News for 'Market'

OMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

OMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

Rediff.com30 Apr 2026

India's state-run oil marketing companies (OMCs) are projected to incur under-recoveries of approximately Rs 80,000 crore on liquefied petroleum gas (LPG) sales in FY27 if current loss levels persist, according to rating agency Icra.

Illegal LPG Refilling Racket Busted In Delhi

Illegal LPG Refilling Racket Busted In Delhi

Rediff.com6 May 2026

Delhi Police busted an illegal LPG refilling and hoarding racket in Nangloi, seizing 96 domestic gas cylinders, vehicles, and equipment. Three people were arrested for diverting LPG cylinders meant for delivery and illegally refilling and selling them in the open market.

India must not rent its intelligence future: Adani

India must not rent its intelligence future: Adani

Rediff.com12 May 2026

Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.

Want A Credit Card? Read This

Want A Credit Card? Read This

Rediff.com6 May 2026

'First-time applicants may witness longer approval times or higher rejection rates and requests for more documentation.'

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.

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Rediff.com14 May 2026

Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

Why Is India On US Priority Watch List For IP Rights?

Why Is India On US Priority Watch List For IP Rights?

Rediff.com1 May 2026

India is among six countries on the priority watch list in a US report addressing the protection and enforcement of intellectual property rights.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 May 2026

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

Why Abhishek Bachchan Wants Dhoni To Play In European T20 League

Why Abhishek Bachchan Wants Dhoni To Play In European T20 League

Rediff.com12 May 2026

Abhishek Bachchan expresses his desire to see MS Dhoni play in the European T20 Premier League, highlighting the league's commitment to quality cricket and nurturing local talent.

How Satheesan Emerged As Consensus Choice For Kerala CM

How Satheesan Emerged As Consensus Choice For Kerala CM

Rediff.com14 May 2026

'He worked over time to become the natural claimant,' a senior UDF leader observed. 'Others had organisational stature, but Satheesan had momentum.' For the Congress, it may signal the beginning of a new leadership template -- one where performance, communication and grassroots credibility increasingly outweigh inherited power structures in deciding who leads the party into its next phase.

RBI net-bought $7.4 bn in Feb, highest since Mar '25

RBI net-bought $7.4 bn in Feb, highest since Mar '25

Rediff.com24 Apr 2026

The Reserve Bank of India (RBI) net-bought $7.4 billion from the spot foreign exchange market in February, its highest buy since March 2025, before heavily intervening by selling dollars in March as the rupee declined over 4 per cent following a spike in crude oil prices.

'Don't Know Whether Vijay Understands...'

'Don't Know Whether Vijay Understands...'

Rediff.com16 May 2026

'...the enormous responsibility and faith the youth has put on his shoulders, that he is going to solve their problems.'

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Rediff.com3 May 2026

Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.

Markets extend losses on soaring crude prices, West Asia turmoil; Sensex tanks 800 pts

Markets extend losses on soaring crude prices, West Asia turmoil; Sensex tanks 800 pts

Rediff.com12 Mar 2026

Indian benchmark equity indices experienced a significant downturn, with the Sensex plummeting over 800 points and the Nifty falling sharply, driven by rising crude oil prices, geopolitical tensions, and foreign capital outflows.

Two Arrested With Ivory Worth 1.5 Cr In Uttarakhand

Two Arrested With Ivory Worth 1.5 Cr In Uttarakhand

Rediff.com5 May 2026

The Uttarakhand Special Task Force and the Forest Department have arrested two suspected wildlife smugglers with ivory worth Rs 1.5 crore in Udham Singh Nagar district.

Markets Crash Nearly 2%: BSE Sensex tumbled 1,342 pts; NSE Sinks Below 24K

Markets Crash Nearly 2%: BSE Sensex tumbled 1,342 pts; NSE Sinks Below 24K

Rediff.com11 Mar 2026

Indian stock market indices Sensex and Nifty experienced a significant decline, driven by rising crude oil prices, sustained foreign fund outflows, and selling pressure in major bank stocks.

Trump to meet Xi Jinping on Wednesday to discuss Iran conflict, trade issues

Trump to meet Xi Jinping on Wednesday to discuss Iran conflict, trade issues

Rediff.com12 May 2026

US President Donald Trump is set to visit China for talks with President Xi Jinping on trade, global issues, and the Gulf war. The visit aims to address trade frictions and other key issues, with high expectations for progress.

Commercial LPG, 5-kg cylinders see steepest-ever hike in prices

Commercial LPG, 5-kg cylinders see steepest-ever hike in prices

Rediff.com1 May 2026

Aviation fuel prices for domestic airlines remain unchanged, providing stability for local carriers, while commercial LPG and 5-kg cylinders see a significant rate hike due to rising international energy costs.

What Dilip Shanghvi said on Sun Pharma's Organon Buy

What Dilip Shanghvi said on Sun Pharma's Organon Buy

Rediff.com27 Apr 2026

Sun Pharmaceutical Industries' Executive Chairman Dilip Shanghvi described the USD 11.75 billion acquisition of US-based Organon & Co as both a "happy" and "bit anxious" moment, acknowledging the significant debt required to fund the large transaction.

Rupee plunges to all-time low of 94.88 against US dollar, pressured by crude and FII selling

Rupee plunges to all-time low of 94.88 against US dollar, pressured by crude and FII selling

Rediff.com29 Apr 2026

The Indian rupee depreciated 20 paise to close at a fresh all-time low of 94.88 against the US dollar, driven by surging Brent crude oil prices, hovering around USD 115 per barrel, and persistent foreign capital outflows.

