News for 'Current Prices'

Iran Crisis Impact: India Braces for Oil Price Volatility

Iran Crisis Impact: India Braces for Oil Price Volatility

Rediff.com1 days ago

Analysts predict India will face oil price volatility and macroeconomic effects due to the escalating Iran crisis, though the country's oil supply chain is not yet structurally insecure.

Steel prices hiked again amid rising exports

Steel prices hiked again amid rising exports

Rediff.com19 Jan 2026

The imposition of safeguard duty, an uptick in exports, and an increase in input cost are driving steel prices higher. The latest round of price increase took place on Friday, with some steel mills increasing hot-rolled coil (HRC) prices by ~500-750 a tonne, according to price reporting and market intelligence firm BigMint. HRC is a benchmark for flat steel.

Wholesale price inflation rises to 1.81% in Jan

Wholesale price inflation rises to 1.81% in Jan

Rediff.com16 Feb 2026

Wholesale price inflation extended upward momentum for the third straight month, at 1.81 per cent in January, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Monday.

Gold price can hit $6,200/oz: UBS

Gold price can hit $6,200/oz: UBS

Rediff.com6 Feb 2026

The bull-market in gold is not yet over and prices can rise to $6,200 an ounce (oz) by mid-2026, up nearly 25 per cent from current levels, according to UBS.

Will Gold Price Cross 2 Lakhs In 2026?

Will Gold Price Cross 2 Lakhs In 2026?

Rediff.com23 Jan 2026

'A breakout above 158,000 to 160,000 could trigger the next leg higher toward 165,000 to 170,000.'

Jefferies downgrades IT, cuts earnings estimates

Jefferies downgrades IT, cuts earnings estimates

Rediff.com7 days ago

Jefferies has downgraded Indian information technology (IT) companies Infosys, HCLTech, and Mphasis to "hold"; LTI MindTree, Tata Consultancy Services (TCS) and Hexaware to "underperform", citing artificial intelligence (AI)-related concerns. Coforge, Sagility and IKS, however, still remain its top picks.

Wholesale price inflation rises marginally to 0.83% in December

Wholesale price inflation rises marginally to 0.83% in December

Rediff.com14 Jan 2026

Wholesale price inflation extended upward momentum for the second straight month, recording at 0.83 per cent in December 2025, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Wednesday. Wholesale Price Index (WPI)-based inflation returned to positive in December, after witnessing a deflationary trend in the previous two months.

IPO Listing Gains Hit 7-Year Low

IPO Listing Gains Hit 7-Year Low

Rediff.com1 days ago

Share of IPOs opening above issue price drops to 64.6%, median gains shrink sharply amid market volatility.

India's Oil Reserves Can Cover 40-45 Days If Hormuz Flow Disrupted

India's Oil Reserves Can Cover 40-45 Days If Hormuz Flow Disrupted

Rediff.com18 hours ago

India possesses approximately 100 million barrels of commercial crude oil stocks, capable of covering 40-45 days of its requirements if flows through the Strait of Hormuz are disrupted, according to Kpler.

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

Rediff.com8 Jan 2026

'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'

Will India Face Oil Shock from Iran Crisis?

Will India Face Oil Shock from Iran Crisis?

Rediff.com1 days ago

Will rising tensions between US-Israel and Iran threaten crude oil supply through the Strait of Hormuz, putting India's fuel prices, imports, and economic stability at risk?

Qatar declares force majeure, gas supplies to Indian industry cut

Qatar declares force majeure, gas supplies to Indian industry cut

Rediff.com11 hours ago

Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said.

How India measured inflation, and what is set to change

How India measured inflation, and what is set to change

Rediff.com19 Feb 2026

India's main inflation measure, the Consumer Price Index (CPI), is set for another major update, even though it has been in its current form for only about 15 years.

Why ICE Still Rules India's Car Market

Why ICE Still Rules India's Car Market

Rediff.com4 days ago

Indian car buyers care more about affordability than technology, keeping ICE vehicles dominant while hybrids emerge as the preferred transition option and EVs struggle in the mass market.

When Votes Come With a Price Tag, Is It Still Democracy?

When Votes Come With a Price Tag, Is It Still Democracy?

Rediff.com28 Jan 2026

The Maharashtra municipal elections showed a troubling shift, where votes were traded for cash, convictions no longer mattered, and ideology became an afterthought, observes Ramesh Menon.

After over 3-year ban, govt okays 2.5 mt wheat exports

After over 3-year ban, govt okays 2.5 mt wheat exports

Rediff.com14 Feb 2026

500,000 tonnes of sugar exports allowed on top of an existing 1.5 mt window

Norms on investments from China can be eased in calibrated way: Goyal

Norms on investments from China can be eased in calibrated way: Goyal

Rediff.com6 days ago

India may adopt a "calibrated" and a "step-by-step" approach to easing norms on investments originating from China, Union Commerce and Industry Minister Piyush Goyal said on Tuesday. He was in a conversation with A K Bhattacharya on Day 1 of Business Standard's two-day annual event, Manthan 2026. The minister said foreign direct investment (FDI) from China was certainly not "banned", but it goes through an approval process. "The government's approach at the moment is to accelerate the approval process."

