News for 'IT Industry'

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.

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.

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.

'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.

'Tata Trusts Wants To Determine Destiny Of Group Companies'

'Tata Trusts Wants To Determine Destiny Of Group Companies'

Rediff.com19 Sep 2026

'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'

Commonwealth Champion Bids Farewell To Her Guns

Commonwealth Champion Bids Farewell To Her Guns

Rediff.com22 Sep 2026

Commonwealth Games gold medallist and Arjuna Awardee Roopa Unnikrishnan gives away the rifles that shaped her brilliant shooting career, hoping they will inspire a new generation of Indian shooters.

The Daily Wager Who May Go To The Oscars

The Daily Wager Who May Go To The Oscars

Rediff.com21 Sep 2026

'The FFI jury said Gondhal is the best film in terms of overall quality -- the sound, background music and cinematography.' 'In every aspect, I don't think this film can be compared to other Indian films. This may sound like overconfidence, but we know what we have done.'

MIT-WPU Researchers Create Innovative Noise-Reducing Industrial Enclosure

MIT-WPU Researchers Create Innovative Noise-Reducing Industrial Enclosure

Rediff.com9 Jun 2026

Researchers at MIT World Peace University (MIT-WPU) Pune have developed a new protective enclosure for industrial abrasive saw machines. This innovative technology significantly reduces noise levels by up to 20 dB(A) while also containing sparks, dust, and flying debris, enhancing worker safety and welfare.

'Very heavy tariffs': Trump fumes as Canada moves closer to EU

'Very heavy tariffs': Trump fumes as Canada moves closer to EU

Rediff.com17 Sep 2026

US President Donald Trump has threatened the European Union with "very heavy tariffs" if he perceives their actions as hostile, specifically in response to Canada's efforts to deepen economic and strategic ties with the EU. This comes as European Commission President Ursula von der Leyen invited Canada to become the EU's first "associate member" to strengthen resilience amid global trade uncertainties and US trade policies.

'Mirzapur Was A Huge Gamble'

'Mirzapur Was A Huge Gamble'

Rediff.com17 Sep 2026

'Gurmmeet Singh was extremely sure in his head that the canvas should be bigger. The movie should look big on screen. It should look like the Mirzapur world but at the same time, much bigger.'

Jefferies foresees $60 billion domestic defence opportunity

Jefferies foresees $60 billion domestic defence opportunity

Rediff.com9 Sep 2026

Global brokerage Jefferies forecasts a double-digit compound annual growth rate (CAGR) for India's defence spending, estimating a cumulative domestic opportunity of over $60 billion across four years, driven by geopolitical tensions and the government's indigenisation push.

Leaked images show damaged US bases in Iranian strikes

Leaked images show damaged US bases in Iranian strikes

Rediff.com17 Sep 2026

New photographic evidence and a Pentagon inspector general's report confirm extensive damage to US military installations across the Middle East due to Iranian missile and drone strikes. The report details billions in financial costs, structural losses to hundreds of buildings, and damage to dozens of aircraft, contradicting previous assertions about US military readiness and ordnance stockpiles. The conflict also led to disruptions in the Strait of Hormuz, impacting global oil prices.

'Concerned about children': SC pushes warning labels on packaged foods

'Concerned about children': SC pushes warning labels on packaged foods

Rediff.com11 Sep 2026

The Supreme Court has expressed serious concern over public health, especially children's, due to packaged foods high in salt, sugar, and fat, urging stakeholders to implement front-of-pack warning labels. The court criticised the FSSAI for delays and proposed a red-coloured hexagonal warning label for products high in two or more specified nutrients, to be implemented in phases.

Civil Aviation Minister Highlights Immense Opportunities For MSMEs In India's Booming Aviation Sector

Civil Aviation Minister Highlights Immense Opportunities For MSMEs In India's Booming Aviation Sector

Rediff.com10 Sep 2026

Civil Aviation Minister K Rammohan Naidu announced significant opportunities for Micro, Small, and Medium Enterprises (MSMEs) within India's rapidly expanding aviation sector. With Indian airlines ordering over 1,600 aircraft and the aerospace market projected to double by 2035, there's a massive scope for Indian suppliers to integrate into global aerospace supply chains, moving beyond assembly to design and manufacturing.

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.

Indian Auto Industry Records Best-Ever June Sales, FADA Cautiously Optimistic

Indian Auto Industry Records Best-Ever June Sales, FADA Cautiously Optimistic

Rediff.com6 Jul 2026

India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).

US colonel survived 50 hours after jet downed in Iran

US colonel survived 50 hours after jet downed in Iran

Rediff.com14 Sep 2026

A US Air Force colonel, identified by his call sign 'Bravo', survived nearly 50 hours behind Iranian lines after his F-15E fighter jet was shot down near Isfahan. Despite severe injuries, he evaded Iranian forces and was eventually rescued in a complex operation involving US military and intelligence personnel, highlighting a daring mission to leave no man behind.

How Global UPI Can Save Diaspora Billions In Remittance Costs

How Global UPI Can Save Diaspora Billions In Remittance Costs

Rediff.com8 Sep 2026

Prime Minister Narendra Modi has called upon the fintech industry to expand the global footprint of the Unified Payments Interface (UPI), advocating for its integration with international payment systems to reduce remittance costs for the Indian diaspora. Speaking at the Global Fintech Fest, Modi highlighted UPI's current presence in 11 countries and its connection with Singapore's local system, urging further expansion into nations with significant Indian populations or trade ties. He also stressed the need for India to set its own global payment standards and for the fintech sector to innovate beyond payments, focusing on cybersecurity, ethical data protection, and regulatory frameworks.

