News for 'innovation challenge'

How India can become a high-income country

How India can become a high-income country

Rediff.com20 Feb 2025

For India to transform into a high-income country with a projected gross domestic product (GDP) of $23-35 trillion, will need a sustained annual growth of 8 per cent to 10 per cent. This will be powered by India's demographic dividend, technological innovation, and sectoral transformation, according to the "India@2047: Transforming India Into A Tech-Driven Economy" report by Bain & Company and Nasscom. By 2047, the services sector is expected to contribute 60 per cent of India's GDP, while manufacturing will account for 32 per cent, both playing a pivotal role in economic expansion.

India, US ink pact to boost cooperation among startups, promote innovation

India, US ink pact to boost cooperation among startups, promote innovation

Rediff.com15 Nov 2023

India and the US have signed an agreement to promote innovation through increasing cooperation among startups, address regulatory hurdles and share best practices on fundraising by entrepreneurs, an official statement said on Wednesday. The memorandum of understanding (MoU) on enhancing innovation ecosystems through an innovation handshake under the framework of India-US Commercial Dialogue was signed on November 14 in San Francisco. Commerce and Industry Minister Piyush Goyal is in San Francisco.

In India, Apple meets environment target

In India, Apple meets environment target

Rediff.com16 Apr 2025

iPhone maker Apple has met its replenishment target for freshwater withdrawals for corporate operations in India in 2023, the company said in its environmental progress report released on Wednesday. Globally, Apple has set a goal to replenish 100 per cent of corporate freshwater withdrawals in high-stress locations by 2030.

What Bessemer plans to do with its $350 million India-only fund

What Bessemer plans to do with its $350 million India-only fund

Rediff.com19 Mar 2025

Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies.

The Best Engineering Streams After Class 12

The Best Engineering Streams After Class 12

Rediff.com29 Apr 2025

Computer science has been an evergreen choice among engineering aspirants. However, with the rise in AI, students are increasingly realising the potential of automation and robotics.

'Trump Has No Enemies. He Has No Friends'

'Trump Has No Enemies. He Has No Friends'

Rediff.com17 May 2025

'In the Indian government there are no illusions about the United States reliability or the possibility of having any kind of preferential treatment from Washington when it comes to trade.'

7 Money Secrets Rich People Don't Want You To Know

7 Money Secrets Rich People Don't Want You To Know

Rediff.com24 Apr 2025

Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan

What Went WRONG with LSG?

What Went WRONG with LSG?

Rediff.com20 May 2025

It was Rishabh Pant's brief, unconvincing stint at the crease that starkly epitomised his season-long struggle

In Numbers: IPL 2025 Witnesses Rise of No. 3 Batters

In Numbers: IPL 2025 Witnesses Rise of No. 3 Batters

Rediff.com14 Apr 2025

The Indian Premier League IPL) throws up surprises every season, with underdogs rising to challenge established powerhouses, new players emerging as key contributors, or teams overcoming seemingly insurmountable odds. Every match days, the record books are rewritten as players consistently strive to push their personal bests and achieve new heights.

Innovator Design Challenge India

Innovator Design Challenge India

Rediff.com22 Aug 2008

Cypress Semiconductor Corp. announces the PSoC(R) Innovator Design Challenge India, a multi-discipline design contest open to engineering students in India.

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Rediff.com3 Apr 2025

"These latest so-called 'Liberation Day' tariffs are reckless and self-destructive, inflicting financial pain on Illinois at a time when people are already struggling to keep their small businesses afloat and put food on the table."

Reliance Q4 profit rises 2.4%, becomes 1st co with Rs 10 lakh cr networth

Reliance Q4 profit rises 2.4%, becomes 1st co with Rs 10 lakh cr networth

Rediff.com25 Apr 2025

Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance cost. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March - the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was higher than Rs 18,951 crore, or Rs 14 a share, in the same period a year back, the company said in a statement.

'Elon Musk was fascinated about Kumbh Mela'

'Elon Musk was fascinated about Kumbh Mela'

Rediff.com18 Jan 2025

Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.

What To Expect At Aero India 2025

What To Expect At Aero India 2025

Rediff.com7 Feb 2025

'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).

'Everybody Is Scared'

'Everybody Is Scared'

Rediff.com15 Apr 2025

'We want to hide it (by saying) we are too busy in our lives, we have other things to attend to, we have families.' 'But they all had families, including Jyotiba or Mahatma Gandhi, or anybody who challenged the system.'

Women RPF personnel to carry chilli spray cans to deter threats

Women RPF personnel to carry chilli spray cans to deter threats

Rediff.com8 Mar 2025

According to the railway ministry, this non-lethal yet effective tool will help women RPF personnel tackle challenging situations swiftly, particularly while safeguarding female passengers travelling alone or with children to ensure their safer train journeys.

Kohli will play for India at LA 2028 Olympics if...

Kohli will play for India at LA 2028 Olympics if...

Rediff.com15 Mar 2025

Virat Kohli said international T20 leagues around the world had played a big role in elevating the profile of cricket and ensuring it was showcased at the Olympic Games.

2,148 Edtech Start-Ups Have Shut Down

2,148 Edtech Start-Ups Have Shut Down

Rediff.com15 Jan 2025

'Many were caught in a burnout race, chasing unsustainable growth without innovating.'

Tech disrupting traditional industries, warn biz leaders

Tech disrupting traditional industries, warn biz leaders

Rediff.com13 Feb 2025

Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.

India's N-E landlocked, B'desh only...: Yunus pitch to China

India's N-E landlocked, B'desh only...: Yunus pitch to China

Rediff.com1 Apr 2025

Bangladesh's Chief Adviser Muhammad Yunus has called upon China to expand its economic influence in Bangladesh, controversially mentioning that India's northeastern states being landlocked could present an opportunity. Yunus, who recently visited China and met with President Xi Jinping, highlighted Bangladesh's role as the "only guardian of the ocean " in the region, suggesting it could be a pathway for Chinese economic expansion. This statement has sparked debate, with Sanjeev Sanyal, a member of Prime Minister Narendra Modi's economic advisory council, questioning the relevance of India's landlocked states in Yunus' appeal to China. Yunus, however, emphasized the importance of a strong friendship with China, viewing it as a counterbalance to India. During his visit, Yunus signed nine agreements with Beijing and secured USD 2.1 billion in investments, loans, and grants from the Chinese government and companies.

PM Modi's recipe for creating jobs

PM Modi's recipe for creating jobs

Rediff.com5 Mar 2025

Prime Minister Narendra Modi on Wednesday urged all stakeholders to come together and invest in people for skill development, nurturing talent and promoting innovation which are essential for job creation and boosting the economy. Participating in post-Budget webinar on employment, Modi said the government has provided skill training to 3 crore youth since 2014 and decided to upgrade 1,000 ITIs and set up five centres of excellence.

WFO Or WFH? The Debate Goes On...

WFO Or WFH? The Debate Goes On...

Rediff.com19 Feb 2025

'Given a chance, more than 50 per cent of employees would switch to WFH as opposed to working from office.'

'Employees Aren't Use-And-Throw Objects'

'Employees Aren't Use-And-Throw Objects'

Rediff.com16 Apr 2025

'You think: Did I fail the people I had to let go? Did I promise something I couldn't deliver? That day (when we had to sack 70 people) will stay with me.'

'This Is Your Chance, India'

'This Is Your Chance, India'

Rediff.com14 Feb 2025

'You don't need massive industry or huge energy resources.' 'You could start with just 3 or 4 people in a coffee shop and invent the world.'

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

India maintains high import duty on American goods: US report

India maintains high import duty on American goods: US report

Rediff.com1 Apr 2025

India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.

Kohli's Century of Fifties Crushes Rajasthan!

Kohli's Century of Fifties Crushes Rajasthan!

Rediff.com14 Apr 2025

Virat Kohli, the maestro of the chase, orchestrated a dominant nine-wicket victory for Royal Challengers Bengaluru (RCB) against Rajasthan Royals in Jaipur on Sunday.

'India Has Maths Talent To Lead AI Research'

'India Has Maths Talent To Lead AI Research'

Rediff.com9 Jan 2025

'India has the maths talent, academic institutions, and research institutions to do the next big thing.'

Can CSK Spin Their Way To 6th IPL Title?

Can CSK Spin Their Way To 6th IPL Title?

Rediff.com20 Mar 2025

Five-time IPL champions Chennai Super Kings have no paucity of talent to excel in IPL 2025, especially in home conditions.

AI tool MuleHunter to tackle financial fraud

AI tool MuleHunter to tackle financial fraud

Rediff.com9 Dec 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday said the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model MuleHunter.ai to address the growing issue of mule bank accounts that are often used for committing financial fraud. Developed by the Reserve Bank Innovation Hub, the new initiative is piloted with two public sector banks.

'Consumers should not pay higher taxes for clean technologies'

'Consumers should not pay higher taxes for clean technologies'

Rediff.com7 Apr 2025

'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'

India to grow by 6.3-6.8% in FY26: Eonomic Survey

India to grow by 6.3-6.8% in FY26: Eonomic Survey

Rediff.com31 Jan 2025

India's economy is projected to grow between 6.3 per cent and 6.8 per cent in FY26, according to the Economic Survey 2024-25, tabled in Parliament on Friday. The survey highlights that the country's economic fundamentals remain strong, supported by a stable external account, fiscal consolidation, and private consumption. It noted that the government plans to strengthen long-term industrial growth by focusing on research and development (R&D), micro, small, and medium enterprises (MSMEs), and capital goods.

Roshni Nadar Malhotra, 3rd Richest Indian

Roshni Nadar Malhotra, 3rd Richest Indian

Rediff.com10 Mar 2025

Only Mukesh Ambani and Gautam Adani are ahead of her.

Tribunal stays CCI ban on WhatsApp-Meta data sharing

Tribunal stays CCI ban on WhatsApp-Meta data sharing

Rediff.com23 Jan 2025

The National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by competition watchdog CCI on data-sharing practices between WhatsApp and Meta for advertising purposes, offering a breather to the tech giant. Meta welcomed the "NCLAT's decision to grant a partial stay on the Competition Commission of India's (CCI) order" and said it will evaluate next steps.

AI & automation to play a crucial role for retail industry in 2025

AI & automation to play a crucial role for retail industry in 2025

Rediff.com30 Dec 2024

With the rapid evolution of channels like quick-commerce and the emergence of ONDC, the Indian retail industry is 'cautiously optimistic' for 2025, in which new-age technologies such as AI and automation will play a crucial role, driving efficiency and personalisation.

Google's Willow milestone may revolutionise AI, quantum computing

Google's Willow milestone may revolutionise AI, quantum computing

Rediff.com12 Dec 2024

With Google announcing the milestone of Willow - a state-of-the-art quantum computing chip that can solve complex problems in under five minutes, a computation so complex it would have taken a supercomputer around 10 septillion (10^25) years to complete - tech experts believe this breakthrough could impact artificial intelligence (AI), particularly by making it more accessible to the masses. However, industry players caution that it may take several years for this innovation to become commercially viable.

WPL PIX: MI edge GG but stay in 2nd spot

WPL PIX: MI edge GG but stay in 2nd spot

Rediff.com10 Mar 2025

MI will aim to seal their direct qualification to the final by finishing at the top when they face Royal Challengers Bengaluru in the final league match on Tuesday.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

The Military's New Recruits: Robotic Dogs

The Military's New Recruits: Robotic Dogs

Rediff.com10 Feb 2025

A pet project of the Indian Army, four-legged robotic prototypes have been making waves at the Republic Day and Army Day parades in the past year.

Realty sector turns cautious as equity market tumbles

Realty sector turns cautious as equity market tumbles

Rediff.com14 Apr 2025

'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'