News for 'Business India'

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Rediff.com7 Aug 2026

Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

Rediff.com3 Jul 2026

India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

Rediff.com18 Aug 2026

Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.

Sumit Sarkar: The Historian Who Transformed Indian History

Sumit Sarkar: The Historian Who Transformed Indian History

Rediff.com25 Aug 2026

Sumit Sarkar was never intellectually dismissive of the Hindutva project. He took it with deadly seriousness for he grasped the challenge it posed to the aspirations and ideals of the anti-imperialist movement that generated multiple imaginings of freedom and ways to attain it, recalls Pradeep Kumar Dutta.

What's Holding Up India-US Trade Deal?

What's Holding Up India-US Trade Deal?

Rediff.com14 Jul 2026

India is waiting for assurance from the US on comparative advantage over other economies under the deal.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

Rediff.com20 Aug 2026

High fees do not automatically translate into better teaching or stronger clinical exposure, points out Nayagam PP, career counsellor and founder of EduJob360.

Students Abroad: Simple Indian Recipes

Students Abroad: Simple Indian Recipes

Rediff.com21 Aug 2026

Living away from home can be tough, especially if you have to cook on your own or rely on takeaways. Simple solutions for you!

Test cricket is my ultimate goal, so I model my game around red ball: Devdutt Padikkal

Test cricket is my ultimate goal, so I model my game around red ball: Devdutt Padikkal

Rediff.com18 Aug 2026

Devdutt Padikkal on Tuesday asserted that Test cricket remains his "ultimate goal", and subtle technical adjustments to his batting has helped him make an instant impact in the ongoing first Test against Sri Lanka in Galle.

PwC Report: AI Integration Key To Indian Manufacturing Success

PwC Report: AI Integration Key To Indian Manufacturing Success

Rediff.com29 Jul 2026

A PwC India report highlights that the competitiveness of India's industrial manufacturing sector hinges on the seamless integration of Artificial Intelligence (AI) into business strategies and operations. The report indicates that a significant majority of Indian manufacturers view AI as crucial for achieving strategic goals and are accelerating automation across various functions to build intelligent enterprises and gain sustainable competitive advantage.

India Creates History At Physics Olympiad

India Creates History At Physics Olympiad

Rediff.com14 Jul 2026

All five Indian teenagers who competed at the International Physics Olympiad 2026 won gold medals; thanks to their achievement, India shared the world No 1 ranking with China, Kazakhstan, Russia, South Korea and Taiwan.

Indian IT firms see uptick in outcome-based deals driven by AI

Indian IT firms see uptick in outcome-based deals driven by AI

Rediff.com21 Aug 2026

Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.

'Crisis In The Economy Started Last Year'

'Crisis In The Economy Started Last Year'

Rediff.com15 Aug 2026

'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'

25 US states move court against Trump's forced-labour tariffs

25 US states move court against Trump's forced-labour tariffs

Rediff.com4 Aug 2026

A coalition of 25 Democratic-ruled US states has filed a lawsuit against the Trump administration's decision to impose new tariffs on 60 economies, including India. The states contend that these tariffs, ostensibly aimed at combating forced labour, are illegal taxes that will raise costs for consumers and businesses, and were implemented without proper legal justification.

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Rediff.com7 Aug 2026

The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.

India's Growth Pace May Dip as Global Economy Slows, Warns Moody's Analytics

India's Growth Pace May Dip as Global Economy Slows, Warns Moody's Analytics

Rediff.com17 Jul 2026

Moody's Analytics predicts India will remain the fastest-growing major economy in 2026 and 2027, but its pace will moderate due to a global slowdown, geopolitical risks, and financial market volatility, despite the boost from AI demand.

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Rediff.com15 Jul 2026

Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.

GSTN Postpones E-Way Bill Changes

GSTN Postpones E-Way Bill Changes

Rediff.com31 Jul 2026

GSTN has put on hold its planned enhancements to the e-way bill system, providing businesses with crucial time to adapt to the proposed changes amid widespread industry concerns.

