News for 'Business India'

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

Rediff.com27 Aug 2026

JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.

BRICS summit: Delhi hotels fully booked, rates soar

BRICS summit: Delhi hotels fully booked, rates soar

Rediff.com8 Sep 2026

Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.

Gains for power stocks depend on execution, valuations

Gains for power stocks depend on execution, valuations

Rediff.com9 Sep 2026

India's power sector is undergoing a significant transformation, driven by a planned shift towards renewable energy and ambitious capacity expansion targets, with major players like NTPC, JSW Energy, Adani, and Tata Power prioritising predictable returns. However, execution challenges and valuation concerns remain critical factors for sustained growth.

'EC has created a Frankenstein's monster through SIR'

'EC has created a Frankenstein's monster through SIR'

Rediff.com23 Sep 2026

Former Chief Election Commissioners have voiced strong objections to reported 'illegal' changes in voter registration Form 6 and the centralisation of electoral roll control, raising serious concerns about the integrity of future elections.

Fresh controversy hits India's shooting setup

Fresh controversy hits India's shooting setup

Rediff.com6 Aug 2026

A top national shotgun coach, involved in India's Asian Games preparations, is under investigation by the Sports Authority of India for alleged conflict of interest related to a contract for building a shooting range in Chennai.

Avengers: Endgame Encore: How The 4 New Crucial Scenes Set Up Doomsday

Avengers: Endgame Encore: How The 4 New Crucial Scenes Set Up Doomsday

Rediff.com28 Sep 2026

Avengers: Endgame Encore adds four crucial scenes that connect the old MCU to Avengers: Doomsday, from Loki's shocking return to Doctor Doom's sinister plans for the multiverse.

RBI Deputy Governor Outlines Vision For India's Evolving Forex Market

RBI Deputy Governor Outlines Vision For India's Evolving Forex Market

Rediff.com20 Aug 2026

RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.

Asian Games Kick Off With A Spectacle Of Innovation And Culture

Asian Games Kick Off With A Spectacle Of Innovation And Culture

Rediff.com19 Sep 2026

Japan inaugurated the 20th Asian Games in Nagoya with a vibrant opening ceremony that seamlessly blended advanced technology and rich cultural traditions, despite earlier organisational challenges.

Why Is Colombo Still Biased Against Jaffna?

Why Is Colombo Still Biased Against Jaffna?

Rediff.com17 Sep 2026

'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'

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.

How Air India Fared Under Chandra

How Air India Fared Under Chandra

Rediff.com13 Aug 2026

Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.

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.

Brics Grain Exchange: A Game-Changer or Too Many Hurdles?

Brics Grain Exchange: A Game-Changer or Too Many Hurdles?

Rediff.com14 Sep 2026

The Brics proposal for a Grain Exchange, aimed at challenging the dominance of Western trading firms, faces significant operational and implementation hurdles, including settlement currency, regulatory frameworks, and limited participation from key members like India, according to experts.

CPI(ML) Slams New UPI MDR Framework As 'UPI Tax'

CPI(ML) Slams New UPI MDR Framework As 'UPI Tax'

Rediff.com17 Sep 2026

CPI(ML) Liberation general secretary Dipankar Bhattacharya has strongly criticised the newly introduced Merchant Discount Rate (MDR) on select UPI transactions, labelling it a "UPI tax" and demanding its immediate rollback. He drew parallels with demonetisation, arguing that the new framework would negatively impact small shopkeepers, MSMEs, and ordinary citizens by increasing prices.

AI could erode India's outsourcing advantage, warns WB report

AI could erode India's outsourcing advantage, warns WB report

Rediff.com5 Aug 2026

Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.

'It Isn't About Noel Tata, It Isn't Even About Chandra'

'It Isn't About Noel Tata, It Isn't Even About Chandra'

Rediff.com23 Sep 2026

'You can't have a runaway board that takes decisions against the active disagreement of the 66 per cent shareholder.'

'It Isn't About Noel Tata, It Isn't Even About Chandra'

'It Isn't About Noel Tata, It Isn't Even About Chandra'

Rediff.com23 Sep 2026

'You can't have a runaway board that takes decisions against the active disagreement of the 66 per cent shareholder.'

Traders Threaten Cash Pushback Over New UPI Transaction Fee

Traders Threaten Cash Pushback Over New UPI Transaction Fee

Rediff.com16 Sep 2026

The central government has introduced a 0.4 per cent fee on UPI transactions exceeding Rs 2,000, prompting traders' associations to advocate for cash payments to avoid additional costs on digital payments. This move ends the zero-Merchant Discount Rate (MDR) regime, with traders expressing concerns about operating on tight margins and the potential for increased charges.

BCCI boosts commercial portfolio with new Rs 130 crore deals

BCCI boosts commercial portfolio with new Rs 130 crore deals

Rediff.com8 Sep 2026

The BCCI has announced new associate partnerships with Campa, SBI Life, and ChatGPT for India's home cricket matches. These deals are valued at over Rs 130 crore for two seasons, marking a 44% increase over the previous cycle and extending until March 2028. The partnerships highlight the growing commercial appeal and versatility of Indian cricket.

Equity MF Inflows Hit Four-Month High In August

Equity MF Inflows Hit Four-Month High In August

Rediff.com11 Sep 2026

Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.

How AI Is Reshaping Enterprise Data Strategy Globally

How AI Is Reshaping Enterprise Data Strategy Globally

Rediff.com12 Sep 2026

A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.