Man Posing As Politician's Son Cheats Mumbai Businessman

Man Posing As Politician's Son Cheats Mumbai Businessman

Rediff.com29 Apr 2026

Mumbai Police have registered a case against a man for allegedly posing as the son of a former Gujarat MP and cheating a businessman of lakhs of rupees on the promise of good returns on share market investments.

Sri Lankans Held At Delhi Airport With Marijuana Worth Crores

Sri Lankans Held At Delhi Airport With Marijuana Worth Crores

Rediff.com5 May 2026

Customs officers at Delhi airport arrested three Sri Lankan passengers arriving from China for allegedly smuggling marijuana worth Rs 11.63 crore.

Rajasthan Police Seize Key Mephedrone Precursor, Arrest Two

Rajasthan Police Seize Key Mephedrone Precursor, Arrest Two

Rediff.com8 May 2026

Rajasthan Police's Anti-Narcotics Task Force (ANTF) has arrested two individuals and seized approximately 234 kg of 2-Bromo-4-Methyl Propiophenone, a crucial precursor used in the production of the synthetic drug mephedrone.

Summer Travel Costs Soar For Indians

Summer Travel Costs Soar For Indians

Rediff.com6 May 2026

Airfares to Southeast Asia have surged 25 to 30 per cent, driven by high demand and limited airline seat capacity.

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com12 May 2026

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

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.

Srinagar Police Seize Drug Peddlers' Assets Worth Over Rs 2 Crore

Srinagar Police Seize Drug Peddlers' Assets Worth Over Rs 2 Crore

Rediff.com7 May 2026

Police in Srinagar have attached immovable properties worth over Rs 2 crore belonging to alleged drug peddlers as part of the 'Nasha Mukt Jammu and Kashmir Abhiyan'. The attached properties include residential houses in Chanapora and Qamarwari, acquired through proceeds from drug trafficking.

The Kerala Couple Who Created The Met Gala Carpet

The Kerala Couple Who Created The Met Gala Carpet

Rediff.com12 May 2026

The world watches the Met Gala for the celebrities and the couture. But, for the last few years, one Indian brand from Kerala has quietly been creating the carpet that fashion's biggest stars pose on.

Sensex Down 757 Points on Heavy Selling in IT Shares

Sensex Down 757 Points on Heavy Selling in IT Shares

Rediff.com22 Apr 2026

Indian benchmark equity indices, Sensex and Nifty, snapped a three-day rally, tumbling nearly 1 per cent due to heavy selling in IT stocks, a jump in crude oil prices, foreign fund outflows, and fears of prolonged instability in West Asia.

Mercedes says demand stays strong despite supply disruptions

Mercedes says demand stays strong despite supply disruptions

Rediff.com28 Apr 2026

Despite the ongoing West Asia conflict causing global trade route disruptions, Mercedes-Benz India reports resilient customer demand, particularly for its new electric CLA sedan, though it faces challenges with component supply delays and escalating shipping costs.

Ahmedabad Police Crack Down on T20 World Cup Final Ticket Black-Marketing

Ahmedabad Police Crack Down on T20 World Cup Final Ticket Black-Marketing

Rediff.com7 Mar 2026

Ahmedabad police have arrested two individuals for allegedly selling T20 World Cup final tickets at inflated prices. The suspects were caught during surveillance and found to be selling tickets for three times their original value.

Interstate Spurious Drug Racket Busted In Delhi

Interstate Spurious Drug Racket Busted In Delhi

Rediff.com7 May 2026

Delhi Police have arrested four individuals involved in an interstate racket manufacturing and distributing counterfeit prescription drugs, uncovering an illegal processing unit in Delhi.

Cyber Fraud Racket Busted; Three Arrested In Delhi

Cyber Fraud Racket Busted; Three Arrested In Delhi

Rediff.com9 May 2026

Delhi Police have arrested three individuals from Gujarat, Rajasthan, and Madhya Pradesh for allegedly providing mule bank accounts used to route over Rs 1.22 crore in proceeds from various cyber fraud schemes.

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.

India's Wheat And Rice Reserves Exceed Buffer Norms

India's Wheat And Rice Reserves Exceed Buffer Norms

Rediff.com6 May 2026

India's wheat and rice reserves in Food Corporation of India (FCI) godowns have surged to 604.02 lakh tonnes as of April 1, nearly three times the mandatory buffer requirement, according to official data.

Modi to embark on six-day visit to UAE, Europe

Modi to embark on six-day visit to UAE, Europe

Rediff.com11 May 2026

Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.

How ChatGPT Aided Fake IPL Ticket Scam In Lucknow

How ChatGPT Aided Fake IPL Ticket Scam In Lucknow

Rediff.com8 May 2026

Police in Lucknow have arrested four people for allegedly using ChatGPT and graphic design software to create and sell fake IPL tickets outside the Ekana Stadium.

Should You Fall In Developers' Flexible Payments Trap?

Should You Fall In Developers' Flexible Payments Trap?

Rediff.com12 May 2026

Deferred payment plans may come with a cost, which may not be immediately visible.

Man Arrested After Girl Dies By Suicide In Uttar Pradesh

Man Arrested After Girl Dies By Suicide In Uttar Pradesh

Rediff.com6 May 2026

A 26-year-old man has been arrested in Bareilly, Uttar Pradesh, for allegedly sexually assaulting an 11-year-old girl, who later died by suicide due to trauma, police said.