Search results for ' Commercial'

US strikes Iranian targets near Hormuz after mine attempt: Trump

US strikes Iranian targets near Hormuz after mine attempt: Trump

Rediff.com2 Sep 2026

US President Donald Trump on Tuesday said that Washington has launched a fresh wave of strikes against Iranian targets near the Strait of Hormuz. They come after what Trump claimed was in retaliation for Iran attempting to add sea mines to the Strait.

Buy A Mature Rocket Or Design A New One?

Buy A Mature Rocket Or Design A New One?

Rediff.com22 Sep 2026

Buying a mature rocket technology gives companies the designs and hardware know-how, but not necessarily the decades of engineering wisdom needed to make it work.

New UPI Charges: Understanding The Impact On Digital Payments

New UPI Charges: Understanding The Impact On Digital Payments

Rediff.com16 Sep 2026

The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.

Govt mulls random drug tests for all pilots

Govt mulls random drug tests for all pilots

Rediff.com25 Aug 2026

The Civil Aviation Ministry and the DGCA are actively discussing to make psychoactive substance testing standards for all commercial pilots.

India's Aerospace Future Takes Flight With HAL Deliveries

India's Aerospace Future Takes Flight With HAL Deliveries

Rediff.com18 Sep 2026

State-run Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv Next Generation helicopters to Pawan Hans. This significant handover, attended by Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu, underscores India's progress towards self-reliance in aerospace, strengthening both military and civil aviation capabilities with indigenous platforms.

Muzaffar Ali: 'Asha Bhosle Was Never Just A Voice'

Muzaffar Ali: 'Asha Bhosle Was Never Just A Voice'

Rediff.com9 Sep 2026

'Ashaji has not left the human heart. That is her true mehfil. That is where she resides -- unfading, unending.'

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Rediff.com18 Sep 2026

A significant boardroom battle has erupted at Tata Sons, India's largest conglomerate, following the board's decision to proceed with a public listing and extend N Chandrasekaran's tenure as executive chairman, moves opposed by Noel Tata, who represents the majority shareholder Tata Trusts.

India's tour of New Zealand: 50,000 tickets sold in 14 days!

India's tour of New Zealand: 50,000 tickets sold in 14 days!

Rediff.com9 Sep 2026

The marquee series against India starting late October has set the cash registers ringing at New Zealand Cricket headquarters as the parent body confirmed sale of more than 50,000 tickets since going on sale just over two weeks ago.

What Will Modi-Putin Discuss?

What Will Modi-Putin Discuss?

Rediff.com11 Sep 2026

One of the important topics of discussion between the two leaders is expected to be the Northern Sea Route and the Chennai-Vladivostok Maritime Corridor.

Why Left Parties Demand Withdrawal Of UPI Charges

Why Left Parties Demand Withdrawal Of UPI Charges

Rediff.com16 Sep 2026

Left parties have strongly condemned the government's decision to impose charges on UPI payments exceeding Rs 2,000, with CPI General Secretary D Raja alleging the move was made under "US pressure" to favour foreign payment companies. Both CPI and All India Forward Bloc demand the withdrawal of this "anti-people decision," arguing it burdens consumers and merchants while undermining UPI's role as a public digital infrastructure. They highlight concerns that the charges weaken India's digital sovereignty and serve commercial interests of foreign corporations like Visa and Mastercard.

CSIR Study Develops Advanced Model For Delhi's Environmental Noise Mapping

CSIR Study Develops Advanced Model For Delhi's Environmental Noise Mapping

Rediff.com1 Sep 2026

A new study by the Council of Scientific and Industrial Research (CSIR) has developed an integrated land-use regression (iLUR) model to map environmental noise across Delhi. This innovative approach combines geographical and real-time traffic data, including vehicle counts, speeds, and honking, to provide a more accurate and cost-effective understanding of noise distribution in the city's complex urban landscape. The model aims to help authorities plan targeted measures for noise control.

International ATF prices cut 27%; commercial LPG, 5-kg cylinder prices raised

International ATF prices cut 27%; commercial LPG, 5-kg cylinder prices raised

Rediff.com1 Jun 2026

India has significantly reduced Aviation Turbine Fuel (ATF) prices for international airlines by 27% due to easing global fuel benchmarks, while simultaneously increasing commercial LPG and 5-kg cylinder prices to record highs.

FIFA President Gianni Infantino confirms re-election bid amidst controversy

FIFA President Gianni Infantino confirms re-election bid amidst controversy

Rediff.com7 Sep 2026

FIFA President Gianni Infantino is committed to seeking re-election in March next year, despite facing renewed opposition following a controversial plan to sell a stake in FIFA competitions to private investors.

