News for 'mascarenhas'

Nepal's Devastating Flood Aftermath

Nepal's Devastating Flood Aftermath

Rediff.com28 Aug 2026

The death toll in the massive flash floods in Nepal on Thursday rose to 270, as authorities in Nepal race against time to find thousands of missing people, including 288 Indian tourists, in one of the country's worst disasters in recent years.

GST Council proposes decriminalisation, scrapping arrest powers, and easier compliance

GST Council proposes decriminalisation, scrapping arrest powers, and easier compliance

Rediff.com8 Oct 2026

The GST Council, chaired by Finance Minister Nirmala Sitharaman, has begun deliberations on significant reforms, including decriminalising nine offences, softening provisions for 24, and raising the threshold for criminal prosecution to Rs 5 crore. The proposed changes also include scrapping the arrest powers of GST officers and introducing an 'invoice matching system' to combat fake input tax credit claims, aiming for a trust-based taxation approach and enhanced ease of doing business.

'Capt Machchhar's family was worried but also proud of him'

'Capt Machchhar's family was worried but also proud of him'

Rediff.com1 Oct 2026

Indian pilot Captain Smit Machchhar is being hailed as a hero after he was stabbed while preventing a co-pilot from crashing a Flydubai flight from Dubai to Tel Aviv. His Mumbai neighbours express immense pride and are praying for his speedy recovery, while his parents have travelled to Saudi Arabia for his treatment. The incident has drawn global attention and praise from leaders like PM Modi and Benjamin Netanyahu.

Sensex Jumps 564 Points, Nifty Rallies on Easing Oil Prices, Foreign Fund Inflows

Sensex Jumps 564 Points, Nifty Rallies on Easing Oil Prices, Foreign Fund Inflows

Rediff.com21 Sep 2026

Indian benchmark indices, Sensex and Nifty, closed significantly higher, driven by a combination of easing crude oil prices, fresh foreign fund inflows, and a positive trend observed in global equities.

Pressure on current account is a temporary problem, says RBI Governor

"Pressure on current account is a temporary problem," says RBI Governor

Rediff.com8 Oct 2026

"Pressure on the current account is a temporary problem. Sooner rather than later, our external sector will improve," said RBI Governor Sanjay Malhotra.

Stock Markets Today: Sensex, Nifty climb as oil prices cool, foreign funds return

Stock Markets Today: Sensex, Nifty climb as oil prices cool, foreign funds return

Rediff.com21 Sep 2026

Indian benchmark indices, Sensex and Nifty, saw gains in early trade, driven by a notable drop in crude oil prices and renewed buying interest from Foreign Institutional Investors (FIIs).

Crude Oil Surge, Geopolitical Worries Drive Sensex Down 1,124 Points

Crude Oil Surge, Geopolitical Worries Drive Sensex Down 1,124 Points

Rediff.com28 Sep 2026

Indian stock markets experienced a significant downturn, with the Sensex plunging 1,124 points to a six-month low and the Nifty closing below 22,800, driven by surging crude oil prices, escalating geopolitical uncertainties, and weak global market trends.

Sensex, Nifty fall despite global cues; IT, financials lead decline

Sensex, Nifty fall despite global cues; IT, financials lead decline

Rediff.com22 Sep 2026

Indian benchmark indices, Sensex and Nifty, closed lower on Tuesday, with the Sensex declining 329.91 points to 74,529.08 and the Nifty dipping 85.30 points to 23,329, primarily dragged by underperformance in IT, financial, and capital goods stocks despite positive global market trends and easing crude oil prices.

Stock Markets Today: Sensex, Nifty Pare Early Gains; Now Trading in Red

Stock Markets Today: Sensex, Nifty Pare Early Gains; Now Trading in Red

Rediff.com22 Sep 2026

Indian benchmark indices Sensex and Nifty opened higher, extending gains from the previous session, driven by a rally in global markets and a slight cooling in crude oil prices. Optimism around a potential meeting between US and Iranian presidents also contributed to positive sentiment.Later both indices pared gains and were trading in red. Track Sensex, Nifty on September 22.

Dipke's Dilemma: To Z Or Not To Z

Dipke's Dilemma: To Z Or Not To Z

Rediff.com5 Oct 2026

How long can the Cockroach Janta Party remain an agitationist force? asks Saisuresh Sivaswamy.

RBI's record $18.65 billion net dollar purchase in July boosts forex reserves

RBI's record $18.65 billion net dollar purchase in July boosts forex reserves

Rediff.com28 Sep 2026

The Reserve Bank of India (RBI) net purchased a record $18.65 billion in July, driven by inflows from its concessional swap facility, leading to a significant increase in India's foreign exchange reserves.

