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News for 'us decline'

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

Rediff.com8 Jun 2026

State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Rediff.com12 Jun 2026

Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.

Crisil: Gold Jewellery Sales Volume to Drop 13-15% in FY27 Amid High Prices, Duty Hike

Crisil: Gold Jewellery Sales Volume to Drop 13-15% in FY27 Amid High Prices, Duty Hike

Rediff.com22 May 2026

India's organised gold jewellery retail sector is projected to experience a 13-15 per cent year-on-year decline in sales volumes this fiscal, following an 8 per cent drop last year, due to elevated gold prices and a recent import duty hike, according to a Crisil report.

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.

Class 12 Student Dies Mysteriously In Amritsar School Pool

Class 12 Student Dies Mysteriously In Amritsar School Pool

Rediff.com30 May 2026

An 18-year-old student died in a school swimming pool in Amritsar under mysterious circumstances, prompting a police investigation and allegations of negligence.

Hormuz Reopening to Ease India's Oil Supply Risks, Lower Prices

Hormuz Reopening to Ease India's Oil Supply Risks, Lower Prices

Rediff.com15 Jun 2026

The reopening of the Strait of Hormuz, following a ceasefire agreement between the US and Iran, is expected to significantly ease India's crude oil supply risks, lower freight costs, and reduce inflationary pressures, as global oil prices have already dropped.

UPI Transactions Surge To Record Highs In May: Key Drivers

UPI Transactions Surge To Record Highs In May: Key Drivers

Rediff.com1 Jun 2026

UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.

Medical Tourism Revenues Grow Despite Conflicts

Medical Tourism Revenues Grow Despite Conflicts

Rediff.com26 May 2026

While the West Asia conflict has led to a drop in patient footfalls, hospitals are seeing higher realisations as international patients increasingly travel for complex, high-end procedures.

From 215 to 20: How Mamata's political empire fell in a month

From 215 to 20: How Mamata's political empire fell in a month

Rediff.com4 Jun 2026

Mamata Banerjee's Trinamool Congress is grappling with an unprecedented political crisis following its recent electoral defeat, which has seen a significant number of its legislators openly challenging her authority and forming a rebel faction.

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Sensex, Nifty extend losses as Middle East tensions fuel market uncertainty

Rediff.com1 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.

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.'

Drunken Brawl Leads To Co-Worker's Death In Delhi Factory

Drunken Brawl Leads To Co-Worker's Death In Delhi Factory

Rediff.com9 Jun 2026

A 27-year-old man was arrested for allegedly stabbing his co-worker to death with scissors during a drunken altercation inside a garment factory in east Delhi's Gandhi Nagar. The victim initially left the hospital but later succumbed to his injuries, leading to a police investigation and the accused's arrest.

India's Forex Reserves Drop by $8 Billion to $688.894 Billion

India's Forex Reserves Drop by $8 Billion to $688.894 Billion

Rediff.com22 May 2026

India's foreign exchange reserves saw a significant drop of USD 8.094 billion, settling at USD 688.894 billion for the week ending May 15, as the Reserve Bank of India intervened in the forex market and global events like the Middle East conflict impacted the rupee.

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Rediff.com20 May 2026

India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.

How Fuel Price Hikes Are Impacting Kerala's Economy

How Fuel Price Hikes Are Impacting Kerala's Economy

Rediff.com27 May 2026

Kerala is facing increased inflationary pressure due to recent hikes in petrol and diesel prices, according to Chief Minister V D Satheesan. The state's economy is also impacted by the decline in remittances from the Gulf and higher oil prices.

Mamata rushes to Abhishek's house as cops raid at dawn

Mamata rushes to Abhishek's house as cops raid at dawn

Rediff.com13 Jun 2026

Trinamool Congress MP Abhishek Banerjee's Kolkata residence was raided by police and central forces for over four hours in connection with a financial fraud case, targeting his close aide Sumit Roy, whose mobile phone was last traced to the property.

Police Raid Abhishek Banerjee's Residence In Financial Fraud Probe

Police Raid Abhishek Banerjee's Residence In Financial Fraud Probe

Rediff.com13 Jun 2026

West Bengal police, supported by central forces, conducted a four-hour predawn raid on TMC MP Abhishek Banerjee's Kolkata residence in connection with a financial fraud case involving his aide, Sumit Roy. The operation, which Banerjee claims involved forced entry, has been denounced by the TMC as "political vendetta" and comes as Banerjee faces multiple investigations from various agencies, further escalating political tensions in the state.

'Not one step': HC rejects plea to reopen CBSE Std 12 re-evaluation portal

'Not one step': HC rejects plea to reopen CBSE Std 12 re-evaluation portal

Rediff.com12 Jun 2026

The Delhi High Court has refused to direct the reopening of the CBSE's portal for the re-evaluation of Class 12 answer sheets, stating that individual students can take action if aggrieved and that reopening the portal would delay the entire result declaration process.

Why US denied Somali referee Omar Abdulkadir Artan entry for World Cup

Why US denied Somali referee Omar Abdulkadir Artan entry for World Cup

Rediff.com10 Jun 2026

The Trump administration said on Tuesday the United States had denied Somali soccer referee Omar Abdulkadir Artan entry for the World Cup because of his links to "suspected members of terror organizations".

