Search results for 'Sectorally'

Tech Mahindra's Q1 Net Profit Surges 28.4% to Rs 1,465 Crore, Signals Strong Demand

Tech Mahindra's Q1 Net Profit Surges 28.4% to Rs 1,465 Crore, Signals Strong Demand

Rediff.com16 Jul 2026

IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.

Sonam Wangchuk seeks temporary discharge from Safdarjung to join Parl march

Sonam Wangchuk seeks temporary discharge from Safdarjung to join Parl march

Rediff.com20 Jul 2026

Activist Sonam Wangchuk's vital parameters are stable, but his blood parameters require close clinical observation at Safdarjung Hospital. He is under continuous medical management by a multidisciplinary team following his forcible admission after a 21-day hunger strike protesting NEET irregularities.

CJP alleges police brutality during Parl march, vows to continue protest

CJP alleges police brutality during Parl march, vows to continue protest

Rediff.com21 Jul 2026

The Cockroach Janta Party (CJP) on Monday accused the Delhi Police of using excessive force against protesters during its "Sansad Chalo" march, alleging that several students were injured and Sonam Wangchuk's wife, Gitanjali J Angmo, was pushed around, as the outfit continued its protest with a sit-in near Kerala House, after police dismantled the stage at Jantar Mantar.

Google selects 20 Indian AI startups for 2026 accelerator programme

Google selects 20 Indian AI startups for 2026 accelerator programme

Rediff.com9 Jul 2026

Global technology giant Google has announced the selection of 20 Indian AI startups for its 2026 Google for Startups Accelerator programme, marking the 10th anniversary of its accelerator initiatives.

US senators name India in sweeping Russia sanctions bill

US senators name India in sweeping Russia sanctions bill

Rediff.com15 Jul 2026

A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.

The India Story Review: Not Brave Enough!

The India Story Review: Not Brave Enough!

Rediff.com24 Jul 2026

The India Story adopts a very soap opera-like approach, piling on ham-fisted melodrama along with plenty of unevenness, sighs Sreeju Sudhakaran

Stock Markets Today: Sensex, Nifty Climb on IT Stocks' Rally

Stock Markets Today: Sensex, Nifty Climb on IT Stocks' Rally

Rediff.com16 Jul 2026

Indian benchmark indices, Sensex and Nifty, saw early gains, primarily driven by IT stocks, amidst expectations of a less aggressive monetary policy from the US Federal Reserve following softer inflation data. Global market trends and upcoming Q1 results are also influencing investor sentiment. Track Sensex, Nifty on july 16.

Indian Students In Canada Face 'Post-Graduation Work Permit' Shock

Indian Students In Canada Face 'Post-Graduation Work Permit' Shock

Rediff.com22 Jul 2026

For hundreds of Indian scholars who journeyed to Canada aiming for a foreign degree and a path toward long-term career opportunities, what should have been a triumphant graduation has instead spiralled into deep uncertainty.

Ahead of Monday's Parl march, Dipke urges supporters to throng Jantar Mantar

Ahead of Monday's Parl march, Dipke urges supporters to throng Jantar Mantar

Rediff.com19 Jul 2026

Cockroach Janta Party (CJP) founder Abhijeet Dipke on Sunday urged its supporters to gather at the Jantar Mantar in large numbers ahead of its proposed 'Sansad Chalo' march on Monday, claiming that there could be a police crackdown on the protest.

'Is It A Demographic Curse?'

'Is It A Demographic Curse?'

Rediff.com8 Jul 2026

'The main problem the country faces is not low GDP growth, but low employment growth.'

CBDT Targets Rs 26.97 Trillion Direct Tax Collection

CBDT Targets Rs 26.97 Trillion Direct Tax Collection

Rediff.com6 Jul 2026

Tax collection so far has been encouraging, with net direct tax receipts reaching Rs 5.21 trillion by June 17, nearly a 15 per cent increase compared to the same period last year.

Nifty IT Rout: 9 Of 10 Stocks Below 200-DMA

Nifty IT Rout: 9 Of 10 Stocks Below 200-DMA

Rediff.com3 Jul 2026

The Nifty IT index has been one of the worst sectoral performers in calendar year 2026, losing nearly 29 per cent till date compared to the 8 per cent dip in the Nifty 50 index.

