News for 'Market'

Gurugram Fruit Trader Killed After Vehicle Dispute

Gurugram Fruit Trader Killed After Vehicle Dispute

Rediff.com1 days ago

A fruit trader in Gurugram was allegedly stabbed to death following a dispute over a parked vehicle at Khandsa Mandi, with CCTV footage capturing the incident.

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

Rediff.com5 days ago

State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.

Bhavish Aggarwal's Second Coming? Ola Bets Big On Electric Motorcycles

Bhavish Aggarwal's Second Coming? Ola Bets Big On Electric Motorcycles

Rediff.com16 May 2026

Ola Electric is making a renewed push into the electric motorcycle market with aggressive pricing and in-house battery manufacturing, aiming to replicate its earlier success in electric scooters while addressing past quality and service issues.

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.

Anupriya Goenka Takes Bombay Stories To Cannes

Anupriya Goenka Takes Bombay Stories To Cannes

Rediff.com4 days ago

Anupriya Goenka's film Bombay Stories, an adaptation of Saadat Hasan Manto's Hatak, garnered attention at the Cannes film festival.

Will continue purchasing Russian oil regardless of...: India

Will continue purchasing Russian oil regardless of...: India

Rediff.com7 days ago

India will continue to purchase Russian oil based on commercial viability and energy security needs, irrespective of US sanctions waivers, according to a senior petroleum ministry official.

Petrol, diesel price hiked for 3rd time in 10 days

Petrol, diesel price hiked for 3rd time in 10 days

Rediff.com2 days ago

Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Rediff.com17 May 2026

Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.

DII holdings in Nifty 500 hit record 20.9%, FPIs' slid to a new low in Q4

DII holdings in Nifty 500 hit record 20.9%, FPIs' slid to a new low in Q4

Rediff.com13 May 2026

Domestic Institutional Investors (DIIs) have significantly increased their holdings in Nifty 500 companies, reaching a record 20.9 per cent by the end of March, while Foreign Portfolio Investors (FPIs) reduced their ownership to an all-time low of 17.1 per cent, according to Motilal Oswal Financial Services.

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com7 days ago

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

Bengaluru Police Nab 8 In MDMA Drug Bust

Bengaluru Police Nab 8 In MDMA Drug Bust

Rediff.com5 days ago

Bengaluru police have arrested eight individuals, including three foreign nationals, for allegedly selling MDMA in the city. The police seized 17.5 kg of MDMA, estimated to be worth Rs 35 crore.

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Rediff.com14 May 2026

Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.

Summer Dessert: Mango Delight

Summer Dessert: Mango Delight

Rediff.com4 days ago

Mangoes and rosogollas. WHATTA combo!

Rs 48 Crore Hydroponic Weed Seized At Delhi Airport

Rs 48 Crore Hydroponic Weed Seized At Delhi Airport

Rediff.com2 days ago

Customs officials at Delhi's Indira Gandhi International Airport seized approximately Rs 48 crore worth of hydroponic weed from two Thai nationals arriving from Bangkok.

Telangana Official Booked In Disproportionate Assets Case

Telangana Official Booked In Disproportionate Assets Case

Rediff.com3 days ago

A government official in Telangana is under investigation for allegedly acquiring assets through corrupt practices. The Anti Corruption Bureau (ACB) conducted searches at multiple locations and found significant property documents, cash, and gold ornaments.

Thai Nationals Held With Rs 48 Cr Weed At Delhi Airport

Thai Nationals Held With Rs 48 Cr Weed At Delhi Airport

Rediff.com2 days ago

Customs officials at Delhi's IGI Airport seized suspected hydroponic weed worth approximately Rs 48 crore from two Thai nationals arriving from Bangkok.

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Rediff.com31 Mar 2026

Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.

Delhi Police Busts Fake Industrial Bearings Manufacturing Unit

Delhi Police Busts Fake Industrial Bearings Manufacturing Unit

Rediff.com7 days ago

Delhi Police busted two workshops in Farash Khana involved in manufacturing and selling counterfeit industrial bearings under the trademarks of reputed brands, arresting two individuals and seizing a large quantity of fake bearings and equipment.

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

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

Rediff.com3 days 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.

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Rediff.com1 days ago

A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.

Counterfeit Auto Parts Racket Busted In Delhi

Counterfeit Auto Parts Racket Busted In Delhi

Rediff.com2 days ago

Delhi Police have dismantled a counterfeit auto parts operation, arresting three individuals for allegedly selling fake switches branded with a well-known auto component manufacturer's name. Raids in Karol Bagh led to the seizure of 10,650 counterfeit switches, believed to be imported and sold as genuine products.

