News for 'market recovery'

Two Arrested After Shootout In Karol Bagh Firing Case

Two Arrested After Shootout In Karol Bagh Firing Case

Rediff.com10 May 2026

Delhi Police arrested two alleged shooters wanted in connection with a Karol Bagh firing case after a brief exchange of fire in the Kamla Market area. The accused, identified as Deepanshu alias Sahil Bouncer and Avinash, were apprehended during an anti-gangster operation.

Why Rupee's Pain Is Self-Inflicted

Why Rupee's Pain Is Self-Inflicted

Rediff.com9 Jun 2026

Why would a country that requires close to $90 billion in net foreign capital annually to create jobs, build productive capacity, and sustain rapid growth permit $30 billion of capital to flow abroad, thereby contributing to pressure on the rupee? asks Debashis Basu.

DRI Seizes Cocaine Worth 13.2 Cr At Mumbai Airport

DRI Seizes Cocaine Worth 13.2 Cr At Mumbai Airport

Rediff.com16 May 2026

The Directorate of Revenue Intelligence (DRI) seized cocaine valued at 13.2 crore from two passengers in separate operations at the Chhatrapati Shivaji Maharaj International Airport.

How India Busted An International 'Jihadi Drug' Syndicate

How India Busted An International 'Jihadi Drug' Syndicate

Rediff.com16 May 2026

The Narcotics Control Bureau has busted an international drug syndicate involved in trafficking Captagon, seizing approximately 227.7 kg of the 'jihadi drug' worth Rs 182 crore.

20 Kg Charas Seized Off Gujarat's Kutch Coast

20 Kg Charas Seized Off Gujarat's Kutch Coast

Rediff.com13 May 2026

Police in Gujarat's Kutch district seized 20 packets of charas, each weighing one kilogram, from an island off the Jakhau port. The contraband is estimated to be worth Rs 2.5 lakh per kilogram in the international market.

Jharkhand Police Nab Five, Seize Narcotics Worth Lakhs

Jharkhand Police Nab Five, Seize Narcotics Worth Lakhs

Rediff.com22 May 2026

Jharkhand Police arrested five individuals and seized narcotics worth over Rs 50 lakh in separate operations across Chatra and Hazaribag districts. Opium husks and brown sugar were recovered, and investigations are ongoing to apprehend further suspects.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Piramal Pharma looks to return on growth path

Piramal Pharma looks to return on growth path

Rediff.com8 May 2026

Piramal Pharma anticipates a significant turnaround in financial year 2026-27 (FY27), projecting early-to-mid teens revenue expansion and a sharp improvement in profitability, driven by improved business momentum, new product acquisitions, and structural tailwinds.

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Rediff.com24 May 2026

A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

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.

Two months of West Asia war: Analysts see smallcap's outperformance continuing

Two months of West Asia war: Analysts see smallcap's outperformance continuing

Rediff.com29 Apr 2026

Despite geopolitical tensions and FII outflows, Indian small and midcap stocks have not only recovered losses but are also outperforming largecap indices, driven by attractive valuations, domestic institutional support, and a rebound in earnings.

Marijuana Worth Over Rs 24 Crore Seized At Delhi Airport

Marijuana Worth Over Rs 24 Crore Seized At Delhi Airport

Rediff.com7 May 2026

Customs officials at Delhi's Indira Gandhi International Airport seized over 24 kg of suspected marijuana, valued at over Rs 24 crore, in three separate cases involving passengers arriving from Bangkok.

How Lucknow Police Busted Kinnar Gang Targeting Women

How Lucknow Police Busted Kinnar Gang Targeting Women

Rediff.com5 May 2026

Lucknow Police have arrested three members of a kinnar (eunuch) gang accused of extorting money and valuables from women in markets and residential areas. The gang used intimidation tactics, including obscene behaviour, to pressure victims into handing over cash and jewellery.

Dabur faces a tangle of growth headwinds

Dabur faces a tangle of growth headwinds

Rediff.com23 Apr 2026

Dabur India's stock has fallen over 17 per cent since the start of the Iran war, driven by concerns over a weak monsoon, the West Asian crisis, and rising input costs, which are expected to impact the company's revenues and margins, particularly affecting its significant rural sales and international markets.

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Rediff.com8 May 2026

Maruti Suzuki India's shares gained over 2.5 per cent after a strong March-quarter performance, with analysts maintaining a positive medium-term outlook driven by buoyant domestic market volumes, capacity expansion, and export growth, despite anticipated near-term margin pressures from higher commodity prices and startup costs.

Jharkhand Police Crackdown: Narcotics And Illicit Liquor Seized

Jharkhand Police Crackdown: Narcotics And Illicit Liquor Seized

Rediff.com12 May 2026

Jharkhand Police seized narcotics and illicit foreign liquor worth over Rs 8.85 lakh and arrested 12 people across four districts in separate operations.

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com18 May 2026

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

Why Paytm Shares Soared After Profit Announcement

Why Paytm Shares Soared After Profit Announcement

Rediff.com7 May 2026

Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.

India-made cars now popular across global markets: Economic Survey

India-made cars now popular across global markets: Economic Survey

Rediff.com29 Jan 2026

Rising automobile exports are reflective of the increasing acceptance of India-manufactured vehicles across global markets, according to Economic Survey 2025-26.

