News for 'Market'

Why Paytm Shares Soared After Profit Announcement

Why Paytm Shares Soared After Profit Announcement

Rediff.com7 May 2026

Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Rediff.com15 May 2026

The Indian government has imposed a new windfall gains tax of Rs 3 per litre on petrol exports, while simultaneously reducing the levy on diesel to Rs 16.5 per litre and aviation turbine fuel (ATF) to Rs 16 per litre, effective May 16.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

Six Detained After Pro-Pakistan Slogans Raised In Bareilly

Six Detained After Pro-Pakistan Slogans Raised In Bareilly

Rediff.com4 May 2026

Police in Bareilly, Uttar Pradesh, have detained six individuals following an incident where pro-Pakistan slogans were allegedly raised in a busy market area, causing panic and the partial closure of shops. An FIR has been lodged against over four dozen people, with the main accused identified as Kashif, son of a former corporator.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Why ServiceNow Sees India As A Major Growth Engine

Why ServiceNow Sees India As A Major Growth Engine

Rediff.com6 May 2026

ServiceNow, a leading AI platform for business transformation, is highly optimistic about its growth prospects in the Indian market, according to President and Chief Product Officer Amit Zavery.

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.

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.

Affordable housing may lose more ground as costs rise

Affordable housing may lose more ground as costs rise

Rediff.com5 May 2026

The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.

Stock markets on March 10, 2026: Sensex jumped 640 points

Stock markets on March 10, 2026: Sensex jumped 640 points

Rediff.com10 Mar 2026

Indian stock market benchmarks Sensex and Nifty rebounded strongly after a two-day decline, driven by falling crude oil prices and positive global cues amid hopes of de-escalation in the Middle East.

Key Myanmar Drug Trafficker Arrested In Delhi

Key Myanmar Drug Trafficker Arrested In Delhi

Rediff.com17 May 2026

The Narcotics Control Bureau (NCB) has arrested a major Myanmar-based drug trafficker in Delhi, who was a key supplier of methamphetamine and heroin. The arrest follows extensive surveillance and coordinated operations targeting transnational drug trafficking networks along the India-Myanmar border.

Delhi Man Arrested For Selling Counterfeit Luxury Brands

Delhi Man Arrested For Selling Counterfeit Luxury Brands

Rediff.com14 May 2026

A 35-year-old man has been arrested in Delhi for allegedly selling counterfeit products of international luxury brands from his shop in Shalimar Bagh. Police seized a large quantity of fake branded items, including clothing, watches, and accessories.

Nepalese National Arrested With Illegal Charas In UP

Nepalese National Arrested With Illegal Charas In UP

Rediff.com13 May 2026

A Nepalese national was arrested near the Indo-Nepal border in Uttar Pradesh's Bahraich district with 4.66 kilograms of illegal charas worth about Rs 2.5 crore.

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

How Krutrim Became India's First AI Unicorn

How Krutrim Became India's First AI Unicorn

Rediff.com5 May 2026

Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.

Delhi To Establish Anti-Narcotics Task Force Police Station

Delhi To Establish Anti-Narcotics Task Force Police Station

Rediff.com12 May 2026

Delhi is set to establish its first dedicated Anti-Narcotics Task Force (ANTF) police station as part of a broader initiative to make the city drug-free by 2027, according to LG Taranjit Singh Sandhu.

Why Are Small, Midcaps Galloping?

Why Are Small, Midcaps Galloping?

Rediff.com1 May 2026

Small- and midcap stocks have delivered their biggest monthly rally in 12 years, but rising oil prices and global tensions could make the road ahead volatile.

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.

'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.

Why India Needs A Cultural Shift To Become A Sporting Superpower

Why India Needs A Cultural Shift To Become A Sporting Superpower

Rediff.com20 May 2026

An analysis of the disparities in India's sporting culture, highlighting the challenges faced by non-cricket athletes and the systemic changes needed for India to become a true sporting superpower.

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Rediff.com28 Apr 2026

'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rediff.com5 May 2026

The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.

Dabur's robust India biz showing lifts shares

Dabur's robust India biz showing lifts shares

Rediff.com9 May 2026

Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.

Stock Markets Today March 9, 2026: Sensex crashed 2346 points

Stock Markets Today March 9, 2026: Sensex crashed 2346 points

Rediff.com9 Mar 2026

Indian stock market benchmark indices Sensex and Nifty experienced a significant drop in early trade due to rising crude oil prices, bearish global market trends, and continuous foreign fund outflows.

