News for 'BASIS'

India To Unveil AI Regulation Paper Soon

India To Unveil AI Regulation Paper Soon

Rediff.com8 Oct 2026

IT Minister Ashwini Vaishnaw announced that the Indian government will release a consultation paper on AI regulations within a month. This framework will address critical aspects like AI safety, deepfakes, and a human-first approach, emphasising the industry's primary responsibility in ensuring safe AI deployment. The move comes amidst growing global concerns over AI risks and the need for robust safeguards.

Bitchat ban: Centre flags law-and-order concerns

Bitchat ban: Centre flags law-and-order concerns

Rediff.com7 Oct 2026

The Indian government has ordered the removal of Jack Dorsey's Bitchat app from app stores, citing law-and-order concerns due to its ability to bypass communication restrictions. The Ministry of Electronics and Information Technology (MeitY) issued the takedown demand under Section 69(A) of the IT Act, 2000. The government also addressed the issue of banning minors from social media, indicating a search for a better solution than outright bans.

How To File EPFO Nomination

How To File EPFO Nomination

Rediff.com28 Sep 2026

Members should review their nomination after marriage, childbirth, or other changes in family circumstances. They can file a fresh e-signed nomination to replace an earlier one.

Allahabad High Court Discharges Congress MP In Rape Case, Cites Consensual Relationship

Allahabad High Court Discharges Congress MP In Rape Case, Cites Consensual Relationship

Rediff.com26 Sep 2026

The Allahabad High Court's Lucknow bench has discharged Congress MP Rakesh Rathore in a rape case, ruling that the prosecution material indicated a long-standing consensual relationship between him and the complainant, contrary to allegations of rape on the promise of marriage. The court deemed the allegations contradictory and unfounded, setting aside a lower court's order.

S&P, Fitch Raise India's FY27 GDP Growth Forecasts, Anticipate RBI Rate expected

S&P, Fitch Raise India's FY27 GDP Growth Forecasts, Anticipate RBI Rate expected

Rediff.com23 Sep 2026

Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.

Ajay Devgn's 10 Biggest Openings At Box Office

Ajay Devgn's 10 Biggest Openings At Box Office

Rediff.com6 Oct 2026

Drishyam - The Conclusion has made history by becoming Ajay Devgn's biggest box office opener with an astounding Rs 62.03 crores, also securing a spot among the Top-5 Bollywood openers of all time.

SC flags 'mechanical' notices to 33 lakh Delhi voters, seeks SIR safeguards

SC flags 'mechanical' notices to 33 lakh Delhi voters, seeks SIR safeguards

Rediff.com23 Sep 2026

The Supreme Court has expressed concern to the Election Commission regarding the "almost mechanical" issuance of notices under the Special Intensive Revision (SIR) exercise in Delhi, urging additional safeguards and clarification on "logical discrepancy" criteria. The court is hearing a petition challenging the EC's process, which has seen millions of voters receive notices, raising practical difficulties and concerns about potential disenfranchisement.

Accused Arrested After Dalit Girl Molested In Muzaffarpur

Accused Arrested After Dalit Girl Molested In Muzaffarpur

Rediff.com28 Sep 2026

A Dalit girl in Bihar's Muzaffarpur district was allegedly molested by her neighbour on Sunday evening. Police have arrested the accused following a complaint filed by the girl's family. The incident occurred when the girl was returning home, and she raised an alarm, causing the accused to flee.

Why Congress Workers Face Serious Charges Over CEC Residence Protest

Why Congress Workers Face Serious Charges Over CEC Residence Protest

Rediff.com30 Sep 2026

Around 20 Congress workers, including six arrested, have been booked for attempt to murder, grievous hurt, and rioting after allegedly defacing Chief Election Commissioner Gyanesh Kumar's residence in Agra during a protest. The Congress party claims "false" sections were invoked and plans to challenge the charges.

