News for 'Business Standard'

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

Rediff.com7 Feb 2026

'In the last one year, we have added more than Rs 1.7 trillion, and we are on track.'

Tata Trusts Back Chandra's Third Term

Tata Trusts Back Chandra's Third Term

Rediff.com2 days ago

The government is closely watching the fast-paced developments at the salt-to-semiconductor conglomerate.

India must use current geopolitical churn to build manufacturing scale at home: Amitabh Kant

India must use current geopolitical churn to build manufacturing scale at home: Amitabh Kant

Rediff.com26 Feb 2026

India should resist knee-jerk responses to tariff volatility in the US and instead use the current geopolitical churn to build manufacturing scale at home, former G20 Sherpa and former chief executive officer of NITI Aayog Amitabh Kant said on Wednesday.

India Targets 200,000 Foreign Students by 2030

India Targets 200,000 Foreign Students by 2030

Rediff.com20 hours ago

The government has intensified its Study in India programme and is working closely with universities and states to achieve this goal.

India Faces Russian Oil Squeeze After US Deal

India Faces Russian Oil Squeeze After US Deal

Rediff.com12 Feb 2026

Replacing over a third of India's oil imports at competitive rates is going to be a challenge, said traders from State refiners, even though some progress was made in the last two months.

Ghatak Combat Drone Gets A Boost

Ghatak Combat Drone Gets A Boost

Rediff.com5 days ago

Once operational, Ghatak could undertake deep-strike missions, penetrating heavily defended airspace to hit high-value targets without placing pilots at risk.

Norms on investments from China can be eased in calibrated way: Goyal

Norms on investments from China can be eased in calibrated way: Goyal

Rediff.com25 Feb 2026

India may adopt a "calibrated" and a "step-by-step" approach to easing norms on investments originating from China, Union Commerce and Industry Minister Piyush Goyal said on Tuesday. He was in a conversation with A K Bhattacharya on Day 1 of Business Standard's two-day annual event, Manthan 2026. The minister said foreign direct investment (FDI) from China was certainly not "banned", but it goes through an approval process. "The government's approach at the moment is to accelerate the approval process."

Agricultural shift from subsidies to sustainability may be the way ahead

Agricultural shift from subsidies to sustainability may be the way ahead

Rediff.com26 Feb 2026

India is already a heavyweight in global farm trade in pockets such as rice exports, but experts are urging a pivot from a subsidy- and procurement-driven mindset to a productivity and nutrition strategy that still shields farmers from volatility.

AI-Skilled Graduates Make Up 60% Of TCS Fresher Hiring

AI-Skilled Graduates Make Up 60% Of TCS Fresher Hiring

Rediff.com2 Mar 2026

'A prime hire can have a salary as high as Rs 11 lakh at the entry level and above.'

Arjun Rao, general partner at Speciale Invest: 'India Must Play to Its AI Strengths'

Arjun Rao, general partner at Speciale Invest: 'India Must Play to Its AI Strengths'

Rediff.com18 hours ago

'There are certain sovereign AI domains where we must build capabilities using our own data, our own language models, and make our own attempts at global models.'

Shekhar Kapur: 'Movie Stars Will Be AI Created'

Shekhar Kapur: 'Movie Stars Will Be AI Created'

Rediff.com26 Feb 2026

'Storytelling will never change.' 'As long as storytelling can be unpredictable... AI cannot tell you an unpredictable story.'

US Commerce Secretary's Surprise Delhi Visit

US Commerce Secretary's Surprise Delhi Visit

Rediff.com27 Feb 2026

'Engaged in very fruitful discussions to expand our trade and economic partnership.'

India Will Continue To Buy Russian Oil

India Will Continue To Buy Russian Oil

Rediff.com6 Feb 2026

'No one can or will bar India from pursuing its energy goals as it wishes.' 'The US FTA wording may sound more restrictive, but the underlying reality will not undermine India's sovereign energy decisions.'

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com25 Feb 2026

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com25 Feb 2026

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

IPO Listing Gains Hit 7-Year Low

IPO Listing Gains Hit 7-Year Low

Rediff.com2 Mar 2026

Share of IPOs opening above issue price drops to 64.6%, median gains shrink sharply amid market volatility.

Boost For IAF: Free Hand On Weapons For 114 Rafales

Boost For IAF: Free Hand On Weapons For 114 Rafales

Rediff.com16 Feb 2026

'The additional Rafales will be from a vastly improved version compared to the 36 acquired for the IAF under the 2016 deal.'

Meta Flags DPDP Compliance Timeline Concerns

Meta Flags DPDP Compliance Timeline Concerns

Rediff.com7 days ago

'We do have some concerns with the timeline being shortened from 18 to 12 months.'

India 'well stocked' with crude oil to meet supply disruptions: Puri

India 'well stocked' with crude oil to meet supply disruptions: Puri

Rediff.com7 days ago

India is well-stocked with inventories of crude oil and key petroleum products, including petrol, diesel, and aviation turbine fuel (ATF), to deal with short-term disruptions as the war intensifies in West Asia, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday.

AI ecosystem opaque, needs accountability: CCI chairperson

AI ecosystem opaque, needs accountability: CCI chairperson

Rediff.com26 Feb 2026

The artificial intelligence (AI) ecosystem is opaque and needs to be made transparent and accountable, said Competition Commission of India's (CCI) Chairperson Ravneet Kaur at the Business Standard Manthan Summit on Wednesday.

Reliance gets US licence to directly buy Venezuela oil

Reliance gets US licence to directly buy Venezuela oil

Rediff.com14 Feb 2026

Private-sector oil refiner Reliance Industries Limited (RIL) last week received a general licence from the United States (US) government to buy Venezuelan oil, an industry executive said.

