News for 'Data'

Oracle Layoffs: 'He worked through Holi and Diwali... then locked out'

Oracle Layoffs: 'He worked through Holi and Diwali... then locked out'

Rediff.com7 days ago

A LinkedIn post by Pooja Sahu, detailing her husband Sourabh's sudden layoff from Oracle after 12 years of dedicated service, including working through holidays and even from a hospital, has gone viral, capturing the emotional toll of the tech giant's latest job cuts.

HISTORIC! Isro places heaviest earth observation satellite into orbit

HISTORIC! Isro places heaviest earth observation satellite into orbit

Rediff.com4 Sep 2026

ISRO has successfully launched EOS-05, India's first geo-imaging satellite, into a precise sub-geosynchronous transfer orbit using a GSLV rocket. This 2,367 kg satellite, the heaviest ever carried by a GSLV, will provide real-time imagery for applications in agriculture and disaster management from an altitude of 36,000 km.

Gold futures fall for 7th day, drop to Rs 1.5 lakh/10g amid US-Iran tensions

Gold futures fall for 7th day, drop to Rs 1.5 lakh/10g amid US-Iran tensions

Rediff.com2 Sep 2026

Gold futures experienced their seventh consecutive daily decline, falling to Rs 1.5 lakh per 10 grams, driven by escalating military exchanges between the US and Iran which have pushed oil prices higher and intensified concerns over inflation and potential interest rate hikes.

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

Rediff.com7 days ago

The SIP culture has been rapidly growing in India among retail investors. As per AMFI data, monthly SIP contributions crossed 31,961 crore in July 2026, which is nearly a 10x jump from 3,122 crore recorded in April 2016.

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

Rediff.com7 days ago

The SIP culture has been rapidly growing in India among retail investors. As per AMFI data, monthly SIP contributions crossed 31,961 crore in July 2026, which is nearly a 10x jump from 3,122 crore recorded in April 2016.

Stock Markets Today: Sensex, Nifty Sink as Brent Breaches $108/barrel

Stock Markets Today: Sensex, Nifty Sink as Brent Breaches $108/barrel

Rediff.com11 Sep 2026

Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.

Amazon Now hits $1 billion annualised gross sales in India, eyes 100 cities by Diwali

Amazon Now hits $1 billion annualised gross sales in India, eyes 100 cities by Diwali

Rediff.com7 days ago

Amazon's ultra-fast delivery service, Amazon Now, has achieved $1 billion in annualised gross sales in India over the last three months, marking it as the fastest-growing e-commerce business in Amazon India's history, with orders doubling every quarter.

10 IPO Checks Before You Invest

10 IPO Checks Before You Invest

Rediff.com5 days ago

Dig into the prospectus. Use the prospectus to understand the business and its risks.

SENSATIONAL! Who In Delhi Stopped The GSLV Launch?

SENSATIONAL! Who In Delhi Stopped The GSLV Launch?

Rediff.com5 days ago

'An instruction came from somebody in Delhi saying, "don't go with the launch".'

Abhijit Dipke tenders his 'resignation' as 'Madhya Pradesh CM'

Abhijit Dipke tenders his 'resignation' as 'Madhya Pradesh CM'

Rediff.com13 Sep 2026

Abhijeet Dipke, founder of the Cockroach Janta Party, used a satirical "resignation" letter to criticise the Mohan Yadav government in Madhya Pradesh over the deaths of over 30 tribal children in Balaghat district. His letter, addressed to the Governor, highlighted failures in compensation, basic amenities like water and education, and tribal welfare, questioning the government's accountability. The issue has also drawn the attention of the Madhya Pradesh High Court, which sought responses from state departments regarding the alleged deaths due to infectious diseases and inadequate facilities.

How To Pick The Right Broker

How To Pick The Right Broker

Rediff.com7 days ago

Investors opening new brokerage accounts must choose a broker suited to their style.

ED Director Navin Orders Stepped-Up Action Against IBC Fraud And Police FIR Delays

ED Director Navin Orders Stepped-Up Action Against IBC Fraud And Police FIR Delays

Rediff.com6 days ago

The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.

RBI likely to hike rates by 50 bps as inflation breaches tolerance band

RBI likely to hike rates by 50 bps as inflation breaches tolerance band

Rediff.com6 days ago

Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.

How AI And Cloud Are Democratising Capabilities For Indian Businesses

How AI And Cloud Are Democratising Capabilities For Indian Businesses

Rediff.com7 Sep 2026

Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.