Rupee Fall Hits Study Abroad Dreams

Rupee Fall Hits Study Abroad Dreams

Rediff.com4 Jun 2026

Compared with a year ago, the effective cost of studying abroad for Indian students has increased by roughly 10%-12% due to currency depreciation and rising living costs.

Delhi High Court Refuses Anticipatory Bail In Rs 1 Crore Crypto Fraud

Delhi High Court Refuses Anticipatory Bail In Rs 1 Crore Crypto Fraud

Rediff.com9 Jun 2026

The Delhi High Court denied anticipatory bail to a man accused in an organised cyber fraud case involving the transfer of approximately Rs 1 crore in cryptocurrency. The court emphasised the need for custodial interrogation to unearth the larger conspiracy and recover the cheated amount.

'New TMC' claims support of 64 MLAs, seeks floor test

'New TMC' claims support of 64 MLAs, seeks floor test

Rediff.com12 Jun 2026

Leader of Opposition Ritabrata Banerjee claims 64 dissident TMC MLAs have submitted their names to the Speaker, constituting over two-thirds of the party's Assembly strength, and has called for a floor test to verify their claims of support amidst a widening split within the Trinamool Congress.

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Sensex, Nifty Dip as RBI Lowers Growth Forecast, Holds Repo Rate

Rediff.com5 Jun 2026

Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.

Rupee plunges to fresh lifetime low of 96.86 against US dollar

Rupee plunges to fresh lifetime low of 96.86 against US dollar

Rediff.com20 May 2026

The Indian rupee depreciated 16 paise to settle at a fresh lifetime low of 96.86 against the US dollar, marking its ninth consecutive session of decline, driven by elevated global crude prices and a strong dollar.

FIFA World Cup: USA face 'very tough' Paraguay test in opener

FIFA World Cup: USA face 'very tough' Paraguay test in opener

Rediff.com12 Jun 2026

Pochettino expects a "very tough game" against Paraguay, praising their aggression and discipline.

What went wrong for Suryakumar Yadav?

What went wrong for Suryakumar Yadav?

Rediff.com6 Jun 2026

SKY didn't realise that a non-performing captain starts losing respect of the dressing room. If someone fails to score consistently for more than a year, he would find it extremely difficult to actually instruct his teammates to execute his plans.

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

Rediff.com27 May 2026

Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.

Delhi high court refuses to intervene in Cockroach Janta Party protest

Delhi high court refuses to intervene in Cockroach Janta Party protest

Rediff.com5 Jun 2026

The Delhi High Court has refused to hear a petition seeking intervention against a protest called by the digital outfit 'Cockroach Janta Party' at Jantar Mantar on June 6. The petition raised concerns about law and order and sought crowd-control measures, alleging the group was involved in "transnational institutional destabilization."

Andhra's population push: CM announces Rs 30,000 for 3rd child, Rs 40,000 for 4th

Andhra's population push: CM announces Rs 30,000 for 3rd child, Rs 40,000 for 4th

Rediff.com17 May 2026

Andhra Pradesh Chief Minister N Chandrababu Naidu has announced incentives for families to encourage larger families and reverse the state's declining population trend.

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.

Donald Trump greeted with boos at NBA Finals in Madison Square Garden

Donald Trump greeted with boos at NBA Finals in Madison Square Garden

Rediff.com9 Jun 2026

Basketball fans greeted US President Donald Trump with a chorus of loud boos on Monday, as the Republican became the first sitting US president to attend the NBA Finals.

Would You Like Polymer Currency Notes?

Would You Like Polymer Currency Notes?

Rediff.com6 Jun 2026

The primary objective of introduction of polymer notes was to increase its life and not to combat counterfeiting.

The Fragile Truth Behind India's Bull Market

The Fragile Truth Behind India's Bull Market

Rediff.com9 Jun 2026

The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.

Mexico agrees to host Iran team during FIFA World Cup

Mexico agrees to host Iran team during FIFA World Cup

Rediff.com25 May 2026

Mexican President Claudia Sheinbaum said on Monday her government agreed to allow the Iranian national football team to stay in Mexico during the World Cup, adding that the United States did not want to host the team.

Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

Rediff.com22 May 2026

Gold prices in the national capital fell by Rs 600 to Rs 1.64 lakh per 10 grams, influenced by tentative progress in US-Iran negotiations, which reduced demand for precious metals. However, unresolved tensions surrounding the Strait of Hormuz continue to keep traders cautious.

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Rediff.com10 Jun 2026

Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.

Sensex, Nifty Close Marginally Lower on Profit-Taking, Global Cues

Sensex, Nifty Close Marginally Lower on Profit-Taking, Global Cues

Rediff.com21 May 2026

Indian equity benchmark indices, Sensex and Nifty, ended marginally lower in a volatile trading session, surrendering early gains due to profit-taking in blue-chip stocks and persistent macroeconomic concerns, despite positive global cues.

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rediff.com4 Jun 2026

Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.

171,150 Indians Deported From 52 Countries In 5 Years

171,150 Indians Deported From 52 Countries In 5 Years

Rediff.com20 May 2026

Deportations of Indians have increased in recent years from several countries like the UAE, USA, Malaysia, Myanmar.

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