News for 'Sectoral Performance'

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.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.

India Inc's FY27 earnings forecast cut amid Iran war

India Inc's FY27 earnings forecast cut amid Iran war

Rediff.com28 Apr 2026

Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.

New Labour Codes: How a 4-day workweek could become a reality in India

New Labour Codes: How a 4-day workweek could become a reality in India

Rediff.com11 May 2026

The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

Rediff.com20 May 2026

PepsiCo India plans a significant investment of Rs 5,700 crore by 2030 to enhance its production capabilities, focusing on its concentrate plant in Madhya Pradesh, a unit in Assam, and land acquisition in Tamil Nadu to expand its snack business footprint in South India.

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Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic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

Sensex, Nifty Extend Losses as Surging Oil Prices and IT Sell-off Hit Markets

Sensex, Nifty Extend Losses as Surging Oil Prices and IT Sell-off Hit Markets

Rediff.com24 Apr 2026

Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.

4 Reasons Why Market Recovered After March Crash

4 Reasons Why Market Recovered After March Crash

Rediff.com22 May 2026

'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'

AI boom reshapes global equity markets, India slips to sixth place

AI boom reshapes global equity markets, India slips to sixth place

Rediff.com27 May 2026

The global artificial intelligence (AI) boom has significantly reshaped equity markets, with Taiwan surpassing India to become the world's fifth-largest stock market. India has seen its market capitalisation decline by 7% year-to-date, while AI-linked economies like Taiwan and South Korea have surged.

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.

Can Water Be The Answer To India's Fuel Import Woes?

Can Water Be The Answer To India's Fuel Import Woes?

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.

India Advocates For Ethical AI Use In Global Healthcare

India Advocates For Ethical AI Use In Global Healthcare

Rediff.com21 May 2026

Union Health Minister J P Nadda has emphasised the need for sound regulation, ethical oversight, and equity in the application of Artificial Intelligence (AI) to healthcare, speaking at the World Health Assembly in Geneva.

Auto, ancillary sectors to see strong earnings momentum

Auto, ancillary sectors to see strong earnings momentum

Rediff.com19 Jan 2026

The automobile and auto-ancillary sector is expected to show strong Q3FY26 results, aided by festival-led demand, rationalisation in goods and services tax (GST) rates for select categories of vehicles, easing interest rates, and improving rural sentiment.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

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.com14 May 2026

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.

Stock Market Crash: Investors Lose Rs 16.32 Lakh Crore in Two Days

Stock Market Crash: Investors Lose Rs 16.32 Lakh Crore in Two Days

Rediff.com4 Mar 2026

Indian equity investors experienced a significant loss of 16.32 lakh crore due to a two-day stock market decline fueled by escalating geopolitical tensions involving the US, Israel, and Iran.

Can Private Bankers Transform Public Sector Banks?

Can Private Bankers Transform Public Sector Banks?

Rediff.com29 Oct 2025

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.

Netradyne Buys Moove To Boost European Operations

Netradyne Buys Moove To Boost European Operations

Rediff.com5 May 2026

AI-powered fleet safety and performance solutions provider Netradyne has acquired European fleet intelligence and connected mobility company Moove Connected Mobility for an undisclosed sum.

FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict

FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict

Rediff.com15 Mar 2026

Foreign portfolio investors (FPIs) withdrew a substantial amount from Indian equities in the first half of March, driven by geopolitical tensions, rupee depreciation, and concerns about crude oil prices.

Bank credit grows at 16.08% in FY26, deposits rose by 13.47%, fastest since FY24

Bank credit grows at 16.08% in FY26, deposits rose by 13.47%, fastest since FY24

Rediff.com16 Apr 2026

Indian bank credit expanded by 16.08 per cent year-on-year in FY26, marking its fastest pace since FY24, while deposits grew by 13.47 per cent, according to RBI data. Experts caution that year-end figures may be inflated due to reporting date changes, but acknowledge strong momentum in corporate, MSME, and retail segments.

War, Rain Dampen Q4 Consumer Durables Sales, Especially ACs

War, Rain Dampen Q4 Consumer Durables Sales, Especially ACs

Rediff.com20 Apr 2026

Increased input costs due to geopolitical conflict in West Asia and unseasonal rain in March negatively impacted volumes of consumer durables makers, particularly air conditioners, in Q4FY26, leading to projected declines in EBITDA and APAT despite revenue growth.

Public sector: Perform! Else die or be sold

Public sector: Perform! Else die or be sold

Rediff.com3 Apr 2018

'Else they will form a growing 'hospital sector' -- and the taxpayer will be asked to pick up a mounting bill,' warns T N Ninan.

HDFC Bank, ICICI Bank: Solid Q4, split outlook

HDFC Bank, ICICI Bank: Solid Q4, split outlook

Rediff.com21 Apr 2026

Analysts have largely maintained a bullish outlook on HDFC Bank and ICICI Bank following their Q4FY26 results, though their perspectives on future growth drivers differ. HDFC Bank's near-term performance is tied to accelerating loan growth, while ICICI Bank is seen as a strong candidate for a valuation rerating.

India Is Lucky To Have Both Nehru And Modi

India Is Lucky To Have Both Nehru And Modi

Rediff.com10 Jun 2026

If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).

Hat-trick or heartbreak? Minister Veena faces tight contest in Aranmula

Hat-trick or heartbreak? Minister Veena faces tight contest in Aranmula

Rediff.com3 Apr 2026

Aranmula, Kerala, prepares for Assembly elections with a focus on development, health sector performance, and religious sentiments, as incumbent Health Minister Veena George faces challenges from Congress and BJP candidates.

FPI Inflow Hits 17-month High at Rs 22,615 cr In Feb

FPI Inflow Hits 17-month High at Rs 22,615 cr In Feb

Rediff.com1 Mar 2026

Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, marking the highest monthly inflow in 17 months, driven by factors such as the interim India-US trade deal, correction in domestic market valuations, and strong corporate earnings.

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.

Godrej Properties' rerating hinges on sales growth

Godrej Properties' rerating hinges on sales growth

Rediff.com22 Apr 2026

Godrej Properties closed FY26 with record bookings and presales, exceeding its annual guidance, but brokerages express concerns over weak cash-flow generation and the ability to sustain growth amidst a muted real estate market.

Sensex, Nifty dip in volatile trade as profit-taking hits banking stocks

Sensex, Nifty dip in volatile trade as profit-taking hits banking stocks

Rediff.com16 Apr 2026

Indian benchmark indices Sensex and Nifty closed lower in a volatile session due to profit-taking in banking and financial shares, despite earlier gains driven by easing geopolitical tensions. Analysts suggest investors remain cautious and are not aggressively chasing the recent rally.

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Rediff.com25 May 2026

India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

Rediff.com20 Apr 2026

HDFC Bank, India's largest private-sector lender, has revised its FY27 growth trajectory, stepping back from earlier guidance to align with a more measured 12 per cent year-on-year expansion, citing geopolitical uncertainties.

Chinese Humanoid Robot Breaks Half-Marathon Record

Chinese Humanoid Robot Breaks Half-Marathon Record

Rediff.com19 Apr 2026

A humanoid robot named 'Flash,' developed by Shenzhen Honor Smart Technology, achieved a record-breaking time of 50 minutes and 26 seconds in the Beijing E-Town half-marathon, surpassing the human world record in autonomous navigation.

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

Rediff.com18 Apr 2026

HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.

India's pharma exports cross $28 bn till Feb, grow over 5%

India's pharma exports cross $28 bn till Feb, grow over 5%

Rediff.com4 Apr 2026

India's pharmaceutical exports have shown robust growth, reaching over USD 28 billion, despite global economic challenges. The sector is projected to reach USD 130 billion by 2030.

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

Rediff.com13 Apr 2026

A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.

West Asia Conflict Deepens India's Economic Challenges

West Asia Conflict Deepens India's Economic Challenges

Rediff.com30 Apr 2026

Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.

What's in store for realty sector in 2026? A mixed bag

What's in store for realty sector in 2026? A mixed bag

Rediff.com2 Jan 2026

After three post-pandemic years of an upcycle, it was a mixed bag for the realty sector in 2025, with sales volumes in the residential real estate moderating across top cities, and commercial real estate and institutional investments emerging as standout performers. Residential: Volumes soften, value holds firm.

Gandhinagar Hosts Asian Senior Weightlifting Championships

Gandhinagar Hosts Asian Senior Weightlifting Championships

Rediff.com13 May 2026

The 2026 Asian Senior Weightlifting Championships, featuring participants from approximately 30 nations, commenced in Gandhinagar, highlighting India's growing role in international sports.

Stock Markets Today: Sensex, Nifty50 Surge on Gains in Banking Stocks

Stock Markets Today: Sensex, Nifty50 Surge on Gains in Banking Stocks

Rediff.com10 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

Rediff.com27 Feb 2026

India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.