News for 'Sector 18'

Industrial Production Growth Slows to 5-Month Low in March Amid West Asia Crisis

Industrial Production Growth Slows to 5-Month Low in March Amid West Asia Crisis

Rediff.com28 Apr 2026

India's industrial production growth decelerated to a five-month low of 4.1 per cent in March, primarily due to the subdued performance of the manufacturing and power sectors, exacerbated by the West Asia crisis.

Gang Shooter Killed In Gurugram Police Encounter In Haryana

Gang Shooter Killed In Gurugram Police Encounter In Haryana

Rediff.com11 May 2026

An alleged shooter from gangster Deepak Nandal's gang was killed, and another was injured, in an encounter with Gurugram police. The shooters were arrested in Punjab for firing at the house of singer Rahul Fazilpuria's event organiser.

Gurugram: Violence Erupts Over Garbage Collection, Several Injured

Gurugram: Violence Erupts Over Garbage Collection, Several Injured

Rediff.com8 May 2026

A violent clash erupted between two groups in Gurugram over the removal of plastic from a Municipal Corporation garbage yard, resulting in several injuries, including a gunshot wound.

CII urges govt to phase out fuel excise cut

CII urges govt to phase out fuel excise cut

Rediff.com11 May 2026

The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Rediff.com10 May 2026

Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.

Rs 3000 cr cap on nuclear liability: Very sensitive legislative policy issue, says SC

Rs 3000 cr cap on nuclear liability: Very sensitive legislative policy issue, says SC

Rediff.com2 days ago

The Supreme Court is reviewing a plea challenging the 2025 SHANTI Act, which caps liability at Rs 3,000 crore for nuclear plant incidents, raising concerns about victim compensation and operator accountability.

BSF Jawan Killed In Gurugram Hit-And-Run Incident

BSF Jawan Killed In Gurugram Hit-And-Run Incident

Rediff.com7 days ago

A Border Security Force (BSF) soldier was killed in a hit-and-run accident in Gurugram, Haryana. Police have registered a case against the unidentified driver and are investigating the incident using CCTV footage.

'If people don't buy gold...': Jewellers protest against PM's appeal

'If people don't buy gold...': Jewellers protest against PM's appeal

Rediff.com12 May 2026

Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.

Gold import duty hike to spur grey market, smuggling, say exporters

Gold import duty hike to spur grey market, smuggling, say exporters

Rediff.com7 days ago

The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.

How To Prepare Doctors For AI Integration In Healthcare

How To Prepare Doctors For AI Integration In Healthcare

Rediff.com3 days ago

The National Medical Commission is emphasising the importance of preparing doctors and healthcare systems for the responsible and effective use of artificial intelligence, highlighting the need for ethical and equitable AI adoption in healthcare.

OMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

OMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

Rediff.com30 Apr 2026

India's state-run oil marketing companies (OMCs) are projected to incur under-recoveries of approximately Rs 80,000 crore on liquefied petroleum gas (LPG) sales in FY27 if current loss levels persist, according to rating agency Icra.

Preferential Equity Listings Hit Record High in FY26 Amid Market Volatility

Preferential Equity Listings Hit Record High in FY26 Amid Market Volatility

Rediff.com5 May 2026

Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.

Sensex Rises Over 700 Points, Nifty Crosses 23,600 Amid Positive Market Sentiment

Sensex Rises Over 700 Points, Nifty Crosses 23,600 Amid Positive Market Sentiment

Rediff.com7 days ago

Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, driven by strong performance in banking shares and positive sentiment from Asian markets, alongside optimism surrounding the ongoing US-China Summit.

'This Is How The Indian Air Force Will Fight Going Forward'

'This Is How The Indian Air Force Will Fight Going Forward'

Rediff.com5 days ago

The IAF's future operational concepts could involve indigenous Tejas combat aircraft coordinating in real time with multiple Ghatak RPSAs, each carrying a different mission payload ranging from electronic warfare systems and targeting sensors to precision munitions.

Core Sector Growth Dips to 4% in January

Core Sector Growth Dips to 4% in January

Rediff.com20 Feb 2026

India's eight core infrastructure sectors experienced a slowdown in production growth, reaching a two-month low of 4% in January. Crude oil and natural gas output declined, while refinery products remained flat. Overall growth for the April-January period was also lower compared to the previous fiscal year.

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com3 days ago

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

IIT Dhanbad Joins Forces With South African University

IIT Dhanbad Joins Forces With South African University

Rediff.com6 days ago

TEXMiN Foundation, IIT (ISM) Dhanbad has signed an agreement with the University of Pretoria, South Africa, for research collaboration in critical minerals, rare earth element processing, recycling, extraction technologies and advanced mining innovation.

How Basalt Could Slash Cement Industry's Carbon Footprint

How Basalt Could Slash Cement Industry's Carbon Footprint

Rediff.com6 days ago

A new study suggests that using basalt rock instead of limestone in cement production could significantly reduce carbon dioxide emissions, offering a pathway to a greener construction industry.

Punjab Government Reallocates Portfolios After Minister's Arrest

Punjab Government Reallocates Portfolios After Minister's Arrest

Rediff.com11 May 2026

The Punjab government has redistributed portfolios held by arrested minister Sanjeev Arora among other cabinet members, including Aman Arora, Harjot Singh Bains, and Tarunpreet Singh Sond.

