News for 'Indian IT Industry'

Govt cuts excise duty on petrol to Rs 3 per litre, exempts diesel

Govt cuts excise duty on petrol to Rs 3 per litre, exempts diesel

Rediff.com27 Mar 2026

The Indian government has reduced excise duty on petrol and diesel to mitigate the impact of rising global crude prices, triggered by geopolitical tensions in the Middle East. This move aims to provide relief to consumers and oil companies amidst volatile international oil markets.

Iran-Israel Conflict Halts Dubai Weddings

Iran-Israel Conflict Halts Dubai Weddings

Rediff.com13 Mar 2026

With Gulf countries emerging as popular destinations for Indian weddings and pre-wedding shoots, the March-April season had seen a flurry of bookings.

Indian pharma companies see sharp drop in adverse USFDA findings in 2025

Indian pharma companies see sharp drop in adverse USFDA findings in 2025

Rediff.com8 Jan 2026

The US Food and Drug Administration (USFDA) recorded a significant decline in serious regulatory findings at Indian drug manufacturing facilities between January and December 2025. Data reveals that 'official action indicated' (OAI) cases - the most severe classification - nearly halved over the past year.

AI is fast becoming central to how drugs will be discovered

AI is fast becoming central to how drugs will be discovered

Rediff.com25 Feb 2026

Artificial intelligence (AI) is no longer a side conversation for Indian pharma. It is fast becoming central to how drugs will be discovered, made, and supplied. Along with that shift comes a sharper focus on innovation, on the one hand, and quality and trust, on the other.

SCARY! India's Graduates Face Job Crunch

SCARY! India's Graduates Face Job Crunch

Rediff.com18 Mar 2026

Less than half of all graduates were employed, with 48.8 per cent reporting some form of work.

IIT Kharagpur to Open School of Digital Learning, AI and Machine Learning

IIT Kharagpur to Open School of Digital Learning, AI and Machine Learning

Rediff.com3 Mar 2026

The Indian Institute of Technology Kharagpur has announced the launch of a new school dedicated to digital learning, applied artificial intelligence, and machine learning, supported by a significant philanthropic commitment.

Gulf Conflict: 300,000 Jobs At Risk

Gulf Conflict: 300,000 Jobs At Risk

Rediff.com17 Mar 2026

'If movement remains stalled for three to four months, more than 300,000 recruitments from India could be affected.'

India's Reliance On Strait Of Hormuz Exceeds Global Average

India's Reliance On Strait Of Hormuz Exceeds Global Average

Rediff.com10 Apr 2026

'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'

Semaglutide Ruling Sparks Generic Pharma Boom

Semaglutide Ruling Sparks Generic Pharma Boom

Rediff.com24 Mar 2026

At the heart of this debate is Section 3(d) of the Patents Act, a safeguard designed to prevent drugmakers from extending monopoly protection through trivial modifications to existing medicines.

Fuel emission relief for small cars leaves industry divided

Fuel emission relief for small cars leaves industry divided

Rediff.com24 Nov 2025

A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote.

Market Volatility: What Investors Must Do

Market Volatility: What Investors Must Do

Rediff.com27 Mar 2026

Do not exit in panic or buy falling stocks without reassessing fundamentals; instead, build a watchlist and invest gradually with a disciplined, long-term approach.

Sugar industry relieved as Centre allows 1.5 mt import

Sugar industry relieved as Centre allows 1.5 mt import

Rediff.com18 Nov 2025

Amid the political push and pull, the Centre's decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow.

'Jag Laadki' carrying 80,886 MT of crude oil reaches Mundra port

'Jag Laadki' carrying 80,886 MT of crude oil reaches Mundra port

Rediff.com18 Mar 2026

Indian-flagged vessels are navigating the Strait of Hormuz safely despite ongoing tensions in the region, ensuring the continued flow of vital energy supplies to India.

India Adopts Balanced AI Regulatory Approach

India Adopts Balanced AI Regulatory Approach

Rediff.com3 Mar 2026

An Indian AI Research Organisation official says India has adopted a balanced and pragmatic approach to AI regulation, avoiding the extremes of the US and EU models.

