News for 'Market Development'

Sensex jumps 938 pts, Nifty settles above 23,400 on bargain buying

Sensex jumps 938 pts, Nifty settles above 23,400 on bargain buying

Rediff.com16 Mar 2026

Indian stock market benchmarks Sensex and Nifty rebounded by over 1% on Monday, driven by value-buying in banking stocks after a three-day slump. Key gainers included UltraTech Cement, HDFC Bank, and Mahindra & Mahindra.

10K surrender in 10 yrs: Are Maoists in their last mile?

10K surrender in 10 yrs: Are Maoists in their last mile?

Rediff.com7 days ago

A combination of security pressure and rehabilitation efforts has significantly weakened Naxalism in India, leading to numerous surrenders and the elimination of key leaders.

Trump warns Iran of 'extremely hard' strikes as US nears endgame

Trump warns Iran of 'extremely hard' strikes as US nears endgame

Rediff.com3 days ago

In his first major national address since hostilities began, Trump said the ongoing military campaign, dubbed 'Operation Epic Fury', has delivered 'swift, decisive, overwhelming victories'.

Gold prices fall sharply amid global economic uncertainty

Gold prices fall sharply amid global economic uncertainty

Rediff.com25 Mar 2026

Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.

Wipro Creates New AI Unit, Appoints Nagendra Bandaru as CEO

Wipro Creates New AI Unit, Appoints Nagendra Bandaru as CEO

Rediff.com4 days ago

Wipro has announced the launch of a dedicated AI-Native Business and Platforms unit, leading to a leadership shuffle with Nagendra Bandaru appointed as CEO and Kanwar Singh joining as President and Managing Partner of Technology Services GBL.

Is US a proxy for Israel? Iran Prez issues open letter to Americans

Is US a proxy for Israel? Iran Prez issues open letter to Americans

Rediff.com3 days ago

Pezeshkian urged American citizens to look beyond 'manufactured narratives', claiming the portrayal of Iran as a threat is driven by the military-industrial complex and Israeli political interests.

Revanth Reddy to Speak at Harvard AI Symposium Amid Budget Session

Revanth Reddy to Speak at Harvard AI Symposium Amid Budget Session

Rediff.com26 Mar 2026

Telangana Chief Minister A Revanth Reddy will virtually deliver the keynote address at the Harvard Kennedy School's AI symposium, focusing on the global AI landscape.

India expands PNG network; rolls out 2.7L new connections in Mar

India expands PNG network; rolls out 2.7L new connections in Mar

Rediff.com5 days ago

India significantly increased piped natural gas (PNG) connections in March as the government accelerates the expansion of cleaner fuel networks amid global supply disruptions.

Ageing CBD offices emerge as developers' next growth play

Ageing CBD offices emerge as developers' next growth play

Rediff.com13 Jan 2026

Office redevelopment is emerging as a key growth frontier for developers as India's commercial real estate market shifts towards quality, sustainability, and capital efficiency. With land parcels scarce in central business districts (CBDs) and demand for Grade A offices remaining strong, developers and investors are increasingly turning to ageing office stock in prime locations to unlock value.

FPIs Pull Out Record 1.04 Trillion In March

FPIs Pull Out Record 1.04 Trillion In March

Rediff.com24 Mar 2026

Domestic institutional investors, on the other hand, made a net investment of Rs 1.13 trillion during this period.

Los Angeles Knight Riders unveil home ground in southern California

Los Angeles Knight Riders unveil home ground in southern California

Rediff.com19 Mar 2026

The Los Angeles Knight Riders on Thursday unveiled the Knight Riders Cricket Field at Fairplex in Pomona, California, which is set to serve as their base for the upcoming season of Major League Cricket in the United States.

Iran Crisis: 'No Nation More Exposed Than India'

Iran Crisis: 'No Nation More Exposed Than India'

Rediff.com27 Mar 2026

'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'

15,000 Crore Restored to Investors in PACL Ponzi Scheme

15,000 Crore Restored to Investors in PACL Ponzi Scheme

Rediff.com6 days ago

The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.

