News for 'Financial Times'

Salesforce Sees India Leading Global Agentic AI Innovation

Salesforce Sees India Leading Global Agentic AI Innovation

Rediff.com3 days ago

Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.

Paytm CEO Foresees Increased Profitability From New UPI Charges

Paytm CEO Foresees Increased Profitability From New UPI Charges

Rediff.com6 days ago

Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.

Why Susmita Mukherjee Did 'C-Grade, Sexist Films': 'It Was A Bad Time'

Why Susmita Mukherjee Did 'C-Grade, Sexist Films': 'It Was A Bad Time'

Rediff.com7 Aug 2026

'It's a very disturbing thing to go back to my life and say, why did I act in such sexist, C-grade films, films derogatory to women. They were just bad films, bad choices. So I did, and did I sell my soul? Of course I sold my soul.'

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

Rediff.com18 Jul 2026

...and 3 lakh for harassment.

BRICS Summit: India's Dollar Dilemma

BRICS Summit: India's Dollar Dilemma

Rediff.com12 Sep 2026

The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Rediff.com15 Sep 2026

Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.

Buying A Used Car On Loan? Know The Cost

Buying A Used Car On Loan? Know The Cost

Rediff.com15 Sep 2026

Used-car financing has seen significant growth, but borrowers must be aware of higher interest rates, conservative loan-to-value ratios, shorter tenures, and the risk of owing more than the car's depreciated value. Understanding these factors is crucial for making informed decisions.

Police Uncover Decades-Long Abuse In Veeramani POCSO Case

Police Uncover Decades-Long Abuse In Veeramani POCSO Case

Rediff.com4 days ago

In a high-profile POCSO case, Chennai police have discovered more minor victims of sexual harassment allegedly by granite businessman R Veeramani, with investigators suspecting the abuse spans over two decades. Additional victims' statements have been recorded, and the case involves charges under POCSO, IT, and SC/ST Acts.

Why NCP (SP) Calls UPI MDR A 'Betrayal'

Why NCP (SP) Calls UPI MDR A 'Betrayal'

Rediff.com2 days ago

The NCP (SP) has demanded a complete rollback of the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. The party termed the move a "direct assault" on small traders and shopkeepers, accusing the Modi government of "double standards" by burdening small merchants while large industrialists benefit from loan write-offs.

Want to Study at Leiden University On A Scholarship?

Want to Study at Leiden University On A Scholarship?

Rediff.com15 Sep 2026

Selected applicants may receive a fee reduction of 10,000 to 15,000 euros in tuition costs.

Crisis deepens in Pakistan cricket as Rizwan, Imam face inquiry over dressing-room leaks

Crisis deepens in Pakistan cricket as Rizwan, Imam face inquiry over dressing-room leaks

Rediff.com11 Sep 2026

Pakistan's National Cyber Crime Investigation Agency (NCCIA) has launched an inquiry into alleged dressing-room leaks involving senior players Mohammad Rizwan and Imam ul Haq. This follows a complaint from the Pakistan Cricket Board (PCB) amidst disciplinary issues during a Test tour of England. The players' phones have been handed over, and they have requested more time to respond to queries.

Police Uncover Decades Of Abuse In Veeramani POCSO Case

Police Uncover Decades Of Abuse In Veeramani POCSO Case

Rediff.com4 days ago

The Central Crime Branch in Chennai has uncovered evidence suggesting that granite businessman R Veeramani's alleged sexual harassment of minors may span over two decades, predating 2003. The investigation, which began with a 2019 video clip, has identified multiple survivors, leading to charges under the POCSO Act, IT Act, and SC/ST Act against Veeramani and two accomplices. The Child Welfare Committee is also monitoring the case for further action.

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Rediff.com7 days ago

India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.

Modern Marriage: 'We Don't Compete With Each Other'

Modern Marriage: 'We Don't Compete With Each Other'

Rediff.com7 days ago

'The biggest difference between our marriage and that of our parents' generation is not simply that times have changed. It is that modern marriages require two people to continuously understand, support and adapt to each other while navigating a much more demanding world,' says Rahul Kulkarni.

