News for 'market recovery'

How Delhi Police Cracked An IPhone Snatching Ring

How Delhi Police Cracked An IPhone Snatching Ring

Rediff.com14 May 2026

Delhi Police have arrested three individuals involved in a mobile phone snatching and disposal racket, primarily targeting iPhone users. The operation led to the recovery of 66 stolen mobile phones and exposed a network involved in selling stolen devices in grey markets.

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rediff.com2 Apr 2026

The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.

Indian Equities Rebound: BSE 500 Up 12.1% in April Amidst Geopolitical Risks

Indian Equities Rebound: BSE 500 Up 12.1% in April Amidst Geopolitical Risks

Rediff.com30 Apr 2026

Indian equities are experiencing their sharpest rebound in years, with the BSE 500 index rallying 12.1 per cent so far this month, echoing Covid-era recoveries despite ongoing geopolitical uncertainty and earnings risks.

Falling Markets: Panic Or Perfect Time To Invest?

Falling Markets: Panic Or Perfect Time To Invest?

Rediff.com25 Mar 2026

Do not get trapped in the fear-and-greed cycle. Let time and discipline do the heavy lifting, points out Harsh Roongta.

Dabur's robust India biz showing lifts shares

Dabur's robust India biz showing lifts shares

Rediff.com9 May 2026

Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.

DRI Seizes Opium Worth Over Rs 21 Lakh In Ludhiana

DRI Seizes Opium Worth Over Rs 21 Lakh In Ludhiana

Rediff.com19 May 2026

The Directorate of Revenue Intelligence (DRI) in Ludhiana seized over 4 kg of opium worth Rs 21.69 lakh, uncovering a cross-border drug smuggling operation using courier channels.

Cocaine worth Rs 1,150cr seized off Mundra coast in Gujarat

Cocaine worth Rs 1,150cr seized off Mundra coast in Gujarat

Rediff.com27 May 2026

The Indian Coast Guard and Gujarat ATS seized 115 kg of cocaine, valued at approximately 1,150 crore, from a container vessel off the Mundra coast in a joint operation.

Gurugram STF Nabs Drug Smuggler, Seizes Heroin Worth Crores

Gurugram STF Nabs Drug Smuggler, Seizes Heroin Worth Crores

Rediff.com22 May 2026

The Gurugram Police's special task force (STF) has arrested an alleged drug smuggler in Bhiwani and recovered nearly 9 kg of heroin -- worth around Rs 36 crore in the illicit market -- from his possession.

Drone Suspected In Heroin Smuggling Attempt Near Jammu Border

Drone Suspected In Heroin Smuggling Attempt Near Jammu Border

Rediff.com20 May 2026

Police in Jammu seized approximately 3 kilograms of heroin suspected to have been dropped by a drone near the International Border. The recovery followed a week-long surveillance operation based on intelligence inputs about cross-border narcotics smuggling.

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.

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.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

Illegal Liquor Worth Lakhs Seized; Smuggler Arrested

Illegal Liquor Worth Lakhs Seized; Smuggler Arrested

Rediff.com20 May 2026

Police in Deoria, Uttar Pradesh, seized illegal liquor worth Rs 5.14 lakh from a pickup vehicle and arrested one alleged smuggler during a checking drive.

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

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.

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Rediff.com31 Mar 2026

Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.

PharmEasy's parent has a new playbook: Profit first, growth second

PharmEasy's parent has a new playbook: Profit first, growth second

Rediff.com27 May 2026

API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.

Delhi Police Arrests Drug Supplier, Seizes Heroin

Delhi Police Arrests Drug Supplier, Seizes Heroin

Rediff.com28 Apr 2026

Delhi Police have arrested a proclaimed offender and seized 100 grams of heroin, disrupting a major narcotics network operating in the national capital.

Crude Oil Futures Climb Over 3%; Brent breaches $107

Crude Oil Futures Climb Over 3%; Brent breaches $107

Rediff.com12 May 2026

Crude oil prices surged over 3% in futures trade after US President Donald Trump expressed doubts about the Iran ceasefire, reigniting fears of supply disruptions from West Asia and pushing Brent crude above USD 107 per barrel.

Bengaluru: Three Juveniles Apprehended For Robbery

Bengaluru: Three Juveniles Apprehended For Robbery

Rediff.com20 May 2026

Three juveniles were apprehended in Bengaluru for allegedly assaulting and robbing a person of cash and a vehicle. The incident occurred on May 15, and the stolen vehicle was later found near Jayanna Circle. Police have seized a two-wheeler, a mobile phone, and cash from the juveniles, who confessed to the crime.

IPL Ticket Racket Busted In Delhi; Three Arrested

IPL Ticket Racket Busted In Delhi; Three Arrested

Rediff.com9 May 2026

Delhi Police have arrested three individuals involved in a black-marketing racket selling IPL match tickets at inflated prices. The accused were caught selling complimentary passes and regular tickets near Delhi Gate.

Textile Recycling Market in India to Reach USD 3.5 Billion by 2030

Textile Recycling Market in India to Reach USD 3.5 Billion by 2030

Rediff.com10 Mar 2026

A new report indicates that India's textile recycling market is projected to reach USD 3.5 billion by 2030, potentially creating one lakh green jobs. The report highlights the current state of textile waste management and opportunities for circularity in the Indian textile industry.

OMCs selling petrol at Rs 14 a litre loss, diesel at Rs 18/litre

OMCs selling petrol at Rs 14 a litre loss, diesel at Rs 18/litre

Rediff.com29 Apr 2026

Indian oil marketing companies are incurring significant losses, selling petrol at a Rs 14 per litre loss and diesel at Rs 18 per litre, as elevated global crude oil prices, exacerbated by the West Asia crisis, outpace capped retail fuel rates, according to rating agency Icra.

Sensex and Nifty Surge on Metal and Auto Rally

Sensex and Nifty Surge on Metal and Auto Rally

Rediff.com17 Mar 2026

Indian benchmark stock indices Sensex and Nifty rallied for the second consecutive day, closing nearly 1 per cent higher, driven by gains in metal and auto sectors and positive global market trends.

Stock markets extend winning run to 3rd day; Sensex, Nifty climb nearly 1%

Stock markets extend winning run to 3rd day; Sensex, Nifty climb nearly 1%

Rediff.com18 Mar 2026

Indian stock market indices Sensex and Nifty closed nearly 1 per cent higher, marking their third consecutive day of gains, supported by a slight decrease in crude oil prices and positive global market trends.

Jharkhand Police Seize Brown Sugar Worth Lakhs, Several Arrested

Jharkhand Police Seize Brown Sugar Worth Lakhs, Several Arrested

Rediff.com7 May 2026

Jharkhand police have arrested multiple individuals and seized significant quantities of brown sugar in two separate incidents in Seraikela-Kharsawan and Chatra districts.

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.

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.

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.

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.

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.

'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.'

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.

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.

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.

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.

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.

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.

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.