News for 'Global'

FIFA President Gianni Infantino confirms re-election bid amidst controversy

FIFA President Gianni Infantino confirms re-election bid amidst controversy

Rediff.com7 Sep 2026

FIFA President Gianni Infantino is committed to seeking re-election in March next year, despite facing renewed opposition following a controversial plan to sell a stake in FIFA competitions to private investors.

AI Transition Is Irreversible, But Regulation And Cost Will Shape Its Future

AI Transition Is Irreversible, But Regulation And Cost Will Shape Its Future

Rediff.com14 Sep 2026

TeamLease EdTech Founder and CEO Shantanu Rooj states that the AI-driven world transition is irreversible, with regulation and cost being crucial factors determining its speed and depth. He emphasizes that while AI will transform jobs, not eliminate them, continuous learning, domain expertise, and adaptability will be key for individuals and businesses to thrive in this evolving landscape. Rooj also highlights the need for universities to adapt their curricula to prepare a future-ready workforce.

'It won't change overnight': Tiafoe's tennis reality check

'It won't change overnight': Tiafoe's tennis reality check

Rediff.com29 Aug 2026

American tennis stars Jessica Pegula and Frances Tiafoe acknowledge significant progress in diversity within tennis, citing increased representation across various demographics and global participation, yet both highlight the persistent challenge of affordability and access for aspiring young players.

Breakthrough Recombinant Antivenom Offers Broad Protection Against Indian Cobra Species

Breakthrough Recombinant Antivenom Offers Broad Protection Against Indian Cobra Species

Rediff.com10 Sep 2026

Researchers from the Indian Institute of Science (IISc) and Technical University of Denmark have developed a recombinant antivenom that provides broad protection against the venom of spectacled cobras, monocled cobras, and Indian king cobra species in mice. This lab-produced antivenom offers a next-generation solution to traditional animal-derived antivenoms, addressing issues like variability and limited species coverage.

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Rediff.com26 Aug 2026

Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.

Symbiotec Pharmalab shares end over 11% higher after flat debut

Symbiotec Pharmalab shares end over 11% higher after flat debut

Rediff.com1 Sep 2026

Shares of Symbiotec Pharmalab Ltd, a pharma and biotech company, made a muted market debut, listing nearly 1 per cent lower on the BSE against its issue price of Rs 988, but later recovered to trade higher.

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Rediff.com25 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.

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.

Magnus Carlsen On Gukesh's World Championship Challenge

Magnus Carlsen On Gukesh's World Championship Challenge

Rediff.com10 Sep 2026

World No. 1 Magnus Carlsen has offered his perspective on the upcoming World Chess Championship, where D Gukesh will face Javokhir Sindarov. Carlsen believes Gukesh should view the challenge as an opportunity to gain rather than a burden to defend, despite considering Sindarov the favourite. He also shared insights into the psychological aspects of the game and his personal preference for rapid chess over classical formats.

Thorium Key To India's Nuclear Future

Thorium Key To India's Nuclear Future

Rediff.com3 Sep 2026

'Uranium supply is going to come under increasing pressure.'

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.

Stock Markets Today: Sensex, Nifty Open Higher as Crude Prices Drop

Stock Markets Today: Sensex, Nifty Open Higher as Crude Prices Drop

Rediff.com26 Aug 2026

Indian benchmark indices Sensex and Nifty opened higher, driven by a significant drop in crude oil prices and a positive trend in global equities, with foreign fund inflows further bolstering domestic markets.

Century 21 to enter India with 126-region franchise model, targeting 1,500 offices

Century 21 to enter India with 126-region franchise model, targeting 1,500 offices

Rediff.com9 Sep 2026

US-based real estate agent franchise firm Century 21 is set to enter the Indian market, estimated at around $600 billion, with a franchise-led business model. The company aims to connect Indian buyers with international properties and NRIs with Indian real estate, projecting 1,500 offices and 30,000 agents within five years.

How AI Is Poised To Transform Indian Healthcare

How AI Is Poised To Transform Indian Healthcare

Rediff.com8 Sep 2026

A report by Bain & Company and HealthQuad identifies remote patient monitoring, OT/ICU optimisation, and chronic disease management as key opportunities for Artificial Intelligence in Indian healthcare. The report highlights a shift from experimental AI to real-world applications, driven by government initiatives, increasing EMR adoption, and a robust startup ecosystem. AI's autonomous capabilities are rapidly advancing while costs decrease, creating significant growth potential for providers and startups.

