News for 'Industries'

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Rediff.com4 days ago

Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

Gold, silver sell at huge discount after tariff hike

Gold, silver sell at huge discount after tariff hike

Rediff.com15 May 2026

Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.

ED Arrests Punjab Minister Sanjeev Arora In Money Laundering Case

ED Arrests Punjab Minister Sanjeev Arora In Money Laundering Case

Rediff.com9 May 2026

The Enforcement Directorate (ED) has arrested Punjab Industries Minister Sanjeev Arora in connection with a money laundering case involving alleged fake GST purchases and round-tripping of funds. Raids were conducted at multiple locations, and Arora was taken into custody under the Prevention of Money Laundering Act (PMLA). This follows previous actions against Arora and other politically connected individuals in Punjab.

'Don't Know Whether Vijay Understands...'

'Don't Know Whether Vijay Understands...'

Rediff.com7 days ago

'...the enormous responsibility and faith the youth has put on his shoulders, that he is going to solve their problems.'

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com5 days ago

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

IIT Dhanbad Joins Forces With South African University

IIT Dhanbad Joins Forces With South African University

Rediff.com7 days ago

TEXMiN Foundation, IIT (ISM) Dhanbad has signed an agreement with the University of Pretoria, South Africa, for research collaboration in critical minerals, rare earth element processing, recycling, extraction technologies and advanced mining innovation.

Punjab Minister Sanjeev Arora In ED Custody: Here's Why

Punjab Minister Sanjeev Arora In ED Custody: Here's Why

Rediff.com10 May 2026

A court in Gurugram has sent Punjab's Industries Minister Sanjeev Arora to seven days of ED custody in a money laundering case, officials said on Sunday.

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

Rediff.com2 days ago

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from an earlier 6.6 per cent, attributing the change to global uncertainties and economic shocks stemming from the ongoing West Asia crisis.

Soaring LPG Costs May Force Restaurant To Hike Prices

Soaring LPG Costs May Force Restaurant To Hike Prices

Rediff.com13 May 2026

'If 5% of the total revenue was spent on LPG (pre-war), it is now expected to double. The overall food cost in restaurants is expected to rise by 4-6%.'

Rising Fuel Prices, Monsoon Worries Pressure India's Consumption Stocks

Rising Fuel Prices, Monsoon Worries Pressure India's Consumption Stocks

Rediff.com2 days ago

India's consumption stocks, which have outperformed the broader market, are now facing significant pressure due to a gradual rise in fuel prices and the potential for higher inflation. Analysts warn that companies may be forced to pass on increased input costs to consumers, potentially hurting demand across both staples and discretionary categories, with a looming threat of deficient monsoon rainfall further exacerbating inflationary concerns.

Gripen fighters escort Modi's plane on arrival in Sweden

Gripen fighters escort Modi's plane on arrival in Sweden

Rediff.com5 days ago

Prime Minister Narendra Modi arrived in Sweden to hold talks on trade, technology, defence and other key sectors with his Swedish counterpart Ulf Kristersson.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com3 days ago

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

2 more chip packing units to come up by December: Vaishnaw

2 more chip packing units to come up by December: Vaishnaw

Rediff.com12 May 2026

Union Minister Ashwini Vaishnaw announced that two more semiconductor chip packaging units, part of the India Semiconductor Mission, are expected to be operational by July and December, respectively. He also highlighted India's focus on becoming a beneficiary of AI technology, expanding data centre infrastructure with significant investments, and developing new subsea cable networks for global connectivity.

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

Rediff.com1 days ago

ITC reported a 6.1 per cent year-on-year growth in its consolidated adjusted net profit from continuing operations, reaching ~5,469.74 crore in the January-March quarter (Q4FY26), primarily fuelled by strong performances in its cigarettes and non-cigarette fast-moving consumer goods (FMCG) businesses.

Twisha Sharma's family denies drug use, mental illness allegations

Twisha Sharma's family denies drug use, mental illness allegations

Rediff.com3 days ago

The parents of model and actress Twisha Sharma, who allegedly died due to dowry harassment, have refuted claims made by her mother-in-law that she was a drug addict and suffered from mental illness. The family is demanding answers regarding Twisha's death at her marital home.

Vijay distributes portfolios, keeps home; Sengottaiyan gets finance

Vijay distributes portfolios, keeps home; Sengottaiyan gets finance

Rediff.com6 days ago

Tamil Nadu Chief Minister C Joseph Vijay will handle key portfolios including police, general administration and welfare of women, youth and children. Veteran leader K A Sengottaiyan has been designated as the Finance Minister.

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Rediff.com12 May 2026

Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.

India abstains from vote On UN climate change resolution: Here's why

India abstains from vote On UN climate change resolution: Here's why

Rediff.com2 days ago

India abstained from voting on a UN General Assembly resolution concerning climate change obligations, citing concerns that it undermines the United Nations Framework Convention on Climate Change (UNFCCC). India believes climate obligations should be negotiated through the UN climate framework, emphasising differentiated responsibilities.

