News for 'Business India'

Worship Act doesn't stop land acquisition for public projects: HC

Worship Act doesn't stop land acquisition for public projects: HC

Rediff.com4 Jul 2026

The Allahabad High Court has ruled that the Places of Worship (Special Provisions) Act, 1991, prohibits only the conversion of religious character but does not prevent the state from acquiring such properties for secular and public purposes. This observation came while dismissing a petition challenging the widening and beautification of the Dalmandi area in Varanasi for the Shri Kashi Vishwanath Dham corridor, which involved the proposed demolition of six ancient mosques.

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Rediff.com22 Jun 2026

Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.

Chouhan, Srikanth, Devika Advance To US Open Semifinals

Chouhan, Srikanth, Devika Advance To US Open Semifinals

Rediff.com27 Jun 2026

Young Indian shuttler Rounak Chouhan continued his impressive run at the US Open badminton tournament, defeating Misha Zilberman to reach his first BWF World Tour Super 300 semifinal. Devika Sihag also advanced by upsetting third seed Riko Gunji, and former world No. 1 Kidambi Srikanth secured his spot in the semifinals, raising hopes for an all-India final.

Manufacturing Sector Sees Strong Growth in May, Driven by Domestic Demand and Infrastructure

Manufacturing Sector Sees Strong Growth in May, Driven by Domestic Demand and Infrastructure

Rediff.com1 Jun 2026

India's manufacturing sector activity reached a three-month high in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0, driven by robust domestic demand, infrastructure projects, and new business gains despite ongoing inflationary pressures.

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

Rediff.com20 May 2026

PepsiCo India plans a significant investment of Rs 5,700 crore by 2030 to enhance its production capabilities, focusing on its concentrate plant in Madhya Pradesh, a unit in Assam, and land acquisition in Tamil Nadu to expand its snack business footprint in South India.

Rupee Exchange Rate Is Not Just A Number

Rupee Exchange Rate Is Not Just A Number

Rediff.com6 Jul 2026

If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

Congress leader seeks privilege move against Rajnath over Operation Sindoor casualties

Congress leader seeks privilege move against Rajnath over Operation Sindoor casualties

Rediff.com30 Jun 2026

Congress leader K C Venugopal has written to Lok Sabha Speaker Om Birla, demanding privilege proceedings against Defence Minister Rajnath Singh for allegedly "misleading" Parliament regarding Indian soldier casualties post the Pahalgam terror attack and during Operation Sindoor.

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

Rediff.com19 May 2026

N Chandrasekaran, chairman of Tata Consumer Products (TCPL), stated that India continues to experience credible economic growth, driven by strong demographic fundamentals and accelerating digital public infrastructure, despite a fragmented global landscape.

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Rediff.com25 Jun 2026

Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

Rediff.com19 Jun 2026

Tamil Nadu's new government, led by C Joseph Vijay, is committed to advancing the ~38,000 crore shipbuilding project with HD Hyundai in Thoothukudi, securing bipartisan support from the Opposition DMK, despite initial industry concerns about policy continuity after the change in leadership.

RBI Proposes AI Risk Management Framework

RBI Proposes AI Risk Management Framework

Rediff.com25 Jun 2026

Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.

EPF Scheme 2026: What's Changed for You?

EPF Scheme 2026: What's Changed for You?

Rediff.com3 Jul 2026

For members, the message is simple: don't be misled by headlines about '100% withdrawal'. The basic purpose of the EPF remains unchanged -- to help employees build a financial cushion for retirement while allowing limited access to savings for genuine needs during their working lives.

India is now world's largest market for Nestle's KitKat

India is now world's largest market for Nestle's KitKat

Rediff.com17 May 2026

India has emerged as the largest global market for Nestle's iconic KitKat chocolate-coated wafer bar, surpassing other nations due to strong consumer penetration, product innovation, and aggressive marketing investments.

Monsoon fury brings Mumbai-Pune to a standstill; 'Missing Link' reopens

Monsoon fury brings Mumbai-Pune to a standstill; 'Missing Link' reopens

Rediff.com7 Jul 2026

Heavy monsoon rains have severely impacted Mumbai and its surrounding areas, leading to landslides, suspension of train services, and at least 13 fatalities over the past few days. The Mumbai-Pune Expressway was also shut due to a concrete pillar collapse and waterlogging.

