News for 'IT Industry'

Want To Study Research at IIT-Bombay?

Want To Study Research at IIT-Bombay?

Rediff.com17 Sep 2026

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

Gautam Adani overtakes Mukesh Ambani as India's wealthiest, billionaire population hits record 391

Gautam Adani overtakes Mukesh Ambani as India's wealthiest, billionaire population hits record 391

Rediff.com23 Sep 2026

Gautam Adani and family have reclaimed the top spot on India's rich list, surpassing Mukesh Ambani, as the nation's billionaire population reached a record 391, according to the M3M Hurun India Rich List.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com1 Sep 2026

'Improved law and order and transparent governance have helped change UP's investment image.'

Ratlam Villagers Clash With Police Over Industrial Zone Land

Ratlam Villagers Clash With Police Over Industrial Zone Land

Rediff.com12 Jun 2026

Villagers in Ratlam, Madhya Pradesh, pelted stones at a government team attempting to remove encroachments for a proposed industrial zone, injuring three police personnel. Police used mild force and teargas, detaining around 40 people, as resistance stemmed from long-term occupation of government land.

Filmmaker Rajkumar Hirani Predicts AI Will Revolutionise Cinema Production

Filmmaker Rajkumar Hirani Predicts AI Will Revolutionise Cinema Production

Rediff.com10 Sep 2026

Renowned filmmaker Rajkumar Hirani believes artificial intelligence will entirely transform the film industry, making production more cost-effective and efficient. He highlights AI's potential as a "game changer" while also cautioning that its effective use requires extensive research and adaptation.

Assocham Praises New UPI Framework For Large Transactions

Assocham Praises New UPI Framework For Large Transactions

Rediff.com17 Sep 2026

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.

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

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

Rediff.com14 Sep 2026

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.

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

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.com16 Sep 2026

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.com16 Sep 2026

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

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

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

Rediff.com14 Sep 2026

'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.'

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.com19 Sep 2026

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.

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

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

Rediff.com18 Sep 2026

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.

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

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

Rediff.com20 Sep 2026

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.

From Earning Rs 45 A Day To Directing Gondhal

From Earning Rs 45 A Day To Directing Gondhal

Rediff.com24 Sep 2026

'I used to earn Rs 45 for working 12 hours a day at the age of 14.' 'The situation at home was weak, so that money was very important. I did whatever work I could find.'

We need to stay ahead of hackers, Maruti CEO tells automobile meet

We need to stay ahead of hackers, Maruti CEO tells automobile meet

Rediff.com3 Sep 2026

A cyberattack on an automaker can spread through its wider supply chain and create significant financial losses.

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

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

Rediff.com17 Sep 2026

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.

Why AI Sovereignty Is Key To India's National Cybersecurity

Why AI Sovereignty Is Key To India's National Cybersecurity

Rediff.com5 Sep 2026

Gaganyaan astronaut Prasanth Balakrishnan Nair stressed the critical importance of AI sovereignty for national cybersecurity, citing the increasing difficulty in distinguishing between real and fake content due to AI. Speaking at the Kerala Cyber Suraksha Summit, Nair highlighted that future conflicts and industries would involve a 'whole-of-nation approach,' blurring physical and digital boundaries. He urged greater awareness of digital threats and emphasised India's need to build on its technological capabilities in AI and cybersecurity, drawing parallels with the success of Chandrayaan-3. Other speakers also underscored the rising threat of cyberattacks and the potential for Kerala to contribute to national technology requirements.

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.com18 Sep 2026

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.

Stock Markets Today: Sensex, Nifty Rebound in Early Trade, Fed Decision Looms

Stock Markets Today: Sensex, Nifty Rebound in Early Trade, Fed Decision Looms

Rediff.com16 Sep 2026

Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.

Traders Call For Reversal Of UPI Transaction Fee Decision

Traders Call For Reversal Of UPI Transaction Fee Decision

Rediff.com16 Sep 2026

A member of the National Traders' Welfare Board (NTWB) has urged the central government to withdraw its decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective from October 15. He warned that the new charge, which will be borne by merchants, could negatively impact business growth and lead to higher prices, contradicting the government's 'ease of doing business' policy.

The Long Road To Viksit Bharat

The Long Road To Viksit Bharat

Rediff.com15 Sep 2026

The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.

Why BharatPe Supports The New UPI MDR Framework

Why BharatPe Supports The New UPI MDR Framework

Rediff.com17 Sep 2026

Fintech company BharatPe has expressed strong support for the government's new Merchant Discount Rate (MDR) framework for UPI merchant transactions, which introduces a 0.4% fee on transfers exceeding Rs 2,000. The company explicitly distanced itself from critical remarks made by its former co-founder Ashneer Grover, clarifying that his views do not represent BharatPe's stance. BharatPe CEO Nalin Negi highlighted that the framework aims to strengthen digital payment economics, protect consumers and small merchants, and expand adoption in underserved markets, with most transactions remaining unaffected.

Mukesh Ambani: 'When Women of India Rise, India Rises'

Mukesh Ambani: 'When Women of India Rise, India Rises'

Rediff.com11 Sep 2026

'When the women of India become unstoppable, India becomes unstoppable.'

He Created The MumbaiCha Raja Ganesh Idol

He Created The MumbaiCha Raja Ganesh Idol

Rediff.com17 Sep 2026

Sculptor Akash Tirmal explains how he designed the 22 feet idol of Ganesh Galli's MumbaiCha Raja using Plaster of Paris, without any readymade moulds.

Bigg Boss 20: Meet Badshah's Ex Isha Rikhi

Bigg Boss 20: Meet Badshah's Ex Isha Rikhi

Rediff.com16 Sep 2026

Explore the intriguing journey of Isha Rikhi, the Punjabi actress and model currently making waves on Bigg Boss 20, as she navigates her career and recent high-profile separation from rapper Badshah.

HAL hands over LCA Tejas, HTT-40 trainer aircraft to IAF; Dhruv NG helicopters to Pawan Hans

HAL hands over LCA Tejas, HTT-40 trainer aircraft to IAF; Dhruv NG helicopters to Pawan Hans

Rediff.com18 Sep 2026

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, witnessed by Defence Minister Rajnath Singh, marks a crucial step in India's journey towards self-reliance in the aerospace sector, showcasing HAL's capabilities across military, civil rotary-wing, and pilot training aviation.

HAL Delivers Advanced Trainers And Helicopters To IAF And Pawan Hans

HAL Delivers Advanced Trainers And Helicopters To IAF And Pawan Hans

Rediff.com18 Sep 2026

State-run defence major Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas Final Operational Clearance twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, along with Dhruv next-generation helicopters to Pawan Hans. This significant handover, witnessed by Defence Minister Rajnath Singh, marks a crucial step in India's journey towards self-reliance in the aerospace sector, showcasing HAL's diverse capabilities in military, civil, and training aviation.

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.

Ravi Kishan: 'People Threw Stones At Me'

Ravi Kishan: 'People Threw Stones At Me'

Rediff.com21 Sep 2026

'I have seen all the storms and floods. I have crawled and reached here.'

Sebi Reviews UPI Charges For Brokers

Sebi Reviews UPI Charges For Brokers

Rediff.com18 Sep 2026

'Treating stock brokers as merchants for MDR is fundamentally misplaced.'

Wholesale Inflation Hits 9.92% in August, Driven by Food, Fuel, Manufactured Goods

Wholesale Inflation Hits 9.92% in August, Driven by Food, Fuel, Manufactured Goods

Rediff.com14 Sep 2026

India's wholesale price-based inflation (WPI) increased to 9.92 per cent in August, up from 9.78 per cent in July, primarily due to rising prices across food, manufactured items, and fuel and power sectors.

National Film Awards: Yami, Kartik, Mammootty, Dhanush Honoured

National Film Awards: Yami, Kartik, Mammootty, Dhanush Honoured

Rediff.com22 Sep 2026

The 72nd National Film Awards celebrated outstanding contributions to Indian cinema, with Yami Gautam, Kartik Aaryan, Mammootty, Dhanush, and Sanjay Mishra among the prominent winners.

Understanding The New UPI Transaction Fees For Merchants

Understanding The New UPI Transaction Fees For Merchants

Rediff.com15 Sep 2026

The Indian government has introduced a 0.4% transaction fee on Unified Payments Interface (UPI) payments exceeding Rs 2,000 for merchants, effective October 15, marking the end of nearly six years of free service. Person-to-person transfers and small-value transactions below Rs 2,000 remain free. The new Merchant Discount Rate (MDR) is capped at Rs 300 for transactions above Rs 75,000, with differentiated rates for essential sectors and investments, and safeguards to prevent costs from being passed to consumers.

India Pioneers 100% Hydrogen DRI Plant For Green Steel

India Pioneers 100% Hydrogen DRI Plant For Green Steel

Rediff.com13 Sep 2026

India is set to develop its first 100% hydrogen-powered Direct Reduced Iron (DRI) plant, a Rs 207-crore national pilot project led by CSIR-IMMT. This initiative aims to significantly reduce carbon emissions in the steel sector and achieve net-zero commitments, focusing on adapting the technology to India's domestic iron ore conditions.

Industry Taskforce Calls For AI Curriculum Overhaul

Industry Taskforce Calls For AI Curriculum Overhaul

Rediff.com28 May 2026

An industry-led AI curriculum taskforce has recommended shifting the present lecture-based teaching system for technical education to learning from real industry use cases and enhancing practical exposure of students.

'We Will Ask Customers To Pay In Cash'

'We Will Ask Customers To Pay In Cash'

Rediff.com18 Sep 2026

'UPI has been free since Covid, so why is the government charging us now?'

August IPOs Hit Jackpot With 100% Listing Gains

August IPOs Hit Jackpot With 100% Listing Gains

Rediff.com15 Sep 2026

Eighteen mainboard IPOs raised Rs 28,976 crore and carry Rs 2.48 trillion of market value -- 8.6 times the capital raised.

'Washington Shouldn't Threaten A Strategic Partner'

'Washington Shouldn't Threaten A Strategic Partner'

Rediff.com18 Sep 2026

'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'

RBI Deputy Governor: UPI MDR won't trigger shift back to cash

RBI Deputy Governor: UPI MDR won't trigger shift back to cash

Rediff.com19 Sep 2026

RBI Deputy Governor S C Murmu stated that the introduction of merchant discount rate (MDR) on UPI transactions is unlikely to cause a shift back to cash, despite some concerns, emphasising that MDR will help the payments ecosystem recover costs.