News for 'global markets'

AI boom reshapes global equity markets, India slips to sixth place

AI boom reshapes global equity markets, India slips to sixth place

Rediff.com27 May 2026

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.

How UPI Is Expanding Its Global Footprint And Securing Digital Payments

How UPI Is Expanding Its Global Footprint And Securing Digital Payments

Rediff.com20 Jul 2026

Parliament was informed that UPI has onboarded 55.49 crore users by June 2026, with transactions reaching 24,162 crore in volume and Rs 314 lakh crore in value in FY 2025-26. The platform, operated by NPCI, is expanding internationally through NIPL, facilitating cross-border payments and assisting other nations in building similar systems. Significant efforts are also underway by the Government, RBI, and NPCI to enhance the security and transparency of UPI transactions, including risk-based limits, security frameworks, and public awareness campaigns against cyber-crime.

Pakistan is staring at lockdown due to fuel shortage

Pakistan is staring at lockdown due to fuel shortage

Rediff.com5 days ago

Pakistan's government is exploring measures, including potential smart lockdowns and austerity, to reduce petroleum consumption. This comes after recent fuel price hikes driven by rising global oil prices and West Asia tensions, which have also raised concerns about oil supply disruptions. The government is also implementing a fuel relief scheme and faces public pressure over the price increases.

Some give, some take for Indian automakers in EU FTA

Some give, some take for Indian automakers in EU FTA

Rediff.com14 hours ago

India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.

Willie Walsh assumes charge as IndiGo CEO, eyes global expansion

Willie Walsh assumes charge as IndiGo CEO, eyes global expansion

Rediff.com3 Aug 2026

Willie Walsh, former IATA Director General and CEO of British Airways, has officially taken charge as the CEO of IndiGo, India's largest airline, with a mandate to drive global expansion and operational excellence.

How DIIs, MFs are providing crucial stability to Indian markets

How DIIs, MFs are providing crucial stability to Indian markets

Rediff.com4 Jul 2026

Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.

Geopolitical uncertainty, elevated oil prices drag Sensex, Nifty lower

Geopolitical uncertainty, elevated oil prices drag Sensex, Nifty lower

Rediff.com14 Aug 2026

Indian benchmark indices Sensex and Nifty closed lower, with the Nifty recording its fourth consecutive day of decline, primarily due to elevated oil prices and ongoing geopolitical tensions between the US and Iran, which dampened investor sentiment.

Micron CEO Highlights India's Semiconductor Execution, Plans Massive Scale-Up

Micron CEO Highlights India's Semiconductor Execution, Plans Massive Scale-Up

Rediff.com4 days ago

Micron CEO Sanjay Mehrotra announced plans to significantly scale up the company's chip assembly and testing facility in India, moving from "vision to execution" in the nation's semiconductor ambitions. He highlighted the success of the Sanand, Gujarat plant, which is already producing "Made in India" memory chips, and the company's substantial engineering contributions from its Indian centres. Mehrotra also emphasised the critical role of memory chips in the AI era, driving Micron's growth.

Stock Markets Today: Sensex, Nifty Rebound in Early Trade Amid FII Inflows, Blue-Chip Buying

Stock Markets Today: Sensex, Nifty Rebound in Early Trade Amid FII Inflows, Blue-Chip Buying

Rediff.com9 Jul 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade on Thursday, recovering from a sharp fall in the previous session, driven by foreign fund inflows and buying in key blue-chip stocks. Track Sensex, Nifty on July 9, 2026.

Odisha's Koraput coffee served to delegates at BRICS Summit

Odisha's Koraput coffee served to delegates at BRICS Summit

Rediff.com13 Sep 2026

Odisha's Koraput Coffee, specifically the 'Tiger Bright' brand, was distributed to delegates and journalists at the 18th BRICS Summit in New Delhi. This initiative has brought international attention to the Arabica coffee grown by tribal farmers in the Koraput district, highlighting the state's local produce and the 'Vocal for Local' spirit. The coffee's unique cultivation methods and the support from the Tribal Development Co-operative Corporation of Odisha Ltd (TDCCOL) have significantly boosted its market presence and benefited tribal families.

India's Top Developers Target Rs 1.8 Trillion in Presales by FY27 Amidst Market Resilience

India's Top Developers Target Rs 1.8 Trillion in Presales by FY27 Amidst Market Resilience

Rediff.com13 Aug 2026

India's top 11 listed real estate developers are projected to achieve combined presales of 1.82 trillion by FY27, a significant increase from 1.49 trillion in FY26, demonstrating sustained sales momentum despite market challenges.

