News for 'Interests of Consumers'

Moody's cuts India's FY27 growth forecast to 6% amid West Asia conflict

Moody's cuts India's FY27 growth forecast to 6% amid West Asia conflict

Rediff.com22 Apr 2026

Moody's Ratings has downgraded India's growth forecast for financial year 2026-27 (FY27) to 6 per cent from 6.8 per cent, attributing the revision to weaker consumption and industrial activity, elevated energy prices, and rising input costs stemming from the West Asia conflict.

Mid-Size SUVs Fuel 87% Surge in India's EV Sales in FY26

Mid-Size SUVs Fuel 87% Surge in India's EV Sales in FY26

Rediff.com27 Apr 2026

India's electric passenger vehicle market saw an 87.4 per cent year-on-year increase in FY26, reaching 233,246 units, primarily driven by the mid-size SUV segment (20-30 lakh price bracket), while the entry-level segment (sub-10 lakh) experienced a decline.

Adi Godrej's Son Pirojsha to Succeed Nadir Godrej as Group Chairperson

Adi Godrej's Son Pirojsha to Succeed Nadir Godrej as Group Chairperson

Rediff.com13 Apr 2026

Godrej Industries Group announces Pirojsha Godrej as the new chairperson, succeeding Nadir Godrej in August, marking a significant leadership transition within the conglomerate.

Crude above $100 will push inflation beyond 6%, trigger rate hikes: HSBC

Crude above $100 will push inflation beyond 6%, trigger rate hikes: HSBC

Rediff.com3 Apr 2026

A foreign brokerage warns that sustained crude oil prices above USD 100 per barrel could push India's inflation above the RBI's tolerance level, potentially triggering interest rate hikes.

RBI pauses rate cuts, retains interest rate at 5.25%

RBI pauses rate cuts, retains interest rate at 5.25%

Rediff.com6 Feb 2026

After a 25 basis point rate cut in December, the RBI on Friday decided to pause on the policy rate front amid geopolitical uncertainties.

'Influence Of The US Is Diminishing'

'Influence Of The US Is Diminishing'

Rediff.com28 Apr 2026

'It was diminishing even before Trump came to power.' 'The US was at the centre of the global economy. That position is going to become less and less important and less central.'

Faridabad Transporter Dies by Suicide; Family Claims Harassment Over Debt

Faridabad Transporter Dies by Suicide; Family Claims Harassment Over Debt

Rediff.com15 Apr 2026

A 42-year-old transporter in Faridabad allegedly committed suicide due to financial stress and harassment, according to his family. Police have registered a case against eight individuals based on a suicide note and family complaint.

Nykaa Eyes Majority Stake in Deepika Padukone's Skincare Brand 82E Amidst Slowing Growth

Nykaa Eyes Majority Stake in Deepika Padukone's Skincare Brand 82E Amidst Slowing Growth

Rediff.com6 Apr 2026

Nykaa is reportedly in talks to acquire a majority stake in Deepika Padukone's skincare brand, 82E, following slower-than-expected growth and financial losses. The potential acquisition could provide 82E with access to Nykaa's extensive distribution network and customer base.

Paddy Bonus: Stalin Vs Sitharaman

Paddy Bonus: Stalin Vs Sitharaman

Rediff.com13 Apr 2026

The finance ministry has clarified that its letter to state chief secretaries, urging them to align their bonus policy to promote pulses, oilseeds, and millets, was an advisory and not a directive. This clarification comes in response to Tamil Nadu Chief Minister M K Stalin's criticism, who called the advisory a 'treacherous act against farmers'.

Ready-to-eat foods fill qcom baskets amid LPG curbs

Ready-to-eat foods fill qcom baskets amid LPG curbs

Rediff.com6 Apr 2026

Quick commerce platforms are experiencing a significant increase in demand for ready-to-eat food items as urban households face disruptions in cooking gas supply and a temporary outflow of migrant domestic help.

Modi reviews fuel, power, fertiliser supply amid West Asia tensions

Modi reviews fuel, power, fertiliser supply amid West Asia tensions

Rediff.com22 Mar 2026

Prime Minister Narendra Modi convened a meeting with senior ministers to assess the impact of the evolving situation in West Asia on India's crude oil, gas, petroleum, power, and fertiliser sectors, focusing on ensuring uninterrupted supply and stable logistics.