Indian goods to gain edge over China, others in US market

Indian goods to gain edge over China, others in US market

Rediff.com8 Feb 2026

Commerce and Industry Minister Piyush Goyal on Sunday said Indian goods will have a competitive advantage in US markets compared to products from China and other competitor countries, which face higher levies, following the reduction in reciprocal tariffs to 18 per cent.

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Rediff.com4 days ago

Passenger vehicle sales in India reached a record high of 4.7 million units in FY26, boosted by strong performances from major automakers and the implementation of GST 2.0.

India, US to continue efforts to finalise interim trade deal: USTR

India, US to continue efforts to finalise interim trade deal: USTR

Rediff.com3 days ago

India and the United States are committed to finalising an interim trade agreement, despite recent challenges including the US imposing a blanket 10 per cent surcharge and India's decision to wait for a new global tariff architecture. The US Trade Representative's annual report highlights India's maintained high import tariffs and various non-tariff barriers across several sectors.

Govt steps up fuel security measures; warns against panic buying

Govt steps up fuel security measures; warns against panic buying

Rediff.com7 days ago

The Indian government has increased measures to secure fuel and gas supplies following the Strait of Hormuz closure, urging citizens to avoid panic buying. Refineries are operating at high capacity, and sufficient stocks of petrol and diesel are available nationwide.

Renault Launches New Duster: Features, Price and Performance

Renault Launches New Duster: Features, Price and Performance

Rediff.com24 Mar 2026

Renault India has launched the all-new Renault Duster, featuring a turbo petrol engine and advanced features, with dispatches underway nationwide.

Semaglutide Ruling Sparks Generic Pharma Boom

Semaglutide Ruling Sparks Generic Pharma Boom

Rediff.com24 Mar 2026

At the heart of this debate is Section 3(d) of the Patents Act, a safeguard designed to prevent drugmakers from extending monopoly protection through trivial modifications to existing medicines.

India's GDP Projected to Grow Robustly Amidst Middle East Tensions, Says OECD

India's GDP Projected to Grow Robustly Amidst Middle East Tensions, Says OECD

Rediff.com26 Mar 2026

The OECD projects India's GDP to grow at 7.6% in the current fiscal year and 6.1% in 2026-27, despite global economic challenges stemming from the Middle East conflict and energy price volatility.

RBI Keen to Expand Use of Indian Rupee for Russian Trade

RBI Keen to Expand Use of Indian Rupee for Russian Trade

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.

LPG Crisis Triggers Reverse Migration Across Cities

LPG Crisis Triggers Reverse Migration Across Cities

Rediff.com3 days ago

'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'

'Quality Companies To Lead Next IPO Wave'

'Quality Companies To Lead Next IPO Wave'

Rediff.com13 Mar 2026

'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'

Markets cheer India-US trade deal: Sensex jumped over 3K points

Markets cheer India-US trade deal: Sensex jumped over 3K points

Rediff.com3 Feb 2026

Stock market benchmark indices Sensex and Nifty surged in early trading session on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from current 25 per cent.

Why Did Atanu Chakraborty Quit HDFC Bank?

Why Did Atanu Chakraborty Quit HDFC Bank?

Rediff.com6 days ago

'During the bank's board meeting, many directors asked him if there is a governance issue but he said there is none.'

Samsung Galaxy S26's India Connection

Samsung Galaxy S26's India Connection

Rediff.com6 Mar 2026

India contributes roughly 10 per cent of Samsung Electronics' global revenue and hosts over 10,000 engineers across its R&D centres.

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

Rediff.com21 Mar 2026

Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.

Does The US Plan To Continue This War For 'One Or Two Years'?

Does The US Plan To Continue This War For 'One Or Two Years'?

Rediff.com6 days ago

This weekend, Donald Trump has begun to say the quiet part out loud -- that he wants to take control of Iran's oil, a formulation more in line with his robber-baron style of international relations.