Stock markets today: Sensex, Nifty jump as IT stocks lead rally

Stock markets today: Sensex, Nifty jump as IT stocks lead rally

Rediff.com3 Jul 2026

Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.

Xi by his side, Modi warns against 'weaponisation of tech'

Xi by his side, Modi warns against 'weaponisation of tech'

Rediff.com14 Sep 2026

Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.

Sensex, Nifty decline as West Asia conflict, US rate hike concerns weigh on investor sentiment

Sensex, Nifty decline as West Asia conflict, US rate hike concerns weigh on investor sentiment

Rediff.com7 Sep 2026

Indian benchmark indices, Sensex and Nifty, closed lower on Monday due to elevated crude oil prices, escalating US-Iran hostilities, and concerns over a potential US interest rate hike, impacting investor sentiment.

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Rediff.com10 Jun 2026

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.

AI Integration To Propel India's ER&D Revenue Beyond USD 100 Billion By 2030

AI Integration To Propel India's ER&D Revenue Beyond USD 100 Billion By 2030

Rediff.com1 Sep 2026

India's Engineering Research and Development (ER&D) sector is projected to exceed USD 100 billion in revenue by 2030, driven significantly by the integration of Artificial Intelligence (AI) into engineering workflows. This growth, highlighted by Nasscom, positions India as a critical global engineering hub, necessitating focus on talent development and strategic partnerships.

Tavengwa Mukuhlani appointed new ICC deputy chairperson until 2027

Tavengwa Mukuhlani appointed new ICC deputy chairperson until 2027

Rediff.com4 days ago

Tavengwa Mukuhlani, Chairman of Zimbabwe Cricket, has been appointed as the new Deputy Chairperson of the International Cricket Council (ICC) until November 2027, succeeding Singapore's Imran Khwaja. This significant appointment is expected to bolster African cricket, especially as Zimbabwe prepares to co-host the 2027 ICC Men's Cricket World Cup.

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Rediff.com16 Aug 2026

The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.

Bajaj Finance surges 8% as Sensex, Nifty extend rally to third day

Bajaj Finance surges 8% as Sensex, Nifty extend rally to third day

Rediff.com31 Jul 2026

Indian benchmark indices Sensex and Nifty recorded their third consecutive day of gains, primarily driven by an over 8 per cent surge in Bajaj Finance following strong Q1 FY27 results, coupled with significant foreign fund inflows and a dip in crude oil prices.

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Rediff.com12 Jun 2026

Indian benchmark indices Sensex and Nifty surged significantly in early trade, tracking a global rally fueled by US President Donald Trump's declaration of an end to the war with Iran and a subsequent drop in crude oil prices.

Tata Motors steps up its global CV ambition with Iveco

Tata Motors steps up its global CV ambition with Iveco

Rediff.com30 Jun 2026

Tata Motors is set to acquire Italy's Iveco Group, a strategic move aimed at propelling the Indian automaker into the top four global commercial vehicle (CV) manufacturers, with projected annual revenues of $35 billion-$40 billion within five years.

Stock markets today: Sensex, Nifty rise on low oil price

Stock markets today: Sensex, Nifty rise on low oil price

Rediff.com29 May 2026

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.

Sensex Surges 889 Points, Nifty Crosses 24,250 on IT Gains, FII Inflows

Sensex Surges 889 Points, Nifty Crosses 24,250 on IT Gains, FII Inflows

Rediff.com29 Jul 2026

Indian benchmark indices Sensex and Nifty recorded sharp gains, rising over 1 per cent, driven by strong performances in IT stocks, HDFC Bank, and renewed foreign fund inflows, despite mixed global cues and elevated crude oil prices.

Stock Markets Today: Sensex, Nifty Rise on Bajaj Finance Q1 result

Stock Markets Today: Sensex, Nifty Rise on Bajaj Finance Q1 result

Rediff.com31 Jul 2026

Indian benchmark indices, Sensex and Nifty, opened higher on Friday, primarily driven by a significant surge in Bajaj Finance shares following its strong Q1 FY27 earnings report, coupled with continued foreign fund inflows and a dip in crude oil prices. Track Sensex, Nifty on July 31.