Ladakh Marathon: The race that tests every runner

Ladakh Marathon: The race that tests every runner

Rediff.com10 Sep 2026

The Ladakh Marathon, known for its extreme high-altitude route and dramatic landscape, has become a significant attraction for distance runners worldwide. Despite not actively seeking sponsors, the event has garnered strong corporate backing due to its unique vision and the allure of Ladakh. Organisers prioritise runner safety and experience, acknowledging the psychological and physical challenges of racing at such elevations, where oxygen levels are significantly lower.

Netflix Is Offering A Scholarship For...

Netflix Is Offering A Scholarship For...

Rediff.com27 Aug 2026

IICT and Netflix are offering scholarships to 100 students and working professionals, with up to 80 per cent financial support for courses in animation, VFX, gaming and creative technologies.

The Kardashians Love Namrata Karad's Bags

The Kardashians Love Namrata Karad's Bags

Rediff.com3 Sep 2026

Namrata Karad, founder of Ahikoza by BRHAM, opens up about going from working on a Hugo Boss sales floor to seeing her bags carried by Alia Bhatt, Kareena Kapoor, Kylie Jenner, Khloe Kardashian...

How India Can Achieve A USD 55 Trillion Economy By 2047

How India Can Achieve A USD 55 Trillion Economy By 2047

Rediff.com25 Aug 2026

Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.

Belgium withholds support for Infantino over Balogun red-card row

Belgium withholds support for Infantino over Balogun red-card row

Rediff.com7 Sep 2026

The Belgian football federation (RBFA) will not support Gianni Infantino's re-election as FIFA president unless it receives satisfactory answers regarding the handling of the Folarin Balogun red-card case at the World Cup and other governance concerns.

'India And China Have Arrived At A Nash Equilibrium'

'India And China Have Arrived At A Nash Equilibrium'

Rediff.com12 Sep 2026

'The Chinese military cannot advance much in Ladakh, even if they want to.' 'Similarly, in Arunachal Pradesh, they can rename a village or two, intrude here or there, but cannot do much more realistically.'

'Not looking to sell the game to India': Cricket Australia allows private investment in Big Bash League

'Not looking to sell the game to India': Cricket Australia allows private investment in Big Bash League

Rediff.com8 Sep 2026

Cricket Australia has announced that private investment will be introduced into the Big Bash League (BBL) from the 2027-28 season, beginning with the sale of the Melbourne Renegades T20 franchise, a move aimed at strengthening the league's long-term future and boosting finances.

India Services Growth Cools to 4-Year Low in August

India Services Growth Cools to 4-Year Low in August

Rediff.com3 Sep 2026

India's services activity expanded in August, but the pace of growth cooled to the second-slowest since March 2022, despite stronger output and new business, according to the HSBC India Services PMI Business Activity Index.

Axis Bank CEO cautions 'abnormal lending' from FCNR(B) inflows, hints at rate hike

Axis Bank CEO cautions 'abnormal lending' from FCNR(B) inflows, hints at rate hike

Rediff.com10 Sep 2026

Axis Bank MD & CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.

Shafali Verma fastest and youngest to 3000 runs in WT20Is

Shafali Verma fastest and youngest to 3000 runs in WT20Is

Rediff.com6 Sep 2026

India's Shafali Verma has become the fastest and youngest player to reach 3,000 runs in Women's T20 International cricket during a match against Pakistan in Dubai.

FIFA's $20 Billion Subsidiary Plan: Infantino's Ultimatum & Global Backlash

FIFA's $20 Billion Subsidiary Plan: Infantino's Ultimatum & Global Backlash

Rediff.com30 Jul 2026

FIFA President Gianni Infantino's proposal to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to commercialise its events and offer stakes to external investors, has drawn significant criticism from governing bodies like UEFA and CONCACAF, who accuse FIFA of a lack of transparency and attempting to 'sell the soul of football'.