PM Modi to Assess Energy Security Amid Middle East Unrest

PM Modi to Assess Energy Security Amid Middle East Unrest

Rediff.com22 Mar 2026

Prime Minister Narendra Modi will chair a meeting with senior ministers to assess the petroleum, power, and fertiliser sectors in light of the ongoing situation in West Asia, focusing on ensuring uninterrupted supply and stable logistics.

US-Iran talks collapse, markets plunge on West Asia conflict fears

US-Iran talks collapse, markets plunge on West Asia conflict fears

Rediff.com13 Apr 2026

Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower following the collapse of US-Iran negotiations, which heightened concerns of a prolonged conflict in West Asia and drove crude oil prices sharply higher.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

Paint companies raise prices as crude oil and gas costs surge

Paint companies raise prices as crude oil and gas costs surge

Rediff.com4 Apr 2026

Major paint companies in India, including Asian Paints, Berger Paints, Akzo Paints, and Kansai Nerolac, have announced price hikes ranging from 1% to 8% across various product lines, effective from mid-March to late April, in response to persistently high crude oil and gas prices.

NCLAT Rejects MMTC's Challenge to NSEL Settlement Scheme

NCLAT Rejects MMTC's Challenge to NSEL Settlement Scheme

Rediff.com30 Mar 2026

The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal by MMTC, challenging the settlement scheme between National Spot Exchange Ltd (NSEL) and its traders, affirming the earlier approval by the NCLT and the Supreme Court.

Old Vs New Tax Regime: Stop Losing Money

Old Vs New Tax Regime: Stop Losing Money

Rediff.com8 Apr 2026

With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam Kalirajan explains how

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

IPL 2026: From Spectacle to Predictability: Is the IPL Losing Its Edge?

IPL 2026: From Spectacle to Predictability: Is the IPL Losing Its Edge?

Rediff.com16 Apr 2026

Today, predictability has replaced volatility. When 200 becomes routine and chases follow a template, the element of surprise goes out the window and with it viewer engagement.

Taking all steps to address LPG crisis: Centre to HC

Taking all steps to address LPG crisis: Centre to HC

Rediff.com18 Mar 2026

The Central government has assured the Bombay High Court that it is taking steps to address the LPG shortage caused by the conflict in West Asia. The court accepted the submission and disposed of a petition filed by LPG distributors.

Man Accused of Sexual Assault and Harassment Denied Bail by Delhi Court

Man Accused of Sexual Assault and Harassment Denied Bail by Delhi Court

Rediff.com13 Apr 2026

A Delhi court has denied bail to a 26-year-old man accused of repeated sexual assault, harassment, and threats against his former partner, citing the severity of the allegations, corroborating evidence, and the risk of evidence tampering.

India Nuclear Journey Takes A Hanuman Leap

India Nuclear Journey Takes A Hanuman Leap

Rediff.com7 Apr 2026

In many ways, this is only the beginning -- of a new chapter in India's nuclear story, and of a future where its vast thorium reserves could finally power its ambitions.

BJP Demands CBI Investigation into Punjab Official's Suicide, Alleges Government Cover-Up

BJP Demands CBI Investigation into Punjab Official's Suicide, Alleges Government Cover-Up

Rediff.com25 Mar 2026

A Punjab BJP delegation has requested a CBI investigation into the suicide of a Punjab State Warehousing Corporation official, alleging harassment and a cover-up by the state government.

Wipro's $1 bn Olam deal, Mindsprint acquisition marks major strategic win

Wipro's $1 bn Olam deal, Mindsprint acquisition marks major strategic win

Rediff.com7 Apr 2026

Wipro, India's fourth-largest IT services company, has secured an eight-year deal with Singapore-based Olam group, valued at over $1 billion, and will also acquire Olam's IT and digital services arm, Mindsprint, for $375 million, marking one of its largest contracts to date.

Iran sought nod to dock 3 ships in Indian ports, was approved: Jaishankar

Iran sought nod to dock 3 ships in Indian ports, was approved: Jaishankar

Rediff.com9 Mar 2026

It is for the first time that a senior minister has said that Iran requested permission for docking three of its ships in Indian ports.

No shortage whatsoever of petrol, diesel, kerosene, assures govt in LS

No shortage whatsoever of petrol, diesel, kerosene, assures govt in LS

Rediff.com12 Mar 2026

Responding to concerns raised by Leader of the Opposition Rahul Gandhi in the Lok Sabha, Petroleum Minister Hardeep Puri said it is the foremost priority of the government that the kitchens of over 33 crore families, especially the poor and the underprivileged, do not face any shortage of gas.

