Search results for 'Global Services'

Blow to Trump as US Supreme Court strikes down his sweeping tariffs

Blow to Trump as US Supreme Court strikes down his sweeping tariffs

Rediff.com20 Feb 2026

The verdict marks a notable shift from a series of recent wins for Trump at the Supreme Court.

India's energy sector battles taxes, global turmoil

India's energy sector battles taxes, global turmoil

Rediff.com13 Oct 2025

India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.

Budget 2026 boosts healthcare spend, drugs relief

Budget 2026 boosts healthcare spend, drugs relief

Rediff.com1 Feb 2026

The government on Sunday gave a strong push to upgradation and expansion of healthcare infrastructure, medical education and pharma sector with the Union Budget 2026-27 announcing a slew of steps, including those aimed at making India a global hub for allied healthcare professionals and biopharma manufacturing.

UK, France planning to arm Ukraine with nukes: Russia

UK, France planning to arm Ukraine with nukes: Russia

Rediff.com25 Feb 2026

A Russian intelligence agency has claimed that the UK and France are covertly planning to transfer nuclear weapons to Ukraine, alleging a violation of international law.

'Let's Stop Treating AI Like COVID'

'Let's Stop Treating AI Like COVID'

Rediff.com2 Mar 2026

'It is too early to conclude that there will be a bloodbath, that there will be no jobs, and that there will be civil unrest.' 'Let's calm down.' 'AI is a tool, it is not a weapon, it is not a virus.'

Trump's tariff junked: What it means for Indian companies

Trump's tariff junked: What it means for Indian companies

Rediff.com21 Feb 2026

India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.

Budget 2026 backs jobs, tech and capital markets

Budget 2026 backs jobs, tech and capital markets

Rediff.com4 Feb 2026

The Budget emerges as a measured, credible and forward-looking policy document that reinforces India's commitment to remaining a stable, reform-oriented economy amid an increasingly fragmented global landscape, says A Balasubramanian.

Modi speaks to Arab leaders as conflict widens

Modi speaks to Arab leaders as conflict widens

Rediff.com3 Mar 2026

Prime Minister Narendra Modi spoke with leaders from Oman, Kuwait, and Qatar, expressing concern over attacks in West Asia and discussing the safety of the Indian community.

Sensex climbs 329 points on global markets' rally

Sensex climbs 329 points on global markets' rally

Rediff.com25 Aug 2025

From the Sensex firms, Infosys, Tata Consultancy Services, HCL Tech, Tech Mahindra, Tata Motors, Sun Pharma, Maruti and Titan were among the major gainers. Bharat Electronics, Asian Paints, Bharti Airtel and ICICI Bank were among the laggards.

Sensex climbed 208 points even as investors turned to profit-booking

Sensex climbed 208 points even as investors turned to profit-booking

Rediff.com10 Feb 2026

Equity benchmark indices Sensex and Nifty advanced for the third straight session on Tuesday driven by firm global cues and optimism over India-US trade agreement, even as investors turned to profit-booking at higher levels.

Three key drivers for the equity markets this week

Three key drivers for the equity markets this week

Rediff.com4 Jan 2026

Macroeconomic data announcements, global trends and trading activity of foreign investors would be major driving factors for market movement this week, analysts said. Unabated capital infusion by domestic institutional investors have supported the positive trend in the stock market last week, traders said.

Sensex jumps 944 points on value-buying in oil, auto, banking stocks

Sensex jumps 944 points on value-buying in oil, auto, banking stocks

Rediff.com2 Feb 2026

Bharat Electronics, Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, InterGlobe Aviation, ICICI Bank and UltraTech Cement were among the other major gainers. Axis Bank, Infosys, Tata Consultancy Services, Trent and Titan were the laggards.

