News for 'Digital Initiatives'

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com21 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.

Financial Crimes Decline Due To Agency Action: ED

Financial Crimes Decline Due To Agency Action: ED

Rediff.com1 May 2026

The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Rediff.com24 Apr 2026

Onestruction Inc and DataKaveri Systems have signed an MoU to establish a framework for strategic and technical collaboration in urban and built environment data exchange.

Why Hospitals Are Spending Money On IT

Why Hospitals Are Spending Money On IT

Rediff.com11 Sep 2025

60 per cent of hospitals are directing investments towards IT capability building, 50 per cent towards business intelligence tools and data lakes, and a significant share into AI-led use cases such as clinical documentation (72 per cent), decision support systems (64 per cent) and imaging (60 per cent).

TCS Nashik conversion case: Fadnavis vows to 'bust the module'

TCS Nashik conversion case: Fadnavis vows to 'bust the module'

Rediff.com17 Apr 2026

Maharashtra Chief Minister Devendra Fadnavis stated his government is confident of uncovering the module involved in the alleged sexual harassment and forcible religious conversion at a Tata Consultancy Services (TCS) unit in Nashik.

Geopolitical Shifts Position India as a Key Technology Partner

Geopolitical Shifts Position India as a Key Technology Partner

Rediff.com17 Mar 2026

Nasscom President Rajesh Nambiar highlights India's growing importance as a technology partner due to geopolitical uncertainties and the need for resilient supply chains.

Delhi Police Uncover Fake Call Centre Scam, Arrest 19

Delhi Police Uncover Fake Call Centre Scam, Arrest 19

Rediff.com8 Apr 2026

Delhi Police have dismantled a fraudulent call centre in Pitampura, arresting 19 individuals for allegedly defrauding people nationwide by posing as representatives of a finance company offering fake loans and insurance schemes.

Why Young Indians Skip Health Cover

Why Young Indians Skip Health Cover

Rediff.com14 May 2026

Young buyers often underestimate future health risks.

Banks On Alert Over AI Security Risks

Banks On Alert Over AI Security Risks

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model and its potential threat to financial systems' data security.

Banks On Alert As AI Model Threatens Data Security

Banks On Alert As AI Model Threatens Data Security

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.

Pakistani Meth Smuggling Attempt Foiled in Gujarat, Two Arrested

Pakistani Meth Smuggling Attempt Foiled in Gujarat, Two Arrested

Rediff.com7 Apr 2026

Two individuals have been arrested in Gujarat for possessing 5 kg of methamphetamine, valued at Rs 25 crore, suspected to have been smuggled from Pakistan. The arrests were made by a joint operation of the Gujarat and Rajasthan Anti-Terrorist Squads (ATS).

Kingpin Arrested in India for Trafficking Citizens to Myanmar Cyber Scam Operations

Kingpin Arrested in India for Trafficking Citizens to Myanmar Cyber Scam Operations

Rediff.com27 Mar 2026

The CBI has arrested an Indian national accused of trafficking citizens to cyber scam compounds in Myanmar, where they were forced to participate in cyber fraud.

Maha police busts India's biggest 'digital arrest' scam, 7 arrested

Maha police busts India's biggest 'digital arrest' scam, 7 arrested

Rediff.com17 Oct 2025

Mumbai police have arrested six individuals from Gujarat, dismantling an interstate cyber fraud gang involved in digital arrest scams, including one where a businessman was defrauded of Rs 58 crore.

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com8 May 2026

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

Demat a/c growth at 11-month low in March

Demat a/c growth at 11-month low in March

Rediff.com10 Apr 2026

New demat account additions in India reached an 11-month low in March, with only 2.15 million new accounts opened, significantly below the 12-month average. This slowdown is attributed to a sharp decline in equity markets, escalating West Asia tensions, and increased crude oil prices impacting India's economic outlook.

PSBs' staff count rises for 1st time in 5 years

PSBs' staff count rises for 1st time in 5 years

Rediff.com31 Dec 2025

Public sector banks' (PSBs') employee count grew for the first time in five years while private sector banks' staff strength saw a decline in 2024-25 (FY25), according to latest data released by the Reserve Bank of India (RBI). The employee count of state-owned lenders rose 0.22 per cent year-on-year (Y-o-Y) to 757,641 at the end of March 31, 2025 from 756,015 in FY24.

