News for 'Markets and Markets'

Haryana Government Takes Action Against LPG Black Marketing, Seizes Hundreds of Cylinders

Haryana Government Takes Action Against LPG Black Marketing, Seizes Hundreds of Cylinders

Rediff.com24 Mar 2026

The Haryana government is taking strict measures to combat the black marketing of cooking gas cylinders, registering FIRs and seizing hundreds of cylinders. Officials assure citizens of sufficient LPG supply despite global concerns.

Dr Reddy's Labs plunges 69% to Rs 443 crore, hit by lenalidomide exit and semaglutide issues

Dr Reddy's Labs plunges 69% to Rs 443 crore, hit by lenalidomide exit and semaglutide issues

Rediff.com23 Jul 2026

Dr Reddy's Laboratories reported a 68.7 per cent year-on-year decline in consolidated net profit to Rs 443.5 crore in Q1 FY27, primarily due to the end of its lenalidomide sales agreement, a Rs 240-crore provision for semaglutide API inventory quality issues, and elevated freight costs.

India's Forex Kitty Swells by $10.5 Billion to $692.87 Billion

India's Forex Kitty Swells by $10.5 Billion to $692.87 Billion

Rediff.com7 Aug 2026

India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

Rediff.com29 Jul 2026

Larsen & Toubro (L&T) reported a 14 per cent year-on-year increase in Q1 FY27 profit attributable to owners, reaching Rs 3,926 crore, surpassing analyst estimates, despite facing significant supply-chain disruptions in West Asia.

TVS Motor's Q1 net profit jumps 57% on record sales, robust demand across segments

TVS Motor's Q1 net profit jumps 57% on record sales, robust demand across segments

Rediff.com22 Jul 2026

TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.

New Closing Auction Mechanism: What it Means for Indian Investors

New Closing Auction Mechanism: What it Means for Indian Investors

Rediff.com23 Jul 2026

Indian stock exchanges are actively preparing to implement a new closing auction mechanism (CAS) from August 3, aimed at enhancing transparency in determining closing prices for securities with derivative contracts.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Domestic travel momentum drives Indian Hotels' robust Q1 performance

Domestic travel momentum drives Indian Hotels' robust Q1 performance

Rediff.com30 Jul 2026

Indian Hotels Company (IHCL) reported a healthy 14.6 per cent consolidated revenue growth in Q1 FY27, largely driven by a robust 17.6 per cent increase in domestic operations, offsetting geopolitical disruptions. Brokerages anticipate sustained growth, with Motilal Oswal Research projecting 12-14 per cent growth in FY27, supported by strong leisure demand and an asset-light expansion pipeline.

Stock Market Today March 24, 2026: Sensex, Nifty50 Surge on US-Iran Relief

Stock Market Today March 24, 2026: Sensex, Nifty50 Surge on US-Iran Relief

Rediff.com24 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Mumbai coastal road sparks Rs 6,000 cr luxury housing boom

Mumbai coastal road sparks Rs 6,000 cr luxury housing boom

Rediff.com10 Jul 2026

Mumbai's coastal luxury residential redevelopment pipeline is valued at approximately 6,000 crore, with 75-80 projects expected to launch over the next eight to nine quarters, driven by improved infrastructure and demand for waterfront living.

RBI shuts FCNR(B) swap facility early as inflows hit $52.3 billion

RBI shuts FCNR(B) swap facility early as inflows hit $52.3 billion

Rediff.com17 Aug 2026

The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.

Honda ZR-V: Is this premium hybrid SUV worth its high price tag in India?

Honda ZR-V: Is this premium hybrid SUV worth its high price tag in India?

Rediff.com3 Aug 2026

Honda is re-entering the Indian market with the ZR-V, a premium hybrid SUV designed to be a halo product and showcase its global line-up, despite its high import price and some missing features.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

GMR Aero Technic And Honeywell Aerospace Collaborate To Boost LEAP Engine MRO In India

GMR Aero Technic And Honeywell Aerospace Collaborate To Boost LEAP Engine MRO In India

Rediff.com28 Jul 2026

GMR Aero Technic has signed a license agreement with Honeywell Aerospace to provide maintenance, repair, and overhaul (MRO) services for LEAP engine line replaceable units (LRUs). This partnership will enhance MRO capabilities for Airbus A320neo and Boeing 737 MAX aircraft in India, leveraging Honeywell's technology and GMR's infrastructure to offer efficient and cost-effective solutions for regional airlines.

