News for 'India Project'

India Ranks Among Top 10 Emerging Markets in AI Readiness, Private Investment Soars

India Ranks Among Top 10 Emerging Markets in AI Readiness, Private Investment Soars

Rediff.com6 Oct 2026

India has secured a spot among the top 10 leading emerging-market performers in artificial intelligence (AI) readiness, with private investment in AI more than tripling to USD 4.1 billion in 2025, according to a new World Bank report.

RBI MPC: Rate cuts off the table as inflation concerns mount

RBI MPC: Rate cuts off the table as inflation concerns mount

Rediff.com3 days ago

The Reserve Bank of India's Monetary Policy Committee (MPC) has indicated that rate cuts are improbable in the near term, with headline inflation projected to reach 6 per cent in the third quarter. Minutes from the October meeting reveal growing concerns among members about inflation spreading beyond food and fuel, leading to a shift in policy stance towards calibrated tightening.

Indian Golfers Battle For Cut At DP World India Championship

Indian Golfers Battle For Cut At DP World India Championship

Rediff.com16 Oct 2026

The second round of the DP World India Championship was suspended on Friday due to weather delays, leaving several Indian golfers, including Anirban Lahiri, Saptak Talwar, and Om Prakash Chauhan, in contention to make the cut. Angel Hidalgo, Joost Luiten, and Adrian Meronk share the clubhouse lead, with many players yet to complete their rounds. The cut is expected to be decided on Saturday afternoon as the tournament plays catch-up.

Co-working overtakes IT/ITeS as top office space occupier in India

Co-working overtakes IT/ITeS as top office space occupier in India

Rediff.com14 Oct 2026

For the first time, co-working spaces have surpassed the IT/ITeS sector as the largest occupier of office space in India during the January-September period, indicating a significant shift towards flexible workspaces, according to Anarock Research & Advisory.

Tata's Chip Bet: A Long-Term Play for India's Growth, Says Chandrasekaran

Tata's Chip Bet: A Long-Term Play for India's Growth, Says Chandrasekaran

Rediff.com14 Oct 2026

Tata Sons Chairman N Chandrasekaran views the group's investment in semiconductors not as a short-term financial play, but as a critical long-term commitment to India's growth and self-reliance in a sector vital for domestic consumption and global supply chains.

Adani Group's F1 Ambitions: What Pranav Adani's Singapore GP Visit Means For India

Adani Group's F1 Ambitions: What Pranav Adani's Singapore GP Visit Means For India

Rediff.com13 Oct 2026

Pranav Adani's visit to the Singapore Grand Prix has intensified speculation about Formula 1's return to India. The Adani Group, which owns the Buddh International Circuit, is actively pursuing the revival of the Indian Grand Prix, with support from the Indian government. However, significant financial and logistical challenges, including tax clarity and substantial upgrade costs, must be overcome amidst increasing global competition for hosting races.

How Wadhwani AI Uses AI To Predict Disease Outbreaks

How Wadhwani AI Uses AI To Predict Disease Outbreaks

Rediff.com14 Oct 2026

Wadhwani AI is working on a 'vulnerability mapping' project which determines the probability of a disease breaking out in a particular area during a particular season or time.

India's New Steel Policy Aims for 600 MT Capacity, Decarbonisation by 2047

India's New Steel Policy Aims for 600 MT Capacity, Decarbonisation by 2047

Rediff.com30 Sep 2026

India's government is set to release its draft National Steel Policy for public consultation, aiming for over 600 million tonnes of steelmaking capacity and 500 million tonnes of consumption by 2047. The policy will also introduce a ~5,000-crore scheme to incentivise small steel producers for carbon emission reduction and address challenges like raw material availability and technological dependence.

Army officer's wife booked on charges of spying for China

Army officer's wife booked on charges of spying for China

Rediff.com6 days ago

An Army officer's wife has been booked in Jammu for alleged espionage, accused of using AI tools like ChatGPT and Claude to write analytical papers on sensitive national security issues for Chinese intelligence operatives. The well-qualified freelance researcher, who had an IT internship with the UN, is cooperating with investigators after being intercepted at Jammu Tawi railway station. The probe focuses on her alleged contacts with foreign nationals and the nature of the sensitive documents found on her mobile phone.

