Indian benchmark indices Sensex and Nifty climbed in early trade, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank, alongside a notable cooling in crude oil prices.
India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports.
'It has always been viewed as a hedge against inflation.'
'Even last year, when India bought gold, the physical quantity was much less than the previous years.'
'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'
Former IPL commissioner Lalit Modi has sensationally revealed that life-threatening intimidation from underworld don Dawood Ibrahim and his crime syndicate was the primary reason for his permanent retirement from cricket administration. Modi detailed how his unyielding stance against match-fixing and refusal to cooperate with the D-Company's multi-billion-dollar betting empire led to direct threats, including a phone call from Dawood and subsequent assassination attempts.
Indian benchmark indices Sensex and Nifty rebounded in early trade, driven by strong buying in blue-chip stocks and positive cues from Asian markets, following a significant selloff in the previous session.
With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.
Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.
External Affairs Minister S Jaishankar has strongly defended India's decision to purchase Russian crude oil, stating that the country's energy choices are based on cost and availability, and highlighting the West's 'hypocrisy' in criticising India while historically supplying weapons used against it.
The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.
A significant structural shift is underway in India's gold market, with investment purchases projected to account for 35-40 per cent of total consumption by FY27, driven by geopolitical uncertainty, price momentum, and portfolio diversification.
Indian equity benchmark indices Sensex and Nifty rebounded in early trade, driven by buying in blue-chip stocks and a positive trend in Asian markets, with domestic institutional investors providing crucial support.
Jharkhand Police have solved the murder case of 18-year-old Pramod Yadav in Chatra district, arresting two adults and a minor. The victim, who was reported missing, was found buried, and investigations revealed he was killed by friends over a dispute involving illegal weapons.
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.
Rajesh Mehta, Chairman of Rajesh Exports, has distanced his firm from LIC's investment decisions, stating, "We don't even know where LIC's office is. We have no contact, no connection. This decision of buying shares through the secondary market is their own decision in a prudent commercial manner."
Police in Jharkhand's Khunti district arrested four individuals and seized 2.328 kg of opium valued at Rs 12 lakh. The arrests followed a tip-off about an opium dealing operation in Tamab village, involving both cultivators and buyers from West Singhbhum district.
The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.
A year after accidentally filming the tragic Air India crash in Ahmedabad, 18-year-old Aryan Asari, now known as the 'Aeroplane Boy', shares his story of unexpected fame and the lasting fear that prevents him from filming aircraft or flying himself.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
In the latest advisory, rediffGURU Dr Deepa Suvarna explains what young children should eat to support healthy growth and development.
'Hospitals sometimes compel patients to purchase medicines only from pharmacies owned by or attached to the hospital, refuse to provide prescriptions, withhold prescriptions, or send prescriptions directly to the hospital pharmacy without patient consent.'
During a kidnapping rescue operation in Patna, Bihar, an exchange of fire between police and criminals resulted in the death of one accused and injuries to two police personnel. The kidnapped youth was safely rescued, and the deceased criminal had a prior murder record.
Many traders spend hours looking for the perfect entry signal, the ideal indicator setup, or the next market-moving opportunity. Yet some of the biggest differences between consistent traders and struggling traders have little to do with finding better trades. They come from managing risk effectively.
The investigation into the theft of 34 hard disks from the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) headquarters in Chennai has been transferred to the CB-CID. Police have arrested a contract worker and a shop owner in Bengaluru, and the stolen hard disks have been retrieved.
The investigation into the theft of 34 hard disks from the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) headquarters has been transferred to the CB-CID. Two individuals, including a contract worker and a shop owner, have been arrested, and the stolen hard disks have been recovered.
Mahindra & Mahindra (M&M) is expanding its farm equipment strategy beyond tractors to include a wider range of mechanisation solutions like harvesters, balers, seed drills, and telematics-enabled services, aiming to capitalise on the growing demand for rental services by rural entrepreneurs and address low mechanisation levels in Indian agriculture.
'In my entire career, whenever friends, relatives, or associates have sought my counsel, I have told them consistently: Stay away from equities. Buy gold. Place funds in fixed deposits. Acquire some raw land.' 'That is all one genuinely needs to build meaningful, enduring wealth, without the attendant anxiety of equity market participation.'
Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.
'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'
A shopkeeper in Amethi, Uttar Pradesh, has been detained for allegedly molesting a five-year-old girl. Police registered a case based on the victim's father's complaint, and the accused is currently being questioned.
A viral Rs 2.5 lakh school trip to Japan has exposed the soaring, extraneous costs of modern Indian education. From textbook monopolies to elite excursions, these hidden fees create intense classroom peer pressure even as parents face a financial spiral. We ask you, Dear Reader, to share your experience with us.
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.
From bringing down your plastic waste output to conserving water, every little bit helps. When small actions are taken by many and millions sign on there's powerful impact.
If you're planning an upgrade before the next heatwave hits full swing, here are 8 air coolers for this summer.
The first thing cardholders should do after spotting a suspicious charge is block the card.
A 37-year-old government doctor in Jalandhar, Punjab, died by suicide, leading to her ophthalmologist husband being booked for abetment. The victim's father alleges her husband subjected her to physical and mental torture over extramarital affairs and committed financial fraud by forging her signature for a large loan. The accused husband is currently absconding.
'Exploration should be made easier and companies should be given operational flexibility.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances