News for 'New Market'

Rs 1,200-cr TN secretariat project hits hurdle amid Oppn, fisherfolk protest

Rs 1,200-cr TN secretariat project hits hurdle amid Oppn, fisherfolk protest

Rediff.com11 Sep 2026

A proposed Rs 1,200 crore Secretariat-Assembly complex in Pattinapakkam, Chennai, has ignited significant opposition from local fishing communities and various political parties. Residents fear displacement, loss of livelihood, and environmental damage, citing ancestral rights and broken promises. Political leaders across the spectrum are urging Chief Minister C Joseph Vijay to reconsider the site, highlighting concerns about ecological impact, traffic, and financial priorities.

Indian Enterprises Boost AI Investment But Face Governance Challenges

Indian Enterprises Boost AI Investment But Face Governance Challenges

Rediff.com8 Sep 2026

A new report reveals that enterprise AI investment in India has surged by 119 per cent, exceeding the global average. However, only 22 per cent of Indian organisations have established adequate governance frameworks, creating a significant gap between rapid deployment and safe, scalable AI adoption. This lack of governance impacts operational depth and raises concerns about transparency, regulation, and data privacy.

BRICS Summit: India's Dollar Dilemma

BRICS Summit: India's Dollar Dilemma

Rediff.com12 Sep 2026

The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.

'Nobody Looks At Clothes As Waste'

'Nobody Looks At Clothes As Waste'

Rediff.com11 Sep 2026

'You can't be selfish when you're thinking about nature. It has to be good karma.' 'If we prevent textile waste from going to the landfills, it's good karma.'

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Rediff.com11 Sep 2026

Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.

FPIs inject Rs 30,919 crore into Indian equities, extending buying streak

FPIs inject Rs 30,919 crore into Indian equities, extending buying streak

Rediff.com30 Aug 2026

Foreign portfolio investors (FPIs) have injected Rs 30,919 crore into Indian equities in August, marking their second consecutive month of net buying. This follows a Rs 20,200 crore investment in July, indicating a potential reversal after four months of significant outflows, driven by improving corporate earnings, resilient economic activity, and a stable rupee.

Ketan Parekh's bid to cross-examine Capital Group traders rejected by SAT

Ketan Parekh's bid to cross-examine Capital Group traders rejected by SAT

Rediff.com25 Aug 2026

The Securities Appellate Tribunal (SAT) has dismissed Ketan Parekh's appeal challenging Sebi's denial of his request to cross-examine two traders from Capital Group, related to an alleged front-running scheme.

Indian-origin engineer couple donates $20 mn to US varsity for AI college

Indian-origin engineer couple donates $20 mn to US varsity for AI college

Rediff.com10 Sep 2026

An Indian-origin engineer couple, Anuradha and Vikas Sinha, have donated $20 million to the University of North Texas (UNT) to establish the Anuradha and Vikas Sinha College of Artificial Intelligence and Advanced Analytics. This significant gift aims to create new opportunities for students and faculty, focusing on building and deploying intelligent systems and understanding their operation within human contexts. The donation underscores the couple's belief in education and immigrant contributions to the American dream, supporting leadership, scholarships, professorships, research, and entrepreneurship.

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Rediff.com23 Aug 2026

Foreign Portfolio Investors (FPIs) have significantly increased their investment in Indian equities, infusing Rs 23,544 crore in August, driven by improving quarterly earnings, a stable rupee, and positive market prospects.

Box Office: Mirzapur: The Movie Is A Blockbuster

Box Office: Mirzapur: The Movie Is A Blockbuster

Rediff.com7 Sep 2026

Mirzapur: The Movie has achieved a superhit opening weekend, demonstrating potential to join the Rs 200 crore club, despite being an experimental film adapted from an OTT series without conventional star power.

RBI's concessional swap schemes fail to boost rupee despite large forex inflows

RBI's concessional swap schemes fail to boost rupee despite large forex inflows

Rediff.com24 Aug 2026

Despite large inflows of foreign funds mobilised through the Reserve Bank of India's (RBI's) concessional swap schemes, the rupee has seen little impact because the dollars have largely been absorbed into the central bank's reserves instead of being released into the spot market, according to market participants.

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

Rediff.com7 Sep 2026

'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'

India's AI Professionals Redefine Workflows, Outpacing Global Peers

India's AI Professionals Redefine Workflows, Outpacing Global Peers

Rediff.com3 Sep 2026

A Microsoft Work Trend Index report reveals India has the highest share of "Frontier Professionals" globally, with 32% of its AI users employing AI agents in multi-step workflows, double the global average. Indian professionals are not just adopting AI but are actively redesigning work processes, demonstrating strong leadership alignment and a focus on human oversight and critical thinking. Major Indian IT firms like Infosys, TCS, and Wipro show rapid adoption and significant productivity gains with Microsoft 365 Copilot.

