News for 'Markets and Markets'

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.

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Rediff.com8 May 2026

Maruti Suzuki India's shares gained over 2.5 per cent after a strong March-quarter performance, with analysts maintaining a positive medium-term outlook driven by buoyant domestic market volumes, capacity expansion, and export growth, despite anticipated near-term margin pressures from higher commodity prices and startup costs.

How Kushinagar Police Busted International Job Fraud Syndicate

How Kushinagar Police Busted International Job Fraud Syndicate

Rediff.com31 May 2026

Kushinagar police busted an international fraud syndicate that allegedly lured Nepali citizens with false promises of jobs and higher education, arresting ten members and rescuing 453 Nepali nationals.

Banks Make Record Profits, But Worry Because...

Banks Make Record Profits, But Worry Because...

Rediff.com16 Jun 2026

The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.

How Goa Police Busted Interstate Heroin Smuggling Network

How Goa Police Busted Interstate Heroin Smuggling Network

Rediff.com1 Jun 2026

Goa police have dismantled an interstate heroin smuggling network, arresting four individuals, including the primary suspect from Uttar Pradesh. The investigation began after a raid near the Betim jetty, leading to the apprehension of Nepali nationals with a significant quantity of heroin.

No plans for fuel rationing, supply adequate: Oil ministry official

No plans for fuel rationing, supply adequate: Oil ministry official

Rediff.com11 May 2026

India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.

Why Paytm Is Steering Clear Of An NBFC Licence

Why Paytm Is Steering Clear Of An NBFC Licence

Rediff.com7 May 2026

Paytm, operated by One97 Communications, is not actively seeking a non-banking financial company (NBFC) licence, preferring partnership models for lending operations, according to its Group CFO.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.

How Persistent Systems Is Expanding In Eastern Europe

How Persistent Systems Is Expanding In Eastern Europe

Rediff.com1 Jun 2026

Persistent Systems announced an agreement to integrate a team from Concise, a software engineering and IT consulting company, to expand its Eastern European footprint.

How Could Markets Be At All-Time Highs While Portfolios Languished?

How Could Markets Be At All-Time Highs While Portfolios Languished?

Rediff.com29 Dec 2025

There are vexing questions around the disconnect between Nifty returns and portfolio returns, between economic growth and earnings growth, and finally, between earnings growth and market returns, points out Debashis Basu.

Emcure sets sights on pan-Indian obesity market with Poviztra

Emcure sets sights on pan-Indian obesity market with Poviztra

Rediff.com23 Dec 2025

Emcure Pharmaceuticals on Monday said it saw Poviztra, its newly launched semaglutide brand, as a "long-term" opportunity in India's fast-evolving obesity and cardiometabolic therapy market, even as price competition in the glucagon-like peptide-1 (GLP-1) segment intensified.

Want To Make India's Heaviest Rocket, LVM3?

Want To Make India's Heaviest Rocket, LVM3?

Rediff.com12 Jun 2026

The EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.

Sexual Harassment Allegations Lead To Case Against Delhi CEO

Sexual Harassment Allegations Lead To Case Against Delhi CEO

Rediff.com8 May 2026

Delhi Police have registered a case against the CEO of a digital marketing firm following a sexual harassment complaint filed by a former intern.

Mumbai Police Uncover Mephedrone Lab, Seize Drugs Worth Crores

Mumbai Police Uncover Mephedrone Lab, Seize Drugs Worth Crores

Rediff.com27 May 2026

Mumbai Police's Anti-Narcotics Cell dismantled a mephedrone manufacturing lab in Agripada, seizing over 14 kg of the drug worth approximately Rs 50.74 crore and arresting three individuals.

Jeweller Shot, Store Robbed Of Rs 40 Lakh In Bihar's Gaya

Jeweller Shot, Store Robbed Of Rs 40 Lakh In Bihar's Gaya

Rediff.com28 May 2026

A jeweller was shot and robbed of ornaments worth Rs 40 lakh from his store in Bihar's Gaya district, police said. The incident has sparked protests in the area.

Inflation data and activities of foreign investors to drive markets

Inflation data and activities of foreign investors to drive markets

Rediff.com14 Dec 2025

WPI inflation data, trading activity of foreign investors and global cues would dictate trends in the stock market this week, analysts said.

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.

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

Rediff.com20 May 2026

State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com9 Jun 2026

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

Lagaan to Laapataa Ladies: Aamir Khan's 10 Best Productions

Lagaan to Laapataa Ladies: Aamir Khan's 10 Best Productions

Rediff.com17 Jun 2026

As Aamir Khan Productions celebrates 25 years, we rank the 10 best films produced by its star, from the iconic Lagaan to the recent critically-acclaimed Laapataa Ladies.

How Option Chain Analysis Can Predict Market Turns

How Option Chain Analysis Can Predict Market Turns

Rediff.com18 Nov 2025

Knowing this data will make it easier for traders to identify reversals and momentum swings. In this blog, we will explore how option chain analysis forecasts the market turns.

India fuel retailers face credit strain as high oil prices persist, says Fitch

India fuel retailers face credit strain as high oil prices persist, says Fitch

Rediff.com5 May 2026

Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.

Time To Choose Growth Over Rupee Fear

Time To Choose Growth Over Rupee Fear

Rediff.com11 Jun 2026

The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.

