News for 'RS 2'

Sensex sinks 504 points amid weak global trends

Sensex sinks 504 points amid weak global trends

Rediff.com5 Feb 2026

Benchmark indices Sensex and Nifty ended lower on Thursday, snapping a three-day rally, amid a weak trend in global stock markets.

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Rediff.com1 Feb 2026

India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.

ICICI Bank gets Rs 238 cr GST demand notice

ICICI Bank gets Rs 238 cr GST demand notice

Rediff.com18 Dec 2025

ICICI Bank on Thursday said tax authorities have slapped a demand notice of Rs 238 crore on it for alleged short payment of GST.

Apple hits record 28% value share in India

Apple hits record 28% value share in India

Rediff.com2 Feb 2026

Tech giant Apple has recorded its highest-ever value share of 28 per cent in the Indian smartphone market, driven by a surging "premiumisation" trend where consumers are increasingly opting for high-end devices, according to a report by Counterpoint Research.

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.

Oyo-parent Prism files IPO papers with Sebi; eyes Rs 6,650 cr via issue

Oyo-parent Prism files IPO papers with Sebi; eyes Rs 6,650 cr via issue

Rediff.com31 Dec 2025

Prism, the parent firm of global travel tech unicorn Oyo, has filed preliminary papers with market regulator Sebi to raise Rs 6,650 crore through an initial public offering (IPO) using a confidential route, people familiar with the development said on Wednesday.

Advice For Investors: How To Handle Bull Market Traps, Invest In Gold

Advice For Investors: How To Handle Bull Market Traps, Invest In Gold

Rediff.com10 Feb 2026

'People become guided by emotions, fear of missing out, and greed. They tend to invest in booming sectors that may prove exceptionally expensive.' 'Typically, that represents the peak, and subsequently, they lose substantially.'

Poet Munawwar Rana's daughter alleges triple talaq

Poet Munawwar Rana's daughter alleges triple talaq

Rediff.com5 Feb 2026

Hiba Rana, daughter of poet Munawwar Rana, has filed a case against her husband alleging triple talaq, dowry harassment, and assault. The FIR details years of alleged abuse and demands for dowry.

'Will Surrendering Pension Policy Attract Tax?'

'Will Surrendering Pension Policy Attract Tax?'

Rediff.com9 Feb 2026

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

UltraTech Cement gets Rs 782.2 crore GST notice

UltraTech Cement gets Rs 782.2 crore GST notice

Rediff.com20 Dec 2025

UltraTech Cement on Saturday said it has received a GST demand notice for a total payment of Rs 782.2 crore, which it plans to contest before the appropriate forum.

Sensex reclaims 84K-mark; Nifty ends up 174 points

Sensex reclaims 84K-mark; Nifty ends up 174 points

Rediff.com9 Feb 2026

Benchmark equity indices Sensex and Nifty extended their gains for the second straight session on Monday, driven by optimism over the India-US trade deal and robust buying in public sector banks, consumer durables, and realty stocks.

Man poses as 'Justice Chandrachud', dupes woman of Rs 3.7 crore

Man poses as 'Justice Chandrachud', dupes woman of Rs 3.7 crore

Rediff.com29 Dec 2025

A man was arrested in Gujarat for allegedly receiving a significant portion of Rs 3.71 crore siphoned off from a Mumbai woman in a 'digital arrest' scam. The cybercriminals impersonated law enforcement and court officials, staging a fake online hearing to deceive the victim.

Baghel's son got Rs 250 cr in liquor 'scam': Chargesheet

Baghel's son got Rs 250 cr in liquor 'scam': Chargesheet

Rediff.com22 Dec 2025

The Anti-Corruption Bureau/Economic Offence Wing (ACB/EOW) has claimed in its chargesheet that Chaitanya, son of former Chhattisgarh Chief Minister Bhupesh Baghel, received Rs 200 crore to Rs 250 crore as his share from an alleged liquor scam in the state.

