News for 'Reuters Data'

Bindra urges India to act fast ahead of LA Olympics

Bindra urges India to act fast ahead of LA Olympics

Rediff.com4 Oct 2026

Olympic gold medalist Abhinav Bindra congratulated Indian athletes for their Asian Games performance but stressed the critical need to enhance the country's high-performance sports ecosystem. He highlighted the urgency required for preparations, with the Los Angeles Olympics less than two years away, advocating for robust systems that support athletes from early stages to build resilience and ensure timely expert intervention.

SC directs Centre to frame statutory safeguards for minors on social media

SC directs Centre to frame statutory safeguards for minors on social media

Rediff.com28 Sep 2026

The Supreme Court has directed the Centre to explore a statutory framework to ensure social media intermediaries comply with Indian laws regarding minors, particularly concerning their inability to independently enter into contracts. The court highlighted the need for safeguards to protect children from potential harms on digital platforms, including exploitation and misuse of data, and asked the Solicitor General to examine incorporating these requirements into intermediary rules.

Sensex, Nifty surge on falling crude, bank stocks rally

Sensex, Nifty surge on falling crude, bank stocks rally

Rediff.com6 Oct 2026

Indian benchmark indices Sensex and Nifty extended their rally for a second consecutive session, driven by a decline in Brent crude oil prices below USD 100 per barrel and strong buying in banking stocks and Reliance Industries.

Stock Markets Today: Sensex, Nifty Decline as Crude Prices Surge

Stock Markets Today: Sensex, Nifty Decline as Crude Prices Surge

Rediff.com7 Oct 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, ending a two-day rally, driven by a spike in Brent crude oil prices above USD 101 per barrel and investor caution ahead of the Reserve Bank of India's monetary policy decision. Track Sensex, Nifty on October 7.

IBM India MD Sandip Patel: AI Innovation Must Not Be Stifled

IBM India MD Sandip Patel: AI Innovation Must Not Be Stifled

Rediff.com13 Oct 2026

IBM India and South Asia MD Sandip Patel states that technology, especially AI, should not be "artificially paused." He advocates for vigilance and proactive governance to foster innovation while addressing potential risks. Patel also highlights IBM's India-specific initiatives like Bharat Core and a sovereign AI stack, and discusses the impact of AI on jobs and global supply chains.

Small car sales revive on back of GST relief

Small car sales revive on back of GST relief

Rediff.com2 Oct 2026

A year after GST rates were rationalised, retail growth in automobiles has sustained beyond the initial festival surge, led by two-wheelers and passenger vehicles (PVs), with the Fada data showing rural markets emerging as a key driver of the post-GST demand recovery.

Govt investigating reported Tata Electronics data leak

Govt investigating reported Tata Electronics data leak

Rediff.com3 Jul 2026

India's Ministry of Electronics and Information Technology (MeitY) has sought an explanation from WhatsApp regarding its username feature, citing concerns over potential cybercrime facilitation. Concurrently, the ministry is investigating reported data leak allegations involving Tata Electronics, a key supplier for Apple's iPhone components in India. MeitY is also exploring techno-legal solutions for VPNs to address challenges posed by unregistered providers operating from outside India.

Supreme Court Lawyer Detained For Being At Protest Site!

Supreme Court Lawyer Detained For Being At Protest Site!

Rediff.com13 Oct 2026

Harvard trained lawyer Shahdan Farasat's detention by the Delhi police at Saturday's protest has ignited a crucial debate on the shrinking space for peaceful dissent and the protection of democratic rights.

Kerala Police To Strengthen Cyberdome, Introduce Indigenous Robots For Public Safety

Kerala Police To Strengthen Cyberdome, Introduce Indigenous Robots For Public Safety

Rediff.com9 Oct 2026

Kerala Home Minister Ramesh Chennithala announced plans to strengthen the state police's Cyberdome to combat cybersecurity threats and deploy indigenously developed robots for traffic management and disaster response. He emphasised the need for coordinated efforts to address growing cyber challenges and protect critical infrastructure, while also highlighting the role of the CoCoN conference in sharing knowledge.

Zoho Launches Unified AI Interface Zia Chat And Seven New Vertical SaaS Products

Zoho Launches Unified AI Interface Zia Chat And Seven New Vertical SaaS Products

Rediff.com23 Sep 2026

Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions by providing a single conversational platform for information, lead generation, and data analysis. Concurrently, the company has expanded into vertical SaaS with seven new industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a homegrown alternative to global tech giants.

Premium Office Rents Surge in Mumbai, Delhi-NCR Due to Supply Constraints

Premium Office Rents Surge in Mumbai, Delhi-NCR Due to Supply Constraints

Rediff.com28 Sep 2026

Large office leases in Mumbai and Delhi-NCR are commanding premium rentals in key micro-locations, driven by a scarcity of quality Grade-A space and sustained occupier demand, according to real estate consultants.

Can top professionals fall for cyber fraud? IIT Madras study says...

Can top professionals fall for cyber fraud? IIT Madras study says...

Rediff.com29 Sep 2026

An IIT Madras study reveals that financial cybercrime victims in India are often highly educated professionals, challenging the notion that only careless or financially unaware individuals are targeted. The research highlights that digital literacy doesn't guarantee protection, as fraudsters exploit stress and emotional vulnerabilities.

Used-Car Sales Set to Surge 15 per cent This Festive Season

Used-Car Sales Set to Surge 15 per cent This Festive Season

Rediff.com13 Oct 2026

More than 40 per cent of Cars24's sales are now linked to rural registration and transport office (RTO) locations, although procurement remains concentrated in urban markets.

'Baseless': India rejects Elon Musk's Starlink blocking claim

'Baseless': India rejects Elon Musk's Starlink blocking claim

Rediff.com8 Oct 2026

The Indian government has strongly refuted Elon Musk's allegations that Starlink's satellite communication services are being blocked in the country, asserting that a fair and non-discriminatory regulatory framework is in place for all telecom providers. The government emphasised that compliance with security norms is mandatory for all licensees, including Starlink, Jio Satcom, and Eutelsat OneWeb, all of whom are currently undergoing security assessments.

Mumbai-Navi Mumbai Flight Shift Put On Hold

Mumbai-Navi Mumbai Flight Shift Put On Hold

Rediff.com7 Oct 2026

The process agreed on Tuesday will require MIAL to first build stakeholder agreement on the transition before taking the plan through the regulatory approval process.

Electric PV Sales Nearly Double In September; E-Two-Wheeler Sales Rise 89%

Electric PV Sales Nearly Double In September; E-Two-Wheeler Sales Rise 89%

Rediff.com13 Oct 2026

September marked India's highest-ever monthly EV retail volume. More than one in nine two-wheelers retailed in September was electric.

India's Domestic Air Passenger Traffic Falls 6.34% in August

India's Domestic Air Passenger Traffic Falls 6.34% in August

Rediff.com23 Sep 2026

India's domestic air passenger traffic experienced a 6.34 per cent year-on-year decline in August, reaching 121.26 lakh passengers, according to data released by the Directorate General of Civil Aviation (DGCA).

Geopolitical tensions, inflation data to dictate gold and silver prices

Geopolitical tensions, inflation data to dictate gold and silver prices

Rediff.com13 Jul 2026

Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.

Nasscom President Highlights AI's Transformative Role In India's BPM Sector

Nasscom President Highlights AI's Transformative Role In India's BPM Sector

Rediff.com30 Sep 2026

Nasscom President Rajesh Nambiar stated that artificial intelligence is not making India's Business Process Management (BPM) industry obsolete but is instead driving its significant reinvention. He highlighted that the sector has an opportunity to become the world's "intelligent operations and transformation hub" by leveraging AI, analytics, and cloud-based operations, moving beyond traditional call centres. Nambiar outlined three key priorities for the industry, including reimagining processes, building hybrid human-AI operating models, and redefining India's global BPM representation.