'Gulf War Has Been The Worst Crisis For Indians'

'Gulf War Has Been The Worst Crisis For Indians'

Rediff.com20 Jun 2026

'It will take a long time to recover from the impact of this war.'

'What Happened With Anthropic Is A Wake-Up Call'

'What Happened With Anthropic Is A Wake-Up Call'

Rediff.com24 Jun 2026

'It shows that access to these technologies cannot be taken for granted.'

Want To Study At A Foreign University In India?

Want To Study At A Foreign University In India?

Rediff.com7 May 2026

Foreign universities are unlikely to gain major ground in India's higher education market in the near term, as students and families continue to prioritise return on investment over brand value in a highly price-sensitive sector.

Expiry date display on ecom platforms is under consumer dept rules: Fssai

Expiry date display on ecom platforms is under consumer dept rules: Fssai

Rediff.com24 Jun 2026

The Food Safety and Standards Authority of India (FSSAI) has clarified that the display of expiry and 'best before' dates on packaged food products sold on e-commerce platforms is governed by the Legal Metrology (Packaged Commodities) Rules, 2011, which are administered by the Department of Consumer Affairs (DCA).

FSSAI issues notices to 8 food companies over misleading 'healthy' claims

FSSAI issues notices to 8 food companies over misleading 'healthy' claims

Rediff.com14 Jun 2026

The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food business operators, including Emami Healthy & Tasty and Plan B, for using misleading brand names, trade names, and product claims that violate the Food Safety and Standards Act, 2006.

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Rediff.com23 Jun 2026

Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.

Vijay govt appoints film producer as Delhi representative

Vijay govt appoints film producer as Delhi representative

Rediff.com27 Jun 2026

The Tamil Nadu government has appointed film producer K Venkata Narayana as the state's special representative to the government in New Delhi, evoking sharp criticism from the Bharatiya Janata Party and other opposition parties on Friday.

Sunil Rao To Lead Roblox's India Operations

Sunil Rao To Lead Roblox's India Operations

Rediff.com30 Apr 2026

Gaming company Roblox has appointed Sunil Rao, a former Amazon Web Services executive, as Managing Director for its India operations. Rao will oversee Roblox India's strategy, working with local teams and partners to strengthen the company's presence and support the creator ecosystem.

Who is cricket's Federer? Sanju Samson has an answer

Who is cricket's Federer? Sanju Samson has an answer

Rediff.com22 Jun 2026

India wicketkeeper-batter Sanju Samson drew parallels between cricket and tennis legends, comparing MS Dhoni to Roger Federer and Virat Kohli to Carlos Alcaraz. He also reflected on India's recent T20 World Cup victory, crediting the women's team for inspiring the men, and discussed the challenge posed by Australia. Former tennis player Rohan Bopanna shared his Wimbledon predictions and memories.

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

Rediff.com20 May 2026

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from an earlier 6.6 per cent, attributing the change to global uncertainties and economic shocks stemming from the ongoing West Asia crisis.

India's Biggest Petrol Price Hikes Over The Last 20 Years

India's Biggest Petrol Price Hikes Over The Last 20 Years

Rediff.com15 May 2026

Over the past two decades, India has witnessed several major petrol price hikes, driven by global crude oil fluctuations, economic crises, currency depreciation and geopolitical conflicts. How did we get from Rs 34 to over Rs 100 today

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

Rediff.com11 Jun 2026

Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.

How To Choose A Retail Algo

How To Choose A Retail Algo

Rediff.com23 Jun 2026

Algo strategies must be registered with stock exchanges.

UN Women warns AI amplifies gender bias, digital violence

UN Women warns AI amplifies gender bias, digital violence

Rediff.com24 Jun 2026

UN Women has issued a stark warning that the rapid advancement of artificial intelligence (AI) is placing women at a higher risk of discrimination and digital violence, citing studies that reveal significant gender bias in AI systems and large language models.

South India Industry Feels Absence of Bengal, Assam Workers

South India Industry Feels Absence of Bengal, Assam Workers

Rediff.com23 May 2026

South India's manufacturing, construction, and services sectors are grappling with severe labour shortages, prompting employers to offer attractive incentives like free air tickets and salary increments to lure migrant workers back from their home states after recent assembly elections.