Meesho's unique value-commerce model faces stiff competition, premium valuations

Meesho's unique value-commerce model faces stiff competition, premium valuations

Rediff.com3 Oct 2026

Meesho, a value-commerce platform targeting middle- and lower-income geographies, is poised for significant growth driven by its asset-light model and low fulfilment costs, but faces intense competition from e-commerce giants and high valuations.

NSE IPO sees strong demand, subscribed 5.7 times ahead of BSE listing

NSE IPO sees strong demand, subscribed 5.7 times ahead of BSE listing

Rediff.com22 Sep 2026

The National Stock Exchange of India's initial public offering (IPO) was subscribed 5.69 times, with qualified institutional buyers (QIBs) showing the strongest demand, as the Rs 22,561-crore issue moves towards allotment and a planned listing on the BSE.

Why Tata Sons IPO May Get Lower Valuation

Why Tata Sons IPO May Get Lower Valuation

Rediff.com26 Sep 2026

Holding-company discounts and losses at key unlisted ventures could weigh on Tata Sons' IPO valuation, though its diversified portfolio may still command a premium.

Flydubai Attack: Questions, Questions

Flydubai Attack: Questions, Questions

Rediff.com2 Oct 2026

While Smit Machchhar is rightly being lauded as a hero, the curious thing is that the name of the Omani copilot responsible for this attempt to hijack or crash the aircraft has been withheld. His name and face should have been splashed all over the international media. This was not done and it therefore raises legitimate suspicion. Is it possible that his involvement could expose some powerful entity? Could it point to a blatant intelligence failure that would have left certain powers shamefaced? Could it be that he may have revealed things that could prove severely damaging to certain vested interests? asks Vice Admiral Biswajit Dasgupta (retd).

SEE: CCTV captures moment Delhi building came crashing down

SEE: CCTV captures moment Delhi building came crashing down

Rediff.com7 Sep 2026

Dramatic CCTV footage has emerged showing the moment a five-storey building in Delhi's Satya Niketan collapsed, killing seven people and injuring 11, as rescue operations continue.

Amid some bumps, outlook positive for Tata Capital

Amid some bumps, outlook positive for Tata Capital

Rediff.com29 Sep 2026

Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.

Value Buying Fuels Market Rebound: Sensex Climbs 333 Pts, Nifty Above 23,200

Value Buying Fuels Market Rebound: Sensex Climbs 333 Pts, Nifty Above 23,200

Rediff.com16 Sep 2026

Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by value buying in banking stocks and select heavyweight counters, with the Sensex climbing 332.63 points and the Nifty ending above 23,200.

Stock Markets Today: Sensex, Nifty Rebound in Early Trade, Fed Decision Looms

Stock Markets Today: Sensex, Nifty Rebound in Early Trade, Fed Decision Looms

Rediff.com16 Sep 2026

Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.

'NSE's role as trading platform will prevail over business interest'

'NSE's role as trading platform will prevail over business interest'

Rediff.com24 Sep 2026

National Stock Exchange (NSE) Chairman Srinivas Injeti stated that post-listing, the exchange's duties as a stock trading marketplace and its responsibilities as a commercial entity will see public interest overriding business interests if the two intersect.

Nifty ends higher, Sensex dips amid mixed market signals

Nifty ends higher, Sensex dips amid mixed market signals

Rediff.com18 Sep 2026

Indian benchmark equity indices, Sensex and Nifty, closed mixed on Friday. While a drop in crude oil prices offered some relief, weakness in IT stocks and several Tata Group counters, including a significant dip in Tata Chemicals and ongoing boardroom issues at Tata Sons, limited a broader market recovery.

NSE's Mega IPO Fully Subscribed on Day 2, QIBs and Non-Institutional Investors Lead

NSE's Mega IPO Fully Subscribed on Day 2, QIBs and Non-Institutional Investors Lead

Rediff.com18 Sep 2026

The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was fully subscribed on the second day of bidding, driven by strong interest from qualified institutional buyers and non-institutional investors.

Nepal: One Week On, Bodies Still Being Recovered

Nepal: One Week On, Bodies Still Being Recovered

Rediff.com2 Sep 2026

One week ago, on August 26, 2026, deadly flash floods and mudslides devasted Nepal. Powerful floodwaters and landslides tore through river towns, leaving behind widespread destruction and grief. Rescue efforts across the affected districts continue even as hopes fade of finding survivors.

QIBs drive bulk of demand as NSE IPO subscribed 5.7 times

QIBs drive bulk of demand as NSE IPO subscribed 5.7 times

Rediff.com22 Sep 2026

Institutional portion subscribed 12.68 times; retail crosses quota.

Viksit Bharat: What Nirmala Sitharaman told India Inc

Viksit Bharat: What Nirmala Sitharaman told India Inc

Rediff.com22 Sep 2026

Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.

