News for 'industrial decline'

Power Sector Energised by Strong Demand, Capex, Driving Stocks to New Highs

Power Sector Energised by Strong Demand, Capex, Driving Stocks to New Highs

Rediff.com29 May 2026

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.

CBSE, NEET Row May Raise Hiring Costs

CBSE, NEET Row May Raise Hiring Costs

Rediff.com11 Jun 2026

'For every 10,000 applicants, even an additional Rs 300 to Rs 700 per candidate for testing, assessment administration and re-screening can mean Rs 30 lakh to Rs 70 lakh extra at the hiring-stage cost before training begins.'

India's Auto Retail Sales Hit Record High in May Despite Fuel Price Hike

India's Auto Retail Sales Hit Record High in May Despite Fuel Price Hike

Rediff.com8 Jun 2026

India's total automobile retail sales recorded a significant 9.55 per cent year-on-year growth in May, reaching an all-time high of 25,31,067 units, driven by strong performances in three-wheelers, passenger vehicles, and tractors, despite prevailing heatwave conditions and fuel price pressures.

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com9 Jun 2026

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

Sun Pharma US generics biz remains under pressure

Sun Pharma US generics biz remains under pressure

Rediff.com23 May 2026

Sun Pharmaceutical Industries reported strong consolidated numbers for Q4 FY26, with net profit rising 26 per cent year-on-year to 2,714 crore, despite continued weakness in its US generics business. Growth in innovative medicines and increased R&D investments are helping to offset these pressures.

Crisil: India's Toll Collection Growth to Ease to 5-7% in FY27

Crisil: India's Toll Collection Growth to Ease to 5-7% in FY27

Rediff.com28 May 2026

India's toll collection growth is projected to moderate to 5-7 per cent year-on-year in FY27, a 150-200 basis points reduction, primarily due to the economic impact of the West Asia conflict and a slowdown in commercial traffic, according to Crisil Ratings.

Gold extends gains to Rs 1.65 lakh/10g; silver rebounds Rs 5,000

Gold extends gains to Rs 1.65 lakh/10g; silver rebounds Rs 5,000

Rediff.com21 May 2026

Gold prices in the national capital surged by Rs 600 to Rs 1.65 lakh per 10 grams, extending gains for the third consecutive day, while silver rebounded by Rs 5,000 to Rs 2.71 lakh per kilogram, driven by geopolitical tensions and inflation concerns.

Sedans Hold Ground In Luxury Market Despite SUV Wave

Sedans Hold Ground In Luxury Market Despite SUV Wave

Rediff.com2 Jun 2026

While SUVs have steadily gained share across the industry, data shows that nearly three in 10 luxury vehicles sold in India are sedans, highlighting the segment's resilience despite years of SUV-led growth.

India, Venezuela vow long-term energy tie-up

India, Venezuela vow long-term energy tie-up

Rediff.com4 Jun 2026

India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Rediff.com2 Jun 2026

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.

Four of top valued firms lose Rs 1 lakh crore in market cap; SBI biggest laggard

Four of top valued firms lose Rs 1 lakh crore in market cap; SBI biggest laggard

Rediff.com10 May 2026

The combined market valuation of four of India's top-10 most valued firms, including State Bank of India, Bharti Airtel, Tata Consultancy Services, and Larsen & Toubro, eroded by Rs 1 lakh crore last week amidst a volatile and range-bound equity market.

Rahul Gandhi Accuses Modi, Mamata Of Failing The Poor

Rahul Gandhi Accuses Modi, Mamata Of Failing The Poor

Rediff.com25 Apr 2026

Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi and West Bengal Chief Minister Mamata Banerjee, accusing them of prioritising the wealthy over the poor and failing to create job opportunities.

How India plans to counter external risks facing its economy

How India plans to counter external risks facing its economy

Rediff.com9 Jun 2026

The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Rediff.com22 May 2026

Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Rediff.com12 May 2026

Indian investors have seen their wealth erode by a staggering Rs 16.77 lakh crore over four trading sessions, as the markets faced deep losses driven by elevated crude oil prices, geopolitical tensions, persistent foreign fund outflows, and a record-low rupee.

RBI interest rate decision, US-Iran situation to be key market drivers this week

RBI interest rate decision, US-Iran situation to be key market drivers this week

Rediff.com1 Jun 2026

The Indian equity market is set for an event-heavy week, with analysts pointing to the Reserve Bank of India's (RBI) interest rate decision, developments in the US-Iran situation, and crude oil prices as the primary determinants of market trends.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com15 May 2026

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

Bank Frauds Drop, Losses Soar

Bank Frauds Drop, Losses Soar

Rediff.com2 Jun 2026

The highest number of frauds was reported under the card, Internet, and digital payments categories in FY24 and FY25. 'Advances' accounted for the largest share (85.5 per cent) in FY26.

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

Rediff.com27 May 2026

Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Rediff.com18 May 2026

India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.

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.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Rediff.com27 May 2026

Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.

Gold import duty hike to spur grey market, smuggling, say exporters

Gold import duty hike to spur grey market, smuggling, say exporters

Rediff.com13 May 2026

The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.

