News for 'Reuters Data'

Jio Platforms IPO Set for October End Listing, Valued at $143-146 Billion

Jio Platforms IPO Set for October End Listing, Valued at $143-146 Billion

Rediff.com4 Oct 2026

Digital services major Jio Platforms is anticipated to list on the stock exchange by the end of October, with an estimated enterprise valuation of USD 143-146 billion, making it India's largest public offer at around USD 3.8 billion.

IIT Gandhinagar Students Create AI System To Protect Critical Infrastructure

IIT Gandhinagar Students Create AI System To Protect Critical Infrastructure

Rediff.com23 Sep 2026

Two IIT Gandhinagar students have developed "TrustGate," an AI-based cybersecurity system designed to protect critical infrastructure like water treatment plants and power grids. The system uniquely combines network traffic and physical sensor data to detect sophisticated cyber attacks, identify affected equipment, and provide real-time alerts to operators, earning them an international award.

Economic Think Tank Urges Government To Scrap UPI Charges

Economic Think Tank Urges Government To Scrap UPI Charges

Rediff.com8 Oct 2026

Economic think tank GTRI has urged the Indian government to withdraw the proposed UPI charges, set to begin on October 15, arguing that the digital payment system should remain free for merchants and consumers. GTRI warns that these charges could lead to higher prices, reduced earnings for small businesses, and weakened household demand, while also benefiting international card networks by eroding UPI's price advantage. The think tank also called for an independent audit of UPI's running costs.

India's Forex Reserves Plunge by $18.34 Billion

India's Forex Reserves Plunge by $18.34 Billion

Rediff.com2 Oct 2026

India's foreign exchange reserves experienced a substantial drop of USD 18.343 billion, settling at USD 747.557 billion for the week ending September 25, according to the Reserve Bank of India.

Mutual Funds Record 5% AUM Growth in Q2 FY27 Despite Equity Market Volatility

Mutual Funds Record 5% AUM Growth in Q2 FY27 Despite Equity Market Volatility

Rediff.com7 Oct 2026

Indian mutual funds experienced a nearly 5 per cent growth in average quarterly assets under management (QAAUM) in the second quarter of FY27, reaching approximately ~87.2 trillion, despite significant equity market turbulence and corrections in largecap and some debt segments.

How to choose the right IPO? Essential tips for investors

How to choose the right IPO? Essential tips for investors

Rediff.com29 Sep 2026

An IPO can create excitement, particularly when you see a new issue attracting strong interest from investors. But popularity alone does not make an IPO suitable for every investor. Before you apply, it's crucial to scrutinise the financial performance, risk profile, and valuation of the company. Ultimately, your objective should be choosing a company that aligns with your financial goals.

HCLTech Study Reveals Wealth Management Firms Unprepared For AI Transition

HCLTech Study Reveals Wealth Management Firms Unprepared For AI Transition

Rediff.com28 Sep 2026

A new HCLTech study reveals that 84% of global wealth management firms recognise the need to redesign their operating models for AI, yet less than 10% are prepared for the transition. The report identifies "blind spots" in ambition, execution, and strategy, hindering effective AI implementation and measurable business outcomes.

Botanists Uncover Unique Plant In Arunachal Pradesh's Shi-Yomi District

Botanists Uncover Unique Plant In Arunachal Pradesh's Shi-Yomi District

Rediff.com29 Sep 2026

Botanists have discovered a new plant species, Didymocarpus nautiyalii, in Arunachal Pradesh's Shi-Yomi district. This small herb, found in subtropical evergreen forests, features leathery leaves and bluish-purple flowers. Named after Prof Sunil Nautiyal, the species is currently assessed as Data Deficient by IUCN, prompting calls for further research and conservation efforts.

US moves to strip citizenship of 40, including Indian-origin man

US moves to strip citizenship of 40, including Indian-origin man

Rediff.com6 Oct 2026

The US Department of Justice has initiated its largest denaturalisation effort in modern history, targeting 40 individuals for various serious offences, including fraud and espionage. Among those facing citizenship revocation is Balwinder Singh of California, accused of using a fraudulent identity, and Jinchao Wei, a former US Navy sailor convicted of espionage for China.

Bharti Airtel's Homegrown Cloud Platform Secures 40 Customers, Targets Manufacturing Sector

Bharti Airtel's Homegrown Cloud Platform Secures 40 Customers, Targets Manufacturing Sector

Rediff.com20 Sep 2026

Bharti Airtel's homegrown cloud platform, Airtel Cloud, has acquired approximately 40 customers within a year of its launch, with a significant portion coming from the manufacturing sector. The platform, designed for Indian companies, offers sovereign, telco-grade cloud infrastructure, connectivity, and GenAI-based provisioning, addressing the growing demand for secure, India-hosted data solutions, particularly for sensitive workloads and regulated sectors.

India's Forex Reserves Dip by $4.92 Billion Amidst Fall in FCA, Gold

India's Forex Reserves Dip by $4.92 Billion Amidst Fall in FCA, Gold

Rediff.com18 Sep 2026

India's foreign exchange reserves decreased by $4.92 billion to $780.78 billion for the week ending September 11, primarily due to a reduction in foreign currency assets and gold reserves, as per the latest RBI data.