Titan's expansion plans earn glittering outlook

Titan's expansion plans earn glittering outlook

Rediff.com6 Jun 2026

Titan Company's ambitious roadmap to achieve a 20 per cent revenue compound annual growth rate (CAGR) by financial year 2030 (FY30) has garnered a positive outlook from analysts, who highlight the company's strong brand, sourcing capabilities, and diversified portfolio as key strengths.

Want To Study At Melbourne University?

Want To Study At Melbourne University?

Rediff.com22 Jun 2026

'We're doing a lot of work around work-integrated learning, providing students with every opportunity to take at least part of their education as a practical work-based experience.'

India's AI Job Market Sees 20% Growth: Minister

India's AI Job Market Sees 20% Growth: Minister

Rediff.com11 May 2026

Union Minister Ashwini Vaishnaw highlights the growing demand for AI-related jobs in India and the transformation needed in the IT industry. He also mentions significant investments in data centres and subsea cable networks to boost digital infrastructure.

Want To Invest In Life Cycle Funds?

Want To Invest In Life Cycle Funds?

Rediff.com2 Jul 2026

Life cycle funds may suit people who are starting their investing journey. They may suit those who do not want to monitor their investments frequently. Busy professionals, beginners and delegators, who lack the time, information or interest to manage asset allocation actively, may find these funds useful.

Fexo's AI Engine Aims to Streamline Business Loan Decisions for Banks

Fexo's AI Engine Aims to Streamline Business Loan Decisions for Banks

Rediff.com12 Mar 2026

Fexo, an AI intelligence platform focused on the BFSI sector, has launched its AI decisioning engine for business loans, designed to help financial institutions accelerate AI adoption and improve decision-making processes.

Maharashtra TET 2026 exam postponed day before test over paper leak

Maharashtra TET 2026 exam postponed day before test over paper leak

Rediff.com27 Jun 2026

The Teacher Eligibility Test (TET) 2026 in Maharashtra has been postponed following a raid in Bhiwandi, Thane, where individuals were found with questions matching the actual exam paper. The Maharashtra State Council of Examination (MSCE) confirmed the breach and initiated a thorough investigation, registering a criminal case. The postponement aims to ensure transparency and allow law enforcement to probe the malpractice racket.

US Team Likely to Visit India in June for Crucial Trade Discussions

US Team Likely to Visit India in June for Crucial Trade Discussions

Rediff.com21 May 2026

Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.

Outward LRS slips 7.85% Y-o-Y to $2.28 bn in April

Outward LRS slips 7.85% Y-o-Y to $2.28 bn in April

Rediff.com23 Jun 2026

Outward remittances under the Reserve Bank of India's Liberalised Remittance Scheme (LRS) saw a 7.85 per cent year-on-year contraction in April 2026, primarily driven by reduced international travel spending due to global uncertainty stemming from the US-Iran conflict.

Indian Women's Hockey Team Eyes Undefeated Pool Run Against Uruguay

Indian Women's Hockey Team Eyes Undefeated Pool Run Against Uruguay

Rediff.com17 Jun 2026

The Indian women's hockey team, having already secured a semifinal spot in the FIH Nations Cup, is set to face lower-ranked Uruguay in their final pool match. India aims to maintain their undefeated record and bolster confidence, especially as winning this tournament is crucial for their return to the elite FIH Pro League after being relegated last season. Coach Sjoerd Marijne hopes for improved field goal conversions and may experiment with combinations ahead of the World Cup and Asian Games.

11 Epic Bicycle Rides Across India

11 Epic Bicycle Rides Across India

Rediff.com15 May 2026

Discover the only way to travel, where fun meets fitness!

Born with a diamond spoon: Lalit Modi defends luxury life

Born with a diamond spoon: Lalit Modi defends luxury life

Rediff.com4 Jun 2026

Former IPL Commissioner Lalit Modi, who claims that there is no wrongdoing by him in the legal cases faced by him in India, has said that he was born with "a diamond spoon", has a kingsize lifestyle, travels everywhere and that "Rs 10-12 crore" may not last with him a week.