News for 'Value Added Services'

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

Rediff.com17 Jun 2026

Prime Minister Narendra Modi announced that the India-UK Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15, 2026, anticipating a significant boost to bilateral trade and investment.

Rahul Gandhi turns 56, PM Modi wishes him 'good health, long life'

Rahul Gandhi turns 56, PM Modi wishes him 'good health, long life'

Rediff.com19 Jun 2026

Congress leader Rahul Gandhi received birthday wishes from across the political spectrum as he turned 56, with Prime Minister Narendra Modi, Congress chief Mallikarjun Kharge, and various INDIA bloc leaders extending their greetings and praising his dedication to democratic values and the welfare of the marginalised.

ACB Uncovers Rs 5.92 Crore Assets From Suspended Police Official

ACB Uncovers Rs 5.92 Crore Assets From Suspended Police Official

Rediff.com3 Jun 2026

The Anti-Corruption Bureau (ACB) has registered a case of Disproportionate Assets against suspended Additional Superintendent of Police N Bhujanga Rao in Hyderabad. Searches at his properties and associates' places revealed assets valued at over Rs 5.92 crore, including agricultural land, plots, houses, cash, bank balances, gold, and cars. Rao is also implicated in a "phone tapping" case from the previous BRS regime.

Forward Deployed Engineers In High Demand

Forward Deployed Engineers In High Demand

Rediff.com15 Jun 2026

In the first three quarters of 2025, FDE job demand jumped by nearly 800 per cent.

Telangana Official Booked In Disproportionate Assets Case

Telangana Official Booked In Disproportionate Assets Case

Rediff.com22 May 2026

A government official in Telangana is under investigation for allegedly acquiring assets through corrupt practices. The Anti Corruption Bureau (ACB) conducted searches at multiple locations and found significant property documents, cash, and gold ornaments.

RBI Plans New UPI Safety Checks

RBI Plans New UPI Safety Checks

Rediff.com2 Jun 2026

Authorised push payment frauds have emerged as a growing challenge globally as scammers increasingly rely on social engineering techniques to persuade users to transfer money voluntarily, making recovery more difficult even when transactions are authenticated.

'With Double Deflation, We May Be Mixing Apples And Oranges In GDP'

'With Double Deflation, We May Be Mixing Apples And Oranges In GDP'

Rediff.com2 Mar 2026

'My concern is that, although everything is expressed in monetary terms, you are effectively combining values that have been adjusted using different price measures.'

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Bajaj Finserv To Invest In AI, Tech Startups Over Five Years

Rediff.com28 May 2026

Bajaj Finserv announced a strategic initiative to invest up to Rs 2,000 crore in artificial intelligence and technology-led startups over the next five years, along with a collaboration with IIT-Bombay for joint research.

'Why is Gill not in T20s?' Azharuddin asks

'Why is Gill not in T20s?' Azharuddin asks

Rediff.com17 Jun 2026

Former India captain Mohammed Azharuddin has voiced concerns over the current Indian cricket team selections, particularly questioning Shubman Gill's exclusion from T20Is and the non-selection of domestic stalwarts Sarfaraz Khan and Auqib Nabi for the Test squad. Azharuddin stressed the importance of consistent performance and the need for more Test cricket, while also commenting on captaincy roles and player retirements.

How Paytm's Separation From PPBL Secured Its Future

How Paytm's Separation From PPBL Secured Its Future

Rediff.com29 Apr 2026

Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.

How A Suspended CISF Constable Misused His ID For Drug Smuggling

How A Suspended CISF Constable Misused His ID For Drug Smuggling

Rediff.com3 Jun 2026

A suspended CISF constable was apprehended in Hyderabad for allegedly possessing and smuggling 158 kgs of dry ganja worth Rs 79 lakh. He reportedly misused his official ID to evade police checks and continued drug trafficking even after a previous arrest and suspension.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com13 May 2026

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

'Market Has Become Excessively Bearish On India'

'Market Has Become Excessively Bearish On India'

Rediff.com11 Jun 2026

'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'

Manufacturing lifts pvt sector activity in April

Manufacturing lifts pvt sector activity in April

Rediff.com24 Apr 2026

India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Rediff.com18 May 2026

Indian benchmark indices, Sensex and Nifty, closed marginally higher after a volatile trading session, driven by value buying in IT and select blue-chip counters, despite global crude price hikes and a weak rupee.

India Audits 101 Cities To Assess Ease Of Living

India Audits 101 Cities To Assess Ease Of Living

Rediff.com7 May 2026

India is conducting a special audit of 101 cities to assess ease of living from the citizen's perspective, Comptroller and Auditor General K Sanjay Murthy said.

How Goa Police Busted Interstate Heroin Smuggling Network

How Goa Police Busted Interstate Heroin Smuggling Network

Rediff.com1 Jun 2026

Goa police have dismantled an interstate heroin smuggling network, arresting four individuals, including the primary suspect from Uttar Pradesh. The investigation began after a raid near the Betim jetty, leading to the apprehension of Nepali nationals with a significant quantity of heroin.