Pickle Recipes: Ker Sangri; Hog Plum

Pickle Recipes: Ker Sangri; Hog Plum

Rediff.com17 Aug 2026

Across India, pickling is more than a method of preservation. It is a seasonal ritual, deeply tied to climate, geography, and local ingenuity. Presenting two recipes...

'Coding Agents Won't Replace Software Engineers'

'Coding Agents Won't Replace Software Engineers'

Rediff.com17 Aug 2026

'It seems unlikely that organisations will be a bunch of individuals who work on their own and there are no teams anymore, because that is not sustainable.'

The Outsider Who Went On To Helm Tata Sons

The Outsider Who Went On To Helm Tata Sons

Rediff.com12 Aug 2026

Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.

7 states account for 85% of India's installed solar capacity

7 states account for 85% of India's installed solar capacity

Rediff.com30 Jul 2026

Despite aggressive expansion, India's solar power sector faces significant hurdles from rising regional disparities in installed capacity and a looming manufacturing glut due to overcapacity in domestic solar equipment production, potentially leading to consolidation and pricing pressures.

Geopolitical tensions, inflation data to dictate gold and silver prices

Geopolitical tensions, inflation data to dictate gold and silver prices

Rediff.com13 Jul 2026

Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.

New Venture Targets Gig Worker Welfare

New Venture Targets Gig Worker Welfare

Rediff.com27 Jul 2026

The physical centres will operate on a monthly subscription model, where access would be limited to verified active gig workers and platform verification.

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Rediff.com10 Jul 2026

Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.

How Technology And Innovation Will Drive India's Growth

How Technology And Innovation Will Drive India's Growth

Rediff.com15 Aug 2026

Prime Minister Narendra Modi, in his Independence Day address, highlighted technology and innovation as central to India's goal of becoming a developed nation by 2047. He called for India to lead in emerging technologies like AI, quantum computing, and space, announcing a massive AI skilling initiative for one crore youth. Modi stressed the importance of becoming a global innovation hub, bolstering energy security with nuclear power, and strengthening cybersecurity.

Stock Markets Today March 25, 2026 ' Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Stock Markets Today March 25, 2026 ' Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Rediff.com25 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

80th Independence Day: Modi vows to realise 'Viksit Bharat' dream by 2047

80th Independence Day: Modi vows to realise 'Viksit Bharat' dream by 2047

Rediff.com15 Aug 2026

Prime Minister Narendra Modi, in his 80th Independence Day address, expressed strong confidence that India will achieve developed nation status by 2047, urging citizens to embrace big dreams and unwavering resolve to realise 'Viksit Bharat'. He highlighted India's economic transformation and significant growth in various sectors, including defence production, electronic manufacturing, and mobile phone production.

Vikram-1, India's 1st private orbital-class rocket, successfully enters space

Vikram-1, India's 1st private orbital-class rocket, successfully enters space

Rediff.com18 Jul 2026

Skyroot Aerospace successfully launched India's first privately developed orbital rocket, Vikram-1, placing multiple technology demonstration payloads and commemorative items, including a postcard from Prime Minister Narendra Modi, into low Earth orbit, marking a significant entry into the global orbital launch market.

Govt allows FDI in inventory-based e-commerce model only for export purposes

Govt allows FDI in inventory-based e-commerce model only for export purposes

Rediff.com23 Jul 2026

The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.

How Brand USA Is Capitalising On World Cup To Boost Tourism

How Brand USA Is Capitalising On World Cup To Boost Tourism

Rediff.com20 Jul 2026

Brand USA, the destination marketing organisation for the United States, has launched a new social-first series called 'More to Love'. This campaign aims to leverage the success of the FIFA World Cup 2026, which was hosted across the US, Canada, and Mexico, to encourage international fans to return and explore more of the country's diverse attractions, including its national parks and various states. The campaign is being amplified globally, including in India.

India's Unemployment Rate Falls to 5.1% in July

India's Unemployment Rate Falls to 5.1% in July

Rediff.com17 Aug 2026

India's overall unemployment rate for individuals aged 15 and above decreased to 5.1 per cent in July 2026, down from 5.5 per cent in June 2026, according to the latest Periodic Labour Force Survey (PLFS) by the National Statistics Office (NSO).

Is Tata Motors Becoming India's EV King?

Is Tata Motors Becoming India's EV King?

Rediff.com3 Jul 2026

Tata Motors expands its market leadership in India's electric passenger vehicle (ePV) segment, capturing 39 per cent of the market in Q1FY27, while simultaneously strengthening its position as the nation's second-largest carmaker amidst fierce competition and rapid market growth.

