News for 'Financial Times'

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com14 Aug 2026

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com14 Aug 2026

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.

FIH Women's Hockey World Cup: India crush South Africa, stay in Round 2 hunt

FIH Women's Hockey World Cup: India crush South Africa, stay in Round 2 hunt

Rediff.com18 Aug 2026

India's women's hockey team delivered a dominant performance, defeating South Africa 6-1 in their second Pool D match of the FIH Women's Hockey World Cup. Six different players scored for India, with a prolific third quarter sealing the rout. This emphatic win significantly strengthens India's chances of advancing, placing them atop Pool D on goal difference ahead of their crucial final pool match against England.

Why a Flat SIP Might Leave You Poorer Than You Think

Why a Flat SIP Might Leave You Poorer Than You Think

Rediff.com16 Jul 2026

You should look beyond a flat SIP, ensuring that your investments grow along with your income, expenses, and financial aspirations.

SC quashes criminal cases against Samay Raina, 4 other comedians for disability remarks

SC quashes criminal cases against Samay Raina, 4 other comedians for disability remarks

Rediff.com14 Aug 2026

The Supreme Court of India has quashed criminal proceedings against comedian Samay Raina and four others who faced charges for remarks about people with disabilities. The court lauded their subsequent efforts in organising events and raising awareness for specially-abled persons and those with rare diseases like Spinal Muscular Atrophy (SMA).

Australia meet Bangladesh in rare home winter Tests

Australia meet Bangladesh in rare home winter Tests

Rediff.com12 Aug 2026

Australia is set to host Bangladesh in a two-match Test series in the country's tropical north, marking the first time since 2003.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com3 Aug 2026

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

Olympic Gold Medallist Arshad Nadeem Explains Glasgow Performance

Olympic Gold Medallist Arshad Nadeem Explains Glasgow Performance

Rediff.com6 Aug 2026

Pakistan's Olympic gold medallist javelin thrower Arshad Nadeem has responded to social media criticism following his disappointing ninth-place finish at the recent Commonwealth Games in Glasgow. Nadeem attributed his poor performance to the extremely cold weather, which stiffened his muscles and hindered his throws. He emphasised his commitment to his country and his grounded nature, expressing confidence in his ability to return to winning form at the upcoming Athletissima event.

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

Indian Chess Federation Unveils Landmark Stipend Programme For Young Players

Indian Chess Federation Unveils Landmark Stipend Programme For Young Players

Rediff.com20 Jul 2026

The All India Chess Federation (AICF) has disbursed Rs 42.3 lakh in quarterly stipends to 42 promising young chess players across India. This first-of-its-kind initiative aims to alleviate financial burdens, support coaching and travel, and nurture future champions, aligning with a vision to strengthen grassroots chess development.

Vijay's 'gift' leaves MLA singing his praises in assembly

Vijay's 'gift' leaves MLA singing his praises in assembly

Rediff.com19 Aug 2026

Tamil Nadu Chief Minister C Joseph Vijay announced official vehicles and a monthly allowance for MLAs to address public grievances and monitor government projects in their constituencies. This initiative aims to reduce financial burden, improve transparency, and ensure grassroots service delivery.

Karnataka Launches Tathyakosh.in To Centralise India's Public Data

Karnataka Launches Tathyakosh.in To Centralise India's Public Data

Rediff.com12 Aug 2026

The ACSEL Technology Forum, a Karnataka government Centre of Excellence in AI, has launched Tathyakosh.in, a digital public good designed to make India's extensive public data more accessible. This platform consolidates over 1.5 million datasets from 458 sources, addressing the challenge of fragmented data discovery across various government and research portals. It aims to benefit researchers, startups, and technology teams in sectors like healthcare, agriculture, and financial inclusion by providing a structured and discoverable data infrastructure.

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Rediff.com7 Aug 2026

The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.

'I will find a way to vanish': CBI chargesheet reveals Twisha's final messages

'I will find a way to vanish': CBI chargesheet reveals Twisha's final messages

Rediff.com18 Aug 2026

The CBI has filed a chargesheet against the husband and mother-in-law of former model and actor Twisha Sharma, accusing them of mental cruelty that led to her suicide. The chargesheet relies heavily on text messages sent by Sharma, detailing her suffocation and distress, and awaits crucial forensic reports from her iPhone and other digital evidence.

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

Rediff.com23 Jul 2026

Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.

AI Yoga Coach Can Correct Yoga Postures In Real Time

AI Yoga Coach Can Correct Yoga Postures In Real Time

Rediff.com2 Jun 2026

A technology institute in Indore has developed an 'AI Yoga Coach' that can distinguish between correct and incorrect yoga postures and provide real-time guidance to practitioners.

India Named in US China Transshipment Network

India Named in US China Transshipment Network

Rediff.com15 Aug 2026

'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'

Mahima Makwana: 'My Life Depends On This. I Don't Have Another Option'

Mahima Makwana: 'My Life Depends On This. I Don't Have Another Option'

Rediff.com18 Aug 2026

'There are days where I feel things are not going my way. I feel helpless, dejected and rejected.' 'But then what do you do? You wake up, dust it off and go.'

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com7 Aug 2026

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

Is India Ready For Digital NEET?

Is India Ready For Digital NEET?

Rediff.com18 Aug 2026

Computer-based testing can make the examination more secure and transparent. Ensuring equal opportunities to prepare will make it fair as well. India needs both, suggests Dibyasree Ganguly.

Maha cabbies to get Marathi lessons before action: Govt

Maha cabbies to get Marathi lessons before action: Govt

Rediff.com18 Aug 2026

Maharashtra Transport Minister Pratap Sarnaik announced that autorickshaw and taxi drivers will be given an opportunity to learn Marathi before any action is taken against them for non-compliance with the language requirement. This move softens the state's earlier stance, which had evoked mixed reactions and concerns about livelihoods.

From Track Injury to Asian Games: Kamaljeet's Inspiring Shooting Journey

From Track Injury to Asian Games: Kamaljeet's Inspiring Shooting Journey

Rediff.com8 Aug 2026

Rewari's Kamaljeet, a 22-year-old pistol shooter, is set to represent India at the 20th Asian Games in Aichi-Nagoya, Japan, after an injury ended his athletics dream and he transitioned to shooting in 2019, overcoming financial struggles with strong family and institutional support.

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Rediff.com23 Jul 2026

Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.

From domestic abuse to CWG gold: Sharmila Dhankar's rise

From domestic abuse to CWG gold: Sharmila Dhankar's rise

Rediff.com28 Jul 2026

Sharmila Dhankar, a polio-afflicted survivor of domestic abuse, clinched a gold medal in the women's F57 seated shot put at the Commonwealth Games, marking a triumph of resilience and athletic prowess.

How CII-IWN Is Empowering Women Through Practical AI Skills

How CII-IWN Is Empowering Women Through Practical AI Skills

Rediff.com9 Aug 2026

The Confederation of Indian Industry-Indian Women Network (CII-IWN) organised a hands-on Artificial Intelligence (AI) workshop in Chandigarh for women entrepreneurs and professionals. The session focused on practical applications of AI, including generative AI and LLMs, to address business challenges and enhance productivity across various functions like marketing, content creation, and data analysis.

Cricket Scotland, Dutch Cricket Association slam ICC over 2027 World Cup format changes

Cricket Scotland, Dutch Cricket Association slam ICC over 2027 World Cup format changes

Rediff.com10 Aug 2026

Cricket Scotland and the Royal Dutch Cricket Association have strongly criticised the International Cricket Council's decision to implement significant structural changes to the 2027 ODI World Cup qualification pathway and tournament format, stating it 'risk weakening the integrity and credibility of international cricket'.