'Bigger Attacks Always Compromise Humans Than Systems'

'Bigger Attacks Always Compromise Humans Than Systems'

Rediff.com26 Aug 2026

Cybersecurity specialists warn AI-driven attacks require continuous threat monitoring instead of periodic security checks.

Infantino on course to survive FIFA vote as opponents explore new battle plan

Infantino on course to survive FIFA vote as opponents explore new battle plan

Rediff.com10 Sep 2026

Infantino appears to have enough global support to secure re-election, forcing opponents without a credible challenger to consider shifting from defeating him to curbing presidential powers.

Cargo vessel fire at China shipyard kills 25; Xi Jinping orders probe

Cargo vessel fire at China shipyard kills 25; Xi Jinping orders probe

Rediff.com10 Sep 2026

A devastating fire on a foreign-flagged cargo ship undergoing repairs at the Qingdao Beihai shipyard in eastern China has resulted in 20 fatalities. Chinese President Xi Jinping and Premier Li Qiang have issued directives for intensified search and rescue operations, thorough investigations into the cause, and enhanced safety measures across all sectors to prevent future accidents.

International flights to get one-year landing charge waiver at Navi Mumbai

International flights to get one-year landing charge waiver at Navi Mumbai

Rediff.com10 Sep 2026

The Airports Economic Regulatory Authority (AERA) has waived landing charges for international flights at the Navi Mumbai International Airport for one year, with phased discounts for subsequent years. This move aims to incentivise airlines to establish new international routes from the airport, modifying previous criteria that linked waivers to the broader Mumbai Metropolitan Region.

Kushner defends FIFA's $20 billion gamble, but concedes political miscalculation

Kushner defends FIFA's $20 billion gamble, but concedes political miscalculation

Rediff.com1 Sep 2026

Josh Kushner said Thrive Capital misjudged football's political dynamics, would have avoided FIFA's failed $20 billion rights plan, but still supports its aim of broader investment.

Nepal: New Lake Raises Fresh Flood Fears

Nepal: New Lake Raises Fresh Flood Fears

Rediff.com29 Aug 2026

This might lead to a further outburst, flooding downstream if left unchecked.

Toxic Sells 9 Lakh Advance Tickets!

Toxic Sells 9 Lakh Advance Tickets!

Rediff.com25 Aug 2026

Toxic has amassed a staggering Rs 41.75 crore in advance sales in India alone.

Forex Reserves Jump $45 Billion

Forex Reserves Jump $45 Billion

Rediff.com12 Sep 2026

'This rise in foreign exchange reserves was expected given the amount of FCNR(B) flow.'

'Kareena Performs From The Gut'

'Kareena Performs From The Gut'

Rediff.com17 Sep 2026

'Kareena is completely instinctive.'

'ISRO's Successes Must Not Be Privatised'

'ISRO's Successes Must Not Be Privatised'

Rediff.com17 Sep 2026

Their message is blunt: Public scientific wealth should not be transferred at what they describe as 'throwaway prices'.capability, recruitment, promotional avenues and the voice of its employees.

Understanding The New UPI Transaction Fees For Merchants

Understanding The New UPI Transaction Fees For Merchants

Rediff.com15 Sep 2026

The Indian government has introduced a 0.4% transaction fee on Unified Payments Interface (UPI) payments exceeding Rs 2,000 for merchants, effective October 15, marking the end of nearly six years of free service. Person-to-person transfers and small-value transactions below Rs 2,000 remain free. The new Merchant Discount Rate (MDR) is capped at Rs 300 for transactions above Rs 75,000, with differentiated rates for essential sectors and investments, and safeguards to prevent costs from being passed to consumers.

BRICS 2026: India's Chance To Make Diplomatic Gains

BRICS 2026: India's Chance To Make Diplomatic Gains

Rediff.com12 Sep 2026

For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.

One India, one time: IST to become sole official time standard

One India, one time: IST to become sole official time standard

Rediff.com30 Aug 2026

The Indian government has notified the Legal Metrology (Indian Standard Time) Rules, 2026, establishing IST as the sole reference for all official purposes nationwide. These rules, effective in 180 days, aim to synchronise digital systems, reduce reliance on foreign time sources, and enhance coordination across critical sectors like banking, railways, and telecommunications.

How UPI Rewired India's Money Story

How UPI Rewired India's Money Story

Rediff.com17 Sep 2026

Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.

Belgium withholds support for Infantino over Balogun red-card row

Belgium withholds support for Infantino over Balogun red-card row

Rediff.com7 Sep 2026

The Belgian football federation (RBFA) will not support Gianni Infantino's re-election as FIFA president unless it receives satisfactory answers regarding the handling of the Folarin Balogun red-card case at the World Cup and other governance concerns.

