Search results for 'it sector'

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

Rediff.com20 May 2026

India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.

UDF Criticises LDF Government Over Sabarimala Gold Loss and Health Sector Crisis

UDF Criticises LDF Government Over Sabarimala Gold Loss and Health Sector Crisis

Rediff.com4 Mar 2026

The Congress-led UDF in Kerala has criticised the ruling LDF over the Sabarimala gold loss cases, the issue of women's entry to the shrine, and the state's health sector, where government doctors and private nurses are striking over wages.

Rubio meets Modi, discusses West Asia, extends Trump's invitation to visit US

Rubio meets Modi, discusses West Asia, extends Trump's invitation to visit US

Rediff.com23 May 2026

Prime Minister Narendra Modi and US Secretary of State Marco Rubio discussed various aspects of India-US bilateral ties, focusing on defence, trade, energy, and technology. Rubio extended an invitation from President Donald Trump for PM Modi to visit the US.

Gurugram Businessman Loses 11 Lakh To Bike-Borne Robbers

Gurugram Businessman Loses 11 Lakh To Bike-Borne Robbers

Rediff.com5 May 2026

A businessman in Gurugram was robbed of 11 lakh by two bike-borne robbers near Sector 10 market on Monday night. The incident was captured on CCTV, and police have registered an FIR and are investigating the case.

Delhi Police Investigate Death Threats To Defence Firm MD

Delhi Police Investigate Death Threats To Defence Firm MD

Rediff.com8 May 2026

Delhi Police have launched an investigation into fresh death threats received by a defence entrepreneur, allegedly from an international extortion network. The threats target Sahil Luthra, MD of Vijayen Trishul Defence Solutions, who reported receiving a threatening voice note.

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Rediff.com20 May 2026

The University of Sheffield has announced a major milestone in the push for greener aviation as it produces its first report from testing a new sustainable aviation fuel (SAF). The research is helping support the faster rollout of low-carbon jet fuels.

Women Entrepreneurs To Be Trained As Drone Pilots

Women Entrepreneurs To Be Trained As Drone Pilots

Rediff.com12 May 2026

FLO has signed agreements with Garuda Aerospace, NEOSKY India and YRG for a skilling programme to train 1,000 women drone pilots by March next year.

Massive search op launched in Poonch as forces foil infiltration attempt

Massive search op launched in Poonch as forces foil infiltration attempt

Rediff.com17 May 2026

Security forces have launched a multi-area search operation in Jammu and Kashmir's Poonch district to track down suspected terrorists, following a foiled infiltration bid.

Nowhera Shaik Arrested In Heera Group Investment Fraud Case

Nowhera Shaik Arrested In Heera Group Investment Fraud Case

Rediff.com22 May 2026

The Enforcement Directorate (ED) has arrested Nowhera Shaik, the prime accused in the Heera Group-linked alleged investment fraud, from an Airbnb property in Gurugram. Shaik was living under a fake identity and using forged documents. The Heera Group allegedly collected over Rs 5,978 crore from the public, promising high returns but failing to return even the principal amount.

Woman Molested And Threatened Outside Gurugram Club

Woman Molested And Threatened Outside Gurugram Club

Rediff.com2 May 2026

A young woman was allegedly molested and assaulted outside a club in Gurugram's Sector 65. Police have registered an FIR and are investigating the incident.

India's manufacturing sector growth jumps to 4-month high in Feb

India's manufacturing sector growth jumps to 4-month high in Feb

Rediff.com2 Mar 2026

India's manufacturing sector experienced a significant growth spurt in February, reaching a four-month high driven by strong domestic demand, according to the HSBC India Manufacturing PMI.

Cash In Circulation Hits Record Rs 42.86 Trillion

Cash In Circulation Hits Record Rs 42.86 Trillion

Rediff.com22 May 2026

Cash remains dominant for many transactions despite continued expansion in digital payments across the country.

Gurugram Real Estate Firm Owner Arrested In Land Scam

Gurugram Real Estate Firm Owner Arrested In Land Scam

Rediff.com10 May 2026

Gurugram Police have arrested a 50-year-old owner of a real estate firm for allegedly duping people of crores by promising land agreements.

Gurugram Executive Dies By Suicide, Husband Arrested For Abetment

Gurugram Executive Dies By Suicide, Husband Arrested For Abetment

Rediff.com14 May 2026

A 33-year-old female senior account executive in Gurugram died by suicide after jumping from her office building. Police have arrested her husband following allegations of harassment and abetment to suicide.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com13 May 2026

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

India's West Asia Trade Contracts for Second Month Amid Shipping Disruptions

India's West Asia Trade Contracts for Second Month Amid Shipping Disruptions

Rediff.com15 May 2026

India's trade with West Asia saw a significant decline of over 28% in April, marking the second consecutive month of contraction. This downturn is attributed to severe shipping disruptions stemming from the ongoing conflict involving the US, Israel, and Iran, particularly impacting the crucial Strait of Hormuz waterway.

Why Customer Experience Is Key For Indian Banks

Why Customer Experience Is Key For Indian Banks

Rediff.com21 May 2026

An EY India report suggests that banks must compete on customer experience and evolve physical branches into phygital advisory hubs. The report highlights the importance of anticipating customer needs and blending digital tools with human interaction.

Why ServiceNow Sees India As A Major Growth Engine

Why ServiceNow Sees India As A Major Growth Engine

Rediff.com6 May 2026

ServiceNow, a leading AI platform for business transformation, is highly optimistic about its growth prospects in the Indian market, according to President and Chief Product Officer Amit Zavery.

Two Minors Killed In Delhi Gang Clash: What Happened?

Two Minors Killed In Delhi Gang Clash: What Happened?

Rediff.com21 May 2026

Two minors were killed and another injured in a violent clash between two groups in Delhi's Rohini area, stemming from a past rivalry and a previous murder case.

Haryana CM Warns Action Against Officials Causing Public Harassment

Haryana CM Warns Action Against Officials Causing Public Harassment

Rediff.com21 May 2026

Haryana Chief Minister Nayab Singh Saini has warned of strict action against government officials and employees who repeatedly make citizens visit offices to get their work done. He emphasised the government's commitment to holistic development and ensuring welfare schemes reach all eligible citizens during a 'Jan Samvad' programme in Kurukshetra district.

Cockroach Janta Party founder says all accounts, website taken down

Cockroach Janta Party founder says all accounts, website taken down

Rediff.com23 May 2026

The Cockroach Janta Party (CJP) alleges a crackdown, reporting hacking incidents and account takedowns across its social media platforms following a campaign against the Union Education Minister.

AI to Reshape IT Services Sector, Says Report

AI to Reshape IT Services Sector, Says Report

Rediff.com25 Feb 2026

A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.

NIMS Reaches 2,000 Kidney Transplants Milestone

NIMS Reaches 2,000 Kidney Transplants Milestone

Rediff.com22 May 2026

The Nizam's Institute of Medical Sciences (NIMS) in Hyderabad has achieved a significant milestone by completing 2,000 kidney transplants, making it one of the leading institutions in India for this procedure. The majority of these transplants were performed free of cost under government schemes.

What Sparked The Deadly Clash In Delhi's Rohini?

What Sparked The Deadly Clash In Delhi's Rohini?

Rediff.com21 May 2026

Two minors were killed and another injured in a violent clash between two groups in Delhi's Rohini area, triggered by a past rivalry and suspicions of harbouring individuals involved in a previous murder case.

Noida Labour Protest Accused Received Over Rs 1 Crore From Abroad

Noida Labour Protest Accused Received Over Rs 1 Crore From Abroad

Rediff.com14 May 2026

Police in Gautam Buddh Nagar claim an accused linked to violent labour protests in Noida received over Rs 1 crore from foreign countries in their personal bank account.

Govt issues updated SOP for processing FDI applications

Govt issues updated SOP for processing FDI applications

Rediff.com5 May 2026

The Indian government has issued an updated Standard Operating Procedure (SOP) for processing Foreign Direct Investment (FDI) applications, aiming to clear all proposals within 12 weeks, a two-week extension from the previous 10-week target, to ensure a fully paperless and transparent process.

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Rediff.com21 May 2026

Quick commerce platform Zepto is reportedly planning to launch its Rs 11,000-crore Initial Public Offering (IPO) in July, following SEBI approval. The company is pursuing a distinct growth strategy, focusing on market density and operational intensity in metro markets rather than rapid geographic expansion, a move that sets it apart from rivals like Zomato and Swiggy.

New Labour Codes: How a 4-day workweek could become a reality in India

New Labour Codes: How a 4-day workweek could become a reality in India

Rediff.com11 May 2026

The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.

Gurugram Flat Fire Highlights Fire Safety Concerns

Gurugram Flat Fire Highlights Fire Safety Concerns

Rediff.com17 May 2026

A fire in a Gurugram flat exposed alleged fire safety lapses in a residential society, raising concerns among residents.

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Rediff.com12 May 2026

Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.

How Cold-Rolled Engineering Can Transform Mining

How Cold-Rolled Engineering Can Transform Mining

Rediff.com6 May 2026

Experts say cold-rolled formed engineering solutions are driving a sustainability shift in the mining sector as the process generates minimal scrap, which can reduce waste generation by up to 80 per cent compared to conventional methods.

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.

Can Water Be The Answer To India's Fuel Import Woes?

Can Water Be The Answer To India's Fuel Import Woes?

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

Rajasthan Government Prioritises Girls' Education And Development

Rajasthan Government Prioritises Girls' Education And Development

Rediff.com30 Apr 2026

Rajasthan Chief Minister Bhajanlal Sharma announced the state's focus on improving girls' education through infrastructure development and quality education initiatives. The government is also prioritising development in sectors like power and water, and aims to generate jobs in both the private and public sectors.

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com20 May 2026

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

US-China Rivalry Enters New Phase

US-China Rivalry Enters New Phase

Rediff.com27 May 2026

The Beijing summit may have reduced immediate diplomatic uncertainty, but it did not resolve the deeper structural contest between the United States and China. That contest appears likely to define the coming decade, notes Varun Arya.

US Calls For Openness, Security In AI Partnership With India

US Calls For Openness, Security In AI Partnership With India

Rediff.com9 May 2026

A senior US official has emphasised the importance of openness and security in the development of artificial intelligence between India and the US, urging both nations to avoid dependencies on adversarial countries.

Industrial Production Growth Slows to 5-Month Low in March Amid West Asia Crisis

Industrial Production Growth Slows to 5-Month Low in March Amid West Asia Crisis

Rediff.com28 Apr 2026

India's industrial production growth decelerated to a five-month low of 4.1 per cent in March, primarily due to the subdued performance of the manufacturing and power sectors, exacerbated by the West Asia crisis.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.