News for 'Data Centre'

STT hike on Futures drags markets down; Sensex crashes 1,547 points

STT hike on Futures drags markets down; Sensex crashes 1,547 points

Rediff.com1 Feb 2026

Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.

'GST rate cuts are beginning to translate into higher consumption'

'GST rate cuts are beginning to translate into higher consumption'

Rediff.com6 Feb 2026

'Despite a challenging FMCG environment, ITC Foods has grown at or above the industry rate.'

Maha civic polls: 65 candidates win unopposed; BJP leads with 43

Maha civic polls: 65 candidates win unopposed; BJP leads with 43

Rediff.com16 Jan 2026

65 candidates from ten municipal corporations in Maharashtra were declared elected unopposed ahead of elections held on January 15, according to the State Election Commission (SEC). The BJP led with 43 unopposed candidates.

Middle East Crisis: The New Fog of War

Middle East Crisis: The New Fog of War

Rediff.com13 Mar 2026

When everyone has footage and no one can verify it, the loudest voice wins, notes Prem Panicker who begins a daily blog on the War in the Middle East.

'Worst Gulf Crisis For Migrants In 50 Years'

'Worst Gulf Crisis For Migrants In 50 Years'

Rediff.com6 Mar 2026

'In India, there is this first generation migrant, say from a small village in UP. He didn't go to the Gulf to buy a big house but make the life of his family better.' 'He may have paid 1 lakh rupees to an agent to go to the Gulf. Imagine what will happen to him and his family if he has to come back. He and his family will become poor again.' 'He went to the Gulf to come out of poverty, but this war will make his family trapped in poverty once again.'

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

Rediff.com10 Oct 2025

India's largest IT services firm Tata Consultancy Services (TCS) on Thursday reported a 1.39 per cent increase in consolidated net profit to Rs 12,075 crore in the July-September quarter of this financial year.

Telangana summit attracts Rs 1.88 trillion investment proposals

Telangana summit attracts Rs 1.88 trillion investment proposals

Rediff.com9 Dec 2025

Investment proposals for around Rs 1.88 trillion through 35 major agreements, spread across deep tech, green energy, and aerospace, were the hallmark moment of the first day of the two-day "Telangana Rising Global Summit", which started on Monday.

India Suffers While China, EU Buy Russian Oil

India Suffers While China, EU Buy Russian Oil

Rediff.com7 Jan 2026

India has gained the least since Russia invaded Ukraine in February 2022 and was penalised the most, while the US, China and the European Union emerged as the biggest beneficiaries from the war.

TVs may be costlier from January due to memory chips shortage, weak rupee

TVs may be costlier from January due to memory chips shortage, weak rupee

Rediff.com15 Dec 2025

Prices of televisions are expected to rise by 3-4 per cent from January next year on account of the rising cost of memory chips and depreciation of the rupee, which recently crossed the 90-to-a-dollar mark for the first time.

The Dilemma Of A Missing Workforce For Climate Action

The Dilemma Of A Missing Workforce For Climate Action

Rediff.com19 Dec 2025

This was perhaps a missed opportunity for India to spotlight a core domestic challenge: The scale of workforce preparation required for a young, populous, rapidly growing country seeking to reach net zero, points out Radha Roy Biswas.

PE inflow in Indian real estate drops 15% in Q2

PE inflow in Indian real estate drops 15% in Q2

Rediff.com11 Oct 2025

Private equity investments in Indian real estate dropped 15 per cent in July-September to USD 819 million amid global uncertainties, according to property consultant Anarock.

World Bank flags how India failed to rein in debt in several states

World Bank flags how India failed to rein in debt in several states

Rediff.com5 Feb 2026

India's state-level fiscal rules have improved headline deficits, but the gains are fragile and uneven with major states still grappling with high debt levels, a World Bank report submitted to the 16th Finance Commission (FC) said. According to the report, despite nearly two decades of adoption of fiscal responsibility laws (FRLs), debt levels have not converged.

