News for 'global market'

Gold, silver futures plummet 9% to hit lower circuit

Gold, silver futures plummet 9% to hit lower circuit

Rediff.com1 Feb 2026

Gold and silver prices plunged up to 9 per cent in futures trade on Sunday, hitting their lower circuit levels ahead of the Union Budget for 2026-27, as investors extended profit booking after the recent record-breaking rally.

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

Rediff.com11 Mar 2026

S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.

Los Angeles Knight Riders unveil home ground in southern California

Los Angeles Knight Riders unveil home ground in southern California

Rediff.com7 days ago

The Los Angeles Knight Riders on Thursday unveiled the Knight Riders Cricket Field at Fairplex in Pomona, California, which is set to serve as their base for the upcoming season of Major League Cricket in the United States.

'Trump ka naya khel': Cong after 30-day waiver on Russian oil purchase

'Trump ka naya khel': Cong after 30-day waiver on Russian oil purchase

Rediff.com6 Mar 2026

The Congress has strongly criticised the US government's temporary waiver allowing India to purchase Russian oil, raising concerns about continued 'American blackmail' and its impact on India's energy policy.

FPIs Pull Out Record 1.04 Trillion In March

FPIs Pull Out Record 1.04 Trillion In March

Rediff.com2 days ago

Domestic institutional investors, on the other hand, made a net investment of Rs 1.13 trillion during this period.

Modi speaks to France, Oman, Malaysia leaders amid Gulf energy hub strikes

Modi speaks to France, Oman, Malaysia leaders amid Gulf energy hub strikes

Rediff.com7 days ago

Amidst escalating tensions in West Asia, India strongly condemns the recent attacks on energy infrastructure, warning of further destabilisation to the already uncertain global energy market.

Multinational pharma cos, Indian drugmakers diverge to mutual gain: How win-win is it?

Multinational pharma cos, Indian drugmakers diverge to mutual gain: How win-win is it?

Rediff.com11 Mar 2026

For decades, multinational pharmaceutical companies and Indian drugmakers worked in ways that supported each other: MNCs brought innovation and brands, while Indian companies built scale through generics and cost efficiency. There was an important overlap - generic drugs - but this is shrinking fast. And the consequences are reshaping India's gigantic pharmaceutical market.

Stock markets end higher; ITC, banks lead recovery

Stock markets end higher; ITC, banks lead recovery

Rediff.com6 Feb 2026

Stock markets closed higher on Friday after the Reserve Bank of India kept its benchmark interest rate unchanged as expected and proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.

West Asia crisis: Stocks suffer worst week in years, echoing Covid chaos

West Asia crisis: Stocks suffer worst week in years, echoing Covid chaos

Rediff.com14 Mar 2026

Benchmark indices tumbled about 2 per cent on Friday, capping one of the most turbulent weeks for domestic equities as investors fretted that the West Asian conflict could drag on for weeks or even months.

Renault Lists India Among 3 Key Growth Hubs Outside Europe

Renault Lists India Among 3 Key Growth Hubs Outside Europe

Rediff.com11 Mar 2026

Between now and 2030, four new models will be designed and assembled in India, including 100 per cent electric and full-hybrid cars.

NSE Targets Rs 7 Trillion Valuation

NSE Targets Rs 7 Trillion Valuation

Rediff.com1 days ago

At the upper end of that range, the bourse would rank among the seven most valuable listed firms in the country.

The Investor Trap Called Confirmation Bias

The Investor Trap Called Confirmation Bias

Rediff.com13 Mar 2026

'It is not a modern flaw created by markets or media, but a deep-seated human trait with evolutionary roots,' explains Harsh Roongta.

'Budget Likely To Be Non-Event For Markets'

'Budget Likely To Be Non-Event For Markets'

Rediff.com31 Jan 2026

'When markets go into a budget with excessive optimism, the risk of disappointment is higher.'

