News for 'alternative data'

SBI MD Highlights Need For Alternative Data In MSME Lending

SBI MD Highlights Need For Alternative Data In MSME Lending

Rediff.com11 Aug 2026

A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.

Lenders tap alternative data as next frontier in credit fraud fight

Lenders tap alternative data as next frontier in credit fraud fight

Rediff.com28 Oct 2025

Risk assessment platforms are increasingly using diverse data sources to help lenders identify groups attempting to access credit from regulated entities and to improve the process of evaluating new-to-credit (NTC) users.

How SBI Is Revolutionising Small Business Lending With UPI Data

How SBI Is Revolutionising Small Business Lending With UPI Data

Rediff.com11 Sep 2026

State Bank of India (SBI) is developing an innovative solution to assess the creditworthiness of small businesses lacking GST registration by utilising UPI transaction data. This initiative aims to provide end-to-end digital loans within a day, addressing the financial exclusion of many small enterprises.

RSS body urges Centre to deny licence to Musk's Starlink

RSS body urges Centre to deny licence to Musk's Starlink

Rediff.com2 hours ago

The Swadeshi Jagran Manch (SJM) has urged the Indian government to deny permission to Elon Musk's Starlink for commercial satellite broadband services, citing national security concerns. The RSS-affiliated organisation highlighted issues with data bypassing Indian gateways and the potential for misuse by hostile actors, advocating for indigenous solutions.

Mumbai Airport redevelopment: Airlines must decide on Navi Mumbai shift or suspension by Summer 2027

Mumbai Airport redevelopment: Airlines must decide on Navi Mumbai shift or suspension by Summer 2027

Rediff.com3 days ago

Adani Group-controlled Mumbai International Airport Ltd (MIAL) has reiterated that airlines must decide whether to shift flights to Navi Mumbai, temporarily suspend operations at Mumbai airport, or pursue other alternatives from the summer 2027 schedule due to Terminal 1's redevelopment.

'There Is Lack Of Clarity And Openness In Census'

'There Is Lack Of Clarity And Openness In Census'

Rediff.com4 days ago

'What is the need for collecting so much data unless they are going to be used for some other purpose?'

DMK retains core vote bank depite rout, poses future challenge to TVK

DMK retains core vote bank depite rout, poses future challenge to TVK

Rediff.com13 Oct 2026

Despite recent electoral losses to the newly formed Tamilaga Vettri Kazhagam (TVK) in both the April Assembly election and October 6 by-polls, the Dravida Munnetra Kazhagam (DMK) has demonstrated a robust and independent vote bank. Electoral data indicates that the DMK maintained significant voter support, securing its position as the principal opposition party and potentially a key challenger to the TVK in future elections, including the 2029 Lok Sabha elections.

Indian IT stocks record best week in 18 years amid global AI sell-off

Indian IT stocks record best week in 18 years amid global AI sell-off

Rediff.com6 days ago

Indian IT stocks have experienced their most significant weekly surge in 18 years, with the Nifty IT index climbing 11.72 per cent, as a global sell-off in AI-linked equities redirected investor attention towards India's IT services sector. This shift aligns with a JP Morgan report identifying India as a 'natural AI hedge' due to its large, liquid market and strong domestic institutional investor base.

Passenger Vehicle Dispatches Surge 21.8% in September, Two-Wheelers Up 13.5%

Passenger Vehicle Dispatches Surge 21.8% in September, Two-Wheelers Up 13.5%

Rediff.com15 Oct 2026

Domestic passenger vehicle dispatches in India increased by 21.8 per cent year-on-year to 4,54,574 units in September, while two-wheeler sales rose 13.5 per cent to 24.63 lakh units, according to SIAM data.

Has India Fallen Out Of Love With Weight-Loss Drugs?

Has India Fallen Out Of Love With Weight-Loss Drugs?

Rediff.com2 days ago

More patients can now afford semaglutide, but the early excitement around the drug is fading.

India's Real Estate Sector Attracts Record $9.5 Billion Inflows in Q3 2026

India's Real Estate Sector Attracts Record $9.5 Billion Inflows in Q3 2026

Rediff.com29 Sep 2026

India's real estate sector recorded an unprecedented $9.5 billion in capital inflows during Q3 2026, primarily driven by foreign investors' strong interest in data centres, according to a CBRE Group report.

Co-working overtakes IT/ITeS as top office space occupier in India

Co-working overtakes IT/ITeS as top office space occupier in India

Rediff.com14 Oct 2026

For the first time, co-working spaces have surpassed the IT/ITeS sector as the largest occupier of office space in India during the January-September period, indicating a significant shift towards flexible workspaces, according to Anarock Research & Advisory.

