News for 'Markets and Markets'

Delhi Police Busts Fake Mobile Accessories Racket

Delhi Police Busts Fake Mobile Accessories Racket

Rediff.com10 May 2026

Delhi Police dismantled a counterfeit mobile phone accessories manufacturing and packaging operation in central and west Delhi, arresting two individuals involved in selling fake products under well-known brand names.

9 Unmissable Ahmedabad Experiences

9 Unmissable Ahmedabad Experiences

Rediff.com29 May 2026

Here's how to explore Ahmedabad like a local...

Telangana Official Booked In Disproportionate Assets Case

Telangana Official Booked In Disproportionate Assets Case

Rediff.com22 May 2026

A government official in Telangana is under investigation for allegedly acquiring assets through corrupt practices. The Anti Corruption Bureau (ACB) conducted searches at multiple locations and found significant property documents, cash, and gold ornaments.

Affordable housing may lose more ground as costs rise

Affordable housing may lose more ground as costs rise

Rediff.com5 May 2026

The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

Sunil Rao To Lead Roblox's India Operations

Sunil Rao To Lead Roblox's India Operations

Rediff.com30 Apr 2026

Gaming company Roblox has appointed Sunil Rao, a former Amazon Web Services executive, as Managing Director for its India operations. Rao will oversee Roblox India's strategy, working with local teams and partners to strengthen the company's presence and support the creator ecosystem.

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Rediff.com4 Jun 2026

Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".

Petrol, diesel price hiked for 3rd time in 10 days

Petrol, diesel price hiked for 3rd time in 10 days

Rediff.com23 May 2026

Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.

20 Kg Charas Seized Off Gujarat's Kutch Coast

20 Kg Charas Seized Off Gujarat's Kutch Coast

Rediff.com13 May 2026

Police in Gujarat's Kutch district seized 20 packets of charas, each weighing one kilogram, from an island off the Jakhau port. The contraband is estimated to be worth Rs 2.5 lakh per kilogram in the international market.

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Rediff.com1 Feb 2026

Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.

Marijuana Worth Over Rs 24 Crore Seized At Delhi Airport

Marijuana Worth Over Rs 24 Crore Seized At Delhi Airport

Rediff.com7 May 2026

Customs officials at Delhi's Indira Gandhi International Airport seized over 24 kg of suspected marijuana, valued at over Rs 24 crore, in three separate cases involving passengers arriving from Bangkok.

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.

How Krutrim Became India's First AI Unicorn

How Krutrim Became India's First AI Unicorn

Rediff.com5 May 2026

Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.

Gurugram Fruit Trader Killed After Vehicle Dispute

Gurugram Fruit Trader Killed After Vehicle Dispute

Rediff.com24 May 2026

A fruit trader in Gurugram was allegedly stabbed to death following a dispute over a parked vehicle at Khandsa Mandi, with CCTV footage capturing the incident.

Rs 48 Crore Hydroponic Weed Seized At Delhi Airport

Rs 48 Crore Hydroponic Weed Seized At Delhi Airport

Rediff.com23 May 2026

Customs officials at Delhi's Indira Gandhi International Airport seized approximately Rs 48 crore worth of hydroponic weed from two Thai nationals arriving from Bangkok.

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Rediff.com28 May 2026

Bajaj Finserv announced a strategic initiative to invest up to Rs 2,000 crore in artificial intelligence and technology-led startups over the next five years, along with a collaboration with IIT-Bombay for joint research.

After 10-days, amputated arm of ITBP jawan's mother sent for testing

After 10-days, amputated arm of ITBP jawan's mother sent for testing

Rediff.com2 Jun 2026

The amputated right arm of an Indo-Tibetan Border Police (ITBP) jawan's mother has been deposited at a medical college for examination after a 10-day deadlock between police and health authorities. The case has sparked outrage and an investigation into alleged medical negligence.

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

Rediff.com1 May 2026

Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.

Illegal Liquor Worth Lakhs Seized; Smuggler Arrested

Illegal Liquor Worth Lakhs Seized; Smuggler Arrested

Rediff.com20 May 2026

Police in Deoria, Uttar Pradesh, seized illegal liquor worth Rs 5.14 lakh from a pickup vehicle and arrested one alleged smuggler during a checking drive.

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Rediff.com22 May 2026

Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.

Amputated Arm Of ITBP Jawan's Mother Sent For Examination: Here's Why

Amputated Arm Of ITBP Jawan's Mother Sent For Examination: Here's Why

Rediff.com1 Jun 2026

The amputated arm of an ITBP jawan's mother, which was stored at a police station after a hospital allegedly handed it to the family, has been sent for examination as part of a medical negligence investigation in Uttar Pradesh.

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Rediff.com21 Apr 2026

Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.

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.

Why ServiceNow Sees India As A Major Growth Engine

Why ServiceNow Sees India As A Major Growth Engine

Rediff.com6 May 2026

ServiceNow, a leading AI platform for business transformation, is highly optimistic about its growth prospects in the Indian market, according to President and Chief Product Officer Amit Zavery.

