News for 'Business Development'

LS Speaker's unique move on FCRA Bill: Nomiates two Rajya Sabha MPs to JPC

LS Speaker's unique move on FCRA Bill: Nomiates two Rajya Sabha MPs to JPC

Rediff.com1 days ago

Lok Sabha Speaker Om Birla has made a rare move by nominating two Rajya Sabha members as "special invitees" to the Joint Parliamentary Committee (JPC) examining the Foreign Contribution (Regulation) Amendment Bill, 2026. This decision comes as the contentious Bill, referred to the 31-member JPC for detailed examination, faces opposition demands for its withdrawal.

New Study Warns Of 50% Rise In Petrochemical Emissions By 2050

New Study Warns Of 50% Rise In Petrochemical Emissions By 2050

Rediff.com9 Sep 2026

New research from the University of Sheffield indicates that greenhouse gas emissions from petrochemical production could increase by 50 per cent by 2050 under a business-as-usual scenario. The study, published in Nature Sustainability, provides the first detailed global map of these emissions, identifying key sources and highlighting the challenge of decarbonising the sector.

The High Cost Of Defending The Rupee

The High Cost Of Defending The Rupee

Rediff.com10 Sep 2026

The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.

Why Petrol Dealers Oppose UPI Fee

Why Petrol Dealers Oppose UPI Fee

Rediff.com1 days ago

Petrol pump dealers seek exemption from the proposed 5 UPI charge on fuel purchases above 2,000, citing pressure on their margins.

Samsung India begins job cuts; trims workforce at senior level

Samsung India begins job cuts; trims workforce at senior level

Rediff.com8 Sep 2026

Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.

10 CV Tips To Get Hired

10 CV Tips To Get Hired

Rediff.com1 days ago

Weak verbs and poor language can make even impressive achievements seem ordinary, points out Nayagam PP, a career coach and founder of EduJob360.

How Western Disturbances Influence North India's Winter Air Pollution

How Western Disturbances Influence North India's Winter Air Pollution

Rediff.com7 days ago

A new study reveals that approximately 70 per cent of the year-to-year variation in winter air pollution across northern India can be explained by the frequency of western disturbances. These storm systems, originating from the Mediterranean, help clear pollution through precipitation and ventilation. The findings suggest that predicting the frequency of these disturbances could provide advance warning of severe pollution, allowing for better preparedness and implementation of control measures.

'Ashamed' Gadkari won't attend Mumbai-Goa highway opening

'Ashamed' Gadkari won't attend Mumbai-Goa highway opening

Rediff.com10 Sep 2026

Union Minister Nitin Gadkari has expressed his determination to blacklist contractors and suspend officials responsible for delays and shoddy execution of infrastructure projects. He plans to personally inspect the delayed Mumbai-Goa Highway in October and urged the Goa government to develop roadside amenities and promote green initiatives along the route. Gadkari also highlighted the importance of infrastructure for economic growth and sustainable development.

The Long Road To Viksit Bharat

The Long Road To Viksit Bharat

Rediff.com4 days ago

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.

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Rediff.com1 days ago

Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.

Tata's Problem Is India's Problem

Tata's Problem Is India's Problem

Rediff.com1 days ago

J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.

How Cloud And AI Can Propel India's Economic Growth

How Cloud And AI Can Propel India's Economic Growth

Rediff.com7 Sep 2026

Arundhati Bhattacharyya, Salesforce President and CEO for South Asia, highlighted how cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in the technology revolution. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs by addressing unmet business demands and could significantly boost India's GDP, with NITI Aayog estimating a USD 500-600 billion addition by 2035. She urged Indian businesses to transform using technology, focus on data, redesign work, and invest in skills, stressing that AI is not just for large corporations.

Why Agentic AI Engineers Are India's Hottest Tech Job

Why Agentic AI Engineers Are India's Hottest Tech Job

Rediff.com8 Sep 2026

A new report by CIEL HR indicates a massive 260 per cent year-on-year surge in demand for Agentic AI engineers in India by 2026. This growth highlights AI's increasing role in automating routine tech functions and the evolving landscape of technology skills, prompting organisations to invest in reskilling and talent development to meet the rising demand for AI, cloud, and cybersecurity expertise.

Iran won't bow to 'bullying': Pezeshkian's message to US, Israel from Delhi

Iran won't bow to 'bullying': Pezeshkian's message to US, Israel from Delhi

Rediff.com7 days ago

Iranian President Masoud Pezeshkian declared that Iran will not succumb to "bullying" from the US and Israel, vowing to protect national interests amidst escalating West Asian hostilities. During his visit to New Delhi for the BRICS summit, Pezeshkian also discussed strengthening bilateral ties with Prime Minister Narendra Modi and advocated for local currencies in BRICS trade, positioning Iran as a strategic energy and transport partner.