HCLTech to invest Rs 15,000 crore in AI data centre, global tech hub in Odisha

HCLTech to invest Rs 15,000 crore in AI data centre, global tech hub in Odisha

Rediff.com25 Jul 2026

HCLTech, India's third-largest IT services company, announced plans to establish a global technology centre and an AI-optimised data centre in Bhubaneswar, Odisha, with a total investment of approximately Rs 15,000 crore, marking its entry into the AI infrastructure business.

'When You Say AI Is Going To End Humanity...'

'When You Say AI Is Going To End Humanity...'

Rediff.com30 Sep 2026

'There is a long set of decisions that have to be made along the way for anything to actually get actuated in the real world.'

Experts Urge Caution: AI Must Not Replace Human Judgement In Tourism

Experts Urge Caution: AI Must Not Replace Human Judgement In Tourism

Rediff.com29 Sep 2026

Experts at a national symposium in Shillong discussed the role of Artificial Intelligence in tourism, emphasising that AI should support human judgment, local knowledge, and cultural values rather than replace them. Discussions highlighted the need for robust policies to address ethical concerns, safeguard livelihoods, and preserve cultural heritage while leveraging AI for innovation and sustainability in the tourism sector, particularly in Meghalaya.

Kerala Police Issue Warning On Rising Cyber Customer Care Scams

Kerala Police Issue Warning On Rising Cyber Customer Care Scams

Rediff.com3 Oct 2026

Keralam police have issued a public caution against cyber fraudsters who use fake customer care numbers of banks and e-commerce platforms to deceive individuals and steal their personal and financial information. Fraudsters post fake numbers online, then contact victims posing as support agents, asking them to install remote access apps or make small payments to gain access to sensitive data.

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.

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.

Pune Murder Plot: Fiancee Used Online Research To Kill Realtor

Pune Murder Plot: Fiancee Used Online Research To Kill Realtor

Rediff.com1 Oct 2026

A chargesheet filed by Pune Rural police reveals how Siya Goyal and her alleged lover Chetan Chaudhary meticulously planned the murder of realtor Ketan Agarwal. The accused reportedly researched online about past deaths at Lohagad Fort and methods to conceal evidence, including studying a 2025 death at the same location, to make Agarwal's murder appear accidental.

Delhi Murder: Chargesheet Details Pre-Planned Attack On DU Student

Delhi Murder: Chargesheet Details Pre-Planned Attack On DU Student

Rediff.com30 Sep 2026

The chargesheet filed in the murder of DU student Muskan Sharma reveals that the accused, Imran Khan, allegedly pre-planned the attack, purchasing a knife two days prior. An accomplice, Digvijay Singh, is accused of helping Khan locate Sharma's house, waiting during the murder, and later harbouring him. Khan had allegedly threatened and stalked Sharma before the incident, and both accused are now in judicial custody.

India's Russian Crude Imports Dip to 5-Month Low Amid Diversification

India's Russian Crude Imports Dip to 5-Month Low Amid Diversification

Rediff.com28 Sep 2026

India's Russian crude oil imports reached a five-month low in September, dropping to 1.75 million barrels per day, as Indian refiners strategically diversify their energy supplies amidst evolving geopolitical landscapes and robust domestic demand, according to ship tracking data.

Why India's Banks Need A Five-Day Week

Why India's Banks Need A Five-Day Week

Rediff.com6 Oct 2026

A two-day weekend would help employees recover physically and mentally. They would return better prepared for branch work that demands patience, judgment, and accuracy, asserts Tamal Bandyopadhyay.

Is India Running Out of Milk?

Is India Running Out of Milk?

Rediff.com26 Sep 2026

India's milk supply is struggling to keep pace with rising demand as heat, fodder shortages and low animal productivity threaten dairy production.

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.

Flying Economy Costs More Than Ever

Flying Economy Costs More Than Ever

Rediff.com28 Sep 2026

Economy passengers are paying more year-on-year while business travellers are paying less.

Why Expanding Early Warning Systems Is Crucial For Disaster Mitigation

Why Expanding Early Warning Systems Is Crucial For Disaster Mitigation

Rediff.com20 Sep 2026

Climate scientist Tapio Schneider advocates for expanding early warning systems beyond rainfall events to include other disaster triggers like flash floods, citing the recent Nepal floods. He highlights the inevitability of 1.5 degrees Celsius global warming and discusses the role of advanced climate modelling and AI in improving predictions and research, particularly for regions like India.

Umesh Kolhe Murder: Accused Atib Rashid To Face Trial, Rules NIA Court

Umesh Kolhe Murder: Accused Atib Rashid To Face Trial, Rules NIA Court

Rediff.com6 Oct 2026

A special NIA court in Mumbai has rejected the discharge plea of Atib Rashid, a key accused in the 2022 murder of Amravati pharmacist Umesh Kolhe. The court found "more than prima facie sufficient material" to proceed with the trial, citing a common conspiracy to commit the murder and evidence linking Rashid to the crime, including electronic records and CCTV footage.