Union Budget 2026: Fiscal deficit target set at 4.3%

Union Budget 2026: Fiscal deficit target set at 4.3%

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.3% of GDP for FY27, continuing the path of fiscal consolidation. The government aims to reduce the debt-to-GDP ratio to 55.6% by BE 2026-27 and further to around 50% by March 2031.

How stock markets will fare on this Budget Day

How stock markets will fare on this Budget Day

Rediff.com1 Feb 2026

Bharat Electronics, Power Grid, NTPC and HDFC Bank were among the other major gainers. However, Infosys, Tata Steel, Eternal and Tech Mahindra were among the laggards.

The Worry Behind Sam Altman's Rs 4.6-Crore Job Offer

The Worry Behind Sam Altman's Rs 4.6-Crore Job Offer

Rediff.com30 Dec 2025

By publicly attaching such a large sum to this job, OpenAI is telling the world that fears of rogue-AI has entered the boardroom

Strong order book, outlook to support defence stocks

Strong order book, outlook to support defence stocks

Rediff.com26 Jan 2026

The Defence Acquisition Council (DAC) has recently approved procurement proposals worth Rs 79,000 crore across three services and it has cleared AoN (Acceptance of Necessity) of Rs 3.3 trillion in financial year 2026 (FY26).

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

Mumbai, Ideal Venue To Kick Off T20 World Cup

Mumbai, Ideal Venue To Kick Off T20 World Cup

Rediff.com7 Feb 2026

Indian cricket is entering the T20 World Cup inspired not just by its legends, but by a fearless new generation that is already winning World Cups.

Their Dreams Died With Pinky On The Tarmac At Baramati

Their Dreams Died With Pinky On The Tarmac At Baramati

Rediff.com9 Feb 2026

It isn't easy for a girl from Gopal Nagar to chase a dream. But Pinky was extremely determined. A force unto herself, she was going to go places. Literally. Till it abruptly ended one morning on the tarmac at Baramati airport.

India emerges as global leader in IPOs: Economic Survey

India emerges as global leader in IPOs: Economic Survey

Rediff.com30 Jan 2026

The country's primary capital markets delivered a robust performance in FY26, emerging as a global leader in initial public offerings (IPOs) despite an uncertain environment, the Economic Survey said on Thursday.

Healthcare Funds: Caution Advised

Healthcare Funds: Caution Advised

Rediff.com12 Feb 2026

Most first-time investors may be better served by diversified options such as flexicap or multi-cap funds, which already hold pharma and healthcare stocks.

Smallcap Funds Play Safe, Limit Bets Beyond Top 1,000 Stocks

Smallcap Funds Play Safe, Limit Bets Beyond Top 1,000 Stocks

Rediff.com27 Jan 2026

Companies in the lower mcap deciles have recorded the fastest growth in median mcap.

T20 World Cup: India match no-show could cost Pakistan millions

T20 World Cup: India match no-show could cost Pakistan millions

Rediff.com1 Feb 2026

The International Cricket Council is set to take a slew of punitive actions against Pakistan in the wake of their government's decision to boycott the T20 World Cup match against India, including a possible ban from the upcoming edition of the marquee event.

Heavy sell-off in IT counters; Sensex ends up 79 points

Heavy sell-off in IT counters; Sensex ends up 79 points

Rediff.com4 Feb 2026

Benchmark indices Sensex and Nifty ended marginally higher on Wednesday as a sharp decline in IT blue-chip stocks restricted the rally in the markets.

SIP inflows top Rs 3 trn in 2025 for first time as investors stay steady

SIP inflows top Rs 3 trn in 2025 for first time as investors stay steady

Rediff.com27 Dec 2025

Inflows into mutual fund (MF) schemes via systematic investment plans (SIPs) have topped Rs 3 trillion for the first time in a calendar year, as investors increasingly rely on the staggered investment route amid market volatility.

India Tops Global Nipah Fatality Rate

India Tops Global Nipah Fatality Rate

Rediff.com2 Feb 2026

India has the world's highest Nipah fatality-case ratio at 72 per cent -- reported during 2001-2025.