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com7 Sep 2026

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

Wars, tariffs test BRICS unity as leaders gather in Delhi

Wars, tariffs test BRICS unity as leaders gather in Delhi

Rediff.com11 Sep 2026

The BRICS summit in New Delhi brings together leaders from major emerging economies to address global challenges like trade disputes, geopolitical upheavals, and the economic impact of conflicts in Ukraine and West Asia. India, as chair, aims to position BRICS as an economic growth engine, focusing on the Global South's food, energy, and supply chain security. The summit also highlights the grouping's expansion and its growing influence in global governance.

Should You Invest In Balanced Hybrid Funds?

Should You Invest In Balanced Hybrid Funds?

Rediff.com27 Aug 2026

'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'

'You Can Spend 300 Cr, But You Can't Buy Audience Love'

'You Can Spend 300 Cr, But You Can't Buy Audience Love'

Rediff.com5 Sep 2026

'Hanuman Ansh has demonstrated that content is king, and the audience is the ultimate judge.'

US, EU flag India's 'trade barriers' at WTO, citing high tariffs, QCOs, and digital trade curbs

US, EU flag India's 'trade barriers' at WTO, citing high tariffs, QCOs, and digital trade curbs

Rediff.com10 Sep 2026

The United States and the European Union have strongly criticised India's trade policies at the World Trade Organization review, highlighting concerns over high tariffs, quality-control orders (QCOs), and restrictions on digital trade and services, which they argue undermine India's economic openness.

'Sugar Prices Have Begun To Ease'

'Sugar Prices Have Begun To Ease'

Rediff.com1 Sep 2026

'With factories starting early for the next season, fresh sugar will enter market 10-15 days earlier than usual, and sugar price are expected to remain affordable in near term.'

Ather Bets Big On Konarc, Supply Crunch To Continue

Ather Bets Big On Konarc, Supply Crunch To Continue

Rediff.com1 Sep 2026

With Konarc, the company has moved deeper into the mass-market e2W segment.

Premiumisation to fuel 8-11% residential sales value growth in top 7 cities by FY27: Icra

Premiumisation to fuel 8-11% residential sales value growth in top 7 cities by FY27: Icra

Rediff.com27 Aug 2026

Icra predicts that the top seven Indian cities will see an 8-11 per cent year-on-year growth in housing sales value by FY27, reaching approximately 7.9 trillion, primarily driven by the ongoing trend of premiumisation and a favourable product mix.

Who Should Avoid F&O Trading?

Who Should Avoid F&O Trading?

Rediff.com28 Aug 2026

Futures and options (F&O) trading suits investors with good market knowledge, sufficient risk capital, a tested strategy and strong discipline.

AI Salaries Jump 22% In 2 Years

AI Salaries Jump 22% In 2 Years

Rediff.com3 Sep 2026

'Companies are getting selective about what they pay a premium for.'

India's Economy Outperforms Expectations With 7.8% Growth

India's Economy Outperforms Expectations With 7.8% Growth

Rediff.com31 Aug 2026

India's economy recorded a robust 7.8 per cent growth in the April-June quarter of fiscal year 2026-27, surpassing both market expectations and the Reserve Bank of India's forecast. This strong performance positions India as the world's fastest-growing major economy, demonstrating resilience despite global economic uncertainties and geopolitical tensions, including the conflict in Iran. The Ministry of Statistics and Programme Implementation highlighted the sustained growth momentum amidst global headwinds.

'If Inflation Persists, MPC May Review Policy Rates'

'If Inflation Persists, MPC May Review Policy Rates'

Rediff.com2 Sep 2026

'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'

Sebi to widen AI surveillance net to detect financial misstatements

Sebi to widen AI surveillance net to detect financial misstatements

Rediff.com25 Aug 2026

The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.

What Will The iPhone Duo, Apple's First Foldable Phone, Cost In India?

What Will The iPhone Duo, Apple's First Foldable Phone, Cost In India?

Rediff.com10 Sep 2026

While the iPhone Duo grabbed the spotlight at Apple's September event, the biggest takeaway is how the company's hardware, software and AI are becoming more closely connected across its entire lineup.