Import-linked GST drives 18.1% surge in September revenue

Import-linked GST drives 18.1% surge in September revenue

Rediff.com2 Oct 2026

India's Goods and Services Tax (GST) receipts, after accounting for refunds, surged by 18.1 per cent annually to approximately 1.77 trillion in September, marking its fastest growth in six months. This increase was primarily driven by a significant rise in tax revenue from imports, which grew 26 per cent annually.

PV inventory climbs as dealers prep for festivals, keep discounts in check

PV inventory climbs as dealers prep for festivals, keep discounts in check

Rediff.com1 Oct 2026

As India's festive season approaches, passenger vehicle dealers are seeing a notable increase in inventories, yet discounts remain surprisingly moderate compared to previous years, signalling a tighter demand-supply balance in the automotive market.

New Study Reveals Brain's Role In Chronic Back Pain

New Study Reveals Brain's Role In Chronic Back Pain

Rediff.com6 Oct 2026

A study suggests that targeting the brain's default mode network (DMN), which becomes active during self-reflection, could be a more effective approach to managing chronic low back pain. Researchers found that DMN activates during chronic pain flares, unlike its deactivation during acute pain, indicating chronic pain is deeply linked to one's sense of self. This finding explains why traditional symptom-based treatments often fail and points towards mind-body and psychedelic therapies.

AI Can Disrupt Jobs, Not Doom Humanity

AI Can Disrupt Jobs, Not Doom Humanity

Rediff.com30 Sep 2026

'My biggest fear about AI is that humans are going to rush to deploy it before AI is ready.'

'Why did ECs seek appointment with cabinet secretary'

'Why did ECs seek appointment with cabinet secretary'

Rediff.com24 Sep 2026

Shiv Sena (UBT) leader Priyanka Chaturvedi has highlighted a report indicating internal differences within the Election Commission of India, questioning why two Election Commissioners reportedly sought an appointment with the Cabinet Secretary. She alleged centralisation of power, lack of transparency in voter list processes, and raised concerns over the commissioners not signing a press release, demanding an investigation into these matters.

IIT suicide toll crosses 170 in 20 years, 70% deaths in last decade

IIT suicide toll crosses 170 in 20 years, 70% deaths in last decade

Rediff.com22 Sep 2026

As many as 171 students of the Indian Institutes of Technology (IITs) died by suicide or unnatural death over the last two decades, with around 70 percent of the deaths recorded in the last 10 years, according to an IIT alumni group.

Global Headwinds Drive FPIs to Pull Rs 35,860 Crore from Indian Equities

Global Headwinds Drive FPIs to Pull Rs 35,860 Crore from Indian Equities

Rediff.com2 Oct 2026

Foreign Portfolio Investors (FPIs) became net sellers in September, withdrawing Rs 35,860 crore from Indian equities due to global uncertainties, high US interest rates, and elevated crude oil prices, with outflows continuing into October.

India faces power crunch as coal stocks at thermal plants hit critical levels

India faces power crunch as coal stocks at thermal plants hit critical levels

Rediff.com5 Oct 2026

Coal inventories at nearly half of India's thermal power plants have fallen to less than 25 per cent of required stocks, with 80 out of 190 plants at critical levels as of September 24, prompting the Centre to invoke emergency provisions and consider mandating imported coal usage.

Bain Report: AI Market Must Hit $6 Trillion Annually By 2031 To Justify Investment

Bain Report: AI Market Must Hit $6 Trillion Annually By 2031 To Justify Investment

Rediff.com29 Sep 2026

A Bain & Company report projects the global AI market must reach nearly USD 6 trillion annually by 2031 to sustain massive infrastructure investments. This growth will largely depend on new innovations beyond productivity gains, with a significant gap needing to be filled by emerging revenue streams like autonomous vehicles, physical AI, and new AI-driven products. The report also highlights the surge in hardware and semiconductor industries due to AI compute demand and the importance of AI absorption for Indian companies.

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.

HCLTech Launches New Unit To Capture USD 400 Billion AI Market

HCLTech Launches New Unit To Capture USD 400 Billion AI Market

Rediff.com17 Sep 2026

HCLTech has launched 'HCLTech Pulse', a new business unit designed to help enterprises with annual revenues between USD 500 million and USD 5 billion accelerate their adoption of artificial intelligence and modernise their technology infrastructure, targeting a USD 400 billion global market opportunity.

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Rediff.com13 Jul 2026

Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.

Reliance Industries raises Rs 25,000 crore in September bond issues, navigating rising borrowing costs

Reliance Industries raises Rs 25,000 crore in September bond issues, navigating rising borrowing costs

Rediff.com1 Oct 2026

Reliance Industries Ltd (RIL) has successfully raised a total of Rs 25,000 crore through domestic bond issues in September, including a recent Rs 13,000 crore 10-year bond at 7.90 per cent, as it prioritises funding certainty amidst expectations of a possible RBI rate hike and rising borrowing costs.

'This 2,000 MDR Limit Is Bogus'

'This 2,000 MDR Limit Is Bogus'

Rediff.com21 Sep 2026

'These limits will change. Very soon restrictions, restrictions will come.'