How India Is Integrating Payment Systems In Global Trade Deals

How India Is Integrating Payment Systems In Global Trade Deals

Rediff.com9 Sep 2026

India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.

Quantum Computing: AI's Next Frontier

Quantum Computing: AI's Next Frontier

Rediff.com29 Aug 2026

Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.

Fintech 'Valuable Partner' in Building Future Financial System: RBI Governor

Fintech 'Valuable Partner' in Building Future Financial System: RBI Governor

Rediff.com9 Sep 2026

RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.

Who Will Succeed Sashidhar Jagdishan At HDFC?

Who Will Succeed Sashidhar Jagdishan At HDFC?

Rediff.com8 Sep 2026

Potential external candidates include Anup Bagchi, Rajiv Sabharwal and CSB Bank's Pralay Mondal.

Tata Chemicals Vows to Resolve Outstanding Issues After Kenya's Shutdown Order

Tata Chemicals Vows to Resolve Outstanding Issues After Kenya's Shutdown Order

Rediff.com4 Sep 2026

Tata Chemicals has stated its commitment to resolving outstanding issues with the Kenyan government after President William Ruto reportedly ordered its subsidiary, Tata Chemicals Magadi Ltd, to cease operations, citing a lack of benefit to citizens.

Marc Benioff Highlights India's Role In Salesforce's AI Transformation

Marc Benioff Highlights India's Role In Salesforce's AI Transformation

Rediff.com3 days ago

Salesforce CEO Marc Benioff has identified a significant opportunity for India as the company transitions its enterprise systems to an AI-first model. He emphasised India's crucial role, leveraging its extensive pool of technology professionals and partners, in this global technological transformation, which he likened to a "Y2K moment" for engineering.

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com27 Aug 2026

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

Punjab Lions Bowler Takes Field After Grandfather's Death

Punjab Lions Bowler Takes Field After Grandfather's Death

Rediff.com6 days ago

Ludhiana Lions' Krish Bhagat played an important Sher-E-Punjab T20 League match against Amritsar Soormas, dedicating a crucial wicket to his late grandfather, Chunni Lal Bhagat, a former Cabinet Minister. Krish shared how his grandfather's journey from Pakistan inspired him and spoke about his own early start in cricket, his family's support, and his focus on team goals in the league.

SEMICON India 2026: Unpacking India's Strategic Push For Chip Manufacturing

SEMICON India 2026: Unpacking India's Strategic Push For Chip Manufacturing

Rediff.com2 days ago

India is making a significant push to establish itself as a global semiconductor manufacturing hub, driven by strategic investments and policy support. The upcoming SEMICON India 2026 event will showcase the country's advancements and ambitions in this critical industry, which underpins virtually all modern electronic devices and has faced global supply chain vulnerabilities.

Can Food Prices Cool Before 2026 Ends?

Can Food Prices Cool Before 2026 Ends?

Rediff.com3 days ago

'I don't really expect the August increase in food prices, which was close to 6 per cent, to persist as we go close to the end of this year.'

Modi, Putin bolster trade, defence, energy ties; discuss Ukraine peace efforts

Modi, Putin bolster trade, defence, energy ties; discuss Ukraine peace efforts

Rediff.com7 days ago

Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.

Revolutionary Morphing Skin Enhances Aircraft Safety And Fuel Efficiency

Revolutionary Morphing Skin Enhances Aircraft Safety And Fuel Efficiency

Rediff.com6 days ago

Researchers at the Indian Institute of Technology Madras (IIT,M) have developed a novel "morphing skin" concept for aircraft wings, inspired by bird flight. This adaptive external skin dynamically reshapes in real time to prevent aerodynamic stalls, enhance lift, reduce drag, and significantly improve aircraft safety and fuel efficiency. The technology holds promise for commercial aviation, unmanned aerial vehicles, and defence applications.

Fuel-efficiency tool for trucks may be ready by Dec, launch likely in Feb

Fuel-efficiency tool for trucks may be ready by Dec, launch likely in Feb

Rediff.com4 Sep 2026

India is set to launch Bharat Vecto, its first certification tool for assessing the fuel efficiency and CO2 emissions of medium and heavy commercial vehicles, by December, with a full launch targeted for the Bharat Mobility Global Expo in February 2027.

