Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.
Aam Aadmi Party (AAP) faces a significant setback as several of its Rajya Sabha MPs, including key figures like Raghav Chadha and Sandeep Pathak, resign from the party, with some reportedly joining the BJP.
'We were in a heavily nuclearised environment. China had tested for Pakistan in the 1980s and helped their missile programme stay just one step behind us.'
Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.
The United States Trade Representative (USTR) office on Wednesday launched a sweeping investigation into manufacturing and industrial practices in 16 economies, including India, citing concerns over what it calls 'structural excess capacity' that could distort global trade. Announcing the move on a White House press call, Jamieson Greer said the probe would be conducted under Section 301 of the Trade Act of 1974, one of Washington, DC's most powerful trade enforcement tools.
A powerful 7.5 magnitude earthquake struck northeastern and northern Japan, prompting a tsunami warning for the Pacific coasts of Hokkaido, Aomori, and Iwate prefectures. Tsunami waves of up to 3 meters were forecast, and residents were urged to evacuate to higher ground. No abnormalities were reported at nuclear plants.
A new survey indicates that Indian employers are planning to increase hiring in the April-June quarter, driven by strong business confidence and domestic demand. The survey also highlights the impact of AI adoption on workforce strategy and the challenges of talent scarcity.
The Uttarakhand High Court has ruled that a father cannot avoid his responsibility to provide maintenance for his minor child by claiming the mother's income or his own financial obligations.
The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.
A new US intelligence report warns that India and Pakistan's relations remain at risk for nuclear conflict, fueled by terrorism and escalating tensions in the region.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
In which area of Indian life are women not running the show?
IRCTC is expanding its payments arm, IRCTC Payments, to handle transactions across its ticketing platform and tap government clients, aiming to scale its annual payment processing to approximately 1 trillion.
'The reason why they rushed through the bill was they wanted to avoid using the 2026 Census because the 2026 Census by their own decision will be a caste census.' 'The BJP knows that a significant share of the OBCs who will get captured in the census, for the first time after the 1931 Census, are against the BJP. Only a segment of the OBCs are in their favour.' 'So they wanted to avoid the OBC reservation among women, which is a demand of a lot of Opposition parties.'
Increased input costs due to geopolitical conflict in West Asia and unseasonal rain in March negatively impacted volumes of consumer durables makers, particularly air conditioners, in Q4FY26, leading to projected declines in EBITDA and APAT despite revenue growth.
India's services PMI marginally dipped to 58.4 in November while employment in the segment recorded robust growth, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services Business Activity Index was down marginally to 58.4 from 58.5 in October as sales increased at a softer pace. Last month, the country's services PMI recovered from its 10-month low.
A 27-year-old man was allegedly charred to death in Bengaluru after his girlfriend set him on fire at her house. Police suspect the murder was premeditated, as the woman believed he had been avoiding her.
Bank of Baroda has partnered with Reliance Jio to provide access to its mobile banking application, 'bob World Lite', for users of Jio feature phones, aiming to promote financial inclusion and digital payments.
A US national was allegedly sexually assaulted at a homestay in Kodagu, Karnataka, leading to the arrest of a staff member and the owner, who reportedly attempted to cover up the incident.
Air India and Air India Express are introducing a fuel surcharge on domestic and international flights due to rising jet fuel prices, impacting travel costs for passengers.
There is record underperformance and under-ownership. Some of this is cyclical and will turn on its own. However, we also need to regain our growth credentials. For this, both the government and companies have a role to play, as do investors, points out Akash Prakash.
Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard
The Centre informed the Supreme Court that ten Indians have died while fighting alongside Russian forces in the Russia-Ukraine war. The court is hearing a plea seeking the repatriation of Indians allegedly forced to fight.
The CPI-M and Congress in Kerala have raised concerns over the delay in the release of detailed polling data from the recent assembly elections.
Congress leader Shashi Tharoor is urging the Indian government to take a more proactive role in mediating the escalating conflict between the US-Israel alliance and Iran, emphasising the impact on India's energy security and regional stability.
A Fly91 flight from Hyderabad to Hubballi was diverted to Bengaluru due to adverse weather conditions, causing concern among passengers before safely returning to its destination.
Tata Consultancy Services (TCS) has extended 25,000 offers to freshers for the current fiscal year (FY27), with future hiring decisions contingent on the demand scenario, according to CEO K Krithivasan.
The Athletics Federation of India (AFI) has revealed that a significant majority of synthetic tracks in the country are substandard, raising concerns about athlete performance and track longevity. The AFI is now working with World Athletics to improve track certification and vendor quality.
If Trump wants peace with Iran, Pakistan will offer to help. If Trump seeks Pakistan's aid to spy on Iran, then too Munir will not hesitate to chip in. At the same time, the ISI will not hesitate to tip off Iran now and then, points out M R Narayan Swamy.
Artificial intelligence (AI) is emerging as a potential new demand driver for India's office market, with AI-focused technology (tech) firms actively leasing new office space and established information technology (IT) companies expanding their footprint as they ramp up investments in AI.
Uttar Pradesh Chief Minister Yogi Adityanath and other leaders paid tribute to the victims of the Jallianwala Bagh massacre on its anniversary, honouring their sacrifice and courage in the Indian freedom struggle.
Maharashtra Chief Minister Devendra Fadnavis expressed deep sorrow over the demise of Asha Bhosle, honouring her as an unparalleled versatile artist whose passing marks a significant loss for Indian and global music.
'We have lost 70-80 per cent of our business from foreign guests.'
Indian security agencies have arrested seven foreign nationals, including a US security analyst and six Ukrainians, for allegedly entering India illegally from Myanmar and suspected of training insurgent groups. The arrests have raised concerns about security vulnerabilities along the India-Myanmar border and triggered diplomatic friction.
'As result, Netanyahu 'convinced' Trump to go to war with the help of overoptimistic Israeli intelligence assessments, essentially explaining to him that they only need to bomb Iran for 3-4 days, and the regime would then collapse.' 'Rather unsurprisingly, Netanyahu is ever since blaming his own intel service for the entire operation failing.'
rediffGURU T S Khurana answers readers' personal income tax queries
'In a volatile global market, India is pursuing a low-risk, low-return policy, akin to a SIP -- slow, steady investment.' 'Pakistan is following a high-risk, high-return policy.'
Mumbai's metro network has expanded with the inauguration of the first phases of Metro Line 9 and Line 2B, promising improved connectivity and reduced travel times for commuters.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.
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