News for 'Sectorally'

PNB targets wealth management entry by 2027, ramps up credit card portfolio

PNB targets wealth management entry by 2027, ramps up credit card portfolio

Rediff.com11 Sep 2026

State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.

CJP joins Odisha students' stir, seeks minister's exit over textbook errors

CJP joins Odisha students' stir, seeks minister's exit over textbook errors

Rediff.com23 hours ago

Students and political parties in Odisha are protesting widespread errors in school textbooks, demanding the resignation of School and Mass Education Minister Nityananda Gond. The CJP has extended support to the Navnirman Yuva Chhatra Sangathan's 'satyagraha', while the state government has begun distributing corrected textbooks.

IIT Madras Launches Advanced Robotics Lab With Bechtel Collaboration

IIT Madras Launches Advanced Robotics Lab With Bechtel Collaboration

Rediff.com7 hours ago

IIT Madras has inaugurated a new state-of-the-art robotics laboratory, established with CSR support from Bechtel India. This collaboration aims to accelerate research, innovation, and industry applications in robotics and automation, specifically for the construction and infrastructure sectors, fostering advanced technological solutions and workforce development.

Passenger Vehicle Exports Fall 17% in August Amid Domestic Sales Boom

Passenger Vehicle Exports Fall 17% in August Amid Domestic Sales Boom

Rediff.com6 days ago

India's passenger vehicle (PV) exports saw a 17 per cent year-on-year decline in August, contrasting sharply with a 36.5 per cent surge in domestic dispatches, which reached a record high for the month as automakers prepared for the festive season.

Can India Fix Its Growing Student Housing Crisis?

Can India Fix Its Growing Student Housing Crisis?

Rediff.com11 hours ago

India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.

Kargil War veteran seriously hurt in attack over Gurugram parking row

Kargil War veteran seriously hurt in attack over Gurugram parking row

Rediff.com14 Sep 2026

Kargil War veteran Group Captain Amit Kumar Gupta was allegedly attacked with an iron rod by a parking attendant in Gurugram, sustaining a serious head injury and fractured elbow. Gupta claims the hospital's MLC report is false and police assistance has been lacking, while an FIR has been registered against unknown accused.

Digital Ecosystem Key To Unlocking MSME Credit

Digital Ecosystem Key To Unlocking MSME Credit

Rediff.com11 Sep 2026

India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.

Auto, Healthcare, Retail Drive 14% Rise in White-Collar Hiring

Auto, Healthcare, Retail Drive 14% Rise in White-Collar Hiring

Rediff.com8 Sep 2026

India's white-collar job market experienced a 14 per cent year-on-year growth in August, with the auto, healthcare, and retail sectors leading the surge, according to a report by Naukri.com.

What Will First India-China Corps Commander Talks in Arunachal Achieve?

What Will First India-China Corps Commander Talks in Arunachal Achieve?

Rediff.com8 Sep 2026

In July, tension emerged in Taksing, a remote village in the Upper Subansiri district of Arunachal Pradesh after locals sighted PLA soldiers.

Akhilesh Yadav Criticises New UPI MDR Charges As 'Chungi'

Akhilesh Yadav Criticises New UPI MDR Charges As 'Chungi'

Rediff.com5 days ago

Samajwadi Party president Akhilesh Yadav has criticised the BJP government's proposed Merchant Discount Rate (MDR) on high-value UPI transactions, calling it a "chungi" (tax) on digital payments. He alleged the move was an attempt to extract money from people's transactions, contradicting the government's goal of a trillion-dollar economy. The new UPI framework will impose a 0.4% MDR on person-to-merchant transactions above Rs 2,000 from October 15, with certain sectors having a flat Rs 5 MDR.

Nithari accused Surendra Koli murdered? Victim's father says.....

Nithari accused Surendra Koli murdered? Victim's father says.....

Rediff.com3 days ago

The father of a Nithari case victim has questioned the death of Surendra Koli, alleging he was murdered and did not die by suicide. Koli, who was acquitted in all Nithari cases, was found hanging in Haridwar. Police are investigating, while the victim's father claims Koli was about to reveal important information and points to Moninder Singh Pandher as the main culprit.

Will take steps to...: India reacts to US sanctions bill

Will take steps to...: India reacts to US sanctions bill

Rediff.com5 days ago

India has stated its commitment to protecting its economic interests and ensuring energy security after the US House of Representatives passed a bill allowing the US President to impose tariffs of up to 100 per cent on countries, including India and China, for purchasing Russian crude oil. The Ministry of External Affairs affirmed India's resolve to maintain diversified energy sourcing and has articulated its concerns to US interlocutors regarding the bill's potential implications.

NGOs down by half in last 10 years; contribution rises to Rs 22,974 cr

NGOs down by half in last 10 years; contribution rises to Rs 22,974 cr

Rediff.com3 days ago

The Ministry of Home Affairs informed a Joint Committee of Parliament that the number of active NGOs registered under the Foreign Contribution (Regulation) Act has halved over the last decade, even as foreign funds received by them have significantly increased. Christian associations received the largest share of these funds in 2024-25. The report comes amidst discussions on a contentious FCRA amendment bill aimed at tighter government oversight.