Double-Decker Buses Set To Boost Delhi Tourism

Double-Decker Buses Set To Boost Delhi Tourism

Rediff.com1 days ago

The 63-seater open-top bus, manufactured by Ashok Leyland's arm Switch Mobility, was gifted to the city's tourism department as a corporate social responsibility initiative.

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

Rediff.com4 days ago

India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.

Will Cheaper European Cars Hurt Indian Automakers?

Will Cheaper European Cars Hurt Indian Automakers?

Rediff.com16 Feb 2026

Speculation about rising competition from global majors has led to shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors taking a hit on the BSE.

Realme P4 Lite Debuts At Rs 9,999

Realme P4 Lite Debuts At Rs 9,999

Rediff.com5 days ago

The Realme P4 Lite can currently be bought across India through Flipkart as well as the Realme India web shop.

Gains for HUL depend on pace of growth recovery

Gains for HUL depend on pace of growth recovery

Rediff.com22 Feb 2026

Hindustan Unilever Limited's (HUL's) standalone revenue grew 4.4 per cent year-on-year (Y-o-Y), while volume rose 3.5 per cent during the third quarter of financial year 2026 (FY26).

AI to Reshape IT Services Sector, Says Report

AI to Reshape IT Services Sector, Says Report

Rediff.com7 days ago

A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.

Gold, Silver Surge Pushes Jan Import Bill Up

Gold, Silver Surge Pushes Jan Import Bill Up

Rediff.com19 Feb 2026

Gold imports climbed 349.22 per cent to $12.07 billion in January, while silver imports rose 127 per cent to $2 billion.

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com7 days ago

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com7 days ago

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

Why do stocks fall even after beating the earnings?

Why do stocks fall even after beating the earnings?

Rediff.com12 Feb 2026

Investors have often been left scratching their heads over why a company's stock fails to move despite delivering beating earnings results, only to see the stock fall. According to theory, beating earnings should translate to higher stock prices, but in today's interconnected world, stock prices do not depend on the numbers.

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Rediff.com6 days ago

Shares of Waaree Energies and Premier Energies are under pressure after the US imposed initial duties on Indian solar imports. The article examines the impact on green energy stocks and market sentiment.

Buoyant demand has failed to push steel prices

Buoyant demand has failed to push steel prices

Rediff.com21 Nov 2025

The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.

India's EV Transition On Right Track, But Miles To Go

India's EV Transition On Right Track, But Miles To Go

Rediff.com4 days ago

Government schemes such as the PM E-Drive initiative, with allocations of around Rs 2,000 crore for charging points deployment, are helping accelerate rollout

Best 5G Mobile Phones Under Rs 10,000: 2026 Buyer's Guide

Best 5G Mobile Phones Under Rs 10,000: 2026 Buyer's Guide

Rediff.com7 Feb 2026

Aggressive pricing by brands have made the 5g mobile phone affordable; you can get good options around Rs 10,000.

At No 4, VinFast Racing Towards Podium Finish in India EV Market

At No 4, VinFast Racing Towards Podium Finish in India EV Market

Rediff.com9 Feb 2026

Six months after its India debut, the Vietnamese automaker has overtaken established players such as Hyundai Motor, BMW, Kia, and Chinese EV major BYD.

What are the Do's and Don'ts while using MTF!

What are the Do's and Don'ts while using MTF!

Rediff.com19 Feb 2026

Margin Trading Facility (MTF) provides an avenue for traders to magnify their potential returns by trading with borrowed money; however, it carries inherent risks. While the lure of increased purchasing power is strong, responsible engagement with MTF requires having a clear understanding of the MTF feature. In this blog, we will explore the key do's and don'ts of those who are considering using MTF.

Market Guru: 'This Is About Capital Preservation'

Market Guru: 'This Is About Capital Preservation'

Rediff.com18 Feb 2026

'The problem is not just slower growth, but also the quality of growth.'

'Will My Mother's Gold Sale Attract IT?'

'Will My Mother's Gold Sale Attract IT?'

Rediff.com4 days ago

rediffGURU T S Khurana answers readers' personal income tax queries

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Rediff.com29 Jan 2026

The domestic cigarette industry is expected to see a 6-8 per cent volume contraction next fiscal following the imposition of additional excise duties and increase in goods and services tax (GST) rates from February 1, Crisil Ratings said on Wednesday.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com5 days ago

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

India Makes Lots Of Films, But Lacks Screens

India Makes Lots Of Films, But Lacks Screens

Rediff.com20 Feb 2026

The reason is because there aren't any screens for a large mass of Indians.

Why India's Local-First AI Strategy Could Be A Winner

Why India's Local-First AI Strategy Could Be A Winner

Rediff.com5 days ago

Country's startups are carving a unique path by prioritising local, application-led innovation over the global pursuit of scale.

Ola Electric hit by volume slump, market share loss as Q3 revenue plunges

Ola Electric hit by volume slump, market share loss as Q3 revenue plunges

Rediff.com7 days ago

Shares of electric vehicle (EV) maker Ola Electric Mobility fell nearly 7 per cent to a fresh low on Monday after its revenue growth in the third quarter (October-December/Q3) of 2025-26 (FY26) slowed, with analysts warning that any turnaround could be prolonged.