Will Iran Have The Last Laugh In The Gulf War?

Will Iran Have The Last Laugh In The Gulf War?

Rediff.com27 Mar 2026

16 days into the war, US forces were already running out of ground-attack missiles and Israel is about to expend its entire Arrow interceptor missiles by end March. To be sure, the Iranians are watching closely and that explains their defiant stance that 'Iran will end the war when it decides to do so and when its conditions are met', notes Ambassador M K Bhadrakumar.

'Globalisation not harming Indian industries'

'Globalisation not harming Indian industries'

Rediff.com21 Jan 2003

Tamil Nadu Governor P S Ramamohan Rao today disagreed with the contention that the Indian industries were slowly perishing due to globalisation and entry of multi-national companies.

Govt says fuel stocks adequate, warns against panic buying

Govt says fuel stocks adequate, warns against panic buying

Rediff.com24 Mar 2026

The Indian government has reassured citizens that the country has sufficient reserves of petrol, diesel, and LPG, and that refineries are operating at high capacity despite global supply chain disruptions. They have urged citizens to avoid panic buying and hoarding.

Two ships with crude, LPG to reach India on Tuesday; one docks in Guj

Two ships with crude, LPG to reach India on Tuesday; one docks in Guj

Rediff.com16 Mar 2026

An Indian-flagged crude oil tanker, Jag Laadki, safely sailed from the UAE's Fujairah port despite an attack on the terminal and is scheduled to reach India. The Indian government is working to ensure the safe passage of remaining Indian-flagged vessels in the region.

Iran war impact: LPG shortage threatens hotels, restaurants closures across India

Iran war impact: LPG shortage threatens hotels, restaurants closures across India

Rediff.com10 Mar 2026

Indian restaurants are grappling with a severe LPG shortage due to the West Asia conflict, forcing them to innovate with menus and cooking methods or face potential closures, impacting the food industry and consumers across the country.

DGCA Gets New Chief After Turbulent Year

DGCA Gets New Chief After Turbulent Year

Rediff.com1 Apr 2026

Events from mid-2025 to early 2026 exposed deeper systemic concerns for India's aviation safety architecture.

AI Summit: RIL, Adani, Tata, Google, Lightspeed pledged $240 bn investment

AI Summit: RIL, Adani, Tata, Google, Lightspeed pledged $240 bn investment

Rediff.com2 Mar 2026

The India AI Impact Summit 2026 saw investment pledges of USD 240 billion from major players like Reliance, Adani, Google, Lightspeed Ventures, and Tata, signalling a significant boost to India's AI infrastructure and development.

How AI Is Changing The Gulf War

How AI Is Changing The Gulf War

Rediff.com24 Mar 2026

AI reduces the time taken to find a target and launch a strike. This has led to a major increase in the pace of the conflict, with one report mentioning nearly 900 strikes launched on Iranian targets in the first 12 hours of an operation.

Budget 2026: Time To Fix The Weak Link In R&D Ecosystem

Budget 2026: Time To Fix The Weak Link In R&D Ecosystem

Rediff.com31 Jan 2026

Restoring weighted tax deductions and adopting a petty patents regime can foster firm-level innovative activity critical for competitiveness, points out Nagesh Kumar.

Tata Group, TCS Join Forces with OpenAI to Develop AI Infrastructure in India

Tata Group, TCS Join Forces with OpenAI to Develop AI Infrastructure in India

Rediff.com19 Feb 2026

The Tata Group and TCS have announced a multi-dimensional partnership with OpenAI to build AI infrastructure, offer joint solutions, and train Indian youth, aiming to position India as a global AI hub.

Earnings upgrade to downgrade ratio improved after Q3

Earnings upgrade to downgrade ratio improved after Q3

Rediff.com3 Apr 2026

There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.

Private Banks Face CEO Talent Crunch

Private Banks Face CEO Talent Crunch

Rediff.com30 Mar 2026

What is the reason behind this drying up of talent for the top post in private banks?