Fake Branded Jeans Manufacturing Racket Busted In Delhi

Fake Branded Jeans Manufacturing Racket Busted In Delhi

Rediff.com15 May 2026

Delhi Police busted a counterfeit garment manufacturing racket in Naraina Industrial Area, seizing over 3,400 fake branded jeans, forged labels, and stitching machines.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

Gujarat ATS Seizes Huge Cocaine Haul Off Mundra Port

Gujarat ATS Seizes Huge Cocaine Haul Off Mundra Port

Rediff.com27 May 2026

The Gujarat ATS and the Indian Coast Guard seized 115 kg of cocaine valued at nearly Rs 1,150 crore from a vessel off Mundra port and apprehended three foreign nationals.

Gulf War: Big Lessons For Investors

Gulf War: Big Lessons For Investors

Rediff.com11 May 2026

History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.

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.

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rupee Recovers After Hitting Record Low Amid Gulf Tensions

Rediff.com5 May 2026

The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.

India's Forex Reserves Surge Past $700 Billion

India's Forex Reserves Surge Past $700 Billion

Rediff.com17 Apr 2026

India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.

Illegal Arms Network Busted In Delhi; Three Arrested

Illegal Arms Network Busted In Delhi; Three Arrested

Rediff.com26 Apr 2026

Delhi Police have busted an illegal arms supply network operating between Delhi and western Uttar Pradesh, arresting three people, including a key supplier from Meerut.

Same store sales, buyer growth lift jewellery majors in March quarter

Same store sales, buyer growth lift jewellery majors in March quarter

Rediff.com16 Apr 2026

Leading jewellery companies, Titan Company and Kalyan Jewellers India, have reported better-than-expected top-line growth in Q4 FY26, driven by robust same-store sales growth, higher average ticket sizes, and an improvement in buyer growth, signalling a strong recovery in demand.

Chicago University Honours Ex-CEA Krishnamurthy Subramanian

Chicago University Honours Ex-CEA Krishnamurthy Subramanian

Rediff.com1 May 2026

The University of Chicago has conferred its Alumni Award for Professional Achievement to India's former chief economic adviser Krishnamurthy V Subramanian, the first Indian economist to receive the honour since 1941.

Commercial LPG, 5-kg cylinders see steepest-ever hike in prices

Commercial LPG, 5-kg cylinders see steepest-ever hike in prices

Rediff.com1 May 2026

Aviation fuel prices for domestic airlines remain unchanged, providing stability for local carriers, while commercial LPG and 5-kg cylinders see a significant rate hike due to rising international energy costs.

Be Prepared For Fuel Price Hike!

Be Prepared For Fuel Price Hike!

Rediff.com13 May 2026

'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

Why The Markets Fell After 12.10 PM

Why The Markets Fell After 12.10 PM

Rediff.com1 Feb 2026

Ambareesh Baliga's quick take on the markets after the increase in STT on futures and options trading...

Sensex, Nifty dip in volatile trade as profit-taking hits banking stocks

Sensex, Nifty dip in volatile trade as profit-taking hits banking stocks

Rediff.com16 Apr 2026

Indian benchmark indices Sensex and Nifty closed lower in a volatile session due to profit-taking in banking and financial shares, despite earlier gains driven by easing geopolitical tensions. Analysts suggest investors remain cautious and are not aggressively chasing the recent rally.

Six Arrested, Over 13 Kg of Charas Seized in Anantnag Drug Bust

Six Arrested, Over 13 Kg of Charas Seized in Anantnag Drug Bust

Rediff.com16 Apr 2026

Police in Anantnag, Jammu and Kashmir, have busted a drug racket, arresting six peddlers and recovering over 13 kg of charas in multiple operations across the district.

Rupee breaches 95-level against US dollar for first time

Rupee breaches 95-level against US dollar for first time

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

Ranchi Police Intercept LSD Shipment from Netherlands

Ranchi Police Intercept LSD Shipment from Netherlands

Rediff.com25 Mar 2026

Ranchi police seized fifty LSD patches allegedly imported from the Netherlands via the dark web, marking the second such recovery in the city. The consignment was intercepted at the Hehal post office following leads obtained from two individuals arrested in February.

Govt Defends Soft Approach To Fuel Crisis

Govt Defends Soft Approach To Fuel Crisis

Rediff.com16 May 2026

'PM Modi is trying to reduce the volume of fuel consumed instead of raising prices sharply.'

'FY27 Presents Clear Runway For Earnings Improvement'

'FY27 Presents Clear Runway For Earnings Improvement'

Rediff.com16 Apr 2026

'In investing, poor sentiment is always a good vintage to build a portfolio.'

UP Man Nabbed for Rs 4.5 Lakh Gold Theft on Thane Local Train

UP Man Nabbed for Rs 4.5 Lakh Gold Theft on Thane Local Train

Rediff.com15 Apr 2026

A 45-year-old man has been arrested in Uttar Pradesh for allegedly stealing gold ornaments worth Rs 4.50 lakh from a woman on a local train in Thane. Police used CCTV footage and a tip-off to locate and apprehend the suspect.