News for 'IT sector'

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com7 days ago

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board

Unincorporated Sector Drives Job Growth, Digital Divide Persists

Unincorporated Sector Drives Job Growth, Digital Divide Persists

Rediff.com6 days ago

India's unincorporated non-agricultural sector, excluding construction and corporate enterprises, added approximately 7.5 million workers in a single year, reaching 128.1 million employed in 2025, according to the NSO's ASUSE 2025 report.

How India's Mining Sector Is Embracing Data-Driven Sustainability

How India's Mining Sector Is Embracing Data-Driven Sustainability

Rediff.com5 days ago

India's mining sector is shifting from sustainability compliance to a data-driven model focused on long-term performance, driven by evolving ESG regulations and digital compliance, according to a Deloitte-ICC report.

India's services sector growth hits 5-month high in April

India's services sector growth hits 5-month high in April

Rediff.com7 days ago

India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.

Manufacturing lifts pvt sector activity in April

Manufacturing lifts pvt sector activity in April

Rediff.com24 Apr 2026

India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.

Woman Rescued After Climbing Mobile Tower In Noida Sector 63

Woman Rescued After Climbing Mobile Tower In Noida Sector 63

Rediff.com30 Apr 2026

A 19-year-old woman was safely rescued after climbing a mobile tower in Noida's Sector 63. Police and fire department teams responded swiftly, bringing her down using a hydraulic platform. The woman, who was reportedly under mental distress due to family issues, is now undergoing counselling.

Diagnostics sector poised for robust Q4 growth, outperforming healthcare peers

Diagnostics sector poised for robust Q4 growth, outperforming healthcare peers

Rediff.com20 Apr 2026

The diagnostics sector is projected to significantly outperform other healthcare segments like pharmaceuticals and hospitals in Q4FY26, driven by increasing volumes, stable realisations, and a domestic focus that insulates it from geopolitical risks.

Core Sector Output Contracts 0.4% in March, First Decline in Five Months

Core Sector Output Contracts 0.4% in March, First Decline in Five Months

Rediff.com20 Apr 2026

India's core sector output contracted by 0.4 per cent in March, marking the first decline in five months, with coal, crude oil, fertiliser, and electricity production falling, according to official data.

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Rediff.com19 Apr 2026

The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.

India's Services Sector Growth Eases to 14-Month Low

India's Services Sector Growth Eases to 14-Month Low

Rediff.com6 Apr 2026

India's services sector growth slowed in March, reaching a 14-month low, according to the HSBC India Services PMI. The slowdown reflects weaker new business intakes and rising input costs, particularly in fuel, transport, and logistics.

India Sporting Goods Fair Aims to Propel Manufacturing Sector

India Sporting Goods Fair Aims to Propel Manufacturing Sector

Rediff.com31 Mar 2026

The 4th India Sporting Goods Fair (ISGF) is set to take place, showcasing athletic gear and equipment from across the country, as the government pushes to establish India as a global hub for sports goods manufacturing.

India Sporting Goods Fair Aims to Propel Manufacturing Sector

India Sporting Goods Fair Aims to Propel Manufacturing Sector

Rediff.com31 Mar 2026

The 4th India Sporting Goods Fair (ISGF) showcases athletic gear and equipment from 75 exhibitors, highlighting the government's commitment to promoting sports goods manufacturing in India.

Insolvency Law Key to Improving Banking Sector Health, Says FM

Insolvency Law Key to Improving Banking Sector Health, Says FM

Rediff.com30 Mar 2026

Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a crucial factor in improving the health of India's banking sector, significantly aiding in the recovery of non-performing assets (NPAs).

Indian Aviation Sector Grapples with Aircraft Supply Chain Bottleneck

Indian Aviation Sector Grapples with Aircraft Supply Chain Bottleneck

Rediff.com29 Mar 2026

Civil Aviation Minister K Ram Mohan Naidu highlights challenges in aircraft procurement due to global supply chain disruptions, impacting India's aviation sector growth and expansion plans.

West Asia crisis: Govt mulls more relief packages for vulnerable sectors

West Asia crisis: Govt mulls more relief packages for vulnerable sectors

Rediff.com29 Mar 2026

The Indian government is considering additional relief packages for vulnerable sectors like MSMEs to mitigate the impact of the ongoing West Asia crisis on the economy and inflation.

Haryana Government Invests in AI Skills for Public Sector Employees

Haryana Government Invests in AI Skills for Public Sector Employees

Rediff.com6 Apr 2026

The Haryana government is launching an initiative to equip its employees with artificial intelligence (AI) skills through the iGOT Karmayogi platform, aiming to enhance governance and public service delivery.

Gurugram Residents Angered By Tyre Thefts From Six Vehicles

Gurugram Residents Angered By Tyre Thefts From Six Vehicles

Rediff.com3 days ago

Residents of Sector 93 in Gurugram are demanding increased security measures after thieves stole tyres and rims from six vehicles, leaving them on bricks.

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

Rediff.com10 Apr 2026

India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.

DII holdings in Nifty 500 hit record 20.9%, FPIs' slid to a new low in Q4

DII holdings in Nifty 500 hit record 20.9%, FPIs' slid to a new low in Q4

Rediff.com5 hours ago

Domestic Institutional Investors (DIIs) have significantly increased their holdings in Nifty 500 companies, reaching a record 20.9 per cent by the end of March, while Foreign Portfolio Investors (FPIs) reduced their ownership to an all-time low of 17.1 per cent, according to Motilal Oswal Financial Services.

