Search results for 'IT sector'

Big boost to Aatmanirbharta! India to develop 1000-kg aerial bomb

Big boost to Aatmanirbharta! India to develop 1000-kg aerial bomb

Rediff.com4 days ago

The Indian defence ministry has initiated a project to indigenously design and develop a 1000-kg aerial bomb for the Indian Air Force (IAF), aiming to enhance self-reliance in the defence sector.

Delhi Police Investigates Officer Over Alleged Assault on Shopkeeper

Delhi Police Investigates Officer Over Alleged Assault on Shopkeeper

Rediff.com3 days ago

A woman sub-inspector with the Delhi Police is under investigation after allegedly slapping a 78-year-old shopkeeper during a parking dispute in Rohini, northwest Delhi.

Auto cos delivered record 2,96,71,064 units in FY26; 13.3% jump YoY

Auto cos delivered record 2,96,71,064 units in FY26; 13.3% jump YoY

Rediff.com2 days ago

India's auto retail sector achieved record-breaking sales of 2,96,71,064 units in FY26, a 13.3% increase, primarily driven by the implementation of GST 2.0 which reduced the tax burden on mass-segment vehicles, according to the Federation of Automobile Dealers Associations (FADA).

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Rediff.com9 Feb 2026

Led by the country's biggest lender State Bank of India (SBI), public sector banks logged a record cumulative profit of Rs 52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.

Air India CEO Campbell Wilson Steps Down; Successor Search Begins

Air India CEO Campbell Wilson Steps Down; Successor Search Begins

Rediff.com1 days ago

Air India CEO and MD Campbell Wilson has resigned after four years at the helm, prompting the airline to form a committee to find his replacement. Wilson's tenure saw significant changes, including the merger of airlines and fleet expansion, but also faced challenges such as the London-bound flight crash and safety concerns.

Stock Markets Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Stock Markets Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Rediff.com19 hours ago

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

PFBR milestone: Kalpakkam reactor achieves first criticality

PFBR milestone: Kalpakkam reactor achieves first criticality

Rediff.com1 days ago

India's 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Chennai has achieved first criticality, marking a significant advancement in the country's nuclear energy capabilities and long-term energy security.

LPG crisis may cut sugar demand by 400,000 tonnes: Isma chief

LPG crisis may cut sugar demand by 400,000 tonnes: Isma chief

Rediff.com15 hours ago

India's sugar consumption is projected to fall by nearly 400,000 tonnes in the 2025-26 season, primarily due to the ongoing liquefied petroleum gas (LPG) shortage exacerbated by the West Asia conflict and unseasonably cool weather.

Gurugram Officials Bust LPG Black Marketing Operation, Seize Cylinders

Gurugram Officials Bust LPG Black Marketing Operation, Seize Cylinders

Rediff.com24 Mar 2026

Authorities in Gurugram, India, have cracked down on the black marketing of domestic LPG cylinders, seizing 32 cylinders and detaining one individual involved in illegally siphoning gas.

Sensex P/E valuations lowest since May '20 amid FPI selloff

Sensex P/E valuations lowest since May '20 amid FPI selloff

Rediff.com2 days ago

The benchmark BSE Sensex's trailing 12-month price-to-earnings (P/E) multiple has declined to 20.2x, its lowest since May 2020, driven by a record $42 billion FPI selloff since September 2024 and concerns over corporate earnings and economic growth.

How Research and Applied Sciences Can Drive India's Sustainability Goals

How Research and Applied Sciences Can Drive India's Sustainability Goals

Rediff.com2 days ago

CSIR Director General N Kalaiselvi emphasised the importance of research and applied sciences in developing sustainable solutions for India's energy security and environmental challenges at an international conference on Sustainability Through Fundamental and Applied Sciences (STFAS), 2026.

Gurugram Police Crack Down on Extortion Ring Preying on Street Vendors

Gurugram Police Crack Down on Extortion Ring Preying on Street Vendors

Rediff.com4 days ago

Gurugram police have arrested two individuals allegedly involved in an extortion racket targeting street vendors and small shopkeepers. The arrests followed a complaint by a paan shop owner, and investigations revealed a history of criminal activity by the accused.

Experts Call for Unified Framework to Boost India's Energy Storage Capacity

Experts Call for Unified Framework to Boost India's Energy Storage Capacity

Rediff.com25 Mar 2026

Industry experts and the India Energy Storage Alliance (IESA) advocate for a unified framework to address the significant supply gap in domestic cell manufacturing, crucial for enhancing India's energy storage capabilities and reducing reliance on imports.

