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.
'Our research demonstrates the potential of perovskite-based semiconductor technologies for next-generation solar cells and memory devices.'
US President Donald Trump has claimed that Iran's missile capabilities have been severely degraded, saying Tehran now possesses only a fraction of the arsenal it had before recent hostilities.
UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.
Shares of power generation-related companies surged on Wednesday, with the BSE Power index hitting a new high of 8,497, driven by strong demand, robust order books, and significant capital expenditure announcements from key players like Hitachi Energy India, Adani Green Energy, and CG Power and Industrial Solutions.
Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.
Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.
India's manufacturing sector activity reached a three-month high in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0, driven by robust domestic demand, infrastructure projects, and new business gains despite ongoing inflationary pressures.
An international study analysing data from 67 research groups worldwide has found that mood improves with everyday movement for most people, and people are more physically active when they are feeling better.
Elon Musk, already the world's richest person, may soon become the first trillionaire as his space and AI company, SpaceX, prepares for a public listing. The IPO is expected to be the largest ever, surpassing Aramco's 2020 listing, but recent filings reveal a challenging financial picture for SpaceX.
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.
Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.
The Bangalore Water Supply and Sewerage Board (BWSSB) is set to explore the use of AI, predictive analytics, and robotic inspection technologies to detect water theft, reduce leakages, and improve operational efficiency across Bengaluru's water distribution network.
The Supreme Court of India has directed all states and Union territories to operationalise a single helpline number '112' for emergency responses and establish a functional good samaritan grievance redressal system within three months, emphasising that the right to trauma care is an integral part of the right to life.
An analysis reveals that content from state-controlled media can significantly influence the information environments that AI chatbots learn from, shaping their responses to user requests.
Uttar Pradesh's 'zero tolerance' policy against crime has resulted in a conviction rate of more than 93 per cent over the past year, according to the state's newly appointed DGP, Rajeev Krishna. Courts convicted 42,681 accused, and authorities seized properties worth nearly Rs 788.38 crore linked to criminal activities.
A Bhopal court has remanded Samarth Singh, husband of late model Twisha Sharma, and his mother Giribala Singh, in judicial custody for 14 days in connection with the dowry harassment case. The CBI is awaiting forensic reports and further investigation.
A new pilot study demonstrates how wearable devices, combined with smartphone location data and real-time surveys, can effectively capture environmental exposures and their immediate physical and emotional effects on individuals.
The Bihar education department has requested madrasas, Sanskrit, and other government-aided minority schools to provide details regarding the number of students, teachers, and non-teaching staff to ensure proper utilisation of government aid.
Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.
NTT DATA and Ericsson have announced a multi-year partnership to promote the adoption of private 5G networks and develop advanced edge AI applications for enterprises.
India's foreign exchange reserves saw a significant drop of USD 8.094 billion, settling at USD 688.894 billion for the week ending May 15, as the Reserve Bank of India intervened in the forex market and global events like the Middle East conflict impacted the rupee.
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.
Appellate tribunals in West Bengal have only disposed of a small fraction of the appeals filed against decisions made during the electoral roll revision, raising concerns about the efficiency of the process.
The Kremlin has announced it will not disclose data on crude oil exports to India, citing concerns about 'ill-wishers'. This decision follows reports of increased Russian oil supplies to India and China amid geopolitical tensions.
India's eight core infrastructure sectors recorded a two-month high growth of 1.7 per cent in April, primarily boosted by strong performances in steel, cement, and electricity production, according to government data.
Indian states significantly increased their reliance on market borrowings to finance gross fiscal deficits in 2025-26, with the share of market borrowings rising to 76.3 per cent, even as the weighted average cut-off yield on State Government Securities (SGS) and spreads over central government securities also increased.
The US Department of Homeland Security has clarified that not all immigrants seeking green cards will be required to return to their home country to make such applications, partially walking back a previous announcement.
TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.
Union Minister Ashwini Vaishnaw announced that two more semiconductor chip packaging units, part of the India Semiconductor Mission, are expected to be operational by July and December, respectively. He also highlighted India's focus on becoming a beneficiary of AI technology, expanding data centre infrastructure with significant investments, and developing new subsea cable networks for global connectivity.
The establishment had permission for only six rooms under the Delhi government's bed-and-breakfast policy but was allegedly operating around 25 rooms, including some in the basement, police sources said.
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.
Nearly 150 Indian Super League players, including national team members, face an uncertain future as their contracts expire amid ongoing disputes between the AIFF and clubs over the league's structure.
Nuh Police have arrested three alleged cyber fraudsters involved in sextortion and online fraud through fake messages. Police also recovered fake SIM cards, mobile phones, and digital data related to cyber fraud from their possession.
Global financial institutions, including Goldman Sachs and Citigroup, have invested Rs 963 crore in One 97 Communications (Paytm's parent company) through open market transactions, acquiring a 1.34 per cent stake from SAIF Partners and Elevation Capital.
The UDF government in Kerala is likely to hand over the probe into former ADM Naveen Babu's death to the CBI, with a Cabinet decision expected soon in this regard.
Foreign Portfolio Investors (FPIs) withdrew nearly Rs 33,000 crore from Indian equities in May, bringing the total outflow for 2026 to Rs 2.25 lakh crore, driven by weak earnings growth, rupee depreciation, and more attractive opportunities in other global markets.
rediffGURU Pankaj Vyavahare, career counsellor and life coach at the Bhagirath Counselling Centre, counsels students on how to make informed career choices.
Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.
India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances