News for 'IT Industry'

New Study Warns Of 50% Rise In Petrochemical Emissions By 2050

New Study Warns Of 50% Rise In Petrochemical Emissions By 2050

Rediff.com9 Sep 2026

New research from the University of Sheffield indicates that greenhouse gas emissions from petrochemical production could increase by 50 per cent by 2050 under a business-as-usual scenario. The study, published in Nature Sustainability, provides the first detailed global map of these emissions, identifying key sources and highlighting the challenge of decarbonising the sector.

Why China Is Pushing For International AI Governance

Why China Is Pushing For International AI Governance

Rediff.com5 days ago

China has called for stronger global governance of artificial intelligence, advocating for international cooperation to develop the technology for humanity's benefit while preventing it from getting out of control. This comes amidst warnings from leading AI researchers in the US about potential existential risks, with China emphasizing both rapid development and robust safeguards, including its new AI Safety Governance Framework 3.0. The issue is expected to be a key topic in upcoming US-China talks.

Will take steps to...: India reacts to US sanctions bill

Will take steps to...: India reacts to US sanctions bill

Rediff.com3 days ago

India has stated its commitment to protecting its economic interests and ensuring energy security after the US House of Representatives passed a bill allowing the US President to impose tariffs of up to 100 per cent on countries, including India and China, for purchasing Russian crude oil. The Ministry of External Affairs affirmed India's resolve to maintain diversified energy sourcing and has articulated its concerns to US interlocutors regarding the bill's potential implications.

Trump to sign Russia sanctions bill; India-US ties, energy market on edge

Trump to sign Russia sanctions bill; India-US ties, energy market on edge

Rediff.com2 days ago

President Donald Trump is set to sign the Sanctioning Russia and Iran Act, which includes tariffs on countries buying Russian oil and gas, such as India. India has voiced concerns over the potential impact on its ties with the US and the global energy market.

Micron CEO Highlights India's Semiconductor Execution, Plans Massive Scale-Up

Micron CEO Highlights India's Semiconductor Execution, Plans Massive Scale-Up

Rediff.com3 days ago

Micron CEO Sanjay Mehrotra announced plans to significantly scale up the company's chip assembly and testing facility in India, moving from "vision to execution" in the nation's semiconductor ambitions. He highlighted the success of the Sanand, Gujarat plant, which is already producing "Made in India" memory chips, and the company's substantial engineering contributions from its Indian centres. Mehrotra also emphasised the critical role of memory chips in the AI era, driving Micron's growth.

India Poised For AI-Native Semiconductor Ecosystem Advantage

India Poised For AI-Native Semiconductor Ecosystem Advantage

Rediff.com3 days ago

UST, a California-based technology company, highlights India's unique opportunity to build an AI-native semiconductor ecosystem, bypassing older models. Speaking at SEMICON India 2026, UST COO Gilroy Mathew emphasised India's advantage in investing in infrastructure and talent at the right time, enabling it to create AI-native manufacturing and supply chains for future competitiveness.

10 CV Tips To Get Hired

10 CV Tips To Get Hired

Rediff.com2 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.

Political Row Erupts Over UPI Fee Decision

Political Row Erupts Over UPI Fee Decision

Rediff.com3 days ago

The Congress party has strongly refuted government claims that its MPs on the Parliament Standing Committee on Finance supported a fee on high-value UPI payments. Congress leaders, including Gaurav Gogoi and Manish Tewari, stated that the "UPI tax" proposal was not specifically discussed by the committee, accusing the Modi government of diverting attention from public backlash and appeasing US companies. The government, however, cited the committee's report which pressed for a tiered Merchant Discount Rate (MDR) framework.

Breakthrough In Textile Wastewater Treatment By IIT And BHU Researchers

Breakthrough In Textile Wastewater Treatment By IIT And BHU Researchers

Rediff.com4 days ago

Researchers from IIT Guwahati and BHU have devised an eco-friendly biological method to treat textile wastewater, specifically targeting toxic azo dyes. Their novel bacterium, 'Brevundimonas sp. AJZ05', effectively degrades 98.50 per cent of Direct Blue-6 dye, producing non-toxic byproducts, offering a sustainable alternative to conventional chemical treatments.

Google Gemini hacked three companies in first known AI 'breakout'

Google Gemini hacked three companies in first known AI 'breakout'

Rediff.com14 hours ago

Google's Gemini reportedly hacked three companies in the first known breakout, after the model accessed the internet and breached external systems during an evaluation of its cybersecurity capabilities.

Katrina, Vicky, Salman At Ambani's Ganesh Celebration

Katrina, Vicky, Salman At Ambani's Ganesh Celebration

Rediff.com5 days ago

Bollywood's biggest names gathered at the Ambani family's Antilia residence for grand Ganesh Chaturthi celebrations.

Equity Mutual Funds See Rs 29,329 Crore Inflow in August, Driven by Mid & Small-Caps

Equity Mutual Funds See Rs 29,329 Crore Inflow in August, Driven by Mid & Small-Caps

Rediff.com10 Sep 2026

Equity mutual fund schemes in India attracted a net inflow of Rs 29,329 crore in August, marking the highest in four months, primarily fuelled by strong investor interest in mid-cap and small-cap funds.

CEA Calls For Industry Investment In Skilling, Innovation For GCCs

CEA Calls For Industry Investment In Skilling, Innovation For GCCs

Rediff.com9 Jul 2026

Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.

Why Tata Motors Unveiled the Sierra Legend Series

Why Tata Motors Unveiled the Sierra Legend Series

Rediff.com2 days ago

Tata Motors has launched the Sierra Legend Series, a new line of its iconic Sierra mid-SUV, designed to democratize premium features across all variants. This strategy, dubbed "Luxury, From The Base," aims to challenge traditional industry norms by offering high-end comfort, refinement, and technology even in entry-level models, ensuring the Sierra remains a benchmark in the competitive Indian automotive market.

India's Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership

India's Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership

Rediff.com4 days ago

GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.

Nirmala Sitharaman Calls For Faster CBDC Progress And Stronger Cybersecurity Measures

Nirmala Sitharaman Calls For Faster CBDC Progress And Stronger Cybersecurity Measures

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has urged the Reserve Bank of India to accelerate its central bank digital currency initiatives, emphasising the need to sharpen capabilities with the digital rupee amidst rapid advancements in tokenisation, agentic AI, and quantum computing. She also highlighted critical concerns regarding cybersecurity, warning that autonomous AI systems are evolving rapidly and require robust safeguards. Sitharaman proposed a federated industry platform to give India's technology ecosystem a collective international voice.

Put nation first, shoulder responsibility, Sitharaman tells Gen Z, Gen Alpha

Put nation first, shoulder responsibility, Sitharaman tells Gen Z, Gen Alpha

Rediff.com5 days ago

Union Finance Minister Nirmala Sitharaman called upon 'Gen Z' and 'Gen Alpha' to assume leadership, prioritise the nation, and contribute to its growth, rather than questioning what the country has done for them.

The Rationale Behind Government's UPI Fee Decision

The Rationale Behind Government's UPI Fee Decision

Rediff.com4 days ago

The Indian government has challenged Congress leader Rahul Gandhi's criticism of levying fees on UPI payments above Rs 2,000 to merchants. The government highlighted that a parliamentary standing committee, which included Congress MPs, had previously backed a tiered Merchant Discount Rate (MDR) framework for UPI. This move aims to ensure the financial sustainability of the UPI ecosystem and reduce its dependence on government subsidies, a concern raised by the committee due to the significant funding gap between allocations and operational costs.

India's Aerospace Future Takes Flight With HAL Deliveries

India's Aerospace Future Takes Flight With HAL Deliveries

Rediff.com2 days ago

State-run Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv Next Generation helicopters to Pawan Hans. This significant handover, attended by Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu, underscores India's progress towards self-reliance in aerospace, strengthening both military and civil aviation capabilities with indigenous platforms.

HCLTech Launches New Unit To Capture USD 400 Billion AI Market

HCLTech Launches New Unit To Capture USD 400 Billion AI Market

Rediff.com3 days ago

HCLTech has launched 'HCLTech Pulse', a new business unit designed to help enterprises with annual revenues between USD 500 million and USD 5 billion accelerate their adoption of artificial intelligence and modernise their technology infrastructure, targeting a USD 400 billion global market opportunity.

Delhi University And AMD Collaborate To Train 10,000 Students In AI

Delhi University And AMD Collaborate To Train 10,000 Students In AI

Rediff.com3 Sep 2026

The University of Delhi and semiconductor major AMD have signed a Memorandum of Understanding (MoU) to train up to 10,000 students and faculty in industry-relevant artificial intelligence skills over the next year. This collaboration will provide access to AMD's AI Engage Developer Programme, including its open-source ROCm AI software platform, learning resources, and developer GPU cloud credits, aiming to foster indigenous AI capabilities and bridge the gap between academia and industry.

Want To Study Research at IIT-Bombay?

Want To Study Research at IIT-Bombay?

Rediff.com3 days ago

Students who want to gain hands-on research experience at the IIT Bombay can apply for the IITB Research Internship Award 2026.

ISRO Staff Step Up Privatisation Protest

ISRO Staff Step Up Privatisation Protest

Rediff.com5 days ago

The larger question raised by the associations is simple: If ISRO is no longer to manufacture launch vehicles, what will happen to the institution's accumulated capabilities and the people who built them?

India's Semiconductor Sector Attracts $1.4 Billion in Equity Funding

India's Semiconductor Sector Attracts $1.4 Billion in Equity Funding

Rediff.com7 days ago

India's semiconductor sector has garnered USD 1.4 billion in total equity funding across 281 companies, with a substantial USD 701 million raised since 2025 alone, according to Tracxn data.

Western Australia Premier Highlights Cricket's Role In Strengthening India-Australia Relations

Western Australia Premier Highlights Cricket's Role In Strengthening India-Australia Relations

Rediff.com1 days ago

Western Australia Premier Roger Cook emphasised cricket's pivotal role in enhancing India-Australia relations, fostering business development, economic ties, and trade. He highlighted the upcoming Big Bash League match in Chennai and the opening of the University of Western Australia campus in Mumbai as key initiatives strengthening bilateral cooperation and cultural exchange.

Assocham Praises New UPI Framework For Large Transactions

Assocham Praises New UPI Framework For Large Transactions

Rediff.com3 days ago

Industry body Assocham has welcomed the new UPI framework for large-value merchant transactions, effective October 15. This framework introduces a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant UPI payments exceeding Rs 2,000, with a cap of Rs 300 for transactions over Rs 75,000. The move aims to enhance UPI sustainability, support innovation, and mitigate fraud, while protecting small merchants and ensuring most everyday transactions remain free.

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.com6 days ago

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.

Crude Oil, West Asia Tensions to Dictate Indian Stock Market Momentum

Crude Oil, West Asia Tensions to Dictate Indian Stock Market Momentum

Rediff.com15 hours ago

Indian stock market investors are closely monitoring crude oil prices, geopolitical developments in West Asia, and the implications of the US Sanctioning Russia and Iran Act, which could impose tariffs on countries, including India, that purchase Russian crude.

Modi, Putin bolster trade, defence, energy ties; discuss Ukraine peace efforts

Modi, Putin bolster trade, defence, energy ties; discuss Ukraine peace efforts

Rediff.com11 Sep 2026

Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Indian Equities Close Marginally Lower as Oil Cools, IT Stocks Gain

Rediff.com11 Sep 2026

Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.

New UPI MDR Fee Could Push Small Retailers Back To Cash, Warns RAI

New UPI MDR Fee Could Push Small Retailers Back To Cash, Warns RAI

Rediff.com4 days ago

The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 could reverse the progress of digital payment adoption among small retailers. This fee, effective October 15, places the burden on merchants operating on thin margins, potentially pushing them back to cash transactions and undermining the government's formalisation agenda, especially ahead of the festive season.

Fresh Engineers Face Toughest Job Crunch

Fresh Engineers Face Toughest Job Crunch

Rediff.com4 days ago

There are 9.5 candidates for every engineering job at the zero-to-three-year level.

Equity MF Inflows Hit Four-Month High In August

Equity MF Inflows Hit Four-Month High In August

Rediff.com11 Sep 2026

Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.

India's 501-strong squad eyes a new Asian Games high

India's 501-strong squad eyes a new Asian Games high

Rediff.com2 days ago

India's large contingent of 501 athletes is set to compete at the 20th Asian Games in Nagoya, Japan, aiming to showcase the nation's growing sporting depth and its ambition to become a global top-10 sporting power by 2036. Despite initial accommodation challenges, the focus is on building on the momentum from the record 2022 Hangzhou Games, with strong medal hopes in shooting, athletics, cricket, badminton, and hockey.

Why ISRO Staff Are Worried About ISRO's Future

Why ISRO Staff Are Worried About ISRO's Future

Rediff.com7 Sep 2026

A rocket designed and developed by ISRO is being transferred to industry for production.
Nine ISRO associations want to know whether this is simply an effort to expand India's industrial capacity or part of a larger policy under which ISRO itself will eventually withdraw from rocket manufacturing.

COAI And British High Commission Ink Pact For AI, Digital Trust

COAI And British High Commission Ink Pact For AI, Digital Trust

Rediff.com6 days ago

Telecom industry body COAI and the British High Commission signed an MoU to boost cooperation in AI, connectivity, and digital trust, fostering responsible tech innovation. The pact, signed at the CO.AI 2026 event, focused on AI's role in intelligent networks, security, and public services. Discussions highlighted AI's importance in combating fraud, improving network efficiency, and ensuring secure digital services. TRAI Chairman Anil Kumar Lahoti and Acting British High Commissioner Ben Mellor emphasised the need for balanced governance and international collaboration to ensure secure, inclusive, and responsible digital transformation.

Why Have Major Trade Unions Been Excluded From Minimum Wage Panel?

Why Have Major Trade Unions Been Excluded From Minimum Wage Panel?

Rediff.com6 days ago

'Major unions should be included. If this goes on, decision-making will become heavily one-sided and we will be forced to continue our strikes.'

Hoshiarpur Court Hands Death Sentence To Migrant Labourer For Heinous Child Murder

Hoshiarpur Court Hands Death Sentence To Migrant Labourer For Heinous Child Murder

Rediff.com2 days ago

A Fast-Track Special Court in Hoshiarpur has sentenced a 33-year-old migrant labourer, Nanke Yadav alias Radhe Sham, to death for the aggravated sexual assault and murder of a five-year-old boy. The court termed it a 'rarest of rare' case, with the death sentence subject to confirmation by the Punjab and Haryana High Court.

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).

BharatPe Supports UPI MDR Changes, Distances From Ashneer Grover's Criticism

BharatPe Supports UPI MDR Changes, Distances From Ashneer Grover's Criticism

Rediff.com3 days ago

Fintech firm BharatPe has publicly supported the government's new Merchant Discount Rate (MDR) framework for UPI merchant transactions, which introduces a 0.4% fee on transfers over Rs 2,000. The company has also distanced itself from its former co-founder Ashneer Grover's strong criticism of these changes, stating his remarks are personal and do not reflect BharatPe's official position. BharatPe believes the new framework will strengthen digital payment economics while protecting consumers and small merchants.