Search results for ' Billions'

How AI Can Boost India's Economy By $500 Billion

How AI Can Boost India's Economy By $500 Billion

Rediff.com13 May 2026

A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.

Football bodies accuse FIFA chief of 'deception' over World Cup rights

Football bodies accuse FIFA chief of 'deception' over World Cup rights

Rediff.com11 Aug 2026

UEFA, the Asian Football Confederation (AFC), and CONCACAF have jointly criticised FIFA President Gianni Infantino for his handling of a proposed sale of commercial rights to the World Cup, accusing him of 'deception' and calling for an independent review.

Temasek looks to cash in on IPL boom as investor race heats up

Temasek looks to cash in on IPL boom as investor race heats up

Rediff.com22 Jul 2026

Temasek is exploring investment opportunities in India's booming IPL cricket league, a senior executive told Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.

Can India's New Mobile Scheme Beat China?

Can India's New Mobile Scheme Beat China?

Rediff.com30 Jul 2026

Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

Rediff.com30 Jul 2026

Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.

Why Have Flipkart, Netflix Tied Up?

Why Have Flipkart, Netflix Tied Up?

Rediff.com1 Aug 2026

'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'

FIFA clarifies 'no sale of football' amid UEFA boycott threats over investment plans

FIFA clarifies 'no sale of football' amid UEFA boycott threats over investment plans

Rediff.com31 Jul 2026

FIFA has issued a clarification regarding its FIFA Forward Enterprise (FFE) proposal, stating it would 'never entertain' selling football to private parties and aims to ensure meaningful commercial ownership for all member nations, following strong criticism and boycott threats from UEFA and CONCACAF.

How Tata Steel Tackled Challenges Under Chandra

How Tata Steel Tackled Challenges Under Chandra

Rediff.com13 Aug 2026

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.

'Chandra Has Taken Right Professional Decision At the Right Time'

'Chandra Has Taken Right Professional Decision At the Right Time'

Rediff.com13 Aug 2026

While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.

Ethanol Blending In Petrol Causes No Damage To Vehicles: Brazilian Minister

Ethanol Blending In Petrol Causes No Damage To Vehicles: Brazilian Minister

Rediff.com7 Aug 2026

'As long as the vehicle has a flex engine, it is irrelevant if the mixture is 15 per cent or 30 per cent; the performance is the same.'

Railways to take reforms path to boost share in freight transport

Railways to take reforms path to boost share in freight transport

Rediff.com31 Jul 2026

"Indian Railways is now the world's second-largest cargo carrier by volume, up from fourth, even as its share of the country's total freight movement remains well below potential.'

7 Life Lessons From Spider-Man: Brand New Day

7 Life Lessons From Spider-Man: Brand New Day

Rediff.com7 Aug 2026

Spider-Man: Brand New Day shows that even superheroes need friends, healthy outlets for their emotions and the courage to learn from their mistakes.

Institutional Investment in India's Housing Market Plunges 85% to $154 Mn

Institutional Investment in India's Housing Market Plunges 85% to $154 Mn

Rediff.com21 Jul 2026

Institutional investments in India's housing market plummeted by 85 per cent to USD 154 million in the first half of 2026, while overall real estate inflows saw a modest 6 per cent increase, driven primarily by domestic investors and strong interest in office and data centre projects.

Mumbai Falcons To Host F1 Sim Racing India Open Trials

Mumbai Falcons To Host F1 Sim Racing India Open Trials

Rediff.com23 Jul 2026

Mumbai Falcons Racing Limited (MFRL) is hosting the F1 Sim Racing India Open 2026 Time Trials in New Delhi, a talent hunt offering aspiring racers a chance to enter professional motorsport with a significant prize pool and a driver development fund.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

Jitters over LPG subsidy bill. It may top Rs 1 lakh cr in FY27

Jitters over LPG subsidy bill. It may top Rs 1 lakh cr in FY27

Rediff.com17 Jul 2026

A PL Capital report projects India's LPG subsidy bill to exceed Rs 1 lakh crore in FY27, creating a significant Rs 70,000 crore gap over the Union Budget's Rs 30,000 crore allocation, driven by the government and OMCs absorbing higher fuel and LPG price increases.

Satcom To Drive India's Digital Transformation

Satcom To Drive India's Digital Transformation

Rediff.com22 Jul 2026

Trai Chairman Anil Kumar Lahoti highlighted the transformative role of satellite communications in expanding seamless connectivity across India, especially in remote areas. He noted that India's space economy is projected to grow significantly, driven by satcom technology that will bridge the digital divide, provide resilient infrastructure during disasters, and support strategic sectors.

Satcom To Drive India's Digital Transformation

Satcom To Drive India's Digital Transformation

Rediff.com22 Jul 2026

Trai Chairman Anil Kumar Lahoti highlighted the transformative role of satellite communications in expanding seamless connectivity across India, especially in remote areas. He noted that India's space economy is projected to grow significantly, driven by satcom technology that will bridge the digital divide, provide resilient infrastructure during disasters, and support strategic sectors.

Infantino holds crisis meeting in Morocco as FIFA stake sale fallout continues

Infantino holds crisis meeting in Morocco as FIFA stake sale fallout continues

Rediff.com5 Aug 2026

FIFA President Gianni Infantino is holding a crisis meeting with top officials in Morocco to address the fallout from his failed attempt to sell commercial rights to the World Cup, a move that has led to widespread criticism and calls for his removal.

