News for 'global markets'

Sunil Mittal set to step down as Airtel Africa chairman

Sunil Mittal set to step down as Airtel Africa chairman

Rediff.com26 Mar 2026

Sunil Bharti Mittal, 68, will retire as chairman of Airtel Africa in July after the conclusion of this year's annual general meeting (AGM), the board of the African arm of India's second-largest telecom service provider Bharti Airtel said in a statement to the exchanges on Wednesday.

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.

Global Investing: What YOU Must Know

Global Investing: What YOU Must Know

Rediff.com16 Oct 2025

Here's what Indian investors diversifying into equities, ETFs, and real estate abroad to manage risk, returns, and currency exposure must watch out for.

Quite possible that rates will remain low in the near to medium term, says RBI Governor

"Quite possible that rates will remain low in the near to medium term," says RBI Governor

Rediff.com9 Apr 2026

"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.

Phew! India Secures Month-Long LPG Supply

Phew! India Secures Month-Long LPG Supply

Rediff.com27 Mar 2026

Around one full month of supply is firmly arranged with additional procurement being continuously finalised, and oil companies are successfully delivering over 5 million cylinders every day.

Online Share Trading Scam Costs Pune Doctor 1.2 Million

Online Share Trading Scam Costs Pune Doctor 1.2 Million

Rediff.com9 Apr 2026

A 75-year-old doctor from Pune was defrauded of Rs 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.

Iran Ceasefire Hours From Collapse

Iran Ceasefire Hours From Collapse

Rediff.com21 Apr 2026

Trump has made it clear: the US will not lift its blockade of Iranian ports until a deal is signed.

Tanker With Iranian Oil Heads To India, First Since 2019

Tanker With Iranian Oil Heads To India, First Since 2019

Rediff.com2 Apr 2026

A US-sanctioned tanker carrying Iranian crude oil is heading to India, marking the resumption of oil imports from Iran after seven years.

Saudi Arabia pledges additional $3 billion support to Pakistan

Saudi Arabia pledges additional $3 billion support to Pakistan

Rediff.com15 Apr 2026

Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.

Pune Doctor Duped of 12.31 Crore in Online Share Trading Fraud

Pune Doctor Duped of 12.31 Crore in Online Share Trading Fraud

Rediff.com8 Apr 2026

A 75-year-old doctor in Pune was defrauded of 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.

Can Asim Munir seal a US-Iran deal after Sharif's failed effort?

Can Asim Munir seal a US-Iran deal after Sharif's failed effort?

Rediff.com17 Apr 2026

Pakistan's Chief of Defence Forces Field Marshal Asim Munir held talks with Iranian leaders in Tehran to help resolve the conflict between the US and Iran, following a recent ceasefire agreement.

West Asia War Clouds RBI Outlook

West Asia War Clouds RBI Outlook

Rediff.com30 Mar 2026

Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.

Inflation data and activities of foreign investors to drive markets

Inflation data and activities of foreign investors to drive markets

Rediff.com14 Dec 2025

WPI inflation data, trading activity of foreign investors and global cues would dictate trends in the stock market this week, analysts said.

Anthropic's Scores Big On India Revenue

Anthropic's Scores Big On India Revenue

Rediff.com19 Feb 2026

India is emerging as Claude.ai's second-largest user base, driven by strong adoption in coding, maths and enterprise AI tasks.

'Dhurandhar Is Not A Ranveer Singh Film'

'Dhurandhar Is Not A Ranveer Singh Film'

Rediff.com2 Apr 2026

The monumental box office success of the Dhurandhar franchise has been attributed to Director Aditya Dhar's creative vision, rather than lead star Ranveer Singh's appeal.

Gold and Silver Prices Soar as West Asia Conflict Intensifies

Gold and Silver Prices Soar as West Asia Conflict Intensifies

Rediff.com2 Mar 2026

Precious metal prices, particularly gold and silver, experienced a significant surge in the national capital as investors sought safe-haven assets amid escalating hostilities in the Middle East.

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.

L&T eyes global nuclear supply chain expansion

L&T eyes global nuclear supply chain expansion

Rediff.com19 Dec 2025

Construction major L&T is gearing up to expand its footprint in the global nuclear supply chain, a senior company official has said, while calling for amendments to key legislations on the domestic front to pave the way for the entry of private players and foreign capital necessary for capacity enhancement.