Sunil Chhetri's Plea To Tata Group: Don't Shut Down Jamshedpur FC

Sunil Chhetri's Plea To Tata Group: Don't Shut Down Jamshedpur FC

Rediff.com2 Aug 2026

Former India captain Sunil Chhetri has publicly appealed to the Tata Group to reverse its decision to withdraw Indian Super League club Jamshedpur FC.

Life After Leak: When Your Data Gets Stolen

Life After Leak: When Your Data Gets Stolen

Rediff.com18 Aug 2026

A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.

Vikram-1, India's first privately-built orbital rocket, to lift off on July 18

Vikram-1, India's first privately-built orbital rocket, to lift off on July 18

Rediff.com16 Jul 2026

Skyroot Aerospace is set to launch the maiden test flight of its orbital-class rocket, Vikram-1, from SDSC-SHAR on July 18, marking a significant milestone for India's private sector in the global launch business.

VS Rathanvel secures Grandmaster title as India nears historic 100th GM mark

VS Rathanvel secures Grandmaster title as India nears historic 100th GM mark

Rediff.com18 Jul 2026

V S Rathanvel has become India's 99th Grandmaster, fulfilling a five-year dream after crossing the 2500 Elo rating mark at the Guwahati Smart City International Open 2026. His achievement brings India closer to the landmark 100th GM milestone, marking a significant moment for Indian chess.

'Between me and students': CJI slams Bar Council order against NALSAR graduates

'Between me and students': CJI slams Bar Council order against NALSAR graduates

Rediff.com14 Aug 2026

Chief Justice of India Surya Kant sharply criticised the Bar Council of India (BCI) for its 'uncalled for' interference in a protest by NALSAR University of Law students, asserting that students have a right to protest and that the matter was a 'dialogue between students and me'. The BCI had initially ordered that 2026 NALSAR graduates not be enrolled as advocates, an order it later reversed.

Tata power struggle deepens as Chandra, other Ratan Tata allies step away

Tata power struggle deepens as Chandra, other Ratan Tata allies step away

Rediff.com12 Aug 2026

N Chandrasekaran, chairman of Tata Sons, announced he would not seek reappointment when his term ends in February 2027, following a series of departures by senior figures closely associated with former chairman Ratan Tata, including Vijay Singh and Mehli Mistry, amid a deepening power struggle and governance dispute within the Tata Group.

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Rediff.com8 Aug 2026

Chief Economic Advisor V Anantha Nageswaran has stressed the urgent need for India's financial sector to proactively address the safety and security risks of artificial intelligence, stating that waiting for problems to materialise is not an option.

Trai expands 1601 number series to utilities, logistics to curb fraud

Trai expands 1601 number series to utilities, logistics to curb fraud

Rediff.com11 Aug 2026

The Telecom Regulatory Authority of India (Trai) has expanded the 1600-number series to include utilities, courier, and logistics companies, introducing the new 1601 series to help consumers identify legitimate calls and prevent widespread fraud and impersonation.

After Maha, Gujarat bans analogue paneer, cheese, butter

After Maha, Gujarat bans analogue paneer, cheese, butter

Rediff.com6 Aug 2026

The Gujarat government has imposed a state-wide ban on the production, transportation, and sale of unstandardised analogue paneer, cheese, and butter. Citing public health concerns and the need to protect consumers and the dairy sector, the decision follows detections of substandard artificial dairy products during inspections. Legal action will be taken against violators.

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Rediff.com19 Aug 2026

The Enforcement Directorate has seized handwritten notes and digital evidence during searches related to former Kerala Chief Minister Pinarayi Vijayan's daughter, Veena T. The agency alleges these notes detail fund transfers to Dubai and amounts handled beyond her known income, linking her to a money laundering probe involving Cochin Minerals and Rutile Ltd (CMRL) and her defunct company, Exalogic Solutions. Political leaders have condemned the probe as a vendetta.

