News for 'Market Development'

Is The World Moving Towards De-Dollarisation?

Is The World Moving Towards De-Dollarisation?

Rediff.com2 May 2026

India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.

The Ladakh Cheese That Won The World!

The Ladakh Cheese That Won The World!

Rediff.com3 Jun 2026

The amazing story of how a little known cheese from Ladakh stunned the world!

Textile Recycling Market in India to Reach USD 3.5 Billion by 2030

Textile Recycling Market in India to Reach USD 3.5 Billion by 2030

Rediff.com10 Mar 2026

A new report indicates that India's textile recycling market is projected to reach USD 3.5 billion by 2030, potentially creating one lakh green jobs. The report highlights the current state of textile waste management and opportunities for circularity in the Indian textile industry.

Mamata, her 21 ministers swept out in massive anti-incumbency wave

Mamata, her 21 ministers swept out in massive anti-incumbency wave

Rediff.com5 May 2026

The Trinamool Congress government's massive defeat in West Bengal shows "deep anti-incumbency and unpopularity" as out of 35 ministers who contested the assembly elections, 22 have been defeated, including Chief Minister Mamata Banerjee in her constituency.

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rediff.com15 May 2026

Mumbai Police have registered an FIR against former Yes Bank MD and CEO Rana Kapoor and others for alleged illegal transfer of mortgaged property worth Rs 1,000 crore.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

HUL Reports 21% Jump in Q4 Profit to Rs 2,994 Crore, Driven by Strong Volume Growth and Strategic Divestment

HUL Reports 21% Jump in Q4 Profit to Rs 2,994 Crore, Driven by Strong Volume Growth and Strategic Divestment

Rediff.com30 Apr 2026

FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.

India launches emergency mission to pull 13 ships out of Hormuz

India launches emergency mission to pull 13 ships out of Hormuz

Rediff.com29 May 2026

India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.

Amul, Mother Dairy hike milk prices by Rs 2/litre, intensifying inflationary pressures

Amul, Mother Dairy hike milk prices by Rs 2/litre, intensifying inflationary pressures

Rediff.com13 May 2026

Amul and Mother Dairy, India's largest dairy product retailers, have increased milk prices by Rs 2 per litre, marking the second such hike in 13 months. This move is expected to intensify inflationary pressures, already fuelled by global conflicts, and will impact household budgets across the country.

Indian-Origin Man Held At Delhi Airport For Gold Smuggling

Indian-Origin Man Held At Delhi Airport For Gold Smuggling

Rediff.com16 May 2026

Customs officials at Delhi airport seized 115 smuggled gold bars weighing 3.5 kg from an American national of Indian origin, who allegedly concealed the contraband in a specially designed belt.

How India's New AI Weather Forecasts Will Help Farmers

How India's New AI Weather Forecasts Will Help Farmers

Rediff.com12 May 2026

Union Minister Jitendra Singh launched two advanced weather forecast products developed under the Ministry of Earth Sciences (MoES), aimed at delivering hyper-local, impact-based and artificial intelligence (AI)-driven weather services across India.

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Rediff.com6 May 2026

Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon. Explore the leadership transition, strategy, and future plans.

Want To Be A Mounjaro Bride: Is It Worth It?

Want To Be A Mounjaro Bride: Is It Worth It?

Rediff.com26 May 2026

'Don't chase unrealistic expectations or compare yourself to social media transformations.' 'Focus on your health first, not just the number on the scale before the wedding.'

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Rediff.com15 May 2026

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.

Kattalan Review: Loud, Violent And Dull

Kattalan Review: Loud, Violent And Dull

Rediff.com29 May 2026

Kattalan tries to roar like Marco with blood-soaked violence and mass swagger, but ends up as a noisy, identity-less actioner with little bite.

Godrej Properties' rerating hinges on sales growth

Godrej Properties' rerating hinges on sales growth

Rediff.com22 Apr 2026

Godrej Properties closed FY26 with record bookings and presales, exceeding its annual guidance, but brokerages express concerns over weak cash-flow generation and the ability to sustain growth amidst a muted real estate market.

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

Rediff.com29 Apr 2026

The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

Rediff.com13 May 2026

NITI Aayog Member Rajiv Gauba has detailed an extensive deregulation agenda, moving India towards a 'permitted unless prohibited' principle to dismantle new forms of the Licence Raj and clear 'regulatory cholesterol' for businesses.

Why Indian Banks Are Boosting IT Security Investments

Why Indian Banks Are Boosting IT Security Investments

Rediff.com3 May 2026

Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.

