News for 'profit'

Gold price can hit $6,200/oz: UBS

Gold price can hit $6,200/oz: UBS

Rediff.com6 Feb 2026

The bull-market in gold is not yet over and prices can rise to $6,200 an ounce (oz) by mid-2026, up nearly 25 per cent from current levels, according to UBS.

Q3 earnings, global trends to drive stock markets this week

Q3 earnings, global trends to drive stock markets this week

Rediff.com18 Jan 2026

Trading pattern in the stock market this week will largely depend on the ongoing Q3 earnings announcement from corporates, global trends, and foreign fund movement, analysts said. Moreover, geopolitical developments and any update on trade negotiations would also be keenly tracked by investors, experts noted.

'Banks not investing in right technology'

'Banks not investing in right technology'

Rediff.com10 Feb 2026

'There is a challenge in repositioning yourself, maybe reinventing yourself.'

What Experienced Traders Know About MTF That Beginners Don't!

What Experienced Traders Know About MTF That Beginners Don't!

Rediff.com20 Jan 2026

All trading platforms provide MTF (Margin Trading Facility). MTF is utilised to buy more security with less capital and to enter bigger trades with less funds. Experienced traders use it as a tool. However, many beginners are unaware of many things related to MTF, which we will discuss today.

PSBs record 9% growth in profit to Rs 49,456 cr in Q2

PSBs record 9% growth in profit to Rs 49,456 cr in Q2

Rediff.com5 Nov 2025

State Bank of India-led public sector banks posted a record cumulative profit of Rs 49,456 crore in the second quarter of the current fiscal, reflecting a 9 per cent year-on-year growth despite two lenders reporting a decline. All 12 public sector banks (PSBs) together made a profit of Rs 45,547 crore in the September quarter of FY25.

Non-US uptick seen driving gains for Dr Reddy's Labs

Non-US uptick seen driving gains for Dr Reddy's Labs

Rediff.com23 Jan 2026

Shares of Dr Reddy's Laboratories jumped 5.3 per cent on Thursday to Rs 1,217 apiece, making it the top gainer in the Nifty 50 and the BSE 100 indices. By comparison, the Nifty 50 was up 0.53 per cent at 25,289.

India's Billionaire Club Contracts In 2025

India's Billionaire Club Contracts In 2025

Rediff.com22 Jan 2026

The aggregate net worth of the country's 176 dollar billionaires dropped to $984.2 billion during 2025, down from a record $1,036.2 billion at the end of December 2024.

How Modi Steered India-US Ties Back On Track

How Modi Steered India-US Ties Back On Track

Rediff.com3 Feb 2026

Prime Minister Narendra Modi stayed calm, avoided public confrontation, and focused on India's long-term interests to steady ties with the United States.

India Will Continue To Buy Russian Oil

India Will Continue To Buy Russian Oil

Rediff.com6 Feb 2026

'No one can or will bar India from pursuing its energy goals as it wishes.' 'The US FTA wording may sound more restrictive, but the underlying reality will not undermine India's sovereign energy decisions.'

Cricket betting profits proceeds of crime, says Delhi HC

Cricket betting profits proceeds of crime, says Delhi HC

Rediff.com25 Nov 2025

The Delhi High Court has held that profits from cricket betting would constitute "proceeds of crime" under the anti-money laundering law.

PIX: Diarra stars in Sunderland's win; Mallorca triumph

PIX: Diarra stars in Sunderland's win; Mallorca triumph

Rediff.com3 Feb 2026

IMAGES from football matches played on Monday.

Sensex jumps 487 points on optimism over India-EU FTA

Sensex jumps 487 points on optimism over India-EU FTA

Rediff.com28 Jan 2026

From the 30-Sensex firms, Bharat Electronics surged nearly 9 per cent post its December quarter earnings. Eternal, Bajaj Finance, Power Grid, Trent, Mahindra & Mahindra and UltraTech Cement were the other major gainers. Maruti, Sun Pharma, Infosys and Bharti Airtel were among the other laggards.

India's Top 20 Startups Corner 2025 Funding

India's Top 20 Startups Corner 2025 Funding

Rediff.com29 Jan 2026

The average fundraise for the top 20 startups stood at $195 million in CY25.

NSE one step closer to IPO filing as Sebi grants NOC

NSE one step closer to IPO filing as Sebi grants NOC

Rediff.com31 Jan 2026

The Securities and Exchange Board of India (Sebi) has granted a no-objection certificate (NOC) to the National Stock Exchange of India (NSE), paving the way for the country's biggest exchange - currently valued at 5 trillion in the unlisted market - to file draft documents for its long-awaited initial public offering (IPO).