India to buy CBRN recce vehicles, helicopters, mine layers for Rs 1.10 lakh cr

India to buy CBRN recce vehicles, helicopters, mine layers for Rs 1.10 lakh cr

Rediff.com7 Sep 2026

The Defence Acquisition Council, led by Defence Minister Rajnath Singh, has approved the procurement of military hardware worth an estimated Rs 1.10 lakh crore for the Indian Army, Navy, and Air Force. This significant move aims to enhance India's combat prowess and reduce dependency on foreign vendors, with approximately 98 per cent of procurements sourced from Indian industry.

What Shapoorji Pallonji Mistry's Statement Says Between The Lines

What Shapoorji Pallonji Mistry's Statement Says Between The Lines

Rediff.com19 Sep 2026

Shapoorji Pallonji Mistry's statement will be watched closely against the backdrop of the listing battle as well as the Tata leadership contest, with veto votes being cast over the reappointment of N Chandrasekaran as chairman of Tata Sons for a third term.

India's exports jump over 26% in August; trade gap shrinks to five-month low

India's exports jump over 26% in August; trade gap shrinks to five-month low

Rediff.com16 Sep 2026

India's exports saw a significant increase of 26.12 per cent to USD 43.81 billion in August, leading to a narrowed trade deficit of USD 26.86 billion, driven by strong demand from key global markets and diverse sectors.

Passenger Vehicle Exports Fall 17% in August Amid Domestic Sales Boom

Passenger Vehicle Exports Fall 17% in August Amid Domestic Sales Boom

Rediff.com16 Sep 2026

India's passenger vehicle (PV) exports saw a 17 per cent year-on-year decline in August, contrasting sharply with a 36.5 per cent surge in domestic dispatches, which reached a record high for the month as automakers prepared for the festive season.

Chirag Paswan gets threat from 'hardcore terrorists', office seeks MHA probe

Chirag Paswan gets threat from 'hardcore terrorists', office seeks MHA probe

Rediff.com1 Sep 2026

Union Minister Chirag Paswan, a Z-category protectee, has received threat messages from "hardcore terrorists" according to his office. His office has formally requested the Home Ministry to conduct a thorough investigation into the communication and to significantly enhance his security arrangements due to the grave nature of the threat and his public engagements.

BJP Faces West Bengal Investment Test

BJP Faces West Bengal Investment Test

Rediff.com7 Sep 2026

West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.

IIT Guwahati Builds Brain-Inspired AI

IIT Guwahati Builds Brain-Inspired AI

Rediff.com9 Sep 2026

IIT Guwahati researchers have developed SH²RFSSM, a model inspired by how biological neurons communicate.

'Bank Customers Have Become Demanding'

'Bank Customers Have Become Demanding'

Rediff.com15 Sep 2026

'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

Rediff.com16 Sep 2026

The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.

Revolutionary Morphing Skin Enhances Aircraft Safety And Fuel Efficiency

Revolutionary Morphing Skin Enhances Aircraft Safety And Fuel Efficiency

Rediff.com13 Sep 2026

Researchers at the Indian Institute of Technology Madras (IIT,M) have developed a novel "morphing skin" concept for aircraft wings, inspired by bird flight. This adaptive external skin dynamically reshapes in real time to prevent aerodynamic stalls, enhance lift, reduce drag, and significantly improve aircraft safety and fuel efficiency. The technology holds promise for commercial aviation, unmanned aerial vehicles, and defence applications.

NBFCs see significant gold loan growth, outpacing banks

NBFCs see significant gold loan growth, outpacing banks

Rediff.com8 Sep 2026

Non-banking financial companies (NBFCs) experienced a significant 68.5 per cent year-on-year growth in gold-backed credit in July 2026, while banks saw their gold loan growth moderate to 88.1 per cent from 136.4 per cent a year prior, according to RBI data.

Longer life for clean-fuel vehicles may improve ownership costs

Longer life for clean-fuel vehicles may improve ownership costs

Rediff.com4 Sep 2026

The Indian government's proposal to extend the operating life of certain battery-electric, CNG, and hydrogen vehicles under national permits by five years could significantly improve their total cost of ownership (TCO) and residual values, according to industry experts.

West Bengal Launches Quantum And Semiconductor Tech Section To Attract Investments

West Bengal Launches Quantum And Semiconductor Tech Section To Attract Investments

Rediff.com14 Sep 2026

West Bengal has launched an Emerging Quantum and Semiconductor Technologies (EQST) section at CSIR-CGCRI to attract investments and position the state as a hub for next-generation technology. Minister Kalyan Chakraborti highlighted India's need to invest in these crucial sectors and outlined the state's plans to collaborate with institutions and leverage budget initiatives to foster research and start-ups.

Tirumala Tirupati temple to insure devotees for Rs 2 lakh

Tirumala Tirupati temple to insure devotees for Rs 2 lakh

Rediff.com16 Sep 2026

Andhra Pradesh Chief Minister N Chandrababu Naidu announced several new initiatives for Tirumala Tirupati Devasthanams (TTD), including Aadhaar-based devotee insurance for Rs 2 lakh, the establishment of an SV Museum by TCS Trust, and the introduction of electric buses donated by Reliance Foundation and Bharat Biotech. The plans also include global expansion of Srivari temples, improved Annadanam, integrated hospital services, and significant infrastructure development in Tirupati to make it a services and wedding destination with a Net Zero concept.

India to buy Javelin anti-tank system from US

India to buy Javelin anti-tank system from US

Rediff.com28 Aug 2026

India has finalised a deal with the United States to acquire Javelin anti-tank guided missile systems, significantly enhancing the Indian Army's combat capabilities. This procurement, facilitated through the US Foreign Military Sales process, underscores the deepening bilateral defence partnership and opens avenues for future collaboration and co-production between the defence industries of both nations.