'I Never Told Anyone I Had Cancer'

'I Never Told Anyone I Had Cancer'

Rediff.com2 days ago

'I didn't tell anyone in the film industry. I used to think people might assume that if he has cancer, he might die, and they would probably not offer me any work. So I didn't tell anyone.'

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Rediff.com23 hours ago

Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.

India tests advanced Agni missile capable of hitting multiple targets

India tests advanced Agni missile capable of hitting multiple targets

Rediff.com9 May 2026

India has successfully conducted a flight test of an advanced Agni missile featuring Multiple Independently Targetable Re-entry Vehicle (MIRV) technology off the coast of Odisha.

NIT Rourkela To Offer New Courses In Emerging Technologies

NIT Rourkela To Offer New Courses In Emerging Technologies

Rediff.com13 May 2026

NIT Rourkela has announced the launch of four new academic programmes for the 2026-27 session, focusing on emerging technologies such as semiconductors, artificial intelligence, and quantum technologies.

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

Rediff.com3 days ago

India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.

Trump ends China visit after extensive talks with Xi on trade, global issues

Trump ends China visit after extensive talks with Xi on trade, global issues

Rediff.com7 days ago

Donald Trump says several issues were settled during the final day of talks with Xi Jinping covering trade, tariffs, and diplomacy.

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Rediff.com2 days ago

The University of Sheffield has announced a major milestone in the push for greener aviation as it produces its first report from testing a new sustainable aviation fuel (SAF). The research is helping support the faster rollout of low-carbon jet fuels.

Be Prepared For Fuel Price Hike!

Be Prepared For Fuel Price Hike!

Rediff.com13 May 2026

'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

AI Engineering Or CSE: Which Is Better As A Career?

AI Engineering Or CSE: Which Is Better As A Career?

Rediff.com2 days ago

rediffGURU Pankaj Vyavahare, career counsellor and life coach at the Bhagirath Counselling Centre, counsels students on how to make informed career choices.

Why Is The ED Raiding Punjab Minister Sanjeev Arora?

Why Is The ED Raiding Punjab Minister Sanjeev Arora?

Rediff.com9 May 2026

The Enforcement Directorate conducted fresh searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering investigation.

Rupee's record low, crude prices pull Indian markets lower

Rupee's record low, crude prices pull Indian markets lower

Rediff.com3 days ago

Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Rediff.com7 days ago

Kalyani Strategic Systems' subsidiary, Agneyastra Energetics Ltd, has commenced construction of a Rs 1,500-crore defence manufacturing facility in Andhra Pradesh, aiming to enhance India's indigenous defence capabilities and generate employment.

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Rediff.com5 days ago

'Leadership is about understanding how a business works, how it is shaped, built, and expanded.'

Like Kalyani Priyadarshan's Stylish Cannes Debut? VOTE

Like Kalyani Priyadarshan's Stylish Cannes Debut? VOTE

Rediff.com6 days ago

Kalyani Priyadarshan made a striking debut at Cannes, proudly showcasing Indian fashion and jewellery on the red carpet.

'We Need Petrol More Than Gold Right Now'

'We Need Petrol More Than Gold Right Now'

Rediff.com11 May 2026

'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'

India rules ICE bike exports, but China dominates E2Ws

India rules ICE bike exports, but China dominates E2Ws

Rediff.com4 days ago

But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.

Delhi govt advises 2-day WFH for pvt sector, car pooling

Delhi govt advises 2-day WFH for pvt sector, car pooling

Rediff.com5 days ago

The Delhi government has advised private companies and organisations to adopt a two-day work-from-home policy, make changes to office timings, and urge employees to avail car pooling and public transport to support the fuel-saving efforts amid global uncertainties.

Taxi Driver Gets Two Years For Outraging Woman's Modesty

Taxi Driver Gets Two Years For Outraging Woman's Modesty

Rediff.com11 May 2026

A Mumbai court sentenced a taxi driver to two years in jail for outraging the modesty of a hotel professional by forcibly kissing her hand. The court rejected the defence's argument that it was a routine greeting, stating it occurred outside her official duties.

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com4 May 2026

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.

Enforcement Directorate Freezes Gameskraft Assets In Money Laundering Probe

Enforcement Directorate Freezes Gameskraft Assets In Money Laundering Probe

Rediff.com14 May 2026

The Enforcement Directorate has frozen Rs 526 crore in bank deposits and seized gold jewellery worth Rs 3.5 crore along with Rs 11 lakh in cash after concluding searches in a money laundering case against online gaming platform Gameskraft.

Wholesale Price Inflation Spikes to 42-month high of 8.3%

Wholesale Price Inflation Spikes to 42-month high of 8.3%

Rediff.com14 May 2026

India's wholesale price inflation surged to 8.30 per cent in April, up from 3.88 per cent in March, primarily driven by a significant increase in the prices of fuel, power, and crude petroleum, according to data from the commerce and industry ministry.