India's Ayush Sector Looks Beyond Primary Care

India's Ayush Sector Looks Beyond Primary Care

Rediff.com6 days ago

Dedicated Ayush dispensaries increased from 26,130 in 2013-2014 to 37,804 in 2024-2025, while hospitals rose much more slowly, from 3,605 to 3,885.

By-poll debacle signals deep crisis for AIADMK in Tamil Nadu

By-poll debacle signals deep crisis for AIADMK in Tamil Nadu

Rediff.com12 Oct 2026

The AIADMK suffered a significant blow in the recent Madurantakam and Dharapuram by-polls, seeing a sharp decline in its traditional vote base. The party came in a distant third in both seats, which were previously its strongholds, raising concerns about its leadership, strategy, and future in Tamil Nadu's political landscape, especially with the rise of the TVK.

How IIT-Kanpur's AI System Can Revolutionise Welfare Delivery

How IIT-Kanpur's AI System Can Revolutionise Welfare Delivery

Rediff.com8 Sep 2026

IIT-Kanpur has developed an AI-powered "Family Score" system to identify households needing welfare support using existing government data. This system, demonstrated in collaboration with the Andhra Pradesh government, aims to provide a faster and more cost-effective alternative to traditional surveys for assessing socio-economic conditions and ensuring targeted welfare delivery.

Karnataka assembly rejects Kasturirangan report on Western Ghats

Karnataka assembly rejects Kasturirangan report on Western Ghats

Rediff.com23 Sep 2026

The Karnataka Assembly has passed a resolution rejecting the K Kasturirangan report on Western Ghats conservation in its current form. The state government urged the Centre to address deficiencies, particularly concerning the inclusion of agricultural lands and human settlements in Environmentally Sensitive Areas (ESA) without proper physical surveys or livelihood support.

Zoho Launches Unified AI Interface Zia Chat And Seven New Vertical SaaS Products

Zoho Launches Unified AI Interface Zia Chat And Seven New Vertical SaaS Products

Rediff.com23 Sep 2026

Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions by providing a single conversational platform for information, lead generation, and data analysis. Concurrently, the company has expanded into vertical SaaS with seven new industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a homegrown alternative to global tech giants.

Zoho Launches AI-Powered Zia Chat And Industry-Specific SaaS Solutions

Zoho Launches AI-Powered Zia Chat And Industry-Specific SaaS Solutions

Rediff.com23 Sep 2026

Homegrown software company Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions. Alongside this, Zoho announced its entry into vertical SaaS with seven industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a 'Swadeshi' alternative to global tech giants.

Study Reveals Alarming Health Risks Of Ultra-Processed Food Consumption

Study Reveals Alarming Health Risks Of Ultra-Processed Food Consumption

Rediff.com23 Sep 2026

A comprehensive study analysing data from over 88 lakh participants across four continents has found a significant association between the consumption of ultra-processed foods (UPFs) and increased risks of various chronic diseases, including cardiovascular events, cancer, obesity, diabetes, and even mortality. The research highlights that even small increases in UPF intake can lead to higher health risks.

India's Russian Crude Imports Dip to 5-Month Low Amid Diversification

India's Russian Crude Imports Dip to 5-Month Low Amid Diversification

Rediff.com28 Sep 2026

India's Russian crude oil imports reached a five-month low in September, dropping to 1.75 million barrels per day, as Indian refiners strategically diversify their energy supplies amidst evolving geopolitical landscapes and robust domestic demand, according to ship tracking data.

How foreign varsities modified campuses to prevent suicides

How foreign varsities modified campuses to prevent suicides

Rediff.com4 Oct 2026

Indian educational institutions are adopting physical modifications like "anti-suicide" fans and barriers to prevent student suicides, drawing parallels with measures taken by foreign universities such as Houston, Cornell, Harvard, and NYU. While these measures are seen as "bandaid solutions" by some, experts suggest restricting access to lethal means is a valid part of a comprehensive suicide prevention strategy, alongside crucial mental health support.

AI-led pricing pressure to drive consolidation among mid-tier IT firms

AI-led pricing pressure to drive consolidation among mid-tier IT firms

Rediff.com22 Sep 2026

India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.

PM Modi calls for global UPI expansion to cut remittance costs

PM Modi calls for global UPI expansion to cut remittance costs

Rediff.com8 Sep 2026

Prime Minister Narendra Modi has urged the fintech sector to expand the global reach of India's Unified Payments Interface (UPI), connecting it with local systems in other countries to help the diaspora save on remittance costs.

Why Google Picked 4 Indian Startups For Climate AI Programme

Why Google Picked 4 Indian Startups For Climate AI Programme

Rediff.com15 Sep 2026

Google has chosen four Indian startups -- Terrastack, Varaha Climate, Farmers for Forests, and Climitra Carbon -- for its inaugural Google DeepMind Accelerator: AI for the Planet programme.