Gorakhpur Teen's Body Found, Family Alleges Murder Over Relationship

Gorakhpur Teen's Body Found, Family Alleges Murder Over Relationship

Rediff.com29 Sep 2026

A 15-year-old boy, missing for five days, was found dead in a water body in Gorakhpur. His family alleges he was murdered due to a relationship with a Class 11 girl, leading police to detain the girl and her family for questioning as investigations continue.

Maharashtra Tremors: Should Mumbai Worry?

Maharashtra Tremors: Should Mumbai Worry?

Rediff.com5 Oct 2026

'Nobody can say a quake will strike on a particular day or month. It remains a natural event, governed by factors that are only partly understood, even by researchers working on this across the world.'

New bilateral investment treaty framework to get Cabinet nod soon: FM Sitharaman

New bilateral investment treaty framework to get Cabinet nod soon: FM Sitharaman

Rediff.com5 Oct 2026

Finance Minister Nirmala Sitharaman announced that India is set to introduce a new, more investor-friendly bilateral investment treaty (BIT) framework, which is expected to receive Cabinet approval shortly, aiming to provide sharper protection for investors from both sides.

MCC Head of Cricket Fraser Stewart addresses player exodus to T20 leagues, pink ball trials

MCC Head of Cricket Fraser Stewart addresses player exodus to T20 leagues, pink ball trials

Rediff.com6 Oct 2026

Fraser Stewart, Head of Cricket at MCC, expressed concern over cricketers retiring early from Tests for franchise T20 leagues but acknowledged players' desire for higher earnings with less play. He also welcomed the ICC's decision to trial pink balls in day-time Tests to mitigate fading light issues and boost spectator interest.

Premier League Finds Manchester City Guilty Of Financial Breaches Over Nearly A Decade

Premier League Finds Manchester City Guilty Of Financial Breaches Over Nearly A Decade

Rediff.com30 Sep 2026

An independent commission has found Manchester City guilty of serious financial rule breaches over nine seasons, involving "sham" commercial contracts to inflate revenue and understate costs by over 900 million. The club denies wrongdoing and plans to appeal the decision, which could have significant consequences for its past and future achievements in English football.

Why Tata Sons IPO May Get Lower Valuation

Why Tata Sons IPO May Get Lower Valuation

Rediff.com26 Sep 2026

Holding-company discounts and losses at key unlisted ventures could weigh on Tata Sons' IPO valuation, though its diversified portfolio may still command a premium.

How Pakistan's Asian Games Contingent Is Managing Funding Shortfalls

How Pakistan's Asian Games Contingent Is Managing Funding Shortfalls

Rediff.com14 Sep 2026

The state-run Pakistan Sports Board is only funding a fraction of the country's 248-member Asian Games contingent, with many athletes and officials relying on federations, the POA, or self-financing. The Pakistan Olympic Association secretary, Khalid Mahmood, confirmed that self-funded medal winners would be compensated and highlighted Pakistan's medal hopes across various disciplines.

Bangladesh Women Advance To Asian Games Cricket Semis After Washout

Bangladesh Women Advance To Asian Games Cricket Semis After Washout

Rediff.com17 Sep 2026

The Bangladesh women's cricket team has advanced to the semi-finals of the 2026 Asian Games after their quarter-final match against China was abandoned due to a wet outfield.

Long-Running JVG Fraud Case Sees Chargesheet Filed By EOW

Long-Running JVG Fraud Case Sees Chargesheet Filed By EOW

Rediff.com30 Sep 2026

The Economic Offences Wing (EOW) of the Crime Branch has filed a chargesheet against four individuals in a 16-year-old fraud case involving Johar Veer Goga (JVG), an unauthorised non-banking finance company in Jammu. The case stems from an investor's complaint in 2010 regarding an unpaid fixed deposit from 1996-97, revealing that JVG operated without proper regulatory registration.

Lack Of Evidence Leads To Acquittal In Delhi Metro Robbery Case

Lack Of Evidence Leads To Acquittal In Delhi Metro Robbery Case

Rediff.com2 Oct 2026

A Delhi court has acquitted two men, Deepak alias Golu and Shanu alias Furkan, who were accused of robbing and shooting a man at a metro station in 2018. The court cited the prosecution's failure to establish their identity as assailants and inability to scientifically link the recovered pistol to the firing, highlighting a lack of evidence beyond reasonable doubt.

