News for 'Markets Authority'

'Don't Push Me For Non-Veg... Veg Market Is Too Huge'

'Don't Push Me For Non-Veg... Veg Market Is Too Huge'

Rediff.com6 Oct 2026

How India's Jumbo King Is Taking On McDonalds And Burger King Without Selling Chicken Burgers.

Cosmetics From Pakistan Breach Indian Market

Cosmetics From Pakistan Breach Indian Market

Rediff.com23 Sep 2026

CDSCO has warned consumers against using two unauthorised Pakistani whitening creams after finding excessive heavy metals and regulatory violations.

Russian diesel not for us, but for...: Trump amid criticism

Russian diesel not for us, but for...: Trump amid criticism

Rediff.com3 days ago

US President Donald Trump has defended a controversial diesel deal with Russia, stating it aims to stabilise the global market despite bipartisan criticism from US lawmakers. The deal, which eases sanctions on Russian diesel shipments until April 2027, has been criticised as a "gift to our adversary" that finances Russia's war efforts and offers little relief to Americans.

Delhi traders urge Modi, Rahul, Kejriwal to defer protests till Jan 31

Delhi traders urge Modi, Rahul, Kejriwal to defer protests till Jan 31

Rediff.com10 hours ago

Amid the ongoing protests in the national capital, the Bharatiya Udyog Vyapar Mandal (BUVM), Delhi Pradesh, has written to Prime Minister Narendra Modi, Leader of the Opposition Rahul Gandhi and Aam Aadmi Party national convenor Arvind Kejriwal, appealing for political demonstrations in the capital to be postponed until January 31, 2027, citing the festival and wedding season.

Punjab CM Vows Strict Action In Anti-Drug Activist's Murder

Punjab CM Vows Strict Action In Anti-Drug Activist's Murder

Rediff.com1 days ago

Punjab Chief Minister Bhagwant Mann has condemned the murder of anti-drug activist Parvinder Singh, alias Jhota, in Mansa, assuring strict action against all involved. He also criticised opposition parties for politicising the incident. The medical store owner accused of the shooting was arrested, and public outrage led to property damage.

350,000 Tonnes Of Sugar Exports Diverted To Domestic Market

350,000 Tonnes Of Sugar Exports Diverted To Domestic Market

Rediff.com27 Aug 2026

Indian refiners are diverting 350,000 tonnes of sugar, originally slated for export, to the domestic market to ease a supply crunch and stabilise prices ahead of the festive season.

Navi Mumbai Police Seize Drugs Worth Rs 3.57 Crore From Nigerian National

Navi Mumbai Police Seize Drugs Worth Rs 3.57 Crore From Nigerian National

Rediff.com7 days ago

Police in Navi Mumbai arrested a Nigerian national, Anyi Ikechukwu Darlington, and seized mephedrone and cocaine worth Rs 3.57 crore. The accused, previously arrested in a drug case, was out on bail and is now under investigation for his role in a drug distribution network.

Supreme Court asks Centre: Why not cap margins on all medicines?

Supreme Court asks Centre: Why not cap margins on all medicines?

Rediff.com3 days ago

The Supreme Court has questioned the Centre's decision to cap trade margins on anti-cancer drugs at 30 per cent, asking why similar restrictions could not be extended to other medicines and medical consumables, citing glaring disparities between procurement costs and maximum retail prices (MRPs).

Punjab observes state-wide bandh over anti-drug activist's murder

Punjab observes state-wide bandh over anti-drug activist's murder

Rediff.com1 days ago

A state-wide bandh was observed across Punjab on Thursday following the murder of anti-drug activist Parvinder Singh Jhota in Mansa. Markets and educational institutions remained shut, and roads were blocked by protesters, disrupting traffic. Jhota was shot on Tuesday for questioning the illegal sale of addictive drugs. His family, supported by various political parties and farmer unions, has refused to perform his last rites until justice is delivered, demanding resignations of top officials and a CBI probe. The incident has intensified the political debate on drug menace and law and order in Punjab.

IRDAI proposals could slash broker revenues by 70%, lead to 10 lakh job losses: IBAI

IRDAI proposals could slash broker revenues by 70%, lead to 10 lakh job losses: IBAI

Rediff.com6 Oct 2026

The Insurance Brokers Association of India (IBAI) has warned that the IRDAI's proposed overhaul of insurance distribution practices could lead to a 70 per cent fall in revenues for intermediaries and result in 10 lakh job losses, citing concerns over the tight feedback deadline and the global uniqueness of the proposed architecture.