Man Killed In Delhi's Shastri Park Over Alleged Enmity

Man Killed In Delhi's Shastri Park Over Alleged Enmity

Rediff.com7 May 2026

A 50-year-old man was stabbed to death in northeast Delhi's Shastri Park area on Thursday over an alleged old enmity. Police have arrested the accused, identified as Mohsin.

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Rediff.com27 May 2026

Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.

Delhi Woman, Son Killed In Suspected Robbery

Delhi Woman, Son Killed In Suspected Robbery

Rediff.com21 May 2026

A 38-year-old woman and her 13-year-old son were found murdered in their home in Delhi's Govindpuri area. Police suspect robbery as the motive.

Yield-Generating Instruments Attract Investors as IPO Activity Dips

Yield-Generating Instruments Attract Investors as IPO Activity Dips

Rediff.com29 Apr 2026

Yield-generating instruments like Infrastructure Investment Trusts (Invits), Real Estate Investment Trusts (Reits), and Non-Convertible Debentures (NCDs) are witnessing a surge in investor interest, contrasting with a notable slowdown in the equity primary market, which saw only one IPO in April.

Why Paytm Is Not Pursuing An NBFC Licence

Why Paytm Is Not Pursuing An NBFC Licence

Rediff.com7 May 2026

Fintech giant One97 Communications, which operates Paytm, has decided against applying for a Non-Banking Financial Company (NBFC) licence, favouring its existing partnership model.

Drug Smuggler Nabbed With Heroin Worth Over Rs 1 Crore

Drug Smuggler Nabbed With Heroin Worth Over Rs 1 Crore

Rediff.com19 May 2026

Police in Pratapgarh district, in a joint operation with the Anti-Narcotics Task Force (ANTF) Prayagraj unit, arrested a drug smuggler and recovered 503.6 grams of heroin valued at over Rs 1 crore.

How Delhi Police Cracked An IPhone Snatching Ring

How Delhi Police Cracked An IPhone Snatching Ring

Rediff.com14 May 2026

Delhi Police have arrested three individuals involved in a mobile phone snatching and disposal racket, primarily targeting iPhone users. The operation led to the recovery of 66 stolen mobile phones and exposed a network involved in selling stolen devices in grey markets.

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rediff.com5 May 2026

The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.

How Delhi Police Cracked An IPhone Snatching Ring

How Delhi Police Cracked An IPhone Snatching Ring

Rediff.com14 May 2026

Delhi Police have arrested three individuals involved in a mobile phone snatching and disposal racket, primarily targeting iPhone users. The operation led to the recovery of 66 stolen mobile phones and exposed a network involved in selling stolen devices in grey markets.

Thai Nationals Held With Rs 48 Cr Weed At Delhi Airport

Thai Nationals Held With Rs 48 Cr Weed At Delhi Airport

Rediff.com23 May 2026

Customs officials at Delhi's IGI Airport seized suspected hydroponic weed worth approximately Rs 48 crore from two Thai nationals arriving from Bangkok.

How Fuel Price Hikes Are Impacting Kerala's Economy

How Fuel Price Hikes Are Impacting Kerala's Economy

Rediff.com27 May 2026

Kerala is facing increased inflationary pressure due to recent hikes in petrol and diesel prices, according to Chief Minister V D Satheesan. The state's economy is also impacted by the decline in remittances from the Gulf and higher oil prices.

Bakrid Tensions Flare In Mira Road Housing Society

Bakrid Tensions Flare In Mira Road Housing Society

Rediff.com27 May 2026

A dispute over the alleged construction of a temporary shed and the tying of sacrificial goats ahead of Bakrid triggered tensions at a housing society in Mira Road, Thane district, Maharashtra, leading to police intervention and protests.

Maruti Suzuki discontinues Ignis hatchback amid weak sales, supply woes hit S-Presso and WagonR

Maruti Suzuki discontinues Ignis hatchback amid weak sales, supply woes hit S-Presso and WagonR

Rediff.com30 Apr 2026

Maruti Suzuki has discontinued its Ignis hatchback due to weak sales and a shift towards SUVs, while simultaneously facing supply chain issues for its popular S-Presso and WagonR models, leading to booking halts at some dealerships.

Stock markets surge nearly 1% on last trading session of 2025

Stock markets surge nearly 1% on last trading session of 2025

Rediff.com31 Dec 2025

From the 30-Sensex firms, Tata Steel, Kotak Mahindra Bank, Reliance Industries, Axis Bank, Titan and Trent were among the biggest gainers. However, Tata Consultancy Services, Tech Mahindra, Infosys, Bajaj Finance and Sun Pharma, were the laggards.

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Rediff.com8 May 2026

Hyundai Motor India Ltd reported a 22.22 per cent decline in consolidated profit after tax to Rs 1,255.63 crore in the March quarter, primarily due to higher expenses, despite an increase in total revenue from operations.