HC flags 'political selectivity', rejects SIT probe into 2020 Delhi riots

HC flags 'political selectivity', rejects SIT probe into 2020 Delhi riots

Rediff.com5 Oct 2026

The Delhi High Court has dismissed petitions seeking a Special Investigation Team (SIT) probe into the 2020 northeast Delhi riots, stating no case was made out against politicians, including BJP leaders Anurag Thakur and Parvesh Verma, for alleged hate speeches. The court noted "political selectivity" in targeting certain individuals and found no exceptional circumstances to warrant further FIRs or a court-monitored investigation, emphasizing that the criminal justice process has significantly progressed.

AI Can Disrupt Jobs, Not Doom Humanity

AI Can Disrupt Jobs, Not Doom Humanity

Rediff.com30 Sep 2026

'My biggest fear about AI is that humans are going to rush to deploy it before AI is ready.'

Rising US Bond Yields Pressure on Indian Equities, FPIs Withdraw Capital

Rising US Bond Yields Pressure on Indian Equities, FPIs Withdraw Capital

Rediff.com5 Oct 2026

Rising bond yields in the US and other advanced economies are making it increasingly difficult for Indian equities to attract foreign portfolio investors (FPIs), leading to pressure on valuations and potentially lower returns for domestic investors.

How To Protect Inherited Jewellery From Tax Disputes

How To Protect Inherited Jewellery From Tax Disputes

Rediff.com5 Oct 2026

The assessee must explain the nature and source of jewellery and support the explanation with evidence, tax experts say.

SC refuses to stay MDR on UPI, seeks govt's response

SC refuses to stay MDR on UPI, seeks govt's response

Rediff.com28 Sep 2026

The Supreme Court has refused to grant an interim stay on the imposition of Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000, which is set to take effect from October 15. The court has agreed to examine the challenge to this new fee and has issued notices to the Centre, RBI, and NPCI, seeking their responses within four weeks. A Public Interest Litigation (PIL) argues that the levy lacks statutory safeguards, transparency, and public consultation, and could adversely affect merchants and consumers.

Asian Games: Indian men's team in cricket semis after washout

Asian Games: Indian men's team in cricket semis after washout

Rediff.com28 Sep 2026

The Indian men's cricket team has advanced to the Asian Games semi-final after their quarter-final match against Afghanistan was abandoned due to rain, with India progressing based on their superior ICC T20I ranking.

Document Bank Transactions Before IT Officials Come Knocking

Document Bank Transactions Before IT Officials Come Knocking

Rediff.com21 Sep 2026

A deposit is not necessarily taxable simply because it appears in a bank account. What matters is whether its source can be satisfactorily explained.

Sept IPO Fundraising Highest In CY26

Sept IPO Fundraising Highest In CY26

Rediff.com2 Oct 2026

The Indian IPO market recorded its highest monthly fundraising in September, with 34 mainboard companies raising 39,309 crore, despite a significant decline in the Nifty 50 index.

SBI anticipates UPI MDR to cover costs, generate surplus

SBI anticipates UPI MDR to cover costs, generate surplus

Rediff.com24 Sep 2026

State Bank of India (SBI) anticipates that the newly introduced Merchant Discount Rate (MDR) on person-to-merchant (P2M) UPI transactions above 2,000, effective October 15, will enable it to recover the costs incurred in processing and facilitating these transactions, potentially even generating a small surplus.

Asian Games: Manu Bhaker fires into 10m Air Pistol final

Asian Games: Manu Bhaker fires into 10m Air Pistol final

Rediff.com23 Sep 2026

Double Olympic medallist Manu Bhaker has qualified for the women's 10m air pistol final at the Asian Games, finishing third in the qualification round.

Hathras Double Murder: Second Wife Conspired To Kill Retired Army Man

Hathras Double Murder: Second Wife Conspired To Kill Retired Army Man

Rediff.com30 Sep 2026

Two individuals have been arrested in connection with the double murder of a retired Army man and his first wife in Hathras. Police claim the man's second wife conspired with her alleged lover to commit the crime for property and to live together.