Abbott Bets On Semaglutide Boom

Abbott Bets On Semaglutide Boom

Rediff.com28 Feb 2026

Abbott will exclusively distribute and market Extensior in the country, becoming the second company to secure sole distribution rights for Novo's semaglutide portfolio in India, after Emcure Pharma.

AI Democracy Needs India: OpenAI

AI Democracy Needs India: OpenAI

Rediff.com20 Feb 2026

'This is a technology that will particularly benefit those who want to take agency over it'.

'India Is A Reverse AI Trade Globally'

'India Is A Reverse AI Trade Globally'

Rediff.com25 Feb 2026

'The day that the market realises that they've overspent (on AI) and there's a sudden collapse in the capex, then India can start outperforming again.'

Multinational pharma cos, Indian drugmakers diverge to mutual gain: How win-win is it?

Multinational pharma cos, Indian drugmakers diverge to mutual gain: How win-win is it?

Rediff.com19 hours ago

For decades, multinational pharmaceutical companies and Indian drugmakers worked in ways that supported each other: MNCs brought innovation and brands, while Indian companies built scale through generics and cost efficiency. There was an important overlap - generic drugs - but this is shrinking fast. And the consequences are reshaping India's gigantic pharmaceutical market.

India's EV Transition On Right Track, But Miles To Go

India's EV Transition On Right Track, But Miles To Go

Rediff.com27 Feb 2026

Government schemes such as the PM E-Drive initiative, with allocations of around Rs 2,000 crore for charging points deployment, are helping accelerate rollout

'With Double Deflation, We May Be Mixing Apples And Oranges In GDP'

'With Double Deflation, We May Be Mixing Apples And Oranges In GDP'

Rediff.com2 Mar 2026

'My concern is that, although everything is expressed in monetary terms, you are effectively combining values that have been adjusted using different price measures.'

AI startup Sarvam launches two made-in-India large language models

AI startup Sarvam launches two made-in-India large language models

Rediff.com19 Feb 2026

Indian artificial intelligence (AI) startup Sarvam launched two indigenous large language models (LLMs) specifically trained on Indian languages on Wednesday.

'Oil Could Cross $100 A Barrel'

'Oil Could Cross $100 A Barrel'

Rediff.com5 days ago

'Oil is still well below its all-time highs, and the world is gradually running out of known reserves.'

MCG pitch: Pietersen, Kartik question double standards

MCG pitch: Pietersen, Kartik question double standards

Rediff.com27 Dec 2025

The overwhelmingly bowler-friendly Melbourne pitch on which 20 wickets fell on Day 1 of the Boxing Day Test has prompted Kevin Pietersen and Dinesh Kartik to point out the selective criticism of Indian tracks when spinners get wickets in a heap.

Buying Online May Soon Be As Simple As Looking At Your Phone

Buying Online May Soon Be As Simple As Looking At Your Phone

Rediff.com25 Feb 2026

Mastercard and Visa are introducing passkeys that will allow users to authenticate card payments with face scans or fingerprints, eliminating the need for one-time passwords (OTPs).

Why ICE Still Rules India's Car Market

Why ICE Still Rules India's Car Market

Rediff.com27 Feb 2026

Indian car buyers care more about affordability than technology, keeping ICE vehicles dominant while hybrids emerge as the preferred transition option and EVs struggle in the mass market.

Vertex Group Invests Rs 100 Crore in Responsible AI Lab

Vertex Group Invests Rs 100 Crore in Responsible AI Lab

Rediff.com27 Feb 2026

Vertex Group has launched its 'Responsible AI Lab' with a Rs 100 crore investment in research and development, focusing on ethical, transparent, and accountable AI solutions for businesses.

Gurugram Dethrones Mumbai As India's Luxury Housing Capital

Gurugram Dethrones Mumbai As India's Luxury Housing Capital

Rediff.com24 Feb 2026

Gurugram has overtaken Mumbai to become India's biggest luxury housing market in 2025, recording 24,120 crore in sales of homes priced above 10 crore.

Cooling hub Sri City gets a Carrier legacy stamp

Cooling hub Sri City gets a Carrier legacy stamp

Rediff.com18 Feb 2026

Sri City in Andhra Pradesh is dubbed the "Cooling City" of India, accounting for nearly 40 per cent of the air conditioners (ACs) manufactured in the country. On Tuesday, this industrial hub added one more feather to its cooling credentials. Carrier Air Conditioning and Refrigeration Ltd, the Indian arm of the oldest AC company in the world, Carrier Global, signed a deal to invest around ~1,000 crore for a new manufacturing unit at Sri City.

US Tariff Uncertainty Pauses Trade Talks

US Tariff Uncertainty Pauses Trade Talks

Rediff.com23 Feb 2026

'The contours of the trade deal need to be reworked now.'

Public Cloud Service Drives Oracle India's Double-Digit Run

Public Cloud Service Drives Oracle India's Double-Digit Run

Rediff.com18 Feb 2026

'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'

CDSCO allows immediate lab testing of drugs to speed up approvals

CDSCO allows immediate lab testing of drugs to speed up approvals

Rediff.com27 Feb 2026

The Centre has allowed companies to begin lab testing immediately after filing applications instead of waiting for detailed scrutiny, in a move to expedite approvals for manufacture, or import of new drugs.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Berners-Lee Pushes Data Control For India

Berners-Lee Pushes Data Control For India

Rediff.com19 Jan 2026

'India is advanced in that everybody has an ID. But behind that (digital) ID (Aadhaar), you don't have a place where you can share information between each other,' says Tim Berners-Lee.