Super El Nino Could Cause Thousands Of Heat-Related Deaths In India

Super El Nino Could Cause Thousands Of Heat-Related Deaths In India

Rediff.com26 Sep 2026

A report by the University of Chicago's Energy Policy Institute projects approximately 15,800 additional heat-related deaths in India over the next six months due to the 'super El Nino' phenomenon. Globally, nearly 451,000 additional deaths are anticipated. Experts in India emphasize the need for swift action, including implementing Heat Action Plans and focusing on vulnerable populations, while also urging caution regarding model-based projections.

How Genrobotics Is Taking Its Expertise From Manholes To Space

How Genrobotics Is Taking Its Expertise From Manholes To Space

Rediff.com14 Oct 2026

Keralam-based Genrobotics Innovations, known for its Bandicoot robots used in hazardous underground environments, has secured a project from ISRO's U R Rao Satellite Centre. The company will develop a high-precision articulated boom arm system for satellite missions, marking its entry into advanced aerospace engineering and contributing to India's commercial space programme.

Gandhi Jayanti ahead, PETA India pushes Centre for meat ad ban

Gandhi Jayanti ahead, PETA India pushes Centre for meat ad ban

Rediff.com29 Sep 2026

Ahead of Gandhi Jayanti, People for the Ethical Treatment of Animals India (PETA India) has sent a letter to Union Minister for Information and Broadcasting Ashwini Vaishnaw calling for a nationwide prohibition on billboards, television, online and other advertisements for meat, beginning on October 2.

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.

Why India Is Wooing Sri Lanka's JVP

Why India Is Wooing Sri Lanka's JVP

Rediff.com5 Oct 2026

India's ruling Bharatiya Janata Party (BJP) is actively courting Sri Lanka's Janatha Vimukthi Peramuna (JVP), a Marxist party with strong Sinhalese nationalist roots, marking a significant shift in bilateral relations despite ideological differences. This engagement, highlighted by a recent high-profile visit by JVP leader Tilvin Silva, aims to foster cooperation on economic projects and address New Delhi's concerns over slow progress in India-aided initiatives in the island nation.

S&P, Fitch Raise India's FY27 GDP Growth Forecasts, Anticipate RBI Rate expected

S&P, Fitch Raise India's FY27 GDP Growth Forecasts, Anticipate RBI Rate expected

Rediff.com23 Sep 2026

Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.

India's services sector growth hits 3-month high in September on strong domestic demand

India's services sector growth hits 3-month high in September on strong domestic demand

Rediff.com6 Oct 2026

India's services sector experienced its strongest growth in three months in September, with the HSBC India Services PMI Business Activity Index rising to 55.2, driven by a sharp increase in new orders and strengthening domestic demand.

Jio Platforms IPO set to be India's largest, may list among top 3 stocks

Jio Platforms IPO set to be India's largest, may list among top 3 stocks

Rediff.com6 Oct 2026

Jio Platforms' upcoming initial public offering (IPO) is anticipated to be India's largest to date, potentially listing among the top three stocks with a valuation of around Rs 12 lakh crore, and is expected to proceed without an offer-for-sale as current investors show no interest in diluting their holdings.

Russia backs India's bid for UNSC permanent seat

Russia backs India's bid for UNSC permanent seat

Rediff.com27 Sep 2026

Russian Foreign Minister Sergey Lavrov has publicly supported India's bid for a permanent seat on the United Nations Security Council. He stated that any reform of the UNSC should not grant additional seats to Western countries like Germany and Japan, citing their "militarism and revanchism." Instead, Russia advocates for increased representation from Asia, Africa, and Latin America, specifically backing India and Brazil, while also emphasizing the need to address African interests.

India-Pakistan rivalry lifts Asian Games viewership and revenue

India-Pakistan rivalry lifts Asian Games viewership and revenue

Rediff.com4 Oct 2026

India-Pakistan clashes in cricket and hockey drew big audiences at the Aichi-Nagoya Asian Games, helping fuel stronger viewership and a 20% revenue rise.

SEMICON India 2026: Unpacking India's Strategic Push For Chip Manufacturing

SEMICON India 2026: Unpacking India's Strategic Push For Chip Manufacturing

Rediff.com16 Sep 2026

India is making a significant push to establish itself as a global semiconductor manufacturing hub, driven by strategic investments and policy support. The upcoming SEMICON India 2026 event will showcase the country's advancements and ambitions in this critical industry, which underpins virtually all modern electronic devices and has faced global supply chain vulnerabilities.

'I Got Ramayana Because I Used To Keep Auditioning'

'I Got Ramayana Because I Used To Keep Auditioning'

Rediff.com1 days ago

'These are the little cultures with which Nitesh sir works, Ranbir Kapoor works, Ravie Dubey works, Sai Pallavi, Yash... They are so inspiring when you see them work from such close quarters.'