Rising Fuel Prices, Monsoon Worries Pressure India's Consumption Stocks

Rising Fuel Prices, Monsoon Worries Pressure India's Consumption Stocks

Rediff.com21 May 2026

India's consumption stocks, which have outperformed the broader market, are now facing significant pressure due to a gradual rise in fuel prices and the potential for higher inflation. Analysts warn that companies may be forced to pass on increased input costs to consumers, potentially hurting demand across both staples and discretionary categories, with a looming threat of deficient monsoon rainfall further exacerbating inflationary concerns.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

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.

Balrampur Chini's Bio-Plastic Plant To Generate 2,000 Crore Revenue

Balrampur Chini's Bio-Plastic Plant To Generate 2,000 Crore Revenue

Rediff.com17 May 2026

Balrampur Chini Mills Ltd anticipates annual revenue of approximately Rs 2,000 crore from its new bio-plastic plant in Uttar Pradesh, scheduled for commissioning in the December quarter. The company is investing over Rs 3,000 crore in the Poly Lactic Acid (PLA) plant with a capacity of 80,000 tonnes per annum.

Bishnoi gang claims firing outside home of Punjabi actor Dosanjh's manager

Bishnoi gang claims firing outside home of Punjabi actor Dosanjh's manager

Rediff.com13 May 2026

Police are investigating claims of a firing incident outside the residence of Diljit Dosanjh's manager in Karnal, allegedly at the behest of gangster Lawrence Bishnoi's aides. The incident has sparked a political row, with AAP accusing BJP of intimidation tactics after Dosanjh declined to join the party.

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Rediff.com28 Apr 2026

Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.

Stock markets open in red, Sensex tank over 500 pts, Nifty down to 23K

Stock markets open in red, Sensex tank over 500 pts, Nifty down to 23K

Rediff.com20 May 2026

Indian benchmark equity indices, the BSE Sensex and NSE Nifty, experienced a significant drop in early trade due to elevated oil prices, weak global market trends, and renewed fears of military operations in the Middle East following US President Donald Trump's statements regarding Iran. Track Sensex, Nifty on May 20.

Stock Markets Today: Sensex, Nifty50 Down on Strait of Hormuz Tensions, Weak Rupee

Stock Markets Today: Sensex, Nifty50 Down on Strait of Hormuz Tensions, Weak Rupee

Rediff.com5 May 2026

Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.

The Bihar I Have Begun To Believe In

The Bihar I Have Begun To Believe In

Rediff.com3 Jun 2026

Bihar's greatest resource is not beneath its soil but above it -- its people. With a population approaching 140 million and one of India's youngest demographic profiles, Bihar possesses an asset many societies would envy, explains Bihar Governor Lieutenant General Syed Ata Hasnain (retd).

Why You Should Seriously Consider AI As A Career

Why You Should Seriously Consider AI As A Career

Rediff.com28 Apr 2026

Growth in AI engineering hiring is being driven by rapid AI adoption across organisations of all sizes, said the LinkedIn report.

Mission Sudarshan Chakra Action Plan Ready

Mission Sudarshan Chakra Action Plan Ready

Rediff.com19 May 2026

Under Mission Sudarshan Chakra, the country's national security shield is to be expanded by 2035 to ensure comprehensive protection of both strategic and civilian critical infrastructure.

Vijay's Election Triumph Set To Revive Jana Nayagan Release

Vijay's Election Triumph Set To Revive Jana Nayagan Release

Rediff.com12 May 2026

Vijay's electoral triumph in Tamil Nadu is poised to dramatically revive the fortunes of his much-anticipated final film, Jana Nayagan, which has been plagued by release delays, censorship battles, and a cancelled streaming deal.

Investors slow to lap up FMCG majors' stocks wanes

Investors slow to lap up FMCG majors' stocks wanes

Rediff.com28 Apr 2026

Companies in the fast-moving consumer goods (FMCG) sector are losing favour with equity investors, with their price-to-earnings (P/E) ratio declining to its lowest level in six years, now trading at 38.8 times trailing earnings.

Arvind Subramanian: Be Wary of China Bashing

Arvind Subramanian: Be Wary of China Bashing

Rediff.com14 May 2026

It seems odd to criticise a country for delivering growth rates in standards of living and consumption that have been perhaps the fastest, longest, and most broad-based (affecting hundreds of millions of people) in history, points out Arvind Subramanian.

TVS Motor set for continued outperformance driven by EVs, premium bikes, and exports

TVS Motor set for continued outperformance driven by EVs, premium bikes, and exports

Rediff.com15 May 2026

TVS Motor Company is strategically positioned for sustained outperformance in the domestic two-wheeler industry, propelled by increasing market share in scooters, premium motorcycles, electric vehicles (EVs), and robust export growth, according to analysts.

Sensex Rises Over 400 Points, Nifty Crosses 23,800 Amid Positive Market Sentiment

Sensex Rises Over 400 Points, Nifty Crosses 23,800 Amid Positive Market Sentiment

Rediff.com15 May 2026

Sensex gains over 400 points while Nifty trades above 23,800 amid strong IT sector buying.