Search results for 'Sectorally'

FPIs flock to financials, extend buying spree in IT sector in early August

FPIs flock to financials, extend buying spree in IT sector in early August

Rediff.com7 days ago

Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.

Services sector sees growth slowdown to 4.5 year low in July

Services sector sees growth slowdown to 4.5 year low in July

Rediff.com5 Aug 2026

India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Rediff.com8 Aug 2026

Chief Economic Advisor V Anantha Nageswaran has stressed the urgent need for India's financial sector to proactively address the safety and security risks of artificial intelligence, stating that waiting for problems to materialise is not an option.

India's private sector activity hits four-year low in July: Flash PMI

India's private sector activity hits four-year low in July: Flash PMI

Rediff.com25 Jul 2026

India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.

Pvt sector enters India's critical minerals race with Indonesia deal

Pvt sector enters India's critical minerals race with Indonesia deal

Rediff.com18 Jul 2026

Hyderabad-based Midwest Ltd has become the first Indian private company to secure overseas critical mineral mines, sealing a deal with Indonesia's state-run PT Perusahaan Mineral Nasional (PERMINAS) to ensure a long-term supply of rare earths.

JAKSON Group Names Ivan Saha As Managing Director For Solar Business

JAKSON Group Names Ivan Saha As Managing Director For Solar Business

Rediff.com1 days ago

JAKSON Group has appointed Ivan Saha as the Managing Director of its integrated Solar Manufacturing business. Saha, with over 31 years of experience in the semiconductor, solar, and sustainable energy sectors, will oversee technology, operations, and business growth, supporting JAKSON's expansion and backward integration plans in the solar value chain.

Hospitals Oppose Room Rate Cap

Hospitals Oppose Room Rate Cap

Rediff.com1 days ago

'Indian private sector hospitals provide quality healthcare at a fraction of the global cost.'

How India Can Achieve A USD 55 Trillion Economy By 2047

How India Can Achieve A USD 55 Trillion Economy By 2047

Rediff.com3 days ago

Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com4 days ago

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Rediff.com2 days ago

Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.

Sensex Jumps 331 Points as IT Stocks Lead Market Rebound

Sensex Jumps 331 Points as IT Stocks Lead Market Rebound

Rediff.com2 hours ago

Indian benchmark equity indices, Sensex and Nifty, rebounded after a two-day losing streak, driven by strong buying in blue-chip IT stocks and positive global market cues, with the Sensex climbing 330.92 points.

Indian EVMs are secure, not connected to internet: CEC Gyanesh Kumar

Indian EVMs are secure, not connected to internet: CEC Gyanesh Kumar

Rediff.com3 days ago

Chief Election Commissioner Gyanesh Kumar has affirmed that Indian electronic voting machines (EVMs) are manufactured by public sector companies and operate without internet, Bluetooth, or Wi-Fi connectivity, ensuring their security and reliability.

Credit Card Spending in India Crosses Rs 2 Trillion Mark

Credit Card Spending in India Crosses Rs 2 Trillion Mark

Rediff.com2 days ago

Credit card spending in India has consistently topped Rs 2 trillion for three consecutive months, with July 2026 recording Rs 2.08 trillion, indicating a new normal for consumer expenditure, according to the latest RBI data.

Private Sector Key To India-US Strategic Tech Outcomes

Private Sector Key To India-US Strategic Tech Outcomes

Rediff.com28 Jun 2026

Senior Indian officials highlight the indispensable role of the private sector in translating India-US cooperation in AI, semiconductors, quantum technologies, and critical minerals into tangible outcomes. The collaboration aims to build trusted, resilient technology ecosystems and position India as a global electronics and semiconductor hub.

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com1 days ago

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

Why Kerala's GI Handlooms Struggle Despite Recognition

Why Kerala's GI Handlooms Struggle Despite Recognition

Rediff.com6 days ago

An independent study reveals that while Geographical Indication (GI) registration has boosted the identity of Kerala's traditional handloom products, it has not uniformly translated into economic benefits across weaving clusters. Challenges include an ageing artisan population, competition from powerloom products, rising raw material costs, and inadequate marketing.

Indian REITs show resilience, distribute Rs 3,136 crore to unitholders in Q1FY27

Indian REITs show resilience, distribute Rs 3,136 crore to unitholders in Q1FY27

Rediff.com18 Aug 2026

India's six publicly listed Real Estate Investment Trusts (REITs) collectively distributed approximately 3,136 crore to over 485,000 unitholders during the first quarter (April-June) of the current financial year (FY27), demonstrating the sector's resilience despite global uncertainties.

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com5 hours ago

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

Rediff.com3 Jul 2026

India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

Rediff.com6 days ago

India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.

Defence ministry official dies by suicide, parents allege marital harassment

Defence ministry official dies by suicide, parents allege marital harassment

Rediff.com4 days ago

A 30-year-old Assistant Section Officer in the Ministry of Defence died by suicide in Dwarka, Delhi. Her parents have subsequently alleged mental and physical harassment by her husband and in-laws, leading to an FIR being registered and an ongoing police investigation.