How India's Real-Time Payments Can Create Global Fintech Giants

How India's Real-Time Payments Can Create Global Fintech Giants

Rediff.com9 Sep 2026

Razorpay CEO Harshil Mathur highlights India's leadership in real-time payments, stating it can foster numerous billion-dollar fintech companies capable of expanding globally. He draws parallels with the US internet boom and discusses how India's unique regulatory and private sector collaboration, exemplified by UPI, can be replicated in other emerging markets. Mathur also touches upon the opportunities and risks associated with leveraging AI in business.

The Sashidhar Jagdishan years at HDFC Bank: Crisis, merger, and scrutiny

The Sashidhar Jagdishan years at HDFC Bank: Crisis, merger, and scrutiny

Rediff.com8 Sep 2026

Sashidhar Jagdishan, the managing director and CEO of HDFC Bank, has announced his decision not to seek reappointment and will retire at the end of his current term on October 26, concluding a six-year tenure marked by significant regulatory and governance challenges, including RBI restrictions, a major merger, and scrutiny over alleged illegal payments.

India on watch as Trump may sign Russia sanctions bill today

India on watch as Trump may sign Russia sanctions bill today

Rediff.com10 hours ago

US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.

BJP Faces West Bengal Investment Test

BJP Faces West Bengal Investment Test

Rediff.com7 Sep 2026

West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.

Wars, tariffs test BRICS unity as leaders gather in Delhi

Wars, tariffs test BRICS unity as leaders gather in Delhi

Rediff.com7 days ago

The BRICS summit in New Delhi brings together leaders from major emerging economies to address global challenges like trade disputes, geopolitical upheavals, and the economic impact of conflicts in Ukraine and West Asia. India, as chair, aims to position BRICS as an economic growth engine, focusing on the Global South's food, energy, and supply chain security. The summit also highlights the grouping's expansion and its growing influence in global governance.

Delhi PG operator held after building collapse, leaseholders under scanner

Delhi PG operator held after building collapse, leaseholders under scanner

Rediff.com9 Sep 2026

A PG operator has been arrested following the collapse of a five-storey building in Delhi's Satya Niketan, which resulted in seven deaths. Police are investigating the role of the building's leaseholders, the 'Hostel Daze' PG operators, and the construction work carried out. Another partner is absconding, and a labour contractor has also been apprehended as authorities scrutinise the controversial rent agreement and alleged unauthorised construction.

EV manufacturers seek deadline extension for eDRIVE localisation norms

EV manufacturers seek deadline extension for eDRIVE localisation norms

Rediff.com1 Sep 2026

Electric commercial vehicle manufacturers in India are struggling to meet localisation requirements under the PM eDRIVE scheme, set to begin on Tuesday. The Society of Indian Automobile Manufacturers (Siam) has requested a seven-month extension until April 1, 2027, citing disruptions in the supply of rare earth magnets due to China's export restrictions and geopolitical tensions. The government is yet to decide on the request, which aims to prevent production disruptions and allow time for local supply chain development.

Why Tata Must Put The Group Before Individuals

Why Tata Must Put The Group Before Individuals

Rediff.com31 Aug 2026

Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.

InsuranceDekho and RenewBuy merge to create India's largest AI-powered insurance platform

InsuranceDekho and RenewBuy merge to create India's largest AI-powered insurance platform

Rediff.com2 Sep 2026

InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.

Gulf tensions drive NRI luxury home investments back to India

Gulf tensions drive NRI luxury home investments back to India

Rediff.com2 Sep 2026

Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.

STOP Trolling Katrina Kaif For Her Post Pregnancy Body!

STOP Trolling Katrina Kaif For Her Post Pregnancy Body!

Rediff.com22 hours ago

When the Internet reduced Katrina Kaif to her post-pregnancy body, it exposed how society prioritises cruel 'bounce back' ideals over genuine postpartum healing.

Bengaluru Gets First Gemini Enterprise Experience Centre

Bengaluru Gets First Gemini Enterprise Experience Centre

Rediff.com19 Aug 2026

Econz IT Services, in partnership with Google Cloud, has launched Bengaluru's first Gemini Enterprise Experience Centre. This centre provides an immersive environment for businesses to develop and deploy advanced Agentic AI solutions, marking a significant step in enterprise AI innovation in the region.

Fortis Healthcare moves Supreme Court against Delhi HC forensic audit order

Fortis Healthcare moves Supreme Court against Delhi HC forensic audit order

Rediff.com2 days ago

Hospital chain Fortis Healthcare has filed a special leave petition in the Supreme Court against a Delhi High Court order directing a forensic audit into the alleged erosion of assets by its former promoters, Malvinder and Shivinder Singh, during enforcement proceedings initiated by Japanese drugmaker Daiichi Sankyo.