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

Occultist promises 'dhanvarsha', poisons 3 to death

Occultist promises 'dhanvarsha', poisons 3 to death

Rediff.com11 Feb 2026

The police said Kamruddin convinced the three victims to perform a special "pooja" for 'dhanvarsha' and instructed them to arrange Rs 2 lakh in cash along with liquor and cold drinks for the ritual.

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Rediff.com16 Dec 2025

The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.

AI Cameras: RCB's Proposal To Keep IPL In Bengaluru

AI Cameras: RCB's Proposal To Keep IPL In Bengaluru

Rediff.com16 Jan 2026

IPL champions RCB have proposed the installation of 300-350 AI-enabled cameras at the venue and offered to bear the estimated cost of Rs 4.50 crore for this crowd management initiative.

ISRO Clears 200 Milestones, Gaganyaan Next

ISRO Clears 200 Milestones, Gaganyaan Next

Rediff.com24 Dec 2025

From a surge in startups to crewed mission preparations, 2025 marks a transformative year as India eyes $44 billion space economy by 2033.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

'Indian Army Has Free Hand To Deal With China'

'Indian Army Has Free Hand To Deal With China'

Rediff.com17 Feb 2026

'After the Galwan clash, the rules of engagement changed with the army commanders allowed to use any means at their disposal as they deem fit for tactical operations.'

Smallcap To Watch Out For In 2026

Smallcap To Watch Out For In 2026

Rediff.com4 Feb 2026

After two years of strong gains, smallcap stocks fell sharply in 2025, but the correction may be setting up opportunities for long-term investors.

Opposition welcomes SC stay on UGC equity regulations; targets BJP

Opposition welcomes SC stay on UGC equity regulations; targets BJP

Rediff.com29 Jan 2026

The Supreme Court's stay on the UGC equity regulations aimed at preventing caste-based discrimination on campuses has been met with mixed reactions. Opposition parties welcomed the decision, while some expressed concern over the implications for marginalized communities.

1 In 5 Airports Handle Just 2 Flights A Day

1 In 5 Airports Handle Just 2 Flights A Day

Rediff.com29 Dec 2025

Around one-fifth of 143 airports handling only domestic flights recorded an average of two or fewer aircraft movements a day between April and November 2025, according to data from the Airports Authority of India

Indian pharma to get stronger dose of EU mkt access

Indian pharma to get stronger dose of EU mkt access

Rediff.com5 Feb 2026

The European Union's (EU's) offer to slash tariffs on 97.5 per cent of Indian chemical exports to zero is set to give India's pharmaceutical and medical device firms preferential access to the European markets.

Two-wheeler Industry hits speed bump over ABS mandate

Two-wheeler Industry hits speed bump over ABS mandate

Rediff.com19 Jan 2026

India's two-wheeler industry is seen growing 6-9% in 2026, though a proposed ABS mandate for sub-125cc models could push up prices and temper volumes.

I-T dept to set up new data centre to check tax evasion

I-T dept to set up new data centre to check tax evasion

Rediff.com25 Apr 2014

The new office will have its base in the national capital.

Airtel to call for Rs 15,741 cr tranche of rights issue

Airtel to call for Rs 15,741 cr tranche of rights issue

Rediff.com19 Dec 2025

India's second-largest telecom service provider Bharti Airtel will call in March 2026 the final tranche of about Rs 15,741 crore from its 2021 rights issue of Rs 21,000 crore, proceeds from which will be used towards retiring majority of non-government-related debt.

Fiscal deficit slips to 0.8% of full-year target at May-end 2025: CGA data

Fiscal deficit slips to 0.8% of full-year target at May-end 2025: CGA data

Rediff.com30 Jun 2025

The central government's fiscal deficit fell to 0.8 per cent of the full-year target at the end of May, mainly due to a whopping Rs 2.69 lakh crore dividend received from the Reserve Bank of India. The fiscal deficit, or gap between the government's expenditure and revenue, had touched 11.9 per cent of the Budget Estimates (BE) for 2025-26 or Rs 1.86 lakh crore in April.

Listed companies' rent, lease expenses down since pandemic

Listed companies' rent, lease expenses down since pandemic

Rediff.com3 Jan 2026

Companies' rent and lease expenses have seen a significant decline relative to the money they make since the pandemic.