West Bengal Launches Quantum And Semiconductor Tech Section To Attract Investments

West Bengal Launches Quantum And Semiconductor Tech Section To Attract Investments

Rediff.com7 days ago

West Bengal has launched an Emerging Quantum and Semiconductor Technologies (EQST) section at CSIR-CGCRI to attract investments and position the state as a hub for next-generation technology. Minister Kalyan Chakraborti highlighted India's need to invest in these crucial sectors and outlined the state's plans to collaborate with institutions and leverage budget initiatives to foster research and start-ups.

US Bill Imposing 100% Tariffs On India Set For House Vote

US Bill Imposing 100% Tariffs On India Set For House Vote

Rediff.com6 days ago

The US House of Representatives has advanced a bill that would empower President Donald Trump to impose 100 per cent tariffs on countries, including India, that purchase oil and gas from Russia, and also extend sanctions on Iran. The legislation, which previously passed the Senate, aims to curb Russia's energy revenue amidst the Ukraine conflict.

From Rohtas to Japan: Meet Abhishek Anand, Bihar's unlikely cricket export

From Rohtas to Japan: Meet Abhishek Anand, Bihar's unlikely cricket export

Rediff.com22 hours ago

Bihar-born Abhishek Anand's journey from tennis-ball cricket and IIT Kanpur to Japan's national team has culminated in a historic opportunity to face India on Tuesday.

ISRO Staff Unhappy With Narayanan's Speech

ISRO Staff Unhappy With Narayanan's Speech

Rediff.com9 Sep 2026

'He didn't touch upon the core questions raised by the nine employee associations.'

Pvt sector enters India's critical minerals race with Indonesia deal

Pvt sector enters India's critical minerals race with Indonesia deal

Rediff.com18 Jul 2026

Hyderabad-based Midwest Ltd has become the first Indian private company to secure overseas critical mineral mines, sealing a deal with Indonesia's state-run PT Perusahaan Mineral Nasional (PERMINAS) to ensure a long-term supply of rare earths.

'India-China Ties Can't Be Repaired In 1-2 Modi-Xi Meets'

'India-China Ties Can't Be Repaired In 1-2 Modi-Xi Meets'

Rediff.com13 hours ago

'Eastern Ladakh set the relationship back by about 10 steps. So far, especially since Galwan, we may have taken just 4 steps forward.'

Why Fund Managers Are Avoiding IT Stocks

Why Fund Managers Are Avoiding IT Stocks

Rediff.com9 Sep 2026

IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.

Miss These 10 Days, Lose 55% Of Your Wealth

Miss These 10 Days, Lose 55% Of Your Wealth

Rediff.com7 days ago

What happens to my money if the market falls off a cliff tomorrow? Sandipan Roy, CIO, Motilal Oswal Private Wealth has the answer.

Experts Call For Localised AI To Serve India's Unique Needs

Experts Call For Localised AI To Serve India's Unique Needs

Rediff.com12 Sep 2026

Experts at AI Manthan 2.0 in Kanpur stressed the need for Artificial Intelligence to be customised for India's specific requirements in education, healthcare, agriculture, and governance. Discussions highlighted the development of local language models, AI solutions for farmers like crop loss assessment and a single-window platform, and AI's role in healthcare for diagnosis and reducing doctors' workload, all while ensuring data privacy through federated learning.

NBFCs see significant gold loan growth, outpacing banks

NBFCs see significant gold loan growth, outpacing banks

Rediff.com8 Sep 2026

Non-banking financial companies (NBFCs) experienced a significant 68.5 per cent year-on-year growth in gold-backed credit in July 2026, while banks saw their gold loan growth moderate to 88.1 per cent from 136.4 per cent a year prior, according to RBI data.

All about UPI charges: Will merchants pass on MDR to customers?

All about UPI charges: Will merchants pass on MDR to customers?

Rediff.com6 days ago

The Indian government has introduced a 0.4 per cent Merchant Discount Rate (MDR) on UPI payments exceeding Rs 2,000 made to merchants, effective from October 15, with a comprehensive framework set to take full effect by October 15, 2026. This policy aims to regulate transaction fees while protecting small merchants and person-to-person transactions.

India Pioneers 100% Hydrogen DRI Plant For Green Steel

India Pioneers 100% Hydrogen DRI Plant For Green Steel

Rediff.com13 Sep 2026

India is set to develop its first 100% hydrogen-powered Direct Reduced Iron (DRI) plant, a Rs 207-crore national pilot project led by CSIR-IMMT. This initiative aims to significantly reduce carbon emissions in the steel sector and achieve net-zero commitments, focusing on adapting the technology to India's domestic iron ore conditions.

Tax relief on insurance drives higher policy purchases, expands coverage

Tax relief on insurance drives higher policy purchases, expands coverage

Rediff.com8 hours ago

The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.

