News for 'Bloomberg'

Why Govt Bonds Won't Enter Bloomberg Index Yet

Why Govt Bonds Won't Enter Bloomberg Index Yet

Rediff.com16 Jan 2026

India was being evaluated for a potential weight of around 1 per cent in the index, an allocation that could have translated into $25 billion of inflows, spread over roughly 10 months.

Pricing gains ahead for Tata Steel

Pricing gains ahead for Tata Steel

Rediff.com1 days ago

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.

ITC's profit flat on labour Code effect

ITC's profit flat on labour Code effect

Rediff.com30 Jan 2026

Cigarette-to-soap conglomerate ITC on Thursday reported a consolidated net profit (attributable to owners) of Rs 4,931.19 crore for the third quarter (October-December/Q3) of 2025-26 (FY26), affected by a one-time provision related to the new labour codes and a base effect from an exceptional item in Q3 of 2024-25. In the year-ago period, net profit had stood at Rs 4,934.8 crore.

Entry-level cars rebound, boost Maruti's quarterly sales to record high

Entry-level cars rebound, boost Maruti's quarterly sales to record high

Rediff.com6 Feb 2026

Maruti Suzuki sold more cars than ever before, earned more money, and saw many first-time buyers choosing small cars again.

FPIs purchase Rs 7,524 crore of debt, highest single day in 7 months

FPIs purchase Rs 7,524 crore of debt, highest single day in 7 months

Rediff.com3 Jan 2026

The first day of the year 2026 was positive for the debt market with foreign investors buying a net domestic debt of Rs 7,524 crore, the highest single-day inflow since May 29 last year.

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rediff.com17 Jan 2026

The rupee witnessed its worst single-day decline in around two months since November 21, 2025, due to demand for dollars among importers, said dealers. The maturing short positions in the non-deliverable forwards market further weighed on the local currency.

Cristiano Ronaldo Birthday Special: Age, Stats, Goals and Net Worth Details

Cristiano Ronaldo Birthday Special: Age, Stats, Goals and Net Worth Details

Rediff.com5 Feb 2026

Cristiano Ronaldo birthday special coverage: Check Cristiano Ronaldo age, stats, total goals, career records, trophies and net worth details.

States Have Thrown A Spanner In RBI's Easy-Money Machine

States Have Thrown A Spanner In RBI's Easy-Money Machine

Rediff.com7 Jan 2026

State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.

India-US to resume trade talks in January

India-US to resume trade talks in January

Rediff.com31 Dec 2025

Talks on the proposed trade deal between India and the United States will resume after the year-end holidays, coinciding with Sergio Gor -- a close aide of American President Donald Trump -- taking charge as the US Ambassador to India in early January, according to a person privy to the development.

Gsec yield curve may flatten in FY27

Gsec yield curve may flatten in FY27

Rediff.com26 Dec 2025

The government bond yield curve is likely to flatten in the financial year 2027 (FY27) as the Reserve Bank of India (RBI) is expected to ease supply pressure in the ultra-long segment. In FY26 so far, reduced investments by insurance companies and pension funds pushed up yields on ultra-long tenor securities, steepening the curve.

Q3FY26 results preview: IT companies' growth likely to remain muted

Q3FY26 results preview: IT companies' growth likely to remain muted

Rediff.com12 Jan 2026

With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26).

6 Nations That Drink The Most

6 Nations That Drink The Most

Rediff.com4 Dec 2025

Across the globe, drinking habits paint a fascinating picture. Which countries have the highest consumption of alcohol?

No Deadline for US Trade Deal: Goyal

No Deadline for US Trade Deal: Goyal

Rediff.com12 Dec 2025

'I don't think we should ever negotiate with deadlines or hard stops because we tend to make mistakes then.'

UK spies gave intel on Nijjar killing to Canada: Report

UK spies gave intel on Nijjar killing to Canada: Report

Rediff.com8 Nov 2025

A new documentary claims British spy call intercepts helped Canadian authorities link India to the killing of Hardeep Singh Nijjar in June 2023.

Football's first billionaire revealed!

Football's first billionaire revealed!

Rediff.com8 Oct 2025

Cristiano Ronaldo has become the first footballer to reach billionaire status, according to the latest Bloomberg Billionaires Index, which has valued the Portugal great's net worth at an estimated $1.4 billion.

Tata Steel profit surges nearly 4x

Tata Steel profit surges nearly 4x

Rediff.com13 Nov 2025

Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.

Godrej Properties' profit up 21% to Rs 405 cr

Godrej Properties' profit up 21% to Rs 405 cr

Rediff.com7 Nov 2025

Real estate firm Godrej Properties' profit (attributable to the equity holders of the parent) for the second quarter of FY26 grew 21 per cent year-on-year (YoY) to Rs 405.1 crore, beating analysts' estimates. The Bloomberg analysts' poll had pegged the profit at around Rs 349.4 crore.

Will GST cut bring back hatchbacks to top of the line?

Will GST cut bring back hatchbacks to top of the line?

Rediff.com12 Nov 2025

Since the Indian government reduced GST on small cars on September 22, the small car segment's share in Maruti's overall sales has risen to more than 25 per cent, up from 16.6 per cent earlier in FY26.

Competition may keep Colgate under pressure

Competition may keep Colgate under pressure

Rediff.com25 Oct 2025

Colgate-Palmolive India's September quarter (Q2FY26) performance has reinforced concerns among brokerages about the company's continued market challenges.

Is This Why Trump Turned On India?

Is This Why Trump Turned On India?

Rediff.com9 Aug 2025

Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.

India's M&A deals dipped in Q2 amid valuation caution

India's M&A deals dipped in Q2 amid valuation caution

Rediff.com10 Oct 2025

India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.