Punjab Shuts Down After Anti-Drug Activist's Murder

Punjab Shuts Down After Anti-Drug Activist's Murder

Rediff.com1 days ago

A 'Punjab Bandh' was observed on Thursday, leading to widespread closures of shops and private schools and road blockades across several districts, following the murder of anti-drug activist Parvinder Singh Jhota in Mansa on Tuesday. Jhota was shot by a chemist owner for questioning the sale of addictive drugs. The incident has triggered significant political backlash against the Aam Aadmi Party government, with various organisations and opposition parties demanding accountability and a CBI probe.

Trump strikes surprise deal with Putin, Zelenskyy says...

Trump strikes surprise deal with Putin, Zelenskyy says...

Rediff.com6 days ago

Former President Donald Trump's recent deal with Russia to supply diesel to the US and global markets has ignited a political firestorm, drawing sharp criticism from Ukraine's President Volodymyr Zelenskyy, Democratic leaders, and a segment of Republicans, despite the US Treasury lifting sanctions on Russian diesel supplies.

Massive Crackdown: Karnataka Seizes Rs 4.76 Crore Worth Of Diverted PDS Rice

Massive Crackdown: Karnataka Seizes Rs 4.76 Crore Worth Of Diverted PDS Rice

Rediff.com7 days ago

Karnataka authorities conducted a three-day statewide crackdown on illegal diversion of subsidised Public Distribution System (PDS) foodgrain, seizing 5.65 lakh kg of rice and 24 transport vehicles worth a total of Rs 4.76 crore. Six criminal cases have been registered against nine individuals, and two officials have been suspended for dereliction of duty.

Flash flood in Nepal leaves 10 missing, damages 2 hydropower projects

Flash flood in Nepal leaves 10 missing, damages 2 hydropower projects

Rediff.com5 days ago

A flash flood in Nepal's Budhi Gandaki River in Gorkha district has swept away houses, damaged two hydropower projects, and left at least 10 people missing. Authorities have rescued nearly 50 people and mobilised security agencies for search and rescue operations, urging riverside villagers to move to safer locations.

Yogi renames Atiq Ahmed's former stronghold, plans 1,200 homes for poor

Yogi renames Atiq Ahmed's former stronghold, plans 1,200 homes for poor

Rediff.com1 days ago

Uttar Pradesh Chief Minister Yogi Adityanath announced the renaming of Kasari-Masari, a former stronghold of gangster Atiq Ahmed, to Shrikrishnapuri. The area in Prayagraj will see the construction of 1,200 homes for poor families on land reclaimed from the mafia leader. Adityanath reiterated his government's "zero-tolerance" policy against criminals and highlighted development initiatives.

Lessons India Inc Can Learn From Tata Sons Turmoil

Lessons India Inc Can Learn From Tata Sons Turmoil

Rediff.com21 hours ago

'The larger lesson for India Inc is that promoter oversight and professional management are not inherently contradictory. The difficulty arises when the boundaries between the two are unclear.'

NPS Tatkal To Drive Pension System Growth

NPS Tatkal To Drive Pension System Growth

Rediff.com1 Oct 2026

PFRDA Chairperson S Ramann announced an ambitious target to add 2-3 crore new subscribers to the National Pension System (NPS) within the next two years. This growth will be significantly driven by the new 'NPS Tatkal' scheme, which enables direct enrolment and contributions via UPI applications, making the pension system more accessible, especially in tier 2 and tier 3 cities and for the informal sector.

India's Ayush Sector Looks Beyond Primary Care

India's Ayush Sector Looks Beyond Primary Care

Rediff.com46 minutes ago

Dedicated Ayush dispensaries increased from 26,130 in 2013-2014 to 37,804 in 2024-2025, while hospitals rose much more slowly, from 3,605 to 3,885.

'Stir will go nationwide': CJP vows to continue fight against CEC

'Stir will go nationwide': CJP vows to continue fight against CEC

Rediff.com5 days ago

Leaders of the Cockroach Janta Party (CJP), including Saurav Das and Ashutosh Ranka, have vowed to escalate their agitation against Chief Election Commissioner (CEC) Gyanesh Kumar, expanding protests nationwide after their release from detention. They allege an "emergency-like situation" created by the Modi government, illegal detentions, and harassment of protesters, drawing parallels to the 1975 Emergency. The CJP is protesting alleged irregularities in voter rolls and demanding Kumar's resignation, accusing authorities of suppressing dissent.