Ahmedabad Man Held For Bomb Threat Emails To Airport, Schools

Ahmedabad Man Held For Bomb Threat Emails To Airport, Schools

Rediff.com11 May 2026

Ahmedabad police have arrested a man for allegedly sending bomb threat emails to GUJSAIL at Ahmedabad Airport and schools in March. The accused, Bhavesh Patel, was traced through an account allegedly operated by him.

Four Held Over Shooting At Singer's Event Organiser's House

Four Held Over Shooting At Singer's Event Organiser's House

Rediff.com5 May 2026

Police in Gurugram have arrested four individuals in connection with the shooting at the residence of Saurabh Yadav, event organiser for singer Rahul Fazilpuria. The arrested individuals are accused of providing logistical support to the shooters, who remain at large.

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

Rediff.com5 days ago

Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Rediff.com12 May 2026

The Enforcement Directorate has arrested two former IDFC First Bank employees in connection with a money laundering case involving the alleged embezzlement of Rs 590 crore in Haryana government funds.

Soaring LPG Costs May Force Restaurant To Hike Prices

Soaring LPG Costs May Force Restaurant To Hike Prices

Rediff.com13 May 2026

'If 5% of the total revenue was spent on LPG (pre-war), it is now expected to double. The overall food cost in restaurants is expected to rise by 4-6%.'

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.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com3 days ago

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

Investors slow to lap up FMCG majors' stocks wanes

Investors slow to lap up FMCG majors' stocks wanes

Rediff.com28 Apr 2026

Companies in the fast-moving consumer goods (FMCG) sector are losing favour with equity investors, with their price-to-earnings (P/E) ratio declining to its lowest level in six years, now trading at 38.8 times trailing earnings.

OMCs selling petrol at Rs 14 a litre loss, diesel at Rs 18/litre

OMCs selling petrol at Rs 14 a litre loss, diesel at Rs 18/litre

Rediff.com29 Apr 2026

Indian oil marketing companies are incurring significant losses, selling petrol at a Rs 14 per litre loss and diesel at Rs 18 per litre, as elevated global crude oil prices, exacerbated by the West Asia crisis, outpace capped retail fuel rates, according to rating agency Icra.

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Rediff.com3 days ago

India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.

Robert Vadra Appeals Summons In Money Laundering Case

Robert Vadra Appeals Summons In Money Laundering Case

Rediff.com7 days ago

Businessman Robert Vadra has approached the Delhi High Court to challenge a trial court's decision to summon him in connection with a money laundering case related to a land deal in Shikohpur, Haryana.

Sugar Export Ban Sparks Industry Outcry, Farmer Worries

Sugar Export Ban Sparks Industry Outcry, Farmer Worries

Rediff.com6 days ago

The Indian government's decision to ban sugar exports until September 30 has drawn sharp criticism from the sugar industry and farmer leaders, who fear long-term negative impacts despite the stated aim of controlling domestic prices and ensuring availability.

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com12 May 2026

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com13 May 2026

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

Delhi Soya Chaap Vendor Arrested For Illegal Firearm Possession

Delhi Soya Chaap Vendor Arrested For Illegal Firearm Possession

Rediff.com10 May 2026

A 27-year-old soya chaap seller was arrested in Delhi's Dwarka area for allegedly possessing an illegal semi-automatic pistol and live bullets.

How UP Boosted Sugarcane Farmers' Income

How UP Boosted Sugarcane Farmers' Income

Rediff.com7 days ago

The Uttar Pradesh government announced it has paid a record Rs 3,21,963 crore to sugarcane growers since 2017, emphasising on-time payments and direct transfers to farmers' accounts. The government highlighted initiatives like farm loan waivers and the 'Smart Ganna Kisan' system for online sugarcane management.

Gurugram Man Commits Suicide After Dispute With Wife

Gurugram Man Commits Suicide After Dispute With Wife

Rediff.com3 May 2026

A 45-year-old man, recently returned from the US, allegedly died by suicide in Gurugram after a dispute with his wife. Police are investigating the incident.

Bengal Government To Prioritise Women's Safety And Complaints

Bengal Government To Prioritise Women's Safety And Complaints

Rediff.com7 days ago

West Bengal minister Agnimitra Paul announced that the state government will ensure women's freedom of movement at any time and prioritise their complaints. CCTV monitoring will be introduced across civic bodies to enhance transparency and curb corruption. The government also plans to address illegal activities such as toll plazas, sand extraction, and coal mining, while streamlining welfare schemes and improving infrastructure projects.

Why Indian Banks Are Boosting IT Security Investments

Why Indian Banks Are Boosting IT Security Investments

Rediff.com3 May 2026

Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.

India, New Zealand sign FTA to boost trade, investment

India, New Zealand sign FTA to boost trade, investment

Rediff.com27 Apr 2026

India and New Zealand have signed a comprehensive Free Trade Agreement (FTA) aimed at significantly boosting bilateral commerce and investments, providing duty-free access for 100 per cent of India's exports to New Zealand and securing duty-free inputs for India's manufacturing sector.