Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.
The government's e-marketplace platform, GeM, is significantly enhancing public procurement through the integration of AI, advanced analytics, and digital monitoring systems. This strategic adoption has led to substantial savings for the exchequer and improved transparency, while also playing a crucial role in health sector procurement.
Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.
Uber is set to establish its first data centre in India in partnership with the Adani Group, the company's CEO Dara Khosrowshahi said.
Rajesh Exports has refuted allegations of financial irregularities, stating that its reported revenues are accurate and attributing the Securities and Exchange Board of India's (Sebi) interim action to a 'communication gap' between the regulator and the company.
High costs, visa hurdles, and logistics for the World Cup are deterring fans, leading to a disappointing boost for US hotels, airlines, and the travel industry.
Rajesh Exports has vehemently denied allegations of inflated revenues and preferential share placement to LIC, labelling them 'speculative inferences' and affirming its commitment to addressing concerns raised by Sebi.
US President Donald Trump and Chinese President Xi Jinping began a crucial two-day summit in Beijing on Thursday, with both leaders signalling a desire to stabilise relations between the world's two biggest economies despite deep disagreements on trade, Taiwan, technology and security issues.
Global tech major Salesforce has committed to equipping one million learners across India with AI-focused skills by 2030, leveraging government partnerships, virtual internships, academic centres, and its partner network.
Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.
India's electric vehicle market is experiencing an unprecedented boom with a 37 per cent increase in new entrants, driven by supportive policies and infrastructure.
Dive into the chaotic world of Ab Hoga Hisaab, a revenge drama that attempts to weave a complex narrative of crime and retribution but often loses its way amidst a multitude of bizarre subplots, notes Deepa Gahlot.
Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.
Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.
Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.
The Madras High Court has issued notices to key political figures and the Election Commission following a petition alleging corrupt practices during the Tamil Nadu Legislative Assembly election, including the use of children to influence voters.
Javelin thrower Neeraj Chopra has partnered with the Indian Olympic Association (IOA) to launch a "Clean Sports Campaign" aimed at combating doping in India. This initiative comes as India faces a serious doping problem, topping WADA's list of offenders, and seeks to educate athletes on anti-doping regulations and promote fair play. Chopra emphasised the importance of patience over quick gains through doping, highlighting the long-term damage it causes to athletes and the nation's sporting image.
Defending champions MSC Maratha Royals unveiled their new 'Royal Roar' jersey ahead of the T20 Mumbai League 2026, blending tiger-inspired design, Mumbai street culture and fearless championship ambition.
Indian benchmark indices Sensex and Nifty rebounded in early trade, tracking a recovery in global equity markets and an easing of hostilities between Israel and Iran, after a sharp fall in the previous session.
Zelle, a major US peer-to-peer payment service, is set to launch in India by the end of this year, marking its first international expansion. The move aims to tap into India's large remittance market, offering a service similar to UPI but integrated with bank apps. Zelle also introduced ZelleUSD, a stablecoin for future global payment capabilities.
Indian stock market benchmark indices, Sensex and Nifty, experienced declines in early trade due to escalating tensions between the US and Iran, which led to a surge in crude oil prices and weak global equity trends.
Say hello to the S 450 e Launch Edition. Priced at 2.20 crore upwards.
A tech firm has delivered to the Army 106 turbojet-powered kamikaze drones designed to engage high-value targets deep inside enemy territory and operate in contested electromagnetic environments, according to a statement.
Estonian tech startups in AI, cybersecurity, defence, and medicine are showing interest in collaborating with India, aiming to tap into its vast market. Latitude59, a prominent startup conference, is considering hosting a networking event in India next year to foster these partnerships.
'...because that protects their aviation industry.' 'The Boeing 787 is one of the most widely-flown wide-body aircraft in the world, and Airbus is running neck-and-neck with Boeing.' 'Airbus is not going to let an opportunity like this pass.' 'If a software problem with the 787 is confirmed, they will use it to increase their own orders.'
'Maybe his intent is not malicious, but he still needs to understand that it is not fair to you,' says rediffGURU Ravi Mittal, CEO of the online dating web site Quack Quack and Rebounce, a matrimony platform.
A top executive of Sigachi Industries has been arrested in connection with the explosion at its pharma plant in Telangana in June, which resulted in 54 deaths.
'We thought everything will be back to normal within one month. Now it's four months and still a final solution is miles away.'
Indian benchmark equity indices Sensex and Nifty closed higher, recovering from previous losses, driven by a global market rebound, a pause in Israel-Iran hostilities, and a rally in bank stocks.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
Indian carmakers, including Maruti Suzuki and Kia India, reported robust sales growth in May 2026, with both companies achieving their highest-ever monthly sales despite rising fuel prices. Maruti Suzuki's domestic sales surged to 1,93,535 units, while Kia India recorded 27,586 units, driven by strong demand in mini and compact segments and a shift towards electric and CNG vehicles.
Mercedes-Benz India is exploring a larger role for plug-in hybrid electric vehicles (PHEVs) in its portfolio, with plans to potentially introduce the technology in more models beyond the newly launched S-Class plug-in hybrid. This strategy aims to cater to luxury car buyers who are hesitant about fully electric vehicles due to concerns over charging infrastructure and range.
'It will take a long time to recover from the impact of this war.'
rediffGURU Ulhas Joshi answers your mutual fund queries.
Indian benchmark indices Sensex and Nifty closed flat, paring early gains due to renewed hostilities between the US and Iran, which unsettled investor sentiment and led to profit booking in metal, oil & gas, and telecom shares.
Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.
Mumbai Police have registered an FIR against former Yes Bank MD and CEO Rana Kapoor and others for alleged illegal transfer of mortgaged property worth Rs 1,000 crore.
A Chinese official stated that India and China should view each other as cooperative partners and opportunities for development, not rivals or threats. This statement came in response to Russian President Vladimir Putin's comments on the independent and strong ties Russia maintains with both nations, emphasising non-interference in India-China relations.
'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'
The New York Knicks have won their first NBA championship since 1973, defeating the San Antonio Spurs 90-94. Jalen Brunson led the Knicks with 45 points, securing the best-of-seven NBA Finals in five games after a dominant postseason run.