Mumbai Man Beaten To Death By Friend Over Clothes Dispute

Mumbai Man Beaten To Death By Friend Over Clothes Dispute

Rediff.com11 Sep 2026

A 26-year-old man was allegedly beaten to death by his friend in Goregaon, Mumbai, following an argument over the victim using the friend's clothes and personal belongings without permission. The accused has been charged with murder, and police are searching for him.

Arunachal Pradesh Leaders Pay Tribute To Engineers On National Day

Arunachal Pradesh Leaders Pay Tribute To Engineers On National Day

Rediff.com7 days ago

Arunachal Pradesh Chief Minister Pema Khandu and Deputy Chief Minister Chowna Mein paid rich tributes to engineers on National Engineers' Day, commemorating the birth anniversary of Sir M Visvesvaraya. They highlighted the crucial role of engineers in the state's development, infrastructure, and India's overall progress, acknowledging their contributions to nation-building and technological advancement.

India must prioritise 'speed of doing business' for sustained growth: CII President

India must prioritise 'speed of doing business' for sustained growth: CII President

Rediff.com5 days ago

India needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.

Puja Before Helicopters Are Handed Over

Puja Before Helicopters Are Handed Over

Rediff.com3 days ago

HAL has handed over a new batch of indigenous aircraft, marking another step in India's domestic aerospace manufacturing programme. The company delivered two LCA Tejas FOC twin-seater trainers to the IAF, completing twin-seater deliveries under the FOC contract.

In-Charge CFO Caught In Bribery Trap

In-Charge CFO Caught In Bribery Trap

Rediff.com5 days ago

Gandhinagar's in-charge Chief Fire Officer, Rajeshkumar Patel, was arrested by the Anti-Corruption Bureau (ACB) for allegedly accepting a Rs 20,000 bribe. The bribe was demanded for issuing a Fire Safety Renewal No Objection Certificate (NOC). The ACB successfully trapped Patel after a complaint was lodged.

Why Zero-Fee UPI Transactions Are Crucial For India's Digital Economy

Why Zero-Fee UPI Transactions Are Crucial For India's Digital Economy

Rediff.com1 days ago

Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to maintain zero-fee UPI transactions for several more years, arguing that the benefits of UPI as a public good outweigh the costs. This comes amidst the government's recent decision to introduce a 0.4% fee on person-to-merchant UPI transactions above Rs 2,000 from October 15, a move that has drawn criticism.

US, EU flag India's 'trade barriers' at WTO, citing high tariffs, QCOs, and digital trade curbs

US, EU flag India's 'trade barriers' at WTO, citing high tariffs, QCOs, and digital trade curbs

Rediff.com10 Sep 2026

The United States and the European Union have strongly criticised India's trade policies at the World Trade Organization review, highlighting concerns over high tariffs, quality-control orders (QCOs), and restrictions on digital trade and services, which they argue undermine India's economic openness.

PIL in SC against govt's 0.4% MDR on UPI transactions above Rs 2,000

PIL in SC against govt's 0.4% MDR on UPI transactions above Rs 2,000

Rediff.com6 days ago

A Public Interest Litigation has been filed in the Supreme Court challenging the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000. The plea argues that the levy was introduced without adequate statutory safeguards, transparency, or public consultation, and questions its constitutional validity and potential adverse effects on merchants and consumers.

How AI Is Reshaping Enterprise Data Strategy Globally

How AI Is Reshaping Enterprise Data Strategy Globally

Rediff.com12 Sep 2026

A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.

Jefferies foresees $60 billion domestic defence opportunity

Jefferies foresees $60 billion domestic defence opportunity

Rediff.com9 Sep 2026

Global brokerage Jefferies forecasts a double-digit compound annual growth rate (CAGR) for India's defence spending, estimating a cumulative domestic opportunity of over $60 billion across four years, driven by geopolitical tensions and the government's indigenisation push.

Ganeshotsav 2026: Bappa Pics: From Ahmedabad to Germany

Ganeshotsav 2026: Bappa Pics: From Ahmedabad to Germany

Rediff.com3 days ago

Families from Ahmedabad, Mumbai, Noida, Nagpur, and even Magdeburg in Germany share their Ganeshotsav 2026 celebrations with unique decorations, heartfelt prayers, and festive devotion.

Indian Equities Tank as Oil Surges, Rate Hike Fears Grip Global Markets

Indian Equities Tank as Oil Surges, Rate Hike Fears Grip Global Markets

Rediff.com7 days ago

Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.

ISRO, IN-SPACe Face Rocket Transfer Row

ISRO, IN-SPACe Face Rocket Transfer Row

Rediff.com8 Sep 2026

There is no answer to the question of how IN-SPACe invited EOIs for ISRO's mature rockets and whether it was based on any government policy decision.

Sanath Jayasuriya hails teen sensation Vaibhav Sooryavanshi as 'future' of Indian cricket

Sanath Jayasuriya hails teen sensation Vaibhav Sooryavanshi as 'future' of Indian cricket

Rediff.com2 days ago

Sri Lankan legend Sanath Jayasuriya has lauded Indian teen cricketer Vaibhav Sooryavanshi, calling him a 'different kind of talent' and the 'future for India', despite his recent exclusion from the playing XI against Afghanistan.