News for 'Sectoral Performance'

Indian Auto Industry Records Best-Ever June Sales, FADA Cautiously Optimistic

Indian Auto Industry Records Best-Ever June Sales, FADA Cautiously Optimistic

Rediff.com6 Jul 2026

India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).

Stock markets today: Sensex, Nifty Rebound in Early Trade Amid Positive Global Cues

Stock markets today: Sensex, Nifty Rebound in Early Trade Amid Positive Global Cues

Rediff.com1 Jul 2026

Indian benchmark indices, Sensex and Nifty, rebounded in early trade after two days of decline, driven by positive global market trends and strong buying in auto stocks. This recovery follows a robust performance in US markets and a rally in Asian markets, particularly Japan's Nikkei, fueled by AI-driven technology optimism. Track Sensex, Nifty on July 1.

Sensex, Nifty drop over 1% as global cues, FII outflows trigger market tailspin

Sensex, Nifty drop over 1% as global cues, FII outflows trigger market tailspin

Rediff.com23 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced a significant drop of over 1 per cent, driven by a bearish trend in global markets, weakness in HDFC Bank and IT firms, and fresh foreign fund outflows.

Adani Power to invest Rs 2 trn over 5 years

Adani Power to invest Rs 2 trn over 5 years

Rediff.com25 Jun 2026

Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.

Anupam Rasayan Pioneers ETFA Production With Innovative Chemistry Platform

Anupam Rasayan Pioneers ETFA Production With Innovative Chemistry Platform

Rediff.com12 Jun 2026

Specialty chemicals maker Anupam Rasayan India Ltd has become the first company globally to commercialise Ethyl trifluoroacetate (ETFA) production using its proprietary continuous flow chemistry platform. This innovative technology offers significant advantages over traditional methods, and ETFA is a crucial component for pharmaceuticals, life sciences, and performance materials, with a global market estimated at USD 500-600 million.

DoT notifies new telecom authorisation rules, replacing multiple licences

DoT notifies new telecom authorisation rules, replacing multiple licences

Rediff.com25 Jun 2026

The Department of Telecommunications (DoT) has introduced a new authorisation regime, replacing multiple licences with a single permission for principal telecom services, aiming to simplify compliance and accommodate evolving technologies. This move is expected to ease business operations, enhance fraud prevention with AI, and expand connectivity, especially through satellite networks.

Indian Equities Rebound as Oil Prices Soften, Global Cues Turn Positive

Indian Equities Rebound as Oil Prices Soften, Global Cues Turn Positive

Rediff.com22 Jun 2026

Indian stock markets, including the Sensex and Nifty, rebounded significantly, driven by a decline in crude oil prices and positive global cues stemming from hopes of diplomatic progress in US-Iran negotiations.

India's Infrastructure Growth Dips Amid Output Contraction

India's Infrastructure Growth Dips Amid Output Contraction

Rediff.com20 Mar 2026

Production growth in India's eight core infrastructure sectors slowed to a three-month low of 2.3 per cent in February, impacted by contractions in crude oil, natural gas, and refinery products output.

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

The H-1 B Visa and the Fading American Dream

The H-1 B Visa and the Fading American Dream

Rediff.com8 Jul 2026

The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?

Stock Markets Today: Sensex, Nifty Flat Amidst Profit-Booking and Global Cues

Stock Markets Today: Sensex, Nifty Flat Amidst Profit-Booking and Global Cues

Rediff.com23 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.

Sensex Sees Worst H1 Since 2020

Sensex Sees Worst H1 Since 2020

Rediff.com1 Jul 2026

IT stocks had their worst first half fall in decades, with the Nifty IT index declining 31% in the January-June 2026 period, its biggest decline in the first six months of a calendar year since 2003.

Accenture's Gloomy Outlook Drags Down Indian IT Shares, Nifty IT Slips 6%

Accenture's Gloomy Outlook Drags Down Indian IT Shares, Nifty IT Slips 6%

Rediff.com20 Jun 2026

Accenture's revised annual revenue growth forecast and weaker-than-expected fourth-quarter guidance have sent shockwaves through the Indian IT sector, causing major IT stocks and the Nifty IT index to tumble significantly.

Smallcap Schemes Lead Mutual Fund Rally

Smallcap Schemes Lead Mutual Fund Rally

Rediff.com1 Jun 2026

Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.

IIT Roorkee Inks Deal To Transfer Battery Technology

IIT Roorkee Inks Deal To Transfer Battery Technology

Rediff.com22 May 2026

The Indian Institute of Technology Roorkee has signed two technology transfer agreements with Cathion Energy Private Limited for the commercialisation of advanced lithium-ion battery electrode technologies.

Nomura lifts Nifty target to 25,900, citing robust earnings despite global risks

Nomura lifts Nifty target to 25,900, citing robust earnings despite global risks

Rediff.com3 Jun 2026

Nomura has increased its March 2027 target for the Nifty 50 to 25,900, driven by strong corporate earnings and attractive market valuations, even as risks from the West Asia conflict and high oil prices persist.

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.

OpenAI Strengthens India Presence With New Managing Director

OpenAI Strengthens India Presence With New Managing Director

Rediff.com27 Jun 2026

OpenAI has appointed Prabhjeet Singh as its Managing Director for India, a key market for the AI company. Singh, formerly President of Uber India and South Asia, will oversee consumer growth, enterprise adoption, partnerships, and regulatory engagement, reinforcing OpenAI's commitment to India's rapidly expanding AI ecosystem.