Stock Markets Today: Sensex, Nifty Pare Early Losses

Stock Markets Today: Sensex, Nifty Pare Early Losses

Rediff.com18 Jun 2026

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.

PM lays out seven-point Sapta Dhara framework for Viksit Bharat

PM lays out seven-point Sapta Dhara framework for Viksit Bharat

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has introduced a 'Sapta Dhara' (seven-stream) reform framework, aiming to propel India into a developed nation by 2047. This comprehensive plan focuses on key sectors including manufacturing, agro-food processing, technology, logistics, defence, green and blue economy, and soft power, leveraging the nation's youth potential.

'Washington Shouldn't Threaten A Strategic Partner'

'Washington Shouldn't Threaten A Strategic Partner'

Rediff.com3 days ago

'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Global Rally Propels Sensex Up 1,695 Points, Nifty Gains 2% on US-Iran Peace Hopes

Rediff.com12 Jun 2026

Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.

Sensex, Nifty end down amid rising crude price; Tata Group stock under pressure

Sensex, Nifty end down amid rising crude price; Tata Group stock under pressure

Rediff.com12 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, extended their decline for a second consecutive day, primarily due to elevated crude oil prices and selling pressure on Tata Group stocks following Tata Sons Chairman N Chandrasekaran's announcement that he will not seek reappointment.

'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.'

Sensex climbs 329 points on global markets' rally

Sensex climbs 329 points on global markets' rally

Rediff.com25 Aug 2025

From the Sensex firms, Infosys, Tata Consultancy Services, HCL Tech, Tech Mahindra, Tata Motors, Sun Pharma, Maruti and Titan were among the major gainers. Bharat Electronics, Asian Paints, Bharti Airtel and ICICI Bank were among the laggards.

Microsoft India President On AI's Future And Investment In The Nation

Microsoft India President On AI's Future And Investment In The Nation

Rediff.com14 hours ago

Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.

Sebi Reviews UPI Charges For Brokers

Sebi Reviews UPI Charges For Brokers

Rediff.com3 days ago

'Treating stock brokers as merchants for MDR is fundamentally misplaced.'

Markets rally for 3rd day on US-Iran peace deal, crude oil softens

Markets rally for 3rd day on US-Iran peace deal, crude oil softens

Rediff.com16 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by positive global market trends and a significant softening of crude oil prices following a peace deal between the US and Iran.

Miss These 10 Days, Lose 55% Of Your Wealth

Miss These 10 Days, Lose 55% Of Your Wealth

Rediff.com7 days ago

What happens to my money if the market falls off a cliff tomorrow? Sandipan Roy, CIO, Motilal Oswal Private Wealth has the answer.

IIMs Slip in QS MBA Rankings 2027

IIMs Slip in QS MBA Rankings 2027

Rediff.com4 days ago

'For Indian institutions this year, global peers are outpacing in key areas such as RoI, entrepreneurship, and alumni outcomes.'

India's Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership

India's Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership

Rediff.com5 days ago

GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.

Stock Markets Surge as Crude Oil Dips Below $100 Amid US-Iran Deal Hopes

Stock Markets Surge as Crude Oil Dips Below $100 Amid US-Iran Deal Hopes

Rediff.com25 May 2026

Indian benchmark equity indices Sensex and Nifty surged in early trade, driven by a sharp correction in crude oil prices below USD 100 per barrel and a rally in global markets, fuelled by improving sentiment surrounding US-Iran negotiations.

Sensex, Nifty Extend Losses as Geopolitical Concerns, Crude Prices Weigh

Sensex, Nifty Extend Losses as Geopolitical Concerns, Crude Prices Weigh

Rediff.com8 Sep 2026

Indian stock market benchmark indices Sensex and Nifty recorded their second consecutive day of decline, with the Sensex dropping 555.23 points and the Nifty falling 144.05 points, primarily due to rising crude oil prices and ongoing US-Iran hostilities in West Asia.

India Must Diversify Services Exports For Sustainable Growth

India Must Diversify Services Exports For Sustainable Growth

Rediff.com9 Sep 2026

Commerce Secretary Rajesh Agarwal highlighted the critical need for India to diversify its services exports beyond the dominant IT/ITeS and professional services sectors. Speaking at the Global Fintech Fest 2026, he emphasised the vast potential in the global financial services market, where India currently holds a small share, and stressed how fintech solutions, like UPI, can drive growth, reduce remittance costs, and support MSME trade finance, ultimately leading to sustainable economic expansion.