Employers can now claim ITC on group health, life insurance for staff

Employers can now claim ITC on group health, life insurance for staff

Rediff.com9 Oct 2026

The Goods and Services Tax (GST) Council has announced that Input Tax Credit (ITC) will now be available on health and life insurance policies provided by employers to their employees, a move expected to significantly reduce costs for businesses, especially MSMEs.

HSBC emerges as top international bank for Indian corporate fundraising

HSBC emerges as top international bank for Indian corporate fundraising

Rediff.com12 Oct 2026

HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.

UPI Usage Holds Firm Despite MDR Backlash

UPI Usage Holds Firm Despite MDR Backlash

Rediff.com1 Oct 2026

UPI processed an average 802 million transactions a day in September, about 1 per cent more than the 792 million a day over the same period in August.

Stock Markets Today: Sensex, Nifty Higher on Bank Stocks, RIL

Stock Markets Today: Sensex, Nifty Higher on Bank Stocks, RIL

Rediff.com6 Oct 2026

Indian benchmark indices, Sensex and Nifty, extended their rally in early trade, driven by strong buying in bank stocks, Reliance Industries, and positive global cues, despite foreign institutional investors offloading equities.

How AI And Digitalisation Can Revolutionise Indian Mining

How AI And Digitalisation Can Revolutionise Indian Mining

Rediff.com18 Sep 2026

A member of the Parliamentary Standing Committee on Coal, Mines & Steel, Sasmit Patra, highlighted the transformative potential of AI and digital technologies in making India's mining and metals sector more productive, transparent, and globally competitive. He emphasised their role in enhancing efficiency, safety, sustainability, and community engagement.

RBI's 'Calibrated Tightening' Drags Indian Markets Lower Amid Global Headwinds

RBI's 'Calibrated Tightening' Drags Indian Markets Lower Amid Global Headwinds

Rediff.com8 Oct 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the Reserve Bank of India's (RBI) recent repo rate hike and its signal for continued monetary tightening, coupled with rising crude oil prices and foreign fund outflows. Track Sensex, Nifty on October 8.

Zoho Launches AI-Powered Zia Chat And Industry-Specific SaaS Solutions

Zoho Launches AI-Powered Zia Chat And Industry-Specific SaaS Solutions

Rediff.com23 Sep 2026

Homegrown software company Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions. Alongside this, Zoho announced its entry into vertical SaaS with seven industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a 'Swadeshi' alternative to global tech giants.

RBI's Net Short Dollar Position Soars to Record $200 Billion in August

RBI's Net Short Dollar Position Soars to Record $200 Billion in August

Rediff.com1 Oct 2026

The Reserve Bank of India's outstanding net short dollar position in the forward book surged to a record $200.06 billion at August-end, up from $136.77 billion at July-end, primarily driven by FCNR(B) flows.

Sadhna Group Chairman Held In Major Money Laundering Probe

Sadhna Group Chairman Held In Major Money Laundering Probe

Rediff.com10 Oct 2026

The Enforcement Directorate has arrested Rakesh Kumar Gupta, Chairman of Sadhna Group, in a money laundering case linked to alleged irregularities in IBC processes. He is accused of engineering insolvency to settle significant Income Tax dues for a fraction of the amount, receiving cash via crypto/hawala, and share manipulation. The alleged proceeds of crime total Rs 168 crore, and Gupta has been remanded to five days of ED custody.

'400 times the cost': SC slams govt over drug pricing, asks to cap all medicines

'400 times the cost': SC slams govt over drug pricing, asks to cap all medicines

Rediff.com12 Oct 2026

The Supreme Court expressed dissatisfaction with the Centre's cap on anti-cancer drug trade margins, questioning why similar controls aren't applied to other medicines. The court highlighted significant markups on common drugs and medical devices, urging the government to expand its price regulation efforts and present modalities by October 27.

'People may have to wear face masks in next 25 years if...'

'People may have to wear face masks in next 25 years if...'

Rediff.com5 Oct 2026

Former Supreme Court Justice Abhay Oka warned that major cities might be forced to adopt mandatory face mask usage within 20-25 years due to environmental degradation. He stressed that protecting the environment is a fundamental constitutional duty, countering the misconception that humans own the Earth. Justice Oka also encouraged students to study law and use AI responsibly.