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Rediff.com4 Jul 2026

'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'

How To Pick Smallcap Funds

How To Pick Smallcap Funds

Rediff.com26 Jun 2026

Investors now have 27 passive smallcap funds to choose from 17 index funds and 10 ETFs.

BrahMos Missile Gets Lethal Upgrade

BrahMos Missile Gets Lethal Upgrade

Rediff.com1 Jul 2026

The next-generation missile is expected to be substantially smaller and lighter than the current BrahMos, which weighs around 3 tonnes. The reduction in weight could allow fighter aircraft to carry more missiles per sortie, enhancing combat effectiveness.

Assess Mythos Threat By June 30: RBI To Banks

Assess Mythos Threat By June 30: RBI To Banks

Rediff.com17 Jun 2026

'...A new challenge has emerged in the form of Mythos.'

Markets rally for 3rd day on US-Iran peace deal, crude oil softens

Markets rally for 3rd day on US-Iran peace deal, crude oil softens

Rediff.com16 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by positive global market trends and a significant softening of crude oil prices following a peace deal between the US and Iran.

Why Foreign Students Don't Come To India

Why Foreign Students Don't Come To India

Rediff.com1 Jul 2026

90 per cent of institutions recorded no improvement in international student metrics, despite government initiatives such as the Study in India programme, UGC regulations on internationalisation, and efforts to attract foreign students.

Indian Pharma Bets Beyond US Generics

Indian Pharma Bets Beyond US Generics

Rediff.com26 Jun 2026

Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

Rediff.com10 Apr 2026

India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.

India's Exports Surge 18% in May, Trade Deficit Expands to $28.21 Billion

India's Exports Surge 18% in May, Trade Deficit Expands to $28.21 Billion

Rediff.com15 Jun 2026

India's exports reached a six-month high, growing by 18 per cent to USD 45.2 billion in May, driven by electronic goods, petroleum products, engineering items, and pharmaceuticals. However, the trade deficit widened to USD 28.21 billion due to a 10 per cent rise in imports, particularly petroleum products and gold, amidst surging crude oil prices.

ASIP And SporTech Join Forces To Boost Indian Sports Professionals

ASIP And SporTech Join Forces To Boost Indian Sports Professionals

Rediff.com4 Jun 2026

The Association for Sports Industry Professionals (ASIP) has partnered with SporTech Innovation Lab to enhance support and opportunities for sports professionals across India. This collaboration will leverage SporTech's AI-powered SportsKeyz platform for various ASIP operations, aiming to advance the sports industry through technology and professional development.

IT Stocks Fuel Sensex Rebound, Snap Four-Day Losing Streak

IT Stocks Fuel Sensex Rebound, Snap Four-Day Losing Streak

Rediff.com2 Jun 2026

Indian benchmark indices, the BSE Sensex and NSE Nifty, snapped a four-day losing streak, with the Sensex climbing 382 points, primarily driven by a strong rally in IT sector shares. Major IT firms like TCS, Infosys, and HCL Tech saw significant gains, contributing to the market's recovery.

Investment, Consumption Drive India's FY26 GDP Growth

Investment, Consumption Drive India's FY26 GDP Growth

Rediff.com13 Jun 2026

India's economy in FY26 saw significant momentum from investment demand, with gross fixed capital formation (GFCF) accelerating to 8.2 per cent, while private final consumption expenditure (PFCE) also grew steadily, according to provisional estimates.

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

Rediff.com27 May 2026

Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.

Man Arrested In Odisha Bank Loan Fraud Case

Man Arrested In Odisha Bank Loan Fraud Case

Rediff.com28 May 2026

The Economic Offences Wing (EOW) of Odisha Police has arrested another person from Bhubaneswar for his alleged involvement in a bank loan fraud case worth Rs 6.88 crore.

Sensex,Nifty Decline as US-Iran Tensions, FII Outflows Weigh on Sentiment

Sensex,Nifty Decline as US-Iran Tensions, FII Outflows Weigh on Sentiment

Rediff.com11 Jun 2026

Indian equity benchmark indices Sensex and Nifty closed lower on Thursday, driven by escalating tensions between the US and Iran, persistent foreign fund outflows, and concerns over rising US inflation.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com5 May 2026

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Rediff.com12 Jun 2026

Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.

Nifty 50's Contribution to India Inc's Q4 Earnings Hits 21-Quarter Low

Nifty 50's Contribution to India Inc's Q4 Earnings Hits 21-Quarter Low

Rediff.com10 Jun 2026

The Nifty 50 firms' contribution to the overall earnings of India Inc has steadily declined, reaching its lowest share in at least 21 quarters at 47.1 per cent in Q4FY26, down from 51.8 per cent a year earlier.

Major Dhyan Chand Sports University Unveils New Courses And Athlete Admissions

Major Dhyan Chand Sports University Unveils New Courses And Athlete Admissions

Rediff.com14 Jun 2026

Major Dhyan Chand Sports University in Meerut has opened online registrations for its 2026-27 academic session, offering new undergraduate, postgraduate, and diploma programmes in sports, including direct admission for elite athletes and a 10% reservation for outstanding sportspersons.

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Rediff.com23 Jun 2026

Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.

India's Services PMI Hits 6-Month High in May Amid Robust Demand

India's Services PMI Hits 6-Month High in May Amid Robust Demand

Rediff.com3 Jun 2026

India's services sector experienced its strongest growth in six months in May, with the HSBC India Services PMI Business Activity Index rising to 59.8. This expansion was driven by healthy demand, new client acquisitions, and improved new business intakes, alongside a softer rise in cost burdens.