Rupee strengthens on US-Iran talks optimism, domestic equity surge

Rupee strengthens on US-Iran talks optimism, domestic equity surge

Rediff.com15 Apr 2026

The Indian rupee gained 2 paise to settle at 93.33 against the US dollar, driven by positive sentiment in domestic equity markets and renewed hopes for US-Iran talks, despite rising WPI and CPI inflation.

Piramal Pharma looks to return on growth path

Piramal Pharma looks to return on growth path

Rediff.com8 May 2026

Piramal Pharma anticipates a significant turnaround in financial year 2026-27 (FY27), projecting early-to-mid teens revenue expansion and a sharp improvement in profitability, driven by improved business momentum, new product acquisitions, and structural tailwinds.

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

Rediff.com22 May 2026

The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

Rediff.com28 Apr 2026

The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.

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

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

Rediff.com22 May 2026

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.

Office construction activity declines to four-quarter low

Office construction activity declines to four-quarter low

Rediff.com21 Apr 2026

New completions in India's office real estate sector fell by 36 per cent to 9.7 million square feet in Q1 2026, the lowest in four quarters, primarily due to developers adopting a cautious stance amid global uncertainties, particularly in Bengaluru, Hyderabad, and Mumbai. Despite this, office absorption increased by 20 per cent, indicating strong occupier demand.

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Rediff.com13 May 2026

US President Donald Trump received a red carpet welcome in Beijing for talks with Chinese President Xi Jinping on trade, the Iran war, and other key issues. The visit underscores the importance both nations place on their relationship amid ongoing tensions.

India Basketball League Set To Launch In 2027

India Basketball League Set To Launch In 2027

Rediff.com8 May 2026

The India Basketball League (IBL), backed by former NBA stars, is set to launch in 2027 with the aim of building a professional basketball ecosystem in India. The league hopes to tap into India's expanding youth culture and create a sustainable professional structure for Indian basketball.

Rupee falls 28 paise to 93.44 amid US-Iran talks uncertainty

Rupee falls 28 paise to 93.44 amid US-Iran talks uncertainty

Rediff.com21 Apr 2026

The Indian rupee depreciated by 28 paise to settle at 93.44 against the US dollar, influenced by ongoing uncertainties surrounding West Asia peace negotiations, volatile crude oil prices, and the Reserve Bank of India's recent adjustments to non-deliverable forward market regulations.

India Forms AI Governance Body to Steer National Strategy

India Forms AI Governance Body to Steer National Strategy

Rediff.com16 Apr 2026

India has established a high-level inter-ministerial body, the AI Governance and Economic Group (AIGEG), to steer the country's national AI governance strategy. The AIGEG will coordinate policy across ministries and oversee cross-sectoral governance issues, supported by a Technology and Policy Expert Committee (TPEC).

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com11 May 2026

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

Eye on China: Quad ramps up Indo-Pacific surveillance

Eye on China: Quad ramps up Indo-Pacific surveillance

Rediff.com27 May 2026

The Quad grouping has expanded cooperation in critical minerals and energy, while unveiling new measures to boost maritime surveillance and port infrastructure across the Indo-Pacific. This move comes against the backdrop of China's growing military posturing in the region, with ministers reiterating strong opposition to destabilising actions and expressing serious concerns over militarisation of disputed features.

Saini Criticises Punjab's Instability, Pledges Haryana's Industrial Advancement

Saini Criticises Punjab's Instability, Pledges Haryana's Industrial Advancement

Rediff.com1 May 2026

Haryana Chief Minister Nayab Singh Saini criticises the AAP-led Punjab government for political instability and lack of industrial development, while promoting Haryana's investor-friendly policies and industrial growth initiatives.

Why RBI Should Stop Defending Rupee

Why RBI Should Stop Defending Rupee

Rediff.com27 Apr 2026

The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.

Govt raises import duty on gold, silver after PM's appeal

Govt raises import duty on gold, silver after PM's appeal

Rediff.com13 May 2026

The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.

India flags energy, maritime threats at BRICS amid West Asia crisis

India flags energy, maritime threats at BRICS amid West Asia crisis

Rediff.com15 May 2026

India has expressed serious concerns about the West Asia crisis and its potential impact on energy supplies and maritime stability, urging BRICS nations to find practical solutions to geopolitical challenges and unilateral sanctions.

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.

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Rediff.com13 May 2026

India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.

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.

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Why Kiran Mazumdar-Shaw Wants Niece Claire To Take Over

Rediff.com18 May 2026

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

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Rediff.com21 Apr 2026

Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.