'The Next Chairman Does Not Need To Build Tata'

'The Next Chairman Does Not Need To Build Tata'

Rediff.com14 Aug 2026

'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'

Startups Bet Big on Quick Commerce

Startups Bet Big on Quick Commerce

Rediff.com13 Aug 2026

For these startups, qcom is emerging as a launch and discovery platform, not simply a fulfilment channel.

NCP Leader's Sister Under Scrutiny in Godman's Financial Irregularities Case

NCP Leader's Sister Under Scrutiny in Godman's Financial Irregularities Case

Rediff.com13 Apr 2026

The sister of NCP leader Rupali Chakankar is being questioned in connection with the alleged use of her bank account by arrested self-styled godman Ashok Kharat, who is accused of financial irregularities and land grabbing.

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.

Indian-origin CFO gets jail term for bribing surgeons in US

Indian-origin CFO gets jail term for bribing surgeons in US

Rediff.com11 Aug 2026

An Indian-origin chief financial officer of a US spinal implant company has been sentenced to a four-month jail term for his role in a scheme to bribe surgeons. Aditya Humad conspired to pay over USD 540,000 in sham consulting fees to surgeons to induce them to use SpineFrontier's products, leading to millions in revenue for the company and undermining healthcare safeguards.

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Rediff.com28 Jul 2026

Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.

'Eknath Shinde Was Extremely Aggressive'

'Eknath Shinde Was Extremely Aggressive'

Rediff.com20 Aug 2026

'I've seen a lot of meetings over the years, but this was the first time I've seen the deputy chief minister and the industries minister sit through something like this with 200 to 300 industrialists, local residents and politicians from both the ruling side and Opposition, all in the same room.'

Former Kerala CM's daughter seeks more time, ED summons her on June 17

Former Kerala CM's daughter seeks more time, ED summons her on June 17

Rediff.com12 Jun 2026

The Enforcement Directorate has issued a fresh summons to Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, for questioning on June 17 in a money laundering case involving Cochin Minerals and Rutile Ltd (CMRL). The probe focuses on alleged payments of Rs 2.78 crore from CMRL to Veena's IT firm, Exalogic Solutions, without services rendered, and loans from an associated company.

Jharkhand protestors seek probe by ex-judge from outside state into exam paper leaks

Jharkhand protestors seek probe by ex-judge from outside state into exam paper leaks

Rediff.com4 Aug 2026

Job aspirants in Jharkhand are protesting alleged paper leaks in PSC and other recruitment exams, demanding an independent inquiry by retired high court judges from outside the state. They have lost faith in the ongoing CID investigation, citing past failures, and threaten to intensify their agitation if their demands for a CBI or independent judicial probe are not met. The protests have garnered support from various organisations, with one leader on an indefinite hunger strike.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

Ram Temple donation case: SC to hear pleas on August 17

Ram Temple donation case: SC to hear pleas on August 17

Rediff.com10 Aug 2026

The Supreme Court will hear petitions on August 17 seeking a court-monitored SIT probe into alleged embezzlement of donations at the Ram temple in Ayodhya, after deferring the original hearing due to the Solicitor General's UN engagement.

Tata Steel Explains Why Jamshedpur FC Pulled Out of the ISL

Tata Steel Explains Why Jamshedpur FC Pulled Out of the ISL

Rediff.com4 Aug 2026

Jamshedpur FC's withdrawal from the Indian Super League was a pre-planned strategic decision to refocus on grassroots football development, independent of the league's commercial uncertainties, according to Tata Steel Vice President D B Sundara Raman.

The Ajinkya Rahane You Must Know

The Ajinkya Rahane You Must Know

Rediff.com11 Aug 2026

'While his cricketing achievements are obvious, people should remember Ajinkya Rahane, the person. Because he has inspired youngsters in the dressing room by his powerful humane gestures.'

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

Rediff.com4 Aug 2026

As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.