India Pioneers Tokenised Corporate Bonds With Sebi's Demat 2.0 Pilot

India Pioneers Tokenised Corporate Bonds With Sebi's Demat 2.0 Pilot

Rediff.com10 Sep 2026

India's markets regulator Sebi has launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds, enabling atomic settlement through integration with RBI's wholesale CBDC. This new market infrastructure uses Distributed Ledger Technology (DLT) to make bond issuance, trading, and settlement faster and more efficient. India is the first country to issue corporate bonds natively on a distributed ledger with central bank digital currency settlement. Additionally, RBI Governor announced new UPI innovations: 'Tap & Pay' for faster POS transactions and MyUPI, an AI-powered customer support solution.

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

Rediff.com27 Aug 2026

The National Company Law Tribunal (NCLT) has approved a repayment plan for media baron Subhash Chandra, allowing him to settle admitted creditor claims of approximately Rs 22,006.57 crore by paying just Rs 6.5 crore, resulting in a nearly 99.97 per cent haircut for lenders.

BRICS Summit 2026 Focuses On Practical Outcomes

BRICS Summit 2026 Focuses On Practical Outcomes

Rediff.com14 Sep 2026

The highlight of the successful BRICS Summit was its ability to deliver a joint statement that all members, including Iran and the United Arab Emirates, embroiled in the war in West Asia, signed.

ISL Kicks Off On October 10: Longer Season, Home-Away Format Returns

ISL Kicks Off On October 10: Longer Season, Home-Away Format Returns

Rediff.com5 Sep 2026

The Indian Super League (ISL) is set to return to its traditional home-and-away format for an extended eight-month season from October 2026 to May 2027.

US DHS deletes 'Mr Singh, off our roads' poster, dismisses backlash

US DHS deletes 'Mr Singh, off our roads' poster, dismisses backlash

Rediff.com11 Sep 2026

The US Department of Homeland Security removed a controversial X post featuring a Transformers-themed cartoon targeting an Indian Sikh man, Harjinder Singh, with racially charged language. The post, which linked Singh to vehicular homicide charges and used phrases like "Self deport or find out," drew fierce condemnation from Indian American organisations and Democratic lawmakers for its discriminatory nature. DHS initially dismissed the outcry but later removed the post without explanation, while continuing its campaign against "illegal aliens" involved in fatal traffic accidents.

India ready to help end Russia-Ukraine war, Jaishankar says in Kyiv

India ready to help end Russia-Ukraine war, Jaishankar says in Kyiv

Rediff.com3 Sep 2026

External Affairs Minister S Jaishankar visited Kyiv, reiterating India's readiness to assist in ending the Ukraine-Russia war. He emphasised that solutions would not emerge from the battlefield and highlighted Prime Minister Modi's call for an end to the conflict. Discussions also covered humanitarian aid, the impact on commercial shipping, and bilateral trade, with Jaishankar inviting his Ukrainian counterpart to India for further talks.

Brothel customers can't be prosecuted under ITPA: HC

Brothel customers can't be prosecuted under ITPA: HC

Rediff.com20 Aug 2026

The Allahabad High Court has ruled that a customer visiting a brothel for personal gratification cannot be prosecuted under Sections 3, 4, 5, and 7 of the Immoral Traffic (Prevention) Act, 1956. The court clarified that paying for personal lust does not constitute "procurement for the purpose of prostitution," which implies commercial exploitation. This decision led to the quashing of charges against a man apprehended in a Ghaziabad raid.

Criticism Of RBI's Swap Scheme Is Uncalled For

Criticism Of RBI's Swap Scheme Is Uncalled For

Rediff.com16 Sep 2026

It is important to understand that the rupee's appreciation, driven by the 2013 special swap scheme, reduced India's import costs for petroleum, oil, and gold, points out Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

AIFF, ISL Clubs Review Genius Sports' Commercial Rights Plan

AIFF, ISL Clubs Review Genius Sports' Commercial Rights Plan

Rediff.com23 Apr 2026

The All India Football Federation met with Genius Sports and Indian Super League club owners to discuss a major proposal regarding the league's commercial rights, focusing on a long-term vision for India's top-tier competition.

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

Rediff.com16 Sep 2026

The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.

UPI fee: Why govt is putting a price on big merchant payments

UPI fee: Why govt is putting a price on big merchant payments

Rediff.com16 Sep 2026

The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."

NBFCs see significant gold loan growth, outpacing banks

NBFCs see significant gold loan growth, outpacing banks

Rediff.com8 Sep 2026

Non-banking financial companies (NBFCs) experienced a significant 68.5 per cent year-on-year growth in gold-backed credit in July 2026, while banks saw their gold loan growth moderate to 88.1 per cent from 136.4 per cent a year prior, according to RBI data.