India must prioritise 'speed of doing business' for sustained growth: CII President

India must prioritise 'speed of doing business' for sustained growth: CII President

Rediff.com17 Sep 2026

India needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.

Amid global uncertainty, RBI raises GDP forecast, lowers inflation projection

Amid global uncertainty, RBI raises GDP forecast, lowers inflation projection

Rediff.com5 Aug 2026

The Reserve Bank of India has marginally increased its GDP forecast for the current fiscal to 6.7 per cent while slightly lowering the inflation projection to 5 per cent. The central bank noted that while domestic economic activity shows resilience, global turbulence, particularly re-escalating conflicts and volatile oil prices, continues to pose risks to the inflation outlook.

Delhi Court Upholds Cheating Proceedings Against M3M Promoters In Rs 450-Crore Land Fraud

Delhi Court Upholds Cheating Proceedings Against M3M Promoters In Rs 450-Crore Land Fraud

Rediff.com10 hours ago

A Delhi court has upheld cheating and criminal conspiracy proceedings against M3M India Pvt Ltd and its promoters in an alleged Rs 450-crore land fraud case. The case involves allegations by MGF Developments Ltd regarding a land exchange deal where M3M allegedly failed to pay the full consideration. While criminal breach of trust charges were set aside, the court directed the trial court to proceed expeditiously on cheating and conspiracy charges.

Nana Patekar's helping hand made this village 'tanker-free'

Nana Patekar's helping hand made this village 'tanker-free'

Rediff.com8 Oct 2026

Following the death of veteran actor Nana Patekar, a Maharashtra village, Dhondalgaon, recalls how his NAAM Foundation funded a water conservation project ten years ago, transforming it from a drought-prone area to a 'tanker-free' and economically thriving community. The project, which involved desilting barrages, boosted agriculture and dairy farming, and eliminated farmer suicides.

Banking system liquidity surplus shrinks as tax outflows bite

Banking system liquidity surplus shrinks as tax outflows bite

Rediff.com2 days ago

India's banking system liquidity surplus has significantly narrowed due to tax outflows, including GST payments, and higher cash reserve ratio balances. This tightening liquidity has pushed the weighted average call rate closer to the RBI's marginal standing facility rate, with market participants anticipating a persistent deficit in the coming months.

Infosys SVP Urges India To 'Invent In India' For Semiconductor Growth

Infosys SVP Urges India To 'Invent In India' For Semiconductor Growth

Rediff.com18 Sep 2026

Infosys Senior Vice President Vikram Meghal stated that India is experiencing a significant demand window in the semiconductor market and must evolve from merely engineering products to inventing complete systems. He highlighted the massive shifts driven by AI and supply chain challenges, urging a focus on "Invent in India" to capture higher value and leverage decades of investment in the ecosystem.

How Young Professionals And Women Are Reshaping India's Investment Landscape

How Young Professionals And Women Are Reshaping India's Investment Landscape

Rediff.com29 Sep 2026

A new EY India report highlights how young professionals, women wealth creators, entrepreneurs, ESOP beneficiaries, and digitally active consumers from Tier-2 and Tier-3 cities are fundamentally changing India's wealth ecosystem. This shift is evidenced by increased participation of young and women investors, a rise in disciplined investing via SIPs, and the crucial role of Digital Public Infrastructure in democratizing access to long-term wealth creation. The report predicts over 100 million new investors by 2035.

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Rediff.com12 Oct 2026

Indian banks are projected to achieve healthy profit growth in the second quarter of financial year 2027 (Q2FY27), driven by lower credit costs, robust advance growth, and fee income. However, net interest margins (NIMs) are expected to face pressure due to significant mobilisation of foreign currency non-resident (bank) FCNR(B) deposits.

MP's third cheetah habitat opens; CM Mohan Yadav releases two felines

MP's third cheetah habitat opens; CM Mohan Yadav releases two felines

Rediff.com7 Oct 2026

Madhya Pradesh Chief Minister Mohan Yadav released two cheetahs, Vyom and Neera, into the Veerangana Durgavati Tiger Reserve, making it the state's third cheetah habitat. This expansion is part of India's Cheetah Project, which has seen the big cat population grow to 60. The initiative aims to boost wildlife tourism and local economies, with the government also supporting villagers through revenue sharing and homestay schemes.

Can India Fix Its Growing Student Housing Crisis?

Can India Fix Its Growing Student Housing Crisis?

