Smallcap Index Faces Worst Year Since 2018

Over 50 per cent, or 660 stocks, from the BSE 1000 index recorded negative returns during CY25. Illustration: Uttam Ghosh/Rediff As calendar year 2025 (CY25) draws to a close, the smallcap index is set to report its worst performance in

Why non- NCR developers are flocking to Gurugram

Gurugram, already established as the corporate hub of Delhi-NCR, is increasingly attracting developers from outside the region, drawn by robust end-user demand, premium pricing, and emerging development opportunities. Photograph: Amit Dave/Reuters Over the past few years, national developers such as

At $4.18 tn, India overtakes Japan as 4th largest economy, says govt

India has surpassed Japan to become the world’s fourth-largest economy with a size of $4.18 trillion, and is poised to overtake Germany to become the third-largest by 2030, the government has said. With continuing good growth numbers, India is also

Sensex, Nifty close marginally lower on foreign fund outflows

Stock markets ended marginally lower on Tuesday amid thin year-end trading as persistent foreign fund outflows and a muted trend in global equities weighed on investors’ sentiment. Photograph: Francis Mascarenhas/Reuters Falling for the fifth consecutive day, the 30-share BSE Sensex

Aramco, OIL likely to pick up stake in BPCL’s Andhra refinery

State-owned Bharat Petroleum Corporation Ltd (BPCL) is willing to dilute a 30–40 per cent stake in its upcoming greenfield refinery in Andhra Pradesh, with Gulf energy major Saudi Aramco and upstream player Oil India Ltd (OIL) likely to join as

Industrial output growth at 2-year high of 6.7% in Nov

India’s industrial production grew at a two-year high of 6.7 per cent in November this year, driven by strong performances in mining and manufacturing, according to official data released on Monday. Photograph: Amit Dave/Reuters The factory output, measured in terms

New market code may constrain Sebi funding

As the government moves to revamp India’s securities legislation, unifying three different laws into the Securities Markets Code (SMC), regulatory experts and ma­rket insiders have raised conc­erns on potential funding challe­nges for the stock market regulator. Photograph: Francis Mascarenhas/Reuters While

Sensex sheds 346 pts on foreign fund outflows

Benchmark stock indices Sensex and Nifty closed lower on Monday due to selling in oil & gas and IT shares, foreign fund outflows and thin year-end trading. Photograph: Shailesh Andrade/Reuters Extending the downtrend to the fourth day running, the 30-share

New Insurance Bill: Bad news likely for intermediaries with high commissions

Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. Illustration: Dominic Xavier/Rediff The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power

IndiGo’s domestic mkt share slides to 63.6% in Nov

The country’s largest airline IndiGo, which faced massive operational disruptions earlier this month, saw its domestic market share slide to 63.6 per cent in November, according to official data. Photograph: Vivek Prakash/Reuters Air India Group, comprising Air India and Air