Search results for 'developing countries'

Can India Fix Its Growing Student Housing Crisis?

Can India Fix Its Growing Student Housing Crisis?

Rediff.com3 days ago

India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.

Karnataka CM Unveils KEONICS' Vision For Tech-Driven Future

Karnataka CM Unveils KEONICS' Vision For Tech-Driven Future

Rediff.com3 days ago

Karnataka Chief Minister D K Shivakumar lauded KEONICS' initiative to provide AI-based KEO computers to rural children, marking the institution's golden jubilee. The KEO computers, developed in Karnataka, aim to bridge the digital divide. Shivakumar also highlighted government efforts to promote IT beyond Bengaluru, enhance industry-oriented skills, and digitise property records, emphasising the state's commitment to technology and skill development.

Delhi High Court Rules In Favour Of AI Development

Delhi High Court Rules In Favour Of AI Development

Rediff.com24 Jul 2026

The Delhi High Court has dismissed a lawsuit by news agency ANI against OpenAI, ruling that ChatGPT's use of copyrighted material for training large language models (LLMs) constitutes fair dealing under the Copyrights Act. The court emphasised that restraining AI development would be detrimental to India's growth in the field and public interest.

Viksit Bharat: What Nirmala Sitharaman told India Inc

Viksit Bharat: What Nirmala Sitharaman told India Inc

Rediff.com3 days ago

Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.

FCNR(B) funds find a runway ahead of festival season-led credit demand

FCNR(B) funds find a runway ahead of festival season-led credit demand

Rediff.com6 hours ago

RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.

Ahead of Modi-Xi meet, Beijing bats for proper handling of differences

Ahead of Modi-Xi meet, Beijing bats for proper handling of differences

Rediff.com11 Sep 2026

China emphasises proper handling of differences and a long-term perspective for bilateral ties ahead of President Xi Jinping's visit to India for the BRICS summit and talks with Prime Minister Narendra Modi. The visit aims to stabilise relations following the 2020 Ladakh standoff and strengthen BRICS cooperation.

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

CBIC plans wider AI use, unified portal to ease Customs compliance: Chairman

CBIC plans wider AI use, unified portal to ease Customs compliance: Chairman

Rediff.com17 Sep 2026

The Central Board of Indirect Taxes and Customs (CBIC) is set to significantly increase its use of artificial intelligence (AI), machine learning (ML), and real-time analytics in Customs processes, aiming for a near-touchless, near-digital clearance experience, according to Chairman Vivek Chaturvedi.

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).

BRICS finance chiefs push for greater emerging market representation in IMF, World Bank

BRICS finance chiefs push for greater emerging market representation in IMF, World Bank

Rediff.com11 Sep 2026

BRICS finance ministers and central bank governors have called for increased representation of emerging-market and developing economies in the IMF and World Bank, while also criticising unilateral tariffs and trade measures, as the expanded bloc aims to bolster financial cooperation amidst global fragmentation.

Iran, UAE agree to 'put past behind' after talks at BRICS

Iran, UAE agree to 'put past behind' after talks at BRICS

Rediff.com13 Sep 2026

Iranian President Masoud Pezeshkian concluded his visit to India for the 18th BRICS Summit, announcing that Iran and the UAE agreed to move past previous tensions. This diplomatic breakthrough occurred during talks with Abu Dhabi's Crown Prince on the summit sidelines. Pezeshkian also met with PM Modi to discuss bilateral ties and West Asia developments, with Modi emphasising dialogue for regional peace. The BRICS summit adopted the New Delhi Declaration 2026, calling for global governance reforms and de-escalation in West Asia.

AI could erode India's outsourcing advantage, warns WB report

AI could erode India's outsourcing advantage, warns WB report

Rediff.com5 Aug 2026

Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.

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.

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.

GMR Aero Technic And StandardAero Forge Alliance For APAC On-Wing Engine MRO

GMR Aero Technic And StandardAero Forge Alliance For APAC On-Wing Engine MRO

Rediff.com2 days ago

GMR Aero Technic (GAT) and StandardAero have signed an agreement to establish an authorised service centre in India for on-wing engine support in the Asia-Pacific (APAC) region. This partnership aims to combine StandardAero's engine aftermarket expertise with GMR Aero Technic's MRO capabilities, offering a comprehensive range of specialised engine maintenance services to minimise aircraft downtime and enhance operational efficiency for airlines and operators in the region.

Xi outlines four-point formula to reset India-China ties

Xi outlines four-point formula to reset India-China ties

Rediff.com12 Sep 2026

During the 18th BRICS Summit in New Delhi, Chinese President Xi Jinping and Prime Minister Narendra Modi held a bilateral meeting, outlining a four-point approach for the steady and long-term development of China-India relations. The leaders stressed strategic understanding, win-win cooperation, mutual respect, and inclusive multilateral engagement, reaffirming their commitment to resolving the boundary question and addressing economic concerns. They also discussed global challenges and strengthening people-to-people ties.

The Long Road To Viksit Bharat

The Long Road To Viksit Bharat

Rediff.com15 Sep 2026

The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.

Gurugram collapses in rains, Great Noida better-planned: SC

Gurugram collapses in rains, Great Noida better-planned: SC

Rediff.com2 days ago

The Supreme Court has raised concerns regarding Bengaluru's Premium Floor Area Ratio (FAR) scheme, questioning its impact on urban infrastructure. The court cited Gurugram's infrastructure collapse during rains as a cautionary tale, contrasting it with Greater Noida's planned development. The scheme allows property owners to purchase additional construction rights, but petitioners argue it strains existing infrastructure and could regularise illegal constructions.

UK Boosts Maritime Ties With US Torpedo Test

UK Boosts Maritime Ties With US Torpedo Test

Rediff.com3 days ago

The UK has successfully test-fired a US torpedo from an undersea drone, marking a significant advancement in submarine technology for the AUKUS partners (UK, US, Australia). This development coincides with Prime Minister Andy Burnham's visit to the UN General Assembly, where he is discussing global challenges like AI, the Ukraine conflict, and West Asia security with international leaders, and announced the UK will host the G20 Leaders' Summit in Manchester next November.

Will take steps to...: India reacts to US sanctions bill

Will take steps to...: India reacts to US sanctions bill

Rediff.com17 Sep 2026

India has stated its commitment to protecting its economic interests and ensuring energy security after the US House of Representatives passed a bill allowing the US President to impose tariffs of up to 100 per cent on countries, including India and China, for purchasing Russian crude oil. The Ministry of External Affairs affirmed India's resolve to maintain diversified energy sourcing and has articulated its concerns to US interlocutors regarding the bill's potential implications.

India's FDI hits record $94.53 bn in FY26, cumulative inflows reach $843 bn

India's FDI hits record $94.53 bn in FY26, cumulative inflows reach $843 bn

Rediff.com5 hours ago

India has achieved its highest-ever annual Foreign Direct Investment (FDI) inflow of USD 94.53 billion in FY 2025-26, with cumulative FDI reaching USD 843 billion since 2014-15, announced Commerce and Industry Minister Piyush Goyal. Production Linked Incentive (PLI) schemes have also significantly boosted investment, production, exports, and job creation.

Iran threatens 'painful attacks' on US bases if military action resumes

Iran threatens 'painful attacks' on US bases if military action resumes

Rediff.com4 days ago

Iran's Khatam al-Anbiya Central Headquarters has threatened "continuous, effective and painful" attacks on US bases and interests across the region if Washington resumes military action against Tehran, amid escalating tensions and a US naval blockade on Iranian ports.

Centre pushes states, UTs to finalise labour Code rules by October 31

Centre pushes states, UTs to finalise labour Code rules by October 31

Rediff.com2 hours ago

The Indian government is pressing all states and Union Territories (UTs) to publish their rules under the four new labour Codes by October 31, aiming to fully operationalise the new labour law framework. This move is crucial as labour falls under the concurrent list, requiring state-level rule-making for effective implementation.

Modi-Xi BRICS meeting: Beginning of a new era for India-China ties?

Modi-Xi BRICS meeting: Beginning of a new era for India-China ties?

Rediff.com14 Sep 2026

Chinese Foreign Minister Wang Yi stated that President Xi Jinping and Prime Minister Narendra Modi reached a crucial consensus during the BRICS summit, agreeing that China and India should be partners, not rivals. The leaders pledged to maintain peace and tranquility in border areas, deepen cooperation, and support each other in multilateral forums, aiming to strengthen the Global South and promote a multipolar world order.

