News for 'Business Standard'

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

Rediff.com15 Jul 2026

The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.

10 AI Careers For Fresh Graduates

10 AI Careers For Fresh Graduates

Rediff.com15 Jul 2026

Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

Rediff.com13 May 2026

NITI Aayog Member Rajiv Gauba has detailed an extensive deregulation agenda, moving India towards a 'permitted unless prohibited' principle to dismantle new forms of the Licence Raj and clear 'regulatory cholesterol' for businesses.

Carmakers seek govt help to trace old vehicles for recycling

Carmakers seek govt help to trace old vehicles for recycling

Rediff.com17 Jun 2026

Automobile manufacturers have informed NITI Aayog that they face significant challenges in tracing 20-25-year-old vehicles due to multiple ownership changes, hindering their ability to meet Extended Producer Responsibility (EPR) targets for end-of-life vehicles (ELVs). They are seeking government support, including access to updated Vahan registration records, to locate these vehicles and encourage owners to use authorised scrapping centres.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

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.

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.'

June Is A Cruel Month For Airlines, Airports

June Is A Cruel Month For Airlines, Airports

Rediff.com2 Jun 2026

Airlines are cutting not only international services but also domestic flights, especially on routes projected to remain unprofitable in the coming weeks due to weak demand and high fares.

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Rediff.com16 Jun 2026

Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.

Subrata Paul Highlights Goalkeepers' Pivotal Role In World Cup Success

Subrata Paul Highlights Goalkeepers' Pivotal Role In World Cup Success

Rediff.com11 Jul 2026

Former India captain Subrata Paul asserts that goalkeepers were instrumental in the success of teams at the recent FIFA World Cup, often outshining attacking players. He highlights specific goalkeepers like Vozinha, Unai Simon, Emiliano Martinez, and Thibaut Courtois for their exceptional performances and discusses the evolving role of modern goalkeepers in tactical play.

The Retirement Crisis Nobody Talks About

The Retirement Crisis Nobody Talks About

Rediff.com10 Jul 2026

Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.

The Doors That Never Opened

The Doors That Never Opened

Rediff.com14 Jul 2026

Some doors, it turns out, you can knock on for years and they still won't tell you what's really behind them.

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com15 Jul 2026

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

Why Cashless Claims Get Denied

Why Cashless Claims Get Denied

Rediff.com15 Jul 2026

If reimbursement becomes unavoidable, submit a complete file at the earliest.

'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.'

Odisha Textbooks Found With 1,678 Errors

Odisha Textbooks Found With 1,678 Errors

Rediff.com16 Jul 2026

How did hundreds of errors slip through multiple stages of drafting, editing, proofreading, expert review and final approval before making their way into classrooms?

JSW Motors to roll out 15 new-energy vehicles in India by 2027, targeting premium segment

JSW Motors to roll out 15 new-energy vehicles in India by 2027, targeting premium segment

Rediff.com12 Jun 2026

JSW Motors, part of the JSW group, is set to enter India's passenger vehicle market with plans to launch 15 new-energy vehicles (NEVs) over the next four years, with deliveries commencing from December 2026.

'Removed 1.6L India accounts': Meta details crackdown on child abuse content

'Removed 1.6L India accounts': Meta details crackdown on child abuse content

Rediff.com8 Jul 2026

Meta on Tuesday published a detailed blog outlining its efforts to combat child sexual abuse material across its apps, citing AI-powered detection, ad review systems and large-scale enforcement actions, days after the government issued a notice to the social media giant over reports of Instagram advertisements promoting such content.

Why Are Helmet Prices Rising Across India?

Why Are Helmet Prices Rising Across India?

Rediff.com10 Jun 2026

The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.

Flex fuel to be sold at 5,000 outlets by end of next year

Flex fuel to be sold at 5,000 outlets by end of next year

Rediff.com5 Jun 2026

Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com27 Jun 2026

India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Rediff.com4 Jul 2026

'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'

'Too early to assess impact of gold curbs'

'Too early to assess impact of gold curbs'

Rediff.com27 May 2026

Titan will continue investments, even as it notes it is too early to assess how customer sentiment and store footfalls will be impacted by the Prime Minister's appeal to reduce gold consumption and the recent hike in import duty.

GST Returns May Lose Edit Option

GST Returns May Lose Edit Option

Rediff.com22 May 2026

Businesses may eventually have to file returns largely based on invoices uploaded by suppliers, with limited scope for manual changes.

India's Defence Output Hits New High

India's Defence Output Hits New High

Rediff.com18 Jun 2026

'The share of the private sector is at its all-time high of around Rs 42,000 crore in FY26, reflecting its expanding role in the defence ecosystem.'

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Hero to roll out flex-fuel versions of motorcycles, but concerns remain

Rediff.com4 Jun 2026

Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".

Maruti Launches RD-Backed Car Loan

Maruti Launches RD-Backed Car Loan

Rediff.com6 Jun 2026

The scheme, called 'Suhana Safar', targeted customers who aspire to own a car but were hesitant because of concerns around arranging the down payment or managing future EMI obligations.

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

Rediff.com25 Jun 2026

Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.

India Inc payout to shareholders grows slower than profit for third straight year

India Inc payout to shareholders grows slower than profit for third straight year

Rediff.com17 Jun 2026

Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Rediff.com23 May 2026

'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Rediff.com19 Jun 2026

Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.

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.

Fintechs Seek Safe Harbour Shield

Fintechs Seek Safe Harbour Shield

Rediff.com5 Jun 2026

'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'

RBI introduces new business correspondent norms to expand banking access

RBI introduces new business correspondent norms to expand banking access

Rediff.com7 Apr 2026

The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.

RBI Targets Mule Accounts With AI

RBI Targets Mule Accounts With AI

Rediff.com5 Jun 2026

While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.

GST @ 10: Focus Shifts To AI-Led Compliance, Faster Refunds, Simpler Tax

GST @ 10: Focus Shifts To AI-Led Compliance, Faster Refunds, Simpler Tax

Rediff.com28 Jun 2026

As India marks a decade of the Goods and Services Tax (GST), the focus is shifting towards enhancing efficiency through artificial intelligence, data sharing, and process simplification. The reform, which unified India's indirect tax system, has significantly broadened the tax base and boosted revenues, with future plans including a streamlined two-tier rate structure and continued technological integration to reduce compliance costs and combat evasion.

Reliance Retail to build manufacturing, export platforms for next phase of growth: Mukesh Ambani

Reliance Retail to build manufacturing, export platforms for next phase of growth: Mukesh Ambani

Rediff.com19 Jun 2026

Reliance Industries Ltd (RIL) is preparing for its next phase of growth by establishing advanced manufacturing and export platforms to strengthen its consumer products ecosystem and expand its global footprint, Chairman and MD Mukesh Ambani announced.