How BJP Secured a Foothold In Kerala

How BJP Secured a Foothold In Kerala

Rediff.com5 May 2026

The BJP has made significant gains in the Kerala Assembly elections, securing three seats and marking a potential breakthrough in a state where it has traditionally struggled.

'BJP seal' on affidavit: EC orders police action

'BJP seal' on affidavit: EC orders police action

Rediff.com24 Mar 2026

Kerala Police have initiated a crackdown on misleading election-related news circulating on social media platforms, following a controversy over an Election Commission letter bearing the BJP Kerala unit's seal.

Kerala becomes India's first fully digitally literate state: CM Vijayan

Kerala becomes India's first fully digitally literate state: CM Vijayan

Rediff.com22 Aug 2025

Kerala has become the first state in India to achieve complete digital literacy, according to Chief Minister Pinarayi Vijayan. Over 2.5 lakh volunteers contributed to this milestone, which included people of all age groups. The state plans to launch the second phase of the project soon, making all personal documents available in DigiLockers.

Govt body plans legal framework for AI companies

Govt body plans legal framework for AI companies

Rediff.com29 Apr 2026

India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.

JPMorgan downgrades Indian equities to 'neutral'

JPMorgan downgrades Indian equities to 'neutral'

Rediff.com25 Apr 2026

JPMorgan has downgraded Indian equities to 'neutral' from 'overweight', citing elevated valuations, rising earnings risks, and limited exposure to next-generation technology like AI. The brokerage believes other emerging markets offer more attractive risk/reward propositions despite India's strong structural growth story.

Supreme Court Appoints Mediator In Surat Siphoning Case

Supreme Court Appoints Mediator In Surat Siphoning Case

Rediff.com30 Apr 2026

The Supreme Court has appointed former Chief Justice of India Sanjiv Khanna as the sole mediator to resolve a dispute involving businessman Ashokbhai Haribhai Gajera and others in a case linked to textile market projects in Surat. The case involves allegations of siphoning off Rs 1,900 crore and forging documents.

Telangana Set to Surpass National Urbanisation Average by 2026

Telangana Set to Surpass National Urbanisation Average by 2026

Rediff.com21 Mar 2026

Telangana is experiencing rapid urbanisation, projected to exceed the national average by 2026. The state government's Socio Economic Outlook highlights the role of cities as economic engines and the use of AI and other technologies to modernise urban administration.

Official: Holistic Development, Grassroots Governance Key to India's Progress

Official: Holistic Development, Grassroots Governance Key to India's Progress

Rediff.com3 Mar 2026

Chief Secretary Atal Dulloo emphasises the importance of holistic development and grassroots governance for India's progress at a national conference in Jammu.

AI-Driven Productivity Gains Reshape Tech Hiring and Cause Job Insecurity

AI-Driven Productivity Gains Reshape Tech Hiring and Cause Job Insecurity

Rediff.com6 Apr 2026

TeamLease Digital CEO Neeti Sharma discusses how AI is driving a structural reset in the tech industry, leading to layoffs, reshaping hiring practices, and increasing job insecurity.

Kerala's KITE Launches 'Cyber Safety Protocol 2026' for Schools

Kerala's KITE Launches 'Cyber Safety Protocol 2026' for Schools

Rediff.com8 Mar 2026

Kerala Infrastructure and Technology for Education (KITE) has published the 'Cyber Safety Protocol 2026' to ensure a secure digital learning environment and robust cyber defences for students in Kerala's public school system.

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Rediff.com5 May 2026

Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.

CALM-Brain: India's First Psychiatric Data Repository Launched

CALM-Brain: India's First Psychiatric Data Repository Launched

Rediff.com25 Mar 2026

India has launched its first repository of data on major psychiatric disorders, CALM-Brain, in Bengaluru. This initiative aims to systematically document details of patients with mental illness to improve diagnosis and treatment.

