HDFC Bank has submitted two names to the Reserve Bank of India for the managing director and chief executive position, following incumbent Sashidhar Jagdishan's decision not to seek reappointment. The bank also announced board changes, increasing whole-time directors to four and appointing Jimmy Tata as an executive director. This move comes as Jagdishan's term ends in October, creating a tight timeline for succession.
'When the women of India become unstoppable, India becomes unstoppable.'
The Centre has informed the Delhi High Court that adults, including those in non-heterosexual relationships, should be allowed to nominate partners for medical decision-making in cases of incapacity. This submission comes in response to a petition seeking recognition of same-sex partners as medical representatives, with the government stating this approach aligns with existing legal and ethical frameworks, respecting patient autonomy and ensuring continuity of care.
'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'
Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.
MS Dhoni's reported bid for a stake in Chennai Super Kings has been denied by the franchise, which said the former captain never approached them about buying a share in the IPL team.
Finance Minister Nirmala Sitharaman announced that India's real GDP grew by 7.8 per cent in the April-June quarter, surpassing the RBI's forecast. She attributed this strong performance to government reforms and agile economic management, reaffirming the government's commitment to expanding economic opportunities.
India is making a significant push to establish itself as a global semiconductor manufacturing hub, driven by strategic investments and policy support. The upcoming SEMICON India 2026 event will showcase the country's advancements and ambitions in this critical industry, which underpins virtually all modern electronic devices and has faced global supply chain vulnerabilities.
Dig into the prospectus. Use the prospectus to understand the business and its risks.
rediffGURU Nagarajan JSK, a career counsellor with over 30 years of experience, addressed readers' queries and offered practical advice on how to make the right decision.
The Indian government has introduced a 0.4% transaction fee on UPI payments above Rs 2,000 for merchants, effective October 15, sparking a political row. The Congress party has labelled it a "Modi tax" and accused the government of succumbing to US pressure, while the BJP has defended the move, clarifying that consumers will not be charged and small vendors are protected. The finance ministry reiterated that the charge is on merchants, not customers.
Tamil Nadu's ruling TVK and its post-poll allies have officially named their front the "Secular Social Justice Victory" alliance, with Chief Minister C Joseph Vijay elected as its leader. The alliance, which includes Congress, VCK, and IUML, is preparing for upcoming bypolls on October 6, which will serve as an initial test of its strength. Leaders emphasised the alliance's ideological foundation rooted in secularism and social justice, aiming to protect constitutional values and oppose communal forces.
The Indian government has expanded its Nasha Mukt Bharat Abhiyaan by signing agreements with four spiritual organisations. These partnerships aim to enhance grassroots awareness, prevention, recovery, and social mobilisation efforts against substance abuse, leveraging the extensive reach of these groups.
The Congress party has criticised the government's new 0.4% charge on UPI transactions above Rs 2,000 for merchants, terming it a "Modi tax". Opposition leaders, including Rahul Gandhi and Mallikarjun Kharge, allege that this move will ultimately burden consumers through price hikes and accuse the government of succumbing to American pressure to dilute India's zero-MDR policy. The government states the charge will support banks and fintechs.
Unified Payments Interface (UPI) transactions in India reached Rs 29.8 lakh crore in August, approaching record levels. Volume also hit a new high of 24.51 billion transactions, driven by festive activities like Raksha Bandhan. The digital payment system continues its rapid growth, expanding its global presence to 11 countries, with further growth anticipated during the upcoming festive season and new use cases like credit on UPI.
RNFI Services Ltd has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator - Physical (PA-P). This approval allows the company to expand its financial infrastructure into physical, offline, and in-store payments, complementing its existing regulated financial services portfolio.
'This rise in foreign exchange reserves was expected given the amount of FCNR(B) flow.'
India may have a vast coastline and a strategic location, but it will become a true maritime nation only when its people understand, value and actively participate in the maritime ecosystem, asserts Vice Admiral Biswajit Dasgupta (retd).
Flexi-cap mutual fund schemes have attracted nearly Rs 50,000 crore in net inflows during January-July 2026, a 27 per cent increase year-on-year, as investors increasingly favour dynamic equity strategies.
FIFA President Gianni Infantino is set to attend the opening match of the Under-20 Women's World Cup in Katowice, marking his first public appearance at a FIFA-organised tournament since his controversial $20 billion proposal to sell a stake in the World Cup was abandoned in July due to widespread backlash.
