Search results for 'Sectorally'

Mumbai Man Beaten To Death By Friend Over Clothes Dispute

Mumbai Man Beaten To Death By Friend Over Clothes Dispute

Rediff.com11 Sep 2026

A 26-year-old man was allegedly beaten to death by his friend in Goregaon, Mumbai, following an argument over the victim using the friend's clothes and personal belongings without permission. The accused has been charged with murder, and police are searching for him.

IIT Gandhinagar Students Create AI System To Protect Critical Infrastructure

IIT Gandhinagar Students Create AI System To Protect Critical Infrastructure

Rediff.com6 days ago

Two IIT Gandhinagar students have developed "TrustGate," an AI-based cybersecurity system designed to protect critical infrastructure like water treatment plants and power grids. The system uniquely combines network traffic and physical sensor data to detect sophisticated cyber attacks, identify affected equipment, and provide real-time alerts to operators, earning them an international award.

Tax relief on insurance drives higher policy purchases, expands coverage

Tax relief on insurance drives higher policy purchases, expands coverage

Rediff.com7 days ago

The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.

Arunachal Pradesh Leaders Pay Tribute To Engineers On National Day

Arunachal Pradesh Leaders Pay Tribute To Engineers On National Day

Rediff.com15 Sep 2026

Arunachal Pradesh Chief Minister Pema Khandu and Deputy Chief Minister Chowna Mein paid rich tributes to engineers on National Engineers' Day, commemorating the birth anniversary of Sir M Visvesvaraya. They highlighted the crucial role of engineers in the state's development, infrastructure, and India's overall progress, acknowledging their contributions to nation-building and technological advancement.

Irdai proposes phased reduction in insurer expense limits, new commission framework

Irdai proposes phased reduction in insurer expense limits, new commission framework

Rediff.com5 days ago

The Insurance Regulatory and Development Authority of India (Irdai) has proposed a phased reduction in the expenses of management (EoM) limits for insurers, aiming to lower the overall cost of insurance and enhance returns for policyholders. The proposals also include a new framework for commissions, stricter measures against mis-selling, and mandatory cost audits.

India must prioritise 'speed of doing business' for sustained growth: CII President

India must prioritise 'speed of doing business' for sustained growth: CII President

Rediff.com17 Sep 2026

India needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.

Puja Before Helicopters Are Handed Over

Puja Before Helicopters Are Handed Over

Rediff.com19 Sep 2026

HAL has handed over a new batch of indigenous aircraft, marking another step in India's domestic aerospace manufacturing programme. The company delivered two LCA Tejas FOC twin-seater trainers to the IAF, completing twin-seater deliveries under the FOC contract.

US, EU flag India's 'trade barriers' at WTO, citing high tariffs, QCOs, and digital trade curbs

US, EU flag India's 'trade barriers' at WTO, citing high tariffs, QCOs, and digital trade curbs

Rediff.com10 Sep 2026

The United States and the European Union have strongly criticised India's trade policies at the World Trade Organization review, highlighting concerns over high tariffs, quality-control orders (QCOs), and restrictions on digital trade and services, which they argue undermine India's economic openness.

In-Charge CFO Caught In Bribery Trap

In-Charge CFO Caught In Bribery Trap

Rediff.com16 Sep 2026

Gandhinagar's in-charge Chief Fire Officer, Rajeshkumar Patel, was arrested by the Anti-Corruption Bureau (ACB) for allegedly accepting a Rs 20,000 bribe. The bribe was demanded for issuing a Fire Safety Renewal No Objection Certificate (NOC). The ACB successfully trapped Patel after a complaint was lodged.

How AI Is Reshaping Enterprise Data Strategy Globally

How AI Is Reshaping Enterprise Data Strategy Globally

Rediff.com12 Sep 2026

A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.

Jefferies foresees $60 billion domestic defence opportunity

Jefferies foresees $60 billion domestic defence opportunity

Rediff.com9 Sep 2026

Global brokerage Jefferies forecasts a double-digit compound annual growth rate (CAGR) for India's defence spending, estimating a cumulative domestic opportunity of over $60 billion across four years, driven by geopolitical tensions and the government's indigenisation push.

PIL in SC against govt's 0.4% MDR on UPI transactions above Rs 2,000

PIL in SC against govt's 0.4% MDR on UPI transactions above Rs 2,000

Rediff.com16 Sep 2026

A Public Interest Litigation has been filed in the Supreme Court challenging the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000. The plea argues that the levy was introduced without adequate statutory safeguards, transparency, or public consultation, and questions its constitutional validity and potential adverse effects on merchants and consumers.