Chinese GPS tracker found on seagull near Karwar naval base

Chinese GPS tracker found on seagull near Karwar naval base

Rediff.com18 Dec 2025

Security agencies are investigating after a Chinese-made GPS tracking device was found attached to a seagull near a sensitive naval zone in Karwar, India. Preliminary findings suggest scientific research, but concerns remain due to the proximity of a strategic naval base.

What are NSE and BSE Options? Here's a Beginners Guide!

What are NSE and BSE Options? Here's a Beginners Guide!

Rediff.com13 Jan 2026

This guide will explain the options, what NSE and BSE options are and what differentiates them from each other.

India Tech Hiring Near 6-Year Low

India Tech Hiring Near 6-Year Low

Rediff.com3 Jan 2026

As of January 2026, the number of active job openings stood at 103,000, down 24 per cent from 136,000 in the same period last year.

How Much Money Will Jana Nayagan Make?

How Much Money Will Jana Nayagan Make?

Rediff.com14 Jan 2026

When it eventually releases, Jana Nayagan is expected to have an opening day collection close to -- or even above -- Rs 100 crore, largely because it is being promoted as Vijay's final movie before he focuses entirely on politics.

Why manufacturing sector's energy bills are at 20-year low

Why manufacturing sector's energy bills are at 20-year low

Rediff.com19 Sep 2025

High energy costs, long a drag on India's manufacturing competitiveness, are finally easing. Power and fuel expenses accounted for 1.98 per cent of net sales in 2024-25, the lowest level in data compiled by the Centre for Monitoring Indian Economy (CMIE) over the past two decades.

PSBs rework branch plan to pare costs

PSBs rework branch plan to pare costs

Rediff.com23 Dec 2025

In order to optimise branch efficiency, public sector banks (PSBs) are reworking their strategies to streamline operations and reduce cost amid changing customer behaviour. The strategies include closing or merging low traffic branches and reducing their size in smaller centres.

Three Key Priorities For Government!

Three Key Priorities For Government!

Rediff.com2 Feb 2026

While many areas compete for resources, defence, education, and adaptation deserve focus for maximum impact, suggests Laveesh Bhandari.

'Miya Vs Indigenous' Politics Reshaping Assam Poll

'Miya Vs Indigenous' Politics Reshaping Assam Poll

Rediff.com27 Jan 2026

'Once demographic fear becomes campaign language, it legitimises social targeting.'

Mobile tariff design skewed in India; rich paying less: Airtel MD

Mobile tariff design skewed in India; rich paying less: Airtel MD

Rediff.com6 Aug 2025

Bharti Airtel sees opportunity in raising tariff for data services as it feels that rich are paying less and poor are not required to pay anymore, a senior official of the company said. During the company's earnings call for the first quarter of the current fiscal, Bharti Airtel vice-chairman and MD Gopal Vittal said that the company has written to the government for a relief on adjusted gross revenue and has demanded that it should be given benefit at par with other telecom operator, without naming Vodafone Idea.

India's household debt rises to 41.3% of GDP, above 5-yr avg

India's household debt rises to 41.3% of GDP, above 5-yr avg

Rediff.com1 Jan 2026

India's household debt climbed to 41.3 per cent of gross domestic product (GDP) at the end of March 2025, marking a sustained rise from its five-year average of 38.3 per cent, with consumption-related loans accounting for bulk of the borrowings, the Reserve Bank of India (RBI) said in its Financial Stability Report.

Darjeeling tea output may have hit a new low in 2025

Darjeeling tea output may have hit a new low in 2025

Rediff.com12 Jan 2026

The famed Darjeeling tea may have slip to a new production low in 2025, as changing weather patterns, a shortage of pluckers and mounting economic stress weigh on the region's gardens.

India Has 73 Unicorns; RMGs Knocked Out

India Has 73 Unicorns; RMGs Knocked Out

Rediff.com19 Sep 2025

RMG firms Dream11, Games24x7, Gameskraft and MPL lost unicorn status after the gaming ban while fintech players led 11 new unicorns added in 2025.