The Story Behind World's Longest Sari

The Story Behind World's Longest Sari

Rediff.com9 Feb 2026

Supreet Singh, filmmaker and co-founder of Red Dot Foundation, explains how the 4km long Infinite Saree is a larger campaign against all forms of sexual abuse, including marital rape.

'I Don't Want To Let Down The Economy...'

'I Don't Want To Let Down The Economy...'

Rediff.com9 Feb 2026

'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'

Fuel switch moves from 'run' to 'cut off', Air India grounds jet

Fuel switch moves from 'run' to 'cut off', Air India grounds jet

Rediff.com3 Feb 2026

Air India grounded a Boeing 787-8 after a pilot reported a potential fuel control switch defect. The incident occurs amidst an ongoing investigation into the airline's Dreamliner crash last June.

Sensex bounces back on buying in metal, bank stocks

Sensex bounces back on buying in metal, bank stocks

Rediff.com27 Jan 2026

Equity benchmark indices Sensex and Nifty ended higher in highly volatile trade on Tuesday, buoyed by heavy buying in bank and metal stocks, a firm trend in global markets and optimism over India-EU FTA. The 30-share BSE Sensex climbed 319.78 points, or 0.39 per cent, to settle at 81,857.48.

STT hike in F&O to deter speculative trading: FM

STT hike in F&O to deter speculative trading: FM

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday announced an increase in the Securities Transaction Tax (STT) on Futures and Options trade with a view to discouraging small investors from speculative trading in derivatives, which led to a sharp decline in the stock market.

LIC Q2 net profit surges 32% to Rs 10,053 crore

LIC Q2 net profit surges 32% to Rs 10,053 crore

Rediff.com6 Nov 2025

State-owned insurer LIC on Thursday reported a 32 per cent jump in net profit to Rs 10,053 crore for the second quarter ended September 30, aided by a lower commission outgo. The country's biggest insurer had reported a net profit of Rs 7,621 crore in the year-ago period.

Vedanta net profit plunges 59% on exceptional losses

Vedanta net profit plunges 59% on exceptional losses

Rediff.com1 Nov 2025

Mining major Vedanta's consolidated net profit plunged 58.69 per cent year-on-year (Y-o-Y) to Rs 1,798 crore in the second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported a net exceptional gain of Rs 1,160 crore in Q2FY25.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

Sensex, Nifty slip amid profit-taking, weak Asian markets

Sensex, Nifty slip amid profit-taking, weak Asian markets

Rediff.com28 Oct 2025

Among Sensex firms, Trent, ICICI Bank, Tech Mahindra, Bajaj Finserv, Mahindra & Mahindra, Power Grid, Tata Consultancy Services and Bajaj Finance were the major laggards. However, Tata Steel, Larsen & Toubro, State Bank of India, Kotak Mahindra Bank were among the major gainers.

10 Stocks That May Gain From Budget

10 Stocks That May Gain From Budget

Rediff.com4 Feb 2026

The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.

SBI Q2 net profit jumps 10% to Rs 20,160 cr

SBI Q2 net profit jumps 10% to Rs 20,160 cr

Rediff.com4 Nov 2025

The country's biggest lender, State Bank of India (SBI), on Tuesday reported a 10 per cent improvement in standalone profit to Rs 20,160 crore in the quarter ended September 30, 2025.

Sensex falls 344 pts amid profit-taking, foreign fund outflows

Sensex falls 344 pts amid profit-taking, foreign fund outflows

Rediff.com24 Oct 2025

Among Sensex firms, Hindustan Unilever dropped the most by 3.20 per cent. UltraTech Cement, Kotak Mahindra Bank, Adani Ports, Titan, HDFC Bank and Axis Bank were also among the laggards. However, Bharti Airtel, ICICI Bank, Bharat Electronics and Sun Pharma were among the gainers.

Tariffs on India 'huge success', may be rolled back: US treasury secy

Tariffs on India 'huge success', may be rolled back: US treasury secy

Rediff.com24 Jan 2026

US Treasury Secretary Scott Bessent indicated a potential pathway to remove tariffs imposed on India for purchasing Russian oil, citing a significant decrease in such purchases. He also criticized Europe's approach and accused India of profiting from discounted Russian oil.

Marico to buy majority stake in popcorn brand 4700BC from PVR Inox

Marico to buy majority stake in popcorn brand 4700BC from PVR Inox

Rediff.com27 Jan 2026

Marico has entered into a definitive agreement with PVR INOX to buy its 93.27 per cent stake in Zea Maize Private Limited (ZMPL), which owns the gourmet popcorn brand 4700BC, in an all-cash transaction worth Rs 226.8 crore.