Sensex and Nifty Rally as US-Iran Ceasefire Boosts Global Markets

Sensex and Nifty Rally as US-Iran Ceasefire Boosts Global Markets

Rediff.com10 hours ago

Indian stock markets experienced a significant rally following the announcement of a US-Iran ceasefire, coupled with a drop in crude oil prices. The Sensex and Nifty both closed nearly 4 per cent higher, mirroring gains in global markets.

Gurugram Man, 54, Takes Own Life Amid Depression

Gurugram Man, 54, Takes Own Life Amid Depression

Rediff.com25 Mar 2026

A 54-year-old man allegedly died by suicide in Gurugram, jumping from a building. Police suspect depression as a contributing factor. The deceased, identified as Anand Subroto, resided in Vatika City and was reportedly staying in an Airbnb apartment.

Stock Market Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Stock Market Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Rediff.com7 days ago

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Stock Market Today: Sensex, Nifty50 Dip on High Crude Price

Stock Market Today: Sensex, Nifty50 Dip on High Crude Price

Rediff.com2 days ago

Indian equities on Dalal Street declined in early trade on Monday as crude oil prices climbed amid fears of further escalation in the West Asia the war. Track Sensex, Nifty50 movement and key market drivers for Apr 6, 2026.

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rediff.com6 hours ago

The Indian rupee saw a significant appreciation against the US dollar following President Trump's suspension of military strikes against Iran and the Reserve Bank of India's decision to maintain its key interest rate. Market sentiment was further buoyed by positive comments from the RBI regarding the health of the banking sector.

Sensex and Nifty Recover as Crude Oil Prices Dip and Bank Stocks Rally

Sensex and Nifty Recover as Crude Oil Prices Dip and Bank Stocks Rally

Rediff.com2 days ago

Indian benchmark indices Sensex and Nifty rebounded sharply on Monday, driven by a correction in crude oil prices due to ceasefire efforts in West Asia and strong buying in bank stocks.

800 Taliban killed in ongoing operation: Pakistan

800 Taliban killed in ongoing operation: Pakistan

Rediff.com3 days ago

Pakistan's Information Minister claims nearly 800 Afghan Taliban terrorists have been killed in Operation Ghazab lil-Haq, launched in response to cross-border firing.

Vaishnaw Chairs Meeting on AI, Emerging Technologies, and Electronics Manufacturing

Vaishnaw Chairs Meeting on AI, Emerging Technologies, and Electronics Manufacturing

Rediff.com25 Mar 2026

Union Minister Ashwini Vaishnaw chaired a meeting focusing on Artificial Intelligence, emerging technologies, and electronics hardware manufacturing, highlighting India's progress and future roadmap in these sectors.

India's Government Embraces AI for Efficiency and Transparency

India's Government Embraces AI for Efficiency and Transparency

Rediff.com2 days ago

The Department of Personnel and Training (DoPT) in India is actively integrating artificial intelligence (AI) into government processes to enhance efficiency, transparency, and accuracy. Initiatives include AI-enabled solutions for salary processing, grievance handling, and training content development, with a focus on data security and ethical use.

BSF Detains Pakistani Intruder Near International Border in Samba

BSF Detains Pakistani Intruder Near International Border in Samba

Rediff.com25 Mar 2026

A Pakistani intruder was detained by the Border Security Force (BSF) along the International Border in Jammu and Kashmir's Samba district after inadvertently crossing the border.

The Most Vicious Phase Of The War Is About To Begin

The Most Vicious Phase Of The War Is About To Begin

Rediff.com4 days ago

The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.

Govt ready with corrective steps: Union minister on West Asia conflict

Govt ready with corrective steps: Union minister on West Asia conflict

Rediff.com30 Mar 2026

The Indian government has implemented several measures to mitigate external risks, support the balance of payments, and maintain macroeconomic stability amidst the ongoing West Asia crisis, according to Minister of State for Finance Pankaj Chaudhary.

Jindal Steel Turns to Syngas to Overcome Natural Gas Shortages

Jindal Steel Turns to Syngas to Overcome Natural Gas Shortages

Rediff.com2 days ago

Jindal Steel has successfully deployed syngas in its galvanising and colour coating line furnaces to combat shortages of natural gas, LPG, and propane. This innovative approach allows the company to sustain operations and promotes energy self-reliance.

