News for 'Markets Authority'

Adani's Haifa port unaffected by Iranian missile strikes, operations normal

Adani's Haifa port unaffected by Iranian missile strikes, operations normal

Rediff.com15 Jun 2025

Indian billionaire Gautam Adani-led group's Haifa port in Israel was unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered, sources said. Late on Saturday night, Iran targeted Israel's Haifa port and a nearby oil refinery in response to Tel Avi's attack on Iranian nuclear and other targets earlier this week.

Indian carriers hit by Iran-led airspace closures after US base strike

Indian carriers hit by Iran-led airspace closures after US base strike

Rediff.com25 Jun 2025

Indian carriers are grappling with severe operational disruptions after Iran launched missile strikes on the US military base in Qatar late Monday. This led to airspace closures for long hours in parts of West Asia. Iran, Qatar, the UAE, Bahrain, and Kuwait shut down their skies following the attack, forcing airlines to cancel, divert, or delay flights through these vital corridors.

'Judges Don't Descend From Mars Or The Moon'

'Judges Don't Descend From Mars Or The Moon'

Rediff.com21 Aug 2025

'The quality of justice is directly linked to the quality of judges -- if that suffers, justice delivery suffers.'

Crackdown on military uniform sales after Pahalgam attack

Crackdown on military uniform sales after Pahalgam attack

Rediff.com25 Apr 2025

Security checks have been intensified in Paltan Bazaar, a well-known market in Dehradun, following concerns about the unauthorised sale of military uniforms on Friday.

Cab Wars Heat Up at Airports Post BluSmart Exit

Cab Wars Heat Up at Airports Post BluSmart Exit

Rediff.com19 Jun 2025

Uber recorded approximately 200 per cent year-on-year growth in its pre-scheduled ride option, Uber Reserve.

Mango exports to the US see healthy growth

Mango exports to the US see healthy growth

Rediff.com20 May 2025

India's mango exports to the US are registering healthy growth, and irradiation operations at a key mango treatment facility in Mumbai have been normalised after a brief disruption due to a data recording error earlier this month, an official said on Tuesday. The Mumbai-based irradiation facility, which handles the highest volume of mangoes destined for the US, faced an issue during the irradiation process conducted on May 8 and 9, 2025.

Why 500,000 Indians Visited Vietnam

Why 500,000 Indians Visited Vietnam

Rediff.com3 Jul 2025

Stunning landscapes, natural beauty, clean beaches, cultural wealth, mouth-watering food, shopping options, safety for solo travellers, warm hospitality, easy visas, and connectivity make Vietnam a must-visit destination, discovers Ramesh Menon.

No normalcy? Schools in border areas of Punjab shut

No normalcy? Schools in border areas of Punjab shut

Rediff.com13 May 2025

Blackouts were enforced in Amritsar and Hoshiarpur's Dasuya and Mukerian areas as a precautionary measure. Electricity supply in Amritsar was restored at 11:42 pm on Monday.

'Cab segment drives up to 25% of Rapido's total bookings'

'Cab segment drives up to 25% of Rapido's total bookings'

Rediff.com26 May 2025

Ride-hailing unicorn Rapido is quickly scaling up its four-wheeler segment, which now contributes up to 25 per cent of its total bookings. Aravind Sanka, Rapido's cofounder, in a video interview with Udisha Srivastav/Business Standard, shares insights on the company's plans to expand into the segment, how BluSmart's exit has created an opportunity for the company, its push towards green mobility, and navigating state-specific policies.

32 yrs on, Tiger Memon's 14 properties to be handed over to Centre

32 yrs on, Tiger Memon's 14 properties to be handed over to Centre

Rediff.com1 Apr 2025

A special court in Mumbai has ordered the transfer of 14 properties belonging to Tiger Memon, an alleged mastermind of the 1993 Mumbai serial bomb blasts, and his family to the central government. The properties, which were in the possession of the Bombay High Court's receiver since 1994, were forfeited under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEM) after proceedings initiated against Memon in 1993 based on a detention order issued by the Maharashtra government. The properties include a flat in Bandra, an office in Mahim, a plot in Santacruz, and several other properties across Mumbai.