Iranian supertanker bypasses US Navy blockade

Iranian supertanker bypasses US Navy blockade

Rediff.com3 May 2026

An Iranian tanker successfully bypassed the US Navy to deliver crude oil to the Asia-Pacific region, despite ongoing tensions and a US blockade.

Delhi Police Nab 82-Year-Old Man After 40 Years On The Run

Delhi Police Nab 82-Year-Old Man After 40 Years On The Run

Rediff.com23 Apr 2026

Delhi Police have arrested an 82-year-old man who had been on the run for nearly 40 years after allegedly murdering his wife in 1986. The accused was apprehended in Delhi after a renewed investigation.

NEET paper leak: CBI arrests 5; TN CM Vijay calls for abolishing test

NEET paper leak: CBI arrests 5; TN CM Vijay calls for abolishing test

Rediff.com14 May 2026

The CBI has arrested five individuals and conducted searches across India in connection with the NEET UG paper leak case. Protests have intensified, and calls for the Education Minister's resignation have grown louder. Political parties are trading blame, and the Supreme Court is considering a plea for an overhaul of the National Testing Agency.

Want A Credit Card? Read This

Want A Credit Card? Read This

Rediff.com6 May 2026

'First-time applicants may witness longer approval times or higher rejection rates and requests for more documentation.'

Holi Tragedy Unveiled: Teenager Allegedly Murders Friends in Nandgaon Pond

Holi Tragedy Unveiled: Teenager Allegedly Murders Friends in Nandgaon Pond

Rediff.com13 Mar 2026

A 17-year-old boy is accused of murdering two friends by pushing them into a pond during Lathmar Holi celebrations near Nandgaon. CCTV footage revealed the crime, contradicting the initial report of accidental drowning.

International Cyber Fraud Racket Busted in J&K: Seven Arrested

International Cyber Fraud Racket Busted in J&K: Seven Arrested

Rediff.com19 Mar 2026

The Jammu and Kashmir Police's Counter Intelligence Wing (CIK) has dismantled a sophisticated international cyber fraud racket, arresting seven individuals in Srinagar. The operation targeted victims in the USA, UK, and Canada, using advanced techniques to steal funds through deceptive online schemes.

FMCG firms weigh price hikes as input costs rise

FMCG firms weigh price hikes as input costs rise

Rediff.com6 Apr 2026

Fast-moving consumer goods (FMCG) companies are closely monitoring crude oil prices and considering low single-digit price increases, while consumer durables firms have already begun passing on significant price hikes to consumers due to rising input costs exacerbated by the West Asia conflict.

Keralam dental student's suicide sparks storm, college faculty under fire

Keralam dental student's suicide sparks storm, college faculty under fire

Rediff.com12 Apr 2026

Police in Kannur, Kerala, are investigating Kannur Dental College faculty after a first-year student died in a suspected suicide, with allegations of emotional harassment and discrimination.

23 lakh voters in limbo as Bengal sees massive rush to tribunals

23 lakh voters in limbo as Bengal sees massive rush to tribunals

Rediff.com6 Apr 2026

Thousands of West Bengal residents whose names were deleted from electoral rolls are awaiting decisions from tribunals, the final recourse after initial appeals were rejected. The fate of around 2.3 million people hinges on these adjudications, raising concerns about voting rights and citizenship.

Hyundai Returns As ICC Partner Till 2027

Hyundai Returns As ICC Partner Till 2027

Rediff.com24 Dec 2025

The partnership strengthens HMC's presence in global cricket, marking its return to the sport after its earlier association with the ICC between 2011 and 2015.

Kerala Offers Congress Golden Chance; Will It Deliver?

Kerala Offers Congress Golden Chance; Will It Deliver?

Rediff.com8 May 2026

Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.

Nashik TCS case: 'He said women not wearing burqas are raped'

Nashik TCS case: 'He said women not wearing burqas are raped'

Rediff.com20 Apr 2026

A woman engineer at Tata Consultancy Services (TCS) in Nashik has alleged harassment and religious coercion, including derogatory slurs and inappropriate touching. Police have arrested eight people and are searching for another accused. TCS has launched an internal probe and suspended employees allegedly involved.