News for 'Sectorally'

India's Semiconductor Sector Attracts $1.4 Billion in Equity Funding

India's Semiconductor Sector Attracts $1.4 Billion in Equity Funding

Rediff.com13 Sep 2026

India's semiconductor sector has garnered USD 1.4 billion in total equity funding across 281 companies, with a substantial USD 701 million raised since 2025 alone, according to Tracxn data.

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.com2 days ago

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 Core Sector Growth Slows to 3-Month Low of 4.8% in August

India's Core Sector Growth Slows to 3-Month Low of 4.8% in August

Rediff.com23 hours ago

India's nine key infrastructure sectors recorded a three-month low growth of 4.8 per cent in August, primarily due to reduced production in coal, natural gas, crude oil, and fertiliser, according to government data.

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Rediff.com6 days ago

India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.

India's Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership

India's Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership

Rediff.com6 days ago

GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.

Civil Aviation Minister Highlights Immense Opportunities For MSMEs In India's Booming Aviation Sector

Civil Aviation Minister Highlights Immense Opportunities For MSMEs In India's Booming Aviation Sector

Rediff.com10 Sep 2026

Civil Aviation Minister K Rammohan Naidu announced significant opportunities for Micro, Small, and Medium Enterprises (MSMEs) within India's rapidly expanding aviation sector. With Indian airlines ordering over 1,600 aircraft and the aerospace market projected to double by 2035, there's a massive scope for Indian suppliers to integrate into global aerospace supply chains, moving beyond assembly to design and manufacturing.

French Major Thales Eyes India's Booming Aviation Sector For Growth

French Major Thales Eyes India's Booming Aviation Sector For Growth

Rediff.com10 Sep 2026

French aerospace and defence major Thales views India as a highly dynamic market for avionics, with significant growth potential as Indian airlines expand their fleets. The company, which has a substantial presence and MRO facilities in India, is also exploring opportunities to replicate India-developed solutions globally and sees increased use of AI in development.

Private Sector Capex Rises 7% in FY25, Govt Spending Slows

Private Sector Capex Rises 7% in FY25, Govt Spending Slows

Rediff.com7 days ago

Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.

India, China armies hold crucial talks on LAC in Arunachal sector

India, China armies hold crucial talks on LAC in Arunachal sector

Rediff.com7 Sep 2026

Indian and Chinese military officials have held corps commander-level talks in Arunachal Pradesh to review the Line of Actual Control (LAC) situation, following recent Special Representative discussions aimed at de-escalating border tensions and fostering bilateral ties.

FPIs flock to financials, extend buying spree in IT sector in early August

FPIs flock to financials, extend buying spree in IT sector in early August

Rediff.com21 Aug 2026

Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.

Services sector sees growth slowdown to 4.5 year low in July

Services sector sees growth slowdown to 4.5 year low in July

Rediff.com5 Aug 2026

India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Rediff.com8 Aug 2026

Chief Economic Advisor V Anantha Nageswaran has stressed the urgent need for India's financial sector to proactively address the safety and security risks of artificial intelligence, stating that waiting for problems to materialise is not an option.

How AI And Digitalisation Can Revolutionise Indian Mining

How AI And Digitalisation Can Revolutionise Indian Mining

Rediff.com4 days ago

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.

Viksit Bharat: What Nirmala Sitharaman told India Inc

Viksit Bharat: What Nirmala Sitharaman told India Inc

Rediff.com5 hours ago

Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.

All Iranian airlines to be shut down globally from Sept 23: US

All Iranian airlines to be shut down globally from Sept 23: US

Rediff.com9 hours ago

United States Treasury Secretary Scott Bessent has warned that Iranian airlines could be effectively shut out of international travel from Wednesday, September 23, as Washington threatens secondary sanctions against foreign companies that continue providing services to Iran's carriers.