Modi calls for action to protect citizens from West Asia conflict impact

Modi calls for action to protect citizens from West Asia conflict impact

Rediff.com7 days ago

Prime Minister Narendra Modi convened the Cabinet Committee on Security to address the impact of the West Asia conflict on Indian citizens, focusing on safeguarding them from the conflict's effects and ensuring the smooth flow of essential supplies.

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Rediff.com30 Mar 2026

The budget session of the Delhi Assembly concluded with over 15 hours of legislative business. Speaker Vijender Gupta voiced concerns over the opposition's conduct during the session.

Pro-Kannada protest targets Guv over 'Hindi bias', demand recall

Pro-Kannada protest targets Guv over 'Hindi bias', demand recall

Rediff.com2 days ago

A pro-Kannada organisation protested against the Governor of Karnataka over a letter asking the state government to reconsider its decision to replace the marks system with a grading system for the third language in the SSLC exam.

Noida Man, Battling Cancer, Ends Life at Hospital

Noida Man, Battling Cancer, Ends Life at Hospital

Rediff.com26 Mar 2026

A 47-year-old man undergoing cancer treatment allegedly died by suicide after jumping from the fifth floor of a private hospital in Noida, police said.

Omar Abdullah Emphasises Transparency in J&K Recruitment Drive

Omar Abdullah Emphasises Transparency in J&K Recruitment Drive

Rediff.com31 Mar 2026

Jammu and Kashmir Chief Minister Omar Abdullah has affirmed his government's commitment to a transparent recruitment process, aiming to fill 25,000 vacancies this year while avoiding legal complications.

Privatisation push loses steam as IDBI Bank stake sale scrapped

Privatisation push loses steam as IDBI Bank stake sale scrapped

Rediff.com23 Mar 2026

India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.

Chandigarh Blast: Five Arrested, Pakistan ISI Link Suspected

Chandigarh Blast: Five Arrested, Pakistan ISI Link Suspected

Rediff.com4 days ago

Punjab Police have arrested five individuals in connection with the blast outside the Punjab BJP headquarters in Chandigarh, with preliminary investigations suggesting a link to Pakistan's ISI.

Chandigarh Blast: Five Arrested, Pakistan ISI Link Suspected

Chandigarh Blast: Five Arrested, Pakistan ISI Link Suspected

Rediff.com4 days ago

Punjab Police have arrested five individuals in connection with the blast outside the Punjab BJP headquarters in Chandigarh, with initial investigations suggesting a link to Pakistan's ISI.

How Indian Agriculture Initiatives Have Doubled Farmer Income

How Indian Agriculture Initiatives Have Doubled Farmer Income

Rediff.com24 Mar 2026

Union Minister Shivraj Singh Chouhan informed the Lok Sabha that government initiatives in the agriculture sector have doubled farmers' income through measures like MSP and fertiliser subsidies.

India, US to continue efforts to finalise interim trade deal: USTR

India, US to continue efforts to finalise interim trade deal: USTR

Rediff.com6 days ago

India and the United States are committed to finalising an interim trade agreement, despite recent challenges including the US imposing a blanket 10 per cent surcharge and India's decision to wait for a new global tariff architecture. The US Trade Representative's annual report highlights India's maintained high import tariffs and various non-tariff barriers across several sectors.

ISRO Highlights Crucial Role of Mission Operations in India's Space Ambitions

ISRO Highlights Crucial Role of Mission Operations in India's Space Ambitions

Rediff.com14 hours ago

ISRO Chairman V Narayanan has emphasised the critical role of mission operations in ensuring the success of India's expanding space programme. He highlighted this at the Spacecraft Mission Operations conference, noting the importance of sustained teamwork and operational precision, particularly for long-duration missions like Chandrayaan-3 and the upcoming Gaganyaan programme.

Faridabad Woman Killed Over Land Compensation Dispute

Faridabad Woman Killed Over Land Compensation Dispute

Rediff.com30 Mar 2026

A 65-year-old woman in Faridabad was allegedly murdered by her son and daughter-in-law over a dispute regarding land compensation money.

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Rediff.com7 hours ago

TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.

Proposed H-1B wage hike to impact Indian IT, favouring higher-skilled workers

Proposed H-1B wage hike to impact Indian IT, favouring higher-skilled workers

Rediff.com2 days ago

The Trump administration's proposed H-1B wage structure aims to increase pay for skilled overseas workers in the US by an average of $14,000, with Level I wages potentially rising to $97,746. This move, coupled with a weighted selection process favouring higher-skilled workers, is intended to curb abuse of visa programmes and ensure parity with American workers, but has already led to a sharp decline in H-1B applications, particularly from Indian IT companies.