FMCG players witness strong Q3 recovery

FMCG players witness strong Q3 recovery

Rediff.com11 Jan 2026

Driven by GST reforms, robust festive demand, and softening raw material prices, the FMCG industry expects volume-based growth, supported by a mid-single digit revenue rise and improved operating margins in the December quarter.

RIL denies report on Russia oil purchase

RIL denies report on Russia oil purchase

Rediff.com7 Jan 2026

Shares of Reliance Industries Limited (RIL) tumbled on Tuesday, posting its biggest single-day decline in 19 months, amid controversy over its purchase of Russian oil and profit-booking after recent gains.

Sensex ends lower on foreign fund outflows, selling in blue-chips

Sensex ends lower on foreign fund outflows, selling in blue-chips

Rediff.com13 Jan 2026

From the 30-Sensex firms, Trent, Larsen & Toubro, Reliance Industries, InterGlobe Aviation, Maruti, ITC, Adani Ports and Bharat Electronics were among the biggest laggards. In contrast, Eternal, ICICI Bank, Tech Mahindra, State Bank of India and Tata Consultancy Services were among the gainers.

Hindalco net profit rises 21% to Rs 4,741 crore

Hindalco net profit rises 21% to Rs 4,741 crore

Rediff.com8 Nov 2025

Aditya Birla Group's Hindalco Industries on Friday reported a 21.3 per cent year on year rise in its consolidated net profit to Rs 4,741 crore in the second quarter of 2025-26 (Q2FY26), driven by its Indian business and its US-based subsidiary, Novelis.

Infosys takes Rs 1,289 cr hit on new labour codes in Q3FY26

Infosys takes Rs 1,289 cr hit on new labour codes in Q3FY26

Rediff.com14 Jan 2026

Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the implementation of new labour codes, as India's second-largest IT services firm announced its December quarter earnings.

'Dhurandhar Has Changed The Landscape Of Cinema'

'Dhurandhar Has Changed The Landscape Of Cinema'

Rediff.com27 Jan 2026

'Established filmmakers want to go with the sequels of earlier hit films like Housefull 5 or Mastiii 4. They don't want to come up with fresh ideas. This is pure laziness.'

Sensex slips below 82K amid widespread sell-off

Sensex slips below 82K amid widespread sell-off

Rediff.com23 Jan 2026

Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.

FPIs' selling spree continues; Rs 22,530 cr pulled out from equities in Jan

FPIs' selling spree continues; Rs 22,530 cr pulled out from equities in Jan

Rediff.com18 Jan 2026

Foreign portfolio investors withdrew over Rs 22,530 crore ($2.5 billion) from Indian equities so far this month amid rising US bond yields and a stronger dollar, continuing their selling streak from last year. This came following an outflow of Rs 1.66 lakh crore ($18.9 billion) recorded in 2025, triggered by volatile currency movements, global trade tensions and concerns over potential US tariffs and stretched market valuations.

Why MF Investors Can't Trade on Budget Day

Why MF Investors Can't Trade on Budget Day

Rediff.com28 Jan 2026

Rediff explains why the system, not the Budget, is the problem.

Mahindra & Mahindra Q2 profit rises 28% on strong farm sector growth

Mahindra & Mahindra Q2 profit rises 28% on strong farm sector growth

Rediff.com5 Nov 2025

Mahindra & Mahindra on Tuesday posted a 28 per cent year-on-year increase in its consolidated profit after tax to Rs 3,673 crore for the second quarter ended September 30, 2025, driven by robust performance of the farm sector, while also seeing the impact of the GST transition on the auto sector. The company reported a profit after tax (PAT) of Rs 2,867 crore for the July-September period of the last fiscal.

Ola Electric auto biz turns profitable in Q2; gross margins expand to 30.7%

Ola Electric auto biz turns profitable in Q2; gross margins expand to 30.7%

Rediff.com6 Nov 2025

Ola Electric on Thursday said its automobile business turned profitable in the quarter ended September 2025 with pre-tax earnings growing by 0.3 per cent against a contraction of 5.3 per cent in the preceding three months.

Sun Pharma Q2 net profit up 3% at Rs 3,118 cr

Sun Pharma Q2 net profit up 3% at Rs 3,118 cr

Rediff.com5 Nov 2025

Sun Pharmaceutical Industries on Wednesday posted a 2.56 per cent increase in its consolidated net profit to Rs 3,118 crore for the second quarter ended September 30, aided by robust sales in India and emerging markets. The Mumbai-based drug major reported a net profit of Rs 3,040 crore for the July-September quarter of the last fiscal.