A SAP study reveals that Indian enterprises are rapidly moving from AI experimentation to value-driven implementation, positioning India as a global leader in enterprise AI adoption. Indian organisations plan significant investments in AI, with projected fivefold growth in Agentic AI returns and a high percentage of businesses having defined AI strategies and dedicated AI leaders.
Odisha Police's Crime Branch has arrested three individuals from New Delhi and Uttarakhand in connection with two major cyber fraud cases totalling Rs 2.78 crore. The cases involved impersonation as cyber crime officers and fraudulent investment schemes, leading to significant financial losses for victims.
Food delivery and e-commerce platform magicpin aims to expand its AI assistant, Vera's, merchant base to over 1 million by the end of 2026. Launched three months ago, Vera already supports over 5 lakh merchants by providing real-time order insights and has facilitated over 50 lakh interactions across various business verticals. The company has invested USD 1 million in its AI stack and plans further enhancements to Vera's capabilities.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
AI-driven job disruption, rising debt, shrinking savings and a changing global economy are reshaping India's middle class. Saurabh Mukherjea discusses jobs, entrepreneurship, investing and the future of India's economic growth on THE REDIFF PODCAST.
Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.
Pune police have dismantled a large online gaming racket that defrauded individuals by luring them to invest in fake gaming apps. Two key individuals have been arrested, and a case registered against 12 people. The operation involved a call centre with 120 employees, and police seized substantial amounts of cash, gold, silver, computers, mobile phones, and a pistol during raids.
The Delhi High Court has quashed cases registered by the Delhi Police and the Enforcement Directorate against news portal NewsClick and its editor-in-chief Prabir Purkayastha, citing that the continuation of the FIR was 'a gross abuse of the process of law' and the investment was an economic decision that 'did not spell out any criminal offence'.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
A significant structural shift is underway in India's gold market, with investment purchases projected to account for 35-40 per cent of total consumption by FY27, driven by geopolitical uncertainty, price momentum, and portfolio diversification.
"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.
The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.
West Bengal Chief Minister Suvendu Adhikari outlined his government's priorities, focusing on strengthening the state's economy, attracting investment to create jobs, and improving law and order. He criticised the previous administration for alleged corruption and appeasement politics, while highlighting initial successes in border management and reducing criminal activities.
'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'
Why would a country that requires close to $90 billion in net foreign capital annually to create jobs, build productive capacity, and sustain rapid growth permit $30 billion of capital to flow abroad, thereby contributing to pressure on the rupee? asks Debashis Basu.
'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'
Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.
Foreign Portfolio Investors (FPIs) have withdrawn nearly Rs 43,000 crore from Indian equities in the first week of June, contributing to a total outflow of Rs 2.67 lakh crore in 2026, driven by a global shift towards technology and AI-linked opportunities and persistent rupee depreciation.
Newly appointed Bengal Industries Minister Tapas Roy has announced ambitious plans to attract significant investments, particularly from the Tata Group, to revive industrial growth in West Bengal. He aims to restore investor confidence, bring back businesses that left the state, and create an industry-friendly environment focused on manufacturing, services, and renewable energy.
Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
In April alone, they snapped up shares worth Rs 19,664 crore, recording their biggest buy since October 2024.
Delhi Police have arrested two individuals for allegedly defrauding a 25-year-old man of Rs 1.46 lakh through a fake online investment scheme. The accused lured the victim with promises of high returns for completing online tasks.
The Enforcement Directorate (ED) is set to appeal the Delhi High Court's decision to quash a money laundering case against news portal NewsClick and its editor-in-chief Prabir Purkayastha, arguing that the High Court 'overlooked or left unaddressed' critical contentions regarding alleged FDI rule violations and false representations to authorities.
Indian benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global rally and a sharp decline in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
India achieved a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, primarily boosted by robust services exports and increased remittances from overseas Indians, according to recent Reserve Bank of India data.
Indore police have busted a gang involved in investment fraud, arresting five individuals and uncovering links to a WhatsApp account operated from Cambodia.
The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.
Delhi Police have arrested two individuals from Haryana for their alleged involvement in facilitating cyber fraud through mule bank accounts. The arrests were made during an investigation into an online investment scam that defrauded a senior citizen of over Rs 1.69 lakh.
Andhra Pradesh is spearheading an ambitious initiative to establish a fully integrated beach sand minerals, rare earth, and titanium ecosystem, aiming to attract over 50,000 crore in investments over the next decade. This move is part of India's broader strategy to reduce its reliance on China for strategic minerals and permanent magnets, with the state preparing a comprehensive rare earth policy and planning specialised industrial clusters.
Delhi Police's Economic Offences Wing (EOW) has arrested Shiv Nandan Singh Yadav, a proclaimed offender, in connection with a multi-crore real estate fraud. Yadav was wanted in nine FIRs for allegedly duping investors in a housing project that never materialised.
Amazon has launched its next-generation Proteus robot in European fulfilment centres to assist employees with physically demanding tasks. This initiative is part of a broader 10 billion euro investment to modernise operations and create 25,000 new jobs, with Proteus using natural language commands for seamless human-robot collaboration.
Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.
LAMF allows investors to access liquidity while staying invested.
A new report by ADP reveals that one in two Indian companies plan to adopt AI-powered payroll systems within the next 12 months, driven by the need for automation in workforce management, compliance, and compensation decisions. However, firms are increasingly cautious about data protection risks, especially with the implementation of the Digital Personal Data Protection (DPDP) Act, 2023.
Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.
Hyundai Motor India Ltd (HMIL) announced plans to make Tamil Nadu its 'flagship EV hub for India', committing over 26,000 crore in investment, enhancing localisation, and creating approximately 2,000 additional jobs over the next five to six years. The company will roll out two new EV models from its Chennai facility this year, including its first mass-market dedicated EV.
The first thing cardholders should do after spotting a suspicious charge is block the card.
The Enforcement Directorate has issued a fresh summons to Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, for questioning on June 17 in a money laundering case involving Cochin Minerals and Rutile Ltd (CMRL). The probe focuses on alleged payments of Rs 2.78 crore from CMRL to Veena's IT firm, Exalogic Solutions, without services rendered, and loans from an associated company.
Commerce and Industry Minister Piyush Goyal announced that India expects to operationalise nine free trade agreements (FTAs) within the next 10 months, with plans for an additional three to four significant pacts over the coming year, reinforcing India's ambition to become a global manufacturing and investment hub.
The India-Oman free trade agreement, operationalised on June 1, is set to create significant export opportunities for India's labour-intensive and value-added sectors, including textiles, gems and jewellery, and marine products, while also strengthening energy security.
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