Mumbai mall crasher used ChatGPT to fake PMO ID, boost social status: Police

Mumbai mall crasher used ChatGPT to fake PMO ID, boost social status: Police

Rediff.com11 Sep 2026

Two men, Rohan Parikh and Dilip Kunde, were arrested after attempting to enter a Mumbai mall with a firearm and a fake PMO identity card. Parikh confessed to fabricating the PMO ID using ChatGPT to enhance his social standing, while Kunde, a former Army man, was acting as his bodyguard with a personal weapon. Both have been remanded to judicial custody.

India's 'Vayu UTtaM' System Revolutionises Drone Airspace Management

India's 'Vayu UTtaM' System Revolutionises Drone Airspace Management

Rediff.com14 Sep 2026

The Indian Air Force (IAF) demonstrated 'Vayu UTtaM', an indigenously developed multi-mode Unmanned Traffic Management (UTM) system, at 'Dronathon 2026' in Pokhran. This ground-based system is designed to manage drone operations in congested airspace and identify rogue drones, with applications extending to critical infrastructure, civil aviation, and public safety. The event also saw the release of the 'IAF UAS Roadmap' to guide indigenous innovation in unmanned systems.

New Study Links Long Covid, PTSD, And Other Conditions To Common Biological Pathways

New Study Links Long Covid, PTSD, And Other Conditions To Common Biological Pathways

Rediff.com3 Sep 2026

A new study has identified a shared biological process that could explain chronic exhaustion in conditions like long Covid, PTSD, rheumatoid arthritis, chronic fatigue syndrome, and multiple sclerosis. Researchers found that despite different triggers, these illnesses converge on common biological systems, including immune and metabolic regulation, leading to profound fatigue. The findings suggest a deeper connection between these seemingly disparate disorders at a network level, rather than at an individual gene level.

Understanding The New UPI Transaction Fees For Merchants

Understanding The New UPI Transaction Fees For Merchants

Rediff.com7 days ago

The Indian government has introduced a 0.4% transaction fee on Unified Payments Interface (UPI) payments exceeding Rs 2,000 for merchants, effective October 15, marking the end of nearly six years of free service. Person-to-person transfers and small-value transactions below Rs 2,000 remain free. The new Merchant Discount Rate (MDR) is capped at Rs 300 for transactions above Rs 75,000, with differentiated rates for essential sectors and investments, and safeguards to prevent costs from being passed to consumers.

'We Get 4 Threats From Terrorists Every Month'

'We Get 4 Threats From Terrorists Every Month'

Rediff.com4 days ago

'...in which our names are written with our phone numbers.'

India's UPI Transactions Soar In August, Nearing All-Time Peak

India's UPI Transactions Soar In August, Nearing All-Time Peak

Rediff.com1 Sep 2026

Unified Payments Interface (UPI) transactions in India reached Rs 29.8 lakh crore in August, approaching record levels. Volume also hit a new high of 24.51 billion transactions, driven by festive activities like Raksha Bandhan. The digital payment system continues its rapid growth, expanding its global presence to 11 countries, with further growth anticipated during the upcoming festive season and new use cases like credit on UPI.

Is koda-VW Finally Bring a Mass-Market EV to India?

Is koda-VW Finally Bring a Mass-Market EV to India?

Rediff.com7 days ago

koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.

OpenAI launches GPT-6 Astra, calls it 'world's most intelligent' AI model

OpenAI launches GPT-6 Astra, calls it 'world's most intelligent' AI model

Rediff.com4 Sep 2026

OpenAI has officially launched GPT-6 Astra, hailed as 'the world's most intelligent and aligned model,' designed to excel in computer browsing, software engineering, mathematics, and enterprise workflows, with immediate deployment for select organisations.

Fuel-efficiency tool for trucks may be ready by Dec, launch likely in Feb

Fuel-efficiency tool for trucks may be ready by Dec, launch likely in Feb

Rediff.com4 Sep 2026

India is set to launch Bharat Vecto, its first certification tool for assessing the fuel efficiency and CO2 emissions of medium and heavy commercial vehicles, by December, with a full launch targeted for the Bharat Mobility Global Expo in February 2027.

Govt Amends E-commerce Rules to Boost Transparency, Curb Manipulation

Govt Amends E-commerce Rules to Boost Transparency, Curb Manipulation

Rediff.com10 Sep 2026

The Indian government has amended its e-commerce rules to enhance price transparency, prevent manipulation of search results, mandate clear disclosure of sponsored listings, and combat 'dark patterns' to protect consumers.