Stock Markets Today March 25, 2026: Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Stock Markets Today March 25, 2026: Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Rediff.com25 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Textile Recycling Market in India to Reach USD 3.5 Billion by 2030

Textile Recycling Market in India to Reach USD 3.5 Billion by 2030

Rediff.com10 Mar 2026

A new report indicates that India's textile recycling market is projected to reach USD 3.5 billion by 2030, potentially creating one lakh green jobs. The report highlights the current state of textile waste management and opportunities for circularity in the Indian textile industry.

Airfares May Rise as Jet Fuel Price Surge

Airfares May Rise as Jet Fuel Price Surge

Rediff.com1 Apr 2026

Aviation Turbine Fuel (ATF) prices have more than doubled to a record high, impacting airlines and consumers, while commercial LPG rates also see a significant increase.

India turns to US, Russia, Africa for oil as Middle East conflict escalates

India turns to US, Russia, Africa for oil as Middle East conflict escalates

Rediff.com8 Mar 2026

Indian refiners are negotiating for additional crude cargoes from the US, Russia, and West Africa to ensure adequate supplies amid Middle East tensions. Refineries are maintaining normal processing rates and deferring maintenance to build reserves. The move comes as conflict impacts tanker movements through the Strait of Hormuz, a key energy transit route.

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

Rediff.com23 Mar 2026

Indian investors have seen their wealth erode by a staggering Rs 48.29 lakh crore since the West Asia war began on February 28, leading to a significant downturn in the BSE Sensex and NSE Nifty, driven by geopolitical tensions and rising crude oil prices.

Thailand: Always A Place To Return To

Thailand: Always A Place To Return To

Rediff.com7 Apr 2026

Discovering the stunning land of breathtaking temples.

Stock Market Crash: 4 Lakh Crore Wiped Out as Sensex Falls 800 Points, Nifty Near 23,000

Stock Market Crash: 4 Lakh Crore Wiped Out as Sensex Falls 800 Points, Nifty Near 23,000

Rediff.com27 Mar 2026

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Rediff.com27 Mar 2026

Benchmark indices Sensex and Nifty tumbled in early trade on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Track Sensex, Nifty50 movement and key market drivers for March 27, 2026.

10K surrender in 10 yrs: Are Maoists in their last mile?

10K surrender in 10 yrs: Are Maoists in their last mile?

Rediff.com29 Mar 2026

A combination of security pressure and rehabilitation efforts has significantly weakened Naxalism in India, leading to numerous surrenders and the elimination of key leaders.

New Zealand opens longer work visas for Indian students

New Zealand opens longer work visas for Indian students

Rediff.com22 Dec 2025

New Zealand has liberalised mobility provisions under the concluded trade pact, enabling Indian students to access longer post-study work visas and allowing 5,000 Indian professionals, including yoga instructors and chefs, to work in the Oceania country.

Ever Notice These Bollywood Easter Eggs?

Ever Notice These Bollywood Easter Eggs?

Rediff.com2 Apr 2026

Eagle-eyed movie buffs don't miss a thing. Part of their passion for cinema is noticing clever little details slipped in by the filmmaker as ardently as the creative. With Easter Sunday just around the corner, Sukanya Verma digs up some super filmi easter eggs just for you.

How Devanshi Patel Designed Allu Sirish's Wedding

How Devanshi Patel Designed Allu Sirish's Wedding

Rediff.com20 Mar 2026

Devanshi Patel turned her passion for storytelling and celebrations into Shreem Events, one of India's sought-after wedding planning companies.

The New Study Abroad Hotspot For Indian Students...

The New Study Abroad Hotspot For Indian Students...

Rediff.com23 Dec 2025

MEA data show that the number of Indian students in the UAE in 2025 was 253,832, just behind the United States with 255,447 students, and Canada being on top at 427,085.

Steel industry flags price pressure from cheap imports

Steel industry flags price pressure from cheap imports

Rediff.com27 Oct 2025

Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.