Senior BJP leader Rajendra Rathore has formally objected to the use of a song dedicated to Maharana Pratap in "Mirzapur The Movie", demanding its removal from the Central Board of Film Certification. Rathore argues that using the historical song in a scene with criminal characters disrespects Maharana Pratap and hurts public sentiments. The song's composer, Rapperiya Balam, also claims it was used without his permission and that its placement glorifies villains, insulting Rajasthan and Maharana Pratap.
rediffGURU Anu Krishna recommends being patient, and consulting with a professional to help rebuild intimacy and strengthen communication in the marriage.
Regional Indian airline FLY91 has placed a significant order for 40 new ATR 72-600 turboprop aircraft, valued at nearly USD 1 billion. This marks the single largest order for ATR planes by a regional carrier globally and is set to dramatically expand FLY91's network, connecting more unserved and underserved cities across India. Deliveries are scheduled from late 2027 to 2032, supporting the airline's goal of operating over 60 aircraft.
Congress leader Rahul Gandhi has accused the Modi government of quietly paving the way for imposing fees on UPI transactions, alleging it's a surrender to American pressure. The government's recent notification exempts charges only up to Rs 2,000, sparking concerns that higher value transactions and eventually all UPI payments could incur fees. Finance Minister Nirmala Sitharaman, however, clarified that Merchant Discount Rate (MDR) applies to merchants, not customers, and supports digital infrastructure.
'Everyone has a surname, and I think everyone has an equal responsibility to live up to that name.'
The new range brings Ola's 46-series LFP cells to its most affordable scooter lineup aimed at India's mass-market electric vehicle (EV) buyers.
Ishan Kishan, after scoring an epic 270 in the Duleep Trophy final, revealed that freeing his mind from overthinking and expectations has been crucial to his recent success. He emphasised focusing solely on scoring runs and winning matches, a change that came after a turbulent phase in his career, including losing his BCCI central contract. Kishan highlighted the importance of domestic cricket for reflection and growth, enabling him to return stronger.
Flood insurance claims can be rejected or reduced if homeowners do not understand what their policy actually covers.
A report by Bain & Company and HealthQuad identifies remote patient monitoring, OT/ICU optimisation, and chronic disease management as key opportunities for Artificial Intelligence in Indian healthcare. The report highlights a shift from experimental AI to real-world applications, driven by government initiatives, increasing EMR adoption, and a robust startup ecosystem. AI's autonomous capabilities are rapidly advancing while costs decrease, creating significant growth potential for providers and startups.
A new report reveals that enterprise AI investment in India has surged by 119 per cent, exceeding the global average. However, only 22 per cent of Indian organisations have established adequate governance frameworks, creating a significant gap between rapid deployment and safe, scalable AI adoption. This lack of governance impacts operational depth and raises concerns about transparency, regulation, and data privacy.
Rental yield can indicate whether a property is undervalued, overvalued or fairly valued.
Odisha Police's STF and the Wildlife Crime Control Bureau are investigating the rescue of five baby orangutans in Balasore, suspecting an international wildlife trafficking network. The probe focuses on a black SUV seen near the rescue site and potential routes from West Bengal, with officials believing the animals were trafficked from Southeast Asia. Chief Minister Mohan Charan Majhi has called for stringent action against those involved.
BAFs seek to offer a smoother experience across market cycles, not the full upside of a bull market.
Cricket Australia has announced that private investment will be introduced into the Big Bash League (BBL) from the 2027-28 season, beginning with the sale of the Melbourne Renegades T20 franchise, a move aimed at strengthening the league's long-term future and boosting finances.
Union Home Minister Amit Shah lauded UPI on its 10th anniversary, highlighting its role in India's digital transformation. Launched by NPCI in 2016, UPI has become the world's largest real-time payment system, witnessing a massive surge in transaction volume and value, demonstrating its success in empowering people with swift, seamless, and secure digital transactions.
The Closing Auction Session (CAS) on expiry day led to unprecedented volatility in the Nifty 50 and Sensex, causing the indices to swing wildly in just 14 minutes and raising concerns among traders about market manipulation and increased speculation.
'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'
Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.
A new report by CIEL HR indicates a massive 260 per cent year-on-year surge in demand for Agentic AI engineers in India by 2026. This growth highlights AI's increasing role in automating routine tech functions and the evolving landscape of technology skills, prompting organisations to invest in reskilling and talent development to meet the rising demand for AI, cloud, and cybersecurity expertise.