GST Council allows small online sellers to use warehouses in other states

GST Council allows small online sellers to use warehouses in other states

Rediff.com12 Oct 2026

India's GST Council has approved changes allowing small online sellers to register in states without physical premises by using an e-commerce operator's warehouse as their principal place of business, aiming to boost national sales for small businesses.

How India Is Poised For A Major Tech Transformation

How India Is Poised For A Major Tech Transformation

Rediff.com10 Oct 2026

Atomic Energy Commission chairman Ajit Kumar Mohanty stated that India is on the verge of a significant technological transformation, driven by advancements in AI, quantum technologies, and other fields. Speaking at BIT Mesra's convocation, he emphasised the need for strong indigenous capabilities, skilled professionals, and interdisciplinary collaboration to achieve a developed India. Other speakers, including BIT Mesra's Chancellor and Vice Chancellor, echoed the importance of continuous learning and contributing to national progress.

Neuroticism Linked To Higher Mental Distress During Crises

Neuroticism Linked To Higher Mental Distress During Crises

Rediff.com8 Oct 2026

A new US study reveals that individuals with high neuroticism are more susceptible to prolonged mental distress during crises like the COVID-19 pandemic. The research, based on over 100,000 survey responses, found that neuroticism significantly increased anxiety and depression symptoms, persisting even into the post-pandemic period. The findings suggest personality traits can help identify vulnerable groups for targeted mental health support.

RBI Governor expects surplus liquidity to drain by FY27

RBI Governor expects surplus liquidity to drain by FY27

Rediff.com9 Oct 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that surplus liquidity in the banking system is expected to drain within the current financial year, utilising tools like currency leakage, sell-buy swaps, open market operations (OMOs), and variable rate operations.

How Much Did FPIs Sell In September?

How Much Did FPIs Sell In September?

Rediff.com8 Oct 2026

They had bought Rs 29,631 crore worth of shares in August.

Sensex drops 429 points as RBI hikes rates, crude prices surge

Sensex drops 429 points as RBI hikes rates, crude prices surge

Rediff.com7 Oct 2026

Indian stock markets closed lower, with the Sensex falling 429 points, after the Reserve Bank of India raised its benchmark interest rate for the first time in nearly four years, coupled with rising crude oil prices and persistent foreign fund outflows.

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'.

23 Indians rescued after tanker attacked in Russian waters

23 Indians rescued after tanker attacked in Russian waters

Rediff.com7 Oct 2026

A Liberia-flagged oil tanker, Aframax Rio, carrying 23 Indian nationals, was attacked by drone boats off Russia's Black Sea coast near Sochi. All crew members were safely evacuated, though a significant fire is burning. The incident highlights escalating risks to commercial shipping in the Black Sea amid the Russia-Ukraine conflict, prompting India to express grave concern over attacks on international waterways.

Modi should resign for 'pressuring' CEC Gyanesh Kumar: Kharge

Modi should resign for 'pressuring' CEC Gyanesh Kumar: Kharge

Rediff.com29 Sep 2026

Congress president Mallikarjun Kharge has called for the immediate removal of Chief Election Commissioner Gyanesh Kumar and demanded Prime Minister Narendra Modi's resignation, citing alleged irregularities in electoral rolls and the poll process. Kharge outlined five key demands for electoral transparency and pledged that the Congress party would protest both on the streets and in Parliament.

'Pilot stabbed': Flydubai jet to Israel lands in Saudi after cockpit chaos

'Pilot stabbed': Flydubai jet to Israel lands in Saudi after cockpit chaos

Rediff.com30 Sep 2026

A flydubai flight from Dubai to Tel Aviv made an emergency landing in Tabuk, Saudi Arabia, after an apparent altercation in the cockpit. Israeli officials confirmed a "severe disaster" was averted, with initial fears of a hijacking prompting fighter jet deployment. Passenger accounts described panic and a pilot being stabbed, though the exact circumstances remain under investigation.