FPIs Pull Out Record 1.04 Trillion In March

FPIs Pull Out Record 1.04 Trillion In March

Rediff.com24 Mar 2026

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

India, US to continue efforts to finalise interim trade deal: USTR

India, US to continue efforts to finalise interim trade deal: USTR

Rediff.com2 Apr 2026

India and the United States are committed to finalising an interim trade agreement, despite recent challenges including the US imposing a blanket 10 per cent surcharge and India's decision to wait for a new global tariff architecture. The US Trade Representative's annual report highlights India's maintained high import tariffs and various non-tariff barriers across several sectors.

'To ease pressure': Trump on Russian oil waiver to India

'To ease pressure': Trump on Russian oil waiver to India

Rediff.com8 Mar 2026

When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."

Hormuz Blockade Is The New Battlefield

Hormuz Blockade Is The New Battlefield

Rediff.com16 Apr 2026

The clock on the ceasefire is running out. But everyone's already whispering about round two, possibly as soon as this weekend.

Will Trump Attend Islamabad Peace Talks?

Will Trump Attend Islamabad Peace Talks?

Rediff.com15 Apr 2026

The intriguing bit is that Trump is likely to attend the talks in Islamabad this weekend -- if he does, it will be the clearest signal yet that the US is ready to exit the war with some sort of win to show, since he cannot afford to go for the talks and return empty-handed, notes Prem Panicker in his must read blog on the Iran War

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.

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com23 Apr 2026

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

Pakistan hikes fuel price by 200% amid Iran war

Pakistan hikes fuel price by 200% amid Iran war

Rediff.com23 Mar 2026

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.

US Fed decision, FIIs trading activity to drive markets this week

US Fed decision, FIIs trading activity to drive markets this week

Rediff.com7 Dec 2025

The US Fed's interest rate decision will be the major factor dictating trends in the domestic equity market this week, with global movements and foreign investor activity also influencing sentiment, according to analysts. Stock markets ended the last week on a subdued note, with benchmark indices Sensex and Nifty closing flat.

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.com20 Mar 2026

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.

NSE Targets Rs 7 Trillion Valuation

NSE Targets Rs 7 Trillion Valuation

Rediff.com25 Mar 2026

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

IPO Market Shows No Sign Of Slowing

IPO Market Shows No Sign Of Slowing

Rediff.com2 Jan 2026

'The first time India has seen two consecutive blockbuster IPO years.'

The Clock In Islamabad Is Ticking. And The World Is Watching Anxiously...

The Clock In Islamabad Is Ticking. And The World Is Watching Anxiously...

Rediff.com9 Apr 2026

The delegations from the US and Iran head to Islamabad on Friday, carrying a ceasefire that is already fraying, a Strait that is technically open and practically closed, and a negotiating agenda that would challenge even parties actually negotiating in good faith, which these groups are not. Prem Panicker continues his must read blog on the Iran War.

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.

At No 4, VinFast Racing Towards Podium Finish in India EV Market

At No 4, VinFast Racing Towards Podium Finish in India EV Market

Rediff.com9 Feb 2026

Six months after its India debut, the Vietnamese automaker has overtaken established players such as Hyundai Motor, BMW, Kia, and Chinese EV major BYD.

No date yet for next round of US-Iran talks, says Pakistan

No date yet for next round of US-Iran talks, says Pakistan

Rediff.com16 Apr 2026

Pakistan is playing a key role in facilitating talks between the US and Iran, but the future of these negotiations remains uncertain. Despite ongoing diplomatic efforts, no dates have been set for a second round of discussions.

Wipro Q4 profit falls 1.8% to Rs 3,502 crore

Wipro Q4 profit falls 1.8% to Rs 3,502 crore

Rediff.com16 Apr 2026

IT major Wipro reported a consolidated net profit of Rs 3,501.8 crore for March quarter FY26, a 1.89 per cent decrease from the previous year, amidst a challenging macroeconomic environment. The company also announced a mega Rs 15,000 crore share repurchase programme.

Recovery in global markets pushes Sensex by 491 points

Recovery in global markets pushes Sensex by 491 points

Rediff.com17 Oct 2022

Benchmark stock indices Sensex and Nifty closed higher for a second straight session on Monday following buying in index majors Reliance Industries, ICICI Bank and recovery in global markets.

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.com24 Mar 2026

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.

Does The US Plan To Continue This War For 'One Or Two Years'?

Does The US Plan To Continue This War For 'One Or Two Years'?

Rediff.com30 Mar 2026

This weekend, Donald Trump has begun to say the quiet part out loud -- that he wants to take control of Iran's oil, a formulation more in line with his robber-baron style of international relations.

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Rediff.com3 Apr 2026

A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.