PhonePe Charts Ambitious Decade-Long Digital Progress Roadmap

PhonePe Charts Ambitious Decade-Long Digital Progress Roadmap

Rediff.com9 Sep 2026

PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.

After ISRO, Oppn red flags corporatisation of statistics body ISI

After ISRO, Oppn red flags corporatisation of statistics body ISI

Rediff.com9 Sep 2026

A government bill proposing to widen the remit of the Indian Statistical Institute (ISI) is facing scrutiny from Members of Parliament. Concerns have been raised that the Indian Statistical Institute Bill, 2026, could reduce the premier institute's autonomy. The bill, currently under examination by a Parliamentary Standing Committee on Finance, aims to incorporate ISI as a 'body corporate' to strengthen governance and promote academic excellence, but critics fear increased government control.

UK Boosts Maritime Ties With US Torpedo Test

UK Boosts Maritime Ties With US Torpedo Test

Rediff.com1 days ago

The UK has successfully test-fired a US torpedo from an undersea drone, marking a significant advancement in submarine technology for the AUKUS partners (UK, US, Australia). This development coincides with Prime Minister Andy Burnham's visit to the UN General Assembly, where he is discussing global challenges like AI, the Ukraine conflict, and West Asia security with international leaders, and announced the UK will host the G20 Leaders' Summit in Manchester next November.

10 CV Tips To Get Hired

10 CV Tips To Get Hired

Rediff.com5 days ago

Weak verbs and poor language can make even impressive achievements seem ordinary, points out Nayagam PP, a career coach and founder of EduJob360.

Queen Maxima Praises India's Digital Infrastructure For Financial Health

Queen Maxima Praises India's Digital Infrastructure For Financial Health

Rediff.com23 Jun 2026

Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.

Industry Leaders Advocate AI And Agility For Business Growth

Industry Leaders Advocate AI And Agility For Business Growth

Rediff.com1 days ago

Industry leaders at an AIMA panel discussion emphasised the need for businesses to quickly adapt to changing market conditions and invest in technologies like artificial intelligence to build resilience and achieve long-term growth. They highlighted the current era of uncertainty driven by geopolitical tensions, supply chain disruptions, and rapid regulatory changes, stressing that tactical responses are as crucial as long-term strategy.

What Is Driving India's Outreach To Neighbours?

What Is Driving India's Outreach To Neighbours?

Rediff.com8 hours ago

India has significantly increased its diplomatic engagements with Bhutan, Nepal, Bangladesh and the Maldives.

'Married For 15 Years, Now We Don't Have Sex'

'Married For 15 Years, Now We Don't Have Sex'

Rediff.com9 Sep 2026

rediffGURU Anu Krishna recommends being patient, and consulting with a professional to help rebuild intimacy and strengthen communication in the marriage.

'Hostile Takeover Of Tata Sons Would Be Extremely Difficult'

'Hostile Takeover Of Tata Sons Would Be Extremely Difficult'

Rediff.com7 hours ago

'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'

Tata Listing Battle Enters New Phase

Tata Listing Battle Enters New Phase

Rediff.com1 days ago

Within days of the RBI's letter to Tata Sons that its CIC deregistration application had been rejected, the regulator filed a caveat in the Bombay High Court so that it could be heard before any order is passed on the matter in case there's a petition challenging its listing directive.

Quimcy D'Souza narrowly misses medal, but puts Indian teqball on world stage

Quimcy D'Souza narrowly misses medal, but puts Indian teqball on world stage

Rediff.com3 days ago

Quimcy D'Souza, a self-funded and self-coached Indian teqball player, competed at the Asian Games with the aim of popularising the sport in India. Despite narrowly missing out on two bronze medals, D'Souza views her journey as a crucial first step towards establishing teqball in the country and inspiring more athletes.

How To Pick The Right Broker

How To Pick The Right Broker

Rediff.com15 Sep 2026

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

Probe Into Granite Baron POCSO Case Uncovers More Victims

Probe Into Granite Baron POCSO Case Uncovers More Victims

Rediff.com5 days ago

The ongoing police investigation into the POCSO case against granite baron R Veeramani has led to the identification of multiple survivors, many of whom were minors and from economically underprivileged backgrounds when allegedly assaulted. Charges under the SC/ST (Prevention of Atrocities) Act have been added, and Veeramani has been granted three days police custody for questioning within the prison due to his age and health.