Cong issues three-day LS, RS whip to its MPs ahead of FCRA Bill debate

Cong issues three-day LS, RS whip to its MPs ahead of FCRA Bill debate

Rediff.com7 Aug 2026

The Congress party has issued a whip to its MPs in both the Rajya Sabha and Lok Sabha, mandating their presence from August 10-12 for discussions on "very important" issues. This directive comes amidst reports of potential debates on the Foreign Contribution (Regulation) Amendment Bill, 2026, and a Constitution Amendment Bill concerning delimitation, though the government's official business list did not explicitly mention these.

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com7 Aug 2026

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

India And New Zealand Elevate Strategic Partnership

India And New Zealand Elevate Strategic Partnership

Rediff.com11 Jul 2026

Prime Minister Narendra Modi concluded his three-nation tour in New Zealand, where he and his counterpart Christopher Luxon elevated bilateral ties to a strategic partnership. The visit focused on doubling trade by 2030 and expanding cooperation in the Indo-Pacific region, marking the first visit by an Indian PM in 40 years.

How Yuvraj's prank nearly cost Ganguly his captaincy

How Yuvraj's prank nearly cost Ganguly his captaincy

Rediff.com17 Aug 2026

Former India spinner Harbhajan Singh recounted an elaborate April Fool's Day prank in 2005 where he and Yuvraj Singh convinced then-captain Sourav Ganguly that he had publicly criticised his teammates, leading Ganguly to panic and offer to resign.

'Chandra Has Taken Right Professional Decision At the Right Time'

'Chandra Has Taken Right Professional Decision At the Right Time'

Rediff.com13 Aug 2026

While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.

Why Women Remain Under-Represented In Cabinets

Why Women Remain Under-Represented In Cabinets

Rediff.com18 Aug 2026

Lack of women in Karnataka's new council of ministers has put the spotlight once again on women's under-representation in politics and policy.

Kolkata hotel blaze: Govt orders safety audit of hotels, guest houses

Kolkata hotel blaze: Govt orders safety audit of hotels, guest houses

Rediff.com20 Aug 2026

A devastating fire in a central Kolkata building resulted in nine deaths, primarily due to asphyxia, and the rescue of around 80 people. West Bengal minister Kaushik Chowdhury highlighted the quick response of the Fire Brigade but raised concerns about safety norms, lack of windows, and the proliferation of cramped hotels within the building. An investigation committee will be formed, and fire audits will be conducted across all hotels in the state.

Govt plans to send FCRA Bill to joint Parl panel for scrutiny

Govt plans to send FCRA Bill to joint Parl panel for scrutiny

Rediff.com11 Aug 2026

The government is considering sending 'The Foreign Contribution (Regulation) Amendment Bill, 2026' to a joint committee of both houses of Parliament for further examination, even as the Congress and some other opposition parties have demanded that it be withdrawn, sources said on Tuesday.

Commonwealth Gold Medalist Dilip Gavit Snubbed By Raj Thackeray

Commonwealth Gold Medalist Dilip Gavit Snubbed By Raj Thackeray

Rediff.com6 Aug 2026

Commonwealth gold medalist para-athlete Dilip Gavit was reportedly unable to meet MNS chief Raj Thackeray in Nashik despite waiting for nearly two hours, according to his coach.

'Government Did A U-Turn On Caste Census'

'Government Did A U-Turn On Caste Census'

Rediff.com19 Aug 2026

'They want to sabotage the caste census and bury Muslim backward classes, Hindu backward classes, Sikh backward classes and Buddhist backward classes.'

Anand Mahindra: M&M must enter attack mode

Anand Mahindra: M&M must enter attack mode

Rediff.com31 Jul 2026

Mahindra Group Chairman Anand Mahindra announced the company would adopt an 'attack mode' strategy, accelerating investment, innovation, and execution to capitalise on opportunities arising from prolonged geopolitical and economic uncertainty.