Govt adviser bats for E10 petrol to protect older vehicles

Govt adviser bats for E10 petrol to protect older vehicles

Rediff.com17 Aug 2026

A government adviser has called for India to reintroduce a petrol variant with a lower ethanol blend, such as E10, alongside the current E20 fuel. This move aims to protect millions of older vehicles, particularly two-wheelers, which may experience performance issues and damage from the higher 20 per cent ethanol blend.

I-Day security tightened, posters of 19 wanted terrorists put up across Delhi

I-Day security tightened, posters of 19 wanted terrorists put up across Delhi

Rediff.com11 Aug 2026

Delhi Police have significantly ramped up security measures across the national capital ahead of Independence Day. This includes deploying advanced technology like facial recognition systems and the Abhigyan app, installing thousands of CCTV cameras, and putting up posters of 19 wanted terrorists. Multi-layered security is in place, especially around the Red Fort, with a large deployment of personnel and anti-drone systems to prevent any security breaches.

Dubai's Danube targets $4 bn launches in FY27

Dubai's Danube targets $4 bn launches in FY27

Rediff.com6 Jul 2026

Dubai-based Danube Group plans to launch projects with a combined sales potential of approximately $4 billion in fiscal year 2026-27 (FY27), adopting a more selective approach to new developments as the Emirati property market enters a correction phase.

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Rediff.com27 Mar 2026

Benchmark indices Sensex and Nifty tumbled in early trade on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Track Sensex, Nifty50 movement and key market drivers for March 27, 2026.

Karnataka Congress MLA accuses KSCA of selling IPL tickets on black market

Karnataka Congress MLA accuses KSCA of selling IPL tickets on black market

Rediff.com26 Mar 2026

Congress MLA Kashappanavar Vijayananda Shivashankarappa has accused the Karnataka State Cricket Association (KSCA) of selling IPL 2026 complementary tickets meant to be issued to legislators and ministers on the black market.

Child trafficking 'heinous scourge', says court, denies bail to accused

Child trafficking 'heinous scourge', says court, denies bail to accused

Rediff.com4 Aug 2026

A Delhi court has denied bail to Raj Kumar, an accused in an inter-state child trafficking racket, emphasising that child trafficking is a "heinous scourge" and an "onslaught on the moral conscience of civilised society." The court highlighted the vulnerability of children and the commercialisation of infants, noting that the complainant's newborn is still missing and the accused's wife has prior involvement in similar cases.

Carlsberg India confidentially files IPO papers with Sebi

Carlsberg India confidentially files IPO papers with Sebi

Rediff.com3 Jul 2026

Danish brewing giant Carlsberg has confidentially filed draft papers with India's markets regulator Sebi for an initial public offering (IPO) of its Indian business, joining a growing list of multinational companies looking to tap India's equity markets.

Can Tekton SUV Bring Nissan Back Into the Big League?

Can Tekton SUV Bring Nissan Back Into the Big League?

Rediff.com11 Jul 2026

Nissan Motor India aims to achieve a fourfold increase in domestic sales, targeting 100,000 units annually, and export another 100,000 vehicles from its Chennai plant by financial year 2027-28 (FY28), marking a significant revival of its presence in the Indian passenger vehicle market.

J'khand job row: Stir enters Day 19, protesters vow to intensify agitation

J'khand job row: Stir enters Day 19, protesters vow to intensify agitation

Rediff.com12 Aug 2026

Job aspirants in Jharkhand are continuing their 19-day agitation against alleged irregularities in state recruitment examinations, demanding greater transparency, cancellation of tests, and an independent probe. The protests have led to clashes with police, a political showdown with the BJP, and health concerns for hunger-striking demonstrators, despite government assurances of reforms.

How Young Stars, Global Audiences Drive F1's Popularity Surge

How Young Stars, Global Audiences Drive F1's Popularity Surge

Rediff.com29 Jul 2026

Formula One boss Stefano Domenicali heaped praise on teenager Kimi Antonelli on Wednesday as the sport gave itself a glowing half-term report, with sold-out races and booming viewing figures in key markets.

HAL Secures Major Long-Term Deal With Safran For LEAP Engine Parts

HAL Secures Major Long-Term Deal With Safran For LEAP Engine Parts

Rediff.com22 Jul 2026

Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have signed a long-term agreement for the production and supply of turbine ring forgings for the CFM LEAP engine programme. This multi-year contract, signed at the Farnborough International Airshow, will see HAL manufacture critical superalloy components at its Bengaluru facility, enhancing India's capabilities in advanced aerospace manufacturing and expanding its presence in the international civil aerospace market.