affected passengers.

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

Rediff.com11 Mar 2026

S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Rediff.com1 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.

FDA Cracks Down On Hospital Pharmacies

FDA Cracks Down On Hospital Pharmacies

Rediff.com15 Jun 2026

'Hospitals sometimes compel patients to purchase medicines only from pharmacies owned by or attached to the hospital, refuse to provide prescriptions, withhold prescriptions, or send prescriptions directly to the hospital pharmacy without patient consent.'

Pricing gains ahead for Tata Steel

Pricing gains ahead for Tata Steel

Rediff.com18 Feb 2026

With the worst in terms of pricing pressures behind Tata Steel, its outlook is expected to improve. Europe has seen hot rolled coil prices rise this January after the European Union's (EU's) carbon border adjustment mechanism (CBAM) kicked in and further price improvements may be on the cards once import quotas come into play in June.

Mamdani announces $50 FIFA World Cup tickets for New Yorkers

Mamdani announces $50 FIFA World Cup tickets for New Yorkers

Rediff.com22 May 2026

New York City will offer residents a chance to buy $50 World Cup tickets through a lottery system, including free transport to New Jersey matches, amid soaring tournament ticket prices.

NSE IPO Set To Mint Fortunes

NSE IPO Set To Mint Fortunes

Rediff.com19 Jun 2026

With momentum building around the IPO, the NSE saw a surge in retail investors in the last two years, making it one of the widely traded stocks in the unlisted market.

New Book Celebrates Indian Sporting Heroes' Resilience

New Book Celebrates Indian Sporting Heroes' Resilience

Rediff.com20 Jun 2026

A new book, "Heroes: The Changemakers of Indian Sports" by journalist-author Thirumoy Banerjee, chronicles the inspiring journeys of 15 Indian athletes, including Manu Bhaker, C A Bhavani Devi, Nikhat Zareen, Aman Kumar Kadyan, and Sumit Antil. It highlights their determination, resilience, and triumphs over setbacks, offering insights into their paths to success and celebrating their unwavering spirit.