Why Zero-Fee UPI Transactions Are Crucial For India's Digital Economy

Why Zero-Fee UPI Transactions Are Crucial For India's Digital Economy

Rediff.com21 Sep 2026

Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to maintain zero-fee UPI transactions for several more years, arguing that the benefits of UPI as a public good outweigh the costs. This comes amidst the government's recent decision to introduce a 0.4% fee on person-to-merchant UPI transactions above Rs 2,000 from October 15, a move that has drawn criticism.

ISRO, IN-SPACe Face Rocket Transfer Row

ISRO, IN-SPACe Face Rocket Transfer Row

Rediff.com8 Sep 2026

There is no answer to the question of how IN-SPACe invited EOIs for ISRO's mature rockets and whether it was based on any government policy decision.

Ganeshotsav 2026: Bappa Pics: From Ahmedabad to Germany

Ganeshotsav 2026: Bappa Pics: From Ahmedabad to Germany

Rediff.com19 Sep 2026

Families from Ahmedabad, Mumbai, Noida, Nagpur, and even Magdeburg in Germany share their Ganeshotsav 2026 celebrations with unique decorations, heartfelt prayers, and festive devotion.

Indian Equities Tank as Oil Surges, Rate Hike Fears Grip Global Markets

Indian Equities Tank as Oil Surges, Rate Hike Fears Grip Global Markets

Rediff.com15 Sep 2026

Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.

'Bank Customers Have Become Demanding'

'Bank Customers Have Become Demanding'

Rediff.com15 Sep 2026

'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'

Will Volkswagen be 4th time lucky with Indian partner?

Will Volkswagen be 4th time lucky with Indian partner?

Rediff.com4 days ago

Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.

Sanath Jayasuriya hails teen sensation Vaibhav Sooryavanshi as 'future' of Indian cricket

Sanath Jayasuriya hails teen sensation Vaibhav Sooryavanshi as 'future' of Indian cricket

Rediff.com20 Sep 2026

Sri Lankan legend Sanath Jayasuriya has lauded Indian teen cricketer Vaibhav Sooryavanshi, calling him a 'different kind of talent' and the 'future for India', despite his recent exclusion from the playing XI against Afghanistan.

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Rediff.com17 Sep 2026

Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.

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.

AI-led pricing pressure to drive consolidation among mid-tier IT firms

AI-led pricing pressure to drive consolidation among mid-tier IT firms

Rediff.com22 Sep 2026

India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.

Satyarthi Fellowship To Train Young Leaders In Compassionate Action

Satyarthi Fellowship To Train Young Leaders In Compassionate Action

Rediff.com18 Sep 2026

Nobel laureate Kailash Satyarthi's movement has launched the Satyarthi Fellowship, a year-long global leadership programme designed to train young leaders in compassionate action and drive social change. The fellowship focuses on immersive learning, grassroots engagement, and mentorship, building on the Satyarthi Summer School model.

India Is A Maritime Nation In Geography, Not In Mindset

India Is A Maritime Nation In Geography, Not In Mindset

Rediff.com15 Sep 2026

India may have a vast coastline and a strategic location, but it will become a true maritime nation only when its people understand, value and actively participate in the maritime ecosystem, asserts Vice Admiral Biswajit Dasgupta (retd).

Justice Served: Gurugram Court Hands Down 20-Year Sentence In POCSO Case

Justice Served: Gurugram Court Hands Down 20-Year Sentence In POCSO Case

Rediff.com11 Sep 2026

A Gurugram court has sentenced a man, Indrajeet alias Ashu, to 20 years imprisonment for the rape of a 17-year-old girl. The court also imposed significant fines under the POCSO Act and IPC sections. The case, which dates back to April 2023, involved a thorough investigation by Gurugram police, leading to the conviction.

Modi, Putin bolster trade, defence, energy ties; discuss Ukraine peace efforts

Modi, Putin bolster trade, defence, energy ties; discuss Ukraine peace efforts

Rediff.com11 Sep 2026

Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Rediff.com11 Sep 2026

Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.

Govt Deliberates Allowing Airport Operators to Own Airlines Amid Conflict of Interest Concerns

Govt Deliberates Allowing Airport Operators to Own Airlines Amid Conflict of Interest Concerns

Rediff.com7 days ago

Civil Aviation Minister Kinjarapu Rammohan Naidu stated that no decision has been made regarding allowing Delhi and Mumbai airport operators to own and run airlines, as the government is carefully considering the implications of relaxing cross-ownership restrictions, including potential conflicts of interest and the need for more airlines.