Jefferies downgrades IT, cuts earnings estimates

Jefferies downgrades IT, cuts earnings estimates

Rediff.com24 Feb 2026

Jefferies has downgraded Indian information technology (IT) companies Infosys, HCLTech, and Mphasis to "hold"; LTI MindTree, Tata Consultancy Services (TCS) and Hexaware to "underperform", citing artificial intelligence (AI)-related concerns. Coforge, Sagility and IKS, however, still remain its top picks.

What Caused Nifty IT's 6% Fall On Thu?

What Caused Nifty IT's 6% Fall On Thu?

Rediff.com13 Feb 2026

The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

India, EU free trade deal to likely conclude on Jan 27

India, EU free trade deal to likely conclude on Jan 27

Rediff.com25 Jan 2026

India and the European Union are set to announce on January 27 the conclusion of negotiations and finalisation of a free trade agreement, which is aimed at boosting economic ties between the two regions amid disruptions in global trade due to US tariffs, an official said.

India's services sector growth hits 15-year high in Aug

India's services sector growth hits 15-year high in Aug

Rediff.com3 Sep 2025

The Indian services sector growth touched a 15-year high in August, driven by a sharp rise in new orders and output, amid substantial improvement in demand conditions, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was up from 60.5 in July to 62.9 in August, indicating the steepest rate of expansion since June 2010.

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com9 Mar 2026

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

HCLTech emerges fastest growing IT firm amid global headwinds

HCLTech emerges fastest growing IT firm amid global headwinds

Rediff.com27 Oct 2025

Indian information technology (IT) services companies reported lacklustre growth in the second quarter, at a time when the macroeconomic environment did not deteriorate further. HCLTech emerged the best performer among India's top six IT services firms with a constant-currency growth rate of 4.6 per cent, even though uncertainties continued to persist.

Cognizant Reports Strong Q4 Growth, Fueled by AI and Large Deals

Cognizant Reports Strong Q4 Growth, Fueled by AI and Large Deals

Rediff.com5 Feb 2026

Cognizant reported a significant increase in net income for the December quarter, driven by AI efficiencies and strong performance in the financial services sector. The company also announced a major deal and provided guidance for the upcoming year.

Supreme Court's ruling on tariffs is deeply disappointing: Trump

Supreme Court's ruling on tariffs is deeply disappointing: Trump

Rediff.com21 Feb 2026

The ruling is expected to have wide-ranging consequences for global trade, businesses, consumers, inflation trends and household finances across the country.

Global headwinds likely to show in IT firms' Q2 results

Global headwinds likely to show in IT firms' Q2 results

Rediff.com8 Oct 2025

Indian information-technology (IT) service providers are likely to report another quarter (July-September) of low, single-digit growth owing to macro uncertainties, chiefly emanating from America, with no respite in sight even in the second half of the year.

GST Collections Rise by 8.1% in February

GST Collections Rise by 8.1% in February

Rediff.com1 Mar 2026

India's gross GST collection increased by 8.1 per cent to over Rs 1.83 lakh crore in February, driven by higher import revenues and improved domestic sales. Despite some states reporting negative or below-average growth, experts see the overall trend as a sign of a maturing tax ecosystem and a confident domestic market.

FPI Inflow Hits 17-month High at Rs 22,615 cr In Feb

FPI Inflow Hits 17-month High at Rs 22,615 cr In Feb

Rediff.com1 Mar 2026

Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, marking the highest monthly inflow in 17 months, driven by factors such as the interim India-US trade deal, correction in domestic market valuations, and strong corporate earnings.

Is US using Indian ports to strike Iran? MEA clarifies

Is US using Indian ports to strike Iran? MEA clarifies

Rediff.com5 Mar 2026

India has firmly denied allegations that the US Navy is using its ports to launch attacks against Iran, reaffirming its commitment to strategic autonomy and non-alignment in international conflicts.

