News for 'Sectorally'

Will Trump Impose 100 Per Cent Tariffs On India?

Will Trump Impose 100 Per Cent Tariffs On India?

Rediff.com31 Jul 2026

It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.

Pak cleric declares cryptocurrency 'haram', issues fatwa

Pak cleric declares cryptocurrency 'haram', issues fatwa

Rediff.com11 Jul 2026

A prominent Pakistani Islamic scholar, Mufti Muhammad Taqi Usmani, has issued a fatwa declaring cryptocurrency trading "haram" under Islamic law. This ruling, which covers various digital assets including Bitcoin and stablecoins, states that they do not meet the Islamic definition of wealth, potentially impacting crypto adoption despite the government's efforts to regulate and promote the sector.

Manipal Health to launch India's largest healthcare IPO on July 29, aiming for Rs 9,275 crore

Manipal Health to launch India's largest healthcare IPO on July 29, aiming for Rs 9,275 crore

Rediff.com25 Jul 2026

Manipal Health Enterprises is set to launch India's largest healthcare initial public offering (IPO) on July 29, aiming to raise Rs 9,275.22 crore to fund expansion and debt reduction, with the issue closing on July 31.

HCLTech to invest Rs 15,000 crore in AI data centre, global tech hub in Odisha

HCLTech to invest Rs 15,000 crore in AI data centre, global tech hub in Odisha

Rediff.com25 Jul 2026

HCLTech, India's third-largest IT services company, announced plans to establish a global technology centre and an AI-optimised data centre in Bhubaneswar, Odisha, with a total investment of approximately Rs 15,000 crore, marking its entry into the AI infrastructure business.

Vikram-1, India's first privately-built orbital rocket, to lift off on July 18

Vikram-1, India's first privately-built orbital rocket, to lift off on July 18

Rediff.com16 Jul 2026

Skyroot Aerospace is set to launch the maiden test flight of its orbital-class rocket, Vikram-1, from SDSC-SHAR on July 18, marking a significant milestone for India's private sector in the global launch business.

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

Rediff.com29 Jul 2026

Larsen & Toubro (L&T) reported a 14 per cent year-on-year increase in Q1 FY27 profit attributable to owners, reaching Rs 3,926 crore, surpassing analyst estimates, despite facing significant supply-chain disruptions in West Asia.

Maharashtra waives off Rs 48,000 crore of farmers' power dues

Maharashtra waives off Rs 48,000 crore of farmers' power dues

Rediff.com16 Jul 2026

Maharashtra Chief Minister Devendra Fadnavis announced a significant waiver of approximately Rs 48,000 crore in pending electricity dues for farmers, aiming to facilitate new agricultural power connections and support the state's agricultural sector.

Modi takes a dig at 'young' Rahul Gandhi while praising youth power

Modi takes a dig at 'young' Rahul Gandhi while praising youth power

Rediff.com20 Jul 2026

Prime Minister Narendra Modi lauded young Indian innovators for the country's first privately developed orbital rocket, Skyroot Aerospace's Vikram-1, which made India the third nation with private orbital launch capabilities. While praising the 28-year-old average age of the Skyroot team, Modi made a veiled remark about a "56-year-old young man," widely understood to be a dig at Congress leader Rahul Gandhi, who recently turned 56.

India's services sector growth hits 5-month high in April

India's services sector growth hits 5-month high in April

Rediff.com6 May 2026

India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.

How BikeWo And Kwik Flite Are Revolutionising India's Logistics

How BikeWo And Kwik Flite Are Revolutionising India's Logistics

Rediff.com13 Jul 2026

BikeWo Green Tech and Kwik Flite Support have signed an initial pact to develop an integrated air cargo, aviation logistics, and multimodal freight platform. This collaboration aims to combine road mobility with aviation capabilities to serve various industries, focusing on high-value and time-sensitive logistics across India, including Tier-II and Tier-III cities.

Gurugram Thar driver runs over woman worker, returns body to accident site

Gurugram Thar driver runs over woman worker, returns body to accident site

Rediff.com15 Jul 2026

A woman in Gurugram allegedly hit a domestic worker with her Thar, took her to a hospital where she was declared dead, and then bizarrely returned the body to the accident spot in the society's parking area. Police are investigating the incident.

Gold loans, commercial realty fuel NBFC credit surge in May

Gold loans, commercial realty fuel NBFC credit surge in May

Rediff.com8 Jul 2026

Non-banking financial companies (NBFCs) in India saw their overall credit growth accelerate to 14.2 per cent year-on-year in May, primarily driven by significant increases in loans against gold jewellery and commercial real estate, according to recent Reserve Bank of India (RBI) data.