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.

Why Is Colombo Still Biased Against Jaffna?

Why Is Colombo Still Biased Against Jaffna?

Rediff.com6 days ago

'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'

Natural Calamities Trigger Property Insurance Rate Spike, Discounts Cut

Natural Calamities Trigger Property Insurance Rate Spike, Discounts Cut

Rediff.com2 days ago

Property insurance premium rates are increasing by 25-30 per cent, primarily due to a reduction in discounts, following substantial claims from natural calamities like the Gujarat floods, which caused an estimated 5,000 crore in losses.

Anil Kapoor Vs Rohit Sharma: Who's More Entertaining?

Anil Kapoor Vs Rohit Sharma: Who's More Entertaining?

Rediff.com2 days ago

Hosts Anil Kapoor and Rohit Sharma bring their own brand of charm and humour to two new game shows that promise to make your weekends more entertaining, observes Divya Nair.

After weeks of lull, heavy rains lash Mumbai; IMD predicts more showers

After weeks of lull, heavy rains lash Mumbai; IMD predicts more showers

Rediff.com13 Sep 2026

Mumbai experienced heavy rainfall after a prolonged dry spell, leading to waterlogging in some areas. The India Meteorological Department has warned of intense showers, thunderstorms, and gusty winds, along with forecasts for high and low tides.

'Chandra Has Taken Right Professional Decision At the Right Time'

'Chandra Has Taken Right Professional Decision At the Right Time'

Rediff.com13 Aug 2026

While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.

Asian Games: Quimcy blows 1-set lead, still has bronze to chase

Asian Games: Quimcy blows 1-set lead, still has bronze to chase

Rediff.com4 days ago

Indian Teqball player Quimcy Dsouza lost her Asian Games women's singles semifinal to Indonesia's Sumaya in a gruelling three-game match. Despite a strong start, Dsouza, a former state-level footballer, was overcome by Sumaya's sepak takraw background. Dsouza will now compete in the bronze medal playoff, aiming for a podium finish in Teqball's debut at the Asian Games.

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Rediff.com13 Jul 2026

Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.

'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr

'Final chance': SC gives Rajpal Yadav 2 weeks to return Rs 2 cr

Rediff.com15 Sep 2026

The Supreme Court has given actor Rajpal Yadav a final two-week opportunity to present a concrete proposal for repaying an outstanding amount to a private firm, directing him to deposit Rs 2 crore with the apex court registry. This comes after a series of cheque bounce cases, with the Delhi High Court previously upholding his conviction and sentencing him to three months' imprisonment. The court noted Yadav's past conduct did not inspire confidence but granted a last chance.

Hockey India row deepens as Tirkey blocks key meeting

Hockey India row deepens as Tirkey blocks key meeting

Rediff.com7 days ago

Hockey India president Dilip Tirkey has denied sanctioning an emergent Executive Committee Meeting called by secretary Bhola Nath Singh, intensifying an internal power struggle. The dispute stems from a jersey colour change controversy and the secretary's attempt to address various issues, including the Hockey India League's future and upcoming elections, which Tirkey claims is beyond his authority to convene.

New York Tragedy: 2 Desi Students Run Over By Train

New York Tragedy: 2 Desi Students Run Over By Train

Rediff.com15 Sep 2026

Tragedy struck two New Jersey families with Rutgers University graduates Navam Kaul and Malaika Chitre, both 24, hit by a subway train in Manhattan.

Have Foreign Investors Lost Faith in India?

Have Foreign Investors Lost Faith in India?

Rediff.com1 days ago

Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.

FMCG firms to hold prices through festive season despite rising commodity costs

FMCG firms to hold prices through festive season despite rising commodity costs

Rediff.com2 days ago

Fast-moving consumer goods (FMCG) companies in India are committed to maintaining current prices through the festive season, despite facing increased commodity costs and geopolitical disruptions. This strategy aims to protect consumer demand and sustain volume growth, even as margins remain under pressure.