No targeted price level for rupee vs dollar, says RBI

No targeted price level for rupee vs dollar, says RBI

Rediff.com17 Oct 2025

The Reserve Bank of India (RBI) does not target any price level on the rupee, Governor Sanjay Malhotra reiterated at an International Monetary Fund and World Bank event on Wednesday.

Nykaa's faster growth keeps Street bullish, but valuations rich too

Nykaa's faster growth keeps Street bullish, but valuations rich too

Rediff.com16 Oct 2025

The July-September quarter (Q2) business update on revenue by FSN E-Commerce Ventures (Nykaa) was well received by most investors and the share price surged over 6 per cent, driven by one block deal. Even after Wednesday's minor dip, it was still higher at Rs 257.50 as compared to Monday's close of Rs 255.55.

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

Rediff.com9 Oct 2025

'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'

Trump Wants Bagram Air Base, But...

Trump Wants Bagram Air Base, But...

Rediff.com22 Sep 2025

US reoccupation would need large troop deployments, break the Doha Agreement, and strain relations with Pakistan, Russia and Iran.

Reliance's refining margins projected to stay strong compared to PSU peers

Reliance's refining margins projected to stay strong compared to PSU peers

Rediff.com6 Sep 2025

Reliance Industries' refining earnings will remain steady, supported by its position as India's largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Reliance imported more Russian barrels than any other Indian refiner in the past eight months, according to data from Bloomberg/Kpler.

Trump Official Dubs Ukraine Conflict As 'Modi's War'!

Trump Official Dubs Ukraine Conflict As 'Modi's War'!

Rediff.com28 Aug 2025

'Everybody in America loses because of what India is doing.'

Xi's Letter To Murmu Behind India-China Reset?

Xi's Letter To Murmu Behind India-China Reset?

Rediff.com28 Aug 2025

The Bloomberg report suggests that this backchannel communication from President Xi has laid the groundwork for a broader thaw in relations. This overture has since translated into a series of tangible diplomatic actions leading up to the upcoming Shanghai Cooperation Organisation (SCO) summit.

Will Buy Russian Oil: Sitharaman

Will Buy Russian Oil: Sitharaman

Rediff.com6 Sep 2025

New Delhi 'will have to take a call which supply source suits us the best,' the finance minister said, pointing out that crude oil accounts for the bulk of India's foreign exchange spend.

India will 'say sorry' and make a deal: Top Trump official

India will 'say sorry' and make a deal: Top Trump official

Rediff.com5 Sep 2025

"So I think what happens is it's all bravado, because you think it feels good to fight with the biggest client in the world, but eventually your businesses are going to say you've got to stop this and go make a deal with America."

US warns: Tariffs on India could go up if...

US warns: Tariffs on India could go up if...

Rediff.com14 Aug 2025

United States Treasury Secretary Scott Bessent has warned that the secondary tariffs on India could go up if 'things don't go well' during talks between President Donald Trump and Russian President Vladimir Putin in Alaska on Friday.

US may hold back secondary tariffs on India, says Trump

US may hold back secondary tariffs on India, says Trump

Rediff.com16 Aug 2025

There were apprehensions that additional secondary tariffs would have hit India in case the US decided to enforce them.

RIL's growth plans, Jio listing can lead to rerating of stock

RIL's growth plans, Jio listing can lead to rerating of stock

Rediff.com9 Sep 2025

Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Rediff.com23 Aug 2025

Spreading risks in sourcing raw materials for electric vehicle (EV) manufacturing is "very critical" and the government can play a key role by enabling access to these from multiple locations worldwide, said Vivek Srivatsa, chief commercial officer at Tata Passenger Electric Mobility, on Friday while stressing the need for faster localisation, especially of batteries.

Tariffs on India won't stop Putin or end Ukraine war: US House Committee

Tariffs on India won't stop Putin or end Ukraine war: US House Committee

Rediff.com16 Aug 2025

The US House Foreign Affairs Committee Democrats stated that imposing tariffs on India will not deter Russian President Vladimir Putin or address Russia's invasion of Ukraine.

'Putin's war chest': Trump official fires fresh salvo at India

'Putin's war chest': Trump official fires fresh salvo at India

Rediff.com29 Aug 2025

Former White House trade advisor Peter Navarro accuses India of being an 'oil money laundromat' for Russia, alleging that India's oil purchases are funding Putin's war in Ukraine. The accusations come amid existing trade tensions and tariffs imposed by the US.

Wipro Profits Up 10.9%

Wipro Profits Up 10.9%

Rediff.com18 Jul 2025

'We remain cautious in this environment, and the uncertainty continues.'

Jio's Rs 30,000 Cr IPO: India's Largest

Jio's Rs 30,000 Cr IPO: India's Largest

Rediff.com2 Sep 2025

Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.

Tim Cook Drops AI Truth Bomb: Adapt Or...

Tim Cook Drops AI Truth Bomb: Adapt Or...

Rediff.com20 Aug 2025

As the Apple CEO put it to his staff, the choice is stark: Adopt AI or risk being left behind. The same applies to everyone preparing for the future of work.

SBI eyes spot among world's top 10 banks by market value in 5 years

SBI eyes spot among world's top 10 banks by market value in 5 years

Rediff.com24 Jul 2025

Country's largest lender State Bank of India (SBI) is looking to be among 10 top global banks in market capitalisation terms in the next five years, chairman CS Setty said on Wednesday. "The scope for value creation for the stakeholders is potentially very high. So the larger ambition is if the market supports whether we can be part of the top 10 global banks in terms of the market capitalisation (five years)," he said after listing of shares issued under Qualified Institutional Placement (QIP) at NSE.