Man Held For Killing Wife After Drunken Fight In Jharkhand

Man Held For Killing Wife After Drunken Fight In Jharkhand

Rediff.com14 May 2026

A 35-year-old man was arrested for allegedly killing his wife after a drunken fight in Jharkhand's West Singhbhum district.

Cars24 Invests $20 Million In New AI Labs Initiative

Cars24 Invests $20 Million In New AI Labs Initiative

Rediff.com1 Jun 2026

Cars24 has announced the launch of its AI Labs, backed by a USD 20 million investment, to foster AI innovation and support startups in the field.

At No 4, VinFast Racing Towards Podium Finish in India EV Market

At No 4, VinFast Racing Towards Podium Finish in India EV Market

Rediff.com9 Feb 2026

Six months after its India debut, the Vietnamese automaker has overtaken established players such as Hyundai Motor, BMW, Kia, and Chinese EV major BYD.

Will AI Mania Provoke Market Meltdown?

Will AI Mania Provoke Market Meltdown?

Rediff.com10 Nov 2025

'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.

Stock markets end flat in highly volatile trade

Stock markets end flat in highly volatile trade

Rediff.com28 Nov 2025

Among Sensex firms, Power Grid, Eternal, Bharti Airtel, Axis Bank and Infosys were the biggest laggards. However, Mahindra & Mahindra, Sun Pharma, Kotak Mahindra Bank and State Bank of India were among the major gainers.

Kerala Man Arrested For Rs 1.19 Crore Online Trading Scam

Kerala Man Arrested For Rs 1.19 Crore Online Trading Scam

Rediff.com22 May 2026

A 47-year-old man from Palakkad has been arrested for allegedly cheating a Thiruvananthapuram resident of over Rs 1.19 crore in an online trading scam.

Delhi Police Busts Fake Industrial Bearings Manufacturing Unit

Delhi Police Busts Fake Industrial Bearings Manufacturing Unit

Rediff.com18 May 2026

Delhi Police busted two workshops in Farash Khana involved in manufacturing and selling counterfeit industrial bearings under the trademarks of reputed brands, arresting two individuals and seizing a large quantity of fake bearings and equipment.

Randeep Bhati Gang Associate Arrested After Three Years On The Run

Randeep Bhati Gang Associate Arrested After Three Years On The Run

Rediff.com31 May 2026

Delhi Police have arrested Anuj Choudhari, an associate of the Randeep Bhati gang, who was wanted in a murder case and had been absconding for nearly three years. He was apprehended in Ghazipur with illegal weapons and a stolen scooter.

Auto Sales Surge In Punjab, Gujarat

Auto Sales Surge In Punjab, Gujarat

Rediff.com21 May 2026

About 181,750 units were sold in FY26 in Punjab, marking a 16.29 per cent year-on-year increase.

Trump praises Modi, says India 'took advantage' of US policies

Trump praises Modi, says India 'took advantage' of US policies

Rediff.com5 Jun 2026

Responding to a question on the trade deal being negotiated between the two countries, Trump said India had taken advantage of US policies for years and charged tremendous tariffs.

As US helicopter crashes near Hormuz, Trump predicts 'total victory' over Iran

As US helicopter crashes near Hormuz, Trump predicts 'total victory' over Iran

Rediff.com9 Jun 2026

A US military Apache attack helicopter crashed near the Strait of Hormuz, with its crew successfully rescued, as US President Donald Trump confidently declared an imminent 'total victory' over Iran within two weeks and a new nuclear deal, despite ongoing regional volatility and a recent de-escalation between Iran and Israel.

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rediff.com15 May 2026

The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.

Will SpaceX IPO make Elon Musk the world's first trillionaire?

Will SpaceX IPO make Elon Musk the world's first trillionaire?

Rediff.com21 May 2026

Elon Musk, already the world's richest person, may soon become the first trillionaire as his space and AI company, SpaceX, prepares for a public listing. The IPO is expected to be the largest ever, surpassing Aramco's 2020 listing, but recent filings reveal a challenging financial picture for SpaceX.

DRI Busts Ivory Trafficking Ring In Mysuru

DRI Busts Ivory Trafficking Ring In Mysuru

Rediff.com27 May 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a wildlife trafficking syndicate involved in the illegal trade of Indian elephant tusks (ivory) in Mysuru, leading to the seizure of 4.058 kg of tusks and the apprehension of three individuals.

World Bank Chief Advocates 'Small AI' For Farmers

World Bank Chief Advocates 'Small AI' For Farmers

Rediff.com22 May 2026

World Bank President Ajay Banga has advocated for the deployment of 'Small AI' locally deployed artificial intelligence running on inexpensive hardware to address daily problems faced by farmers and rural communities in emerging markets.

BJP Must Be Wary About Inducting Fleeing TMC Leaders

BJP Must Be Wary About Inducting Fleeing TMC Leaders

Rediff.com11 Jun 2026

Both the political executive in New Delhi and the newly elected political dispensation in Kolkata must be careful to ensure that their image is not tarnished by induction of undesirable elements in the name of political expediency, asserts Vice Admiral Biswajit Dasgupta (retd).

IdeaForge, DMP Join Hands To Develop Next-Gen AI Drones

IdeaForge, DMP Join Hands To Develop Next-Gen AI Drones

Rediff.com28 Apr 2026

IdeaForge Technology Ltd has announced a partnership with Digital Media Professionals Inc. (DMP) to develop next-generation AI drones, aiming to enhance autonomous capabilities and expand into the Japanese market.