Which Airlines Will Move Flights From Mumbai To Navi Mumbai?

Which Airlines Will Move Flights From Mumbai To Navi Mumbai?

Rediff.com3 Oct 2026

IndiGo will have 74 of its 224 weekly international departures affected while Air India will relocate 33 of its 100 departures.

How Global UPI Can Save Diaspora Billions In Remittance Costs

How Global UPI Can Save Diaspora Billions In Remittance Costs

Rediff.com8 Sep 2026

Prime Minister Narendra Modi has called upon the fintech industry to expand the global footprint of the Unified Payments Interface (UPI), advocating for its integration with international payment systems to reduce remittance costs for the Indian diaspora. Speaking at the Global Fintech Fest, Modi highlighted UPI's current presence in 11 countries and its connection with Singapore's local system, urging further expansion into nations with significant Indian populations or trade ties. He also stressed the need for India to set its own global payment standards and for the fintech sector to innovate beyond payments, focusing on cybersecurity, ethical data protection, and regulatory frameworks.

SC refuses to stay MDR on UPI, seeks govt's response

SC refuses to stay MDR on UPI, seeks govt's response

Rediff.com28 Sep 2026

The Supreme Court has refused to grant an interim stay on the imposition of Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000, which is set to take effect from October 15. The court has agreed to examine the challenge to this new fee and has issued notices to the Centre, RBI, and NPCI, seeking their responses within four weeks. A Public Interest Litigation (PIL) argues that the levy lacks statutory safeguards, transparency, and public consultation, and could adversely affect merchants and consumers.

Is koda-VW Finally Bring a Mass-Market EV to India?

Is koda-VW Finally Bring a Mass-Market EV to India?

Rediff.com15 Sep 2026

koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.

India broadens crude sourcing to Latin America, Venezuela becomes key supplier

India broadens crude sourcing to Latin America, Venezuela becomes key supplier

Rediff.com20 Aug 2026

India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.

Biggest Mistake MF Investors Make; Are You One Of Them?

Biggest Mistake MF Investors Make; Are You One Of Them?

Rediff.com27 Jul 2026

'Investors spend too much time picking the right mutual fund and too little time choosing the right asset allocation. That's where real wealth is created.'

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.com16 Sep 2026

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.

ED Director Navin Orders Stepped-Up Action Against IBC Fraud And Police FIR Delays

ED Director Navin Orders Stepped-Up Action Against IBC Fraud And Police FIR Delays

Rediff.com16 Sep 2026

The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.

NIIF, PB Fintech, And DGFT Announce Major Strategic Moves

NIIF, PB Fintech, And DGFT Announce Major Strategic Moves

Rediff.com7 Sep 2026

National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.

PAYD Motor Insurance: Is It Worth It?

PAYD Motor Insurance: Is It Worth It?

Rediff.com16 Sep 2026

PAYD suits infrequent drivers who can estimate annual mileage.

Bihar Prohibition Fails To Curb Crime Against Women

Bihar Prohibition Fails To Curb Crime Against Women

Rediff.com17 Aug 2026

'The prohibition regime has been accompanied by concerns regarding the expansion of the illicit liquor trade, increased enforcement challenges and corruption, and the growing use of alternative intoxicants, including illicit drugs.'

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

Buy A Mature Rocket Or Design A New One?

Buy A Mature Rocket Or Design A New One?

Rediff.com22 Sep 2026

Buying a mature rocket technology gives companies the designs and hardware know-how, but not necessarily the decades of engineering wisdom needed to make it work.

CSIR Study Develops Advanced Model For Delhi's Environmental Noise Mapping

CSIR Study Develops Advanced Model For Delhi's Environmental Noise Mapping

Rediff.com1 Sep 2026

A new study by the Council of Scientific and Industrial Research (CSIR) has developed an integrated land-use regression (iLUR) model to map environmental noise across Delhi. This innovative approach combines geographical and real-time traffic data, including vehicle counts, speeds, and honking, to provide a more accurate and cost-effective understanding of noise distribution in the city's complex urban landscape. The model aims to help authorities plan targeted measures for noise control.

'Russian Oil Is Backbone Of India's Energy Security'

'Russian Oil Is Backbone Of India's Energy Security'

Rediff.com28 Aug 2026

'In the current environment, India is effectively paying a premium for supply security and diversification.'

Why India Must Resist US Pressure On UPI Policies

Why India Must Resist US Pressure On UPI Policies

Rediff.com6 Aug 2026

A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for the defence of competition, policy autonomy, and the long-term sustainability of its payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI transactions, a move GTRI suggests should not be influenced by foreign trade complaints.