It Starts With A Casual Bet And Then...

It Starts With A Casual Bet And Then...

Rediff.com4 Jul 2025

In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.

'All India Radio Is No Underdog'

'All India Radio Is No Underdog'

Rediff.com13 Aug 2025

'The largest listenership for Vividh Bharati outside the country is in Spain.' 'The labourers who go there for the tomato-picking season feel cut off from their country and listen to Vividh Bharati to overcome their loneliness.'

'Our goal is to make India 50% of overall biz'

'Our goal is to make India 50% of overall biz'

Rediff.com15 Jun 2025

'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'

Markets wrong to hope worst of geopolitical crises over: Wood

Markets wrong to hope worst of geopolitical crises over: Wood

Rediff.com4 May 2024

Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.

Ceasefire: Residents in Punjab asked to resume normal life

Ceasefire: Residents in Punjab asked to resume normal life

Rediff.com11 May 2025

Calm prevailed in Punjab, especially in the border areas of the state, on Sunday morning, following an understanding between India and Pakistan to stop all firings and military actions on land, air and sea.

Air raid sirens installed in Delhi after Pak missile attack

Air raid sirens installed in Delhi after Pak missile attack

Rediff.com9 May 2025

Amid heightened tensions between India and Pakistan, authorities in Delhi are taking precautionary measures, including installing air raid sirens, conducting mock drills, and deploying civil defence personnel. Security has been beefed up at vital installations and areas with high footfall, while the government has barred its employees from going on leave.

Ambani flies to Qatar to meet Trump, 2nd meeting since inauguration

Ambani flies to Qatar to meet Trump, 2nd meeting since inauguration

Rediff.com14 May 2025

The richest Asian Mukesh Ambani is flying to Doha to meet US President Donald Trump, his second meeting since Trump returned to presidency in January this year.

AIF returns trailed market gains in Dec

AIF returns trailed market gains in Dec

Rediff.com25 Jan 2024

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent

Sensex May Hit 105,000 by Dec 2025

Sensex May Hit 105,000 by Dec 2025

Rediff.com12 Mar 2025

The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.

Quad condemns Pahalgam attack; silent on Pak, 4-day military conflict

Quad condemns Pahalgam attack; silent on Pak, 4-day military conflict

Rediff.com2 Jul 2025

The Quad grouping has called for bringing the perpetrators, organisers and financiers of the Pahalgam terror attack to justice without any delay and urged UN member nations to extend cooperation for it.

Myanmar earthquake toll rises to 1,644; over 3,000 injured

Myanmar earthquake toll rises to 1,644; over 3,000 injured

Rediff.com29 Mar 2025

The death toll from a devastating 7.7 magnitude earthquake that struck Myanmar has risen to more than 1,000, as rescue workers continue to recover bodies from the ruins of collapsed buildings.

Trump hits back with 125% tariffs on China; 90-day relief for 75 nations

Trump hits back with 125% tariffs on China; 90-day relief for 75 nations

Rediff.com10 Apr 2025

The move by the US President came following a retaliatory move by China, where it increased its tariff on US goods from 34 per cent to 84 per cent starting April 10.

LIC Hits Back At USTR Bias Claim

LIC Hits Back At USTR Bias Claim

Rediff.com5 Apr 2025

LIC said USTR's views are based on an incomplete understanding of Indian insurance regulation and LIC's functioning.

Lok Sabha election outcome can trigger stock market correction: Bernstein

Lok Sabha election outcome can trigger stock market correction: Bernstein

Rediff.com23 Apr 2024

While the markets have factored in a number close to 350 for the BJP and almost 400 for the NDA, 50 seats fewer could trigger a market correction

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Rediff.com23 Apr 2025

To enable Indian banks and financial institutions to develop an aircraft-leasing ecosystem at GIFT City, the Ministry of Civil Aviation has sought support from the Ministry of Finance. It has also raised concern over slow progress in developing aircraft leasing in India.

Saudi Doctor Behind German Car Attack

Saudi Doctor Behind German Car Attack

Rediff.com21 Dec 2024

The suspect is a 50-year-old Saudi doctor who moved to Germany in 2006, Tamara Zieschang, the interior minister for the state of Saxony-Anhalt, said at a news conference. He has been practicing medicine in Bernburg, about 40 km south of Magdeburg.