The Investor Trap Called Confirmation Bias

The Investor Trap Called Confirmation Bias

Rediff.com13 Mar 2026

'It is not a modern flaw created by markets or media, but a deep-seated human trait with evolutionary roots,' explains Harsh Roongta.

Sensex jumps 650 points on buying in power, banking stocks

Sensex jumps 650 points on buying in power, banking stocks

Rediff.com16 Feb 2026

Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Monday, driven by strong buying in power, banking, and financial stocks.

Pakistan hikes fuel price by 200% amid Iran war

Pakistan hikes fuel price by 200% amid Iran war

Rediff.com3 days ago

Pakistan has significantly increased the price of high-octane fuel, impacting luxury vehicle owners, while also seeing increases in petrol, diesel, and airline fares due to rising global oil prices.

Centre calls all-party meet on West Asia crisis, Rahul to skip

Centre calls all-party meet on West Asia crisis, Rahul to skip

Rediff.com2 days ago

The Indian government has convened an all-party meeting to discuss the ongoing crisis in West Asia, following Prime Minister Modi's address to Parliament on the situation and its potential impact on India.

US 'grants' India-like waiver to all countries to buy Russian oil

US 'grants' India-like waiver to all countries to buy Russian oil

Rediff.com13 Mar 2026

The Trump administration has announced a temporary authorisation for countries to purchase Russian oil stranded at sea, aiming to stabilise global energy markets amid rising oil prices and tensions with Iran.

STT hike on Futures drags markets down; Sensex crashes 1,547 points

STT hike on Futures drags markets down; Sensex crashes 1,547 points

Rediff.com1 Feb 2026

Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.

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.

Govt Rejigs Gas Allocation: LPG, CNG, piped cooking gas get top priority

Govt Rejigs Gas Allocation: LPG, CNG, piped cooking gas get top priority

Rediff.com10 Mar 2026

The Indian government has revised its natural gas allocation priorities, placing LPG production alongside CNG and piped cooking gas at the top, due to disruptions in imported gas supplies caused by the conflict in West Asia.

Israel agrees to hold off Iran gas field strikes at Trump's 'request'

Israel agrees to hold off Iran gas field strikes at Trump's 'request'

Rediff.com6 days ago

The ongoing conflict involving the United States, Israel, and Iran intensified sharply with attacks on critical energy infrastructure across the Gulf, even as US President Donald Trump said he had cautioned Israeli Prime Minister Benjamin Netanyahu against targeting Iran's key South Pars Gas Field.

Experts Call for Unified Framework to Boost India's Energy Storage Capacity

Experts Call for Unified Framework to Boost India's Energy Storage Capacity

Rediff.com1 days ago

Industry experts and the India Energy Storage Alliance (IESA) advocate for a unified framework to address the significant supply gap in domestic cell manufacturing, crucial for enhancing India's energy storage capabilities and reducing reliance on imports.

FPIs withdraw Rs 21,000 cr in last four trading sessions amid West Asia conflict

FPIs withdraw Rs 21,000 cr in last four trading sessions amid West Asia conflict

Rediff.com8 Mar 2026

Foreign investors pulled out Rs 21,000 crore (around $2.3 billion) from Indian equities over the last four trading sessions amid deteriorating global risk sentiment triggered by the West Asia crisis.

Iran reports attack on nuclear site, no radiation leak

Iran reports attack on nuclear site, no radiation leak

Rediff.com5 days ago

The Natanz nuclear facility is one of Iran's key nuclear installations and has previously been at the centre of international concerns over Tehran's nuclear programme.

Sensex crashes over 1K points on selling in metal, IT stocks

Sensex crashes over 1K points on selling in metal, IT stocks

Rediff.com13 Feb 2026

Benchmark equity indices Sensex and Nifty tumbled more than 1 per cent on Friday due to across-the-board selloff, especially in metal, IT and commodity stocks, tracking sluggish global markets.

Sensex rises 222 points helped by rally in L&T

Sensex rises 222 points helped by rally in L&T

Rediff.com29 Jan 2026

Benchmark stock indices Sensex and Nifty closed higher on Thursday, helped by a rally in blue-chip Larsen & Toubro and the Economic Survey projecting the GDP growth of 6.8-7.2 per cent for the next fiscal.