India's gold charge meets rain hurdle as Sri Lanka await in Asian Games semifinal

India's gold charge meets rain hurdle as Sri Lanka await in Asian Games semifinal

Rediff.com30 Sep 2026

India's men's cricket team, despite being full strength, faces a rusty start and weather challenges in their Asian Games semifinal against a second-string Sri Lanka. Heavy rain has hampered their practice, and while the forecast for the semifinal is clear, the final could be affected. India, as top-ranked, will progress if the match is washed out, highlighting the impact of weather on the tournament.

Understanding The Impact Of New UPI Merchant Charges

Understanding The Impact Of New UPI Merchant Charges

Rediff.com2 Oct 2026

UPI transactions saw a 27% volume increase and 20% value increase in the first half of the current fiscal year. Despite a slight moderation in September, the digital payment system is set to implement a 0.4% merchant discount rate on transactions over Rs 2,000, aiming for a sustainable revenue model. Small merchants and person-to-person payments remain exempt, and UPI's global presence continues to expand.

Why Do We Need Permission to Protest Against the Government?

Why Do We Need Permission to Protest Against the Government?

Rediff.com10 Oct 2026

Before protesting against the State, the citizen should not have to ask: Sir, may I protest, please?, asserts Prem Panicker.

Arya Samaj certificate alone no proof of Hindu marriage, rules HC

Arya Samaj certificate alone no proof of Hindu marriage, rules HC

Rediff.com21 Sep 2026

The Allahabad High Court has ruled that an Arya Samaj marriage certificate alone does not prove a valid Hindu marriage unless essential ceremonies under the Hindu Marriage Act are performed. This decision led to the reinstatement of an SSB officer who was dismissed for allegedly falsely declaring his marital status, as the court found no evidence of the required rituals in his disputed marriage.

Uttarakhand Professor Faces Molestation Charges After Internal Inquiry

Uttarakhand Professor Faces Molestation Charges After Internal Inquiry

Rediff.com26 Sep 2026

Police in Uttarakhand's Tehri district have registered a case against an assistant professor for alleged molestation of two female students, including a minor, following an internal inquiry at a government college. The case has been filed under the Bharatiya Nyaya Sanhita and POCSO Act, with authorities initiating a thorough investigation.

Bishnoi reveals why Asian Games medal feels special

Bishnoi reveals why Asian Games medal feels special

Rediff.com28 Sep 2026

Indian leg-spinner Ravi Bishnoi shares his unique experience at the Asian Games, highlighting the distinct feeling of winning medals for India compared to trophies for the BCCI. He also discusses the team's accommodation and travel, and their desire to explore other sports.

Pink ball for India-Australia Test in Guwahati? ICC rule opens door

Pink ball for India-Australia Test in Guwahati? ICC rule opens door

Rediff.com1 Oct 2026

The International Cricket Council (ICC) has approved the use of pink balls in day-time Test matches on a trial basis, aiming to mitigate the frequent loss of overs due to fading light in the final session. This decision, applicable to series starting from October 1, allows for mutual agreement between teams to use the pink ball for the entire duration of a Test.

'Monetary Policy Can Bring Inflation To The Target'

'Monetary Policy Can Bring Inflation To The Target'

Rediff.com7 Oct 2026

'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'

Arif Zakaria: 'Jinnah's Role Was Demanding'

Arif Zakaria: 'Jinnah's Role Was Demanding'

Rediff.com6 Oct 2026

'...because of the character, how it was to be portrayed, the speech, the scenes.' 'There was a physicality involved because he was a TB patient who eventually had cancer and passed away.'

Which Airlines Will Move Flights From Mumbai To Navi Mumbai?

Which Airlines Will Move Flights From Mumbai To Navi Mumbai?

Rediff.com3 Oct 2026

IndiGo will have 74 of its 224 weekly international departures affected while Air India will relocate 33 of its 100 departures.