NSE's Rs 22,569-crore IPO sees 43% subscription on opening day

NSE's Rs 22,569-crore IPO sees 43% subscription on opening day

Rediff.com17 Sep 2026

The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was subscribed 43 per cent on its first day of bidding, making it India's second-largest public issue after Hyundai Motor India's Rs 27,870-crore IPO in 2024.

5 MCD officials suspended after 7 deaths in Satya Niketan

5 MCD officials suspended after 7 deaths in Satya Niketan

Rediff.com7 Sep 2026

The Municipal Corporation of Delhi has suspended a Deputy Commissioner and four engineers from the South Zone following the collapse of a five-storey building in Satya Niketan, which resulted in seven deaths. The suspensions were issued by the MCD Vigilance Department under disciplinary proceedings.

Will Modi Ask Gyanesh Kumar To Go?

Will Modi Ask Gyanesh Kumar To Go?

Rediff.com30 Sep 2026

Easing Gyanesh Kumar out would create a hazardous political precedent because forcing out a top official, due to public pressure, projects an image of reactive, defensive governing. Furthermore, making a high-level official like the CEC to hand in his papers would validate Opposition claims that Constitutional referees have been compromised, observes Nilanjan Mukhopadhyay.

NSE's Rs 22,569-crore IPO opens, subscribed 9% on Day 1

NSE's Rs 22,569-crore IPO opens, subscribed 9% on Day 1

Rediff.com17 Sep 2026

The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) opened for subscription, receiving 9 per cent bids on its first day, with strong participation from anchor investors.

AC, TV, & Appliance Prices to Increase by Up to 8% from October 1

AC, TV, & Appliance Prices to Increase by Up to 8% from October 1

Rediff.com27 Sep 2026

Leading appliance and consumer electronics manufacturers are set to increase prices of air conditioners, LED TVs, washing machines, and other products by 5 to 8 per cent from October 1, citing rising input costs for metals like copper and steel, crude derivatives, and currency exchange volatility due to the West Asia crisis.

Nepal Disaster: RESCUED! From The Mud

Nepal Disaster: RESCUED! From The Mud

Rediff.com29 Aug 2026

Nepali security forces have intensified search and rescue operations across the flood-hit areas, using helicopters and ground teams to evacuate survivors and search through mud and debris.

The operation remains challenging as destroyed roads and bridges have cut off several remote communities, while hundreds of people are still missing.

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Rediff.com11 Sep 2026

Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.

No NSE Proposal for Self-Trading, Will Examine UPI MDR Concerns: Sebi

No NSE Proposal for Self-Trading, Will Examine UPI MDR Concerns: Sebi

Rediff.com17 Sep 2026

SEBI Chairman Tuhin Kanta Pandey stated that the National Stock Exchange (NSE) has not submitted any proposal seeking approval to trade on its own platform after getting listed, and such trading is currently not permitted. He also confirmed that SEBI would examine concerns raised by brokers and asset management companies regarding the new UPI Merchant Discount Rate (MDR) framework.

Stock Markets Today: Sensex, Nifty Sink as Brent Breaches $108/barrel

Stock Markets Today: Sensex, Nifty Sink as Brent Breaches $108/barrel

Rediff.com11 Sep 2026

Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.

Stock Markets Today: Sensex, Nifty dip on West Asia crisis, oil prices

Stock Markets Today: Sensex, Nifty dip on West Asia crisis, oil prices

Rediff.com8 Sep 2026

Indian benchmark indices, Sensex and Nifty, saw declines in early trade due to escalating crude oil prices and ongoing US-Iran hostilities, which subdued investor risk appetite.

Regulatory Changes Trigger 23% Drop in Derivatives Trading Volumes

Regulatory Changes Trigger 23% Drop in Derivatives Trading Volumes

Rediff.com15 Sep 2026

India's derivatives market experienced a significant 23 per cent fall in average daily contracts traded in August, reaching a 13-month low of 224 million. This decline is primarily attributed to regulatory changes, including a higher securities transaction tax (STT) and enhanced collateral requirements, alongside the introduction of a closing auction session.

Meta to report child safety issues to law enforcement: Govt

Meta to report child safety issues to law enforcement: Govt

Rediff.com15 Sep 2026

Meta has agreed to report child safety-related matters, including child sexual abuse cases, to appropriate law enforcement agencies in India, government sources confirmed, emphasising that online safety for children is a "non-negotiable" fundamental principle for social media platforms operating in the country.

Will Volkswagen be 4th time lucky with Indian partner?

Will Volkswagen be 4th time lucky with Indian partner?

Rediff.com26 Sep 2026

Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.

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.

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Rediff.com18 Sep 2026

The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.