MP to build missiles as Adani launches Rs 2,500-cr defence unit in Shivpuri

MP to build missiles as Adani launches Rs 2,500-cr defence unit in Shivpuri

Rediff.com5 Jul 2026

Madhya Pradesh Chief Minister Mohan Yadav and Union minister Jyotiraditya Scindia on Sunday laid the foundation stone for a defence manufacturing plant in Shivpuri district. The unit, comprising a missile complex, a composite propellant complex and a TNT complex, is being set up by Adani Defence and Aerospace, a subsidiary of the Adani Group, at a cost of about Rs 2,500 crore, said officials.

Why Modi Wants To Curb NGOs Funding

Why Modi Wants To Curb NGOs Funding

Rediff.com4 Jul 2026

Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.

Modi-Takaichi Summit Opens New India-Japan Chapter

Modi-Takaichi Summit Opens New India-Japan Chapter

Rediff.com7 Jul 2026

Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.

Indonesian fighter jets escort Modi's plane in grand welcome

Indonesian fighter jets escort Modi's plane in grand welcome

Rediff.com7 Jul 2026

Prime Minister Narendra Modi was accorded a grand welcome on his arrival in Jakarta on Monday, with Indonesian Air Force fighter jets escorting the PM's aircraft upon entering Indonesian airspace, marking a ceremonial welcome.

Delhi to get first underground nuclear and chemical command centre

Delhi to get first underground nuclear and chemical command centre

Rediff.com2 Jul 2026

Delhi is set to establish its first underground Chemical, Biological, Radiological and Nuclear (CBRN) command centre at the new Delhi Fire Services headquarters, a facility designed to ensure uninterrupted coordination and protection for personnel during nuclear warfare, radiological leaks, or chemical disasters.

Now, Get Your Salary Before 7th A Comprehensive Guide to Employee Rights

Now, Get Your Salary Before 7th A Comprehensive Guide to Employee Rights

Rediff.com23 Jul 2026

India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.

No rollback of E20 petrol, no selling pure petrol: Govt

No rollback of E20 petrol, no selling pure petrol: Govt

Rediff.com13 Jul 2026

It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

Rediff.com7 Jul 2026

India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.

NITI Aayog's Vision For India's Bioeconomy Growth

NITI Aayog's Vision For India's Bioeconomy Growth

Rediff.com16 Jul 2026

A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.

Core Sector Output Contracts 0.4% in March, First Decline in Five Months

Core Sector Output Contracts 0.4% in March, First Decline in Five Months

Rediff.com20 Apr 2026

India's core sector output contracted by 0.4 per cent in March, marking the first decline in five months, with coal, crude oil, fertiliser, and electricity production falling, according to official data.

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

Rediff.com14 Jul 2026

Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

How IdeaForge's Rs 500 Crore QIP Fuels India's Drone Technology Future

Rediff.com14 Jul 2026

Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.

Maharashtra to make domicile must for driving licence from Aug 1

Maharashtra to make domicile must for driving licence from Aug 1

Rediff.com7 Jul 2026

Maharashtra plans new policy to make domicile certificate mandatory for driving licence from August 2026, alongside efforts to regulate bike taxi services for revenue and job creation.

International gains revive appetite for global MFs

International gains revive appetite for global MFs

Rediff.com8 Jul 2026

International mutual fund schemes have seen a significant resurgence in investor interest, attracting approximately Rs 7,600 crore in net inflows over the past year, a stark reversal from previous outflows, driven by their strong outperformance against domestic markets and limited AI-linked investment opportunities in India.

Why FPI Selling Hasn't Hurt Markets

Why FPI Selling Hasn't Hurt Markets

Rediff.com13 Jul 2026

Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.

Somanath Joins Agnikul Ahead Of Mission 02

Somanath Joins Agnikul Ahead Of Mission 02

Rediff.com18 Jul 2026

The appointment comes as Agnikul prepares for Mission 02, a flight that will attempt, for the first time on Indian soil, the recovery of an orbital-class rocket booster and the extension of a rocket's upper stage into an on-orbit platform.

India's Services Sector Growth Eases to 14-Month Low

India's Services Sector Growth Eases to 14-Month Low

Rediff.com6 Apr 2026

India's services sector growth slowed in March, reaching a 14-month low, according to the HSBC India Services PMI. The slowdown reflects weaker new business intakes and rising input costs, particularly in fuel, transport, and logistics.