Hyderabad Water Board Official Under Graft Cloud, Assets Seized

Hyderabad Water Board Official Under Graft Cloud, Assets Seized

Rediff.com19 May 2026

The Anti-Corruption Bureau has registered a case of disproportionate assets against an official of the Hyderabad Metropolitan Water Supply and Sewerage Board and found assets worth over Rs 5.88 crore during searches.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com26 May 2026

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

Chandigarh, Delhi have highest share of services in GVA: NITI

Chandigarh, Delhi have highest share of services in GVA: NITI

Rediff.com4 Nov 2025

The share of services in gross value added (GVA) in 2023-24 was the highest in Chandigarh (88.8 per cent), followed by Delhi (84.1 per cent), said a NITI Aayog report released recently.

Why Customer Experience Is Key For Indian Banks

Why Customer Experience Is Key For Indian Banks

Rediff.com21 May 2026

An EY India report suggests that banks must compete on customer experience and evolve physical branches into phygital advisory hubs. The report highlights the importance of anticipating customer needs and blending digital tools with human interaction.

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.

'Doyen of Indian PMs': US, Russia hail Modi on tenure milestone

'Doyen of Indian PMs': US, Russia hail Modi on tenure milestone

Rediff.com11 Jun 2026

US President Donald Trump described Prime Minister Narendra Modi as 'a Great One', while Russia hailed him as the 'doyen of all Indian prime ministers' as world leaders congratulated him on becoming India's longest continuously serving elected representative at the top post.

Gorilla Technology Boosts AI Infrastructure Collaboration With Yotta

Gorilla Technology Boosts AI Infrastructure Collaboration With Yotta

Rediff.com29 Apr 2026

UK-based Gorilla Technology Group is expanding its AI infrastructure collaboration with Yotta Data Services in India, deploying additional GPU cards to support large-scale AI compute infrastructure.

Cash In Circulation Hits Record Rs 42.86 Trillion

Cash In Circulation Hits Record Rs 42.86 Trillion

Rediff.com22 May 2026

Cash remains dominant for many transactions despite continued expansion in digital payments across the country.

GST Returns May Lose Edit Option

GST Returns May Lose Edit Option

Rediff.com22 May 2026

Businesses may eventually have to file returns largely based on invoices uploaded by suppliers, with limited scope for manual changes.

Maruti's Bhargava puts biogas ahead of hybrids, bats for more sops

Maruti's Bhargava puts biogas ahead of hybrids, bats for more sops

Rediff.com29 May 2026

Maruti Suzuki Chairman R C Bhargava is pushing for increased government incentives for biogas-powered vehicles over hybrids, emphasising their net-zero carbon emissions and the valuable organic manure they produce, while also advocating for continued GST benefits for electric vehicles.

NPCI Bhim Aims To Double Market Share

NPCI Bhim Aims To Double Market Share

Rediff.com20 May 2026

NPCI BHIM Services Ltd is expanding the BHIM app to feature phones to increase financial inclusion and diversify revenue through financial product distribution. The app aims to double its market share and is focusing on partnerships with banks and new features like UPI Circle.

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com8 May 2026

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

Smallcap Schemes Lead Mutual Fund Rally

Smallcap Schemes Lead Mutual Fund Rally

Rediff.com1 Jun 2026

Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.

How Operation Sindoor Hurt IPL's Brand Value

How Operation Sindoor Hurt IPL's Brand Value

Rediff.com16 Dec 2025

The Indian Premier League's overall brand value declined by 20 per cent to $9.6 billion in 2025 due to lost momentum in the league caused by tensions between India and Pakistan, and teams adjusting to their squad composition post the auction.

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

Why Credit Card Usage Is Booming In India

Why Credit Card Usage Is Booming In India

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, driven by private sector banks, while debit card usage declines due to growing adoption of UPI and digital wallets, according to an RBI report.

Dubai Based Man Masterminded Betting Fraud: ED

Dubai Based Man Masterminded Betting Fraud: ED

Rediff.com16 May 2026

The Enforcement Directorate (ED) has identified a Grenadian man based in Dubai as the 'beneficial owner' of a Delhi-based company involved in a large-scale betting, gaming, and cyber fraud-linked money-laundering operation in India.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com13 May 2026

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

'A distinguished leader of the Olympic Movement': Tributes Pour In For Randhir Singh

'A distinguished leader of the Olympic Movement': Tributes Pour In For Randhir Singh

Rediff.com27 May 2026

The Indian sporting fraternity mourns the death of veteran administrator and former shooter Randhir Singh, with tributes pouring in from prominent figures like Abhinav Bindra and various sports organisations.

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Rediff.com14 May 2026

Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.

Tributes Pour In For Sports Administrator Randhir Singh

Tributes Pour In For Sports Administrator Randhir Singh

Rediff.com27 May 2026

The Indian sporting fraternity mourns the death of veteran administrator and former shooter Randhir Singh, with tributes pouring in from prominent figures like Abhinav Bindra and PT Usha.

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

Rediff.com29 May 2026

"There is a sharp jump that we have seen in bookings of EVs... The jump, at least in our case, in just two months, it is about 2 to 2.5 times of what it used to be"