10 Sequels That Came With Longest Gaps

10 Sequels That Came With Longest Gaps

Rediff.com14 Aug 2026

Awarapan 2, featuring Emraan Hashmi, is set to release 19 years after its original, joining a growing trend of long-delayed Bollywood sequels attempting to capitalise on nostalgia and past successes like Gadar 2 and Border 2, but not all such reboots guarantee box office triumph.

Govt allows FDI in inventory-based e-commerce model only for export purposes

Govt allows FDI in inventory-based e-commerce model only for export purposes

Rediff.com23 Jul 2026

The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.

What made SIAM do a U-turn on E20 fuel within a week?

What made SIAM do a U-turn on E20 fuel within a week?

Rediff.com8 Aug 2026

Why the industry's public position changed is difficult to say. What the developments did establish, though, is that ethanol-blended petrol has become one of the country's most politically and commercially sensitive policy issues.

Box Office: The Odyssey Takes Superb Start, Dhamaal 4 Is A HIT

Box Office: The Odyssey Takes Superb Start, Dhamaal 4 Is A HIT

Rediff.com20 Jul 2026

The box office is buzzing with activity as the Hollywood blockbuster The Odyssey makes a superb debut, while the Bollywood comedy Dhamaal 4 continues its successful run.

How China's Robot Employees Are Revolutionising Park Management

How China's Robot Employees Are Revolutionising Park Management

Rediff.com5 Aug 2026

China has deployed 72 "robot employees" across Beijing's municipal parks to perform various tasks like cleaning, patrolling, guiding visitors, and pest control. This initiative is part of China's "Robot Plus" strategy, driven by an ageing population and labour shortages, and showcases the growing domestic service robot market. These AI-powered robots enhance efficiency and visitor experience in popular attractions like the Summer Palace and Zizhuyuan Park.

AFC slams FIFA's $20bn World Cup plan as 'unacceptable'

AFC slams FIFA's $20bn World Cup plan as 'unacceptable'

Rediff.com30 Jul 2026

Asian Football Confederation president Sheikh Salman bin Ebrahim Al-Khalifa has strongly criticised FIFA's plan to sell stakes in the World Cup to private investors, calling the lack of consultation "totally unacceptable". He stated that FIFA's unilateral actions undermine continental football and urged member federations to await further discussions before approving the $20 billion proposal.

Russia issues arrest warrant for Telegram CEO Pavel Durov

Russia issues arrest warrant for Telegram CEO Pavel Durov

Rediff.com29 Jul 2026

Russia's Federal Security Service (FSB) has charged Telegram co-founder Pavel Durov with facilitating terrorist activities and initiated procedures to place him on the international wanted list, according to Russian state-run news agency TASS.

How AI Is Set To Revolutionise India's Power Generation By 2030

How AI Is Set To Revolutionise India's Power Generation By 2030

Rediff.com6 Aug 2026

A new study by The Energy & Climate Initiative Society (ENCIS) predicts that AI adoption in India's power generation sector will surge from 35% to 65% by 2030, becoming a core operational capability. The study highlights that nearly seven out of ten professionals see power generation as offering the best opportunity for efficiency gains through AI, driven by India's expanding digital infrastructure and significant investments from energy giants. Predictive asset management and proactive maintenance are identified as key areas for AI application, with efficiency being the primary driver for AI investments.

Claude AI Gets India Data Residency

Claude AI Gets India Data Residency

Rediff.com4 Aug 2026

The move comes amid growing demand from organisations in India for local access to Claude.

10 Stars Who Clashed With Themselves On The Same Day!

10 Stars Who Clashed With Themselves On The Same Day!

Rediff.com12 Aug 2026

Before Shabana Azmi tries to outrival herself in the Batwara 1947 and Awarapan 2 clash, we look at other Bollywood stars whose films released on the same day.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

UPI payments to remain free, charges to apply only on...: Govt

UPI payments to remain free, charges to apply only on...: Govt

Rediff.com8 Aug 2026

The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.

NITI Aayog's Vision For India's Bioeconomy Growth

NITI Aayog's Vision For India's Bioeconomy Growth

Rediff.com16 Jul 2026

A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.

When The 'Jackfruit King' Met PM Modi

When The 'Jackfruit King' Met PM Modi

Rediff.com12 Aug 2026

'He wanted to know what products I'd brought along, so I showed him jackfruit flour, which research has linked to managing type 2 diabetes.' 'Then jackfruit seed flour, a strong source of protein that rural households have eaten for generations without it ever becoming a commercial product. I gave him ripe jackfruit chips too.'

How much did Modi's 23 foreign trips in 2025 cost? Here's the breakdown

How much did Modi's 23 foreign trips in 2025 cost? Here's the breakdown

Rediff.com6 Aug 2026

Over Rs 180 crore was incurred on Prime Minister Narendra Modi's visit to 23 countries including the US, the UK, France, China and Japan in 2025, according to data shared by the government.

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Rediff.com6 Aug 2026

Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Rediff.com24 Jul 2026

Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.

RBI Keeps Tata Sons Waiting

RBI Keeps Tata Sons Waiting

Rediff.com7 Aug 2026

The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.

Can Social Media Age Bans Work?

Can Social Media Age Bans Work?

Rediff.com7 Aug 2026

At what age should society stop regulating life choices and allow people to make their own?

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com24 Jul 2026

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com24 Jul 2026

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.