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

Rediff.com10 Sep 2026

Reserve Bank of India (RBI) Deputy Governor Rohit Jain has warned that financial institutions' increasing reliance on a small number of common technology providers, including cloud and AI model providers, could create a new source of systemic risk. He highlighted 'speed, concentration and opacity' as key risks, noting that a disruption at one provider could rapidly spread across multiple institutions, amplifying existing financial risks.

FY28 Budget Work Starts Early

FY28 Budget Work Starts Early

Rediff.com5 Sep 2026

The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.

Banks will take 3-4 months to deploy FCNR(B) flows: Setty

Banks will take 3-4 months to deploy FCNR(B) flows: Setty

Rediff.com11 Sep 2026

State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.

AI Skills Drive IT Hiring Surge

AI Skills Drive IT Hiring Surge

Rediff.com2 Sep 2026

Roles that mention AI in software development have grown 138 per cent between Q2 2024 and Q2 2026.

India Ranks Fifth in GenAI Patents

India Ranks Fifth in GenAI Patents

Rediff.com24 Aug 2026

India published 929 generative AI patents in 2024 and 2025 alone -- equating to nearly 70 per cent of the 1,350 patents it published over the entire previous decade (2014 to 2023).

Leander Paes Set For High-Stakes AITA Presidential Race

Leander Paes Set For High-Stakes AITA Presidential Race

Rediff.com7 Sep 2026

Indian tennis icon Leander Paes is poised to contest the presidency of the All India Tennis Association (AITA), backed by the Bengal Tennis Association. This sets up a potential three-way battle against current Davis Cup captain Rohit Rajpal and interim president Chintan Parikh, pending Paes's success in the Sportsperson of Outstanding Merit (SOM) election.

Fintech 'Valuable Partner' in Building Future Financial System: RBI Governor

Fintech 'Valuable Partner' in Building Future Financial System: RBI Governor

Rediff.com9 Sep 2026

RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.

How UPI Revolutionised India's Digital Payments Ecosystem

How UPI Revolutionised India's Digital Payments Ecosystem

Rediff.com24 Aug 2026

The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.

Tata Motors steps up its global CV ambition with Iveco

Tata Motors steps up its global CV ambition with Iveco

Rediff.com30 Jun 2026

Tata Motors is set to acquire Italy's Iveco Group, a strategic move aimed at propelling the Indian automaker into the top four global commercial vehicle (CV) manufacturers, with projected annual revenues of $35 billion-$40 billion within five years.

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

Nexon as Osprey: Tata Motors expands South Africa portfolio

Nexon as Osprey: Tata Motors expands South Africa portfolio

Rediff.com9 Sep 2026

Tata Motors Passenger Vehicles (TMPV) is strategically expanding its international footprint by launching the Nexon, rebranded as Osprey, in South Africa, a move set to significantly boost its export volumes and solidify India's position as a major automotive export hub.

2 held with fake PMO ID in Mumbai, cops deny link to PM visit

2 held with fake PMO ID in Mumbai, cops deny link to PM visit

Rediff.com9 Sep 2026

Mumbai Police have arrested Rohan Parikh (24) and Dilip Kunde (49) for allegedly forcing their way into Jio World Plaza with a firearm and a fake PMO identity card. The incident, which occurred on Monday evening, has been clarified by police to have no connection with Prime Minister Narendra Modi's event in the city.

$100 Oil Hits India's Import Bill

$100 Oil Hits India's Import Bill

Rediff.com8 Sep 2026

India's current account deficit could widen to 1.7 per cent of GDP, or about $71 billion, if crude oil prices stay above $90 a barrel for a significant part of the second half of FY27.

How India Is Becoming A Global Hub For International Sporting Events

How India Is Becoming A Global Hub For International Sporting Events

Rediff.com7 Jul 2026

Sports Minister Mansukh Mandaviya highlighted India's growing global sporting stature, evidenced by the increasing number of international events the country is hosting. He announced that India is set to host 36 international events between January 2025 and June 2026, along with 9 events this year and 19 in 2027-2028. Mandaviya also spoke about government support for athletes, transparent selection processes for major events like the Commonwealth Games, and improved domestic athletic performances, citing 26 national records broken in Indian athletics recently.

Samsung India begins job cuts; trims workforce at senior level

Samsung India begins job cuts; trims workforce at senior level

Rediff.com8 Sep 2026

Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.