'Rs 12 Lakh Crore Disappeared from India's GDP'

'Rs 12 Lakh Crore Disappeared from India's GDP'

Rediff.com4 Sep 2026

'The fundamental issue that I have raised, how come India's GDP in current prices went down from Rs 86 lakh crore down to Rs 80 lakh crore -- a staggering erasure of Rs 6 lakh crore. This disappearance of Rs 6 lakh crore has not been answered by anyone.'

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rediff.com7 Sep 2026

Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.

Nepal's Hindu Rashtra Debate

Nepal's Hindu Rashtra Debate

Rediff.com14 Sep 2026

Nepal's Hindu groups have sought an all-party discussion on restoring Hindu-nation status within three months.

Jawa, Yezdi Maker Targets 200,000 Capacity By December

Jawa, Yezdi Maker Targets 200,000 Capacity By December

Rediff.com10 Sep 2026

The company has also started scouting for land for a new plant, as it plans manufacturing capacity beyond its immediate volume requirements.

India's UPI Ecosystem Sees Record Growth In August

India's UPI Ecosystem Sees Record Growth In August

Rediff.com1 Sep 2026

India's Unified Payments Interface (UPI) recorded an unprecedented 24.51 billion transactions valued at Rs 29.8 lakh crore in August, largely propelled by the Raksha Bandhan festival. This surge marks a 22% annual increase in volume and 20% in value, highlighting the expanding reach and depth of the UPI ecosystem. Experts anticipate further growth during the upcoming festive season, while UPI's international acceptance now spans 11 countries.

Stock Markets Today: Sensex, Nifty dip on West Asia crisis, oil prices

Stock Markets Today: Sensex, Nifty dip on West Asia crisis, oil prices

Rediff.com8 Sep 2026

Indian benchmark indices, Sensex and Nifty, saw declines in early trade due to escalating crude oil prices and ongoing US-Iran hostilities, which subdued investor risk appetite.

US-Iran Talks, Crude Oil, Macro Data to Dictate Bullion Trend

US-Iran Talks, Crude Oil, Macro Data to Dictate Bullion Trend

Rediff.com21 Jun 2026

Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.

Sensex, Nifty decline as West Asia conflict, US rate hike concerns weigh on investor sentiment

Sensex, Nifty decline as West Asia conflict, US rate hike concerns weigh on investor sentiment

Rediff.com7 Sep 2026

Indian benchmark indices, Sensex and Nifty, closed lower on Monday due to elevated crude oil prices, escalating US-Iran hostilities, and concerns over a potential US interest rate hike, impacting investor sentiment.

GX Group Boosts Domestic Photonics Manufacturing

GX Group Boosts Domestic Photonics Manufacturing

Rediff.com23 Aug 2026

Broadband technology firm GX Group is set to commence manufacturing operations at its advanced photonics facility in India from December, investing Rs 500 crore. This initiative aims to strengthen domestic manufacturing, create skilled jobs, and reduce dependence on imported optical components crucial for high-speed data networks and AI data centres.

US India Space Partnership: A New Era Of Co-Creation

US India Space Partnership: A New Era Of Co-Creation

Rediff.com7 Sep 2026

US Ambassador to India, Sergio Gor, highlighted the evolving US-India space partnership, moving from cooperation to "co-creation" at the Bengaluru Space Expo. He emphasised joint design, funding, and co-authoring the future of human discovery, citing the NISAR satellite and India's participation in the Artemis Accords as key examples of this growing synergy.

Report Highlights Key Challenges For India's AI Growth

Report Highlights Key Challenges For India's AI Growth

Rediff.com19 Aug 2026

A report by policy think tank The Dialogue reveals that India's artificial intelligence (AI) ecosystem is primarily constrained by a shortage of skilled talent and a lack of data standardisation, rather than market concentration. The study, which surveyed 308 stakeholders, found that talent availability and data usability are major concerns, with a significant reliance on open-source AI models.

Why More Private Invits Are Shifting to Public Listings

Why More Private Invits Are Shifting to Public Listings

Rediff.com7 Sep 2026

At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).

Air India UK Traffic Slumps After Crash

Air India UK Traffic Slumps After Crash

Rediff.com8 Sep 2026

Passenger traffic Y-o-Y fell 26.8 per cent in April and 24.6 per cent in May, while capacity declined 9.6 per cent and 11.3 per cent, respectively.

Markets await clarity on Jio IPO plans, AI, data centre strategies

Markets await clarity on Jio IPO plans, AI, data centre strategies

Rediff.com18 Jun 2026

Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

Rediff.com7 days ago

The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.

Stock Markets Today: Sensex, Nifty Tumble as Crude Nears $100/barrel

Stock Markets Today: Sensex, Nifty Tumble as Crude Nears $100/barrel

Rediff.com9 Sep 2026

Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.