Karnataka CM Unveils KEONICS' Vision For Tech-Driven Future

Karnataka CM Unveils KEONICS' Vision For Tech-Driven Future

Rediff.com3 hours ago

Karnataka Chief Minister D K Shivakumar lauded KEONICS' initiative to provide AI-based KEO computers to rural children, marking the institution's golden jubilee. The KEO computers, developed in Karnataka, aim to bridge the digital divide. Shivakumar also highlighted government efforts to promote IT beyond Bengaluru, enhance industry-oriented skills, and digitise property records, emphasising the state's commitment to technology and skill development.

Sensex, Nifty fall despite global cues; IT, financials lead decline

Sensex, Nifty fall despite global cues; IT, financials lead decline

Rediff.com4 hours ago

Indian benchmark indices, Sensex and Nifty, closed lower on Tuesday, with the Sensex declining 329.91 points to 74,529.08 and the Nifty dipping 85.30 points to 23,329, primarily dragged by underperformance in IT, financial, and capital goods stocks despite positive global market trends and easing crude oil prices.

HCLTech Report Reveals Integration As Semiconductor Industry's Biggest Hurdle

HCLTech Report Reveals Integration As Semiconductor Industry's Biggest Hurdle

Rediff.com4 days ago

A global research report by HCLTech indicates that integration has surpassed supply chain constraints as the primary challenge for the semiconductor industry. The study, which surveyed 300 senior leaders, highlights increasing dependency on semiconductors across industries, with 98% of enterprises more reliant now than three years ago and 99% expecting further increases. AI is also driving the strategic importance of semiconductor architecture.

African National Arrested In Gurugram With MDMA

African National Arrested In Gurugram With MDMA

Rediff.com5 days ago

Gurugram Police have arrested Eno Shedrack Wichu, a 35-year-old Cameroonian national, for possessing 14.83 grams of MDMA. Wichu, who entered India on a tourist visa in 2022, was apprehended by the Anti-Narcotics Cell and intended to supply the drug in Gurugram. A case has been registered under the NDPS Act.

Trump signs Russia sanctions bill; India faces 100% tariff risk

Trump signs Russia sanctions bill; India faces 100% tariff risk

Rediff.com3 days ago

Trump has enacted a new law imposing significant sanctions on Russia and Iran, which could lead to tariffs of up to 100% on major energy importers like India and China.

EPF Ceiling Hike: Who Pays More?

EPF Ceiling Hike: Who Pays More?

Rediff.com11 hours ago

EPF wage ceiling rising to Rs 25,000 could increase employer statutory contributions by Rs 1,200 monthly per employee.

Indian Equities Close Flat as US Fed Rate Hike Weighs; NSE IPO Subscribed 39% on Day 1

Indian Equities Close Flat as US Fed Rate Hike Weighs; NSE IPO Subscribed 39% on Day 1

Rediff.com5 days ago

Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.

Banking services impacted as unions go on nationwide strike to press for 5-day workweek

Banking services impacted as unions go on nationwide strike to press for 5-day workweek

Rediff.com11 Sep 2026

Banking services, particularly at public sector banks across India, were impacted by a nationwide strike called by the United Forum of Bank Unions (UFBU) to demand the immediate implementation of a five-day workweek and resolution of pending wage-related issues.

Trump to sign Russia sanctions bill; India-US ties, energy market on edge

Trump to sign Russia sanctions bill; India-US ties, energy market on edge

Rediff.com4 days ago

President Donald Trump is set to sign the Sanctioning Russia and Iran Act, which includes tariffs on countries buying Russian oil and gas, such as India. India has voiced concerns over the potential impact on its ties with the US and the global energy market.

Coal Stocks at 74 Indian Power Plants Plummet to Just 7 Days

Coal Stocks at 74 Indian Power Plants Plummet to Just 7 Days

Rediff.com5 hours ago

Coal inventories at India's thermal power stations have fallen to 22.9 million tonnes, providing only a seven-day fuel cover and affecting 74 out of 190 plants, a situation last seen in October 2023.

