News for 'Service'

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.

India's Primary Market Sees Dozen IPOs in October, Led by Jio Platforms and Zetwerk

India's Primary Market Sees Dozen IPOs in October, Led by Jio Platforms and Zetwerk

Rediff.com11 Oct 2026

A dozen companies, including major players like Jio Platforms and Zetwerk Manufacturing Business, are poised to launch Initial Public Offerings (IPOs) in October, continuing India's strong fundraising momentum in the primary market. These offerings span diverse sectors, reflecting sustained investor interest in businesses with robust growth prospects.

GST Council To Review Tax On UPI Merchant Fees

GST Council To Review Tax On UPI Merchant Fees

Rediff.com24 Sep 2026

The GST Council is set to discuss the application of GST on merchant fees for UPI transactions exceeding Rs 2,000. This comes as a new Merchant Discount Rate (MDR) of 0.4% (capped at Rs 300) is effective from October 15 for such transactions, which, as a service, would typically attract an 18% GST levy. The Council's decision is anticipated to consider consumer interests, with merchants potentially able to claim Input Tax Credit.

Chhattisgarh blacklists Oriental Insurance for 3 yrs over chopper claim

Chhattisgarh blacklists Oriental Insurance for 3 yrs over chopper claim

Rediff.com7 Oct 2026

The Chhattisgarh government has blacklisted Oriental Insurance Company Limited (OICL) for three years on Wednesday. This action follows OICL's rejection of an insurance claim for a government helicopter that crashed in May 2022, killing two pilots. The claim was rejected in August this year after being pending for more than four years, leading the state to pursue administrative and legal remedies.

Railways To Phase Out ICF Coaches By FY28

Railways To Phase Out ICF Coaches By FY28

Rediff.com2 Oct 2026

Roughly 340-350 such rakes remain to be converted out of around 2,000 rakes.

Want A Healthy Pregnancy? 11 Tips From A Gynaecologist

Want A Healthy Pregnancy? 11 Tips From A Gynaecologist

Rediff.com12 Oct 2026

Dr Nisha Pansare, fertility specialist at Nova IVF Fertility, explains why women should avoid desi Chinese, excessive caffeine and detox juices in order to have a safe and healthy pregnancy.

76-year-old man gets 13-year jail for robbing bank 38 years ago

76-year-old man gets 13-year jail for robbing bank 38 years ago

Rediff.com30 Sep 2026

A 76-year-old man, Abdul Samad, has been sentenced to 13 years in prison and fined Rs 16,000 for his involvement in a 1988 bank robbery at the Nallurnad Service Cooperative Bank in Wayanad, Kerala. This sentencing concludes a decades-long legal process for the six-member gang.

CEC row: Opposition parties to march to SC on Monday to meet CJI

CEC row: Opposition parties to march to SC on Monday to meet CJI

Rediff.com11 Oct 2026

Opposition parties, led by Rahul Gandhi and Mallikarjun Kharge, plan to march to the Supreme Court on Monday to meet the Chief Justice of India. They aim to submit a memorandum regarding alleged 'vote chori' and demand CEC Gyanesh Kumar's resignation, halting of SIR, and a return to paper ballots. The protest follows widespread detentions during previous demonstrations, which the opposition condemns as an assault on democracy.

'I haven't signed any bond': Dipke wows more protests

'I haven't signed any bond': Dipke wows more protests

Rediff.com11 Oct 2026

Cockroach Janta Party founder Abhijeet Dipke has denied signing any bond preventing further protests against Chief Election Commissioner Gyanesh Kumar, vowing to continue taking to the streets. He accused Delhi Police of illegal detention and mistreatment, including not allowing him to contact family after his grandmother's death on Saturday, and criticised the government's handling of protests and alleged police brutality.

Police cannot detain family to put pressure on accused: HC

Police cannot detain family to put pressure on accused: HC

Rediff.com1 Oct 2026

The Allahabad High Court has ruled that police cannot unlawfully detain innocent family members of an accused to compel surrender, deeming such actions a deprivation of liberty and entitling the detained person to compensation. The court awarded Rs 40,000 to a petitioner illegally held for four days and directed recovery from responsible police personnel.

NCLT records highest-ever quarterly resolution plan approvals despite vacancies

NCLT records highest-ever quarterly resolution plan approvals despite vacancies

Rediff.com8 Oct 2026

The National Company Law Tribunal (NCLT) approved a record 107 resolution plans in the second quarter of financial year 2026-27 (Q2FY27), its highest quarterly performance, despite ongoing challenges such as member vacancies and infrastructure constraints.

RBI hikes repo rate by 25 bps to 5.50% as per market expectations

RBI hikes repo rate by 25 bps to 5.50% as per market expectations

Rediff.com7 Oct 2026

The Reserve Bank of India on Wednesday raised its policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle as rising inflation risks, elevated global yields and resilient domestic growth strengthened the case for tighter monetary policy. The decision by the Monetary Policy Committee marks a shift from its August policy, when it kept the repo rate unchanged at 5.25 per cent and retained a neutral stance while seeking greater clarity on the inflation outlook and growth-inflation balance.

US to substantially hike fees for EB-5 investor visa

US to substantially hike fees for EB-5 investor visa

Rediff.com30 Sep 2026

The US Citizenship and Immigration Services (USCIS) has announced a significant increase in fees for the EB-5 Immigrant Investor Programme, effective November 30. This programme allows foreign investors, including many from India, to obtain permanent residency by investing in US commercial enterprises and creating jobs. The fee hikes, some more than doubling, are intended to fund USCIS operations, which are largely supported by fees rather than taxes.

Messi scores, has two assists in last Argentina masterclass

Messi scores, has two assists in last Argentina masterclass

Rediff.com7 Oct 2026

Lionel Messi concluded his 21-year international career with Argentina in an emotional friendly match against Benin, scoring one goal and assisting two others in a 3-0 victory. The event was a national celebration of his service, marked by fan tributes, fireworks, and a heartfelt farewell from teammates and opponents.

How youth dodge barricades, diversions to reach Delhi protest site

How youth dodge barricades, diversions to reach Delhi protest site

Rediff.com10 Oct 2026

Citizens in Delhi faced significant restrictions and detentions on Saturday while attempting to protest alleged irregularities in voter rolls. Despite barricades, metro closures, and vehicle diversions, individuals found various ways to reach central Delhi, determined to voice their concerns about the electoral process and fundamental rights.

Govt steps in, asks Adani to delay Mumbai flight shift to Navi Mumbai

Govt steps in, asks Adani to delay Mumbai flight shift to Navi Mumbai

Rediff.com6 Oct 2026

The Civil Aviation Ministry has requested Adani Airports to postpone the partial relocation of international flights from Mumbai to Navi Mumbai airport, a move initially proposed due to renovation of Mumbai's Terminal 1 and opposed by airlines. Discussions are underway to formulate a revised transition plan.

Three Varanasi-bound flights diverted to Lucknow due to bad weather

Three Varanasi-bound flights diverted to Lucknow due to bad weather

Rediff.com6 Oct 2026

Multiple flights, including three Varanasi-bound domestic flights and one international Dubai-Pokhara flight, were diverted to Lucknow's Chaudhary Charan Singh International Airport due to adverse weather conditions at their original destinations. All diverted flights subsequently resumed their journeys.

How Smart Maintenance Can Boost India's GDP By 1%

How Smart Maintenance Can Boost India's GDP By 1%

Rediff.com7 Oct 2026

Industry leaders at MRAM Expo 2026 highlighted that India's maintenance economy has the potential to unlock a 1 per cent GDP opportunity. This growth can be achieved by addressing productivity losses from equipment breakdowns, unplanned downtime, and inefficient assets through smarter asset management practices. The NITI Aayog also supports AI-based predictive maintenance for resilient infrastructure, while the Indian Asset Performance Management market is projected for substantial growth by 2033.

Top Lashkar terrorist Mohammed Asif killed, was part of Musharraf's team

Top Lashkar terrorist Mohammed Asif killed, was part of Musharraf's team

Rediff.com30 Sep 2026

Mohammed Asif, alias Hashim Moosa, a top Lashkar-e-Taiba terrorist and a retired havildar from the Pakistan Army's elite Special Services Group (SSG) who once served in former president Pervez Musharraf's security convoy, was killed in a gunfight in central Kashmir's Budgam district.

Jio Platforms IPO set to be India's largest, may list among top 3 stocks

Jio Platforms IPO set to be India's largest, may list among top 3 stocks

Rediff.com6 Oct 2026

Jio Platforms' upcoming initial public offering (IPO) is anticipated to be India's largest to date, potentially listing among the top three stocks with a valuation of around Rs 12 lakh crore, and is expected to proceed without an offer-for-sale as current investors show no interest in diluting their holdings.

GST Bachat Utsav Gets Half Of Rs 54 Crore Ad Spend

GST Bachat Utsav Gets Half Of Rs 54 Crore Ad Spend

Rediff.com6 Oct 2026

Across all 10 schemes from FY24 to FY26, print media captured 58.8 per cent of the total ad spending, followed by electronic media at 19.5 per cent, digital media at 14.6 per cent, and outdoor media at 7.2 per cent.

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.

India's Aviation Sector Soars: Indigenous Aircraft, New Airports On Horizon

India's Aviation Sector Soars: Indigenous Aircraft, New Airports On Horizon

Rediff.com6 Oct 2026

Civil Aviation Minister K Rammohan Naidu announced India's ambition to produce its first indigenous civilian aircraft within two years through a joint venture. He highlighted the rapid growth of the country's aviation sector, with significant aircraft orders, planned new airports, and potential for manufacturing jet engines and Sustainable Aviation Fuel, underscoring India's increasing role in global aviation.

Nana Had A Presence That Was Difficult To Ignore

Nana Had A Presence That Was Difficult To Ignore

Rediff.com9 Oct 2026

He was intense on screen, equally intense on stage, and yet, from what I remember of those early days, remarkably at ease amongst ordinary people, remembers Air Commodore Nitin Sathe (retd).

Walking For 20 Minutes Not Enough To Keep Heart Healthy

Walking For 20 Minutes Not Enough To Keep Heart Healthy

Rediff.com5 Oct 2026

In this new series on busting common health concerns, Cardiologist Dr Dipak Patil explains why walking and visiting the gym may not be enough to protect your heart health.

700 detained as Delhi protests target CEC Gyanesh Kumar on Gandhi Jayanti

700 detained as Delhi protests target CEC Gyanesh Kumar on Gandhi Jayanti

Rediff.com2 Oct 2026

The Delhi police detained more than 500 protesters, including Aam Aadmi Party leaders Saurabh Bharadwaj, Sanjeev Jha, Atishi and Sanjay Singh, as well as activists of some student outfits, during a protest against the CEC at Jantar Mantar on Friday.

Delhi govt approves bill for time-bound public services

Delhi govt approves bill for time-bound public services

Rediff.com15 Jul 2026

The Delhi government has approved a new bill, the Delhi (Right of Citizen to Time Bound and Ease of Delivery of Services) Bill, 2026, which aims to make time-bound delivery of government services a legal right for citizens. This reform seeks to enhance transparency, accountability, and efficiency through a technology-driven framework, including digital service delivery, automatic escalation for delays, and a grievance redressal mechanism.

Apple removes Bitchat from India app store following govt demand

Apple removes Bitchat from India app store following govt demand

Rediff.com4 Oct 2026

Apple has removed the offline messaging app Bitchat from its India App Store following a demand from the Ministry of Electronics and Information Technology (MeitY). Developed by Jack Dorsey, Bitchat faced scrutiny under Section 69(A) of the IT Act, 2000, due to concerns about its potential misuse by anti-national elements and for evading lawful surveillance, especially during public disorder. This marks the second time the app has faced government action in India.

Karthik's Comeback Victory Shakes Fenesta Open

Karthik's Comeback Victory Shakes Fenesta Open

Rediff.com7 Oct 2026

Pranav Karthik caused a significant upset at the 31st Fenesta Open National Tennis Championship in New Delhi on Wednesday, defeating fourth seed Udit Kamboj after rallying from a set down. Other top seeds like Manish Sureshkumar and several women's and junior players also advanced, though the Boys U-18 draw saw its top seed eliminated.

Air India To Launch Advanced In-Flight Entertainment Platform

Air India To Launch Advanced In-Flight Entertainment Platform

Rediff.com22 Sep 2026

Air India is developing a new in-house 'Vista Digital Platform' for its in-flight entertainment system, set to launch progressively from late 2027. This platform aims to integrate entertainment, loyalty, commerce, and travel services, enhancing passenger experience and boosting ancillary revenues through features like 'commerce-on-map' and personalisation.

SC to revisit split verdict on election commissioner selection law

SC to revisit split verdict on election commissioner selection law

Rediff.com7 Oct 2026

The Supreme Court has agreed to examine a plea seeking the recall of its recent split verdict regarding the 2023 law on the appointment of the Chief Election Commissioner and Election Commissioners. This law notably excludes the Chief Justice of India from the selection panel, a change from a previous Supreme Court directive.

5 arrested near UK base hosting US Air Force over terror charges

5 arrested near UK base hosting US Air Force over terror charges

Rediff.com27 Sep 2026

UK counter-terror police are leading an investigation after five men were arrested near RAF Fairford on suspicion of terror offences and under the Explosives Act, following a call about three suspicious vehicles. The incident prompted a major response, including the Army's Explosive Ordinance Disposal unit and the evacuation of 85 households.

No plague outbreak after Russia lab incident: WHO

No plague outbreak after Russia lab incident: WHO

Rediff.com7 Oct 2026

The World Health Organisation (WHO) has confirmed that Russian authorities reported no recent plague cases in Irkutsk oblast following the death of a laboratory worker from severe pneumonia. Initial media reports had suggested pneumonic plague, but investigations found no high-threat pathogens among contacts, and the cause of death is still being clarified by WHO.

Bollywood Salutes Nana Patekar: 'A Legend Moves On'

Bollywood Salutes Nana Patekar: 'A Legend Moves On'

Rediff.com8 Oct 2026

That voice, that intensity, that honesty in every performance he was completely his own. Nana Patekar was truly one of a kind.'

Kerala High Court Directs FIR Against Former CM Pinarayi Vijayan In CMRL Bribery Case

Kerala High Court Directs FIR Against Former CM Pinarayi Vijayan In CMRL Bribery Case

Rediff.com9 Oct 2026

The Kerala High Court has directed the Vigilance to register an FIR under the anti-graft law against former Chief Minister Pinarayi Vijayan, his daughter Veena T, and son-in-law P A Mohamed Riyas in the alleged CMRL bribery case. The court stated that information provided by the Enforcement Directorate contains sufficient material to show commission of cognizable offences under the Prevention of Corruption Act, ruling out the need for a preliminary enquiry. The court also deemed illegal the state government's decision to form a Special Investigation Team for a preliminary enquiry.

Bandhan Bank Introduces Digital PF Payment Service For Businesses

Bandhan Bank Introduces Digital PF Payment Service For Businesses

Rediff.com16 Jul 2026

Bandhan Bank has launched a new digital Provident Fund (PF) payment service, integrated with EPFO, allowing business customers to make statutory PF payments via the bank's internet banking platform. This service aims to streamline payments, optimise cash flows, and ensure timely compliance for businesses.

Sept IPO Fundraising Highest In CY26

Sept IPO Fundraising Highest In CY26

Rediff.com2 Oct 2026

The Indian IPO market recorded its highest monthly fundraising in September, with 34 mainboard companies raising 39,309 crore, despite a significant decline in the Nifty 50 index.

Mbappe diagnosed with knee hyperextension after France's Nations League match

Mbappe diagnosed with knee hyperextension after France's Nations League match

Rediff.com27 Sep 2026

France and Real Madrid star Kylian Mbappe has been diagnosed with a hyperextension of his left knee after being forced off during a Nations League match against Turkey. He has returned to Real Madrid for treatment and assessment, casting doubt on his immediate playing future.

ED searches Jaisalmer premises over Belgian funds, proselytisation

ED searches Jaisalmer premises over Belgian funds, proselytisation

Rediff.com22 Sep 2026

The Enforcement Directorate (ED) conducted searches in Jaisalmer, Rajasthan, investigating the alleged misuse of Rs 5.10 crore in foreign donations from a non-FCRA registered Belgian entity for proselytisation activities. Two local residents are accused of receiving funds without proper registration, disguising them as educational or cultural services, and using them to influence vulnerable communities.

Vijay Shekhar Sharma's Personal Bet On India's AI Future

Vijay Shekhar Sharma's Personal Bet On India's AI Future

Rediff.com7 Oct 2026

Paytm founder Vijay Shekhar Sharma has pledged personal funds, ranging from Rs 1 crore to Rs 2 crore, to Indian entrepreneurs developing their own artificial intelligence models. This initiative aims to foster indigenous AI capabilities and reduce reliance on foreign models, echoing Sharma's past success in mobile payments.