Meerut Authorities Crack Down On Illegal Meat Shops

Meerut Authorities Crack Down On Illegal Meat Shops

Rediff.com5 May 2026

Authorities in Meerut conducted a joint operation targeting illegal meat shops, resulting in closures and notices issued for violating food safety norms.

How AI Will Reshape The IT Services Industry, According To Coforge

How AI Will Reshape The IT Services Industry, According To Coforge

Rediff.com7 May 2026

Coforge believes that the rapid adoption of AI is disrupting the traditional labour model but also creating new high-margin opportunities in the IT services industry.

Arvind Subramanian: Be Wary of China Bashing

Arvind Subramanian: Be Wary of China Bashing

Rediff.com14 May 2026

It seems odd to criticise a country for delivering growth rates in standards of living and consumption that have been perhaps the fastest, longest, and most broad-based (affecting hundreds of millions of people) in history, points out Arvind Subramanian.

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.

Delhi Police Nab Fugitive In Apple Consignment Fraud Case

Delhi Police Nab Fugitive In Apple Consignment Fraud Case

Rediff.com15 May 2026

Delhi Police have arrested a man from Anantnag, Jammu and Kashmir, for allegedly defrauding a Delhi-based man of over Rs 5 lakh under the guise of supplying Kashmiri apple consignments. The accused had been evading arrest for nearly a decade.

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

Rediff.com15 Mar 2026

Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.

Force Motors Reports Highest Ever Revenue And Profitability

Force Motors Reports Highest Ever Revenue And Profitability

Rediff.com30 Apr 2026

Force Motors Limited announced its highest-ever revenue and profitability for the fiscal year ending March 31, 2026, driven by growth across its Urbania, Trax, and Traveller platforms, as well as defence partnerships and international engine manufacturing.

How India Busted An International 'Jihadi Drug' Syndicate

How India Busted An International 'Jihadi Drug' Syndicate

Rediff.com16 May 2026

The Narcotics Control Bureau has busted an international drug syndicate involved in trafficking Captagon, seizing approximately 227.7 kg of the 'jihadi drug' worth Rs 182 crore.

Saif Ali Khan's 10 Under-Rated Roles

Saif Ali Khan's 10 Under-Rated Roles

Rediff.com19 May 2026

Saif Ali Khan may have delivered several iconic performances, but some of his fascinating roles still do not get the appreciation they truly deserve.

Delhi Police Arrest Man For Wedding Firing Incident

Delhi Police Arrest Man For Wedding Firing Incident

Rediff.com13 May 2026

Delhi Police have arrested a 22-year-old man accused of celebratory firing during a wedding procession in Dayalpur, resulting in a woman being injured. The accused, Rishi alias Manu Thakur, was apprehended after evading authorities for nearly a month.

Key Myanmar Drug Trafficker Arrested In Delhi

Key Myanmar Drug Trafficker Arrested In Delhi

Rediff.com17 May 2026

The Narcotics Control Bureau (NCB) has arrested a major Myanmar-based drug trafficker in Delhi, who was a key supplier of methamphetamine and heroin across the India-Myanmar border. The arrest follows extensive surveillance and investigations into transnational drug trafficking networks.

Thane Man Loses 62,000 in Share Market Fraud

Thane Man Loses 62,000 in Share Market Fraud

Rediff.com9 Mar 2026

A 36-year-old man from Thane, Maharashtra, was allegedly defrauded of Rs 62 lakh (62,000) by an acquaintance who enticed him to invest in the stock market with promises of high returns.

'You Are Killing Lakhs And Lakhs Of Citizenships'

'You Are Killing Lakhs And Lakhs Of Citizenships'

Rediff.com20 May 2026

'98 lakhs in Bengal, 97 lakhs in Tamil Nadu, 2.83 crores in Uttar Pradesh.'

UP's new cuisine map leaves non-veg off the menu

UP's new cuisine map leaves non-veg off the menu

Rediff.com6 May 2026

The Uttar Pradesh government's 'One District One Cuisine' initiative, aimed at promoting local delicacies, has drawn criticism for omitting several iconic non-vegetarian dishes closely associated with the state's districts.

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.

Indian Auto Sector Kicks Off FY27 with Robust Double-Digit Growth in April

Indian Auto Sector Kicks Off FY27 with Robust Double-Digit Growth in April

Rediff.com14 May 2026

Domestic passenger vehicle dispatches in India rose 25.4 per cent year-on-year to 4,37,312 units in April, continuing the strong demand momentum from the previous fiscal year, according to SIAM.