India's Clean Energy Sector Sees Recruitment Surge

India's Clean Energy Sector Sees Recruitment Surge

Rediff.com5 Mar 2026

India's clean energy technology industry is experiencing rapid growth, with recruitment increasing significantly due to policy support and investments in green energy. However, challenges remain in talent availability, skills alignment, and gender diversity.

PF Withdrawal Through ATM, UPI Soon

PF Withdrawal Through ATM, UPI Soon

Rediff.com9 hours ago

The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.

Two Arrested In Connection With Attack On Singer's Organiser

Two Arrested In Connection With Attack On Singer's Organiser

Rediff.com3 days ago

Two shooters have been arrested in Punjab for allegedly firing at the home of singer Rahul Fazilpuria's event organiser in Gurugram. The shooters, linked to gangster Deepak Nandal, confessed to planning the attack on Saurabh Yadav, injuring a security constable.

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Rediff.com1 days ago

Indian investors have seen their wealth erode by a staggering Rs 16.77 lakh crore over four trading sessions, as the markets faced deep losses driven by elevated crude oil prices, geopolitical tensions, persistent foreign fund outflows, and a record-low rupee.

RBI poised for record dividend payout, boosting government's fiscal strength

RBI poised for record dividend payout, boosting government's fiscal strength

Rediff.com32 minutes ago

The Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.

2 more chip packing units to come up by December: Vaishnaw

2 more chip packing units to come up by December: Vaishnaw

Rediff.com1 days ago

Union Minister Ashwini Vaishnaw announced that two more semiconductor chip packaging units, part of the India Semiconductor Mission, are expected to be operational by July and December, respectively. He also highlighted India's focus on becoming a beneficiary of AI technology, expanding data centre infrastructure with significant investments, and developing new subsea cable networks for global connectivity.

Women Entrepreneurs To Be Trained As Drone Pilots

Women Entrepreneurs To Be Trained As Drone Pilots

Rediff.com1 days ago

FLO has signed agreements with Garuda Aerospace, NEOSKY India and YRG for a skilling programme to train 1,000 women drone pilots by March next year.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com6 hours ago

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

Delhi Police Investigate Death Threats To Defence Firm MD

Delhi Police Investigate Death Threats To Defence Firm MD

Rediff.com4 days ago

Delhi Police have launched an investigation into fresh death threats received by a defence entrepreneur, allegedly from an international extortion network. The threats target Sahil Luthra, MD of Vijayen Trishul Defence Solutions, who reported receiving a threatening voice note.

Gurugram Real Estate Firm Owner Arrested In Land Scam

Gurugram Real Estate Firm Owner Arrested In Land Scam

Rediff.com3 days ago

Gurugram Police have arrested a 50-year-old owner of a real estate firm for allegedly duping people of crores by promising land agreements.

Gurugram Businessman Loses 11 Lakh To Bike-Borne Robbers

Gurugram Businessman Loses 11 Lakh To Bike-Borne Robbers

Rediff.com5 May 2026

A businessman in Gurugram was robbed of 11 lakh by two bike-borne robbers near Sector 10 market on Monday night. The incident was captured on CCTV, and police have registered an FIR and are investigating the case.

Airpay and MSCB Team Up to Expand Digital Payments in Maharashtra's Rural Co-operative Sector

Airpay and MSCB Team Up to Expand Digital Payments in Maharashtra's Rural Co-operative Sector

Rediff.com27 Mar 2026

Airpay Payment Services has partnered with Maharashtra State Co-operative Bank (MSCB) to enable UPI-based digital payments across the lender's network in Maharashtra, aiming to accelerate financial inclusion in rural areas.

India's Services Sector Growth Eases Slightly in Feb

India's Services Sector Growth Eases Slightly in Feb

Rediff.com4 Mar 2026

India's services sector experienced a slight moderation in growth during February, according to the HSBC India Services PMI Business Activity Index, with new order growth slowing and inflation picking up.

New Labour Codes: How a 4-day workweek could become a reality in India

New Labour Codes: How a 4-day workweek could become a reality in India

Rediff.com2 days ago

The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Rediff.com1 days ago

Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.

Why ServiceNow Sees India As A Major Growth Engine

Why ServiceNow Sees India As A Major Growth Engine

Rediff.com7 days ago

ServiceNow, a leading AI platform for business transformation, is highly optimistic about its growth prospects in the Indian market, according to President and Chief Product Officer Amit Zavery.

Woman Molested And Threatened Outside Gurugram Club

Woman Molested And Threatened Outside Gurugram Club

Rediff.com2 May 2026

A young woman was allegedly molested and assaulted outside a club in Gurugram's Sector 65. Police have registered an FIR and are investigating the incident.

NIT Rourkela To Offer New Courses In Emerging Technologies

NIT Rourkela To Offer New Courses In Emerging Technologies

Rediff.com32 minutes ago

NIT Rourkela has announced the launch of four new academic programmes for the 2026-27 session, focusing on emerging technologies such as semiconductors, artificial intelligence, and quantum technologies.

Modi to embark on six-day visit to UAE, Europe

Modi to embark on six-day visit to UAE, Europe

Rediff.com1 days ago

Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.

Govt issues updated SOP for processing FDI applications

Govt issues updated SOP for processing FDI applications

Rediff.com5 May 2026

The Indian government has issued an updated Standard Operating Procedure (SOP) for processing Foreign Direct Investment (FDI) applications, aiming to clear all proposals within 12 weeks, a two-week extension from the previous 10-week target, to ensure a fully paperless and transparent process.

West Bengal BJP Promises Investors A Fearless Environment

West Bengal BJP Promises Investors A Fearless Environment

Rediff.com1 days ago

West Bengal BJP president Samik Bhattacharya advocated a new land policy to facilitate large-scale industrialisation and assured investors of a 'fearless' environment in the state.