A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.
The commerce ministry is working on different scenarios to assess the possible fallout of reciprocal tariffs to be imposed by the US administration on April 2 on its key trading partners including India, sources said. US President Donald Trump has said that April 2 will be 'Liberation Day' as he plans to announce tariffs or import duties to bring down America's trade deficit, and promote the country's manufacturing.
China has defended its newly-released AI tool DeepSeek, after several countries, including India, imposed restrictions on government officials accessing it. Beijing claims actions against DeepSeek amount to "politicisation" of trade and tech issues and vowed to protect the interests of its companies. India's Finance Ministry directed officials to avoid using DeepSeek on office devices, citing confidentiality risks. The tool has garnered global attention for its low-cost model and efficient use of resources, surpassing ChatGPT in popularity on Apple's Appstore.
Maharashtra Cyber has issued advisories to various state government departments, including police, to take precautionary steps to avoid cyber attacks after the credentials of many of these departments were found on the darknet. The departments include the Maharashtra Public Service Commission, the Directorate General of Information and Public Relations (DGIPR), the Electricity Department, Maha DBT, among others. Maharashtra Cyber has also written to the Ministry of Electronics and Information Technology (MeitY) recommending blocking of Wikipedia and Proton Mail platforms under relevant sections of the Information Technology Act for failing to comply with specific police directives.
The Reserve Bank of India's (RBI's) draft guidelines on gold loans, if implemented in their current form, are expected to impact non-banking financial companies (NBFCs) and mid-tier banks in the near term, more significantly than larger banks, according to analysts.
Legendary cricketer Ian Chappell's insightful writings, critical reviews and anecdotes from his playing days will be missed. The Australian icon brought the curtain down on his more than five-decade-long journalistic career, penning his last piece on Sunday.
The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.
The Indian Computer Emergency Response Team (CERT-In) has issued an advisory for all Google Chrome users on Mac, Windows, and ChromeOS platforms.
Tanaji Shinde, whose daughter Nilam is fighting for her life after an accident in the US, visited her at the hospital in California where she is being treated. Nilam was struck by a speeding vehicle on February 14th, suffering severe injuries and a traumatic brain injury that left her in a comatose state. Her father flew from Mumbai to the US on March 2nd and rushed to the UC Davis Medical Center near Sacramento, California. The hospital will hold a meeting tomorrow morning to decide on further treatment.
Krish Lal Isserdasani is an engineering student at the University of Wisconsin-Madison, the Milwaukee Journal Sentinel reported.
US President Donald Trump shared a video link of Prime Minister Narendra Modi's interaction with US-based popular podcaster and computer scientist Lex Fridman on his social media platform Truth Social. During the interaction lasting over three hours, Modi on Sunday said he and Trump connect well as both put their respective countries first and asserted that their mutual trust remained unshaken even when the Republican leader was out of office during Joe Biden's presidency. Modi recalled that during Trump's first term, he ignored security protocol and agreed to Modi's request to take a lap around the stadium hosting the 'Howdy Modi' event in Houston. Modi also lauded Mahatma Gandhi's legacy and described himself as a peacemaker who has nudged both Russian and Ukrainian leaders to come to the negotiating table. In the podcast, Modi also opened up on a host of foreign affairs issues and touched on various aspects of his life journey.
Commerce Minister Piyush Goyal's scathing remarks on Indian startup ecosystem and its innovation priorities have drawn sharp reaction from the industry, with Zepto CEO Aadit Palicha putting up a strong defence citing the company's contribution to jobs, FDI and terming it a "miracle in Indian innovation".
He said that as compared to global models costing 2.5 to 3 US dollars per hour usage, India's AI model will cost less than less than Rs 100 per hour (1.16 US dollars per hour) after 40 percent government subsidy.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
The Indian government has increased the salaries of Members of Parliament (MPs) by 24 percent, effective April 1, 2023. This increase was based on the Cost Inflation Index and brings their monthly salary to Rs 1.24 lakh. The notification also included increases in daily allowances for sitting members, pension, and additional pension for former MPs. While some MPs welcomed the increase, others expressed dissatisfaction and instead advocated for a rise in the MP Local Area Development Fund (MPLADS). The increase has been implemented based on the Salary, Allowances and Pension of Members of Parliament Act and the Cost Inflation Index specified in the Income Tax Act of 1961.
Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for devices research, Navkendar Singh said the weakening rupee can lead to an increase in device costs, which can impact the price-sensitive SMB (small and medium businesses) and consumer segments but despite all challenges, the India PC market is most likely to witness a low single-digit growth in 2025.
The Madras High Court has ordered Ananda Vikatan Productions Private Limited to remove a caricature depicting Prime Minister Narendra Modi shackled in chains during a meeting with United States President Donald Trump. The court ruled that the caricature, published in the magazine, was not protected under freedom of expression and could be considered offensive under Section 69A of the Information Technology Act. The court also directed the Union Ministry of Information and Broadcasting to unblock the Ananda Vikatan website upon receipt of confirmation that the caricature has been removed.
Foreign direct investment in India dipped by 5.6 per cent year-on-year to $10.9 billion in October-December quarter of this fiscal due to global economic uncertainties, according to the government data. FDI inflows during October-December 2023-24 stood at $11.55 billion.
'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'
Cheaper ripoffs was how China powered its way as an economic superpower but hitherto the tech realm had remained out of bounds. With DeepSeek's AI model the West, it seemed, was about to lose its competitive edge in cutting edge generative AI technology. And this is what is causing deep furrows in the forehead of tech titans in Silicon Valley.
The first lady met 'members of Congress on a bill could speed the removal of intimate imagery posted online without an individual's consent, or revenge porn,' Associated Press reported.
Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.
Srinivas Bhogle and Purnendu Maji list the 50 Most Valuable Players in the 2025 Champions Trophy.
Engineers from Space X said that the 400-foot-tall ship, launched from the company's Starbase facility near Boca Chica Beach in Texas, lost altitude control after several engines stopped working 20 seconds before the end of the ascent burn.
Students had to predict the amount of runs Kohli would score in ODIs in 2023 based on his record in 50 overs cricket since his debut in 2008.
Nine Indian universities and institutions have secured a place among the world's top 50 in the QS subject-wise rankings, with the Indian School of Mines (ISM) Dhanbad claiming the highest position at 20th globally for Engineering-Mineral and Mining. Despite the success, some top institutions, including three IITs, two IIMs and JNU, have experienced a drop in their rankings. The QS World University Rankings by Subject, in its 15th edition, highlight India's growing higher education ecosystem in terms of both size and quality.
Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies.
rediffGURUS -- who include JEE experts and career counsellors -- are currently helping guide engineering aspirants as they prepare for the upcoming entrance examinations.
rediffGURUS who are career counsellors and JEE experts are currently helping counsel engineering aspirants to prepare for upcoming entrance examinations to secure a good college.
The leaked search history on Parag's computer included searches related to Bollywood actresses Ananya Panday and Sara Ali Khan.
'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'
'The launch of Nila, our very first satellite was very emotional as well as nerve wracking. We tried to calm ourselves by cracking some poor jokes!'
Hamilton told reporters at pre-season testing in Bahrain that he had yet to broach the subject of 'Hammer Time' with race engineer Adami.
IT services firm Wipro's revenue is likely to increase by about 4.5 per cent in FY26, mainly driven by favourable sectoral trends and recovery in discretionary customer spending, according to global rating agency Fitch.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
The United States Department of Government Efficiency (DOGE), led by Elon Musk has announced cancelling a $22 million funding intended for 'voter turnout in India' on Saturday (Local Time).
Mental health experts and counsellors highlight how to identify early signs of distress in children and what parents and peers can do to prevent someone from taking their life.
Moody's Ratings on Tuesday said India has a lower overall exposure to the US relative to others in the APAC region, although certain sectors such as food, textiles and pharmaceutical products face risks. Moody's said most companies in its rated portfolio are domestic-focused with limited exposure to the US market.
The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank GTRI said on Friday. Citing an example, it said the depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped 31.25 per cent, rising from $65,877 per kg in January 2024 to $86,464 per kg in January 2025.
'Binary fission will happen -- startups will lead to more startups.'
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