Can Prashant Kishor Pull Off The Impossible In Bankipur?

Can Prashant Kishor Pull Off The Impossible In Bankipur?

Rediff.com28 Jul 2026

The Bankipur assembly bypoll is a high-stakes electoral debut for Jan Suraaj Party founder Prashant Kishor as he challenges the BJP in a constituency that has been a BJP stronghold for nearly two decades.

Govt Unveils Rs 1.9 Lakh Cr Push for Semiconductor, Mobile Manufacturing

Govt Unveils Rs 1.9 Lakh Cr Push for Semiconductor, Mobile Manufacturing

Rediff.com15 Jul 2026

The Indian government has approved two major manufacturing initiatives worth nearly Rs 1.9 lakh crore (USD 22 billion) to expand the country's semiconductor ecosystem and scale up mobile phone production, aiming to strengthen its position as a global electronics manufacturing hub.

NEET aspirant ends life after checking likely score with NTA answer key

NEET aspirant ends life after checking likely score with NTA answer key

Rediff.com16 Jul 2026

An 18-year-old NEET aspirant allegedly died by suicide by jumping from the 16th floor of a residential society in Faridabad on Thursday after evaluating her likely score using the answer key released by the NTA earlier this week and finding it lower than she had hoped, the police said.

Can India's New Mobile Scheme Beat China?

Can India's New Mobile Scheme Beat China?

Rediff.com30 Jul 2026

Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.

Strong H1 Numbers May Propel Passenger Vehicles to Record 2026 Sales

Strong H1 Numbers May Propel Passenger Vehicles to Record 2026 Sales

Rediff.com27 Jul 2026

India's passenger vehicle industry is poised for a record-breaking year in 2026, propelled by robust dispatches in the first half of the calendar year and strong demand for utility vehicles, despite facing several economic challenges.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

Time To Make India Attractive To Foreign Capital

Time To Make India Attractive To Foreign Capital

Rediff.com22 Jul 2026

That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Rediff.com11 Jul 2026

Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.

Why India's Youth Anger Exploded

Why India's Youth Anger Exploded

Rediff.com28 Jul 2026

The failure of the State when it directly affects our lives, through a corrupt exam system, has produced this current anger, points out Aakar Patel.

Rishad Premji On How AI Is Transforming Wipro's Client Operations

Rishad Premji On How AI Is Transforming Wipro's Client Operations

Rediff.com15 Jul 2026

Wipro Executive Chairman Rishad Premji announced that clients are now integrating Artificial Intelligence (AI) into their core business processes, moving past initial pilot projects. Speaking at the company's AGM, Premji highlighted AI's role in driving innovation, efficiency, and growth, and noted Wipro's internal AI adoption has significantly streamlined operations.

West Asia Tensions Drive Marine War-Risk Premiums Up 200%

West Asia Tensions Drive Marine War-Risk Premiums Up 200%

Rediff.com24 Jul 2026

Marine war-risk premiums for West Asian shipping routes, particularly the Red Sea corridor, have surged by as much as 200 per cent due to renewed geopolitical tensions, with some high-risk transits seeing increases of over 1,000 per cent, according to industry brokers.

'Change dil ka angle, not camera angle': Priyanka's barb at Modi

'Change dil ka angle, not camera angle': Priyanka's barb at Modi

Rediff.com28 Jul 2026

Congress leader Priyanka Gandhi criticised Prime Minister Narendra Modi, stating he needs to change his "dil ka angle" (heart's perspective) rather than camera angles to connect with Gen Z, following his Instagram outreach to student protesters. She also condemned the government's handling of student protests and the widespread issue of paper leaks.

Sports Ministry Provisionally Recognises FMSCI To Boost Motorsport In India

Sports Ministry Provisionally Recognises FMSCI To Boost Motorsport In India

Rediff.com24 Jul 2026

The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF), a move aimed at promoting motorsport and facilitating Formula 1's return to India. This recognition requires FMSCI to amend its constitution to comply with governance acts, and a Task Force is being established to assess the benefits and challenges of hosting major motorsport events.

Sensex, Nifty tank nearly 1% as crude oil prices surge and bank stocks face selling pressure

Sensex, Nifty tank nearly 1% as crude oil prices surge and bank stocks face selling pressure

Rediff.com22 Jul 2026

Indian benchmark indices Sensex and Nifty tumbled nearly 1 per cent for the third consecutive day, driven by a sharp spike in crude oil prices and significant selling in bank stocks, with Brent crude jumping to USD 95.27 per barrel.

Provisional NSF Status For FMSCI Paves Way For F1 Return

Provisional NSF Status For FMSCI Paves Way For F1 Return

Rediff.com24 Jul 2026

The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF). This status makes FMSCI eligible for financial grants and is a significant step in the government's efforts to bring Formula 1 racing back to India, with a Task Force also being formed to explore hosting major motorsport events.