July 8 Market Crash: 'Volatility Is Best Friend Of Investor'

July 8 Market Crash: 'Volatility Is Best Friend Of Investor'

Rediff.com9 Jul 2026

'Buy on dips, buy on dips and sell on rise.'

Chitra Core: India's New Coronary Stent Promises Safer Cardiac Care

Chitra Core: India's New Coronary Stent Promises Safer Cardiac Care

Rediff.com1 Sep 2026

SCTIMST and Invasive Technologies have launched "Chitra Core," a new drug-eluting coronary stent designed with significantly less metal to reduce complications. This indigenous innovation, developed in collaboration, aims to provide advanced and cost-effective cardiac care, building on decades of Indian medical device development. The institute is also developing a unique TiN-coated stent for global markets.

Fuel-efficiency tool for trucks may be ready by Dec, launch likely in Feb

Fuel-efficiency tool for trucks may be ready by Dec, launch likely in Feb

Rediff.com4 Sep 2026

India is set to launch Bharat Vecto, its first certification tool for assessing the fuel efficiency and CO2 emissions of medium and heavy commercial vehicles, by December, with a full launch targeted for the Bharat Mobility Global Expo in February 2027.

India's Forex Kitty Soars to New All-Time High of $740.8 Billion

India's Forex Kitty Soars to New All-Time High of $740.8 Billion

Rediff.com4 Sep 2026

India's foreign exchange reserves surged by USD 11.475 billion to a new record high of USD 740.803 billion for the week ended August 28, driven by the RBI's concessional forex swap initiatives.

Sensex, Nifty Recover Losses as Crude Oil Drops Below $90 a Barrel

Sensex, Nifty Recover Losses as Crude Oil Drops Below $90 a Barrel

Rediff.com25 Aug 2026

Indian benchmark indices, Sensex and Nifty, recovered intraday losses to close higher, driven by late-day buying and a significant decline in Brent crude oil prices, which fell 3 per cent to USD 89.32 per barrel.

Coforge Chairman O P Bhatt Resigns Amidst Board Evaluation Report Controversy

Coforge Chairman O P Bhatt Resigns Amidst Board Evaluation Report Controversy

Rediff.com9 Sep 2026

Coforge Chairman O P Bhatt has abruptly resigned from the IT firm after an internal audit raised concerns over the handling and presentation of a 'board evaluation report' to the board, with the company asserting the move will not impact its financial or operational performance.

'How Can You Grow At 7% With These Rates Of Private Investment?'

'How Can You Grow At 7% With These Rates Of Private Investment?'

Rediff.com2 Sep 2026

'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'

Putin to brief Modi on Ukraine war at New Delhi summit

Putin to brief Modi on Ukraine war at New Delhi summit

Rediff.com9 Sep 2026

Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.

Ladakhis get rights over barren land, relief for thousands

Ladakhis get rights over barren land, relief for thousands

Rediff.com4 Sep 2026

Ladakh Lieutenant Governor Vinai Kumar Saxena has approved new rules for the regularisation of 'nautor lands', granting proprietary rights to eligible landholders. This move aims to resolve a long-pending issue, provide legal certainty, and allow land to be used as a financial asset for thousands of residents in the Union Territory.

Ganpati Pandal Insurance Demand Surges

Ganpati Pandal Insurance Demand Surges

Rediff.com7 Sep 2026

Oriental Insurance has insured around 100 Ganesh pandals this year compared with only 20-30 last year.

How Cloud And AI Can Propel India's Economic Growth

How Cloud And AI Can Propel India's Economic Growth

Rediff.com7 Sep 2026

Arundhati Bhattacharyya, Salesforce President and CEO for South Asia, highlighted how cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in the technology revolution. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs by addressing unmet business demands and could significantly boost India's GDP, with NITI Aayog estimating a USD 500-600 billion addition by 2035. She urged Indian businesses to transform using technology, focus on data, redesign work, and invest in skills, stressing that AI is not just for large corporations.

Smallcap funds ride MF retail wave, SIP assets up five-fold in five years

Smallcap funds ride MF retail wave, SIP assets up five-fold in five years

Rediff.com31 Aug 2026

Smallcap funds have emerged as the primary beneficiaries of the systematic investment plan (SIP) wave in Indian mutual funds over the past five years, with their SIP assets surging to approximately 1.83 trillion by March 2026, a fivefold increase.

Gold Rally: Should Investors Buy Now?

Gold Rally: Should Investors Buy Now?

Rediff.com31 Aug 2026

Investors should cap gold allocation at 10-15 per cent and consider staggered purchases through gold ETFs.