Despite The 3,000+ Arrests, GenZ Protests To Continue

Despite The 3,000+ Arrests, GenZ Protests To Continue

Rediff.com6 days ago

The Cockroach Janta Party has pledged to continue its protests, demanding Chief Election Commissioner Gyanesh Kumar's resignation and the rollback of the Special Intensive Revision (SIR) of electoral rolls.

Jio Platforms IPO Set for October End Listing, Valued at $143-146 Billion

Jio Platforms IPO Set for October End Listing, Valued at $143-146 Billion

Rediff.com4 Oct 2026

Digital services major Jio Platforms is anticipated to list on the stock exchange by the end of October, with an estimated enterprise valuation of USD 143-146 billion, making it India's largest public offer at around USD 3.8 billion.

Elon Musk: Starlink services in India must be affordable, slams 'de facto monopoly'

Elon Musk: Starlink services in India must be affordable, slams 'de facto monopoly'

Rediff.com3 days ago

Elon Musk, CEO of SpaceX, stated that Starlink's services in India must be affordable for widespread adoption and that competition would benefit consumers, despite potentially reducing Reliance Jio's profits. He criticised Reliance Jio as a 'de facto monopoly' in India, alleging that certain business conglomerates were blocking Starlink's entry.

Why ICC sees China as cricket's next big opportunity

Why ICC sees China as cricket's next big opportunity

Rediff.com8 Oct 2026

The International Cricket Council (ICC) is actively pursuing a strategy to expand cricket in China, leveraging the sport's recent inclusion in the Olympics. Plans include establishing a Centre of Excellence, supporting a Tier 2 event, and promoting women's cricket, with significant investment and collaboration with the Chinese Cricket Association to embed the sport deeper into the country's sporting system.

HCLTech Q2 FY27 Profit Jumps 21% to Rs 5,132 Crore, Driven by Advanced AI Growth

HCLTech Q2 FY27 Profit Jumps 21% to Rs 5,132 Crore, Driven by Advanced AI Growth

Rediff.com4 days ago

HCLTech announced a robust 21.18 per cent increase in its Q2 FY27 consolidated net profit, reaching Rs 5,132 crore, largely propelled by the strong performance and higher margins from its advanced AI operations and a reduced tax burden.

Painful parallels to Nirbhaya case: SC on Delhi bus rape

Painful parallels to Nirbhaya case: SC on Delhi bus rape

Rediff.com28 Sep 2026

The Supreme Court has taken suo motu cognisance of recent heinous crimes against minor girls and women in the Delhi-NCR region, highlighting a systemic failure in law enforcement. Citing parallels to the 2012 Nirbhaya case, the court demanded accountability from authorities and sought comprehensive reports on public safety measures and the utilisation of the National Database on Sexual Offenders.

QIBs drive bulk of demand as NSE IPO subscribed 5.7 times

QIBs drive bulk of demand as NSE IPO subscribed 5.7 times

Rediff.com22 Sep 2026

Institutional portion subscribed 12.68 times; retail crosses quota.

Passengers intercepted with Rs 1 crore military-grade drones at Delhi airport

Passengers intercepted with Rs 1 crore military-grade drones at Delhi airport

Rediff.com29 Sep 2026

Three Indian passengers were intercepted at Delhi airport with 10 professional-grade drones, described as military-grade unmanned aerial vehicles, equipped with thermal imaging and laser range finders. The drones, valued at over Rs 1.03 crore, along with an iPhone 18 Pro Max, were recovered from passengers arriving from Hong Kong. The seizure was made by Customs officers based on intelligence, as the drones were brought into India without declaration or payment of duty.

Unprecedented security clampdown in Delhi ahead of CJP protest; Internet, metro stations shut

Unprecedented security clampdown in Delhi ahead of CJP protest; Internet, metro stations shut

Rediff.com7 days ago

Delhi is under an unprecedented security clampdown with 25,000 police and paramilitary personnel deployed, 45 metro stations shut, and mobile internet suspended in parts of the city, as authorities deny permission for a protest by the Cockroach Janta Party against Chief Election Commissioner Gyanesh Kumar.

RBI Brings Bank Deposits Into CAS

RBI Brings Bank Deposits Into CAS

Rediff.com8 Oct 2026

'We see a lot of cases of bank deposits getting lost, especially when people die, so this will help address that because you have one consolidated view.'