Rediff.com22 Sep 2026

India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.

BRICS Summit: India's Dollar Dilemma

BRICS Summit: India's Dollar Dilemma

Rediff.com12 Sep 2026

The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.

RBI Hikes Repo Rate to 5.5%, Raises FY27 Retail Inflation Forecast to 5.2%

RBI Hikes Repo Rate to 5.5%, Raises FY27 Retail Inflation Forecast to 5.2%

Rediff.com7 Oct 2026

The Reserve Bank of India (RBI) has marginally raised its retail inflation forecast for the current fiscal year (FY27) to 5.2 per cent from 5 per cent, citing increasing price pressures across various commodities. Concurrently, the Monetary Policy Committee (MPC) unanimously decided to hike the key interest rate (repo) by 25 basis points to 5.5 per cent, shifting its stance to 'calibrated tightening'.

Microsoft Expands India Footprint With New Hyderabad Cloud Region

Microsoft Expands India Footprint With New Hyderabad Cloud Region

Rediff.com21 Sep 2026

Microsoft has officially launched its fourth cloud region in India, located in Hyderabad, as part of its USD 20.5 billion investment in the country's digital and AI infrastructure. This new facility, which became available on August 6, features zero-water cooling technology and aims to enhance capacity and resilience for organisations in India and Asia, supporting the nation's rapid digital growth and projected increase in data centre capacity.

Moody's upgrades India's FY27 GDP growth to 7%, warns of crude, El Nino inflation

Moody's upgrades India's FY27 GDP growth to 7%, warns of crude, El Nino inflation

Rediff.com18 Sep 2026

Moody's Ratings has sharply increased India's GDP growth forecast for fiscal 2026-27 to 7 per cent, making it the fastest among G20 economies, driven by economic resilience despite the Middle East conflict. However, the agency flagged significant inflation risks stemming from elevated oil prices and potential El Nino disruptions.

Rs 500-cr audio clip sparks row; Jarange alleges plot to crush Maratha stir

Rs 500-cr audio clip sparks row; Jarange alleges plot to crush Maratha stir

Rediff.com3 days ago

Maratha quota activist Manoj Jarange has released an audio clip purportedly claiming a Rs 500 crore payment was delivered to him through Shiv Sena MP Shrikant Shinde, alleging a conspiracy to silence him. This comes a day after Deputy CM Eknath Shinde challenged him to prove similar allegations. Ruling party leaders have hit back, questioning the clip's veracity and demanding a forensic probe, while Jarange insists on a thorough investigation by top state and central leaders.

Vande Bharat zooms at 100 kmph across world's highest Chenab Bridge

Vande Bharat zooms at 100 kmph across world's highest Chenab Bridge

Rediff.com2 Oct 2026

The Vande Bharat Express has successfully achieved a speed of 100 kmph over the world's highest Chenab Railway Bridge and India's first cable-stayed Anji Bridge. This significant speed enhancement on the 111-km Katra-Banihal section of the Udhampur-Srinagar-Baramulla Railway Link project will reduce travel time and improve rail connectivity to the Kashmir Valley.

West Indies CEO Blames 1997 ICC Decision for Cricket's Decline

West Indies CEO Blames 1997 ICC Decision for Cricket's Decline

Rediff.com16 Oct 2026

Cricket West Indies (CWI) CEO Chris Dehring has vehemently criticised the existing revenue model for bilateral cricket series, highlighting that the West Indies receive no financial benefit from their lucrative ongoing white-ball engagement with India.

BrahMos-NG prototype likely by 2027-28; 1,500-km missile on future roadmap

BrahMos-NG prototype likely by 2027-28; 1,500-km missile on future roadmap

Rediff.com3 days ago

BrahMos Aerospace expects to develop the first prototype of its next-generation BrahMos-NG missile by 2027 or 2028, while a missile with a range of 1,500 km remains part of its future roadmap and is currently at the conceptual stage, the company's CEO and managing director Dr Jaiteerth Joshi said.

India, 163 other nations back UN's 'Correct the World map' move; US opposes

India, 163 other nations back UN's 'Correct the World map' move; US opposes

Rediff.com5 Sep 2026

The UN General Assembly has adopted a resolution, backed by India, to correct the world map for a more accurate representation of continental landmasses. The resolution addresses the distortions caused by the widely used Mercator projection, which minimises the perceived sizes of regions like Africa, Latin America, and South Asia, promoting an unbalanced global view. India supports the move towards more accurate cartographic practices, specifically endorsing broader use of Equal Area map projections.