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Rediff.com17 Mar 2026

Global cybersecurity firm Kaspersky plans to significantly increase its investments in India, leveraging the country as a hub for regional services due to strong financial performance and the escalating threat landscape.

India Is In The Doghouse At The Moment

India Is In The Doghouse At The Moment

Rediff.com20 Mar 2026

There is record underperformance and under-ownership. Some of this is cyclical and will turn on its own. However, we also need to regain our growth credentials. For this, both the government and companies have a role to play, as do investors, points out Akash Prakash.

Brazil Potash CEO: 'World might face food crisis if war continues till end of April'

Brazil Potash CEO: 'World might face food crisis if war continues till end of April'

Rediff.com1 days ago

"The world might face a food crisis if the war continued till the end of April, as it could have a dramatic impact on planting in Europe and North America," said Matt Simpson, CEO of Brazil Potash.

Indian Companies Outpace Global Peers in AI Implementation, Reveals Deloitte Report

Indian Companies Outpace Global Peers in AI Implementation, Reveals Deloitte Report

Rediff.com22 Mar 2026

A Deloitte report reveals that Indian enterprises are leading the world in large-scale AI adoption, but are facing a significant skills gap in AI expertise.

Earnings upgrade to downgrade ratio improved after Q3

Earnings upgrade to downgrade ratio improved after Q3

Rediff.com2 days ago

There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.

How a single diplomatic headline triggers a 1,000-point swing?

How a single diplomatic headline triggers a 1,000-point swing?

Rediff.com12 Mar 2026

In the present hyper-connected world, there are many domestic and global factors that affect financial markets. Of them, the most powerful and often least predictable are geopolitical events, which often boil down to one diplomatic headline.

Experts Call for Unified Framework to Boost India's Energy Storage Capacity

Experts Call for Unified Framework to Boost India's Energy Storage Capacity

Rediff.com25 Mar 2026

Industry experts and the India Energy Storage Alliance (IESA) advocate for a unified framework to address the significant supply gap in domestic cell manufacturing, crucial for enhancing India's energy storage capabilities and reducing reliance on imports.

Kosovo Dreams Of FIFA World Cup Spot After Overcoming Sporting Ban

Kosovo Dreams Of FIFA World Cup Spot After Overcoming Sporting Ban

Rediff.com5 days ago

Kosovo is on the brink of qualifying for the World Cup for the first time, a significant achievement after overcoming a sporting ban during Serbian rule in the 1990s.

Silver sinks Rs 17,800/kg, gold dives Rs 7K on global selloff

Silver sinks Rs 17,800/kg, gold dives Rs 7K on global selloff

Rediff.com19 Mar 2026

Gold and silver prices experienced a significant drop in the national capital due to a global selloff driven by inflation concerns, central bank policies, and geopolitical tensions.

Kasargod Embassy Review: Nothing Redeemable About This Badly-Made Show

Kasargod Embassy Review: Nothing Redeemable About This Badly-Made Show

Rediff.com27 Mar 2026

Kasargod Embassy squanders a promising premise with weak writing, bad performances and amateurish execution, resulting in a tedious and largely forgettable watching experience, notes Sreeju Sudhakaran.

Aurionpro to Build AI-Ready Green Data Centre in Southern India

Aurionpro to Build AI-Ready Green Data Centre in Southern India

Rediff.com13 Mar 2026

Aurionpro Solutions has secured a multi-year contract worth approximately Rs 350 crore to develop a large, AI-ready green data centre in southern India for a hyperscale operator.

MP Congress MLA disqualified after bank fraud conviction

MP Congress MLA disqualified after bank fraud conviction

Rediff.com2 days ago

Madhya Pradesh Congress MLA Rajendra Bharti has been disqualified from the state legislative assembly after being convicted in a bank fraud case involving the tampering of bank records. The disqualification has sparked a political row, with the Congress party alleging a violation of democratic process.