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.com25 Feb 2026

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."

American firms investing in IPL franchises show confidence in league's growth

American firms investing in IPL franchises show confidence in league's growth

Rediff.com27 Mar 2026

Satyan Gajwani, chairman of Times Internet Limited and RCB's new co-owner, discusses the significance of American companies investing in IPL franchises like RCB and Rajasthan Royals, highlighting the league's immense growth potential and global appeal.

Rouble Nagi, Winner, Global Teacher Prize: 'A Single Teacher's Faith Can Alter The Trajectory Of A Child's Life'

Rouble Nagi, Winner, Global Teacher Prize: 'A Single Teacher's Faith Can Alter The Trajectory Of A Child's Life'

Rediff.com20 Apr 2026

'Many of the children I work with had never attended school before and had never been given the right environment or opportunity to learn.'
'When education became accessible -- through flexible learning spaces, creative methods and community-based classrooms -- these same children began to thrive.'
'Over time, many who had never stepped into a formal classroom not only entered the education system but continued their studies further, with some going on to university.'

Home, auto loans to get cheaper as RBI cuts interest rate

Home, auto loans to get cheaper as RBI cuts interest rate

Rediff.com5 Dec 2025

Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.

PM Modi to Assess Energy Security Amid Middle East Unrest

PM Modi to Assess Energy Security Amid Middle East Unrest

Rediff.com22 Mar 2026

Prime Minister Narendra Modi will chair a meeting with senior ministers to review the petroleum, power, and fertiliser sectors in light of the evolving situation in West Asia, focusing on ensuring uninterrupted supply and stable logistics.

Zubeen Garg drowned accidentally, no evidence of foul play: Singapore court

Zubeen Garg drowned accidentally, no evidence of foul play: Singapore court

Rediff.com25 Mar 2026

A Singapore coroner's inquest has officially ruled the death of Indian singer Zubeen Garg as an accidental drowning, concluding a thorough investigation that found no evidence of foul play and highlighting the role of alcohol intoxication.

Leakage Or Seepage? Know Your Rights

Leakage Or Seepage? Know Your Rights

Rediff.com23 Mar 2026

Buyers should understand the distinction between the losses the policy covers, those that need add-ons, and those it excludes.

OMCs unlikely to hike fuel prices, ONGC stock poised for 65% upside: CLSA

OMCs unlikely to hike fuel prices, ONGC stock poised for 65% upside: CLSA

Rediff.com27 Mar 2026

State-run oil-marketing companies (OMCs) are unlikely to significantly raise petrol and diesel prices despite crude oil nearing $100 a barrel, leading to potential margin pressure, while CLSA analysts project a 65 per cent upside for ONGC's stock.

'Contact with Iran difficult': Jaishankar outlines India's position on Middle East war

'Contact with Iran difficult': Jaishankar outlines India's position on Middle East war

Rediff.com9 Mar 2026

External Affairs Minister S Jaishankar addressed the Rajya Sabha on India's position regarding the escalating conflict in West Asia, emphasising the need for peace, dialogue, and the safety of civilians, while also prioritising India's energy security and trade interests.

West Asia War Clouds RBI Outlook

West Asia War Clouds RBI Outlook

Rediff.com30 Mar 2026

Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.

Why ICE Still Rules India's Car Market

Why ICE Still Rules India's Car Market

Rediff.com27 Feb 2026

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.

App Trap: Hidden Cost Of 'Free' Investing

App Trap: Hidden Cost Of 'Free' Investing

Rediff.com16 Mar 2026

In modern investing, transparency is more valuable than zero fees and not all investing app score big on this front, says Ramalingam Kalirajan.

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Rediff.com15 Mar 2026

Fitch Ratings on Friday said persistently higher oil prices could cause India's retail inflation to rise faster than the expected gradual pace, and lead to a slowdown in economic growth in the first half of financial year 2026-27 (FY27).

India 'well stocked' with crude oil to meet supply disruptions: Puri

India 'well stocked' with crude oil to meet supply disruptions: Puri

Rediff.com4 Mar 2026

India is well-stocked with inventories of crude oil and key petroleum products, including petrol, diesel, and aviation turbine fuel (ATF), to deal with short-term disruptions as the war intensifies in West Asia, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday.