India's services sector experienced a slight moderation in growth during February, according to the HSBC India Services PMI Business Activity Index, with new order growth slowing and inflation picking up.
A consumer commission in Nagpur, Maharashtra, has penalised Axis Bank for deficiency in service, ordering a refund and compensation to a customer over a failed ATM transaction from 2018.
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.
Reliance Jio is aiming to be one of the first scalable token service providers in the world by deeply adopting and integrating artificial intelligence (AI) into its operations, said Jio Platforms group chief executive officer (CEO) Mathew Oommen at the Mobile World Congress in Barcelona.
A BofA Global Research report indicates that Paytm is leading in monetisation compared to its competitors due to its diversified mix of merchant lending and financial services, which enhances profitability and strengthens its position in the Indian fintech market.
Infosys on Tuesday unveiled its AI First Value Framework, positioning itself to capture an estimated $300-400 billion incremental AI services opportunity by 2030, as global enterprises accelerate adoption of generative and agentic AI.
'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'
Services defeated Kerala 1-0 in the final of the 79th National Football Championship for the Santosh Trophy 2025-26, with Abhishek Pawar scoring the decisive goal in extra time.
Kerala, Punjab, Services and Railways enter semifinals of Santosh Trophy
The Union Public Service Commission (UPSC) has announced mandatory face authentication for all candidates at examination centers and introduced stricter eligibility criteria for the Civil Services Examination (CSE) 2026.
India's services sector growth rose to a two-month high of 58.5 in January, on faster expansion in new business intake and output, prompting service providers to hire additional staff, a monthly survey said on Wednesday.
The India-US trade deal has offered a much-needed breather for the Indian information technology (IT) industry, which has been grappling with global macroeconomic uncertainty and subdued client spending over the past few years.
IndiGo is adjusting its long-haul flight schedule, including suspending services to Copenhagen, due to airspace uncertainties and airport congestion. The airline will also reduce flights to London and Manchester.
A bravery medal is awarded to a person on grounds of rare conspicuous act of gallantry, and conspicuous act of gallantry in saving life and property, or in preventing crime or arresting criminals, the risk incurred being estimated with due regard to the obligations and duties of the officer concerned.
India has launched its first integrated phygital service centre in Umri village, Madhya Pradesh, aiming to provide online services and boost rural development through digital connectivity and various essential services.
India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.
Banking operations at public sector banks across the country were impacted on Tuesday as the United Forum of Bank Unions (UFBU) went on nationwide strike demanding the immediate implementation of a five-day work week.
GSM, which is potentially eyeing a Hong Kong listing and was recently valued at $20 billion, operates on a distinct model -- it owns the e-taxis and employs the drivers, while also supplying cars to independent drivers or fleet operators.
'The reality is that every one of us will be pushed to learn and relearn faster than ever before. Some people will rise to that challenge. Some may not. But the opportunity itself is massive,' says Noshir Kaka, senior partner, McKinsey.
A jeweller has been arrested in Haryana in connection with a Rs 590 crore fraud at IDFC First Bank. The investigation revealed that over Rs 250 crore was routed to the jeweller's firm from companies linked to the accused.
The Jammu and Kashmir government is working to fill over 40,000 vacant posts across various departments, with a focus on health, education, and general administration.
A fire erupted at a godown in Najafgarh, southwest Delhi, on Wednesday evening. Eight fire tenders were dispatched to the scene, and the blaze was brought under control. No casualties were reported, and the cause of the fire is under investigation.
Based on figures currently listed on the ministry of external affairs web site, a large number of Indians reside across West Asia.
India's services sector growth moderated in December, as the rates of expansion in incoming new work and output eased to the slowest in 11 months, and companies refrained from recruiting additional staff, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.8 in November to 58.0 in December, indicating the slowest rate of expansion since January.
A gas agency in Pimpri Chinchwad, Pune, is under investigation after authorities discovered 57 illegally stocked LPG cylinders, amidst concerns about potential shortages due to the West Asia crisis.
IndiGo CEO Pieter Elbers has resigned three months after the airline experienced significant operational disruptions. Managing Director Rahul Bhatia will temporarily assume management responsibilities.
The Jammu and Kashmir government has issued an order regulating courier companies, parcel services, and logistics operators in Jammu district to prevent the transport of contraband substances.
The National Defence Academy (NDA) will host the Sabhikhi Cup 2026, a prestigious sports event featuring cadets from India's top military training institutions, promoting athletic excellence, teamwork, and inter-service cooperation.
Cognizant's research reveals that companies seeking AI adoption favour IT services firms offering custom, full-stack AI solutions, prioritising flexibility and expertise over cost and speed.
Iran's state media cited the spokesperson for the Central Headquarters of Iran's military to claim that a United States military refuelling plane was shot down by a missile fired by resistance groups in western Iraq. The spokesperson further told Press TV that all six service members on board had been killed.
A significant fire erupted in an open scrap yard in Kankrola village, Gurugram, prompting a rapid response from fire services. Multiple fire engines are battling the blaze to bring it under control.
The State Consumer Disputes Redressal Commission has directed Bank of India to compensate a senior citizen for losses incurred due to unauthorized ATM transactions, citing deficiency in service and failure to adhere to security protocols.
Delhi Chief Minister inaugurated infrastructure projects focused on improving drainage, road connectivity, and traffic flow in Delhi, including stormwater drain remodelling, road construction, and a new healthcare facility.
A police constable in Agra has been arrested and suspended following the alleged suicide of his live-in partner, who reportedly took her life after he refused to marry her.
Mobile internet services have been suspended in five districts of western Meghalaya following violence related to tribal council elections. Curfews are in place and elections have been postponed.
The Karnataka government has formed a committee on responsible AI to develop a framework for the safe, ethical, and transparent adoption of AI across government systems and public services.
Karnataka Lokayukta police have registered a disproportionate assets case against Udupi Excise Deputy Commissioner T M Srinivas after searches at multiple locations allegedly revealed assets worth Rs 8.69 crore beyond his known sources of income.
A Border Security Force (BSF) convoy, including a vehicle carrying a DIG, was attacked in the Garo Hills region of Meghalaya, resulting in injuries and the burning of a vehicle. The incident occurred amidst ongoing unrest and clashes related to local elections, leading to the suspension of internet services and imposition of curfews.
Rescue operations are currently underway, and the circumstances surrounding the incident are under investigation, the command said.
An assistant sub-inspector of Rajasthan Police died after his service revolver accidentally discharged at his residence in Bhilwara.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances