News for 'financial technology'

Lost Your Job? Protect Your Finances

Lost Your Job? Protect Your Finances

Rediff.com26 Aug 2026

List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Rediff.com21 Aug 2026

A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.

The Lawyer Who Quit Her Job To Make Lord Ganeshas

The Lawyer Who Quit Her Job To Make Lord Ganeshas

Rediff.com6 days ago

A third generation murtikar and probably one of the first in her family, Manaswi Bagwe, a self-taught sculptor, is quietly pushing the boundaries of idol-making.

SHANTI Rules Boost Nuclear Investment

SHANTI Rules Boost Nuclear Investment

Rediff.com24 Aug 2026

The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.

Satyendar Jain says his arrest linked to Punjab polls

Satyendar Jain says his arrest linked to Punjab polls

Rediff.com19 Aug 2026

Former Delhi minister Satyendar Jain has been arrested by the Anti-Corruption Branch (ACB) in connection with an alleged corruption case involving the tendering process for sewage treatment plant projects of the Delhi Jal Board (DJB). Jain claims the arrest is politically motivated, linking it to the upcoming Punjab Assembly polls. Five other individuals, including a former DJB CEO, were also arrested in the case, which alleges irregularities and favouritism in tender conditions.

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Rediff.com20 Aug 2026

India's capital markets regulator, Sebi, has simplified the onboarding process for foreign portfolio investors (FPIs) by permitting them to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation or apostillisation.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com1 Sep 2026

'Improved law and order and transparent governance have helped change UP's investment image.'

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com14 Aug 2026

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com14 Aug 2026

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com7 Sep 2026

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

Financial Woes Lead To Tragic Father-Son Deaths In Delhi

Financial Woes Lead To Tragic Father-Son Deaths In Delhi

Rediff.com6 Jun 2026

A 54-year-old man in northeast Delhi allegedly poisoned his 13-year-old son before dying by suicide, reportedly due to severe financial problems and ongoing separation proceedings with his wife. Police are investigating the tragic incident.

Why Bank Frauds Keep Rising

Why Bank Frauds Keep Rising

Rediff.com7 Aug 2026

'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'

Hospitals Oppose Room Rate Cap

Hospitals Oppose Room Rate Cap

Rediff.com27 Aug 2026

'Indian private sector hospitals provide quality healthcare at a fraction of the global cost.'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com28 Aug 2026

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

Karnataka Launches Tathyakosh.in To Centralise India's Public Data

Karnataka Launches Tathyakosh.in To Centralise India's Public Data

Rediff.com12 Aug 2026

The ACSEL Technology Forum, a Karnataka government Centre of Excellence in AI, has launched Tathyakosh.in, a digital public good designed to make India's extensive public data more accessible. This platform consolidates over 1.5 million datasets from 458 sources, addressing the challenge of fragmented data discovery across various government and research portals. It aims to benefit researchers, startups, and technology teams in sectors like healthcare, agriculture, and financial inclusion by providing a structured and discoverable data infrastructure.

Why Foreign Investors Are Missing India's Real Story

Why Foreign Investors Are Missing India's Real Story

Rediff.com2 Sep 2026

If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.

India launches Rs 62,500 crore mobile production scheme to boost local brands

India launches Rs 62,500 crore mobile production scheme to boost local brands

Rediff.com22 Aug 2026

India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.

Ram Temple Trust: The 5 New Guardians

Ram Temple Trust: The 5 New Guardians

Rediff.com4 Sep 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust has appointed a new leadership team, including retired Air Marshal Jeetendra Mishra as CEO, Ayodhya lawyer Madan Mohan Pandey as trustee, Delhi businessman Mahesh Bhagchandka as treasurer, and Dr Nirmala Yadav as the first woman trustee, to address allegations of theft and improve administration and devotee facilities.

Jio Platforms gets Sebi nod to launch India's biggest IPO

Jio Platforms gets Sebi nod to launch India's biggest IPO

Rediff.com28 Aug 2026

Jio Platforms Ltd, the digital services arm of Reliance Industries, has secured Sebi's final observation to launch an initial public offering (IPO) aiming to raise approximately USD 4 billion (Rs 37,700 crore), potentially making it the largest IPO in India's history.

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

Rediff.com27 Aug 2026

JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.

Your KYC Is More Important Than You Think

Your KYC Is More Important Than You Think

Rediff.com11 Aug 2026

Keeping KYC information accurate and current should, therefore, be seen not merely as meeting a regulatory requirement, but as an important part of safeguarding one's own financial identity and safety, explains RBI Deputy Governor J Swaminathan.

'People Were Crying That Their Builder Screwed Them'

'People Were Crying That Their Builder Screwed Them'

Rediff.com10 Sep 2026

'I met with people who had their flats redeveloped. I saw this was a real human struggle.' 'People get caught in the middle between their dreams, wishes and their community.'