Budget 2026: 7 new high-speed rail corridors announced

Budget 2026: 7 new high-speed rail corridors announced

Rediff.com1 Feb 2026

Two dedicated freight corridors -- Eastern and Western -- are in operation covering several states and districts.

Rupee ends flat at 90.66 against US dollar

Rupee ends flat at 90.66 against US dollar

Rediff.com9 Feb 2026

The rupee witnessed a volatile trading session and settled for the day on a slightly lower note, down 1 paisa at 90.66 against the US dollar on Monday, as traders assessed the details of the India-US interim trade framework.

Centre to retain states' tax share at 41% for next five years

Centre to retain states' tax share at 41% for next five years

Rediff.com1 Feb 2026

The 16th Finance Commission, led by Arvind Panagariya, has recommended maintaining the states' share in central taxes at 41% for the five-year period starting April 1, 2026. The government has accepted this recommendation, with Rs 1.4 lakh crore allocated to states for FY 2026-27 as Finance Commission Grants.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

New labour Codes raise operating expenses of pvt banks, insurers

New labour Codes raise operating expenses of pvt banks, insurers

Rediff.com26 Jan 2026

The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.

Ba***ds of Bollywood: Sameer Wankhede allowed to sue makers in Mumbai

Ba***ds of Bollywood: Sameer Wankhede allowed to sue makers in Mumbai

Rediff.com3 Feb 2026

The Delhi High Court has permitted IRS officer Sameer Wankhede to move a court in Mumbai with his defamation lawsuit against Shah Rukh Khan's Red Chillies Entertainment over the web series "The Ba***ds of Bollywood."

Govt nods VIL package; freezes AGR dues at Rs 87,695 cr

Govt nods VIL package; freezes AGR dues at Rs 87,695 cr

Rediff.com31 Dec 2025

The Union Cabinet on Wednesday approved a relief package for debt-laden Vodafone Idea, freezing the AGR (Adjusted Gross Revenue) dues at Rs 87,695 crore and rescheduling the payment from FY32 to FY41, according to sources.

Why Green Won't Get More Than Rs 18 Cr

Why Green Won't Get More Than Rs 18 Cr

Rediff.com16 Dec 2025

Cameron Green is tipped to surpass fellow-Australian Mitchell Starc (Rs 24.75 crore) and command the highest price by an overseas player but he won't take home more than Rs 18 crore.

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Rediff.com29 Jan 2026

The domestic cigarette industry is expected to see a 6-8 per cent volume contraction next fiscal following the imposition of additional excise duties and increase in goods and services tax (GST) rates from February 1, Crisil Ratings said on Wednesday.

Net direct tax mop up grows 8% to Rs 17 lakh cr

Net direct tax mop up grows 8% to Rs 17 lakh cr

Rediff.com19 Dec 2025

Net direct tax collection grew 8 per cent to over Rs 17.04 lakh crore this fiscal till December 17 on slower refunds and higher advance taxes from corporates, the income tax department data showed on Friday.

Markets cheer India-US trade deal: Sensex jumped over 3K points

Markets cheer India-US trade deal: Sensex jumped over 3K points

Rediff.com3 Feb 2026

Stock market benchmark indices Sensex and Nifty surged in early trading session on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from current 25 per cent.

Rs 1-2 Crore Buys That May Decide IPL 2026

Rs 1-2 Crore Buys That May Decide IPL 2026

Rediff.com17 Dec 2025

While big buys grabbed attention, several franchises quietly walked away with proven performers at throwaway prices -- the kind of signings that often make the difference between mid-table finishes and title runs.

Budget 2026 lays blueprint for a future-ready digital ecosystem

Budget 2026 lays blueprint for a future-ready digital ecosystem

Rediff.com9 Feb 2026

Budget 2026 is an intentional and ambitious one - From manufacturing growth to services supremacy, from technology consumption to AI-powered transformation. This is the blueprint for a $7 trillion economy built on intelligence, not just scale.