India Navigates West Asia Crisis: Ensuring Energy Security and Citizen Safety

India Navigates West Asia Crisis: Ensuring Energy Security and Citizen Safety

Rediff.com7 days ago

India addresses the escalating conflict in West Asia, outlining its diplomatic efforts to ensure energy security, the safety of its citizens, and advocating for a peaceful resolution through dialogue.

IndiGo to face pressure from fuel price spike: Moody's

IndiGo to face pressure from fuel price spike: Moody's

Rediff.com17 Mar 2026

IndiGo airline will face near-term pressure on profitability from rising fuel prices following the escalation of conflict in West Asia, though it is likely to pass on higher costs to passengers over time because its ticket booking cycle is relatively short, according to a report by Moody's Ratings.

Digital Economy to Contribute 20% to India's GDP by 2030

Digital Economy to Contribute 20% to India's GDP by 2030

Rediff.com17 Mar 2026

India's digital economy is projected to constitute nearly 20 per cent of the nation's GDP by 2030, fuelled by a growth rate twice as fast as the overall economy, according to a senior government official.

Street Signs: Narrowing window, upping the colo game, and test of patience

Street Signs: Narrowing window, upping the colo game, and test of patience

Rediff.com9 Mar 2026

With domestic markets turning choppy, investors are increasingly scouting for opportunities overseas to diversify portfolios and hedge against a weakening rupee.

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Rediff.com1 Feb 2026

Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.

Govt says fuel stocks adequate, warns against panic buying

Govt says fuel stocks adequate, warns against panic buying

Rediff.com2 days ago

The Indian government has reassured citizens that the country has sufficient reserves of petrol, diesel, and LPG, and that refineries are operating at high capacity despite global supply chain disruptions. They have urged citizens to avoid panic buying and hoarding.

Jaishankar speaks to Russia, EU on West Asia crisis amid oil concerns

Jaishankar speaks to Russia, EU on West Asia crisis amid oil concerns

Rediff.com11 Mar 2026

External Affairs Minister S Jaishankar discussed the West Asia conflict and its impact on energy supplies with his Russian counterpart Sergey Lavrov and EU's Foreign Policy chief Kaja Kallas.

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rediff.com13 Mar 2026

The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.

Trump raises global tariff from 10% to 15% day after SC ruling

Trump raises global tariff from 10% to 15% day after SC ruling

Rediff.com21 Feb 2026

Following a Supreme Court setback, Donald Trump has announced an increase in global tariffs from 10% to 15%, impacting international trade relations and raising concerns about economic repercussions.

West Asia crisis: Modi asks Indians to 'be ready for every eventuality'

West Asia crisis: Modi asks Indians to 'be ready for every eventuality'

Rediff.com2 days ago

Prime Minister Narendra Modi addresses the Rajya Sabha, detailing India's strategies to navigate the global energy crisis sparked by the West Asia conflict, including securing diverse energy sources and expanding strategic oil reserves.

Airline stocks fly into rough weather again

Airline stocks fly into rough weather again

Rediff.com7 days ago

India's aviation sector is facing fresh turbulence, with rising fuel costs, the Ministry of Civil Aviation's free-seat directive, and geopolitical disruptions in West Asia clouding near-term earnings visibility.

AI Learning Surges in India

AI Learning Surges in India

Rediff.com3 days ago

Learners in India prefer to pursue newer courses, such as Gen AI by building apps and code using the technology, along with learning about it.

Trump signals winding down Iran ops as US sends more troops

Trump signals winding down Iran ops as US sends more troops

Rediff.com5 days ago

In a post on Truth Social, Trump outlined key goals of the campaign, including degrading Iran's missile capabilities, dismantling its defence industrial base, eliminating naval and air power, preventing Tehran from acquiring nuclear capability, and protecting United States allies such as Israel, Saudi Arabia and the United Arab Emirates.