Homebuyers Beware: No Sale Agreement, No Legal Rights

Homebuyers Beware: No Sale Agreement, No Legal Rights

Rediff.com6 Jun 2025

Registering the agreement for sale remains the most reliable way for a homebuyer to secure their legal and financial interests.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

US Tariffs Rattle India's Shrimp Sector

US Tariffs Rattle India's Shrimp Sector

Rediff.com18 Apr 2025

Trump's tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in Andhra Pradesh's politically vital aquaculture sector.

Markets May Tank 40% If...

Markets May Tank 40% If...

Rediff.com15 Sep 2023

The outcome of the general elections, the Morgan Stanley note says, has enough firepower to sway the markets on either side.

Iran shutting Hormuz Strait will impact Indian economy: Experts

Iran shutting Hormuz Strait will impact Indian economy: Experts

Rediff.com22 Jun 2025

The Israel-Iran conflict has entered a 'decisive phase' after the United States bombed three major Iranian nuclear sites Sunday morning, feel strategic affairs experts with some of them arguing it was Washington, DC's 'responsibility' to not get involved in the military standoff.

With Old Visa Doors Closing, Indians Forge New Paths

With Old Visa Doors Closing, Indians Forge New Paths

Rediff.com5 May 2025

Australia, Canada, US and UK are restricting immigration, but other countries are opening their doors.

Which PSU Stocks Should You Invest In?

Which PSU Stocks Should You Invest In?

Rediff.com17 May 2025

'The universe of PSU stocks is huge and diverse.' 'Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'

RBI tells IMF why it frequently intervenes in forex market

RBI tells IMF why it frequently intervenes in forex market

Rediff.com20 Dec 2023

The Reserve Bank has told the International Monetary Fund (IMF) that the objective of frequent interventions in the forex market is to curb excessive volatility, dismissing the Fund's rationale for reclassifying India's exchange rate regime. The IMF, following the Article IV consultation with the Indian authorities, reclassified the status of the exchange rate regime to "stabilised arrangement" from "floating" for period between December 2022 to October 2023. India's Executive Director at IMF K V Subramanian and Senior Advisors Sanjay Kumar Hansda and Anand Singh questioned the selection period adopted by the Fund for analysis and also reclassification of the country's exchange rate regime.

UP govt, Foxconn in talks for a manufacturing unit

UP govt, Foxconn in talks for a manufacturing unit

Rediff.com14 Apr 2025

The Uttar Pradesh government and iPhone maker Foxconn have started discussions to set up an electronics manufacturing unit in the state, sources aware of the development said. The investment pitch was made by Invest UP to Foxconn at the time of the final land allocation for the HCL-Foxconn chip joint venture Vama Sundari.

Pak increases range of mobile towers, alert in Rajasthan

Pak increases range of mobile towers, alert in Rajasthan

Rediff.com14 May 2025

Amid concerns of espionage, the Rajasthan administration has intensified security measures along the India-Pakistan border, with authorities in Jaisalmer and Sri Ganganagar banning the use of Pakistani SIM cards.

Volkswagen moves HC over $1.4 bn tax notice

Volkswagen moves HC over $1.4 bn tax notice

Rediff.com3 Feb 2025

Skoda Auto Volkswagen India has filed a case against tax authorities over the Rs 11,000 crore (about USD 1.4 billion) show cause notice for alleged customs duty fraud related to the import of cars as completely knocked down units.

RBI sees 'sequential pickup in economic activity'

RBI sees 'sequential pickup in economic activity'

Rediff.com19 Feb 2025

High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday. However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on 'State of the Economy' published in RBI's February bulletin.

Modi 3@1: Challenges, Opportunities Ahead

Modi 3@1: Challenges, Opportunities Ahead

Rediff.com9 Jun 2025

There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.

'My Job Is To Be A Facilitator'

'My Job Is To Be A Facilitator'

Rediff.com23 Jun 2025

'My job is to provide people with a bouquet of options they can choose from.'