Industry Leaders Advocate AI And Agility For Business Growth

Industry Leaders Advocate AI And Agility For Business Growth

Rediff.com21 Sep 2026

Industry leaders at an AIMA panel discussion emphasised the need for businesses to quickly adapt to changing market conditions and invest in technologies like artificial intelligence to build resilience and achieve long-term growth. They highlighted the current era of uncertainty driven by geopolitical tensions, supply chain disruptions, and rapid regulatory changes, stressing that tactical responses are as crucial as long-term strategy.

Govt to 'hand-hold' private miners for critical mineral security abroad

Govt to 'hand-hold' private miners for critical mineral security abroad

Rediff.com13 Sep 2026

Union Mines Minister G Kishan Reddy announced that the Indian government is intensifying its support for private mining entrepreneurs seeking critical mineral opportunities abroad, working with the Ministry of External Affairs and appointing mineral officers in embassies to facilitate these efforts.

FCNR(B) Inflows Push Deposit Growth to 15-Year High, Corporate Loan Rates May Soften

FCNR(B) Inflows Push Deposit Growth to 15-Year High, Corporate Loan Rates May Soften

Rediff.com22 Sep 2026

India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.

AI Skills Drive IT Hiring Surge

AI Skills Drive IT Hiring Surge

Rediff.com2 Sep 2026

Roles that mention AI in software development have grown 138 per cent between Q2 2024 and Q2 2026.

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

Rediff.com12 Sep 2026

South African President Cyril Ramaphosa on Friday described BRICS as an important global forum, highlighting the grouping's growing demographic and economic weight and noting that its members account for around half of the world's population and 40 percent of global GDP.

Why ISRO Staff Are Worried About ISRO's Future

Why ISRO Staff Are Worried About ISRO's Future

Rediff.com7 Sep 2026

A rocket designed and developed by ISRO is being transferred to industry for production.
Nine ISRO associations want to know whether this is simply an effort to expand India's industrial capacity or part of a larger policy under which ISRO itself will eventually withdraw from rocket manufacturing.

Traders Threaten Cash Pushback Over New UPI Transaction Fee

Traders Threaten Cash Pushback Over New UPI Transaction Fee

Rediff.com16 Sep 2026

The central government has introduced a 0.4 per cent fee on UPI transactions exceeding Rs 2,000, prompting traders' associations to advocate for cash payments to avoid additional costs on digital payments. This move ends the zero-Merchant Discount Rate (MDR) regime, with traders expressing concerns about operating on tight margins and the potential for increased charges.

Anil Ambani, RCAP Under CBI Scanner For Alleged Rs 2,684 Crore LIC Fraud

Anil Ambani, RCAP Under CBI Scanner For Alleged Rs 2,684 Crore LIC Fraud

Rediff.com18 Sep 2026

The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud. The case stems from a complaint by the Life Insurance Corporation of India (LIC) regarding investments in RCAP's non-convertible debentures, alleging criminal conspiracy, misrepresentation, and fraudulent diversion of funds causing significant loss to LIC.

Why Petrol Dealers Oppose UPI Fee

Why Petrol Dealers Oppose UPI Fee

Rediff.com18 Sep 2026

Petrol pump dealers seek exemption from the proposed 5 UPI charge on fuel purchases above 2,000, citing pressure on their margins.

FMCG firms to hold prices through festive season despite rising commodity costs

FMCG firms to hold prices through festive season despite rising commodity costs

Rediff.com20 Sep 2026

Fast-moving consumer goods (FMCG) companies in India are committed to maintaining current prices through the festive season, despite facing increased commodity costs and geopolitical disruptions. This strategy aims to protect consumer demand and sustain volume growth, even as margins remain under pressure.

Maharashtra Deputy CM Shinde Concludes UK Visit, Pitches For Global Investment

Maharashtra Deputy CM Shinde Concludes UK Visit, Pitches For Global Investment

Rediff.com11 Sep 2026

Maharashtra Deputy Chief Minister Eknath Shinde concluded a two-day visit to the UK, focusing on attracting foreign direct investment and promoting the state's economic potential. His engagements included receiving leadership awards, meeting with sports figures like Virat Kohli to discuss Olympic aspirations, and appealing to British investors to bring technology and capital to Maharashtra, leveraging the India-UK FTA.

HDFC Bank proposes two candidates for MD-CEO's post to RBI

HDFC Bank proposes two candidates for MD-CEO's post to RBI

Rediff.com12 Sep 2026

HDFC Bank has submitted two names to the Reserve Bank of India for the managing director and chief executive position, following incumbent Sashidhar Jagdishan's decision not to seek reappointment. The bank also announced board changes, increasing whole-time directors to four and appointing Jimmy Tata as an executive director. This move comes as Jagdishan's term ends in October, creating a tight timeline for succession.