PM promises Rs 1 lakh crore Innovation Fund for start-ups

PM promises Rs 1 lakh crore Innovation Fund for start-ups

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has called upon India's youth to dream big, assuring them of government support and resources, including a Rs 1 lakh crore Innovation Fund, to bolster the country's burgeoning startup ecosystem and drive its journey towards becoming a developed nation.

Finfluencer Advice: What Investors Must Know

Finfluencer Advice: What Investors Must Know

Rediff.com13 Aug 2026

Verify a content creator's Sebi registration, qualifications and certifications before acting on their advice.

Small Nuclear Reactors To Cost About Rs 7,000 Crore

Small Nuclear Reactors To Cost About Rs 7,000 Crore

Rediff.com4 Aug 2026

Construction of the approved reactor projects is expected to take five to six years after receiving financial approval.

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

Rediff.com11 Aug 2026

Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com3 Aug 2026

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

Govt to merge NSEL with Financial Technologies

Govt to merge NSEL with Financial Technologies

Rediff.com21 Oct 2014

The crisis-hit NSEL is promoted by Jignesh Shah-led Financial Technologies (India) Ltd.

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

Rediff.com17 Aug 2026

SEBI Chairman Tuhin Kanta Pandey stated that cybersecurity is now a board-level concern, not just an IT challenge, emphasising the need for caution when deploying artificial intelligence in critical infrastructure. He highlighted that AI for cybersecurity must be secure, governed, and accountable, and also addressed the emerging risks from quantum computing, urging collective resilience and sharing of best practices among regulators.

'Rs 12 Lakh Crore Disappeared from India's GDP'

'Rs 12 Lakh Crore Disappeared from India's GDP'

Rediff.com4 Sep 2026

'The fundamental issue that I have raised, how come India's GDP in current prices went down from Rs 86 lakh crore down to Rs 80 lakh crore -- a staggering erasure of Rs 6 lakh crore. This disappearance of Rs 6 lakh crore has not been answered by anyone.'

NTA Faces Major Exam Process Overhaul

NTA Faces Major Exam Process Overhaul

Rediff.com18 Aug 2026

The overhaul comes after a series of controversies surrounding the conduct of examinations administered by NTA, which has faced questions over examination security and its handling of irregularities.

How CII-IWN Is Empowering Women Through Practical AI Skills

How CII-IWN Is Empowering Women Through Practical AI Skills

Rediff.com9 Aug 2026

The Confederation of Indian Industry-Indian Women Network (CII-IWN) organised a hands-on Artificial Intelligence (AI) workshop in Chandigarh for women entrepreneurs and professionals. The session focused on practical applications of AI, including generative AI and LLMs, to address business challenges and enhance productivity across various functions like marketing, content creation, and data analysis.

US Visa Pause Clouds Travel Plans

US Visa Pause Clouds Travel Plans

Rediff.com27 Aug 2026

'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Nihal Sarin has a strong message for struggling Gukesh

Nihal Sarin has a strong message for struggling Gukesh

Rediff.com17 Aug 2026

Indian Grandmaster Nihal Sarin discusses fellow world champion D Gukesh's recent performance slump, attributing it to a lack of confidence rather than a decline in skill. Sarin expresses hope that the upcoming Chess Olympiad will help Gukesh regain his form. He also shares his views on the increasing role of AI in chess, the evolution towards faster formats, and potential improvements in the chess ecosystem.

Coal India, ArcelorMittal Nippon Steel Ink MoU For Odisha Gasification Plant

Coal India, ArcelorMittal Nippon Steel Ink MoU For Odisha Gasification Plant

Rediff.com12 Aug 2026

State-owned Coal India Ltd (CIL) and ArcelorMittal Nippon Steel India (AMNS) have signed an MoU to explore setting up a coal gasification plant near AMNS's Paradip pellet plant in Odisha. This initiative aims to produce synthesis gas for cleaner steel production, reduce reliance on imported fuels, and align with India's goal of gasifying 100 million tonnes of coal by 2030, supported by a Rs 37,500-crore government incentive scheme.

Financial Technologies' exchanges abroad under lens

Financial Technologies' exchanges abroad under lens

Rediff.com31 Aug 2013

Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind

Is Paying Through Your Bank Safer Than UPI?

Is Paying Through Your Bank Safer Than UPI?

Rediff.com2 Sep 2026

Can your money be protected against online frauds like hacking, digital arrests, etc?

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Rediff.com10 Jul 2026

Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.

How Deepak Dhar's Statistical Mechanics Work Earned Him The Dirac Medal

How Deepak Dhar's Statistical Mechanics Work Earned Him The Dirac Medal

Rediff.com12 Aug 2026

Indian physicist Deepak Dhar, a professor at ICTS-TIFR in Bengaluru, has been awarded the prestigious 2026 Dirac Medal for his significant contributions to statistical mechanics. He shares the honour with three other physicists for their work on understanding complex systems, with applications in diverse fields like biology, finance, and AI. Dhar is particularly recognised for his "sandpile model" and has previously received the Padma Bhushan and Boltzmann Medal.