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

Rediff.com10 Jul 2026

SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.

ICICI Bank plans $500 million dollar bond issue, first in a decade

ICICI Bank plans $500 million dollar bond issue, first in a decade

Rediff.com4 Jul 2026

ICICI Bank, India's second-largest private-sector lender, is set to raise approximately $500 million through an overseas dollar bond issuance, marking its first such move in nearly a decade. This fundraising effort will utilise the Reserve Bank of India's (RBI) concessional swap window, a facility designed to reduce hedging costs for foreign currency borrowings.

Beyond Naukri, Info Edge finds new growth engine

Beyond Naukri, Info Edge finds new growth engine

Rediff.com1 Jul 2026

Info Edge (India), the company behind Naukri.com, has seen its startup investment portfolio, spanning AI, deeptech, and consumer tech, grow to Rs 41,300 crore from an investment of Rs 4,900 crore since 2007. This significant valuation increase comes despite headwinds in its core recruitment business, which has been impacted by weak hiring trends and IT sector uncertainty.

Nasscom Urges Focus On Deep Engineering Skills Amid AI Adoption

Nasscom Urges Focus On Deep Engineering Skills Amid AI Adoption

Rediff.com14 Jul 2026

Nasscom has warned that India's technology workforce risks becoming merely AI-reliant rather than truly AI-native if deep engineering expertise is not preserved. The industry body highlights that while many professionals adopt AI, only a fraction are AI-native, necessitating a shift in academic and industry approaches to foster foundational skills and independent problem-solving.

Kumaraswamy Calls For Tech Adoption In Steel To Boost Competitiveness

Kumaraswamy Calls For Tech Adoption In Steel To Boost Competitiveness

Rediff.com24 Jun 2026

Union Steel Minister HD Kumaraswamy has urged the Indian steel industry to adopt advanced technologies like AI, Machine Learning, and IoT to enhance global competitiveness and productivity. Speaking at a Chintan Shivir, he highlighted that digitalisation is crucial for achieving ambitious steel capacity targets by 2035 and addressing challenges such as operational efficiency, decarbonisation, and export competitiveness. The minister also emphasised how technology can improve safety and reduce downtime in steel plants.

Indian Stock Markets End Flat Amid West Asia Tensions, Rising Oil Prices

Indian Stock Markets End Flat Amid West Asia Tensions, Rising Oil Prices

Rediff.com13 Jul 2026

Indian benchmark indices Sensex and Nifty closed largely flat on Monday, recovering from early losses, as escalating tensions in West Asia and a sharp rally in crude oil prices weighed on investor sentiment, despite resilience in IT and consumer durables stocks.

Eye on China, Modi seals uranium deal with Australia

Eye on China, Modi seals uranium deal with Australia

Rediff.com9 Jul 2026

India and Australia have signed significant agreements covering civil nuclear energy, maritime security, and critical minerals, reinforcing their partnership's role in ensuring a peaceful Indo-Pacific. The pacts facilitate uranium supply from Australia to India and enhance cooperation in defence, cyber, and critical technologies.

Manufacturing activity moderates in June as demand softens: PMI

Manufacturing activity moderates in June as demand softens: PMI

Rediff.com1 Jul 2026

India's manufacturing sector experienced a moderation in growth during June, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 54.2 from 55.0 in May. This slowdown is attributed to softer increases in new business orders and international sales, leading to reduced expansions in buying levels, employment, and output.

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

Rediff.com18 Jul 2026

...and 3 lakh for harassment.

Housing sales down 6% in Apr-Jun in top 7 cities, avg price up 7pc: Anarock

Housing sales down 6% in Apr-Jun in top 7 cities, avg price up 7pc: Anarock

Rediff.com29 Jun 2026

Housing sales fell 6 per cent in April-June to 90,715 units across seven major cities on subdued demand amid economic uncertainties and also rising home prices, according to Anarock data released on Monday. As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata.

Nayara slashes petrol, diesel prices; jet fuel price cut

Nayara slashes petrol, diesel prices; jet fuel price cut

Rediff.com1 Jul 2026

Nayara Energy, India's largest private fuel retailer, has reduced petrol prices by Rs 5 per litre and diesel by Rs 3 per litre nationwide, marking the first such cut in over two years. This reduction follows easing tensions in West Asia and stabilised international crude oil prices, though public sector retailers have not yet followed suit.