Unidentified Assailants Kill Businessman in Palamu Market

Unidentified Assailants Kill Businessman in Palamu Market

Rediff.com3 Apr 2026

A businessman was shot dead by three unidentified assailants in Palamu district, Jharkhand. Police are investigating the incident and reviewing CCTV footage.

Gurugram Officials Bust LPG Black Marketing Operation, Seize Cylinders

Gurugram Officials Bust LPG Black Marketing Operation, Seize Cylinders

Rediff.com24 Mar 2026

Authorities in Gurugram, India, have cracked down on the black marketing of domestic LPG cylinders, seizing 32 cylinders and detaining one individual involved in illegally siphoning gas.

Stock Market Today: Sensex, Nifty50 decline 2% on rising tensions in West Asia

Stock Market Today: Sensex, Nifty50 decline 2% on rising tensions in West Asia

Rediff.com2 Apr 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for April 2, 2026.

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Rediff.com14 May 2026

Indian defence stocks have seen an average year-on-year gain of 67 per cent, driven by renewed interest following 'Operation Sindoor' and a broader increase in global geopolitical tensions, with the combined market capitalisation of 18 firms increasing by approximately 2.3 trillion.

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Rediff.com10 May 2026

Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.

Geopolitical Risks and Global Factors to Steer Indian Stock Markets This Week

Geopolitical Risks and Global Factors to Steer Indian Stock Markets This Week

Rediff.com30 Mar 2026

Analysts predict that the ongoing conflict in West Asia, crude oil prices, and global trends will significantly influence the Indian stock market in the upcoming holiday-shortened week. Foreign investor activity and rupee movement will also be crucial.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com7 days ago

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

9 Indian Toffees You Must Savour

9 Indian Toffees You Must Savour

Rediff.com2 days ago

Do you know suddenly why India's toffees are the toast of the town?

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com13 May 2026

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

Delhi Woman, Son Killed In Suspected Robbery

Delhi Woman, Son Killed In Suspected Robbery

Rediff.com4 days ago

A 38-year-old woman and her 13-year-old son were found murdered in their home in Delhi's Govindpuri area. Police suspect robbery as the motive.

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rediff.com6 Apr 2026

Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.

Trump agrees with Xi's 'US declining' remark, blames Biden

Trump agrees with Xi's 'US declining' remark, blames Biden

Rediff.com15 May 2026

Donald Trump agreed with Xi Jinping's assessment of the US as a 'declining nation,' but attributed the decline to the policies of the Biden administration.

Why Change India's Electoral System?

Why Change India's Electoral System?

Rediff.com2 days ago

'Why are we deliberately taking apart an electoral system that has worked?' 'There is no answer to that, and there is no data and has never been any on the absurd slander that foreigners are voting here,' asserts Aakar Patel.

Illegal Liquor Worth Lakhs Seized; Smuggler Arrested

Illegal Liquor Worth Lakhs Seized; Smuggler Arrested

Rediff.com5 days ago

Police in Deoria, Uttar Pradesh, seized illegal liquor worth Rs 5.14 lakh from a pickup vehicle and arrested one alleged smuggler during a checking drive.

How Anti-Doping Act Amendments Will Change Enforcement

How Anti-Doping Act Amendments Will Change Enforcement

Rediff.com4 days ago

Proposed amendments to the National Anti-Doping Act in India could significantly alter enforcement procedures, granting officers greater authority to search and detain individuals suspected of involvement with banned substances.

Rubio meets Modi, discusses West Asia, extends Trump's invitation to visit US

Rubio meets Modi, discusses West Asia, extends Trump's invitation to visit US

Rediff.com2 days ago

Prime Minister Narendra Modi and US Secretary of State Marco Rubio discussed various aspects of India-US bilateral ties, focusing on defence, trade, energy, and technology. Rubio extended an invitation from President Donald Trump for PM Modi to visit the US.

Indian Equities Close Lower as Geopolitical Tensions, FII Outflows Weigh

Indian Equities Close Lower as Geopolitical Tensions, FII Outflows Weigh

Rediff.com7 May 2026

Indian benchmark indices, Sensex and Nifty, ended lower in choppy trade, with the Sensex declining 114 points, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties.

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rediff.com15 May 2026

The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.

DRI Busts Drug Smuggling Racket At Hyderabad Airport

DRI Busts Drug Smuggling Racket At Hyderabad Airport

Rediff.com5 days ago

The Directorate of Revenue Intelligence (DRI) seized eight kgs of hydroponic ganja worth Rs 3 crore at the Hyderabad international airport and arrested two persons arriving from Bangkok.