Why Jharkhand Businesses Are Concerned About New UPI MDR Charges

Why Jharkhand Businesses Are Concerned About New UPI MDR Charges

Rediff.com4 days ago

A trade body in Jharkhand, FJCCI, has urged the Union Finance Minister to withdraw the proposed 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants. The body argues that this charge will significantly increase operating costs for businesses, especially MSMEs and retailers, who rely on the current zero-MDR regime for digital payments.

Why NCP (SP) Calls UPI MDR A 'Betrayal'

Why NCP (SP) Calls UPI MDR A 'Betrayal'

Rediff.com1 days ago

The NCP (SP) has demanded a complete rollback of the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. The party termed the move a "direct assault" on small traders and shopkeepers, accusing the Modi government of "double standards" by burdening small merchants while large industrialists benefit from loan write-offs.

ISRO Staff Step Up Privatisation Protest

ISRO Staff Step Up Privatisation Protest

Rediff.com7 days ago

The larger question raised by the associations is simple: If ISRO is no longer to manufacture launch vehicles, what will happen to the institution's accumulated capabilities and the people who built them?

IN-SPACe's Growing Role Raises ISRO Concerns

IN-SPACe's Growing Role Raises ISRO Concerns

Rediff.com6 days ago

'IN-SPACe like an octopus is stretching its tentacles everywhere and choking ISRO.'

India's private sector activity hits four-year low in July: Flash PMI

India's private sector activity hits four-year low in July: Flash PMI

Rediff.com25 Jul 2026

India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.

CPI(ML) Slams New UPI MDR Framework As 'UPI Tax'

CPI(ML) Slams New UPI MDR Framework As 'UPI Tax'

Rediff.com5 days ago

CPI(ML) Liberation general secretary Dipankar Bhattacharya has strongly criticised the newly introduced Merchant Discount Rate (MDR) on select UPI transactions, labelling it a "UPI tax" and demanding its immediate rollback. He drew parallels with demonetisation, arguing that the new framework would negatively impact small shopkeepers, MSMEs, and ordinary citizens by increasing prices.

US House clears Russia Sanctions bill seeking 100% tariffs on India

US House clears Russia Sanctions bill seeking 100% tariffs on India

Rediff.com5 days ago

The US House of Representatives has passed the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, authorising President Trump to impose sanctions on Russia's energy sector and tariffs on countries like India and China that purchase Russian oil and gas. The legislation aims to curb Russia's ability to evade existing sanctions and reduce global dependence on its energy exports, despite some Democratic opposition to increased tariff authority for the President.

India's exports jump over 26% in August; trade gap shrinks to five-month low

India's exports jump over 26% in August; trade gap shrinks to five-month low

Rediff.com6 days ago

India's exports saw a significant increase of 26.12 per cent to USD 43.81 billion in August, leading to a narrowed trade deficit of USD 26.86 billion, driven by strong demand from key global markets and diverse sectors.

Banks Brace for 3-Day Strike

Banks Brace for 3-Day Strike

Rediff.com10 hours ago

Bankers said the impact could become more visible from September 29 as customers could withdraw larger amounts of cash, although ATM operations are increasingly managed through third-party cash-loading arrangements.

Geopolitical Tensions, Rising Oil Prices Drag Down Indian IT Stocks

Geopolitical Tensions, Rising Oil Prices Drag Down Indian IT Stocks

Rediff.com8 Sep 2026

Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.

Ganeshotsav 2026: One Bappa, Endless Devotion

Ganeshotsav 2026: One Bappa, Endless Devotion

Rediff.com12 hours ago

From lifelong traditions to four generations celebrating together, these Ganeshotsav moments capture the joy of welcoming Bappa home.

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

Commercial Coal Block Auctions to Generate 55,000 Crore Investment, 490,000 Jobs

Commercial Coal Block Auctions to Generate 55,000 Crore Investment, 490,000 Jobs

Rediff.com7 days ago

The Indian coal ministry announced that 147 commercial coal blocks auctioned since 2020 are expected to attract approximately 55,000 crore in capital investment, generate 490,000 jobs, and contribute significantly to state revenues.

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'