'India Is Critical Hub For GlobalLogic's Operations'

'India Is Critical Hub For GlobalLogic's Operations'

Rediff.com30 Aug 2025

'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'

CCS assesses West Asia crisis, orders steps to help stranded Indians

CCS assesses West Asia crisis, orders steps to help stranded Indians

Rediff.com2 Mar 2026

The Cabinet Committee on Security (CCS) has reviewed the evolving situation in West Asia, directing departments to assist Indian nationals affected by recent developments and emphasizing the need for dialogue and diplomacy.

Meta Flags DPDP Compliance Timeline Concerns

Meta Flags DPDP Compliance Timeline Concerns

Rediff.com4 Mar 2026

'We do have some concerns with the timeline being shortened from 18 to 12 months.'

Will India Face Oil Shock from Iran Crisis?

Will India Face Oil Shock from Iran Crisis?

Rediff.com2 Mar 2026

Will rising tensions between US-Israel and Iran threaten crude oil supply through the Strait of Hormuz, putting India's fuel prices, imports, and economic stability at risk?

First meet at Seva Teerth: Cabinet pledges citizen-centric governance

First meet at Seva Teerth: Cabinet pledges citizen-centric governance

Rediff.com24 Feb 2026

The Union Cabinet, meeting at the new PMO complex 'Seva Teerth', resolved to prioritize citizen empowerment and service in all its decisions, guided by the principle of 'Nagrik Devo Bhava'.

Iran War Exposes Washington's Strategic Chaos

Iran War Exposes Washington's Strategic Chaos

Rediff.com12 Mar 2026

What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.

Equity Markets' Challenges: Weak Demand, High Valuation

Equity Markets' Challenges: Weak Demand, High Valuation

Rediff.com17 Feb 2026

Trade deals ease risks for Indian equities, but weak demand and stretched valuations raise questions over whether optimism -- especially in smallcaps -- can turn into a sustained bull run, points out Debashis Basu.

'India Lags Behind In Innovation Leadership'

'India Lags Behind In Innovation Leadership'

Rediff.com6 Jan 2026

'We frequently discuss AI, but we're waiting for other countries to develop solutions rather than creating intellectual property ourselves.' 'We haven't yet produced comprehensive AI solutions developed in India for global markets.'

Exports rise 1.87% in December 2025; trade deficit widens marginally

Exports rise 1.87% in December 2025; trade deficit widens marginally

Rediff.com15 Jan 2026

The country's exports rose 1.87 per cent to $38.5 billion in December 2025 despite global economic uncertainties, though an increase in imports led to a marginal widening of the trade deficit to $25 billion.

Brokerage stocks tank over 18% as Budget hikes STT on commodity futures

Brokerage stocks tank over 18% as Budget hikes STT on commodity futures

Rediff.com1 Feb 2026

Shares of brokerage-related companies nosedived 18 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed raising securities transaction tax on commodity futures to 0.05 per cent from 0.02 per cent in the Union Budget 2026-27.

The Samsung Galaxy Z Flip7 You Can't Buy

The Samsung Galaxy Z Flip7 You Can't Buy

Rediff.com5 Feb 2026

Samsung has revealed a bespoke Galaxy Z Flip7 Olympic Edition, crafted solely for competitors at the Milano Cortina 2026 Winter Olympics and Paralympic Winter Games.

Budget reflects a maturing economy

Budget reflects a maturing economy

Rediff.com11 Feb 2026

The Budget reflects a clear focus on strengthening India's long-term prospects by leaning on nation-building sectors such as infrastructure, manufacturing, and technology while maintaining fiscal responsibility.

500% US Tariff Threat Looms Over India

500% US Tariff Threat Looms Over India

Rediff.com9 Jan 2026

A 500 per cent tariff would effectively shut out India's goods and services exports to the US.

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

Rediff.com16 Feb 2026

The Enforcement Directorate (ED) has imposed a Rs 184-crore penalty on NewsClick and its founder, Prabir Purkayastha, for alleged FEMA violations related to foreign funding and misrepresentation of business activities.

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.