India Inc Sees Fastest Revenue Growth in 15 Quarters

India Inc Sees Fastest Revenue Growth in 15 Quarters

Rediff.com4 days ago

Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.

India's Core Infrastructure Sector Output Slows to 0.5% in May

India's Core Infrastructure Sector Output Slows to 0.5% in May

Rediff.com22 Jun 2026

India's eight core infrastructure sectors experienced a significant slowdown in production growth, reaching a seven-month low of 0.5 per cent in May, primarily driven by negative growth in coal, crude oil, and refinery products.

Indian Equities Decline for Second Day, IT Sector Drags Market

Indian Equities Decline for Second Day, IT Sector Drags Market

Rediff.com30 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.

SC to set up special bench on OBC creamy-layer criteria

SC to set up special bench on OBC creamy-layer criteria

Rediff.com3 days ago

The Supreme Court has agreed to constitute a special bench to address the Centre's plea regarding the applicability of its March 11 judgment on OBC creamy-layer criteria to candidates of the Civil Services Examination (CSE) 2025. The Department of Personnel and Training (DoPT) seeks to proceed with service allocation for 958 recommended candidates based on the creamy-layer determination applied before the verdict, citing potential unequal treatment and disruption to training schedules.

Maha panel to combat corporate sector harassment, conversions

Maha panel to combat corporate sector harassment, conversions

Rediff.com25 Jun 2026

Maharashtra Chief Minister Devendra Fadnavis announced the formation of a committee of women legislators to amend laws and ensure effective implementation against harassment and religious conversion in the corporate sector. This decision follows an incident at a TCS unit in Nashik involving alleged exploitation and forced conversion, which is currently under SIT investigation. Probes have also been ordered into similar complaints at a Spanish multinational in Pune and a government ITI in Solapur, highlighting a broader issue of workplace misconduct.

Stock Markets Today: Sensex, Nifty Hit By HDFC Bank, Geopolitical Tensions

Stock Markets Today: Sensex, Nifty Hit By HDFC Bank, Geopolitical Tensions

Rediff.com1 days ago

Indian benchmark indices, Sensex and Nifty, experienced declines in early trading, primarily due to selling pressure on blue-chip HDFC Bank and ongoing geopolitical uncertainties.

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

Rediff.com18 Aug 2026

Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.

5 Signs that you should no longer be a spectator, but a shareholder

5 Signs that you should no longer be a spectator, but a shareholder

Rediff.com11 hours ago

Becoming a shareholder isn't about predicting markets perfectly. What matters more is recognising when you're financially and mentally prepared to participate in wealth creation. If you've been wondering when you should start investing, here are five signs that suggest you're already ready.

Vijay's Tamil Nadu Attracts Rs 1 Trillion In Investment Commitment

Vijay's Tamil Nadu Attracts Rs 1 Trillion In Investment Commitment

Rediff.com2 days ago

'If investors are trusting a new establishment in Tamil Nadu, it speaks a lot of the state's investment climate.'

Arunachal BJP MP flags public concern over Chinese incursions

Arunachal BJP MP flags public concern over Chinese incursions

Rediff.com6 days ago

Arunachal Pradesh MP Tapir Gao underscores the critical importance of heeding local warnings regarding alleged Chinese incursions along the Line of Actual Control, amidst ongoing border tensions and official denials.

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Rediff.com9 hours ago

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after two days of losses, driven by strong buying in blue-chip IT stocks and a rally in global markets.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com19 Aug 2026

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

FPIs inject Rs 16,621 crore into Indian equities in early August

FPIs inject Rs 16,621 crore into Indian equities in early August

Rediff.com16 Aug 2026

Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.

Mundhe urges people not to buy loose edible oil

Mundhe urges people not to buy loose edible oil

Rediff.com7 days ago

Maharashtra Food and Drug Administration Commissioner Tukaram Mundhe has urged consumers to avoid buying loose or unsealed edible oil due to safety concerns, announcing a compliance order for the entire edible oil sector after detecting widespread violations, including adulteration and improper packaging.

Nepal floods: Dream holidays turn into harrowing trips back home

Nepal floods: Dream holidays turn into harrowing trips back home

Rediff.com3 hours ago

Indian tourists are abandoning their trips to Nepal and returning via the Sonauli border due to severe flooding, which has disrupted road connectivity and raised safety concerns. The floods have caused a high death toll and left nearly 1,000 people missing, including many foreign nationals, significantly impacting Nepal's tourism sector.

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

Rediff.com18 Aug 2026

India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Rediff.com7 days ago

A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.

Netflix Is Offering A Scholarship For...

Netflix Is Offering A Scholarship For...

Rediff.com1 days ago

IICT and Netflix are offering scholarships to 100 students and working professionals, with up to 80 per cent financial support for courses in animation, VFX, gaming and creative technologies.

Heavy Rains Create Havoc In New Delhi

Heavy Rains Create Havoc In New Delhi

Rediff.com3 days ago

Heavy rains lashed Delhi, triggering waterlogging and traffic disruptions across several parts of the national capital.