Govt, CJP to discuss education reforms after 4 weeks

Govt, CJP to discuss education reforms after 4 weeks

Rediff.com25 Jul 2026

The Cockroach Janta Party (CJP) has ended its 36-day protest at Jantar Mantar over the NEET issue after Education Minister Dharmendra Pradhan's resignation and the government accepting all their demands. The agreement includes compensation for suicide victims' families, withdrawal of FIRs, and future discussions on examination system reforms.

ISRO Talent Drain Triggers Government Action

ISRO Talent Drain Triggers Government Action

Rediff.com15 Jul 2026

The Department of Space has directed that requests for voluntary retirement or resignation from Group 'A' Scientific and Technical personnel associated with the prestigious Gaganyaan human spaceflight programme and other important missions should not be accepted as a matter of routine.

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Rediff.com10 Jul 2026

Indian Hotels Company Ltd (IHCL) is expected to benefit from higher room rates, rising occupancy, and strategic acquisitions, with analysts projecting double-digit revenue growth for FY27 driven by strong domestic demand and a favourable demand-supply dynamic.

Women Owners Employ More Women

Women Owners Employ More Women

Rediff.com14 Jul 2026

In cities where women own a larger share of small businesses, women also account for a larger share of jobs.

Woman Rescued After Climbing Mobile Tower In Noida Sector 63

Woman Rescued After Climbing Mobile Tower In Noida Sector 63

Rediff.com30 Apr 2026

A 19-year-old woman was safely rescued after climbing a mobile tower in Noida's Sector 63. Police and fire department teams responded swiftly, bringing her down using a hydraulic platform. The woman, who was reportedly under mental distress due to family issues, is now undergoing counselling.

Restaurants, Multiplexes Eye World Cup Final Windfall

Restaurants, Multiplexes Eye World Cup Final Windfall

Rediff.com18 Jul 2026

Businesses across sectors are positioning themselves to capitalise on the expected surge in demand.

Modi flags off India's first hydrogen train, hails 'Make in India' success

Modi flags off India's first hydrogen train, hails 'Make in India' success

Rediff.com17 Jul 2026

Prime Minister Narendra Modi flagged off India's first hydrogen-powered train connecting Jind to Sonipat in Haryana, marking a significant milestone in the country's journey towards clean and sustainable railway mobility and showcasing the success of the 'Make in India' initiative.

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Rediff.com20 May 2026

Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.

Uday Ruddaraju Appointed CTO, Compute At Microsoft-Backed OpenAI

Uday Ruddaraju Appointed CTO, Compute At Microsoft-Backed OpenAI

Rediff.com19 Jul 2026

Indian-origin tech executive Uday Ruddaraju has been appointed Chief Technology Officer, Compute at OpenAI, a year after leaving Elon Musk's xAI. Ruddaraju, an alumnus of Hyderabad's Chaitanya Bharathi Institute of Technology, announced his new role on LinkedIn, highlighting OpenAI's mission to build the world's largest compute footprint for frontier AI.

India's Top 100 Brands Hit $253 Billion

India's Top 100 Brands Hit $253 Billion

Rediff.com15 Jul 2026

LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

Rediff.com14 Jul 2026

HDFC Bank, India's largest private sector lender, reported a reduction of 3,343 employees in FY26, bringing its total workforce to 2,11,178, even as its balance sheet expanded by 12 per cent. The bank's MD and CEO, Sashidhar Jagdishan, attributed the headcount reduction to redeploying talent from back-end functions to customer-facing roles due to technology-led efficiencies. The annual report also addressed the challenging resignation of part-time chairman Atanu Chakraborty, which raised questions about the bank's governance standards.

Geopolitics, Earnings, Crude Prices Key to Indian Market Movement

Geopolitics, Earnings, Crude Prices Key to Indian Market Movement

Rediff.com13 Jul 2026

Analysts predict that the US-Iran geopolitical conflict, upcoming quarterly earnings announcements, and fluctuations in crude oil prices will be the primary drivers of investor sentiment in the Indian equity markets.

Delhi HC orders restoration of CJP's X handle, revokes govt ban

Delhi HC orders restoration of CJP's X handle, revokes govt ban

Rediff.com7 Jul 2026

The Delhi High Court has ordered the unblocking of the Cockroach Janta Party's X handle, which was previously withheld due to concerns over potential "chaos" during the NEET re-test. The court's decision came after the Solicitor General stated that the primary concern was no longer relevant as the NEET exam was over. The CJP, a youth-driven satirical movement, aims to hold the government accountable and has gained significant digital traction.