Industry Leaders Advocate AI And Agility For Business Growth

Industry Leaders Advocate AI And Agility For Business Growth

Rediff.com3 days ago

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.

Is koda-VW Finally Bring a Mass-Market EV to India?

Is koda-VW Finally Bring a Mass-Market EV to India?

Rediff.com15 Sep 2026

koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.

Indian Surfing Team Eyes Olympic Qualification Via Asian Games

Indian Surfing Team Eyes Olympic Qualification Via Asian Games

Rediff.com17 Sep 2026

Frenchman Samai Reboul, coach of the Indian national surfing team, views India's Asian Games debut as a crucial step towards qualifying for the 2028 Los Angeles Olympics. The team, comprising two men and two women, is preparing in Mahabalipuram for the Aichi-Nagoya Asian Games, where surfing makes its continental debut and offers Olympic quota places.

Bharat Forge, Pratt & Whitney Partner For India's HALE UAV Engines

Bharat Forge, Pratt & Whitney Partner For India's HALE UAV Engines

Rediff.com16 Sep 2026

An Indian firm, Bharat Forge, and US defence major Pratt & Whitney Canada have announced a collaboration to develop India's high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV). This partnership will focus on integrating advanced turboprop engines into the DRDO-designed HALE UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative. The collaboration aims to enhance India's strategic self-reliance in surveillance and reconnaissance technology.

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.

Modi-Xi Meet: Why The Road Ahead Is Tough

Modi-Xi Meet: Why The Road Ahead Is Tough

Rediff.com14 Sep 2026

'Xi is conveying that China is a pre-eminent power, and India should modulate its actions or approaches accordingly.'

Enemies Beware! India Widens Missile Testing Infrastructure

Enemies Beware! India Widens Missile Testing Infrastructure

Rediff.com14 Sep 2026

Specialised range taking shape in Andhra Pradesh, while West Bengal clears way for DRDO's new testing facility.

Microsoft India President On AI's Future And Investment In The Nation

Microsoft India President On AI's Future And Investment In The Nation

Rediff.com3 days ago

Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.

Panama Coach Offers Blueprint For India's Football Future

Panama Coach Offers Blueprint For India's Football Future

Rediff.com23 hours ago

Panama's coach, Thomas Christiansen, suggests India can learn from Panama's football growth despite baseball's dominance, highlighting the need for league improvement, better facilities, and attracting top players to boost football's popularity and global standing. Midfielder Carlos Harvey also advocates for bringing in star players to increase visibility.

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.

Amazon Now hits $1 billion annualised gross sales in India, eyes 100 cities by Diwali

Amazon Now hits $1 billion annualised gross sales in India, eyes 100 cities by Diwali

Rediff.com15 Sep 2026

Amazon's ultra-fast delivery service, Amazon Now, has achieved $1 billion in annualised gross sales in India over the last three months, marking it as the fastest-growing e-commerce business in Amazon India's history, with orders doubling every quarter.

India's Professional Hockey Model Praised By FIH President

India's Professional Hockey Model Praised By FIH President

Rediff.com7 days ago

International Hockey Federation (FIH) President Tayyab Ikram has commended India's professional approach to hockey, urging other Asian nations to adopt similar strategies to improve their global standing. He highlighted India's journey from past Olympic glory to recent bronze medals, positioning it as a model for development in the sport.

India's Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership

India's Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership

Rediff.com16 Sep 2026

GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.

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.

Modi, Xi Struggle To Break Stalemate

Modi, Xi Struggle To Break Stalemate

Rediff.com16 Sep 2026

Xi brought in asymmetrical power play by stating that India should have 'strategic cognition' and 'strategic judgement made on the basis of the stage of development the two countries are at'. This is a very nuanced way of asserting China's coercive diplomatic posture and reflects Beijing's penchant to unleash border instability at will, restrict rare earth metal exports, exert pressure on India at global and regional orders, asserts China expert Srikanth Kondapalli.

Cosmetics From Pakistan Breach Indian Market

Cosmetics From Pakistan Breach Indian Market

Rediff.com2 days ago

CDSCO has warned consumers against using two unauthorised Pakistani whitening creams after finding excessive heavy metals and regulatory violations.