Natural Calamities Trigger Property Insurance Rate Spike, Discounts Cut

Natural Calamities Trigger Property Insurance Rate Spike, Discounts Cut

Rediff.com21 Sep 2026

Property insurance premium rates are increasing by 25-30 per cent, primarily due to a reduction in discounts, following substantial claims from natural calamities like the Gujarat floods, which caused an estimated 5,000 crore in losses.

Airtel Money files for London IPO, IFC to buy $90 mn stake

Airtel Money files for London IPO, IFC to buy $90 mn stake

Rediff.com24 Sep 2026

Airtel Africa's mobile payments arm, Airtel Money, has filed for an initial public offering (IPO) on the London Stock Exchange, with the International Finance Corporation (IFC) agreeing to purchase shares worth up to $90 million at the final offer price.

Massive Police Clampdown Foils Anti-CEC Protest In Delhi

Massive Police Clampdown Foils Anti-CEC Protest In Delhi

Rediff.com6 days ago

Delhi Police launched a massive crackdown to prevent a protest against the Chief Election Commissioner at Jantar Mantar, detaining CJP leaders Abhijeet Dipke, YouTuber Dhruv Rathee, and nearly 500 others. The city was turned into a fortress with extensive security, metro closures, and barricades. Opposition parties, including AAP and Congress, condemned the actions, calling the situation "worse than the Emergency."

'Young People Feel Uncertainty Because Of The Huge Disruption In The Job Market'

'Young People Feel Uncertainty Because Of The Huge Disruption In The Job Market'

Rediff.com18 Aug 2026

'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'

Cipla faces fresh FDA blow, Pune warehouse drug licences cancelled

Cipla faces fresh FDA blow, Pune warehouse drug licences cancelled

Rediff.com2 Oct 2026

The Maharashtra Food and Drug Administration (FDA) has cancelled the drug sale and distribution licences of Cipla Pharma & Life Sciences Ltd's carrying and forwarding (C&F) warehouse in Pune. This action follows alleged violations related to packaging, storage, documentation, and recall of Reactin Plus Tablets, a Schedule H drug. The FDA cited issues like misbranding, inadequate storage conditions, and deficiencies in record-keeping, reiterating its commitment to ensuring medicine safety and compliance.

'Monetary Policy Can Bring Inflation To The Target'

'Monetary Policy Can Bring Inflation To The Target'

Rediff.com7 Oct 2026

'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'

NSE's Rs 22,569-crore IPO sees 43% subscription on opening day

NSE's Rs 22,569-crore IPO sees 43% subscription on opening day

Rediff.com17 Sep 2026

The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was subscribed 43 per cent on its first day of bidding, making it India's second-largest public issue after Hyundai Motor India's Rs 27,870-crore IPO in 2024.

The High Cost Of Defending The Rupee

The High Cost Of Defending The Rupee

Rediff.com10 Sep 2026

The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.

Aastha Kunj Park Security Lapses Exposed After Horrific Incident

Aastha Kunj Park Security Lapses Exposed After Horrific Incident

Rediff.com22 Sep 2026

Aastha Kunj Park in southeast Delhi is under intense scrutiny following the alleged gangrape of a 17-year-old girl by men posing as police personnel. The incident has brought to light significant security deficiencies, including broken boundary walls, unmanned gates, and poor lighting, raising serious concerns about public safety in the sprawling green space.

FSSAI sues Nestle India over 3 baby food products

FSSAI sues Nestle India over 3 baby food products

Rediff.com18 Sep 2026

The Food Safety and Standards Authority of India (FSSAI) has initiated legal action against Nestle India Ltd for alleged non-compliance with food safety norms concerning three infant nutrition products. The regulator flagged promotional claims for NAN Excella Pro Stage 1 and Lactogen Pro 1, and found a follow-up formula sub-standard for Biotin content, leading to three separate adjudication cases.

'Carnage': SC on 10x markup on cancer drugs, bats for 16pc margin

'Carnage': SC on 10x markup on cancer drugs, bats for 16pc margin

Rediff.com29 Sep 2026

The Supreme Court has strongly criticised the exorbitant markup on cancer drugs by hospitals, calling it "carnage" and "broad daylight dacoity." The court highlighted a case where a cancer drug was marked up ten times its retail price and urged the Centre to implement a uniform 16% margin on all medicines. It also raised concerns about hospitals forcing patients to buy medicines from their in-house chemists.