Xi arrives in Delhi for BRICS summit, talks with Modi at 6 pm

Xi arrives in Delhi for BRICS summit, talks with Modi at 6 pm

Rediff.com12 Sep 2026

Chinese President Xi Jinping's first visit to India in seven years for the BRICS Summit and bilateral talks with Prime Minister Narendra Modi is set to address crucial aspects of India-China relations, including trade, investment, and persistent border tensions.

Commonwealth Champion Bids Farewell To Her Guns

Commonwealth Champion Bids Farewell To Her Guns

Rediff.com22 Sep 2026

Commonwealth Games gold medallist and Arjuna Awardee Roopa Unnikrishnan gives away the rifles that shaped her brilliant shooting career, hoping they will inspire a new generation of Indian shooters.

Hockey World Cup: Captain Harmanpreet wants India to cut defensive lapses before next test

Hockey World Cup: Captain Harmanpreet wants India to cut defensive lapses before next test

Rediff.com19 Aug 2026

India secured a 5-3 victory over arch-rivals Pakistan in a high-octane FIH World Cup match. Despite the win, captain Harmanpreet Singh expressed concerns about defensive lapses and the team's inability to retain possession, urging improvements before facing top teams. Coach Craig Fulton praised the team's adherence to the game plan under pressure, while Pakistan acknowledged their mistakes.

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Rediff.com5 Sep 2026

The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.

'Bank Customers Have Become Demanding'

'Bank Customers Have Become Demanding'

Rediff.com15 Sep 2026

'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'

Chandra Reappointment Sparks Legal Debate

Chandra Reappointment Sparks Legal Debate

Rediff.com21 Sep 2026

'On a plain reading of Article 121, it can be said that the chairman's casting vote can be invoked in either of these cases.'

Paytm shares jump over 7% as UPI fee introduced; other fintechs volatile

Paytm shares jump over 7% as UPI fee introduced; other fintechs volatile

Rediff.com16 Sep 2026

Shares of fintech firms, particularly Paytm, saw significant movement after the Indian government introduced a 0.4 per cent fee on UPI transfers exceeding Rs 2,000 made to merchants, effective October 15.

'Best For Investors To Miss India IT Bus'

'Best For Investors To Miss India IT Bus'

Rediff.com10 Aug 2026

'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'

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.

Before The Paradise, Watch Nani's Best Movies

Before The Paradise, Watch Nani's Best Movies

Rediff.com23 Sep 2026

As Nani gears up for the ambitious The Paradise, we look back at his most memorable performances, from a vengeful housefly to a fiery revolutionary and to a Saturday-only action hero.

Can VinFast Sustain Its Blistering India Start?

Can VinFast Sustain Its Blistering India Start?

Rediff.com5 Aug 2026

VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.

India Inc Sees Fastest Revenue Growth in 15 Quarters

India Inc Sees Fastest Revenue Growth in 15 Quarters

Rediff.com24 Aug 2026

Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.

Can Food Prices Cool Before 2026 Ends?

Can Food Prices Cool Before 2026 Ends?

Rediff.com16 Sep 2026

'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.'

No Muslim officers in Amit Shah's Bengal events, Mahua tells UN body

No Muslim officers in Amit Shah's Bengal events, Mahua tells UN body

Rediff.com17 Sep 2026

TMC MP Mahua Moitra has formally complained to the UN Special Rapporteur on Minority Issues, alleging that senior Muslim IAS and IPS officers in West Bengal were deliberately excluded from official events attended by Union Home Minister Amit Shah. Moitra claims these officers were sidelined due to their religion, a pattern she describes as discriminatory and potentially damaging to minority confidence in security establishments.

Modi to Xi: Border peace 'essential' for better ties

Modi to Xi: Border peace 'essential' for better ties

Rediff.com13 Sep 2026

Prime Minister Narendra Modi conveyed to Chinese President Xi Jinping that peace and tranquillity along the frontier remains an "essential" basis for the development of India-China relations, even as the two leaders welcomed "steady progress" in bilateral ties during their talks on the sidelines of the BRICS summit.

Understanding The GST Impact On UPI Transactions Over Rs 2,000

Understanding The GST Impact On UPI Transactions Over Rs 2,000

Rediff.com16 Sep 2026

Tax experts clarify that merchants will pay 18% GST on Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, effective October 15. However, registered merchants can claim Input Tax Credit (ITC), mitigating the tax burden. This move is expected to generate significant GST revenue for the exchequer while funding payment infrastructure.

How EVTOLs Can Revolutionise India's Medical Logistics

How EVTOLs Can Revolutionise India's Medical Logistics

Rediff.com31 Jul 2026

Air India, SkyDrive, and Suzuki Motor Corporation have signed an initial pact to conduct a joint feasibility study on using electric vertical take-off and landing (eVTOL) aircraft for medical air logistics in India. This collaboration aims to address severe traffic congestion in major Indian cities, which poses challenges for time-critical medical transport, by developing last-mile emergency medical solutions.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

UPI MDR: Ministry Addresses Concerns Over Cash Transactions And Inflation

UPI MDR: Ministry Addresses Concerns Over Cash Transactions And Inflation

Rediff.com17 Sep 2026

The Finance Ministry has clarified that the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, is not expected to increase cash transactions or cause inflation. The ministry also dismissed allegations of US pressure influencing the decision, asserting that the policy aims to promote RuPay credit cards within the UPI ecosystem, and a monitoring mechanism will ensure the MDR burden is not passed on to consumers.